CTA Profiles Paragon Global Markets

Start Date: Nov-2012
Jun Return: 0.17%
YTD Return: -1.56%
Annual CROR: 4.91

Worst Drawdown: -23.61%
Losing Streak: -23.29 %
Sharpe Ratio: 0.32
Calmar Ratio: N/A

Min Investment: $500,000
Currency: US Dollar
Notional Funding: Yes
NFA Number: 0440470

Margin: 13%
Mgt Fee: 0.00%
Incentive Fee: 0.00%
Round Turns: 23,000

Trading Strategy: GPAM aims to deliver superior absolute returns with its new Alternative Multi Strategy programme. We focus mainly on spread trading and create alpha from our understanding of the mean reversion of commodity spreads that occur within seasonal tendencies. The program mainly utilises the quantitive analysis of data but it also considers market fundamentals. Our alternative multi strategies include: Statistical Arbitrage, Spread Trading, Relative Value Long/Short, Volatility Arbitrage, Global Macro and more. Risk Strategy: We are looking to attain risk adjusted returns in different market conditions. We aim for a low correlation to the S&P 500 and other market indices. We apply strict risk management to our consistent alpha to create risk adjusted returns in our portfolio. During the last two years we developed risk parameters that liquidated our positions in the case that the portfolio was down more that 6%. This risk adjustment does not prevent us from achieving our profit targets. Instead, it has quite the opposite affect encouraging positive performance in the long term.

Accounting Notes: The Alternative Multi Strategy was designed by Gregory Placsintar with input from one other individual. Mr. Placsintar assisted the individual in the trading of his account, but did not have power-of-attorney. Because neither Mr. Placsintar nor GPAM had power-of-attorney over the account, the performance is not presented as GPAM client performance. The actual trading results of the account presented below do, however, represent the trading history of the Alternative Multi Strategy trading program. Performance has been adjusted to include a management fee of 2% and incentive fee of 20%. GPAM will be assuming the trading of this individual account and intends to use the same trading strategy for all customers trading the Alternative Multi Strategy.

Trading Methodology
100% Discretionary
Trading Style
95% Spread Trading
5% Option Trading

Style Sub-Categories
Fundamental
Arbitrage
Quantitative
Seasonal
Spread

Holding Period
30% Long Term
50% Medium Term
15% Short Term
5% Intraday
Sector: US
Contracts: Futures

Market Allocation
5% Financials
5% Metals
5% Energies
35% Agriculturals
45% Meats
5% Softs

Performance from Sept 2009 through Jul 2012 is of Greg Placsintar (Exempt Foreign Advisor) - Performance from Aug 2012 is client performance of Gregory P. Asset Management, LLC.

	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	ROR	Max DD
2024	-0.72%	-0.31%	-0.96%	0.18%	0.08%	0.17%							-1.56%	-1.98%
2023	0.04%	0.35%	0.23%	0.22%	-0.35%	-0.18%	-0.48%	-0.02%	-1.02%	0.38%	-0.12%	0.33%	-0.63%	-2.04%
2022	-2.28%	-2.89%	-2.61%	-2.13%	-1.09%	0.19%	-0.65%	0.52%	-0.82%	0.31%	-0.01%	0.20%	-10.77%	-11.22%
2021	0.51%	-0.35%	0.42%	-5.23%	-1.04%	2.27%	0.58%	0.32%	0.41%	0.78%	1.39%	1.10%	0.97%	-6.22%
2020	0.95%	1.95%	-3.66%	9.23%	1.51%	1.98%	-4.97%	1.99%	-1.69%	-3.31%	0.45%	-5.94%	-2.41%	-12.95%
2019	-0.30%	-2.39%	3.84%	1.53%	2.90%	0.26%	-0.45%	0.15%	-0.07%	1.86%	0.72%	3.54%	12.02%	-2.68%
2018	2.25%	0.10%	-1.61%	-1.04%	5.64%	-3.07%	-2.77%	0.11%	3.60%	1.14%	0.72%	-0.89%	3.89%	-5.75%
2017	12.29%	2.61%	-3.80%	1.39%	-6.65%	1.87%	0.48%	2.34%	-5.29%	2.17%	0.92%	-0.83%	6.43%	-9.67%
2016	8.10%	-2.88%	1.68%	3.13%	0.20%	0.83%	5.04%	3.80%	-4.60%	1.80%	5.49%	-3.18%	20.26%	-4.6%
2015	7.36%	-3.92%	1.91%	11.61%	-3.64%	4.25%	-0.04%	0.22%	-5.04%	8.94%	-17.45%	13.24%	14.18%	-17.45%
2014	-16.22%	3.25%	-9.58%	5.74%	-5.35%	-0.79%	9.96%	3.54%	1.87%	16.90%	4.20%	7.19%	17.61%	-22.34%
2013	-1.03%	1.85%	1.57%	-11.82%	-1.82%	-3.95%	0.36%	-4.02%	4.21%	10.43%	-4.25%	12.84%	1.97%	-19.9%
2012											0.15%	-0.42%	-0.27%	-0.42%

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

Chart

Footnotes:
(C) = Client Trading Results
(P) = Proprietary Trading Results
(P&C) = A Combination of Proprietary & Client Results.
Current Drawdown - The Current Losing Streak of the CTA, if any.
Worst Drawdown - The Worst Drawdown reflects the greatest loss from Inception. Worst Drawdown can be defined as the potential cost of higher return.
Annual Compound Rate of Return - The Annualized Compounded Rate of Return represents the average return of the CTA over the time frame of the report. It smoothes out returns by assuming constant growth.
Calmar Ratio - The Calmar Ratio - Calmar Ratio represents the historical amount gained for each dollar risked. A higher number is better. Unless otherwise denoted the Calmar Ratio is calculated by dividing the 36 month Compounded ROR by the 36 month Peak to Valley Drawdown. Traders with less than 36 months of data or a negative Calmar Ratio will be indicated by N/A.
Sharpe Ratio - The Sharpe Ratio is a risk-adjusted ratio that rewards consistency of returns. Traders are penalized for volatility regardless of whether it is on the up or downside. The Sharpe Ratios is calculated using a 1% risk-free rate of return.
Round Turns - Represents the annual number of Round Turns per $1 million.

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

RISK DISCLOSURE

PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.

THIS MATTER IS INTENDED AS A SOLICITATION FOR MANAGED FUTURES. THE RISK OF TRADING COMMODITY FUTURES, OPTIONS AND FOREIGN EXCHANGE ("FOREX") 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.

LIMITATIONS OF RANKINGS ARE THAT ONLY THOSE ADVISORS OR POOL OPERATORS THAT SUBMITTED THEIR PERFORMANCE DATA TO AUTUMNGOLD WERE RATED. THE ENTIRE CTA UNIVERSE IS NOT INCLUDED IN THE RANKINGS. THE PERFORMANCE INFORMATION PROVIDED WHEREIN HAS NOT BEEN VERIFIED BY AUTUMNGOLD.