CTA Profiles Sweet Futures

Start Date: Mar-2005
Nov Return: 0.37%
YTD Return: -0.09%
Annual CROR: 5.14

Worst Drawdown: -12.47%
Losing Streak: -2.16 %
Sharpe Ratio: 0.65
Calmar Ratio: 0.11

Min Investment: $500,000
Currency: US Dollar
Notional Funding: Yes
NFA Number: 1366156

Margin: 5%
Mgt Fee: 1-2%
Incentive Fee: 15-25%
Round Turns: 1,300

Trading Strategy: The Hawkeye Spread Program of Four Seasons Commodities Corporation (Hawkeye) employs a discretionary, fundamental-analysis based trading program which trades exclusively in agricultural commodities. The program trades corn, wheat, soybeans, soybean products, livestock and options on each of those commodities futures contracts as listed on domestic futures exchanges. The Hawkeye Spread Program trades primarily in futures spreads or in futures and options spreads. The program seeks to capture profits based on the Advisor's assessment of the relative value of two related agricultural futures or options contracts. The trading method is proprietary, and uses supply and demand analysis and seasonal trend analysis, among other strategies. The Advisor looks at fundamental factors that affect the supply and demand of a particular commodity in order to predict future prices. In addition, the Advisor reviews historical and seasonal patterns which may indicate the direction the market may move in the future. Risk Strategy: Hawkeye also looks at certain technical factors such as the price of a commodity in relation to its price during previous periods, open interest, and volume. These factors are generally used by Hawkeye to determine when to liquidate positions. Effective risk management is a crucial aspect of the trading program. With the goal of limiting potential loss, the Advisor uses calculated risk assessment techniques. Account size, margin exposure, volatility of the market traded and the nature of other positions taken are all factors in deciding whether to take a position and determining the amount of equity committed to that position. Trade duration may vary from a few days to several months, although most trades tend to be relatively long-term in nature. Protective stops may, on occasion, be used to control risks.

Trading Methodology
100% Discretionary
Trading Style
75% Spread Trading
25% Option Trading

Style Sub-Categories
Fundamental
Option Spread

Holding Period
75% Long Term
15% Medium Term
10% Short Term
Sector: US
Contracts: Futures Options

Market Allocation
95% Agriculturals
5% Meats

Recent Performance - Start Date of Program March 2005

	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	ROR	Max DD
2024	-0.06%	0.05%	0.11%	0.03%	-0.22%	-0.47%	-0.35%	0.08%	0.38%	-0.01%	0.37%		-0.09%	-1.04%
2023	-0.10%	-0.02%	-0.03%	-0.67%	-0.53%	0.10%	-0.26%	-0.25%	-0.11%	0.06%	-0.12%	-0.16%	-2.07%	-2.07%
2022	0.40%	0.67%	0.51%	0.11%	0.16%	-0.09%	0.25%	0.02%	0.23%	0.17%	0.25%	0.09%	2.79%	-0.09%
2021	0.48%	0.54%	0.25%	1.06%	-0.05%	-1.14%	-0.29%	-0.37%	0.06%	0.45%	0.47%	0.41%	1.87%	-1.84%
2020	-0.57%	-0.54%	-0.53%	0.23%	0.26%	0.49%	-0.73%	1.47%	0.26%	0.35%	1.44%	2.45%	4.63%	-1.63%
2019	-0.02%	-0.07%	-1.29%	0.25%	0.76%	-0.12%	-0.81%	-0.28%	0.33%	-0.16%	0.16%	0.56%	-0.72%	-1.59%
2018	-0.08%	0.10%	0.25%	-0.38%	-0.11%	-1.17%	0.66%	-1.03%	-0.54%	-0.29%	0.15%	-0.02%	-2.44%	-2.84%
2017	0.23%	0.29%	1.77%	-0.26%	0.99%	-0.28%	-0.01%	-0.39%	0.00%	-0.10%	-0.34%	0.07%	1.98%	-1.12%
2016	0.36%	-0.23%	0.34%	0.23%	-0.19%	2.71%	-0.93%	-0.61%	-0.43%	0.77%	-0.34%	-0.44%	1.2%	-1.98%
2015	0.94%	-0.77%	1.51%	0.23%	0.66%	-0.51%	-1.43%	-0.06%	0.65%	0.20%	-0.38%	0.06%	1.06%	-1.99%
2014	-0.21%	0.97%	-0.43%	0.64%	0.64%	0.77%	1.02%	1.45%	0.74%	-0.85%	-0.21%	0.32%	4.95%	-1.06%
2013	3.04%	1.50%	-0.94%	2.31%	-0.09%	1.09%	1.39%	0.26%	0.59%	0.53%	-0.05%	0.37%	10.37%	-0.94%
2012	0.70%	-0.66%	1.20%	-2.27%	-4.22%	6.12%	8.52%	4.83%	-3.20%	-0.72%	-1.56%	-0.77%	7.4%	-6.39%
2011	2.57%	2.02%	2.08%	2.63%	2.23%	-2.32%	1.28%	3.14%	-8.61%	3.08%	-2.96%	1.03%	5.63%	-8.61%
2010	1.71%	0.02%	1.40%	-0.81%	1.97%	-0.31%	0.88%	-0.12%	4.23%	1.31%	-0.86%	5.08%	15.28%	-0.86%
2009	0.98%	0.83%	0.34%	-0.33%	1.94%	0.17%	-0.24%	0.76%	0.36%	-1.70%	-0.40%	0.76%	3.48%	-2.09%
2008	0.99%	1.15%	-1.83%	3.99%	3.96%	1.83%	-3.28%	-0.46%	-5.08%	0.23%	0.26%	-0.44%	0.94%	-8.61%
2007	5.71%	3.04%	-0.05%	-4.22%	3.71%	1.51%	-2.95%	-0.01%	3.17%	0.45%	1.89%	1.48%	14.14%	-4.27%
2006	3.79%	3.32%	3.72%	4.25%	5.51%	3.08%	0.24%	-6.02%	-0.17%	-2.65%	5.29%	3.49%	25.8%	-8.67%
2005			-5.05%	4.72%	0.71%	0.55%	0.57%	4.47%	1.15%	0.72%	0.33%	1.09%	9.31%	-5.05%

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

Chart

Track Record Prepared By: NAV Consulting

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.