Pearl Capital Advisors, LLC : Dry Powder

archived programs
Year-to-Date
0.00%
Jan Performance
0.00%
Min Investment
$ 250k
Mgmt. Fee
0%
Perf. Fee
30.00%
Annualized Vol
0.00%
Sharpe (RFR=1%)
0.00
CAROR
-
Assets
$ 9.0M
Worst DD
N/A
S&P Correlation
0.00

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 Since
10/2020
Dry Powder 0.00 0.00 0.00 - - - - 0.00
S&P 500 -1.11 13.59 -1.11 - - - - 32.02
+/- S&P 500 1.11 -13.59 1.11 - - - - -32.02

Strategy Description

Summary

The Dry Powder strategy is designed to turn extreme market volatility events into opportunities for significant market gains. Dry Powder may avoid or eliminate the “cost of carry” normally associated with tail-risk strategies. The Dry Powder Program expects to produce minimal losses... Read More

Account & Fees

Type Managed Account
Minimum Investment $ 250k
Trading Level Incremental Increase $ 0k
CTA Max Funding Factor
Management Fee 0%
Performance Fee 30.00%
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 100 RT/YR/$M
Avg. Margin-to-Equity 25%
Targeted Worst DD
Worst Peak-to-Trough
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 0%
Systematic 100.00%

Strategy

Momentum
100.00%
Strategy Pie Chart

Composition

VIX
100.00%
Composition Pie Chart

Summary

The Dry Powder strategy is designed to turn extreme market volatility events into opportunities for significant market gains. Dry Powder may avoid or eliminate the “cost of carry” normally associated with tail-risk strategies. The Dry Powder Program expects to produce minimal losses in most years with rising markets or declining volatility. Dry Powder is built to be the first core hedging component of your equity portfolio. While the conventional tail-risk strategy generally holds a perpetually net long volatility position, managers of these programs typically seek to mitigate the cost of carrying these positions. These managers will therefore sell volatility elsewhere in their portfolios. Selling volatility to help finance long volatility positions has two key effects: The managers do, in fact, reduce but do not eliminate the cost of carry, and The short volatility positions offset and reduce the potential to capture large volatility moves The end result is that, on the whole, and according to the CBOE Eurekahedge Tail-Risk Index, these strategies do not compound capital over time. In fact, they are a net cost to buyers of these strategies.

   

Past performance is not necessarily indicative of future results. The risk of loss in trading commodity futures, options, and foreign exchange ("forex") is substantial.

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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

Consecutive Gains

Run-up Length (Mos.) Start End
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Consecutive Losses

Run-up Length (Mos.) Start End
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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.