CTA Profiles Sweet Futures

Start Date: May-2014
Mar Return: -2.66%
YTD Return: -4.02%
Annual CROR: N/A

Worst Drawdown: -41.73%
Losing Streak: -31.2 %
Sharpe Ratio: 0.41
Calmar Ratio: N/A

Min Investment: $1,000,000
Currency: US Dollar
Notional Funding: Yes
NFA Number: 0401305

Margin: 12%
Mgt Fee: 2.00%
Incentive Fee: 20.00%
Round Turns: 800

Trading Strategy: The EvE LSCP-Accelerated is a short to medium-term systematic program that trades outright positions on 20 exchange-listed commodity futures contracts. The program uses multiple trend models on both outright and calendar spread data and analyzes historical spread levels to generate daily trade signals. Trade signal generation is fully systematic, however, in rare instances the PM will exercise discretion regarding where in the term structure the trade signal will be executed and to overweight or underweight positions based on inter-commodity relationships. The program has a deleveraging component that will systematically reduce position sizes at the portfolio level after periods of rapid gains. The program is designed to generate returns that have a low to negative correlation to most CTA and commodity programs including our EVE Spread Trading Program. Compared to the standard LSCP, the Accelerated program will typically have higher leverage and larger relative position sizing based on the lower threshold required to take on a position. The deleveraging and leveraging component of the LSCP would not have as large of an impact in the Accelerated Program because of this factor. However, it will still add value by reducing the size of the positions in the portfolio after large run ups in performance. Returns are net of our pro forma fees (2% management, 20% incentive).

Accounting Notes: Performance from May 2014 through December 2019 represents a composite of customer accounts. Performance from January 2020 to February 2023 represents proprietary trading. Performance from March 2023 represents client performance.

EvE, LLC has contracted a third party (NAV Consulting) to calculate historical performance on this program since inception. The historical returns presented represent the performance as calculated by NAV Consulting. There are differences between these returns and those previously reported by EvE, LLC.

Trading Methodology
95% Systematic
5% Discretionary
Trading Style
15% Trend Following
15% Contrarian
40% Spread Trading
30% Momentum & Pattern Recognition

Style Sub-Categories
Momentum
Pattern Recognition
Quantitative
Trend Anticipatory
Mean Reversion

Holding Period
100% Short Term
Sector: US
Contracts:

Market Allocation
12% Metals
54% Energies
11% Agriculturals
23% Softs

Customer results from May 2014 through Dec 2019. Proprietary results from Jan 2020 to Feb 2023. Client trading from Mar 2023. Please see accounting notes for additional details.

	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	ROR*	Max DD
2024	2.37%	-3.73%	-2.66%										-4.02%	-6.29%
2023	-0.56%	-0.49%	-1.42%	2.56%	-1.76%	-2.06%	5.98%	-1.63%	-2.42%	-12.55%	-5.82%	-4.76%	-24.93%	-24.71%
2022	12.34%	3.69%	37.58%	0.53%	0.51%	12.80%	-18.84%	3.53%	-6.26%	14.00%	-4.99%	11.93%	66.82%	-21.24%
2021	-2.14%	15.08%	-1.31%	0.60%	-16.11%	10.12%	8.93%	14.19%	-3.62%	12.59%	15.01%	-0.53%	52.81%	-16.71%
2020	0.11%	-4.81%	19.84%	9.84%	-2.62%	2.80%	-15.22%	-1.79%	-10.39%	-14.33%	6.40%	10.69%	0.52%	-36.08%
2019	-5.16%	0.22%	1.01%	1.40%	-6.33%	-1.17%	-1.27%	-5.84%	-5.63%	-2.73%	3.18%	-1.21%	-23.53%	-23.1%
2018	-2.16%	0.97%	1.44%	1.38%	0.84%	3.44%	-4.33%	4.35%	0.89%	1.65%	2.46%	3.36%	14.29%	-4.33%
2017	-0.77%	-1.27%	1.06%	7.48%	-2.60%	-0.41%	1.53%	5.24%	-2.02%	0.83%	1.42%	-0.16%	10.33%	-3%
2016	7.16%	-0.34%	-2.22%	-4.54%	-2.36%	-2.04%	6.78%	1.06%	-0.62%	2.23%	-1.11%	-1.31%	2.69%	-11.02%
2015	5.50%	-3.48%	-0.64%	-4.05%	-1.38%	2.23%	-2.14%	0.72%	-0.51%	-2.99%	9.29%	4.29%	6.84%	-11.75%
2014					-4.59%	2.37%	-2.70%	-0.97%	-3.27%	-0.03%	3.91%	14.60%	9.32%	-8.99%

*The Annual ROR performance has been calculated by adding each monthly return. Please See Accounting Notes Below.

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.

Qualified Eligible Investors - 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 $2,000,000 in securities holdings OR $200,000 in margin on deposit with a Futures Commission Merchant OR a combination of the two (for example, $1,000,000 in securities and $100,000 in margin).

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