Levin Easterly US Equity Fund

Latest Nav
139.82
Date of Latest NAV
14 January 2021
ISIN
IE00BMX0K335
Currency
USD
Benchmark
Russell 3000 Value NR USD
Category
US Large-Cap Blend Equity
Investment Style
Large Value
Fund Size
USD31m

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, Levin Easterly Partners LLC, 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

Sub-Investment Manager

Levin Easterly

Investment Team Location

New York, USA

Benchmark

Russell 3000 Value NR USD

Secondary Benchmark

S&P 500 NR USD

Fund Size

USD31m

Fund Launch

30 June 2020

Share Class Launch

30 June 2020

Share Class CCY

USD

Management Fee

0.9%

Min. Investment

USD1,000,000

Fund Type

UCITS

Domicile

Ireland

Depositary

BBH Trustee Services (Ireland) Ltd

Auditor

Grant Thornton

Dealing

Daily by 14:00 Irish Time

Subscriptions

T+3

Redemptions

T+5

Risk Management

1234567
Lower RiskHigher Risk

Webcast

Levin Easterly US Equity Fund Q4 2020 Webcast

Top Ten Holdings

As of 31 December 2020
NameSectorCountryWeight %
1Archer-Daniels Midland CoConsumer StaplesUnited States4.4
2Primo Water CorpConsumer StaplesUnited States4.4
3American International Group IncFinancialsUnited States4.3
4Merck & Co IncHealth CareUnited States4.3
5Voya Financial IncFinancialsUnited States4.2
6General Motors CoConsumer DiscretionaryUnited States4.2
7Owens-Corning IncIndustrialsUnited States3.6
8Centerpoint Energy IncUtilitiesUnited States3.6
9International Paper CoMaterialsUnited States3.6
10Abbvie IncHealth CareUnited States3.6

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.

London Stock Exchange Group plc and its group undertakings (collectively, the “LSE Group”). © LSE Group 2020. FTSE Russell is a trading name of certain of the LSE Group companies. Russell® is a trade mark of the relevant LSE Group companies and is used by any other LSE Group company under license. All rights in the FTSE Russell indexes or data vest in the relevant LSE Group company which owns the index or the data. Neither LSE Group nor its licensors accept any liability for any errors or omissions in the indexes or data and no party may rely on any indexes or data contained in this communication. No further distribution of data from the LSE Group is permitted without the relevant LSE Group company’s express written consent. The LSE Group does not promote, sponsor or endorse the content of this communication. The S&P 500 (“Index”) is a product of S&P Dow Jones Indices LLC, its affiliates and/or their licensors and has been licensed for use by Heptagon Fund plc. Copyright © 2020 S&P Dow Jones Indices LLC, its affiliates and/or their licensors. All rights reserved. Redistribution or reproduction in whole or in part are prohibited without written permission of S&P Dow Jones Indices LLC. For more information on any of S&P Dow Jones Indices LLC’s indices please visit www.spdji.com. S&P® is a registered trademark of Standard & Poor’s Financial Services LLC and Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC. Neither S&P Dow Jones Indices LLC, Dow Jones Trademark Holdings LLC, their affiliates nor their third party licensors make any representation or warranty, express or implied, as to the ability of any index to accurately represent the asset class or market sector that it purports to represent and neither S&P Dow Jones Indices LLC, Dow Jones Trademark Holdings LLC, their affiliates nor their third party licensors shall have any liability for any errors, omissions, or interruptions of any index or the data included therein.