Altegris Clearing Solutions Conquest Capital Group LLC Conquest Macro Composite *QEP*
Monthly Performance (%)
Date Range: 04/99 - 10/17
  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec YTD
2017 -6.76 -0.78 -1.47 -1.84 -2.74 -4.80 -5.26 2.72 -4.45 -2.52 -24.91
2016 15.07 8.00 -11.61 3.12 0.94 9.93 0.61 -7.86 -2.06 -1.09 -6.46 1.05 6.69
2015 13.40 -0.47 1.88 -0.03 -6.35 -6.01 1.82 17.82 -0.74 -9.65 4.01 -9.96 1.95
2014 12.96 -1.09 -1.79 -6.53 1.13 -1.46 0.24 1.75 -0.28 1.88 0.87 -3.11 3.51
2013 -13.38 3.81 -3.80 1.94 1.77 -0.77 -0.38 1.05 2.89 -0.82 -3.42 5.69 -6.62
2012 -4.21 -6.04 -5.98 -0.24 14.98 -13.41 1.47 -9.51 -5.42 -0.41 -2.46 -6.12 -33.44
2011 -9.00 -0.54 -1.79 1.29 0.63 -3.62 7.93 2.54 11.19 -14.12 2.04 -0.26 -6.08
2010 0.85 1.84 2.42 1.00 11.92 1.18 -9.09 10.24 -3.35 -2.62 -5.29 -2.39 4.91
2009 6.20 -1.49 -2.90 -3.44 5.05 2.13 5.49 -10.70 -3.69 -0.36 -1.60 -8.26 -14.12
2008 13.05 3.92 4.17 1.42 -5.64 8.06 -6.40 6.08 8.50 3.80 2.08 0.78 45.59
2007 -0.50 -2.32 1.29 2.34 -8.44 -0.74 11.55 0.53 4.28 4.45 6.70 1.30 20.88
2006 2.89 -0.94 -3.01 11.64 5.35 -2.03 -1.67 -5.05 -5.95 3.91 3.28 0.64 8.03
2005 -9.80 -1.05 -0.01 1.25 2.27 2.22 -1.96 2.66 -0.53 -1.07 5.71 2.81 1.68
2004 1.79 0.76 -1.64 0.18 1.20 -7.76 -1.59 -0.17 -3.28 3.95 2.69 3.80 -0.67
2003 -5.54 1.42 6.89 -10.22 8.63 -2.00 1.29 2.56 4.33 -5.27 -0.42 0.23 0.29
2002 6.14 -7.58 20.63 2.93 -3.67 6.16 1.43 -2.50 1.58 -0.52 2.08 6.50 35.32
2001 -5.44 -5.64 11.99 -5.74 3.77 -2.32 3.59 4.84 -1.12 5.05 -8.64 3.87 2.21
2000 4.25 -1.52 7.16 -2.90 8.08 -4.13 -2.60 3.02 -3.03 4.69 7.81 17.93 43.35
1999 -2.63 2.86 -1.74 -1.73 1.12 -5.26 4.28 1.08 -2.34
Note: Estimates appear in italics. All performance data is since program inception.
Strategy Description

Conquest Macro is a systematic trading strategy that captures short-term price movements in futures and FX markets. The program itself consists of four independent strategies: a short-term long-volatility strategy, a short-term trend-following strategy, a short-term counter-trend strategy, and a risk capture strategy. These four strategies operate in parallel to invest in approximately 30 of the most liquid global foreign exchange, fixed income, equity, and physical commodity markets. The selected markets constitute a portfolio that is balanced both in terms of geography and asset mix. This diversification of assets and non-optimized risk allocations contribute to the robustness and stability of the returns.

Performance Statistics
Date Range: 04/99 - 10/17
  Program SP500 TR Altegris 40
Total Return 65.81% 185.47% 134.48%
Annualized Return 2.77% 5.81% 4.69%
Annualized Std. Deviation 19.84% 14.49% 10.11%
Correlation -0.37 0.35
Sharpe Ratio (rf=2.5%) 0.01 0.23 0.22
Worst Month -14.12% -16.79% -7.77%
Date of Worst Month 10/2011 10/2008 11/2001
Worst Drawdown -59.94% -50.95% -15.74%
Date of Worst Drawdown 7/09 - 10/17 10/07 - 2/09 4/11 - 9/13
Note: Estimates appear in italics. All performance data is since program inception.
Annual Performance (%)
Date Range: 04/99 - 10/17
Year or YTD Program SP500 TR Altegris 40
2017 -24.91 16.92 0.02
2016 6.69 11.98 -3.13
2015 1.95 1.41 0.09
2014 3.51 13.69 15.75
2013 -6.62 32.41 -2.45
2012 -33.44 15.98 -4.75
2011 -6.08 2.12 -3.23
2010 4.91 15.06 11.33
2009 -14.12 26.45 -7.98
2008 45.59 -36.99 15.47
2007 20.88 5.50 7.18
2006 8.03 15.79 6.70
2005 1.68 4.89 4.51
2004 -0.67 10.87 2.57
2003 0.29 28.69 15.99
2002 35.32 -22.10 15.22
2001 2.21 -11.88 5.39
2000 43.35 -9.09 10.63
1999 -2.34 11.01 -0.26
Note: Estimates appear in italics. All performance data is since program inception.
Performance Comparison
Date Range: 04/99 - 10/17
Date: 10/31/2017
Perf: $2,274.93 Date: 9/30/2017
Perf: $2,183.44 Date: 8/31/2017
Perf: $2,230.51 Date: 7/31/2017
Perf: $2,194.09 Date: 6/30/2017
Perf: $2,185.56 Date: 5/31/2017
Perf: $2,251.30 Date: 4/30/2017
Perf: $2,247.03 Date: 3/31/2017
Perf: $2,260.60 Date: 2/28/2017
Perf: $2,294.09 Date: 1/31/2017
Perf: $2,245.14 Date: 12/31/2016
Perf: $2,274.49 Date: 11/30/2016
Perf: $2,257.33 Date: 10/31/2016
Perf: $2,282.44 Date: 9/30/2016
Perf: $2,342.88 Date: 8/31/2016
Perf: $2,373.50 Date: 7/31/2016
Perf: $2,439.11 Date: 6/30/2016
Perf: $2,414.49 Date: 5/31/2016
Perf: $2,316.05 Date: 4/30/2016
Perf: $2,357.31 Date: 3/31/2016
Perf: $2,418.00 Date: 2/29/2016
Perf: $2,489.44 Date: 1/31/2016
Perf: $2,429.67 Date: 12/31/2015
Perf: $2,347.97 Date: 11/30/2015
Perf: $2,403.24 Date: 10/31/2015
Perf: $2,323.99 Date: 9/30/2015
Perf: $2,365.15 Date: 8/31/2015
Perf: $2,314.91 Date: 7/31/2015
Perf: $2,355.67 Date: 6/30/2015
Perf: $2,267.02 Date: 5/31/2015
Perf: $2,391.38 Date: 4/30/2015
Perf: $2,408.72 Date: 3/31/2015
Perf: $2,505.43 Date: 2/28/2015
Perf: $2,451.26 Date: 1/31/2015
Perf: $2,455.18 Date: 12/31/2014
Perf: $2,345.87 Date: 11/30/2014
Perf: $2,305.29 Date: 10/31/2014
Perf: $2,175.83 Date: 9/30/2014
Perf: $2,144.31 Date: 8/31/2014
Perf: $2,112.83 Date: 7/31/2014
Perf: $2,027.08 Date: 6/30/2014
Perf: $2,043.43 Date: 5/31/2014
Perf: $2,026.01 Date: 4/30/2014
Perf: $1,975.44 Date: 3/31/2014
Perf: $1,960.54 Date: 2/28/2014
Perf: $1,989.99 Date: 1/31/2014
Perf: $1,973.80 Date: 12/31/2013
Perf: $2,026.70 Date: 11/30/2013
Perf: $2,029.54 Date: 10/31/2013
Perf: $1,993.46 Date: 9/30/2013
Perf: $1,948.83 Date: 8/31/2013
Perf: $1,960.59 Date: 7/31/2013
Perf: $1,998.97 Date: 6/30/2013
Perf: $2,016.52 Date: 5/31/2013
Perf: $2,095.96 Date: 4/30/2013
Perf: $2,190.13 Date: 3/31/2013
Perf: $2,135.05 Date: 2/28/2013
Perf: $2,104.74 Date: 1/31/2013
Perf: $2,117.02 Date: 12/31/2012
Perf: $2,077.54 Date: 11/30/2012
Perf: $2,067.41 Date: 10/31/2012
Perf: $2,061.64 Date: 9/30/2012
Perf: $2,139.08 Date: 8/31/2012
Perf: $2,174.96 Date: 7/31/2012
Perf: $2,204.95 Date: 6/30/2012
Perf: $2,118.31 Date: 5/31/2012
Perf: $2,201.07 Date: 4/30/2012
Perf: $2,160.03 Date: 3/31/2012
Perf: $2,147.15 Date: 2/29/2012
Perf: $2,197.02 Date: 1/31/2012
Perf: $2,188.05 Date: 12/31/2011
Perf: $2,181.07 Date: 11/30/2011
Perf: $2,160.33 Date: 10/31/2011
Perf: $2,153.87 Date: 9/30/2011
Perf: $2,242.68 Date: 8/31/2011
Perf: $2,244.02 Date: 7/31/2011
Perf: $2,248.52 Date: 6/30/2011
Perf: $2,170.60 Date: 5/31/2011
Perf: $2,228.54 Date: 4/30/2011
Perf: $2,312.96 Date: 3/31/2011
Perf: $2,226.14 Date: 2/28/2011
Perf: $2,260.73 Date: 1/31/2011
Perf: $2,222.94 Date: 12/31/2010
Perf: $2,253.82 Date: 11/30/2010
Perf: $2,161.11 Date: 10/31/2010
Perf: $2,240.42 Date: 9/30/2010
Perf: $2,156.74 Date: 8/31/2010
Perf: $2,118.19 Date: 7/31/2010
Perf: $2,033.98 Date: 6/30/2010
Perf: $2,060.56 Date: 5/31/2010
Perf: $2,052.76 Date: 4/30/2010
Perf: $2,103.67 Date: 3/31/2010
Perf: $2,071.76 Date: 2/28/2010
Perf: $1,992.66 Date: 1/31/2010
Perf: $1,974.10 Date: 12/31/2009
Perf: $2,024.51 Date: 11/30/2009
Perf: $2,108.86 Date: 10/31/2009
Perf: $2,027.17 Date: 9/30/2009
Perf: $2,080.43 Date: 8/31/2009
Perf: $2,032.06 Date: 7/31/2009
Perf: $2,025.38 Date: 6/30/2009
Perf: $2,027.61 Date: 5/31/2009
Perf: $2,083.02 Date: 4/30/2009
Perf: $2,054.67 Date: 3/31/2009
Perf: $2,124.12 Date: 2/28/2009
Perf: $2,184.64 Date: 1/31/2009
Perf: $2,185.73 Date: 12/31/2008
Perf: $2,200.03 Date: 11/30/2008
Perf: $2,144.91 Date: 10/31/2008
Perf: $2,068.98 Date: 9/30/2008
Perf: $1,967.64 Date: 8/31/2008
Perf: $1,963.52 Date: 7/31/2008
Perf: $2,017.38 Date: 6/30/2008
Perf: $2,114.44 Date: 5/31/2008
Perf: $2,059.45 Date: 4/30/2008
Perf: $2,017.88 Date: 3/31/2008
Perf: $2,041.36 Date: 2/29/2008
Perf: $2,050.38 Date: 1/31/2008
Perf: $1,939.99 Date: 12/31/2007
Perf: $1,905.32 Date: 11/30/2007
Perf: $1,909.71 Date: 10/31/2007
Perf: $1,922.20 Date: 9/30/2007
Perf: $1,842.78 Date: 8/31/2007
Perf: $1,760.56 Date: 7/31/2007
Perf: $1,828.77 Date: 6/30/2007
Perf: $1,887.08 Date: 5/31/2007
Perf: $1,834.08 Date: 4/30/2007
Perf: $1,770.86 Date: 3/31/2007
Perf: $1,699.48 Date: 2/28/2007
Perf: $1,740.20 Date: 1/31/2007
Perf: $1,808.00 Date: 12/31/2006
Perf: $1,777.61 Date: 11/30/2006
Perf: $1,719.49 Date: 10/31/2006
Perf: $1,678.37 Date: 9/30/2006
Perf: $1,660.11 Date: 8/31/2006
Perf: $1,677.89 Date: 7/31/2006
Perf: $1,659.31 Date: 6/30/2006
Perf: $1,684.23 Date: 5/31/2006
Perf: $1,707.63 Date: 4/30/2006
Perf: $1,754.11 Date: 3/31/2006
Perf: $1,712.33 Date: 2/28/2006
Perf: $1,667.64 Date: 1/31/2006
Perf: $1,697.86 Date: 12/31/2005
Perf: $1,666.04 Date: 11/30/2005
Perf: $1,696.75 Date: 10/31/2005
Perf: $1,626.95 Date: 9/30/2005
Perf: $1,624.35 Date: 8/31/2005
Perf: $1,599.72 Date: 7/31/2005
Perf: $1,591.13 Date: 6/30/2005
Perf: $1,590.17 Date: 5/31/2005
Perf: $1,537.74 Date: 4/30/2005
Perf: $1,491.64 Date: 3/31/2005
Perf: $1,529.11 Date: 2/28/2005
Perf: $1,537.72 Date: 1/31/2005
Perf: $1,527.18 Date: 12/31/2004
Perf: $1,594.13 Date: 11/30/2004
Perf: $1,588.89 Date: 10/31/2004
Perf: $1,507.34 Date: 9/30/2004
Perf: $1,457.50 Date: 8/31/2004
Perf: $1,438.08 Date: 7/31/2004
Perf: $1,448.08 Date: 6/30/2004
Perf: $1,464.77 Date: 5/31/2004
Perf: $1,514.76 Date: 4/30/2004
Perf: $1,539.23 Date: 3/31/2004
Perf: $1,641.33 Date: 2/29/2004
Perf: $1,657.57 Date: 1/31/2004
Perf: $1,569.07 Date: 12/31/2003
Perf: $1,554.15 Date: 11/30/2003
Perf: $1,489.65 Date: 10/31/2003
Perf: $1,494.13 Date: 9/30/2003
Perf: $1,461.26 Date: 8/31/2003
Perf: $1,468.01 Date: 7/31/2003
Perf: $1,454.34 Date: 6/30/2003
Perf: $1,487.97 Date: 5/31/2003
Perf: $1,526.28 Date: 4/30/2003
Perf: $1,441.65 Date: 3/31/2003
Perf: $1,420.77 Date: 2/28/2003
Perf: $1,506.96 Date: 1/31/2003
Perf: $1,422.07 Date: 12/31/2002
Perf: $1,339.93 Date: 11/30/2002
Perf: $1,263.01 Date: 10/31/2002
Perf: $1,298.86 Date: 9/30/2002
Perf: $1,369.82 Date: 8/31/2002
Perf: $1,309.45 Date: 7/31/2002
Perf: $1,278.64 Date: 6/30/2002
Perf: $1,213.82 Date: 5/31/2002
Perf: $1,115.23 Date: 4/30/2002
Perf: $1,087.08 Date: 3/31/2002
Perf: $1,113.35 Date: 2/28/2002
Perf: $1,116.59 Date: 1/31/2002
Perf: $1,148.99 Date: 12/31/2001
Perf: $1,162.95 Date: 11/30/2001
Perf: $1,138.91 Date: 10/31/2001
Perf: $1,234.86 Date: 9/30/2001
Perf: $1,183.73 Date: 8/31/2001
Perf: $1,148.36 Date: 7/31/2001
Perf: $1,115.02 Date: 6/30/2001
Perf: $1,112.57 Date: 5/31/2001
Perf: $1,124.95 Date: 4/30/2001
Perf: $1,124.61 Date: 3/31/2001
Perf: $1,198.43 Date: 2/28/2001
Perf: $1,125.50 Date: 1/31/2001
Perf: $1,114.91 Date: 12/31/2000
Perf: $1,103.43 Date: 11/30/2000
Perf: $1,019.52 Date: 10/31/2000
Perf: $959.46 Date: 9/30/2000
Perf: $939.82 Date: 8/31/2000
Perf: $956.46 Date: 7/31/2000
Perf: $937.16 Date: 6/30/2000
Perf: $953.95 Date: 5/31/2000
Perf: $968.97 Date: 4/30/2000
Perf: $955.87 Date: 3/31/2000
Perf: $970.53 Date: 2/29/2000
Perf: $995.21 Date: 1/31/2000
Perf: $1,006.48 Date: 12/31/1999
Perf: $997.40 Date: 11/30/1999
Perf: $984.70 Date: 10/31/1999
Perf: $965.96 Date: 9/30/1999
Perf: $1,010.63 Date: 8/31/1999
Perf: $1,007.11 Date: 7/31/1999
Perf: $1,001.10 Date: 6/30/1999
Perf: $1,008.97 Date: 5/31/1999
Perf: $983.40 Date: 4/30/1999
Perf: $1,000.00 Date: 10/31/2017
Perf: $2,748.33 Date: 9/30/2017
Perf: $2,685.76 Date: 8/31/2017
Perf: $2,631.55 Date: 7/31/2017
Perf: $2,623.41 Date: 6/30/2017
Perf: $2,570.46 Date: 5/31/2017
Perf: $2,554.62 Date: 4/30/2017
Perf: $2,519.10 Date: 3/31/2017
Perf: $2,493.42 Date: 2/28/2017
Perf: $2,490.43 Date: 1/31/2017
Perf: $2,395.34 Date: 12/31/2016
Perf: $2,350.67 Date: 11/30/2016
Perf: $2,305.03 Date: 10/31/2016
Perf: $2,222.79 Date: 9/30/2016
Perf: $2,264.00 Date: 8/31/2016
Perf: $2,263.54 Date: 7/31/2016
Perf: $2,260.38 Date: 6/30/2016
Perf: $2,179.94 Date: 5/31/2016
Perf: $2,174.29 Date: 4/30/2016
Perf: $2,135.84 Date: 3/31/2016
Perf: $2,127.54 Date: 2/29/2016
Perf: $1,992.46 Date: 1/31/2016
Perf: $1,995.05 Date: 12/31/2015
Perf: $2,099.17 Date: 11/30/2015
Perf: $2,132.87 Date: 10/31/2015
Perf: $2,126.49 Date: 9/30/2015
Perf: $1,960.98 Date: 8/31/2015
Perf: $2,010.64 Date: 7/31/2015
Perf: $2,139.67 Date: 6/30/2015
Perf: $2,095.66 Date: 5/31/2015
Perf: $2,137.12 Date: 4/30/2015
Perf: $2,109.90 Date: 3/31/2015
Perf: $2,089.84 Date: 2/28/2015
Perf: $2,123.39 Date: 1/31/2015
Perf: $2,007.93 Date: 12/31/2014
Perf: $2,070.03 Date: 11/30/2014
Perf: $2,075.22 Date: 10/31/2014
Perf: $2,020.86 Date: 9/30/2014
Perf: $1,972.72 Date: 8/31/2014
Perf: $2,000.73 Date: 7/31/2014
Perf: $1,923.78 Date: 6/30/2014
Perf: $1,950.70 Date: 5/31/2014
Perf: $1,911.14 Date: 4/30/2014
Perf: $1,867.26 Date: 3/31/2014
Perf: $1,853.54 Date: 2/28/2014
Perf: $1,838.10 Date: 1/31/2014
Perf: $1,757.77 Date: 12/31/2013
Perf: $1,820.77 Date: 11/30/2013
Perf: $1,775.84 Date: 10/31/2013
Perf: $1,723.28 Date: 9/30/2013
Perf: $1,647.50 Date: 8/31/2013
Perf: $1,597.34 Date: 7/31/2013
Perf: $1,645.05 Date: 6/30/2013
Perf: $1,565.37 Date: 5/31/2013
Perf: $1,586.63 Date: 4/30/2013
Perf: $1,550.35 Date: 3/31/2013
Perf: $1,521.00 Date: 2/28/2013
Perf: $1,466.02 Date: 1/31/2013
Perf: $1,446.35 Date: 12/31/2012
Perf: $1,375.12 Date: 11/30/2012
Perf: $1,362.72 Date: 10/31/2012
Perf: $1,354.86 Date: 9/30/2012
Perf: $1,380.40 Date: 8/31/2012
Perf: $1,345.68 Date: 7/31/2012
Perf: $1,316.07 Date: 6/30/2012
Perf: $1,298.03 Date: 5/31/2012
Perf: $1,246.66 Date: 4/30/2012
Perf: $1,326.38 Date: 3/31/2012
Perf: $1,334.79 Date: 2/29/2012
Perf: $1,292.27 Date: 1/31/2012
Perf: $1,238.76 Date: 12/31/2011
Perf: $1,185.64 Date: 11/30/2011
Perf: $1,173.67 Date: 10/31/2011
Perf: $1,176.26 Date: 9/30/2011
Perf: $1,060.36 Date: 8/31/2011
Perf: $1,140.54 Date: 7/31/2011
Perf: $1,206.03 Date: 6/30/2011
Perf: $1,231.02 Date: 5/31/2011
Perf: $1,251.93 Date: 4/30/2011
Perf: $1,266.23 Date: 3/31/2011
Perf: $1,229.83 Date: 2/28/2011
Perf: $1,229.34 Date: 1/31/2011
Perf: $1,188.57 Date: 12/31/2010
Perf: $1,161.05 Date: 11/30/2010
Perf: $1,088.35 Date: 10/31/2010
Perf: $1,088.24 Date: 9/30/2010
Perf: $1,048.30 Date: 8/31/2010
Perf: $962.45 Date: 7/31/2010
Perf: $1,007.91 Date: 6/30/2010
Perf: $941.88 Date: 5/31/2010
Perf: $993.86 Date: 4/30/2010
Perf: $1,080.17 Date: 3/31/2010
Perf: $1,063.37 Date: 2/28/2010
Perf: $1,002.89 Date: 1/31/2010
Perf: $972.74 Date: 12/31/2009
Perf: $1,009.06 Date: 11/30/2009
Perf: $989.96 Date: 10/31/2009
Perf: $933.92 Date: 9/30/2009
Perf: $951.62 Date: 8/31/2009
Perf: $917.40 Date: 7/31/2009
Perf: $885.44 Date: 6/30/2009
Perf: $823.20 Date: 5/31/2009
Perf: $821.56 Date: 4/30/2009
Perf: $778.07 Date: 3/31/2009
Perf: $710.11 Date: 2/28/2009
Perf: $652.91 Date: 1/31/2009
Perf: $730.74 Date: 12/31/2008
Perf: $798.01 Date: 11/30/2008
Perf: $789.64 Date: 10/31/2008
Perf: $850.72 Date: 9/30/2008
Perf: $1,022.38 Date: 8/31/2008
Perf: $1,122.38 Date: 7/31/2008
Perf: $1,106.34 Date: 6/30/2008
Perf: $1,115.71 Date: 5/31/2008
Perf: $1,218.43 Date: 4/30/2008
Perf: $1,202.79 Date: 3/31/2008
Perf: $1,146.93 Date: 2/29/2008
Perf: $1,151.89 Date: 1/31/2008
Perf: $1,190.58 Date: 12/31/2007
Perf: $1,266.58 Date: 11/30/2007
Perf: $1,275.38 Date: 10/31/2007
Perf: $1,331.01 Date: 9/30/2007
Perf: $1,310.18 Date: 8/31/2007
Perf: $1,262.95 Date: 7/31/2007
Perf: $1,244.28 Date: 6/30/2007
Perf: $1,284.09 Date: 5/31/2007
Perf: $1,305.77 Date: 4/30/2007
Perf: $1,261.73 Date: 3/31/2007
Perf: $1,208.21 Date: 2/28/2007
Perf: $1,194.83 Date: 1/31/2007
Perf: $1,218.71 Date: 12/31/2006
Perf: $1,200.58 Date: 11/30/2006
Perf: $1,184.01 Date: 10/31/2006
Perf: $1,161.93 Date: 9/30/2006
Perf: $1,125.25 Date: 8/31/2006
Perf: $1,096.95 Date: 7/31/2006
Perf: $1,071.45 Date: 6/30/2006
Perf: $1,064.84 Date: 5/31/2006
Perf: $1,063.35 Date: 4/30/2006
Perf: $1,094.89 Date: 3/31/2006
Perf: $1,080.41 Date: 2/28/2006
Perf: $1,067.18 Date: 1/31/2006
Perf: $1,064.30 Date: 12/31/2005
Perf: $1,036.83 Date: 11/30/2005
Perf: $1,036.52 Date: 10/31/2005
Perf: $998.76 Date: 9/30/2005
Perf: $1,015.73 Date: 8/31/2005
Perf: $1,007.56 Date: 7/31/2005
Perf: $1,016.82 Date: 6/30/2005
Perf: $980.35 Date: 5/31/2005
Perf: $978.98 Date: 4/30/2005
Perf: $948.81 Date: 3/31/2005
Perf: $967.18 Date: 2/28/2005
Perf: $984.61 Date: 1/31/2005
Perf: $964.36 Date: 12/31/2004
Perf: $988.48 Date: 11/30/2004
Perf: $955.97 Date: 10/31/2004
Perf: $918.76 Date: 9/30/2004
Perf: $904.92 Date: 8/31/2004
Perf: $895.25 Date: 7/31/2004
Perf: $891.68 Date: 6/30/2004
Perf: $922.21 Date: 5/31/2004
Perf: $904.66 Date: 4/30/2004
Perf: $892.43 Date: 3/31/2004
Perf: $906.67 Date: 2/29/2004
Perf: $920.57 Date: 1/31/2004
Perf: $907.95 Date: 12/31/2003
Perf: $891.54 Date: 11/30/2003
Perf: $847.15 Date: 10/31/2003
Perf: $839.76 Date: 9/30/2003
Perf: $794.78 Date: 8/31/2003
Perf: $803.29 Date: 7/31/2003
Perf: $787.93 Date: 6/30/2003
Perf: $774.30 Date: 5/31/2003
Perf: $764.51 Date: 4/30/2003
Perf: $726.24 Date: 3/31/2003
Perf: $670.95 Date: 2/28/2003
Perf: $664.51 Date: 1/31/2003
Perf: $674.63 Date: 12/31/2002
Perf: $692.78 Date: 11/30/2002
Perf: $735.98 Date: 10/31/2002
Perf: $695.04 Date: 9/30/2002
Perf: $638.83 Date: 8/31/2002
Perf: $716.74 Date: 7/31/2002
Perf: $712.04 Date: 6/30/2002
Perf: $772.27 Date: 5/31/2002
Perf: $831.47 Date: 4/30/2002
Perf: $837.67 Date: 3/31/2002
Perf: $891.71 Date: 2/28/2002
Perf: $859.40 Date: 1/31/2002
Perf: $876.31 Date: 12/31/2001
Perf: $889.29 Date: 11/30/2001
Perf: $881.54 Date: 10/31/2001
Perf: $818.74 Date: 9/30/2001
Perf: $803.39 Date: 8/31/2001
Perf: $874.01 Date: 7/31/2001
Perf: $932.38 Date: 6/30/2001
Perf: $941.61 Date: 5/31/2001
Perf: $965.06 Date: 4/30/2001
Perf: $958.64 Date: 3/31/2001
Perf: $889.52 Date: 2/28/2001
Perf: $949.74 Date: 1/31/2001
Perf: $1,045.04 Date: 12/31/2000
Perf: $1,009.22 Date: 11/30/2000
Perf: $1,004.30 Date: 10/31/2000
Perf: $1,090.20 Date: 9/30/2000
Perf: $1,094.80 Date: 8/31/2000
Perf: $1,155.83 Date: 7/31/2000
Perf: $1,088.25 Date: 6/30/2000
Perf: $1,105.49 Date: 5/31/2000
Perf: $1,078.85 Date: 4/30/2000
Perf: $1,101.43 Date: 3/31/2000
Perf: $1,135.61 Date: 2/29/2000
Perf: $1,034.44 Date: 1/31/2000
Perf: $1,054.37 Date: 12/31/1999
Perf: $1,110.09 Date: 11/30/1999
Perf: $1,048.35 Date: 10/31/1999
Perf: $1,027.49 Date: 9/30/1999
Perf: $966.32 Date: 8/31/1999
Perf: $993.54 Date: 7/31/1999
Perf: $998.44 Date: 6/30/1999
Perf: $1,030.59 Date: 5/31/1999
Perf: $976.40 Date: 4/30/1999
Perf: $1,000.00 Date: 10/31/2017
Perf: $1,658.12 Date: 9/30/2017
Perf: $1,700.99 Date: 8/31/2017
Perf: $1,780.20 Date: 7/31/2017
Perf: $1,733.07 Date: 6/30/2017
Perf: $1,829.29 Date: 5/31/2017
Perf: $1,921.52 Date: 4/30/2017
Perf: $1,975.65 Date: 3/31/2017
Perf: $2,012.68 Date: 2/28/2017
Perf: $2,042.71 Date: 1/31/2017
Perf: $2,058.77 Date: 12/31/2016
Perf: $2,208.03 Date: 11/30/2016
Perf: $2,185.09 Date: 10/31/2016
Perf: $2,336.00 Date: 9/30/2016
Perf: $2,361.74 Date: 8/31/2016
Perf: $2,411.41 Date: 7/31/2016
Perf: $2,617.12 Date: 6/30/2016
Perf: $2,601.25 Date: 5/31/2016
Perf: $2,366.28 Date: 4/30/2016
Perf: $2,344.24 Date: 3/31/2016
Perf: $2,273.32 Date: 2/29/2016
Perf: $2,571.92 Date: 1/31/2016
Perf: $2,381.40 Date: 12/31/2015
Perf: $2,069.53 Date: 11/30/2015
Perf: $2,298.45 Date: 10/31/2015
Perf: $2,209.84 Date: 9/30/2015
Perf: $2,445.86 Date: 8/31/2015
Perf: $2,464.10 Date: 7/31/2015
Perf: $2,091.41 Date: 6/30/2015
Perf: $2,054.03 Date: 5/31/2015
Perf: $2,185.37 Date: 4/30/2015
Perf: $2,333.55 Date: 3/31/2015
Perf: $2,334.25 Date: 2/28/2015
Perf: $2,291.17 Date: 1/31/2015
Perf: $2,301.99 Date: 12/31/2014
Perf: $2,029.98 Date: 11/30/2014
Perf: $2,095.13 Date: 10/31/2014
Perf: $2,077.06 Date: 9/30/2014
Perf: $2,038.74 Date: 8/31/2014
Perf: $2,044.46 Date: 7/31/2014
Perf: $2,009.30 Date: 6/30/2014
Perf: $2,004.49 Date: 5/31/2014
Perf: $2,034.19 Date: 4/30/2014
Perf: $2,011.46 Date: 3/31/2014
Perf: $2,151.98 Date: 2/28/2014
Perf: $2,191.20 Date: 1/31/2014
Perf: $2,215.35 Date: 12/31/2013
Perf: $1,961.18 Date: 11/30/2013
Perf: $1,855.60 Date: 10/31/2013
Perf: $1,921.31 Date: 9/30/2013
Perf: $1,937.19 Date: 8/31/2013
Perf: $1,882.78 Date: 7/31/2013
Perf: $1,863.22 Date: 6/30/2013
Perf: $1,870.32 Date: 5/31/2013
Perf: $1,884.84 Date: 4/30/2013
Perf: $1,852.05 Date: 3/31/2013
Perf: $1,816.81 Date: 2/28/2013
Perf: $1,888.57 Date: 1/31/2013
Perf: $1,819.26 Date: 12/31/2012
Perf: $2,100.28 Date: 11/30/2012
Perf: $2,237.19 Date: 10/31/2012
Perf: $2,293.62 Date: 9/30/2012
Perf: $2,303.06 Date: 8/31/2012
Perf: $2,435.04 Date: 7/31/2012
Perf: $2,690.95 Date: 6/30/2012
Perf: $2,651.96 Date: 5/31/2012
Perf: $3,062.67 Date: 4/30/2012
Perf: $2,663.65 Date: 3/31/2012
Perf: $2,670.06 Date: 2/29/2012
Perf: $2,839.89 Date: 1/31/2012
Perf: $3,022.44 Date: 12/31/2011
Perf: $3,155.28 Date: 11/30/2011
Perf: $3,163.50 Date: 10/31/2011
Perf: $3,100.26 Date: 9/30/2011
Perf: $3,609.99 Date: 8/31/2011
Perf: $3,246.68 Date: 7/31/2011
Perf: $3,166.26 Date: 6/30/2011
Perf: $2,933.62 Date: 5/31/2011
Perf: $3,043.81 Date: 4/30/2011
Perf: $3,024.75 Date: 3/31/2011
Perf: $2,986.23 Date: 2/28/2011
Perf: $3,040.66 Date: 1/31/2011
Perf: $3,057.17 Date: 12/31/2010
Perf: $3,359.53 Date: 11/30/2010
Perf: $3,441.79 Date: 10/31/2010
Perf: $3,634.02 Date: 9/30/2010
Perf: $3,731.80 Date: 8/31/2010
Perf: $3,861.15 Date: 7/31/2010
Perf: $3,502.49 Date: 6/30/2010
Perf: $3,852.70 Date: 5/31/2010
Perf: $3,807.77 Date: 4/30/2010
Perf: $3,402.23 Date: 3/31/2010
Perf: $3,368.54 Date: 2/28/2010
Perf: $3,288.95 Date: 1/31/2010
Perf: $3,229.52 Date: 12/31/2009
Perf: $3,202.30 Date: 11/30/2009
Perf: $3,490.63 Date: 10/31/2009
Perf: $3,547.39 Date: 9/30/2009
Perf: $3,560.21 Date: 8/31/2009
Perf: $3,696.61 Date: 7/31/2009
Perf: $4,139.54 Date: 6/30/2009
Perf: $3,924.11 Date: 5/31/2009
Perf: $3,842.27 Date: 4/30/2009
Perf: $3,657.56 Date: 3/31/2009
Perf: $3,787.86 Date: 2/28/2009
Perf: $3,900.99 Date: 1/31/2009
Perf: $3,960.00 Date: 12/31/2008
Perf: $3,728.81 Date: 11/30/2008
Perf: $3,699.95 Date: 10/31/2008
Perf: $3,624.56 Date: 9/30/2008
Perf: $3,491.87 Date: 8/31/2008
Perf: $3,218.31 Date: 7/31/2008
Perf: $3,033.85 Date: 6/30/2008
Perf: $3,241.30 Date: 5/31/2008
Perf: $2,999.53 Date: 4/30/2008
Perf: $3,178.82 Date: 3/31/2008
Perf: $3,134.31 Date: 2/29/2008
Perf: $3,008.84 Date: 1/31/2008
Perf: $2,895.35 Date: 12/31/2007
Perf: $2,561.12 Date: 11/30/2007
Perf: $2,528.25 Date: 10/31/2007
Perf: $2,369.50 Date: 9/30/2007
Perf: $2,268.55 Date: 8/31/2007
Perf: $2,175.44 Date: 7/31/2007
Perf: $2,163.97 Date: 6/30/2007
Perf: $1,939.91 Date: 5/31/2007
Perf: $1,954.37 Date: 4/30/2007
Perf: $2,134.52 Date: 3/31/2007
Perf: $2,085.72 Date: 2/28/2007
Perf: $2,059.16 Date: 1/31/2007
Perf: $2,108.06 Date: 12/31/2006
Perf: $2,118.66 Date: 11/30/2006
Perf: $2,105.18 Date: 10/31/2006
Perf: $2,038.33 Date: 9/30/2006
Perf: $1,961.63 Date: 8/31/2006
Perf: $2,085.73 Date: 7/31/2006
Perf: $2,196.66 Date: 6/30/2006
Perf: $2,233.97 Date: 5/31/2006
Perf: $2,280.25 Date: 4/30/2006
Perf: $2,164.46 Date: 3/31/2006
Perf: $1,938.78 Date: 2/28/2006
Perf: $1,998.95 Date: 1/31/2006
Perf: $2,017.92 Date: 12/31/2005
Perf: $1,961.24 Date: 11/30/2005
Perf: $1,907.63 Date: 10/31/2005
Perf: $1,804.59 Date: 9/30/2005
Perf: $1,824.11 Date: 8/31/2005
Perf: $1,833.83 Date: 7/31/2005
Perf: $1,786.31 Date: 6/30/2005
Perf: $1,822.03 Date: 5/31/2005
Perf: $1,782.45 Date: 4/30/2005
Perf: $1,742.89 Date: 3/31/2005
Perf: $1,721.37 Date: 2/28/2005
Perf: $1,721.55 Date: 1/31/2005
Perf: $1,739.81 Date: 12/31/2004
Perf: $1,928.84 Date: 11/30/2004
Perf: $1,858.23 Date: 10/31/2004
Perf: $1,809.55 Date: 9/30/2004
Perf: $1,740.79 Date: 8/31/2004
Perf: $1,799.82 Date: 7/31/2004
Perf: $1,802.89 Date: 6/30/2004
Perf: $1,832.02 Date: 5/31/2004
Perf: $1,986.14 Date: 4/30/2004
Perf: $1,962.59 Date: 3/31/2004
Perf: $1,959.07 Date: 2/29/2004
Perf: $1,991.73 Date: 1/31/2004
Perf: $1,976.71 Date: 12/31/2003
Perf: $1,941.95 Date: 11/30/2003
Perf: $1,937.49 Date: 10/31/2003
Perf: $1,945.66 Date: 9/30/2003
Perf: $2,053.90 Date: 8/31/2003
Perf: $1,968.66 Date: 7/31/2003
Perf: $1,919.52 Date: 6/30/2003
Perf: $1,895.07 Date: 5/31/2003
Perf: $1,933.75 Date: 4/30/2003
Perf: $1,780.12 Date: 3/31/2003
Perf: $1,982.76 Date: 2/28/2003
Perf: $1,854.96 Date: 1/31/2003
Perf: $1,828.98 Date: 12/31/2002
Perf: $1,936.25 Date: 11/30/2002
Perf: $1,818.08 Date: 10/31/2002
Perf: $1,781.03 Date: 9/30/2002
Perf: $1,790.34 Date: 8/31/2002
Perf: $1,762.49 Date: 7/31/2002
Perf: $1,807.69 Date: 6/30/2002
Perf: $1,782.20 Date: 5/31/2002
Perf: $1,678.79 Date: 4/30/2002
Perf: $1,742.75 Date: 3/31/2002
Perf: $1,693.14 Date: 2/28/2002
Perf: $1,403.58 Date: 1/31/2002
Perf: $1,518.70 Date: 12/31/2001
Perf: $1,430.84 Date: 11/30/2001
Perf: $1,377.53 Date: 10/31/2001
Perf: $1,507.81 Date: 9/30/2001
Perf: $1,435.32 Date: 8/31/2001
Perf: $1,451.58 Date: 7/31/2001
Perf: $1,384.57 Date: 6/30/2001
Perf: $1,336.58 Date: 5/31/2001
Perf: $1,368.33 Date: 4/30/2001
Perf: $1,318.62 Date: 3/31/2001
Perf: $1,398.91 Date: 2/28/2001
Perf: $1,249.14 Date: 1/31/2001
Perf: $1,323.81 Date: 12/31/2000
Perf: $1,399.96 Date: 11/30/2000
Perf: $1,187.11 Date: 10/31/2000
Perf: $1,101.12 Date: 9/30/2000
Perf: $1,051.79 Date: 8/31/2000
Perf: $1,084.65 Date: 7/31/2000
Perf: $1,052.86 Date: 6/30/2000
Perf: $1,080.96 Date: 5/31/2000
Perf: $1,127.53 Date: 4/30/2000
Perf: $1,043.24 Date: 3/31/2000
Perf: $1,074.39 Date: 2/29/2000
Perf: $1,002.61 Date: 1/31/2000
Perf: $1,018.08 Date: 12/31/1999
Perf: $976.58 Date: 11/30/1999
Perf: $966.14 Date: 10/31/1999
Perf: $926.49 Date: 9/30/1999
Perf: $977.93 Date: 8/31/1999
Perf: $967.10 Date: 7/31/1999
Perf: $984.12 Date: 6/30/1999
Perf: $1,001.55 Date: 5/31/1999
Perf: $973.70 Date: 4/30/1999
Perf: $1,000.00
Note: All performance data is since program inception.

Monthly Returns
Date Range: 04/99 - 10/17
Date: 10/31/2017
Return: -2.52 % Date: 9/30/2017
Return: -4.45 % Date: 8/31/2017
Return: 2.72 % Date: 7/31/2017
Return: -5.26 % Date: 6/30/2017
Return: -4.80 % Date: 5/31/2017
Return: -2.74 % Date: 4/30/2017
Return: -1.84 % Date: 3/31/2017
Return: -1.47 % Date: 2/28/2017
Return: -0.78 % Date: 1/31/2017
Return: -6.76 % Date: 12/31/2016
Return: 1.05 % Date: 11/30/2016
Return: -6.46 % Date: 10/31/2016
Return: -1.09 % Date: 9/30/2016
Return: -2.06 % Date: 8/31/2016
Return: -7.86 % Date: 7/31/2016
Return: 0.61 % Date: 6/30/2016
Return: 9.93 % Date: 5/31/2016
Return: 0.94 % Date: 4/30/2016
Return: 3.12 % Date: 3/31/2016
Return: -11.61 % Date: 2/29/2016
Return: 8.00 % Date: 1/31/2016
Return: 15.07 % Date: 12/31/2015
Return: -9.96 % Date: 11/30/2015
Return: 4.01 % Date: 10/31/2015
Return: -9.65 % Date: 9/30/2015
Return: -0.74 % Date: 8/31/2015
Return: 17.82 % Date: 7/31/2015
Return: 1.82 % Date: 6/30/2015
Return: -6.01 % Date: 5/31/2015
Return: -6.35 % Date: 4/30/2015
Return: -0.03 % Date: 3/31/2015
Return: 1.88 % Date: 2/28/2015
Return: -0.47 % Date: 1/31/2015
Return: 13.40 % Date: 12/31/2014
Return: -3.11 % Date: 11/30/2014
Return: 0.87 % Date: 10/31/2014
Return: 1.88 % Date: 9/30/2014
Return: -0.28 % Date: 8/31/2014
Return: 1.75 % Date: 7/31/2014
Return: 0.24 % Date: 6/30/2014
Return: -1.46 % Date: 5/31/2014
Return: 1.13 % Date: 4/30/2014
Return: -6.53 % Date: 3/31/2014
Return: -1.79 % Date: 2/28/2014
Return: -1.09 % Date: 1/31/2014
Return: 12.96 % Date: 12/31/2013
Return: 5.69 % Date: 11/30/2013
Return: -3.42 % Date: 10/31/2013
Return: -0.82 % Date: 9/30/2013
Return: 2.89 % Date: 8/31/2013
Return: 1.05 % Date: 7/31/2013
Return: -0.38 % Date: 6/30/2013
Return: -0.77 % Date: 5/31/2013
Return: 1.77 % Date: 4/30/2013
Return: 1.94 % Date: 3/31/2013
Return: -3.80 % Date: 2/28/2013
Return: 3.81 % Date: 1/31/2013
Return: -13.38 % Date: 12/31/2012
Return: -6.12 % Date: 11/30/2012
Return: -2.46 % Date: 10/31/2012
Return: -0.41 % Date: 9/30/2012
Return: -5.42 % Date: 8/31/2012
Return: -9.51 % Date: 7/31/2012
Return: 1.47 % Date: 6/30/2012
Return: -13.41 % Date: 5/31/2012
Return: 14.98 % Date: 4/30/2012
Return: -0.24 % Date: 3/31/2012
Return: -5.98 % Date: 2/29/2012
Return: -6.04 % Date: 1/31/2012
Return: -4.21 % Date: 12/31/2011
Return: -0.26 % Date: 11/30/2011
Return: 2.04 % Date: 10/31/2011
Return: -14.12 % Date: 9/30/2011
Return: 11.19 % Date: 8/31/2011
Return: 2.54 % Date: 7/31/2011
Return: 7.93 % Date: 6/30/2011
Return: -3.62 % Date: 5/31/2011
Return: 0.63 % Date: 4/30/2011
Return: 1.29 % Date: 3/31/2011
Return: -1.79 % Date: 2/28/2011
Return: -0.54 % Date: 1/31/2011
Return: -9.00 % Date: 12/31/2010
Return: -2.39 % Date: 11/30/2010
Return: -5.29 % Date: 10/31/2010
Return: -2.62 % Date: 9/30/2010
Return: -3.35 % Date: 8/31/2010
Return: 10.24 % Date: 7/31/2010
Return: -9.09 % Date: 6/30/2010
Return: 1.18 % Date: 5/31/2010
Return: 11.92 % Date: 4/30/2010
Return: 1.00 % Date: 3/31/2010
Return: 2.42 % Date: 2/28/2010
Return: 1.84 % Date: 1/31/2010
Return: 0.85 % Date: 12/31/2009
Return: -8.26 % Date: 11/30/2009
Return: -1.60 % Date: 10/31/2009
Return: -0.36 % Date: 9/30/2009
Return: -3.69 % Date: 8/31/2009
Return: -10.70 % Date: 7/31/2009
Return: 5.49 % Date: 6/30/2009
Return: 2.13 % Date: 5/31/2009
Return: 5.05 % Date: 4/30/2009
Return: -3.44 % Date: 3/31/2009
Return: -2.90 % Date: 2/28/2009
Return: -1.49 % Date: 1/31/2009
Return: 6.20 % Date: 12/31/2008
Return: 0.78 % Date: 11/30/2008
Return: 2.08 % Date: 10/31/2008
Return: 3.80 % Date: 9/30/2008
Return: 8.50 % Date: 8/31/2008
Return: 6.08 % Date: 7/31/2008
Return: -6.40 % Date: 6/30/2008
Return: 8.06 % Date: 5/31/2008
Return: -5.64 % Date: 4/30/2008
Return: 1.42 % Date: 3/31/2008
Return: 4.17 % Date: 2/29/2008
Return: 3.92 % Date: 1/31/2008
Return: 13.05 % Date: 12/31/2007
Return: 1.30 % Date: 11/30/2007
Return: 6.70 % Date: 10/31/2007
Return: 4.45 % Date: 9/30/2007
Return: 4.28 % Date: 8/31/2007
Return: 0.53 % Date: 7/31/2007
Return: 11.55 % Date: 6/30/2007
Return: -0.74 % Date: 5/31/2007
Return: -8.44 % Date: 4/30/2007
Return: 2.34 % Date: 3/31/2007
Return: 1.29 % Date: 2/28/2007
Return: -2.32 % Date: 1/31/2007
Return: -0.50 % Date: 12/31/2006
Return: 0.64 % Date: 11/30/2006
Return: 3.28 % Date: 10/31/2006
Return: 3.91 % Date: 9/30/2006
Return: -5.95 % Date: 8/31/2006
Return: -5.05 % Date: 7/31/2006
Return: -1.67 % Date: 6/30/2006
Return: -2.03 % Date: 5/31/2006
Return: 5.35 % Date: 4/30/2006
Return: 11.64 % Date: 3/31/2006
Return: -3.01 % Date: 2/28/2006
Return: -0.94 % Date: 1/31/2006
Return: 2.89 % Date: 12/31/2005
Return: 2.81 % Date: 11/30/2005
Return: 5.71 % Date: 10/31/2005
Return: -1.07 % Date: 9/30/2005
Return: -0.53 % Date: 8/31/2005
Return: 2.66 % Date: 7/31/2005
Return: -1.96 % Date: 6/30/2005
Return: 2.22 % Date: 5/31/2005
Return: 2.27 % Date: 4/30/2005
Return: 1.25 % Date: 3/31/2005
Return: -0.01 % Date: 2/28/2005
Return: -1.05 % Date: 1/31/2005
Return: -9.80 % Date: 12/31/2004
Return: 3.80 % Date: 11/30/2004
Return: 2.69 % Date: 10/31/2004
Return: 3.95 % Date: 9/30/2004
Return: -3.28 % Date: 8/31/2004
Return: -0.17 % Date: 7/31/2004
Return: -1.59 % Date: 6/30/2004
Return: -7.76 % Date: 5/31/2004
Return: 1.20 % Date: 4/30/2004
Return: 0.18 % Date: 3/31/2004
Return: -1.64 % Date: 2/29/2004
Return: 0.76 % Date: 1/31/2004
Return: 1.79 % Date: 12/31/2003
Return: 0.23 % Date: 11/30/2003
Return: -0.42 % Date: 10/31/2003
Return: -5.27 % Date: 9/30/2003
Return: 4.33 % Date: 8/31/2003
Return: 2.56 % Date: 7/31/2003
Return: 1.29 % Date: 6/30/2003
Return: -2.00 % Date: 5/31/2003
Return: 8.63 % Date: 4/30/2003
Return: -10.22 % Date: 3/31/2003
Return: 6.89 % Date: 2/28/2003
Return: 1.42 % Date: 1/31/2003
Return: -5.54 % Date: 12/31/2002
Return: 6.50 % Date: 11/30/2002
Return: 2.08 % Date: 10/31/2002
Return: -0.52 % Date: 9/30/2002
Return: 1.58 % Date: 8/31/2002
Return: -2.50 % Date: 7/31/2002
Return: 1.43 % Date: 6/30/2002
Return: 6.16 % Date: 5/31/2002
Return: -3.67 % Date: 4/30/2002
Return: 2.93 % Date: 3/31/2002
Return: 20.63 % Date: 2/28/2002
Return: -7.58 % Date: 1/31/2002
Return: 6.14 % Date: 12/31/2001
Return: 3.87 % Date: 11/30/2001
Return: -8.64 % Date: 10/31/2001
Return: 5.05 % Date: 9/30/2001
Return: -1.12 % Date: 8/31/2001
Return: 4.84 % Date: 7/31/2001
Return: 3.59 % Date: 6/30/2001
Return: -2.32 % Date: 5/31/2001
Return: 3.77 % Date: 4/30/2001
Return: -5.74 % Date: 3/31/2001
Return: 11.99 % Date: 2/28/2001
Return: -5.64 % Date: 1/31/2001
Return: -5.44 % Date: 12/31/2000
Return: 17.93 % Date: 11/30/2000
Return: 7.81 % Date: 10/31/2000
Return: 4.69 % Date: 9/30/2000
Return: -3.03 % Date: 8/31/2000
Return: 3.02 % Date: 7/31/2000
Return: -2.60 % Date: 6/30/2000
Return: -4.13 % Date: 5/31/2000
Return: 8.08 % Date: 4/30/2000
Return: -2.90 % Date: 3/31/2000
Return: 7.16 % Date: 2/29/2000
Return: -1.52 % Date: 1/31/2000
Return: 4.25 % Date: 12/31/1999
Return: 1.08 % Date: 11/30/1999
Return: 4.28 % Date: 10/31/1999
Return: -5.26 % Date: 9/30/1999
Return: 1.12 % Date: 8/31/1999
Return: -1.73 % Date: 7/31/1999
Return: -1.74 % Date: 6/30/1999
Return: 2.86 % Date: 5/31/1999
Return: -2.63 % Date: 4/30/1999
Return: 0.00 %
Note: All performance data is since program inception.

Distribution of Monthly Returns
Date Range: 04/99 - 10/17
Return: -12.00 %
Count: 1 Return: -7.00 %
Count: 2 Return: -13.00 %
Count: 2 Return: 15.00 %
Count: 2 Return: -14.00 %
Count: 1 Return: 11.00 %
Count: 1 Return: 10.00 %
Count: 2 Return: -11.00 %
Count: 1 Return: 13.00 %
Count: 3 Return: 9.00 %
Count: 2 Return: -10.00 %
Count: 5 Return: 2.00 %
Count: 17 Return: 21.00 %
Count: 1 Return: -8.00 %
Count: 5 Return: 6.00 %
Count: 7 Return: -9.00 %
Count: 3 Return: -1.00 %
Count: 18 Return: 12.00 %
Count: 4 Return: -6.00 %
Count: 12 Return: 18.00 %
Count: 2 Return: 5.00 %
Count: 6 Return: -4.00 %
Count: 7 Return: 8.00 %
Count: 5 Return: 7.00 %
Count: 3 Return: 4.00 %
Count: 16 Return: -5.00 %
Count: 8 Return: 1.00 %
Count: 26 Return: -2.00 %
Count: 18 Return: 3.00 %
Count: 13 Return: -3.00 %
Count: 15 Return: 0.00 %
Count: 15
Note: All performance data is since program inception.

Underwater Curve
Date Range: 04/99 - 10/17
Date: 10/31/2017
Drawdown: -59.94 % Date: 9/30/2017
Drawdown: -58.91 % Date: 8/31/2017
Drawdown: -57.00 % Date: 7/31/2017
Drawdown: -58.13 % Date: 6/30/2017
Drawdown: -55.81 % Date: 5/31/2017
Drawdown: -53.58 % Date: 4/30/2017
Drawdown: -52.27 % Date: 3/31/2017
Drawdown: -51.38 % Date: 2/28/2017
Drawdown: -50.65 % Date: 1/31/2017
Drawdown: -50.27 % Date: 12/31/2016
Drawdown: -46.66 % Date: 11/30/2016
Drawdown: -47.21 % Date: 10/31/2016
Drawdown: -43.57 % Date: 9/30/2016
Drawdown: -42.95 % Date: 8/31/2016
Drawdown: -41.75 % Date: 7/31/2016
Drawdown: -36.78 % Date: 6/30/2016
Drawdown: -37.16 % Date: 5/31/2016
Drawdown: -42.84 % Date: 4/30/2016
Drawdown: -43.37 % Date: 3/31/2016
Drawdown: -45.08 % Date: 2/29/2016
Drawdown: -37.87 % Date: 1/31/2016
Drawdown: -42.47 % Date: 12/31/2015
Drawdown: -50.01 % Date: 11/30/2015
Drawdown: -44.48 % Date: 10/31/2015
Drawdown: -46.62 % Date: 9/30/2015
Drawdown: -40.91 % Date: 8/31/2015
Drawdown: -40.47 % Date: 7/31/2015
Drawdown: -49.48 % Date: 6/30/2015
Drawdown: -50.38 % Date: 5/31/2015
Drawdown: -47.21 % Date: 4/30/2015
Drawdown: -43.63 % Date: 3/31/2015
Drawdown: -43.61 % Date: 2/28/2015
Drawdown: -44.65 % Date: 1/31/2015
Drawdown: -44.39 % Date: 12/31/2014
Drawdown: -50.96 % Date: 11/30/2014
Drawdown: -49.39 % Date: 10/31/2014
Drawdown: -49.82 % Date: 9/30/2014
Drawdown: -50.75 % Date: 8/31/2014
Drawdown: -50.61 % Date: 7/31/2014
Drawdown: -51.46 % Date: 6/30/2014
Drawdown: -51.58 % Date: 5/31/2014
Drawdown: -50.86 % Date: 4/30/2014
Drawdown: -51.41 % Date: 3/31/2014
Drawdown: -48.01 % Date: 2/28/2014
Drawdown: -47.07 % Date: 1/31/2014
Drawdown: -46.48 % Date: 12/31/2013
Drawdown: -52.62 % Date: 11/30/2013
Drawdown: -55.17 % Date: 10/31/2013
Drawdown: -53.59 % Date: 9/30/2013
Drawdown: -53.20 % Date: 8/31/2013
Drawdown: -54.52 % Date: 7/31/2013
Drawdown: -54.99 % Date: 6/30/2013
Drawdown: -54.82 % Date: 5/31/2013
Drawdown: -54.47 % Date: 4/30/2013
Drawdown: -55.26 % Date: 3/31/2013
Drawdown: -56.11 % Date: 2/28/2013
Drawdown: -54.38 % Date: 1/31/2013
Drawdown: -56.05 % Date: 12/31/2012
Drawdown: -49.26 % Date: 11/30/2012
Drawdown: -45.96 % Date: 10/31/2012
Drawdown: -44.59 % Date: 9/30/2012
Drawdown: -44.36 % Date: 8/31/2012
Drawdown: -41.18 % Date: 7/31/2012
Drawdown: -34.99 % Date: 6/30/2012
Drawdown: -35.94 % Date: 5/31/2012
Drawdown: -26.01 % Date: 4/30/2012
Drawdown: -35.65 % Date: 3/31/2012
Drawdown: -35.50 % Date: 2/29/2012
Drawdown: -31.40 % Date: 1/31/2012
Drawdown: -26.99 % Date: 12/31/2011
Drawdown: -23.78 % Date: 11/30/2011
Drawdown: -23.58 % Date: 10/31/2011
Drawdown: -25.11 % Date: 9/30/2011
Drawdown: -12.79 % Date: 8/31/2011
Drawdown: -21.57 % Date: 7/31/2011
Drawdown: -23.51 % Date: 6/30/2011
Drawdown: -29.13 % Date: 5/31/2011
Drawdown: -26.47 % Date: 4/30/2011
Drawdown: -26.93 % Date: 3/31/2011
Drawdown: -27.86 % Date: 2/28/2011
Drawdown: -26.55 % Date: 1/31/2011
Drawdown: -26.15 % Date: 12/31/2010
Drawdown: -18.84 % Date: 11/30/2010
Drawdown: -16.86 % Date: 10/31/2010
Drawdown: -12.21 % Date: 9/30/2010
Drawdown: -9.85 % Date: 8/31/2010
Drawdown: -6.73 % Date: 7/31/2010
Drawdown: -15.39 % Date: 6/30/2010
Drawdown: -6.93 % Date: 5/31/2010
Drawdown: -8.01 % Date: 4/30/2010
Drawdown: -17.81 % Date: 3/31/2010
Drawdown: -18.63 % Date: 2/28/2010
Drawdown: -20.55 % Date: 1/31/2010
Drawdown: -21.98 % Date: 12/31/2009
Drawdown: -22.64 % Date: 11/30/2009
Drawdown: -15.68 % Date: 10/31/2009
Drawdown: -14.30 % Date: 9/30/2009
Drawdown: -14.00 % Date: 8/31/2009
Drawdown: -10.70 % Date: 7/31/2009
Drawdown: 0.00 % Date: 6/30/2009
Drawdown: -0.91 % Date: 5/31/2009
Drawdown: -2.97 % Date: 4/30/2009
Drawdown: -7.64 % Date: 3/31/2009
Drawdown: -4.35 % Date: 2/28/2009
Drawdown: -1.49 % Date: 1/31/2009
Drawdown: 0.00 % Date: 12/31/2008
Drawdown: 0.00 % Date: 11/30/2008
Drawdown: 0.00 % Date: 10/31/2008
Drawdown: 0.00 % Date: 9/30/2008
Drawdown: 0.00 % Date: 8/31/2008
Drawdown: -0.71 % Date: 7/31/2008
Drawdown: -6.40 % Date: 6/30/2008
Drawdown: 0.00 % Date: 5/31/2008
Drawdown: -5.64 % Date: 4/30/2008
Drawdown: 0.00 % Date: 3/31/2008
Drawdown: 0.00 % Date: 2/29/2008
Drawdown: 0.00 % Date: 1/31/2008
Drawdown: 0.00 % Date: 12/31/2007
Drawdown: 0.00 % Date: 11/30/2007
Drawdown: 0.00 % Date: 10/31/2007
Drawdown: 0.00 % Date: 9/30/2007
Drawdown: -0.51 % Date: 8/31/2007
Drawdown: -4.60 % Date: 7/31/2007
Drawdown: -5.10 % Date: 6/30/2007
Drawdown: -14.93 % Date: 5/31/2007
Drawdown: -14.29 % Date: 4/30/2007
Drawdown: -6.39 % Date: 3/31/2007
Drawdown: -8.53 % Date: 2/28/2007
Drawdown: -9.70 % Date: 1/31/2007
Drawdown: -7.55 % Date: 12/31/2006
Drawdown: -7.09 % Date: 11/30/2006
Drawdown: -7.68 % Date: 10/31/2006
Drawdown: -10.61 % Date: 9/30/2006
Drawdown: -13.97 % Date: 8/31/2006
Drawdown: -8.53 % Date: 7/31/2006
Drawdown: -3.67 % Date: 6/30/2006
Drawdown: -2.03 % Date: 5/31/2006
Drawdown: 0.00 % Date: 4/30/2006
Drawdown: 0.00 % Date: 3/31/2006
Drawdown: -5.60 % Date: 2/28/2006
Drawdown: -2.68 % Date: 1/31/2006
Drawdown: -1.75 % Date: 12/31/2005
Drawdown: -4.51 % Date: 11/30/2005
Drawdown: -7.12 % Date: 10/31/2005
Drawdown: -12.14 % Date: 9/30/2005
Drawdown: -11.19 % Date: 8/31/2005
Drawdown: -10.71 % Date: 7/31/2005
Drawdown: -13.03 % Date: 6/30/2005
Drawdown: -11.29 % Date: 5/31/2005
Drawdown: -13.22 % Date: 4/30/2005
Drawdown: -15.14 % Date: 3/31/2005
Drawdown: -16.19 % Date: 2/28/2005
Drawdown: -16.18 % Date: 1/31/2005
Drawdown: -15.29 % Date: 12/31/2004
Drawdown: -6.09 % Date: 11/30/2004
Drawdown: -9.53 % Date: 10/31/2004
Drawdown: -11.90 % Date: 9/30/2004
Drawdown: -15.24 % Date: 8/31/2004
Drawdown: -12.37 % Date: 7/31/2004
Drawdown: -12.22 % Date: 6/30/2004
Drawdown: -10.80 % Date: 5/31/2004
Drawdown: -3.30 % Date: 4/30/2004
Drawdown: -4.45 % Date: 3/31/2004
Drawdown: -4.62 % Date: 2/29/2004
Drawdown: -3.03 % Date: 1/31/2004
Drawdown: -3.76 % Date: 12/31/2003
Drawdown: -5.45 % Date: 11/30/2003
Drawdown: -5.67 % Date: 10/31/2003
Drawdown: -5.27 % Date: 9/30/2003
Drawdown: 0.00 % Date: 8/31/2003
Drawdown: -0.71 % Date: 7/31/2003
Drawdown: -3.19 % Date: 6/30/2003
Drawdown: -4.42 % Date: 5/31/2003
Drawdown: -2.47 % Date: 4/30/2003
Drawdown: -10.22 % Date: 3/31/2003
Drawdown: 0.00 % Date: 2/28/2003
Drawdown: -4.20 % Date: 1/31/2003
Drawdown: -5.54 % Date: 12/31/2002
Drawdown: 0.00 % Date: 11/30/2002
Drawdown: 0.00 % Date: 10/31/2002
Drawdown: -1.47 % Date: 9/30/2002
Drawdown: -0.96 % Date: 8/31/2002
Drawdown: -2.50 % Date: 7/31/2002
Drawdown: 0.00 % Date: 6/30/2002
Drawdown: 0.00 % Date: 5/31/2002
Drawdown: -3.67 % Date: 4/30/2002
Drawdown: 0.00 % Date: 3/31/2002
Drawdown: 0.00 % Date: 2/28/2002
Drawdown: -7.58 % Date: 1/31/2002
Drawdown: 0.00 % Date: 12/31/2001
Drawdown: -5.10 % Date: 11/30/2001
Drawdown: -8.64 % Date: 10/31/2001
Drawdown: 0.00 % Date: 9/30/2001
Drawdown: -1.12 % Date: 8/31/2001
Drawdown: 0.00 % Date: 7/31/2001
Drawdown: -1.10 % Date: 6/30/2001
Drawdown: -4.53 % Date: 5/31/2001
Drawdown: -2.26 % Date: 4/30/2001
Drawdown: -5.81 % Date: 3/31/2001
Drawdown: -0.07 % Date: 2/28/2001
Drawdown: -10.77 % Date: 1/31/2001
Drawdown: -5.44 % Date: 12/31/2000
Drawdown: 0.00 % Date: 11/30/2000
Drawdown: 0.00 % Date: 10/31/2000
Drawdown: -2.34 % Date: 9/30/2000
Drawdown: -6.72 % Date: 8/31/2000
Drawdown: -3.80 % Date: 7/31/2000
Drawdown: -6.62 % Date: 6/30/2000
Drawdown: -4.13 % Date: 5/31/2000
Drawdown: 0.00 % Date: 4/30/2000
Drawdown: -2.90 % Date: 3/31/2000
Drawdown: 0.00 % Date: 2/29/2000
Drawdown: -1.52 % Date: 1/31/2000
Drawdown: 0.00 % Date: 12/31/1999
Drawdown: -2.49 % Date: 11/30/1999
Drawdown: -3.54 % Date: 10/31/1999
Drawdown: -7.49 % Date: 9/30/1999
Drawdown: -2.36 % Date: 8/31/1999
Drawdown: -3.44 % Date: 7/31/1999
Drawdown: -1.74 % Date: 6/30/1999
Drawdown: 0.00 % Date: 5/31/1999
Drawdown: -2.63 %
Note: All performance data is since program inception.
Notes to Performance

Manager Information
Manager Name:  Conquest Capital Group LLC
Address: 540 Madison Avenue 20th Floor
City: New York
State: NY
Zip: 10022
Country: USA
Key People
Name:  Marc H. Malek
Position:  Principal
Biography: 

Marc H. Malek is a principal of Conquest Capital Group LLC the parent of the Investment Manager and Managing Member. Mr. Malek started his career in 1992 at Salomon Brothers in New York as a financial analyst in the Financial Strategy Group. From Salomon, he was hired in 1993 by KB Currency Advisors, a $400 million hedge fund and financial advisory firm. For the next two years, Mr. Malek traded currency options, worked on developing proprietary trend following trading systems, and dealt with currency overlay customers. Mr. Malek joined UBS in 1995, where he held various senior level positions within the foreign exchange department in New York, London and Tokyo. He was the worldwide head of the Exotic FX Derivatives Group, and, by the time he left the bank in 1999, he held the post of Executive Director in charge of FX Proprietary Trading in Europe. Mr. Malek was a principal of Avalon Asset Management and Enterprise Asset Management from 1999 until co-founding the Investment Manager and its affiliates in 2001. Mr. Malek graduated with Honors from the California Institute of Technology (“Caltech”) with a B.S. in Engineering and Applied Science and holds a B.A. in Mathematics from Reed College. While at Caltech, he did extensive research on Neural Networks and Decision Support Systems with the pioneers in those fields and was awarded a grant from the Pentagon through the Caltech Summer Undergraduate Research Fellowship to conduct research on computer-based decision systems, which was published.


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.