SFS Sycomore Next Generation
![ISR](https://sycomore-am.com/storage/thumbnails/data/FundLabel/1/-96_q-90/isr.png?1701166349)
- SFDR
-
Art.81
-
Sustainable Inv. Exposure
-
min. 25%
- SRI risk profile
-
3
- NAV as of 07.25.2024
- € 110.14
- YTD performance
- +3.05 %
![SFS Sycomore Next Generation](https://sycomore-am.com/storage/thumbnails/data/Fund/38/1024-_q-90/sycomore-v3-b-2.png?1701171109)
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
![Stanislas de Bailliencourt](https://sycomore-am.com/storage/thumbnails/data/TeamMember/6/1024-_72872d96976c52fc81a71e4076420b56_q-90/790A5838copieOP.jpg?1701166572)
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](https://sycomore-am.com/storage/thumbnails/data/TeamMember/68/1024-_d8ef0d4f595d51a5e73dde537c8fb94c_q-90/790A6368OP3.jpg?1701166477)
Alexandre Taieb
![Ariane Hivert](https://sycomore-am.com/storage/thumbnails/data/TeamMember/110/1024-_e0270dacc9d236f868b9ced87af3ec2e_q-90/790A1482OP2.jpg?1701168951)
Ariane Hivert
Performance as of 07.25.2024
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