(Boursier.com) — Claresco SME is a fund invested at more than 75% in shares of companies having their registered office in the European Union, listed on regulated or organized markets, and meeting the INSEE criteria defining an ETI.
Small caps.
As such, the fund is eligible for the PEA-PME as well as the PEA. The fund aims to outperform its Reference Indicator, a composite index made up of 90% of the CAC SMALL NR index, calculated net dividends reinvested on the closing price, representative of French small cap stocks, and 10% of the monetary index EONIA.
The strategy.
The investment strategy consists of selecting shares of companies whose situation and outlook the manager believes offer the potential for lasting appreciation.
Selection of values.
Over the past month, stock picking was supported by increases in Abivax, Aubay, Bilendi, Biocorp, Française de l’Energie, Invibes, Reworld, Séché, Soitec and Sword, and held back by declines in Aures, Esker, Trigano and Unified Post.
The last reinforcements.
The manager strengthened Assystem, Invibes Advertising, Reworld Media, SES Imagotag, Sword and Trigano. Conversely, it took profits on Bilendi and Française de l’Energie, reduced Cogelec and exited Nexity and Poxel.
The great positions.
As for the main positions, we find Bilendi, trigano, Aubay, Reworld Media and Sword…
The outperformance.
Since the launch on 02/26/2014, the fund has gained 102% while the benchmark index has posted a score of +71%…
Conclusion
A fund that delivers a much stronger performance than that of its benchmark…
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