The Synchrony All Caps CH A: ranked best Swiss equity fund
The Synchrony All Caps CH A fund has been awarded a Morningstar prize. It has been ranked as one of the best Swiss equity funds.
The Synchrony All Caps CH A fund ranked first in the "Best Switzerland Equity Fund" category. Morningstar said the fund "performed well in a variety of market conditions and added value in all key sectors”. The Morningstar ranking is based on risk-adjusted performance and takes into account the last five years.
Created in 2012, the Synchrony All Caps CH fund manages assets totalling CHF 260 million as of the end of February 2020. It is available in 3 classes: the A share (accessible to all investors), the I share (reserved for qualified investors), the M share (reserved for BCGE discretionary management mandates).
This active fund is invested in Swiss equities and is based on dual expertise. Firstly, the study of the macroeconomic cycle, which is used to define the allocation to companies according to their size and their sensitivity to the cycle. Secondly, the fundamental study of companies, which is used to build a portfolio focusing on strong convictions (between 20 and 30 companies). Since its launch, the A share of the fund has generated an annual return of 11.0% at the end of February 2020, compared with 10.0% for its benchmark index (SPI).
Blaise Goetschin, CEO of BCGE said: "It is the quality of the asset management of Banque Cantonale de Genève that is highlighted by this award".