Haar Capital Management : Discretionary Commodity Trading Program Need help with terms? Snapshot Strategy Charts Statistics & Ratios Performance Tables Badges Show All Year-to-Date N / A May Performance 3.69% Min Investment $ 250k Mgmt. Fee 2.00% Perf. Fee 20.00% Annualized Vol 11.21% Sharpe (RFR=1%) 0.46 CAROR 5.63% Assets $ 59.7M Worst DD -17.67 S&P Correlation 0.03 Add Alert Add to Blender Add to Portfolio Add to Watchlist Print Page 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 May Qtr 2020 1yr 3yr 5yr 10yr Since12/2005 Discretionary Commodity Trading Program 3.69 - - - - - 7.77 68.27 S&P 500 1.05 - - - - - 76.84 197.79 +/- S&P 500 2.64 - - - - - -69.07 -129.52 Strategy Description SummaryHAAR CAPITAL'S APPROACH: In managing the accounts of customers, Haar Capital uses a primarily fundamental strategy although technical analysis may also be employed to help determine specific entry and exit points and the placement of stop-loss orders. The advisor believes that commodity... Read More Account & Fees Type Managed Account Minimum Investment $ 250k Trading Level Incremental Increase $ 0k CTA Max Funding Factor Management Fee 2.00% Performance Fee 20.00% Average Commission $12.00 Available to US Investors Yes Subscriptions High Water Mark No Subscription Frequency Daily Redemption Frequency Daily Investor Requirements Any Investor Lock-up Period 0 Trading Trading Frequency 750 RT/YR/$M Avg. Margin-to-Equity 12% Targeted Worst DD Worst Peak-to-Trough 0% 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 100.00% Systematic 0% Strategy Fundamental 100.00% Composition Grains 50.00% Softs 30.00% Currency Futures 5.00% Precious Metals 5.00% Interest Rates 3.00% Livestock 3.00% Energy 2.00% Stock Indices 2.00% SummaryHAAR CAPITAL'S APPROACH: In managing the accounts of customers, Haar Capital uses a primarily fundamental strategy although technical analysis may also be employed to help determine specific entry and exit points and the placement of stop-loss orders. The advisor believes that commodity price changes occur due to a combination of changing fundamental factors and short-term noise resulting from normal market volatility. Haar Capital seeks to filter out the short-term noise and profit from longer-term trends. Among the fundamental factors to be analyzed will be product supply and demand outlook, projected carryout stocks as a percentage of consumption, weather developments and forecasts, economic trends, and government policies. Based on his extensive experience in managing commercial and speculative trading positions, and recognizing that future states of the world cannot be known with certainty, the advisor seeks to identify skewed risk-reward opportunities; i.e., situations in which the probability of a large gain is seen as being approximately equal to the probability of a small loss. The advisor may refrain from trading most markets at any given time, based on his assessment of neutral or unattractive risk-reward conditions. In addition to outright long and short positions, trading strategies may include inter and intra-market spread positions and the use of commodity options. Investment StrategyThe market sectors that will be traded in this program include, without limitation, Currencies, Metals, Financials, Energies, Softs, Livestock, Grains, and Equity Indices.Risk ManagementVarious risk management tools will be used by Haar Capital, including stop-loss orders. Stop-loss orders may not necessarily limit losses, since they become market orders when triggered; as a result, a stop-loss order may not be executed at the stop-loss price. Additionally, risk may be managed by varying the size of positions based in part on an assessment of market volatility. Another tool which will be used is portfolio diversification. This technique attempts to take into account the volatility and correlation across multiple markets, as well as projected price behavior in response to specific market-moving events. However, no assurances can be made that historical market correlations will occur or persist in all market conditions. Consistent with the advisor's market approach, portfolios will be managed to meet longer-term risk and volatility tolerances, rather than trading on the basis of short-term trends. Compare to: {{result.name}} {{result.description}} Index: Chart Type: AUM & Cumulative Returns Cumulative Returns Distribution Rolling Past performance is not necessarily indicative of future results. The risk of loss in trading commodity futures, options, and foreign exchange ("forex") is substantial. Compare to: Index: Select an Index Hang Seng Russell 2000 DAX FTSE 100 S&P 500 Index 10-Year Note VIX S&P 500 Monthly Annual 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 -17.67 24 10 7/1/2008 7/1/2010 -12.60 2 7 2/1/2007 4/1/2007 -11.27 30 - 8/1/2012 2/1/2015 -6.30 3 2 6/1/2006 9/1/2006 -6.07 9 3 8/1/2011 5/1/2012 -3.07 1 2 2/1/2008 3/1/2008 -2.26 1 1 1/1/2006 2/1/2006 -0.77 1 1 12/1/2006 1/1/2007 -0.04 1 2 5/1/2011 6/1/2011 Show More Consecutive Gains Run-up Length (Mos.) Start End 30.55 6 9/1/2007 2/1/2008 17.87 3 10/1/2006 12/1/2006 15.35 3 8/1/2010 10/1/2010 10.60 2 12/1/2005 1/1/2006 9.46 3 6/1/2012 8/1/2012 8.36 4 4/1/2008 7/1/2008 8.20 2 12/1/2010 1/1/2011 7.79 4 3/1/2006 6/1/2006 7.56 2 5/1/2007 6/1/2007 6.60 3 3/1/2009 5/1/2009 5.85 2 4/1/2011 5/1/2011 5.05 2 8/1/2014 9/1/2014 4.90 1 3/1/2015 3/1/2015 4.55 1 2/1/2007 2/1/2007 3.69 1 5/1/2015 5/1/2015 3.48 4 10/1/2013 1/1/2014 3.45 1 1/1/2015 1/1/2015 2.31 2 7/1/2011 8/1/2011 2.26 3 4/1/2014 6/1/2014 1.53 2 12/1/2009 1/1/2010 1.48 1 6/1/2013 6/1/2013 1.39 3 7/1/2009 9/1/2009 1.33 1 4/1/2013 4/1/2013 0.93 1 8/1/2013 8/1/2013 0.90 2 2/1/2012 3/1/2012 0.90 1 5/1/2010 5/1/2010 0.56 1 8/1/2006 8/1/2006 0.55 1 12/1/2011 12/1/2011 0.50 1 2/1/2013 2/1/2013 0.28 1 10/1/2011 10/1/2011 0.04 1 12/1/2008 12/1/2008 Show More Consecutive Losses Run-up Length (Mos.) Start End -12.60 2 3/1/2007 4/1/2007 -9.60 3 10/1/2014 12/1/2014 -6.49 4 8/1/2008 11/1/2008 -5.95 2 10/1/2009 11/1/2009 -5.48 2 7/1/2007 8/1/2007 -5.36 3 2/1/2010 4/1/2010 -4.77 1 2/1/2015 2/1/2015 -4.53 2 6/1/2010 7/1/2010 -4.22 5 9/1/2012 1/1/2013 -4.06 1 9/1/2006 9/1/2006 -3.95 1 9/1/2011 9/1/2011 -3.86 1 11/1/2010 11/1/2010 -3.50 2 1/1/2009 2/1/2009 -3.09 1 5/1/2013 5/1/2013 -3.08 1 6/1/2009 6/1/2009 -3.07 1 3/1/2008 3/1/2008 -3.03 2 2/1/2014 3/1/2014 -2.88 1 7/1/2006 7/1/2006 -2.39 2 2/1/2011 3/1/2011 -2.26 1 2/1/2006 2/1/2006 -2.09 1 7/1/2013 7/1/2013 -1.96 2 4/1/2012 5/1/2012 -1.37 1 1/1/2012 1/1/2012 -1.21 1 3/1/2013 3/1/2013 -1.14 1 9/1/2013 9/1/2013 -0.77 1 1/1/2007 1/1/2007 -0.59 1 11/1/2011 11/1/2011 -0.17 1 7/1/2014 7/1/2014 -0.13 1 4/1/2015 4/1/2015 -0.04 1 6/1/2011 6/1/2011 Show More Time Windows Analysis 1 Month3 Month6 Month12 Month18 Month2 Year3 Year4 Year5 Year Number of Periods114.00112.00109.00103.0097.0091.0079.0067.0055.00 Percent Profitable57.0254.4655.0562.1470.1071.4388.6195.5298.18 Average Period Return0.511.392.585.217.4210.2312.7716.6222.45 Average Gain2.505.047.7310.9212.6816.5714.6417.4522.87 Average Loss-2.14-2.98-3.74-4.16-4.93-5.62-1.78-1.05-0.42 Best Period10.1217.8730.5535.3737.4847.9852.1145.3054.55 Worst Period-10.05-11.70-11.15-11.86-11.63-17.67-4.75-1.67-0.42 Standard Deviation3.245.617.8310.8612.2815.4212.6212.2216.46 Gain Standard Deviation2.524.826.789.9110.7813.5112.1811.8716.31 Loss Standard Deviation1.912.492.732.953.664.751.640.86 Sharpe Ratio (1%)0.130.200.270.390.480.530.771.031.05 Average Gain / Average Loss1.171.692.072.622.572.958.2216.6055.08 Profit / Loss Ratio1.552.022.534.316.037.3763.91354.152974.11 Downside Deviation (10%)2.083.304.586.107.739.479.2311.0814.17 Downside Deviation (5%)1.912.743.373.654.044.781.791.320.98 Downside Deviation (0%)1.872.613.103.123.343.900.800.270.06 Sortino Ratio (10%)0.050.050.020.03-0.020.00-0.32-0.45-0.37 Sortino Ratio (5%)0.220.420.621.151.461.725.459.5417.66 Sortino Ratio (0%)0.270.530.831.672.222.6216.0562.21400.89 Top Performer Badges Index Award Type Rank Performance Period Discretionary Trader Index Month 7 4.90 3/2015 Diversified Trader Index Month 5 5.90 8/2012 Discretionary Trader Index Month 9 8.36 12/2007 Discretionary Trader Index Month 2 6.23 11/2007 Discretionary Trader Index Month 5 6.45 6/2007 Discretionary Trader Index Month 6 4.55 2/2007 Diversified Trader Index Month 9 4.55 2/2007 Discretionary Trader Index Month 9 1.88 12/2006 IASG CTA Index Month 9 10.12 11/2006 Discretionary Trader Index Month 6 10.12 11/2006 Diversified Trader Index Month 6 10.12 11/2006 Discretionary Trader Index Month 8 5.06 10/2006 Discretionary Trader Index Month 9 1.49 6/2006 Diversified Trader Index Month 10 1.49 6/2006 Discretionary Trader Index Month 5 3.28 5/2006 Discretionary Trader Index Month 4 9.47 1/2006 Past performance is not necessarily indicative of future results. The risk of loss in trading commodity futures, options, and foreign exchange ("forex") is substantial. x {{title}} x {{title}} Add Cancel