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.
On this website the performance is updated only monthly. But daily performance is visible on all financial portals like Bloomberg
ECF NAV & Performance
| wdt_ID | Share Class | NAV (31.08.2023) | August | YTD | 2022 | 2021 | 3 Year | 5 Years | Since Inception |
|---|---|---|---|---|---|---|---|---|---|
| 2 | ECF - A1 - Accumulating | USD 68.2 | 1.2% | 8.1% | 25.2% | 80.4% | 179.4% | 15.0% | -31.9% |
| 3 | ECF - A2 - Distributing | USD 58.0 | 1.2% | 8.1% | 25.2% | 80.5% | 179.3% | 15.0% | -35.6% |
| 4 | ECF - I1 - Accumulating | USD 100.5 | 1.3% | 8.5% | 1.6% | ||||
| 5 | ECF - I2 - Distributing | USD 581.4 | 1.3% | 8.5% | 26.0% | 81.6% | 184.8% | 18.7% | -32.1% |
I1-Classe inception 01.12.2022
I2-Class inception 12.09.2014
More information and documents available on fundinfo or upon request.
| wdt_ID | Facts | ECF |
|---|---|---|
| 2 | Fund name | White Fleet II - Energy Champions Fund |
| 3 | Investment Manager | Independent Capital Group AG |
| 4 | Legal status | Luxembourg SICAV with UCITS-IV status |
| 5 | Due Diligence | Castle Hall Alternatives - OPS Diligence (Own DD reports available on request) |
| wdt_ID | Facts | ECF |
|---|---|---|
| 2 | Base currency | USD |
| 3 | Launch date | March 2014 |
| 4 | Benchmark | MSCI World Energy Sector Index Net TR |
| 5 | Custodian | Credit Suisse Luxembourg |
| 6 | Administrator | Credit Suisse Fund Services Luxembourg |
| 7 | Auditor | PwC Luxembourg |
| wdt_ID | Share classes | A1 - Accumulating | A2 - Distributing | I1 - Accumulating | I2 - Distributing |
|---|---|---|---|---|---|
| 2 | Bloomberg ticker | WFECHA1 LX Equity | WFECHA2 LX Equity | WFECI1A LX Equity | WFECHI2D LX Equity |
| 3 | ISIN | LU1018863792 | LU1018863875 | LU1092312823 | LU1092313045 |
| 4 | Valor number | 23322792 | 23322921 | 25025471 | 25025474 |
| 5 | Management fee | 1.25% p.a. | 1.25% p.a. | 0.65% p.a. | 0.65% p.a. |
| 6 | Min. subscription | 1 share | 1 share | USD 2'000'000 | USD 2'000'000 |
| 7 | Trading frequency | Daily, no lock-up, no redemption fees | Daily, no lock-up, no redemption fees | Daily, no lock-up, no redemption fees | Daily, no lock-up, no redemption fees |
If you would like to see the latest presentation of the Energy Champions Fund (ECF), the ESG Quarterly Report and/or like to receive our monthly published commentary on commodity markets, please click the button below
