Sycomore Allocation Patrimoine
- SFDR
-
Art.81
-
Sustainable Inv. Exposure
-
min. 25%
- SRI risk profile
-
3
- NAV as of 10.07.2024
- € 166.59
- YTD performance
- +4.73 %
Sycomore Allocation Patrimoine, is a feeder funds of Sycomore Next Generation, sub-funds of Sycomore Funds Sicav (Luxembourg). Sycomore Next Generation is a flexible, multi-asset SRI fund that combines Sycomore’s expertise in responsible stock and bond-picking with the team know how in international asset allocation, to achieve performance, diversification and sustainability. The strategy is based on a rigorous, structured investment process based on financial and extra-financial company and government analysis. An active management of the fund equity exposure (0-50%) and fixed income (0-100%) helps optimise the funds’ risk/return profile to aciheve capital growth.
- Asset class
- Flexible
- Region
- Europe / Eurozone
- Market capitalisation size
- All caps
- SRI labels
- Yes
- ISIN code
- FR0010474015
- Legal form
- French law FCP
- Inception date
- June 29, 2007
- Benchmark
- ESTR +2.8%
- Investment horizon
- 3 years
- Risk of capital loss
- Yes
Track record
After the Q3 earnings season confirmed the resilience of companies so far, equity markets enjoyed a sharp rebound, particularly in Europe. This rally was also fuelled by lower-than-expected inflation readings in the United States, which allowed the market to foresee a slowdown in the Fed’s monetary tightening cycle. The portfolio’s technology plays, such as ST Micro and SAP, rose sharply, while ASML has upped its guidance for the next 3 years. In previous months, we had strengthened financials (AXA, Allianz, BNP, SG) which had enjoyed strong runs on the back of robust earnings publications. Finally, the bond portfolio also made a significant contribution to the fund’s performance. We took our profits on the interest rate hedging instruments held by the fund.
Stanislas de Bailliencourt
Alexandre Taieb
Anaïs Cassagnes
Performance as of 10.07.2024
Characteristics
Classification
- Capitalisation
- Capitalisation
- Fund currency
- Euro
- UCITS V
- Yes
- PEA Eligibility
- No
Subscriptions & redemptions
- Trades
- Daily
- NAV frequency
- Daily
- Centralising agent
- BNPP Securities Services
- Settlement
- T+2
Management fees
- Fixed fees
- 0.6%
- Performance fees
- 15% above €STR Capitalised + 2.8% with High Water Mark
- Subscription fees
- 5% maximum
- Redemption fees
- nil
- Transaction fees
- nil