Pharus Sicav Dynamic Allocation MV7
Class A
ISIN: LU0746320257
Category: EUR Flexible Allocation - Glob
13.03.2024
Key Information
| Net Asset Value | 85,93 EUR |
|---|---|
| Fund Size | 1.806.271 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
- 1
- 2
- 3
- 4
- 5
- 6
- 7
13.03.2024
Manager comment
During the period 01.01 – 31.01.2024 the Pharus Dynamic Allocation MV7 Fund registered a return of -0.20%. The volatility is 8.33% annualized.
Global markets continued their upward trajectory in February, fuelled by positive earnings reports, receding inflation, and anticipation of a Federal Reserve rate cut later in the year.
The US equity market saw strong gains across the board, with the tech-heavy Nasdaq leading the way with a 6.2% increase.
European equity markets were more muted, with the UK's FTSE 100 struggling due to the recent recession and disappointing macroeconomic data, while other regions saw modest gains.
Emerging markets outperformed developed markets, with Chinese authorities actively supporting their domestic stock market and the broader region benefitting from rising commodity prices.
Global bond and fixed income markets saw modest declines as investors shifted towards riskier assets like equities in anticipation of improving economic conditions.
Global markets continued their upward trajectory in February, fuelled by positive earnings reports, receding inflation, and anticipation of a Federal Reserve rate cut later in the year.
The US equity market saw strong gains across the board, with the tech-heavy Nasdaq leading the way with a 6.2% increase.
European equity markets were more muted, with the UK's FTSE 100 struggling due to the recent recession and disappointing macroeconomic data, while other regions saw modest gains.
Emerging markets outperformed developed markets, with Chinese authorities actively supporting their domestic stock market and the broader region benefitting from rising commodity prices.
Global bond and fixed income markets saw modest declines as investors shifted towards riskier assets like equities in anticipation of improving economic conditions.
Documents
Last updated on 13.03.2024
* No coverage or derivatives are included
* No coverage or derivatives are included
Top Ten Holding
| Red Electrica Corporacion Sa | 5.85 % |
|---|---|
| Industria De Diseno Textil | 5.15 % |
| Snam Spa | 4.97 % |
| Alphabet Inc-cl A | 4.35 % |
| Iberdrola Sa | 4.25 % |
| Kering | 4.22 % |
| Bnp Paribas | 4.22 % |
| Novo Nordisk A/s-b | 4.02 % |
| Enagas Sa | 3.67 % |
| Verbund Ag | 3.16 % |
