DIX HILLS PARTNERS, LLC is an SEC registered investment manager and CTA, managing a highly liquid, futures-based absolute return strategy since July 2003. Dix Hills' investment decisions are based on a systematic interpretation of macroeconomic, valuation and technical factors. Our current investment strategy implements directional and relative value strategies across the US Treasury, German Bund, UK Gilt, Japanese JGB and Eurodollar markets. Our absolute return objective targets an annualized net return of 10-15% with a standard deviation of between 6- 8% and a margin-to-equity ratio between 3 and 5%. Historical investment results have consistently demonstrated non-correlation to most alternative and traditional indices. As such, incorporating DHP Absolute Return Strategies has served to truly diversify our investor's overall portfolio.
DHP Absolute Return Strategies returns are the actual net monthly composite returns selected from the following: ATS from July 1, 2003 through April 8, 2007, DTS from April 9, 2007 through September 31, 2010 and Global Alpha (GA) from October 1, 2010 through present. The data linking the returns for the DHP Absolute Return Strategies is reflective of partner capital invested since inception to date, as well as client assets invested throughout overlapping periods of time, but is not reflective of any one single account managed by Dix Hills, either currently or previously.
ATS Composite returns are based on gross total returns for an asset-weighted composite of fully funded accounts. These gross returns are then reduced on a pro-forma basis by a 1% management fee and 20% performance fee to calculate the net return. A description of such fees is available in Dix Hills' Form ADV Part 2A. Accounts are added to the composite at the beginning of their first full calendar quarter of operation. All Dix Hills Partners strategies are designed and offered as fully funded so as to generate the intended target return profile we are seeking to provide investors
DTS Composite returns are based on gross total returns for an asset-weighted composite composed of all accounts that are fully funded. These gross returns are then reduced on a pro-forma basis by a 1% management fee and 20% performance fee to calculate the net return. Beginning January 1, 2012, the DTS Composite will be based on one fully funded account.
Global Alpha Composite returns are based on gross total returns for an asset-weighted composite of fully funded accounts. These gross returns are then reduced on a pro-forma basis by a 1% management fee and 20% performance fee to calculate the net return. As of January 1, 2012, we have returned to using an asset weighted composite of our fully funded Global Alpha accounts, including the newly launched DHP Strategies, LLC - Global Alpha Portfolio.
NO REPRESENTATION IS MADE THAT THE INVESTMENT PROGRAM WILL, OR IS LIKELY TO, ACHIEVE ITS OBJECTIVES, OR THAT ANY INVESTOR WILL, OR IS LIKELY TO, ACHIEVE RESULTS COMPARABLE TO THOSE SHOWN, OR WILL MAKE ANY PROFIT AT ALL, OR WILL BE ABLE TO AVOID INCURRING SUBSTANTIAL LOSSES. PAST PERFORMANCE IS NOT A GUARANTEE OF FUTURE RESULTS.