Language > ˅
+423 375 0333

Pricing

Driven by performance and not asset gathering

Fund Name Securities No. Currency Price Previous Date Delta % YTD % Fact Sheet KIID
PAM Alpha Strategy N/A USD 334,15 May, 31 1,55 2,55 PAM Alpha Strategy USD N/A
PAM Alpha Fund - I LI0222705530 CHF 100,07 May, 31 0,07 0,07 N/A PAM Alpha Fund I CHF - KIID
PAM Alpha Fund - I LI0222705472 EUR 120,2 May, 31 1,7 1,89 PAM Alpha Fund I EUR PAM Alpha Fund I EUR - KIID
PAM Alpha Fund - I LI0222705563 USD 123,03 May, 31 1,62 2,64 PAM Alpha Fund I USD PAM Alpha Fund I USD - KIID
PAM Alpha Fund - R LI0222705605 CHF 115,96 May, 31 1,73 1,35 PAM Alpha Fund R CHF PAM Alpha Fund R CHF - KIID
PAM Alpha Fund - R LI0222705589 EUR 118,43 May, 31 1,71 1,74 PAM Alpha Fund R EUR PAM Alpha Fund R EUR - KIID
PAM Alpha Fund - R LI0222705639 USD 120,64 May, 31 1,49 2,43 PAM Alpha Fund R USD PAM Alpha Fund R USD - KIID
PAM Alpha Fund - DI LI0244763897 EUR-DI 112,56 May, 31 1,68 1,55 PAM Alpha Fund DI EUR PAM Alpha Fund DI EUR - KIID
PAM Long Only Strategy N/A USD 170,89 May, 31 1,52 4,2 PAM Long Only Strategy USD N/A
PAM Long Only Fund - P LI0264074522 USD 115,85 May, 31 1,52 3,51 PAM Long Only Fund USD PAM Long Only Fund USD - KIID
Fund Name PAM Alpha Strategy
Securities No. N/A
Currency USD
Price 334,15
Previous Date May, 31
Delta % 1,55
YTD % 2,55
Fact Sheet PAM Alpha Strategy USD
KIID N/A
Fund Name PAM Alpha Fund - I
Securities No. LI0222705530
Currency CHF
Price 100,07
Previous Date May, 31
Delta % 0,07
YTD % 0,07
Fact Sheet N/A
KIID PAM Alpha Fund I CHF - KIID
Fund Name PAM Alpha Fund - I
Securities No. LI0222705472
Currency EUR
Price 120,2
Previous Date May, 31
Delta % 1,7
YTD % 1,89
Fact Sheet PAM Alpha Fund I EUR
KIID PAM Alpha Fund I EUR - KIID
Fund Name PAM Alpha Fund - I
Securities No. LI0222705563
Currency USD
Price 123,03
Previous Date May, 31
Delta % 1,62
YTD % 2,64
Fact Sheet PAM Alpha Fund I USD
KIID PAM Alpha Fund I USD - KIID
Fund Name PAM Alpha Fund - R
Securities No. LI0222705605
Currency CHF
Price 115,96
Previous Date May, 31
Delta % 1,73
YTD % 1,35
Fact Sheet PAM Alpha Fund R CHF
KIID PAM Alpha Fund R CHF - KIID
Fund Name PAM Alpha Fund - R
Securities No. LI0222705589
Currency EUR
Price 118,43
Previous Date May, 31
Delta % 1,71
YTD % 1,74
Fact Sheet PAM Alpha Fund R EUR
KIID PAM Alpha Fund R EUR - KIID
Fund Name PAM Alpha Fund - R
Securities No. LI0222705639
Currency USD
Price 120,64
Previous Date May, 31
Delta % 1,49
YTD % 2,43
Fact Sheet PAM Alpha Fund R USD
KIID PAM Alpha Fund R USD - KIID
Fund Name PAM Alpha Fund - DI
Securities No. LI0244763897
Currency EUR-DI
Price 112,56
Previous Date May, 31
Delta % 1,68
YTD % 1,55
Fact Sheet PAM Alpha Fund DI EUR
KIID PAM Alpha Fund DI EUR - KIID
Fund Name PAM Long Only Strategy
Securities No. N/A
Currency USD
Price 170,89
Previous Date May, 31
Delta % 1,52
YTD % 4,2
Fact Sheet PAM Long Only Strategy USD
KIID N/A
Fund Name PAM Long Only Fund - P
Securities No. LI0264074522
Currency USD
Price 115,85
Previous Date May, 31
Delta % 1,52
YTD % 3,51
Fact Sheet PAM Long Only Fund USD
KIID PAM Long Only Fund USD - KIID

Strategy Comment 05/2017

The PAM Alpha Fund Strategy (L/S) is now in its 14th year of trading with annualized returns after fees of +11.56% and a Sharpe ratio of +0.78. The Long-Short approach earned +1.55% net in May 2017, bringing us to +2.55% net YTD for calendar year 2017. In the same period the PAM Long Only Fund Strategy (L/C) realized annualized returns after fees of +7.71% and a Sharpe ratio of +0.88. The Long-Cash approach earned +1.52% net in May 2017, bringing us to +4.20% net YTD for calendar year 2017.

Over the last two years, both strategy approaches have significantly outperformed the industry in an uncorrelated way. In 2015, the L/S program earned +12.69%, the L/C program +6.09% compared to -1.50% as reported by the Barclay CTA(R) Index. In 2016, the L/S program earned +3.70%, the L/C program +2.63% compared to -0.90% for the Barclay CTA(R) Index.

The month of May featured generally upward price action and low volatility. As we have stated in prior comments, our PAM Strategies tend to do well in a volatile, zig-zag type of market environment.

All in all, our thesis that the end of QE would restore our S&P 500(R) performance was proven out in 2015 and we expect going forward that performance will remain strong whether or not we face a bull or bear market in the world´s most liquid index, the S&P 500(R).

Disclaimer

Legal Information

Select country ˅
  • Austria
  • Finland
  • Germany
  • Liechtenstein
  • Romania
  • Switzerland

No Offer

The information published on the website of AIF Alternativ Invest Finance AG does not constitute an invitation, an offer or a recommendation. The website is not directed to any person in any jurisdiction where (by reason of their nationality, residence or otherwise) the publication or availability of this website is prohibited. Persons to whom such prohibitions apply must not access this website. Finally, the information on the websites is not directed at specific persons, but at those readers who have a general interest in AIF Alternativ Invest Finance AG.


No Reliance

Although AIF Alternativ Invest Finance AG has taken all reasonable care in compiling the information on its website, it accepts no responsibility for the accuracy, reliability or completeness of the information provided. The contents of the website may be changed at any time without prior notice. The information is not to be relied on in making an investment or other decision. Please obtain specific professional advice before making any investment decision.


Warning about Risks

Please note that the value of an investment may fall as well as rise. The past is not necessarily a guide to the future performance of an investment. The investments are subject to high price fluctuations. These price fluctuations may equal or even exceed the value of the invested amount. Therefore, the preservation of the invested capital cannot be guaranteed. Please also read the risk statement provided in the Prospectus of the funds.

Accept
en

Login

Please login or sign up