Atlantic House Uncorrelated Strategies Fund
The Fund aims to deliver positive returns across a wide range of market scenarios while protecting the portfolio from significant market downturns.
The Fund systematically invests across diverse and highly differentiated sources of return. It will therefore have low correlations to traditional and non-traditional risk assets.
Dedicated to managing your investment
What does the Fund invest in?
The Fund systematically invests across multi-asset derivative strategies that have the potential to deliver diverse and highly differentiated sources of return from:
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Long volatility strategies that aim to profit from rising implied or realised volatility and may also act as a hedge against extreme market moves, and
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Diversifier strategies that aim to generate positive returns, in normal market conditions, regardless of the direction of the market.
Investments that meet the Fund Managers’ screening criteria are allocated based on their specific contribution to risk to ensure the Fund maintains a net long volatility bias. Derivative positions are backed by government bonds.
Key fund risks
This is not a comprehensive list of every risk factor. You can view the full list in the Risk Warning section of the Prospectus, Supplement and Key Investor Information Documents above.
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The price of shares and income from them can go down as well as up, this may in part be due to exchange rate fluctuations. Investors may not get back the full amount originally invested. There is no guarantee the Fund will achieve its objective.
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Derivatives Risk: The Fund is entitled to use derivative instruments for investment purposes and for efficient portfolio management and/ or to protect against exchange risks. Derivatives may not achieve their intended purpose. Their prices may move up or down significantly over relatively short periods of time which may result in losses greater than the amount paid. This could adversely impact the value of the Fund. The Fund may enter into various financial contracts (derivatives) with another party. Where the Fund uses futures or forward foreign currency contracts (derivatives), it may become exposed to certain investment risks including leverage, market, mismatching of exposure and/or counterparty risk, liquidity, interest rate, credit and management risks and the risk of improper valuation. Any movement in the price of these investments can have a significant impact on the value of the Fund and the Fund could lose more than the amount invested.
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Issuer/Credit Risk: The Fund invests in government and corporate bonds. All bonds will be investment grade (i.e. at or above S&P rating BBB- or deemed equivalent). If any of the bonds the Fund owns suffer credit events the performance of the Fund could be adversely affected.
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Liquidity Risk: In certain market conditions some assets in the Fund may become less liquid than at other times so selling at their true value and in a timely manner could become more difficult.
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Legal and Regulatory Risk: Future legal or regulatory change could have a significant effect on the Fund.
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Other Risks: Other risks the Fund is exposed to include but are not limited to are possible changes in interest rates, changing expectations of future market volatility, changing expectations of equity market correlation and changing dividend expectations.
Fund information
as at 28 March 2024
Objective: To generate capital growth over the medium to long-term.
Launch date: 3 May 2022
Fund size: $182mn
Base Currency: US dollar
Performance Fee: A/I share classes: 20% a year of any returns the net asset value per share achieves above the overnight Federal Funds rate plus a spread of 4% (subject to the net asset value being greater than the high water mark and the high water mark adjusted to take account of share dealings).
XD date: 4 February, 4 May, 4 August, 4 November
Fund Type: UCITS
Dealing: Daily
Dealing Deadline: Noon (Irish time)
Manager: Gemini Capital Management (Ireland) Limited
Platform Availability
7IM, Abrdn, AJ Bell, Ascentric, Aviva, Elevate, Fidelity, Novia, Nucleus, Pershing, Quilter, Raymond James, SEI, Transact
Share Class Information
Please see supplement for full list of share classes
Important information
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This is a marketing communication. A comprehensive list of risk factors is detailed in the Risk Warnings Section of the Prospectus and the Supplement of the Fund and in the relevant key investor information document (KIID) final investment decision should not be contemplated until the risks are fully considered. A copy of the English version of the Supplement, the Prospectus, and any other offering document and the KIID can be viewed at www.atlantichousegroup.com and www.geminicapital.ie. A summary of investor rights associated with an investment in the Fund is available in English at www.geminicapital.ie.
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A decision may be taken at any time to terminate the arrangements for the marketing of the Fund in any jurisdiction in which it is currently being marketed. Shareholders in affected EEA Member State will be notified of any decision marketing arrangements in advance and will be provided the opportunity to redeem their shareholding in the Company free of any charges or deductions for at least 30 working days from the date of such notification