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Program Details

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Incline Investment Management, LLC 

Systematic Hybrid

Manager: Ted Parkhill

Address: 920 Incline Way, Suite 2D, Incline Village, NV, 89451, U.S.A.

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RETURNS.

Overview

Program Type:CPO
Inception Date:Jul 1, 2012
AUM:$20,600,000
QEP:Yes
Incentive Fee:20%
Annual Mgt Fee:2%
Min Investment:$100,000
Disclosure Doc:View
Performance Program S&P 500
Total ROR:94.01%232.59%
Annual ROR:7.03%13.12%
YTD:13.00%-4.95%
1 Year:10.12%8.35%
Alpha:0.59
Beta:0.09
Statistics Program S&P 500
Average Monthly Gain:3.69%2.93%
Average Monthly Loss:-4.29%-3.18%
Winning Months:7382
Losing Months:4435
Current DD:0.004.95
Max DD:26.1520.00
Sharpe Ratio (RF 1%):0.35
Annualized Std Dev:17.09

Methodology

Discretionary:0%
Systematic:100%

Strategy

StrategyMulti-Strategy
DirectionalLong / Short
Holding PeriodLong & Short Term
---------------------------
Counter Trend:25%
Pattern Recognition:25%
Trend Following:50%

Monthly Returns as Percentage by Year

JanFebMarAprMayJunJul AugSepOctNovDecYTD
2022-2.964.1411.8213.00
20213.6610.470.598.860.95-3.291.051.530.854.94-8.370.3322.20
20200.18-0.619.472.13-1.76-0.223.810.67-6.171.060.5711.4121.16
2019-5.033.487.560.98-3.745.324.1810.13-12.80-5.351.451.986.02
20187.88-10.800.332.170.650.331.396.72-1.73-10.72-2.23-0.60-8.10
2017-1.893.23-6.620.442.26-4.112.441.49-4.828.001.351.962.87
20168.676.55-7.662.26-8.439.453.35-7.29-1.31-7.053.871.411.45
20154.13-4.300.92-2.68-1.03-3.752.28-3.503.34-8.093.91-7.04-15.57
20145.68-0.990.010.75-0.591.63-5.214.696.65-1.524.403.5119.97
2013-2.17-2.034.02-2.246.040.643.58-1.83-3.38-5.687.134.147.53
20125.933.03-2.45-4.591.221.844.71

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RETURNS.

Program Info

Risk Management is a core focus for IIM. It is what differentiates IIM from the competition. The strategy combines a diversified systematic equities model with a globally diversified systematic futures model each of which employs its own built in risk management disciplines. Stop loss orders are utilized on every trade and no single futures position can exceed 80 basis points of initial risk capital and no single equities position can exceed 30 basis points of initial risk capital. The equities model has an additional layer of risk management with a stock index hedge as an overlay to protect the portfolio from exogenous events. Volatility-based exits are also used to decrease positions in volatile market environments. A transparency and risk management report is generated on a daily basis (a weekly report is available to investors upon request). Risk management at the position level and at the macro portfolio level are separate functions and are both monitored by the CEO as an extra level of safety.

Company Info

The strategy utilizes a proven systematic methodology to trade both equities and futures. The systematic models codify Incline Investment Management, LLC's (IIM) core trading approach while integrating our long-term thematic philosophy and view that markets cannot be predicted over the long run. The strategy provides investors with a unique opportunity to capture trading opportunities that most models do not capture. IIM's methodology incorporates systematic, opportunistic, and hedging strategies across multiple time frames. The goal of IIM's strategy is capital appreciation through the use of our proprietary blend of systematic models.
The strategy is a sysematic hybrid of managed futures and long/short equity.

Manager Info

Mr. Parkhill has over 25 years of management experience in the investment business. He is a founding partner of systematic macro investment manager Incline Investment Management (IIM). He is registered with the National Futures Association as a Principal and Associated Person of IIM. Mr. Parkhill also provides strategic consulting services to hedge funds and financial service firms through Parkhill Financial, LLC. He is also serves as an Adjunct Professor of business at Sierra Nevada College in Incline Village, NV.

Prior to IIM he was the director of marketing for Zazove Associates a multi-billion dollar quantitative convertible securities manager. He was a senior marketing executive at John W. Henry & Company one of the original Commodity Trading Advisors. He was also Managing Director of a small Commodity Trading Advisor in 2007. Before joining the alternative investment space in 2001, Mr. Parkhill spent over ten years in various sales and marketing management roles in the mutual fund industry, notably with Ivy Mackenzie in the U.S. and with Investors Group in Canada. He began his career as an investment analyst with Great-West Life.

Mr. Parkhill earned his MBA from Cornell University with concentrations in Finance and Marketing. He received a B.A. in Economics from the University of Manitoba. He holds his Series 3, 7, 30 and Series 66 licenses and has earned the CFP designation. He is married with three children and resides in Crystal Bay, Nevada.