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J.D. Turner Capital, LLC 

Diversified Trend Following Strategy

Manager: Joshua Turner

Address: 1514 Cavel Rd., Rosedale, MD, 21237, U.S.A.

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RETURNS.

Overview

Program Type:CTA
Inception Date:Jan 1, 2020
AUM:$129,371
QEP:No
Incentive Fee:20%
Annual Mgt Fee:2%
Min Investment:$100,000
Disclosure Doc:View
Performance Program S&P 500
Total ROR:82.75%74.83%
Annual ROR:13.54%12.48%
YTD:9.89%18.42%
1 Year:11.28%31.72%
Alpha:
Beta:
Statistics Program S&P 500
Average Monthly Gain:6.55%4.42%
Average Monthly Loss:-6.88%-4.76%
Winning Months:3636
Losing Months:2120
Current DD:0.000.00
Max DD:46.5024.77
Sharpe Ratio (RF 1%):0.34
Annualized Std Dev:36.74

Methodology

Discretionary:5%
Systematic:95%

Strategy

StrategyMulti-Strategy
DirectionalLong / Short
Holding PeriodLong & Short Term
---------------------------
Option Purchase:25%
Option Writing:25%
Trend Following:50%

Monthly Returns as Percentage by Year

JanFebMarAprMayJunJul AugSepOctNovDecYTD
20243.450.06-2.215.59-1.780.10-1.912.324.199.89
20232.67-1.381.61-1.705.56-7.651.59-1.34-2.894.65-2.79-0.46-2.83
20220.850.544.030.232.737.241.12-3.261.422.41-1.681.8518.51
20219.343.81-13.85-9.25-6.77-3.1519.1012.3017.96-10.794.566.6925.81
202019.4044.00-23.2121.204.600.29-18.468.021.21-0.70-29.179.0714.80

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RETURNS.

Program Info

J.D Turner Capital’s Diversified Trend Following Strategy seeks to combine traditional and modern trend following to find stronger trends and weaker correlation. The methodology offers market-neutral exposure to a broad market of commodities, interest rate, currency, and stock index futures within 17 traded markets.

Risk Management:

The system uses a systematic approach in risk management, deploying systematic option hedging tactics. Capital is dynamically allocated within our strategy based on account size, averaged volatility metrics, correlation and potential directional risk. The trend models used to trade each market are technical: based purely on price and price derivative data.

Returns prior to August, 2023 are based on proforma adjustments to a proprietary account to reflect fees. Client accounts, from August 2023 on, are traded in like fashion.

The original model (from Jan 2020 to Dec 2021) was based on pure trend following and has evolved to include new risk management models employed in January 2022 to reduce volatility and risk. The current model uses a systematic approach in risk management, deploying systematic option hedging tactics, in addition to lower margin-equity targets from 30% to 15%.

Since inception of new risk management models, max drawdown has decreased from -46.5% (2/20-6/21) to -10.11% (5/23-9/23).

Company Info

J.D. Turner Capital LLC. (“J.D. Turner” or “Advisor”) is a limited liability company formed in Maryland on September 24, 2021 and is located at 1514 Cavel Rd. Rosedale, MD 21237. J.D. Turner Capital LLC. was registered with the Commodity Futures Trading Commission (CFTC) as a Commodity Trading Advisor (“CTA”) on October 05, 2021 and became a member of the National Futures Association (NFA) on October 06, 2021. Joshua Turner is the trading principal of J.D. Turner Capital LLC. Mr. Turner became an associated NFA member on October 06, 2021. Mr. Turner was listed as a principal of the advisor on October 05, 2021. J.D. Turner Capital LLC.

Manager Info

Joshua D. Turner is the manager of the Diversified Trend Following Strategy.

Prior to founding J.D. Turner Capital LLC, a CFTC registered and NFA member Commodities Trading Advisory firm. He has accumulated over a decade in experience with trading the markets, focused mainly on technical analysis and trend following. Before working in the world of finance, he spent twelve years in the specialty chemical manufacturing sector, using datasets and modeling to control precise chemical reactions, utilizing flow rates, dilution rates, temperatures, specific gravity, pH curves, etc.., and has developed skills in risk management, leadership, and adaptability.