Company Press Release

Altegris Continues To Grow With Two New Appointments

Appointment of Valentina M. Glaviano to Director of Distribution Strategy Embodies Firm's Commitment to Meet the Growing Demand for Alternative Investments

LA JOLLA, Calif., Sept. 27, 2012 /PRNewswire via COMTEX/ -- Altegris ( www.altegris.com ), providers of premier alternative investments, has announced the expansion of its team of seasoned industry sales and consulting professionals to complement the firm's ongoing growth and expansion. Among the most prominent of the recent additions to the Altegris Sales and Consulting team is the appointment of Valentina M. Glaviano as Director of Distribution Strategy, a newly created position.

"To successfully carry out our mission of delivering premier alternative investments to advisors and their clients, we rely on a team of highly-motivated and experienced professionals who are truly passionate and knowledgeable about alternative investments and the industry," said Jon Sundt, President and CEO of Altegris. "Valentina Glaviano brings with her a deep and broad range of expertise and technical knowledge that will make her a valuable asset internally and, more importantly, to our many advisor clients."

Ms. Glaviano, CIMA, is an industry veteran with 25 years of experience in distribution strategy and management, business development, marketing and product development. She is also a recognized sales leader in the asset management industry and is particularly adept at foreseeing evolving trends in investor and advisor needs, as well as setting effective product, market and sales strategy to capitalize on those trends. Her background includes deep experience with a wide range of investment products--ETFs, ETNs, structured products, collective trusts, separate accounts, mutual funds and variable insurance products-- in addition to alternatives.

Most recently, Ms. Glaviano was Managing Director, Head of ETF and Trade-able Funds Distribution for Guggenheim Investments. Earlier in her career, she held a number of sales and management positions with iShares-Barclays Global Investors, Lazard Asset Management, Bankers Trust and Western Capital Financial Group.

Also new to the Altegris team is Christopher McCool, who assumes the position of Vice President, New England Regional Director. Mr. McCool was most recently Director of Sales with Bennett Group Financial Services in Boston, where he was responsible for the successful launch of a new series of mutual funds. Prior to that, he held positions with Eaton Vance Distributors and Fidelity Investments.

"We welcome the addition of Valentina Glaviano and Christopher McCool to our team of alternative investment specialized consultants and know they will be integral to our continued growth," said Dick Pfister, Global Head of Sales and Consulting for Altegris. "We're just as rigorous in finding individuals with an abundance of passion and talent as we are in finding the best alternative investment managers for our mutual funds and hedge funds. These new hires amply demonstrate our continuing commitment to meet the growing demand for alternative investments."

About AltegrisAltegris searches the world to find what we believe are the best alternative investments. Our suite of private funds, mutual funds and separately managed accounts provides an efficient solution for financial professionals and individuals seeking to improve portfolio diversification.

With one of the leading Research and Investment Groups focused solely on alternatives, Altegris follows a disciplined process for identifying, evaluating, selecting and monitoring investment talent across a spectrum of alternative strategies including managed futures, global macro, long/short equity, event-driven and others. Veteran experts in the art and science of alternatives, Altegris guide investors through the complex and often opaque universe of alternative investing.

Alternatives are in our DNA. Our very name, Altegris, highlights our singular focus on alternatives, the highest standards of integrity, and a process that constantly seeks to minimize investor risk while maximizing potential returns. We are 100% focused on alternatives, 100% of the time.

The Altegris Companies,* wholly owned subsidiaries of Genworth Financial, Inc., include Altegris Investments, Altegris Advisors, Altegris Funds, and Altegris Clearing Solutions. Altegris currently has approximately $3.27 billion in client assets, and provides clearing services to $955 million in institutional client assets.

* Altegris and its affiliates are subsidiaries of Genworth Financial, Inc. and are affiliated with Genworth Financial Wealth Management, Inc., and include: (1) Altegris Advisors, LLC, an SEC-registered investment adviser, CFTC-registered commodity pool operator, commodity trading advisor, and NFA member; (2) Altegris Investments, Inc., an SEC-registered broker-dealer and FINRA member; (3) Altegris Portfolio Management, Inc. (dba Altegris Funds), a CFTC-registered commodity pool operator, NFA member and SEC-registered investment adviser; and (4) Altegris Clearing Solutions, LLC, a CFTC-registered futures introducing broker and commodity trading advisor and NFA member. The Altegris Companies and their affiliates have a financial interest in the products they sponsor, advise and/or recommend, as applicable. Depending on the investment, the Altegris Companies and their affiliates and employees may receive sales commissions, a portion of management or incentive fees, investment advisory fees, 12b-1 fees or similar payment for distribution, a portion of commodity futures trading commissions, margin interest and other futures-related charges, fee revenue and/or advisory consulting fees.

Genworth Financial, Inc. GNW +0.76% is a leading Fortune 500 insurance holding company dedicated to helping people secure their financial lives, families and futures. Genworth has leadership positions in offerings that assist consumers in protecting themselves, investing for the future and planning for retirement--including life insurance, long-term care insurance, financial protection coverages and independent advisor-based wealth management--and mortgage insurance that helps consumers achieve home ownership while assisting lenders in managing their risk and capital.

Genworth has approximately 6,400 employees and operates through three divisions: Insurance and Wealth Management, which includes U.S. Life Insurance, Wealth Management, and International Protection segments; Mortgage Insurance, which includes U.S. and International Mortgage Insurance segments; and the Corporate and Runoff division. Its products and services are offered through financial intermediaries, advisors, independent distributors and sales specialists. Genworth Financial, Inc., which traces its roots back to 1871, became a public company in 2004 and is headquartered in Richmond, Virginia. For more information, visit genworth.com. From time to time, Genworth Financial, Inc. releases important information via postings on its corporate website. Accordingly, investors and other interested parties are encouraged to enroll to receive automatic email alerts and Really Simple Syndication (RSS) feeds regarding new postings. Enrollment information is found under the "Investors" section of genworth.com.