After the turbulence in March there was an impressive recovery of the equity markets. Hope for a break trough of the development of a vaccine and reopening of the world wide economy fueled this recovery. This hope was less visible on the bond markets. Overall the CTA managers delivered a positive result of 2.1%. However, the divergence between the different strategies was huge. The worst performing fund lost 4.1%. The best performing fund gained 17.5%! Global Macro was also performing in a positive way. One of our two positions in this strategy is our star performer, also this month the fund added more than 4% to its value. Over 2020 the fund gained about 58%! The other manager performed less…
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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: 30-04-2020
- year to date*: -4.06%
- annualised*: —
- last month*: 7.69%
* 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
With a gain of +7.7% we almost offset the loss of March 2020. Year to date we closed the gap up to -4.1%. World equity markets, reflected by our long only benchmark is -13.2% YTD. Since the start of the strategy in March 2020 we are still generating a positive return with 22.8% and a rolling 12 month return of +10.3%. We outperformed the long only benchmark since the start with +24.9%. The recovery of the equity markets during April 2020 was as impressive as the downturn in March. However, much more difficult to manage and to understand. While the economic impact of the COVID-19 virus becomes every day more clear and depressive, markets started a new bull market. The…
After a turbulent February, markets faced an almost unprecedented increase of volatility. All financial markets suffered from severe losses. This environment was incredibly difficult to manage. Equity markets fell about 15%, but also the bond markets did not give any shelter. High Yield and Emerging Markets bonds went down by almost equity like percentages. The difficulty was in the volatility, days of movements in different directions of more than 5% became ‘normal’ in March. The fund proved its diversification value by a limited loss during March of 3.94%. The heavy weighted CTA managers contributed in a negative way to the portfolio. The diversity in performance of the CTA managers was remarkable, from +3.94% down to a monthly loss of -37.8%…