LO Funds
TerreNeuve

ISINLU1858043562

General information

Asset Class Alternatives
Category -
Share Class reference currency CHF Hedged
Dividend Policy Accumulated
Total Assets (all classes) in mn CHF 48.96 30.06.2020
Assets (share class) in mn CHF 0.89 30.06.2020
Number of positions - -
TER 1.85% 31.03.2020

Documents

KIID
Prospectus
Fact Sheet (marketing document)
Newsletter IM - Professional
Reasons to invest (Retail)

Risk rating

Lower risk Higher risk
1
2
3
4
5
6
7
Typically lower reward Typically higher reward

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.

Performance & statistics

Fund
Total Return -3.76%
Annualized Return -2.06%
Annualized Volatility -
Sharpe Ratio -
Downside Deviation 7.28%
Positive Months 47.83%
Maximum Drawdown -15.57%
*  Risk-Free Rate -0.82% Target Rate -0.82%
Calculations based on monthly time series
Earliest Date: 04.09.2018, Latest date: 02.07.2020

Highlights

  • LO Funds – TerreNeuve is a fundamental, market neutral, global equity long/short strategy with a sustainability focus that launched in September 2018.The Fund operates with an absolute return approach that aims to deliver uncorrelated, high single digit net returns p.a. with a relatively low volatility target. The strategy will be run with the same established and consistent investment strategy implemented by the Portfolio Manager over the past nine years. The Portfolio Manager is supported by two Senior Analysts, one of which he has worked with for ten years and the other has over twenty years of investment experience.
  • The investment team employ a sector specialist approach, focusing on Consumer Staples, Consumer Discretionary, Materials and Medtech. The team carry out deep, fundamental, bottom up analysis which looks at gauging all significant long-term drivers of company valuation, including less tangible environmental, social and/or governance factors. The team has also developed a proprietary sustainability rating system which forms an integral part of idea generation/investment process. In covering their sectors for decades the team have developed a strong network, with company management interaction a key element of the their decision making process.

Breakdowns

MONTHLY GROSS PERFORMANCE CONTRIBUTION (%)

Long 0.00%
Short 0.00%
Others 0.00%

PORTFOLIO EXPOSURE (in % NAV)

LMV 0.00%
SMV 0.00%
NMV 0.00%
NMV Beta-adj 0.00%
GMV 0.00%

EXPOSURE BY STRATEGY (in % GMV)

Consumer discretionary 0.00%
Consumer staples 0.00%
Materials 0.00%
Medtech 0.00%

EXPOSURE BY REGION (in % GMV)

Europe 0.00%
North-America 0.00%
Asia 0.00%
Latam/Africa/ME 0.00%
Multi-Region 0.00%

Managers

Arnaud Langlois 1798 Platform (Portfolio Manager)
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Cyrus-Mael Azarmgin 1798 Alternatives
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Andrew Gowen 1798 Alternatives
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Security numbers

Dealing

Subscriptions and redemptions frequency Weekly (Wednesday)
Subscriptions and redemptions cut-off day T-3
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 million
Management Fee 1.50%
Distribution Fee 0.00%
Performance Fee 20% of the outperformance / High watermark

Security Numbers

BLOOMBERG LTSHCNA LX
ISIN LU1858043562
SEDOL GBBFFYFK6
TELEKURS 42786506

Prices

Export

Prices over selected period

Last CHF 0.00 02.07.2020
First CHF 0.00 04.09.2018
Highest CHF 0.00 21.09.2018
Lowest CHF 0.00 16.03.2020
* Earliest Date: 04.09.2018, Latest date: 02.07.2020

Documents

Professional investors only

Newsletter IM - Professional
31.05.2020

Reporting

Performance Review
31.05.2020
Fact Sheet (marketing document)
31.05.2020

Legal Documents

Notice to Shareholders
03.06.2020
Semi-Annual Report
31.03.2020
Key Investor Information Document
10.02.2020
Prospectus
17.01.2020
Annual Report
30.09.2019
Articles of incorporation
21.03.2019

Retail investors

Reasons to invest (Retail)
14.11.2019