Spectron FX Fund

Investment Objective

The investment objective of the Fund is to generate all weather risk-adjusted absolute returns.

Investment Strategies

In order to achieve the investment objective, the Investment Manager will invest in G10 currencies deploying a fundamental trend following strategy, and a tactical trading strategy to capture opportunities. The basis of the investment approach will effectively quantify key FX fundamental drivers (economic growth and monetary policy) by analyzing macro and forward‐looking market (equity, interest rate and FX) data and express the Investment Managers views through the positions held in the portfolio.

The Fund will only trade G10 currency spots including the United States dollar, Euro, Pound sterling, Japanese yen, Australian dollar, New Zealand dollar, Canadian dollar, Swiss franc, Norwegian krone, and Swedish krona because of liquidity, continuous price availability, and transparency of market information given.

The investment manager will seek to achieve the investment objective by employing (primarily but not limited to):

Fundamental, Trend Following:

Currency cycles are driven by fundamental factors, which will result changes of the currency pair long term fair value. If the target fair value changes in the long term, the Investment Manager may actively follow the trend of fair value change by short positions against the fair value of decreasing currency pairs. It may also take long positions on the fair value increasing currency pairs. When the long-term fair value related trading opportunity appears, the Investment Manager will close the opposite short-term positions.

Tactical Trading:

Tactical trading strategy is commonly used when there is no major change in fundamental factors, so currency price fluctuates around the fair value. To capture inefficiencies, the Investment Manager will short overvalued currencies and long undervalued currencies. The Investment Manager will not predict the movement of the price, rather it will only attempt to follow the trend patterns based on analysis of historical price patterns and technical indicators, political events and financial market expectations of currency pairs.  

Portfolio Manager
Chuan Hong

Mr. Hong is the founding member of the Investment Manager and serves as the Investment Manager’s sole portfolio manager. Mr. Hong began his financial career as an FX trader in 2012 and has more than 6 years of proprietary trading experience in trading currencies. Mr. Hong received his Bachelor of Science Degree in Chemistry from Imperial College of London

Fund Facts
Cayman Islands
Denomination Currency
Fund Launch Date
January 2019
Investment Manager
Spectron Capital
Investment Advisor
OP Investment Management Limited
Asset Class
Currency spots
Country and/or Industry Focus
G10 Nations
Benchmark Index
Prime Broker
Legal Counsel
Last updated: August 2020

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