PPF II - Culross Global Macro Fund

Legal Entity

PPF II - Culross Global Macro Fund is a sub fund of PMG Partners Funds II, a Luxembourg umbrella fund (fonds commun de placement à compartiments multiples). The Fund was established under Part I of the Luxembourg Law of 17 December 2010 on Undertakings for Collective Investment (the “Law of 2010”) and meets the requirements of Directive 2009/65/EC of the European Parliament and of the Council of 13 July 2009, as amended.


The Culross Global Macro Fund is a UCITS compliant fund which we launched in 2017. The fund employs a similar thematic investment process as our flagship fund, the Culross Global Fund. The Culross Global Macro Fund invests only in UCITS funds and ETFs.


The fund seeks to generate steady positive absolute returns through the business cycle with low correlations to equities or bonds and a strong focus on capital preservation. More particularly, the fund’s target performance is Libor + 500bps net of all fees and costs, with volatility of 3-5%.


The fund offers investors weekly liquidity on 3 days’ notice and so the fund focuses on liquid funds operating in liquid asset classes only.


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