Growth of $1,000 VAMI and Monthly Return
Trading Description, Risk Strategy & Background
The Great O'Neill Program employs a proprietary trading technique in which fundamental factors, such as market psychology, and technical indicators are combined in an attempt to forecast market direction. (www.thegreatoneill.com)
Monitor overall book size. Monitor for excessive exposure to correlated markets. Use options to protect downside. (www.thegreatoneill.com)
John Kierans is head of trading. He has been trading his own money since 1996. John traded in the trading pits of the New York Board of Trade (NYBOT) / ICE exchange and the trading pit of the New York Mercantile Exchange (NYMEX) / CME Group. John served on the board of directors of the NYBOT FINEX division from 2002 to 2007. John holds a degree in Business Studies and Capital Markets from Dublin City University and various other professional qualifications. Colin Bracken directs our quantitative analysis and research. Colin assesses trade opportunities and risk for The Great O’Neill. Colin holds a degree in Applied Physics and a Masters of Business Studies from the University of Limerick. Colin worked as a trader with Custom House Capital before joining the firm in 2009. In 2015 we took the decision to evolve into a CTA and offer our services to the private high-net-worth market. Our first objective was to develop a product that offers genuine diversity to private clients, who are typically only long assets. Our second objective was durability. We aim to be around for a long time and so created a low leverage product. Our max leverage is one and a half times book. Our normal leverage is a fraction of that. Most banks operate at well over 20 times book! Finally our third and final objective was to create a positive performance. Using our own proprietary funds the Great O’Neill began trading in January 2016. We have and continue to meet all three of our objectives. • Diversity • Low Leverage Low Risk • Performance In 2018 the Great O’Neill registered with the NFA as a Commodity Trading Advisor (CTA). We launched our website (www.thegreatoneill.com) in 2019 and are now actively seeking clients.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | ROR (YTD) | Max DD |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -0.21% | 0.45% | 6.72% | -4.47% | 2.20% | -4.47% | ||||||||
| 2025 | 1.02% | -2.46% | 2.17% | -2.44% | -1.87% | -1.66% | 0.03% | 0.28% | 0.55% | 0.97% | -0.81% | -0.52% | -4.76% | -6.18% |
| 2024 | -4.04% | 0.76% | 1.34% | 0.24% | 9.03% | -1.61% | -4.33% | -2.32% | -0.75% | 2.15% | -3.83% | -1.76% | -5.68% | -11.93% |
| 2023 | -6.88% | -3.66% | -4.29% | -0.56% | 0.07% | -3.57% | 2.01% | -1.22% | 1.29% | -2.74% | -0.52% | -2.70% | -20.83% | -20.83% |
| 2022 | 10.71% | 9.31% | 4.70% | -0.56% | 14.56% | 7.64% | -5.99% | -5.04% | 7.67% | -3.12% | 0.40% | 4.84% | 52.28% | -10.73% |
| 2021 | 2.05% | -5.60% | -5.53% | 1.10% | 5.75% | -5.40% | -0.33% | -1.52% | -12.22% | -5.20% | -2.30% | -4.33% | -29.70% | -31.12% |
Accounting Notes: Monthly returns include a deduction for a 20% pro-forma incentive fee based upon net new profits. Monthly returns include a deduction for a 2% annual (1/6% per month) proforma management fee based upon ending net asset value. Pro-forma adjustments were made to demonstrate the rates of return that would have been achieved if the Advisor's maximum current fee structure was in effect.
Annual Performance Summary
| Year | Yearly Return | Max Drawdown | Year-End AUM |
|---|---|---|---|
| 2026 | 2.20% | -4.47% | $710,000 |
| 2025 | -4.76% | -6.18% | $697,000 |
| 2024 | -5.68% | -11.93% | $1,464,000 |
| 2023 | -20.83% | -20.83% | $2,000,000 |
| 2022 | 52.28% | -10.73% | $2,000,000 |
| Year | Yearly Return | Max DD |
|---|---|---|
| 2026 | 2.20% | -4.47% |
| 2025 | -4.76% | -6.18% |
| 2024 | -5.68% | -11.93% |
THERE IS UNLIMITED RISK OF LOSS ASSOCIATED WITH WRITING SHORT OPTION CONTRACTS.
Accounting Notes:
Monthly returns include a deduction for a 20% pro-forma incentive fee based upon net new profits. Monthly returns include a deduction for a 2% annual (1/6% per month) proforma management fee based upon ending net asset value. Pro-forma adjustments were made to demonstrate the rates of return that would have been achieved if the Advisor's maximum current fee structure was in effect.Risk Disclosure
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.