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Manager List    »    Schindler Capital Management, LLC    »   

Schindler Capital Management, LLC - Dairy Advantage Program



Principal(s): Daniel Schindler
Strategy: Fundamental / Ag & Livestock
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Statistics & Program Information

Jun 2025 Return   -7.73% Worst Drawdown (2)    -41.49% Minimum Investment   $400,000
YTD Return: -7.1% Losing Streak (3):  -29.11% AUM (5):  $700,800
Annualized CROR(1)  29.99% Sharpe Ratio 4% RF ROR(4):  0.48 Calmar Ratio (6):  -0.29
2) Annualized ACROR is based on compounding. Please see Footnotes for more information.
Trading Methodology
100% Discretionary
Style Sub-Categories
Fundamental
Trading Style
100% Trend Following
Market Sector
100% Dairy - Class III Mil Futures
Holding Period
45% Long Term
45% Medium Term
10% Short Term
Geographic Sector
US
Contracts:
Futures

Start Date   Aug-2005 Currency   US Dollar Management Fee    2.00%
Accepting New Accounts   Yes Min Investment    $400,000 Incentive Fee    20.00%
NFA Member    Yes Fund Minimum    $0 Other Fees   None
NFA Number    0410568 Margin (7)   5-10% Avg Comm (8)   $50.00
Notional Funds    Yes Round Turns Per Million (10)    250 Max Comm (9)   0.00
Starting Date:  Aug-2005 Currency:  US Dollar
Open to New Investors:  Yes Current Assets:  $700,800
Open to US Investors:  Yes Annualized CROR:  20.02%
Minimum Fund Investment:  $0
Minimum Managed Account:  $400,000 Current Losing Streak:  -29.11 %
Domocile:   Calmar:  -0.29
Subscriptions:  N/A Sharpe Ratio: 4% RF ROR  0.48
Redemptions:  N/A US Attorney:  Not Listed
Lock Up:  N/A Offshore Attorney:  Not Listed
Hurdle Rate:  N/A Administrator:  Not Listed
Administraton Fee:  0.00% Prime Broker:  Not Listed
Management Fee:  2.00% Auditor:  Not Listed
Incentive Fee:  20.00% NFA Member:  Yes
Selling Fee:  0.00% FINRA Member:  No
Other Fees:  None Other Memberships:  
Type of Fund:
Domicile:
Strategy:
Track Record Prepared By: CTA Services LLC
Correlations:

Growth of $1,000 VAMI and Monthly Returns

Trading Description, Risk Strategy & Background

The Advisor focuses on factors that affect the supply and demand of a particular commodity which are examined in order to predict future prices for markets included in its Advantage trading programs. For example, some of the fundamental factors affecting the dairy markets include milk production statistics, dairy cow slaughter numbers, cost of feed, crop production, yield statistics, planting intentions and weather. Fundamental factors affecting demand include commercial disappearance of dairy end-products, dairy exports, historic and seasonal patterns, and general U.S. and world economic conditions. In addition to USDA and NASS weekly and monthly reports, the Advisor has developed a network of individual dairy farmers across the country, commercial cheese operations and traders that help him come up with his bias on the market. Trade volume is expected to be quite low, since this is a trend-following approach. Positions are typically held several days, and even weeks to months are not uncommon. However, there may be times when trade volume increases for short periods, such as when positions are exited or reversed due to a sudden change in the trend.

Daniel Scott Schindler was born in 1966 and is the sole principal, registered associated person, and managing member of the Advisor. He is responsible for all trading decisions and the general management of the firm. Mr. Schindler earned a Bachelor of Science degree in Applied Mathematics from the University of Wisconsin-Stout in 1991. From February 2004 through December 2020, Mr. Schindler was a full-time futures trader and broker at KDM Trading, Inc., a boutique dairy-risk management brokerage, holding the position of Vice President. Mr. Schindler has been a listed principal of the Advisor since May 7, 2009 and a registered associated person of the Advisor since June 30, 2009.

Performance

Monthly Performance Since

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov DecROR Max DD
2025 -3.82% -2.87% -0.14% -0.16% 7.62% -7.73%   -7.51% -7.73%
2024 0.77% -1.48% -5.96% 2.58% 13.16% -3.85% 6.26% 13.73% 4.79% -9.86% -6.01% -0.14% 11.64% -15.4%
2023 -6.38% -0.62% -1.19% -3.33% -1.01% 0.00% -0.56% 4.18% -3.07% -0.27% -0.02% -0.09% -12% -12.52%
2022 -0.52% 1.81% 4.53% 0.37% 2.64% -5.06% -16.33% -2.69% 4.11% -3.67% 1.77% -1.12% -14.92% -22.7%
2021 -0.12% -0.33% 0.03% -0.78% -8.04% -5.31% -0.09% 0.66% 3.48% 1.12% -0.66% 10.13% -0.95% -14.04%
2020 -0.15% -0.25% -3.65% -0.07% 10.27% 13.23% -0.14% -7.91% -0.27% 2.42% -1.09% -0.02% 11.21% -8.29%

Annual Performance

Years200520062007200820092010
ROR-25.31%76.10%610.45%59.42%35.25%-27.44%
Max DD-26.21%-11.93%-24.20%-26.00%-23.76%-31.19%
Years201120122013201420152016
ROR95.32%-2.87%1.18%48.99%-3.44%10.19%
Max DD-17.61%-16.94%-11.08%-0.80%-4.26%-1.32%
Years201720182019202020212022
ROR-8.12%-9.47%20.14%11.21%-0.95%-14.92%
Max DD-8.79%-10.20%-1.10%-8.29%-14.04%-22.70%
Years202320242025 YTD
ROR-12.00%11.64%-7.51%
Max DD-12.52%-15.40%-7.73%


PAST PERFORMANCE DOES NOT GUARANTEE FUTURE SUCCESS. THERE IS A RISK OF LOSS IN FUTURES TRADING.

RISK DISCLOSURE

PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.

THIS MATTER IS INTENDED AS A SOLICITATION FOR MANAGED FUTURES. THE RISK OF TRADING COMMODITY FUTURES, OPTIONS, FOREIGN EXCHANGE ('FOREX') AND/OR CRYPTOCURRENCIES IS SUBSTANTIAL. THE HIGH DEGREE OF LEVERAGE ASSOCIATED WITH COMMODITY FUTURES, OPTIONS AND FOREX CAN WORK AGAINST YOU AS WELL AS FOR YOU. THIS HIGH DEGREE OF LEVERAGE CAN RESULT IN SUBSTANTIAL LOSSES, AS WELL AS GAINS. YOU SHOULD THEREFORE CAREFULLY CONSIDER WHETHER SUCH TRADING IS SUITABLE FOR YOU IN LIGHT OF YOUR FINANCIAL CONDITION. IF YOU ARE UNSURE YOU SHOULD SEEK PROFESSIONAL ADVICE. AN INVESTOR MUST READ AND UNDERSTAND THE CTA’S CURRENT DISCLOSURE DOCUMENT BEFORE INVESTING. THERE ARE NO GUARANTEES OF PROFIT NO MATTER WHO IS MANAGING YOUR MONEY.

PAST PERFORMANCE DOES NOT GUARANTEE FUTURE SUCCESS. IN SOME CASES MANAGED ACCOUNTS ARE CHARGED SUBSTANTIAL COMMISSIONS AND ADVISORY FEES. THOSE ACCOUNTS SUBJECT TO THESE CHARGES, MAY NEED TO MAKE SUBSTANTIAL TRADING PROFITS JUST TO AVOID DEPLETION OF THEIR ASSETS. EACH COMMODITY TRADING ADVISOR ("CTA") IS REQUIRED BY THE COMMODITY FUTURES TRADING COMMISSION ("CFTC") TO ISSUE TO PROSPECTIVE CLIENTS A RISK DISCLOSURE DOCUMENT OUTLINING THESE FEES, CONFLICTS OF INTEREST AND OTHER ASSOCIATED RISKS. A HARD COPY OF THESE RISK DISCLOSURE DOCUMENTS ARE READILY AVAILABLE BY CLICKING ON EACH CTA'S "REQUEST DISCLOSURE DOCUMENT" BUTTON.

THE FULL RISK OF COMMODITY FUTURES, OPTIONS AND FOREX TRADING CAN NOT BE ADDRESSED IN THIS RISK DISCLOSURE STATEMENT. NO CONSIDERATION TO INVEST SHOULD BE MADE WITHOUT THOROUGHLY READING THE DISCLOSURE DOCUMENT OF EACH OF THE CTAS IN WHICH YOU MAY HAVE AN INTEREST. REQUESTING A DISCLOSURE DOCUMENT PLACES YOU UNDER NO OBLIGATION AND EACH DOCUMENT IS PROVIDED AT NO COST. THE CFTC HAS NOT PASSED UPON THE MERITS OF PARTICIPATING IN ANY OF THE FOLLOWING PROGRAMS NOR ON THE ADEQUACY OR ACCURACY OF THE DISCLOSURE DOCUMENTS. OTHER DISCLOSURE STATEMENTS ARE REQUIRED TO BE PROVIDED TO YOU BEFORE AN ACCOUNT MAY BE OPENED FOR YOU.

PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS. PROSPECTIVE CLIENTS SHOULD NOT BASE THEIR DECISION ON INVESTING IN THIS TRADING PROGRAM SOLELY ON THE PAST PERFORMANCE PRESENTED. ADDITIONALLY, IN MAKING AN INVESTMENT DECISION, PROSPECTIVE CLIENTS MUST ALSO RELY ON THEIR OWN EXAMINATION OF THE PERSON OR ENTITY MAKING THE TRADING DECISIONS AND THE TERMS OF THE ADVISORY AGREEMENT INCLUDING THE MERITS AND RISKS INVOLVED.

AUTUMN GOLD CTA INDEXES ARE NON-INVESTABLE INDEXES COMPRISED OF THE CLIENT PERFORMANCE OF CTA PROGRAMS INCLUDED IN THE AUTUMN GOLD DATABASE AND DO NOT REPRESENT THE COMPLETE UNIVERSE OF CTAS. INVESTORS SHOULD NOTE THAT IT IS NOT POSSIBLE TO INVEST IN THESE INDEXES.