Investment Objective
DB Platinum IV Systematic Alpha is an open-ended UCITS compliant fund with Winton Capital Management Ltd acting as Portfolio Manager. The Investment Strategy is a systematic trend-following strategy based on the Winton Diversified Program as adapted to comply with the UCITS regulation. The underlying investment philosophy is based on observation that markets tend to trend over the short, medium and long-term as result of “herding” behaviour by market participants. The Investment Strategy is a computer-based trading system owned and operated by Winton which is designed to provide a speculative trading of global exchange-traded futures, forwards and options markets on commodities (e.g. energies, base and precious metals and crops), equity indices, bonds, short-term interest rates and currencies.
Latest Meeting Note
Meeting 29 Nov 2019
The research team met with Winton at a cap-intro conference. The DB IV Systematic Alpha fund offers UCITS investors access to the Winton’s flagship diversified macro strategy (offshore). The strategy trades a range of technical and funda... Read more
The research team met with Winton at a cap-intro conference. The DB IV Systematic Alpha fund offers UCITS investors access to the Winton’s flagship diversified macro strategy (offshore). The strategy trades a range of technical and fundamental signals backed by Winton’s R&D. The technical macro component uses data intrinsic to markets such as prices and trading volumes to take directional positions (over a span of time frames) across multiple asset classes. The fundamental macro component is powered by data extrinsic to markets such as yield curves, seasonal patterns and macroeconomic relationships (e.g. commodity fundamentals). The portfolio is typically very diversified trading about 120 markets inc. commodities (through certificates). Importantly, the strategy has evolved over time towards a more balanced multi-strategy approach with the trend following engine today representing about 50% of risk.
Performance
| JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC | YTD | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | 0.9 | 0.8 | 0.5 | 0.7 | 0.5 | 0.8 | 0.7 | 0.9 | 0.2 | 0.2 | 0.2 | 1.0 | 0.6 | |
| 2021 | 0.8 | 0.6 | 0.9 | 1.0 | 0.2 | 0.3 | 0.3 | 0.7 | 0.2 | 0.1 | 0.5 | 0.5 | 1.0 |
