Eleva Absolute Return Europe I2 Cap EUR

The Sub-Fund seeks to achieve a positive absolute return over the medium term through capital growth by investing primarily in listed European equities and equity related securities on both a long and short basis following an active investment strategy. Using this strategy, the Sub-Fund will invest in or take both long and short exposures (through FDIs) primarily to listed and equity-related securities (which may include, but are not limited to, convertible securities) and warrants of issuers from any economic market capitalization. The Sub-Fund is allowed to invest up to 50% of its net asset value in bonds. The Sub-Fund promotes a combination of ESG characteristics, integrates binding ESG criteria in its investment strategy (long and short invested pockets) and falls under Article 8 of SFDR. The main non-financial objective of the Sub-Fund is to invest, on a long basis, in companies with good ESG practices (i.e. best in universe) or companies that are on an improving path regarding ESG practices (i.e. best efforts) while excluding companies that would not have a minimum absolute ESG score (40/100). At the same time, the Sub-Fund does not short any company with excellent ESG practices (i.e. with an ESG score > 80/100). The methodology used for ESG selectivity is the following: the long invested pocket of the Sub-Fund must have a weighted average ESG score superior to the average ESG score of its initial investment universe. For the long invested pocket, the Management Company will seek to invest in companies which it considers to have attractive growth prospects over a 3 to 5 year period not reflected in its current trading price or which have low valuation multiples that have the potential to revert to the mean over time. For the short invested pocket, the Management Company will seek to focus on three particular types of opportunities: companies where it considers there to be a disconnect between the credit and the equity market perception of the fundamentals of t

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No