The fund, which will be operated by Luxembourg Financial Group, will follow the same investment strategy as the existing Sabre Style Arbitrage Fund which has been available as a Cayman offshore fund since 2002.
The market neutral fund will invest in stocks chosen from a universe of 1500 names and aims to capture returns derived from the longer term effects of economic cycling plus returns generated from short term investor behavioural activity. The firm’s Cayman-domiciled fund has delivered an 8.2% annualised return since its inception.
Melissa Hill, the managing principal of Sabre, said: “We are very excited about being able to offer our fund via a Sicav.
“We have been approached by a number of investors who are interested in accessing our strategy in a Ucits format, and we hope that this product will continue increasing investor demand for funds that target consistent attractive returns with low volatility.”