Please find attached the net return for September 2023 for standard and higher risk strategies.
Many of our strategies traded very little for the first 3 week of the month as the market liquidity was low and as a result there was very little movement in the market. This could be contributed to lack of financial news so the markets were in a hold pattern.
However, the last week of the month, the market looks like it has tried to catch up for the lack of trade with very large movements.
We currently carrying some higher than we like with drawdowns on some of our strategies. Further we decided to turn off the higher risk strategies for Coral Bay and Red Centre for a couple of days as they were rising to 30% draw down and as such, we did not want any further trades to be opened. We regularly monitor the strategies that carry higher drawdowns to wait to see what the market does. Coral Bay HR is back within our risk parameters but Red Centre HR is still being monitored.
Due to the lack of trading for the month and carrying open trades the returns for September are low.
As always, we take the long-term view and the strategies have traded with what the market presented us. Any queries, please do not hesitate to reach out to us.
Note we are still looking into updating our website to include the higher risk strategies. However other items have taken priority.

