Streamline Trading delivered a net return of -8.05% in July, bringing year-to-date performance to +1.28% net of fees. July turned out to be a challenging month for Streamline Trading. The fund recorded its largest loss so far. Of course, that’s disappointing, but after a thorough review we continue to have confidence in our approach. The losses were mainly concentrated in three strategies, each in a different market:
Coffee
Natural Gas
Gold
Although these strategies lost money in July, their results are still within expected ranges. Our 30+ algorithms active across 20+ financial markets operated within expected parameters. What made the month unusual was that there weren’t enough profitable strategies to offset those losses. This meant the normally low correlation between our algorithms was less effective than usual.
In line with our drawdown policy, we have reduced the fund’s overall risk profile. With a maximum drawdown set at 15%, this adjustment is designed to keep further downside manageable. It also means any recovery will likely be more gradual, with capital preservation now the top priority.
Despite July’s setback, the fund remains slightly positive for the year. We stay motivated and committed to our systematic trading principles, confident that this discipline will pay off over the long run.
JulyHighlights
📈 Monthly Performance: -8.05% net
📊 YTD: +1.28% net of fees (+32% since start strategy)
🔗 S&P 500 Correlation: 0.09
Our goal remains unchanged: to consistently deliver stable, uncorrelated returns long term. Thanks for your continued trust and support.