Forward Commodity L/S Strategy Fund

Risk

Volatility Measurements

Updated 06.30.2014

Standard Deviation 11.2
Mean -0.57
Sharpe Ratio -0.61
Bear Market Decile Rank 64

Modern Portfolio Theory Statistics

Updated 06.30.2014

Standard Index
Credit Suisse Mgd Futures Liquid TR USD
Best Fit Index
Morningstar Metals Commodity TR
R-Squared 14.8 25.22
Beta 0.65 -0.26
Alpha -6.02 -8.05