||Globersel Alkimis Equity Alpha Class I
||Luxembourg umbrella mutual fund
The Sub-Fund aims to achieve gradual capital appreciation commensurate with reasonable risk. In pursuing this objective, the Sub-Fund’s Manager uses fundamental analysis to select long and short investments mainly in equity exposure; both equity securities and OTC derivatives.The Funds seeks to deliver excess return (“alpha”) by identifying and exploiting relative misvaluations across and within global equity markets. Long or short equity investment decisions are taken to capitalise on alpha generating opportunities.
The Sub-Fund will invest mainly in different classes of international transferable securities, mainly equities and derivatives on equities, and, on a residual basis, in bonds, money market instruments and other derivatives. In particular, the Sub-Fund may use OTC derivatives (such as, for example, contracts for difference or equity swap) in order to realize the investment strategy and to create long and short exposure. The Sub-Fund may also invest in ADR (American Depositary Receipts) or GDR (Global Depositary Receipt) on a tactical basis. All bonds will be investment grade.The Sub-Fund may invest in instruments denominated in currencies other than the euro. The transferable securities in which the Sub-Fund will invest will be primarily issued by US, European and emerging markets issuers, with a limit of thirty per cent (30%) in securities issued by emerging markets issuers.The Sub-Fund may not invest in securities traded on the Russian Micex RTS market.The Sub-Fund may invest, on a residual basis, in money market instruments with duration of less than twelve (12) months.The Sub-Fund may hold cash, up to a maximum of 30% of its net assets.The Sub-Fund may invest up to ten per cent (10%) of its net assets in UCITS, including ETF UCITS, or other UCI as referred to in art. 41, section 1, of the Law of 2010.The Sub-Fund may use financial techniques and instruments in order to promote an efficient portfolio management, in accordance with the restrictions set forth in the “Financial techniques and instruments” chapter of the prospectus.
||CACEIS Bank, Luxembourg branch
|How to subscribe it
The Funds managed by Ersel Gestion Internationale S.A. can be subscribed by sending an order to the Transfer Agent and Custodian Bank of the Fund. Investor Services Team:
- Email address: firstname.lastname@example.org
- Phone number: 00 352 47 6759 99
- Fax number: 00 352 47 67 70 37
- Business hours: 9 a.m. to 6 p.m. CET
- Languages: Inglese, French, Spanish, Italian, German, Dutch
For institutional investors the orders can also be transmitted through the following distributors: Allfunds Bank, Mfex, Fund Channel.
|NAV calculation frequency
|Fund units publication
|Maximum management fees
||1% on an annual basis
||20% calculated on the positive net return of the Sub-Fund. This fee is calculated with reference to each Valuation Day and will be accrued and due only if the net value of the unit exceeds the highest value attained prior to the Valuation Day (“High Watermark”). The net return of the Sub-Fund is calculated after the management commission is deducted. The performance fee is paid on an annual basis. If the Sub-Fund pays a dividend, the amount distributed will be deducted from the reference net asset value.The Performance Fee charged to the Sub-Fund may not exceed 3 per cent of the average overall net asset value in the calendar year in which the performance fee is paid.
|Minimum amount of the first subscription
||1.500.000 euro for retail, 2.500 euro for institutional
|Minimum amount of subsequent subscriptions