PG Redshift Factsheet v3
- 1. P R O S P E R I T Y G L O B A L ASSET MANAGEMENT HALF-YEARLY REPORT AS AT JUNE 30, 2016 www.prosperityglobal.ch | info@prosperityglobal.ch | +41 (0) 51 553 55333 INSTITUTIONAL CLASS INVESTMENT STRATEGY FACTSHEET: REDSHIFT MJ-1 STRATEGY NAME CATEGORY MARKETS LEGAL STRUCTURE Redshift MJ-1 Alt/Foreign Exchange Currency spot/cash Separately managed account TRAILING RETURNS REDSHIFT MSCI WORLD INDEX MSCI EUROPE INDEX BARCLAY HEDGE FUND INDEX BARCLAY CURRENCY TRADERS INDEX 30 days 0.00% -1.07% -4.68% 0.07% -1.22% 3 months 1.26% 1.21% -4.22% 1.75% - 6 months (YTD) 7.68% 1.02% -7.27% 0.77% 2.35% 1 year 97.19% -2.19% -13.85% -2.44% - Total 125.59% - - - - Start date March 2015 - - - - RISK MEASURES Total return 125.59% Maximum drawdown 1.96% Absolutedrawdown 0.0 Sharperatio 0.4 % of positivemonths 100% Best month Sept 2015 (37%) Expectancy (per trade) 64.3 pips AHPR 0.87% Z-score(probability) -3.36 (99%) Total no of trades 96 Winning percentage 82.29% Profit factor 20.64 Net pipswon 6171 Return / drawdown ratio 64.07 INVESTMENT OBJECTIVE Redshift is our flagship global macroeconomic strategy. Itsobjectiveis to capitaliseon the market reaction to economic data releases and exploit temporary inefficient pricing, typically observed during surpriseannouncements. Key characteristics: Low market exposureduetosmallholding periods; Low correlation with equity and bond markets; Strong performance during periods of high volatility. SADFGFDG DSFGDFGDB Source: barclayhedge.com, msci.com 100 140 180 220 260 300 13.3.15 13.6.15 13.9.15 13.12.15 13.3.16 EQUITY VALUE (AU$'000) DATE PERFORMANCE BALANCE
- 2. P R O S P E R I T Y G L O B A L ASSET MANAGEMENT HALF-YEARLY REPORT AS AT JUNE 30, 2016 www.prosperityglobal.ch | info@prosperityglobal.ch | +41 (0) 51 553 55333 MANAGER PROFILE Manager Prosperity Global LLC Manager Location Zurich, Switzerland Custodian RBS plc or NatWest Currency GBP, USD, CHF or EUR Annual management fee 0% Performancefee(HWM) 50% Regular SaversPlan Eligible Regular Distribution Plan Eligible Exit penalty Nil Onboarding fee 499 GBP Target annualreturns 12 month EURIBOR+ 3% 31% 40% 21% 8% CURRENCY PAIR POSITIONS Majors Crosses Exotics Other CONTACT DETAILS Prosperity Global LLC (Headquarters) Leutchenbachstrasse71 8050 Zurich Switzerland Email: info@prosperitygloba.ch Direct: +41 (0) 51 553 55333 MANAGER’S COMMENTARY Historical Performance Wewitnessed an impressivecloseto 2015 with realised profitsfar exceedingtarget returns. Moving into 2016, our focuswas to ensurewedid notgiveupany of thisgroundback tothemarket. InH1 2016, weobserved difficulttradingconditionsduetotheapproaching Brexit decision deadline. Brexitdrew market attention away from macroeconomic datareleases and also left many speculatorson theside-linesthroughout June, both ofwhichsignificantly impacted volatility and liquidity during these key trading timeframes. Despitethis, thestrategy still managed to comfortably exceed benchmark indicesin H1. Outlook for H22016 H2 2016 lookspromising. Weanticipateaslow start aswewait for key events to unfold, namely theUK’sleadership and economicprogress, aswell asfurther detailsregarding itsfuturerelationshipbetween withtheEU. Many of thepassivespeculatorsthroughout theBrexit build-up areexpected to actively return to themarketsand re-focuson key macroeconomicdatareleases, thusimproving liquidity. Ultimately, thiswill increasethenumberofviabletrading opportunities.
- 3. P R O S P E R I T Y G L O B A L ASSET MANAGEMENT HALF-YEARLY REPORT AS AT JUNE 30, 2016 www.prosperityglobal.ch | info@prosperityglobal.ch | +41 (0) 51 553 55333 RISK DISCLOSURES AND DISCLAIMERS PAST PERFORMANCE INFORMATION PRESENTED HEREIN ISNOT INDICATIVE OR A GUARANTEE OF FUTURE RESULTS. Additionally, thereisthe possibility for losswhen investingin any PGstrategy. Theperformanceinformation presented herein doesnot reflect thedeductionof asset management feesand expensesthat an investor would pay to PG. Investment in thesetypesof strategiesissubject to thosemarket riskscommon to entitiesinvesting in all typesof securities, including market volatility. Also, certain trading techniquesemployed by and described in thispresentation, such asleverage, may increase theadverseimpact to whichinvestors’capital may besubject. Investinginasset management companiesmay also involvetax consequencesand aprospectiveinvestor should consult with atax advisor beforeinvesting. Theinformation contained inthispresentationmay not bedistributed,copied, loanedordistributedtoany other person, in wholeorin part, without theexpresswritten permission of PG. THIS MATERIAL DOES NOT CONTAIN ALL OF THE INFORMATIONTHAT IS MATERIAL TO A PROSPECTIVE INVESTOR IN ANY PGSTRATEGY. AN INVESTOR CONSIDERING INVESTING IN A PG STRATEGY SHOULD CAREFULLY CONSIDER ALL OF THE TERMS GOVERNING AN INVESTMENT THEREIN INCLUDING INVESTMENT OBJECTIVES, RISKS, CHARGES ANDEXPENSES, WHICH ARE CONTAINEDIN THE ON-BOARDINGPACK. THIS PRESENTATION DOES NOT CONSTITUTE AN OFFEROR SOLICITATIONBY ANYONE IN ANYJURISDICTION INWHICH SUCH OFFER OR SOLICITATION IS NOT AUTHORISED, OR TO ANY PERSON WHOM IT IS UNLAWFUL TO MAKE SUCH OFFER OR SOLICITATION. Note: Above detailsare correct at the time ofprintand are subject to change.