SAS Invest
SAS Quant FundFund Description And Objective
Strategy
The SAS Quant Fund takes advantage of short-term dislocations in the market.
The strategy does this by utilizing put selling on both equities and micro emini S&P 500 futures options. Most underlyings that the fund sells puts on will have $100 billion market cap, good management, and positive income.
The strategy will periodically take long positions in SPY and micro emini S&P 500 futures.
A small amount of micro emini S&P 500 futures calls will also be periodically sold.
Fund Tearsheet
Minimum Investment: $25,000
Withdrawals: Quarterly; 30-day notice; 30-day payment (in practice, potentially expect 90 days from request to receiving funds)
Lock-up: 90 days on the initial contribution
The fund has a traditional 2/20 fee structure.
Management Fee: 2% annually; paid monthly in arrears
Performance Allocation: 20% quarterly; subject to high water mark
Investor qualifications: Accredited Investors, U.S. Taxable and U.S. Exempt; ERISA included. Accredited investor verification is required and can be done through a signed letter from your accountant or attorney.
Reg Exemption: 506(c); 3(c)(1); 4.13(a)(3)
Many Options To Invest
Whether you have a taxable account, retirement account, HSA, Trust, family office, or corporation, the SAS Quant Fund can accommodate you. Contact us to see how we can work together.
Our Partners
Investing Through An IRA
Investing through your 401(k) or IRA is easy. A 401(k) will need to be rolled over into an IRA. Then the IRA will need to be custodied under a self-directed IRA. This process takes about 1-2 weeks.
There are many self-directed IRA custodians to choose from. Midland Trust can help set up your self-directed IRA. The SAS Quant Fund is also registered with them.
Fees through Midland are:
First year – $505
There after – $325
Adding new money at any point – ~$85 per transaction. Midland Trust’s fees.
You can reach Midland Trust at https://www.midlandtrust.com.
Direct Investing
Investing directly requires signing a subscription letter, which states the amount you plan to invest.
The fund is open to only accredited investors. Part of the subscription letter requires accredited investor validation, which is a signed letter from your attorney or accountant.
Institutional Investing
The SAS Quant Fund is open to larger institutional investors such as pensions, hedge funds, endowments, family offices, corporations, and venture capital firms.
Please contact us to see how we can get started working with your firm.
Online Access
Online access is available for investors. You’ll be able to view monthly NAV, P/L, and statements.
Historical Returns
2024: +5.57%
2023: +46.61%
2022: -29.11%
2021 (Apr-Dec): +22.71%
Sharpe Ratio
2022: 0.07
2021 (Apr-Dec) 2.34
Returns are net of operating cost and management/performance fees.
How do we calculate returns?
Request An Investor Packet
An investor packet contains the fund’s PPM and subscription letter
Future
Address
10869 N Scottsdale Rd
Suite 103-608
Scottsdale, AZ 85254