SFS Sycomore Next Generation
- SFDR
-
Art.81
-
Sustainable Inv. Exposure
-
min. 25%
- SRI risk profile
-
3
- NAV as of 12.04.2024
- € 113.98
- YTD performance
- +6.64 %
Sycomore Next Generation is a flexible, multi-asset SRI fund that combines Sycomore’s proven expertise in responsible stock and bond picking and international asset allocation, to achieve performance and diversification. The fund’s investment process draws from a thorough fundamental analysis, combined with the ESG analysis of companies and countries, with an additional macroeconomic overlay. Managed actively, the fund’s exposure to equities (0-50%) and fixed income (0-100%) - including corporate and sovereign debt - is designed to enhance its risk-return profile, to achieve steady capital growth. Employing a multi-themed SRI approach, the fund seeks to invest in companies addressing social, environmental, and technological challenges as highlighted by the United Nations’ Sustainable Development Goals, for the generations to come.
- Asset class
- Flexible
- Region
- Global
- Market capitalisation size
- All caps
- SRI labels
- Yes
- ISIN code
- LU1961857478
- Legal form
- Sub-fund of Sycomore Fund Sicav
- Inception date
- April 29, 2019
- Benchmark
- ESTR +2%
- 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 12.04.2024
Characteristics
Classification
- Distribution &/or capitalisation
- 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+2
Management fees
- Fixed fees
- 0.8%
- Performance fees
- 15% above benchmark.
- Subscription fees
- 7% maximum
- Redemption fees
- nil
- Transaction fees
- nil