Pharus Sicav Equity Leaders
Class A
ISIN: LU0471904796
Category: Global Flex-Cap Equity
28.03.2023
Key Information
| Net Asset Value | 157,53 EUR |
|---|---|
| Fund Size | 18.978.708 EUR |
| Launch Date | 16 feb 2010 |
| Benchmark | ITALY FIDEURAM FLEXIBLE |
Management information
| Sicav | PHARUS SICAV |
|---|---|
| Management Company | PHARUS MANAGEMENT LUX SA |
| Investment Manager | Pharus Asset Management SA |
Investment objective
The fund's objective is to achieve long-term capital growth by investing in stocks of leading global companies in their respective sectors. The selection philosophy is linked to the principle that share prices follow the trend of company earnings, and it is believed that leaders can more easily provide lasting growth in earnings, given the competitive and evolutionary advantage of which they are characterized. In particular, the selection approach aims to identify companies with earnings growth above the market average which is not accurately reflected in the current valuation.
Risk & reward profile
- 1
- 2
- 3
- 4
- 5
- 6
- 7
28.03.2023
Manager comment
In February, Pharus Equity Leader recorded a negative performance of -0.83%, better than the market which recorded -2.36%.
This performance was driven by the market's fear of a renewed rise in inflation, also confirmed by the month-end PPI, and increased expectations of higher prices and risk aversion. Among the best performers for the month we had companies from our favourite sectors, discretionary and technology. Among the worst performers, we had Chinese companies which, after a positive start in January, corrected. Companies we follow with interest include JD, Alibaba and China Water. The sector allocation remains largely unchanged, although we are starting to look closely at the Health Care and Staples sectors which are starting to show very attractive valuations.
The fund maintains about 40% exposure to the dollar.
This performance was driven by the market's fear of a renewed rise in inflation, also confirmed by the month-end PPI, and increased expectations of higher prices and risk aversion. Among the best performers for the month we had companies from our favourite sectors, discretionary and technology. Among the worst performers, we had Chinese companies which, after a positive start in January, corrected. Companies we follow with interest include JD, Alibaba and China Water. The sector allocation remains largely unchanged, although we are starting to look closely at the Health Care and Staples sectors which are starting to show very attractive valuations.
The fund maintains about 40% exposure to the dollar.
Documents
Last updated on 28.03.2023
* No coverage or derivatives are included
* No coverage or derivatives are included
Top Ten Holding
| Apple Inc | 3.43 % |
|---|---|
| Facebook Inc-class A | 3.43 % |
| Microsoft Corp | 3.35 % |
| Alphabet Inc-cl A | 3.19 % |
| Amazon.com Inc | 3.14 % |
| Salesforce.com Inc | 2.23 % |
| Palo Alto Networks Inc | 1.98 % |
| Adobe Inc | 1.9 % |
| Walt Disney Co/the | 1.64 % |
| Activision Blizzard Inc | 1.47 % |
Fund not available
The fund you are trying to view is not in line with the current risk profile settings.
Your selection is
PLEASE CHANGE THE INVESTOR TYPE AND THE COUNTRY