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BANOR SICAV Italy Long Short Equity R

Ranked 115 out of 169 in - Long/Short Equity over 12 months
All calculations are in EUR unless stated

Managed by

Giacomo Mergoni

Giacomo Mergoni is a partner and CEO at Banor Capital Ltd based in London where he deals in European and North American equities using value, long-short and long only strategies. He launched Banor Capital in 2011 together with his partners having worked with the same team since 2001. Giacomo graduated from the University of Florence with a degree in Political Science and Economics and studied at LSE and Harvard Business School. He holds an Investment Management Certificate by the CFA. Outside of fund management Giacomo enjoys tennis, music and travel.

Objective

Banor Capital Ltd manages the investments of this Fund. We aim to provide you with annual positive returns, year on year. A positive return may not be achieved at all times. We mainly invest in shares and bonds issued by Italian companies that are dealt in on a stock exchange. We may also invest in such shares and bonds issued by European and American companies. A large proportion of the companies we invest in are medium size Italian companies. We also invest in non exchange traded financial instruments that provide us with influence from the movements in shares.

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Performance

Long/Short Equity over : 31/08/2017 - 31/08/2018
  • Rank 115/169 Total Return
  • Rank 101/169 Standard Deviation
  • Rank 83/169 Max Drawdown
Fund Name Currency Return
113 Threadneedle (Lux)-American Absolute Alpha AEH

Currency exposure is hedged

Currency exposure is hedged

EUR

-1.5%

114 BBVA Durbana IF BBVA Alternative Solutions Fund EUR

-1.5%

115 Nomura Alpha Japan Long Short A EUR EUR

-1.7%

115 BANOR SICAV Italy Long Short Equity R EUR

-1.7%

117 JPM Europe Equity Absolute Alpha A (perf) Acc EUR EUR

-1.7%

Fund Name Currency Risk
99 AB SICAV I-Select Absolute Alpha Pf S EUR H

Currency exposure is hedged

Currency exposure is hedged

EUR

6.3

100 Candriam Abs Rtn Syst Long Short Equity I Cap EUR EUR

6.5

101 BANOR SICAV Italy Long Short Equity R EUR

6.5

102 LOF - Fundamental Equity L/S Sys.Hdg.Seed (EUR) MA

Currency exposure is hedged

Currency exposure is hedged

EUR

6.5

103 UBS (Irl) Inv Sel - Equity Opp L/S Fd I-B-a EUR

6.6

Total Return

Quarterly Performance

to 30/06/2018 Annual Q1 Q2 Q3 Q4
2018 0.9% 0.2%
2017 5.1% 3.4% 0.9% 2.7% -2.0%
2016 -0.8% -6.3% -0.9% -0.7% 7.6%
2015 4.7% 11.0% -1.9% -0.5% -3.3%
2014 4.4% 5.8% 3.3% -0.7% -3.8%
2013 15.8% -1.3% 2.8% 10.3% 3.5%
2012 10.6% 8.9% -11.0% 11.3% 2.5%
2011 -8.6% 2.6% -2.4% -9.2% 0.5%
2010 0.0% -2.8%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

30/06/2018

Top 10 Holdings

Stock Size
EUR Cash 19.39%
USD Cash 9.11%
Eni SpA ORD 8.44%
Enel SpA ORD 6.31%
Germany 4.250% 04-Jul-2018 4.84%
Germany 3.750% 04-Jan-2019 4.14%
Italy 0.000% 28-Sep-2018 3.98%
Saipem SpA ORD 2.88%
UniCredit SpA ORD 2.65%
Intesa Sanpaolo SpA ORD 2.64%
30/06/2018

Registered For Sale In

  1. Italy
  2. Luxembourg

Fund Info

  • Launch date30/06/2010
  • Share Class size16Mn
  • Base currencyEUR
  • ISIN LU0510654410

Purchase Info

  • Min. initial investment1,000
  • Min. regular additional investment0

Charges

  • Annual management2.00%
  • Initial investment0.00%

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).