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Program Details

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Tactical Investment Management Corp. 

Tactical Institutional Commodity Program

Manager: David Druz, MD

Address: P.O. Box 976, Haleiwa, CA, 96712, U.S.A.

PAST PERMORMANCE IS NOT INDICATIVE OF FUTURE RETURNS.

Overview

Program Type:CTA
Inception Date:Feb 22, 1993
AUM:$66,274,882
QEP:Yes
Incentive Fee:20%
Annual Mgt Fee:2%
Min Investment:$2,000
Disclosure Doc:View
Performance Program S&P 500
Total ROR:3654.00%427.86%
Annual ROR:16.25%7.15%
YTD:-0.81%6.49%
1 Year:-2.38%15.44%
Alpha:1.28
Beta:0.00
Statistics Program S&P 500
Average Monthly Gain:6.17%4676.99%
Average Monthly Loss:-4.36%-2.60%
Winning Months:161257
Losing Months:12832
Current DD:7.010.00
Max DD:41.4852.56
Sharpe Ratio (RF 1%):0.62
Annualized Std Dev:24.71

Methodology

Discretionary:0%
Systematic:100%

Strategy

StrategySingle Strategy
DirectionalLong / Short
Holding PeriodLong Term
---------------------------

Monthly Returns as Percentage by Year

JanFebMarAprMayJunJul AugSepOctNovDecYTD
20171.98-2.100.31-0.96-0.81
20161.485.40-2.475.700.824.110.01-6.22-1.72-0.603.33-0.968.52
20159.53-4.170.56-3.84-0.13-9.094.386.992.27-4.582.34-2.250.46
2014-1.262.220.515.38-3.162.8014.422.3416.31-12.787.999.9250.07
20131.41-4.79-0.15-3.120.59-0.50-2.25-2.77-4.85-0.11-0.111.29-14.56
2012-2.270.45-5.431.00-0.63-0.7121.171.22-2.06-5.74-3.39-0.161.04
2011-8.399.45-7.7113.53-15.27-7.431.193.300.82-10.52-6.77-0.43-27.87
2010-1.63-3.234.882.26-2.403.24-0.54-3.6519.9818.279.2310.5568.92
20090.30-1.12-8.39-2.6515.67-3.405.3310.29-1.99-1.4910.46-1.9820.02
20088.0921.39-7.180.142.056.78-12.30-1.64-1.1526.621.381.9848.35
2007-6.33-1.68-7.158.58-0.616.76-1.66-10.4926.033.69-7.521.916.81
200616.31-6.106.9415.831.00-2.61-10.064.52-4.15-0.288.02-3.7924.26
2005-4.201.12-3.78-3.034.16-0.47-3.806.900.71-4.019.145.226.98
20044.5114.381.44-18.94-7.83-7.316.49-3.175.984.0012.750.398.03
200310.479.08-7.414.316.11-6.42-7.000.341.7112.69-2.046.7529.25
2002-5.520.90-0.43-3.559.829.783.654.483.59-3.012.279.5834.58
2001-1.792.4613.89-7.743.043.61-3.371.995.298.13-9.621.5516.24
20003.82-0.18-4.051.348.37-3.59-1.203.46-1.014.579.678.6432.73
1999-9.341.84-7.463.90-8.46-1.690.752.464.66-12.912.853.21-20.21
1998-1.04-3.36-1.72-3.553.274.67-0.8416.37-1.51-1.66-5.158.7412.96
19979.128.51-1.67-4.866.84-9.3612.243.864.03-2.050.133.9332.60
1996-6.84-3.294.3526.14-5.150.52-6.384.177.358.538.96-6.3331.12
1995-5.921.6212.885.3211.170.33-5.94-4.53-2.331.625.2526.2850.17
1994-10.55-11.640.830.238.462.69-3.59-5.643.482.7012.712.78-0.36
19931.755.473.1013.164.84-6.22-3.534.133.4927.97

PAST PERMORMANCE IS NOT INDICATIVE OF FUTURE RETURNS.

Program Info

The Tactical INSTITUTIONAL COMMODITY PROGRAM began trading in 1993. It is the current offering of the Tactical Commodity Trading Program which has continuously traded for clients since 1981. The Institutional Commodity Program has lower leverage and costs than our preliminary 1981-1999 offering but is otherwise identical.

The program is based on capturing hedgers' risk premium in commodity and foreign exchange markets. It employs an extra long term, systematic methodology which frequently holds positions (with rolls) for more than a year. Physical commodity futures always make up over half the portfolio weighting. Performance includes interest income and is net of all fees and commissions.

Company Info

Tactical is a Michigan Corporation registered with the CFTC as a CTA and CPO. It was founded by Dr. Dave Druz in 1980 with offices in Hawaii, Nevada and Illinois.

Manager Info

Dr. Dave Druz was formally educated in engineering, with an emphasis in computer science, and in medicine. While pursuing his education, Dr. Druz became fascinated with markets and market theory and began managing his own futures account in 1975. He developed the Tactical Trading System over the next five years.

Dr. Druz is considered to be an authority on trading systems and is often consulted in regard to their construction, testing , and implementation. He is the President, principal, and sole shareholder of Tactical.