|
To hedge against the expected increase of long term European interest rates
|
|
| Investment Objective |
| To achieve a high absolute performance over the investment horizon through an active management of short positions on Euro zone long rates. |
| Investment Strategy |
| Our investment strategy aims to take advantage of the potential of increase for 10-year Euro zone interest rates, by selling futures contracts. In addition to this structural short position, the fund may engage in strategies aiming to capture the volatility of Euro zone long rates.Intermediate profits will be taken in order to re-initiate positions on which capital gains have previously been achieved. |
|
|
|
Portfolio Managers & Advisors
|
 |  |
| Pascal Gilbert | François Collet |
|
|
|
|
| Investment Universe |
| The fund invests in a portfolio of bond instruments issued or backed by the French State and affiliated institutions, the Caisse des Dépôts group, as well as the Caisses d’Epargne. The fund has no foreign currency risk exposure |
|
|
| Management Parameters |
Investment period : More than 1 year
Risk Indicators : Sensitivity: from -10 to +1 |
|
|
|
|
|
|
|
|
|
|
Performances as of 3/10/2010
|
|
|
| Return Since Inception | 2010 | 2009 | 1-Year Return | 3-Year Return | 5-Year Return | 52-Week Volatility |
| LFP Protectaux | -1.56% | -1.92% | -0.06% | -1.13% | -2.62% | -0.43% | 4.20 % |
| EONIA Capi. | 18.32% | 0.06% | 0.72% | 0.49% | 8.26% | 14.14% | 0.03 % |
|
|
Key Figures
|
| Net Asset Value | EUR 995.01 |
| AUM | EUR 125,725,319.17 |
|
|
|
|
|
|
Fund Features
|
| ISIN Code | FR0007079546 |
| Category | Fonds spécifiques |
| Ticker Bloomberg | LFPPROE FP Equity |
| Currency | EUR |
| Creation date | 17/06/2003 |
| Valuation Frequency | Daily |
|
|
|
|