Funds and prices
Overview
A global equity strategy seeking performance by exploiting what the managers believe are mispriced stocks. 'Short' positions (benefit from an expected fall) are taken in stocks considered over-valued and 'long' positions (benefit from an expected rise) are taken in stocks considered under-valued. The search for mispriced stocks covers developed and emerging markets.
The 'gross exposure' (total of 'longs' and 'shorts') indicates total exposure to markets and is typically 125 to 200% of capital.
The 'net exposure' ('longs' less 'shorts') is a measure of the Fund's exposure to market change and is typically 20 to 40%.
Benefits
An investment strategy that aims to produce returns driven by stock selection while achieving some downside protection in declining equity markets.
Maximising opportunities from unique and uncorrelated sources of performance.
The Fund offers daily liquidity.
Risks
Features
Product category |
Alternative
|
Product domicile |
Ireland
|
Portfolio management |
ÃÛ¶¹ÊÓÆµ Asset Management (UK) Ltd., London
|
Fund management |
ÃÛ¶¹ÊÓÆµ Fund Management (Ireland) Limited, Dublin 2
|
Custodian bank |
J.P. Morgan Bank (Ireland) Plc
|
Representative for products established under foreign law |
ÃÛ¶¹ÊÓÆµ Asset Management (UK) Limited
|
Day of inception |
30 January 2014
|
Currency of account |
EUR
|
Close of financial year |
30 September
|
Issue / redemption |
daily
|
Distribution |
Reinvestment
|
Maturity |
Open end
|
Flat fee |
0.83% p.a.
|
Performance fee |
20.00%
|
Management fee |
0.65% p.a.
|
Total expense ratio (TER) |
1.82% p.a.
|
Minimum investment |
n.a.
|
ISIN |
IE00BHBXMW22
|
Bloomberg Ticker |
UIA1PFE ID
|
Performance and Prices
Percentage growth
as of 02 April 2024EUR(%) | |
YTD | |
1M | |
3M | 5.92 |
6M | 3.64 |
1Y | 9.04 |
2Y | 12.68 |
3Y | 21.90 |
5Y | |
ø p.a.5Y | 7.20 |
EUR(%) | |
Q1 2023 to Q1 2024 | 9.08 |
Q1 2022 to Q1 2023 | 3.24 |
Q1 2021 to Q1 2022 | 8.58 |
Q1 2020 to Q1 2021 | 12.10 |
Q1 2019 to Q1 2020 | 3.87 |
Current data
Net asset value | 02.04.2024 | EUR 161.10 |
High - last 12 months | 28.03.2024 | EUR 161.16 |
Low - last 12 months | 05.04.2023 | EUR 147.58 |
Assets of the unit class in mn | 02.04.2024 | EUR 22.22 |
Total product assets in mn | 02.04.2024 | EUR 352.58 |
Structures
10 largest positions long (in %) (in %, as of 29 February 2024)
|
|
Lyft | 2.18 |
Amazon.com | 2.01 |
IAC | 1.95 |
Nec | 1.90 |
UnitedHealth | 1.89 |
Danone | 1.67 |
BAWAG Group | 1.47 |
California Resources | 1.13 |
Drax Group | 0.98 |
Shin-Etsu Chemical | 0.75 |
Fees
Distributions
Authorisations
Literature
Document type
|
Document Language
|
Prospectus |
|
Supplement |
|
Country supplement |
|
Key Investor Information (KIID) |
|
Key Information Document |
|
Past performance |
|
Statutes / Management regulations |
|
Document type
|
Document Language
|
Annual report |
|
Semi-annual report |
|