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Program Details

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Global Vista Advisors, LLC 

Global Vista Currencies ("GVC")

Manager: Alexios Alexiou

Address: Rue du Mont-Blanc 7, Geneva, CH-1201, Switzerland

PAST PERMORMANCE IS NOT INDICATIVE OF FUTURE RETURNS.

Overview

Program Type:CTA
Inception Date:May 1, 2014
AUM:$9,974
QEP:Yes
Incentive Fee:20%
Annual Mgt Fee:2%
Min Investment:$10,000
Disclosure Doc:View
Performance Program S&P 500
Total ROR:1.10%25.41%
Annual ROR:6.77%289.10%
YTD:0.00%5.53%
1 Year:0.00%14.71%
Alpha:-67.99
Beta:34.21
Statistics Program S&P 500
Average Monthly Gain:3.85%2.01%
Average Monthly Loss:-2.65%0%
Winning Months:12
Losing Months:10
Current DD:2.650.00
Max DD:2.650.00
Sharpe Ratio (RF 1%):0.36
Annualized Std Dev:15.92

Methodology

Discretionary:50%
Systematic:50%

Strategy

StrategySingle Strategy
DirectionalLong / Short
Holding PeriodLong & Short Term
---------------------------
Option Spreads:100%

Monthly Returns as Percentage by Year

JanFebMarAprMayJunJul AugSepOctNovDecYTD
20143.85-2.651.10

PAST PERMORMANCE IS NOT INDICATIVE OF FUTURE RETURNS.

Program Info

The Global Vista Currencies ("GVC") program seeks to maximize risk adjusted investment returns by extracting THETA (time value) from currencies futures options. The program was designed with the objective of achieving top quartile, risk adjusted absolute returns, which are uncorrelated to CTA, Equity, Bond, and Hedge Fund indices, while providing value-added diversification to portfolios consisting of traditional assets.
GVC generates alpha by selling covered options (skewed iron-condors) on three currencies futures with a typical maturity of 4 months. The currencies pairs employed are the least correlated between AUD, CAD, CHF, EUR, GBP and JPY with equal allocation to each one. The strike prices are systematically calculated by a proprietary algorithm that provides the most probable price range for the underlying future contracts. The decision-making process is hybrid systematic/discretionary, where positions are constructed systematically but the exact timing of every new trade is discretionary, depending on market fundamentals and technical analysis. Portfolio rebalancing is always made at least 30 days before the options' expiration to minimize portfolio risk. Portfolio risk is also constrained by the low leverage employed (average margin/equity: 15%).
GVC attempts to predict the medium-term trading range of the selected currencies futures for a period of 4 months and NOT the exact price levels, and so relies less on timing the market and direction.

Company Info

Global Vista Advisors, LLC is an alternative investment firm incorporated in the United States and operating from Europe.
Our objective is to achieve top quartile, risk adjusted absolute returns amongst all reporting CTA's, in all reasonably likely future market scenarios, and seek to provide added-value as a diversification to portfolios that are comprised of other assets.

Manager Info

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