Performance since inception
- Hedonova
- S&P 500
43.00%
Net IRR
A performance measurement equal to the internal rate of return after fees and carried interest are factored in.
17.39%
Alpha over S&P 500
Absolute percentage return above the S&P 500 in the same time period.
43.97%
CAGR
A measure of how much you have earned on your investments every year during a given interval.
Low correlation to stock markets
Our portfolio is well diversified across asset classes, geographies and risk profiles, providing security and peace of mind during turbulent market climates.
1.18
Standard Deviation
Standard deviation is the fluctuation of a fund from its mean. Investments with lower standard deviations tend to be consistent and predictable.
1.61%
Value at Risk
VaR depicts the stability of an investment over time by measuring tail risk or the chances of an extreme event.
1.08
Sharpe ratio
The measure of a financial portfolio's risk-adjusted return. A portfolio with a higher Sharpe ratio is considered superior relative to its peers.
Correlation to stock markets
Our portfolio of alternative assets is fundamentally independent of financial markets. As a result, it does not move in lockstep with the market, providing you with an uncorrelated investment.
Inter-asset correlation
We invest in multiple asset classes and employ a variety of investment strategies, ranging from short-term directional to income-sharing arrangements. They are not correlated in any way.
Diversified across the world
Risks we mitigate
Currency risk
Hedonova accepts investments in USD but may not necessarily invest using USD. This exposes investments to currency risk.
Macroeconomic
Government policies, as well as social and environmental issues, can have an impact on the value of your investments.
Regulatory
Alternative assets are subject to regulatory reform. This could impact your investments as well as the way we invest.
Emerging market
Emerging markets are riskier due to factors like political and economic uncertainty, inadequate liquidity, and typically poor disclosures and regulations, among others.