The Trust has filed with the SEC in Washington, D.C. a registration
statement covering all Series of Units on Form S-1, as amended, or the
Registration Statement, with respect to the securities offered hereby. This
Prospectus does not contain all of the information set forth in the
Registration Statement, certain portions of which have been omitted pursuant to
the rules and regulations of the SEC, including, without limitation, certain
exhibits attached to the Registration Statement (e.g., the Selling Agreement,
the Escrow Agreement, and the Brokerage Agreements). A copy of the Registration
Statement has also been provided to the National Futures Association, Chicago,
Illinois. The descriptions contained herein of agreements included as exhibits
to the Registration Statement are necessarily summaries. Reference is made to
the Registration Statement, including the exhibits attached thereto, for
further information with respect to the Trust and each Series' securities. You
may read and copy the registration statement and the exhibits to the
registration statement at the SEC public reference room located at 450 Fifth
Street N.W., Washington, D.C. 20549. You may obtain information on the
operation of the public reference room be calling the SEC at 1-800-SEC-0330.
The registration statement is also available on the SEC's website at
http://www.sec.gov, which contains reports, proxy and information statements
and other information regarding companies that file electronically with the
SEC.