Investment Objective
The Persephone Cointegration Alpha Fund follows a pure alpha strategy. At least 51 percent of the fund's assets are invested long in stocks of European issuers, and their selection and weighting are done quantitatively and forecast-free while using the mathematical concept of cointegration. The market return risk is hedged using exchange-traded derivatives on the short-side. The alpha strategy is proprietary, innovative and combines systematic, quantitative and market neutral investment management.
Reference Index
N/A
Performance
| JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC | YTD | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | 0.4 | 0.9 | 0.5 | 0.1 | 0.5 | 0.4 | 0.2 | 0.9 | 0.6 | 0.8 | 0.1 | 0.8 | 0.3 | |
| 2021 | 0.2 | 0.0 | 0.9 | 0.7 | 0.4 | 0.6 | 0.0 | 0.8 | 0.7 | 0.9 | 0.1 | 0.9 | 0.8 |
