Investment Objective
Candriam Absolute Return Equity Market Neutral seeks to deliver positive absolute returns by taking long and short positions on worldwide equity indices and their constituents, to benefit from short to medium term pricing inefficiencies. To achieve this objective, the fund managers implement a combination of discretionary statistical arbitrage strategies, using a mix of quantitative and qualitative analysis, while closely managing risk. Such strategies include: Index Rebalancings and Relative Value. This results in a diversified equity market neutral portfolio with a maximum volatility target of 10%
Reference Index
EONIA
Performance
| JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC | YTD | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 0.8 | 0.9 | 0.4 | 0.5 | 0.6 | 0.8 | 0.4 | 0.9 | 0.6 | 0.9 | 0.1 | 0.7 | 0.1 | |
| 2020 | 0.7 | 0.1 | 0.8 | 0.5 | 0.8 | 0.3 | 0.1 | 0.1 | 0.6 | 0.5 | 0.2 | 0.6 | 1.0 |
