Systematic Trader Index For May 2014 Need help with terms? Monthly Rankings Show ranking for: January February March April May June July August September October November December 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993 1992 1991 1990 1989 1988 1987 1986 1985 1984 1983 1982 1981 1980 1979 1978 1977 Rank CTA/Program May 2014 Min Inv Inception 268 Future Trade AG Thales Swing Trading Programme -12.83 250k 6/1/2007 267 Silicon Valley Quantitative Advisors US Quantitative Portfolio (UQP) -11.08 200k 11/1/1999 266 Clarke Capital Management Global Magnum -10.31 100k 8/1/1997 265 Shield Plus LLC Shield Plus Natural Gas -8.42 50k 1/1/2004 264 Purple Valley Capital, Inc. Diversified Trend 1 -8.18 100k 8/1/2008 263 Clarke Capital Management Global Basic -7.76 50k 2/1/1996 262 Clarke Capital Management Millennium -7.36 1,000k 1/1/1998 261 Clarke Capital Management Worldwide -6.46 250k 1/1/1996 260 Sequoia Hill Capital Management SHCM British Pound AP -5.86 50k 8/1/2011 259 Global Vista Advisors, LLC Global Vista Options ("GVO") -5.64 50k 10/1/2010 258 HASAFUMA FX Momentum -5.24 20k 7/1/2012 257 ReSolve Asset Management Inc. Resolve Acorn Diversified Program -5.07 10k 7/1/2005 256 Quantum Leap Capital Management Managed Account Program -4.80 300k 8/1/2006 255 Emil van Essen EvE Systematic Global Opportunities -4.74 1,000k 9/1/2007 254 Romanesco Capital Management B.V Persistence Program -4.73 5,000k 9/1/2005 253 Dixon Midland Company LLC Dixon Midland Diversified LLC -4.52 250k 5/1/2011 252 Mulvaney Capital Management The Mulvaney Global Markets Fund -4.47 100k 5/1/1999 251 Alder Capital DAC Alder Global 20 -4.10 250k 2/1/2001 250 HASAFUMA Hedgehog -4.04 60k 5/1/2012 249 Auspice Capital Advisors Ltd Auspice Managed Futures Excess Return Index -3.97 5,000k 12/1/2010 248 Kinkopf Capital Management KCM S&P (Proprietary) -3.57 100k 1/1/1999 247 Briarwood Capital Management, Inc. Diversified 2XL -3.25 250k 11/1/2004 246 Tyche Capital Advisors LLC TCA Energy Spreads -3.24 100k 8/1/2008 245 FRP CAPITAL LLC FRP125+ -3.18 125k 1/1/2010 244 Tactical Investment Management Tactical Institutional Commodity Program -3.16 10,000k 4/1/1993 243 Rotella Capital Management Rotella Orion (Short-Term) Program -3.11 10,000k 3/1/2006 242 Auspice Capital Advisors Ltd Auspice Diversified Program -3.11 1,500k 4/1/2006 241 UNISystems Research Inc. Wall Street Program -3.08 20k 8/1/2011 240 Melissinos Trading Eupatrid Global Trends -3.00 50k 1/1/2011 239 NuWave Investment Management, LLC NuWave Investment Partners LP -2.94 250k 6/1/2001 238 NuWave Investment Management, LLC Combined Futures Portfolio -2.94 5,000k 6/1/2001 237 ALFAKRAFT ALFA Commodity Fund -2.89 16k 6/1/2010 236 RAM Management Group MRTP Aggressive -2.70 1,000k 2/1/1998 235 Deep Field Capital AG SINGULARITY Fund -2.64 100k 9/1/2011 234 John Locke Investments JL Commodity Long Flat Program -2.61 5,000k 12/1/2007 233 Superfund Group Superfund Green Gold A (SPC) -2.57 5k 10/1/2005 232 Hyman Beck and Company Global Portfolio -2.39 1,000k 3/1/1991 231 Zoi Capital, LLC Telio Program (Client) -2.34 200k 4/1/2010 230 DUNN Capital Management World Monetary and Agriculture Program (WMA) -2.33 100k 11/1/1984 229 Superfund Group Superfund Green Gold L.P. Series A-1 -2.24 5k 4/1/2009 228 MERIT Alternative Investments GmbH Futures Portfolio -2.21 2,000k 6/1/1998 227 Superfund Group Superfund Blue SPC Class A (Gold) -2.17 50k 12/1/2007 226 Claughton Capital ARP Institutional Program -2.13 1,000k 10/1/2005 225 DUNN Capital Management DUNN Combined Fund (DCF) -2.01 100k 5/1/1989 224 Alder Capital DAC Alder Global 10 -2.00 250k 10/1/2000 223 Strategic Capital Advisors LLC Multi-strategy Futures Program -1.93 3,000k 5/1/2010 222 Emil van Essen Spread Trading Program -1.83 5,000k 12/1/2006 221 Trigon Investment Advisors, LLC Foreign Exchange Program -1.77 5,000k 8/1/2000 220 Southwest Managed Investments, LLC Global Diversified -1.71 200k 1/1/2002 219 Superfund Group Superfund Green Gold B (SPC) -1.63 50k 10/1/2005 218 Camkay Capital Management LLC Stock Indices Short-Term -1.62 100k 3/1/2012 217 Altus Trading, LLC Managed Forex Program A -1.45 50k 8/1/2011 216 Briarwood Capital Management, Inc. Diversified Trading Program -1.43 3,000k 7/1/2001 215 Mehnert Capital Management, LLC DTP (Client) -1.33 1,000k 3/1/2012 214 Gladius Asset Management Fulham Program -1.33 2,000k 1/1/2008 213 Systematic Alpha Management Systematic Alpha Futures Program -1.30 100k 6/1/2004 212 Clarke Capital Management Jupiter -1.29 3,000k 5/1/2005 211 Robust Methods LLC Macro Managed Account -1.20 5,000k 1/1/2005 210 Superfund Group Superfund Green Gold L.P. Series B-1 -1.10 5k 4/1/2009 209 Galaxy Asset Management (HK) Ltd Galaxy Quantitative Fund -1.02 100k 5/1/2011 208 Manning & Napier MN Xenon Global Fixed Income (2x) Program -1.01 1,000k 5/1/2010 207 SMN Investment Services GmbH smn Diversified Futures Fund (1996) -0.95 0k 11/1/1996 206 White Indian Trading Co. SCS Interest Rate Program (Client) -0.94 250k 8/1/2011 205 JLC Futures Management Company JLC Managed Futures Fund I, LP. -0.94 100k 8/1/2009 204 Madison Park Capital Partners, LLC MPCP Sentiment Trading Fund -0.90 350k 8/1/2011 203 Dominion Capital Sapphire Program -0.86 3,000k 5/1/2005 202 Lembros Commodity Advisors LLC LCA 30 -0.86 30k 7/1/2011 201 Sequent Capital Sequent CTA - Fundamental Diversified (V12) -0.85 5,000k 1/1/2005 200 RAM Management Group RAM MRTP 1X-Conservative -0.84 1,000k 9/1/1993 199 Gregory P Asset Management LLC Seasonal Spread and Options Strategy -0.81 50k 9/1/2009 198 Altitude Principle Advisory Limited Noho Capital - Managed Futures on Asian Equity Indices - Intraday -0.76 5,000k 5/1/2011 197 Ancile Capital Management Global Markets Program -0.71 2,000k 4/1/2005 196 W.G. Wealth Guardian Ltd. SAFI2 Program (SAFI2) -0.68 1,000k 9/1/1997 195 Alee Capital Management, LLC Poniente Program -0.66 2,500k 1/1/1999 194 Superfund Group Superfund Green Gold C (SPC) -0.66 100k 10/1/2005 193 Metolius Capital LLC Metolius Diversified -0.65 100k 6/1/2010 192 Quantis Asset Management Intraday Futures -0.63 250k 1/1/2010 191 Witter & Lester, Inc. Stock Index Futures Trading Program -0.60 400k 1/1/1988 190 Amplitude Capital International Limited Dynamic Strategy -0.60 6/1/2005 189 Mesirow Financial Investment Management, Inc. Extended Markets Alpha Program -0.60 10,000k 4/1/2004 188 Mondiale Asset Management Mondiale Trading Program -0.54 0k 9/1/1997 187 Mark J. Walsh Company Standard Program -0.53 2,000k 9/1/1985 186 Wavefront Global Asset Management IMFC Global Concentrated -0.50 500k 4/1/2009 185 Quantmetrics Capital Management LLP Premier 12V Strategy -0.47 10,000k 4/1/2003 184 Revolution Capital Management Mosaic Program -0.46 10,000k 10/1/2006 183 IKOS IKOS FX Fund -0.45 1,000k 3/1/2008 182 Rabar Market Research Short-Term Program -0.43 2,000k 11/1/2009 181 GOLDENWATER CAPITAL LTD GOLDENWATER FUND LTD -0.43 150k 1/1/2011 180 Mobius Asset Management Energy Weighted Program -0.40 250k 1/1/2005 179 Hawksbill Capital Management Global Diversified -0.39 5,000k 11/1/1988 178 FCI Capital Management TSFX2 -0.38 20k 1/1/2012 177 Brock Thompson Trading, LLC Brock Thompson Trend Trading Program -0.37 100k 1/1/2012 176 Covenant Capital Management Aggressive Program -0.37 3,000k 2/1/2004 175 TRYCON G.C.M. AG TRYCON CI Global Futures Fund HAIG, Class BI -0.37 75k 6/1/2007 174 Quantitative Investment Management Quantitative Global Program -0.36 20,000k 10/1/2003 173 ALFAKRAFT ALFA Rubicon Fund -0.34 16k 8/1/2011 172 Abraham Trading Company Diversified Program -0.34 10,000k 1/1/1988 171 Covenant Capital Management Original Program -0.33 5,000k 9/1/1999 170 Quantis Asset Management Ulysses Futures -0.27 1,000k 7/1/2009 169 AIMhedge Management Ltd. AIM Classic Fund EUR (Institutional) -0.19 100k 1/1/2005 168 Vantage Capital Management VCM Growth Program -0.17 100k 1/1/2011 167 Blake Capital Management, Inc. SRD Energies -0.15 100k 8/1/2011 166 Manning & Napier MN Xenon Global Fixed Income Program -0.13 2,000k 8/1/2004 165 Revolution Capital Management Mosaic Institutional Program -0.12 25,000k 9/1/2009 164 Mobius Asset Management Diversified Program -0.08 250k 3/1/2004 163 Jaguar Investments Ltd Vario Capital Strategy -0.07 1,000k 5/1/2016 162 Saxon Investment Corporation Aggressive Diversified Program -0.04 2,000k 11/1/1993 161 Quantis Asset Management PFM Systematic -0.01 15k 5/1/2010 160 SinoPac Asset Management SinoPac Multi Strategy Quant Fund -0.01 250k 10/1/2009 150 Rivoli Fund Management Rivoli International Fund (E) 0.00 5,000k 10/1/1996 151 Rivoli Fund Management Rivoli International Fund (V9) 0.00 5,000k 1/1/2002 152 Commodity Strategies AG CSAG Active Long Short Commodity Program 0.00 5,000k 10/1/2007 149 Cranwood Capital Management Cranwood International Fund 0.00 250k 4/1/2008 159 Arcanum Asset Management Equity Index Option Program (Prop) 0.00 500k 7/1/2006 157 ACE Investment Strategists Energy Sector Hybrid Approach (ESHA) 0.00 20k 4/1/2011 158 ACE Investment Strategists Multi-Market Hybrid Approach (MMHA) 0.00 100k 1/1/2011 155 Cranwood Capital Management Fixed Income Arbitrage Fund 0.00 250k 4/1/2008 156 Insch Capital Management SA Interbank Currency Program - 3X Leverage 0.00 100k 1/1/2000 153 Global Domain Partners, LLC Global Domain Vector Fund - Series A 0.00 500k 1/1/2006 154 Gap Partners LLC Gap 0.00 250k 11/1/2009 148 Ion Asset Architecture Ion Fund Program 0.01 10,000k 11/1/2007 147 Ion Asset Architecture (Fund Program) Ion Fund 0.01 100k 11/1/2007 146 Saxon Investment Corporation Diversified Program 0.02 3,000k 9/1/1988 145 Hoss Capital Management, LLC Hoss Agricultural Futures Program 0.04 100k 8/1/2011 144 M.S. Capital Management Global Diversified Program 0.05 2,000k 11/1/1998 143 Diamond Peak Capital LLC Northstar (2x) program 0.07 250k 10/1/2008 142 Parizek Capital Currency Program 0.08 1,000k 4/1/2006 141 Alee Capital Management, LLC Mistral Program 0.08 2,500k 1/1/1999 140 Revolution Capital Management Alpha Program 0.09 5,000k 6/1/2007 139 Mobius Asset Management Custom Trading Program 0.10 100k 1/1/2002 138 Trigon Investment Advisors, LLC Global Macro Program (LIQUIDATED as of July 31, 2017) 0.10 10,000k 1/1/2001 137 Blake Capital Management, Inc. SRD Short Equities 0.11 100k 1/1/2011 136 Superfund Group Superfund Blue SPC Class A (EUR) 0.13 50k 4/1/2005 135 Molinero Capital Management LLP Global Markets Program 0.14 2,000k 7/1/2005 134 Manning & Napier MN Xenon Managed Futures (2x) Program 0.16 5,000k 6/1/2006 133 Rhicon Currency Management Rhicon Systematic Currency Program 0.16 3,000k 1/1/2004 132 Wavefront Global Asset Management IMFC Global Investment Program 0.18 2,000k 2/1/2007 131 IMC Asset Management IMC Quantitative Indicator Fund (QIF) 0.25 100k 1/1/2012 130 IKOS IKOS Futures Fund 0.29 1,000k 2/1/2010 129 Revolution Capital Management Alpha Fund 0.30 50k 1/1/2005 128 Endeavour Capital LLP Endeavour Pembroke 0.31 2,000k 7/1/2007 127 Strategic Capital Advisors LLC Contrarian 500 0.35 500k 12/1/2003 126 Typhon Capital Management, LLC Proteus Dynamic Volatility Program 0.35 250k 10/1/2011 125 Esulep LLC MAX Esulep LLC MAX 0.35 500k 5/1/2008 124 FCI Capital Management TSFX1 0.36 20k 11/1/2010 123 ALFAKRAFT ALFA Edge Fund 0.44 16k 12/1/2011 122 Ion Asset Architecture Ion Volium Fund 0.46 0k 4/1/2011 121 DUNN Capital Management D'Best Futures Fund, L.P. 0.48 100k 6/1/1994 120 HiProb Trading Technology LLC HiProb-I 0.51 5,000k 7/1/2008 119 Witter & Lester, Inc. Redstone 0.55 500k 9/1/1994 118 Rabar Market Research Diversified Program 0.59 2,000k 1/1/1989 117 Huygens Capital LLC Navigator 0.64 1,000k 2/1/2012 116 Pinstripe Trading, LLC Standard 0.65 125k 8/1/2009 115 Xplor Capital Management, LLC Global CTA Program 0.66 1,500k 7/1/2004 114 AllMountain Capital AG Mount Denali Global Trends 0.66 160k 7/1/2007 113 EMC Capital Advisors, LLC Classic 0.71 5,000k 1/1/1985 112 IKOS The IKOS Hedge Fund 0.75 10,000k 7/1/1998 111 Red Rock Capital, LLC Systematic Global Macro 0.76 500k 9/1/2003 110 Conquest Capital Group Conquest Select 0.83 250k 6/1/2004 109 Bifrost Quest Capital LLC IndexQuest (Client) 0.85 500k 11/1/2011 108 Chesapeake Capital Diversified (LV) 0.88 100k 2/1/1988 107 Futures Truth Company, FTC-CTA MS4 0.89 250k 10/1/2007 106 Global Sigma Group, LLC AGSF 0.89 3,000k 4/1/2013 105 Millburn Ridgefield Corporation Commodity Program 0.90 25,000k 3/1/2005 104 Conquest Capital Group Conquest Macro 1.22 250k 5/1/1999 103 Non Correlated Capital Positive Theta Fund 1.28 50k 10/1/2007 102 Non Correlated Capital Positive Theta Program 1.28 250k 10/1/2007 101 Kaiser Trading Group Kaiser Global Diversified Program - Class B 1.29 1,000k 3/1/1998 100 Quantica Capital AG Quantica Managed Futures 1.30 5,000k 1/1/2005 99 Cauldron Investments, LLC Stock Index Plus 1.30 1,000k 10/1/2009 98 John Locke Investments Cyril Systematic Program 1.33 8,000k 7/1/2000 97 Spectrum Asset Management LLC Global Diversified 1.35 2,000k 1/1/2001 96 Turning Wheel Capital, Inc. Pure Alpha 1.37 10,000k 1/1/2012 95 Superfund Group Superfund Green Q-AG 1.41 2k 3/1/1996 94 Liberty Funds Group, Inc Liberty Wealth Protection Strategy (1X) 1.42 1,500k 1/1/2009 93 TRYCON G.C.M. AG Tungsten TRYCON AI Global Markets, Class C (UCITS IV) 1.43 100k 2/1/2010 92 Crescent Bay Capital Management Premium Stock Index Program 1.45 10k 10/1/2005 91 Hehmeyer Capital Management, LLC Hehmeyer Systematic Treasury & Equity Strategy 1.51 250k 3/1/2010 90 Crabel Capital Management Crabel Multi-Product 1.53 1,000k 3/1/1998 89 White Indian Trading Co. SCS Program (Client) 1.55 250k 2/1/2011 88 Superfund Group Superfund Green L.P. Series A 1.58 5k 10/1/2002 87 Crabel Capital Management WPD Crabel Futures Program 1.59 1,000k 7/1/2008 86 Winton Capital Management Diversified 1.68 50,000k 10/1/1997 85 Altradis Capital AG AlphAlgo 1.73 100k 5/1/2007 84 Auctos Capital Management Auctos Global Diversified 1.73 3,000k 11/1/2007 83 Northfield Trading Diversified 1.76 2,000k 7/1/1989 82 White Indian Trading Co. STAIRS - Futures Program (Client) 1.77 250k 10/1/2008 81 Eckhardt Trading Company Evolution Strategies 1.77 20,000k 8/1/1991 80 Cardwell Investment Technologies Cardwell Investment Technologies 1x Program 1.78 4,000k 11/1/2008 79 Quantmetrics Capital Management LLP Quantmetrics Multi Strategy Fund 1.81 1,000k 5/1/2006 78 IStar Capital B.V. IStar Systematic Fund 1.84 1,000k 9/1/2011 77 White Indian Trading Co. STAIRS (Client) 1.85 250k 5/1/2009 76 1OAK Capital Limited ACORN Commodity 1.89 5,000k 5/1/2012 75 Eckhardt Trading Company Evolution Strategies 1.2X 1.90 10,000k 10/1/1991 74 T2 ASSOCIATES, INC. T2 Associates Contrary #1 Pool 1.93 25k 4/1/2010 73 Double Helix Capital Management Double Helix 2.03 50k 1/1/2012 72 Adamah Capital LLC Asset Allocator Program 2.10 50k 3/1/2011 71 Transtrend B.V. DTP – Standard Risk (EUR) 2.23 10,000k 2/1/1999 70 Superfund Group Superfund Green GCT USD 2.28 15k 1/1/2000 69 AIS Capital Management, L.P. Frontera Global Opportunity Program (futures only) 2.32 10,000k 8/1/2009 68 Superfund Group Superfund Green L.P. Series B 2.38 5k 10/1/2002 67 QMS Capital Management LP QMS Diversified Global Macro Strategy 2.40 5,000k 6/1/2010 66 Estlander & Partners Alpha Trend 2.43 30,000k 10/1/1991 65 Quantmetrics Capital Management LLP Directional 10V Strategy 2.46 10,000k 1/1/2007 64 Quantica Capital AG Quantica Diversified FX 2.50 5,000k 3/1/2007 63 Salus Alpha Capital Ltd Salus Alpha Directional Markets (DMX) 2.54 1,000k 3/1/2003 62 Diamond Capital Management Enhanced S&P Program 2.57 100k 10/1/2009 61 Sequoia Hill Capital Management SHCM Gold AP 2.63 140k 5/1/2012 60 Kaiser Trading Group Kaiser Trading Fund 2X SPC - Share Class B 2.64 1,000k 10/1/2006 59 Clarke Capital Management FX Plus 2.66 1,000k 5/1/2004 58 Global Domain Partners, LLC Global Domain Vector Fund - Series Sigma 2.68 500k 4/1/2009 57 Futures Truth Company, FTC-CTA 200K Options Strategy 2.68 200k 12/1/2009 56 Mesirow Financial Investment Management, Inc. Emerging Markets Currency Alpha Programme 2.69 10,000k 2/1/2008 55 Parizek Capital Futures Trading Program 2.74 500k 4/1/2000 54 Millburn Ridgefield Corporation Multi-Markets Program 2.77 25,000k 10/1/2004 53 Blackwater Capital Management Global Program 2.78 5,000k 7/1/2005 52 Wimmer Horizon LLP Managed Account 2.78 5,000k 5/1/2005 51 Amplitude Capital International Limited Amplitude Sinfonie Fund A Class 2.79 1,000k 9/1/2009 50 Liberty Funds Group, Inc Liberty Wealth Protection Fund 2.81 250k 10/1/2009 49 Blackheath Fund Management Inc. Blackheath Volatility Arbitrage Fund, LP Class A 2.82 100k 10/1/2010 48 IDS Capital IDS F&F Systematic Trading 2.83 50k 7/1/2013 47 Rotella Capital Management Rotella Polaris Program (Diversified) 2.86 10,000k 1/1/1991 46 Somers Brothers Capital Diversified Futures Program #1 2.97 100k 1/1/2005 45 FORT LP Fort Global Contrarian 3.05 2,000k 10/1/2002 44 Lynx Asset Management AB Lynx Program 3.09 75k 5/1/2000 43 Estlander & Partners Global Markets 3.16 10,000k 8/1/1999 42 Millburn Ridgefield Corporation Diversified Program 3.21 20,000k 2/1/1977 41 Brandywine Asset Management Brandywine Symphony Preferred Fund, LP 3.22 100k 7/1/2011 40 Transtrend B.V. DTP – Enhanced Risk (USD) 3.33 10,000k 1/1/1995 39 SEB Asset Management SEB Asset Selection Fund C (EUR) 3.39 1k 10/1/2006 38 Heyden & Steindl GmbH TOMAC2 3.44 5,000k 3/1/2003 37 Superfund Group Superfund Green Master 3.49 2,000k 5/1/2001 36 Neural Capital Ltd Sentinel Trading Program 3.50 2,000k 1/1/2006 35 GLOBIVEST LLC Alpha Program 3.50 50k 4/1/2009 34 Transtrend B.V. DTP – Enhanced Risk (JPY) 3.51 10,000k 8/1/2004 33 Soaring Pelican, LLC Diversified S&P Program 3.54 100k 1/1/2011 32 Global Bayesian Dynamics, LLC Multi-Strategy Client Composite 3.62 25,000k 3/1/2010 31 ROW Asset Managment Row Currency Program 3.66 1,000k 11/1/2010 30 Wraith Capital LLP Wraith Dynamic Futures Fund 3.78 100k 1/1/2011 29 ISAM ISAM Systematic Trend Fund 3.86 1,000k 6/1/2001 28 Transtrend B.V. DTP – Enhanced Risk (EUR) 3.88 10,000k 8/1/1999 27 Estlander & Partners Freedom 3.97 20,000k 8/1/2010 26 FTC Capital GmbH FTC Global Diversified 4.11 0k 3/1/2012 25 ROW Asset Managment Row Diversified Fund, L.P. 4.12 1,000k 11/1/2011 24 Robinson-Langley Capital Management, LLC Managed Account Program 4.20 200k 1/1/2007 23 Liberty Funds Group, Inc Liberty Diversified Option Strategy 4.20 750k 1/1/2009 22 Eclipse Capital Management Global Monetary 4.36 5,000k 8/1/1990 21 Keck Capital Management LLC The Keck Program 4.40 2,000k 12/1/2003 20 FORT LP Fort Global Diversified 4.41 2,000k 10/1/1993 19 Dendrich Ltd QEP 4.42 50k 12/1/2005 18 Pacific Capital Advisors Vanguard Program 4.47 100k 4/1/2007 17 SCT Capital Management The Adaptive Quant Trading (AQT) Program 4.53 10,000k 8/1/2009 16 Seven Capital Management Seven Absolute Return 4.58 100k 6/1/2009 15 Angle Capital Management LLC AIP Program 4.67 100k 1/1/2010 14 QCM Global Diversified Programme 4.92 500k 12/1/1995 13 Welton Investment Partners Welton Global 5.17 10,000k 6/1/2004 12 HB Capital Management Inc. Diversified Program 5.25 50k 3/1/2008 11 Drury Capital Diversified Trend-Following Program 5.72 5,000k 5/1/1997 10 Ramsey Quantitative Systems Inc RQSI Systematic Global Macro Fund 5.77 5,000k 11/1/2012 9 Cardwell Investment Technologies Cardwell Investment Technologies 3x Program 5.78 4,000k 2/1/2011 8 Rho Asset Management Rho Altius 1XL Program 6.00 5,000k 11/1/2007 7 QCM Alpha Financials Program 6.24 10,000k 6/1/2012 6 Estlander & Partners Global XL 6.34 5,000k 8/1/1991 5 Serac, LLC Diversified Reversal Program 6.67 200k 4/1/2011 4 Kelly Angle Inc. Genesis Program 6.98 2,000k 4/1/2000 3 Dreiss Research Corporation Diversified Program 6.98 1,000k 5/1/1991 2 Estlander & Partners Alpha Trend II - Class P 7.90 100k 12/1/2008 1 QQFund.com QQFund.com Alpha Beta Program 21.89 100k 9/1/2008 Past performance is not necessarily indicative of future results. The risk of loss in trading commodity futures, options, and foreign exchange ("forex") is substantial. IASG indexes are generated daily based on CTA manager supplied sector focus, investment strategy and performance. To participate in the IASG index, a program must have a minimum track record of 3 year's performance. Other indexes require a minimum two year track record. Strategy based indexes require the program's composition be more than 50% of the specific strategy. It is not possible for an investor to invest in any of the IASG indexes.