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Candriam Index Arbitrage Classique EUR

Ranked 30 out of 73 in - Market Neutral over 12 months
All calculations are in EUR unless stated

Managed by

Sébastien De Gendre

Sébastien de Gendre has been a fund manager at Candriam since 2016. Before joining Candriam, he worked as a structured derivatives trader assistant at Société Générale and then in equity option trading at Natixis. He holds a master’s degree from Toulouse Business School.

Olivier Rose

Olivier Rose has been a fund manager at Candriam since 2012. He began his career in 2010 at HSBC, working as an equity derivatives structurer. Two years later he moved to Candriam to take up his current position. Rose holds a master’s degree in science and executive engineering from the École des Mines de Paris.

Emmanuel Terraz

Emmanuel Terraz has been deputy head of alternative strategies at Candriam since 2013. He began his career as an index arbitrage trader at Société Générale in 1997, moving to Barclays Capital three years later to be head of index arbitrage. In 2003 he joined Candriam as head of index arbitrage management, and became head of quantitative alternative strategies in 2009. He took up his current position in 2013. Emmanuel holds engineering degrees from the Ecole Polytechnique and the Ecole Supérieure d'Electricité, both in France. He also has a master in statistics from the University of Paris VII.

Romain Vermont

Romain Vermont has been a junior fund manager at Candriam since 2013. He began his career in 2011 in complex equity and hybrid trading at UBS Investment Bank and then in quantitative analysis at Alken Asset Management in London. Vermont holds master’s degrees in statistics from ENSAE ParisTech and in finance from HEC Paris.

Objective

The fund aims to outperform, over a recommended minimum investment period of 3 years, the index EONIA capitaliseds, mainly by implementing arbitrage strategies on equities and / or indices. The fund has an annualized volatility target lower than 5%. The dynamic strategy of the fund is a market-neutral equity strategy. The Manager will use discretional statistical arbitrage strategies by implementing a quantitative analysis refined through a qualitative analysis. The currency risk of the fund is generally covered through forward exchange instruments.

Showing fund performance in Denmark View performance globally

Performance

Market Neutral over : 30/09/2017 - 30/09/2018
  • Rank 30/73 Total Return
  • Rank 4/73 Standard Deviation
  • Rank 6/73 Max Drawdown

Total Return

Quarterly Performance

to 30/09/2018 Annual Q1 Q2 Q3 Q4
2018 -0.2% -1.0% 0.5%
2017 0.5% -0.2% 0.0% 0.5% 0.2%
2016 1.0% -0.1% 0.4% 0.0% 0.8%
2015 0.1% 0.2% -0.2% 0.2% 0.0%
2014 -0.4% 0.0% 0.3% -0.1% -0.6%
2013 1.4% 0.5% 0.1% 0.2% 0.6%
2012 0.9% 0.6% 0.3% 0.3% -0.4%
2011 2.1% 0.6% 0.8% 0.4% 0.3%
2010 1.5% 0.5% 0.5% 0.4% 0.2%
2009 3.0% 1.7% 0.8% 0.4% 0.1%
2008 5.6% 1.2% 1.6% 1.3% 1.4%
2007 6.0% 1.6% 1.4% 1.7% 1.2%
2006 4.1% 0.1% 1.7% 0.8% 1.6%
2005 2.5% 1.1% 0.3% 0.9% 0.2%
2004 3.2% 0.4% 0.6% 1.1% 1.0%
2003 1.3%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Austria
  2. Finland
  3. France
  4. Germany
  5. Ireland
  6. Italy
  7. Luxembourg
  8. Netherlands
  9. Spain
  10. Switzerland
  11. United Kingdom

Fund Info

  • Launch date09/09/2003
  • Share Class size331Mn
  • Base currencyEUR
  • ISIN FR0010016477

Purchase Info

  • Min. initial investment0
  • Min. regular additional investment0

Charges

  • Annual management0.50%
  • Initial investment0.50%

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