Red Oak Commodity Advisors : Investment Program Need help with terms? Snapshot Strategy Charts Statistics & Ratios Performance Tables Badges Show All Year-to-Date N / A Jan Performance 9.80% Min Investment $ 5,000k Mgmt. Fee 2.00% Perf. Fee 20.00% Annualized Vol 25.76% Sharpe (RFR=1%) 0.46 CAROR 9.94% Assets $ 9.3M Worst DD -56.23 S&P Correlation 0.26 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 Jan Qtr YTD 1yr 3yr 5yr 10yr Since12/1989 Investment Program 9.80 - - - -37.15 -34.89 -35.11 1,803.29 S&P 500 -0.16 - - - 40.10 60.04 197.26 1,001.97 +/- S&P 500 9.96 - - - -77.25 -94.93 -232.37 801.32 Strategy Description SummaryRed Oak's fundamental research disciplines attempt to step beyond the near term noise of leveraged volatile markets. The firm's research focus is on significant and somewhat longer-term market forces. Red Oak believes that the fundamental forces driving major price changes can be isolated... Read More Account & Fees Type Managed Account Minimum Investment $ 5,000k Trading Level Incremental Increase $ 0k CTA Max Funding Factor Management Fee 2.00% Performance Fee 20.00% Average Commission $0 Available to US Investors Yes Subscriptions High Water Mark No Subscription Frequency 1-7 Days Redemption Frequency 1-7 Days Investor Requirements QEP Lock-up Period 0 Trading Trading Frequency 500 RT/YR/$M Avg. Margin-to-Equity 11% Targeted Worst DD Worst Peak-to-Trough 0% Sector Focus Diversified Traders Holding Periods Over 12 Months 5.00% 4-12 Months 45.00% 1-3 Months 45.00% 1-30 Days 5.00% Intraday 0% Decision-Making Discretionary 100.00% Systematic 0% Strategy Fundamental 100.00% Composition Industrial Metals 15.00% Precious Metals 15.00% Energy 15.00% Grains 15.00% Softs 10.00% Currency Futures 9.00% Interest Rates 8.00% Stock Indices 8.00% Livestock 5.00% SummaryRed Oak's fundamental research disciplines attempt to step beyond the near term noise of leveraged volatile markets. The firm's research focus is on significant and somewhat longer-term market forces. Red Oak believes that the fundamental forces driving major price changes can be isolated and anticipated. The firm trades principally financial, currency, and physical commodity futures on commodity exchanges inside and outside the United States. It may also trade forward contracts through banks. With regard to financial futures, the firm's research focuses on the macroeconomic trends that affect financial markets, valuation levels, the level and rate of change in real interest rates, central bank policy, funding needs, the level and rate of change of profitability, overall financial leverage in the monetary system, and numerous other factors that affect the price level and volatility of equity and fixed income financial instruments. n the currency markets Red Oak concentrates its fundamental research on such factors as trade and budget levels and trends, political considerations, interest rate differentials and changes in interest rates, changes in marginal rates of return on capital in various countries, central bank policy, and many other factors that affect relative currency values and directional changes. Research regarding physical commodities focuses on macro-and micro-economic trends, supply and demand balances, substitution effects caused by relative price changes, political considerations, and changes in technology, weather, and numerous other factors that affect commodities prices. In addition to the foregoing, the firm prefers to take positions in futures contracts for commodities that have imputed positive returns, assuming that there are no changes in the cash markets. The firm employs risk control procedures in an effort to preserve capital and protect against material forecasting errors. To control risk, a predetermined dollar level of acceptable loss per position is calculated based on volatility and risk-reward dynamics. If this predetermined acceptable loss is exceeded, the position is closed. The firm is grounded in the belief that commodities and futures trading is an art and not an exact science. Therefore, while Red Oak may use computers for analysis or may engage in mathematical measurements or calculations designed to monitor market activity, reliance on entirely systematic or mechanical technical trading models would be inconsistent with the firm' s basic trading approach. Although Red Oak values the necessity of discipline in trading, it believes that success depends ultimately on the use of discretionary investment judgment by its principals. The raw materials that produce successful returns over time are skill, knowledge, timing, and instinct.Investment StrategyRed Oak’s trading strategy is driven by fundamentals: specifically, the firm’s strategy is grounded in Mr. Gerstein’s experience in and knowledge of the different commodity and commodity-related markets and the various fundamental factors which affect each of such markets. Thus, unlike many trading strategies now being employed by managed futures professionals, Red Oak’s approach is neither technically-based nor trend-following. Fundamental analysis, in general, is based on a study of factors external to the markets in predicting future prices. Such factors might include, among other things, supply and demand factors for a particular commodity, the economy of a particular country, government policies, domestic and foreign political and economic events and changing trade prospects. Fundamental analysis is premised on the concept that market prices frequently may not reflect (on a real time basis) the actual value of a commodity, although such value will eventually determine price levels. Technical analysis, on the other hand, is based upon the theory that a study of the markets themselves will provide a means of anticipating the external factors which affect the supply and demand of a particular commodity in order to predict future price trends. Technical analysis of the markets generally includes a study of, among other things, actual daily, weekly and monthly price fluctuations, volume variations and changes in open interest. The Red Oak Trading Strategy Red Oak’s fundamental research disciplines attempt to step beyond the near term “noise” of leveraged volatile markets. The firm’s research focus is on significant and somewhat longer-term market forces. Red Oak believes that the fundamental forces driving major price changes can be isolated and anticipated. The firm trades principally financial, currency, and physical commodity futures on commodity exchanges inside and outside the United States. Financial futures may include equity index futures and interest rate futures based both inside and outside the US. Physical futures include agricultural commodities, energies and metals. It may also trade forward contracts through banks. With regard to financial futures, the firm’s research focuses on the macroeconomic trends that affect financial markets, valuation levels, the level and rate of change in “real” interest rates, central bank policy, funding needs, the level and rate of change of profitability, overall financial leverage in the monetary system, and numerous other factors that affect the price level and volatility of equity and fixed income financial instruments. In the currency markets Red Oak concentrates its fundamental research on such factors as trade and budget levels and trends, political considerations, interest rate differentials and changes in interest rates, changes in marginal rates of return on capital in various countries, central bank policy, and many other factors that affect relative currency values and directional changes. Research regarding physical commodities focuses on macro-and micro-economic trends, supply and demand balances, substitution effects caused by relative price changes, political considerations, and changes in technology, weather, and numerous other factors that affect commodities prices. In addition to the foregoing, the firm prefers to take positions in futures contracts for commodities that have imputed positive returns, assuming that there are no changes in the cash markets. The firm employs risk control procedures in an effort to preserve capital and protect against material forecasting errors. To control risk, a predetermined dollar level of acceptable loss per position is calculated based on volatility and risk-reward dynamics. If this predetermined acceptable loss is exceeded, the position is closed. The firm is grounded in the belief that commodities and futures trading is an art and not an exact science. Therefore, while Red Oak may use computers for analysis or may engage in mathematical measurements or calculations designed to monitor market activity, reliance on entirely systematic or mechanical technical trading models would be inconsistent with the firm’s basic trading approach. Although Red Oak values the necessity of discipline in trading, it believes that success depends ultimately on the use of discretionary investment judgment by its principals. The raw materials that produce successful returns over time are skill, knowledge, timing, and instinct.Risk ManagementThe firm employs risk control procedures in an effort to preserve capital and protect against material forecasting errors. To control risk, a predetermined dollar level of acceptable loss per position is calculated based on volatility and risk-reward dynamics. If this predetermined acceptable loss is exceeded, the position is closed. The firm is grounded in the belief that commodities and futures trading is an art and not an exact science. Therefore, while Red Oak may use computers for analysis or may engage in mathematical measurements or calculations designed to monitor market activity, reliance on entirely systematic or mechanical technical trading models would be inconsistent with the firm’s basic trading approach. Although Red Oak values the necessity of discipline in trading, it believes that success depends ultimately on the use of discretionary investment judgment by its principals. The raw materials that produce successful returns over time are skill, knowledge, timing, and instinct. 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 -56.23 47 - 3/1/2015 2/1/2019 -37.32 13 10 7/1/1997 8/1/1998 -34.79 10 6 1/1/2001 11/1/2001 -33.18 13 8 3/1/2004 4/1/2005 -26.15 4 2 5/1/2002 9/1/2002 -24.24 5 5 4/1/1996 9/1/1996 -23.94 3 2 11/1/2002 2/1/2003 -21.93 2 7 9/1/1999 11/1/1999 -21.91 5 9 2/1/2008 7/1/2008 -16.68 3 2 8/1/2000 11/1/2000 -14.82 8 6 12/1/1991 8/1/1992 -13.12 14 27 4/1/2011 6/1/2012 -11.01 9 2 9/1/1994 6/1/1995 -10.27 6 5 1/1/1991 7/1/1991 -9.75 1 1 4/1/1990 5/1/1990 -9.38 1 2 4/1/1997 5/1/1997 -9.30 9 2 7/1/1993 4/1/1994 -7.88 1 1 1/1/1996 2/1/1996 -5.33 1 1 1/1/2006 2/1/2006 -4.10 1 3 12/1/2009 1/1/2010 -4.09 1 1 9/1/1995 10/1/1995 -3.98 2 3 5/1/2006 7/1/2006 -3.78 4 1 4/1/2010 8/1/2010 -3.12 2 3 2/1/1993 4/1/1993 -2.61 2 1 5/1/2003 7/1/2003 -2.34 1 1 2/1/2011 3/1/2011 -2.34 1 1 5/1/2009 6/1/2009 -2.14 2 1 6/1/1994 8/1/1994 -1.08 1 1 1/1/1990 2/1/1990 -1.02 1 1 6/1/2000 7/1/2000 -0.84 1 1 11/1/2006 12/1/2006 -0.66 1 1 9/1/2009 10/1/2009 -0.14 1 1 8/1/2003 9/1/2003 -0.13 1 1 10/1/1990 11/1/1990 -0.02 1 1 12/1/2007 1/1/2008 -0.01 1 1 7/1/2007 8/1/2007 Show More Consecutive Gains Run-up Length (Mos.) Start End 56.23 3 3/1/2003 5/1/2003 53.22 4 6/1/1999 9/1/1999 51.14 2 4/1/2002 5/1/2002 48.37 2 3/1/1999 4/1/1999 47.75 4 1/1/1997 4/1/1997 46.42 2 10/1/2002 11/1/2002 45.84 5 6/1/1990 10/1/1990 41.55 5 5/1/2005 9/1/2005 39.53 6 10/1/2003 3/1/2004 38.72 9 7/1/2014 3/1/2015 29.62 3 11/1/1995 1/1/1996 29.33 2 5/1/2000 6/1/2000 27.87 3 7/1/1995 9/1/1995 26.65 3 3/1/2006 5/1/2006 26.56 3 11/1/2005 1/1/2006 25.03 6 9/1/1992 2/1/1993 24.66 2 7/1/2019 8/1/2019 24.16 4 8/1/2008 11/1/2008 23.34 6 9/1/2010 2/1/2011 22.28 1 12/1/1999 12/1/1999 21.36 2 12/1/2000 1/1/2001 20.31 2 6/1/2001 7/1/2001 20.29 2 12/1/2017 1/1/2018 19.91 4 8/1/2016 11/1/2016 19.08 2 3/1/1996 4/1/1996 18.73 2 6/1/1997 7/1/1997 16.16 5 1/1/2009 5/1/2009 15.80 2 3/1/1990 4/1/1990 15.10 4 9/1/2007 12/1/2007 14.86 2 12/1/2019 1/1/2020 14.21 2 12/1/1998 1/1/1999 13.32 2 11/1/2004 12/1/2004 13.26 1 12/1/2001 12/1/2001 12.77 2 5/1/1994 6/1/1994 12.70 1 4/1/2016 4/1/2016 12.02 7 1/1/2007 7/1/2007 11.81 1 9/1/1998 9/1/1998 11.39 1 5/1/2019 5/1/2019 10.75 2 12/1/1997 1/1/1998 9.86 1 12/1/1991 12/1/1991 8.69 1 8/1/2000 8/1/2000 8.57 1 6/1/1998 6/1/1998 8.53 1 3/1/2019 3/1/2019 8.06 1 8/1/1996 8/1/1996 7.72 3 5/1/1993 7/1/1993 7.23 2 8/1/1991 9/1/1991 7.05 1 9/1/2018 9/1/2018 6.96 3 7/1/2009 9/1/2009 6.91 1 4/1/2018 4/1/2018 6.20 3 1/1/2012 3/1/2012 6.10 2 6/1/2017 7/1/2017 6.00 3 2/1/2010 4/1/2010 5.74 1 4/1/2001 4/1/2001 5.68 4 7/1/2012 10/1/2012 5.46 1 2/1/2002 2/1/2002 5.39 1 9/1/1994 9/1/1994 5.33 2 10/1/1996 11/1/1996 5.10 3 2/1/2013 4/1/2013 5.06 2 1/1/2017 2/1/2017 5.00 1 8/1/2003 8/1/2003 4.98 1 10/1/2011 10/1/2011 4.69 4 9/1/2013 12/1/2013 4.25 2 12/1/1990 1/1/1991 4.08 2 11/1/2009 12/1/2009 4.03 1 3/1/1998 3/1/1998 3.99 1 4/1/2011 4/1/2011 3.97 1 3/1/1995 3/1/1995 3.65 2 10/1/2006 11/1/2006 3.45 1 12/1/1993 12/1/1993 3.28 1 2/1/2005 2/1/2005 3.27 1 2/1/2008 2/1/2008 2.69 1 8/1/2006 8/1/2006 2.61 1 9/1/2015 9/1/2015 2.29 3 3/1/1991 5/1/1991 1.77 1 9/1/1997 9/1/1997 1.65 2 1/1/2016 2/1/2016 1.58 1 3/1/1994 3/1/1994 1.32 2 6/1/2018 7/1/2018 1.29 1 2/1/2014 2/1/2014 1.26 2 11/1/1994 12/1/1994 1.06 1 7/1/2011 7/1/2011 0.89 1 7/1/2013 7/1/2013 0.69 1 9/1/2004 9/1/2004 0.63 1 7/1/2010 7/1/2010 0.51 1 10/1/1993 10/1/1993 0.48 1 6/1/2004 6/1/2004 0.44 1 5/1/2015 5/1/2015 0.21 2 12/1/1989 1/1/1990 0.15 1 11/1/2015 11/1/2015 0.14 1 6/1/1992 6/1/1992 Show More Consecutive Losses Run-up Length (Mos.) Start End -35.92 5 10/1/2018 2/1/2019 -28.37 2 7/1/1998 8/1/1998 -26.15 4 6/1/2002 9/1/2002 -26.09 4 8/1/2001 11/1/2001 -24.17 3 5/1/1996 7/1/1996 -23.94 3 12/1/2002 2/1/2003 -23.23 3 9/1/2019 11/1/2019 -21.93 2 10/1/1999 11/1/1999 -21.91 5 3/1/2008 7/1/2008 -19.87 2 2/1/2001 3/1/2001 -19.09 2 3/1/2005 4/1/2005 -18.00 2 2/1/2018 3/1/2018 -16.68 3 9/1/2000 11/1/2000 -16.24 2 4/1/2004 5/1/2004 -15.99 4 1/1/2000 4/1/2000 -14.35 3 5/1/2016 7/1/2016 -13.45 1 5/1/2001 5/1/2001 -13.06 3 3/1/2017 5/1/2017 -12.94 1 2/1/1999 2/1/1999 -12.33 2 10/1/1997 11/1/1997 -11.86 2 4/1/1998 5/1/1998 -11.37 5 1/1/1992 5/1/1992 -11.10 1 5/1/2018 5/1/2018 -10.76 4 8/1/2017 11/1/2017 -10.69 1 4/1/2015 4/1/2015 -10.02 1 1/1/2005 1/1/2005 -9.75 1 5/1/1990 5/1/1990 -9.38 1 5/1/1997 5/1/1997 -9.20 1 3/1/2002 3/1/2002 -8.89 3 4/1/1995 6/1/1995 -8.35 1 3/1/2016 3/1/2016 -8.26 1 5/1/1999 5/1/1999 -8.20 1 8/1/2018 8/1/2018 -8.20 2 8/1/2011 9/1/2011 -8.10 3 4/1/2012 6/1/2012 -7.88 1 2/1/1996 2/1/1996 -7.54 1 9/1/1996 9/1/1996 -7.36 1 10/1/2015 10/1/2015 -7.02 2 1/1/1994 2/1/1994 -6.96 1 2/1/1991 2/1/1991 -6.91 1 8/1/1997 8/1/1997 -6.09 2 5/1/2011 6/1/2011 -6.04 2 7/1/2004 8/1/2004 -6.04 1 1/1/2014 1/1/2014 -5.81 3 6/1/2015 8/1/2015 -5.72 2 6/1/1991 7/1/1991 -5.49 2 1/1/1995 2/1/1995 -5.41 1 6/1/2019 6/1/2019 -5.33 1 2/1/2006 2/1/2006 -5.13 2 10/1/1998 11/1/1998 -4.52 1 4/1/2019 4/1/2019 -4.47 4 3/1/2014 6/1/2014 -4.45 1 2/1/1998 2/1/1998 -4.10 1 1/1/2010 1/1/2010 -4.09 1 10/1/1995 10/1/1995 -4.02 2 7/1/1992 8/1/1992 -3.98 2 6/1/2006 7/1/2006 -3.62 1 12/1/1996 12/1/1996 -3.32 1 4/1/1994 4/1/1994 -3.12 2 3/1/1993 4/1/1993 -3.05 1 10/1/2005 10/1/2005 -3.04 1 8/1/2013 8/1/2013 -2.67 2 11/1/2011 12/1/2011 -2.61 2 5/1/2010 6/1/2010 -2.61 2 6/1/2003 7/1/2003 -2.56 2 8/1/1993 9/1/1993 -2.34 1 3/1/2011 3/1/2011 -2.34 1 6/1/2009 6/1/2009 -2.23 2 10/1/1991 11/1/1991 -2.14 2 7/1/1994 8/1/1994 -1.96 1 12/1/2008 12/1/2008 -1.96 1 11/1/1993 11/1/1993 -1.83 1 10/1/1994 10/1/1994 -1.82 1 8/1/2010 8/1/2010 -1.79 3 11/1/2012 1/1/2013 -1.51 1 10/1/2004 10/1/2004 -1.31 1 12/1/2015 12/1/2015 -1.15 1 12/1/2016 12/1/2016 -1.14 1 1/1/2002 1/1/2002 -1.08 1 2/1/1990 2/1/1990 -1.02 1 7/1/2000 7/1/2000 -0.84 1 12/1/2006 12/1/2006 -0.66 1 10/1/2009 10/1/2009 -0.64 2 5/1/2013 6/1/2013 -0.22 1 9/1/2006 9/1/2006 -0.14 1 9/1/2003 9/1/2003 -0.13 1 11/1/1990 11/1/1990 -0.02 1 1/1/2008 1/1/2008 -0.01 1 8/1/2007 8/1/2007 Show More Time Windows Analysis 1 Month3 Month6 Month12 Month18 Month2 Year3 Year4 Year5 Year Number of Periods362.00360.00357.00351.00345.00339.00327.00315.00303.00 Percent Profitable55.5259.1759.3868.3873.9179.3587.1690.7990.43 Average Period Return1.093.146.4012.6219.0426.3742.7764.0591.55 Average Gain5.7110.4416.8924.0630.9436.9052.1773.13103.64 Average Loss-4.69-7.44-8.95-12.13-14.68-14.09-20.99-25.51-22.70 Best Period32.0156.2387.86112.20147.93176.74150.57239.38334.01 Worst Period-23.72-30.63-32.89-47.63-45.30-50.76-46.57-53.96-48.29 Standard Deviation7.4412.3417.9926.0931.1236.3341.2156.6979.67 Gain Standard Deviation5.939.7415.2923.0326.7532.7935.0651.0373.90 Loss Standard Deviation4.536.827.6210.4812.1114.0214.3519.6116.28 Sharpe Ratio (1%)0.130.230.330.450.560.670.961.061.09 Average Gain / Average Loss1.221.401.891.982.112.622.492.874.57 Profit / Loss Ratio1.522.032.764.295.9710.0616.8628.2743.13 Downside Deviation (10%)4.547.048.7411.3313.0112.9314.4316.0317.27 Downside Deviation (5%)4.386.567.739.4310.309.6810.0010.719.93 Downside Deviation (0%)4.346.447.489.009.709.009.089.708.59 Sortino Ratio (10%)0.150.270.450.670.881.251.872.653.70 Sortino Ratio (5%)0.230.440.761.231.702.523.975.608.70 Sortino Ratio (0%)0.250.490.861.401.962.934.716.6010.66 Top Performer Badges Index Award Type Rank Performance Period Discretionary Trader Index Month 6 5.18 3/2015 Discretionary Trader Index Month 7 4.01 11/2014 Discretionary Trader Index Month 9 4.68 8/2014 Discretionary Trader Index Month 3 3.11 3/2013 Discretionary Trader Index Month 6 3.72 9/2012 Discretionary Trader Index Month 8 3.56 3/2010 Discretionary Trader Index Month 9 7.59 5/2009 Diversified Trader Index Month 8 4.84 4/2009 Discretionary Trader Index Month 8 4.84 4/2009 Discretionary Trader Index Month 2 13.35 10/2008 Discretionary Trader Index Month 5 7.17 8/2008 IASG CTA Index 5 Year 5 251.83 2002 - 2007 IASG CTA Index 3 Year 8 104.12 2004 - 2007 Discretionary Trader Index Month 5 6.62 10/2007 Discretionary Trader Index Month 7 2.23 7/2007 Discretionary Trader Index Month 9 1.32 5/2007 Discretionary Trader Index Month 5 4.36 4/2007 Discretionary Trader Index Month 9 2.41 1/2007 IASG CTA Index 5 Year 5 268.59 2001 - 2006 Discretionary Trader Index Month 6 2.69 8/2006 Discretionary Trader Index Month 3 13.67 4/2006 Discretionary Trader Index Month 2 11.26 3/2006 Diversified Trader Index Month 8 11.26 3/2006 IASG CTA Index Month 8 11.26 3/2006 Discretionary Trader Index Month 7 7.78 1/2006 IASG CTA Index 3 Year 8 108.84 2002 - 2005 IASG CTA Index 5 Year 10 128.92 2000 - 2005 Discretionary Trader Index Month 4 7.86 12/2005 Discretionary Trader Index Month 1 8.87 11/2005 IASG CTA Index Month 1 18.73 9/2005 Discretionary Trader Index Month 1 18.73 9/2005 Diversified Trader Index Month 1 18.73 9/2005 Discretionary Trader Index Month 7 3.37 8/2005 Diversified Trader Index Month 3 6.48 7/2005 Discretionary Trader Index Month 2 6.48 7/2005 IASG CTA Index Month 3 6.48 7/2005 Discretionary Trader Index Month 9 2.89 6/2005 Discretionary Trader Index Month 4 5.27 5/2005 Discretionary Trader Index Month 6 3.28 2/2005 Diversified Trader Index Month 5 5.23 12/2004 IASG CTA Index Month 6 5.23 12/2004 Discretionary Trader Index Month 2 5.23 12/2004 IASG CTA Index 3 Year 10 132.81 2001 - 2004 Discretionary Trader Index Month 3 7.69 11/2004 Discretionary Trader Index Month 9 0.48 6/2004 Diversified Trader Index Month 9 0.48 6/2004 Discretionary Trader Index Month 7 4.91 3/2004 Discretionary Trader Index Month 10 4.67 2/2004 Discretionary Trader Index Month 3 10.46 12/2003 IASG CTA Index Annual 3 75.51 2003 IASG CTA Index 5 Year 2 271.10 1998 - 2003 Diversified Trader Index Month 1 6.13 11/2003 Discretionary Trader Index Month 1 6.13 11/2003 IASG CTA Index Month 1 6.13 11/2003 Discretionary Trader Index Month 8 7.70 10/2003 Discretionary Trader Index Month 7 5.00 8/2003 Diversified Trader Index Month 9 5.00 8/2003 Discretionary Trader Index Month 8 -0.79 6/2003 Discretionary Trader Index Month 1 14.52 5/2003 Discretionary Trader Index Month 1 14.73 4/2003 IASG CTA Index Month 1 14.73 4/2003 Diversified Trader Index Month 1 14.73 4/2003 Diversified Trader Index Month 1 18.91 3/2003 IASG CTA Index Month 1 18.91 3/2003 Discretionary Trader Index Month 1 18.91 3/2003 Discretionary Trader Index Month 7 -0.39 1/2003 Discretionary Trader Index Month 2 15.37 11/2002 Diversified Trader Index Month 1 15.37 11/2002 IASG CTA Index Month 2 15.37 11/2002 Diversified Trader Index Month 1 26.91 10/2002 Discretionary Trader Index Month 1 26.91 10/2002 IASG CTA Index Month 1 26.91 10/2002 IASG CTA Index Month 1 25.68 5/2002 Diversified Trader Index Month 1 25.68 5/2002 Discretionary Trader Index Month 1 25.68 5/2002 Diversified Trader Index Month 1 20.26 4/2002 IASG CTA Index Month 1 20.26 4/2002 Discretionary Trader Index Month 1 20.26 4/2002 Diversified Trader Index Month 1 5.46 2/2002 Discretionary Trader Index Month 3 5.46 2/2002 IASG CTA Index Month 5 5.46 2/2002 Discretionary Trader Index Month 10 -1.14 1/2002 Discretionary Trader Index Month 1 13.26 12/2001 Diversified Trader Index Month 1 13.26 12/2001 IASG CTA Index Month 2 13.26 12/2001 Discretionary Trader Index Month 10 -8.66 8/2001 IASG CTA Index Month 5 7.89 7/2001 Discretionary Trader Index Month 2 7.89 7/2001 Diversified Trader Index Month 3 7.89 7/2001 IASG CTA Index Month 2 11.51 6/2001 Diversified Trader Index Month 1 11.51 6/2001 Discretionary Trader Index Month 1 11.51 6/2001 Discretionary Trader Index Month 2 5.74 4/2001 Diversified Trader Index Month 2 5.74 4/2001 IASG CTA Index Month 5 5.74 4/2001 Discretionary Trader Index Month 10 -1.15 3/2001 Discretionary Trader Index Month 2 9.89 1/2001 Diversified Trader Index Month 3 9.89 1/2001 IASG CTA Index Month 4 9.89 1/2001 Discretionary Trader Index Month 3 10.44 12/2000 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