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Program Details

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Tungsten Capital Management GmbH 

Tungsten TRYCON AI Global Markets

Manager: Michal Guenther

Address: Hochstrasse 35-37, Frankfurt am Main, 60313, Germany

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RETURNS.

Overview

Program Type:CTA
Inception Date:Feb 17, 2010
AUM:$70,000,000
QEP:Yes
Incentive Fee:20%
Annual Mgt Fee:1.45%
Min Investment:$100,000
Disclosure Doc:View
Performance Program S&P 500
Total ROR:13.27%225.95%
Annual ROR:1.18%11.81%
YTD:4.09%8.34%
1 Year:1.76%19.61%
Alpha:0.11
Beta:0.00
Statistics Program S&P 500
Average Monthly Gain:1.09%77.09%
Average Monthly Loss:-1.06%-3.26%
Winning Months:6986
Losing Months:5841
Current DD:4.490.00
Max DD:13.7220.00
Sharpe Ratio (RF 1%):0.04
Annualized Std Dev:4.82

Methodology

Discretionary:0%
Systematic:100%

Strategy

StrategyMulti-Strategy
DirectionalLong / Short
Holding PeriodLong & Short Term
---------------------------
Quantitative:100%

Monthly Returns as Percentage by Year

JanFebMarAprMayJunJul AugSepOctNovDecYTD
2020-0.390.323.32-0.28-0.901.051.29-0.334.09
2019-1.55-0.643.500.86-0.641.581.351.88-0.57-1.981.92-1.584.04
2018-0.78-3.39-1.37-1.11-0.64-1.090.47-0.50-1.400.00-0.57-0.21-10.14
20170.570.10-0.58-0.53-0.68-0.640.450.18-0.551.000.11-0.61-1.19
20162.271.42-0.50-0.420.491.36-0.18-0.150.88-0.64-0.701.215.10
20151.740.71-1.390.51-1.230.43-0.370.830.620.410.59-3.96-1.23
2014-0.090.54-1.580.861.432.073.511.160.76-0.262.320.1911.36
20132.06-1.131.190.03-1.63-4.920.43-2.290.250.911.580.09-3.58
2012-0.161.22-0.74-0.620.88-0.991.43-1.701.91-1.751.12-0.53-0.02
2011-1.53-0.17-1.742.53-0.51-1.140.681.880.37-2.180.271.33-0.33
20100.230.390.152.261.56-0.622.140.050.80-2.371.396.05

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RETURNS.

Program Info

The Tungsten TRYCON AI Global Markets pursues a systematic multi-asset long/short strategy. Since September 2013, it uses quantitative models based on Artificial Intelligence to identify trading opportunities in the financial markets. Periodic re-learning leads to regular updates of the models. The investment universe comprises some 60 global equity, bond, interest rate and currency markets. In these markets, the fund can take both long and short positions using regulated, liquid and exchange-traded financial instruments. The portfolio is dynamically adjusted to changing market conditions in accordance with a strict risk management. The strategy is characterized by low correlation with traditional investments.

Company Info

Tungsten Capital Management was founded in May 2006 in Frankfurt am Main. Tungsten Capital Management is focused on a wide range of investment funds and strategies. Tungsten Capital Management with its brand "Tungsten Investment Funds" is the institutional fund management arm of the "Corecam Investments Group".

Manager Info

Michael is one of the two fund managers of Tungsten TRYCON Basic Invest HAIG. He is also a managing partner of TRYCON G.C.M. AG since 2002, where his responsibilities include the investment strategy of previously two funds (now merged into one) which were launched in 2007 and 2010 respectively, in cooperation with Hauck & Aufhaeuser Investment Gesellschaft S.A.. His primary focus besides portfolio management is the proprietary portfolio and risk management software, which was built entirely in Matlab. Michael graduated as a Media Engineer (FH).