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Fonditalia Flexible Europe - R

Ranked 104 out of 185 in - Long/Short Equity over 12 months
All calculations are in EUR unless stated

Managed by

Cesare Colombo

Frederick Michelon

Frederick Michelon is a senior fund manager at Fideuram – Intesa Sanpaolo Private Banking. He runs equity strategies with a pro-active, pragmatic investment style, focusing his investments in mid and large caps and building a portfolio based on the combination of top-down approach and pure bottom-up approach. Frederick spent seven years working at Generali Investments Europe and previously worked at Dexia Asset Management as a fund manager for global balanced funds. In his career he has managed different strategies such as traditional, flexible/balanced and long/short market neutral strategies. Frederick holds a CAIA charter, a professional designation awarded by the CAIA association and he is an executive member of CAIA association.


The Sub-Fund, expressed in Euro, aims to achieve a positive absolute return over the long term by investing in stocks or stocks related derivative instruments of companies of any market capitalization and, in particular: companies incorporated in the Pan European area; companies not incorporated in the Pan European area but either (i) carrying out a predominant proportion of their business activity in such countries, or (ii) being holding companies which predominantly own companies incorporated in such countries.

Showing fund performance in Gibraltar View performance globally


Long/Short Equity over : 31/10/2016 - 31/10/2017
  • Rank 104/185 Total Return
  • Rank 32/185 Standard Deviation
  • Rank 42/185 Max Drawdown
Fund Name Currency Return
102 PTR-Corto Europe-P EUR EUR


103 BPI Global Invest BPI Alt Fd Ibe Eq L/S Fd R Cap EUR


104 Fonditalia Flexible Europe - R EUR


104 Rivoli International Fund E EUR


106 RWC US Absolute Alpha A EUR

Currency exposure is hedged

Currency exposure is hedged



Fund Name Currency Loss
41 Quantology Smart I EUR


42 Alessia - Absolute Return Plus I Cap EUR


42 Fonditalia Flexible Europe - R EUR


44 Lazard US Fundamental Alternative EA Acc EUR Hdg

Currency exposure is hedged

Currency exposure is hedged



Total Return

Quarterly Performance

to 29/09/2017 Annual Q1 Q2 Q3 Q4
2017 0.2% 0.8% 2.1%
2016 0.2% -1.1% -1.5% 0.1% 2.7%
2015 1.5% 2.2% -0.8% 1.0% -0.8%
2014 -5.8% 1.3% -1.3% -1.9% -4.0%
2013 -2.8% -2.7% -1.0% 0.4% 0.5%
2012 1.2% 2.8% -4.1% 1.9% 0.7%
2011 -5.9% 1.7% 0.2% -7.0% -0.6%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Italy
  2. Luxembourg

Fund Info

  • Launch date15/12/2010
  • Share Class size19Mn
  • Base currencyEUR
  • ISIN LU0553727727

Purchase Info

  • Min. initial investment5,000
  • Min. regular additional investment0


  • Annual management1.90%

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).