Altegris Clearing Solutions County Cork LLC County Cork Acclivity Program *QEP*
Monthly Performance (%)
Date Range: 12/15 - 06/17
  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec YTD
2017 1.87 0.92 -2.70 0.34 0.23 0.06 0.66
2016 1.26 4.02 1.59 -2.79 1.84 8.38 0.80 -0.51 1.60 -5.12 -2.37 2.77 11.36
Note: Estimates appear in italics. All performance data is since program inception.
Strategy Description

The Acclivity Program’s objective is to achieve stable portfolio growth with: controlled volatility, high risk adjusted returns, and reasonable drawdowns regardless of the economic or market environment. This is achieved through a long-only “system of systems” comprised of 36 component models trading: US 10yr Interest Rate Futures, Euro Bund Futures, and E-mini S&P 500 Futures. Technical analysis factors include: long and short term trend-following, momentum, price pattern, oscillator, and mean reversion signals.

Performance Statistics
Date Range: 12/15 - 06/17
  Program SP500 TR Altegris 40
Total Return 12.10% 20.52% -9.06%
Annualized Return 7.91% 12.51% -5.82%
Annualized Std. Deviation 9.94% 8.50% 7.57%
Correlation 0.10 0.66
Sharpe Ratio (rf=2.5%) 0.54 1.18 -1.10
Worst Month -5.12% -4.96% -2.92%
Date of Worst Month 10/2016 01/2016 06/2017
Worst Drawdown -7.37% -6.58% -12.21%
Date of Worst Drawdown 9/16 - 11/16 12/15 - 2/16 2/16 - 6/17
Note: Estimates appear in italics. All performance data is since program inception.
Annual Performance (%)
Date Range: 12/15 - 06/17
Year or YTD Program SP500 TR Altegris 40
2017 0.66 9.35 -3.91
2016 11.36 11.98 -3.13
Note: Estimates appear in italics. All performance data is since program inception.
Performance Comparison
Date Range: 12/15 - 06/17
Date: 6/30/2017
Perf: $930.83 Date: 5/31/2017
Perf: $958.83 Date: 4/30/2017
Perf: $957.01 Date: 3/31/2017
Perf: $962.79 Date: 2/28/2017
Perf: $977.05 Date: 1/31/2017
Perf: $956.21 Date: 12/31/2016
Perf: $968.70 Date: 11/30/2016
Perf: $961.40 Date: 10/31/2016
Perf: $972.09 Date: 9/30/2016
Perf: $997.84 Date: 8/31/2016
Perf: $1,010.88 Date: 7/31/2016
Perf: $1,038.82 Date: 6/30/2016
Perf: $1,028.33 Date: 5/31/2016
Perf: $986.41 Date: 4/30/2016
Perf: $1,003.98 Date: 3/31/2016
Perf: $1,029.83 Date: 2/29/2016
Perf: $1,060.26 Date: 1/31/2016
Perf: $1,034.80 Date: 12/31/2015
Perf: $1,000.00 Date: 6/30/2017
Perf: $1,224.51 Date: 5/31/2017
Perf: $1,216.97 Date: 4/30/2017
Perf: $1,200.05 Date: 3/31/2017
Perf: $1,187.81 Date: 2/28/2017
Perf: $1,186.39 Date: 1/31/2017
Perf: $1,141.09 Date: 12/31/2016
Perf: $1,119.81 Date: 11/30/2016
Perf: $1,098.07 Date: 10/31/2016
Perf: $1,058.89 Date: 9/30/2016
Perf: $1,078.52 Date: 8/31/2016
Perf: $1,078.31 Date: 7/31/2016
Perf: $1,076.80 Date: 6/30/2016
Perf: $1,038.48 Date: 5/31/2016
Perf: $1,035.79 Date: 4/30/2016
Perf: $1,017.47 Date: 3/31/2016
Perf: $1,013.52 Date: 2/29/2016
Perf: $949.16 Date: 1/31/2016
Perf: $950.40 Date: 12/31/2015
Perf: $1,000.00 Date: 6/30/2017
Perf: $1,121.01 Date: 5/31/2017
Perf: $1,120.34 Date: 4/30/2017
Perf: $1,117.77 Date: 3/31/2017
Perf: $1,113.98 Date: 2/28/2017
Perf: $1,144.90 Date: 1/31/2017
Perf: $1,134.46 Date: 12/31/2016
Perf: $1,113.63 Date: 11/30/2016
Perf: $1,083.62 Date: 10/31/2016
Perf: $1,109.92 Date: 9/30/2016
Perf: $1,169.82 Date: 8/31/2016
Perf: $1,151.39 Date: 7/31/2016
Perf: $1,157.30 Date: 6/30/2016
Perf: $1,148.11 Date: 5/31/2016
Perf: $1,059.34 Date: 4/30/2016
Perf: $1,040.20 Date: 3/31/2016
Perf: $1,070.05 Date: 2/29/2016
Perf: $1,053.31 Date: 1/31/2016
Perf: $1,012.60 Date: 12/31/2015
Perf: $1,000.00
Note: All performance data is since program inception.

Monthly Returns
Date Range: 12/15 - 06/17
Date: 6/30/2017
Return: 0.06 % Date: 5/31/2017
Return: 0.23 % Date: 4/30/2017
Return: 0.34 % Date: 3/31/2017
Return: -2.70 % Date: 2/28/2017
Return: 0.92 % Date: 1/31/2017
Return: 1.87 % Date: 12/31/2016
Return: 2.77 % Date: 11/30/2016
Return: -2.37 % Date: 10/31/2016
Return: -5.12 % Date: 9/30/2016
Return: 1.60 % Date: 8/31/2016
Return: -0.51 % Date: 7/31/2016
Return: 0.80 % Date: 6/30/2016
Return: 8.38 % Date: 5/31/2016
Return: 1.84 % Date: 4/30/2016
Return: -2.79 % Date: 3/31/2016
Return: 1.59 % Date: 2/29/2016
Return: 4.02 % Date: 1/31/2016
Return: 1.26 % Date: 12/31/2015
Return: 0.00 %
Note: All performance data is since program inception.

Distribution of Monthly Returns
Date Range: 12/15 - 06/17
Return: 3.00 %
Count: 1 Return: -2.00 %
Count: 1 Return: -5.00 %
Count: 1 Return: -1.00 %
Count: 1 Return: 8.00 %
Count: 1 Return: -3.00 %
Count: 2 Return: 2.00 %
Count: 4 Return: 4.00 %
Count: 1 Return: 1.00 %
Count: 3 Return: 0.00 %
Count: 4
Note: All performance data is since program inception.

Underwater Curve
Date Range: 12/15 - 06/17
Date: 6/30/2017
Drawdown: -4.17 % Date: 5/31/2017
Drawdown: -4.23 % Date: 4/30/2017
Drawdown: -4.45 % Date: 3/31/2017
Drawdown: -4.77 % Date: 2/28/2017
Drawdown: -2.13 % Date: 1/31/2017
Drawdown: -3.02 % Date: 12/31/2016
Drawdown: -4.80 % Date: 11/30/2016
Drawdown: -7.37 % Date: 10/31/2016
Drawdown: -5.12 % Date: 9/30/2016
Drawdown: 0.00 % Date: 8/31/2016
Drawdown: -0.51 % Date: 7/31/2016
Drawdown: 0.00 % Date: 6/30/2016
Drawdown: 0.00 % Date: 5/31/2016
Drawdown: -1.00 % Date: 4/30/2016
Drawdown: -2.79 % Date: 3/31/2016
Drawdown: 0.00 % Date: 2/29/2016
Drawdown: 0.00 % Date: 1/31/2016
Drawdown: 0.00 %
Note: All performance data is since program inception.
Notes to Performance

Manager Information
Manager Name:  County Cork LLC
Address: 5215 Old Orchard Rd. suite 800
City: Skokie
State: IL
Zip: 60077
Country: United States
Key People
Name:  Robert J. O'Brien Jr.
Position:  Principal
Biography: 

Robert J. O’Brien, Jr.is County Cork LLC’s Chairman and CEO and the Manager of County Cork Asset Management LLC (“CCAM”), an affiliate of County Cork LLC. Mr. O’Brien has been registered as an Associated Person with County Cork LLC since May8, 2002. Mr. O’Brien is one of County Cork LLC’s trading principals and is primarily responsible for review and acceptance of trading-related decisions, including money management, portfolio selection, and halt trading decisions.


Name:  Thomas Senft
Position:  Principal
Biography: 

Thomas W. Senft is the Chief Operating Officer of County Cork LLC since August, 2011. Mr. Senft is responsible for the CTA’s operations and risk management.


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.