Alma Platinum Quantica Managed Futures Focus

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Overview

Share Class

NAV

Cumulative Performance (%)

Fund Inception

Daily Monthly Ytd 1Yr 3Yr 5Yr Incept. Incept.Date

The performance data shown represents past performance. Past performance is not a guarantee of future results. Current performance may be lower or higher than the performance quoted. The investment return and the principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost.


Strategy & Manager

Funds Strategy

Alma Platinum Quantica Managed Futures Focus is an open-ended UCITS compliant fund with Quantica Capital AG acting as Investment Manager. The Investment Strategy intends to gain exposure to global exchange-traded futures markets on equity indices, bonds, interest rates and currencies, all in accordance with Quantica’s proprietary systematic investment strategy. It aims to detect and take advantage of medium-term trend-following market inefficiencies in the financial futures markets (excluding commodity markets). It has low long-term correlation to traditional asset classes and offers diversification to both traditional and non-traditional investment portfolios. The Fund is highly style-consistent and follows a robust approach.


Investment Manager

Founded in 2003 by Dr. Bruno Gmür, Quantica Capital AG is a Swiss alternative asset manager specialized in systematic investment strategies.

The Quantica Managed Futures Program (QMF) is managed according to proprietary systematic and quantitative models with a focus on sophisticated data analysis, portfolio construction, execution and risk management techniques.

Quantica’s investment philosophy centers on the conviction that quality risk-adjusted returns can be systematically exploited from liquid markets.

Quantica’s objective is to deliver intelligent portfolio diversification.

Key Persons

Dr Bruno Gmür, Chief Investment Officer

Dr Bruno Gmür is the founder and Chief Investment Officer of Quantica Capital. Previously, he held positions at Swiss Re in financial reinsurance structuring and at Bank Julius Baer, where he was head of the quantitative team in the chief investment office and a voting member of the bank’s strategic asset allocation committee. Before that, he was teaching graduate courses in game theory and financial economics at the University of Zurich.
Bruno holds a Ph.D. in financial economics from the University of Zurich (Dr. oec. publ., “summa cum laude”) and a master degree in mathematics from the Swiss Federal Institute of Technology (ETH Zurich). He is a qualified actuary and full member of the Swiss Association of Actuaries.


Statistics & Commentary

Performance

The performance data shown represents past performance. Past performance is not a guarantee of future results. Current performance may be lower or higher than the performance data quoted. The investment return and the principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost.

Investment Manager's Commentary

as of

Market Review and Outlook

In November 2019, the Quantica Managed Futures Focus Program (I1C-U) returned 2.13%, bringing the YTD performance to 34.83%.
US equity markets hit all-time highs as constructive developments around “Phase One” of the US-China trade agreement shaped headlines. European and Asian indices progressed at a slower pace as local PMI survey results and earning reports both disappointed. The QMF Program benefited from its increased long positioning in equities with the Dow being the single largest positive contributor; In reaction to optimistic signals on the trade war front, government bond yields increased across developed markets. The risk-on sentiment was further enticed by stronger economic data from the US and comments from Fed Chairman Powell that “sustained expansion of economic activity is likely”. Our long positioning across all Fixed Income and Rate instruments made this asset class the biggest detractor for the month.
FX performance was positive as the programs long USD positioning benefited from the depreciating EUR, AUD and JPY. As an asset class, FX was the second best performer in the portfolio. The program has significantly increased its exposure to equities while reducing its positions in fixed income instruments. The portfolio has increased its long exposure to the US dollar.


Facts & Documents

Facts

Fund Domicile: Luxembourg

Management Fee: 1.04% p.a. for I shares

Fund Type: UCITS SICAV

Base Currency: USD

Depositary, Administrator, Transfert Agent: RBC Investor Services Bank S.A.

Dealing: Each day with a 1-day notice

Cut-off time: 3 pm CET

Management Company: Alma Capital Investment Management

Investment Manager: Quantica Capital AG

Countries where the fund is registered:
France, Germany, Ireland, Luxembourg, Switzerland, UK

Identifiers:

I1C-U
ISIN: LU1825540146   Ticker: DBQI1CU LX    Launch: 3 Jul 2018

I2C-U
ISIN: LU1825540575   Ticker: DBQI2CU LX    Launch: 12 Jul 2018

I3C-C
ISIN: LU1825540492   Ticker: DBQI3CC LX    Launch: 20 Jul 2018

I4C-U
ISIN: LU1857216391   Ticker: DBQI4CU LX    Launch: 7 Sep 2018

Documents

KIIDS Other sub-funds and other languages
available upon request