Backhouse Trading, LLC
Discretionary Global Macro
Principal:
Eric Lin
Global Macro / Diversified
Interested in this program? Request Additional Information →
Month Performance
-1.37%
Aug 2026
YTD Return
+8.08%
Through Aug 2026
AUM
$105,000,000
Assets Under Management
Overview
The program is a discretionary global macro strategy implemented via futures trading on U.S. regulated exchanges. The program's goal is to compound capital for clients at strong double-digit CAGR while being generally uncorrelated with the S&P 500 and trend-following CTA programs. The program is designed to provide all-weather absolute returns. The program uses a multidisciplinary approach (bottom-up research on companies/sectors, top-down macroeconomic trends, market positioning data, market narrative/sentiment, and technical analysis) to make directional bets. The program is constrained to liquid U.S. futures contracts and trades the following sectors -- interest rates, equities, softs, metals, FX, energies, and grains.
Program Details
| Inception Date | Jan 2019 |
| Trading Style | Global Macro |
| Holding Period | Medium Term, Short Term |
| Markets Traded | Diversified |
| Margin | 5% |
| Minimum Investment | $500,000 |
| Management Fee | 2% |
| Performance Fee | 20.00 |
This is a snapshot only. Investors should read Disclosure/Offering documents to determine suitability of investment.
GROWTH OF $1,000 VAMI
Program vs. Autumn Gold CTA Index
About the Autumn Gold CTA Index:
The Autumn Gold CTA Index is a non-investable index comprised of performance from CTA programs included in the Autumn Gold database and does not represent the complete universe of CTAs.
Hypothetical growth of $1,000 based on reported monthly returns.
PERFORMANCE SUMMARY
Annual Returns (Net)
| YEAR | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| RETURN | +14.19% | +27.66% | +13.84% | +3.07% |
Maximum Drawdown Since Inception
-22.93%
Past performance is not indicative of future results.
Investor Eligibility
What is a QEP?
A Qualified Eligible Person (QEP) is an investor or entity that meets the eligibility requirements described in CFTC Regulation 4.7. The applicable requirements vary by investor type and may include financial, portfolio, professional, or institutional qualifications.
This information is provided for general reference only. QEP status is
self-identified here and should be determined by reviewing the applicable
regulation and, when appropriate, with your professional advisers.
FUTURES, OPTIONS, CRYPTO, AND FOREX TRADING INVOLVES RISK AND MAY NOT BE SUITABLE FOR ALL INVESTORS. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.