Newport Private Capital, LLC

Optimum Income Program

Year-to-Date
N/A
Minimum Investment
250,000
Management Fee 2.00%
Performance Fee 20.00%
Annualized Volatility 4.88%
Sharpe (RFR=1%) 0.66
CAROR 4.18%
Assets 18,365,390
Worst Drawdown -14.45
S&P Correlation -0.22

Summary

OPTIMUM INCOME PROGRAM --- The strategy is to generate income by selling short-term options on the S&P 500 Index futures contract at strike prices that are significantly out-of-the-money. It is designed to be free from directional bias so that we can potentially profit in up or down markets. Generally, we only trade short term options because it is easier to forecast the potential move in the S&P over a three to five week time frame than it is over a three to five year time frame, which is the time horizon most money managers use as their holding period for stocks.