Investment Objective
Kingswood Defensive Alpha (“KDA”) is a UCITS fund of funds, investing in liquid alternative UCITS funds with the goal of providing access to best of breed hedge fund UCITS managers and a return stream that is defensive and uncorrelated to equity and fixed income positions for investors. The fund’s objective is to produce an absolute return target of cash +4-5% after fees with a minimisation of capital drawdown.
Performance
| JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC | YTD | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 0.0 | 0.6 | 0.7 | 0.0 | 0.5 | 0.5 | 0.6 | 0.1 | 0.7 | 0.2 | 0.7 | 1.0 | 0.3 | |
| 2019 | 0.8 | 0.4 | 0.2 | 0.2 | 0.9 | 0.1 | 0.8 | 0.9 | 0.3 | 0.8 | 0.1 | 0.7 | 0.3 |
