GLOBAL MACRO FUND
We Has launched our first investment vehicle, the Global Macro Fund, in 2005. The Global Macro Fund is a true Macro Fund aiming at absolute return. It is top-down asset allocation based on innovative Liquidity Analysis so that high risks and costs are avoided.
Let us compare our fund with others:
What other Funds offer:
- Most global funds place their emphasis on stock selection.
- Macro asset allocation takes the form of small deviations from neutral weighting of an international index.
- Even 'global macro' funds are usually operated by stock pickers.
- As a result, performance suffers from stock exposure to bear-markets... macro by name.
- The facts: 80% of stock picking active funds under-perform the benchmark market indices. 90% of positive fund performance is due to macro asset allocation.
What we offer:
- focuses on international macro asset allocation.
- minimizes stock picking.
- minimizes risks (long positions, no leverage or derivatives)
- maximizes absolute return.
- utilizes our proprietary liquidity approach .... macro by name & nature.
- Due to mainly long-only approach, risks and costs are minimized, while returns can be highly attractive.
- The fund management is totally independent of large corporate or financial groups - No conflicts of interest.
Investment Methodology
How do we invest? Analysing credit creation (liquidity), our approach determines the state of the business cycle in each country and forecasts exchange rates. Based on this, long positions in assets are allocated globally.
We buy the entire equity market of a country where liquidity is rising (recovery phase), bonds of a country where liquidity is falling (downturn).
We take positions in currencies according to our liquidity currency model, by either buying cash or combining a currency position with a long equity or bond position.
We invest in Equities (overall market exposure), Bonds, Cash and deposits (in all currencies).
Fund Track Record
When the fund was closed in February 2009, the net asset value since launch,
after all fees and commissions, had risen by 309.50% in dollar terms. Click here to view the track record of the fund.
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