Strategy
Asymmetric return opportunities, unconstrained
The Sub-Fund is an actively managed, opportunistic investment strategy focused primarily on global listed equities and equity-related instruments.
Objective
Income and capital growth
The investment objective of the Sub-Fund is to generate income and achieve short-term and long-term capital growth. There is no guarantee that the investment objective will be achieved and investment results may vary substantially over time.
The Investment Manager employs a hybrid approach that integrates artificial intelligence-driven analytics, quantitative models and discretionary macroeconomic judgment to identify asymmetric return opportunities across markets. The strategy seeks to generate absolute returns over a full market cycle and is not constrained by any benchmark.
The strategy, research and quantitative models are provided by Argus Research FZ-LLC, a Ras Al Khaimah Economic Zone company. Argus Research FZ-LLC develops and maintains the analytical framework and investment intellectual property that the Investment Manager uses in the discretionary management of the Sub-Fund.
Investment policy
Where the Sub-Fund invests
The Sub-Fund may invest globally in a broad range of financial instruments. The permitted list is illustrative and not exhaustive: the Sub-Fund may invest in any other instrument, security or financial arrangement consistent with its objective, strategy and applicable law.
The Sub-Fund invests principally in equities, equity-related instruments and exchange-traded derivatives listed on Nasdaq. It will not invest in penny stocks or unlisted penny-stock equivalents, and will not engage in lending, factoring or forfaiting to other entities.
The Sub-Fund may hold concentrated positions where high-conviction opportunities are identified; at times exposure may be focused on a single issuer, sector, theme or geographic region.
Permitted instruments
- Listed equities across sectors and geographies
- Exchange-traded funds (ETFs) and exchange-traded notes (ETNs)
- Convertible securities and warrants
- Structured products
- Fixed income securities
- Cash and money market instruments
- Options, futures, forwards and swaps
Leverage
Limited, opportunistic and measured
Sources
Leverage is sourced primarily through broker margin facilities for listed equity positions and through derivatives, principally listed options, for defined-risk directional trades and hedging.
Measurement
The Investment Manager calculates leverage using both the commitment method and the gross method. The maximum level of leverage employed at any point in time is made available to investors on request.
Risk control
Disciplined position sizing, exposure limits, liquidity monitoring and active drawdown control. Net and gross exposure may be materially reduced during periods of heightened volatility or systemic risk.
Important
Risk warning
Losses may arise from excessive concentration in similar investments or from general economic events. Policies may develop over time and change materially. There can be no assurance that any investment strategy implemented by the Sub-Fund will be successful, and past performance is not necessarily indicative of future results. A full description of the risk factors is set out in the Legal and Disclosures section.