Winkler Capital Management

Storojinets-FX Program

Year-to-Date
N/A
Minimum Investment
$ 50,000
Management Fee 2.00%
Performance Fee 5.00%
Annualized Volatility 8.21%
Sharpe (RFR=1%) 0.17
CAROR 2.07%
Assets $45,679
Worst Drawdown -14.86
S&P Correlation 0.24

Summary

-&The Trading Program& &The principal technical trading strategies used by the Advisor to generate signals for buy and sell points have been developed through both computer analysis of historical foreign exchange trading data and actual trading experience. The Advisor prefers to only trade strategies that can demonstrate profitability through mathematical back testing, although such testing can provide no assurances that WCM?s methods will be profitable in the future.& &Since the trading strategies employed by the Advisor are mechanical and computerized, discretion is only applied during extraordinary situations. This could occur, for example, when WCM determines that markets are illiquid or erratic, such as may occur before, during or after holidays, or on the basis of irregularly occurring market events. & &The exact details of WCM?s trading strategies are proprietary and confidential. The following descriptions are of necessity general and are not intended to be all-inclusive. WCM currently trades one foreign exchange program, Storojinets-FX.& Storojinets-FX Program &The Advisor is the sole developer of the Storojinets-FX Program. The Storojinets-FX Program trades the spot (cash) foreign exchange (forex or FX) market exclusively. The Advisor has decided to trade the cash forex market instead of the futures forex market because of the greater liquidity of the cash forex market versus the futures forex market, which the Advisor believes results in better order execution. The Storojinets-FX Program is a short-term, systematic trading system that does not have a long-side or short-side bias. Positions are typically held approximately five days. All positions are closed at approximately the close of the trading day on Friday afternoon; no positions are held over to the following trading week. It is the Advisor?s opinion that it is easier to predict short-term changes in price rather than long-term price changes. For example, given the price of a particular foreign currency pair, it is the Advisor?s opinion that it is easier to make a judgment as to what the approximate price of that currency will be three days from now as opposed to three months from now. Stop-loss orders are always in place, with the maximum risk per trade set at approximately 4% of assets, and leverage per trade set at approximately 2x assets. Risk is further mitigated by not maintaining constant exposure to the currency markets. The program is out of the market approximately 50% of the time. The Storojinets-FX Program is systematic and technical in nature, not dependent upon fundamental analysis. Furthermore, it utilizes a trading methodology that is not dependent upon long-term trend following techniques, and therefore has the potential to be profitable in various market environments.& The Storojinets-FX Program attempts to exploit the price movements of the various cross rates amongst the Euro, the Japanese Yen, the British Pound, and the Swiss Franc. The Advisor reserves the right to add or delete trading in various currency pairs that in the Advisor?s judgment would be in the best interest of clients.