Alken Fund - Absolute Return Europe Class A

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Performance History30/09/2024
Growth of 1,000 (GBP) Advanced Graph
Alken Fund - Absolute Return Europe Class A
Fund-4.51.713.4-0.4-0.5
+/-Cat-13.61.613.9-2.7-0.9
+/-B’mrk-7.1-15.918.0-13.6-7.9
 
Key Stats
NAV
03/10/2024
 EUR 141.40
Day Change 0.70%
Morningstar Category™ Long/Short Equity - Europe
ISIN LU0572586591
Fund Size (Mil)
03/10/2024
 EUR 75.24
Share Class Size (Mil)
03/10/2024
 EUR 14.93
Max Initial Charge 3.00%
Ongoing Charge
31/01/2024
  2.58%
Investment Objective: Alken Fund - Absolute Return Europe Class A
Provide capital growth and aim for a positive absolute return over long term period through long and short market exposure in the European markets primarily in equities or related derivative contracts. The Sub-Fund aims to typically deliver absolute (more than zero) returns in each year, although an absolute return performance is not guaranteed and over the short-term it may experience periods of negative return and consequently the Sub-Fund may not achieve this objective.
Returns
Trailing Returns (GBP)03/10/2024
YTD0.15
3 Years Annualised3.63
5 Years Annualised1.08
10 Years Annualised2.48
12 Month Yield 0.00
Management
Manager Name
Start Date
Nicolas Walewski
28/01/2011
Marc Festa
28/01/2011
Inception Date
28/06/2012
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Category Benchmark
Fund BenchmarkMorningstar Benchmark
Hurdle 5%Morningstar DM Eur TME NR EUR
Target Market
Role In Portfolio
Standalone / CoreNot Specific
ComponentNot Specific
OtherNot Specific
Primary Objective
PreservationNot Specific
GrowthYes
IncomeNot Specific
HedgingNot Specific
OtherNot Specific
Portfolio Profile for  Alken Fund - Absolute Return Europe Class A29/02/2024
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock89.6637.6951.97
Bond0.000.000.00
Property0.000.000.00
Cash41.333.6337.71
Other10.450.1310.32
Top 5 Regions%
Eurozone75.16
United Kingdom11.44
Europe - ex Euro9.87
Latin America2.52
Canada1.01
Top 5 Sectors%
Industrials28.96
Energy13.01
Basic Materials11.10
Financial Services10.94
Communication Services8.72
Top 5 HoldingsSector%
Vallourec SABasic MaterialsBasic Materials5.43
Zegona Communications PLCCommunication ServicesCommunication Services5.13
Ryanair Holdings PLCIndustrialsIndustrials4.51
Rheinmetall AGIndustrialsIndustrials4.40
CarrefourConsumer DefensiveConsumer Defensive3.63
Alken Fund - Absolute Return Europe Class A

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