C8/GreenBlue Good Governance US Equity L/S Certificate February Report

In the first Monthly Report for the C8/GreenBlue Good Governance US Equity L/S Certificate we focus on the large out-performance of the Certificate versus the S&P 500. One of the standout attributes in the backtest is that, whilst our Index typically performs well in equity bull markets, importantly it tends to outperform the S&P in volatile/bear markets, as capital heads to the safety of ‘well run’ companies. The last few weeks has been the first live test of this thesis, and we are pleased that this has indeed, so far, occurred.  At Friday’s close, the Certificate is up 1.2% since inception on January 21st, despite having a 40% long bias and the S&P500 dropping nearly 10%.  
BY JON WEBB
INNOVATIVE TRADING  I  COST-EFFICIENT  I  FULL CONTROL  I TRULY GLOBAL  I  TRANSPARENT & ETHICAL

Please click on the link above to view the first Monthly Report of the ‘C8/GreenBlue  – Good Governance US Equity L/S Certificate’, that we are forwarding on behalf of the issuer, Cirdan Capital.

One of the standout attributes in the backtest is that, whilst our Index typically performs well in equity bull markets, importantly it tends to outperform the S&P in volatile/bear markets, as capital heads to the safety of ‘well run’ companies. The last few weeks has been the first live test of this thesis, and we are pleased that this has indeed, so far, occurred.

At Friday’s close, the Certificate is up 1.2% since inception on January 21st, despite having a 40% long bias and the S&P500 dropping nearly 10%.  

The Certificate can be tracked at:  https://www.boerse-frankfurt.de/derivative/xs2101399314-series-2020-02-y-certificate-auf-c8-green-blue-good-gov

If you would like further information on the Certificate, please let us know and we will pass your details onto Cirdan Capital.

The Certificate is not available for US Investors but our Good Governance Index can, of course, be traded directly on the C8 platform.

 

Thanks for reading,

The C8 Team

Other posts

Thoughts From The Divide: Finding Reasons

BY JON WEBB
The latest flurry of Fed speak has been a broad recanting of the previously guaranteed, 100% for sure, cuts this year, with members saying, “I definitely don’t feel urgency to cut rates”, “I’m not in a mad dash hurry to get there[, to lower rates]”, and “at some point, … we will start to normalize policy back to a less restrictive stance [ed. Ha!], but we don’t have to do that in a hurry”. It’s nice to be vindicated. But now what? Read more →

Stocks Do Want To Go Up, But…

BY TEMATICA
Our only hope is that investors are able to reset the table without flipping it over. Read more →

Thoughts From The Divide: Natural Disasters?

BY JON WEBB
One might have expected yesterday’s CPI data to be of significance for asset prices. As it happened the figures were interesting, with the inflation data surprising to the high side: marginally, but still a miss, while core CPI actually increased for the 2nd month. Hardly proof of resurgent inflation but notable in the context of a series which has been trending lower since Sep 2022. But asset prices didn’t seem to notice the miss. Perhaps that’s because policymakers hardly noticed it either. The quote above came from the NY Fed Williams yesterday, and seems to be representative of policymakers’ focus shifting from inflation to the labor market. So perhaps markets took that cue and paid more attention to the rather striking weekly claims figure (258k). Read more →
Back to all posts →