CTA Profiles Sweet Futures

Start Date: Oct-2019
Mar Return: 0.06%
YTD Return: 7.32%
Annual CROR: 12.87

Worst Drawdown: -11.01%
Losing Streak: 0.00 %
Sharpe Ratio: 1.24
Calmar Ratio: N/A

Min Investment: $150,000
Currency: US Dollar
Notional Funding: No
NFA Number: 0511550

Margin: 60%
Mgt Fee: 0-2%
Incentive Fee: 20%-30%
Round Turns: 500

Trading Strategy: Princeton Investments and Technologies ("PINT") uses the Commodity Arbitrage Plus Program ("CAPP") to manage client accounts presently. The CAPP has two sets of strategies, the Commodity Arbitrage Strategy ("CAS") and the Macro Trading Strategy ("MTS"). The CAS trades commodity calendar spread futures while the MTS trades with the stock index futures. Based upon our extensive trading experience in the commodity calendar spread markets, our program focuses on these niche markets while invests semi-passively in the stock index futures in an attempt to mitigate major drawdowns. Risk Strategy: Risk management is essential to capital growth and long-term investment success. It is a cornerstone of the PINT's trading program since inception. We implement stringent risk management from several aspects:
The Commodity Arbitrage Strategy ("CAS") trades calendar spreads of many different commodities: The portfolio weight of each position is inversely proportional to its volatility, thus volatile calendar spreads get lower weight. We mandate that we would not commit over 5% of capital on each of the commodity sectors we trade and in general do not commit over 2.5% on each sector. We trade mostly liquid spread markets so that our risk control can actually be achieved if necessary.

The Macro Trading Strategy ("MTS") trades the front month E-mini S&P500 or NASDAQ-100 futures contracts, and so far we have tried to just long the futures. We do not commit over 5% of capital for trading margin and we usually do not commit over 2.5% of capital. We take out the long position as long as we see unfavorable macro market situation.

Accounting Notes: The Performance shown herein represents Client Performance. For Proprietary Performance results please refer to Princeton Investments and Technologies' Latest Disclosure Document.

Trading Methodology
50% Systematic
50% Discretionary
Trading Style
60% Spread Trading
40% Equity Index Investment & Trading

Style Sub-Categories
Fundamental
Pattern Recognition
Quantitative

Holding Period
30% Medium Term
50% Short Term
20% Intraday
Sector: US
Contracts: Futures

Market Allocation
40% Stock Indices
15% Metals
15% Energies
15% Agriculturals
15% Meats

Client Performance since October 2019

	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	ROR	Max DD
2024	2.32%	4.82%	0.06%										7.32%	0%
2023	-0.06%	-1.42%	3.87%	2.15%	3.60%	2.92%	0.75%	-4.26%	-0.51%	-0.88%	5.75%	4.92%	17.63%	-5.59%
2022	-1.88%	-0.99%	1.67%	1.11%	1.97%	-0.45%	1.81%	2.10%	-0.13%	0.05%	-0.32%	-2.71%	2.11%	-3.1%
2021	0.29%	-1.34%	1.34%	1.42%	0.13%	1.09%	1.00%	2.33%	-1.87%	4.01%	0.25%	-3.59%	4.95%	-3.59%
2020	2.43%	0.65%	2.72%	3.93%	3.57%	1.82%	4.16%	6.74%	-6.73%	-4.59%	6.29%	2.79%	25.46%	-11.01%
2019										-0.02%	1.12%	0.48%	1.59%	-0.02%

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

Chart

Track Record Prepared By: Internally Prepared

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.