AUM
Holdings
Universe
Inception Date
While some industries were born as subscription services such as telecommunication operators and media companies, many other industries are now offering subscriptions: video and music streaming, fitness, video games, mobile apps, retail, etc. In the B2B space, the growth and success of subscription-based software is pushing companies to use them more extensively.
We believe subscriptions represent a more convenient and sustainable way to consume while vendors benefit from highly recurring revenue with positive economics. The subscription economy encapsulates both online and offline services and solutions, allowing the strategy managers to construct a balanced and diverse portfolio based on their strongest convictions.
ESG Credentials
SRI
This ranking on the synthetic risk and reward indicator scale is due to the Fund’s allocation to equity markets. Historical data may not be a reliable indication for the future. The risk category shown is not guaranteed and may shift over time. There is no capital guarantee or protection on the value of the Fund. The lowest category does not mean “risk free”.
The following risks are materially relevant to the Fund but are not adequately captured by the synthetic indicator:
- Liquidity risk: liquidity risk represents the price reduction which the UCITS should potentially accept to have to sell certain securities for which there is one insufficient request on the market.
- Stock Connect risk: the Fund may invest in China “A” shares via the Shanghaï-Hong Kong Stock Connect and/or Shenzhen-Hong Kong Stock Connect programs which are subject to additional clearing and settlement constraints, potential regulatory changes as well as operational and counterparty risks.
The Fund is subject to sustainability risks as defined in the Regulation 2019/2088 (article 2(22)) by environmental, social or governance event or condition that, if it occurs, could cause an actual or a potential material negative impact on the value of the investment. More information on the framework related to the incorporation of Sustainability can be found on the website of the Management Company and the Delegated Investment Manager.
Please refer to the section entitled “Specific Risks” of the Prospectus for additional details on risks.
Investors should consider the investment objectives, risks and expenses of any investment carefully before investing. Please read the prospectus and Key Investor Information carefully before investing.
Investment objective
The Thematics Subscription Economy strategy is a long-only all-cap global equity strategy that invests in stocks of companies that provide services or products on a subscription basis.
The investment objective of Thematics Subscription Economy Strategy is long-term growth of capital through an investment process systematically including Environmental, Social and Governance (“ESG”) considerations.
The strategy is managed through a thematic lens and is therefore unconstrained by typical limitations in terms of sectors, geographies, styles and market capitalizations. Doing so allows the managers to access attractively priced long term investment opportunities wherever they find them.
More about Thematics Subscription Economy fund?
If you want to know more about Thematics Subscription Economy Fund ( NAVs, Performances...)
Fund Details
Fees
Performances
Performance data shown represents past performance and is not a guarantee of, and not indicative of, future results.
Cumulative
| 1 month | 1 year | 3 years | Creation | |
|---|---|---|---|---|
Thematics Subscription Economy Fund I (C) USD | + 4.53% | + 25.40% | -3.82% | + 52.49% |
MSCI AC WLD NTR $ | - | + 27.68% | + 18.77% | + 64.47% |
Annualized
| 1 year | 3 years | Creation | |
|---|---|---|---|
Thematics Subscription Economy Fund I (C) USD | + 25.40% | -1.29% | + 9.00% |
MSCI AC WLD NTR $ | + 27.68% | + 5.90% | + 10.69% |
PERFORMANCE DATA SHOWN REPRESENTS PAST PERFORMANCE AND IS NOT A GUARANTEE OF, AND NOT INDICATIVE OF, FUTURE RESULTS. More recent performance may be lower or higher. Principal value and returns fluctuate over time (mainly as a result of currency fluctuations) so that shares, when redeemed, will be worth more or less than their original cost. Performance shown is net of all fund expenses, but does not include the effect of sales charges, taxation or paying agent charges, and assumes reinvestment of dividends. If such charges were included, returns would have been lower. Performance for other share classes will be more or less depending on differences in fees and sales charges. For further information on the performance data, including calculation of performance during periods of share class inactivity, please refer to the Fund Factsheet available under Fund Documents section.
Fund managers
Nolan Hoffmeyer
Nolan is the co-manager of the Thematics Subscription Economy strategy. He is also a founder and owner of Thematics Asset Management. Prior to establishing the Company, he was the Co-manager of Pictet Asset Management’s Digital Fund. He joined Pictet in March 2012.
In 2017, Nolan is recognized as one of the rising stars in the “Managers to Watch” series by Investment Week, an industry publication.
Nolan graduated with a degree of Bachelor in Business Administration from the University of St. Gallen and holds a Master in Financial Engineering from the University of Lausanne. He is a CFA charterholder.
Walid Azar Atallah
Walid is the co-manager of the Thematics Subscription Economy strategy
Walid Azar Atallah joined Thematics AM in September 2020. Prior to joining, he was a portfolio manager at Decalia Asset Management. Before that, Walid spent three years at CPR Asset Management as a portfolio manager within the thematic equities team.
Walid obtained a masters in trading and risk management from INSEEC Business School in Paris and a bachelor’s degree in Economics from Saint Joseph University in Beirut.
News about Thematics Subscription Economy Fund.
Decoding AI Security: The Good. The Bad. And The Terrifying.
As the hype subsides, safety takes centre stage.
Proxy Voting Dashboard
Global ESG Performance - Label ISR 2021
Principles of Adverse Impact Report 2023
Global ESG Performance - Label ISR 2023
Global ESG Performance - Label ISR 2020
Thematics Subscription Economy Presentation
More and more companies are turning to subscriptions to monetize their services.
Thematics Water Presentation
The world's only true, life sustaining resource.
PRI Assessment Report 2021
Thematics AI & Robotics Presentation
Increasingly widespread in all aspects of our daily lives.
Subscribe to our newsletter
Receive everything the team’s working on directly in your inbox.
Contact us
Our team is here to provide you with personalized and outstanding service.