Ambienta X Alpha Fund

Fund description

Ambienta X Alpha Fund employs a long/short equity strategy to generate attractive risk-adjusted absolute returns by investing primarily in environmentally sustainable investments.

X Alpha combines Ambienta’s deep experience in environmental sustainability investing, in both private equity markets and as advisor of major European asset managers, with a team of top-tier professionals with a consolidated experience in managing alpha-generating absolute return strategies.

The fund is an Irish domiciled UCITS and was launched in May 2020.

Investment universe

The fund focuses on European and US companies with market cap above $1 billion, which either leverage a sustainability-driven competitive advantage at attractive valuations (longs), or which are disrupted by sustainability trends (shorts).

Risk management strategy

The fund has put in place a sophisticated risk management approach. It seeks idiosynchratic (stock-specific) exposure while managing factor or style tilts, and has established a strong trading discipline and use of hedging overlays to reduce tail risks.

The fund is Managed by Ambienta X’s CIO, Fabio Pecce, supported by a full team of Investment Professionals. The team leverages Ambienta’s Sustainability & Strategy team deep experience with the theme.

As at January 23, 2024 – Fund Inception date: May 5, 2020

Class F (EUR) Accumulation

€ 102,22

Class F (EUR) Distribution

€ 85,29

Class F2 (EUR) Accumulation

€ 1.022,27

Class H (EUR) Accumulation

€ 96,70

Class H (EUR) Distribution

€ 92,65

Class H2 (EUR) Accumulation

€ 1.004,62

Class H (GBP) Hedged Accumulation

£ 97,63

Class H (USD) Hedged Accumulation

$ 100,09

Class M (EUR) Accumulation

€ 104,14

Class M (EUR) Distribution

€ 86,88

Class M0 (EUR) Accumulation

€ 95,79

Class R (EUR) Accumulation

€ 98,05

Class T (GBP) Hedged Accumulation

£ 947,41

Class U (EUR) Accumulation

€ 957,18

Class U2 (EUR) Accumulation

€ 1.044,78

Class U2 (CHF) Hedged Accumulation

CHF 937,12

Class U2 (USD) Hedged Accumulation

$ 994,88