Neuflize USA Opportunités $ & € hedge

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Invest in US Equities aiming at growth

Neuflize USA Opportunités (formerly NOAM USA Opportunités) aims to generate long-term performance by investing primarily in North American equities based upon a very strong sector and stock selection. As a result the fund composition typically deviates considerably from the S&P 500 index.

The fund invests primarily in US equities using a fundamental approach, without any benchmark constraints, by selecting the sectors offering the best growth prospects and adapting the proportion invested in equities to take advantage of market volatility.

The net Equity exposure varies according to market trends. The use of financial instruments (index futures) gives the fund the flexibility to mitigate a part of the portfolio in the event of negative market expectations. Net equity exposure varies between 60%-100% based on the manager's views on equity markets.

Neuflize USA Opportunités is available in the $ version as well as a € hedged version for those investors seeking to avoid exchange rate risk to the US Dollar (fund codes see below).

Why invest in Neuflize USA Opportunités?

  • to capture equity markets growth whilst limiting downside risk

  • to benefit from the fund manager's capacity to select the sectors and stocks that aim to provide superior returns in the long term


    (Please note that the performance figures below are for the $ version.)

    • Performances

    Calculate Performance :

    from to  
    Month to date 1 year (rolling) 5 years (rolling)
    2,72% from 31/08/2010 to 03/09/2010 8,66% from 03/09/2009 to 03/09/2010 32,61% from 02/09/2005 to 03/09/2010
  • ISIN code (accumulation shares ): FR0000003493
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  • Benchmark: S&P 500
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  • Management Fees: 1.75% of net assets (1.85% for € hedged version)
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  • ISIN code (€ hedged version): FR0010891325
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  • Investment horizon: >5 years
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  • Performance fees : 20% of outperformance against benchmark applying the highwatermark principle
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  • Manager: François Mouté
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  • Subscriptions/redemptions: up to 6pm
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  • Entry / exit fees: 2.50%/nil
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    Documentation available

    Télécharger le doc produit  Monthly Fact sheet July 2010 See archives
    Télécharger le doc produit Full prospectus  
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    Overall Morningstars end of July 2010, source - 2010 Morningstar, Inc. All rights reserved.

    Past performances offer no guarantee for future results. Noncontractual information.