Altegris Clearing Solutions Pinstripe Trading, LLC Standard Trading Program
Monthly Performance (%)
Date Range: 07/09 - 02/17
  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec YTD
2017 -0.40 0.00 -0.40
2016 0.00 -2.79 0.00 0.00 1.82 3.84 0.41 0.54 2.62 -1.84 4.61 -0.01 9.33
2015 -3.01 12.01 1.14 -0.17 1.61 1.46 3.87 -1.40 1.48 -0.32 0.00 0.00 17.15
2014 -6.87 2.17 4.85 2.18 0.71 0.15 0.80 0.01 -1.60 -3.30 0.00 2.80 1.39
2013 0.00 0.00 1.07 3.36 0.52 -2.01 4.41 -5.17 0.00 2.64 0.00 3.44 8.17
2012 0.00 0.00 3.94 0.50 -9.70 3.92 6.00 -0.52 -0.92 3.25 3.90 0.70 10.64
2011 1.79 1.60 2.90 0.48 4.07 1.27 -0.67 -10.66 5.95 0.00 0.00 0.00 5.96
2010 -2.24 2.57 0.00 2.60 -2.45 -3.64 1.13 0.00 0.00 1.71 -1.19 2.17 0.42
2009 3.01 2.57 -0.34 3.91 0.56 10.03
Note: Estimates appear in italics. All performance data is since program inception.
Strategy Description

The Pinstripe Standard Program employs a systematic approach to engage in the speculative trading of the S&P E-mini contact. This procedure and approach to a methodical form of trading was perfected by the founder Paul Taglia, a twenty year veteran of the markets who previously managed over $100 million in his prior fund. The scientific research led systematic trading strategies can hold long or short positions. The Program blends short term momentum and short term mean reversion strategies with a few longer term momentum and mean reversion strategies, incorporating multiple time frames and systems. The strategies generate three trades per month on average and each has a holding period of 3-5 trading days. Only infrequently will longer term trades trigger and their average hold will be 2-4 weeks. A prolonged parabolic move in either direction will keep the program idle and on the sidelines, thus not participating. Trade frequency is solely dictated by the systems and the trades they generate. One of Pinstripe's primary strengths is to follow our models and not use discretion. This rule is written in stone. Pinstripe's sole goal is to always protect capital. The moment a trade triggers, a stop is in place. When a stop is reached, the entire position is closed at one time. Managing and controlling portfolio risk is accomplished by the infrequency of trades that trigger on a monthly basis, let alone that overlap on a daily basis. Risk is further controlled by only trading one instrument. Pinstripe's highly efficient investment business with extremely low overhead allows us to be nimble, patient, and selective of when we trade (speculate). As such we never feel compelled to trade daily, weekly, or even monthly. Our sole focus and dedication is to only risk capital when the odds of success are overwhelmingly in our favor. Pinstripe's investment objective is to deliver long-term capital appreciation through compounded growth. The intention of the trading program is to consistently make money and keep draw-downs to a minimum. The targeted annual return for the Program is 16% (before fees), with a risk per trade of 2.50%. The Pinstripe Standard Program's track record has been achieved during several periods of high volatility and some difficult market conditions.

Performance Statistics
Date Range: 07/09 - 02/17
  Program SP500 TR Altegris 40
Total Return 81.21% 202.53% 13.14%
Annualized Return 8.15% 15.53% 1.62%
Annualized Std. Deviation 10.44% 12.54% 8.85%
Correlation 0.38 0.06
Sharpe Ratio (rf=2.5%) 0.54 1.04 -0.10
Worst Month -10.66% -7.99% -5.20%
Date of Worst Month 08/2011 05/2010 06/2015
Worst Drawdown -11.31% -16.26% -15.74%
Date of Worst Drawdown 6/11 - 5/12 4/11 - 9/11 4/11 - 9/13
Note: Estimates appear in italics. All performance data is since program inception.
Annual Performance (%)
Date Range: 07/09 - 02/17
Year or YTD Program SP500 TR Altegris 40
2017 -0.40 5.95 0.86
2016 9.33 11.98 -3.13
2015 17.15 1.41 0.09
2014 1.39 13.69 15.75
2013 8.17 32.41 -2.45
2012 10.64 15.98 -4.75
2011 5.96 2.12 -3.23
2010 0.42 15.06 11.33
2009 10.03 13.96 -0.04
Note: Estimates appear in italics. All performance data is since program inception.
Performance Comparison
Date Range: 07/09 - 02/17
Date: 2/28/2017
Perf: $1,132.67 Date: 1/31/2017
Perf: $1,108.50 Date: 12/31/2016
Perf: $1,122.99 Date: 11/30/2016
Perf: $1,114.52 Date: 10/31/2016
Perf: $1,126.92 Date: 9/30/2016
Perf: $1,156.76 Date: 8/31/2016
Perf: $1,171.88 Date: 7/31/2016
Perf: $1,204.27 Date: 6/30/2016
Perf: $1,192.11 Date: 5/31/2016
Perf: $1,143.51 Date: 4/30/2016
Perf: $1,163.88 Date: 3/31/2016
Perf: $1,193.85 Date: 2/29/2016
Perf: $1,229.12 Date: 1/31/2016
Perf: $1,199.61 Date: 12/31/2015
Perf: $1,159.27 Date: 11/30/2015
Perf: $1,186.56 Date: 10/31/2015
Perf: $1,147.43 Date: 9/30/2015
Perf: $1,167.75 Date: 8/31/2015
Perf: $1,142.95 Date: 7/31/2015
Perf: $1,163.07 Date: 6/30/2015
Perf: $1,119.31 Date: 5/31/2015
Perf: $1,180.70 Date: 4/30/2015
Perf: $1,189.27 Date: 3/31/2015
Perf: $1,237.02 Date: 2/28/2015
Perf: $1,210.27 Date: 1/31/2015
Perf: $1,212.21 Date: 12/31/2014
Perf: $1,158.23 Date: 11/30/2014
Perf: $1,138.20 Date: 10/31/2014
Perf: $1,074.28 Date: 9/30/2014
Perf: $1,058.72 Date: 8/31/2014
Perf: $1,043.18 Date: 7/31/2014
Perf: $1,000.84 Date: 6/30/2014
Perf: $1,008.91 Date: 5/31/2014
Perf: $1,000.31 Date: 4/30/2014
Perf: $975.34 Date: 3/31/2014
Perf: $967.98 Date: 2/28/2014
Perf: $982.52 Date: 1/31/2014
Perf: $974.53 Date: 12/31/2013
Perf: $1,000.65 Date: 11/30/2013
Perf: $1,002.05 Date: 10/31/2013
Perf: $984.24 Date: 9/30/2013
Perf: $962.20 Date: 8/31/2013
Perf: $968.01 Date: 7/31/2013
Perf: $986.96 Date: 6/30/2013
Perf: $995.62 Date: 5/31/2013
Perf: $1,034.84 Date: 4/30/2013
Perf: $1,081.34 Date: 3/31/2013
Perf: $1,054.15 Date: 2/28/2013
Perf: $1,039.18 Date: 1/31/2013
Perf: $1,045.24 Date: 12/31/2012
Perf: $1,025.75 Date: 11/30/2012
Perf: $1,020.75 Date: 10/31/2012
Perf: $1,017.90 Date: 9/30/2012
Perf: $1,056.13 Date: 8/31/2012
Perf: $1,073.85 Date: 7/31/2012
Perf: $1,088.66 Date: 6/30/2012
Perf: $1,045.88 Date: 5/31/2012
Perf: $1,086.74 Date: 4/30/2012
Perf: $1,066.48 Date: 3/31/2012
Perf: $1,060.12 Date: 2/29/2012
Perf: $1,084.74 Date: 1/31/2012
Perf: $1,080.31 Date: 12/31/2011
Perf: $1,076.87 Date: 11/30/2011
Perf: $1,066.63 Date: 10/31/2011
Perf: $1,063.44 Date: 9/30/2011
Perf: $1,107.29 Date: 8/31/2011
Perf: $1,107.95 Date: 7/31/2011
Perf: $1,110.17 Date: 6/30/2011
Perf: $1,071.70 Date: 5/31/2011
Perf: $1,100.31 Date: 4/30/2011
Perf: $1,141.99 Date: 3/31/2011
Perf: $1,099.12 Date: 2/28/2011
Perf: $1,116.20 Date: 1/31/2011
Perf: $1,097.54 Date: 12/31/2010
Perf: $1,112.79 Date: 11/30/2010
Perf: $1,067.01 Date: 10/31/2010
Perf: $1,106.17 Date: 9/30/2010
Perf: $1,064.86 Date: 8/31/2010
Perf: $1,045.82 Date: 7/31/2010
Perf: $1,004.25 Date: 6/30/2010
Perf: $1,017.37 Date: 5/31/2010
Perf: $1,013.52 Date: 4/30/2010
Perf: $1,038.65 Date: 3/31/2010
Perf: $1,022.90 Date: 2/28/2010
Perf: $983.84 Date: 1/31/2010
Perf: $974.68 Date: 12/31/2009
Perf: $999.57 Date: 11/30/2009
Perf: $1,041.22 Date: 10/31/2009
Perf: $1,000.88 Date: 9/30/2009
Perf: $1,027.18 Date: 8/31/2009
Perf: $1,003.30 Date: 7/31/2009
Perf: $1,000.00 Date: 2/28/2017
Perf: $2,812.66 Date: 1/31/2017
Perf: $2,705.26 Date: 12/31/2016
Perf: $2,654.81 Date: 11/30/2016
Perf: $2,603.27 Date: 10/31/2016
Perf: $2,510.39 Date: 9/30/2016
Perf: $2,556.92 Date: 8/31/2016
Perf: $2,556.41 Date: 7/31/2016
Perf: $2,552.84 Date: 6/30/2016
Perf: $2,461.99 Date: 5/31/2016
Perf: $2,455.60 Date: 4/30/2016
Perf: $2,412.19 Date: 3/31/2016
Perf: $2,402.81 Date: 2/29/2016
Perf: $2,250.25 Date: 1/31/2016
Perf: $2,253.18 Date: 12/31/2015
Perf: $2,370.77 Date: 11/30/2015
Perf: $2,408.83 Date: 10/31/2015
Perf: $2,401.62 Date: 9/30/2015
Perf: $2,214.70 Date: 8/31/2015
Perf: $2,270.79 Date: 7/31/2015
Perf: $2,416.50 Date: 6/30/2015
Perf: $2,366.80 Date: 5/31/2015
Perf: $2,413.63 Date: 4/30/2015
Perf: $2,382.89 Date: 3/31/2015
Perf: $2,360.23 Date: 2/28/2015
Perf: $2,398.12 Date: 1/31/2015
Perf: $2,267.72 Date: 12/31/2014
Perf: $2,337.86 Date: 11/30/2014
Perf: $2,343.72 Date: 10/31/2014
Perf: $2,282.32 Date: 9/30/2014
Perf: $2,227.96 Date: 8/31/2014
Perf: $2,259.60 Date: 7/31/2014
Perf: $2,172.69 Date: 6/30/2014
Perf: $2,203.09 Date: 5/31/2014
Perf: $2,158.41 Date: 4/30/2014
Perf: $2,108.85 Date: 3/31/2014
Perf: $2,093.36 Date: 2/28/2014
Perf: $2,075.93 Date: 1/31/2014
Perf: $1,985.20 Date: 12/31/2013
Perf: $2,056.35 Date: 11/30/2013
Perf: $2,005.61 Date: 10/31/2013
Perf: $1,946.25 Date: 9/30/2013
Perf: $1,860.66 Date: 8/31/2013
Perf: $1,804.01 Date: 7/31/2013
Perf: $1,857.89 Date: 6/30/2013
Perf: $1,767.91 Date: 5/31/2013
Perf: $1,791.92 Date: 4/30/2013
Perf: $1,750.95 Date: 3/31/2013
Perf: $1,717.79 Date: 2/28/2013
Perf: $1,655.70 Date: 1/31/2013
Perf: $1,633.49 Date: 12/31/2012
Perf: $1,553.04 Date: 11/30/2012
Perf: $1,539.04 Date: 10/31/2012
Perf: $1,530.16 Date: 9/30/2012
Perf: $1,559.00 Date: 8/31/2012
Perf: $1,519.79 Date: 7/31/2012
Perf: $1,486.35 Date: 6/30/2012
Perf: $1,465.97 Date: 5/31/2012
Perf: $1,407.96 Date: 4/30/2012
Perf: $1,497.99 Date: 3/31/2012
Perf: $1,507.49 Date: 2/29/2012
Perf: $1,459.47 Date: 1/31/2012
Perf: $1,399.03 Date: 12/31/2011
Perf: $1,339.05 Date: 11/30/2011
Perf: $1,325.53 Date: 10/31/2011
Perf: $1,328.45 Date: 9/30/2011
Perf: $1,197.55 Date: 8/31/2011
Perf: $1,288.11 Date: 7/31/2011
Perf: $1,362.07 Date: 6/30/2011
Perf: $1,390.29 Date: 5/31/2011
Perf: $1,413.90 Date: 4/30/2011
Perf: $1,430.06 Date: 3/31/2011
Perf: $1,388.95 Date: 2/28/2011
Perf: $1,388.40 Date: 1/31/2011
Perf: $1,342.35 Date: 12/31/2010
Perf: $1,311.28 Date: 11/30/2010
Perf: $1,229.17 Date: 10/31/2010
Perf: $1,229.04 Date: 9/30/2010
Perf: $1,183.94 Date: 8/31/2010
Perf: $1,086.98 Date: 7/31/2010
Perf: $1,138.32 Date: 6/30/2010
Perf: $1,063.75 Date: 5/31/2010
Perf: $1,122.45 Date: 4/30/2010
Perf: $1,219.92 Date: 3/31/2010
Perf: $1,200.95 Date: 2/28/2010
Perf: $1,132.65 Date: 1/31/2010
Perf: $1,098.59 Date: 12/31/2009
Perf: $1,139.62 Date: 11/30/2009
Perf: $1,118.04 Date: 10/31/2009
Perf: $1,054.76 Date: 9/30/2009
Perf: $1,074.75 Date: 8/31/2009
Perf: $1,036.10 Date: 7/31/2009
Perf: $1,000.00 Date: 2/28/2017
Perf: $1,812.08 Date: 1/31/2017
Perf: $1,812.08 Date: 12/31/2016
Perf: $1,819.35 Date: 11/30/2016
Perf: $1,819.54 Date: 10/31/2016
Perf: $1,739.35 Date: 9/30/2016
Perf: $1,771.96 Date: 8/31/2016
Perf: $1,726.72 Date: 7/31/2016
Perf: $1,717.44 Date: 6/30/2016
Perf: $1,710.43 Date: 5/31/2016
Perf: $1,647.18 Date: 4/30/2016
Perf: $1,617.73 Date: 3/31/2016
Perf: $1,617.73 Date: 2/29/2016
Perf: $1,617.73 Date: 1/31/2016
Perf: $1,664.16 Date: 12/31/2015
Perf: $1,664.16 Date: 11/30/2015
Perf: $1,664.16 Date: 10/31/2015
Perf: $1,664.16 Date: 9/30/2015
Perf: $1,669.51 Date: 8/31/2015
Perf: $1,645.16 Date: 7/31/2015
Perf: $1,668.52 Date: 6/30/2015
Perf: $1,606.35 Date: 5/31/2015
Perf: $1,583.24 Date: 4/30/2015
Perf: $1,558.15 Date: 3/31/2015
Perf: $1,560.80 Date: 2/28/2015
Perf: $1,543.21 Date: 1/31/2015
Perf: $1,377.74 Date: 12/31/2014
Perf: $1,420.50 Date: 11/30/2014
Perf: $1,381.81 Date: 10/31/2014
Perf: $1,381.81 Date: 9/30/2014
Perf: $1,428.97 Date: 8/31/2014
Perf: $1,452.20 Date: 7/31/2014
Perf: $1,452.06 Date: 6/30/2014
Perf: $1,440.53 Date: 5/31/2014
Perf: $1,438.37 Date: 4/30/2014
Perf: $1,428.23 Date: 3/31/2014
Perf: $1,397.76 Date: 2/28/2014
Perf: $1,333.11 Date: 1/31/2014
Perf: $1,304.79 Date: 12/31/2013
Perf: $1,401.05 Date: 11/30/2013
Perf: $1,354.45 Date: 10/31/2013
Perf: $1,354.45 Date: 9/30/2013
Perf: $1,319.61 Date: 8/31/2013
Perf: $1,319.61 Date: 7/31/2013
Perf: $1,391.56 Date: 6/30/2013
Perf: $1,332.78 Date: 5/31/2013
Perf: $1,360.12 Date: 4/30/2013
Perf: $1,353.08 Date: 3/31/2013
Perf: $1,309.10 Date: 2/28/2013
Perf: $1,295.24 Date: 1/31/2013
Perf: $1,295.24 Date: 12/31/2012
Perf: $1,295.24 Date: 11/30/2012
Perf: $1,286.24 Date: 10/31/2012
Perf: $1,237.96 Date: 9/30/2012
Perf: $1,198.99 Date: 8/31/2012
Perf: $1,210.12 Date: 7/31/2012
Perf: $1,216.45 Date: 6/30/2012
Perf: $1,147.59 Date: 5/31/2012
Perf: $1,104.30 Date: 4/30/2012
Perf: $1,222.93 Date: 3/31/2012
Perf: $1,216.84 Date: 2/29/2012
Perf: $1,170.72 Date: 1/31/2012
Perf: $1,170.72 Date: 12/31/2011
Perf: $1,170.72 Date: 11/30/2011
Perf: $1,170.72 Date: 10/31/2011
Perf: $1,170.72 Date: 9/30/2011
Perf: $1,170.72 Date: 8/31/2011
Perf: $1,104.97 Date: 7/31/2011
Perf: $1,236.82 Date: 6/30/2011
Perf: $1,245.16 Date: 5/31/2011
Perf: $1,229.54 Date: 4/30/2011
Perf: $1,181.46 Date: 3/31/2011
Perf: $1,175.81 Date: 2/28/2011
Perf: $1,142.68 Date: 1/31/2011
Perf: $1,124.68 Date: 12/31/2010
Perf: $1,104.90 Date: 11/30/2010
Perf: $1,081.44 Date: 10/31/2010
Perf: $1,094.46 Date: 9/30/2010
Perf: $1,076.06 Date: 8/31/2010
Perf: $1,076.06 Date: 7/31/2010
Perf: $1,076.06 Date: 6/30/2010
Perf: $1,064.04 Date: 5/31/2010
Perf: $1,104.23 Date: 4/30/2010
Perf: $1,131.96 Date: 3/31/2010
Perf: $1,103.28 Date: 2/28/2010
Perf: $1,103.28 Date: 1/31/2010
Perf: $1,075.63 Date: 12/31/2009
Perf: $1,100.28 Date: 11/30/2009
Perf: $1,094.15 Date: 10/31/2009
Perf: $1,052.98 Date: 9/30/2009
Perf: $1,056.57 Date: 8/31/2009
Perf: $1,030.10 Date: 7/31/2009
Perf: $1,000.00
Note: All performance data is since program inception.

Monthly Returns
Date Range: 07/09 - 02/17
Date: 2/28/2017
Return: 0.00 % Date: 1/31/2017
Return: -0.40 % Date: 12/31/2016
Return: -0.01 % Date: 11/30/2016
Return: 4.61 % Date: 10/31/2016
Return: -1.84 % Date: 9/30/2016
Return: 2.62 % Date: 8/31/2016
Return: 0.54 % Date: 7/31/2016
Return: 0.41 % Date: 6/30/2016
Return: 3.84 % Date: 5/31/2016
Return: 1.82 % Date: 4/30/2016
Return: 0.00 % Date: 3/31/2016
Return: 0.00 % Date: 2/29/2016
Return: -2.79 % Date: 1/31/2016
Return: 0.00 % Date: 12/31/2015
Return: 0.00 % Date: 11/30/2015
Return: 0.00 % Date: 10/31/2015
Return: -0.32 % Date: 9/30/2015
Return: 1.48 % Date: 8/31/2015
Return: -1.40 % Date: 7/31/2015
Return: 3.87 % Date: 6/30/2015
Return: 1.46 % Date: 5/31/2015
Return: 1.61 % Date: 4/30/2015
Return: -0.17 % Date: 3/31/2015
Return: 1.14 % Date: 2/28/2015
Return: 12.01 % Date: 1/31/2015
Return: -3.01 % Date: 12/31/2014
Return: 2.80 % Date: 11/30/2014
Return: 0.00 % Date: 10/31/2014
Return: -3.30 % Date: 9/30/2014
Return: -1.60 % Date: 8/31/2014
Return: 0.01 % Date: 7/31/2014
Return: 0.80 % Date: 6/30/2014
Return: 0.15 % Date: 5/31/2014
Return: 0.71 % Date: 4/30/2014
Return: 2.18 % Date: 3/31/2014
Return: 4.85 % Date: 2/28/2014
Return: 2.17 % Date: 1/31/2014
Return: -6.87 % Date: 12/31/2013
Return: 3.44 % Date: 11/30/2013
Return: 0.00 % Date: 10/31/2013
Return: 2.64 % Date: 9/30/2013
Return: 0.00 % Date: 8/31/2013
Return: -5.17 % Date: 7/31/2013
Return: 4.41 % Date: 6/30/2013
Return: -2.01 % Date: 5/31/2013
Return: 0.52 % Date: 4/30/2013
Return: 3.36 % Date: 3/31/2013
Return: 1.07 % Date: 2/28/2013
Return: 0.00 % Date: 1/31/2013
Return: 0.00 % Date: 12/31/2012
Return: 0.70 % Date: 11/30/2012
Return: 3.90 % Date: 10/31/2012
Return: 3.25 % Date: 9/30/2012
Return: -0.92 % Date: 8/31/2012
Return: -0.52 % Date: 7/31/2012
Return: 6.00 % Date: 6/30/2012
Return: 3.92 % Date: 5/31/2012
Return: -9.70 % Date: 4/30/2012
Return: 0.50 % Date: 3/31/2012
Return: 3.94 % Date: 2/29/2012
Return: 0.00 % Date: 1/31/2012
Return: 0.00 % Date: 12/31/2011
Return: 0.00 % Date: 11/30/2011
Return: 0.00 % Date: 10/31/2011
Return: 0.00 % Date: 9/30/2011
Return: 5.95 % Date: 8/31/2011
Return: -10.66 % Date: 7/31/2011
Return: -0.67 % Date: 6/30/2011
Return: 1.27 % Date: 5/31/2011
Return: 4.07 % Date: 4/30/2011
Return: 0.48 % Date: 3/31/2011
Return: 2.90 % Date: 2/28/2011
Return: 1.60 % Date: 1/31/2011
Return: 1.79 % Date: 12/31/2010
Return: 2.17 % Date: 11/30/2010
Return: -1.19 % Date: 10/31/2010
Return: 1.71 % Date: 9/30/2010
Return: 0.00 % Date: 8/31/2010
Return: 0.00 % Date: 7/31/2010
Return: 1.13 % Date: 6/30/2010
Return: -3.64 % Date: 5/31/2010
Return: -2.45 % Date: 4/30/2010
Return: 2.60 % Date: 3/31/2010
Return: 0.00 % Date: 2/28/2010
Return: 2.57 % Date: 1/31/2010
Return: -2.24 % Date: 12/31/2009
Return: 0.56 % Date: 11/30/2009
Return: 3.91 % Date: 10/31/2009
Return: -0.34 % Date: 9/30/2009
Return: 2.57 % Date: 8/31/2009
Return: 3.01 % Date: 7/31/2009
Return: 0.00 %
Note: All performance data is since program inception.

Distribution of Monthly Returns
Date Range: 07/09 - 02/17
Return: 12.00 %
Count: 1 Return: -3.00 %
Count: 3 Return: 5.00 %
Count: 2 Return: -7.00 %
Count: 1 Return: -5.00 %
Count: 1 Return: -10.00 %
Count: 1 Return: 6.00 %
Count: 2 Return: -11.00 %
Count: 1 Return: -1.00 %
Count: 5 Return: 2.00 %
Count: 8 Return: -4.00 %
Count: 1 Return: -2.00 %
Count: 5 Return: 1.00 %
Count: 12 Return: 4.00 %
Count: 8 Return: 3.00 %
Count: 11 Return: 0.00 %
Count: 30
Note: All performance data is since program inception.

Underwater Curve
Date Range: 07/09 - 02/17
Date: 2/28/2017
Drawdown: -0.41 % Date: 1/31/2017
Drawdown: -0.41 % Date: 12/31/2016
Drawdown: -0.01 % Date: 11/30/2016
Drawdown: 0.00 % Date: 10/31/2016
Drawdown: -1.84 % Date: 9/30/2016
Drawdown: 0.00 % Date: 8/31/2016
Drawdown: 0.00 % Date: 7/31/2016
Drawdown: 0.00 % Date: 6/30/2016
Drawdown: 0.00 % Date: 5/31/2016
Drawdown: -1.34 % Date: 4/30/2016
Drawdown: -3.10 % Date: 3/31/2016
Drawdown: -3.10 % Date: 2/29/2016
Drawdown: -3.10 % Date: 1/31/2016
Drawdown: -0.32 % Date: 12/31/2015
Drawdown: -0.32 % Date: 11/30/2015
Drawdown: -0.32 % Date: 10/31/2015
Drawdown: -0.32 % Date: 9/30/2015
Drawdown: 0.00 % Date: 8/31/2015
Drawdown: -1.40 % 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: -0.17 % Date: 3/31/2015
Drawdown: 0.00 % Date: 2/28/2015
Drawdown: 0.00 % Date: 1/31/2015
Drawdown: -5.13 % Date: 12/31/2014
Drawdown: -2.18 % Date: 11/30/2014
Drawdown: -4.85 % Date: 10/31/2014
Drawdown: -4.85 % Date: 9/30/2014
Drawdown: -1.60 % Date: 8/31/2014
Drawdown: 0.00 % Date: 7/31/2014
Drawdown: 0.00 % 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: -0.23 % Date: 2/28/2014
Drawdown: -4.85 % Date: 1/31/2014
Drawdown: -6.87 % Date: 12/31/2013
Drawdown: 0.00 % Date: 11/30/2013
Drawdown: -2.67 % Date: 10/31/2013
Drawdown: -2.67 % Date: 9/30/2013
Drawdown: -5.17 % Date: 8/31/2013
Drawdown: -5.17 % Date: 7/31/2013
Drawdown: 0.00 % Date: 6/30/2013
Drawdown: -2.01 % 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: -0.58 % Date: 9/30/2012
Drawdown: -3.71 % Date: 8/31/2012
Drawdown: -2.81 % Date: 7/31/2012
Drawdown: -2.31 % Date: 6/30/2012
Drawdown: -7.84 % Date: 5/31/2012
Drawdown: -11.31 % Date: 4/30/2012
Drawdown: -1.79 % Date: 3/31/2012
Drawdown: -2.27 % Date: 2/29/2012
Drawdown: -5.98 % Date: 1/31/2012
Drawdown: -5.98 % Date: 12/31/2011
Drawdown: -5.98 % Date: 11/30/2011
Drawdown: -5.98 % Date: 10/31/2011
Drawdown: -5.98 % Date: 9/30/2011
Drawdown: -5.98 % Date: 8/31/2011
Drawdown: -11.26 % Date: 7/31/2011
Drawdown: -0.67 % 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: -0.64 % Date: 12/31/2010
Drawdown: -2.39 % Date: 11/30/2010
Drawdown: -4.46 % Date: 10/31/2010
Drawdown: -3.31 % Date: 9/30/2010
Drawdown: -4.94 % Date: 8/31/2010
Drawdown: -4.94 % Date: 7/31/2010
Drawdown: -4.94 % Date: 6/30/2010
Drawdown: -6.00 % Date: 5/31/2010
Drawdown: -2.45 % 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: -2.24 % Date: 12/31/2009
Drawdown: 0.00 % Date: 11/30/2009
Drawdown: 0.00 % Date: 10/31/2009
Drawdown: -0.34 % Date: 9/30/2009
Drawdown: 0.00 % Date: 8/31/2009
Drawdown: 0.00 %
Note: All performance data is since program inception.
Notes to Performance

Manager Information
Manager Name:  Pinstripe Trading, LLC
Address: 1000 Quail St, Suite #210
City: Newport Beach
State: CA
Zip: 92660-9037
Country: United States
Key People

Employee information is not available.
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.