Investment Objective
To achieve a positive return in any type of market condition. The sub-fund seeks to outperform EONIA +3%. The investment team analyses market volatility patterns to determine the direction and extent of its volatility exposure: positive exposure when volatility is low and anticipated to rise, negative exposure when volatility is high and anticipated to decline. It also seeks to benefit from short term fluctuations of volatility (“volatility of the volatility”).
Reference Index
None
Performance
| JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC | YTD | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.8 | 0.4 | 0.3 | 0.9 | 0.8 | 0.6 | 0.4 | 0.6 | 0.8 | 0.6 | 0.7 | 0.7 | 0.1 | |
| 2023 | 0.6 | 0.3 | 0.3 | 0.1 | 0.5 | 0.3 | 0.8 | 0.2 | 0.6 | 0.2 | 0.1 | 0.7 | 0.4 |
