Auspice Diversified Fund
Auspice Diversified is our flagship strategy. It represents the culmination of the ongoing research and experience at Auspice. It is our most evolving and unconstrained rules based strategy.
Auspice Diversified is a multi-strategy liquid alternative strategy that invests in a broad spectrum of global financial and commodity markets.
Using a disciplined rules-based investment process, and drawing from the Auspice eBeta™ Building Blocks, the strategy aims to capture dominant trends long and short, agnostic to market direction and popular consensus. Risk management and capital allocation are non-discretionary and based on rigorous drawdown and scenario analysis with the primary objective to preserve capital.
Auspice Diversified is available via:
Funds: LP, Canadian Mutual Fund Trust (OM), Onshore, Offshore
Separately Managed Accounts
Winner of the Altegris 2014 CTA Challenge
Morningstar – Silver Medal – Best Opportunistic Hedge Fund
2008Canadian HedgeWatch - Ranked as the top performing CTA
Auspice eBeta™ Building Blocks
The Auspice eBeta™ Building Blocks are a suite of strategies that deliver returns with a low correlation to traditional return sources and to each other. By combining multiple building blocks, often based on a foundation of momentum, we can create a truly diversified portfolio that improves returns and lowers volatility.
Capture the tendency of markets to continue in the direction that they are currently moving. It is a behavior that has been documented across markets for hundreds of years. It is the core source of returns in our strategies and it forms the solid foundation upon which our funds and indices are built.
Mean Reversion Strategies
Capture the tendency for markets to reverse when prices move too far, too fast, from a mean level.
Short Term Strategies
Identify patterns and trends on shorter time frames where prices show a statistically significant tendency to move in a predictable way following the establishment of the pattern.
Term Structure Strategies
Capture returns that are driven by price differentials in the shape of the forward curve.
Performance when you need it most.
Historically, the Auspice Diversified Program has added value at critical times of market correction or volatility expansion in addition to times of equity performance. The world is getting more volatile and our goal is to continue to add this value.
Futures trading is speculative and is not suitable for all customers. Past performance may not be indicative of future results and there is no assurance that any of the fund’s investment objectives will be met. An investor could lose all or a substantial portion of their investment.
Auspice Diversified Program's (ADP) performance is based on Canadian dolllars (CAD).
For U.S. Investors, any reference to the Auspice Diversified Strategy or Program, “ADP”, is only available to Qualified Eligible Persons “QEP’s” as defined by CFTC Regulation 4.7.
Barclay BTOP50 CTA Index
The Barclay BTOP50 CTA Index seeks to replicate the overall composition of the managed futures industry with regard to trading style and overall market exposure. The BTOP50 employs a top-down approach in selecting its constituents. The largest investable trading advisor programs, as measured by assets under management, are selected for inclusion in the BTOP50. The CTA index does not encompass the whole universe of CTAs. The CTAs that comprise the index have submitted their information voluntarily and the performance has not been verified by the index publisher.
An index of 500 stocks chosen for market size, liquidity and industry grouping, among other factors. The S&P 500 is designed to be a leading indicator of U.S. equities and is meant to reflect the risk/return characteristics of the large cap universe.
Auspice Short Term
Strategy utilizes both mean reversion and momentum in a tactical (non-trend) short term, rules-based strategy . Ideal as an overlay for CTA portfolios.
Markets tend to move in waves. Strong moves in one direction are often followed by retracements in the opposite direction. Auspice Short Term (AST) identifies the turning points, and then rides the strong reversion momentum to capture a short term gain. The strategy comes from capturing reversals when scalping a large book of energy options given the background of the principals.
Short Term: Trade Duration < 1 day - Not Short Term Trend
Low Correlation to other CTAs, Short Term Managers, and Equities
Highly leveragable: Low Margin to Equity
AST is available via:
Separately Managed Accounts for Accredited (Canada), QEP (US), Institutional Investors.
$5 million USD minimum