S14 Absolute Return

Equity Long Short - Market Neutral

PART F : FR0014004I16
PART I : FR0014004I24

As of 17/06/2024

S14 Absolute Return is a sector focused market neutral equity long short fund.
The investment objective of the fund is to achieve an absolute performance with low correlation to the equity markets, over a recommended minimum investment horizon of three years, mainly by taking equity positions, either directly or using financial contracts.
The fund is exposed to capital loss risk, risks linked to the use of financial contracts, counterparty risk and to a lesser extent to liquidity risk and operational risk.
The investment team deploys a sector expertise and a thorough analysis of companies valuation in order to identify their long term growth potential.

22-May

LAUNCH DATE

1002.16

NAV

0.24%

MTD

0.22%

PERFORMANCE SINCE INCEPTION

Download NAVs (CSV)

Fund features

Characteristics

Share class	I
ISIN code	FR0014004I24
Ticker	S14ARII FP
Legal structure	SICAV UCITS
Currency	EUR
Launch date	May
NAV frequency	DAILY
Administrator	CACEIS BANK
Auditor	GRANT THORNTON
fund manager	S14 CAPITAL
countries of distribution	FRANCE

Risk level

Low

High

Lower risk may imply potentially lower returns. Higher risk may potentially imply higher returns.

Regulatory
Fund Documents

Fees

Management fees	1,25%
Admin fees	0.6% MAXIMUM
Performance fees	20% performance fee over �STR+100 BPS
Entry fees	5% MAXIMUM
Exit fees	N�ANT

The S14 Absolute Return F Share class is currently soft closed. 5% entry fee could be charged to new investors.

Marketing
Fund Documents

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LONG ONLY
INTERNATIONAL FLEXIBLE

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S14 Capital

S14 Capital is an independant asset management company founded in October 2019 and regulated by the AMF (Autorité des Marchés Financiers). S14 Capital manages EUR 650 million as of September 30th 2023 for institutional investors and family offices.