Multi Stars Sicav Regent Serenity Fund
Class DH
ISIN: LU1333049911
Category: GBP Flexible Allocation
19.06.2025
Key Information
| Net Asset Value | 12.205,97 EUR |
|---|---|
| Fund Size | 8.935.483 EUR |
| Launch Date | 4 gen 2016 |
Management information
| Sicav | Multi Stars Sicav |
|---|---|
| Management Company | Pharus Management Lux SA |
| Investment Manager | Pharus Management LUX SA |
Investment objective
The investment objective of this Sub-Fund is to achieve long term capital growth by investing in a diversified portfolio of equities and/or debt securities of any kind including convertible bonds and money market instruments without any geographical restriction.
Risk & reward profile
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19.06.2025
Manager comment
In May, financial markets extended their recovery from April, supported by improved consumer sentiment and easing trade tensions, particularly between the US and the EU. Developed market equities rose by 6%, with growth stocks outperforming value stocks. Small caps rebounded strongly, driven by favorable budget proposals benefiting small businesses. Emerging markets performed well too, helped by a weaker $.
The UK was the weakest major performing equity market during May. UK-listed pharmaceutical companies came under pressure following Trump’s drug pricing reforms, which threaten revenue from U.S. sales. Also, persistent inflation and competitive pricing make it harder for staples to pass on rising input costs.
Bond markets declined due to rising fiscal concerns in the US and a downgrade of its sovereign credit rating. Gold dropped 0.8% as risk appetite increased. While sentiment improved and recession fears eased, ongoing inflationary pressures and growing fiscal vulnerabilities continue to cloud the economic outlook.
The UK was the weakest major performing equity market during May. UK-listed pharmaceutical companies came under pressure following Trump’s drug pricing reforms, which threaten revenue from U.S. sales. Also, persistent inflation and competitive pricing make it harder for staples to pass on rising input costs.
Bond markets declined due to rising fiscal concerns in the US and a downgrade of its sovereign credit rating. Gold dropped 0.8% as risk appetite increased. While sentiment improved and recession fears eased, ongoing inflationary pressures and growing fiscal vulnerabilities continue to cloud the economic outlook.
Documents
Last updated on 19.06.2025
* No coverage or derivatives are included
* No coverage or derivatives are included
Top Ten Holding
| Barclays Plc Tv 22.11.30 | 5.54 % |
|---|---|
| United Mexican States 5.625% 19.03.14 | 4.62 % |
| Edf 5 7/8 Perp | 4.38 % |
| Roche Holding Ag-genusschein | 3.94 % |
| Nvidia Corp | 3.63 % |
| Heathrow Funding Ltd 7.075% 04.08.30 | 3.58 % |
| Swiss Re Ag | 3.45 % |
| Kraft Heinz Foods Co 4.125% 01.07.27 | 3.38 % |
| Ford Motor Credit Co Llc 5.625% 09.10.28 | 3.38 % |
| Ishares Euro Stoxx 50 | 3.36 % |
