Investment Objective
The HC Vigama Alpha Fund is a European equity long/short UCITS pursuing an absolute-return objective with low correlation to equity markets. The strategy is discretionary and macro-guided, combining top-down regime analysis with bottom-up fundamental stock selection. The portfolio focuses on liquid mid- and large-cap equities, with net exposure typically maintained between -20% and +20%. Returns are driven by idiosyncratic, stock-specific opportunities rather than market direction, with an emphasis on capital preservation, controlled volatility, and convex return profiles through selective use of options.
Performance
| JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC | YTD | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 0.1 | 1.0 | 0.1 | 0.1 | 0.6 | 0.9 | 0.8 | 0.5 | 0.4 | 0.8 | 0.7 | 0.6 | 0.5 | |
| 2024 | 0.0 | 0.0 | 0.5 | 0.4 | 0.3 | 0.3 | 0.6 | 0.4 | 0.3 | 0.8 | 0.1 | 0.5 | 0.6 |
