Altamira began with a universe of thousands of eligible funds, applying a quantitative model that reduced the field to 250. These 250 funds were further analyzed using our own quantitative Select Rating System™ to arrive at a final grouping of 17 funds.
The Select Rating System™
The select rating system is a multi-stage, quantitative fund selection process designed by the Altamira Financial Engineering team of Investment Specialists.
Selection Criteria
1. Screening Process:
The funds were screened to meet specific criteria:
- Minimum historical performance
- Active management mandate
- Only third-party funds in a trust structure
2. Quantitative Analysis
The funds are analyzed using a proprietary quantitative model.
- Value added by manager performance analysis (Jensen's alpha)
- Returns by unit of risk analysis (Treynor and Sharpe ratios)
- The downside risk analysis
- Other observations: holding based style consistency, correlation between funds, downside and upside capture ratios, validation of management team continuity, additional qualitative data provided by Aon Consulting.
3. Final Selection:
- Due diligence and final selection processes approved and monitored by Aon Consulting
