Napoleon Capital, with the support of BNP Paribas Asset Management (‘BNPP AM’), announces the launch of Napoleon World Equities AR Dynamix Fund, providing access to an absolute return quantitative strategy investing in global equities. Available since 3 September, the fund is one of the first resulting from the partnership between BNPP AM and Napoleon Capital, which began a few months ago.
The fund offers exposure to a unique systematic index that is part of the Dynamix family, launched by Napoleon Capital and administered and calculated by Napoleon Index. The index is based on underlying strategies that are combined using statistics and artificial intelligence, with the allocation optimised and updated quarterly. Strategies are selected using research from Napoleon Capital, as well as from a network of researchers and professionals in quantitative finance.
Strategies are combined based on the world’s most liquid equity indices, targeting the largest companies in Japan, the United Kingdom, and the Eurozone, and also including major companies in the US tech market. The objective is to maximise capital appreciation regardless of market conditions, while targeting a maximum volatility of 10%.
Stéphane Ifrah, CEO of Napoleon Capital, comments: “This fund represents the culmination of several years of development by Napoleon Capital, and the successful launch of a new form of product. We remain focused on quantitative management and are very pleased to have the support of a major player such as BNP Paribas Asset Management.”
Denis Panel, Head Multi-Asset, Quantitative & Solutions at BNP Paribas Asset Management, comments: “We are very pleased to have contributed to the development of Napoleon Capital with the launch of this new quantitative absolute return strategy.”
Napoleon Capital is the Financial Investment Advisor (CIF status) of Napoleon Group, a French fintech based in Paris. Founded in 2016 by Arnaud Dartois (PhD), Jean-Charles Dudek and Stéphane Ifrah, Napoleon Capital specialises in the implementation of quantitative strategies on liquid underlyings (equities, rates, FX) via low frequency trading. Napoleon Capital engineers its dedicated solutions from a library of proprietary and external strategies (algorithmic challenge). In its development, Napoleon Capital is accompanied by partners of excellence such as Ecole Polytechnique, College de France and Ecole Normale Supérieure (ENS) to optimise its algorithmic composition functions.
 The fund is not an index fund as defined by regulation. Investors should refer to the fund’s regulatory documentation for more details on the meaning of the word ‘Index’ in this product.
Investments made in the fund are subject to market fluctuations and the risks inherent in investing in securities. The value of investments and the income they generate may rise as well as fall, and investors may not fully recover their investments. The described fund has a risk of loss of capital. For a more complete definition and description of the risks, please refer to the fund’s prospectus and KIID. Before subscribing, investors should read the most recent version of the prospectus and KIID available on our website www.bnpparibas-am.com.
This material is issued and has been prepared by BNP PARIBAS ASSET MANAGEMENT UK Limited, authorised and regulated by the Financial Conduct Authority. Registered in England No: 02474627, registered office: 5 Aldermanbury Square, London, England, EC2V 7BP, United Kingdom. It contains opinions and statistical data that are considered lawful and correct on the day of their publication according to the economic and financial environment at the time. This document is produced for information purposes only and does not constitute investment advice or form part of an offer or invitation to subscribe for or to purchase any financial instrument(s) nor shall it or any part of it form the basis of any contract or commitment whatsoever.
Whilst the Napoleon World Equities AR Dynamix Fund described herein has been established as a SICAV under Luxembourg law, the Fund has not been registered in the UK. Therefore the promotion of this Fund and the distribution of this document in the UK are accordingly restricted by law.
This document is provided without knowledge of an investors’ situation. Prior to any subscription, investors should verify in which countries the financial instruments referred to in this document refers are registered and authorised for public sale. In particular financial instruments cannot be offered or sold publicly in the United States. Investors considering subscriptions should read carefully the most recent prospectus and Key Investor Information Document (KIID) agreed by the regulatory authority, available on the website. Investors are invited to consult the most recent financial reports, which are also available on the website. Investors should consult their own legal and tax advisors prior to investing. Given the economic and market risks, there can be no assurance that the financial instrument(s) will achieve its investment objectives. Their value can decrease as well as increase. In particular, changes in currency exchange rates may affect the value of an investment. Performance that is shown net of management fees and is calculated using global returns with time factored in, with net dividends and reinvested interest, and does not include subscription-redemption fees, exchange rate fees or tax. Any gross of fees performance included in this material do not reflect the deduction of commission, fees and other expenses incurred. Returns will be reduced after the deduction of such fees. Past performance is not a guarantee of future results.
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