A unique Global Macro Hedge Fund designed to deliver attractive returns, excellent liquidity, and low correlation with the major asset classes.
Sydney, Australia – The Zen Capital Management Global Fund SP rose 2.67% (gross) for the month of April, significantly outperforming the HFRI Fund Weighted Composite Index which rose 0.69%. What is remarkable about this return is that was delivered with a daily volatility 60% lower than that of the S&P500 over the same period. The combination of strong returns and low volatility meant Zen achieved an extremely impressive Sharpe Ratio of 5.02 for the month. This performance is likely to be one of the highest, if not the highest, risk-adjusted return for any hedge fund in the world for the month of April.
Managing Director Gregory Carroll said “The fund was designed to deliver attractive returns with low volatility. We were very happy with our March performance but our performance in April has been even stronger despite April being a more challenging month for most managers”.
The Zen Capital Management Global Fund SP has been in “soft launch” for the last seven months. The newcomer to the market claims its processes are unique, having been derived from over a decade of research. The recent performance of the fund suggests Zen’s approach is working exceptionally well in an environment where others are struggling.
Carroll said “We are not actively marketing the fund at present, although the level of interest has surged over the last few months. Investors are seeking funds with attractive returns that also have a low correlation with their other investments (mostly equities). That is exactly what Zen offers”.