The strategy
Rules-based, multi-asset.
The strategy trades across four markets using a defined set of rules. The same rules run every day, in every market. The firm does not forecast. It follows the process.
How it runs
One process, executed the same way.
Positions are sized against fixed risk parameters, set in advance and applied uniformly to every trade. Drawdowns are capped at the portfolio level. Execution follows the plan regardless of market conditions — good months and bad months are run identically.
The firm does not take discretionary positions outside the defined mandate rules. There is no override, no market call, no change of approach after a difficult week. The rules exist because instincts are the least reliable thing in the room.
Universe
Four markets.
Diversification across uncorrelated return streams. When one market is quiet, others offer opportunities. The mandate rules are identical across all four.
Risk
Capital preservation first.
Risk is managed by construction rather than by intervention. Every rule about risk is written down, encoded, and enforced automatically.
Position sizing.
Each trade is sized as a fixed fraction of portfolio capital. Larger trades do not follow larger conviction — the rule applies identically to every position.
Portfolio-level exposure caps.
Aggregate exposure across all open positions is limited. The cap is set in advance and cannot be lifted intraday.
Automated stop-losses.
Every position has a predetermined exit before it is opened. Stops are enforced by the execution system, not discretion.
Daily drawdown limit.
If the portfolio falls by a defined percentage in a single day, trading halts automatically until the next session. The limit cannot be overridden.
Scope
What the strategy does not do.
No forecasting. The firm does not predict what oil will do in six months, or where Bitcoin settles next year. It manages what it can manage.
No discretionary positions. Every open position results from a defined rule firing. No positions are taken because they feel right.
No leverage beyond mandate caps. The rules set a maximum level of exposure. Exceeding it is impossible, not merely discouraged.
No marketing the strategy as something it isn’t. The strategy has losing months and will have losing years. It is rules-based because rules survive the bad stretches that discretion does not.
Next
See how it shows up in the mandates.
The same strategy runs across every mandate — the differences are term length and entry minimum, not method.