PG Redshift Factsheet v3
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www.prosperityglobal.ch | [email protected] | +41 (0) 51 553 55333 P R O S P E R I T Y G L O B A L ASSET MANAGEMENT HALF-YEARLY REPORT AS AT JUNE 30, 2016 INSTITUTIONAL CLASS INVESTMENT STRATEGY FACTSHEET: REDSHIFT MJ-1 TRAILING RETURNS REDSHIFT MSCI WORLD INDEX MSCI EUROPE INDEX BARCLAY HEDGE FUND INDEX BARCLAY CURRENCY TRADERS INDEX 30 days 0.00% -1.07% -4.68% 0.07% -1.22% 3 months 1.26% 1.21% -4.22% 1.75% - 6 months (YTD) 7.68% 1.02% -7.27% 0.77% 2.35% 1 year 97.19% -2.19% -13.85% -2.44% - Total 125.59% - - - - Start date March 2015 - - - - Source: barclayhedge.com, msci.com INVESTMENT OBJECTIVE Redshift is our flagship global macroeconomic strategy. Its objective is to capitalise on the market reaction to economic data releases and exploit temporary inefficient pricing, typically observed during surprise announcements. Key characteristics: Low market exposure due to small holding periods; STRATEGY NAME CATEGORY MARKETS LEGAL STRUCTURE Redshift MJ-1 Alt/Foreign Exchange Currency spot/cash Separately managed account RISK MEASURES Total return 125.59% Maximum drawdown 1.96% Absolute drawdown 0.0 Sharpe ratio 0.4 % of positive months 100% Best month Sept 2015 (37%) Expectancy (per trade) 64.3 pips AHPR 0.87% Z-score (probability) -3.36 (99%) Total no of trades 96 Winning percentage 82.29% Profit factor 20.64 Net pips won 6171 Return / drawdown ratio 64.07 3/13/15 4/29/15 5/1 3/1 5 7/3 0/1 5 8/1 9/1 5 9/9/15 10/2/15 11/4/15 1/1 1/1 6 2/1 1/1 6 4/14/16 100,000 140,000 180,000 220,000 260,000 300,000 PERFORMANCE BALANCE DATE EQUITY VALUE (AU$'000) 31% 40% 21% 8% CURRENCY PAIR POSITIONS Majors Crosses Exotics Other
Transcript of PG Redshift Factsheet v3
www.prosperityglobal.ch | [email protected] | +41 (0) 51 553 55333
P R O S P E R I T Y G L O B A LASSET MANAGEMENT
HALF-YEARLY REPORT AS AT JUNE 30, 2016
INSTITUTIONAL CLASS INVESTMENT STRATEGYFACTSHEET: REDSHIFT MJ-1
TRAILING RETURNS REDSHIFT MSCI WORLD INDEX
MSCI EUROPE INDEX
BARCLAY HEDGE FUND
INDEX
BARCLAY CURRENCY TRADERS INDEX
30 days 0.00% -1.07% -4.68% 0.07% -1.22%3 months 1.26% 1.21% -4.22% 1.75% -6 months (YTD) 7.68% 1.02% -7.27% 0.77% 2.35%1 year 97.19% -2.19% -13.85% -2.44% -Total 125.59% - - - -Start date March 2015 - - - -
Source: barclayhedge.com, msci.com
31%
40%
21%
8%
CURRENCY PAIR POSITIONS
MajorsCrossesExoticsOther
INVESTMENT OBJECTIVE
Redshift is our flagship global macroeconomic strategy. Its objective is to capitalise on the market reaction to economic data releases and exploit temporary inefficient pricing, typically observed during surprise announcements.
Key characteristics: Low market exposure due to
small holding periods; Low correlation with equity and
bond markets; Strong performance during
periods of high volatility.
13.3.15 13.6.15 13.9.15 13.12.15 13.3.16100,000
140,000
180,000
220,000
260,000
300,000PERFORMANCE
BALANCE DATE
EQUITY VALUE (AU$'000)
STRATEGY NAME CATEGORY MARKETS LEGAL STRUCTURE
Redshift MJ-1Alt/Foreign Exchange Currency spot/cash Separately managed account
RISK MEASURESTotal return 125.59%Maximum drawdown 1.96%Absolute drawdown 0.0Sharpe ratio 0.4% of positive months 100%Best month Sept 2015 (37%)Expectancy (per trade) 64.3 pipsAHPR 0.87%Z-score (probability) -3.36 (99%)Total no of trades 96Winning percentage 82.29%Profit factor 20.64Net pips won 6171Return / drawdown ratio 64.07
www.prosperityglobal.ch | [email protected] | +41 (0) 51 553 55333
P R O S P E R I T Y G L O B A LASSET MANAGEMENT
HALF-YEARLY REPORT AS AT JUNE 30, 2016
Note: Above details are correct at the time of print and are subject to change.
CONTACT DETAILS
Prosperity Global LLC(Headquarters)Leutchenbachstrasse 718050 ZurichSwitzerland
Email: [email protected]: +41 (0) 51 553 55333
MANAGER’S COMMENTARY
Historical Performance
We witnessed an impressive close to 2015 with realised profits far exceeding target returns. Moving into 2016, our focus was to ensure we did not give up any of this ground back to the market. In H1 2016, we observed difficult trading conditions due to the approaching Brexit decision deadline. Brexit drew market attention away from macroeconomic data releases and also left many speculators on the side-lines throughout June, both of which significantly impacted volatility and liquidity during these key trading timeframes. Despite this, the strategy still managed to comfortably exceed benchmark indices in H1.
Outlook for H2 2016
H2 2016 looks promising. We anticipate a slow start as we wait for key events to unfold, namely the UK’s leadership and economic progress, as well as further details regarding its future relationship between with the EU. Many of the passive speculators throughout the Brexit build-up are expected to actively return to the markets and re-focus on key macroeconomic data releases, thus improving liquidity. Ultimately, this will increase the number of viable trading opportunities.
RISK DISCLOSURES AND DISCLAIMERS
PAST PERFORMANCE INFORMATION PRESENTED HEREIN IS NOT INDICATIVE OR A GUARANTEE OF FUTURE RESULTS.
Additionally, there is the possibility for loss when investing in any PG strategy. The performance information presented herein does not reflect the deduction of asset management fees and expenses that an investor would pay to PG. Investment in these types of strategies is subject to those market risks common to entities investing in all types of securities, including market volatility. Also, certain trading techniques employed by and described in this presentation, such as leverage, may increase the adverse impact to which investors’ capital may be subject. Investing in asset management companies may also involve tax consequences and a prospective investor should consult with a tax advisor before investing.
The information contained in this presentation may not be distributed, copied, loaned or distributed to any other person, in whole or in part, without the express written permission of PG.
THIS MATERIAL DOES NOT CONTAIN ALL OF THE INFORMATION THAT IS MATERIAL TO A PROSPECTIVE INVESTOR IN ANY PG STRATEGY. AN INVESTOR CONSIDERING INVESTING IN A PG STRATEGY SHOULD CAREFULLY CONSIDER ALL OF THE TERMS GOVERNING AN INVESTMENT THEREIN INCLUDING INVESTMENT OBJECTIVES, RISKS, CHARGES AND EXPENSES, WHICH ARE CONTAINED IN THE ON-BOARDING PACK.
THIS PRESENTATION DOES NOT CONSTITUTE AN OFFER OR SOLICITATION BY ANYONE IN ANY JURISDICTION IN WHICH SUCH OFFER OR
MANAGER PROFILEManager Prosperity Global LLCManager Location Zurich, SwitzerlandCustodian RBS plc or NatWestCurrency GBP, USD, CHF or EURAnnual management fee 0%Performance fee (HWM) 50%Regular Savers Plan EligibleRegular Distribution Plan EligibleExit penalty NilOnboarding fee 499 GBPTarget annual returns 12 month EURIBOR + 3%
