Quantiverse ai August 2024 Newsletter
In July, trading accounts for our ETF equity arbitrage trading strategy went live as we completed account opening, AML/KYC and funding processes. Results for July as provided by our prime broker reporting modules are as follows:
| Weekly Summary | |||||
| Avg Capital Deployed | 2,111,430 | ROI (Net) | 37,954 | ||
| Avg Return (Weekly) | 7,591 | ROI (%) | 1.80% | ||
| Avg Return (Weekly %) | 0.34% | ROI (% Ann) | 23.84% | ||
| Avg Leverage (Weekly) | 0.88 | ||||
| Max Drawdown (Weekly) | -0.02% |
Our equity strategy was up 1.8% for the partial month (23.84% annualized). As this was our initial month of trading, we did experience some startup technical issues which we worked through during the month and resulted in deploying our capital conservatively (note average leverage was < 1:1), consequently we will begin ratcheting up our capital use and leverage starting this month.
As we continue to work through any remaining startup issues, we are taking a crawl (July), walk (Aug), run (Sep) approach to deploying our strategy. We are seeing additional immediate interest in the equity strategy and are discussing fresh investments this month. Our bond strategy continues to show similar returns and we are in discussions with anchor investment in that strategy as well.
To provide an explanation with illustrations on how the ETF arbitrage strategies works, see the video link below.
ETF Arbitrage – Animated Video Explanation
We continue to offer value-added institutional products and services rolled out for 2024 and available now for accredited investors, to include our SMA accounts, Cash Management Vehicle and Quantiverse-ai Portfolio Services.
Please contact me if you would like additional details or to speak about making an allocation to our ETF Arbitrage strategies.
Frederick Weiss, Chairman
Cetus Fund 1 – powered by Quantiverse-ai
frederick.weiss@quantiverse-ai.com
Mobile +49 170 381 5596
