Vision Capital Management : Global Futures 2X

Summary

Vision Capital is an alternative investment firm specializing in managed futures. We offer investment products to institutions and high net-worth individuals who seek diversification through uncorrelated asset classes. Our investment products are designed to provide clients with strategic access to a wide range of global futures and commodity markets. Our commitment is to create investment strategies that can add value to our client's investment portfolios in an uncertain market environment.

Investment Strategy

The investment program is quantitative and primarily directional in nature, meaning it seeks to identify and take advantage of upward and downward price trends. Price data is used to respond to price moves across a highly diversified global futures portfolio. Investment rules are executed within a systematic framework. Sophisticated research led to the formulation of the investment approach. The cornerstone of the investment philosophy is that financial markets experience inefficiencies in the form of price trends, which arise as a result of crowd behavior. Although they vary in intensity, duration and frequency, price trends are a universal and recurrent phenomenon across all markets and sectors. As a persistent type of market behavior, trends are an attractive focus for active trading styles applied across a diverse range of global markets.

Risk Management

The main principle behind risk management is strategic diversification in pursuit of a maximum attainable risk spreading, taking correlation analysis and degrees of profit expectancy into account. Market and sector exposure are dynamically adjusted in real time to reflect changes in the volatility of each individual market. An increase in volatility of a particular market means directional positions are exposed to greater risk. Therefore the risk weighting for a market decreases as volatility increases. The assessment of price volatility plays a prominent role. The strength of our Global Futures program is the disciplined, systematic and dynamic nature of investment approach. The overall performance is determined by the entirety of all markets and all trades. The results of individual trades deserve only limited attention in a portfolio strategy. In a systematic investment approach, the consistent disciplined application by Vision’s investment team and a consistent prolonged participation by the client are both essential to realize the pursued returns over the course of time.