Altegris Clearing Solutions Opus Futures, LLC Opus Futures, LLC Advanced Ag Trading Program
Monthly Performance (%)
Date Range: 02/11 - 09/17
  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec YTD
2017 4.91 -1.73 3.47 2.39 -4.82 18.00 4.86 3.16 0.42 33.25
2016 -6.26 6.93 -7.02 -0.42 6.36 9.28 -10.38 -7.93 -0.82 -3.64 -5.65 4.64 -16.02
2015 13.00 -13.36 7.98 5.50 10.28 -2.83 5.14 3.01 0.15 -1.30 -9.04 10.36 28.44
2014 2.21 -6.90 -8.25 -1.70 -13.66 4.00 13.60 10.61 2.65 -21.02 0.03 4.37 -18.04
2013 -3.26 10.58 2.50 1.89 -10.92 4.88 7.43 4.23 13.90 4.18 3.60 4.71 50.45
2012 -3.20 -3.17 5.56 22.44 -25.35 33.54 33.95 12.11 -12.28 0.54 1.33 3.53 67.79
2011 5.65 -5.67 -6.54 -31.28 -1.75 -3.16 -14.33 1.73 24.56 -6.19 -37.98
Note: Estimates appear in italics. All performance data is since program inception.
Strategy Description

Opus Futures, LLC (“Opus Futures”) has been a registered Commodity Trading Advisor since March 2011, and is traded by David Zelinksi. Mr. Zelinski’s primary focus is on agricultural commodities, specifically grains, oilseeds, and livestock. Fundamental analysis is used in forecasting US and world supply and demand tables, monitoring US and world weather, studying domestic and international freight values, and tracking underlying cash values associated with agricultural futures markets. Several trips are made across the US to study crop development as well. Other factors monitored include world currency values and political events that can have an influence on global trade flows.

Performance Statistics
Date Range: 02/11 - 09/17
  Program SP500 TR Altegris 40
Total Return 84.44% 125.97% -1.78%
Annualized Return 9.74% 13.01% -0.27%
Annualized Std. Deviation 36.95% 10.82% 8.44%
Correlation 0.07 0.03
Sharpe Ratio (rf=2.5%) 0.20 0.97 -0.33
Worst Month -31.28% -7.03% -5.20%
Date of Worst Month 06/2011 09/2011 06/2015
Worst Drawdown -50.62% -16.26% -15.74%
Date of Worst Drawdown 3/11 - 9/11 4/11 - 9/11 4/11 - 9/13
Note: Estimates appear in italics. All performance data is since program inception.
Annual Performance (%)
Date Range: 02/11 - 09/17
Year or YTD Program SP500 TR Altegris 40
2017 33.25 14.25 -4.00
2016 -16.02 11.98 -3.13
2015 28.44 1.41 0.09
2014 -18.04 13.69 15.75
2013 50.45 32.41 -2.45
2012 67.79 15.98 -4.75
2011 -37.98 -3.55 -3.52
Note: Estimates appear in italics. All performance data is since program inception.
Performance Comparison
Date Range: 02/11 - 09/17
Date: 9/30/2017
Perf: $965.81 Date: 8/31/2017
Perf: $986.63 Date: 7/31/2017
Perf: $970.52 Date: 6/30/2017
Perf: $966.75 Date: 5/31/2017
Perf: $995.83 Date: 4/30/2017
Perf: $993.94 Date: 3/31/2017
Perf: $999.94 Date: 2/28/2017
Perf: $1,014.75 Date: 1/31/2017
Perf: $993.11 Date: 12/31/2016
Perf: $1,006.08 Date: 11/30/2016
Perf: $998.49 Date: 10/31/2016
Perf: $1,009.60 Date: 9/30/2016
Perf: $1,036.34 Date: 8/31/2016
Perf: $1,049.88 Date: 7/31/2016
Perf: $1,078.90 Date: 6/30/2016
Perf: $1,068.01 Date: 5/31/2016
Perf: $1,024.47 Date: 4/30/2016
Perf: $1,042.72 Date: 3/31/2016
Perf: $1,069.56 Date: 2/29/2016
Perf: $1,101.17 Date: 1/31/2016
Perf: $1,074.73 Date: 12/31/2015
Perf: $1,038.59 Date: 11/30/2015
Perf: $1,063.04 Date: 10/31/2015
Perf: $1,027.98 Date: 9/30/2015
Perf: $1,046.19 Date: 8/31/2015
Perf: $1,023.97 Date: 7/31/2015
Perf: $1,041.99 Date: 6/30/2015
Perf: $1,002.78 Date: 5/31/2015
Perf: $1,057.79 Date: 4/30/2015
Perf: $1,065.46 Date: 3/31/2015
Perf: $1,108.24 Date: 2/28/2015
Perf: $1,084.27 Date: 1/31/2015
Perf: $1,086.01 Date: 12/31/2014
Perf: $1,037.66 Date: 11/30/2014
Perf: $1,019.71 Date: 10/31/2014
Perf: $962.45 Date: 9/30/2014
Perf: $948.50 Date: 8/31/2014
Perf: $934.58 Date: 7/31/2014
Perf: $896.65 Date: 6/30/2014
Perf: $903.88 Date: 5/31/2014
Perf: $896.17 Date: 4/30/2014
Perf: $873.80 Date: 3/31/2014
Perf: $867.21 Date: 2/28/2014
Perf: $880.24 Date: 1/31/2014
Perf: $873.08 Date: 12/31/2013
Perf: $896.48 Date: 11/30/2013
Perf: $897.74 Date: 10/31/2013
Perf: $881.78 Date: 9/30/2013
Perf: $862.04 Date: 8/31/2013
Perf: $867.24 Date: 7/31/2013
Perf: $884.22 Date: 6/30/2013
Perf: $891.98 Date: 5/31/2013
Perf: $927.11 Date: 4/30/2013
Perf: $968.77 Date: 3/31/2013
Perf: $944.40 Date: 2/28/2013
Perf: $931.00 Date: 1/31/2013
Perf: $936.43 Date: 12/31/2012
Perf: $918.97 Date: 11/30/2012
Perf: $914.49 Date: 10/31/2012
Perf: $911.93 Date: 9/30/2012
Perf: $946.19 Date: 8/31/2012
Perf: $962.06 Date: 7/31/2012
Perf: $975.33 Date: 6/30/2012
Perf: $937.00 Date: 5/31/2012
Perf: $973.61 Date: 4/30/2012
Perf: $955.46 Date: 3/31/2012
Perf: $949.76 Date: 2/29/2012
Perf: $971.82 Date: 1/31/2012
Perf: $967.85 Date: 12/31/2011
Perf: $964.76 Date: 11/30/2011
Perf: $955.59 Date: 10/31/2011
Perf: $952.73 Date: 9/30/2011
Perf: $992.01 Date: 8/31/2011
Perf: $992.61 Date: 7/31/2011
Perf: $994.60 Date: 6/30/2011
Perf: $960.13 Date: 5/31/2011
Perf: $985.76 Date: 4/30/2011
Perf: $1,023.10 Date: 3/31/2011
Perf: $984.70 Date: 2/28/2011
Perf: $1,000.00 Date: 9/30/2017
Perf: $2,184.72 Date: 8/31/2017
Perf: $2,140.62 Date: 7/31/2017
Perf: $2,134.00 Date: 6/30/2017
Perf: $2,090.93 Date: 5/31/2017
Perf: $2,078.05 Date: 4/30/2017
Perf: $2,049.15 Date: 3/31/2017
Perf: $2,028.26 Date: 2/28/2017
Perf: $2,025.83 Date: 1/31/2017
Perf: $1,948.48 Date: 12/31/2016
Perf: $1,912.15 Date: 11/30/2016
Perf: $1,875.02 Date: 10/31/2016
Perf: $1,808.12 Date: 9/30/2016
Perf: $1,841.64 Date: 8/31/2016
Perf: $1,841.27 Date: 7/31/2016
Perf: $1,838.70 Date: 6/30/2016
Perf: $1,773.26 Date: 5/31/2016
Perf: $1,768.66 Date: 4/30/2016
Perf: $1,737.39 Date: 3/31/2016
Perf: $1,730.64 Date: 2/29/2016
Perf: $1,620.75 Date: 1/31/2016
Perf: $1,622.86 Date: 12/31/2015
Perf: $1,707.56 Date: 11/30/2015
Perf: $1,734.97 Date: 10/31/2015
Perf: $1,729.78 Date: 9/30/2015
Perf: $1,595.15 Date: 8/31/2015
Perf: $1,635.55 Date: 7/31/2015
Perf: $1,740.50 Date: 6/30/2015
Perf: $1,704.70 Date: 5/31/2015
Perf: $1,738.43 Date: 4/30/2015
Perf: $1,716.29 Date: 3/31/2015
Perf: $1,699.97 Date: 2/28/2015
Perf: $1,727.26 Date: 1/31/2015
Perf: $1,633.34 Date: 12/31/2014
Perf: $1,683.86 Date: 11/30/2014
Perf: $1,688.08 Date: 10/31/2014
Perf: $1,643.86 Date: 9/30/2014
Perf: $1,604.70 Date: 8/31/2014
Perf: $1,627.49 Date: 7/31/2014
Perf: $1,564.89 Date: 6/30/2014
Perf: $1,586.79 Date: 5/31/2014
Perf: $1,554.61 Date: 4/30/2014
Perf: $1,518.91 Date: 3/31/2014
Perf: $1,507.76 Date: 2/28/2014
Perf: $1,495.20 Date: 1/31/2014
Perf: $1,429.85 Date: 12/31/2013
Perf: $1,481.10 Date: 11/30/2013
Perf: $1,444.55 Date: 10/31/2013
Perf: $1,401.80 Date: 9/30/2013
Perf: $1,340.15 Date: 8/31/2013
Perf: $1,299.35 Date: 7/31/2013
Perf: $1,338.16 Date: 6/30/2013
Perf: $1,273.34 Date: 5/31/2013
Perf: $1,290.64 Date: 4/30/2013
Perf: $1,261.13 Date: 3/31/2013
Perf: $1,237.25 Date: 2/28/2013
Perf: $1,192.53 Date: 1/31/2013
Perf: $1,176.53 Date: 12/31/2012
Perf: $1,118.59 Date: 11/30/2012
Perf: $1,108.50 Date: 10/31/2012
Perf: $1,102.11 Date: 9/30/2012
Perf: $1,122.88 Date: 8/31/2012
Perf: $1,094.64 Date: 7/31/2012
Perf: $1,070.55 Date: 6/30/2012
Perf: $1,055.87 Date: 5/31/2012
Perf: $1,014.09 Date: 4/30/2012
Perf: $1,078.94 Date: 3/31/2012
Perf: $1,085.78 Date: 2/29/2012
Perf: $1,051.19 Date: 1/31/2012
Perf: $1,007.66 Date: 12/31/2011
Perf: $964.46 Date: 11/30/2011
Perf: $954.72 Date: 10/31/2011
Perf: $956.82 Date: 9/30/2011
Perf: $862.55 Date: 8/31/2011
Perf: $927.77 Date: 7/31/2011
Perf: $981.04 Date: 6/30/2011
Perf: $1,001.37 Date: 5/31/2011
Perf: $1,018.37 Date: 4/30/2011
Perf: $1,030.01 Date: 3/31/2011
Perf: $1,000.40 Date: 2/28/2011
Perf: $1,000.00 Date: 9/30/2017
Perf: $1,844.40 Date: 8/31/2017
Perf: $1,836.68 Date: 7/31/2017
Perf: $1,780.42 Date: 6/30/2017
Perf: $1,697.90 Date: 5/31/2017
Perf: $1,438.90 Date: 4/30/2017
Perf: $1,511.77 Date: 3/31/2017
Perf: $1,476.48 Date: 2/28/2017
Perf: $1,426.96 Date: 1/31/2017
Perf: $1,452.09 Date: 12/31/2016
Perf: $1,384.12 Date: 11/30/2016
Perf: $1,322.75 Date: 10/31/2016
Perf: $1,401.96 Date: 9/30/2016
Perf: $1,454.92 Date: 8/31/2016
Perf: $1,466.95 Date: 7/31/2016
Perf: $1,593.30 Date: 6/30/2016
Perf: $1,777.84 Date: 5/31/2016
Perf: $1,626.86 Date: 4/30/2016
Perf: $1,529.58 Date: 3/31/2016
Perf: $1,536.03 Date: 2/29/2016
Perf: $1,652.00 Date: 1/31/2016
Perf: $1,544.94 Date: 12/31/2015
Perf: $1,648.11 Date: 11/30/2015
Perf: $1,493.40 Date: 10/31/2015
Perf: $1,641.82 Date: 9/30/2015
Perf: $1,663.44 Date: 8/31/2015
Perf: $1,660.95 Date: 7/31/2015
Perf: $1,612.42 Date: 6/30/2015
Perf: $1,533.59 Date: 5/31/2015
Perf: $1,578.25 Date: 4/30/2015
Perf: $1,431.13 Date: 3/31/2015
Perf: $1,356.52 Date: 2/28/2015
Perf: $1,256.27 Date: 1/31/2015
Perf: $1,449.99 Date: 12/31/2014
Perf: $1,283.18 Date: 11/30/2014
Perf: $1,229.45 Date: 10/31/2014
Perf: $1,229.08 Date: 9/30/2014
Perf: $1,556.20 Date: 8/31/2014
Perf: $1,516.02 Date: 7/31/2014
Perf: $1,370.60 Date: 6/30/2014
Perf: $1,206.51 Date: 5/31/2014
Perf: $1,160.11 Date: 4/30/2014
Perf: $1,343.65 Date: 3/31/2014
Perf: $1,366.89 Date: 2/28/2014
Perf: $1,489.80 Date: 1/31/2014
Perf: $1,600.21 Date: 12/31/2013
Perf: $1,565.61 Date: 11/30/2013
Perf: $1,495.19 Date: 10/31/2013
Perf: $1,443.23 Date: 9/30/2013
Perf: $1,385.33 Date: 8/31/2013
Perf: $1,216.27 Date: 7/31/2013
Perf: $1,166.91 Date: 6/30/2013
Perf: $1,086.20 Date: 5/31/2013
Perf: $1,035.66 Date: 4/30/2013
Perf: $1,162.62 Date: 3/31/2013
Perf: $1,141.05 Date: 2/28/2013
Perf: $1,113.22 Date: 1/31/2013
Perf: $1,006.71 Date: 12/31/2012
Perf: $1,040.64 Date: 11/30/2012
Perf: $1,005.15 Date: 10/31/2012
Perf: $991.96 Date: 9/30/2012
Perf: $986.63 Date: 8/31/2012
Perf: $1,124.75 Date: 7/31/2012
Perf: $1,003.26 Date: 6/30/2012
Perf: $748.98 Date: 5/31/2012
Perf: $560.87 Date: 4/30/2012
Perf: $751.33 Date: 3/31/2012
Perf: $613.63 Date: 2/29/2012
Perf: $581.31 Date: 1/31/2012
Perf: $600.34 Date: 12/31/2011
Perf: $620.18 Date: 11/30/2011
Perf: $661.11 Date: 10/31/2011
Perf: $530.75 Date: 9/30/2011
Perf: $521.73 Date: 8/31/2011
Perf: $609.00 Date: 7/31/2011
Perf: $628.87 Date: 6/30/2011
Perf: $640.07 Date: 5/31/2011
Perf: $931.42 Date: 4/30/2011
Perf: $996.60 Date: 3/31/2011
Perf: $1,056.50 Date: 2/28/2011
Perf: $1,000.00
Note: All performance data is since program inception.

Monthly Returns
Date Range: 02/11 - 09/17
Date: 9/30/2017
Return: 0.42 % Date: 8/31/2017
Return: 3.16 % Date: 7/31/2017
Return: 4.86 % Date: 6/30/2017
Return: 18.00 % Date: 5/31/2017
Return: -4.82 % Date: 4/30/2017
Return: 2.39 % Date: 3/31/2017
Return: 3.47 % Date: 2/28/2017
Return: -1.73 % Date: 1/31/2017
Return: 4.91 % Date: 12/31/2016
Return: 4.64 % Date: 11/30/2016
Return: -5.65 % Date: 10/31/2016
Return: -3.64 % Date: 9/30/2016
Return: -0.82 % Date: 8/31/2016
Return: -7.93 % Date: 7/31/2016
Return: -10.38 % Date: 6/30/2016
Return: 9.28 % Date: 5/31/2016
Return: 6.36 % Date: 4/30/2016
Return: -0.42 % Date: 3/31/2016
Return: -7.02 % Date: 2/29/2016
Return: 6.93 % Date: 1/31/2016
Return: -6.26 % Date: 12/31/2015
Return: 10.36 % Date: 11/30/2015
Return: -9.04 % Date: 10/31/2015
Return: -1.30 % Date: 9/30/2015
Return: 0.15 % Date: 8/31/2015
Return: 3.01 % Date: 7/31/2015
Return: 5.14 % Date: 6/30/2015
Return: -2.83 % Date: 5/31/2015
Return: 10.28 % Date: 4/30/2015
Return: 5.50 % Date: 3/31/2015
Return: 7.98 % Date: 2/28/2015
Return: -13.36 % Date: 1/31/2015
Return: 13.00 % Date: 12/31/2014
Return: 4.37 % Date: 11/30/2014
Return: 0.03 % Date: 10/31/2014
Return: -21.02 % Date: 9/30/2014
Return: 2.65 % Date: 8/31/2014
Return: 10.61 % Date: 7/31/2014
Return: 13.60 % Date: 6/30/2014
Return: 4.00 % Date: 5/31/2014
Return: -13.66 % Date: 4/30/2014
Return: -1.70 % Date: 3/31/2014
Return: -8.25 % Date: 2/28/2014
Return: -6.90 % Date: 1/31/2014
Return: 2.21 % Date: 12/31/2013
Return: 4.71 % Date: 11/30/2013
Return: 3.60 % Date: 10/31/2013
Return: 4.18 % Date: 9/30/2013
Return: 13.90 % Date: 8/31/2013
Return: 4.23 % Date: 7/31/2013
Return: 7.43 % Date: 6/30/2013
Return: 4.88 % Date: 5/31/2013
Return: -10.92 % Date: 4/30/2013
Return: 1.89 % Date: 3/31/2013
Return: 2.50 % Date: 2/28/2013
Return: 10.58 % Date: 1/31/2013
Return: -3.26 % Date: 12/31/2012
Return: 3.53 % Date: 11/30/2012
Return: 1.33 % Date: 10/31/2012
Return: 0.54 % Date: 9/30/2012
Return: -12.28 % Date: 8/31/2012
Return: 12.11 % Date: 7/31/2012
Return: 33.95 % Date: 6/30/2012
Return: 33.54 % Date: 5/31/2012
Return: -25.35 % Date: 4/30/2012
Return: 22.44 % Date: 3/31/2012
Return: 5.56 % Date: 2/29/2012
Return: -3.17 % Date: 1/31/2012
Return: -3.20 % Date: 12/31/2011
Return: -6.19 % Date: 11/30/2011
Return: 24.56 % Date: 10/31/2011
Return: 1.73 % Date: 9/30/2011
Return: -14.33 % Date: 8/31/2011
Return: -3.16 % Date: 7/31/2011
Return: -1.75 % Date: 6/30/2011
Return: -31.28 % Date: 5/31/2011
Return: -6.54 % Date: 4/30/2011
Return: -5.67 % Date: 3/31/2011
Return: 5.65 % Date: 2/28/2011
Return: 0.00 %
Note: All performance data is since program inception.

Distribution of Monthly Returns
Date Range: 02/11 - 09/17
Return: 18.00 %
Count: 1 Return: -5.00 %
Count: 1 Return: -4.00 %
Count: 1 Return: -10.00 %
Count: 1 Return: 9.00 %
Count: 1 Return: -9.00 %
Count: 1 Return: -1.00 %
Count: 2 Return: 10.00 %
Count: 2 Return: 8.00 %
Count: 1 Return: -13.00 %
Count: 1 Return: 13.00 %
Count: 1 Return: -21.00 %
Count: 1 Return: -8.00 %
Count: 2 Return: 14.00 %
Count: 2 Return: 7.00 %
Count: 2 Return: 5.00 %
Count: 7 Return: -11.00 %
Count: 1 Return: 3.00 %
Count: 5 Return: 11.00 %
Count: 2 Return: 4.00 %
Count: 6 Return: 1.00 %
Count: 2 Return: -12.00 %
Count: 1 Return: 12.00 %
Count: 1 Return: 34.00 %
Count: 2 Return: -25.00 %
Count: 1 Return: 22.00 %
Count: 1 Return: 25.00 %
Count: 1 Return: 2.00 %
Count: 4 Return: -14.00 %
Count: 2 Return: -3.00 %
Count: 5 Return: -2.00 %
Count: 3 Return: -31.00 %
Count: 1 Return: -7.00 %
Count: 3 Return: -6.00 %
Count: 4 Return: 6.00 %
Count: 3 Return: 0.00 %
Count: 5
Note: All performance data is since program inception.

Underwater Curve
Date Range: 02/11 - 09/17
Date: 9/30/2017
Drawdown: 0.00 % Date: 8/31/2017
Drawdown: 0.00 % Date: 7/31/2017
Drawdown: 0.00 % Date: 6/30/2017
Drawdown: -4.50 % Date: 5/31/2017
Drawdown: -19.06 % Date: 4/30/2017
Drawdown: -14.97 % Date: 3/31/2017
Drawdown: -16.95 % Date: 2/28/2017
Drawdown: -19.74 % Date: 1/31/2017
Drawdown: -18.32 % Date: 12/31/2016
Drawdown: -22.15 % Date: 11/30/2016
Drawdown: -25.60 % Date: 10/31/2016
Drawdown: -21.14 % Date: 9/30/2016
Drawdown: -18.16 % Date: 8/31/2016
Drawdown: -17.49 % Date: 7/31/2016
Drawdown: -10.38 % Date: 6/30/2016
Drawdown: 0.00 % Date: 5/31/2016
Drawdown: -2.20 % Date: 4/30/2016
Drawdown: -8.05 % Date: 3/31/2016
Drawdown: -7.66 % Date: 2/29/2016
Drawdown: -0.69 % Date: 1/31/2016
Drawdown: -7.12 % Date: 12/31/2015
Drawdown: -0.92 % Date: 11/30/2015
Drawdown: -10.22 % Date: 10/31/2015
Drawdown: -1.30 % Date: 9/30/2015
Drawdown: 0.00 % Date: 8/31/2015
Drawdown: 0.00 % Date: 7/31/2015
Drawdown: 0.00 % Date: 6/30/2015
Drawdown: -4.16 % Date: 5/31/2015
Drawdown: -1.37 % Date: 4/30/2015
Drawdown: -10.57 % Date: 3/31/2015
Drawdown: -15.23 % Date: 2/28/2015
Drawdown: -21.49 % Date: 1/31/2015
Drawdown: -9.39 % Date: 12/31/2014
Drawdown: -19.81 % Date: 11/30/2014
Drawdown: -23.17 % Date: 10/31/2014
Drawdown: -23.19 % Date: 9/30/2014
Drawdown: -2.75 % Date: 8/31/2014
Drawdown: -5.26 % Date: 7/31/2014
Drawdown: -14.35 % Date: 6/30/2014
Drawdown: -24.60 % Date: 5/31/2014
Drawdown: -27.50 % Date: 4/30/2014
Drawdown: -16.03 % Date: 3/31/2014
Drawdown: -14.58 % Date: 2/28/2014
Drawdown: -6.90 % Date: 1/31/2014
Drawdown: 0.00 % Date: 12/31/2013
Drawdown: 0.00 % Date: 11/30/2013
Drawdown: 0.00 % Date: 10/31/2013
Drawdown: 0.00 % Date: 9/30/2013
Drawdown: 0.00 % Date: 8/31/2013
Drawdown: 0.00 % Date: 7/31/2013
Drawdown: 0.00 % Date: 6/30/2013
Drawdown: -6.57 % Date: 5/31/2013
Drawdown: -10.92 % Date: 4/30/2013
Drawdown: 0.00 % Date: 3/31/2013
Drawdown: 0.00 % Date: 2/28/2013
Drawdown: -1.03 % Date: 1/31/2013
Drawdown: -10.49 % Date: 12/31/2012
Drawdown: -7.48 % Date: 11/30/2012
Drawdown: -10.63 % Date: 10/31/2012
Drawdown: -11.81 % Date: 9/30/2012
Drawdown: -12.28 % Date: 8/31/2012
Drawdown: 0.00 % Date: 7/31/2012
Drawdown: -5.04 % Date: 6/30/2012
Drawdown: -29.11 % Date: 5/31/2012
Drawdown: -46.91 % Date: 4/30/2012
Drawdown: -28.89 % Date: 3/31/2012
Drawdown: -41.92 % Date: 2/29/2012
Drawdown: -44.98 % Date: 1/31/2012
Drawdown: -43.18 % Date: 12/31/2011
Drawdown: -41.30 % Date: 11/30/2011
Drawdown: -37.42 % Date: 10/31/2011
Drawdown: -49.76 % Date: 9/30/2011
Drawdown: -50.62 % Date: 8/31/2011
Drawdown: -42.36 % Date: 7/31/2011
Drawdown: -40.48 % Date: 6/30/2011
Drawdown: -39.42 % Date: 5/31/2011
Drawdown: -11.84 % Date: 4/30/2011
Drawdown: -5.67 % Date: 3/31/2011
Drawdown: 0.00 %
Note: All performance data is since program inception.
Notes to Performance

Manager Information
Manager Name:  Opus Futures, LLC
Address: 9047 Poplar Avenue, Suite 101
City: Germantown
State: TN
Zip: 38138
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.