SFS Sycomore Global Happy@Work

- SFDR
-
Art.91
-
Sustainable Inv. Exposure
-
100%A
- SRI risk profile
-
4
- NAV as of 11.30.2023
- $ 92.35
- YTD performance
- +22.66 %

A responsible selection of people-driven global companies
Sycomore Global Happy@Work invests in global companies that pay particular attention to the importance of human capital as a key performance driver. The fund seeks to contribute positively to the human capital issues highlighted in the United Nations’ Sustainable Development Goals. Stocks are selected on the basis of rigorous fundamental analysis combined with in-depth ESG research focusing on a company’s ability to promote employee fulfillment and engagement, using a proprietary assessment framework. The analysis draws from the experience and knowledge of field experts, human capital managers and employees. Fund managers also carry out on-site visits. The fund seeks to outperform the MSCI AC World index (NDEEWNR) over 5 years.
- Asset class
- Equities
- Region
- Global
- Market capitalisation size
- All caps
- SRI labels
- Yes
- ISIN code
- LU2413891545
- Legal form
- Sub-fund of Sycomore Fund Sicav
- Inception date
- December 17, 2021
- Benchmark
- MSCI ACWI Net Total Return EUR Index
- Investment horizon
- 5 years
- Risk of capital loss
- Yes
Track record

Cyril Charlot

The fund remained resilient, thanks to the positive contributions from the consumer discretionary, healthcare and industrial sectors. Hermès and LVMH rose due to their strong brand positioning and pricing power. Investors also hope that a partial relaxation of Chinese Covid restrictions in 2023 could benefit these companies. Straumann outperformed after its guidance upgrade. Deere jumped after delivering a strong quarter while US software stocks like ServiceNow and Salesforce dropped as the sector shows signs of weakness, although the mid-to-long term trend is solid. We increased our investment ratio across sectors as we observed several leading indicators pointing to a decline in inflation, which could bode well for many Happy@Work stocks that are temporarily penalized by rising interest rates.
Jessica Poon

Luca Fasan
Performance as of 11.30.2023
Characteristics
Classification
- Capitalisation
- Capitalisation
- Fund currency
- Euro
- UCITS V
- Yes
Subscriptions & redemptions
- Trades
- Daily
- NAV frequency
- Daily
- Centralising agent
- BNPP Securities Services Luxembourg
- Settlement
- D+2
Management fees
- Fixe fees
- 1%
- Performance fees
- 15% above benchmark
- Subscription fees
- 5% maximum
- Redemption fees
- nil
- Transaction fees
- nil