Producers Advisory Group, Inc. : PAG-1

archived programs
Year-to-Date
N / A
Aug Performance
7.72%
Min Investment
$ 200k
Mgmt. Fee
2.00%
Perf. Fee
20.00%
Annualized Vol
36.66%
Sharpe (RFR=1%)
1.41
CAROR
-
Assets
$ 1.7M
Worst DD
-29.28
S&P Correlation
0.03

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 Aug Qtr YTD 1yr 3yr 5yr 10yr Since
7/2008
PAG-1 7.72 - - - - - - 70.06
S&P 500 3.36 - - - - - - 155.34
+/- S&P 500 4.36 - - - - - - -85.28

Strategy Description

Summary

The Advisor currently offers one trading program, PAG-1 (“PAG-1” or the “Trading Program”) for separately managed accounts. Minimum Account Size: The minimum account size for a separately managed account is $200,000. Trading Level: PAG-1 currently trades in increments of a Nominally... Read More

Account & Fees

Type Managed Account
Minimum Investment $ 200k
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 Anytime
Redemption Frequency Anytime
Investor Requirements Any Investor
Lock-up Period 0

Trading

Trading Frequency 1699 RT/YR/$M
Avg. Margin-to-Equity 13%
Targeted Worst DD
Worst Peak-to-Trough 0%
Sector Focus Not Specified

Holding Periods

Over 12 Months 0%
4-12 Months 0%
1-3 Months 100.00%
1-30 Days
Intraday 0%

Decision-Making

Discretionary 0%
Systematic 100.00%

Strategy

Trend-following
100.00%
Strategy Pie Chart

Summary

The Advisor currently offers one trading program, PAG-1 (“PAG-1” or the “Trading Program”) for separately managed accounts. Minimum Account Size: The minimum account size for a separately managed account is $200,000. Trading Level: PAG-1 currently trades in increments of a Nominally Funded Unit equal to $200,000 (representing the current minimum account size). The Nominally Funded Unit size determines the level of trading (i.e., the number of commodity interests purchased or sold) for the account and does not refer to the level or type of funding in the account. Currently, PAG-1 may trade one (1) commodity interest in as many as 22 commodity markets per each Nominally Funded Unit. PAG reserves the right, at any time, to increase or decrease (a) the minimum account size, (b) the Nominally Funded Unit size, or (c) the number of commodity interests traded per commodity market in a Nominally Funded Unit. The number of Nominally Funded Units to be traded in PAG-1 will generally be determined by the initial deposit or commitment of cash or equivalents in the amount of or exceeding multiples of a Nominally Funded Unit. For example, a deposit/commitment of between $200,000 and $399,999 will result in trading a maximum of one (1) Nominally Funded Unit., and a deposit or commitment of between $400,000 and $599,999 will result in trading a maximum of two (2) Nominally Funded Units. If the Current Account Equity amount should grow to exceed an additional multiple of the Nominally Funded Unit amount, the client may be asked if he wishes to increase his unit(s) or withdraw a portion of the client’s funds. The client must specifically request in writing that his trading level be increased.

Investment Strategy

Trading Strategy: PAG's trading strategy is proprietary and confidential. The following description is intentionally general and is not intended to be detailed or comprehensive. PAG's trading strategy is strictly technical; no fundamental analysis is employed. The strategy was developed from analysis of patterns of actual price movements, and is not based on analysis of supply and demand factors, general economic factors, or world events. PAG has conducted analysis of these price patterns to determine procedures for initiating and liquidating positions in the markets of certain commodity interests. The price movements are valued using technical indicators including, but not limited to, moving averages, trend lines, channels and bands. The underlying premise of PAG’s trading approach is that commodity interests will, from time to time, enter into periods of major price changes to either a higher or lower level. These price changes are known as trends, which have been observed and recorded since the beginning of market history. There is every reason to believe that in free markets, prices will continue to trend. The trading approach used by PAG is designed to exploit these price moves. The general trading strategy is defined as “trend following”. Most, but not all, trade initiations and liquidations are in the direction of a trend. The PAG program employs a number of trading models acting independently. Each model generates its own entry and exit signals and trades the long and short side of each market. With minor differences only for long or short positions, a particular model trades each determined market with the same rules and parameters. PAG reserves the right to make adjustments in the exact entry or exit price generated by a model, or to delay entry or exit on any order, in order to attempt to reduce the impact of slippage from large block orders being executed at the same or at similar prices. The models utilize time frames which vary from intermediate to long-term to very long-term that have attractive performance characteristics in various market conditions, and complement other model performance in the program. PAG-1 currently trades 22 domestic commodity markets including, but not limited to, grains, meats, stock indexes, metals, interest rates, currencies, softs and energies. The Trading Program has the ability to follow nearly all the commodity markets, therefore PAG reserves the right to trade any and all commodity interests (futures contracts, including spreads and options on same) on domestic exchanges only. PAG will make decisions such as when to add or delete a commodity interest from its trading list due to, for example, an increase or decline in volatility, or when to cease trading a particular contract month and commence trading another. In addition to the current markets followed in the program, PAG follows several additional markets which consist of illiquid domestic markets and markets otherwise deemed unsuitable for the program. The principals of PAG also trade for their personal account(s) under the same program offered to clients. Although currently not the case, PAG or its principals may trade other models or commodity interests than those offered to clients in order to test the viability of incorporating them into programs for clients or for other reasons. Analysis and research into improved trading systems and strategies is an ongoing process. It may be determined that modifications to a trading model would improve its performance or the performance of the program as a whole. New models may be added or existing ones removed from the program. PAG may also decide to add or remove one or more commodity interests eligible for trading in the model or the program. Such changes in the trading methods, which would render this document materially inaccurate, would necessitate an amended Disclosure Document that would be distributed to all existing clients and filed with the National Futures Association (“NFA”) within twenty one (21) days of the date PAG knew of such inaccuracy. That being said, there can be no assurance that PAG’s approach to trading commodity interests will yield the same results that have been achieved in the past.

Risk Management

Risk management is given high priority. If possible within existing market conditions, PAG's trading systems perform under the constraints of its risk management system. For all programs this system estimates the amount of risk in each market, group of related markets and for the overall portfolio. A vital part of PAG's trading strategy is sound risk management. The good times, when the markets are in trending periods, will take care of themselves. PAG's trading strategy is designed to endure the imminent non-trending periods in order to profit when trends in the markets do occur. Each commodity interest is tracked on its own merits, and a stop-loss level is determined at the time a trade is entered. Stops are designed to remove losing trades quickly and attempt to limit any loss to no more than a nominal percentage of the account's net assets. The placement of contingent orders, such as stop-loss or stop-limit orders, will not necessarily limit losses to the intended amounts, since market conditions may make it impossible to execute such orders. PAG has an overriding filter to prevent initiating positions when the level of risk in the initiated position would be at an abnormally high level. If Nominal Account Value for an established account (an account whose positions, relative to its size closely approximates the positions of the oldest account(s) managed by PAG), should fall around 10% or more below peak Nominal Account Value, PAG may instate tighter risk control limits. Also, regardless of Nominal Account Value, tighter risk control limits may also be put into effect for new accounts (accounts whose positions, relative to its size do not approximate the oldest account(s) managed by PAG). PAG may, at its discretion, suspend some commodities from having positions initiated for this account until Nominal Account Value returns to an acceptable level.

   

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
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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
-29.28 3 - 12/1/2008 3/1/2009
-1.86 1 1 9/1/2008 10/1/2008
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Consecutive Gains

Run-up Length (Mos.) Start End
55.32 3 7/1/2008 9/1/2008
25.89 2 11/1/2008 12/1/2008
25.30 5 4/1/2009 8/1/2009
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Consecutive Losses

Run-up Length (Mos.) Start End
-29.28 3 1/1/2009 3/1/2009
-1.86 1 10/1/2008 10/1/2008
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Time Windows Analysis

 1 Month3 Month6 Month
Number of Periods14.0012.009.00
Percent Profitable71.4366.6744.44
Average Period Return4.3810.9111.86
Average Gain9.5723.3940.55
Average Loss-8.61-14.04-11.08
Best Period19.2655.3291.90
Worst Period-13.47-29.28-18.27
Standard Deviation10.5822.8835.51
Gain Standard Deviation6.9014.9436.88
Loss Standard Deviation5.2612.404.59
Sharpe Ratio (1%)0.410.470.32
Average Gain / Average Loss1.111.673.66
Profit / Loss Ratio2.783.332.93
Downside Deviation (10%)5.4010.7810.56
Downside Deviation (5%)5.2510.329.16
Downside Deviation (0%)5.2110.218.81
Sortino Ratio (10%)0.730.900.89
Sortino Ratio (5%)0.821.031.24
Sortino Ratio (0%)0.841.071.35

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.