Tellurian Capital : Tellurian Ascend Fund (Long Active) Need help with terms? Snapshot Strategy Charts Statistics & Ratios Performance Tables Badges Show All Year-to-Date N / A Apr Performance -0.55% Min Investment $ 500k Mgmt. Fee 2.00% Perf. Fee 20.00% Annualized Vol 21.87% Sharpe (RFR=1%) 0.62 CAROR 12.92% Assets $ 26.9M Worst DD -22.50 S&P Correlation 0.53 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 Apr Qtr YTD 1yr 3yr 5yr 10yr Since1/2010 Tellurian Ascend Fund (Long Active) -0.55 4.78 - 9.65 - - - 32.78 S&P 500 -0.75 6.51 - 2.49 - - - 30.15 +/- S&P 500 0.20 -1.73 - 7.16 - - - 2.62 Strategy Description SummaryThe Tellurian Long Active strategy will implement a discretionary trading strategy in the commodity markets with a long bias and a focus on derivative instruments (futures, options, OTC products and cleared OTC products). There will be no physical deliveries in the course of the trading... Read More Account & Fees Type Managed Account Minimum Investment $ 500k Trading Level Incremental Increase $ 500k CTA Max Funding Factor 3.00 Management Fee 2.00% Performance Fee 20.00% Average Commission $0 Available to US Investors Yes Subscriptions High Water Mark Yes Subscription Frequency 15-30 Days Redemption Frequency 15-30 Days Investor Requirements Any Investor Lock-up Period 0 Trading Trading Frequency RT/YR/$M Avg. Margin-to-Equity 10% Targeted Worst DD -10.00% Worst Peak-to-Trough 13.00% Sector Focus Energy Traders Holding Periods Over 12 Months 5.00% 4-12 Months 20.00% 1-3 Months 75.00% 1-30 Days 0% Intraday 0% Decision-Making Discretionary 100.00% Systematic 0% Strategy Fundamental 100.00% Composition Energy 74.00% Precious Metals 26.00% SummaryThe Tellurian Long Active strategy will implement a discretionary trading strategy in the commodity markets with a long bias and a focus on derivative instruments (futures, options, OTC products and cleared OTC products). There will be no physical deliveries in the course of the trading activity. The activity will focus on Energy (oil, natural gas and coal), Metals and Agriculturals. No equities are traded.Investment StrategyThe Tellurian Long Active strategy will follow a discretionary approach based on fundamentals. There will be no systematic trading based on ‘black box’ trading model as a CTA would do or a set portfolio algorithm. Although the strategy will be largely directional with a long bias, it anticipates to entertain some pure relative value trades such as ‘crack spreads’ between oil products, calendar spreads, differentials between two products of the same family, option (volatility) trades, etcRisk ManagementParticular attention is given to the adequate sizing of positions prior to execution, and to the need to assess the current and anticipated liquidity of the segment of the market. This is in order to ensure ability to take profit or unwind positions without encountering critical liquidity issues. Concretely, the total net exposure for the Strategy of up to 250% of Assets will be allocated among the various portfolios. In all cases these limits will be calibrated to the liquidity of the related market, which could vary depending of market conditions prevailing at the time. On average the strategy has been running a net exposure of around 100% of Assets since inception. Only liquid instruments are traded. 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 -22.50 1 - 8/1/2011 9/1/2011 -6.62 3 5 4/1/2010 7/1/2010 -1.63 1 1 1/1/0001 1/1/2010 -0.89 1 1 1/1/2011 2/1/2011 Show More Consecutive Gains Run-up Length (Mos.) Start End 26.21 6 3/1/2011 8/1/2011 16.80 1 10/1/2011 10/1/2011 12.67 3 2/1/2010 4/1/2010 10.38 3 1/1/2012 3/1/2012 6.20 3 11/1/2010 1/1/2011 2.84 2 8/1/2010 9/1/2010 0.06 1 6/1/2010 6/1/2010 Show More Consecutive Losses Run-up Length (Mos.) Start End -22.50 1 9/1/2011 9/1/2011 -6.26 1 5/1/2010 5/1/2010 -5.08 2 11/1/2011 12/1/2011 -1.63 1 1/1/2010 1/1/2010 -0.89 1 2/1/2011 2/1/2011 -0.55 1 4/1/2012 4/1/2012 -0.44 1 10/1/2010 10/1/2010 -0.44 1 7/1/2010 7/1/2010 Show More Time Windows Analysis 1 Month3 Month6 Month12 Month18 Month Number of Periods28.0026.0023.0017.0011.00 Percent Profitable67.8676.9273.91100.00100.00 Average Period Return1.223.576.3416.0423.64 Average Gain3.796.6110.5316.0423.64 Average Loss-4.20-6.53-5.55 Best Period16.8014.8526.2135.0937.57 Worst Period-22.50-15.30-9.712.504.01 Standard Deviation6.317.139.968.449.65 Gain Standard Deviation3.944.047.938.449.65 Loss Standard Deviation7.135.722.55 Sharpe Ratio (1%)0.180.470.591.782.29 Average Gain / Average Loss0.901.011.90 Profit / Loss Ratio1.903.375.38 Downside Deviation (10%)4.624.504.270.611.08 Downside Deviation (5%)4.524.113.31 Downside Deviation (0%)4.494.023.07 Sortino Ratio (10%)0.180.520.9118.2114.87 Sortino Ratio (5%)0.250.811.76 Sortino Ratio (0%)0.270.892.06 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