UCITS Hedge Awards 2019

29 March 2019

For the second year in a row, Kairos International SICAV KEY has received an international award at the UCITS HEDGE AWARDS 2019 for Best Performing Fund over 2, 3 and 4 Year Periods in the Long/Short Equity – Regulated Utilities category.

Since launch, the KEY fund (class P) has seen a performance of 25.44%, compared to 4.25% of the benchmark index. The major award was granted thanks to the following performances:

  • 19% at 2 years compared to -2.68% of the benchmark index
  • 74% at 3 years compared to 1.97% of the benchmark index
  • 13% at 4 years compared to 0.97% of the benchmark index

The KIS KEY fund has historically focused on regulated and unregulated businesses. On the one hand, it is capable of seizing opportunities to generate alpha in these sectors, but can, at the same time, respond to the demand from customers seeking a product that can diversify their portfolios between bonds and equity.

Vittorio Villa, KEY fund manager, also confirmed the validity of the investment strategy for upcoming months since “the utilities/infrastructure sector is known for having profits rather unconnected to the economic cycle. The expectation in Europe for low interest rates for a long period of time and the consequent positive impact on costs relating to the financial borrowing of the companies we invest in, will lead to a higher evaluation of these companies, with higher yields compared to those generally found on the bonds segment.”

Energy change, growth in the use of renewable energies, the development of 5G on mobile for telecommunications, and the increase of globalisation with flows of tourism and commercial exchange that will impact international air traffic data, are the trends that the KIS KEY management team will work with in 2019.

The UCITS Hedge Awards are sponsored by the Hedgefund Journal and are given to companies that stand apart for the excellent services they offer the hedge fund industry.

For more details, For more details, visit www.thehedgefundjournal.com

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N.B. Past performance is not an indication of future returns. The value of an investment decrease, including rapidly, in the same way as it can increase, and investors do not necessarily recoup the amount originally invested.