Register free for our breaking news email alerts with analysis and cutting edge commentary from our award winning team. Registration only takes a minute.

Bellevue F (Lux) BB Global Macro B EUR

Ranked 21 out of 48 in - Global Macro over 12 months
All calculations are in EUR unless stated

Managed by

Lucio Soso

Objective

The investment objective of fund is to achieve a positive absolute return through the use of global macro strategies and portfolio of carefully selected assets, diversified across various asset classes. Fund invests in fixed and floating rate securities, debt securities and rights to debt securities of all levels of creditworthiness, maturities and currencies, in treasury bonds, provided they are securities issued in the international markets, in international equities, convertible bonds and bonds with warrants, in any other securities admitted to official listing on a stock exchange, and in money market instruments.

Showing fund performance in Luxembourg View performance globally

Performance

Global Macro over : 31/08/2017 - 31/08/2018

Total Return

Quarterly Performance

to 30/06/2018 Annual Q1 Q2 Q3 Q4
2018 -1.4% -0.7%
2017 2.9% 1.2% 0.8% 1.0% -0.1%
2016 3.7% 1.9% 0.9% 2.0% -1.1%
2015 6.1% 8.1% -2.1% 0.7% -0.4%
2014 7.1% 3.4% 1.9% 0.4% 1.3%
2013 6.2% -0.7% -0.7% 6.4% 1.3%
2012 2.6% 0.6% -1.9% 0.9% 3.0%
2011 -3.2% -0.3% 0.8% -6.0% 2.5%
2010 0.7% 0.6% 2.3%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

31/07/2018

Top 10 Holdings

Stock Size
Germany 0.000% 14-Dec-2018 18.62%
Germany 0.000% 15-Mar-2019 14.42%
Germany 0.000% 14-Jun-2019 12.52%
Germany 0.000% 14-Sep-2018 11.50%
Germany 0.000% 13-Sep-2019 7.52%
BB Biotech AG ORD 2.84%
US Treasury 0.000% 16-Aug-2018 0.82%
Stillwater Mining Co 7.125% 27-Jun-2025 0.76%
BRF SA 2.750% 03-Jun-2022 0.68%
Grupo Bimbo SAB de CV PERP 0.66%
31/07/2018

Registered For Sale In

  1. Austria
  2. Germany
  3. Luxembourg
  4. Spain
  5. Switzerland

Fund Info

  • Launch date31/03/2010
  • Share Class size513Mn
  • Base currencyEUR
  • ISIN LU0494761835

Purchase Info

  • Min. initial investment0
  • Min. regular additional investment0

Charges

  • Annual management0.80%

Related News

Lack of alternatives could cause bubble, warns global macro PM

Bellevue’s Lucio Soso says equities are set to be the main choice for investors in the coming months.

Global macro stars reveal best-performing ideas

Sector specialists reveal what has worked best for them over the last 12 months.

How not to lose money in global macro

Bellvue’s Lucio Soso is focusing on capital preservation rather than aggressive returns.

Still huge room for negative shocks, warns AA-rated Soso

Bellevue’s AA-rated global macro managers says there is still potential for negative surprises and highlights US bonds as big winners.

Global macro star reveals crisis survival strategy

VIDEO: AAA-rated Lucio Soso describes how he is betting on Brazil and tapping fixed income in his ‘go anywhere’ approach.

AA-rated global macro manager slashes bond exposure

Lucio Soso stresses role for sovereign debt in diversified approach but reduces exposure amid low growth outlook.

The lone Global Macro manager returning more than 100%

Citywire Global uncovers the single Alt Ucits specialist posting huge outperformance while running a globe-spanning mandate.

Swiss boutique adds UBS bond specialist to multi asset star’s fund

Bellevue Asset Management hires EM expert to assist Citywire A-rated manager on Alt Ucits strategy.

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).