The Ubique Fund has been designed to offer flexibility and robustness by actively developing, refining and researching different investment and trading strategies across a myriad of different markets. The name Ubique, meaning everywhere, harks to the fact that the investments contained within it could be from anywhere. Why limit our investing options if better opportunities present themselves in areas we aren’t currently exploring.
As a by-product, it means that as certain investment strategies lose their potency due to changing market conditions, the portfolio has the ability to move into more advantageous ones. This, combined with the spreading of risk by diversifying market exposure to multiple strategies at once aims to give Ubique a foot up on other traditional buy-and-hold portfolio’s.
One common theme throughout all of the trading strategies which make up Ubique is their systematic, quantitative approach. To be considered eligible to be part of the fund, we believe there can be no discretionary elements to a strategy. Why? For a number of reasons. Firstly, you cannot systematically test discretionary investing as there are no hard rules which dictate your actions. Secondly, discretionary trading requires a human, and humans pose a major issue when investing. They are emotional creatures, are easily influenced by opinions and emotions, and are rarely running at 100%. As such, we prefer a mechanised approach, which is testable, repeatable, and results observable. In other words, we are turning the art of investing into the science of investing. It also allows us to quantify its expected efficiency, giving us fair warning if the approach is no longer profitable in the current climate.
The other common theme throughout the portfolio is the cyclical nature of our investment strategies. Markets over the long-term have shown to be cyclical in nature and it is much more productive to go with the tide than trying to fight it. As such, we look to take advantage of markets when they are in bullish conditions and go on the defensive when they are bearish.
It is important to note, that all figures stated below are net of all fees, based upon a performance fee of 25%, and for backtested numbers, we have added an additional 0.40% monthly surcharge into our returns to cover things like slippage, missing exact pricing and other miscellaneous happenings which backtested results cannot legislate for. In our forward testing, we have found that this is closer to 0.25% but we would rather err on the side of caution, however.
Starting Balance $100,000.00
MONTH ON MONTH
LIVE WALK FORWARD
The portfolio which makes up the Ubique Fund is broken into two distinct, yet complimentary strategies. This diversification is just one of the way we are able to lower our expected risk and try to keep the equity curve as smooth as possible. Below you can click through to an in-depth look at how each strategy works and how it performs in isolation.
KEEPING UP WITH
KEEPING UP WITH
Keeping Up With The Joneses is a short term investment strategy designed to take advantage of statistically significant observations within the Dow Jones Industrial Average, over a one-day timeframe.
Result statistics are based on annualised rolling returns over full calendar year periods
The traditional fund model approach to fees is broken. It usually includes a 2% annual fee irrespective of performance and then an additional percentage of any profits generated in that period. However, with most funds underperforming the S&P500, and fund managers being able to charge their clients anyway, the net result isn't great for the investor. Warren Buffet even placed a $2m wager that over a ten year period, simply buying and holding the S&P500 would generate a higher net return for the investor than any aggregation of funds. He won the bet, mainly on the back of the fee's fund managers charge.
We do things a little differently. There are no fees at all for simply letting us manage your money. We don't charge our clients anything until they have made a profit, it is that simple. If we don't make the client money then we don't make any. The net result is that even after fees, the average return to our clients far exceeds that of the market and the traditional 60/40 Portfolios.
All fees are charged on a monthly basis at the end of the month, to coincide with how we rebalance Ubique. Below is the structure of how and what we charge.
We also operate to a high watermark principle, meaning if we are in negative territory at the end of any period, that is added to the next month to ensure we are only profiting from actual market gained profit, and not clever accounting.