Our Independance

No conflict of interest, true open architecture platform, unbiased patrimonial advice...

Our Transparency

Costs, One Fee, Consolidation and Management of Accounts...

Our Performance

Team of seasoned analysts and managers, Philosophy of absolute return, Open architecture...

ODS Global Return

- Fund name :
  PURE CAPITAL Fund SICAV
- Compartment name :
  ODS Global Return
- Classification :
  Asset allocation - Fixed Income bias
- 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 %
- Performance fee :
  RC : 15% with high watermark
- Inception Date :
  18-12-2013
- Custodian :
  RBC Investor Services S.A.
- ISIN :
  RC : LU0978656394
- Bloomberg :
  RC : PUREGRR LX Equity
- Asset manager :
  Pure Capital S.A.
- Fund manager :
  JM Dos Santos
- NAV publication :
  Website, Bloomberg
- Website :
  www.purecapital.eu
- Date : 
  16/08/2017
- NAV : 
  RC : 104,66 €

Pure Capital gives access to its institutional partners customized investment strategies through UCITS IV funds

 

Investment strategy and policy

The objective of the fund is to obtain a stable return on the investment, independently from the performance of the 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.

Based on fundamental analysis of the global macroeconomic environment, the allocation of the portfolio between different asset classes and categories of UCITS may vary substantially with the time according to the manager’s expectations. Therefore, the weighting of the allocations between geographical zones, sectors, ratings, maturities,… could change dramatically. Specifically, a maximum of 35% of the Fund's net assets could be invested directly or indirectly in international equities. There is no limitation concerning debt securities like fixed and variable rate bonds, treasury bills and money market instruments. Therefore, the fund could, under certain circumstances, holds an important part of cash and cash equivalent.

Investor Profile

The SICAV is available to all investors who want to participate in the opportunities offered by the international equity and debt markets, currency and commodity markets and all financial instruments while placing the capital protection at the very centre of its investment decisions.

Investors who plan to maintain their investment over the medium term (3 to 5 years).

Net annual targeted return over the stated period is 5 to 7% for an annual volatility of the returns of 6 to 8%.

Financial instruments and limits

The sub-fund ODS Global Return is exposed to:

  • Equities : a maximum of 35% of the Fund's net assets is invested in international equities without any restrictions in terms of capitalizations, sector or region, potentially including a significant portion of the investments in the emerging countries ;
  • Debt securities : the Fund's net assets is invested in international debt securities, without restriction, like fixed and variable rate bonds, treasury bills and money market instruments without any restrictions in terms of weighting, rating, sector or region, potentially including a significant portion of the investments in the emerging countries :
    • Although it is not part of the core strategy of the sub-fund, the Manager of the sub-fund may invest opportunistically up to 5% in asset backed securities and mortgage backed securities or related eligible instruments ;
    • The portfolio's modified duration is between -4 and +10.
  • Commodities : a maximum of 20% of the Fund's net assets is invested in eligible instruments in order to capture trends in the commodity markets ;
  • Currencies : The Fund may use currencies other than the Fund's valuation currency for exposure or hedging purposes. There is no restriction in terms of exposure to currencies;
  • Derivatives : The 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 Fund's assets ;
  • Howell it is not the intention, the Fund may invest up to 100% of its net assets in units or shares of UCITS.