Eleva European Selection
LU1111643711
CLASS R EUR
100.00 17/11/2017
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).
Eric
Bendahan
CEO & Founder, Portfolio Manager
Armand Suchet
D’Albufera
Partner & Deputy Portfolio Manager
Potentially lower rewards
Potentially higher rewards
Performance
Historical monthly returns (in %)
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | YTD | |
2024 | 1.1 | 3.4 | 4.3 | -1.3 | 7.7 | ||||||||
2023 | 8.9 | 1.7 | -1.0 | 2.0 | -1.5 | 2.3 | 0.7 | -2.1 | -2.1 | -3.7 | 7.5 | 4.1 | 17.0 |
2022 | -5.1 | -3.4 | 1.6 | -0.3 | -2.4 | -7.0 | 7.3 | -5.3 | -6.0 | 5.9 | 7.3 | -2.5 | -10.8 |
2021 | -0.3 | 3.6 | 3.8 | 2.0 | 2.5 | 2.0 | 2.7 | 2.7 | -2.4 | 5.4 | -1.8 | 5.3 | 28.3 |
2020 | -1.8 | -7.2 | -16.7 | 9.3 | 5.0 | 3.9 | -0.8 | 4.8 | -0.5 | -4.9 | 12.6 | 2.8 | 3.1 |
2019 | 7.4 | 4.1 | 1.9 | 3.9 | -7.0 | 4.4 | 1.6 | -1.4 | 2.5 | 1.8 | 3.4 | 1.9 | 26.7 |
2018 | 3.4 | -3.8 | -2.7 | 3.6 | 1.5 | -0.9 | 2.1 | -2.4 | 2.4 | -6.6 | -2.9 | -5.8 | -12.0 |
2017 | 0.8 | 2.4 | 3.7 | 2.9 | 1.3 | -3.0 | 1.3 | -0.7 | 4.6 | 2.9 | -2.5 | 1.8 | 16.3 |
2016 | -8.4 | -3.5 | 2.3 | 0.2 | 3.5 | -7.1 | 4.5 | 0.4 | 0.9 | 0.8 | 0.8 | 6.0 | -0.7 |
2015 | -0.8* | 8.7 | 3.6 | 0.9 | 3.5 | -2.0 | 3.4 | -7.2 | -5.1 | 7.2 | 4.6 | -4.9 | 11.1 |
Figures based on month-end NAVs
Statistics (in %) as of 28 mar 2024
Performance | Risk | |||||||
1M | 3M | 6M | 1Y | 3Y | Since inception | Annualized volatility | Max DD | |
Fund | 4.3 | 9.2 | 17.6 | 16.6 | 36.4 | 115.6 | 15.4 | -24.1 |
All figures based on month-end NAVs. Risk data calculated since inception.
Information
Fund type | Luxembourg SICAV – UCITS V |
Income treatment | Accumulation / Distribution, according to classes |
Launch date | 26 Jan 2015 |
Base currency | EUR |
Available currencies | EUR, USD, GBP, CHF, SGD (hedged & unhedged) |
Manager | ELEVA Capital SAS www.elevacapital.com |
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 |
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, SG |
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