LJM Partners : LJM Aggressive Strategy Need help with terms? Snapshot Strategy Charts Statistics & Ratios Performance Tables Badges Show All Year-to-Date N / A Jan Performance -7.79% Min Investment $ 500k Mgmt. Fee 2.00% Perf. Fee 20.00% Annualized Vol 30.33% Sharpe (RFR=1%) 0.70 CAROR 17.79% Assets $ 52.0M Worst DD -63.83 S&P Correlation 0.28 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 Jan Qtr YTD 1yr 3yr 5yr 10yr Since7/1998 LJM Aggressive Strategy -7.79 - - - - 20.49 98.13 2,368.12 S&P 500 5.62 - - - - 86.59 102.74 283.31 +/- S&P 500 -13.41 - - - - -66.10 -4.61 2,084.80 Strategy Description SummaryLJM aims to provide opportunities for individual clients and institutions to improve risk adjusted portfolio returns through exposure to well-managed alternative strategies. Short Volatility strategies with an emphasis on proper risk management provide an opportunity to earn positive,... Read More Account & Fees Type Managed Account Minimum Investment $ 500k Trading Level Incremental Increase $ 0k CTA Max Funding Factor Management Fee 2.00% Performance Fee 20.00% Average Commission $0 Available to US Investors Yes Subscriptions High Water Mark Yes Subscription Frequency 15-30 Days Redemption Frequency 15-30 Days Investor Requirements QEP Lock-up Period 0 Trading Trading Frequency 2000 RT/YR/$M Avg. Margin-to-Equity 50% Targeted Worst DD Worst Peak-to-Trough 0% 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% Composition Stock Indices 100.00% SummaryLJM aims to provide opportunities for individual clients and institutions to improve risk adjusted portfolio returns through exposure to well-managed alternative strategies. Short Volatility strategies with an emphasis on proper risk management provide an opportunity to earn positive, uncorrelated returns over the long term. LJM aims to deliver an uncorrelated, highly liquid alternative investment solution for each client's desired risk/reward profile. LJM also believes in the importance of co-investment and to fully investing our own capital alongside our clients. Investment StrategyThe LJM Aggressive Strategy manages a dynamic portfolio of long and short S&P index equity options to garner returns through the inefficiencies of options pricing and time decay. The portfolio is non-direction in that LJM does not try to predict market direction. The strategy targets absolute rates of return that are generally uncorrelated with the broader equity markets. This product is suited for investors who understand and accept the risks and potential volatility associated with aggressive returns.Risk ManagementLJM’s Founder and Chairman is Anthony J. Caine. Mr. Caine spent the first 16 years of his professional career in the computer and software industries, including employment at Hewlett-Packard, Apple Computer and Trilogy Development Company. In 1990 Mr. Caine founded Spyglass, Inc. where he served as Spyglass’ first President and CEO. In 1995 Spyglass, Inc. was IPO’d and traded from June 1995 through March 2000 on the NASDAQ Stock Exchange. Since retiring from the software industry in November 1995, Mr. Caine has traded options and managed options accounts on a full-time basis. Mr. Caine received degrees in Economics and Mathematics from Carnegie-Mellon University in 1979. LJM's President is J. Scott Sykora. Together with Mr. Caine, Mr. Sykora sets strategy for the firm and is responsible for executing the firm’s business plan. Mr. Sykora runs all operations including organizational development, financial reporting, regulatory compliance, marketing/advertising and sales. Mr. Sykora brings 20+ years of leadership experience from companies including Deloitte Consulting and Hewlett-Packard. Mr. Sykora has a bachelor's degree in Engineering Physics from Miami University of Ohio and an MBA from the University of Chicago. 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 -63.83 2 46 8/1/2008 10/1/2008 -46.54 2 11 5/1/2002 7/1/2002 -40.84 2 13 2/1/2000 4/1/2000 -38.11 2 6 1/1/0001 8/1/1998 -24.25 1 4 8/1/2001 9/1/2001 -19.61 1 7 9/1/2014 10/1/2014 -18.14 1 4 9/1/1999 10/1/1999 -15.69 3 10 2/1/2013 5/1/2013 -15.48 6 3 1/1/2007 7/1/2007 -14.14 1 5 7/1/2015 8/1/2015 -12.39 1 1 12/1/2007 1/1/2008 -7.79 1 - 12/1/2017 1/1/2018 -2.48 1 1 11/1/2003 12/1/2003 -2.20 1 2 5/1/2016 6/1/2016 -1.93 1 1 6/1/2014 7/1/2014 -1.90 2 1 9/1/2004 11/1/2004 -1.86 1 1 4/1/2006 5/1/2006 -1.47 1 1 1/1/2017 2/1/2017 -0.72 1 1 8/1/2012 9/1/2012 -0.58 1 1 10/1/2005 11/1/2005 -0.13 1 1 10/1/2017 11/1/2017 -0.09 1 1 11/1/2016 12/1/2016 Show More Consecutive Gains Run-up Length (Mos.) Start End 143.98 16 8/1/2002 11/1/2003 71.18 10 9/1/2011 6/1/2012 69.85 9 1/1/1999 9/1/1999 59.66 8 10/1/2001 5/1/2002 56.11 7 2/1/2008 8/1/2008 51.43 9 1/1/2004 9/1/2004 46.89 2 9/1/1998 10/1/1998 39.71 11 12/1/2004 10/1/2005 36.64 6 5/1/2000 10/1/2000 36.53 5 8/1/2007 12/1/2007 33.88 9 10/1/2010 6/1/2011 28.89 7 1/1/2015 7/1/2015 28.86 4 11/1/1999 2/1/2000 27.98 8 6/1/2006 1/1/2007 27.36 5 11/1/2009 3/1/2010 23.98 2 12/1/2000 1/1/2001 22.89 3 4/1/2009 6/1/2009 22.09 5 12/1/2005 4/1/2006 20.87 3 6/1/2010 8/1/2010 18.22 5 4/1/2001 8/1/2001 17.21 7 11/1/2015 5/1/2016 14.83 8 3/1/2017 10/1/2017 13.70 5 7/1/2016 11/1/2016 11.94 4 3/1/2014 6/1/2014 11.64 1 9/1/2015 9/1/2015 11.19 3 6/1/2013 8/1/2013 11.11 4 11/1/2008 2/1/2009 10.27 2 8/1/2009 9/1/2009 8.91 3 11/1/2013 1/1/2014 8.72 2 8/1/2014 9/1/2014 8.67 5 10/1/2012 2/1/2013 6.90 1 8/1/2012 8/1/2012 4.77 1 6/1/2007 6/1/2007 4.53 1 11/1/2014 11/1/2014 2.85 1 1/1/2017 1/1/2017 1.21 1 12/1/2017 12/1/2017 0.07 1 3/1/2007 3/1/2007 Show More Consecutive Losses Run-up Length (Mos.) Start End -63.83 2 9/1/2008 10/1/2008 -46.54 2 6/1/2002 7/1/2002 -40.84 2 3/1/2000 4/1/2000 -39.67 2 7/1/2011 8/1/2011 -38.11 2 7/1/1998 8/1/1998 -24.25 1 9/1/2001 9/1/2001 -19.61 1 10/1/2014 10/1/2014 -18.14 1 10/1/1999 10/1/1999 -15.69 3 3/1/2013 5/1/2013 -14.14 1 8/1/2015 8/1/2015 -12.39 1 1/1/2008 1/1/2008 -12.15 2 4/1/2007 5/1/2007 -7.79 1 1/1/2018 1/1/2018 -7.31 2 4/1/2010 5/1/2010 -6.72 1 7/1/2009 7/1/2009 -5.42 1 7/1/2007 7/1/2007 -4.64 2 9/1/2013 10/1/2013 -4.64 1 11/1/2000 11/1/2000 -3.09 1 3/1/2009 3/1/2009 -2.98 1 2/1/2007 2/1/2007 -2.63 2 2/1/2001 3/1/2001 -2.48 1 12/1/2003 12/1/2003 -2.20 1 6/1/2016 6/1/2016 -1.93 1 7/1/2014 7/1/2014 -1.90 2 10/1/2004 11/1/2004 -1.86 1 5/1/2006 5/1/2006 -1.47 1 2/1/2017 2/1/2017 -1.36 1 2/1/2014 2/1/2014 -1.20 1 10/1/2015 10/1/2015 -1.18 2 11/1/1998 12/1/1998 -0.94 1 7/1/2012 7/1/2012 -0.72 1 9/1/2012 9/1/2012 -0.58 1 11/1/2005 11/1/2005 -0.52 1 10/1/2009 10/1/2009 -0.50 1 12/1/2014 12/1/2014 -0.50 1 9/1/2010 9/1/2010 -0.13 1 11/1/2017 11/1/2017 -0.09 1 12/1/2016 12/1/2016 Show More Top Performer Badges Index Award Type Rank Performance Period IASG CTA Index Month 1 11.64 9/2015 Discretionary Trader Index Month 1 11.64 9/2015 Stock Index Trader Index Month 1 11.64 9/2015 Option Strategy Index Month 1 11.64 9/2015 Option Strategy Index Month 3 5.14 7/2015 Stock Index Trader Index Month 5 5.14 7/2015 Discretionary Trader Index Month 10 5.14 7/2015 Option Strategy Index Month 10 1.47 6/2015 Discretionary Trader Index Month 7 3.60 5/2015 Stock Index Trader Index Month 4 3.60 5/2015 Option Strategy Index Month 2 3.60 5/2015 Option Strategy Index Month 4 2.67 4/2015 Stock Index Trader Index Month 6 2.67 4/2015 Discretionary Trader Index Month 10 2.67 4/2015 Discretionary Trader Index Month 8 4.41 3/2015 Option Strategy Index Month 3 4.41 3/2015 Stock Index Trader Index Month 3 4.41 3/2015 Discretionary Trader Index Month 4 6.36 2/2015 Option Strategy Index Month 2 6.36 2/2015 Stock Index Trader Index Month 6 6.36 2/2015 Option Strategy Index Month 6 2.52 1/2015 Stock Index Trader Index Month 8 2.52 1/2015 Stock Index Trader Index Month 5 4.53 11/2014 Option Strategy Index Month 4 4.53 11/2014 Discretionary Trader Index Month 5 4.53 11/2014 Stock Index Trader Index Month 5 4.09 9/2014 Option Strategy Index Month 2 4.09 9/2014 Option Strategy Index Month 7 4.50 8/2014 Stock Index Trader Index Month 10 4.50 8/2014 Stock Index Trader Index Month 8 2.45 6/2014 Option Strategy Index Month 7 2.45 6/2014 Stock Index Trader Index Month 8 2.05 5/2014 Option Strategy Index Month 9 2.05 5/2014 IASG CTA Index Month 9 5.36 3/2014 Option Strategy Index Month 3 5.36 3/2014 Stock Index Trader Index Month 3 5.36 3/2014 Discretionary Trader Index Month 4 5.36 3/2014 Option Strategy Index Month 4 3.71 1/2014 Stock Index Trader Index Month 5 3.71 1/2014 Discretionary Trader Index Month 7 3.71 1/2014 Discretionary Trader Index Month 8 3.89 12/2013 Option Strategy Index Month 5 3.89 12/2013 Stock Index Trader Index Month 6 3.89 12/2013 Option Strategy Index Month 5 3.14 8/2013 Stock Index Trader Index Month 7 3.14 8/2013 Discretionary Trader Index Month 10 3.14 8/2013 Option Strategy Index Month 7 2.22 7/2013 Discretionary Trader Index Month 6 5.46 6/2013 Stock Index Trader Index Month 4 5.46 6/2013 Option Strategy Index Month 2 5.46 6/2013 Option Strategy Index Month 8 1.56 2/2013 Option Strategy Index Month 7 1.84 12/2012 IASG CTA Index Annual 9 45.75 2012 Stock Index Trader Index Month 6 1.84 12/2012 Stock Index Trader Index Month 3 4.62 10/2012 Option Strategy Index Month 3 4.62 10/2012 Discretionary Trader Index Month 8 4.62 10/2012 Discretionary Trader Index Month 9 6.90 8/2012 Option Strategy Index Month 3 6.90 8/2012 Stock Index Trader Index Month 2 6.90 8/2012 Option Strategy Index Month 1 6.96 5/2012 Stock Index Trader Index Month 1 6.96 5/2012 Discretionary Trader Index Month 5 6.96 5/2012 Discretionary Trader Index Month 6 7.73 4/2012 Stock Index Trader Index Month 2 7.73 4/2012 Option Strategy Index Month 3 7.73 4/2012 IASG CTA Index Month 9 7.73 4/2012 Option Strategy Index Month 9 3.10 2/2012 Stock Index Trader Index Month 10 3.10 2/2012 Stock Index Trader Index Month 3 5.56 1/2012 Option Strategy Index Month 4 5.56 1/2012 IASG CTA Index Month 6 8.72 12/2011 Option Strategy Index Month 2 8.72 12/2011 Stock Index Trader Index Month 2 8.72 12/2011 Discretionary Trader Index Month 2 8.72 12/2011 Option Strategy Index Month 2 9.72 11/2011 Stock Index Trader Index Month 3 9.72 11/2011 Discretionary Trader Index Month 4 9.72 11/2011 Option Strategy Index Month 8 3.48 10/2011 Discretionary Trader Index Month 9 6.95 9/2011 Option Strategy Index Month 5 6.95 9/2011 Stock Index Trader Index Month 6 6.95 9/2011 Stock Index Trader Index Month 8 1.66 6/2011 IASG CTA Index Month 10 6.71 5/2011 Discretionary Trader Index Month 5 6.71 5/2011 Stock Index Trader Index Month 4 6.71 5/2011 Option Strategy Index Month 2 6.71 5/2011 Option Strategy Index Month 3 4.33 3/2011 Stock Index Trader Index Month 5 4.33 3/2011 Option Strategy Index Month 4 3.94 1/2011 Stock Index Trader Index Month 5 3.94 1/2011 Option Strategy Index Month 4 3.39 12/2010 Stock Index Trader Index Month 7 3.39 12/2010 Stock Index Trader Index Month 5 2.89 11/2010 Discretionary Trader Index Month 5 2.89 11/2010 Option Strategy Index Month 2 2.89 11/2010 Option Strategy Index Month 2 5.62 10/2010 Stock Index Trader Index Month 4 5.62 10/2010 Discretionary Trader Index Month 6 8.19 8/2010 Stock Index Trader Index Month 3 8.19 8/2010 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