The first fund supported by health professionals
A rigorous selection mixing health experts and fundamental analysis
Trecento Santé ISR is an open-ended mutual fund (UCITS IV) that invests in shares of international companies from the healthcare sector (including pharmaceutical, biotechnology, diagnostics and medical technology companies, management of hospitals and health centers).
Its objective, for the recommended investment horizon of 5 years, is to achieve a net annualised return of more than 7% (share classes R EUR, R CHF and R USD) and more than 8% for the share class I EUR.
N.B: an institutional share class in euros (I EUR) has been launched on 12/31/2018.
Annual performance net of fees of the Trecento Santé ISR fund since its creation
R EUR Share – Performances at 07/12/2023
| NAV | YTD | 1 month | 1 year | 3 years | Creation |
1 886,24€ |
-8,08% |
+1,74% |
-10,05% |
-1,24% |
+88,62% |
| NAV |
1 886,24€ |
| YTD |
-8,08% |
| 1 month |
+1,74% |
| 1 year |
-10,05% |
| 3 years |
-1,24% |
Creation |
+88,62% |
R USD Share – Performances at 07/12/2023
| NAV | YTD | 1 month | 1 year | 3 years | Inception (17/01/2017) |
1 195,69 $ |
-7,11% |
+2,69% |
--% |
-12,82% |
+19,57% |
| NAV |
1 195,69 $ |
| YTD | -7,11% |
| 1 month | +2,69% |
| 1 year | --% |
| 3 years | -12,82% |
Inception (17/01/2017) |
+19,57% |
R CHF Share – Performances at 07/12/2023
| NAV | YTD | 1 month | 1 year | 3 years | Inception (17/01/2017) |
1 084,39 $ |
-12,00% |
-0,03% |
--% |
-12,70% |
+8,44% |
| NAV |
1 195,69 CHF |
| YTD | -7,11% |
| 1 month | +2,69% |
| 1 year | --% |
| 3 years | -12,82% |
Inception (17/01/2017) |
+19,57% |
ISIN code
R EUR Share – FR0011319664
I EUR Share – FR0013392461
R USD Share – FR0013224391
R CHF Share – FR0013224409
Legal form • Mutual Fund under the French law (FCP), UCITS IV compliant
Currency • Euro (€)
Launch date • 14/12/12
AMF Classification • International equities
Recommended investment horizon • 5 years
Valuation Period • Daily
Dividend Policy • Accumulation
Subscriptions/Redemptions• Cut-off: 16.30
Custodian • CACEIS Bank
Fund valuation • CACEIS Fund Administration
Auditors • Mazars
FATCA Status • Deemed-compliant FFI – Non reporting IGA FFI
Management fees
• 2% (incl. taxes) maximum for the R shares
• 1% (incl. taxes) maximum for the I EUR share
Entry fee • None
Exit fee • None
Alice LHABOUZ
Founder & CEO
Alice LHABOUZ began her career at the Corporate Finance Division of Autorité des Marchés Financiers (AMF).
After working as a Buy-Side Financial Analyst at Richelieu Finance, Alice LHABOUZ joined La Financière Meeschaert in 2005 as a Private Portfolio Manager for French high-net-worth individuals and families.
In 2011, she founded Trecento Asset Management.
Alice LHABOUZ heads the company and, with Sothira NGAUV, manages the collective investment funds (mutual or dedicated) and is also the manager of discretionary investment mandates of private clients.
Sothira NGAUV
co Fund Manager
Sothira NGAUV holds a Master’s degree in Economics from Panthéon-Assas Paris II university, and a specialized Master’s degree in Finance from Audencia Business School. He started his career in the Asset Management Department of Autorité des Marchés Financiers (french financial markets regulator), then he had the opportunity to broaden his knowledges in financial analysis in the M&A Department of Crédit Agricole.
Sothira NGAUV joined Trecento AM in 2015 as a Financial analyst and currently serves as co-Manager of Trecento Santé ISR and Trecento Robotique ISR funds, and manages the SRI division. In 2014, he became interested in the topic of the socially responsible investment, by completing a professional thesis on the challenges and measurement of the financial performance of SRI UCITS, compared to traditional UCITS. In 2019, he led with success the SRI labeling project of the Trecento Santé and Trecento Robotique funds: they obtained the SRI label in the first quarter of 2020.
A leading healthcare expert committee, supporting the management team
This committee provides its experience and expertise to the management team to refine its product and sector market understanding.
Brice GAYET
Surgeon
Surgeon and academic, world-renowned innovator in his specialty (visceral surgery), he is also recognized for the creation of companies in the biomedical sector. Advisor to several ministers of health, he notably participated in the drafting of the first French law on bioethics.
Emmanuel HUYNH
Financial communication
A graduate in Political Science, he is the co-founder and Managing Director of NewCap, a consulting firm specializing in investor relations and financial communication.
He teaches at Science-Po Paris and at the Institut Français de Administrateurs (IFA-Paris).
Jean de KERVASDOUÉ
Health Economist
Engineer, graduate of Cornell University (MBA and Ph-D), he has been a researcher at the Ecole Polytechnique, a top civil servant (director of hospitals from 1981 to 1986), a founder of a company (Sanesco from 1986-1997) and a new academic (chair of health economics at the CNAM 1997-2016). He has published more than twenty books and analyzed several health systems at the request of the OECD. He created the Pasteur/CNAM School of Public Health.
Jean-François MARIE
Financier
A former student of the ENA, his career has taken place in banking, insurance and asset management companies.
In the field of investment financing, he frequently intervened in the real estate, hotel and private equity sectors.
Cécile REAL
Company founder
Trained as an engineer, Cécile Réal co-founded and manages “Medivice Capital”, a seed fund specialized in the health sector.
Her entrepreneurial successes have been rewarded in 2012 with the “Cartier Women Initiative” award.
Georges TABARY
Medical Innovations
A recognized expert in medical technologies, he has been implementing significant innovations in France and internationally for 40 years, including 10 years in Japan, both within American multinationals and by managing French startups. He is now president of Imactis, leader in his sector in interventional radiology.
Guy VALLANCIEN
Surgeon
Surgeon and academic, member of the National Academy of Medicine, founder of the European School of Surgery and of the Convention on Health Analysis and Management (CHAM), he is known worldwide for being a great innovator in his specialty (urology). He contributes significantly to health policy debates.
- Performance
-
R EUR Share – Performances at 07/12/2023
NAV YTD 1 month 1 year 3 years Creation 1 886,24€
-8,08%
+1,74%
-10,05%
-1,24%
+88,62%
NAV 1 886,24€
YTD -8,08%
1 month +1,74%
1 year -10,05%
3 years -1,24%
Creation
+88,62%
R USD Share – Performances at 07/12/2023
NAV YTD 1 month 1 year 3 years Inception (17/01/2017) 1 195,69 $
-7,11%
+2,69%
--%
-12,82%
+19,57%
NAV 1 195,69 $
YTD -7,11% 1 month +2,69% 1 year --% 3 years -12,82% Inception (17/01/2017)
+19,57%
R CHF Share – Performances at 07/12/2023
NAV YTD 1 month 1 year 3 years Inception (17/01/2017) 1 084,39 $
-12,00%
-0,03%
--%
-12,70%
+8,44%
NAV 1 195,69 CHF
YTD -7,11% 1 month +2,69% 1 year --% 3 years -12,82% Inception (17/01/2017)
+19,57%
- Caracteristics
-
ISIN code
R EUR Share – FR0011319664
I EUR Share – FR0013392461
R USD Share – FR0013224391
R CHF Share – FR0013224409Legal form • Mutual Fund under the French law (FCP), UCITS IV compliant
Currency • Euro (€)
Launch date • 14/12/12
AMF Classification • International equities
Recommended investment horizon • 5 years
Valuation Period • Daily
Dividend Policy • Accumulation
Subscriptions/Redemptions• Cut-off: 16.30
Custodian • CACEIS Bank
Fund valuation • CACEIS Fund Administration
Auditors • Mazars
FATCA Status • Deemed-compliant FFI – Non reporting IGA FFI
Management fees
• 2% (incl. taxes) maximum for the R shares• 1% (incl. taxes) maximum for the I EUR share
Entry fee • None
Exit fee • None
- Documents
- The Fund Managers
-
Alice LHABOUZ
Founder & CEO
Alice LHABOUZ began her career at the Corporate Finance Division of Autorité des Marchés Financiers (AMF).
After working as a Buy-Side Financial Analyst at Richelieu Finance, Alice LHABOUZ joined La Financière Meeschaert in 2005 as a Private Portfolio Manager for French high-net-worth individuals and families.
In 2011, she founded Trecento Asset Management.
Alice LHABOUZ heads the company and, with Sothira NGAUV, manages the collective investment funds (mutual or dedicated) and is also the manager of discretionary investment mandates of private clients.
Sothira NGAUVco Fund Manager
Sothira NGAUV holds a Master’s degree in Economics from Panthéon-Assas Paris II university, and a specialized Master’s degree in Finance from Audencia Business School. He started his career in the Asset Management Department of Autorité des Marchés Financiers (french financial markets regulator), then he had the opportunity to broaden his knowledges in financial analysis in the M&A Department of Crédit Agricole.
Sothira NGAUV joined Trecento AM in 2015 as a Financial analyst and currently serves as co-Manager of Trecento Santé ISR and Trecento Robotique ISR funds, and manages the SRI division. In 2014, he became interested in the topic of the socially responsible investment, by completing a professional thesis on the challenges and measurement of the financial performance of SRI UCITS, compared to traditional UCITS. In 2019, he led with success the SRI labeling project of the Trecento Santé and Trecento Robotique funds: they obtained the SRI label in the first quarter of 2020.
- The healthcare committee
-
A leading healthcare expert committee, supporting the management team
This committee provides its experience and expertise to the management team to refine its product and sector market understanding.
Brice GAYET
Surgeon
Surgeon and academic, world-renowned innovator in his specialty (visceral surgery), he is also recognized for the creation of companies in the biomedical sector. Advisor to several ministers of health, he notably participated in the drafting of the first French law on bioethics.
Emmanuel HUYNH
Financial communication
A graduate in Political Science, he is the co-founder and Managing Director of NewCap, a consulting firm specializing in investor relations and financial communication.
He teaches at Science-Po Paris and at the Institut Français de Administrateurs (IFA-Paris).
Jean de KERVASDOUÉ
Health Economist
Engineer, graduate of Cornell University (MBA and Ph-D), he has been a researcher at the Ecole Polytechnique, a top civil servant (director of hospitals from 1981 to 1986), a founder of a company (Sanesco from 1986-1997) and a new academic (chair of health economics at the CNAM 1997-2016). He has published more than twenty books and analyzed several health systems at the request of the OECD. He created the Pasteur/CNAM School of Public Health.
Jean-François MARIE
Financier
A former student of the ENA, his career has taken place in banking, insurance and asset management companies.
In the field of investment financing, he frequently intervened in the real estate, hotel and private equity sectors.
Cécile REAL
Company founder
Trained as an engineer, Cécile Réal co-founded and manages “Medivice Capital”, a seed fund specialized in the health sector.
Her entrepreneurial successes have been rewarded in 2012 with the “Cartier Women Initiative” award.
Georges TABARY
Medical Innovations
A recognized expert in medical technologies, he has been implementing significant innovations in France and internationally for 40 years, including 10 years in Japan, both within American multinationals and by managing French startups. He is now president of Imactis, leader in his sector in interventional radiology.
Guy VALLANCIEN
Surgeon
Surgeon and academic, member of the National Academy of Medicine, founder of the European School of Surgery and of the Convention on Health Analysis and Management (CHAM), he is known worldwide for being a great innovator in his specialty (urology). He contributes significantly to health policy debates.
Past performance is not an indication of future results and may vary over time. Performances are calculated net of fees.
Data sources: Trecento AM
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