Absolute Alpha Strategy
- NAV :
- 102.19 €
as of 05.15.2012, NAV Frequency : daily
Olivier Mollé,
Senior Fund Manager
Investment strategy
Sycomore L/S Market Neutral in a equity Long/Short fund. Its investment universe is composed of all Eurozone listed companies. Short positions can be achieved either by hedging equity indices or securities. Its net equity exposure can range from -10% to +10%.
- ISIN Code :
- FR0010473876
- Bloomberg Code :
- SYCPATI FP Equity
- Fund positioning :
- Long/Short Market Neutral
- AMF Classification :
- Diversified
- Legal structure :
- French law FCP
- Inception date :
- 09.15.2005
- Benchmark :
- Eonia Capitalisé
- Investment horizon :
- 2 years
Fund track record
Download performance from to Download
Past performance cannot be a guarantee of future performance.
Performance data as of 05.15.2012
Performance
| Fund | Benchmark | |
|---|---|---|
| May 2012 | -0.87% | 0.02% |
| 2012 | 1.82% | 0.14% |
| 1 year | 4.12% | 0.74% |
| 3 years | 4.04% | 1.75% |
| 5 years | -6.74% | 9.02% |
| Inception | 2.19% | 14.49% |
| Annualised | 0.33% | 2.05% |
Performance calendar
| Fund | Benchmark | |
|---|---|---|
| 2011 | 2.61% | 0.88% |
| 2010 | -0.78% | 0.44% |
| 2009 | 2.22% | 0.72% |
| 2008 | -8.79% | 4% |
| 2007 | -0.64% | 4.02% |
| 2006 | 5.81% | 2.91% |
| 2005 | 0.57% | 0.63% |
| 2004 | - | - |
Statistics
| 3 years | Inception | |
|---|---|---|
| Correlation | 0.73 | 0.18 |
| Beta | 0.09 | 0.03 |
| Alpha | 3.8% | 1.33% |
| Volatility | 3.42% | 3.69% |
| 1-month 95% VaR | -1.14% | -1.57% |
| Sharpe Ratio | 0.5 | 0.23 |
| Drawdown | -3.04% | -5.64% |
Characteristics
Classification
- Capitalisation
- Fund currency: Euro
- UCITS IV: Yes
- PEA Eligibility: Yes
Subscription / Redemption
- Order Frenquency: Daily
- NAV Frequency: Daily
- Centralisation: BNPP Securities Services
- Settlement date: D+3
Management fee
- Fixed management fee: 1%
- Outperformance fee:
20% above an 4% annualised net return with High Water Mark - Entry fee: 7% maximum
- Exit fee: n/a
- Movement fee: n/a