HACO
FundFront Haven Cove 2018-01-31 - 2022-09-30
993.31 -0.0%
Value based on initial investment of €10,000
Source: February 2018 to June 2022 monthly returns net of fees for HACO strategy provided by Centaur Fund Services Limited and Haven Cove Capital Management Limited. Since July 2022 monthly returns net of all fees for HACO Certificate provided by FundFront Ltd. Past performance is no guarantee of future results. This material is not a solicitation of any offer to buy or sell any security or other financial instrument or to participate in any trading strategy. Please refer to important information, disclosures and qualifications at the end of this material.
Performance
Total return (%) 2018-01-31 - 2022-09-30
MTD 3M YTD 1Y 3Y 5Y Incept.
-0.6 -0.7 -1.7 0.4 14.3 32.6 32.6
Source: February 2018 to June 2022 monthly returns net of fees for HACO strategy provided by Centaur Fund Services Limited and Haven Cove Capital Management Limited. Since July 2022 monthly returns net of all fees for HACO Certificate provided by FundFront Ltd. Past performance is no guarantee of future results. This material is not a solicitation of any offer to buy or sell any security or other financial instrument or to participate in any trading strategy. Please refer to important information, disclosures and qualifications at the end of this material.
Sharpe Ratio 2.0
Sortino Ratio 3.9
Calmar Ratio 1.7
Volatility 3.0%
Positive Months 76%
Maximum Drawdown -3.6%
Best Month 2.3%
Worst Month -2.4%
About HACO
Haven Cove is a specialist in Systematic European Liquid Credit & Equity Strategies. Haven Cove constructs and trades a variety of uncorrelated alpha capture opportunities that are diversified in opportunity set, repeatable & stable over the long-term, and can be managed within a prescriptive risk control framework. The Credit portfolio systematically targets a structural pricing dislocation in the CDS market, which is most pronounced & persistent in the European Investment Grade space (actuarial vs market spread). The core strategy isolates this in a manner that optimizes return (carry & theta), and minimises default risk & spread volatility. Instruments used are liquid European CDS index, as well as options over the index and tranches. The Equity portfolio consists of technical, quantamental and asymmetric systematic strategies which are designed to generate returns that are uncorrelated & additive to the Credit portfolio without adding marginal volatility. Signal generation uses both technical and fundamental datasets and includes event-filtering to ensure asymmetric situations are included alongside a more diversified, statistically driven, EU long/short portfolio.
Strategy Manager Haven Cove Capital
Regulated by FCA
Headquarters London, UK
AUM $175 mln
Nick Greenwood Founder & CIO
Ashley Hudd Founder & CEO
Features
4-year track record
High consistency of returns
Diversified across strategies
Recognised in Tomorrow’s Titans 2021 by The Hedge Fund Journal
Key Facts
Issue Price EUR 1,000
Denomination 1
Minimum Trade Size 10
Maturity Date Open Ended
Base Currency EUR
Liquidity Monthly
Issuer FFS Issuance PCC
Distributor FundFront Ltd
ISIN CH1168858178
Valoren 116885817
Management Fee 2%
Administration Fee 0.5%
Performance Fee 20%
Type Tracker
Advisor Haven Cove Capital Management
Performance Attributes
Contact
FundFront Ltd Investor Relations
Email
Call
Disclaimer This financial promotion is issued by FundFront Ltd. which is an Appointed Representative of Brooklands Fund Management Limited which is authorised and regulated by the Financial Conduct Authority (“FCA”). This document is only made available to professional clients and eligible counterparties as defined by the FCA and also to persons of a kind to whom FundFront Ltd. may lawfully be promoted by an authorised person by virtue of Section 238(5) of the Financial Services and Markets Act 2000, the Financial Services and Markets Act 2000 (Exemption) Order 2001 and COBS 4.12.1R. The investment opportunities described in this document should be regarded as high risk investments which are only suitable for investment by relevant persons who can afford to lose their entire investment. Before entering into any transaction relating to a fund or investment mentioned in this document, an investor should take steps to ensure that all the risks are fully and completely understood and whether the investment suits the objectives and circumstances, including the possible risks and benefits of entering into such a transaction. An investor should also seek independent advice on the nature and risks associated therein. Past performance is not indicative of future results. The value of your investment may go down as well as up, and you may not receive upon redemption the full amount of your original investment. Participation in the investment opportunities should only be made by persons with experience of participating in unregulated schemes and any other person who receives this document should not rely upon it. This document is strictly confidential and may not be copied or distributed by the recipient. No representation, warranty or undertaking, express or implied, is given as to the accuracy or completeness of the information or opinions contained in this document which is issued for information purposes only and is not intended as a solicitation to invest. No reliance may be placed for any purpose on the information and opinions contained in this document, nor do they constitute investment advice. Any investment must be made solely on the basis of the confidential information memorandum issued for the purpose. This document is not for distribution in any jurisdiction where such distribution would be unlawful. The recipient of this document warrants that he or it is able to receive this document without breaching or causing FundFront Ltd. or its advisers or any of their directors to breach any relevant laws or regulations and, as a condition of accepting this document, agrees with the restrictions set out in this Notice.
Radar chart methodology
• 4 aspects of performance are evaluated on a standardised basis 
• Threshold ranges are used to determine how the strategy ranks in each category
• The lower the number ranking, the stronger the strategy is in that particular category       
            
Category Profitability Stability Consistency Control
Measure used Annualised return Annualised volatility Monthly win rate Maximum drawdown
1 >25% <=0.5% >70% <= 2.5%
2 20 - 25% 0.5 - 2% 65 - 70% 2.5 - 5%
3 15 - 20% 2 - 5% 60 - 65% 5 - 10%
4 10 - 15% 5 - 10% 55 - 60% 10 - 20%
5 5 - 10% 10 - 15% 50 - 55% 20 - 30%
6 0 - 5% 15 - 25% 45 - 50% 30 - 40%
7 <= 0% >25% <= 45% >40%
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HACO
Units
Minimum units 10
Indicative unit price 993.31
Indicative value -