Altegris Clearing Solutions Kinkopf Capital Management, LLC Kinkopf S&P Select Program *PROP*
Monthly Performance (%)
Date Range: 06/15 - 04/17
  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec YTD
2017 -0.17 -0.17 3.05 -2.26 0.38
2016 15.27 -2.17 -7.66 5.91 -0.51 6.39 -1.98 -0.17 0.48 -0.17 -6.19 -0.17 7.31
2015 -0.34 -0.17 8.44 9.94 -0.22 7.12 26.78
Note: Estimates appear in italics. All performance data is since program inception.
Strategy Description

Strategy is best categorized as a short term systematic, non-discretionary, trend following, swing program using Futures

Performance Statistics
Date Range: 06/15 - 04/17
  Program SP500 TR Altegris 40
Total Return 36.55% 17.87% -6.04%
Annualized Return 18.52% 8.96% -3.20%
Annualized Std. Deviation 18.05% 11.19% 8.84%
Correlation -0.35 0.25
Sharpe Ratio (rf=2.5%) 0.89 0.58 -0.64
Worst Month -7.66% -6.03% -5.20%
Date of Worst Month 03/2016 08/2015 06/2015
Worst Drawdown -9.66% -8.35% -9.81%
Date of Worst Drawdown 1/16 - 3/16 7/15 - 9/15 2/16 - 1/17
Note: Estimates appear in italics. All performance data is since program inception.
Annual Performance (%)
Date Range: 06/15 - 04/17
Year or YTD Program SP500 TR Altegris 40
2017 0.38 7.17 -1.21
2016 7.31 11.98 -3.13
2015 26.78 0.17 3.57
Note: Estimates appear in italics. All performance data is since program inception.
Performance Comparison
Date Range: 06/15 - 04/17
Date: 4/30/2017
Perf: $991.18 Date: 3/31/2017
Perf: $997.16 Date: 2/28/2017
Perf: $1,011.94 Date: 1/31/2017
Perf: $990.35 Date: 12/31/2016
Perf: $1,003.29 Date: 11/30/2016
Perf: $995.72 Date: 10/31/2016
Perf: $1,006.80 Date: 9/30/2016
Perf: $1,033.46 Date: 8/31/2016
Perf: $1,046.97 Date: 7/31/2016
Perf: $1,075.91 Date: 6/30/2016
Perf: $1,065.05 Date: 5/31/2016
Perf: $1,021.63 Date: 4/30/2016
Perf: $1,039.82 Date: 3/31/2016
Perf: $1,066.60 Date: 2/29/2016
Perf: $1,098.11 Date: 1/31/2016
Perf: $1,071.75 Date: 12/31/2015
Perf: $1,035.70 Date: 11/30/2015
Perf: $1,060.09 Date: 10/31/2015
Perf: $1,025.13 Date: 9/30/2015
Perf: $1,043.28 Date: 8/31/2015
Perf: $1,021.12 Date: 7/31/2015
Perf: $1,039.10 Date: 6/30/2015
Perf: $1,000.00 Date: 4/30/2017
Perf: $1,202.06 Date: 3/31/2017
Perf: $1,189.80 Date: 2/28/2017
Perf: $1,188.38 Date: 1/31/2017
Perf: $1,143.00 Date: 12/31/2016
Perf: $1,121.69 Date: 11/30/2016
Perf: $1,099.91 Date: 10/31/2016
Perf: $1,060.67 Date: 9/30/2016
Perf: $1,080.33 Date: 8/31/2016
Perf: $1,080.11 Date: 7/31/2016
Perf: $1,078.60 Date: 6/30/2016
Perf: $1,040.22 Date: 5/31/2016
Perf: $1,037.52 Date: 4/30/2016
Perf: $1,019.18 Date: 3/31/2016
Perf: $1,015.22 Date: 2/29/2016
Perf: $950.75 Date: 1/31/2016
Perf: $951.99 Date: 12/31/2015
Perf: $1,001.68 Date: 11/30/2015
Perf: $1,017.76 Date: 10/31/2015
Perf: $1,014.71 Date: 9/30/2015
Perf: $935.74 Date: 8/31/2015
Perf: $959.43 Date: 7/31/2015
Perf: $1,021.00 Date: 6/30/2015
Perf: $1,000.00 Date: 4/30/2017
Perf: $1,365.54 Date: 3/31/2017
Perf: $1,397.12 Date: 2/28/2017
Perf: $1,355.77 Date: 1/31/2017
Perf: $1,358.08 Date: 12/31/2016
Perf: $1,360.39 Date: 11/30/2016
Perf: $1,362.71 Date: 10/31/2016
Perf: $1,452.62 Date: 9/30/2016
Perf: $1,455.10 Date: 8/31/2016
Perf: $1,448.15 Date: 7/31/2016
Perf: $1,450.61 Date: 6/30/2016
Perf: $1,479.91 Date: 5/31/2016
Perf: $1,391.03 Date: 4/30/2016
Perf: $1,398.16 Date: 3/31/2016
Perf: $1,320.14 Date: 2/29/2016
Perf: $1,429.65 Date: 1/31/2016
Perf: $1,461.36 Date: 12/31/2015
Perf: $1,267.77 Date: 11/30/2015
Perf: $1,183.51 Date: 10/31/2015
Perf: $1,186.12 Date: 9/30/2015
Perf: $1,078.88 Date: 8/31/2015
Perf: $994.91 Date: 7/31/2015
Perf: $996.60 Date: 6/30/2015
Perf: $1,000.00
Note: All performance data is since program inception.

Monthly Returns
Date Range: 06/15 - 04/17
Date: 4/30/2017
Return: -2.26 % Date: 3/31/2017
Return: 3.05 % Date: 2/28/2017
Return: -0.17 % Date: 1/31/2017
Return: -0.17 % Date: 12/31/2016
Return: -0.17 % Date: 11/30/2016
Return: -6.19 % Date: 10/31/2016
Return: -0.17 % Date: 9/30/2016
Return: 0.48 % Date: 8/31/2016
Return: -0.17 % Date: 7/31/2016
Return: -1.98 % Date: 6/30/2016
Return: 6.39 % Date: 5/31/2016
Return: -0.51 % Date: 4/30/2016
Return: 5.91 % Date: 3/31/2016
Return: -7.66 % Date: 2/29/2016
Return: -2.17 % Date: 1/31/2016
Return: 15.27 % Date: 12/31/2015
Return: 7.12 % Date: 11/30/2015
Return: -0.22 % Date: 10/31/2015
Return: 9.94 % Date: 9/30/2015
Return: 8.44 % Date: 8/31/2015
Return: -0.17 % Date: 7/31/2015
Return: -0.34 % Date: 6/30/2015
Return: 0.00 %
Note: All performance data is since program inception.

Distribution of Monthly Returns
Date Range: 06/15 - 04/17
Return: 3.00 %
Count: 1 Return: -6.00 %
Count: 1 Return: -1.00 %
Count: 1 Return: 6.00 %
Count: 2 Return: -8.00 %
Count: 1 Return: -2.00 %
Count: 3 Return: 15.00 %
Count: 1 Return: 7.00 %
Count: 1 Return: 10.00 %
Count: 1 Return: 8.00 %
Count: 1 Return: 0.00 %
Count: 10
Note: All performance data is since program inception.

Underwater Curve
Date Range: 06/15 - 04/17
Date: 4/30/2017
Drawdown: -7.73 % Date: 3/31/2017
Drawdown: -5.59 % Date: 2/28/2017
Drawdown: -8.39 % Date: 1/31/2017
Drawdown: -8.23 % Date: 12/31/2016
Drawdown: -8.08 % Date: 11/30/2016
Drawdown: -7.92 % Date: 10/31/2016
Drawdown: -1.84 % Date: 9/30/2016
Drawdown: -1.68 % Date: 8/31/2016
Drawdown: -2.15 % Date: 7/31/2016
Drawdown: -1.98 % Date: 6/30/2016
Drawdown: 0.00 % Date: 5/31/2016
Drawdown: -4.81 % Date: 4/30/2016
Drawdown: -4.32 % Date: 3/31/2016
Drawdown: -9.66 % Date: 2/29/2016
Drawdown: -2.17 % Date: 1/31/2016
Drawdown: 0.00 % Date: 12/31/2015
Drawdown: 0.00 % Date: 11/30/2015
Drawdown: -0.22 % Date: 10/31/2015
Drawdown: 0.00 % Date: 9/30/2015
Drawdown: 0.00 % Date: 8/31/2015
Drawdown: -0.51 % Date: 7/31/2015
Drawdown: -0.34 %
Note: All performance data is since program inception.
Notes to Performance

Manager Information
Manager Name:  Kinkopf Capital Management, LLC
Address: 222 Lenox Court
City: Grayslake
State: IL
Zip: 60030
Country: USA
Key People
Name:  Ken Kinkopf
Position:  Principal
Biography: 

Ken Kinkopf is founder and president of Kinkopf Capital Management, LLC. Mr. Kinkopf is a member f the National Futures Association and registered with the Commodities Futures Trading Commission as an associated person and principal of Kinkopf Capital Management. Ken Kinkopf is responsible for all trading decisions and management of the firm. He is available for consultations and continues to be an independent consultant. Mr. Kinkopf has been involved with market forecasting for 25 years and began investing using a simple risk management model in 1983. These long-term results led to an influential desire to study the concepts and applications of risk management. After an inexhaustible endeavor, he correlated a risk-reward model using statistical transformations with atypical data. Mr. Kinkopf began to incorporate exploratory data analysis with advanced forecasting techniques using statistical modeling software for further research. The results led to a long-term stable, systematic, non-discretionary trading system. Mr. Kinkopf began employing his non-discretionary systematic trading system on a daily basis in 1999. Highlights of Mr. Kinkopf’s recent achievements include winning first place in PFG’s six-month CTA Championship showdown ending August 2007 in which he won a $1,000,000 trade allocation from PFG (Peregrine Financial Group). Mr. Kinkopf is also a two (2) time winner in the PFG quarterly CTA Challenges ending May 2007 and November 2006 winning two (2) $250,000 trade allocations. The PFG CTA Challenges are based on Risk-Adjusted-Return and open to registrants who enter the contest and trade actual funds at PFG. Mr. Kinkopf manages client funds using the identical techniques he uses to trade his proprietary account. In November of 2007, Ken Kinkopf was one of eight (8) global speakers invited to present his forecasting strategies at the Taiwan 2007 Futures Trust Enterprise Forum in Taipei. Prior to joining Kinkopf Capital Management in 2005, Ken Kinkopf co-founded KD Development Group LLC, a company which provided business consulting, security reviews, and retail franchising services. Ken Kinkopf was acting president and managed a 35-employee team before selling his interest. Previously, he was a consultant for a technology firm providing advice to Fortune 500 businesses. In May of 1991 until 1996, he co-foundered and became president of K&D Financial Corporation in New York, which provided sell-side financial advisory services in the managed futures industry. The company was registered with the CFTC as a CTA and was a member of the NFA. Mr. Kinkopf managed client accounts using a discretionary trading system. Mr. Kinkopf has published two technical forecasting advisories services and written for Stocks and Commodities magazine discussing several of the statistical tools and techniques used in his forecasting models.


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.