Tulip Trend Fund UCITS

The Tulip Trend fund launched in UCITS format in 2018 (in addition to the existing Cayman structure from 2003) and is managed by Transtrend, a leading CTA firm founded in 1991 whose investment approach is rooted in commodity trading. The firm is based in Rotterdam and currently manages $5.3bn into one strategy (Diversified Trend Program, “DTP”), leveraging an experienced team of 70 professionals. The program is a systematic medium-term trend following strategy investing across a highly diversified global multi asset portfolio of futures, forwards and swaps, trading a variety of traditional markets (commodities, equities, bonds, currencies), alternative markets such as electricity, emission rights, and synthetic market combinations (c. 40% risk allocation) such as commodity spreads and cross-sectional “hybrid” market combinations. The current investment universe of DTP consists of more than 700 markets. The strategy focuses on the underlying (real-world) factors that drive markets, and as such employs a holistic approach to trend identification. The strategy utilizes four families of trend systems which are fuelled by prices set in the individual markets they trade: Enhanced breakout, Risk premium, Return-to-trend, Term structure. The trend risk framework enables the fund to have sizable positions in different trends, with a balanced risk allocation across the factors driving these trends.