TGA S&P YTD -3.60% 4.45% Cum Perf 10.70% 24.69% StdDev 14.81% 11.16% Sharpe R. 0.54 1.33 Avg Perf 0.03% 0.07% Avg W 0.66% 0.52% Avg L -0.63% -0.56% # W 177 199 # L 168 146 Max DD -11.62% -5.76% Curr DD -7.36% -2.88% As of July 31, our strategy has been quite under performing the S&P (10.7% vs 24.7%). Unfortunately, due to the long/short nature of our strategy we have not been able to benefit from the positive trend exhibited by the S&P 500 as much as we would like. Nevertheless, we believe a major correction might recoup our lost profits, which is when this strategy performs better. Until then we will continue to eagerly wait for a better momentum before restructuring the entire strategy. Have a great weekend Cheers!
Most funds and/or stategies underperform the SP500. If the world really knew brokers would run out of business. Solid bull year and red returns looks very bad in the eyes of investors, I do commend you for being prompt and consistent in your reports. Thank you for posting the performance.