Factsheet
Factsheet | October 2008
Superfund Q-AG
Superfund Q-AG1 ended the month of October with a performance of +17.52 %
The global credit crisis continued to extract a steep price across world equity, currency, and commodity markets in October amid the
realization that severe economic damage appears to be inevitable and widespread. Global equity markets posted losses between 20% and
35% as interbank lending came to a near halt amid fears of a meltdown of the entire financial system. Volatility rose to levels not seen since
1987 as investors liquidated positions in equities and commodities in a mad rush to raise cash. Short term treasury markets moved to multi
year highs as widespread deleveraging across various asset classes converged into 3 month government debt. The US dollar benefited from
heavy liquidation in emerging markets ranging from South America to Asia and Eastern Europe. The Yen posted gains of 16%-21% against
the Euro, the Australian Dollar, and the Canadian Dollar amid an unwinding of the carry trade, adding fuel to dollar gains in the process.
Meanwhile, commodities, from energy markets to metals and agricultural products, continued to deflate as demand destruction gathered
momentum while productive capacity remained at elevated levels due to recent historic price appreciation
HISTORICAL PERFORMANCE
PERF
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
Jan
3.46
-2.54
4.11
1.84
1.55
-0.59
12.76
2.97
-6.97
4.77
0.62
-2.21
%
%
%
%
%
%
%
%
%
%
%
%
Feb
8.24
4.58
0.98
-1.14
1.45
-2.48
12.04
8.69
0.49
-3.32
-6.43
14.17
%
%
%
%
%
%
%
%
%
%
%
%
Inception: 3/8/1996
Mar
-2.09
-4.62
3.60
-1.70
-4.20
12.76
-1.44
-16.72
0.42
1.94
2.32
-3.46
1.59
Apr
May
NAV/Index: 1,000.00
Jun
Jul
%
1.12 % -0.59 % -0.05 % -0.17
% -2.49 % 7.94 % 7.41 % 11.32
% -4.81 % 8.74 % 1.96 % 10.40
%
6.32 % -5.80 % -0.43 %
1.13
% -0.20 % 6.27 % 1.13 % -4.08
% -12.81 % 4.32 % 0.39 %
1.83
% -2.99 % 1.31 % 13.67 % 13.78
% -1.60 % 10.04 % -4.83 % -1.02
% -11.69 % 4.08 % -7.04 %
0.52
% -9.04 % 2.62 % 3.88 % -0.82
%
3.51 % -5.27 % -2.14 % -8.98
%
7.61 % 3.52 % 2.45 % -6.84
% -1.23 % 6.52 % 9.88 % -10.26
Aug
Sep
Oct
Nov
Dec
Jan-Dec Cumulated
-10.30 %
8.27 %
75.98 %
120.67 %
171.84 %
223.02 %
347.11 %
455.90 %
516.94 %
496.58 %
559.05 %
547.09 %
%
0.75 % -1.48 % -1.76 % -0.29 % -6.07 % -10.30 %
% -11.42 % 0.80 % -6.24 %
1.60 % 5.58 % 20.70 %
%
9.88 % -0.65 % -3.21 % 13.77 % 9.90 % 62.55 %
% -2.71 % 4.53 % -3.17 % 10.56 % 10.50 % 25.39 %
% 10.90 % -6.29 % -4.42 %
5.06 % 18.96 % 23.19 %
%
6.15 % 15.41 %
3.95 % -12.76 % -0.98 % 18.82 %
%
8.20 % 11.94 % -13.78 % -6.38 % 16.58 % 38.42 %
%
1.47 % -2.87 %
6.54 % -2.25 % 12.86 % 24.33 %
% -3.80 % 4.04 %
2.58 %
8.99 % 2.74 % 10.98 %
% -1.16 % 1.11 % -6.29 %
9.53 % 2.86 % -3.30 %
% -0.18 % 6.01 %
5.66 % -0.26 % 9.43 % 10.47 %
% -8.71 % 5.36 %
8.32 % -5.71 % 3.43 % -1.81 %
% -8.36 % 2.59 % 17.52 %*
30.02 %
741.32 %
* estimated end-of-month index
Schematic representation. The actual diversification is continuously adjusted to the current market situation.
RETURN STATISTICS
NAV per 10/31/2008 **
Since inception
Annualized geometric
YTD
One year rolling
Three year rolling
Five year rolling
Average monthly
Highest monthly
Lowest monthly
Fund statistics are calculated since inception.
OeKB-WPKNR:
ISIN:
WPKNR-Germany:
Management fee:
Incentive fee:
Redemption:
8,413.15
741.32 %
18.32 %
30.02 %
26.80 %
58.88 %
66.97 %
1.41 %
18.96 %
-16.72 %
RISK STATISTICS
Annual standard deviation
Monthly standard deviation
Max. initial risk per trade
Typical margin to equity
Maximum drawdown
Maximum time off peak
% of positive months
23.53 %
6.79 %
1.00 %
20 %
19.93 %
22 months
57.24 %
** estimated end-of-month index
EFFICIENCY STATISTICS
Sharpe ratio **
Sortino ratio ** (annualized)
MAR ratio
Correlation to S&P500
Correlation to CASAM CISDM CTA ew
Correlation to CS/Tremont HF
Correlation to DAX
0.78
1.37
0.92
-0.16
0.72
0.27
-0.14
** modified (risk free performance = 0%)
097 979
AT0000979794
630 824
0.4 % p.m.
20 %
monthly
Currency:
Paying Agent:
Auditor:
Trading Advisor:
Legal Advisor:
Homepage:
EUR
M&A PrivatBank AG
KPMG Austria
Superfund Trading Management Inc.
Kindel & Kindel
www.superfund.com
1) Investment into Superfund Unternehmens-Beteiligungs-AG (Superfund Q-AG) is closed to new investments. No subscriptions or follow-up subscriptions are possible or will be accepted. Performance results shown in this document are net of all fees. Past
performance is not indicative of future results. Superfund-products are speculative investments. A complete loss of the principal invested cannot be excluded. Information published in this publication concerning Superfund Q-AG constitutes neither an offer to sell nor a
solicitation to invest and is intended for informational purposes for existing investors only. The author and distributors of this material expressly disclaim any and all liability for any inaccuracies contained in this document, and shall not be held liable for the same.
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