ITB Capital Advisors LLC : ITB Time Value Trading Program Need help with terms? Snapshot Strategy Charts Statistics & Ratios Performance Tables Badges Show All Year-to-Date N / A Nov Performance 2.19% Min Investment $ 5,000k Mgmt. Fee 2.00% Perf. Fee 20.00% Annualized Vol 21.67% Sharpe (RFR=1%) 0.54 CAROR 10.76% Assets $ 3.8M Worst DD -40.49 S&P Correlation 0.19 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 Nov Qtr YTD 1yr 3yr 5yr 10yr Since1/2009 ITB Time Value Trading Program 2.19 - - - 2.07 0.00 124.96 175.59 S&P 500 1.79 - - - 31.33 51.31 204.81 460.30 +/- S&P 500 0.40 - - - -29.26 -51.31 -79.86 -284.72 Strategy Description SummaryThe stated returns for the period from November 2011 through March 2012, including the compounded annual returns for 2011 and 2012, do not reflect losses arising from the sale to a third party of its MF Global, Inc. commodities customer claim. The rates of return, have been calculated... Read More Account & Fees Type Managed Account Minimum Investment $ 5,000k Trading Level Incremental Increase $ 100k CTA Max Funding Factor 1.50 Management Fee 2.00% Performance Fee 20.00% Average Commission $0 Available to US Investors Yes Subscriptions High Water Mark Yes Subscription Frequency 15-30 Days Redemption Frequency 15-30 Days Investor Requirements Accredited Investors Lock-up Period 0 Trading Trading Frequency 1200 RT/YR/$M Avg. Margin-to-Equity 0% Targeted Worst DD -20.00% Worst Peak-to-Trough 49.64% Sector Focus Stock Index Traders Holding Periods Over 12 Months 0% 4-12 Months 0% 1-3 Months 0% 1-30 Days 100.00% Intraday 0% Decision-Making Discretionary 100.00% Systematic 0% Strategy Option-purchasing 20.00% Option-spreads 20.00% Option-writing 60.00% Composition Stock Indices 100.00% SummaryThe stated returns for the period from November 2011 through March 2012, including the compounded annual returns for 2011 and 2012, do not reflect losses arising from the sale to a third party of its MF Global, Inc. commodities customer claim. The rates of return, have been calculated on the basis of only those assets available for trading during the impacted periods. ITB Capital Advisors is an alternative investment management firm specializing in managed futures, utilizing various options strategies. We are registered with both the Commodity Futures Trading Comission (CFTC), as well as the National Futures Assoc. (NFA).Investment StrategyThe investment programs employed in our ITB Time Value Trading Program Composite are discretionary, and revolve around various options strategies, both long and short, based on the implied volatility of the S&P 500, and the perceived movement over the life of the selected options. The options we trade are on S&P 500 futures contracts, with the great majority bought or sold on the current front month. The objective is to generate income,combined with opportunistic long investments for hedging purposes and incremental returns.Risk ManagementProactive monitoring and management of all investment positions in relaiton to risk is a vital function within our firm. Our strategies incorporate various hedging models to protect against downside risk, including extreme events. 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 -40.49 3 5 6/1/2011 9/1/2011 -37.46 6 - 7/1/2015 1/1/2016 -13.35 1 7 9/1/2014 10/1/2014 -12.66 1 6 6/1/2009 7/1/2009 -12.60 3 5 2/1/2013 5/1/2013 -10.61 2 3 3/1/2010 5/1/2010 -4.84 2 2 2/1/2014 4/1/2014 -3.96 1 1 2/1/2009 3/1/2009 -2.79 1 1 6/1/2014 7/1/2014 -0.99 1 1 3/1/2011 4/1/2011 -0.61 1 1 6/1/2012 7/1/2012 -0.25 1 1 8/1/2010 9/1/2010 Show More Consecutive Gains Run-up Length (Mos.) Start End 100.74 9 10/1/2011 6/1/2012 29.52 9 6/1/2013 2/1/2014 28.02 5 11/1/2009 3/1/2010 27.98 6 10/1/2010 3/1/2011 20.48 7 8/1/2012 2/1/2013 19.10 7 1/1/2015 7/1/2015 15.93 3 6/1/2010 8/1/2010 15.44 3 4/1/2009 6/1/2009 15.10 2 1/1/2009 2/1/2009 10.93 2 8/1/2014 9/1/2014 10.43 7 5/1/2016 11/1/2016 10.02 2 5/1/2014 6/1/2014 9.57 7 3/1/2017 9/1/2017 8.79 1 11/1/2014 11/1/2014 7.79 2 5/1/2011 6/1/2011 7.18 7 3/1/2018 9/1/2018 4.89 2 2/1/2016 3/1/2016 4.18 1 8/1/2009 8/1/2009 2.19 1 11/1/2018 11/1/2018 1.05 1 11/1/2015 11/1/2015 0.95 1 1/1/2017 1/1/2017 0.63 1 12/1/2017 12/1/2017 0.05 1 9/1/2015 9/1/2015 Show More Consecutive Losses Run-up Length (Mos.) Start End -40.49 3 7/1/2011 9/1/2011 -25.58 1 8/1/2015 8/1/2015 -18.05 2 1/1/2018 2/1/2018 -13.35 1 10/1/2014 10/1/2014 -13.13 2 12/1/2015 1/1/2016 -12.66 1 7/1/2009 7/1/2009 -12.60 3 3/1/2013 5/1/2013 -10.61 2 4/1/2010 5/1/2010 -5.61 1 12/1/2014 12/1/2014 -4.84 2 3/1/2014 4/1/2014 -4.32 1 10/1/2015 10/1/2015 -3.96 1 3/1/2009 3/1/2009 -2.79 1 7/1/2014 7/1/2014 -2.57 2 9/1/2009 10/1/2009 -1.71 1 12/1/2016 12/1/2016 -1.36 1 10/1/2018 10/1/2018 -0.99 1 4/1/2011 4/1/2011 -0.61 1 7/1/2012 7/1/2012 -0.55 2 10/1/2017 11/1/2017 -0.25 1 9/1/2010 9/1/2010 -0.20 1 2/1/2017 2/1/2017 -0.11 1 4/1/2016 4/1/2016 Show More Top Performer Badges Index Award Type Rank Performance Period Option Strategy Index Month 7 0.00 12/2018 Option Strategy Index Month 10 0.00 10/2018 Stock Index Trader Index Month 9 1.26 9/2018 Option Strategy Index Month 5 1.26 9/2018 Option Strategy Index Month 6 1.15 9/2016 Stock Index Trader Index Month 9 1.32 8/2016 Option Strategy Index Month 8 1.32 8/2016 Stock Index Trader Index Month 7 1.50 7/2016 Option Strategy Index Month 3 1.50 7/2016 Option Strategy Index Month 5 1.54 6/2016 Stock Index Trader Index Month 10 1.54 6/2016 Option Strategy Index Month 9 1.67 5/2016 Option Strategy Index Month 7 1.19 3/2016 Stock Index Trader Index Month 6 1.19 3/2016 Stock Index Trader Index Month 3 3.66 2/2016 Option Strategy Index Month 2 3.66 2/2016 Discretionary Trader Index Month 8 3.66 2/2016 Option Strategy Index Month 8 1.05 11/2015 Stock Index Trader Index Month 9 2.41 6/2015 Option Strategy Index Month 6 2.41 6/2015 Stock Index Trader Index Month 7 3.12 5/2015 Option Strategy Index Month 4 3.12 5/2015 Discretionary Trader Index Month 10 3.12 5/2015 Option Strategy Index Month 5 2.16 4/2015 Stock Index Trader Index Month 7 2.16 4/2015 Option Strategy Index Month 10 1.94 3/2015 Option Strategy Index Month 7 4.00 2/2015 Stock Index Trader Index Month 7 2.60 1/2015 Option Strategy Index Month 5 2.60 1/2015 IASG CTA Index 3 Year 6 84.74 2011 - 2014 IASG CTA Index 5 Year 6 162.58 2009 - 2014 Stock Index Trader Index Month 2 8.79 11/2014 Discretionary Trader Index Month 1 8.79 11/2014 Option Strategy Index Month 2 8.79 11/2014 Stock Index Trader Index Month 3 5.32 9/2014 Option Strategy Index Month 1 5.32 9/2014 Stock Index Trader Index Month 3 5.33 8/2014 Option Strategy Index Month 3 5.33 8/2014 Discretionary Trader Index Month 7 5.33 8/2014 Discretionary Trader Index Month 5 5.58 6/2014 Stock Index Trader Index Month 3 5.58 6/2014 Option Strategy Index Month 2 5.58 6/2014 Stock Index Trader Index Month 4 4.21 5/2014 Option Strategy Index Month 5 4.21 5/2014 Option Strategy Index Month 6 2.15 2/2014 Option Strategy Index Month 7 3.13 12/2013 Stock Index Trader Index Month 9 3.13 12/2013 IASG CTA Index 3 Year 10 90.59 2010 - 2013 Discretionary Trader Index Month 9 4.63 11/2013 Option Strategy Index Month 5 4.63 11/2013 Stock Index Trader Index Month 3 4.63 11/2013 Option Strategy Index Month 10 2.03 10/2013 Stock Index Trader Index Month 10 2.40 9/2013 Option Strategy Index Month 9 2.40 9/2013 Stock Index Trader Index Month 3 5.03 8/2013 Option Strategy Index Month 2 5.03 8/2013 Discretionary Trader Index Month 5 5.03 8/2013 Stock Index Trader Index Month 7 4.06 7/2013 Option Strategy Index Month 2 4.06 7/2013 Option Strategy Index Month 9 2.01 6/2013 Discretionary Trader Index Month 10 3.75 2/2013 Option Strategy Index Month 2 3.75 2/2013 Stock Index Trader Index Month 4 3.75 2/2013 Option Strategy Index Month 10 0.88 1/2013 IASG CTA Index 3 Year 9 120.60 2009 - 2012 Option Strategy Index Month 2 2.51 12/2012 IASG CTA Index Annual 6 55.21 2012 Stock Index Trader Index Month 4 2.51 12/2012 Discretionary Trader Index Month 6 2.51 12/2012 Stock Index Trader Index Month 10 1.80 11/2012 Option Strategy Index Month 5 4.13 10/2012 Stock Index Trader Index Month 4 4.13 10/2012 Option Strategy Index Month 6 5.62 8/2012 Stock Index Trader Index Month 5 5.62 8/2012 Option Strategy Index Month 2 4.37 6/2012 Stock Index Trader Index Month 8 4.37 6/2012 Stock Index Trader Index Month 2 6.15 5/2012 Option Strategy Index Month 2 6.15 5/2012 Discretionary Trader Index Month 6 6.15 5/2012 Stock Index Trader Index Month 9 3.14 4/2012 Option Strategy Index Month 10 3.14 4/2012 Stock Index Trader Index Month 8 3.49 3/2012 Option Strategy Index Month 5 3.49 3/2012 Stock Index Trader Index Month 4 4.77 2/2012 Option Strategy Index Month 3 4.77 2/2012 Discretionary Trader Index Month 8 4.77 2/2012 Option Strategy Index Month 2 9.49 1/2012 Stock Index Trader Index Month 1 9.49 1/2012 Discretionary Trader Index Month 5 9.49 1/2012 Stock Index Trader Index Month 1 12.50 12/2011 Discretionary Trader Index Month 1 12.50 12/2011 Option Strategy Index Month 1 12.50 12/2011 IASG CTA Index Month 2 12.50 12/2011 IASG CTA Index Month 2 20.74 11/2011 Discretionary Trader Index Month 2 20.74 11/2011 Option Strategy Index Month 1 20.74 11/2011 Stock Index Trader Index Month 1 20.74 11/2011 Stock Index Trader Index Month 3 8.94 10/2011 Option Strategy Index Month 3 8.94 10/2011 Discretionary Trader Index Month 6 8.94 10/2011 Past performance is not necessarily indicative of future results. The risk of loss in trading commodity futures, options, and foreign exchange ("forex") is substantial. x {{title}} x {{title}} Add Cancel