Scalable Tactics to Extract Alpha

The Program consists of complementary systematic strategies, designed to deliver positive and uncorrelated absolute returns independently of market conditions.
In-depth understanding of Futures markets fundamentals and analysis of recurrent patterns are being combined with robust statistical models and advanced data-processing technics to deliver new sources of Alpha.
For this purpose, both fundamental data and alternative data – which contain complementary sources of information – are investigated and confronted. From those analysis, systematic investment technics have been designed to extract Alpha in a consistent manner over time and across different markets and asset classes.

The investment universe is limited to:
– most liquid US and European Equity Index Futures, including S&P500, Nasdaq100, Eurostoxx50, FTSE100, CAC40, DAX30
– most liquid Volatility Index Futures, including VIX and VSTOXX
– most liquid Commodities Futures, including Corn, Wheat and Soybeans
Since strategies are exploiting generic phenomenons and not specific to one particular market, this universe is subject to expansion in order to reach more and more diversification in terms of Alpha sources.
Holding period of each position varies from 1 day to 1 week and the portfolio is rebalanced on a close-to-close basis. This ensures an optimal scalability of the strategy and a limited market impact.

PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.  There is a substantial risk of loss in trading commodity futures and options and off-exchange foreign currency products.

Performance Table is valued in USD. YTD & LTD performance is non compounded. Trading P&L, Commissions, Change in OTE & Interest are actual from broker statement. Management (1.00%) & Incentive Fees (10%) are Pro forma. Trading Level is fixed. Net Performance is added or withdrawn to maintain the fixed Trading Level. Fees exclude an additional 20% VAT that applies only to European Union corporate accounts and any individual accounts notwithstanding their place of residence or citizenship.

PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.  There is a substantial risk of loss in trading commodity futures and options and off-exchange foreign currency products.

The indices selected to generate the above comparison are not available as a directly investible product. Generally, no individual can purchase an actual index as an investment holding for his or her portfolio. Please consider that any index performance is for the constituents of that index only and does not represent the entire universe of possible investments within that asset class. Limitations and biases to indices include survivorship, self reporting, instant history, etc.
The HFRX Global Hedge Fund Index is designed to be representative of the overall composition of the hedge fund universe. It is comprised of all eligible hedge fund strategies; including but not limited to convertible arbitrage, distressed securities, equity hedge, equity market neutral, event driven, macro, merger arbitrage, and relative value arbitrage Source: HFR Database
The Bloomberg Barclays US Aggregate Bond Index is a broad-based flagship benchmark that measures the investment grade, US dollar-denominated, fixed-rate taxable bond market. The index includes Treasuries, government-related and corporate securities, MBS (agency fixed-rate pass-throughs), ABS and CMBS (agency and non-agency). Investors frequently use the index as a stand-in for measuring the performance of the US bond market.. Source: Bloomberg Bloomberg LBUSTRUU Index.

Access to information about STEA investment strategy may be subject to restrictions with regard to certain persons or certain countries. No products and/or services may be offered by Rcube asset management to an individual if the law in his country of origin or any other country concerning the person, product or service prohibits it. You should carefully consider whether such trading is suitable for you in light of your financial condition. The high degree of leverage that is often obtainable in commodity interest trading can work against you as well for you. The use of different strategies utilized in commodity interest trading and significant considerations should be given to which strategy is appropriate for your particular financial situation. All investments in the commodity interest market should be made with risk capital only.

The views, comments, prices, data and other information and opinions that Rcube Asset Management is likely to express on the markets and/or financial instruments in particular  are not warranted as to completeness or accuracy and cannot engage its responsibility. This document has been produced for information purposes only and does not constitute an offer or a solicitation for the purpose of investing in this Program. The investor is the sole judge of the appropriateness of the transactions that he may have to conclude.

Data from various internal and external sources are communicated for information purposes only and subject to errors or omissions.
STEA is only open to Professional Investors under EU regulation or Accredited Investors under equivalent regulations as well as Qualified Eligible Persons under US regulation. This document neither constitutes an offer of products or services, a proposal or invitation to invest in securities, an invitation to buy or sell securities or any other financial product or investment, a recommendation, a contract.