Sycomore Partners AD C/D EUR

The FCP aims to achieve a significant return over a minimum recommended investment horizon of five (5) years through a careful selection of European and international equities and an opportunistic and discretionary variation in the portfolio's exposure to equity markets. The FCP has no benchmark, as there are none that are representative of its investment strategy. Stock-picking draws on an in-depth analysis of fundamentals to identify quality companies which are undervalued, i.e. the stock-market price does not represent the estimated intrinsic value of the company, without any sector or market capitalisation restrictions for the targeted companies. The portfolio can therefore be up to 100% exposed to small or mid cap companies (below one (1) billion euros). European equities, including Switzerland and the United Kingdom, may represent up to 100% of the net assets. Equities issued in other global markets may represent up to 20% of the net assets, emerging markets equities are however not eligible to be present in the FCP's assets. Global exposure to equity markets can range from 0% to 110%, with the portfolio nonetheless remaining, on a constant basis, at least 75% invested in instruments qualifying for the French personal equity savings plans (PEA). In addition to direct equity investments, the FCP may invest in the following financial instruments primarily in order to manage portfolio exposure to equity markets: (1) Public or private money market instruments, with a credit rating of at least AA by the rating agencies (up to 25% of net assets). (2) Financial futures traded on regulated and/or over-the-counter markets to hedge or increase the exposure of the portfolio to equity markets, and to optimise its cash management. (3) UCITS that aim to achieve a money market-like return (up to 10% of net assets).

PIR compliant

No

PEA compliant

Sì

PEA-PME compliant

No