Altegris Clearing Solutions Zoi Capital, LLC Telio Program Proprietary Accounts *PROP*
Monthly Performance (%)
Date Range: 06/07 - 10/17
  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec YTD
2017 2.05 0.06 5.06 -3.93 2.68 -2.23 -6.54 0.29 0.92 -1.60 -3.70
2016 2.48 -3.10 7.91 0.73 -3.81 -6.90 -1.56 -3.10 -1.60 -1.98 5.71 9.25 2.71
2015 2.56 -2.60 -14.48 2.48 -4.57 -2.69 -5.55 -0.27 3.33 8.22 -1.18 2.46 -13.29
2014 -4.03 4.75 4.49 1.96 -2.26 0.50 0.46 1.56 2.20 -1.08 4.77 -6.41 6.40
2013 2.06 -5.12 1.30 -0.73 1.75 -2.04 7.63 4.68 -6.88 -4.32 -2.32 3.96 -1.06
2012 4.55 3.36 7.76 2.31 -1.36 1.07 2.09 3.50 -2.13 2.22 0.91 0.63 27.50
2011 5.17 3.75 4.68 3.59 -13.88 -2.27 3.36 0.48 8.86 -0.02 1.79 -3.68 10.36
2010 -4.21 3.12 1.72 2.41 -1.29 3.93 7.63 5.80 2.29 17.35 -7.61 0.67 34.21
2009 -2.67 -3.43 4.10 2.68 4.32 -2.46 -3.55 5.73 13.20 6.36 1.92 -1.36 26.19
2008 -1.94 9.70 10.51 -2.46 -0.25 5.71 -3.98 1.03 -6.13 8.27 2.09 -0.46 22.50
2007 -3.16 2.83 2.47 16.40 -7.93 -1.16 8.09
Note: Estimates appear in italics. All performance data is since program inception.
Strategy Description

The Telio system employed by Zoi Capital, LLC was designed to provide non-correlated returns by trading futures contracts in the direction of market trends using a short term statistical mean reversion strategy. The indicators that are employed by the system include trend, momentum, and standard deviation calculations on the daily price movements of the futures contracts. All trading is on regulated electronic futures exchanges including stock index futures, currency futures, and interest rate, metal, energy, and agriculture futures.

Performance Statistics
Date Range: 06/07 - 10/17
  Program SP500 TR Altegris 40
Total Return 184.87% 110.48% 24.04%
Annualized Return 10.66% 7.41% 2.09%
Annualized Std. Deviation 17.23% 14.88% 9.07%
Correlation 0.14 0.20
Sharpe Ratio (rf=2.5%) 0.47 0.33 -0.05
Worst Month -14.48% -16.79% -5.20%
Date of Worst Month 03/2015 10/2008 06/2015
Worst Drawdown -28.33% -50.95% -15.74%
Date of Worst Drawdown 11/14 - 8/15 10/07 - 2/09 4/11 - 9/13
Note: Estimates appear in italics. All performance data is since program inception.
Annual Performance (%)
Date Range: 06/07 - 10/17
Year or YTD Program SP500 TR Altegris 40
2017 -3.70 16.92 0.02
2016 2.71 11.98 -3.13
2015 -13.29 1.41 0.09
2014 6.40 13.69 15.75
2013 -1.06 32.41 -2.45
2012 27.50 15.98 -4.75
2011 10.36 2.12 -3.23
2010 34.21 15.06 11.33
2009 26.19 26.45 -7.98
2008 22.50 -36.99 15.47
2007 8.09 -1.36 0.97
Note: Estimates appear in italics. All performance data is since program inception.
Performance Comparison
Date Range: 06/07 - 10/17
Date: 10/31/2017
Perf: $1,205.53 Date: 9/30/2017
Perf: $1,157.05 Date: 8/31/2017
Perf: $1,181.99 Date: 7/31/2017
Perf: $1,162.69 Date: 6/30/2017
Perf: $1,158.17 Date: 5/31/2017
Perf: $1,193.00 Date: 4/30/2017
Perf: $1,190.74 Date: 3/31/2017
Perf: $1,197.93 Date: 2/28/2017
Perf: $1,215.68 Date: 1/31/2017
Perf: $1,189.74 Date: 12/31/2016
Perf: $1,205.29 Date: 11/30/2016
Perf: $1,196.20 Date: 10/31/2016
Perf: $1,209.50 Date: 9/30/2016
Perf: $1,241.54 Date: 8/31/2016
Perf: $1,257.76 Date: 7/31/2016
Perf: $1,292.53 Date: 6/30/2016
Perf: $1,279.48 Date: 5/31/2016
Perf: $1,227.32 Date: 4/30/2016
Perf: $1,249.18 Date: 3/31/2016
Perf: $1,281.34 Date: 2/29/2016
Perf: $1,319.20 Date: 1/31/2016
Perf: $1,287.53 Date: 12/31/2015
Perf: $1,244.23 Date: 11/30/2015
Perf: $1,273.52 Date: 10/31/2015
Perf: $1,231.53 Date: 9/30/2015
Perf: $1,253.33 Date: 8/31/2015
Perf: $1,226.71 Date: 7/31/2015
Perf: $1,248.31 Date: 6/30/2015
Perf: $1,201.34 Date: 5/31/2015
Perf: $1,267.23 Date: 4/30/2015
Perf: $1,276.42 Date: 3/31/2015
Perf: $1,327.67 Date: 2/28/2015
Perf: $1,298.96 Date: 1/31/2015
Perf: $1,301.05 Date: 12/31/2014
Perf: $1,243.12 Date: 11/30/2014
Perf: $1,221.62 Date: 10/31/2014
Perf: $1,153.01 Date: 9/30/2014
Perf: $1,136.31 Date: 8/31/2014
Perf: $1,119.63 Date: 7/31/2014
Perf: $1,074.19 Date: 6/30/2014
Perf: $1,082.85 Date: 5/31/2014
Perf: $1,073.62 Date: 4/30/2014
Perf: $1,046.82 Date: 3/31/2014
Perf: $1,038.92 Date: 2/28/2014
Perf: $1,054.53 Date: 1/31/2014
Perf: $1,045.95 Date: 12/31/2013
Perf: $1,073.98 Date: 11/30/2013
Perf: $1,075.49 Date: 10/31/2013
Perf: $1,056.37 Date: 9/30/2013
Perf: $1,032.72 Date: 8/31/2013
Perf: $1,038.95 Date: 7/31/2013
Perf: $1,059.29 Date: 6/30/2013
Perf: $1,068.59 Date: 5/31/2013
Perf: $1,110.68 Date: 4/30/2013
Perf: $1,160.59 Date: 3/31/2013
Perf: $1,131.40 Date: 2/28/2013
Perf: $1,115.34 Date: 1/31/2013
Perf: $1,121.85 Date: 12/31/2012
Perf: $1,100.93 Date: 11/30/2012
Perf: $1,095.56 Date: 10/31/2012
Perf: $1,092.50 Date: 9/30/2012
Perf: $1,133.53 Date: 8/31/2012
Perf: $1,152.55 Date: 7/31/2012
Perf: $1,168.44 Date: 6/30/2012
Perf: $1,122.53 Date: 5/31/2012
Perf: $1,166.39 Date: 4/30/2012
Perf: $1,144.64 Date: 3/31/2012
Perf: $1,137.81 Date: 2/29/2012
Perf: $1,164.24 Date: 1/31/2012
Perf: $1,159.49 Date: 12/31/2011
Perf: $1,155.79 Date: 11/30/2011
Perf: $1,144.80 Date: 10/31/2011
Perf: $1,141.37 Date: 9/30/2011
Perf: $1,188.44 Date: 8/31/2011
Perf: $1,189.15 Date: 7/31/2011
Perf: $1,191.53 Date: 6/30/2011
Perf: $1,150.24 Date: 5/31/2011
Perf: $1,180.94 Date: 4/30/2011
Perf: $1,225.68 Date: 3/31/2011
Perf: $1,179.67 Date: 2/28/2011
Perf: $1,198.00 Date: 1/31/2011
Perf: $1,177.98 Date: 12/31/2010
Perf: $1,194.34 Date: 11/30/2010
Perf: $1,145.21 Date: 10/31/2010
Perf: $1,187.24 Date: 9/30/2010
Perf: $1,142.89 Date: 8/31/2010
Perf: $1,122.47 Date: 7/31/2010
Perf: $1,077.84 Date: 6/30/2010
Perf: $1,091.93 Date: 5/31/2010
Perf: $1,087.79 Date: 4/30/2010
Perf: $1,114.77 Date: 3/31/2010
Perf: $1,097.87 Date: 2/28/2010
Perf: $1,055.94 Date: 1/31/2010
Perf: $1,046.11 Date: 12/31/2009
Perf: $1,072.82 Date: 11/30/2009
Perf: $1,117.53 Date: 10/31/2009
Perf: $1,074.23 Date: 9/30/2009
Perf: $1,102.46 Date: 8/31/2009
Perf: $1,076.83 Date: 7/31/2009
Perf: $1,073.29 Date: 6/30/2009
Perf: $1,074.47 Date: 5/31/2009
Perf: $1,103.83 Date: 4/30/2009
Perf: $1,088.80 Date: 3/31/2009
Perf: $1,125.61 Date: 2/28/2009
Perf: $1,157.68 Date: 1/31/2009
Perf: $1,158.26 Date: 12/31/2008
Perf: $1,165.84 Date: 11/30/2008
Perf: $1,136.63 Date: 10/31/2008
Perf: $1,096.39 Date: 9/30/2008
Perf: $1,042.69 Date: 8/31/2008
Perf: $1,040.50 Date: 7/31/2008
Perf: $1,069.05 Date: 6/30/2008
Perf: $1,120.48 Date: 5/31/2008
Perf: $1,091.34 Date: 4/30/2008
Perf: $1,069.31 Date: 3/31/2008
Perf: $1,081.75 Date: 2/29/2008
Perf: $1,086.53 Date: 1/31/2008
Perf: $1,028.04 Date: 12/31/2007
Perf: $1,009.66 Date: 11/30/2007
Perf: $1,011.99 Date: 10/31/2007
Perf: $1,018.61 Date: 9/30/2007
Perf: $976.52 Date: 8/31/2007
Perf: $932.95 Date: 7/31/2007
Perf: $969.10 Date: 6/30/2007
Perf: $1,000.00 Date: 10/31/2017
Perf: $2,140.30 Date: 9/30/2017
Perf: $2,091.56 Date: 8/31/2017
Perf: $2,049.35 Date: 7/31/2017
Perf: $2,043.01 Date: 6/30/2017
Perf: $2,001.78 Date: 5/31/2017
Perf: $1,989.44 Date: 4/30/2017
Perf: $1,961.78 Date: 3/31/2017
Perf: $1,941.78 Date: 2/28/2017
Perf: $1,939.45 Date: 1/31/2017
Perf: $1,865.40 Date: 12/31/2016
Perf: $1,830.62 Date: 11/30/2016
Perf: $1,795.07 Date: 10/31/2016
Perf: $1,731.03 Date: 9/30/2016
Perf: $1,763.11 Date: 8/31/2016
Perf: $1,762.76 Date: 7/31/2016
Perf: $1,760.30 Date: 6/30/2016
Perf: $1,697.65 Date: 5/31/2016
Perf: $1,693.25 Date: 4/30/2016
Perf: $1,663.31 Date: 3/31/2016
Perf: $1,656.85 Date: 2/29/2016
Perf: $1,551.65 Date: 1/31/2016
Perf: $1,553.67 Date: 12/31/2015
Perf: $1,634.75 Date: 11/30/2015
Perf: $1,661.00 Date: 10/31/2015
Perf: $1,656.03 Date: 9/30/2015
Perf: $1,527.14 Date: 8/31/2015
Perf: $1,565.81 Date: 7/31/2015
Perf: $1,666.29 Date: 6/30/2015
Perf: $1,632.02 Date: 5/31/2015
Perf: $1,664.31 Date: 4/30/2015
Perf: $1,643.11 Date: 3/31/2015
Perf: $1,627.49 Date: 2/28/2015
Perf: $1,653.61 Date: 1/31/2015
Perf: $1,563.70 Date: 12/31/2014
Perf: $1,612.06 Date: 11/30/2014
Perf: $1,616.10 Date: 10/31/2014
Perf: $1,573.77 Date: 9/30/2014
Perf: $1,536.28 Date: 8/31/2014
Perf: $1,558.10 Date: 7/31/2014
Perf: $1,498.17 Date: 6/30/2014
Perf: $1,519.13 Date: 5/31/2014
Perf: $1,488.32 Date: 4/30/2014
Perf: $1,454.15 Date: 3/31/2014
Perf: $1,443.47 Date: 2/28/2014
Perf: $1,431.45 Date: 1/31/2014
Perf: $1,368.89 Date: 12/31/2013
Perf: $1,417.95 Date: 11/30/2013
Perf: $1,382.96 Date: 10/31/2013
Perf: $1,342.03 Date: 9/30/2013
Perf: $1,283.01 Date: 8/31/2013
Perf: $1,243.95 Date: 7/31/2013
Perf: $1,281.10 Date: 6/30/2013
Perf: $1,219.05 Date: 5/31/2013
Perf: $1,235.61 Date: 4/30/2013
Perf: $1,207.36 Date: 3/31/2013
Perf: $1,184.50 Date: 2/28/2013
Perf: $1,141.68 Date: 1/31/2013
Perf: $1,126.36 Date: 12/31/2012
Perf: $1,070.89 Date: 11/30/2012
Perf: $1,061.23 Date: 10/31/2012
Perf: $1,055.12 Date: 9/30/2012
Perf: $1,075.00 Date: 8/31/2012
Perf: $1,047.97 Date: 7/31/2012
Perf: $1,024.90 Date: 6/30/2012
Perf: $1,010.85 Date: 5/31/2012
Perf: $970.85 Date: 4/30/2012
Perf: $1,032.93 Date: 3/31/2012
Perf: $1,039.48 Date: 2/29/2012
Perf: $1,006.37 Date: 1/31/2012
Perf: $964.70 Date: 12/31/2011
Perf: $923.33 Date: 11/30/2011
Perf: $914.01 Date: 10/31/2011
Perf: $916.03 Date: 9/30/2011
Perf: $825.77 Date: 8/31/2011
Perf: $888.21 Date: 7/31/2011
Perf: $939.21 Date: 6/30/2011
Perf: $958.67 Date: 5/31/2011
Perf: $974.95 Date: 4/30/2011
Perf: $986.09 Date: 3/31/2011
Perf: $957.75 Date: 2/28/2011
Perf: $957.36 Date: 1/31/2011
Perf: $925.61 Date: 12/31/2010
Perf: $904.18 Date: 11/30/2010
Perf: $847.57 Date: 10/31/2010
Perf: $847.48 Date: 9/30/2010
Perf: $816.38 Date: 8/31/2010
Perf: $749.52 Date: 7/31/2010
Perf: $784.92 Date: 6/30/2010
Perf: $733.50 Date: 5/31/2010
Perf: $773.98 Date: 4/30/2010
Perf: $841.19 Date: 3/31/2010
Perf: $828.11 Date: 2/28/2010
Perf: $781.01 Date: 1/31/2010
Perf: $757.53 Date: 12/31/2009
Perf: $785.82 Date: 11/30/2009
Perf: $770.94 Date: 10/31/2009
Perf: $727.30 Date: 9/30/2009
Perf: $741.09 Date: 8/31/2009
Perf: $714.44 Date: 7/31/2009
Perf: $689.55 Date: 6/30/2009
Perf: $641.08 Date: 5/31/2009
Perf: $639.80 Date: 4/30/2009
Perf: $605.93 Date: 3/31/2009
Perf: $553.01 Date: 2/28/2009
Perf: $508.46 Date: 1/31/2009
Perf: $569.07 Date: 12/31/2008
Perf: $621.46 Date: 11/30/2008
Perf: $614.94 Date: 10/31/2008
Perf: $662.51 Date: 9/30/2008
Perf: $796.19 Date: 8/31/2008
Perf: $874.07 Date: 7/31/2008
Perf: $861.58 Date: 6/30/2008
Perf: $868.88 Date: 5/31/2008
Perf: $948.86 Date: 4/30/2008
Perf: $936.69 Date: 3/31/2008
Perf: $893.19 Date: 2/29/2008
Perf: $897.05 Date: 1/31/2008
Perf: $927.18 Date: 12/31/2007
Perf: $986.36 Date: 11/30/2007
Perf: $993.21 Date: 10/31/2007
Perf: $1,036.54 Date: 9/30/2007
Perf: $1,020.32 Date: 8/31/2007
Perf: $983.54 Date: 7/31/2007
Perf: $969.00 Date: 6/30/2007
Perf: $1,000.00 Date: 10/31/2017
Perf: $2,848.73 Date: 9/30/2017
Perf: $2,895.06 Date: 8/31/2017
Perf: $2,868.66 Date: 7/31/2017
Perf: $2,860.37 Date: 6/30/2017
Perf: $3,060.53 Date: 5/31/2017
Perf: $3,130.33 Date: 4/30/2017
Perf: $3,048.63 Date: 3/31/2017
Perf: $3,173.34 Date: 2/28/2017
Perf: $3,020.51 Date: 1/31/2017
Perf: $3,018.69 Date: 12/31/2016
Perf: $2,958.05 Date: 11/30/2016
Perf: $2,707.60 Date: 10/31/2016
Perf: $2,561.35 Date: 9/30/2016
Perf: $2,613.09 Date: 8/31/2016
Perf: $2,655.58 Date: 7/31/2016
Perf: $2,740.53 Date: 6/30/2016
Perf: $2,783.96 Date: 5/31/2016
Perf: $2,990.29 Date: 4/30/2016
Perf: $3,108.74 Date: 3/31/2016
Perf: $3,086.21 Date: 2/29/2016
Perf: $2,859.98 Date: 1/31/2016
Perf: $2,951.48 Date: 12/31/2015
Perf: $2,880.05 Date: 11/30/2015
Perf: $2,810.90 Date: 10/31/2015
Perf: $2,844.47 Date: 9/30/2015
Perf: $2,628.41 Date: 8/31/2015
Perf: $2,543.71 Date: 7/31/2015
Perf: $2,550.59 Date: 6/30/2015
Perf: $2,700.47 Date: 5/31/2015
Perf: $2,775.12 Date: 4/30/2015
Perf: $2,908.02 Date: 3/31/2015
Perf: $2,837.64 Date: 2/28/2015
Perf: $3,318.11 Date: 1/31/2015
Perf: $3,406.68 Date: 12/31/2014
Perf: $3,321.65 Date: 11/30/2014
Perf: $3,549.15 Date: 10/31/2014
Perf: $3,387.56 Date: 9/30/2014
Perf: $3,424.54 Date: 8/31/2014
Perf: $3,350.83 Date: 7/31/2014
Perf: $3,299.36 Date: 6/30/2014
Perf: $3,284.25 Date: 5/31/2014
Perf: $3,267.91 Date: 4/30/2014
Perf: $3,343.47 Date: 3/31/2014
Perf: $3,279.20 Date: 2/28/2014
Perf: $3,138.29 Date: 1/31/2014
Perf: $2,995.98 Date: 12/31/2013
Perf: $3,121.79 Date: 11/30/2013
Perf: $3,002.87 Date: 10/31/2013
Perf: $3,074.20 Date: 9/30/2013
Perf: $3,213.00 Date: 8/31/2013
Perf: $3,450.38 Date: 7/31/2013
Perf: $3,296.13 Date: 6/30/2013
Perf: $3,062.46 Date: 5/31/2013
Perf: $3,126.24 Date: 4/30/2013
Perf: $3,072.47 Date: 3/31/2013
Perf: $3,095.06 Date: 2/28/2013
Perf: $3,055.34 Date: 1/31/2013
Perf: $3,220.22 Date: 12/31/2012
Perf: $3,155.22 Date: 11/30/2012
Perf: $3,135.47 Date: 10/31/2012
Perf: $3,107.19 Date: 9/30/2012
Perf: $3,039.71 Date: 8/31/2012
Perf: $3,105.86 Date: 7/31/2012
Perf: $3,000.83 Date: 6/30/2012
Perf: $2,939.40 Date: 5/31/2012
Perf: $2,908.28 Date: 4/30/2012
Perf: $2,948.38 Date: 3/31/2012
Perf: $2,881.81 Date: 2/29/2012
Perf: $2,674.29 Date: 1/31/2012
Perf: $2,587.35 Date: 12/31/2011
Perf: $2,474.75 Date: 11/30/2011
Perf: $2,569.30 Date: 10/31/2011
Perf: $2,524.12 Date: 9/30/2011
Perf: $2,524.62 Date: 8/31/2011
Perf: $2,319.15 Date: 7/31/2011
Perf: $2,308.07 Date: 6/30/2011
Perf: $2,233.04 Date: 5/31/2011
Perf: $2,284.91 Date: 4/30/2011
Perf: $2,653.16 Date: 3/31/2011
Perf: $2,561.22 Date: 2/28/2011
Perf: $2,446.71 Date: 1/31/2011
Perf: $2,358.28 Date: 12/31/2010
Perf: $2,242.35 Date: 11/30/2010
Perf: $2,227.42 Date: 10/31/2010
Perf: $2,410.89 Date: 9/30/2010
Perf: $2,054.45 Date: 8/31/2010
Perf: $2,008.45 Date: 7/31/2010
Perf: $1,898.35 Date: 6/30/2010
Perf: $1,763.77 Date: 5/31/2010
Perf: $1,697.08 Date: 4/30/2010
Perf: $1,719.25 Date: 3/31/2010
Perf: $1,678.80 Date: 2/28/2010
Perf: $1,650.41 Date: 1/31/2010
Perf: $1,600.47 Date: 12/31/2009
Perf: $1,670.82 Date: 11/30/2009
Perf: $1,693.85 Date: 10/31/2009
Perf: $1,661.94 Date: 9/30/2009
Perf: $1,562.56 Date: 8/31/2009
Perf: $1,380.36 Date: 7/31/2009
Perf: $1,305.55 Date: 6/30/2009
Perf: $1,353.60 Date: 5/31/2009
Perf: $1,387.74 Date: 4/30/2009
Perf: $1,330.27 Date: 3/31/2009
Perf: $1,295.55 Date: 2/28/2009
Perf: $1,244.53 Date: 1/31/2009
Perf: $1,288.73 Date: 12/31/2008
Perf: $1,324.08 Date: 11/30/2008
Perf: $1,330.20 Date: 10/31/2008
Perf: $1,302.97 Date: 9/30/2008
Perf: $1,203.44 Date: 8/31/2008
Perf: $1,282.03 Date: 7/31/2008
Perf: $1,268.96 Date: 6/30/2008
Perf: $1,321.56 Date: 5/31/2008
Perf: $1,250.18 Date: 4/30/2008
Perf: $1,253.31 Date: 3/31/2008
Perf: $1,284.92 Date: 2/29/2008
Perf: $1,162.72 Date: 1/31/2008
Perf: $1,059.91 Date: 12/31/2007
Perf: $1,080.87 Date: 11/30/2007
Perf: $1,093.56 Date: 10/31/2007
Perf: $1,187.75 Date: 9/30/2007
Perf: $1,020.40 Date: 8/31/2007
Perf: $995.81 Date: 7/31/2007
Perf: $968.40 Date: 6/30/2007
Perf: $1,000.00
Note: All performance data is since program inception.

Monthly Returns
Date Range: 06/07 - 10/17
Date: 10/31/2017
Return: -1.60 % Date: 9/30/2017
Return: 0.92 % Date: 8/31/2017
Return: 0.29 % Date: 7/31/2017
Return: -6.54 % Date: 6/30/2017
Return: -2.23 % Date: 5/31/2017
Return: 2.68 % Date: 4/30/2017
Return: -3.93 % Date: 3/31/2017
Return: 5.06 % Date: 2/28/2017
Return: 0.06 % Date: 1/31/2017
Return: 2.05 % Date: 12/31/2016
Return: 9.25 % Date: 11/30/2016
Return: 5.71 % Date: 10/31/2016
Return: -1.98 % Date: 9/30/2016
Return: -1.60 % Date: 8/31/2016
Return: -3.10 % Date: 7/31/2016
Return: -1.56 % Date: 6/30/2016
Return: -6.90 % Date: 5/31/2016
Return: -3.81 % Date: 4/30/2016
Return: 0.73 % Date: 3/31/2016
Return: 7.91 % Date: 2/29/2016
Return: -3.10 % Date: 1/31/2016
Return: 2.48 % Date: 12/31/2015
Return: 2.46 % Date: 11/30/2015
Return: -1.18 % Date: 10/31/2015
Return: 8.22 % Date: 9/30/2015
Return: 3.33 % Date: 8/31/2015
Return: -0.27 % Date: 7/31/2015
Return: -5.55 % Date: 6/30/2015
Return: -2.69 % Date: 5/31/2015
Return: -4.57 % Date: 4/30/2015
Return: 2.48 % Date: 3/31/2015
Return: -14.48 % Date: 2/28/2015
Return: -2.60 % Date: 1/31/2015
Return: 2.56 % Date: 12/31/2014
Return: -6.41 % Date: 11/30/2014
Return: 4.77 % Date: 10/31/2014
Return: -1.08 % Date: 9/30/2014
Return: 2.20 % Date: 8/31/2014
Return: 1.56 % Date: 7/31/2014
Return: 0.46 % Date: 6/30/2014
Return: 0.50 % Date: 5/31/2014
Return: -2.26 % Date: 4/30/2014
Return: 1.96 % Date: 3/31/2014
Return: 4.49 % Date: 2/28/2014
Return: 4.75 % Date: 1/31/2014
Return: -4.03 % Date: 12/31/2013
Return: 3.96 % Date: 11/30/2013
Return: -2.32 % Date: 10/31/2013
Return: -4.32 % Date: 9/30/2013
Return: -6.88 % Date: 8/31/2013
Return: 4.68 % Date: 7/31/2013
Return: 7.63 % Date: 6/30/2013
Return: -2.04 % Date: 5/31/2013
Return: 1.75 % Date: 4/30/2013
Return: -0.73 % Date: 3/31/2013
Return: 1.30 % Date: 2/28/2013
Return: -5.12 % Date: 1/31/2013
Return: 2.06 % Date: 12/31/2012
Return: 0.63 % Date: 11/30/2012
Return: 0.91 % Date: 10/31/2012
Return: 2.22 % Date: 9/30/2012
Return: -2.13 % Date: 8/31/2012
Return: 3.50 % Date: 7/31/2012
Return: 2.09 % Date: 6/30/2012
Return: 1.07 % Date: 5/31/2012
Return: -1.36 % Date: 4/30/2012
Return: 2.31 % Date: 3/31/2012
Return: 7.76 % Date: 2/29/2012
Return: 3.36 % Date: 1/31/2012
Return: 4.55 % Date: 12/31/2011
Return: -3.68 % Date: 11/30/2011
Return: 1.79 % Date: 10/31/2011
Return: -0.02 % Date: 9/30/2011
Return: 8.86 % Date: 8/31/2011
Return: 0.48 % Date: 7/31/2011
Return: 3.36 % Date: 6/30/2011
Return: -2.27 % Date: 5/31/2011
Return: -13.88 % Date: 4/30/2011
Return: 3.59 % Date: 3/31/2011
Return: 4.68 % Date: 2/28/2011
Return: 3.75 % Date: 1/31/2011
Return: 5.17 % Date: 12/31/2010
Return: 0.67 % Date: 11/30/2010
Return: -7.61 % Date: 10/31/2010
Return: 17.35 % Date: 9/30/2010
Return: 2.29 % Date: 8/31/2010
Return: 5.80 % Date: 7/31/2010
Return: 7.63 % Date: 6/30/2010
Return: 3.93 % Date: 5/31/2010
Return: -1.29 % Date: 4/30/2010
Return: 2.41 % Date: 3/31/2010
Return: 1.72 % Date: 2/28/2010
Return: 3.12 % Date: 1/31/2010
Return: -4.21 % Date: 12/31/2009
Return: -1.36 % Date: 11/30/2009
Return: 1.92 % Date: 10/31/2009
Return: 6.36 % Date: 9/30/2009
Return: 13.20 % Date: 8/31/2009
Return: 5.73 % Date: 7/31/2009
Return: -3.55 % Date: 6/30/2009
Return: -2.46 % Date: 5/31/2009
Return: 4.32 % Date: 4/30/2009
Return: 2.68 % Date: 3/31/2009
Return: 4.10 % Date: 2/28/2009
Return: -3.43 % Date: 1/31/2009
Return: -2.67 % Date: 12/31/2008
Return: -0.46 % Date: 11/30/2008
Return: 2.09 % Date: 10/31/2008
Return: 8.27 % Date: 9/30/2008
Return: -6.13 % Date: 8/31/2008
Return: 1.03 % Date: 7/31/2008
Return: -3.98 % Date: 6/30/2008
Return: 5.71 % Date: 5/31/2008
Return: -0.25 % Date: 4/30/2008
Return: -2.46 % Date: 3/31/2008
Return: 10.51 % Date: 2/29/2008
Return: 9.70 % Date: 1/31/2008
Return: -1.94 % Date: 12/31/2007
Return: -1.16 % Date: 11/30/2007
Return: -7.93 % Date: 10/31/2007
Return: 16.40 % Date: 9/30/2007
Return: 2.47 % Date: 8/31/2007
Return: 2.83 % Date: 7/31/2007
Return: -3.16 % Date: 6/30/2007
Return: 0.00 %
Note: All performance data is since program inception.

Distribution of Monthly Returns
Date Range: 06/07 - 10/17
Return: -7.00 %
Count: 3 Return: -5.00 %
Count: 2 Return: 9.00 %
Count: 2 Return: -14.00 %
Count: 2 Return: 5.00 %
Count: 7 Return: 17.00 %
Count: 1 Return: 13.00 %
Count: 1 Return: 4.00 %
Count: 7 Return: 8.00 %
Count: 6 Return: -6.00 %
Count: 3 Return: 1.00 %
Count: 9 Return: -4.00 %
Count: 8 Return: 6.00 %
Count: 5 Return: 11.00 %
Count: 1 Return: 10.00 %
Count: 1 Return: -2.00 %
Count: 13 Return: -1.00 %
Count: 7 Return: -8.00 %
Count: 2 Return: 16.00 %
Count: 1 Return: 2.00 %
Count: 19 Return: 3.00 %
Count: 9 Return: -3.00 %
Count: 7 Return: 0.00 %
Count: 9
Note: All performance data is since program inception.

Underwater Curve
Date Range: 06/07 - 10/17
Date: 10/31/2017
Drawdown: -19.73 % Date: 9/30/2017
Drawdown: -18.43 % Date: 8/31/2017
Drawdown: -19.17 % Date: 7/31/2017
Drawdown: -19.41 % Date: 6/30/2017
Drawdown: -13.77 % Date: 5/31/2017
Drawdown: -11.80 % Date: 4/30/2017
Drawdown: -14.10 % Date: 3/31/2017
Drawdown: -10.59 % Date: 2/28/2017
Drawdown: -14.89 % Date: 1/31/2017
Drawdown: -14.95 % Date: 12/31/2016
Drawdown: -16.65 % Date: 11/30/2016
Drawdown: -23.71 % Date: 10/31/2016
Drawdown: -27.83 % Date: 9/30/2016
Drawdown: -26.37 % Date: 8/31/2016
Drawdown: -25.18 % Date: 7/31/2016
Drawdown: -22.78 % Date: 6/30/2016
Drawdown: -21.56 % Date: 5/31/2016
Drawdown: -15.75 % Date: 4/30/2016
Drawdown: -12.41 % Date: 3/31/2016
Drawdown: -13.04 % Date: 2/29/2016
Drawdown: -19.42 % Date: 1/31/2016
Drawdown: -16.84 % Date: 12/31/2015
Drawdown: -18.85 % Date: 11/30/2015
Drawdown: -20.80 % Date: 10/31/2015
Drawdown: -19.85 % Date: 9/30/2015
Drawdown: -25.94 % Date: 8/31/2015
Drawdown: -28.33 % Date: 7/31/2015
Drawdown: -28.13 % Date: 6/30/2015
Drawdown: -23.91 % Date: 5/31/2015
Drawdown: -21.81 % Date: 4/30/2015
Drawdown: -18.06 % Date: 3/31/2015
Drawdown: -20.05 % Date: 2/28/2015
Drawdown: -6.51 % Date: 1/31/2015
Drawdown: -4.01 % Date: 12/31/2014
Drawdown: -6.41 % Date: 11/30/2014
Drawdown: 0.00 % Date: 10/31/2014
Drawdown: -1.82 % Date: 9/30/2014
Drawdown: -0.75 % Date: 8/31/2014
Drawdown: -2.89 % Date: 7/31/2014
Drawdown: -4.38 % Date: 6/30/2014
Drawdown: -4.81 % Date: 5/31/2014
Drawdown: -5.29 % Date: 4/30/2014
Drawdown: -3.10 % Date: 3/31/2014
Drawdown: -4.96 % Date: 2/28/2014
Drawdown: -9.05 % Date: 1/31/2014
Drawdown: -13.17 % Date: 12/31/2013
Drawdown: -9.52 % Date: 11/30/2013
Drawdown: -12.97 % Date: 10/31/2013
Drawdown: -10.90 % Date: 9/30/2013
Drawdown: -6.88 % Date: 8/31/2013
Drawdown: 0.00 % Date: 7/31/2013
Drawdown: 0.00 % Date: 6/30/2013
Drawdown: -4.90 % Date: 5/31/2013
Drawdown: -2.92 % Date: 4/30/2013
Drawdown: -4.59 % Date: 3/31/2013
Drawdown: -3.89 % Date: 2/28/2013
Drawdown: -5.12 % Date: 1/31/2013
Drawdown: 0.00 % Date: 12/31/2012
Drawdown: 0.00 % Date: 11/30/2012
Drawdown: 0.00 % Date: 10/31/2012
Drawdown: 0.00 % Date: 9/30/2012
Drawdown: -2.13 % Date: 8/31/2012
Drawdown: 0.00 % Date: 7/31/2012
Drawdown: 0.00 % Date: 6/30/2012
Drawdown: -0.30 % Date: 5/31/2012
Drawdown: -1.36 % Date: 4/30/2012
Drawdown: 0.00 % Date: 3/31/2012
Drawdown: 0.00 % Date: 2/29/2012
Drawdown: 0.00 % Date: 1/31/2012
Drawdown: -2.48 % Date: 12/31/2011
Drawdown: -6.72 % Date: 11/30/2011
Drawdown: -3.16 % Date: 10/31/2011
Drawdown: -4.86 % Date: 9/30/2011
Drawdown: -4.84 % Date: 8/31/2011
Drawdown: -12.59 % Date: 7/31/2011
Drawdown: -13.01 % Date: 6/30/2011
Drawdown: -15.83 % Date: 5/31/2011
Drawdown: -13.88 % Date: 4/30/2011
Drawdown: 0.00 % Date: 3/31/2011
Drawdown: 0.00 % Date: 2/28/2011
Drawdown: 0.00 % Date: 1/31/2011
Drawdown: -2.18 % Date: 12/31/2010
Drawdown: -6.99 % Date: 11/30/2010
Drawdown: -7.61 % Date: 10/31/2010
Drawdown: 0.00 % Date: 9/30/2010
Drawdown: 0.00 % Date: 8/31/2010
Drawdown: 0.00 % Date: 7/31/2010
Drawdown: 0.00 % Date: 6/30/2010
Drawdown: 0.00 % Date: 5/31/2010
Drawdown: -1.29 % Date: 4/30/2010
Drawdown: 0.00 % Date: 3/31/2010
Drawdown: -0.89 % Date: 2/28/2010
Drawdown: -2.56 % Date: 1/31/2010
Drawdown: -5.51 % Date: 12/31/2009
Drawdown: -1.36 % Date: 11/30/2009
Drawdown: 0.00 % Date: 10/31/2009
Drawdown: 0.00 % Date: 9/30/2009
Drawdown: 0.00 % Date: 8/31/2009
Drawdown: -0.53 % Date: 7/31/2009
Drawdown: -5.92 % Date: 6/30/2009
Drawdown: -2.46 % Date: 5/31/2009
Drawdown: 0.00 % Date: 4/30/2009
Drawdown: 0.00 % Date: 3/31/2009
Drawdown: -2.60 % Date: 2/28/2009
Drawdown: -6.44 % Date: 1/31/2009
Drawdown: -3.12 % Date: 12/31/2008
Drawdown: -0.46 % Date: 11/30/2008
Drawdown: 0.00 % Date: 10/31/2008
Drawdown: -1.41 % Date: 9/30/2008
Drawdown: -8.94 % Date: 8/31/2008
Drawdown: -2.99 % Date: 7/31/2008
Drawdown: -3.98 % Date: 6/30/2008
Drawdown: 0.00 % Date: 5/31/2008
Drawdown: -2.70 % Date: 4/30/2008
Drawdown: -2.46 % Date: 3/31/2008
Drawdown: 0.00 % Date: 2/29/2008
Drawdown: -2.11 % Date: 1/31/2008
Drawdown: -10.76 % Date: 12/31/2007
Drawdown: -9.00 % Date: 11/30/2007
Drawdown: -7.93 % Date: 10/31/2007
Drawdown: 0.00 % Date: 9/30/2007
Drawdown: 0.00 % Date: 8/31/2007
Drawdown: -0.42 % Date: 7/31/2007
Drawdown: -3.16 %
Note: All performance data is since program inception.
Notes to Performance

Manager Information
Manager Name:  Zoi Capital, LLC
Address: 1981 Marcus Avenue, Suite C101
City: Lake Success
State: NY
Zip: 11042
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.