Open Most Recent Performance File

Managed Futures Trading Program Returns

 JanFebMarAprMayJunJulAug SepOctNovDecYTD
20224.93%4.05%-0.88%-1.90%0.19%0.59%-0.67%-3.42%2.34%-0.51%--4.51%
2021-1.06%1.09%-4.28%5.65%1.89%-0.76%-3.47%2.36%1.31%-0.58%-0.59%-0.07%1.11%
20203.83%0.31%0.80%4.55%-0.30%1.91%2.13%4.25%3.61%3.40%4.89%4.46%39.38%
2019-2.02%-2.11%-2.98%2.10%5.99%-3.54%-1.32%-2.09%3.15%3.41%-1.96%1.57%-0.31%
2018-2.31%3.80%5.81%1.13%-1.06%-5.42%0.99%1.89%-1.86%-1.58%-2.09%-0.81%-1.99%
20172.35%-1.38%-1.40%-3.22%-2.52%9.37%6.20%6.42%-1.69%-1.99%-1.67%0.58%10.60%
2016-2.28%3.78%-1.88%-6.33% 4.94%6.60%-10.97%-5.60%-2.05%-5.23%-4.27%0.22%-21.96%
20153.84%-4.05%4.02%2.09%3.42%-5.40%3.29%2.48%1.46%0.91%0.58%3.08%16.31%
20142.27%-2.62%-4.31%-0.86%-3.57%4.20%6.70%4.65%7.90%-6.94%-1.39%0.78%5.78%
20130.19%3.96%2.16%2.45%-2.30%0.71%3.36%-1.46%4.90%1.67%1.16%1.65%19.81%
2012-1.33%2.67%2.60%4.79%-5.43%7.52%23.41%7.48%-8.81%-4.24%-0.76%-1.13%25.86%
* In January of 2016, performance data began applying to the CTA rather than the individual Stephen Davis. Trading styles have remained the same since
the transition, and all clients have remained in the same composite performance calculations. Please note the performance shown above has been pro
forma adjusted for the program’s traditional 2% management and 20% incentive fee structure.

Client AUM:$48,651,697
Proprietary AUM:$3,400,028

Program Description

Primary Market:AgricultureMinimum Investment:$200,000Start Date:January 2012
Incentive Fee:20%Management Fee:2%Total Return:130.43%
Avg. RT/YR/$1M:2,715Avg. M/E Ratio:4.44%Notional Funding:Yes

Open Most Recent Macro Performance File

Macro Trading Program Returns

 JanFebMarAprMayJunJulAugSepOctNovDecYTD
20223.49%3.88%0.79%2.00%-0.17%3.31%1.25%0.90%-1.46%-0.13%14.60%
20211.64%3.76%0.26%-1.09%1.55%0.52%2.33%-0.70%4.92%2.27%-2.22%0.96%14.91%
2020-2.50%-2.27%-1.56%-0.44%-0.09%0.65%8.37%2.60%-6.43%-0.17%4.16%2.45%4.08%
20193.17%1.34%-2.35%-0.91%0.05%-1.14%-1.37%0.88%-2.86%0.47%0.05%2.05%-0.79%
Client AUM:$1,026,995
Proprietary AUM:$582,748

Macro Program Description

Primary Market:EquitiesMinimum Investment:$100,000Start Date:January 2019
Incentive Fee:20%Management Fee:2%Total Return:35.98%
Avg. RT/YR/$1M:958Avg. M/E Ratio:7.43%Notional Funding:Yes

 

 

PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS. TRADING COMMODITY FUTURES AND OPTIONS IS SPECULATIVE, INVOLVES RISK OF LOSS, AND IS NOT SUITABLE FOR ALL INVESTORS.