WESTCAY LLC : Tropicals Program

archived programsClosed to new investments
Year-to-Date
3.19%
Apr Performance
-0.75%
Min Investment
$ 250k
Mgmt. Fee
1.00%
Perf. Fee
15.00%
Annualized Vol
4.25%
Sharpe (RFR=1%)
0.31
CAROR
2.24%
Assets
$ 2.6M
Worst DD
-9.33
S&P Correlation
0.09

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 Since
1/2014
Tropicals Program -0.75 -2.79 -3.19 -7.51 3.89 8.14 - 12.51
S&P 500 3.93 8.94 17.51 11.24 41.19 54.79 - 63.59
+/- S&P 500 -4.68 -11.73 -20.70 -18.76 -37.31 -46.64 - -51.07

Strategy Description

Summary

The WestCay LLC Tropicals Program is a pure discretionary trading strategy in Coffee and other soft commodity futures, options and calendar spreads, managed by the Principals, Andrew Jarmolkiewicz and Andre Vollmann. The Principals enjoy a combined 37 years experience across trading,... Read More

Account & Fees

Type
Managed Account
Minimum Investment
$ 250k
Trading Level Incremental Increase
$ 250k
CTA Max Funding Factor
3.00
Management Fee
1.00%
Performance Fee
15.00%
Average Commission
$6.50
Available to US Investors
Yes

Subscriptions

High Water Mark
Yes
Subscription Frequency
1-7 Days
Redemption Frequency
Daily
Investor Requirements
QEP
Lock-up Period
0

Trading

Trading Frequency
3000 RT/YR/$M
Avg. Margin-to-Equity
5%
Targeted Worst DD
-6.00%
Worst Peak-to-Trough
-3.66%
Sector Focus
Agricultural Traders

Holding Periods

Over 12 Months
5.00%
4-12 Months
60.00%
1-3 Months
20.00%
1-30 Days
15.00%
Intraday
0%

Decision-Making

Discretionary
100.00%
Systematic
0%

Strategy

Seasonal/cyclical
30.00%
Spreading/hedging
60.00%
Technical
10.00%
Strategy Pie Chart

Composition

Softs
100.00%
Composition Pie Chart

Summary

The WestCay LLC Tropicals Program is a pure discretionary trading strategy in Coffee and other soft commodity futures, options and calendar spreads, managed by the Principals, Andrew Jarmolkiewicz and Andre Vollmann. The Principals enjoy a combined 37 years experience across trading, research and managing large institutional fund mandates in their careers. The strategy exploits irregularities between the fundamentals of supply and demand in a market, the term structure of the futures market, the term structure of the volatility in the market and the current valuation of the market. The Principals utilise their own proprietary fundamental research to try and understand all aspects of the markets they trade in order to identify and manage opportunities, which could be market-neutral or directional.

The performance results presented are of actual accounts. The actual fees charged to these accounts were the same as those under the Advisor's Fee Structure A. The performance presented above includes actual management fees of 1/12 of 1% charged monthly and a quarterly incentive fee of 15%. For the periods January 2014 and January 2017, the accounts being presented were not charged fees. Therefore, for these periods the performance has been adjusted to reflect a 1/12 of 1% monthly management fee and a 15% quarterly incentive fee. No investment in the Advisor's Program should be made until you have received, read, and fully understood the Advisor's Disclosure Document.

   

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
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
-9.33 16 - 12/1/2017 4/1/2019
-3.67 7 1 11/1/2015 6/1/2016
-2.10 2 1 10/1/2014 12/1/2014
-1.66 4 1 3/1/2014 7/1/2014
-0.79 2 7 1/1/2017 3/1/2017
-0.60 1 1 8/1/2014 9/1/2014
-0.35 1 1 2/1/2015 3/1/2015
-0.26 1 1 8/1/2015 9/1/2015
-0.10 1 1 10/1/2017 11/1/2017
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Consecutive Gains

Run-up Length (Mos.) Start End
14.67 7 7/1/2016 1/1/2017
5.20 3 1/1/2014 3/1/2014
4.25 2 1/1/2015 2/1/2015
2.71 5 4/1/2015 8/1/2015
2.26 1 8/1/2014 8/1/2014
1.57 1 10/1/2014 10/1/2014
0.90 4 7/1/2017 10/1/2017
0.78 1 4/1/2017 4/1/2017
0.52 1 6/1/2014 6/1/2014
0.44 1 12/1/2017 12/1/2017
0.42 2 10/1/2015 11/1/2015
0.33 1 5/1/2016 5/1/2016
0.29 1 4/1/2018 4/1/2018
0.28 1 10/1/2018 10/1/2018
0.01 1 1/1/2016 1/1/2016
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Consecutive Losses

Run-up Length (Mos.) Start End
-5.90 6 11/1/2018 4/1/2019
-2.37 3 2/1/2016 4/1/2016
-2.24 3 1/1/2018 3/1/2018
-2.10 2 11/1/2014 12/1/2014
-1.99 5 5/1/2018 9/1/2018
-1.49 2 4/1/2014 5/1/2014
-0.93 1 6/1/2016 6/1/2016
-0.79 2 2/1/2017 3/1/2017
-0.75 1 12/1/2015 12/1/2015
-0.70 2 5/1/2017 6/1/2017
-0.69 1 7/1/2014 7/1/2014
-0.60 1 9/1/2014 9/1/2014
-0.35 1 3/1/2015 3/1/2015
-0.26 1 9/1/2015 9/1/2015
-0.10 1 11/1/2017 11/1/2017
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Time Windows Analysis

 1 Month3 Month6 Month12 Month18 Month2 Year3 Year4 Year
Number of Periods64.0062.0059.0053.0047.0041.0029.0017.00
Percent Profitable50.0050.0055.9364.1578.7285.37100.00100.00
Average Period Return0.190.491.132.864.897.1212.1512.96
Average Gain1.052.273.716.287.569.3212.1512.96
Average Loss-0.67-1.28-2.14-3.44-5.00-5.67
Best Period3.895.7911.5613.9615.2715.4920.0924.09
Worst Period-2.05-3.20-5.90-7.51-9.02-8.843.351.54
Standard Deviation1.232.343.905.696.276.305.715.79
Gain Standard Deviation1.141.953.163.793.793.425.715.79
Loss Standard Deviation0.470.921.592.322.382.83
Sharpe Ratio (1%)0.090.100.160.330.540.811.601.54
Average Gain / Average Loss1.571.771.731.831.511.64
Profit / Loss Ratio1.571.772.203.455.599.58
Downside Deviation (10%)0.841.923.325.306.356.826.4910.24
Downside Deviation (5%)0.621.262.042.903.183.100.61
Downside Deviation (0%)0.581.111.762.392.532.39
Sortino Ratio (10%)-0.26-0.38-0.40-0.40-0.43-0.46-0.56-0.84
Sortino Ratio (5%)0.170.190.310.641.061.6514.55
Sortino Ratio (0%)0.330.450.641.191.932.99

Top Performer Badges

Index Award Type Rank Performance Period
Agricultural Trader Index Month 9 0.00 3/2019
Agricultural Trader Index Month 10 0.00 2/2019
Agricultural Trader Index Month 10 0.29 4/2018
Agricultural Trader Index Month 10 0.29 4/2018
Agricultural Trader Index Month 9 0.44 12/2017
Agricultural Trader Index Month 9 0.30 10/2017
Agricultural Trader Index Month 9 0.47 9/2017
Agricultural Trader Index Month 10 0.06 8/2017
Agricultural Trader Index Month 5 0.78 4/2017

Past performance is not necessarily indicative of future results. The risk of loss in trading commodity futures, options, and foreign exchange ("forex") is substantial.