Equity markets extended the strong bullish trend of 2019 in early January 2020. However, at the end of January the positive sentiment got disrupted by the Corona virus worries. All major indices ended up in the red for January. The hedge position of our portfolio kept the portfolio result positive over January. This gave us an outperformance of 1.42% over the Long Only Equity Benchmark. The best performing company in the portfolio was Novozymes (+11.8%), followed by Microsoft (+5.4%) and RELX (+5.2%). Negative results came from Illumina (-13.4%), Applied Materials (-7.5%) and ASML (-6.95%). But the biggest negative impact on the portfolio was caused by the Emerging Markets ESG ETF; this is a large position and over January it suffered…
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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: 31-01-2020
- year to date*: 0.82%
- annualised*: —
- last month*: 0.82%
* 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
December’s strategies performance was quite diversified. CTA’s and Equity related investments performed positive, Global Macro and the other strategies suffered losses. Overall we ended up with a small loss of -0.01%. For the year 2019 the result was positive and almost +2%. CTA’s was the best performing strategy. Two CTA managers were top performers of the month with profits of +5.6% and +3.8%. There were also two of them ending December in the red. Over the year the performance differences were even more spectacular; the best performing CTA of 2019 won more than 30% and at the other end of the spectrum there was a manager with a loss of more than 11%. Within Global Macro, our largest position was…
The Altaica Alpha Strategies Fund has, until a couple of months ago, not been invested in direct real estate and direct private equity. The Altaica Alpha Strategies Fund has mainly been invested in liquid alternatives, of which 50% of the total investments has always been invested in systematic approaches (prospectus guideline). The Altaica Alpha Strategies Fund has recently added the Capiva Plus Fund, a fund that invests both in direct real estate and direct private equity. Since the first of January 2020 the Altaica Alpha Strategies Fund is now also invested in Lionstone Europe Real Estate Fund 1, a newly setup fund with direct investments in the European real estate market. The reasons for investing in direct real estate and…