FAQ

What is a hedge fund ?

Hedge funds are alternative investments using pooled funds that may use a number of different strategies in order to earn active return, or alpha, for their investors. Hedge funds may be aggressively managed or make use of derivatives and leverage in both domestic and international markets with the goal of generating high returns (either in an absolute sense or over a specified market benchmark). Because hedge funds may have low correlations with a traditional portfolio of stocks and bonds, allocating an exposure to hedge funds can be a good diversifier.

Each hedge fund strategy is constructed to take advantage of certain identifiable market opportunities. Hedge funds use different investment strategies and thus are often classified according to investment style. There is substantial diversity in risk attributes and investment opportunities among styles, which reflects the flexibility of the hedge fund format. In general, this diversity benefits investors by increasing the range of choices among investment attributes.

Legally, hedge funds are most often set up as private investment limited partnerships that are open to a limited number of accredited investors and require a large initial minimum investment.

What is high watermark ?

The highest peak in value that an investment fund/account has reached. This term is often used in the context of fund manager compensation, which is performance based.

What is absolute return and relative return ?

In general, a mutual fund seeks to produce returns that are better that its peers, its fund category, and/or the market as a whole. This type of fund management is referred to as a relative return approach to fund investing. As an investment vehicle, an absolute return fund seeks to make positive returns by employing investment management techniques that differ from traditional mutual funds.

Absolute return investment techniques include using short selling, futures, options, derivatives, arbitrage, leverage and unconventional assets.

How can i invest in Neutrino ?

We take in new subscriptions once a month. The redemption is also monthly. Get in touch with us to get the latest performance details and to discuss your investment goals.

How is the NAV calculated ?

The Net Asset Value (NAV) of each Unit in the Fund, whether a designated category or otherwise is determined in accordance with the provisions of the Articles as follows:

The Net Asset Value of each unit shall be determined by the Directors or by the Administrator on their behalf on a day to day basis based on the MTM value of positions held at all the brokers where the hedge fund operates.

The Net Asset Value of the Fund shall be the value of all the assets less all the liabilities attributable to the Fund (calculated on the basis set out herein). The assets of the Fund shall be

  1. i) all cash in hand, on loan or on deposit, or on call including any interest accrued
  2. ii) all bills, demand notes, promissory notes and accounts receivable;

iii) all bonds & equities, derivative insturments owned or contracted for by the Fund other than rights and

  1. iv) all stock and cash dividends and cash distributions to be received by the Fund securities issued by it; and not yet received by it but declared payable to stockholders of record on a date on or before the day as of which the Net Asset Value of the Fund is being determined;

The Net Asset Value per Unit in the Fund shall be calculated by dividing the Net Asset Value of the Fund by the number of units in issue in respect of the Fund. Any calculation shall be made by or on behalf of the Partners and shall except in the case of manifest error be binding on all persons. Any partner of the Company or authorized chartered accountant of the Company will certify the Net Asset Value and any such certificate is conclusive except in the case of manifest error.

What are the risks involved ?

An investment in the Fund involves certain considerations and risks.

Accordingly, before deciding to invest in the Fund, prospective investors should carefully consider these risks (including but not limited to impact of government policies, title, litigation, lack of operating history) together with all the information contained in this Memorandum, and seek independent investment advice. There can be no assurance that the Fund’s investment objective will be achieved.