Capex Alpha Fund uses a quantitative, systematic, beta neutral approach for building a hedged stock portfolio. The strategy is based on a factor model approach that start from the micro factors of accounting data for each stock and then construct broader factors such as cheapness, quality, momentum, size and volatility from these. A fitness function is then applied to each stock in the strategy universe. The importance of each factor varies with time and market state. Each stock is ranked in our universe using its fitness score and select the highest ranking stocks for portfolio inclusion. The fund factor exposures are dynamically updated using Bayesian updating methods in order to maintain a high expected return in all market states and is hedged with a market index future or ETF to ensure market neutrality.
Specific Alpha UCITS SICAV Capex Alpha
◦ Share Class E ENG