Global Bayesian Dynamics, LLC

Multi-Strategy (Client + Proprietary, Please see Strategy Summary)

Year-to-Date
7.75%
Minimum Investment
$ 5,000,000
Management Fee 0.75%
Performance Fee 20.00%
Annualized Volatility 11.50%
Sharpe (RFR=1%) 0.52
CAROR 6.55%
Assets $6,280,000
Worst Drawdown -16.64
S&P Correlation 0.33

Summary

From January 2015 through December 2017, the performance reflects the returns achieved while Dr. Quintana implemented the investment strategy at BEAM Bayesian Efficient Asset Management, LLC (BEAM). Returns include client performance through March 2015, the prior track record is available upon request. Proprietary performance beginning in April 2015. Starting January 2018, the program is traded by Global Bayesian Dynamics, LLC (GBD). From January 2015 through February 2017 the performance represents the Class A shares of the BEAM Multi-Strategy onshore fund. This fund closed in February 2017. It includes T-bill interest income: 0.028% in 2015, 0.134% in 2016 and 0.063% in 2017. The performance is deemed Pro-forma because a 0.75% management and a 20% incentive fee were deducted. All performance is net of transaction costs, brokerage fees, and expenses. The MULTI-STRATEGY program is a global multi-asset class systematic investment strategy. The program typically has low correlations to other active and passive investment programs because of its use of proprietary Bayesian formulation to forecasting, portfolio optimization and risk management. The program incorporates forecasting errors into its learning process and makes adjustments in the portfolio to adapt to structural changes in the markets. It is designed to provide portable scalable alpha with superior risk-adjusted long-term returns. The portfolio takes positions in futures for stock indices, bonds, currencies, and commodities (energy complex, metals and grains). Returns are based on proforma adjustments to a proprietary account to reflect fees. Client accounts will be traded in like fashion.