Top 50 Systematic CTAs for the Quarter Ending June 2012 Ranked by YTD Return

Report Generated on August 15, 2012. Performance results submitted subsequent to this date are not reflected in this Report Reports Include NFA Members Only
Last Monthly Return
-6.72% -1.76% -5.11% -10.03% -14.40% -6.27% 2.76% 3.05% 4.06% 2.90% 0.50% 4.31% -1.58% 2.29% -15.64% -10.04% -6.30% 3.90% 8.30% -5.01% -18.04% -5.35% 0.55% 2.54% 0.45% 3.09% -0.63% -2.83% -5.16% -1.50% 1.38% 6.46% 1.29% 2.55% -7.27% -9.88% 0.12% 3.45% -1.04% 0.71% -0.14% 23.63% -4.49% 3.00% 1.10% -4.49% -0.53% -5.28% -8.66% 1.17%

Rank
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50

Manager Clarke Capital Mgt - Global Magnum Program Clarke Capital Mgt - Global Basic Program Gregory P. Asset Mgt - SS&O (Foreign Client Per) Atlantic Pacific Trading - Enhanced Turtle Trader 25 Clarke Capital Mgt - Millennium Program Southwest Managed Invest - Global Diversified Systematic Alpha Mgt, LLC - MultiStrategy 2X ITB Capital Mgt - Premium II Program Ace Investment Strategists - SICS ITB Capital Mgt - Premium I Program Revolution Capital Mgt - Alpha Program Robert Charles & Co - Diversified Trading (C) RAM Mgt Grp, Ltd - MRTP Aggressive Valhalla Capital Group, LLC - MS1 Clarke Capital Mgt - Worldwide Program Clarke Capital Mgt - Orion Program EMC Capital Mgt, Inc. - EMC Classic Program Diamond Capital Mgt - Enhanced S&P (Client) Princess Futures Corp. - Standard Program Claughton Capital - Institutional Program Clarke Capital Mgt - Jupiter Program Amplitude Capital - Amplitude Capital Klassik White Indian Trading Co Ltd - SCS Program Diamond Peak Capital, LLC - Northstar Aggressive (2x) Ace Investment Strategists - ESHA Double Helix Capital Mgt - Double Helix Crescent Bay Capital Mgt - Premium Stock Index GLOBIVEST, LLC - Alpha Program Amplitude Capital - Amplitude Sinfonie Fund TYL Trading, LLC - Blend Diversified Program Systematic Alpha Mgt, LLC - MultiStrategy 1X Soaring Pelican Automated Sys. - Soaring Pelican Quantitative Invest Mgt LLC - Global Program Clarity Capital Management, LLC - The Clarity Program Sona Trading Strategies - Futures Trading Program everTrend Asset, LLC - everTrend Global Global Sigma Group - Plus Program White Indian Trading Co Ltd - SCS Interest Rate Northfield Trading L.P. - Diversified Program Liberty Funds Group - Diversified Options LJM Partners, Ltd - Preservation & Growth Adantia LLC - FX Aggressive Blackheath Fund Mgt - Volatility Arbitrage Ace Investment Strategists - MMHA SSARIS Advisors, LLC - Active Commodity Strategy Parizek Capital Inc. - Currency Program RAM Mgt Grp, Ltd - MRTP 1X Conservative Transtrend B.V. - DTP - Enhanced Risk (EUR) SSARIS Advisors, LLC - Diversified Trading Fall River Capital LLC - Global Opportunities

YTD Return
50.07% 36.72% 35.10% 29.76% 29.34% 24.62% 21.21% 20.43% 19.60% 19.43% 17.98% 17.76% 17.68% 17.13% 16.89% 16.87% 16.33% 16.31% 15.67% 14.66% 14.38% 13.21% 12.88% 12.34% 11.70% 11.69% 11.60% 11.34% 10.58% 10.58% 10.44% 10.32% 9.41% 8.93% 7.91% 7.84% 7.82% 7.52% 7.41% 7.23% 7.15% 7.13% 6.97% 6.90% 6.35% 5.88% 5.71% 5.38% 5.11% 5.01%

Current Drawdown
-6.72% -11.37% -5.11% -10.03% -14.40% -6.27%

Worst Drawdown
-41.52% -46.50% -5.11% -10.03% -60.98% -23.25% -5.24% -25.27%

Assets Under Mgt (Millions)

$14.800 $8.700 $0.001 $0.070 $42.800 $3.468 $16.000 $57.645 $0.200 $68.057 $16.006 $4.463

Minimum Investment
$100,000 $50,000 $50,000 $25,000 $1,000,000 $100,000 $5,000,000 $200,000 $75,000 $200,000 $5,000,000 $100,000 $1,000,000 $50,000 $250,000 $200,000 $2,000,000 $100,000 $25,000 $50,000 $3,000,000 $10,000,000 $200,000 $250,000 $20,000 $16,000 $25,000 $50,000 $20,000,000 $1,000,000 $5,000,000 $50,000 $20,000,000 $20,000 $1,000,000 $500,000 $250,000 $50,000 $2,000,000 $750,000 $250,000 $100,000 $350,000 $100,000 $5,000,000 $1,000,000 $1,000,000 !10,000,000 $5,000,000 $1,000,000

-41.24%

-64.50% -20.71% -13.77%

-1.58%

-40.99% -9.74%

$12.600 $0.573 $29.700 $2.700 $93.505 $1.469 $1.139 $5.100 $12.200 $169.600 $0.223 $5.000 $12.500 $1.672 $0.670 $0.806 $129.200 $14.500 $16.000 $6.920 $4,133.496 $0.326 $3.279 $1.800 $33.000 $0.571 $270.000 $16.200 $40.000 $2.900 $9.500 $9.500 $112.000 $0.315 $21.997 !616.000 $58.000 $38.332

-15.64% -10.04% -6.30%

-27.16% -28.87% -45.16% -10.81% -26.33%

-5.01% -18.04% -5.35%

-21.93% -44.78% -12.92% -16.46%

-9.32% -2.13%

-26.28% -5.45% -2.63%

-0.87% -2.83% -5.16% -1.50%

-26.46% -9.80% -11.62% -11.58% -2.62% -6.79% -11.74%

-21.22% -7.27% -14.00%

-36.34% -15.34% -20.25% -1.55% -4.27%

-1.63% -18.98% -0.14%

-27.01% -27.46% -10.89% -18.58%

-5.75%

-10.60% -6.91%

-19.08% -32.45% -0.53% -5.62% -8.66%

-32.25% -46.76% -14.82% -14.97% -30.74% -13.44%

CRITERIA: 1. Traders reporting proprietary performance are not included, 2. Non-NFA Members are not included, and 3. Traders who calculate performance using a non-compounded annual rate of return, may have been eliminated from this list, if Autumn Gold, in its sole discretion, determined that the differences in return were material. NOTES: Manager and Program names have been shorted for formatting reasons. Please visit http://www.autumngold.com for additional information and complete name. Rankings are based on the universe of CTAs included in the AutumnGold database and may not include all registered CTAs.

Worst Drawdown: Represents the worst drawdown experience by a CTA.

Curent Losing Streak: Represents the current loss of a CTA.

RISK DISCLOSURE PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS. THE RISK OF TRADING COMMODITY FUTURES, OPTIONS AND FOREIGN EXCHANGE ("FOREX") IS SUBSTANTIAL. THE HIGH DEGREE OF LEVERAGE ASSOCIATED WITH COMMODITY FUTURES, OPTIONS AND FOREX CAN WORK AGAINST YOU AS WELL AS FOR YOU. THIS HIGH DEGREE OF LEVERAGE CAN RESULT IN SUBSTANTIAL LOSSES, AS WELL AS GAINS. YOU SHOULD CAREFULLY CONSIDER WHETHER COMMODITY FUTURES, OPTIONS AND FOREX IS SUITABLE FOR YOU IN LIGHT OF YOUR FINANCIAL CONDITION. IF YOU ARE UNSURE YOU SHOULD SEEK PROFESSIONAL ADVICE. PAST PERFORMANCE DOES NOT GUARANTEE FUTURE SUCCESS. IN SOME CASES MANAGED ACCOUNTS ARE CHARGED SUBSTANTIAL COMMISSIONS AND ADVISORY FEES. THOSE ACCOUNTS SUBJECT TO THESE CHARGES, MAY NEED TO MAKE SUBSTANTIAL TRADING PROFITS JUST TO AVOID DEPLETION OF THEIR ASSETS. EACH COMMODITY TRADING ADVISOR ("CTA") IS REQUIRED BY THE COMMODITY FUTURES TRADING COMMISSION ("CFTC") TO ISSUE TO PROSPECTIVE CLIENTS A RISK DISCLOSURE DOCUMENT OUTLINING THESE FEES, CONFLICTS OF INTEREST AND OTHER ASSOCIATED RISKS. A HARD COPY 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. NO CONSIDERATION TO INVEST SHOULD BE MADE WITHOUT THOROUGHLY READING THE DISCLOSURE DOCUMENT OF EACH OF THE CTAS IN WHICH YOU MAY HAVE AN INTEREST. REQUESTING A DISCLOSURE DOCUMENT PLACES YOU UNDER NO OBLIGATION AND EACH DOCUMENT IS PROVIDED AT NO COST. THE CFTC HAS NOT PASSED UPON THE MERITS OF PARTICIPATING IN ANY OF THE FOLLOWING PROGRAMS NOR ON THE ADEQUACY OR ACCURACY OF THE DISCLOSURE DOCUMENTS. OTHER DISCLOSURE STATEMENTS ARE REQUIRED TO BE PROVIDED TO YOU BEFORE AN ACCOUNT MAY BE OPENED FOR YOU. PROSPECTIVE CLIENTS SHOULD NOT BASE THEIR DECISION ON INVESTING IN ANY TRADING PROGRAM SOLELY ON THE PAST PERFORMANCE PRESENTED. ADDITIONALLY, IN MAKING AN INVESTMENT DECISION, PROSPECTIVE CLIENTS MUST ALSO RELY ON THEIR OWN EXAMINATION OF THE PERSON OR ENTITY MAKING THE TRADING DECISIONS AND THE TERMS OF THE ADVISORY AGREEMENT INCLUDING THE MERITS AND RISKS INVOLVED.

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