Past performance is not necessarily indicative of future results. The risk of loss in trading commodity futures, options, and foreign exchange (“forex”) is substantial.
The managed currency account is an individual trading account which is managed to provide attractive returns with a risk strategy aimed at reducing volatility to the global currency markets.
The performance is based on an initial investment of $50,000 and excludes performance fee deduction.
Investment Strategy
The investment team has an investment strategy that exploits the short term, Range and Break Out style programs based on Technical Analysis related support and resistance levels.
Risk Management
The managed product is constructed pre-dominantly from USD, GBP and EUR currency pairings with AUD, CAD, JPY, NZD & CHF. The investment team is a highly specialised team with a combined experience of over 60 years in the FX markets. The team members who form this team are professional motivated individuals with a strong belief in the managed account programme. The team members have all worked within the financial services industry for many years.
Research
The investment team conducts research using its own procedures and methodology with the main focus of identifying strategies that are able to produce consistent returns over time. The manager’s research process contains both quantitative and qualitative elements.
Portfolio construction
The portfolio targets a return of 20% per annum with minimal volatility over the medium to longer term. The target return is the aim of the investment team and it does not constitute a guarantee. The managed account may use derivatives and currency hedges if required to ensure minimal exposure and risks.
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
SMILe Global Management Limited SMILe Managed Currency Account (SD Standard)
Average RoR
0.37%
Max Gain
4.24%
Gain Frequency
67.50%
Average Gain
1.28%
Gain Deviation
1.25%
Risk
Standard Deviation
2.28%
Worst Loss
-10.55%
Loss Frequency
27.50%
Average Loss
-1.80%
Loss Deviation
2.97%
Reward/Risk
Sharpe (RFR=1%)
0.12
Skewness
-2.61
Kurtosis
13.24
Reward
SMILe Global Management Limited SMILe Managed Currency Account (SD Standard)
Compound RoR
4.17%
Average RoR
4.65%
Max Gain
20.02%
Gain Frequency
50.00%
Average Gain
13.17%
Gain Deviation
4.33%
Risk
Standard Deviation
7.90%
Worst Loss
-3.24%
Loss Frequency
50.00%
Average Loss
-3.86%
Loss Deviation
10.27%
Reward/Risk
Sharpe (RFR=1%)
0.43
Skewness
5.86
Kurtosis
189.00
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
-16.00
20
—
8/2014
4/2016
No data available in table
Consecutive Gains
Run-up
Length (Months)
Start
End
35.59
16
5/2013
8/2014
1.99
4
10/2014
1/2015
0.88
3
6/2015
8/2015
0.34
1
6/2016
6/2016
0.27
1
8/2016
8/2016
0.12
1
1/2016
1/2016
0.08
1
3/2016
3/2016
No data available in table
Consecutive Losses
Run-up
Length (Months)
Start
End
-10.55
1
9/2014
9/2014
-2.65
4
9/2015
12/2015
-2.52
4
2/2015
5/2015
-2.45
2
4/2016
5/2016
-1.61
1
2/2016
2/2016
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.
