29 Haussmann Flexible Structurés

The 29 Haussmann Flexible Structured fund was launched in 2020. The investment strategy aims to generate a regular return over a long-term horizon by investing in structured products automatically redeemable by the issuer, in European and American equities and equity indices.

Key points

  • 29 Haussmann Flexible Structurés is mainly characterized by management decorrelated from traditional asset classes, made up of structured equity products, dynamically hedged and supplemented by alternative management products.

  • A selection of underlyings based on a system of quantitative filters combined with our fundamental views. 

  • Broad diversification and risk monitoring within our investment process for an optimized risk/return profile

5 years
Minimum recommended investment period
5 /7
Risk/return profile

Portfolio management process

Steps

Choice of the allocation

Steps 1

Fundamental analysis linked to long-term market trends and investment themes

Steps 2

Definition of a macro-economic scenario: growth projections and valuation estimates

Step 3

Interest rate environment

Step 4

Volatility regime level of realised volatility versus expected market volatility

Steps

Selection of stocks

Step 1

Target universe: Equity markets Europe and USA

Step 2

Quantitative filter: Exclusion of controversies, High dividend, Reasonable volatility and leverage, Profitability

Step 3

Investment Universe

Step 4

Stock Selection: Quantitative Analysis

Step 5

Portfolio

Steps

Construction of the portfolio

Step 1

Correlation between the underlying assets : Maximum correlation limit of 75% between the underlying assets

Step 2

Position size : Maximum weight limit ► 2.5% per position for structured products on underlying equities 
                                                                                  10% per counterparty

Step 3

Diversification: The sector allocation is close to the European and American indices (EuroStoxx 50 and S&P500).

Step 4

Follow-up: Stress test / VAR analysis / Sensitivity

Investment decisions incorporate both financial and non-financial criteria. The inclusion of environmental, social and corporate governance (ESG) criteria in the selection of securities aims to assess the ability of companies to transform sustainable development issues into performance drivers.  The Fund promotes environmental and/or social characteristics within the meaning of Article 8 of the SFDR Regulation.

Characteristics

Funds 29 HAUSSMANN FLEXIBLE STRUCTURES
Risk level 5
ISIN code FR0013473568 FR0013473576
Parts C I
Eligible subscribers All subscribers Institutional Investors
Currency EUR
NAV frequency Weekly
Initial NAV 1000 EUR
NAV date 2022/05/06 2022/05/06
NAV 970,77 977,79

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