Tradelink Capital LLC

TradeLink Flagship Strategy *QEP*


Monthly Performance (%)

Date Range: 09/14 - 04/19
  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec  YTD 
2019 -0.38 0.82 0.20 0.95   1.59 
2018 1.98 -2.22 -0.46 0.59 -0.35 0.73 -0.71 0.11 -0.63 0.98 -0.45 -0.45  -0.94 
2017 -1.05 -2.55 2.39 -0.03 -0.18 -0.38 -0.66 0.82 -0.40 1.23 -2.85 1.51  -2.26 
2016 2.35 -0.75 -1.78 2.53 -1.82 5.06 1.00 -4.94 -2.29 2.15 1.58 1.59  4.35 
2015 3.34 -0.36 3.17 -1.33 0.54 0.62 2.28 0.00 -2.49 0.49 2.21 -1.84  6.62 
2014 1.03 1.25 2.61  4.96 
Note: Estimates appear in italics. All performance data is since program inception.

Strategy Description

The TradeLink Flagship strategy is an optimized portfolio of the firm’s best ideas. The dynamic allocation process is quantitatively driven and allocates among a diverse group of systematic futures strategies including such themes as momentum, mean reversion, and relative value. The strategies are sourced from the proprietary strategies of the firm and TradeLink Capital LLC advised Funds. The portfolio managers of the Flagship Strategy bring decades of proprietary trading experience in both discretionary and systematic frameworks. TradeLink Flagship strives for principal growth with capital preservation, with a target return of 15% and target volatility of 8%-10%.

Performance Statistics

Date Range: 09/14 - 04/19
  Program S&P 500 Altegris 40 
Total Return 14.88% 61.85% 9.71% 
Annualized Return 3.07% 10.87% 2.00% 
Annualized Std. Deviation 6.18% 11.40% 8.78% 
Correlation -0.08 0.47 
Sharpe Ratio (rf=2.5%) 0.09 0.73 -0.06 
Worst Month -4.94% -9.03% -6.10% 
Date of Worst Month 08/2016 12/2018 02/2018 
Worst Drawdown -7.12% -13.52% -13.63% 
Date of Worst Drawdown 7/16 - 9/16 9/18 - 12/18 3/15 - 1/19 
Note: Estimates appear in italics. All performance data is since program inception.

Annual Performance (%)

Date Range: 09/14 - 04/19

Year or YTD Program S&P 500 Altegris 40 
2019 1.59 18.24 5.17 
2018 -0.94 -4.38 -4.29 
2017 -2.26 21.84 1.24 
2016 4.35 11.98 -3.13 
2015 6.62 1.41 0.09 
2014 4.96 4.93 9.40 
Note: Estimates appear in italics. All performance data is since program inception.

Performance Comparison

Date Range: 09/14 - 04/19
Date: 4/30/2019
Perf: $1,080.95 Date: 3/31/2019
Perf: $1,052.02 Date: 2/28/2019
Perf: $1,015.57 Date: 1/31/2019
Perf: $1,009.11 Date: 12/31/2018
Perf: $1,027.81 Date: 11/30/2018
Perf: $1,023.51 Date: 10/31/2018
Perf: $1,035.95 Date: 9/30/2018
Perf: $1,062.18 Date: 8/31/2018
Perf: $1,066.98 Date: 7/31/2018
Perf: $1,040.45 Date: 6/30/2018
Perf: $1,048.31 Date: 5/31/2018
Perf: $1,039.58 Date: 4/30/2018
Perf: $1,053.17 Date: 3/31/2018
Perf: $1,041.91 Date: 2/28/2018
Perf: $1,042.85 Date: 1/31/2018
Perf: $1,110.60 Date: 12/31/2017
Perf: $1,073.87 Date: 11/30/2017
Perf: $1,062.29 Date: 10/31/2017
Perf: $1,060.92 Date: 9/30/2017
Perf: $1,018.25 Date: 8/31/2017
Perf: $1,040.20 Date: 7/31/2017
Perf: $1,023.21 Date: 6/30/2017
Perf: $1,019.24 Date: 5/31/2017
Perf: $1,049.90 Date: 4/30/2017
Perf: $1,047.90 Date: 3/31/2017
Perf: $1,054.23 Date: 2/28/2017
Perf: $1,069.85 Date: 1/31/2017
Perf: $1,047.02 Date: 12/31/2016
Perf: $1,060.71 Date: 11/30/2016
Perf: $1,052.71 Date: 10/31/2016
Perf: $1,064.42 Date: 9/30/2016
Perf: $1,092.60 Date: 8/31/2016
Perf: $1,106.88 Date: 7/31/2016
Perf: $1,137.48 Date: 6/30/2016
Perf: $1,126.00 Date: 5/31/2016
Perf: $1,080.09 Date: 4/30/2016
Perf: $1,099.33 Date: 3/31/2016
Perf: $1,127.63 Date: 2/29/2016
Perf: $1,160.95 Date: 1/31/2016
Perf: $1,133.08 Date: 12/31/2015
Perf: $1,094.97 Date: 11/30/2015
Perf: $1,120.75 Date: 10/31/2015
Perf: $1,083.79 Date: 9/30/2015
Perf: $1,102.99 Date: 8/31/2015
Perf: $1,079.56 Date: 7/31/2015
Perf: $1,098.57 Date: 6/30/2015
Perf: $1,057.23 Date: 5/31/2015
Perf: $1,115.22 Date: 4/30/2015
Perf: $1,123.31 Date: 3/31/2015
Perf: $1,168.41 Date: 2/28/2015
Perf: $1,143.14 Date: 1/31/2015
Perf: $1,144.98 Date: 12/31/2014
Perf: $1,094.00 Date: 11/30/2014
Perf: $1,075.07 Date: 10/31/2014
Perf: $1,014.70 Date: 9/30/2014
Perf: $1,000.00 Date: 4/30/2019
Perf: $1,641.47 Date: 3/31/2019
Perf: $1,577.58 Date: 2/28/2019
Perf: $1,547.56 Date: 1/31/2019
Perf: $1,499.42 Date: 12/31/2018
Perf: $1,388.23 Date: 11/30/2018
Perf: $1,526.03 Date: 10/31/2018
Perf: $1,495.52 Date: 9/30/2018
Perf: $1,605.32 Date: 8/31/2018
Perf: $1,596.22 Date: 7/31/2018
Perf: $1,545.83 Date: 6/30/2018
Perf: $1,490.39 Date: 5/31/2018
Perf: $1,481.20 Date: 4/30/2018
Perf: $1,446.35 Date: 3/31/2018
Perf: $1,440.87 Date: 2/28/2018
Perf: $1,478.42 Date: 1/31/2018
Perf: $1,535.07 Date: 12/31/2017
Perf: $1,451.88 Date: 11/30/2017
Perf: $1,435.94 Date: 10/31/2017
Perf: $1,393.17 Date: 9/30/2017
Perf: $1,361.45 Date: 8/31/2017
Perf: $1,333.97 Date: 7/31/2017
Perf: $1,329.84 Date: 6/30/2017
Perf: $1,303.00 Date: 5/31/2017
Perf: $1,294.97 Date: 4/30/2017
Perf: $1,276.97 Date: 3/31/2017
Perf: $1,263.95 Date: 2/28/2017
Perf: $1,262.43 Date: 1/31/2017
Perf: $1,214.23 Date: 12/31/2016
Perf: $1,191.59 Date: 11/30/2016
Perf: $1,168.45 Date: 10/31/2016
Perf: $1,126.76 Date: 9/30/2016
Perf: $1,147.65 Date: 8/31/2016
Perf: $1,147.42 Date: 7/31/2016
Perf: $1,145.82 Date: 6/30/2016
Perf: $1,105.04 Date: 5/31/2016
Perf: $1,102.17 Date: 4/30/2016
Perf: $1,082.69 Date: 3/31/2016
Perf: $1,078.48 Date: 2/29/2016
Perf: $1,010.00 Date: 1/31/2016
Perf: $1,011.32 Date: 12/31/2015
Perf: $1,064.10 Date: 11/30/2015
Perf: $1,081.18 Date: 10/31/2015
Perf: $1,077.95 Date: 9/30/2015
Perf: $994.05 Date: 8/31/2015
Perf: $1,019.22 Date: 7/31/2015
Perf: $1,084.63 Date: 6/30/2015
Perf: $1,062.32 Date: 5/31/2015
Perf: $1,083.33 Date: 4/30/2015
Perf: $1,069.54 Date: 3/31/2015
Perf: $1,059.37 Date: 2/28/2015
Perf: $1,076.37 Date: 1/31/2015
Perf: $1,017.85 Date: 12/31/2014
Perf: $1,049.33 Date: 11/30/2014
Perf: $1,051.96 Date: 10/31/2014
Perf: $1,024.40 Date: 9/30/2014
Perf: $1,000.00 Date: 4/30/2019
Perf: $1,148.77 Date: 3/31/2019
Perf: $1,137.96 Date: 2/28/2019
Perf: $1,135.69 Date: 1/31/2019
Perf: $1,126.45 Date: 12/31/2018
Perf: $1,130.75 Date: 11/30/2018
Perf: $1,135.86 Date: 10/31/2018
Perf: $1,140.99 Date: 9/30/2018
Perf: $1,129.92 Date: 8/31/2018
Perf: $1,137.08 Date: 7/31/2018
Perf: $1,135.83 Date: 6/30/2018
Perf: $1,143.95 Date: 5/31/2018
Perf: $1,135.66 Date: 4/30/2018
Perf: $1,139.65 Date: 3/31/2018
Perf: $1,132.97 Date: 2/28/2018
Perf: $1,138.20 Date: 1/31/2018
Perf: $1,164.05 Date: 12/31/2017
Perf: $1,141.45 Date: 11/30/2017
Perf: $1,124.47 Date: 10/31/2017
Perf: $1,157.45 Date: 9/30/2017
Perf: $1,143.39 Date: 8/31/2017
Perf: $1,147.98 Date: 7/31/2017
Perf: $1,138.64 Date: 6/30/2017
Perf: $1,146.21 Date: 5/31/2017
Perf: $1,150.58 Date: 4/30/2017
Perf: $1,152.66 Date: 3/31/2017
Perf: $1,153.00 Date: 2/28/2017
Perf: $1,126.09 Date: 1/31/2017
Perf: $1,155.56 Date: 12/31/2016
Perf: $1,167.82 Date: 11/30/2016
Perf: $1,149.54 Date: 10/31/2016
Perf: $1,131.66 Date: 9/30/2016
Perf: $1,107.84 Date: 8/31/2016
Perf: $1,133.81 Date: 7/31/2016
Perf: $1,192.73 Date: 6/30/2016
Perf: $1,180.92 Date: 5/31/2016
Perf: $1,124.04 Date: 4/30/2016
Perf: $1,144.88 Date: 3/31/2016
Perf: $1,116.63 Date: 2/29/2016
Perf: $1,136.86 Date: 1/31/2016
Perf: $1,145.45 Date: 12/31/2015
Perf: $1,119.15 Date: 11/30/2015
Perf: $1,140.13 Date: 10/31/2015
Perf: $1,115.48 Date: 9/30/2015
Perf: $1,110.04 Date: 8/31/2015
Perf: $1,138.39 Date: 7/31/2015
Perf: $1,138.39 Date: 6/30/2015
Perf: $1,113.01 Date: 5/31/2015
Perf: $1,106.15 Date: 4/30/2015
Perf: $1,100.21 Date: 3/31/2015
Perf: $1,115.04 Date: 2/28/2015
Perf: $1,080.78 Date: 1/31/2015
Perf: $1,084.68 Date: 12/31/2014
Perf: $1,049.63 Date: 11/30/2014
Perf: $1,022.93 Date: 10/31/2014
Perf: $1,010.30 Date: 9/30/2014
Perf: $1,000.00
Note: All performance data is since program inception.

Monthly Returns

Date Range: 09/14 - 04/19
Date: 4/30/2019
Return: 0.95 % Date: 3/31/2019
Return: 0.20 % Date: 2/28/2019
Return: 0.82 % Date: 1/31/2019
Return: -0.38 % Date: 12/31/2018
Return: -0.45 % Date: 11/30/2018
Return: -0.45 % Date: 10/31/2018
Return: 0.98 % Date: 9/30/2018
Return: -0.63 % Date: 8/31/2018
Return: 0.11 % Date: 7/31/2018
Return: -0.71 % Date: 6/30/2018
Return: 0.73 % Date: 5/31/2018
Return: -0.35 % Date: 4/30/2018
Return: 0.59 % Date: 3/31/2018
Return: -0.46 % Date: 2/28/2018
Return: -2.22 % Date: 1/31/2018
Return: 1.98 % Date: 12/31/2017
Return: 1.51 % Date: 11/30/2017
Return: -2.85 % Date: 10/31/2017
Return: 1.23 % Date: 9/30/2017
Return: -0.40 % Date: 8/31/2017
Return: 0.82 % Date: 7/31/2017
Return: -0.66 % Date: 6/30/2017
Return: -0.38 % Date: 5/31/2017
Return: -0.18 % Date: 4/30/2017
Return: -0.03 % Date: 3/31/2017
Return: 2.39 % Date: 2/28/2017
Return: -2.55 % Date: 1/31/2017
Return: -1.05 % Date: 12/31/2016
Return: 1.59 % Date: 11/30/2016
Return: 1.58 % Date: 10/31/2016
Return: 2.15 % Date: 9/30/2016
Return: -2.29 % Date: 8/31/2016
Return: -4.94 % Date: 7/31/2016
Return: 1.00 % Date: 6/30/2016
Return: 5.06 % Date: 5/31/2016
Return: -1.82 % Date: 4/30/2016
Return: 2.53 % Date: 3/31/2016
Return: -1.78 % Date: 2/29/2016
Return: -0.75 % Date: 1/31/2016
Return: 2.35 % Date: 12/31/2015
Return: -1.84 % Date: 11/30/2015
Return: 2.21 % Date: 10/31/2015
Return: 0.49 % Date: 9/30/2015
Return: -2.49 % Date: 8/31/2015
Return: 0.00 % Date: 7/31/2015
Return: 2.28 % Date: 6/30/2015
Return: 0.62 % Date: 5/31/2015
Return: 0.54 % Date: 4/30/2015
Return: -1.33 % Date: 3/31/2015
Return: 3.17 % Date: 2/28/2015
Return: -0.36 % Date: 1/31/2015
Return: 3.34 % Date: 12/31/2014
Return: 2.61 % Date: 11/30/2014
Return: 1.25 % Date: 10/31/2014
Return: 1.03 % Date: 9/30/2014
Return: 0.00 %
Note: All performance data is since program inception.

Distribution of Monthly Returns

Date Range: 09/14 - 04/19
Return: -3.00 %
Count: 2 Return: -5.00 %
Count: 1 Return: 5.00 %
Count: 1 Return: -2.00 %
Count: 6 Return: 2.00 %
Count: 9 Return: -1.00 %
Count: 6 Return: 3.00 %
Count: 4 Return: 1.00 %
Count: 12 Return: 0.00 %
Count: 15
Note: All performance data is since program inception.

Underwater Curve

Date Range: 09/14 - 04/19
Date: 4/30/2019
Drawdown: -3.69 % Date: 3/31/2019
Drawdown: -4.59 % Date: 2/28/2019
Drawdown: -4.78 % Date: 1/31/2019
Drawdown: -5.56 % Date: 12/31/2018
Drawdown: -5.20 % Date: 11/30/2018
Drawdown: -4.77 % Date: 10/31/2018
Drawdown: -4.34 % Date: 9/30/2018
Drawdown: -5.27 % Date: 8/31/2018
Drawdown: -4.67 % Date: 7/31/2018
Drawdown: -4.77 % Date: 6/30/2018
Drawdown: -4.09 % Date: 5/31/2018
Drawdown: -4.78 % Date: 4/30/2018
Drawdown: -4.45 % Date: 3/31/2018
Drawdown: -5.01 % Date: 2/28/2018
Drawdown: -4.57 % Date: 1/31/2018
Drawdown: -2.40 % Date: 12/31/2017
Drawdown: -4.30 % Date: 11/30/2017
Drawdown: -5.72 % Date: 10/31/2017
Drawdown: -2.96 % Date: 9/30/2017
Drawdown: -4.14 % Date: 8/31/2017
Drawdown: -3.75 % Date: 7/31/2017
Drawdown: -4.53 % Date: 6/30/2017
Drawdown: -3.90 % Date: 5/31/2017
Drawdown: -3.53 % Date: 4/30/2017
Drawdown: -3.36 % Date: 3/31/2017
Drawdown: -3.33 % Date: 2/28/2017
Drawdown: -5.59 % Date: 1/31/2017
Drawdown: -3.12 % Date: 12/31/2016
Drawdown: -2.09 % Date: 11/30/2016
Drawdown: -3.62 % Date: 10/31/2016
Drawdown: -5.12 % Date: 9/30/2016
Drawdown: -7.12 % Date: 8/31/2016
Drawdown: -4.94 % Date: 7/31/2016
Drawdown: 0.00 % Date: 6/30/2016
Drawdown: 0.00 % Date: 5/31/2016
Drawdown: -1.87 % Date: 4/30/2016
Drawdown: -0.05 % Date: 3/31/2016
Drawdown: -2.52 % Date: 2/29/2016
Drawdown: -0.75 % Date: 1/31/2016
Drawdown: 0.00 % Date: 12/31/2015
Drawdown: -1.84 % Date: 11/30/2015
Drawdown: 0.00 % Date: 10/31/2015
Drawdown: -2.01 % Date: 9/30/2015
Drawdown: -2.49 % Date: 8/31/2015
Drawdown: 0.00 % Date: 7/31/2015
Drawdown: 0.00 % Date: 6/30/2015
Drawdown: -0.18 % Date: 5/31/2015
Drawdown: -0.80 % Date: 4/30/2015
Drawdown: -1.33 % Date: 3/31/2015
Drawdown: 0.00 % Date: 2/28/2015
Drawdown: -0.36 % 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: 0.00 %
Note: All performance data is since program inception.

Underwater Curve

Manager Information

Manager Name:  Tradelink Capital LLC
Address: 71 South Wacker Suite 1900
City: Chicago
State: IL
Zip: 1900
Country: USA

Key People

Name:  Alejandro Brockmann
Position:  Portfolio Manager
Biography: 

? 20 years of trading experience ? Joined from Citadel Investment Group where he built an Emerging Markets Macro Trading group ? Prior to Citadel, spent 12 years at various financial institutions, first as a fixed income derivatives trader managing books in options, credit derivatives, and structured credit, and then managing regional trading businesses for Deutsche Bank in New York & Singapore ? MS in Physics and MBA in Finance from Rensselaer Polytechnic Institute ? Mr. Brockmann led the effort to reformulate the TIP strategy, culminating in a "new launch" in February of 2013


Additional Information

 Futures Sectors Traded
 Investment Methodology
 Systematic Yes 
 Diversified Yes 
 Mean-reversion Yes 
 Other Yes 
 Instruments Traded
 Futures Yes 
 Geographical Focus
 Global Yes 
 Holding Period
 Investment Terms & Information
 Managed Account Minimum:  
 Margin / Equity Ratio:  
 Managed Account Availability: Open