424B3 1 d424b3.htm DECEMBER PERFORMANCE UPDATE FOR CLASS 2 NEW December Performance Update for Class 2 New

Filed Pursuant to Rule 424(b)(3)

Registration No. 333-155800

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December 2010 Performance Update

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

The Frontier Fund Class 2 New

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.

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

 

The Frontier Fund Class 2 New    December 31, 2010   December 31, 2010   NAV / Unit  
   MTD   YTD  

Frontier Diversified Series-2

    2.81%     8.88%     $106.46   

Frontier Dynamic Series-2

    1.21%     2.33%     $94.40   

Frontier Long/Short Commodity Series-2a

    6.28%   18.24%     $121.18   

Frontier Masters Series-2

    2.72%   10.94%     $105.81   

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 December 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

December 31, 2010

(Unaudited)

 

                 Current
Period		  

INCOME

       

Realized trading gain/(loss)

        $ 5,443,777.36   

Unrealized trading gain/(loss)

          (2,937,692.94 ) 

Less: commissions

          (80,206.26 ) 

Less: FCM fees

          (135,911.64 ) 

Foreign currency gain/(loss)

          18,469.41   

Interest income

          85,456.19   
            
Total Income        2,393,892.12   

EXPENSES

       

Management fees

          61,205.68   

Incentive fees

          420,510.12   

Broker service fees

          14,401.44   
            
Total Expenses        496,117.24   
Net Income (Loss)      $ 1,897,774.88   
            
STATEMENT OF CHANGES IN NET ASSET VALUE       
     Units     Dollars     $’s per unit  

Net Asset Value, end of prior month

      650,493.72834      $ 67,359,850.58        103.55   

Current month additions

      11,281.43613        1,176,300.00     

Current month redemptions

      (9,184.85520 )      (960,084.08 )   

Net Income (loss) for current month

        1,897,774.88     
                  

Net Asset Value, end of current month

      652,590.30927      $ 69,473,841.38        106.46   
                        
  

 

Monthly rate of return

  

     2.81 % 

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  
  1775 Sherman Street, Suite 2500  
  Denver, Colorado 80203  
  On Behalf of the Frontier Fund - Diversified Series 2  

THE FRONTIER FUND DYNAMIC SERIES - 2

STATEMENT OF INCOME (LOSS)

FOR THE MONTH ENDED

December 31, 2010

(Unaudited)

 

                   Current
Period		  

INCOME

         

Realized trading gain/(loss)

          $ —     

Unrealized trading gain/(loss)

            371,991.64   

Net change in inter-series payables

            (339,692.06 ) 

Less: commissions

            —     

Less: FCM fees

            (57,446.19 ) 

Foreign currency gain/(loss)

            —     

Interest income

            36,193.50   
              
Total Income         11,046.89   

EXPENSES

  

   

Management fees

            —     

Incentive fees

            —     

Broker service fees

            6,084.73   
              
Total Expenses         6,084.73   
Net Income (Loss)       $ 4,962.16   
              
STATEMENT OF CHANGES IN NET ASSET VALUE         
     Units      Dollars      $’s per unit  

Net Asset Value, end of prior month

      4,382.37339       $ 408,738.03         93.27   

Current month additions

      —           —        

Current month redemptions

      —           —        

Net Income (loss) for current month

         4,962.16      
                    

Net Asset Value, end of current month

      4,382.37339       $ 413,700.19         94.40   
                          
  

 

Monthly rate of return

  

      1.21 % 

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  
  1775 Sherman Street, Suite 2500  
  Denver, Colorado 80203  
  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

December 31, 2010

(Unaudited)

 

                 Current
Period		  

INCOME

       

Realized trading gain/(loss)

        $ 391,888.50   

Unrealized trading gain/(loss)

          (112,767.68 ) 

Less: commissions

          (2,764.46 ) 

Less: FCM fees

          (6,535.96 ) 

Foreign currency gain/(loss)

          31.37   

Interest income

          3,410.68   
Total Income        273,262.45   

EXPENSES

       

Management fees

          8,427.53   

Incentive fees

          52,110.71   

Broker service fee

          697.24   
            
Total Expenses        61,235.48   
Net Income (Loss)      $ 212,026.97   
            
STATEMENT OF CHANGES IN NET ASSET VALUE       
     Units     Dollars     $’s per unit  

Net Asset Value, end of prior month

      26,923.82737      $ 3,069,799.12        114.02   

Current month additions

      4,137.61294        482,000.00     
     (17.24571 )      (2,000.00 )   

Net Income (loss) for current month

        212,026.97     
                  

Net Asset Value, end of current month

      31,044.19460        $3,761,826.09        121.18   
                        
  

 

Monthly rate of return

  

     6.28 % 

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  
  1775 Sherman Street, Suite 2500  
  Denver, Colorado 80203  
  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

December 31, 2010

(Unaudited)

 

                 Current
Period		  

INCOME

       

Realized trading gain/(loss)

        $ 755,833.71   

Unrealized trading gain/(loss)

          78,830.45   

Net change in inter-series payables

          —     

Less: commissions

          (4,312.07 ) 

Less: FCM fees

          (50,460.38 ) 

Foreign currency gain/(loss)

          3,927.87   

Interest income

          18,124.47   
            
Total Income        801,944.05   

EXPENSES

       

Management fees

          41,541.77   

Incentive fees

          82,455.96   

Broker Service Fees

          5,348.25   
            
Total Expenses        129,345.98   
Net Income (Loss)      $ 672,598.07   
            
STATEMENT OF CHANGES IN NET ASSET VALUE       
     Units     Dollars     $’s per unit  

Net Asset Value, end of prior month

      240,481.45537      $ 24,770,219.20        103.00   

Current month additions

      3,184.35416        334,869.12     

Current month redemptions

      (6,796.42994 )      (715,631.28 )   

Net Income (loss) for current month

        672,598.07     
                  

Net Asset Value, end of current month

      236,869.37959      $ 25,062,055.11        105.81   
                        
  

 

Monthly rate of return

  

     2.72 % 

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  
  1775 Sherman Street, Suite 2500  
  Denver, Colorado 80203  
  On Behalf of the Frontier Fund - Masters Series 2