North America Pairs Relative looks for Investment Opportunities within the main North American Equity Financial Markets with strategies looking for relative value such as “pair trading” ones. The Long and short operations, mainly on “single stocks” and residually on the main Indexes. The overall long-term goal is to obtain returns superior to the North American Equity Market (represented by S&P500 Index) following a rigorous “stock picking” process.
ZEST PIU33 NEUTRAL VALUE
In an historical moment characterized by absolute uncertainty, Zest PIU33 comes out as a neutral product born to help fund managers in investments’ instruments diversification, allowing fund managers to fully control and decide the degree of intensity needed.
The sub-fund's net assets will be allocated prevalently in bonds, up to 80% and the remaining part in Options on Futures and on OTC.
The strategy provides access to instruments such as Government Bonds, Equities and Currencies through long and short Futures exposure and also to investment grade, short duration corporate bonds. Such strategies are focused on multiple timeframes and asset classes via a blend of beta-driven (key drivers of long-term performance) and alpha-driven investment strategies covering a wide spectrum of proven methodologies, aiming at enhancing robustness of returns. The program actively trades in excess of 40 individual futures contracts. Risk management is bottom up at single position level and top down at portfolio level (highly disciplined stop-loss, max concentration thresholds, volatility control and min marginal return requirements per incremental unit of risk). The Yield Enhancement portion (investment grade, short duration, corporate bonds), managed on a purely discretionary basis, is implemented to ensure a high-degree of diversification, with limited duration and credit risk.