Aquila Capital's AC Spectrum Fund has achieved convincing returns since its launch one year ago. With assets under management (AUM) of over EUR 180 million, the Fund has been one of the fastest growing alternative UCITS funds and ranks amongst the largest alternative funds in the UCITS universe.
The AC Spectrum Fund has delivered a return of 4.62% since its launch in May 2011, whilst the Newedge CTA Index, which is regarded as a benchmark for the CTA universe, incurred losses of -1.06% over the same timeframe.
According to the independent Absolut Report, only 26.1% of alternative UCITS funds currently have AUM of over EUR 100 million.
Roman Rosslenbroich (pictured), co-founder and CEO of Aquila Capital, says: “Aquila Capital is delighted that our AC Spectrum Fund has been able to deliver such convincing results since its launch in 2011. The Fund’s efficient diversification across markets and fundamentally different strategies, its resilience in tough markets and its attractiveness to both institutional and retail investors are key drivers behind its success.”
The AC Spectrum Fund is a liquid futures fund and is one of the first of its kind to offer daily liquidity. The UCITS compliant CTA fund is a fully systematic trend-follower. The fund exploits proprietary, rule based strategies that have been developed by the Aquila Capital Quant Team and masterminded by Prof Dr Harry M Kat, the Quant Team’s Head of Research. Trend-following is at the fund’s core and is supplemented with two additional strategies that are negatively correlated to the trend-following strategy to create a more stable stream of returns.