The Kepler Cheuvreux Foundation is pleased to share that the 6th Charity Trading Day raised a record of c.EUR450,000.

The Charity Trading Day supports 10 anchor projects dedicated to nurturing, protecting, and educating young people, as well as several food banks across 8 European countries.

The ten anchor projects are:

• Belgium: Pelicano
• France: AP-HP, Assistance Publique – Hôpitaux de Paris (Hôpital Necker-Enfants malades, and Robert-Debré du Cerveau de l’Enfant)
• Germany: Die ARCHE Kinderstiftung and JOBLINGE
• Italy: Fondazione Buzzi per l’Ospedale dei Bambini
• Netherlands: Het Vergeten Kind
• Spain: Fundación El Sueño de Vicky
• Sweden: Stiftelsen Friends
• UK: The Charlie Waller Trust

All commissions* received yesterday on European equities will be donated to these 10 anchor projects and several food banks.

A huge thank you for your support.

*Net commissions after execution, clearing, and settlement fees.

Kepler Cheuvreux is pleased to announce the opening of a new office in Warsaw, expanding its international footprint in a dynamic region that plays an increasingly important role in Europe’s economic and financial landscape.

The Warsaw office hosts a local team dedicated to serving institutional clients and corporates in Poland and across Central and Eastern Europe (CEE). This expansion is part of Kepler Cheuvreux’s strategic development of its multi-local model, which now includes 14 offices in 13 countries. It gives the Group a unique strength: being close to clients and to the companies it covers, unlocking both local and international potential.

Kepler Cheuvreux combines a strong multi-local presence with Europe’s leading independent equity brokerage platform. The Group covers more than 1,000 stocks and represents around 90% of the market capitalisation covered in most European countries where it operates. Through its partnerships in the US and APAC, the Group provides coverage on nearly 2,800 stocks worldwide.

Leveraging its new presence in Warsaw, Kepler Cheuvreux will provide regional research along with its international coverage and services to CEE investors, while promoting CEE markets and companies to its global client base.

Laurent Quirin, Chairman of the Supervisory Board of Kepler Cheuvreux, said:

“Our ambition is to build a regional hub in Warsaw, extending our European footprint into Central and Eastern Europe. We are bringing a differentiated product that will benefit both local investors and our international client base.”

Kepler Cheuvreux is launching a strategic initiative to expand its Execution services through the creation of a new Listed Derivatives business line named “KC Agency”. This newly created activity is headed by Steeve Charvet, who brings over 25 years of leadership experience in agency execution. With this initiative, the Group reinforces its ambition to deliver transparent, innovative, and client-focused services across global markets.

A transparent and independent model

KC Agency brings together a team of 20 seasoned professionals based in London, Paris, Geneva, Nyon, and Dubai. Operating as a pure agency broker, KC Agency provides seamless execution capacity and advisory services across the full spectrum of listed derivative products, including Equity Derivatives, Financial Futures & Options, Interest Rate Derivatives, and Commodity Derivatives.

Unlocking market opportunities

Through its extensive network of liquidity providers, KC Agency offers clients pricing and market depth that go well beyond most electronic platforms. This unique position enables hedge funds, institutional investors, family offices, corporates, and dealers to capture opportunities across all global derivatives markets, with services available 24 hours a day, six days a week.

Leveraging Kepler Cheuvreux Group synergies

KC Agency draws on Kepler Cheuvreux’s strong foundations of independence, a research-driven culture, and long-standing relationships with top-tier institutions. By specialising in high-quality execution, macro-thematic strategies, volatility solutions, and portfolio hedging, KC Agency provides clients with tools to manage risk and generate value, while reinforcing Kepler Cheuvreux’s ability to support buy-side clients with comprehensive, high-quality services.

Grégoire Varenne, Chairman of the Executive Board at Kepler Cheuvreux stated: “With KC Agency, we are building a comprehensive setup designed to meet the evolving needs of all our clients, institutional investors, hedge funds, sovereign funds, banks, private banks, corporates, and family offices.”

Steeve Charvet, Head of KC Agency added: “Our pure agency model, combined with access to deep liquidity and multi-asset expertise, positions us as a true one-stop shop for derivatives strategies and execution. The objective is to provide clients with turnkey solutions tailored to their needs.”

Kepler Unigestion, a newly formed asset management partnership, in collaboration with Euronext, the leading European capital market infrastructure, today announced the launch of the Euronext Kepler Unigestion Global Equities Long Short index.

A new long/short global equities strategy powered by AI

The Euronext Kepler Unigestion Global Equities Long Short index combines artificial intelligence with rigorous portfolio construction. It aims to deliver attractive returns for investors in today’s complex equity markets through a unique long/short exposure to global equities.

The strategy is available via Euronext’s index platform and is constructed using a transparent, rules-based methodology. The index targets superior risk-adjusted returns with low correlation to traditional benchmarks, making it an attractive tool for institutional and professional investors seeking diversified alpha exposure.

Developed alongside Kepler Cheuvreux Solutions, this innovative index represents the first investment strategy designed since the formation of Kepler Unigestion, the strategic partnership between Kepler Cheuvreux and Unigestion.

Combining Machine Learning with institutional-grade index methodology

Leveraging Euronext’s robust and transparent index framework, the strategy employs state-of-the-art machine learning models developed by Kepler Unigestion to identify alpha opportunities across a broad universe of global stocks. The result is a dynamic index that captures relative value opportunities across regions, sectors, and market regimes.

Tim Rohkemper, CFA Head of Indices at Euronext, commented: “We are delighted to partner with Kepler Unigestion to introduce a new generation of smart indices. This launch underlines Euronext’s commitment to innovation and our focus on collaborating with asset managers to deliver cutting-edge investment tools to the market and provide investors with advanced, market-leading investment solutions.”

Alexei Jourovski, Head of Kepler Unigestion, added: “The launch of this index is a first milestone since the creation of Kepler Unigestion, which combines Unigestion’s deep quantitative equity expertise with Kepler Cheuvreux’s strong research footprint, financial engineering and distribution capabilities. It reflects our ambition to deliver innovative, data-driven strategies by combining AI, quantitative expertise, and leading research. We are proud to partner with Euronext on this flagship initiative.”

Emmanuel Brandariz, Deputy Head of Financial Engineering at Kepler Cheuvreux Solutions, commented: “We are delighted to have participated in this innovative project, which showcases our commitment to developing advanced strategies together with leading market partners.”

Kepler Cheuvreux is pleased to announce the appointment of Kathleen Izygon as Head of Kepler Cheuvreux Solutions.

Prior to this role, Kathleen was Head of Financial Engineering at Kepler Cheuvreux Solutions. Based in Paris, she joined KCS in 2021 after more than 15 years in financial engineering at Société Générale.

Since joining the firm, Kathleen has been instrumental in the development of Kepler Cheuvreux Solutions, the independent European leader for research, design and commercialisation of tailor-made structured investment solutions.

Kathleen graduated from CentraleSupélec and Columbia University.

More about Kepler Cheuvreux Solutions here.

We are witnessing an increase in fraud attempts via “phishing” techniques, including domain names impersonating Kepler Cheuvreux and/or its employees, such as “@keplerschevreux.com” or “@keplerscheuvreux.com” instead of “@keplercheuvreux.com”.

We are also victims of fraudulent schemes involving websites claiming to be linked to AI, as well as fake YouTube ads redirecting to fraudulent WhatsApp groups and supported by fake LinkedIn profiles. Kepler Cheuvreux does not use this type of advertising (like YouTube) nor ever communicate via applications like WhatsApp.

Kepler Cheuvreux recommends that you be particularly attentive and vigilant.

If you are unsure about an email, on a website or any other material, you can contact your dedicated contact at Kepler Cheuvreux or at the following address: https://www.keplercheuvreux.com/en/contactkc/

You can also consult the blacklists and alerts published by the ACPR and AMF by clicking on this link.

Kepler Cheuvreux, Investment Firm, reminds you that it is not authorised to receive funds from its clients and reminds you that only a banking institution is authorised to receive funds.

Current regulations also require the signing of various documents with your contact person before any transaction. Generally, no transaction can take place before a complete file has been filled in and validated.

The products and services of Kepler Cheuvreux are intended for professional clients only and not for individual customers. Therefore, Kepler Cheuvreux does not contact private individuals.

Finally, before transferring any money, Kepler Cheuvreux strongly recommends that you check your contact’s authorisation with the register of insurance, banking, and financial intermediaries.

Kepler Cheuvreux and Unigestion have now received all regulatory approvals ahead of the launch of Kepler Unigestion, a new partnership focused on quantitative strategies for listed equities.

Following the closing of the transaction, Unigestion’s Equities team has joined Kepler Cheuvreux (Suisse) SA, and now operates under the Kepler Unigestion brand. This new partnership manages over EUR 3 billion in assets and comprises a team of 20 professionals that combines cutting-edge artificial intelligence with deep investment expertise to deliver innovative equity strategies.

Strong market reception and early momentum

Alexei Jourovski, CEO of Kepler Unigestion, said: “We are pleased that the creation of Kepler Unigestion has been positively received by both our longstanding clients and the wider market. The investment environment has become more uncertain in recent months, and we are seeing a significant increase in interest in our strategies from investors seeking to profit from current market volatility. We are very excited about the opportunity to further leverage the combined expertise and enhanced capabilities of Kepler Unigestion for the benefit of our clients.“

A new phase of development

With the Kepler Unigestion brand now operational, the partnership is entering a new growth phase driven by innovation and market expansion. To achieve this, Kepler Cheuvreux, Unigestion and the Kepler Unigestion management team will leverage Unigestion’s quantitative equity expertise and Kepler Cheuvreux’s research and distribution capabilities to develop new innovative products and open up new client opportunities.

About Kepler Unigestion

Kepler Unigestion is specialised in quantitative strategies for listed equities, born from the strategic partnership between Kepler Cheuvreux and Unigestion. The entity is built on complementary expertise in fundamental and quantitative research, portfolio construction, and institutional distribution. Kepler Unigestion manages over EUR 3 billion in assets and is composed of a team of 20 professionals (as of June 2025).

More information: www.keplerunigestion.com

About Kepler Cheuvreux

Kepler Cheuvreux is a leading independent European financial services company that specialises in Research, Execution, Fixed Income and Credit, Structured Solutions, Corporate Finance, and Asset Management.

The group employs over 650 people and is present in 14 major financial centres in Europe, the US, and the Middle East: Amsterdam, Brussels, Dubai, Frankfurt, Geneva, London, Madrid, Milan, New York, Oslo, Paris, Stockholm, Vienna, and Zurich.

Group key figures:

• 1^st independent European equity broker.
• 1^st Equity Research coverage in Continental Europe.
• 1^st Country Broker and Research (Extel 2025).
• 14 major financial centres in Europe, the US, and the Middle East.
• +650 employees.
• +1,300 institutional clients.
• c. EUR5bn in assets under management for its subsidiary Ellipsis Asset Management (as of 31 May 2025).

About Unigestion

Unigestion is an international boutique asset manager with $15bn* in assets under management and 10 offices across Europe, North America, and Asia. For more than 50 years we have provided innovative investment solutions for institutional clients and high net worth individuals worldwide.

We believe that intelligent risk-taking is key to delivering consistent returns over time. This core conviction underpins our investment approach across our private equity, equities and wealth management businesses.

Unigestion’s ownership structure ensures our business is aligned with the needs of our stakeholders. Our largest shareholder is the Famsa Foundation, a Swiss foundation established by our Chairman Bernard Sabrier in 2011 to make substantial contributions to a wide range of projects in the charitable, educational, cultural and medical fields. Employees and clients are also represented as shareholders.

*Source: Unigestion as of 30 March 2025

Important Information

This document has been prepared for your information only and must not be distributed, published, reproduced or disclosed (in whole or in part) by recipients to any other person without the prior written consent of Kepler Unigestion. It is neither directed to, nor intended for distribution or use by, any person or entity who is a citizen or resident of, or domiciled or located in, any locality, state, country or jurisdiction where such distribution, publication, availability or use would be contrary to law or regulation.

This is a promotional statement of our investment philosophy and services only in relation to the subject matter of this presentation. It constitutes neither investment advice nor recommendation. This document represents no offer, solicitation or suggestion of suitability to subscribe in either the investment vehicles to which it refers or to any securities or financial instruments described herein. Any such offer to sell or solicitation of an offer to purchase shall be made only by formal offering documents, which include, among others, a confidential offering memorandum, limited partnership agreement (if applicable), investment management agreement (if applicable), operating agreement (if applicable), and related subscription documents (if applicable). Such documentation contains additional information material to any decision to invest. Please contact your professional adviser/consultant before making an investment decision.

Reference to specific securities should not be construed as a recommendation to buy or sell such securities and is included for illustration purposes only.

Past performance is not a reliable indicator of future performance. All investments involve risks, including the risk of loss of capital.

Building upon the proven success of their collaboration in the Equity Capital Markets (ECM) sector over the past seven years, Belfius Bank and Kepler Cheuvreux, Europe’s leading independent equity broker, are taking a new step forward by signing a collaboration agreement focused on Mergers & Acquisitions (M&A) and fundraising services in Belgium.

The ambition is to advise and support Belgian companies, entrepreneurs and the public sector in the origination, structuring and execution of strategic transactions in a constantly evolving and increasingly international environment.

This new M&A collaboration complements Belfius’ Corporate Finance & Capital Markets (CFCM) offering, which covers Debt Capital Markets (DCM) and Equity Capital Markets (ECM), sectors in which the bank is a leader in Belgium.

An enhanced Corporate Finance & Capital Markets offering

Belfius has been a leading player in Debt Capital Markets (DCM) for many years, supporting both companies and public sector entities in their financing operations. This leading position has regularly been recognised by Euronext Brussels, which has awarded Belfius the “Bond Finance House of the Year” prize nine times in the last 12 years.

Concluded in November 2017, the initial strategic collaboration with Kepler Cheuvreux offers a leading service in Belgium for Equity Capital Markets (ECM) transactions, advisory services (research and sales) and execution of equity transactions. This offering complements DCM activities to form Belfius’ Corporate Finance & Capital Markets (CFCM) department.

In line with its positioning in the capital markets, Belfius is now strengthening its CFCM department with Merger and Acquisition services for companies, entrepreneurs and the public sector by expanding its collaboration with the Kepler Cheuvreux M&A team.

A shared ambition

Belfius and Kepler Cheuvreux share the ambition of becoming a leader in the Belgian Mergers and Acquisitions market, in an environment where transactions are increasingly complex and international in scope. This collaboration is based on the complementary nature of Belfius’ local roots and in-depth knowledge of its clientele, and the multi-local presence and recognised expertise of Kepler Cheuvreux’ M&A team.

This positioning allows Belfius to offer its clients optimal support at every key stage, from business creation to growth, whether organic or external, to transfer or sale.

Belfius remains faithful to its mission of being “Meaningful and Inspiring for Belgian Society. Together”.

Loïc De Smet, Head of Corporate Finance & Capital Markets at Belfius: “This expansion of Belfius’ collaboration with Kepler Cheuvreux will further strengthen our role as a preferred partner, while consolidating our position as a key player in Corporate Finance and Capital Markets. The signing of this M&A collaboration reflects our commitment to helping Belgian companies, entrepreneurs and the public sector grow and to supporting their ambitions with a comprehensive range of dedicated services.”

Laurent Quirin, Chairman of the Supervisory Board of Kepler Cheuvreux: “We are delighted to sign this collaboration agreement, which builds upon a number of successful Mergers and Acquisitions transactions executed by Belfius and Kepler Cheuvreux in recent years. This initiative illustrates our shared ambition to provide leading expertise in corporate finance and M&A in Belgium, combining Belfius’ proximity to the Belgian entrepreneurial community with Kepler Cheuvreux’ recognised expertise in mergers and acquisitions and strategic advice.”

Kepler Cheuvreux is proud to share the results of the 2025 Extel Survey for Europe.

Once again, Kepler Cheuvreux confirms its leading position in European Research, based on investor votes:

• #1 Overall Country Broker (across Research, SMID, Corporate Access, Sales, Trading & Execution)
• #1 for Europe Country Research
• #2 for Pan-European Corporate Access and #1 based on corporate votes
• Top-ranked independent Research with 16 sectors in the top 10

Best Country Broker:
#1 Germany | #2 Austria | #2 Benelux | #2 France | #2 Switzerland | #3 Italy

Best Country Research:
#1 Austria | #1 Benelux | #2 France | #2 Germany | #2 Iberia | #2 Switzerland | #3 Italy

21 Kepler Cheuvreux analysts ranked in the top 10 in country research categories.

Congratulations to all our teams for their outstanding commitment.

We warmly thank our clients, partners, and corporates for their continued trust and support.

New workflow, presented at TradeTech Europe in Paris, enables mutual clients seamless access to KCx analytics data through natural language queries in FlxAI, paving the way for future agent-to-agent communication

London, UK, May 12, 2025 –FlexTrade Systems, a global leader in multi-asset execution and order management systems, and Kepler Cheuvreux, a leading independent European financial services company through its KCx execution services, today announced the availability of KCx’s sophisticated analytical suite directly from FlexTrade’s AI assistant, FlxAI, to deliver intelligent, high-value insights into client workflows.

With rapid advancements in AI, large language models are reshaping how financial firms interact with data.  Trading desks are increasingly embracing conversational AI to streamline decision-making and extract actionable insights faster than ever before. In response to market drivers, the new workflow has been developed as part of a collaborative initiative between KCx’s and FlexTrade’s teams.

Through the new collaboration, users of FlxAI, which is seamlessly embedded in FlexTrade’s FlexONE OEMS and FlexTRADER EMS solutions, can actively query KCx liquidity drivers through natural language commands, such as “What’s the anticipated closing volume according to KCx?” or “What does KCx think the volatility will be today?“.  FlxAI translates these requests into API commands, which are passed to KCx.  KCx then returns the result, derived from vast streams of structured data — timestamps, prices, venues, order types — which FlxAI translates and presents to the end user within the order blotter as rich, human-readable narratives. These narratives explain factors such as slippage drivers, venue performance, and hidden cost patterns. Additionally, using AI, KCx’s analytics continuously learns from evolving market conditions, transforming the analytics feedback in real-time.

Further development from KCx will see their own AI chat agent launch, delivering additional proprietary data points and working order content to users directly. Through agent-to-agent communication, FlxAI will extend to this AI agent to provide answers to user questions determined to be directed to KCx.

Chris McConville, Global Head of Execution Services and Trading at KCx stated: “Built on the foundation of our robust API Analytical Suite offering, this workflow integration represents a major step forward.  KCx is introducing this new capability through FlexTrade, which aligns with our mission to provide accessible, high-value insights directly into our clients’ workflows. Rather than only focusing on AI-driven execution algorithms, our priority is to enhance workflow efficiency — improving decision support, reducing manual processes, and simplifying interactions with complex data. This enables traders and portfolio managers to focus on more strategic, high-value tasks.”

Andy Mahoney, Managing Director, EMEA at FlexTrade, stated: “Our existing integration with KCx’s analytic suite has proved popular with clients looking to source high-quality, adaptive market intelligence.  Integrating the KCx data source into FlxAI was a natural step to extend the coverage to third-party data, which is relevant, useful, and timely to users.  As the sell-side finds new and unique ways to deliver content to clients, we aim to provide a seamless interface to access all services available.  With FlxAI, connected to an abundance of data sources and other AI agents, this will ensure interaction is completely natural.”

Anvar Karimson, Chief Technology Officer, Kepler Cheuvreux, stated: “This innovative integration marks a significant technological advancement in delivering intelligence when traders need it most. By connecting KCx analytics with FlxAI, we’re transforming how insights flow through decision workflows. Natural language interaction elegantly removes barriers between complex analysis and trading decisions. This reflects our core belief that sophisticated technology should feel intuitive while enhancing how clients interact with markets.”

KCx and FlexTrade will demonstrate this innovation at TradeTech Europe, May 13 – 15. The FlexTrade team will be in Track C during the roundtable sessions at the Buy-Side Innovation Day on May 13, and Booth 36 during the Main Conference on May 14 and 15.

Kepler Cheuvreux and Unigestion have entered into a strategic partnership to establish a joint asset management company specialising in quantitative strategies for public equities.

This partnership, which will manage over EUR 3 billion in assets, represents a major milestone in the shared ambition of both groups: to establish a leading player in the liquid asset management market. By combining innovation and complementary expertise, particularly in research and portfolio construction, this initiative will also benefit from Kepler Cheuvreux’s commercial strength.

Strategic synergies for a comprehensive and diversified offering

Backed by strong expertise and a solid track record, the newly formed Kepler Cheuvreux Unigestion Equities entity will leverage the respective strengths of both partners:

On the one hand, Unigestion brings its quantitative and qualitative public equities expertise, enhancing Kepler Cheuvreux’s well-established research capabilities. This partnership merges fundamental and quantitative research approaches, optimising portfolio management while diversifying and expanding the range of investment strategies.

On the other hand, Kepler Cheuvreux contributes its sales force of over 130 professionals and a network of more than 1,300 institutional clients across Europe, the United States, and the Middle East.

A shared identity

This collaboration is built on a common foundation between Kepler Cheuvreux and Unigestion: a strong historical presence in equity markets, deep knowledge of institutional clients’ needs, a longstanding multi-local presence, and an entrepreneurial culture focused on innovation.

Aligned with their shared commitment to responsible investment, both entities integrate ESG criteria into their management processes and maintain an active dialogue with the companies in their portfolios.

A two-step approach

In the first phase, Unigestion will transfer over EUR 3 billion in assets under management in the form of mandates and investment funds, while integrating its entire equities team within Kepler Cheuvreux’s operational infrastructure.

In the second phase, the two partners intend to create a new jointly-owned entity alongside the management team, with the objective of accelerating the development of this business, notably through external growth initiatives.

Laurent QUIRIN, Chairman of the Supervisory Board at Kepler Cheuvreux and Bernard SABRIER, Executive Chairman of the Board at Unigestion stated:

“This partnership is driven by a shared ambition: to provide institutional investors with sophisticated, innovative solutions tailored to the evolving market landscape. The combination of Unigestion’s quantitative expertise with Kepler Cheuvreux’s research, execution and distribution capabilities, enables us to unlock unique synergies and offer a distinctive, high-value proposition.”

This transaction is subject to regulatory approval.

About Kepler Cheuvreux

Kepler Cheuvreux is a leading independent European financial services company that specialises in Research, Execution, Fixed Income and Credit, Structured Solutions, Corporate Finance, and Asset Management.

The group employs around 600 people and is present in 14 major financial centres in Europe, the US, and the Middle East: Amsterdam, Brussels, Dubai, Frankfurt, Geneva, London, Madrid, Milan, New York, Oslo, Paris, Stockholm, Vienna, and Zurich.

Group key figures:

• 1^st independent European equity broker.
• 1^st Equity Research coverage in Continental Europe.
• 1^st Country Broker and Research (Extel 2024).
• 14 major financial centres in Europe, the US, and the Middle East.
• 600 employees.
• 1,300 institutional clients.
• EUR4.7bn in assets under management for its subsidiary Ellipsis Asset Management (at 31 January 2025).

About Unigestion

Unigestion is an international boutique asset manager with $15bn* in assets under management and 10 offices across Europe, North America and Asia. For more than 50 years we have provided innovative investment solutions for institutional clients and high net worth individuals worldwide.

We believe that intelligent risk-taking is key to delivering consistent returns over time. This core conviction underpins our investment approach across our private equity, equities and wealth management businesses.

Unigestion’s ownership structure ensures our business is aligned with the needs of our stakeholders. Our largest shareholder is the Famsa Foundation, a Swiss foundation established by our Chairman Bernard Sabrier in 2011 to make substantial contributions to a wide range of projects in the charitable, educational, cultural and medical fields. Employees and clients are also represented as shareholders.

*Source: Unigestion 31.12.24

Ellipsis AM continues to expand its offering in the Risk Mitigation Strategy space with the launch of its new fund: “Ellipsis Optimal Solutions – Alternative Hedging”. Available in UCITS format, the fund stands out as an innovative and truly diversifying hedging solution, designed to effectively protect against market uncertainties.

Integrated into a balanced portfolio, “Ellipsis Optimal Solutions – Alternative Hedging” provides effective diversification through the use of two complementary dynamic hedging strategies:

• A “Black Swan” hedge helps limit the maximum drawdown in the fund in the event of an extreme market shock and consists of out-of-the-money put options.
• A “Long Vol” hedge reduces the overall portfolio volatility and is implemented through a put spread allocation.

Thanks to its convex profile, “Ellipsis Optimal Solutions – Alternative Hedging” targets a performance that is negatively correlated to equity markets. The fund monetises major market declines and periods of high volatility, while optimising the cost of hedging during bull markets or periods of low volatility.

Performance[1] objective of the fund:

• +20% to +40% for a market decline of -15% to -20%
• +80% to +100% for a market decline of -40% to -60%
• 0% to -20% during periods of low volatility or rising markets

Like all open-ended funds available at Ellipsis AM, Ellipsis Optimal Solutions – Alternative Hedging is classified as article 8, SFDR[2].

Alexandre RYO, Head of Alternative & Overlay Solutions, comments: “The fund is based on the portfolio hedging mandates that have been in place for our institutional investors for over 15 years. Its asymmetrical profile aims to protect gains and optimise compound returns.

Pierre GALLICE, Head of Overlay Strategies & Portfolio Manager[3], adds: “With uncertainty still omnipresent, equity portfolios are vulnerable to future storms. The Ellipsis Optimal Solutions – Alternative Hedging fund provides an effective response, combining risk reduction and negative correlation with the market in the event of a shock.

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[1] Performance net of fees (after deduction of running costs), dividends and coupons reinvested

[2] ESG: Environment / Social / Governance. SFDR: European Regulation (EU) No 2019/2088 known as Sustainable Finance Disclosure (SFDR). More information on our ESG policy (environmental, social and governance criteria): https://www.ellipsis-am.com/fra/fr/pro/esg-reglementaire.

[3] Management team at the launch of the fund on 31/01/2025, which may change during the life of the fund.

Fund risk warning:

The implemented strategy may generate negative performance during slow and continuous declines in risky assets or during periods of low volatility. The fund is exposed to model risk related to the hedging strategy implemented, which relies on a systematic management process. There is a risk that this model may not be efficient. Furthermore, the fund is exposed to volatility risk, counterparty risk, and risks associated with the use of derivative financial instruments. These factors may result in a decrease in the fund’s net asset value, which is not subject to any guarantee or protection.

IMPORTANT INFORMATION

This advertising document is for information purposes only and does not constitute investment advice on financial products. Due to its simplified nature, the information contained in this document may only be partial. It may be subjective and is subject to change without notice. All data has been established in good faith on the basis of market information. The accuracy of any information obtained from external sources cannot be guaranteed.

The investment is in units of a collective investment scheme and not in the underlying assets. UCIs do not offer a capital guarantee.

In some jurisdictions, the offering of mutual fund units may be restricted or prohibited by law. Before making any offer, it is advisable to check in which countries the UCI(s) referred to in this document are registered for marketing. The UCI may not be subscribed or held by a Non-Eligible Person or a Non-Eligible Intermediary (see the section on “Relevant subscribers” in the prospectus).

This document may not be reproduced in any form or transmitted to any person other than the person to whom it is addressed without the prior written consent of Ellipsis AM.

Additional information for Switzerland:

The domicile of the fund is France. In Switzerland, the representative is Acolin Fund Services AG, Maintower, Thurgauerstrasse 36/38, 8050 Zürich, whilst the paying agent is Banque Cantonale de Genève, 17 quai de l’Ile, CH-1204 Genève. The prospectus, the Key Investor Information Documents, the fund regulation and the articles of association, as well as the annual and semi-annual reports may be obtained free of charge from the representative. 

www.ellipsis-am.com