Bankinter International Fund SICAV Total Return
Alternative · Global · Macro
Figures refer to the share class ISIN LU0612902816, currency EUR.
Recent performance
The EUR class returned +9.52% over one year to 2026-09-30. The WSP comparator (EUR 3-month deposit + 6%) returned +8.37%, a difference of +1.15 percentage points. Over the final three months, the fund returned +2.05%.
Key facts
- Associated firm
- Bankinter
- Asset class
- Alternative
- Geography
- Global
- Strategy
- Macro
- Share class currency
- EUR
- Share class inception
- 30.09.2011
- Fund size
- 29 million (as at 15.09.2026)
- Management fee
- 1.70%
- Performance fee
- Yes
- UCITS
- Yes
- Registered in Switzerland
- No (qualified investors only)
Performance in context
Growth from the same starting value
Fund · WSP comparator: EUR 3-month deposit + 6%
Exact chart values
| Month | Fund | WSP comparator: EUR 3-month deposit + 6% |
|---|---|---|
| 2023-09 | 100.00 | 100.00 |
| 2023-10 | 99.30 | 100.88 |
| 2023-11 | 103.01 | 101.70 |
| 2023-12 | 105.85 | 102.51 |
| 2024-01 | 106.82 | 103.44 |
| 2024-02 | 107.50 | 104.26 |
| 2024-03 | 109.30 | 105.06 |
| 2024-04 | 108.45 | 106.01 |
| 2024-05 | 109.09 | 106.91 |
| 2024-06 | 110.52 | 107.72 |
| 2024-07 | 110.32 | 108.67 |
| 2024-08 | 111.20 | 109.54 |
| 2024-09 | 113.07 | 110.44 |
| 2024-10 | 112.92 | 111.32 |
| 2024-11 | 114.21 | 112.14 |
| 2024-12 | 114.13 | 113.04 |
| 2025-01 | 116.09 | 113.90 |
| 2025-02 | 115.58 | 114.67 |
| 2025-03 | 112.66 | 115.50 |
| 2025-04 | 111.14 | 116.30 |
| 2025-05 | 115.03 | 117.09 |
| 2025-06 | 116.17 | 117.89 |
| 2025-07 | 117.95 | 118.69 |
| 2025-08 | 118.43 | 119.44 |
| 2025-09 | 119.17 | 120.28 |
| 2025-10 | 121.45 | 121.09 |
| 2025-11 | 121.03 | 121.83 |
| 2025-12 | 122.10 | 122.71 |
| 2026-01 | 123.76 | 123.52 |
| 2026-02 | 124.51 | 124.27 |
| 2026-03 | 118.59 | 125.14 |
| 2026-04 | 124.49 | 125.97 |
| 2026-05 | 127.99 | 126.76 |
| 2026-06 | 127.89 | 127.66 |
| 2026-07 | 128.36 | 128.56 |
| 2026-08 | 130.64 | 129.46 |
| 2026-09 | 130.51 | 130.35 |
Growth of 100 · EUR total returns. Monthly observations, income reinvested.
Fund valuations: 2023-09-29 to 2026-09-30. Comparison valuations: 2023-09-29 to 2026-09-30. Each calendar month uses its last available source observation; fund and comparison dates can differ.
Figures as of 30.09.2026. Calendar-year returns cover the years shown.
| 1M | 3M | 6M | YTD | 2025 | 2024 | 2023 | 1Y | 3Y | 5Y | Volatility | Sharpe R. | Max DD | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| FundISIN LU0612902816, currency EUR | -0.10 | 2.05 | 10.05 | 6.89 | 6.99 | 7.82 | 8.17 | 9.52 | 9.28 | 3.71 | 6.02 | 1.05 | -4.76 |
| BenchmarkEUR 3-month deposit + 6% | 0.69 | 2.10 | 4.16 | 6.22 | 8.56 | 10.27 | 9.65 | 8.37 | 9.24 | 8.45 | – | – | – |
| Differencefund minus benchmark, in percentage points | -0.79 | -0.05 | 5.90 | 0.67 | -1.57 | -2.45 | -1.48 | 1.15 | 0.05 | -4.75 | – | – | – |
Reporting dates by figure
- LU0612902816 — 30.09.2026: 1M, 3M, 6M, YTD, 1Y, 3Y, 5Y, Volatility, Sharpe R., Max DD, Benchmark 1M, Benchmark 3M, Benchmark 6M, Benchmark YTD, Benchmark 1Y, Benchmark 3Y, Benchmark 5Y; 31.12.2025: 2025, Benchmark 2025; 31.12.2024: 2024, Benchmark 2024; 31.12.2023: 2023, Benchmark 2023
Has the advantage depended on the entry date?
The fund finished ahead in 9 of 25 overlapping one-year windows ending 2024-09 to 2026-09. These windows overlap; this is historical frequency, not a forecast probability.
Rolling one-year relative wealth
Exact chart values
| Month | Rolling one-year relative wealth |
|---|---|
| 2024-09 | 2.38 |
| 2024-10 | 3.04 |
| 2024-11 | 0.55 |
| 2024-12 | -2.22 |
| 2025-01 | -1.30 |
| 2025-02 | -2.25 |
| 2025-03 | -6.25 |
| 2025-04 | -6.59 |
| 2025-05 | -3.72 |
| 2025-06 | -3.96 |
| 2025-07 | -2.11 |
| 2025-08 | -2.32 |
| 2025-09 | -3.23 |
| 2025-10 | -1.12 |
| 2025-11 | -2.47 |
| 2025-12 | -1.45 |
| 2026-01 | -1.70 |
| 2026-02 | -0.60 |
| 2026-03 | -2.84 |
| 2026-04 | 3.42 |
| 2026-05 | 2.78 |
| 2026-06 | 1.67 |
| 2026-07 | 0.47 |
| 2026-08 | 1.78 |
| 2026-09 | 1.06 |
Relative wealth = (1 + fund return) ÷ (1 + benchmark return) − 1. It differs from subtracting percentage returns.
How far below its previous high?
Fund · WSP comparator: EUR 3-month deposit + 6%
Exact chart values
| Month | Fund | WSP comparator: EUR 3-month deposit + 6% |
|---|---|---|
| 2023-09 | 0.00 | 0.00 |
| 2023-10 | -0.70 | 0.00 |
| 2023-11 | 0.00 | 0.00 |
| 2023-12 | 0.00 | 0.00 |
| 2024-01 | 0.00 | 0.00 |
| 2024-02 | 0.00 | 0.00 |
| 2024-03 | 0.00 | 0.00 |
| 2024-04 | -0.78 | 0.00 |
| 2024-05 | -0.19 | 0.00 |
| 2024-06 | 0.00 | 0.00 |
| 2024-07 | -0.18 | 0.00 |
| 2024-08 | 0.00 | 0.00 |
| 2024-09 | 0.00 | 0.00 |
| 2024-10 | -0.14 | 0.00 |
| 2024-11 | 0.00 | 0.00 |
| 2024-12 | -0.07 | 0.00 |
| 2025-01 | 0.00 | 0.00 |
| 2025-02 | -0.44 | 0.00 |
| 2025-03 | -2.96 | 0.00 |
| 2025-04 | -4.26 | 0.00 |
| 2025-05 | -0.92 | 0.00 |
| 2025-06 | 0.00 | 0.00 |
| 2025-07 | 0.00 | 0.00 |
| 2025-08 | 0.00 | 0.00 |
| 2025-09 | 0.00 | 0.00 |
| 2025-10 | 0.00 | 0.00 |
| 2025-11 | -0.35 | 0.00 |
| 2025-12 | 0.00 | 0.00 |
| 2026-01 | 0.00 | 0.00 |
| 2026-02 | 0.00 | 0.00 |
| 2026-03 | -4.76 | 0.00 |
| 2026-04 | -0.02 | 0.00 |
| 2026-05 | 0.00 | 0.00 |
| 2026-06 | -0.08 | 0.00 |
| 2026-07 | 0.00 | 0.00 |
| 2026-08 | 0.00 | 0.00 |
| 2026-09 | -0.10 | 0.00 |
Deepest month-end decline for this class: -4.76%.
2023-09-29 to 2026-09-30 · EUR total returns. Declines are measured against the highest month-end value within this window. Intra-month falls are not shown; this is not daily maximum drawdown.
Where did the gains and setbacks occur?
Fund return · % in EUR
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | — | — | — | — | — | — | — | — | — | -0.70 | +3.74 | +2.75 |
| 2024 | +0.91 | +0.64 | +1.67 | -0.78 | +0.59 | +1.31 | -0.18 | +0.80 | +1.68 | -0.14 | +1.15 | -0.07 |
| 2025 | +1.72 | -0.44 | -2.53 | -1.35 | +3.50 | +0.99 | +1.54 | +0.41 | +0.62 | +1.91 | -0.35 | +0.89 |
| 2026 | +1.35 | +0.61 | -4.76 | +4.97 | +2.81 | -0.08 | +0.36 | +1.78 | -0.10 | — | — | — |
Benchmark return · % in EUR
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | — | — | — | — | — | — | — | — | — | +0.88 | +0.82 | +0.79 |
| 2024 | +0.90 | +0.79 | +0.77 | +0.90 | +0.85 | +0.76 | +0.88 | +0.80 | +0.82 | +0.80 | +0.73 | +0.80 |
| 2025 | +0.76 | +0.67 | +0.73 | +0.69 | +0.68 | +0.69 | +0.68 | +0.63 | +0.70 | +0.68 | +0.61 | +0.72 |
| 2026 | +0.66 | +0.61 | +0.70 | +0.66 | +0.63 | +0.71 | +0.70 | +0.70 | +0.69 | — | — | — |
Fund minus benchmark · percentage points
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | — | — | — | — | — | — | — | — | — | -1.57 | +2.92 | +1.96 |
| 2024 | +0.01 | -0.15 | +0.90 | -1.68 | -0.26 | +0.56 | -1.07 | -0.00 | +0.86 | -0.94 | +0.41 | -0.87 |
| 2025 | +0.95 | -1.11 | -3.26 | -2.04 | +2.82 | +0.30 | +0.86 | -0.23 | -0.08 | +1.23 | -0.96 | +0.17 |
| 2026 | +0.70 | -0.00 | -5.46 | +4.32 | +2.18 | -0.78 | -0.34 | +1.08 | -0.79 | — | — | — |
Green: positive; red: negative. Grey cells are outside the displayed history. Month-end observations; no missing month is filled or interpolated.
Fund valuations: 2023-09-29 to 2026-09-30. Comparison valuations: 2023-09-29 to 2026-09-30. Each calendar month uses its last available source observation; fund and comparison dates can differ.
Within the list: OpenList — Alternatives
Compared with the alternative funds on OpenList — Alternatives (28 funds), each in the share class and currency its list shows. Returns are in each share class's own currency and are not converted.
Performance and risk figures as of 30.09.2026.
| This fund | Group median | Position | |
|---|---|---|---|
| Return 1Y | 9.52 | 9.04 | 12 of 28 |
| Return 3Y p.a. | 9.28 | 10.68 | 18 of 27 |
| 3Y p.a. over its own benchmark | 0.05 | 1.83 | 19 of 27 |
| Volatility 3Y | 6.02 | 5.63 | 17 of 27 |
| Sharpe ratio 3Y | 1.05 | 1.26 | 18 of 27 |
| Max drawdown 3Y | -4.76 | -3.88 | 18 of 27 |
| Management fee | 1.70% | 1.01% | 24 of 26 |
Position 1 is the highest value, except for volatility and the management fee, where 1 is the lowest; for max drawdown, 1 is the smallest fall. Only figures with the same reporting date are compared.
Return against risk, 3 years
Price history
Fund and benchmark rebased to 100 at 29.10.2021.
Table view
| Period | From | Fund (100 at start) | Benchmark from | Benchmark (100 at start) |
|---|---|---|---|---|
| 1Y | 31.10.2025 | 107.4 | 31.10.2025 | 107.6 |
| 3Y | 31.10.2023 | 131.4 | 31.10.2023 | 129.2 |
| 5Y | 29.10.2021 | 120.9 | 29.10.2021 | 149.4 |
| Since 2019 | 31.10.2019 | 120.0 | 31.10.2019 | 166.5 |
Total return: distributions reinvested.
In EUR, the currency of the share class shown.
Comparison: Compounded cash-rate comparison.
Assigned benchmark: EUR 3-month deposit + 6%. The comparison shows a compounded cash rate.
Fund history to 28.10.2026.
Benchmark history to 30.09.2026.
The table shows each series at its own ending date; the comparison periods are not identical.
Past performance is not a reliable indicator of future results, and the value of investments can fall as well as rise.
Chart methodology
Charts use dated total-return observations, including reinvested income. Each calendar month uses the last available observation. Fund and comparison valuation dates may differ. Month-end drawdowns exclude falls within a month. Past performance does not predict future returns.
WSP report
Ask WSP which research is available for this fund and what it covers.
Enquire about WSP researchBack to the list: OpenList — Alternatives
Performance: in %, in the currency of the share class shown. 3Y and 5Y are annualised. Volatility and Sharpe ratio are over three years; Max DD is the largest fall over three years.
Benchmark: each fund is measured against the index its own documents name. Where WSP measures a fund against a comparator of its own instead, the row names it: a tracker or a blend of the markets the fund invests in, or a cash-plus hurdle
– means not applicable.
Reporting dates are shown above the figures; exceptions are dated individually.
This page is advertising within the meaning of the Swiss Financial Services Act. It is not an offer, a recommendation or investment advice. The prospectus and key information document for any fund shown may be obtained free of charge from its management company or Swiss representative
How this fund works
How the strategy works
Bankinter Total Return can change its mix of equities, bonds, money-market instruments and currencies without predetermined regional or sector weights. It seeks returns above risk-free rates over the long term, using direct investments, other funds and derivatives. Up to the entire portfolio may be invested in other UCITS and collective investment funds. This is an absolute-return objective, not a guarantee of positive returns.
2026-06-01
Risks
Derivatives may increase volatility. The flexible allocation can also include emerging markets, contingent convertible bonds and commodity exposure within the prospectus limits.
2026-06-01