ALPHA

Alpha is the first program offered by Revolution Capital Management.  Alpha targets a low correlation to trend-following benchmarks, and its goal is to profit from trends yet not participate in them uniformly.  Instead, Alpha looks for opportunities where the trend experiences dislocations and then attempts to discern whether the trend will resume or instead reverse.

Alpha is a diversified program and trades 33 markets across all major market sectors, including foreign stock indices and interest rates.  The average holding period is four days, the average margin-to-equity is 8% (the maximum value is about 17%), and the program targets a 12% annualized volatility based on daily returns.

Alpha provides a return stream that marginally correlates to trend-followers, on average, but it attempts to profit when trends are weak to moderate, which by definition is distinct from pure trend following.

MOSAIC INSTITUTIONAL

Mosaic Institutional is a short-term system that targets zero correlation to trend-following on a monthly basis.  It is intended as a pure diversification vehicle relative to the majority of trend-exploiting systems offered by CTAs. 

Mosaic opportunistically seeks profit opportunities both aligned with and opposed to the prevailing price trends.

Mosaic is a diversified program and trades 33 markets across all major market sectors, including foreign stock indices and interest rates.  The average holding period is three days. Mosaic has an average margin-to-equity of 8% (the maximum value is about 17%) and targets a 12% annualized volatility based on daily returns. 

The Mosaic system provides a return stream that is completely independent of trend-following performance, on average, and it thus has the potential to provide valuable diversification to a multi-strategy portfolio.