Assay
Manager Universe

Argonaut Arbitrage

Account-Verified

Market-neutral arbitrage · Singapore · Inception 2022-01

Illustrative — pre-launch sample data, not actual manager performance.
1Y ann.+7.0%
3Y ann.+11.2%
5Y ann.—
10Y ann.—
Sharpe (3Y)1.12
Sortino (3Y)1.68
Max drawdown-3.6%

Cumulative TWR vs benchmark

Monthly, since inception
-33%-13%7%27%46%2022-01Most recent
Manager TWR Benchmark Drawdown

Locked benchmark

T-Bill 3M (USD)

Pre-registered at engagement scoping. Cannot be retroactively changed.

1Y-13.9%
3Y-13.1%
5Y—

Liquidity profile

Median position liquidity$180M
AUM$23.0M
Verified history48 months
Raising statusOpen

Strategy

Cash-and-carry arbitrage with perp-spot basis on top-tier venues only. Single-strategy composite; no leverage above 2× notional.

Composite construction

All discretionary fee-paying accounts following this strategy are included in the composite per GIPS Provision 3.A. The engagement memo enumerates the in-scope entities and any sub-advised accounts that would otherwise meet the discretion criteria but are excluded for documented reasons.

Composite dispersion is reported as the asset-weighted standard deviation of constituent account returns. 3-year ex-post standard deviation is reported once 36 months of composite history is available.

Annual return breakdown

Trailing-window annualized returns. For verified strategies with full calendar-year history we publish calendar-year returns alongside; this preview uses rolling 12-month windows from the most recent month.

Y-3

+3.4%

Y-2

+11.7%

Y-1

+15.2%

Y-0

+7.0%

GIPS-aligned disclosures

  • Returns are presented gross of management and performance fees. Net-of-fee returns available on request and in the LP data room.
  • Composite includes all discretionary fee-paying accounts following the market-neutral arbitrage strategy as enumerated in the engagement memo.
  • Benchmark: T-Bill 3M (USD), locked at engagement scoping.
  • Valuation: positions marked at VWAP across qualifying venues. Concentrated illiquid positions subject to liquidity-adjusted fair-value haircut per Assay's methodology.
  • Custody: position custody arrangement disclosed in the engagement memo. Withdrawal permissions are not granted to Assay; we hold read-only access.
  • Past performance is not indicative of future results.

Verification status

Account-Verified. Returns are reconstructed from read-only API and on-chain data. Manager has not yet engaged for full verification.

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