NickJen Capital Management & Consultants

Natural Resource Discretionary Program - NDR1 *QEP*


Monthly Performance (%)

Date Range: 03/08 - 11/18
  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec  YTD 
2018 0.83 0.32 -0.45 -1.05 0.72 -0.73 0.68 -0.11 0.07 -0.45 -0.25   -0.44 
2017 0.28 0.24 0.26 0.17 -0.55 0.83 -0.40 0.33 -0.30 -0.57 0.59 -0.35  0.52 
2016 0.03 0.26 -0.41 0.07 0.03 -0.16 -0.05 0.41 0.45 -0.32 0.40 -1.11  -0.41 
2015 2.15 -0.69 0.53 -0.78 0.14 0.29 1.12 0.15 -0.41 -0.54 -0.69 0.60  1.84 
2014 -1.40 -0.93 2.06 0.34 0.14 0.04 -0.45 1.03 -0.54 0.69 0.23 0.46  1.64 
2013 -1.96 2.35 0.36 1.17 -1.56 1.00 1.23 1.96 1.40 -3.19 -0.45 0.42  2.60 
2012 -0.90 0.91 -1.21 -0.90 2.16 0.13 1.48 0.93 1.56 -0.52 0.59 0.79  5.07 
2011 -1.71 1.15 1.35 -0.29 -0.55 -0.70 0.11 0.39 2.94 -2.27 -0.05 -0.01  0.26 
2010 1.46 -0.38 0.80 0.07 -0.70 1.48 1.99 0.44 2.10 1.42 1.11 2.74  13.21 
2009 0.15 -0.27 -1.38 0.10 2.32 0.24 -0.48 -0.89 0.74 -0.23 -0.15 -0.69  -0.59 
2008 -0.08 -0.18 1.10 0.21 1.12 -0.42 2.28 -0.69 0.93  4.31 
Note: Estimates appear in italics. All performance data is since program inception.

Strategy Description

The “Program” (Multi Manager) launched in January 2008, initially trading proprietary assets until April 2008 when it began trading client funds. The “Program” was traded at Atlantic Capital Advisors from inception until February 2014. In April 2014 Nicholas Gentile established NickJen Capital Management and renamed the program the Natural Resource Program – NRD-1. The NRD-1 is a Natural Resource, commodity only program that utilizes both fundamental and technical analysis, with the ultimate trading decisions based on fundamentals. 70% of the portfolio strategy focuses on the Agricultural and Soft markets and the remaining balance is composed of the Energy, Meat and Metal sectors. Trading decisions are developed through highly extensive, statistically based analysis, review of supply and demand conditions, inventory levels, weather developments and forecasts and economic trends and reports. This in conjunction with the managers in depth knowledge of markets and physical commodity trading experience is also strengthened by a vast network of industry contacts developed over 25 plus years. The program incorporates flat price directional trading composed of intraday, medium and long term trades in congruence with relative value trades consisting of inter commodity strategies, Arbs and both seasonal and calendar spreads. Trades are outright futures positions and a small percentage of the time structural futures and option trades. NickJen Capital employs strict risk parameters which are monitored in real time through the company’s internal risk management system and electronic trading platforms. The company’s Chief Risk Officer regulates and administers the internal system. We also utilize a fully integrated and scalable risk system and have a strong focus on operations and controls.

Performance Statistics

Date Range: 03/08 - 11/18
  Program S&P 500 Altegris 40 
Total Return 30.90% 161.35% 7.04% 
Annualized Return 2.56% 9.35% 0.63% 
Annualized Std. Deviation 3.53% 14.70% 8.74% 
Correlation -0.14 0.19 
Sharpe Ratio (rf=2.5%) 0.02 0.47 -0.21 
Worst Month -3.19% -16.79% -6.10% 
Date of Worst Month 10/2013 10/2008 02/2018 
Worst Drawdown -5.46% -46.41% -15.74% 
Date of Worst Drawdown 9/13 - 2/14 5/08 - 2/09 4/11 - 9/13 
Note: Estimates appear in italics. All performance data is since program inception.

Annual Performance (%)

Date Range: 03/08 - 11/18

Year or YTD Program S&P 500 Altegris 40 
2018 -0.44 5.11 -4.69 
2017 0.52 21.84 1.24 
2016 -0.41 11.98 -3.13 
2015 1.84 1.41 0.09 
2014 1.64 13.69 15.75 
2013 2.60 32.41 -2.45 
2012 5.07 15.98 -4.75 
2011 0.26 2.12 -3.23 
2010 13.21 15.06 11.33 
2009 -0.59 26.45 -7.98 
2008 4.31 -30.42 7.77 
Note: Estimates appear in italics. All performance data is since program inception.

Performance Comparison

Date Range: 03/08 - 11/18
Date: 11/30/2018
Perf: $1,075.13 Date: 10/31/2018
Perf: $1,088.19 Date: 9/30/2018
Perf: $1,115.75 Date: 8/31/2018
Perf: $1,120.80 Date: 7/31/2018
Perf: $1,092.93 Date: 6/30/2018
Perf: $1,101.18 Date: 5/31/2018
Perf: $1,092.01 Date: 4/30/2018
Perf: $1,106.28 Date: 3/31/2018
Perf: $1,094.46 Date: 2/28/2018
Perf: $1,095.45 Date: 1/31/2018
Perf: $1,166.61 Date: 12/31/2017
Perf: $1,128.03 Date: 11/30/2017
Perf: $1,115.87 Date: 10/31/2017
Perf: $1,114.42 Date: 9/30/2017
Perf: $1,069.61 Date: 8/31/2017
Perf: $1,092.66 Date: 7/31/2017
Perf: $1,074.82 Date: 6/30/2017
Perf: $1,070.64 Date: 5/31/2017
Perf: $1,102.85 Date: 4/30/2017
Perf: $1,100.75 Date: 3/31/2017
Perf: $1,107.40 Date: 2/28/2017
Perf: $1,123.81 Date: 1/31/2017
Perf: $1,099.83 Date: 12/31/2016
Perf: $1,114.20 Date: 11/30/2016
Perf: $1,105.80 Date: 10/31/2016
Perf: $1,118.10 Date: 9/30/2016
Perf: $1,147.71 Date: 8/31/2016
Perf: $1,162.71 Date: 7/31/2016
Perf: $1,194.85 Date: 6/30/2016
Perf: $1,182.79 Date: 5/31/2016
Perf: $1,134.57 Date: 4/30/2016
Perf: $1,154.77 Date: 3/31/2016
Perf: $1,184.51 Date: 2/29/2016
Perf: $1,219.51 Date: 1/31/2016
Perf: $1,190.23 Date: 12/31/2015
Perf: $1,150.20 Date: 11/30/2015
Perf: $1,177.28 Date: 10/31/2015
Perf: $1,138.46 Date: 9/30/2015
Perf: $1,158.61 Date: 8/31/2015
Perf: $1,134.01 Date: 7/31/2015
Perf: $1,153.97 Date: 6/30/2015
Perf: $1,110.55 Date: 5/31/2015
Perf: $1,171.46 Date: 4/30/2015
Perf: $1,179.96 Date: 3/31/2015
Perf: $1,227.34 Date: 2/28/2015
Perf: $1,200.80 Date: 1/31/2015
Perf: $1,202.72 Date: 12/31/2014
Perf: $1,149.17 Date: 11/30/2014
Perf: $1,129.30 Date: 10/31/2014
Perf: $1,065.88 Date: 9/30/2014
Perf: $1,050.43 Date: 8/31/2014
Perf: $1,035.01 Date: 7/31/2014
Perf: $993.01 Date: 6/30/2014
Perf: $1,001.02 Date: 5/31/2014
Perf: $992.48 Date: 4/30/2014
Perf: $967.71 Date: 3/31/2014
Perf: $960.41 Date: 2/28/2014
Perf: $974.84 Date: 1/31/2014
Perf: $966.91 Date: 12/31/2013
Perf: $992.82 Date: 11/30/2013
Perf: $994.21 Date: 10/31/2013
Perf: $976.54 Date: 9/30/2013
Perf: $954.67 Date: 8/31/2013
Perf: $960.44 Date: 7/31/2013
Perf: $979.24 Date: 6/30/2013
Perf: $987.83 Date: 5/31/2013
Perf: $1,026.75 Date: 4/30/2013
Perf: $1,072.88 Date: 3/31/2013
Perf: $1,045.90 Date: 2/28/2013
Perf: $1,031.05 Date: 1/31/2013
Perf: $1,037.06 Date: 12/31/2012
Perf: $1,017.73 Date: 11/30/2012
Perf: $1,012.76 Date: 10/31/2012
Perf: $1,009.94 Date: 9/30/2012
Perf: $1,047.87 Date: 8/31/2012
Perf: $1,065.45 Date: 7/31/2012
Perf: $1,080.14 Date: 6/30/2012
Perf: $1,037.70 Date: 5/31/2012
Perf: $1,078.24 Date: 4/30/2012
Perf: $1,058.13 Date: 3/31/2012
Perf: $1,051.82 Date: 2/29/2012
Perf: $1,076.25 Date: 1/31/2012
Perf: $1,071.86 Date: 12/31/2011
Perf: $1,068.44 Date: 11/30/2011
Perf: $1,058.28 Date: 10/31/2011
Perf: $1,055.12 Date: 9/30/2011
Perf: $1,098.62 Date: 8/31/2011
Perf: $1,099.28 Date: 7/31/2011
Perf: $1,101.48 Date: 6/30/2011
Perf: $1,063.31 Date: 5/31/2011
Perf: $1,091.70 Date: 4/30/2011
Perf: $1,133.05 Date: 3/31/2011
Perf: $1,090.52 Date: 2/28/2011
Perf: $1,107.47 Date: 1/31/2011
Perf: $1,088.95 Date: 12/31/2010
Perf: $1,104.08 Date: 11/30/2010
Perf: $1,058.66 Date: 10/31/2010
Perf: $1,097.52 Date: 9/30/2010
Perf: $1,056.52 Date: 8/31/2010
Perf: $1,037.64 Date: 7/31/2010
Perf: $996.39 Date: 6/30/2010
Perf: $1,009.41 Date: 5/31/2010
Perf: $1,005.59 Date: 4/30/2010
Perf: $1,030.53 Date: 3/31/2010
Perf: $1,014.90 Date: 2/28/2010
Perf: $976.14 Date: 1/31/2010
Perf: $967.05 Date: 12/31/2009
Perf: $991.75 Date: 11/30/2009
Perf: $1,033.07 Date: 10/31/2009
Perf: $993.05 Date: 9/30/2009
Perf: $1,019.14 Date: 8/31/2009
Perf: $995.45 Date: 7/31/2009
Perf: $992.17 Date: 6/30/2009
Perf: $993.27 Date: 5/31/2009
Perf: $1,020.41 Date: 4/30/2009
Perf: $1,006.52 Date: 3/31/2009
Perf: $1,040.55 Date: 2/28/2009
Perf: $1,070.19 Date: 1/31/2009
Perf: $1,070.73 Date: 12/31/2008
Perf: $1,077.73 Date: 11/30/2008
Perf: $1,050.73 Date: 10/31/2008
Perf: $1,013.53 Date: 9/30/2008
Perf: $963.89 Date: 8/31/2008
Perf: $961.87 Date: 7/31/2008
Perf: $988.26 Date: 6/30/2008
Perf: $1,035.80 Date: 5/31/2008
Perf: $1,008.86 Date: 4/30/2008
Perf: $988.50 Date: 3/31/2008
Perf: $1,000.00 Date: 11/30/2018
Perf: $2,624.76 Date: 10/31/2018
Perf: $2,572.29 Date: 9/30/2018
Perf: $2,761.15 Date: 8/31/2018
Perf: $2,745.50 Date: 7/31/2018
Perf: $2,658.82 Date: 6/30/2018
Perf: $2,563.46 Date: 5/31/2018
Perf: $2,547.67 Date: 4/30/2018
Perf: $2,487.71 Date: 3/31/2018
Perf: $2,478.30 Date: 2/28/2018
Perf: $2,542.88 Date: 1/31/2018
Perf: $2,640.31 Date: 12/31/2017
Perf: $2,497.22 Date: 11/30/2017
Perf: $2,469.81 Date: 10/31/2017
Perf: $2,396.24 Date: 9/30/2017
Perf: $2,341.68 Date: 8/31/2017
Perf: $2,294.42 Date: 7/31/2017
Perf: $2,287.32 Date: 6/30/2017
Perf: $2,241.16 Date: 5/31/2017
Perf: $2,227.35 Date: 4/30/2017
Perf: $2,196.38 Date: 3/31/2017
Perf: $2,173.99 Date: 2/28/2017
Perf: $2,171.38 Date: 1/31/2017
Perf: $2,088.47 Date: 12/31/2016
Perf: $2,049.53 Date: 11/30/2016
Perf: $2,009.73 Date: 10/31/2016
Perf: $1,938.03 Date: 9/30/2016
Perf: $1,973.95 Date: 8/31/2016
Perf: $1,973.56 Date: 7/31/2016
Perf: $1,970.80 Date: 6/30/2016
Perf: $1,900.67 Date: 5/31/2016
Perf: $1,895.74 Date: 4/30/2016
Perf: $1,862.22 Date: 3/31/2016
Perf: $1,854.98 Date: 2/29/2016
Perf: $1,737.20 Date: 1/31/2016
Perf: $1,739.46 Date: 12/31/2015
Perf: $1,830.24 Date: 11/30/2015
Perf: $1,859.62 Date: 10/31/2015
Perf: $1,854.06 Date: 9/30/2015
Perf: $1,709.76 Date: 8/31/2015
Perf: $1,753.06 Date: 7/31/2015
Perf: $1,865.55 Date: 6/30/2015
Perf: $1,827.18 Date: 5/31/2015
Perf: $1,863.33 Date: 4/30/2015
Perf: $1,839.60 Date: 3/31/2015
Perf: $1,822.11 Date: 2/28/2015
Perf: $1,851.36 Date: 1/31/2015
Perf: $1,750.69 Date: 12/31/2014
Perf: $1,804.84 Date: 11/30/2014
Perf: $1,809.36 Date: 10/31/2014
Perf: $1,761.96 Date: 9/30/2014
Perf: $1,720.00 Date: 8/31/2014
Perf: $1,744.42 Date: 7/31/2014
Perf: $1,677.32 Date: 6/30/2014
Perf: $1,700.80 Date: 5/31/2014
Perf: $1,666.30 Date: 4/30/2014
Perf: $1,628.04 Date: 3/31/2014
Perf: $1,616.09 Date: 2/28/2014
Perf: $1,602.62 Date: 1/31/2014
Perf: $1,532.58 Date: 12/31/2013
Perf: $1,587.51 Date: 11/30/2013
Perf: $1,548.34 Date: 10/31/2013
Perf: $1,502.51 Date: 9/30/2013
Perf: $1,436.44 Date: 8/31/2013
Perf: $1,392.71 Date: 7/31/2013
Perf: $1,434.30 Date: 6/30/2013
Perf: $1,364.83 Date: 5/31/2013
Perf: $1,383.37 Date: 4/30/2013
Perf: $1,351.74 Date: 3/31/2013
Perf: $1,326.14 Date: 2/28/2013
Perf: $1,278.21 Date: 1/31/2013
Perf: $1,261.06 Date: 12/31/2012
Perf: $1,198.95 Date: 11/30/2012
Perf: $1,188.14 Date: 10/31/2012
Perf: $1,181.29 Date: 9/30/2012
Perf: $1,203.56 Date: 8/31/2012
Perf: $1,173.28 Date: 7/31/2012
Perf: $1,147.47 Date: 6/30/2012
Perf: $1,131.74 Date: 5/31/2012
Perf: $1,086.95 Date: 4/30/2012
Perf: $1,156.46 Date: 3/31/2012
Perf: $1,163.79 Date: 2/29/2012
Perf: $1,126.72 Date: 1/31/2012
Perf: $1,080.06 Date: 12/31/2011
Perf: $1,033.75 Date: 11/30/2011
Perf: $1,023.31 Date: 10/31/2011
Perf: $1,025.57 Date: 9/30/2011
Perf: $924.52 Date: 8/31/2011
Perf: $994.43 Date: 7/31/2011
Perf: $1,051.52 Date: 6/30/2011
Perf: $1,073.31 Date: 5/31/2011
Perf: $1,091.54 Date: 4/30/2011
Perf: $1,104.02 Date: 3/31/2011
Perf: $1,072.28 Date: 2/28/2011
Perf: $1,071.85 Date: 1/31/2011
Perf: $1,036.30 Date: 12/31/2010
Perf: $1,012.31 Date: 11/30/2010
Perf: $948.92 Date: 10/31/2010
Perf: $948.83 Date: 9/30/2010
Perf: $914.00 Date: 8/31/2010
Perf: $839.15 Date: 7/31/2010
Perf: $878.78 Date: 6/30/2010
Perf: $821.22 Date: 5/31/2010
Perf: $866.54 Date: 4/30/2010
Perf: $941.79 Date: 3/31/2010
Perf: $927.14 Date: 2/28/2010
Perf: $874.41 Date: 1/31/2010
Perf: $848.12 Date: 12/31/2009
Perf: $879.79 Date: 11/30/2009
Perf: $863.13 Date: 10/31/2009
Perf: $814.28 Date: 9/30/2009
Perf: $829.71 Date: 8/31/2009
Perf: $799.87 Date: 7/31/2009
Perf: $772.00 Date: 6/30/2009
Perf: $717.74 Date: 5/31/2009
Perf: $716.31 Date: 4/30/2009
Perf: $678.39 Date: 3/31/2009
Perf: $619.14 Date: 2/28/2009
Perf: $569.27 Date: 1/31/2009
Perf: $637.12 Date: 12/31/2008
Perf: $695.78 Date: 11/30/2008
Perf: $688.48 Date: 10/31/2008
Perf: $741.73 Date: 9/30/2008
Perf: $891.40 Date: 8/31/2008
Perf: $978.59 Date: 7/31/2008
Perf: $964.61 Date: 6/30/2008
Perf: $972.78 Date: 5/31/2008
Perf: $1,062.33 Date: 4/30/2008
Perf: $1,048.70 Date: 3/31/2008
Perf: $1,000.00 Date: 11/30/2018
Perf: $1,309.04 Date: 10/31/2018
Perf: $1,312.32 Date: 9/30/2018
Perf: $1,318.26 Date: 8/31/2018
Perf: $1,317.33 Date: 7/31/2018
Perf: $1,318.78 Date: 6/30/2018
Perf: $1,309.88 Date: 5/31/2018
Perf: $1,319.51 Date: 4/30/2018
Perf: $1,310.08 Date: 3/31/2018
Perf: $1,323.98 Date: 2/28/2018
Perf: $1,329.96 Date: 1/31/2018
Perf: $1,325.72 Date: 12/31/2017
Perf: $1,314.81 Date: 11/30/2017
Perf: $1,319.43 Date: 10/31/2017
Perf: $1,311.69 Date: 9/30/2017
Perf: $1,319.21 Date: 8/31/2017
Perf: $1,323.18 Date: 7/31/2017
Perf: $1,318.82 Date: 6/30/2017
Perf: $1,324.12 Date: 5/31/2017
Perf: $1,313.22 Date: 4/30/2017
Perf: $1,320.48 Date: 3/31/2017
Perf: $1,318.24 Date: 2/28/2017
Perf: $1,314.82 Date: 1/31/2017
Perf: $1,311.68 Date: 12/31/2016
Perf: $1,308.01 Date: 11/30/2016
Perf: $1,322.70 Date: 10/31/2016
Perf: $1,317.43 Date: 9/30/2016
Perf: $1,321.65 Date: 8/31/2016
Perf: $1,315.73 Date: 7/31/2016
Perf: $1,310.36 Date: 6/30/2016
Perf: $1,311.02 Date: 5/31/2016
Perf: $1,313.12 Date: 4/30/2016
Perf: $1,312.72 Date: 3/31/2016
Perf: $1,311.81 Date: 2/29/2016
Perf: $1,317.21 Date: 1/31/2016
Perf: $1,313.79 Date: 12/31/2015
Perf: $1,313.40 Date: 11/30/2015
Perf: $1,305.56 Date: 10/31/2015
Perf: $1,314.63 Date: 9/30/2015
Perf: $1,321.77 Date: 8/31/2015
Perf: $1,327.21 Date: 7/31/2015
Perf: $1,325.23 Date: 6/30/2015
Perf: $1,310.55 Date: 5/31/2015
Perf: $1,306.76 Date: 4/30/2015
Perf: $1,304.93 Date: 3/31/2015
Perf: $1,315.19 Date: 2/28/2015
Perf: $1,308.26 Date: 1/31/2015
Perf: $1,317.35 Date: 12/31/2014
Perf: $1,289.62 Date: 11/30/2014
Perf: $1,283.71 Date: 10/31/2014
Perf: $1,280.77 Date: 9/30/2014
Perf: $1,271.99 Date: 8/31/2014
Perf: $1,278.90 Date: 7/31/2014
Perf: $1,265.86 Date: 6/30/2014
Perf: $1,271.58 Date: 5/31/2014
Perf: $1,271.07 Date: 4/30/2014
Perf: $1,269.30 Date: 3/31/2014
Perf: $1,264.99 Date: 2/28/2014
Perf: $1,239.46 Date: 1/31/2014
Perf: $1,251.10 Date: 12/31/2013
Perf: $1,268.86 Date: 11/30/2013
Perf: $1,263.55 Date: 10/31/2013
Perf: $1,269.27 Date: 9/30/2013
Perf: $1,311.09 Date: 8/31/2013
Perf: $1,292.99 Date: 7/31/2013
Perf: $1,268.13 Date: 6/30/2013
Perf: $1,252.72 Date: 5/31/2013
Perf: $1,240.32 Date: 4/30/2013
Perf: $1,259.98 Date: 3/31/2013
Perf: $1,245.40 Date: 2/28/2013
Perf: $1,240.94 Date: 1/31/2013
Perf: $1,212.44 Date: 12/31/2012
Perf: $1,236.68 Date: 11/30/2012
Perf: $1,226.99 Date: 10/31/2012
Perf: $1,219.79 Date: 9/30/2012
Perf: $1,226.17 Date: 8/31/2012
Perf: $1,207.34 Date: 7/31/2012
Perf: $1,196.21 Date: 6/30/2012
Perf: $1,178.76 Date: 5/31/2012
Perf: $1,177.23 Date: 4/30/2012
Perf: $1,152.34 Date: 3/31/2012
Perf: $1,162.81 Date: 2/29/2012
Perf: $1,177.05 Date: 1/31/2012
Perf: $1,166.44 Date: 12/31/2011
Perf: $1,177.03 Date: 11/30/2011
Perf: $1,177.15 Date: 10/31/2011
Perf: $1,177.74 Date: 9/30/2011
Perf: $1,205.09 Date: 8/31/2011
Perf: $1,170.67 Date: 7/31/2011
Perf: $1,166.13 Date: 6/30/2011
Perf: $1,164.85 Date: 5/31/2011
Perf: $1,173.06 Date: 4/30/2011
Perf: $1,179.54 Date: 3/31/2011
Perf: $1,182.97 Date: 2/28/2011
Perf: $1,167.22 Date: 1/31/2011
Perf: $1,153.95 Date: 12/31/2010
Perf: $1,174.02 Date: 11/30/2010
Perf: $1,142.71 Date: 10/31/2010
Perf: $1,130.17 Date: 9/30/2010
Perf: $1,114.34 Date: 8/31/2010
Perf: $1,091.42 Date: 7/31/2010
Perf: $1,086.64 Date: 6/30/2010
Perf: $1,065.44 Date: 5/31/2010
Perf: $1,049.90 Date: 4/30/2010
Perf: $1,057.30 Date: 3/31/2010
Perf: $1,056.56 Date: 2/28/2010
Perf: $1,048.18 Date: 1/31/2010
Perf: $1,052.18 Date: 12/31/2009
Perf: $1,037.04 Date: 11/30/2009
Perf: $1,044.24 Date: 10/31/2009
Perf: $1,045.81 Date: 9/30/2009
Perf: $1,048.22 Date: 8/31/2009
Perf: $1,040.52 Date: 7/31/2009
Perf: $1,049.86 Date: 6/30/2009
Perf: $1,054.93 Date: 5/31/2009
Perf: $1,052.40 Date: 4/30/2009
Perf: $1,028.54 Date: 3/31/2009
Perf: $1,027.51 Date: 2/28/2009
Perf: $1,041.89 Date: 1/31/2009
Perf: $1,044.71 Date: 12/31/2008
Perf: $1,043.15 Date: 11/30/2008
Perf: $1,033.53 Date: 10/31/2008
Perf: $1,040.72 Date: 9/30/2008
Perf: $1,017.52 Date: 8/31/2008
Perf: $1,021.81 Date: 7/31/2008
Perf: $1,010.49 Date: 6/30/2008
Perf: $1,008.37 Date: 5/31/2008
Perf: $997.40 Date: 4/30/2008
Perf: $999.20 Date: 3/31/2008
Perf: $1,000.00
Note: All performance data is since program inception.

Monthly Returns

Date Range: 03/08 - 11/18
Date: 11/30/2018
Return: -0.25 % Date: 10/31/2018
Return: -0.45 % Date: 9/30/2018
Return: 0.07 % Date: 8/31/2018
Return: -0.11 % Date: 7/31/2018
Return: 0.68 % Date: 6/30/2018
Return: -0.73 % Date: 5/31/2018
Return: 0.72 % Date: 4/30/2018
Return: -1.05 % Date: 3/31/2018
Return: -0.45 % Date: 2/28/2018
Return: 0.32 % Date: 1/31/2018
Return: 0.83 % Date: 12/31/2017
Return: -0.35 % Date: 11/30/2017
Return: 0.59 % Date: 10/31/2017
Return: -0.57 % Date: 9/30/2017
Return: -0.30 % Date: 8/31/2017
Return: 0.33 % Date: 7/31/2017
Return: -0.40 % Date: 6/30/2017
Return: 0.83 % Date: 5/31/2017
Return: -0.55 % Date: 4/30/2017
Return: 0.17 % Date: 3/31/2017
Return: 0.26 % Date: 2/28/2017
Return: 0.24 % Date: 1/31/2017
Return: 0.28 % Date: 12/31/2016
Return: -1.11 % Date: 11/30/2016
Return: 0.40 % Date: 10/31/2016
Return: -0.32 % Date: 9/30/2016
Return: 0.45 % Date: 8/31/2016
Return: 0.41 % Date: 7/31/2016
Return: -0.05 % Date: 6/30/2016
Return: -0.16 % Date: 5/31/2016
Return: 0.03 % Date: 4/30/2016
Return: 0.07 % Date: 3/31/2016
Return: -0.41 % Date: 2/29/2016
Return: 0.26 % Date: 1/31/2016
Return: 0.03 % Date: 12/31/2015
Return: 0.60 % Date: 11/30/2015
Return: -0.69 % Date: 10/31/2015
Return: -0.54 % Date: 9/30/2015
Return: -0.41 % Date: 8/31/2015
Return: 0.15 % Date: 7/31/2015
Return: 1.12 % Date: 6/30/2015
Return: 0.29 % Date: 5/31/2015
Return: 0.14 % Date: 4/30/2015
Return: -0.78 % Date: 3/31/2015
Return: 0.53 % Date: 2/28/2015
Return: -0.69 % Date: 1/31/2015
Return: 2.15 % Date: 12/31/2014
Return: 0.46 % Date: 11/30/2014
Return: 0.23 % Date: 10/31/2014
Return: 0.69 % Date: 9/30/2014
Return: -0.54 % Date: 8/31/2014
Return: 1.03 % Date: 7/31/2014
Return: -0.45 % Date: 6/30/2014
Return: 0.04 % Date: 5/31/2014
Return: 0.14 % Date: 4/30/2014
Return: 0.34 % Date: 3/31/2014
Return: 2.06 % Date: 2/28/2014
Return: -0.93 % Date: 1/31/2014
Return: -1.40 % Date: 12/31/2013
Return: 0.42 % Date: 11/30/2013
Return: -0.45 % Date: 10/31/2013
Return: -3.19 % Date: 9/30/2013
Return: 1.40 % Date: 8/31/2013
Return: 1.96 % Date: 7/31/2013
Return: 1.23 % Date: 6/30/2013
Return: 1.00 % Date: 5/31/2013
Return: -1.56 % Date: 4/30/2013
Return: 1.17 % Date: 3/31/2013
Return: 0.36 % Date: 2/28/2013
Return: 2.35 % Date: 1/31/2013
Return: -1.96 % Date: 12/31/2012
Return: 0.79 % Date: 11/30/2012
Return: 0.59 % Date: 10/31/2012
Return: -0.52 % Date: 9/30/2012
Return: 1.56 % Date: 8/31/2012
Return: 0.93 % Date: 7/31/2012
Return: 1.48 % Date: 6/30/2012
Return: 0.13 % Date: 5/31/2012
Return: 2.16 % Date: 4/30/2012
Return: -0.90 % Date: 3/31/2012
Return: -1.21 % Date: 2/29/2012
Return: 0.91 % Date: 1/31/2012
Return: -0.90 % Date: 12/31/2011
Return: -0.01 % Date: 11/30/2011
Return: -0.05 % Date: 10/31/2011
Return: -2.27 % Date: 9/30/2011
Return: 2.94 % Date: 8/31/2011
Return: 0.39 % Date: 7/31/2011
Return: 0.11 % Date: 6/30/2011
Return: -0.70 % Date: 5/31/2011
Return: -0.55 % Date: 4/30/2011
Return: -0.29 % Date: 3/31/2011
Return: 1.35 % Date: 2/28/2011
Return: 1.15 % Date: 1/31/2011
Return: -1.71 % Date: 12/31/2010
Return: 2.74 % Date: 11/30/2010
Return: 1.11 % Date: 10/31/2010
Return: 1.42 % Date: 9/30/2010
Return: 2.10 % Date: 8/31/2010
Return: 0.44 % Date: 7/31/2010
Return: 1.99 % Date: 6/30/2010
Return: 1.48 % Date: 5/31/2010
Return: -0.70 % Date: 4/30/2010
Return: 0.07 % Date: 3/31/2010
Return: 0.80 % Date: 2/28/2010
Return: -0.38 % Date: 1/31/2010
Return: 1.46 % Date: 12/31/2009
Return: -0.69 % Date: 11/30/2009
Return: -0.15 % Date: 10/31/2009
Return: -0.23 % Date: 9/30/2009
Return: 0.74 % Date: 8/31/2009
Return: -0.89 % Date: 7/31/2009
Return: -0.48 % Date: 6/30/2009
Return: 0.24 % Date: 5/31/2009
Return: 2.32 % Date: 4/30/2009
Return: 0.10 % Date: 3/31/2009
Return: -1.38 % Date: 2/28/2009
Return: -0.27 % Date: 1/31/2009
Return: 0.15 % Date: 12/31/2008
Return: 0.93 % Date: 11/30/2008
Return: -0.69 % Date: 10/31/2008
Return: 2.28 % Date: 9/30/2008
Return: -0.42 % Date: 8/31/2008
Return: 1.12 % Date: 7/31/2008
Return: 0.21 % Date: 6/30/2008
Return: 1.10 % Date: 5/31/2008
Return: -0.18 % Date: 4/30/2008
Return: -0.08 % Date: 3/31/2008
Return: 0.00 %
Note: All performance data is since program inception.

Distribution of Monthly Returns

Date Range: 03/08 - 11/18
Return: -3.00 %
Count: 1 Return: -2.00 %
Count: 4 Return: 3.00 %
Count: 2 Return: -1.00 %
Count: 23 Return: 2.00 %
Count: 10 Return: 1.00 %
Count: 30 Return: 0.00 %
Count: 59
Note: All performance data is since program inception.

Underwater Curve

Date Range: 03/08 - 11/18
Date: 11/30/2018
Drawdown: -1.57 % Date: 10/31/2018
Drawdown: -1.33 % Date: 9/30/2018
Drawdown: -0.88 % Date: 8/31/2018
Drawdown: -0.95 % Date: 7/31/2018
Drawdown: -0.84 % Date: 6/30/2018
Drawdown: -1.51 % Date: 5/31/2018
Drawdown: -0.79 % Date: 4/30/2018
Drawdown: -1.50 % Date: 3/31/2018
Drawdown: -0.45 % Date: 2/28/2018
Drawdown: 0.00 % Date: 1/31/2018
Drawdown: -0.11 % Date: 12/31/2017
Drawdown: -0.93 % Date: 11/30/2017
Drawdown: -0.59 % Date: 10/31/2017
Drawdown: -1.17 % Date: 9/30/2017
Drawdown: -0.60 % Date: 8/31/2017
Drawdown: -0.30 % Date: 7/31/2017
Drawdown: -0.63 % Date: 6/30/2017
Drawdown: -0.23 % Date: 5/31/2017
Drawdown: -1.05 % Date: 4/30/2017
Drawdown: -0.51 % Date: 3/31/2017
Drawdown: -0.68 % Date: 2/28/2017
Drawdown: -0.93 % Date: 1/31/2017
Drawdown: -1.17 % Date: 12/31/2016
Drawdown: -1.45 % Date: 11/30/2016
Drawdown: -0.34 % Date: 10/31/2016
Drawdown: -0.74 % Date: 9/30/2016
Drawdown: -0.42 % Date: 8/31/2016
Drawdown: -0.86 % Date: 7/31/2016
Drawdown: -1.27 % Date: 6/30/2016
Drawdown: -1.22 % Date: 5/31/2016
Drawdown: -1.06 % Date: 4/30/2016
Drawdown: -1.09 % Date: 3/31/2016
Drawdown: -1.16 % Date: 2/29/2016
Drawdown: -0.75 % Date: 1/31/2016
Drawdown: -1.01 % Date: 12/31/2015
Drawdown: -1.04 % Date: 11/30/2015
Drawdown: -1.63 % Date: 10/31/2015
Drawdown: -0.95 % Date: 9/30/2015
Drawdown: -0.41 % Date: 8/31/2015
Drawdown: 0.00 % Date: 7/31/2015
Drawdown: 0.00 % Date: 6/30/2015
Drawdown: -0.52 % Date: 5/31/2015
Drawdown: -0.80 % Date: 4/30/2015
Drawdown: -0.94 % Date: 3/31/2015
Drawdown: -0.16 % Date: 2/28/2015
Drawdown: -0.69 % Date: 1/31/2015
Drawdown: 0.00 % Date: 12/31/2014
Drawdown: -1.64 % Date: 11/30/2014
Drawdown: -2.09 % Date: 10/31/2014
Drawdown: -2.31 % Date: 9/30/2014
Drawdown: -2.98 % Date: 8/31/2014
Drawdown: -2.46 % Date: 7/31/2014
Drawdown: -3.45 % Date: 6/30/2014
Drawdown: -3.01 % Date: 5/31/2014
Drawdown: -3.05 % Date: 4/30/2014
Drawdown: -3.19 % Date: 3/31/2014
Drawdown: -3.52 % Date: 2/28/2014
Drawdown: -5.46 % Date: 1/31/2014
Drawdown: -4.58 % Date: 12/31/2013
Drawdown: -3.22 % Date: 11/30/2013
Drawdown: -3.63 % Date: 10/31/2013
Drawdown: -3.19 % Date: 9/30/2013
Drawdown: 0.00 % Date: 8/31/2013
Drawdown: 0.00 % Date: 7/31/2013
Drawdown: 0.00 % Date: 6/30/2013
Drawdown: -0.58 % Date: 5/31/2013
Drawdown: -1.56 % Date: 4/30/2013
Drawdown: 0.00 % Date: 3/31/2013
Drawdown: 0.00 % Date: 2/28/2013
Drawdown: 0.00 % Date: 1/31/2013
Drawdown: -1.96 % Date: 12/31/2012
Drawdown: 0.00 % Date: 11/30/2012
Drawdown: 0.00 % Date: 10/31/2012
Drawdown: -0.52 % Date: 9/30/2012
Drawdown: 0.00 % Date: 8/31/2012
Drawdown: 0.00 % Date: 7/31/2012
Drawdown: -0.74 % Date: 6/30/2012
Drawdown: -2.18 % Date: 5/31/2012
Drawdown: -2.31 % Date: 4/30/2012
Drawdown: -4.38 % Date: 3/31/2012
Drawdown: -3.51 % Date: 2/29/2012
Drawdown: -2.33 % Date: 1/31/2012
Drawdown: -3.21 % Date: 12/31/2011
Drawdown: -2.33 % Date: 11/30/2011
Drawdown: -2.32 % Date: 10/31/2011
Drawdown: -2.27 % Date: 9/30/2011
Drawdown: 0.00 % Date: 8/31/2011
Drawdown: -1.04 % Date: 7/31/2011
Drawdown: -1.42 % Date: 6/30/2011
Drawdown: -1.53 % Date: 5/31/2011
Drawdown: -0.84 % Date: 4/30/2011
Drawdown: -0.29 % Date: 3/31/2011
Drawdown: 0.00 % Date: 2/28/2011
Drawdown: -0.58 % Date: 1/31/2011
Drawdown: -1.71 % Date: 12/31/2010
Drawdown: 0.00 % Date: 11/30/2010
Drawdown: 0.00 % 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: -0.70 % Date: 4/30/2010
Drawdown: 0.00 % Date: 3/31/2010
Drawdown: 0.00 % Date: 2/28/2010
Drawdown: -0.64 % Date: 1/31/2010
Drawdown: -0.26 % Date: 12/31/2009
Drawdown: -1.70 % Date: 11/30/2009
Drawdown: -1.01 % Date: 10/31/2009
Drawdown: -0.86 % Date: 9/30/2009
Drawdown: -0.64 % Date: 8/31/2009
Drawdown: -1.37 % Date: 7/31/2009
Drawdown: -0.48 % Date: 6/30/2009
Drawdown: 0.00 % Date: 5/31/2009
Drawdown: 0.00 % Date: 4/30/2009
Drawdown: -1.55 % Date: 3/31/2009
Drawdown: -1.65 % Date: 2/28/2009
Drawdown: -0.27 % Date: 1/31/2009
Drawdown: 0.00 % Date: 12/31/2008
Drawdown: 0.00 % Date: 11/30/2008
Drawdown: -0.69 % Date: 10/31/2008
Drawdown: 0.00 % Date: 9/30/2008
Drawdown: -0.42 % Date: 8/31/2008
Drawdown: 0.00 % Date: 7/31/2008
Drawdown: 0.00 % Date: 6/30/2008
Drawdown: 0.00 % Date: 5/31/2008
Drawdown: -0.26 % Date: 4/30/2008
Drawdown: -0.08 %
Note: All performance data is since program inception.

Underwater Curve

Manager Information

Manager Name:  NickJen Capital Management & Consultants
Address: 500 Riga Street
City: Staten Island
State: NY
Zip: 10326
Country: United States

Key People

Name:  Nicholas Gentile
Position:  Principal
Biography: 

In 1988, Mr. Gentile began his career in commodities on the trading floor of the Coffee, Sugar and Cocoa Exchange (“CSCE”) working as a phone clerk for B&J Commodities. Mr. Gentile became a member of the CSCE in 1993 and began trading proprietary funds as well as trading client accounts. Nicholas along with his partners formed MP Commodities, a Coffee, Sugar, Cocoa Futures and Options brokerage operation in 1998. His primary responsibility was running the daily operation of the futures trading floor. With the demise of open outcry at the CSCE Nicholas was offered an opportunity to join Atlantic Capital in January 2008 as a Partner and Co Manager of a Commodities only Discretionary Fund. His responsibilities included putting together trading strategies for the discretionary program as well as running all trading and execution for the firm. These strategies included Relative Value, Spreads and Directional Trades consisting mostly of futures contracts with some options. Mr. Gentile maintains extensive contacts in the physical Coffee, Sugar, Cocoa, Grain and Energy industries. His network is comprised of producers, consumers, traders, hedge funds as well as the three main commodity index firms. This in conjunction with his commodity knowledge makes him a cutting edge industry leader.


Name:  Lisa Parrinelli
Position:  Principal
Biography: 

Ms. Parrinelli is a financial industry veteran with 25 years Futures and Foreign Exchange experience. She has held senior positions at several leading global financial institutions. Lisa began her career at Dean Witter working on one of the industry’s largest Managed Futures Trading Desks. After several years of servicing most of the major CTAs, she was recruited by one of the “Original Turtle Traders”, Liz Cheval, to work at EMC Capital Management in Chicago. Working closely with Ms. Cheval, Lisa learned the nuances of trading and quickly became responsible for trading the Currencies, Energies and Metals portion of the portfolio. Upon moving back to New York, Lisa joined an Institutional Sales and Trading Group at Refco. During this time period she was instrumental in successfully growing the sales team and the P & L substantially enough for the CEO of MF Global to take notice and recruit the entire group. Throughout her eight year tenure at MF Global, she directly managed a staff of trading and sales professionals while overseeing the strategy, development and implementation of sales, marketing and training material. Prior to joining NickJen Capital, Ms. Parrinelli was a Senior Vice President at RCG. Lisa is a graduate of New York University.


Name:  Anthony Mascia
Position:  Principal
Biography: 


Additional Information

 Futures Sectors Traded
 Metals Yes 
 Energies Yes 
 Softs Yes 
 Grains Yes 
 Meats Yes 
 Investment Methodology
 Systematic No 
 Discretionary Yes 
 Arbitrage Yes 
 Other Yes 
 Instruments Traded
 Futures Yes 
 Geographical Focus
 United States Yes 
 Europe Yes 
 Holding Period
 Long Term Yes 
 Medium Term Yes 
 Short Term Yes 
 Intra-Week Yes 
 Intra-Day Yes 
 Investment Terms & Information
 Managed Account Minimum: $1,000,000 
 Margin / Equity Ratio: 4% 
 Managed Account Availability: Open