Lumyna - Weiss Multi-Strategy UCITS Fund

Investment Objective

The Fund's objective is to achieve attractive and consistent risk adjusted returns with moderate volatility. The fund employs a daily liquid, actively managed, market neutral multi strategy using a rigorous, risk-controlled approach across a range of liquid and diversified sub-strategies. The Fund invests in equities, corporate and government bonds and a range of derivatives instruments linked to these assets.

Latest Meeting Note

Meeting 05 Jun 2023

Founded in 1978, Weiss is a pioneer in market neutral investing with the firm having successfully built an alpha focused investment platform that combines sector expertise (currently 22 PMs with an average tenure at the firm of over ten ... Read more

Founded in 1978, Weiss is a pioneer in market neutral investing with the firm having successfully built an alpha focused investment platform that combines sector expertise (currently 22 PMs with an average tenure at the firm of over ten years) with proprietary data analytics tools to deliver consistent, uncorrelated returns irrespective of market direction. The Weiss Alternative Multi-Strategy launched in 2015 (US mutual fund) with the aim to provide investors with a fixed income replacement solution, with the UCITS version coming to the in June 2021. The fund employs a multi-strategy approach that provides a risk-balanced exposure to three sub-strategies: a core market neutral portfolio consisting of 20 fundamental, sector focused equity strategies (c. 1/3rd risk budget or 60% gross allocation); a discretionarily managed long-only Growth component which aims to replicate exposure to the US equity markets, and a Defensive long-only component created to provide exposure to US Treasury, Corporate and HY credit (implemented through index futures and total return swaps). The portfolio allocation between the different sleeves changes dynamically, with the portfolio rebalanced monthly in an effort to improve diversification and liquidity.

Performance

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC YTD
2023 0.7 0.2 0.3 0.0 0.6 0.5 0.8 0.4 1.0 0.9 1.0 0.7 0.0
2022 0.0 0.5 0.4 0.6 1.0 0.7 0.9 0.8 0.1 0.6 0.7 0.6 0.2

or Register for Free

  • Access the full universe of UCITS Hedge Funds and Absolute Return Funds.
  • Build and curate a watchlist.
  • View the latest research.
Current Site Absolute Hedge is a market leading UCITS research database providing proprietary research on funds, themes and strategies in the UCITS space. Kepler Trust Intelligence is produced by the investment companies team at Kepler Partners and is the UK’s premier source of detailed qualitative research on investment trusts. Kepler Liquid Strategies is a Dublin domiciled UCITS fund platform featuring a number of best-of-breed fund managers. Kepler Partners is a corporate advisory and asset raising boutique specialising in the regulated funds market in Europe and investment trusts in the UK.