One of the pillars of financial theory is that more volatility should be rewarded with better performances. The challenge is then to provide higher returns along with low volatility.
Indaco Funds have been able to achieve attractive returns while keeping realized volatility at very low levels. In the years following the global financial crisis, central banks actions sustained economic recovery, but also created important market distortions. In the fixed income space in particular, low yields and lack of liquidity have completely changed risk-free and risk-premia concepts. Capital protection and steady income generation have become much harder to accomplish for conservative investors.