ALPHA
PLUS FoF L.P.
Fund type : Multi Manager
Fund StyleStyle: Multi
Strategies Sector : Fund of Funds Currency : US Dollar Subscription : semi monthly Redemption : semi monthly |
Redemption notice : 10 days Lockup period : none Inv. Manager : Management Fee : 1% Performance Fee : quarterly,
15% of new profits above High Water Mark |
| Jan. | Feb. | March | Apr. | May | June | July | Aug. | Sept. |
Oct. |
Nov. |
Dec. | Year |
|
| 2008 | +1.09% | +4.15% | +5.29% |
||||||||||
| 2007 | -0.15% |
+1.34% |
-1.39% | +1.76% | +1.49% | +0.64% | +0.05% | +0.48% | +4.52% | +0.89% | +0.37% | +2.77% | +13.34% |
| 2006 |
+5.84% |
+0.11% |
+1.17% | +3.78% |
-0.44% |
-0.51% | -2.29% | +1.06% |
-0.14% |
+2.98% |
+1.73% |
+2.55% |
+16.22% |
| 2005 | +0.29% |
+2.93% |
+1.87% |
+0.43% | +1.03% | +3.33% |
+2.10% |
+2.55% |
+2.58% |
+1.45% |
+2.41% |
+1.50% |
+24.87% |
| 2004 |
+3.38% |
+5.12% |
+1.99% |
+0.43% | -0.99% | -1.16% |
+2.29% | -0.97% |
+3.39% |
+1.06% |
+2.99% |
-0.32% |
+19.65% |
| 2003 | +3.75% |
+1.87% |
-3.61% |
+2.54% |
+4.29% |
+2.30% |
+1.77% |
+0.34% |
+3.08% |
+6.51% |
-0.53% | +1.88% |
+26.62% |
| 2002 | -1.12% |
-0.45% | +2.88% | -0.28% |
+3.84% |
+4.86% |
+5.00% | +1.98% |
-1.50% |
+1.26% |
+2.49% | +0.48% |
+20.94% |
| 2001 | -2.22% |
+6.14% | +1.36% | +1.61% |
+0.52% |
+7.44% |
|
Time Windows Analysis |
1 |
3 |
6 |
12 |
|
Number of Periods |
80 |
77 |
77 |
68 |
|
Percent Profitable |
76.25% |
89.61% |
100% |
100% |
|
Average Period Return |
1.51% |
4.76% |
9.63% |
20.47% |
|
Average Gain |
2.29% |
5.45% |
9.63% |
20.47% |
|
Average Loss |
(1.09%) |
(1.27%) |
|
|
|
Best Period |
6.51% |
14.34% |
20.91% |
37.76% |
|
Worst Period |
(3.61%) |
(3.16%) |
(0.74%) |
8.50% |
|
Standard Deviation |
1.99% |
3.53% |
5.02% |
7.36% |
|
Gain Standard Deviation |
1.46% |
3.02% |
5.02% |
7.36% |
|
Loss Standard Deviation |
0.97% |
0.97% |
|
|
|
Sharpe Ratio (5.00%) |
0.55 |
0.99 |
1.42 |
2.10 |
|
Average Gain/Average
Loss |
2.10 |
4.29 |
|
|
|
Profit/Loss Ratio |
6.90 |
37.47 |
|
|
PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.
THIS COMPOSITE PERFORMANCE RECORD IS HYPOTHETICAL AND THESE TRADING ADVISORS
HAVE
NOT TRADED
TOGETHER
IN THE
MANNER
SHOWN IN
THE
COMPOSITE.
HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH
ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY MULTI-ADVISOR
MANAGED ACCOUNT OR POOL WILL OR IS LIKELY TO ACHIEVE A COMPOSITE PERFORMANCE
RECORD SIMILAR TO THAT SHOWN. IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES
BETWEEN A HYPOTHETICAL COMPOSITE PERFORMANCE RECORD AND THE ACTUAL RECORD
SUBSEQUENTLY ACHIEVED. ONE OF THE LIMITATIONS OF A HYPOTHETICAL COMPOSITE
PERFORMANCE RECORD IS THAT DECISIONS RELATING TO THE SELECTION OF TRADING
ADVISORS AND THE ALLOCATION OF ASSETS AMONG THOSE TRADING ADVISORS WERE MADE
WITH THE BENEFIT OF HINDSIGHT BASED UPON THE HISTORICAL RATES OF RETURN OF THE
SELECTED TRADING ADVISORS. THEREFORE, COMPOSITE PERFORMANCE RECORDS INVARIABLY
SHOW POSITIVE RATES OF RETURN. ANOTHER INHERENT LIMITATION ON THESE RESULTS IS
THAT THE ALLOCATION DECISIONS REFLECTED IN THE PERFORMANCE RECORDS WERE NOT
MADE UNDER ACTUAL MARKET CONDITIONS AND, THEREFORE, CANNOT COMPLETELY ACCOUNT
FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FURTHERMORE, THE COMPOSITE
PERFORMANCE RECORD MAY BE DISTORTED BECAUSE THE ALLOCATION OF ASSETS CHANGES
FROM TIME TO TIME AND THESE ADJUSTMENTS ARE NOT REFLECTED IN THE COMPOSITE.
MATERIAL ASSUMPTIONS: THIS PERFORMANCE HAS BEEN CALCULATED BY COMBINING THE HISTORICAL PERFORMANCE AFTER FEES OF 10 FUTURES MANAGERS, EQUALLY WEIGHTED, WITH A STARTING ACCOUNT OF $4,000,000. THERE IS NO DISTRIBUTION , ALL PROFITS ARE REINVESTED AND REBALANCED EVERY MONTH BETWEEN THE MANAGERS. THEN ALTERAMA'S FEES OF 1% MANAGEMENT FEES AND 15% INCENTIVES FEES HAVE BEEN APPLIED.