Altegris Clearing Solutions Ilgenwald Trading Livestock Program
Monthly Performance (%)
Date Range: 10/13 - 02/17
  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec YTD
2017 -0.94 -0.09 -1.03
2016 0.78 3.40 4.63 0.52 3.97 -0.78 -0.31 -2.03 2.06 -0.91 -1.54 -2.84 6.83
2015 -1.17 2.67 -1.73 2.05 0.03 1.63 -1.11 -3.18 -12.08 -1.07 6.79 -1.51 -9.39
2014 -0.69 -7.62 -15.37 2.79 -1.47 8.22 -0.83 6.37 9.83 1.57 2.97 1.33 4.49
2013 0.96 3.92 4.92
Note: Estimates appear in italics. All performance data is since program inception.
Strategy Description

Mr. Stanley focuses primarily on the livestock sector, but does occasionally trade other related markets. Mr. Stanley engages in thorough fundamental analysis of the livestock markets, including forecasting both US and world supply and demand for these and related commodities. It also involves constant monitoring of US and world weather, shifts in commodity consumption patterns, political issues, currency relationships and trends, and other market movement. Mr. Stanley will then use this analysis to develop trading strategies that may involve flat price futures positions as well as intra- and inter- market spread positions. Technical or chart analysis is generally used only to help determine entrance and exit points, as Mr. Stanley believes that fundamentals ultimately determine price movement

Performance Statistics
Date Range: 10/13 - 02/17
  Program SP500 TR Altegris 40
Total Return 5.02% 51.16% 17.72%
Annualized Return 1.48% 12.86% 4.89%
Annualized Std. Deviation 15.81% 10.37% 8.90%
Correlation 0.15 0.11
Sharpe Ratio (rf=2.5%) -0.06 1.00 0.27
Worst Month -15.37% -6.03% -5.20%
Date of Worst Month 03/2014 08/2015 06/2015
Worst Drawdown -22.36% -8.35% -10.39%
Date of Worst Drawdown 12/13 - 3/14 7/15 - 9/15 3/15 - 1/17
Note: Estimates appear in italics. All performance data is since program inception.
Annual Performance (%)
Date Range: 10/13 - 02/17
Year or YTD Program SP500 TR Altegris 40
2017 -1.03 5.95 0.86
2016 6.83 11.98 -3.13
2015 -9.39 1.41 0.09
2014 4.49 13.69 15.75
2013 4.92 5.66 1.67
Note: Estimates appear in italics. All performance data is since program inception.
Performance Comparison
Date Range: 10/13 - 02/17
Date: 2/28/2017
Perf: $1,150.81 Date: 1/31/2017
Perf: $1,126.26 Date: 12/31/2016
Perf: $1,140.97 Date: 11/30/2016
Perf: $1,132.37 Date: 10/31/2016
Perf: $1,144.96 Date: 9/30/2016
Perf: $1,175.29 Date: 8/31/2016
Perf: $1,190.64 Date: 7/31/2016
Perf: $1,223.56 Date: 6/30/2016
Perf: $1,211.20 Date: 5/31/2016
Perf: $1,161.83 Date: 4/30/2016
Perf: $1,182.52 Date: 3/31/2016
Perf: $1,212.97 Date: 2/29/2016
Perf: $1,248.81 Date: 1/31/2016
Perf: $1,218.82 Date: 12/31/2015
Perf: $1,177.83 Date: 11/30/2015
Perf: $1,205.56 Date: 10/31/2015
Perf: $1,165.81 Date: 9/30/2015
Perf: $1,186.45 Date: 8/31/2015
Perf: $1,161.25 Date: 7/31/2015
Perf: $1,181.70 Date: 6/30/2015
Perf: $1,137.23 Date: 5/31/2015
Perf: $1,199.61 Date: 4/30/2015
Perf: $1,208.31 Date: 3/31/2015
Perf: $1,256.82 Date: 2/28/2015
Perf: $1,229.65 Date: 1/31/2015
Perf: $1,231.62 Date: 12/31/2014
Perf: $1,176.78 Date: 11/30/2014
Perf: $1,156.43 Date: 10/31/2014
Perf: $1,091.49 Date: 9/30/2014
Perf: $1,075.67 Date: 8/31/2014
Perf: $1,059.88 Date: 7/31/2014
Perf: $1,016.87 Date: 6/30/2014
Perf: $1,025.07 Date: 5/31/2014
Perf: $1,016.33 Date: 4/30/2014
Perf: $990.96 Date: 3/31/2014
Perf: $983.48 Date: 2/28/2014
Perf: $998.26 Date: 1/31/2014
Perf: $990.14 Date: 12/31/2013
Perf: $1,016.67 Date: 11/30/2013
Perf: $1,018.10 Date: 10/31/2013
Perf: $1,000.00 Date: 2/28/2017
Perf: $1,445.17 Date: 1/31/2017
Perf: $1,389.98 Date: 12/31/2016
Perf: $1,364.07 Date: 11/30/2016
Perf: $1,337.58 Date: 10/31/2016
Perf: $1,289.86 Date: 9/30/2016
Perf: $1,313.77 Date: 8/31/2016
Perf: $1,313.51 Date: 7/31/2016
Perf: $1,311.67 Date: 6/30/2016
Perf: $1,264.99 Date: 5/31/2016
Perf: $1,261.71 Date: 4/30/2016
Perf: $1,239.40 Date: 3/31/2016
Perf: $1,234.59 Date: 2/29/2016
Perf: $1,156.20 Date: 1/31/2016
Perf: $1,157.70 Date: 12/31/2015
Perf: $1,218.12 Date: 11/30/2015
Perf: $1,237.68 Date: 10/31/2015
Perf: $1,233.97 Date: 9/30/2015
Perf: $1,137.93 Date: 8/31/2015
Perf: $1,166.75 Date: 7/31/2015
Perf: $1,241.62 Date: 6/30/2015
Perf: $1,216.08 Date: 5/31/2015
Perf: $1,240.14 Date: 4/30/2015
Perf: $1,224.35 Date: 3/31/2015
Perf: $1,212.71 Date: 2/28/2015
Perf: $1,232.17 Date: 1/31/2015
Perf: $1,165.18 Date: 12/31/2014
Perf: $1,201.21 Date: 11/30/2014
Perf: $1,204.22 Date: 10/31/2014
Perf: $1,172.68 Date: 9/30/2014
Perf: $1,144.75 Date: 8/31/2014
Perf: $1,161.00 Date: 7/31/2014
Perf: $1,116.35 Date: 6/30/2014
Perf: $1,131.97 Date: 5/31/2014
Perf: $1,109.01 Date: 4/30/2014
Perf: $1,083.55 Date: 3/31/2014
Perf: $1,075.59 Date: 2/28/2014
Perf: $1,066.63 Date: 1/31/2014
Perf: $1,020.01 Date: 12/31/2013
Perf: $1,056.57 Date: 11/30/2013
Perf: $1,030.50 Date: 10/31/2013
Perf: $1,000.00 Date: 2/28/2017
Perf: $1,050.21 Date: 1/31/2017
Perf: $1,051.15 Date: 12/31/2016
Perf: $1,061.13 Date: 11/30/2016
Perf: $1,092.15 Date: 10/31/2016
Perf: $1,109.23 Date: 9/30/2016
Perf: $1,119.41 Date: 8/31/2016
Perf: $1,096.82 Date: 7/31/2016
Perf: $1,119.55 Date: 6/30/2016
Perf: $1,123.03 Date: 5/31/2016
Perf: $1,131.86 Date: 4/30/2016
Perf: $1,088.64 Date: 3/31/2016
Perf: $1,083.01 Date: 2/29/2016
Perf: $1,035.08 Date: 1/31/2016
Perf: $1,001.05 Date: 12/31/2015
Perf: $993.30 Date: 11/30/2015
Perf: $1,008.53 Date: 10/31/2015
Perf: $944.40 Date: 9/30/2015
Perf: $954.62 Date: 8/31/2015
Perf: $1,085.78 Date: 7/31/2015
Perf: $1,121.44 Date: 6/30/2015
Perf: $1,134.03 Date: 5/31/2015
Perf: $1,115.84 Date: 4/30/2015
Perf: $1,115.51 Date: 3/31/2015
Perf: $1,093.10 Date: 2/28/2015
Perf: $1,112.34 Date: 1/31/2015
Perf: $1,083.41 Date: 12/31/2014
Perf: $1,096.24 Date: 11/30/2014
Perf: $1,081.85 Date: 10/31/2014
Perf: $1,050.65 Date: 9/30/2014
Perf: $1,034.41 Date: 8/31/2014
Perf: $941.82 Date: 7/31/2014
Perf: $885.42 Date: 6/30/2014
Perf: $892.83 Date: 5/31/2014
Perf: $825.02 Date: 4/30/2014
Perf: $837.33 Date: 3/31/2014
Perf: $814.60 Date: 2/28/2014
Perf: $962.54 Date: 1/31/2014
Perf: $1,041.94 Date: 12/31/2013
Perf: $1,049.18 Date: 11/30/2013
Perf: $1,009.60 Date: 10/31/2013
Perf: $1,000.00
Note: All performance data is since program inception.

Monthly Returns
Date Range: 10/13 - 02/17
Date: 2/28/2017
Return: -0.09 % Date: 1/31/2017
Return: -0.94 % Date: 12/31/2016
Return: -2.84 % Date: 11/30/2016
Return: -1.54 % Date: 10/31/2016
Return: -0.91 % Date: 9/30/2016
Return: 2.06 % Date: 8/31/2016
Return: -2.03 % Date: 7/31/2016
Return: -0.31 % Date: 6/30/2016
Return: -0.78 % Date: 5/31/2016
Return: 3.97 % Date: 4/30/2016
Return: 0.52 % Date: 3/31/2016
Return: 4.63 % Date: 2/29/2016
Return: 3.40 % Date: 1/31/2016
Return: 0.78 % Date: 12/31/2015
Return: -1.51 % Date: 11/30/2015
Return: 6.79 % Date: 10/31/2015
Return: -1.07 % Date: 9/30/2015
Return: -12.08 % Date: 8/31/2015
Return: -3.18 % Date: 7/31/2015
Return: -1.11 % Date: 6/30/2015
Return: 1.63 % Date: 5/31/2015
Return: 0.03 % Date: 4/30/2015
Return: 2.05 % Date: 3/31/2015
Return: -1.73 % Date: 2/28/2015
Return: 2.67 % Date: 1/31/2015
Return: -1.17 % Date: 12/31/2014
Return: 1.33 % Date: 11/30/2014
Return: 2.97 % Date: 10/31/2014
Return: 1.57 % Date: 9/30/2014
Return: 9.83 % Date: 8/31/2014
Return: 6.37 % Date: 7/31/2014
Return: -0.83 % Date: 6/30/2014
Return: 8.22 % Date: 5/31/2014
Return: -1.47 % Date: 4/30/2014
Return: 2.79 % Date: 3/31/2014
Return: -15.37 % Date: 2/28/2014
Return: -7.62 % Date: 1/31/2014
Return: -0.69 % Date: 12/31/2013
Return: 3.92 % Date: 11/30/2013
Return: 0.96 % Date: 10/31/2013
Return: 0.00 %
Note: All performance data is since program inception.

Distribution of Monthly Returns
Date Range: 10/13 - 02/17
Return: 5.00 %
Count: 1 Return: 7.00 %
Count: 1 Return: -12.00 %
Count: 1 Return: -3.00 %
Count: 2 Return: -2.00 %
Count: 4 Return: 2.00 %
Count: 4 Return: 10.00 %
Count: 1 Return: 6.00 %
Count: 1 Return: 8.00 %
Count: 1 Return: 3.00 %
Count: 4 Return: -15.00 %
Count: 1 Return: -8.00 %
Count: 1 Return: -1.00 %
Count: 9 Return: 4.00 %
Count: 2 Return: 1.00 %
Count: 4 Return: 0.00 %
Count: 4
Note: All performance data is since program inception.

Underwater Curve
Date Range: 10/13 - 02/17
Date: 2/28/2017
Drawdown: -7.39 % Date: 1/31/2017
Drawdown: -7.31 % Date: 12/31/2016
Drawdown: -6.43 % Date: 11/30/2016
Drawdown: -3.69 % Date: 10/31/2016
Drawdown: -2.19 % Date: 9/30/2016
Drawdown: -1.29 % Date: 8/31/2016
Drawdown: -3.28 % Date: 7/31/2016
Drawdown: -1.28 % Date: 6/30/2016
Drawdown: -0.97 % Date: 5/31/2016
Drawdown: -0.19 % Date: 4/30/2016
Drawdown: -4.00 % Date: 3/31/2016
Drawdown: -4.50 % Date: 2/29/2016
Drawdown: -8.73 % Date: 1/31/2016
Drawdown: -11.73 % Date: 12/31/2015
Drawdown: -12.41 % Date: 11/30/2015
Drawdown: -11.07 % Date: 10/31/2015
Drawdown: -16.72 % Date: 9/30/2015
Drawdown: -15.82 % Date: 8/31/2015
Drawdown: -4.25 % Date: 7/31/2015
Drawdown: -1.11 % 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: -1.73 % Date: 2/28/2015
Drawdown: 0.00 % Date: 1/31/2015
Drawdown: -1.17 % Date: 12/31/2014
Drawdown: 0.00 % Date: 11/30/2014
Drawdown: 0.00 % Date: 10/31/2014
Drawdown: 0.00 % Date: 9/30/2014
Drawdown: -1.41 % Date: 8/31/2014
Drawdown: -10.23 % Date: 7/31/2014
Drawdown: -15.61 % Date: 6/30/2014
Drawdown: -14.90 % Date: 5/31/2014
Drawdown: -21.37 % Date: 4/30/2014
Drawdown: -20.19 % Date: 3/31/2014
Drawdown: -22.36 % Date: 2/28/2014
Drawdown: -8.26 % Date: 1/31/2014
Drawdown: -0.69 % Date: 12/31/2013
Drawdown: 0.00 % Date: 11/30/2013
Drawdown: 0.00 %
Note: All performance data is since program inception.
Notes to Performance

Manager Information
Manager Name:  Ilgenwald Trading
Address:
City:
State:
Zip:
Country:
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.