Investment Objective
SpesX is a global Energy Transition fund that seeks to generate absolute, low double-digit returns.
The portfolio is actively managed, invested via long and short position, based on the assessment of relative value opportunities between climate advantaged and disadvantaged companies.
SpesX invests globally in the securities active in Energy Transition, mainly in equity, but with a flexible allocation in credit. Energy Transition companies are those exposed to the transition to a cleaner energy world including, but not limited to, energy production, storage, efficiency, management, and optimisation and includes technologies and systems that can improve energy efficiency, reduce carbon emissions or facilitate the transition to cleaner energy.
Reference Index
N/A
Performance
| JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC | YTD | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 0.5 | 0.3 | 0.0 | 0.3 | 0.0 | 0.1 | 0.5 | 0.3 | 1.0 | 0.0 | 0.9 | 0.1 | 0.1 | |
| 2022 | 0.9 | 0.1 | 0.4 | 0.1 | 0.3 | 0.5 | 0.4 | 1.0 | 0.5 | 0.7 | 1.0 | 0.4 | 0.5 |
