Zen Capital Management Delivers the World’s Highest Risk Adjusted Return for April?
Sydney, Australia – The Zen Capital Management Global Fund SP rose 2.67% (gross) for the month of April, significantly outperforming the HFRI Fund Weighted Composite Index which rose 0.69%. What is remarkable about this return is that was delivered with a daily volatility 60% lower than that of the S&P500 over the same period. The combination of strong returns and low volatility meant Zen achieved an extremely impressive Sharpe Ratio of 5.02 for the month. This performance is likely to be one of the highest, if not the highest, risk-adjusted return for any hedge fund in the world for the month of April.
Managing Director Gregory Carroll said “The fund was designed to deliver attractive returns with low volatility. We were very happy with our March performance but our performance in April has been even stronger despite April being a more challenging month for most managers”.
The Zen Capital Management Global Fund SP has been in “soft launch” for the last seven months. The newcomer to the market claims its processes are unique, having been derived from over a decade of research. The recent performance of the fund suggests Zen’s approach is working exceptionally well in an environment where others are struggling.
Carroll said “We are not actively marketing the fund at present, although the level of interest has surged over the last few months. Investors are seeking funds with attractive returns that also have a low correlation with their other investments (mostly equities). That is exactly what Zen offers”.
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.