• Aiming to achieve an absolute return over the medium term through capital growth
  • Investing primarily in European equities and equity related securities on both a long and short basis
  • Differentiated and disciplined bottom up investment philosophy complemented by a macroeconomic overlay to support sector positioning
  • Flexible net exposure between -10% and +50% driven by fundamental idea generation and market volatility
  • Target 6-8% volatility and 8-10% expected return over a full market cycle
  • Investment team focus on four strategic themes which provide a strong base for long investment opportunities and three strategic themes to identify short opportunities

The Fund will invest in European equities and equity related securities selected by the Investment Manager. The Fund’s unit value is likely to fluctuate due to a variety of factors such as a change in the portfolio’s holdings, macroeconomic changes, political transformation and legal and tax legislation.

The main risks are detailed in the Fund's prospectus and listed below:

  • Equity Risk
  • Market Risk
  • Derivative Risk
  • Currency Risk
  • Counterparty Risk
  • Liquidity Risk
  • Performance and Capital Loss Risk
  • Synthetic Short Sales Risk


Performance

*Inception date of Fund is 30/12/2015
*Sources : Bloomberg

Performance (as of 28/09/2018)YTD1 Month3 Months6 Months9 Months1 YearSince Inception
Eleva Absolute Return Europe S EUR acc. 5.50% 1.72% 1.84% 5.50% 5.90% 9.00% 17.63%

Past performance is not a guarantee of future results and no assurance can be given that capital initially invested will be preserved



Literature