enEnglischEquity Investment Solutions
Our equity solutions focus exclusively on companies with superior value creation for shareholders and serve different risk/return appetites for different investment horizons.
Funds Overview
Definition of Risk
Stable Equity Fund:
Risk is defined as share price volatility and temporary price drawdowns.
Risk
is defined as deteriorating Fundamental Returns (value creation) and business
prospects.
Risk is not defined as share price volatility or temporary price drawdowns.
Overview of Equity Funds & Methodologies
Investment Frameworks
Short-Term
Short-Term Equity Risk Management
Framework to identify, quantify and specifically steer market, factor and company specific risk according to the respective investment objective.
as of 06/2023
in Abaris Stable Equity
Mid-Term
Macroeconomic Analysis
Adjusting
the portfolio according to the macroeconomic outlook based on the quantity equation.
as of 06/2023
in Abaris Stable Equity
Long-Term
Fundamental Return Concept
Logic
that equity returns of individual companies always follow their fundamental
value creation in the long-term.
Long-Term
Collective Investment Intelligence
Systematic
analysis of the equity positions of the world’s best investors based
on
mandatory regulatory filings.
Applied Frameworks
Stable Equity Investment
Our stable equity solution addresses investors who are sensitive to drawdowns as well as short-term price fluctuations and who seek stable, positive price returns on a calendar year basis.
Stable Equity Fund (> 3 Years)
- Investment objective: stable equity returns and attractive risk-adjusted performance
- Target companies: fundamentally defensive companies from all sectors
- Market cap: all caps, focus on large caps
- Recommended holding period: > 3 years
- Investment in quality companies with low drawdowns and low volatility
Stable Equity Fund
Ø 50% Hedge *
Value
Segment
Cash /
Oppertunities
Defensive
Sectors
Large Cap
Quality Growth
Equity Growth Investments
Our growth oriented equity solutions address investors who invest for the long-term based on fundamental data with an investment horizon of more than 5 years and who seek superior long-term equity returns.
Equity Growth Fund – Defensive (> 5 Years)
- Investment objective: attractive long-term returns and asymmetric payout profile (higher upside than downside participation)
- Target companies: high growth companies and quality growth companies from defensive sectors
- Market cap: all caps, focus on small to mid caps
- Recommended holding period: > 5 years
- Attractive long-term return potential with reduced volatility (relative to the offensive equity growth funds)
Defensive
Growth Fund
Ø 50% Hedge *
Tech
Sector
Biotech
Sector
Defensive
Sectors
Permanent
Market
Hedge
Equity Growth Funds – Offensive (> 7 Years)
- Investment objective: exceptional long-term returns
- Target companies: high growth companies
- Market cap: micro-, small- and mid caps (long runway for growth)
- Recommended holding period: > 7 years
- Exceptional long-term return potential with phases of high price volatility
Technology
Fund
Long only
Biotechnology
Fund
Long only
Emerging Markets
Fund
Ø 30% Hedge *
Fixed Income Investment Solution
With regard to the bond market, we follow a quantitative investment approach to identify and benefit from investment opportunities resulting from structural and lasting market inefficiencies. Our fixed income solution applies a proprietary credit risk software to assess the quality of approximately 34,000 bonds per day and to identify current "mispricings“.
Inception of Bond Fund & Investment Frameworks
Corporate Bond Fund – Conservative
- Investment objective: bond investment avoiding defaults due to a fast acting and proven risk management system
- Strategically short duration of 2-3 years
- Strategic average rating: investment grade (A-BBB)
- High issuer diversification reducing counterparty risk: currently > 125 issuers
- Broadly diversified global corporate bond investment with superior and fast acting default risk management
Global
Corporate
Bond Fund
Currency Risk Hedged
* Values serve as a long-term average indication and shall not be interpreted as strict investment limits. Accordingly, the hedging quota can differ materially in the short- to medium-term.