Investment strategy
Investment aim: to generate moderate/high returns, approaching those of equities, with a lower level of volatility and moderately correlated to risk assets.
Absolute Return: seek returns of 6%-8% over a three-year period, with lower volatility than equities and limit monthly losses to the 2%-3% range (not guaranteed). The aim is to achieve better investment returns and risk compared to a mixed or balanced fund.
Multi-strategy: Long/Short, Corporate Events, Global Macro and Relative Value are the strategies to be combined. There is no predetermined exposure range to any of these strategies, though more liquid ones are favoured (Long/Short and Global Macro).
Fund name:
Adler, FIL
Assets under management (€):
37.380.705,32
NAV 31-ago-2024 (€)
14.63982
Administrator and depositary:
BBVA
ISIN Code:
ES0105984001
Bloomberg ticker:
ADLERIL SM Equity
Net asset value:
Monthly
Management fee (%):
0,50
Number of shareholders:
32
Fund return and market index
Statistical analysis
| Annualised return | 3,83 % |
|---|---|
| Last 12 months | 14,13 % |
| Accumulated return | 70,96 % |
| Best month | 4,90 % |
| Worst month | (9,92) % |
| % positive months | 62,35 % |
| Volatility | 6,81 % |
| Sharpe ratio | 0,53 |
Net monthly return (%)
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 1,75 | 2,13 | 2,84 | (1,57) | 1,74 | 1,39 | 0,36 | 1,27 | 10,29 | ||||
| 2023 | 2,28 | (0,67) | 0,32 | 0,65 | (1,00) | 2,42 | 1,41 | (0,79) | (1,86) | (1,79) | 4,90 | 2,35 | 8,29 |
| 2022 | (6,47) | (2,09) | 1,61 | (2,97) | (2,09) | (3,40) | 3,81 | (1,51) | (3,58) | 2,08 | 1,63 | (2,20) | (14,60) |
| 2021 | (1,49) | 1,46 | (1,28) | 3,60 | (0,51) | 1,62 | 0,74 | 1,44 | (2,52) | 2,86 | (0,62) | 0,65 | 5,93 |
| 2020 | 0,52 | (2,54) | (9,92) | 3,90 | 3,47 | 0,78 | 2,21 | 2,90 | (1,15) | (0,64) | 4,25 | 3,11 | 6,17 |
| 2019 | 2,41 | 1,31 | 0,89 | 1,86 | (1,83) | 1,08 | 0,19 | (0,03) | (0,81) | 0,91 | 1,13 | 1,82 | 9,22 |
| 2018 | 2,75 | (1,74) | (1,35) | 0,17 | 1,55 | 0,02 | (0,41) | 1,78 | 0,07 | (6,66) | (0,52) | (2,09) | (6,54) |
| 2017 | 0,90 | 1,67 | 0,95 | 1,49 | 1,26 | (0,61) | 0,70 | 0,68 | 0,04 | 1,77 | 0,39 | 0,50 | 10,16 |
| 2016 | (2,58) | (0,26) | 0,47 | (0,89) | 0,62 | (1,60) | 2,08 | (0,38) | (0,26) | (0,98) | 0,06 | 1,78 | (2,03) |
| 2015 | 1,17 | 2,71 | 1,93 | (0,59) | 1,26 | (1,29) | 1,72 | (2,28) | (2,69) | 1,76 | 0,68 | (1,14) | 3,12 |
| 2014 | (1,22) | 1,65 | (1,02) | (1,48) | 0,87 | 0,37 | (1,46) | 0,62 | (0,17) | (0,35) | 1,58 | 0,39 | (0,28) |
| Total accumulated return | 70,96 | ||||||||||||