The SIXTY DEGREES PPR/OICVM FLEXÍVEL fund invests in liquid listed global financial instruments, mostly shares and bonds, with an investment strategy based on three pillars:
Experienced management team
Building a balanced and diversified portfolio
Investment risk management
Sixty Degrees PPR/OICVM FlexívelNAV per Share Performance (EUR)
Exposure by Asset Class
Exposure by Country
Performance and Returns
|1st Quarter||2nd Quarter||3rd Quarter||4th Quarter||Year|
|2020||-0,68% 4,9855€||-0,39% 4,9661€||0,90% 5,0107€||-||-0,18%|
|Total performance since inception 01/10/2019||0,21%|
he shaded area of the scale below shows the fund's classification in terms of its risk, based on the Synthetic Risk Indicator (ISR). The risk class varies between 1 (volatility range 0% to 0.5%) and 7 (volatility range greater than 25%).
|Low Risk||High Risk|
|Potentially lower return||Potentially higher return|
2.64% Value-at-Risk (VaR)For a 99% confidence level, VaR (%) represents the maximum loss of the Fund's current portfolio within 30 days.
5.37% Annualized volatilityThe annualized volatility rate (%) is a risk indicator that measures the standard deviation of the Fund's daily returns since its launch date.
This information concerns the investment fund managed by Sixty Degrees SGOIC, SA and does not dispense the reading of the respective constitutive documents: Fund prospectus and fundamental information for investors (IFI) are available at www.sixty-degrees.com without any burdens or charges.
The values refer to past recorded returns that do not consider income tax on redemptions (net of management fees and depositary), so they do not constitute any guarantee of future returns since the value of the investment may increase or decrease depending on the funds level of risk at that time. Sixty Degrees warns that, as a rule, greater profitability is associated with a higher level of risk. Profitability would only be obtained if the investment was made during the entire reference period. The value of 1 fund share may increase or decrease depending on the valuation of the assets that make up the fund holdings, which may imply loss of invested capital.
- Inception date
- Bloomberg ticker
- 60DPPRF PL
- Fund type
- Balanced fund
- Investment region
- Income policy
- Recommended holding period
- 3 years
- Depositary bank
- Caixa Geral de Depósitos, S.A.
Fees and settlement cycles
- Subscription fee
- Redemption fee
- Transfer fee
- Management fee
- 1% p.a.
- Performance fee
- 20% of the difference between the fund’s annual performance, if positive, and the greater between zero and 12-month Euribor rate (published on last working day of the previous year) plus 2% p.a.
- Depositary fee
- 0.15% p.a. or 0.13% p.a. AUM's over EUR 20 million
- Supervision rate
- 0.07% p.a.
- Research costs
- Maximum 0.10% p.a.
- Stamp duty
- 4% of management, performance and depositary fees and research costs
- Settlement date for subscription
- 2 business day
- Settlement date for redemption
- 5 business days
Investment and valuation
- Pricing type
- Unknown (D+1)
- Cut-off time
- Minimum investment amount
- € 100,000
- Minimum increase amount
- € 1,000
- Minimum maintenance amount
- Minimum between the product of the value of the last share unit published and the number of shares equivalent to €100,000, calculated at the date of the first subscription, and €100,000. The number of shares equivalent to €100,000 is adjusted whenever redemptions occur
- Valuation date
- NAV per share
- Assets under management
- # positions
The SIXTY DEGREES PPR/OICVM FLEXÍVEL is a Undertakings for Collective Investment in Transferable Securities (UCITS), whose assets are exclusively client’s property, segregated from the assets of both Sixty Degrees and the depositary bank.
Depositary Bank and the CMVM
Protecting the client’s assets is a priority for Sixty Degrees. We have selected a robust depositary totally independent from Sixty Degrees. The bank is responsible for keeping/recording, supervising and guaranteeing the fund’s assets in accordance with the law and the fund’s prospectus.
The SIXTY DEGREES PPR/OICVM FLEXÍVEL fund is authorised and supervised by the CMVM (Portuguese Securities Market Commission).
Alignment of interests
With a very competitive fixed management fee, the client’s and Sixty Degrees’ interests are ensured by the existence of a performance fee mechanism that rewards the management of the Fund only in the face of its positive performance, associating Sixty Degrees’ remuneration with the success of its clients.
These are Sixty Degrees only sources of income. No subscription, redemption or transfer fees apply.
Minimum subscription amount
Minimum subscription of EUR 100,000.
The main risks that SIXTY DEGREES PPR/OICVM FLEXÍVEL fund will face are market, interest rates and exchange rate volatility risk. The scope of these risks can be consulted in the fund’s prospectus.