Tactical Investment Mgt Corp
Institutional Commodity Program
Principal(s): Dr. Dave Druz, Colleen Haviland
Strategy: Long Term Trend Following / Diversified
Investment Restrictions: Qualified Eligible Clients Only
Statistical Reports are Subscription Based
Trading Description, Risk Strategy & Background
Tactical's Bellwether Institutional Futures Program trades a globally diversified portfolio of commodities and currencies with the objective of seeking above average long-term growth unrelated to stocks and bonds. Physical commodities represent over half of the portfolio weighting. The Program is based upon capturing hedgers' risk premium and employs an extra-long term, systematic methodology in which it is not uncommon to hold positions (with rolls) for over a year.
Money management deals with all aspects of equity management and risk control. It is vital to the System and is integrated from the ground up. The System uses proprietary, advanced money management and risk control strategies. Overall portfolio risk exposure is constantly reassessed; stop loss orders are placed whenever a trade is entered and once placed, never retreat from the market; a sophisticated variation of constant percentage risking is used which results in an initial average risk of less than 1.0% of account equity per trade.
David S. Druz, MD, 52, is the President, the founder, the sole director and shareholder of Tactical. Dr. Druz received a bachelor's degree in electrical engineering with emphasis in computer science from the University of Illinois in May, 1975 where he graduated first in his class with a 5.0 grade average. He received a medical doctor degree from Johns Hopkins School of Medicine in May, 1979. While pursuing his education, Dr. Druz became fascinated with markets and market theory and began managing his own futures account in 1975. He developed the Tactical Trading System over the next five years. Dr. Druz is the market analyst, research programmer, and a principal of Tactical Investment.
Rob Lingle, 45, is the Vice President, Marketing of Tactical. Mr. Lingle graduated from the University of Southern California in 1983 with a dual degree in Economics and International Relations. His extensive experience in the futures industry began in brokerage at Merrill Lynch Futures and Shearson Lehman Brothers and led to money management for Commodities Corporation as an Associate Trader. Rob owned and operated his own brokerage business until taking his current position with Tactical.
Performance
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | ROR | Max DD | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | -0.44% | -3.67% | – | – | – | – | – | – | – | – | – | – | -4.09% | -4.09% |
| 2022 | 4.97% | 4.53% | 3.96% | 3.92% | -2.70% | -1.53% | -2.66% | -1.26% | 4.53% | 0.74% | -5.33% | 1.45% | 10.41% | -8.20% |
| 2021 | 3.45% | 7.19% | -6.95% | 8.54% | 3.03% | -5.41% | 3.35% | 2.35% | 1.90% | 2.95% | -0.80% | -0.73% | 19.26% | -6.95% |
| 2020 | 1.32% | 5.32% | 10.42% | -1.60% | -1.80% | -1.21% | 8.09% | 6.18% | -5.45% | 5.30% | 4.45% | 11.77% | 50.05% | -5.45% |
| 2019 | -0.85% | 3.78% | -2.33% | 0.51% | 1.21% | 4.20% | 0.62% | 8.47% | -6.56% | -1.31% | -4.25% | 1.25% | 3.97% | -11.70% |
| 2018 | 4.77% | -2.27% | -5.07% | 0.02% | 2.80% | -0.88% | -3.12% | 3.83% | 0.66% | -2.28% | 3.56% | -0.25% | 1.27% | -8.39% |
| 2017 | 1.98% | -2.10% | 0.31% | -0.96% | -2.31% | 3.11% | 2.69% | 6.14% | -5.41% | 1.90% | -3.18% | 0.05% | 1.67% | -6.68% |
| 2016 | 1.48% | 5.40% | -2.47% | 5.70% | 0.82% | 4.11% | 0.01% | -6.22% | -1.72% | -0.60% | 3.33% | -0.96% | 8.50% | -8.39% |
| 2015 | 9.53% | -4.17% | 0.56% | -3.84% | -0.13% | -9.09% | 4.38% | 6.99% | 2.27% | -4.58% | 2.34% | -2.25% | 0.46% | -15.87% |
| 2014 | -1.26% | 2.22% | 0.51% | 5.38% | -3.16% | 2.80% | 14.42% | 2.34% | 16.31% | -12.78% | 7.99% | 9.92% | 50.07% | -12.78% |
| 2013 | 1.41% | -4.79% | -0.15% | -3.12% | 0.59% | -0.50% | -2.25% | -2.77% | -4.85% | -0.11% | -0.11% | 1.29% | -14.56% | -16.82% |
| 2012 | -2.27% | 0.45% | -5.43% | 1.00% | -0.64% | -0.71% | 21.17% | 1.22% | -2.06% | -5.74% | -3.39% | -0.16% | 1.02% | -10.96% |
| 2011 | -8.39% | 9.45% | -7.71% | 13.53% | -15.31% | -7.43% | 1.19% | 3.30% | 0.82% | -10.52% | -6.77% | -0.43% | -27.90% | -31.37% |
| 2010 | -1.63% | -3.23% | 4.88% | 2.26% | -2.40% | 3.24% | -0.54% | -3.65% | 19.98% | 18.27% | 9.23% | 10.55% | 68.90% | -4.81% |
| 2009 | 0.30% | -1.12% | -8.39% | -2.65% | 15.67% | -3.40% | 5.33% | 10.29% | -1.99% | -1.49% | 10.46% | -1.98% | 20.00% | -11.82% |
| 2008 | 8.09% | 21.39% | -7.18% | 0.14% | 2.05% | 6.78% | -12.30% | -1.64% | -1.15% | 26.62% | 1.38% | 1.98% | 48.35% | -14.73% |
| 2007 | -6.33% | -1.68% | -7.15% | 8.58% | -0.61% | 6.76% | -1.66% | -10.49% | 26.03% | 3.69% | -7.52% | 1.91% | 6.84% | -14.48% |
| 2006 | 16.31% | -6.10% | 6.94% | 15.83% | 1.00% | -2.61% | -10.06% | 4.52% | -4.15% | -0.28% | 8.02% | -3.79% | 24.26% | -12.49% |
| 2005 | -4.20% | 1.12% | -3.78% | -3.03% | 4.16% | -0.47% | -3.80% | 6.90% | 0.71% | -4.01% | 9.14% | 5.22% | 6.98% | -9.86% |
| 2004 | 4.51% | 14.38% | 1.44% | -18.94% | -7.83% | -7.31% | 6.49% | -3.17% | 5.98% | 4.00% | 12.75% | 0.39% | 8.04% | -30.75% |
| 2003 | 10.47% | 9.08% | -7.41% | 4.31% | 6.11% | -6.42% | -7.00% | 0.34% | 1.71% | 12.69% | -2.04% | 6.75% | 29.26% | -12.97% |
| 2002 | -5.52% | 0.90% | -0.43% | -3.55% | 9.82% | 9.78% | 3.65% | 4.48% | 3.59% | -3.01% | 2.27% | 9.58% | 34.58% | -8.45% |
| 2001 | -1.79% | 2.46% | 13.89% | -7.74% | 3.04% | 3.61% | -3.37% | 1.99% | 5.29% | 8.13% | -9.62% | 1.55% | 16.26% | -9.61% |
| 2000 | 3.82% | -0.18% | -4.05% | 1.34% | 8.37% | -3.59% | -1.20% | 3.46% | -1.01% | 4.57% | 9.67% | 8.64% | 32.74% | -4.75% |
| 1999 | -9.34% | 1.84% | -7.46% | 3.90% | -8.46% | -1.69% | 0.75% | 2.46% | 4.66% | -12.91% | 2.85% | 3.21% | -20.21% | -24.83% |
| 1998 | -1.04% | -3.36% | -1.72% | -3.55% | 3.27% | 4.67% | -0.84% | 16.37% | -1.51% | -1.66% | -5.15% | 8.74% | 12.97% | -9.35% |
| 1997 | 9.12% | 8.51% | -1.67% | -4.86% | 6.84% | -9.36% | 12.24% | 3.86% | 4.03% | -2.05% | 0.12% | 3.93% | 32.59% | -9.41% |
| 1996 | -6.84% | -3.29% | 4.35% | 26.14% | -5.15% | 0.52% | -6.38% | 4.17% | 7.35% | 8.53% | 8.96% | -6.33% | 31.11% | -10.74% |
| 1995 | -5.92% | 1.62% | 12.88% | 5.32% | 11.17% | 0.33% | -5.94% | -4.53% | -2.33% | 1.62% | 5.25% | 26.28% | 50.17% | -12.29% |
| 1994 | -10.55% | -11.64% | 0.83% | 0.23% | 8.46% | 2.69% | -3.59% | -5.64% | 3.48% | 2.70% | 12.71% | 2.78% | -0.36% | -20.96% |
| 1993 | – | – | – | 1.75% | 5.47% | 3.10% | 13.16% | 4.84% | -6.22% | -3.53% | 4.13% | 3.49% | 28.00% | -9.53% |
PAST PERFORMANCE DOES NOT GUARANTEE FUTURE SUCCESS. THERE IS A RISK OF LOSS IN FUTURES TRADING.>
Risk Disclosure
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.