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
Compare with
| Fund vs indexes | 1Y | 3Y | 5Y | Per year since launch | Yearly volatility | Largest drop |
|---|---|---|---|---|---|---|
| Tempest CTA Fund | -13.2% | -23.6% | — | -9.6% | 3.9% | -31.5% |
| HFRI Fund Weighted Composite(illustrative) | +4.5% fund -17.8pp | +12.1% fund -35.7pp | — | +4.8% fund -14.4pp | 3.9% | -4.0% |
| S&P 500 Total Return | +26.3% fund -39.5pp | +33.1% fund -56.7pp | — | +19.7% fund -29.3pp | 18.2% | -23.9% |
| STOXX Europe 600 | +12.7% fund -26.0pp | +20.0% fund -43.6pp | — | +11.4% fund -21.0pp | 13.7% | -20.5% |
Sources: HFRI FWC — Illustrative mock data · S&P 500 TR — Yahoo Finance (^SP500TR) · STOXX 600 — Yahoo Finance (^STOXX, price index). Index data aligned to the fund's quarter ends.
| Quarter | Quarterly return | Sharpe |
|---|---|---|
| 2022 Q1 | -1.72% | 0.23 |
| 2022 Q2 | +0.23% | 0.48 |
| 2022 Q3 | -1.71% | 0.14 |
| 2022 Q4 | -2.52% | 0.16 |
| 2023 Q1 | +0.33% | 0.38 |
| 2023 Q2 | -4.67% | 0.14 |
| 2023 Q3 | -3.24% | 0.49 |
| 2023 Q4 | -6.23% | 0.25 |
Terms
Target fund size£2.5bn
Current AUM£1.9bn
Min ticket£1m
Largest investment accepted£200m
Target net IRR8–12%
Minimum time investors must stay inN/A
Management fee1.00%
Carry / performance20%
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%