METATRON GLOBAL MACRO FUND
Portfolio manager: Juraj Podracký
Investment objective
The objective of the fund is to achieve long-term absolute returns over a cash benchmark 1Y Eurlibor (Libor) + 4% p.a. The manager seeks to achieve return through a combination of capital protection and “home runs”. The manager allocates capital and risk for the client, based on manager’s discretion.
Investment strategy
Based on its own economic outlook, the fund speculatively focuses on global macroeconomic and geopolitical events. It is looking for such points in time when these events substantially increase or reduce the value of monitored asset. It thinks thematically. It tests hypotheses.
It builds positions based on manager’s reasoning and it positions itself on increase or decrease – (long/short) – in interest rates, stock indices, commodities, currency pairs, as well as in the individual securities, mostly in highly liquid markets.
In order to limit the loss or to gain leverage, the fund often implements options and option strategies.
Risk is measured through the Value-at-Risk, as well as through our own sophisticated system of gradual stop-loss. The fund manager follows strict rules for risk management.
The fund may also, within its limits, allocate seed-capital into satellite funds, then it evaluates them, offers them to clients and adjusts its allocation based on performance.
* performance since September 2020 is calculated on the quarterly basis
