Altegris Clearing Solutions Blake Capital Management, Inc. SRD Currencies
Monthly Performance (%)
Date Range: 02/13 - 03/17
  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec YTD
2017 -0.35 0.05 0.01 -0.29
2016 -0.18 -0.26 0.32 -0.21 -0.20 0.48 -0.04 -0.27 0.02 0.01 -0.15 0.49 0.01
2015 0.16 -0.10 0.17 0.00 -0.20 -0.10 -0.15 0.14 0.23 -0.48 0.26 -0.27 -0.34
2014 0.09 -0.08 0.41 -0.46 0.05 -0.21 -0.14 0.03 0.06 -0.06 -0.27 0.60 0.02
2013 -0.35 -0.49 -0.01 0.12 1.01 -0.96 -0.41 -0.27 -0.06 0.06 -1.36
Note: Estimates appear in italics. All performance data is since program inception.
Strategy Description

Blake Capital Management, Inc. specializes in "Support & Resistance" trading, a methodology which is generally focused on obtaining highly favorable entry points by endeavoring to buy near perceived market bottoms, and to sell near perceived market tops, on different time-frames. Traders conceive "support" as a floor and "resistance" as a ceiling. When a support breaks, it may later become a resistance; when a resistance breaks, it may later become a support. Sometimes support & resistance are former highs and lows in a market. This mechanism, combined with strict money management techniques and proprietary pattern recognition technology, is the foundation of Blake Capital Management's approach to portfolio management. SRD represents "Support & Resistance Diversified" because all programs focus on trading organic support & resistance levels, in a variety of time-frames. Most of our techniques revolve around intraday trading strategies, meaning that our investors are rarely holding any position more than a few hours. We favor this nimble approach because within even one day's trading activity, there may be several separate periods of rally and decline. SRD Currencies has an average Margin-to-Equity ratio of 5%, and executes approximately 3,500 Round-Turns per $1mm, per annum. Targeted maximum drawdown is 5% while targeted net return is 10% per annum.

Performance Statistics
Date Range: 02/13 - 03/17
  Program SP500 TR Altegris 40
Total Return -1.97% 72.39% 6.78%
Annualized Return -0.48% 13.96% 1.59%
Annualized Std. Deviation 1.10% 10.04% 8.84%
Correlation -0.02 0.08
Sharpe Ratio (rf=2.5%) -2.71 1.14 -0.10
Worst Month -0.96% -6.03% -5.20%
Date of Worst Month 08/2013 08/2015 06/2015
Worst Drawdown -2.47% -8.35% -11.02%
Date of Worst Drawdown 7/13 - 11/16 7/15 - 9/15 4/13 - 9/13
Note: Estimates appear in italics. All performance data is since program inception.
Annual Performance (%)
Date Range: 02/13 - 03/17
Year or YTD Program SP500 TR Altegris 40
2017 -0.29 6.07 -0.61
2016 0.01 11.98 -3.13
2015 -0.34 1.41 0.09
2014 0.02 13.69 15.75
2013 -1.36 24.20 -3.71
Note: Estimates appear in italics. All performance data is since program inception.
Performance Comparison
Date Range: 02/13 - 03/17
Date: 3/31/2017
Perf: $1,074.05 Date: 2/28/2017
Perf: $1,089.96 Date: 1/31/2017
Perf: $1,066.71 Date: 12/31/2016
Perf: $1,080.65 Date: 11/30/2016
Perf: $1,072.50 Date: 10/31/2016
Perf: $1,084.43 Date: 9/30/2016
Perf: $1,113.15 Date: 8/31/2016
Perf: $1,127.69 Date: 7/31/2016
Perf: $1,158.87 Date: 6/30/2016
Perf: $1,147.17 Date: 5/31/2016
Perf: $1,100.40 Date: 4/30/2016
Perf: $1,120.00 Date: 3/31/2016
Perf: $1,148.84 Date: 2/29/2016
Perf: $1,182.78 Date: 1/31/2016
Perf: $1,154.38 Date: 12/31/2015
Perf: $1,115.56 Date: 11/30/2015
Perf: $1,141.82 Date: 10/31/2015
Perf: $1,104.17 Date: 9/30/2015
Perf: $1,123.72 Date: 8/31/2015
Perf: $1,099.86 Date: 7/31/2015
Perf: $1,119.22 Date: 6/30/2015
Perf: $1,077.11 Date: 5/31/2015
Perf: $1,136.19 Date: 4/30/2015
Perf: $1,144.43 Date: 3/31/2015
Perf: $1,190.38 Date: 2/28/2015
Perf: $1,164.64 Date: 1/31/2015
Perf: $1,166.50 Date: 12/31/2014
Perf: $1,114.56 Date: 11/30/2014
Perf: $1,095.29 Date: 10/31/2014
Perf: $1,033.78 Date: 9/30/2014
Perf: $1,018.80 Date: 8/31/2014
Perf: $1,003.84 Date: 7/31/2014
Perf: $963.10 Date: 6/30/2014
Perf: $970.87 Date: 5/31/2014
Perf: $962.59 Date: 4/30/2014
Perf: $938.57 Date: 3/31/2014
Perf: $931.49 Date: 2/28/2014
Perf: $945.48 Date: 1/31/2014
Perf: $937.79 Date: 12/31/2013
Perf: $962.92 Date: 11/30/2013
Perf: $964.27 Date: 10/31/2013
Perf: $947.13 Date: 9/30/2013
Perf: $925.93 Date: 8/31/2013
Perf: $931.51 Date: 7/31/2013
Perf: $949.75 Date: 6/30/2013
Perf: $958.09 Date: 5/31/2013
Perf: $995.83 Date: 4/30/2013
Perf: $1,040.57 Date: 3/31/2013
Perf: $1,014.40 Date: 2/28/2013
Perf: $1,000.00 Date: 3/31/2017
Perf: $1,700.81 Date: 2/28/2017
Perf: $1,698.77 Date: 1/31/2017
Perf: $1,633.90 Date: 12/31/2016
Perf: $1,603.44 Date: 11/30/2016
Perf: $1,572.30 Date: 10/31/2016
Perf: $1,516.21 Date: 9/30/2016
Perf: $1,544.31 Date: 8/31/2016
Perf: $1,544.00 Date: 7/31/2016
Perf: $1,541.84 Date: 6/30/2016
Perf: $1,486.97 Date: 5/31/2016
Perf: $1,483.12 Date: 4/30/2016
Perf: $1,456.89 Date: 3/31/2016
Perf: $1,451.23 Date: 2/29/2016
Perf: $1,359.09 Date: 1/31/2016
Perf: $1,360.86 Date: 12/31/2015
Perf: $1,431.88 Date: 11/30/2015
Perf: $1,454.87 Date: 10/31/2015
Perf: $1,450.51 Date: 9/30/2015
Perf: $1,337.62 Date: 8/31/2015
Perf: $1,371.50 Date: 7/31/2015
Perf: $1,459.50 Date: 6/30/2015
Perf: $1,429.48 Date: 5/31/2015
Perf: $1,457.76 Date: 4/30/2015
Perf: $1,439.20 Date: 3/31/2015
Perf: $1,425.51 Date: 2/28/2015
Perf: $1,448.40 Date: 1/31/2015
Perf: $1,369.64 Date: 12/31/2014
Perf: $1,412.00 Date: 11/30/2014
Perf: $1,415.54 Date: 10/31/2014
Perf: $1,378.46 Date: 9/30/2014
Perf: $1,345.63 Date: 8/31/2014
Perf: $1,364.74 Date: 7/31/2014
Perf: $1,312.25 Date: 6/30/2014
Perf: $1,330.61 Date: 5/31/2014
Perf: $1,303.62 Date: 4/30/2014
Perf: $1,273.69 Date: 3/31/2014
Perf: $1,264.34 Date: 2/28/2014
Perf: $1,253.80 Date: 1/31/2014
Perf: $1,199.01 Date: 12/31/2013
Perf: $1,241.98 Date: 11/30/2013
Perf: $1,211.33 Date: 10/31/2013
Perf: $1,175.48 Date: 9/30/2013
Perf: $1,123.79 Date: 8/31/2013
Perf: $1,089.58 Date: 7/31/2013
Perf: $1,122.12 Date: 6/30/2013
Perf: $1,067.77 Date: 5/31/2013
Perf: $1,082.27 Date: 4/30/2013
Perf: $1,057.52 Date: 3/31/2013
Perf: $1,037.50 Date: 2/28/2013
Perf: $1,000.00 Date: 3/31/2017
Perf: $980.34 Date: 2/28/2017
Perf: $980.25 Date: 1/31/2017
Perf: $979.76 Date: 12/31/2016
Perf: $983.20 Date: 11/30/2016
Perf: $978.40 Date: 10/31/2016
Perf: $979.87 Date: 9/30/2016
Perf: $979.78 Date: 8/31/2016
Perf: $979.58 Date: 7/31/2016
Perf: $982.23 Date: 6/30/2016
Perf: $982.62 Date: 5/31/2016
Perf: $977.93 Date: 4/30/2016
Perf: $979.89 Date: 3/31/2016
Perf: $981.95 Date: 2/29/2016
Perf: $978.82 Date: 1/31/2016
Perf: $981.37 Date: 12/31/2015
Perf: $983.14 Date: 11/30/2015
Perf: $985.80 Date: 10/31/2015
Perf: $983.25 Date: 9/30/2015
Perf: $987.99 Date: 8/31/2015
Perf: $985.72 Date: 7/31/2015
Perf: $984.34 Date: 6/30/2015
Perf: $985.82 Date: 5/31/2015
Perf: $986.81 Date: 4/30/2015
Perf: $988.79 Date: 3/31/2015
Perf: $988.79 Date: 2/28/2015
Perf: $987.11 Date: 1/31/2015
Perf: $988.10 Date: 12/31/2014
Perf: $986.52 Date: 11/30/2014
Perf: $980.63 Date: 10/31/2014
Perf: $983.29 Date: 9/30/2014
Perf: $983.88 Date: 8/31/2014
Perf: $983.29 Date: 7/31/2014
Perf: $982.99 Date: 6/30/2014
Perf: $984.37 Date: 5/31/2014
Perf: $986.44 Date: 4/30/2014
Perf: $985.95 Date: 3/31/2014
Perf: $990.51 Date: 2/28/2014
Perf: $986.46 Date: 1/31/2014
Perf: $987.25 Date: 12/31/2013
Perf: $986.37 Date: 11/30/2013
Perf: $985.77 Date: 10/31/2013
Perf: $986.37 Date: 9/30/2013
Perf: $989.04 Date: 8/31/2013
Perf: $993.11 Date: 7/31/2013
Perf: $1,002.73 Date: 6/30/2013
Perf: $992.71 Date: 5/31/2013
Perf: $991.52 Date: 4/30/2013
Perf: $991.62 Date: 3/31/2013
Perf: $996.50 Date: 2/28/2013
Perf: $1,000.00
Note: All performance data is since program inception.

Monthly Returns
Date Range: 02/13 - 03/17
Date: 3/31/2017
Return: 0.01 % Date: 2/28/2017
Return: 0.05 % Date: 1/31/2017
Return: -0.35 % Date: 12/31/2016
Return: 0.49 % Date: 11/30/2016
Return: -0.15 % Date: 10/31/2016
Return: 0.01 % Date: 9/30/2016
Return: 0.02 % Date: 8/31/2016
Return: -0.27 % Date: 7/31/2016
Return: -0.04 % Date: 6/30/2016
Return: 0.48 % Date: 5/31/2016
Return: -0.20 % Date: 4/30/2016
Return: -0.21 % Date: 3/31/2016
Return: 0.32 % Date: 2/29/2016
Return: -0.26 % Date: 1/31/2016
Return: -0.18 % Date: 12/31/2015
Return: -0.27 % Date: 11/30/2015
Return: 0.26 % Date: 10/31/2015
Return: -0.48 % Date: 9/30/2015
Return: 0.23 % Date: 8/31/2015
Return: 0.14 % Date: 7/31/2015
Return: -0.15 % Date: 6/30/2015
Return: -0.10 % Date: 5/31/2015
Return: -0.20 % Date: 4/30/2015
Return: 0.00 % Date: 3/31/2015
Return: 0.17 % Date: 2/28/2015
Return: -0.10 % Date: 1/31/2015
Return: 0.16 % Date: 12/31/2014
Return: 0.60 % Date: 11/30/2014
Return: -0.27 % Date: 10/31/2014
Return: -0.06 % Date: 9/30/2014
Return: 0.06 % Date: 8/31/2014
Return: 0.03 % Date: 7/31/2014
Return: -0.14 % Date: 6/30/2014
Return: -0.21 % Date: 5/31/2014
Return: 0.05 % Date: 4/30/2014
Return: -0.46 % Date: 3/31/2014
Return: 0.41 % Date: 2/28/2014
Return: -0.08 % Date: 1/31/2014
Return: 0.09 % Date: 12/31/2013
Return: 0.06 % Date: 11/30/2013
Return: -0.06 % Date: 10/31/2013
Return: -0.27 % Date: 9/30/2013
Return: -0.41 % Date: 8/31/2013
Return: -0.96 % Date: 7/31/2013
Return: 1.01 % Date: 6/30/2013
Return: 0.12 % Date: 5/31/2013
Return: -0.01 % Date: 4/30/2013
Return: -0.49 % Date: 3/31/2013
Return: -0.35 % Date: 2/28/2013
Return: 0.00 %
Note: All performance data is since program inception.

Distribution of Monthly Returns
Date Range: 02/13 - 03/17
Return: -1.00 %
Count: 1 Return: 1.00 %
Count: 2 Return: 0.00 %
Count: 47
Note: All performance data is since program inception.

Underwater Curve
Date Range: 02/13 - 03/17
Date: 3/31/2017
Drawdown: -2.23 % Date: 2/28/2017
Drawdown: -2.24 % Date: 1/31/2017
Drawdown: -2.29 % Date: 12/31/2016
Drawdown: -1.95 % Date: 11/30/2016
Drawdown: -2.43 % Date: 10/31/2016
Drawdown: -2.28 % Date: 9/30/2016
Drawdown: -2.29 % Date: 8/31/2016
Drawdown: -2.31 % Date: 7/31/2016
Drawdown: -2.04 % Date: 6/30/2016
Drawdown: -2.01 % Date: 5/31/2016
Drawdown: -2.47 % Date: 4/30/2016
Drawdown: -2.28 % Date: 3/31/2016
Drawdown: -2.07 % Date: 2/29/2016
Drawdown: -2.38 % Date: 1/31/2016
Drawdown: -2.13 % Date: 12/31/2015
Drawdown: -1.95 % Date: 11/30/2015
Drawdown: -1.69 % Date: 10/31/2015
Drawdown: -1.94 % Date: 9/30/2015
Drawdown: -1.47 % Date: 8/31/2015
Drawdown: -1.70 % Date: 7/31/2015
Drawdown: -1.83 % Date: 6/30/2015
Drawdown: -1.69 % Date: 5/31/2015
Drawdown: -1.59 % Date: 4/30/2015
Drawdown: -1.39 % Date: 3/31/2015
Drawdown: -1.39 % Date: 2/28/2015
Drawdown: -1.56 % Date: 1/31/2015
Drawdown: -1.46 % Date: 12/31/2014
Drawdown: -1.62 % Date: 11/30/2014
Drawdown: -2.20 % Date: 10/31/2014
Drawdown: -1.94 % Date: 9/30/2014
Drawdown: -1.88 % Date: 8/31/2014
Drawdown: -1.94 % Date: 7/31/2014
Drawdown: -1.97 % Date: 6/30/2014
Drawdown: -1.83 % Date: 5/31/2014
Drawdown: -1.62 % Date: 4/30/2014
Drawdown: -1.67 % Date: 3/31/2014
Drawdown: -1.22 % Date: 2/28/2014
Drawdown: -1.62 % Date: 1/31/2014
Drawdown: -1.54 % Date: 12/31/2013
Drawdown: -1.63 % Date: 11/30/2013
Drawdown: -1.69 % Date: 10/31/2013
Drawdown: -1.63 % Date: 9/30/2013
Drawdown: -1.37 % Date: 8/31/2013
Drawdown: -0.96 % Date: 7/31/2013
Drawdown: 0.00 % Date: 6/30/2013
Drawdown: -0.73 % Date: 5/31/2013
Drawdown: -0.85 % Date: 4/30/2013
Drawdown: -0.84 % Date: 3/31/2013
Drawdown: -0.35 %
Note: All performance data is since program inception.
Notes to Performance

Manager Information
Manager Name:  Blake Capital Management, Inc.
Address: 2263 Douglas Road, Suite 411
City: Miami
State: FL
Zip: 33145
Country: USA
Key People
Name:  Harold A. Blake III
Position:  Principal
Biography: 

The Advisor’s principal, Harold A. Blake III, is solely responsible for managing the day to day operations of the Advisor, as well as its trading strategy and trade execution. Prior to forming the Advisor, the Manager was registered as an Associated Person of MF Global Inc., a commodity brokerage firm. The Manager started his career in the futures industry in January 2005 as an account executive at First Choice Futures & Options, Inc., a commodity brokerage firm based in North Miami, FL. The Manager assisted clients with new account paperwork and analyzed fundamental conditions in the grains and energy markets, notably corn and crude oil. In January 2006, the Manager resigned from First Choice, seeking greater autonomy and opportunity. The Manager incorporated Sheridan Capital Management, Inc., a Florida corporation, in December 2005 and served as its President and CEO, to engage in proprietary futures trading and real estate speculation. From January 2006 through February 2008, the Manager was actively trading proprietary funds in commodity futures and options through Sheridan Capital Management’s corporate account. The Manager designed and tested several systems, both mechanical and discretionary, to more effectively trade. As his experience increased, the Manager began favoring more basic approaches, including support and resistance trading, as a philosophy for understanding market behavior. The Manager ceased trading with Sheridan Capital Management in February, 2008. In March 2008 the Manager accepted a futures broker position with MF Global’s Private Client Division, at the Chicago Board of Trade building. the Manager ran his own trading desk with the objective of assisting self-directed traders through individualized attention and focus on trading basics. The Manager’s general responsibilities at MF Global included business development, dissemination of market analysis and advice, trade execution and clearing. In June 2009, in accordance with MF Global’s organizational restructuring, he joined its Lind-Waldock division as a full-service broker, while retaining his responsibilities and client base. On April 19th, 2010, the Manager formed Blake Capital Management, Inc., to better serve investors who desire fully managed individually segregated accounts. The Manager resigned from MF Global on May 5th, 2010 to devote full attention to the Advisor, its clients, and its business model.


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.