Link Eclectica Absolute Macro Hedged C EUR Acc NAV

IMA Sector:

Targeted Absolute Return

ISIN:

GB00B3B1NB48

Fund Type:

OEIC

1.26p
   
  • PEP:
  • ISA:
  • CAT Std:
  • Date: 23-Nov-2017
  • Change: 0.000p
  • Change %: -0.01%
  • Currency: GBP
  • YTD change: 1.26p
  • YTD %: n/a

Fund Objective

The investment objective of the Fund is to achieve long-term capital growth through investment in a diversified portfolio of global quoted equity investments.

View on Past Performance

September was brutal. The fund fell 13.7%. We take little comfort from the fact that our benchmark index lost almost as much, with the MSCI European index dropping 13.3%. Our put options spared the fund the full brunt of the market's decline, earning 1.0% for the month. Remarkably however, despite the unmitigated disaster which is the European economy, our German bunds conspired to lose 0.5%.Indeed, such was the beating endured by the stock markets that only three of our holdings; (out of a total of 95) managed an absolute price gain. For the record, they were Kopex (Polish mining equipment), National Grid (The UK electricity & gas network operator) & Tesco (the eponymous British food retailer).

Fund Details

Latest Price 1.26p IMA Sector Targeted Absolute Return
Currency British Pound Launch Date 01/07/2008
Fund Size n/a Fund Manager
ISIN GB00B3B1NB48 Dividend 0.00p

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

Price Info

Date 23-Nov-2017
NAV 1.26p
Currency GBP
Change 0.000p
% -0.01%
YTD change 1.26p
YTD % n/a

Fund Facts

Fund Inception 01/07/2008
Fund Manager n/a
TER -
Minimum Investment
Initial £2000000
Additional n/a
Savings n/a
Charges
Initial 5.00%
Annual Mang't 1.25%
Exit n/a

Risks

Name %
No risk data available.

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