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Eleva Absolute Return Europe R EUR Cap

Ranked 13 out of 170 in - Long/Short Equity over 12 months
All calculations are in EUR unless stated

Managed by

Eric Bendahan

Eric Bendahan is CEO at Eleva Capital having set up the firm in 2014. He spent nearly nine years at Banque Syz & Co which he joined in November 2005 from AXA Investment Managers. He has over 15 years of experience in managing active and non-indexed European equity portfolios. Bendahan has a pure, bottom-up, fundamental stock picking approach to pan-European equity markets. His style is opportunistic, across all market caps and he focuses on companies with sound historic results, good visible earnings prospects and a good-quality management with clear strategic vision, operating in a sector with high barriers to entry. Direct corporate contact is the predominant part of his analysis process. Bendahan is a graduate of ESSEC and a holder of the CFA.

Objective

The fund seeks to achieve a positive absolute return over the medium term through capital growth by investing primarily in listed European equities (75% of its assets) and equity related securities on both a long and short basis.The fund will seek to achieve the investment objective through a directional long/short investment strategy.

Showing fund performance in Singapore View performance globally

Performance

Long/Short Equity over : 31/10/2017 - 31/10/2018

Total Return

Quarterly Performance

to 30/09/2018 Annual Q1 Q2 Q3 Q4
2018 0.3% 3.6% 1.8%
2017 13.7% 3.9% 3.1% 3.3% 2.8%
2016 -2.7% -5.1% -1.3% 1.0% 2.9%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

30/09/2018

Top 10 Holdings

Stock Size
Schindler Holding AG 2.36%
AstraZeneca PLC ORD 2.21%
South32 Ltd ORD 2.16%
ArcelorMittal SA ORD 2.15%
UPM-Kymmene Oyj ORD 2.13%
Subsea 7 SA ORD 1.97%
Beiersdorf AG ORD 1.90%
Erste Group Bank AG ORD 1.83%
Lonza Group AG ORD 1.81%
Reply SpA ORD 1.76%
30/09/2018

Registered For Sale In

  1. Denmark
  2. Finland
  3. Germany
  4. Iceland
  5. Luxembourg
  6. Netherlands
  7. Norway
  8. Sweden
  9. Switzerland
  10. United Kingdom

Fund Info

  • Launch date30/12/2015
  • Share Class size35Mn
  • Base currencyEUR
  • ISIN LU1331973468

Purchase Info

  • Min. initial investment0
  • Min. regular additional investment0

Charges

  • Annual management1.10%
  • Initial investment0.00%

Related News

Euro Star of the Day: Eric Bendahan, Eleva Capital

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Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).