Alternative Investment Funds
In 2015 Iolcus Investments AIFM founded the APOLIS SIF-SICAV umbrella alternative fund in Luxembourg. The fund is now managed from our headquarters in Athens.
Alternative Investment Funds are allowed a higher degree of versatility regarding their exposures in long or short positions on any security and asset class, are permitted to leverage funds under management and are allowed to use derivatives for directional investment positions as well as for risk hedging purposes. Conversely, traditional Undertakings for Collective Investments in Transferable Securities (UCITS), cater mainly to small private investors and are subject to strict limits on their investment universe, exposures, and strategies.
AIFs cater to the needs of professional as well as private, well-informed investors who have the knowledge and experience to comprehend this type of investment and its associated risks. The prerequisites to invest are a minimum investment, as determined by each Member State, for example, €125,000 in the case of Luxembourg and a written statement by the investor that they can comprehend the requisite risks involved.
The Apolis subfunds depend on a multi-strategy approach. Our target is to either achieve absolute returns or benchmark volatility-adjusted returns. Assets are invested based on the conditions generated by the relative dynamics between the main sectors of the economy in conjunction with the opportunities resulting by shifts in governments’ and central banks’ policies, the phase of the economic cycle and other externalities.
Investment philosophy and characteristics
The Apolis subfunds share fundamental principles and characteristics