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AIS Capital Management, L.P. 

MAAP 2x-4x Composite

Manager: John Hummel

Address: 187 Danbury Road, Wilton, CT, 06897, U.S.A.

PAST PERMORMANCE IS NOT INDICATIVE OF FUTURE RETURNS.

Overview

Program Type:CTA
Inception Date:Oct 1, 1992
AUM:$25,006,115
QEP:No
Incentive Fee:20%
Annual Mgt Fee:2.7%
Min Investment:$250,000
Disclosure Doc:View
Performance Program S&P 500
Total ROR:192.31%470.66%
Annual ROR:4.46%7.34%
YTD:-2.51%6.49%
1 Year:-13.06%15.44%
Alpha:-0.21
Beta:0.00
Statistics Program S&P 500
Average Monthly Gain:6.10%4626.43%
Average Monthly Loss:-6.35%-2.60%
Winning Months:167263
Losing Months:12832
Current DD:76.600.00
Max DD:76.8452.56
Sharpe Ratio (RF 1%):0.12
Annualized Std Dev:28.23

Methodology

Discretionary:100%
Systematic:0%

Strategy

StrategySingle Strategy
DirectionalLong / Short
Holding PeriodLong Term
---------------------------
Counter Trend:10%
Fundamentals:80%
Trend Following:10%

Monthly Returns as Percentage by Year

JanFebMarAprMayJunJul AugSepOctNovDecYTD
20173.953.34-5.59-3.87-2.51
20164.762.96-2.1910.17-1.852.66-8.34-0.734.44-2.91-4.470.413.65
20154.29-5.52-2.455.06-2.78-0.89-11.832.57-0.56-5.41-10.56-3.24-28.37
2014-4.3612.321.350.80-3.471.85-11.42-7.25-11.70-7.75-8.25-4.10-36.47
20135.60-10.480.17-5.31-3.78-9.283.8511.84-10.27-7.19-4.141.38-26.43
20126.306.36-2.731.70-24.1911.9512.7510.760.70-6.190.44-2.1910.01
2011-2.046.288.179.99-9.19-7.619.937.89-30.2112.13-3.02-2.58-8.87
2010-18.825.474.443.03-10.15-0.929.50-7.1023.0011.942.9019.0640.74
2009-7.43-8.6311.683.9939.04-8.555.08-4.067.707.9014.61-2.0364.30
20089.7119.50-7.062.818.1717.74-14.32-15.94-12.81-33.82-22.28-7.62-52.39
20070.627.71-1.08-1.730.581.343.42-2.2718.479.07-0.9310.8754.04
20066.24-9.289.3315.05-2.54-6.493.37-9.51-12.149.2412.65-9.351.29
20050.3216.294.64-5.910.803.065.874.622.15-11.57-3.5911.6428.50
20044.1410.8211.61-7.93-2.31-2.183.753.693.047.772.22-10.4523.93
20036.5810.57-14.42-6.656.16-2.055.236.404.585.332.089.3434.76
2002-2.96-1.513.810.26-5.863.305.225.193.93-12.92-4.924.58-3.65
2001-0.912.8910.33-4.23-6.10-0.15-2.150.292.363.62-2.490.693.22
20000.074.90-3.25-8.824.3810.00-9.0111.73-4.146.45-1.46-1.387.19
1999-3.854.164.745.69-7.0113.831.282.14-6.62-1.828.617.7330.22
1998-3.31-3.83-10.72-5.91-0.75-7.7910.67-7.27-12.96-0.3612.349.21-21.94
19971.700.32-2.40-4.59-5.690.92-0.69-8.661.33-5.083.616.72-12.77
19965.88-10.6413.395.82-1.048.31-7.929.145.823.220.757.2044.26
19954.003.856.574.111.360.520.515.974.38-1.920.12-9.1821.05
1994-5.06-8.488.078.384.960.438.08-9.62-1.241.52-3.30-0.231.36
19931.671.49-2.30-0.977.726.772.037.432.581.293.263.6840.00
1992-3.220.972.13-0.20

PAST PERMORMANCE IS NOT INDICATIVE OF FUTURE RETURNS.

Program Info

MAAP is a discretionary long-term investment process using global economic analysis and technical study of trends to determine the direction and size of futures positions. The MAAP investment process considers both trend-following strategies and valuation levels in making adjustments to size and direction. MAAP maintains long, short or neutral positions in Equities, Fixed Income, Currency, Metals, Agricultural, and Energy. AIS believes that global economic growth rates, inflation trends, government policies, currency and interest rate trends, and demographic factors all interact to impact price trends in the various markets traded. Fundamental conditions, quantitative and systematic models, and technical analysis determine the timing of and size of new or adjusted positions.

Company Info

AIS Capital Management, L.P. (AIS) is an investment management firm focused on absolute-return strategies in global financial markets. Relying on its thorough understanding of the driving forces behind price action in global markets, the investment team has developed and implemented discretionary global macro strategies.

Independent Thinkers

AIS provides asset management based on the principle that successful investing often requires independent thinking to develop appropriate investment strategies. We base our decisions on extensive analysis of global macro-economic factors and asset valuations, and we draw on decades of investment experience.

Systematic and Discretionary

Advantage in Flexibility

Markets have changed dramatically over the last several decades. Since 2008 in particular, markets have become more highly correlated and coordinated global monetary policy has exerted a significant impact. The ability to move nimbly amongst non-traditional market sectors has become increasingly important. AIS has an advantage in being a smaller firm with great flexibility. We can respond quickly to changing market environments. Furthermore, AIS is an independent, privately- held firm and we do not face any liquidity issues associated with extended lines of credit.

Highly Liquid and Transparent

AIS only invests in highly liquid instruments that trade on major exchanges.
Investment Team

AIS was founded in 1992 by John Hummel and Brad Stern, both of whom are still principals in the firm as well as majority owners. Steve Edwards and John Zhang later joined AIS and are also principals of the firm. All four principals oversee the management of AIS's investment programs (see Bios for more information on AIS's principals and other team members).

AIS Capital Management, L.P. maintains registrations with U.S. Securities and Exchange Commission (SEC) as an investment advisor and with the National Futures Association (NFA) as a Commodity Trading Advisor (CTA) and Commodity Pool Operator (CPO).

Manager Info

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