Replication & Available-Capital Calculator
See What Futures-Based Replication Makes Available for the Overlay
Enter an investment amount and select the markets to replicate. The calculator shows achievable contract combinations, the resulting market exposure expressed as a percentage of investment amount, and the capital available for the overlay after margin and a risk buffer — the capital-efficiency mechanism behind the program, illustrated with your own numbers.
No incentive fees are charged on gains attributable to futures-based Replication. Incentive fees apply only to Overlay performance.
New here? Step-by-Step guide to get you started.
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Click a contract twice to select Short exposure.
Allow NovoDyn to Select My Market Exposure
NovoDyn will choose your market exposure for an additional 75 basis points per annum, prorated monthly.
Available for the Overlay (Best Fit)
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%
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net of margin + buffer
Market Exposure—
− Margin Required—
− Buffer—
= Available for the Overlay—
Available Futures Contracts
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For illustration only. This tool shows, hypothetically, the whole-contract combinations an account of the size and markets you enter could hold — it is not a recommendation, and not investment advice. It reflects futures notional and margin mechanics only and has no connection to, and says nothing about, NovoDyn's systematic overlay, its methodology, or its performance. Trading futures involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. Total exposure combinations below 100% represent a smaller portion of the investment amount directly replicated in these markets; combinations in excess of 100% exceed the investment amount, and gains and losses are magnified accordingly.
Percentages shown are targets, not guarantees. Because contracts can only be held in whole units, actual exposure to each market will typically differ slightly from your stated allocation.
Notional values and margins shown use NovoDyn's latest available reference data.
Notional values and margins shown use NovoDyn's latest available reference data.
Gross capital efficiency, not investable capital. "Available for overlay" is a gross ceiling — initial margin and buffer only. Actual deployable overlay capital is lower once engine-level margin and operating cash needs are reflected. This figure describes replication mechanics only and does not describe, imply, or project the overlay's use of that capital or its returns.
Reference notional and margin values are shown below.
Data basis: NovoDyn updates the reference pricing and margin data used by this Calculator periodically. The Calculator is intended for portfolio modeling and does not provide execution prices.
Hard boundary. This tool illustrates replication and available capital only. It does not show, imply, or project anything about how available capital is deployed, what NovoDyn's systematic engines do, or what they might return.
NovoDyn Advisors, LLC is registered with the Commodity Futures Trading Commission (CFTC) as a Commodity Trading Advisor and is a Member of the National Futures Association (NFA ID #0435960). This tool illustrates futures-based portfolio replication mechanics only; it is not, and should not be construed as, an offer or solicitation to invest, and NovoDyn does not solicit investments prior to Disclosure Document submission to and approval by the NFA.
Hard boundary. This tool illustrates replication and available capital only. It does not show, imply, or project anything about how available capital is deployed, what NovoDyn's systematic engines do, or what they might return.
NovoDyn Advisors, LLC is registered with the Commodity Futures Trading Commission (CFTC) as a Commodity Trading Advisor and is a Member of the National Futures Association (NFA ID #0435960). This tool illustrates futures-based portfolio replication mechanics only; it is not, and should not be construed as, an offer or solicitation to invest, and NovoDyn does not solicit investments prior to Disclosure Document submission to and approval by the NFA.