Strategies

Flexible Strategies

Sycomore L/S Market Neutral

Olivier Mollé

Olivier Mollé

Portfolio Manager
Gilles Sitbon

Gilles Sitbon

Portfolio Manager

Sycomore L/S Market Neutral aims to deliver average annual returns in excess of the Eonia capitalised index. The fund invests in European equities using an absolute return strategy.
The portfolio includes long positions and hedging strategies using futures on indices and individual stocks. Exposure to equities has ranged between -10% and +10% (market neutral) since November 21st 2008.

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Sycomore L/S Market Neutral I

103.02 €
13.12.2018
  • ISIN Code FR0010473876
  • BLOOMBERG TICKER SYCPATI FP Equity
  • RANGE POSITIONING Long/Short Market Neutral
  • LEGAL STRUCTURE French law FCP
  • INCEPTION 2007-06-29
  • BENCHMARK Eonia Capitalisé
  • INVESTMENT HORIZON 2 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

    13.12.2018
    Performances
     FundIndex
    December 2018-1.25%-0.01%
    2018-4.75%-0.35%
    1 year-5.03%-0.36%
    3 years-3.17%-1.04%
    5 years-2.47%-1.03%
    Inception8.13%1.62%
    Annualised0.78%0.16%
    Statistics
     3 yearsInception
    Correlation0.390.25
    Beta0.090.04
    Alpha-1.2%1%
    Volatility0.020.03
    Vol. bench.0.10.21
    Sharpe Ratio0.380.37
    Max Drawdown-2.5%-6.1%
    Drawdown bench.-0.05-0.31
    Recovery Period-6 m¹
    Rec. Period bench.1 m¹20 m¹
    Calendar year returns
     FundIndex
    20161.93%-0.32%
    20155.09%-0.11%
    2014-3.05%0.1%
    20131.5%0.09%
    20123.29%0.24%
    20112.61%0.88%
    2010-0.78%0.44%
    20092.22%0.72%

    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: 0.6%
    • Performance fees:
      20% above Eonia Capitalised with High Water Mark
    • Subscription fees: 7% maximum
    • Redemption fees: nil
    • Transaction fees: nil

    Sycomore L/S Market Neutral R

    96.89 €
    13.12.2018
    • ISIN Code FR0010231175
    • BLOOMBERG TICKER SYCPATP FP Equity
    • RANGE POSITIONING Long/Short Market Neutral
    • LEGAL STRUCTURE French law FCP
    • INCEPTION 2005-09-15
    • BENCHMARK Eonia Capitalisé
    • INVESTMENT HORIZON 2 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

      13.12.2018
      Performances
       FundIndex
      December 2018-1.27%-0.01%
      2018-5.30%-0.35%
      1 year-5.60%-0.36%
      3 years-4.73%-1.04%
      5 years-4.97%-1.03%
      Inception2.50%1.62%
      Annualised0.25%0.16%
      Statistics
       3 yearsInception
      Correlation0.380.25
      Beta0.090.04
      Alpha-1.8%0.4%
      Volatility0.020.03
      Vol. bench.0.10.21
      Sharpe Ratio0.130.21
      Max Drawdown-2.6%-6.7%
      Drawdown bench.-0.05-0.31
      Recovery Period-5 m¹
      Rec. Period bench.1 m¹20 m¹
      Calendar year returns
       FundIndex
      20161.43%-0.32%
      20154.65%-0.11%
      2014-3.58%0.1%
      20130.99%0.09%
      20122.84%0.24%
      20112.06%0.88%
      2010-1.4%0.44%
      20091.6%0.72%

      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: 1.2%
      • Performance fees:
        20% above Eonia Capitalised with High Water Mark
      • Subscription fees: 5% maximum
      • Redemption fees: nil
      • Transaction fees: nil