[private]
Frédéric Ponchon, Lead Portfolio Manager of the
Sycomore Shared Growth Fund
Eurozone SRI Equities
Defensive Quality Growth
The Sycomore Shared Growth Fund focuses on Eurozone companies offering solutions to the world’s major societal challenges and that have embedded this positive societal impact objective into their strategy to deliver profitable and sustainable growth. The fund is based on a socially responsible investment process with full ESG integration and integrated proprietary tools (Sycovalo database and SPICE rating).
The fund exhibits a conservative risk profile derived from its quality growth bias. It tends to be resilient in risk-averse environments, as shown in Q4 2018 or YTD. Solid defensive risk characteristics with lower beta, drawdown and volatility than its benchmark (Euro STOXX NR Index) and best peers. The fund is not always fully invested, 20% invested in cash as of 31.01.2020.
Bottom-up fundamental strategy, quality growth bias, managed with astrict valuation discipline. Opportunistic stock picking across the whole market cap spectrum. Historically, 30% to 65% small and mid-caps actively managed. Complementary offering compared to pure large cap compounders.
Fully benchmark agnostic, with high active share (more than 80%) at the country, sector and stock level. 70 holdings, high conviction concentrated in the top 20 holdings (around 50% of total portfolio) coupled with a diversified tail of small and mid-caps
Macro analysis can drive positioning adjustments towards more cyclical growth or defensive quality which helps navigate in economic downturns.
Sycomore AM is an investment boutique founded in July 2001 in Paris, managing around 7Bn EUR, mainly in European equities. Sycomore is a pioneer in ESG investing and it aims to become leader in sustainable investments. Wide SRI mindset and ESG conviction shared across the whole firm.
Conference will take place at our office: 12 rue Verdaine, 3rd floor, Geneva, from 8:30 to 10:00 am
Presentation will be held in french and a breakfast will be served.
Please confirm your attendance before 3 March 2020,
or contact us at 022 316 16 80