CTA Profiles

Notice: Undefined variable: rs_manager in /var/www/html/includes_new/cta_profile_zine2.php on line 14 - Notice: Undefined variable: rs_program in /var/www/html/includes_new/cta_profile_zine2.php on line 14

Manager List » LeanVal Asset Management AG »

LeanVal Asset Management AG - Athena UI Fond

Principal(s):
Strategy: Absolute Return Fund / Options
Request Disclosure Document
Sign Up to get Monthly Performance Reports by Email
Request Broker Assistance
Investment Restrictions: Non US Investors Only++
Statistical Report - Leaf Subscribers Only

Interested in New Manager Listings? Sign up to receive notifications.

Statistics & Program Information

Feb Return 0.50%	Worst Drawdown ⁽²⁾ -11.47%	Minimum Investment €1
YTD Return 1.00%	Losing Streak ⁽³⁾ 0.00 %	AUM⁽⁵⁾ €98,899,576
Annualized CROR:¹ 4.60%	Sharpe Ratio ⁽⁴⁾ 0.74	Calmar Ratio ⁽⁶⁾ N/A

Trading Methodology 60% Systematic 40% Discretionary	Style Sub-Categories Option Writer	Trading Style 100% Option Trading
Market Sector 100% Stock Indices	Holding Period	Geographic Sector US Contracts: Futures Options

Start Date Jun-2006	Currency Euros	Margin ⁽⁷⁾ 30%
New Money Yes	AUM ⁽⁵⁾ €98,899,576	Management Fee 0.95%
Min Investment €1	Annualized CROR ¹ 4.60%	Incentive Fee 20.00%
Fund Minimum €1	Losing Streak ⁽³⁾ 0.00 %	Other Fees Up to 5% Upfront Fee
Notional Funds No	Worst Drawdown ⁽²⁾ -11.47 %	Avg Comm ⁽⁸⁾ 0.00
NFA Member No	Sharpe Ratio ⁽⁴⁾ 0.74	Max Comm ⁽⁹⁾ 0.00
NFA Number Non NFA-Member	Calmar Ratio ⁽⁶⁾ N/A	Round Turns ⁽¹⁰⁾ 1,500

Starting Date: Jun-2006	Currency: Euros
Open to New Investors: Yes	Current Assets: €98,899,576
Open to US Investors: Yes	Annualized CROR: 4.60%
Minimum Fund Investment: €1	Worst Monthly Drawdown: -11.47
Minimum Managed Account: €1	Current Losing Streak: 0.00 %
Domocile: Cayman	Calmar: N/A
Subscriptions: Weekly Pricing	Sharpe Ratio: 0.74
Redemptions: N/A	US Attorney: N/A
Lock Up: none	Offshore Attorney: N/A
Hurdle Rate: N/A	Administrator: Universal-Investment-Gesellschaft mbH
Administraton Fee: 0.00%	Prime Broker: Goldman Sachs International, Morgan Stanley, & Internat
Management Fee: 1.90%	Auditor: KPMG Deutsche Treuhand-Gesellschaft AG
Incentive Fee: 20.00%	NFA Member: No
Selling Fee: 5.00%	FINRA Member: No
Other Fees: Up to 5% Upfront Fee	Other Memberships: BAFIN

Type of Fund: Hedge Fund Futures Fund Single Advisor Fund	Domicile: Cayman	Strategy: Absolute Return / Options Strategies

Track Record Prepared By: N/A

Correlations: AG CTA Index: 0.142

Trading Description, Risk Strategy & Background

Trading Description

Athena UI is an Absolute Return Fund trading option strategies on equity indices since June 2008. The Athena strategy is based on a set of options strategies which are implemented step by step following our investment process. The Athena UI Fund is protected by a sophisticated risk management system that controls internal and external risk parameters real time. Additionally we use static and quantitative rules meeting the requirements of a state-of-the-art risk and money management. We only trade listed derivatives (options and futures) which offer high liquidity. Uncorrelated, consistent returns and a low volatility characterise the Athena UI Fund. We offer the highest possible transparency and daily liquidity. Athena's low correlation to equity and bond markets provides a high potential of diversification. Therefore Athena fits well to investors who set value on stability.

Risk Strategy

N/A

Background

Performance

Monthly Performance Since August 2002

	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	ROR	Max DD
2025	0.50%	0.50%											1%	0%
2024	0.15%	0.31%	0.30%	0.58%	0.46%	0.41%	0.69%	0.40%	0.80%	0.30%	0.60%	1.00%	6.14%	0%
2023	0.73%	0.28%	0.15%	0.39%	0.19%	0.08%	0.43%	1.03%	0.77%	0.93%	0.89%	0.91%	6.99%	0%
2022	2.30%	0.34%	0.34%	-0.46%	0.49%	0.38%	1.78%	0.10%	-0.39%	0.60%	0.20%	-0.82%	4.93%	-0.82%
2021	1.04%	-0.36%	-0.32%	-0.43%	0.49%	-0.15%	0.02%	-0.87%	1.92%	-1.12%	-0.07%	-0.11%	-0.01%	-1.62%
2020	0.48%	-0.85%	5.47%	0.35%	0.40%	-0.01%	-0.71%	-1.07%	3.42%	1.23%	-0.86%	-0.62%	7.25%	-1.78%
2019	-0.62%	-0.57%	-0.28%	-0.83%	1.86%	-0.68%	-0.09%	1.71%	-0.87%	-0.97%	-1.05%	-0.28%	-2.7%	-3.14%
2018	-0.33%	-2.04%	1.13%	-0.11%	-0.57%	0.84%	-0.50%	-0.49%	-0.39%	3.95%	-0.32%	2.63%	3.72%	-2.46%
2017	-0.94%	-0.33%	-0.28%	-0.45%	-0.22%	-0.20%	-0.36%	0.56%	-0.38%	-0.05%	-0.67%	-0.38%	-3.65%	-3.65%
2016	1.49%	-0.15%	-0.52%	-0.09%	-0.29%	0.06%	-0.12%	-0.50%	-0.19%	-0.32%	-0.51%	-0.09%	-1.24%	-2.69%
2015	1.42%	-0.54%	0.23%	-0.26%	-0.26%	-0.41%	-0.44%	1.41%	-0.42%	-0.39%	0.06%	-0.42%	-0.06%	-1.68%
2014	0.21%	-0.53%	-0.17%	0.81%	-0.49%	-0.45%	0.33%	-0.40%	0.02%	1.81%	-0.36%	1.92%	2.68%	-1.01%
2013	-0.47%	-0.45%	-0.47%	0.78%	-0.25%	1.41%	-0.37%	0.47%	-0.37%	-0.46%	-0.62%	-0.65%	-1.45%	-2.08%
2012	-0.69%	-0.59%	-0.33%	0.63%	2.07%	-0.12%	-0.08%	-0.45%	-0.37%	0.91%	1.39%	-0.23%	2.1%	-1.61%
2011	-0.57%	0.13%	0.28%	0.73%	0.62%	0.52%	0.49%	-0.11%	0.51%	0.32%	0.21%	0.69%	3.88%	-0.57%
2010	0.36%	-0.25%	-1.14%	-0.64%	-1.77%	0.32%	-0.48%	2.56%	-0.59%	-0.94%	0.28%	0.13%	-2.2%	-3.91%
2009	1.09%	0.58%	-0.15%	-0.19%	-0.56%	0.99%	-0.08%	0.04%	-0.46%	-0.68%	-0.36%	-0.05%	0.15%	-1.58%
2008	2.18%	0.88%	1.23%	0.59%	1.07%	1.37%	0.66%	0.85%	0.83%	-0.23%	0.24%	0.89%	11.07%	-0.23%
2007	1.82%	-5.84%	-5.45%	-0.56%	1.99%	2.21%	-0.42%	1.81%	1.69%	0.39%	1.88%	2.43%	1.48%	-11.47%
2006	-0.09%	1.64%	0.90%	0.88%	1.24%	1.53%	-0.28%	0.41%	0.53%	0.55%	-0.14%	0.62%	8.05%	-0.28%
2005	3.40%	0.24%	2.17%	-1.30%	0.21%	1.23%	-0.06%	2.22%	1.65%	-0.27%	0.42%	2.36%	12.87%	-1.3%
2004	1.61%	3.79%	-4.72%	3.56%	0.44%	-0.42%	3.98%	2.00%	-0.80%	-0.29%	0.87%	-0.33%	9.77%	-4.72%
2003	2.48%	7.76%	2.69%	5.82%	-2.70%	1.23%	0.46%	1.03%	2.22%	1.43%	1.54%	0.14%	26.46%	-2.7%
2002								-2.27%	4.19%	2.66%	1.00%	5.19%	11.06%	-2.27%

Annual Performance

Years	2002	2003	2004	2005	2006	2007
ROR	11.06%	26.46%	9.77%	12.87%	8.05%	1.48%
Max DD	-2.27%	-2.70%	-4.72%	-1.30%	-0.28%	-11.47%

Years	2008	2009	2010	2011	2012	2013
ROR	11.07%	0.15%	-2.20%	3.88%	2.10%	-1.45%
Max DD	-0.23%	-1.58%	-3.91%	-0.57%	-1.61%	-2.08%

Years	2014	2015	2016	2017	2018	2019
ROR	2.68%	-0.06%	-1.24%	-3.65%	3.72%	-2.70%
Max DD	-1.01%	-1.68%	-2.69%	-3.65%	-2.46%	-3.14%

Years	2020	2021	2022	2023	2024	2025 YTD
ROR	7.25%	-0.01%	4.93%	6.99%	6.14%	1.00%
Max DD	-1.78%	-1.62%	-0.82%	0.00%	0.00%	0.00%

PAST PERFORMANCE DOES NOT GUARANTEE FUTURE SUCCESS. THERE IS A RISK OF LOSS IN FUTURES TRADING.

THERE IS UNLIMITED RISK OF LOSS ASSOCIATED WITH WRITING SHORT OPTION CONTRACTS.

VAMI, Assets under Management & Worst Drawdown

Monthly Returns

Accounting Notes:

In this fact sheet, performances, numbers, figures, and ratios for Athena apply in the period from Aug 02 to Jan 05 to the performance of our Athena managed accounts, from Feb 05 to Jun 08 to the performance of the CC Athena OS Fund IE, and since Jul 08 to the performance of then Athena UI Fund.

RISK DISCLOSURE

PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.

THIS MATTER IS INTENDED AS A SOLICITATION FOR MANAGED FUTURES. THE RISK OF TRADING COMMODITY FUTURES, OPTIONS, FOREIGN EXCHANGE ('FOREX') AND/OR CRYPTOCURRENCIES IS SUBSTANTIAL. THE HIGH DEGREE OF LEVERAGE ASSOCIATED WITH COMMODITY FUTURES, OPTIONS AND FOREX CAN WORK AGAINST YOU AS WELL AS FOR YOU. THIS HIGH DEGREE OF LEVERAGE CAN RESULT IN SUBSTANTIAL LOSSES, AS WELL AS GAINS. YOU SHOULD THEREFORE CAREFULLY CONSIDER WHETHER SUCH TRADING IS SUITABLE FOR YOU IN LIGHT OF YOUR FINANCIAL CONDITION. IF YOU ARE UNSURE YOU SHOULD SEEK PROFESSIONAL ADVICE. AN INVESTOR MUST READ AND UNDERSTAND THE CTA’S CURRENT DISCLOSURE DOCUMENT BEFORE INVESTING. THERE ARE NO GUARANTEES OF PROFIT NO MATTER WHO IS MANAGING YOUR MONEY.

PAST PERFORMANCE DOES NOT GUARANTEE FUTURE SUCCESS. IN SOME CASES MANAGED ACCOUNTS ARE CHARGED SUBSTANTIAL COMMISSIONS AND ADVISORY FEES. THOSE ACCOUNTS SUBJECT TO THESE CHARGES, MAY NEED TO MAKE SUBSTANTIAL TRADING PROFITS JUST TO AVOID DEPLETION OF THEIR ASSETS. EACH COMMODITY TRADING ADVISOR ("CTA") IS REQUIRED BY THE COMMODITY FUTURES TRADING COMMISSION ("CFTC") TO ISSUE TO PROSPECTIVE CLIENTS A RISK DISCLOSURE DOCUMENT OUTLINING THESE FEES, CONFLICTS OF INTEREST AND OTHER ASSOCIATED RISKS. A HARD COPY OF THESE RISK DISCLOSURE DOCUMENTS ARE READILY AVAILABLE BY CLICKING ON EACH CTA'S "REQUEST DISCLOSURE DOCUMENT" BUTTON.

THE FULL RISK OF COMMODITY FUTURES, OPTIONS AND FOREX TRADING CAN NOT BE ADDRESSED IN THIS RISK DISCLOSURE STATEMENT. NO CONSIDERATION TO INVEST SHOULD BE MADE WITHOUT THOROUGHLY READING THE DISCLOSURE DOCUMENT OF EACH OF THE CTAS IN WHICH YOU MAY HAVE AN INTEREST. REQUESTING A DISCLOSURE DOCUMENT PLACES YOU UNDER NO OBLIGATION AND EACH DOCUMENT IS PROVIDED AT NO COST. THE CFTC HAS NOT PASSED UPON THE MERITS OF PARTICIPATING IN ANY OF THE FOLLOWING PROGRAMS NOR ON THE ADEQUACY OR ACCURACY OF THE DISCLOSURE DOCUMENTS. OTHER DISCLOSURE STATEMENTS ARE REQUIRED TO BE PROVIDED TO YOU BEFORE AN ACCOUNT MAY BE OPENED FOR YOU.

PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS. PROSPECTIVE CLIENTS SHOULD NOT BASE THEIR DECISION ON INVESTING IN THIS TRADING PROGRAM SOLELY ON THE PAST PERFORMANCE PRESENTED. ADDITIONALLY, IN MAKING AN INVESTMENT DECISION, PROSPECTIVE CLIENTS MUST ALSO RELY ON THEIR OWN EXAMINATION OF THE PERSON OR ENTITY MAKING THE TRADING DECISIONS AND THE TERMS OF THE ADVISORY AGREEMENT INCLUDING THE MERITS AND RISKS INVOLVED.

AUTUMN GOLD CTA INDEXES ARE NON-INVESTABLE INDEXES COMPRISED OF THE CLIENT PERFORMANCE OF CTA PROGRAMS INCLUDED IN THE AUTUMN GOLD DATABASE AND DO NOT REPRESENT THE COMPLETE UNIVERSE OF CTAS. INVESTORS SHOULD NOTE THAT IT IS NOT POSSIBLE TO INVEST IN THESE INDEXES.