Egallp - Plurima Mosaico Fund

Ireland Italy Switzerland

Summary Key Benefits & Risks Why Plurima Mosaico Fund Key Facts Risks

Plurima Mosaico is a multi-asset multi-strategy investment fund that aims at providing a total return through an actively managed, multi-asset portfolio, offering a stable and sustainable income over time, with returns consistent with a moderate risk profile, by investing in a wide range of asset types, with both long and short positions, in different geographical areas and with different strategies.

The asset allocation is the result of a mix of systematic and discretionary investment approaches, constantly aimed at building a diversified portfolio by investing in equities, bonds, commodities, and currencies either directly or indirectly through derivatives, ETFs, or other funds.

The investment manager aggregates different asset classes, with different strategies and different investment approaches to build a diversified portfolio. This approach is well represented by the name of the strategy, which recalls the Mosaic, an image made of small regular and irregular pieces.

ISIN: IE00BF13LL09
Fund Net Assets: 10,550,535.83
Ongoing Charges: 2.82%
SFDR Classification: Article 8
Bloomberg Ticker: PLUMOAR ID

Documents

Key Benefits

The investment in Mosaico gives exposure to a broadly diversified portfolio of stocks, bonds, interest rates, currencies and commodities selected through both systematic and discretionary strategies.

The systematic approach is used mainly in the allocation to interest rates, government bonds, equity indices and currencies. While the discretionary approach is used in the building of an equity portfolio of European and US equities, selected on the basis of their company specific fundamentals, macroeconomic factors and market trends. With no constraints in terms of benchmark, geographic or sector allocation.

Key Risks

Risks are the ones typical of the multi asset investments. In particular the value of the investment in the fund may vary and the initial investment amount cannot be guaranteed. The exposure to equities brings the typical equity risk, where the value of the investment cannot be guaranteed, and the value of companies not listed in euros is affected by movements in currency exchange rates.

The currency risk is mitigated by the employment of currency futures for hedging purposes.

The exposure to fixed income has two main risks: interest rate risk and credit risk. The investment process aims at excluding credit risk (or the possibility that the issuer of the bond will not be able to repay the principal and make interest payments) by investing mainly in Investment Grade government and corporate bonds issued by companies with solid fundamentals.

Why Plurima Mosaico Fund?

Plurima Mosaico has a peculiar approach to the portfolio construction.

The Investment management activity implements a dynamic asset allocation in the construction of a portfolio composed of equities, government and corporate bonds (HY maximum 35%, EM maximum 35%), real assets like commodities (maximum 35%) and REITS (maximum 30%), and currencies.

This approach is consistent with the result of an analysis that takes into account macroeconomic variables and indicators, fundamentals, company-specific valuations and factors, "thematic" considerations and trends, market factors and indicators.

The investment process follows a method that is as simple as it is rigorous, which, for each investment, takes into consideration: the value of the individual asset in which it is invested; the reasons for including or not including it in the portfolio; the impact of each new investment on the portfolio as a whole, in terms of asset allocation and expected risk.

The selection of the financial instruments is made without reference to any benchmark, without any limitation in terms of weighting of securities, economic sectors or geographical areas.

Key Facts

As of 2024-07-08

Fund info
Launch Date Fund	2017-12-18
Fund Net Assets	10,550,535.83
Fund Base Currency	EUR
SFDR Classification	Article 8
Class Info
NAV per Unit	102.951
Launch Date Class	2017-12-18
Fund Class Net Assets	650238.02
Fund Class Currency	EUR
Fees
Management Fees	1.80%
Ongoing Charges	2.82%
Maximum Initial charge	-
Maximum Exit Fee	2%
Performance Fee	10.00%

General Info
Fund Type	Irish domiciled UCITS Unit Trust (a Sub-Fund of PLURIMA Funds UCITS umbrella unit trust)
Portfolio Manager	European and Global Advisers LLP
Management Company	European & Global Investments Ltd
Trustee	CACEIS Investor Services Bank S.A., Dublin Branch
Administrator, registrar, transfer agent	CACEIS Investor Services Ireland Limited
Auditor	Deloitte & Touche
Dealing & Subscriptions
Minimum Investment Amount	EUR 1,000
Use of Income	Accumulation
Distribution Countries	IE, IT, CH
Settlement for Subs/Reds	T+3
Cut-off time for Subs/Reds	12 pm (Irish time)
Bloomberg Ticker	PLUMOAR ID
	For any subscription or redemption, please see the Application Form.

NAV

Risks

Financial Derivative Instruments Risk: several risks including price volatility, counterparty exposure and possible regulatory change.

Liquidity Risk: the risk that in certain circumstances it may not be possible to buy or sell securities quickly or easily enough to prevent or reduce a loss.

Operational Risk: several risks arising from those providing services to the Fund including technology failures, errors, fraud or other criminal actions.

Settlement Risk: the risk that an expected payment for, or delivery of, securities owned by the Fund will be delayed or not occur at all.

Derivative risk - the Fund may use derivatives for investment purposes. Derivatives are highly sensitive to changes in the value of the asset on which they are based, which may result in greater fluctuations in the value of the Fund. The impact to the Fund can be greater where derivatives are used in an extensive or complex way.

For a more detailed description of the risks incurred in holding this Fund please refer to the Prospectus.

Plurima Mosaico Fund

Fund Summary

Documents

Key Benefits & Risks

Key Benefits

Key Risks

Why Plurima Mosaico Fund?

Key Facts

As of 2024-07-08

Fund info

Class Info

Fees

General Info

Dealing & Subscriptions

NAV

Risks