Alpha Low Volatility Fund commentary for the month ended May 31, 2025.
The Low Volatility Fund continued its string of strong returns combined with capital preservation with a 4.72% May showing during one of the most volatile markets in recent history. Year to date performance of 10.32% outperforms all U.S. equity indices as well as the Bloomberg 60/40 U.S. Bond Aggregate.
Perhaps even more impressive than the market beating returns, is the steady performance regardless of market direction. Last March BarclayHedge ranked Alpha Low Volatility Fund the #2 Option Fund in the country. It was #1 in 2024. Since the beginning of last year, 2024, The Low Vol Fund has returned 49% with only 3 down months, all less than 1%.
The Alpha Low Volatility Fund is a non directional fund, utilizing the natural decay of options and volatility derivatives around a core holding of TBills or TBill ETF equivalents. The fund is a strong alternative to cash management strategies, bond alternatives, and even core equity portfolio holdings.
With the path to lower interest rates stalled out, market valuations stretched, and volatility almost certainly to pick up, 2025 might just be the best year yet for Alpha Low Volatility Fund. Schedule a call to learn how the Low Vol Fund can benefit your portfolio.
Schedule an appointment with Harvey
Best Regards,
Harvey Warren Sax
the insomniac hedge fund manager
Read more hedge fund letters here
