SFS Sycomore Europe Eco Solutions
- SFDR
-
Art.91
-
Sustainable Inv. Exposure
-
100%A
- SRI risk profile
-
4
- NAV as of 12.04.2024
- € 157.95
- YTD performance
- - 3.48 %
A European selection of companies supporting the environmental transition
Sycomore Europe Eco Solutions invests in listed European companies across the entire market capitalisation spectrum. The fund focuses on companies with business models that support the environmental transition according to the Net Environmental Contribution (NEC) metric, covering a wide range of areas: renewable energy, energy efficiency and electrification, mobility, natural resources, renovation and construction, circular economy, food, and ecosystem services. The fund excludes businesses that destroy biodiversity, contribute towards global warming, or display poor Environmental, Societal and Governance ratings.
- Asset class
- Equities
- Region
- Europe / Eurozone
- Market capitalisation size
- All caps
- SRI labels
- Yes
- ISIN code
- LU1183791281
- Legal form
- Sub-fund of Sycomore Fund Sicav
- Inception date
- August 31, 2015
- Benchmark
- MSCI Europe Net Total Return EUR Index
- Investment horizon
- 5 years
- Risk of capital loss
- Yes
Track record
Reassuring inflation readings in the US, followed by the rather more dovish tone used in the Fed’s latest meeting and the early signs of reopening in China, led to a sharp market rebound. In particular, easing energy prices accelerated the rebound for companies most exposed to energy spending, such as raw materials players (Befesa, Aurubis, AMG and MP Materials). Finally, the fund benefited from the robust performance delivered by Infineon (record year in 2022 suggesting a strong improvement for mid-term objectives). The COP27 failed to meet expectations on emission reductions and the exit from fossil fuels but did reiterate the 1.5°C target and agreed on a support fund to help developing countries recover from climate-related disasters.
Anne-Claire Abadie
Alban Préaubert
Performance as of 12.04.2024
Characteristics
Classification
- Capitalisation
- Capitalisation
- Fund currency
- Euro
- UCITS V
- Yes
- PEA Eligibility
- Yes
Subscriptions & redemptions
- Trades
- Daily
- NAV frequency
- Daily
- Centralising agent
- BNPP Securities Services Luxembourg
- Settlement
- T+2
Management fees
- Fixed fees
- 1%
- Performance fees
- 15% above the benchmark
- Subscription fees
- 7% maximum
- Redemption fees
- nil
- Transaction fees
- nil