Strategy Highlights
Minimize frequency and size of drawdowns
We begin with a measured risk profile and then seek to maximize returns within that constraint.
Proprietary Research
As our proprietary DFP strategy requires only 10% of invested capital to employ, we are able to further enhance returns and reduce risk by allocating the other 90% of assets to other low risk strategies.
Diversification
Our hybrid strategy allows investors to access other funds with high minimums.
This Is Why Fuji Is the Right Strategy for You
Outcome-Oriented Investing
Unlike commonly used Strategic Asset Allocation, Outcome-Oriented Funds invests with specific goals and is risk proactive. The returns and risk profile presented in our performance well reflect our goals.
Fuji is an outcome-oriented investment fund.
Copernicus Investment and Risk Advisors uses the proprietary Dynamic Factor Portfolio (DFP) strategy. Decades of research have resulted in the development of DFP. Conceived and developed to reduce risk and enhance returns in a broad portfolio.
The development of the DFP strategy was based on a number of observations and insights. Its proprietary forward-looking models are predictive of equity market volatility. Because different assets perform better and worse in different equity volatility conditions, predicting volatility forward has significant value. Further research and modeling then optimize for risk (defined as the risk of a loss of capital) versus returns in allocating among assets during identified volatility conditions.
DFP uses access to quantitative investment Indices strategies (QIS) which are used by institutions like pension funds and insurance companies to allocate among a group of these indices that have the best risk-return profiles during the predicted volatility conditions. Further details are proprietary.
Importantly, DFP uses only a fraction of the Fund's assets (10%) to gain the desired exposure and is only engaged about 50% of the time. Exposures are adjusted on a monthly basis. While the DFP can be used effectively as a standalone strategy, we feel the available Fund assets are put to better use by allocating to other selected assets. Thus, in a sense we are a multi-strategy Fund. At inception we intend to allocate to a private REIT and a public REIT. We chose each of these REITS because of their strategies, capable and deep teams, demonstrated skill at executing their respective strategies and resulting outstanding performance and low or negative correlation to DFP. This will allow our Fund to offer investors about a 5% current yield and growing (if desired). More information on the REITS is available upon request.
So, in short, our goal is to deliver very handsome capital appreciation with very low or no correlation to the stock market and the option to take current income, while keeping losses limited in depth and short in duration.
Hedge Fund Manager
Fuji is Managed by Copernicus Investment and Risk Advisors
Copernicus Investment and Risk Advisors was co-founded by Masao Matsuda, PhD., FRM and George Egan, CAIA.
Dr. Masao earned a Ph.D. degree in International Political Economy from The Claremont Graduate University in California. Masao also holds professional designations as a Financial Risk Manager (FRM), as well as a Chartered Alternative Investment Analyst (CAIA).
Masao worked as head of various US entities of Nikko Securities Co., Ltd. Masao also served as Global Head and CIO of the World Series business of Nikko Asset Management (Nikko AM), a division that generated the largest amount of revenues for Nikko AM at that time.
Masao has extensive experience in developing quantitative models for asset allocation and has worked with many well-known academics including William F. Sharpe, a 1990 Nobel Laureate in Economic Sciences.
Masao has been active in both professional communities and has:
Contributed a number of articles in Alternative Investment Analyst Review, as well as in All About Alpha, both published by the CAIA Association.
For the past 13 years, created test items for FRM examinations, and acted as a formal reviewer of 8 chapters of the FRM’s 2020 textbooks in "Financial Markets and Products" and "Valuation and Risk Models."
George Egan graduated with a B.S. degree from Georgetown University and for over 20 years worked on and managed trading desks for banks including Morgan Stanley and later managed a hedge fund at Morgan Stanley. George was CIO at Spencer Trask and Chief Investment Strategist for the $1 billion Illinois 529 plan.
George also operated a Fund of Funds allocating among a group of hedge Funds.
“A new way to look at investing”
George Egan
Hedge Fund Manager @ CARL FUJI, LLC
Sophisticated Alternative Investments Aren’t Just for Institutions Anymore
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3 Easy Steps to Invest in Our Fuji Strategy
Investing in our Teton hedge fund strategy is pretty simple: just create an account, add the strategy to your portfolio and on the next funding cycle you're in.
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Analyze Investments
Search for offerings that fit your risk and return criteria, create model portfolios, and use the CARL tools to help you identify the best investments for you.
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Simply choose an account type, fund your investment, and follow your investment portfolio on CARL.
What Investors Say About CARL
"I didn’t know investments like this existed before finding CARL, and I guess they didn’t for regular investors until now. It provides so many more options, I can now manage my own hedge fund portfolio, diversify my investments and I have the potential to earn a return regardless of market direction."
Chris
CFO, Michigan
Our Strategies
Besides Fuji We Also Offer Other Types of Strategies
Combining flexibility and versatility, quant hedge funds are the perfect opportunity to cover all your bases. By exposing your portfolio to non-traditional asset classes besides traditional revenue areas like the stock market or real estate, you can gain lucrative benefits, especially in volatile markets. Whether you have years of experience as an investor or you're looking for new investment opportunities – CARL is your ticket to investment success.
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Teton
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K2
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Kilimanjaro
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Olympus
Olympus uses three fully automated and complementary systems to generate returns. Unlike many hedge funds, this strategy takes full advantage of quant methods to generate revenue for its investors.
Victory Peak
Multiple systems compete for capital, emphasizing compound annual return while aiming to minimize drawdown. This strategy seeks to determine the current behavioral regime and apply capital only when the corresponding probabilities show a positive mathematical expectation.
Matterhorn
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Everest
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If you have any further questions about hedge fund investing opportunities, our Teton strategy or about CARL in general, please do not hesitate to contact us.