Alken Fund Absolute Return Europe K

Performance History30/06/2020
Growth of 1,000 (GBP) Advanced Graph
Alken Fund Absolute Return Europe K
Fund----3.5-1.8
+/-Cat-----
+/-B’mrk-----
 
Key Stats
NAV
02/07/2020
 EUR 84.39
Day Change -0.96%
Morningstar Category™ Alt - Long/Short Equity - Europe
ISIN LU0592995731
Fund Size (Mil)
02/07/2020
 EUR 226.21
Share Class Size (Mil)
02/07/2020
 EUR 0.83
Max Initial Charge 3.00%
Ongoing Charge
29/01/2020
  1.85%
Investment Objective: Alken Fund Absolute Return Europe K
The fund’s objective is to 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. The Sub-Fund will have flexible net exposure to equity markets by taking long and short exposures on European equities primarily through the use of transferable securities, linear financial derivatives “delta one”.
Returns
Trailing Returns (GBP)02/07/2020
YTD-2.65
3 Years Annualised-
5 Years Annualised-
10 Years Annualised-
12 Month Yield 0.00
Management
Manager Name
Start Date
Nicolas Walewski
28/01/2011
Marc Festa
28/01/2011
Inception Date
07/03/2011
Advertisement
Category Benchmark
Fund BenchmarkMorningstar Benchmark
HFRX Equity Hedge 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 K31/03/2020
Morningstar Style Box®
Equity Style
Morningstar Style Box®
Fixed Income Style
Asset Allocation
  % Long% Short% Net Assets
Stock85.8310.4275.41
Bond0.000.000.00
Property0.000.000.00
Cash24.590.0024.59
Other0.000.000.00
Fixed Income
Effective Maturity-
Effective Duration-
Top 5 Regions%
Eurozone70.42
United Kingdom16.05
Europe - ex Euro9.91
Latin America2.33
Australasia1.29
Top 5 Sectors%
Industrials27.30
Consumer Defensive20.91
Technology14.95
Healthcare10.38
Communication Services8.04
Top 5 HoldingsSector%
Wirecard AGTechnologyTechnology6.28
British American Tobacco PLCConsumer DefensiveConsumer Defensive5.21
CarrefourConsumer DefensiveConsumer Defensive4.67
Compagnie de Saint-Gobain SAIndustrialsIndustrials4.40
Eiffage SAIndustrialsIndustrials4.11
Alken Fund Absolute Return Europe K

Related

In order to provide consistency across the report data provided by different Asset Managers, the calculated data points presented are generated using Morningstar’s proprietary calculation methodology which is set out in more detail at(https://www.morningstar.com/research/signature)

Audience Confirmation


By clicking 'accept' I acknowledge that this website uses cookies and other technologies to tailor my experience and understand how I and other visitors use our site. See 'Cookie Consent' for more detail.

  • Other Morningstar Websites
© Copyright 2020 Morningstar, Inc. All rights reserved.

Terms of Use        Privacy Policy        Cookies