Alken Absolute Return Europe EU1 EUR

The objective of the portfolio is to provide capital growth and aim for a positive absolute return over long term period through long and short market exposure in the European markets primarily in equities or related derivative contracts. The Share class aims to typically deliver absolute (more than zero) returns in each year, although an absolute return performance is not guaranteed and over the short-term it may experience periods of negative return and consequently the Share class may not achieve this objective. The Share class will have flexible net exposure to equity markets by taking long and short exposures on European equities primarily through the use of transferable securities, linear financial derivatives delta one (i.e. non optional, derivative instruments like contracts for difference (CFD) and portfolio swaps) and index futures. The strategy will seek to gain market exposure primarily on equities and equity related securities of companies that are headquartered, domiciled in Europe or conduct a preponderant part of their activity in Europe. At least 90% of its net assets (excluding cash, derivatives or any such non-applicable instruments) will promote E/S characteristics according to the investment process and to the ESG policy of the Investment Manager Alken Asset Management Ltd. The Sub-Fund's investment process is supported by a proprietary investment model which combines financial and non-financial analysis. Covering the four key ESG themes: environment, social, governance and human rights, the responsible investing approach is based on global criteria with quantitative and qualitative rating, recommendations and ranking of the companies, irrespective of their sectors, capitalizations, or financial ratings. The responsible investing approach assessment is based both on the asset manager's proprietary ESG analysis and on information gathered from external ESG providers. The portfolio will contain a long exposure to a limited selection of securities

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No