Investment Objective
ALAP is an acronym for Allington Liquid Alternatives Portfolio. ALAP’s goal is creating a steady return profile with minimal correlation to equities and bonds while aiming for a target return of ca 5% per annum with limited downside. This target return poses an increase over the return target of 2-4% per annum which was held from inception to the middle of 2023. ALAP diversifies its exposure among 14 independent liquid alternative strategies harvesting six different return sources. To solidify the portfolio against significant stress in financial markets a systematic hedging mechanism is built into the strategy.
Performance
| JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC | YTD | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 0.6 | 0.6 | 0.5 | 0.1 | 0.9 | 0.6 | 0.4 | 0.9 | 1.0 | 0.7 | 0.8 | 0.4 | 0.7 | |
| 2022 | 0.8 | 0.5 | 0.2 | 0.6 | 0.5 | 0.4 | 0.1 | 0.3 | 0.6 | 0.7 | 0.4 | 0.8 | 0.6 |
