Veerpoint Capital's ContraCOT Program is a fully systematic global macro futures trading strategy that leverages the CFTC's Commitments of Traders ("COT") data to gauge market positioning and pinpoint favorable risk-reward opportunities when Speculators are over-concentrated. Proprietary technical analysis is employed to confirm moves and trade against (or "Contra" to) the Speculators, yielding a strategy uncorrelated to both traditional assets and other CTAs. The program executes trades in a diversified basket of 50+ domestic financial and commodity markets including equity indices, currencies, interest rates, energies, metals, grains & oilseeds, meats, softs, and the VIX.

Key Strategy Tenets
- Strategically Contrarian: Exploits over-concentrated positioning from market speculators
- Systematically Traded: A structured, tested, and repeatable approach that removes emotion
- Ideas-Driven Framework: Inputs and assumptions grounded in explainable ideas, minimizing overfitting risk
- Diversified and Multi-Directional: Trades are taken on both the long and short side of over 50 diversified domestic markets
- Risk Management First: Volatility-adjusted position sizing and risk management is applied before the trade is entered
- Disciplined Profit Management: Trades showing losses are given less leeway than those showing a profit

Risk Management:
The ContraCOT program employs a strict risk management framework which includes the following:
- Volatility-based stop loss orders* are set at the execution of every trade and known prior to execution
- Liquidity screening is applied on all markets traded to ensure liquid markets are entered to reduce slippage
- Consistent risk allocation is employed, based on a systematic positioning model
- Leverage in accounts are continually monitored, ensuring efficient margin usage

Range of Margin Usage: 0% to 35%
Average Risk per Trade: 100bps of Nominal Trading Level (3.5% Margin Usage per Trade on Average)
Average Positions held at once: 3
Max Positions held at once: 8
Average trade duration: 8 days (Average profitable trade: 15 days | Average losing trade: 4 days)

*The placement of contingent orders, such as a ‘‘stop-loss’’ order, will not necessarily limit your losses to the intended amounts, since market conditions may make it impossible to execute such orders

Veerpoint Capital, LLC. (“the Advisor”) is a Minnesota Limited Liability Company that was formed on January 14, 2025 to provide capital appreciation to retail and institutional clients by managing their accounts pursuant to a proprietary trading program focused on commodity futures markets.

Veerpoint Capital, LLC has been registered with the Commodity Futures Trading Commission (CFTC) as a Commodity Trading Advisor (CTA) since January 31, 2025 and has been a member of the National Futures Association (NFA) since that date. The Advisor’s NFA ID number is 0568492. The Advisor first intends to use this disclosure document on May 1, 2025.

The Advisor’s sole Principal and registered Associated Person is Adam Rude. Mr. Rude is responsible for all business operations and trading decisions.

Adam Rude, Principal & CEO of Veerpoint Capital, has been developing trading systems for the last decade. He began designing the ContraCOT strategy in 2021 and started trading it in his proprietary account in Oct 2022. In Jan 2025, he launched Veerpoint Capital, giving investors access to the unique strategy.