Bensboro Advisors, LLC

Bensboro Seasonal Spread Trading Program *QEP*


Monthly Performance (%)

Date Range: 12/14 - 04/19
  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec  YTD 
2019 1.98 3.39 5.69 -0.51   10.87 
2018 0.75 1.16 0.42 -0.25 2.75 0.22 1.20 2.97 0.74 4.57 1.18 0.41  17.25 
2017 2.82 -0.68 -6.84 7.08 -1.45 -5.03 -4.87 -0.90 -4.12 -0.18 2.31 0.78  -11.30 
2016 -6.34 -3.56 2.18 -3.43 7.06 -0.82 2.87 4.24 0.91 2.15 0.80 -2.45  2.86 
2015 3.08 3.90 0.76 -3.17 -0.27 -1.16 -3.44 -1.23 -4.74 -2.56 3.24 4.61  -1.52 
Note: Estimates appear in italics. All performance data is since program inception.

Strategy Description

We invest only in spreads that exhibit some seasonal tendencies, using only futures contracts in eight major categories. Equities, equity futures and/or equity derivatives are not used. Listed within each category below are some of the respective individual futures used at various times: Currencies: Australian Dollar, British Pound, Canadian Dollar, Euro, Japanese Yen, and the Swiss Franc. Energy: Crude Oil, Heating Oil, Gasoline, and Natural Gas. Grains: Corn and Wheat. Interest Rates: US Treasury Bills, Notes, & Bonds, and Euro Dollars. Livestock: Feeder Cattle, Lean Hogs, and Live Cattle. Metals: Copper, Gold, Palladium, Platinum, and Silver. Softs: Cocoa, Coffee, Cotton, Orange Juice, and Sugar. Soybean Complex: Soybeans, Soybean Meal, and Soybean Oil. If a spread’s current pattern is similar to its long-term and intermediate-term seasonal patterns then we expect, generally, past patterns will repeat to a significant degree based on similar economic and fundamental conditions. The seasonal spread trading program uses time targets rather than price targets when determining optimal entry and exit points for trade execution.

Performance Statistics

Date Range: 12/14 - 04/19
  Program S&P 500 Altegris 40 
Total Return 16.79% 56.04% 0.55% 
Annualized Return 3.65% 10.60% 0.12% 
Annualized Std. Deviation 11.10% 11.62% 8.54% 
Correlation 0.10 -0.05 
Sharpe Ratio (rf=2.5%) 0.10 0.70 -0.28 
Worst Month -6.84% -9.03% -6.10% 
Date of Worst Month 03/2017 12/2018 02/2018 
Worst Drawdown -19.25% -13.52% -13.63% 
Date of Worst Drawdown 3/15 - 10/17 9/18 - 12/18 3/15 - 1/19 
Note: Estimates appear in italics. All performance data is since program inception.

Annual Performance (%)

Date Range: 12/14 - 04/19

Year or YTD Program S&P 500 Altegris 40 
2019 10.87 18.24 5.17 
2018 17.25 -4.38 -4.29 
2017 -11.30 21.84 1.24 
2016 2.86 11.98 -3.13 
2015 -1.52 1.41 0.09 
Note: Estimates appear in italics. All performance data is since program inception.

Performance Comparison

Date Range: 12/14 - 04/19
Date: 4/30/2019
Perf: $988.08 Date: 3/31/2019
Perf: $961.63 Date: 2/28/2019
Perf: $928.31 Date: 1/31/2019
Perf: $922.40 Date: 12/31/2018
Perf: $939.50 Date: 11/30/2018
Perf: $935.57 Date: 10/31/2018
Perf: $946.94 Date: 9/30/2018
Perf: $970.92 Date: 8/31/2018
Perf: $975.31 Date: 7/31/2018
Perf: $951.06 Date: 6/30/2018
Perf: $958.24 Date: 5/31/2018
Perf: $950.26 Date: 4/30/2018
Perf: $962.68 Date: 3/31/2018
Perf: $952.39 Date: 2/28/2018
Perf: $953.25 Date: 1/31/2018
Perf: $1,015.18 Date: 12/31/2017
Perf: $981.61 Date: 11/30/2017
Perf: $971.02 Date: 10/31/2017
Perf: $969.76 Date: 9/30/2017
Perf: $930.76 Date: 8/31/2017
Perf: $950.82 Date: 7/31/2017
Perf: $935.30 Date: 6/30/2017
Perf: $931.67 Date: 5/31/2017
Perf: $959.69 Date: 4/30/2017
Perf: $957.87 Date: 3/31/2017
Perf: $963.65 Date: 2/28/2017
Perf: $977.93 Date: 1/31/2017
Perf: $957.06 Date: 12/31/2016
Perf: $969.57 Date: 11/30/2016
Perf: $962.26 Date: 10/31/2016
Perf: $972.96 Date: 9/30/2016
Perf: $998.73 Date: 8/31/2016
Perf: $1,011.78 Date: 7/31/2016
Perf: $1,039.75 Date: 6/30/2016
Perf: $1,029.25 Date: 5/31/2016
Perf: $987.29 Date: 4/30/2016
Perf: $1,004.88 Date: 3/31/2016
Perf: $1,030.75 Date: 2/29/2016
Perf: $1,061.20 Date: 1/31/2016
Perf: $1,035.73 Date: 12/31/2015
Perf: $1,000.89 Date: 11/30/2015
Perf: $1,024.46 Date: 10/31/2015
Perf: $990.68 Date: 9/30/2015
Perf: $1,008.22 Date: 8/31/2015
Perf: $986.80 Date: 7/31/2015
Perf: $1,004.18 Date: 6/30/2015
Perf: $966.39 Date: 5/31/2015
Perf: $1,019.40 Date: 4/30/2015
Perf: $1,026.79 Date: 3/31/2015
Perf: $1,068.02 Date: 2/28/2015
Perf: $1,044.93 Date: 1/31/2015
Perf: $1,046.60 Date: 12/31/2014
Perf: $1,000.00 Date: 4/30/2019
Perf: $1,564.31 Date: 3/31/2019
Perf: $1,503.42 Date: 2/28/2019
Perf: $1,474.81 Date: 1/31/2019
Perf: $1,428.94 Date: 12/31/2018
Perf: $1,322.97 Date: 11/30/2018
Perf: $1,454.29 Date: 10/31/2018
Perf: $1,425.22 Date: 9/30/2018
Perf: $1,529.86 Date: 8/31/2018
Perf: $1,521.19 Date: 7/31/2018
Perf: $1,473.16 Date: 6/30/2018
Perf: $1,420.33 Date: 5/31/2018
Perf: $1,411.58 Date: 4/30/2018
Perf: $1,378.36 Date: 3/31/2018
Perf: $1,373.14 Date: 2/28/2018
Perf: $1,408.93 Date: 1/31/2018
Perf: $1,462.91 Date: 12/31/2017
Perf: $1,383.63 Date: 11/30/2017
Perf: $1,368.44 Date: 10/31/2017
Perf: $1,327.68 Date: 9/30/2017
Perf: $1,297.45 Date: 8/31/2017
Perf: $1,271.26 Date: 7/31/2017
Perf: $1,267.33 Date: 6/30/2017
Perf: $1,241.75 Date: 5/31/2017
Perf: $1,234.10 Date: 4/30/2017
Perf: $1,216.94 Date: 3/31/2017
Perf: $1,204.53 Date: 2/28/2017
Perf: $1,203.09 Date: 1/31/2017
Perf: $1,157.15 Date: 12/31/2016
Perf: $1,135.57 Date: 11/30/2016
Perf: $1,113.53 Date: 10/31/2016
Perf: $1,073.80 Date: 9/30/2016
Perf: $1,093.70 Date: 8/31/2016
Perf: $1,093.48 Date: 7/31/2016
Perf: $1,091.95 Date: 6/30/2016
Perf: $1,053.10 Date: 5/31/2016
Perf: $1,050.36 Date: 4/30/2016
Perf: $1,031.79 Date: 3/31/2016
Perf: $1,027.78 Date: 2/29/2016
Perf: $962.52 Date: 1/31/2016
Perf: $963.78 Date: 12/31/2015
Perf: $1,014.08 Date: 11/30/2015
Perf: $1,030.36 Date: 10/31/2015
Perf: $1,027.27 Date: 9/30/2015
Perf: $947.32 Date: 8/31/2015
Perf: $971.31 Date: 7/31/2015
Perf: $1,033.64 Date: 6/30/2015
Perf: $1,012.38 Date: 5/31/2015
Perf: $1,032.41 Date: 4/30/2015
Perf: $1,019.26 Date: 3/31/2015
Perf: $1,009.57 Date: 2/28/2015
Perf: $1,025.77 Date: 1/31/2015
Perf: $970.00 Date: 12/31/2014
Perf: $1,000.00 Date: 4/30/2019
Perf: $1,167.94 Date: 3/31/2019
Perf: $1,173.92 Date: 2/28/2019
Perf: $1,110.72 Date: 1/31/2019
Perf: $1,074.30 Date: 12/31/2018
Perf: $1,053.45 Date: 11/30/2018
Perf: $1,049.14 Date: 10/31/2018
Perf: $1,036.91 Date: 9/30/2018
Perf: $991.59 Date: 8/31/2018
Perf: $984.31 Date: 7/31/2018
Perf: $955.92 Date: 6/30/2018
Perf: $944.58 Date: 5/31/2018
Perf: $942.51 Date: 4/30/2018
Perf: $917.28 Date: 3/31/2018
Perf: $919.58 Date: 2/28/2018
Perf: $915.74 Date: 1/31/2018
Perf: $905.24 Date: 12/31/2017
Perf: $898.50 Date: 11/30/2017
Perf: $891.54 Date: 10/31/2017
Perf: $871.41 Date: 9/30/2017
Perf: $872.98 Date: 8/31/2017
Perf: $910.50 Date: 7/31/2017
Perf: $918.77 Date: 6/30/2017
Perf: $965.80 Date: 5/31/2017
Perf: $1,016.95 Date: 4/30/2017
Perf: $1,031.92 Date: 3/31/2017
Perf: $963.69 Date: 2/28/2017
Perf: $1,034.44 Date: 1/31/2017
Perf: $1,041.53 Date: 12/31/2016
Perf: $1,012.96 Date: 11/30/2016
Perf: $1,038.40 Date: 10/31/2016
Perf: $1,030.16 Date: 9/30/2016
Perf: $1,008.48 Date: 8/31/2016
Perf: $999.38 Date: 7/31/2016
Perf: $958.73 Date: 6/30/2016
Perf: $931.98 Date: 5/31/2016
Perf: $939.69 Date: 4/30/2016
Perf: $877.72 Date: 3/31/2016
Perf: $908.90 Date: 2/29/2016
Perf: $889.51 Date: 1/31/2016
Perf: $922.34 Date: 12/31/2015
Perf: $984.78 Date: 11/30/2015
Perf: $941.38 Date: 10/31/2015
Perf: $911.84 Date: 9/30/2015
Perf: $935.79 Date: 8/31/2015
Perf: $982.36 Date: 7/31/2015
Perf: $994.59 Date: 6/30/2015
Perf: $1,030.02 Date: 5/31/2015
Perf: $1,042.11 Date: 4/30/2015
Perf: $1,044.93 Date: 3/31/2015
Perf: $1,079.14 Date: 2/28/2015
Perf: $1,071.00 Date: 1/31/2015
Perf: $1,030.80 Date: 12/31/2014
Perf: $1,000.00
Note: All performance data is since program inception.

Monthly Returns

Date Range: 12/14 - 04/19
Date: 4/30/2019
Return: -0.51 % Date: 3/31/2019
Return: 5.69 % Date: 2/28/2019
Return: 3.39 % Date: 1/31/2019
Return: 1.98 % Date: 12/31/2018
Return: 0.41 % Date: 11/30/2018
Return: 1.18 % Date: 10/31/2018
Return: 4.57 % Date: 9/30/2018
Return: 0.74 % Date: 8/31/2018
Return: 2.97 % Date: 7/31/2018
Return: 1.20 % Date: 6/30/2018
Return: 0.22 % Date: 5/31/2018
Return: 2.75 % Date: 4/30/2018
Return: -0.25 % Date: 3/31/2018
Return: 0.42 % Date: 2/28/2018
Return: 1.16 % Date: 1/31/2018
Return: 0.75 % Date: 12/31/2017
Return: 0.78 % Date: 11/30/2017
Return: 2.31 % Date: 10/31/2017
Return: -0.18 % Date: 9/30/2017
Return: -4.12 % Date: 8/31/2017
Return: -0.90 % Date: 7/31/2017
Return: -4.87 % Date: 6/30/2017
Return: -5.03 % Date: 5/31/2017
Return: -1.45 % Date: 4/30/2017
Return: 7.08 % Date: 3/31/2017
Return: -6.84 % Date: 2/28/2017
Return: -0.68 % Date: 1/31/2017
Return: 2.82 % Date: 12/31/2016
Return: -2.45 % Date: 11/30/2016
Return: 0.80 % Date: 10/31/2016
Return: 2.15 % Date: 9/30/2016
Return: 0.91 % Date: 8/31/2016
Return: 4.24 % Date: 7/31/2016
Return: 2.87 % Date: 6/30/2016
Return: -0.82 % Date: 5/31/2016
Return: 7.06 % Date: 4/30/2016
Return: -3.43 % Date: 3/31/2016
Return: 2.18 % Date: 2/29/2016
Return: -3.56 % Date: 1/31/2016
Return: -6.34 % Date: 12/31/2015
Return: 4.61 % Date: 11/30/2015
Return: 3.24 % Date: 10/31/2015
Return: -2.56 % Date: 9/30/2015
Return: -4.74 % Date: 8/31/2015
Return: -1.23 % Date: 7/31/2015
Return: -3.44 % Date: 6/30/2015
Return: -1.16 % Date: 5/31/2015
Return: -0.27 % Date: 4/30/2015
Return: -3.17 % Date: 3/31/2015
Return: 0.76 % Date: 2/28/2015
Return: 3.90 % Date: 1/31/2015
Return: 3.08 % Date: 12/31/2014
Return: 0.00 %
Note: All performance data is since program inception.

Distribution of Monthly Returns

Date Range: 12/14 - 04/19
Return: 6.00 %
Count: 1 Return: -7.00 %
Count: 1 Return: -2.00 %
Count: 1 Return: 7.00 %
Count: 2 Return: 2.00 %
Count: 4 Return: -4.00 %
Count: 2 Return: -6.00 %
Count: 1 Return: 5.00 %
Count: 2 Return: -5.00 %
Count: 3 Return: -1.00 %
Count: 7 Return: -3.00 %
Count: 4 Return: 1.00 %
Count: 9 Return: 4.00 %
Count: 2 Return: 3.00 %
Count: 7 Return: 0.00 %
Count: 7
Note: All performance data is since program inception.

Underwater Curve

Date Range: 12/14 - 04/19
Date: 4/30/2019
Drawdown: -0.51 % Date: 3/31/2019
Drawdown: 0.00 % Date: 2/28/2019
Drawdown: 0.00 % Date: 1/31/2019
Drawdown: -0.45 % Date: 12/31/2018
Drawdown: -2.38 % Date: 11/30/2018
Drawdown: -2.78 % Date: 10/31/2018
Drawdown: -3.91 % Date: 9/30/2018
Drawdown: -8.11 % Date: 8/31/2018
Drawdown: -8.79 % Date: 7/31/2018
Drawdown: -11.42 % Date: 6/30/2018
Drawdown: -12.47 % Date: 5/31/2018
Drawdown: -12.66 % Date: 4/30/2018
Drawdown: -15.00 % Date: 3/31/2018
Drawdown: -14.79 % Date: 2/28/2018
Drawdown: -15.14 % Date: 1/31/2018
Drawdown: -16.12 % Date: 12/31/2017
Drawdown: -16.74 % Date: 11/30/2017
Drawdown: -17.38 % Date: 10/31/2017
Drawdown: -19.25 % Date: 9/30/2017
Drawdown: -19.10 % Date: 8/31/2017
Drawdown: -15.63 % Date: 7/31/2017
Drawdown: -14.86 % Date: 6/30/2017
Drawdown: -10.50 % Date: 5/31/2017
Drawdown: -5.76 % Date: 4/30/2017
Drawdown: -4.38 % Date: 3/31/2017
Drawdown: -10.70 % Date: 2/28/2017
Drawdown: -4.14 % Date: 1/31/2017
Drawdown: -3.49 % Date: 12/31/2016
Drawdown: -6.13 % Date: 11/30/2016
Drawdown: -3.78 % Date: 10/31/2016
Drawdown: -4.54 % Date: 9/30/2016
Drawdown: -6.55 % Date: 8/31/2016
Drawdown: -7.39 % Date: 7/31/2016
Drawdown: -11.16 % Date: 6/30/2016
Drawdown: -13.64 % Date: 5/31/2016
Drawdown: -12.92 % Date: 4/30/2016
Drawdown: -18.66 % Date: 3/31/2016
Drawdown: -15.78 % Date: 2/29/2016
Drawdown: -17.57 % Date: 1/31/2016
Drawdown: -14.53 % Date: 12/31/2015
Drawdown: -8.74 % Date: 11/30/2015
Drawdown: -12.77 % Date: 10/31/2015
Drawdown: -15.50 % Date: 9/30/2015
Drawdown: -13.28 % Date: 8/31/2015
Drawdown: -8.97 % Date: 7/31/2015
Drawdown: -7.84 % Date: 6/30/2015
Drawdown: -4.55 % Date: 5/31/2015
Drawdown: -3.43 % Date: 4/30/2015
Drawdown: -3.17 % Date: 3/31/2015
Drawdown: 0.00 % Date: 2/28/2015
Drawdown: 0.00 % Date: 1/31/2015
Drawdown: 0.00 %
Note: All performance data is since program inception.

Underwater Curve

Manager Information

Manager Name:  Bensboro Advisors, LLC
Address: 120 East Basse Road, Suite 102
City: San Antonio
State: TX
Zip: 78209
Country: USA

Key People

Name:  T. Matthew Trump
Position:  Principal
Biography: 

T Matthew Trump is a co-founder, principal, and manager of the General Partner and the affiliated Trading Advisor. He is responsible, alongside, Charles W. Robinson III, CFA, for the overall management and direction of the General Partner, the Trading Advisor, and the Partnership. Mr. Trump became a CFTC-listed Principal of the General Partner as of October 17, 2014. He further became a CFTC-registered Associated Person and Branch Manager of the General Partner, as well as an Associate Member of the NFA in these capacities, on October 28, 2014. Mr. Trump began his financial and advisory services career as a registered representative of Legg Mason Wood Walker, Inc. (“Legg Mason”), a diversified financial services company offering securities brokerage, investment advisory, and corporate and public financial services, at their Baltimore, Maryland offices (August 1996 to November 2000). In this role, he was responsible for developing client relationships, client portfolio solutions and positioning, consultative presentations, and increasing both product and regulatory knowledge. Following his departure from Legg Mason, Mr. Trump became a registered principal in Towson, Maryland with Raymond James Financial Services, Inc., a subsidiary of Raymond James Financial (collectively, “Raymond James”), a diversified financial services holding company with subsidiaries engaged primarily in investment and financial planning, in addition to investment banking and asset management (November 2000 to December 2005). At Raymond James, Mr. Trump established an Office of Supervisory Jurisdiction from which he oversaw the activities of financial advisors within his office as well as a satellite office location in Westminster, Maryland. While associated with Raymond James, Mr. Trump developed and perfected his “relative strength” methodology in conjunction with point and figure charting utilizing exchange traded funds. From January 2006 to May 2008, Mr. Trump served as a registered representative and vice president of Chapin Davis, Inc. (“Chapin Davis”), a registered broker-dealer and investment advisory firm founded in 1952 with offices located in Baltimore, Maryland. At Chapin Davis, Mr. Trump managed client accounts on a discretionary basis utilizing technical analysis. Simultaneous with his position at Chapin Davis, Mr. Trump also served as a registered investment advisor representative of Calvert Investment Counsel, Hunt Valley, Maryland (“Calvert”), an independent, fee-based registered investment advisor providing wealth and investment management services to both individuals and institutions (January 2006 to January 2007). Mr. Trump’s duties and responsibilities included both product research and analysis, as well as the introduction and implementation of a new cash-flow oriented financial planning system. During this time period Mr. Trump became an affiliate member of the Market Technicians Association (“MTA”), founded the MTA’s Baltimore Chapter, and served as Chairman of said Chapter. Incorporated in 1973, the MTA is dedicated to education of the public, the investment community, and its membership in the theory, practice, and application of technical analysis. In May 2008, Mr. Trump became affiliated with ProFunds Distributors, Inc. (“ProFunds”), a mutual fund distribution firm headquartered in Bethesda, Maryland, where he served as a regional vice president responsible for business plan strategy development and execution for the “heartland” territory (May 2008 to August 2014). In this capacity, Mr. Trump focused on increasing brand awareness through the delivery of product presentations to wirehouse firms and independent registered investment advisors and the ongoing development, maintenance, and servicing of such relationships. Prior to the organization of the Trading Advisor and the General Partner Mr. Trump focused on the investment and management of his proprietary assets and accounts. Mr. Trump obtained his Chartered Market Technician (“CMT”) designation in 2008 and continues to be an active CMT Charterholder. He currently serves as co-chair for the MTA’s Dallas Chapter. His experience in portfolio management includes equities, derivatives, and the foreign exchange (i.e., “Forex”) markets. Mr. Trump is a United States military veteran who received 10 medals and ribbons for his honorable service as a United States Marine during the 1990-1991 Gulf War. Upon his return he became the Nuclear Biological and Chemical Warfare NCOIC for the 4th Combat Engineer Battalion, 4th Marine Division, Engineer Support Company in Baltimore, Maryland. Later he held the same position for the 4th Battalion, 14th Marines, in Bessemer, Alabama. Mr. Trump currently lives in the Dallas/Fort Worth area with his wife Elizabeth and their three young boys. Mr. Trump is a graduate of the University of Alabama where he was awarded a bachelor of science in Business Administration with a concentration in Finance in 1996. He is FINRA Series 3 (Commodity Futures Examination) and Series 30 (Branch Manager’s Examination) examination qualified.


Name:  Charles W. Robinson III
Position:  Principal
Biography: 

Charles W. Robinson III is a co-founder, principal, and manager of the General Partner and the affiliated Trading Advisor. He is responsible, alongside T. Matthew Trump, CMT, for the overall management and direction of the General Partner, the Trading Advisor, and the Partnership. Mr. Robinson became a CFTC-listed Principal and a CFTC-registered Associated Person of the General Partner, as well as an Associate Member of the NFA in these capacities, on October 28, 2014. Mr. Robinson began his financial and advisory services career as a runner and phone clerk for Rufenacht, Bromagen & Hertz (“RB&H”), a Futures Commission Merchant, on the floor of the Chicago Mercantile Exchange (September 1984 to September 1985). Following his departure from RB&H, he became an NFA associate member and associated person of Billy Jones (doing business as “W.D. Gann Trading Company”), an NFA registered introducing broker, commodity pool operator, and commodity trading advisor firm (September 1985 to September 1986). Mr. Robinson co-founded Robinson Taylor Investments (“RTI”), a Chicago, Illinois based registered commodity trading advisor where he served as a principal and associated person managing client assets (September 1986 to October 1987). RTI introduced futures trades in client accounts through Sterling Futures Inc. (“Sterling”), an Introducing Broker, and Kevin S. Fitzpatrick (“Fitzpatrick”). While Mr. Robinson was not directly employed by either the Sterling or Fitzpatrick firms, strictly for purposes of maintaining the foregoing trade execution arrangements, he maintained registration as an associated person of both firms during RTI’s year of operations (and for a short period beyond). He then associated with USAA, a diversified financial services company, to perform mutual fund customer service functions at their San Antonio, Texas offices (February 1988 through May 1988), before holding the positions of administrative assistant, then supervisor of loan documentation review in San Antonio, Texas with NCNB Texas National Bank, a financial products and services firm (September 1988 to September 1990). Subsequently, he served as a due diligence analyst at Ventex (“Ventex”), a venture capital firm with offices located in the Texas Research Park, San Antonio, Texas (September 1990 to December 1991). While employed with Ventex, Mr. Robinson also taught portfolio theory and computer applications in finance at the University of Texas at San Antonio’s Graduate School of Business during the fall semester of 1991. In January 1992, Mr. Robinson became associated with Leavy Investment Management Inc., a Securities Exchange Commission registered investment advisor based in Kerrville, Texas, where he served as a member of a small team charged with management of over $750 million in institutional assets through May 1993. Mr. Robinson then served as a vice president and portfolio manager for NationsBank, a financial products and services firm, at their San Antonio, Texas offices, where he managed over $200 million in individual client assets (May 1993 to September 1997). Mr. Robinson is the founder and managing principal of Robinson Value Management, Ltd. (“RVM”), a registered investment advisor firm with offices located in San Antonio, Texas (September 1997 to the present). As the managing principal of RVM, Mr. Robinson focuses his efforts on the discretionary management of client assets pursuant to defined investment strategies. Mr. Robinson currently serves on the Capital Campaign for Keystone School, is an elder at First Presbyterian Church, and a member of the Merry Knights of King William and the Order of the Alamo. He currently lives in San Antonio with his wife Amy and their two children. Mr. Robinson is a Chartered Financial Analyst (“CFA”) Charterholder (April 1984 to present). He is a member of the CFA Institute and a past president of the CFA Society of San Antonio (formerly known as San Antonio Society of Financial Analysts). He is a graduate of the University of Texas at San Antonio where he was awarded a master of business administration in finance in May of 1991. He also earned a bachelor of arts degree in economics from Davidson College in 1984. He is FINRA Series 3 (Commodity Futures Examination) examination qualified.


Additional Information

 Futures Sectors Traded
 Interest Rates Yes 
 Currencies Yes 
 Metals Yes 
 Energies Yes 
 Softs Yes 
 Grains Yes 
 Meats Yes 
 Investment Methodology
 Fundamental Analysis Yes 
 Macro-economic Yes 
 Discretionary Yes 
 Diversified Yes 
 Other Yes 
 Instruments Traded
 Futures Yes 
 Geographical Focus
 Global Yes 
 Holding Period
 Medium Term Yes 
 Investment Terms & Information
 Managed Account Minimum: $1,000,000 
 Margin / Equity Ratio: 10% 
 Managed Account Availability: Open