Investment Objective
This is an Emerging Market equity fund with a long short strategy, which invests in a portfolio of selected stocks from emerging countries and Asia and protects the exposure to the stock market in a dynamic way by selling short futures contracts on stock indexes of the respective markets. Both the process of stock picking and the process of hedging the equity portfolio is implemented using quantitative models developed by the investment manager Finlabo SIM. The fund aims to provide in the medium/long term positive annual absolute return above EONIA+500b.p., independently from the market conditions, while maintaining an annual volatility lower than 15-18%.
Performance
| JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC | YTD | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 0.9 | 0.1 | 0.1 | 0.5 | 0.4 | 0.6 | 0.8 | 0.6 | 0.2 | 0.6 | 0.6 | 0.6 | 0.4 | |
| 2022 | 0.9 | 0.5 | 0.7 | 0.5 | 0.1 | 0.2 | 0.8 | 0.9 | 0.7 | 0.6 | 0.3 | 0.3 | 0.5 |
