Tracking CTAs since 1994
M&R Capital LLC
Livestock Program
Principal(s): Scott Shepard
Strategy: Fundamental / Livestock
Statistical Reports are Subscription Based
Trading Description, Risk Strategy & Background
Scott is a fundamental trader. He has experience in the cash markets, on the floor, with meat packers, and other livestock industry institutions. This helped to provide him with a unique perspective. This unique perspective and knowledge base enables Scott to forecast US and international meat and livestock supply and demand. Scott's fundamental analysis also includes constant monitoring of commodity consumption, global weather, currency trends, political issues, and other market factors. Scott applies all of these elements into his trading in which positions include long or short futures, options, and spreads.
N/A
M&R Capital, LLC (M&R), a registered Commodity Trading Advisor, primarily trades regulated livestock related futures and options. M&R has been registered since January 2015. Trading ideas and execution are initiated by Scott Shepard, the trading principal. Scott started his career on the Chicago Mercantile Exchange trading floor over 20 years ago. He began as a livestock analyst, ending as a full CME member, floor manager, and senior livestock analyst at the largest private commercial entity in the industry. In 2005 another large commercial livestock interest recruited Scott to direct hedging and risk management. Controlling a dynamic portfolio of futures and options, Scott was responsible for all livestock positions for the firm. He gained considerable knowledge using options as a means to mitigate risks.
Performance
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | ROR | Max DD | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -3.67% | 2.01% | – | – | – | – | – | – | – | – | – | – | -1.73% | -3.67% |
| 2025 | -0.37% | 0.97% | -4.59% | -1.38% | -2.95% | -2.82% | -2.02% | -4.94% | -1.38% | 6.58% | 11.41% | -11.97% | -14.29% | -18.49% |
| 2024 | 5.50% | 4.46% | 1.21% | 1.07% | -3.61% | -2.45% | -1.70% | 1.59% | -4.47% | -3.67% | 4.03% | -1.41% | -0.09% | -13.59% |
| 2023 | -0.48% | 3.36% | 7.51% | 2.95% | 1.83% | 8.07% | 0.76% | -4.04% | -3.13% | 0.14% | 1.52% | -0.89% | 18.24% | -7.04% |
| 2022 | 1.50% | -0.64% | -1.05% | -3.87% | -6.31% | 0.12% | 3.47% | 0.72% | -2.05% | 7.93% | -0.61% | 1.67% | 0.18% | -11.45% |
| 2021 | 1.22% | 0.16% | -4.12% | 2.53% | -0.54% | 3.66% | 0.39% | 0.04% | -5.46% | 3.80% | 8.86% | 1.94% | 12.38% | -5.46% |
| 2020 | -8.80% | -1.63% | -0.91% | -1.37% | 4.05% | -2.90% | 4.94% | 2.61% | -3.90% | 1.24% | 1.40% | 1.78% | -4.22% | -12.32% |
| 2019 | -3.22% | 2.33% | -1.44% | 3.39% | -3.09% | -0.47% | -2.33% | -4.18% | 6.48% | 2.48% | -0.83% | -1.17% | -2.57% | -9.73% |
| 2018 | -0.73% | -0.69% | 14.93% | -0.55% | 2.53% | 1.90% | 1.28% | -0.04% | 3.56% | -0.83% | 0.01% | -0.31% | 22.04% | -1.41% |
| 2017 | 4.22% | 3.13% | 0.78% | 1.04% | -10.92% | 2.70% | 1.49% | -0.56% | 5.42% | 4.08% | 0.29% | 2.39% | 13.85% | -10.92% |
| 2016 | -12.40% | 3.82% | 1.74% | -3.99% | 14.10% | -3.73% | 2.46% | -5.85% | -3.15% | 1.10% | 11.84% | 0.80% | 3.91% | -12.40% |
| 2015 | 28.26% | -6.43% | 4.96% | 9.06% | -5.74% | 2.53% | -1.55% | 7.37% | -10.30% | 8.25% | -13.88% | 4.60% | 22.76% | -16.38% |
| 2014 | – | – | – | – | 1.53% | -0.73% | 9.59% | 8.67% | 17.38% | 9.13% | -3.27% | 15.20% | 71.33% | -3.27% |
Track Record Compiled By: In house
Accounting Notes: Performance from May 2014 - January 2015 represents accounts individually managed by Scott Shepard. In February 2015, accounts managed by Scott Shepard, individually, were moved into the M&R Capital, LLC program. The returns were able to be attributed to M&R Capital, LLC because Scott Shepard, individually, used the same trading strategy as is used by M&R. Returns from May 2014 - January 2015 have been adjusted to reflect the 2% Management and 20% Incentive fees.
PAST PERFORMANCE DOES NOT GUARANTEE FUTURE SUCCESS. THERE IS A RISK OF LOSS IN FUTURES TRADING.>
Risk Disclosure
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.