February was a turbulent month. The impact of the Covid-19 virus started to become visible in the financial markets. It set the sentiment upside down. Especially CTA managers and Credit managers turned out to be vulnerable for this sentiment swing. The prosperous intra month perspectives of the Long Short Equity Managers were lost. The big profits were blown away. The portfolio was saved by the strong development of Global Macro managers as well as the Crypto Currency positions. The latter positions were closed by us almost at the top of the market. We have the intention to step back in after a correction. This correction started earlier and more aggressively as we could imagine. For the next months the environment…
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The Altaica Alpha High Performance Funds are an excellent access to the alternative investments spectrum. The funds are under management of Elite Fund Management. EFM is holder of the license assigned by the AFM, included in the register of the AFM.
The Alpha High Performance Funds are the best way for portfolio diversification and to add the power of Alternative Investments to your investments. This with all advantages of licensed funds which are under full supervision of the Dutch financial authorities.
Diversification gives more safety. Our strategies are designed to add higher returns to your portfolio. This to improve the return-/-risk balance. Due to our management style the funds are less vulnerable by the directions of the markets we invest. We invite you to get further information regarding the funds from our fund managers. Sent us your request for our information package by mail or visit our seminars.
Sustainable Equity Long Short
- date: 29-02-2020
- year to date*: -3.18%
- annualised*: —
- last month*: -3.97%
* original fund starting date: 1 July 2015, however the returns mentioned here are as in the new setup since March 2019 (see also below)
** please note that before March 2019 the fund was named Alpha Eur-Asia and managed in another setup
Equity markets sentiment was extremely bullish during most of February 2020, until its last week. An abrupt and devastating change in sentiment and market direction was ignited by the Covid-19 virus. The virus started to spread all over Europe. Heavily hit by the virus are Italy and Spain. Just these two countries which are still struggling to recover from the financial crisis were forced to close down large parts of their economies. Almost all our individual equities ended the month with losses. The only exeptions were Novozymes (+5.26%) and Applied Materials (+0.95%). The most heavily hit equities in our portfolio were; Walt Disney (-14.28%), Cisco Systems (-12.5%) and Danone (-12.23%). The sectors Technology and Industrials took the hardest hits. The…
The year 2020 started well for most of our strategies. There were only a few funds with negative results. The fund gained 2.36% for the month of January. This even could have been better without the turmoil in the last week of the month. The corona virus ignited a volatility spike which erased some of the profits of CTA managers and Equity Long Short managers. Within the category Other we have a long position in Crypto Currencies which gained an exceptional 40%. Besides the Crypto Currencies one CTA manager performed particularly well with a jump of 26.5%. The other CTA managers performed more modestly. Two of the CTA managers unfortunately ended up in the red. Global Macro was the biggest…