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Ellipsis Polarius Credit Fund I EUR

Ranked 51 out of 85 in - Bond Strategies over 12 months
All calculations are in EUR unless stated

Managed by

Philippe Daveau

Having earned a postgraduate degree in banking, money and finance from La Sorbonne University, Philippe Daveau started his career in 1989 in the tradable options market. In 1990, he joined the market-making options department of Finacor Action et Dérivés, which became the Exane Group in 1992. In 1995, he became responsible for European warrant portfolios, and in 1999 for listed derivatives. In 2004, he was appointed head of convertibles, event-driven and equity finance activities for Exane Group’s own account. He joined Ellipsis AM in February 2015 to strengthen the overlay expertise at the volatility division.

Benoit Soler

Frenchman Benoît Soler began his career at AXA Investment Management in 2002 within the hedge fund division in credit and equity, emerging market and high yield volatility arbitrage funds. He joined the fixed income division in 2004 as a high yield manager with Stuart Stanley. In 2009, he became head of high yield management at Edmond de Rothschild Investment Managers, leading a team of two analysts dedicated to this asset class and contributing to its rapid development. He joined Ellipsis Asset Management at the start of 2013 as head of corporate credit management running the Ellipsis Euro High Yield and Ellipsis Short Term Credit funds. Soler earned two master's degrees in finance and wealth management. Outside fund management, he is professor of finance and enjoys music, travel and swimming.

Objective

The fund aims to achieve, within a period of 3 years, to outperform the benchmark by means of directional and arbitrage strategies primarily in the European bond markets, while seeking to frame the risk profile. The investment strategy is based on discretionary management, mostly on the European bond markets, which either operates the following top 5 management strategies. The breakdown between these strategies is based on the analysis and expectations of the management team.

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Performance

Bond Strategies over : 31/12/2016 - 31/12/2017
  • Rank 51/85 Total Return
  • Rank 40/85 Standard Deviation
  • Rank 45/85 Max Drawdown
Fund Name Currency Return
49 Deutsche Invest I Short Duration Credit LC EUR

1.0%

50 Invesco Unconstrained Bond Fund A Acc EUR Hdg

Currency exposure is hedged

Currency exposure is hedged

EUR

0.9%

51 OYSTER Flexible Credit R EUR PR EUR

0.9%

51 Ellipsis Polarius Credit Fund I EUR EUR

0.9%

53 LBBW Pro-Fund Credit I EUR

0.7%

Fund Name Currency Risk
39 Danske Invest Neutral Kasvu EUR

1.3

40 LBBW Pro-Fund Credit I EUR

1.3

40 JPM Income Opportunity A (perf) Acc EUR Hgd

Currency exposure is hedged

Currency exposure is hedged

EUR

1.3

40 SLI Glo SICAV Abs Rtn Glo Bd Strategies AH EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

1.3

40 Ellipsis Polarius Credit Fund I EUR EUR

1.3

Fund Name Currency Loss
43 La Francaise Multistrategies Obligataires I

Currency exposure is hedged

Currency exposure is hedged

EUR

-0.7%

44 Invesco Unconstrained Bond Fund A Acc EUR Hdg

Currency exposure is hedged

Currency exposure is hedged

EUR

-0.7%

45 Ellipsis Polarius Credit Fund I EUR EUR

-0.7%

45 Amundi 24 M E (C)

Currency exposure is hedged

Currency exposure is hedged

EUR

-0.7%

47 Pharus SICAV - Absolute Return A EUR

-0.7%

47 GAM Star Emerging Market Rates EUR Acc EUR

-0.7%

Total Return

Quarterly Performance

to 31/12/2017 Annual Q1 Q2 Q3 Q4
2017 0.9% 0.0% 0.6% 0.3% 0.0%
2016 1.0% 0.5% 0.5% 0.2% -0.2%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. France

Fund Info

  • Launch date14/10/2015
  • Share Class size37Mn
  • Base currencyEUR
  • ISIN FR0012696763

Purchase Info

  • Min. initial investment1Mn
  • Min. regular additional investment0

Charges

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).