October 2012 +7.44% YTD 17.02%

Dear Investor,

Another month has passed and now we are close to finish this year. October was a good month, with a reasonable profit of 7.44%. This gives us a YTD return of 17.02%. All the markets followed their common seasonal patterns and all the spreads worked as expected. Most of the earnings came from the Energy and Meat spreads but Fixed Income spreads also worked.​

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