Investment Approach

MCD Capital focuses on identifying short term market inefficiencies and exploiting them systematically over time. Our overarching goal is to have a scalable complementary portfolio aimed to adapt & perform in various market conditions, enhancing our goal of remaining uncorrelated to major benchmarks and permitting the firm to find or maintain alpha in fast changing market conditions.

Reach Out

"The fund strategy has been trading since May 2022 for a total of 140 weeks to date, each strategy deployed has a historic distribution of returns. For new strategies this is derived from backtested data, for strategies we have been running for a while, we use historic returns. Returns are then validated against historic distribution at the sub-strategy level, and sizing is readjusted. For each desk at MCD, trade by trade P&L reports are used to identify relationships between returns and various market factors such as Carry, Volatility and Option Greeks. These are then ranked using PCA analysis and regression models to identify historical exposure of each book."

- Marceau Dova, Co-Founder & CEO

Two Independent Strategy Books

The firm is organised in 2 strategy books, each book specialises in different assets, research & trading styles. The first being the Multi-Day (slow) book which trades CME Option synthetic combinations with discretionary execution supported by a quantitative framework, and the Intraday (fast) is Quant book specialising in statistical arbitrage and trend-following algorithmic strategies on CME Futures & NYSE Equities.

Portfolio-Optimization using margin-based allocation is a critical component of MCD’s strategy. Each pod within our portfolio has its own capacity limitations, allowing us to scale by diversifying allocations rather than merely increasing position sizes. Our goal is to minimize annualized volatility and maximize the Sharpe ratio targeting an inter strategy correlation of -0.20 to 0.20, ensuring a well-diversified return profile.

This approach allows us to adapt to changing market conditions, with baskets of strategies underperforming or outperforming as the market evolves, ensuring we always have productive trading opportunities and avoid periods of inactivity. Allocations are re-evaluated bi-weekly based on current market volatility and trends. The universe traded is CME Futures, NYSE Equities & Options.

Fees & Other Information

LEGAL DISCLOSURES

MCD Capital Ltd (FRN: 1014764) is an appointed representative of Thornbridge Investment Management LLP (FRN: 713859), which is authorized and regulated by the Financial Conduct Authority (FCA) of the United Kingdom. This document is intended for 'professional clients' or 'eligible counterparties' as defined by FCA rules and is strictly confidential. The materials herein are not for distribution in the United States or to U.S. persons. Investing involves risk, including potential loss of principal. Information is current as of the date of this material and reflects MCD Capital Ltd’s opinions in good faith, subject to change without notice.

This material does not take into account an individual's particular investment objectives, financial situations, or needs and is not intended as a recommendation, offer or solicitation for the purchase or sale of any security or investment strategy. MCD Capital offers a broad range of investment advisory (including financial planning) and other services. There are important differences between investment management and investment advisory services, including the type of advice and assistance provided, the fees charged, and the rights and obligations of the parties. It is important to understand the differences, particularly when determining which service or services to select. Investors should consider the investment objective, risks, charges and expenses of the Strategy carefully before investing.

Prospective investors and purchaser representatives are urged to request any additional information they may consider necessary in making an informed investment decision. We will make available to each prospective investor and his purchaser representative, if any, the opportunity to ask questions of, and receive answers from, us or a person acting on our behalf concerning the terms and conditions of this offering or any other relevant matters. We will respond with any additional information necessary to verify the accuracy of the information set forth in this memorandum to the extent that we possess such information or can acquire it without unreasonable effort or expense. UNCERTAINTY exists as to whether or not the firms assets can be profitable over next 12 months, thereby making an investment with MCD Capital LTD. is speculative. Note, Past returns do not guarantee future performance. Investing on Financial Markets, uncertainty is constant and the value of the companies assets under management as well as the shares offered herein can be subject to decreases in value due to market movements. An investor may get back less than the amount invested. Information on past performance, where given, is not necessarily a guide to future performance.

This document contains certain forward-looking statements that involve risks and uncertainties, including, in particular, those regarding the ability of the strategy to achieve expected performance targets from its investments and to continue to meet its future operating obligations. Other factors that could cause or contribute to such risks and uncertainties include, but are not limited to, a Fund’s ability to meet its targeted level of overhead expenditure, changes in general economic and business conditions, unanticipated effects of competition, changes in technology and methods of marketing, and various other factors beyond the control of ARBAM or the Fund. In addition, any forward-looking statements represent our estimates only as of today and should not be relied upon as representing our estimates as of any subsequent date. While we may elect to update forward looking statements at some point in the future, we specifically disclaim any obligation to do so, even if our estimates change.

FUTURES AND OPTIONS TRADING HAS LARGE POTENTIAL REWARDS, BUT ALSO LARGE POTENTIAL RISKS. YOU MUST BE AWARE OF THE RISKS AND BE WILLING TO ACCEPT THEM IN ORDER TO INVEST IN THE FUTURES AND OPTIONS MARKETS AND IN ORDER TO INVEST IN THE COMPANY. DO NOT TRADE OR INVEST WITH MONEY YOU CAN’T AFFORD TO LOSE. THIS DOCUMENT AND ITS CONTENTS ARE NEITHER A SOLICITATION NOR AN OFFER TO BUY OR SELL FUTURES, STOCKS OR OPTIONS ON THE FUTURES OR OPTIONS MARKETS. . THE PAST PERFORMANCE OF ANY TRADING SYSTEM OR METHODOLOGY IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.