Open Most Recent Performance File

Trading Program I

 JanFebMarAprMayJunJulAug SepOctNovDecYTD
2019-0.41%-0.81%-0.62%0.33%0.99%-0.09%-0.62%
20180.08%1.27%0.90%-0.43%1.04%-2.250.73%-1.37%-0.26%0.40%-1.21%0.05%-1.11%
2017*********0.24%-1.51%-0.68%-1.94%
2016-0.36%-0.46%-1.13%-0.65%********-2.58%
2015-1.09%-1.34%-0.98%0.65%-3.17%-5.83%
* Program was halted in May 2016. The program resumed in October 2017.

Primary Market: AgricultureMinimum Investment:$1,000,000Liquidity: Daily
Incentive Fee:20%Management Fee: 2%Notional Funding: Yes
Avg. Rt/Yr/$1M:177Avg. M/E Ratio:0.24%Start Date:August 2015

Trading Program II

 JanFebMarAprMayJunJulAugSepOctNovDecYTD
2019-0.43%-0.99%-0.72%0.69%1.40%-0.15%-0.22%
20180.18%1.87%1.41%-0.40%1.59%-3.19%1.13%-1.74%-0.22%0.67%-1.54%0.20%-0.17%
20171.18%-0.16%-1.08%-0.29%-0.90%0.66%-0.09%0.30%-0.81%-0.16%-1.80%-0.88%-4.00%
2016-0.59%-0.62%-1.23%-3.03%1.00%3.15%1.13%-1.27%-0.25%0.14%1.33%-1.98%-2.35%
2015-0.18%-1.86%-0.75%0.55%-3.79%-5.93%
Primary Market:AgricultureMinimum Investment:$200,000Liquidity:Daily
Incentive Fee:20%Management Fee:2%Notional Funding:Yes
Avg. RT/YR/$1M:226Avg. M/E Ratio:0.36%Start Date:August 2015
Program I Client AUM:$962,579
Program II Client AUM:$702,297
Proprietary AUM:$1,339,711

PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS. TRADING COMMODITY FUTURES AND OPTIONS IS SPECULATIVE, INVOLVES RISK OF LOSS, AND IS NOT SUITABLE FOR ALL INVESTORS.