Emil van Essen

Spread Trading Program Limited

Year-to-Date
1.65%
Minimum Investment
$ 5,000,000
Management Fee 2.00%
Performance Fee 20.00%
Annualized Volatility 10.95%
Sharpe (RFR=1%) -0.16
CAROR -1.30%
Assets $9,000,000
Worst Drawdown -36.66
S&P Correlation 0.08

Summary

The Emil van Essen Spread Trading Program Limited (STP Ltd.) seeks non-correlated alpha through the spread and relative value trading of exchange-listed figures and some options contracts. The program primarily trades commodities through calendar spreads. Outright commodities as well as inter-commodity, interest rate, and equity volatility spreads are also included. Quantitative research and significant discretion are used with the goal of generating strong returns in various market environments. The program typically has a low to negative correlation to benchmarks including CTA, commodity, and stock indices with a track record dating back to July 2013. The STP Ltd. is differentiated from the standard Emil van Essen Spread Trading Program in that the Limited Program does not trade calendar spread options. The STP Ltd. therefore does not trade pari passu with the Spread Trading Program and it is possible that the performance of these two programs may vary significantly.