Focus: The Nomura Pure Alpha Certificate’s underlying, Südprojekt Fund Market Neutral DWS, takes a long position in potentially outperforming equity funds versus a short position in the relevant benchmarks.
The result of this process is the outperformance of the target fund over its benchmark, which is typically leveraged by a factor of five.
The ability to pick the right fund, and to enter and exit it at the right time, are crucial to the generation of alpha - and is achieved by running a proprietary model.
|