Sycomore Shared Growth

Latest fund update

We have recently talked to Frédéric Ponchon, lead Portfolio Manager (PM) of the Sycomore Shared Growth fund. Please find below a YTD performance update on the strategy, its positioning, portfolio activity and outlook.

While this actively managed Eurozone equity funds posted slightly negative returns YTD, it has nicely outperformed its benchmark, i.e the EURO STOXX NR Index, by almost 10%. The fund has performed in line with expectations, delivering alpha in the Q1 2020 extreme sell-off and very atypical 2020. We are happy to share with you the PM’s thoughts and actions taken since the beginning of the year.

We hope that you will find this communication insightful, should you have any further questions, related to this fund or any other one in the OpenList, do not hesitate to contact us, we would be delighted to assist you.

You can display the report herebelow.