developed a unique system for quantitative anomalies investing in exchange
traded stocks. The list below mentions three important product features:
- Proven investment strategy:
The developed system is based on well known stock market
anomalies that are independently proven to yield higher long-term
returns than the market benchmark on a risk-adjusted basis decade
after decade. Mathiesen's system is essentially a comprehensive
enhancement of the publicly known and proven principles for
market anomalies investing combined with multiple ideas of his
own making. Moreover, his system has been subjected to very
extensive and highly realistic robustness tests made to reveal the
sensitivity of its back-tested performance data for various changes
in the investment system and its back-test procedures. Mathiesen's
back-tests are also more realistic than nearly all back-tests
seen in academics and most back-tests seen by other portfolio
managers. This is so because Mathiesen explicitly account for investment
capacity and also rebalances the back-tested portfolios on a
continuous basis. Nor do Mathiesen's back-tests depend on
unrealistic assumptions about the ability to short any portfolio assets
and they always deduct the cost of implementing the strategy.
- Most profitable high capacity
The back-tested returns, as measured since January, 1992, reveal
substantially higher risk adjusted returns than the global stock
market return and other actively managed funds. Moreover, the return advantage persists even for
very large multi billion USD portfolios. Furthermore, the details of
Mathiesen's system are known only by himself so in this sense the
investment system is unique and cannot be copied by any competing
are less than the global stock market: The investment strategy
is low risk because it is long-only in stocks and a little cash.
There is no shorting or leverage. Nor is there any use of
sophisticated and hard to value assets. For the
smallest portfolio sizes the risk is spread on over 500 different
exchange traded companies from all world regions in all industries.
The probability of earning higher returns than the global stock
market is much higher than 50% when measured on a monthly basis and
it is growing to 100% when measured on 3 years returns or longer.
However, the investment strategy is unique with its own investment
return cycles and risk exposure. This means that short-term it
cannot always beat the market return and long-term its positive
alpha return can be higher or lower at different periods in time.