Emil van Essen

Spread Trading Program Low Minimum

Year-to-Date
N/A
Minimum Investment
500,000
Management Fee 2.00%
Performance Fee 20.00%
Annualized Volatility 31.79%
Sharpe (RFR=1%) 0.87
CAROR 26.77%
Assets 37,000,000
Worst Drawdown -36.21
S&P Correlation -0.09

Summary

-Important Update: On August 2008, the EVE spread trading program was split into a high and low minimum program while maintaining similar trading strategies for each program. On August 1, 2008 the high minimum program was deleveraged by 50% and on Sept 2, 2008 the low minimum program was also deleveraged by 50%. In both cases most investors chose to double their allocation using notional funding in order to maintain the same positions levels.