Designed to generate attractive risk-adjusted, uncorrelated returns to stocks and bonds
Seeks to harvest alternative return premia of carry, momentum, and value
Through adherence to a broadly transparent, rules-based investment process, the Global Macro strategy seeks to harvest the alternative return premiums of carry, momentum, and value via prudently leveraging long–short exposures to a broad array of 50+ liquid derivatives contracts in various stock, bond, currency, commodity, and volatility markets.
The strategy’s rules-based process is broadly transparent (reducing governance requirements), focuses on liquid markets, and utilizes banding to ensure that only meaningful signals are traded on—lowering overall portfolio turnover and transaction costs. The cost-minimizing structure of Global Macro allows it to have fees significantly lower than traditional hedge funds.
Utilizes leveraged long–short exposures to liquid derivatives contracts across asset classes and geographies
Adopts a rules-based, transparent, low-cost structure
For information on how to invest in Parametric Research Affiliates Systematic Global Macro, click below.
The alternative factor premia of carry, momentum, and value may be combined to produce an attractive and diversifying source of investment return relative to the low yields and low returns of mainstream stocks and bonds.
You are now leaving the Research Affiliates, LLC website. The following link may contain information concerning investments, products or other information. Research Affiliates, LLC is not responsible for the accuracy or completeness of information on non-affiliated websites. The material available on non-affiliated websites has been produced by entities that are not affiliated with Research Affiliates, LLC. Descriptions of, references to, or links to products or publications within any non-affiliated linked website does not imply endorsement of that product or publication by Research Affiliates, LLC. Any opinions or recommendations from non-affiliated websites are solely those of the independent providers and are not the opinions or recommendations of Research Affiliates, LLC, which is not responsible for any inaccuracies or errors. THIS INFORMATION IS NOT AN OFFER TO BUY OR A SOLICITATION TO SELL ANY SECURITY OR INVESTMENT PRODUCT. SUCH AN OFFER OR SOLICITATION IS MADE ONLY BY THE SECURITIES' OR INVESTMENT PRODUCTS' ISSUER OR SPONSOR THROUGH A PROSPECTUS OR OTHER OFFERING DOCUMENTATION.