Pharus Sicav Dynamic Allocation MV7
Class A
ISIN: LU0746320257
Category: EUR Flexible Allocation - Glob
28.03.2023
Key Information
| Net Asset Value | 83,44 EUR |
|---|---|
| Fund Size | 9.134.278 EUR |
| Launch Date | 30 apr 2012 |
| Benchmark | HEDGE FUND RESEARCH HFRX GLOBA |
Management information
| Sicav | Pharus Sicav |
|---|---|
| Management Company | Pharus Management Lux SA |
| Investment Manager | Pairstech Capital Management LLP |
Investment objective
The Fund's investment objective is to achieve long term capital growth, by investing with a flexible strategy in a wide variety of assets, primarily in equities, government bonds, investment grade corporate bonds, derivatives and currency instruments. Particular attention is given to preserving capital and limiting risks.
Risk & reward profile
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28.03.2023
Manager comment
During the period 01.02 – 28.02.2023 the Pharus Dynamic Allocation MV7 Fund registered a return of -1.39%. The volatility is 7.31% annualized.
Global equity markets weakened in February after the robust advance seen in January.
US stocks declined. The Federal Reserve (Fed) indicated that their intervention policies were starting to have an impact on controlling inflation, but that the policy rate may reach a higher point. Overall, economic data remained encouraging.
In February, Eurozone stocks rose. The communication services, financials, industrials, and consumer staples sectors were among the best performers. On the other hand, real estate, IT and healthcare declined.
Emerging market (EM) equities had negative returns in February and performed worse than global equities. Increasing tensions between the US and China negatively impacted investor sentiment, while unexpectedly strong macroeconomic data from the US led to the possibility of more rate hikes.
Throughout February, global government yields increased. Risky assets had a poor performance, as US credit (including both high yield and investment grade) spreads widened due to expectations of longer periods of higher rates.
Global equity markets weakened in February after the robust advance seen in January.
US stocks declined. The Federal Reserve (Fed) indicated that their intervention policies were starting to have an impact on controlling inflation, but that the policy rate may reach a higher point. Overall, economic data remained encouraging.
In February, Eurozone stocks rose. The communication services, financials, industrials, and consumer staples sectors were among the best performers. On the other hand, real estate, IT and healthcare declined.
Emerging market (EM) equities had negative returns in February and performed worse than global equities. Increasing tensions between the US and China negatively impacted investor sentiment, while unexpectedly strong macroeconomic data from the US led to the possibility of more rate hikes.
Throughout February, global government yields increased. Risky assets had a poor performance, as US credit (including both high yield and investment grade) spreads widened due to expectations of longer periods of higher rates.
Documents
Last updated on 28.03.2023
* No coverage or derivatives are included
* No coverage or derivatives are included
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