Trading Description:
The Hyperion Fund is an actively traded absolute return fund utilizing S&P 500 options and futures. The fund’s objective, through its four strategies, is to produce repeatable and clearly
defined returns regardless of market direction. We weight each strategy to achieve a desired negative correlation to major indices as well as the systems being traded. Through analyzing
this data and experience in various market cycles, we have developed an understanding of where each strategy will struggle and where it will outperform. The need then is to have a
strategy that will outperform to a higher ratio than the other will struggle and to weight the two
to give the fund the highest chance of a consistently profitable trade. Although there is always a risk of loss, we believe completely that we have created a portfolio of strategies that will achieve our objective and add diversification and value to an investor’s portfolio.
The program currently trades
- 45% Directional Spread Strategy
- 35% Tactical Strategy
- 15% Risk Sigma Strategy
- 5% Volatility Capture Strategy
Portfolio Managers
Jiangtao Du - Directional Spread Strategy. Mr. Du began his career as a Portfolio Manager in 1998 at JPMorgan Chase after completing his Statistics PhD studies at Harvard University and the University of Science and Technology of China with a B.S. in Computer Science. After leaving JPM in 2006 Mr. Du went on to spend the next 7 years as a portfolio manager and analyst, with firms - Deutsche Bank, Capula Investment Management, and TD Securities.
Scott C. Kimple - Tactical Strategy. Mr. Kimple received a BBA in Finance from Southern Methodist University and an MBA, with emphasis in Finance and Derivative Securities from Southern Methodist University’s Cox School of Business. Mr. Kimple holds the Series 3, 7 and 63 licenses, and has researched, tested and honed the options-based trading strategy that he's used since 1997.
Scot Billington - Volatility Capture Strategy. Mr. Billington worked as an assistant trader for Bradford & Company, a Futures Commission Merchant (FCM) and division of J. C. Bradford from July 1993 until May 1999 when he began forming CCM. Mr. Billington was a member of the Chicago Board Options Exchange and a Market Maker at Ronin Capital in OEX 100 Index options until January 4, 2005.
Tim Lu - Risk Sigma Strategy. Dr. Lu completed his Engineering PHD studies at the University of Illinois Urbana-Champaign, and has been a licensed Professional Engineer in the State of California since September 1993, an independent consultant since January 2000. For the past 20 years, Dr. Lu has applied his engineering expertise to studying fluctuations in the stock markets and its effects on financial markets.
Risk Strategy:
From the ground up, the entire trading program was specifically designed and built with a defensive risk profile in mind. The ethos of the trading strategy was to provide a high return stream with moderate volatility and manageable drawdowns while keeping margin-to-equity ratios to a minimum. Moreover the program was designed to use continuous electronic data, not stationary price points which provides the most up-to- date price discovery. The program uses this (in some cases 24hrs continuous) data as a major input such that the information is most current. This helps the system constantly adjust to the newest decisions. The program also employs a in-built Extreme Event Risk module which systematically manages such extreme events such that panic and emotional responses are avoided.
Background:
Tyler Resch: Mr. Resch is a senior member of the portfolio management team, he plays a pivotal role in assisting both retail and institutional clients in constructing well-balanced, diversified, and non-correlated portfolios of managed futures. Mr. Resch's deep understanding of alternative investments and portfolio management has earned him recognition in esteemed financial publications, including The Wall Street Journal, CTA Intelligence, and Commodities Now.
Mr. Resch served as a Commodity Trader at Lind-Waldock. Working as part of a dynamic team, he was responsible for trading highly liquid contracts with a specific focus on systematic trading. This experience fortified his knowledge and honed his skills in navigating the complexities of the market. With his extensive background and demonstrated expertise, Mr. Resch is committed to delivering exceptional portfolio management services and guiding clients towards achieving their investment goals.
JonPaul Jonkheer: Mr. Jonkheer plays a pivotal role at Le Mans Trading, overseeing the firm's daily operations and spearheading strategic initiatives. With a focus on business development, he actively cultivates relationships with industry professionals in the managed futures space. His extensive experience includes co-founding IASG Alternatives LLC in March 2015, a boutique broker dealer that offers hedge funds and managed futures funds to qualified investors.
Mr. Jonkheer's profound insights into the managed futures industry have gained recognition and have been featured in prominent financial publications and online platforms, including The Wall Street Journal, Michael Covel, and CTA Intelligence. Before joining IASG, he excelled as a sales and marketing executive for 12 years, bringing valuable expertise and a strong business acumen to his current role. Through his leadership, expertise, and established industry connections, Mr. Jonkheer contributes significantly to Le Mans Trading's growth and success.
Accounting Notes:
Track record prior to 10/2020 represents the live client traded managed account track record of the four strategies. 10/2020 forward is Hyperion
fund live returns. This composite performance record is hypothetical and these trading advisors have not traded together in the manner shown in
the composite. Hypothetical performance results have many inherent limitations, some of which are described below. No representation is being there are frequently sharp differences between a hypothetical composite performance record and the actual record subsequently achieved. One made that any multi-advisor managed account or pool will or is likely to achieve a composite performance record similar to that shown. In fact,
of the limitations of a hypothetical composite performance record is that decisions relating to the selection of trading advisors and the allocation advisors. Therefore, composite performance records invariably show positive rates of return. Another inherent limitation on these results is that of assets among those trading advisors were made with the benefit of hindsight based upon the historical rates of return of the selected trading
the allocation decisions reflected in the performance record were not made under actual market conditions and, therefore, cannot completely of assets changes from time to time and these adjustments are not reflected in the composite. Le Mans Trading LLC has had little or no account for the impact of financial risk in actual trading. Furthermore, the composite performance record may be distorted because the allocation experience allocating assets among particular trading advisors. Because there are no actual allocations to compare to the performance results
from the hypothetical allocation, customers should be particularly wary of placing undue reliance on these results.
