Filed Pursuant to Rule 424(b)(3)
Registration No. 333-155800

January 2010 Performance Update

The Frontier Fund Supplement Dated February 9, 2010 to Prospectus Dated January 28, 2010

The Frontier Fund Class 2 New

T H E    F RO N T I E R    F U N D ’ S    G O A L : To provide you – the investor – with a managed futures product that, over the long term, provides attractive returns, reduces volatility, and improves the overall performance of your investment portfolio.

January performance for the various Series of The Frontier Fund is detailed below:*

The Frontier Fund Class 2 New	January 31, 2010	January 31, 2010	NAV / Unit
	MTD	YTD
Frontier Diversified Series-2	-3.85%	-3.85%	$94.01
Frontier Dynamic Series-2	-1.04%	-1.04%	$91.29
Frontier Long/Short Commodity Series-2a	-5.09%	-5.09%	$97.27
Frontier Masters Series-2	-3.40%	-3.40%	$92.13

Additional information, including monthly rates of return, concerning the aforementioned Series and the Trading Advisor(s) is contained in the Prospectus and the respective Series Appendix to the Prospectus.

* The above table sets forth the actual performance for the Class and Series as of January 31, 2010. Actual gross trading performance (gross realized and unrealized gain/loss before deduction for trading commissions and fees, management fees, any other expense, and before addition of interest income) is adjusted for the trading expenses, management fees, initial service fees, on-going service fees, and interest income of the applicable Series.

THIS INSERT MUST BE ACCOMPANIED OR PRECEDED BY THE CURRENT PROSPECTUS OF THE FRONTIER FUND

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS

THE FRONTIER FUND DIVERSIFIED SERIES - 2

STATEMENT OF INCOME (LOSS)

FOR THE MONTH ENDED

January 31, 2010

(Unaudited)

					Current Period
INCOME
Realized trading gain/(loss)					$	(1,809,323.18	)
Unrealized trading gain/(loss)						499,495.28
Net change in inter-series payables						422,268.76
Less: commissions						(34,152.54	)
Less: FCM fees						(62,521.52	)
Foreign currency gain/(loss)						600.41
Interest income						56,167.91
Total Income						(927,464.88	)
EXPENSES
Management fees						22,294.12
Incentive fees						7,913.69
Broker service fees						6,949.48
Total Expenses						37,157.29
Net Income (Loss)					$	(964,622.17	)
STATEMENT OF CHANGES IN NET ASSET VALUE
	Units	Dollars			$’s per unit
Net Asset Value, end of prior month	238,873.98985	$	23,355,579.06			97.77
Current month additions	14,663.27921		1,443,400.00
Current month redemptions	—		—
Net Income (loss) for current month			(964,622.17	)
Net Asset Value, end of current month	253,537.26906	$	23,834,356.89			94.01
	Monthly rate of return					-3.85	%

To the best of my knowledge and belief, the information

contained in this statement is accurate and complete

/s/    S. Brent Bales

S. Brent Bales, Chief Accounting Officer of the Managing Owner

Equinox Fund Management LLC

1660 Lincoln Street, Suite 100

Denver, Colorado 80264

On Behalf of the Frontier Fund - Diversified Series 2

THE FRONTIER FUND DYNAMIC SERIES - 2

STATEMENT OF INCOME (LOSS)

FOR THE MONTH ENDED

January 31, 2010

(Unaudited)

					Current Period
INCOME
Realized trading gain/(loss)					$	—
Unrealized trading gain/(loss)						(268,890.43	)
Net change in inter-series payables						289,139.97
Less: commissions						—
Less: FCM fees						(52,805.42	)
Foreign currency gain/(loss)						—
Interest income						35,104.19
Total Income						2,548.31
EXPENSES
Management fees						—
Incentive fees						—
Broker service fees						5,584.92
Total Expenses						5,584.92
Net Income (Loss)					$	(3,036.61	)
STATEMENT OF CHANGES IN NET ASSET VALUE
	Units	Dollars			$’s per unit
Net Asset Value, end of prior month	3,150.67567	$	290,661.54			92.25
Current month additions	—		—
Current month redemptions	—		—
Net Income (loss) for current month			(3,036.61	)
Net Asset Value, end of current month	3,150.67567	$	287,624.93			91.29
	Monthly rate of return					-1.04	%

To the best of my knowledge and belief, the information

contained in this statement is accurate and complete

/s/    S. Brent Bales

S. Brent Bales, Chief Accounting Officer of the Managing Owner

Equinox Fund Management LLC

1660 Lincoln Street, Suite 100

Denver, Colorado 80264

On Behalf of the Frontier Fund - Dynamic Series 2

THE FRONTIER FUND LONG/SHORT COMMODITY SERIES - 2a

STATEMENT OF INCOME (LOSS)

FOR THE MONTH ENDED

January 31, 2010

(Unaudited)

					Current Period
INCOME
Realized trading gain/(loss)					$	(94,148.39	)
Unrealized trading gain/(loss)						49,762.72
Less: commissions						(1,166.33	)
Less: FCM fees						(1,680.54	)
Foreign currency gain/(loss)						7.33
Interest income						1,079.91
Total Income						(46,145.30	)
EXPENSES
Management fees						2,058.30
Incentive fees						118.09
Broker service fee						179.24
Total Expenses						2,355.63
Net Income (Loss)					$	(48,500.93	)
STATEMENT OF CHANGES IN NET ASSET VALUE
	Units	Dollars			$’s per unit
Net Asset Value, end of prior month	8,552.90106	$	876,532.48			102.48
Current month additions	2,631.25118		259,828.66
Current month redemptions	—		—
Net Income (loss) for current month			(48,500.93	)
Net Asset Value, end of current month	11,184.15224	$	1,087,860.21			97.27
	Monthly rate of return					-5.09	%

To the best of my knowledge and belief, the information

contained in this statement is accurate and complete

/s/    S. Brent Bales

S. Brent Bales, Chief Accounting Officer of the Managing Owner

Equinox Fund Management LLC

1660 Lincoln Street, Suite 100

Denver, Colorado 80264

On Behalf of the Frontier Fund - Long/Short Commodity Series 2a

THE FRONTIER FUND MASTERS SERIES - 2

STATEMENT OF INCOME (LOSS)

FOR THE MONTH ENDED

January 31, 2010

(Unaudited)

					Current Period
INCOME
Realized trading gain/(loss)					$	(114,575.79	)
Unrealized trading gain/(loss)						(915,434.08	)
Net change in inter-series payables						618,575.17
Less: commissions						(6,375.16	)
Less: FCM fees						(55,362.30	)
Foreign currency gain/(loss)						5,406.94
Interest income						35,315.76
Total Income						(432,449.46	)
EXPENSES
Management fees						43,301.22
Incentive fees						0.86
Broker Service Fees						5,856.84
Total Expenses						49,158.92
Net Income (Loss)					$	(481,608.38	)
STATEMENT OF CHANGES IN NET ASSET VALUE
	Units	Dollars			$’s per unit
Net Asset Value, end of prior month	89,792.80023	$	8,563,857.32			95.37
Current month additions	64,096.51123		6,095,448.80
Current month redemptions	—		—
Net Income (loss) for current month			(481,608.38	)
Net Asset Value, end of current month	153,889.31146	$	14,177,697.74			92.13
	Monthly rate of return					-3.40	%

To the best of my knowledge and belief, the information

contained in this statement is accurate and complete

/s/    S. Brent Bales

S. Brent Bales, Chief Accounting Officer of the Managing Owner

Equinox Fund Management LLC

1660 Lincoln Street, Suite 100

Denver, Colorado 80264

On Behalf of the Frontier Fund - Masters Series 2