Language > ˅
+423 375 0333

Pricing

Driven by performance and not asset gathering

Name ISIN Start Valuation Month YTD Return Price Factsheet (T-1) KIID
PAM Alpha Strategy n/a 31.12.2003 31.07.2017 -0,13 2,93 335,75 435,75 OD n/a
PAM Alpha Class I CHF LI0222705530 23.05.2017 31.07.2017 -0,22 0,02 0,02 100,02 PAM Alpha Fund I CHF PAM Alpha Fund I CHF - KIID
PAM Alpha Class I EUR LI0222705472 24.09.2013 31.07.2017 -0,10 2,01 20,34 120,34 PAM Alpha Fund I EUR PAM Alpha Fund I EUR - KIID
PAM Alpha Class I USD LI0222705563 28.10.2013 31.07.2017 -0,11 2,78 23,2 123,20 PAM Alpha Fund I USD PAM Alpha Fund I USD - KIID
PAM Alpha Class R CHF LI0222705605 24.09.2013 31.07.2017 -0,13 1,46 16,09 116,09 PAM Alpha Fund R CHF PAM Alpha Fund R CHF - KIID
PAM Alpha Class R EUR LI0222705589 24.09.2013 31.07.2017 -0,13 1,8 18,49 118,49 PAM Alpha Fund R EUR PAM Alpha Fund R EUR - KIID
PAM Alpha Class R USD LI0222705639 24.09.2013 31.07.2017 -0,09 2,52 20,75 120,75 PAM Alpha Fund R USD PAM Alpha Fund R USD - KIID
PAM Alpha Class DI EUR LI0244763897 20.01.2015 31.07.2017 -0,17 1,58 12,59 112,59 PAM Alpha Fund DI EUR PAM Alpha Fund DI EUR - KIID
PAM Long Only Strategy n/a 31.12.2003 31.07.2017 0,57 5,58 174,47 274,47 OD n/a
PAM Long Only Class EUR LI0264074522 09.02.2017 31.07.2017 0,68 2,75 2,75 102,75 PAM Long Only Fund EUR PAM Long Only Fund EUR - KIID
PAM Long Only Class USD LI0264086823 28.01.2015 31.07.2017 0,65 4,57 17,04 117,04 PAM Long Only Fund USD PAM Long Only Fund USD - KIID
Name PAM Alpha Strategy
ISIN n/a
Start 31.12.2003
Valuation 31.07.2017
Month -0,13
YTD 2,93
Return 335,75
Price 435,75
Factsheet (T-1) OD
KIID n/a
Name PAM Alpha Class I CHF
ISIN LI0222705530
Start 23.05.2017
Valuation 31.07.2017
Month -0,22
YTD 0,02
Return 0,02
Price 100,02
Factsheet (T-1) PAM Alpha Fund I CHF
KIID PAM Alpha Fund I CHF - KIID
Name PAM Alpha Class I EUR
ISIN LI0222705472
Start 24.09.2013
Valuation 31.07.2017
Month -0,10
YTD 2,01
Return 20,34
Price 120,34
Factsheet (T-1) PAM Alpha Fund I EUR
KIID PAM Alpha Fund I EUR - KIID
Name PAM Alpha Class I USD
ISIN LI0222705563
Start 28.10.2013
Valuation 31.07.2017
Month -0,11
YTD 2,78
Return 23,2
Price 123,20
Factsheet (T-1) PAM Alpha Fund I USD
KIID PAM Alpha Fund I USD - KIID
Name PAM Alpha Class R CHF
ISIN LI0222705605
Start 24.09.2013
Valuation 31.07.2017
Month -0,13
YTD 1,46
Return 16,09
Price 116,09
Factsheet (T-1) PAM Alpha Fund R CHF
KIID PAM Alpha Fund R CHF - KIID
Name PAM Alpha Class R EUR
ISIN LI0222705589
Start 24.09.2013
Valuation 31.07.2017
Month -0,13
YTD 1,8
Return 18,49
Price 118,49
Factsheet (T-1) PAM Alpha Fund R EUR
KIID PAM Alpha Fund R EUR - KIID
Name PAM Alpha Class R USD
ISIN LI0222705639
Start 24.09.2013
Valuation 31.07.2017
Month -0,09
YTD 2,52
Return 20,75
Price 120,75
Factsheet (T-1) PAM Alpha Fund R USD
KIID PAM Alpha Fund R USD - KIID
Name PAM Alpha Class DI EUR
ISIN LI0244763897
Start 20.01.2015
Valuation 31.07.2017
Month -0,17
YTD 1,58
Return 12,59
Price 112,59
Factsheet (T-1) PAM Alpha Fund DI EUR
KIID PAM Alpha Fund DI EUR - KIID
Name PAM Long Only Strategy
ISIN n/a
Start 31.12.2003
Valuation 31.07.2017
Month 0,57
YTD 5,58
Return 174,47
Price 274,47
Factsheet (T-1) OD
KIID n/a
Name PAM Long Only Class EUR
ISIN LI0264074522
Start 09.02.2017
Valuation 31.07.2017
Month 0,68
YTD 2,75
Return 2,75
Price 102,75
Factsheet (T-1) PAM Long Only Fund EUR
KIID PAM Long Only Fund EUR - KIID
Name PAM Long Only Class USD
ISIN LI0264086823
Start 28.01.2015
Valuation 31.07.2017
Month 0,65
YTD 4,57
Return 17,04
Price 117,04
Factsheet (T-1) PAM Long Only Fund USD
KIID PAM Long Only Fund USD - KIID

Strategy Comment 07/2017

The PAM Alpha Fund Strategy (L/S) is now in its 14th year of trading with annualized returns after fees of +11.44% and a Sharpe ratio of +0.78. The Long-Short approach earned -0.13% net in July 2017, bringing us to +2.93% net YTD for calendar year 2017.


The PAM Long Only Strategy (L/C) is now in its 14th year of trading with annualized returns after fees of +7.71% and a Sharpe ratio of +0.89. The Long-Cash (Long-Flat) approach earned +0.57% net in July 2017, bringing us to +5.58% net YTD for calendar year 2017.

Over the last two years, both strategy approaches have significantly outperformed the industry in an uncorrelated way. In 2015, the L/S program earned +12.69%, the L/C program +6.09% compared to -1.50% as reported by the Barclay CTA(R) Index. In 2016, the L/S program earned +3.70%, the L/C program +2.63% compared to -0.90% for the Barclay CTA(R) Index.

July´s price action can be characterized by a low volatility upward trend extending through the entire month. Looking forward to increasing volatility during the month of August. As we have stated in prior comments, our PAM Strategy tends to do well in a volatile, zig-zag type of market environment.

All in all, our thesis that the end of QE would restore our S&P 500(R) performance was proven out in 2015 and we expect going forward that performance will remain strong whether or not we face a bull or bear market in the world´s most liquid index, the S&P 500(R).

Disclaimer

Legal Information

Select country ˅
  • Austria
  • Finland
  • Germany
  • Liechtenstein
  • Romania
  • Switzerland

No Offer

The information published on the website of AIF Alternativ Invest Finance AG does not constitute an invitation, an offer or a recommendation. The website is not directed to any person in any jurisdiction where (by reason of their nationality, residence or otherwise) the publication or availability of this website is prohibited. Persons to whom such prohibitions apply must not access this website. Finally, the information on the websites is not directed at specific persons, but at those readers who have a general interest in AIF Alternativ Invest Finance AG.


No Reliance

Although AIF Alternativ Invest Finance AG has taken all reasonable care in compiling the information on its website, it accepts no responsibility for the accuracy, reliability or completeness of the information provided. The contents of the website may be changed at any time without prior notice. The information is not to be relied on in making an investment or other decision. Please obtain specific professional advice before making any investment decision.


Warning about Risks

Please note that the value of an investment may fall as well as rise. The past is not necessarily a guide to the future performance of an investment. The investments are subject to high price fluctuations. These price fluctuations may equal or even exceed the value of the invested amount. Therefore, the preservation of the invested capital cannot be guaranteed. Please also read the risk statement provided in the Prospectus of the funds.

Accept
en

Login

Please login or sign up