White Indian Trading Company Limited

Alternative Hedge Program


Monthly Performance (%)

Date Range: 12/12 - 07/18
  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec  YTD 
2018 -1.46 -5.64 -0.79 2.58 -0.08 2.88 -1.15   -3.84 
2017 2.33 1.59 2.06 2.97 1.44 1.22 1.14 3.27 1.26 -1.10 2.44 1.09  21.51 
2016 -2.48 -2.93 0.88 -0.91 3.13 -3.22 2.44 3.43 -1.06 4.15 -1.33 2.54  4.33 
2015 1.91 4.99 -2.73 2.83 2.89 -2.18 6.80 -6.67 12.12 0.96 2.16 -1.05  22.85 
2014 1.65 3.71 1.34 -1.44 2.03 5.67 -5.27 1.21 -9.13 -4.04 2.91 -1.53  -3.82 
2013 0.02 0.23 -2.52 -2.13 0.49 -7.35 1.96 -0.76 2.00 1.05 -1.74 3.31  -5.73 
Note: Estimates appear in italics. All performance data is since program inception.

Strategy Description

This unique diversified non-correlated program utilizes the underlying futures as a hedge against premium. This delta type of product simplifies the process by providing a 1 to 1 relationship when hedging is engaged. It trades in four different market sectors: Energy - Crude Oil & Natural Gas, Currencies - Euro & Japenesse Yen, Index - S&P eMini, and Softs - Coffee & Sugar.

Performance Statistics

Date Range: 12/12 - 07/18
  Program S&P 500 Altegris 40 
Total Return 35.78% 123.78% 7.81% 
Annualized Return 5.63% 15.27% 1.34% 
Annualized Std. Deviation 11.57% 9.49% 8.59% 
Correlation 0.28 0.13 
Sharpe Ratio (rf=2.5%) 0.27 1.35 -0.14 
Worst Month -9.13% -6.03% -6.10% 
Date of Worst Month 09/2014 08/2015 02/2018 
Worst Drawdown -16.40% -8.35% -12.94% 
Date of Worst Drawdown 6/14 - 10/14 7/15 - 9/15 3/15 - 9/17 
Note: Estimates appear in italics. All performance data is since program inception.

Annual Performance (%)

Date Range: 12/12 - 07/18

Year or YTD Program S&P 500 Altegris 40 
2018 -3.84 6.47 -3.11 
2017 21.51 21.84 1.24 
2016 4.33 11.98 -3.23 
2015 22.85 1.41 0.09 
2014 -3.82 13.69 15.75 
2013 -5.73 32.41 -2.45 
Note: Estimates appear in italics. All performance data is since program inception.

Performance Comparison

Date Range: 12/12 - 07/18
Date: 7/31/2018
Perf: $1,072.80 Date: 6/30/2018
Perf: $1,080.91 Date: 5/31/2018
Perf: $1,071.91 Date: 4/30/2018
Perf: $1,085.91 Date: 3/31/2018
Perf: $1,074.31 Date: 2/28/2018
Perf: $1,075.28 Date: 1/31/2018
Perf: $1,145.13 Date: 12/31/2017
Perf: $1,107.26 Date: 11/30/2017
Perf: $1,095.32 Date: 10/31/2017
Perf: $1,093.90 Date: 9/30/2017
Perf: $1,049.91 Date: 8/31/2017
Perf: $1,072.54 Date: 7/31/2017
Perf: $1,055.03 Date: 6/30/2017
Perf: $1,050.93 Date: 5/31/2017
Perf: $1,082.54 Date: 4/30/2017
Perf: $1,080.49 Date: 3/31/2017
Perf: $1,087.01 Date: 2/28/2017
Perf: $1,103.11 Date: 1/31/2017
Perf: $1,079.58 Date: 12/31/2016
Perf: $1,093.69 Date: 11/30/2016
Perf: $1,085.44 Date: 10/31/2016
Perf: $1,098.62 Date: 9/30/2016
Perf: $1,127.72 Date: 8/31/2016
Perf: $1,142.46 Date: 7/31/2016
Perf: $1,174.04 Date: 6/30/2016
Perf: $1,162.18 Date: 5/31/2016
Perf: $1,114.80 Date: 4/30/2016
Perf: $1,134.66 Date: 3/31/2016
Perf: $1,163.87 Date: 2/29/2016
Perf: $1,198.26 Date: 1/31/2016
Perf: $1,169.49 Date: 12/31/2015
Perf: $1,130.16 Date: 11/30/2015
Perf: $1,156.77 Date: 10/31/2015
Perf: $1,118.62 Date: 9/30/2015
Perf: $1,138.43 Date: 8/31/2015
Perf: $1,114.25 Date: 7/31/2015
Perf: $1,133.87 Date: 6/30/2015
Perf: $1,091.20 Date: 5/31/2015
Perf: $1,151.06 Date: 4/30/2015
Perf: $1,159.41 Date: 3/31/2015
Perf: $1,205.96 Date: 2/28/2015
Perf: $1,179.88 Date: 1/31/2015
Perf: $1,181.77 Date: 12/31/2014
Perf: $1,129.15 Date: 11/30/2014
Perf: $1,109.62 Date: 10/31/2014
Perf: $1,047.31 Date: 9/30/2014
Perf: $1,032.14 Date: 8/31/2014
Perf: $1,016.98 Date: 7/31/2014
Perf: $975.71 Date: 6/30/2014
Perf: $983.58 Date: 5/31/2014
Perf: $975.19 Date: 4/30/2014
Perf: $950.85 Date: 3/31/2014
Perf: $943.68 Date: 2/28/2014
Perf: $957.86 Date: 1/31/2014
Perf: $950.07 Date: 12/31/2013
Perf: $975.53 Date: 11/30/2013
Perf: $976.89 Date: 10/31/2013
Perf: $959.53 Date: 9/30/2013
Perf: $938.05 Date: 8/31/2013
Perf: $943.71 Date: 7/31/2013
Perf: $962.18 Date: 6/30/2013
Perf: $970.63 Date: 5/31/2013
Perf: $1,008.86 Date: 4/30/2013
Perf: $1,054.19 Date: 3/31/2013
Perf: $1,027.68 Date: 2/28/2013
Perf: $1,013.09 Date: 1/31/2013
Perf: $1,019.00 Date: 12/31/2012
Perf: $1,000.00 Date: 7/31/2018
Perf: $2,217.62 Date: 6/30/2018
Perf: $2,138.08 Date: 5/31/2018
Perf: $2,124.91 Date: 4/30/2018
Perf: $2,074.90 Date: 3/31/2018
Perf: $2,067.05 Date: 2/28/2018
Perf: $2,120.92 Date: 1/31/2018
Perf: $2,202.18 Date: 12/31/2017
Perf: $2,082.83 Date: 11/30/2017
Perf: $2,059.97 Date: 10/31/2017
Perf: $1,998.61 Date: 9/30/2017
Perf: $1,953.10 Date: 8/31/2017
Perf: $1,913.68 Date: 7/31/2017
Perf: $1,907.77 Date: 6/30/2017
Perf: $1,869.26 Date: 5/31/2017
Perf: $1,857.74 Date: 4/30/2017
Perf: $1,831.91 Date: 3/31/2017
Perf: $1,813.24 Date: 2/28/2017
Perf: $1,811.06 Date: 1/31/2017
Perf: $1,741.91 Date: 12/31/2016
Perf: $1,709.43 Date: 11/30/2016
Perf: $1,676.24 Date: 10/31/2016
Perf: $1,616.43 Date: 9/30/2016
Perf: $1,646.40 Date: 8/31/2016
Perf: $1,646.07 Date: 7/31/2016
Perf: $1,643.77 Date: 6/30/2016
Perf: $1,585.27 Date: 5/31/2016
Perf: $1,581.16 Date: 4/30/2016
Perf: $1,553.20 Date: 3/31/2016
Perf: $1,547.17 Date: 2/29/2016
Perf: $1,448.93 Date: 1/31/2016
Perf: $1,450.82 Date: 12/31/2015
Perf: $1,526.53 Date: 11/30/2015
Perf: $1,551.04 Date: 10/31/2015
Perf: $1,546.40 Date: 9/30/2015
Perf: $1,426.04 Date: 8/31/2015
Perf: $1,462.16 Date: 7/31/2015
Perf: $1,555.98 Date: 6/30/2015
Perf: $1,523.98 Date: 5/31/2015
Perf: $1,554.13 Date: 4/30/2015
Perf: $1,534.34 Date: 3/31/2015
Perf: $1,519.75 Date: 2/28/2015
Perf: $1,544.14 Date: 1/31/2015
Perf: $1,460.18 Date: 12/31/2014
Perf: $1,505.34 Date: 11/30/2014
Perf: $1,509.12 Date: 10/31/2014
Perf: $1,469.59 Date: 9/30/2014
Perf: $1,434.58 Date: 8/31/2014
Perf: $1,454.95 Date: 7/31/2014
Perf: $1,398.99 Date: 6/30/2014
Perf: $1,418.57 Date: 5/31/2014
Perf: $1,389.80 Date: 4/30/2014
Perf: $1,357.89 Date: 3/31/2014
Perf: $1,347.91 Date: 2/28/2014
Perf: $1,336.69 Date: 1/31/2014
Perf: $1,278.27 Date: 12/31/2013
Perf: $1,324.08 Date: 11/30/2013
Perf: $1,291.41 Date: 10/31/2013
Perf: $1,253.19 Date: 9/30/2013
Perf: $1,198.08 Date: 8/31/2013
Perf: $1,161.60 Date: 7/31/2013
Perf: $1,196.29 Date: 6/30/2013
Perf: $1,138.35 Date: 5/31/2013
Perf: $1,153.81 Date: 4/30/2013
Perf: $1,127.43 Date: 3/31/2013
Perf: $1,106.08 Date: 2/28/2013
Perf: $1,066.10 Date: 1/31/2013
Perf: $1,051.80 Date: 12/31/2012
Perf: $1,000.00 Date: 7/31/2018
Perf: $1,357.82 Date: 6/30/2018
Perf: $1,373.62 Date: 5/31/2018
Perf: $1,335.16 Date: 4/30/2018
Perf: $1,336.23 Date: 3/31/2018
Perf: $1,302.62 Date: 2/28/2018
Perf: $1,313.00 Date: 1/31/2018
Perf: $1,391.48 Date: 12/31/2017
Perf: $1,412.09 Date: 11/30/2017
Perf: $1,396.87 Date: 10/31/2017
Perf: $1,363.60 Date: 9/30/2017
Perf: $1,378.76 Date: 8/31/2017
Perf: $1,361.61 Date: 7/31/2017
Perf: $1,318.49 Date: 6/30/2017
Perf: $1,303.63 Date: 5/31/2017
Perf: $1,287.92 Date: 4/30/2017
Perf: $1,269.63 Date: 3/31/2017
Perf: $1,233.01 Date: 2/28/2017
Perf: $1,208.13 Date: 1/31/2017
Perf: $1,189.22 Date: 12/31/2016
Perf: $1,162.14 Date: 11/30/2016
Perf: $1,133.35 Date: 10/31/2016
Perf: $1,148.63 Date: 9/30/2016
Perf: $1,102.86 Date: 8/31/2016
Perf: $1,114.68 Date: 7/31/2016
Perf: $1,077.71 Date: 6/30/2016
Perf: $1,052.04 Date: 5/31/2016
Perf: $1,087.04 Date: 4/30/2016
Perf: $1,054.05 Date: 3/31/2016
Perf: $1,063.73 Date: 2/29/2016
Perf: $1,054.45 Date: 1/31/2016
Perf: $1,086.28 Date: 12/31/2015
Perf: $1,113.91 Date: 11/30/2015
Perf: $1,125.73 Date: 10/31/2015
Perf: $1,101.92 Date: 9/30/2015
Perf: $1,091.45 Date: 8/31/2015
Perf: $973.46 Date: 7/31/2015
Perf: $1,043.03 Date: 6/30/2015
Perf: $976.62 Date: 5/31/2015
Perf: $998.39 Date: 4/30/2015
Perf: $970.34 Date: 3/31/2015
Perf: $943.64 Date: 2/28/2015
Perf: $970.12 Date: 1/31/2015
Perf: $924.02 Date: 12/31/2014
Perf: $906.70 Date: 11/30/2014
Perf: $920.79 Date: 10/31/2014
Perf: $894.75 Date: 9/30/2014
Perf: $932.42 Date: 8/31/2014
Perf: $1,026.10 Date: 7/31/2014
Perf: $1,013.83 Date: 6/30/2014
Perf: $1,070.24 Date: 5/31/2014
Perf: $1,012.81 Date: 4/30/2014
Perf: $992.66 Date: 3/31/2014
Perf: $1,007.16 Date: 2/28/2014
Perf: $993.84 Date: 1/31/2014
Perf: $958.29 Date: 12/31/2013
Perf: $942.74 Date: 11/30/2013
Perf: $912.53 Date: 10/31/2013
Perf: $928.69 Date: 9/30/2013
Perf: $919.04 Date: 8/31/2013
Perf: $901.02 Date: 7/31/2013
Perf: $907.92 Date: 6/30/2013
Perf: $890.47 Date: 5/31/2013
Perf: $961.11 Date: 4/30/2013
Perf: $956.42 Date: 3/31/2013
Perf: $977.24 Date: 2/28/2013
Perf: $1,002.50 Date: 1/31/2013
Perf: $1,000.20 Date: 12/31/2012
Perf: $1,000.00
Note: All performance data is since program inception.

Monthly Returns

Date Range: 12/12 - 07/18
Date: 7/31/2018
Return: -1.15 % Date: 6/30/2018
Return: 2.88 % Date: 5/31/2018
Return: -0.08 % Date: 4/30/2018
Return: 2.58 % Date: 3/31/2018
Return: -0.79 % Date: 2/28/2018
Return: -5.64 % Date: 1/31/2018
Return: -1.46 % Date: 12/31/2017
Return: 1.09 % Date: 11/30/2017
Return: 2.44 % Date: 10/31/2017
Return: -1.10 % Date: 9/30/2017
Return: 1.26 % Date: 8/31/2017
Return: 3.27 % Date: 7/31/2017
Return: 1.14 % Date: 6/30/2017
Return: 1.22 % Date: 5/31/2017
Return: 1.44 % Date: 4/30/2017
Return: 2.97 % Date: 3/31/2017
Return: 2.06 % Date: 2/28/2017
Return: 1.59 % Date: 1/31/2017
Return: 2.33 % Date: 12/31/2016
Return: 2.54 % Date: 11/30/2016
Return: -1.33 % Date: 10/31/2016
Return: 4.15 % Date: 9/30/2016
Return: -1.06 % Date: 8/31/2016
Return: 3.43 % Date: 7/31/2016
Return: 2.44 % Date: 6/30/2016
Return: -3.22 % Date: 5/31/2016
Return: 3.13 % Date: 4/30/2016
Return: -0.91 % Date: 3/31/2016
Return: 0.88 % Date: 2/29/2016
Return: -2.93 % Date: 1/31/2016
Return: -2.48 % Date: 12/31/2015
Return: -1.05 % Date: 11/30/2015
Return: 2.16 % Date: 10/31/2015
Return: 0.96 % Date: 9/30/2015
Return: 12.12 % Date: 8/31/2015
Return: -6.67 % Date: 7/31/2015
Return: 6.80 % Date: 6/30/2015
Return: -2.18 % Date: 5/31/2015
Return: 2.89 % Date: 4/30/2015
Return: 2.83 % Date: 3/31/2015
Return: -2.73 % Date: 2/28/2015
Return: 4.99 % Date: 1/31/2015
Return: 1.91 % Date: 12/31/2014
Return: -1.53 % Date: 11/30/2014
Return: 2.91 % Date: 10/31/2014
Return: -4.04 % Date: 9/30/2014
Return: -9.13 % Date: 8/31/2014
Return: 1.21 % Date: 7/31/2014
Return: -5.27 % Date: 6/30/2014
Return: 5.67 % Date: 5/31/2014
Return: 2.03 % Date: 4/30/2014
Return: -1.44 % Date: 3/31/2014
Return: 1.34 % Date: 2/28/2014
Return: 3.71 % Date: 1/31/2014
Return: 1.65 % Date: 12/31/2013
Return: 3.31 % Date: 11/30/2013
Return: -1.74 % Date: 10/31/2013
Return: 1.05 % Date: 9/30/2013
Return: 2.00 % Date: 8/31/2013
Return: -0.76 % Date: 7/31/2013
Return: 1.96 % Date: 6/30/2013
Return: -7.35 % Date: 5/31/2013
Return: 0.49 % Date: 4/30/2013
Return: -2.13 % Date: 3/31/2013
Return: -2.52 % Date: 2/28/2013
Return: 0.23 % Date: 1/31/2013
Return: 0.02 % Date: 12/31/2012
Return: 0.00 %
Note: All performance data is since program inception.

Distribution of Monthly Returns

Date Range: 12/12 - 07/18
Return: -6.00 %
Count: 1 Return: 12.00 %
Count: 1 Return: 7.00 %
Count: 1 Return: 5.00 %
Count: 1 Return: -4.00 %
Count: 1 Return: -9.00 %
Count: 1 Return: -5.00 %
Count: 1 Return: 6.00 %
Count: 1 Return: 4.00 %
Count: 2 Return: 3.00 %
Count: 11 Return: 1.00 %
Count: 10 Return: -1.00 %
Count: 10 Return: 2.00 %
Count: 11 Return: -7.00 %
Count: 2 Return: -2.00 %
Count: 5 Return: -3.00 %
Count: 4 Return: 0.00 %
Count: 5
Note: All performance data is since program inception.

Underwater Curve

Date Range: 12/12 - 07/18
Date: 7/31/2018
Drawdown: -3.84 % Date: 6/30/2018
Drawdown: -2.72 % Date: 5/31/2018
Drawdown: -5.45 % Date: 4/30/2018
Drawdown: -5.37 % Date: 3/31/2018
Drawdown: -7.75 % Date: 2/28/2018
Drawdown: -7.02 % Date: 1/31/2018
Drawdown: -1.46 % Date: 12/31/2017
Drawdown: 0.00 % Date: 11/30/2017
Drawdown: 0.00 % Date: 10/31/2017
Drawdown: -1.10 % Date: 9/30/2017
Drawdown: 0.00 % Date: 8/31/2017
Drawdown: 0.00 % Date: 7/31/2017
Drawdown: 0.00 % Date: 6/30/2017
Drawdown: 0.00 % Date: 5/31/2017
Drawdown: 0.00 % Date: 4/30/2017
Drawdown: 0.00 % Date: 3/31/2017
Drawdown: 0.00 % Date: 2/28/2017
Drawdown: 0.00 % Date: 1/31/2017
Drawdown: 0.00 % Date: 12/31/2016
Drawdown: 0.00 % Date: 11/30/2016
Drawdown: -1.33 % Date: 10/31/2016
Drawdown: 0.00 % Date: 9/30/2016
Drawdown: -2.03 % Date: 8/31/2016
Drawdown: -0.98 % Date: 7/31/2016
Drawdown: -4.27 % Date: 6/30/2016
Drawdown: -6.55 % Date: 5/31/2016
Drawdown: -3.44 % Date: 4/30/2016
Drawdown: -6.37 % Date: 3/31/2016
Drawdown: -5.51 % Date: 2/29/2016
Drawdown: -6.33 % Date: 1/31/2016
Drawdown: -3.50 % Date: 12/31/2015
Drawdown: -1.05 % Date: 11/30/2015
Drawdown: 0.00 % Date: 10/31/2015
Drawdown: 0.00 % Date: 9/30/2015
Drawdown: 0.00 % Date: 8/31/2015
Drawdown: -9.04 % Date: 7/31/2015
Drawdown: -2.54 % Date: 6/30/2015
Drawdown: -8.75 % Date: 5/31/2015
Drawdown: -6.71 % Date: 4/30/2015
Drawdown: -9.33 % Date: 3/31/2015
Drawdown: -11.83 % Date: 2/28/2015
Drawdown: -9.35 % Date: 1/31/2015
Drawdown: -13.66 % Date: 12/31/2014
Drawdown: -15.28 % Date: 11/30/2014
Drawdown: -13.96 % Date: 10/31/2014
Drawdown: -16.40 % Date: 9/30/2014
Drawdown: -12.88 % Date: 8/31/2014
Drawdown: -4.12 % Date: 7/31/2014
Drawdown: -5.27 % Date: 6/30/2014
Drawdown: 0.00 % Date: 5/31/2014
Drawdown: 0.00 % Date: 4/30/2014
Drawdown: -1.44 % Date: 3/31/2014
Drawdown: 0.00 % Date: 2/28/2014
Drawdown: -0.86 % Date: 1/31/2014
Drawdown: -4.41 % Date: 12/31/2013
Drawdown: -5.96 % Date: 11/30/2013
Drawdown: -8.97 % Date: 10/31/2013
Drawdown: -7.36 % Date: 9/30/2013
Drawdown: -8.33 % Date: 8/31/2013
Drawdown: -10.12 % Date: 7/31/2013
Drawdown: -9.43 % Date: 6/30/2013
Drawdown: -11.18 % Date: 5/31/2013
Drawdown: -4.13 % Date: 4/30/2013
Drawdown: -4.60 % Date: 3/31/2013
Drawdown: -2.52 % Date: 2/28/2013
Drawdown: 0.00 % Date: 1/31/2013
Drawdown: 0.00 %
Note: All performance data is since program inception.

Underwater Curve

Manager Information

Manager Name:  White Indian Trading Company Limited
Address: 6008 Union Valley Court
City: Fort Worth
State: TX
Zip: 76179
Country: USA

Key People

Name:  Robb Ross
Position:  Principal
Biography: 

Robb Ross attended Texas Christian University and graduated from the University of Texas at Arlington with a Bachelor of Science in Mathematics along with a minor in Computer Science. The business background of Robb Ross during the last 12 years has been that of a Consulting Systems Analyst and Application Developer. Working through Shangri-La Systems, Inc during this time he has worked with and consulted for: ARCO Western Energy, Equitable Life Insurance (Now AXA), Microsoft, The Container Store, Global Group, Brookmays, Dyncorp, SkillsNet, Impact Innovations, Volt, SourceCorp, Regency College, Trademark, Thomson/PPC, & Nix Hilton. This has given Mr. Ross a broad range of experience in a host of various businesses and environments. His interest in commodity trading began over 20 years ago in 1985 as an extension of his Stock, Bond, and Option computer trading models. During this time he has developed computerized trading methodologies in a variety of markets. He has also been contracted out by other industry traders and professionals to program and test their trading methodologies. This has given him a unique view as to what has worked and not worked in the past.


Additional Information

 Futures Sectors Traded
 Stock Indexes Yes 
 Currencies Yes 
 Energies Yes 
 Softs Yes 
 Investment Methodology
 Technical Yes 
 Systematic Yes 
 Counter-trend Yes 
 Mean-reversion Yes 
 Options Writing Yes 
 Other Yes 
 Instruments Traded
 Futures Yes 
 Listed Options Yes 
 Geographical Focus
 United States Yes 
 Holding Period
 Short Term Yes 
 Intra-Week Yes 
 Investment Terms & Information
 Managed Account Minimum: $250,000 
 Margin / Equity Ratio: 25% 
 Managed Account Availability: Open