Pharus Sicav Deepview Trading
Class A
ISIN: LU1502105775
Category: EUR Flexible Allocation - Glob
16.07.2025
Key Information
| Net Asset Value | 93,18 EUR |
|---|---|
| Fund Size | 16.682.312 EUR |
| Launch Date | 12 mag 2016 |
| Benchmark | BENCHMARK COMPOSITE 9895 |
Management information
| Sicav | PHARUS SICAV |
|---|---|
| Management Company | PHARUS MANAGEMENT LUX SA |
| Investment Manager | Pharus Asset Management SA |
Investment objective
The Sub-Funds investment objective is to achieve medium-long term capital growth by investing primarily directly in equities, including REITS and/or government bonds, short term bonds, money markets instruments issued by sovereign, supranational or corporate issuers, term deposits, cash and cash equivalent worldwide without any geographical restriction, or indirectly through UCITS and/or UCIs.
Risk & reward profile
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16.07.2025
Manager comment
In June, Pharus Deepview Trading recorded a performance of +0.41%.
Global equity markets posted positive returns (Global Equities +4% for the month and +9.8% YTD in USD; +0.9% for the month and -3% YTD in EUR), supported by signs of imminent trade agreements between the United States, China, and the European Union, expectations of a more accommodative monetary policy—especially from the Fed—the approval of the infrastructure plan in Germany, and easing geopolitical tensions in the Middle East, despite a still uneven macroeconomic backdrop.
European equity markets underperformed U.S. markets, and the U.S. dollar continued to weaken (-2% over the month). Long-term yields declined in the U.S. but rose in Europe. Credit spreads remain very tight.
Equity exposure remains at 40%, while approximately 30% of the portfolio is allocated to government and corporate bonds with maturities longer than 10 years.
Global equity markets posted positive returns (Global Equities +4% for the month and +9.8% YTD in USD; +0.9% for the month and -3% YTD in EUR), supported by signs of imminent trade agreements between the United States, China, and the European Union, expectations of a more accommodative monetary policy—especially from the Fed—the approval of the infrastructure plan in Germany, and easing geopolitical tensions in the Middle East, despite a still uneven macroeconomic backdrop.
European equity markets underperformed U.S. markets, and the U.S. dollar continued to weaken (-2% over the month). Long-term yields declined in the U.S. but rose in Europe. Credit spreads remain very tight.
Equity exposure remains at 40%, while approximately 30% of the portfolio is allocated to government and corporate bonds with maturities longer than 10 years.
Documents
Last updated on 16.07.2025
* No coverage or derivatives are included
* No coverage or derivatives are included
Top Ten Holding
| Euro Fx Curr Fut Sep25 | 23.37 % |
|---|---|
| Bonos Y Oblig Del Estado 0% 31.01.26 | 5.91 % |
| Buoni Poliennali Del Tes 5% 01.09.40 | 4.81 % |
| Republic Of Argentina 3.625% 09.07.35 | 3.88 % |
| Iccrea Banca Spa Tv 20.09.27 | 3.27 % |
| Buoni Poliennali Del Tes 4.35% 01.11.33 | 3.26 % |
| Bper Banca Tv 01.02.28 | 3.22 % |
| Ishares Core Msci World | 3.11 % |
| Amdi Stoxx Europe 600 Acc | 3.09 % |
| Ispim 4 1/8 Perp | 2.9 % |
