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PC European Equities

- Fund name :
  PURE CAPITAL Fund SICAV
- Compartment name :
  Pure Conviction European
  Equities
- Classification :
  Europe Equity – Value Style
- Legal structure :
  Luxembourg SICAV (UCITS IV)
- Currency :
  Euro
- NAV frequency :
  Daily
- Dealing frequency :
  Daily
- Cut-off :
  10.00 (CET)
- Settlement :
  4 working days max.
- Distribution policy :
  Capitalization
- Management fee :
  Retail – RC : 1.50 %
  Institutional – IC : 1.25 %
- Performance fee :
  No
- Inception Date :
  19-07-2012
- Custodian :
  RBC Investor Services S.A.
- ISIN :
  RC : LU0792494915
  IC : LU0792499393
- Bloomberg :
  RC : PURECRC LX Equity
  IC : PURECIC LX Equity
- Asset manager :
  Pure Capital S.A.
- Fund manager :
  D. Marchese
- NAV publication :
  Website, Bloomberg
- Website :
  www.purecapital.eu
- Date : 
  18/10/2017
- NAV :
  RC : 145,1 €
  IC : 147,37 €

Performance

 YTD1 YearFrom Start
RC 8,77 % 13,72 % 45,1 %
IC 9,02 % 14,05 % 47,37 %

Keeping its philosophy intact, Pure Capital gives access to its strategies through UCITS IV Luxembourg SICAV Pure Capital Fund SICAV Pure Conviction European Equities

 

Investment strategy and policy

The objective of the sub-fund is to maximise the return on the investment on the European equity markets.

The investment policy takes into account the principles of risk spreading by means of a large diversification of investments, an in-depth portfolio construction process and a high level of flexibility and reactivity of investment decisions.

Under normal market circumstances, the sub-fund invests a clear majority, at least 55% of its total assets in equity securities of companies domiciled in or carrying out the majority of their business activities in European countries that have value characteristics. However, from time to time, the Investment Manager may choose also to invest opportunistically in companies that have more of a growth profile. The Investment Manager may also choose to invest, in lesser extent, in equity securities of companies domiciled in or carrying out the majority of their business activities in Central and Eastern European countries like Poland, Czech Republic, Hungary, Russia and CIS Countries (where CIS stands for Common Wealth of Independent States) as well as in Mediterranean Basin countries like Turkey, Israel, Egypt and Morocco.

Investor Profile

The sub-fund is available to all investors who want to participate in the opportunities offered by the international equity markets.

Investors who plan to maintain their investment over the long term (more than 5 years).

Financial instruments and limits

The sub-fund Pure Conviction European Equities is exposed to:

  • Equities : under normal market circumstances, the sub-fund net assets is invested, with a clear majority of at least 55%, in equity securities of companies domiciled in or carrying out the majority of their business activities in European countries that have value characteristics.
  • Debt securities : although it is not part of the core strategy of the sub-fund, the manager of the sub-fund may, under exceptional market circumstances and for the sole purpose of protecting the portfolio value, invest up to 100% of the net asset in cash, cash equivalents, high investment grade government debt and high investment grade corporate bonds denominated in any OCDE currencies.
  • Currencies : Under normal market circumstances, the sub-fund will maintain a clear majority; at least 55% of the investments in EURO denominated currency securities. The sub-fund may however use currencies other than the sub-fund valuation currency for exposure or hedging purposes.
  • Derivatives : The sub-fund may use futures or options (equities, interest rates, currencies, etc.) traded on regulated or OTC markets in order to generate exposure or hedge the portfolio. The interest rate and equity derivatives markets may only be used to generate leverage amounting to a maximum of 100% of the sub-fund assets.
  • The sub-fund may not invest more than 10% of its net assets in units or shares of UCITS.
Download Prospectus here