SQCF AEGIS QUANTITATIVE I
April 9, 2021
Current SQCF Aegis Quantitative I Program returns since Sep 2018 are up 788.15% as of March 31, 2021 after fees [unaudited], and actual maximum peak to trough loss was -9.48%.
A corresponding direct investment in Bitcoin was up 739.43% [unaudited], Maximum monthly loss however was -36.92%, peak to trough drawdown as much as -64%.
In March of 2020 when Bitcoin dropped roughly -25% for the month and -50% peak to trough over 48 hours, SQCF Aegis Quantitative I Program was net up 12.58%.
MARCH INVESTMENT REPORT
April 18, 2021
Aegis Quantitative I Program was down -1.11% (estimated) for March 2021.
As we look back at the cryptocurrency market development during the first quarter, a few key milestones are worth noting. Bitcoin reached another all-time high of US$61,000 on March 13. Cryptocurrencies as an asset class, led by Bitcoin and Ether, continued to draw attention from the institutional investors worldwide, as Bitcoin’s market capitalization surpassed US$1 trillion, nearly ten times its market value twelve months ago, and Ether’s market capitalization surpassed US$200 billion.
FEBRUARY INVESTMENT REPORT
March 28, 2021
Aegis Quantitative I Program was up 3.98% (estimated) for February 2021.
Our strategy’s correlation with Bitcoin was -0.01 for the month, while historical correlation with Bitcoin remains very low at 0.07 since inception of live trading.
Recent market research suggests that capital flow into cryptocurrencies, benchmarked by Bitcoin, is becoming more balanced between retail and institutional investors versus 2020 during which institutional investors made the predominant capital contribution to the industry.
JANUARY INVESTMENT REPORT
February 28, 2021
Aegis Quantitative I Program started the year on a high note, up 8.86% (estimated) for January 2021.
BTC continued its strong upward movement after the year-end, reaching US$40,000 level just 8 days into 2021. Our trading system was able to capture 13.6% gross returns over this strong momentum period. During January 10 & 11, cryptocurrency markets suddenly crashed with BTC down over 20% from peak to trough, and ETH and other major coins were down close to 30% from the top. Our strategy was up for both days and delivered +2.1% over this same 2-day period.