Paragon Global Markets
Ahead Capital Management, LLC
Event Driven Global Macro
Global Macro / G5 Equity & Bond Indexes, Currencies, Commodities | Trend Following
Request Additional Information →
Month Performance
+0.14%
Sep 2026
YTD Return
+2.94%
Through Sep 2026
AUM
$13,200,000
Assets Under Management
Overview
The strategy involves event-driven directional trades in G-5 sovereign bonds and equity indexes, as well as currencies and commodities. The strategy is fully discretionary.
We identify 1-3 month fundamental trends in all major macro instruments, and then we identify future events that could accelerate, weaken or reverse any of those trends.
We structure our trades around such future events. Trade types we look at are as follows:
1. entering a trade after an event that we believe should impact a short-term trend significantly (therefore, not immediately priced in by the market);
2. entering and exiting a trade before an important event to play market's pre-positioning for the event, such as shorts or longs accumulation or short covering;
3. entering a trade before an important event and exiting it after the event to capture price movement caused by the event.
Average trade duration is 3 days.
Program Details
| Inception Date | Dec 2020 |
| Trading Style | Trend Following |
| Holding Period | Short Term |
| Markets Traded | Stock Indices, Currencies, Financials, Metals, Energy, Softs |
| Margin | 5.99% |
| Minimum Investment | $1,000,000 |
| Management Fee | 0.00% |
| Performance Fee | 20.00% |
This is a snapshot only. Investors should read the applicable Disclosure/Offering documents to determine suitability.
GROWTH OF $1,000 VAMI
Program vs. Autumn Gold CTA Index
Hypothetical growth of $1,000 based on reported monthly returns.
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.
PERFORMANCE SUMMARY
| YEAR | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| RETURN | +8.75% | -1.38% | -2.02% | N/A |
Maximum Drawdown Since Inception
-5.54%
Past performance is not indicative of future results.
ProForma performance adjusted for a 20% incentive fee.
PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.
THE RISK OF TRADING COMMODITY FUTURES, OPTIONS, CRYPTO FUTURES, AND/OR FOREIGN EXCHANGE ("FOREX") IS SUBSTANTIAL. THE HIGH DEGREE OF LEVERAGE ASSOCIATED WITH COMMODITY FUTURES, OPTIONS, CRYPTO FUTURES, 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. THIS MATTER IS INTENDED AS A SOLICITATION TO INVEST IN MANAGED FUTURES. 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. THIS MATTER IS INTENDED AS A SOLICITATION TO INVEST IN MANAGED FUTURES.