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To hedge against the expected increase of US long-term interest rates.
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| Investment Objective |
| To achieve a high absolute performance over the investment horizon through an active management of short positions on US long-term rates. |
| Investment Strategy |
The investment strategy aims to take advantage of the potential increase in 10-year US rates, by selling futures contracts. In addition to this structural short position, the fund may engage in strategies aiming to capture the volatility of US long rates.
Intermediate profits will be taken in order to re-initiate positions on which capital gains have previously been achieved. |
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Portfolio Managers & Advisors
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| Pascal Gilbert | François Collet |
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| Investment Universe |
| The fund invests in a portfolio of bond instruments issued or backed by the French State and affiliated institutions. |
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| Management Parameters |
Investment period : more than 2 years
Modified duration range: from -10 to – 2 |
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Performances as of 3/10/2010
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| Return Since Inception | 2010 | 2009 | 1-Year Return | 3-Year Return | 5-Year Return | 52-Week Volatility |
| LFP Reverse International Bond | -12.53% | -3.54% | 6.37% | -1.22% | - | - | 8.28 % |
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Key Figures
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| Net Asset Value | EUR 874.72 |
| AUM | EUR 1,655,849.96 |
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Fund Features
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| ISIN Code | FR0010634337 |
| Category | Fonds spécifiques |
| Ticker Bloomberg | - |
| Currency | EUR |
| Creation date | 15/07/2008 |
| Valuation Frequency | Daily |
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