Ambienta X Alpha Fund
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 decade-long 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 team
The fund is Managed by Ambienta X’s CIO, Fabio Pecce, supported by the analysts Andrew Benson and Francesco Cavallo, and the Head of Analytics Joel Bird. The team leverages Ambienta’s Sustainability & Strategy team decade-long experience with the theme.
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.
As at December 03, 2021 – Fund Inception date: May 5, 2020
Class F (EUR) Accumulation
€ 115,80
Class F (EUR) Distribution
€ 110,37
Class F2 (EUR) Accumulation
€ 1.157,99
Class H (EUR) Accumulation
€ 110,70
Class H2 (EUR) Accumulation
€ 1.150,12
Class H (GBP) Hedged Accumulation
£ 110,84
Class H (USD) Hedged Accumulation
$ 111,18
Class M (EUR) Accumulation
€ 115,50
Class M (EUR) Distribution
€ 111,92
Class M (GBP) Accumulation
£ 110,35
Class M (GBP) Hedged Accumulation
£ 109,32
Class U (EUR) Accumulation
€ 1.084,97
In seeking to identify environmentally sustainable investments, we employ a proprietary model which combines the analysis of sustainability trends with company specific fundamental analysis.