Quadriga Superfund - Managed Futures

[Aaron]

A potential Japanese client was asking me about the correlation between the Schindler program and the Quadriga GCT USD program. I prepared the following spreadsheet for him and thought ETers might find it interesting:

www.schindlertrading.com/include/content/uploads/SchindlerQuadriga.xls

The comparison starts in Sept. 2001 at the inception of the Schindler Program. It shows that both Quadriga and Schindler have had rather impressive returns over the past 2½ years (172% for Quadriga and 199% for Schindler) and they have a low 0.11 correlation.

A portfolio of half Schindler and half Quadriga would have outperformed a a portfolio of 100% of either Schindler or Quadriga on a risk adjusted basis.

Here's a graph of the cumulative return for both:

PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RETURNS.

 

[Maverick74]

Quote from Aaron:

A potential Japanese client was asking me about the correlation between the Schindler program and the Quadriga GCT USD program. I prepared the following spreadsheet for him and thought ETers might find it interesting:

www.schindlertrading.com/include/content/uploads/SchindlerQuadriga.xls

The comparison starts in Sept. 2001 at the inception of the Schindler Program. It shows that both Quadriga and Schindler have had rather impressive returns over the past 2½ years (172% for Quadriga and 199% for Schindler) and they have a low 0.11 correlation.

A portfolio of half Schindler and half Quadriga would have outperformed a a portfolio of 100% of either Schindler or Quadriga on a risk adjusted basis.

Here's a graph of the cumulative return for both:

PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RETURNS.

I concur with that observation. I have looked at Schindler and it's very similiar to Quadriga in terms of returns. Putting in money in both looks like an excellent strategy.

 

[pisspotpete]

I'm glad Schindler is doing so well, but that 40% drawdown in 4 months indicates a nearly insane R/R!

Your investors must have been climbing the walls???!!!

JMHO

Good luck!

 

[Ebo]

Aaron:

Do you have hats and pens?
What about a Formula One Team!

I am just kidding.
Interesting corelation.


ebo

 

[Maverick74]

Aaron, how much money do you have under management?

 

[Aaron]

Quote from Maverick74:

Aaron, how much money do you have under management?

About $6 million. Here's a graph of assets under management (thanks to IASG.com):

 

[maggandre]

Does it make sense to invest in both "A" and "B" if you want to take advantage of the aggressiveness of "B", but don't want to put all your (Quadriga) money there?

 

[Maverick74]

Quote from maggandre:

Does it make sense to invest in both "A" and "B" if you want to take advantage of the aggressiveness of "B", but don't want to put all your (Quadriga) money there?

You can do that but it's really a matter of drawdowns, B will always outperform A so its not like diversifying in stocks would certain stocks will outperform others in a certain type of environment. If you know B is always going to outperform A, why would you want to be in A? Again, the only difference is the drawdowns. If you are worried about that, put in less capital.

 

[ellokn]

Aaron, thanks for taking the time to post here. What I really like about your program offering (along with the overall performance) is that one can clearly understand exactly what Schindler Trading is offering. You have transparancy, length of an individual program; and a published track record and offering according to standards of the Managed Futures industry.

This is all really good. This is what I would (if I could) invest in. Wishing you much success with this offering into the future.

 

[GatorTrader]

Does either Schindler or Quadriga allow IRA's? Or would I have to go through a 3rd party IRA provider?