The document discusses managed futures as an alternative asset class, providing data showing their strong long-term performance compared to traditional assets like stocks and bonds. It also profiles Superfund, a leading managed futures provider, outlining their strategy of trend following across over 100 markets and strong risk-adjusted returns. Adding a 25% allocation to Superfund A in a traditional portfolio significantly increased returns and reduced risk over the period from 2000 to 2009.

1. PAST PERFORMANCE IS NO GUARANTEE OF FUTURE RESULTS

2. The Investment Universe
Investment Universe
Traditional Asset Classes Alternative Asset Classes
Cash Hedge Funds
Bonds Managed Futures
Equities Private Equity
Real Estate Credit Derivatives
• Managed futures are an asset class in their own right
separate from traditional investments such as stocks and
bonds.

3. Long Term Dow Jones Cycle

4. Managed Futures vs Equities vs Commodities
From Beginning of 1/1980 CISDM CTA Equal S&P 500 (Index) S&P Goldman
Weighted Index Sachs Comm.
To End of 1/2009
Index
Return Total performance +6,009.13 +665.13 +41.38
Return p.a. +15.22 +7.24 +1.20
Risk Maximum drawdown -15.40 -46.70 -61.03
Longest time off peak 20 months 81 months 282 months
Correlation 1.00 -0.10 -0.02
Source: Bloomberg

5. Managed Futures – An Established Asset Class
•The first Managed futures fund or CTA (Commodity Trading Advisor)
was founded by Richard Donchian (“father of trend following”) in 1948.
Donchian
•Many CTAs have 30+ yrs of successful track record: Dunn, Campbell …
•Over 800 CTAs and 1500 CPOs (Commodity Pool Operator) registered
in the US alone. (CBOT) Dunn
•Many leading endowment funds (Harvard, Stanford, Notre Dame) and
state pension funds (Detroit, San Diego) have long been CTA investors.
Campbell
•All four pictured on this page are featured in the bestselling book Trend
Following by Michael Covel.
Baha

6. Advantages of Managed Futures
• Top performing long term investment
• Over 100 futures markets to choose from (commodities & financials)
• Managed Futures = most diversified + least correlated asset class
• Crashes protection when your portfolio needs it the most
• Profits in up or down markets
• Strict risk management
• Interest income on 100% of assets under management
• No predictions, only reactions to real events
• One of the best ways to get exposure to commodities

7. Managed Futures during Up-Market Cycles
*CASAM CISDM CTA Equal Weighted Index: An index of approximately 300 commodity trading
advisers that voluntarily report their performance to CISDM. S&P 500 Total Return: A
benchmark of U.S. common stock performance. It includes 500 of the largest stocks (by market
value) listed in the U.S. It is considered to be the most important benchmark for market
developments in the U.S. Time frame: 01/1980–12/2007

8. Managed Futures during Down-Market Cycles
*CASAM CISDM CTA Equal Weighted Index: An index of approximately 300
commodity trading advisers that voluntarily report their performance to CISDM. S&P
500 Total Return: A benchmark of U.S. common stock performance. It includes
500 of the largest stocks (by market value) listed in the U.S. It is considered to be
the most important benchmark for market developments in the U.S. Time frame:
01/1980–12/2007

9. Superfund Investment Companies
Superfund is a leading Managed Futures provider worldwide
FACTS
• Established in 1996
• 430 employees in 18 countries
• US$1.7 billion assets under
management as of end of 2008
• 50,000 private and institutional
investors
• More than 40 international awards
• More than 12 years successful track
record
PAST PERFORMANCE IS NO GUARANTEE OF FUTURE RESULTS

10. Regulatory Authorities
EUROPE ASIA
Austria Germany
France Liechtenstein Japan
Holland
Financial Markets Financial Market
Financial Market Financial Market
Federal Financial Financial Services Agency
Authority Authority
Authority Authority
Supervisory Authority
Hong Kong
Sweden
Poland Switzerland
Luxembourg
Securities and
Futures
Supervisory Commission of Financial Supervisory Federal Banking
Financial Market
Commission
the Financial Sector Authority Commission
Authority
AMERICA – USA Singapore
Monetary Authority of Singapore
Commodity Futures
National Futures
Financial Industry
Securities and
Trading Commission
Association
Regulatory Authority
Exchange
Commission

11. Diversification
Trading in over 100 markets worldwide, managed futures can truly diversify
a portfolio.
PAST PERFORMANCE IS NO GUARANTEE OF FUTURE RESULTS

12. Trend Following Strategies
Trend reversal
Trend traps
Trend trap
Entrance
Exit
Exit
Exit Exit
Trend trap
Trend trap
Entrance
Entrance
Strong trend
Profit Entrance
Profit
Trendless period Entrance
Trend reversal
Exit
Strong Trend
Trend reversal
Source: Teletrader

13. Fund Performance
Since 1996: +780.38%, 18.35% p.a.
Since 2000: +567.58%, 23.25% p.a.
Since 2001: +744.40%, 31.67% p.a.
Superfund GOLD A Since 10/05: +159.96%, 33.56% p.a. TRADITIONAL & GOLD
Superfund GOLD B Since 10/05: +202.97%, 39.90% p.a. DYNAMIC & GOLD
Above-average net-performance between
18.35% and 39.90% p.a.1
Up to 1/2009. Past performance is not indicative of future results.
1

14. Superfund A vs Major Hedge Fund indices
From: Beginning of 3/1996 Superfund A CASAM CISDM Credit Suisse
Equal Weighted Hedge Fund MF
To: End of 1/2009 Hedge Fund Index Index
Return Total performance +783.64 +242.97 +176.74
Return p.a. +18.39 +10.00 +8.19
Risk Maximum drawdown -19.93 -21.12 -14.23
Volatility p.a. 23.30 8.04 11.77
MAR Ratio +0.92 +0.47 +0.58
Correlation 1.00 0.06 0.76
Source: Bloomberg
* Superfund Q-AG is a closed fund. Performance results are net of all fees. Past
performance is not indicative of future performance.

15. Superfund A & Superfund B vs MSCI Asia Pacific ex Japan
From: Beginning of 1/2000 Superfund A Superfund B MSCI ac Asia
Pacific ex Japan
To: End of 1/2009
Return Total performance +300.44 +567.58 -10.71
Return p.a. +16.49 +23.26 -1.24
Risk Maximum drawdown -19.93 -28.22 -52.39
Volatility p.a. 24.76 36.01 17.74
MAR Ratio +0.83 +0.82 -0.02
Correlation 1.00 0.96 -0.15
Source: Bloomberg
Note: Superfund Q-AG andSuperfund GCT USD are closed funds. Performance results
are net of all fees. Past performance is not indicative of future performance.
PAST PERFORMANCE IS NO GUARANTEE OF FUTURE RESULTS

16. Traditional Portfolio WITHOUT Superfund A Strategy
-40%
+23%
From Beginning of 3/2000 MSCI World JP Morgan DJ Wilshire Sum
(Index) Government Global Real 33 %|33%|34%
To End of 1/2009
Bond Global Estate Sec.
Return Total performance -37.43 +84.93 +20.64 +23.34
Return p.a. -5.12 +2.12 +7.13 +2.38
Risk Maximum drawdown -50.14 -8.08 -64.86 -40.09
Volatility p.a. 15.70 7.37 18.64 11.43
MAR Ratio -0.10 +0.03 +0.88 +0.06
Correlation 1.00 0.05 0.71 0.81
Source: Bloomberg
PAST PERFORMANCE IS NO GUARANTEE OF FUTURE RESULTS

17. Traditional Portfolio WITH Superfund A Strategy
-17%
+91%
From Beginning of 3/2000 Superfund A MSCI World JP Morgan DJ Wilshire Sum
(Index) Government Global Real 25%|25%|
To End of 1/2009
Bond Global Estate Sec. 25%|25%
Return Total performance +297.72 -37.43 +84.93 +20.64 +91.47
Return p.a. +16.73 -5.12 +7.13 +2.12 +7.55
Risk Maximum drawdown -19.93 -50.14 -8.08 -64.86 -17.17
Volatility p.a. 24.98 15.70 7.37 18.64 10.89
MAR Ratio +0.84 -0.10 +0.88 0.03 +0.44
Correlation 1.00 -0.23 0.22 -0.13 0.75
Source: Bloomberg
Note: Superfund Q-AG is a closed fund. Performance results are net of all fees. Past
performance is not indicative of future performance.
PAST PERFORMANCE IS NO GUARANTEE OF FUTURE RESULTS

18. Capital Protection : GOLD

19. Superfund + Gold = Superfund
Gold
From: Beginning of 3/1996 Superfund A Hybrid: Superfund Gold Spot $/OZ
To: End of 12/2008 Q-AG * Gold
+783.64 +1,943.10 +131.53
Return Total performance
+18.39 +26.33 +6.71
Return p.a.
Risk Maximum drawdown -19.93 -26.25 -36.20
Volatility p.a. 23.30 30.17 15.82
Source: Bloomberg
Note: Superfund Q-AG is a closed fund. Performance results of Hybrid: Superfund Q-AG
*Gold represent simulated results based on historical data, and are provided for information
purposes only to indicate historical performance had the new product strategy been available
over the relevant period. Past and simulated performance is not indicative of future performance.

20. Superfund Gold – How it works
Gold Funds Performance: FUND PERF. + GOLD OZ PERF.
1,910,449
2,196.55
USD
2,196.55
780.38%
869.75
784.11 +1,810 %
January 2009
1996
PAST PERFORMANCE IS NO GUARANTEE OF FUTURE RESULTS

21. Superfund Gold Performance
2005* +17.35% +21.49%
2006 +32.92% +40.32%
2007 +19.28% +16.28%
2008 +32.29% +43.95%
2009** +5.62% +6.17%
Return p.a. +33.56% +39.90%
* Since Inception Oct 05
** As of January 09
PAST PERFORMANCE IS NO GUARANTEE OF FUTURE RESULTS

22. Rankings and Awards : A Story of Success

23. Disclaimer
This presentation has been prepared by Superfund Financial (Singapore) Pte Ltd for financial planners

only and is not intended for general public distribution. The information contained herein is for
educational purposes only. This presentation does not constitute either investment advice or an offer or
an invitation to offer to acquire, dispose of, subscribe for or underwrite any of the securities described
herein. All information and data contained herein was obtained through careful evaluation of
information provided by reliable internal and external sources. However Superfund Financial
(Singapore) Pte Ltd or any other members of the Superfund group of investment companies cannot
guarantee the complete validity and accuracy of all figures as well as the illustrated graphs/diagrams.
Performance results shown in this document are net of all fees. Past performance of the financial

products contained in this presentation, especially performance figures of Superfund Q-AG (closed
fund), Superfund GCT (closed fund) and Superfund Cayman (closed fund), are not indicative of future
results for these or any other products. They exclusively serve as a historical presentation of the
performance of their respective trading managers and of certain members of the Superfund Group. No
subscriptions or follow-up subscriptions from existing investors are possible or will be accepted in
closed funds. Fee structures of open Superfund funds may differ from those of closed Superfund funds
identified herein, in which event the future performance of such open funds will likewise differ from said
closed funds.
Financial products managed by members of the Superfund group of affiliated investment companies

are speculative investments. There is a substantial risk of loss in trading futures and options. Every
capital investment contains risks. The value of an investment may fall as well as rise.


24. Disclaimer
Some performance results indicated herein represent simulated results based on historical data, and

not the results of actual trading. The simulated performance of Superfund Gold A strategy is based
first on the actual past performance of Superfund Q-AG (closed fund) since 1996, which is
denominated in EUR. This performance has then been valorized based on the actual performance of
gold (in USD/ounce) on the London Metal Exchange on the respective valuation dates for Superfund Q-
AG (the last banking day of each month). Superfund Gold A strategy, however, did not yet exist during
the time period cited. Your attention is specifically drawn to the fact that this simulated performance is
based on the price of gold in USD and that fluctuations during this time in the USD/EUR exchange rate
have not been considered or included in the simulated performance. The simulated performance
results are provided for informational purposes only to indicate historical performance had the new
product strategies been available over the relevant period. No representation is being made that any
investment will or is likely to achieve results similar to those shown. Past and simulated performance
is not indicative of future results. Although the simulation includes adjustments for certain fees
payable by the new strategies, the simulated performance results may vary once actual fees are taken
into account. Hypothetical performance results have many inherent limitations. No representation is
being made that any investment will or is likely to achieve profits or losses similar to those shown.
THE AUTHOR AND DISTRIBUTORS OF THIS MATERIAL EXPRESSLY DISCLAIM ANY AND ALL

LIABILITY FOR ANY INACCURACIES CONTAINED IN THIS DOCUMENT, AND SHALL NOT BE HELD
LIABLE FOR THE SAME.