Welcome to the new morningstar.co.uk! Learn more about the changes and how our new features help your investing success.

Banor Sicav – Mistral Long Short Equity J EUR Acc

Performance History31/10/2019
Growth of 1,000 (GBP) Advanced Graph
Banor Sicav – Mistral Long Short Equity J EUR Acc
Fund-----4.5
+/-Cat-----
+/-B’mrk-----
 
Key Stats
NAV
18/11/2019
 EUR 1004.92
Day Change -0.30%
Morningstar Category™ Alt - Long/Short Equity - Other
ISIN LU1417208219
Fund Size (Mil)
18/11/2019
 EUR 74.25
Share Class Size (Mil)
18/11/2019
 EUR 0.11
Max Initial Charge -
Ongoing Charge
01/10/2019
  1.41%
Investment Objective: Banor Sicav – Mistral Long Short Equity J EUR Acc
The Sub-Fund seeks out securities that are significantly mispriced on earnings per share, cash flow and/or private market value basis. The Fund believes that “value” and “growth” valuation concepts are reconcilable and it primarily seeks to quantify the reasonable current value of businesses based on future net cash flows, discounted at an appropriate cost of capital. Generally, the Fund seeks out situations on both the long and short side which have not only a large differential between market price and value, but also some form of catalyst to optimization of market price and, therefore, shareholder value. As the focal point of the investment process, the Fund tries to form proprietary insights into our investments through fundamental research on our portfolio companies, their competitors and suppliers.
Returns
Trailing Returns (GBP)18/11/2019
YTD-4.69
3 Years Annualised-
5 Years Annualised-
10 Years Annualised-
12 Month Yield 0.00
Management
Manager Name
Start Date
Not Disclosed
30/06/2010
Inception Date
12/07/2018
Advertisement
Category Benchmark
Fund BenchmarkMorningstar Benchmark
FTSE Italia AllShare TR EUR-
Target Market
Role In Portfolio
Standalone / CoreNot Specific
ComponentNot Specific
OtherNot Specific
Primary Objective
PreservationNo
GrowthYes
IncomeNot Specific
HedgingNot Specific
OtherNot Specific
Portfolio Profile for  Banor Sicav – Mistral Long Short Equity J EUR Acc30/09/2019
Morningstar Style Box®
Equity Style
Morningstar Style Box®
Fixed Income Style
Asset Allocation
  % Long% Short% Net Assets
Stock69.531.3568.18
Bond6.140.006.14
Property0.000.000.00
Cash34.079.7824.29
Other0.000.000.00
Fixed Income
Effective Maturity-
Effective Duration-
Top 5 Regions%
Eurozone87.95
United Kingdom6.55
United States4.78
Europe - ex Euro0.71
Asia - Developed0.00
Top 5 Sectors%
Financial Services18.02
Consumer Cyclical16.94
Energy16.30
Industrials13.89
Utilities13.09
Top 5 HoldingsSector%
Snam SpAUtilitiesUtilities4.41
Intesa SanpaoloFinancial ServicesFinancial Services3.85
Esprinet SpATechnologyTechnology3.73
Italy (Republic Of)3.40
UniCredit SpAFinancial ServicesFinancial Services3.38
Banor Sicav – Mistral Long Short Equity J EUR Acc
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