QERI LLC : QERI LLC Fundamental Commodity Strategy Need help with terms? Snapshot Strategy Charts Statistics & Ratios Performance Tables Badges Show All Year-to-Date N / A Sep Performance 0.02% Min Investment $ 2,000k Mgmt. Fee 2.00% Perf. Fee 20.00% Annualized Vol 8.92% Sharpe (RFR=1%) 0.80 CAROR 8.04% Assets $ 972k Worst DD -7.66 S&P Correlation -0.02 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 Since7/2012 QERI LLC Fundamental Commodity Strategy 0.02 - - - - - - 28.58 S&P 500 -2.64 - - - - - - 166.54 +/- S&P 500 2.66 - - - - - - -137.96 Strategy Description SummaryQERI LLC (“QERI”) is an asset management firm founded by Todd Gross and Joanne Spears, commodity industry professionals each with 20+ years experience in the Energy sector. Omer Ahmed joined QERI in January 2014 to focus on firm strategy and business development. The team’s complementary... Read More Account & Fees Type Managed Account Minimum Investment $ 2,000k Trading Level Incremental Increase $ 250k CTA Max Funding Factor 4.00 Management Fee 2.00% Performance Fee 20.00% Average Commission $1.50 Available to US Investors Yes Subscriptions High Water Mark Yes Subscription Frequency Daily Redemption Frequency 1-7 Days Investor Requirements QEP Lock-up Period 0 Trading Trading Frequency 5000 RT/YR/$M Avg. Margin-to-Equity 4% Targeted Worst DD -5.00% Worst Peak-to-Trough 3.70% Sector Focus Energy Traders Holding Periods Over 12 Months 0% 4-12 Months 0% 1-3 Months 5.00% 1-30 Days 85.00% Intraday 10.00% Decision-Making Discretionary 50.00% Systematic 50.00% Strategy Fundamental 25.00% Pattern Recognition 15.00% Seasonal/cyclical 25.00% Technical 10.00% Other 25.00% Composition Energy 100.00% SummaryQERI LLC (“QERI”) is an asset management firm founded by Todd Gross and Joanne Spears, commodity industry professionals each with 20+ years experience in the Energy sector. Omer Ahmed joined QERI in January 2014 to focus on firm strategy and business development. The team’s complementary backgrounds are comprised of trading, research, asset management, asset allocation, risk/hedge consulting, and brokerage. The firm invests client capital in fundamental strategies based on the supply/demand balances of Energy markets. These investments are expressed in financially traded, liquid and transparent contracts listed on major U.S. and European exchanges.Investment StrategyStrategy Description: Hybrid Systematic/Discretionary. QERI’s Fundamental Commodity Strategy actively manages investments in Energy markets. QERI’s model deconstructs and re-assembles all key strategy contributors systematically. This comprehensive approach leverages the team’s trading talent and illuminates mitigating factors such as specific bottom up as well as common global macro issues. QERI’s approach is tailored to monetize unique and uncorrelated opportunities that can enhance an investor’s commodity exposure as a standalone strategy or as a complement to the investor’s existing allocations to passive long only indices and long trend following techniques. The investment portfolio is comprised of highly liquid futures and options traded and cleared on major U.S. and European exchanges. Products traded: WTI and Brent Crude Oil, Rbob Gasoline, Heating Oil, Gasoil, Natural Gas. Average holding period: 2-14 days.Risk ManagementHaving a model identifying a consistent flow of investment ideas enables the investment team to apportion risk “democratically” to strategies in the portfolio, avoiding risk concentration in any single strategy (average 1% of AUM per strategy) as opposed to a traditional fundamental strategy which risks capital in a few major themes per year. We look to capitalize on investment themes within a medium term time frame, i.e. 2-14 days, as opposed to a traditional fundamental strategy which may hold a position 3-6 months, weathering significant drawdowns, before the thesis is or is not verified in market price. Our implementation of quantitative analytics lends skillful timing and valuation of entry/exit. We can better identify when an investment is fulfilling its potential or not performing up to expectations, which leads to more precise methods of profit taking and stop losses. 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 -7.66 17 - 3/1/2014 8/1/2015 -3.69 2 1 11/1/2012 1/1/2013 -1.33 1 1 8/1/2012 9/1/2012 -0.72 1 1 2/1/2013 3/1/2013 -0.11 1 1 9/1/2013 10/1/2013 Show More Consecutive Gains Run-up Length (Mos.) Start End 16.43 6 4/1/2013 9/1/2013 8.86 2 10/1/2012 11/1/2012 7.45 1 8/1/2012 8/1/2012 5.30 1 2/1/2013 2/1/2013 3.01 5 11/1/2013 3/1/2014 2.27 2 10/1/2014 11/1/2014 1.57 3 1/1/2015 3/1/2015 0.35 1 6/1/2014 6/1/2014 0.13 1 7/1/2015 7/1/2015 0.02 1 9/1/2015 9/1/2015 Show More Consecutive Losses Run-up Length (Mos.) Start End -3.91 3 4/1/2015 6/1/2015 -3.69 2 12/1/2012 1/1/2013 -2.30 1 12/1/2014 12/1/2014 -2.23 2 4/1/2014 5/1/2014 -2.19 3 7/1/2014 9/1/2014 -1.46 1 8/1/2015 8/1/2015 -1.33 1 9/1/2012 9/1/2012 -0.72 1 3/1/2013 3/1/2013 -0.11 1 10/1/2013 10/1/2013 Show More Time Windows Analysis 1 Month3 Month6 Month12 Month18 Month2 Year Number of Periods39.0037.0034.0028.0022.0016.00 Percent Profitable58.9756.7664.7157.1472.7375.00 Average Period Return0.682.003.818.1510.8714.54 Average Gain1.934.837.4716.3916.7220.36 Average Loss-1.20-1.72-2.91-2.83-4.75-2.94 Best Period8.6513.7919.6032.9538.4236.60 Worst Period-3.46-3.91-5.17-4.62-7.64-4.97 Standard Deviation2.574.606.9912.6314.6313.51 Gain Standard Deviation2.624.236.0010.8312.769.97 Loss Standard Deviation0.890.931.421.202.662.39 Sharpe Ratio (1%)0.230.380.470.570.640.93 Average Gain / Average Loss1.612.812.575.793.526.94 Profit / Loss Ratio2.473.684.717.739.3820.81 Downside Deviation (10%)1.142.053.365.327.156.97 Downside Deviation (5%)0.961.432.182.623.532.68 Downside Deviation (0%)0.911.281.912.002.791.80 Sortino Ratio (10%)0.240.380.400.590.460.62 Sortino Ratio (5%)0.621.231.522.732.654.67 Sortino Ratio (0%)0.741.562.004.083.908.09 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