Pharus Sicav Tikehon Global Growth & Income Fund

Class A
ISIN: LU1253867250
Category: EUR Moderate Allocation - Glob
19.12.2024
Key Information
Net Asset Value129,20 EUR
Fund Size31.264.486 EUR
Launch Date12 ott 2015
BenchmarkITALY FIDEURAM BALANCED
Key Information
Management information
SicavPHARUS SICAV
Management CompanyPHARUS MANAGEMENT LUX SA
Investment ManagerPharus Asset Management SA
Key Information
Investment objective
The Sub-Fund's investment objective is to achieve long term capital growth by investing directly in a diversified portfolio of equities, including REITS, debt securities of any kind, including money market instruments, cash and cash equivalents, financial derivatives instruments.
Key Information

Risk & reward profile

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19.12.2024
Manager comment
Manager comment
The US election results were the primary driver of market performance in November. Donald Trump’s presidential victory and the Republican party securing a majority in both chambers of Congress fuelled expectations that the next government’s policies will extend American exceptionalism in the economy and markets. The prospect of further tax cuts, expansionary fiscal policy, and the implementation of a more nationalist trade policy boosted US equity markets. The US dollar rally also had a significant impact. The perception that Trump’s fiscal plans could be inflationary and potentially cut short the Federal Reserve’s (Fed’s) rate-cutting cycle led to the strongest consecutive monthly gains for the dollar in 26 months on a trade-weighted basis. Currency losses contributed to the weak performance of global bonds in USD terms. The Fund closed the month of November quite positively at 129,82 EUR (NAV retail class A, +3.51% on a monthly basis and +10.29% year to date).
Documents
N.A.

Last updated on 19.12.2024

* No coverage or derivatives are included
* No coverage or derivatives are included
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