Pan Capital Management : Pan Capital Energy Strategy (Nat Gas) Need help with terms? Snapshot Strategy Charts Statistics & Ratios Performance Tables Badges Show All Year-to-Date 27.54% Sep Performance -1.93% Min Investment $ 20,000k Mgmt. Fee 2.00% Perf. Fee 20.00% Annualized Vol 17.13% Sharpe (RFR=1%) 1.36 CAROR 25.38% Assets $ 330.0M Worst DD -18.59 S&P Correlation 0.06 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 Sep Qtr YTD 1yr 3yr 5yr 10yr Since7/2011 Pan Capital Energy Strategy (Nat Gas) -1.93 21.28 27.54 42.61 113.83 127.11 - 710.21 S&P 500 -3.92 8.47 4.09 12.98 32.33 73.37 - 157.55 +/- S&P 500 1.99 12.81 23.45 29.63 81.50 53.74 - 552.65 Strategy Description Investment StrategyPAN CAPITAL MANAGEMENT's manager seeks to generate absolute returns by trading financial instruments associated with the US Natural Gas market. The Manager's target is to produce net 25% uncorrelated annualized returns while minimizing risk of loss. Proprietary fundamental... Read More Account & Fees Type Managed Account Minimum Investment $ 20,000k Trading Level Incremental Increase $ 0k CTA Max Funding Factor Management Fee 2.00% Performance Fee 20.00% Average Commission Available to US Investors Yes Subscriptions High Water Mark Yes Subscription Frequency Daily Redemption Frequency Daily Investor Requirements QEP Lock-up Period 0 Trading Trading Frequency 1000 RT/YR/$M Avg. Margin-to-Equity 6% Targeted Worst DD Worst Peak-to-Trough Sector Focus Energy 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 Composition Energy 100.00% Investment StrategyPAN CAPITAL MANAGEMENT's manager seeks to generate absolute returns by trading financial instruments associated with the US Natural Gas market. The Manager's target is to produce net 25% uncorrelated annualized returns while minimizing risk of loss. Proprietary fundamental research and analytical models to identify short to intermediate term mispricing and trading opportunities in the US natural gas market. The Manager expresses its view via outright price and calendar spreads and applies directional, relative value and option strategies. The fund trades the liquid exchange cleared instruments such as futures and options on futures. Most risk will be isolated in the first 12 months of the curve and positions will be constantly reviewed and rebalanced. The Manager monitors real time key pricing drivers and adjusts the risk based on its risk reward expectation. 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 -18.59 3 9 4/1/2013 7/1/2013 -10.45 15 5 1/1/2015 4/1/2016 -8.17 12 3 10/1/2016 10/1/2017 -7.86 3 2 4/1/2018 7/1/2018 -7.19 2 1 12/1/2019 2/1/2020 -6.47 4 2 4/1/2019 8/1/2019 -6.04 2 2 4/1/2020 6/1/2020 -5.85 3 2 5/1/2014 8/1/2014 -4.19 2 1 2/1/2012 4/1/2012 -1.93 1 - 8/1/2020 9/1/2020 -0.87 1 1 2/1/2019 3/1/2019 Show More Consecutive Gains Run-up Length (Mos.) Start End 141.85 12 5/1/2012 4/1/2013 54.79 7 8/1/2018 2/1/2019 37.94 8 7/1/2011 2/1/2012 23.67 2 7/1/2020 8/1/2020 20.60 2 3/1/2020 4/1/2020 19.56 5 9/1/2014 1/1/2015 18.70 4 9/1/2019 12/1/2019 15.28 4 7/1/2016 10/1/2016 12.12 2 1/1/2014 2/1/2014 9.61 4 8/1/2013 11/1/2013 8.46 1 11/1/2017 11/1/2017 7.18 4 1/1/2018 4/1/2018 6.60 1 8/1/2017 8/1/2017 6.04 2 3/1/2017 4/1/2017 3.87 2 4/1/2014 5/1/2014 2.66 1 5/1/2016 5/1/2016 2.28 1 4/1/2019 4/1/2019 1.35 1 3/1/2015 3/1/2015 0.94 2 12/1/2016 1/1/2017 0.34 1 11/1/2015 11/1/2015 0.20 1 7/1/2019 7/1/2019 0.14 1 1/1/2016 1/1/2016 Show More Consecutive Losses Run-up Length (Mos.) Start End -18.59 3 5/1/2013 7/1/2013 -7.86 3 5/1/2018 7/1/2018 -7.19 2 1/1/2020 2/1/2020 -6.51 2 9/1/2017 10/1/2017 -6.35 3 5/1/2017 7/1/2017 -6.32 2 5/1/2019 6/1/2019 -6.04 2 5/1/2020 6/1/2020 -5.85 3 6/1/2014 8/1/2014 -5.84 3 2/1/2016 4/1/2016 -5.83 1 2/1/2017 2/1/2017 -4.52 1 12/1/2017 12/1/2017 -4.19 2 3/1/2012 4/1/2012 -3.78 7 4/1/2015 10/1/2015 -2.39 1 11/1/2016 11/1/2016 -1.98 1 2/1/2015 2/1/2015 -1.93 1 9/1/2020 9/1/2020 -1.07 1 6/1/2016 6/1/2016 -0.98 1 12/1/2015 12/1/2015 -0.87 1 3/1/2019 3/1/2019 -0.85 1 3/1/2014 3/1/2014 -0.36 1 8/1/2019 8/1/2019 -0.12 1 12/1/2013 12/1/2013 Show More Time Windows Analysis 1 Month3 Month6 Month12 Month18 Month2 Year3 Year4 Year5 Year Number of Periods111.00109.00106.00100.0094.0088.0076.0064.0052.00 Percent Profitable61.2667.8972.6488.0094.6898.86100.00100.00100.00 Average Period Return2.026.2812.8426.2739.7949.6567.8084.47108.14 Average Gain4.7811.1019.1430.5142.2150.2367.8084.47108.14 Average Loss-2.34-3.91-3.91-4.85-3.37-0.75 Best Period17.6237.4265.64141.85188.62162.10228.46260.19254.31 Worst Period-15.77-18.59-10.86-8.80-6.22-0.751.9716.4423.80 Standard Deviation4.9510.7317.7930.6144.1948.3463.1065.3166.71 Gain Standard Deviation3.949.4816.9630.2244.1748.3163.1065.3166.71 Loss Standard Deviation2.733.962.633.052.46 Sharpe Ratio (1%)0.390.560.690.830.870.991.031.231.54 Average Gain / Average Loss2.042.844.906.2912.5366.78 Profit / Loss Ratio3.236.0113.0146.15223.035809.55 Downside Deviation (10%)2.403.663.633.673.223.294.061.080.71 Downside Deviation (5%)2.263.232.672.261.240.390.12 Downside Deviation (0%)2.223.132.451.960.930.08 Sortino Ratio (10%)0.671.382.865.799.9911.9612.8258.31113.35 Sortino Ratio (5%)0.861.874.6211.1630.88122.60520.18 Sortino Ratio (0%)0.912.015.2413.4042.86619.19 Top Performer Badges Index Award Type Rank Performance Period IASG CTA Index Month 1 17.62 8/2020 Discretionary Trader Index Month 1 17.62 8/2020 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