Altis Partners (Jersey) Limited

Altis Global Trend Portfolio *Pro Forma*


Monthly Performance (%)

Date Range: 06/14 - 11/18
  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec  YTD 
2018 8.71 -15.83 -2.93 -0.95 0.46 0.11 -2.92 2.67 -1.68 -9.18 -4.60   -24.88 
2017 -7.89 3.39 -5.18 -0.36 -0.03 -5.03 -1.01 1.85 -6.05 8.22 -1.21 0.73  -12.86 
2016 4.48 5.53 -14.30 -5.75 -7.99 10.84 1.57 -7.92 -0.21 -4.43 -0.46 2.59  -17.27 
2015 13.83 -0.77 2.71 -8.02 1.06 -5.94 7.73 -0.97 2.52 -8.35 10.16 -2.18  9.57 
2014 0.93 6.66 2.89 -7.29 8.38 5.99  17.96 
Note: Estimates appear in italics. All performance data is since program inception.

Strategy Description

Performance Statistics

Date Range: 06/14 - 11/18
  Program S&P 500 Altegris 40 
Total Return -30.01% 57.52% 8.33% 
Annualized Return -7.76% 10.62% 1.79% 
Annualized Std. Deviation 21.30% 10.08% 8.89% 
Correlation 0.00 0.88 
Sharpe Ratio (rf=2.5%) -0.48 0.81 -0.08 
Worst Month -15.83% -6.84% -6.10% 
Date of Worst Month 02/2018 10/2018 02/2018 
Worst Drawdown -50.88% -8.35% -12.85% 
Date of Worst Drawdown 2/16 - 11/18 7/15 - 9/15 3/15 - 9/17 
Note: Estimates appear in italics. All performance data is since program inception.

Annual Performance (%)

Date Range: 06/14 - 11/18

Year or YTD Program S&P 500 Altegris 40 
2018 -24.88 5.11 -4.69 
2017 -12.86 21.84 1.24 
2016 -17.27 11.98 -3.13 
2015 9.57 1.41 0.09 
2014 17.96 6.12 14.80 
Note: Estimates appear in italics. All performance data is since program inception.

Performance Comparison

Date Range: 06/14 - 11/18
Date: 11/30/2018
Perf: $1,074.04 Date: 10/31/2018
Perf: $1,087.09 Date: 9/30/2018
Perf: $1,114.62 Date: 8/31/2018
Perf: $1,119.66 Date: 7/31/2018
Perf: $1,091.82 Date: 6/30/2018
Perf: $1,100.07 Date: 5/31/2018
Perf: $1,090.90 Date: 4/30/2018
Perf: $1,105.16 Date: 3/31/2018
Perf: $1,093.35 Date: 2/28/2018
Perf: $1,094.34 Date: 1/31/2018
Perf: $1,165.43 Date: 12/31/2017
Perf: $1,126.89 Date: 11/30/2017
Perf: $1,114.74 Date: 10/31/2017
Perf: $1,113.29 Date: 9/30/2017
Perf: $1,068.52 Date: 8/31/2017
Perf: $1,091.55 Date: 7/31/2017
Perf: $1,073.73 Date: 6/30/2017
Perf: $1,069.56 Date: 5/31/2017
Perf: $1,101.73 Date: 4/30/2017
Perf: $1,099.64 Date: 3/31/2017
Perf: $1,106.27 Date: 2/28/2017
Perf: $1,122.67 Date: 1/31/2017
Perf: $1,098.71 Date: 12/31/2016
Perf: $1,113.07 Date: 11/30/2016
Perf: $1,104.68 Date: 10/31/2016
Perf: $1,116.96 Date: 9/30/2016
Perf: $1,146.54 Date: 8/31/2016
Perf: $1,161.53 Date: 7/31/2016
Perf: $1,193.64 Date: 6/30/2016
Perf: $1,181.58 Date: 5/31/2016
Perf: $1,133.41 Date: 4/30/2016
Perf: $1,153.60 Date: 3/31/2016
Perf: $1,183.30 Date: 2/29/2016
Perf: $1,218.27 Date: 1/31/2016
Perf: $1,189.02 Date: 12/31/2015
Perf: $1,149.03 Date: 11/30/2015
Perf: $1,176.08 Date: 10/31/2015
Perf: $1,137.30 Date: 9/30/2015
Perf: $1,157.44 Date: 8/31/2015
Perf: $1,132.86 Date: 7/31/2015
Perf: $1,152.80 Date: 6/30/2015
Perf: $1,109.42 Date: 5/31/2015
Perf: $1,170.28 Date: 4/30/2015
Perf: $1,178.76 Date: 3/31/2015
Perf: $1,226.09 Date: 2/28/2015
Perf: $1,199.58 Date: 1/31/2015
Perf: $1,201.50 Date: 12/31/2014
Perf: $1,148.00 Date: 11/30/2014
Perf: $1,128.15 Date: 10/31/2014
Perf: $1,064.79 Date: 9/30/2014
Perf: $1,049.37 Date: 8/31/2014
Perf: $1,033.96 Date: 7/31/2014
Perf: $992.00 Date: 6/30/2014
Perf: $1,000.00 Date: 11/30/2018
Perf: $1,543.26 Date: 10/31/2018
Perf: $1,512.40 Date: 9/30/2018
Perf: $1,623.45 Date: 8/31/2018
Perf: $1,614.24 Date: 7/31/2018
Perf: $1,563.28 Date: 6/30/2018
Perf: $1,507.21 Date: 5/31/2018
Perf: $1,497.93 Date: 4/30/2018
Perf: $1,462.68 Date: 3/31/2018
Perf: $1,457.14 Date: 2/28/2018
Perf: $1,495.11 Date: 1/31/2018
Perf: $1,552.40 Date: 12/31/2017
Perf: $1,468.27 Date: 11/30/2017
Perf: $1,452.15 Date: 10/31/2017
Perf: $1,408.89 Date: 9/30/2017
Perf: $1,376.81 Date: 8/31/2017
Perf: $1,349.02 Date: 7/31/2017
Perf: $1,344.86 Date: 6/30/2017
Perf: $1,317.71 Date: 5/31/2017
Perf: $1,309.59 Date: 4/30/2017
Perf: $1,291.38 Date: 3/31/2017
Perf: $1,278.22 Date: 2/28/2017
Perf: $1,276.69 Date: 1/31/2017
Perf: $1,227.94 Date: 12/31/2016
Perf: $1,205.04 Date: 11/30/2016
Perf: $1,181.64 Date: 10/31/2016
Perf: $1,139.48 Date: 9/30/2016
Perf: $1,160.61 Date: 8/31/2016
Perf: $1,160.37 Date: 7/31/2016
Perf: $1,158.75 Date: 6/30/2016
Perf: $1,117.52 Date: 5/31/2016
Perf: $1,114.62 Date: 4/30/2016
Perf: $1,094.91 Date: 3/31/2016
Perf: $1,090.66 Date: 2/29/2016
Perf: $1,021.40 Date: 1/31/2016
Perf: $1,022.73 Date: 12/31/2015
Perf: $1,076.11 Date: 11/30/2015
Perf: $1,093.38 Date: 10/31/2015
Perf: $1,090.11 Date: 9/30/2015
Perf: $1,005.27 Date: 8/31/2015
Perf: $1,030.73 Date: 7/31/2015
Perf: $1,096.87 Date: 6/30/2015
Perf: $1,074.31 Date: 5/31/2015
Perf: $1,095.56 Date: 4/30/2015
Perf: $1,081.61 Date: 3/31/2015
Perf: $1,071.33 Date: 2/28/2015
Perf: $1,088.52 Date: 1/31/2015
Perf: $1,029.34 Date: 12/31/2014
Perf: $1,061.17 Date: 11/30/2014
Perf: $1,063.83 Date: 10/31/2014
Perf: $1,035.96 Date: 9/30/2014
Perf: $1,011.29 Date: 8/31/2014
Perf: $1,025.65 Date: 7/31/2014
Perf: $986.20 Date: 6/30/2014
Perf: $1,000.00 Date: 11/30/2018
Perf: $699.93 Date: 10/31/2018
Perf: $733.68 Date: 9/30/2018
Perf: $807.83 Date: 8/31/2018
Perf: $821.64 Date: 7/31/2018
Perf: $800.27 Date: 6/30/2018
Perf: $824.34 Date: 5/31/2018
Perf: $823.44 Date: 4/30/2018
Perf: $819.67 Date: 3/31/2018
Perf: $827.53 Date: 2/28/2018
Perf: $852.51 Date: 1/31/2018
Perf: $1,012.84 Date: 12/31/2017
Perf: $931.69 Date: 11/30/2017
Perf: $924.94 Date: 10/31/2017
Perf: $936.26 Date: 9/30/2017
Perf: $865.15 Date: 8/31/2017
Perf: $920.86 Date: 7/31/2017
Perf: $904.13 Date: 6/30/2017
Perf: $913.36 Date: 5/31/2017
Perf: $961.74 Date: 4/30/2017
Perf: $962.02 Date: 3/31/2017
Perf: $965.50 Date: 2/28/2017
Perf: $1,018.24 Date: 1/31/2017
Perf: $984.86 Date: 12/31/2016
Perf: $1,069.22 Date: 11/30/2016
Perf: $1,042.23 Date: 10/31/2016
Perf: $1,047.04 Date: 9/30/2016
Perf: $1,095.58 Date: 8/31/2016
Perf: $1,097.88 Date: 7/31/2016
Perf: $1,192.31 Date: 6/30/2016
Perf: $1,173.88 Date: 5/31/2016
Perf: $1,059.08 Date: 4/30/2016
Perf: $1,151.05 Date: 3/31/2016
Perf: $1,221.27 Date: 2/29/2016
Perf: $1,425.05 Date: 1/31/2016
Perf: $1,350.38 Date: 12/31/2015
Perf: $1,292.47 Date: 11/30/2015
Perf: $1,321.28 Date: 10/31/2015
Perf: $1,199.42 Date: 9/30/2015
Perf: $1,308.69 Date: 8/31/2015
Perf: $1,276.52 Date: 7/31/2015
Perf: $1,289.03 Date: 6/30/2015
Perf: $1,196.54 Date: 5/31/2015
Perf: $1,272.10 Date: 4/30/2015
Perf: $1,258.76 Date: 3/31/2015
Perf: $1,368.51 Date: 2/28/2015
Perf: $1,332.40 Date: 1/31/2015
Perf: $1,342.74 Date: 12/31/2014
Perf: $1,179.60 Date: 11/30/2014
Perf: $1,112.94 Date: 10/31/2014
Perf: $1,026.88 Date: 9/30/2014
Perf: $1,107.63 Date: 8/31/2014
Perf: $1,076.52 Date: 7/31/2014
Perf: $1,009.30 Date: 6/30/2014
Perf: $1,000.00
Note: All performance data is since program inception.

Monthly Returns

Date Range: 06/14 - 11/18
Date: 11/30/2018
Return: -4.60 % Date: 10/31/2018
Return: -9.18 % Date: 9/30/2018
Return: -1.68 % Date: 8/31/2018
Return: 2.67 % Date: 7/31/2018
Return: -2.92 % Date: 6/30/2018
Return: 0.11 % Date: 5/31/2018
Return: 0.46 % Date: 4/30/2018
Return: -0.95 % Date: 3/31/2018
Return: -2.93 % Date: 2/28/2018
Return: -15.83 % Date: 1/31/2018
Return: 8.71 % Date: 12/31/2017
Return: 0.73 % Date: 11/30/2017
Return: -1.21 % Date: 10/31/2017
Return: 8.22 % Date: 9/30/2017
Return: -6.05 % Date: 8/31/2017
Return: 1.85 % Date: 7/31/2017
Return: -1.01 % Date: 6/30/2017
Return: -5.03 % Date: 5/31/2017
Return: -0.03 % Date: 4/30/2017
Return: -0.36 % Date: 3/31/2017
Return: -5.18 % Date: 2/28/2017
Return: 3.39 % Date: 1/31/2017
Return: -7.89 % Date: 12/31/2016
Return: 2.59 % Date: 11/30/2016
Return: -0.46 % Date: 10/31/2016
Return: -4.43 % Date: 9/30/2016
Return: -0.21 % Date: 8/31/2016
Return: -7.92 % Date: 7/31/2016
Return: 1.57 % Date: 6/30/2016
Return: 10.84 % Date: 5/31/2016
Return: -7.99 % Date: 4/30/2016
Return: -5.75 % Date: 3/31/2016
Return: -14.30 % Date: 2/29/2016
Return: 5.53 % Date: 1/31/2016
Return: 4.48 % Date: 12/31/2015
Return: -2.18 % Date: 11/30/2015
Return: 10.16 % Date: 10/31/2015
Return: -8.35 % Date: 9/30/2015
Return: 2.52 % Date: 8/31/2015
Return: -0.97 % Date: 7/31/2015
Return: 7.73 % Date: 6/30/2015
Return: -5.94 % Date: 5/31/2015
Return: 1.06 % Date: 4/30/2015
Return: -8.02 % Date: 3/31/2015
Return: 2.71 % Date: 2/28/2015
Return: -0.77 % Date: 1/31/2015
Return: 13.83 % Date: 12/31/2014
Return: 5.99 % Date: 11/30/2014
Return: 8.38 % Date: 10/31/2014
Return: -7.29 % Date: 9/30/2014
Return: 2.89 % Date: 8/31/2014
Return: 6.66 % Date: 7/31/2014
Return: 0.93 % Date: 6/30/2014
Return: 0.00 %
Note: All performance data is since program inception.

Distribution of Monthly Returns

Date Range: 06/14 - 11/18
Return: -9.00 %
Count: 1 Return: -3.00 %
Count: 2 Return: -16.00 %
Count: 1 Return: 9.00 %
Count: 1 Return: -5.00 %
Count: 3 Return: -4.00 %
Count: 1 Return: 2.00 %
Count: 2 Return: 11.00 %
Count: 1 Return: -14.00 %
Count: 1 Return: 4.00 %
Count: 1 Return: -2.00 %
Count: 2 Return: 10.00 %
Count: 1 Return: -6.00 %
Count: 3 Return: -8.00 %
Count: 5 Return: -1.00 %
Count: 5 Return: 14.00 %
Count: 1 Return: 6.00 %
Count: 2 Return: 8.00 %
Count: 3 Return: -7.00 %
Count: 1 Return: 3.00 %
Count: 6 Return: 7.00 %
Count: 1 Return: 1.00 %
Count: 3 Return: 0.00 %
Count: 7
Note: All performance data is since program inception.

Underwater Curve

Date Range: 06/14 - 11/18
Date: 11/30/2018
Drawdown: -50.88 % Date: 10/31/2018
Drawdown: -48.52 % Date: 9/30/2018
Drawdown: -43.31 % Date: 8/31/2018
Drawdown: -42.34 % Date: 7/31/2018
Drawdown: -43.84 % Date: 6/30/2018
Drawdown: -42.15 % Date: 5/31/2018
Drawdown: -42.22 % Date: 4/30/2018
Drawdown: -42.48 % Date: 3/31/2018
Drawdown: -41.93 % Date: 2/28/2018
Drawdown: -40.18 % Date: 1/31/2018
Drawdown: -28.93 % Date: 12/31/2017
Drawdown: -34.62 % Date: 11/30/2017
Drawdown: -35.09 % Date: 10/31/2017
Drawdown: -34.30 % Date: 9/30/2017
Drawdown: -39.29 % Date: 8/31/2017
Drawdown: -35.38 % Date: 7/31/2017
Drawdown: -36.55 % Date: 6/30/2017
Drawdown: -35.91 % Date: 5/31/2017
Drawdown: -32.51 % Date: 4/30/2017
Drawdown: -32.49 % Date: 3/31/2017
Drawdown: -32.25 % Date: 2/28/2017
Drawdown: -28.55 % Date: 1/31/2017
Drawdown: -30.89 % Date: 12/31/2016
Drawdown: -24.97 % Date: 11/30/2016
Drawdown: -26.86 % Date: 10/31/2016
Drawdown: -26.53 % Date: 9/30/2016
Drawdown: -23.12 % Date: 8/31/2016
Drawdown: -22.96 % Date: 7/31/2016
Drawdown: -16.33 % Date: 6/30/2016
Drawdown: -17.63 % Date: 5/31/2016
Drawdown: -25.68 % Date: 4/30/2016
Drawdown: -19.23 % Date: 3/31/2016
Drawdown: -14.30 % Date: 2/29/2016
Drawdown: 0.00 % Date: 1/31/2016
Drawdown: -1.33 % Date: 12/31/2015
Drawdown: -5.56 % Date: 11/30/2015
Drawdown: -3.45 % Date: 10/31/2015
Drawdown: -12.36 % Date: 9/30/2015
Drawdown: -4.37 % Date: 8/31/2015
Drawdown: -6.72 % Date: 7/31/2015
Drawdown: -5.81 % Date: 6/30/2015
Drawdown: -12.57 % Date: 5/31/2015
Drawdown: -7.05 % Date: 4/30/2015
Drawdown: -8.02 % Date: 3/31/2015
Drawdown: 0.00 % Date: 2/28/2015
Drawdown: -0.77 % Date: 1/31/2015
Drawdown: 0.00 % Date: 12/31/2014
Drawdown: 0.00 % Date: 11/30/2014
Drawdown: 0.00 % Date: 10/31/2014
Drawdown: -7.29 % Date: 9/30/2014
Drawdown: 0.00 % Date: 8/31/2014
Drawdown: 0.00 % Date: 7/31/2014
Drawdown: 0.00 %
Note: All performance data is since program inception.

Underwater Curve

Manager Information

Manager Name:  Altis Partners (Jersey) Limited
Address: 2 HILL STREET
City: St. Helier, Jersey
State:
Zip: JE2 4UA
Country: Channel Islands

Key People

Name:  Zbigniew Hermaszewski
Position:  Principal
Biography: 

Zbigniew Hermaszewski (Zbys) has over 27 years of experience within the financial industry. He has been registered with the CFTC as an associated person of Altis Partners (Jersey) Limited since September 21, 2005 and listed as a principal of Altis Partners (Jersey) Limited since August 25, 2005. In February 2000 he formed Altis Partners Limited, and worked there until the formation of Altis Partners (Jersey) Limited in March 2005. Between November 1999 and February 2000 he was self employed. From January 1998 to November 1999 Zbys was a Director of Research at Quality Capital Management a systematic CTA, where he was responsible for research and technology, system design and implementation. From April 1997 to December 1997, he worked on the development of the trading system now utilized by Altis. From March 1994 to March 1997 he worked for London based global asset management firm Sabre Fund Management as Director of Research, researching Sabre’s proprietary systems and product construction. From January 1994 to March 1994 he was not employed. During 1993 (May to December) he was employed as a Senior Researcher at the London based investment management firm Adam Harding & Lueck, responsible for portfolio construction, trading system research and implementation. From November 1992 until April 1993 he was not employed. From October 1989 to October 1992 he was a Director at the Union Bank of Switzerland, here he was involved in OTC equity option markets and trading as well as experiencing risk and position management. Zbys was an Account Executive at the London based trading company James Capel & Co from July 1985 to July 1989 where he traded financial futures and options, and from December 1982 to June 1985 he was an analyst at the specialist energies and metals research and consultancy firm Wood Mackenzie & Co, modelling interest rate futures and options against underlying markets. Zbys is a Physics graduate of Imperial College, London.


Name:  Stephen Hedgecock
Position:  Principal
Biography: 

Stephen Hedgecock has extensive experience within the financial industry in implementing automated investment management systems, trading and client development. He has been registered with the CFTC as an associated person of Altis Partners (Jersey) Limited since September 21, 2005 and listed as a principal of Altis Partners (Jersey) Limited since August 25, 2005. In February 2000 he formed Altis Partners Limited, he worked here until the formation of Altis Partners (Jersey) Limited in March 2005. Between December 1999 and February 2000 he was self employed. From September 1995 to November 1999, Stephen was employed by Quality Capital Management a systematic CTA, starting as Director of Trading and then serving as an Executive Director with responsibilities in the daily management of the company, including the supervision of all trading activity. From October 1991 to August 1995 he was employed by London based global asset management firm Sabre Fund Management and held the position of Chief Dealer, progressing to Executive Director, at Sabre he managed a team trading over 90 different commodity and financial instruments in cash, forward, futures and options markets.


Name:  Alex Brunwin
Position:  Principal
Biography: 

Alex Brunwin has experience within the financial industry through both contracting and permanent positions in technology based roles, specialising in the project management of front and middle office trading and deal capture systems. He has been registered with the CFTC as an associated person of Altis Partners (Jersey) Limited since September 21, 2005 and listed as a principal of Altis Partners (Jersey) Limited since August 25, 2005. In February 2000 he formed Altis Partners Limited, he worked here until the formation of Altis Partners (Jersey) Limited in March 2005. From February 1996 to October 2000 he owned and ran his private consultancy business APB Consulting Ltd, during this time he expanded and developed systems, most notably in risk management in Capital Markets, foreign exchange rate interfaces, deal capture and commission databases. He worked as a contractor during this time for clients such as Banque Paribas, Morgan Stanley Dean Witter, SBC Warburg Dillon Reed and Link Asset & Securities Ltd.


Name:  Natasha Reeve-Gray
Position:  Principal
Biography: 

Natasha Reeve-Gray has 16 years of experience in the alternative investment industry, ranging from trading operations to institutional sales and client liaison. She has been registered with the CFTC as an associated person of Altis Partners (Jersey) Limited since September 21, 2005 and listed as a principal of Altis Partners (Jersey) Limited since August 25, 2005. In February 2000 she formed Altis Partners Limited, she worked here until the formation of Altis Partners (Jersey) Limited in March 2005. Between December 1999 and February 2000 she was self employed. During April 1997 to November 1999 she worked for systematic CTA Quality Capital Management as a trader, sharing responsibilities with the Executive Director for all trading activity and implementation. Prior to this Natasha worked as a middle office manager and broker for commodity and futures broker firm Refco Overseas and Refco Inc between September 1995 and April 1997. From March 1994 to September 1995 she held a marketing role at the UK based broker Glynwed Metal Services, where she managed and organised all sales administration and group inventory. Natasha has completed three professionally recognised modules via the Chartered Institute of Marketing.


Additional Information

 Futures Sectors Traded
 Stock Indexes Yes 
 Interest Rates Yes 
 Currencies Yes 
 Metals Yes 
 Energies Yes 
 Softs Yes 
 Grains Yes 
 Investment Methodology
 Trend Following Yes 
 Systematic Yes 
 Instruments Traded
 Futures Yes 
 Geographical Focus
 Global Yes 
 Holding Period
 Investment Terms & Information
 Managed Account Minimum: $5,000,000 
 Margin / Equity Ratio:  
 Managed Account Availability: Open