Alder Capital DAC : Alder Global 10

Year-to-Date
4.84%
Apr Performance
-0.87%
Min Investment
$ 250k
Mgmt. Fee
0.62%
Perf. Fee
12.50%
Annualized Vol
7.23%
Sharpe (RFR=1%)
0.31
CAROR
3.05%
Assets
$ 2.3M
Worst DD
-16.93
S&P Correlation
-0.03

Growth of 1,000 - VAMI

Monthly Performance

Export Data
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec YTD DD

Past performance is not necessarily indicative of future results. The risk of loss in trading commodity futures, options, and foreign exchange ("forex") is substantial.

Period Returns

Program / Index Apr Qtr YTD 1yr 3yr 5yr 10yr Since
10/2000
Alder Global 10 -0.87 -4.17 -4.84 -7.77 -7.26 -9.93 -8.12 74.92
S&P 500 3.93 8.94 17.51 11.24 41.19 54.79 234.05 103.97
+/- S&P 500 -4.80 -13.11 -22.36 -19.01 -48.46 -64.72 -242.17 -29.06

Strategy Description

Summary

The Alder Global 10 is a fully systematic program, which invests in currencies only. The system seeks to benefit from medium to long-term currency trends. The returns of this program are uncorrelated with both traditional market indices and also with other alternative investments... Read More

Account & Fees

Type
Managed Account
Minimum Investment
$ 250k
Trading Level Incremental Increase
$ 0k
CTA Max Funding Factor
1.00
Management Fee
0.62%
Performance Fee
12.50%
Average Commission
$0
Available to US Investors
Yes

Subscriptions

High Water Mark
Yes
Subscription Frequency
Daily
Redemption Frequency
1-7 Days
Investor Requirements
Any Investor
Lock-up Period
0

Trading

Trading Frequency
500 RT/YR/$M
Avg. Margin-to-Equity
10%
Targeted Worst DD
Worst Peak-to-Trough
12.00%
Sector Focus
Currency Traders

Holding Periods

Over 12 Months
0%
4-12 Months
0%
1-3 Months
20.00%
1-30 Days
30.00%
Intraday
50.00%

Decision-Making

Discretionary
0%
Systematic
100.00%

Strategy

Trend-following
60.00%
Other
40.00%
Strategy Pie Chart

Composition

Currency FX
100.00%
Composition Pie Chart

Summary

The Alder Global 10 is a fully systematic program, which invests in currencies only. The system seeks to benefit from medium to long-term currency trends. The returns of this program are uncorrelated with both traditional market indices and also with other alternative investments making it an ideal product to add real diversification to most investor's portfolios. The Alder Global 10 became unfunded in July 2014 and was relaunched on the 6th May 2016

Investment Strategy

The strategy uses OTC spot and forward foreign exchange contracts in the following currencies; EUR, USD, JPY, GBP, AUD, CAD, and SEK.

Risk Management

Alder Capital uses it's own unique proprietary volatility forecasting system to manage the risk of the FX portfolio.

   

Past performance is not necessarily indicative of future results. The risk of loss in trading commodity futures, options, and foreign exchange ("forex") is substantial.

Reward
Average RoR:
Max Gain:
Gain Frequency:
Average Gain:
Gain Deviation:
Risk
Standard Deviation:
Worst Loss:
Loss Frequency:
Average Loss:
Loss Deviation:
Reward/Risk
Sharpe Ratio: (RF=1%)
Skewness:
Kurtosis:
Reward
Compound RoR:
Average RoR:
Max Gain:
Gain Frequency:
Average Gain:
Gain Deviation:
Risk
Standard Deviation:
Worst Loss:
Loss Frequency:
Average Loss:
Loss Deviation:
Reward/Risk
Sharpe Ratio: (RF=1%)
Skewness:
Kurtosis:

Past performance is not necessarily indicative of future results. The risk of loss in trading commodity futures, options, and foreign exchange ("forex") is substantial.

Note: Figures shown in the Monthly column are the greatest figures (or worst for losses/drawdowns) for any particular month. The Annual figures are the greatest for any calendar year.

Drawdown Report

Depth Length (Mos.) Recovery (Mos.) Peak Valley
-16.93 64 - 12/1/2013 4/1/2019
-14.29 15 15 5/1/2003 8/1/2004
-10.65 12 19 4/1/2011 4/1/2012
-7.79 4 8 4/1/2008 8/1/2008
-4.17 2 5 1/1/2006 3/1/2006
-4.10 3 1 8/1/2001 11/1/2001
-4.00 1 5 1/1/2007 2/1/2007
-3.67 3 1 1/1/2002 4/1/2002
-3.37 2 5 7/1/2009 9/1/2009
-3.18 2 1 8/1/2006 10/1/2006
-2.88 2 3 3/1/2001 5/1/2001
-2.20 1 1 5/1/2009 6/1/2009
-1.60 2 1 11/1/2010 1/1/2011
-1.50 1 2 1/1/2003 2/1/2003
-1.20 2 4 6/1/2002 8/1/2002
-1.00 1 1 11/1/2007 12/1/2007
-0.80 1 1 2/1/2011 3/1/2011
-0.80 1 3 7/1/2010 8/1/2010
-0.60 1 1 11/1/2005 12/1/2005
-0.50 1 3 3/1/2010 4/1/2010
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Consecutive Gains

Run-up Length (Mos.) Start End
15.25 6 10/1/2000 3/1/2001
10.51 3 3/1/2003 5/1/2003
9.99 3 11/1/2006 1/1/2007
9.66 9 3/1/2007 11/1/2007
9.15 4 1/1/2008 4/1/2008
8.99 2 5/1/2002 6/1/2002
8.74 4 9/1/2013 12/1/2013
8.28 5 9/1/2002 1/1/2003
8.27 3 5/1/2012 7/1/2012
7.47 2 12/1/2001 1/1/2002
6.82 3 9/1/2005 11/1/2005
6.81 3 10/1/2004 12/1/2004
6.76 6 12/1/2008 5/1/2009
6.41 3 5/1/2017 7/1/2017
5.48 3 6/1/2001 8/1/2001
5.39 3 5/1/2005 7/1/2005
4.99 6 10/1/2009 3/1/2010
4.54 3 11/1/2011 1/1/2012
4.50 1 7/1/2011 7/1/2011
4.50 1 4/1/2011 4/1/2011
4.32 2 11/1/2003 12/1/2003
4.26 4 11/1/2017 2/1/2018
4.20 1 3/1/2013 3/1/2013
4.05 3 4/1/2006 6/1/2006
3.93 2 2/1/2005 3/1/2005
3.90 1 8/1/2006 8/1/2006
3.73 2 11/1/2012 12/1/2012
3.02 2 9/1/2008 10/1/2008
2.61 3 2/1/2004 4/1/2004
2.59 1 12/1/2018 12/1/2018
2.40 1 7/1/2009 7/1/2009
2.30 1 1/1/2006 1/1/2006
2.20 1 2/1/2011 2/1/2011
2.00 1 2/1/2017 2/1/2017
1.59 1 10/1/2018 10/1/2018
1.30 3 5/1/2010 7/1/2010
1.30 2 5/1/2016 6/1/2016
1.30 1 7/1/2004 7/1/2004
1.20 1 9/1/2017 9/1/2017
0.90 1 11/1/2010 11/1/2010
0.80 1 9/1/2010 9/1/2010
0.60 2 6/1/2013 7/1/2013
0.20 1 9/1/2003 9/1/2003
0.12 1 8/1/2018 8/1/2018
0.10 1 6/1/2008 6/1/2008
0.10 1 10/1/2001 10/1/2001
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Consecutive Losses

Run-up Length (Mos.) Start End
-10.43 28 1/1/2014 4/1/2016
-7.98 3 6/1/2003 8/1/2003
-7.36 2 5/1/2011 6/1/2011
-6.96 3 2/1/2012 4/1/2012
-6.82 7 7/1/2016 1/1/2017
-6.63 2 5/1/2004 6/1/2004
-6.46 3 8/1/2012 10/1/2012
-6.01 2 7/1/2008 8/1/2008
-5.97 5 3/1/2018 7/1/2018
-5.11 3 8/1/2011 10/1/2011
-4.84 4 1/1/2019 4/1/2019
-4.40 1 1/1/2005 1/1/2005
-4.17 2 2/1/2006 3/1/2006
-4.00 1 2/1/2007 2/1/2007
-4.00 1 9/1/2001 9/1/2001
-3.70 2 8/1/2004 9/1/2004
-3.67 3 2/1/2002 4/1/2002
-3.37 2 8/1/2009 9/1/2009
-3.20 1 1/1/2004 1/1/2004
-3.18 2 9/1/2006 10/1/2006
-3.08 1 11/1/2018 11/1/2018
-2.88 2 4/1/2001 5/1/2001
-2.39 2 3/1/2017 4/1/2017
-2.20 1 6/1/2009 6/1/2009
-2.00 1 5/1/2008 5/1/2008
-1.80 1 8/1/2013 8/1/2013
-1.60 2 12/1/2010 1/1/2011
-1.59 2 4/1/2013 5/1/2013
-1.50 1 10/1/2003 10/1/2003
-1.50 1 2/1/2003 2/1/2003
-1.30 1 10/1/2017 10/1/2017
-1.20 1 8/1/2017 8/1/2017
-1.20 2 7/1/2002 8/1/2002
-1.00 1 12/1/2007 12/1/2007
-1.00 1 4/1/2005 4/1/2005
-0.90 1 7/1/2006 7/1/2006
-0.80 1 3/1/2011 3/1/2011
-0.80 1 8/1/2010 8/1/2010
-0.80 1 8/1/2005 8/1/2005
-0.70 2 1/1/2013 2/1/2013
-0.60 1 11/1/2008 11/1/2008
-0.60 1 12/1/2005 12/1/2005
-0.50 1 4/1/2010 4/1/2010
-0.40 1 9/1/2018 9/1/2018
-0.20 1 10/1/2010 10/1/2010
-0.20 1 11/1/2001 11/1/2001
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Time Windows Analysis

 1 Month3 Month6 Month12 Month18 Month2 Year3 Year4 Year5 Year
Number of Periods223.00221.00218.00212.00206.00200.00188.00176.00164.00
Percent Profitable51.1252.4960.5560.3864.5666.5071.8167.0568.90
Average Period Return0.270.821.603.124.806.359.0412.3816.59
Average Gain1.793.444.507.339.4211.1914.1620.5326.21
Average Loss-1.66-2.56-3.56-3.80-3.88-3.26-4.00-4.21-4.74
Best Period6.2010.5117.2822.0431.4132.9341.2342.0846.95
Worst Period-5.40-7.98-10.43-10.65-10.43-10.43-14.51-10.56-13.21
Standard Deviation2.093.604.676.518.339.8512.4915.0018.53
Gain Standard Deviation1.532.473.164.506.588.5610.9411.4113.94
Loss Standard Deviation1.182.072.542.652.572.333.412.433.29
Sharpe Ratio (1%)0.090.160.240.330.400.440.480.550.62
Average Gain / Average Loss1.081.341.261.932.433.443.544.885.53
Profit / Loss Ratio1.431.832.423.394.756.829.019.9312.25
Downside Deviation (10%)1.482.713.785.647.338.8812.6416.5320.53
Downside Deviation (5%)1.302.162.693.223.443.354.224.985.86
Downside Deviation (0%)1.262.042.452.712.672.312.782.783.21
Sortino Ratio (10%)-0.09-0.15-0.23-0.33-0.38-0.44-0.53-0.55-0.54
Sortino Ratio (5%)0.150.260.410.660.961.301.431.671.96
Sortino Ratio (0%)0.220.400.651.151.802.753.254.455.17

Top Performer Badges

Index Award Type Rank Performance Period
Trend Following Strategy Index Month 8 1.90 6/2012
Trend Following Strategy Index Month 7 3.40 12/2011
Trend Following Strategy Index Month 9 1.40 4/2009
Trend Following Strategy Index Month 8 1.40 3/2009
Trend Following Strategy Index Month 9 3.00 1/2009
Trend Following Strategy Index Month 9 0.90 3/2007
Trend Following Strategy Index Month 8 1.60 6/2006
Trend Following Strategy Index Month 8 3.00 10/2005
Trend Following Strategy Index Month 6 0.15 4/2004
Trend Following Strategy Index Month 4 1.47 3/2003
Systematic Trader Index Month 7 1.47 3/2003
Trend Following Strategy Index Month 2 0.15 10/2002
Systematic Trader Index Month 9 0.15 10/2002
Trend Following Strategy Index Month 8 0.99 1/2002
IASG CTA Index Month 9 5.77 12/2001
Systematic Trader Index Month 7 5.77 12/2001
Trend Following Strategy Index Month 7 5.77 12/2001
Trend Following Strategy Index Month 3 -0.35 11/2001
Trend Following Strategy Index Month 9 -2.22 4/2001

Past performance is not necessarily indicative of future results. The risk of loss in trading commodity futures, options, and foreign exchange ("forex") is substantial.