Investment Objective
US Equity Flex is a highly liquid UCITS-compliant fund that follows a systemantic, non-predictive investment stratgey focused on expoiting the volatility risk premium. The fund seeks to outperform the S&P 500 Total Return Net Index by capturing the volatiity risk premium with a steady and robust return profile. The outperformance is pursued by the investment management with an ideally low ex-post tracking error to the benchmark. The fund replicates the S&P 500 Total Return Net Index in the basis/Collateral portfolio and concurrently employs a so-called "bull put spread" in combination with an innovative hedging framewowrk to achieve an attractive risk-return profile for its investors. All options are exchange traded and highly liquid.
Reference Index
S&P 500
Performance
| JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC | YTD | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 0.2 | 0.7 | 0.1 | 0.8 | 1.0 | 1.0 | 0.2 | 0.6 | 0.8 | 0.3 | 0.9 | 1.0 | 0.3 | |
| 2022 | 1.0 | 0.2 | 0.6 | 0.5 | 0.7 | 0.9 | 0.2 | 0.9 | 0.9 | 0.4 | 0.9 | 0.0 | 0.7 |
