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Park Avenue Asset Management - CTA REPORT
Report Start Date: Jan-2020 - Report End Date: Jan-2025
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Report Start Date Report End Date


Ahead Capital Management, LLC / Global Macro Tactical Opportunities (Futures Only)
Accepting New Investors: Yes
Global Macro / G5 Equity & Bond Indexes, Currencies, Commodities
4.7 Exempt - QEPs Only



ProForma performance adjusted for a monthly 20% incentive fee.


The Notes Below Are An Integral Part of this Report
| Track Record Compiled By: Compliance Supervisors

Program Description: The strategy pursues tactical opportunities in G5 equity and sovereign bond indexes, as well as currencies and commodities.

* We focus on turning points in market narratives, as well as trades around important macro events
* The strategy is directional and is concentrated on 1-2 themes at a time
* Investment decisions factor in economic fundamentals, price action, investor sentiment and positioning, as well as potential price catalysts

Risk management was tightened in Q3 2021 to reflect expectations of growing economic uncertainty and market volatility. As part of that, trading became more catalyst-oriented with smaller trade sizes. As a result, portfolio volatility decreased substantially.


Investment Information
Program Start Date Dec-2024
Minimum Investment 1,000,000
Management Fee 0.00%
Incentive Fee 20.00%
Margin
Round Turns per Million 650
Currency US Dollars
NFA No: #0556742
Trading Strategy       Market Segment      

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Program Statistics
Peak-to-Valley Drawdown (1) (Jan 2020 - Dec 1969) %
Worst Monthly Return (Dec 1969) %
Current Losing Streak 0.00%
Average Monthly Return %
Annualized Statistics
Annualized Compounded ROR (2) N/A%
Standard Deviation %
Sharpe Ratio (4)
36 Month Calmar Ratio (3) N/A

PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS. TRADING FUTURES AND OPTIONS INVOLVES SUBSTANTIAL RISK OF LOSS AND IS NOT SUITABLE FOR ALL INVESTORS. THERE ARE NO GUARANTEES OF PROFIT. PROSPECTIVE CLIENTS SHOULD NOT BASE THEIR DECISION TO INVEST SOLELY ON THE PAST PERFORMANCE PRESENTED HEREIN.

Park Avenue Asset Management | Manhattan ~ New York City
Toll Free: (877) 611-PAAM | Local: (212) 600-2883 Email: [email protected] | Web Address: http://www.parkavenueassetmgt.com


Park Avenue Asset Management - CTA REPORT
Report Start Date: Jan-2020 - Report End Date: Jan-2025
Use the Back Button of Your Browser to Return to the Previous Page

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Time Window Analysis
Length Best Average Worst
Historical Drawdown and Recoveries***
Start Depth Length Recovery End


Comparisons                                        ProgramSP 500 TR
Annualized Compound ROR %14.53%
Cumulative Return 0.00%97.04%
Cumulative VAMI (5) 10001970
Largest Monthly Gain %12.82%
Largest Monthly Loss %-12.35%
Correlation
Last 12 Months 0.00%22.96%
Last 36 Months 0.00%36.35%

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PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS. TRADING FUTURES AND OPTIONS INVOLVES SUBSTANTIAL RISK OF LOSS AND IS NOT SUITABLE FOR ALL INVESTORS. THERE ARE NO GUARANTEES OF PROFIT. PROSPECTIVE CLIENTS SHOULD NOT BASE THEIR DECISION TO INVEST SOLELY ON THE PAST PERFORMANCE PRESENTED HEREIN.

Park Avenue Asset Management | Manhattan ~ New York City
Toll Free: (877) 611-PAAM | Local: (212) 600-2883 Email: [email protected] | Web Address: http://www.parkavenueassetmgt.com


Park Avenue Asset Management - CTA REPORT
Report Start Date: Jan-2020 - Report End Date: Jan-2025
Use the Back Button of Your Browser to Return to the Previous Page

Print to PDF




+ NOTES: Note: Net portfolio returns (inclusive of a monthly performance fee of 20%) were compiled by CSI from monthly statements ob tained independently by CSI from Interactive Brokers. Monthly rates of return are calculated pursuant to the Only Accounts Traded M ethod ("OAT"). Under this method, rates of return are computed by dividing the aggregate net performance by the aggregate beginning equity for only those accounts which traded during the entire month and which had no material additions or withdrawals. It e xcludes new accounts, closed accounts, accounts that were open for only part of the month, and accounts which had material (i.e., 10% or more of beginning equity) additions or withdrawals, and other factors that may possibly distort rates of return. As of November 3 0 , 2024, Ahead Capital Management LLC maintained discretionary authority over 1 client account with total AUM of $ 10 .1 m . The net portfolio returns and AuM represent those of one client that executed power of attorney with Anton Barinov, with NAV of $10,0m as of Nov 30, 2023.

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.

PURSUANT TO AN EXEMPTION FROM THE COMMODITY FUTURES TRADING COMMISSION IN CONNECTION WITH ACCOUNTS OF QUALIFIED ELIGIBLE 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 ADEQUACY OR ACCURACY OF COMMODITY TRADING ADVISOR DISCLOSURE. CONSEQUENTLY, THE COMMODITY FUTURES TRADING COMMISSION HAS NOT REVIEWED OR APPROVED THIS TRADING PROGRAM OR THIS BROCHURE OR ACCOUNT DOCUMENT.

** The drawdown begins in the month listed as start. The length in months of the drawdown is listed under length. The recovery begins in the following month, and the length of the recovery period is listed under recovery. The date listed as end is the month that the program recovered from the drawdown.

Please note that the monthly performance numbers, ROR and Drawdowns are based on end of month values and are not reflective of intramonth volatility.

Statistical Notes

1. Peak to Valley Drawdown ("Maximum Drawdown") is the worst drawdown % loss over the period of 2020-01-01 to 2025-01-01

2. ROR calculations are not provided when there are less than 12 data points.

3. Calmar Ratio Uses last 36 months of Data

ROR = Rate of Return

SP 500 TR: The S&P 500 indices are designed to reflect all sectors of the U.S. equity markets. The S&P 500 includes 500 blue chip, large cap stocks, which together represent about 75% of the total U.S. equities market. Companies eligible for addition to the S&P 500 have market capitalization of at least US$3.5 billion. The TR Index accounts for the reinvestment of dividends.

This report has been prepared from information provided by the Trader and is believed to be reliable. This report should be read in conjunction with the Trader's Disclosure Document.


PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS. TRADING FUTURES AND OPTIONS INVOLVES SUBSTANTIAL RISK OF LOSS AND IS NOT SUITABLE FOR ALL INVESTORS. THERE ARE NO GUARANTEES OF PROFIT NO MATTER WHO IS MANAGING YOUR MONEY. THERE IS AN UNLIMITED RISK OF LOSS IN SELLING OPTIONS. YOU SHOULD CAREFULLY CONSIDER WHETHER COMMODITY FUTURES AND OPTIONS IS SUITABLE FOR YOU IN LIGHT OF YOUR FINANCIAL CONDITION. AN INVESTOR MUST READ AND UNDERSTAND THE MANAGER'S CURRENT DISCLOSURE DOCUMENT BEFORE INVESTING.


Park Avenue Asset Management | Manhattan ~ New York City
Toll Free: (877) 611-PAAM | Local: (212) 600-2883 Email: [email protected] | Web Address: http://www.parkavenueassetmgt.com