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Exane Funds 1 - Ceres A

Ranked 19 out of 73 in - Market Neutral over 12 months
All calculations are in EUR unless stated

Managed by

Charles-Henri Nême

Charles-Henri Nême is deputy CEO and portfolio manager at Exane. Nême has over 27 years of professional experience, including 13 years of experience in financial analysis, notably at Barclays and Exane. While his core expertise is in the media sector, he has also covered the retail, IT services and utilities sectors. In 2003, he switched to alternative long/short fund management as one of the two founders of MONAM before joining Exane Asset Management in 2007 to launch the Exane Ceres fund. In 2013, he became deputy CEO.

Objective

The Fund seeks to achieve long-term capital growth by investing primarily in European equities from the consumer, retail, media and business services sectors, with significant hedging of market risks. The fund is open to all investors especially institutional investors. The investment strategy consists of: simultaneously manage a portfolio of purchase positions on undervalued companies and a portfolio of long positions on companies deemed to be overvalued. These transactions are an arbitrage technique to reduce the Fund's exposure to market risk or specific sector risk.

Showing fund performance in Denmark View performance globally

Performance

Market Neutral over : 30/09/2017 - 30/09/2018
  • Rank 19/73 Total Return
  • Rank 7/73 Standard Deviation
  • Rank 4/73 Max Drawdown
Fund Name Currency Risk
6 Exane Funds 1 - Templiers A EUR

1.6

7 Exane Funds 1 - Ceres A EUR

1.6

8 Exane Pleiade Performance P EUR

1.7

8 DCI Market Neutral Credit UCITS B EUR Founder

Currency exposure is hedged

Currency exposure is hedged

EUR

1.7

Fund Name Currency Loss
2 Man GLG Alpha Select Alternative IL H EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

-0.4%

3 Renta 4 Pegasus R, FI EUR

-0.7%

4 Exane Funds 1 - Ceres A EUR

-0.9%

5 GAM Star (Lux) European Alpha C EUR EUR

-1.1%

6 Candriam Index Arbitrage Classique EUR EUR

-1.2%

Total Return

Quarterly Performance

to 30/09/2018 Annual Q1 Q2 Q3 Q4
2018 0.7% 0.4% 0.1%
2017 2.3% 1.9% 1.2% -0.6% -0.1%
2016 2.8% 1.7% 0.8% 0.7% -0.3%
2015 7.1% 3.9% 0.6% 0.9% 1.5%
2014 2.5% 0.0% 1.3% -2.2% 3.5%
2013 2.6% 2.1% -1.8% 1.1% 1.2%
2012 5.6% 2.3% 0.5% 1.3% 1.4%
2011 2.4% -1.1% 1.6% 0.8% 1.0%
2010 9.2% 3.1% 0.8% 2.4% 2.6%
2009 9.7% 2.6% 1.3% 3.6% 1.9%
2008 8.9% 2.6% 2.5% 1.1% 2.3%
2007 2.7% -0.8% 0.6%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. France
  2. Italy
  3. Luxembourg
  4. Switzerland

Fund Info

  • Launch date28/02/2007
  • Share Class size672Mn
  • Base currencyEUR
  • ISIN LU0284634564

Purchase Info

  • Min. initial investment125,000
  • Min. regular additional investment0

Charges

  • Annual management2.00%

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