Altegris Clearing Solutions Abingdon Global, LLC Macro Catalyst Driven Strategy
Monthly Performance (%)
Date Range: 03/16 - 05/17
  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec YTD
2017 -1.11 -0.54 0.67 3.32 0.43 2.74
2016 -3.65 -1.75 0.25 0.84 0.94 0.89 -0.20 0.56 -1.34 -3.50
Note: Estimates appear in italics. All performance data is since program inception.
Strategy Description

The strategy has a short to medium term horizon focused on only the most liquid futures markets, which allows Abingdon to apply strict risk management utilizing tight downside risk limits. Risk controls are applied on the portfolio and position level with predefined downside at the outset of every trade managed by either premium at risk or stop loss orders. Percentage based risk management from entry and last price is paramount. The resulting portfolio is one in which overall market exposure can remain low for extended periods of time and rise episodically. The strategy is neither geared towards trend following nor countertrend trading. The objective is to profit from occasional price adjustments in particular markets rather than to run portfolios with particular tilts to collect risk premia. When no particular opportunities present themselves, the default position is 100% cash.

Performance Statistics
Date Range: 03/16 - 05/17
  Program SP500 TR Altegris 40
Total Return -0.86% 28.21% -9.57%
Annualized Return -0.74% 22.00% -7.73%
Annualized Std. Deviation 5.41% 7.13% 6.73%
Correlation -0.01 0.14
Sharpe Ratio (rf=2.5%) -0.60 2.74 -1.52
Worst Month -3.65% -1.82% -2.87%
Date of Worst Month 04/2016 10/2016 03/2016
Worst Drawdown -5.34% -1.82% -9.81%
Date of Worst Drawdown 3/16 - 5/16 9/16 - 10/16 7/16 - 1/17
Note: Estimates appear in italics. All performance data is since program inception.
Annual Performance (%)
Date Range: 03/16 - 05/17
Year or YTD Program SP500 TR Altegris 40
2017 2.74 8.68 -1.02
2016 -3.50 10.49 -5.94
Note: Estimates appear in italics. All performance data is since program inception.
Performance Comparison
Date Range: 03/16 - 05/17
Date: 5/31/2017
Perf: $931.06 Date: 4/30/2017
Perf: $929.29 Date: 3/31/2017
Perf: $934.90 Date: 2/28/2017
Perf: $948.76 Date: 1/31/2017
Perf: $928.51 Date: 12/31/2016
Perf: $940.65 Date: 11/30/2016
Perf: $933.55 Date: 10/31/2016
Perf: $943.94 Date: 9/30/2016
Perf: $968.94 Date: 8/31/2016
Perf: $981.60 Date: 7/31/2016
Perf: $1,008.73 Date: 6/30/2016
Perf: $998.55 Date: 5/31/2016
Perf: $957.84 Date: 4/30/2016
Perf: $974.90 Date: 3/31/2016
Perf: $1,000.00 Date: 5/31/2017
Perf: $1,200.74 Date: 4/30/2017
Perf: $1,184.04 Date: 3/31/2017
Perf: $1,171.97 Date: 2/28/2017
Perf: $1,170.57 Date: 1/31/2017
Perf: $1,125.87 Date: 12/31/2016
Perf: $1,104.88 Date: 11/30/2016
Perf: $1,083.43 Date: 10/31/2016
Perf: $1,044.77 Date: 9/30/2016
Perf: $1,064.14 Date: 8/31/2016
Perf: $1,063.92 Date: 7/31/2016
Perf: $1,062.44 Date: 6/30/2016
Perf: $1,024.63 Date: 5/31/2016
Perf: $1,021.97 Date: 4/30/2016
Perf: $1,003.90 Date: 3/31/2016
Perf: $1,000.00 Date: 5/31/2017
Perf: $991.42 Date: 4/30/2017
Perf: $987.18 Date: 3/31/2017
Perf: $955.46 Date: 2/28/2017
Perf: $949.10 Date: 1/31/2017
Perf: $954.25 Date: 12/31/2016
Perf: $964.96 Date: 11/30/2016
Perf: $978.07 Date: 10/31/2016
Perf: $972.62 Date: 9/30/2016
Perf: $974.57 Date: 8/31/2016
Perf: $965.97 Date: 7/31/2016
Perf: $956.98 Date: 6/30/2016
Perf: $949.01 Date: 5/31/2016
Perf: $946.64 Date: 4/30/2016
Perf: $963.50 Date: 3/31/2016
Perf: $1,000.00
Note: All performance data is since program inception.

Monthly Returns
Date Range: 03/16 - 05/17
Date: 5/31/2017
Return: 0.43 % Date: 4/30/2017
Return: 3.32 % Date: 3/31/2017
Return: 0.67 % Date: 2/28/2017
Return: -0.54 % Date: 1/31/2017
Return: -1.11 % Date: 12/31/2016
Return: -1.34 % Date: 11/30/2016
Return: 0.56 % Date: 10/31/2016
Return: -0.20 % Date: 9/30/2016
Return: 0.89 % Date: 8/31/2016
Return: 0.94 % Date: 7/31/2016
Return: 0.84 % Date: 6/30/2016
Return: 0.25 % Date: 5/31/2016
Return: -1.75 % Date: 4/30/2016
Return: -3.65 % Date: 3/31/2016
Return: 0.00 %
Note: All performance data is since program inception.

Distribution of Monthly Returns
Date Range: 03/16 - 05/17
Return: 3.00 %
Count: 1 Return: -1.00 %
Count: 3 Return: 1.00 %
Count: 5 Return: -2.00 %
Count: 1 Return: -4.00 %
Count: 1 Return: 0.00 %
Count: 4
Note: All performance data is since program inception.

Underwater Curve
Date Range: 03/16 - 05/17
Date: 5/31/2017
Drawdown: -0.86 % Date: 4/30/2017
Drawdown: -1.28 % Date: 3/31/2017
Drawdown: -4.45 % Date: 2/28/2017
Drawdown: -5.09 % Date: 1/31/2017
Drawdown: -4.57 % Date: 12/31/2016
Drawdown: -3.50 % Date: 11/30/2016
Drawdown: -2.19 % Date: 10/31/2016
Drawdown: -2.74 % Date: 9/30/2016
Drawdown: -2.54 % Date: 8/31/2016
Drawdown: -3.40 % Date: 7/31/2016
Drawdown: -4.30 % Date: 6/30/2016
Drawdown: -5.10 % Date: 5/31/2016
Drawdown: -5.34 % Date: 4/30/2016
Drawdown: -3.65 %
Note: All performance data is since program inception.
Notes to Performance

Manager Information
Manager Name:  Abingdon Global, LLC
Address: 299 West 12th Street 15L
City: New York
State: NY
Zip: 10014-1825
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.