Investment Objective
The Athena UI fund combines short-dated, euro-denominated investment grade bonds with a passive S&P 500 investment and a long-established option strategy on the S&P 500 index that utilises market volatility to generate returns. With the capital-efficient implementation of this additional source of return “market volatility”, the option strategy can reduce or even overcompensate negative results of the underlying portfolio (ca. 80% bonds / 20% equities) during challenging markets.
Performance
| JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC | YTD | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.4 | 1.0 | 0.6 | 0.9 | 0.2 | 0.5 | 0.8 | 0.7 | 0.8 | 0.2 | 0.6 | 0.4 | 0.1 | |
| 2023 | 0.1 | 0.3 | 0.8 | 0.7 | 0.9 | 0.1 | 0.3 | 0.8 | 0.3 | 0.6 | 0.4 | 1.0 | 0.3 |
