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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


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


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



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%

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


  • Annual management0.80%

Related News

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

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

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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.

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