Investment Objective
The Algebris Financial Equity Fund invests primarily in financial stocks with a global remit. It has the ability to be both long and short, use options where appropriate and employ prudent leverage. The objective of the Fund is to generate superior risk adjusted returns over an investment cycle by identifying mispricing opportunities through systematic analysis of a company’s intrinsic value; the inherent complexity of financial stocks provides fertile ground for our team of specialist financial analysts. The macro environment and single stock analyses are synthesized in the overall portfolio construction.
Performance
| JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC | YTD | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2019 | 0.7 | 0.7 | 0.2 | 0.5 | 0.6 | 0.6 | 0.2 | 0.7 | 0.1 | 0.6 | 0.2 | 0.6 | 0.5 | |
| 2018 | 0.3 | 0.0 | 0.9 | 0.8 | 0.5 | 1.0 | 1.0 | 0.7 | 0.8 | 0.3 | 0.6 | 0.9 | 0.7 |
