fund details.

LO Funds

Global Responsible Equity, (USD) I A

HIGHLIGHTS

  • LO Funds – Global Responsible Equity is a long-only systematically managed core Global equity strategy launched in March 2017. It aims to preserve balanced exposure to factor premia while making a meaningful, positive impact from an Environmental, Governance and Social (ESG) perspective. It invests in securities within the MSCI World Index and seeks to offer better risk adjusted returns than the benchmark over the long-term.
  • The investment approach seeks to offer a transparent, systematic and dynamic process combining: i) an exclusion of the least responsible and riskiest companies, ii) favoring within each sector responsible companies engaged in ethical businesses, scoring well using a proprietary ESG measurement approach – one that focuses on tangible results – and low carbon emitters, iii) a multi-factor equal exposure proprietary approach focusing on Value, Quality, Momentum, Low Risk and Small Size to identify financially attractive firms. It systematically screens for the best responsible companies with strongest financial and business fundamentals with potential for future growth along with the most attractive valuations and market trends. Stocks weighting are therefore based on Responsible & Financial scoring of each company within each sector. The resulting portfolio has a controlled tracking error of 2-3%, neutral sector and region allocation versus the benchmark.
  • The portfolio typically holds around 350 stocks and is rebalanced on a quarterly basis. Risk management is performed by fund managers at a portfolio level, alongside independent teams who oversee investment, counterparty and operational risks.

MANAGERS

Manager Profiles

Nicolas Mieszkalski Genève Investment Management (Systematic Equities & Alternatives)

Nicolas is a portfolio manager in the Systematic Equities & Alternatives team at Lombard Odier Investment Managers (LOIM), responsible for the global investment activities. He co-manages the equity systematic  Read more

Alexey Medvedev Genève Investment Management (Systematic Equities & Alternatives)

Alexey Medvedev is a portfolio manager in the Systematic Equities & Alternatives team, managing the global and emerging equities strategies at Lombard Odier Investment Managers(LOIM) He joined the firm  Read more

GENERAL INFORMATION

Overview

Asset Class Equities
Category Global
Share Class reference currency USD
Benchmark MSCI World ND USD
Dividend Policy Accumulated

Latest Data

Performance YTD 2.09% 16.01.2020
Total Assets (all classes) in mn USD 57.65 31.12.2019
Assets (share class) in mn USD 7.15 31.12.2019
NAV (USD) 12.69 16.01.2020
Highest - Last 12 months 12.69 16.01.2020
Lowest - Last 12 months 10.89 17.01.2019
Number of positions 175 31.12.2019
TER 0.81% 31.03.2019

Cumulative Performance

 
Past performance is not a guide to future performance. The performance data do not take account of the commissions and costs incurred on the issue and redemption of units, performance is presented net of fees. The NAV of fund units and official prices of benchmarks are used for performance comparison purposes. Source of the figures: Lombard Odier.

PRICES

Period
(Earliest Date: 21.03.2017)
(Latest date: 16.01.2020)

Prices over selected period

Last USD 12.69 16.01.2020
First USD 10.00 21.03.2017
Highest USD 12.69 16.01.2020
Lowest USD 9.98 22.03.2017

PERFORMANCE & STATISTICS

Statistics (21.03.2017 - 16.01.2020) ¹

( Earliest Date : 21.03.2017)
Go
( Latest date : 16.01.2020)
Fund Benchmark
Total Return 26.93% 37.58%
Annualized Return 8.77% 11.90%
Annualized Volatility - -
Sharpe Ratio - -
Downside Deviation 8.41% 7.87%
Positive Months 71.43% 80.00%
Maximum Drawdown -14.58% -13.42%
Fund vs Benchmark
Correlation 0.985
R2 0.970
Alpha -0.25%
Beta 1.025
Tracking Error 2.08%
Information Ratio -1.305
Risk-Free Rate 1.98% Target Rate 1.98%
¹ Calculations based on monthly time series

Cumulative Performance

 
Past performance is not a guide to future performance. The performance data do not take account of the commissions and costs incurred on the issue and redemption of units, performance is presented net of fees. The NAV of fund units and official prices of benchmarks are used for performance comparison purposes. Source of the figures: Lombard Odier.

BREAKDOWNS

Period

Top 10 (in %)

Apple Inc
2.80%
Microsoft Corp
2.60%
Merck & Co. Inc.
1.70%
Starbucks Corp
1.70%
Wilmar International Ltd
1.60%
Nestlé
1.50%
AT&T Inc
1.40%
Bristol-Myers Squibb Co
1.40%
Fortescue Metals Group Ltd
1.40%
Dentsply Sirona Inc
1.30%

Sectors (in %)

Information technology
16.80%
Financials
15.80%
Health care
12.50%
Consumer discretionary
11.10%
Industrials
10.40%
Consumer staples
8.40%
Communication services
8.30%
Others (liquid assets incl.)
7.40%
Energy
4.80%
Materials
4.60%

Countries (in %)

United States
63.40%
Others
10.30%
Japan
5.10%
Switzerland
5.10%
Australia
4.00%
Canada
3.30%
Germany
3.30%
Italy
2.90%
United Kingdom
2.00%
Liquid assets
0.70%

Currencies (in %)

USD
64.25%
EUR
9.81%
JPY
5.08%
CHF
5.06%
AUD
4.01%
CAD
3.33%
Others
3.12%
GBP
1.96%
SEK
1.72%
DKK
1.61%

SECURITY NUMBERS

Dealing

Subscriptions and redemptions frequency Daily
Subscriptions and redemptions cut-off day T-1
Subscriptions and redemptions cut-off time 15:00 CET
Subscriptions and redemptions settlement date T+2
NAV valuation point T
NAV calculation day T+1
NAV calculation frequency Daily
Minimum Investment CHF 1'000'000 or eq
Management Fee 0.60%
Distribution Fee 0.00%

Security Numbers

BLOOMBERG LOGREIA LX
ISIN LU1577890582
SEDOL GBBDHBLM5
TELEKURS 35879545

Share Quotation

Electronic Media

DOCUMENTATION

Professional investors only Date DE EN FR
Newsletter IM - Professional 30.11.2019    
Reporting Date DE EN FR
Fact Sheet (marketing document) 31.12.2019
Performance Review 31.12.2019
Legal Documents Date DE EN FR
Articles of incorporation 21.03.2019    
Notice to Shareholders 17.04.2018  
Notice to Shareholders 05.02.2019    
Notice to Shareholders 21.02.2019    
Notice to Shareholders 12.03.2019    
Notice to Shareholders 10.12.2018    
Notice to Shareholders 30.01.2018    
Key Investor Information Document 23.04.2019
Prospectus 09.09.2019
Annual Report 30.09.2018
Semi-Annual Report 31.03.2019
Sicav article of incorporation 21.03.2019