Fidecum AG
Fidecum AG: Five years track record – Fidecum SICAV – Contrarian Value Euroland (ISIN: LU0370217688)
Fidecum AG / Key word(s): Funds Five years track record – Fidecum SICAV – Contrarian Value Euroland Since inception on July 15th, 2008, Hans-Peter Schupp has proven in challenging markets that this actively managed portfolio can be an excellent tool for diversification when it comes to asset allocation of professional investors. This long only Euro-Zone equity fund has an offensive exposure currently. A beta of 1,2 and a tracking error of 8% sets the fund apart from many other rather defensive equity investments. Our investors are intrigued by the conclusive investment approach, which is non-susceptible to manipulation and highly transparent at the same time. They appreciate an overlay compatible investment product with well-founded performance patterns and positive alpha generation, which have helped to establish the fund in the top tier of Euro-Zone equity funds. Today, a.u.m. are at 125 m. EUR. The UCITS IV fund is registered for public distribution in Germany, Luxembourg, Austria and Switzerland. It is P.E.A. compliant in France. It’s performance of +20.6% since inception is way ahead of its benchmark, the EuroStoxx (Return) Index (+4.0%). Year to date the fund is up +9.2%, thus 2.5%-age points ahead of the benchmark. Klaus Kämmerer, Head of Service and Marketing says: ‘We attribute this satisfactory performance particularly to having consequently applied the proven investment approach throughout the cycle.’ Model-consistency and long term capital appreciation are the main objectives for portfolio manager Hans-Peter Schupp: ‘We will never guarantee outperformance, but we ensure the investor that a model consistent investment style will be applied at any time.’ Despite the market rally since the late summer of 2012 many stocks in the portfolio are still trading at substantial discounts vs. their fair values. Klaus Kämmerer notes: ‘The portfolio is trading at an almost historically low p/bv-multiple of 0,6 on average. This offers a tremendous upside potential for the fund in a further market recovery.’ The Fidecum team expresses its gratitude to our investors for having trusted in our work, sometimes even since inception of the fund. We are looking forward to continue trustfully working with you. Please do not hesitate to contact us for any further question. We are looking forward to your call or to your e-mail. Kind regards Klaus Kämmerer, Tel. +49 6172 6826 515, E-Mail: klaus.kaemmerer@fidecum.com Fidecum AG – fund manufacturors End of financial news 16.07.2013 Dissemination of a Corporate News, transmitted by DGAP – a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. DGAP’s Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de |
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