ESAF and BAF launch a new Fund of UCITS III Funds

ESAF – Espírito Santo International Management, S.A. (Lux) announces the launch of a new Fund of UCITS III Funds.

ESAF – Espírito Santo Gestão de Patrimónios, S.A, the Investment Manager designated BAF (Blue Activos Financeiros – SGP, S.A) as Investment Advisor of the Fund.

 

This new Luxemburg Fund, Dynamic Alpha Portfolio UCITS III is one of the first to be launched in Europe in this new generation of strongly regulated “Flexible Investment Funds”.

 

As the name suggests this Fund is an “Active Managed Portfolio” of UCITS III “Alpha” Funds.

 

Dynamic Alpha Portfolio UCITS III Fund is regulated by EU UCITS III directive, transparent, liquid and therefore eligible for investment from Pension Funds and Insurance Companies in Europe but also aiming to serve the growing global demand, particularly in Asia and Latin

America.

 

Dynamic Alpha Portfolio UCITS III Fund main features

· The Fund objective is to provide its investors with capital growth, mainly by investing in units of UCITS III offering different strategies. The Investment philosophy is to deliver a positive performance regardless of market conditions.

· Target Return - Euribor 3M + 4% - 8%

· Targeting low volatility and low beta levels.

· Target Volatility < 6%

· Alpha is driven by identifying, and finding the best way to capitalise on, specific manager skill.

· Investing in a selection of UCITS III funds within the most liquid assets / strategies (Long/Short Equity, Global Macro, CTA, Currency, Volatility).

· # Managers: 12-15 managers

· Maximum position size: 12%

 

Main Terms & Conditions (*)

Retail Class InstitutionalClass

Minimum Investment EUR 1.000 EUR 500.000

Annual Management Fee 2% 1,5%

 

Liquidity Terms

Subscription Terms: Weekly on Wednesdays (1 business day before Dealing Day)

Redemption Terms: Weekly on Wednesdays (6 business days before Dealing Day)

 

(*) Full details available in the Prospectus

 

 

 

 

NOTES TO THE EDITOR

About ESAF

· ESAF – Espírito Santo International Management, SA (Lux) is part of Grupo Banco

Espírito Santo.

About BAF

· Founded in 2004 as an independent firm, to manage the assets of high net worth individuals, family offices and institutional clients.

· 10 years experience in absolute return strategies and 16 years in capital markets. 

· Strength in depth – Experienced team who is 100% focused on asset allocation strategies, portfolio construction and risk management.

· Unique blend of quantitative and qualitative analysis – combining bespoke economic analysis and proprietary quant models with the judgement of a highly experienced team of decision makers. The team have used this process for ten years in a wide range of market environments.

· A robust process – we have a strong, repeatable framework that has been refined and tested over time. We are able to model and address the uncertainty inherent in future economic trends and asset class returns.

· Blue Activos Financeiros, S.A is authorized and regulated by the Bank of Portugal and CMVM.

· Management owns 75% of firm and are co-invested in Blue Portfolios ensuring their interests are closely aligned with those of clients.

 

For further information, please contact

Pedro Gonçalves

ESAF – Espírito Santo Activos Financeiros

Tel: + 351 213 822 850

pgoncalves@esaf.pt

 

Duarte Freitas do Amaral

Blue Activos Financeiros, S.A

Tel: +351 213 584 490

damaral@blue-investments.com