Sycomore Sélection PME
- SFDR
-
Art.81
-
Sustainable Inv. Exposure
-
min. 50%
- SRI risk profile
-
4
- NAV as of 12.04.2024
- € 5,177.46
- YTD performance
- - 9.5 %
A responsible selection of SMEs
Sycomore Sélection PME seeks to deliver superior returns over a 5-year investment horizon by employing a socially responsible and multithemed investment process (energy transition, healthcare, nutrition, well-being, digital…) in keeping with the United Nations’ Sustainable Development Goals (SDGs). Primarily exposed to EU country equities, the fund specifically targets European SMEs that meet the PEA-PME scheme selection criteria, with no sector constraints. Our ESG exclusion and selection methodology is fully integrated into our corporate fundamental analysis framework.
- Asset class
- Equities
- Region
- Europe / Eurozone
- Market capitalisation size
- MidCaps
- SRI labels
- Yes
- ISIN code
- FR0011707488
- Legal form
- French law FCP
- Inception date
- January 27, 2014
- Benchmark
- EURO STOXX Total Market Small (Net Return) EUR
- Investment horizon
- 5 years
- Risk of capital loss
- Yes
Track record
The latest earnings season and encouraging macroeconomic signals enabled European stock markets to rebound in November. Technology stocks stood out, supported by declining bond yields. Within this sector, contributors to the fund’s performance included Adesso (developer of tailor-made software, focusing on the German market) after the company reported an acceleration in growth in Q3, and Soitec, which confirmed its resilience despite a gloomy smartphone market. The potential reopening in China was a positive factor for El.En, which is exposed to the market through its metal cutting business, and to a lesser degree for Befesa, as new production capacities are planned within the region. Finally, the Despature family, which currently controls 70% of Somfy’s capital (world leader in rolling shutter motorisation) offered €143 a share to minority investors, a 20% premium over the last market price.
Alban Préaubert
Hugo Mas
Performance as of 12.04.2024
Characteristics
Classification
- Capitalisation
- Capitalisation
- Fund currency
- Euro
- UCITS V
- Yes
- PEA Eligibility
- Yes
- PEA PME Eligibility
- Yes
Subscriptions & redemptions
- Trades
- Daily
- NAV frequency
- Daily
- Centralising agent
- BNPP Securities Services
- Settlement
- T+2
Management fees
- Fixed fees
- 2.4%
- Performance fees
- 15% above a 7% annual return with High Water Mark
- Subscription fees
- 3% maximum
- Redemption fees
- nil
- Transaction fees
- nil