KEY (Kairos Equity Yield) is the Luxembourg-based Kairos International Sicav’s equity fund investing mainly in European equity markets.
Its objective is to grow capital in the medium to long term by focusing on companies operating in regulated sectors (e.g., transport and infrastructure) and semi-regulated sectors (e.g., telecommunications and concessions) which generally present transparent, steady and sustainable dividend yield over time.
The management style is long/short, long-biased.
Stock-picking is the management team’s main performance driver, as it builds a portfolio centered around defensive businesses that are largely decorrelated from financial market trends.