Altegris Clearing Solutions Emil Van Essen, LLC Emil van Essen Spread Trading Program *QEP*
Monthly Performance (%)
Date Range: 11/06 - 03/17
  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec YTD
2017 3.42 0.11 0.56 4.11
2016 7.13 -1.36 2.50 0.12 -1.40 2.86 3.68 -0.11 -0.22 0.46 1.61 -1.25 14.57
2015 1.91 -1.97 6.03 6.32 0.86 -0.23 -0.55 1.40 -5.32 -1.71 2.48 -2.61 6.15
2014 -4.92 -0.38 1.37 3.18 -1.77 -0.95 6.37 -1.59 -0.41 1.53 -0.35 -8.46 -6.93
2013 -2.65 0.53 -2.04 0.46 1.60 -4.21 -6.35 1.39 3.26 0.02 0.34 1.53 -6.36
2012 -0.65 -4.51 -2.70 5.24 -1.81 -2.55 -8.00 -0.67 1.49 1.41 0.81 0.27 -11.63
2011 14.70 -1.02 2.25 0.52 6.50 2.69 -0.46 -1.94 3.47 1.14 -0.38 3.18 33.99
2010 -3.62 4.82 0.56 10.37 2.24 -2.42 0.57 4.40 0.69 -0.21 -4.04 -1.63 11.40
2009 9.33 1.35 6.06 1.47 -1.93 2.66 1.80 0.06 -0.55 3.14 2.74 -0.05 28.81
2008 31.43 -5.85 -3.83 10.25 12.30 11.70 1.80 1.38 3.75 1.41 -1.29 4.14 83.70
2007 2.83 12.28 4.19 25.23 15.83 -20.86 -9.70 28.01 -25.28 -6.67 22.94 -3.07 32.65
2006 -0.45 -0.45
Note: Estimates appear in italics. All performance data is since program inception.
Strategy Description

The Emil van Essen Spread Trading Program seeks non-correlated alpha through the spread and relative value trading of exchange-listed futures and options contracts. The program primarily trades commodities through calendar spreads. Outright commodities as well as inter-commodity, interest rate, and equity volatility spreads are also included. Quantitative research and significant discretion are used with the goal of generating strong returns in various market environments. The program typically has a low to negative correlation to benchmarks including CTA, commodity and stock indices with a track record dating back to December 2006. Discretionary overlay.

Performance Statistics
Date Range: 11/06 - 03/17
  Program SP500 TR Altegris 40
Total Return 354.82% 114.59% 34.69%
Annualized Return 15.79% 7.61% 2.90%
Annualized Std. Deviation 24.23% 14.96% 9.24%
Correlation -0.10 -0.10
Sharpe Ratio (rf=2.5%) 0.55 0.34 0.04
Worst Month -25.28% -16.79% -5.20%
Date of Worst Month 09/2007 10/2008 06/2015
Worst Drawdown -36.21% -50.95% -15.74%
Date of Worst Drawdown 5/07 - 10/07 10/07 - 2/09 4/11 - 9/13
Note: Estimates appear in italics. All performance data is since program inception.
Annual Performance (%)
Date Range: 11/06 - 03/17
Year or YTD Program SP500 TR Altegris 40
2017 4.11 6.07 -0.61
2016 14.57 11.98 -3.13
2015 6.15 1.41 0.09
2014 -6.93 13.69 15.75
2013 -6.36 32.41 -2.45
2012 -11.63 15.98 -4.75
2011 33.99 2.12 -3.23
2010 11.40 15.06 11.33
2009 28.81 26.45 -7.98
2008 83.70 -36.99 15.47
2007 32.65 5.50 7.18
2006 -0.45 1.40 3.38
Note: Estimates appear in italics. All performance data is since program inception.
Performance Comparison
Date Range: 11/06 - 03/17
Date: 3/31/2017
Perf: $1,314.69 Date: 2/28/2017
Perf: $1,334.17 Date: 1/31/2017
Perf: $1,305.71 Date: 12/31/2016
Perf: $1,322.77 Date: 11/30/2016
Perf: $1,312.79 Date: 10/31/2016
Perf: $1,327.39 Date: 9/30/2016
Perf: $1,362.55 Date: 8/31/2016
Perf: $1,380.35 Date: 7/31/2016
Perf: $1,418.51 Date: 6/30/2016
Perf: $1,404.19 Date: 5/31/2016
Perf: $1,346.94 Date: 4/30/2016
Perf: $1,370.94 Date: 3/31/2016
Perf: $1,406.23 Date: 2/29/2016
Perf: $1,447.78 Date: 1/31/2016
Perf: $1,413.02 Date: 12/31/2015
Perf: $1,365.50 Date: 11/30/2015
Perf: $1,397.65 Date: 10/31/2015
Perf: $1,351.56 Date: 9/30/2015
Perf: $1,375.50 Date: 8/31/2015
Perf: $1,346.28 Date: 7/31/2015
Perf: $1,369.98 Date: 6/30/2015
Perf: $1,318.43 Date: 5/31/2015
Perf: $1,390.75 Date: 4/30/2015
Perf: $1,400.84 Date: 3/31/2015
Perf: $1,457.08 Date: 2/28/2015
Perf: $1,425.57 Date: 1/31/2015
Perf: $1,427.86 Date: 12/31/2014
Perf: $1,364.28 Date: 11/30/2014
Perf: $1,340.69 Date: 10/31/2014
Perf: $1,265.40 Date: 9/30/2014
Perf: $1,247.06 Date: 8/31/2014
Perf: $1,228.76 Date: 7/31/2014
Perf: $1,178.89 Date: 6/30/2014
Perf: $1,188.40 Date: 5/31/2014
Perf: $1,178.26 Date: 4/30/2014
Perf: $1,148.85 Date: 3/31/2014
Perf: $1,140.19 Date: 2/28/2014
Perf: $1,157.31 Date: 1/31/2014
Perf: $1,147.90 Date: 12/31/2013
Perf: $1,178.67 Date: 11/30/2013
Perf: $1,180.32 Date: 10/31/2013
Perf: $1,159.33 Date: 9/30/2013
Perf: $1,133.38 Date: 8/31/2013
Perf: $1,140.22 Date: 7/31/2013
Perf: $1,162.54 Date: 6/30/2013
Perf: $1,172.74 Date: 5/31/2013
Perf: $1,218.94 Date: 4/30/2013
Perf: $1,273.71 Date: 3/31/2013
Perf: $1,241.68 Date: 2/28/2013
Perf: $1,224.05 Date: 1/31/2013
Perf: $1,231.19 Date: 12/31/2012
Perf: $1,208.23 Date: 11/30/2012
Perf: $1,202.34 Date: 10/31/2012
Perf: $1,198.99 Date: 9/30/2012
Perf: $1,244.02 Date: 8/31/2012
Perf: $1,264.89 Date: 7/31/2012
Perf: $1,282.33 Date: 6/30/2012
Perf: $1,231.94 Date: 5/31/2012
Perf: $1,280.07 Date: 4/30/2012
Perf: $1,256.21 Date: 3/31/2012
Perf: $1,248.71 Date: 2/29/2012
Perf: $1,277.72 Date: 1/31/2012
Perf: $1,272.50 Date: 12/31/2011
Perf: $1,268.44 Date: 11/30/2011
Perf: $1,256.38 Date: 10/31/2011
Perf: $1,252.62 Date: 9/30/2011
Perf: $1,304.27 Date: 8/31/2011
Perf: $1,305.06 Date: 7/31/2011
Perf: $1,307.67 Date: 6/30/2011
Perf: $1,262.35 Date: 5/31/2011
Perf: $1,296.05 Date: 4/30/2011
Perf: $1,345.15 Date: 3/31/2011
Perf: $1,294.66 Date: 2/28/2011
Perf: $1,314.77 Date: 1/31/2011
Perf: $1,292.79 Date: 12/31/2010
Perf: $1,310.75 Date: 11/30/2010
Perf: $1,256.83 Date: 10/31/2010
Perf: $1,302.96 Date: 9/30/2010
Perf: $1,254.29 Date: 8/31/2010
Perf: $1,231.87 Date: 7/31/2010
Perf: $1,182.90 Date: 6/30/2010
Perf: $1,198.36 Date: 5/31/2010
Perf: $1,193.82 Date: 4/30/2010
Perf: $1,223.43 Date: 3/31/2010
Perf: $1,204.87 Date: 2/28/2010
Perf: $1,158.87 Date: 1/31/2010
Perf: $1,148.07 Date: 12/31/2009
Perf: $1,177.39 Date: 11/30/2009
Perf: $1,226.45 Date: 10/31/2009
Perf: $1,178.94 Date: 9/30/2009
Perf: $1,209.91 Date: 8/31/2009
Perf: $1,181.79 Date: 7/31/2009
Perf: $1,177.90 Date: 6/30/2009
Perf: $1,179.20 Date: 5/31/2009
Perf: $1,211.42 Date: 4/30/2009
Perf: $1,194.93 Date: 3/31/2009
Perf: $1,235.32 Date: 2/28/2009
Perf: $1,270.52 Date: 1/31/2009
Perf: $1,271.15 Date: 12/31/2008
Perf: $1,279.47 Date: 11/30/2008
Perf: $1,247.41 Date: 10/31/2008
Perf: $1,203.25 Date: 9/30/2008
Perf: $1,144.32 Date: 8/31/2008
Perf: $1,141.92 Date: 7/31/2008
Perf: $1,173.25 Date: 6/30/2008
Perf: $1,229.69 Date: 5/31/2008
Perf: $1,197.71 Date: 4/30/2008
Perf: $1,173.54 Date: 3/31/2008
Perf: $1,187.19 Date: 2/29/2008
Perf: $1,192.44 Date: 1/31/2008
Perf: $1,128.24 Date: 12/31/2007
Perf: $1,108.07 Date: 11/30/2007
Perf: $1,110.63 Date: 10/31/2007
Perf: $1,117.89 Date: 9/30/2007
Perf: $1,071.70 Date: 8/31/2007
Perf: $1,023.89 Date: 7/31/2007
Perf: $1,063.56 Date: 6/30/2007
Perf: $1,097.47 Date: 5/31/2007
Perf: $1,066.64 Date: 4/30/2007
Perf: $1,029.88 Date: 3/31/2007
Perf: $988.37 Date: 2/28/2007
Perf: $1,012.05 Date: 1/31/2007
Perf: $1,051.48 Date: 12/31/2006
Perf: $1,033.80 Date: 11/30/2006
Perf: $1,000.00 Date: 3/31/2017
Perf: $2,105.92 Date: 2/28/2017
Perf: $2,103.39 Date: 1/31/2017
Perf: $2,023.08 Date: 12/31/2016
Perf: $1,985.36 Date: 11/30/2016
Perf: $1,946.81 Date: 10/31/2016
Perf: $1,877.35 Date: 9/30/2016
Perf: $1,912.15 Date: 8/31/2016
Perf: $1,911.77 Date: 7/31/2016
Perf: $1,909.09 Date: 6/30/2016
Perf: $1,841.15 Date: 5/31/2016
Perf: $1,836.38 Date: 4/30/2016
Perf: $1,803.91 Date: 3/31/2016
Perf: $1,796.90 Date: 2/29/2016
Perf: $1,682.81 Date: 1/31/2016
Perf: $1,685.00 Date: 12/31/2015
Perf: $1,772.94 Date: 11/30/2015
Perf: $1,801.40 Date: 10/31/2015
Perf: $1,796.01 Date: 9/30/2015
Perf: $1,656.22 Date: 8/31/2015
Perf: $1,698.17 Date: 7/31/2015
Perf: $1,807.14 Date: 6/30/2015
Perf: $1,769.97 Date: 5/31/2015
Perf: $1,804.99 Date: 4/30/2015
Perf: $1,782.00 Date: 3/31/2015
Perf: $1,765.05 Date: 2/28/2015
Perf: $1,793.39 Date: 1/31/2015
Perf: $1,695.88 Date: 12/31/2014
Perf: $1,748.33 Date: 11/30/2014
Perf: $1,752.71 Date: 10/31/2014
Perf: $1,706.80 Date: 9/30/2014
Perf: $1,666.14 Date: 8/31/2014
Perf: $1,689.80 Date: 7/31/2014
Perf: $1,624.81 Date: 6/30/2014
Perf: $1,647.54 Date: 5/31/2014
Perf: $1,614.13 Date: 4/30/2014
Perf: $1,577.07 Date: 3/31/2014
Perf: $1,565.48 Date: 2/28/2014
Perf: $1,552.44 Date: 1/31/2014
Perf: $1,484.60 Date: 12/31/2013
Perf: $1,537.81 Date: 11/30/2013
Perf: $1,499.86 Date: 10/31/2013
Perf: $1,455.47 Date: 9/30/2013
Perf: $1,391.46 Date: 8/31/2013
Perf: $1,349.10 Date: 7/31/2013
Perf: $1,389.39 Date: 6/30/2013
Perf: $1,322.10 Date: 5/31/2013
Perf: $1,340.05 Date: 4/30/2013
Perf: $1,309.41 Date: 3/31/2013
Perf: $1,284.62 Date: 2/28/2013
Perf: $1,238.19 Date: 1/31/2013
Perf: $1,221.57 Date: 12/31/2012
Perf: $1,161.41 Date: 11/30/2012
Perf: $1,150.94 Date: 10/31/2012
Perf: $1,144.30 Date: 9/30/2012
Perf: $1,165.87 Date: 8/31/2012
Perf: $1,136.55 Date: 7/31/2012
Perf: $1,111.54 Date: 6/30/2012
Perf: $1,096.30 Date: 5/31/2012
Perf: $1,052.92 Date: 4/30/2012
Perf: $1,120.25 Date: 3/31/2012
Perf: $1,127.35 Date: 2/29/2012
Perf: $1,091.44 Date: 1/31/2012
Perf: $1,046.24 Date: 12/31/2011
Perf: $1,001.38 Date: 11/30/2011
Perf: $991.27 Date: 10/31/2011
Perf: $993.46 Date: 9/30/2011
Perf: $895.57 Date: 8/31/2011
Perf: $963.29 Date: 7/31/2011
Perf: $1,018.60 Date: 6/30/2011
Perf: $1,039.71 Date: 5/31/2011
Perf: $1,057.36 Date: 4/30/2011
Perf: $1,069.45 Date: 3/31/2011
Perf: $1,038.70 Date: 2/28/2011
Perf: $1,038.29 Date: 1/31/2011
Perf: $1,003.85 Date: 12/31/2010
Perf: $980.61 Date: 11/30/2010
Perf: $919.21 Date: 10/31/2010
Perf: $919.12 Date: 9/30/2010
Perf: $885.39 Date: 8/31/2010
Perf: $812.88 Date: 7/31/2010
Perf: $851.27 Date: 6/30/2010
Perf: $795.50 Date: 5/31/2010
Perf: $839.41 Date: 4/30/2010
Perf: $912.30 Date: 3/31/2010
Perf: $898.11 Date: 2/28/2010
Perf: $847.03 Date: 1/31/2010
Perf: $821.56 Date: 12/31/2009
Perf: $852.24 Date: 11/30/2009
Perf: $836.11 Date: 10/31/2009
Perf: $788.78 Date: 9/30/2009
Perf: $803.73 Date: 8/31/2009
Perf: $774.83 Date: 7/31/2009
Perf: $747.83 Date: 6/30/2009
Perf: $695.27 Date: 5/31/2009
Perf: $693.88 Date: 4/30/2009
Perf: $657.15 Date: 3/31/2009
Perf: $599.75 Date: 2/28/2009
Perf: $551.44 Date: 1/31/2009
Perf: $617.17 Date: 12/31/2008
Perf: $673.99 Date: 11/30/2008
Perf: $666.92 Date: 10/31/2008
Perf: $718.51 Date: 9/30/2008
Perf: $863.49 Date: 8/31/2008
Perf: $947.95 Date: 7/31/2008
Perf: $934.40 Date: 6/30/2008
Perf: $942.32 Date: 5/31/2008
Perf: $1,029.07 Date: 4/30/2008
Perf: $1,015.86 Date: 3/31/2008
Perf: $968.69 Date: 2/29/2008
Perf: $972.87 Date: 1/31/2008
Perf: $1,005.55 Date: 12/31/2007
Perf: $1,069.74 Date: 11/30/2007
Perf: $1,077.17 Date: 10/31/2007
Perf: $1,124.16 Date: 9/30/2007
Perf: $1,106.57 Date: 8/31/2007
Perf: $1,066.67 Date: 7/31/2007
Perf: $1,050.91 Date: 6/30/2007
Perf: $1,084.53 Date: 5/31/2007
Perf: $1,102.84 Date: 4/30/2007
Perf: $1,065.64 Date: 3/31/2007
Perf: $1,020.44 Date: 2/28/2007
Perf: $1,009.14 Date: 1/31/2007
Perf: $1,029.31 Date: 12/31/2006
Perf: $1,014.00 Date: 11/30/2006
Perf: $1,000.00 Date: 3/31/2017
Perf: $4,548.19 Date: 2/28/2017
Perf: $4,522.86 Date: 1/31/2017
Perf: $4,517.89 Date: 12/31/2016
Perf: $4,368.49 Date: 11/30/2016
Perf: $4,423.78 Date: 10/31/2016
Perf: $4,353.69 Date: 9/30/2016
Perf: $4,333.75 Date: 8/31/2016
Perf: $4,343.31 Date: 7/31/2016
Perf: $4,348.09 Date: 6/30/2016
Perf: $4,193.76 Date: 5/31/2016
Perf: $4,077.16 Date: 4/30/2016
Perf: $4,135.05 Date: 3/31/2016
Perf: $4,130.09 Date: 2/29/2016
Perf: $4,029.36 Date: 1/31/2016
Perf: $4,084.91 Date: 12/31/2015
Perf: $3,813.04 Date: 11/30/2015
Perf: $3,915.23 Date: 10/31/2015
Perf: $3,820.48 Date: 9/30/2015
Perf: $3,886.95 Date: 8/31/2015
Perf: $4,105.35 Date: 7/31/2015
Perf: $4,048.67 Date: 6/30/2015
Perf: $4,071.06 Date: 5/31/2015
Perf: $4,080.45 Date: 4/30/2015
Perf: $4,045.65 Date: 3/31/2015
Perf: $3,805.17 Date: 2/28/2015
Perf: $3,588.77 Date: 1/31/2015
Perf: $3,660.88 Date: 12/31/2014
Perf: $3,592.27 Date: 11/30/2014
Perf: $3,924.27 Date: 10/31/2014
Perf: $3,938.05 Date: 9/30/2014
Perf: $3,878.70 Date: 8/31/2014
Perf: $3,894.67 Date: 7/31/2014
Perf: $3,957.60 Date: 6/30/2014
Perf: $3,720.60 Date: 5/31/2014
Perf: $3,756.28 Date: 4/30/2014
Perf: $3,823.97 Date: 3/31/2014
Perf: $3,706.11 Date: 2/28/2014
Perf: $3,656.02 Date: 1/31/2014
Perf: $3,669.97 Date: 12/31/2013
Perf: $3,859.87 Date: 11/30/2013
Perf: $3,801.71 Date: 10/31/2013
Perf: $3,788.83 Date: 9/30/2013
Perf: $3,788.07 Date: 8/31/2013
Perf: $3,668.48 Date: 7/31/2013
Perf: $3,618.18 Date: 6/30/2013
Perf: $3,863.52 Date: 5/31/2013
Perf: $4,033.32 Date: 4/30/2013
Perf: $3,969.80 Date: 3/31/2013
Perf: $3,951.63 Date: 2/28/2013
Perf: $4,033.92 Date: 1/31/2013
Perf: $4,012.65 Date: 12/31/2012
Perf: $4,121.88 Date: 11/30/2012
Perf: $4,110.78 Date: 10/31/2012
Perf: $4,077.75 Date: 9/30/2012
Perf: $4,021.05 Date: 8/31/2012
Perf: $3,962.02 Date: 7/31/2012
Perf: $3,988.75 Date: 6/30/2012
Perf: $4,335.59 Date: 5/31/2012
Perf: $4,449.04 Date: 4/30/2012
Perf: $4,531.06 Date: 3/31/2012
Perf: $4,305.45 Date: 2/29/2012
Perf: $4,424.92 Date: 1/31/2012
Perf: $4,633.91 Date: 12/31/2011
Perf: $4,664.23 Date: 11/30/2011
Perf: $4,520.48 Date: 10/31/2011
Perf: $4,537.72 Date: 9/30/2011
Perf: $4,486.57 Date: 8/31/2011
Perf: $4,336.11 Date: 7/31/2011
Perf: $4,421.90 Date: 6/30/2011
Perf: $4,442.33 Date: 5/31/2011
Perf: $4,325.96 Date: 4/30/2011
Perf: $4,061.94 Date: 3/31/2011
Perf: $4,040.92 Date: 2/28/2011
Perf: $3,952.00 Date: 1/31/2011
Perf: $3,992.73 Date: 12/31/2010
Perf: $3,481.02 Date: 11/30/2010
Perf: $3,538.70 Date: 10/31/2010
Perf: $3,687.68 Date: 9/30/2010
Perf: $3,695.44 Date: 8/31/2010
Perf: $3,670.12 Date: 7/31/2010
Perf: $3,515.44 Date: 6/30/2010
Perf: $3,495.52 Date: 5/31/2010
Perf: $3,582.21 Date: 4/30/2010
Perf: $3,503.72 Date: 3/31/2010
Perf: $3,174.52 Date: 2/28/2010
Perf: $3,156.85 Date: 1/31/2010
Perf: $3,011.68 Date: 12/31/2009
Perf: $3,124.80 Date: 11/30/2009
Perf: $3,126.36 Date: 10/31/2009
Perf: $3,042.99 Date: 9/30/2009
Perf: $2,950.34 Date: 8/31/2009
Perf: $2,966.66 Date: 7/31/2009
Perf: $2,964.88 Date: 6/30/2009
Perf: $2,912.46 Date: 5/31/2009
Perf: $2,836.99 Date: 4/30/2009
Perf: $2,892.83 Date: 3/31/2009
Perf: $2,850.92 Date: 2/28/2009
Perf: $2,688.02 Date: 1/31/2009
Perf: $2,652.22 Date: 12/31/2008
Perf: $2,425.88 Date: 11/30/2008
Perf: $2,329.44 Date: 10/31/2008
Perf: $2,359.89 Date: 9/30/2008
Perf: $2,327.07 Date: 8/31/2008
Perf: $2,242.96 Date: 7/31/2008
Perf: $2,212.43 Date: 6/30/2008
Perf: $2,173.31 Date: 5/31/2008
Perf: $1,945.67 Date: 4/30/2008
Perf: $1,732.56 Date: 3/31/2008
Perf: $1,571.49 Date: 2/29/2008
Perf: $1,634.07 Date: 1/31/2008
Perf: $1,735.60 Date: 12/31/2007
Perf: $1,320.55 Date: 11/30/2007
Perf: $1,362.38 Date: 10/31/2007
Perf: $1,108.17 Date: 9/30/2007
Perf: $1,187.36 Date: 8/31/2007
Perf: $1,589.08 Date: 7/31/2007
Perf: $1,241.37 Date: 6/30/2007
Perf: $1,374.72 Date: 5/31/2007
Perf: $1,737.08 Date: 4/30/2007
Perf: $1,499.68 Date: 3/31/2007
Perf: $1,197.54 Date: 2/28/2007
Perf: $1,149.38 Date: 1/31/2007
Perf: $1,023.67 Date: 12/31/2006
Perf: $995.50 Date: 11/30/2006
Perf: $1,000.00
Note: All performance data is since program inception.

Monthly Returns
Date Range: 11/06 - 03/17
Date: 3/31/2017
Return: 0.56 % Date: 2/28/2017
Return: 0.11 % Date: 1/31/2017
Return: 3.42 % Date: 12/31/2016
Return: -1.25 % Date: 11/30/2016
Return: 1.61 % Date: 10/31/2016
Return: 0.46 % Date: 9/30/2016
Return: -0.22 % Date: 8/31/2016
Return: -0.11 % Date: 7/31/2016
Return: 3.68 % Date: 6/30/2016
Return: 2.86 % Date: 5/31/2016
Return: -1.40 % Date: 4/30/2016
Return: 0.12 % Date: 3/31/2016
Return: 2.50 % Date: 2/29/2016
Return: -1.36 % Date: 1/31/2016
Return: 7.13 % Date: 12/31/2015
Return: -2.61 % Date: 11/30/2015
Return: 2.48 % Date: 10/31/2015
Return: -1.71 % Date: 9/30/2015
Return: -5.32 % Date: 8/31/2015
Return: 1.40 % Date: 7/31/2015
Return: -0.55 % Date: 6/30/2015
Return: -0.23 % Date: 5/31/2015
Return: 0.86 % Date: 4/30/2015
Return: 6.32 % Date: 3/31/2015
Return: 6.03 % Date: 2/28/2015
Return: -1.97 % Date: 1/31/2015
Return: 1.91 % Date: 12/31/2014
Return: -8.46 % Date: 11/30/2014
Return: -0.35 % Date: 10/31/2014
Return: 1.53 % Date: 9/30/2014
Return: -0.41 % Date: 8/31/2014
Return: -1.59 % Date: 7/31/2014
Return: 6.37 % Date: 6/30/2014
Return: -0.95 % Date: 5/31/2014
Return: -1.77 % Date: 4/30/2014
Return: 3.18 % Date: 3/31/2014
Return: 1.37 % Date: 2/28/2014
Return: -0.38 % Date: 1/31/2014
Return: -4.92 % Date: 12/31/2013
Return: 1.53 % Date: 11/30/2013
Return: 0.34 % Date: 10/31/2013
Return: 0.02 % Date: 9/30/2013
Return: 3.26 % Date: 8/31/2013
Return: 1.39 % Date: 7/31/2013
Return: -6.35 % Date: 6/30/2013
Return: -4.21 % Date: 5/31/2013
Return: 1.60 % Date: 4/30/2013
Return: 0.46 % Date: 3/31/2013
Return: -2.04 % Date: 2/28/2013
Return: 0.53 % Date: 1/31/2013
Return: -2.65 % Date: 12/31/2012
Return: 0.27 % Date: 11/30/2012
Return: 0.81 % Date: 10/31/2012
Return: 1.41 % Date: 9/30/2012
Return: 1.49 % Date: 8/31/2012
Return: -0.67 % Date: 7/31/2012
Return: -8.00 % Date: 6/30/2012
Return: -2.55 % Date: 5/31/2012
Return: -1.81 % Date: 4/30/2012
Return: 5.24 % Date: 3/31/2012
Return: -2.70 % Date: 2/29/2012
Return: -4.51 % Date: 1/31/2012
Return: -0.65 % Date: 12/31/2011
Return: 3.18 % Date: 11/30/2011
Return: -0.38 % Date: 10/31/2011
Return: 1.14 % Date: 9/30/2011
Return: 3.47 % Date: 8/31/2011
Return: -1.94 % Date: 7/31/2011
Return: -0.46 % Date: 6/30/2011
Return: 2.69 % Date: 5/31/2011
Return: 6.50 % Date: 4/30/2011
Return: 0.52 % Date: 3/31/2011
Return: 2.25 % Date: 2/28/2011
Return: -1.02 % Date: 1/31/2011
Return: 14.70 % Date: 12/31/2010
Return: -1.63 % Date: 11/30/2010
Return: -4.04 % Date: 10/31/2010
Return: -0.21 % Date: 9/30/2010
Return: 0.69 % Date: 8/31/2010
Return: 4.40 % Date: 7/31/2010
Return: 0.57 % Date: 6/30/2010
Return: -2.42 % Date: 5/31/2010
Return: 2.24 % Date: 4/30/2010
Return: 10.37 % Date: 3/31/2010
Return: 0.56 % Date: 2/28/2010
Return: 4.82 % Date: 1/31/2010
Return: -3.62 % Date: 12/31/2009
Return: -0.05 % Date: 11/30/2009
Return: 2.74 % Date: 10/31/2009
Return: 3.14 % Date: 9/30/2009
Return: -0.55 % Date: 8/31/2009
Return: 0.06 % Date: 7/31/2009
Return: 1.80 % Date: 6/30/2009
Return: 2.66 % Date: 5/31/2009
Return: -1.93 % Date: 4/30/2009
Return: 1.47 % Date: 3/31/2009
Return: 6.06 % Date: 2/28/2009
Return: 1.35 % Date: 1/31/2009
Return: 9.33 % Date: 12/31/2008
Return: 4.14 % Date: 11/30/2008
Return: -1.29 % Date: 10/31/2008
Return: 1.41 % Date: 9/30/2008
Return: 3.75 % Date: 8/31/2008
Return: 1.38 % Date: 7/31/2008
Return: 1.80 % Date: 6/30/2008
Return: 11.70 % Date: 5/31/2008
Return: 12.30 % Date: 4/30/2008
Return: 10.25 % Date: 3/31/2008
Return: -3.83 % Date: 2/29/2008
Return: -5.85 % Date: 1/31/2008
Return: 31.43 % Date: 12/31/2007
Return: -3.07 % Date: 11/30/2007
Return: 22.94 % Date: 10/31/2007
Return: -6.67 % Date: 9/30/2007
Return: -25.28 % Date: 8/31/2007
Return: 28.01 % Date: 7/31/2007
Return: -9.70 % Date: 6/30/2007
Return: -20.86 % Date: 5/31/2007
Return: 15.83 % Date: 4/30/2007
Return: 25.23 % Date: 3/31/2007
Return: 4.19 % Date: 2/28/2007
Return: 12.28 % Date: 1/31/2007
Return: 2.83 % Date: 12/31/2006
Return: -0.45 % Date: 11/30/2006
Return: 0.00 %
Note: All performance data is since program inception.

Distribution of Monthly Returns
Date Range: 11/06 - 03/17
Return: -8.00 %
Count: 2 Return: -5.00 %
Count: 3 Return: 7.00 %
Count: 2 Return: 15.00 %
Count: 1 Return: 5.00 %
Count: 2 Return: -2.00 %
Count: 10 Return: 6.00 %
Count: 4 Return: 9.00 %
Count: 1 Return: -1.00 %
Count: 10 Return: 1.00 %
Count: 18 Return: 2.00 %
Count: 11 Return: 10.00 %
Count: 2 Return: -4.00 %
Count: 4 Return: -6.00 %
Count: 2 Return: 31.00 %
Count: 1 Return: -3.00 %
Count: 5 Return: 23.00 %
Count: 1 Return: -7.00 %
Count: 1 Return: -25.00 %
Count: 1 Return: 28.00 %
Count: 1 Return: -10.00 %
Count: 1 Return: -21.00 %
Count: 1 Return: 16.00 %
Count: 1 Return: 25.00 %
Count: 1 Return: 4.00 %
Count: 5 Return: 12.00 %
Count: 3 Return: 3.00 %
Count: 11 Return: 0.00 %
Count: 20
Note: All performance data is since program inception.

Underwater Curve
Date Range: 11/06 - 03/17
Date: 3/31/2017
Drawdown: -2.49 % Date: 2/28/2017
Drawdown: -3.03 % Date: 1/31/2017
Drawdown: -3.14 % Date: 12/31/2016
Drawdown: -6.34 % Date: 11/30/2016
Drawdown: -5.16 % Date: 10/31/2016
Drawdown: -6.66 % Date: 9/30/2016
Drawdown: -7.09 % Date: 8/31/2016
Drawdown: -6.88 % Date: 7/31/2016
Drawdown: -6.78 % Date: 6/30/2016
Drawdown: -10.09 % Date: 5/31/2016
Drawdown: -12.59 % Date: 4/30/2016
Drawdown: -11.35 % Date: 3/31/2016
Drawdown: -11.45 % Date: 2/29/2016
Drawdown: -13.61 % Date: 1/31/2016
Drawdown: -12.42 % Date: 12/31/2015
Drawdown: -18.25 % Date: 11/30/2015
Drawdown: -16.06 % Date: 10/31/2015
Drawdown: -18.09 % Date: 9/30/2015
Drawdown: -16.66 % Date: 8/31/2015
Drawdown: -11.98 % Date: 7/31/2015
Drawdown: -13.20 % Date: 6/30/2015
Drawdown: -12.72 % Date: 5/31/2015
Drawdown: -12.52 % Date: 4/30/2015
Drawdown: -13.26 % Date: 3/31/2015
Drawdown: -18.42 % Date: 2/28/2015
Drawdown: -23.06 % Date: 1/31/2015
Drawdown: -21.51 % Date: 12/31/2014
Drawdown: -22.98 % Date: 11/30/2014
Drawdown: -15.86 % Date: 10/31/2014
Drawdown: -15.57 % Date: 9/30/2014
Drawdown: -16.84 % Date: 8/31/2014
Drawdown: -16.50 % Date: 7/31/2014
Drawdown: -15.15 % Date: 6/30/2014
Drawdown: -20.23 % Date: 5/31/2014
Drawdown: -19.47 % Date: 4/30/2014
Drawdown: -18.02 % Date: 3/31/2014
Drawdown: -20.54 % Date: 2/28/2014
Drawdown: -21.62 % Date: 1/31/2014
Drawdown: -21.32 % Date: 12/31/2013
Drawdown: -17.25 % Date: 11/30/2013
Drawdown: -18.49 % Date: 10/31/2013
Drawdown: -18.77 % Date: 9/30/2013
Drawdown: -18.78 % Date: 8/31/2013
Drawdown: -21.35 % Date: 7/31/2013
Drawdown: -22.43 % Date: 6/30/2013
Drawdown: -17.17 % Date: 5/31/2013
Drawdown: -13.53 % Date: 4/30/2013
Drawdown: -14.89 % Date: 3/31/2013
Drawdown: -15.28 % Date: 2/28/2013
Drawdown: -13.51 % Date: 1/31/2013
Drawdown: -13.97 % Date: 12/31/2012
Drawdown: -11.63 % Date: 11/30/2012
Drawdown: -11.87 % Date: 10/31/2012
Drawdown: -12.57 % Date: 9/30/2012
Drawdown: -13.79 % Date: 8/31/2012
Drawdown: -15.06 % Date: 7/31/2012
Drawdown: -14.48 % Date: 6/30/2012
Drawdown: -7.05 % Date: 5/31/2012
Drawdown: -4.61 % Date: 4/30/2012
Drawdown: -2.86 % Date: 3/31/2012
Drawdown: -7.69 % Date: 2/29/2012
Drawdown: -5.13 % Date: 1/31/2012
Drawdown: -0.65 % Date: 12/31/2011
Drawdown: 0.00 % Date: 11/30/2011
Drawdown: -0.38 % Date: 10/31/2011
Drawdown: 0.00 % Date: 9/30/2011
Drawdown: 0.00 % Date: 8/31/2011
Drawdown: -2.39 % Date: 7/31/2011
Drawdown: -0.46 % Date: 6/30/2011
Drawdown: 0.00 % Date: 5/31/2011
Drawdown: 0.00 % Date: 4/30/2011
Drawdown: 0.00 % Date: 3/31/2011
Drawdown: 0.00 % Date: 2/28/2011
Drawdown: -1.02 % Date: 1/31/2011
Drawdown: 0.00 % Date: 12/31/2010
Drawdown: -5.80 % Date: 11/30/2010
Drawdown: -4.24 % Date: 10/31/2010
Drawdown: -0.21 % Date: 9/30/2010
Drawdown: 0.00 % Date: 8/31/2010
Drawdown: 0.00 % Date: 7/31/2010
Drawdown: -1.86 % Date: 6/30/2010
Drawdown: -2.42 % Date: 5/31/2010
Drawdown: 0.00 % Date: 4/30/2010
Drawdown: 0.00 % Date: 3/31/2010
Drawdown: 0.00 % Date: 2/28/2010
Drawdown: 0.00 % Date: 1/31/2010
Drawdown: -3.67 % Date: 12/31/2009
Drawdown: -0.05 % Date: 11/30/2009
Drawdown: 0.00 % Date: 10/31/2009
Drawdown: 0.00 % Date: 9/30/2009
Drawdown: -0.55 % Date: 8/31/2009
Drawdown: 0.00 % Date: 7/31/2009
Drawdown: 0.00 % Date: 6/30/2009
Drawdown: 0.00 % Date: 5/31/2009
Drawdown: -1.93 % Date: 4/30/2009
Drawdown: 0.00 % Date: 3/31/2009
Drawdown: 0.00 % Date: 2/28/2009
Drawdown: 0.00 % Date: 1/31/2009
Drawdown: 0.00 % Date: 12/31/2008
Drawdown: 0.00 % Date: 11/30/2008
Drawdown: -1.29 % Date: 10/31/2008
Drawdown: 0.00 % Date: 9/30/2008
Drawdown: 0.00 % Date: 8/31/2008
Drawdown: 0.00 % Date: 7/31/2008
Drawdown: 0.00 % Date: 6/30/2008
Drawdown: 0.00 % Date: 5/31/2008
Drawdown: 0.00 % Date: 4/30/2008
Drawdown: -0.26 % Date: 3/31/2008
Drawdown: -9.53 % Date: 2/29/2008
Drawdown: -5.93 % Date: 1/31/2008
Drawdown: -0.08 % Date: 12/31/2007
Drawdown: -23.98 % Date: 11/30/2007
Drawdown: -21.57 % Date: 10/31/2007
Drawdown: -36.21 % Date: 9/30/2007
Drawdown: -31.65 % Date: 8/31/2007
Drawdown: -8.52 % Date: 7/31/2007
Drawdown: -28.54 % Date: 6/30/2007
Drawdown: -20.86 % Date: 5/31/2007
Drawdown: 0.00 % Date: 4/30/2007
Drawdown: 0.00 % Date: 3/31/2007
Drawdown: 0.00 % Date: 2/28/2007
Drawdown: 0.00 % Date: 1/31/2007
Drawdown: 0.00 % Date: 12/31/2006
Drawdown: -0.45 %
Note: All performance data is since program inception.
Notes to Performance

Manager Information
Manager Name:  Emil Van Essen, LLC
Address: 200 S Wacker Drive, suite 2400
City: Chicago
State: IL
Zip: 60606
Country: USA
Key People
Name:  Emil Van Essen
Position:  Principal
Biography: 

Emil van Essen is the CIO & CEO of EMIL VAN ESSEN LLC a registered CTA. Emil has more than 20 years of experience in the futures industry in both Canada and the U.S. Additionally, he has been a registered Commodity Trading Advisor since 1997. His positions in the futures industry have included being an Institutional Futures Specialist for Prudential Securities, Director of Quantitative Futures Analysis at REFCO Global Ltd. LLC, Chicago, and Director of Managed Futures for the Bank of Montreal in Toronto, Canada. At Bank of Montreal, Mr. van Essen established its managed futures operations and began testing and developing a Commodity Trading Advisor (CTA) selection model. Emil studied honors mathematics at the University of Waterloo in Waterloo, Ontario from 1983 to 1986. Emil left the University of Waterloo to accept a highly regarded position at Prudential Bache Securities where he became one of the youngest brokers to qualify for Vice-Presidency and to be accepted into Prudential's elite International Presidents Club. He holds a Series 3 license. Emil has been a member of Mensa, has won awards for achievement in mathematics, and has authored two books on systematic futures trading.


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.