Systematic Trader Index For December 2012 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 Dec 2012 Min Inv Inception 266 Conquest Capital Group Conquest Macro -5.97 250k 5/1/1999 265 Melissinos Trading Eupatrid Global Trends -5.81 50k 1/1/2011 264 Robinson-Langley Capital Management, LLC Managed Account Program -4.75 200k 1/1/2007 263 Galaxy Asset Management (HK) Ltd Galaxy Quantitative Fund -4.43 100k 5/1/2011 262 Revolution Capital Management Mosaic Program -4.06 10,000k 10/1/2006 261 HB Capital Management Inc. Diversified Program -4.01 50k 3/1/2008 260 Superfund Group Superfund Blue SPC Class A (Gold) -3.71 50k 12/1/2007 259 Huygens Capital LLC Navigator -3.38 1,000k 2/1/2012 258 GOLDENWATER CAPITAL LTD GOLDENWATER FUND LTD -2.82 150k 1/1/2011 257 Mobius Asset Management Custom Trading Program -2.75 100k 1/1/2002 256 RAM Management Group MRTP Aggressive -2.67 1,000k 2/1/1998 255 Chesapeake Capital Diversified (LV) -2.52 100k 2/1/1988 254 Global Vista Advisors, LLC Global Vista Options ("GVO") -2.48 50k 10/1/2010 253 SMN Investment Services GmbH smn Diversified Futures Fund (1996) -2.36 0k 11/1/1996 252 Typhon Capital Management, LLC Proteus Dynamic Volatility Program -2.31 250k 10/1/2011 251 Paskewitz Asset Management LLC Multi-strategy Futures Program -2.25 3,000k 5/1/2010 250 TRYCON G.C.M. AG TRYCON CI Global Futures Fund HAIG, Class BI -2.10 75k 6/1/2007 249 HASAFUMA Börstjänaren Hedgehog -2.08 60k 5/1/2012 248 Crabel Capital Management WPD Crabel Futures Program -2.01 1,000k 7/1/2008 247 ALFAKRAFT ALFA Rubicon Fund -1.98 16k 8/1/2011 246 ReSolve Asset Management Inc. Resolve Acorn Diversified Program -1.98 10k 7/1/2005 245 Commodity Strategies AG CSAG Active Long Short Commodity Program -1.94 5,000k 10/1/2007 244 Millburn Ridgefield Corporation Commodity Program -1.84 25,000k 3/1/2005 243 Shield Plus LLC Shield Plus Natural Gas -1.74 50k 1/1/2004 242 White Indian Trading Co. STAIRS - Futures Program (Client) -1.73 250k 10/1/2008 241 QQFund.com QQFund.com Alpha Beta Program -1.71 100k 9/1/2008 240 Witter & Lester, Inc. Stock Index Futures Trading Program -1.69 400k 1/1/1988 239 Revolution Capital Management Mosaic Institutional Program -1.59 25,000k 9/1/2009 238 White Indian Trading Co. STAIRS (Client) -1.55 250k 5/1/2009 237 NuWave Investment Management, LLC Combined Futures Portfolio -1.51 5,000k 6/1/2001 236 Somers Brothers Capital Diversified Futures Program #1 -1.48 100k 1/1/2005 235 NuWave Investment Management, LLC NuWave Investment Partners LP -1.46 250k 6/1/2001 234 Clarke Capital Management Millennium -1.45 1,000k 1/1/1998 233 Parizek Capital Currency Program -1.43 1,000k 4/1/2006 232 Auspice Capital Advisors Ltd Auspice Managed Futures Excess Return Index -1.38 5,000k 12/1/2010 231 Dendrich Ltd QEP -1.37 50k 12/1/2005 230 Dominion Capital Sapphire Program -1.35 3,000k 5/1/2005 229 Hehmeyer Capital Management, LLC Hehmeyer Systematic Treasury & Equity Strategy -1.34 250k 3/1/2010 228 John Locke Investments JL Commodity Long Flat Program -1.29 5,000k 12/1/2007 227 Rhicon Currency Management Rhicon Systematic Currency Program -1.27 3,000k 1/1/2004 226 UNISystems Research Inc. Wall Street Program -1.23 20k 8/1/2011 225 Red Rock Capital, LLC Systematic Global Macro -1.14 500k 9/1/2003 224 Hoss Capital Management, LLC Hoss Agricultural Futures Program -1.10 100k 8/1/2011 223 Kaiser Trading Group Kaiser Trading Fund 2X SPC - Share Class B -1.08 1,000k 10/1/2006 222 Lynx Asset Management AB Lynx Program -0.97 75k 5/1/2000 221 SinoPac Asset Management SinoPac Multi Strategy Quant Fund -0.96 250k 10/1/2009 220 RAM Management Group RAM MRTP 1X-Conservative -0.93 1,000k 9/1/1993 219 DUNN Capital Management DUNN Combined Fund (DCF) -0.90 100k 5/1/1989 218 Wimmer Horizon LLP Managed Account -0.84 5,000k 5/1/2005 217 Hawksbill Capital Management Global Diversified -0.82 5,000k 11/1/1988 216 Saxon Investment Corporation Aggressive Diversified Program -0.81 2,000k 11/1/1993 215 FRP CAPITAL LLC FRP125+ -0.78 125k 1/1/2010 214 QCM Global Diversified Programme -0.76 500k 12/1/1995 213 ALFAKRAFT ALFA Commodity Fund -0.74 16k 6/1/2010 212 Quantmetrics Capital Management LLP Quantmetrics Multi Strategy Fund -0.66 1,000k 5/1/2006 211 Alee Capital Management, LLC Mistral Program -0.65 2,500k 1/1/1999 210 ROW Asset Managment Row Diversified Fund, L.P. -0.64 1,000k 11/1/2011 209 Auctos Capital Management Auctos Global Diversified -0.64 3,000k 11/1/2007 208 Ion Asset Architecture (Fund Program) Ion Fund -0.62 100k 11/1/2007 207 Welton Investment Partners Welton Global -0.62 10,000k 6/1/2004 206 Ion Asset Architecture Ion Fund Program -0.62 10,000k 11/1/2007 205 Futures Truth Company, FTC-CTA MS4 -0.62 250k 10/1/2007 204 Global Bayesian Dynamics, LLC Multi-Strategy Client Composite -0.59 25,000k 3/1/2010 203 Quantis Asset Management Intraday Futures -0.57 250k 1/1/2010 202 Kinkopf Capital Management KCM S&P (Proprietary) -0.56 100k 1/1/1999 201 TRYCON G.C.M. AG Tungsten TRYCON AI Global Markets, Class C (UCITS IV) -0.53 100k 2/1/2010 200 SCT Capital Management The Adaptive Quant Trading (AQT) Program -0.50 10,000k 8/1/2009 199 GLOBIVEST LLC Alpha Program -0.48 50k 4/1/2009 198 Saxon Investment Corporation Diversified Program -0.48 3,000k 9/1/1988 197 Altitude Principle Advisory Limited Noho Capital - Managed Futures on Asian Equity Indices - Intraday -0.48 5,000k 5/1/2011 196 Mobius Asset Management Energy Weighted Program -0.40 250k 1/1/2005 195 Mobius Asset Management Diversified Program -0.40 250k 3/1/2004 194 Quantmetrics Capital Management LLP Premier 12V Strategy -0.40 10,000k 4/1/2003 193 Mesirow Financial Investment Management, Inc. Extended Markets Alpha Program -0.39 10,000k 4/1/2004 192 Quantica Capital AG Quantica Managed Futures -0.39 5,000k 1/1/2005 191 Kaiser Trading Group Kaiser Global Diversified Program - Class B -0.35 1,000k 3/1/1998 190 Robust Methods LLC Macro Managed Account -0.34 5,000k 1/1/2005 189 FTC Capital GmbH FTC Global Diversified -0.32 0k 3/1/2012 188 Endeavour Capital LLP Endeavour Pembroke -0.29 2,000k 7/1/2007 187 HASAFUMA FX Momentum -0.27 20k 7/1/2012 186 ROW Asset Managment Row Currency Program -0.27 1,000k 11/1/2010 185 1OAK Capital Limited ACORN Commodity -0.22 5,000k 5/1/2012 184 Deep Field Capital AG SINGULARITY Fund -0.21 100k 9/1/2011 183 Tactical Investment Management Tactical Institutional Commodity Program -0.19 10,000k 4/1/1993 182 Amplitude Capital International Limited Klassik Strategy -0.17 1,000k 9/1/2009 181 Quantmetrics Capital Management LLP Directional 10V Strategy -0.15 10,000k 1/1/2007 180 ISAM ISAM Systematic Trend Fund -0.14 1,000k 6/1/2001 179 Diamond Capital Management Enhanced S&P Program -0.14 100k 10/1/2009 178 Blake Capital Management, Inc. SRD Short Equities -0.13 100k 1/1/2011 177 Revolution Capital Management Alpha Fund -0.11 50k 1/1/2005 176 Liberty Funds Group, Inc Liberty Diversified Option Strategy -0.09 750k 1/1/2009 175 Sequoia Hill Capital Management SHCM Gold AP -0.08 140k 5/1/2012 174 Eckhardt Trading Company Evolution Strategies -0.07 20,000k 8/1/1991 173 Gap Partners LLC Gap -0.07 250k 11/1/2009 172 Blake Capital Management, Inc. SRD Energies -0.07 100k 8/1/2011 171 Double Helix Capital Management Double Helix -0.06 50k 1/1/2012 170 Revolution Capital Management Alpha Program -0.05 5,000k 6/1/2007 169 Quantis Asset Management PFM Systematic -0.05 15k 5/1/2010 168 Manning & Napier MN Xenon Global Fixed Income Program -0.03 2,000k 8/1/2004 167 Eckhardt Trading Company Evolution Strategies 1.2X -0.03 10,000k 10/1/1991 163 Arcanum Asset Management Equity Index Option Program (Prop) 0.00 500k 7/1/2006 164 Sequoia Hill Capital Management SHCM British Pound AP 0.00 50k 8/1/2011 165 Mehnert Capital Management, LLC DTP (Client) 0.00 1,000k 3/1/2012 166 IKOS IKOS FX Fund 0.00 1,000k 3/1/2008 162 Bifrost Quest Capital LLC IndexQuest (Client) 0.02 500k 11/1/2011 161 Rabar Market Research Diversified Program 0.03 2,000k 1/1/1989 160 Manning & Napier MN Xenon Global Fixed Income (2x) Program 0.04 1,000k 5/1/2010 159 Seven Capital Management Seven Absolute Return 0.04 100k 6/1/2009 158 Amplitude Capital International Limited Amplitude Sinfonie Fund A Class 0.09 1,000k 9/1/2009 157 IKOS IKOS Futures Fund 0.09 1,000k 2/1/2010 156 Serac, LLC Diversified Reversal Program 0.10 200k 4/1/2011 155 Pacific Capital Advisors Vanguard Program 0.11 100k 4/1/2007 154 Ion Asset Architecture Ion Volium Fund 0.11 0k 4/1/2011 153 Cauldron Investments, LLC Stock Index Plus 0.16 1,000k 10/1/2009 152 Kelly Angle Inc. Genesis Program 0.16 2,000k 4/1/2000 151 Diamond Peak Capital LLC Northstar (2x) program 0.20 250k 10/1/2008 150 Systematic Alpha Management Systematic Alpha Futures Program 0.20 100k 6/1/2004 149 AIS Capital Management, L.P. Frontera Global Opportunity Program (futures only) 0.25 10,000k 8/1/2009 148 Brock Thompson Trading, LLC Brock Thompson Trend Trading Program 0.27 100k 1/1/2012 147 Emil van Essen Spread Trading Program 0.27 5,000k 12/1/2006 146 M.S. Capital Management Global Diversified Program 0.27 2,000k 11/1/1998 145 Turning Wheel Capital, Inc. Pure Alpha 0.28 10,000k 1/1/2012 144 Quantica Capital AG Quantica Diversified FX 0.29 5,000k 3/1/2007 143 IKOS The IKOS Hedge Fund 0.30 10,000k 7/1/1998 142 MERIT Alternative Investments GmbH Futures Portfolio 0.32 2,000k 6/1/1998 141 Vantage Capital Management VCM Growth Program 0.34 100k 1/1/2011 140 Gregory P Asset Management LLC Seasonal Spread and Options Strategy 0.35 50k 9/1/2009 139 Xplor Capital Management, LLC Global CTA Program 0.36 1,500k 7/1/2004 138 Future Trade AG Thales Swing Trading Programme 0.36 250k 6/1/2007 137 Cranwood Capital Management Fixed Income Arbitrage Fund 0.37 250k 4/1/2008 136 Superfund Group Superfund Green Gold A (SPC) 0.37 5k 10/1/2005 135 Transtrend B.V. DTP – Standard Risk (EUR) 0.37 10,000k 2/1/1999 134 Cranwood Capital Management Cranwood International Fund 0.37 250k 4/1/2008 133 Estlander & Partners Alpha Trend 0.38 30,000k 10/1/1991 132 Manning & Napier MN Xenon Managed Futures (2x) Program 0.39 5,000k 6/1/2006 131 Adamah Capital LLC Asset Allocator Program 0.40 50k 3/1/2011 130 Witter & Lester, Inc. Redstone 0.40 500k 9/1/1994 129 Jaguar Investments Ltd Vario Capital Strategy 0.41 1,000k 5/1/2016 128 Sequent Capital Sequent CTA - Fundamental Diversified (V12) 0.43 5,000k 1/1/2005 127 Wavefront Global Asset Management IMFC Global Concentrated 0.44 500k 4/1/2009 126 Parizek Capital Futures Trading Program 0.47 500k 4/1/2000 125 Blackheath Fund Management Inc. Blackheath Volatility Arbitrage Fund, LP Class A 0.48 100k 10/1/2010 124 Global Domain Partners, LLC Global Domain Vector Fund - Series A 0.48 500k 1/1/2006 123 Transtrend B.V. DTP – Enhanced Risk (USD) 0.50 10,000k 1/1/1995 122 Transtrend B.V. DTP – Enhanced Risk (EUR) 0.52 10,000k 8/1/1999 121 Superfund Group Superfund Blue SPC Class A (EUR) 0.54 50k 4/1/2005 120 IMC Asset Management IMC Quantitative Indicator Fund (QIF) 0.55 100k 1/1/2012 119 Transtrend B.V. DTP – Enhanced Risk (JPY) 0.58 10,000k 8/1/2004 118 Rabar Market Research Short-Term Program 0.59 2,000k 11/1/2009 117 IDS Capital IDS F&F Systematic Trading 0.60 50k 7/1/2013 116 HiProb Trading Technology LLC HiProb-I 0.60 5,000k 7/1/2008 115 Salus Alpha Capital Ltd Salus Alpha Directional Markets (DMX) 0.62 1,000k 3/1/2003 114 Esulep LLC MAX Esulep LLC MAX 0.63 500k 5/1/2008 113 Wavefront Global Asset Management IMFC Global Investment Program 0.63 2,000k 2/1/2007 112 Abraham Trading Company Diversified Program 0.64 10,000k 1/1/1988 111 Pinstripe Trading, LLC Standard 0.68 125k 8/1/2009 110 Zoi Capital, LLC Telio Program (Client) 0.71 200k 4/1/2010 109 Wraith Capital LLP Wraith Dynamic Futures Fund 0.71 100k 1/1/2011 108 Spectrum Asset Management LLC Global Diversified 0.75 2,000k 1/1/2001 107 Mulvaney Capital Management The Mulvaney Global Markets Fund 0.76 100k 5/1/1999 106 Amplitude Capital International Limited Dynamic Strategy 0.80 6/1/2005 105 Estlander & Partners Alpha Trend II - Class P 0.88 100k 12/1/2008 104 Estlander & Partners Global Markets 0.89 10,000k 8/1/1999 103 Dixon Midland Company LLC Dixon Midland Diversified LLC 0.89 250k 5/1/2011 102 Claughton Capital Institutional Program 0.92 1,000k 10/1/2005 101 JLC Futures Management Company JLC Managed Futures Fund I, LP. 0.95 100k 8/1/2009 100 Rotella Capital Management Rotella Orion (Short-Term) Program 0.96 10,000k 3/1/2006 99 Altradis Capital AG AlphAlgo 0.98 100k 5/1/2007 98 Superfund Group Superfund Green Gold L.P. Series A-1 0.98 5k 4/1/2009 97 Auspice Capital Advisors Ltd Auspice Diversified Program 0.98 1,500k 4/1/2006 96 FORT LP Fort Global Contrarian 0.98 2,000k 10/1/2002 95 QMS Capital Management LP QMS Diversified Global Macro Strategy 0.98 5,000k 6/1/2010 94 Mondiale Asset Management Mondiale Trading Program 1.01 0k 9/1/1997 93 Gladius Asset Management Fulham Program 1.01 2,000k 1/1/2008 92 Liberty Funds Group, Inc Liberty Wealth Protection Strategy (1X) 1.04 1,500k 1/1/2009 91 Trigon Investment Advisors, LLC Foreign Exchange Program 1.07 5,000k 8/1/2000 90 Estlander & Partners Freedom 1.12 20,000k 8/1/2010 89 W.G. Wealth Guardian Ltd. SAFI2 Program (SAFI2) 1.18 1,000k 9/1/1997 88 Global Domain Partners, LLC Global Domain Vector Fund - Series Sigma 1.18 500k 4/1/2009 87 Non Correlated Capital Positive Theta Program 1.18 250k 10/1/2007 86 Mark J. Walsh Company Standard Program 1.19 2,000k 9/1/1985 85 SEB Asset Management SEB Asset Selection Fund C (EUR) 1.19 1k 10/1/2006 84 EMC Capital Advisors, LLC Classic 1.20 5,000k 1/1/1985 83 Quantis Asset Management Ulysses Futures 1.20 1,000k 7/1/2009 82 Global Sigma Group, LLC AGSF 1.27 3,000k 4/1/2013 81 Soaring Pelican, LLC Diversified S&P Program 1.28 100k 1/1/2011 80 Trigon Investment Advisors, LLC Global Macro Program (LIQUIDATED as of July 31, 2017) 1.32 10,000k 1/1/2001 79 Millburn Ridgefield Corporation Multi-Markets Program 1.34 25,000k 10/1/2004 78 Winton Capital Management Diversified 1.36 50,000k 10/1/1997 77 Futures Truth Company, FTC-CTA 200K Options Strategy 1.38 200k 12/1/2009 76 Millburn Ridgefield Corporation Diversified Program 1.42 20,000k 2/1/1977 75 DUNN Capital Management D'Best Futures Fund, L.P. 1.46 100k 6/1/1994 74 Neural Capital Ltd Sentinel Trading Program 1.57 2,000k 1/1/2006 73 Non Correlated Capital Positive Theta Fund 1.58 50k 10/1/2007 72 Romanesco Capital Management B.V Persistence Program 1.60 5,000k 9/1/2005 71 Ancile Capital Management Global Markets Program 1.62 2,000k 4/1/2005 70 John Locke Investments Cyril Systematic Program 1.63 8,000k 7/1/2000 69 FORT LP Fort Global Diversified 1.64 2,000k 10/1/1993 68 Crabel Capital Management Crabel Multi-Product 1.64 1,000k 3/1/1998 67 Quantitative Investment Management Quantitative Global Program 1.66 20,000k 10/1/2003 66 Estlander & Partners Global XL 1.69 5,000k 8/1/1991 65 Mesirow Financial Investment Management, Inc. Emerging Markets Currency Alpha Programme 1.69 10,000k 2/1/2008 64 Paskewitz Asset Management LLC Contrarian S&P Stock Index 1.70 500k 12/1/2003 63 Covenant Capital Management Original Program 1.70 5,000k 9/1/1999 62 Cardwell Investment Technologies Cardwell Investment Technologies 1x Program 1.73 4,000k 11/1/2008 61 White Indian Trading Co. SCS Interest Rate Program (Client) 1.75 250k 8/1/2011 60 Altus Trading, LLC Managed Forex Program A 1.78 50k 8/1/2011 59 Superfund Group Superfund Green Gold B (SPC) 1.79 50k 10/1/2005 58 Rotella Capital Management Rotella Polaris Program (Diversified) 1.89 10,000k 1/1/1991 57 White Indian Trading Co. SCS Program (Client) 1.91 250k 2/1/2011 56 Drury Capital Diversified Trend-Following Program 1.93 5,000k 5/1/1997 55 FCI Capital Management TSFX1 1.94 20k 11/1/2010 54 Rho Asset Management Rho Altius 1XL Program 1.94 5,000k 11/1/2007 53 AIMhedge Management Ltd. AIM Classic Fund EUR (Institutional) 1.98 100k 1/1/2005 52 Superfund Group Superfund Green L.P. Series A 1.99 5k 10/1/2002 51 Ramsey Quantitative Systems Inc RQSI Systematic Global Macro Fund 2.00 5,000k 11/1/2012 50 Liberty Funds Group, Inc Liberty Wealth Protection Fund 2.04 250k 10/1/2009 49 Alder Capital DAC Alder Global 10 2.10 250k 10/1/2000 48 Metolius Capital LLC Metolius Diversified 2.15 100k 6/1/2010 47 Crescent Bay Capital Management Premium Stock Index Program 2.20 10k 10/1/2005 46 Northfield Trading Diversified 2.25 2,000k 7/1/1989 45 Tyche Capital Advisors LLC TCA Energy Spreads 2.38 100k 8/1/2008 44 Superfund Group Superfund Green Q-AG 2.50 2k 3/1/1996 43 FCI Capital Management TSFX2 2.54 20k 1/1/2012 42 DUNN Capital Management World Monetary and Agriculture Program (WMA) 2.64 100k 11/1/1984 41 Camkay Capital Management LLC Stock Indices Short-Term 2.64 100k 3/1/2012 40 Southwest Managed Investments, LLC Global Diversified 2.68 200k 1/1/2002 39 Alee Capital Management, LLC Poniente Program 2.70 2,500k 1/1/1999 38 Covenant Capital Management Aggressive Program 2.80 3,000k 2/1/2004 37 Superfund Group Superfund Green Gold L.P. Series B-1 2.89 5k 4/1/2009 36 AllMountain Capital AG Mount Denali Global Trends 3.08 160k 7/1/2007 35 IStar Capital B.V. IStar Systematic Fund 3.12 1,000k 9/1/2011 34 Madison Park Capital Partners, LLC MPCP Sentiment Trading Fund 3.16 350k 8/1/2011 33 Superfund Group Superfund Green Gold C (SPC) 3.30 100k 10/1/2005 32 Purple Valley Capital, Inc. Diversified Trend 1 3.33 100k 8/1/2008 31 Conquest Capital Group Conquest Select 3.34 250k 6/1/2004 30 QCM Alpha Financials Program 3.47 10,000k 6/1/2012 29 Superfund Group Superfund Green L.P. Series B 3.48 5k 10/1/2002 28 Blackwater Capital Management Global Program 3.62 5,000k 7/1/2005 27 Hyman Beck and Company Global Portfolio 3.67 1,000k 3/1/1991 26 ALFAKRAFT ALFA Edge Fund 3.77 16k 12/1/2011 25 Rivoli Fund Management Rivoli International Fund (V9) 3.77 5,000k 1/1/2002 24 Superfund Group Superfund Green GCT USD 3.87 15k 1/1/2000 23 Clarke Capital Management Global Magnum 3.93 100k 8/1/1997 22 Molinero Capital Management LLP Global Markets Program 4.11 2,000k 7/1/2005 21 T2 ASSOCIATES, INC. T2 Associates Contrary #1 Pool 4.12 25k 4/1/2010 20 Alder Capital DAC Alder Global 20 4.30 250k 2/1/2001 19 Angle Capital Management LLC AIP Program 4.37 100k 1/1/2010 18 Emil van Essen EvE Systematic Global Opportunities 4.54 1,000k 9/1/2007 17 Eclipse Capital Management Global Monetary 4.73 5,000k 8/1/1990 16 Brandywine Asset Management Brandywine Symphony Preferred Fund, LP 4.85 100k 7/1/2011 15 Clarke Capital Management Worldwide 4.92 250k 1/1/1996 14 Cardwell Investment Technologies Cardwell Investment Technologies 3x Program 5.42 4,000k 2/1/2011 13 Rivoli Fund Management Rivoli International Fund (E) 5.58 5,000k 10/1/1996 12 Superfund Group Superfund Green Master 5.79 2,000k 5/1/2001 11 Clarke Capital Management Jupiter 5.92 3,000k 5/1/2005 10 Insch Capital Management SA Interbank Currency Program - 3X Leverage 6.09 100k 1/1/2000 9 Dreiss Research Corporation Diversified Program 7.17 1,000k 5/1/1991 8 Keck Capital Management LLC The Keck Program 7.34 2,000k 12/1/2003 7 Briarwood Capital Management, Inc. Diversified Trading Program 7.56 3,000k 7/1/2001 6 Silicon Valley Quantitative Advisors US Quantitative Portfolio (UQP) 7.76 200k 11/1/1999 5 Clarke Capital Management FX Plus 8.32 1,000k 5/1/2004 4 Heyden & Steindl GmbH TOMAC2 8.88 5,000k 3/1/2003 3 Quantum Leap Capital Management Managed Account Program 9.10 300k 8/1/2006 2 Clarke Capital Management Global Basic 9.15 50k 2/1/1996 1 Briarwood Capital Management, Inc. Diversified 2XL 17.44 250k 11/1/2004 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.