Overview
Select Alternative Strategies ICAV - A&Q (Irl) Alpha Select Master is a broad based diversified fund of funds that seeks to consistently realize risk-adjusted appreciation in the value of its assets over an economic market cycle (3-5 years) by maintaining a portfolio of hedge fund investments which typically have low to moderate correlation to traditional benchmarks and demonstrate a balance of strategies, markets and risks. The fund typically allocates to Credit/Income, Equity Hedged, Multi-Strategy, Relative Value, and Trading investment strategies. From time to time, the manager of fund may adjust portfolio allocations to certain sectors based on macro environment factors and/or specific market events.
Risks
Unlike traditional investments, hedge funds do not primarily aim to attain exposure in specific markets or investment instruments. They differ in their more frequent use of derivative instruments and in trying to leverage their return by borrowing funds, using derivatives and taking up short positions on securities. As a result, they have potential risks in addition to the market, credit and liquidity risks associated with traditional investments. This requires corresponding risk tolerance and capacity. Investors should also be aware that these funds offer no capital preservation guarantee. All investments are subject to market fluctuations. Every fund has specific risks, which can significantly increase under unusual market conditions. The fund can use derivatives, which may result in additional risks (particularly counterparty risk).
Features
| Product category |
麻豆社 Alternative Funds 麻豆社 Hedge Funds |
| Product domicile |
Ireland
|
| Portfolio management |
麻豆社 Asset Management (Americas) LLC, New York
|
| Fund management |
麻豆社 Asset Management (Europe) S.A., Luxembourg
|
| Custodian bank |
Mitsubishi UFS Investor Services & Banking (Luxembourg) S.A., Dublin Branch
|
| Representative for products established under foreign law |
麻豆社 Asset Management (UK) Limited
|
| Day of inception |
03 August 2021
|
| Currency of account |
EUR
|
| Close of financial year |
31 December
|
| SFDR Classification |
Art.6
|
| Issue |
monthly
|
| Redemption |
quarterly
|
| Distribution |
Reinvestment
|
| Maturity |
Open end
|
| Ongoing costs p.a. |
3.49% p.a.
|
| Performance fee |
10.00%
|
| Management fee |
0.60% p.a.
|
| Minimum investment |
n.a.
|
| ISIN |
IE00BYZV8899
|
Performance and Prices
Percentage growth
as of 31 March 2026
Cumulative
| EUR(%) | |
| YTD | |
| 1M | |
| 3M | -0.72 |
| 6M | 3.51 |
| 1Y | 5.91 |
| 2Y | 13.96 |
| 3Y | 19.60 |
| 5Y | |
| ø p.a.5Y |
Discrete Annual
| EUR(%) | |
| Q4 2024 to Q4 2025 | 6.92 |
| Q4 2023 to Q4 2024 | 9.09 |
| Q4 2022 to Q4 2023 | 3.50 |
| Q4 2021 to Q4 2022 | -2.61 |
| Q4 2020 to Q4 2021 | - |
Current data
| Net asset value | 31.03.2026 | EUR 121.33 |
| High - last 12 months | 28.02.2026 | EUR 126.99 |
| Low - last 12 months | 30.09.2025 | EUR 117.22 |
| Assets of the unit class in mn | 31.03.2026 | EUR 0.30 |
| Total product assets in mn | 31.03.2026 | EUR 181.98 |
Structures
Fees
Ongoing costs p.a.
3.49%
Flat fee
0.60%
Management fee p.a.
0.60%
Max. issuing commission
3.00%
Max. redemption commission
0.00%
Distribution fee
(see info)
Performance Fee
10.00%
Distributions
No distributions. Continuous reinvestment of income.
Sales Authorisations
Literature
Agreement / Prospectus
|
Document type
|
Document Language
|
| Supplement |
|
| Past performance |
|
| Key Information Document UK |
|
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