Eleva European Selection
CLASS R EUR
Long-only European equities fund managed by a specialised boutique. (soft closed since June 30th 2018)
The fund is aiming to achieve superior long-term risk adjusted returns thanks to conviction, active (active weight >80% and tracking error target of 6%) and non-index based investing, using a macroeconomic overlay to support sector positioning. Managed by Eric Bendahan, who has been awarded several times, this flexibly-managed fund is fully invested at all times and does not have a style bias. It is a major fund within its category thanks to its performance, its reputation and its size (over €3bn in assets under management).
CEO & Founder, Portfolio Manager
Partner & Deputy Portfolio Manager
Potentially lower rewards
Potentially higher rewards
Historical monthly returns (in %)
Figures based on month-end NAVs
Statistics (in %) as of 31 aug 2023
All figures based on month-end NAVs. Risk data calculated since inception.
|Fund type||Luxembourg SICAV – UCITS V|
|Income treatment||Accumulation / Distribution, according to classes|
|Launch date||26 Jan 2015|
|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||0.9% p.a. for classes R and I
1.5% p.a. for classes A1
2% p.a. for classes A2
|Performance fee||10% of outperformance to Stoxx 600 Europe TR (SXXR)|
|Min. initial investment||Classes R, A1 et A2 : None
Class I : EUR1 mio or equivalent
|Commercial fees (entry/exit)||By agreement: Max 3% entry / 0% exit|
|Custodian bank||HSBC France, Luxembourg Branch|
|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, SG|
ELEVA CAPITAL LATEST NEWS
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 ...
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 ...
INVITATION - March 14th 2023 Prosper invites you to meet in Geneva Eric Bendahan CEO & Founder of ELEVA Capital & Fund Manager of AGENDATuesday, March 14th Breakfast presentation8.00 : Coffee8.15 : Presentation9.15 : Q&A Lunch...
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