High Delta Fund — Coming 2026
A boutique systematic alternative investment vehicle, built by two practising traders running independently verified live books across FX, metals, and equity indices.
Who we are
High Delta is run by two systematic traders, both managing live, independently verified portfolios via Darwinex Zero, both ranked DarwinIA Gold. Between them they manage approximately €6.0 million across systematic strategies spanning currencies, metals, equity indices, and fixed income — directly, in the market, today.
The Fund is the next step. Not a marketing exercise built on backtests, but a structured vehicle designed to package the same systematic process — the same models, the same risk framework — into a single investable instrument for sophisticated allocators.
We are deliberately small. We are deliberately quiet. Read the research, look at the numbers, and decide for yourself.
The strategy
The Fund extends the principals' existing live books with managed exposure to additional asset classes — combining the verified systematic component with broader portfolio construction across metals, equities, and other liquid markets — wrapped in an Actively Managed Certificate.
The systematic core is the same: rules-based, evidence-led, continuously validated. The wrapper makes it accessible.
Every entry, exit, and risk decision is governed by a specification. Decisions don't drift, even in stress regimes — and the audit trail is complete.
Strategies are evaluated against in-sample, out-of-sample, walk-forward, and Monte Carlo benchmarks before they go live — and re-evaluated against the same framework while they trade.
Underperformance has thresholds. Strategies that breach them are stepped down or removed. No emotional attachment, no sunk-cost reasoning.
FX, metals, equity indices, and fixed income — selected for genuine correlation diversification, not asset-class theatre. The Fund extends this further with managed exposure to additional liquid markets.
Structured as an Actively Managed Certificate, accessible through standard brokerage accounts. No direct trading expertise or operational overhead required from the investor.
The track record
Both principals run live, independently verified portfolios on Darwinex Zero, with broker-feed performance data audited by an unaffiliated third party. The numbers below are the live books, not backtests. Updated monthly.
Note on Fund returns. The Fund has not yet launched. The figures above relate to the principals' personal live portfolios on Darwinex, which form the systematic core of the Fund's intended strategy. The Fund itself will combine these with managed exposure to additional asset classes; Fund-level performance will be reported separately once the AMC begins trading. Past performance is not indicative of future results.
From the research
High Delta Research is the Substack publication where the principals publish their methodology, strategy work, and live commentary. Free to read; paid tiers for the deeper material.
Register interest
Performance documentation, the strategy memorandum, and AMC certificate terms are shared with verified sophisticated and professional investors as the Fund approaches launch.
High Delta Fund is not authorised or regulated by the Financial Conduct Authority. This page does not constitute financial advice, an offer to sell, or a solicitation of an offer to buy any security. The information presented is for informational purposes only and is directed exclusively at professional and self-certified sophisticated investors. You should seek independent financial advice before making any investment decision. Capital is at risk; you may lose some or all of your invested capital.
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