Eleva Euroland Selection
LU1616922123
CLASS R EUR
100.00 17/11/2017
Long-only investing in eurozone equities by a large specialised boutique. (soft closed since April 15th 2021)
The fund is aiming to achieve superior long-term risk adjusted returns thanks to conviction, active (active weight over 80% and tracking error target of 6%) and non-index based fundamental investing, using a macroeconomic overlay to support sector positioning. It is actively run by multi-awarded manager Eric Bendahan. It has a flexible and opportunistic approach with no style, country, sector nor market cap bias and is always fully invested. A major fund within its category thanks to its results, reputation and the management company specialization.
Eric
Bendahan
CEO & Founder, Portfolio Manager
Armand Suchet
D’Albufera
Partner & Deputy Portfolio Manager
Potentially lower rewards
Potentially higher rewards
PERFORMANCE
Historical monthly returns (in %)
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | YTD | |
2024 | 0.9 | 4.6 | 4.1 | -2.6 | 2.6 | -1.3 | 0.1 | 8.5 | |||||
2023 | 10.7 | 2.2 | -1.9 | 1.3 | -1.5 | 3.4 | 0.7 | -3.2 | -3.0 | -4.0 | 8.4 | 3.4 | 16.4 |
2022 | -4.9 | -5.3 | 0.1 | -1.8 | -0.7 | -8.5 | 8.0 | -4.5 | -5.7 | 7.6 | 7.1 | -3.1 | -12.7 |
2021 | -0.1 | 3.1 | 3.9 | 2.2 | 2.7 | 2.3 | 2.4 | 2.9 | -2.3 | 4.5 | -3.0 | 4.9 | 26.1 |
2020 | -2.4 | -6.7 | -18.3 | 7.9 | 6.1 | 4.1 | 0.1 | 5.9 | -0.9 | -4.7 | 14.5 | 2.7 | 4.5 |
2019 | 6.7 | 2.9 | 0.7 | 6.5 | -7.7 | 5.3 | 2.4 | -1.3 | 2.4 | 2.3 | 4.2 | 1.7 | 28.3 |
2018 | 4.1 | -3.0 | -2.2 | 4.7 | 0.6 | -0.7 | 2.3 | -2.6 | 1.3 | -7.6 | -2.7 | -5.7 | -11.7 |
2017 | -0.5* | 0.3 | 4.6 | 2.1 | -2.0 | 0.9 | 5.3 |
Figures based on month-end NAVs
Statistics (in %) as of 31 jul 2024
Performance | Risk | |||||||
1M | 3M | 6M | 1Y | 3Y | Since inception | Annualized volatility | Max DD | |
Fund | 0.1 | 1.4 | 7.6 | 9.6 | 18.1 | 73.4 | 16.6 | -25.5 |
All figures based on month-end NAVs. Risk data calculated since inception.
Information
Fund Type | Luxembourg SICAV – UCITS V |
Income treatment | Accumulation / Distribution, according to classes |
Launch date | 10 July 2017 |
Base currency | EUR |
Available currencies | EUR USD, GBP, CHF, SGD (hedged & unhedged) |
Manager | ELEVA Capital SAS www.elevacapital.com |
Quotation (NAV calcultation) | Daily (business days) |
Administrator | HSBC France, Luxembourg Branch |
Subscription/Redemption | Same day, cut-off 12:00 CET |
Management fee | 0.9% p.a. for classes R and I 1.5% p.a. for classes A1 2% p.a. for classes A2 |
Performance fee | 10% of outperformance to EURO STOXX (Net Return) |
Min. initial investment | Classes R, A1 and A2 : None Class I : EUR1 mio or equivalent |
Lock-up | None |
Commercial fees (entry/exit) | By agreement : Max 3% entry / 0% exit |
Custodian bank | HSBC France, Luxembourg Branch |
Auditors | PWC (Luxembourg) |
Swiss legal representative | Société Générale Securities Services |
Registration for distribution | AT, BE, CH, DE, DK, ES, FI, FR, GB, IT, IS, LU, NL, NO, SE, PT, SG |
ELEVA CAPITAL LATEST NEWS
ELEVA Capital – Webinar January 19th or 21st, 2021
INVITATION - January 19th or 21st, 2021 ELEVA Capital invites you to join us on a webinar hosted by Eric Bendahan CEO & Founder of ELEVA Capital & Portfolio Manager...
ELEVA Capital – Citywire Selector, 15 December 2020
ELEVA Capital soft-launches first funds for fixed income team By Chris Sloley, Citywire Selector - December 15th, 2020Eric Bendahan’s boutique will be looking to uncover global and European bond opportunities. Eric Bendahan’s push into fixed income market has...
Prosper Stars & Stripes – Webinar October 8th, 2020
INVITATION - October 8th, 2020 Prosper invites you to join us on a webinar hosted by : Christopher Hillary Roubaix Capital CEO & Portfolio ManagerAGENDAThursday, 8th October 2020 - 16:00 (CET)Webinar...
PROSPER EVENTS
If you wish to meet a manager, get updates on a fund, don’t hesitate to attend Prosper’s events ("Les Rencontres Prosper"). You can now subscribe online.
Wish to be informed ahead of the crowd through our emails?
Sign up to participate in the next events & presentations.