demo image

ALESSIA - ABSOLUTE RETURN MACRO Class T

Strategy:
Style:

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

?

Suggested minimum investment horizon:

ProspectusKIID

Latest monthly report
Objectives and strategies of the fund


Manager Comment

03 December 2018 - Things have improved compared to a month ago. President Trump has put in hold his trade war, mainly with China and Italian new government is coming back to reality due to the tough European Commission stance and to bad Growth results. The non approval of Brexit plan from the UK parliament would be a good news for European markets and Euro. The big question for European markets is if Q4 growth will pick up and how the economy will react to the of the QE. In theory there should be no real impact since markets are inundated by liquidity. The reinvestment of matured bonds and coupons in long maturity bonds will help to keep spread compressed comapred to the normal value.

Performances
Date NAV ∆NAV d-1 Ytd 1m 3m 1y Since inception (annualized)
12/12/2018 99.17 0.15% N/A -0.69% -0.34% N/A -1.53%

Characteristics
ISIN CodeLU1587249019
Bloomberg Code
Date first NAV28/05/2018
NAV frequencyDaily
Income distributionAccumulation
ISIN Listed ClassLU1238726654
CurrencyEUR
Commissions
Maximum subscription fees payable to distributors0%
Management fees1,75%
Redemption feesMax 4
Performance fees20% of the absolute performance with HWM non resettable
Distributor Service Fee1% p.a.
Risk indicators
Date 1 year volatility 3 years volatility
12-12-2018 N/A N/A
Legal Information

The information contained in this website is not an offer for subscription or investment advice. Past performance is not a reliable indicator of future results. Management fees are included in the performance. Investors may therefore be subject to partial or total loss of the capital invested, as mutual funds do not guarantee capital. Access to the products and services presented here can be bound to restrictions for certain persons or countries.

Tax treatment depends on the situation of each individual. The risks, the costs and the recommended duration of the investment for each UCI presented are described in the Key Investor Information Document (KIID, Key Investor Information Document) and in the prospectus available on this website. The KIID must be delivered to the subscriber prior to subscription.

The data are the result of internal elaboration Alessia unless otherwise indicated.

Alessia SICAV - The Absolute Return Company - VAT LU22621162 - R.C.S. Luxembourg N.B137597 - Legal notices - Regulatory Information - Privacy and cookies
Site created in partnership with Italia Multimedia - Creazione siti web Milano