Altegris Clearing Solutions EMC Capital Advisors LLC EMC Alpha Plus Program *QEP*
Monthly Performance (%)
Date Range: 04/14 - 07/17
  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec YTD
2017 0.99 3.78 -1.86 0.72 2.07 -3.60 2.74 4.73
2016 5.26 4.24 -1.91 -2.08 -1.09 6.84 3.58 -2.50 0.34 -5.45 -4.53 1.36 3.26
2015 8.09 -0.47 1.64 -2.35 -0.38 -5.34 2.05 -5.15 1.54 2.67 1.75 -4.45 -1.22
2014 1.02 2.20 1.48 5.79 2.03 0.74 5.86 4.05 25.48
Note: Estimates appear in italics. All performance data is since program inception.
Strategy Description

The EMC Alpha Plus Program employs a multi-strategy approach to investing in alternatives and seeks to generate long term total returns in any market environment. The program employs propriety, stand-alone sub-strategies, including: Upside Capture, Unconstrained Interest Rates, Dynamic Commodities and Long/Short Global Financials. Within each sub-strategy are multiple trading systems with different return characteristics. Trading systems vary significantly between the sub-strategies.

Performance Statistics
Date Range: 04/14 - 07/17
  Program SP500 TR Altegris 40
Total Return 34.05% 41.53% 11.91%
Annualized Return 9.44% 10.98% 3.43%
Annualized Std. Deviation 11.82% 9.76% 8.95%
Correlation 0.12 0.85
Sharpe Ratio (rf=2.5%) 0.59 0.87 0.10
Worst Month -5.45% -6.03% -5.20%
Date of Worst Month 10/2016 08/2015 06/2015
Worst Drawdown -11.69% -8.35% -12.77%
Date of Worst Drawdown 7/16 - 11/16 7/15 - 9/15 3/15 - 6/17
Note: Estimates appear in italics. All performance data is since program inception.
Annual Performance (%)
Date Range: 04/14 - 07/17
Year or YTD Program SP500 TR Altegris 40
2017 4.73 11.60 -3.53
2016 3.26 11.98 -3.13
2015 -1.22 1.41 0.09
2014 25.48 10.86 18.75
Note: Estimates appear in italics. All performance data is since program inception.
Performance Comparison
Date Range: 04/14 - 07/17
Date: 7/31/2017
Perf: $1,110.68 Date: 6/30/2017
Perf: $1,106.37 Date: 5/31/2017
Perf: $1,139.65 Date: 4/30/2017
Perf: $1,137.49 Date: 3/31/2017
Perf: $1,144.35 Date: 2/28/2017
Perf: $1,161.31 Date: 1/31/2017
Perf: $1,136.53 Date: 12/31/2016
Perf: $1,151.38 Date: 11/30/2016
Perf: $1,142.70 Date: 10/31/2016
Perf: $1,155.41 Date: 9/30/2016
Perf: $1,186.01 Date: 8/31/2016
Perf: $1,201.51 Date: 7/31/2016
Perf: $1,234.72 Date: 6/30/2016
Perf: $1,222.25 Date: 5/31/2016
Perf: $1,172.43 Date: 4/30/2016
Perf: $1,193.31 Date: 3/31/2016
Perf: $1,224.03 Date: 2/29/2016
Perf: $1,260.20 Date: 1/31/2016
Perf: $1,229.94 Date: 12/31/2015
Perf: $1,188.58 Date: 11/30/2015
Perf: $1,216.56 Date: 10/31/2015
Perf: $1,176.45 Date: 9/30/2015
Perf: $1,197.28 Date: 8/31/2015
Perf: $1,171.85 Date: 7/31/2015
Perf: $1,192.48 Date: 6/30/2015
Perf: $1,147.61 Date: 5/31/2015
Perf: $1,210.56 Date: 4/30/2015
Perf: $1,219.34 Date: 3/31/2015
Perf: $1,268.29 Date: 2/28/2015
Perf: $1,240.87 Date: 1/31/2015
Perf: $1,242.86 Date: 12/31/2014
Perf: $1,187.52 Date: 11/30/2014
Perf: $1,166.98 Date: 10/31/2014
Perf: $1,101.44 Date: 9/30/2014
Perf: $1,085.49 Date: 8/31/2014
Perf: $1,069.55 Date: 7/31/2014
Perf: $1,026.14 Date: 6/30/2014
Perf: $1,034.42 Date: 5/31/2014
Perf: $1,025.60 Date: 4/30/2014
Perf: $1,000.00 Date: 7/31/2017
Perf: $1,404.95 Date: 6/30/2017
Perf: $1,376.59 Date: 5/31/2017
Perf: $1,368.11 Date: 4/30/2017
Perf: $1,349.09 Date: 3/31/2017
Perf: $1,335.34 Date: 2/28/2017
Perf: $1,333.74 Date: 1/31/2017
Perf: $1,282.81 Date: 12/31/2016
Perf: $1,258.89 Date: 11/30/2016
Perf: $1,234.45 Date: 10/31/2016
Perf: $1,190.40 Date: 9/30/2016
Perf: $1,212.47 Date: 8/31/2016
Perf: $1,212.23 Date: 7/31/2016
Perf: $1,210.53 Date: 6/30/2016
Perf: $1,167.45 Date: 5/31/2016
Perf: $1,164.43 Date: 4/30/2016
Perf: $1,143.84 Date: 3/31/2016
Perf: $1,139.39 Date: 2/29/2016
Perf: $1,067.05 Date: 1/31/2016
Perf: $1,068.44 Date: 12/31/2015
Perf: $1,124.20 Date: 11/30/2015
Perf: $1,142.24 Date: 10/31/2015
Perf: $1,138.83 Date: 9/30/2015
Perf: $1,050.19 Date: 8/31/2015
Perf: $1,076.79 Date: 7/31/2015
Perf: $1,145.88 Date: 6/30/2015
Perf: $1,122.32 Date: 5/31/2015
Perf: $1,144.52 Date: 4/30/2015
Perf: $1,129.94 Date: 3/31/2015
Perf: $1,119.20 Date: 2/28/2015
Perf: $1,137.17 Date: 1/31/2015
Perf: $1,075.33 Date: 12/31/2014
Perf: $1,108.59 Date: 11/30/2014
Perf: $1,111.37 Date: 10/31/2014
Perf: $1,082.26 Date: 9/30/2014
Perf: $1,056.48 Date: 8/31/2014
Perf: $1,071.48 Date: 7/31/2014
Perf: $1,030.27 Date: 6/30/2014
Perf: $1,044.69 Date: 5/31/2014
Perf: $1,023.50 Date: 4/30/2014
Perf: $1,000.00 Date: 7/31/2017
Perf: $1,340.48 Date: 6/30/2017
Perf: $1,304.73 Date: 5/31/2017
Perf: $1,353.45 Date: 4/30/2017
Perf: $1,326.00 Date: 3/31/2017
Perf: $1,316.52 Date: 2/28/2017
Perf: $1,341.47 Date: 1/31/2017
Perf: $1,292.61 Date: 12/31/2016
Perf: $1,279.94 Date: 11/30/2016
Perf: $1,262.77 Date: 10/31/2016
Perf: $1,322.69 Date: 9/30/2016
Perf: $1,398.93 Date: 8/31/2016
Perf: $1,394.19 Date: 7/31/2016
Perf: $1,429.94 Date: 6/30/2016
Perf: $1,380.51 Date: 5/31/2016
Perf: $1,292.13 Date: 4/30/2016
Perf: $1,306.37 Date: 3/31/2016
Perf: $1,334.12 Date: 2/29/2016
Perf: $1,360.10 Date: 1/31/2016
Perf: $1,304.78 Date: 12/31/2015
Perf: $1,239.57 Date: 11/30/2015
Perf: $1,297.31 Date: 10/31/2015
Perf: $1,274.99 Date: 9/30/2015
Perf: $1,241.84 Date: 8/31/2015
Perf: $1,223.00 Date: 7/31/2015
Perf: $1,289.41 Date: 6/30/2015
Perf: $1,263.50 Date: 5/31/2015
Perf: $1,334.78 Date: 4/30/2015
Perf: $1,339.87 Date: 3/31/2015
Perf: $1,372.12 Date: 2/28/2015
Perf: $1,349.98 Date: 1/31/2015
Perf: $1,356.35 Date: 12/31/2014
Perf: $1,254.84 Date: 11/30/2014
Perf: $1,205.99 Date: 10/31/2014
Perf: $1,139.23 Date: 9/30/2014
Perf: $1,130.87 Date: 8/31/2014
Perf: $1,108.37 Date: 7/31/2014
Perf: $1,047.70 Date: 6/30/2014
Perf: $1,032.42 Date: 5/31/2014
Perf: $1,010.20 Date: 4/30/2014
Perf: $1,000.00
Note: All performance data is since program inception.

Monthly Returns
Date Range: 04/14 - 07/17
Date: 7/31/2017
Return: 2.74 % Date: 6/30/2017
Return: -3.60 % Date: 5/31/2017
Return: 2.07 % Date: 4/30/2017
Return: 0.72 % Date: 3/31/2017
Return: -1.86 % Date: 2/28/2017
Return: 3.78 % Date: 1/31/2017
Return: 0.99 % Date: 12/31/2016
Return: 1.36 % Date: 11/30/2016
Return: -4.53 % Date: 10/31/2016
Return: -5.45 % Date: 9/30/2016
Return: 0.34 % Date: 8/31/2016
Return: -2.50 % Date: 7/31/2016
Return: 3.58 % Date: 6/30/2016
Return: 6.84 % Date: 5/31/2016
Return: -1.09 % Date: 4/30/2016
Return: -2.08 % Date: 3/31/2016
Return: -1.91 % Date: 2/29/2016
Return: 4.24 % Date: 1/31/2016
Return: 5.26 % Date: 12/31/2015
Return: -4.45 % Date: 11/30/2015
Return: 1.75 % Date: 10/31/2015
Return: 2.67 % Date: 9/30/2015
Return: 1.54 % Date: 8/31/2015
Return: -5.15 % Date: 7/31/2015
Return: 2.05 % Date: 6/30/2015
Return: -5.34 % Date: 5/31/2015
Return: -0.38 % Date: 4/30/2015
Return: -2.35 % Date: 3/31/2015
Return: 1.64 % Date: 2/28/2015
Return: -0.47 % Date: 1/31/2015
Return: 8.09 % Date: 12/31/2014
Return: 4.05 % Date: 11/30/2014
Return: 5.86 % Date: 10/31/2014
Return: 0.74 % Date: 9/30/2014
Return: 2.03 % Date: 8/31/2014
Return: 5.79 % Date: 7/31/2014
Return: 1.48 % Date: 6/30/2014
Return: 2.20 % Date: 5/31/2014
Return: 1.02 % Date: 4/30/2014
Return: 0.00 %
Note: All performance data is since program inception.

Distribution of Monthly Returns
Date Range: 04/14 - 07/17
Return: 7.00 %
Count: 1 Return: -1.00 %
Count: 1 Return: 5.00 %
Count: 1 Return: -4.00 %
Count: 2 Return: 3.00 %
Count: 2 Return: -5.00 %
Count: 4 Return: -2.00 %
Count: 5 Return: 8.00 %
Count: 1 Return: 4.00 %
Count: 4 Return: 6.00 %
Count: 2 Return: 2.00 %
Count: 7 Return: 1.00 %
Count: 6 Return: 0.00 %
Count: 4
Note: All performance data is since program inception.

Underwater Curve
Date Range: 04/14 - 07/17
Date: 7/31/2017
Drawdown: -6.26 % Date: 6/30/2017
Drawdown: -8.76 % Date: 5/31/2017
Drawdown: -5.35 % Date: 4/30/2017
Drawdown: -7.27 % Date: 3/31/2017
Drawdown: -7.93 % Date: 2/28/2017
Drawdown: -6.19 % Date: 1/31/2017
Drawdown: -9.60 % Date: 12/31/2016
Drawdown: -10.49 % Date: 11/30/2016
Drawdown: -11.69 % Date: 10/31/2016
Drawdown: -7.50 % Date: 9/30/2016
Drawdown: -2.17 % Date: 8/31/2016
Drawdown: -2.50 % Date: 7/31/2016
Drawdown: 0.00 % Date: 6/30/2016
Drawdown: 0.00 % Date: 5/31/2016
Drawdown: -5.83 % Date: 4/30/2016
Drawdown: -4.79 % Date: 3/31/2016
Drawdown: -2.77 % Date: 2/29/2016
Drawdown: -0.88 % Date: 1/31/2016
Drawdown: -4.91 % Date: 12/31/2015
Drawdown: -9.66 % Date: 11/30/2015
Drawdown: -5.45 % Date: 10/31/2015
Drawdown: -7.08 % Date: 9/30/2015
Drawdown: -9.49 % Date: 8/31/2015
Drawdown: -10.87 % Date: 7/31/2015
Drawdown: -6.03 % Date: 6/30/2015
Drawdown: -7.92 % Date: 5/31/2015
Drawdown: -2.72 % Date: 4/30/2015
Drawdown: -2.35 % Date: 3/31/2015
Drawdown: 0.00 % Date: 2/28/2015
Drawdown: -0.47 % 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: 0.00 % Date: 9/30/2014
Drawdown: 0.00 % 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 %
Note: All performance data is since program inception.
Notes to Performance

Manager Information
Manager Name:  EMC Capital Advisors LLC
Address: 2201 Waukegan Road Suite West 240
City: Bannockburn
State: IL
Zip: 60015
Country: USA
Key People
Name:  John C. Krautsack
Position:  Principal
Biography: 

John Krautsack, Chairman of EMC Capital Advisors, LLC has over 26 years experience in the futures industry and directs all investment activity at EMC. Mr. Krautsack oversees the research committee which develops EMC’s systematic, technical trend-following trading systems and is responsible for the daily management of the investment portfolio. Mr. Krautsack started his career in the futures industry in 1985 as an assistant to a prominent S&P 500 trader at the Chicago Mercantile Exchange. From 1989 to 1995, he managed trading operations for De Angelis Trading/Crown Capital Management, JPD Enterprises and ALH Capital. He joined EMC in 1995, overseeing trading and managing the portfolio until he assumed the role of Chairman in 2013.


Name:  Brian Proctor
Position:  Principal
Biography: 

Brian D. Proctor joined EMC in August 2005 and has served as Managing Director since July 2008, and Vice President, Director ofMarketing since August 2005. Mr. Proctor is active in trading, research, and business development for EMC.Mr. Proctor was employed by Morgan Stanley DWInc. as a Financial Advisor from July 2003 to July 2005 prior to joining EMC.Mr. Proctor holds a B.A. in Economics from Miami of Ohio University, and J.D. from John Marshall Law School. Mr. Proctor became registered as an Associated Person and listed as a Principal of EMC effective November 30, 2005 and July 7, 2008, respectively.


Name:  David F. Polli
Position:  Principal
Biography: 

David F. Polli joined EMC in October 2002 and has served as Managing Director, Research since July 2008, Director of Research since January 2006, and Director of IT and Senior Trader since October 2002. Mr. Polli directs research at EMC and is responsible for the design and integration of all trading and research platforms employed by EMC. Mr. Polli graduated with honors from the Illinois Institute of Technology with a B.S. in Computer and Electrical Engineering. Mr. Polli became registered as an Associated Person and listed as a Principal of EMC effective March 6, 2003 and July 7, 2008, respectively.


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.