CTA Profiles Sweet Futures

Start Date: Jun-2009
Dec Return: -1.72%
YTD Return: -24.45%
Annual CROR: -0.86

Worst Drawdown: -44.16%
Losing Streak: -39.56 %
Sharpe Ratio: -0.06
Calmar Ratio: N/A

Min Investment: $150,000
Currency: US Dollar
Notional Funding: Yes
NFA Number: 0410680

Margin: 20%
Mgt Fee: 2.00%
Incentive Fee: 33.00%
Round Turns: 3,700

Trading Strategy: The program employs a proprietary trading technique in which fundamental factors, such as market psychology, and technical indicators are combined in an attempt to forecast market direction. The Advisor looks to enter markets which appear to be overbought or oversold and exploit these conditions by taking the appropriate side in the market. In determining which direction of the market to trade, the Advisor uses technical indicators such as Elliot Wave counts, Fibonacci retracements, moving averages, and stochastics to determine appropriate entry and exit levels. For instance, if a market appears to be in a bearish trend, the Advisor waits until all of the program's indicators show the market as being oversold and that a trend reversal is likely to occur before placing an order to go long in the market. Risk Strategy: The Advisor will generally attempt to limit risk between three percent (3%) and ten percent (10%) of an account's equity per trade. However there is no guarantee that losses on any given trade will be limited to these amounts. Stop loss points are determined at the time a trade is initiated. Please note that stop loss orders become market orders when activated and therefore, there is no guarantee that such orders will be filled at the stop loss points. Further, stop loss orders may not necessarily limit losses to the determined amounts in the event that market conditions make it impossible to execute such orders. Options may also be used in an attempt to protect existing futures positions. Please note that while GT Capital adheres to certain risk management techniques, there can be no guarantee that these techniques will be successful.
While GT Capital makes every effort to adhere to the trading program, GT Capital reserves the right to take appropriate actions outside the systems if warranted by exceptional or unusual market conditions or if the world situation results in unusually high amounts of risk.

Accounting Notes: Pro-forma adjustments were made to demonstrate the rates of return that would have been achieved if the Advisor's maximum current fee structure was in effect.

Trading Methodology
100% Discretionary
Trading Style
30% Trend Following
70% Contrarian

Style Sub-Categories
Fundamental
Momentum
Contrarian
Pattern Recognition
Trend Anticipatory

Holding Period
10% Long Term
10% Medium Term
60% Short Term
20% Intraday
Sector: US
Contracts: Futures Options

Market Allocation
70% Stock Indices
5% Currencies
5% Financials
5% Metals
5% Energies
5% Agriculturals
5% Softs
Other Mkts: Fut Contrarian

Recent Performance - Start Date of Program June 2009

	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	ROR	Max DD
2023	-6.73%	1.37%	-4.03%	0.21%	-7.38%	-6.19%	-4.45%	0.70%	0.31%	-0.23%	1.04%	-1.72%	-24.45%	-24.51%
2022	3.61%	0.99%	0.14%	1.83%	1.95%	1.58%	-4.00%	2.90%	1.92%	-4.80%	5.91%	2.02%	14.44%	-4.8%
2021	-3.16%	2.75%	5.37%	-3.65%	0.53%	-0.27%	0.06%	1.14%	0.09%	-0.29%	2.46%	-3.54%	1.1%	-3.65%
2020	-6.62%	3.44%	15.17%	1.85%	4.13%	3.60%	-2.82%	-7.32%	5.89%	-1.92%	-1.61%	2.79%	15.63%	-9.93%
2019	4.65%	2.30%	-5.39%	0.00%	0.41%	-0.61%	-0.83%	2.23%	1.08%	1.42%	-1.39%	-1.50%	2.04%	-6.37%
2018	-10.87%	5.66%	-5.08%	7.07%	3.51%	-1.90%	0.23%	-4.48%	-2.22%	10.72%	-0.45%	-8.38%	-8.13%	-10.87%
2017	-7.00%	-6.28%	0.29%	0.07%	-1.91%	0.55%	-6.43%	4.57%	-0.96%	-4.64%	-1.64%	0.27%	-21.37%	-21.58%
2016	-3.79%	6.97%	-0.15%	-5.86%	1.36%	-0.29%	-1.32%	0.16%	-1.14%	-2.47%	2.65%	-1.41%	-5.71%	-9.47%
2015	3.59%	-0.27%	0.53%	1.53%	-1.71%	2.02%	0.88%	2.34%	-1.10%	-2.76%	-0.13%	2.26%	7.22%	-3.95%
2014	4.07%	0.61%	0.62%	2.24%	-1.83%	-5.18%	-1.36%	0.61%	-0.54%	4.87%	-12.73%	-4.57%	-13.56%	-19.75%
2013	-1.92%	3.24%	0.04%	6.02%	1.56%	0.27%	-0.04%	-0.03%	-6.89%	-1.17%	-1.13%	2.21%	1.63%	-9.08%
2012	-3.30%	-3.56%	-0.71%	1.07%	1.70%	2.48%	-5.48%	0.32%	-0.43%	0.03%	0.66%	0.43%	-6.88%	-7.91%
2011	1.26%	-6.61%	11.70%	-8.69%	18.18%	2.39%	-0.55%	1.58%	2.96%	2.85%	-0.17%	-0.02%	24.62%	-8.69%
2010	1.67%	2.13%	-4.57%	-3.09%	5.92%	2.48%	1.04%	-0.04%	1.29%	-4.74%	-3.02%	0.97%	-0.53%	-7.62%
2009						2.32%	0.81%	1.62%	4.29%	0.52%	3.44%	1.51%	15.38%	0%

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

Chart

Track Record Prepared By: Michael Doherty

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.