Our funds
Elan France Bear
Net Asset Value
106.68 €
(19/06/2024)
AUM (fund)
39.7 M €
(19/06/2024)
Performance
-0.51 %
(YTD) (19/06/2024)
Recommended investment horizon
5 years
Risk scale
5/7
Investment objective
Elan France Bear is an index feeder FCP (unincorporated investment fund) of the R-co Sérénité PEA fund. Along with its investment in the master fund, Elan France Indice Bear sells CAC 40 index futures for the equivalent of its assets. Its key features are: - a performance that matches the inverse of the performance of the CAC 40 Index - total liquidity: the portfolio's composition allows strong subscription and redemption flows to be easily absorbed -the fund is eligible for PEAs (Equity saving schemes) The objective of Elan France Indice Bear is to replicate the inverse of moves on the CAC 40 index. It allows investors as and when to hedge a French equity portfolio without selling stock. The fund capitalises income. The daily volatility of the Cac 40 index influences the fund's performance.
Change in Net Asset Value
Past performance does not indicate future performance, and is not constant over time. Performance indicated is net of fees, calculated in the reference currency of the unit.
Performance by calendar year
This chart shows the fund’s performance as the percentage loss or
gain per year over the last 10 years against its benchmark.
It can help you to assess how the fund has been managed in the past and compare it to its benchmark
Inception date of the unit/share :
26/05/1989
Past performance is not a reliable indicator of future performance. Markets could develop very differently in the future. It can help you to assess how the fund has been managed in the past. Performance is shown after deduction of ongoing charges. Any entry and exit charges are excluded from the calculation.
* Benchmark:. from inception on 13/02/13: Cac 40® inverse. from 13/02/13: CAC 40® Short. The Fund’s change of status from AIF to UCITS on 16 June 2020 should also be noted.
Performance as of 19/06/2024
| Cumulative performance | Annualised performance | |||||||
|---|---|---|---|---|---|---|---|---|
| 10 years | 5 years | 3 years | 1 year | YTD | 1 month | 10 years | 5 years | 3 years |
| -70.05% | -47.35% | -22.99% | -2.09% | -0.51% | 7.25% | -11.35% | -12.03% | -8.32% |
| -68.21% | -45.11% | -20.91% | -0.58% | -0.02% | 7.25% | -10.82% | -11.29% | -7.51% |
Elan France Bear C EUR
100% CAC 40 ® Short GR
Past performance does not indicate future performance, and is not constant over time. Performance indicated is net of fees, calculated in the reference currency of the unit.
Risk indicators as of 19/06/2024
| Volatility | Ratios | ||||
|---|---|---|---|---|---|
| Fund | Reference index | Tracking-error | Information ratio | Sharpe ratio | |
| 1 year | 13.99% | 13.87% | 0.35% | -3.9906 | -0.5594 |
| 3 years | 16.60% | 16.60% | 0.58% | -1.0694 | -0.5987 |
Summary Risk Indicator
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Lower risk
Higher risk
Managers
Yann Roux
Fixed Income Portfolio Manager Specialisation: Money Markets & Short-Term Credit
See biography
Features
- ISIN code : FR0000400434
- Legal form : Unit Trust
- AMF Classification : No AMF Classification
- Inception date : 26/05/1989
- Management company : Rothschild & Co Asset Management
- Custodian : Rothschild Martin Maurel
- Dividend Policy : Accumulation
- Reference indicator : 100% CAC 40 ® Short GR
- Valuation : Daily
- Latest time for subscriptions-redemptions : 10:00am
- Applicable Net Asset Value : Next NAV
- Settlement (Settlement date) : NAV + 2
- Minimum initial subscription : 1 share(s)
- Subsequent subscriptions : 1/1000th share(s)
- Management fees (maximum) : 0.25%
- Entry fee (maximum) : 3%
- Exit fee (maximum) : None
- Performance fee : None