View Program Details
  Inception Date January 07 Assets Under Mgmt as of August 31, 2010  $11 Million  

  Program Overview

JWH Financial Plus is a financial program that combines three separate two phase reversal systems with a dynamic sizing of individual market positions based on volatility. The three trend-following models utilize different time horizons to permit multiple entry and exit points. Portfolio exposure will vary based on the relative positions (long or short) of the three models used. The program is designed to have lower volatility compared to most other JWH programs. Like all JWH programs, it is non-predictive, trend-following, disciplined and systematic.
Performance Data
2010 (YTD) 5.59%
June 2.74%
July -2.71%
August 5.33%
Risk Analysis (Annualized Standard Deviation)
2010 (YTD) 10.79%
1-Year 11.87%
3-Year 15.37%
5-Year N/A

Statistics Since Inception (1/07-8/10)
Volatility 15.72%
Sharpe Ratio 0.54
Largest Drawdown (3/08-8/08) -11.13%
Average Profitable Month 3.88%

 
Average Unprofitable Month -3.40%
% of Profitable Months 59%
% of Unprofitable Months 41%
Correlation to S&P 500 -0.37
                                                                                                                        




                                                                                                                                           





                                                                                   

                                                                                                 



               Ending August 31, 2010
JWH Financial Plus: $1,422
Barclays Capital U.S. Long Government Bond Index (BCGI) : $1,426
S&P 500 : $802
MSCI EAFE : $764
Goldman Sachs Commodity Index (GSCI) : $714
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.

*Performance shown above was derived using actual trading, adjusted on a pro forma basis for the fees which would likely be charged to a client account traded pursuant to this strategy. Since January 2007 an account using proprietary capital has traded pursuant to this strategy. This account's performance contains hypothetical performance for the period January 1, 2007 through January 4, 2007. This performance is hypothetical because no trades were executed at those prices. Actual trade prices may have varied from these prices. Effective January 5, 2007 actual trading performance has been reflected in the performance. The performance was adjusted for the following fees: 2% annual management fee, paid monthly at 1/12th the annual rate. A 20% incentive fee on net new high profits is accrued monthly and paid quarterly. Interest is earned at 95% of the 3-month T-bill rate. Actual clearing, administration and distribution charges, as well as interest arrangements negotiated by clients may vary from these rates, and JWH does not represent that they are or will be available to clients.

HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS FREQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM. ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE PROGRAMS WHICH CANNOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS, AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS.