Pharus Sicav Basic Fund

Class A
ISIN: LU0082941195
Category: EUR Flexible Allocation
30.04.2024
Key Information
Net Asset Value187,45 EUR
Fund Size28.238.905 EUR
Launch Date20 gen 2005
Key Information
Management information
SicavPHARUS SICAV
Management CompanyPHARUS MANAGEMENT LUX SA
Investment ManagerPharus Asset Management SA
Key Information
Investment objective
Pharus Sicav Basic Fund is a flexible fund that aims to offer capital growth through dynamic exposure to markets - mainly equity - in the Euro area. The focus is on identifying market niches whose value is still unexpressed, and in particular in the search of individual stories that have not yet valued growth in their stock market prices, of which the Italian market in particular is rich. The investment limits across all asset classes are very broad, but equity selection, global equity weighting and sectors, and most importantly individual stock selection, are the main sources of performance. Active management and the consequent ability to vary the portfolio composition have allowed the fund to demonstrate resilience over the years, currently boasting a track record of over 15 years.
Key Information

Risk & reward profile

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
30.04.2024
Manager comment
Manager comment
During the month of March 2024, the BASIC Fund recorded a performance of -0.60%. In this month, most of the companies in the Fund completed the reporting season, and overall better-than-expected figures were reported.
We are aware that this positivity is still slow to be reflected in the price valuations of companies due to interest rates. We continue to argue that a more sustained rebound in the stock market performance of mid-small stocks will occur when we see a clear signal of lowering rates, expected in the second half of 2024.
Documents
N.A.

Last updated on 30.04.2024

* No coverage or derivatives are included
* No coverage or derivatives are included
Top Ten Holding
Digital Value Spa 9.32 %
Pharmanutra Spa 8.39 %
Sesa Spa 7.91 %
Italian Wine Brands Spa 6.64 %
Star7 S.p.a. 5.29 %
Eviso Spa 4.5 %
Id-entity Sa 3.41 %
Maps Spa 3.19 %
Azienda Bresciana Petroli No 2.74 %
Capgemini Se 2.59 %
Top Ten Holding
How to invest