The Art Behind the Edge

Jim Simons once said:

“Patterns of price movement are not random. However, they're close enough to random so that getting some excess, some edge out of it, is not easy and not so obvious — thank God. God probably doesn't care. Thank whoever.”

Why would the creator of the greatest quantitative fund in history say something like this?

Simply because it’s true.

Jim Simons was a legendary mathematician who built Renaissance Technologies, a quantitative hedge fund renowned for its consistency and performance. This quote resonates deeply with us at IXM Capital Management.

Finding an edge that is repeatable, robust, and lasting is an incredibly difficult task. Since the beginning of our journey, our mission has remained clear: What is the truth behind financial markets? What defines a real edge?

With our diverse backgrounds, we explored what felt like an infinite number of models. Through over a decade of collective research, validation, and countless iterations, we arrived at our ultimate expression: The Cardinal Fund.

This fund is not simply a product. It represents a lifelong passion and dedication to the craft. Our goal has always been to build something enduring—something that performs with intention, discipline, and consistency.

Our vision aligns with that of our investors: a strategy focused on low drawdowns, strong risk-adjusted returns, and durability across all market regimes. A true alternative investment. A Fund that is robust. A Fund that is built to last. A Fund that aspires to be legendary.

Jim Simons’ quote is a reminder of the complexity, the dedication, and the reward behind building a true quantitative fund. He captured the essence of the pursuit perfectly.

The Cardinal Fund simply resonates.