Our Funds

MLIS – Theorema European Equity Long-Short UCITs Fund

Overview

The Merrill Lynch Investment Solutions - MLIS – Theorema European Equity Long-Short UCITs Fund offers access to Theorema’s Europe Strategy, an established absolute return strategy, within a UCITS-compliant Fund. The Fund is managed by Giovanni Govi and Francesco Masoni, selecting opportunities across sectors on a comparable, objective basis. The investment approach optimises stock picking within sectors by selecting absolute long, short and relative value trade ideas on a risk-adjusted basis, whilst maintaining discipline through a consistent approach to capital allocation and a focus on bottom-up valuations.

Fund Profile


  • MLIS – Theorema European Equity Long-Short UCITs Fund launched in June 2010
  • Daily liquidity
  • Fees: Institutional 2% and 20%, Retail 2.75% and 20% (subject to high water mark), EUR, GBP and USD denominated share classes

  • Administrator: State Street Bank Luxembourg S.A
  • Prime Broker: Merrill Lynch

Fund Facts

UCITS III
LAUNCH DATE June 2010
TARGETED NET ANNUAL RETURN 11 – 15%
CONCENTRATION 60 – 80 securities
INDIVIDUAL EXPOSURE (% NAV)
TYPICAL Av. longs 3-6%, shorts 1.5-3.75%
MAX Longs 10%, shorts 6%
GROSS EXPOSURE
TYPICAL 165 – 225%
MAX 300%
SECTOR 30% of gross
COUNTRY 30% of gross
NET BETA EXPOSURE
TYPICAL 15 – 45%
MAX -15 – 75%

Source: Theorema

To find out more about this fund, please call us on +44 20 7318 5330 or email us at theorema@theoremafunds.com.

Contact Theorema

UK Office

Tel:

+44 20 7318 5330


Fax:

+44 20 7318 5350



Email:

theorema@theoremafunds.com For details about careers or marketing, or for our Maltese/UK address, please visit the contact page.

Our Structure

Theorema Advisors UK LLP, based in the UK, currently manages Theorema Credit Equity Opportunity Fund and MLIS – Theorema European Equity Long-Short UCITs Fund on behalf of Theorema Advisors Ltd.

find out more

Our Philosophy

We endeavour to generate a high level of alpha, irrespective of the market environment, whilst maintaining a low level of volatility and continue to have a strong emphasis on capital preservation.

find out more

Our Team

Theorema has a highly experienced team, led by Giovanni Govi, Founder and Chief Investment Officer. The team also includes two portfolio managers, three analysts, one trader, a risk manager, a CEO, a COO and two support staff.

find out more