Zen Capital Management Outperforms Again, Up 4.92% over 3 Months

Zen Capital Management Outperforms Again, Up 4.92% over 3 Months

A unique Global Macro Hedge Fund designed to deliver attractive returns, excellent liquidity, and low correlation with the major asset classes.

Sydney, Australia – The Zen Capital Management Global Fund SP rose 0.72% (gross) for the month of May, outperforming the HFRI Fund Weighted Composite Index which rose 0.54%. Over the last 3 months the fund has delivered a solid 4.92%, significantly outperforming the HFRI Fund Weighted Composite Index which has risen 2.10% over the same period.

Managing Director Gregory Carroll said “In keeping with our goal of delivering attractive returns with a focus on risk, our 3-month performance has been achieved with a daily volatility which is 36% lower than the volatility of the S&P500 over the same period”.

Zen’s performance for the month is extremely impressive compared the performance of some of the biggest names in the industry. The $14B Man AHL fund lost almost 9% for the month; Aspect Capital lost 6.35% on its $6B whilst heavyweight Winton recorded a 2% loss on its $25B in assets.

Mr Carroll said “Several major markets recorded extreme moves over the month. These include a 7.3% single-day fall in the Nikkei 225; a 7.9% fall in US Long Bond Prices; and an 8% fall in the AUDUSD. These moves created challenges for all managers, so we are extremely pleased to have outperformed again”.

About Zen Capital Management

Zen Capital Management was formed in 2012 with the sole purpose of providing Investment Advisory services to the Zen Capital Management Global Fund SP. The company employs a proprietary investment process which is driven by a rigorous quantitative model, macro-economics, and a decade of experience in financial markets.

Zen’s strategy is highly scalable since it only trades highly liquid, exchange-traded securities consisting predominantly of index and commodity futures, exchange traded funds and stocks. The fund also trades highly liquid currency pairs in the global interbank market.

The fund is Cayman-domiciled and is currently available to wholesale investors who are non-US taxpayers. The fund is administered by Apex Fund Services and all trading is through Interactive Brokers LLC. The fund commenced trading on 1 October 2012.

By |Juni 11th, 2013|