Mangabey is a mix of Spider Crab, Walrus and Kiang.

Spider Crab adds long equity positions to the same form of volatility trading of Coconut Crab. However, the underlying models are not always the same, which might result in different volatility allocations between the two programs.

Walrus Program is a Long Only Volatility Futures / Equity Futures Program. It mixes Killer Whale F with Kite. The tail risk hedging provides highly positive skew and protection during market drawdowns, while the equity futures drive the bulk of the returns. The program achieves highly convex returns during market drawdowns, while only using long positioning. This program is an example of what can be achieved by pairing Tail Risk programs with a long equity base.

Kiang is a 60 / 40 mixing Mule and Camel. The resulting allocation is 36% Trend Following, 36% Treasuries (TY), 12% Gold (GC), 8% Dynamic Volatility, 8% Tail Risk. Allocations to TY and GC may shift according to the positions taken by the trend following component, which comprises Moray (from Camel) and Frog (from Mule).