Nav series is rebased to 100
Description
The fund has a flexible investment style and invests in Euro area companies with significant potential for growth in turnover and margins, and in companies that the fund manager considers undervalued, with turn-around opportunities through industrial or financial restructuring. The methodological approach is discretionary and is based on two strategies, a macro, which indicates the level of exposure of the subfund to the market, and a micro, with which the securities with unexpressed value on which to invest are selected. Selection takes place through fundamental analysis. The subfund is invested in equities and has the ability to hedge through futures to reduce market correlation.
Features
Product info
| Inception date |
19th August 2008 |
| Product type |
Equity Flexible UCITS V |
| Focus Geo/Sector |
Equity Euro Area |
| Investment approach |
Discretionary, absolute return (no benchmark) |
| Hedging |
Derivatives |
| Nav frequency |
Daily |
| Risk profile (from 0 to 7) |
5 |
| Currency |
Euro |
| Domicile |
Luxembourg |
| Depositary Bank |
RBC Investor Services |
| Paying Agent |
BNP Paribas |
| Auditor |
Ernst&Young |
Investment limits
| Cash, governative and corporate bonds: |
max 100% |
| Equity and convertible bonds: |
max 100% |
| Derivatives: |
max 100% |
| Equity small and mid cap: |
max 50% |
| ETF and Funds: |
max 10% |
| Credit derivatives, Covered Warrant and ABS: |
None |
Fees
| Management and distribution fees: |
|
| Share A - Retail |
1.75% |
| Share B - Institutional |
1.05% |
| Performance fees: |
20% with absolute high watermark |
| Up front fees: |
up to 3% |
Minimum investment
| Share A - Retail |
None |
| Share B - Institutional |
Euro 250,000 |
Shares - ISIN
| Share A - Retail |
LU0374938990 |
| Share B - Institutional |
LU0374939022 |
Bloomberg ticker
| Share A - Retail |
PLAREDA LX |
| Share B - Institutional |
PLAREDB LX |
Dealers
Platforms
Collocatori
Contatti utili
Scrivici per ricevere maggiori informazioni.
There is no guarantee of obtaining equal returns for the future.
Returns are gross of tax charges and net of management charges.
Prior to accession it is recommended that you carefully read the Key Investor Information (KIID) and the Prospectus available on the SGR's website, as well as from distributors.
The latest annual or semi-annual report available is recommended.
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