Rhicon Currency Management (Pte) Ltd.

Rhicon Strategic Program *FRN*

Monthly Performance (%)

Date Range: 12/03 - 01/23
  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec  YTD 
2023 -0.22 -0.19   -0.41 
2022 -0.34 -0.48 -0.18 1.76 0.29 -0.16 1.23 1.78 1.62 0.21 0.01 0.57  6.45 
2021 -1.45 -0.27 1.13 -1.76 -0.90 0.45 -0.83 0.14 1.16 -0.55 -0.84 -0.55  -4.23 
2020 0.62 3.37 2.66 -1.79 -0.31 2.97 2.79 -0.02 0.30 -0.27 -1.44 2.31  11.59 
2019 -0.39 -0.93 -1.64 -0.40 0.34 -0.52 -0.41 -0.48 -0.35 -0.02 -0.36 -0.42  -5.45 
2018 2.52 0.68 -1.32 1.15 4.36 -2.90 -0.97 0.66 -1.33 0.52 -1.65 -0.63  0.88 
2017 -0.72 -0.34 -0.59 2.37 -1.03 -2.12 1.90 -1.52 -1.08 2.05 -1.77 -0.65  -3.57 
2016 -1.65 10.22 -1.20 -1.35 -1.86 -1.40 -0.69 -0.50 -1.28 -2.16 -1.95 -2.13  -6.36 
2015 3.76 -2.13 -0.77 0.71 -2.35 -1.08 0.82 1.72 -1.84 0.59 -0.42 -2.20  -3.33 
2014 -0.19 -1.71 -0.33 -2.00 1.27 -2.22 2.01 2.67 7.35 -1.24 0.39 2.34  8.25 
2013 1.17 -1.43 -1.02 -0.52 4.53 -0.19 0.10 -1.32 -0.64 -1.10 -0.57 0.03  -1.10 
2012 -0.91 -0.43 -0.05 -0.21 0.85 -1.94 -0.81 1.90 2.11 -1.11 1.93 5.51  6.82 
2011 1.55 -0.32 -0.38 -0.28 1.20 -0.66 -0.45 -0.11 1.02 0.90 0.04 0.90  3.43 
2010 0.02 0.34 -0.36 -0.84 1.50 -0.10 -0.46 0.20 0.44 -1.78 1.66 -0.44  0.13 
2009 -1.08 -0.59 -0.34 -0.50 1.87 -1.03 -1.08 -0.22 0.50 -0.49 -0.95 -0.53  -4.39 
2008 -0.08 3.00 -0.79 2.68 -0.46 -0.58 1.04 6.23 -0.25 2.03 -0.80 1.51  14.13 
2007 -0.43 0.04 2.55 0.32 -0.09 -0.08 3.07 0.53 0.29 2.59 0.51 1.86  11.66 
2006 -0.92 -1.41 -0.24 1.62 -0.99 0.11 1.34 -1.00 -0.24 1.27 5.52 -0.93  4.00 
2005 -1.00 1.93 0.36 -2.13 1.74 2.26 1.21 0.06 0.24 -1.07 1.38 0.68  5.70 
2004 -0.27 1.51 2.92 1.06 0.69 -0.67 2.53 1.43 0.28 -1.95 0.21 -0.50  7.37 

Note: Estimated returns are used for the most recent reported monthly ROR or appear in italics. All performance data is since program inception.

Strategy Description

The Rhicon Strategic Program applies a discretionary technical trading methodology to currencies and selective financial futures to achieve superior absolute returns. It applies the combined trading approaches of its three Investment Managers to capture profits in the short to medium term time frames. The methodology benefits from a uniquely robust risk management framework, developed and enhanced over years of private and proprietary trading, which enhances capital preservation and upside potential.

Performance Statistics

Date Range: 12/03 - 01/23
  Program S&P 500 Coquest 40 
Total Return 60.98% 463.95% 98.59% 
Annualized Return 2.53% 9.44% 3.64% 
Annualized Std. Deviation 5.95% 14.89% 8.86% 
Correlation -0.12 0.08 
Sharpe Ratio (rf=2.5%) 0.00 0.47 0.13 
Worst Month -2.90% -16.79% -6.22% 
Date of Worst Month 06/2018 10/2008 04/2004 
Worst Drawdown -20.55% -50.95% -15.74% 
Date of Worst Drawdown 2/16 - 12/19 10/07 - 2/09 4/11 - 9/13 

Note: Estimated returns are used for the most recent reported monthly ROR or appear in italics. All performance data is since program inception.

Annual Performance (%)

Date Range: 12/03 - 01/23
Year or YTD Program S&P 500 Coquest 40 
2023 -0.41 3.69 -1.11 
2022 6.45 -18.10 17.65 
2021 -4.23 28.72 6.26 
2020 11.59 18.40 0.97 
2019 -5.45 31.50 7.53 
2018 0.88 -4.38 -4.29 
2017 -3.57 21.84 1.24 
2016 -6.36 11.98 -3.13 
2015 -3.33 1.41 0.09 
2014 8.25 13.69 15.75 
2013 -1.10 32.41 -2.45 
2012 6.82 15.98 -4.75 
2011 3.43 2.12 -3.23 
2010 0.13 15.06 11.33 
2009 -4.39 26.45 -7.98 
2008 14.13 -36.99 15.47 
2007 11.66 5.50 7.18 
2006 4.00 15.79 6.70 
2005 5.70 4.89 4.51 
2004 7.37 10.87 2.57 

Note: Estimated returns are used for the most recent reported monthly ROR or appear in italics. All performance data is since program inception.

Performance Comparison

Date Range: 12/03 - 01/23
Date: 1/31/2023 Perf: $1,903.49 Date: 12/31/2022 Perf: $1,924.86 Date: 11/30/2022 Perf: $1,937.26 Date: 10/31/2022 Perf: $2,045.03 Date: 9/30/2022 Perf: $2,030.62 Date: 8/31/2022 Perf: $1,947.65 Date: 7/31/2022 Perf: $1,894.23 Date: 6/30/2022 Perf: $1,938.82 Date: 5/31/2022 Perf: $1,914.70 Date: 4/30/2022 Perf: $1,923.74 Date: 3/31/2022 Perf: $1,824.31 Date: 2/28/2022 Perf: $1,703.53 Date: 1/31/2022 Perf: $1,666.70 Date: 12/31/2021 Perf: $1,636.10 Date: 11/30/2021 Perf: $1,634.47 Date: 10/31/2021 Perf: $1,676.03 Date: 9/30/2021 Perf: $1,643.33 Date: 8/31/2021 Perf: $1,635.16 Date: 7/31/2021 Perf: $1,634.83 Date: 6/30/2021 Perf: $1,627.67 Date: 5/31/2021 Perf: $1,633.88 Date: 4/30/2021 Perf: $1,610.36 Date: 3/31/2021 Perf: $1,582.51 Date: 2/28/2021 Perf: $1,561.59 Date: 1/31/2021 Perf: $1,525.73 Date: 12/31/2020 Perf: $1,539.74 Date: 11/30/2020 Perf: $1,483.80 Date: 10/31/2020 Perf: $1,470.86 Date: 9/30/2020 Perf: $1,475.58 Date: 8/31/2020 Perf: $1,497.45 Date: 7/31/2020 Perf: $1,514.56 Date: 6/30/2020 Perf: $1,486.17 Date: 5/31/2020 Perf: $1,505.44 Date: 4/30/2020 Perf: $1,523.27 Date: 3/31/2020 Perf: $1,518.26 Date: 2/29/2020 Perf: $1,517.35 Date: 1/31/2020 Perf: $1,540.30 Date: 12/31/2019 Perf: $1,524.89 Date: 11/30/2019 Perf: $1,534.41 Date: 10/31/2019 Perf: $1,519.52 Date: 9/30/2019 Perf: $1,553.86 Date: 8/31/2019 Perf: $1,598.12 Date: 7/31/2019 Perf: $1,542.29 Date: 6/30/2019 Perf: $1,491.44 Date: 5/31/2019 Perf: $1,462.19 Date: 4/30/2019 Perf: $1,491.42 Date: 3/31/2019 Perf: $1,451.51 Date: 2/28/2019 Perf: $1,401.20 Date: 1/31/2019 Perf: $1,392.29 Date: 12/31/2018 Perf: $1,418.10 Date: 11/30/2018 Perf: $1,412.17 Date: 10/31/2018 Perf: $1,429.32 Date: 9/30/2018 Perf: $1,465.52 Date: 8/31/2018 Perf: $1,472.15 Date: 7/31/2018 Perf: $1,435.54 Date: 6/30/2018 Perf: $1,446.39 Date: 5/31/2018 Perf: $1,434.34 Date: 4/30/2018 Perf: $1,453.08 Date: 3/31/2018 Perf: $1,437.56 Date: 2/28/2018 Perf: $1,438.85 Date: 1/31/2018 Perf: $1,532.33 Date: 12/31/2017 Perf: $1,481.65 Date: 11/30/2017 Perf: $1,465.68 Date: 10/31/2017 Perf: $1,463.77 Date: 9/30/2017 Perf: $1,404.91 Date: 8/31/2017 Perf: $1,435.19 Date: 7/31/2017 Perf: $1,411.76 Date: 6/30/2017 Perf: $1,406.27 Date: 5/31/2017 Perf: $1,448.57 Date: 4/30/2017 Perf: $1,445.82 Date: 3/31/2017 Perf: $1,454.55 Date: 2/28/2017 Perf: $1,476.10 Date: 1/31/2017 Perf: $1,444.61 Date: 12/31/2016 Perf: $1,463.49 Date: 11/30/2016 Perf: $1,452.45 Date: 10/31/2016 Perf: $1,468.60 Date: 9/30/2016 Perf: $1,507.50 Date: 8/31/2016 Perf: $1,527.20 Date: 7/31/2016 Perf: $1,569.42 Date: 6/30/2016 Perf: $1,553.57 Date: 5/31/2016 Perf: $1,490.23 Date: 4/30/2016 Perf: $1,516.78 Date: 3/31/2016 Perf: $1,555.83 Date: 2/29/2016 Perf: $1,601.80 Date: 1/31/2016 Perf: $1,563.34 Date: 12/31/2015 Perf: $1,510.77 Date: 11/30/2015 Perf: $1,546.33 Date: 10/31/2015 Perf: $1,495.34 Date: 9/30/2015 Perf: $1,521.82 Date: 8/31/2015 Perf: $1,489.50 Date: 7/31/2015 Perf: $1,515.72 Date: 6/30/2015 Perf: $1,458.69 Date: 5/31/2015 Perf: $1,538.70 Date: 4/30/2015 Perf: $1,549.86 Date: 3/31/2015 Perf: $1,612.09 Date: 2/28/2015 Perf: $1,577.23 Date: 1/31/2015 Perf: $1,579.76 Date: 12/31/2014 Perf: $1,509.42 Date: 11/30/2014 Perf: $1,483.31 Date: 10/31/2014 Perf: $1,400.01 Date: 9/30/2014 Perf: $1,379.73 Date: 8/31/2014 Perf: $1,359.47 Date: 7/31/2014 Perf: $1,304.30 Date: 6/30/2014 Perf: $1,314.82 Date: 5/31/2014 Perf: $1,303.61 Date: 4/30/2014 Perf: $1,271.07 Date: 3/31/2014 Perf: $1,261.48 Date: 2/28/2014 Perf: $1,280.43 Date: 1/31/2014 Perf: $1,270.02 Date: 12/31/2013 Perf: $1,304.05 Date: 11/30/2013 Perf: $1,305.88 Date: 10/31/2013 Perf: $1,282.67 Date: 9/30/2013 Perf: $1,253.95 Date: 8/31/2013 Perf: $1,261.52 Date: 7/31/2013 Perf: $1,286.21 Date: 6/30/2013 Perf: $1,297.50 Date: 5/31/2013 Perf: $1,348.62 Date: 4/30/2013 Perf: $1,409.21 Date: 3/31/2013 Perf: $1,373.77 Date: 2/28/2013 Perf: $1,354.27 Date: 1/31/2013 Perf: $1,362.17 Date: 12/31/2012 Perf: $1,336.77 Date: 11/30/2012 Perf: $1,330.25 Date: 10/31/2012 Perf: $1,326.54 Date: 9/30/2012 Perf: $1,376.36 Date: 8/31/2012 Perf: $1,399.45 Date: 7/31/2012 Perf: $1,418.75 Date: 6/30/2012 Perf: $1,363.00 Date: 5/31/2012 Perf: $1,416.25 Date: 4/30/2012 Perf: $1,389.84 Date: 3/31/2012 Perf: $1,381.55 Date: 2/29/2012 Perf: $1,413.64 Date: 1/31/2012 Perf: $1,407.87 Date: 12/31/2011 Perf: $1,403.38 Date: 11/30/2011 Perf: $1,390.04 Date: 10/31/2011 Perf: $1,385.88 Date: 9/30/2011 Perf: $1,443.02 Date: 8/31/2011 Perf: $1,443.89 Date: 7/31/2011 Perf: $1,446.78 Date: 6/30/2011 Perf: $1,396.64 Date: 5/31/2011 Perf: $1,433.92 Date: 4/30/2011 Perf: $1,488.25 Date: 3/31/2011 Perf: $1,432.38 Date: 2/28/2011 Perf: $1,454.64 Date: 1/31/2011 Perf: $1,430.32 Date: 12/31/2010 Perf: $1,450.19 Date: 11/30/2010 Perf: $1,390.54 Date: 10/31/2010 Perf: $1,441.57 Date: 9/30/2010 Perf: $1,387.72 Date: 8/31/2010 Perf: $1,362.92 Date: 7/31/2010 Perf: $1,308.74 Date: 6/30/2010 Perf: $1,325.84 Date: 5/31/2010 Perf: $1,320.82 Date: 4/30/2010 Perf: $1,353.58 Date: 3/31/2010 Perf: $1,333.05 Date: 2/28/2010 Perf: $1,282.15 Date: 1/31/2010 Perf: $1,270.21 Date: 12/31/2009 Perf: $1,302.64 Date: 11/30/2009 Perf: $1,356.92 Date: 10/31/2009 Perf: $1,304.36 Date: 9/30/2009 Perf: $1,338.62 Date: 8/31/2009 Perf: $1,307.51 Date: 7/31/2009 Perf: $1,303.21 Date: 6/30/2009 Perf: $1,304.64 Date: 5/31/2009 Perf: $1,340.29 Date: 4/30/2009 Perf: $1,322.05 Date: 3/31/2009 Perf: $1,366.74 Date: 2/28/2009 Perf: $1,405.68 Date: 1/31/2009 Perf: $1,406.38 Date: 12/31/2008 Perf: $1,415.58 Date: 11/30/2008 Perf: $1,380.11 Date: 10/31/2008 Perf: $1,331.26 Date: 9/30/2008 Perf: $1,266.05 Date: 8/31/2008 Perf: $1,263.40 Date: 7/31/2008 Perf: $1,298.06 Date: 6/30/2008 Perf: $1,360.51 Date: 5/31/2008 Perf: $1,325.13 Date: 4/30/2008 Perf: $1,298.38 Date: 3/31/2008 Perf: $1,313.48 Date: 2/29/2008 Perf: $1,319.29 Date: 1/31/2008 Perf: $1,248.26 Date: 12/31/2007 Perf: $1,225.95 Date: 11/30/2007 Perf: $1,228.78 Date: 10/31/2007 Perf: $1,236.82 Date: 9/30/2007 Perf: $1,185.71 Date: 8/31/2007 Perf: $1,132.81 Date: 7/31/2007 Perf: $1,176.70 Date: 6/30/2007 Perf: $1,214.22 Date: 5/31/2007 Perf: $1,180.11 Date: 4/30/2007 Perf: $1,139.44 Date: 3/31/2007 Perf: $1,093.51 Date: 2/28/2007 Perf: $1,119.71 Date: 1/31/2007 Perf: $1,163.34 Date: 12/31/2006 Perf: $1,143.78 Date: 11/30/2006 Perf: $1,106.38 Date: 10/31/2006 Perf: $1,079.92 Date: 9/30/2006 Perf: $1,068.17 Date: 8/31/2006 Perf: $1,079.62 Date: 7/31/2006 Perf: $1,067.66 Date: 6/30/2006 Perf: $1,083.70 Date: 5/31/2006 Perf: $1,098.75 Date: 4/30/2006 Perf: $1,128.66 Date: 3/31/2006 Perf: $1,101.78 Date: 2/28/2006 Perf: $1,073.02 Date: 1/31/2006 Perf: $1,092.47 Date: 12/31/2005 Perf: $1,071.99 Date: 11/30/2005 Perf: $1,091.75 Date: 10/31/2005 Perf: $1,046.84 Date: 9/30/2005 Perf: $1,045.17 Date: 8/31/2005 Perf: $1,029.32 Date: 7/31/2005 Perf: $1,023.79 Date: 6/30/2005 Perf: $1,023.18 Date: 5/31/2005 Perf: $989.44 Date: 4/30/2005 Perf: $959.78 Date: 3/31/2005 Perf: $983.88 Date: 2/28/2005 Perf: $989.43 Date: 1/31/2005 Perf: $982.64 Date: 12/31/2004 Perf: $1,025.73 Date: 11/30/2004 Perf: $1,022.35 Date: 10/31/2004 Perf: $969.88 Date: 9/30/2004 Perf: $937.81 Date: 8/31/2004 Perf: $925.32 Date: 7/31/2004 Perf: $931.75 Date: 6/30/2004 Perf: $942.49 Date: 5/31/2004 Perf: $974.65 Date: 4/30/2004 Perf: $990.40 Date: 3/31/2004 Perf: $1,056.09 Date: 2/29/2004 Perf: $1,066.54 Date: 1/31/2004 Perf: $1,009.60 Date: 12/31/2003 Perf: $1,000.00 Date: 2/28/2023 Perf: $5,227.97 Date: 1/31/2023 Perf: $5,358.72 Date: 12/31/2022 Perf: $5,042.08 Date: 11/30/2022 Perf: $5,350.25 Date: 10/31/2022 Perf: $5,067.01 Date: 9/30/2022 Perf: $4,687.33 Date: 8/31/2022 Perf: $5,162.83 Date: 7/31/2022 Perf: $5,382.43 Date: 6/30/2022 Perf: $4,928.07 Date: 5/31/2022 Perf: $5,371.19 Date: 4/30/2022 Perf: $5,361.54 Date: 3/31/2022 Perf: $5,873.73 Date: 2/28/2022 Perf: $5,663.61 Date: 1/31/2022 Perf: $5,838.17 Date: 12/31/2021 Perf: $6,156.46 Date: 11/30/2021 Perf: $5,892.47 Date: 10/31/2021 Perf: $5,933.41 Date: 9/30/2021 Perf: $5,544.73 Date: 8/31/2021 Perf: $5,815.13 Date: 7/31/2021 Perf: $5,643.57 Date: 6/30/2021 Perf: $5,512.37 Date: 5/31/2021 Perf: $5,386.86 Date: 4/30/2021 Perf: $5,349.41 Date: 3/31/2021 Perf: $5,078.24 Date: 2/28/2021 Perf: $4,865.14 Date: 1/31/2021 Perf: $4,734.47 Date: 12/31/2020 Perf: $4,782.78 Date: 11/30/2020 Perf: $4,605.91 Date: 10/31/2020 Perf: $4,151.34 Date: 9/30/2020 Perf: $4,264.78 Date: 8/31/2020 Perf: $4,433.25 Date: 7/31/2020 Perf: $4,135.88 Date: 6/30/2020 Perf: $3,915.07 Date: 5/31/2020 Perf: $3,838.68 Date: 4/30/2020 Perf: $3,664.26 Date: 3/31/2020 Perf: $3,247.88 Date: 2/29/2020 Perf: $3,705.51 Date: 1/31/2020 Perf: $4,037.82 Date: 12/31/2019 Perf: $4,039.44 Date: 11/30/2019 Perf: $3,921.02 Date: 10/31/2019 Perf: $3,783.68 Date: 9/30/2019 Perf: $3,703.31 Date: 8/31/2019 Perf: $3,635.33 Date: 7/31/2019 Perf: $3,693.69 Date: 6/30/2019 Perf: $3,641.26 Date: 5/31/2019 Perf: $3,401.46 Date: 4/30/2019 Perf: $3,632.10 Date: 3/31/2019 Perf: $3,490.72 Date: 2/28/2019 Perf: $3,424.29 Date: 1/31/2019 Perf: $3,317.79 Date: 12/31/2018 Perf: $3,071.74 Date: 11/30/2018 Perf: $3,376.65 Date: 10/31/2018 Perf: $3,309.15 Date: 9/30/2018 Perf: $3,552.11 Date: 8/31/2018 Perf: $3,531.98 Date: 7/31/2018 Perf: $3,420.47 Date: 6/30/2018 Perf: $3,297.79 Date: 5/31/2018 Perf: $3,277.47 Date: 4/30/2018 Perf: $3,200.35 Date: 3/31/2018 Perf: $3,188.23 Date: 2/28/2018 Perf: $3,271.32 Date: 1/31/2018 Perf: $3,396.66 Date: 12/31/2017 Perf: $3,212.58 Date: 11/30/2017 Perf: $3,177.31 Date: 10/31/2017 Perf: $3,082.67 Date: 9/30/2017 Perf: $3,012.48 Date: 8/31/2017 Perf: $2,951.68 Date: 7/31/2017 Perf: $2,942.55 Date: 6/30/2017 Perf: $2,883.16 Date: 5/31/2017 Perf: $2,865.40 Date: 4/30/2017 Perf: $2,825.56 Date: 3/31/2017 Perf: $2,796.75 Date: 2/28/2017 Perf: $2,793.40 Date: 1/31/2017 Perf: $2,686.73 Date: 12/31/2016 Perf: $2,636.64 Date: 11/30/2016 Perf: $2,585.45 Date: 10/31/2016 Perf: $2,493.20 Date: 9/30/2016 Perf: $2,539.41 Date: 8/31/2016 Perf: $2,538.91 Date: 7/31/2016 Perf: $2,535.36 Date: 6/30/2016 Perf: $2,445.13 Date: 5/31/2016 Perf: $2,438.79 Date: 4/30/2016 Perf: $2,395.67 Date: 3/31/2016 Perf: $2,386.36 Date: 2/29/2016 Perf: $2,234.84 Date: 1/31/2016 Perf: $2,237.75 Date: 12/31/2015 Perf: $2,354.53 Date: 11/30/2015 Perf: $2,392.33 Date: 10/31/2015 Perf: $2,385.18 Date: 9/30/2015 Perf: $2,199.54 Date: 8/31/2015 Perf: $2,255.24 Date: 7/31/2015 Perf: $2,399.96 Date: 6/30/2015 Perf: $2,350.60 Date: 5/31/2015 Perf: $2,397.10 Date: 4/30/2015 Perf: $2,366.57 Date: 3/31/2015 Perf: $2,344.07 Date: 2/28/2015 Perf: $2,381.70 Date: 1/31/2015 Perf: $2,252.20 Date: 12/31/2014 Perf: $2,321.85 Date: 11/30/2014 Perf: $2,327.67 Date: 10/31/2014 Perf: $2,266.70 Date: 9/30/2014 Perf: $2,212.71 Date: 8/31/2014 Perf: $2,244.13 Date: 7/31/2014 Perf: $2,157.81 Date: 6/30/2014 Perf: $2,188.01 Date: 5/31/2014 Perf: $2,143.63 Date: 4/30/2014 Perf: $2,094.42 Date: 3/31/2014 Perf: $2,079.03 Date: 2/28/2014 Perf: $2,061.71 Date: 1/31/2014 Perf: $1,971.61 Date: 12/31/2013 Perf: $2,042.27 Date: 11/30/2013 Perf: $1,991.88 Date: 10/31/2013 Perf: $1,932.92 Date: 9/30/2013 Perf: $1,847.92 Date: 8/31/2013 Perf: $1,791.66 Date: 7/31/2013 Perf: $1,845.17 Date: 6/30/2013 Perf: $1,755.80 Date: 5/31/2013 Perf: $1,779.65 Date: 4/30/2013 Perf: $1,738.96 Date: 3/31/2013 Perf: $1,706.03 Date: 2/28/2013 Perf: $1,644.37 Date: 1/31/2013 Perf: $1,622.30 Date: 12/31/2012 Perf: $1,542.41 Date: 11/30/2012 Perf: $1,528.50 Date: 10/31/2012 Perf: $1,519.68 Date: 9/30/2012 Perf: $1,548.33 Date: 8/31/2012 Perf: $1,509.39 Date: 7/31/2012 Perf: $1,476.17 Date: 6/30/2012 Perf: $1,455.93 Date: 5/31/2012 Perf: $1,398.32 Date: 4/30/2012 Perf: $1,487.74 Date: 3/31/2012 Perf: $1,497.17 Date: 2/29/2012 Perf: $1,449.48 Date: 1/31/2012 Perf: $1,389.46 Date: 12/31/2011 Perf: $1,329.88 Date: 11/30/2011 Perf: $1,316.45 Date: 10/31/2011 Perf: $1,319.35 Date: 9/30/2011 Perf: $1,189.36 Date: 8/31/2011 Perf: $1,279.29 Date: 7/31/2011 Perf: $1,352.74 Date: 6/30/2011 Perf: $1,380.77 Date: 5/31/2011 Perf: $1,404.22 Date: 4/30/2011 Perf: $1,420.27 Date: 3/31/2011 Perf: $1,379.44 Date: 2/28/2011 Perf: $1,378.89 Date: 1/31/2011 Perf: $1,333.16 Date: 12/31/2010 Perf: $1,302.30 Date: 11/30/2010 Perf: $1,220.75 Date: 10/31/2010 Perf: $1,220.63 Date: 9/30/2010 Perf: $1,175.83 Date: 8/31/2010 Perf: $1,079.54 Date: 7/31/2010 Perf: $1,130.52 Date: 6/30/2010 Perf: $1,056.46 Date: 5/31/2010 Perf: $1,114.77 Date: 4/30/2010 Perf: $1,211.57 Date: 3/31/2010 Perf: $1,192.73 Date: 2/28/2010 Perf: $1,124.89 Date: 1/31/2010 Perf: $1,091.07 Date: 12/31/2009 Perf: $1,131.82 Date: 11/30/2009 Perf: $1,110.39 Date: 10/31/2009 Perf: $1,047.53 Date: 9/30/2009 Perf: $1,067.39 Date: 8/31/2009 Perf: $1,029.01 Date: 7/31/2009 Perf: $993.15 Date: 6/30/2009 Perf: $923.35 Date: 5/31/2009 Perf: $921.50 Date: 4/30/2009 Perf: $872.72 Date: 3/31/2009 Perf: $796.50 Date: 2/28/2009 Perf: $732.34 Date: 1/31/2009 Perf: $819.63 Date: 12/31/2008 Perf: $895.09 Date: 11/30/2008 Perf: $885.70 Date: 10/31/2008 Perf: $954.21 Date: 9/30/2008 Perf: $1,146.75 Date: 8/31/2008 Perf: $1,258.92 Date: 7/31/2008 Perf: $1,240.93 Date: 6/30/2008 Perf: $1,251.44 Date: 5/31/2008 Perf: $1,366.65 Date: 4/30/2008 Perf: $1,349.11 Date: 3/31/2008 Perf: $1,286.46 Date: 2/29/2008 Perf: $1,292.02 Date: 1/31/2008 Perf: $1,335.42 Date: 12/31/2007 Perf: $1,420.66 Date: 11/30/2007 Perf: $1,430.53 Date: 10/31/2007 Perf: $1,492.93 Date: 9/30/2007 Perf: $1,469.57 Date: 8/31/2007 Perf: $1,416.59 Date: 7/31/2007 Perf: $1,395.65 Date: 6/30/2007 Perf: $1,440.30 Date: 5/31/2007 Perf: $1,464.61 Date: 4/30/2007 Perf: $1,415.22 Date: 3/31/2007 Perf: $1,355.19 Date: 2/28/2007 Perf: $1,340.18 Date: 1/31/2007 Perf: $1,366.97 Date: 12/31/2006 Perf: $1,346.64 Date: 11/30/2006 Perf: $1,328.04 Date: 10/31/2006 Perf: $1,303.28 Date: 9/30/2006 Perf: $1,262.14 Date: 8/31/2006 Perf: $1,230.39 Date: 7/31/2006 Perf: $1,201.79 Date: 6/30/2006 Perf: $1,194.38 Date: 5/31/2006 Perf: $1,192.71 Date: 4/30/2006 Perf: $1,228.08 Date: 3/31/2006 Perf: $1,211.84 Date: 2/28/2006 Perf: $1,197.00 Date: 1/31/2006 Perf: $1,193.78 Date: 12/31/2005 Perf: $1,162.96 Date: 11/30/2005 Perf: $1,162.61 Date: 10/31/2005 Perf: $1,120.26 Date: 9/30/2005 Perf: $1,139.29 Date: 8/31/2005 Perf: $1,130.14 Date: 7/31/2005 Perf: $1,140.52 Date: 6/30/2005 Perf: $1,099.61 Date: 5/31/2005 Perf: $1,098.07 Date: 4/30/2005 Perf: $1,064.23 Date: 3/31/2005 Perf: $1,084.84 Date: 2/28/2005 Perf: $1,104.39 Date: 1/31/2005 Perf: $1,081.67 Date: 12/31/2004 Perf: $1,108.73 Date: 11/30/2004 Perf: $1,072.27 Date: 10/31/2004 Perf: $1,030.53 Date: 9/30/2004 Perf: $1,015.00 Date: 8/31/2004 Perf: $1,004.16 Date: 7/31/2004 Perf: $1,000.16 Date: 6/30/2004 Perf: $1,034.40 Date: 5/31/2004 Perf: $1,014.71 Date: 4/30/2004 Perf: $1,001.00 Date: 3/31/2004 Perf: $1,016.96 Date: 2/29/2004 Perf: $1,032.56 Date: 1/31/2004 Perf: $1,018.40 Date: 12/31/2003 Perf: $1,000.00 Date: 2/28/2023 Perf: $1,606.76 Date: 1/31/2023 Perf: $1,609.82 Date: 12/31/2022 Perf: $1,613.37 Date: 11/30/2022 Perf: $1,604.22 Date: 10/31/2022 Perf: $1,604.06 Date: 9/30/2022 Perf: $1,600.70 Date: 8/31/2022 Perf: $1,575.18 Date: 7/31/2022 Perf: $1,547.63 Date: 6/30/2022 Perf: $1,528.83 Date: 5/31/2022 Perf: $1,531.28 Date: 4/30/2022 Perf: $1,526.85 Date: 3/31/2022 Perf: $1,500.44 Date: 2/28/2022 Perf: $1,503.15 Date: 1/31/2022 Perf: $1,510.40 Date: 12/31/2021 Perf: $1,515.55 Date: 11/30/2021 Perf: $1,523.93 Date: 10/31/2021 Perf: $1,536.84 Date: 9/30/2021 Perf: $1,545.34 Date: 8/31/2021 Perf: $1,527.62 Date: 7/31/2021 Perf: $1,525.49 Date: 6/30/2021 Perf: $1,538.25 Date: 5/31/2021 Perf: $1,531.36 Date: 4/30/2021 Perf: $1,545.27 Date: 3/31/2021 Perf: $1,572.95 Date: 2/28/2021 Perf: $1,555.38 Date: 1/31/2021 Perf: $1,559.59 Date: 12/31/2020 Perf: $1,582.54 Date: 11/30/2020 Perf: $1,546.81 Date: 10/31/2020 Perf: $1,569.40 Date: 9/30/2020 Perf: $1,573.65 Date: 8/31/2020 Perf: $1,568.95 Date: 7/31/2020 Perf: $1,569.26 Date: 6/30/2020 Perf: $1,526.67 Date: 5/31/2020 Perf: $1,482.63 Date: 4/30/2020 Perf: $1,487.24 Date: 3/31/2020 Perf: $1,514.35 Date: 2/29/2020 Perf: $1,475.11 Date: 1/31/2020 Perf: $1,427.02 Date: 12/31/2019 Perf: $1,418.23 Date: 11/30/2019 Perf: $1,424.21 Date: 10/31/2019 Perf: $1,429.36 Date: 9/30/2019 Perf: $1,429.64 Date: 8/31/2019 Perf: $1,434.66 Date: 7/31/2019 Perf: $1,441.58 Date: 6/30/2019 Perf: $1,447.52 Date: 5/31/2019 Perf: $1,455.08 Date: 4/30/2019 Perf: $1,450.15 Date: 3/31/2019 Perf: $1,455.98 Date: 2/28/2019 Perf: $1,480.25 Date: 1/31/2019 Perf: $1,494.15 Date: 12/31/2018 Perf: $1,500.00 Date: 11/30/2018 Perf: $1,509.51 Date: 10/31/2018 Perf: $1,534.83 Date: 9/30/2018 Perf: $1,526.89 Date: 8/31/2018 Perf: $1,547.47 Date: 7/31/2018 Perf: $1,537.33 Date: 6/30/2018 Perf: $1,552.39 Date: 5/31/2018 Perf: $1,598.75 Date: 4/30/2018 Perf: $1,531.96 Date: 3/31/2018 Perf: $1,514.54 Date: 2/28/2018 Perf: $1,534.80 Date: 1/31/2018 Perf: $1,524.43 Date: 12/31/2017 Perf: $1,486.96 Date: 11/30/2017 Perf: $1,496.69 Date: 10/31/2017 Perf: $1,523.66 Date: 9/30/2017 Perf: $1,493.05 Date: 8/31/2017 Perf: $1,509.35 Date: 7/31/2017 Perf: $1,532.65 Date: 6/30/2017 Perf: $1,504.07 Date: 5/31/2017 Perf: $1,536.65 Date: 4/30/2017 Perf: $1,552.64 Date: 3/31/2017 Perf: $1,516.69 Date: 2/28/2017 Perf: $1,525.70 Date: 1/31/2017 Perf: $1,530.90 Date: 12/31/2016 Perf: $1,542.00 Date: 11/30/2016 Perf: $1,575.56 Date: 10/31/2016 Perf: $1,606.90 Date: 9/30/2016 Perf: $1,642.37 Date: 8/31/2016 Perf: $1,663.67 Date: 7/31/2016 Perf: $1,672.03 Date: 6/30/2016 Perf: $1,683.65 Date: 5/31/2016 Perf: $1,707.55 Date: 4/30/2016 Perf: $1,739.91 Date: 3/31/2016 Perf: $1,763.72 Date: 2/29/2016 Perf: $1,785.15 Date: 1/31/2016 Perf: $1,619.62 Date: 12/31/2015 Perf: $1,646.79 Date: 11/30/2015 Perf: $1,683.84 Date: 10/31/2015 Perf: $1,690.94 Date: 9/30/2015 Perf: $1,681.02 Date: 8/31/2015 Perf: $1,712.53 Date: 7/31/2015 Perf: $1,683.57 Date: 6/30/2015 Perf: $1,669.88 Date: 5/31/2015 Perf: $1,688.11 Date: 4/30/2015 Perf: $1,728.74 Date: 3/31/2015 Perf: $1,716.55 Date: 2/28/2015 Perf: $1,729.87 Date: 1/31/2015 Perf: $1,767.52 Date: 12/31/2014 Perf: $1,703.47 Date: 11/30/2014 Perf: $1,664.52 Date: 10/31/2014 Perf: $1,658.05 Date: 9/30/2014 Perf: $1,678.87 Date: 8/31/2014 Perf: $1,563.92 Date: 7/31/2014 Perf: $1,523.25 Date: 6/30/2014 Perf: $1,493.24 Date: 5/31/2014 Perf: $1,527.14 Date: 4/30/2014 Perf: $1,507.99 Date: 3/31/2014 Perf: $1,538.76 Date: 2/28/2014 Perf: $1,543.86 Date: 1/31/2014 Perf: $1,570.72 Date: 12/31/2013 Perf: $1,573.71 Date: 11/30/2013 Perf: $1,573.24 Date: 10/31/2013 Perf: $1,582.25 Date: 9/30/2013 Perf: $1,599.85 Date: 8/31/2013 Perf: $1,610.16 Date: 7/31/2013 Perf: $1,631.70 Date: 6/30/2013 Perf: $1,630.07 Date: 5/31/2013 Perf: $1,633.17 Date: 4/30/2013 Perf: $1,562.39 Date: 3/31/2013 Perf: $1,570.56 Date: 2/28/2013 Perf: $1,586.74 Date: 1/31/2013 Perf: $1,609.76 Date: 12/31/2012 Perf: $1,591.15 Date: 11/30/2012 Perf: $1,508.05 Date: 10/31/2012 Perf: $1,479.50 Date: 9/30/2012 Perf: $1,496.11 Date: 8/31/2012 Perf: $1,465.19 Date: 7/31/2012 Perf: $1,437.87 Date: 6/30/2012 Perf: $1,449.61 Date: 5/31/2012 Perf: $1,478.29 Date: 4/30/2012 Perf: $1,465.83 Date: 3/31/2012 Perf: $1,468.92 Date: 2/29/2012 Perf: $1,469.65 Date: 1/31/2012 Perf: $1,476.00 Date: 12/31/2011 Perf: $1,489.55 Date: 11/30/2011 Perf: $1,476.27 Date: 10/31/2011 Perf: $1,475.68 Date: 9/30/2011 Perf: $1,462.51 Date: 8/31/2011 Perf: $1,447.75 Date: 7/31/2011 Perf: $1,449.34 Date: 6/30/2011 Perf: $1,455.89 Date: 5/31/2011 Perf: $1,465.57 Date: 4/30/2011 Perf: $1,448.19 Date: 3/31/2011 Perf: $1,452.25 Date: 2/28/2011 Perf: $1,457.79 Date: 1/31/2011 Perf: $1,462.47 Date: 12/31/2010 Perf: $1,440.15 Date: 11/30/2010 Perf: $1,446.52 Date: 10/31/2010 Perf: $1,422.90 Date: 9/30/2010 Perf: $1,448.68 Date: 8/31/2010 Perf: $1,442.34 Date: 7/31/2010 Perf: $1,439.46 Date: 6/30/2010 Perf: $1,446.11 Date: 5/31/2010 Perf: $1,447.56 Date: 4/30/2010 Perf: $1,426.16 Date: 3/31/2010 Perf: $1,438.25 Date: 2/28/2010 Perf: $1,443.44 Date: 1/31/2010 Perf: $1,438.55 Date: 12/31/2009 Perf: $1,438.26 Date: 11/30/2009 Perf: $1,445.93 Date: 10/31/2009 Perf: $1,459.79 Date: 9/30/2009 Perf: $1,466.98 Date: 8/31/2009 Perf: $1,459.68 Date: 7/31/2009 Perf: $1,462.90 Date: 6/30/2009 Perf: $1,478.87 Date: 5/31/2009 Perf: $1,494.27 Date: 4/30/2009 Perf: $1,466.84 Date: 3/31/2009 Perf: $1,474.21 Date: 2/28/2009 Perf: $1,479.24 Date: 1/31/2009 Perf: $1,488.02 Date: 12/31/2008 Perf: $1,504.26 Date: 11/30/2008 Perf: $1,481.88 Date: 10/31/2008 Perf: $1,493.84 Date: 9/30/2008 Perf: $1,464.11 Date: 8/31/2008 Perf: $1,467.78 Date: 7/31/2008 Perf: $1,381.70 Date: 6/30/2008 Perf: $1,367.48 Date: 5/31/2008 Perf: $1,375.46 Date: 4/30/2008 Perf: $1,381.82 Date: 3/31/2008 Perf: $1,345.75 Date: 2/29/2008 Perf: $1,356.47 Date: 1/31/2008 Perf: $1,316.96 Date: 12/31/2007 Perf: $1,318.01 Date: 11/30/2007 Perf: $1,293.94 Date: 10/31/2007 Perf: $1,287.38 Date: 9/30/2007 Perf: $1,254.88 Date: 8/31/2007 Perf: $1,251.25 Date: 7/31/2007 Perf: $1,244.65 Date: 6/30/2007 Perf: $1,207.58 Date: 5/31/2007 Perf: $1,208.55 Date: 4/30/2007 Perf: $1,209.63 Date: 3/31/2007 Perf: $1,205.78 Date: 2/28/2007 Perf: $1,175.79 Date: 1/31/2007 Perf: $1,175.32 Date: 12/31/2006 Perf: $1,180.40 Date: 11/30/2006 Perf: $1,191.48 Date: 10/31/2006 Perf: $1,129.15 Date: 9/30/2006 Perf: $1,114.99 Date: 8/31/2006 Perf: $1,117.67 Date: 7/31/2006 Perf: $1,128.96 Date: 6/30/2006 Perf: $1,114.03 Date: 5/31/2006 Perf: $1,112.81 Date: 4/30/2006 Perf: $1,123.94 Date: 3/31/2006 Perf: $1,106.02 Date: 2/28/2006 Perf: $1,108.68 Date: 1/31/2006 Perf: $1,124.54 Date: 12/31/2005 Perf: $1,134.98 Date: 11/30/2005 Perf: $1,127.31 Date: 10/31/2005 Perf: $1,111.97 Date: 9/30/2005 Perf: $1,123.99 Date: 8/31/2005 Perf: $1,121.30 Date: 7/31/2005 Perf: $1,120.63 Date: 6/30/2005 Perf: $1,107.23 Date: 5/31/2005 Perf: $1,082.76 Date: 4/30/2005 Perf: $1,064.24 Date: 3/31/2005 Perf: $1,087.41 Date: 2/28/2005 Perf: $1,083.51 Date: 1/31/2005 Perf: $1,062.99 Date: 12/31/2004 Perf: $1,073.73 Date: 11/30/2004 Perf: $1,079.12 Date: 10/31/2004 Perf: $1,076.86 Date: 9/30/2004 Perf: $1,098.28 Date: 8/31/2004 Perf: $1,095.21 Date: 7/31/2004 Perf: $1,079.77 Date: 6/30/2004 Perf: $1,053.13 Date: 5/31/2004 Perf: $1,060.23 Date: 4/30/2004 Perf: $1,052.96 Date: 3/31/2004 Perf: $1,041.92 Date: 2/29/2004 Perf: $1,012.36 Date: 1/31/2004 Perf: $997.30 Date: 12/31/2003 Perf: $1,000.00

Note: Estimated returns are used for the most recent reported monthly ROR or appear in italics. All performance data is since program inception.

Monthly Returns

Date Range: 12/03 - 01/23
Date: 2/28/2023 Return: -0.19 % Date: 1/31/2023 Return: -0.22 % Date: 12/31/2022 Return: 0.57 % Date: 11/30/2022 Return: 0.01 % Date: 10/31/2022 Return: 0.21 % Date: 9/30/2022 Return: 1.62 % Date: 8/31/2022 Return: 1.78 % Date: 7/31/2022 Return: 1.23 % Date: 6/30/2022 Return: -0.16 % Date: 5/31/2022 Return: 0.29 % Date: 4/30/2022 Return: 1.76 % Date: 3/31/2022 Return: -0.18 % Date: 2/28/2022 Return: -0.48 % Date: 1/31/2022 Return: -0.34 % Date: 12/31/2021 Return: -0.55 % Date: 11/30/2021 Return: -0.84 % Date: 10/31/2021 Return: -0.55 % Date: 9/30/2021 Return: 1.16 % Date: 8/31/2021 Return: 0.14 % Date: 7/31/2021 Return: -0.83 % Date: 6/30/2021 Return: 0.45 % Date: 5/31/2021 Return: -0.90 % Date: 4/30/2021 Return: -1.76 % Date: 3/31/2021 Return: 1.13 % Date: 2/28/2021 Return: -0.27 % Date: 1/31/2021 Return: -1.45 % Date: 12/31/2020 Return: 2.31 % Date: 11/30/2020 Return: -1.44 % Date: 10/31/2020 Return: -0.27 % Date: 9/30/2020 Return: 0.30 % Date: 8/31/2020 Return: -0.02 % Date: 7/31/2020 Return: 2.79 % Date: 6/30/2020 Return: 2.97 % Date: 5/31/2020 Return: -0.31 % Date: 4/30/2020 Return: -1.79 % Date: 3/31/2020 Return: 2.66 % Date: 2/29/2020 Return: 3.37 % Date: 1/31/2020 Return: 0.62 % Date: 12/31/2019 Return: -0.42 % Date: 11/30/2019 Return: -0.36 % Date: 10/31/2019 Return: -0.02 % Date: 9/30/2019 Return: -0.35 % Date: 8/31/2019 Return: -0.48 % Date: 7/31/2019 Return: -0.41 % Date: 6/30/2019 Return: -0.52 % Date: 5/31/2019 Return: 0.34 % Date: 4/30/2019 Return: -0.40 % Date: 3/31/2019 Return: -1.64 % Date: 2/28/2019 Return: -0.93 % Date: 1/31/2019 Return: -0.39 % Date: 12/31/2018 Return: -0.63 % Date: 11/30/2018 Return: -1.65 % Date: 10/31/2018 Return: 0.52 % Date: 9/30/2018 Return: -1.33 % Date: 8/31/2018 Return: 0.66 % Date: 7/31/2018 Return: -0.97 % Date: 6/30/2018 Return: -2.90 % Date: 5/31/2018 Return: 4.36 % Date: 4/30/2018 Return: 1.15 % Date: 3/31/2018 Return: -1.32 % Date: 2/28/2018 Return: 0.68 % Date: 1/31/2018 Return: 2.52 % Date: 12/31/2017 Return: -0.65 % Date: 11/30/2017 Return: -1.77 % Date: 10/31/2017 Return: 2.05 % Date: 9/30/2017 Return: -1.08 % Date: 8/31/2017 Return: -1.52 % Date: 7/31/2017 Return: 1.90 % Date: 6/30/2017 Return: -2.12 % Date: 5/31/2017 Return: -1.03 % Date: 4/30/2017 Return: 2.37 % Date: 3/31/2017 Return: -0.59 % Date: 2/28/2017 Return: -0.34 % Date: 1/31/2017 Return: -0.72 % Date: 12/31/2016 Return: -2.13 % Date: 11/30/2016 Return: -1.95 % Date: 10/31/2016 Return: -2.16 % Date: 9/30/2016 Return: -1.28 % Date: 8/31/2016 Return: -0.50 % Date: 7/31/2016 Return: -0.69 % Date: 6/30/2016 Return: -1.40 % Date: 5/31/2016 Return: -1.86 % Date: 4/30/2016 Return: -1.35 % Date: 3/31/2016 Return: -1.20 % Date: 2/29/2016 Return: 10.22 % Date: 1/31/2016 Return: -1.65 % Date: 12/31/2015 Return: -2.20 % Date: 11/30/2015 Return: -0.42 % Date: 10/31/2015 Return: 0.59 % Date: 9/30/2015 Return: -1.84 % Date: 8/31/2015 Return: 1.72 % Date: 7/31/2015 Return: 0.82 % Date: 6/30/2015 Return: -1.08 % Date: 5/31/2015 Return: -2.35 % Date: 4/30/2015 Return: 0.71 % Date: 3/31/2015 Return: -0.77 % Date: 2/28/2015 Return: -2.13 % Date: 1/31/2015 Return: 3.76 % Date: 12/31/2014 Return: 2.34 % Date: 11/30/2014 Return: 0.39 % Date: 10/31/2014 Return: -1.24 % Date: 9/30/2014 Return: 7.35 % Date: 8/31/2014 Return: 2.67 % Date: 7/31/2014 Return: 2.01 % Date: 6/30/2014 Return: -2.22 % Date: 5/31/2014 Return: 1.27 % Date: 4/30/2014 Return: -2.00 % Date: 3/31/2014 Return: -0.33 % Date: 2/28/2014 Return: -1.71 % Date: 1/31/2014 Return: -0.19 % Date: 12/31/2013 Return: 0.03 % Date: 11/30/2013 Return: -0.57 % Date: 10/31/2013 Return: -1.10 % Date: 9/30/2013 Return: -0.64 % Date: 8/31/2013 Return: -1.32 % Date: 7/31/2013 Return: 0.10 % Date: 6/30/2013 Return: -0.19 % Date: 5/31/2013 Return: 4.53 % Date: 4/30/2013 Return: -0.52 % Date: 3/31/2013 Return: -1.02 % Date: 2/28/2013 Return: -1.43 % Date: 1/31/2013 Return: 1.17 % Date: 12/31/2012 Return: 5.51 % Date: 11/30/2012 Return: 1.93 % Date: 10/31/2012 Return: -1.11 % Date: 9/30/2012 Return: 2.11 % Date: 8/31/2012 Return: 1.90 % Date: 7/31/2012 Return: -0.81 % Date: 6/30/2012 Return: -1.94 % Date: 5/31/2012 Return: 0.85 % Date: 4/30/2012 Return: -0.21 % Date: 3/31/2012 Return: -0.05 % Date: 2/29/2012 Return: -0.43 % Date: 1/31/2012 Return: -0.91 % Date: 12/31/2011 Return: 0.90 % Date: 11/30/2011 Return: 0.04 % Date: 10/31/2011 Return: 0.90 % Date: 9/30/2011 Return: 1.02 % Date: 8/31/2011 Return: -0.11 % Date: 7/31/2011 Return: -0.45 % Date: 6/30/2011 Return: -0.66 % Date: 5/31/2011 Return: 1.20 % Date: 4/30/2011 Return: -0.28 % Date: 3/31/2011 Return: -0.38 % Date: 2/28/2011 Return: -0.32 % Date: 1/31/2011 Return: 1.55 % Date: 12/31/2010 Return: -0.44 % Date: 11/30/2010 Return: 1.66 % Date: 10/31/2010 Return: -1.78 % Date: 9/30/2010 Return: 0.44 % Date: 8/31/2010 Return: 0.20 % Date: 7/31/2010 Return: -0.46 % Date: 6/30/2010 Return: -0.10 % Date: 5/31/2010 Return: 1.50 % Date: 4/30/2010 Return: -0.84 % Date: 3/31/2010 Return: -0.36 % Date: 2/28/2010 Return: 0.34 % Date: 1/31/2010 Return: 0.02 % Date: 12/31/2009 Return: -0.53 % Date: 11/30/2009 Return: -0.95 % Date: 10/31/2009 Return: -0.49 % Date: 9/30/2009 Return: 0.50 % Date: 8/31/2009 Return: -0.22 % Date: 7/31/2009 Return: -1.08 % Date: 6/30/2009 Return: -1.03 % Date: 5/31/2009 Return: 1.87 % Date: 4/30/2009 Return: -0.50 % Date: 3/31/2009 Return: -0.34 % Date: 2/28/2009 Return: -0.59 % Date: 1/31/2009 Return: -1.08 % Date: 12/31/2008 Return: 1.51 % Date: 11/30/2008 Return: -0.80 % Date: 10/31/2008 Return: 2.03 % Date: 9/30/2008 Return: -0.25 % Date: 8/31/2008 Return: 6.23 % Date: 7/31/2008 Return: 1.04 % Date: 6/30/2008 Return: -0.58 % Date: 5/31/2008 Return: -0.46 % Date: 4/30/2008 Return: 2.68 % Date: 3/31/2008 Return: -0.79 % Date: 2/29/2008 Return: 3.00 % Date: 1/31/2008 Return: -0.08 % Date: 12/31/2007 Return: 1.86 % Date: 11/30/2007 Return: 0.51 % Date: 10/31/2007 Return: 2.59 % Date: 9/30/2007 Return: 0.29 % Date: 8/31/2007 Return: 0.53 % Date: 7/31/2007 Return: 3.07 % Date: 6/30/2007 Return: -0.08 % Date: 5/31/2007 Return: -0.09 % Date: 4/30/2007 Return: 0.32 % Date: 3/31/2007 Return: 2.55 % Date: 2/28/2007 Return: 0.04 % Date: 1/31/2007 Return: -0.43 % Date: 12/31/2006 Return: -0.93 % Date: 11/30/2006 Return: 5.52 % Date: 10/31/2006 Return: 1.27 % Date: 9/30/2006 Return: -0.24 % Date: 8/31/2006 Return: -1.00 % Date: 7/31/2006 Return: 1.34 % Date: 6/30/2006 Return: 0.11 % Date: 5/31/2006 Return: -0.99 % Date: 4/30/2006 Return: 1.62 % Date: 3/31/2006 Return: -0.24 % Date: 2/28/2006 Return: -1.41 % Date: 1/31/2006 Return: -0.92 % Date: 12/31/2005 Return: 0.68 % Date: 11/30/2005 Return: 1.38 % Date: 10/31/2005 Return: -1.07 % Date: 9/30/2005 Return: 0.24 % Date: 8/31/2005 Return: 0.06 % Date: 7/31/2005 Return: 1.21 % Date: 6/30/2005 Return: 2.26 % Date: 5/31/2005 Return: 1.74 % Date: 4/30/2005 Return: -2.13 % Date: 3/31/2005 Return: 0.36 % Date: 2/28/2005 Return: 1.93 % Date: 1/31/2005 Return: -1.00 % Date: 12/31/2004 Return: -0.50 % Date: 11/30/2004 Return: 0.21 % Date: 10/31/2004 Return: -1.95 % Date: 9/30/2004 Return: 0.28 % Date: 8/31/2004 Return: 1.43 % Date: 7/31/2004 Return: 2.53 % Date: 6/30/2004 Return: -0.67 % Date: 5/31/2004 Return: 0.69 % Date: 4/30/2004 Return: 1.06 % Date: 3/31/2004 Return: 2.92 % Date: 2/29/2004 Return: 1.51 % Date: 1/31/2004 Return: -0.27 % Date: 12/31/2003 Return: 0.00 %

Note: Estimated returns are used for the most recent reported monthly ROR or appear in italics. All performance data is since program inception.

Distribution of Monthly Returns

Date Range: 12/03 - 01/23
Return: -3.00 % Count: 1 Return: 10.00 % Count: 1 Return: 4.00 % Count: 2 Return: 7.00 % Count: 1 Return: 5.00 % Count: 1 Return: 6.00 % Count: 3 Return: -2.00 % Count: 23 Return: -1.00 % Count: 55 Return: 1.00 % Count: 30 Return: 3.00 % Count: 13 Return: 2.00 % Count: 25 Return: 0.00 % Count: 76

Note: Estimated returns are used for the most recent reported monthly ROR or appear in italics. All performance data is since program inception.

Underwater Curve

Date Range: 12/03 - 01/23
Date: 2/28/2023 Drawdown: -9.99 % Date: 1/31/2023 Drawdown: -9.82 % Date: 12/31/2022 Drawdown: -9.62 % Date: 11/30/2022 Drawdown: -10.13 % Date: 10/31/2022 Drawdown: -10.14 % Date: 9/30/2022 Drawdown: -10.33 % Date: 8/31/2022 Drawdown: -11.76 % Date: 7/31/2022 Drawdown: -13.30 % Date: 6/30/2022 Drawdown: -14.36 % Date: 5/31/2022 Drawdown: -14.22 % Date: 4/30/2022 Drawdown: -14.47 % Date: 3/31/2022 Drawdown: -15.95 % Date: 2/28/2022 Drawdown: -15.80 % Date: 1/31/2022 Drawdown: -15.39 % Date: 12/31/2021 Drawdown: -15.10 % Date: 11/30/2021 Drawdown: -14.63 % Date: 10/31/2021 Drawdown: -13.91 % Date: 9/30/2021 Drawdown: -13.43 % Date: 8/31/2021 Drawdown: -14.43 % Date: 7/31/2021 Drawdown: -14.55 % Date: 6/30/2021 Drawdown: -13.83 % Date: 5/31/2021 Drawdown: -14.22 % Date: 4/30/2021 Drawdown: -13.44 % Date: 3/31/2021 Drawdown: -11.89 % Date: 2/28/2021 Drawdown: -12.87 % Date: 1/31/2021 Drawdown: -12.64 % Date: 12/31/2020 Drawdown: -11.35 % Date: 11/30/2020 Drawdown: -13.35 % Date: 10/31/2020 Drawdown: -12.09 % Date: 9/30/2020 Drawdown: -11.85 % Date: 8/31/2020 Drawdown: -12.11 % Date: 7/31/2020 Drawdown: -12.09 % Date: 6/30/2020 Drawdown: -14.48 % Date: 5/31/2020 Drawdown: -16.95 % Date: 4/30/2020 Drawdown: -16.69 % Date: 3/31/2020 Drawdown: -15.17 % Date: 2/29/2020 Drawdown: -17.37 % Date: 1/31/2020 Drawdown: -20.06 % Date: 12/31/2019 Drawdown: -20.55 % Date: 11/30/2019 Drawdown: -20.22 % Date: 10/31/2019 Drawdown: -19.93 % Date: 9/30/2019 Drawdown: -19.91 % Date: 8/31/2019 Drawdown: -19.63 % Date: 7/31/2019 Drawdown: -19.25 % Date: 6/30/2019 Drawdown: -18.91 % Date: 5/31/2019 Drawdown: -18.49 % Date: 4/30/2019 Drawdown: -18.77 % Date: 3/31/2019 Drawdown: -18.44 % Date: 2/28/2019 Drawdown: -17.08 % Date: 1/31/2019 Drawdown: -16.30 % Date: 12/31/2018 Drawdown: -15.97 % Date: 11/30/2018 Drawdown: -15.44 % Date: 10/31/2018 Drawdown: -14.02 % Date: 9/30/2018 Drawdown: -14.47 % Date: 8/31/2018 Drawdown: -13.31 % Date: 7/31/2018 Drawdown: -13.88 % Date: 6/30/2018 Drawdown: -13.04 % Date: 5/31/2018 Drawdown: -10.44 % Date: 4/30/2018 Drawdown: -14.18 % Date: 3/31/2018 Drawdown: -15.16 % Date: 2/28/2018 Drawdown: -14.02 % Date: 1/31/2018 Drawdown: -14.60 % Date: 12/31/2017 Drawdown: -16.70 % Date: 11/30/2017 Drawdown: -16.16 % Date: 10/31/2017 Drawdown: -14.65 % Date: 9/30/2017 Drawdown: -16.36 % Date: 8/31/2017 Drawdown: -15.45 % Date: 7/31/2017 Drawdown: -14.14 % Date: 6/30/2017 Drawdown: -15.75 % Date: 5/31/2017 Drawdown: -13.92 % Date: 4/30/2017 Drawdown: -13.02 % Date: 3/31/2017 Drawdown: -15.04 % Date: 2/28/2017 Drawdown: -14.53 % Date: 1/31/2017 Drawdown: -14.24 % Date: 12/31/2016 Drawdown: -13.62 % Date: 11/30/2016 Drawdown: -11.74 % Date: 10/31/2016 Drawdown: -9.99 % Date: 9/30/2016 Drawdown: -8.00 % Date: 8/31/2016 Drawdown: -6.80 % Date: 7/31/2016 Drawdown: -6.34 % Date: 6/30/2016 Drawdown: -5.69 % Date: 5/31/2016 Drawdown: -4.35 % Date: 4/30/2016 Drawdown: -2.53 % Date: 3/31/2016 Drawdown: -1.20 % Date: 2/29/2016 Drawdown: 0.00 % Date: 1/31/2016 Drawdown: -8.37 % Date: 12/31/2015 Drawdown: -6.83 % Date: 11/30/2015 Drawdown: -4.73 % Date: 10/31/2015 Drawdown: -4.33 % Date: 9/30/2015 Drawdown: -4.89 % Date: 8/31/2015 Drawdown: -3.11 % Date: 7/31/2015 Drawdown: -4.75 % Date: 6/30/2015 Drawdown: -5.52 % Date: 5/31/2015 Drawdown: -4.49 % Date: 4/30/2015 Drawdown: -2.19 % Date: 3/31/2015 Drawdown: -2.88 % Date: 2/28/2015 Drawdown: -2.13 % Date: 1/31/2015 Drawdown: 0.00 % Date: 12/31/2014 Drawdown: 0.00 % Date: 11/30/2014 Drawdown: -0.85 % Date: 10/31/2014 Drawdown: -1.24 % Date: 9/30/2014 Drawdown: 0.00 % Date: 8/31/2014 Drawdown: -4.24 % Date: 7/31/2014 Drawdown: -6.73 % Date: 6/30/2014 Drawdown: -8.57 % Date: 5/31/2014 Drawdown: -6.49 % Date: 4/30/2014 Drawdown: -7.66 % Date: 3/31/2014 Drawdown: -5.78 % Date: 2/28/2014 Drawdown: -5.47 % Date: 1/31/2014 Drawdown: -3.82 % Date: 12/31/2013 Drawdown: -3.64 % Date: 11/30/2013 Drawdown: -3.67 % Date: 10/31/2013 Drawdown: -3.12 % Date: 9/30/2013 Drawdown: -2.04 % Date: 8/31/2013 Drawdown: -1.41 % Date: 7/31/2013 Drawdown: -0.09 % Date: 6/30/2013 Drawdown: -0.19 % Date: 5/31/2013 Drawdown: 0.00 % Date: 4/30/2013 Drawdown: -2.94 % Date: 3/31/2013 Drawdown: -2.44 % Date: 2/28/2013 Drawdown: -1.43 % Date: 1/31/2013 Drawdown: 0.00 % Date: 12/31/2012 Drawdown: 0.00 % Date: 11/30/2012 Drawdown: 0.00 % Date: 10/31/2012 Drawdown: -1.65 % Date: 9/30/2012 Drawdown: -0.54 % Date: 8/31/2012 Drawdown: -2.60 % Date: 7/31/2012 Drawdown: -4.41 % Date: 6/30/2012 Drawdown: -3.63 % Date: 5/31/2012 Drawdown: -1.73 % Date: 4/30/2012 Drawdown: -2.55 % Date: 3/31/2012 Drawdown: -2.35 % Date: 2/29/2012 Drawdown: -2.30 % Date: 1/31/2012 Drawdown: -1.88 % Date: 12/31/2011 Drawdown: -0.98 % Date: 11/30/2011 Drawdown: -1.86 % Date: 10/31/2011 Drawdown: -1.90 % Date: 9/30/2011 Drawdown: -2.78 % Date: 8/31/2011 Drawdown: -3.76 % Date: 7/31/2011 Drawdown: -3.65 % Date: 6/30/2011 Drawdown: -3.22 % Date: 5/31/2011 Drawdown: -2.57 % Date: 4/30/2011 Drawdown: -3.73 % Date: 3/31/2011 Drawdown: -3.46 % Date: 2/28/2011 Drawdown: -3.09 % Date: 1/31/2011 Drawdown: -2.78 % Date: 12/31/2010 Drawdown: -4.26 % Date: 11/30/2010 Drawdown: -3.84 % Date: 10/31/2010 Drawdown: -5.41 % Date: 9/30/2010 Drawdown: -3.69 % Date: 8/31/2010 Drawdown: -4.12 % Date: 7/31/2010 Drawdown: -4.31 % Date: 6/30/2010 Drawdown: -3.87 % Date: 5/31/2010 Drawdown: -3.77 % Date: 4/30/2010 Drawdown: -5.19 % Date: 3/31/2010 Drawdown: -4.39 % Date: 2/28/2010 Drawdown: -4.04 % Date: 1/31/2010 Drawdown: -4.37 % Date: 12/31/2009 Drawdown: -4.39 % Date: 11/30/2009 Drawdown: -3.88 % Date: 10/31/2009 Drawdown: -2.96 % Date: 9/30/2009 Drawdown: -2.48 % Date: 8/31/2009 Drawdown: -2.96 % Date: 7/31/2009 Drawdown: -2.75 % Date: 6/30/2009 Drawdown: -1.69 % Date: 5/31/2009 Drawdown: -0.66 % Date: 4/30/2009 Drawdown: -2.49 % Date: 3/31/2009 Drawdown: -2.00 % Date: 2/28/2009 Drawdown: -1.66 % Date: 1/31/2009 Drawdown: -1.08 % Date: 12/31/2008 Drawdown: 0.00 % Date: 11/30/2008 Drawdown: -0.80 % Date: 10/31/2008 Drawdown: 0.00 % Date: 9/30/2008 Drawdown: -0.25 % Date: 8/31/2008 Drawdown: 0.00 % Date: 7/31/2008 Drawdown: -0.01 % Date: 6/30/2008 Drawdown: -1.04 % Date: 5/31/2008 Drawdown: -0.46 % Date: 4/30/2008 Drawdown: 0.00 % Date: 3/31/2008 Drawdown: -0.79 % Date: 2/29/2008 Drawdown: 0.00 % Date: 1/31/2008 Drawdown: -0.08 % Date: 12/31/2007 Drawdown: 0.00 % Date: 11/30/2007 Drawdown: 0.00 % Date: 10/31/2007 Drawdown: 0.00 % Date: 9/30/2007 Drawdown: 0.00 % Date: 8/31/2007 Drawdown: 0.00 % Date: 7/31/2007 Drawdown: 0.00 % Date: 6/30/2007 Drawdown: -0.17 % Date: 5/31/2007 Drawdown: -0.09 % Date: 4/30/2007 Drawdown: 0.00 % Date: 3/31/2007 Drawdown: 0.00 % Date: 2/28/2007 Drawdown: -1.32 % Date: 1/31/2007 Drawdown: -1.36 % Date: 12/31/2006 Drawdown: -0.93 % Date: 11/30/2006 Drawdown: 0.00 % Date: 10/31/2006 Drawdown: -0.51 % Date: 9/30/2006 Drawdown: -1.76 % Date: 8/31/2006 Drawdown: -1.52 % Date: 7/31/2006 Drawdown: -0.53 % Date: 6/30/2006 Drawdown: -1.85 % Date: 5/31/2006 Drawdown: -1.95 % Date: 4/30/2006 Drawdown: -0.97 % Date: 3/31/2006 Drawdown: -2.55 % Date: 2/28/2006 Drawdown: -2.32 % Date: 1/31/2006 Drawdown: -0.92 % Date: 12/31/2005 Drawdown: 0.00 % Date: 11/30/2005 Drawdown: 0.00 % Date: 10/31/2005 Drawdown: -1.07 % Date: 9/30/2005 Drawdown: 0.00 % Date: 8/31/2005 Drawdown: 0.00 % Date: 7/31/2005 Drawdown: 0.00 % Date: 6/30/2005 Drawdown: 0.00 % Date: 5/31/2005 Drawdown: -1.41 % Date: 4/30/2005 Drawdown: -3.10 % Date: 3/31/2005 Drawdown: -0.99 % Date: 2/28/2005 Drawdown: -1.35 % Date: 1/31/2005 Drawdown: -3.21 % Date: 12/31/2004 Drawdown: -2.24 % Date: 11/30/2004 Drawdown: -1.74 % Date: 10/31/2004 Drawdown: -1.95 % Date: 9/30/2004 Drawdown: 0.00 % Date: 8/31/2004 Drawdown: 0.00 % Date: 7/31/2004 Drawdown: 0.00 % Date: 6/30/2004 Drawdown: -0.67 % Date: 5/31/2004 Drawdown: 0.00 % Date: 4/30/2004 Drawdown: 0.00 % Date: 3/31/2004 Drawdown: 0.00 % Date: 2/29/2004 Drawdown: 0.00 % Date: 1/31/2004 Drawdown: -0.27 %

Note: Estimated returns are used for the most recent reported monthly ROR or appear in italics. All performance data is since program inception.

Manager Information

Manager Name:  Rhicon Currency Management (Pte) Ltd.
Address: 80 Tras St
City: Singapore
State:
Zip: 079019
Country: Singapore

Key People

Name:  Peter Jacobson
Position:  Principal
Biography: 

Peter Jacobson started his career in foreign exchange in 1993 at Citibank Sydney, and thereafter at Swiss Bank Corporation in Geneva in 1995. From 1996 he headed the European Currency desk at Goldman Sachs International Finance in London until 1998 when he relocated to expand and develop the spot currency desk for Goldman Sachs International Bank in Tokyo. In 1999 he resigned to develop a proprietary currency trading company with Mr McLaughlin, ForexTechnicals Ltd. Following upon its success, they teamed up with Mr Brandon to start Rhicon Currency Management in 2000. Mr Jacobson holds a BA in Economics from the University of Sydney.

Name:  Christopher Brandon
Position:  Principal
Biography: 

Christopher Brandon joined Swiss Bank Corporation in Geneva in 1995 and relocated to SBC Warburg London in 1996, as a senior currency trader. He moved to UBS Warburg Singapore in early 1999 as a proprietary trader and the senior technical analyst in Asia, providing technical expertise to the bank’s major institutional customers. He resigned in 2000 and co-founded Rhicon Currency Management that same year. He holds an MA (Hons) in Economics from the University of Edinburgh.

Additional Information

 Futures Sectors Traded
 Currencies Yes 
 Forex Yes 
 Investment Methodology
 Technical Yes 
 Discretionary Yes 
 Sector Specialist Yes 
 Pattern Recognition Yes 
 Instruments Traded
 Forwards Yes 
 Futures Yes 
 Geographical Focus
 Global Yes 
 Holding Period
 Short Term Yes 
 Intra-Week Yes 
 Intra-Day Yes 
 Investment Terms & Information
 Managed Account Minimum: $5,000,000 
 Margin / Equity Ratio: 7% 
 Managed Account Availability: Open 
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