Open Most Recent Performance File

Trading Program I

 JanFebMarAprMayJunJulAug SepOctNovDecYTD
2020-0.68%-0.31%-0.22%-0.01%0.10%-0.05%-0.10%-0.03%-0.16%0.01%-1.44%
2019-0.41%-0.81%-0.62%0.33%0.99%-0.09%-1.40%-0.52%-0.60%-0.34%-0.12%0.10%-3.45%
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:76Avg. M/E Ratio:0.74%Start Date:August 2015

Trading Program II

 JanFebMarAprMayJunJulAugSepOctNovDecYTD
2020-1.62%-1.11%-0.75%-0.14%0.21%-0.22%-0.35%-0.16%-0.30%0.09%-4.28%
2019-0.43%-0.99%-0.72%0.69%1.40%-0.15%-1.80%-0.61%-0.70%-0.34%0.33%0.03%-3.28%
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:166Avg. M/E Ratio:1.67%Start Date:August 2015

Fundamental Trading Program

 JanFebMarAprMayJunJulAugSepOctNovDecYTD
2020-5.28%-3.70%-4.34%-1.63%0.00%-0.26%-----14.39%
2019-0.92%-1.75%2.93%-0.78%-2.56%2.68%4.69%4.13%
Primary Market: AgricultureMinimum Investment:$100,000Liquidity: Daily
Incentive Fee:20%Management Fee: 2%Notional Funding: Yes
Avg. Rt/Yr/$1M:2060Avg. M/E Ratio:0.00%Start Date:June 2019
Program I Client AUM:$821,933
Program II Client AUM:$651,724
Fundamental Client AUM$0
Proprietary AUM:$322,541

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.