The investment objective of the Fund is to achieve positive returns regardless of the capital market environment. The achievement of the investment objectives, i.e. whether the actual return of the Fund exceeded the risk-free return, is measured by exceeding the threshold return calculated by the Fund. The threshold return consists of the risk-free return and the risk premium factor. The Fund Manager reviews the threshold return annually to ensure that the performance fee calculation model reflects the current market and return environment. The Fund Manager pursues an absolute return strategy, actively managing the Fund’s portfolio. In order to achieve excess returns, the Fund’s potential investment universe is therefore as broad and global as possible: bank deposits, domestic and international equities, mortgage bonds, (corporate and government) bonds, other debt securities, ETNs (Exchange Traded Notes), ETFs (Exchange Traded Funds), collective investment securities, as well as currencies, derivative transactions, ADRs (American depositary receipts), GDRs (Global depositary receipts), and the Fund may also invest in ETCs (Exchange Traded Commodities). The Fund may also enter into derivative transactions and has the opportunity to generate returns not only in rising markets but also in falling markets, as the Fund may take short (sell) positions, even with leverage. The Fund’s investments are not tied to predetermined markets, asset classes, or market regions. The Fund allows for discretionary selection in relation to specific future investments, and this approach does not involve or entail reference to a benchmark. When selecting investments, the Fund primarily relies on fundamental analysis, but also takes a technical approach into account when timing transactions. The Fund also invests in smaller-cap stocks if it finds them to be undervalued. The Fund aims to maintain a 50-60% equity allocation in its investment portfolio, with the majority of the remainder held in interest-bearing instruments and a smaller portion in liquid assets. In addition, if the market warrants it, the Fund may open long and short positions for hedging or profit optimization purposes.

Who is it recommended for?

We recommend it for investors who do not plan to redeem their investment units within three years and who have a moderately low risk profile.

Risk level

This product is classified as class 3 out of 7 classes, which is a medium-low risk class.

SIFI Orion Absolute Return Derivative Fund Series