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Fund documents Luxembourg Fund

Bellevue SICAV: The Bellevue Funds (Lux) SICAV is admitted for public offering and distribution in Switzerland . Representative agent in Switzerland   Waystone Fund Services (Switzerland) SA, Avenue Villamont 17, CH-1005 Lausanne and paying agent in Switzerland: DZ PRIVATBANK (Schweiz) AG Münsterhof 12, PO Box, CH-8022 Zürich. Austria: Paying and information agent: Zeidler Legal Process Outsourcing Limited., 19-22 Lower Baggot Street, Dublin 2, D02 X658, Ireland. Germany: information agent: Zeidler Legal Process Outsourcing Limited., 19-22 Lower Baggot Street, Dublin 2, D02 X658, Ireland. Spain: The Bellevue Funds (Lux) SICAV is registered with the CNMV under the number 938. Paying and information agent: atl Capital, Calle de Montalbán 9, ES-28014 Madrid.  Prospectus, Key Investor Information Document (“KID”), the articles of association as well as the annual and semi - annual reports of the Bellevue Funds under Luxembourg law are available free of charge from the above mentioned representative, paying, facilities and information agents as well as from Bellevue Asset Management AG, Seestrasse 16 , CH - 8700 Kusnacht. 

Bellevue Asset Management (Deutschland) GmbH: You can obtain the sales prospectus, the annual reports and the german key investor information documents free of charge from Bellevue Asset Management (Deutschland) GmbH, and also from banks and financial advisers. Paying agent in Switzerland is DZ PRIVATBANK (Schweiz) AG, Münsterhof 12, PO Box, CH-8022 Zurich. The swiss agent is IPConcept (Schweiz) AG, In Gassen 6, PO Box, CH-8022 Zurich. In Switzerland you can obtain sales prospectus, the annual reports and the german key investor information documents free of charge from the agent and also from the paying agent. 

Fund documents Bellevue Entrepreneur Switzerland

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Fund documents Bellevue Funds and Bellevue Healthcare Strategy

Prospectus, Key Investor Information Document („KID“), fund contract as well as the annual and semi - annual reports of the Bellevue Medtech and Services fund established under Swiss law in the category "Other Funds for Traditional Investments" are available free of charge from : Switzerland : Swisscanto Fondsleitung AG, Bahnhofstrasse 9 , CH - 8001 Zürich or Bellevue Asset Management AG, Seestrasse 16 , CH - 8700 Kusnacht

Fund documents StarCapital Equity Value plus, StarCapital Multi Income, StarCapital Strategy 1 and StarCapital Dynamic Bonds.

Prospectus, the key investor information document ("KID"), the management regulations and the semi-annual and annual report are available free of charge in German from Bellevue Asset Management (Deutschland) GmbH, your advisor or intermediary, the paying agents, the relevant custodian bank or from the management company IPConcept (Luxembourg) S.A. (société anonyme), 4, rue Thomas Edison, L-1445 Luxembourg, Luxembourg, https://www.ipconcept.com. For information on opportunities and risks as well as tax information, please refer to the current detailed sales prospectus. Further information on investor rights can be found on the Management Company's website (https://www.ipconcept.com). The management company may decide to cancel the arrangements it has made for the distribution of the units of its collective investment undertakings in accordance with Article 93a of Directive 2009/65/EC and Article 32a of Directive 2011/61/EU.

Fund documents Bellevue Option Premium fund

Prospectus, the key investor information document ("KID"), the management regulations and the semi-annual and annual reports are available free of charge in German from Bellevue Asset Management (Deutschland) GmbH, your advisor or intermediary, the paying agents, the responsible depositary (UBS Europe SE, Bockenheimer Landstrasse 2-4, D-60306 Frankfurt am Main) or from the management company Universal-Investment-Gesellschaft mbH, Theodor-Heuss-Allee 70, D-60486 Frankfurt am Main, https://www.universal-investment.com. For information on opportunities and risks as well as tax information, please refer to the current detailed sales prospectus. Further information on investor rights can be found on the Management Company's website (https://www.universal-investment.com). The management company may decide to cancel the arrangements it has made for the distribution of the units of its collective investment undertakings in accordance with Article 93a of Directive 2009/65/EC and Article 32a of Directive 2011/61/EU.

 Fund documents StarCapital Premium Bonds plus  

Prospectus, the key investor information document ("KID"), the management regulations and the semi-annual and annual reports. These can be obtained free of charge in German from Bellevue Asset Management (Deutschland) GmbH, your advisor or intermediary, the paying agents, the responsible depositary (UBS Europe SE, Bockenheimer Landstrasse 2-4, D-60306 Frankfurt am Main) or from the management company Donner & Reuschel AG, Ballindamm 27, 20095 Hamburg, https://www.donner-reuschel.de. For information on opportunities and risks as well as tax information, please refer to the current detailed sales prospectus. Further information on investor rights can be found on the Management Company's website (https://www.universal-investment.com). The management company may decide to cancel the arrangements it has made for the distribution of the units of its collective investment undertakings in accordance with Article 93a of Directive 2009/65/EC and Article 32a of Directive 2011/61/EU.

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More info

Bellevue Asset Management launches Obesity Solutions Fund

14.11.2023
#Media Releases

Overweight and obesity are more prevalent than ever and rates are trending even higher worldwide. Compared to earlier years, though, awareness of this issue has clearly increased. Government campaigns targeting obesity reflect the heavy economic burden of this disease, in particular the indirect costs. Thanks to medical advances, such as the GLP-1 drug class, new solutions and opportunities are emerging for patients, doctors, and investors.

«As a House of Healthcare Investment Ideas with more than 20 dedicated healthcare investment experts, we can offer our clients efficient access to mega trends early on. Treatments for excess weight and obesity currently benefit from strong political support, more so than in any other treatment area, and they offer attractive growth potential at the same time. The Bellevue Obesity Solutions Fund opens a completely new avenue for healthcare investors,» says Christian Lach, the fund's lead portfolio manager. The fund will be launched on November 30, 2023.

New solutions for tackling the obesity pandemic 

About 40% of the world’s population is overweight or obese. The WHO estimates that this figure will rise above the 50% threshold by 2035. Global costs related to obesity are forecast to rise to more than USD 4 trillion a year, which would be comparable to the impact of the COVID-19 pandemic in 2020. Solutions that reduce the prevalence of excess weight and obesity are therefore an effective means of reducing costs in healthcare systems, considering the more than 200 associated comorbidities and complications. Despite the scale and scope of this challenge, only about 2% of all affected people are receiving professional medical treatment.

The numbers are alarming, but in contrast to the preceding decades, greater effort is now being made to address the issue of obesity. Organizations such as the WHO and UNICEF are calling for concerted and urgent action. Many countries have already drawn up ambitious plans to tackle this health crisis.

«Medical progress has finally given us better solutions,» says co-manager Lukas Leu. «Innovative breakthroughs are largely to credit. GLP-1 drugs that help to control blood glucose levels, for example, are setting new standards for treating obesity. A holistic approach is nevertheless crucial for lasting success on this front.» The value chain is therefore much broader than one might presume. It ranges from obesity prevention, diagnostics, and treatment of obesity to the treatment of myriad related health conditions. From an investment standpoint, then, a broad-based investment vehicle for this highly compelling growth story is likely to produce the best returns.

An expert portfolio built across the entire value chain 

Bellevue Obesity Solutions, an actively managed and global equity fund, is exclusively focused on this mega trend. Its novel investment approach comprises healthcare sector investments (approx. 80% portfolio weighting) rounded out with investments in companies active in the fields of nutrition and physical activity (max. weighting 20%). Target companies have high sales growth, high gross margins, attractive product pipelines and a solid balance sheet. The portfolio will be constructed across the entire obesity value chain, covering the following three areas:

  • Diagnostics and treatment: Biopharmaceutical companies focused on treating obesity and related diseases; medtech companies offering diagnostic, surgical, or monitoring and management solutions; production or distribution companies.
  • Obesity-related diseases: Biopharma and medtech companies active in the diagnosis and treatment of obesity-related diseases, as well as healthcare services providers such as hospitals that offer a holistic approach for diabetes management, rehabilitation centers or dialysis facilities.
  • Nutrition and physical activity: Companies active in the nutrition, fitness or sports business that are clearly relevant for obesity prevention and treatment purposes.

Diversified portfolio based on bottom-up stock analysis 

The portfolio management team of the Bellevue Obesity Solutions (Lux) Fund consists of Christian Lach, Lukas Leu and Oliver Kubli, all healthcare investment specialists with many years of experience. They build and manage a well-diversified but focused portfolio of 40 to 60 stocks taken from a broad universe using a fundamental bottom-up investment process.

Contact

Bellevue Asset Management AG, Seestrasse 16, 8700 Küsnacht/Zurich,Tanja Chicherio, tel. +41 44 267 67 09, tch@bellevue.ch

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