Altegris Clearing Solutions Global Sigma Group, LLC Global Sigma Plus Program *QEP*
Monthly Performance (%)
Date Range: 10/09 - 04/17
  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec YTD
2017 0.95 0.82 0.80 0.80 3.41
2016 0.65 0.96 1.04 0.96 0.75 1.17 0.68 0.67 0.83 0.65 0.78 0.57 10.15
2015 1.13 0.96 1.15 0.85 1.44 1.33 1.03 -7.56 2.79 -7.00 1.04 1.26 -2.21
2014 1.06 1.65 1.39 0.70 0.89 0.74 -0.44 1.69 1.39 -0.12 1.75 1.93 13.35
2013 0.81 0.96 1.45 0.78 1.09 1.56 0.95 1.11 1.43 1.75 0.89 2.05 15.87
2012 1.27 1.38 1.75 1.31 1.76 0.12 -0.43 1.06 1.82 1.44 1.45 1.27 15.13
2011 1.48 1.44 1.63 1.20 1.99 1.22 2.42 -1.55 3.89 1.65 1.92 1.34 20.21
2010 2.26 1.68 1.24 1.15 3.04 2.13 1.33 0.98 2.51 1.55 1.81 1.43 23.25
2009 2.13 1.41 3.57
Note: Estimates appear in italics. All performance data is since program inception.
Strategy Description

Global Sigma Plus (GSP) is the program GSG currently offers. GSP mainly trades S&P 500 futures and options on futures contracts. The program typically will sell options on S&P 500 futures and sometimes will also hedge them with S&P 500 futures.

Performance Statistics
Date Range: 10/09 - 04/17
  Program SP500 TR Altegris 40
Total Return 158.48% 164.72% 8.01%
Annualized Return 13.50% 13.70% 1.02%
Annualized Std. Deviation 5.01% 12.33% 8.88%
Correlation -0.03 0.11
Sharpe Ratio (rf=2.5%) 2.20 0.91 -0.17
Worst Month -7.56% -7.99% -5.20%
Date of Worst Month 08/2015 05/2010 06/2015
Worst Drawdown -11.63% -16.26% -15.74%
Date of Worst Drawdown 7/15 - 10/15 4/11 - 9/11 4/11 - 9/13
Note: Estimates appear in italics. All performance data is since program inception.
Annual Performance (%)
Date Range: 10/09 - 04/17
Year or YTD Program SP500 TR Altegris 40
2017 3.41 7.17 -1.21
2016 10.15 11.98 -3.13
2015 -2.21 1.41 0.09
2014 13.35 13.69 15.75
2013 15.87 32.41 -2.45
2012 15.13 15.98 -4.75
2011 20.21 2.12 -3.23
2010 23.25 15.06 11.33
2009 3.57 8.05 -0.13
Note: Estimates appear in italics. All performance data is since program inception.
Performance Comparison
Date Range: 10/09 - 04/17
Date: 4/30/2017
Perf: $1,108.46 Date: 3/31/2017
Perf: $1,115.15 Date: 2/28/2017
Perf: $1,131.67 Date: 1/31/2017
Perf: $1,107.53 Date: 12/31/2016
Perf: $1,122.00 Date: 11/30/2016
Perf: $1,113.54 Date: 10/31/2016
Perf: $1,125.92 Date: 9/30/2016
Perf: $1,155.74 Date: 8/31/2016
Perf: $1,170.85 Date: 7/31/2016
Perf: $1,203.21 Date: 6/30/2016
Perf: $1,191.06 Date: 5/31/2016
Perf: $1,142.51 Date: 4/30/2016
Perf: $1,162.86 Date: 3/31/2016
Perf: $1,192.80 Date: 2/29/2016
Perf: $1,228.04 Date: 1/31/2016
Perf: $1,198.56 Date: 12/31/2015
Perf: $1,158.25 Date: 11/30/2015
Perf: $1,185.52 Date: 10/31/2015
Perf: $1,146.42 Date: 9/30/2015
Perf: $1,166.72 Date: 8/31/2015
Perf: $1,141.94 Date: 7/31/2015
Perf: $1,162.05 Date: 6/30/2015
Perf: $1,118.32 Date: 5/31/2015
Perf: $1,179.66 Date: 4/30/2015
Perf: $1,188.22 Date: 3/31/2015
Perf: $1,235.92 Date: 2/28/2015
Perf: $1,209.20 Date: 1/31/2015
Perf: $1,211.14 Date: 12/31/2014
Perf: $1,157.21 Date: 11/30/2014
Perf: $1,137.20 Date: 10/31/2014
Perf: $1,073.33 Date: 9/30/2014
Perf: $1,057.79 Date: 8/31/2014
Perf: $1,042.26 Date: 7/31/2014
Perf: $999.96 Date: 6/30/2014
Perf: $1,008.02 Date: 5/31/2014
Perf: $999.43 Date: 4/30/2014
Perf: $974.48 Date: 3/31/2014
Perf: $967.13 Date: 2/28/2014
Perf: $981.66 Date: 1/31/2014
Perf: $973.67 Date: 12/31/2013
Perf: $999.77 Date: 11/30/2013
Perf: $1,001.17 Date: 10/31/2013
Perf: $983.37 Date: 9/30/2013
Perf: $961.36 Date: 8/31/2013
Perf: $967.16 Date: 7/31/2013
Perf: $986.09 Date: 6/30/2013
Perf: $994.75 Date: 5/31/2013
Perf: $1,033.93 Date: 4/30/2013
Perf: $1,080.39 Date: 3/31/2013
Perf: $1,053.22 Date: 2/28/2013
Perf: $1,038.26 Date: 1/31/2013
Perf: $1,044.32 Date: 12/31/2012
Perf: $1,024.85 Date: 11/30/2012
Perf: $1,019.85 Date: 10/31/2012
Perf: $1,017.00 Date: 9/30/2012
Perf: $1,055.20 Date: 8/31/2012
Perf: $1,072.91 Date: 7/31/2012
Perf: $1,087.70 Date: 6/30/2012
Perf: $1,044.96 Date: 5/31/2012
Perf: $1,085.79 Date: 4/30/2012
Perf: $1,065.54 Date: 3/31/2012
Perf: $1,059.19 Date: 2/29/2012
Perf: $1,083.79 Date: 1/31/2012
Perf: $1,079.36 Date: 12/31/2011
Perf: $1,075.92 Date: 11/30/2011
Perf: $1,065.69 Date: 10/31/2011
Perf: $1,062.50 Date: 9/30/2011
Perf: $1,106.31 Date: 8/31/2011
Perf: $1,106.97 Date: 7/31/2011
Perf: $1,109.19 Date: 6/30/2011
Perf: $1,070.75 Date: 5/31/2011
Perf: $1,099.34 Date: 4/30/2011
Perf: $1,140.98 Date: 3/31/2011
Perf: $1,098.15 Date: 2/28/2011
Perf: $1,115.22 Date: 1/31/2011
Perf: $1,096.57 Date: 12/31/2010
Perf: $1,111.81 Date: 11/30/2010
Perf: $1,066.07 Date: 10/31/2010
Perf: $1,105.20 Date: 9/30/2010
Perf: $1,063.92 Date: 8/31/2010
Perf: $1,044.90 Date: 7/31/2010
Perf: $1,003.36 Date: 6/30/2010
Perf: $1,016.47 Date: 5/31/2010
Perf: $1,012.62 Date: 4/30/2010
Perf: $1,037.74 Date: 3/31/2010
Perf: $1,022.00 Date: 2/28/2010
Perf: $982.97 Date: 1/31/2010
Perf: $973.82 Date: 12/31/2009
Perf: $998.69 Date: 11/30/2009
Perf: $1,040.30 Date: 10/31/2009
Perf: $1,000.00 Date: 4/30/2017
Perf: $2,697.34 Date: 3/31/2017
Perf: $2,669.84 Date: 2/28/2017
Perf: $2,666.64 Date: 1/31/2017
Perf: $2,564.82 Date: 12/31/2016
Perf: $2,516.99 Date: 11/30/2016
Perf: $2,468.12 Date: 10/31/2016
Perf: $2,380.06 Date: 9/30/2016
Perf: $2,424.18 Date: 8/31/2016
Perf: $2,423.70 Date: 7/31/2016
Perf: $2,420.31 Date: 6/30/2016
Perf: $2,334.18 Date: 5/31/2016
Perf: $2,328.13 Date: 4/30/2016
Perf: $2,286.96 Date: 3/31/2016
Perf: $2,278.08 Date: 2/29/2016
Perf: $2,133.43 Date: 1/31/2016
Perf: $2,136.21 Date: 12/31/2015
Perf: $2,247.69 Date: 11/30/2015
Perf: $2,283.78 Date: 10/31/2015
Perf: $2,276.94 Date: 9/30/2015
Perf: $2,099.73 Date: 8/31/2015
Perf: $2,152.90 Date: 7/31/2015
Perf: $2,291.05 Date: 6/30/2015
Perf: $2,243.93 Date: 5/31/2015
Perf: $2,288.33 Date: 4/30/2015
Perf: $2,259.18 Date: 3/31/2015
Perf: $2,237.70 Date: 2/28/2015
Perf: $2,273.62 Date: 1/31/2015
Perf: $2,150.00 Date: 12/31/2014
Perf: $2,216.49 Date: 11/30/2014
Perf: $2,222.05 Date: 10/31/2014
Perf: $2,163.84 Date: 9/30/2014
Perf: $2,112.30 Date: 8/31/2014
Perf: $2,142.29 Date: 7/31/2014
Perf: $2,059.90 Date: 6/30/2014
Perf: $2,088.72 Date: 5/31/2014
Perf: $2,046.36 Date: 4/30/2014
Perf: $1,999.38 Date: 3/31/2014
Perf: $1,984.69 Date: 2/28/2014
Perf: $1,968.16 Date: 1/31/2014
Perf: $1,882.14 Date: 12/31/2013
Perf: $1,949.60 Date: 11/30/2013
Perf: $1,901.49 Date: 10/31/2013
Perf: $1,845.21 Date: 9/30/2013
Perf: $1,764.07 Date: 8/31/2013
Perf: $1,710.36 Date: 7/31/2013
Perf: $1,761.44 Date: 6/30/2013
Perf: $1,676.13 Date: 5/31/2013
Perf: $1,698.89 Date: 4/30/2013
Perf: $1,660.05 Date: 3/31/2013
Perf: $1,628.62 Date: 2/28/2013
Perf: $1,569.75 Date: 1/31/2013
Perf: $1,548.69 Date: 12/31/2012
Perf: $1,472.42 Date: 11/30/2012
Perf: $1,459.14 Date: 10/31/2012
Perf: $1,450.72 Date: 9/30/2012
Perf: $1,478.07 Date: 8/31/2012
Perf: $1,440.89 Date: 7/31/2012
Perf: $1,409.19 Date: 6/30/2012
Perf: $1,389.87 Date: 5/31/2012
Perf: $1,334.87 Date: 4/30/2012
Perf: $1,420.23 Date: 3/31/2012
Perf: $1,429.23 Date: 2/29/2012
Perf: $1,383.71 Date: 1/31/2012
Perf: $1,326.41 Date: 12/31/2011
Perf: $1,269.53 Date: 11/30/2011
Perf: $1,256.71 Date: 10/31/2011
Perf: $1,259.48 Date: 9/30/2011
Perf: $1,135.39 Date: 8/31/2011
Perf: $1,221.24 Date: 7/31/2011
Perf: $1,291.36 Date: 6/30/2011
Perf: $1,318.12 Date: 5/31/2011
Perf: $1,340.50 Date: 4/30/2011
Perf: $1,355.82 Date: 3/31/2011
Perf: $1,316.85 Date: 2/28/2011
Perf: $1,316.32 Date: 1/31/2011
Perf: $1,272.67 Date: 12/31/2010
Perf: $1,243.20 Date: 11/30/2010
Perf: $1,165.36 Date: 10/31/2010
Perf: $1,165.24 Date: 9/30/2010
Perf: $1,122.47 Date: 8/31/2010
Perf: $1,030.55 Date: 7/31/2010
Perf: $1,079.22 Date: 6/30/2010
Perf: $1,008.52 Date: 5/31/2010
Perf: $1,064.18 Date: 4/30/2010
Perf: $1,156.59 Date: 3/31/2010
Perf: $1,138.60 Date: 2/28/2010
Perf: $1,073.85 Date: 1/31/2010
Perf: $1,041.56 Date: 12/31/2009
Perf: $1,080.46 Date: 11/30/2009
Perf: $1,060.00 Date: 10/31/2009
Perf: $1,000.00 Date: 4/30/2017
Perf: $2,584.85 Date: 3/31/2017
Perf: $2,564.33 Date: 2/28/2017
Perf: $2,543.98 Date: 1/31/2017
Perf: $2,523.29 Date: 12/31/2016
Perf: $2,499.55 Date: 11/30/2016
Perf: $2,485.38 Date: 10/31/2016
Perf: $2,466.14 Date: 9/30/2016
Perf: $2,450.22 Date: 8/31/2016
Perf: $2,430.05 Date: 7/31/2016
Perf: $2,413.87 Date: 6/30/2016
Perf: $2,397.57 Date: 5/31/2016
Perf: $2,369.84 Date: 4/30/2016
Perf: $2,352.20 Date: 3/31/2016
Perf: $2,329.84 Date: 2/29/2016
Perf: $2,305.85 Date: 1/31/2016
Perf: $2,283.93 Date: 12/31/2015
Perf: $2,269.18 Date: 11/30/2015
Perf: $2,240.94 Date: 10/31/2015
Perf: $2,217.88 Date: 9/30/2015
Perf: $2,384.81 Date: 8/31/2015
Perf: $2,320.08 Date: 7/31/2015
Perf: $2,509.83 Date: 6/30/2015
Perf: $2,484.24 Date: 5/31/2015
Perf: $2,451.63 Date: 4/30/2015
Perf: $2,416.83 Date: 3/31/2015
Perf: $2,396.46 Date: 2/28/2015
Perf: $2,369.21 Date: 1/31/2015
Perf: $2,346.69 Date: 12/31/2014
Perf: $2,320.47 Date: 11/30/2014
Perf: $2,276.53 Date: 10/31/2014
Perf: $2,237.37 Date: 9/30/2014
Perf: $2,240.06 Date: 8/31/2014
Perf: $2,209.35 Date: 7/31/2014
Perf: $2,172.63 Date: 6/30/2014
Perf: $2,182.24 Date: 5/31/2014
Perf: $2,166.21 Date: 4/30/2014
Perf: $2,147.10 Date: 3/31/2014
Perf: $2,132.17 Date: 2/28/2014
Perf: $2,102.94 Date: 1/31/2014
Perf: $2,068.81 Date: 12/31/2013
Perf: $2,047.11 Date: 11/30/2013
Perf: $2,005.98 Date: 10/31/2013
Perf: $1,988.29 Date: 9/30/2013
Perf: $1,954.09 Date: 8/31/2013
Perf: $1,926.54 Date: 7/31/2013
Perf: $1,905.39 Date: 6/30/2013
Perf: $1,887.46 Date: 5/31/2013
Perf: $1,858.47 Date: 4/30/2013
Perf: $1,838.43 Date: 3/31/2013
Perf: $1,824.20 Date: 2/28/2013
Perf: $1,798.13 Date: 1/31/2013
Perf: $1,781.03 Date: 12/31/2012
Perf: $1,766.72 Date: 11/30/2012
Perf: $1,744.56 Date: 10/31/2012
Perf: $1,719.63 Date: 9/30/2012
Perf: $1,695.22 Date: 8/31/2012
Perf: $1,664.92 Date: 7/31/2012
Perf: $1,647.45 Date: 6/30/2012
Perf: $1,654.57 Date: 5/31/2012
Perf: $1,652.59 Date: 4/30/2012
Perf: $1,624.00 Date: 3/31/2012
Perf: $1,603.00 Date: 2/29/2012
Perf: $1,575.43 Date: 1/31/2012
Perf: $1,553.99 Date: 12/31/2011
Perf: $1,534.50 Date: 11/30/2011
Perf: $1,514.21 Date: 10/31/2011
Perf: $1,485.69 Date: 9/30/2011
Perf: $1,461.57 Date: 8/31/2011
Perf: $1,406.84 Date: 7/31/2011
Perf: $1,428.99 Date: 6/30/2011
Perf: $1,395.23 Date: 5/31/2011
Perf: $1,378.41 Date: 4/30/2011
Perf: $1,351.52 Date: 3/31/2011
Perf: $1,335.49 Date: 2/28/2011
Perf: $1,314.07 Date: 1/31/2011
Perf: $1,295.42 Date: 12/31/2010
Perf: $1,276.52 Date: 11/30/2010
Perf: $1,258.53 Date: 10/31/2010
Perf: $1,236.15 Date: 9/30/2010
Perf: $1,217.29 Date: 8/31/2010
Perf: $1,187.48 Date: 7/31/2010
Perf: $1,175.96 Date: 6/30/2010
Perf: $1,160.52 Date: 5/31/2010
Perf: $1,136.32 Date: 4/30/2010
Perf: $1,102.79 Date: 3/31/2010
Perf: $1,090.25 Date: 2/28/2010
Perf: $1,076.90 Date: 1/31/2010
Perf: $1,059.11 Date: 12/31/2009
Perf: $1,035.70 Date: 11/30/2009
Perf: $1,021.30 Date: 10/31/2009
Perf: $1,000.00
Note: All performance data is since program inception.

Monthly Returns
Date Range: 10/09 - 04/17
Date: 4/30/2017
Return: 0.80 % Date: 3/31/2017
Return: 0.80 % Date: 2/28/2017
Return: 0.82 % Date: 1/31/2017
Return: 0.95 % Date: 12/31/2016
Return: 0.57 % Date: 11/30/2016
Return: 0.78 % Date: 10/31/2016
Return: 0.65 % Date: 9/30/2016
Return: 0.83 % Date: 8/31/2016
Return: 0.67 % Date: 7/31/2016
Return: 0.68 % Date: 6/30/2016
Return: 1.17 % Date: 5/31/2016
Return: 0.75 % Date: 4/30/2016
Return: 0.96 % Date: 3/31/2016
Return: 1.04 % Date: 2/29/2016
Return: 0.96 % Date: 1/31/2016
Return: 0.65 % Date: 12/31/2015
Return: 1.26 % Date: 11/30/2015
Return: 1.04 % Date: 10/31/2015
Return: -7.00 % Date: 9/30/2015
Return: 2.79 % Date: 8/31/2015
Return: -7.56 % Date: 7/31/2015
Return: 1.03 % Date: 6/30/2015
Return: 1.33 % Date: 5/31/2015
Return: 1.44 % Date: 4/30/2015
Return: 0.85 % Date: 3/31/2015
Return: 1.15 % Date: 2/28/2015
Return: 0.96 % Date: 1/31/2015
Return: 1.13 % Date: 12/31/2014
Return: 1.93 % Date: 11/30/2014
Return: 1.75 % Date: 10/31/2014
Return: -0.12 % Date: 9/30/2014
Return: 1.39 % Date: 8/31/2014
Return: 1.69 % Date: 7/31/2014
Return: -0.44 % Date: 6/30/2014
Return: 0.74 % Date: 5/31/2014
Return: 0.89 % Date: 4/30/2014
Return: 0.70 % Date: 3/31/2014
Return: 1.39 % Date: 2/28/2014
Return: 1.65 % Date: 1/31/2014
Return: 1.06 % Date: 12/31/2013
Return: 2.05 % Date: 11/30/2013
Return: 0.89 % Date: 10/31/2013
Return: 1.75 % Date: 9/30/2013
Return: 1.43 % Date: 8/31/2013
Return: 1.11 % Date: 7/31/2013
Return: 0.95 % Date: 6/30/2013
Return: 1.56 % Date: 5/31/2013
Return: 1.09 % Date: 4/30/2013
Return: 0.78 % Date: 3/31/2013
Return: 1.45 % Date: 2/28/2013
Return: 0.96 % Date: 1/31/2013
Return: 0.81 % Date: 12/31/2012
Return: 1.27 % Date: 11/30/2012
Return: 1.45 % Date: 10/31/2012
Return: 1.44 % Date: 9/30/2012
Return: 1.82 % Date: 8/31/2012
Return: 1.06 % Date: 7/31/2012
Return: -0.43 % Date: 6/30/2012
Return: 0.12 % Date: 5/31/2012
Return: 1.76 % Date: 4/30/2012
Return: 1.31 % Date: 3/31/2012
Return: 1.75 % Date: 2/29/2012
Return: 1.38 % Date: 1/31/2012
Return: 1.27 % Date: 12/31/2011
Return: 1.34 % Date: 11/30/2011
Return: 1.92 % Date: 10/31/2011
Return: 1.65 % Date: 9/30/2011
Return: 3.89 % Date: 8/31/2011
Return: -1.55 % Date: 7/31/2011
Return: 2.42 % Date: 6/30/2011
Return: 1.22 % Date: 5/31/2011
Return: 1.99 % Date: 4/30/2011
Return: 1.20 % Date: 3/31/2011
Return: 1.63 % Date: 2/28/2011
Return: 1.44 % Date: 1/31/2011
Return: 1.48 % Date: 12/31/2010
Return: 1.43 % Date: 11/30/2010
Return: 1.81 % Date: 10/31/2010
Return: 1.55 % Date: 9/30/2010
Return: 2.51 % Date: 8/31/2010
Return: 0.98 % Date: 7/31/2010
Return: 1.33 % Date: 6/30/2010
Return: 2.13 % Date: 5/31/2010
Return: 3.04 % Date: 4/30/2010
Return: 1.15 % Date: 3/31/2010
Return: 1.24 % Date: 2/28/2010
Return: 1.68 % Date: 1/31/2010
Return: 2.26 % Date: 12/31/2009
Return: 1.41 % Date: 11/30/2009
Return: 2.13 % Date: 10/31/2009
Return: 0.00 %
Note: All performance data is since program inception.

Distribution of Monthly Returns
Date Range: 10/09 - 04/17
Return: -7.00 %
Count: 1 Return: -8.00 %
Count: 1 Return: 4.00 %
Count: 1 Return: -2.00 %
Count: 1 Return: 3.00 %
Count: 3 Return: 1.00 %
Count: 58 Return: 2.00 %
Count: 21 Return: 0.00 %
Count: 5
Note: All performance data is since program inception.

Underwater Curve
Date Range: 10/09 - 04/17
Date: 4/30/2017
Drawdown: 0.00 % Date: 3/31/2017
Drawdown: 0.00 % Date: 2/28/2017
Drawdown: 0.00 % Date: 1/31/2017
Drawdown: 0.00 % Date: 12/31/2016
Drawdown: -0.41 % Date: 11/30/2016
Drawdown: -0.97 % Date: 10/31/2016
Drawdown: -1.74 % Date: 9/30/2016
Drawdown: -2.38 % Date: 8/31/2016
Drawdown: -3.18 % Date: 7/31/2016
Drawdown: -3.82 % Date: 6/30/2016
Drawdown: -4.47 % Date: 5/31/2016
Drawdown: -5.58 % Date: 4/30/2016
Drawdown: -6.28 % Date: 3/31/2016
Drawdown: -7.17 % Date: 2/29/2016
Drawdown: -8.13 % Date: 1/31/2016
Drawdown: -9.00 % Date: 12/31/2015
Drawdown: -9.59 % Date: 11/30/2015
Drawdown: -10.71 % Date: 10/31/2015
Drawdown: -11.63 % Date: 9/30/2015
Drawdown: -4.98 % Date: 8/31/2015
Drawdown: -7.56 % Date: 7/31/2015
Drawdown: 0.00 % Date: 6/30/2015
Drawdown: 0.00 % Date: 5/31/2015
Drawdown: 0.00 % Date: 4/30/2015
Drawdown: 0.00 % Date: 3/31/2015
Drawdown: 0.00 % Date: 2/28/2015
Drawdown: 0.00 % Date: 1/31/2015
Drawdown: 0.00 % Date: 12/31/2014
Drawdown: 0.00 % Date: 11/30/2014
Drawdown: 0.00 % Date: 10/31/2014
Drawdown: -0.12 % Date: 9/30/2014
Drawdown: 0.00 % Date: 8/31/2014
Drawdown: 0.00 % Date: 7/31/2014
Drawdown: -0.44 % Date: 6/30/2014
Drawdown: 0.00 % Date: 5/31/2014
Drawdown: 0.00 % Date: 4/30/2014
Drawdown: 0.00 % Date: 3/31/2014
Drawdown: 0.00 % Date: 2/28/2014
Drawdown: 0.00 % Date: 1/31/2014
Drawdown: 0.00 % Date: 12/31/2013
Drawdown: 0.00 % Date: 11/30/2013
Drawdown: 0.00 % Date: 10/31/2013
Drawdown: 0.00 % Date: 9/30/2013
Drawdown: 0.00 % Date: 8/31/2013
Drawdown: 0.00 % Date: 7/31/2013
Drawdown: 0.00 % Date: 6/30/2013
Drawdown: 0.00 % Date: 5/31/2013
Drawdown: 0.00 % Date: 4/30/2013
Drawdown: 0.00 % Date: 3/31/2013
Drawdown: 0.00 % Date: 2/28/2013
Drawdown: 0.00 % Date: 1/31/2013
Drawdown: 0.00 % Date: 12/31/2012
Drawdown: 0.00 % Date: 11/30/2012
Drawdown: 0.00 % Date: 10/31/2012
Drawdown: 0.00 % Date: 9/30/2012
Drawdown: 0.00 % Date: 8/31/2012
Drawdown: 0.00 % Date: 7/31/2012
Drawdown: -0.43 % Date: 6/30/2012
Drawdown: 0.00 % Date: 5/31/2012
Drawdown: 0.00 % Date: 4/30/2012
Drawdown: 0.00 % Date: 3/31/2012
Drawdown: 0.00 % Date: 2/29/2012
Drawdown: 0.00 % Date: 1/31/2012
Drawdown: 0.00 % Date: 12/31/2011
Drawdown: 0.00 % Date: 11/30/2011
Drawdown: 0.00 % Date: 10/31/2011
Drawdown: 0.00 % Date: 9/30/2011
Drawdown: 0.00 % Date: 8/31/2011
Drawdown: -1.55 % Date: 7/31/2011
Drawdown: 0.00 % 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: 0.00 % Date: 1/31/2011
Drawdown: 0.00 % Date: 12/31/2010
Drawdown: 0.00 % Date: 11/30/2010
Drawdown: 0.00 % Date: 10/31/2010
Drawdown: 0.00 % Date: 9/30/2010
Drawdown: 0.00 % Date: 8/31/2010
Drawdown: 0.00 % Date: 7/31/2010
Drawdown: 0.00 % Date: 6/30/2010
Drawdown: 0.00 % 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: 0.00 % Date: 12/31/2009
Drawdown: 0.00 % Date: 11/30/2009
Drawdown: 0.00 %
Note: All performance data is since program inception.
Notes to Performance

Manager Information
Manager Name:  Global Sigma Group, LLC
Address: 1900 Glades Road, Suite 430
City: Boca Raton
State: FL
Zip: 33431
Country: USA
Key People
Name:  Hanming Rao
Position:  Principal
Biography: 

Hanming Rao is GSG’s sole investment manager and has 11 years’ experiences in trading financial markets using proprietary models that he has developed. Mr. Rao became registered as a principal and an associated person of GSG on March 3, 2010. Dr. Rao started his financial career as a research quant at Ellington Management Group in Old Greenwich, Connecticut in early 2005. In 2006 Dr. Rao joined SAC capital management in New York, NY as a global macro trader/analyst. He mainly focused on trading liquid assets including currency, interest rate swap, global equity index / ETF, commodity, commodity related ETF and options on all those markets. In 2008, Dr. Rao took an asset management roll at SAC’s headquarter in Stamford, Connecticut. He was in charged of managing SAC’s legacy assets including Foreign Bond, Junk Bond, Convertible Bond, Government CDS, Corporate CDS, Loan CDS, High Yield Bond, High Yield Index, etc. In early 2009 Dr. Rao joined Millennium Partners at New York, NY as a vice president. His responsibility was to develop statistical models in ETF and Futures market. In December 2009, Dr. Rao founded GSG to provide investment management to outside clients. Currently he is constantly seeking new opportunities in the financial market in order to improve the existing prediction, trading and risk models. Dr. Rao received his BS in Electronic Engineering from Tsinghua University, Beijing, China in July 1997, his MS in Computer Sciences and PhD in Engineering Sciences both from Harvard Universities, Cambridge, MA in June 1998 and March 2005 respectively. Dr. Rao’s PhD thesis is Theory and Implementation of a Truly Random Number Generator. He designed an algorithm and built a hardware device to extract randomness from Po-210, a radioactive material that emits alpha particles. He had a related pending invention patent. Dr. Rao ranked 17th in the China Olympiad Physics Competition in 1991. He won best experiment prize and 2nd place overall in Guangdong Province Olympiad Physics Competition in 1991.


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.