The Dynamis Currency Fund (the Fund) is a wholesale managed investment scheme with a global macro focus on the foreign exchange market. The Investment Manager of the Fund is Rochford Funds Management Pty Limited. The Fund is predicated on the notion that exposure to currency provides portfolios with good diversification due to the lack of correlation with other asset classes. The Fund draws upon the experience of the executive team in funds management as well as in managing currency, interest rate and commodity risk for some of the world’s largest companies.
The Fund’s investment objective is to achieve a target return of 8-12% per annum over the term of the Fund (net of fees and costs)1 from the successful management of the Fund’s investments in currency derivatives, including spot contracts, forward contracts, options and futures contracts. The Fund will invest in G10 Currencies.
The Fund’s investment philosophy uses a top down approach to determine which G10 Currencies are likely to outperform over a short to medium-term time horizon from an analysis of domestic economic conditions. The Investment Manager recognises the limitations and difficulty in achieving alpha on an intra-day and longer-term basis, so positions are not taken over these timeframes. The Fund focuses on fundamental and technical analysis to generate trade ideas with solid money management decisions to limit risk. A broad macroeconomic view is taken in line with how the managers expect global economic conditions to perform. Technical analysis is then used to give decisive entry and exit points and stops for trades.
The Fund is only available to Australian resident wholesale clients within the meaning of section 761G of the Corporations Act 2001. Wholesale clients can obtain a copy of the Information Memorandum by downloading it from the right hand side of this page.
Investors should review the Fund’s Information Memorandum in its entirety before deciding to make an application. If, after reading the information Memorandum, you are unclear in relation to any matter or if you have any questions about the Fund, you should contact your accounting, tax, financial or other professional advisor.
1 The target return represents a target return only and not a forecast. There is no guarantee that the target return stated in the Fund’s Information Memorandum will be achieved.