Who we are
Impactfull ("IMP Emerging Equity Trends"), a sub-fund of Luxembourg SICAV ("variable capital company") managed by Ternary Fund Management under a seb-delegation agreement from Credit Agricole Indosuez Fund Solutions ("CAIFS").
Led by fund manager Keith Bortoluzzi, our team leverages advanced AI and big data analytics to identify emerging industry trends and build high-conviction portfolios.
Since 2017, our investment team and proprietary investment methodology has operated with a disciplined approach to risk management and a consistent focus on outperforming benchmarks. This long-standing performance history has been independently verified by ACA Global, ensuring the highest standards of institutional transparency. We serve professional investors seeking innovative, data-driven equity strategies within a robust regulatory framework.
Our edge
A Partnership Built on Transparency and Innovation
AI-Powered Insights
Proprietary models analyze 6,000+ companies and 350+ industry clusters, uncovering predictive signals from unstructured data like earnings calls, news, and insider transactions
Diversified & Adaptive
Equal-weight portfolios, low concentration (max 1% per stock), and high turnover (6x annually) reduce risk and capture opportunities across sectors, geographies, and market cycles.
Skin in the Game
Portfolio Manager Keith Bortoluzzi invested the majority of his savings into the fund's AuM alongside clients, ensuring alignment of interests.
Proven Track Record
22% net annualized returns, audited under UCITS vehicles across european and global markets since 2017.
Case Studies
52% IRR (exited)
Hanwha Aerospace
This South Korean midccap was the only listed manufacturer of ammunitions when the war broke between Russia and Ukraine in 2022. We noticed the company started to supply Poland to support the war effort so we bought at 10x EBIT. We doubled down in April 2023, on the day the German giant Rheinmettal acquired the spanish company Expal, one of the few remaining ammunition manufacturer, increasing our conviction that this industry was strategic. This story illustrates our ability to find overlooked companies in emerging markets to benefit from global trends that are shaping our world.
60% IRR (exited)
Vivendi
Vivendi is a conglomerate that has been trading at a 50% discount below book value for many years. We bought into the company tactically on two occasions. The first time was the day before it spun off Universal Music in 2021 to own part of the largest music business at a discount just to take our profits two days after the share distribution. The second time was in late 2024, on the day it spun off its remaining assets (Canal +, Lagardere, Havas) and play the resorption of the conglomerate discount.
45% IRR (exited)
Palantir
We invested in April 2023, when the company was trading at less than 30x EBIT, down 85% from it’s IPO high, to ride the wave of AI adoption from governments. We took our profits when the stock became too popular in late 2024 at 150x EBIT. This illustrates our ability to be contrarian, buy low and sell high.
These are exited positions used to illustrate the fund's investment methodology and do not constitute investment advice.
Our Offices
Our global footprint spans key financial hubs, powering innovation and execution.
Paris
AI research
Paris
Singapore
Fund Management & Trading
Singapore
Luxembourg
Compliance, KYC, AML and Operations
Luxembourg