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Audentia FX UCITS Fund Launches On Alpha UCITS Platform

Forte Securities has today launched the Audentia FX UCITS Fund on the Alpha UCITS Platform. The Audentia FX strategy seeks to achieve risk-adjusted absolute returns uncorrelated from equities and credit by trading mainly in G10 currencies.

Forte Securities applies a series of quantitative and discretionary investment strategies and models, including models working with artificial intelligence, to evaluate currencies, with the aim of identifying and exploiting short and medium-term opportunities in selected FX pairs. These multiple strategies and models have both a short-term horizon (intraday day trading) and a medium-term horizon, depending on the market volatility and daily volumes and behaviour of the market.

Forte Securities' Paolo Zuolo said “This is an important moment for Forte Securities to launch a UCITS version of the successful Audentia FX investment strategy. We believe the Audentia FX UCITS will offer attractive portfolio benefits to long only and alternative investors in the UCITS space. The strategy has historically been uncorrelated with equities and bonds.”

Alberto Llaneza, CEO of Audentia Capital, added “We always seek to partner with leading players in each field and it couldn’t be less for this very important project of launching a UCITS Fund. We are confident that the combination of Audentia Capital’s award-winning strategies and our partners’ infrastructure will result in a fund with a superior risk-return.”

The strategy has a track record since 2015. As per the end of February 2020, the Audentia FX strategy in previous vehicles has returned on average 6.78% net p.a. with an annualised volatility of 5.9%, which is equivalent to a Sharpe ratio of 1.3x.

Stephane Diederich, CEO of Alpha UCITS, commented: “We are delighted that Forte Securities are launching a third fund on the Alpha UCITS Platform. The fact that we have been able to launch a fund during the covid19 crisis shows how tight our links with investors and how operationally robust our platform is. The value proposition of the Audentia FX Fund is to propose a UCITS regulated investment with attractive returns and with little correlation to equities and credit.”

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