424B3 1 d424b3.htm NOVEMBER 2007 PERFORMANCE SUMMARIES - SERIES 2 November 2007 Performance Summaries - Series 2

Filed Pursuant to Rule 424 (b) (3)

Registration No. 333-140240

LOGO

November 2007 Performance Update

The Frontier Fund Supplement Dated December 13, 2007 to Prospectus Dated November 9, 2007

THE FRONTIER FUND’S 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.

November performance for the various Series of The Frontier Fund is detailed below:1

 

The Frontier Fund Class 2

    November 30, 2007     November 30, 2007 YTD     NAV /Unit

Balanced Series-2

    -1.72 %   -2.75 %   $ 111.11

Balanced Series-2a

    -1.76 %   -3.22 %   $ 94.73

Campbell/Graham Series-2

    -3.69 %   0.69 %   $ 102.57

Currency Series-2

    -2.20 %   4.78 %   $ 113.41

Long/Short Commodity Series-2

    -0.58 %   1.88 %   $ 104.87

Graham Series-2

    0.68 %   18.71 %   $ 107.14

Winton Series-2

    2.24 %   10.79 %   $ 118.34

Long Only Commodity Series-2

    -4.21 %   11.98 %   $ 108.77

Managed Futures Index Series-2

    2.69 %   6.77 %   $ 105.09

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

1. The above table sets forth the actual performance for the Class and Series as of November 30, 2007. 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 Series.

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

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS

THE FRONTIER FUND BALANCED SERIES - 2

STATEMENT OF INCOME (LOSS)

FOR THE MONTH ENDED

November 30, 2007

(Unaudited)

 

                

Current

Period

  

INCOME

       

Realized trading gain/(loss)

        $ 944,590.33  

Unrealized trading gain/(loss)

          (1,567,944.60 )

Less: commissions

          (91,973.54 )

Less: FCM fees

          (21,650.63 )

Foreign currency gain/(loss)

          (21,744.13 )

Interest income

          86,493.49  
            

Total Income

          (672,229.08 )

EXPENSES

       

Management fees

          18,512.72  

Incentive fees

          123,783.27  

Total Expenses

          142,295.99  
            

Net Income (Loss)

        $ (814,525.07 )
            

STATEMENT OF CHANGES IN NET ASSET VALUE

 

     Units     Dollars     $’s per unit  

Net Asset Value, end of prior month

    425,642.94910     $ 48,121,693.59       113.06  

Current month additions

    4,056.07372       448,411.74    

Current month redemptions

    (12,476.51329 )     (1,399,517.93 )  

Net Income (loss) for current month

        (814,525.07 )  
                

Net Asset Value, end of current month

    417,222.50953     $ 46,356,062.33       111.11  
                      
   Monthly rate of return         -1.72 %

To the best of my knowledge and belief, the information

contained in this statement is accurate and complete

                                         /s/ S. Brent Bales                                        

S. Brent Bales, Chief Accounting Officer of the Managing Owner

Equinox Fund Management LLC

1660 Lincoln Street, Suite 100

Denver, Colorado 80264

On Behalf of the Frontier Fund - Balanced Series 2

THE FRONTIER FUND BALANCED SERIES - 2A

STATEMENT OF INCOME (LOSS)

FOR THE MONTH ENDED

November 30, 2007

(Unaudited)

 

                Current
Period		  

INCOME

        

Realized trading gain/(loss)

         $ 24,985.19  

Unrealized trading gain/(loss)

           (41,684.68 )

Less: commissions

           (2,454.23 )

Less: FCM fees

           (578.25 )

Foreign currency gain/(loss)

           (580.56 )

Interest income

           3,288.34  
             

Total Income

           (17,024.19 )

EXPENSES

        

Trading Fees

           1,215.07  

Management fees

           673.31  

Incentive fees

           3,281.08  

Total Expenses

           5,169.46  
             

Net Income (Loss)

         $ (22,193.65 )
             

STATEMENT OF CHANGES IN NET ASSET VALUE

 

     Units    Dollars     $’s per unit  

Net Asset Value, end of prior month

    13,110.02148    $ 1,264,166.93       96.43  

Current month additions

    —        —      

Current month redemptions

    —        —      

Net Income (loss) for current month

         (22,193.65 )  
               

Net Asset Value, end of current month

    13,110.02148    $ 1,241,973.28       94.73  
                     
   Monthly rate of return        -1.76 %

To the best of my knowledge and belief, the information

contained in this statement is accurate and complete

                                         /s/ S. Brent Bales                                        

S. Brent Bales, Chief Accounting Officer of the Managing Owner

Equinox Fund Management LLC

1660 Lincoln Street, Suite 100

Denver, Colorado 80264

On Behalf of the Frontier Fund - Balanced Series 2A

THE FRONTIER FUND CAMPBELL GRAHAM SERIES - 2

STATEMENT OF INCOME (LOSS)

FOR THE MONTH ENDED

November 30, 2007

(Unaudited)

 

                 Current
Period		  

INCOME

       

Realized trading gain/(loss)

        $ 25,763.39  

Unrealized trading gain/(loss)

          (254,994.44 )

Less: commissions

          (1,243.39 )

Less: FCM fees

          (2,987.03 )

Foreign currency gain/(loss)

          176.50  

Interest income

          11,878.29  
            

Total Income

          (221,406.68 )

EXPENSES

       

Management fees

          10,463.74  

Incentive fees

          (3,934.17 )

Total Expenses

          6,529.57  
            

Net Income (Loss)

        $ (227,936.25 )
            

STATEMENT OF CHANGES IN NET ASSET VALUE

 

     Units     Dollars     $’s per unit  

Net Asset Value, end of prior month

    58,135.65226     $ 6,190,865.75       106.49  

Current month additions

    145.37403       15,000.00    

Current month redemptions

    (170.57499 )     (17,810.00 )  

Net Income (loss) for current month

        (227,936.25 )  
                

Net Asset Value, end of current month

    58,110.45130     $ 5,960,119.50       102.57  
                      
   Monthly rate of return         -3.69 %

To the best of my knowledge and belief, the information

contained in this statement is accurate and complete

                                         /s/ S. Brent Bales                                        

S. Brent Bales, Chief Accounting Officer of the Managing Owner

Equinox Fund Management LLC

1660 Lincoln Street, Suite 100

Denver, Colorado 80264

On Behalf of the Frontier Fund - Campbell Graham Series 2

THE FRONTIER FUND CURRENCY SERIES - 2

STATEMENT OF INCOME (LOSS)

FOR THE MONTH ENDED

November 30, 2007

(Unaudited)

 

                

Current

Period

  

INCOME

       

Realized trading gain/(loss)

        $ (132,763.27 )

Unrealized trading gain/(loss)

          4,442.34  

Net change in inter-series payables

          104,475.25  

Less: FCM fees

          (2,749.66 )

Interest income

          10,172.58  
            

Total Income

          (16,422.76 )

EXPENSES

       

Management fees

          2,799.87  

Incentive fees

          —    

Total Expenses

          2,799.87  
            

Net Income (Loss)

        $ (19,222.63 )
            

STATEMENT OF CHANGES IN NET ASSET VALUE

 

     Units     Dollars     $’s per unit  

Net Asset Value, end of prior month

    7,391.54207     $ 857,137.95       115.96  

Current month additions

    166.11719       19,216.01    

Current month redemptions

    (36.71585 )     (4,216.01 )  

Net Income (loss) for current month

    .       (19,222.63 )  
                

Net Asset Value, end of current month

    7,520.94341     $ 852,915.32       113.41  
                      
   Monthly rate of return         -2.20 %

To the best of my knowledge and belief, the information

contained in this statement is accurate and complete

                                         /s/ S. Brent Bales                                        

S. Brent Bales, Chief Accounting Officer of the Managing Owner

Equinox Fund Management LLC

1660 Lincoln Street, Suite 100

Denver, Colorado 80264

On Behalf of the Frontier Fund - Currency Series 2

THE FRONTIER FUND LONG/SHORT COMMODITY SERIES - 2

STATEMENT OF INCOME (LOSS)

FOR THE MONTH ENDED

November 30, 2007

(Unaudited)

 

                 Current
Period		  

INCOME

       

Realized trading gain/(loss)

        $ (17,642.61 )

Unrealized trading gain/(loss)

          5,277.98  

Less: commissions

          (3,573.20 )

Less: FCM fees

          (1,550.67 )

Foreign currency gain/(loss)

          —    

Interest income

          9,412.69  
            

Total Income

          (8,075.81 )

EXPENSES

       

Management fees

          9,721.53  

Incentive fees

          2,255.29  

Total Expenses

          11,976.82  
            

Net Income (Loss)

        $ (20,052.63 )
            

STATEMENT OF CHANGES IN NET ASSET VALUE

 

     Units     Dollars     $’s per unit  

Net Asset Value, end of prior month

    33,197.39264     $ 3,501,546.44       105.48  

Current month additions

    645.45913       67,501.85    

Current month redemptions

    (97.78679 )     (10,250.06 )  

Net Income (loss) for current month

        (20,052.63 )  
                

Net Asset Value, end of current month

    33,745.06498     $ 3,538,745.60       104.87  
                      
   Monthly rate of return         -0.58 %

To the best of my knowledge and belief, the information

contained in this statement is accurate and complete

                                         /s/ S. Brent Bales                                        

S. Brent Bales, Chief Accounting Officer of the Managing Owner

Equinox Fund Management LLC

1660 Lincoln Street, Suite 100

Denver, Colorado 80264

On Behalf of the Frontier Fund - Long/Short Commodity Series 2

THE FRONTIER FUND GRAHAM SERIES - 2

STATEMENT OF INCOME (LOSS)

FOR THE MONTH ENDED

November 30, 2007

(Unaudited)

 

               Current
Period		  

INCOME

         

Realized trading gain/(loss)

          $ 96,328.95  

Unrealized trading gain/(loss)

            (97,177.06 )

Less: commissions

            (787.34 )

Less: FCM fees

            (682.50 )

Foreign currency gain/(loss)

            (151.98 )

Interest income

            3,827.67  
              

Total Income

            1,357.74  

EXPENSES

         

Management fees

            3,274.63  

Incentive fees

            (14,490.24 )

Total Expenses

            (11,215.61 )
              

Net Income (Loss)

          $ 12,573.35  
              

STATEMENT OF CHANGES IN NET ASSET VALUE

 

     Units    Dollars    $’s per unit  

Net Asset Value, end of prior month

    17,255.23348    $ 1,836,113.17      106.41  

Current month additions

    —        —     

Current month redemptions

    —        —     

Net Income (loss) for current month

         12,573.35   
              

Net Asset Value, end of current month

    17,255.23348    $ 1,848,686.52      107.14  
                    
   Monthly rate of return         0.68 %

To the best of my knowledge and belief, the information

contained in this statement is accurate and complete

                                         /s/ S. Brent Bales                                        

S. Brent Bales, Chief Accounting Officer of the Managing Owner

Equinox Fund Management LLC

1660 Lincoln Street, Suite 100

Denver, Colorado 80264

On Behalf of the Frontier Fund - Graham Series 2

THE FRONTIER FUND WINTON SERIES - 2

STATEMENT OF INCOME (LOSS)

FOR THE MONTH ENDED

November 30, 2007

(Unaudited)

 

                 Current
Period		  

INCOME

       

Realized trading gain/(loss)

        $ 1,043,716.13  

Unrealized trading gain/(loss)

          (737,977.20 )

Less: commissions

          (3,199.03 )

Less: FCM fees

          (3,940.44 )

Foreign currency gain/(loss)

          (295.18 )

Interest income

          18,466.89  
            

Total Income

          316,771.17  

EXPENSES

       

Management fees

          15,249.30  

Incentive fees

          74,609.90  

Total Expenses

          89,859.20  
            

Net Income (Loss)

        $ 226,911.97  
            

STATEMENT OF CHANGES IN NET ASSET VALUE

 

     Units     Dollars     $’s per unit  

Net Asset Value, end of prior month

    87,708.50360     $ 10,152,491.81       115.75  

Current month additions

    —         —      

Current month redemptions

    (4.44345 )     (527.66 )  

Net Income (loss) for current month

        226,911.97    
                

Net Asset Value, end of current month

    87,704.06015     $ 10,378,876.12       118.34  
                      
   Monthly rate of return         2.24 %

To the best of my knowledge and belief, the information

contained in this statement is accurate and complete

                                         /s/ S. Brent Bales                                        

S. Brent Bales, Chief Accounting Officer of the Managing Owner

Equinox Fund Management LLC

1660 Lincoln Street, Suite 100

Denver, Colorado 80264

On Behalf of the Frontier Fund - Winton Series 2

THE FRONTIER FUND LONG ONLY COMMODITY SERIES - 2

STATEMENT OF INCOME (LOSS)

FOR THE MONTH ENDED

November 30, 2007

(Unaudited)

 

                 Current
Period		  

INCOME

       

Realized trading gain/(loss)

        $ (10,730.21 )

Unrealized trading gain/(loss)

          —    

Less: commissions

          —    

Less: FCM fees

          (96.87 )

Foreign currency gain/(loss)

          —    

Interest income

          658.81  
            

Total Income

          (10,168.27 )

EXPENSES

       

Management fees

          242.30  

Incentive fees

          —    

Total Expenses

          242.30  
            

Net Income (Loss)

        $ (10,410.57 )
            

STATEMENT OF CHANGES IN NET ASSET VALUE

 

     Units     Dollars     $’s per unit  

Net Asset Value, end of prior month

    2,275.09746     $ 258,329.84       113.55  

Current month additions

    —         —      

Current month redemptions

    (108.99216 )     (12,317.25 )  

Net Income (loss) for current month

        (10,410.57 )  
                

Net Asset Value, end of current month

    2,166.10530     $ 235,602.02       108.77  
                      
   Monthly rate of return         -4.21 %

To the best of my knowledge and belief, the information

contained in this statement is accurate and complete

                                         /s/ S. Brent Bales                                        

S. Brent Bales, Chief Accounting Officer of the Managing Owner

Equinox Fund Management LLC

1660 Lincoln Street, Suite 100

Denver, Colorado 80264

On Behalf of the Frontier Fund - Long Only Commodity Series 2

THE FRONTIER FUND MANAGED FUTURES INDEX SERIES - 2

STATEMENT OF INCOME (LOSS)

FOR THE MONTH ENDED

November 30, 2007

(Unaudited)

 

               Current
Period		  

INCOME

         

Realized trading gain/(loss)

          $ 25,709.93  

Unrealized trading gain/(loss)

            (19,266.93 )

Less: commissions

            (97.43 )

Less: FCM fees

            (117.27 )

Foreign currency gain/(loss)

            (105.85 )

Interest income

            893.02  
              

Total Income

            7,015.47  

EXPENSES

         

Management fees

            451.96  

Incentive fees

            —    

Total Expenses

            451.96  
              

Net Income (Loss)

          $ 6,563.51  
              

STATEMENT OF CHANGES IN NET ASSET VALUE

 

     Units    Dollars    $’s per unit  

Net Asset Value, end of prior month

    2,870.80571    $ 293,781.20      102.33  

Current month additions

    344.14619      37,500.00   

Current month redemptions

    —        —     

Net Income (loss) for current month

         6,563.51   
              

Net Asset Value, end of current month

    3,214.95190    $ 337,844.71      105.09  
                    
   Monthly rate of return         2.69 %

To the best of my knowledge and belief, the information

contained in this statement is accurate and complete

                                         /s/ S. Brent Bales                                        

S. Brent Bales, Chief Accounting Officer of the Managing Owner

Equinox Fund Management LLC

1660 Lincoln Street, Suite 100

Denver, Colorado 80264

On Behalf of the Frontier Fund - Managed Futures Index Series 2