SIA Long Term Investment Fund Classic

Investment philosophy: Strategic Value

The SIA LTIF Classic applies a strategic value approach to uncover exceptional companies – businesses with strong leadership, sound balance sheets, and enduring fundamentals, purchased at attractive valuations. Global and broadly diversified across sectors, the Fund aims to deliver 10–12% net annual returns over time.

Performance since inception in 2002, multiplying 8.8 times, annualized 9.2%, beating the Index by more than 280%

SIA LTIF Classic vs MSCI World

SIA LTIF Classic vs MSCI World

SIA LTIF Classic vs MSCI World

Line chart. Data table with 77 rows and 3 columns follows.

SIA LTIF Classic vs MSCI World
LTIF ClassicMSCI World
30/06/2020100100
31/07/202097.94101.12
31/08/2020102.97106.26
30/09/202098.86105.05
30/10/202095.07102.02
30/11/2020116.03113.15
31/12/2020119.49115.69
29/01/2021116.87115.79
26/02/2021128.7120.64
31/03/2021139.2128.83
30/04/2021141.4130.21
31/05/2021145.06130.33
30/06/2021147.5135.84
30/07/2021142.92134.06
31/08/2021140.97138.89
30/09/2021143.21135.55
28/10/2021149.84139.65
30/11/2021139.43137.87
31/12/2021144.79141.48
31/01/2022153.37137.22
28/02/2022158.09131.66
31/03/2022160.22134.78
30/04/2022166.94131.23
31/05/2022170.5129.76
30/06/2022155.32118.35
29/07/2022164.77126.07
31/08/2022160.08124.34
30/09/2022144.03113.37
28/10/2022159.3122.26
30/11/2022170.58125.58
31/12/2022165.59117.11
31/01/2023175.09124.51
28/02/2023173.05123.51
31/03/2023170.18124.16
27/04/2023170.88122.49
31/05/2023168.06124.35
30/06/2023172.7129.12
31/07/2023180.53129.76
31/08/2023179.31128.13
30/09/2023177.55127.28
31/10/2023166.43121.47
30/11/2023172.07128.88
31/12/2023180.58130.01
31/01/2024181.97133.6
29/02/2024180.8143.14
27/03/2024190.53151.35
29/04/2024197.36149.16
31/05/2024201.62151.99
28/06/2024193.05154.66
31/07/2024200.09153.86
30/08/2024203.35152.35
30/09/2024203.98154.83
30/10/2024203.48157.75
29/11/2024204.13164.1
31/12/2024201.7164.88
31/01/2025209.7170.95
28/02/2025213.21168.33
31/03/2025203.69158.74
29/04/2025194.97148.85
30/05/2025207.46157.33
30/06/2025208.6159.16
31/07/2025216.09164.35
29/08/2025217.9165.98
30/09/2025221.6171.15
31/10/2025224.09176.67
28/11/2025222.08176.66
31/12/2025225.66176.28
30/01/2026230.21176.33
27/02/2026236.4178.4
31/03/2026226.25172.68
30/04/2026233.26185.46
29/05/2026241.07194.87
30/06/2026241.47199.68
31/07/2026260.06200.42
31/08/2026267.55205.4
30/09/2026257.98209.5

Price / General Information (September 30, 2026) 

Net PerformanceFund
Year-to-date16.5%
1 year rolling18.1%
3 years rolling42.3%
5 years rolling58.0%
Since inception5.64x

Key Investment Data

Key DataFund
Dividend yield (aggregated Bloomberg  estimate)3.68%
Expect return (as estimated by SIA)16.4%
Instrinsic value (as estimated by SIA)€1,258
Number of equity positions35
Top 5 HoldingAsset Allocation by Country%Asset Allocation by Sector%
Grifols SAFrance13.8%Consumer Discretionary32.0%
Pandora A/SUnited States13.4%Consumer Staples31.9%
Viscofan SASpain12.9%Health Care13.6%
ISS A/SUnited Kingdom12.6%Energy8.2%
Edenred SEDenmark11.7%Industrials4.9%
Norway10.7%Financials4.6%
Germany6.6%Materials2.8%
Brazil5.4%Information Technology2.0%
Other12.9%

Share Classes

CURRENCYEURCHFUSD
ISIN NumberLU0244071956LU0301246772LU0301247077
WKNA0JD7EA0M977A0MWBX
Telekurs valor2.432.5693.101.8173.101.820
Bloomberg tickerLTIFCLA LXLTIFCLC LXLTIFCLU LX
Minimum subscr.NONONO
Distributionreinvestedreinvestedreinvested
Fact SheetEN | DEEN | DEEN | DE
PRIIPEN | DE | FR | IT | ESEN | DE | FR | IT | ESEN | DE | FR | IT | ES

Retail Class

CURRENCYEUR
ISIN NumberLU2022172220
WKNA3D3VL
Telekurs valor48.704.455
Bloomberg tickerLOLTIEB LX
Minimum subscr.NO
Distributionreinvested
Fact SheetEN | DE
PRIIPEN | DE | FR | IT | ES

Institutional Classes

CURRENCYEURCHFCHF HedgedEUR
ISIN NumberLU3103671098LU3103670876LU3103670959LU1449969846
WKNA41FXFA41FXDA41FXEA2DJEV
Telekurs valor146.252.895146.227.031146.227.03333.180.015
Bloomberg tickerLTIFCIE LXLTIFCIC LXLTIFCIH LXLTIFCLD LX
Minimum subscr.5 mio.5 mio.5 mio.5 mio.
Distributionreinvestedreinvestedreinvesteddistributed
Fact SheetEN | DEEN | DEEN | DEEN | DE
PRIIPEN | DE | FR | IT | ESEN | DE | FR | IT | ESEN | DE | FR | IT | ESEN | DE | FR | IT | ES

Other Downloads

Prospectus

EN | DE

Operating Manual

EN

Dealing Guidelines

EN

Client Information FIDLEG

EN

Characteristics

The SIA Long Term Investment Fund Classic is a Sub-Fund of SIA Long Term Investment Fund. The Company is a Luxembourg Investment Company with multiple sub-funds organised as a “société anonyme” incorporated on February 2, 2006. It is a Part I (UCITS) of the Luxembourg law of 17th December 2010 as a “Société d’Investissement à Capital Variable” (SICAV).

Investment Manager: SIA Asset Management AG, Lachen, Switzerland

Central administration Agent: FundPartner Solutions (Europe) S.A., Luxembourg

Custodian: Pictet and Cie (Europe) S.A., Luxembourg

Fees

SIA LTIF A Class
Management fee – 1.5% p.a.
Performance fee – 15% (HWM and Hurdle Rate)

SIA LTIF Retail Class
Management fee – 2% p.a.
Performance fee – NO

SIA LTIF Institutional Class
Management fee – 1% p.a.
Performance fee – NO