Active Global Long/Short

Monthly Letter October 2021
Monthly Letters Archive

KIIDS

The investment objective of this sub-fund is to achieve above-average long-term capital growth while respecting adequate diversification. For this purpose, the Sub-Fund will mainly invest in the following assets:

  • Shares and other equity related instruments of companies listed on stock exchanges worldwide;
  • Fixed interest and floating-rate securities, debt securities with a minimum average rating of BBB- or claims as well as other interest-bearing investments (including money-market instruments and, in particular, convertible bonds with warrants);
  • Sight deposits and deposits repayable on demand

The Sub-fund short exposure to the above assets will be achieved via contract for differences (CFDs) and investment in listed index derivatives.

The Active Gloal Long/Short Sub-fund may invest up to 15% of its net assets in American depositary receipts and/or global depositary receipts.

Based on committment approach, the Sub-fund’s risk exposure (including the risk exposure through the use of financial derivative instruments) amounts to a maximum of 210%.

Recommended investment time horizon: at least 5 years.

PERFORMANCE OF THE SUB-FUND:


Total return
2014
0.03%
2015
4.39%
2016
2.56%
2017
-0.68%
2018
-9.08%
2019
-2.14%
2020
4.44%
2021
-1.24%

PERFORMANCE STATISTICS AS OF 30/11/2021

NAV: 1344.050
MTD: -4.569%
QTD: -4.504%
YTD: -1.245%

KEY FEATURES:

Investment Manager: Compass Asset Management SA
Inception date: March 2003
Liquidity: Daily
Minimum subscription: Euro 1,000
Minimum subsequent subscription: Euro 100
Fees: Initial fee: Max 0-2%
Exit fee: not present
Management fee cl. A: 2.00%
Management fee cl. B: 2.30%
Management fee cl. M: 0.95%
Performance fee: 10%
Bloomberg: Class A: CAFEUEG LX
Class B: CAFEUEB LX
Class M: CAFEEQM LX
Isin code: Class A: LU0165045302
Class B: LU0178937420
Class M: LU0334387619