The Cardinal System

The Cardinal System is a fully quantitative fund specializing in the global currency markets, driven by non-correlated proprietary algorithms and advanced statistical models. Built on a foundation of rigorous data analysis, it aims to deliver consistent, risk-adjusted returns across all market conditions.

  • IXM Capital Management has deployed over $100,000 in live capital under real market conditions, with an additional $75,000 in investor commitments secured ahead of our broader launch.

    Our quantitative models have consistently delivered strong risk-adjusted returns, with performance validated through a 20+ year institutional-grade platform.

    All performance figures are net of trading costs and fees, derived from both live trading and historical backtests across various market regimes. All live performance figures are professionally tracked and will be audited by our dedicated third-party administrator, Advanced Asset Administrator.

    Live Performance:

    • Return (YTD): 6.23%

    • Rel. DD: 5.75%

    • Abs. DD: 2.98%

    • Sharpe: 0.71

    • Calmar: 2.09

    Historical Performance:

    • Compounded Annual Return: 15 - 20%

    • Avg. Relative Drawdown: 3-6 %

    • Avg. Yearly Abs. Drawdown: 10-15%

  • Our portfolio is designed to enhance investor portfolio diversification, maintain a low correlation with the broader equity market, hedge funds, and other common investments, whilst delivering consistent risk-adjusted capital growth. All of our innovative systems are put through our framework to ensure robustness and performance across a wide range of market conditions.

    • Proprietary and Innovative investment strategies for the FX Market.

    • Robust Risk Management Systems, built for stability, adaptability, and resilience.

    • Built for Performance through market volatility, economic events, and uncertainty.

    • Non-Correlated compared to equities and many other common investment avenues.

    • Diversification within FX. Trading multiple strategies and assets within FX.

    • Rigorous Out-of-Sample Simulated Framework to ensure 1:1 Live Performance

Capital Series Structure

Cardinal Fact Sheet as of July 2025

Series 1 - Principal Class

Series 2 - Founders Class

Series 3 - Investor Series A

Growth of $100K Portfolio Equity Curve

Operating live as of 2025. 20+ years of out-of-sample simulated results. Net of all trading costs.

Average Annualized Returns

Average annualized returns for our recent most 5, 3 and 1 year performance.