Two Sigma Diversified Fund Hits Q3 Headwinds With -0.7% Loss Due To Healthcare And Financials

The Two Sigma Diversified Fund, in its latest quarterly report, disclosed a negative 0.7% detraction. With it, the fund’s year-to-date performance dropped to +5.7%. Since its inception in 2016, the fund's total returns are +61.1%. As of 2024.

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According to the manager, the majority of the losses occurred in July, driven by the Alpha Capture and Fundamental models. Gains were posted by the Event and Technical models. At the individual sector level, the performance lag came from long positions in Healthcare and Financials.