Investment Objective
To achieve a positive return in any type of market condition. The sub-fund’s performance comes mainly from investment allocation between various strategies applied on currencies and debt instruments (bonds and money market instruments) of issuers around the world. The investment team uses a wide range of strategic and tactical positions, including arbitrage among volatility, credit, interest rate and currency markets, in assembling a highly diversified portfolio. The sub-fund aims to maintain an ex-post volatility of returns between 1% and 2%, and risk allocation is monitored via a weekly ex-ante volatility of returns that is between 0 and 0.25%.
Reference Index
EONIA
Performance
| JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC | YTD | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 0.5 | 0.5 | 0.2 | 0.6 | 0.8 | 0.3 | 0.8 | 0.4 | 0.6 | 0.3 | 0.4 | 0.9 | 0.4 | |
| 2022 | 0.3 | 0.5 | 0.6 | 0.6 | 0.4 | 0.3 | 0.8 | 0.6 | 0.7 | 0.3 | 0.4 | 0.3 | 0.3 |
