Bluebird Capital Management : Bluebird Global Diversified Program

archived programs
Year-to-Date
N / A
Jul Performance
-1.40%
Min Investment
$ 50k
Mgmt. Fee
1.00%
Perf. Fee
20.00%
Annualized Vol
108.66%
Sharpe (RFR=1%)
-0.12
CAROR
-
Assets
$ 26k
Worst DD
-56.58
S&P Correlation
0.22

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 Jul Qtr YTD 1yr 3yr 5yr 10yr Since
8/2017
Bluebird Global Diversified Program -1.40 - - - -31.85 - - -48.50
S&P 500 3.60 - - - 32.51 - - 40.39
+/- S&P 500 -5.00 - - - -64.36 - - -88.89

Strategy Description

Summary

The Diversified Program trades a globally diverse portfolio of commodities, currencies, and financial futures. The program’s purpose is to provide above average long-term growth that is uncorrelated to stock and bond portfolios, and to avoid correlation to other hedge funds and CTAs.... Read More

Account & Fees

Type Managed Account
Minimum Investment $ 50k
Trading Level Incremental Increase $ 0k
CTA Max Funding Factor
Management Fee 1.00%
Performance Fee 20.00%
Average Commission $10.00
Available to US Investors Yes

Subscriptions

High Water Mark Yes
Subscription Frequency 1-7 Days
Redemption Frequency 1-7 Days
Investor Requirements Any Investor
Lock-up Period 36

Trading

Trading Frequency 5000 RT/YR/$M
Avg. Margin-to-Equity 80%
Targeted Worst DD
Worst Peak-to-Trough -35.47%
Sector Focus Diversified Traders

Holding Periods

Over 12 Months 5.00%
4-12 Months 5.00%
1-3 Months 20.00%
1-30 Days 60.00%
Intraday 10.00%

Decision-Making

Discretionary 80.00%
Systematic 20.00%

Strategy

Fundamental
20.00%
Momentum
20.00%
Seasonal/cyclical
20.00%
Technical
20.00%
Trend-following
20.00%
Strategy Pie Chart

Composition

Stock Indices
20.00%
Currency Futures
10.00%
Industrial Metals
10.00%
Precious Metals
10.00%
Energy
10.00%
Grains
10.00%
Interest Rates
10.00%
Livestock
10.00%
Softs
10.00%
Composition Pie Chart

Summary

The Diversified Program trades a globally diverse portfolio of commodities, currencies, and financial futures. The program’s purpose is to provide above average long-term growth that is uncorrelated to stock and bond portfolios, and to avoid correlation to other hedge funds and CTAs. The Diversified Program is the only investment product offered.

Investment Strategy

The CTA’s longer-term event-driven/fundamental focus is to capture price inefficiencies based on the following macro events: Brexit, Federal Reserve’s Quantitative Easing policy, emerging currency exchanges, systemic bond market changes, structural population changes/demand preferences, and generational commodity supply/demand imbalances.

Risk Management

Bluebird's money management methodology involves a handful of parameters. The strategy is non-optimized, and enters a market with a predetermined exit price. Each market's volatility is tracked continuously to determine when the volatility skews the risk/reward ratio. The risk management strategy also tracks correlations to ensure hidden risk levels are not breached.

   

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:
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Average Gain:
Gain Deviation:
Risk
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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
-56.58 5 - 2/1/2018 7/1/2018
-35.47 2 3 1/1/0001 9/1/2017
-4.29 1 1 12/1/2017 1/1/2018
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Consecutive Gains

Run-up Length (Mos.) Start End
51.14 1 12/1/2017 12/1/2017
50.05 1 10/1/2017 10/1/2017
31.16 1 4/1/2018 4/1/2018
13.67 1 2/1/2018 2/1/2018
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Consecutive Losses

Run-up Length (Mos.) Start End
-47.92 3 5/1/2018 7/1/2018
-36.44 1 3/1/2018 3/1/2018
-35.47 2 8/1/2017 9/1/2017
-25.50 1 11/1/2017 11/1/2017
-4.29 1 1/1/2018 1/1/2018
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Time Windows Analysis

 1 Month3 Month6 Month
Number of Periods12.0010.007.00
Percent Profitable33.3330.0071.43
Average Period Return-1.05-0.77-0.22
Average Gain36.5147.0520.25
Average Loss-19.82-21.27-51.37
Best Period51.1468.9656.98
Worst Period-40.14-47.92-52.09
Standard Deviation31.3739.3139.31
Gain Standard Deviation17.7734.1022.04
Loss Standard Deviation14.2217.241.02
Sharpe Ratio (1%)-0.04-0.03-0.02
Average Gain / Average Loss1.842.210.39
Profit / Loss Ratio0.920.950.99
Downside Deviation (10%)19.7723.0828.78
Downside Deviation (5%)19.5522.4127.73
Downside Deviation (0%)19.4922.2527.46
Sortino Ratio (10%)-0.07-0.09-0.09
Sortino Ratio (5%)-0.06-0.05-0.03
Sortino Ratio (0%)-0.05-0.03-0.01

Top Performer Badges

Index Award Type Rank Performance Period

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