Echiquier QME I
Fund using a proprietary quantitative management method that systematically implements trading strategies for equities, interest rates, sovereign and corporate bonds and currencies with the aim of benefiting from bullish and bearish market trends alike, with an average annual volatility under 10%.
Class I - FR0013133618 - NAV : 1 246,83€
As of 17/04/2024
Fund news
Three questions about … Echiquier QME
Update on ECHIQUIER QME
Fund Managers
Fund Manager
With a Master's degree in Finance from Paris-Dauphine University, Ludovic Berthe began his career in 2004 at HDF Finance, one of the pioneers of hedge fund selection in France, as a quantitative analyst for alternative funds. He spent 8 years with the structure, becoming fund selector, risk manager and member of the risk control committee in 2006, then systematic strategy manager in 2011. In 2013, he joined La Financière de l'Echiquier as hedge fund manager. Since 2024, when Tocqueville Finance and LFDE merged, he has been part of LFDE's alternative investment team.
Fund Manager
Alexis Grutter holds a Master's degree in Banking and Finance from the Université Paris-Sorbonne. He began his career in 2001 as a quantitative analyst in emerging markets and fixed-income products at Fortis IM. In 2003, he joined HDF Finance, where he successively held the positions of analyst, alternative fund selector, alternative fund manager (2008) and systematic strategy manager (2011). In 2013, he joined La Financière de l'Echiquier as a hedge fund manager. Since 2024, when Tocqueville Finance and LFDE merged, he has been part of LFDE's alternative investment team.
Performance
Price dataCalendar performance (%)
Past performance is not an indication of future performance. Returns indicated are after management fees but before taxes paid by the investor.
Until 31 December 2021, the sub-fund’s performance was compared to the Capitalised Eonia. As of 1 June 2022, the sub-fund’s strategy was adjusted, and so the reported returns were generated under different circumstances.
Calendar performance (%)
| 2024 | |
| Echiquier QME I | +7,44 |
| Benchmark | +1,20 |
| 2023 | |
| Echiquier QME I | +2,13 |
| Benchmark | +3,28 |
| 2022 | |
| Echiquier QME I | +4,38 |
| Benchmark | -0,02 |
| 2021 | |
| Echiquier QME I | +0,93 |
| Benchmark | -0,49 |
| 2020 | |
| Echiquier QME I | +4,50 |
| Benchmark | -0,47 |
| 2019 | |
| Echiquier QME I | +2,66 |
| Benchmark | -0,40 |
| 2018 | |
| Echiquier QME I | -3,33 |
| Benchmark | -0,37 |
| 2017 | |
| Echiquier QME I | +2,66 |
| Benchmark | -0,36 |
| 2016 | |
| Echiquier QME I | - |
| Benchmark | -0,32 |
Cumulative performance (%)
| 3 months | |
| Echiquier QME I | +7,08 |
| Benchmark | +0,99 |
| 2024 | |
| Echiquier QME I | +7,44 |
| Benchmark | +1,20 |
| 1 year | |
| Echiquier QME I | +11,61 |
| Benchmark | +3,79 |
| 3 years | |
| Echiquier QME I | +12,60 |
| Benchmark | +4,14 |
| 5 years | |
| Echiquier QME I | +31,11 |
| Benchmark | +3,21 |
| 10 years | |
| Echiquier QME I | - |
| Benchmark | - |
| Inception | |
| Echiquier QME I | +24,68 |
| Benchmark | +2,07 |
Annualised performance (%)
| 1 year | |
| Echiquier QME I | +11,58 |
| Benchmark | +3,78 |
| 3 years | |
| Echiquier QME I | +4,03 |
| Benchmark | +1,36 |
| 5 years | |
| Echiquier QME I | +5,56 |
| Benchmark | +0,63 |
| 10 years | |
| Echiquier QME I | - |
| Benchmark | - |
| Inception | |
| Echiquier QME I | +2,76 |
| Benchmark | +0,25 |
Risk indicators (%)
| 1 year | |
| Fund volatility | 6,44 |
| Index volatility | 0,05 |
| Sharpe ratio | 1,41 |
| Information ratio | 1,41 |
| Beta | -8,38 |
| 3 years | |
| Fund volatility | 8,06 |
| Index volatility | 0,26 |
| Sharpe ratio | 0,43 |
| Information ratio | 0,43 |
| Beta | 1,81 |
| 5 years | |
| Fund volatility | 7,87 |
| Index volatility | 0,24 |
| Sharpe ratio | 0,67 |
| Information ratio | 0,67 |
| Beta | 1,00 |
Characteristics
| General characteristics of the fund | |
| Fund Inception | 06/11/2015 |
| Société de gestion | La Financière de l'Echiquier |
| Legal form | |
| Reference indicator | €STER CAPITALISE |
| Investment horizon | 3 years |
| Periodicity and Listing currency | (EUR) |
| Custodian | BNP Paribas SA |
| Fund Administrator | Société Générale |
| SFDR classification | Article 6 |
| Share class characteristics | |
| Fund Inception | 11/03/2016 |
| ISIN Code | FR0013133618 |
| SRI PRIIPS | 3/7 |
| Minimum subscription amount | 1 000 000 € |
| Investor profile | Intended essentially for institutional investors |
| Tax included Including tax | 1,00% |
| Subscription fee max. tax incl. not retained by the fund | 3,00% |
| Redemption fee max. tax incl. not retained by the fund | 0,00% |
| Performance fee | 15% of the performance over and above the higher of 2% and Eonia TR |
| Frais de gestion et autres frais administratifs et d'exploitation (based on the fund's last fiscal year) |
1,02% |
| Coûts de transaction (based on the average of the fund's last 3 fiscal years) |
0,20% |
Legal information
The information provided above is not contractual and does not constitute investment advice. Past performance is not a reliable indicator of future performance. Management fees are included in performances. The value of the investment may change in line with market fluctuations and investors may lose some or all of their initial investment, as the investment funds carry no capital guarantee. Access to the products and services presented herein may be subject to restrictions for certain people or countries. Taxation depends on each investor’s personal situation. The risks, charges and recommended investment period of the investment funds presented are described in the KIIDs (key investment information documents) and prospectuses available on this website. The KIID must be provided to potential investors prior to subscription.