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Kristal Founders Fund

Very High RiskDiversified
Kristal Founders Fund
Issued by:Kristal
Unit Price (NAV) : $
Minimum investment: $
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Kristal Founders Fund

Kristal Founders Fund

Fund Strategy

Kristal Founders Fund (KFF) is a Macro hedge fund structured as a Singapore VCC sub-fund. The fund invests across all major global exchange traded asset classes. Asset Allocation is based on risk parity principles. Tail risk hedges are deployed on equity exposures, which could be 50 to 100% of portfolio and use index options and volatility indices. Upto 2X of NAV Leverage may be used opportunistically to benefit from market dislocations. The fund targets an IRR of 18% - 20% and may have large monthly drawdowns in line with Equity markets - as tail risk hedges typically kick in upon a 10% fall.

About Kristal

Kristal Advisors holds a CMS licence for fund management from MAS and the group is licensed in multiple countries since 2016. Asheesh is the Portfolio Manager and CEO of Kristal.Ai. He has over 15 years of experience in Financial services, having previously worked for JP Morgan, BNP Paribas and KrisCapital, another macro hedge fund. He has committed more than 60% of his personal Investment Capital in KFF. The fund is also monitored by Kristal’s Investment Committee and team of professionals

Fact Sheets & Reports

lockKFF Introduction Deck : 2021lockKFF Factsheet April 2021lockKFF Factsheet March 2021lockKFF Factsheet February 2021

Other funds from Kristal

  • Future Vision Kristal

    Overview: The Future Vision Equity pooled strategy invests in single name equities that are aligned with themes in disruptive industries which will play a more important role in the next decades ahead.
    The core themes that have been identified are:

    Biotechnology and Genome research: Medical advances with the help of AI and reduced cost for genetic editing have the potential to disrupt the healthcare industry in years to come. We are looking specifically for companies in the sector of life sciences, genetic solutions for cancer treatment, Human-Machine-Interface technologies, etc.
    Water & Food: We may run out of clean water, and while we might not run out of food in the foreseeable future, there is certainly, a need to become more efficient and sustainable in the way how we feed a growing world population. The investments will be predominantly in companies in the Agricultural/Food Tech space, Water companies (Technology or utility) or environmental management companies.
    Cybersecurity: The cost of cybersecurity at an average level has increased by over 72% in the past 5 years, and 13% alone from 2017 to 2018. An Accenture Study about the cost of cybercrime states that the Value at Risk from Cybercrime in the global economy is rising, and so is the cost of prevention.
    Renewable Energy/Electrification: We do not think that global warming is a hoax, therefore investment in the renewable energy space will continue to grow and transform the way how we produce and consume energy in decades to come. Investments can for example take place in companies which are either Renewable Energy generators or provide technology that reduces carbon emissions, but also companies at the heart of the trend towards further electrification, specifically energy transmission and battery technology.
    Selection of Companies: Through thorough fundamental research of the companies from an initial shortlist, we identify the ones with a technological and commercial advantage over others

  • Dream Team

    1. Star selection
    The Dream Team is a portfolio that invests in 20 to 30 of the best companies in the world.

    The strategy starts from filtering the world universe by the best brands according to brand research specialists. Then companies' financials are analysed and companies ranked according to well-established factors including value, growth, momentum, quality, sentiment, balance sheet strength, low risk and ESG metrics.

    Brand can be seen as a key component of the concept of moat used by Warren Buffett and Charlie Munger to select "Great businesses at fair prices". If anything, the value of brands tend to grow with the globalisation and digitalisation of consumption.

    2. Teamwork
    The final selection identifies the leaders by sector and balances the portfolio by country, region and currency according to global equity indices weights so that the portfolio is well diversified.

    The output is a concentrated portfolio diversified between the developed markets main regions, currencies and sectors that is able to provide exposure to the main equity markets in a sustainable way.

    A long term perspective and low turnover is to be expected. This strategy is ideal for investors with a long time horizon looking to gain exposure to large cap equities.

  • Guru Index

    Guru Index Kristal is an open-ended pooled account strategy ideal for investors looking to gain exposure to strategies of various gurus and value investment equities that can provide long term capital appreciation

  • Long Duration Bond Strategy

    Long Duration Bond Strategy is an actively managed, open-ended and pooled account strategy. It invests in USD denominated long term fixed income instruments and fixed income ETFs with a medium to long term investment horizon. It targets no leverage in the fund and tends to have a higher weightage of BBB- rated instruments on average and hence is ideal for investors looking for relatively high returns

  • Future Vision Kristal

    Overview: The Future Vision Equity pooled strategy invests in single name equities that are aligned with themes in disruptive industries which will play a more important role in the next decades ahead.
    The core themes that have been identified are:

    Biotechnology and Genome research: Medical advances with the help of AI and reduced cost for genetic editing have the potential to disrupt the healthcare industry in years to come. We are looking specifically for companies in the sector of life sciences, genetic solutions for cancer treatment, Human-Machine-Interface technologies, etc.
    Water & Food: We may run out of clean water, and while we might not run out of food in the foreseeable future, there is certainly, a need to become more efficient and sustainable in the way how we feed a growing world population. The investments will be predominantly in companies in the Agricultural/Food Tech space, Water companies (Technology or utility) or environmental management companies.
    Cybersecurity: The cost of cybersecurity at an average level has increased by over 72% in the past 5 years, and 13% alone from 2017 to 2018. An Accenture Study about the cost of cybercrime states that the Value at Risk from Cybercrime in the global economy is rising, and so is the cost of prevention.
    Renewable Energy/Electrification: We do not think that global warming is a hoax, therefore investment in the renewable energy space will continue to grow and transform the way how we produce and consume energy in decades to come. Investments can for example take place in companies which are either Renewable Energy generators or provide technology that reduces carbon emissions, but also companies at the heart of the trend towards further electrification, specifically energy transmission and battery technology.
    Selection of Companies: Through thorough fundamental research of the companies from an initial shortlist, we identify the ones with a technological and commercial advantage over others

    Kristal Founders Fund