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Performance |
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Kinkopf Capital Management, LLC. |
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PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.
MATERIAL DIFFERENCES IN PROPRIETARY PERFORMANCE:
The proprietary performance capsule above is based on the Trading Advisors personal trading account trading the S&P 500 e-mini’s. The performance capsule starts with a yearly base of $100,000. 1. The performance does not include earnings from T-Bill interest. The Trading Advisor will purchase T-Bills depending on the clients FCM T-Bill policy. 2. As per current regulations, the Rate of Return is net of all fees. a. Monthly Management Fee’s of 0.1667% (2% per annum) were deducted in the performance table above on the last day of the month. b. Monthly Performance Fee’s of 20% on “New High Profits” were deducted in the performance table above on the last day of the month. 3. Proprietary rate of return from 1/1999-11/2007 is derived from the actual realized gain/loss trading the e-mini S&P 500 contract. Leverage was kept constant at five (5) S&P e-mini’s traded for each $100K invested. The rate of return from 12/07 forward is based on the actual realized and unrealized gain/loss based on a varying contract amount using the volatility scaling method which was introduced in December of 2007.
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The risk of loss in futures or options can be substantial, therefore only genuine "risk" funds should be used in such trading. Futures and options may not be a suitable investment for all individuals and individuals should carefully consider their financial conditions in deciding whether to trade.
Kinkopf Capital Management, LLC. |
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PERFORMANCE SUMMARY as of 6/30/2008 Start Date: January 1999 Total Return Since Inception: 220.83% Compounded Average Annual ROR: 13.06% Average Monthly ROR: 1.42% |
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UPDATE 2008: Mr. Kinkopf introduced a volatility scaling component in December of 2007 to address investor’s desire for a less volatile trading program. Back testing results have shown congruent returns with the desired reduction in overall volatility. Our forecasting model has not changed and we are eager to report future monthly performance results during the coming years as a comparison. |