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Friedland Allocation Flexible
Flexible allocation across equities, bonds and cash, steered to cushion market cycles.
Performance
Rebased to 100 at 31/12/2011. Net of management fees.
Investment objective
This UCITS is managed actively and on a discretionary basis. Its management objective is to seek an annualised performance, net of management fees, of more than 5% for the AC unit over the recommended investment horizon. This strategy, in which the manager has latitude over asset allocation, does not require a benchmark; performance may nonetheless be compared, after the fact, with a comparison indicator made up of 50% of the MSCI AC World index (dividends reinvested) and 50% of the capitalised €STR.
How we select
Asset allocation starts from a global macroeconomic analysis and the relative assessment of equity, bond and convertible markets, before selecting direct holdings or funds (UCITS/AIFs), then weighting positions according to the desired risk/return balance. For equities, the qualitative approach (management strategy and quality, growth prospects, competitive position) is complemented by conventional financial analysis, with no sector constraint. For fixed income, the management company favours its own credit analysis over reliance on rating agencies alone; fund selection combines quantitative and qualitative filters.
The fund commits to wide exposure ranges: 0% to 100% in equities of any region and market-cap size, including emerging markets; 0% to 100% in fixed-income instruments of any rating or unrated, with an interest-rate sensitivity between -8 and +8; 0% to 100% in convertible bonds; 0% to 100% in currency risk outside the euro.
Main risks
Risk of capital loss (no guarantee), equity market risk, small-cap risk, emerging markets risk, interest rate risk (sensitivity from -8 to +8), credit risk, risk related to speculative (high-yield) securities, risk related to convertible bonds, currency risk, risk related to derivative instruments, liquidity risk, counterparty risk, sustainability risk. The full list is set out in the prospectus.
Fund manager
Share class details
| Share class | ISIN | Management fee | Minimum subscription | Assets |
|---|---|---|---|---|
| C | FR0010259408 | 2.00 % | 1 unit | €3,761,410 |
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.