Fund Portrait

The Fund aims to generate long-term capital growth by primarily investing in equities from companies offering exposure to the energy market. Several factors highlight that we may enter a structural bull market for commodities: The oil market is improving fast, is in deficit and the supply risk is underestimated. With the increasing debate on fossil energy future, the fund is increasing its allocation into clean energy over the years. The energy producers are in their best shape in history and generate high cash flows. The Fund is actively managed and has a balanced portfolio of 25 companies based on a standardized process. ICG uses a quantitative multi-factor model that identifies sector champions. Focus is on cash flows, asset quality, valuation, balance sheet, dividends, behavioral finance and sustainability.