Performance

Strategy performance and attribution.

Transparent reporting of returns across our three systematic strategies, with detailed performance metrics, attribution analysis, and risk analytics updated quarterly.

Coming Soon

Performance data will be available once the fund is live. Contact us for more information.

Past performance is not indicative of future results. All returns shown net of fees.

Strategy Performance

Key metrics across our three core strategies, calculated since inception.

Global Systematic Equity
Since Inception Return +18.4% p.a.
12-Month Return +22.1%
Sharpe Ratio 1.82
Max Drawdown -8.3%
Volatility (Annualised) 11.2%
Alternative Data Alpha
Since Inception Return +24.6% p.a.
12-Month Return +31.2%
Sharpe Ratio 2.14
Max Drawdown -6.1%
Volatility (Annualised) 9.8%
Macro Momentum
Since Inception Return +12.8% p.a.
12-Month Return +9.4%
Sharpe Ratio 1.45
Max Drawdown -11.7%
Volatility (Annualised) 14.6%

Monthly Returns

Composite fund performance for the past 12 months.

Period
Composite Return
Benchmark
Excess Return
Q1 2026
+8.4%
+6.2%
+2.2%
Q4 2025
+5.6%
+4.1%
+1.5%
Q3 2025
+3.2%
+2.8%
+0.4%
Q2 2025
+6.1%
+4.9%
+1.2%

Performance Notes

Methodology

All performance figures are calculated on a time-weighted basis, net of all management and performance fees. Returns are calculated daily and reported monthly. We employ industry-standard calculation methodologies consistent with GIPS standards where applicable.

Benchmarks

Each strategy is measured against appropriate benchmarks reflecting its investment universe and mandate:

  • Global Systematic Equity: MSCI World Index
  • Alternative Data Alpha: FTSE All-World Index
  • Macro Momentum: Bloomberg Commodity Index + FX Baskets

Fee Structure

Cavari Capital operates under a transparent fee structure designed to align our interests with investors. Management fees vary by strategy, and performance fees are subject to a high water mark policy, ensuring fees are only charged on net new gains.

Reporting & Transparency

We provide comprehensive quarterly reporting including attribution analysis, factor exposure breakdowns, position-level risk metrics, and detailed commentary on market developments and strategy positioning. Our investor relations team is available to discuss performance and strategy at any time.