Alessia – Absolute Return Macro

The sub-fund seeks positive return with relative low volatility and limited correlation to market cycles affecting traditional equity and fixed income markets.

The sub-fund is actively managed and is not managed in reference to a benchmark.

The sub-fund invests in equity markets, fixed income, corporate bonds, foreign exchange and related financial derivative instruments. In order to achieve its objectives, the sub-fund bases its investment decisions on detailed analysis and research. The aim of the research is to look for unbalances in interest rates, equity values, foreign exchange rates and credit prices that could be adjusted in the future. 

Cash is mainly invested in a diversified basket of equities and/or a basket of bonds and money market instruments.

Derivative financial instruments are used both for hedging reasons and to enhance portfolio return creating long and/or short exposures to various asset classes (equity, fixed income, currency, credit) and markets. The sub-fund will mainly use exchange traded derivatives. In order to enhance portfolio performance short term trading activities will be added to the normal asset allocation process.

Before investing in this fund, you should carefully read the Key Investor Information Document ("KIID"), the prospectus and all other relevant information, which are available free of charge on request to Pure Capital S.A. (tel: +352 26 39 86) or on its website www.purecapital.eu. The KIID is available in English and in at least one of the official languages of each country in which the sub-fund is authorized for marketing. The prospectus, the semi-annual report and the annual report are available in English.

Investors can obtain information about their rights on the link https://www.purecapital.eu/en/legal.html. A summary is available in French and English. 

Pure Capital S.A. may decide to cease the marketing of its undertakings for collective investment in accordance with Article 93 bis of Directive 2009/65/EC and Article 32 bis of Directive 2011/61/EU.

Past performance is not a reliable indicator of future results.