Endowment Strategy

Lansdowne Endowment Fund,

Lansdowne Austria

The Lansdowne Endowment Fund was launched in June 2019 and is managed by Martin Friedrich. The strategy aims to mimic the strategic behaviour of a large, long-term, unconstrained investor with an ability to ride out market cycles and invest in a counter-cyclical manner.

This investment objective shall be achieved primarily through investment in open-ended UCITS funds, which themselves seek exposure to equities, fixed income securities, real estate, commodities, currencies, insurance derivatives and hedge funds. The investment process is highly structured and follows these stages:

• Strategic Allocation

• Tactical Allocation

• Manager Selection

• Overlay Management

A risk target has been defined as a benchmark index, half of which is composed of global equities and half of global bonds:

• 50% MSCI World Net Total Return (in Euro)

• 50% Bloomberg Barclays Global Aggregate Net Total Return, Euro-Hedged

The fund has weekly liquidity and targets a 2-3% gross return over its benchmark.

Recent Performance

ISSUE

A Shares - EUR

D1 Shares - EUR

D2 Shares - EUR

F Shares - CHF

F Shares - EUR

P Shares - EUR

ISIN

LU1946059513

LU1946060875

LU1946061253

LU1946062145

LU1946062061

LU1946062574

NAV PRICE

98.80

1200.01

1198.92

933.25

1154.57

1112.92

NAV DATE

29-Nov-23

29-Nov-23

29-Nov-23

29-Nov-23

29-Nov-23

29-Nov-23

View Full Fund Performance Data

Downloads

  • Factsheets

  • Key Investor Information Document

  • Monthly Commentary

  • Prospectus

  • Constitutional Documents