Harcourt launches flagship alternative investment strategy in a fund format
Published on 08.09.2017 CEST
Harcourt, the Alternative Investment brand of Vontobel Asset Management, has launched the Harcourt Alternative Leaders Fund. Harcourt’s strategy-focused fund of hedge funds strategy, which until now had been available in a mandate format only, has been launched in a SICAV-SIF format, providing access to a cost-efficient and diversified alternative investment product.
The fund, which is only available to institutional investors, is based on a successful managed account which was launched in November 2000. The fund leverages the expertise and investment capabilities of Harcourt’s Hedge-Fund Solutions & Advisory team, which has more than 17 years of experience building and managing customised hedge fund portfolios for institutional clients.
Ilario Scasascia, Portfolio Manager, said of the launch: "Given the continued importance of macroeconomic drivers, especially central bank policy, as well as the ongoing low-yield environment, an exposure to selected strategy-specific funds of hedge funds is crucial to reduce the overall portfolio risk, while generating stable returns."
The fund aims to achieve a steady outperformance to the Eurekahedge Index and is designed to enhance the risk-return profile of a balanced portfolio through diversification effects.
Harcourt Alternative Leaders Fund
Subscription: Monthly, 10 days’ notice, 12 pm CET Redemption: Quarterly, 90 days’ notice, 12 pm CETFund domicile:
Luxembourg
Portfolio manager:
Ilario Scasascia, CAIA
Fund currency:
USD
Share classes currencies:
USD | EUR | CHF
Minimum Investment:
USD | EUR | CHF 1 million Liquidity:
NAV Calculation:
Monthly (estimated): 10 days after month-end
Monthly (final): 30 days after month-end Benchmark:
Eurekahedge Global Multi-Strategy Funds of Hedge Funds Index
Management fee in % p.a.:
0.25% p.a. Performance fee:
10% on the outperformance to the benchmark with HWM Principle Performance Fee Period: Quarter of the financial year
Share class (ISIN):
HI: LU1243402929 (CHF).
Available to qualified investors only
Contact
Media Relations:
Rebeca Garcia
+41 (0)58 283 76 69
Investor Relations:
Michel Roserens
+41 (0)58 283 76 97
Important legal information
This document is for information purposes only and does not constitute an offer or solicitation to subscribe shares of Variospecial SICAV-SIF (the “Fund”). Subscriptions of shares of the Fund, an investment fund governed by Luxembourg law in the form of an investment company with variable capital – specialised investment fund, should in any event be made solely on the basis of the Fund's current offering document (the "Offering Document"), its articles of incorporation and the most recent annual report of the Fund and after seeking the advice of an independent finance, legal, accounting and tax specialist. It is the investor's responsibility to review the abovementioned documents prior to an investment in the Fund and in particular the investor must meet the eligibility requirements that are applicable to an investment in the Fund and as detailed in the Fund's Offering Document. Interested parties may obtain the above-mentioned documents free of charge from the representative in Switzerland: Vontobel Fonds Services AG, Gotthardstrasse 43, 8022 Zurich, the paying agent in Switzerland: Bank Vontobel AG, Gotthardstrasse 43, 8022 Zurich, and from the offices of the Fund at 20, rue de la Poste, L-2346 Luxembourg. Investors may also download these documents from our website at vontobel.com/am.
The document is provided to you by Vontobel Asset Management AG ("Vontobel"), or one of its affiliates, on behalf of the Fund on a strictly confidential basis. Dissemination of this document is prohibited and use of this document may be restricted in certain jurisdictions. The information contained herein may change, is subject to, and is qualified in its entirety by the more complete disclosures, risk factors, and other information contained in the Offering Document. The value of and the return on shares of the Fund may go up or down. These factors are influenced by market volatility and exchange rate valuations.
Valuations contained in this document are estimates only based on a limited number of underlying values and calculations. Actual values may depend on other factors as well and may react differently to market conditions. Actual values may therefore differ substantially from calculated estimates.
Past performance of the Fund is not a reliable indicator of current or future performance. Performance does not take into account any commissions and costs charged when shares of the Fund are issued and redeemed, if applicable.
An investment in a sub-fund of the Fund carries various risks which are detailed and explained in the Offering Document. An investment in the Fund represents a speculative investment and involves a high degree of risk. An investor could lose all or a substantial portion of his/her investment.
Although Vontobel believes that the information provided in this document is based on reliable sources, it cannot assume responsibility for the quality, correctness, timeliness or completeness of the information contained in this report.
Published on 08.09.2017 CEST