BlueBalance Global Opportunities Fund

The BlueBalance Global Opportunities Fund employs a discretionary relative value macro strategy, aiming to capitalise on medium- to long-term market dislocations, focusing on diversification across asset classes, instruments, and time horizons. The strategy consists of four key components: Relative Value, Macro and Volatility trading alongside a hedging overlay. Across the first three, it aims to generate returns by trading structural dislocations, macro inefficiencies, and behavioural biases. The investment process and philosophy are guided by two main principles. The first is "No Forecasting" emphasising the challenges of predicting market movements. Instead, the fund interprets information from market parameters, targeting opportunities arising from overshooting expectations, flow imbalances, biases, and excessive trading. This approach aims to exploit abnormal term structures and generate positive income without predicting market directions. The second principle, "Diversification" allows for an unconstrained approach to markets and instruments, spreading risk across 60-90 trade ideas with low correlations. It optimally isolates opportunities and enhances the investment universe by breaking down asset classes into underlying sources of returns, ultimately aiming to achieve a strong risk/return profile. Position sizing follows strict risk guidelines to prevent overexposure to any single asset or market, avoiding concentration risks while risk management is a structured, multi-step process that assesses VaR, sets sensitivity limits, conducts stress-testing, and performs scenario analysis.