CTA Profiles Sweet Futures

Start Date: Oct-2009
Nov Return: 0.99%
YTD Return: 8.40%
Annual CROR: 7.98

Worst Drawdown: -14.68%
Losing Streak: -1.38 %
Sharpe Ratio: 0.64
Calmar Ratio: 0.97

Min Investment: $5,000,000
Currency: US Dollar
Notional Funding: Yes
NFA Number: P083615

Margin: Less 10%
Mgt Fee: 2.00%
Incentive Fee: 20.00%
Round Turns: 12,700

Trading Strategy: The SinoPac's Multi Strategy Quant approach employs multiple proprietary quantitative models to execute a frequent trading strategy in highly liquid investment instruments. The strategy aims to deliver a positive total return over the medium to long term with low volatility, low downside risk and low correlation to other asset classes. Risk Strategy: For price risk, we limit the net delta to control the maximum net position in single region. We also apply VaR Limit to control the daily potential loss. For liquidity risk, we only trade the most liquid contracts in major markets, and all positions can be closed out in one day. Leverage ratio limited to 5 times the NAV. For strategy risk, we take diversification of markets, strategies and investment horizons. We have periodic review of strategy in terms of actual performance vs historical performance to remove outdated strategy.

Accounting Notes: SinoPac Asset Management (Asia) Limited "SAM") is a wholly owned subsidiary of SinoPac Holdings Co Ltd. (2890:TW). The asset management company was established in 1994, with Hong Kong SFC Type 1,4 and 9 licenses. The SinoPac Multi Strategy Quant Fund was established as a private fund domiciled in the Cayman Islands. The same strategy can be applied to individual managed accounts for a $5,000,000 minimum.

Trading Methodology
100% Systematic
Trading Style
55% Trend Following
8% Spread Trading
37% Market Reaction

Style Sub-Categories
Momentum
Pattern Recognition
Mean Reversion

Holding Period
30% Short Term
70% Intraday
Sector:
Contracts: Futures

Market Allocation
86% Stock Indices
6% Financials
2% Metals
3% Energies
3% Agriculturals

Recent Performance - Start Date of Program October 2009

	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	ROR	Max DD
2024	1.51%	-1.92%	-0.15%	3.16%	0.53%	-3.21%	-0.50%	8.07%	2.43%	-2.35%	0.99%		8.4%	-3.69%
2023	3.56%	-2.89%	1.11%	0.02%	0.61%	0.69%	4.25%	0.52%	2.25%	-2.31%	2.33%	-2.25%	7.89%	-2.89%
2022	-0.56%	-4.35%	2.42%	-1.67%	2.94%	2.96%	0.72%	-0.09%	-2.39%	-0.20%	3.51%	-2.58%	0.36%	-4.89%
2021	3.61%	2.74%	-2.10%	-2.43%	0.16%	-2.68%	1.40%	-0.58%	-2.16%	-0.82%	-0.16%	-0.60%	-3.77%	-9.6%
2020	5.53%	0.97%	22.52%	0.01%	-1.67%	-1.03%	8.01%	1.33%	-4.60%	1.45%	3.34%	-0.36%	38.6%	-4.6%
2019	0.92%	-0.68%	0.32%	0.84%	-1.19%	0.24%	-1.02%	0.15%	-2.89%	-1.03%	4.35%	0.39%	0.25%	-5.64%
2018	2.97%	4.61%	6.45%	0.00%	1.07%	0.84%	-0.86%	2.17%	-2.29%	14.13%	1.70%	0.54%	34.97%	-2.29%
2017	-1.16%	-0.64%	-0.52%	1.57%	-0.63%	2.35%	1.23%	0.99%	-2.03%	0.38%	3.85%	2.39%	7.9%	-2.3%
2016	-1.09%	-4.73%	-0.49%	-0.37%	-2.68%	0.40%	-0.66%	-1.49%	0.47%	3.82%	0.33%	1.05%	-5.53%	-10.67%
2015	1.31%	-0.69%	2.53%	0.45%	0.00%	0.08%	10.57%	4.65%	-7.47%	2.97%	2.65%	-2.36%	14.61%	-7.46%
2014	0.59%	-0.58%	-0.29%	1.25%	-0.15%	-1.24%	-0.96%	-0.67%	1.12%	-2.15%	-2.42%	0.47%	-4.99%	-6.32%
2013	0.07%	-0.34%	-0.54%	2.32%	-4.14%	1.81%	-1.71%	-0.35%	-2.65%	-0.86%	-0.43%	-0.95%	-7.66%	-9.01%
2012	-0.30%	0.37%	1.49%	-0.15%	3.68%	1.21%	4.70%	-2.34%	-0.34%	1.31%	1.50%	-1.21%	10.15%	-2.68%
2011	0.82%	2.12%	0.50%	2.46%	2.69%	1.12%	-1.30%	17.06%	3.52%	3.94%	0.52%	-0.81%	36.46%	-1.29%
2010	-1.58%	-1.40%	-0.51%	-1.22%	5.17%	-3.05%	0.61%	-1.31%	-0.82%	1.44%	-1.32%	0.93%	-3.25%	-4.63%
2009										1.60%	1.67%	-1.74%	1.5%	-1.74%

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

Chart

Track Record Prepared By: SinoPac Solutions and Services Limited

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.