Ayaltis Investor Reports - February 2019 Performance Estimate

 
 
 

We are pleased to send you the estimated NAVs & performance numbers for Areca Value Discovery with a performance of 0.19% for Class B USD.

February Flash Commentary

Our flagship fund delivered +0.19% in February. All our portfolios delivered small positive returns, with the only exception of Convexity, which is designed to exploit volatility spikes when markets get stressed. 

Markets continued their relentless two-month rally supported by the conviction that Central Banks (mainly FED and ECB) will keep being supportive.  The violent V-shaped bounce in the markets is also the consequence of the massive deleveraging (both gross and net) recorded during the second half of 2018. While overall performance has been good, the shorts have rallied significantly, driven by style factors: primarily earnings variability, size and profit.

With regards to our flagship fund, Distressed and Structured Relative Value detracted from the positive performance of  Discretionary Relative Value.

  

Estimated NAVs and Performance
as of February 28, 2019

February

YTD 2019

NAV

2018

12 Months Rolling Return

12 Months Rolling Volatility

Liquidity

PDF

Areca Value Discovery B USD

0.19%

0.39%

125.62

-0.32%

2.24%

2.18%

Quarterly

Link

Areca Value Discovery B CHF

-0.09%

-0.18%

114.43

-3.53%

-1.10%

2.27%

Quarterly

Areca Value Discovery B EUR

-0.05%

-0.11%

116.73

-3.09%

-0.66%

2.27%

Quarterly

 

 

 

 

 

 

 

 

 

Areca Azure C USD

0.56%

1.73%

107.63

1.16%

4.27%

2.70%

Monthly

Link

 

 

 

 

 

 

 

 

 

Narrapuno SPC - Spectrum A USD

0.03%

0.07%

1,516.58

-0.11%

2.45%

2.48%

Quarterly

Link

Narrapuno SPC - Spectrum A CHF

-0.24%

-0.50%

1,330.87

-3.47%

-1.04%

2.50%

Quarterly

 

 

 

 

 

 

 

 

 

Areca Convexity B USD

-0.44%

-1.83%

101.95

3.85%*

-

-

Monthly

Link

 

 

 

 

 

 

 

 

 

*Note: Areca Convexity was launched in August 2018. This month’s cut-off date for subscriptions is 23 March 2019 at 3pm.

We are also pleased to send you the final NAV & Performance for Alaya Diversified (UCITS) with a performance of +0.11% for Class B USD.

Final NAV and Performance
as of February 28, 2019

February

YTD 2019

NAV

2018

12 Months Rolling Return

12 Months Rolling Volatility

Liquidity

PDF

LSF Alaya Diversified (UCITS) B USD

0.11%

0.61%

101.00

0.39%*

-

-

Bi-weekly

Link

LSF Alaya Diversified (UCITS) B CHF

0.00%

0.05%

100.05

-

-

-

Bi-weekly

Link

LSF Alaya Diversified (UCITS) B EUR

-0.04%

-0.01%

99.99

-

-

-

Bi-weekly

Link

 

 

 

 

 

 

 

 

 

*Note: Class B in USD was launched on 17 December 2018 whereas Class B in CHF and EUR were launched on 15 January 2019. This month’s cut-off date for subscriptions is 12 March 2019 at 3pm.

As always, we reiterate our gratitude for your continued trust and support.
                  
Best regards,

Son Nguyen
CEO & Managing Partner


Ayaltis AG
Bleicherweg 19
8002 Zürich
Switzerland

Direct: +41 43 501 37 62
Mobile: +41 78 610 65 00
Email: nguyen@ayaltis.com 

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