The fund performed excellent during August with a gain of 7.86%. By this we extended our outperformance by 2.51% up to 42.7% since start on the first of March 2019. Especially our stock selection contributed to the result. There were two stellar performing stocks, Varta (+37.64%) and Salesforce.com (+38.03%). Only a couple of stock ended up with a small negative return. Our portfolio hedge contributed as expected in a negative way to the result. However due to active management we managed we kept the impact relatively small. During August we repositioned the portfolio. Firstly we sold three underperforming stocks and sold part of the profits on Varta and Salseforce.com. We added five new positions and increased the stakes in some…
The Alpha High Performance Fund is a way for portfolio diversification and to add the power of Alternative Investments to your investments. This with all advantages of licensed funds which are under full supervision of the Dutch financial authorities. The Altaica Alpha High Performance Funds are an excellent access to the alternative investments spectrum. The funds are under management of Elite Fund Management. EFM is holder of the license assigned by the AFM, included in the register of the AFM.
The Altaica funds offers you an excellent possibility to diversify your portfolio by adding alternative investment strategies. This with all advantages of licensed mutual funds (AIFMD regulation) within the supervision of the Dutch Financial Authorities.
Diversification gives more safety. Our strategies are designed to add higher returns to your portfolio. This to improve the return-/-risk balance. Due to our management style the funds are less vulnerable by the directions of the markets we invest. We invite you to get further information regarding the funds from our fund managers. Sent us your request for our information package by mail or visit our seminars.
Sustainable Equity Long Short
- date: 31-12-2020
- year to date*: 36.07%
- annualised*: 35.35%
- last month*: +4.91%
- NAV: € 102.5589
* original fund starting date: 1 July 2015, however the returns mentioned here are as in the new setup since March 2019 (see also below).
Please note that before March 2019 the fund was named Altaica Emerging Alpha Eur-Asia fund and managed in another portfolio style.
During December 2019 the fund was able to gain 1.64%, bringing the Start To Date performance above the 25%. The combination of a portfolio with a high positive ESG rating and best of class performance (Morningstar) makes Altaica Sustainable Equity Long Short Fund a proposition that is different than the mainstream offerings. We started the month carefully without any leverage. During the month the sentiment turned and it gave us the courage to gear up to a leverage level of almost 60%. The portfolio is still hedged. The best performing shares belonged mainly to the IT sector. Especially Adobe (+7.8%) and Cisco (7.3%) delivered a strong performance. On the losing side we found shares like Assa Abloy (-2.4%) and Walt…
During November the performance differential between managers and strategies was remarkable. We ended up with a positive return of just a little bit more than 1%. The drivers of the performance were CTA (+2.3%) and Equity strategies (+3.2%). The other strategies suffered losses during November. Except two managers all CTA managers performed well. One of the managers which suffered huge losses in previous months was able to turn the tide and recovered partly by 12.1%. The other managers performed more modest with gains and losses between -1.6% and +4.4%. Due to a 4.8% loss of one of our largest positions in the portfolio the category Global Macro dragged down the total performance of the portfolio. The Equity managers performed well….