Zest Mediterraneus Absolute Value I
ZEST Mediterraneus Absolute Value is an open-end fund incorporated in Luxembourg. The Fund's objective aims to seek a consistent, absolute return while placing emphasis on the preservation of capital in the long term .Mediterraneus invests long and short primarily in liquid European Equities and related instruments with a focus on Italy, Spain, France, and Portugal. The pursuit of this objective utilizes fundamental research for stock picking in conjunction with technical analysis and hedging techniques. The average net exposure will vary from 30% to -30%.
Fact Sheets en
|Current NAV||989,18 (26.04.2017)|
|Trading and Valuation||Daily|
|Initial investment||1.000.000,00 Eur|
|Subsequent investments||500,00 Eur|
|Bloomberg ticker||ZMEDAVI LX|
|Combined performance||1 Month||3 Months||6 Months||YTD||1 year||2 years|
|Zest Mediterraneus Absolute Value I||-0,10%||0,26%||0,92%||0,15%||-1,35%||-|
|Zest Mediterraneus Absolute Value I||-1,02%||-||-||-||-|
Zest Mediterranues Absolute Value is a Long/ Short equity fund. The strategy of the fund consists in achieve consistent positive returns with moderate downside risk and low volatility investing long and short in European companies through a value contrarian approach oriented to discover hidden value or overvaluation cases . Our proprietary database of companies’ fundamentals numbers gives us the possibility to create our own valuation models and assign a risk/reward ratio for each company that enters into the portfolio. The fund has a focus on Italy Spain France and Portugal, where the team has a strong edge thanks to strong and quality relationships built over the years with companies and financial industry contacts.
Past performance is not indicative and not necessarily a guide to future performance. Please carefully read the Prospectus.