FOREMOST CAPITALM A N A G E M E N T

March 2020 Performance - CTAs Ranked by Annual Compound RORPerformance Results reported or amended subsequent to Monday April 13, 2020 are not reflected In this Report

Click on column headings to sort | Note that Annual Compound ROR and Worst Drawdown are from Inception

R a n k ManagerI n v e s t m e n tR e s t r i c t i o n s

Month lyR e t u r n

Y T D R e t u r n1 2

M o n t hR e t u r n

C u r r e n tD r a w d o w n

A s s e t sUnder Mgt(Mil l ions)

M i n i m u mI n v e s t r T > e n t

A n n u a l W o r s tCompound Orawdow

R O R

1 Plus EV Capital - Raise Alplia 3 . 4 6 % 8 . 1 1 % - 5 . 4 8 % - 5 . 4 8 % $2,529 $100,000 4 7 . 3 2 % - 1 8 . 8 8 %

2 H P X F i n a n c i a l - O l d S c h o o l 1 . 1 0 % 3 . 1 3 % 4 . 1 1 % $ 9 , 1 5 3 $200,000 3 9 . 4 1 % - 1 9 . 8 9 %

3 Blue Bar Trading - Blue Bar Ag QEPs Only 0 . 4 0 % 1 . 5 0 % 2 . 2 6 % • 0 . 1 6 % $11 ,024 $100,000 3 7 . 7 1 % - 4 2 . 2 6 %

4 Schlndler Capital Mgt - Dairy Adv. - 3 . 6 5 % - 4 . 0 4 % 1 4 . 6 6 % - 4 . 8 0 % $2,933 $200,000 2 9 . 1 6 % - 4 1 . 4 9 %

5 Covenant Capital Mgt - Total Volatility Program 3 2 . 1 2 % 2 7 . 7 0 % 3 7 . 5 5 % $8,203 $100,000 2 8 . 5 9 % - 1 3 . 8 4 %

6 SpreadEdge Capital, LLC - Ag Seasonal Spread 1 . 2 8 % 5 . 6 6 % 4 . 7 3 % $0,214 $100,000 2 7 . 2 9 % - 2 0 . 6 9 %

7 AG Capital - Global Macro 2 2 . 6 5 % 3 2 . 6 7 % 3 7 . 1 5 % $29,700 $500,000 2 5 . 3 9 % - 2 5 . 2 6 %

8 Blue Bar Trading - Commodity Diversified QEPs Only 0 . 6 8 % 1 . 9 2 % 2 . 2 8 % $4,586 $100,000 2 4 . 0 5 % - 1 1 . 2 4 %

9 Cayler Capital LLC - Systematic Energy Diversified QEPs Only 1 4 . 9 4 % 1 8 . 7 2 % 2 9 . 6 3 % $1,500 $125,000 2 1 . 0 7 % - 7 . 5 9 %

1 0 SpreadEdge Capital, LLC - Diversified SeasonalSpread 7 . 0 2 % 1 4 . 1 0 % 1 2 . 3 8 % $1,959 $100,000 1 8 . 8 0 % - 4 4 . 0 2 %

1 1 MSiR Capital LLC - Livestock - 0 . 9 1 % - 1 1 . 1 0 % - 1 1 . 2 7 % - 1 4 . 3 5 % $52,446 $100,000 1 7 . 7 6 % - 2 3 . 3 8 %

1 2 EMC Capital Advisors - Classic QEPs Only 1 4 . 6 3 % 1 6 . 9 0 % 3 1 . 3 9 % - 6 . 3 6 % $23,150 $5,000,000 1 7 . 1 4 % - 4 5 . 1 3 %

1 3 Eckhardt Trading Co - Evolution 1.2X 0 . 0 5 % 8 . 4 8 % 1 . 6 4 % - 6 . 7 2 % $1,300 $20,000,000 1 5 . 3 3 % - 4 0 . 3 9 %

1 4 HlProb Capital Mgt - HlProb-III QEPs Only 0 . 0 6 % 5 . 7 9 % 1 2 . 3 8 % $13,250 $1,000,000 1 5 . 1 0 % - 2 . 1 7 %

15 D r e i s s R e s e a r c h - D i v e r s l fl e d QEPs Only 1 8 . 0 9 % 4 . 7 3 % 4 1 . 4 7 % - 9 . 1 0 % $0,959 $750,000 1 4 . 9 3 % - 5 1 . 4 4 %

16 Deep Fteld Capital AG - Systematic Volatility Arb QEPs Only 7 . 0 9 % 1 1 . 6 5 % 1 6 . 6 3 % $23,000 $500,000 1 4 . 1 0 % - 1 2 . 2 7 %

1 7 Covenant Capital Mgt - Tactical Growth 1 7 . 4 7 % 1 6 . 4 6 % 1 8 . 8 8 % $1,500 $100,000 1 3 . 6 6 % - 1 1 . 5 1 %

18Breakout Funds Managed Program - ManagedProgram Q E P s O n l y 7 . 6 7 % 1 2 . 9 5 % 2 2 . 3 6 % $ 5 6 , 1 4 1 $ 1 , 0 0 0 , 0 0 0 1 3 . 6 0 % - 5 . 0 7 %

1 9 F o r t L P - G l o b a l D i v e r s i fi e d QEPs Only - 1 1 . 1 3 % - 9 . 6 3 % - 4 . 6 6 % - 1 4 . 5 0 %

2 0 Jaguar Inv. - Aegir Strategy QEPs Only 9 . 1 3 % 1 0 . 7 9 % 1 8 . 1 1 %

2 1 For t LP - G loba l Fu tu res QEPs Only - 1 1 . 1 6 % - 7 . 2 2 % - 0 . 8 2 % - 1 4 . 2 7 %

2 2 DUNN Capital - WMA QEPs Only 7 . 7 9 % 1 . 7 5 % 9 . 3 7 % - 1 4 . 0 2 %

2 3 Sigma Advanced Capital Mgt - GAFS QEPs Only - 4 . 2 4 % - 0 . 3 5 % 9 . 2 0 % - 4 . 2 4 %

2 4 Eckhardt Trading Co - Evolution 1 . 2 3 % 9 . 5 3 % 4 . 0 2 % - 3 . 7 2 %

2 5 Evergreen Comrrxxllty - Disc. Energy - 0 . 2 3 % - 9 . 6 3 % - 5 . 9 9 % - 1 1 . 8 6 %

2 6 Mulvaney Capital - MF Prg QEPs Only 3 1 . 1 6 % 1 5 . 1 9 % 5 . 2 3 % - 2 7 . 9 6 %

2 7 Diamond Capital - Enhanced SSiP - 3 . 2 1 % - 7 . 4 3 % - 8 . 3 6 % - 1 2 . 4 1 %

2 8 Deep Reld Capital AG - Intraday Crisis Alpha QEPs Only 0 . 1 5 % 9 . 3 0 % 3 . 5 6 %

2 9 1512 SG Capital Mgt AG - StGallen I Counter-Trend QEPs Only - 3 . 4 6 % - 3 . 1 0 % - 2 . 9 9 % • 1 6 . 7 8 %

3 0 Gregory P. Asset Mgt • SS8iO - 1 . 5 7 % - 1 . 9 8 % - 2 . 6 0 % - 1 2 . 1 7 %

3 1 SInoPacAM ■ SInoPacAM-SQMF QEPs Only 2 2 . 5 2 % 3 0 . 5 5 % 3 0 . 1 5 %

3 2 F o r t L P - G l o b a l Tr e n d QEPs Only • 2 . 4 2 % 3 . 8 5 % 6 . 4 6 % - 6 . 0 5 %

3 3 Purple Valley • DIv. Trend 1 5 6 . 3 5 % 8 2 . 1 8 % 9 0 . 9 2 % - 3 8 . 5 5 %

3 4 Red Rock Cap. - Comrrrodity L/S 1 3 . 1 6 % 2 5 . 1 5 % 3 0 . 7 3 % - 7 . 6 2 %

3 5 Quest Partners LLC - AQO QEPs Only 8 . 8 1 % 1 7 . 5 2 % 3 4 . 1 1 % - 1 . 1 4 %

3 6 Fort LP - Contrarian Program QEPs Only - 4 . 2 6 % - 3 . 4 2 % 1 . 7 4 % - 6 . 3 8 %

3 7 Northern Capital Partners - Spread Program - 0 . 7 7 % - 1 . 4 1 % 5 . 3 6 % - 1 . 4 5 %

3 8 Adalpha Asset Mgt - Div. S-Term QEPs Only 4 . 9 2 % 7 . 5 3 % 1 7 . 4 5 %

3 9 Deep Reld Ca^Mtal AG - Intraday Convexity Capture QEPs Only 1 . 1 3 % 2 . 4 4 % 6 . 6 3 %

4 0 Quality Capital Management Ltd - GDP QEPs Only 1 0 . 8 0 % 2 5 . 5 0 % 3 5 . 3 7 % - 2 1 . 8 8 %

4 1 Wharton Capital Mgt - Ag Futures - 0 . 1 7 % 2 . 6 7 % 8 . 1 9 % - 5 . 0 9 %

4 2 Dynamica Global Inv - Energy QEPs Only 5 . 3 3 % 2 . 2 3 % 3 . 1 6 %

4 3 Demeter Cap. - Livestock 8i Grain QEPs Only 1 0 . 5 7 % 1 0 . 8 0 % - 3 . 4 6 % - 4 . 5 2 %

4 4 Revolution Capital Mgt - Alpha Prg QEPs Only 8 . 5 9 % 2 3 . 6 4 % 4 0 . 9 7 %

$683,103 $10,000,000

$ 11 , 1 9 0 $ 1 , 0 0 0 , 0 0 0

2,016.476 $10,000,000

$511,000 $10,000,000

$ 4 , 4 5 7 $ 2 0 0 , 0 0 0

$104,000 $20,000,000

$ 1 6 , 8 7 8 $ 1 0 0 , 0 0 0

$120,000 $10,000,000

$ 1 0 , 0 1 7 $ 1 0 0 , 0 0 0

$ 3 8 , 0 0 0 $ 5 0 0 , 0 0 0

$ 6 , 0 0 0 $ 5 0 0 , 0 0 0

$ 2 , 2 1 4 $ 5 0 , 0 0 0

$ 3 8 , 9 7 0 $ 5 , 0 0 0 , 0 0 0

$23,090 $10,000,000

$ 2 , 8 0 0 $ 1 , 0 0 0 , 0 0 0

$500,000$ 5 , 4 4 1

$1,000

$21,755

$26,000

$17,000

$ 7 , 0 2 6

$25,055

$9,350

$234,000

$5,000,000

$250,000

$1,000,000

$500,000

$500,000

$100,000

$500,000

$50,000

$5,000,000

1 3 . 4 0 %

1 3 . 3 3 %

1 3 . 3 2 %

1 2 . 8 6 %

1 2 . 1 6 %

1 1 . 7 1 %

1 1 . 5 8 %

1 0 . 9 5 %

1 0 . 3 6 %

1 0 . 0 3 %

9 . 9 2 %

9 . 9 1 %

9 . 8 1 %

9 . 7 0 %

9 . 6 3 %

9 . 5 4 %

9 . 3 9 %

9 . 3 1 %

9 . 2 5 %

9 . 2 4 %

8 . 9 4 %

8 . 4 4 %

8 . 3 6 %

8 . 3 4 %

8 . 2 7 %

7 . 9 2 %

- 2 6 . 5 6 %

- 6 . 3 2 %

- 2 6 . 5 6 %

- 6 0 . 2 6 %

- 1 5 . 9 6 %

- 2 7 . 1 1 %

- 1 1 . 8 6 %

- 4 5 . 0 8 %

- 1 2 . 6 5 %

- 5 . 9 5 %

- 2 4 . 9 2 %

- 2 5 . 3 5 %

- 1 4 . 6 8 %

- 1 6 . 4 0 %

• 6 9 . 7 4 %

• 3 0 . 0 9 %

- 2 9 . 4 0 %

- 1 7 . 4 2 %

- 2 . 1 7 %

- 1 3 . 4 2 %

- 1 . 2 8 %

- 5 3 . 5 5 %

- 1 2 . 0 0 %

- 1 1 . 6 1 %

- 2 0 . 9 2 %

- 2 0 . 9 2 %

R a n k M a n a g e r

45 QDRA Pty Ltd - Dynamic Macro

46 Quant i tat ive Invest Mgt - Global

47 EMC Capital Advisors - Alpha Pius

48 Aids Pits (Jersey) Ltd - Global Futures49 Pearl Capital Advisors - Pearl Hedged VIX

50 Warrington Asset Mgt - Tact ical

51 John Locke - C. Systematic UCITS

52 Praus Capital Mgt - Quantlatlve Strategies I

53 Red Rock Cap. - Sys. Global Macro

54 Claughton Capital - Institutional

55 Soaring Pelican - Diversified S&P

56 Davis Commodit ies - Ag Program

57 Goldman Mgt - Stock Index

58 Bensboro Advisos LLC - Seasonal Spread

59 EMC Capital Advisors - Alpha

60 Opus Futures, LLC - Advanced Ag

61 Pinst r ipe Trading - Standard

6 2 W a v e F r o n t - G l o b a l I n v e s t m e n t

63 RTM Capital Advisors - RTM Core Indices Plus

6 4 S o u t h w e s t M a n . I n v . - G l o b a l D I v .

65 Double Helix Cap. - Double Helix

66 Global SIgnrta Group - Equity Advantage II

67 DUNN Capital - WMA Inst i tut ional

68 GT Capital CTA - Systematic Day Trading

69 Sandpiper - Global Macro

70 Spring Valley Asset Mgt - SVAM Tactical Trend

71 DItsch Trading LLC - Discretionary

72 Tomas Capital - GCAF | USD

73 Bocken Trading LLC - Discretionary

74 Crescent Bay - Conservative Growth Index

75 Turk Capital LLC - U.S. Equity Long Short7 6 T h i r d S t r e e t A G - F u n d a m e n t a l A G

Inves tmen t Mon th l yR e s t r i c t i o n s R e t u m

0 . 1 1 %

QEPs Only -8 .60%

QEPs Only -0 .63%

QEPs Only -9 .34%

Q E P s O n l y 7 . 3 4 %

0 . 0 1 %

Q E P s O n l y 3 . 5 1 %

- 0 . 8 4 %

4 . 1 5 %

QEPs Only 16.84%

- 0 . 5 0 %

Q E P s O n l y 0 . 8 0 %

QEPs Only -11.25%

Q E P s O n l y 0 . 5 3 %

Q E P s O n l y 0 . 4 2 %

- 1 . 0 1 %

0 . 0 3 %

QEPs Only 20.78%

- 2 . 3 3 %

- 4 . 1 0 %

- 0 . 2 9 %

Q E P s O n l y 4 . 8 9 %

Q E P s O n l y 3 . 8 2 %

1 9 . 9 8 %

QEPs Only 23.21%

Q E P s O n l y 5 . 9 4 %

0 . 2 0 %

QEPs Only 37.78%

0 . 6 4 %

- 6 . 7 0 %

QEPs Only -12.72%

QEPs Only -0.55%

QEPs Only

QEPs Only

Y T D R e t u m M o n t hR e t u m

1 8 . 2 0 % 1 1 . 7 5 %

- 1 . 7 0 % 3 . 3 2 %

- 1 . 9 2 % 7 . 0 1 %

- 2 0 . 3 0 % - 2 . 9 6 %

3 . 6 4 % 0 . 9 3 %

- 0 . 0 0 % 3 . 2 1 %

9 . 1 0 % 2 5 . 6 3 %

4 . 1 2 % 2 . 5 3 %

- 6 . 5 5 % 7 . 9 1 %

3 3 . 1 4 % 4 9 . 5 0 %

- 2 . 4 1 % 1 . 8 4 %

4 . 9 9 % 1 2 . 4 7 %

- 1 8 . 6 1 % - 1 1 . 1 0 %

5 . 6 9 % 1 4 . 2 0 %

0 . 8 9 % 8 . 8 8 %

4 . 1 7 % - 1 1 . 7 3 %

- 6 . 1 3 % - 4 . 7 8 %

2 7 . 4 0 % 2 3 . 9 9 %

- 6 . 2 1 % - 6 . 5 1 %

- 9 . 5 5 % - 1 0 . 5 1 %

- 9 . 5 6 % - 6 . 2 1 %

1 . 1 5 % 2 . 0 2 %

1 . 2 0 % 5 . 1 1 %

2 1 . 3 9 % 2 8 . 5 7 %

9 . 2 6 % - 1 3 . 6 2 %

4 . 6 0 % 1 0 . 7 6 %

- 0 . 9 0 % - 9 . 7 9 %

6 5 . 3 3 % 3 9 . 3 2 %

- 0 . 0 5 % - 2 . 5 5 %

- 1 5 . 1 3 % - 7 . 1 8 %

- 2 0 . 4 6 % - 1 2 . 5 0 %

- 0 . 3 3 % 1 . 7 1 %

C u r r e n tD r a w d o w n

A s s e t sUnder Mgt(Millions)

M i n i m u mI n v e s t m e n t

- 8 . 1 7 % $ 5 1 , 5 9 7 $ 5 , 0 0 0 , 0 0 0

-10 .32% $1,383,000 $20,000,000

- 4 . 1 9 % $ 7 , 6 7 0 $ 5 , 0 0 0 , 0 0 0

- 3 0 . 0 8 % $ 1 1 , 9 0 0 $ 2 0 0 , 0 0 0

- 1 0 . 1 3 % $ 1 5 , 3 0 0 $ 5 0 0 , 0 0 0

- 0 . 0 0 % $ 2 1 , 8 0 0 $ 5 0 0 , 0 0 0

C 3 0 . 0 0 0 €8 , 0 0 0 , 0 0 0

- 1 . 9 7 % 0 . 6 1 2 2 0 0 , 0 0 0

- 1 4 . 8 8 % $ 4 , 4 3 7 $ 5 0 0 , 0 0 0

$ 1 0 , 4 0 0 $ 1 , 0 0 0 , 0 0 0

- 7 . 3 1 % $ 1 6 , 2 0 0 $ 1 0 0 , 0 0 0

- 1 5 . 1 0 % $ 2 5 , 7 5 5 $ 2 5 0 , 0 0 0

- 1 8 . 6 1 % $ 1 6 0 , 0 0 0 $ 3 5 0 , 0 0 0

$ 3 , 9 5 2 $ 5 0 0 , 0 0 0

- 1 . 2 6 % $ 2 1 7 , 9 1 0 $ 5 , 0 0 0 , 0 0 0

- 2 2 . 5 1 % $ 2 4 , 2 7 7 $ 1 0 0 , 0 0 0

- 1 6 . 8 1 % $ 6 , 3 0 0 $ 1 2 5 , 0 0 0

- 2 5 . 2 5 % $ 9 , 1 5 8 $ 2 , 0 0 0 , 0 0 0

- 8 . 4 2 % $ 2 , 8 3 0 $ 5 0 0 , 0 0 0

- 2 4 . 0 4 % $ 7 , 4 1 2 $ 2 0 0 , 0 0 0

- 9 . 5 6 % $ 9 , 6 5 6 $ 5 0 , 0 0 0

$ 1 2 , 6 5 1 $ 1 , 0 0 0 , 0 0 0

- 6 . 1 5 % $ 4 1 2 , 0 0 0 $ 2 5 , 0 0 0 , 0 0 0

$ 1 , 0 8 1 $ 3 0 , 0 0 0

- 2 0 . 1 5 % $ 1 2 , 0 0 0 $ 1 , 0 0 0 , 0 0 0

$ 1 5 , 3 0 0 $ 1 , 0 0 0 , 0 0 0

- 4 8 . 1 5 % $ 1 , 5 1 6 $ 1 0 0 , 0 0 0

- 3 8 . 3 9 % $ 0 , 7 8 1 $ 1 , 5 0 0 , 0 0 0

- 3 1 . 0 5 % $ 1 , 5 3 8 $ 1 0 0 , 0 0 0

- 1 5 . 1 3 % $ 1 , 1 4 7 $ 1 0 , 0 0 0

- 2 0 . 4 6 % $ 1 9 , 1 9 3 $ 1 0 0 , 0 0 0

- 2 . 2 4 % $ 8 0 , 5 5 3 $ 5 0 0 , 0 0 0

A n n u a l w o r s tCompound orawdow

R O R

7 . 8 2 % - 3 6 . 8 9 %

7 . 6 4 % - 1 6 . 9 1 %

7 . 5 5 % - 1 5 . 5 6 %

7 . 3 5 % - 4 9 . 8 8 %

7 . 2 7 % - 1 6 . 4 6 %

7 . 2 6 % - 4 . 1 2 %

7 . 1 4 % - 2 0 . 7 6 %

6 . 9 9 % - 7 . 7 6 %

6 . 9 6 % - 2 4 . 6 3 %

6 . 7 4 % - 2 5 . 5 5 %

6 . 2 7 % - 1 0 . 9 7 %

6 . 2 0 % - 2 9 . 7 2 %

6 . 1 8 % - 1 8 . 6 1 %

5 . 7 2 % - 1 9 . 3 2 %

5 . 5 8 % - 1 0 . 6 9 %

5 . 1 7 % - 5 0 . 6 2 %

5 . 0 0 % - 1 7 . 3 9 %

4 . 9 5 % - 4 2 . 6 8 %

4 . 5 9 % - 9 . 3 1 %

4 . 4 9 % - 3 2 . 7 9 %

4 . 4 9 % - 1 3 . 4 8 %

4 . 4 2 % - 4 . 2 3 %

4 . 3 9 % - 1 5 . 1 7 %

4 . 3 0 % - 2 4 . 1 3 %

3 . 8 0 % - 3 5 . 1 9 %

2 . 9 0 % - 1 7 . 5 7 %

2 . 6 4 % - 4 9 . 3 4 %

2 . 5 8 % - 6 5 . 8 2 %

2 . 5 7 % - 3 2 . 4 6 %

2 . 5 3 % - 1 5 . 1 3 %

2 . 4 3 % - 2 0 . 4 7 %

2 . 2 1 % - 8 . 9 8 %

7 7 Aids Prts (Jersey) Ltd - PureTrend Portfolio QEPs Only 9 . 0 7 % 1 3 . 0 2 % 1 0 . 2 1 % - 2 . 9 1 % $0,269 $20 ,000 ,000 1 . 9 5 % - 1 7 . 0 1 %

7 8O'Brien Investment Group - Quantitative GMF u t u r e s QEPs Only 1 . 4 9 % 1 . 7 2 % 5 . 9 9 % - 0 . 8 9 % $17,800 $3,000,000 1 . 8 3 % - 9 . 8 4 %

7 9Orion Capital Advisors, Inc. - Beta Opportunity(Client)

1 1 . 2 9 % 3 7 . 2 0 % 2 . 3 3 % - 7 . 0 2 % $0,674 $100,000 1 . 3 5 % - 3 2 . 2 3 %

8 0 Auspice Capital Advisors - Diversified QEPs Only 9 . 7 2 % 7 . 2 6 % 5 . 5 2 % - 1 6 . 8 2 % $10,355 $2,000,000 1 . 0 9 % - 2 6 . 0 5 %

8 1 Auspice Capital Advisors - MF Index QEPs Only 7 . 4 4 % 3 . 7 1 % - 2 . 7 7 % - 1 5 . 2 2 % C$2,589 C$1,000,000 1 . 0 5 % - 2 3 . 3 3 %

8 2 Pak Capital LLC - Currency Prg QEPs Only 2 . 2 5 % 2 . 1 1 % 3 . 4 6 % - 1 . 0 2 % $2,406 $200,000 0 . 8 7 % - 4 . 7 1 %

8 3 Trigon Invst Advisors - Disc. Macro QEPs Only 0 . 1 1 % - 1 . 1 7 % - 2 . 6 1 % - 1 6 . 8 9 % $253,390 $5,000,000 0 . 8 1 % - 1 6 . 9 8 %

8 4 Carbide Capital Inc - Hedge Prg 8 . 6 9 % 9 . 1 5 % 7 . 2 6 % $0,300 $1 ,000 ,000 0 . 5 6 % - 6 . 5 3 %

8 5 GT Capital CTA - Dynamic Trading 1 5 . 0 5 % 1 1 . 1 0 % 1 2 . 0 0 % - 3 3 . 7 1 % $0,157 $150,000 - 0 . 3 1 % - 4 4 . 3 3 %

8 6 Turk Capital LLC - US Market Hedge Strategy QEPs Only - 6 . 0 2 % - 1 0 . 2 0 % - 6 . 0 2 % - 1 0 . 2 0 % $2,638 $250,000 - 0 . 4 8 % - 1 0 . 2 0 %

8 7 KInkopf Capital Mgt, LLC - S8iP SELECT - 0 . 1 7 % 4 . 9 7 % 1 0 . 3 2 % - 6 . 2 8 % $0,054 $25,000 - 0 . 9 4 % - 2 1 . 8 7 %

8 8 EMC Capital Advisors - Balance Prg QEPs Only - 7 . 2 2 % - 9 . 0 7 % - 1 . 5 9 % - 9 . 4 5 % $5,970 $3 ,000 ,000 - 2 . 2 1 % - 9 . 4 5 %

8 9 Camkay Capital - Crisis Alpha Intraday - 4 . 3 9 % - 2 . 3 5 % - 1 . 3 6 % - 4 . 7 4 % $0,196 $100,000 - 2 . 3 1 % - 4 . 7 4 %

9 0 Carbide Capital Inc - Absolute Retum - 5 . 9 1 % - 1 4 . 2 1 % - 9 . 1 5 % - 4 0 . 9 7 % $2,409 $200,000 - 2 . 6 5 % - 4 0 . 9 7 %

9 1 Auspice Capital Advisors - Cmdy Index QEPs Only - 2 . 8 9 % - 1 0 . 8 7 % - 1 3 . 3 7 % - 4 2 . 9 9 % C$53,322 C$1,000,000 - 2 . 6 9 % - 4 2 . 9 9 %

9 2 Anderson Creek Trading - Standard Diversified 1 4 . 4 3 % 2 1 . 5 5 % 7 . 2 3 % - 2 6 . 7 0 % $0,445 $250,000 - 2 . 9 7 % - 4 0 . 6 6 %

9 3 Moblus Asset Mgt - X-Ceed - 0 . 2 0 % - 1 . 4 0 % - 7 . 8 1 % - 3 0 . 1 3 % $1,500 $150,000 - 4 . 6 4 % - 3 0 . 1 3 %

9 4 Caerus Group, LLC - Oil Futures Trading Prg - 1 . 6 4 % - 1 8 . 0 6 % - 1 7 . 9 3 % - 2 1 . 8 3 % $0,400 $200,000 - 1 1 . 9 2 % - 2 1 . 8 3 %

9 5 Lyons Trading Group - LATS (C) - 6 . 5 1 % - 1 0 . 5 8 % - 7 . 7 5 % - 2 8 . 7 4 % $0,929 $100,000 - 1 4 . 3 8 % - 3 0 . 7 7 %

9 6 2Plxels Capital Mgt - Index Option - 0 . 1 0 % - 3 2 . 6 0 % - 4 2 . 3 9 % - 6 8 . 4 0 % $0,025 $25,000 - 2 0 . 4 5 % - 6 8 . 4 0 %

This Report May be sorted by Monthly Return, YTD Return, Current Drawdown, 12 Month Return, Assets Under Management & Minimum Account Size.

Please note that the monthly performance numbers, ROR and Drawdowns are based on end of month values and are not reflective of intramonth voiatllity.

(C) = Qlent Trading Results | (P) = Proprietary Trading Results | (P&C) = A Combination of Proprietary & Client Results.

Monthly Return - Indicates the Monthly Retum for the Date indicated In the Title of this Report.

YTD Retum - Indicates the Year-to-Date Return as of the Date indicated in the title of this report..

12 Month Return - Indicates the last 12 Month Retum as of the Date Indicated in the Title of this Report.

Current Drawdown - Represents the extent of the Advisor's current drawdown.

Assets under Management - The Assets under Managmeent of the Advisor's Program or the Total Assets of the Advisor.

Minimum Investment - The minimum participation for an individual managed account.

Annual Compound Rate of Return from Inception - Represents the average retum of the CTA over a number of years. It smoothes out returns by assuming constantg row th

Worst Drawdown from Inception - The Worst Drawdown is defined as the greatest cumulative percentage decline In net asset value due to losses sustained by thetrading program during any period In which the initial net asset value is not equaled or exceeded by a subsequent asset value.

R I S K D I S C L O S U R E - P A S T P E R F O R M A N C E I S N O T N E C E S S A R I L Y I N D I C A T I V E O F F U T U R E R E S U L T S .

THIS MATTER MAY BE INTENDED AS A SOLICITATION FOR MANAGED FUTURES. THE RISK OF TRADING COMMODITY FUTURES, OPTIONS AND FOREIGNEXCHANGE ("FOREX") IS SUBSTANTIAL. THE HIGH DEGREE OF LEVERAGE ASSOCIATED WITH COMMODITY FUTURES, OPTIONS AND FOREX CAN WORKAGAINST YOU AS WELL AS FOR YOU. THIS HIGH DEGREE OF LEVERAGE CAN RESULT IN SUBSTANTIAL LOSSES, AS WELL AS GAINS. YOU SHOULDT H E R E F O R E C A R E F U L L Y C O N S I D E R W H E T H E R S U C H T R A D I N G I S S U I T A B L E F O R Y O U I N L I G H T O F Y O U R F I N A N C I A L C O N D I T I O N . I F Y O U A R E U N S U R E

Y O U S H O U L D S E E K P R O F E S S I O N A L A D V I C E . A N I N V E S T O R M U S T R E A D A N D U N D E R S T A N D T H E C T A ' S C U R R E N T D I S C L O S U R E D O C U M E N T B E F O R E

I N V E S T I N G . T H E R E A R E N O G U A R A N T E E S O F P R O F I T N O M A T T E R W H O I S M A N A G I N G Y O U R M O N E Y.

P A S T P E R F O R M A N C E D O E S N O T G U A R A N T E E F U T U R E S U C C E S S . I N S O M E C A S E S M A N A G E D A C C O U N T S A R E C H A R G E D S U B S T A N T I A L C O M M I S S I O N S A N D

ADVISORY FEES. THOSE ACCOUNTS SUBJECT TO THESE CHARGES, MAY NEED TO MAKE SUBSTANTIAL TRADING PROFITS JUST TO AVOID DEPLETION OFTHEIR ASSETS. EACH COMMODITY TRADING ADVISOR ("CTA") IS REQUIRED BY THE COMMODITY FUTURES TRADING COMMISSION ("CFTC") TO ISSUETO PROSPECTIVE CLIENTS A RISK DISCLOSURE DOCUMENT OUTLINING THESE FEES, CONFLICTS OF INTEREST AND OTHER ASSOCIATED RISKS. A HARDCOPY OF THESE RISK DISCLOSURE DOCUMENTS ARE READILY AVAILABLE BY CLICKING ON EACH CTA'S "REQUEST DISCLOSURE DOCUMENT" BUTTON.

THE FULL RISK OF COMMODITY FUTURES, OPTIONS AND FOREX TRADING CAN NOT BE ADDRESSED IN THIS RISK DISCLOSURE STATEMENT. NOC O N S I D E R A T I O N T O I N V E S T S H O U L D B E M A D E W I T H O U T T H O R O U G H L Y R E A D I N G T H E D I S C L O S U R E D O C U M E N T O F E A C H O F T H E C T A S I N W H I C H Y O UMAY HAVE AN INTEREST. REQUESTING A DISCLOSURE DOCUMENT PLACES YOU UNDER NO OBLIGATION AND EACH DOCUMENT IS PROVIDED AT NOCOST. THE CFTC HAS NOT PASSED UPON THE MERITS OF PARTICIPATING IN ANY OF THE FOLLOWING PROGRAMS NOR ON THE ADEQUACY ORACCURACY OF THE DISCLOSURE DOCUMENTS. OTHER DISCLOSURE STATEMENTS ARE REQUIRED TO BE PROVIDED TO YOU BEFORE AN ACCOUNT MAY BEO P E N E D F O R Y O U .

P A S T P E R F O R M A N C E I S N O T N E C E S S A R I L Y I N D I C A T I V E O F F U T U R E R E S U L T S . P R O S P E C T I V E C L I E N T S S H O U L D N O T B A S E T H E I R D E C I S I O N O N

INVESTING IN THIS TRADING PROGRAM SOLELY ON THE PAST PERFORMANCE PRESENTED. ADDITIONALLY, IN MAKING AN INVESTMENT DECISION,P R O S P E C T I V E C L I E N T S M U S T A L S O R E L Y O N T H E I R O W N E X A M I N A T I O N O F T H E P E R S O N O R E N T I T Y M A K I N G T H E T R A D I N G D E C I S I O N S A N D T H E T E R M S

O F T H E A D V I S O R Y A G R E E M E N T I N C L U D I N G T H E M E R I T S A N D R I S K S I N V O L V E D .

L I M I T A T I O N S O F R A N K I N G S A R E T H A T O N L Y T H O S E A D V I S O R S O R P O O L O P E R A T O R S T H A T S U B M I T T E D T H E I R P E R F O R M A N C E D A T A T O A U T U M N G O L D

W E R E R A T E D . T H E E N T I R E C T A U N I V E R S E I S N O T I N C L U D E D I N T H E R A N K I N G S . T H E P E R F O R M A N C E I N F O R M A T I O N P R O V I D E D W H E R E I N H A S N O T B E E N

V E R I F I E D B Y A U T U M N G O L D . T H E P A S T P E R F O R M A N C E I S N O T N E C E S S A R I L Y I N D I C A T I V E O F F U T U R E R E S U L T S .

A U T U M N G O L D C T A I N D E X E S A R E N O N - I N V E S T A B L E I N D E X E S C O M P R I S E D O F T H E C L I E N T P E R F O R M A N C E O F C T A P R O G R A M S I N C L U D E D I N T H E A U T U M N

G O L D D A T A B A S E A N D D O N O T R E P R E S E N T T H E C O M P L E T E U N I V E R S E O F C T A S . I N V E S T O R S S H O U L D N O T E T H A T I T I S N O T P O S S I B L E T O I N V E S T I N

T H E S E I N D E X E S .

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