Richfox Capital

Latest research

Peek into the kitchen

The purpose of this introduction is to present the most important properties of the latest update to our quantitative Value model resulting from a rigorous out-of-sample backtest that we have carried out over a long period of time covering market regimes ranging from stress periods to a steady bull market.

As it can be observed, the latest model remains loyal to our investing philosophy, fulfils all the expected characteristics and reflects the high degree of focus we keep on the risk side of the equation. In our quest to provide reasonable long-term return with significant downside protection vs. the broad equity market, it clearly exhibits particular resilience to downside shocks and lengthy drawdowns while still providing a superior return in the long haul. Given its unconstrained liquidity and low beta qualities, we believe it presents a valuable addition and diversification instrument to any asset manager’s toolbox.

Value IIMSCI WI
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