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Blake Capital Management, Inc. - SRD Currencies

Principal(s): Harold A. Blake III
Strategy: Pattern Recognition / Currencies
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Statistics & Program Information

Feb Return 0.00%	Worst Drawdown ⁽²⁾ -8.85%	Minimum Investment $100,000
YTD Return -0.23%	Losing Streak ⁽³⁾ -8.85 %	AUM⁽⁵⁾ $88,746
Annual CROR ⁽¹⁾ -0.81	Sharpe Ratio ⁽⁴⁾ -1.50	Calmar Ratio ⁽⁶⁾ N/A

Trading Methodology 50% Systematic 50% Discretionary	Style Sub-Categories Pattern Recognition	Trading Style 100% Pattern Recognition
Market Sector 100% Currencies	Holding Period 5% Short Term 95% Intraday	Sector US Contracts Futures

Start Date Mar-2013	Currency US Dollar	Margin ⁽⁷⁾ 9-15%
New Money Yes	AUM ⁽⁵⁾ $88,746	Management Fee 0.00%
Min Investment $100,000	Annual CROR ⁽¹⁾ -0.81	Incentive Fee 33.00%
Fund Minimum $0	Losing Streak ⁽³⁾ -8.85 %	Other Fees NO
Notional Funds Yes	Worst Drawdown ⁽²⁾ -8.85 %	Avg Comm ⁽⁸⁾ $6.00
NFA Member Yes	Sharpe Ratio ⁽⁴⁾ -1.50	Max Comm ⁽⁹⁾ 0.00
NFA Number 0421015	Calmar Ratio ⁽⁶⁾ N/A	Round Turns ⁽¹⁰⁾ 4,000

Starting Date: Mar-2013	Currency: US Dollar
Open to New Investors: Yes	Current Assets: $88,746
Open to US Investors: Yes	Annual CROR: -0.81%
Minimum Fund Investment: $0	Worst Monthly Drawdown: -8.85
Minimum Managed Account: $100,000	Current Losing Streak: -8.85 %
Domocile:	Calmar: N/A
Subscriptions: N/A	Sharpe Ratio: -1.50
Redemptions: N/A	US Attorney: Not Listed
Lock Up: N/A	Offshore Attorney: Not Listed
Hurdle Rate: N/A	Administrator: Not Listed
Administraton Fee: 0.00%	Prime Broker: Not Listed
Management Fee: 0.00%	Auditor: Not Listed
Incentive Fee: 33.00%	NFA Member: Yes
Other Fees: NO	FINRA Member: No
	Other Memberships: 0421015

Type of Fund:	Domicile:	Strategy:

Track Record Prepared By: N/A

Correlations: AG CTA Index: -0.067

P - Proprietary Trading Results * C - Client Trading Result * P&C - Combines Client & Proprietary Trading Results (the accounting notes will identify the time frame for each. 1. Rates of Return: Rate of Returns are calculated from the start date of each program. Usually returns are calculated based on the Annual Compounded Rate of Return method. In some cases returns have been calculated on a Non-Compounded basis. This would occur when a Manager trades based on account unit rather than on account equity. The Annual Compound Rate of Return ("Annual CROR") represents the compounded rate of return or each year or portion thereof presented. It is computed by applying successively respective monthly rate of return for each month beginning with the first month of that period. The Annual Rate of Return ("Annual ROR") is the annualized Mean Return. 2. The Worst Peak-to-Valley Drawdown ("Worst Drawdown") is defined as the greatest cumulative percentage decline in net asset value due to losses sustained by the trading program during any period in which the initial net asset value is not equaled or exceeded by a subsequent asset value. 3. Start & End Dates: Indicates the Start and End Dates of the Worst Peak-to-Valley Drawdown. 4. The Current Losing Streak ("Losing Streak") represents the extent of the Advisor's current drawdown. 5. Annualzied Standard Deviation is one way to look at consistency of returns. It measures the degree by which the monthly returns vary from the average (mean) return. 6. Downside Deviation is a measure of downside volatility. It only considers those monthly performance results that are less than the monthly Minimum Acceptable Rate of Return. 7. The Sharpe Ratio is a risk-adjusted ratio that rewards consistency of returns. Traders are penalized for volatility regardless of whether it is on the up or downside. The Sharpe Ratios is calculated using a 1% risk-free rate of return. 8. The Sortino Ratio is a risk-adjusted ratio. The higher the number the better. Results are dependent upon the Minimum Acceptable Rate of Return (currently set at 5%. 9. The Sterling Ratio is a risk-adjusted return measurement calculated by dividing the Annualized Compound ROR by the Average Yearly Maximum Drawdown less an arbitrary 10%. The Sterling Ratio is normally calculated using the last 36 months of data. 10. The Calmar Ratio represents the historical amount gained for each dollar risked. A higher number is better. Unless otherwise denoted the Calmar Ratio is calculated by dividing the 36 month Compounded ROR by the 36 month Peak to Valley Drawdown. Traders with less than 36 months of data or a negative Calmar Ratio will be indicated by N/A. 11. The Omega Function accounts for the non-normal distributions of returns and takes into account the investor's preferences for loss and gain. Omega is computed directly from the returns distribution and measures the total impact of the moments instead of each one of them individually. 12. Minimum Investment represents the minimum account size. 13. Assets Under Management ("AUM") represents the current nominal assets traded by the Manager. 14. The Number of Winning Months represents the months with positive return. 15. The Number of Losing Months represents the months with negative return. 16. The Percentage of Winning Months represents the % of winning months. 17. Margin to Equity ("Margin") represents the average margin as a percent of a fully funded account. 18. Round Turns per Million ("Round Turns") represent the average number of round turns that would be generated in a $1,000,000 account. 19. Average Commission ("Avg Comm") represents the average commission rate of the composite track record. A higher or lower commission rate would increase or decrease the performance accordingly. 20. Maximum Commisions ("Max Comm") is the Maximum Round Turn Rate allowable by the Manager.

Trading Description, Risk Strategy & Background

Trading Description

The SRD Currency program trades CME Group's Currency Futures. Positions are generally held intraday, and we close out positions before weekends or holidays, to pare risk. Every trade uses a stop-loss order for protection, and generally seeks a multiple of any amount risked. Blake Capital Management, Inc. All of our programs are exclusively focused on pattern recognition strategies and proactive risk-management. See our most recent Disclosure Document for more information.

Risk Strategy

Background

The Advisor's principal, Harold A. Blake III, is solely responsible for managing the day to day operations of the Advisor, as well as its trading strategy and trade execution. Prior to forming the Advisor, Mr. Blake was registered as an Associated Person of MF Global Inc., a commodity brokerage firm.

Mr. Blake started his career in the futures industry in January 2005 as an account executive at First Choice Futures & Options, Inc., a commodity brokerage firm based in North Miami, FL. Mr. Blake assisted clients with new account paperwork and analyzed fundamental conditions in the grains and energy markets, notably corn and crude oil.

In January 2006, Mr. Blake resigned from First Choice, seeking greater autonomy and opportunity. Mr. Blake incorporated Sheridan Capital Management, Inc., a Florida corporation, in December 2005 and served as its President and CEO, to engage in proprietary futures trading and real estate speculation. From January 2006 through February 2008, Mr. Blake was actively trading proprietary funds in commodity futures and options through Sheridan Capital Management's corporate account. Mr. Blake designed and tested several systems, both mechanical and discretionary, to more effectively trade. As his experience increased, Mr. Blake began favoring more basic approaches, including support and resistance trading, as a philosophy for understanding market behavior. Mr. Blake ceased trading with Sheridan Capital Management in February, 2008. In March 2008 Mr. Blake accepted a futures broker position with MF Global's Private Client Division, at the Chicago Board of Trade building. At this time, MF Global was ranked #1 in Execution or Clearing volume at most major futures exchanges, including CME, CBOT, NYMEX, COMEX, LIFFE and ICE. Mr. Blake ran his own trading desk with the objective of assisting self-directed traders through individualized attention and focus on trading basics. Mr. Blake's general responsibilities at MF Global included business development, dissemination of market analysis and advice, trade execution and clearing. In June 2009, in accordance with MF Global's organizational restructuring, Mr. Blake joined its Lind-Waldock division as a full- service broker, while retaining his responsibilities and client base.

On April 19th, 2010, Mr. Blake formed Blake Capital Management, Inc., to better serve investors who desire fully managed individually segregated accounts.

Performance

Monthly Performance Since March 2013

	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	ROR	Max DD
2024	-0.23%	0.00%											-0.23%	-0.23%
2023	-0.44%	0.00%	-0.67%	-0.01%	-0.24%	0.00%	0.00%	0.00%	0.19%	-0.36%	-0.25%	-0.50%	-2.26%	-2.26%
2022	-0.15%	0.16%	-0.66%	0.00%	-0.66%	1.41%	-0.45%	-0.41%	-0.22%	-0.47%	-0.27%	0.01%	-1.71%	-1.81%
2021	-0.10%	-0.15%	0.07%	-0.35%	-0.34%	-0.32%	0.69%	-0.41%	-0.15%	-0.44%	0.69%	1.04%	0.22%	-1.49%
2020	0.10%	0.61%	0.39%	0.41%	-0.28%	-0.43%	-0.61%	-0.30%	0.32%	0.03%	0.98%	-0.49%	0.72%	-1.61%
2019	-0.14%	-0.14%	-0.04%	-0.21%	-0.07%	-0.23%	-0.07%	-0.25%	0.06%	0.04%	-0.28%	-0.30%	-1.62%	-1.62%
2018	-0.33%	-0.13%	-0.04%	-0.20%	0.14%	-0.21%	-0.21%	0.08%	-0.25%	0.17%	-0.22%	-0.14%	-1.33%	-1.33%
2017	-0.35%	0.05%	0.01%	-0.27%	-0.32%	0.05%	-0.09%	-0.09%	-0.12%	-0.20%	0.10%	0.19%	-1.04%	-1.32%
2016	-0.18%	-0.26%	0.32%	-0.21%	-0.20%	0.48%	-0.04%	-0.27%	0.02%	0.01%	-0.12%	0.49%	0.04%	-0.53%
2015	0.16%	-0.10%	0.17%	0.00%	-0.20%	-0.10%	-0.15%	0.14%	0.23%	-0.48%	0.26%	-0.27%	-0.34%	-0.57%
2014	0.09%	-0.08%	0.41%	-0.46%	0.05%	-0.21%	-0.14%	0.03%	0.06%	-0.06%	-0.27%	0.60%	0.02%	-1%
2013			-0.35%	-0.49%	-0.01%	0.12%	1.01%	-0.96%	-0.41%	-0.27%	-0.06%	0.06%	-1.36%	-1.69%

Annual Performance

Years	2013	2014	2015	2016	2017	2018
ROR	-1.36%	0.02%	-0.34%	0.04%	-1.04%	-1.33%
Max DD	-1.69%	-1.00%	-0.57%	-0.53%	-1.32%	-1.33%

Years	2019	2020	2021	2022	2023	2024 YTD
ROR	-1.62%	0.72%	0.22%	-1.71%	-2.26%	-0.23%
Max DD	-1.62%	-1.61%	-1.49%	-1.81%	-2.26%	-0.23%

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

VAMI, Assets under Management & Worst Drawdown

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Monthly Returns

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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 AND/OR FOREIGN EXCHANGE ('FOREX') 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.

CTA Profiles