Sycomore Sélection Responsable (Luxembourg)
- SFDR
-
Art.81
-
Sustainable Inv. Exposure
-
min. 70%
- SRI risk profile
-
4
- NAV as of 10.07.2024
- € 146.82
- YTD performance
- +13.41 %
Sycomore Sélection Responsable aims to deliver long-term returns in excess of those of the Euro Stoxx TR index by selecting quality companies that create sustainable value for all their stakeholders and present a discount to their intrinsic valuation. This conviction-based portfolio, unconstrained with respect to style, sector, country or market capitalization, is built on an in-depth fundamental analysis of companies, in particular on extra-financial issues (ESG), allowing a better assessment of risks and the identification of the most attractive long-term opportunities.
- Asset class
- Equities
- Region
- Europe / Eurozone
- Market capitalisation size
- Large caps
- SRI labels
- Yes
- ISIN code
- LU1440644455
- Legal form
- Sub-fund of Sycomore Fund Sicav
- Inception date
- September 8, 2016
- Investment horizon
- 5 years
- Risk of capital loss
- Yes
Track record
European markets continued to rally in November as inflation began to decelerate in the United States, raising hopes in terms of monetary policy. Furthermore, companies reported rather strong earnings for the third quarter. In this bullish environment, the fund’s exposure to healthcare and staple consumer goods - sectors that benefited less than others from the rebound - weighed on the fund’s relative performance. Leading detractors included high-growth stocks such as Danish company Abello – after reporting weaker than expected sales for its anti-allergy tablets in Q3, or Dutch company Alfen - likely to experience a slowdown in the growth for EV charging stations in coming months. While both were heavily penalized by the market, we remain confident in these groups’ future growth capacities.
Cyril Charlot
Olivier Cassé
Giulia Culot
Performance as of 10.07.2024
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
- Settlement
- T+2
Management fees
- Fixed fees
- 2%
- Performance fees
- nil
- Subscription fees
- 3% maximum
- Redemption fees
- nil