Global Advisory Partners Zurich LLC : KONA - Global Macro

archived programs
Year-to-Date
N / A
Nov Performance
1.66%
Min Investment
$ 100k
Mgmt. Fee
2.00%
Perf. Fee
20.00%
Annualized Vol
22.00%
Sharpe (RFR=1%)
0.89
CAROR
20.04%
Assets
$ 504k
Worst DD
-12.54
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 Nov Qtr YTD 1yr 3yr 5yr 10yr Since
5/2013
KONA - Global Macro 1.66 - - - 2.66 4.47 - 131.01
S&P 500 0.37 - - - 23.76 80.68 - 112.46
+/- S&P 500 1.29 - - - -21.09 -76.21 - 18.55

Strategy Description

Summary

The KONA - Global Macro Program combines discretionary trading expertise with a quantitative strategy parameterization. Trading strategies focus on identifying portfolio shifts of big/smart investors vs. private investors (the crowd). That is, market movements and volumes are divided... Read More

Account & Fees

Type Managed Account
Minimum Investment $ 100k
Trading Level Incremental Increase $ 50k
CTA Max Funding Factor
Management Fee 2.00%
Performance Fee 20.00%
Average Commission $0
Available to US Investors No

Subscriptions

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

Trading

Trading Frequency 500 RT/YR/$M
Avg. Margin-to-Equity 17%
Targeted Worst DD
Worst Peak-to-Trough 12.28%
Sector Focus Diversified Traders

Holding Periods

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

Decision-Making

Discretionary 80.00%
Systematic 20.00%

Strategy

Fundamental
20.00%
Technical
80.00%
Strategy Pie Chart

Composition

Currency Futures
10.00%
Currency FX
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%
Stock Indices
10.00%
Composition Pie Chart

Summary

The KONA - Global Macro Program combines discretionary trading expertise with a quantitative strategy parameterization. Trading strategies focus on identifying portfolio shifts of big/smart investors vs. private investors (the crowd). That is, market movements and volumes are divided into big investors` and small investors` portfolio management decisions to systematically trade towards the direction, which the "smart money" is interested in. The KONA - Global Macro Program invests across all asset classes, like currencies-, stock indices-, interest-, energies-, soft- commodities-, grains- and metals- markets with the ability to go long or short. It trades both pro and counter- trend to benefit from trending markets and also short- term pullbacks. It invests exclusively in liquid exchange traded futures markets, where positions can be closed immediately when required. It has a strict approach to Risk Management. Risk is managed on 3 levels: on an individual trade basis, on a portfolio Value at Risk basis, and on a total position size and leverage basis.

   

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
-12.54 6 - 3/1/2017 9/1/2017
-9.90 2 5 3/1/2016 5/1/2016
-9.87 3 2 8/1/2015 11/1/2015
-7.88 2 3 7/1/2014 9/1/2014
-6.72 1 1 6/1/2013 7/1/2013
-6.34 1 2 5/1/2015 6/1/2015
-6.33 1 2 11/1/2016 12/1/2016
-6.01 1 2 2/1/2015 3/1/2015
-5.63 1 2 8/1/2013 9/1/2013
-3.70 1 1 1/1/2016 2/1/2016
-3.33 1 1 12/1/2013 1/1/2014
-1.77 1 1 2/1/2014 3/1/2014
Show More

Consecutive Gains

Run-up Length (Mos.) Start End
22.65 4 4/1/2014 7/1/2014
20.05 1 8/1/2013 8/1/2013
19.99 2 7/1/2015 8/1/2015
18.14 5 10/1/2014 2/1/2015
17.62 2 10/1/2013 11/1/2013
14.73 3 9/1/2016 11/1/2016
12.92 1 2/1/2014 2/1/2014
12.57 2 12/1/2015 1/1/2016
10.11 2 5/1/2013 6/1/2013
7.82 3 1/1/2017 3/1/2017
7.45 2 6/1/2016 7/1/2016
6.86 2 4/1/2015 5/1/2015
5.41 1 3/1/2016 3/1/2016
4.27 1 10/1/2015 10/1/2015
3.46 2 10/1/2017 11/1/2017
0.71 1 8/1/2017 8/1/2017
Show More

Consecutive Losses

Run-up Length (Mos.) Start End
-12.48 4 4/1/2017 7/1/2017
-9.90 2 4/1/2016 5/1/2016
-7.88 2 8/1/2014 9/1/2014
-7.30 1 9/1/2015 9/1/2015
-6.75 1 11/1/2015 11/1/2015
-6.72 1 7/1/2013 7/1/2013
-6.34 1 6/1/2015 6/1/2015
-6.33 1 12/1/2016 12/1/2016
-6.01 1 3/1/2015 3/1/2015
-5.63 1 9/1/2013 9/1/2013
-3.70 1 2/1/2016 2/1/2016
-3.33 2 12/1/2013 1/1/2014
-1.77 1 3/1/2014 3/1/2014
-0.77 1 9/1/2017 9/1/2017
-0.07 1 8/1/2016 8/1/2016
Show More

Time Windows Analysis

 1 Month3 Month6 Month12 Month18 Month2 Year3 Year
Number of Periods55.0053.0050.0044.0038.0032.0020.00
Percent Profitable61.8271.7074.0093.1894.74100.00100.00
Average Period Return1.724.899.8821.1630.6441.8368.06
Average Gain5.318.8415.1323.0332.4141.8368.06
Average Loss-4.28-5.12-5.08-4.31-1.19
Best Period20.0522.6136.0975.2483.8395.65114.66
Worst Period-8.85-12.25-12.54-8.61-1.961.7624.13
Standard Deviation6.358.4312.5219.2721.2225.7330.13
Gain Standard Deviation5.086.179.9618.6120.3725.7330.13
Loss Standard Deviation2.963.683.884.141.09
Sharpe Ratio (1%)0.260.550.751.051.371.552.16
Average Gain / Average Loss1.241.722.985.3527.29
Profit / Loss Ratio2.114.378.4773.08491.15
Downside Deviation (10%)3.323.884.312.792.121.67
Downside Deviation (5%)3.153.433.421.640.640.04
Downside Deviation (0%)3.113.323.211.430.33
Sortino Ratio (10%)0.400.941.725.7910.8718.91
Sortino Ratio (5%)0.521.352.7412.2745.35906.59
Sortino Ratio (0%)0.551.473.0714.8094.26

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.