Blue Bar Futures Trading Management, LLC

Blue Bar U.S. Commodity Diversiifed Program *QEP*


Monthly Performance (%)

Date Range: 01/17 - 04/19
  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec  YTD 
2019 -1.18 -0.20 2.22 -7.08   -6.33 
2018 3.35 3.00 1.88 4.03 3.34 5.17 2.98 -3.50 4.27 1.13 0.57 0.26  29.56 
2017 -0.59 3.41 -6.11 10.11 6.68 5.60 9.97 5.04 1.72 5.85 -0.55  48.09 
Note: Estimates appear in italics. All performance data is since program inception.

Strategy Description

The Blue Bar U.S. Commodity Diversified Program seeks to achieve capital appreciation through the execution of outright long/short and spread strategies identified by technical and fundamental analysis to identify potentially low-risk trade opportunities. The trade execution methodology used for the program is based on a process that is approximately 60% systematic and 40% discretionary. This program trades a wide variety of U.S. commodity markets, including meats, grains, metals, energies, financial indices, bonds, currencies, and softs. Trade duration for spreads varies widely, from one to three days up to several months; though individual "legs" of a particular spread may be modified over time to establish a new spread position. In extreme market situations, a spread may be converted to a directional position for a relatively brief period of time. Many spread positions may be considered "scalps" that are completed intraday or are held for a short period of time, designed to take advantage of a market anomaly. Certain relatively small spread positions may also be held for longer periods of time, to attempt to capture a potential opportunity outside of typical seasonal spread patterns.

Performance Statistics

Date Range: 01/17 - 04/19
  Program S&P 500 Altegris 40 
Total Return 79.72% 37.75% 1.91% 
Annualized Return 29.77% 14.71% 0.81% 
Annualized Std. Deviation 13.75% 11.67% 7.61% 
Correlation -0.12 -0.16 
Sharpe Ratio (rf=2.5%) 1.98 1.05 -0.22 
Worst Month -7.08% -9.03% -6.10% 
Date of Worst Month 04/2019 12/2018 02/2018 
Worst Drawdown -7.08% -13.52% -9.14% 
Date of Worst Drawdown 3/19 - 4/19 9/18 - 12/18 1/18 - 1/19 
Note: Estimates appear in italics. All performance data is since program inception.

Annual Performance (%)

Date Range: 01/17 - 04/19

Year or YTD Program S&P 500 Altegris 40 
2019 -6.33 18.24 5.17 
2018 29.56 -4.38 -4.29 
2017 48.09 19.57 2.56 
Note: Estimates appear in italics. All performance data is since program inception.

Performance Comparison

Date Range: 01/17 - 04/19
Date: 4/30/2019
Perf: $1,032.41 Date: 3/31/2019
Perf: $1,004.78 Date: 2/28/2019
Perf: $969.95 Date: 1/31/2019
Perf: $963.79 Date: 12/31/2018
Perf: $981.65 Date: 11/30/2018
Perf: $977.55 Date: 10/31/2018
Perf: $989.42 Date: 9/30/2018
Perf: $1,014.48 Date: 8/31/2018
Perf: $1,019.06 Date: 7/31/2018
Perf: $993.72 Date: 6/30/2018
Perf: $1,001.23 Date: 5/31/2018
Perf: $992.89 Date: 4/30/2018
Perf: $1,005.87 Date: 3/31/2018
Perf: $995.12 Date: 2/28/2018
Perf: $996.02 Date: 1/31/2018
Perf: $1,060.72 Date: 12/31/2017
Perf: $1,025.64 Date: 11/30/2017
Perf: $1,014.58 Date: 10/31/2017
Perf: $1,013.27 Date: 9/30/2017
Perf: $972.52 Date: 8/31/2017
Perf: $993.48 Date: 7/31/2017
Perf: $977.26 Date: 6/30/2017
Perf: $973.46 Date: 5/31/2017
Perf: $1,002.74 Date: 4/30/2017
Perf: $1,000.84 Date: 3/31/2017
Perf: $1,006.88 Date: 2/28/2017
Perf: $1,021.80 Date: 1/31/2017
Perf: $1,000.00 Date: 4/30/2019
Perf: $1,351.86 Date: 3/31/2019
Perf: $1,299.24 Date: 2/28/2019
Perf: $1,274.52 Date: 1/31/2019
Perf: $1,234.88 Date: 12/31/2018
Perf: $1,143.30 Date: 11/30/2018
Perf: $1,256.79 Date: 10/31/2018
Perf: $1,231.66 Date: 9/30/2018
Perf: $1,322.09 Date: 8/31/2018
Perf: $1,314.60 Date: 7/31/2018
Perf: $1,273.10 Date: 6/30/2018
Perf: $1,227.44 Date: 5/31/2018
Perf: $1,219.87 Date: 4/30/2018
Perf: $1,191.17 Date: 3/31/2018
Perf: $1,186.66 Date: 2/28/2018
Perf: $1,217.58 Date: 1/31/2018
Perf: $1,264.23 Date: 12/31/2017
Perf: $1,195.72 Date: 11/30/2017
Perf: $1,182.59 Date: 10/31/2017
Perf: $1,147.37 Date: 9/30/2017
Perf: $1,121.24 Date: 8/31/2017
Perf: $1,098.61 Date: 7/31/2017
Perf: $1,095.22 Date: 6/30/2017
Perf: $1,073.11 Date: 5/31/2017
Perf: $1,066.50 Date: 4/30/2017
Perf: $1,051.67 Date: 3/31/2017
Perf: $1,040.95 Date: 2/28/2017
Perf: $1,039.70 Date: 1/31/2017
Perf: $1,000.00 Date: 4/30/2019
Perf: $1,797.25 Date: 3/31/2019
Perf: $1,934.19 Date: 2/28/2019
Perf: $1,892.18 Date: 1/31/2019
Perf: $1,895.98 Date: 12/31/2018
Perf: $1,918.62 Date: 11/30/2018
Perf: $1,913.64 Date: 10/31/2018
Perf: $1,902.79 Date: 9/30/2018
Perf: $1,881.53 Date: 8/31/2018
Perf: $1,804.48 Date: 7/31/2018
Perf: $1,869.93 Date: 6/30/2018
Perf: $1,815.82 Date: 5/31/2018
Perf: $1,726.55 Date: 4/30/2018
Perf: $1,670.75 Date: 3/31/2018
Perf: $1,606.03 Date: 2/28/2018
Perf: $1,576.39 Date: 1/31/2018
Perf: $1,530.48 Date: 12/31/2017
Perf: $1,480.87 Date: 11/30/2017
Perf: $1,489.06 Date: 10/31/2017
Perf: $1,406.76 Date: 9/30/2017
Perf: $1,382.98 Date: 8/31/2017
Perf: $1,316.62 Date: 7/31/2017
Perf: $1,197.25 Date: 6/30/2017
Perf: $1,133.76 Date: 5/31/2017
Perf: $1,062.77 Date: 4/30/2017
Perf: $965.19 Date: 3/31/2017
Perf: $1,028.00 Date: 2/28/2017
Perf: $994.10 Date: 1/31/2017
Perf: $1,000.00
Note: All performance data is since program inception.

Monthly Returns

Date Range: 01/17 - 04/19
Date: 4/30/2019
Return: -7.08 % Date: 3/31/2019
Return: 2.22 % Date: 2/28/2019
Return: -0.20 % Date: 1/31/2019
Return: -1.18 % Date: 12/31/2018
Return: 0.26 % Date: 11/30/2018
Return: 0.57 % Date: 10/31/2018
Return: 1.13 % Date: 9/30/2018
Return: 4.27 % Date: 8/31/2018
Return: -3.50 % Date: 7/31/2018
Return: 2.98 % Date: 6/30/2018
Return: 5.17 % Date: 5/31/2018
Return: 3.34 % Date: 4/30/2018
Return: 4.03 % Date: 3/31/2018
Return: 1.88 % Date: 2/28/2018
Return: 3.00 % Date: 1/31/2018
Return: 3.35 % Date: 12/31/2017
Return: -0.55 % Date: 11/30/2017
Return: 5.85 % Date: 10/31/2017
Return: 1.72 % Date: 9/30/2017
Return: 5.04 % Date: 8/31/2017
Return: 9.97 % Date: 7/31/2017
Return: 5.60 % Date: 6/30/2017
Return: 6.68 % Date: 5/31/2017
Return: 10.11 % Date: 4/30/2017
Return: -6.11 % Date: 3/31/2017
Return: 3.41 % Date: 2/28/2017
Return: -0.59 % Date: 1/31/2017
Return: 0.00 %
Note: All performance data is since program inception.

Distribution of Monthly Returns

Date Range: 01/17 - 04/19
Return: -7.00 %
Count: 1 Return: 1.00 %
Count: 2 Return: -3.00 %
Count: 1 Return: 4.00 %
Count: 2 Return: 2.00 %
Count: 3 Return: 5.00 %
Count: 2 Return: 6.00 %
Count: 2 Return: 7.00 %
Count: 1 Return: 10.00 %
Count: 2 Return: -6.00 %
Count: 1 Return: 3.00 %
Count: 5 Return: -1.00 %
Count: 3 Return: 0.00 %
Count: 3
Note: All performance data is since program inception.

Underwater Curve

Date Range: 01/17 - 04/19
Date: 4/30/2019
Drawdown: -7.08 % Date: 3/31/2019
Drawdown: 0.00 % Date: 2/28/2019
Drawdown: -1.38 % Date: 1/31/2019
Drawdown: -1.18 % Date: 12/31/2018
Drawdown: 0.00 % Date: 11/30/2018
Drawdown: 0.00 % Date: 10/31/2018
Drawdown: 0.00 % Date: 9/30/2018
Drawdown: 0.00 % Date: 8/31/2018
Drawdown: -3.50 % Date: 7/31/2018
Drawdown: 0.00 % Date: 6/30/2018
Drawdown: 0.00 % Date: 5/31/2018
Drawdown: 0.00 % Date: 4/30/2018
Drawdown: 0.00 % Date: 3/31/2018
Drawdown: 0.00 % Date: 2/28/2018
Drawdown: 0.00 % Date: 1/31/2018
Drawdown: 0.00 % Date: 12/31/2017
Drawdown: -0.55 % Date: 11/30/2017
Drawdown: 0.00 % Date: 10/31/2017
Drawdown: 0.00 % 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: -6.11 % Date: 3/31/2017
Drawdown: 0.00 % Date: 2/28/2017
Drawdown: -0.59 %
Note: All performance data is since program inception.

Underwater Curve

Manager Information

Manager Name:  Blue Bar Futures Trading Management, LLC
Address: 676S Ridge Rd
City: Lake Forest
State: IL
Zip: 60045
Country: USA

Key People

Name:  Bob Wieneke
Position:  Portfolio Manager
Biography: 

Bob Wieneke has 30 years of trading experience in futures, futures options, equities, equity options, including 17 years as a floor broker and trader. He has extensive trading background with algorithms utilized on the CQG Integrated Client Platform. He is a chartered market technician, member of Market Technicians Association.


Additional Information

 Futures Sectors Traded
 Stock Indexes Yes 
 Interest Rates Yes 
 Currencies Yes 
 Metals Yes 
 Energies Yes 
 Softs Yes 
 Grains Yes 
 Meats Yes 
 Investment Methodology
 Fundamental Analysis Yes 
 Systematic Yes 
 Diversified Yes 
 Mean-reversion Yes 
 Pattern Recognition Yes 
 Other Yes 
 Instruments Traded
 Futures Yes 
 Listed Options Yes 
 Geographical Focus
 Global Yes 
 Holding Period
 Long Term Yes 
 Medium Term Yes 
 Short Term Yes 
 Investment Terms & Information
 Managed Account Minimum: $100,000 
 Margin / Equity Ratio: 25% 
 Managed Account Availability: Open