Investment Objective
TGM’s Systematic Global Macro Alpha strategy aims to generate alpha from market misalignment from their fundamental valuations. It can be tailored to specific return and risk objective of the client.
TGM’s Systematic Global Macro Alpha strategy also provides strong diversification benefits when mixed with other alpha strategies.
Investment Strategy
TGM’s Systematic Global Macro Alpha process is focussed on relative valuations within currencies and country equity market indices. These are the two areas that TGM has found the most attractive for generating alpha over its 20 years’ experience of running macro strategies. These sources of alpha are combined with the use of machine learning techniques.
TGM’s Systematic Global Macro Alpha strategy targets a return of RBA Cash plus 8-10% over the long term.
| Credit Suisse Global Macro Index1 | TGM Systematic Global Macro Alpha2 | |
|---|---|---|
| 1 month | 4.63% | -1.08% |
| 3 months | 13.27% | -6.77% |
| 6 months | 8.96% | -1.63% |
| 1 year | 9.41% | 15.89% |
| 3 years (p.a.) | 0.77% | 10.61% |
| 5 years (p.a.) | 2.64% | 8.33% |
| 10 years (p.a.) | 5.92% | 5.46% |
| Annualised Return | 10.25% | 6.93% |
| Annualised Volatility | 10.30% | 6.19% |
| Return/Risk Ratio | 0.99 | 1.12 |
For further information on a TGM Systematic Global Macro Alpha managed account and how it can sit within your portfolio please contact us here at TGM.
Note: The performance numbers are Gross AUD. The returns are net of transaction costs but gross of management fees.
1 Index Series from October 1997 to December 2022, AUD Hedged 2 Backtest results for the period April 2005 to December 2022.
Disclaimer
This Website is for information purposes only and is not intended to be relied upon as a forecast, research or investment advice. The information on this Website does not constitute a recommendation, offer or solicitation to buy or sell any product or service or to adopt any investment strategy, nor shall any such product or service be offered or sold to any person in any jurisdiction in which such offer, solicitation, purchase or sale would be unlawful under the securities laws of such jurisdiction. Although this material is based upon information that TGM considers reliable and endeavours to keep current, TGM does not assure that this material is accurate, current or complete, and it should not be relied upon as such. Any opinions expressed on this Website may change as subsequent conditions vary. Decisions based on information contained on this Website are the sole responsibility of the visitor. In exchange for using this Website, the visitor agrees to indemnify and hold TGM, its officers, directors, employees, affiliates, agents, licensors and suppliers harmless against any and all claims, losses, liability, costs and expenses arising from your use of this Website, from your violation of these Terms or from any decisions that the visitor makes based on such information.
The investments and strategies discussed in the Website may not be suitable for all investors and are not obligations of TGM or its affiliates or guaranteed by TGM or its affiliates. TGM makes no representations that the contents are appropriate for use in all locations, or that the products or services discussed on this site are available or appropriate for sale or use in all jurisdictions or countries, or by all investors or counterparties. By making available information on the Website, TGM does not represent that any investment vehicle is available or suitable for any particular user. All persons and entities accessing the Web Site do so on their own initiative and are responsible for compliance with applicable local laws and regulations.
All investments involve risk and may lose value. The value of your investment can go down depending upon market conditions. All investments carry risk and all investment decisions of an individual remain the responsibility of that individual. There is no guarantee that products or services will result in profits or that they will not result in losses. All investors are advised to fully understand all risks associated with any kind of investing they choose to do.
Past performance whether actual or simulated performance is not necessarily indicative of future results. Unless specifically noted otherwise, all return examples provided on our website and publications are based on simulated results. We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown, because simulated performance and past performance are not necessarily indicative of future results.