Osiris’ fund management activities were entirely taken over in January 2012 through the present asset management team, that possesses over 20 years of experience in the field of ‘Value Investing’. Our first fund, the Mistral Value Fund, which is also our flagship fund, was established in 2007. Based on our philosophy of a strong in-house research and a highly disciplined approach, we manage our family of Mistral funds in a range of investment strategies, from equity to strategic allocation as well as alternative funds, based both in Liechtenstein and in Luxembourg.
The Mistral is an equity fund suitable for investors with a long-term investment approach of 3 to 5 years. Our value-oriented approach is combined with a contrarian type of strategy. Discipline coupled with patience and endurance are the main qualities for the achievement of solid results also during adverse market cycles. The fund is available in 3 tranches in USD, EUR and CHF.
Strategy in a word: The value investment strategy focuses on the purchase of high quality assets that the market is mispricing according to our in-house valuation models. We treat the fund as if it was a holding company, therefore, maintaining our exposure on average throughout a full business cycle (4-5 years), observing but rarely reacting to day-to-day market evolution. Volatility at 11% stands at a crossing point between the equity and the bond markets. Internal turnover lies in the range of up to around 30% p.a.. The fund offers the management the possibility to hedge up to 100% of the equity exposure through futures or options strategies (no leverage allowed) or through the reduction of exposure in favor of cash, up to 50%. It provides exposure to equity markets by seeking investment opportunities across all market capitalizations and on a global scale. Because of its broad diversification it represents a full equity exposure to the world stock market.
Total combined assets: in excess of 90 USD million
Role in the portfolio: Value-oriented investment for building wealth and accumulating assets
Total combined assets: in excess of 50 USD million
Role in the portfolio: Addition to an existing portfolio