The Black Swan Liquid-Ator provides tail risk insurance against longer-term events:
- “Risk Off” environments, for example, a sell off in equity markets,
- “Risk On” market phases, for example, a strong equity price rally,
- Inflation AND deflation,
- Rising interest rates
If no tail risk event materialises, positive, absolute returns are targeted. The strategy is implemented with highly liquid instruments [futures]. Daily liquidity.
The Black Swan Liquid-Ator is based on a quantitative risk management approach which allocates in directional long and short positions in two asset classes: the S&P500 index and US Treasuries.

The most recent factsheet is here.