Strategies

Sustainable Equities

Sycomore European Recovery

Damien Mariette

Damien Mariette

Portfolio Manager
Anne-Claire Imperiale

Anne-Claire Imperiale

Deputy-head of ESG research

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.




The management team can change without notice.

Select a share class

Sycomore European Recovery A

250.77 €
24.09.2020
  • 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.

PUBLICATIONS FOR DOWNLOAD

    FUND TRACK RECORD

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

    Data as of

    24.09.2020
    Performances
     FundIndex
    September 2020-0.94%-3.42%
    2020-24.45%-14.08%
    1 year-18.02%-8.65%
    3 years-34.62%-3.85%
    5 years-16.00%19.12%
    Inception25.39%69.22%
    Annualised1.45%3.40%
    Statistics
     3 yearsInception
    Correlation0.920.95
    Beta0.961
    Alpha-13.2%-1.9%
    Volatility21%23.4%
    Index volatility20.3%22.3%
    Tracking Error8.3%7.2%
    Sharpe Ratio-0.560.02
    Info. Ratio-1.51-0.3
    Max Drawdown-52.5%-61.6%
    Index Drawdown-38.2%-58.6%
    Calendar year returns
     FundIndex
    201919.11%28.2%
    2018-26.95%-12.03%
    201714.83%9.15%
    20160.76%3.72%

    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

    268.53 €
    24.09.2020
    • 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.

    PUBLICATIONS FOR DOWNLOAD

      FUND TRACK RECORD

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

      Data as of

      24.09.2020
      Performances
       FundIndex
      September 2020-0.90%-3.42%
      2020-24.17%-14.08%
      1 year-17.61%-8.65%
      3 years-33.64%-3.85%
      5 years-13.98%19.12%
      Inception34.27%69.22%
      Annualised1.89%3.40%
      Statistics
       3 yearsInception
      Correlation0.920.95
      Beta0.961
      Alpha-12.7%-1.4%
      Volatility21%23.4%
      Index volatility20.3%22.3%
      Tracking Error8.3%7.2%
      Sharpe Ratio-0.540.04
      Info. Ratio-1.46-0.24
      Max Drawdown-51.9%-61.2%
      Index Drawdown-38.2%-58.6%
      Calendar year returns
       FundIndex
      201919.72%28.2%
      2018-26.58%-12.03%
      201715.29%9.15%
      20161.26%3.72%

      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 R

      232.58 €
      24.09.2020
      • 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.

      PUBLICATIONS FOR DOWNLOAD

        FUND TRACK RECORD

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

        Data as of

        24.09.2020
        Performances
         FundIndex
        September 2020-0.97%-3.42%
        2020-24.72%-14.08%
        1 year-18.43%-8.65%
        3 years-35.58%-3.85%
        5 years-17.95%19.12%
        Inception16.29%69.22%
        Annualised0.96%3.40%
        Statistics
         3 yearsInception
        Correlation0.920.95
        Beta0.961
        Alpha-13.6%-2.3%
        Volatility21%23.4%
        Index volatility20.3%22.3%
        Tracking Error8.3%7.2%
        Sharpe Ratio-0.580
        Info. Ratio-1.56-0.37
        Max Drawdown-53%-61.8%
        Index Drawdown-38.2%-58.6%
        Calendar year returns
         FundIndex
        201918.53%28.2%
        2018-27.31%-12.03%
        201714.37%9.15%
        20160.26%3.72%

        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