| Sauren Global Hedgefonds | Factsheet Share Class A (end of month) |
- Fund Portrait
- Asset Allocation
- Performance
- Key Facts
- Opportunities & Risks
- Downloads
Investment Profile
Sauren Global Hedgefonds is an actively managed fund of hedge funds covering the hedge fund segment for investors with a longer-term investment horizon.
Sauren Global Hedgefonds seeks to achieve an attractive positive yield relatively independent of the market trend.
The concentrated portfolio invests irrespective of benchmarks predominantly in hedge funds with different investment styles, strategies and investment universes. You will find detailed information about the investment opportunities in the current valid prospectus.
The choice of funds follows Sauren’s established person-related investment philosophy "We invest in fund managers – not funds", with its focus on the skills of the fund managers. The environment for volume is also analysed in detail.
Analysis of the most promising fund managers draws on experience from over 8,000 meetings. Every year, meetings are held with around 300 fund managers to monitor the quality of the selected fund managers and generate a steady stream of new and attractive investment ideas.
Portfolio
Asset Allocation as at 20.05.2025
- Hedge Funds Strategies Long/Short Equity (long bias)8.6 %
- Hedge Funds Strategies Long/Short Equity (flexible)46.4 %
- Hedge Funds Strategies Event Driven15.2 %
- Hedge Funds Strategies Long/Short Credit24.4 %
- Cash5.5 %
Source: Sauren Finanzdienstleistungen GmbH & Co. KG
Totals may not add up to 100 % due to rounding.
The asset allocation may vary.
Top Holdings as at 20.05.2025
| Credit Alpha Long Short Fund | 15.6 % | |
|---|---|---|
| KL Special Opportunities Fund | 15.2 % | |
| Man GLG Alpha Novus | 12.7 % | |
| FS Toucan Absolute Credit Class S | 8.8 % | |
| Wellington Strategic European Equity Long/Short Fund | 8.6 % |
Source: Sauren Finanzdienstleistungen GmbH & Co. KG
The allocation may vary.
Performance
Performance of Sauren Global Hedgefonds A as at 18.06.2025
The unit price of Sauren Global Hedgefonds, calculated as at the twelfth bank working day of the month in Luxembourg (as at the tenth bank working day in Luxembourg until December 2009), is based on the most recently available unit prices of the target funds, which are usually established on the last day of the month. The unit price calculated for Sauren Global Hedgefonds therefore essentially reflects market performance in the previous month.
The Investor would like to buy shares for 1,000.-- € and due to a 5.00% front-end load the total payable amount rises to 1,050.-- €. The gross performance (BVI method) is based on the published redemption prices of the Fund of Funds, which includes all costs incurred at the fund level (e.g. management fee), the net performance also includes the front-end load. The front-end load is only payable at the day of investment and therefore reduces the performance in the first year. In the following years no front-end load is considered, as such the net performance is not displayed in the bar chart as it is equal to the gross performance. Additional costs may be incurred at the investor level (e.g. custody costs). If the front-end load were taken into account in the line chart the performance in the chart would be lower.
Due to its composition / the techniques used for its management, the fund is exposed to increased volatility; this means that unit prices may be subject to considerable upward and downward fluctuations, even within short periods of time.
* The share class was launched in 2004.
Past performance is not a reliable indicator of future performance.
Source: Sauren Fonds-Research AG
Key figures as at 20.05.2025
| Volatility | |
|---|---|
| 1 year, daily | 2.60% |
| 3 years, monthly | |
| 5 years, monthly |
| Sharpe Ratio | |
|---|---|
| 3 years, monthly | |
| 5 years, monthly |
| Value at Risk | 10 days | 20 days |
|---|---|---|
| 95.0 % Confidence level | -5.87% | -8.29% |
| 99.0 % Confidence level | -8.50% | -12.01% |
| 99.9 % Confidence level | -11.44% | -16.18% |
The volatility is calculated based on the historical fund prices over the stated time period. For 1 year the volatility is calculated using daily fund prices, for 3 and 5 years respectively it is based on the fund prices at month end. For the calculation of the Sharpe-Ratio the 1-Month-Euribor is defined as the risk free rate. The Value at Risk is calculated at the given confidence level and stated time period, based on the historical fund prices since inception.
Source: CleverSoft FondsDB & Sauren Fonds-Research AG
Key Facts
Synopsis (for further information see Factsheet & Sales prospectus)
| Administrator | IPConcept (Luxemburg) S.A., société anonyme | |
|---|---|---|
| Investment Advisor | Sauren Finanzdienstleistungen GmbH & Co. KG, Eckhard Sauren | |
| Custodian | DZ PRIVATBANK S.A., société anonyme | |
| Countries authorized for distribution | Germany, Luxembourg | |
| Lifespan | unlimited | |
| Asset Class | Fund of Hedge Funds | |
| Share Class1 | Share Class A | Share Class I |
| Currency | EUR | EUR |
| Dividend Policy2 | Accumulation | Distribution |
| Risk indicator / SRI | 4 | 4 |
| Partial Tax Exemption for Private German Investors | none (Minimum Equity Participation Rate3 of the fund: 0 %) | none (Minimum Equity Participation Rate3 of the fund: 0 %) |
| Launch Date | 27 July 2004 | 20 August 2014 |
| ISIN | LU0191372795 | LU0557954871 |
| WKN | A0CAV2 | A1C86N |
| Front-end Load | 5.00% | 0.00% |
| Redemption Fee | none | none |
| Investment Advisor Fee | 1.00% p.a. | 1.00% p.a. |
| Distribution Fee | 0.85% p.a. | none |
| Administration Fee | up to 0.125% p.a. | up to 0.13% p.a. |
| Custodian fee | up to 0.07% p.a. | up to 0.07% p.a. |
| Performance Fee | none | none |
| Minimum Investment | none | 1M Euro |
1: Information on further possible share classes can be found in the current sales prospectus.
2: For those share classes for which “Distribution” is indicated under “Dividend Policy”, the intention is to only distribute the potentially low taxable portion of the positive income pursuant to German tax law. The tax treatment is also dependent on the personal circumstances of the individual investor and may be subject to change in future.
3: The minimum equity participation rate is relevant for the German tax classification and does not offer a direct conclusion about the equity market exposure of the fund. The tax treatment is also dependent on the personal circumstances of the individual investor and may be subject to change in future.
Opportunities1
- Participation in the appreciation of selected hedge funds
- Positive attractive yield with little dependence to the market trend
- Excess return over market average due to successful fund manager selection
- Active fund of funds management and continuous monitoring of portfolio positions
Risks1
- Risk of a loss in unit value due to general market risks (such as price, currency or liquidity risks)
- Risks arising from the target funds selected for the fund of funds and from the investment universe, including equity, bond, currency or derivative markets
- Risk of heightened unit price volatility due to the composition of the fund of hedge funds or the potential use of derivatives
- Special risks of hedge funds (e.g. leverage or short selling)
- In general, every investment carries the risk of capital loss
- Risk that the investment targets of the fund of hedge funds or target funds are not reached
1: Comprehensive information regarding opportunities and risks can be found in the current sales prospectus (which is available in German only).
Downloads
Tax data: (available only in German) see download area "Tax Data"
This is a marketing communication. Please refer to the current sales prospectus and to the Key Information Document, which must be made available to every investor prior to purchase, before making any final investment decisions.
This information constitutes neither an offer nor a solicitation to buy shares of any investment funds. Comprehensive information regarding opportunities and risks can be found in the current sales prospectus. Any investment application will be made solely on the basis of the information contained in the Key Information Document, the sales prospectus for that fund including all the terms of contract, the management regulation and the investment conditions, the most recently published and audited annual report and the last unaudited semi-annual report, which can be obtained in German from Sauren Fonds-Service AG, P.O. Box 10 28 54, 50468 Cologne, Germany (or online at http://www.sauren.de/) and the custodian IPConcept (Luxemburg) S.A., société anonyme (https://www.ipconcept.com/ipc/de/fondsueberblick.html) free of charge. The management company can decide to de-notify the arrangements made for the marketing of the funds pursuant to Article 93a of Directive 2009/65/EC and Article 32a of Directive 2011/61/EU. Further information on investor rights is available in German on the management company's website (https://www.ipconcept.com/ipc/de/anlegerinformation.html). The tax treatment depends on the individual circumstances of each investor. In particular, the investor is advised, if necessary with the assistance of an advisor, to check the information with regard to its compatibility with his own personal circumstances, legal, regulatory, tax and other consequences. No assurance can be given that the investment objectives will be achieved. This advertising communication is directed exclusively at interested parties in countries in which the funds mentioned are authorized for public distribution. Source: Sauren Fonds-Research AG
Warning issued by the German Federal Minister of Finance:
This fund invests in hedge funds that are not subject to statutory leverage or risk restrictions.