Investment Objective
The Fund implements a quantitative investment strategy (the Strategy) that combines long positions on a diversified basket of worldwide equities and short positions on futures through the BNP Paribas DEFI Equity World Market Neutral 2X TR Index. The strategy aims to deliver positive returns regardless of market conditions through a market neutral exposure to 4 core equity factors: Value, Quality, Low Volatility and Momentum.
Performance
| JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC | YTD | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.8 | 0.2 | 0.9 | 0.7 | 0.3 | 0.2 | 0.1 | 0.1 | 0.3 | 0.3 | 0.6 | 0.3 | 0.9 | |
| 2023 | 1.0 | 0.1 | 0.5 | 0.0 | 0.2 | 0.7 | 0.8 | 0.4 | 0.1 | 0.5 | 0.2 | 0.1 | 0.1 |
