Performance - Transparency - Liquidity


Performance

The paper on CFG Investment Performance gives results of annual and of long term back-testing for the standard CFG investment strategies and standard underlyings such as the DAX, CAC, EUROSTOXX and the FTSE. The standard CFG investment strategies are described by the variation of two parameters. The first parameter is the leverage that is used during assumed bull phases. The second parameter is the part of the client’s investment that is put in a short ETF during assumed bear phases. The standard investment strategies are summarized in the four chicken behavioural types:

The regular chicken goes long during assumed bull phases and stays out of the market entirely during assumed bear phases.
The short chicken goes long during assumed bull phases, but without leverage, and invests on a short ETF during assumed bear phases.
The cool chicken goes long during assumed bull phases, but with leverage, and stays out of the market entirely during assumed bear phases.
The convinced chicken combines a leverage during assumed bull phases with an investment in a short ETF during assumed bear phases.