AC Pharos Evolution Fund UCITS III
AC Pharos Evolution is a mutual fund targeting absolute returns. The fund is a UCITS III structure that offers investors daily liquidity and Luxemburg domicile and registration. The strategy can be classified as a commodity trading advisor (CTA) / managed futures
with a short term/systematic bias. Since 1980 the steady positive returns of these strategies have been measured in the Barclays CTA index and the CASAM / CISDM CTS Index. Other features of this asset class are the broad diversification of activities over many financial futures and commodity markets as well as low correlation with most other asset classes.