Short-dated S&P 500 option trading with hedged downside risk
CIRRUS SP utilises a systemic, highly liquid option strategy to trade shortdated options on the S&P 500.
By mitigating beta risk, the Fund aims to encapsulate market movements and hedges the downside as part of a reactive stop-loss strategy to optimise gains.
Currently part of our emerging manager program, the Fund targets annual returns between 10 and 15% with volatility below 5% over a 3 year period. Cirrus is anticipated to be made available to eligible investors from Q4 2015.