424B3 1 d424b3.htm MAY 2010 PERFORMANCE UPDATE CLASS 2 ORIGINAL May 2010 Performance Update Class 2 Original

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

LOGO

May 2010 Performance Update

The Frontier Fund Supplement Dated May 31, 2010 to Prospectus Dated April 30, 2010

The Frontier Fund Class 2 Original

T H E    F R O 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.

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

 

The Frontier Fund Class 2 Original    May 31, 2010   May 31, 2010   NAV / Unit
   MTD   YTD  

Balanced Series-2

   -0.76%      3.08%   $ 143.29

Balanced Series-2a

   -0.83%      2.76%   $ 120.85

Campbell/Graham/Tiverton Series-2

   -0.33%     -1.55%   $ 119.21

Currency Series-2

    2.02%      5.12%   $ 96.01

Long/Short Commodity Series-2

   -4.00%     -1.67%   $ 125.37

Winton/Graham Series-2

   -0.53%      1.95%   $ 130.89

Winton Series-2

   -0.76%      6.99%   $ 139.20

Long Only Commodity Series-2

   -8.13%   -10.20%   $ 81.09

Managed Futures Index Series-2

    4.95%      2.06%   $ 123.77

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 May 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 BALANCED SERIES - 2

STATEMENT OF INCOME (LOSS)

FOR THE MONTH ENDED

May 31, 2010

(Unaudited)

 

                 Current
Period
 

INCOME

      

Realized trading gain/(loss)

       $ (424,145.45

Unrealized trading gain/(loss)

         271,084.91   

Less: commissions

         (97,888.85

Less: FCM fees

         (24,498.58

Foreign currency gain/(loss)

         (36,979.32

Interest income

         3,345.49   
            
Total Income        (309,081.80

EXPENSES

      

Management fees

         46,992.77   

Incentive fees

         224,773.39   
            
Total Expenses        271,766.16   
Net Income (Loss)      $ (580,847.96
            

STATEMENT OF CHANGES IN NET ASSET VALUE

      
     Units     Dollars     $’s per unit  

Net Asset Value, end of prior month

   532,778.95973      $ 76,925,553.41        144.39   

Current month additions

   —          —       

Current month redemptions

   (3,305.63576     (474,049.86  

Net Income (loss) for current month

       (580,847.96  
                

Net Asset Value, end of current month

   529,473.32397      $ 75,870,655.59        143.29   
                      
   Monthly rate of return        -0.76

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 - Balanced Series 2   


THE FRONTIER FUND BALANCED SERIES - 2a

STATEMENT OF INCOME (LOSS)

FOR THE MONTH ENDED

May 31, 2010

(Unaudited)

 

                Current
Period
 

INCOME

       

Realized trading gain/(loss)

        $ (18,244.28

Unrealized trading gain/(loss)

          11,723.70   

Less: commissions

          (4,207.09

Less: FCM fees

          (1,052.08

Foreign currency gain/(loss)

          (1,586.24

Interest income

          3,028.13   
             
Total Income        (10,337.86

EXPENSES

       

Trading Fee

          5,333.19   

Management fees

          2,019.84   

Incentive fees

          9,660.16   
             
Total Expenses        17,013.19   
Net Income (Loss)      $ (27,351.05
             

STATEMENT OF CHANGES IN NET ASSET VALUE

       
     Units    Dollars     $’s per unit  

Net Asset Value, end of prior month

   27,044.16933    $ 3,295,507.96        121.86   

Current month additions

   —        —       

Current month redemptions

   —        —       

Net Income (loss) for current month

        (27,351.05  
               

Net Asset Value, end of current month

   27,044.16933    $ 3,268,156.91        120.85   
                     
   Monthly rate of return        -0.83

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 - Balanced Series 2a   


THE FRONTIER FUND CAMPBELL/GRAHAM/TIVERTON SERIES - 2

STATEMENT OF INCOME (LOSS)

FOR THE MONTH ENDED

May 31, 2010

(Unaudited)

 

                 Current
Period
 

INCOME

      

Realized trading gain/(loss)

       $ (86,536.30

Unrealized trading gain/(loss)

         89,431.92   

Less: commissions

         (4,365.54

Less: FCM fees

         (3,305.58

Foreign currency gain/(loss)

         (5,243.35

Interest income

         —     
            
Total Income        (10,018.85

EXPENSES

      

Management fees

         21,713.96   

Incentive fees

         —     
            
Total Expenses        21,713.96   
Net Income (Loss)      $ (31,732.81
            

STATEMENT OF CHANGES IN NET ASSET VALUE

      
     Units     Dollars     $’s per unit  

Net Asset Value, end of prior month

   74,481.21113      $ 8,908,317.39        119.60   

Current month additions

   —          —       

Current month redemptions

   (1,471.80935     (172,902.46  

Net Income (loss) for current month

       (31,732.81  
                

Net Asset Value, end of current month

   73,009.40178      $ 8,703,682.12        119.21   
                      
   Monthly rate of return        -0.33

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 - Campbell/Graham/Tiverton Series 2   


THE FRONTIER FUND CURRENCY SERIES - 2

STATEMENT OF INCOME (LOSS)

FOR THE MONTH ENDED

May 31, 2010

(Unaudited)

 

               Current
Period
 

INCOME

        

Realized trading gain/(loss)

         $ 55,292.19   

Unrealized trading gain/(loss)

           224,131.40   

Net change in inter-series payables

           (255,205.31

Less: FCM fees

           (5,192.86

Interest income

           6,491.73   
              
Total Income      25,517.15   

EXPENSES

        

Management fees

           8,146.38   

Incentive fees

           —     
              
Total Expenses      8,146.38   
Net Income (Loss)    $ 17,370.77   
              

STATEMENT OF CHANGES IN NET ASSET VALUE

        
     Units    Dollars    $’s per unit  

Net Asset Value, end of prior month

   9,141.49485    $ 860,295.56      94.11   

Current month additions

   —        —     

Current month redemptions

   —        —     

Net Income (loss) for current month

        17,370.77   
              

Net Asset Value, end of current month

   9,141.49485    $ 877,666.33      96.01   
                    
   Monthly rate of return      2.02

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 - Currency Series 2   


THE FRONTIER FUND LONG/SHORT COMMODITY SERIES - 2

STATEMENT OF INCOME (LOSS)

FOR THE MONTH ENDED

May 31, 2010

(Unaudited)

 

                 Current
Period
 

INCOME

      

Realized trading gain/(loss)

       $ (421,946.14

Unrealized trading gain/(loss)

         (75,261.17

Less: commissions

         (31,087.45

Less: FCM fees

         (5,406.26

Foreign currency gain/(loss)

         179.36   

Interest income

         22,292.42   
            
Total Income        (511,229.24

EXPENSES

      

Management fees

         54,210.46   

Incentive fees

         20,798.96   
            
Total Expenses        75,009.42   
Net Income (Loss)      $ (586,238.66
            

STATEMENT OF CHANGES IN NET ASSET VALUE

      
     Units     Dollars     $’s per unit  

Net Asset Value, end of prior month

   113,271.09388      $ 14,792,353.66        130.59   

Current month additions

   —          —       

Current month redemptions

   (2,301.61071     (293,941.01  

Net Income (loss) for current month

       (586,238.66  
                

Net Asset Value, end of current month

   110,969.48317      $ 13,912,173.99        125.37   
                      
   Monthly rate of return        -4.00

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 2   


THE FRONTIER FUND WINTON/GRAHAM SERIES - 2

STATEMENT OF INCOME (LOSS)

FOR THE MONTH ENDED

May 31, 2010

(Unaudited)

 

                 Current
Period
 

INCOME

      

Realized trading gain/(loss)

       $ 7,889.58   

Unrealized trading gain/(loss)

         (34,282.93

Less: commissions

         (6,931.82

Less: FCM fees

         (4,667.68

Foreign currency gain/(loss)

         (736.55

Interest income

         3,932.64   
            
Total Income        (34,796.76

EXPENSES

      

Management fees

         31,509.69   

Incentive fees

         —     
            
Total Expenses        31,509.69   
Net Income (Loss)      $ (66,306.45
            

STATEMENT OF CHANGES IN NET ASSET VALUE

      
     Units     Dollars     $’s per unit  

Net Asset Value, end of prior month

   94,587.83795      $ 12,446,295.27        131.58   

Current month additions

   —          —       

Current month redemptions

   (632.31328     (81,821.65  

Net Income (loss) for current month

       (66,306.45  
                

Net Asset Value, end of current month

   93,955.52467      $ 12,298,167.17        130.89   
                      
   Monthly rate of return        -0.53

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 - Winton/Graham Series 2   


THE FRONTIER FUND WINTON SERIES - 2

STATEMENT OF INCOME (LOSS)

FOR THE MONTH ENDED

May 31, 2010

(Unaudited)

 

                 Current
Period
 

INCOME

      

Realized trading gain/(loss)

       $ 27,716.91   

Unrealized trading gain/(loss)

         (85,539.97

Less: commissions

         (1,617.22

Less: FCM fees

         (4,021.38

Foreign currency gain/(loss)

         580.88   

Interest income

         3,379.13   
            
Total Income        (59,501.65

EXPENSES

      

Management fees

         21,651.69   

Incentive fees

         —     
            
Total Expenses        21,651.69   
Net Income (Loss)      $ (81,153.34
            

STATEMENT OF CHANGES IN NET ASSET VALUE

      
     Units     Dollars     $’s per unit  

Net Asset Value, end of prior month

   76,202.37862      $ 10,688,508.99        140.26   

Current month additions

   —          —       

Current month redemptions

   (42.14275     (5,821.71  

Net Income (loss) for current month

       (81,153.34  
                      

Net Asset Value, end of current month

   76,160.23587      $ 10,601,533.94        139.20   
                      
   Monthly rate of return        -0.76

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 - Winton Series 2   


THE FRONTIER FUND LONG ONLY COMMODITY SERIES - 2

STATEMENT OF INCOME (LOSS)

FOR THE MONTH ENDED

May 31, 2010

(Unaudited)

 

                 Current
Period
 

INCOME

      

Realized trading gain/(loss)

       $ (73,996.13

Unrealized trading gain/(loss)

         1,002.42   

Less: commissions

         —     

Less: FCM fees

         (310.81

Foreign currency gain/(loss)

         —     

Interest income

         1,391.42   
            
Total Income        (71,913.10

EXPENSES

      

Management fees

         797.61   

Incentive fees

      
            
Total Expenses        797.61   
Net Income (Loss)      $ (72,710.71
            

STATEMENT OF CHANGES IN NET ASSET VALUE

      
     Units     Dollars     $’s per unit  

Net Asset Value, end of prior month

   10,322.27976      $ 911,147.56        88.27   

Current month additions

   —          —       

Current month redemptions

   (554.91079     (46,400.52  

Net Income (loss) for current month

       (72,710.71  
                

Net Asset Value, end of current month

   9,767.36897      $ 792,036.33        81.09   
                      
   Monthly rate of return        -8.13

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 Only Commodity Series 2   


THE FRONTIER FUND MANAGED FUTURES INDEX SERIES - 2

STATEMENT OF INCOME (LOSS)

FOR THE MONTH ENDED

May 31, 2010

(Unaudited)

 

                 Current
Period
 

INCOME

      

Realized trading gain/(loss)

       $ 122,264.87   

Unrealized trading gain/(loss)

         74,026.98   

Less: commissions

         (1,566.12

Less: FCM fees

         (1,483.77

Foreign currency gain/(loss)

         (595.97

Interest income

         685.52   
            
Total Income        193,331.51   

EXPENSES

      

Management fees

         6,564.47   

Incentive fees

         —     
            
Total Expenses        6,564.47   
Net Income (Loss)      $ 186,767.04   
            

STATEMENT OF CHANGES IN NET ASSET VALUE

      
     Units     Dollars     $’s per unit  

Net Asset Value, end of prior month

   31,909.44420      $ 3,763,350.68        117.94   

Current month additions

   —          —       

Current month redemptions

   (132.33598     (16,997.07  

Net Income (loss) for current month

       186,767.04     
                      

Net Asset Value, end of current month

   31,777.10822      $ 3,933,120.65        123.77   
                      
   Monthly rate of return        4.95

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 - Managed Futures Index Series 2