Cyril Systematic
Systematic multi-asset management designed to deliver returns uncorrelated with equity markets.
Performance
Rebased to 100 at 30/06/2000. Net of management fees.
Investment objective
The Cyril Systematic fund aims to deliver absolute performance and dynamic management uncorrelated with the economic environment and the behaviour of traditional markets (equities, bonds, money markets, real estate). It targets an annual performance, net of all management fees, of between 5% and 15% above the €STR (Euro Short-Term Rate), with an annualised monthly volatility of between 10% and 15%.
How we select
The "systematic" management style relies on quantitative trend-following methods that seek to capture upward and downward market moves over horizons ranging from a few hours to a few months, complemented by other approaches exploiting volatility or market noise. Buy and sell signals are generated by proprietary models and order execution is largely automated.
Risk is monitored through a daily Value at Risk calculation (absolute VaR, 20 days, 99% confidence), capped at 20% of the fund's assets; the leverage level, around 10 on average, can occasionally exceed 1,000% of net assets when the model's conviction is strong.
Main risks
Risk of capital loss (no guarantee), model risk, market risk (absence of an exploitable trend), overexposure risk that can exceed 1,000% of net assets, counterparty risk, risk related to derivatives and high leverage, interest rate risk, credit risk, currency risk. The full list is set out in the prospectus.
Fund manager
Share class details
| Share class | ISIN | Management fee | Minimum subscription | Assets |
|---|---|---|---|---|
| P | FR0011073774 | 2.40 % | €100 | €221,696 |
| C | FR0011073766 | 1.50 % | $100,000 | $3,923,862 |
| I | FR0000976342 | 1.50 % | €500,000 | €51,163 |
Subscribe
The terms depend on your situation. The profile chosen at the top of the page determines what is shown here.
Distribution
The fund is available on the main platforms and insurance companies. The list of contracts is updated each quarter.
View insurer listingsYour contact
A partner relations manager follows your firm and handles requests for documentation or bespoke reporting.
Write to usThrough your adviser
The simplest route. Your wealth adviser or your bank can subscribe on your behalf.
How to subscribeThrough life insurance
The fund is available as a unit-linked option in several contracts. Check availability with your insurer.
Listed contractsBefore you invest
Read the key information document. This fund carries a risk of capital loss and should be held for the recommended holding period.
Key information documentIC share class
Share class reserved for institutional investors, reduced management fee, minimum subscription of 500,000 euros.
IC share class documentationBespoke reporting
Detailed monthly reporting, portfolio look-through, ESG data in the format you require.
Request a reportPast performance is not a guide to future performance and is not constant over time. It is calculated net of all fees and as at the date shown. This fund carries a risk of capital loss and offers no guarantee of return.
The information on this page is general in nature and constitutes neither personalised investment advice nor an offer to subscribe. Before any decision, the key information document and the prospectus must be consulted.