Past performance is not necessarily indicative of future results. The risk of loss in trading commodity futures, options, and foreign exchange (“forex”) is substantial.
-In 1998, Steve Carruthers received a Masters of Business Administration degree from Nyenrode University in the Netherlands. During that period, Mr. Carruthers began research into technical trading methods. After moving to the United States in 2002, Mr. Carruthers began trading currency futures and concentrated his research efforts on systematic trading. From March 2003 until June 2003, Steve Carruthers was registered as an Investment Advisor with AXA Advisors and left to form Fuimus Financial LLC where he continued his research into quantitative methodologies. From February 2004 to present, Mr. Carruthers has been registered as an Investment Advisor for Fuimus Financial LLC with FINRA and Washington State Securities Division, where he has developed a proprietary model for trading a diversified basket of commodities. Detailed records of that model known as Zentrender have been kept since September of 2006 to the present.
Fuimus Financial and Steve Carruthers are registered as a CTA with the NFA.
Investment Strategy
The ZENTRENDER system trades a basket of up to forty different commodity and financial futures instruments. The modelenters a position once the prevailing trend has already been established and remains in that trade until the trade has been seen to have changed or has been stopped out at a pre-determined point established by the current volatility of the said commodity. Risk control is therefore inherent in each single trade but is also spread broadly over the entire portfolio by trading in different directions according to the trend in each commodity class. An automated approach to trading means that the human factor is largely eliminated from the system and losses can be kept within the established risk parameters. Returns are based on proforma adjustments to a proprietary account to reflect fees. Client accounts will be traded in like
fashion.
As of June 2009 we are excluding proprietary data and reporting exclusively client funds
AUM & Cumulative Returns
Distribution
Past performance is not necessarily indicative of future results. The risk of loss in trading commodity futures, options, and foreign exchange (“forex”) is substantial.
Reward
Fuimus Financial LLC Fuimus Financial - Zentrender Program
Average RoR
5.57%
Max Gain
38.53%
Gain Frequency
81.08%
Average Gain
10.56%
Gain Deviation
10.29%
Risk
Standard Deviation
15.07%
Worst Loss
-37.60%
Loss Frequency
18.92%
Average Loss
-15.82%
Loss Deviation
13.87%
Reward/Risk
Sharpe (RFR=1%)
0.36
Skewness
-0.51
Kurtosis
1.57
Reward
Fuimus Financial LLC Fuimus Financial - Zentrender Program
Compound RoR
68.13%
Average RoR
101.33%
Max Gain
136.14%
Gain Frequency
75.68%
Average Gain
157.32%
Gain Deviation
35.65%
Risk
Standard Deviation
52.21%
Worst Loss
-54.66%
Loss Frequency
24.32%
Average Loss
-72.88%
Loss Deviation
48.04%
Reward/Risk
Sharpe (RFR=1%)
1.26
Skewness
-26.77
Kurtosis
4335.96
Past performance is not necessarily indicative of future results. The risk of loss in trading commodity futures, options, and foreign exchange (“forex”) is substantial. Note: Figures shown in the Monthly column are the greatest figures (or worst for losses/drawdowns) for any particular month. The Annual figures are the greatest for any calendar year.
Drawdown Report
Depth
Length (Months)
Recovery (Months)
Peak
Valley
-62.98
3
—
6/2009
9/2009
-19.71
1
5
12/2008
1/2009
-4.20
1
2
5/2008
6/2008
-3.11
1
2
2/2008
3/2008
-0.41
1
1
4/2007
5/2007
No data available in table
Consecutive Gains
Run-up
Length (Months)
Start
End
155.46
8
9/2006
4/2007
142.73
9
6/2007
2/2008
69.33
6
7/2008
12/2008
52.53
5
2/2009
6/2009
12.78
2
4/2008
5/2008
No data available in table
Consecutive Losses
Run-up
Length (Months)
Start
End
-62.98
3
7/2009
9/2009
-19.71
1
1/2009
1/2009
-4.20
1
6/2008
6/2008
-3.11
1
3/2008
3/2008
-0.41
1
5/2007
5/2007
No data available in table
Past performance is not necessarily indicative of future results. The risk of loss in trading commodity futures, options, and foreign exchange (“forex”) is substantial.
Top Performer Badges
Index
Award Type
Rank
Performance
Period
No data available in table
Past performance is not necessarily indicative of future results. The risk of loss in trading commodity futures, options, and foreign exchange (“forex”) is substantial.