ALPORA INNOVATION EUROPE
The investment objective of this fund is to achieve capital appreciation by investing in shares of innovative European companies (incl. Switzerland) or those that have the predominant part of their economic activities in Europe.
All companies that have a proven innovation capability qualify for the stock selection. The evaluation criteria include different quantitative aspects, such as R& D spending. The relevant factors are continuously adapted to the latest research results.
The ALPORA Innovation Europe Fund was set up in October 2014 and invests in European stocks. The fund is denominated in euros (EUR). Parallel to this, a CHF-tranche is available.
The portfolio selection is based on the ALPORA method, which values innovative corporations according to their innovation efficiency. The innovation efficiency of the companies leads to higher returns, which essentially has a positive impact on stock prices of the corresponding companies. This analytical approach is based upon academic research, encompassing solely quantitative criteria. Stocks are selected in a three-stage process using a large number of measurable innovation indicators. In a further stage, AMG analyses the financial strength of the companies selected, and picks the 30 strongest stocks. Common valuation criteria for this selection are of secondary importance, meaning that companies in early growth stages may also be considered.
The investment objective of the fund is to outperform the MSCI Europe Total Return Index benchmark. The market risk may be reduced by holding up to 20% cash.
The ALPORA Innovation Europe Fund is suitable for private as well as professional investors. The fund is essentially suitable for investors with a long-term investment horizon. Subscriptions and redemptions in the fund are settled through the custodian bank each day at the NAV in EUR or CHF.
|Fund Management||LB(Swiss) Investment AG, Zürich|
|Depositary Bank||Bank J. Safra Sarasin AG, Basel|
|Trust Administration||AMG Fondsverwaltung AG, Zug|
|Fund Category||Swiss Securities Fund|
|Administration Fee||max. 1%|
|ISIN, Valor (EUR Tranche)||CH0248877885, 24887788|
|ISIN, Valor (CHF Tranche)||CH0302271066, 30227106|
|Comparison Index||MSCI Europe Total Return|
|Tranche A NAV||EUR 1'848.38|
|Performance (YTD)||+24.0 %|
|Performance (seit Okt 2014)||+84.8 %|
|Tranche B NAV||CHF 2'000.14|
|Performance (YTD)||+23.8 %|
|Total Assets (Mio.)||EUR 105.5|