Investment Objective
The objective of the fund is to construct a diversified portfolio of uncorrelated event-driven situations by investing predominantly in equities and equity related securities of companies having their registered office or carrying out their primary activity in Europe. The fund aims to generate consistent high-single digit returns across market cycles with contained volatility below 7% and low correlation to underlying equity markets. The fund is generally managed with a gross exposure of less than 150% of NAV and a net exposure ranging from 20% to 40% of NAV.
Performance
| JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC | YTD | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.5 | 0.4 | 0.0 | 0.4 | 0.3 | 0.2 | 0.2 | 0.8 | 0.3 | 0.6 | 0.1 | 1.0 | 0.8 | |
| 2023 | 0.7 | 0.0 | 0.4 | 0.4 | 0.6 | 0.6 | 0.9 | 0.8 | 0.4 | 0.8 | 0.1 | 0.7 | 0.6 |
