The key words for our investment philosophy are:
These are the points of reference by which we steer our course.
We hold firm our determination to offer our investors new investment opportunities.
The pole star that assures correct orientation.
Sidera addresses advanced investors that are seeking yield performance by offering innovative solutions through:
In a context of strict risk and asset allocation control.
The investment process philosophy follows a core-satellite logic, that is to say a combination of directional strategies (beta) and non-directional (alpha) strategies, both as regards Relative Value and as regards Yield enhancement.
Product innovation involves asset classes requiring a high level of specialisation and notable capacity for analysis.
Sidera Funds fulfils these aims through the use of advanced quantitative tools and consolidated partnerships with managers of high standing and a solid track record.
Risk and its measurement are key factors for the management of the stock portfolio, which should above all be seen as the sum of well-calibrated and selected strategies based on their contribution to overall volatility.
The close connection between markets and financial instruments requires that the investor – and thus the manager – prefers the construction of an advanced portfolio. A portfolio regulated by a series of metrics that also function as a formal risk control and Sub-Fund orientation.
The financial lever is mainly used for alpha extraction, attenuating or minimising portfolio risk. Such index is measured through Value at Risk and is calculated in absolute terms or in relative terms, depending on whether the Sub-Funds have a benchmark reference or an absolute performance objective.
The acronym ESG, Environmental, Social and Governance, specifies the sustainable indicators used to assess the environmental, social and governance impacts of financial investments:
ENVIRONMENTAL:
SOCIAL:
GOVERNANCE:
In order to respond to the growing demands of clients on sustainable issues, investment processes were be integrated with ESG criteria through the definition of an internal rating that combines scores attributed to environmental, social and governance factors on a scale from AAA to CCC.
This methodology is accompanied by close monitoring of investments and the application of possible restrictions on the purchase of shares of issuers active in sectors considered controversial because they are not in line with environmental, social and governance sustainability issues.
The Funds do not actively promote sustainability factors or maximize portfolio alignment with sustainability factors; however, they remain exposed to Sustainability Risks. Such Sustainability Risks are integrated into the Funds' investment decision-making and risk monitoring to the extent that these risks represent potential or actual material risks and/or opportunities to maximize risk-adjusted long-term returns.
The Management Company in collaboration with the Investment Manager does not consider the negative impacts of the Funds' investment decisions on the Sustainability Factors due to the current focus of the investment objective. In addition, there is insufficient data available to adequately assess the potential negative or adverse impact of the Funds' investment decisions on Sustainability Factors.
For further details on the integration of sustainability factors in the remuneration policies, please refer to the detailed document published at the following link
This disclosure is made in accordance with Regulation (EU) 2019/2088 of the European Parliament and of the Council of 27 November 2019 on sustainability reporting in the financial services industry
Active management,innovative stock selections, skills of great international managers, themed investments and non-traditional Asset classes: that’s what we particularly stand out for.
All Retail Share Classes offer a dividend distribution class