ADG Capital Management LLP

ADG Systematic Macro *QEP*


Monthly Performance (%)

Date Range: 04/13 - 10/20
  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec  YTD 
2020 -3.31 -2.37 0.40 -2.36 -1.67 -3.69 1.45 0.44 -2.09 2.71   -10.20 
2019 -0.42 0.66 -0.81 2.03 -2.25 -0.41 0.28 -1.71 3.56 1.08 -0.84 0.38  1.42 
2018 -1.09 4.11 1.85 0.65 -0.66 0.18 -0.41 -1.01 -1.18 3.05 -1.83 -0.11  3.42 
2017 -0.53 1.86 2.72 2.66 1.44 -3.68 -1.26 0.09 0.16 2.53 -0.33 -3.36  2.05 
2016 3.27 4.38 -1.63 1.46 1.10 0.97 2.12 0.34 0.58 2.23 -4.01 3.00  14.40 
2015 4.79 -1.33 3.88 -0.18 1.44 -3.90 3.81 -3.52 2.77 -1.00 1.22 -3.60  3.92 
2014 3.77 0.72 2.28 0.67 3.60 -0.02 -1.47 4.77 -0.71 0.72 5.32 -0.86  20.15 
2013 0.42 -2.02 2.85 -1.25 3.91 2.36 0.02 -2.83  3.30 

Note: Estimated returns are used for the most recent reported monthly ROR or appear in italics. All performance data is since program inception.

Strategy Description

The ADG Systematic Macro Fund employs a multi asset directional and relative value macro strategy. It seeks to deliver annualised returns of cash plus 10-12% net of fees whilst maintaining low correlation with traditional asset classes as well as with other hedge fund strategies, particularly over the long term and during tail events. The strategy is systematically implemented and is based on proprietary computer software, which through multi-factor analysis of macroeconomic and market variables, produces recommended portfolios and trades. The methodology makes use of theory based analysis of markets and advanced risk management techniques. Only liquid listed futures and FX forward contracts are used.

Performance Statistics

Date Range: 04/13 - 10/20
  Program S&P 500 Coquest 40 
Total Return 41.85% 143.33% 7.07% 
Annualized Return 4.77% 12.44% 0.90% 
Annualized Std. Deviation 7.89% 13.33% 8.20% 
Correlation -0.04 0.32 
Sharpe Ratio (rf=2.5%) 0.29 0.75 -0.19 
Worst Month -4.01% -12.35% -6.10% 
Date of Worst Month 11/2016 03/2020 02/2018 
Worst Drawdown -13.65% -19.60% -13.63% 
Date of Worst Drawdown 5/17 - 9/20 12/19 - 3/20 3/15 - 1/19 

Note: Estimated returns are used for the most recent reported monthly ROR or appear in italics. All performance data is since program inception.

Annual Performance (%)

Date Range: 04/13 - 10/20
Year or YTD Program S&P 500 Coquest 40 
2020 -10.20 2.77 -3.54 
2019 1.42 31.50 7.53 
2018 3.42 -4.38 -4.29 
2017 2.05 21.84 1.24 
2016 14.40 11.98 -3.13 
2015 3.92 1.41 0.09 
2014 20.15 13.69 15.75 
2013 3.30 17.44 -7.46 

Note: Estimated returns are used for the most recent reported monthly ROR or appear in italics. All performance data is since program inception.

Performance Comparison

Date Range: 04/13 - 10/20
Date: 10/31/2020
Perf: $1,043.75 Date: 9/30/2020
Perf: $1,047.10 Date: 8/31/2020
Perf: $1,062.61 Date: 7/31/2020
Perf: $1,074.76 Date: 6/30/2020
Perf: $1,054.61 Date: 5/31/2020
Perf: $1,068.29 Date: 4/30/2020
Perf: $1,080.94 Date: 3/31/2020
Perf: $1,077.38 Date: 2/29/2020
Perf: $1,076.73 Date: 1/31/2020
Perf: $1,093.02 Date: 12/31/2019
Perf: $1,082.09 Date: 11/30/2019
Perf: $1,088.84 Date: 10/31/2019
Perf: $1,078.27 Date: 9/30/2019
Perf: $1,102.64 Date: 8/31/2019
Perf: $1,134.06 Date: 7/31/2019
Perf: $1,094.44 Date: 6/30/2019
Perf: $1,058.35 Date: 5/31/2019
Perf: $1,037.60 Date: 4/30/2019
Perf: $1,058.34 Date: 3/31/2019
Perf: $1,030.01 Date: 2/28/2019
Perf: $994.32 Date: 1/31/2019
Perf: $988.00 Date: 12/31/2018
Perf: $1,006.31 Date: 11/30/2018
Perf: $1,002.10 Date: 10/31/2018
Perf: $1,014.27 Date: 9/30/2018
Perf: $1,039.96 Date: 8/31/2018
Perf: $1,044.66 Date: 7/31/2018
Perf: $1,018.68 Date: 6/30/2018
Perf: $1,026.38 Date: 5/31/2018
Perf: $1,017.83 Date: 4/30/2018
Perf: $1,031.13 Date: 3/31/2018
Perf: $1,020.12 Date: 2/28/2018
Perf: $1,021.04 Date: 1/31/2018
Perf: $1,087.36 Date: 12/31/2017
Perf: $1,051.41 Date: 11/30/2017
Perf: $1,040.07 Date: 10/31/2017
Perf: $1,038.72 Date: 9/30/2017
Perf: $996.95 Date: 8/31/2017
Perf: $1,018.44 Date: 7/31/2017
Perf: $1,001.81 Date: 6/30/2017
Perf: $997.91 Date: 5/31/2017
Perf: $1,027.93 Date: 4/30/2017
Perf: $1,025.98 Date: 3/31/2017
Perf: $1,032.17 Date: 2/28/2017
Perf: $1,047.47 Date: 1/31/2017
Perf: $1,025.12 Date: 12/31/2016
Perf: $1,038.52 Date: 11/30/2016
Perf: $1,030.68 Date: 10/31/2016
Perf: $1,042.15 Date: 9/30/2016
Perf: $1,069.75 Date: 8/31/2016
Perf: $1,083.73 Date: 7/31/2016
Perf: $1,113.68 Date: 6/30/2016
Perf: $1,102.44 Date: 5/31/2016
Perf: $1,057.50 Date: 4/30/2016
Perf: $1,076.33 Date: 3/31/2016
Perf: $1,104.04 Date: 2/29/2016
Perf: $1,136.67 Date: 1/31/2016
Perf: $1,109.37 Date: 12/31/2015
Perf: $1,072.07 Date: 11/30/2015
Perf: $1,097.30 Date: 10/31/2015
Perf: $1,061.12 Date: 9/30/2015
Perf: $1,079.91 Date: 8/31/2015
Perf: $1,056.97 Date: 7/31/2015
Perf: $1,075.58 Date: 6/30/2015
Perf: $1,035.11 Date: 5/31/2015
Perf: $1,091.89 Date: 4/30/2015
Perf: $1,099.81 Date: 3/31/2015
Perf: $1,143.96 Date: 2/28/2015
Perf: $1,119.23 Date: 1/31/2015
Perf: $1,121.02 Date: 12/31/2014
Perf: $1,071.11 Date: 11/30/2014
Perf: $1,052.58 Date: 10/31/2014
Perf: $993.47 Date: 9/30/2014
Perf: $979.08 Date: 8/31/2014
Perf: $964.70 Date: 7/31/2014
Perf: $925.55 Date: 6/30/2014
Perf: $933.02 Date: 5/31/2014
Perf: $925.06 Date: 4/30/2014
Perf: $901.97 Date: 3/31/2014
Perf: $895.17 Date: 2/28/2014
Perf: $908.62 Date: 1/31/2014
Perf: $901.23 Date: 12/31/2013
Perf: $925.38 Date: 11/30/2013
Perf: $926.68 Date: 10/31/2013
Perf: $910.20 Date: 9/30/2013
Perf: $889.82 Date: 8/31/2013
Perf: $895.20 Date: 7/31/2013
Perf: $912.72 Date: 6/30/2013
Perf: $920.73 Date: 5/31/2013
Perf: $957.00 Date: 4/30/2013
Perf: $1,000.00 Date: 10/31/2020
Perf: $2,387.26 Date: 9/30/2020
Perf: $2,452.49 Date: 8/31/2020
Perf: $2,549.37 Date: 7/31/2020
Perf: $2,378.37 Date: 6/30/2020
Perf: $2,251.39 Date: 5/31/2020
Perf: $2,207.46 Date: 4/30/2020
Perf: $2,107.16 Date: 3/31/2020
Perf: $1,867.72 Date: 2/29/2020
Perf: $2,130.88 Date: 1/31/2020
Perf: $2,321.98 Date: 12/31/2019
Perf: $2,322.91 Date: 11/30/2019
Perf: $2,254.81 Date: 10/31/2019
Perf: $2,175.83 Date: 9/30/2019
Perf: $2,129.62 Date: 8/31/2019
Perf: $2,090.53 Date: 7/31/2019
Perf: $2,124.09 Date: 6/30/2019
Perf: $2,093.93 Date: 5/31/2019
Perf: $1,956.03 Date: 4/30/2019
Perf: $2,088.66 Date: 3/31/2019
Perf: $2,007.36 Date: 2/28/2019
Perf: $1,969.16 Date: 1/31/2019
Perf: $1,907.92 Date: 12/31/2018
Perf: $1,766.43 Date: 11/30/2018
Perf: $1,941.77 Date: 10/31/2018
Perf: $1,902.95 Date: 9/30/2018
Perf: $2,042.67 Date: 8/31/2018
Perf: $2,031.09 Date: 7/31/2018
Perf: $1,966.97 Date: 6/30/2018
Perf: $1,896.42 Date: 5/31/2018
Perf: $1,884.74 Date: 4/30/2018
Perf: $1,840.38 Date: 3/31/2018
Perf: $1,833.42 Date: 2/28/2018
Perf: $1,881.20 Date: 1/31/2018
Perf: $1,953.27 Date: 12/31/2017
Perf: $1,847.42 Date: 11/30/2017
Perf: $1,827.14 Date: 10/31/2017
Perf: $1,772.71 Date: 9/30/2017
Perf: $1,732.35 Date: 8/31/2017
Perf: $1,697.38 Date: 7/31/2017
Perf: $1,692.14 Date: 6/30/2017
Perf: $1,657.98 Date: 5/31/2017
Perf: $1,647.77 Date: 4/30/2017
Perf: $1,624.86 Date: 3/31/2017
Perf: $1,608.29 Date: 2/28/2017
Perf: $1,606.36 Date: 1/31/2017
Perf: $1,545.03 Date: 12/31/2016
Perf: $1,516.22 Date: 11/30/2016
Perf: $1,486.78 Date: 10/31/2016
Perf: $1,433.73 Date: 9/30/2016
Perf: $1,460.31 Date: 8/31/2016
Perf: $1,460.02 Date: 7/31/2016
Perf: $1,457.98 Date: 6/30/2016
Perf: $1,406.09 Date: 5/31/2016
Perf: $1,402.44 Date: 4/30/2016
Perf: $1,377.65 Date: 3/31/2016
Perf: $1,372.30 Date: 2/29/2016
Perf: $1,285.16 Date: 1/31/2016
Perf: $1,286.83 Date: 12/31/2015
Perf: $1,353.99 Date: 11/30/2015
Perf: $1,375.73 Date: 10/31/2015
Perf: $1,371.61 Date: 9/30/2015
Perf: $1,264.86 Date: 8/31/2015
Perf: $1,296.89 Date: 7/31/2015
Perf: $1,380.11 Date: 6/30/2015
Perf: $1,351.73 Date: 5/31/2015
Perf: $1,378.47 Date: 4/30/2015
Perf: $1,360.91 Date: 3/31/2015
Perf: $1,347.97 Date: 2/28/2015
Perf: $1,369.61 Date: 1/31/2015
Perf: $1,295.14 Date: 12/31/2014
Perf: $1,335.20 Date: 11/30/2014
Perf: $1,338.55 Date: 10/31/2014
Perf: $1,303.48 Date: 9/30/2014
Perf: $1,272.43 Date: 8/31/2014
Perf: $1,290.50 Date: 7/31/2014
Perf: $1,240.87 Date: 6/30/2014
Perf: $1,258.23 Date: 5/31/2014
Perf: $1,232.71 Date: 4/30/2014
Perf: $1,204.41 Date: 3/31/2014
Perf: $1,195.56 Date: 2/28/2014
Perf: $1,185.60 Date: 1/31/2014
Perf: $1,133.79 Date: 12/31/2013
Perf: $1,174.42 Date: 11/30/2013
Perf: $1,145.44 Date: 10/31/2013
Perf: $1,111.54 Date: 9/30/2013
Perf: $1,062.66 Date: 8/31/2013
Perf: $1,030.31 Date: 7/31/2013
Perf: $1,061.08 Date: 6/30/2013
Perf: $1,009.69 Date: 5/31/2013
Perf: $1,023.40 Date: 4/30/2013
Perf: $1,000.00 Date: 10/31/2020
Perf: $1,418.50 Date: 9/30/2020
Perf: $1,381.07 Date: 8/31/2020
Perf: $1,410.55 Date: 7/31/2020
Perf: $1,404.37 Date: 6/30/2020
Perf: $1,384.30 Date: 5/31/2020
Perf: $1,437.34 Date: 4/30/2020
Perf: $1,461.75 Date: 3/31/2020
Perf: $1,497.08 Date: 2/29/2020
Perf: $1,491.11 Date: 1/31/2020
Perf: $1,527.31 Date: 12/31/2019
Perf: $1,579.60 Date: 11/30/2019
Perf: $1,573.62 Date: 10/31/2019
Perf: $1,586.95 Date: 9/30/2019
Perf: $1,569.99 Date: 8/31/2019
Perf: $1,516.02 Date: 7/31/2019
Perf: $1,542.40 Date: 6/30/2019
Perf: $1,538.09 Date: 5/31/2019
Perf: $1,544.42 Date: 4/30/2019
Perf: $1,579.97 Date: 3/31/2019
Perf: $1,548.54 Date: 2/28/2019
Perf: $1,561.18 Date: 1/31/2019
Perf: $1,550.94 Date: 12/31/2018
Perf: $1,557.49 Date: 11/30/2018
Perf: $1,559.20 Date: 10/31/2018
Perf: $1,588.27 Date: 9/30/2018
Perf: $1,541.26 Date: 8/31/2018
Perf: $1,559.66 Date: 7/31/2018
Perf: $1,575.58 Date: 6/30/2018
Perf: $1,582.06 Date: 5/31/2018
Perf: $1,579.22 Date: 4/30/2018
Perf: $1,589.71 Date: 3/31/2018
Perf: $1,579.44 Date: 2/28/2018
Perf: $1,550.76 Date: 1/31/2018
Perf: $1,489.54 Date: 12/31/2017
Perf: $1,505.95 Date: 11/30/2017
Perf: $1,558.31 Date: 10/31/2017
Perf: $1,563.47 Date: 9/30/2017
Perf: $1,524.89 Date: 8/31/2017
Perf: $1,522.45 Date: 7/31/2017
Perf: $1,521.08 Date: 6/30/2017
Perf: $1,540.49 Date: 5/31/2017
Perf: $1,599.35 Date: 4/30/2017
Perf: $1,576.65 Date: 3/31/2017
Perf: $1,535.80 Date: 2/28/2017
Perf: $1,495.13 Date: 1/31/2017
Perf: $1,467.83 Date: 12/31/2016
Perf: $1,475.65 Date: 11/30/2016
Perf: $1,432.67 Date: 10/31/2016
Perf: $1,492.52 Date: 9/30/2016
Perf: $1,459.96 Date: 8/31/2016
Perf: $1,451.54 Date: 7/31/2016
Perf: $1,446.62 Date: 6/30/2016
Perf: $1,416.59 Date: 5/31/2016
Perf: $1,402.98 Date: 4/30/2016
Perf: $1,387.72 Date: 3/31/2016
Perf: $1,367.75 Date: 2/29/2016
Perf: $1,390.41 Date: 1/31/2016
Perf: $1,332.07 Date: 12/31/2015
Perf: $1,289.89 Date: 11/30/2015
Perf: $1,338.06 Date: 10/31/2015
Perf: $1,321.93 Date: 9/30/2015
Perf: $1,335.28 Date: 8/31/2015
Perf: $1,299.29 Date: 7/31/2015
Perf: $1,346.70 Date: 6/30/2015
Perf: $1,297.27 Date: 5/31/2015
Perf: $1,349.92 Date: 4/30/2015
Perf: $1,330.75 Date: 3/31/2015
Perf: $1,333.15 Date: 2/28/2015
Perf: $1,283.36 Date: 1/31/2015
Perf: $1,300.66 Date: 12/31/2014
Perf: $1,241.20 Date: 11/30/2014
Perf: $1,251.97 Date: 10/31/2014
Perf: $1,188.73 Date: 9/30/2014
Perf: $1,180.23 Date: 8/31/2014
Perf: $1,188.67 Date: 7/31/2014
Perf: $1,134.55 Date: 6/30/2014
Perf: $1,151.48 Date: 5/31/2014
Perf: $1,151.71 Date: 4/30/2014
Perf: $1,111.69 Date: 3/31/2014
Perf: $1,104.29 Date: 2/28/2014
Perf: $1,079.68 Date: 1/31/2014
Perf: $1,071.96 Date: 12/31/2013
Perf: $1,033.01 Date: 11/30/2013
Perf: $1,063.10 Date: 10/31/2013
Perf: $1,062.89 Date: 9/30/2013
Perf: $1,038.38 Date: 8/31/2013
Perf: $999.31 Date: 7/31/2013
Perf: $1,011.96 Date: 6/30/2013
Perf: $983.92 Date: 5/31/2013
Perf: $1,004.20 Date: 4/30/2013
Perf: $1,000.00

Note: Estimated returns are used for the most recent reported monthly ROR or appear in italics. All performance data is since program inception.

Monthly Returns

Date Range: 04/13 - 10/20
Date: 10/31/2020
Return: 2.71 % Date: 9/30/2020
Return: -2.09 % Date: 8/31/2020
Return: 0.44 % Date: 7/31/2020
Return: 1.45 % Date: 6/30/2020
Return: -3.69 % Date: 5/31/2020
Return: -1.67 % Date: 4/30/2020
Return: -2.36 % Date: 3/31/2020
Return: 0.40 % Date: 2/29/2020
Return: -2.37 % Date: 1/31/2020
Return: -3.31 % Date: 12/31/2019
Return: 0.38 % Date: 11/30/2019
Return: -0.84 % Date: 10/31/2019
Return: 1.08 % Date: 9/30/2019
Return: 3.56 % Date: 8/31/2019
Return: -1.71 % Date: 7/31/2019
Return: 0.28 % Date: 6/30/2019
Return: -0.41 % Date: 5/31/2019
Return: -2.25 % Date: 4/30/2019
Return: 2.03 % Date: 3/31/2019
Return: -0.81 % Date: 2/28/2019
Return: 0.66 % Date: 1/31/2019
Return: -0.42 % Date: 12/31/2018
Return: -0.11 % Date: 11/30/2018
Return: -1.83 % Date: 10/31/2018
Return: 3.05 % Date: 9/30/2018
Return: -1.18 % Date: 8/31/2018
Return: -1.01 % Date: 7/31/2018
Return: -0.41 % Date: 6/30/2018
Return: 0.18 % Date: 5/31/2018
Return: -0.66 % Date: 4/30/2018
Return: 0.65 % Date: 3/31/2018
Return: 1.85 % Date: 2/28/2018
Return: 4.11 % Date: 1/31/2018
Return: -1.09 % Date: 12/31/2017
Return: -3.36 % Date: 11/30/2017
Return: -0.33 % Date: 10/31/2017
Return: 2.53 % Date: 9/30/2017
Return: 0.16 % Date: 8/31/2017
Return: 0.09 % Date: 7/31/2017
Return: -1.26 % Date: 6/30/2017
Return: -3.68 % Date: 5/31/2017
Return: 1.44 % Date: 4/30/2017
Return: 2.66 % Date: 3/31/2017
Return: 2.72 % Date: 2/28/2017
Return: 1.86 % Date: 1/31/2017
Return: -0.53 % Date: 12/31/2016
Return: 3.00 % Date: 11/30/2016
Return: -4.01 % Date: 10/31/2016
Return: 2.23 % Date: 9/30/2016
Return: 0.58 % Date: 8/31/2016
Return: 0.34 % Date: 7/31/2016
Return: 2.12 % Date: 6/30/2016
Return: 0.97 % Date: 5/31/2016
Return: 1.10 % Date: 4/30/2016
Return: 1.46 % Date: 3/31/2016
Return: -1.63 % Date: 2/29/2016
Return: 4.38 % Date: 1/31/2016
Return: 3.27 % Date: 12/31/2015
Return: -3.60 % Date: 11/30/2015
Return: 1.22 % Date: 10/31/2015
Return: -1.00 % Date: 9/30/2015
Return: 2.77 % Date: 8/31/2015
Return: -3.52 % Date: 7/31/2015
Return: 3.81 % Date: 6/30/2015
Return: -3.90 % Date: 5/31/2015
Return: 1.44 % Date: 4/30/2015
Return: -0.18 % Date: 3/31/2015
Return: 3.88 % Date: 2/28/2015
Return: -1.33 % Date: 1/31/2015
Return: 4.79 % Date: 12/31/2014
Return: -0.86 % Date: 11/30/2014
Return: 5.32 % Date: 10/31/2014
Return: 0.72 % Date: 9/30/2014
Return: -0.71 % Date: 8/31/2014
Return: 4.77 % Date: 7/31/2014
Return: -1.47 % Date: 6/30/2014
Return: -0.02 % Date: 5/31/2014
Return: 3.60 % Date: 4/30/2014
Return: 0.67 % Date: 3/31/2014
Return: 2.28 % Date: 2/28/2014
Return: 0.72 % Date: 1/31/2014
Return: 3.77 % Date: 12/31/2013
Return: -2.83 % Date: 11/30/2013
Return: 0.02 % Date: 10/31/2013
Return: 2.36 % Date: 9/30/2013
Return: 3.91 % Date: 8/31/2013
Return: -1.25 % Date: 7/31/2013
Return: 2.85 % Date: 6/30/2013
Return: -2.02 % Date: 5/31/2013
Return: 0.42 % Date: 4/30/2013
Return: 0.00 %

Note: Estimated returns are used for the most recent reported monthly ROR or appear in italics. All performance data is since program inception.

Distribution of Monthly Returns

Date Range: 04/13 - 10/20
Return: -4.00 %
Count: 6 Return: 5.00 %
Count: 3 Return: 1.00 %
Count: 14 Return: -3.00 %
Count: 3 Return: 2.00 %
Count: 7 Return: 4.00 %
Count: 8 Return: -1.00 %
Count: 14 Return: 3.00 %
Count: 9 Return: -2.00 %
Count: 9 Return: 0.00 %
Count: 18

Note: Estimated returns are used for the most recent reported monthly ROR or appear in italics. All performance data is since program inception.

Underwater Curve

Date Range: 04/13 - 10/20
Date: 10/31/2020
Drawdown: -11.31 % Date: 9/30/2020
Drawdown: -13.65 % Date: 8/31/2020
Drawdown: -11.80 % Date: 7/31/2020
Drawdown: -12.19 % Date: 6/30/2020
Drawdown: -13.45 % Date: 5/31/2020
Drawdown: -10.13 % Date: 4/30/2020
Drawdown: -8.60 % Date: 3/31/2020
Drawdown: -6.39 % Date: 2/29/2020
Drawdown: -6.77 % Date: 1/31/2020
Drawdown: -4.50 % Date: 12/31/2019
Drawdown: -1.24 % Date: 11/30/2019
Drawdown: -1.61 % Date: 10/31/2019
Drawdown: -0.78 % Date: 9/30/2019
Drawdown: -1.84 % Date: 8/31/2019
Drawdown: -5.21 % Date: 7/31/2019
Drawdown: -3.56 % Date: 6/30/2019
Drawdown: -3.83 % Date: 5/31/2019
Drawdown: -3.43 % Date: 4/30/2019
Drawdown: -1.21 % Date: 3/31/2019
Drawdown: -3.18 % Date: 2/28/2019
Drawdown: -2.39 % Date: 1/31/2019
Drawdown: -3.03 % Date: 12/31/2018
Drawdown: -2.62 % Date: 11/30/2018
Drawdown: -2.51 % Date: 10/31/2018
Drawdown: -0.69 % Date: 9/30/2018
Drawdown: -3.63 % Date: 8/31/2018
Drawdown: -2.48 % Date: 7/31/2018
Drawdown: -1.49 % Date: 6/30/2018
Drawdown: -1.08 % Date: 5/31/2018
Drawdown: -1.26 % Date: 4/30/2018
Drawdown: -0.60 % Date: 3/31/2018
Drawdown: -1.24 % Date: 2/28/2018
Drawdown: -3.04 % Date: 1/31/2018
Drawdown: -6.87 % Date: 12/31/2017
Drawdown: -5.84 % Date: 11/30/2017
Drawdown: -2.57 % Date: 10/31/2017
Drawdown: -2.24 % Date: 9/30/2017
Drawdown: -4.66 % Date: 8/31/2017
Drawdown: -4.81 % Date: 7/31/2017
Drawdown: -4.89 % Date: 6/30/2017
Drawdown: -3.68 % Date: 5/31/2017
Drawdown: 0.00 % Date: 4/30/2017
Drawdown: 0.00 % Date: 3/31/2017
Drawdown: 0.00 % Date: 2/28/2017
Drawdown: 0.00 % Date: 1/31/2017
Drawdown: -1.65 % Date: 12/31/2016
Drawdown: -1.13 % Date: 11/30/2016
Drawdown: -4.01 % Date: 10/31/2016
Drawdown: 0.00 % Date: 9/30/2016
Drawdown: 0.00 % Date: 8/31/2016
Drawdown: 0.00 % Date: 7/31/2016
Drawdown: 0.00 % Date: 6/30/2016
Drawdown: 0.00 % Date: 5/31/2016
Drawdown: 0.00 % Date: 4/30/2016
Drawdown: -0.19 % Date: 3/31/2016
Drawdown: -1.63 % Date: 2/29/2016
Drawdown: 0.00 % Date: 1/31/2016
Drawdown: -1.32 % Date: 12/31/2015
Drawdown: -4.45 % Date: 11/30/2015
Drawdown: -0.88 % Date: 10/31/2015
Drawdown: -2.07 % Date: 9/30/2015
Drawdown: -1.08 % Date: 8/31/2015
Drawdown: -3.75 % Date: 7/31/2015
Drawdown: -0.24 % Date: 6/30/2015
Drawdown: -3.90 % Date: 5/31/2015
Drawdown: 0.00 % Date: 4/30/2015
Drawdown: -0.18 % Date: 3/31/2015
Drawdown: 0.00 % Date: 2/28/2015
Drawdown: -1.33 % Date: 1/31/2015
Drawdown: 0.00 % Date: 12/31/2014
Drawdown: -0.86 % Date: 11/30/2014
Drawdown: 0.00 % Date: 10/31/2014
Drawdown: 0.00 % Date: 9/30/2014
Drawdown: -0.71 % Date: 8/31/2014
Drawdown: 0.00 % Date: 7/31/2014
Drawdown: -1.49 % Date: 6/30/2014
Drawdown: -0.02 % Date: 5/31/2014
Drawdown: 0.00 % Date: 4/30/2014
Drawdown: 0.00 % Date: 3/31/2014
Drawdown: 0.00 % Date: 2/28/2014
Drawdown: 0.00 % Date: 1/31/2014
Drawdown: 0.00 % Date: 12/31/2013
Drawdown: -2.83 % Date: 11/30/2013
Drawdown: 0.00 % Date: 10/31/2013
Drawdown: 0.00 % Date: 9/30/2013
Drawdown: 0.00 % Date: 8/31/2013
Drawdown: -1.25 % Date: 7/31/2013
Drawdown: 0.00 % Date: 6/30/2013
Drawdown: -2.02 % Date: 5/31/2013
Drawdown: 0.00 %

Note: Estimated returns are used for the most recent reported monthly ROR or appear in italics. All performance data is since program inception.

Manager Information

Manager Name:  ADG Capital Management LLP
Address: 10 Chiswell Street
City: London
State:
Zip: EC1Y 4UQ
Country: United Kingdom

Key People

Name:  Gavin Phillips
Position:  Portfolio Manager
Biography: 

Gavin has been with ADG since September 2011, initially working on an internal CTA programme before transferring to the systematic macro team. Prior to that Gavin spent 5 years as an analyst with Quality Capital Management, a hedge fund manager with a focus on commodities and fixed income. Before moving into the finance industry, Gavin obtained a Masters degree in Electronic Engineering, followed by a Ph.D. and post-doctoral research in radar signal processing at the University of Birmingham.


Name:  Boris Gnedenko
Position:  Portfolio Manager
Biography: 

Boris joined ADG Capital Management LLP in 2013. Prior to joining ADG Boris spent 4 years as Head of Investment Management at Sberbank (Russia). His earlier career included spells at VTB in Moscow, Bank Petrocommerce and SM Consulting, an investment boutique where he headed the development of quantitative strategies trading in US futures markets. Boris also founded the SmartFolio project, which resulted in the creation of a widely used investment software application solving advanced portfolio optimization problems. Boris graduated from Moscow State University in 1997, with a master’s degree in mathematics (diploma with distinction). In 2006 he obtained a PhD in mathematical finance from the Central Economics and Mathematics Institute of the Russian Academy of Sciences.


Name:  Igor Yelnik
Position:  Portfolio Manager
Biography: 

Igor joined ADG Capital Management LLP in 2013. Prior to that he spent 9 years at IPM Informed Portfolio Management AB (Sweden) where he was a co-owner and Head of Portfolio Management and Research. Igor led the development of the firm’s core investment strategy, GTAA, which by early 2012 managed about USD 5bn, predominantly for large institutional investors. IPM and its flagship GTAA Fund have won a number of prestigious industry awards such as Hedge Fund Manager of The Year 2011 (Global Pensions), Best Macro Fund Over $1 billion 2011 (HFM) and Quant Provider of The Year 2010 (Global Pensions). Prior to his engagement with IPM Igor co-founded St.Petersburg Capital, an asset management firm that specialised in the Russian securities market, and later Unibase Invest, a managed futures business based in Tel Aviv. Igor graduated from Leningrad Polytechnic Institute in 1986 where he obtained a master degree in computer science (diploma with distinction).


Additional Information

 Futures Sectors Traded
 Stock Indexes Yes 
 Interest Rates Yes 
 Currencies Yes 
 Forex Yes 
 Investment Methodology
 Fundamental Analysis Yes 
 Technical Yes 
 Systematic Yes 
 Diversified Yes 
 Instruments Traded
 Fixed Income Yes 
 Forwards Yes 
 Futures Yes 
 Geographical Focus
 Global Yes 
 Holding Period
 Long Term Yes 
 Investment Terms & Information
 Managed Account Minimum: $20,000,000 
 Margin / Equity Ratio: 15% 
 Managed Account Availability: Open 
Copyright © 2020 CoquestTradersResearch.com
All rights Reserved