Strategies

Credit Crossover SRI

Sycomore Sélection Crédit

Stanislas de Bailliencourt

Stanislas de Bailliencourt

Portfolio Manager
Emmanuel de Sinety

Emmanuel de Sinety

Portfolio Manager

Sycomore Sélection Crédit seeks to identify the best opportunities available in the primary and secondary credit markets by investing in bonds issued by European companies, with no rating constraints (Investment Grade, High Yield and non-rated) and across the market capitalisation spectrum. The selection aims to combine attractive returns and regular performance through the active management of the fund’s modified duration. Eligible bonds are selected based on proprietary ESG analysis (Environment, Social and Governance) applied to the investment universe. The fund focuses on non-financial issuers (financials limited to 10%).

ISR label

Sycomore Sélection Crédit I

128.65 €
24.09.2018
  • ISIN Code FR0011288489
  • BLOOMBERG TICKER SYCSCRI FP Equity
  • RANGE POSITIONING SRI Corporate Credit (All ratings)
  • AMF CLASSIFICATION Bonds and other debt securities denominated in Euro
  • LEGAL STRUCTURE French law FCP
  • INCEPTION 2012-08-31
  • BENCHMARK Barclays Capital Euro Corporate ex-Financials
  • 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

    24.09.2018
    Performances
     FundIndex
    September 2018-0.02%-0.45%
    2018-0.16%-0.59%
    1 year0.27%0.02%
    3 years11.13%7.28%
    5 years23.49%15.72%
    Inception28.65%17.33%
    Annualised4.44%2.79%
    Statistics
     3 yearsInception
    Correlation-0.47
    Beta-0.39
    Alpha-3.8%
    Volatility-0.02
    Vol. bench.-0.02
    Tracking Error-2.3%
    Sharpe Ratio-2.69
    Info. Ratio-0.78
    Max Drawdown--5.8%
    Drawdown bench.--0.04
    Calendar year returns
     FundIndex
    20165.84%5.41%
    20151.66%-1.25%
    20147.51%8.95%
    20136.24%1.73%

    Characteristics

    Classification

    • Capitalisation
    • Fund currency: Euro
    • UCITS V: Yes
    • PEA Eligibility: No

    Subscriptions / Redemptions

    • Trades: Daily
    • NAV frequency: Daily
    • Centralising agent: BNPP Securities Services
    • Settlement: T+3

    Management fees

    • Fixed fees: 0.6%
    • Performance fees:
      10% above benchmark
    • Subscription fees: 7% maximum
    • Redemption fees: nil
    • Transaction fees: nil

    Sycomore Sélection Crédit ID

    108.65 €
    24.09.2018
    • ISIN Code FR0011288505
    • BLOOMBERG TICKER SYCSCRD FP Equity
    • RANGE POSITIONING SRI Corporate Credit (All ratings)
    • AMF CLASSIFICATION Bonds and other debt securities denominated in Euro
    • LEGAL STRUCTURE French law FCP
    • INCEPTION 2012-08-31
    • BENCHMARK Barclays Capital Euro Corporate ex-Financials
    • 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

      24.09.2018
      Performances
       FundIndex
      September 2018-0.03%-0.45%
      2018-2.91%-0.59%
      1 year-2.49%0.02%
      3 years7.96%7.28%
      5 years20.02%15.72%
      Inception25.04%17.33%
      Annualised3.92%2.79%
      Statistics
       3 yearsInception
      Correlation-0.47
      Beta-0.39
      Alpha-3.8%
      Volatility-0.02
      Vol. bench.-0.02
      Tracking Error-2.3%
      Sharpe Ratio-2.69
      Info. Ratio-0.78
      Max Drawdown--5.8%
      Drawdown bench.--0.04
      Calendar year returns
       FundIndex
      20165.73%5.41%
      20151.68%-1.25%
      20147.54%8.95%
      20136.24%1.73%

      Characteristics

      Classification

      • Distribution &/or capitalisation
      • Fund currency: Euro
      • UCITS V: Yes
      • PEA Eligibility: No

      Subscriptions / Redemptions

      • Trades: Daily
      • NAV frequency: Daily
      • Centralising agent: BNPP Securities Services
      • Settlement: T+3

      Management fees

      • Fixed fees: 0.6%
      • Performance fees:
        10% above benchmark
      • Subscription fees: 7% maximum
      • Redemption fees: nil
      • Transaction fees: nil

      Sycomore Sélection Crédit R

      124.69 €
      24.09.2018
      • ISIN Code FR0011288513
      • BLOOMBERG TICKER SYCSCRR FP Equity
      • RANGE POSITIONING SRI Corporate Credit (All ratings)
      • AMF CLASSIFICATION Bonds and other debt securities denominated in Euro
      • LEGAL STRUCTURE French law FCP
      • INCEPTION 2012-08-31
      • BENCHMARK Barclays Capital Euro Corporate ex-Financials
      • 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

        24.09.2018
        Performances
         FundIndex
        September 2018-0.02%-0.45%
        2018-0.55%-0.59%
        1 year-0.26%0.02%
        3 years9.43%7.28%
        5 years20.21%15.72%
        Inception24.69%17.33%
        Annualised3.87%2.79%
        Statistics
         3 yearsInception
        Correlation-0.47
        Beta-0.39
        Alpha-3.3%
        Volatility-0.02
        Vol. bench.-0.02
        Tracking Error-2.3%
        Sharpe Ratio-2.4
        Info. Ratio-0.53
        Max Drawdown--6.3%
        Drawdown bench.--0.04
        Calendar year returns
         FundIndex
        20165.33%5.41%
        20151.11%-1.25%
        20146.86%8.95%
        20135.66%1.73%

        Characteristics

        Classification

        • Capitalisation
        • Fund currency: Euro
        • UCITS V: Yes
        • PEA Eligibility: No

        Subscriptions / Redemptions

        • Trades: Daily
        • NAV frequency: Daily
        • Centralising agent: BNPP Securities Services
        • Settlement: T+3

        Management fees

        • Fixed fees: 1.2%
        • Performance fees:
          10% above benchmark
        • Subscription fees: 3% maximum
        • Redemption fees: nil
        • Transaction fees: nil

        Sycomore Sélection Crédit R USD

        116.68 $
        24.09.2018
        • ISIN Code FR0012950574
        • RANGE POSITIONING SRI Corporate Credit (All ratings)
        • AMF CLASSIFICATION Bonds and other debt securities denominated in Euro
        • LEGAL STRUCTURE French law FCP
        • INCEPTION 2015-11-05
        • BENCHMARK Barclays Capital Euro Corporate ex-Financials
        • 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

          24.09.2018
          Performances
           FundIndex
          September 20181.31%-0.45%
          2018-2.34%-0.59%
          1 year-1.73%0.02%
          Inception16.68%6.73%
          Annualised5.49%2.28%

          Characteristics

          Classification

          • Capitalisation
          • Fund currency: Euro
          • UCITS V: Yes
          • PEA Eligibility: No

          Subscriptions / Redemptions

          • Trades: Daily
          • NAV frequency: Daily
          • Centralising agent: BNPP Securities Services
          • Settlement: T+3

          Management fees

          • Fixed fees: 1.2%
          • Performance fees:
            10% above benchmark
          • Subscription fees: 3% maximum
          • Redemption fees: nil
          • Transaction fees: nil