AlgoBot Limited

Topaz Family Office Limited AlgoBot Multi-Strategy Portfolio: September 2024 Performance Overview We’re excited to share the September performance for the Topaz AlgoBot Multi-Strategy Portfolio. In September 2024, the Topaz AlgoBot Multi-Strategy Portfolio delivered a commendable performance, achieving a gain of 2.30%, after accounting for fees. Year-to-date, the portfolio has shown impressive growth of 5.43%. This reflects the portfolio's robust trading strategies amidst evolving market conditions. One of the standout contributors to this month's performance was the U.S. stock trading algorithm, which successfully captured the upward momentum of the SPY, or the S&P 500 ETF. With the S&P 500 continuously setting new all-time highs, this segment significantly contributed to the overall gains for September. The algorithmic strategies employed in U.S. equities not only identified profitable opportunities but also effectively locked in profits by closing out positions at the right time. This precise timing is key to maximizing returns. Next, let’s talk about the foreign exchange trading algorithms, which played a pivotal role in the portfolio's success. Throughout September, these algorithms focused primarily on purchasing Euros, capitalizing on the anticipated weakening of the U.S. dollar due to expectations of a potential 0.5% interest rate cut. Interestingly, on the final day of September, the Euro trading algorithm adjusted its strategy by shifting to a short position on the Euro. This decision proved timely, as comments from Federal Reserve Chairman Jerome Powell indicated a more hawkish monetary stance. As the market continues to evolve, the Topaz AlgoBot is well-positioned to leverage its advanced trading strategies, ultimately benefiting its investors. Rex Tsang, CFA Disclaimer: The content on this webpage is not investment advice and does not constitute an offer, solicitation, or recommendation for any investment product. This information is for general purposes only and does not take into account your individual needs, investment objectives, or specific financial situation. #FamilyOffice #AlgoBot #Investment #Algorithm #FinancialMarket

Topaz AlgoBot Multi-Strategy Portfolio & August Portfolio Performance Update Topaz Family Office Limited, Rex Tsang, CFA is thrilled to present and introduce Topaz AlgoBot along with the newest updates on its August Multi-Strategy Portfolio Performance. Topaz AlgoBot Multi-Strategy Portfolio is a multi-algorithm strategy hedge fund, which focuses on global currencies, equities and commodities. Risk Management, Capital Allocation & Algo Acquisition are the three cornerstones of AlgoBot’s business. AlgoBot uses an integrated basket of algorithms approach minimizes the impact of underperformance in one strategy by potentially benefiting from the success of others. It demonstrates consistent risk adjusted return with low correlation to traditional asset class. Fostering cross strategy ideas, which allows for the discovery of alpha return that exists at the intersection of strategies. In August, the portfolio delivered a modest return of +0.14%, bringing the year-to-date performance to +3.06%. The strategy focused on diversifying asset class risks to achieve stable, positive returns. Despite extreme volatility in the U.S. stock market, which saw sharp declines followed by new highs, the AlgoBot rebounded in the final days of the month. Notably, the EUR/USD trading strategy captured significant fluctuations during mid-month, achieving its highest three-month return. However, a pullback in the euro during the last three days narrowed some of those gains, which were offset by positive returns in the U.S. equities. Overall, the complementary nature of various asset classes and the consistent performance of each algorithm have effectively managed risk, contributing to a stable outcome for the portfolio. Rex Tsang, CFA #FamilyOffice #Investment #AlgoBot #Algorithm #RiskManagement Disclaimer: The content on this webpage is not investment advice and does not constitute an offer, solicitation, or recommendation for any investment product. This information is for general purposes only and does not take into account your individual needs, investment objectives, or specific financial situation.