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M&A focused

Last Login: 06/19/2023


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+18.6%
since 11/6/2017

+2.0%
Ø-Perf. per year

+11.3%
Performance (1yr)

14.3%
Volatility (1yr)

0.2
Return/Risk



Portfolio chart

Details
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Trading Idea

M&A focused. We ll buy shares of M&A targets and bidders in Europe and US. Targets can be either potential targets and already under bid. We ll buy the bidders when synergies are convincing. When possibile, we will go short on the names involved. The fund wants to tap the opportunity of increasing M&A activity in the high tech espcially , already underway, and banks, where we think consolidation is about to start in the eurozone. We expect higher M&A activity from cash repatriation to US following the Trump tax reform, and from the launch of the banking union in the eurozone.

Master data

Symbol

WF000FIN02

Date created

11/06/2017

Index level

-

High watermark

127.9

Investment Universe

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For the composition of the virtual portfolio click here.