Lyon-headquartered boutique Saint Olive Gestion, a subsidiary of private banking group Banque Saint Olive, has recently soft-launched the BSO North America fund, InvestmentEurope has learned.
According to fund literature, the BSO North America fund will invest primarily in North American large cap stocks from the dollar zone.
It seeks to outperform the S&P 500 NR EUR Dividends Reinvested.
The fund’s stock-picking relies on a fundamental analysis of sectors, the strategy and earning growth dynamic of companies as well as on an in-depth analysis of companies’ valuations.
The fund can be invested up to 20% in small and mid-cap stocks and up to 10% in other funds’ shares. The BSO North America does not use derivatives nor money market instruments.