OVHaiLLM/Flipper huggingface dataset:
# TOP 10 (IN %)
Shell Plc Astrazeneca
BP
Unilever Plc
Diageo British American Tobacco
Tp Icap Group
Gsk Plc Indivior Relx Plc
9.2

Translation (ENIT, 2022-09-30):
# PRINCIPALI 10 TITOLI (IN %)
Shell Plc Astrazeneca
BP
Unilever Plc
Diageo British American Tobacco
Tp Icap Group
Gsk Plc
9.2
# HIGHLIGHTS
PrivilEdge – Ashmore Emerging Market Local Currency Bond fund is an actively managed strategy mainly investing in local currency bonds issued by sovereign and quasi-sovereign issuers and offers exposure to local rates and currencies. It is benchmarked against the JP Morgan GBI-EM Global Diversified Constrained index. The fund has also the flexibility to invest up to 20% in emerging market corporate bonds denominated in local currencies to benefit from the yield pick-up versus sovereigns and quasi-sovereigns. The fund is managed by Ashmore, a dedicated emerging market asset manager founded in 1992. The core of the process is based on its Investment Committee which determines the risk- budget for all the strategies according to its global macro overview and country research. Investment decisions from the Investment Committee are implemented by the investment teams which are split by emerging market asset classes.
NET CUMULATIVE PERFORMANCE AND ANNUAL PERFORMANCE IN EUR 
Dec 31, 2016 - Oct 31, 2022
120
110
100
90
80
2017	2018	2019	2020	2021	2022

Translation (ENIT, 2022-10-31):
# EVENTI DI RILIEVO
Il Comparto PrivilEdge – Ashmore Emerging Market Local Currency Bond è una strategia a gestione attiva che investe principalmente in obbligazioni in valuta locale di emittenti sovrani e quasi sovrani e che offre esposizione ai tassi e alle valute locali. Il benchmark è l’indice JP Morgan GBI-EM Global Diversified Constrained. Il Comparto ha la possibilità di investire fino al 20% del portafoglio in obbligazioni societarie dei mercati emergenti denominate in valute locali per sfruttarne il premio di rendimento rispetto ai titoli sovrani e quasi sovrani. Il Comparto è gestito da Ashmore, una società di gestione degli investimenti dedicata ai mercati emergenti fondata nel 1992. Al centro del processo si trova il Comitato d’investimento, che stabilisce il budget di rischio per tutte le strategie a seconda delle prospettive macroeconomiche globali e della ricerca Paese. Le decisioni del Comitato d’investimento vengono attuate dai team d’investimento, suddivisi per classi d’attivo dei mercati emergenti.
PERFORMANCE CUMULATIVA NETTO E PERFORMANCE ANNUALE IN EUR 
31-dic-2016 - 31-ott-2022
120 
110
100
90
80
2017	2018	2019	2020	2021	2022
| CODES | Class A | Class D |
| --- | --- | --- |
| ISIN | LU0866413726 | LU0866413999 |
| Bloomberg | LOSFCMA LX | LOSFCMD LX |
| NAV | CHF 12.32 | CHF 9.14 |

Translation (ENIT, 2022-10-31):
| CODICI | Classe A | Classe D |
| --- | --- | --- |
| ISIN | LU0866413726 | LU0866413999 |
| Bloomberg | LOSFCMA LX | LOSFCMD LX |
| VNI | CHF 12.32 | CHF 9.14 |
# NET PERFORMANCE IN EUR	Fund
YTD	-13.70%
1 month	0.78%
3 months	-6.35%
1 year	-12.89%
3 years	-1.34%
5 years	0.50%
10 years	25.52%
Total return (since 10.12.2009)	38.87%
Annualized
Fund
-
-
-
-
-0.45%
0.10%
2.29%
2.57%
ES - Switchable	Yes

## RATINGS
STATISTICS 
31.10.2017 - 31.10.2022	
Fund
Annualised volatility	8.96%
Sharpe ratio0.06
Max. drawdown	-14.37%

Translation (ENIT, 2022-10-31):
# PERFORMANCE NETTA IN EUR	Fondo
Da inizio anno	-13.70%
1 mese	0.78%
3 mesi (30.09.2022)	-3.02%
1 anno	-12.89%
3 anni	-1.34%
| 5 anni | 0.50% |  | 0.10% |
| --- | --- | --- | --- |
| 10 anni | 25.52% |  | 2.29% |
| Rendimento dal lancio (10.12.2009)	38.87% |  | 2.57% |

Annualizzata
Fondo
-
-
-
-
-0.45%
STATISTICHE 
31.10.2017 - 31.10.2022	
Fondo
Volat. su base annuale	8.96%
Indice di Sharpe0.06
Max. drawdown	-14.37%
# NET PERFORMANCE IN CHF	Fund
YTD	-13.51%
1 month	0.53%
3 months	-4.98%
1 year	-13.48%
3 years	-9.87%
5 years	-10.05%
10 years	-3.86%
Total return (since 10.12.2009)	-2.69%
Annualized
Fund
-
-
-
-
-3.39%
-2.09%
-0.39%
-0.21%
ES - Switchable	Yes

## RATINGS
STATISTICS 
31.10.2017 - 31.10.2022	
Fund
Annualised volatility	6.07%
Sharpe ratio	-0.22
Max. drawdown	-15.20%

Translation (ENIT, 2022-10-31):
# PERFORMANCE NETTA IN CHF	Fondo
Da inizio anno	-13.51%
1 mese	0.53%
3 mesi (30.09.2022)	-3.87%
1 anno	-13.48%
3 anni	-9.87%
| 5 anni | -10.05% |  | -2.09% |
| --- | --- | --- | --- |
| 10 anni | -3.86% |  | -0.39% |
| Rendimento dal lancio (10.12.20 | 09)	-2.69% |  | -0.21% |

Annualizzata
Fondo
-
-
-
-
-3.39%
STATISTICHE 
31.10.2017 - 31.10.2022	
Fondo
Volat. su base annuale	6.07%
Indice di Sharpe	-0.22
Max. drawdown	-15.20%
| NET PERFORMANCE IN EUR | Fund | Bench. |  | Fund | Bench. |
| --- | --- | --- | --- | --- | --- |
| YTD | -30.42% | -26.74% |  | - | - |
| 1 month | 4.61% | 6.73% |  | - | - |
| 3 months | -10.70% | -12.10% |  | - | - |
| 1 year | -28.94% | -26.63% |  | - | - |
| 3 years | -1.00% | 7.07% |  | -0.33% | 2.30% |
| 5 years | -5.98% | 12.39% |  | -1.22% | 2.36% |
| 10 years | 65.28% | 116.56% |  | 5.13% | 8.00% |
| Total return (since 13.06.2003) | 310.35% | 370.18% |  | 7.53% | 8.28% |
| STATISTICS  31.10.2017 - 31.10.2022 | Fund | Bench. |  |  | Fund |
| Annualised volatility | 18.85% | 18.58% |  | Number of positions | 55 |
| Sharpe ratio | -0.04 | 0.15 |  | Active share vs benchmark (%) | 90% |
| Max. drawdown | -33.49% | -31.36% |  | Top 20 holdings (% of portfolio) | 47% |
| Correlation |  | 0.955 |  | Median market cap (€ billion) | 4.5 |
| Tracking error |  | 5.64% |  | Equity exposure (%) | 99% |
|  |  |  |  | P/E (next 12 months) | 14.8x |
|  |  |  |  | EPS Growth (next 12 months) | 14.9% |
| Return on Equity (last 12 months)	14.2% Dividend Yield (last 12 months)	1.8% |

Translation (ENIT, 2022-10-31):
| PERFORMANCE NETTA IN EUR | Fondo | Bench. |  | Fondo | Bench. |
| --- | --- | --- | --- | --- | --- |
| Da inizio anno | -30.42% | -26.74% |  | - | - |
| 1 mese | 4.61% | 6.73% |  | - | - |
| 3 mesi (30.09.2022) | -4.87% | -10.25% |  | - | - |
| 1 anno | -28.94% | -26.63% |  | - | - |
| 3 anni | -1.00% | 7.07% |  | -0.33% | 2.30% |
| 5 anni | -5.98% | 12.39% |  | -1.22% | 2.36% |
| 10 anni | 65.28% | 116.56% |  | 5.13% | 8.00% |
| Rendimento dal lancio (13.06.2003) | 310.35% | 370.18% |  | 7.53% | 8.28% |
| STATISTICHE  31.10.2017 - 31.10.2022 | Fondo | Bench. |  |  | Fondo |
| Volat. su base annuale | 18.85% | 18.58% |  | Numero di titoli | 55 |
| Indice di Sharpe | -0.04 | 0.15 |  | Active share vs benchmark (%) | 90% |
| Max. drawdown | -33.49% | -31.36% |  | Top 20 holdings (% of portfolio) | 47% |
| Correlazione |  | 0.955 |  | Median market cap (€ billion) | 4.5 |
| Tracking Error |  | 5.64% |  | Equity exposure (%) | 99% |
|  |  |  |  | P/E (next 12 months) | 14.8x |
|  |  |  |  | EPS Growth (next 12 months) | 14.9% |
| Return on Equity (last 12 months)	14.2% Dividend Yield (last 12 months)	1.8% |
# TOP 3 STOCK REDUCTIONS IN BPS (LAST MONTH)
Koninklijke Kpn	
-78
Teleperformance Warehouses De Pauw

Translation (ENIT, 2022-10-31):
# TOP 3 STOCK REDUCTIONS IN BPS (LAST MONTH)
Koninklijke Kpn	
-78
Teleperformance Warehouses De Pauw
# TOP 3 CONTRIBUTORS IN BPS (CONTRIBUTION, LAST MONTH)
Bakkafrost
23
Alstom
22
Smurfit Kappa Group
20
TOP 3 DETRACTORS IN BPS (CONTRIBUTION, LAST MONTH)
SIG Group	
-37
Compugroup Medical Se & Co
Siegfried Holding

Translation (ENIT, 2022-10-31):
# TOP 3 CONTRIBUTORS IN BPS (CONTRIBUTION, LAST MONTH)
Bakkafrost
23
Alstom
22
Smurfit Kappa Group
20
TOP 3 DETRACTORS IN BPS (CONTRIBUTION, LAST MONTH)
SIG Group	
-37
Compugroup Medical Se & Co
Siegfried Holding
# TOP 10 (IN %)
Panther Bf Aggregator 2 4.375% 15/05/26 5.125% Fixed, Titan Holdings Ii B.v., 15 6.75% Fixed, Inter Media And Communicati 3% Fixed, Ardagh Metal Packaging Finance 4.875% Fixed, Virgin Media Vendor Financ Albion Financing 1sarl 5.25% 15/10/26 Re 4.375% Fixed, Tk Elevator Midco Gmbh, 15 4% Fixed, Altice France Holding S.a., 06 Pinewood Finance Co 3.625% 15/11/27
Regs
2.2
2.1
2.1
2.0
2.0
2.0
2.6
2.9
2.8
Iceland Bondco 4.625% 15/03/25 Regs
2.0

Translation (ENIT, 2022-10-31):
# PRINCIPALI 10 TITOLI (IN %)
Panther Bf Aggregator 2 4.375% 15/05/26 5.125% Fixed, Titan Holdings Ii B.v., 15 6.75% Fixed, Inter Media And Communicati 3% Fixed, Ardagh Metal Packaging Finance 4.875% Fixed, Virgin Media Vendor Financ Albion Financing 1sarl 5.25% 15/10/26 Re 4.375% Fixed, Tk Elevator Midco Gmbh, 15 4% Fixed, Altice France Holding S.a., 06 Pinewood Finance Co 3.625% 15/11/27
Regs
2.2
2.1
2.1
2.0
2.0
2.0
2.6
2.9
2.8
Iceland Bondco 4.625% 15/03/25 Regs
2.0
# TOP 10 (IN %)
Ameriprise Financial
Iqvia Holdings Service Corp Intl
Thermo Fisher Scientific Inc
CVS Health Brunswick Corp CI Financial Schwab Charles Manulife Financial
2.7
2.7
2.5
2.5
2.5
3.3
3.2
3.1
2.9

Translation (ENIT, 2022-10-31):
# PRINCIPALI 10 TITOLI (IN %)
Ameriprise Financial
Iqvia Holdings Service Corp Intl
Thermo Fisher Scientific Inc
CVS Health Brunswick Corp CI Financial Schwab Charles Manulife Financial
2.7
2.7
2.5
2.5
2.5
3.3
3.2
3.1
2.9
# NET PERFORMANCE IN CHF	Fund
YTD	-15.40%
Annualized
Fund
-
| risk-free or that capital is necessarily guar | anteed or protected. | 1 month | -0.19% |  | - |
| --- | --- | --- | --- | --- | --- |
| CODES | Class A | 3 months | -7.86% |  | - |

| 1 year | -15.50% |  |  | - |
| --- | --- | --- | --- | --- |
| 3 years | -2.25% |  |  | -0.75% |
| 5 years | 4.79% |  |  | 0.94% |
| Total return (since 21.02.2017) | 18.18% |  |  | 2.97% |

ISIN	LU1542446205
Bloomberg	LOARGMA LX
NAV	CHF 11.82

## FISCAL INFORMATION
ES - Switchable	Yes
STATISTICS 
31.10.2017 - 31.10.2022	
Fund
Annualised volatility	8.97%
Sharpe ratio0.19
Max. drawdown	-18.27%
Fund
Average rating	BBB-
Modified duration2.56
Exposure	79.62%
Number of positions263

Translation (ENIT, 2022-10-31):
# PERFORMANCE NETTA IN CHF	Fondo
Da inizio anno	-15.40%
1 mese	-0.19%
| 1 anno | -15.50% |  |  | - |
| --- | --- | --- | --- | --- |
| 3 anni | -2.25% |  |  | -0.75% |

3 mesi (30.09.2022)	-4.87%
Annualizzata
Fondo
-
-
-
| NET PERFORMANCE IN CHF | Fund | Bench. |  | Fund | Bench. |
| --- | --- | --- | --- | --- | --- |
| YTD | 2.17% | 14.24% |  | - | - |
| 1 month | 0.54% | 1.75% |  | - | - |
| 3 months | -7.38% | -6.96% |  | - | - |
| 1 year | 1.33% | 9.20% |  | - | - |
| 3 years | 23.13% | 38.12% |  | 7.15% | 11.32% |
| 5 years | 10.28% | 23.88% |  | 1.97% | 4.36% |
| 10 years | -24.80% | -29.95% |  | -2.80% | -3.49% |
| Total return (since 06.07.2011) | -37.62% | -39.71% |  | -4.07% | -4.36% |
| STATISTICS  31.10.2017 - 31.10.2022 |  |  |  | Fund | Bench. |
| Annualised volatility |  |  |  | 14.83% | 15.81% |
| Sharpe ratio |  |  |  | 0.19 | 0.32 |
| Max. drawdown |  |  |  | -33.59% | -34.58% |
| Correlation |  |  |  |  | 0.900 |
| Tracking error |  |  |  |  | 6.91% |

Translation (ENIT, 2022-10-31):
| PERFORMANCE NETTA IN CHF | Fondo | Bench. |  | Fondo | Bench. |
| --- | --- | --- | --- | --- | --- |
| Da inizio anno | 2.17% | 14.24% |  | - | - |
| 1 mese | 0.54% | 1.75% |  | - | - |
| 3 mesi (30.09.2022) | -9.02% | -4.85% |  | - | - |
| 1 anno | 1.33% | 9.20% |  | - | - |
| 3 anni | 23.13% | 38.12% |  | 7.15% | 11.32% |
| 5 anni | 10.28% | 23.88% |  | 1.97% | 4.36% |
| 10 anni | -24.80% | -29.95% |  | -2.80% | -3.49% |
| Rendimento dal lancio (06.07.2011) | -37.62% | -39.71% |  | -4.07% | -4.36% |
| STATISTICHE  31.10.2017 - 31.10.2022 |  |  |  | Fondo | Bench. |
| Volat. su base annuale |  |  |  | 14.83% | 15.81% |
| Indice di Sharpe |  |  |  | 0.19 | 0.32 |
| Max. drawdown |  |  |  | -33.59% | -34.58% |
| Correlazione |  |  |  |  | 0.900 |
| Tracking Error |  |  |  |  | 6.91% |
# NET PERFORMANCE IN USD	Fund
YTD	-11.27%
1 month	0.02%
3 months	-4.94%
1 year	-11.20%
3 years	-4.58%
5 years	3.91%
Total return (since 04.11.2013)	21.85%
STATISTICS 
31.10.2017 - 31.10.2022	
Fund
Annualised volatility	5.59%
Sharpe ratio	-0.10
Max. drawdown	-11.64%
Annualized
Fund
-
-
-
-
-1.55%
0.77%
2.21%
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	-11.27%
1 mese	0.02%
3 mesi (30.09.2022)	-1.97%
Annualizzata
Fondo
-
-
-
| CODICI | Classe A |  | 1 anno | -11.20% |  |  | - |
| --- | --- | --- | --- | --- | --- | --- | --- |
|  |  |  | 3 anni | -4.58% |  |  | -1.55% |
| ISIN | LU0970177787 |  | 5 anni | 3.91% |  |  | 0.77% |
| Bloomberg | LGFIUMA LX |  | Rendimento dal lancio (04.11.2013) | 21.85% |  |  | 2.21% |
| VNI | USD 121.85 |  | STATISTICHE  31.10.2017 - 31.10.2022 | Fondo |  |  | Fondo |
| RATINGS |  |  | Volat. su base annuale | 5.59% |  | Cedola media | 2.77% |
| Morningstar Rating	Indice di Sharpe	-0.10	Scadenza media5.13 Max. drawdown	-11.64%	Rating medio	A- Duration modificata3.98 Yield to maturity (hedged)	7.04% Numero di titoli376 Obblig. non govern.	61.87% |
## RISK AND REWARD PROFILE
LO Selection - The Global Fixed Income Opportunities, Syst. Hdg, (USD) M A
Annual or YTD performance (Fund)

Translation (ENIT, 2022-10-31):
## PROFILO DI RISCHIO
LO Selection - The Global Fixed Income Opportunities, Syst. Hdg, (USD) M A
Rendimento annuale o YTD (Fondo)
# NET PERFORMANCE IN CHF	Fund
YTD	6.94%
1 month	-4.53%
3 months	-8.08%
1 year	0.03%
3 years	16.79%
Total return (since 04.09.2018)	5.04%
Annualized
Fund
-
-
-
- 5.29%
1.19%

## FISCAL INFORMATION
ES - Switchable	Yes

## RATINGS
Morningstar Category	Alt - Market Neutral - Equity
STATISTICS 
04.09.2018 - 31.10.2022	
Fund
Annualised volatility	13.10%
Sharpe ratio0.15
Max. drawdown	-15.64%

Translation (ENIT, 2022-10-31):
# PERFORMANCE NETTA IN CHF	Fondo
Da inizio anno	6.94%
1 mese	-4.53%
3 mesi (30.09.2022)	-2.00%
1 anno	0.03%
3 anni	16.79%
Rendimento dal lancio (04.09.2018)	5.04%
Annualizzata
Fondo
-
-
-
- 5.29%
1.19%

## RATINGS
Morningstar Category	Alt - Market Neutral - Equity
STATISTICHE 
04.09.2018 - 31.10.2022	
Fondo
Volat. su base annuale	13.10%
Indice di Sharpe0.15
Max. drawdown	-15.64%
# NET PERFORMANCE IN CHF	Fund
YTD	6.94%
1 month	-4.53%
3 months	-8.08%
1 year	0.03%
3 years	16.79%
Total return (since 04.09.2018)	5.04%
Annualized
Fund

Translation (ENIT, 2022-10-31):
# PERFORMANCE NETTA IN CHF	Fondo
Da inizio anno	6.94%
1 mese	-4.53%
3 mesi (30.09.2022)	-2.00%
1 anno	0.03%
3 anni	16.79%
Rendimento dal lancio (04.09.2018)	5.04%
Annualizzata
Fondo
# HIGHLIGHTS
PrivilEdge – Columbia US Short Duration High Yield is an actively managed long-only US short duration high yield fixed income strategy. It is managed by Columbia Threadneedle Investments, the asset management arm of Ameriprise Financial Inc. based in Minneapolis. The fund seeks to generate consistent long term returns through compounding income and avoiding principal losses by selecting below investment grade bonds denominated in USD. It invests in short dated issues in order to diminish overall volatility. The target average maturity of the fund is 2.5 years, although the investment team may vary this approach if market conditions so warrant. The management team combined bottom-up and top-down approach, with a deep credit selection process that seeks to maximise return per unit of risk. Constant focus on downside risk creates an asymmetrical risk profile. It materialises through portfolio diversification, position size management and a strong sell discipline.
NET CUMULATIVE PERFORMANCE AND ANNUAL PERFORMANCE IN USD 
Dec 31, 2016 - Oct 31, 2022
120
Min. investment	EUR 3'000 or equivalent
110
7.79%  5.21%
10.68%
4.61%
3.53%	4.85%
Entry/Exit fees	0.00% / 0.00%
Management fee	0.80%
Distribution fee	0.45%
100
2.12%
-1.05%
0.79%
2.22%
FROC	0.35%
Ongoing charge (30 September 2022)	1.61%
TER max (31 March 2022)	1.60%

Translation (ENIT, 2022-10-31):
# EVENTI DI RILIEVO
PrivilEdge – Columbia US Short Duration High Yield è una strategia long-only a gestione attiva incentrata sulle obbligazioni high yield statunitensi con duration breve. È gestita da Columbia Management Investment Advisers, la divisione di gestione degli investimenti di Ameriprise Financial Inc. con sede a Minneapolis. Il Comparto punta a generare rendimenti elevati a lungo termine accumulando redditi composti ed evitando perdite di capitale mediante un’efficace selezione di obbligazioni con merito di credito inferiore a investment grade denominate in USD. Per ridurre la volatilità complessiva, il Comparto investe in emissioni a breve scadenza. L’obiettivo di scadenza media degli investimenti del Comparto è di 2,5 anni, anche se il team d’investimento può modificare questo approccio in determinate condizioni di mercato. Il team di gestione unisce un approccio bottom-up a un’analisi top-down nell’ambito di un processo approfondito di selezione dei titoli di credito che mira a massimizzare il rendimento per unità di rischio. L’enfasi costante sul rischio di ribasso genera un profilo di rischio asimmetrico che si concentra sulla diversificazione del portafoglio, la gestione della dimensione delle posizioni e una rigorosa disciplina di vendita.
PERFORMANCE CUMULATIVA NETTO E PERFORMANCE ANNUALE IN USD 
31-dic-2016 - 31-ott-2022
Investimento minimo	EUR 3'000 o equivalente Spesa di sottoscrizione/rimborso		0.00% / 0.00% Commissione di gestione			0.80%
Commissione di distribuzione	0.45%
FROC	0.35%
Ongoing charge (30 settembre 2022)	1.61%
TER max (31 marzo 2022)	1.60%
# TOP 10 (IN %)
5.125% Fixed, Kar Auction Services, Inc, 7.125% Fixed, Wesco Distribution Inc, 12 6.25% Fixed, Caesars Entertainment Inc, 5.75% Fixed, Caesars Entertainment Inc, Nextera Energy Operating 4.25% 15/07/24 6.25% Fixed, Select Medical Corp, 01.08.
7% Fixed, Irb Holding Corp, 21.05.2020-1 5.625% Fixed, Crownrock Lp / Crownrock F 7.5% Fixed, Uber Technologies Inc, 15.05 6.75% Fixed, CD&R Smokey Buyer Inc, 01.0
2.0

Translation (ENIT, 2022-10-31):
# PRINCIPALI 10 TITOLI (IN %)
5.125% Fixed, Kar Auction Services, Inc, 7.125% Fixed, Wesco Distribution Inc, 12 6.25% Fixed, Caesars Entertainment Inc, 5.75% Fixed, Caesars Entertainment Inc, Nextera Energy Operating 4.25% 15/07/24 6.25% Fixed, Select Medical Corp, 01.08.
7% Fixed, Irb Holding Corp, 21.05.2020-1 5.625% Fixed, Crownrock Lp / Crownrock F 7.5% Fixed, Uber Technologies Inc, 15.05 6.75% Fixed, CD&R Smokey Buyer Inc, 01.0
2.0
# NET PERFORMANCE IN EUR	Fund
YTD	-5.99%
1 month	0.23%
3 months	-2.21%
1 year	-6.39%
3 years	-1.86%
Total return (since 11.01.2019)	0.39%
Annualized
Fund

Translation (ENIT, 2022-10-31):
# PERFORMANCE NETTA IN EUR	Fondo
Da inizio anno	-5.99%
1 mese	0.23%
3 mesi (30.09.2022)	-1.71%
1 anno	-6.39%
3 anni	-1.86%
Rendimento dal lancio (11.01.2019)	0.39%
Annualizzata
Fondo
# HIGHLIGHTS
LOF – Global HealthTech is actively managed in reference to the MSCI ACWI Index. It invests in equity securities issued by companies worldwide (including Emerging Markets) that are active in the research, development, production, promotion and/or distribution of digital healthcare products, services and/or technologies. The Sub-Fund may invest across all economic sectors (including, but not limited to, companies that support the supply chain of, and provide services for, these companies). The Sub-Fund seeks to invest in high quality companies with sustainable financial models, business practices and business models showing resilience and the ability to evolve and benefit from long term structural trends using LOIM proprietary ESG and Sustainability Profiling tools and methodologies. The investment approach is based on fundamental research. As part of its Emerging Market exposure, the Sub-Fund may invest up to 20% of its net assets in shares issued by mainland China-incorporated companies (including China A-Shares). The Investment Manager is authorized to use financial derivative instruments for hedging purposes or for EPM but not as part of the investment strategy.
NET CUMULATIVE PERFORMANCE AND ANNUAL PERFORMANCE IN USD 
Sep 20, 2021 - Oct 31, 2022
100

Translation (ENIT, 2022-10-31):
# EVENTI DI RILIEVO
LOF – Global Health Tech è gestito attivamente rispetto all’indice MSCI ACWI. Investe in azioni di società di tutto il mondo (compresi i mercati emergenti) attive nella ricerca, sviluppo, produzione, promozione e/o distribuzione di prodotti, servizi e/o tecnologie digitali per il settore sanitario. Il Comparto può investire in tutti i settori economici (tra cui, a titolo esemplificativo ma non esaustivo, società che appartengono alla filiera produttiva o forniscono servizi a queste aziende). Il Comparto mira a investire in società di alta qualità con modelli finanziari, prassi aziendali e modelli operativi sostenibili, che dimostrano resilienza e la capacità di evolversi e trarre vantaggio dalle tendenze strutturali di lungo termine utilizzando le metodologie e gli strumenti proprietari di Definizione del profilo ESG e di sostenibilità di LOIM. L’approccio di investimento si basa sulla ricerca fondamentale. Nell’ambito dell’esposizione ai Mercati emergenti, il Comparto può investire fino al 20% del patrimonio netto in azioni emesse da società con sede principale nella Cina continentale (comprese le Azioni A cinesi). Il Gestore è autorizzato a utilizzare strumenti finanziari derivati a fini di copertura o di un’EGP, ma non nell’ambito della strategia d’investimento.
PERFORMANCE CUMULATIVA NETTO E PERFORMANCE ANNUALE IN USD 
20-set-2021 - 31-ott-2022
100
# NET PERFORMANCE IN USD	Fund
YTD	-7.56%
| 3 months | -3.78% |  |  | - |
| --- | --- | --- | --- | --- |
| 1 year | -7.45% |  |  | - |
| 3 years	3.55%	1.17% 5 years	14.26%	2.69% 10 years	47.72%	3.96% Total return (since 15.02.2012)	50.59%	3.88% |

1 month	0.18%
STATISTICS 
31.10.2017 - 31.10.2022	
Fund
Annualised volatility	5.12%
Sharpe ratio0.26
Max. drawdown	-9.16%
Annualized
Fund
-
-
Fund
Average rating	BBB-
Modified duration1.46
Exposure	45.51%
Number of positions263
Morningstar Category	EAA Fund EUR Flexible Allocation -
Global

Translation (ENIT, 2022-10-31):
# PERFORMANCE NETTA IN USD	Fondo
Da inizio anno	-7.56%
1 mese	0.18%
Annualizzata
Fondo
-
-
| 3 anni | 3.55% |  |  | 1.17% |
| --- | --- | --- | --- | --- |
| 5 anni | 14.26% |  |  | 2.69% |
| 10 anni | 47.72% |  |  | 3.96% |
| Rendimento dal lancio (15.02.2012) | 50.59% |  |  | 3.88% |

ISIN	LU0718511339
Bloomberg	LOARUIA LX
VNI	USD 15.06

## RATINGS
Morningstar Category	EAA Fund EUR Flexible Allocation -
Global
STATISTICHE 
31.10.2017 - 31.10.2022	
Fondo
Volat. su base annuale	5.12%
Indice di Sharpe0.26
Max. drawdown	-9.16%
Fondo
Rating medio	BBB-
Duration modificata1.46
Exposure	45.51%
Numero di titoli263
# INCREASED (SECURITIES)
Sika 0.15% 05/06/25 Cnv Cellnex Telecom 0.75% 20/11/31 Cnv Clnx Takashimaya Co 0% 06/12/28 Cnv Worldline France 0% 30/07/26 Cnv
Posco 0% 01/09/26 Cnv
1.4

Translation (ENIT, 2022-10-31):
# INCREASED (SECURITIES)
Sika 0.15% 05/06/25 Cnv Cellnex Telecom 0.75% 20/11/31 Cnv Clnx Takashimaya Co 0% 06/12/28 Cnv Worldline France 0% 30/07/26 Cnv
Posco 0% 01/09/26 Cnv
1.4
# NET PERFORMANCE IN USD	Fund
YTD	-4.81%
1 month	0.40%
| 1 year | -5.05% |  | - |
| --- | --- | --- | --- |
| 3 years | 0.07% |  | 0.02% |
| Total return (since 16.01.2019) | 3.75% |  | 0.97% |

3 months	-1.62%
Annualized
Fund
-
-
-
NAV	USD 10.38

## FISCAL INFORMATION
ES - Switchable	No

## RATINGS
Morningstar Category	Alt - Event Driven
STATISTICS 
16.01.2019 - 31.10.2022	
Fund
Annualised volatility	3.44%
Sharpe ratio	-0.04
Max. drawdown	-6.21%

Translation (ENIT, 2022-10-31):
# PERFORMANCE NETTA IN USD	Fondo
Da inizio anno	-4.81%
1 mese	0.40%
3 mesi (30.09.2022)	-1.10%
1 anno	-5.05%
3 anni	0.07%
Rendimento dal lancio (16.01.2019)	3.75%
Annualizzata
Fondo
-
-
-
- 0.02%
0.97%

## RATINGS
Morningstar Category	Alt - Event Driven
STATISTICHE 
16.01.2019 - 31.10.2022	
Fondo
Volat. su base annuale	3.44%
Indice di Sharpe	-0.04
Max. drawdown	-6.21%
# SECTORS (IN %)
Health care Consumer discretionary Consumer staples Information technology Others (liquid assets incl.)
86.4
Tecan Group
2.9

Translation (ENIT, 2022-10-31):
# SCOMPOSIZIONE SETTORIALE (IN %)
Sanità Beni voluttuari
Beni di prima necessità Tecnologia dell'informazione Others (liquid assets Incl.)
86.4
Tecan Group
2.9