Investment Objective
The New Capital All Weather Fund aims to achieve capital appreciation through mainly investing in UCITS hedge funds with uncorrelated and relative value strategies rather than directional approaches. Compared with many UCITS multi-manager funds, the Fund does not have a high allocation to long/short equity strategies. Instead, they take a core/satellite approach. The core of the portfolio has a low turnover with 80-90% comprising uncorrelated and relative value strategies stable medium to long-term positions. The satellite positions are short-term, opportunistic strategies in the more dynamic and flexible part of the portfolio, which makes up the remaining 10-20%.
Performance
JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC | YTD | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2023 | 0.9 | 0.5 | 0.3 | 0.1 | 0.9 | 0.3 | 0.3 | 0.2 | 0.7 | 0.6 | 0.8 | 1.0 | 0.9 | |
2022 | 0.0 | 0.3 | 0.5 | 0.1 | 0.7 | 0.2 | 0.8 | 0.6 | 0.5 | 1.0 | 0.4 | 1.0 | 0.7 |