MacroSphere Low Vol

Macrosphere LOW VOL

Our strategy

Classified fund (SFDR)

MacroSphere Global Fund Low Vol is an Article 8 UCITS fund investing in currencies and interest rates across both developed and emerging markets, notably through arbitrage strategies—that is, relative-value strategies between assets of a similar nature.

Its objective is to outperform the fixed income and currency markets by 0.30% to 0.70% (depending on the share class), regardless of market direction.

Finally, the fund targets volatility of 3–5% under normal market conditions, with a recommended minimum investment horizon of at least three years.

Macrosphere LOW VOL

Performance and information

Macrosphere LOW vol

The risks

  • Interest rate risk: the value of the fund may fluctuate with movements in interest rates.
  • Currency risk : the value of the fund may fluctuate with movements in the exchange rates to which it is exposed.
  • Default risk : the value of the fund may fluctuate if a sovereign issuer defaults.
  • Leverage risk : the fund uses leverage, and its value can fluctuate significantly up and down.
  • ESG risk : the value of the fund may be affected by environmental, social and governance issues.
  • Counterparty risk: the fund may be exposed to counterparties defaulting on OTC transactions, which may affect the value of the fund.
  • Arbitrage risk : the fund takes relative value positions on interest rates and currencies; its value may be affected by relative movements in interest rates and currencies .
  • Liquidity risk : the drop in volumes traded on the markets may lead to difficulties in liquidating positions, which could affect the value of the fund.
  • Discretionary management risk : the fund is managed on a discretionary basis, and may not be exposed to the best-performing markets.

Mascrosphere LOW VOL

The management team

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