Bluenose Capital Management, LLC : BNC EI

Year-to-Date
6.26%
Mar Performance
1.66%
Min Investment
$ 15k
Mgmt. Fee
2.00%
Perf. Fee
20.00%
Annualized Vol
13.18%
Sharpe (RFR=1%)
0.09
CAROR
1.33%
Assets
$ 577k
Worst DD
-33.29
S&P Correlation
0.11

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 Mar Qtr YTD 1yr 3yr 5yr 10yr Since
7/2010
BNC EI 1.66 2.85 6.26 -9.37 -8.74 -28.82 - 12.30
S&P 500 1.79 13.07 13.07 7.33 36.22 49.85 - 164.67
+/- S&P 500 -0.13 -10.22 -6.80 -16.70 -44.96 -78.68 - -152.37

Strategy Description

Summary

BNC EI uses mini contracts which can be executed electronically. BNC EI requires an initial capital amount of $15,000. . Since inception the program has returned 51.49%. During this time volatility was sharply higher which enabled the account to achieve the results it did. There is... Read More

Account & Fees

Type
Managed Account
Minimum Investment
$ 15k
Trading Level Incremental Increase
$ 15k
CTA Max Funding Factor
Management Fee
2.00%
Performance Fee
20.00%
Average Commission
$4.00
Available to US Investors
Yes

Subscriptions

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

Trading

Trading Frequency
11000 RT/YR/$M
Avg. Margin-to-Equity
50%
Targeted Worst DD
Worst Peak-to-Trough
-9.98%
Sector Focus
Stock Index Traders

Holding Periods

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

Decision-Making

Discretionary
100.00%
Systematic
0%

Strategy

Option-writing
100.00%
Strategy Pie Chart

Composition

Stock Indices
100.00%
Composition Pie Chart

Summary

BNC EI uses mini contracts which can be executed electronically. BNC EI requires an initial capital amount of $15,000. . Since inception the program has returned 51.49%. During this time volatility was sharply higher which enabled the account to achieve the results it did. There is no guarantee that past performance will be the same as future performance.

Investment Strategy

Bluenose Capital Management, LLC develops and implements strategies intended to generate above average returns while seeking to be flexible enough to profit in rising markets as well as declining markets. (The potential for loss is, of course, also equal.) Additionally, Bluenose Capital Management, LLC trading strategy has the potential to perform well in both inflationary and deflationary periods (unlike stocks). The Bluenose Capital Management, LLC strategy is based on the belief that investments in stock indexes and commodities, not individual stocks or sectors, hold more possibilities for growth than day trading, swing trading, trend following or “buy and hold” strategies. Bluenose Capital Management, LLC believes that their approach to investing will continue to be more effective in repairing the damage that was caused to portfolios by the bear market beginning in 2007 and in generating growth to new portfolios. The markets do not operate in a static environment. They are constantly changing. In order for Bluenose Capital Management, LLC strategies to continue to work it is necessary to continually evaluate where we have been and where we are going and adjust accordingly. Bluenose Capital Management, LLC trading strategy incorporates five vital elements; fundamental analysis, technical analysis, strategy, money-management and risk assessment. Fundamental analysis is the study of the economic environment, both macro and micro. It is the study of supply and demand, interest rate policy, labor productivity and monetary policies. Fundamental analysis also considers the state of our economy as well as the global economic and political situation. The use of fundamentals assists in recognizing potential trading opportunities and aids in determining what the market is thinking and how it might react. Technical analysis is the study of price movement in the context of statistical and probability outcomes. It is the study of price pattern histories in order to predict how prices might react in the future. The use of technical analysis assists in determining a more favorable entry or exit of Bluenose Capital Management, LLC positions. After assessing both fundamental and technical conditions of the market Bluenose Capital Management, LLC then ascertains the best strategy. At the present time, Bluenose Capital Management, LLC believes that the selling of premium on futures indexes is the best strategy. Proper money management is imperative to the long term success of any portfolio. We understand the importance of this issue and are constantly implementing proper money management techniques. The final element to our plan is risk assessment. We are continually analyzing the markets to ascertain the risks. Risk assessment and money management work together. There are times when we are fully positioned in the markets and times when we are not depending on our opinions of the risk assessment. Although risks cannot be eliminated and profits cannot be guaranteed through money management and risk control, these two steps are vital for the long-term growth we wish Bluenose Capital Management, LLC and its clients to attain. Bluenose Capital Management, LLC will take advantage of the financial markets using diversified strategies. Some of these strategies involve the selling of time (calls and puts) on stock indices or other suitable commodities. At times we may purchase calls and puts to reduce margin or to take advantage of what we believe will be a profitable trade based on market conditions. We look for investment opportunities trying to capitalize on the fear and greed of the average investor. Bluenose Capital Management, LLC will follow a long-term plan for portfolio growth and protection. There are times when Bluenose Capital Management, LLC is not in the markets at all and others when we are fully invested. At present, the main strategy that best meets Bluenose Capital Management, LLC criteria for effective growth to risk management is one that focuses on the writing (selling) of options using Futures contracts of indices and other commodities. We currently offer three programs, BNC EI BNC BI and BNC CL.

   

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
-33.29 51 - 9/1/2014 12/1/2018
-11.72 4 9 2/1/2013 6/1/2013
-6.47 3 4 7/1/2011 10/1/2011
-5.00 3 2 4/1/2014 7/1/2014
-3.14 2 2 5/1/2012 7/1/2012
-1.32 1 1 12/1/2012 1/1/2013
-0.21 1 1 2/1/2012 3/1/2012
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Consecutive Gains

Run-up Length (Mos.) Start End
33.05 13 7/1/2010 7/1/2011
15.92 5 12/1/2013 4/1/2014
12.40 5 7/1/2016 11/1/2016
10.64 5 8/1/2012 12/1/2012
8.94 4 11/1/2011 2/1/2012
6.84 3 5/1/2015 7/1/2015
6.80 2 7/1/2013 8/1/2013
6.67 7 6/1/2017 12/1/2017
6.65 3 9/1/2018 11/1/2018
6.26 3 1/1/2019 3/1/2019
6.21 4 1/1/2017 4/1/2017
5.69 2 8/1/2014 9/1/2014
4.57 1 11/1/2014 11/1/2014
4.47 2 2/1/2015 3/1/2015
3.87 3 4/1/2018 6/1/2018
3.76 2 4/1/2012 5/1/2012
3.36 1 9/1/2011 9/1/2011
3.14 2 4/1/2016 5/1/2016
3.03 1 2/1/2013 2/1/2013
2.58 1 6/1/2014 6/1/2014
1.92 1 9/1/2015 9/1/2015
0.62 1 11/1/2015 11/1/2015
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Consecutive Losses

Run-up Length (Mos.) Start End
-22.43 3 1/1/2018 3/1/2018
-16.29 1 12/1/2018 12/1/2018
-15.11 1 10/1/2014 10/1/2014
-13.22 4 12/1/2015 3/1/2016
-11.72 4 3/1/2013 6/1/2013
-6.84 1 8/1/2015 8/1/2015
-6.62 2 7/1/2018 8/1/2018
-5.65 1 8/1/2011 8/1/2011
-5.62 3 9/1/2013 11/1/2013
-4.37 1 5/1/2014 5/1/2014
-4.22 2 12/1/2014 1/1/2015
-4.09 1 10/1/2011 10/1/2011
-3.16 1 7/1/2014 7/1/2014
-3.14 2 6/1/2012 7/1/2012
-1.73 1 10/1/2015 10/1/2015
-1.32 1 1/1/2013 1/1/2013
-0.82 1 5/1/2017 5/1/2017
-0.60 1 12/1/2016 12/1/2016
-0.51 1 6/1/2016 6/1/2016
-0.27 1 4/1/2015 4/1/2015
-0.21 1 3/1/2012 3/1/2012
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Time Windows Analysis

 1 Month3 Month6 Month12 Month18 Month2 Year3 Year4 Year5 Year
Number of Periods105.00103.00100.0094.0088.0082.0070.0058.0046.00
Percent Profitable67.6266.9958.0054.2657.9563.4150.0048.2854.35
Average Period Return0.190.430.861.362.223.132.171.922.28
Average Gain2.124.277.7111.6011.9411.7614.2017.2214.27
Average Loss-3.84-7.35-8.60-10.78-11.17-11.84-9.85-12.37-11.99
Best Period5.449.2515.5431.5730.5438.2735.3354.7646.43
Worst Period-16.29-22.43-21.01-32.83-29.28-24.52-20.88-23.62-27.47
Standard Deviation3.806.629.6113.2914.4314.7114.9218.2317.20
Gain Standard Deviation1.192.484.137.119.3310.2011.0613.4112.50
Loss Standard Deviation4.225.456.437.288.017.505.657.009.19
Sharpe Ratio (1%)0.030.030.040.030.050.08-0.06-0.12-0.16
Average Gain / Average Loss0.550.580.901.081.070.991.441.391.19
Profit / Loss Ratio1.151.181.241.281.471.721.441.301.42
Downside Deviation (10%)3.385.828.2711.7913.4214.5619.4625.8030.28
Downside Deviation (5%)3.265.357.199.349.699.499.9412.8113.05
Downside Deviation (0%)3.225.236.938.778.888.448.0010.1810.12
Sortino Ratio (10%)-0.07-0.14-0.19-0.31-0.40-0.49-0.70-0.76-0.84
Sortino Ratio (5%)0.030.030.050.040.070.12-0.09-0.17-0.22
Sortino Ratio (0%)0.060.080.120.160.250.370.270.190.23

Top Performer Badges

Index Award Type Rank Performance Period
Option Strategy Index Month 10 0.00 3/2019
Option Strategy Index Month 8 0.00 2/2019
Option Strategy Index Month 3 3.32 1/2019
Discretionary Trader Index Month 6 3.32 1/2019
Stock Index Trader Index Month 7 3.32 1/2019
Option Strategy Index Month 8 0.00 11/2018
Option Strategy Index Month 7 0.00 10/2018
Discretionary Trader Index Month 7 2.22 9/2018
Stock Index Trader Index Month 2 2.22 9/2018
Option Strategy Index Month 2 2.22 9/2018
Stock Index Trader Index Month 2 2.22 9/2018
Option Strategy Index Month 2 2.22 9/2018
Discretionary Trader Index Month 7 2.22 9/2018
Option Strategy Index Month 9 0.00 8/2018
Option Strategy Index Month 3 2.09 6/2018
Stock Index Trader Index Month 5 2.09 6/2018
Discretionary Trader Index Month 8 2.09 6/2018
Option Strategy Index Month 8 0.00 5/2018
Option Strategy Index Month 6 1.54 4/2018
Option Strategy Index Month 6 1.54 4/2018
Stock Index Trader Index Month 10 1.54 4/2018
Option Strategy Index Month 10 -14.66 2/2018
Option Strategy Index Month 6 0.33 12/2017
Option Strategy Index Month 3 1.08 11/2017
Option Strategy Index Month 9 0.42 10/2017
Option Strategy Index Month 5 0.93 9/2017
Option Strategy Index Month 5 1.28 8/2017
Stock Index Trader Index Month 7 1.28 8/2017
Option Strategy Index Month 5 1.14 7/2017
Option Strategy Index Month 5 1.31 6/2017
Stock Index Trader Index Month 10 1.31 6/2017
Stock Index Trader Index Month 6 1.81 4/2017
Option Strategy Index Month 3 1.81 4/2017
Option Strategy Index Month 5 1.93 3/2017
Discretionary Trader Index Month 9 1.93 3/2017
Stock Index Trader Index Month 9 1.93 3/2017
Stock Index Trader Index Month 8 2.14 1/2017
Option Strategy Index Month 3 2.14 1/2017
Option Strategy Index Month 2 3.51 11/2016
Stock Index Trader Index Month 7 3.51 11/2016
Discretionary Trader Index Month 6 5.24 10/2016
Stock Index Trader Index Month 1 5.24 10/2016
Option Strategy Index Month 1 5.24 10/2016
IASG CTA Index Month 5 5.24 10/2016
Option Strategy Index Month 9 0.25 9/2016
Stock Index Trader Index Month 8 1.42 8/2016
Option Strategy Index Month 7 1.42 8/2016
Stock Index Trader Index Month 8 1.48 7/2016
Option Strategy Index Month 4 1.48 7/2016
Option Strategy Index Month 9 -0.51 6/2016
Stock Index Trader Index Month 8 2.37 5/2016
Option Strategy Index Month 8 2.37 5/2016
Stock Index Trader Index Month 5 0.75 4/2016
Option Strategy Index Month 4 0.75 4/2016
Option Strategy Index Month 10 -3.15 1/2016
Option Strategy Index Month 10 0.62 11/2015
Option Strategy Index Month 8 2.38 7/2015
Option Strategy Index Month 3 2.63 6/2015
Discretionary Trader Index Month 8 2.63 6/2015
Stock Index Trader Index Month 6 2.63 6/2015
Option Strategy Index Month 7 1.68 5/2015
Stock Index Trader Index Month 7 2.46 3/2015
Option Strategy Index Month 6 2.46 3/2015
Stock Index Trader Index Month 4 4.57 11/2014
Option Strategy Index Month 3 4.57 11/2014
Discretionary Trader Index Month 4 4.57 11/2014
Option Strategy Index Month 3 3.79 9/2014
Stock Index Trader Index Month 6 3.79 9/2014
Option Strategy Index Month 6 2.58 6/2014
Stock Index Trader Index Month 7 2.58 6/2014
Option Strategy Index Month 6 1.90 4/2014
Stock Index Trader Index Month 10 1.90 4/2014
Stock Index Trader Index Month 8 4.32 3/2014
Option Strategy Index Month 6 4.32 3/2014
Discretionary Trader Index Month 8 4.32 3/2014
Discretionary Trader Index Month 4 4.69 1/2014
Option Strategy Index Month 2 4.69 1/2014
Stock Index Trader Index Month 3 4.69 1/2014
Stock Index Trader Index Month 5 4.13 12/2013
Discretionary Trader Index Month 7 4.13 12/2013
Option Strategy Index Month 4 4.13 12/2013
Discretionary Trader Index Month 4 5.44 8/2013
Option Strategy Index Month 1 5.44 8/2013
Stock Index Trader Index Month 2 5.44 8/2013
IASG CTA Index Month 10 5.44 8/2013
Option Strategy Index Month 3 3.03 2/2013
Stock Index Trader Index Month 7 3.03 2/2013
Stock Index Trader Index Month 7 2.57 11/2012
Option Strategy Index Month 10 2.57 11/2012
Stock Index Trader Index Month 7 2.01 9/2012
Option Strategy Index Month 7 2.01 9/2012
Option Strategy Index Month 8 2.23 5/2012
Stock Index Trader Index Month 7 1.12 7/2011
Option Strategy Index Month 7 2.93 6/2011
Stock Index Trader Index Month 4 2.93 6/2011
Option Strategy Index Month 10 1.18 4/2011
Option Strategy Index Month 9 2.98 3/2011
Option Strategy Index Month 4 3.04 2/2011
Stock Index Trader Index Month 6 3.04 2/2011
Option Strategy Index Month 9 2.43 1/2011

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