TOP 30 1st & 2nd Category GLOBAL MACRO FUNDS*

For period Aug 1, 2001 - Dec 31, 2009

RANKED COMPOUND ANNUAL RETURN

Compound
Fund Name CAR Last 3 Yrs. CAR Last 5 Yrs. Return for 2009 Total Return
Annual Return

1 Balestra Capital Partners LP 26.29 65.63 37.87 4.22 613.06

2 AccessTurkey Fund LLC 23.85 2.48 9.08 95.04 505.20
3 Sirocco Fund LLC 18.63 24.95 27.48 18.80 321.06
4 Axion Opportnity Fund LP 18.16 21.57 16.43 105.89 307.29
5 Tell Fund 17.80 9.55 15.87 2.29 297.10
6 Empyreal Azure Fund 17.31 16.53 14.67 13.78 283.20
7 MLM Macro - Peak Partners 16.12 14.33 12.05 -2.00 251.87
8 Denali Partners LP 15.87 9.92 8.51 3.98 245.52
9 Argonaut Aggressive Global LP 15.62 13.60 15.71 10.16 239.32
10 Wexford Spectrum Fund LP A 14.75 8.18 12.98 30.04 218.24
11 Wexford Offshore Spectrum Fund A 14.62 8.16 12.94 30.03 215.41
12 AIS TAAP Composite 13.72 17.21 17.80 26.86 195.17
13 AIS Balanced Fund LP 12.90 15.56 16.54 25.49 177.61
14 Global Undervalued Securities Fund 12.83 1.93 9.63 18.47 176.19
15 Caxton Global Investments Ltd 11.34 6.60 8.19 6.14 146.89
16 Graham Proprietary Matrix (Stand. Lev) 11.26 16.16 10.11 15.46 145.44
17 MKP Opportunity Offshore Ltd 11.14 21.02 13.62 12.75 143.34
18 MKP Opportunity LP 11.14 21.02 13.62 12.76 143.27
19 Permal Global Opportunities Ltd (AQ) 10.53 -4.18 4.90 32.41 132.34
20 Capital Hedge Fund Ltd 10.37 9.21 6.66 -13.02 129.42
21 Haidar Jupiter Fund LLC 10.25 8.29 10.63 15.83 127.43
22 Galtere Int'l Master Fund LP 9.46 4.02 6.74 -0.13 114.05
23 Stenham Quadrant Portfolio A USD 9.09 5.75 7.56 10.98 107.94
24 GAM Trading USD 8.70 6.74 6.49 6.54 101.81
25 Telesis IIW LLC 8.21 6.15 9.30 14.68 94.27
26 R. G. Niederhoffer Gl. Fund LP I 7.96 15.64 11.39 -17.12 90.52
27 Permal Macro Holdings Ltd A USD 7.72 4.31 6.57 9.87 86.97
28 Permal Europe Ltd EUR (A) 7.70 3.04 6.78 4.93 86.76
29 DGC Vision Intl Ltd 7.27 5.32 9.58 6.88 80.57
30 GAM Worldwide Inc 7.20 -3.16 5.28 26.10 79.50

* Total Global Macro Funds in subuniverse: 39

Source: BarclayHedge (www.BarclayHedge.com)

Past performance is not necessarily indicative of future results.