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Program Details

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Side Op, LLC 

Side Op Trading Program

Manager: Robert Schroeder

Address: 621 S. Plymouth, Floor 1, Chicago, IL, 60610, U.S.A.

PAST PERMORMANCE IS NOT INDICATIVE OF FUTURE RETURNS.

Overview

Program Type:CTA
Inception Date:Apr 1, 2013
AUM:$100,000
QEP:No
Incentive Fee:20%
Annual Mgt Fee:2%
Min Investment:$25,000
Disclosure Doc:View
Performance Program S&P 500
Total ROR:7.44%51.94%
Annual ROR:33.27%432.93%
YTD:0.00%6.49%
1 Year:0.00%13.70%
Alpha:2.29
Beta:0.18
Statistics Program S&P 500
Average Monthly Gain:2.43%1.95%
Average Monthly Loss:N/A-1.50%
Winning Months:32
Losing Months:01
Current DD:0.001.50
Max DD:0.001.50
Sharpe Ratio (RF 1%):7.85
Annualized Std Dev:4.11

Methodology

Discretionary:100%
Systematic:0%

Strategy

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

Monthly Returns as Percentage by Year

JanFebMarAprMayJunJul AugSepOctNovDecYTD
20131.433.742.117.44

PAST PERMORMANCE IS NOT INDICATIVE OF FUTURE RETURNS.

Program Info

Side Op is a Commodity Trading Advisor (CTA) managed trading program fun by Robert Schroeder whose primary goal is to find the most attractive "short option" opportunities. The program's success will be measured against major investments benchmarks like the SP 500, Dow Jones etc. The long term goal it to provide consistently attractive returns, with contained drawdown. The object is to achieve positive investment returns by attempting to sell protective long options other CTA & Hedge Funds use as "protection" in their short option spread strategies. In order to potentially be successful in such a strategy brokerage fees are charged at a minimum amount. The options strategy is designed to potentially succeed in all market environments using short options on futures contracts by adjusting with change in volatility in a diversified group of futures markets. All short options are designed to be held until they expire or can be bought back at or near the lowest denomination it trades in. In the event an extreme market movement results in the short option to rise in price it is the plan to purchase or roll strike further away from the "money"(current market price) if the option triples in price. The margin to equity ratio is targeted for a max of 50%.

Company Info

Side Op, LLC's primary business is to provide capital appreciation to retail and institutional client accounts by
managing their accounts pursuant to Side Op, LLC's proprietary trading program on commodity futures
contracts and options on futures. Side Op, LLC reserves the right to use options only or futures only or a
combination of futures and options on futures in its trading program. Although the risk of loss exists in
futures and options trading, Side Op, LLC studies the futures and option markets with the goal of developing
strategic investment approaches to add positive performance to investment portfolios.

Manager Info

Robert Schroeder brings years of experience to his Side Op Trading program. He began his career in 1995 on the trading floors of the Chicago Board of Trade (CBOT) before moving to First American Discount in 1997, where he focused on technical analysis, studying under former CBOT Chairman Bill Mallers. After First American was purchased by MF Global in 2000, Robert was head trader of one of MF Gobal's high-volumn desks. There he focused on managed futures and execution for hedge funds, CTAs and high-net-worth individuals. Robert also worked with individuals and corporations on trading strategies, technical analysis and risk management. By working with these different traders he has learned multiple complex strategies on how to maximize profits in the futures options markets. In 2012 Robert became one of the original & head brokers of RCM Asset Management where he is still the head of execution. It is believed that the execution experience & activity helps to keep Robert's pulse on a number of different markets & assistance with his ability to find &take advantage of different opportunities that may exist in the different market places.