Investment Objective
The fund seeks to grow capital and generate income by investing via two sub-strategies: one is picking stocks on the European stock market and the second one is hedging the equity exposure linked to the first strategy. The second strategy is calibrated to neutralize completely (if no active bet is implemented, i.e. neutral stance) the ex-ante equity exposure of the first strategy, which translates into an equity market neutral exposure at the fund level.
Performance
| JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC | YTD | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 0.2 | 0.5 | 0.0 | 0.8 | 0.6 | 0.2 | 0.7 | 0.1 | 0.2 | 0.7 | 0.7 | 0.1 | 0.0 | |
| 2019 | 0.4 | 0.5 | 0.2 | 0.8 | 1.0 | 0.2 | 0.6 | 0.1 | 0.5 | 0.9 | 0.0 | 0.2 | 0.1 |
