View Program Details
  Inception Date August 86 Assets Under Mgmt as of July 31, 2010  $13 Million  

  Program Overview

The International Foreign Exchange Program seeks to identify and capitalize on intermediate-term price movements in a broad range of both major and minor currencies primarily trading on the interbank market. Positions are taken as outrights against the US dollar or non-dollar cross rates. This program uses the three-phase forex investment style.
Performance Data
2010 (YTD) -9.12%
May -4.18%
June -0.70%
July -1.35%
Risk Analysis (Annualized Standard Deviation)
2010 (YTD) 5.51%
1-Year 7.34%
3-Year 26.84%
5-Year 24.39%

5-Year Statistics (8/05-7/10)
Volatility 24.39%
Sharpe Ratio -0.14
Largest Drawdown (7/05-1/08) -42.98%
Average Profitable Month 5.19%

 
Average Unprofitable Month -4.41%
% of Profitable Months 45%
% of Unprofitable Months 55%
Correlation to S&P 500 -0.29




                                                                                                                                           





                                                                                   

                                                                                                 


                                                                                                                                                                                                                                             



Annual rates of return are provided for the past five years. Long-term performance looks at annualized returns for the recent three-year and five-year periods, as well as from inception. The same periods are applied in the risk analysis shown, using standard deviation as a measure of risk.


               Ending July 31, 2010
International Foreign Exchange Program: $9,417
Barclays Capital U.S. Long Government Bond Index (BCGI) : $7,138
S&P 500 : $8,134
MSCI EAFE : $4,199
Goldman Sachs Commodity Index (GSCI) : $5,382
This chart shows the growth of a hypothetical Investment of $1,000
invested at the inception of the program and maintained through
the current period, as indicated.



The Performance Notes and Terms are an integral part of the performance data presented on this page and should be read in conjunction with it.

Click on here to view the JWH Programs and Performance notes.

An investment with JWH is speculative, involves a high degree of risk, and is designed only for sophisticated investors who are able to bear the loss of more than their entire investment. Read and examine the disclosure document before seeking JWH's services.

The information on this web site may not be reproduced or used in conjunction with any securities offering and is not for reproduction or distribution without the prior written consent of JWH.

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.