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Global Opportunities Fund Institutional

  • INVESTMENT OBJECTIVES

    Diversifying into alternative asset classes is becoming increasingly important. With interest rates at all-time lows and investors seeking returns, equities are looking more attractive. The CC Global Opportunities Fund aims to achieve a higher level of return for investors by investing, mainly, in a diversified portfolio of blue-chip equities (such as stocks and shares). The CC Global Opportunities Fund invests in Blue Chip companies trading on major world markets. Blue Chip companies are known to weather downturns and operate profitably in the face of adverse economic conditions, which helps to contribute to their long record of stable and reliable growth.

    STRUCTURE

    The Fund operates under the UCTIS structure which has become the gold standard for EU investment funds for retail investors. UCITS funds are ideal for retail investors as they have been specifically designed to ensure diversification and liquidity through distinct parameters, permitted asset classes and investment restrictions as set out in EU law.

    MANAGEMENT

    The Funds are managed by a group of investment professionals at Calamatta Cuschieri Investment Management Limited who monitor developments on a daily basis.

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Overview

→ Investor Profile
→ Currencies
→ Top up
→ Monitoring and Pricing
→ Entry and Exit Fees
→ Minimum Investment
→ Fund Rules at a glance
→ Target dividend
→ Other Information

Commentary

April 2020 Commentary

After the severe shock in March, markets rebounded strongly in April. COVID-19 continued to spread globally, but some countries saw daily new infection rates start to fall and are now planning to gradually reopen their economies. Governments and central banks introduced very significant stimulus measures to reduce the damage caused by the economic shutdown, restoring some positive sentiment to markets.

Volatility declined from extreme levels. Developed stock markets outperformed emerging markets and growth stocks outperformed value. The S&P 500 index returned 12.8% and has recovered close to 60% of its prior decline.

Massive global fiscal and monetary responses fuelled a strong market rebound in April despite macroeconomic data that showed the huge economic cost of the COVID-19 shutdowns.

Analysts revised down 2020 earnings estimates, which are now expected to decline by over 15% in the US and Europe. Dividends may also suffer cuts as companies prioritise balance sheet protection over profit distribution.

Despite April’s market rebound, considerable uncertainty remains over the trajectory of global growth over the coming quarters. A lot will depend on the extent to which economies can successfully reopen. For this reason, the investment managers remain prudent and expect further volatility. However, they acknowledge that the unprecedented policy response – particularly the willingness of central banks to intervene in credit markets – has shifted the balance of risks.

Factsheet

  • NAV/Price: Click Here for latest price

    Sub-Fund Name Euro Equity Fund Institutional
    Investment Manager Calamatta Cuschieri Investment Management Ltd
    Fund Advisor n/a
    Custodian Sparkasse Bank Malta p.l.c.
    Fund Administrator CC Fund Services (Malta) Limited.
    Auditors Deloitte Malta
    Legal Advisors Ganado & Associates
    Launch Date 5th February 2020
    Domicile Malta
    Currency Euro (€)
    Dealing Frequency Daily
    Fund Size €6.8 M
    Number of Holdings 22
    Initial Charge up to 2.5%
    Management Fee 0.75%
    Dividend Payment Dates N/A
    ISIN numbers EUR - MT7000026506
    Minimum Initial Investment € 2,500
    Minimum Additional Investment € 500

    Country Exposure*

    Country %
    Germany 30.4
    United States 16.3
    France 14.5
    Malta 13.8
    China 4.7
    Netherlands 3.8

    *including exposures to ETFs

    Top Equities

    Equity %
    AMAZON 5.3
    L’ OREAL 5.2
    Alibaba Group 4.7
    MICROSOFT CORP 4.5
    ASML 3.8
    SANOFI 3.7
    MASTERCARD 3.5
    Home Depot Inc. 3.1
    SAP SE 3.0

     

    Top ETFs

    ETF %
    iShares Eurostoxx 50 De 8.2
    Lyxor ETF Eurostoxx 600 Tech 6.5
    Lyxor ETF Eurostoxx 600 Healthcare 5.7
    Lyxor DAX 2.6

     

  • Historical Performance to Date (EUR)

    Performance History

    Calendar Year Performance YTD 2019 2018 2017 Since
    Inception*
    Total Return -15.04 - - - -15.04
    Calendar Year Performance 1-   month 3-    month 6-   month 9-   month 12-    month
    Total Return 5.54 - - - -

    * The Euro Equity Fund Institutional Share Class was launched on 5 February 2020.

    Currency Allocation

    Currency %
    EUR 86.5
    USD 13.5
    GBP 0.0

    Asset Allocation

    Asset %
    Cash 9.1
    Equities 90.9

    Sector Breakdown

    Sector %
    ETFs 39.4
    Technology 14.3
    Consumer, Non-Cyclical 11.5
    Communications 10.0
    Financial   9.7
    Consumer, Cyclical   4.5
    Industrial   1.8

     

Legal Information

Calamatta Cuschieri Investment Services (CCIS) is a founding member of the Malta stock exchange and is licensed to conduct Investment Services in Malta by the Malta Financial Services Authority. The CC Euro Equity Fund Institutional is a sub fund of  CCFundsSicav plc and is authorised by the MFSA. Performance figures quoted refer to the past and are not a guarantee for future performance. The value of the investment may rise as well as fall. Investors may incur a subscription charge and may be subject to tax on distributions. Investment should be based on the CCFunds™ Sicav plc prospectus and KIID document, which may be obtained from CCIS offices. Issued by CCIS.
 
This document is prepared for information purposes only and should not be interpreted as investment advice. This document does not constitute an offer or invitation by CCIS to any person to buy or sell any investment. CCIS has based this document on information obtained from sources it believes to be reliable but which have not been independently verified. This document may not be reproduced either in whole, or in part, without the written permission of CCIS.
 
THIS IS NOT A CAPITAL GUARANTEED PRODUCT ACCORDINGLY THE VALUE OF YOUR INVESTMENT CAN GO DOWN AS WELL AS UP. INVESTORS SHOULD NOTE THAT THE PAYMENT OF DIVIDENDS HAS THE EFFECT OF REDUCING THE NAV PER SHARE.