Strategies

Sustainable Equities

Sycomore European Recovery

Thomas Dhainaut

Thomas Dhainaut

Portfolio Manager
Cyril Charlot

Cyril Charlot

Founding Partner & Co-Head of Portfolio Management

Sycomore European Recovery focuses on companies trading at a heavy discount, operational recovery stories, and special situations. The fund seeks to generate returns in excess of the Euro Stoxx 50 TR index over the long-term. The investment universe mostly includes European large caps, with no sector or market capitalisation constraints.

Select a share class

Sycomore European Recovery A

379.84 €
24.04.2018
  • ISIN Code FR0010183335
  • BLOOMBERG TICKER SYCLGCA FP Equity
  • RANGE POSITIONING Continental Europe Large caps
  • AMF CLASSIFICATION Eurozone equities
  • LEGAL STRUCTURE French law FCP
  • INCEPTION 2005-04-12
  • BENCHMARK EURO STOXX 50 TR
  • INVESTMENT HORIZON 5 years

Risk level

Lower risk can mean lower potential returnsLow1234567HighHigher risk can mean higher potential returns
The synthetic risk and reward indicator (SRRI) - definitionClose the The synthetic risk and reward indicator (SRRI) - definition

The synthetic risk and reward indicator (SRRI) - definition

The synthetic risk and reward indicator (SRRI) is calculated in compliance with the regulatory requirements applicable to mutual funds that meet the European UCITS IV standards. The synthetic risk and reward indicator is based on the volatility of the fund’s historical weekly performances. It provides an indication on the volatility of historical returns and a general insight into the mutual fund’s risk profile. Grade 1 corresponds to the lowest risk and Grade 7 to the highest. Note however that the lowest risk category (1) does not mean the fund is risk-free. The risk category that is awarded to a fund offers no guarantees and may change over time.

FUND TRACK RECORD

TR: Total Return
NR: Dividends reinvested
Past performance does not guarantee future returns

Data as of

24.04.2018
Performances
 FundIndex
April 20183.59%4.73%
2018-0.42%0.75%
1 year4.26%0.61%
3 years8.57%2.27%
5 years69.53%48.67%
Inception89.92%75.93%
Annualised4.93%4.33%
Statistics
 3 yearsInception
Correlation0.950.96
Beta0.921
Alpha4.1%0.8%
Volatility0.190.24
Vol. bench.0.20.22
Tracking Error6.4%6.8%
Sharpe Ratio0.530.17
Info. Ratio0.620.09
Max Drawdown-27.7%-61.6%
Drawdown bench.-0.28-0.59
Calendar year returns
 FundIndex
20160.76%3.72%
201516.59%6.42%
2014-0.1%4.01%
201330.68%21.51%
201229.83%18.06%
2011-22.36%-14.1%
20100.68%-2.81%
200924.11%25.65%
2008-46.87%-42.4%
20075.88%9.59%
200621.82%18.05%
200525.95%24.3%

Characteristics

Classification

  • Capitalisation
  • Fund currency: Euro
  • UCITS V: Yes
  • PEA Eligibility: Yes

Subscriptions / Redemptions

  • Trades: Daily
  • NAV frequency: Daily
  • Centralising agent: BNPP Securities Services
  • Settlement: T+2

Management fees

  • Fixed fees: 1.5%
  • Performance fees:
    20% above benchmark
  • Subscription fees: 5% maximum
  • Redemption fees: nil
  • Transaction fees: nil

Sycomore European Recovery I

401.82 €
24.04.2018
  • ISIN Code FR0010148015
  • BLOOMBERG TICKER SYCLGCP FP Equity
  • RANGE POSITIONING Continental Europe Large caps
  • AMF CLASSIFICATION Eurozone equities
  • LEGAL STRUCTURE French law FCP
  • INCEPTION 2004-12-30
  • BENCHMARK EURO STOXX 50 TR
  • INVESTMENT HORIZON 5 years

Risk level

Lower risk can mean lower potential returnsLow1234567HighHigher risk can mean higher potential returns
The synthetic risk and reward indicator (SRRI) - definitionClose the The synthetic risk and reward indicator (SRRI) - definition

The synthetic risk and reward indicator (SRRI) - definition

The synthetic risk and reward indicator (SRRI) is calculated in compliance with the regulatory requirements applicable to mutual funds that meet the European UCITS IV standards. The synthetic risk and reward indicator is based on the volatility of the fund’s historical weekly performances. It provides an indication on the volatility of historical returns and a general insight into the mutual fund’s risk profile. Grade 1 corresponds to the lowest risk and Grade 7 to the highest. Note however that the lowest risk category (1) does not mean the fund is risk-free. The risk category that is awarded to a fund offers no guarantees and may change over time.

FUND TRACK RECORD

TR: Total Return
NR: Dividends reinvested
Past performance does not guarantee future returns

Data as of

24.04.2018
Performances
 FundIndex
April 20183.64%4.73%
2018-0.26%0.75%
1 year4.71%0.61%
3 years10.05%2.27%
5 years73.31%48.67%
Inception100.91%75.93%
Annualised5.38%4.33%
Statistics
 3 yearsInception
Correlation0.950.96
Beta0.921
Alpha4.6%1.2%
Volatility0.190.24
Vol. bench.0.20.22
Tracking Error6.4%6.8%
Sharpe Ratio0.550.19
Info. Ratio0.70.15
Max Drawdown-27.4%-61.2%
Drawdown bench.-0.28-0.59
Calendar year returns
 FundIndex
20161.26%3.72%
201517.08%6.42%
20140.35%4.01%
201331.21%21.51%
201230.31%18.06%
2011-22%-14.1%
20101.06%-2.81%
200924.72%25.65%
2008-46.51%-42.4%
20076.31%9.59%
200622.2%18.05%
200526.26%24.3%

Characteristics

Classification

  • Capitalisation
  • Fund currency: Euro
  • UCITS IV: Yes
  • PEA Eligibility: Yes

Subscriptions / Redemptions

  • Trades: Daily
  • NAV frequency: Daily
  • Centralising agent: BNPP Securities Services
  • Settlement: T+2

Management fees

  • Fixed management fee: 1%
  • Outperformance fee:
    20% above the fund benchmark
  • Entry fee: 7% maximum
  • Exit fee: n/a
  • Movement fee: n/a

Sycomore European Recovery ID

397.66 €
24.04.2018
  • ISIN Code FR0012758712
  • BLOOMBERG TICKER SYCERCD FP Equity
  • RANGE POSITIONING Continental Europe Large caps
  • AMF CLASSIFICATION Eurozone equities
  • LEGAL STRUCTURE French law FCP
  • INCEPTION 2015-06-08
  • BENCHMARK EURO STOXX 50 TR
  • INVESTMENT HORIZON 5 years

Risk level

Lower risk can mean lower potential returnsLow1234567HighHigher risk can mean higher potential returns
The synthetic risk and reward indicator (SRRI) - definitionClose the The synthetic risk and reward indicator (SRRI) - definition

The synthetic risk and reward indicator (SRRI) - definition

The synthetic risk and reward indicator (SRRI) is calculated in compliance with the regulatory requirements applicable to mutual funds that meet the European UCITS IV standards. The synthetic risk and reward indicator is based on the volatility of the fund’s historical weekly performances. It provides an indication on the volatility of historical returns and a general insight into the mutual fund’s risk profile. Grade 1 corresponds to the lowest risk and Grade 7 to the highest. Note however that the lowest risk category (1) does not mean the fund is risk-free. The risk category that is awarded to a fund offers no guarantees and may change over time.

FUND TRACK RECORD

TR: Total Return
NR: Dividends reinvested
Past performance does not guarantee future returns

Data as of

24.04.2018
Performances
 FundIndex
April 20183.64%4.73%
2018-0.26%0.75%
1 year4.70%0.61%
3 years10.80%2.27%
5 years74.50%48.67%
Inception102.28%75.93%
Annualised5.43%4.33%
Statistics
 3 yearsInception
Correlation0.950.96
Beta0.921
Alpha4.8%1.3%
Volatility0.190.24
Vol. bench.0.20.22
Tracking Error6%6.8%
Sharpe Ratio0.570.19
Info. Ratio0.780.16
Max Drawdown-26.5%-61.2%
Drawdown bench.-0.28-0.59
Calendar year returns
 FundIndex
20162.06%3.72%
201516.96%6.42%
20140.35%4.01%
201331.21%21.51%
201230.31%18.06%
2011-22%-14.1%
20101.06%-2.81%
200924.72%25.65%
2008-46.51%-42.4%
20076.31%9.59%
200622.2%18.05%
200526.26%24.3%

Characteristics

Classification

  • Distribution &/or capitalisation
  • Fund currency: Euro
  • UCITS V: Yes
  • PEA Eligibility: Yes

Subscriptions / Redemptions

  • Trades: Daily
  • NAV frequency: Daily
  • Centralising agent: BNPP Securities Services
  • Settlement: T+2

Management fees

  • Fixed fees: 1%
  • Performance fees:
    20% above benchmark
  • Subscription fees: 7% maximum
  • Redemption fees: nil
  • Transaction fees: nil

Sycomore European Recovery R

356.55 €
24.04.2018
  • ISIN Code FR0010183343
  • BLOOMBERG TICKER SYCLGCR FP Equity
  • RANGE POSITIONING Continental Europe Large caps
  • AMF CLASSIFICATION Eurozone equities
  • LEGAL STRUCTURE French law FCP
  • INCEPTION 2005-04-12
  • BENCHMARK EURO STOXX 50 TR
  • INVESTMENT HORIZON 5 years

Risk level

Lower risk can mean lower potential returnsLow1234567HighHigher risk can mean higher potential returns
The synthetic risk and reward indicator (SRRI) - definitionClose the The synthetic risk and reward indicator (SRRI) - definition

The synthetic risk and reward indicator (SRRI) - definition

The synthetic risk and reward indicator (SRRI) is calculated in compliance with the regulatory requirements applicable to mutual funds that meet the European UCITS IV standards. The synthetic risk and reward indicator is based on the volatility of the fund’s historical weekly performances. It provides an indication on the volatility of historical returns and a general insight into the mutual fund’s risk profile. Grade 1 corresponds to the lowest risk and Grade 7 to the highest. Note however that the lowest risk category (1) does not mean the fund is risk-free. The risk category that is awarded to a fund offers no guarantees and may change over time.

FUND TRACK RECORD

TR: Total Return
NR: Dividends reinvested
Past performance does not guarantee future returns

Data as of

24.04.2018
Performances
 FundIndex
April 20183.56%4.73%
2018-0.58%0.75%
1 year3.81%0.61%
3 years7.14%2.27%
5 years65.77%48.67%
Inception78.28%75.93%
Annualised4.44%4.33%
Statistics
 3 yearsInception
Correlation0.950.96
Beta0.921
Alpha3.7%0.3%
Volatility0.190.24
Vol. bench.0.20.22
Tracking Error6.4%6.9%
Sharpe Ratio0.50.15
Info. Ratio0.550.02
Max Drawdown-27.9%-61.8%
Drawdown bench.-0.28-0.59
Calendar year returns
 FundIndex
20160.26%3.72%
201516.16%6.42%
2014-0.99%4.01%
201330.23%21.51%
201229.36%18.06%
2011-22.8%-14.1%
20100.28%-2.81%
200923.67%25.65%
2008-47.06%-42.4%
20075.3%9.59%
200621.05%18.05%
200525.44%24.3%

Characteristics

Classification

  • Capitalisation
  • Fund currency: Euro
  • UCITS V: Yes
  • PEA Eligibility: Yes

Subscriptions / Redemptions

  • Trades: Daily
  • NAV frequency: Daily
  • Centralising agent: BNPP Securities Services
  • Settlement: T+2

Management fees

  • Fixed fees: 2%
  • Performance fees:
    20% above benchmark
  • Subscription fees: 3% maximum
  • Redemption fees: nil
  • Transaction fees: nil