Absolute Alpha Strategy
- NAV :
- 262.72 €
as of 05.15.2012, NAV Frequency : daily
Gilles Sitbon,
Senior Fund Manager
Investment strategy
Sycomore L/S Opportunities is an Equity Long/Short fund. Its investment universe is composed of all Eurozone listed companies. Short positions can be achieved either by hedging indices or securities. Net equity exposure can range from -50% to +150%.
- ISIN Code :
- FR0010473991
- Bloomberg Code :
- SYCOPTI FP Equity
- Fund positioning :
- Long/Short - Opportunist
- AMF Classification :
- Diversified
- Legal structure :
- French law FCP
- Inception date :
- 10.11.2004
- Benchmark :
- Eonia Capitalisé
- Investment horizon :
- 5 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 | -1.46% | 0.02% |
| 2012 | 8.92% | 0.14% |
| 1 year | 0.44% | 0.74% |
| 3 years | 15.00% | 1.75% |
| 5 years | -1.43% | 9.02% |
| Inception | 31.36% | 16.74% |
| Annualised | 3.66% | 2.06% |
Performance calendar
| Fund | Benchmark | |
|---|---|---|
| 2011 | -4.37% | 0.88% |
| 2010 | 3.31% | 0.44% |
| 2009 | 12.46% | 0.72% |
| 2008 | -16.35% | 4% |
| 2007 | 0.28% | 4.02% |
| 2006 | 12.1% | 2.91% |
| 2005 | 8.17% | 2.13% |
| 2004 | 6.73% | 0.47% |
Statistics
| 3 years | Inception | |
|---|---|---|
| Correlation | 0.86 | 0.79 |
| Beta | 0.42 | 0.4 |
| Alpha | 1.09% | 1.85% |
| Volatility | 11.8% | 10.44% |
| 1-month 95% VaR | -5.18% | -4.89% |
| Sharpe Ratio | 0.25 | 0.05 |
| Drawdown | -14.42% | -27.02% |
Characteristics
Classification
- Capitalisation
- Fund currency: Euro
- UCITS III: 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: 25% above an 4% annualised net return with High Water Mark
- Entry fee: 7% maximum
- Exit fee: 7% maximum
- Movement fee: n/a