Past performance is not necessarily indicative of future results. The risk of loss in trading commodity futures, options, and foreign exchange (“forex”) is substantial.
OBIG began trading an external account in September 2019. Although the external client was a non-employee, the account was affiliated with OBIG as it was an extended family member of the PM. The trading level of that account was $200,000 in 2019. That same client opened a second account to begin trading in January 2020 with an additional $200,000 for a total of $400,000 of committed capital as of April 1, 2020. The performance listed above is actual trading results of the previously mentioned combined accounts net of commissions and net of a pro forma fee of 1% annual management and 25% performance fee.
Investment Strategy
The trading strategy for the Pecus program is approximately 50% discretionary and 50% systematic. The program will initially trade CME traded Bitcoin futures and options on futures of Bitcoin as additional liquidity develops. As other Bitcoin exchanges develop and if the CME begins trading other cryptocurrencies, the traders may consider those as well. Both short and long positions in Bitcoin will be equally considered. Traditional short, intermediate and long-term trend and momentum indicators will be used. Order flow and delta divergences from other major crypto venues and exchanges is a key component of the discretionary trading. The program will also incorporate global macro fundamentals and significant global macro events that the traders believe will have an impact to the price of Bitcoin. The holding period of each trade may last from 1 day to a couple weeks or longer if a significant trend develops. Lastly, it’s anticipated that the average margin to equity of the program will be greater than 50%. The unit size will be $500,000 and maximum position sizing, long or short, is 10 Bitcoin futures contract per unit.
Risk Management
Every position will have a working stop order in place. The max. number of bitcoin contracts per $500,000 unit will be 10.
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
O'Brien Investment Group Pecus Program L/S Bitcoin Trading Program
Average RoR
Max Gain
Gain Frequency
Average Gain
Gain Deviation
Risk
Standard Deviation
Worst Loss
Loss Frequency
Average Loss
Loss Deviation
Reward/Risk
Sharpe (RFR=1%)
Skewness
Kurtosis
Reward
O'Brien Investment Group Pecus Program L/S Bitcoin Trading Program
Compound RoR
Average RoR
Max Gain
Gain Frequency
Average Gain
Gain Deviation
Risk
Standard Deviation
Worst Loss
Loss Frequency
Average Loss
Loss Deviation
Reward/Risk
Sharpe (RFR=1%)
Skewness
Kurtosis
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
-13.14
2
—
4/2020
6/2020
-1.90
2
1
12/2019
2/2020
-1.29
1
2
9/2019
10/2019
No data available in table
Consecutive Gains
Run-up
Length (Months)
Start
End
15.70
2
3/2020
4/2020
15.28
1
9/2019
9/2019
2.69
2
11/2019
12/2019
No data available in table
Consecutive Losses
Run-up
Length (Months)
Start
End
-13.14
2
5/2020
6/2020
-1.90
2
1/2020
2/2020
-1.29
1
10/2019
10/2019
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.