GAM Star Capital App. US Equity Inst GBP

Investment Objective The investment objective of the Fund is to achieve long term capital appreciation comparable to public equities with lower downside volatility, by emulating certain investment themes of traditional US private equity ("PE") funds focused on leveraged buyouts. Investment Policy The Fund seeks to achieve this objective through (i) a US Equity portfolio component comprised of U.S. listed companies with company characteristics similar to those selected by PE including but not limited to factors such as profitability, cash flow, value, beta; and (ii) a hedge portfolio component comprised of financial derivatives with the goal of limiting the downside volatility of the US equity portfolio component.The Fund seeks to limit downside volatility through diversified hedging strategies (whether in-house built strategies or third party Quantitative Investment Strategies products) via long or short exposure through index derivatives across a diversified set of asset classes such as global equities, fixed income issued by corporate, governments or supranational organisations and which may be below investment grade, credit, commodities and foreign exchange.The Fund is considered to be actively managed in reference to the Russell 2500 Index (the "Benchmark") by virtue of the fact that it uses the Benchmark for performance comparison purposes. While the Fund may hold positions in constituents of the Benchmark, it is not constrained by it in terms of portfolio composition, sector weightings, or risk exposures.The use of financial derivatives is a core part of the investment strategy, and the Fund may, at any one time, be principally invested in financial derivatives. The use of such derivatives may give rise to notional exposure significantly in excess of the net asset value of the Fund. While the notional exposure of the Fund may be substantial particularly for certain derivative strategies, it does not directly equate to the Fund's market risk exposure which wil

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No