Investment Objective
The Product investment objective is to achieve a positive return in any type of market condition by investing across fixed Income, equities, currency markets on global basis (absolute return strategy). Specifically, the Product seeks to outperform the euro short-term rate (€STR) (compounded daily) Index, over any 3-year holding period, while offering controlled risk exposure. For indicative purposes, given the risk profile, the return is expected to be in excess (before applicable fees) of €STR +4% per annum after the deduction of operating and management fees.
Performance
| JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC | YTD | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | 0.6 | 0.0 | 0.9 | 0.3 | 0.6 | 0.2 | 0.2 | 0.0 | 0.2 | 0.6 | 0.4 | 0.7 | 0.6 | |
| 2021 | 0.8 | 0.2 | 0.0 | 0.7 | 0.1 | 0.3 | 0.3 | 0.0 | 0.4 | 0.6 | 0.2 | 0.1 | 0.3 |
