Indépendance et Expansion SICAV is an equity fund which targets French and European Small and Mid Caps listed on a regulated market. The fund operates through two separate sub-funds, France Small and Europe Small.
Indépendance et Expansion follows a ‘quality value’ investment strategy. The main elements of analysis are low price-to-cash-flows and high returns on capital employed.Fondements théoriques
The management company
Indépendance et Expansion is managed by 4 portfolio managers who share the passion of 'value' investing.
William Higgons, president of Stanwahr, manages the fund since 1992 without interruption,which allows him to display one of the industry’s longest track-record.L'équipe de gestion
Performance & NAV
Indépendance et Expansion - France Small
Subscriptions opened
Net Asset Values
Performance 2019
Performance 2019
Evolution by period
Past performance is not a guide to future performance; Initial investment is not guaranteed
* SBF Second marché until 31/12/2004 ; CAC Small NR from 31/12/2016 ; CAC Mid & Small NR since 01/01/2017
Statistics
Data as of
Information related to the share class X(C)
Indépendance et Expansion - Europe Small
Subscriptions opened
Net Asset Values
Performance 2019
Performance 2019
Evolution by period
Past performance is not a guide to future performance; Initial investment is not guaranteed
Statistics
Data as of
Information related to the share class X(C)