Managed Futures Database, Resource & Tools

Program Details

PDFPermalink

Kingsview 

Kingsview Theta Multi Market Method Program

Manager: Phil Silverman

Address: 233 Broadway Suite 2705, New York, NY, 10279, U.S.A.

PAST PERMORMANCE IS NOT INDICATIVE OF FUTURE RETURNS.

Overview

Program Type:CTA
Inception Date:Apr 8, 2010
AUM:$228,423
QEP:No
Incentive Fee:25%
Annual Mgt Fee:2%
Min Investment:$50,000
Disclosure Doc:View
Performance Program S&P 500
Total ROR:-24.61%102.04%
Annual ROR:-14.28%46.76%
YTD:0.00%5.53%
1 Year:0.00%14.71%
Alpha:-0.88
Beta:-0.33
Statistics Program S&P 500
Average Monthly Gain:3.24%4.69%
Average Monthly Loss:-5.43%-3.40%
Winning Months:1111
Losing Months:1111
Current DD:24.613.75
Max DD:27.3717.03
Sharpe Ratio (RF 1%):-0.72
Annualized Std Dev:21.13

Methodology

Discretionary:100%
Systematic:0%

Strategy

DirectionalLong / Short
Holding PeriodLong Term
---------------------------
Option Writing:100%

Monthly Returns as Percentage by Year

JanFebMarAprMayJunJul AugSepOctNovDecYTD
20121.961.96
2011-1.566.421.03-9.241.77-0.05-3.44-10.9311.52-14.41-1.391.80-19.48
2010-1.07-1.041.41-11.15-5.400.314.024.321.09-8.18

PAST PERMORMANCE IS NOT INDICATIVE OF FUTURE RETURNS.

Program Info

The Kingsview Management Multi-Market Program combines a sophisticated limited risk option strategy with Philip Silverman experience trading for hedge funds.
The program attempts to generate a return on investment for its clients by employing a mostly market neutral trading strategy. The strategy consists of buying and selling combinations of options on futures contracts in various markets including index futures markets, metals, interest rates, foods, softs and energies. The traders simultaneously buy and sell out-of-the-money put and call options to collect premium, a strategy commonly known as selling credit spreads. The risks associated with this strategy are both limited and quantifiable.

Company Info

Kingsview Management is a Commodity Trading Advisor, registered with the Commodities and Futures Trading Commission and a member of the National Futures Association. We specialize in managed futures products for an exclusive, high-net worth clientele, offering investment services for retail, institutional and private investors. We believe that our emphasis on client service and our teams experience and success in the financial markets set us apart from the myriad of other investment advisors available. Kingsview Management is focused on the needs of our individual clients, and we strive to help them achieve their investment goals.

Manager Info

Philip Silverman. From 3/17/06 to the present, Mr. Silverman has been a principal of
Kingsview Capital LLC, a registered Commodity Pool Operator, and Kingsview Management
LLC. He was approved as an Associated Person of both Kingsview Capital LLC and Kingsview
Management LLC on 3/24/2006. Mr. Silverman has extensive experience trading the financial
markets and serves as Portfolio Manager of both Kingsview entities. Mr. Silverman was approved
as a principal on 3/10/2010 of Kingsview Trading Services ("KVTS"). Principal status was
withdrawn on 5/1/2010. KVTS was formed to register as an Introducing Broker and the
registration was withdrawn prior to its approval. The entity currently conducts no business. He
was an AP and Branch Manager of the New York office of Direct Futures, LLC, an Introducing
Broker, from 11/16/07 to 5/18/2010. Mr. Silverman became registered as an AP of Kingsview
Financial LLC, an introducing broker as of May 17, 2010. Mr. Silverman is a registered
representative in the securities area with Vision Brokerage Services, a Broker Dealer, since as of
November 30, 2009. Previously, he was registered with Further Lane Securities, L.P., a Broker
Dealer, from November, 2004 to March 2005, Vision from February, 2007 to July 2008 and U.S.
Financial Investments, Inc., a Broker Dealer, from July, 2008 to September, 2009. From June 4,
2003 through March 1, 2006, he held the position of Portfolio Manager and Trader for West End
Financial Advisors LLC, an alternative investment management firm who is the general partner
of several hedge funds, and for West End Financials affiliate company Sentinel Investment
Management Corp, a SEC Registered Investment Advisor, where he managed portfolios for high
net worth individuals and hedge funds. At West End/Sentinel Mr. Silverman took an active role
in the development of trading strategies and new products. Prior to that, from March 1, 2002
until June 4, 2003 he was an analyst and then portfolio manager for Univest Associates, an
investment management firm in a small family office. From May 1998 until February 2002 Mr.
Silverman was self-employed trading his own account. While finishing up his Bachelors degree
Mr. Silverman worked in the Private Client Group of Merrill Lynch and Co. , a global investment
bank and wealth management institution, from February 1996 through January 1998. At Merrill
Lynch Mr. Silverman served as an assistant to a Financial Representative. From February, 1998
through April, 1998 he continued as a student. He holds a Bachelors degree in Biology from the
University of Vermont and a MBA with a concentration in finance from New York University's
Stern School of Business. He has FINRA Series 3, 7, 24, 30 and 63 registrations.