MFM Global Thematic L/S UCITS is a multi-thematic Long/Short equity strategy. It invests in growing themes by buying companies globally. The Investment Manager will identify core themes that he considers offer attractive long-term investment opportunities to shareholders. The themes will change from time to time. The objective is to generate a better risk/reward than investing in global equities. The strategy is value driven, qualitative, non-benchmarked and has a low turnover. The derivative instruments will be generally used to gain a short exposure to certain equities or equity related securities while the long exposure will be achieved through direct investment in the targeted securities. Main investment constraints are that the fund has to be net long, with a maximum exposure of 50% to Emerging Markets and a minimum exposure of 50% gross equity invested. Historically, the fund has not been using much leverage.
Inception date: December 23rd 2014
AuM: USD 48.2 million
Firm AUM: USD 1,115 millon
Sharpe ratio: 0.25
1 month performance: 3.27%
3 month performance: 4.79%
12 month performance: 2.14%
YTD performance: 17.89%
Ann. perf. since inception: 3.68%
(All data as of June 30th 2016)
Mr. Dawance worked at Merrill Lynch and Lehman Brothers in London and Zurich as Director in the Equity division. He Co-founded Global-Cap SA in 2006 where he has been managing a similar Fund in a Cayman format. MFM Mirante Fund Management bought Global-Cap SA and Mr. Dawance relaunched his fund in a UCITS format there in 2014. Alexis Dawance studied at HEC Lausanne in Finance and Economics and is a regular speaker on Bloomberg TV and CNBC.
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