OVHaiLLM/Flipper huggingface dataset:
# NET PERFORMANCE IN USD	Fund
YTD	-11.79%
1 month	-0.03%
3 months	-5.11%
1 year	-11.82%
3 years	-6.57%
5 years	0.33%
Total return (since 04.11.2013)	14.93%
STATISTICS 
31.10.2017 - 31.10.2022	
Fund
Annualised volatility	5.59%
Sharpe ratio	-0.23
Max. drawdown	-12.34%
Annualized
Fund
-
-
-
-
-2.23%
0.07%
1.55%
Fund
Average coupon	2.77%
Average maturity5.13
Average rating	A-
Modified duration3.98
Yield to maturity (hedged)	7.04%
Number of positions376
Non Government Bonds	61.87%

Translation (ENIT, 2022-10-31):
# PERFORMANCE NETTA IN USD	Fondo
Da inizio anno	-11.79%
1 mese	-0.03%
3 mesi (30.09.2022)	-2.14%
1 anno	-11.82%
| 5 anni | 0.33% |  |  | 0.07% |
| --- | --- | --- | --- | --- |
| Rendimento dal lancio (04.11.2013) | 14.93% |  |  | 1.55% |
| STATISTICHE  31.10.2017 - 31.10.2022 | Fondo |  |  | Fondo |
| Volat. su base annuale | 5.59% |  | Cedola media | 2.77% |
| Indice di Sharpe	-0.23	Scadenza media5.13 Max. drawdown	-12.34%	Rating medio	A- Duration modificata3.98 Yield to maturity (hedged)	7.04% Numero di titoli376 Obblig. non govern.	61.87% |

3 anni	-6.57%
Annualizzata
Fondo
-
-
-
-
-2.23%
# NET PERFORMANCE IN USD	Fund
YTD	8.90%
1 month	-4.24%
3 months	-6.89%
1 year	2.11%
3 years	22.06%
Total return (since 04.09.2018)	14.42%
Annualized
Fund

Translation (ENIT, 2022-10-31):
# PERFORMANCE NETTA IN USD	Fondo
Da inizio anno	8.90%
1 mese	-4.24%
3 mesi (30.09.2022)	-1.03%
1 anno	2.11%
3 anni	22.06%
Rendimento dal lancio (04.09.2018)	14.42%
Annualizzata
Fondo
# MONTHLY GROSS PERF CONTRIBUTION BY L/S (%)	MONTHLY GROSS PERF CONTRIBUTION BY SECTOR (%)
-8.14
4.53
-2.29
-0.27
Consumer discretionary Consumer staples
-0.10
-1.09
-0.30
-0.39
-0.34
-0.03
Utilities
Communication services
0.67
0.36
Energy Financials Health care Industrials
Information technology Materials
Real estate
0.72
-0.56	
Multiple

Translation (ENIT, 2022-10-31):
# MONTHLY GROSS PERF CONTRIBUTION BY L/S (%)	MONTHLY GROSS PERF CONTRIBUTION BY SECTOR (%)
-8.14
4.53
-2.29
-0.27
Beni voluttuari Beni di prima necessità
-0.10
-1.09
-0.30
-0.39
-0.34
-0.03
Servizi di pubblica utilità
Communication services
0.67
0.36
Energia Finanza Sanità
Prodotti industriali Tecnologia dell'informazione Materiali
Immobiliare
0.72
-0.56	
Multiple
# EXPOSURE BY MARKET CAP (IN % GMV)
Large (> USD 10bn)
60.2
Medium (USD 2-10bn) Small (< USD 2bn)

Translation (ENIT, 2022-10-31):
# EXPOSURE BY MARKET CAP (IN % GMV)
Grande (> USD 10bn)
60.2
Media (USD 2-10bn) Piccola (< USD 2bn)
## FUND FACTS
Domicile/Legal structure	Luxembourg/SICAV Legal Status		UCITS
Fund inception date	8 February 1999
SFDR Classification	Article 9
Currency of Fund	EUR
Currency of share class	EUR
Fund manager	E. Wranegard, A. Parker, D. Yung Net assets (all classes)		EUR 62.82 million
Liquidity (sub./red.)	daily, 12:00 Swinging Single Pricing		Yes
Min. investment	EUR 3'000

Translation (ENIT, 2022-10-31):
## FUND FACTS
Domicilio/Forma giuridica	Lussemburgo / SICAV Legal Status		UCITS
Data di lancio del fondo	8 febbraio 1999
Classificazione SFDR	Articolo 9 Valuta del Fondo		EUR
Valuta della classe	EUR
Gestore	E. Wranegard, A. Parker, D. Yung Patrimonio (tutte le classi)		EUR 62.82 milioni
Liquidità (sub./red.)	Quotidiana, 12:00 Swinging Single Pricing		Si
Investimento minimo	EUR 3'000
# EXPOSURE BY SECTOR (IN GMV%)
Communication services Consumer discretionary Consumer staples
Energy Financials Health care Industrials
Information technology
Materials Real estate
Utilities Multiple
48.9

Translation (ENIT, 2022-10-31):
# EXPOSURE BY SECTOR (IN GMV%)
Communication services
Beni voluttuari Beni di prima necessità
Energia Finanza Sanità
Prodotti industriali Tecnologia dell'informazione
Materiali Immobiliare
Servizi di pubblica utilità
Multiple
48.9
# NET PERFORMANCE IN USD	Fund
YTD	8.81%
1 month	-4.15%
3 months	-6.76%
1 year	2.00%
3 years	22.02%
Total return (since 04.09.2018)	14.17%
Annualized
Fund

Translation (ENIT, 2022-10-31):
# PERFORMANCE NETTA IN USD	Fondo
Da inizio anno	8.81%
1 mese	-4.15%
3 mesi (30.09.2022)	-0.98%
1 anno	2.00%
3 anni	22.02%
Rendimento dal lancio (04.09.2018)	14.17%
Annualizzata
Fondo
# NET PERFORMANCE IN USD	Fund
Annualized
Fund
| risk-free or that capital is necessarily guaranteed or protected. YTD | -3.38% |  | - |
| --- | --- | --- | --- |
| CODES | Class A |  | 1 month | 0.20% |  | - |
|  |  |  | 3 months | -1.62% |  | - |
| ISIN | LU1514036117 |  | 1 year | -3.34% |  | - |
| Bloomberg | LOASUNA LX |  | 3 years | 1.67% |  | 0.55% |
| NAV | USD 11.39 |  | 5 years Total return (since 11.04.2017) | 9.25% 13.93% |  | 1.78% 2.37% |


## FISCAL INFORMATION
ES - Switchable	Yes

## RATINGS
STATISTICS 
31.10.2017 - 31.10.2022	
Fund
Annualised volatility	2.65%
Sharpe ratio0.16
Max. drawdown	-4.35%
Fund
Average rating	BBB-
Modified duration0.73
Exposure	22.68%
Number of positions264

Translation (ENIT, 2022-10-31):
# PERFORMANCE NETTA IN USD	Fondo
Annualizzata
Fondo
|  | Da inizio anno | -3.38% |  | - |
| --- | --- | --- | --- | --- |
| CODICI | Classe A | 1 mese | 0.20% |  | - |

| 3 mesi (30.09.2022) | -0.76% |  |  | - |
| --- | --- | --- | --- | --- |
| 1 anno | -3.34% |  |  | - |
| 3 anni	1.67%	0.55% 5 anni	9.25%	1.78% Rendimento dal lancio (11.04.2017)	13.93%	2.37% |

ISIN	LU1514036117
Bloomberg	LOASUNA LX
VNI	USD 11.39

## RATINGS
STATISTICHE 
31.10.2017 - 31.10.2022	
Fondo
Volat. su base annuale	2.65%
Indice di Sharpe0.16
Max. drawdown	-4.35%
Fondo
Rating medio	BBB-
Duration modificata0.73
Exposure	22.68%
Numero di titoli264
## FUND FACTS
Domicile/Legal structure	Luxembourg/SICAV Legal Status		UCITS
Fund inception date	20 October 2008
SFDR Classification	Article 8
Currency of Fund	GBP
Currency of share class	GBP
Fund manager	D. Callahan, F. Helly
Net assets (all classes)	GBP 49.48 million
Liquidity (sub./red.)	daily, 14:00
Min. investment	EUR 3'000 or equivalent
Entry/Exit fees	0.00% / 0.00%
Management fee	0.055%
Distribution fee	0.00%
FROC	0.15%
Ongoing charge (30 September 2022)	0.23%
TER max (31 March 2022)	0.21%

Translation (ENIT, 2022-10-31):
## FUND FACTS
Domicilio/Forma giuridica	Lussemburgo / SICAV Legal Status		UCITS
Data di lancio del fondo	20 ottobre 2008
Classificazione SFDR	Articolo 8 Valuta del Fondo		GBP
Valuta della classe	GBP
Gestore	D. Callahan, F. Helly
Patrimonio (tutte le classi)	GBP 49.48 milioni
Liquidità (sub./red.)	Quotidiana, 14:00
Investimento minimo	EUR 3'000 o equivalente Spesa di sottoscrizione/rimborso		0.00% / 0.00% Commissione di gestione			0.055%
Commissione di distribuzione	0.00%
FROC	0.15%
Ongoing charge (30 settembre 2022)	0.23%
TER max (31 marzo 2022)	0.21%
# HIGHLIGHTS
LO Funds - Short-Term Money Market (GBP) is a conservatively managed UCITS portfolio. Its cash management strategy has been in place sincelaunched in October 2008. It invests in high quality (at least one top short-term rating) short-term money market instruments such as commercial paper, certificates of deposit, time deposits, fixed rate bonds and floating-rate notes within strict diversification rules and maturity limits. In addition, weighted average maturity (WAM) and weighted average life (WAL) are respectively limited to 60 days and 120 days. It aims to offer investors capital preservation, high liquidity, and returns in line with the FTSE 1 Month UK Sterling Eurodeposit in GBP terms index. Risk management is based on a combination of guideline compliance monitoring and liquidity stress test scenarios. The approach follows the conservative European Securities and Markets Authority (ESMA) guidelines for Short-Term Money Market Funds.
NET CUMULATIVE PERFORMANCE AND ANNUAL PERFORMANCE IN GBP 
Dec 31, 2016 - Oct 31, 2022
103 
102
101
100

Translation (ENIT, 2022-10-31):
# EVENTI DI RILIEVO
LO Funds - Short-Term Money Market (GBP) è un portafoglio gestito in maniera prudenziale. La sua strategia di gestione della liquidità è attiva da ottobre 2008. Investe in strumenti di alta qualità a breve termine (almeno un rating massimo a breve termine) del mercato monetario quali carta commerciale, certificati di deposito, depositi a termine, obbligazioni a tasso fisso e titoli a tasso variabile, applicando rigorose regole di diversificazione e limiti di scadenza. Inoltre, la scadenza media ponderata e la vita media ponderata sono limitate rispettivamente a 60 e 120 giorni. Mira a offrire agli investitori la conservazione del capitale, un'elevata liquidità e rendimenti in linea con FTSE 1 Month UK Sterling Eurodeposit in GBP terms. La gestione del rischio si fonda sia sul monitoraggio del rispetto delle direttive che sugli scenari di stress test della liquidità. L'approccio osserva le direttive dell'Autorità europea degli strumenti finanziari e dei mercati (ESMA) per i fondi del mercato monetario a breve termine.
PERFORMANCE CUMULATIVA NETTO E PERFORMANCE ANNUALE IN GBP 
31-dic-2016 - 31-ott-2022
103 
102
101
100
| NET PERFORMANCE IN USD | Fund | Bench. |  |  | Fund | Bench. |
| --- | --- | --- | --- | --- | --- | --- |
| YTD | -46.68% | -26.77% |  |  | - | - |
| 1 month | 6.63% | 5.82% |  |  | - | - |
| 3 months | -7.24% | -8.96% |  |  | - | - |
| 1 year | -52.65% | -24.79% |  |  | - | - |
| 3 years | 0.67% | 38.41% |  |  | 0.22% | 11.40% |
| 5 years | 29.68% | 78.07% |  |  | 5.31% | 12.18% |
| 10 years | 155.96% | 278.56% |  |  | 9.82% | 14.19% |
| Total return (since 20.01.2012) | 179.19% | 307.63% |  |  | 9.96% | 13.87% |
| STATISTICS  31.10.2017 - 31.10.2022 | Fund | Bench. |  |  |  | Fund |
| Annualised volatility | 25.24% | 20.46% |  | Number of positions |  | 28 |
| Sharpe ratio | 0.16 | 0.53 |  |  |  |  |
| Max. drawdown | -55.59% | -30.80% |  |  |  |  |
| Correlation |  | 0.909 |  |  |  |  |
| Tracking error |  | 10.79% |  |  |  |  |

Translation (ENIT, 2022-10-31):
| PERFORMANCE NETTA IN USD | Fondo | Bench. |  |  | Fondo | Bench. |
| --- | --- | --- | --- | --- | --- | --- |
| Da inizio anno | -46.68% | -26.77% |  |  | - | - |
| 1 mese | 6.63% | 5.82% |  |  | - | - |
| 3 mesi (30.09.2022) | -2.89% | -3.67% |  |  | - | - |
| 1 anno | -52.65% | -24.79% |  |  | - | - |
| 3 anni | 0.67% | 38.41% |  |  | 0.22% | 11.40% |
| 5 anni | 29.68% | 78.07% |  |  | 5.31% | 12.18% |
| 10 anni | 155.96% | 278.56% |  |  | 9.82% | 14.19% |
| Rendimento dal lancio (20.01.2012) | 179.19% | 307.63% |  |  | 9.96% | 13.87% |
| STATISTICHE  31.10.2017 - 31.10.2022 | Fondo | Bench. |  |  |  | Fondo |
| Volat. su base annuale | 25.24% | 20.46% |  | Numero di titoli |  | 28 |
| Indice di Sharpe | 0.16 | 0.53 |  |  |  |  |
| Max. drawdown | -55.59% | -30.80% |  |  |  |  |
| Correlazione |  | 0.909 |  |  |  |  |
| Tracking Error |  | 10.79% |  |  |  |  |
# NET PERFORMANCE IN EUR	Fund
#### YTD	-5.83%
1 month	0.47%
3 months	-0.98%
1 year	-5.76%
3 years	-5.60%
5 years	-5.83%
Total return (since 02.10.2017)	-5.83%
STATISTICS 
31.10.2017 - 31.10.2022	
Fund
Annualised volatility	9.66%
Sharpe ratio	-0.08
Max. drawdown	-19.28%
Annualized
Fund
-
-
-
-
-1.89%
-1.19%
-1.17%
Fund
Average maturity0.96
Average rating	A-
Modified duration0.44
Yield to worst (hedged)	6.76%
Number of positions60

Translation (ENIT, 2022-10-31):
# PERFORMANCE NETTA IN EUR	Fondo
Da inizio anno	-5.83%
1 mese	0.47%
3 mesi (30.09.2022)	0.33%
1 anno	-5.76%
3 anni	-5.60%
5 anni	-5.83%
Rendimento dal lancio (02.10.2017)	-5.83%
| STATISTICHE  31.10.2017 - 31.10.2022 | Fondo |  |  | Fondo |
| --- | --- | --- | --- | --- |
| Volat. su base annuale | 9.66% |  | Scadenza media | 0.96 |
| Indice di Sharpe	-0.08	Rating medio	A- Max. drawdown	-19.28%	Duration modificata0.44 Yield to worst (hedged)	6.76% Numero di titoli60 |

Annualizzata
Fondo
-
-
-
-
-1.89%
-1.19%
-1.17%
# NET EQUITY EXPOSURE BY SECTOR (AS % OF NAV)	GROSS EQUITY EXPOSURE BY SECTOR (AS % OF NAV)
Consumer discretionary
-2.0
-0.5
-1.3
Industrials Telecommunications
Utilities Health care Real estate
-0.6
Information technology
Others
1.9
Consumer staples Energy
Financials
2.2
Materials
0.0
5.4
5.3
5.6
7.6
12.5
Consumer discretionary Consumer staples
Energy Financials Industrials Telecommunications
Utilities Health care Real estate Materials
Information technology
Others
31.2

Translation (ENIT, 2022-10-31):
# ESPOSIZIONE AZIONARIA NETTA PER SETTORE (% DEL NAV)	ESPOSIZIONE AZIONARIA LORDA PER SETTORE (% DEL NAV)
Beni voluttuari
-2.0
-0.5
-1.3
Prodotti industriali Telecomunicazioni Servizi di pubblica utilità
Sanità Immobiliare
-0.6
Tecnologia dell'informazione
Altri
1.9
Beni di prima necessità Energia
Finanza
5.4
2.2
5.3
Materiali
5.6
0.0
7.6
12.5
Beni voluttuari Beni di prima necessità
Energia Finanza
Prodotti industriali Telecomunicazioni Servizi di pubblica utilità
Sanità Immobiliare Materiali
Tecnologia dell'informazione
Altri
31.2
## FUND FACTS
Domicile/Legal structure	Luxembourg/SICAV Legal Status		UCITS
Fund inception date	28 June 2018
SFDR Classification	Article 8
Currency of Fund	EUR
Currency of share class	EUR
Fund manager	Amber Capital UK LLP
Net assets (all classes)	EUR 175.02 million
Liquidity (sub./red.)	Weekly (Wednesday)
Min. investment	EUR 1'000'000
Entry/Exit fees	0.00% / 0.00%
Management fee	1.00%
Distribution fee	0.00%
FROC	0.30%
Performance fee	15% High Watermark Ongoing charge (30 September 2022)		1.31%
TER max (31 March 2022)	1.32%

Translation (ENIT, 2022-10-31):
## FUND FACTS
Domicilio/Forma giuridica	Lussemburgo / SICAV Legal Status		UCITS
Data di lancio del fondo	28 giugno 2018
Classificazione SFDR	Articolo 8 Valuta del Fondo		EUR
Valuta della classe	EUR
Gestore	Amber Capital UK LLP
Patrimonio (tutte le classi)		EUR 175.02 milioni Liquidità (sub./red.)	Settimanale (Mercoledi)
Investimento minimo	EUR 1'000'000
Spesa di sottoscrizione/rimborso	0.00% / 0.00% Commissione di gestione		1.00%
Commissione di distribuzione	0.00%
FROC	0.30%
Commissione di performance	15% High Watermark Ongoing charge (30 settembre 2022)		1.31%
TER max (31 marzo 2022)	1.32%
# NET PERFORMANCE IN EUR	Fund
#### YTD	-27.56%
1 month	-7.16%
3 months	-9.33%
1 year	-28.38%
Total return (since 03.12.2019)	-29.16%
STATISTICS 
03.12.2019 - 31.10.2022	
Fund
Max. drawdown	-32.81%
Annualized
Fund
-
-
-
-
-11.12%
Fund
Average coupon	5.33%
Average maturity3.03
Average rating	BB+
Modified duration2.05
Yield to worst	12.63%
Yield to maturity	12.76%
Number of positions114
Number of issuers93
Non Government Bonds	98.20% Z-Spread910

Translation (ENIT, 2022-10-31):
# PERFORMANCE NETTA IN EUR	Fondo
Da inizio anno	-27.56%
1 mese	-7.16%
3 mesi (30.09.2022)	-5.18%
1 anno	-28.38%
Rendimento dal lancio (03.12.2019)	-29.16%
STATISTICHE 
03.12.2019 - 31.10.2022	
Fondo
Max. drawdown	-32.81%
Annualizzata
Fondo
-
-
-
-
-11.12%
Fondo
Cedola media	5.33%
Scadenza media3.03
Rating medio	BB+
Duration modificata2.05
Yield to worst	12.63%
Yield alla scadenza	12.76% Numero di titoli114
Numero di emittenti93
Obblig. non govern.	98.20% Z-Spread910
| NET PERFORMANCE IN EUR | Fund | Bench. |  |  | Fund | Bench. |
| --- | --- | --- | --- | --- | --- | --- |
| YTD | -20.95% | -18.75% |  |  | - | - |
| 1 month | 7.98% | 9.31% |  |  | - | - |
| 3 months | -5.66% | -4.46% |  |  | - | - |
| 1 year | -20.30% | -19.87% |  |  | - | - |
| 3 years | 20.22% | 17.65% |  |  | 6.31% | 5.55% |
| 5 years | 30.30% | 23.31% |  |  | 5.41% | 4.26% |
| Total return (since 12.06.2017) | 36.49% | 30.29% |  |  | 5.92% | 5.02% |
| STATISTICS  31.10.2017 - 31.10.2022 | Fund | Bench. |  |  |  | Fund |
| Annualised volatility | 21.37% | 22.45% |  | Number of positions |  | 85 |
| Sharpe ratio | 0.27 | 0.21 |  |  |  |  |
| Max. drawdown | -27.83% | -31.80% |  |  |  |  |
| Correlation |  | 0.977 |  |  |  |  |
| Tracking error |  | 4.81% |  |  |  |  |

Translation (ENIT, 2022-10-31):
| PERFORMANCE NETTA IN EUR | Fondo | Bench. |  |  | Fondo | Bench. |
| --- | --- | --- | --- | --- | --- | --- |
| Da inizio anno | -20.95% | -18.75% |  |  | - | - |
| 1 mese | 7.98% | 9.31% |  |  | - | - |
| 3 mesi (30.09.2022) | -4.02% | -3.48% |  |  | - | - |
| 1 anno | -20.30% | -19.87% |  |  | - | - |
| 3 anni | 20.22% | 17.65% |  |  | 6.31% | 5.55% |
| 5 anni | 30.30% | 23.31% |  |  | 5.41% | 4.26% |
| Rendimento dal lancio (12.06.2017) | 36.49% | 30.29% |  |  | 5.92% | 5.02% |
| STATISTICHE  31.10.2017 - 31.10.2022 | Fondo | Bench. |  |  |  | Fondo |
| Volat. su base annuale | 21.37% | 22.45% |  | Numero di titoli |  | 85 |
| Indice di Sharpe | 0.27 | 0.21 |  |  |  |  |
| Max. drawdown | -27.83% | -31.80% |  |  |  |  |
| Correlazione |  | 0.977 |  |  |  |  |
| Tracking Error |  | 4.81% |  |  |  |  |
## FUND FACTS
Domicile/Legal structure	Luxembourg/SICAV Legal Status		UCITS
Fund inception date	16 July 2012
SFDR Classification	Article 8
Currency of Fund	USD
Currency of share class	CHF Unhedged
Fund manager	D. Yung, J. Collet, A. Maitra, A. Parker Net assets (all classes)	CHF 214.97 million
Liquidity (sub./red.)	daily, 12:00 Swinging Single Pricing		Yes
Min. investment	EUR 3'000 or equivalent
Entry/Exit fees	0.00% / 0.00%
Management fee	0.715%
Distribution fee	0.00%
FROC	0.25%
Ongoing charge (30 September 2022)	1.02%
TER max (31 March 2022)	0.97%

Translation (ENIT, 2022-10-31):
## FUND FACTS
Domicilio/Forma giuridica	Lussemburgo / SICAV Legal Status		UCITS
Data di lancio del fondo	16 luglio 2012
Classificazione SFDR	Articolo 8 Valuta del Fondo		USD
Valuta della classe	CHF Unhedged
Gestore	D. Yung, J. Collet, A. Maitra, A. Parker Patrimonio (tutte le classi)	CHF 214.97 milioni
Liquidità (sub./red.)	Quotidiana, 12:00 Swinging Single Pricing		Si
Investimento minimo	EUR 3'000 o equivalente Spesa di sottoscrizione/rimborso		0.00% / 0.00% Commissione di gestione			0.715%
Commissione di distribuzione	0.00%
FROC	0.25%
Ongoing charge (30 settembre 2022)	1.02%
TER max (31 marzo 2022)	0.97%
# NET PERFORMANCE IN EUR	Fund
#### YTD	-13.67%
1 month	0.68%
3 months	-6.34%
1 year	-12.89%
Total return (since 30.06.2021)	-11.23%
Annualized
Fund
-
-
-
-
-8.50%

#### NAV	EUR 88.77
STATISTICS 
30.06.2021 - 31.10.2022	
Fund
Max. drawdown	-14.26%

Translation (ENIT, 2022-10-31):
# PERFORMANCE NETTA IN EUR	Fondo
Da inizio anno	-13.67%
1 mese	0.68%
3 mesi (30.09.2022)	-2.74%
1 anno	-12.89%
Rendimento dal lancio (30.06.2021)	-11.23%
Annualizzata
Fondo
-
-
-
-
-8.50%
STATISTICHE 
30.06.2021 - 31.10.2022	
Fondo
Max. drawdown	-14.26%
# TOP 10 (IN %)
Taiwan Semiconductor Samsung Electronics (ord)
AIA Group Icici Bank Infosys DS
Hindustan Unilever Bank Mandiri
Airports of Thailand (n/v) Singapore Telecom
3.3
3.0
2.6
2.6
2.5
3.8
5.0
7.1
7.0

Translation (ENIT, 2022-10-31):
# PRINCIPALI 10 TITOLI (IN %)
Taiwan Semiconductor Samsung Electronics (ord)
AIA Group Icici Bank Infosys DS
Hindustan Unilever Bank Mandiri
Airports of Thailand (n/v) Singapore Telecom
3.3
3.0
2.6
2.6
2.5
3.8
5.0
7.1
7.0
# NET PERFORMANCE IN EUR	Fund
#### YTD	-13.80%
1 month	-0.11%
3 months	-6.66%
1 year	-13.46%
3 years	-8.25%
5 years	-7.11%
10 years	5.35%
Total return (since 10.12.2009)	12.47%
Annualized
Fund
-
-
-
-
-2.82%
-1.46%
0.52%
0.91%
ES - Switchable	Yes

## RATINGS
STATISTICS 
31.10.2017 - 31.10.2022	
Fund
Annualised volatility	6.37%
Sharpe ratio	-0.16
Max. drawdown	-14.03%

Translation (ENIT, 2022-10-31):
# PERFORMANCE NETTA IN EUR	Fondo
Da inizio anno	-13.80%
1 mese	-0.11%
3 mesi (30.09.2022)	-3.53%
1 anno	-13.46%
3 anni	-8.25%
| 5 anni | -7.11% |  | -1.46% |
| --- | --- | --- | --- |
| 10 anni | 5.35% |  | 0.52% |
| Rendimento dal lancio (10.12.2009)	12.47% |  | 0.91% |

Annualizzata
Fondo
-
-
-
-
-2.82%
STATISTICHE 
31.10.2017 - 31.10.2022	
Fondo
Volat. su base annuale	6.37%
Indice di Sharpe	-0.16
Max. drawdown	-14.03%
# NET PERFORMANCE IN USD	Fund
YTD	8.64%
1 month	-4.19%
3 months	-6.82%
1 year	1.79%
3 years	21.48%
Total return (since 04.09.2018)	12.78%
Annualized
Fund
-
-
-
- 6.68%
2.92%
ES - Switchable	Yes

## RATINGS
STATISTICS 
04.09.2018 - 31.10.2022	
Fund
Annualised volatility	12.65%
Sharpe ratio0.13
Max. drawdown	-14.29%
Morningstar Category	Alt - Market Neutral - Equity

Translation (ENIT, 2022-10-31):
# PERFORMANCE NETTA IN USD	Fondo
Da inizio anno	8.64%
Annualizzata
Fondo
-
|  | 1 mese | -4.19% |  | - |
| --- | --- | --- | --- | --- |
| ISIN | LU1833099788 |  | 3 mesi (30.09.2022) | -1.03% |  | - |
| Bloomberg | LTRNUPA LX |  | 1 anno | 1.79% |  | - |

| 3 anni | 21.48% | 6.68% |
| --- | --- | --- |
| Rendimento dal lancio (04.09.2018) | 12.78% |  | 2.92% |
| STATISTICHE  04.09.2018 - 31.10.2022 |  | Fondo |
| Volat. su base annuale	12.65% Indice di Sharpe0.13 Max. drawdown	-14.29% |

VNI	USD 11.28

## RATINGS
Morningstar Category	Alt - Market Neutral - Equity
# HIGHLIGHTS
PrivilEdge - Sands US Growth is an actively managed UCITS portfolio. Its long-only US equity growth strategy has been in place since February 1992. It is managed by Sands Capital Management, a US equity growth specialist. It invests mainly in US companies which are expected to deliver significantly higher growth than the market over the next five to ten years. It seeks to deliver capital appreciation over the long-term. The sub-fund is actively managed in reference to the Russel 1000 Growth NR index. Sands proprietary, fundamental and bottom-up research is the cornerstone of the investment process, from which all portfolio management decisions are derived. The portfolio has around 25-30 positions held for over five years (on average). Risk management is performed by Sands at a portfolio level, while independent teams oversee investment, counterparty and operational risks.
NET CUMULATIVE PERFORMANCE AND ANNUAL PERFORMANCE IN USD 
Dec 31, 2016 - Oct 31, 2022
375
350
325
300
275
250
225
Management fee	0.80%
200
175
66.67%
  33.23% 29.67%	31.82% 35.88%		38.08%	27.32%
Distribution fee	0.00%
FROC	0.25%
Ongoing charge (30 September 2022)	1.05%
TER max (31 March 2022)	1.05%
150
125
100
75
50
25

Translation (ENIT, 2022-10-31):
# EVENTI DI RILIEVO
PrivilEdge - Sands US Growth è un portafoglio a gestione attiva conforme alle direttive OICVM. La sua strategia long-only incentrata sulle azioni growth statunitensi è attiva da Febbraio 1992. È gestito da Sands Capital Management, un gestore specializzato in azioni growth statunitensi... Investe per lo più in aziende statunitensi con il potenziale di ottenere una crescita nettamente superiore alle attese di mercato in un orizzonte di 5-10 anni. Mira ad accrescere il capitale nel lungo periodo. Il Comparto è gestito attivamente con riferimento a un benchmark, il Russel 1000 Growth NR. La ricerca bottom-up proprietaria indipendente di tipo fondamentale di Sands è la pietra miliare del processo d’investimento e fa da base a tutte le decisioni di gestione del portafoglio. Questo consta di circa 25-30 posizioni detenute (in media).per un periodo superiore a cinque anni. La gestione del rischio è affidata a Sands a livello di portafoglio, mentre team indipendenti supervisionano i rischi d'investimento, di controparte e operativi.
PERFORMANCE CUMULATIVA NETTO E PERFORMANCE ANNUALE IN USD 
31-dic-2016 - 31-ott-2022
375
350
325
300
275
250
225
Commissione di gestione	0.80%
Commissione di distribuzione	0.00%
200
175
66.67%
  33.23% 29.67%	31.82% 35.88%		38.08%	27.32%
FROC	0.25%
Ongoing charge (30 settembre 2022)	1.05%
TER max (31 marzo 2022)	1.05%
150
125
100
75
50
25
# TOP 10 (IN %)
Evoqua Water Technologies
Tetra Tech Waste Connections Inc
Corteva Wi Veolia Environnement
AGCO Corp
Aecom Lamb Weston Holdings(wi)
Aspen Te
2.2
2.8
2.7
2.6
2.5
2.5
2.5
2.5
2.4

Translation (ENIT, 2022-10-31):
# PRINCIPALI 10 TITOLI (IN %)
Evoqua Water Technologies
Tetra Tech Waste Connections Inc
Corteva Wi Veolia Environnement
AGCO Corp
Aecom Lamb Weston Holdings(wi)
Aspen Te
2.8
2.7
2.6
2.5
2.5
2.5
2.5
2.4
2.2
#### FROC	0.22%
Ongoing charge (30 September 2022)	0.88%
TER max (31 March 2022)	0.62%
Dealing Charge (sub./red.)	0.00%/2%

Translation (ENIT, 2022-10-31):
#### FROC	0.22%
Ongoing charge (30 settembre 2022)	0.88%
TER max (31 marzo 2022)		0.62% Comisión de negoc. (sub./red.)	0.00% / 2%