PERFORMANCE DES FONDS

DIGITAL STARS EUROPE

Inception date : 13/11/98

DIGITAL STARS EUROPE EX UK

Inception date : 30/06/06

DIGITAL STARS EUROPE SMALLER COMPANIES

Inception date : 16/12/16

DIGITAL STARS US EQUITIES

Inception date : 16/10/17

DIGITAL STARS EUROZONE

Inception date : 01/10/18
 

DIGITAL STARS EUROPE

Monthly update December 2021The month of December closed out a very rewarding 2021 for equity investors. Fears about the emergence of the Omicron variant have dissipated and the “Value” style has particularly distinguished itself during the month. The year 2021 can be split into 3 distinct phases. The first 4 months were very favourable for the most cyclical and “Value” stocks, in the continuation of the end of 2020 and the discovery of vaccines. The rise in long-term yields supported the financial sectors, and the upturn in economic momentum favoured the mining and industrial sectors. The second phase, after the emergence of the Delta variant, proved rather favourable in relative terms to the more defensive “Visibility” style. Finally, since the end of September, in a reflationary context, a forthcoming monetary tightening was expected, leading to a rise in interest rates, which once again benefits the “Value” style in relative terms, but to a less marked extent than at the beginning of the year. Benefiting from the end-of-year rally, the Digital Stars funds closed an exceptional year in 2021, with performances exceeding 30% despite the health crisis. The good dispersion of performances, favouring our momentum selection, and the absence of a clear trend break explains the significant outperformance compared to the indices. However, with little exposure to the value style, which rebounded strongly, our funds ended December with a smaller increase than their indices. Due to valuation concerns, we saw profit-taking on the big winners of 2021 at the beginning of the month, especially semiconductors. The outbreak of the Omicron virus had little impact on the equity markets. The monthly performance of Digital Stars Europe Acc was +4.1%, compared to +5.5% for the MSCI Europe NR.

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Objectives

The objective of the sub-fund is to generate long-term capital appreciation and outperform the European markets as a whole by using a sophisticated quantitative model, designed by Jacques Chahine, which makes it possible to identify the “star” performers.

Fund profile

An extremely well diversified portfolio, invested across all market capitalizations in a purely quantitative style. Its investment universe includes around 1,700 stocks from the European Union, the United Kingdom, Switzerland and Norway with capitalizations exceeding 100 million euros. The sub-fund may invest up to 50% of its net assets in large cap stocks belonging to the Stoxx 50.

DIGITAL STARS EUROPE EX-UK

Monthly update December 2021
The month of December closed out a very rewarding 2021 for equity investors. Fears about the emergence of the Omicron variant have dissipated and the “Value” style has particularly distinguished itself during the month. The year 2021 can be split into 3 distinct phases. The first 4 months were very favourable for the most cyclical and “Value” stocks, in the continuation of the end of 2020 and the discovery of vaccines. The rise in long-term yields supported the financial sectors, and the upturn in economic momentum favoured the mining and industrial sectors. The second phase, after the emergence of the Delta variant, proved rather favourable in relative terms to the more defensive “Visibility” style. Finally, since the end of September, in a reflationary context, a forthcoming monetary tightening was expected, leading to a rise in interest rates, which once again benefits the “Value” style in relative terms, but to a less marked extent than at the beginning of the year. Benefiting from the end-of-year rally, the Digital Stars funds closed an exceptional year in 2021, with performances exceeding 30% despite the health crisis. The good dispersion of performances, favouring our momentum selection, and the absence of a clear trend break explains the significant outperformance compared to the indices. However, with little exposure to the value style, which rebounded strongly, our funds ended December with a smaller increase than their indices. Due to valuation concerns, we saw profit-taking on the big winners of 2021 at the beginning of the month, especially semiconductors. The outbreak of the Omicron virus had little impact on the equity markets. Digital Stars Europe Ex-UK Acc ended December at +4.1% compared to +5.3% for the MSCI Europe ex UK NR.

Read the monthly report in PDF format

Objectifs

The objective of the sub-fund is to generate long-term capital appreciation and outperform the European markets (excluding the United Kingdom) as a whole by using a sophisticated quantitative model, designed by Jacques Chahine, which makes it possible to identify the “star” performers.

Fund profile

An extremely well diversified portfolio, invested across all market capitalizations in a purely quantitative style. Its investment universe includes around 1,300 stocks from the European Union (excluding the United Kingdom), Switzerland and Norway, with capitalization exceeding 100 million euros. The sub-fund may invest up to 50% of its net assets in large capitalization securities belonging to the Euro Stoxx 50.

DIGITAL STARS EUROPE SMALLER COMPANIES

Monthly update December 2021The month of December closed out a very rewarding 2021 for equity investors. Fears about the emergence of the Omicron variant have dissipated and the “Value” style has particularly distinguished itself during the month. The year 2021 can be split into 3 distinct phases. The first 4 months were very favourable for the most cyclical and “Value” stocks, in the continuation of the end of 2020 and the discovery of vaccines. The rise in long-term yields supported the financial sectors, and the upturn in economic momentum favoured the mining and industrial sectors. The second phase, after the emergence of the Delta variant, proved rather favourable in relative terms to the more defensive “Visibility” style. Finally, since the end of September, in a reflationary context, a forthcoming monetary tightening was expected, leading to a rise in interest rates, which once again benefits the “Value” style in relative terms, but to a less marked extent than at the beginning of the year. Digital Stars Europe Smaller Companies Acc ended up +5.2% in December, outperforming the MSCI Europe Small Cap NR at +4.4%. Industrials (MPC Container Ships, Heidelberger Drucksmaschinen), helped the fund in absolute terms, especially in construction (Salcef, Volution). But in relative terms, it was the IT (GFT Technologies, HANZA) and healthcare sectors (Medicover, Medartis) that stood out. The fund closed the year 2021 up +33.6%, driven by industrials.

Read the monthly report in PDF

Objectives

The objective of the sub-fund is to generate long-term capital appreciation and outperform the European small-cap markets by using a sophisticated quantitative model, designed by Jacques Chahine, which makes it possible to identify the “star” performers.

Fund Profile

An extremely well diversified portfolio, invested in small and mid caps in a purely quantitative style. Its investment universe includes around 1,500 stocks from the European Union, the United Kingdom, Switzerland and Norway, whose capitalization exceeds 50 million euros and does not exceed the largest capitalization of the MSCI Europe index. Small Cap.

DIGITAL STARS US EQUITIES

Monthly update December 2021The month of December closed out a very rewarding 2021 for equity investors. Fears about the emergence of the Omicron variant have dissipated and the “Value” style has particularly distinguished itself during the month. The year 2021 can be split into 3 distinct phases. The first 4 months were very favourable for the most cyclical and “Value” stocks, in the continuation of the end of 2020 and the discovery of vaccines. The rise in long-term yields supported the financial sectors, and the upturn in economic momentum favoured the mining and industrial sectors. The second phase, after the emergence of the Delta variant, proved rather favourable in relative terms to the more defensive “Visibility” style. Finally, since the end of September, in a reflationary context, a forthcoming monetary tightening was expected, leading to a rise in interest rates, which once again benefits the “Value” style in relative terms, but to a less marked extent than at the beginning of the year. Digital Stars US Equities Acc USD was up 0.9% in December, but significantly underperformed the MSCI USA NR at +3.9%, and the MSCI USA Small Cap NR at +3.3%. The late-November fears about the omicron variant continued into mid-December, hitting retail and apparel (Crocs, a.k.a. Brands, Signet Jewelers) which represent a major portion of the fund. Lending platforms weighed negatively (LendingClub, Upstart Holding), as did the under-representation of defensive sectors: big pharma, consumer staples. The end of the month was more favourable for the fund, which closed the year 2021 at +37.9%.

Read the monthly report in PDF format

Objectifs

The objective of the sub-fund is to generate long-term capital appreciation and outperform the American markets as a whole by using a sophisticated quantitative model, designed by Jacques Chahine, which makes it possible to identify “star” performers.

Profil du fonds

323 / 5000 Résultats de traduction An extremely well diversified portfolio, invested across all market capitalizations in a purely quantitative style. Its investment universe includes approximately 2,700 stocks from the US market, with a capitalization exceeding $ 100 million, and monitored by a minimum of 3 financial analysts.

DIGITAL STARS EUROZONE

Monthly update December 2021The month of December closed out a very rewarding 2021 for equity investors. Fears about the emergence of the Omicron variant have dissipated and the “Value” style has particularly distinguished itself during the month. The year 2021 can be split into 3 distinct phases. The first 4 months were very favourable for the most cyclical and “Value” stocks, in the continuation of the end of 2020 and the discovery of vaccines. The rise in long-term yields supported the financial sectors, and the upturn in economic momentum favoured the mining and industrial sectors. The second phase, after the emergence of the Delta variant, proved rather favourable in relative terms to the more defensive “Visibility” style. Finally, since the end of September, in a reflationary context, a forthcoming monetary tightening was expected, leading to a rise in interest rates, which once again benefits the “Value” style in relative terms, but to a less marked extent than at the beginning of the year. Benefiting from the end-of-year rally, the Digital Stars funds closed an exceptional year in 2021, with performances exceeding 30% despite the health crisis. The good dispersion of performances, favouring our momentum selection, and the absence of a clear trend break explains the significant outperformance compared to the indices. However, with little exposure to the value style, which rebounded strongly, our funds ended December with a smaller increase than their indices. Due to valuation concerns, we saw profit-taking on the big winners of 2021 at the beginning of the month, especially semiconductors. The outbreak of the Omicron virus had little impact on the equity markets. Digital Stars Eurozone Acc ended December at 4.3% compared to 4.9% for the MSCI EMU NR.

Read the monthly report in PDF format

Objectives

The objective of the sub-fund is to generate long-term capital appreciation and outperform the Eurozone markets as a whole by using a sophisticated quantitative model, designed by Jacques Chahine, which makes it possible to identify the top "stars" performers.

Fund profile

An extremely well diversified portfolio, invested across all market capitalizations in a purely quantitative style. Its investment universe includes Eurozone market stocks, whose capitalization exceeds $ 100 million, and monitored by a minimum of 3 financial analysts.