KEY (Kairos Equity Yield) is the Luxembourg-based Kairos International Sicav’s equity fund investing mainly in European equity markets.
Its objective is to grow capital in the medium to long term by focusing on companies operating in regulated sectors (e.g., transport and infrastructure) and semi-regulated sectors (e.g., telecommunications and concessions) which generally present transparent, steady and sustainable dividend yield over time.
The management style is long/short, long-biased.
Stock-picking is the management team’s main performance driver, as it builds a portfolio centered around defensive businesses that are largely decorrelated from financial market trends.
Recording date September 2019
Sector/infrastructure equity fund
Long/short, long-biased management style combining bottom-up analyses of fundamentals and top-down analyses to identify sector trends
Focused on global equity markets and, in particular, regulated and semi-regulated companies. It mainly invests in global energy, transport and TLC infrastructures, with a specific focus on Europe. It may invest in companies operating in non-reproducible goods, such as monopolies or concessions
Appreciate capital in the medium to long term
Highest risk indicator in the Sub-fund. For details of the individual classes, please refer to the KIID