Versor Global Macro
Executive Summary
VERSOR GLOBAL MACRO invests across 80+ futures and futures-related instruments across four asset classes globally: commodities, equity indices (developed and emerging), fixed income and currencies (developed and emerging). Investments are made based on 40+ asset class specific alpha forecast models that are both fundamental and technical in nature, with an intentional mix of time horizons. The portfolio is strictly cross-sectional and maintains zero net exposure to equity markets, commodities and currencies and is duration neutral in fixed income markets. Given the low correlation to equity markets, Global Macro is created to be a diversifying strategy.
Performance Disclosure:
Past performance is not indicative of future results. Performance results reflect the reinvestment of income. Commodity interest trading involves substantial risk of loss.
Reported returns are unaudited preliminary estimates, subject to revision and net of management fees. Certain investors may have higher management fees depending on the applicable share class. Please note that the returns could be materially different from those stated here in case the strategy was managed in a dedicated standalone fund. In fact, the actual returns could be much lower than those shown here. Please see other important disclosures.
Returns for the Versor Global Macro strategy from Nov 1, 2023, are estimated by applying a notional capital allocation (and applicable expenses) to the Profit and Loss associated with the portion of the ARP Alternative Return Capture Fund Ltd allocated to the strategy. From Aug 6, 2020, to Oct 31, 2023, the reported returns are for the Systematic Alpha - Global Macro Fund. Versor Investments launched the Systematic Alpha - Global Macro Fund on Aug 3, 2020. Even though the Systematic Alpha - Global Macro Fund launched from Aug 3, 2020, three days were used to build-up the portfolio of Systematic Alpha - Global Macro Fund. Therefore, the returns from Aug 3, 2020, to Aug 5, 2020, is not the correct indication of this strategy performance. The returns for the Systematic Alpha - Global Macro Fund from Aug 3, 2020, to Aug 5, 2020, was -1.19% while reported performance of Versor Global Macro strategy from Aug 3, 2020, to Aug 5, 2020, was -0.02%. Prior to Aug 3, 2020, Versor Investments did not manage capital in the Systematic Alpha - Global Macro Fund as a dedicated Fund for this strategy. Versor Global Macro strategy was part of a sub strategy under ARP Alternative Risk Premia 2X Fund, which is a multi-strategy fund. Returns until Aug 5, 2020, for the Versor Global Macro strategy are estimated by applying a notional capital allocation (and applicable expenses) to the P&L associated with the portion of the ARP Alternative Risk Premia 2X Fund allocated to the strategy. When the strategy is managed in a dedicated standalone fund there will be excess cash after meeting margin requirements. Therefore, the returns for the strategy have been adjusted by adding the 3-month US T-Bill return on the excess cash.
Returns are net of all expenses including 0.90% annual management fees. Certain investors may have higher management fees depending on applicable share classes. Versor Investments also manages other accounts using the same investment strategy. Returns for the other accounts may differ from the returns shown here, depending on differences in risk levels and other investment restrictions, timing of cash flows, and fee structures.
AUM Disclosure:
AUM represents combined Assets Under Management for the Versor Global Macro strategies including its sub-strategies. AUM for the strategies is estimated by applying a notional capital allocation to the AUM of the multi-strategy accounts and the GMV (Gross Market Value) of future's component of a multi-manager account allocated to the strategy
Register to get access to the managed futures database
Get the Full Picture!
See detailed analysis of this investment, and gain access to our complete database where you can:
- Save Investments to a Watchlist and Follow Managers
- Build Portfolios and Create Custom Multi-Manager Blends
- Export Performance Data and Download Research Reports
Disclaimer Info
The performance data displayed herein is compiled from various sources, including BarclayHedge, and reports directly from the advisors. These performance figures should not be relied on independent of the individual advisor's disclosure document, which has important information regarding the method of calculation used, whether or not the performance includes proprietary results, and other important footnotes on the advisor's track record.
The programs listed here are a sub-set of the full list of programs able to be accessed by subscribing to the database and reflect programs we currently work with and/or are more familiar with.
Benchmark index performance is for the constituents of that index only, and does not represent the entire universe of possible investments within that asset class. And further, that there can be limitations and biases to indices such as survivorship, self reporting, and instant history. Individuals cannot invest in the index itself, and actual rates of return may be significantly different and more volatile than those of the index.
Managed futures accounts can subject to substantial charges for management and advisory fees. The numbers within this website include all such fees, but it may be necessary for those accounts that are subject to these charges to make substantial trading profits in the future to avoid depletion or exhaustion of their assets.
Investors interested in investing with a managed futures program (excepting those programs which are offered exclusively to qualified eligible persons as that term is defined by CFTC regulation 4.7) will be required to receive and sign off on a disclosure document in compliance with certain CFT rules The disclosure documents contains a complete description of the principal risk factors and each fee to be charged to your account by the CTA, as well as the composite performance of accounts under the CTA's management over at least the most recent five years. Investor interested in investing in any of the programs on this website are urged to carefully read these disclosure documents, including, but not limited to the performance information, before investing in any such programs.
Those investors who are qualified eligible persons as that term is defined by CFTC regulation 4.7 and interested in investing in a program exempt from having to provide a disclosure document and considered by the regulations to be sophisticated enough to understand the risks and be able to interpret the accuracy and completeness of any performance information on their own.
RCM may receive a portion of the commodity brokerage commissions you pay in connection with your futures trading and/or a portion of the interest income (if any) earned on an account's assets. The listed manager may also pay RCM a portion of the fees they receive from accounts introduced to them by RCM.
Limitations on RCM Quintile + Star Rankings
The Quintile Rankings and RCM Star Rankings shown here are provided for informational purposes only. RCM does not guarantee the accuracy, timeliness or completeness of this information. The ranking methodology is proprietary and the results have not been audited or verified by an independent third party. Some CTAs may employ trading programs or strategies that are riskier than others. CTAs may manage customer accounts differently than their model results shown or make different trades in actual customer accounts versus their own accounts. Different CTAs are subject to different market conditions and risks that can significantly impact actual results. RCM and its affiliates receive compensation from some of the rated CTAs. Investors should perform their own due diligence before investing with any CTA. This ranking information should not be the sole basis for any investment decision.
See the full terms of use and risk disclaimer here.