Global Market Neutral

Results as of 2024-07-19

Evovest Global Market Neutral Strategy aims to create absolute returns in CAD minimally correlated with the global equity market.

The underlying strategy relies on the automation and enhancement of the fundamental investment process of a portfolio manager using artificial intelligence (AI).

The strategy is rebalanced on a weekly basis and takes long and short positions located in USA, Canada, UK, Europe, Japan and Hong Kong.

Summary

Evovest
Return (ann.) 2.50%
Alpha (ann.) -2.34%
Std (ann.) 5.92%
Reward / Risk 0.42
Max drawdown -6.34%
Tracking error (ann.) 7.96%
Beta NA
Evovest
This Week -1.60%
MTD -3.28%
QTD -3.28%
YTD 9.60%
TTM 7.60%

Monthly Returns

Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec YTD
2023 0.2% -2.8% -0.1% -1.9% 0.3% 1.1% 0.9% -1.8% -1.8% -5.7%
2024 6.1% 3.0% 1.2% 0.7% -0.1% 2.0% -3.3% 9.6%