|Investment Advisor||Fulcrum Asset Management LLP|
|Portfolio Manager||Gavyn Davies, Andrew Stevens|
|Fund AUM (GBP)||£41m|
|Fund AUM as of||20 June 2018|
|Fund Inception||29 October 2010|
AH Commodities UCITS Index
Sub Index - Systematic Macro
The Fulcrum Commodity Fund is a UCITS III fund that seeks to achieve absolute Returns through systematic investment in liquid commodity instruments. The Fund targets an annual return of 15%-20% and a realised volatility of 12%-16%. Alpha is achieved through the utilisation of systematic strategies based on prices, volatility, backwardation / contango, inventory data, and mean reversion. The Fund invests in liquid swaps on 24 commodities and fully adheres to the UCITS III diversification rules. The Fund aims to capture secular trends in commodities and limit drawdowns during major commodity selloffs.