Growth of $1,000 VAMI and Monthly Return
Trading Description, Risk Strategy & Background
The Energy Volatility Program is a systematic Volatility hedged option program guided by a proprietary trading model developed to trade the CME/NYMEX Energy futures volatility and designed to anticipate when the market is in or about to enter a turbulent time. The Energy Volatility Program uses a proprietary options strategy, which includes options selling and options writing, to capitalize on the systematic entry signals produced by the program. Long option hedging is systematically designed to anticipate when the market is in or about to enter a turbulent time. While the hedging is intended to implement adequate risk measures, if an account does not meet the minimum account size requirement of $100,000 for this program, it is likely BGA will not be able to properly hedge or hedge at all in the account, thus exposing the account to large gains and losses compared to other accounts that were able to be hedged.
Charles Dai, CEO/CIO: Mr. Dai is the Chief Executive Officer of Buckingham Global Advisors, LLC., and the Portfolio Manager for the WEP and SEP strategies. Mr. Dai spent the early years of his career in a computer and software engineering capacity including employment at EMC Corporation and Ford Motor Company. In May 2008, Mr. Dai started his professional finance career with Deutsche Bank as a trader in the Asia equity proprietary trading desk. Mr. Dai left Deutsche Bank during the financial crisis, returning to Chicago to complete graduate school. Mr. Dai obtained MBA degree in Finance from the University of Chicago, Booth School of Business in June of 2009. Upon graduation, Mr. Dai was hired as a Senior Quantitative Analyst for Modern Asset Group, a Commodity Pool Operator in Chicago. In this role, Mr. Dai spearheaded the development of a firm-wide strategy in selecting partner trading advisors, as well as designing a risk management policy. In December 2011, Mr. Dai moved to California due to family relocation. Between January 2012 and April 2016, Mr. Dai worked for Western Asset Management Company, one of the biggest bond funds on the West Coast as a Project Manager/Business Analyst in derivative trading. Since 2014, Mr. Dai had been actively prepared to offer investment services and eventually launched Weekly E Mini Program ("WEP") to outside investors in March 2015. Mr. Dai currently oversees all of Buckingham's investment strategies and trade execution.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | ROR (YTD) | Max DD |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.55% | 0.86% | -2.26% | 0.18% | -0.70% | -2.26% | ||||||||
| 2025 | 1.28% | 1.49% | 1.51% | 0.94% | 1.35% | 0.17% | 1.70% | 2.91% | 2.83% | 2.02% | 0.26% | 0.85% | 18.72% | N/A |
Track Record Compiled By: Buckingham Global Advisors, LLC
Annual Performance Summary
| Year | Yearly Return | Max Drawdown | Year-End AUM |
|---|---|---|---|
| 2026 | -0.70% | -2.26% | $11,000,000 |
| 2025 | 18.72% | N/A | $21,000,000 |
| Year | Yearly Return | Max DD |
|---|---|---|
| 2026 | -0.70% | -2.26% |
| 2025 | 18.72% | N/A |
THERE IS UNLIMITED RISK OF LOSS ASSOCIATED WITH WRITING SHORT OPTION CONTRACTS.
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.