Monthly Rates of Return in %

Year

Jan

Feb

March

Apr

May

June

July

Aug

Sep

Oct

Nov

Dec

Annual

2002

11.81

Y-T-D 11.81

The above performance chart is no guarantee of future results and should not be interpreted as a forecast of future results. We make no promise as to the performance of the account and no representation is being made or implied that any account shown will or is likely to achieve the profit or loss shown. Investors should appreciate that due to the volatile nature of Commodity markets, the value of your investment can decrease as well as increase and, as such, funds invested should be considered risk capital as in all investments made.

This information is not an offering memorandum and does not constitute an offer to sell or a solicitation of an offer to buy any security. An investment in any fund or program offered by Marblehead Financial Group, Inc. can only be made pursuant to a qualifying private offering memoradum or CFTC disclosure document, the delivery of which has been authorized by Marblehead Financial Group, Inc.

PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.