TEXT-EXTRACT 2 filename2.txt United States securities and exchange commission logo June 29, 2021 Patrick F. Hart President and Chief Executive Officer of Frontier Fund Management LLC Frontier Funds c/o Frontier Fund Management, LLC 25568 Genesee Trail Road Golden, Colorado 80401 Re: Frontier Funds Form 10-K for Fiscal Year Ended December 31, 2020 Filed March 31, 2021 File No. 000-51274 Dear Mr. Hart: We have reviewed your filing and have the following comment. In our comment, we may ask you to provide us with information so we may better understand your disclosure. Please respond to this comment within ten business days by providing the requested information or advise us as soon as possible when you will respond. If you do not believe our comment applies to your facts and circumstances, please tell us why in your response. After reviewing your response to this comment, we may have additional comments. Form 10-K for Fiscal Year Ended December 31, 2020 Independent Auditors Report, page F-78 1. Please amend your filing to include an independent auditor s report for the Trading Companies of the Frontier Fund or tell us why audited financial statements are not required. We remind you that the company and its management are responsible for the accuracy and adequacy of their disclosures, notwithstanding any review, comments, action or absence of action by the staff. Patrick F. Hart Frontier Funds June 29, 2021 Page 2 You may contact John Spitz, Staff Accountant, at (202) 551-3484 or Michael Volley, Staff Accountant, at (202) 551-3437 if you have any questions. FirstName LastNamePatrick F. Hart Sincerely, Comapany NameFrontier Funds Division of Corporation Finance June 29, 2021 Page 2 Office of Finance FirstName LastName