The Arca Investment Programme is a quantitatively managed individual investment account for professional investors targeting returns of 15-17% per annum with low volatility. The Programme provides investors with a capital protection trigger of 85% of capital invested.
Programme Investment Manager
The promoter of the programme is Old Park Capital. Old Park Capital was established by Bruno Pannetier in 2009 . Prior to founding Old Park Capital, Mr. Pannetier managed $4 Billion in client assets as a senior Managing Director with Bear Stearns, London.
Programme Investment Advisor
The advisor to the programme is Tremont Capital. Tremont Capital was established in 2009 with the objective of designing robust quantitative strategies which deliver consistent returns with low volatility and a strong emphasis on capital preservation. The Investment Programme is based on 5 years research and refining of the Arca Strategy.
The Investment Strategy
The Investment Programme is an absolute return strategy with an intra-day trading style seeking to achieve consistent daily returns from the market. The Programme will trade liquid indices, commodities and currencies both long and short the market. Typically no more than 0.5% of investors’ capital is risked per trade and the total target value at risk at any one time is 3.5% of investors’ capital. The Investment Programme ensures tight risk management and investors funds will cease to be traded if account levels of less than 85% of capital invested is breached.
How Are Funds Invested & Minimum Investment
Each investor opens a segregated brokerage account with Interactive Brokers. The Arca Investment Programme Strategy is then executed on behalf of each individual investor. The minimum investment required for the program is €50,000 per brokerage account.
Investor’s capital is always in their own individual segregated brokerage account. Old Park Capital and Tremont Capital never have access to clients’ funds. The brokerage firm selected for clearing trades is Interactive Brokers, one of the largest US brokerage firms with over $5 billion in equity capital. Investors segregated brokerage account in turn has an individual segregated bank account with Global Banking Group, Citigroup
Term & Access to Funds
The minimum investment term is 1 year. Investors do have access to their funds at any time subject to one days notice. An early exit fee of 3% will apply within the first year.
The returns generated on each segregated account provided should be deemed subject to capital gains tax of 33% under Irish legislation and any gains can be offset against previous capital gains losses. Please refer to your tax adviser or accountant for professional advice as Tremont Capital do not provide taxation advice.
The Arca Investment Programme is intended for Professional Investors and Eligible Counterparties. The Strategy is a high risk investment and investors considering the Strategy should only invest if they are comfortable losing a part or all of their original invested capital. Investors could lose more than their initial investment. The Arca Investment Programme is therefore only suitable for higher risk takers with specialist/adventurous portfolios. This website does not constitute a solicitation to invest in this program in any jurisdiction to any person to whom it is unlawful or in which the person making such offer or solicitation is not qualified to do so.
Past performance is not an indicator of future performance. The value of an investment, and any income from it, can fall as well as rise as result of market and currency fluctuations and you may not get back the amount originally invested. The Arca Investment programme’s exposure is linked to the performance of the underlying investments. An investment in the program is therefore exposed to general market movements, and trends in equities, bonds, real estate and money markets, which are occasionally partially affected by irrational factors. Such factors may lead to a more significant and longer lasting decline in prices affecting the entire market. Cash left as a balance after sufficient margined balances are set aside will be largely invested in money market instruments. Please note that during market turbulence, some money market instruments can have more limited or insufficient liquidity, such as the instruments of smaller companies. Download PDF Brochure (2.6MB)