PERFORMANCE

The information contained herein is intended for qualified investors only, who are aware of associated risks and whose available investment capital may amount to at least 125,000 EUR or equivalent in another currency.

HISTORICAL GROSS PERFORMANCE [%]

COMPARISON OF WARP FUND DEVELOPMENT & US STOCK MARKET (DJIA)

WARP cumulative [CZK] – Performance of investment in CZK with expected exchange back to CZK (implies CNB exchange rate of USD stock price.)

DIFFERENCE OF WARP FUND DEVELOPMENT & US STOCK MARKET (DJIA)

CURRENT SITUATION

Month of June ended with an appreciation of +0.25%. Overall fund returns over the last 10 months (since its launch) is positive despite the COVID-19 crisis, thus 7.60%. We are also 9.84% more profitable than investment in the US stock market in the form of the DJIA index.

June was symbolized by a rapid recovery in the first days of the month and a subsequent slow decline due to the growing number of infected people in the United States.

At present, 2.68 million people in the USA have become infected, of which 826 thousand have recovered and 129 thousand have died, which corresponds to a lethality rate of 4.8%. According to experts, the number of people who are infected and do not know about it can be at least 5 times and more. Thus, the lethality rate can be 5 times smaller, below 1%. Many so-called experts likened COVID-19 and its impact on the population to the Spanish flu, where 50-100 million people died in times when global population was approximately 4 times lower. However, they could not be further from the truth, 511 thousand people have died of COVID-19 worldwide so far. There are still more people in the world dying from obesity-related diseases than from COVID-19.
Yes, no one could have guessed how the whole situation would turn out, and so there were exaggerated reactions of governments around the world. Today, however, we already know that this is not a virus that will destroy civilization, and we also know what measures will help to slow down its spread. Therefore, we will manage a possible next wave much better and there will be no need for such drastic measures and economic shutdown.
Sure, we will see more waves in the number of infected, but just like when you throw a stone in the water, all the waves disappear over time and connect to the water surface.

Therefore, we believe that there is no longer a large risk in the market and the possibility of further declines. If you are thinking about the timing of the investment, the US stock market (DJIA) is still 12.65% below its previous maximum. There is therefore the potential for growth and return on investment.

As we mentioned in the last report, the situation on the Czech bond market is really alarming. Companies that have raised their funds through “fixed” yield bonds are now closing down. Nobody anticipated the possibility of a decline in real estate prices in the Czech Republic and built their business plan as a house of cards. Many of the investors we meet have invested in these bonds and have now lost their investment.

We still see investing in the stock market as a good opportunity in the long run. We do not want to guarantee any fixed returns, because yes, the stock market is more volatile than the real estate market. However, its return to previous highs is much faster than in real estate and far more profitable due to our quantitative approach.

We have good news in the area of developing other investment strategies. We have developed our portfolio strategy for other markets. We will soon introduce you to the opportunity to use our mathematical model to invest in the German stock market (DAX) and in global ETFs for individual market indices.

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INVESTMENT APPROACH

  • We use a mathematical model created and tested by us to take care of the dynamic management of a managed asset portfolio.
  • We only invest in the largest and most stable companies that are traded on the US market (components of DJIA) and whose growth is stable.
  • We do not use market reports, but quantitative methods. The system is only interested in mathematics and historical price statistics.
  • We do not want short-term and risky profit; our goal is long-term and stable growth.
  • The fund is a growth fund – All profit is reinvested immediately to the market to create higher cumulative returns.

GROSS PERFORMANCE INFORMATION

INVESTMENT APPROACH

  • We use a mathematical model created and tested by us to take care of the dynamic management of a managed asset portfolio.
  • We only invest in the largest and most stable companies that are traded on the US market (components of DJIA) and whose growth is stable.
  • We do not use market reports, but quantitative methods. The system is only interested in mathematics and historical price statistics.
  • We do not want short-term and risky profit; our goal is long-term and stable growth.
  • The fund is a growth fund – All profit is reinvested immediately to the market to create higher cumulative returns.

GROSS PERFORMANCE INFORMATION

COMPARISON OF HISTORY SIMULATION OF WARP FUND DEVELOPMENT & US STOCK MARKET (DJIA)

Comparison of simulated and historical cumulative performance between WARP and DJIA-TR over the past 19.75 years. This is not a regular backtest, but a thorough simulation of market conditions. All results are before deducting the performance and management fee.

KEY INFORMATION

PORTFOLIO SETTINGS

  • The maximum threshold is twenty percent of portfolio per one stock, which ensures sufficient diversification even in the case of a smaller number of selected stock titles.
  • We constantly review and optimize our quantitative model for the best possible results.
  • All capital is always invested in long positions with an average holding period of 3-4 months. There is no need for leverage in our approach.
  • Our goal is to achieve balanced results from all possible angles. We take into account Recovery Time, Sharpe Ratio, Sortino Ratio and many more attributes in the final setup.

PORTFOLIO SETTINGS

  • The maximum threshold is twenty percent of portfolio per one stock, which ensures sufficient diversification even in the case of a smaller number of selected stock titles.
  • We constantly review and optimize our quantitative model for the best possible results.
  • All capital is always invested in long positions with an average holding period of 3-4 months. There is no need for leverage in our approach.
  • Our goal is to achieve balanced results from all possible angles. We take into account Recovery Time, Sharpe Ratio, Sortino Ratio and many more attributes in the final setup.

KEY INFORMATION

OVERVIEW OF ALTERNATIVE INVESTMENTS 

FEE STRUCTURE

%

Management fee

Annual fee charged for management used to cover fixed costs, such as accounting, office and internal costs.

%

Performance fee

Will help us with new technological improvements, an expansion of our team. It is calculated that way that we revenue only if our investor makes profits ( HWM).

%

Entry fee

We refused to cut our investor initial investment by often too frequent industry standard in non-transparent initial fees. We believe that long-term our investor will appreciate our low-costs. approach.

%

Exit fee

According to Warren Buffett is stock market instrument which redistributes wealth from inpatient to patient. That is why we want to eliminated this psychological obstacle by symbolic exit fee.

1-12 months= 3%
13-24 months= 2%
25-36 months= 1%
>36 months= 0%

*Management fee = Total Expense Ratio (TER)

Because we want to differentiate from other funds, we do not charge our investors any other costs above the management fee, but rather cover all costs from our management fee.

If you are bigger or institutional investor contact us for more preferable terms.

DOCUMENTS TO DOWNLOAD

WARP_FactSheet_EN

WARP_Investor_Statements_Sample

WARP_SubscriptionAgreement_EN

WARP_MonthlyReport_06_2020_EN

WARP_MonthlyReport_05_2020_EN

WARP_MonthlyReport_04_2020_EN

WARP_MonthlyReport_03_2020_EN

WARP_MonthlyReport_02_2020_EN

WARP_MonthlyReport_01_2020_EN

WARP_MonthlyReport_12_2019_EN

WARP_MonthlyReport_11_2019_EN

Years of experience of our team in the financial markets

Millions of dollars we managed in the US Hedge Fund

Years of testing and development of our investment ecosystem

DO YOU WANT TO KNOW MORE DETAILS? GIVE US YOUR CONTACT AND WE CAN SCHEDULE MEETING.

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Disclaimer

This website and the documents available on it are for informational purposes only and are not intended for the public. The information contained herein is intended only for qualifying investors who are aware of the risks associated with investing in this fund and whose repayment or investing in this fund may amount to at least EUR 125,000 or equivalent in another currency. Warp Capital Management s.r.o. is engaged in collective asset management of qualified investors, does not provide individual asset management or any other investment service, is not subject to supervision by the Czech National Bank and is registered with the Czech National Bank in the list of persons performing asset management comparable to management under Section 15 of Act 240/2013 Coll. on investment companies and investment funds. For more information, see Legislation and regulation 

Warp Capital Management (registration No.: 07957751) is a company incorporated in the Commercial Register administered by the Municipal Court in Prague under file No. C 310107. 

Headquarters

Bělehradská 858/23,
120 00, Praha 2

Office

Prvního pluku 621/8A,
Karlín, Praha, 186 00

Contact details

Notice

This website and the documents available on it are for informational purposes only and are not intended for the public. The information contained herein is intended only for qualifying investors who are aware of the risks associated with investing in this fund and whose repayment or investing in this fund may amount to at least EUR 125,000 or equivalent in another currency. Warp Capital Management s.r.o. is engaged in collective asset management of qualified investors, does not provide individual asset management or any other investment service, is not subject to supervision by the Czech National Bank and is registered with the Czech National Bank in the list of persons performing asset management comparable to management under Section 15 of Act 240/2013 Coll. on investment companies and investment funds. For more information, see Legislation and regulation. Warp Capital Management (registration No.: 07957751) is a company incorporated in the Commercial Register administered by the Municipal Court in Prague under file No. C 310107.