Sparta Administradora de Recursos Ltda. : Sparta Anti-Cíclico Fundo de Investimento Multimercado Need help with terms? Snapshot Strategy Charts Statistics & Ratios Performance Tables Badges Show All Year-to-Date N / A Aug Performance 9.15% Min Investment $ 10k Mgmt. Fee 4.00% Perf. Fee 20.00% Annualized Vol 41.25% Sharpe (RFR=1%) 0.83 CAROR 31.17% Assets $ 9.8M Worst DD -38.63 S&P Correlation 0.10 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 Aug Qtr 2020 1yr 3yr 5yr 10yr Since10/2005 Sparta Anti-Cíclico Fundo de Investimento Multimercado 9.15 - - - - - -17.83 553.07 S&P 500 1.98 - - - - - 53.52 207.97 +/- S&P 500 7.17 - - - - - -71.35 345.10 Strategy Description SummaryThe fund employs fundamental analysis to create scenarios for each of the markets it invests, maximizing perceived upside/risk ratio. It trades commodities, stock indexes, currency and interest rates, mainly in Brazil, but also in US exchange-listed derivatives. The fund keeps in its... Read More Account & Fees Type Managed Account Minimum Investment $ 10k Trading Level Incremental Increase $ 5k CTA Max Funding Factor Management Fee 4.00% Performance Fee 20.00% Average Commission $0 Available to US Investors No Subscriptions High Water Mark Yes Subscription Frequency Daily Redemption Frequency Daily Investor Requirements Any Investor Lock-up Period 0 Trading Trading Frequency 0 RT/YR/$M Avg. Margin-to-Equity 0% 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 0% 1-30 Days Intraday 0% Decision-Making Discretionary 0% Systematic 0% Strategy Composition SummaryThe fund employs fundamental analysis to create scenarios for each of the markets it invests, maximizing perceived upside/risk ratio. It trades commodities, stock indexes, currency and interest rates, mainly in Brazil, but also in US exchange-listed derivatives. The fund keeps in its portfolio at least 67% of Ibovespa-listed stocks, which can be hedged with derivatives. The leverage is controlled through risk controls (such as VaR and Stress Testing), and since it offers daily liquidity, positions are based in liquid instruments. The fund is regulated by Brazilian SEC-equivalent (CVM). Returns in USD. Official currency is BRL.Minimum initial investment : BRL 10,000. 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 -38.63 2 2 11/1/2007 1/1/2008 -34.58 6 - 3/1/2011 9/1/2011 -29.84 6 9 12/1/2009 6/1/2010 -22.01 3 14 6/1/2008 9/1/2008 -10.66 1 1 7/1/2006 8/1/2006 -9.70 1 2 10/1/2005 11/1/2005 -8.75 3 2 2/1/2006 5/1/2006 -5.79 1 1 7/1/2007 8/1/2007 -4.27 1 3 12/1/2006 1/1/2007 -3.72 1 2 9/1/2006 10/1/2006 Show More Consecutive Gains Run-up Length (Mos.) Start End 177.29 5 2/1/2008 6/1/2008 77.56 3 9/1/2007 11/1/2007 64.92 4 4/1/2007 7/1/2007 33.73 1 10/1/2005 10/1/2005 28.14 4 9/1/2009 12/1/2009 26.86 4 9/1/2010 12/1/2010 20.74 3 12/1/2005 2/1/2006 15.79 2 6/1/2006 7/1/2006 15.63 5 12/1/2011 4/1/2012 14.89 3 1/1/2009 3/1/2009 14.19 1 9/1/2006 9/1/2006 11.85 1 10/1/2011 10/1/2011 11.73 1 7/1/2010 7/1/2010 10.37 2 7/1/2012 8/1/2012 8.29 1 10/1/2008 10/1/2008 8.18 2 11/1/2006 12/1/2006 4.40 1 3/1/2011 3/1/2011 4.30 1 2/1/2007 2/1/2007 2.19 1 2/1/2010 2/1/2010 0.73 1 7/1/2009 7/1/2009 Show More Consecutive Losses Run-up Length (Mos.) Start End -38.63 2 12/1/2007 1/1/2008 -34.58 6 4/1/2011 9/1/2011 -27.51 4 3/1/2010 6/1/2010 -22.01 3 7/1/2008 9/1/2008 -12.96 2 5/1/2012 6/1/2012 -10.96 3 4/1/2009 6/1/2009 -10.66 1 8/1/2006 8/1/2006 -9.70 1 11/1/2005 11/1/2005 -8.75 3 3/1/2006 5/1/2006 -5.79 1 8/1/2007 8/1/2007 -5.29 1 1/1/2010 1/1/2010 -4.27 1 1/1/2007 1/1/2007 -3.72 1 10/1/2006 10/1/2006 -2.85 2 11/1/2008 12/1/2008 -2.07 2 1/1/2011 2/1/2011 -1.49 1 8/1/2010 8/1/2010 -1.37 1 3/1/2007 3/1/2007 -1.12 1 11/1/2011 11/1/2011 -1.05 1 8/1/2009 8/1/2009 Show More Time Windows Analysis 1 Month3 Month6 Month12 Month18 Month2 Year3 Year4 Year Number of Periods83.0081.0078.0072.0066.0060.0048.0036.00 Percent Profitable55.4266.6771.7968.0672.7376.6772.9291.67 Average Period Return2.938.1817.1140.2574.71116.39185.06259.39 Average Gain10.0317.6429.4164.12107.57155.87255.69284.03 Average Loss-5.90-10.74-14.21-10.60-12.89-13.35-5.10-11.66 Best Period60.4798.84133.56210.72362.34435.37490.23600.27 Worst Period-34.85-26.03-34.58-24.78-29.56-26.32-9.94-21.81 Standard Deviation11.9121.5132.1063.46101.43134.06173.46186.14 Gain Standard Deviation10.5719.7729.2664.07100.77129.27150.43174.29 Loss Standard Deviation6.238.3410.218.179.538.982.778.80 Sharpe Ratio (1%)0.240.370.520.620.720.851.051.37 Average Gain / Average Loss1.701.642.076.058.3411.6850.1524.35 Profit / Loss Ratio2.123.295.2712.8822.2538.37135.01267.89 Downside Deviation (10%)5.888.3710.329.9311.7512.2811.3010.07 Downside Deviation (5%)5.727.919.447.968.948.524.464.99 Downside Deviation (0%)5.697.799.227.508.297.682.993.95 Sortino Ratio (10%)0.430.831.423.555.718.6414.9823.62 Sortino Ratio (5%)0.501.001.764.938.1913.4340.7951.16 Sortino Ratio (0%)0.521.051.865.369.0115.1561.8465.59 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