E.I. Sturdza Strategic Management Limited
EI Sturdza Strategic Management Limited: Eric Sturdza Investments: Successful Europe equity fund is renamed while maintaining its investment process
DGAP-News: EI Sturdza Strategic Management Limited
/ Key word(s): Funds/Miscellaneous
Eric Sturdza Investments: Successful Europe equity fund is renamed while maintaining its investment process Frankfurt, 08.12.20 – The Strategic European Smaller Companies Fund (the “Fund”) from Eric Sturdza Investments will in future be managed under the name Strategic European Silver Stars Fund. The Fund’s liquidity terms have been improved, enabling investors to trade on a daily, rather than weekly basis, with one day’s notice for subscriptions and five days’ notice for redemptions, increasing flexibility for investors. The Fund’s market capitalisation constraints have also been removed, but there are no changes to the investment process or how the Fund is managed. The bias towards small and mid-cap companies is a result of the investment team’s fundamental 360-degree private equity style proprietary research rather than any restriction in the mandate and as such the bias will be retained. ‘High Conviction & Concentration’ and ‘Discipline & Prudence’ remain the pillars of the investment philosophy. Eric Sturdza Investments, which has EUR 2.3 bn assets under management, made the updates to closer align the prospectus with the Fund. The Fund’s name is being changed to the Strategic European Silver Stars Fund. The new name references the Alpine Edelweiss or ‘Silver Star’ flower, which traditionally grows in unforgiving conditions at very high altitudes. The little white flower is a symbol of bravery and perseverance for those able to seek it out and embodies the ESG beliefs of the manager. The Edelweiss flower grows in very specific parts of the Alpine region where the localised conditions meet its exacting requirements, in a similar way to how the Fund’s investment team select their investments. The Alpine region also straddles the countries where many of the Fund’s investment ideas are sourced, with companies in France, Switzerland, Italy, Austria and Germany typically representing more than half of the portfolio. “We have always prided ourselves on finding lesser known investment ideas via a detailed fundamental research process, searching beyond the familiar paths and themes to build a differentiated portfolio that can thrive over the long term, surviving even the harshest market environments.” explains Bertrand Faure, Portfolio Manager of the Fund. About E.I. Sturdza Funds plc Strategic European Silver Stars Fund About E.I. Sturdza Please find more information on https://ericsturdza.com/ Press Contact
08.12.2020 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. |
Language: | English |
Company: | EI Sturdza Strategic Management Limited |
Sarnia House, Le Truchot | |
GY1 1GR St Peter Port | |
Guernsey | |
Phone: | +44 1481 722 322 |
Fax: | +44 1481 710 884 |
E-mail: | info@eisturdza.com |
Internet: | www.eisturdza.com |
EQS News ID: | 1153648 |
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