14 Jun 2018 Progressive Capital Partners launches Tulip Trend Fund in UCITS form
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Fifteen years after the launch of Tulip Trend Fund in 2003, Progressive Capital Partners has announced the expansion of its trend-following offering with a UCITS version of Tulip Trend Fund.
Both the original Tulip Trend Fund and the UCITS version are sub-advised by Transtrend, a Rotterdam based CTA. The underlying strategy is Transtrend’s Diversified Trend Program (DTP), a systematic medium-term trend-following trading strategy. Historically, the strategy has shown strong diversification benefits particularly in equity bear markets (crisis alpha).
The new Tulip Trend Fund UCITS is expected to have a volatility of approximately 15%, while the current Tulip Trend Fund (Cayman) is traded pursuant to 2 x the Enhanced Risk profile of Transtrend’s DTP with a historical volatility of around 28%.
Further details are available through this link
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