Altegris Clearing Solutions Vision Capital Management, LLC Neptune
Monthly Performance (%)
Date Range: 01/12 - 02/17
  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec YTD
2017 5.47 1.19 6.73
2016 2.95 5.14 -16.33 -8.50 -1.24 10.21 -8.16 -2.02 8.32 1.21 -0.91 -6.87 -17.89
2015 3.20 -2.64 6.28 -10.00 1.24 -3.63 -0.82 -5.86 2.17 0.44 10.10 -4.30 -5.34
2014 0.25 1.09 0.51 1.75 0.98 6.23 -0.31 4.97 4.68 -3.12 8.62 7.93 38.32
2013 0.64 0.96 -3.53 -2.08 -1.16 -0.52 -3.59 -1.02 1.27 6.78 -1.19 1.89 -1.96
2012 0.20 -0.16 0.14 -4.73 6.73 2.37 0.11 4.74 -6.00 -10.61 12.71 3.55
Note: Estimates appear in italics. All performance data is since program inception.
Strategy Description

Vision Capital is a research driven investment firm specializing in alternative investment strategies. We seek to achieve positive absolute returns through a multi-strategy approach, which is applied across a highly diversified portfolio. Both quantitative and discretionary styles are applied as we believe that optimal diversification can only come by creating a multi-dimensional diversification investment approach being highly diversified not only in the number of markets, sectors and geography of those markets but also by investment styles and trading strategies within those styles and by not relying on just one time horizon. Finally risk management is critical to the long-term success of any investment. Vision Capital follows a strict and discipline approach to risk management imposing limits to market, sector, strategy, trading style and total portfolio risk levels.

Performance Statistics
Date Range: 01/12 - 02/17
  Program SP500 TR Altegris 40
Total Return 16.50% 110.05% 5.18%
Annualized Return 3.05% 15.45% 0.98%
Annualized Std. Deviation 18.57% 10.19% 8.64%
Correlation -0.05 0.43
Sharpe Ratio (rf=2.5%) 0.03 1.27 -0.18
Worst Month -16.33% -6.03% -5.20%
Date of Worst Month 03/2016 08/2015 06/2015
Worst Drawdown -28.05% -8.35% -11.62%
Date of Worst Drawdown 3/15 - 8/16 7/15 - 9/15 7/12 - 9/13
Note: Estimates appear in italics. All performance data is since program inception.
Annual Performance (%)
Date Range: 01/12 - 02/17
Year or YTD Program SP500 TR Altegris 40
2017 6.73 5.95 0.86
2016 -17.89 11.98 -3.13
2015 -5.34 1.41 0.09
2014 38.32 13.69 15.75
2013 -1.96 32.41 -2.45
2012 3.55 11.01 -5.05
Note: Estimates appear in italics. All performance data is since program inception.
Performance Comparison
Date Range: 01/12 - 02/17
Date: 2/28/2017
Perf: $1,048.46 Date: 1/31/2017
Perf: $1,026.09 Date: 12/31/2016
Perf: $1,039.50 Date: 11/30/2016
Perf: $1,031.66 Date: 10/31/2016
Perf: $1,043.14 Date: 9/30/2016
Perf: $1,070.76 Date: 8/31/2016
Perf: $1,084.76 Date: 7/31/2016
Perf: $1,114.74 Date: 6/30/2016
Perf: $1,103.49 Date: 5/31/2016
Perf: $1,058.50 Date: 4/30/2016
Perf: $1,077.36 Date: 3/31/2016
Perf: $1,105.09 Date: 2/29/2016
Perf: $1,137.75 Date: 1/31/2016
Perf: $1,110.43 Date: 12/31/2015
Perf: $1,073.09 Date: 11/30/2015
Perf: $1,098.35 Date: 10/31/2015
Perf: $1,062.13 Date: 9/30/2015
Perf: $1,080.94 Date: 8/31/2015
Perf: $1,057.98 Date: 7/31/2015
Perf: $1,076.61 Date: 6/30/2015
Perf: $1,036.09 Date: 5/31/2015
Perf: $1,092.93 Date: 4/30/2015
Perf: $1,100.85 Date: 3/31/2015
Perf: $1,145.05 Date: 2/28/2015
Perf: $1,120.29 Date: 1/31/2015
Perf: $1,122.09 Date: 12/31/2014
Perf: $1,072.13 Date: 11/30/2014
Perf: $1,053.58 Date: 10/31/2014
Perf: $994.42 Date: 9/30/2014
Perf: $980.01 Date: 8/31/2014
Perf: $965.62 Date: 7/31/2014
Perf: $926.43 Date: 6/30/2014
Perf: $933.91 Date: 5/31/2014
Perf: $925.94 Date: 4/30/2014
Perf: $902.83 Date: 3/31/2014
Perf: $896.02 Date: 2/28/2014
Perf: $909.48 Date: 1/31/2014
Perf: $902.08 Date: 12/31/2013
Perf: $926.26 Date: 11/30/2013
Perf: $927.56 Date: 10/31/2013
Perf: $911.07 Date: 9/30/2013
Perf: $890.67 Date: 8/31/2013
Perf: $896.05 Date: 7/31/2013
Perf: $913.59 Date: 6/30/2013
Perf: $921.61 Date: 5/31/2013
Perf: $957.91 Date: 4/30/2013
Perf: $1,000.95 Date: 3/31/2013
Perf: $975.78 Date: 2/28/2013
Perf: $961.92 Date: 1/31/2013
Perf: $967.54 Date: 12/31/2012
Perf: $949.50 Date: 11/30/2012
Perf: $944.87 Date: 10/31/2012
Perf: $942.23 Date: 9/30/2012
Perf: $977.62 Date: 8/31/2012
Perf: $994.02 Date: 7/31/2012
Perf: $1,007.72 Date: 6/30/2012
Perf: $968.13 Date: 5/31/2012
Perf: $1,005.95 Date: 4/30/2012
Perf: $987.19 Date: 3/31/2012
Perf: $981.31 Date: 2/29/2012
Perf: $1,004.10 Date: 1/31/2012
Perf: $1,000.00 Date: 2/28/2017
Perf: $2,010.43 Date: 1/31/2017
Perf: $1,933.66 Date: 12/31/2016
Perf: $1,897.60 Date: 11/30/2016
Perf: $1,860.76 Date: 10/31/2016
Perf: $1,794.37 Date: 9/30/2016
Perf: $1,827.63 Date: 8/31/2016
Perf: $1,827.27 Date: 7/31/2016
Perf: $1,824.71 Date: 6/30/2016
Perf: $1,759.78 Date: 5/31/2016
Perf: $1,755.21 Date: 4/30/2016
Perf: $1,724.18 Date: 3/31/2016
Perf: $1,717.48 Date: 2/29/2016
Perf: $1,608.43 Date: 1/31/2016
Perf: $1,610.52 Date: 12/31/2015
Perf: $1,694.57 Date: 11/30/2015
Perf: $1,721.78 Date: 10/31/2015
Perf: $1,716.63 Date: 9/30/2015
Perf: $1,583.02 Date: 8/31/2015
Perf: $1,623.11 Date: 7/31/2015
Perf: $1,727.27 Date: 6/30/2015
Perf: $1,691.74 Date: 5/31/2015
Perf: $1,725.21 Date: 4/30/2015
Perf: $1,703.24 Date: 3/31/2015
Perf: $1,687.04 Date: 2/28/2015
Perf: $1,714.12 Date: 1/31/2015
Perf: $1,620.92 Date: 12/31/2014
Perf: $1,671.05 Date: 11/30/2014
Perf: $1,675.24 Date: 10/31/2014
Perf: $1,631.36 Date: 9/30/2014
Perf: $1,592.50 Date: 8/31/2014
Perf: $1,615.11 Date: 7/31/2014
Perf: $1,552.99 Date: 6/30/2014
Perf: $1,574.72 Date: 5/31/2014
Perf: $1,542.79 Date: 4/30/2014
Perf: $1,507.36 Date: 3/31/2014
Perf: $1,496.29 Date: 2/28/2014
Perf: $1,483.83 Date: 1/31/2014
Perf: $1,418.98 Date: 12/31/2013
Perf: $1,469.84 Date: 11/30/2013
Perf: $1,433.57 Date: 10/31/2013
Perf: $1,391.14 Date: 9/30/2013
Perf: $1,329.96 Date: 8/31/2013
Perf: $1,289.47 Date: 7/31/2013
Perf: $1,327.98 Date: 6/30/2013
Perf: $1,263.66 Date: 5/31/2013
Perf: $1,280.82 Date: 4/30/2013
Perf: $1,251.54 Date: 3/31/2013
Perf: $1,227.84 Date: 2/28/2013
Perf: $1,183.46 Date: 1/31/2013
Perf: $1,167.58 Date: 12/31/2012
Perf: $1,110.08 Date: 11/30/2012
Perf: $1,100.07 Date: 10/31/2012
Perf: $1,093.73 Date: 9/30/2012
Perf: $1,114.34 Date: 8/31/2012
Perf: $1,086.31 Date: 7/31/2012
Perf: $1,062.41 Date: 6/30/2012
Perf: $1,047.84 Date: 5/31/2012
Perf: $1,006.38 Date: 4/30/2012
Perf: $1,070.73 Date: 3/31/2012
Perf: $1,077.52 Date: 2/29/2012
Perf: $1,043.20 Date: 1/31/2012
Perf: $1,000.00 Date: 2/28/2017
Perf: $1,165.00 Date: 1/31/2017
Perf: $1,151.30 Date: 12/31/2016
Perf: $1,091.59 Date: 11/30/2016
Perf: $1,172.11 Date: 10/31/2016
Perf: $1,182.88 Date: 9/30/2016
Perf: $1,168.74 Date: 8/31/2016
Perf: $1,078.97 Date: 7/31/2016
Perf: $1,101.21 Date: 6/30/2016
Perf: $1,199.05 Date: 5/31/2016
Perf: $1,087.97 Date: 4/30/2016
Perf: $1,101.63 Date: 3/31/2016
Perf: $1,203.97 Date: 2/29/2016
Perf: $1,438.95 Date: 1/31/2016
Perf: $1,368.60 Date: 12/31/2015
Perf: $1,329.39 Date: 11/30/2015
Perf: $1,389.12 Date: 10/31/2015
Perf: $1,261.69 Date: 9/30/2015
Perf: $1,256.16 Date: 8/31/2015
Perf: $1,229.48 Date: 7/31/2015
Perf: $1,306.01 Date: 6/30/2015
Perf: $1,316.81 Date: 5/31/2015
Perf: $1,366.41 Date: 4/30/2015
Perf: $1,349.67 Date: 3/31/2015
Perf: $1,499.64 Date: 2/28/2015
Perf: $1,411.03 Date: 1/31/2015
Perf: $1,449.29 Date: 12/31/2014
Perf: $1,404.35 Date: 11/30/2014
Perf: $1,301.17 Date: 10/31/2014
Perf: $1,197.91 Date: 9/30/2014
Perf: $1,236.48 Date: 8/31/2014
Perf: $1,181.20 Date: 7/31/2014
Perf: $1,125.28 Date: 6/30/2014
Perf: $1,128.78 Date: 5/31/2014
Perf: $1,062.58 Date: 4/30/2014
Perf: $1,052.27 Date: 3/31/2014
Perf: $1,034.17 Date: 2/28/2014
Perf: $1,028.92 Date: 1/31/2014
Perf: $1,017.83 Date: 12/31/2013
Perf: $1,015.29 Date: 11/30/2013
Perf: $996.46 Date: 10/31/2013
Perf: $1,008.46 Date: 9/30/2013
Perf: $944.42 Date: 8/31/2013
Perf: $932.58 Date: 7/31/2013
Perf: $942.19 Date: 6/30/2013
Perf: $977.27 Date: 5/31/2013
Perf: $982.38 Date: 4/30/2013
Perf: $993.91 Date: 3/31/2013
Perf: $1,015.03 Date: 2/28/2013
Perf: $1,052.17 Date: 1/31/2013
Perf: $1,042.16 Date: 12/31/2012
Perf: $1,035.53 Date: 11/30/2012
Perf: $918.76 Date: 10/31/2012
Perf: $1,027.81 Date: 9/30/2012
Perf: $1,093.42 Date: 8/31/2012
Perf: $1,043.93 Date: 7/31/2012
Perf: $1,042.79 Date: 6/30/2012
Perf: $1,018.64 Date: 5/31/2012
Perf: $954.41 Date: 4/30/2012
Perf: $1,001.80 Date: 3/31/2012
Perf: $1,000.40 Date: 2/29/2012
Perf: $1,002.00 Date: 1/31/2012
Perf: $1,000.00
Note: All performance data is since program inception.

Monthly Returns
Date Range: 01/12 - 02/17
Date: 2/28/2017
Return: 1.19 % Date: 1/31/2017
Return: 5.47 % Date: 12/31/2016
Return: -6.87 % Date: 11/30/2016
Return: -0.91 % Date: 10/31/2016
Return: 1.21 % Date: 9/30/2016
Return: 8.32 % Date: 8/31/2016
Return: -2.02 % Date: 7/31/2016
Return: -8.16 % Date: 6/30/2016
Return: 10.21 % Date: 5/31/2016
Return: -1.24 % Date: 4/30/2016
Return: -8.50 % Date: 3/31/2016
Return: -16.33 % Date: 2/29/2016
Return: 5.14 % Date: 1/31/2016
Return: 2.95 % Date: 12/31/2015
Return: -4.30 % Date: 11/30/2015
Return: 10.10 % Date: 10/31/2015
Return: 0.44 % Date: 9/30/2015
Return: 2.17 % Date: 8/31/2015
Return: -5.86 % Date: 7/31/2015
Return: -0.82 % Date: 6/30/2015
Return: -3.63 % Date: 5/31/2015
Return: 1.24 % Date: 4/30/2015
Return: -10.00 % Date: 3/31/2015
Return: 6.28 % Date: 2/28/2015
Return: -2.64 % Date: 1/31/2015
Return: 3.20 % Date: 12/31/2014
Return: 7.93 % Date: 11/30/2014
Return: 8.62 % Date: 10/31/2014
Return: -3.12 % Date: 9/30/2014
Return: 4.68 % Date: 8/31/2014
Return: 4.97 % Date: 7/31/2014
Return: -0.31 % Date: 6/30/2014
Return: 6.23 % Date: 5/31/2014
Return: 0.98 % Date: 4/30/2014
Return: 1.75 % Date: 3/31/2014
Return: 0.51 % Date: 2/28/2014
Return: 1.09 % Date: 1/31/2014
Return: 0.25 % Date: 12/31/2013
Return: 1.89 % Date: 11/30/2013
Return: -1.19 % Date: 10/31/2013
Return: 6.78 % Date: 9/30/2013
Return: 1.27 % Date: 8/31/2013
Return: -1.02 % Date: 7/31/2013
Return: -3.59 % Date: 6/30/2013
Return: -0.52 % Date: 5/31/2013
Return: -1.16 % Date: 4/30/2013
Return: -2.08 % Date: 3/31/2013
Return: -3.53 % Date: 2/28/2013
Return: 0.96 % Date: 1/31/2013
Return: 0.64 % Date: 12/31/2012
Return: 12.71 % Date: 11/30/2012
Return: -10.61 % Date: 10/31/2012
Return: -6.00 % Date: 9/30/2012
Return: 4.74 % Date: 8/31/2012
Return: 0.11 % Date: 7/31/2012
Return: 2.37 % Date: 6/30/2012
Return: 6.73 % Date: 5/31/2012
Return: -4.73 % Date: 4/30/2012
Return: 0.14 % Date: 3/31/2012
Return: -0.16 % Date: 2/29/2012
Return: 0.20 % Date: 1/31/2012
Return: 0.00 %
Note: All performance data is since program inception.

Distribution of Monthly Returns
Date Range: 01/12 - 02/17
Return: -7.00 %
Count: 1 Return: -8.00 %
Count: 1 Return: -9.00 %
Count: 1 Return: -16.00 %
Count: 1 Return: 10.00 %
Count: 2 Return: -10.00 %
Count: 1 Return: 3.00 %
Count: 2 Return: 8.00 %
Count: 2 Return: 9.00 %
Count: 1 Return: -3.00 %
Count: 2 Return: 6.00 %
Count: 2 Return: -1.00 %
Count: 7 Return: -2.00 %
Count: 2 Return: -4.00 %
Count: 4 Return: 1.00 %
Count: 9 Return: 13.00 %
Count: 1 Return: -11.00 %
Count: 1 Return: -6.00 %
Count: 2 Return: 5.00 %
Count: 5 Return: 2.00 %
Count: 4 Return: 7.00 %
Count: 2 Return: -5.00 %
Count: 1 Return: 0.00 %
Count: 8
Note: All performance data is since program inception.

Underwater Curve
Date Range: 01/12 - 02/17
Date: 2/28/2017
Drawdown: -22.31 % Date: 1/31/2017
Drawdown: -23.23 % Date: 12/31/2016
Drawdown: -27.21 % Date: 11/30/2016
Drawdown: -21.84 % Date: 10/31/2016
Drawdown: -21.12 % Date: 9/30/2016
Drawdown: -22.07 % Date: 8/31/2016
Drawdown: -28.05 % Date: 7/31/2016
Drawdown: -26.57 % Date: 6/30/2016
Drawdown: -20.04 % Date: 5/31/2016
Drawdown: -27.45 % Date: 4/30/2016
Drawdown: -26.54 % Date: 3/31/2016
Drawdown: -19.72 % Date: 2/29/2016
Drawdown: -4.05 % Date: 1/31/2016
Drawdown: -8.74 % Date: 12/31/2015
Drawdown: -11.35 % Date: 11/30/2015
Drawdown: -7.37 % Date: 10/31/2015
Drawdown: -15.87 % Date: 9/30/2015
Drawdown: -16.24 % Date: 8/31/2015
Drawdown: -18.01 % Date: 7/31/2015
Drawdown: -12.91 % Date: 6/30/2015
Drawdown: -12.19 % Date: 5/31/2015
Drawdown: -8.88 % Date: 4/30/2015
Drawdown: -10.00 % Date: 3/31/2015
Drawdown: 0.00 % Date: 2/28/2015
Drawdown: -2.64 % 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: -3.12 % Date: 9/30/2014
Drawdown: 0.00 % Date: 8/31/2014
Drawdown: 0.00 % Date: 7/31/2014
Drawdown: -0.31 % Date: 6/30/2014
Drawdown: 0.00 % Date: 5/31/2014
Drawdown: -2.82 % Date: 4/30/2014
Drawdown: -3.76 % Date: 3/31/2014
Drawdown: -5.42 % Date: 2/28/2014
Drawdown: -5.90 % Date: 1/31/2014
Drawdown: -6.91 % Date: 12/31/2013
Drawdown: -7.15 % Date: 11/30/2013
Drawdown: -8.87 % Date: 10/31/2013
Drawdown: -7.77 % Date: 9/30/2013
Drawdown: -13.63 % Date: 8/31/2013
Drawdown: -14.71 % Date: 7/31/2013
Drawdown: -13.83 % Date: 6/30/2013
Drawdown: -10.62 % Date: 5/31/2013
Drawdown: -10.15 % Date: 4/30/2013
Drawdown: -9.10 % Date: 3/31/2013
Drawdown: -7.17 % Date: 2/28/2013
Drawdown: -3.77 % Date: 1/31/2013
Drawdown: -4.69 % Date: 12/31/2012
Drawdown: -5.29 % Date: 11/30/2012
Drawdown: -15.97 % Date: 10/31/2012
Drawdown: -6.00 % Date: 9/30/2012
Drawdown: 0.00 % Date: 8/31/2012
Drawdown: 0.00 % Date: 7/31/2012
Drawdown: 0.00 % Date: 6/30/2012
Drawdown: 0.00 % Date: 5/31/2012
Drawdown: -4.75 % Date: 4/30/2012
Drawdown: -0.02 % Date: 3/31/2012
Drawdown: -0.16 % Date: 2/29/2012
Drawdown: 0.00 %
Note: All performance data is since program inception.
Notes to Performance

Manager Information
Manager Name:  Vision Capital Management, LLC
Address: 1601 East 1860 North
City: Lehi
State: UT
Zip: 84043
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.