Easterly US Value Equity Fund

Latest Nav
163.13
10 June 2021
ISIN
IE00BMX0K335
Currency
USD
SFDR classification
Article 6
Benchmark
Russell 3000 Value NR USD
Category
US Large-Cap Blend Equity
Investment Style
Large Value
Fund Size
USD41m

INVESTMENT OBJECTIVES

The Fund aims to achieve long-term capital growth by investing in a portfolio of U.S. Equities.

The Fund’s Sub-Investment Manager, Easterly Investment Partners, was founded in 1982 and is a long only, value-orientated asset management firm based in New York, USA.

The Sub-Investment Manager aims to identify US businesses, whose equities are trading at excessive discounts on a relative and absolute basis. Employing a process that is frequently contrarian and always catalyst driven, the Manager then isolates the 25-40 best investment ideas, across all market capitalizations. Their rigorous proprietary analysis helps them to identify the presence of some form of significant catalyst. This part of the process affords them a different return profile than commonly seen in core value portfolios. The strategy follows a rigorous, fundamental, bottom up, value-orientated approach.

Key stats

The below shows the information for the share class selected in the drop down box directly below the name of the fund. You can use the drop down box to view information relating to other share classes listed in the fund. A full list of all currency share classes is available on request.

Sub-Investment Manager

Easterly Investment Partners

Investment Team Location

New York, USA

Active/Passive

Active with reference to a benchmark

Benchmark

Russell 3000 Value NR USD

Secondary Benchmark

S&P 500 NR USD

Fund Size

USD41m

Fund Launch

30 June 2020

Fund Status

Open to all investors

Share Class Launch

30 June 2020

Share Class Status

Open to all investors

Fund Currency

US Dollar

Share Class CCY

USD

Management Fee

0.9%

Min. Investment

USD1,000,000

Fund Type

UCITS

Domicile

Ireland

Administrator

BBH Fund Administration Services (Ireland) Ltd

Depositary

BBH Trustee Services (Ireland) Ltd

Auditor

Grant Thornton

Dealing Frequency

Daily

Subscriptions

T+3

Redemptions

T+5

Risk Management

1234567
Lower RiskHigher Risk
Easterly US Equity Fund Q1 2021 Webcast

Top Ten Holdings

As of 31 May 2021
NameGicsCountryWeight %
1CenterPoint Energy IncUtilitiesUnited States4.8
2General Motors CoConsumer DiscretionaryUnited States4.7
3Cisco Systems IncInformation TechnologyUnited States4.6
4International Paper CoMaterialsUnited States4.2
5International Business Machines CorpInformation TechnologyUnited States4.2
6DuPont de Nemours IncMaterialsUnited States4.1
7Citigroup IncFinancialsUnited States4.1
8Goldman Sachs Group IncFinancialsUnited States3.8
9Owens-Corning IncIndustrialsUnited States3.6
10Vodafone Group PLC ADRCommunication ServicesUnited Kingdom3.4

Get the updates

Sign up to our monthly email newsletter for the latest fund updates, webcasts and insights.

Fund Manager

Jack Murphy

Lead Portfolio Manager and CIORead More
Easterly US Equity UCITS Fund Launch Webcast

Disclaimers

Heptagon Capital Limited, Heptagon Capital LLP and its Partners disclaim any and all liability relating to these materials, including, without limitation, any express or implied representations or warranties for statements or errors contained in, and omissions from, these materials. Certain assumptions have been made, and/or parameters set, in the preparation of these materials which have resulted in the returns detailed herein, and no representation or warranty is made that any returns indicated will be achieved. Changes to assumptions or parameters may have a material impact on the returns detailed. This document should not be considered an offer to buy or sell investments. Heptagon Capital Limited has issued this communication as investment manager for Heptagon Fund PLC, and is licenced to conduct investment services by the Malta Financial Services Authority.

Heptagon Capital LLP, acting as Distributor, is authorised and regulated in the UK by the Financial Conduct Authority.

Representative and Paying Agent in Switzerland is Société Générale, Paris, Zurich branch, Talacker 50, PO Box 1928, 8021 Zurich, Switzerland. The prospectus, the key investor information document, the Articles and the annual and semi-annual reports are available free of charge from the Swiss representative.

The results given herein are based solely upon historical fund performance as gathered and supplied by Morningstar. That past performance has not been independently verified by either Heptagon Capital Limited or Heptagon Capital LLP. It is not intended to predict or depict the future performance of any investment. Past performance is not necessarily indicative of future returns.

The information contained herein is provided for informational purposes only, is not complete, and does not contain certain material information about the funds, including important disclosures and risk factors associated with an investment in the funds. Before making an investment in any fund, prospective investors are advised to thoroughly and carefully review the fund’s private placement memorandum with their financial, legal and tax advisors to determine whether an investment is suitable for them. An investment in these funds is not suitable for all investors.