ALESSIA ABSOLUTE RETURN MACRO Class I (Institutional)

Steady growth with attention to capital protection

Strategy: Global Macro Multi Asset
Style: Discretionary

Risk level / SRRI: 1 2 3 4 5 6 7

Suggested minimum investment horizon: 2 years

Objectives and strategies of the fund

Alessia Absolute Return Macro is an absolute return fund with low volatility. Managers allocate, on a global basis, the capital available through a discretionary process based on macro-economic research aimed at the existing imbalances in the prices of shares, government bonds, corporate debt securities or financial, in exchange rates and related derivatives. For the equity exposure in the investment index is preferred investing in individual stocks. Derivatives, traded on regulated exchanges, are used both for hedging purposes and for obtaining greater returns through the establishment of long and short positions in different financial assets. The fund may invest up to 10% in other UCITS. The investment is appropriate for those seeking protection from excessive market volatility and a stable long-term appreciation of their capital. Managers take care of both the overall risk that the specific risks of the investments made. However, there is no guarantee that investors will recover the capital invested.

Manager Comment

15 June - Message from the FED: " We don't care about recent inflation data and we aim to normalize monetary policies at a good pace to get to positive real interest rates and then we see who is right. We are tired to wait for fiscal policies decisions"