MitonOptimal’s Astute Bold model portfolio is targeting equity-beating returns through deliberate hedge fund selection and directional strategies, according to a report by CityWire citing Portfolio Manager Jacques de Kock.
Launched in May 2022, Bold is designed for investors who can tolerate higher volatility in pursuit of long-term alpha, in contrast to its Guarded counterpart which focuses on stability for income-seeking retirees.
The portfolio favours hedge funds that actively use their short books for alpha generation, rather than as a defensive hedge. All selected funds must offer daily liquidity and be available via retail-linked platforms, with low correlation between strategies a key screening criterion.
Leverage is allowed but strictly limited, with an emphasis on transparent, easy-to-explain fund structures. The portfolio also uses a blending methodology to model fund combinations effectively, even where track records are short.
Names like Peregrine Capital High Growth RI Hedge fund feature in the mix, but no single manager dominates. Uptake of the Bold model has been rising steadily, driven by investor appetite for differentiated, high-return alternatives and increased adviser education.
