ReSolve All Terrain Fund
Mandate Highlights
| GENERAL INFORMATION | |
|---|---|
| Strategy | Managed Futures |
| Region | Global |
| Program Assets | $63 Million CAD¹ |
Program Access
Available through Managed Account or the ReSolve All Terrain Fund for Canadian accredited investors only.
Fund Objective
The objective of the Fund is to generate high risk-adjusted returns by executing an ensemble of systematic sub-strategies across liquid futures contracts.
Investment Universe
Primarily Futures Contracts
Strategy Description
In an increasingly complex and unpredictable financial landscape, traditional investment strategies often struggle to deliver consistent returns across different market environments. All Terrain investing is designed to pursue more stable performance across diverse economic environments. This approach is particularly well-suited for investors seeking resilience, adaptability, and long-term growth potential.
Monthly Performance Returns since inception2
Performance Statistics since inception2
PAST PERFORMANCE IS NOT A GUARANTEE OF FUTURE RESULTS. THE RISK OF LOSS IN TRADING COMMODITY INTERESTS IS SUBSTANTIAL. Implementation of All Terrain strategy commenced October 1, 2025. Indicated returns of one year or more are annualized. These materials shall not constitute any offer or solicitation of an offer to make an investment in any of the funds or separately managed accounts ReSolve manages.
Risk Allocation 3
Sector Performance
Top 5 Long Positions (Risk Weighted) 4
Top 5 Short Positions (Risk Weighted) 4
Top 5 Markets (Performance)
Bottom 5 Markets (Performance)
PAST PERFORMANCE IS NOT A GUARANTEE OF FUTURE RESULTS.
1 Program assets are comprised of monies invested in the ReSolve All Terrain Program.
2 The returns calculated refer to the Class FX fund series and are net of 1% management fee and 10% incentive fee above the hurdle rate benchmark as well as all trading and administrative expenses.
3 Risk allocations are calculated by multiplying the percentage weights in each market as of month end by the daily standard deviation of respective markets over the past 20 days, and standardizing the results. ‘Strategic Equities’, ‘Strategic Bonds’, ‘Strategic Gold’ and ‘Strategic Bitcoin’ represent exposures in the Tactical Market Portfolio Stack. Please see glossary and disclaimers for definitions.
4 Top long and short risk weighted positions are as of month end.
The Core Philosophy of All Terrain Investing
All Terrain investing is based on the idea that no single asset class or investment strategy consistently outperforms across all market regimes. By recognizing that economic conditions are constantly shifting – characterized by fluctuations in growth and inflation – this approach aims to construct portfolios that are prepared for multiple scenarios.
Figure 2. Examples of Return Outcomes for Each Global Asset Class Across Regimes
Source: CSI Data, Bloomberg and PivotalPath. Analysis ReSolve Asset Management SEZC (Cayman). Equities is MSCI All Country World Index (“ACWI”), Bonds is iShares 20+ Year Treasury Bond ETF (TLT) extended by ICE U.S. Treasury 20+ Year Bond Index Total Return (ICET20X2), Gold is SPDR Gold Shares (GLD) extended by Gold Index (“XAUUSD”), Systematic Macro is the PivotalPath Global Macro: Quantitative Index (“GBMQNT”). You cannot invest in an index. Returns are gross of taxes. Past performance is not indicative of future results.
1. Global Perspective
By expanding beyond domestic markets, investors can tap into global opportunities, reducing concentration risk and increasing portfolio robustness.
2. Diversification Beyond Traditional Asset Classes
A well-constructed portfolio should include a broad range of assets, including equities, bonds, commodities, gold, and alternative investments.
3. Risk Balance
4. Thoughtful Portfolio Scaling
When diversification is maximized, portfolio volatility tends to reduce to such an extent that absolute returns often suffer. Scaling a well diversified portfolio pro-rata with the use of low cost leverage allows investors to move up to their preferred target risk while aiming for higher absolute returns.
Why All Terrain Investing Matters for Clients
Investors face an array of challenges, from inflationary pressures to geopolitical risks and market uncertainty. All Terrain investing provides a solution that is designed to navigate various market conditions while optimizing for risk-adjusted returns. By employing a diversified, balanced, and recession/inflation aware portfolio, investors may achieve:
- Greater consistency in performance across different economic environments
- Reduced exposure to extreme market drawdowns
- A well-balanced portfolio that tends to manage both inflationary and deflationary conditions well
All Terrain investing is not about predicting the future – it’s about preparing for it. By embracing a balanced, regime diverse approach, investors can build more resilient portfolios that stand the test of time. This strategy is designed to pursue sustainable, risk-efficient growth for long-term financial success.
Fund Facts
Fund Codes
Series FX
ACN FXP
Series AX
ACN AXP
Series F
ACN DFP
Series A
ACN DAP
Fund LEI
Management Fee
Series FX
1%
Series AX
2%
Series F
1%
Series A
2%
Performance Fee
Series FX
10%
Series AX
10%
Series F
15%
Series A
15%
Hurdle Rate Benchmark is Sum Of:
33.33% iShares MSCI ACWI ETF (ACWI)
33.33% iShares 20 + Year Treasury Bond ETF (TLT)
33.33% SPDR Gold Shares (GLD)
Min. Subscription
Fund
$10,000 CAD initial
$5,000 CAD subsequent
Managed Account
$7,000,000 CAD
Redemptions
Monthly
Redemption/Subscription Notice
5 Days
Portfolio Manager
ReSolve Asset Management Inc.
Administrator
Apex Fund Services (Canada) Ltd.
Investment Advisor All Terrain Program
ReSolve Asset Management SEZC (Cayman)
Legal
Fasken Martineau DuMoulin LLP
Auditors
KPMG
Confidential and proprietary information.
The contents hereof may not be reproduced or disseminated without the express written permission of ReSolve Asset Management Inc. (“ReSolve”). ReSolve is registered as an Investment Fund Manager in Ontario, Quebec and Newfoundland and Labrador, and as a Portfolio Manager and Exempt Market Dealer in Ontario, Alberta, British Columbia and Newfoundland and Labrador. ReSolve is also registered as a Commodity Trading Manager in Ontario and as a Portfolio Manager and Derivatives Portfolio Manager in Quebec. Additionally, ReSolve is a Registered Investment Adviser with the SEC. ReSolve is also registered with the Commodity Futures Trading Commission as a Commodity Trading Advisor. This registration is administered through the National Futures Association (“NFA”). Certain of ReSolve’s employees are registered with the NFA as Principals and/or Associated Persons of ReSolve if necessary or appropriate to perform their responsibilities. ReSolve has claimed an exemption under CFTC Rule 4.7 which exempts ReSolve from certain part 4 requirements with respect to offerings to qualified eligible persons in the U.S.
ReSolve Asset Management SEZC (Cayman) (“ReSolve Global”). ReSolve Global is registered with the Commodity Futures Trading Commission as a Commodity Trading Advisor and a Commodity Pool Operator. This registration is administered through the National Futures Association (“NFA”). Further, ReSolve Global is a registered person with the Cayman Islands Monetary Authority. ReSolve Global is the investment advisor for the All Terrain Program. ReSolve Global has claimed an exemption under CFTC Rule 4.7 which exempts ReSolve Global from certain part 4 requirements with respect to offerings to qualified eligible persons in the U.S.
PAST PERFORMANCE IS NOT A GUARANTEE OF FUTURE RESULTS
This presentation is being provided for informational purposes only and does not purport to describe all aspects of the business or affairs of the ReSolve All Terrain Fund. Anyone interested in investing in the ReSolve All Terrain Fund should only make that decision after carefully reviewing the confidential offering memorandum of the ReSolve All Terrain Fund, which will govern any such investment decision and will supersede any inconsistencies in this presentation. Neither the OSC, the SEC, the NFA or any other securities regulatory authority of any jurisdiction has passed upon the accuracy or adequacy of this presentation, and any representation to the contrary is unlawful.
Certain information contained in this material constitutes ‘forward-looking statements,’ which can be identified by the use of words such as ‘expects,’ ‘intends,’ ‘seeks,’ or other comparable terminology. Forward-looking statements are based on current assumptions, expectations and projections about future market conditions and events that are subject to a range of risks and uncertainties – many of which are beyond the control of ReSolve. Actual results, performance or achievements may differ materially from those expressed or implied in these statements. No person should place undue reliance on forward-looking statements and ReSolve undertakes no obligation to update or revise them to reflect subsequent events or circumstances.
This presentation does not constitute an offer to sell or a solicitation of interest to purchase any securities or investment advisory services in any jurisdiction in which such offer or solicitation is not authorized.
PivotalPath Disclosures
The PivotalPath index/indices used in this information is/are produced by the hedge fund research and investment consultancy firm, PivotalPath Inc. The information is representative of the overall composition of the hedge fund universe, as well as specific sub-strategies, including but not limited to the PivotalPath Hedge Fund Composite Index; the PivotalPath Credit Index (and associated sub-indices); the PivotalPath Equity Diversified Index (and associated sub-indices); the PivotalPath Equity Sector Index (and associated sub-indices); the PivotalPath Event Driven Index (and associated sub-indices); the PivotalPath Global Macro Index (and associated sub-indices); the PivotalPath Managed Futures Index; the PivotalPath Multi-Strategy Index; PivotalPath Equity Quant Index; and the PivotalPath Volatility Index. PivotalPath Indices are the proprietary product of PivotalPath Inc. They represent Hedge Fund Indices based on collected data from individual hedge funds and while PivotalPath considers the sources of such information and data to be reliable, such information and data has been verified but has not been audited by PivotalPath. No representation is made as to, and no responsibility or liability is accepted for, the accuracy or completeness of such information and data. PivotalPath Index constituents may be removed at any time and any PivotalPath index may be restated, adjusted, or corrected at any time without notice. PivotalPath data is being used under license from PivotalPath, Inc, which does not approve of or endorse any of the products or the contents discussed in these materials.
Glossary
Strategic Equities refers to a futures portfolio designed to track the MSCI All Cap World Index.
Strategic Bonds refers to an equally weighted portfolio of U.S. 2-Year, 5-Year, and 10-Year Treasury Note and 30-Year U.S. Bond futures.
Strategic Gold comprises Gold futures.
Strategic Bitcoin comprises Micro Bitcoin futures.