424B3 1 d710822d424b3.htm MARCH 2014 PERFORMANCE UPDATE - CLASS 3 March 2014 Performance Update - Class 3

Filed Pursuant to Rule 424(b)(3)
Registration No. 333-155800

 

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March 2014 Performance Update

Equinox Frontier Funds Supplement Dated March 31, 2014 to Prospectus Dated April 30, 2013.

Equinox Frontier Funds Class 3

EQUINOX FRONTIER FUNDS’ GOAL: To provide you – the investor – with a managed futures product that, over the long term, provides attractive returns, reduces volatility, and improves the overall performance of your investment portfolio.

March performance for the Equinox Frontier Funds is detailed below:*

 

Equinox Frontier Funds Class 3    March 31, 2014   March 31, 2014   NAV / Unit  
   MTD   YTD  

Equinox Frontier Diversified Fund-3

   -3.02%   -1.53%   $ 82.92   

Equinox Frontier Long/Short Commodity Fund-3a

   -2.98%   -10.68%     $ 89.74   

Equinox Frontier Masters Fund-3

   -1.66%   -4.47%   $ 87.80   

Additional information, including monthly rates of return, concerning the aforementioned Funds and the Trading Advisor(s) is contained in the Prospectus and the respective Fund’s Appendix to the Prospectus.

 

* The above table sets forth the actual performance of the Fund and Class as of March 31, 2014. Actual gross trading performance (gross realized and unrealized gain/loss before deduction for trading commissions and fees, management fees, any other expense, and before addition of interest income) is adjusted for the trading expenses, management fees, initial service fees, on-going service fees, and interest income of the applicable Fund.
** The inception date for the Equinox Frontier Diversified Fund, Class 3 was February 25, 2014. Year-to-date (YTD) percentages represent those respective periods since inception.

THIS INSERT MUST BE ACCOMPANIED OR PRECEDED BY THE CURRENT PROSPECTUS OF EQUINOX FRONTIER FUNDS

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS


EQUINOX FRONTIER DIVERSIFIED FUND - Class 3

STATEMENT OF INCOME (LOSS)

FOR THE MONTH ENDED

March 31, 2014

(Unaudited)

 

     Current
Period
 

INCOME

  

Realized trading gain (loss)

   $ 10,976.97   

Unrealized trading gain (loss)

     (28,197.18

Less: Commissions

     (1,189.51

Less: Trading Fee paid to Managing Owner

     (1,266.03

Interest income

     602.26   
  

 

 

 

Total Income

     (19,073.49

EXPENSES

  

Broker service fees

     0.00   

Incentive fees

     647.48   

Management fees

     1,015.50   
  

 

 

 

Total Expenses

     1,662.98   
  

 

 

 

Net Income (Loss)

   $ (20,736.47
  

 

 

 

Statement of Changes in Net Asset Value

 

     Units      Dollars     $’s per unit  

Net asset value, beginning of month

     6,418.31308       $ 548,798.38      $ 85.51   

Current month additions

     2,404.17293         203,521.81     

Current month redemptions

     0.00000         0.00     

Net income (loss) for current month

        (20,736.47     (2.59
  

 

 

    

 

 

   

 

 

 

Net asset value, end of current month

     8,822.48601       $ 731,583.72      $ 82.92   
  

 

 

    

 

 

   

 

 

 
     Monthly rate of return        -3.02

To the best of my knowledge and belief, the information

contained in this statement is accurate and complete

/s/ Vance Sanders

 

Vance Sanders, Chief Financial Officer of the Managing Owner

Equinox Fund Management LLC

1775 Sherman Street, Suite 2500

Denver, Colorado 80203

EQUINOX FRONTIER DIVERSIFIED FUND - Class 3


EQUINOX FRONTIER LONG/SHORT COMMODITY FUND - Class 3a

STATEMENT OF INCOME (LOSS)

FOR THE MONTH ENDED

March 31, 2014

(Unaudited)

 

     Current
Period
 

INCOME

  

Realized trading gain (loss)

   $ (6,431.60

Unrealized trading gain (loss)

     (2,982.70

Less: Commissions

     (884.33

Less: Trading Fee paid to Managing Owner

     (796.32

Interest income

     421.54   
  

 

 

 

Total Income

     (10,673.41

EXPENSES

  

Broker service fees

     0.00   

Incentive fees

     0.00   

Management fees

     1,470.10   
  

 

 

 

Total Expenses

     1,470.10   
  

 

 

 

Net Income (Loss)

   $ (12,143.51
  

 

 

 

Statement of Changes in Net Asset Value

 

     Units     Dollars     $’s per unit  

Net asset value, beginning of month

     4,382.30768      $ 405,346.64      $ 92.50   

Current month additions

     235.11711        21,820.70     

Current month redemptions

     (209.82875     (19,486.14  

Net income (loss) for current month

       (12,143.51     (2.76
  

 

 

   

 

 

   

 

 

 

Net asset value, end of current month

     4,407.59604      $ 395,537.69      $ 89.74   
  

 

 

   

 

 

   

 

 

 
     Monthly rate of return        -2.98

To the best of my knowledge and belief, the information

contained in this statement is accurate and complete

/s/ Vance Sanders

 

Vance Sanders, Chief Financial Officer of the Managing Owner

Equinox Fund Management LLC

1775 Sherman Street, Suite 2500

Denver, Colorado 80203

EQUINOX FRONTIER LONG/SHORT COMMODITY FUND - Class 3a


EQUINOX FRONTIER MASTERS FUND - Class 3

STATEMENT OF INCOME (LOSS)

FOR THE MONTH ENDED

March 31, 2014

(Unaudited)

 

     Current
Period
 

INCOME

  

Realized trading gain (loss)

   $ 1,665.96   

Unrealized trading gain (loss)

     (11,063.86

Less: Commissions

     (765.96

Less: Trading Fee paid to Managing Owner

     (1,484.08

Interest income

     807.35   
  

 

 

 

Total Income

     (10,840.59

EXPENSES

  

Broker service fees

     0.00   

Incentive fees

     (1,113.47

Management fees

     2,277.81   
  

 

 

 

Total Expenses

     1,164.34   
  

 

 

 

Net Income (Loss)

   $ (12,004.93
  

 

 

 

Statement of Changes in Net Asset Value

 

     Units     Dollars     $’s per unit  

Net asset value, beginning of month

     7,439.56506      $ 664,188.38      $ 89.28   

Current month additions

     2,897.74376        254,348.55     

Current month redemptions

     (935.32401     (81,042.54  

Net income (loss) for current month

       (12,004.93     (1.48
  

 

 

   

 

 

   

 

 

 

Net asset value, end of current month

     9,401.98481      $ 825,489.46      $ 87.80   
  

 

 

   

 

 

   

 

 

 
     Monthly rate of return        -1.66

To the best of my knowledge and belief, the information

contained in this statement is accurate and complete

/s/ Vance Sanders

 

Vance Sanders, Chief Financial Officer of the Managing Owner

Equinox Fund Management LLC

1775 Sherman Street, Suite 2500

Denver, Colorado 80203

EQUINOX FRONTIER MASTERS FUND - Class 3


EQUINOX FRONTIER DIVERSIFIED FUND

STATEMENT OF INCOME (LOSS)

FOR THE MONTH ENDED

March 31, 2014

(Unaudited)

 

     Current
Period
 

INCOME

  

Realized trading gain (loss)

   $ 1,334,795.11   

Unrealized trading gain (loss)

     (2,780,800.91

Less: Commissions

     (105,514.23

Less: Trading Fee paid to Managing Owner

     (113,494.35

Interest income

     53,898.15   
  

 

 

 

Total Income

     (1,611,116.23

EXPENSES

  

Trading fees

     0.00   

Broker service fees

     48,239.32   

Incentive fees

     19,572.23   

Management fees

     90,562.83   
  

 

 

 

Total Expenses

     158,374.38   
  

 

 

 

Net Income (Loss)

   $ (1,769,490.61
  

 

 

 

Statement of Changes in Net Asset Value

 

     Units     Dollars     Aggregate
Net Asset Value
per unit*
 

Net asset value, beginning of month

     660,116.75604      $ 59,012,844.35      $ 89.40   

Current month additions

     4,952.08026        427,592.61     

Current month redemptions

     (41,752.22632     (3,616,328.17  

Net income (loss) for current month

       (1,769,490.61     (2.68
  

 

 

   

 

 

   

 

 

 

Net asset value, end of current month

     623,316.60998      $ 54,054,618.18      $ 86.72   
  

 

 

   

 

 

   

 

 

 
     Monthly rate of return        -2.99

 

* Please see your specific Class Statement of Income (Loss) for your specific unit value.

To the best of my knowledge and belief, the information

contained in this statement is accurate and complete

/s/ Vance Sanders

 

Vance Sanders, Chief Financial Officer of the Managing Owner

Equinox Fund Management LLC

1775 Sherman Street, Suite 2500

Denver, Colorado 80203

On Behalf of the Frontier Fund - EQUINOX FRONTIER DIVERSIFIED FUND


EQUINOX FRONTIER LONG/SHORT COMMODITY FUND

STATEMENT OF INCOME (LOSS)

FOR THE MONTH ENDED

March 31, 2014

(Unaudited)

 

     Current
Period
 

INCOME

  

Realized trading gain (loss)

   $ (313,494.53

Unrealized trading gain (loss)

     (100,034.44

Less: Commissions

     (41,678.62

Less: Trading Fee paid to Managing Owner

     (24,731.54

Interest income

     19,860.14   
  

 

 

 

Total Income

     (460,078.99

EXPENSES

  

Trading fees

     0.00   

Broker service fees

     11,790.74   

Incentive fees

     0.00   

Management fees

     96,600.10   
  

 

 

 

Total Expenses

     108,390.84   
  

 

 

 

Net Income (Loss)

   $ (568,469.83
  

 

 

 

Statement of Changes in Net Asset Value

 

     Units     Dollars     Aggregate
Net Asset Value
per unit*
 

Net asset value, beginning of month

     197,655.97904      $ 19,593,562.09      $ 99.13   

Current month additions

     650.05053        57,224.93     

Current month redemptions

     (14,363.85462     (1,400,530.27  

Net income (loss) for current month

       (568,469.83     (3.00
  

 

 

   

 

 

   

 

 

 

Net asset value, end of current month

     183,942.17495      $ 17,681,786.93      $ 96.13   
  

 

 

   

 

 

   

 

 

 
     Monthly rate of return        -3.03

 

* Please see your specific Class Statement of Income (Loss) for your specific unit value.

To the best of my knowledge and belief, the information

contained in this statement is accurate and complete

/s/ Vance Sanders

 

Vance Sanders, Chief Financial Officer of the Managing Owner

Equinox Fund Management LLC

1775 Sherman Street, Suite 2500

Denver, Colorado 80203

On Behalf of the Frontier Fund - EQUINOX FRONTIER LONG/SHORT COMMODITY FUND


EQUINOX FRONTIER MASTERS FUND

STATEMENT OF INCOME (LOSS)

FOR THE MONTH ENDED

March 31, 2014

(Unaudited)

 

     Current
Period
 

INCOME

  

Realized trading gain (loss)

   $ 227,767.46   

Unrealized trading gain (loss)

     (614,815.85

Less: Commissions

     (29,925.63

Less: Trading Fee paid to Managing Owner

     (56,196.77

Interest income

     30,420.87   
  

 

 

 

Total Income

     (442,749.92

EXPENSES

  

Trading fees

     0.00   

Broker service fees

     32,236.22   

Incentive fees

     (40,864.43

Management fees

     85,922.62   
  

 

 

 

Total Expenses

     77,294.41   
  

 

 

 

Net Income (Loss)

   $ (520,044.33
  

 

 

 

Statement of Changes in Net Asset Value

 

     Units     Dollars     Aggregate
Net Asset Value
per unit*
 

Net asset value, beginning of month

     326,345.04730      $ 29,783,748.97      $ 91.26   

Current month additions

     3,375.65252        299,193.42     

Current month redemptions

     (29,708.70586     (2,615,496.50  

Net income (loss) for current month

       (520,044.33     (1.44
  

 

 

   

 

 

   

 

 

 

Net asset value, end of current month

     300,011.99396      $ 26,947,401.56      $ 89.82   
  

 

 

   

 

 

   

 

 

 
     Monthly rate of return        -1.58

 

* Please see your specific Class Statement of Income (Loss) for your specific unit value.

To the best of my knowledge and belief, the information

contained in this statement is accurate and complete

/s/ Vance Sanders

 

Vance Sanders, Chief Financial Officer of the Managing Owner

Equinox Fund Management LLC

1775 Sherman Street, Suite 2500

Denver, Colorado 80203

On Behalf of the Frontier Fund - EQUINOX FRONTIER MASTERS FUND