• Aiming to achieve superior long-term risk adjusted returns
  • Medium-term time horizon
  • Investing primarily in European equities and equity related securities
  • Conviction investing using bottom-up stock-picking with high active weight of 80%+ and tracking error target of 6%
  • Flexible, opportunistic, and pragmatic approach, with no sector/country bias and style/market cap agnostic
  • Using a macroeconomic overlay to support sector positioning
  • Investment team focus on four strategic themes which provide a strong base for investment opportunitie

The Fund will invest in European equities and equity related securities selected by the Investment Manager. The Fund’s unit value is likely to fluctuate due to a variety of factors such as a change in the portfolio’s holdings, macroeconomic changes, political transformation and legal and tax legislation.

The main risks are detailed in the Fund's prospectus and listed below:

  • Equity Risk
  • Market Risk
  • Currency Risk
  • Counterparty Risk
  • Liquidity Risk
  • Performance and Capital Loss Risk

 


Performance

*Inception date of Fund is 26/01/2015
*Sources : Bloomberg

Performance (31/08/2018) YTD1 Month3 Months6 Months1 Year2 YearsSince Inception
Eleva European Selection I EUR 0.65% -2.40% -1.21% 1.11% 7.54% 27.51% 29.85%
Stoxx Europe 600 NR 0.58% -2.14% -0.30% 2.85% 5.10% 17.50% 14.00%

Past performance is not a guarantee of future results and no assurance can be given that capital initially invested will be preserved. Reference to an Index is made for comparison purposes only.


Fund Data

Key Information (31/08/2018)
Fund Size 3,022 €(mn)
Benchmark STOXX Europe 600 Net Return EUR
Bloomberg ELVESIE LX
ISIN Class I LU1111643042
Legal Status SICAV - UCITS V
Country Luxembourg
Custodian Brown Brothers Harriman (Luxembourg) S.C.A

 

ISIN CodeClass NameCurrencyNavNav Date
LU1111643711 Eleva European Selection - Class R acc. EUR

127.29

10/09/2018
LU1111643042 Eleva European Selection - Class I acc. EUR

1281.14

10/09/2018
LU1111642663 Eleva European Selection - Class A1 acc. (hedged) CHF

123.36

10/09/2018
LU1111642580 Eleva European Selection - Class A1 acc. (hedged) USD

130.34

10/09/2018
LU1111642408 Eleva European Selection - Class A1 acc. EUR

126.61

10/09/2018
LU1111643802 Eleva European Selection - Class R acc. (hedged) GBP

119.71

10/09/2018
LU1148164426 Eleva European Selection - Class R acc. (hedged) CHF

109.8

10/09/2018
LU1111642820 Eleva European Selection - Class A2 acc. EUR

109.53

10/09/2018
LU1111643398 Eleva European Selection - Class I acc. (hedged) CHF

1067.57

10/09/2018
LU1111643125 Eleva European Selection - Class I acc. (hedged) USD

1242.27

10/09/2018
LU1111643638 Eleva European Selection - Class I dis. EUR

1038.01

10/09/2018
LU1543705286 Eleva European Selection - Class A1 dis. EUR

102.41

10/09/2018
LU1111643471 Eleva European Selection - Class I acc (hedged) GBP

1044.27

10/09/2018
LU1148156323 Eleva European Selection - Class R acc. (hedged) USD

108.73

10/09/2018
LU1716217044 Eleva European Selection - Class R dis. EUR

100.11

10/09/2018
LU1543705286 Eleva European Selection - Class A1 dis. EUR

102.41

10/09/2018
LU1111643471 Eleva European Selection - Class I acc. (hedged) GBP

1044.27

10/09/2018
LU1148156323 Eleva European Selection - Class R acc. (hedged) USD

108.73

10/09/2018


Literature