Equinox Fund Management Announces Fund Performance for 2010

DENVER, Feb. 17, 2011 /PRNewswire/ -- Equinox Fund Management LLC's ("Equinox") managed futures funds delivered a year of strong performance in 2010, with all twelve of its managed futures funds showing positive performance for the year. Equinox's assets under management grew 48% in 2010, and are currently $1.15 billion. Equinox's fund with the most assets, the Balanced Series, returned 14.7% for 2010.  

"We are very pleased with 2010 performance and are committed to striving for excellent returns for our investors," says Robert Enck, Equinox CEO and President. "We continue to explore innovative investments, which provide retail investors access to returns non-correlated to traditional investments."  

Equinox's investment team is led by Richard Bornhoft.  Mr. Bornhoft created one of the first multi-advisor managed futures portfolios in 1983. Through the 1990s, the investment team structured managed futures portfolios for nearly twenty of the world's largest banking organizations, U.S. public pension plans and Fortune 500 corporations.  

"As an investment strategy, managed futures are more likely to be profitable when at least three of its six sectors are positive (Note: there are three financial futures sectors and three physical commodities futures sectors; positive performance occurs through managers taking long and short positions in a sector, not necessarily when the futures price rise in that sector.). In a banner year, like 2008, all six were positive," explains Rich Bornhoft, CIO and Co-Founder of Equinox. "In 2010, a time when managed futures sector performance was divergent; our funds' returns were a testament to holding a diversified portfolio of managed futures strategies and actively monitoring allocations."  

* Class A Shares. Returns reflect capital appreciation and the reinvestment of dividends and capital gains, if any, as well as all fees and expenses but do not reflect any sales load. The maximum sales charge for Class A Shares is 5.75%. Class A Share investors may be eligible for a reduction in sales charges

** Total annualized rate of return since inception (December 31, 2009).

*** Class 2 (wrap fee class) of The Frontier Fund with appropriate fund fees deducted.

Past performance is not necessarily indicative of future results.

About Equinox Fund Management

Equinox Fund Management, which manages over $1.2 billion in assets, and specializes in the design and distribution of innovative alternative investment products for both accredited and non-accredited investors.  

There is no guarantee that managed futures or the funds sponsored by Equinox Fund Management, LLC will meet their intended objective; accordingly, investors could lose a substantial portion, or even all, of their investment. This is not an offer to sell or a solicitation of an offer to buy.

Mutual Funds involve risk including possible loss of principal.

The Fund's indirect and direct exposure to foreign currencies subjects the Fund to the risk that those currencies will decline in value relative to the U.S. Dollar, or, in the case of short positions, that the U.S. Dollar will decline in value relative to the currency that the Fund is short. Currency rates in foreign countries may fluctuate significantly over short periods of time for a number of reasons, including changes in interest rates and the imposition of currency controls or other political developments in the U.S. or abroad. In addition, the Fund may incur transaction costs in connection with conversions between various currencies. The Fund will invest a percentage of its assets in derivatives, such as futures and options contracts. The use of such derivatives may expose the Fund to additional risks that it would not be subject to if it invested directly in the securities and commodities underlying those derivatives. The Fund may experience losses that exceed losses experienced by funds that do not use futures contracts and options. There may be an imperfect correlation between the changes in market value of the securities held by the Fund and the prices of futures and options on futures. Although futures contracts are generally liquid instruments, under certain market conditions there may not always be a liquid secondary market for a futures contract. As a result, the Fund may be unable to close out its futures contracts at a time which is advantageous. Trading restrictions or limitations may be imposed by an exchange, and government regulations may restrict trading in futures contracts and options. Because option premiums paid or received by the Fund are small in relation to the market value of the investments underlying the options, buying and selling put and call options can be more speculative than investing directly in securities. Over-the-counter transactions are subject to little, if any, regulation and may be subject to the risk of counterparty default. A portion of the Fund's assets may be used to trade OTC commodity interest contracts, such as forward contracts, option contracts in foreign currencies and other commodities, or swaps or spot contracts. A substantial portion of the trades of the global macro programs are expected to take place on markets or exchanges outside the United States. Some foreign markets present additional risk, because they are not subject to the same degree of regulation as their U.S. counterparts. Trading on foreign exchanges is subject to the risks presented by exchange controls, expropriation, increased tax burdens and exposure to local economic declines and political instability. An adverse development with respect to any of these variables could reduce the profit or increase the loss earned on trades in the affected international markets. International trading activities are subject to foreign exchange risk. The Fund may employ leverage and may invest in leveraged instruments. The more the Fund invests in leveraged instruments, the more this leverage will magnify any losses on those investments. Leverage will cause the value of the Fund's shares to be more volatile than if the Fund did not use leverage. The Fund may take short positions, directly and indirectly through the Subsidiary, in derivatives. If a derivative in which the Fund has a short position increases in price, the underlying Fund may have to cover its short position at a higher price than the short sale price, resulting in a loss.

Investors should carefully consider the investment objectives, risks, charges and expenses of MutualHedge and The Frontier Fund. This and other important information about MutualHedge or The Frontier Fund are contained in the applicable Prospectuses, which can be obtained by calling 1-866-276-6010 for The Frontier Fund or 1-888-MHEDGE1 (1-888-643-3431) for MutualHedge. The Prospectus should be read carefully before investing. The Frontier Fund is distributed by the Bornhoft Group Securities Corporation, member FINRA. MutualHedge is distributed by Northern Lights Distributors, LLC member FINRA. Equinox Fund Management, LLC and Bornhoft Group Securities Corporation are not affiliated with Northern Lights Distributors, LLC.

TFF24

SOURCE Equinox Fund Management LLC

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