Managed Futures Database, Resource & Tools

Program Details

PDFPermalink

Zeno Capital Limited 

Millenium

Manager: Junjun Chen

Address: 601#,H UNIT,BUILDING 3, XI NI YANG GUANG RESIDENCE COMMUNITY,QIN NAN DISTRICT, Qinzhou, MC, 535000, China

PAST PERMORMANCE IS NOT INDICATIVE OF FUTURE RETURNS.

Overview

Program Type:CTA
Inception Date:Nov 1, 2014
AUM:$31,404
QEP:No
Incentive Fee:20%
Annual Mgt Fee:0%
Min Investment:$250,000
Disclosure Doc:View
Performance Program S&P 500
Total ROR:3.81%19.70%
Annual ROR:11.86%71.52%
YTD:0.00%7.90%
1 Year:0.00%15.09%
Alpha:0.99
Beta:-0.05
Statistics Program S&P 500
Average Monthly Gain:0.94%3.97%
Average Monthly Loss:N/A-1.76%
Winning Months:42
Losing Months:02
Current DD:0.000.00
Max DD:0.003.10
Sharpe Ratio (RF 1%):4.31
Annualized Std Dev:2.52

Methodology

Discretionary:0%
Systematic:100%

Strategy

StrategySingle Strategy
DirectionalLong / Short
Holding PeriodLong & Short Term
---------------------------
Pattern Recognition:20%
Technical Analysis:30%
Trend Following:50%

Monthly Returns as Percentage by Year

JanFebMarAprMayJunJul AugSepOctNovDecYTD
20151.270.351.62
20141.810.332.15

PAST PERMORMANCE IS NOT INDICATIVE OF FUTURE RETURNS.

Program Info

In a trending market, the program is designed to take profits in the futures markets using price targets with predetermined stop losses. The trades are taken only if their probable outcomes meet the strict criteria of the proprietary risk control system. Stop-losses are always in place, aiming to avoid holding on to losing positions when
the market is over-reacting or getting trapped in trades with low reward. The trading program specializes in trading
the currency futures indexes. The philosophy behind development of the Millenium program is to only trade in clear market patterns lacking the intraday volatility that tends to trigger stop losses. Because the system is designed to trade specific patterns, trade volume is low and exposure to risk tends to be lower due to infrequent trading. The advisor
regularly evaluates market volatility and other technical behavior and adapts the strategies entry, and position sizing
criteria to current market conditions. Zeno Capital, Limited may also trade accounts using options strategies, including purchasing options to initiate positions or manage risk on open futures positions, selling uncovered or
"naked" options for the purpose of generating additional income and using both credit and debit spread strategies.
For the Millenium Trading Program, the Advisor will generally attempt to limit risk between half percent (0.5%) and three percent (3%) of an account's equity per trade. However there is no assurance that losses on any given trade will be limited to these amounts. Stop loss points are determined at the time a trade is initiated. Please note that stop loss orders become market orders when activated and therefore, there is no assurance that such orders will be filled at the stop loss points. Further, stop loss orders may not necessarily limit losses to the determined amounts in the event that
market conditions make it impossible to execute such orders. Options may also be used in an attempt to protect existing futures positions.

Company Info

Mr. Junjun Chen is the President and trading principal of Zeno Capital, Limited. (Zeno Capital) a company organized
in Hong Kong, China on March 28th, 2014. The CTA has its place of business at #601, H Unit, Building 3, Xi Ni Yang Guang Residence Community, Qin Nan District, Qin Zhou City, Guang Xi Province, China. The phone number of the firm is 86+1-308-777-2008. Zeno Capital, Limited has been registered with the Commodity Futures Trading Commission ("CFTC") as a Commodity Trading Advisor ("CTA") since August 11th, 2014 and a member of
the National Futures Association ("NFA") since that date. Prior to becoming registered as a CTA, the firm developed
and validated profitable trading strategies using automated systematic Futures and currency trading.

Manager Info

Mr. Junjun Chen, was listed as a Principal of Zeno Capital, Limited on August 11th, 2014 and registered as an
Associated Person ("AP") of Zeno Capital, Limited. on that date. In March, 2014, he formed, and is the only principal of Zeno Capital, Limited. Mr. Chen has been a self employed full-time trader since 2007, specializing in Currencies, metals and index Futures. During this period Mr. Chen did a great deal of studying in technical and fundamental analysis, committed to developing and back testing trading systems, and has gained a lot of experience in trading and fund management skills. Mr. Chen has been, and continues to trade for his own forex and futures
account and during that time has developed the program being offered herein.