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Covenant Capital Management 

Optimal Program

Manager: Brince Wilford

Address: 4122 Elder Place, Nashville, TN, 37215, U.S.A.

PAST PERMORMANCE IS NOT INDICATIVE OF FUTURE RETURNS.

Overview

Program Type:CTA
Inception Date:Feb 1, 2014
AUM:$6,658,000
QEP:Yes
Incentive Fee:20%
Annual Mgt Fee:2%
Min Investment:$300,000
Disclosure Doc:View
Performance Program S&P 500
Total ROR:201.40%32.54%
Annual ROR:275.81%40.23%
YTD:0.00%5.53%
1 Year:0.00%14.71%
Alpha:17.38
Beta:-2.18
Statistics Program S&P 500
Average Monthly Gain:23.52%2.27%
Average Monthly Loss:-7.91%-1.53%
Winning Months:78
Losing Months:32
Current DD:0.000.00
Max DD:21.971.55
Sharpe Ratio (RF 1%):2.95
Annualized Std Dev:93.30

Methodology

Discretionary:0%
Systematic:100%

Strategy

StrategySingle Strategy
DirectionalLong / Short
Holding PeriodLong Term
---------------------------
Trend Following:100%

Monthly Returns as Percentage by Year

JanFebMarAprMayJunJul AugSepOctNovDecYTD
201429.82-10.82-6.23-6.691.790.3319.2079.668.7325.12201.40

PAST PERMORMANCE IS NOT INDICATIVE OF FUTURE RETURNS.

Program Info

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Company Info

Founded in 1999, Covenant Capital Management, LLC ("CCM") is an alternative asset manager managing over $190 million across its programs as of November 30, 2009. Specifically, CCM is registered with the Commodity Futures Trading Commission as a Commodity Trading Advisor (CTA), and manages client assets using global futures markets as an investment vehicle. CCM currently trades in over 30 different markets including equity indexes, fixed income, foreign exchange, agricultural, metals, soft commodities, and energy.
CCM's investment strategy is rooted in strict adherence to a quantitative and mechanical trading program that is engineered to generate profits from the non-normal distribution of price move-ments in financial markets. Freely traded market moves follow a non-normal distribution curve highlighted by large tails, narrow mid-ranges and a high peak. This phenomenon is measurable and has been thoroughly evidenced in academia. CCM does not try to predict when trends will emerge, how long they will last, or even how high or low they will go. The only prediction that CCM makes is that trends will continue to emerge as a function of the market place.
CCM's goal is to capture these large and unexpected price changes in the most efficient manner possible providing competitive risk adjusted returns over a five year investment horizon.
CCM offers two primary programs, the Original Program and the Aggressive Program. The Ag-gressive Program is a more leveraged version of the Original Program.

Manager Info

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