The performance of its US dollar fund has dropped sharply, Jiukun Investment held an investor communication meeting_Oriental Fortune Network

On February 18, the reporter was informed that the quantitative private equity Jiukun Investment held an investor communication meeting to discuss the “Ubiquant Asia Pacific Quantitative Hedge Fund” (referred to as Ubi Asia Fund) in January.performanceRetracement explains the situation. Jiukun Investment stated that the Ubi Asia Fund has passed the half-year closing period and can be redeemed normally, and the redemption fee for investors will be waived.

At the communication meeting, Jiukun Investment stated that Ubi Asia Fund is a product of Jiukun Investment’s overseas affiliates.fundThe scale is close to 200 million US dollars, and its product positioning and structure are completely different from Jiukun Investment’s domestic quantitative products. This drawdown is mainly due to Alpha retracement, exposure to market capitalization and leverage amplification.

Jiukun Investment emphasized that Ubi Asia Fund is a quantitative fund with high volatility and high risk that uses leverage.securities“Professional Investor” as defined in the and Futures Ordinance. The use of leverage to invest with the same source of profit and loss is the characteristic of Ubi Asia Fund. In January, the leverage of the fund was maintained at about 5 times. Out of confidence in the long-term development of the A-share market and its own quantitative strategy, Ubi Asia Fund will continue to maintain the investment style and leverage characteristics of Ubi Asia Fund.

It is reported that after September 2021, Ubi Asia Fund has maintained closed operation. At present, the half-year closed period of the fund has passed, and it can be redeemed normally, and the redemption fee for investors will be waived. The fund plans to open subscriptions in the near future, and only accepts additional additions from existing investors.

(Article source: ChinasecuritiesReport · China Securities Network)

Article source: China Securities Journal China Securities Network

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Original title: Jiukun Investment held an investor communication meeting