Program Performance

Our managed program performance has been exceptional since its inception in January of 2007. The graph below shows each month's performance. Performance figures are net all broker fees and performance fees.

2007	% Gain/Loss		2008	% Gain/Loss
January	0.71%		January	1.45%
February	1.54%		February	7.22%
March	4.28%		March	-1.40%
April	2.74%		April	2.22%
May	-0.11%		May	-0.90%
June	3.88%		June	1.16%
July	0.90%		July	-1.10%
August	30.52%		August	2.00%
September	7.28%		September	1.38%
October	4.91%		October	2.70%
November	12.53%		November	-1.30%
December	1.92%		December	0.7%
Total	71.10%		Total	14.13%

Past performance does not guarantee future results. Forex trading involves substantial risk of loss and is not suitable for all investors.