🚀 go-pugleaf

12:12 PM 4/27/98
Source: International Traders Research, Inc.
(800-591-5886, 619-459-0818)

http://ManagedFutures.com

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Note:  This represents only managers reporting full 12mo period
    
    Compounded ROR (Apr-97 to Mar-98)

RankManager                                          *ROR    Equity
 1  Thornhill Asset Mgmt., Ltd. (Global Equity Fund)210.04%8,500,000
 2  Matrix L.L.C. (Composite)                       203.18%9,500,000
 3  Greenspan, Richard (Real Green Limited)         181.30% 800,000
 4  Core Capital Mgmt. Futures (Proprietary)        163.01% 994,885
 5  Paraskevaidis, Janis (SIP)                      156.44% 731,672
 6  C & M Traders, Inc. (Live Cattle)               115.98%15,987,540
 7  Western Commodities Corp., LLC (Index Fund)     90.74%  615,400
 8  Ansbacher Investment Mgmt. (Options Writing)    89.71% 8,978,000
 9  Minogue Investment Co. (Leverage Plus)          89.67% 1,337,000
 10 SITE Capital Mgmt. (InSITE S&P Program (7X))    89.44% 2,582,000
 11 Paraskevaidis, Janis (Diversified 1)            70.97% 1,915,150
 12 SITE Capital Mgmt. (InSITE S&P Program (2X))    70.74% 2,638,000
 13 Beacon Mgmt. (Meka Partners, L.P.)              68.30% 17,437,735
 14 Namath-Hanger Investments (Select)              66.02% 1,226,000
 15 CMG Investments, Inc. (Equity 1)                65.44%  383,515
 16 Hanseatic Corporation (Discretionary)           57.55%  717,939
 17 Bernex Capital Mgmt. Corp. (Equity Index Option 53.15% 1,219,055
 18 Millennium (SMI Quant Fund)                     50.33% 8,400,000
 19 Hanseatic Corporation (Arbitrage)               50.21%  713,078
 20 Leboz Trading Company (Composite)               46.75% 2,500,000
 21 Dennis Trading Group (Current Program)          45.91% 150,000,00
 22 Belhumeur, Richard (T-Bond Hi Lvg)              45.82%  567,376
 23 Hampton Investors, Inc. (S&P 500 3X)            45.42% 20,099,107
 24 Trendview (World Currency)                      42.24% 6,800,000
 25 Villano Capital Management, Inc. (Diversified)  41.32% 10,908,542
 26 Fort Orange Capital Mgmt. (Global Strategic)    40.44% 23,950,000
 27 Horton Investment Service (Seasonality)         39.34% 4,551,171
 28 John W. Henry & Company  (Int'l Foreign Exchange38.62% 84,000,000
 29 Ashley Capital Mgmt., Inc. (Composite)          38.22% 8,131,378
 30 FTC Asset Management (Global Diversified)       38.19% 2,020,128
 31 Hennessy and Assoc., Inc. (Treasury Bond)       37.65%  876,032
 32 Dunn Capital Mgmt. (Standard)                   37.54% 22,833,911
 33 Brandywine Asset Mgmt. (Financial)              37.34% 4,975,866
 34 Union Investment Mgmt. (Helix Global Leverage)  37.00% 9,600,000
 35 HWB Capital Management (Foreign Exchange)       35.72% 5,520,703
 36 Quicksilver Trading (Diversified)               34.85% 3,138,833
 37 Metron Management Co. (MTS Fund, LLC)           34.79%  457,989
 38 Cipher Investment Mgmt. Co. (Composite)         34.05% 109,000,00
 39 Martin Money Management (Orion Diversified)     34.01% 44,667,822
 40 Namath-Hanger Investments (Diversified Pro Forma33.98% 2,339,000
 41 Campbell & Company (IR, Stk, & Com.)            33.96% 11,000,000
 42 Quantitative Financial Strategy (IPS Currency)  33.65% 454,000,00
 43 Chaos Systems, LLC (S&P 500)                    33.32% 26,900,000
 44 GK Capital Management (Discretionary Futures)   33.20% 1,450,617
 45 Niederhoffer Capital, RG (Diversified)          32.99% 70,000,000
 46 CARAT Capital, L.L.C. (Flagship)                32.06% 32,000,000
 47 Little Brook Corporation (Country)              31.98% 2,650,000
 48 Capital Futures Mgmt. (Composite)               31.97% 10,327,321
 49 Kenzie Global Asset Mgmt. (Three Oaks Fund)     31.89% 257,000,00
 50 Cornerstone Trading Co. (Global Trading)        31.60% 8,225,137
 51 Hawksbill Capital Mgmt. (Global Diversified)    31.59% 26,500,000
 52 Welton Investment Corporation (Financial & Metal31.18% 10,000,000
 53 Clarke Capital Mgmt. (Glbl. Basic)              30.08% 4,336,000
 54 Delta Trading Co. (Individual Investor)         29.66% 18,299,883
 55 Rod And Greg Capital Mgmt. (Program B)          28.64% 1,920,088
 56 AGTech Trading Co.  (Ag Trading)                28.54% 1,273,687
 57 Belhumeur, Richard (T-Bond Secur)               27.87%  222,112
 58 Welton Investment Corporation (Diversified )    27.58% 175,000,00
 59 Tamiso & Company (Global Diversified)           26.70% 18,112,000
 60 Tamiso & Company (Original Currency)            25.98% 7,465,000
 61 SoundView Capital Mgmt., LLC (Composite)        25.85% 21,000,000
 62 Target Capital Mgmt., LTD (US Portfolio Strats.)25.66% 1,911,503
 63 IXORCAP (4)                                     24.84% 2,093,910
 64 Coast Asset Mgmt. (Arbitrage)                   24.70% 62,712,000
 65 GNI Ltd. (Technical)                            24.42% 51,100,000
 66 Thornhill Asset Mgmt., Ltd. (Global Deposit Fund24.23% 68,830,000
 67 Dynex Corporation (MAPS Forex)                  23.65% 20,200,000
 68 HWB Capital Management (Div. Commodities)       23.33% 3,831,653
 69 Dunn Capital Mgmt. (WMA)                        23.23% 689,556,96
 70 Estlander & Ronnlund (Diversified)              22.65% 61,800,000
 71 Compucom Finance, Inc. (Currency)               22.63% 70,000,000
 72 Eckhardt Trading Co. (Higher Leverage)          22.51% 30,200,000
 73 Quantitative Financial Strategy (IPS Financial F20.97% 338,000,00
 74 ALH Capital Corporation (Financial (Mechanical))20.37% 2,676,773
 75 Phaedo Corporation (FPH)                        20.04%  247,713
 76 Campbell & Company (Fin. Met. & Energy -Small)  19.82% 59,900,000
 77 Campbell & Company (Fin. Met. & Energy -Large)  19.80% 857,600,00
 78 Campbell & Company (Ark Portfolio)              19.76% 2,100,000
 79 Shally, Rudolph (MAP Energy)                    19.72% 5,667,992
 80 Eickelberg & Associates, Inc. (Phoenix)         19.63% 2,480,380
 81 Kottke Grain (Ag Spread)                        19.35% 32,000,000
 82 Numbers (GTF)                                   19.11% 13,900,000
 83 John W. Henry & Company  (World Financial Perspe19.11% 33,000,000
 84 Martin Money Management (Orion Financial)       18.54% 1,000,000
 85 Chesapeake Capital (Diversified 2XL)            18.42% 82,953,627
 86 Coquest, Inc. (Indices)                         18.41% 1,282,600
 87 Brandywine Asset Mgmt. (Benchmark)              17.77% 84,535,700
 88 Transtrend B.V. (Diversified)                   17.72% 148,974,88
 89 Eckhardt Trading Co. (Standard)                 17.64% 249,500,00
 90 Clarke Capital Mgmt. (Worldwide)                17.40% 5,435,000
 91 Chung Capital Mgmt. (Composite)                 16.97%  439,341
 92 Lawrence Capital Mgmt. (S&P Index)              16.35%  142,454
 93 D.W. Futures & Currency Mgmt. (Currency)        16.16% 58,285,900
 94 Campbell & Company (Global Diversified -Large)  15.88% 59,600,000
 95 LaSalle Portfolio Management (Int'l Cross Mkts) 15.31% 107,672,67
 96 Gaiacorp Ireland Ltd. (25% Risk)                15.25% 10,493,971
 97 HWB Capital Management (Worldwide Financials)   14.94% 3,248,273
 98 Brandywine Asset Mgmt. (Financial Conservative) 14.52% 5,617,695
 99 Dolphin Capital Mgmt. (Global Diversified II)   14.25% 46,700,000
100 Mississippi River Investments (Managed Accounts)14.15% 2,581,000

THE FIGURES CONTAINED HEREIN WERE COMPILED FROM INFORMATION
PROVIDED BY THE CTAs. THIS MATERIAL IS PROVIDED FOR INFORMATIONAL
PURPOSES ONLY, NOT AS A SOLICITATION FOR ANY PROGRAM. INTERNATIONAL
TRADERS RESEARCH, INC. MAKES NO ENDORSEMENT OR ANY REPRESENTATION 
AS TO PERFORMANCE. INVESTORS SHOULD CAREFULLY READ THE CTA'S 
DISCLOSURE DOCUMENT BEFORE INVESTING.  THE TRADING PROGRAMS AND 
SERVICES OF THESE CTAs MAY NOT BE AVAILABLE IN ALL JURISDICTIONS
PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.
FUTURES TRADING CONTAINS RISK OF SUBSTANTIAL LOSS.  
�1998 BY INTERNATIONAL TRADERS RESEARCH, INC.

*Cumulative Rate of Return as reported by the CTA

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