AutumnGold Managed Futures
 
 
i3 Investment Partners, LLC
i3 Quantitative Investment Fund, LP

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Statistics & Program Information

Apr 2026 Return
2.4%
Worst Drawdown (2)
-12.02%
Minimum Investment
$250,000
YTD Return
4.83%
Sharpe Ratio 4% RF ROR (4)
0.53
AUM (13)
$66,217,460
Annualized CROR(1)
9.62%
Calmar Ratio (10)
0.25
Losing Streak
-6.47%

PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS. THE RISK OF LOSS IN TRADING COMMODITY FUTURES, OPTIONS, AND FOREIGN EXCHANGE ("FOREX") IS SUBSTANTIAL.

Annualized ACROR is based on compounding. Please see Footnotes for more information.

Trading Methodology
30% Systematic
70% Discretionary
Trading Style
Style Sub-Categories
Market Sector
50% 1500 US & Global Stocks & ETFs
Holding Period
Geographic Sector
Contracts
Start Date   Jun-2016 Currency   US Dollars Management Fee    2.00%
Accepting New Accounts   Yes Min Investment    $250,000 Incentive Fee    20.00%
NFA Member    No Fund Minimum    $250,000 Other Fees   None
NFA Number    Margin (7)   Not Leveraged Average Commission (16)   $0.00
Notional Funds    No Round Turns Per Million (15)    200 Maximum Commission (17)   
Starting Date:  Jun-2016 Currency:  US Dollars
Open to New Investors:  Yes Current Assets:  $66,217,460
Open to US Investors:  Yes Annualized CROR:  9.62%
Minimum Fund Investment:  $250,000
Minimum Managed Account:  $250,000 Current Losing Streak:  -6.47 %
Domicile:   Calmar:  0.25
Subscriptions:  N/A Sharpe Ratio: 4% RF ROR  0.53
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:  2.00% Auditor:  Not Listed
Incentive Fee:  20.00% NFA Member:  No
Selling Fee:  0.00% FINRA Member:  No
Other Fees:  None Other Memberships:  Exempt RIA
Type of Fund:
Domicile:
Strategy:
Correlations: SP 500 TR: 0.551             
1Rates of Return

ROR calculations are not provided when there are less than 12 data points. The Annualized Compounded Rate of Return ("Annualized CROR") represents the compounded rate of return for 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. Annualized CROR is not applicable to CTAs that sum their monthly returns. The Annualized Mean Return is calculated by annualizing the average monthly return.

2Worst Peak-to-Valley Drawdown

The Worst Peak-to-Valley 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. Unless otherwise indicated, the Worst Peak-to Valley Drawdown is calculated from inception.

3Start & End Dates

Indicates the Start and End Dates of the Worst Peak-to-Valley Drawdown.

4Current Losing Streak

The Current Losing Streak ("Losing Streak") represents the extent of the Advisor's current drawdown.

5Annualized Standard Deviation

Annualized 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.

6Downside Deviation

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.

7Sharpe Ratio

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 Ratio is calculated using a risk-free rate of return.

8Sortino Ratio

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%).

9Sterling Ratio

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.

10Calmar Ratio

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.

11Omega Function

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.

12Minimum Investment

Minimum Investment represents the minimum account size.

13Assets Under Management

Assets Under Management ("AUM") represents the current nominal assets traded by the Manager.

14Margin to Equity

Margin to Equity ("Margin") represents the average margin as a percent of a fully funded account.

15Round Turns per Million

Round Turns per Million ("Round Turns") represent the average number of round turns that would be generated in a $1,000,000 account.

16Average Commission

The 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.

17Maximum Commission

Maximum Commission ("Max Comm") is the Maximum Round Turn Rate allowable by the Manager.

Assets Under Management

Date AUM
Apr 2026$66,217,460
Mar 2026$65,665,336
Feb 2026$88,000,000
Jan 2026$68,000,000
Dec 2025$66,723,333
Nov 2025$69,572,757
Oct 2025$70,924,879
Sep 2025$69,804,524
Aug 2025$70,139,675
Jul 2025$70,994,446
Jun 2025$70,468,862
May 2025$70,038,223
Apr 2025$69,917,725
Mar 2025$69,591,639
Feb 2025$72,032,512
Jan 2025$73,065,079
Dec 2024$71,182,289
Nov 2024$72,522,887
Oct 2024$73,726,886
Sep 2024$73,480,572
Aug 2024$72,490,094
Jul 2024$72,856,712
Jun 2024$72,189,800
May 2024$74,205,000
Apr 2024$75,700,000
Mar 2024$78,222,000
Feb 2024$77,976,932
Jan 2024$75,551,197
Dec 2023$76,498,504
Nov 2023$79,022,872
Oct 2023$78,353,557
Sep 2023$79,200,000
Aug 2023$80,500,000
Jul 2023$82,580,000
Jun 2023$82,027,603
May 2023$82,130,000
Apr 2023$81,570,000
Mar 2023$83,000,000
Feb 2023$83,000,000
Jan 2023$83,000,000
Dec 2022$83,000,000
Nov 2022$83,000,000
Oct 2022$83,042,220
Sep 2022$82,458,000
Aug 2022$82,700,000
Jul 2022$81,000,000
Jun 2022$80,000,000
May 2022$82,000,000
Apr 2022$81,000,000
Mar 2022$81,000,000
Feb 2022$81,000,000
Jan 2022$81,000,000
Dec 2021$82,600,000
Nov 2021$82,500,000
Oct 2021$82,500,000
Sep 2021$82,500,000
Aug 2021$82,500,000
Jul 2021$1,000
Jun 2021$1,000
May 2021$1,000
AUM values are as reported by the manager. Figures may be estimated or rounded.

Growth of $1,000 VAMI and Monthly Return

Trading Description, Risk Strategy & Background

i3 is operating as an Exempt RIA. i3 Quantitative Investment Fund's philosophy is that investments continually rotate in and out of favor, creating both opportunities and risks. We analyze relative price trends, and tactically rotate within various asset classes and securities, seeking to capture upside returns while managing downside risk. We implement a strict sell discipline if valuation creates unfavorable risk/reward. i3 Quantitative Investment Fund makes tactical moves within and among asset classes, creating the potential for significant additional returns. We seek consistency through an investment process that is rigorous, disciplined, systematic and repeatable.

Kevin C. Griffin, Yousef Abuhakmeh and Arnie Joseph ("A.J.") Di Cioccio are the principals of the GP (the "Principals"). The General Partner is not registered as an investment adviser with the SEC under the Investment Advisers Act of 1940, as amended (the "Advisers Act") or the securities division of any state, but is registered as an "exempt reporting adviser" under the California "private fund adviser exemption" with the State of California Securities Regulation Division of the Department of Corporations pursuant to Section 260.204.9 of the California Code of Regulations.

Kevin C. Griffin has over 30 years of experience in portfolio management, trading, venture capital and corporate finance. He has direct experience in numerous private equity and public market transactions spanning industries such as high technology (big data analytics and satellite systems), biotechnology and natural resources (oil exploration and production). Previously, Kevin was a Director for Citigroup Global Markets Inc., and traded equity and fixed income syndicate offerings for ultra-high net worth and institutional clients. In addition, Kevin co-managed a discretionary quantitative investment portfolio that utilized a proprietary trading and risk assessment algorithm.

Yousef Abuhakmeh has over 9 years of experience in the financial services industry. Yousef was a Sr. Investment Advisor at National Securities Corporation, co-managing a discretionary quantitative investment portfolio for select high net worth individuals that utilized a proprietary trading algorithm. Previously, Yousef was a Vice President at Citigroup Global Markets Inc., and advised high net worth clients of the bank specializing in risk management and insurance. Yousef was a key member of Citi's investment banking and capital markets team in the process of taking several companies through an initial public offering.

A.J. Di Cioccio has worked in the securities industry for over 19 years, gaining dedicated experience in portfolio management, trading, and private markets. He has been co-managing a discretionary quantitative investment portfolio for select high net worth individuals that utilizes a proprietary trading algorithm since 2014. A.J. was Senior Vice President for Citigroup Global Markets Inc., and was a key member of their investment banking and capital markets team in the process of taking several companies through an initial public offering. Prior to that, he was at Morgan Stanley and then J.P. Morgan advising high net worth individuals, family offices, and institutional clients.

Pro-Forma performance adjusted for a 2% Mgt Fee and 20% Incentive Fee
YearJanFebMarAprMayJunJulAugSepOctNovDecROR (YTD)Max DD
20268.14%-1.84%-3.56%2.40%4.83%-5.33%
20256.15%-3.41%-8.91%0.78%3.62%-2.22%4.23%0.64%3.58%3.43%-3.00%-8.02%-4.38%-12.02%
2024-2.61%5.65%1.74%-7.39%3.61%-2.84%2.92%2.13%0.63%1.50%2.29%-4.39%2.48%-7.39%
20233.49%-2.23%0.47%-1.57%1.24%3.13%4.06%-3.81%-3.68%-2.01%5.27%2.43%6.46%-9.21%
2022-4.01%-2.79%-0.26%3.25%0.44%-2.97%0.27%1.18%-1.32%2.28%1.04%-3.34%-6.34%-6.93%
20213.72%6.67%1.08%-0.06%2.17%0.24%-2.26%2.04%-0.71%-0.79%0.01%0.63%13.17%-2.26%

Track Record Compiled By: N/A

Accounting Notes: Pro-Forma performance adjusted for a 2% Mgt Fee and 20% Incentive Fee. Please note that January 2021 number is estimated.

Annual Performance Summary

Year Yearly Return Max Drawdown Year-End AUM
20264.83%-5.33%$66,217,460
2025-4.38%-12.02%$66,723,333
20242.48%-7.39%$71,182,289
20236.46%-9.21%$76,498,504
2022-6.34%-6.93%$83,000,000
Yearly Return is the compound rate of return for each calendar year. Max Drawdown is the peak-to-valley decline within the year. AUM is as of the last reported month of the year.
Pro-Forma performance adjusted for a 2% Mgt Fee and 20% Incentive Fee
Year Yearly Return Max DD
20264.83%-5.33%
2025-4.38%-12.02%
20242.48%-7.39%
PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS. THE RISK OF LOSS IN TRADING COMMODITY FUTURES, OPTIONS, AND FOREIGN EXCHANGE ("FOREX") IS SUBSTANTIAL.


Accounting Notes:

Pro-Forma performance adjusted for a 2% Mgt Fee and 20% Incentive Fee. Please note that January 2021 number is estimated.

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.