EVOLUTION MULTI-STRATEGY FUTURES PROGRAM
“It’s not the strongest of species that thrives, nor the most intelligent. It is the one that is most adaptable to change.”
Emerging CTA
(12-36 months)
EVOLUTION MULTI-STRATEGY FUTURES PROGRAM
MANDATE HIGHLIGHTS
Program Access: Available through Managed Account or the ReSolve Evolution Fund.
Program Objective: To generate consistent capital appreciation by employing a diversified ensemble of systematic alpha strategies at a level of risk similar to long-term global equities (~20% annualized volatility).
Investment Universe: Primarily Futures Contracts
Style: 100% Systematic.
Strategy Description
Markets are marginally inefficient in many small ways that can be profitably hunted, validated, and exploited through novel quantitative methods. These inefficiencies primarily arise from investors expressing non-wealth maximizing investment preferences; regulatory constraints and frictions; agency effects; institutional rigidity; commercial hedging; and the inertia of traditional investment heuristics.
The Evolution Program takes the other side of these wealth compromising trades by deploying a diversified ensemble of long/short systematic strategies derived from advanced statistical methods and machine learning tools.
Monthly Performance Returns since inception2
Performance Statistics
since implementation of Bespoke Factors, October 1, 2020³
PAST PERFORMANCE IS NOT A GUARANTEE OF FUTURE RESULTS. THE RISK OF LOSS IN TRADING COMMODITY INTERESTS IS SUBSTANTIAL. Indicated returns of one year or more are annualized.
Bespoke Factors
- ReSolve’s mission is to remain at the edge of alpha generation via constant research and innovation.
- After 2 years of deep research within the field of information sciences and a re-imagining of the experimental design, on October 1, 2020 ReSolve deployed what we considered to be a leap forward in signal generation.
- While the program objective remained the same, the alpha generation engine has a much improved expectation of success than the prior signal generation engine.
Evolution of ReSolve Research
Risk Allocation 4
Sector Performance
Top 5 Long Positions (Risk Weighted) 5
Top 5 Short Positions (Risk Weighted) 5
Top 5 Markets (Performance)
Bottom 5 Markets (Performance)
PAST PERFORMANCE IS NOT A GUARANTEE OF FUTURE RESULTS.
1 Program assets include all monies invested in the ReSolve Evolution Program.
2 Returns are calculated from the gross returns of the ReSolve Evolution Futures Program Composite net of 2% management fee and 20% incentive fee as well as all trading and administrative expenses assuming an investor began investing on October 19, 2017. Fees are calculated for a representative investor since inception.
3 Returns are calculated from the gross returns of the ReSolve Evolution Futures Program Composite net of 2% management fee and 20% incentive fee as well as all trading and administrative expenses assuming an investor began investing on October 1, 2020, the date Bespoke factors were implemented. Fees are calculated for a representative investor since October 1, 2020.
4 Risk allocations are calculated by multiplying the percentage weights in each market by the daily standard deviation of respective markets over the past 20 days, and standardizing the results.
5 Top long and short risk weighted positions are as of month end.
Fund Facts
Confidential and proprietary information.
The contents hereof may not be reproduced or disseminated without the express written permission of 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 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.
This presentation is intended exclusively for Qualified Eligible Persons and Qualified Purchasers only and is being delivered to prospective investors on a confidential basis. These materials do not purport to be exhaustive or to contain all the information that a prospective investor may desire in investigating any investment opportunity.
These materials are for preliminary discussion only and may not be relied upon for making any investment decision. Rather, prospective investors should review the funds’ Offering Memorandums (the “OMs”) and rely on their own independent investigation of the funds or the accounts. In the event that any of the terms of this presentation are inconsistent with or contrary to the OMs or account opening documents, the OMs and account opening documents shall prevail.
Any fund units will be issued under exemptions from the prospectus requirements of applicable securities laws and will be subject to certain resale restrictions. Neither Securities and Exchange Commission nor the National Futures Association 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.
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.