Altegris Clearing Solutions Brandywine Asset Management, Inc. Brandywine Symphony Preferred Program *QEP*
Monthly Performance (%)
Date Range: 06/11 - 05/17
  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec YTD
2017 10.55 13.68 -8.00 -6.95 1.28 8.96
2016 2.59 -0.04 8.96 45.16 -5.93 7.70 -5.22 -22.22 -0.16 -5.22 -1.98 21.37 36.38
2015 -2.07 10.76 -1.98 10.16 -0.47 -6.35 -20.36 0.40 -5.47 -2.07 -33.77 -11.39 -52.58
2014 0.12 20.09 5.13 3.36 3.22 -0.04 -5.35 13.85 -19.76 -9.65 -7.02 -6.25 -8.20
2013 13.32 -4.02 9.26 -0.35 -10.56 -5.85 -12.22 0.57 15.39 11.27 1.03 -0.67 13.43
2012 1.48 8.27 -12.14 -0.07 -9.20 3.32 16.13 -2.36 -1.91 -5.69 0.55 4.83 0.06
2011 4.34 11.72 12.33 -2.01 2.47 4.86 37.87
Note: Estimates appear in italics. All performance data is since program inception.
Strategy Description

Brandywine Symphony Preferred Fund follows a return driver based methodology that incorporates multiple fundamentally-based trading strategies in a systematic, diversified portfolio that trades across more than 100 global financial and commodity markets. BSPF is aggressively-traded at 3x the standard risk level of Brandywine’s Symphony Program. Because of its unique trading methodology, BSPF produces returns that are uncorrelated to stocks, bonds, hedge funds and CTAs.

Performance Statistics
Date Range: 06/11 - 05/17
  Program SP500 TR Altegris 40
Total Return 1.22% 104.06% 1.02%
Annualized Return 0.21% 12.62% 0.17%
Annualized Std. Deviation 38.49% 11.28% 8.42%
Correlation 0.13 0.04
Sharpe Ratio (rf=2.5%) -0.06 0.90 -0.28
Worst Month -33.77% -7.03% -5.20%
Date of Worst Month 11/2015 09/2011 06/2015
Worst Drawdown -70.03% -15.30% -13.33%
Date of Worst Drawdown 8/14 - 12/15 6/11 - 9/11 7/11 - 9/13
Note: Estimates appear in italics. All performance data is since program inception.
Annual Performance (%)
Date Range: 06/11 - 05/17
Year or YTD Program SP500 TR Altegris 40
2017 8.96 8.68 -1.02
2016 36.38 11.98 -3.13
2015 -52.58 1.41 0.09
2014 -8.20 13.69 15.75
2013 13.43 32.41 -2.45
2012 0.06 15.98 -4.75
2011 37.87 -3.69 0.48
Note: Estimates appear in italics. All performance data is since program inception.
Performance Comparison
Date Range: 06/11 - 05/17
Date: 5/31/2017
Perf: $1,037.18 Date: 4/30/2017
Perf: $1,035.21 Date: 3/31/2017
Perf: $1,041.46 Date: 2/28/2017
Perf: $1,056.89 Date: 1/31/2017
Perf: $1,034.34 Date: 12/31/2016
Perf: $1,047.86 Date: 11/30/2016
Perf: $1,039.96 Date: 10/31/2016
Perf: $1,051.52 Date: 9/30/2016
Perf: $1,079.37 Date: 8/31/2016
Perf: $1,093.48 Date: 7/31/2016
Perf: $1,123.71 Date: 6/30/2016
Perf: $1,112.36 Date: 5/31/2016
Perf: $1,067.01 Date: 4/30/2016
Perf: $1,086.02 Date: 3/31/2016
Perf: $1,113.98 Date: 2/29/2016
Perf: $1,146.89 Date: 1/31/2016
Perf: $1,119.36 Date: 12/31/2015
Perf: $1,081.71 Date: 11/30/2015
Perf: $1,107.18 Date: 10/31/2015
Perf: $1,070.67 Date: 9/30/2015
Perf: $1,089.63 Date: 8/31/2015
Perf: $1,066.49 Date: 7/31/2015
Perf: $1,085.26 Date: 6/30/2015
Perf: $1,044.42 Date: 5/31/2015
Perf: $1,101.71 Date: 4/30/2015
Perf: $1,109.70 Date: 3/31/2015
Perf: $1,154.26 Date: 2/28/2015
Perf: $1,129.30 Date: 1/31/2015
Perf: $1,131.11 Date: 12/31/2014
Perf: $1,080.75 Date: 11/30/2014
Perf: $1,062.05 Date: 10/31/2014
Perf: $1,002.41 Date: 9/30/2014
Perf: $987.89 Date: 8/31/2014
Perf: $973.39 Date: 7/31/2014
Perf: $933.88 Date: 6/30/2014
Perf: $941.41 Date: 5/31/2014
Perf: $933.39 Date: 4/30/2014
Perf: $910.09 Date: 3/31/2014
Perf: $903.22 Date: 2/28/2014
Perf: $916.79 Date: 1/31/2014
Perf: $909.34 Date: 12/31/2013
Perf: $933.71 Date: 11/30/2013
Perf: $935.01 Date: 10/31/2013
Perf: $918.39 Date: 9/30/2013
Perf: $897.83 Date: 8/31/2013
Perf: $903.25 Date: 7/31/2013
Perf: $920.93 Date: 6/30/2013
Perf: $929.02 Date: 5/31/2013
Perf: $965.61 Date: 4/30/2013
Perf: $1,009.00 Date: 3/31/2013
Perf: $983.62 Date: 2/28/2013
Perf: $969.66 Date: 1/31/2013
Perf: $975.32 Date: 12/31/2012
Perf: $957.13 Date: 11/30/2012
Perf: $952.46 Date: 10/31/2012
Perf: $949.80 Date: 9/30/2012
Perf: $985.48 Date: 8/31/2012
Perf: $1,002.01 Date: 7/31/2012
Perf: $1,015.83 Date: 6/30/2012
Perf: $975.91 Date: 5/31/2012
Perf: $1,014.04 Date: 4/30/2012
Perf: $995.13 Date: 3/31/2012
Perf: $989.20 Date: 2/29/2012
Perf: $1,012.17 Date: 1/31/2012
Perf: $1,008.04 Date: 12/31/2011
Perf: $1,004.82 Date: 11/30/2011
Perf: $995.27 Date: 10/31/2011
Perf: $992.29 Date: 9/30/2011
Perf: $1,033.21 Date: 8/31/2011
Perf: $1,033.83 Date: 7/31/2011
Perf: $1,035.90 Date: 6/30/2011
Perf: $1,000.00 Date: 5/31/2017
Perf: $2,075.21 Date: 4/30/2017
Perf: $2,046.36 Date: 3/31/2017
Perf: $2,025.50 Date: 2/28/2017
Perf: $2,023.07 Date: 1/31/2017
Perf: $1,945.82 Date: 12/31/2016
Perf: $1,909.54 Date: 11/30/2016
Perf: $1,872.46 Date: 10/31/2016
Perf: $1,805.65 Date: 9/30/2016
Perf: $1,839.13 Date: 8/31/2016
Perf: $1,838.76 Date: 7/31/2016
Perf: $1,836.19 Date: 6/30/2016
Perf: $1,770.84 Date: 5/31/2016
Perf: $1,766.25 Date: 4/30/2016
Perf: $1,735.02 Date: 3/31/2016
Perf: $1,728.28 Date: 2/29/2016
Perf: $1,618.54 Date: 1/31/2016
Perf: $1,620.65 Date: 12/31/2015
Perf: $1,705.23 Date: 11/30/2015
Perf: $1,732.60 Date: 10/31/2015
Perf: $1,727.42 Date: 9/30/2015
Perf: $1,592.97 Date: 8/31/2015
Perf: $1,633.32 Date: 7/31/2015
Perf: $1,738.13 Date: 6/30/2015
Perf: $1,702.38 Date: 5/31/2015
Perf: $1,736.06 Date: 4/30/2015
Perf: $1,713.95 Date: 3/31/2015
Perf: $1,697.65 Date: 2/28/2015
Perf: $1,724.90 Date: 1/31/2015
Perf: $1,631.11 Date: 12/31/2014
Perf: $1,681.56 Date: 11/30/2014
Perf: $1,685.77 Date: 10/31/2014
Perf: $1,641.62 Date: 9/30/2014
Perf: $1,602.51 Date: 8/31/2014
Perf: $1,625.27 Date: 7/31/2014
Perf: $1,562.76 Date: 6/30/2014
Perf: $1,584.63 Date: 5/31/2014
Perf: $1,552.49 Date: 4/30/2014
Perf: $1,516.84 Date: 3/31/2014
Perf: $1,505.70 Date: 2/28/2014
Perf: $1,493.16 Date: 1/31/2014
Perf: $1,427.90 Date: 12/31/2013
Perf: $1,479.08 Date: 11/30/2013
Perf: $1,442.58 Date: 10/31/2013
Perf: $1,399.89 Date: 9/30/2013
Perf: $1,338.32 Date: 8/31/2013
Perf: $1,297.58 Date: 7/31/2013
Perf: $1,336.33 Date: 6/30/2013
Perf: $1,271.61 Date: 5/31/2013
Perf: $1,288.88 Date: 4/30/2013
Perf: $1,259.41 Date: 3/31/2013
Perf: $1,235.56 Date: 2/28/2013
Perf: $1,190.90 Date: 1/31/2013
Perf: $1,174.92 Date: 12/31/2012
Perf: $1,117.06 Date: 11/30/2012
Perf: $1,106.99 Date: 10/31/2012
Perf: $1,100.60 Date: 9/30/2012
Perf: $1,121.35 Date: 8/31/2012
Perf: $1,093.14 Date: 7/31/2012
Perf: $1,069.09 Date: 6/30/2012
Perf: $1,054.43 Date: 5/31/2012
Perf: $1,012.71 Date: 4/30/2012
Perf: $1,077.47 Date: 3/31/2012
Perf: $1,084.30 Date: 2/29/2012
Perf: $1,049.76 Date: 1/31/2012
Perf: $1,006.29 Date: 12/31/2011
Perf: $963.14 Date: 11/30/2011
Perf: $953.41 Date: 10/31/2011
Perf: $955.52 Date: 9/30/2011
Perf: $861.37 Date: 8/31/2011
Perf: $926.50 Date: 7/31/2011
Perf: $979.70 Date: 6/30/2011
Perf: $1,000.00 Date: 5/31/2017
Perf: $1,012.24 Date: 4/30/2017
Perf: $999.45 Date: 3/31/2017
Perf: $1,074.10 Date: 2/28/2017
Perf: $1,167.50 Date: 1/31/2017
Perf: $1,027.01 Date: 12/31/2016
Perf: $929.00 Date: 11/30/2016
Perf: $765.43 Date: 10/31/2016
Perf: $780.89 Date: 9/30/2016
Perf: $823.90 Date: 8/31/2016
Perf: $825.22 Date: 7/31/2016
Perf: $1,060.96 Date: 6/30/2016
Perf: $1,119.39 Date: 5/31/2016
Perf: $1,039.36 Date: 4/30/2016
Perf: $1,104.88 Date: 3/31/2016
Perf: $761.15 Date: 2/29/2016
Perf: $698.56 Date: 1/31/2016
Perf: $698.84 Date: 12/31/2015
Perf: $681.19 Date: 11/30/2015
Perf: $768.75 Date: 10/31/2015
Perf: $1,160.74 Date: 9/30/2015
Perf: $1,185.27 Date: 8/31/2015
Perf: $1,253.86 Date: 7/31/2015
Perf: $1,248.86 Date: 6/30/2015
Perf: $1,568.13 Date: 5/31/2015
Perf: $1,674.46 Date: 4/30/2015
Perf: $1,682.37 Date: 3/31/2015
Perf: $1,527.20 Date: 2/28/2015
Perf: $1,558.05 Date: 1/31/2015
Perf: $1,406.69 Date: 12/31/2014
Perf: $1,436.43 Date: 11/30/2014
Perf: $1,532.19 Date: 10/31/2014
Perf: $1,647.87 Date: 9/30/2014
Perf: $1,823.87 Date: 8/31/2014
Perf: $2,273.02 Date: 7/31/2014
Perf: $1,996.51 Date: 6/30/2014
Perf: $2,109.36 Date: 5/31/2014
Perf: $2,110.20 Date: 4/30/2014
Perf: $2,044.37 Date: 3/31/2014
Perf: $1,977.91 Date: 2/28/2014
Perf: $1,881.40 Date: 1/31/2014
Perf: $1,566.66 Date: 12/31/2013
Perf: $1,564.78 Date: 11/30/2013
Perf: $1,575.33 Date: 10/31/2013
Perf: $1,559.27 Date: 9/30/2013
Perf: $1,401.34 Date: 8/31/2013
Perf: $1,214.44 Date: 7/31/2013
Perf: $1,207.56 Date: 6/30/2013
Perf: $1,375.66 Date: 5/31/2013
Perf: $1,461.14 Date: 4/30/2013
Perf: $1,633.65 Date: 3/31/2013
Perf: $1,639.39 Date: 2/28/2013
Perf: $1,500.45 Date: 1/31/2013
Perf: $1,563.29 Date: 12/31/2012
Perf: $1,379.54 Date: 11/30/2012
Perf: $1,315.98 Date: 10/31/2012
Perf: $1,308.78 Date: 9/30/2012
Perf: $1,387.74 Date: 8/31/2012
Perf: $1,414.76 Date: 7/31/2012
Perf: $1,448.96 Date: 6/30/2012
Perf: $1,247.70 Date: 5/31/2012
Perf: $1,207.61 Date: 4/30/2012
Perf: $1,329.97 Date: 3/31/2012
Perf: $1,330.90 Date: 2/29/2012
Perf: $1,514.80 Date: 1/31/2012
Perf: $1,399.09 Date: 12/31/2011
Perf: $1,378.69 Date: 11/30/2011
Perf: $1,314.79 Date: 10/31/2011
Perf: $1,283.10 Date: 9/30/2011
Perf: $1,309.42 Date: 8/31/2011
Perf: $1,165.69 Date: 7/31/2011
Perf: $1,043.40 Date: 6/30/2011
Perf: $1,000.00
Note: All performance data is since program inception.

Monthly Returns
Date Range: 06/11 - 05/17
Date: 5/31/2017
Return: 1.28 % Date: 4/30/2017
Return: -6.95 % Date: 3/31/2017
Return: -8.00 % Date: 2/28/2017
Return: 13.68 % Date: 1/31/2017
Return: 10.55 % Date: 12/31/2016
Return: 21.37 % Date: 11/30/2016
Return: -1.98 % Date: 10/31/2016
Return: -5.22 % Date: 9/30/2016
Return: -0.16 % Date: 8/31/2016
Return: -22.22 % Date: 7/31/2016
Return: -5.22 % Date: 6/30/2016
Return: 7.70 % Date: 5/31/2016
Return: -5.93 % Date: 4/30/2016
Return: 45.16 % Date: 3/31/2016
Return: 8.96 % Date: 2/29/2016
Return: -0.04 % Date: 1/31/2016
Return: 2.59 % Date: 12/31/2015
Return: -11.39 % Date: 11/30/2015
Return: -33.77 % Date: 10/31/2015
Return: -2.07 % Date: 9/30/2015
Return: -5.47 % Date: 8/31/2015
Return: 0.40 % Date: 7/31/2015
Return: -20.36 % Date: 6/30/2015
Return: -6.35 % Date: 5/31/2015
Return: -0.47 % Date: 4/30/2015
Return: 10.16 % Date: 3/31/2015
Return: -1.98 % Date: 2/28/2015
Return: 10.76 % Date: 1/31/2015
Return: -2.07 % Date: 12/31/2014
Return: -6.25 % Date: 11/30/2014
Return: -7.02 % Date: 10/31/2014
Return: -9.65 % Date: 9/30/2014
Return: -19.76 % Date: 8/31/2014
Return: 13.85 % Date: 7/31/2014
Return: -5.35 % Date: 6/30/2014
Return: -0.04 % Date: 5/31/2014
Return: 3.22 % Date: 4/30/2014
Return: 3.36 % Date: 3/31/2014
Return: 5.13 % Date: 2/28/2014
Return: 20.09 % Date: 1/31/2014
Return: 0.12 % Date: 12/31/2013
Return: -0.67 % Date: 11/30/2013
Return: 1.03 % Date: 10/31/2013
Return: 11.27 % Date: 9/30/2013
Return: 15.39 % Date: 8/31/2013
Return: 0.57 % Date: 7/31/2013
Return: -12.22 % Date: 6/30/2013
Return: -5.85 % Date: 5/31/2013
Return: -10.56 % Date: 4/30/2013
Return: -0.35 % Date: 3/31/2013
Return: 9.26 % Date: 2/28/2013
Return: -4.02 % Date: 1/31/2013
Return: 13.32 % Date: 12/31/2012
Return: 4.83 % Date: 11/30/2012
Return: 0.55 % Date: 10/31/2012
Return: -5.69 % Date: 9/30/2012
Return: -1.91 % Date: 8/31/2012
Return: -2.36 % Date: 7/31/2012
Return: 16.13 % Date: 6/30/2012
Return: 3.32 % Date: 5/31/2012
Return: -9.20 % Date: 4/30/2012
Return: -0.07 % Date: 3/31/2012
Return: -12.14 % Date: 2/29/2012
Return: 8.27 % Date: 1/31/2012
Return: 1.48 % Date: 12/31/2011
Return: 4.86 % Date: 11/30/2011
Return: 2.47 % Date: 10/31/2011
Return: -2.01 % Date: 9/30/2011
Return: 12.33 % Date: 8/31/2011
Return: 11.72 % Date: 7/31/2011
Return: 4.34 % Date: 6/30/2011
Return: 0.00 %
Note: All performance data is since program inception.

Distribution of Monthly Returns
Date Range: 06/11 - 05/17
Return: -8.00 %
Count: 1 Return: 21.00 %
Count: 1 Return: -22.00 %
Count: 1 Return: 45.00 %
Count: 1 Return: -34.00 %
Count: 1 Return: 10.00 %
Count: 1 Return: -7.00 %
Count: 2 Return: -10.00 %
Count: 1 Return: -20.00 %
Count: 2 Return: 14.00 %
Count: 2 Return: -5.00 %
Count: 4 Return: 20.00 %
Count: 1 Return: -1.00 %
Count: 1 Return: 11.00 %
Count: 3 Return: 15.00 %
Count: 1 Return: -11.00 %
Count: 2 Return: 9.00 %
Count: 2 Return: -4.00 %
Count: 1 Return: 13.00 %
Count: 1 Return: -6.00 %
Count: 5 Return: 16.00 %
Count: 1 Return: 3.00 %
Count: 4 Return: -9.00 %
Count: 1 Return: -12.00 %
Count: 2 Return: 8.00 %
Count: 2 Return: 1.00 %
Count: 5 Return: 5.00 %
Count: 3 Return: 2.00 %
Count: 1 Return: -2.00 %
Count: 7 Return: 12.00 %
Count: 2 Return: 4.00 %
Count: 1 Return: 0.00 %
Count: 9
Note: All performance data is since program inception.

Underwater Curve
Date Range: 06/11 - 05/17
Date: 5/31/2017
Drawdown: -55.47 % Date: 4/30/2017
Drawdown: -56.03 % Date: 3/31/2017
Drawdown: -52.75 % Date: 2/28/2017
Drawdown: -48.64 % Date: 1/31/2017
Drawdown: -54.82 % Date: 12/31/2016
Drawdown: -59.13 % Date: 11/30/2016
Drawdown: -66.33 % Date: 10/31/2016
Drawdown: -65.65 % Date: 9/30/2016
Drawdown: -63.75 % Date: 8/31/2016
Drawdown: -63.70 % Date: 7/31/2016
Drawdown: -53.32 % Date: 6/30/2016
Drawdown: -50.75 % Date: 5/31/2016
Drawdown: -54.27 % Date: 4/30/2016
Drawdown: -51.39 % Date: 3/31/2016
Drawdown: -66.51 % Date: 2/29/2016
Drawdown: -69.27 % Date: 1/31/2016
Drawdown: -69.26 % Date: 12/31/2015
Drawdown: -70.03 % Date: 11/30/2015
Drawdown: -66.18 % Date: 10/31/2015
Drawdown: -48.93 % Date: 9/30/2015
Drawdown: -47.85 % Date: 8/31/2015
Drawdown: -44.84 % Date: 7/31/2015
Drawdown: -45.06 % Date: 6/30/2015
Drawdown: -31.01 % Date: 5/31/2015
Drawdown: -26.33 % Date: 4/30/2015
Drawdown: -25.99 % Date: 3/31/2015
Drawdown: -32.81 % Date: 2/28/2015
Drawdown: -31.45 % Date: 1/31/2015
Drawdown: -38.11 % Date: 12/31/2014
Drawdown: -36.81 % Date: 11/30/2014
Drawdown: -32.59 % Date: 10/31/2014
Drawdown: -27.50 % Date: 9/30/2014
Drawdown: -19.76 % Date: 8/31/2014
Drawdown: 0.00 % Date: 7/31/2014
Drawdown: -5.39 % Date: 6/30/2014
Drawdown: -0.04 % 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: -4.44 % Date: 12/31/2013
Drawdown: -4.55 % Date: 11/30/2013
Drawdown: -3.91 % Date: 10/31/2013
Drawdown: -4.89 % Date: 9/30/2013
Drawdown: -14.52 % Date: 8/31/2013
Drawdown: -25.92 % Date: 7/31/2013
Drawdown: -26.34 % Date: 6/30/2013
Drawdown: -16.09 % Date: 5/31/2013
Drawdown: -10.87 % Date: 4/30/2013
Drawdown: -0.35 % Date: 3/31/2013
Drawdown: 0.00 % Date: 2/28/2013
Drawdown: -4.02 % Date: 1/31/2013
Drawdown: 0.00 % Date: 12/31/2012
Drawdown: -8.93 % Date: 11/30/2012
Drawdown: -13.13 % Date: 10/31/2012
Drawdown: -13.60 % Date: 9/30/2012
Drawdown: -8.39 % Date: 8/31/2012
Drawdown: -6.60 % Date: 7/31/2012
Drawdown: -4.35 % Date: 6/30/2012
Drawdown: -17.63 % Date: 5/31/2012
Drawdown: -20.28 % Date: 4/30/2012
Drawdown: -12.20 % Date: 3/31/2012
Drawdown: -12.14 % 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: -2.01 % Date: 9/30/2011
Drawdown: 0.00 % Date: 8/31/2011
Drawdown: 0.00 % Date: 7/31/2011
Drawdown: 0.00 %
Note: All performance data is since program inception.
Notes to Performance

Manager Information
Manager Name:  Brandywine Asset Management, Inc.
Address: The Mill, 381 Brinton Lake Road
City: Thornton
State: PA
Zip: 19373
Country: USA
Key People
Name:  Michael Dever
Position:  Principal
Biography: 

Michael Dever is the founder and CEO of Bran¬dywine Asset Management and author of the best-selling book Jackass Investing: Don't do it. Profit from it. Brandywine, founded in 1982, is an investment management firm with experience trading in a broad range of markets, including equities, mutual funds, currencies, and global futures and commodities. Brandywine’s highly-rated Symphony Program is built on this 30-year legacy of research and trading. The investment program uses Brandywine’s Return Driver based research approach and Predictive Diversification portfolio allocation model to trade across more than 100 global financial and commodity markets. Because of its fundamental approach and broad market and strategy diversification, the program produces returns that are uncorrelated to traditional investments, trend-following CTAs and hedge fund managers. In 2011 Mr. Dever published the best-selling book, Jackass Investing: Don't do it. Profit from it., in which he exposes 20 common investment myths and provides readers with specific actions they can take to exploit many of those myths. In the book he introduces the concept of "return drivers," which are the basis for the trading strategies incorporated in Brandywine's Symphony program. Mike has also been a featured subject of three books, Bulls, Bears and Millionaires, Market Beaters and The Investor's Guide to Hedge Funds. He and his businesses have been the subject of numerous interviews and articles in publications including: Bloomberg Television, The Wall Street Journal, Barrons, Computer World, Information Week, the Philadelphia Inquirer, Philadelphia Business Journal, Wall Street & Technology, Futures Magazine, Futures & Options World, Forbes Magazine and Fox Television. Mr. Dever received a bachelor’s degree in Business from West Chester University in 1981.


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.