ASTHATE is not a single directional trade. It allocates across income-generating, tactical, and longer-term strategies — each with its own mandate, allocation band, and risk lens.
Focuses on dependable income where exit clarity and capital stability matter more than chasing the highest posted rate. Duration and counterparty exposure are monitored closely.
Executes systematic trades based on predefined signals. Exposure is adjusted by rule rather than discretionary judgment, and each strategy is monitored against its own drawdown limit.
Reserved for opportunities where the return potential justifies a slower capital rotation. No position is entered without a documented thesis and defined exit conditions.
Capital is not deployed until strategy fit, liquidity, and scenario context are verified.
Position scale, expected holding period, and exit conditions are documented before the trade is placed.
Execution quality is evaluated against liquidity and operational risk, not only price.
How a position performs informs future sizing decisions — not informal style adjustments.
Individual trades and allocations are capped relative to engine and portfolio-level exposure limits. No exceptions without review.
When losses hit defined thresholds, exposure is reduced through a written process — not informal judgment under pressure.
Any change outside normal operating parameters requires a written rationale and a review before it is acted on.
