The document provides performance data and key metrics for the APCS Renaissance CTA Program from 2013 to 2017. The program achieved positive returns in most years with an annualized compound return of 12.77% and overall return since inception of 65.01%. As a non-directional strategy, Renaissance sells option premium on S&P 500 futures via option spreads to generate returns with low correlation (-0.09) to the S&P 500 and monthly standard deviation of 3.83%. The program is managed using a non-correlated alternative investment approach to offer portfolio diversification, reduced risk, and absolute returns.

1. APCS Renaissance CTA Program
Monthly Performance – Net of Fees
Jan Feb Mar Apr May June July Aug Sept Oct Nov Dec Year
2013 2.26 -16.36 5.46 1.95 0.38 3.06 -0.75 -0.54 1.90 -4.31%
2014 7.05 1.66 3.13 1.21 -0.26 2.42 1.02 -0.68 6.78 -3.63 1.70 5.31 28.31%
2015 0.51 2.26 2.31 0.66 2.54 0.55 2.83 -8.21 3.32 5.16 5.57 1.81 20.29%
2016 3.99 2.21 0.22 2.32 1.40 2.86 -0.38 1.59 0.97 0.89 2.14 -2.18 17.05%
2017 1.50 -9.44 1.89 1.24 0.65 -4.57%
Renaissance Performance versus S&P 500
Key Metrics
Return Since Inception 65.01% Correlation to S&P 500 -0.09 Monthly Standard Deviation 3.83%
Annualized Compound Return 12.77% Sharpe Ratio 0.95 Max. Peak to Valley Drawdown -16.36%
Notes
Performance is actual customer composite performance for Altavest Private Client Services, LLC’s Renaissance program. The results
are net of all commissions and fees and omit the results of accounts that traded only partial months. The Renaissance program is
available only to sophisticated investors that are qualified eligible participants as defined in section 4.7 of the commodity exchange
act.
Risk Disclosure
Past performance is not necessarily indicative of future results. There is risk of loss in trading futures and options.
$80,000
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Renaissance S&P 500
Tel: 949.392.6787
Website: altavest.com
Email: sam@altavest.com
Non-Directional Strategy
Renaissance is an APCS CTA program managed by Mr. Sam Sepetjian, one of Altavest's Senior Trading Advisors.
As a non-correlated alternative investment, Renaissance represents a diversification opportunity for traditional investors.
Renaissance’s primary non-directional strategy is to sell option premium on the S&P 500 futures contract via the sale of multi-
legged option spreads. Option premium is collected, with no uncovered or naked option positions traded, and risk and profit
thresholds are managed automatically via Altavest’s proprietary ThetaTrader algorithm.
Renaissance’s performance is designed to have low correlation with traditional asset classes such as stocks or bonds. Exposure to
the Renaissance Program is intended to enhance portfolio diversification, reduce beta risk, and offer an absolute return
opportunity.