Cardea International's Mosaic Global Fund is a multi-asset fund aimed at investors that would like to grow their capital at a reasonable pace with a strong focus on capital protection. Capital protection is crucial to any investor yet is often ignored in pursuit of high volatile returns.

Did you know that if your portfolio loses 35% of its value, you will need an increase of almost 54% to get back to where you started? This reflects the fact that your compounded returns will be much lower over time if you incur large losses to your portfolio.

With this in mind, the Mosaic Global Fund is set up to minimize drawdowns or losses through blending investments that will perform well in different markets and different economic cycles.

 

Cardea’s Portfolio Construction

We believe that a portfolio containing of around 20-50 holdings in underlying investments will give us the necessary diversification we need. Each of these holdings might in their turn have hundreds to thousands of positions at each time which gives us an absolutely fantastic opportunity to participate in the creation of wealth across hundreds of different markets globally.

When the underlying portfolio is constructed, we look at the different characteristics of each underlying investment from a perspective of how they are correlated with each other, how they perform in different types of market conditions and their volatility. The Mosaic Global Fund is then regularly rebalanced to keep our overall allocation targets.

Cardea's in-house asset allocation model is built around the flexibility to re-allocate investments within the fund depending on market conditions and performance around the world.

Mosaic Global Fund
Cardea Asset Allocation - Current Overview October 2011, (232 KB)	Factsheet September 2011  September 2011, (238 KB)
Mosaic Global Fund - Performance September 2011 September 2011, (305 KB)	Mosaic Global Fund - NAV Sheet September 2011 September 2011, (301 KB)