Cirdan Capital Launch the C8/GreenBlue Good Governance US Equity L/S Certificate

C8 and Green Blue Invest are excited to announce that Cirdan Capital Management has launched an Actively Managed Certificate based on the C8/GreenBlue Good Governance Index. The Certificate will be listed on the Frankfurt Stock Exchange, for professional investors.

As the first of its kind, each year, the Index takes the 100 best-governed stocks in the S&P 500, measured by natural language processing for each company’s annual report. This is then combined with C8’s factor-weighted equity long/short overlay. The portfolio has been rated as a top-quartile ESG portfolio by Impact Cubed, an independent ESG rating agency.

The Index provides evidence that a long-term premia for well-governed companies exists.

The ‘C8/GreenBlue – Good Governance US Equity L/S Certificate 2027’

  • L/S equity strategy with a net exposure typically around 40% net long (with a volatility filter). The long side is made of stocks that have been selected for their quality of governance and the short side is made of the S&P 500 Total Return Index
  • USD denominated
  • Listed on the Frankfurt Stock Exchange on 9 January, with a subscription period until 20 January.
  • Intraday liquidity
  • Also available now by private placement from Cirdan Capital
  • Available to all professional, HNW and institutional investors outside the US, with a minimum investment of $125k
  • Target volatility of 7 1/2%, based on back testing, this level of volatility would have an average return of 12%
  • Management fee of 1% and performance fee of 10%, with High Water Mark
  • ISIN XS2101399314

Cirdan Capital is a UK Finance Boutique, regulated by the FCA, who have launched the Certificate from their Luxembourg Securitised Vehicle, Aldburg SA. Aldburg is structured with segregated compartments so that the Certificate avoids counterparty risk.

This is the back-tested performance from Cirdan’s Certificate presentation:

If you are interested in knowing more on the Good Governance Long/Short Index we would be delighted to help and the C8 platform makes it straightforward to track this Index directly using the underlying equities.

However, for those interested in the newly launched Certificate we will pass any enquiries on to Cirdan Capital. Importantly, this process can be replicated by Cirdan to create, on demand, a Certificate based on any Index or combination of Indices available on the C8 platform.

Thanks for reading,

The C8 Team

Other posts

C8 Weekly Bulletin: Trend Following

BY ROBERT MINIKIN
Central banks have had to act aggressively to contain inflation expectations - leading to an unwinding of excess global liquidity and divergent responses across asset classes.  A return to "normal" financial markets, with less policy support for asset prices and higher market volatility.  In this context, there is also new investor interest in trend-following strategies that exploit diverging market dynamics. C8 Studio contains both high quality trend-following indices and innovative combination technology. Read more →

Is The Market Facing A Flashing Yellow or Red Light?

BY TEMATICA
Market Wrap Despite what can be described as an Oprah Winfrey-level amount of tariff… Read more →

C8 Weekly Bulletin:  Trendrating on US Bank Stocks

BY JON WEBB
C8 Technologies are delighted to announce that Trendrating will be adding 7 US and European equity indices to C8 Studio. They have been working with investors over the past 10 years to enhance equity portfolios, using a proprietary methodology which focuses on determining the ongoing trend in individual equities. Trendrating have just produced a timely report on US bank stocks which they have kindly allowed C8 to share. This illustrates that, whilst the Silicon Valley Bank failure had idiosyncratic issues, investors perceive a much wider problem with smaller US banks.  Read more →
Back to all posts →