Altegris Clearing Solutions James H. Jones Capital Management LLC Diversified Program
Monthly Performance (%)
Date Range: 08/01 - 02/17
  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec YTD
2017 -0.70 -0.20 -0.90
2016 -0.10 0.60 0.10 2.50 -1.50 1.90 -1.30 -3.70 -0.90 -0.50 -0.20 0.40 -2.81
2015 -7.10 -0.40 -0.10 -1.50 0.00 0.00 -1.10 0.30 -1.30 0.00 0.00 -0.30 -11.12
2014 -3.70 6.70 -1.20 -1.10 -3.20 1.30 -2.10 -1.30 0.00 1.70 -3.60 -1.90 -8.51
2013 4.70 -5.20 0.10 -7.70 0.40 -1.10 1.90 -4.20 1.20 -8.30 -1.60 -1.60 -20.13
2012 -2.50 -0.10 -0.30 1.10 -5.30 3.10 1.70 8.10 5.20 -7.30 -0.60 -4.10 -2.03
2011 -7.00 1.90 3.70 15.70 -0.20 -6.80 0.80 7.40 -6.40 -2.00 0.00 0.00 5.02
2010 -4.50 0.00 -1.90 0.40 -1.50 2.30 7.40 2.00 15.00 5.50 -0.80 14.20 42.71
2009 2.50 -2.40 -4.40 -3.30 15.30 -3.10 2.10 2.60 -1.10 -2.20 6.00 -3.40 7.20
2008 11.10 23.30 -2.50 -5.20 -3.20 3.20 -4.40 -15.00 -13.50 -2.10 -6.90 0.40 -18.64
2007 -3.00 10.30 -13.10 -4.00 -1.50 2.90 2.10 -3.50 39.20 3.30 1.90 17.70 53.72
2006 1.20 -15.40 -9.00 24.80 -2.70 1.50 -0.30 -6.80 -9.90 13.80 25.50 -8.70 4.83
2005 -8.30 15.60 -1.00 -8.70 -2.10 1.50 -3.60 0.80 -3.40 -3.30 2.00 12.00 -1.27
2004 7.40 11.10 1.60 -1.40 -12.70 -6.30 0.10 -5.70 -1.30 2.20 5.50 -12.70 -14.25
2003 -0.90 -5.20 -11.90 4.00 5.00 -1.10 -10.30 -4.10 18.50 18.30 -5.70 6.40 8.15
2002 3.90 -6.90 -4.40 2.90 23.90 23.60 15.40 -1.70 1.90 3.40 -5.60 -0.60 63.43
2001 0.00 11.20 -11.50 3.50 1.86
Note: Estimates appear in italics. All performance data is since program inception.
Strategy Description

The Diversified Portfolio Program is a pattern recognition system designed to participate in short, intermediate and long term trends in the futures markets. The principal objective of the system is to alert Mr. Jones to the possibility of a pattern completing in the current markets and to provide him with statistical data regarding the past history of that pattern. The system analyzes over 30 individuals markets and over 2000 individual patterns to determine which patterns, based on historical performance, should be cataloged and monitored for the prediction of trends and potential trading. The trading approach is reviewed and revised from time to time. Among the Commodity Interests that may be traded are financial futures, futures on grains, meats, metals, fibers, wood products, sugar, coffee, orange juice, the CRB index, crude oil, heating oil, unleaded and natural gas and stock index and currency futures but may trade in any markets that Mr. Jones determines to be in the best interest of the client.

Performance Statistics
Date Range: 08/01 - 02/17
  Program SP500 TR Altegris 40
Total Return 96.77% 167.10% 105.74%
Annualized Return 4.46% 6.51% 4.74%
Annualized Std. Deviation 27.04% 14.46% 10.15%
Correlation 0.05 0.36
Sharpe Ratio (rf=2.5%) 0.07 0.28 0.22
Worst Month -15.40% -16.79% -7.77%
Date of Worst Month 02/2006 10/2008 11/2001
Worst Drawdown -45.59% -50.95% -15.74%
Date of Worst Drawdown 3/04 - 3/06 10/07 - 2/09 4/11 - 9/13
Note: Estimates appear in italics. All performance data is since program inception.
Annual Performance (%)
Date Range: 08/01 - 02/17
Year or YTD Program SP500 TR Altegris 40
2017 -0.90 5.95 0.86
2016 -2.81 11.98 -3.13
2015 -11.12 1.41 0.09
2014 -8.51 13.69 15.75
2013 -20.13 32.41 -2.45
2012 -2.03 15.98 -4.75
2011 5.02 2.12 -3.23
2010 42.71 15.06 11.33
2009 7.20 26.45 -7.98
2008 -18.64 -36.99 15.47
2007 53.72 5.50 7.18
2006 4.83 15.79 6.70
2005 -1.27 4.89 4.51
2004 -14.25 10.87 2.57
2003 8.15 28.69 15.99
2002 63.43 -22.10 15.22
2001 1.86 1.75 1.27
Note: Estimates appear in italics. All performance data is since program inception.
Performance Comparison
Date Range: 08/01 - 02/17
Date: 2/28/2017
Perf: $1,997.71 Date: 1/31/2017
Perf: $1,955.09 Date: 12/31/2016
Perf: $1,980.64 Date: 11/30/2016
Perf: $1,965.70 Date: 10/31/2016
Perf: $1,987.57 Date: 9/30/2016
Perf: $2,040.20 Date: 8/31/2016
Perf: $2,066.87 Date: 7/31/2016
Perf: $2,124.00 Date: 6/30/2016
Perf: $2,102.56 Date: 5/31/2016
Perf: $2,016.84 Date: 4/30/2016
Perf: $2,052.76 Date: 3/31/2016
Perf: $2,105.61 Date: 2/29/2016
Perf: $2,167.83 Date: 1/31/2016
Perf: $2,115.78 Date: 12/31/2015
Perf: $2,044.63 Date: 11/30/2015
Perf: $2,092.76 Date: 10/31/2015
Perf: $2,023.75 Date: 9/30/2015
Perf: $2,059.59 Date: 8/31/2015
Perf: $2,015.85 Date: 7/31/2015
Perf: $2,051.33 Date: 6/30/2015
Perf: $1,974.15 Date: 5/31/2015
Perf: $2,082.43 Date: 4/30/2015
Perf: $2,097.53 Date: 3/31/2015
Perf: $2,181.75 Date: 2/28/2015
Perf: $2,134.58 Date: 1/31/2015
Perf: $2,138.00 Date: 12/31/2014
Perf: $2,042.80 Date: 11/30/2014
Perf: $2,007.47 Date: 10/31/2014
Perf: $1,894.73 Date: 9/30/2014
Perf: $1,867.28 Date: 8/31/2014
Perf: $1,839.87 Date: 7/31/2014
Perf: $1,765.20 Date: 6/30/2014
Perf: $1,779.44 Date: 5/31/2014
Perf: $1,764.26 Date: 4/30/2014
Perf: $1,720.23 Date: 3/31/2014
Perf: $1,707.25 Date: 2/28/2014
Perf: $1,732.90 Date: 1/31/2014
Perf: $1,718.80 Date: 12/31/2013
Perf: $1,764.87 Date: 11/30/2013
Perf: $1,767.34 Date: 10/31/2013
Perf: $1,735.92 Date: 9/30/2013
Perf: $1,697.06 Date: 8/31/2013
Perf: $1,707.30 Date: 7/31/2013
Perf: $1,740.73 Date: 6/30/2013
Perf: $1,756.00 Date: 5/31/2013
Perf: $1,825.18 Date: 4/30/2013
Perf: $1,907.19 Date: 3/31/2013
Perf: $1,859.22 Date: 2/28/2013
Perf: $1,832.82 Date: 1/31/2013
Perf: $1,843.52 Date: 12/31/2012
Perf: $1,809.14 Date: 11/30/2012
Perf: $1,800.32 Date: 10/31/2012
Perf: $1,795.30 Date: 9/30/2012
Perf: $1,862.73 Date: 8/31/2012
Perf: $1,893.98 Date: 7/31/2012
Perf: $1,920.09 Date: 6/30/2012
Perf: $1,844.64 Date: 5/31/2012
Perf: $1,916.71 Date: 4/30/2012
Perf: $1,880.97 Date: 3/31/2012
Perf: $1,869.76 Date: 2/29/2012
Perf: $1,913.18 Date: 1/31/2012
Perf: $1,905.37 Date: 12/31/2011
Perf: $1,899.29 Date: 11/30/2011
Perf: $1,881.23 Date: 10/31/2011
Perf: $1,875.61 Date: 9/30/2011
Perf: $1,952.94 Date: 8/31/2011
Perf: $1,954.12 Date: 7/31/2011
Perf: $1,958.03 Date: 6/30/2011
Perf: $1,890.18 Date: 5/31/2011
Perf: $1,940.63 Date: 4/30/2011
Perf: $2,014.15 Date: 3/31/2011
Perf: $1,938.55 Date: 2/28/2011
Perf: $1,968.67 Date: 1/31/2011
Perf: $1,935.76 Date: 12/31/2010
Perf: $1,962.65 Date: 11/30/2010
Perf: $1,881.91 Date: 10/31/2010
Perf: $1,950.98 Date: 9/30/2010
Perf: $1,878.11 Date: 8/31/2010
Perf: $1,844.54 Date: 7/31/2010
Perf: $1,771.21 Date: 6/30/2010
Perf: $1,794.35 Date: 5/31/2010
Perf: $1,787.56 Date: 4/30/2010
Perf: $1,831.89 Date: 3/31/2010
Perf: $1,804.11 Date: 2/28/2010
Perf: $1,735.22 Date: 1/31/2010
Perf: $1,719.06 Date: 12/31/2009
Perf: $1,762.96 Date: 11/30/2009
Perf: $1,836.42 Date: 10/31/2009
Perf: $1,765.28 Date: 9/30/2009
Perf: $1,811.66 Date: 8/31/2009
Perf: $1,769.54 Date: 7/31/2009
Perf: $1,763.72 Date: 6/30/2009
Perf: $1,765.66 Date: 5/31/2009
Perf: $1,813.91 Date: 4/30/2009
Perf: $1,789.22 Date: 3/31/2009
Perf: $1,849.71 Date: 2/28/2009
Perf: $1,902.40 Date: 1/31/2009
Perf: $1,903.35 Date: 12/31/2008
Perf: $1,915.81 Date: 11/30/2008
Perf: $1,867.80 Date: 10/31/2008
Perf: $1,801.68 Date: 9/30/2008
Perf: $1,713.44 Date: 8/31/2008
Perf: $1,709.85 Date: 7/31/2008
Perf: $1,756.76 Date: 6/30/2008
Perf: $1,841.27 Date: 5/31/2008
Perf: $1,793.39 Date: 4/30/2008
Perf: $1,757.19 Date: 3/31/2008
Perf: $1,777.63 Date: 2/29/2008
Perf: $1,785.49 Date: 1/31/2008
Perf: $1,689.36 Date: 12/31/2007
Perf: $1,659.17 Date: 11/30/2007
Perf: $1,662.99 Date: 10/31/2007
Perf: $1,673.87 Date: 9/30/2007
Perf: $1,604.71 Date: 8/31/2007
Perf: $1,533.11 Date: 7/31/2007
Perf: $1,592.51 Date: 6/30/2007
Perf: $1,643.29 Date: 5/31/2007
Perf: $1,597.13 Date: 4/30/2007
Perf: $1,542.08 Date: 3/31/2007
Perf: $1,479.92 Date: 2/28/2007
Perf: $1,515.38 Date: 1/31/2007
Perf: $1,574.42 Date: 12/31/2006
Perf: $1,547.95 Date: 11/30/2006
Perf: $1,497.34 Date: 10/31/2006
Perf: $1,461.54 Date: 9/30/2006
Perf: $1,445.63 Date: 8/31/2006
Perf: $1,461.12 Date: 7/31/2006
Perf: $1,444.94 Date: 6/30/2006
Perf: $1,466.65 Date: 5/31/2006
Perf: $1,487.02 Date: 4/30/2006
Perf: $1,527.50 Date: 3/31/2006
Perf: $1,491.11 Date: 2/28/2006
Perf: $1,452.19 Date: 1/31/2006
Perf: $1,478.51 Date: 12/31/2005
Perf: $1,450.80 Date: 11/30/2005
Perf: $1,477.55 Date: 10/31/2005
Perf: $1,416.77 Date: 9/30/2005
Perf: $1,414.50 Date: 8/31/2005
Perf: $1,393.05 Date: 7/31/2005
Perf: $1,385.57 Date: 6/30/2005
Perf: $1,384.74 Date: 5/31/2005
Perf: $1,339.07 Date: 4/30/2005
Perf: $1,298.94 Date: 3/31/2005
Perf: $1,331.56 Date: 2/28/2005
Perf: $1,339.06 Date: 1/31/2005
Perf: $1,329.88 Date: 12/31/2004
Perf: $1,388.19 Date: 11/30/2004
Perf: $1,383.62 Date: 10/31/2004
Perf: $1,312.61 Date: 9/30/2004
Perf: $1,269.20 Date: 8/31/2004
Perf: $1,252.30 Date: 7/31/2004
Perf: $1,261.00 Date: 6/30/2004
Perf: $1,275.54 Date: 5/31/2004
Perf: $1,319.07 Date: 4/30/2004
Perf: $1,340.38 Date: 3/31/2004
Perf: $1,429.28 Date: 2/29/2004
Perf: $1,443.43 Date: 1/31/2004
Perf: $1,366.36 Date: 12/31/2003
Perf: $1,353.37 Date: 11/30/2003
Perf: $1,297.20 Date: 10/31/2003
Perf: $1,301.11 Date: 9/30/2003
Perf: $1,272.47 Date: 8/31/2003
Perf: $1,278.36 Date: 7/31/2003
Perf: $1,266.45 Date: 6/30/2003
Perf: $1,295.73 Date: 5/31/2003
Perf: $1,329.09 Date: 4/30/2003
Perf: $1,255.40 Date: 3/31/2003
Perf: $1,237.22 Date: 2/28/2003
Perf: $1,312.28 Date: 1/31/2003
Perf: $1,238.35 Date: 12/31/2002
Perf: $1,166.82 Date: 11/30/2002
Perf: $1,099.84 Date: 10/31/2002
Perf: $1,131.06 Date: 9/30/2002
Perf: $1,192.85 Date: 8/31/2002
Perf: $1,140.28 Date: 7/31/2002
Perf: $1,113.45 Date: 6/30/2002
Perf: $1,057.00 Date: 5/31/2002
Perf: $971.15 Date: 4/30/2002
Perf: $946.64 Date: 3/31/2002
Perf: $969.52 Date: 2/28/2002
Perf: $972.34 Date: 1/31/2002
Perf: $1,000.55 Date: 12/31/2001
Perf: $1,012.70 Date: 11/30/2001
Perf: $991.78 Date: 10/31/2001
Perf: $1,075.33 Date: 9/30/2001
Perf: $1,030.80 Date: 8/31/2001
Perf: $1,000.00 Date: 2/28/2017
Perf: $2,849.42 Date: 1/31/2017
Perf: $2,740.61 Date: 12/31/2016
Perf: $2,689.51 Date: 11/30/2016
Perf: $2,637.29 Date: 10/31/2016
Perf: $2,543.20 Date: 9/30/2016
Perf: $2,590.34 Date: 8/31/2016
Perf: $2,589.82 Date: 7/31/2016
Perf: $2,586.20 Date: 6/30/2016
Perf: $2,494.17 Date: 5/31/2016
Perf: $2,487.70 Date: 4/30/2016
Perf: $2,443.71 Date: 3/31/2016
Perf: $2,434.22 Date: 2/29/2016
Perf: $2,279.66 Date: 1/31/2016
Perf: $2,282.63 Date: 12/31/2015
Perf: $2,401.75 Date: 11/30/2015
Perf: $2,440.31 Date: 10/31/2015
Perf: $2,433.01 Date: 9/30/2015
Perf: $2,243.65 Date: 8/31/2015
Perf: $2,300.47 Date: 7/31/2015
Perf: $2,448.09 Date: 6/30/2015
Perf: $2,397.74 Date: 5/31/2015
Perf: $2,445.17 Date: 4/30/2015
Perf: $2,414.03 Date: 3/31/2015
Perf: $2,391.08 Date: 2/28/2015
Perf: $2,429.46 Date: 1/31/2015
Perf: $2,297.36 Date: 12/31/2014
Perf: $2,368.42 Date: 11/30/2014
Perf: $2,374.35 Date: 10/31/2014
Perf: $2,312.15 Date: 9/30/2014
Perf: $2,257.08 Date: 8/31/2014
Perf: $2,289.13 Date: 7/31/2014
Perf: $2,201.09 Date: 6/30/2014
Perf: $2,231.89 Date: 5/31/2014
Perf: $2,186.62 Date: 4/30/2014
Perf: $2,136.42 Date: 3/31/2014
Perf: $2,120.72 Date: 2/28/2014
Perf: $2,103.06 Date: 1/31/2014
Perf: $2,011.15 Date: 12/31/2013
Perf: $2,083.23 Date: 11/30/2013
Perf: $2,031.82 Date: 10/31/2013
Perf: $1,971.69 Date: 9/30/2013
Perf: $1,884.98 Date: 8/31/2013
Perf: $1,827.59 Date: 7/31/2013
Perf: $1,882.17 Date: 6/30/2013
Perf: $1,791.01 Date: 5/31/2013
Perf: $1,815.34 Date: 4/30/2013
Perf: $1,773.83 Date: 3/31/2013
Perf: $1,740.24 Date: 2/28/2013
Perf: $1,677.34 Date: 1/31/2013
Perf: $1,654.84 Date: 12/31/2012
Perf: $1,573.34 Date: 11/30/2012
Perf: $1,559.15 Date: 10/31/2012
Perf: $1,550.16 Date: 9/30/2012
Perf: $1,579.38 Date: 8/31/2012
Perf: $1,539.65 Date: 7/31/2012
Perf: $1,505.77 Date: 6/30/2012
Perf: $1,485.13 Date: 5/31/2012
Perf: $1,426.36 Date: 4/30/2012
Perf: $1,517.57 Date: 3/31/2012
Perf: $1,527.19 Date: 2/29/2012
Perf: $1,478.55 Date: 1/31/2012
Perf: $1,417.32 Date: 12/31/2011
Perf: $1,356.55 Date: 11/30/2011
Perf: $1,342.85 Date: 10/31/2011
Perf: $1,345.81 Date: 9/30/2011
Perf: $1,213.21 Date: 8/31/2011
Perf: $1,304.94 Date: 7/31/2011
Perf: $1,379.87 Date: 6/30/2011
Perf: $1,408.46 Date: 5/31/2011
Perf: $1,432.38 Date: 4/30/2011
Perf: $1,448.75 Date: 3/31/2011
Perf: $1,407.10 Date: 2/28/2011
Perf: $1,406.54 Date: 1/31/2011
Perf: $1,359.90 Date: 12/31/2010
Perf: $1,328.41 Date: 11/30/2010
Perf: $1,245.23 Date: 10/31/2010
Perf: $1,245.11 Date: 9/30/2010
Perf: $1,199.41 Date: 8/31/2010
Perf: $1,101.18 Date: 7/31/2010
Perf: $1,153.19 Date: 6/30/2010
Perf: $1,077.65 Date: 5/31/2010
Perf: $1,137.12 Date: 4/30/2010
Perf: $1,235.87 Date: 3/31/2010
Perf: $1,216.64 Date: 2/28/2010
Perf: $1,147.45 Date: 1/31/2010
Perf: $1,112.95 Date: 12/31/2009
Perf: $1,154.51 Date: 11/30/2009
Perf: $1,132.65 Date: 10/31/2009
Perf: $1,068.54 Date: 9/30/2009
Perf: $1,088.79 Date: 8/31/2009
Perf: $1,049.64 Date: 7/31/2009
Perf: $1,013.07 Date: 6/30/2009
Perf: $941.86 Date: 5/31/2009
Perf: $939.98 Date: 4/30/2009
Perf: $890.22 Date: 3/31/2009
Perf: $812.47 Date: 2/28/2009
Perf: $747.03 Date: 1/31/2009
Perf: $836.07 Date: 12/31/2008
Perf: $913.04 Date: 11/30/2008
Perf: $903.46 Date: 10/31/2008
Perf: $973.35 Date: 9/30/2008
Perf: $1,169.75 Date: 8/31/2008
Perf: $1,284.17 Date: 7/31/2008
Perf: $1,265.82 Date: 6/30/2008
Perf: $1,276.54 Date: 5/31/2008
Perf: $1,394.06 Date: 4/30/2008
Perf: $1,376.17 Date: 3/31/2008
Perf: $1,312.26 Date: 2/29/2008
Perf: $1,317.93 Date: 1/31/2008
Perf: $1,362.20 Date: 12/31/2007
Perf: $1,449.15 Date: 11/30/2007
Perf: $1,459.22 Date: 10/31/2007
Perf: $1,522.87 Date: 9/30/2007
Perf: $1,499.04 Date: 8/31/2007
Perf: $1,444.99 Date: 7/31/2007
Perf: $1,423.64 Date: 6/30/2007
Perf: $1,469.18 Date: 5/31/2007
Perf: $1,493.98 Date: 4/30/2007
Perf: $1,443.60 Date: 3/31/2007
Perf: $1,382.36 Date: 2/28/2007
Perf: $1,367.05 Date: 1/31/2007
Perf: $1,394.38 Date: 12/31/2006
Perf: $1,373.64 Date: 11/30/2006
Perf: $1,354.68 Date: 10/31/2006
Perf: $1,329.42 Date: 9/30/2006
Perf: $1,287.45 Date: 8/31/2006
Perf: $1,255.07 Date: 7/31/2006
Perf: $1,225.89 Date: 6/30/2006
Perf: $1,218.34 Date: 5/31/2006
Perf: $1,216.63 Date: 4/30/2006
Perf: $1,252.71 Date: 3/31/2006
Perf: $1,236.15 Date: 2/28/2006
Perf: $1,221.01 Date: 1/31/2006
Perf: $1,217.72 Date: 12/31/2005
Perf: $1,186.28 Date: 11/30/2005
Perf: $1,185.93 Date: 10/31/2005
Perf: $1,142.73 Date: 9/30/2005
Perf: $1,162.14 Date: 8/31/2005
Perf: $1,152.80 Date: 7/31/2005
Perf: $1,163.39 Date: 6/30/2005
Perf: $1,121.66 Date: 5/31/2005
Perf: $1,120.09 Date: 4/30/2005
Perf: $1,085.57 Date: 3/31/2005
Perf: $1,106.60 Date: 2/28/2005
Perf: $1,126.54 Date: 1/31/2005
Perf: $1,103.37 Date: 12/31/2004
Perf: $1,130.96 Date: 11/30/2004
Perf: $1,093.77 Date: 10/31/2004
Perf: $1,051.20 Date: 9/30/2004
Perf: $1,035.36 Date: 8/31/2004
Perf: $1,024.30 Date: 7/31/2004
Perf: $1,020.22 Date: 6/30/2004
Perf: $1,055.14 Date: 5/31/2004
Perf: $1,035.06 Date: 4/30/2004
Perf: $1,021.07 Date: 3/31/2004
Perf: $1,037.36 Date: 2/29/2004
Perf: $1,053.26 Date: 1/31/2004
Perf: $1,038.82 Date: 12/31/2003
Perf: $1,020.05 Date: 11/30/2003
Perf: $969.26 Date: 10/31/2003
Perf: $960.81 Date: 9/30/2003
Perf: $909.34 Date: 8/31/2003
Perf: $919.08 Date: 7/31/2003
Perf: $901.50 Date: 6/30/2003
Perf: $885.91 Date: 5/31/2003
Perf: $874.72 Date: 4/30/2003
Perf: $830.93 Date: 3/31/2003
Perf: $767.67 Date: 2/28/2003
Perf: $760.29 Date: 1/31/2003
Perf: $771.87 Date: 12/31/2002
Perf: $792.64 Date: 11/30/2002
Perf: $842.07 Date: 10/31/2002
Perf: $795.23 Date: 9/30/2002
Perf: $730.91 Date: 8/31/2002
Perf: $820.05 Date: 7/31/2002
Perf: $814.67 Date: 6/30/2002
Perf: $883.59 Date: 5/31/2002
Perf: $951.33 Date: 4/30/2002
Perf: $958.42 Date: 3/31/2002
Perf: $1,020.25 Date: 2/28/2002
Perf: $983.28 Date: 1/31/2002
Perf: $1,002.63 Date: 12/31/2001
Perf: $1,017.48 Date: 11/30/2001
Perf: $1,008.61 Date: 10/31/2001
Perf: $936.76 Date: 9/30/2001
Perf: $919.20 Date: 8/31/2001
Perf: $1,000.00 Date: 2/28/2017
Perf: $1,967.70 Date: 1/31/2017
Perf: $1,971.65 Date: 12/31/2016
Perf: $1,985.55 Date: 11/30/2016
Perf: $1,977.63 Date: 10/31/2016
Perf: $1,981.60 Date: 9/30/2016
Perf: $1,991.56 Date: 8/31/2016
Perf: $2,009.64 Date: 7/31/2016
Perf: $2,086.86 Date: 6/30/2016
Perf: $2,114.34 Date: 5/31/2016
Perf: $2,074.92 Date: 4/30/2016
Perf: $2,106.52 Date: 3/31/2016
Perf: $2,055.14 Date: 2/29/2016
Perf: $2,053.09 Date: 1/31/2016
Perf: $2,040.84 Date: 12/31/2015
Perf: $2,042.88 Date: 11/30/2015
Perf: $2,049.03 Date: 10/31/2015
Perf: $2,049.03 Date: 9/30/2015
Perf: $2,049.03 Date: 8/31/2015
Perf: $2,076.02 Date: 7/31/2015
Perf: $2,069.81 Date: 6/30/2015
Perf: $2,092.83 Date: 5/31/2015
Perf: $2,092.83 Date: 4/30/2015
Perf: $2,092.83 Date: 3/31/2015
Perf: $2,124.70 Date: 2/28/2015
Perf: $2,126.83 Date: 1/31/2015
Perf: $2,135.37 Date: 12/31/2014
Perf: $2,298.57 Date: 11/30/2014
Perf: $2,343.09 Date: 10/31/2014
Perf: $2,430.59 Date: 9/30/2014
Perf: $2,389.96 Date: 8/31/2014
Perf: $2,389.96 Date: 7/31/2014
Perf: $2,421.44 Date: 6/30/2014
Perf: $2,473.38 Date: 5/31/2014
Perf: $2,441.64 Date: 4/30/2014
Perf: $2,522.35 Date: 3/31/2014
Perf: $2,550.41 Date: 2/28/2014
Perf: $2,581.38 Date: 1/31/2014
Perf: $2,419.29 Date: 12/31/2013
Perf: $2,512.24 Date: 11/30/2013
Perf: $2,553.09 Date: 10/31/2013
Perf: $2,594.61 Date: 9/30/2013
Perf: $2,829.45 Date: 8/31/2013
Perf: $2,795.90 Date: 7/31/2013
Perf: $2,918.48 Date: 6/30/2013
Perf: $2,864.06 Date: 5/31/2013
Perf: $2,895.91 Date: 4/30/2013
Perf: $2,884.38 Date: 3/31/2013
Perf: $3,125.00 Date: 2/28/2013
Perf: $3,121.88 Date: 1/31/2013
Perf: $3,293.12 Date: 12/31/2012
Perf: $3,145.29 Date: 11/30/2012
Perf: $3,279.76 Date: 10/31/2012
Perf: $3,299.56 Date: 9/30/2012
Perf: $3,559.40 Date: 8/31/2012
Perf: $3,383.46 Date: 7/31/2012
Perf: $3,129.93 Date: 6/30/2012
Perf: $3,077.61 Date: 5/31/2012
Perf: $2,985.08 Date: 4/30/2012
Perf: $3,152.14 Date: 3/31/2012
Perf: $3,117.84 Date: 2/29/2012
Perf: $3,127.22 Date: 1/31/2012
Perf: $3,130.35 Date: 12/31/2011
Perf: $3,210.62 Date: 11/30/2011
Perf: $3,210.62 Date: 10/31/2011
Perf: $3,210.62 Date: 9/30/2011
Perf: $3,276.14 Date: 8/31/2011
Perf: $3,500.15 Date: 7/31/2011
Perf: $3,258.99 Date: 6/30/2011
Perf: $3,233.12 Date: 5/31/2011
Perf: $3,469.02 Date: 4/30/2011
Perf: $3,475.97 Date: 3/31/2011
Perf: $3,004.29 Date: 2/28/2011
Perf: $2,897.10 Date: 1/31/2011
Perf: $2,843.08 Date: 12/31/2010
Perf: $3,057.08 Date: 11/30/2010
Perf: $2,676.95 Date: 10/31/2010
Perf: $2,698.54 Date: 9/30/2010
Perf: $2,557.86 Date: 8/31/2010
Perf: $2,224.22 Date: 7/31/2010
Perf: $2,180.61 Date: 6/30/2010
Perf: $2,030.36 Date: 5/31/2010
Perf: $1,984.72 Date: 4/30/2010
Perf: $2,014.94 Date: 3/31/2010
Perf: $2,006.91 Date: 2/28/2010
Perf: $2,045.78 Date: 1/31/2010
Perf: $2,045.78 Date: 12/31/2009
Perf: $2,142.18 Date: 11/30/2009
Perf: $2,217.58 Date: 10/31/2009
Perf: $2,092.05 Date: 9/30/2009
Perf: $2,139.12 Date: 8/31/2009
Perf: $2,162.91 Date: 7/31/2009
Perf: $2,108.10 Date: 6/30/2009
Perf: $2,064.74 Date: 5/31/2009
Perf: $2,130.79 Date: 4/30/2009
Perf: $1,848.04 Date: 3/31/2009
Perf: $1,911.11 Date: 2/28/2009
Perf: $1,999.07 Date: 1/31/2009
Perf: $2,048.22 Date: 12/31/2008
Perf: $1,998.27 Date: 11/30/2008
Perf: $1,990.31 Date: 10/31/2008
Perf: $2,137.82 Date: 9/30/2008
Perf: $2,183.67 Date: 8/31/2008
Perf: $2,524.48 Date: 7/31/2008
Perf: $2,969.97 Date: 6/30/2008
Perf: $3,106.67 Date: 5/31/2008
Perf: $3,010.34 Date: 4/30/2008
Perf: $3,109.85 Date: 3/31/2008
Perf: $3,280.43 Date: 2/29/2008
Perf: $3,364.55 Date: 1/31/2008
Perf: $2,728.75 Date: 12/31/2007
Perf: $2,456.12 Date: 11/30/2007
Perf: $2,086.76 Date: 10/31/2007
Perf: $2,047.85 Date: 9/30/2007
Perf: $1,982.43 Date: 8/31/2007
Perf: $1,424.16 Date: 7/31/2007
Perf: $1,475.82 Date: 6/30/2007
Perf: $1,445.46 Date: 5/31/2007
Perf: $1,404.72 Date: 4/30/2007
Perf: $1,426.12 Date: 3/31/2007
Perf: $1,485.54 Date: 2/28/2007
Perf: $1,709.48 Date: 1/31/2007
Perf: $1,549.84 Date: 12/31/2006
Perf: $1,597.78 Date: 11/30/2006
Perf: $1,750.03 Date: 10/31/2006
Perf: $1,394.45 Date: 9/30/2006
Perf: $1,225.35 Date: 8/31/2006
Perf: $1,359.99 Date: 7/31/2006
Perf: $1,459.21 Date: 6/30/2006
Perf: $1,463.60 Date: 5/31/2006
Perf: $1,441.97 Date: 4/30/2006
Perf: $1,481.99 Date: 3/31/2006
Perf: $1,187.49 Date: 2/28/2006
Perf: $1,304.93 Date: 1/31/2006
Perf: $1,542.48 Date: 12/31/2005
Perf: $1,524.19 Date: 11/30/2005
Perf: $1,360.88 Date: 10/31/2005
Perf: $1,334.20 Date: 9/30/2005
Perf: $1,379.73 Date: 8/31/2005
Perf: $1,428.29 Date: 7/31/2005
Perf: $1,416.95 Date: 6/30/2005
Perf: $1,469.87 Date: 5/31/2005
Perf: $1,448.15 Date: 4/30/2005
Perf: $1,479.21 Date: 3/31/2005
Perf: $1,620.16 Date: 2/28/2005
Perf: $1,636.53 Date: 1/31/2005
Perf: $1,415.68 Date: 12/31/2004
Perf: $1,543.82 Date: 11/30/2004
Perf: $1,768.41 Date: 10/31/2004
Perf: $1,676.22 Date: 9/30/2004
Perf: $1,640.13 Date: 8/31/2004
Perf: $1,661.74 Date: 7/31/2004
Perf: $1,762.18 Date: 6/30/2004
Perf: $1,760.42 Date: 5/31/2004
Perf: $1,878.78 Date: 4/30/2004
Perf: $2,152.10 Date: 3/31/2004
Perf: $2,182.66 Date: 2/29/2004
Perf: $2,148.28 Date: 1/31/2004
Perf: $1,933.65 Date: 12/31/2003
Perf: $1,800.42 Date: 11/30/2003
Perf: $1,692.12 Date: 10/31/2003
Perf: $1,794.40 Date: 9/30/2003
Perf: $1,516.82 Date: 8/31/2003
Perf: $1,280.02 Date: 7/31/2003
Perf: $1,334.75 Date: 6/30/2003
Perf: $1,488.01 Date: 5/31/2003
Perf: $1,504.56 Date: 4/30/2003
Perf: $1,432.91 Date: 3/31/2003
Perf: $1,377.80 Date: 2/28/2003
Perf: $1,563.91 Date: 1/31/2003
Perf: $1,649.69 Date: 12/31/2002
Perf: $1,664.67 Date: 11/30/2002
Perf: $1,674.72 Date: 10/31/2002
Perf: $1,774.07 Date: 9/30/2002
Perf: $1,715.73 Date: 8/31/2002
Perf: $1,683.74 Date: 7/31/2002
Perf: $1,712.86 Date: 6/30/2002
Perf: $1,484.28 Date: 5/31/2002
Perf: $1,200.88 Date: 4/30/2002
Perf: $969.23 Date: 3/31/2002
Perf: $941.91 Date: 2/28/2002
Perf: $985.27 Date: 1/31/2002
Perf: $1,058.29 Date: 12/31/2001
Perf: $1,018.56 Date: 11/30/2001
Perf: $984.12 Date: 10/31/2001
Perf: $1,112.00 Date: 9/30/2001
Perf: $1,000.00 Date: 8/31/2001
Perf: $1,000.00
Note: All performance data is since program inception.

Monthly Returns
Date Range: 08/01 - 02/17
Date: 2/28/2017
Return: -0.20 % Date: 1/31/2017
Return: -0.70 % Date: 12/31/2016
Return: 0.40 % Date: 11/30/2016
Return: -0.20 % Date: 10/31/2016
Return: -0.50 % Date: 9/30/2016
Return: -0.90 % Date: 8/31/2016
Return: -3.70 % Date: 7/31/2016
Return: -1.30 % Date: 6/30/2016
Return: 1.90 % Date: 5/31/2016
Return: -1.50 % Date: 4/30/2016
Return: 2.50 % Date: 3/31/2016
Return: 0.10 % Date: 2/29/2016
Return: 0.60 % Date: 1/31/2016
Return: -0.10 % Date: 12/31/2015
Return: -0.30 % Date: 11/30/2015
Return: 0.00 % Date: 10/31/2015
Return: 0.00 % Date: 9/30/2015
Return: -1.30 % Date: 8/31/2015
Return: 0.30 % Date: 7/31/2015
Return: -1.10 % Date: 6/30/2015
Return: 0.00 % Date: 5/31/2015
Return: 0.00 % Date: 4/30/2015
Return: -1.50 % Date: 3/31/2015
Return: -0.10 % Date: 2/28/2015
Return: -0.40 % Date: 1/31/2015
Return: -7.10 % Date: 12/31/2014
Return: -1.90 % Date: 11/30/2014
Return: -3.60 % Date: 10/31/2014
Return: 1.70 % Date: 9/30/2014
Return: 0.00 % Date: 8/31/2014
Return: -1.30 % Date: 7/31/2014
Return: -2.10 % Date: 6/30/2014
Return: 1.30 % Date: 5/31/2014
Return: -3.20 % Date: 4/30/2014
Return: -1.10 % Date: 3/31/2014
Return: -1.20 % Date: 2/28/2014
Return: 6.70 % Date: 1/31/2014
Return: -3.70 % Date: 12/31/2013
Return: -1.60 % Date: 11/30/2013
Return: -1.60 % Date: 10/31/2013
Return: -8.30 % Date: 9/30/2013
Return: 1.20 % Date: 8/31/2013
Return: -4.20 % Date: 7/31/2013
Return: 1.90 % Date: 6/30/2013
Return: -1.10 % Date: 5/31/2013
Return: 0.40 % Date: 4/30/2013
Return: -7.70 % Date: 3/31/2013
Return: 0.10 % Date: 2/28/2013
Return: -5.20 % Date: 1/31/2013
Return: 4.70 % Date: 12/31/2012
Return: -4.10 % Date: 11/30/2012
Return: -0.60 % Date: 10/31/2012
Return: -7.30 % Date: 9/30/2012
Return: 5.20 % Date: 8/31/2012
Return: 8.10 % Date: 7/31/2012
Return: 1.70 % Date: 6/30/2012
Return: 3.10 % Date: 5/31/2012
Return: -5.30 % Date: 4/30/2012
Return: 1.10 % Date: 3/31/2012
Return: -0.30 % Date: 2/29/2012
Return: -0.10 % Date: 1/31/2012
Return: -2.50 % Date: 12/31/2011
Return: 0.00 % Date: 11/30/2011
Return: 0.00 % Date: 10/31/2011
Return: -2.00 % Date: 9/30/2011
Return: -6.40 % Date: 8/31/2011
Return: 7.40 % Date: 7/31/2011
Return: 0.80 % Date: 6/30/2011
Return: -6.80 % Date: 5/31/2011
Return: -0.20 % Date: 4/30/2011
Return: 15.70 % Date: 3/31/2011
Return: 3.70 % Date: 2/28/2011
Return: 1.90 % Date: 1/31/2011
Return: -7.00 % Date: 12/31/2010
Return: 14.20 % Date: 11/30/2010
Return: -0.80 % Date: 10/31/2010
Return: 5.50 % Date: 9/30/2010
Return: 15.00 % Date: 8/31/2010
Return: 2.00 % Date: 7/31/2010
Return: 7.40 % Date: 6/30/2010
Return: 2.30 % Date: 5/31/2010
Return: -1.50 % Date: 4/30/2010
Return: 0.40 % Date: 3/31/2010
Return: -1.90 % Date: 2/28/2010
Return: 0.00 % Date: 1/31/2010
Return: -4.50 % Date: 12/31/2009
Return: -3.40 % Date: 11/30/2009
Return: 6.00 % Date: 10/31/2009
Return: -2.20 % Date: 9/30/2009
Return: -1.10 % Date: 8/31/2009
Return: 2.60 % Date: 7/31/2009
Return: 2.10 % Date: 6/30/2009
Return: -3.10 % Date: 5/31/2009
Return: 15.30 % Date: 4/30/2009
Return: -3.30 % Date: 3/31/2009
Return: -4.40 % Date: 2/28/2009
Return: -2.40 % Date: 1/31/2009
Return: 2.50 % Date: 12/31/2008
Return: 0.40 % Date: 11/30/2008
Return: -6.90 % Date: 10/31/2008
Return: -2.10 % Date: 9/30/2008
Return: -13.50 % Date: 8/31/2008
Return: -15.00 % Date: 7/31/2008
Return: -4.40 % Date: 6/30/2008
Return: 3.20 % Date: 5/31/2008
Return: -3.20 % Date: 4/30/2008
Return: -5.20 % Date: 3/31/2008
Return: -2.50 % Date: 2/29/2008
Return: 23.30 % Date: 1/31/2008
Return: 11.10 % Date: 12/31/2007
Return: 17.70 % Date: 11/30/2007
Return: 1.90 % Date: 10/31/2007
Return: 3.30 % Date: 9/30/2007
Return: 39.20 % Date: 8/31/2007
Return: -3.50 % Date: 7/31/2007
Return: 2.10 % Date: 6/30/2007
Return: 2.90 % Date: 5/31/2007
Return: -1.50 % Date: 4/30/2007
Return: -4.00 % Date: 3/31/2007
Return: -13.10 % Date: 2/28/2007
Return: 10.30 % Date: 1/31/2007
Return: -3.00 % Date: 12/31/2006
Return: -8.70 % Date: 11/30/2006
Return: 25.50 % Date: 10/31/2006
Return: 13.80 % Date: 9/30/2006
Return: -9.90 % Date: 8/31/2006
Return: -6.80 % Date: 7/31/2006
Return: -0.30 % Date: 6/30/2006
Return: 1.50 % Date: 5/31/2006
Return: -2.70 % Date: 4/30/2006
Return: 24.80 % Date: 3/31/2006
Return: -9.00 % Date: 2/28/2006
Return: -15.40 % Date: 1/31/2006
Return: 1.20 % Date: 12/31/2005
Return: 12.00 % Date: 11/30/2005
Return: 2.00 % Date: 10/31/2005
Return: -3.30 % Date: 9/30/2005
Return: -3.40 % Date: 8/31/2005
Return: 0.80 % Date: 7/31/2005
Return: -3.60 % Date: 6/30/2005
Return: 1.50 % Date: 5/31/2005
Return: -2.10 % Date: 4/30/2005
Return: -8.70 % Date: 3/31/2005
Return: -1.00 % Date: 2/28/2005
Return: 15.60 % Date: 1/31/2005
Return: -8.30 % Date: 12/31/2004
Return: -12.70 % Date: 11/30/2004
Return: 5.50 % Date: 10/31/2004
Return: 2.20 % Date: 9/30/2004
Return: -1.30 % Date: 8/31/2004
Return: -5.70 % Date: 7/31/2004
Return: 0.10 % Date: 6/30/2004
Return: -6.30 % Date: 5/31/2004
Return: -12.70 % Date: 4/30/2004
Return: -1.40 % Date: 3/31/2004
Return: 1.60 % Date: 2/29/2004
Return: 11.10 % Date: 1/31/2004
Return: 7.40 % Date: 12/31/2003
Return: 6.40 % Date: 11/30/2003
Return: -5.70 % Date: 10/31/2003
Return: 18.30 % Date: 9/30/2003
Return: 18.50 % Date: 8/31/2003
Return: -4.10 % Date: 7/31/2003
Return: -10.30 % Date: 6/30/2003
Return: -1.10 % Date: 5/31/2003
Return: 5.00 % Date: 4/30/2003
Return: 4.00 % Date: 3/31/2003
Return: -11.90 % Date: 2/28/2003
Return: -5.20 % Date: 1/31/2003
Return: -0.90 % Date: 12/31/2002
Return: -0.60 % Date: 11/30/2002
Return: -5.60 % Date: 10/31/2002
Return: 3.40 % Date: 9/30/2002
Return: 1.90 % Date: 8/31/2002
Return: -1.70 % Date: 7/31/2002
Return: 15.40 % Date: 6/30/2002
Return: 23.60 % Date: 5/31/2002
Return: 23.90 % Date: 4/30/2002
Return: 2.90 % Date: 3/31/2002
Return: -4.40 % Date: 2/28/2002
Return: -6.90 % Date: 1/31/2002
Return: 3.90 % Date: 12/31/2001
Return: 3.50 % Date: 11/30/2001
Return: -11.50 % Date: 10/31/2001
Return: 11.20 % Date: 9/30/2001
Return: 0.00 % Date: 8/31/2001
Return: 0.00 %
Note: All performance data is since program inception.

Distribution of Monthly Returns
Date Range: 08/01 - 02/17
Return: 8.00 %
Count: 1 Return: -14.00 %
Count: 1 Return: 23.00 %
Count: 1 Return: 39.00 %
Count: 1 Return: 10.00 %
Count: 1 Return: 14.00 %
Count: 2 Return: 25.00 %
Count: 2 Return: -15.00 %
Count: 2 Return: 12.00 %
Count: 1 Return: -3.00 %
Count: 12 Return: 1.00 %
Count: 8 Return: -9.00 %
Count: 3 Return: 16.00 %
Count: 2 Return: -8.00 %
Count: 3 Return: -13.00 %
Count: 3 Return: 7.00 %
Count: 4 Return: 6.00 %
Count: 2 Return: 18.00 %
Count: 3 Return: -10.00 %
Count: 2 Return: 5.00 %
Count: 5 Return: -5.00 %
Count: 4 Return: -1.00 %
Count: 21 Return: -6.00 %
Count: 5 Return: 2.00 %
Count: 16 Return: -2.00 %
Count: 12 Return: 15.00 %
Count: 3 Return: 24.00 %
Count: 2 Return: -4.00 %
Count: 12 Return: -7.00 %
Count: 7 Return: 4.00 %
Count: 3 Return: 3.00 %
Count: 9 Return: -12.00 %
Count: 2 Return: 11.00 %
Count: 3 Return: 0.00 %
Count: 29
Note: All performance data is since program inception.

Underwater Curve
Date Range: 08/01 - 02/17
Date: 2/28/2017
Drawdown: -44.72 % Date: 1/31/2017
Drawdown: -44.61 % Date: 12/31/2016
Drawdown: -44.22 % Date: 11/30/2016
Drawdown: -44.44 % Date: 10/31/2016
Drawdown: -44.33 % Date: 9/30/2016
Drawdown: -44.05 % Date: 8/31/2016
Drawdown: -43.54 % Date: 7/31/2016
Drawdown: -41.37 % Date: 6/30/2016
Drawdown: -40.60 % Date: 5/31/2016
Drawdown: -41.71 % Date: 4/30/2016
Drawdown: -40.82 % Date: 3/31/2016
Drawdown: -42.26 % Date: 2/29/2016
Drawdown: -42.32 % Date: 1/31/2016
Drawdown: -42.66 % Date: 12/31/2015
Drawdown: -42.61 % Date: 11/30/2015
Drawdown: -42.43 % Date: 10/31/2015
Drawdown: -42.43 % Date: 9/30/2015
Drawdown: -42.43 % Date: 8/31/2015
Drawdown: -41.67 % Date: 7/31/2015
Drawdown: -41.85 % Date: 6/30/2015
Drawdown: -41.20 % Date: 5/31/2015
Drawdown: -41.20 % Date: 4/30/2015
Drawdown: -41.20 % Date: 3/31/2015
Drawdown: -40.31 % Date: 2/28/2015
Drawdown: -40.25 % Date: 1/31/2015
Drawdown: -40.01 % Date: 12/31/2014
Drawdown: -35.42 % Date: 11/30/2014
Drawdown: -34.17 % Date: 10/31/2014
Drawdown: -31.71 % Date: 9/30/2014
Drawdown: -32.85 % Date: 8/31/2014
Drawdown: -32.85 % Date: 7/31/2014
Drawdown: -31.97 % Date: 6/30/2014
Drawdown: -30.51 % Date: 5/31/2014
Drawdown: -31.40 % Date: 4/30/2014
Drawdown: -29.14 % Date: 3/31/2014
Drawdown: -28.35 % Date: 2/28/2014
Drawdown: -27.48 % Date: 1/31/2014
Drawdown: -32.03 % Date: 12/31/2013
Drawdown: -29.42 % Date: 11/30/2013
Drawdown: -28.27 % Date: 10/31/2013
Drawdown: -27.11 % Date: 9/30/2013
Drawdown: -20.51 % Date: 8/31/2013
Drawdown: -21.45 % Date: 7/31/2013
Drawdown: -18.01 % Date: 6/30/2013
Drawdown: -19.54 % Date: 5/31/2013
Drawdown: -18.64 % Date: 4/30/2013
Drawdown: -18.96 % Date: 3/31/2013
Drawdown: -12.20 % Date: 2/28/2013
Drawdown: -12.29 % Date: 1/31/2013
Drawdown: -7.48 % Date: 12/31/2012
Drawdown: -11.63 % Date: 11/30/2012
Drawdown: -7.86 % Date: 10/31/2012
Drawdown: -7.30 % Date: 9/30/2012
Drawdown: 0.00 % Date: 8/31/2012
Drawdown: -3.33 % Date: 7/31/2012
Drawdown: -10.58 % Date: 6/30/2012
Drawdown: -12.07 % Date: 5/31/2012
Drawdown: -14.72 % Date: 4/30/2012
Drawdown: -9.94 % Date: 3/31/2012
Drawdown: -10.92 % Date: 2/29/2012
Drawdown: -10.65 % Date: 1/31/2012
Drawdown: -10.57 % Date: 12/31/2011
Drawdown: -8.27 % Date: 11/30/2011
Drawdown: -8.27 % Date: 10/31/2011
Drawdown: -8.27 % Date: 9/30/2011
Drawdown: -6.40 % Date: 8/31/2011
Drawdown: 0.00 % Date: 7/31/2011
Drawdown: -6.24 % Date: 6/30/2011
Drawdown: -6.99 % Date: 5/31/2011
Drawdown: -0.20 % Date: 4/30/2011
Drawdown: 0.00 % Date: 3/31/2011
Drawdown: -10.71 % Date: 2/28/2011
Drawdown: -13.89 % Date: 1/31/2011
Drawdown: -15.50 % Date: 12/31/2010
Drawdown: -9.14 % Date: 11/30/2010
Drawdown: -20.44 % Date: 10/31/2010
Drawdown: -19.79 % Date: 9/30/2010
Drawdown: -23.98 % Date: 8/31/2010
Drawdown: -33.89 % Date: 7/31/2010
Drawdown: -35.19 % Date: 6/30/2010
Drawdown: -39.65 % Date: 5/31/2010
Drawdown: -41.01 % Date: 4/30/2010
Drawdown: -40.11 % Date: 3/31/2010
Drawdown: -40.35 % Date: 2/28/2010
Drawdown: -39.20 % Date: 1/31/2010
Drawdown: -39.20 % Date: 12/31/2009
Drawdown: -36.33 % Date: 11/30/2009
Drawdown: -34.09 % Date: 10/31/2009
Drawdown: -37.82 % Date: 9/30/2009
Drawdown: -36.42 % Date: 8/31/2009
Drawdown: -35.71 % Date: 7/31/2009
Drawdown: -37.34 % Date: 6/30/2009
Drawdown: -38.63 % Date: 5/31/2009
Drawdown: -36.67 % Date: 4/30/2009
Drawdown: -45.07 % Date: 3/31/2009
Drawdown: -43.20 % Date: 2/28/2009
Drawdown: -40.58 % Date: 1/31/2009
Drawdown: -39.12 % Date: 12/31/2008
Drawdown: -40.61 % Date: 11/30/2008
Drawdown: -40.84 % Date: 10/31/2008
Drawdown: -36.46 % Date: 9/30/2008
Drawdown: -35.10 % Date: 8/31/2008
Drawdown: -24.97 % Date: 7/31/2008
Drawdown: -11.73 % Date: 6/30/2008
Drawdown: -7.66 % Date: 5/31/2008
Drawdown: -10.53 % Date: 4/30/2008
Drawdown: -7.57 % Date: 3/31/2008
Drawdown: -2.50 % Date: 2/29/2008
Drawdown: 0.00 % Date: 1/31/2008
Drawdown: 0.00 % Date: 12/31/2007
Drawdown: 0.00 % Date: 11/30/2007
Drawdown: -4.39 % Date: 10/31/2007
Drawdown: -6.18 % Date: 9/30/2007
Drawdown: -9.17 % Date: 8/31/2007
Drawdown: -34.75 % Date: 7/31/2007
Drawdown: -32.38 % Date: 6/30/2007
Drawdown: -33.78 % Date: 5/31/2007
Drawdown: -35.64 % Date: 4/30/2007
Drawdown: -34.66 % Date: 3/31/2007
Drawdown: -31.94 % Date: 2/28/2007
Drawdown: -21.68 % Date: 1/31/2007
Drawdown: -28.99 % Date: 12/31/2006
Drawdown: -26.80 % Date: 11/30/2006
Drawdown: -19.82 % Date: 10/31/2006
Drawdown: -36.11 % Date: 9/30/2006
Drawdown: -43.86 % Date: 8/31/2006
Drawdown: -37.69 % Date: 7/31/2006
Drawdown: -33.15 % Date: 6/30/2006
Drawdown: -32.94 % Date: 5/31/2006
Drawdown: -33.93 % Date: 4/30/2006
Drawdown: -32.10 % Date: 3/31/2006
Drawdown: -45.59 % Date: 2/28/2006
Drawdown: -40.21 % Date: 1/31/2006
Drawdown: -29.33 % Date: 12/31/2005
Drawdown: -30.17 % Date: 11/30/2005
Drawdown: -37.65 % Date: 10/31/2005
Drawdown: -38.87 % Date: 9/30/2005
Drawdown: -36.79 % Date: 8/31/2005
Drawdown: -34.56 % Date: 7/31/2005
Drawdown: -35.08 % Date: 6/30/2005
Drawdown: -32.66 % Date: 5/31/2005
Drawdown: -33.65 % Date: 4/30/2005
Drawdown: -32.23 % Date: 3/31/2005
Drawdown: -25.77 % Date: 2/28/2005
Drawdown: -25.02 % Date: 1/31/2005
Drawdown: -35.14 % Date: 12/31/2004
Drawdown: -29.27 % Date: 11/30/2004
Drawdown: -18.98 % Date: 10/31/2004
Drawdown: -23.20 % Date: 9/30/2004
Drawdown: -24.86 % Date: 8/31/2004
Drawdown: -23.87 % Date: 7/31/2004
Drawdown: -19.26 % Date: 6/30/2004
Drawdown: -19.35 % Date: 5/31/2004
Drawdown: -13.92 % Date: 4/30/2004
Drawdown: -1.40 % Date: 3/31/2004
Drawdown: 0.00 % Date: 2/29/2004
Drawdown: 0.00 % Date: 1/31/2004
Drawdown: 0.00 % Date: 12/31/2003
Drawdown: 0.00 % Date: 11/30/2003
Drawdown: -5.70 % Date: 10/31/2003
Drawdown: 0.00 % Date: 9/30/2003
Drawdown: -14.50 % Date: 8/31/2003
Drawdown: -27.85 % Date: 7/31/2003
Drawdown: -24.76 % Date: 6/30/2003
Drawdown: -16.12 % Date: 5/31/2003
Drawdown: -15.19 % Date: 4/30/2003
Drawdown: -19.23 % Date: 3/31/2003
Drawdown: -22.34 % Date: 2/28/2003
Drawdown: -11.85 % Date: 1/31/2003
Drawdown: -7.01 % Date: 12/31/2002
Drawdown: -6.17 % Date: 11/30/2002
Drawdown: -5.60 % Date: 10/31/2002
Drawdown: 0.00 % Date: 9/30/2002
Drawdown: 0.00 % Date: 8/31/2002
Drawdown: -1.70 % Date: 7/31/2002
Drawdown: 0.00 % Date: 6/30/2002
Drawdown: 0.00 % Date: 5/31/2002
Drawdown: 0.00 % Date: 4/30/2002
Drawdown: -12.84 % Date: 3/31/2002
Drawdown: -15.30 % Date: 2/28/2002
Drawdown: -11.40 % Date: 1/31/2002
Drawdown: -4.83 % Date: 12/31/2001
Drawdown: -8.40 % Date: 11/30/2001
Drawdown: -11.50 % Date: 10/31/2001
Drawdown: 0.00 % Date: 9/30/2001
Drawdown: 0.00 %
Note: All performance data is since program inception.
Notes to Performance

Manager Information
Manager Name:  James H. Jones Capital Management LLC
Address: 5601 Granite Parkway, Suite 300
City: Plano
State: TX
Zip: 75024
Country: USA
Key People
Name:  James H. Jones
Position:  Principal
Biography: 

Mr. Jones graduated from the University of Texas at Austin in 1972 with a B.A. in Finance. He is currently a Financial Advisor, Senior Vice President, and registered as an Associated Person with Southwest Securities, Inc. Since September 2000, Mr. Jones has been resident in SWS's Dallas, TX Branch Office. Immediately prior to joining SWS, Mr. Jones was associated with Prudential Securities from December 1994 to September 2000, where he was a First Vice President/Investments. Mr. Jones was first registered as a CTA in 1980. Mr. Jones has also been publisher of a periodic newsletter (HALCO Trading Strategies) since 1985. Mr Jones believes that prices in most markets move in cycles. His computerized trading programs identify these cycles and generates signals to take advantage of this movement.


Additional Information

The Program Performance information presented in this and other areas of the www.managedfutures.com website was prepared by Altegris Clearing Solutions, LLC, an affiliate within the Altegris Group of Companies, based upon information provided by each respective manager of commodity futures and foreign currency trading programs tracked by Altegris Clearing Solutions and its affiliates. The Program Performance information does not contain opinion or analysis of Altegris Clearing Solutions or any of its affiliates, and the completeness and accuracy of performance information reported to Altegris Clearing Solutions cannot in all cases be independently verified. See “Additional Information” at the end of this page for further details regarding the presentation of performance. PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.