Multi-Strategy Futures Program
Objective
The program, which began trading in 2010, trades 35 liquid futures market contracts across a diversified range of sectors, including financials, metals, energy, and agriculturals, with the objective of achieving consistent capital growth that is uncorrelated with major global investment indices to add diversification to most portfolios.
Investment Strategy
Past performance is not necessarily indicative of future results.
Risk/Return Comparison
Investment Strategy History
Brad Paskewitz began developing futures forecasting models in 1987.
- Mr. Paskewitz established several trading desks and oversaw systematic trading teams that utilized techniques such as neural networks, statistical pattern recognition, genetic algorithms, and data visualizations.
- Leveraging his decades of research and trading experience, Mr. Paskewitz started his own firm and launched the Contrarian 500 program in December 2003 under the name of Paskewitz Asset Management, a registered Commodity Trading Advisor.
- The original design was based on three (3) contrarian models largely driven by pattern recognition.
- Our models leverage machine learning to adapt to new information and market conditions, providing investors the potential for a robust return over long-term.
RETURNS
Growth of 10k
Drawdowns
Annual Returns vs S&P 500
| Contrarian 500 (Net) | S&P 500 Index | Barclay CTA Index | |
|---|---|---|---|
| 2021 YTD | -0.83 | 5.77 | 2.10 |
| 2020 | 8.72 | 16.26 | 5.45 |
| 2019 | 2.48 | 28.88 | 5.17 |
| 2018 | -19.10 | -6.24 | -3.17 |
| 2017 | 4.66 | 19.42 | 0.70 |
| 2016 | 3.70 | 9.54 | -1.23 |
| 2015 | 12.68 | -0.73 | -1.50 |
| 2014 | 2.34 | 11.39 | 7.61 |
| 2013 | -6.09 | 29.60 | -1.42 |
| 2012 | 6.08 | 13.40 | -1.70 |
| 2011 | 8.01 | 0.00 | -3.09 |
| 2010 | -6.77 | 12.78 | 7.05 |
| 2009 | 3.02 | 23.45 | -0.10 |
| 2008 | 32.36 | -38.49 | 14.09 |
| 2007 | 39.19 | 3.53 | 7.64 |
| 2006 | 38.98 | 13.62 | 3.54 |
| 2005 | 14.06 | 3.00 | 1.71 |
| 2004 | 17.30 | 8.99 | 3.30 |
| 2003 | -0.14 | 5.08 | 3.43 |
| Contrarian 500 | S&P 500 | Barclay CTA | |
| Annualized Return | 8.26% | 7.93% | 2.76% |
Performance & Risk Statistics
| Contrarian 500 (Net) | S&P 500 Index | Barclay CTA Index | |
|---|---|---|---|
| Cumulative Return | 318.97% | 295.13% | 61.30% |
| Annualized Return | 8.57% | 8.21% | 2.78% |
| Average Monthly Return | 0.77% | 0.75% | 0.24% |
| Annualized Volatility | 14.31% | 14.36% | 5.26% |
| Sharpe Ratio | 0.59 | 0.57 | 0.51 |
| Sortino Ratio | 0.78 | 0.70 | 0.97 |
| Alpha (vs. S&P 500) | 7.82% | - | 2.44% |
| Beta (vs. S&P 500) | 0.08 | - | 0.03 |
| Correlation (vs. S&P 500) | 0.08 | - | 0.09 |
| Correlation (vs. Barclay CTA) | 0.04 | 0.09 | - |
| % of Positive Months | 61.24% | 65.55% | 53.59% |
| Maximum Drawdown | -26.41% | -52.56% | -9.91% |
Monthly Returns
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | YTD | S&P 500 | Barclay CTA | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | -0.56 | -1.09 | 6.03 | -0.19 | -4.10 | -0.37 | -0.55 | -4.04 | 1.21 | ||||||
| 2019 | 0.83 | 0.44 | 0.57 | -0.02 | -1.15 | 1.37 | 0.15 | -1.37 | -0.98 | -1.72 | 0.62 | -2.54 | -3.81 | 28.88 | 5.17 |
| 2018 | -3.75 | -4.16 | -0.21 | -2.32 | -1.22 | 0.23 | 0.39 | 2.72 | -2.08 | -5.32 | 0.12 | -0.58 | -15.28 | -6.24 | -3.17 |
| 2017 | -0.34 | -2.42 | -0.61 | -0.14 | -1.09 | -0.23 | 0.72 | -0.30 | -0.42 | -0.64 | -1.86 | 0.08 | -7.05 | 19.42 | 0.70 |
| 2016 | -7.03 | -1.37 | 5.45 | -0.73 | 2.03 | -3.65 | 0.08 | 0.27 | 3.98 | -2.04 | 1.38 | -0.60 | -2.80 | 9.54 | -1.23 |
| 2015 | 1.87 | 0.53 | 2.26 | 3.04 | 3.26 | -1.65 | 1.97 | -0.44 | -4.49 | 1.07 | -0.88 | 1.39 | 7.93 | -0.73 | -1.50 |
| 2014 | -4.61 | 0.77 | -2.45 | -2.50 | -1.93 | 0.24 | -0.69 | -1.16 | 1.49 | -1.04 | -1.26 | 0.81 | -11.80 | 11.39 | 7.61 |
| 2013 | 1.78 | -0.61 | -0.44 | 1.06 | -7.30 | -1.49 | -0.45 | 0.09 | -1.66 | -1.39 | 2.59 | -3.49 | -11.08 | 29.60 | -1.42 |
| 2012 | 0.69 | -4.70 | -0.83 | -1.14 | -4.16 | 8.65 | 1.92 | 1.43 | -0.07 | -1.01 | -0.87 | -2.25 | -2.93 | 13.40 | -1.70 |
| 2011 | -0.03 | 1.50 | -3.43 | 1.48 | -1.26 | -2.51 | 6.55 | -0.83 | 0.86 | 6.14 | -3.26 | -1.93 | 2.73 | 0.00 | -3.09 |
| 2010 | 1.34 | -1.88 | 2.30 | 0.25 | 3.06 | 2.68 | 2.09 | 2.03 | 12.40 | 5.98 | 7.20 |
PERFORMANCE DISCLOSURE
The historical performance presented from December, 2003 to December 31, 2019 reflects actual performance results that have been adjusted on a pro-forma basis to reflect an annual 2% management fee and an incentive fee of 20%. The performance information presented for the period after January 1, 2020 has been adjusted to reflect the actual fees charged to the program being offered. The management fees range from 0% to 1.5% and performance fees range from 5% to 20%. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown.
DISCLAIMER
Past performance is not necessarily indicative of future results. The advisor’s trading program involves substantial risks and investments can be made on the basis of a trading advisory agreement. The risk of loss in trading commodities and futures can be substantial. PURSUANT TO AN EXEMPTION FROM THE COMMODITY FUTURES TRADING COMMISSION IN CONNECTION WITH ACCOUNTS OF QUALIFIED ELIGIBLE PERSONS, THIS ACCOUNT DOCUMENT OR BROCHURE OF THE TRADING ADVISOR IS NOT REQUIRED TO BE, AND HAS NOT BEEN, FILED WITH THE COMMISSION. THE COMMODITY FUTURES TRADING COMMISSION DOES NOT PASS UPON THE MERITS OF PARTICIPATING IN A TRADING PROGRAM OR UPON THE ADEQUACY OR ACCURACY OF THE COMMODITY TRADING ADVISORS DISCLOSURE INFORMATION. CONSEQUENTLY, THE COMMODITY FUTURES TRADING COMMISSION HAS NOT REVIEWED OR APPROVED THIS TRADING PROGRAM OR THIS ACCOUNT.
Prior to May 2020, Strategic Capital Advisors, LLC was called Paskewitz Asset Management LLC.