Overview
The Ninepoint Global Macro Fund (formerly FX Strategy Fund) offers a dynamic approach to FX investing by utilizing a systematic, quantitative approach to trading future global currency movements. It aims to offer investors equity-like returns with a low correlation to traditional public markets through a long/short strategy that adapts daily based on performance analytics.
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Trade on Global Trends
A highly liquid way to take advantage of global macroeconomic and financial trends.
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True Diversifier
Historically, similar strategies have exhibited a low correlation to other major assets classes.
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Systematic
Statistical, model-based approach that combines new and historical data to predict future currency movements.
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Adaptive
Actual returns are compared to forecast returns at the end of each trading day to determine, for the next day, the appropriate weight of each factor used in the model.
Fund Objective
The investment objective of Ninepoint Global Macro Fund (formerly FX Strategy Fund) is to generate long term total returns by investing globally in FX futures on a long/short basis. To achieve the investment objective, the Sub-Adviser will utilize several investment trading methodologies collectively known as the “FX Strategy”, at the standard level of risk to invest in foreign currency futures utilizing a Bayesian statistical model to identify current drivers of currency returns. The Fund will use derivatives, which may introduce leverage into the Fund. The Fund may also borrow cash and sell securities short. The Fund’s maximum aggregate exposure to short selling, cash borrowing and derivatives used for leverage must not exceed 300% of the Fund’s net asset value, calculated on a daily basis.
Investment Team
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Ninepoint Partners Sub Advised by P/E Global
Ninepoint Partners Sub Advised by P/E GlobalP/E Investments was founded in 1995 in Boston, Massachusetts by Warren Naphtal, J. Richard Zecher and Mary Stephens Naphtal. As of December 1, 2019, the firm managed approximately US$8.7 billion. P/E’s strategies leverage extensive experience in portfolio management, asset allocation, market analysis and risk management.View Full Bio -
Warren NaphtalPresident & CIO, P/E Global - Sub-Advisor
Warren NaphtalPresident & CIO, P/E Global - Sub-AdvisorMr. Naphtal has served as President and Chief Investment Officer of P/E Investments, since cofounding the company in 1995. He has lead development of non-correlated alpha strategies, with a focus on global markets. Prior to P/E Investments, Mr. Naphtal served in various investment roles including Head of Derivative Strategies at Putnam Investments, Head of Risk Management at Continental Bank and an options trader at O’Connor & Associates. Mr. Naphtal earned a S.M. In management from The S...View Full Bio