CTA Profiles Sweet Futures

Start Date: May-1999
Mar Return: 51.08%
YTD Return: 124.55%
Annual CROR: 19.07

Worst Drawdown: -45.08%
Losing Streak: 0.00 %
Sharpe Ratio: 0.63
Calmar Ratio: N/A

Min Investment: $100,000
Currency: US Dollar
Notional Funding: Yes
NFA Number: 0307843

Margin: 18%
Mgt Fee: 2.00%
Incentive Fee: 20.00%
Round Turns: 1,500

Trading Strategy: Mulvaney Capital's systematic long-term trend following program seeks to deliver high absolute returns in rising or falling markets. The program invests in futures contracts linked to a diverse range of commodities and financial assets listed on regulated exchanges around the world. It takes a long term approach to capturing trends in order to reduce the risk of being shaken out by short term price fluctuations. Trading is completely systematic and driven by objective price data.

Trading Methodology
100% Systematic
Trading Style
100% Trend Following

Style Sub-Categories
Trend Following
Other Non-Trend Following

Holding Period
100% Long Term
Sector: Global
Contracts: Futures

Market Allocation
18% Stock Indices
16% Currencies
24% Financials
7% Metals
9% Energies
11% Agriculturals
4% Meats
11% Softs

Recent Performance - Start Date of Program May 1999

	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	ROR	Max DD
2024	2.22%	45.40%	51.08%										124.55%	0%
2023	5.61%	7.96%	-3.31%	15.28%	8.49%	8.62%	4.12%	2.91%	6.25%	-3.21%	-7.26%	-1.18%	51.22%	-11.3%
2022	14.71%	6.49%	21.57%	26.45%	-2.18%	7.74%	-13.93%	17.31%	17.57%	-6.93%	-18.77%	6.67%	89.45%	-24.4%
2021	2.21%	13.98%	0.90%	8.52%	5.08%	-4.45%	4.90%	2.47%	9.96%	9.86%	-21.18%	1.40%	32.93%	-21.18%
2020	-5.58%	-6.99%	31.16%	-0.46%	-5.44%	-0.14%	3.43%	-2.58%	-11.87%	2.41%	0.62%	19.63%	18.53%	-16.53%
2019	-19.33%	-2.94%	10.05%	-1.89%	-4.97%	6.92%	9.04%	29.96%	-23.00%	-12.00%	-5.39%	0.88%	-21.28%	-35.89%
2018	12.99%	-15.33%	-6.57%	3.46%	-7.23%	4.57%	15.55%	16.15%	-1.12%	-25.79%	15.60%	-6.35%	-4.33%	-26.62%
2017	-6.33%	9.23%	-7.77%	8.97%	-0.41%	-4.53%	-5.42%	2.38%	-8.08%	10.68%	-2.29%	7.93%	1.57%	-15.37%
2016	5.94%	10.75%	-13.52%	-2.84%	-8.35%	27.33%	-1.01%	-13.30%	18.22%	-10.77%	-0.71%	-5.05%	-1.82%	-23%
2015	6.93%	-0.50%	3.84%	-7.98%	4.13%	-6.07%	4.77%	-9.23%	6.15%	-11.05%	13.52%	-2.10%	-0.77%	-19.18%
2014	-1.46%	1.36%	4.65%	2.67%	-4.47%	2.37%	2.25%	9.33%	17.69%	-1.67%	13.05%	9.05%	67.36%	-4.47%
2013	10.46%	7.39%	9.29%	9.73%	0.13%	-3.15%	-4.03%	-10.90%	2.61%	7.29%	11.58%	-1.24%	43.12%	-17.18%
2012	-3.75%	0.78%	5.21%	-1.08%	-0.90%	-18.12%	11.38%	-6.26%	-8.58%	-15.07%	-0.97%	0.76%	-33.72%	-35.55%
2011	2.07%	9.78%	-4.62%	6.07%	-11.82%	-7.41%	11.15%	1.59%	-4.20%	-14.14%	12.05%	-1.64%	-5.26%	-24.17%
2010	-3.84%	-7.15%	-5.15%	2.02%	-8.77%	0.53%	-12.03%	14.59%	16.46%	22.29%	-5.36%	25.30%	34.9%	-30.29%
2009	1.60%	-0.03%	-3.36%	-5.51%	-1.30%	-6.81%	-0.53%	10.85%	1.32%	-7.86%	10.70%	-3.19%	-5.9%	-16.48%
2008	21.65%	28.86%	-7.96%	-8.58%	5.35%	8.51%	-18.78%	-6.73%	11.58%	45.49%	6.97%	5.30%	108.87%	-27.13%
2007	0.56%	-5.18%	-8.82%	2.59%	4.70%	4.85%	-16.89%	-19.40%	3.92%	13.72%	-8.59%	8.47%	-23.14%	-34.78%
2006	11.09%	-2.70%	13.05%	11.46%	-4.27%	-6.10%	-5.20%	1.95%	1.00%	-0.13%	0.56%	1.60%	21.94%	-14.78%
2005	-4.28%	0.54%	2.30%	-9.28%	-4.08%	5.32%	6.62%	2.78%	13.57%	-5.64%	15.27%	8.35%	32.34%	-14.33%
2004	4.19%	8.45%	2.37%	-11.50%	-6.99%	-0.73%	-0.41%	-6.21%	7.76%	0.76%	9.63%	-4.94%	-0.1%	-23.68%
2003	13.20%	7.22%	-12.83%	1.45%	7.64%	-7.61%	-6.33%	0.07%	6.66%	15.32%	-0.27%	5.35%	29.28%	-17.63%
2002	0.00%	0.00%	-7.52%	1.55%	6.75%	7.38%	5.95%	5.44%	5.13%	-7.73%	-5.08%	7.80%	19.37%	-12.42%
2001	-9.62%	18.76%	13.46%	-15.25%	-0.66%	5.39%	-1.26%	0.00%	0.00%	0.00%	0.00%	0.00%	6.69%	-15.81%
2000	-5.02%	2.52%	-8.40%	-0.27%	6.97%	1.55%	-1.25%	12.68%	-4.36%	1.96%	9.05%	8.90%	24.51%	-11.05%
1999					-0.29%	-0.14%	-2.22%	2.13%	-4.81%	-4.80%	7.01%	4.84%	1.09%	-9.89%

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

Chart

Track Record Prepared By: N/A

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.