Eleva Absolute Return Europe

Eleva Absolute Return Europe


100.00 17/11/2017


Absolute return approach by a multi-awarded European equity manager. (soft closed since September 30th 2019)

Fundamental and disciplined European stock-picking long/short fund complemented by a macroeconomic overlay to support sector positioning. The fund’s objective is to reach an absolute return of 8 to 10% on average p.a. through a market cycle, with a volatility of 4 to 7%. It is run by multi-awarded manager Eric Bendahan and his team, with a similar approach to that of the ELEVA European Selection fund (soft-closed). The short book, which is made up of equities and indices, acts as protection as well as performance-driver. The net exposure can vary between -10% and +50% driven by fundamental idea generation and market volatility.


CEO & Founder, Portfolio Manager

Armand Suchet

Partner & Deputy Portfolio Manager

Lower risk
Potentially lower rewards
Higher risk
Potentially higher rewards


Historical monthly returns (in %)

2015  -0.4*-0.4
*Since inception (December 30th 2015) to December 31st 2015.
Figures based on month-end NAVs

Statistics (in %) as of 28 jun 2024

Max DD
First NAV : 30dec2015 – NAV at inception : EUR 100.
All figures based on month-end NAVs. Risk data calculated since inception.
Past performance does not guarantee nor predict future performance.


Fund type Luxembourg SICAV – UCITS V
Income Treatment Accumulation / Distribution (according to classes)
Launch date 30 Dec 2015
Base currency EUR
Available currencies EUR, USD, GBP, CHF, SGD (hedged & unhedged)
Manager ELEVA Capital SAS
Quotation (NAV calculation) Daily (business days)
Administrator HSBC France, Luxembourg Branch
Subscription/Redemption Same day, cut-off 12:00 CET
Management fee 1% p.a. for classes R and I
2% p.a. for classes A1
Performance fee 20% p.a. (HHWM)
Min. initial investment Classes R and A1 : None
Class I : EUR1 mio or equivalent
Lock-up None
Commercial fees (entry/exit) By agreement : Max 3% entry / 0% exit
Custodian bank HSBC France, Luxembourg Branch
Auditors PWC (Luxembourg)
Swiss legal representative Société Générale Securities Services
Registration for distribution AT, BE, CH, DE, DK, ES, FI, FR, GB, IT, IS, LU, NL, NO, SE


ELEVA Leaders – Presentation – 6th February 2024

ELEVA Leaders – Presentation – 6th February 2024

INVITATION - February 6th 2024  Prosper invites you to meet in Geneva     Diane Bruno Co-Fund Manager of (with Ingrid Pfyffer-Edelfelt and Quentin Hoareau)AGENDATuesday, February 6th, 2024   Lunch presentation12.15 : Welcome drink12.30 : Presentation13.30 :...

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ELEVA Leaders – Presentation – 10th October 2023

ELEVA Leaders – Presentation – 10th October 2023

INVITATION - October 10th 2023  Prosper invites you to meet in Geneva       Ingrid Pfyffer-Edelfelt Co-Fund Manager (with Diane Bruno and Quentin Hoareau)  ofAGENDATuesday, October 10th, 2023 Breakfast presentation8.15 : Coffee8.30 : Presentation9.30 : Q&A  ...

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ELEVA Capital – Webinar – September 12th & 14th, 2023

ELEVA Capital – Webinar – September 12th & 14th, 2023

INVITATION - September 12th and 14th, 2023  Prosper invites shareholders of ELEVA European SelectionELEVA Euroland SelectionELEVA Absolute Return Europe to join us on a webinar hosted by   Eric Bendahan Founder, CEO of ELEVA Capital & Fund Manager           ...

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If you wish to meet a manager, get updates on a fund, don’t hesitate to attend Prosper’s events ("Les Rencontres Prosper"). You can now subscribe online.

Prosper Global Macro – Webinar – June 13th, 2024

Prosper Global Macro – Webinar – June 13th, 2024

INVITATION - June 13th, 2024AGENDAThursday, June 13th, 2024 Webinar hosted in EnglishGrowth, inflation, geopolitical tensions... Patrick Armstrong unveils his strategy and Prosper Global Macro fund positioning     Patrick  ArmstrongFund Manager ofProsper...

Prosper Stars & Stripes – Webinar – May 30th,2024

Prosper Stars & Stripes – Webinar – May 30th,2024

INVITATION - Thursday, May 30th 2024  Prosper invites you to join us on a webinar hosted by       Christopher Hillary Roubaix Capital CEO & Fund Manager of Prosper Stars & StripesAGENDAThursday, May 30th - 16:00 (CET)Webinar hosted in english    An...

TCW Global AI – Webinar – April 23rd, 2024

TCW Global AI – Webinar – April 23rd, 2024

INVITATION - Tuesday, April 23rd 2024AI impacts the real economy   Prosper invites you to discover   TCW Global Artificial Intelligence Sustainable Equity Fund (SFDR Art.9)AGENDATuesday, April 23rd - 4pm (CET) Webinar hosted in english     Hosted...

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