Investcorp-Tages Eckhardt Systematic Trading UCITS Fund

Overview

Launched in October 2020, the UCITS Fund aims to address investor challenges in today’s uncertain market environment by trading volatility signals across major markets to generate alpha. The strategy differs from traditional CTA programs in that it uses the rate of change of volatility as a key measure to capture trends. It employs models that target alpha before break-out moves become discernible, thus providing what the manager believes to be a level of portfolio protection during periods of extreme volatility and exhibiting strong “all-weather” characteristics.

The UCITS program employs strategies across four system groups:

  • Short-term volatility trend captures price changes across short-term time frames in periods of changing volatility
  • Pattern recognition uses proprietary algorithms to seek contrarian profit opportunities during periods of consolidating or reversing markets
  • Risk-off alpha systems aim to capture alpha in equity and commodity markets in periods of volatility spikes
  • Sentiment alpha systems analyse market positioning/sentiment data to identify both contrarian and early trend opportunities

Eckhardt Trading Company has over 40 years experience of pioneering research from Bill Eckhardt and his team, applying evolutionary computing and risk-based utility theory with in-depth volatility analysis.

Capabilities

Documents

Factsheets
KIIDS
Fund Prospectuses
Financial Statements
Instrument of Incorporation

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Contact

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The Tages Capital element of this website (“website” or “site”) is issued by Tages Capital LLP (“Tages Capital”) which is authorised and regulated by the UK Financial Conduct Authority (Register number 563369). Tages Capital is incorporated in England and Wales under registered number OC364873 with registered office 39 St James’s Street, London, SW1A 1JD.

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Solicitation

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Investment risk

There are significant risks associated with investments in collective investment schemes and other financial instruments. Investment in such schemes is intended for sophisticated investors who can accept the risks associated with such an investment, including a substantial or complete loss of their investment. Schemes may be permitted to and use gearing as an investment strategy. The effect of such gearing is that movements in the price of the schemes will be more volatile than the movements in the prices of their underlying investments.
Past performance is not a guide to future performance and your entire investment is at risk of loss. The value of investments and any income derived from them can go down as well as up and the value of an investor’s investment may be extremely volatile and be subject to sudden and substantial falls. The prices of commodities contracts and all derivatives instruments, including futures and options, are highly volatile. Certain investment positions may be illiquid. The funds may invest in securities of financially troubled companies, illiquid over-the-counter securities and non-publicly traded securities.

Investment in a fund with exposure to emerging markets involves risk factors and special considerations which may not be typically associated with investing in more developed markets. Political or economic change and instability may be more likely to occur and have a greater effect on the economies and markets of emerging countries. Adverse government policies, taxation, restrictions on foreign investment and on currency convertibility and repatriation, currency fluctuations and other developments in the laws and regulations of emerging countries in which investment may be made, including expropriation, nationalisation or other confiscation could result in loss to the fund.

Income from investments may fluctuate. Changes in rates of exchange may have an adverse effect on the value, price or income of investments. You should be aware that investments in higher yielding bonds issued by borrowers with lower credit ratings may result in a greater risk of default and have a negative impact on income and capital value. Income payments may constitute a return of capital in whole or in part. Income may be achieved by foregoing future capital growth. Fund charges may be applied in whole or part of capital, which may result in capital erosion.

The foregoing list of risk factors is not complete, and reference should be made to the funds’ constitutional documents, KIIDs and application forms.

Please note, the investment products mentioned on the UCITS Funds page of the website are directed only at those who are Eligible Counterparties and Professional Clients as defined by the Financial Services and Markets Act 2000 of the United Kingdom.

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