Tocqueville Dividende D
Tocqueville Dividende is a fund invested in European stocks selected for their ability to distribute a significant and sustainable dividend.
Class D - FR0010546937 - NAV : 14,99€
As of 13/11/2025
Fund Managers
Fund manager
A graduate of Sciences Po Paris, with a Master's degree in Law from Panthéon-Sorbonne and CIIA, Pierre began his career in 1987 as a sell-side analyst with a number of institutions, including CIC Securities, Dresdner Kleinwort Benson and BNP Paribas. In 2001, he joined Crédit Lyonnais Securities in New York as a European equity salesman. In 2004, still in New York, he became an analyst manager at Amber Capital, an event-driven hedge fund. In 2006, he joined BNP Paribas' equity derivatives team in Paris, as a long-short trader in European equities. In 2008, he was appointed Head of Global Equity Fundamental Research at BNP Paribas in the equity derivatives team in Paris, then in London in 2011. In 2016, he joined LBPAM as senior European equity manager, then Tocqueville Finance in 2020. Since 2024, when Tocqueville Finance and LFDE merged, he has been part of the Value team of La Financière de l'Echiquier.
Fund manager
A graduate of Audencia Business School and holder of a Master's degree in Finance from Ohio State University-Fischer College of Business, Romain Ruffenach began his career in 2006 at CM-CIC Securities as a sell-side analyst. He then turned to auditing in 2007 at KPMG before joining SMA Gestion in 2013, in the Equity Long Only team, where he became manager of the benchmark European equity fund. In 2018, he became manager of the Echiquier Value Euro fund at La Financière de l'Echiquier. Since 2024, the year of the merger between Tocqueville and LFDE, he has been part of LFDE's Value team.
Performance
Price dataCalendar performance (%)
Past performance is not an indication of future performance. Returns indicated are after management fees but before taxes paid by the investor.
Calendar performance (%)
| 2025 | |
| Tocqueville Dividende D | +29,00 |
| Benchmark | +22,23 |
| 2024 | |
| Tocqueville Dividende D | +0,87 |
| Benchmark | +8,20 |
| 2023 | |
| Tocqueville Dividende D | +7,16 |
| Benchmark | +18,78 |
| 2022 | |
| Tocqueville Dividende D | -11,74 |
| Benchmark | -6,87 |
| 2021 | |
| Tocqueville Dividende D | +7,88 |
| Benchmark | +25,13 |
| 2020 | |
| Tocqueville Dividende D | -13,62 |
| Benchmark | -3,32 |
| 2019 | |
| Tocqueville Dividende D | +11,90 |
| Benchmark | +26,05 |
| 2018 | |
| Tocqueville Dividende D | -20,92 |
| Benchmark | -10,57 |
| 2017 | |
| Tocqueville Dividende D | +4,23 |
| Benchmark | +10,24 |
| 2016 | |
| Tocqueville Dividende D | -3,01 |
| Benchmark | +2,58 |
Cumulative performance (%)
| 3 months | |
| Tocqueville Dividende D | +1,97 |
| Benchmark | +5,91 |
| 2025 | |
| Tocqueville Dividende D | +29,00 |
| Benchmark | +22,23 |
| 1 year | |
| Tocqueville Dividende D | +31,26 |
| Benchmark | +24,17 |
| 3 years | |
| Tocqueville Dividende D | +39,31 |
| Benchmark | +54,27 |
| 5 years | |
| Tocqueville Dividende D | +38,16 |
| Benchmark | +89,54 |
| 10 years | |
| Tocqueville Dividende D | +1,77 |
| Benchmark | +123,05 |
| Inception | |
| Tocqueville Dividende D | +49,90 |
| Benchmark | +193,95 |
Annualised performance (%)
| 1 year | |
| Tocqueville Dividende D | +31,26 |
| Benchmark | +24,17 |
| 3 years | |
| Tocqueville Dividende D | +11,67 |
| Benchmark | +15,53 |
| 5 years | |
| Tocqueville Dividende D | +6,67 |
| Benchmark | +13,63 |
| 10 years | |
| Tocqueville Dividende D | +0,17 |
| Benchmark | +8,35 |
| Inception | |
| Tocqueville Dividende D | +1,66 |
| Benchmark | +4,49 |
Risk indicators (%)
| 1 year | |
| Fund volatility | 16,36 |
| Index volatility | 14,32 |
| Sharpe ratio | 1,59 |
| Information ratio | 0,80 |
| Beta | 1,05 |
| Tracking Error | 6,98 |
| 3 years | |
| Fund volatility | 13,85 |
| Index volatility | 14,10 |
| Sharpe ratio | 0,87 |
| Information ratio | -0,48 |
| Beta | 0,86 |
| Tracking Error | 7,32 |
| 5 years | |
| Fund volatility | 14,31 |
| Index volatility | 14,22 |
| Sharpe ratio | 0,52 |
| Information ratio | -0,92 |
| Beta | 0,88 |
| Tracking Error | 7,31 |
Characteristics
| General characteristics of the fund | |
| Fund Inception | 27/04/2001 |
| Investment management company | La Financière de l'Echiquier |
| Legal form | A French mutual fund (Fonds Commun de Placement or FCP) |
| Classification | International equity |
| Reference indicator | MSCI EMU NET RETURN EUR |
| Investment horizon | 5 years |
| Periodicity and Listing currency | Daily (EUR) |
| Custodian | CACEIS Bank |
| Fund Administrator | CACEIS Fund Administration |
| SFDR classification | Article 8 |
| Share class characteristics | |
| Fund Inception | 27/04/2001 |
| ISIN Code | FR0010546937 |
| SRI PRIIPS | 4/7 |
| Minimum subscription amount | 1 € |
| Investor profile | All subscribers |
| Tax included Including tax | 2,39% |
| Subscription fee max. tax incl. not retained by the fund | 3,50% |
| Redemption fee max. tax incl. not retained by the fund | 1,00% |
| Management fees and other administrative and operating expenses (based on the fund’s last fiscal year) |
1,99% |
| Transaction costs (based on the average of the fund’s last 3 fiscal years) |
0,48% |
The information provided above is not contractual and does not constitute investment advice. Past performance is not a reliable indicator of future performance. Management fees are included in performances. The value of the investment may change in line with market fluctuations and investors may lose some or all of their initial investment, as the investment funds carry no capital guarantee. Access to the products and services presented herein may be subject to restrictions for certain people or countries. Taxation depends on each investor’s personal situation. The risks, charges and recommended investment period of the investment funds presented are described in the KIIDs (key investment information documents) and prospectuses available on this website. The KIID must be provided to potential investors prior to subscription.