Investment Strategy
Portfolio Guidelines
Target Exposure
- Long: 70-100%
- Short: 30-50%
- Gross: 100-150%
- Net: 35-55%
Target Position Concentration
- Top 10 Longs: 35-50% of gross long book
- Top 10 Shorts: 25-40% of gross short book
Sector Concentration
- Opportunistic allocation across all 11 GICS sectors
- Particular focus on industries with lowest intra-stock correlation and highest return dispersion
