Pierre Bonart
“The main strategic allocation theme remains the attractiveness of equity markets as compared to other traditional asset classes and especially fixed income. This leads us to a have a low exposure to fixed income and rather to be invested in a multi-strategy fund of hedge funds, having about the same expected returns for a much lower volatility, about 2.5 per cent. Another important theme is the structural rise in commodity prices, which is implemented via two Merrill Lynch funds, ML World Mining and ML World Energy.”
Amount (E) Fund
30,000 L Multi Hedge
7500 Legg Mason America Value
7500 WP Select Growth (US Conservative Growth)
7000 Comgest Asia
7000 Croissance Euro Actions (Euro Growth Equities)
7000 Louvre Multi Select Global Bond Fund
5000 Agressor - La Financiere de l'Echiquier (small cap value)
5000 AXA World Talents
5000 OPA Monde
5000 MLIIF World Mining Fund
5000 MLIIF World Energy Fund
3000 Louvre Multi Select Emerging Equity Fund
3000 Fortis Convertible Bond Europe
3000 Wanger AM New America Small Caps
