Energy Champions Fund
The Energy Champions Fund is an open-end fund incorporated in Luxembourg. The Energy Champions Fund offers the investor the opportunity to participate in an actively managed portfolio of energy companies active in the oil and gas sector and this in a pragmatic sustainable way. This means considering sustainability criteria without losing sight for return. The Fund’s objective is to achieve long-term return.
A portfolio of energy equities reduces firm specific risks while it increases the commodity exposure. The Energy Champions Fund invests in the top 25 oil and gas producers (Upstream) based on our ICG Alpha Scorecard with an interesting geographical mix and strong focus on value, low cost and low financial leverage metrics.
Energy companies are entering a phase of improving margins and the valuation is very low on a relative basis compared to the global equity markets. Over the last few years, energy investors asked for greater capital discipline, more competitive free cash flow and consolidation and now we see real improvement on all three aspects.