Our distinctive advantage is the combination of a Top Down Global Macro overlay with a Bottom Up quantitative strategy. We think that the combination of different analysis styles is what makes our investment approach unique. We use a dynamic mix of macro, fundamental and quantitative analysis. This dynamic use of fundamental and quantitative tools gives GRY an edge in generating returns in all kinds of market environments.
SBI Magnum Multicap Fund: An Open-ended Growth Scheme - March 17
Gcmp 2010
1. 08/31/10 Strictly Confidential This document does not constitute or form part of any offer to issue or sell, or any solicitation of any offer to subscribe or purchase, any interests in Gry Hedge Fund LP (the “Fund”) nor shall it or the fact of its distribution form the basis of, or be relied on in connection with, any contract thereof. Recipients of this document who intend to seek to purchase interest in the Fund are reminded that any such offer to purchase interests may be solely on the basis of the information contained in the Confidential Private Offering Memorandum (“PPM”) of the Fund. In the event the descriptions or terms in this presentation are inconsistent with the descriptions and terms in the PPM, the PPM will control. An investment in the Fund is speculative and involves a high degree of risk. Information contained in this presentation related to the investment return or performance of other funds may not be relied upon as representative or indicative of the level, nature or similarity to the prospective returns that Gry believes it can achieve. No reliance may be placed for any purpose on the information contained in this document or its accuracy or completeness. Investor Presentation GRY Hedge Fund LP Long/Short Global Hedge Fund with Macro overlay
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16. Risk Management 08/31/10 Strictly Confidential In order to dampen volatility a model has been implemented to hedge the portfolio in case of sudden market adverse movements. A single stock position cannot exceed 5% of the total portfolio or will face partial liquidation. A single stock position is generally at the 1.5% level. We analyze Maximum Capital at Risk and conduct Scenario Analysis
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19. Portfolio characteristics Snapshot 08/31/10 Strictly Confidential Equities Exposures April 2008 Gross 210% Long 85% Short 125% Net 40% Short Geographic Breakdown U.S.A. 85% Canada 5% Mexico 7.5% China 2.5% Market Cap Breakdown <$1 billion 7.70% $1 - $5 billion 26.92% > $5 billion 65.38% Sector Breakdown Energy 28% Industrial 16% Consumer Staples 16% Material 12% Healthcare 8% Technology 8% Consumer Discretionary 4% Financial 4% Telecom 4% Asset Allocation April 2008 Bonds (Tips) 20% Commodities 20% Equities 60% Index Breakdown Short Position SP 500 100%