Pier Trading Company : Altum Diversified Program

archived programs
Year-to-Date
6.71%
Jun Performance
-1.89%
Min Investment
$ 150k
Mgmt. Fee
1.50%
Perf. Fee
20.00%
Annualized Vol
15.46%
Sharpe (RFR=1%)
-0.89
CAROR
-
Assets
$ 163k
Worst DD
-7.09
S&P Correlation
0.09

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 Jun Qtr YTD 1yr 3yr 5yr 10yr Since
1/2019
Altum Diversified Program -1.89 -5.50 -6.71 - - - - -6.71
S&P 500 6.89 3.78 17.34 - - - - 10.21
+/- S&P 500 -8.78 -9.28 -24.05 - - - - -16.92

Strategy Description

Summary

Pier Trading Company is an investment firm that operates proprietary trading systems that exploit trends throughout its portfolios. Pier believes that non-discretionary, systematic trading provides investors with the best risk-adjusted returns. Pier Trading is registered with the NFA... Read More

Account & Fees

Type
Managed Account
Minimum Investment
$ 150k
Trading Level Incremental Increase
$ 0k
CTA Max Funding Factor
Management Fee
1.50%
Performance Fee
20.00%
Average Commission
$5.00
Available to US Investors
Yes

Subscriptions

High Water Mark
No
Subscription Frequency
15-30 Days
Redemption Frequency
15-30 Days
Investor Requirements
Accredited Investors
Lock-up Period
0

Trading

Trading Frequency
500 RT/YR/$M
Avg. Margin-to-Equity
25%
Targeted Worst DD
Worst Peak-to-Trough
Sector Focus
Diversified Traders

Holding Periods

Over 12 Months
0%
4-12 Months
40.00%
1-3 Months
60.00%
1-30 Days
0%
Intraday
0%

Decision-Making

Discretionary
0%
Systematic
100.00%

Strategy

Trend-following
100.00%
Strategy Pie Chart

Composition

Currency Futures
28.00%
Stock Indices
21.00%
Grains
17.00%
Interest Rates
13.00%
Softs
13.00%
Precious Metals
8.00%
Composition Pie Chart

Summary

Pier Trading Company is an investment firm that operates proprietary trading systems that exploit trends throughout its portfolios. Pier believes that non-discretionary, systematic trading provides investors with the best risk-adjusted returns. Pier Trading is registered with the NFA and the CFTC as a Commodity Trading Advisors. The firm has been managing outside capital since 2018. The Altum trading program operated by Pier Trading Company is a medium to long term trend following system that trades both long and short.

Investment Strategy

The Altum Diversified Program by Pier Trading Company is a medium to long term trend following system trading currencies, stock indexes, interest rates, metals, agricultural products, and softs. The Altum trading program combines multiple trend following systems to harness the strongest long and short moves within the prevailing trend. Pier’s managers use a completely systematic approach to trading according to the proprietary models of the firm.

Risk Management

The Altum trading program uses a small percentage of capital for each individual trade to be able to manage risk and limit drawdowns.

   

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

Reward
Average RoR:
Max Gain:
Gain Frequency:
Average Gain:
Gain Deviation:
Risk
Standard Deviation:
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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:
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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

Depth Length (Mos.) Recovery (Mos.) Peak Valley
-7.09 -1 - 1/1/0001 3/1/2019
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Consecutive Gains

Run-up Length (Mos.) Start End
6.26 1 4/1/2019 4/1/2019
2.26 1 2/1/2019 2/1/2019
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Consecutive Losses

Run-up Length (Mos.) Start End
-5.50 2 5/1/2019 6/1/2019
-5.47 1 1/1/2019 1/1/2019
-3.89 1 3/1/2019 3/1/2019
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Time Windows Analysis

 1 Month3 Month
Number of Periods6.004.00
Percent Profitable33.3350.00
Average Period Return-1.07-0.97
Average Gain4.262.42
Average Loss-3.73-4.36
Best Period6.264.43
Worst Period-5.47-7.09
Standard Deviation4.464.80
Gain Standard Deviation2.832.84
Loss Standard Deviation1.473.86
Sharpe Ratio (1%)-0.26-0.25
Average Gain / Average Loss1.140.56
Profit / Loss Ratio0.570.56
Downside Deviation (10%)3.544.42
Downside Deviation (5%)3.283.79
Downside Deviation (0%)3.223.64
Sortino Ratio (10%)-0.42-0.50
Sortino Ratio (5%)-0.35-0.32
Sortino Ratio (0%)-0.33-0.27

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.