Surmount · investment strategy
by Quantbase · via Surmount
Equally allocates across 8 leading Chinese stocks and ETFs, including JD, BABA, and KWEB. Rebalanced every 90 days, this strategy offers diversified exposure to China’s evolving market landscape.
Description from Surmount
of the return and risk figures:as the source publishes them
What $10,000 would have become, from the strategy's own published history, against the S&P 500 over the same dates. The basis is labelled.
Each rule is quoted word for word from the strategy's own documents.
“Equally allocates across 8 leading Chinese stocks and ETFs”
“Rebalanced every 90 days”
“each receiving an equal proportion of 12.5% of the total investment”
9 positions as of 2026-10-20
by the source.
Fitted to 120 returns (model) from 2025-11-05 to 2026-10-19. An estimate, not holdings: it can't name stocks.
· : 0.26 · Too loose a fit for a verdict; shown as a guide.
Beta to the S&P 500: 1.10 (90%: 0.81 to 1.38)
Compares the stated rules with the holdings (or, where none are published, a mix estimated from returns), using tests fixed before any results were seen.
0.2% of weight in (IVV: 3.0%)
2 funds (SEC N-PORT, as of 2026-05-31)
No stated fossil-fuel rule; the exposure is shown for reference. : 87% · 2026-10-20
0.0% of weight in (SPY: 0%)
Fewer than 70% of the holdings could be identified, so there’s no verdict. : 36% · 2026-10-20
How much of what we look for this strategy has, and why anything is missing. Fields that don't apply to it aren't counted.
1 missing
Rebalance schedule taken from a stated rule.
The text the rules are quoted from, with where it came from.
The trading strategy outlined in the provided data focuses on allocating investments across a diverse set of companies, with each receiving an equal proportion of 12.5% of the total investment. The chosen companies for investment include JD, BABA, MCHI, KWEB, TME, FUTU, TCOM, and BZ. The strategy operates on a 90-day frequency, where adjustments and evaluations are made every 90 days. This periodic review allows for potential rebalancing of the portfolio to maintain the desired allocation percentages. The strategy's adaptive nature over this 90-day period ensures a steady evaluation of market conditions and company performance to guide investment decisions effectively.
Equally allocates across 8 leading Chinese stocks and ETFs, including JD, BABA, and KWEB. Rebalanced every 90 days, this strategy offers diversified exposure to China’s evolving market landscape.
Every value on file, each labelled with its calculation basis and as-of date.
| Asset classes / instruments | equity | 2026-10-20 |
| Minimum investment | $100 | 2026-10-20 |
| Industry weights (Surmount) | Consumer Cyclical: 37.4% · Financial Services: 37.5% · Communication Services: 25.1% | 2026-10-20 |
| Investors following (Surmount) | 6 | 2026-10-20 |
| Annual return (Surmount tracking) (model tracking) | -3.99% | ||
| Return, 1 year (Surmount tracking) (model tracking) | -34.37% | 2026-10-20 | |
| Return, 3 months (Surmount tracking) (model tracking) | -7.51% | 2026-10-20 | |
| Return, year to date (Surmount tracking) (model tracking) | -31.08% | 2026-10-20 | |
| Total return (Surmount tracking) (model tracking) | -18.36% |
| Maximum drawdown (Surmount tracking) (model tracking) | -56.31% |
| Risk score (Surmount) | 3.76 | 2026-10-20 |
