MoneyAM Fund Centre

Quick Stats

Fund Objective

The investment objective of the Fund is to seek to outperform the following index: MSCI Europe ex UK, over the recommended investment term of 5 years, less the ongoing charges ratio.In order to meet its objective, the Fund will at all times invest at least 80% of its assets in the shares of European companies (including Switzerland), excluding the UK. The Fund will invest in companies of any size.The Fund’s investment strategy relies on active discretionary management with the Investment Manager actively picking stocks. The Investment Manager can use a variety of equity management techniques to identify potential future investment returns in companies that the Investment Manager considers may be undervalued.The Fund is actively managed and seeks to hold a limited number of shares in a concentrated portfolio. The Fund will generally have approximately 40 to 60 different companies’ shares in its portfolio, but may hold more or less companies’ shares depending on investment opportunities.The Fund can invest in any country and any investment sector.The Fund may use derivatives to reduce the Fund’s exposure to the risk of currency exchange/efficient portfolio management. On an ancillary basis, the Fund may use derivatives (financial contracts that derive their values from those of other investment instruments) to offset potential losses that may be incurred by other investments made (hedging) and for investment purposes. In the case of exceptional or adverse market conditions, the Fund may invest up to 25% of its assets in cash and/or short-term fixed interest instruments, time deposits or money market instruments where the Investment Manager believes that it would be in the best interests of the Fund and its Shareholders.At such times when the Fund is pursuing a defensive strategy, it will not be pursuing its investment objective.

Fund Managers

Don Fitzgerald

Don Fitzgerald, CFA (Chartered Financial Analyst) graduated from Trinity College Dublin. He began his career with Citigroup in 1996 firstly in Dublin then in Frankfurt and Paris. He joined WestLB Paris as an investor in distressed debt in 2003 and Tocqueville Finance in 2007. From 2008 to August 2015 he managed the fund Tocqueville Value Europe to first decile performance, by Quantalys, in its category over 1, 3 and 5 years. May 2015 he was awarded the Silver Prize by REVENU for risk adjusted returns in the European equities segment over 3 years. Trilingual, Don worked in Dublin, Paris , London and Frankfurt. In September 2015, he joined DNCA Finance.

Isaac Chebaar

Isaac Chebaar began investment career in 1984; joined DNCA in 2007; has managed the fund since 2017; Chemical engineering degree from the Polytechnic school of the University of Sao Paolo in Brazil.