Markov Balanced Fund
The Fund aims to deliver superior risk-adjusted returns targeting CPI + 5% per annum (after fees), through active, diversified, and data-enhanced portfolio construction — with an emphasis on capital preservation and consistent real growth.
Investment Strategy
A multi-strategy, AI-assisted approach combining systematic asset-allocation signals from Hidden Markov Models with fundamental analysis and ESG integration. The Fund seeks to generate CPI + 3–6% returns above cash (after fees) across market cycles, allocating dynamically across equities, bonds, property, and global assets to optimise return asymmetry and mitigate downside risk.
Investment Policy
The Fund targets CPI + 5% over time while aiming to minimise absolute loss. It uses an AI- and machine-learning–enhanced investment process to allocate across cash, fixed income, listed property and equities, both locally and globally. The portfolio may invest in listed and unlisted instruments, as well as collective investment schemes and ETFs, including offshore exposures where regulatory standards are appropriate. Derivatives may be used for efficient portfolio management and risk mitigation. The Fund is managed in accordance with Regulation 28 of the Pension Funds Act. Asset allocation may be varied in response to market conditions, and the manager reserves the right to close and reopen the Fund to new investors to protect mandate integrity.
