Products

Longchamp Kinzica Fund

Investment Objective 

The Investment objective of the Fund is to generate a variable annual income to be distributed through a flexible approach.

To achieve its objective, the Fund will tend to invest 100% of its assets in long dated Italian Government Bonds (BTPs) and will swap the BTP performance against a variety of profiles including strategies based on Equities, Rates, FX, Credit, Funds.

Swap will be entered with primary financial institutions in open architecture. They will provide exposure to various underlyings:

  • Linear exposure (delta 1)
  • Structured payoffs (synthetic structured product)

In its initial allocation, the Fund will enter into a swap to get exposure to an tier-1 investment bank's “Put Writing Strategy”.

The returns will be distributed at least once a year.

The allocation will vary over time according to the opportunity set identified by the Management Team. 

 

Benchmark 

The Fund’s investment strategy has no relevant benchmark index. Investors may however compare the Fund’s performance to EONIA.

EONIA (Euro OverNight Index Average) is the reference rate for overnight deposits in the Eurozone interbank market. The EONIA rate is computed by the European Central Bank using data provided by a panel of banks.

 

Risk Profile

Fund’s assets will mainly be invested in financial securities selected by the Investment Management Company. These securities are subject to market conditions and fluctuations. 

The Fund is classified as a AIF (“Fonds Professionel Specialise”).

Holders of shares or units of the Fund will be exposed to the following risks:

  • Risk of capital loss
  • Risk associated with the use of derivative instruments
  • Interest rate risk
  • Credit risk
  • Counterparty risk
  • Concentration risk
  • Risk of using leverage
  • Risk of securities lending
  • Liquidity risk

 

View larger chart

Fund Downloads

Umbrella Downloads

Fund Facts

Legal Structure: Fonds Commun de Placement (« FCP ») ; AIF (« Fonds Professionnel Specialise »)

Umbrella Fund: N.A.

Fund Manager: Longchamp Asset Management SAS

Passporting: Approved in France

Base Currency: EUR

Other Currency Share Classes: N.A.

Liquidity: Weekly (every Friday that is a Business Day)

Dealing Deadline (Subscription): 3:00 pm (Paris Time) 2 BDs before the relevant Dealing Day

Dealing Deadline (Redemption): 3:00 pm (Paris Time) 2 BDs before the relevant Dealing Day

Settlement Date (Subscription): Within 2 BDs after the relevant Dealing Day

Settlement Date (Redemption): Within 2 BDs after the relevant Dealing Day

Fund Share Class Details

ISIN Code BBG Code Inception Mgmt Fee Perf Fee TER KIID Link
Longchamp Kinzica Fund (Dedicated Income Fund )
Dedicated Share Class I EUR FR0013264090 KINZICA FP 17.07.2017 0.25% 0% 0.55%

TERMS OF USE

Access to the products presented on this website may be subject to restrictions regarding certain investor profiles and / or countries.

To continue your navigation, please select your investor type: