Database/Tempest CTA Fund
HedgeF018 · Vintage 2010Open

Tempest CTA Fund

Tempest Trading

Diversified medium-term trend-following across 80+ liquid futures markets.

Managed FuturesTrend-Following CTAGlobalArticle 6
Performance · since fund launch

Cumulative net return

-34.3%
since inception · +-3.4pp vs benchmark
-60%-40%-20%0%20%2020 Q12020 Q32021 Q12021 Q32022 Q12022 Q32023 Q12023 Q32023 Q4
QuarterQuarterly returnSharpevs bench (pp)
2022 Q1-1.4%0.23-1.90
2022 Q2+0.2%0.48-1.12
2022 Q3-1.4%0.14-3.24
2022 Q4-2.0%0.16-3.25
2023 Q1+0.3%0.38-1.80
2023 Q2-3.6%0.14-5.38
2023 Q3-2.4%0.49-4.45
2023 Q4-4.4%0.25-5.51

Terms

Target fund size£2.5bn
Current AUM£1.9bn
Min ticket£1m
Max ticket£200m
Target net IRR8–12%
Lock-up0 years
Management fee1.00%
Carry / performance20%
BenchmarkSG Trend Index
ESG / SFDRArticle 6
Liquidity

Daily liquidity for institutional class.

Investment highlights

  • Whipsawed by 2023–24 trend reversals after strong 2022
  • Repositioning underway — reduced commodity gross

Top 5 holdings

Largest positions · % of fund · simulated
  • Highgate Realty12.1%
  • Atlas Industries12.0%
  • Solace Insurance9.2%
  • Redwood Capital8.5%
  • Driftwood Media4.9%