CTA Profiles Sweet Futures

Start Date: Apr-2023
Mar Return: 12.68%
YTD Return: -1.56%
Annual CROR: 1.35

Worst Drawdown: -12.63%
Losing Streak: -1.56 %
Sharpe Ratio: 0.11
Calmar Ratio: N/A

Min Investment: $1,000,000
Currency: US Dollars
Notional Funding: No
NFA Number: 0532562

Margin:
Mgt Fee: 2.00%
Incentive Fee: 20.00%
Round Turns: 5,000

Trading Strategy: Blue Creek Capital Management, LLC's Metals Alpha Program uses a top-down method, beginning with a fundamental approach, digesting quantitative data, and rounding out with technical analysis.

The Advisor will look to current and future central policy shifts, anticipate economic data trends, and assess the macro landscape at large. Expressing a view in markets will also include an assessment of current and future supply-demand imbalances with a favorable risk/reward ratio in the market. While Blue Creek is a CTA, Metals Alpha utilizes a quantimental trend & sentiment approach that stems from the Trading Principal's discretion on asset class selection, sizing, and execution.

The program trades metals, which is assigned specific fundamental triggers and trade structures are designed to limit risk without taking outright short option positions in the market. The Global Opportunities program only trades exchange listed futures and options on futures contracts.

Accounting Notes: Pro-Forma Performance is based on metals trades only. The returns are extracted from live trading within Blue Creek's Global Opportunities program by its manager Bill Baruch. It is estimated that metals make up 40% of the program's allocation, and this weighting is reflected in the stated performance.

Trading Methodology
50% Systematic
50% Discretionary
Trading Style
100% Fundamental & Quantitative

Style Sub-Categories
Fundamental
Quantitative

Holding Period
50% Short Term
50% Intraday
Sector: US
Contracts: Futures Options

Market Allocation
100% Metals

Pro-Forma Performance is based on metals trades only. The returns are extracted from live trading within Blue Creek's Global Opportunities program by its manager Bill Baruch. It is estimated that metals make up 40% of the program's allocation, and this weighting is reflected in the stated performance.

	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	ROR	Max DD
2024	-6.88%	-6.18%	12.68%										-1.56%	-12.63%
2023				1.38%	-4.48%	-5.56%	7.02%	-2.03%	0.03%	-0.98%	5.86%	2.40%	2.95%	-9.79%

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

Chart

Track Record Prepared By: Turkey Trading Partners

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.