Altegris Clearing Solutions Acorn Global Investments Inc Acorn Diversified Program *QEP*
Monthly Performance (%)
Date Range: 06/05 - 03/17
  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec YTD
2017 -3.91 -5.58 -4.57 -13.42
2016 9.39 4.11 -1.92 -2.78 -3.13 3.76 -0.74 -3.44 -8.25 -0.20 2.97 -3.47 -4.78
2015 3.47 2.36 1.44 -3.07 0.12 -3.96 3.06 1.61 -4.11 -5.72 4.56 3.33 2.42
2014 0.24 11.52 -1.15 -3.29 -4.98 2.05 6.11 1.04 5.01 -0.40 6.51 2.00 26.24
2013 7.60 -4.17 4.20 3.70 2.34 -0.32 -0.02 0.07 -7.32 2.10 0.46 1.17 9.37
2012 -2.42 -4.19 0.96 -3.15 9.92 -2.30 1.50 -2.66 9.96 -3.08 -0.18 -1.99 1.13
2011 -2.18 2.57 -1.81 6.18 -3.02 -7.01 4.15 3.16 -0.56 -5.80 0.63 -1.51 -5.90
2010 -3.72 -0.70 2.65 -2.82 2.34 2.02 -1.25 5.84 2.93 2.74 -2.45 7.48 15.39
2009 0.00 0.00 0.00 0.00 0.00 0.00 -4.32 2.89 1.00 -2.08 -5.50 2.21 -5.96
2008 11.76 12.10 3.98 -2.38 -3.21 7.08 2.02 -1.81 -11.64 5.25 -0.38 0.00 22.32
2007 2.10 -4.43 -4.28 4.21 1.33 2.50 -4.35 1.85 12.07 1.44 6.73 -0.44 18.97
2006 8.46 0.27 7.04 3.78 -5.78 -4.32 -13.80 -0.86 2.94 4.80 3.33 3.03 6.89
2005 2.39 4.17 1.59 -7.02 6.98 7.09 15.42
Note: Estimates appear in italics. All performance data is since program inception.
Strategy Description

The objective of the Acorn Diversified Program is to deliver long-term capital appreciation with low correlation to equity, bond and real estate investments. Acorn Global Investments, founded in 2005, is an alternative investment manager that identifies early stage opportunities in global futures markets. With institutional infrastructure and extensive experience, we serve institutions, advisors and individuals from around the world. Acorn has two offices in Canada, located in Oakville, Ontario, and in Montreal, Quebec.

Performance Statistics
Date Range: 06/05 - 03/17
  Program SP500 TR Altegris 40
Total Return 116.15% 154.70% 47.01%
Annualized Return 6.78% 8.22% 3.31%
Annualized Std. Deviation 15.77% 14.21% 8.99%
Correlation -0.08 0.47
Sharpe Ratio (rf=2.5%) 0.27 0.40 0.09
Worst Month -13.80% -16.79% -5.20%
Date of Worst Month 07/2006 10/2008 06/2015
Worst Drawdown -27.61% -50.95% -15.74%
Date of Worst Drawdown 2/16 - 3/17 10/07 - 2/09 4/11 - 9/13
Note: Estimates appear in italics. All performance data is since program inception.
Annual Performance (%)
Date Range: 06/05 - 03/17
Year or YTD Program SP500 TR Altegris 40
2017 -13.42 6.07 -0.61
2016 -4.78 11.98 -3.13
2015 2.42 1.41 0.09
2014 26.24 13.69 15.75
2013 9.37 32.41 -2.45
2012 1.13 15.98 -4.75
2011 -5.90 2.12 -3.23
2010 15.39 15.06 11.33
2009 -5.96 26.45 -7.98
2008 22.32 -36.99 15.47
2007 18.97 5.50 7.18
2006 6.89 15.79 6.70
2005 15.42 5.76 4.77
Note: Estimates appear in italics. All performance data is since program inception.
Performance Comparison
Date Range: 06/05 - 03/17
Date: 3/31/2017
Perf: $1,421.60 Date: 2/28/2017
Perf: $1,442.67 Date: 1/31/2017
Perf: $1,411.89 Date: 12/31/2016
Perf: $1,430.34 Date: 11/30/2016
Perf: $1,419.55 Date: 10/31/2016
Perf: $1,435.34 Date: 9/30/2016
Perf: $1,473.35 Date: 8/31/2016
Perf: $1,492.61 Date: 7/31/2016
Perf: $1,533.87 Date: 6/30/2016
Perf: $1,518.38 Date: 5/31/2016
Perf: $1,456.48 Date: 4/30/2016
Perf: $1,482.42 Date: 3/31/2016
Perf: $1,520.59 Date: 2/29/2016
Perf: $1,565.52 Date: 1/31/2016
Perf: $1,527.93 Date: 12/31/2015
Perf: $1,476.55 Date: 11/30/2015
Perf: $1,511.31 Date: 10/31/2015
Perf: $1,461.47 Date: 9/30/2015
Perf: $1,487.35 Date: 8/31/2015
Perf: $1,455.76 Date: 7/31/2015
Perf: $1,481.39 Date: 6/30/2015
Perf: $1,425.65 Date: 5/31/2015
Perf: $1,503.85 Date: 4/30/2015
Perf: $1,514.75 Date: 3/31/2015
Perf: $1,575.57 Date: 2/28/2015
Perf: $1,541.50 Date: 1/31/2015
Perf: $1,543.97 Date: 12/31/2014
Perf: $1,475.23 Date: 11/30/2014
Perf: $1,449.71 Date: 10/31/2014
Perf: $1,368.30 Date: 9/30/2014
Perf: $1,348.48 Date: 8/31/2014
Perf: $1,328.68 Date: 7/31/2014
Perf: $1,274.76 Date: 6/30/2014
Perf: $1,285.04 Date: 5/31/2014
Perf: $1,274.08 Date: 4/30/2014
Perf: $1,242.28 Date: 3/31/2014
Perf: $1,232.91 Date: 2/28/2014
Perf: $1,251.43 Date: 1/31/2014
Perf: $1,241.25 Date: 12/31/2013
Perf: $1,274.51 Date: 11/30/2013
Perf: $1,276.30 Date: 10/31/2013
Perf: $1,253.61 Date: 9/30/2013
Perf: $1,225.55 Date: 8/31/2013
Perf: $1,232.94 Date: 7/31/2013
Perf: $1,257.08 Date: 6/30/2013
Perf: $1,268.11 Date: 5/31/2013
Perf: $1,318.07 Date: 4/30/2013
Perf: $1,377.29 Date: 3/31/2013
Perf: $1,342.65 Date: 2/28/2013
Perf: $1,323.59 Date: 1/31/2013
Perf: $1,331.31 Date: 12/31/2012
Perf: $1,306.49 Date: 11/30/2012
Perf: $1,300.12 Date: 10/31/2012
Perf: $1,296.49 Date: 9/30/2012
Perf: $1,345.18 Date: 8/31/2012
Perf: $1,367.75 Date: 7/31/2012
Perf: $1,386.61 Date: 6/30/2012
Perf: $1,332.13 Date: 5/31/2012
Perf: $1,384.17 Date: 4/30/2012
Perf: $1,358.36 Date: 3/31/2012
Perf: $1,350.26 Date: 2/29/2012
Perf: $1,381.62 Date: 1/31/2012
Perf: $1,375.98 Date: 12/31/2011
Perf: $1,371.59 Date: 11/30/2011
Perf: $1,358.55 Date: 10/31/2011
Perf: $1,354.49 Date: 9/30/2011
Perf: $1,410.34 Date: 8/31/2011
Perf: $1,411.18 Date: 7/31/2011
Perf: $1,414.01 Date: 6/30/2011
Perf: $1,365.01 Date: 5/31/2011
Perf: $1,401.44 Date: 4/30/2011
Perf: $1,454.54 Date: 3/31/2011
Perf: $1,399.94 Date: 2/28/2011
Perf: $1,421.69 Date: 1/31/2011
Perf: $1,397.92 Date: 12/31/2010
Perf: $1,417.34 Date: 11/30/2010
Perf: $1,359.04 Date: 10/31/2010
Perf: $1,408.92 Date: 9/30/2010
Perf: $1,356.29 Date: 8/31/2010
Perf: $1,332.05 Date: 7/31/2010
Perf: $1,279.09 Date: 6/30/2010
Perf: $1,295.81 Date: 5/31/2010
Perf: $1,290.90 Date: 4/30/2010
Perf: $1,322.92 Date: 3/31/2010
Perf: $1,302.85 Date: 2/28/2010
Perf: $1,253.11 Date: 1/31/2010
Perf: $1,241.44 Date: 12/31/2009
Perf: $1,273.14 Date: 11/30/2009
Perf: $1,326.19 Date: 10/31/2009
Perf: $1,274.81 Date: 9/30/2009
Perf: $1,308.30 Date: 8/31/2009
Perf: $1,277.89 Date: 7/31/2009
Perf: $1,273.69 Date: 6/30/2009
Perf: $1,275.09 Date: 5/31/2009
Perf: $1,309.93 Date: 4/30/2009
Perf: $1,292.10 Date: 3/31/2009
Perf: $1,335.78 Date: 2/28/2009
Perf: $1,373.84 Date: 1/31/2009
Perf: $1,374.52 Date: 12/31/2008
Perf: $1,383.52 Date: 11/30/2008
Perf: $1,348.85 Date: 10/31/2008
Perf: $1,301.10 Date: 9/30/2008
Perf: $1,237.38 Date: 8/31/2008
Perf: $1,234.78 Date: 7/31/2008
Perf: $1,268.66 Date: 6/30/2008
Perf: $1,329.69 Date: 5/31/2008
Perf: $1,295.11 Date: 4/30/2008
Perf: $1,268.97 Date: 3/31/2008
Perf: $1,283.73 Date: 2/29/2008
Perf: $1,289.41 Date: 1/31/2008
Perf: $1,219.99 Date: 12/31/2007
Perf: $1,198.18 Date: 11/30/2007
Perf: $1,200.94 Date: 10/31/2007
Perf: $1,208.80 Date: 9/30/2007
Perf: $1,158.85 Date: 8/31/2007
Perf: $1,107.15 Date: 7/31/2007
Perf: $1,150.05 Date: 6/30/2007
Perf: $1,186.72 Date: 5/31/2007
Perf: $1,153.38 Date: 4/30/2007
Perf: $1,113.63 Date: 3/31/2007
Perf: $1,068.74 Date: 2/28/2007
Perf: $1,094.35 Date: 1/31/2007
Perf: $1,136.98 Date: 12/31/2006
Perf: $1,117.87 Date: 11/30/2006
Perf: $1,081.32 Date: 10/31/2006
Perf: $1,055.46 Date: 9/30/2006
Perf: $1,043.98 Date: 8/31/2006
Perf: $1,055.16 Date: 7/31/2006
Perf: $1,043.48 Date: 6/30/2006
Perf: $1,059.15 Date: 5/31/2006
Perf: $1,073.86 Date: 4/30/2006
Perf: $1,103.10 Date: 3/31/2006
Perf: $1,076.82 Date: 2/28/2006
Perf: $1,048.72 Date: 1/31/2006
Perf: $1,067.72 Date: 12/31/2005
Perf: $1,047.71 Date: 11/30/2005
Perf: $1,067.02 Date: 10/31/2005
Perf: $1,023.13 Date: 9/30/2005
Perf: $1,021.50 Date: 8/31/2005
Perf: $1,006.00 Date: 7/31/2005
Perf: $1,000.60 Date: 6/30/2005
Perf: $1,000.00 Date: 3/31/2017
Perf: $2,543.40 Date: 2/28/2017
Perf: $2,540.35 Date: 1/31/2017
Perf: $2,443.35 Date: 12/31/2016
Perf: $2,397.79 Date: 11/30/2016
Perf: $2,351.24 Date: 10/31/2016
Perf: $2,267.35 Date: 9/30/2016
Perf: $2,309.38 Date: 8/31/2016
Perf: $2,308.92 Date: 7/31/2016
Perf: $2,305.69 Date: 6/30/2016
Perf: $2,223.64 Date: 5/31/2016
Perf: $2,217.87 Date: 4/30/2016
Perf: $2,178.65 Date: 3/31/2016
Perf: $2,170.19 Date: 2/29/2016
Perf: $2,032.39 Date: 1/31/2016
Perf: $2,035.04 Date: 12/31/2015
Perf: $2,141.25 Date: 11/30/2015
Perf: $2,175.62 Date: 10/31/2015
Perf: $2,169.11 Date: 9/30/2015
Perf: $2,000.29 Date: 8/31/2015
Perf: $2,050.95 Date: 7/31/2015
Perf: $2,182.56 Date: 6/30/2015
Perf: $2,137.66 Date: 5/31/2015
Perf: $2,179.96 Date: 4/30/2015
Perf: $2,152.19 Date: 3/31/2015
Perf: $2,131.73 Date: 2/28/2015
Perf: $2,165.95 Date: 1/31/2015
Perf: $2,048.18 Date: 12/31/2014
Perf: $2,111.52 Date: 11/30/2014
Perf: $2,116.82 Date: 10/31/2014
Perf: $2,061.37 Date: 9/30/2014
Perf: $2,012.27 Date: 8/31/2014
Perf: $2,040.84 Date: 7/31/2014
Perf: $1,962.34 Date: 6/30/2014
Perf: $1,989.80 Date: 5/31/2014
Perf: $1,949.45 Date: 4/30/2014
Perf: $1,904.69 Date: 3/31/2014
Perf: $1,890.70 Date: 2/28/2014
Perf: $1,874.95 Date: 1/31/2014
Perf: $1,793.01 Date: 12/31/2013
Perf: $1,857.27 Date: 11/30/2013
Perf: $1,811.44 Date: 10/31/2013
Perf: $1,757.83 Date: 9/30/2013
Perf: $1,680.52 Date: 8/31/2013
Perf: $1,629.36 Date: 7/31/2013
Perf: $1,678.02 Date: 6/30/2013
Perf: $1,596.75 Date: 5/31/2013
Perf: $1,618.44 Date: 4/30/2013
Perf: $1,581.43 Date: 3/31/2013
Perf: $1,551.49 Date: 2/28/2013
Perf: $1,495.41 Date: 1/31/2013
Perf: $1,475.34 Date: 12/31/2012
Perf: $1,402.69 Date: 11/30/2012
Perf: $1,390.04 Date: 10/31/2012
Perf: $1,382.02 Date: 9/30/2012
Perf: $1,408.07 Date: 8/31/2012
Perf: $1,372.66 Date: 7/31/2012
Perf: $1,342.45 Date: 6/30/2012
Perf: $1,324.05 Date: 5/31/2012
Perf: $1,271.65 Date: 4/30/2012
Perf: $1,352.97 Date: 3/31/2012
Perf: $1,361.54 Date: 2/29/2012
Perf: $1,318.18 Date: 1/31/2012
Perf: $1,263.59 Date: 12/31/2011
Perf: $1,209.41 Date: 11/30/2011
Perf: $1,197.20 Date: 10/31/2011
Perf: $1,199.84 Date: 9/30/2011
Perf: $1,081.62 Date: 8/31/2011
Perf: $1,163.40 Date: 7/31/2011
Perf: $1,230.20 Date: 6/30/2011
Perf: $1,255.69 Date: 5/31/2011
Perf: $1,277.02 Date: 4/30/2011
Perf: $1,291.62 Date: 3/31/2011
Perf: $1,254.48 Date: 2/28/2011
Perf: $1,253.98 Date: 1/31/2011
Perf: $1,212.40 Date: 12/31/2010
Perf: $1,184.33 Date: 11/30/2010
Perf: $1,110.17 Date: 10/31/2010
Perf: $1,110.06 Date: 9/30/2010
Perf: $1,069.32 Date: 8/31/2010
Perf: $981.74 Date: 7/31/2010
Perf: $1,028.11 Date: 6/30/2010
Perf: $960.76 Date: 5/31/2010
Perf: $1,013.78 Date: 4/30/2010
Perf: $1,101.82 Date: 3/31/2010
Perf: $1,084.68 Date: 2/28/2010
Perf: $1,022.99 Date: 1/31/2010
Perf: $992.24 Date: 12/31/2009
Perf: $1,029.29 Date: 11/30/2009
Perf: $1,009.80 Date: 10/31/2009
Perf: $952.64 Date: 9/30/2009
Perf: $970.70 Date: 8/31/2009
Perf: $935.79 Date: 7/31/2009
Perf: $903.19 Date: 6/30/2009
Perf: $839.71 Date: 5/31/2009
Perf: $838.03 Date: 4/30/2009
Perf: $793.66 Date: 3/31/2009
Perf: $724.34 Date: 2/28/2009
Perf: $666.00 Date: 1/31/2009
Perf: $745.39 Date: 12/31/2008
Perf: $814.01 Date: 11/30/2008
Perf: $805.47 Date: 10/31/2008
Perf: $867.77 Date: 9/30/2008
Perf: $1,042.87 Date: 8/31/2008
Perf: $1,144.88 Date: 7/31/2008
Perf: $1,128.52 Date: 6/30/2008
Perf: $1,138.08 Date: 5/31/2008
Perf: $1,242.85 Date: 4/30/2008
Perf: $1,226.90 Date: 3/31/2008
Perf: $1,169.93 Date: 2/29/2008
Perf: $1,174.98 Date: 1/31/2008
Perf: $1,214.45 Date: 12/31/2007
Perf: $1,291.97 Date: 11/30/2007
Perf: $1,300.94 Date: 10/31/2007
Perf: $1,357.69 Date: 9/30/2007
Perf: $1,336.44 Date: 8/31/2007
Perf: $1,288.26 Date: 7/31/2007
Perf: $1,269.22 Date: 6/30/2007
Perf: $1,309.83 Date: 5/31/2007
Perf: $1,331.94 Date: 4/30/2007
Perf: $1,287.02 Date: 3/31/2007
Perf: $1,232.43 Date: 2/28/2007
Perf: $1,218.78 Date: 1/31/2007
Perf: $1,243.14 Date: 12/31/2006
Perf: $1,224.65 Date: 11/30/2006
Perf: $1,207.74 Date: 10/31/2006
Perf: $1,185.22 Date: 9/30/2006
Perf: $1,147.80 Date: 8/31/2006
Perf: $1,118.93 Date: 7/31/2006
Perf: $1,092.92 Date: 6/30/2006
Perf: $1,086.19 Date: 5/31/2006
Perf: $1,084.67 Date: 4/30/2006
Perf: $1,116.83 Date: 3/31/2006
Perf: $1,102.07 Date: 2/28/2006
Perf: $1,088.57 Date: 1/31/2006
Perf: $1,085.64 Date: 12/31/2005
Perf: $1,057.61 Date: 11/30/2005
Perf: $1,057.29 Date: 10/31/2005
Perf: $1,018.78 Date: 9/30/2005
Perf: $1,036.09 Date: 8/31/2005
Perf: $1,027.76 Date: 7/31/2005
Perf: $1,037.20 Date: 6/30/2005
Perf: $1,000.00 Date: 3/31/2017
Perf: $2,161.48 Date: 2/28/2017
Perf: $2,264.99 Date: 1/31/2017
Perf: $2,398.85 Date: 12/31/2016
Perf: $2,496.46 Date: 11/30/2016
Perf: $2,586.20 Date: 10/31/2016
Perf: $2,511.61 Date: 9/30/2016
Perf: $2,516.64 Date: 8/31/2016
Perf: $2,742.93 Date: 7/31/2016
Perf: $2,840.65 Date: 6/30/2016
Perf: $2,861.83 Date: 5/31/2016
Perf: $2,758.12 Date: 4/30/2016
Perf: $2,847.24 Date: 3/31/2016
Perf: $2,928.66 Date: 2/29/2016
Perf: $2,985.99 Date: 1/31/2016
Perf: $2,868.11 Date: 12/31/2015
Perf: $2,621.91 Date: 11/30/2015
Perf: $2,537.42 Date: 10/31/2015
Perf: $2,426.76 Date: 9/30/2015
Perf: $2,573.99 Date: 8/31/2015
Perf: $2,684.31 Date: 7/31/2015
Perf: $2,641.78 Date: 6/30/2015
Perf: $2,563.34 Date: 5/31/2015
Perf: $2,669.04 Date: 4/30/2015
Perf: $2,665.84 Date: 3/31/2015
Perf: $2,750.27 Date: 2/28/2015
Perf: $2,711.23 Date: 1/31/2015
Perf: $2,648.72 Date: 12/31/2014
Perf: $2,559.89 Date: 11/30/2014
Perf: $2,509.70 Date: 10/31/2014
Perf: $2,356.30 Date: 9/30/2014
Perf: $2,365.77 Date: 8/31/2014
Perf: $2,252.90 Date: 7/31/2014
Perf: $2,229.71 Date: 6/30/2014
Perf: $2,101.32 Date: 5/31/2014
Perf: $2,059.10 Date: 4/30/2014
Perf: $2,167.02 Date: 3/31/2014
Perf: $2,240.74 Date: 2/28/2014
Perf: $2,266.81 Date: 1/31/2014
Perf: $2,032.65 Date: 12/31/2013
Perf: $2,027.78 Date: 11/30/2013
Perf: $2,004.33 Date: 10/31/2013
Perf: $1,995.15 Date: 9/30/2013
Perf: $1,954.12 Date: 8/31/2013
Perf: $2,108.46 Date: 7/31/2013
Perf: $2,106.98 Date: 6/30/2013
Perf: $2,107.40 Date: 5/31/2013
Perf: $2,114.17 Date: 4/30/2013
Perf: $2,065.83 Date: 3/31/2013
Perf: $1,992.12 Date: 2/28/2013
Perf: $1,911.82 Date: 1/31/2013
Perf: $1,995.02 Date: 12/31/2012
Perf: $1,854.10 Date: 11/30/2012
Perf: $1,891.75 Date: 10/31/2012
Perf: $1,895.16 Date: 9/30/2012
Perf: $1,955.39 Date: 8/31/2012
Perf: $1,778.27 Date: 7/31/2012
Perf: $1,826.87 Date: 6/30/2012
Perf: $1,799.87 Date: 5/31/2012
Perf: $1,842.24 Date: 4/30/2012
Perf: $1,675.98 Date: 3/31/2012
Perf: $1,730.49 Date: 2/29/2012
Perf: $1,714.04 Date: 1/31/2012
Perf: $1,789.00 Date: 12/31/2011
Perf: $1,833.36 Date: 11/30/2011
Perf: $1,861.47 Date: 10/31/2011
Perf: $1,849.82 Date: 9/30/2011
Perf: $1,963.71 Date: 8/31/2011
Perf: $1,974.77 Date: 7/31/2011
Perf: $1,914.28 Date: 6/30/2011
Perf: $1,838.00 Date: 5/31/2011
Perf: $1,976.56 Date: 4/30/2011
Perf: $2,038.11 Date: 3/31/2011
Perf: $1,919.49 Date: 2/28/2011
Perf: $1,954.87 Date: 1/31/2011
Perf: $1,905.89 Date: 12/31/2010
Perf: $1,948.36 Date: 11/30/2010
Perf: $1,812.77 Date: 10/31/2010
Perf: $1,858.30 Date: 9/30/2010
Perf: $1,808.74 Date: 8/31/2010
Perf: $1,757.25 Date: 7/31/2010
Perf: $1,660.29 Date: 6/30/2010
Perf: $1,681.31 Date: 5/31/2010
Perf: $1,648.02 Date: 4/30/2010
Perf: $1,610.33 Date: 3/31/2010
Perf: $1,657.06 Date: 2/28/2010
Perf: $1,614.28 Date: 1/31/2010
Perf: $1,625.66 Date: 12/31/2009
Perf: $1,688.48 Date: 11/30/2009
Perf: $1,651.97 Date: 10/31/2009
Perf: $1,748.11 Date: 9/30/2009
Perf: $1,785.25 Date: 8/31/2009
Perf: $1,767.57 Date: 7/31/2009
Perf: $1,717.92 Date: 6/30/2009
Perf: $1,795.49 Date: 5/31/2009
Perf: $1,795.49 Date: 4/30/2009
Perf: $1,795.49 Date: 3/31/2009
Perf: $1,795.49 Date: 2/28/2009
Perf: $1,795.49 Date: 1/31/2009
Perf: $1,795.49 Date: 12/31/2008
Perf: $1,795.49 Date: 11/30/2008
Perf: $1,795.49 Date: 10/31/2008
Perf: $1,802.34 Date: 9/30/2008
Perf: $1,712.43 Date: 8/31/2008
Perf: $1,938.02 Date: 7/31/2008
Perf: $1,973.74 Date: 6/30/2008
Perf: $1,934.66 Date: 5/31/2008
Perf: $1,806.75 Date: 4/30/2008
Perf: $1,866.67 Date: 3/31/2008
Perf: $1,912.18 Date: 2/29/2008
Perf: $1,838.98 Date: 1/31/2008
Perf: $1,640.49 Date: 12/31/2007
Perf: $1,467.86 Date: 11/30/2007
Perf: $1,474.35 Date: 10/31/2007
Perf: $1,381.38 Date: 9/30/2007
Perf: $1,361.77 Date: 8/31/2007
Perf: $1,215.11 Date: 7/31/2007
Perf: $1,193.04 Date: 6/30/2007
Perf: $1,247.30 Date: 5/31/2007
Perf: $1,216.88 Date: 4/30/2007
Perf: $1,200.90 Date: 3/31/2007
Perf: $1,152.39 Date: 2/28/2007
Perf: $1,203.92 Date: 1/31/2007
Perf: $1,259.72 Date: 12/31/2006
Perf: $1,233.81 Date: 11/30/2006
Perf: $1,197.53 Date: 10/31/2006
Perf: $1,158.93 Date: 9/30/2006
Perf: $1,105.85 Date: 8/31/2006
Perf: $1,074.27 Date: 7/31/2006
Perf: $1,083.59 Date: 6/30/2006
Perf: $1,257.06 Date: 5/31/2006
Perf: $1,313.82 Date: 4/30/2006
Perf: $1,394.42 Date: 3/31/2006
Perf: $1,343.63 Date: 2/28/2006
Perf: $1,255.26 Date: 1/31/2006
Perf: $1,251.88 Date: 12/31/2005
Perf: $1,154.23 Date: 11/30/2005
Perf: $1,077.81 Date: 10/31/2005
Perf: $1,007.49 Date: 9/30/2005
Perf: $1,083.56 Date: 8/31/2005
Perf: $1,066.60 Date: 7/31/2005
Perf: $1,023.90 Date: 6/30/2005
Perf: $1,000.00
Note: All performance data is since program inception.

Monthly Returns
Date Range: 06/05 - 03/17
Date: 3/31/2017
Return: -4.57 % Date: 2/28/2017
Return: -5.58 % Date: 1/31/2017
Return: -3.91 % Date: 12/31/2016
Return: -3.47 % Date: 11/30/2016
Return: 2.97 % Date: 10/31/2016
Return: -0.20 % Date: 9/30/2016
Return: -8.25 % Date: 8/31/2016
Return: -3.44 % Date: 7/31/2016
Return: -0.74 % Date: 6/30/2016
Return: 3.76 % Date: 5/31/2016
Return: -3.13 % Date: 4/30/2016
Return: -2.78 % Date: 3/31/2016
Return: -1.92 % Date: 2/29/2016
Return: 4.11 % Date: 1/31/2016
Return: 9.39 % Date: 12/31/2015
Return: 3.33 % Date: 11/30/2015
Return: 4.56 % Date: 10/31/2015
Return: -5.72 % Date: 9/30/2015
Return: -4.11 % Date: 8/31/2015
Return: 1.61 % Date: 7/31/2015
Return: 3.06 % Date: 6/30/2015
Return: -3.96 % Date: 5/31/2015
Return: 0.12 % Date: 4/30/2015
Return: -3.07 % Date: 3/31/2015
Return: 1.44 % Date: 2/28/2015
Return: 2.36 % Date: 1/31/2015
Return: 3.47 % Date: 12/31/2014
Return: 2.00 % Date: 11/30/2014
Return: 6.51 % Date: 10/31/2014
Return: -0.40 % Date: 9/30/2014
Return: 5.01 % Date: 8/31/2014
Return: 1.04 % Date: 7/31/2014
Return: 6.11 % Date: 6/30/2014
Return: 2.05 % Date: 5/31/2014
Return: -4.98 % Date: 4/30/2014
Return: -3.29 % Date: 3/31/2014
Return: -1.15 % Date: 2/28/2014
Return: 11.52 % Date: 1/31/2014
Return: 0.24 % Date: 12/31/2013
Return: 1.17 % Date: 11/30/2013
Return: 0.46 % Date: 10/31/2013
Return: 2.10 % Date: 9/30/2013
Return: -7.32 % Date: 8/31/2013
Return: 0.07 % Date: 7/31/2013
Return: -0.02 % Date: 6/30/2013
Return: -0.32 % Date: 5/31/2013
Return: 2.34 % Date: 4/30/2013
Return: 3.70 % Date: 3/31/2013
Return: 4.20 % Date: 2/28/2013
Return: -4.17 % Date: 1/31/2013
Return: 7.60 % Date: 12/31/2012
Return: -1.99 % Date: 11/30/2012
Return: -0.18 % Date: 10/31/2012
Return: -3.08 % Date: 9/30/2012
Return: 9.96 % Date: 8/31/2012
Return: -2.66 % Date: 7/31/2012
Return: 1.50 % Date: 6/30/2012
Return: -2.30 % Date: 5/31/2012
Return: 9.92 % Date: 4/30/2012
Return: -3.15 % Date: 3/31/2012
Return: 0.96 % Date: 2/29/2012
Return: -4.19 % Date: 1/31/2012
Return: -2.42 % Date: 12/31/2011
Return: -1.51 % Date: 11/30/2011
Return: 0.63 % Date: 10/31/2011
Return: -5.80 % Date: 9/30/2011
Return: -0.56 % Date: 8/31/2011
Return: 3.16 % Date: 7/31/2011
Return: 4.15 % Date: 6/30/2011
Return: -7.01 % Date: 5/31/2011
Return: -3.02 % Date: 4/30/2011
Return: 6.18 % Date: 3/31/2011
Return: -1.81 % Date: 2/28/2011
Return: 2.57 % Date: 1/31/2011
Return: -2.18 % Date: 12/31/2010
Return: 7.48 % Date: 11/30/2010
Return: -2.45 % Date: 10/31/2010
Return: 2.74 % Date: 9/30/2010
Return: 2.93 % Date: 8/31/2010
Return: 5.84 % Date: 7/31/2010
Return: -1.25 % Date: 6/30/2010
Return: 2.02 % Date: 5/31/2010
Return: 2.34 % Date: 4/30/2010
Return: -2.82 % Date: 3/31/2010
Return: 2.65 % Date: 2/28/2010
Return: -0.70 % Date: 1/31/2010
Return: -3.72 % Date: 12/31/2009
Return: 2.21 % Date: 11/30/2009
Return: -5.50 % Date: 10/31/2009
Return: -2.08 % Date: 9/30/2009
Return: 1.00 % Date: 8/31/2009
Return: 2.89 % Date: 7/31/2009
Return: -4.32 % Date: 6/30/2009
Return: 0.00 % Date: 5/31/2009
Return: 0.00 % Date: 4/30/2009
Return: 0.00 % Date: 3/31/2009
Return: 0.00 % Date: 2/28/2009
Return: 0.00 % Date: 1/31/2009
Return: 0.00 % Date: 12/31/2008
Return: 0.00 % Date: 11/30/2008
Return: -0.38 % Date: 10/31/2008
Return: 5.25 % Date: 9/30/2008
Return: -11.64 % Date: 8/31/2008
Return: -1.81 % Date: 7/31/2008
Return: 2.02 % Date: 6/30/2008
Return: 7.08 % Date: 5/31/2008
Return: -3.21 % Date: 4/30/2008
Return: -2.38 % Date: 3/31/2008
Return: 3.98 % Date: 2/29/2008
Return: 12.10 % Date: 1/31/2008
Return: 11.76 % Date: 12/31/2007
Return: -0.44 % Date: 11/30/2007
Return: 6.73 % Date: 10/31/2007
Return: 1.44 % Date: 9/30/2007
Return: 12.07 % Date: 8/31/2007
Return: 1.85 % Date: 7/31/2007
Return: -4.35 % Date: 6/30/2007
Return: 2.50 % Date: 5/31/2007
Return: 1.33 % Date: 4/30/2007
Return: 4.21 % Date: 3/31/2007
Return: -4.28 % Date: 2/28/2007
Return: -4.43 % Date: 1/31/2007
Return: 2.10 % Date: 12/31/2006
Return: 3.03 % Date: 11/30/2006
Return: 3.33 % Date: 10/31/2006
Return: 4.80 % Date: 9/30/2006
Return: 2.94 % Date: 8/31/2006
Return: -0.86 % Date: 7/31/2006
Return: -13.80 % Date: 6/30/2006
Return: -4.32 % Date: 5/31/2006
Return: -5.78 % Date: 4/30/2006
Return: 3.78 % Date: 3/31/2006
Return: 7.04 % Date: 2/28/2006
Return: 0.27 % Date: 1/31/2006
Return: 8.46 % Date: 12/31/2005
Return: 7.09 % Date: 11/30/2005
Return: 6.98 % Date: 10/31/2005
Return: -7.02 % Date: 9/30/2005
Return: 1.59 % Date: 8/31/2005
Return: 4.17 % Date: 7/31/2005
Return: 2.39 % Date: 6/30/2005
Return: 0.00 %
Note: All performance data is since program inception.

Distribution of Monthly Returns
Date Range: 06/05 - 03/17
Return: -8.00 %
Count: 1 Return: 9.00 %
Count: 1 Return: 10.00 %
Count: 2 Return: 6.00 %
Count: 3 Return: -5.00 %
Count: 3 Return: -12.00 %
Count: 1 Return: -3.00 %
Count: 12 Return: -2.00 %
Count: 11 Return: 12.00 %
Count: 4 Return: 1.00 %
Count: 9 Return: 5.00 %
Count: 4 Return: 3.00 %
Count: 14 Return: -1.00 %
Count: 6 Return: -14.00 %
Count: 1 Return: -4.00 %
Count: 11 Return: -6.00 %
Count: 4 Return: 8.00 %
Count: 2 Return: 7.00 %
Count: 7 Return: -7.00 %
Count: 3 Return: 4.00 %
Count: 9 Return: 2.00 %
Count: 14 Return: 0.00 %
Count: 20
Note: All performance data is since program inception.

Underwater Curve
Date Range: 06/05 - 03/17
Date: 3/31/2017
Drawdown: -27.61 % Date: 2/28/2017
Drawdown: -24.15 % Date: 1/31/2017
Drawdown: -19.66 % Date: 12/31/2016
Drawdown: -16.39 % Date: 11/30/2016
Drawdown: -13.39 % Date: 10/31/2016
Drawdown: -15.89 % Date: 9/30/2016
Drawdown: -15.72 % Date: 8/31/2016
Drawdown: -8.14 % Date: 7/31/2016
Drawdown: -4.87 % Date: 6/30/2016
Drawdown: -4.16 % Date: 5/31/2016
Drawdown: -7.63 % Date: 4/30/2016
Drawdown: -4.65 % Date: 3/31/2016
Drawdown: -1.92 % Date: 2/29/2016
Drawdown: 0.00 % Date: 1/31/2016
Drawdown: 0.00 % Date: 12/31/2015
Drawdown: -4.67 % Date: 11/30/2015
Drawdown: -7.74 % Date: 10/31/2015
Drawdown: -11.76 % Date: 9/30/2015
Drawdown: -6.41 % Date: 8/31/2015
Drawdown: -2.40 % Date: 7/31/2015
Drawdown: -3.94 % Date: 6/30/2015
Drawdown: -6.80 % Date: 5/31/2015
Drawdown: -2.95 % Date: 4/30/2015
Drawdown: -3.07 % 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: -0.40 % Date: 9/30/2014
Drawdown: 0.00 % Date: 8/31/2014
Drawdown: -0.61 % Date: 7/31/2014
Drawdown: -1.64 % Date: 6/30/2014
Drawdown: -7.30 % Date: 5/31/2014
Drawdown: -9.16 % Date: 4/30/2014
Drawdown: -4.40 % Date: 3/31/2014
Drawdown: -1.15 % Date: 2/28/2014
Drawdown: 0.00 % Date: 1/31/2014
Drawdown: -3.86 % Date: 12/31/2013
Drawdown: -4.09 % Date: 11/30/2013
Drawdown: -5.20 % Date: 10/31/2013
Drawdown: -5.63 % Date: 9/30/2013
Drawdown: -7.57 % Date: 8/31/2013
Drawdown: -0.27 % Date: 7/31/2013
Drawdown: -0.34 % Date: 6/30/2013
Drawdown: -0.32 % Date: 5/31/2013
Drawdown: 0.00 % Date: 4/30/2013
Drawdown: 0.00 % Date: 3/31/2013
Drawdown: -2.26 % Date: 2/28/2013
Drawdown: -6.20 % Date: 1/31/2013
Drawdown: -2.11 % Date: 12/31/2012
Drawdown: -9.03 % Date: 11/30/2012
Drawdown: -7.18 % Date: 10/31/2012
Drawdown: -7.01 % Date: 9/30/2012
Drawdown: -4.06 % Date: 8/31/2012
Drawdown: -12.75 % Date: 7/31/2012
Drawdown: -10.36 % Date: 6/30/2012
Drawdown: -11.69 % Date: 5/31/2012
Drawdown: -9.61 % Date: 4/30/2012
Drawdown: -17.77 % Date: 3/31/2012
Drawdown: -15.09 % Date: 2/29/2012
Drawdown: -15.90 % Date: 1/31/2012
Drawdown: -12.22 % Date: 12/31/2011
Drawdown: -10.05 % Date: 11/30/2011
Drawdown: -8.67 % Date: 10/31/2011
Drawdown: -9.24 % Date: 9/30/2011
Drawdown: -3.65 % Date: 8/31/2011
Drawdown: -3.11 % Date: 7/31/2011
Drawdown: -6.08 % Date: 6/30/2011
Drawdown: -9.82 % Date: 5/31/2011
Drawdown: -3.02 % Date: 4/30/2011
Drawdown: 0.00 % Date: 3/31/2011
Drawdown: -2.75 % Date: 2/28/2011
Drawdown: -0.96 % Date: 1/31/2011
Drawdown: -3.44 % Date: 12/31/2010
Drawdown: -1.29 % Date: 11/30/2010
Drawdown: -8.16 % Date: 10/31/2010
Drawdown: -5.85 % Date: 9/30/2010
Drawdown: -8.36 % Date: 8/31/2010
Drawdown: -10.97 % Date: 7/31/2010
Drawdown: -15.88 % Date: 6/30/2010
Drawdown: -14.82 % Date: 5/31/2010
Drawdown: -16.50 % Date: 4/30/2010
Drawdown: -18.41 % Date: 3/31/2010
Drawdown: -16.04 % Date: 2/28/2010
Drawdown: -18.21 % Date: 1/31/2010
Drawdown: -17.64 % Date: 12/31/2009
Drawdown: -14.45 % Date: 11/30/2009
Drawdown: -16.30 % Date: 10/31/2009
Drawdown: -11.43 % Date: 9/30/2009
Drawdown: -9.55 % Date: 8/31/2009
Drawdown: -10.45 % Date: 7/31/2009
Drawdown: -12.96 % Date: 6/30/2009
Drawdown: -9.03 % Date: 5/31/2009
Drawdown: -9.03 % Date: 4/30/2009
Drawdown: -9.03 % Date: 3/31/2009
Drawdown: -9.03 % Date: 2/28/2009
Drawdown: -9.03 % Date: 1/31/2009
Drawdown: -9.03 % Date: 12/31/2008
Drawdown: -9.03 % Date: 11/30/2008
Drawdown: -9.03 % Date: 10/31/2008
Drawdown: -8.68 % Date: 9/30/2008
Drawdown: -13.24 % Date: 8/31/2008
Drawdown: -1.81 % Date: 7/31/2008
Drawdown: 0.00 % Date: 6/30/2008
Drawdown: 0.00 % Date: 5/31/2008
Drawdown: -5.51 % Date: 4/30/2008
Drawdown: -2.38 % Date: 3/31/2008
Drawdown: 0.00 % Date: 2/29/2008
Drawdown: 0.00 % Date: 1/31/2008
Drawdown: 0.00 % Date: 12/31/2007
Drawdown: -0.44 % Date: 11/30/2007
Drawdown: 0.00 % Date: 10/31/2007
Drawdown: -0.93 % Date: 9/30/2007
Drawdown: -2.34 % Date: 8/31/2007
Drawdown: -12.86 % Date: 7/31/2007
Drawdown: -14.44 % Date: 6/30/2007
Drawdown: -10.55 % Date: 5/31/2007
Drawdown: -12.73 % Date: 4/30/2007
Drawdown: -13.88 % Date: 3/31/2007
Drawdown: -17.36 % Date: 2/28/2007
Drawdown: -13.66 % Date: 1/31/2007
Drawdown: -9.66 % Date: 12/31/2006
Drawdown: -11.52 % Date: 11/30/2006
Drawdown: -14.12 % Date: 10/31/2006
Drawdown: -16.89 % Date: 9/30/2006
Drawdown: -20.69 % Date: 8/31/2006
Drawdown: -22.96 % Date: 7/31/2006
Drawdown: -22.29 % Date: 6/30/2006
Drawdown: -9.85 % Date: 5/31/2006
Drawdown: -5.78 % Date: 4/30/2006
Drawdown: 0.00 % Date: 3/31/2006
Drawdown: 0.00 % Date: 2/28/2006
Drawdown: 0.00 % Date: 1/31/2006
Drawdown: 0.00 % Date: 12/31/2005
Drawdown: 0.00 % Date: 11/30/2005
Drawdown: -0.53 % Date: 10/31/2005
Drawdown: -7.02 % Date: 9/30/2005
Drawdown: 0.00 % Date: 8/31/2005
Drawdown: 0.00 % Date: 7/31/2005
Drawdown: 0.00 %
Note: All performance data is since program inception.
Notes to Performance

Manager Information
Manager Name:  Acorn Global Investments Inc
Address: 1267 Cornwall Road, Suite 201
City: Oakville
State: ON
Zip: L6J 7T5
Country: Canada
Key People
Name:  Jason Russell
Position:  Chief Investment Officer
Biography: 

As founder of the Manager, Jason Russell serves as the Manager’s Chief Investment Officer. Jason is a veteran portfolio manager who brings more than 20 years of industry and alternative investment management experience to the firm.


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.