For more information on the financial terms used in this article, please consult the glossary.
Inflationary pressures and rising real interest rates have changed the dynamics of the market. Standard approaches to diversification are challenged and investors may need to think differently in looking to generate returns similar to those enjoyed in recent decades.
We believe, now is an opportune time for investors to consider adding tactical asset allocation alpha or macro strategies to portfolios. Such strategies can be characterised by top-down approaches that are unconstrained by asset class, retain the ability to go directionally long or short, and drive returns and diversification by being responsive to changing market conditions.
The value of a fund's assets will go down as well as up. This will cause the value of your investment to fall as well as rise and you may get back less than you originally invested. Past performance is not a guide to future performance. We are unable to give financial advice. If you are unsure about the suitability of your investment, speak to your financial adviser. The views expressed in this document should not be taken as a recommendation, advice or forecast.
We believe that, in a volatile and ever changing world, the ability to be tactical and responsive to changing markets can be an important driver of portfolio performance.
We seek to invest where we have highest conviction. Fund exposures will be concentrated in long or short broad markets (often through liquid index futures) where we see the greatest asymmetries between what the accepted consensus and shifting fundamentals.
A Luxembourg SICAV UCITS daily-liquid multi-asset global macro strategy Fund
Focus: Global, Dynamic, Conviction Based
Directional long or short positions
Experienced team across multiple market cycles, with lead manager since strategy inception.
Focus on Absolute return
Target performance: SOFR + 4-8% over any
Source: 2023 UCITS Hedge Awards by @TheHedgeFundJournal.
The M&G (Lux) Episode Macro Fund is a sub-fund of M&G (Lux) Investment Funds 1, an open-ended investment company established in Luxembourg which is available for sale in certain jurisdictions only. M&G (Lux) Investment Funds 1 has appointed M&G Investments (Singapore) Pte. Ltd. as its Singapore representative and agent for service of process.
This document is for informational purposes only and does not constitute an offer or solicitation to purchase or sell units in the fund. Investment involves risk. Past performance is not necessarily a guide to future performance or returns. The value of investments and the income from them can fluctuate and is not guaranteed. Rates of exchange may cause the value of investments to go up or down. Investors may not get back the amount they invest. Subscriptions in the fund are valid only if made on the basis of the current Prospectus and the Product Highlights Sheet available on our website www.mandg.com/investments/sg and you must read these documents before deciding whether to invest. Investors may wish to seek advice from a financial adviser before purchasing shares of the fund. In the event that they choose not to seek independent financial advice, they should consider carefully whether the fund is suitable for them.