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Global Opportunity Digital Asset Fund | SP

Quantitative-Discretionary Long-Short Digital Asset Strategy


Investment Manager:     

PIVOT Fintech holds a Capital Markets Services License (CMS100806) and is regulated by the Monetary Authority of Singapore.

Strategy

Novum Alpha Global Opportunity Digital Asset Fund manages a quantitative-discretionary long-short strategy that represents years of experience trading opaque digital asset markets while leveraging cutting edge quantitative models.



1,624%

Annualized Return

2.39

Sharpe Ratio

0.307

Beta



US$10,000

Invested


US$172,489

Returned

865.71

Alpha

16X

RETURN ON INVESTMENT

Returns are derived from the weighted average of actual managed accounts live-traded on digital asset exchange Binance, denominated in USDT (the “Managed Accounts”). Past performance is not indicative of future returns. Current performance may be lower or higher than the performance quoted. The principal value and return of an investment will fluctuate so that your shares, when redeemed, may be worth more or less than their original cost. Performance reflected does not include the Fund’s fees and had it been included, the Fund’s return would have been lower.


The Managed Accounts were reorganized into the Fund on 2 July 2021, the date upon which the Fund was registered. Novum Alpha administered the Managed Accounts using investment policies, objectives, guidelines and restrictions that are in all material respects equivalent to those of the Fund. However, the Managed Accounts were not a registered mutual fund and thus were not subject to the same investment restrictions as the Fund. If they had been, the Managed Account’s performance may have been lower. Please see the full set of offering documents for risk disclosure.



Our Investment Process



Idea Generation


Using a mosaic approach, disparate data points are collated from public and private sources and supplied to in-house data science tools to identify opportunities. Research infrastructure scans blockchains, price data, order books, social media, and news.


Digital Asset Selection


Homing in on dislocations and inefficiencies, quantitative analysis identifies opportunities and sets up appropriate long and/or short entry points as well as caters for trade duration and sizing.


Risk Management


Portfolio monitoring systems manage portfolio risk 24/7 to prevent trade concentration and manage exposure.
Trades are automatically sized according to strength of conviction and trade frequency optimized to ensure minimal slippage.


Automated Execution


Automated, algorithmic trading programs trade multiple short to mid- term strategies 24/7 to capture digital asset price movements using rules-based, signal-generating logic, ensuring stable performance and low instrument correlation.

Portfolio Guidelines



Investable Universe Long short digital assets
Position Exposure Longs: 75% - 95%
Shorts: 15% - 35%
Number of Positions Rules-based and algorithmically managed according to market conditions
Opportunistic Takes advantage of dislocations, inefficiencies and special situations
Active Risk Management Derivatives: 60% - 80% of net exposure
Short selling: Individual digital assets and derivatives

Alpha Generation

865.71 alpha
0.307 beta
  • In-depth research and data analytics ensures performance above a general basket of digital assets to generate alpha.
  • Active hedging reduces beta relative to the often-volatile digital asset markets.

  • Alpha is a historical number of how the investment performed relative to the benchmark, in this case the Bloomberg Galaxy Crypto Index.
  • Beta is an indication of the volatility of Novum Alpha Global Opportunity Digital Asset Fund relative to the digital asset market, taken here to be represented by the Bloomberg Galaxy Crypto Index. A beta of less than 1 implies a lower volatility than the market.

Portfolio Diversifier


The potential diversification benefits of adding Novum Alpha Global Opportunity Digital Asset Fund to an existing portfolio include:


  • Negative correlation with equities, bonds and gold
  • Low correlation with Bitcoin and broad digital asset index indicating minimal digital asset

From August 2017 to June 2021 Novum Alpha Global
Opportunity Digital Asset Fund
Bloomberg Galaxy Crypto Index 0.67
Bitcoin Buy & Hold 0.32
S&P 500 -0.02
iShares Core U.S. Aggregate Bond ETF -0.06
Gold -0.06

Correlation is a statistical measure of how two assets move in relation to each other. A correlation of +1 implies that two assets move in unison, whereas a correlation of -1 implies that move exactly opposite to each other. A correlation of 0 means that the two assets move randomly in relation to each other. Please see the “Glossary of Terms” for more information.

Service Providers


Legal


Dentons (Cayman Islands)

Dentons Rodyk & Davidson LLP (Singapore)

Finn Dixon & Herling LLP (USA)

Tax / Audit


Baker Tilly (Cayman Islands)

Administrator


Lanturn Pte. Ltd.

Custodian


Copper Technologies (UK) Limited

Fund Details & Investment Terms



Fund Details
Domicile: Cayman Islands
Subscription Currency: US$*
Denomination: US$
High Water Mark: YES
Minimum Investment: US$100,000
Investment Terms
Management Fee: 2.0%
Performance Fee: 30.0%
Lock-In: NONE
Short Term Trading Deduction (1st YEAR): 5%
Redemption Fee (after 1st YEAR): NONE

*Other subscription currencies and/or digital assets may be accepted at the sole discretion of the Directors of the Company, please contact the Investment Manager for more information.

For the The Fact Sheet And Monthly Performance Report, Please Contact Us



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Important Risk Information



The information provided on this site is for informational purposes only. It is not to be construed as investment advice or a recommendation or offer to buy or sell any security. Prospective clients should always obtain and read an up-to-date product and/or services description or prospectus before deciding whether to invest. Any views expressed herein are those of Novum Alpha SPC (“the Company”) are based on available information, and are subject to change without notice. There are no guarantees regarding the achievement of investment objectives, target returns, or measurements such as alpha, tracking error, asset weightings and other information ratios. The views and strategies described may not be suitable for all clients. The Company does not provide tax or legal advice. Prospective subscribers should consult with a tax or legal advisor before making any investment decision. Investing in any investment product entails risks and there can be no assurance that the Company avoid incurring losses or achieve any of a prospective subscriber’s investment goals.


Performance quoted represents past performance, which is no guarantee of future results. Investment and principal value will fluctuate, so you may have a gain or loss when assets are sold. Current performance may be higher or lower than that quoted product’s expenses and other liabilities, and such product may be unable to meet its investment objective