Morris Capital Australia : JL Macro Need help with terms? Snapshot Strategy Charts Statistics & Ratios Performance Tables Badges Show All Year-to-Date 36.76% May Performance 0.35% Min Investment $ 50k Mgmt. Fee 2.00% Perf. Fee 25.00% Annualized Vol Sharpe (RFR=1%) CAROR Assets $ 840k Worst DD -11.59 S&P Correlation -0.31 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 Since3/2018 JL Macro 0.35 - 36.76 36.76 - - - 54.77 S&P 500 4.53 - -5.77 10.62 - - - 42.22 +/- S&P 500 -4.18 - 42.53 26.14 - - - 12.55 Strategy Description SummaryJim Langlands Jim began his trading career in the commodities markets in London in 1976, before moving to Australia in 1979 to work as a floor trader on the Sydney Futures Exchange. He did this for 2 years before moving into Foreign Exchange, and has since worked in senior trading... Read More Account & Fees Type Managed Account Minimum Investment $ 50k Trading Level Incremental Increase $ 50k CTA Max Funding Factor 3.00 Management Fee 2.00% Performance Fee 25.00% Average Commission $10.00 Available to US Investors No Subscriptions High Water Mark Yes Subscription Frequency Daily Redemption Frequency Daily Investor Requirements QEP Lock-up Period 0 Trading Trading Frequency 1500 RT/YR/$M Avg. Margin-to-Equity 4% Targeted Worst DD -20.00% Worst Peak-to-Trough 11.59% Sector Focus Currency Traders Holding Periods Over 12 Months 0% 4-12 Months 0% 1-3 Months 40.00% 1-30 Days 60.00% Intraday 0% Decision-Making Discretionary 100.00% Systematic 0% Strategy Fundamental 50.00% Technical 50.00% Composition Currency FX 80.00% Stock Indices 20.00% SummaryJim Langlands Jim began his trading career in the commodities markets in London in 1976, before moving to Australia in 1979 to work as a floor trader on the Sydney Futures Exchange. He did this for 2 years before moving into Foreign Exchange, and has since worked in senior trading and management positions in various international financial centres. Aside from FX, Jim also has a wide knowledge of all the other asset classes traded in Financial Markets including Equities, Bonds and Commodities, as well as all the trading tools, including derivatives such as options, futures and CFDs.Investment StrategyMorris JL Macro is mainly based on a discretionary perspective, utilising a combination of fundamental and technical analysis when deciding to place a position on a specific product. He keeps himself updated on the latest political developments that are likely to affect a particular market price and keeps a close eye on the economic calendar of the day. Most of his trade centres on the US$/majors, but he also uses the FX crosses as well as various commodities, as/when he feels there is an opportunity to do so.Risk ManagementAn investor could in theory lose 20% of his portfolio, at which point all trades would be stopped out. In practice, the low level of gearing should work against this becoming an issue unless there is a black-swan event that adversely affects the portfolio. Key risks measured are: - position concentration - directional exposure 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 -11.59 1 1 11/1/2019 12/1/2019 -9.13 3 3 10/1/2018 1/1/2019 -5.79 1 1 5/1/2019 6/1/2019 -1.65 1 1 1/1/0001 3/1/2018 -1.36 1 1 9/1/2019 10/1/2019 -0.77 1 1 8/1/2018 9/1/2018 -0.48 1 2 4/1/2018 5/1/2018 Show More Consecutive Gains Run-up Length (Mos.) Start End 36.76 5 1/1/2020 5/1/2020 18.40 3 7/1/2019 9/1/2019 16.07 4 2/1/2019 5/1/2019 7.09 3 6/1/2018 8/1/2018 2.51 1 11/1/2019 11/1/2019 2.06 1 4/1/2018 4/1/2018 1.36 1 10/1/2018 10/1/2018 Show More Consecutive Losses Run-up Length (Mos.) Start End -11.59 1 12/1/2019 12/1/2019 -9.13 3 11/1/2018 1/1/2019 -5.79 1 6/1/2019 6/1/2019 -1.65 1 3/1/2018 3/1/2018 -1.36 1 10/1/2019 10/1/2019 -0.77 1 9/1/2018 9/1/2018 -0.48 1 5/1/2018 5/1/2018 Show More Time Windows Analysis 1 Month3 Month6 Month12 Month18 Month Number of Periods27.0025.0022.0016.0010.00 Percent Profitable66.6776.0090.91100.00100.00 Average Period Return1.785.7510.0221.2331.99 Average Gain4.399.0611.2221.2331.99 Average Loss-3.44-4.74-1.93 Best Period15.3835.0023.6342.4451.45 Worst Period-11.59-10.60-3.276.3512.81 Standard Deviation5.669.368.1912.6411.42 Gain Standard Deviation4.567.957.5712.6411.42 Loss Standard Deviation3.714.371.90 Sharpe Ratio (1%)0.300.591.161.602.67 Average Gain / Average Loss1.281.915.81 Profit / Loss Ratio2.556.0558.10 Downside Deviation (10%)3.003.521.45 Downside Deviation (5%)2.873.130.84 Downside Deviation (0%)2.833.040.71 Sortino Ratio (10%)0.461.285.23 Sortino Ratio (5%)0.591.7611.38 Sortino Ratio (0%)0.631.8914.13 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. x {{title}} x {{title}} Add Cancel