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CUSIP: 35907Y667
INCEPTION DATE: Jun 9, 2009
CUSIP: 35907Y659
INCEPTION DATE: Jun 9, 2009
CUSIP: 35907Y642
INCEPTION DATE: Jun 17, 2013

DAILY PRICING (as of Apr 26, 2017)

NAV: Change: Change: Change YTD:
$91.13 -$0.11 -0.12% -1.73%

DAILY PRICING (as of Apr 26, 2017)

NAV: Change: Change: Change YTD:
$104.39 -$0.13 -0.12% -1.18%

DAILY PRICING (as of Apr 26, 2017)

NAV: Change: Change: Change YTD:
$106.30 -$0.13 -0.12% -1.10%

Equinox Frontier Long/Short Commodity Fund is a multi-strategy managed futures fund that seeks attractive returns while managing risk by accessing several long, short and market-neutral managed futures programs with a 90% target exposure to energy, metals and agricultural commodities.

Diversified exposure to physical commodities 

Seeking exposure to multiple managed futures programs with varying trading strategies, the Fund has the potential to diversify portfolios with exposure to managed futures programs heavily weighted in financial futures.

Potential Benefit: Potential to enhance returns and reduce risk when added to portfolios with exposure to financial futures

Profit potential in rising and falling markets

The Fund has the ability to go long (buy) futures positions, in anticipation of rising markets, or go short (sell) futures positions, in anticipation of falling markets.

Potential Benefit: Profit opportunities in up and down markets    

Extensive managed futures investing experience

The Equinox portfolio management team is one of the most experienced in managing multi-strategy managed futures portfolios, offering over 30 years of investing experience.   

Potential Benefit: Access to decades of managed futures investing experience   

 

The Equinox Frontier Long/Short Commodity Fund was previously named the Frontier Long/Short Commodity Series. The Equinox Frontier Funds (the Trust) was previously named The Frontier Fund.

 

 

 

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. THERE IS RISK OF LOSS. YOU CAN LOSE MONEY IN A MANAGED FUTURES PROGRAM.

Securities offered through Equinox Group Distributors, LLC, Member FINRA.
47 Hulfish Street, Suite 510, Princeton, NJ 08542 
1.877.837.0600

There is a substantial risk of loss in managed futures, and there can be no guarantee that any managed futures program or the Equinox Frontier Funds will meet their intended objective; accordingly, an investment in the Equinox Frontier Funds may not be suitable for everyone. The Funds are highly speculative and their success depends upon the ability of Equinox Fund Management, LLC to allocate assets to multiple strategies and commodity trading advisors (“CTAs”). The Funds also rely on each of the CTAs chosen in meeting the investment objectives. An investment in the Funds involve a high degree of risk due to substantial price volatility in domestic and foreign markets for financial instruments, currencies, energy, metals, and commodities and the uncertainty as to the ability of the CTAs to profit in the markets traded.

  • Futures, forward, and options trading are speculative, volatile, and highly leveraged; select markets and instruments may be subject to liquidity restrictions from time to time.
  • An investor could lose a substantial portion, or even all, of his or her investment.
  • An investor’s annual tax liability may exceed cash distributions.
  • There is no secondary markets for the units and the transfer of units is restricted. If you redeem all or portion of your class 1 units before the end of 12 months following your purchase, you will be charged a redemption fee of up to 2% of the purchase prices of the units being redeemed.
  • The Funds face the risk of non-performance by the counterparties to the OTC contracts.
  • The Equinox Frontier Funds are not mutual funds and are not subject to regulation under the Investment Company Act of 1940, as amended.

Investors should carefully consider the investment objectives, risks, charges and expenses of the Funds. This and other important information about the Funds are in the relevant Prospectuses which can be obtained by calling 1.877.837.0600 The prospectus should be read carefully before investing.

Administration: For the Equinox Frontier Funds, BNP Paribas Financial Services, LLC manages NAV administration and Gemini Fund Services, LLC manages Transfer Agency Administration. Equinox Fund Management, LLC, Equinox Group Distributors, LLC, Equinox Institutional Asset Management, LP and Equinox Financial Solutions, LLC are not affiliated with BNP Paribas Financial Services, LLC, or Gemini Fund Services, LLC.

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Equinox Frontier Long/Short Commodity Fund invests in multiple managed futures strategies that trade primarily physical commodities. The Fund actively allocates across managed futures strategies with different trading methodologies, markets and trading time horizons.

Futures diversification by sector

The futures diversification by sector is based on long-term sector averages for the managed futures programs in the Fund portfolio.  

Performance attribution by sector — as of Dec 31, 2016


Sector performance attribution is depicted net of fund fees and expenses. For purposes of the chart above, the performance of the Fund's interest in the Equinox Frontier Funds' cash management pool has been attributed ratably among the sectors. Past performance does not guarantee future results. Equinox Frontier Long/Short Commodity Fund, Class 2a.

Fund exposure by futures strategy — as of Dec 31, 2016

Futures Strategy
% Exposure
program description
Info, Notes & Performance
Red Oak Commodity Advisors, Inc.
25.9%
Fundamental, Discretionary
Firm location:
Englewood Cliffs, NJ 
Program name:
Fundamental Trading program 
Program inception:
December 1989 
Firm AUM (3/31/17):
$25.9 million 
Principal(s):
Gary A. Gerstein,
Phyllis Weaver

Emil van Essen, LLC
20.0%
Systematic / Spread Trading
Firm location:
Chicago, IL  
Program name:
Multi Strategy Program 
Program inception:
May 2014 
Firm AUM (4/1/17):
$151 million  
Principal(s):
Emil Van Essen

The Multi-Strategy Program (MSP) is an approximate 50/50 combination of the Spread Trading Program (STP) and the Long-Short Commodity Program (LSCP). STP seeks non-correlated alpha through the spread and relative value trading of exchange-listed futures and options that are primarily commodity contracts. Quantitative research and significant discretion are used in trade selection and execution. The LSCP is a short to medium-term systematic program with a discretionary overlay that trades outright positions on 13 exchange-listed commodity futures contracts. The program uses multiple trend models on both outright and calendar spread data and analyzes historical spread levels to generate daily trade signals. The MSP is designed to generate returns that have a low to negative correlation to most CTA and commodity programs.

J E Moody & Company
20.0%
Spread Trading
Firm location:
Portland, OR 
Program name:
Commodity Relative Value program 
Program inception:
May 2006 
Firm AUM (3/31/17):
$164 million 
Principal(s):
John E. Moody, Ph.D.

Rosetta Capital Management, LLC
17.7%
Discretionary, Quantitative
Firm location:
Chicago, IL  
Program name:
Rosetta Trading program 
Program inception:
April 2000 
Firm AUM (3/31/17):
$21.41 million  
Principal(s):
James Green

Chesapeake Capital Corporation
13.2%
Systematic; Long-Term Trend Following
Firm location:
Richmond,VA  
Program name:
Diversified program 
Program inception:
February 1988 
Firm AUM (3/31/17):
$176.60 million  
Principal(s):
R. Jerry Parker, Jr.,
Michael L. Ivie

Landmark Trading Company
3.2%
Other

Portfolio holdings are as of the date stated, are subject to change, and should not be considered investment advice. The portfolio holdings do not include investments of the Equinox Frontier Funds (the “Trust”) cash management pool and the related allocation to the Quest Fixed Income Tracker-based Hedge Program (“QFIT”). QFIT is designed to produce investment returns that have a positive correlation to medium-term interest rates in the United States.  Equinox Fund Management, LLC is allocating to QFIT in order to hedge its cash management investments in U.S. Treasuries.  Such allocation is intended to mitigate duration risk and preserve capital in the Trust’s cash management pool, rather than generate capital appreciation as with the Trust’s other investments in CTA trading programs. The Trust’s total allocation to QFIT was $135 million, as of 3/31/2016.  Such allocation is shared pro-rata by each Fund of the Trust.     

Top and bottom month-to-date performance attribution by futures strategy — as of Dec 31, 2016

Top Performing Strategies
Bottom Performing Strategies



Top and bottom year-to-date performance attribution by futures strategy — as of Dec 31, 2016

Top Performing Strategies
Bottom Performing Strategies

Individual CTA performance attribution is depicted net of fund fees and expenses.  Interest income or other gain or loss in respect of cash management is not included in the CTA performance. Equinox Frontier Long/Short Commodity Fund, Class 2a.

Correlation matrix of futures strategies — Jan 1, 2012 - Dec 31, 2016

Chesapeake J E Moody Red Oak Rosetta
Chesapeake 1.00
J E Moody 0.101.00
Red Oak 0.310.041.00
Rosetta 0.00-0.090.111.00

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. THERE IS RISK OF LOSS. YOU CAN LOSE MONEY IN A MANAGED FUTURES PROGRAM.

Securities offered through Equinox Group Distributors, LLC, Member FINRA.
47 Hulfish Street, Suite 510, Princeton, NJ 08542 
1.877.837.0600

There is a substantial risk of loss in managed futures, and there can be no guarantee that any managed futures program or the Equinox Frontier Funds will meet their intended objective; accordingly, an investment in the Equinox Frontier Funds may not be suitable for everyone. The Funds are highly speculative and their success depends upon the ability of Equinox Fund Management, LLC to allocate assets to multiple strategies and commodity trading advisors (“CTAs”). The Funds also rely on each of the CTAs chosen in meeting the investment objectives. An investment in the Funds involve a high degree of risk due to substantial price volatility in domestic and foreign markets for financial instruments, currencies, energy, metals, and commodities and the uncertainty as to the ability of the CTAs to profit in the markets traded.

  • Futures, forward, and options trading are speculative, volatile, and highly leveraged; select markets and instruments may be subject to liquidity restrictions from time to time.
  • An investor could lose a substantial portion, or even all, of his or her investment.
  • An investor’s annual tax liability may exceed cash distributions.
  • There is no secondary markets for the units and the transfer of units is restricted. If you redeem all or portion of your class 1 units before the end of 12 months following your purchase, you will be charged a redemption fee of up to 2% of the purchase prices of the units being redeemed.
  • The Funds face the risk of non-performance by the counterparties to the OTC contracts.
  • The Equinox Frontier Funds are not mutual funds and are not subject to regulation under the Investment Company Act of 1940, as amended.

Investors should carefully consider the investment objectives, risks, charges and expenses of the Funds. This and other important information about the Funds are in the relevant Prospectuses which can be obtained by calling 1.877.837.0600 The prospectus should be read carefully before investing.

Administration: For the Equinox Frontier Funds, BNP Paribas Financial Services, LLC manages NAV administration and Gemini Fund Services, LLC manages Transfer Agency Administration. Equinox Fund Management, LLC, Equinox Group Distributors, LLC, Equinox Institutional Asset Management, LP and Equinox Financial Solutions, LLC are not affiliated with BNP Paribas Financial Services, LLC, or Gemini Fund Services, LLC.

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Fund Performance

As of Apr 26, 2017 As of Mar 31, 2017
Fund Name 1 month ytd quarter 1 year 3 years 1 5 years 1 since
inception 1
Equinox Frontier Long/Short Commodity Fund
Class 1a (inception: Jun 9, 2009)
-3.52% -1.73% 4.56% 4.78% 5.57% -4.26% -0.39%
As of Apr 26, 2017 As of Mar 31, 2017
Fund Name 1 month ytd quarter 1 year 3 years 1 5 years 1 since
inception 1
Equinox Frontier Long/Short Commodity Fund
Class 2a (inception: Jun 9, 2009)
-3.37% -1.18% 5.02% 6.51% 7.40% -2.60% 1.34%
As of Apr 26, 2017 As of Mar 31, 2017
Fund Name 1 month ytd quarter 1 year 3 years 1 5 years 1 since
inception 1
Equinox Frontier Long/Short Commodity Fund
Class 3a (inception: Jun 17, 2013)
-3.35% -1.10% 5.09% 7.68% 7.97% 0.80%

Performance is net of fees and expenses, including management fees, incentive fees, brokerage commissions and trading fees and expenses, due diligence and custodial fees and expenses and service fees payable to selling brokers.The Equinox Frontier Long/Short Commodity Fund was previously named the Frontier Long/Short Commodity Series.

1 Annualized rate of return  

Performance and risk versus benchmarks — as of Mar 31, 2017

Fund/index 1 month ytd 2014 2015 2016 Cumulative Return Annualized ROR Maximum Drawdown standard deviation Correlation
Vs. Indices
Equinox Frontier Long/Short Commodity Fund
Class 1a
-2.41% 4.56% 9.05% -6.29% -2.13% -3.02% -0.39% -40.49% 14.50% 1.00
Long Only Commodities 1
-3.91% -5.05% -33.06% -32.86% 11.37% -45.78% -7.52% -64.97% 18.96% 0.13
Equities 2
0.12% 6.07% 13.69% 155.46% 11.96% 203.36% 15.22% -16.26% 12.48% 0.15
Managed Futures 3
-0.93% -1.79% 12.33% -0.92% -4.44% 2.68% 0.34% -11.38% 6.19% 0.48
Fixed Income 4
-0.05% 0.82% 5.97% 0.55% 2.65% 35.24% 3.93% -3.67% 2.89% 0.07

Performance and risk versus benchmarks — as of Mar 31, 2017

Fund/index 1 month ytd 2014 2015 2016 Cumulative Return Annualized ROR Maximum Drawdown standard deviation Correlation
Vs. Indices
Equinox Frontier Long/Short Commodity Fund
Class 2a
-2.26% 5.02% 10.97% -4.63% -0.50% 10.95% 1.34% -37.22% 14.56% 1.00
Long Only Commodities 1
-3.91% -5.05% -33.06% -48.72% 11.37% -45.78% -7.52% -64.97% 18.96% 0.14
Equities 2
0.12% 6.07% 13.69% 155.46% 11.96% 203.36% 15.22% -16.26% 12.48% 0.15
Managed Futures 3
-0.93% -1.79% 12.33% -0.92% -4.44% 2.68% 0.34% -11.38% 6.19% 0.48
Fixed Income 4
-0.05% 0.82% 5.97% 0.55% 2.65% 35.24% 3.93% -3.67% 2.89% 0.07

Performance and risk versus benchmarks — as of Mar 31, 2017

Fund/index 1 month ytd 2014 2015 2016 Cumulative Return Annualized ROR Maximum Drawdown standard deviation Correlation
Vs. Indices
Equinox Frontier Long/Short Commodity Fund
Class 3a
-2.24% 5.10% 11.25% -4.39% 0.57% 3.06% 0.79% -23.63% 16.46% 1.00
Long Only Commodities 1
-3.91% -5.05% -33.06% -32.86% 11.37% -50.25% -16.65% -60.49% 19.27% -0.31
Equities 2
0.12% 6.07% 13.69% 1.38% 11.96% 57.06% 12.50% -8.36% 10.46% -0.24
Managed Futures 3
-0.93% -1.79% 12.33% -0.92% -4.44% 3.13% 0.81% -11.38% 6.83% 0.45
Fixed Income 4
-0.05% 0.82% 5.97% 0.55% 2.65% 8.66% 2.66% -3.28% 2.87% 0.09

INVESTORS CANNOT DIRECTLY INVEST IN AN INDEX AND UNMANAGED INDEX RETURNS DO NOT REFLECT ANY FEES, EXPENSES OR SALES CHARGES. The referenced indices are shown for general market comparisons and are not meant to represent the Fund.

1S&P GSCI® Index

2S&P 500® Total Return Index

3Barclay BTOP50 Index®† - The Barclay BTOP50 Index® does not encompass the whole universe of CTAs. The CTAs that comprise the index have submitted their information voluntarily.

4Barclays Capital Aggregate Bond Index®†

 

 

Performance of a hypothetical $10,000 investment — Jun 2009 to Mar 2017

Equinox Frontier Long/Short Commodity Fund - Class 1a ($9,698 as of Mar 2017)
Barclay BTOP50 Index ($10,268 as of Mar 2017)

Performance of a hypothetical $10,000 investment — Jun 2009 to Mar 2017

Equinox Frontier Long/Short Commodity Fund - Class 2a ($11,095 as of Mar 2017)
Barclay BTOP50 Index ($10,268 as of Mar 2017)

Performance of a hypothetical $10,000 investment — Jun 2013 to Mar 2017

Equinox Frontier Long/Short Commodity Fund - Class 3a ($10,306 as of Mar 2017)
Barclay BTOP50 Index ($10,313 as of Mar 2017)

Fund Performance is net of fees and expenses. Equinox Frontier Long/Short Commodity Fund, Class 2a.

Barclay BTOP50 Index®† does not encompass the whole universe of CTAs. The CTAs that comprise the index have submitted their information voluntarily. Investors cannot directly invest in an index and unmanaged index returns do not reflect any fees, expenses or sales charges. 

Sources: Gemini Fund Services, LLC, PerTrac Financial Solutions, LLC.

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. THERE IS RISK OF LOSS. YOU CAN LOSE MONEY IN A MANAGED FUTURES PROGRAM.

Securities offered through Equinox Group Distributors, LLC, Member FINRA.
47 Hulfish Street, Suite 510, Princeton, NJ 08542 
1.877.837.0600

There is a substantial risk of loss in managed futures, and there can be no guarantee that any managed futures program or the Equinox Frontier Funds will meet their intended objective; accordingly, an investment in the Equinox Frontier Funds may not be suitable for everyone. The Funds are highly speculative and their success depends upon the ability of Equinox Fund Management, LLC to allocate assets to multiple strategies and commodity trading advisors (“CTAs”). The Funds also rely on each of the CTAs chosen in meeting the investment objectives. An investment in the Funds involve a high degree of risk due to substantial price volatility in domestic and foreign markets for financial instruments, currencies, energy, metals, and commodities and the uncertainty as to the ability of the CTAs to profit in the markets traded.

  • Futures, forward, and options trading are speculative, volatile, and highly leveraged; select markets and instruments may be subject to liquidity restrictions from time to time.
  • An investor could lose a substantial portion, or even all, of his or her investment.
  • An investor’s annual tax liability may exceed cash distributions.
  • There is no secondary markets for the units and the transfer of units is restricted. If you redeem all or portion of your class 1 units before the end of 12 months following your purchase, you will be charged a redemption fee of up to 2% of the purchase prices of the units being redeemed.
  • The Funds face the risk of non-performance by the counterparties to the OTC contracts.
  • The Equinox Frontier Funds are not mutual funds and are not subject to regulation under the Investment Company Act of 1940, as amended.

Investors should carefully consider the investment objectives, risks, charges and expenses of the Funds. This and other important information about the Funds are in the relevant Prospectuses which can be obtained by calling 1.877.837.0600 The prospectus should be read carefully before investing.

Administration: For the Equinox Frontier Funds, BNP Paribas Financial Services, LLC manages NAV administration and Gemini Fund Services, LLC manages Transfer Agency Administration. Equinox Fund Management, LLC, Equinox Group Distributors, LLC, Equinox Institutional Asset Management, LP and Equinox Financial Solutions, LLC are not affiliated with BNP Paribas Financial Services, LLC, or Gemini Fund Services, LLC.

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Equinox Investment Philosophy and Process

At Equinox Funds, we believe that alternative and traditional investment portfolios built around rigorous diversification and dynamic risk management can add long-term value to an investment strategy. With this philosophy in mind, the Equinox portfolio management team employs the following six-step investment process:

Equinox Investment Process Overview

Step 1 SCREEN
After determining a Fund or Program’s goals and objectives, the Portfolio Team screens the manager universe for suitable candidates.
Step 2 ANALYZE
During this stage, the Portfolio Team seeks to rigorously evaluate historical performance and portfolio attributes as they relate to performance, volatility and strategy discipline.
Step 3 SELECT
The next step involves performing exhaustive due diligence on organization, personnel, investment process and operations.
Step 4 CONSTRUCT
At this stage of the process the anticipated portfolio is stressed using simulation tools for optimal return, risk, correlation and drawdown metrics.
Step 5 MANAGE
Once the initial candidates are identified, the Portfolio Team continually rebuilds the universe of managers and retests the portfolio dynamics.
Step 6 REBALANCE
Continuous monitoring of existing managers’ trading and performance seeks to detect style drift or other potential issues and rebalancing occurs as necessary.

Throughout the process, our goal is to provide investors with high-quality alternative investment portfolios that — when added to an asset allocation strategy — can potentially reduce risk and enhance returns over time.

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. THERE IS RISK OF LOSS. YOU CAN LOSE MONEY IN A MANAGED FUTURES PROGRAM.

Securities offered through Equinox Group Distributors, LLC, Member FINRA.
47 Hulfish Street, Suite 510, Princeton, NJ 08542 
1.877.837.0600

There is a substantial risk of loss in managed futures, and there can be no guarantee that any managed futures program or the Equinox Frontier Funds will meet their intended objective; accordingly, an investment in the Equinox Frontier Funds may not be suitable for everyone. The Funds are highly speculative and their success depends upon the ability of Equinox Fund Management, LLC to allocate assets to multiple strategies and commodity trading advisors (“CTAs”). The Funds also rely on each of the CTAs chosen in meeting the investment objectives. An investment in the Funds involve a high degree of risk due to substantial price volatility in domestic and foreign markets for financial instruments, currencies, energy, metals, and commodities and the uncertainty as to the ability of the CTAs to profit in the markets traded.

  • Futures, forward, and options trading are speculative, volatile, and highly leveraged; select markets and instruments may be subject to liquidity restrictions from time to time.
  • An investor could lose a substantial portion, or even all, of his or her investment.
  • An investor’s annual tax liability may exceed cash distributions.
  • There is no secondary markets for the units and the transfer of units is restricted. If you redeem all or portion of your class 1 units before the end of 12 months following your purchase, you will be charged a redemption fee of up to 2% of the purchase prices of the units being redeemed.
  • The Funds face the risk of non-performance by the counterparties to the OTC contracts.
  • The Equinox Frontier Funds are not mutual funds and are not subject to regulation under the Investment Company Act of 1940, as amended.

Investors should carefully consider the investment objectives, risks, charges and expenses of the Funds. This and other important information about the Funds are in the relevant Prospectuses which can be obtained by calling 1.877.837.0600 The prospectus should be read carefully before investing.

Administration: For the Equinox Frontier Funds, BNP Paribas Financial Services, LLC manages NAV administration and Gemini Fund Services, LLC manages Transfer Agency Administration. Equinox Fund Management, LLC, Equinox Group Distributors, LLC, Equinox Institutional Asset Management, LP and Equinox Financial Solutions, LLC are not affiliated with BNP Paribas Financial Services, LLC, or Gemini Fund Services, LLC.

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Portfolio Management Team

 

Dr. Ajay Dravid

Chief Investment Officer, Equinox Institutional Asset Management, LP

Managing Director of Portfolio Strategy, Equinox Fund Management, LLC

As Managing Director of Portfolio Strategy at Equinox Fund Management, Dr. Dravid is involved in day-to-day portfolio and risk management for all of Equinox Funds' offerings.  In addition, Dr. Dravid is involved in the development and the structuring of new products... | MORE

Richard E. Bornhoft

Managing Director, Portfolio Management, Equinox Fund Management, LLC

Mr. Bornhoft has over 30 years of experience in the alternative investment industry.  He co-founded Equinox Fund Management in 2003 and currently serves as Managing Director of Portfolio Management.  | MORE

Dr. Rufus Rankin

Director of Portfolio Management, Equinox Fund Management, LLC

Dr. Rankin is the Director of Portfolio Strategy of Equinox Fund Management.  In addition, Dr. Rankin also assists with the conception, development and implementation of new products... | MORE

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. THERE IS RISK OF LOSS. YOU CAN LOSE MONEY IN A MANAGED FUTURES PROGRAM.

Securities offered through Equinox Group Distributors, LLC, Member FINRA.
47 Hulfish Street, Suite 510, Princeton, NJ 08542 
1.877.837.0600

There is a substantial risk of loss in managed futures, and there can be no guarantee that any managed futures program or the Equinox Frontier Funds will meet their intended objective; accordingly, an investment in the Equinox Frontier Funds may not be suitable for everyone. The Funds are highly speculative and their success depends upon the ability of Equinox Fund Management, LLC to allocate assets to multiple strategies and commodity trading advisors (“CTAs”). The Funds also rely on each of the CTAs chosen in meeting the investment objectives. An investment in the Funds involve a high degree of risk due to substantial price volatility in domestic and foreign markets for financial instruments, currencies, energy, metals, and commodities and the uncertainty as to the ability of the CTAs to profit in the markets traded.

  • Futures, forward, and options trading are speculative, volatile, and highly leveraged; select markets and instruments may be subject to liquidity restrictions from time to time.
  • An investor could lose a substantial portion, or even all, of his or her investment.
  • An investor’s annual tax liability may exceed cash distributions.
  • There is no secondary markets for the units and the transfer of units is restricted. If you redeem all or portion of your class 1 units before the end of 12 months following your purchase, you will be charged a redemption fee of up to 2% of the purchase prices of the units being redeemed.
  • The Funds face the risk of non-performance by the counterparties to the OTC contracts.
  • The Equinox Frontier Funds are not mutual funds and are not subject to regulation under the Investment Company Act of 1940, as amended.

Investors should carefully consider the investment objectives, risks, charges and expenses of the Funds. This and other important information about the Funds are in the relevant Prospectuses which can be obtained by calling 1.877.837.0600 The prospectus should be read carefully before investing.

Administration: For the Equinox Frontier Funds, BNP Paribas Financial Services, LLC manages NAV administration and Gemini Fund Services, LLC manages Transfer Agency Administration. Equinox Fund Management, LLC, Equinox Group Distributors, LLC, Equinox Institutional Asset Management, LP and Equinox Financial Solutions, LLC are not affiliated with BNP Paribas Financial Services, LLC, or Gemini Fund Services, LLC.

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