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Home » Manager List    »    Le Mans Trading LLC    »   


Le Mans Trading LLC - Bowmoor Global Alpha Aggressive Fund



Principal(s): Tyler Resch & JonPaul Jonkheer
Strategy: Systematic / Trend Following
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Investment Restrictions: 4.7 Exempt - QEPs Only
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141 W Jackson Blvd Suite 1940
Chicago, IL 60604 United States
312-561-3144

Main E-Mail: [email protected]
Marketing E-Mail: [email protected]
Administrative E-Mail: [email protected]

Statistics & Program Information

  • Recent Statistics
  • Trading Strategy
  • Program Information
  • Accounting Firm
  • Correlations
Sep 2025 Return   10.71% Worst Drawdown (2)    -13.2% Minimum Investment   $0
YTD Return: 6.7% Losing Streak (3):  -1.65% AUM (5):  $1,000
Annualized CROR(1)  5.79% Sharpe Ratio 4% RF ROR(4):  0.08 Calmar Ratio (6):  N/A
2) Annualized ACROR is based on compounding. Please see Footnotes for more information.
Trading Methodology
100% Systematic
Style Sub-Categories
Trading Style
100% Trend Following
Market Sector
13% Stock Indices
13% Currencies
14% Financials
12% Metals
12% Energies
12% Agriculturals
12% Meats
12% Softs
Holding Period
100% Long Term
Geographic Sector

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Contracts:
Futures

Start Date   Jul-2024 Currency   US Dollar Management Fee    1.00%
Accepting New Accounts   Yes Min Investment    $0 Incentive Fee    0.00
NFA Member    Yes Fund Minimum    $250,000 Other Fees   None
NFA Number    P188458 Margin (7)   0% Avg Comm (8)   $0.00
Notional Funds    No Round Turns Per Million (10)    0 Max Comm (9)   
Starting Date:  Jul-2024 Currency:  US Dollar
Open to New Investors:  Yes Current Assets:  $1,000
Open to US Investors:  Yes Annualized CROR:  3.52%
Minimum Fund Investment:  $250,000
Minimum Managed Account:  $N/A Current Losing Streak:  -1.65 %
Domocile:  US Calmar:  N/A
Subscriptions:  Monthly Sharpe Ratio: 4% RF ROR  0.08
Redemptions:  Monthly US Attorney:  Not Listed
Lock Up:  N/A Offshore Attorney:  CLARK HILL
Hurdle Rate:  N/A Administrator:  Not Listed
Administraton Fee:  0.00% Prime Broker:  Not Listed
Management Fee:  1.00% Auditor:  Ryan & Juraska
Incentive Fee:  25.00% NFA Member:  Yes
Selling Fee:  0.00% FINRA Member:  No
Other Fees:  None Other Memberships:  None
Type of Fund:
Futures Fund
Single Advisor Fund
Domicile:
US
Strategy:
Futures Strategies

Track Record Prepared By: N/A
Correlations:

Growth of $1,000 VAMI and Monthly Returns

Trading Description, Risk Strategy & Background

Trading Description

The Bowmoor Global Alpha US Fund is known for its trend-following and systematic macro approach. The investment portfolio spans 21 major futures markets on CME and Eurex, ensuring high liquidity and diversification across the largest financial and commodity sectors globally. Risk is meticulously managed through strict, comprehensive rules, with daily adjustments to portfolio allocation and position sizes. Employing a reliable multi-strategy, multi-frequency approach, Global Alpha captures diverse price trends across various time horizons, from short-term to long-term positions, which can range from several days to many years. Its performance is driven by macroeconomic trends, with both favorable and unfavorable long-term trends consistently providing a clear and repeatable source of alpha.

The Investment Team consists of Gareth Abbot and Brendan Mulvany. Gareth Abbot - Gareth is a mathematician by profession and passion and is a Fellow of the Institute of Mathematics and its Applications (FIMA). Gareth has a trading, research and investment management career built over 20 years, reading pure mathematics at Glasgow and Strathclyde University. Gareth started out his professional career in the City of London, heading up the derivatives desk at Duncan Duckett. He then joined Harmonic Capital Partners - a leading global macro hedge fund - where he was instrumental in its growth during that period from $10m to $250m in assets under management. Gareth designed and developed the Global Alpha strategy from 2003 to 2006 and, as Investment Manager, continues to run the strategy and is responsible for its on-going research and development. Brendan Mulvany - Brendan Mulvany is an experienced Head of Execution, with over 30 years of trading experience. Brendan started his trading career with Dresdner Bank and Bank of America, specialising in the derivatives, futures and options markets. This led to Brendan building highly successful trading operations at the forefront of the investment industry, from the trading floor of the LIFFE EXCHANGE, to the desks of member firms KYTE FUTURES, REFCO, GHF FUTURES and MAREX. As Head of Execution, Brendan leads all aspects of the Global Alpha strategy implementation.

Risk Strategy
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.

Performance

Monthly Performance Since Jul 2024

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Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov DecRORMax DD
2025 5.80% -6.91% 8.37% -9.81% -2.37% -1.42% 1.39% 0.94% 10.71%   4.97% -13.20%
2024  -5.86% -6.97% 5.15% -2.13% 4.90% 5.21% -0.53% -12.42%


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Annual Performance

PAST PERFORMANCE DOES NOT GUARANTEE FUTURE SUCCESS. THERE IS A RISK OF LOSS IN FUTURES TRADING.

Footnotes

1. The Annualized Compounded ROR ("Rate of Return") is the average return of an investment over a number of years. It smoothes out returns by assuming constant growth. 2. Peak to Valley Drawdown ("Maximum Drawdown") is the worst drawdown % the time-period. 3. Sharpe Ratio uses a 4% Risk Free ROR (Rate of Return) 4. Calmar Ratio Uses last 36 months of Data 5. The hypothetical growth of $1,000

++Qualified Eligible Investors Only:

A Qualified Eligible Person must meet the following two requirements: 1) the investor must first be an accredited investor. The most common ways for this are to either have a net worth of $1,000,000 or more OR an annual income of $200,000 or more for the last two years OR, combined with a spouse, $300,000 per year for two years, 2) the investor must meet an additional portfolio requirement, which is having $4,000,000 in securities holdings OR the person must have on deposit with a Futures Commission Merchant at least $400,000 in exchange-specified initial margin and option premiums, and required minimum security deposit for retail forex transactions).

Exemptions:

PURSUANT TO AN EXEMPTION FROM THE COMMODITY FUTURES TRADING COMMISSION IN CONNECTION WITH THE ACCOUNTS OF QUALIFIED ELIBIBLE PERSONS, THIS BROCHURE OR ACCOUNT DOCUMENT IS NOT REQUIRED TO BE, AND HAS NOT BEEN, FILED WITH THE COMMISSION. THE COMMODITY FUTURES TRADING COMMISSION DOES NOT PASS UPON THE MERITS OF PARTICIPATING IN A TRADING PROGRAM OR UPON THE ADEQUANCY OR ACCURACY OF THE COMMODITY TRADING ADVISOR DISCLOSURE. CONSEQUENTLY, THE COMMODITY FUTURES TRADING COMMISSION HAS NOT REVIEWED OR APPROVED THIS TRADING PROGRAM OR THIS BROCHURE OR ACCOUNT DOCUMENT.

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.

 
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