Basic Fund Data
Fund Provider:	MacroMarkets
Asset Class:	Equity
Fund Category:	U.S. Real Estate
Ticker:	DMM
Expense Ratio:	1.25%
Fund Category Expense Ratio Average:	0.57%
Options:	No
Fund Inception Date:	06-30-2009
Fund Structure:	Partnership
Fund Weighting Restrictions:	Not Applicable
Fund Tracking Method:	Synthetic
Dividend Payment Frequency:
Basic Index Data
Index Name:	S&P/Case-Shiller Composite-10 Home Price Index
Index Provider:	Standard & Poor's
No of Index Holdings:	1
Explanation of Index Strategy
Security Selection Category:	Passive
Security Selection Method:	Single Security
Security Selection Frequency:	One time
Index Weighting Category:	Fixed Weight
Index Weighting Method:	Leveraged Inverse x3
Index Weighting Frequency:	Daily

Market Price Return
1-Year:
3-Year annualized:
5-Year annualized:
10-Year annualized:
Annual Performance History
2009:
2008:
2007:
2006:
2005:
2004:
2003:
2002:
2001:
2000:
Data as of 10/31/09

Fundamentals
Assets MM:	$11.4
P/E Ratio:
P/B Ratio:
Median Market Cap:
12-month yield:
Data as of 10/31/09

Risk / 3-Year Average
Alpha:	-4.17
Beta:	0.21
Standard Deviation:	1.31
Sharpe Ratio:
Data as of 10/31/09

Index Snapshot:

The MacroShares Major Metro Housing Down Trust’s (Ticker: DMM) underlying Value tracks three times the inverse cumulative percentage change in U.S. single-family home prices, as measured by the S&P/Case-Shiller Composite-10 Home Price Index. DMM is a paired trust (paired with MacroShares Major Metro Housing Up Trust – UMM) that work as follows: When MacroShares Major Metro Housing Down are created, an equal number of MacroShares Major Metro Housing Up are also created. DMM funds are invested in the “Major Metro Housing Down Trust. UMM investor funds are invested in a separate “Major Metro Housing Up Trust. Both trusts enter into a settlement contract to pledge assets to one another over time, using a predetermined formula. The trusts feature a 3x leverage factor, such that the underlying value of each is intended to track three times the cumulative percentage change, upward or downward, in U.S. single family home prices, as measured by the S&P/Case-Shiller Composite-10 Home Price Index.