CTA Profiles Sweet Futures

Start Date: Oct-2014
Nov Return: -1.60%
YTD Return: 22.61%
Annual CROR: 15.73

Worst Drawdown: -25.27%
Losing Streak: -10.52 %
Sharpe Ratio: 0.62
Calmar Ratio: 0.37

Min Investment: $5,000,000
Currency: US Dollar
Notional Funding: Yes
NFA Number: 0530049

Margin: 5-25%
Mgt Fee: 2.00%
Incentive Fee: 20.00%
Round Turns: 750

Trading Strategy: AG Capital is a global macro investment firm, trading across interest rate, currency, stock index, and commodity futures. The firm employs a fundamental, discretionary approach with 1-4 month hold times for positions. Risk Strategy: All positions are sized based off of proprietary risk management model developed and refined over 10 years. ATRMA (average true range moving average) is used as an initial input when calculating position sizes. Portfolio manager discretion and technical measures are used as final inputs into position sizing.

Accounting Notes: Returns are net of fees and brokerage commissions and represent the composite performance of individual managed accounts (and not a fund or pool).

Trading Methodology
100% Discretionary
Trading Style
100% Discretionary Fundamental

Style Sub-Categories
Fundamental
Absolute Return

Holding Period
50% Medium Term
50% Short Term
Sector: US
Contracts: Futures

Market Allocation
100% Diversified
100% Other Markets
Other Mkts: Diversified

Please see Accounting Notes.

	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	ROR	Max DD
2024	-5.78%	-9.20%	21.24%	17.11%	-5.83%	-3.05%	1.81%	5.83%	14.68%	-9.07%	-1.60%		22.61%	-14.45%
2023	3.70%	-2.26%	4.50%	7.86%	-6.80%	-1.47%	5.35%	-7.50%	-8.75%	7.53%	2.58%	5.99%	9.06%	-18.34%
2022	-0.84%	4.42%	10.25%	-5.70%	-8.98%	-0.53%	12.50%	-8.77%	-0.03%	-9.02%	5.16%	1.58%	-2.81%	-20.3%
2021	1.13%	2.34%	-7.43%	3.47%	14.08%	-13.05%	-1.95%	1.35%	-4.14%	-3.71%	9.25%	-4.08%	-5.48%	-20.24%
2020	3.09%	4.93%	22.65%	5.94%	-7.81%	-0.77%	7.99%	3.42%	4.04%	1.59%	-4.20%	-2.48%	41.8%	-8.52%
2019	14.00%	-1.53%	8.38%	-1.52%	2.30%	10.21%	-6.11%	5.54%	-1.71%	-2.26%	-4.53%	2.44%	25.76%	-9.12%
2018	9.21%	3.84%	-1.62%	-2.95%	-0.35%	-6.69%	-1.65%	-3.70%	-3.98%	-5.08%	0.00%	5.69%	-8.15%	-23.36%
2017	-16.09%	4.13%	8.20%	0.22%	8.32%	-3.52%	6.97%	16.30%	8.35%	6.38%	-7.36%	2.28%	34.54%	-16.09%
2016	4.26%	3.49%	-5.47%	-2.75%	-1.97%	8.12%	1.15%	-6.71%	-14.96%	24.76%	-8.00%	-0.76%	-3.9%	-21.81%
2015	20.69%	-4.80%	-5.55%	-4.86%	-0.40%	11.56%	18.92%	-2.64%	1.41%	-4.69%	9.68%	-0.32%	40.36%	-14.8%
2014										11.93%	22.04%	-11.48%	20.92%	-11.48%

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

Chart

Track Record Prepared By: Turnkey Trading Partners (SMA); NAV Consulting (Fund)

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 $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.

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.