JSS Harness Absolute Return P EUR Acc H

Performance History31/05/2019
Growth of 1,000 (EUR)
JSS Harness Absolute Return P EUR Acc H
Fund-----0.4
+/-Cat-----
+/-Idx-----
 
Key Stats
NAV
19/06/2019
 EUR 923.26
Day Change 0.39%
Morningstar Category™ Alt - Global Macro
ISIN LU1638814381
Fund Size (Mil)
31/05/2019
 USD 57.20
Share Class Size (Mil)
31/05/2019
 EUR 3.77
Max Initial Charge 3.00%
Ongoing Charge
12/02/2019
  1.85%
Investment Objective: JSS Harness Absolute Return P EUR Acc H
The investment objective of the Subfund is to achieve maximum absolute return consistent with preservation of capital and prudent investment management. The Subfund pursues a fundamentals-based, discretionary investment strategy that combines quantitative analysis with macroeconomic research. Investments are undertaken in order to exploit different developments of equity markets, currencies, interest rates, credits and commodities. The Subfund invests in deposits, time deposits, money-market instruments, short-term bonds and other fixed-income and floating-rate securities (including zero bonds and non-investment grade debt) and in different currencies, equity and equity-related instruments as well as commodity instruments. Up to 30% of the net fund assets may be invested in non-investment-grade securities. That is to say, they carry a credit rating that is lower than BBB- (Standard & Poor’s) or Baa3 (Moody’s) or an equivalent quality rating.
Returns
Trailing Returns (EUR)19/06/2019
YTD1.47
3 Years Annualised-
5 Years Annualised-
10 Years Annualised-
12 Month Yield -
Management
Manager Name
Start Date
Philippe Peress
16/08/2017
Inception Date
13/06/2018
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Benchmarks
Fund BenchmarkMorningstar Benchmark
--
Target Market
Role In Portfolio
Standalone / CoreNot Specific
ComponentNot Specific
OtherNot Specific
Primary Objective
PreservationNot Specific
GrowthNot Specific
IncomeYes
HedgingNot Specific
OtherNot Specific
Portfolio Profile for  JSS Harness Absolute Return P EUR Acc H31/03/2019
Morningstar Style Box®
Equity Style
Morningstar Style Box®
Fixed Income Style
Asset Allocation
  % Long% Short% Net Assets
Stocks29.750.2129.54
Bonds18.370.0018.37
Cash40.110.0040.11
Other11.980.0011.98
Fixed Income
Effective Maturity-
Effective Duration-
Top 5 Regions%
Canada25.27
Europe - ex Euro21.64
United States20.78
Latin America11.72
United Kingdom7.42
Top 5 Sectors%
Financial Services76.82
Consumer Defensive13.08
Basic Materials2.40
Energy1.69
Consumer Cyclical1.51
Top 5 HoldingsSector%
United States Treasury Bills 0%16.37
United States Treasury Bills 0%11.46
UBS Group AGFinancial ServicesFinancial Services6.44
United States Treasury Bills 0%5.52
Royal Bank of CanadaFinancial ServicesFinancial Services5.18
JSS Harness Absolute Return P EUR Acc H
In order to provide consistency across the report data provided by different Asset Managers, the calculated data points presented are generated using Morningstar’s proprietary calculation methodology which is set out in more detail at(https://www.morningstar.com/research/signature)