Altegris Clearing Solutions Buttonwood, LLC Energy Diversified 1
Monthly Performance (%)
Date Range: 06/14 - 02/17
  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec YTD
2017 -1.50 -1.22 -2.70
2016 -0.27 -0.20 0.86 2.85 0.28 -0.77 -1.46 0.80 2.10 -0.55 1.03 1.64 6.40
2015 1.84 2.45 0.50 4.24 0.94 0.61 -1.36 0.26 0.17 -0.58 -0.67 -0.69 7.85
2014 2.98 3.11 2.64 3.33 3.52 -0.40 16.11
Note: Estimates appear in italics. All performance data is since program inception.
Strategy Description

Energy Diversified 1 (ED1) is a discretionary program that looks for opportunities in the energy markets using spread arbitrage and directional trading strategies. ED1 is technical in nature but regularly adjusts its approach to include fundamental inputs, depending on market conditions. The manager may employ quantitative analysis of pricing data to identify and exploit price movements in the energy markets. ED1 utilizes information and analysis generated by an in-house team of highly skilled analysts and by third party specialists to generate multi-tiered trade signals and strategies which it applies to its trading decisions.

Performance Statistics
Date Range: 06/14 - 02/17
  Program SP500 TR Altegris 40
Total Return 29.64% 30.31% 13.23%
Annualized Return 10.22% 10.11% 4.62%
Annualized Std. Deviation 5.61% 10.67% 9.48%
Correlation 0.04 -0.05
Sharpe Ratio (rf=2.5%) 1.38 0.71 0.22
Worst Month -1.50% -6.03% -5.20%
Date of Worst Month 01/2017 08/2015 06/2015
Worst Drawdown -3.30% -8.35% -10.39%
Date of Worst Drawdown 6/15 - 2/16 7/15 - 9/15 3/15 - 1/17
Note: Estimates appear in italics. All performance data is since program inception.
Annual Performance (%)
Date Range: 06/14 - 02/17
Year or YTD Program SP500 TR Altegris 40
2017 -2.70 5.95 0.86
2016 6.40 11.98 -3.13
2015 7.85 1.41 0.09
2014 16.11 6.12 14.80
Note: Estimates appear in italics. All performance data is since program inception.
Performance Comparison
Date Range: 06/14 - 02/17
Date: 2/28/2017
Perf: $1,122.67 Date: 1/31/2017
Perf: $1,098.71 Date: 12/31/2016
Perf: $1,113.07 Date: 11/30/2016
Perf: $1,104.68 Date: 10/31/2016
Perf: $1,116.96 Date: 9/30/2016
Perf: $1,146.54 Date: 8/31/2016
Perf: $1,161.53 Date: 7/31/2016
Perf: $1,193.64 Date: 6/30/2016
Perf: $1,181.58 Date: 5/31/2016
Perf: $1,133.41 Date: 4/30/2016
Perf: $1,153.60 Date: 3/31/2016
Perf: $1,183.30 Date: 2/29/2016
Perf: $1,218.27 Date: 1/31/2016
Perf: $1,189.02 Date: 12/31/2015
Perf: $1,149.03 Date: 11/30/2015
Perf: $1,176.08 Date: 10/31/2015
Perf: $1,137.30 Date: 9/30/2015
Perf: $1,157.44 Date: 8/31/2015
Perf: $1,132.86 Date: 7/31/2015
Perf: $1,152.80 Date: 6/30/2015
Perf: $1,109.42 Date: 5/31/2015
Perf: $1,170.28 Date: 4/30/2015
Perf: $1,178.76 Date: 3/31/2015
Perf: $1,226.09 Date: 2/28/2015
Perf: $1,199.58 Date: 1/31/2015
Perf: $1,201.50 Date: 12/31/2014
Perf: $1,148.00 Date: 11/30/2014
Perf: $1,128.15 Date: 10/31/2014
Perf: $1,064.79 Date: 9/30/2014
Perf: $1,049.37 Date: 8/31/2014
Perf: $1,033.96 Date: 7/31/2014
Perf: $992.00 Date: 6/30/2014
Perf: $1,000.00 Date: 2/28/2017
Perf: $1,276.69 Date: 1/31/2017
Perf: $1,227.94 Date: 12/31/2016
Perf: $1,205.04 Date: 11/30/2016
Perf: $1,181.64 Date: 10/31/2016
Perf: $1,139.48 Date: 9/30/2016
Perf: $1,160.61 Date: 8/31/2016
Perf: $1,160.37 Date: 7/31/2016
Perf: $1,158.75 Date: 6/30/2016
Perf: $1,117.52 Date: 5/31/2016
Perf: $1,114.62 Date: 4/30/2016
Perf: $1,094.91 Date: 3/31/2016
Perf: $1,090.66 Date: 2/29/2016
Perf: $1,021.40 Date: 1/31/2016
Perf: $1,022.73 Date: 12/31/2015
Perf: $1,076.11 Date: 11/30/2015
Perf: $1,093.38 Date: 10/31/2015
Perf: $1,090.11 Date: 9/30/2015
Perf: $1,005.27 Date: 8/31/2015
Perf: $1,030.73 Date: 7/31/2015
Perf: $1,096.87 Date: 6/30/2015
Perf: $1,074.31 Date: 5/31/2015
Perf: $1,095.56 Date: 4/30/2015
Perf: $1,081.61 Date: 3/31/2015
Perf: $1,071.33 Date: 2/28/2015
Perf: $1,088.52 Date: 1/31/2015
Perf: $1,029.34 Date: 12/31/2014
Perf: $1,061.17 Date: 11/30/2014
Perf: $1,063.83 Date: 10/31/2014
Perf: $1,035.96 Date: 9/30/2014
Perf: $1,011.29 Date: 8/31/2014
Perf: $1,025.65 Date: 7/31/2014
Perf: $986.20 Date: 6/30/2014
Perf: $1,000.00 Date: 2/28/2017
Perf: $1,296.41 Date: 1/31/2017
Perf: $1,312.42 Date: 12/31/2016
Perf: $1,332.41 Date: 11/30/2016
Perf: $1,310.91 Date: 10/31/2016
Perf: $1,297.54 Date: 9/30/2016
Perf: $1,304.72 Date: 8/31/2016
Perf: $1,277.88 Date: 7/31/2016
Perf: $1,267.74 Date: 6/30/2016
Perf: $1,286.52 Date: 5/31/2016
Perf: $1,296.51 Date: 4/30/2016
Perf: $1,292.89 Date: 3/31/2016
Perf: $1,257.06 Date: 2/29/2016
Perf: $1,246.34 Date: 1/31/2016
Perf: $1,248.84 Date: 12/31/2015
Perf: $1,252.22 Date: 11/30/2015
Perf: $1,260.92 Date: 10/31/2015
Perf: $1,269.43 Date: 9/30/2015
Perf: $1,276.83 Date: 8/31/2015
Perf: $1,274.67 Date: 7/31/2015
Perf: $1,271.36 Date: 6/30/2015
Perf: $1,288.89 Date: 5/31/2015
Perf: $1,281.07 Date: 4/30/2015
Perf: $1,269.14 Date: 3/31/2015
Perf: $1,217.52 Date: 2/28/2015
Perf: $1,211.46 Date: 1/31/2015
Perf: $1,182.49 Date: 12/31/2014
Perf: $1,161.13 Date: 11/30/2014
Perf: $1,165.79 Date: 10/31/2014
Perf: $1,126.15 Date: 9/30/2014
Perf: $1,089.86 Date: 8/31/2014
Perf: $1,061.83 Date: 7/31/2014
Perf: $1,029.80 Date: 6/30/2014
Perf: $1,000.00
Note: All performance data is since program inception.

Monthly Returns
Date Range: 06/14 - 02/17
Date: 2/28/2017
Return: -1.22 % Date: 1/31/2017
Return: -1.50 % Date: 12/31/2016
Return: 1.64 % Date: 11/30/2016
Return: 1.03 % Date: 10/31/2016
Return: -0.55 % Date: 9/30/2016
Return: 2.10 % Date: 8/31/2016
Return: 0.80 % Date: 7/31/2016
Return: -1.46 % Date: 6/30/2016
Return: -0.77 % Date: 5/31/2016
Return: 0.28 % Date: 4/30/2016
Return: 2.85 % Date: 3/31/2016
Return: 0.86 % Date: 2/29/2016
Return: -0.20 % Date: 1/31/2016
Return: -0.27 % Date: 12/31/2015
Return: -0.69 % Date: 11/30/2015
Return: -0.67 % Date: 10/31/2015
Return: -0.58 % Date: 9/30/2015
Return: 0.17 % Date: 8/31/2015
Return: 0.26 % Date: 7/31/2015
Return: -1.36 % Date: 6/30/2015
Return: 0.61 % Date: 5/31/2015
Return: 0.94 % Date: 4/30/2015
Return: 4.24 % Date: 3/31/2015
Return: 0.50 % Date: 2/28/2015
Return: 2.45 % Date: 1/31/2015
Return: 1.84 % Date: 12/31/2014
Return: -0.40 % Date: 11/30/2014
Return: 3.52 % Date: 10/31/2014
Return: 3.33 % Date: 9/30/2014
Return: 2.64 % Date: 8/31/2014
Return: 3.11 % Date: 7/31/2014
Return: 2.98 % Date: 6/30/2014
Return: 0.00 %
Note: All performance data is since program inception.

Distribution of Monthly Returns
Date Range: 06/14 - 02/17
Return: -1.00 %
Count: 9 Return: 1.00 %
Count: 6 Return: 2.00 %
Count: 4 Return: 4.00 %
Count: 2 Return: 3.00 %
Count: 5 Return: 0.00 %
Count: 7
Note: All performance data is since program inception.

Underwater Curve
Date Range: 06/14 - 02/17
Date: 2/28/2017
Drawdown: -2.70 % Date: 1/31/2017
Drawdown: -1.50 % Date: 12/31/2016
Drawdown: 0.00 % Date: 11/30/2016
Drawdown: 0.00 % Date: 10/31/2016
Drawdown: -0.55 % Date: 9/30/2016
Drawdown: 0.00 % Date: 8/31/2016
Drawdown: -1.44 % Date: 7/31/2016
Drawdown: -2.22 % Date: 6/30/2016
Drawdown: -0.77 % Date: 5/31/2016
Drawdown: 0.00 % Date: 4/30/2016
Drawdown: 0.00 % Date: 3/31/2016
Drawdown: -2.47 % Date: 2/29/2016
Drawdown: -3.30 % Date: 1/31/2016
Drawdown: -3.11 % Date: 12/31/2015
Drawdown: -2.84 % Date: 11/30/2015
Drawdown: -2.17 % Date: 10/31/2015
Drawdown: -1.51 % Date: 9/30/2015
Drawdown: -0.94 % Date: 8/31/2015
Drawdown: -1.10 % Date: 7/31/2015
Drawdown: -1.36 % Date: 6/30/2015
Drawdown: 0.00 % Date: 5/31/2015
Drawdown: 0.00 % Date: 4/30/2015
Drawdown: 0.00 % 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: -0.40 % 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 %
Note: All performance data is since program inception.
Notes to Performance

Manager Information
Manager Name:  Buttonwood, LLC
Address: 3102 Oak Lawn Ave
City: Dallas
State: TX
Zip: 75219
Country: USA
Key People
Name:  Dennis Weinmann
Position:  Portfolio Manager
Biography: 

Buttonwood Trading is directed by portfolio manager, Dennis Weinmann, an energy trading veteran for almost 30 years. Dennis started working on the trading floor of the New York Mercantile Exchange,(“NYMEX”) in 1985. He was immediately drawn to the fast pace of the energy markets, and the opportunities it provided. Dennis began studying technical analysis, among other forms of market analysis, in an attempt to find an exploitable edge in the markets. That pursuit has continued to this day. In 1990, Dennis started Coquest Inc., a futures brokerage operation along with John Vassallo. The focus of their business is working with energy companies to assist them with hedging and trading the energy markets. As energy risk management has continued to evolve, Dennis believed that more and more arbitrage opportunities were becoming available throughout the energy sector. This was the foundation for the Buttonwood Trading Program.


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.