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Conover Investments LLC 

Oil Trading Program

Manager: Joseph Texido

Address: 1806 Hwy 35 Suite 303, Oakhurst, NJ, 07755, U.S.A.

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RETURNS.

Overview

Program Type:CTA
Inception Date:Jul 1, 2007
AUM:$195,474
QEP:No
Incentive Fee:30%
Annual Mgt Fee:1%
Min Investment:$100,000
Disclosure Doc:View
Performance Program S&P 500
Total ROR:44.73%64.29%
Annual ROR:3.90%5.27%
YTD:-2.28%12.03%
1 Year:-0.96%17.97%
Alpha:-0.01
Beta:0.00
Statistics Program S&P 500
Average Monthly Gain:3.61%2273.59%
Average Monthly Loss:-3.27%-2.60%
Winning Months:5983
Losing Months:4932
Current DD:8.020.00
Max DD:35.3152.56
Sharpe Ratio (RF 1%):0.15
Annualized Std Dev:18.83

Methodology

Discretionary:100%
Systematic:0%

Strategy

StrategySingle Strategy
DirectionalLong / Short
Holding PeriodIntraday
---------------------------
Technical Analysis:100%

Monthly Returns as Percentage by Year

JanFebMarAprMayJunJul AugSepOctNovDecYTD
20171.230.070.08-3.890.29-2.28
2016-1.690.382.711.98-2.41-2.27-7.012.656.134.580.960.395.86
20151.351.29-3.061.23-3.72-4.27-1.345.01-0.39-4.822.94-0.40-6.49
2014-0.710.131.61-1.97-1.01-1.634.420.10-2.01-5.165.662.901.84
20130.26-4.945.340.40-1.381.98-0.04-3.371.01-2.34-0.18-1.84-5.35
2012-1.44-3.811.956.803.896.200.010.713.27-0.423.15-0.6820.85
2011-6.48-8.78-0.05-0.421.22-6.97-1.13-0.21-3.165.500.468.60-12.07
20100.69-2.25-0.469.96-0.859.33-0.380.506.400.530.32-0.9924.22
20095.22-3.115.036.67-2.965.074.316.97-11.70-26.7422.4317.60
2008-4.6319.61-3.300.654.341.38
20071.47-7.324.89-1.36

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RETURNS.

Program Info

The Conover Investments LLC Oil Program is a discretionary approach to Futures trading. This program has been continually enhanced over the years to a point where it usually trades once per day and only in the ICE Brent Oil market. However, at times it may be necessary to trade WTI Crude Oil on Globex or to trade more than once per day. The program does not trade options and does not trade on any foreign exchanges. All trades are initiated and liquidated on the same day and no overnight positions are ever maintained. The decision to trade is based upon historic performance but primarily relies upon the previous day's market prices and related short term trading patterns. After the close on any given day it is known as to whether or not a trade will be initiated on the following business day. It is possible that several days may pass before a signal to trade is received.

Company Info

Conover Investments offers a managed futures program to those institutions and individuals who are seeking an alternative asset class. Investors can participate in a trading program that solely trades the Brent crude oil futures market. Based upon a purely technical approach the program usually trades once per day; allowing clients to view the trading results prior to the close of the market. Thus far Conover Investments has delivered exceptional results; especially in comparison to the number of trades executed each month.

Manager Info

Conover Investments Co-Founder and President is Joseph F. Texido. Mr. Texido is 55 years old and has been employed within the futures industry for thirty years, working at major Investment Banks and futures related FCM's. During this time period he has gained extensive knowledge of the industry by working in sales, trading, compliance and managerial positions. In addition, through participation in working groups sponsored by various futures exchanges, industry related organizations and higher learning institutions, he has further enhanced his grasp of this investment arena. Lastly, this in addition to his foreign travels and meetings with European and Asian market leaders has created a well rounded approach to his view about the markets.