CTA Profiles

Coeus Capital B.V. - Diversified Currency Fund

Principal(s): RJ Teuwissen, H van Andel, RJ van Kuijk
Strategy: G10 Currency Pairs, Gold, WTI & Equities
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Investment Restrictions: Non-US Investors Only++

Statistics & Program Information

Nov Return 1.79%	Worst Drawdown ⁽²⁾ -4.16%	Minimum Investment €100,000
YTD Return 4.78%	Losing Streak ⁽³⁾ -2.44 %	AUM⁽⁵⁾ €1,000
Annualized CROR ⁽¹⁾ 10.39	Sharpe Ratio ⁽⁴⁾ 2.24	Calmar Ratio ⁽⁶⁾ 1.75

Trading Methodology 70% Systematic 30% Discretionary	Style Sub-Categories Discretionary Currency Pairs	Trading Style 100% Both Systematic and Discretionary Trader
Market Sector 100% Currencies	Holding Period 15% Short Term 85% Intraday	Sector Global Contracts Futures

Start Date Oct-2022	Currency Euro	Margin ⁽⁷⁾
New Money Yes	AUM ⁽⁵⁾ €1,000	Management Fee 2.00%
Min Investment €100,000	Annualized CROR ⁽¹⁾ 10.39	Incentive Fee 20.00%
Fund Minimum €100,000	Losing Streak ⁽³⁾ -2.44 %	Other Fees 1% Administrative Fee
Notional Funds No	Worst Drawdown ⁽²⁾ -4.16 %	Avg Comm ⁽⁸⁾ $0.00
NFA Member No	Sharpe Ratio ⁽⁴⁾ 2.24	Max Comm ⁽⁹⁾
NFA Number	Calmar Ratio ⁽⁶⁾ 1.75	Round Turns ⁽¹⁰⁾ 0

Starting Date: Oct-2022	Currency: Euro
Open to New Investors: Yes	Current Assets: €1,000
Open to US Investors: Yes	Annualized CROR: 10.39%
Minimum Fund Investment: €100,000	Worst Monthly Drawdown: -4.16
Minimum Managed Account: €100,000	Current Losing Streak: -2.44 %
Domocile: Netherlands	Calmar: 1.75
Subscriptions: Monthly	Sharpe Ratio: 2.24
Redemptions: Monthly	US Attorney: N/A
Lock Up: N/A	Offshore Attorney: Ploum Lawyers
Hurdle Rate: N/A	Administrator: IQEQ
Administraton Fee: 0.00%	Prime Broker: Alpha Trade Pty Ltd
Management Fee: 2.00%	Auditor: N/A
Incentive Fee: 20.00%	NFA Member: No
Other Fees: 1% Administrative Fee	FINRA Member: No
	Other Memberships: None

Type of Fund:	Domicile: Netherlands	Strategy: Futures Strategies

Track Record Prepared By: N/A

Correlations: AG CTA Index: 0.067 AG Systematic CTA Index: 0.087

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 Annualized Compounded Rate of Return ("Annualized 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 Annualized 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:

Three to four trading teams are selected to trade for the benefit of a part of the funds portfolio. Trading will mainly involve the G10 currency pairs, but to some extent, gold, WTI and equity indices (l/s) are allowed as well. A maximum effort is spent to make sure each team has an impeccable track record, an extensive experience and diversifying properties to the other teams.

The Coeus Capital Diversified Currency Fund aims to achieve an attractive growth of value with an acceptable risk by investing primarily in currencies. Characteristics of currencies include:

Highly efficient trading;
No correlation with other asset classes;
Relatively low volatility;

The The absence of any correlation with other asset classes makes the Coeus Capital Diversified Currency Fund an excellent diversification to an existing investment portfolio.

The Coeus Diversified Currency Fund is organised in the Netherlands as a Fund for Joint Account and is managed by Coeus Capital BV. The performance shown represents past performance and is not a guarantee of future results. Investments in foreign currencies involve special risks, including political, economic and market risks. This information is provided for information purposes only and should not be considered as an investment advice. Before investing, read the Fund's Information Memorandum and consult your financial advisor. Fund documentation is available at [email protected].

Risk Strategy:

Each trading team respects a stop-loss of -3% on a daily basis, -5% on a weekly basis, -10% on a monthly basis and overall, a stop-loss of -30% versus the High Water Mark.

Background:

Accounting Notes:

Performance from March 2018 to September 2022 represents Hypothetical Proprietary Pro-Forma based on actual past performance of the traders chosen to trade the fund. Performance has been adjusted for a 1% administrative cost, 2% Management Fee and a 20% Performance Fee.

The Coeus Diversified Currency Fund is organised in the Netherlands as a Fund for Joint Account and is managed by Coeus Capital BV. The performance shown represents past performance and is not a guarantee of future results. Investments in foreign currencies involve special risks, including political, economic and market risks. This information is provided for information purposes only and should not be considered as an investment advice. Before investing, read the Fund's Information Memorandum and consult your financial advisor. Fund documentation is available at [email protected].

Performance

	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	ROR	Max DD
2024	2.59%	1.92%	0.60%	-0.42%	1.15%	1.36%	-1.37%	-1.13%	0.79%	-2.49%	1.79%		4.78%	-4.16%
2023	0.51%	-1.73%	0.33%	3.32%	0.41%	-2.11%	0.11%	0.38%	-0.17%	0.22%	0.97%	0.68%	2.86%	-2.11%
2022	1.51%	2.21%	0.31%	0.86%	1.77%	0.63%	0.78%	1.45%	0.47%	0.52%	2.02%	0.10%	13.36%	0%
2021	-0.89%	1.05%	0.93%	0.71%	-0.40%	-0.41%	1.08%	0.46%	1.19%	1.47%	1.74%	1.10%	8.29%	-0.89%
2020	0.88%	1.21%	1.03%	0.67%	1.59%	-0.88%	0.71%	1.11%	0.32%	0.66%	0.80%	0.64%	9.06%	-0.88%
2019	2.48%	3.52%	0.66%	0.13%	1.13%	1.81%	1.22%	0.20%	1.20%	1.20%	0.62%	1.30%	16.55%	0%
2018			-1.22%	3.78%	1.94%	-0.86%	2.32%	1.66%	0.87%	2.65%	1.47%	2.34%	15.88%	-1.22%

HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM.

ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS.

Annual Performance

Years	2018	2019	2020	2021	2022	2023
ROR	15.88%	16.55%	9.06%	8.29%	13.36%	2.86%
Max DD	-1.22%	0.00%	-0.88%	-0.89%	0.00%	-2.11%

Years	2024 YTD
ROR	4.78%
Max DD	-4.16%

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.