Get your independent performance analysis by The Barclay Institutional Report. Versatile market approach. IRA and other retirement plans approved. Also receive a bonus report: Secrets to Successful Investing.Trading futures involves substantial risk of loss and is not suitable for all investors. This offer is not available to information seekers. It is only for investors seriously interested in learning more about FCI, and who are in the financial position and suitable for speculation. Sorry, not available to students or brokers.
Financial Commodity Investments (Option Selling Strat.)July 2007
ANNUAL RETURNS2003 2004 2005 2006 2007 YTDAdvisor N/A 26.34% 38.22% 58.52% 13.57%Barclay CTA Index 8.69% 3.30% 1.71% 3.54% 2.26%Funds Managed (Mil.) $ N/A $ 0.25 $ 0.34 $ 4.32 $ 25.61
ACCOUNT INFORMATION REWARD/RISK RATIOS3-Years CumulativeMgmt. Fee: 2.00% M/E Ratio: 40.00 Sharpe Ratio: 2.12 2.21Incentive Fee: 20.00% Options: 80% Sterling Ratio: N/A N/AMin. Acc: $ 100K Discretion: 100 Barclay Ratio: 3.85 3.52Rt/yr/$Million: 5000 Interbank: N/A Efficiency Index: 2.33 2.43
PERFORMANCE ANALYSIS PORTFOLIO COMPOSITIONStart Date: July 2004 Currencies: 0% Energy: 25%Total Return Since Inception: 214.41% Equities: 0% Grains: 25%Compounded Average Annual ROR: 44.99% Interest Rates: 0% Meats: 5%Average Monthly ROR: 3.28% Base Metals: 0% Precious Metals: 20%Std. Deviation of Monthly ROR: 5.35% Softs: 25% Stock Indices: 0%Winning Months: 28 Average Gain: 5.14% SSF: 0% VIX: 0%Losing Months: 9 Average Loss: -2.49% Other: 0%
RELATIVE VOLATILITY CORRELATIONSLoss of 25% or more: 0.02% Barclay CTA Index: 0.22 S&P 500 0.01Loss of 50% or more: 0% US Treasury Bonds: -0.20 EAFE 0.26Loss of 75% or more: 0% World Bonds: -0.01
DRAWDOWN REPORT TIME WINDOWS
Depth Length Recovery Start Date End Date Length Best Worst Average(Mos.) (Mos.) (Mos.)16.26% 4 2 Mar 05 Jul 05 1 20.30% -8.30% 3.28%3.44% 2 2 Aug 06 Oct 06 3 43.31% -11.57% 10.41%1.00% 1 1 Jul 04 Aug 04 6 67.47% -13.31% 21.71%0.60% 1 1 Dec 04 Jan 05 9 85.67% -7.28% 34.65%0.18% 1 1 Feb 07 Mar 07 12 111.69% 2.80% 51.87%18 157.60% 70.15% 94.36%24 188.80% 107.92% 135.35%
THE BARCLAY INSTITUTIONAL REPORTPAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. THE RISK OF LOSS INHERENT IN AN OPTIONS WRITING PROGRAM ISSUBSTANTIAL. AN INVESTOR COULD POTENTIALLY LOSE MORE THAN THE INITIAL INVESMENT. INVESTORS MUST READ THE CURRENTDISCLOSURE DOCUMENT BEFORE THEY INVEST.A COMPLETE DISCUSSION OF FEES AND CHARGES ARE REPORTED IN THE CTA's DISCLOSURE DOCUMENT. SPECIFICALLY, ONE SHOULDRECOGNIZE THAT AN INTRODUCING BROKER MAY CHARGE A FRONT-END START UP FEE OF UP TO 6% OF THE INITIAL CONTRIBUTION.PLEASE NOTE THAT THIS CHARGE IS NOT REFLECTED IN THE PERFORMANCE OF THE COMMODITY TRADING ADVISOR AND COULD HAVE ASIGNIFICANT IMPACT ON THE CUSTOMERS ABILITY TO ACHIEVE SIMILAR RETURNS.Financial Commodity Investments (Option Selling Strat.) July 2007V A M I vs B A R C L A Y vs S&P 500 PERFORMANCEHISTORYDATE VAMI RORJun 04 1000Jul 04 1059 5.90Aug 04 1048 -1.00Sep 04 1151 9.80Oct 04 1174 2.00Nov 04 1241 5.70Dec 04 1263 1.80Jan 05 1256 -0.60Feb 05 1292 2.90Mar 05 1300 0.60Apr 05 1192 -8.30May 05 1173 -1.60Jun 05 1150 -2.00Jul 05 1089 -5.30RETURNS FOR PRECEDING 12-MO. PERIODS Aug 05 1241 14.00Sep 05 1493 20.30Oct 05 1560 4.50Nov 05 1663 6.60Dec 05 1746 5.00Jan 06 1823 4.40Feb 06 1880 3.10Mar 06 1959 4.20Apr 06 2021 3.20May 06 2211 9.40Jun 06 2293 3.70Jul 06 2305 0.50Aug 06 2627 14.00Sep 06 2580 -1.81Oct 06 2537 -1.66Nov 06 2581 1.72Dec 06 2768 7.28Jan 07 2804 1.30DISTRIBUTION OF MONTHLY RETURNS Feb 07 2815 0.39Mar 07 2810 -0.18Apr 07 3010 7.11May 07 3061 1.70Jun 07 3111 1.61Jul 07 3144 1.08
THE BARCLAY INSTITUTIONAL REPORTPAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. THE RISK OF LOSS INHERENT IN AN OPTIONS WRITING PROGRAM ISSUBSTANTIAL. AN INVESTOR COULD POTENTIALLY LOSE MORE THAN THE INITIAL INVESMENT. INVESTORS MUST READ THE CURRENTDISCLOSURE DOCUMENT BEFORE THEY INVEST.A COMPLETE DISCUSSION OF FEES AND CHARGES ARE REPORTED IN THE CTA's DISCLOSURE DOCUMENT. SPECIFICALLY, ONE SHOULDRECOGNIZE THAT AN INTRODUCING BROKER MAY CHARGE A FRONT-END START UP FEE OF UP TO 6% OF THE INITIAL CONTRIBUTION.PLEASE NOTE THAT THIS CHARGE IS NOT REFLECTED IN THE PERFORMANCE OF THE COMMODITY TRADING ADVISOR AND COULD HAVE ASIGNIFICANT IMPACT ON THE CUSTOMERS ABILITY TO ACHIEVE SIMILAR RETURNS.Financial Commodity Investments (Option Selling Strat.)July 2007
TRADING METHOD
FCI OPTION SELLING STRATEGY utilizes a market neutral trading strategy that does not attempt to forecast market direction. FCI utilizes options on futures to initiate market neutral positions by simultaneously writing out of the money call and put options, followed by appropriate adjustments based on movement of the underlying futures contract. Profits are derived when the price of the options that have been written declines such that the options can be purchased for amounts less than the price at which those options were initial... [download for more]
