SIFTER SPECIAL OPPORTUNITIES FUND

Sifter Special Opportunities applies the same Stocksifter™ measurement tool, four-staged sifting mechanism and rigorous discipline as Sifter Global. In addition, it exploits differences in investors’ time horizon. It invests only when markets overreact to transient causes and asset prices get temporarily out of line with their underlying objective value (“Kulvik Value”). Once the acquired stocks have recovered Spec Ops sells them and deposits the proceeds on money markets until the next special situation.

[Sifter SpecOps Fund fact sheet - PDF, 78 KB]

SPECIAL OPPORTUNITIES FUND CHARACTERISTICS

• Luxembourg SICAV Part II
• Fund advisor: Sifter Advisor Ltd.
• Performance fee: 20% of profit above Euribor 12 month, with high-water mark.
• Maintenance fee: 1.2% per annum.
• Subscription fee: 1.0% and redemption fee: 1.0%
• Monthly liquidity.
• At outset of special opportunity, fund manager may apply a 3-month lock-up period which it can extend by a further 3 months; monthly redemption during lock-up possible only with a 6% redemption fee.
• Managers invest their own money in the fund.

[See prospectus - PDF, 202 KB] 

[Notice to new subscribers]