FortemCapitalFortemCapital
FortemCapital
UK & EU – For professional and institutional investors only
Switzerland – this is an advertising document for professional and institutional clients as defined by the Swiss Financial Services Act only
The Fund aims to provide positive returns of 6-7% along with reduced equity beta over the medium to long term. A Core portfolio of defined return equity investments will be used to provide capital growth over the medium to longer term, in all but extreme negative market scenarios. The Fund will make a smaller allocation to Diversifying investments that also meet strict capital preservation and investment return criteria.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | YTD |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2018 | 0.34 | -0.88 | 0.45 | 2.66 | -0.20 | -0.15 | 1.38 | -0.78 | 0.29 | -1.54 | 0.34 | -4.24 | -2.47 |
| 2019 | 5.03 | 1.76 | 1.17 | 1.48 | -1.60 | 2.32 | 1.08 | -1.62 | 1.49 | 0.00 | 0.75 | 1.00 | 13.46 |
| 2020 | -0.79 | -4.84 | -8.16 | 4.38 | 3.19 | 0.41 | -0.35 | 2.53 | -1.03 | -2.84 | 7.46 | 1.18 | 0.19 |
| 2021 | -1.64 | 1.24 | 3.72 | 1.19 | 0.65 | 0.40 | -0.04 | 0.90 | -1.19 | 2.04 | 7.39 |
Proxy basket of indices consists of underlying indices to which the Fund has market sensitivity, as measured by delta. Their weight within the basket is rebalanced each month end to match that of the Fund’s delta, normalised to an overall basket weight of 100%.
| Investment Manager | Fortem Capital Limited |
| Net Asset Value | £293,291,523 |
| Fund Launch Date | 20th September 2017 |
| Fund Type | Irish UCITS V ICAV |
| Base Currency | GBP |
| Liquidity | Daily |
| Dealing Deadline | 10:30am Irish Time |
| Pricing | Daily COB |
| Share Type | Class A: Accumulation Class D: Distribution |
| Initial Share Price | £1.000 |
| Minimum Subscription | £5,000,000^ |
| Annual Management Charge | 50bps |
| OCF | 70bps |
| Reporting Status | Registered with HMRC |
| Dealing Line | +353 (0)1434 5124 |
| Dealing Email | davy_ta_queries@ntrs.com |
| Depository, Admin, Registrar & TA | Northern Trust |
| Auditor | Deloitte |
| Prospectus & KIID (EN, NL) | www.fortemcapital.com/fund/ |
| Share Class | Unit NAV | ISIN | Bloomberg |
|---|---|---|---|
| Class A GBP | 1.2041 | IE00BF047831 | FCPGFAA ID |
| Class D GBP | 1.0206 | IE00BD7Y3W82 | FCPGFDD ID |
| Class A USD | 1.1615 | IE00BJH53458 | FCPGFUA ID |
| Class A EUR | 1.1064 | IE00BJH53565 | FCPGFEA ID |
| Class D EUR | 1.1979 | IE00BKMG0L60 | FCPGFED ID |
^can be waived on request
| Immediate spot moves | -20% | -15% | -10% | -5% | 0% | +5% | +10% | +15% | +20% |
|---|---|---|---|---|---|---|---|---|---|
| Return (%) | 24.8% | 21.7% | 17.9% | 12.7% | 5.2% | 4.7% | 4.4% | 4.1% | 4.1% |
| Time to Maturity (Av. yrs) | 4.3 | 3.6 | 2.8 | 2.0 | 0.7 | 0.7 | 0.6 | 0.5 | 0.5 |
| GRY to Maturity (Av. %) | 5.8% | 6.1% | 6.3% | 6.5% | 7.3% | 7.8% | 7.7% | 7.6% | 7.6% |
Past performance is not necessarily a guide for the future. Forecasts are not reliable indicators of future performance. The value of investments, and the income from them, can go down as well as up and the investor may not get back the amount originally invested. The data is sourced from Fortem Capital Limited and external sources. The data is as at the date of this document and has been reviewed by Fortem Capital Limited.
| -15% | -10% | -5% | 0% | +5% | +10 | |
| Immediate | -8.9% | -5.4% | -2.3% | 0.0% | 1.7% | 2.9% |
| 3 months | -7.3% | -3.4% | -0.1% | 2.4% | 4.1% | 5.4% |
| 6 months | -5.6% | -2.0% | 1.4% | 4.3% | 6.1% | 7.3% |
| 12 months | -1.8% | 2.0% | 4.9% | 7.0% | 8.5% | 9.5% |
| 36 months | 10.1% | 12.5% | 14.1% | 15.2% | 16.0% | 16.7% |
* Scenarios are net of fees. Assumes no reinvestment of maturing investments.
** sensitivity of the Fund to underlying market moves.
***Scenarios are net of fees. Represent sensitivities to equity market moves only. Assumes Diversifiers deliver 3% p.a.. Assumes current asset allocation weights
^Cover to capital preservation represents for each investment, the level by which the underlying equity index may fall, before capital is eroded, assuming each investments runs to it’s maturity. Cover to capital growth represents for each investment, the level by which the underlying equity index may fall, before capital growth is zero, assuming each investments runs to it’s maturity.
| 7im | Aegon | Allfunds | Ascentric | Aviva | Elevate |
| Fidelity Intly | FNZ | Fusion | James Hay | Novia Fin'l | Novia Global |
| Nucleus | Old Mutual | Standard Life | Transact | Zurich |
Past performance is not necessarily a guide for the future. Forecasts are not reliable indicators of future performance. The value of investments, and the income from them, can go down as well as up and the investor may not get back the amount originally invested. The data is sourced from Fortem Capital Limited and external sources. The data is as at the date of this document and has been reviewed by Fortem Capital Limited.
– This document has been issued and approved as a financial promotion by Fortem Capital Limited for the purpose of section 21 of the Financial Services and Markets Acts 2000. Fortem Capital Limited registration number 10042702 is authorised and regulated by the Financial Conduct Authority under firm reference number 755370.
– This document is intended for Professional Investors, Institutional Clients and Advisors and should not be communicated to any other person.
– The information has been prepared solely for information purposes only and is not an offer or solicitation of an offer to buy or sell the product.
– Data is sourced from Fortem Capital Limited and external sources. The data is as at the date of this document and has been reviewed by Fortem Capital Limited.
– Information, including prices, analytical data and opinions contained within this document are believed to be correct, accurate and derived from reliable sources as at the date of the document. However, no representation or warranty, expressed or implied is made as to the correctness, accuracy or validity of such information.
– Fortem Capital Limited assumes no responsibility or
liability for any errors, omissions or inaccuracy with respect to the information contained within this document.
– All price and analytical data included in this document is intended for indicative purposes only and is as at the date of the document.
– The information within this document does not take into account the specific investment objective or financial situation of any person. Investors should refer to the final documentation and any prospectus to ascertain all of the risks and terms associated with these securities and seek independent advice, where necessary, before making any decision to buy or sell.
– The product may not be offered, sold, transferred or delivered directly or indirectly in the United States to, or for the account or benefit of, any U.S. Person.
– The Fortem Capital Progressive Growth Fund is a Sub-Fund of Skyline, an open-ended investment company with variable capital incorporated on 1 June 2010 with limited liability under the laws of Ireland with segregated liability between Funds. The Company is authorised in Ireland by the Central Bank of Ireland pursuant to the UCITS Regulations.
“NOTICE TO INVESTORS DOMICILED OR RESIDENT IN
SWITZERLAND – The interests in the UCITS Fund and any related services, information and opinions described or referenced in this document are not, and may not be, offered or marketed to or directed at persons in Switzerland (a) that do not meet the definition of “qualified investor" pursuant to the Swiss Federal Act on Collective Investment Schemes of 23 June 2006 (“CISA") (“Non-Qualified Investors"), or (b) that are high net worth individuals (including private investment structures established for such high-net worth individuals if they do not have professional treasury operations) that have opted out of customer protection under the Swiss Federal Financial Services Act of 15 June 2018 (“FinSA") and that have elected to be treated as “professional clients" and “qualified investors" under the FinSA and the CISA, respectively (“Elective Qualified Investors").
In particular, none of the information provided in this document should be construed as an offer in Switzerland for the purchase or sale of the interests or any related services, nor as advertising in Switzerland for the interests or any related services, to or directed at Non-Qualified Investors or
Elective Qualified Investors. Circulating or otherwise providing access to this document or offering, advertising or selling the interests or any related services to Non-Qualified Investors or Elective Qualified Investors may trigger, in particular, approval requirements and other regulatory requirements in Switzerland.
This document does not constitute a prospectus pursuant to Articles 35 et seqq. FinSA and may not fulfill the information standards established thereunder. No key information document pursuant to Swiss law has been established for the interests. The interests will not be listed or admitted to trading on a Swiss trading venue and, consequently, the information presented in this document may not fulfill the information standards set out in the relevant trading venue rules."