Persistix Compass is an investment fund which aims to return 10% net annualized above the short-term T-Bill regardless of market conditions, at about half the S&P500 volatility. It is targeted for conservative, volatility-averse investors who seek a relatively steady return regardless of market conditions.
The fund uses a proprietary ranking method to establish hedged positions in large U.S.-based equities. The fund seeks to identify a small set of positions which can provide both above-market returns as well as substantial downside protection. This allows the fund to produce superior, low-volatility returns.