Altegris Macro Strategy Fund

Fund Holdings

Asset Allocation

% Long % Net
Cash 74.4 74.4
Stocks 0.0 0.0
Bonds 0.0 0.0
Other 0.25 0.25
Foreign Bonds 1.49 1.49
Foreign Stocks 23.87 23.87
Convertible 0.0 0.0
Preferred 0.0 0.0

Updated 12.31.2013

Top 10 Holdings

Performance as of 03.31.2014

Portfolio as of 12.31.2013

% Net Assets
Agms Fund Limited Cfc 23.87
Brevan Howard Inv Emerg Mkts Lcl FI A$ 12.13