The fund combines all M&A and Event Driven strategies (both equity and credit) with a very opportunistic approach. Applying higher leverage and higher weightings on certain “strong conviction” trades. As a Non-UCITS fund, this fund does not comply with the UCITS limits (e.g. maximum 10% position level, 5% & 40% rule etc.) but diversification with a large number of positions and risk management remain key factors in the management of this fund.
This fund is restricted to “qualified” or “professional” investors only.
Share Class closed to subcriptions
| session | 3 years | 5 years | 10 years | Launch | |
|---|---|---|---|---|---|
| Accumulated Performance | 22.9% | - | - | - | 48.3% |
| Annualized Performance | 22.9% | - | - | - | 16.8% |
| % positive months | 91.7% | - | - | - | 80.6% |
| Perf. Monthly Average | 1.7% | - | - | - | 1.3% |
| Annualized Volatility | 4.5% | - | - | - | 5.7% |
| Sharpe Ratio | 4.2 | - | - | - | 2.1 |
| Drawdown Max | -1.1% | - | - | - | -4% |
This is a marketing communication. Past performance is no guarantee of future performance. The investment presents a risk of capital loss. Before any investment, please refer to the risks and various costs of each share class available in the prospectus and the KIDs.
Performances since inception in %
| January | February | March | April | May | June | July | August | September | October | November | December | Ytd Perf% | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.95% | 1.02% | -1.14% | 2.54% | 1.63% | 6.1% | |||||||
| 2025 | 1.44% | 2.45% | 1.23% | -3.96% | 3.84% | 4.38% | 2.58% | 1.03% | 2.6% | 1.13% | 1.6% | 1.53% | 21.48% |
| 2024 | -0.94% | -0.33% | 0.9% | 0.79% | 1.72% | -0.98% | 3.15% | 1.12% | -0.68% | 2.75% | 1.75% | 2.74% | 12.54% |
| 2023 | 0.59% | 1.62% | 2.21% |
This is a marketing communication. Past performance is no guarantee of future performance. The investment presents a risk of capital loss. Before any investment, please refer to the risks and various costs of each share class available in the prospectus and the KIDs.
Information elements
| Inception | 17/11/2023 |
|---|---|
| Legal status | ICAV - Non UCITS |
| Volatility target | 8-10% |
| Recommended investment period | 3 years |
| Liquidity / NAV | Monthly |
| Deadline | Subscriptions: seven days before the end of the month 3PM (Irish time), Redemptions: thirty days before the end of the month 3PM (Irish time) |
| Senior Manager | Xavier Morin |
| Code ISIN | IE000C0OR9F9 |
| Code Bloomberg | HGDSUSD ID |
| SFDR | 6 |
| Base currency | USD |
|---|---|
| Domicile | Ireland |
| Administrator | CACEIS Bank Ireland Branch |
| Auditor | Deloitte |
| Minimum initial subscription | USD 100 000 |
| Management fees | 1% |
| Performance fees | 15% |
| Hurdle | SOFR |
| Assignment result | Capitalisation |