Quantica Managed Futures Focus UCITS Fund
Overview
Share Class
NAV
Cumulative Performance (%)
Fund Inception 3 July 2018
| 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
Quantica Managed Futures Focus UCITS Fund 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 31/10/2022Fund
The Quantica Managed Futures Focus UCITS Fund returned +0.8% in April 2023, bringing its year-to-date net performance to -6.8%.
The month’s positive performance was driven by equities and currencies, which gained 0.4% and 0.2%, respectively. Meanwhile, fixed income & interest rates returned -0.1% in April.
From a positioning perspective, the most notable change in April was recorded in the Fund’s net notional equity exposure, which increased from +18% at the beginning to +60% at the end of the month. At the same time, the Fund’s net US Dollar exposure switched from a +16% long to a -13% short position over the period. After March’s substantial reduction, the Fund’s aggregate net short exposure to fixed income & rates futures was further reduced throughout the month from -17% to -8% (10-year duration equivalent).
At the beginning of May, approximately 50% of the fund’s overall risk is allocated to equity markets, 33% to fixed income & interest rate markets and the remainder is allocated to FX markets.
Facts & Documents
Facts
Fund Domicile: Luxembourg
Fund Type: UCITS SICAV
Fund Launch: 3 July 2018
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:
Luxembourg, Austria, Germany, France, UK, Italy, Switzerland, Ireland
Sustainability-related disclosures:
The information related to the integration of sustainability risks and to the potential adverse sustainability impacts at the sub-fund level can be found in the prospectus of the Fund.
Identifiers:
I1C-U
ISIN: LU1825540146
Ticker: DBQI1CU LX
Launch: 3 Jul 2018
I1C-E
ISIN: LU1825540062
Ticker: ALMFFIE LX
Launch: 8 Jun 2021
I1C-C
ISIN: LU1825540229
Ticker: DBMFICA LX
Launch: 1 Mar 2021
I2C-U
ISIN: LU1825540575
Ticker: DBQI2CU LX
Launch: 12 Jul 2018
I3C-C
ISIN: LU1825540492
Ticker: DBQI3CC LX
Launch: 20 Jul 2018
I4C-C
ISIN: LU1857216045
Ticker:
Launch: 1 Jun 2023
I4C-U
ISIN: LU1857216391
Ticker: DBQI4CU LX
Launch: 7 Sep 2018
I5C-C
ISIN: LU2379648533
Ticker: ALMFFIC LX
Launch: 28 Oct 2021
Documents
available upon request