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Frontier Funds, et al. – ‘10-Q’ for 6/30/20 – ‘EX-101.LAB’

On:  Thursday, 8/13/20, at 1:07pm ET   ·   For:  6/30/20   ·   Accession #:  1213900-20-21794   ·   File #s:  0-51274, 0-52462, 0-52465, 0-52466, 0-52467, 0-52468, 0-53761, 0-53763

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  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 8/13/20  Frontier Funds                    10-Q        6/30/20   83:31M                                    EdgarAgents LLC/FA
          Frontier Long/Short Commodity Fund
          Frontier Select Fund
          Frontier Global Fund
          Frontier Heritage Fund
          Frontier Balanced Fund
          Frontier Masters Fund
          Frontier Diversified Fund

Quarterly Report   —   Form 10-Q
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-Q        Quarterly Report                                    HTML   1.95M 
 2: EX-31.1     Certification -- §302 - SOA'02                      HTML     30K 
 3: EX-31.2     Certification -- §302 - SOA'02                      HTML     29K 
 4: EX-32.1     Certification -- §906 - SOA'02                      HTML     26K 
 5: EX-32.2     Certification -- §906 - SOA'02                      HTML     26K 
 6: EX-32.3     Certification -- §906 - SOA'02                      HTML     26K 
 7: EX-32.4     Certification -- §906 - SOA'02                      HTML     26K 
 8: EX-32.5     Certification -- §906 - SOA'02                      HTML     26K 
 9: EX-32.6     Certification -- §906 - SOA'02                      HTML     26K 
10: EX-32.7     Certification -- §906 - SOA'02                      HTML     26K 
11: EX-32.8     Certification -- §906 - SOA'02                      HTML     26K 
18: R1          Document and Entity Information                     HTML     57K 
19: R2          Statements of Financial Condition                   HTML    237K 
20: R3          Condensed Schedule of Investments                   HTML    494K 
21: R4          Statements of Operations (Unaudited)                HTML    251K 
22: R5          Statements of Changes in Owners' Capital Equity     HTML    114K 
                (Unaudited)                                                      
23: R6          Statements of Cash Flows (Unaudited)                HTML    229K 
24: R7          Organization and Purpose                            HTML     67K 
25: R8          Significant Accounting Policies                     HTML     88K 
26: R9          Fair Value Measurements                             HTML    212K 
27: R10         Swap Contracts                                      HTML    102K 
28: R11         Investments in Unconsolidated Trading Companies     HTML    670K 
                and Private Investment Companies                                 
29: R12         Transactions with Affiliates                        HTML    226K 
30: R13         Financial Highlights                                HTML    775K 
31: R14         Derivative Instruments and Hedging Activities       HTML    135K 
32: R15         Trading Activities and Related Risks                HTML     39K 
33: R16         Indemnifications and Guarantees noted in            HTML     32K 
                Management Discussion and Analysis                               
34: R17         Subsequent Events                                   HTML     33K 
35: R18         Significant Accounting Policies (Policies)          HTML    135K 
36: R19         Fair Value Measurements (Tables)                    HTML    194K 
37: R20         Swap Contracts (Tables)                             HTML     91K 
38: R21         Investments in Unconsolidated Trading Companies     HTML    665K 
                and Private Investment Companies (Tables)                        
39: R22         Transactions with Affiliates (Tables)               HTML    192K 
40: R23         Financial Highlights (Tables)                       HTML    773K 
41: R24         Derivative Instruments and Hedging Activities       HTML    134K 
                (Tables)                                                         
42: R25         Organization and Purpose (The Series of the         HTML     51K 
                Frontier Funds) (Details)                                        
43: R26         Organization and Purpose (Frontier Funds)           HTML     55K 
                (Details)                                                        
44: R27         Significant Accounting Policies (The Series of the  HTML     71K 
                Frontier Funds) (Details)                                        
45: R28         Significant Accounting Policies (Frontier Funds)    HTML     72K 
                (Details)                                                        
46: R29         Fair Value Measurements (The Series of the          HTML     88K 
                Frontier Funds) (Details)                                        
47: R30         Fair Value Measurements (The Series of the          HTML     69K 
                Frontier Funds) (Details 1)                                      
48: R31         Fair Value Measurements (The Series of the          HTML     38K 
                Frontier Funds) (Details 2)                                      
49: R32         Fair Value Measurements (Frontier Funds) (Details)  HTML     39K 
50: R33         Fair Value Measurements (Frontier Funds) (Details   HTML     42K 
                1)                                                               
51: R34         Fair Value Measurements (Frontier Funds) (Details   HTML     28K 
                Textual)                                                         
52: R35         Swap Contracts (The Series of the Frontier Funds)   HTML     61K 
                (Details)                                                        
53: R36         Swap Contracts (The Series of the Frontier Funds)   HTML     40K 
                (Details Textual)                                                
54: R37         Swap Contracts (Frontier Funds) (Details)           HTML     63K 
55: R38         Swap Contracts (Frontier Funds) (Details Textual)   HTML     39K 
56: R39         Investments in Unconsolidated Trading Companies     HTML     54K 
                and Private Investment Companies (The Series of                  
                the Frontier Funds) (Details)                                    
57: R40         Investments in Unconsolidated Trading Companies     HTML    174K 
                and Private Investment Companies (The Series of                  
                the Frontier Funds) (Details 1)                                  
58: R41         Investments in Unconsolidated Trading Companies     HTML     76K 
                and Private Investment Companies (The Series of                  
                the Frontier Funds) (Details 2)                                  
59: R42         Investments in Private Investment Companies         HTML     71K 
                (Frontier Funds) (Details)                                       
60: R43         Investments in Private Investment Companies         HTML     48K 
                (Frontier Funds) (Details 1)                                     
61: R44         Transactions with Affiliates (The Series of the     HTML     55K 
                Frontier Funds) (Details)                                        
62: R45         Transactions with Affiliates (The Series of the     HTML     52K 
                Frontier Funds) (Details 1)                                      
63: R46         Transactions with Affiliates (The Series of the     HTML     77K 
                Frontier Funds) (Details 2)                                      
64: R47         Transactions with Affiliates (The Series of the     HTML    118K 
                Frontier Funds) (Details Narrative)                              
65: R48         Transactions with Affiliates (Frontier Funds)       HTML    145K 
                (Details)                                                        
66: R49         Financial Highlights (The Series of the Frontier    HTML    251K 
                Funds) (Details)                                                 
67: R50         Financial Highlights ( Frontier Funds) (Details 1)  HTML     35K 
68: R51         Derivative Instruments and Hedging Activities (The  HTML     29K 
                Series of the Frontier Funds) (Details)                          
69: R52         Derivative Instruments and Hedging Activities (The  HTML     41K 
                Series of the Frontier Funds) (Details 1)                        
70: R53         Derivative Instruments and Hedging Activities (The  HTML     42K 
                Series of the Frontier Funds) (Details 2)                        
71: R54         Derivative Instruments and Hedging Activities (The  HTML     46K 
                Series of the Frontier Funds) (Details 3)                        
72: R55         Derivative Instruments and Hedging Activities (The  HTML     28K 
                Series of the Frontier Funds) (Details Textual)                  
73: R56         Derivative Instruments and Hedging Activities       HTML     41K 
                (Frontier Funds) (Details)                                       
74: R57         Derivative Instruments and Hedging Activities       HTML     41K 
                (Frontier Funds) (Details 1)                                     
75: R58         Derivative Instruments and Hedging Activities       HTML     37K 
                (Frontier Funds) (Details 2)                                     
76: R59         Derivative Instruments and Hedging Activities       HTML     38K 
                (Frontier Funds) (Details Textual)                               
77: R60         Trading Activities and Related Risks (The Series    HTML     29K 
                of the Frontier Funds) (Details)                                 
78: R61         Trading Activities and Related Risks (Frontier      HTML     29K 
                Funds) (Details)                                                 
79: R62         Subsequent Events (The Series of the Frontier       HTML     42K 
                Funds) (Details)                                                 
80: R63         Subsequent Events (Frontier Funds) (Details)        HTML     30K 
82: XML         IDEA XML File -- Filing Summary                      XML    150K 
81: EXCEL       IDEA Workbook of Financial Reports                  XLSX    188K 
12: EX-101.INS  XBRL Instance -- frfd-20200630                       XML  13.15M 
14: EX-101.CAL  XBRL Calculations -- frfd-20200630_cal               XML    188K 
15: EX-101.DEF  XBRL Definitions -- frfd-20200630_def                XML   1.54M 
16: EX-101.LAB  XBRL Labels -- frfd-20200630_lab                     XML   1.27M 
17: EX-101.PRE  XBRL Presentations -- frfd-20200630_pre              XML   1.47M 
13: EX-101.SCH  XBRL Schema -- frfd-20200630                         XSD    329K 
83: ZIP         XBRL Zipped Folder -- 0001213900-20-021794-xbrl      Zip    372K

‘EX-101.LAB’   —   XBRL Labels — frfd-20200630_lab

This Exhibit is an XBRL XML File.

                                                                                                                                                                                
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<link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedLabel" roleURI="http://www.xbrl.org/2009/role/negatedLabel"/>
<link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodEndLabel" roleURI="http://www.xbrl.org/2009/role/negatedPeriodEndLabel"/>
<link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodStartLabel" roleURI="http://www.xbrl.org/2009/role/negatedPeriodStartLabel"/>
<link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTotalLabel" roleURI="http://www.xbrl.org/2009/role/negatedTotalLabel"/>
<link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedNetLabel" roleURI="http://www.xbrl.org/2009/role/negatedNetLabel"/>
<link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTerseLabel" roleURI="http://www.xbrl.org/2009/role/negatedTerseLabel"/>
<link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/net-2009-12-16.xsd#netLabel" roleURI="http://www.xbrl.org/2009/role/netLabel"/>
<link:labelLink xlink:type="extended" xlink:role="http://www.xbrl.org/2003/role/link">
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd#srt_ConsolidatedEntitiesAxis" xlink:label="srt_ConsolidatedEntitiesAxis"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="srt_ConsolidatedEntitiesAxis" xlink:to="srt_ConsolidatedEntitiesAxis_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="srt_ConsolidatedEntitiesAxis_lbl" xml:lang="en-US"> Consolidated Entities [Axis] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_SeriesOfFrontierFundsMember" xlink:label="frfd_SeriesOfFrontierFundsMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_SeriesOfFrontierFundsMember" xlink:to="frfd_SeriesOfFrontierFundsMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_SeriesOfFrontierFundsMember_lbl" xml:lang="en-US"> The Series of Frontier Funds [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_LegalEntityAxis" xlink:label="dei_LegalEntityAxis"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_LegalEntityAxis" xlink:to="dei_LegalEntityAxis_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_LegalEntityAxis_lbl" xml:lang="en-US"> Legal Entity [Axis] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_DiversifiedFundMember" xlink:label="frfd_DiversifiedFundMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_DiversifiedFundMember" xlink:to="frfd_DiversifiedFundMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_DiversifiedFundMember_lbl" xml:lang="en-US"> Frontier Diversified Fund [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_InvestmentTypeAxis" xlink:label="us-gaap_InvestmentTypeAxis"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InvestmentTypeAxis" xlink:to="us-gaap_InvestmentTypeAxis_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InvestmentTypeAxis_lbl" xml:lang="en-US"> Investment [Axis] </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_SwapMember" xlink:label="us-gaap_SwapMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SwapMember" xlink:to="us-gaap_SwapMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SwapMember_lbl" xml:lang="en-US"> Swap [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FinancialInstrumentAxis" xlink:label="us-gaap_FinancialInstrumentAxis"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FinancialInstrumentAxis" xlink:to="us-gaap_FinancialInstrumentAxis_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FinancialInstrumentAxis_lbl" xml:lang="en-US"> Financial Instrument [Axis] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_FrontierDiversifiedSelectSwapMember" xlink:label="frfd_FrontierDiversifiedSelectSwapMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_FrontierDiversifiedSelectSwapMember" xlink:to="frfd_FrontierDiversifiedSelectSwapMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_FrontierDiversifiedSelectSwapMember_lbl" xml:lang="en-US"> Frontier XXXV Diversified Select Swap (U.S.) [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_MastersFundMember" xlink:label="frfd_MastersFundMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_MastersFundMember" xlink:to="frfd_MastersFundMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_MastersFundMember_lbl" xml:lang="en-US"> Frontier Masters Fund [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_LongShortCommodityFundMember" xlink:label="frfd_LongShortCommodityFundMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_LongShortCommodityFundMember" xlink:to="frfd_LongShortCommodityFundMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_LongShortCommodityFundMember_lbl" xml:lang="en-US"> Frontier Long/Short Commodity Fund [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_FrontierSelectSwapMember" xlink:label="frfd_FrontierSelectSwapMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_FrontierSelectSwapMember" xlink:to="frfd_FrontierSelectSwapMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_FrontierSelectSwapMember_lbl" xml:lang="en-US"> Frontier XXXVII L/S Select Swap (U.S.) [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_PrivateInvestmentCompaniesMember" xlink:label="frfd_PrivateInvestmentCompaniesMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_PrivateInvestmentCompaniesMember" xlink:to="frfd_PrivateInvestmentCompaniesMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_PrivateInvestmentCompaniesMember_lbl" xml:lang="en-US"> Private Investment Companies [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_GalaxyPlusFundOneMember" xlink:label="frfd_GalaxyPlusFundOneMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_GalaxyPlusFundOneMember" xlink:to="frfd_GalaxyPlusFundOneMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_GalaxyPlusFundOneMember_lbl" xml:lang="en-US"> Galaxy Plus Fund - EvE STP Feeder Fund (516) LLC [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_GalaxyPlusFundTwoMember" xlink:label="frfd_GalaxyPlusFundTwoMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_GalaxyPlusFundTwoMember" xlink:to="frfd_GalaxyPlusFundTwoMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_GalaxyPlusFundTwoMember_lbl" xml:lang="en-US"> Galaxy Plus Fund - Doherty Feeder Fund (528) LLC [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_GalaxyPlusFundThreeMember" xlink:label="frfd_GalaxyPlusFundThreeMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_GalaxyPlusFundThreeMember" xlink:to="frfd_GalaxyPlusFundThreeMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_GalaxyPlusFundThreeMember_lbl" xml:lang="en-US"> Galaxy Plus Fund - Fort Contrarian Feeder Fund (510) LLC [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_GalaxyPlusFundFourMember" xlink:label="frfd_GalaxyPlusFundFourMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_GalaxyPlusFundFourMember" xlink:to="frfd_GalaxyPlusFundFourMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_GalaxyPlusFundFourMember_lbl" xml:lang="en-US"> Galaxy Plus Fund - QIM Feeder Fund (526) LLC [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_GalaxyPlusFundSixMember" xlink:label="frfd_GalaxyPlusFundSixMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_GalaxyPlusFundSixMember" xlink:to="frfd_GalaxyPlusFundSixMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_GalaxyPlusFundSixMember_lbl" xml:lang="en-US"> Galaxy Plus Fund - Quest Feeder Fund (517) LLC [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_GalaxyPlusFundSevenMember" xlink:label="frfd_GalaxyPlusFundSevenMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_GalaxyPlusFundSevenMember" xlink:to="frfd_GalaxyPlusFundSevenMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_GalaxyPlusFundSevenMember_lbl" xml:lang="en-US"> Galaxy Plus Fund - Aspect Feeder Fund (532) LLC [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_GalaxyPlusFundEightMember" xlink:label="frfd_GalaxyPlusFundEightMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_GalaxyPlusFundEightMember" xlink:to="frfd_GalaxyPlusFundEightMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_GalaxyPlusFundEightMember_lbl" xml:lang="en-US"> Galaxy Plus Fund - Welton GDP Feeder Fund (538) LLC [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_GalaxyPlusFundNineMember" xlink:label="frfd_GalaxyPlusFundNineMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_GalaxyPlusFundNineMember" xlink:to="frfd_GalaxyPlusFundNineMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_GalaxyPlusFundNineMember_lbl" xml:lang="en-US"> Galaxy Plus Fund - TT Feeder Fund (531) LLC [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_GalaxyPlusFundTenMember" xlink:label="frfd_GalaxyPlusFundTenMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_GalaxyPlusFundTenMember" xlink:to="frfd_GalaxyPlusFundTenMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_GalaxyPlusFundTenMember_lbl" xml:lang="en-US"> Galaxy Plus Fund - LRR Feeder Fund (522) LLC [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_InvestmentInUnconsolidatedTradingCompaniesMember" xlink:label="frfd_InvestmentInUnconsolidatedTradingCompaniesMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_InvestmentInUnconsolidatedTradingCompaniesMember" xlink:to="frfd_InvestmentInUnconsolidatedTradingCompaniesMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_InvestmentInUnconsolidatedTradingCompaniesMember_lbl" xml:lang="en-US"> Investment in Unconsolidated Trading Companies [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_FrontierTradingCompanyMember" xlink:label="frfd_FrontierTradingCompanyMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_FrontierTradingCompanyMember" xlink:to="frfd_FrontierTradingCompanyMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_FrontierTradingCompanyMember_lbl" xml:lang="en-US"> Frontier Trading Company XXXVIII, LLC [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_USTreasurySecuritiesMember" xlink:label="us-gaap_USTreasurySecuritiesMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_USTreasurySecuritiesMember" xlink:to="us-gaap_USTreasurySecuritiesMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_USTreasurySecuritiesMember_lbl" xml:lang="en-US"> U.S. Treasury Securities [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_UsTreasuryNoteMember" xlink:label="frfd_UsTreasuryNoteMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_UsTreasuryNoteMember" xlink:to="frfd_UsTreasuryNoteMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_UsTreasuryNoteMember_lbl" xml:lang="en-US"> US Treasury Note [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_UsTreasuryNote1Member" xlink:label="frfd_UsTreasuryNote1Member"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_UsTreasuryNote1Member" xlink:to="frfd_UsTreasuryNote1Member_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="frfd_UsTreasuryNote1Member_lbl" xml:lang="en-US"> US Treasury Note [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_UsTreasuryNote2Member" xlink:label="frfd_UsTreasuryNote2Member"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_UsTreasuryNote2Member" xlink:to="frfd_UsTreasuryNote2Member_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="frfd_UsTreasuryNote2Member_lbl" xml:lang="en-US"> US Treasury Note [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_BalancedFundMember" xlink:label="frfd_BalancedFundMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_BalancedFundMember" xlink:to="frfd_BalancedFundMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_BalancedFundMember_lbl" xml:lang="en-US"> Frontier Balanced Fund [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_LongFuturesContractsMember" xlink:label="frfd_LongFuturesContractsMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_LongFuturesContractsMember" xlink:to="frfd_LongFuturesContractsMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_LongFuturesContractsMember_lbl" xml:lang="en-US"> LONG FUTURES CONTRACTS [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_VariousAgricultureFuturesContractsUsMember" xlink:label="frfd_VariousAgricultureFuturesContractsUsMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_VariousAgricultureFuturesContractsUsMember" xlink:to="frfd_VariousAgricultureFuturesContractsUsMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_VariousAgricultureFuturesContractsUsMember_lbl" xml:lang="en-US"> Various Agriculture Futures Contracts (U.S.) [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_SelectFundMember" xlink:label="frfd_SelectFundMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_SelectFundMember" xlink:to="frfd_SelectFundMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_SelectFundMember_lbl" xml:lang="en-US"> Frontier Select Fund [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_VariousAgricultureMetalsFuturesContractsUsMember" xlink:label="frfd_VariousAgricultureMetalsFuturesContractsUsMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_VariousAgricultureMetalsFuturesContractsUsMember" xlink:to="frfd_VariousAgricultureMetalsFuturesContractsUsMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_VariousAgricultureMetalsFuturesContractsUsMember_lbl" xml:lang="en-US"> Various Base Metals Futures Contracts (U.S.) [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_VariousInterestRatesFuturesContractsEuropeMember" xlink:label="frfd_VariousInterestRatesFuturesContractsEuropeMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_VariousInterestRatesFuturesContractsEuropeMember" xlink:to="frfd_VariousInterestRatesFuturesContractsEuropeMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_VariousInterestRatesFuturesContractsEuropeMember_lbl" xml:lang="en-US"> Various Interest Rates Futures Contracts (Europe) [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_VariousSoftFuturesContractsUsMember" xlink:label="frfd_VariousSoftFuturesContractsUsMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_VariousSoftFuturesContractsUsMember" xlink:to="frfd_VariousSoftFuturesContractsUsMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_VariousSoftFuturesContractsUsMember_lbl" xml:lang="en-US"> Various Soft Futures Contracts (U.S.) [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_ShortFuturesContractsMember" xlink:label="frfd_ShortFuturesContractsMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ShortFuturesContractsMember" xlink:to="frfd_ShortFuturesContractsMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_ShortFuturesContractsMember_lbl" xml:lang="en-US"> SHORT FUTURES CONTRACTS [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_VariousAgricultureFuturesContractsMember" xlink:label="frfd_VariousAgricultureFuturesContractsMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_VariousAgricultureFuturesContractsMember" xlink:to="frfd_VariousAgricultureFuturesContractsMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_VariousAgricultureFuturesContractsMember_lbl" xml:lang="en-US"> Various Agriculture Futures Contracts (Europe) [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_CurrencyForwardsMember" xlink:label="frfd_CurrencyForwardsMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_CurrencyForwardsMember" xlink:to="frfd_CurrencyForwardsMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_CurrencyForwardsMember_lbl" xml:lang="en-US"> CURRENCY FORWARDS [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_VariousCurrencyForwardsContractsMember" xlink:label="frfd_VariousCurrencyForwardsContractsMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_VariousCurrencyForwardsContractsMember" xlink:to="frfd_VariousCurrencyForwardsContractsMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_VariousCurrencyForwardsContractsMember_lbl" xml:lang="en-US"> Various Currency Forwards Contracts (NA) [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_OpenTradeEquityMember" xlink:label="frfd_OpenTradeEquityMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_OpenTradeEquityMember" xlink:to="frfd_OpenTradeEquityMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_OpenTradeEquityMember_lbl" xml:lang="en-US"> Open Trade Equity (Deficit) [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_FrontierBalancedSelectSwapMember" xlink:label="frfd_FrontierBalancedSelectSwapMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_FrontierBalancedSelectSwapMember" xlink:to="frfd_FrontierBalancedSelectSwapMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_FrontierBalancedSelectSwapMember_lbl" xml:lang="en-US"> Frontier XXXIV Balanced Select Swap (U.S.) [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_FrontierTradingCompaniesXXXIXMember" xlink:label="frfd_FrontierTradingCompaniesXXXIXMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_FrontierTradingCompaniesXXXIXMember" xlink:to="frfd_FrontierTradingCompaniesXXXIXMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_FrontierTradingCompaniesXXXIXMember_lbl" xml:lang="en-US"> Frontier Trading Company XXXIX, LLC [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_GlobalFundMember" xlink:label="frfd_GlobalFundMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_GlobalFundMember" xlink:to="frfd_GlobalFundMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_GlobalFundMember_lbl" xml:lang="en-US"> Frontier Global Fund (formerly Frontier Winton Fund) [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_FrontierBrevanHowardSwapUsMember" xlink:label="frfd_FrontierBrevanHowardSwapUsMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_FrontierBrevanHowardSwapUsMember" xlink:to="frfd_FrontierBrevanHowardSwapUsMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_FrontierBrevanHowardSwapUsMember_lbl" xml:lang="en-US"> Frontier Brevan Howard Swap (U.S.) [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_HeritageFundMember" xlink:label="frfd_HeritageFundMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_HeritageFundMember" xlink:to="frfd_HeritageFundMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_HeritageFundMember_lbl" xml:lang="en-US"> Frontier Heritage Fund [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd#srt_ParentCompanyMember" xlink:label="srt_ParentCompanyMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="srt_ParentCompanyMember" xlink:to="srt_ParentCompanyMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="srt_ParentCompanyMember_lbl" xml:lang="en-US"> Frontier Funds [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_VariousStockIndexFuturesContractsUsMember" xlink:label="frfd_VariousStockIndexFuturesContractsUsMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_VariousStockIndexFuturesContractsUsMember" xlink:to="frfd_VariousStockIndexFuturesContractsUsMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_VariousStockIndexFuturesContractsUsMember_lbl" xml:lang="en-US"> Various Stock Index Futures Contracts (U.S.) [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_VariousStockIndexFuturesContractsFarEastMember" xlink:label="frfd_VariousStockIndexFuturesContractsFarEastMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_VariousStockIndexFuturesContractsFarEastMember" xlink:to="frfd_VariousStockIndexFuturesContractsFarEastMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_VariousStockIndexFuturesContractsFarEastMember_lbl" xml:lang="en-US"> Various Stock Index Futures Contracts (Far East) [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_VariousSoftFuturesContractsFarEastMember" xlink:label="frfd_VariousSoftFuturesContractsFarEastMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_VariousSoftFuturesContractsFarEastMember" xlink:to="frfd_VariousSoftFuturesContractsFarEastMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_VariousSoftFuturesContractsFarEastMember_lbl" xml:lang="en-US"> Various Soft Futures Contracts (Far East) [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StatementEquityComponentsAxis" xlink:label="us-gaap_StatementEquityComponentsAxis"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StatementEquityComponentsAxis" xlink:to="us-gaap_StatementEquityComponentsAxis_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StatementEquityComponentsAxis_lbl" xml:lang="en-US"> Equity Components [Axis] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_LimitedOwnersMember" xlink:label="frfd_LimitedOwnersMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_LimitedOwnersMember" xlink:to="frfd_LimitedOwnersMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_LimitedOwnersMember_lbl" xml:lang="en-US"> Limited Owners </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StatementClassOfStockAxis" xlink:label="us-gaap_StatementClassOfStockAxis"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StatementClassOfStockAxis" xlink:to="us-gaap_StatementClassOfStockAxis_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StatementClassOfStockAxis_lbl" xml:lang="en-US"> Class of Stock [Axis] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_ClassOneMember" xlink:label="frfd_ClassOneMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ClassOneMember" xlink:to="frfd_ClassOneMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_ClassOneMember_lbl" xml:lang="en-US"> Class 1 [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_ManagingOwnerMember" xlink:label="frfd_ManagingOwnerMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ManagingOwnerMember" xlink:to="frfd_ManagingOwnerMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_ManagingOwnerMember_lbl" xml:lang="en-US"> Managing Owner [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_ClassTwoMember" xlink:label="frfd_ClassTwoMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ClassTwoMember" xlink:to="frfd_ClassTwoMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_ClassTwoMember_lbl" xml:lang="en-US"> Class 2 [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_ClassThreeMember" xlink:label="frfd_ClassThreeMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ClassThreeMember" xlink:to="frfd_ClassThreeMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_ClassThreeMember_lbl" xml:lang="en-US"> Class 3 </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_NoncontrollingInterestMember" xlink:label="us-gaap_NoncontrollingInterestMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NoncontrollingInterestMember" xlink:to="us-gaap_NoncontrollingInterestMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NoncontrollingInterestMember_lbl" xml:lang="en-US"> Non-Controlling Interests </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_ClassOneAMember" xlink:label="frfd_ClassOneAMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ClassOneAMember" xlink:to="frfd_ClassOneAMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_ClassOneAMember_lbl" xml:lang="en-US"> Class 1a </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_ClassTwoAMember" xlink:label="frfd_ClassTwoAMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ClassTwoAMember" xlink:to="frfd_ClassTwoAMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_ClassTwoAMember_lbl" xml:lang="en-US"> Class 2a [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_ClassThreeAMember" xlink:label="frfd_ClassThreeAMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ClassThreeAMember" xlink:to="frfd_ClassThreeAMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_ClassThreeAMember_lbl" xml:lang="en-US"> Class 3a </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_ClassOneApMember" xlink:label="frfd_ClassOneApMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ClassOneApMember" xlink:to="frfd_ClassOneApMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_ClassOneApMember_lbl" xml:lang="en-US"> Class 1AP </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_BalanceFundMember" xlink:label="frfd_BalanceFundMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_BalanceFundMember" xlink:to="frfd_BalanceFundMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="frfd_BalanceFundMember_lbl" xml:lang="en-US"> Frontier Balanced Fund [Member] </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ClassThreeMember" xlink:to="frfd_ClassThreeMember_2_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="frfd_ClassThreeMember_2_lbl" xml:lang="en-US"> Class 3 [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_ClassOneOneMember" xlink:label="frfd_ClassOneOneMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ClassOneOneMember" xlink:to="frfd_ClassOneOneMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_ClassOneOneMember_lbl" xml:lang="en-US"> Class 1a [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_ClassTwoOneMember" xlink:label="frfd_ClassTwoOneMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ClassTwoOneMember" xlink:to="frfd_ClassTwoOneMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="frfd_ClassTwoOneMember_lbl" xml:lang="en-US"> Class 2a [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_ClassThreeOneMember" xlink:label="frfd_ClassThreeOneMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ClassThreeOneMember" xlink:to="frfd_ClassThreeOneMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_ClassThreeOneMember_lbl" xml:lang="en-US"> Class 3a [Member] </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ClassOneApMember" xlink:to="frfd_ClassOneApMember_2_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="frfd_ClassOneApMember_2_lbl" xml:lang="en-US"> Class 1AP [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd#srt_OwnershipAxis" xlink:label="srt_OwnershipAxis"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="srt_OwnershipAxis" xlink:to="srt_OwnershipAxis_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="srt_OwnershipAxis_lbl" xml:lang="en-US"> Ownership [Axis] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_ClassOneAPUnitsMember" xlink:label="frfd_ClassOneAPUnitsMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ClassOneAPUnitsMember" xlink:to="frfd_ClassOneAPUnitsMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_ClassOneAPUnitsMember_lbl" xml:lang="en-US"> Class 1AP Units [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_ClassTwoAUnitsMember" xlink:label="frfd_ClassTwoAUnitsMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ClassTwoAUnitsMember" xlink:to="frfd_ClassTwoAUnitsMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_ClassTwoAUnitsMember_lbl" xml:lang="en-US"> Class 2a Units [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_ClassOneAClassTwoAAndClassThreeAMember" xlink:label="frfd_ClassOneAClassTwoAAndClassThreeAMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ClassOneAClassTwoAAndClassThreeAMember" xlink:to="frfd_ClassOneAClassTwoAAndClassThreeAMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_ClassOneAClassTwoAAndClassThreeAMember_lbl" xml:lang="en-US"> Class 1a, Class 2a and Class 3a [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_ClassOneAPClass2AAndClassThree3AMember" xlink:label="frfd_ClassOneAPClass2AAndClassThree3AMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ClassOneAPClass2AAndClassThree3AMember" xlink:to="frfd_ClassOneAPClass2AAndClassThree3AMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_ClassOneAPClass2AAndClassThree3AMember_lbl" xml:lang="en-US"> Class 1AP, Class 2a and Class 3a [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_ClassOneOrClassOneOneMember" xlink:label="frfd_ClassOneOrClassOneOneMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ClassOneOrClassOneOneMember" xlink:to="frfd_ClassOneOrClassOneOneMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_ClassOneOrClassOneOneMember_lbl" xml:lang="en-US"> Class 1 or Class 1a [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_ClassTwoOrClassTwoOneMember" xlink:label="frfd_ClassTwoOrClassTwoOneMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ClassTwoOrClassTwoOneMember" xlink:to="frfd_ClassTwoOrClassTwoOneMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_ClassTwoOrClassTwoOneMember_lbl" xml:lang="en-US"> Class 2 or Class 2a [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd#srt_RangeAxis" xlink:label="srt_RangeAxis"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="srt_RangeAxis" xlink:to="srt_RangeAxis_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="srt_RangeAxis_lbl" xml:lang="en-US"> Range [Axis] </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd#srt_MinimumMember" xlink:label="srt_MinimumMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="srt_MinimumMember" xlink:to="srt_MinimumMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="srt_MinimumMember_lbl" xml:lang="en-US"> Minimum [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd#srt_MaximumMember" xlink:label="srt_MaximumMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="srt_MaximumMember" xlink:to="srt_MaximumMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="srt_MaximumMember_lbl" xml:lang="en-US"> Maximum [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_ClassTwoAndClassTwoOneMember" xlink:label="frfd_ClassTwoAndClassTwoOneMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ClassTwoAndClassTwoOneMember" xlink:to="frfd_ClassTwoAndClassTwoOneMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_ClassTwoAndClassTwoOneMember_lbl" xml:lang="en-US"> Class 2 and Class 2a [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_ClassOneApClassTwoOneClassThreeOneMember" xlink:label="frfd_ClassOneApClassTwoOneClassThreeOneMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ClassOneApClassTwoOneClassThreeOneMember" xlink:to="frfd_ClassOneApClassTwoOneClassThreeOneMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="frfd_ClassOneApClassTwoOneClassThreeOneMember_lbl" xml:lang="en-US"> Class 1AP, Class 2a and Class 3a [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FairValueByMeasurementFrequencyAxis" xlink:label="us-gaap_FairValueByMeasurementFrequencyAxis"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueByMeasurementFrequencyAxis" xlink:to="us-gaap_FairValueByMeasurementFrequencyAxis_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FairValueByMeasurementFrequencyAxis_lbl" xml:lang="en-US"> Measurement Frequency [Axis] </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FairValueMeasurementsRecurringMember" xlink:label="us-gaap_FairValueMeasurementsRecurringMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueMeasurementsRecurringMember" xlink:to="us-gaap_FairValueMeasurementsRecurringMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FairValueMeasurementsRecurringMember_lbl" xml:lang="en-US"> Fair Value, Measurements, Recurring [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FairValueByFairValueHierarchyLevelAxis" xlink:label="us-gaap_FairValueByFairValueHierarchyLevelAxis"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueByFairValueHierarchyLevelAxis" xlink:to="us-gaap_FairValueByFairValueHierarchyLevelAxis_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FairValueByFairValueHierarchyLevelAxis_lbl" xml:lang="en-US"> Fair Value Hierarchy and NAV [Axis] </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FairValueInputsLevel1Member" xlink:label="us-gaap_FairValueInputsLevel1Member"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueInputsLevel1Member" xlink:to="us-gaap_FairValueInputsLevel1Member_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FairValueInputsLevel1Member_lbl" xml:lang="en-US"> Level 1 Inputs [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_WintonFundMember" xlink:label="frfd_WintonFundMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_WintonFundMember" xlink:to="frfd_WintonFundMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_WintonFundMember_lbl" xml:lang="en-US"> Frontier Global Fund (formerly Winton Fund) [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FairValueInputsLevel2Member" xlink:label="us-gaap_FairValueInputsLevel2Member"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueInputsLevel2Member" xlink:to="us-gaap_FairValueInputsLevel2Member_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FairValueInputsLevel2Member_lbl" xml:lang="en-US"> Level 2 Inputs [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FairValueInputsLevel3Member" xlink:label="us-gaap_FairValueInputsLevel3Member"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueInputsLevel3Member" xlink:to="us-gaap_FairValueInputsLevel3Member_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FairValueInputsLevel3Member_lbl" xml:lang="en-US"> Level 3 Inputs [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_FrontierSelectFundMember" xlink:label="frfd_FrontierSelectFundMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_FrontierSelectFundMember" xlink:to="frfd_FrontierSelectFundMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="frfd_FrontierSelectFundMember_lbl" xml:lang="en-US"> Frontier Select Fund [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_InvestmentsInUnconsolidatedTradingCompaniesMember" xlink:label="frfd_InvestmentsInUnconsolidatedTradingCompaniesMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_InvestmentsInUnconsolidatedTradingCompaniesMember" xlink:to="frfd_InvestmentsInUnconsolidatedTradingCompaniesMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_InvestmentsInUnconsolidatedTradingCompaniesMember_lbl" xml:lang="en-US"> Investments in Unconsolidated Trading Companies [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd#srt_CounterpartyNameAxis" xlink:label="srt_CounterpartyNameAxis"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="srt_CounterpartyNameAxis" xlink:to="srt_CounterpartyNameAxis_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="srt_CounterpartyNameAxis_lbl" xml:lang="en-US"> Investment Contract Counterparty [Axis] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_DeutscheBankAGMember" xlink:label="frfd_DeutscheBankAGMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_DeutscheBankAGMember" xlink:to="frfd_DeutscheBankAGMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_DeutscheBankAGMember_lbl" xml:lang="en-US"> DeutscheBank AG [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_FrontierTradingCompanyXXXVIIILLCMember" xlink:label="frfd_FrontierTradingCompanyXXXVIIILLCMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_FrontierTradingCompanyXXXVIIILLCMember" xlink:to="frfd_FrontierTradingCompanyXXXVIIILLCMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="frfd_FrontierTradingCompanyXXXVIIILLCMember_lbl" xml:lang="en-US"> Frontier Trading Company XXXVIII, LLC [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_MultiStrategyMember" xlink:label="frfd_MultiStrategyMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_MultiStrategyMember" xlink:to="frfd_MultiStrategyMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_MultiStrategyMember_lbl" xml:lang="en-US"> Multi-Strategy [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_TrendFollowingMember" xlink:label="frfd_TrendFollowingMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_TrendFollowingMember" xlink:to="frfd_TrendFollowingMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_TrendFollowingMember_lbl" xml:lang="en-US"> Trend Following [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_OptionTradingMember" xlink:label="frfd_OptionTradingMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_OptionTradingMember" xlink:to="frfd_OptionTradingMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_OptionTradingMember_lbl" xml:lang="en-US"> Option Trading [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_GalaxyPlusFundQIMFeederFund526LLCMember" xlink:label="frfd_GalaxyPlusFundQIMFeederFund526LLCMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_GalaxyPlusFundQIMFeederFund526LLCMember" xlink:to="frfd_GalaxyPlusFundQIMFeederFund526LLCMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="frfd_GalaxyPlusFundQIMFeederFund526LLCMember_lbl" xml:lang="en-US"> Galaxy Plus Fund - QIM Feeder Fund (526) LLC [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_GalaxyPlusFundWeltonGDPFeederFund538LLCMember" xlink:label="frfd_GalaxyPlusFundWeltonGDPFeederFund538LLCMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_GalaxyPlusFundWeltonGDPFeederFund538LLCMember" xlink:to="frfd_GalaxyPlusFundWeltonGDPFeederFund538LLCMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="frfd_GalaxyPlusFundWeltonGDPFeederFund538LLCMember_lbl" xml:lang="en-US"> Galaxy Plus Fund - Welton GDP Feeder Fund (538) LLC [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_GalaxyPlusFundAspectFeederFund532LLCMember" xlink:label="frfd_GalaxyPlusFundAspectFeederFund532LLCMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_GalaxyPlusFundAspectFeederFund532LLCMember" xlink:to="frfd_GalaxyPlusFundAspectFeederFund532LLCMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="frfd_GalaxyPlusFundAspectFeederFund532LLCMember_lbl" xml:lang="en-US"> Galaxy Plus Fund - Aspect Feeder Fund (532) LLC [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_GalaxyPlusFundFortContrarianFeederFund510LLCMember" xlink:label="frfd_GalaxyPlusFundFortContrarianFeederFund510LLCMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_GalaxyPlusFundFortContrarianFeederFund510LLCMember" xlink:to="frfd_GalaxyPlusFundFortContrarianFeederFund510LLCMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="frfd_GalaxyPlusFundFortContrarianFeederFund510LLCMember_lbl" xml:lang="en-US"> Galaxy Plus Fund - Fort Contrarian Feeder Fund (510) LLC [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_FrontierTradingCompanyOneLLCMember" xlink:label="frfd_FrontierTradingCompanyOneLLCMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_FrontierTradingCompanyOneLLCMember" xlink:to="frfd_FrontierTradingCompanyOneLLCMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_FrontierTradingCompanyOneLLCMember_lbl" xml:lang="en-US"> Frontier Trading Company I LLC [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_XXXIVBalancedSelectSwapMember" xlink:label="frfd_XXXIVBalancedSelectSwapMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_XXXIVBalancedSelectSwapMember" xlink:to="frfd_XXXIVBalancedSelectSwapMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_XXXIVBalancedSelectSwapMember_lbl" xml:lang="en-US"> XXXIV Balanced Select Swap [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_XXXVDiversifiedSelectSwapMember" xlink:label="frfd_XXXVDiversifiedSelectSwapMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_XXXVDiversifiedSelectSwapMember" xlink:to="frfd_XXXVDiversifiedSelectSwapMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_XXXVDiversifiedSelectSwapMember_lbl" xml:lang="en-US"> XXXV Diversified Select Swap [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_XXXVIILSSelectSwapMember" xlink:label="frfd_XXXVIILSSelectSwapMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_XXXVIILSSelectSwapMember" xlink:to="frfd_XXXVIILSSelectSwapMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_XXXVIILSSelectSwapMember_lbl" xml:lang="en-US"> XXXVII L/S Select Swap [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_BrevanHowardMember" xlink:label="frfd_BrevanHowardMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_BrevanHowardMember" xlink:to="frfd_BrevanHowardMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_BrevanHowardMember_lbl" xml:lang="en-US"> Brevan Howard [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_FrontierTradingCompaniesIIAndXXXVIIIMember" xlink:label="frfd_FrontierTradingCompaniesIIAndXXXVIIIMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_FrontierTradingCompaniesIIAndXXXVIIIMember" xlink:to="frfd_FrontierTradingCompaniesIIAndXXXVIIIMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_FrontierTradingCompaniesIIAndXXXVIIIMember_lbl" xml:lang="en-US"> Frontier Trading Companies II and XXXVIII [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_FrontierTradingCompanyXXXVIIIMember" xlink:label="frfd_FrontierTradingCompanyXXXVIIIMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_FrontierTradingCompanyXXXVIIIMember" xlink:to="frfd_FrontierTradingCompanyXXXVIIIMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_FrontierTradingCompanyXXXVIIIMember_lbl" xml:lang="en-US"> Frontier Trading Company XXXVIII [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_FrontierTradingCompaniesXXXVIIIAndXXXIXMember" xlink:label="frfd_FrontierTradingCompaniesXXXVIIIAndXXXIXMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_FrontierTradingCompaniesXXXVIIIAndXXXIXMember" xlink:to="frfd_FrontierTradingCompaniesXXXVIIIAndXXXIXMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_FrontierTradingCompaniesXXXVIIIAndXXXIXMember_lbl" xml:lang="en-US"> Frontier Trading Companies XXXVIII and XXXIX [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_DerivativeInstrumentRisk1Axis" xlink:label="frfd_DerivativeInstrumentRisk1Axis"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_DerivativeInstrumentRisk1Axis" xlink:to="frfd_DerivativeInstrumentRisk1Axis_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_DerivativeInstrumentRisk1Axis_lbl" xml:lang="en-US"> Derivative Instrument Risk1 [Axis] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_RealizedTradingRevenueFromFuturesForwardsAndOptionsMember" xlink:label="frfd_RealizedTradingRevenueFromFuturesForwardsAndOptionsMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_RealizedTradingRevenueFromFuturesForwardsAndOptionsMember" xlink:to="frfd_RealizedTradingRevenueFromFuturesForwardsAndOptionsMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_RealizedTradingRevenueFromFuturesForwardsAndOptionsMember_lbl" xml:lang="en-US"> Realized Trading Revenue from Futures, Forwards and Options [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DerivativeInstrumentRiskAxis" xlink:label="us-gaap_DerivativeInstrumentRiskAxis"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativeInstrumentRiskAxis" xlink:to="us-gaap_DerivativeInstrumentRiskAxis_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DerivativeInstrumentRiskAxis_lbl" xml:lang="en-US"> Derivative Instrument [Axis] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_AgriculturalsMember" xlink:label="frfd_AgriculturalsMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_AgriculturalsMember" xlink:to="frfd_AgriculturalsMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_AgriculturalsMember_lbl" xml:lang="en-US"> Agriculturals [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_CurrenciesMember" xlink:label="frfd_CurrenciesMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_CurrenciesMember" xlink:to="frfd_CurrenciesMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_CurrenciesMember_lbl" xml:lang="en-US"> Currencies [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_EnergiesMember" xlink:label="frfd_EnergiesMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_EnergiesMember" xlink:to="frfd_EnergiesMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_EnergiesMember_lbl" xml:lang="en-US"> Energies [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_InterestRatesMember" xlink:label="frfd_InterestRatesMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_InterestRatesMember" xlink:to="frfd_InterestRatesMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_InterestRatesMember_lbl" xml:lang="en-US"> Interest rates [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_MetalsMember" xlink:label="frfd_MetalsMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_MetalsMember" xlink:to="frfd_MetalsMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_MetalsMember_lbl" xml:lang="en-US"> Metals [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_StockIndicesMember" xlink:label="frfd_StockIndicesMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_StockIndicesMember" xlink:to="frfd_StockIndicesMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_StockIndicesMember_lbl" xml:lang="en-US"> Stock indices [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_UnrealizedTradingRevenueFromFuturesForwardsAndOptionsMember" xlink:label="frfd_UnrealizedTradingRevenueFromFuturesForwardsAndOptionsMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_UnrealizedTradingRevenueFromFuturesForwardsAndOptionsMember" xlink:to="frfd_UnrealizedTradingRevenueFromFuturesForwardsAndOptionsMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_UnrealizedTradingRevenueFromFuturesForwardsAndOptionsMember_lbl" xml:lang="en-US"> Unrealized Trading Revenue from Futures, Forwards and Options [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_OpenTradeEquityDeficitMember" xlink:label="frfd_OpenTradeEquityDeficitMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_OpenTradeEquityDeficitMember" xlink:to="frfd_OpenTradeEquityDeficitMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_OpenTradeEquityDeficitMember_lbl" xml:lang="en-US"> Open Trade Equity/(Deficit) [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_SwapContractsMember" xlink:label="frfd_SwapContractsMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_SwapContractsMember" xlink:to="frfd_SwapContractsMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_SwapContractsMember_lbl" xml:lang="en-US"> Swap Contracts [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_DerivativeInstrumentTypeOfRiskAxis" xlink:label="frfd_DerivativeInstrumentTypeOfRiskAxis"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_DerivativeInstrumentTypeOfRiskAxis" xlink:to="frfd_DerivativeInstrumentTypeOfRiskAxis_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_DerivativeInstrumentTypeOfRiskAxis_lbl" xml:lang="en-US"> Derivative Instrument Type of Risk [Axis] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_NetChangeInOpenTradeEquityFromFuturesForwardsAndOptionsMember" xlink:label="frfd_NetChangeInOpenTradeEquityFromFuturesForwardsAndOptionsMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_NetChangeInOpenTradeEquityFromFuturesForwardsAndOptionsMember" xlink:to="frfd_NetChangeInOpenTradeEquityFromFuturesForwardsAndOptionsMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_NetChangeInOpenTradeEquityFromFuturesForwardsAndOptionsMember_lbl" xml:lang="en-US"> Net Change in Open Trade Equity from Futures, Forwards and Options [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_FrontierFundsMember" xlink:label="frfd_FrontierFundsMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_FrontierFundsMember" xlink:to="frfd_FrontierFundsMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="frfd_FrontierFundsMember_lbl" xml:lang="en-US"> Frontier Funds [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_GalaxyPlusFundElevenMember" xlink:label="frfd_GalaxyPlusFundElevenMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_GalaxyPlusFundElevenMember" xlink:to="frfd_GalaxyPlusFundElevenMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_GalaxyPlusFundElevenMember_lbl" xml:lang="en-US"> Galaxy Plus Fund - Quest Fit Feeder Fund (535) LLC [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_VariousBaseMetalsFuturesContractsUsMember" xlink:label="frfd_VariousBaseMetalsFuturesContractsUsMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_VariousBaseMetalsFuturesContractsUsMember" xlink:to="frfd_VariousBaseMetalsFuturesContractsUsMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_VariousBaseMetalsFuturesContractsUsMember_lbl" xml:lang="en-US"> Various base metals futures contracts (U.S.) [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_VariousEnergyFuturesContractsUSMember" xlink:label="frfd_VariousEnergyFuturesContractsUSMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_VariousEnergyFuturesContractsUSMember" xlink:to="frfd_VariousEnergyFuturesContractsUSMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_VariousEnergyFuturesContractsUSMember_lbl" xml:lang="en-US"> Various energy futures contracts (U.S.) [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_VariousPreciousMetalFuturesContractsMember" xlink:label="frfd_VariousPreciousMetalFuturesContractsMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_VariousPreciousMetalFuturesContractsMember" xlink:to="frfd_VariousPreciousMetalFuturesContractsMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_VariousPreciousMetalFuturesContractsMember_lbl" xml:lang="en-US"> Various precious metal futures contracts (U.S.) [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_VariousSoftFuturesFuturesContractsFarEastMember" xlink:label="frfd_VariousSoftFuturesFuturesContractsFarEastMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_VariousSoftFuturesFuturesContractsFarEastMember" xlink:to="frfd_VariousSoftFuturesFuturesContractsFarEastMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_VariousSoftFuturesFuturesContractsFarEastMember_lbl" xml:lang="en-US"> Various soft futures contracts (Far East) [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_VariousStockIndexFuturesContractsEuropeMember" xlink:label="frfd_VariousStockIndexFuturesContractsEuropeMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_VariousStockIndexFuturesContractsEuropeMember" xlink:to="frfd_VariousStockIndexFuturesContractsEuropeMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_VariousStockIndexFuturesContractsEuropeMember_lbl" xml:lang="en-US"> Various stock index futures contracts (Europe) [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_VariousStockIndexFuturesContractsOceanicMember" xlink:label="frfd_VariousStockIndexFuturesContractsOceanicMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_VariousStockIndexFuturesContractsOceanicMember" xlink:to="frfd_VariousStockIndexFuturesContractsOceanicMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_VariousStockIndexFuturesContractsOceanicMember_lbl" xml:lang="en-US"> Various stock index futures contracts (Oceanic) [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_VariousStockIndexFuturesContractsMember" xlink:label="frfd_VariousStockIndexFuturesContractsMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_VariousStockIndexFuturesContractsMember" xlink:to="frfd_VariousStockIndexFuturesContractsMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_VariousStockIndexFuturesContractsMember_lbl" xml:lang="en-US"> Various stock index futures contracts (U.S.) [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_VariousEnergyFuturesContractsMember" xlink:label="frfd_VariousEnergyFuturesContractsMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_VariousEnergyFuturesContractsMember" xlink:to="frfd_VariousEnergyFuturesContractsMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="frfd_VariousEnergyFuturesContractsMember_lbl" xml:lang="en-US"> Various energy futures contracts (U.S.) [Member] </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_VariousInterestRatesFuturesContractsEuropeMember" xlink:to="frfd_VariousInterestRatesFuturesContractsEuropeMember_2_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="frfd_VariousInterestRatesFuturesContractsEuropeMember_2_lbl" xml:lang="en-US"> Various interest rates futures contracts (Europe) [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_VariousInterestFatesFuturesContractsFarEastMember" xlink:label="frfd_VariousInterestFatesFuturesContractsFarEastMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_VariousInterestFatesFuturesContractsFarEastMember" xlink:to="frfd_VariousInterestFatesFuturesContractsFarEastMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_VariousInterestFatesFuturesContractsFarEastMember_lbl" xml:lang="en-US"> Various interest rates futures contracts (Far East) [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_UsTreasuryNoteOneMember" xlink:label="frfd_UsTreasuryNoteOneMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_UsTreasuryNoteOneMember" xlink:to="frfd_UsTreasuryNoteOneMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="frfd_UsTreasuryNoteOneMember_lbl" xml:lang="en-US"> US Treasury Note [Member] </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_UsTreasuryNoteOneMember" xlink:to="frfd_UsTreasuryNoteOneMember_2_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_UsTreasuryNoteOneMember_2_lbl" xml:lang="en-US"> US Treasury Note One [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_USTreasurySecuritiesOneMember" xlink:label="frfd_USTreasurySecuritiesOneMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_USTreasurySecuritiesOneMember" xlink:to="frfd_USTreasurySecuritiesOneMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_USTreasurySecuritiesOneMember_lbl" xml:lang="en-US"> U.S. Treasury Securities One [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_UsTreasuryNoteTwoMember" xlink:label="frfd_UsTreasuryNoteTwoMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_UsTreasuryNoteTwoMember" xlink:to="frfd_UsTreasuryNoteTwoMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="frfd_UsTreasuryNoteTwoMember_lbl" xml:lang="en-US"> US Treasury Note [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_USTreasurySecuritiesTwoMember" xlink:label="frfd_USTreasurySecuritiesTwoMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_USTreasurySecuritiesTwoMember" xlink:to="frfd_USTreasurySecuritiesTwoMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="frfd_USTreasurySecuritiesTwoMember_lbl" xml:lang="en-US"> U.S. Treasury Securities One [Member] </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_USTreasurySecuritiesOneMember" xlink:to="frfd_USTreasurySecuritiesOneMember_2_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="frfd_USTreasurySecuritiesOneMember_2_lbl" xml:lang="en-US"> U.S. Treasury Securities [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_VariousstockindexfuturescontractsU.S.Member" xlink:label="frfd_VariousstockindexfuturescontractsU.S.Member"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_VariousstockindexfuturescontractsU.S.Member" xlink:to="frfd_VariousstockindexfuturescontractsU.S.Member_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="frfd_VariousstockindexfuturescontractsU.S.Member_lbl" xml:lang="en-US"> Various stock index futures contracts (U.S.) [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_GlobalFundOne1Member" xlink:label="frfd_GlobalFundOne1Member"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_GlobalFundOne1Member" xlink:to="frfd_GlobalFundOne1Member_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="frfd_GlobalFundOne1Member_lbl" xml:lang="en-US"> Frontier Global Fund (formerly Frontier Winton Fund) [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_FrontierGlobalFundMember" xlink:label="frfd_FrontierGlobalFundMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_FrontierGlobalFundMember" xlink:to="frfd_FrontierGlobalFundMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_FrontierGlobalFundMember_lbl" xml:lang="en-US"> Frontier Global Fund [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_ClassOneAndClassTwoMember" xlink:label="frfd_ClassOneAndClassTwoMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ClassOneAndClassTwoMember" xlink:to="frfd_ClassOneAndClassTwoMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_ClassOneAndClassTwoMember_lbl" xml:lang="en-US"> Class 1 and Class 2 [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_ClassTwoAndClassThreeAMember" xlink:label="frfd_ClassTwoAndClassThreeAMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ClassTwoAndClassThreeAMember" xlink:to="frfd_ClassTwoAndClassThreeAMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_ClassTwoAndClassThreeAMember_lbl" xml:lang="en-US"> Class 2 and Class 3 [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_ClassOneAUnitsMember" xlink:label="frfd_ClassOneAUnitsMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ClassOneAUnitsMember" xlink:to="frfd_ClassOneAUnitsMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_ClassOneAUnitsMember_lbl" xml:lang="en-US"> Class 1a Units [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_ClassTwoUnitsMember" xlink:label="frfd_ClassTwoUnitsMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ClassTwoUnitsMember" xlink:to="frfd_ClassTwoUnitsMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_ClassTwoUnitsMember_lbl" xml:lang="en-US"> Class 2 Units [Member] </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_GlobalFundMember" xlink:to="frfd_GlobalFundMember_2_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="frfd_GlobalFundMember_2_lbl" xml:lang="en-US"> Frontier Global Fund [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_FrontierTradingCompanyTwoMember" xlink:label="frfd_FrontierTradingCompanyTwoMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_FrontierTradingCompanyTwoMember" xlink:to="frfd_FrontierTradingCompanyTwoMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_FrontierTradingCompanyTwoMember_lbl" xml:lang="en-US"> Frontier Trading Company II, LLC [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_GalaxyPlusFundQuantmetricsFeederFund527LLCMember" xlink:label="frfd_GalaxyPlusFundQuantmetricsFeederFund527LLCMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_GalaxyPlusFundQuantmetricsFeederFund527LLCMember" xlink:to="frfd_GalaxyPlusFundQuantmetricsFeederFund527LLCMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_GalaxyPlusFundQuantmetricsFeederFund527LLCMember_lbl" xml:lang="en-US"> Galaxy Plus Fund - Quantmetrics Feeder Fund (527) LLC [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_GalaxyPlusFundQuestFeederFund517LLCMember" xlink:label="frfd_GalaxyPlusFundQuestFeederFund517LLCMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_GalaxyPlusFundQuestFeederFund517LLCMember" xlink:to="frfd_GalaxyPlusFundQuestFeederFund517LLCMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="frfd_GalaxyPlusFundQuestFeederFund517LLCMember_lbl" xml:lang="en-US"> Galaxy Plus Fund - Quest Feeder Fund (517) LLC [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_GalaxyPlusFundQuestFITFeederFund535LLCMember" xlink:label="frfd_GalaxyPlusFundQuestFITFeederFund535LLCMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_GalaxyPlusFundQuestFITFeederFund535LLCMember" xlink:to="frfd_GalaxyPlusFundQuestFITFeederFund535LLCMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_GalaxyPlusFundQuestFITFeederFund535LLCMember_lbl" xml:lang="en-US"> Galaxy Plus Fund - Quest FIT Feeder Fund (535) LLC [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_XXXVIILongShortselectswapMember" xlink:label="frfd_XXXVIILongShortselectswapMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_XXXVIILongShortselectswapMember" xlink:to="frfd_XXXVIILongShortselectswapMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_XXXVIILongShortselectswapMember_lbl" xml:lang="en-US"> XXXVII Long/Short select swap [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_ChesApeakeFeederFund518LLCMember" xlink:label="frfd_ChesApeakeFeederFund518LLCMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ChesApeakeFeederFund518LLCMember" xlink:to="frfd_ChesApeakeFeederFund518LLCMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_ChesApeakeFeederFund518LLCMember_lbl" xml:lang="en-US"> Ches apeake Feede Fund (518) LLC [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_TrustMember" xlink:label="frfd_TrustMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_TrustMember" xlink:to="frfd_TrustMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_TrustMember_lbl" xml:lang="en-US"> The Trust [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_SubsequentEventTypeAxis" xlink:label="us-gaap_SubsequentEventTypeAxis"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SubsequentEventTypeAxis" xlink:to="us-gaap_SubsequentEventTypeAxis_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SubsequentEventTypeAxis_lbl" xml:lang="en-US"> Subsequent Event Type [Axis] </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_SubsequentEventMember" xlink:label="us-gaap_SubsequentEventMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SubsequentEventMember" xlink:to="us-gaap_SubsequentEventMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SubsequentEventMember_lbl" xml:lang="en-US"> Subsequent Event [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_VariousCurrencyFuturesContractsOceanicMember" xlink:label="frfd_VariousCurrencyFuturesContractsOceanicMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_VariousCurrencyFuturesContractsOceanicMember" xlink:to="frfd_VariousCurrencyFuturesContractsOceanicMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_VariousCurrencyFuturesContractsOceanicMember_lbl" xml:lang="en-US"> Various Currency Futures Contracts (Oceanic) [Member] </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_VariousPreciousMetalFuturesContractsMember" xlink:to="frfd_VariousPreciousMetalFuturesContractsMember_2_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="frfd_VariousPreciousMetalFuturesContractsMember_2_lbl" xml:lang="en-US"> Various Precious Metal Futures Contracts (U.S.) [Member] </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_VariousStockIndexFuturesContractsEuropeMember" xlink:to="frfd_VariousStockIndexFuturesContractsEuropeMember_2_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="frfd_VariousStockIndexFuturesContractsEuropeMember_2_lbl" xml:lang="en-US"> Various Stock Index Futures Contracts (Europe) [Member] </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_VariousEnergyFuturesContractsMember" xlink:to="frfd_VariousEnergyFuturesContractsMember_2_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_VariousEnergyFuturesContractsMember_2_lbl" xml:lang="en-US"> Various Energy Futures Contracts (U.S.) [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_VariousCurrencyFuturesContractsMember" xlink:label="frfd_VariousCurrencyFuturesContractsMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_VariousCurrencyFuturesContractsMember" xlink:to="frfd_VariousCurrencyFuturesContractsMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_VariousCurrencyFuturesContractsMember_lbl" xml:lang="en-US"> Various currency futures contracts (U.S.) [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_TotalCurrencyForwardsMember" xlink:label="frfd_TotalCurrencyForwardsMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_TotalCurrencyForwardsMember" xlink:to="frfd_TotalCurrencyForwardsMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_TotalCurrencyForwardsMember_lbl" xml:lang="en-US"> Total Currency Forwards [Member] </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_VariousStockIndexFuturesContractsOceanicMember" xlink:to="frfd_VariousStockIndexFuturesContractsOceanicMember_2_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="frfd_VariousStockIndexFuturesContractsOceanicMember_2_lbl" xml:lang="en-US"> Various Stock Index Futures Contracts (Oceanic) [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_VariousInterestRatesFuturesContractsFarEastMember" xlink:label="frfd_VariousInterestRatesFuturesContractsFarEastMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_VariousInterestRatesFuturesContractsFarEastMember" xlink:to="frfd_VariousInterestRatesFuturesContractsFarEastMember_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_VariousInterestRatesFuturesContractsFarEastMember_lbl" xml:lang="en-US"> Various Interest Rates Futures Contracts (Far East) [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_DocumentAndEntityInformationAbstract" xlink:label="frfd_DocumentAndEntityInformationAbstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_DocumentAndEntityInformationAbstract" xlink:to="frfd_DocumentAndEntityInformationAbstract_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_DocumentAndEntityInformationAbstract_lbl" xml:lang="en-US"> Document and Entity Information [Abstract] </link:label>
<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityRegistrantName" xlink:label="dei_EntityRegistrantName"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityRegistrantName" xlink:to="dei_EntityRegistrantName_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityRegistrantName_lbl" xml:lang="en-US"> Entity Registrant Name </link:label>
<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityCentralIndexKey" xlink:label="dei_EntityCentralIndexKey"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityCentralIndexKey" xlink:to="dei_EntityCentralIndexKey_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityCentralIndexKey_lbl" xml:lang="en-US"> Entity Central Index Key </link:label>
<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_DocumentType" xlink:label="dei_DocumentType"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentType" xlink:to="dei_DocumentType_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentType_lbl" xml:lang="en-US"> Document Type </link:label>
<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_DocumentPeriodEndDate" xlink:label="dei_DocumentPeriodEndDate"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentPeriodEndDate" xlink:to="dei_DocumentPeriodEndDate_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentPeriodEndDate_lbl" xml:lang="en-US"> Document Period End Date </link:label>
<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_AmendmentFlag" xlink:label="dei_AmendmentFlag"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AmendmentFlag" xlink:to="dei_AmendmentFlag_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_AmendmentFlag_lbl" xml:lang="en-US"> Amendment Flag </link:label>
<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_CurrentFiscalYearEndDate" xlink:label="dei_CurrentFiscalYearEndDate"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_CurrentFiscalYearEndDate" xlink:to="dei_CurrentFiscalYearEndDate_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_CurrentFiscalYearEndDate_lbl" xml:lang="en-US"> Current Fiscal Year End Date </link:label>
<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityFileNumber" xlink:label="dei_EntityFileNumber"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityFileNumber" xlink:to="dei_EntityFileNumber_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityFileNumber_lbl" xml:lang="en-US"> Entity File Number </link:label>
<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityCurrentReportingStatus" xlink:label="dei_EntityCurrentReportingStatus"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityCurrentReportingStatus" xlink:to="dei_EntityCurrentReportingStatus_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityCurrentReportingStatus_lbl" xml:lang="en-US"> Entity Current Reporting Status </link:label>
<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityInteractiveDataCurrent" xlink:label="dei_EntityInteractiveDataCurrent"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityInteractiveDataCurrent" xlink:to="dei_EntityInteractiveDataCurrent_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityInteractiveDataCurrent_lbl" xml:lang="en-US"> Entity Interactive Data Current </link:label>
<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityIncorporationStateCountryCode" xlink:label="dei_EntityIncorporationStateCountryCode"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityIncorporationStateCountryCode" xlink:to="dei_EntityIncorporationStateCountryCode_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityIncorporationStateCountryCode_lbl" xml:lang="en-US"> Entity Incorporation, State or Country Code </link:label>
<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityFilerCategory" xlink:label="dei_EntityFilerCategory"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityFilerCategory" xlink:to="dei_EntityFilerCategory_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityFilerCategory_lbl" xml:lang="en-US"> Entity Filer Category </link:label>
<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntitySmallBusiness" xlink:label="dei_EntitySmallBusiness"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntitySmallBusiness" xlink:to="dei_EntitySmallBusiness_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntitySmallBusiness_lbl" xml:lang="en-US"> Entity Small Business </link:label>
<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityEmergingGrowthCompany" xlink:label="dei_EntityEmergingGrowthCompany"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityEmergingGrowthCompany" xlink:to="dei_EntityEmergingGrowthCompany_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityEmergingGrowthCompany_lbl" xml:lang="en-US"> Entity Emerging Growth Company </link:label>
<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityShellCompany" xlink:label="dei_EntityShellCompany"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityShellCompany" xlink:to="dei_EntityShellCompany_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityShellCompany_lbl" xml:lang="en-US"> Entity Shell Company </link:label>
<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityCommonStockSharesOutstanding" xlink:label="dei_EntityCommonStockSharesOutstanding"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityCommonStockSharesOutstanding" xlink:to="dei_EntityCommonStockSharesOutstanding_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityCommonStockSharesOutstanding_lbl" xml:lang="en-US"> Entity Common Stock, Shares Outstanding </link:label>
<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_DocumentFiscalPeriodFocus" xlink:label="dei_DocumentFiscalPeriodFocus"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentFiscalPeriodFocus" xlink:to="dei_DocumentFiscalPeriodFocus_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentFiscalPeriodFocus_lbl" xml:lang="en-US"> Document Fiscal Period Focus </link:label>
<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_DocumentFiscalYearFocus" xlink:label="dei_DocumentFiscalYearFocus"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentFiscalYearFocus" xlink:to="dei_DocumentFiscalYearFocus_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentFiscalYearFocus_lbl" xml:lang="en-US"> Document Fiscal Year Focus </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StatementTable" xlink:label="us-gaap_StatementTable"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StatementTable" xlink:to="us-gaap_StatementTable_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StatementTable_lbl" xml:lang="en-US"> Statement [Table] </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StatementLineItems" xlink:label="us-gaap_StatementLineItems"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StatementLineItems" xlink:to="us-gaap_StatementLineItems_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StatementLineItems_lbl" xml:lang="en-US"> Statement [Line Items] </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="us-gaap_AssetsAbstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AssetsAbstract" xlink:to="us-gaap_AssetsAbstract_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AssetsAbstract_lbl" xml:lang="en-US"> ASSETS </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:label="us-gaap_CashAndCashEquivalentsAtCarryingValue"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:to="us-gaap_CashAndCashEquivalentsAtCarryingValue_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CashAndCashEquivalentsAtCarryingValue_lbl" xml:lang="en-US"> Cash and cash equivalents </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FinancialInstrumentsOwnedUSGovernmentAndAgencyObligationsAtFairValue" xlink:label="us-gaap_FinancialInstrumentsOwnedUSGovernmentAndAgencyObligationsAtFairValue"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FinancialInstrumentsOwnedUSGovernmentAndAgencyObligationsAtFairValue" xlink:to="us-gaap_FinancialInstrumentsOwnedUSGovernmentAndAgencyObligationsAtFairValue_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FinancialInstrumentsOwnedUSGovernmentAndAgencyObligationsAtFairValue_lbl" xml:lang="en-US"> U.S. Treasury securities, at fair value </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_OpenTradeEquity" xlink:label="frfd_OpenTradeEquity"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_OpenTradeEquity" xlink:to="frfd_OpenTradeEquity_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_OpenTradeEquity_lbl" xml:lang="en-US"> Receivable from futures commission merchants </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_CommissionsAndFloorBrokerageReceivables" xlink:label="us-gaap_CommissionsAndFloorBrokerageReceivables"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommissionsAndFloorBrokerageReceivables" xlink:to="us-gaap_CommissionsAndFloorBrokerageReceivables_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CommissionsAndFloorBrokerageReceivables_lbl" xml:lang="en-US"> Open trade equity, at fair value </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_IncentiveFeesReceivable" xlink:label="frfd_IncentiveFeesReceivable"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_IncentiveFeesReceivable" xlink:to="frfd_IncentiveFeesReceivable_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_IncentiveFeesReceivable_lbl" xml:lang="en-US"> Incentive fee receivable </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_SwapContracts" xlink:label="frfd_SwapContracts"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_SwapContracts" xlink:to="frfd_SwapContracts_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_SwapContracts_lbl" xml:lang="en-US"> Swap contracts, at fair value </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FinancialInstrumentsOwnedPrincipalInvestmentsAtFairValue" xlink:label="us-gaap_FinancialInstrumentsOwnedPrincipalInvestmentsAtFairValue"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FinancialInstrumentsOwnedPrincipalInvestmentsAtFairValue" xlink:to="us-gaap_FinancialInstrumentsOwnedPrincipalInvestmentsAtFairValue_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FinancialInstrumentsOwnedPrincipalInvestmentsAtFairValue_lbl" xml:lang="en-US"> Investments in private investment companies, at fair value </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures" xlink:label="us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures" xlink:to="us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures_lbl" xml:lang="en-US"> Investments in unconsolidated trading companies, at fair value </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_InterestReceivable" xlink:label="us-gaap_InterestReceivable"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InterestReceivable" xlink:to="us-gaap_InterestReceivable_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InterestReceivable_lbl" xml:lang="en-US"> Interest receivable </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_DueFromManagingOwner" xlink:label="frfd_DueFromManagingOwner"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_DueFromManagingOwner" xlink:to="frfd_DueFromManagingOwner_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_DueFromManagingOwner_lbl" xml:lang="en-US"> Due from Managing Owner </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DueFromOtherRelatedParties" xlink:label="us-gaap_DueFromOtherRelatedParties"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DueFromOtherRelatedParties" xlink:to="us-gaap_DueFromOtherRelatedParties_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DueFromOtherRelatedParties_lbl" xml:lang="en-US"> Receivable from related parties </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_RedemptionsReceivableFromPrivateInvestmentCompanies" xlink:label="frfd_RedemptionsReceivableFromPrivateInvestmentCompanies"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_RedemptionsReceivableFromPrivateInvestmentCompanies" xlink:to="frfd_RedemptionsReceivableFromPrivateInvestmentCompanies_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_RedemptionsReceivableFromPrivateInvestmentCompanies_lbl" xml:lang="en-US"> Redemptions receivable from private investment companies </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_OtherAssets" xlink:label="us-gaap_OtherAssets"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherAssets" xlink:to="us-gaap_OtherAssets_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OtherAssets_lbl" xml:lang="en-US"> Other assets </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_Assets" xlink:label="us-gaap_Assets"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_Assets" xlink:to="us-gaap_Assets_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_Assets_lbl" xml:lang="en-US"> Total Assets </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquityAbstract" xlink:label="us-gaap_LiabilitiesAndStockholdersEquityAbstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LiabilitiesAndStockholdersEquityAbstract" xlink:to="us-gaap_LiabilitiesAndStockholdersEquityAbstract_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LiabilitiesAndStockholdersEquityAbstract_lbl" xml:lang="en-US"> LIABILITIES & CAPITAL </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="us-gaap_LiabilitiesAbstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LiabilitiesAbstract" xlink:to="us-gaap_LiabilitiesAbstract_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LiabilitiesAbstract_lbl" xml:lang="en-US"> LIABILITIES </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_OpenTradeDeficit" xlink:label="frfd_OpenTradeDeficit"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_OpenTradeDeficit" xlink:to="frfd_OpenTradeDeficit_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="frfd_OpenTradeDeficit_lbl" xml:lang="en-US"> Open trade equity, at fair value </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_RedemptionsPayables" xlink:label="frfd_RedemptionsPayables"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_RedemptionsPayables" xlink:to="frfd_RedemptionsPayables_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_RedemptionsPayables_lbl" xml:lang="en-US"> Redemptions payable </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_OwnerRedemptionsPayable" xlink:label="frfd_OwnerRedemptionsPayable"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_OwnerRedemptionsPayable" xlink:to="frfd_OwnerRedemptionsPayable_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_OwnerRedemptionsPayable_lbl" xml:lang="en-US"> Owner redemptions payable </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_ManagementFeesPayableToManagingOwner" xlink:label="frfd_ManagementFeesPayableToManagingOwner"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ManagementFeesPayableToManagingOwner" xlink:to="frfd_ManagementFeesPayableToManagingOwner_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_ManagementFeesPayableToManagingOwner_lbl" xml:lang="en-US"> Management fees payable to Managing Owner </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_InterestPayableCurrentAndNoncurrent" xlink:label="us-gaap_InterestPayableCurrentAndNoncurrent"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InterestPayableCurrentAndNoncurrent" xlink:to="us-gaap_InterestPayableCurrentAndNoncurrent_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InterestPayableCurrentAndNoncurrent_lbl" xml:lang="en-US"> Interest payable to Managing Owner </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_ServiceFeesPayableToManagingOwner" xlink:label="frfd_ServiceFeesPayableToManagingOwner"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ServiceFeesPayableToManagingOwner" xlink:to="frfd_ServiceFeesPayableToManagingOwner_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_ServiceFeesPayableToManagingOwner_lbl" xml:lang="en-US"> Service fees payable to Managing Owner </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_TradingFeesPayableToManagingOwner" xlink:label="frfd_TradingFeesPayableToManagingOwner"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_TradingFeesPayableToManagingOwner" xlink:to="frfd_TradingFeesPayableToManagingOwner_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_TradingFeesPayableToManagingOwner_lbl" xml:lang="en-US"> Trading fees payable to Managing Owner </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_RiskAnalysisFeesPayable" xlink:label="frfd_RiskAnalysisFeesPayable"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_RiskAnalysisFeesPayable" xlink:to="frfd_RiskAnalysisFeesPayable_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_RiskAnalysisFeesPayable_lbl" xml:lang="en-US"> Risk analysis fees payable </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_AdvanceOnUnrealizedSwapAppreciation" xlink:label="frfd_AdvanceOnUnrealizedSwapAppreciation"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_AdvanceOnUnrealizedSwapAppreciation" xlink:to="frfd_AdvanceOnUnrealizedSwapAppreciation_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_AdvanceOnUnrealizedSwapAppreciation_lbl" xml:lang="en-US"> Advance on unrealized swap appreciation </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_SubscriptionsInAdvanceForServiceFeeRebates" xlink:label="frfd_SubscriptionsInAdvanceForServiceFeeRebates"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_SubscriptionsInAdvanceForServiceFeeRebates" xlink:to="frfd_SubscriptionsInAdvanceForServiceFeeRebates_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_SubscriptionsInAdvanceForServiceFeeRebates_lbl" xml:lang="en-US"> Subscriptions in advance for service fee rebates </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_SubscriptionsPayableToPrivateInvestmentCompanies" xlink:label="frfd_SubscriptionsPayableToPrivateInvestmentCompanies"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_SubscriptionsPayableToPrivateInvestmentCompanies" xlink:to="frfd_SubscriptionsPayableToPrivateInvestmentCompanies_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_SubscriptionsPayableToPrivateInvestmentCompanies_lbl" xml:lang="en-US"> Subscriptions payable to private investment companies </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_OtherLiabilities" xlink:label="us-gaap_OtherLiabilities"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherLiabilities" xlink:to="us-gaap_OtherLiabilities_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OtherLiabilities_lbl" xml:lang="en-US"> Other liabilities </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_Liabilities" xlink:label="us-gaap_Liabilities"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_Liabilities" xlink:to="us-gaap_Liabilities_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_Liabilities_lbl" xml:lang="en-US"> Total Liabilities </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_PartnersCapitalAbstract" xlink:label="us-gaap_PartnersCapitalAbstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PartnersCapitalAbstract" xlink:to="us-gaap_PartnersCapitalAbstract_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PartnersCapitalAbstract_lbl" xml:lang="en-US"> CAPITAL </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_GeneralPartnersCapitalAccount" xlink:label="us-gaap_GeneralPartnersCapitalAccount"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_GeneralPartnersCapitalAccount" xlink:to="us-gaap_GeneralPartnersCapitalAccount_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_GeneralPartnersCapitalAccount_lbl" xml:lang="en-US"> Managing Owner Units </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_LimitedPartnersCapitalAccount" xlink:label="us-gaap_LimitedPartnersCapitalAccount"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LimitedPartnersCapitalAccount" xlink:to="us-gaap_LimitedPartnersCapitalAccount_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LimitedPartnersCapitalAccount_lbl" xml:lang="en-US"> Limited Owner Units </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_PartnersCapitalIncludingOtherOwnershipInterests" xlink:label="frfd_PartnersCapitalIncludingOtherOwnershipInterests"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_PartnersCapitalIncludingOtherOwnershipInterests" xlink:to="frfd_PartnersCapitalIncludingOtherOwnershipInterests_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_PartnersCapitalIncludingOtherOwnershipInterests_lbl" xml:lang="en-US"> Total Owners' Capital </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_MembersEquityAttributableToNoncontrollingInterest" xlink:label="us-gaap_MembersEquityAttributableToNoncontrollingInterest"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_MembersEquityAttributableToNoncontrollingInterest" xlink:to="us-gaap_MembersEquityAttributableToNoncontrollingInterest_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_MembersEquityAttributableToNoncontrollingInterest_lbl" xml:lang="en-US"> Non-Controlling Interests </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_PartnersCapital" xlink:label="us-gaap_PartnersCapital"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PartnersCapital" xlink:to="us-gaap_PartnersCapital_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_PartnersCapital_lbl" xml:lang="en-US"> Total Capital </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquity" xlink:label="us-gaap_LiabilitiesAndStockholdersEquity"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LiabilitiesAndStockholdersEquity" xlink:to="us-gaap_LiabilitiesAndStockholdersEquity_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_LiabilitiesAndStockholdersEquity_lbl" xml:lang="en-US"> Total Liabilities and Capital </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_PartnersCapitalAccountUnits" xlink:label="us-gaap_PartnersCapitalAccountUnits"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PartnersCapitalAccountUnits" xlink:to="us-gaap_PartnersCapitalAccountUnits_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PartnersCapitalAccountUnits_lbl" xml:lang="en-US"> Units Outstanding </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_NetAssetValuePerUnit" xlink:label="frfd_NetAssetValuePerUnit"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_NetAssetValuePerUnit" xlink:to="frfd_NetAssetValuePerUnit_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_NetAssetValuePerUnit_lbl" xml:lang="en-US"> Net Asset Value per Unit </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InvestmentTypeAxis" xlink:to="us-gaap_InvestmentTypeAxis_2_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_InvestmentTypeAxis_2_lbl" xml:lang="en-US"> Investment Type [Axis] </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_USTreasurySecuritiesMember" xlink:to="us-gaap_USTreasurySecuritiesMember_2_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_USTreasurySecuritiesMember_2_lbl" xml:lang="en-US"> Additional Disclosure on U.S. Treasury Securities [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_InvestmentOwnedAtFairValue" xlink:label="us-gaap_InvestmentOwnedAtFairValue"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InvestmentOwnedAtFairValue" xlink:to="us-gaap_InvestmentOwnedAtFairValue_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InvestmentOwnedAtFairValue_lbl" xml:lang="en-US"> Investment Owned, Fair Value </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_InvestmentOwnedPercentOfNetAssets" xlink:label="us-gaap_InvestmentOwnedPercentOfNetAssets"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InvestmentOwnedPercentOfNetAssets" xlink:to="us-gaap_InvestmentOwnedPercentOfNetAssets_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InvestmentOwnedPercentOfNetAssets_lbl" xml:lang="en-US"> Investment Owned, % of Total Capital (Net Asset Value) </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_InvestmentOwnedUnderlyingFaceAmountAtMarketValue" xlink:label="us-gaap_InvestmentOwnedUnderlyingFaceAmountAtMarketValue"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InvestmentOwnedUnderlyingFaceAmountAtMarketValue" xlink:to="us-gaap_InvestmentOwnedUnderlyingFaceAmountAtMarketValue_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InvestmentOwnedUnderlyingFaceAmountAtMarketValue_lbl" xml:lang="en-US"> Investment Owned, Underlying Face Amount, at Face Value </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_InvestmentOwnedAtCost" xlink:label="us-gaap_InvestmentOwnedAtCost"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InvestmentOwnedAtCost" xlink:to="us-gaap_InvestmentOwnedAtCost_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InvestmentOwnedAtCost_lbl" xml:lang="en-US"> Investment Owned, at Cost </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_GlobalFundOne1Member" xlink:to="frfd_GlobalFundOne1Member_2_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="frfd_GlobalFundOne1Member_2_lbl" xml:lang="en-US"> Frontier Global Fund [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_NetInvestmentIncomeAbstract" xlink:label="us-gaap_NetInvestmentIncomeAbstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetInvestmentIncomeAbstract" xlink:to="us-gaap_NetInvestmentIncomeAbstract_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NetInvestmentIncomeAbstract_lbl" xml:lang="en-US"> Investment income: </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_InterestIncomeExpenseNet" xlink:label="us-gaap_InterestIncomeExpenseNet"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InterestIncomeExpenseNet" xlink:to="us-gaap_InterestIncomeExpenseNet_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InterestIncomeExpenseNet_lbl" xml:lang="en-US"> Interest - net </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_InvestmentIncomeNet" xlink:label="us-gaap_InvestmentIncomeNet"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InvestmentIncomeNet" xlink:to="us-gaap_InvestmentIncomeNet_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_InvestmentIncomeNet_lbl" xml:lang="en-US"> Total Income/(loss) </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_OperatingExpensesAbstract" xlink:label="us-gaap_OperatingExpensesAbstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingExpensesAbstract" xlink:to="us-gaap_OperatingExpensesAbstract_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OperatingExpensesAbstract_lbl" xml:lang="en-US"> Expenses: </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ManagementFeeExpense" xlink:label="us-gaap_ManagementFeeExpense"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ManagementFeeExpense" xlink:to="us-gaap_ManagementFeeExpense_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ManagementFeeExpense_lbl" xml:lang="en-US"> Management Fees </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ExpenseRelatedToDistributionOrServicingAndUnderwritingFees" xlink:label="us-gaap_ExpenseRelatedToDistributionOrServicingAndUnderwritingFees"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ExpenseRelatedToDistributionOrServicingAndUnderwritingFees" xlink:to="us-gaap_ExpenseRelatedToDistributionOrServicingAndUnderwritingFees_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ExpenseRelatedToDistributionOrServicingAndUnderwritingFees_lbl" xml:lang="en-US"> Service Fees - Class 1 </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_RiskAnalysisFees" xlink:label="frfd_RiskAnalysisFees"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_RiskAnalysisFees" xlink:to="frfd_RiskAnalysisFees_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_RiskAnalysisFees_lbl" xml:lang="en-US"> Risk analysis Fees </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_DueDilliganceFees" xlink:label="frfd_DueDilliganceFees"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_DueDilliganceFees" xlink:to="frfd_DueDilliganceFees_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_DueDilliganceFees_lbl" xml:lang="en-US"> Due Diligence Fees </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FloorBrokerageExchangeAndClearanceFees" xlink:label="us-gaap_FloorBrokerageExchangeAndClearanceFees"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FloorBrokerageExchangeAndClearanceFees" xlink:to="us-gaap_FloorBrokerageExchangeAndClearanceFees_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FloorBrokerageExchangeAndClearanceFees_lbl" xml:lang="en-US"> Trading Fees </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_OtherFees" xlink:label="frfd_OtherFees"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_OtherFees" xlink:to="frfd_OtherFees_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_OtherFees_lbl" xml:lang="en-US"> Other Fees </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_OperatingExpenses" xlink:label="us-gaap_OperatingExpenses"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingExpenses" xlink:to="us-gaap_OperatingExpenses_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_OperatingExpenses_lbl" xml:lang="en-US"> Total Expenses </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_InvestmentIncomeInvestmentExpense1" xlink:label="frfd_InvestmentIncomeInvestmentExpense1"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_InvestmentIncomeInvestmentExpense1" xlink:to="frfd_InvestmentIncomeInvestmentExpense1_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:label="frfd_InvestmentIncomeInvestmentExpense1_lbl" xml:lang="en-US"> Investment income/(loss) - net </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_GainLossOnInvestmentsAbstract" xlink:label="us-gaap_GainLossOnInvestmentsAbstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_GainLossOnInvestmentsAbstract" xlink:to="us-gaap_GainLossOnInvestmentsAbstract_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_GainLossOnInvestmentsAbstract_lbl" xml:lang="en-US"> Realized and unrealized gain/(loss) on investments: </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_NetRealizedGainlossOnFuturesForwardsAndOptions" xlink:label="frfd_NetRealizedGainlossOnFuturesForwardsAndOptions"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_NetRealizedGainlossOnFuturesForwardsAndOptions" xlink:to="frfd_NetRealizedGainlossOnFuturesForwardsAndOptions_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_NetRealizedGainlossOnFuturesForwardsAndOptions_lbl" xml:lang="en-US"> Net realized gain/(loss) on futures, forwards and options </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_NetUnrealizedGainlossOnPrivateInvestmentCompanies" xlink:label="frfd_NetUnrealizedGainlossOnPrivateInvestmentCompanies"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_NetUnrealizedGainlossOnPrivateInvestmentCompanies" xlink:to="frfd_NetUnrealizedGainlossOnPrivateInvestmentCompanies_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_NetUnrealizedGainlossOnPrivateInvestmentCompanies_lbl" xml:lang="en-US"> Net unrealized gain/(loss) on private investment companies </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_NetRealizedGainlossOnPrivateInvestmentCompanies" xlink:label="frfd_NetRealizedGainlossOnPrivateInvestmentCompanies"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_NetRealizedGainlossOnPrivateInvestmentCompanies" xlink:to="frfd_NetRealizedGainlossOnPrivateInvestmentCompanies_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_NetRealizedGainlossOnPrivateInvestmentCompanies_lbl" xml:lang="en-US"> Net realized gain/(loss) on private investment companies </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_NetChangeInOpenTradeEquity" xlink:label="frfd_NetChangeInOpenTradeEquity"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_NetChangeInOpenTradeEquity" xlink:to="frfd_NetChangeInOpenTradeEquity_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_NetChangeInOpenTradeEquity_lbl" xml:lang="en-US"> Net change in open trade equity/(deficit) </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_NetRealizedGainlossOnSwapContracts" xlink:label="frfd_NetRealizedGainlossOnSwapContracts"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_NetRealizedGainlossOnSwapContracts" xlink:to="frfd_NetRealizedGainlossOnSwapContracts_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_NetRealizedGainlossOnSwapContracts_lbl" xml:lang="en-US"> Net realized gain/(loss) on swap contracts </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_NetUnrealizedGainlossOnSwapContracts" xlink:label="frfd_NetUnrealizedGainlossOnSwapContracts"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_NetUnrealizedGainlossOnSwapContracts" xlink:to="frfd_NetUnrealizedGainlossOnSwapContracts_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_NetUnrealizedGainlossOnSwapContracts_lbl" xml:lang="en-US"> Net unrealized gain/(loss) on swap contracts </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_NetRealizedGainlossOnU.s.TreasurySecurities" xlink:label="frfd_NetRealizedGainlossOnU.s.TreasurySecurities"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_NetRealizedGainlossOnU.s.TreasurySecurities" xlink:to="frfd_NetRealizedGainlossOnU.s.TreasurySecurities_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_NetRealizedGainlossOnU.s.TreasurySecurities_lbl" xml:lang="en-US"> Net realized gain/(loss) on U.S. Treasury securities </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_NetUnrealizedGainlossOnU.s.TreasurySecurities" xlink:label="frfd_NetUnrealizedGainlossOnU.s.TreasurySecurities"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_NetUnrealizedGainlossOnU.s.TreasurySecurities" xlink:to="frfd_NetUnrealizedGainlossOnU.s.TreasurySecurities_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_NetUnrealizedGainlossOnU.s.TreasurySecurities_lbl" xml:lang="en-US"> Net unrealized gain/(loss) on U.S. Treasury securities </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_NoninterestExpenseCommissionExpense" xlink:label="us-gaap_NoninterestExpenseCommissionExpense"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NoninterestExpenseCommissionExpense" xlink:to="us-gaap_NoninterestExpenseCommissionExpense_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_NoninterestExpenseCommissionExpense_lbl" xml:lang="en-US"> Trading commissions </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_IncomeLossFromEquityMethodInvestments" xlink:label="us-gaap_IncomeLossFromEquityMethodInvestments"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeLossFromEquityMethodInvestments" xlink:to="us-gaap_IncomeLossFromEquityMethodInvestments_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncomeLossFromEquityMethodInvestments_lbl" xml:lang="en-US"> Change in fair value of investments in unconsolidated trading companies </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_GainLossOnInvestments" xlink:label="us-gaap_GainLossOnInvestments"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_GainLossOnInvestments" xlink:to="us-gaap_GainLossOnInvestments_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_GainLossOnInvestments_lbl" xml:lang="en-US"> Net gain/(loss) on investments </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ProfitLoss" xlink:label="us-gaap_ProfitLoss"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProfitLoss" xlink:to="us-gaap_ProfitLoss_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_ProfitLoss_lbl" xml:lang="en-US"> NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_NetIncomeLossAttributableToNoncontrollingInterest" xlink:label="us-gaap_NetIncomeLossAttributableToNoncontrollingInterest"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetIncomeLossAttributableToNoncontrollingInterest" xlink:to="us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_lbl" xml:lang="en-US"> Less: Operations attributable to non-controlling interests </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="us-gaap_NetIncomeLoss"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetIncomeLoss" xlink:to="us-gaap_NetIncomeLoss_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_NetIncomeLoss_lbl" xml:lang="en-US"> NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_EarningsPerUnitAbstract" xlink:label="us-gaap_EarningsPerUnitAbstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EarningsPerUnitAbstract" xlink:to="us-gaap_EarningsPerUnitAbstract_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_EarningsPerUnitAbstract_lbl" xml:lang="en-US"> NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS PER UNIT </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax" xlink:label="us-gaap_NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax" xlink:to="us-gaap_NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax_lbl" xml:lang="en-US"> NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS PER UNIT </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_LimitedOwnersMember" xlink:to="frfd_LimitedOwnersMember_2_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="frfd_LimitedOwnersMember_2_lbl" xml:lang="en-US"> Limited Owners [Member] </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NoncontrollingInterestMember" xlink:to="us-gaap_NoncontrollingInterestMember_2_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_NoncontrollingInterestMember_2_lbl" xml:lang="en-US"> Non-Controlling Interests [Member] </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ClassOneAMember" xlink:to="frfd_ClassOneAMember_2_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="frfd_ClassOneAMember_2_lbl" xml:lang="en-US"> Class 1a [Member] </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ClassThreeAMember" xlink:to="frfd_ClassThreeAMember_2_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="frfd_ClassThreeAMember_2_lbl" xml:lang="en-US"> Class 3a [Member] </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PartnersCapital" xlink:to="us-gaap_PartnersCapital_2_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="us-gaap_PartnersCapital_2_lbl" xml:lang="en-US"> Owners' Capital, Beginning balance </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_PartnersCapitalAccountSaleOfUnits" xlink:label="us-gaap_PartnersCapitalAccountSaleOfUnits"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PartnersCapitalAccountSaleOfUnits" xlink:to="us-gaap_PartnersCapitalAccountSaleOfUnits_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PartnersCapitalAccountSaleOfUnits_lbl" xml:lang="en-US"> Sale of Units (including transfers) </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_PartnersCapitalAccountRedemptions" xlink:label="us-gaap_PartnersCapitalAccountRedemptions"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PartnersCapitalAccountRedemptions" xlink:to="us-gaap_PartnersCapitalAccountRedemptions_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PartnersCapitalAccountRedemptions_lbl" xml:lang="en-US"> Redemption of Units (including transfers) </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_PartnersCapitalAccountExchangesAndConversion" xlink:label="frfd_PartnersCapitalAccountExchangesAndConversion"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_PartnersCapitalAccountExchangesAndConversion" xlink:to="frfd_PartnersCapitalAccountExchangesAndConversion_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_PartnersCapitalAccountExchangesAndConversion_lbl" xml:lang="en-US"> Change in control of ownership - Trading Companies </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_PartnersCapitalAccountContributionsOfManagingOwner" xlink:label="frfd_PartnersCapitalAccountContributionsOfManagingOwner"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_PartnersCapitalAccountContributionsOfManagingOwner" xlink:to="frfd_PartnersCapitalAccountContributionsOfManagingOwner_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_PartnersCapitalAccountContributionsOfManagingOwner_lbl" xml:lang="en-US"> Payment made by the Managing Owner </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ProceedsFromRepaymentsOfRelatedPartyDebt" xlink:label="us-gaap_ProceedsFromRepaymentsOfRelatedPartyDebt"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProceedsFromRepaymentsOfRelatedPartyDebt" xlink:to="us-gaap_ProceedsFromRepaymentsOfRelatedPartyDebt_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ProceedsFromRepaymentsOfRelatedPartyDebt_lbl" xml:lang="en-US"> Payment made by Related Party </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetIncomeLossAttributableToNoncontrollingInterest" xlink:to="us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_2_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_2_lbl" xml:lang="en-US"> Operations attributable to non-controlling interests </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_TransferOfUnitsInout" xlink:label="frfd_TransferOfUnitsInout"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_TransferOfUnitsInout" xlink:to="frfd_TransferOfUnitsInout_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_TransferOfUnitsInout_lbl" xml:lang="en-US"> Transfer of Units In(Out) </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetIncomeLoss" xlink:to="us-gaap_NetIncomeLoss_2_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NetIncomeLoss_2_lbl" xml:lang="en-US"> Net increase/(decrease) in Owners' Capital resulting from operations attributable to controlling interests </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PartnersCapital" xlink:to="us-gaap_PartnersCapital_3_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="us-gaap_PartnersCapital_3_lbl" xml:lang="en-US"> Owners' Capital, Ending balance </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PartnersCapitalAccountUnits" xlink:to="us-gaap_PartnersCapitalAccountUnits_2_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="us-gaap_PartnersCapitalAccountUnits_2_lbl" xml:lang="en-US"> Owners' Capital - Units, Beginning balance </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_PartnersCapitalAccountUnitsSaleOfUnits" xlink:label="us-gaap_PartnersCapitalAccountUnitsSaleOfUnits"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PartnersCapitalAccountUnitsSaleOfUnits" xlink:to="us-gaap_PartnersCapitalAccountUnitsSaleOfUnits_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PartnersCapitalAccountUnitsSaleOfUnits_lbl" xml:lang="en-US"> Owners' Capital - Units, Sale of Units (including transfers) </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_PartnersCapitalAccountUnitsRedeemed" xlink:label="us-gaap_PartnersCapitalAccountUnitsRedeemed"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PartnersCapitalAccountUnitsRedeemed" xlink:to="us-gaap_PartnersCapitalAccountUnitsRedeemed_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_PartnersCapitalAccountUnitsRedeemed_lbl" xml:lang="en-US"> Owners' Capital - Units, Redemption of Units (including transfers) </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PartnersCapitalAccountUnits" xlink:to="us-gaap_PartnersCapitalAccountUnits_3_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="us-gaap_PartnersCapitalAccountUnits_3_lbl" xml:lang="en-US"> Owners' Capital - Units, Ending balance </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_NetAssetValue" xlink:label="frfd_NetAssetValue"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_NetAssetValue" xlink:to="frfd_NetAssetValue_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="frfd_NetAssetValue_lbl" xml:lang="en-US"> Net asset value per unit, Beginning balance </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_ChangeInNetAssetValuePerUnit" xlink:label="frfd_ChangeInNetAssetValuePerUnit"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ChangeInNetAssetValuePerUnit" xlink:to="frfd_ChangeInNetAssetValuePerUnit_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_ChangeInNetAssetValuePerUnit_lbl" xml:lang="en-US"> Change in net asset value per unit for the six months ended June 30, 2020 </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_NetAssetValue" xlink:to="frfd_NetAssetValue_2_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="frfd_NetAssetValue_2_lbl" xml:lang="en-US"> Net asset value per unit, Ending balance </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract" xlink:to="us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_lbl" xml:lang="en-US"> Cash Flows from Operating Activities: </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProfitLoss" xlink:to="us-gaap_ProfitLoss_2_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ProfitLoss_2_lbl" xml:lang="en-US"> Net increase/(decrease) in capital resulting from operations </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:to="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_lbl" xml:lang="en-US"> Adjustments to reconcile net increase/(decrease) in capital resulting from operations to net cash provided by (used in) operating activities: </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_ChangeInInvestmentAbstract" xlink:label="frfd_ChangeInInvestmentAbstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ChangeInInvestmentAbstract" xlink:to="frfd_ChangeInInvestmentAbstract_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_ChangeInInvestmentAbstract_lbl" xml:lang="en-US"> Change in: </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_ChangeInOpenTradeEquitydeficitAtFairValue" xlink:label="frfd_ChangeInOpenTradeEquitydeficitAtFairValue"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ChangeInOpenTradeEquitydeficitAtFairValue" xlink:to="frfd_ChangeInOpenTradeEquitydeficitAtFairValue_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_ChangeInOpenTradeEquitydeficitAtFairValue_lbl" xml:lang="en-US"> Net change in open trade equity, at fair value </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_RealizedGainlossOnFuturesForwardsAndOptions" xlink:label="frfd_RealizedGainlossOnFuturesForwardsAndOptions"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_RealizedGainlossOnFuturesForwardsAndOptions" xlink:to="frfd_RealizedGainlossOnFuturesForwardsAndOptions_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="frfd_RealizedGainlossOnFuturesForwardsAndOptions_lbl" xml:lang="en-US"> Net realized gain/(loss) on futures, forwards and options </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_ChangeInOwnershipAllocationOfUsTreasurySecuritiesNet" xlink:label="frfd_ChangeInOwnershipAllocationOfUsTreasurySecuritiesNet"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ChangeInOwnershipAllocationOfUsTreasurySecuritiesNet" xlink:to="frfd_ChangeInOwnershipAllocationOfUsTreasurySecuritiesNet_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="frfd_ChangeInOwnershipAllocationOfUsTreasurySecuritiesNet_lbl" xml:lang="en-US"> Net change in ownership allocation of U.S. Treasury securities </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_UnrealizedGainlossOnSwapContracts" xlink:label="frfd_UnrealizedGainlossOnSwapContracts"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_UnrealizedGainlossOnSwapContracts" xlink:to="frfd_UnrealizedGainlossOnSwapContracts_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="frfd_UnrealizedGainlossOnSwapContracts_lbl" xml:lang="en-US"> Net unrealized gain/(loss) on swap contracts </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_NetRealizedGainlossOnSwapContract" xlink:label="frfd_NetRealizedGainlossOnSwapContract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_NetRealizedGainlossOnSwapContract" xlink:to="frfd_NetRealizedGainlossOnSwapContract_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="frfd_NetRealizedGainlossOnSwapContract_lbl" xml:lang="en-US"> Net realized gain/(loss) on swap contracts </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_UnrealizedGainlossOnUsTreasurySecurities" xlink:label="frfd_UnrealizedGainlossOnUsTreasurySecurities"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_UnrealizedGainlossOnUsTreasurySecurities" xlink:to="frfd_UnrealizedGainlossOnUsTreasurySecurities_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="frfd_UnrealizedGainlossOnUsTreasurySecurities_lbl" xml:lang="en-US"> Net unrealized gain/(loss) on U.S. Treasury securities </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_RealizedGainlossOnUsTreasurySecurities" xlink:label="frfd_RealizedGainlossOnUsTreasurySecurities"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_RealizedGainlossOnUsTreasurySecurities" xlink:to="frfd_RealizedGainlossOnUsTreasurySecurities_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_RealizedGainlossOnUsTreasurySecurities_lbl" xml:lang="en-US"> Net realized gain/(loss) on U.S. Treasuries securities </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_UnrealizedGainlossOnPrivateInvestmentCompanies" xlink:label="frfd_UnrealizedGainlossOnPrivateInvestmentCompanies"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_UnrealizedGainlossOnPrivateInvestmentCompanies" xlink:to="frfd_UnrealizedGainlossOnPrivateInvestmentCompanies_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="frfd_UnrealizedGainlossOnPrivateInvestmentCompanies_lbl" xml:lang="en-US"> Net unrealized gain/(loss) on private investment companies </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_RealizedGainlossOnPrivateInvestmentCompanies" xlink:label="frfd_RealizedGainlossOnPrivateInvestmentCompanies"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_RealizedGainlossOnPrivateInvestmentCompanies" xlink:to="frfd_RealizedGainlossOnPrivateInvestmentCompanies_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="frfd_RealizedGainlossOnPrivateInvestmentCompanies_lbl" xml:lang="en-US"> Net realized gain/(loss) on private investment companies </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_PurchasesSalesOfInvestmentAbstract" xlink:label="frfd_PurchasesSalesOfInvestmentAbstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_PurchasesSalesOfInvestmentAbstract" xlink:to="frfd_PurchasesSalesOfInvestmentAbstract_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_PurchasesSalesOfInvestmentAbstract_lbl" xml:lang="en-US"> (Purchases) sales of: </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_SalesOfSwapContracts" xlink:label="frfd_SalesOfSwapContracts"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_SalesOfSwapContracts" xlink:to="frfd_SalesOfSwapContracts_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_SalesOfSwapContracts_lbl" xml:lang="en-US"> Sales of swap contracts </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_PurchasesOfSwapContracts" xlink:label="frfd_PurchasesOfSwapContracts"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_PurchasesOfSwapContracts" xlink:to="frfd_PurchasesOfSwapContracts_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="frfd_PurchasesOfSwapContracts_lbl" xml:lang="en-US"> (Purchases) of swap contracts </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_SalesOfUsTreasurySecurities" xlink:label="frfd_SalesOfUsTreasurySecurities"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_SalesOfUsTreasurySecurities" xlink:to="frfd_SalesOfUsTreasurySecurities_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_SalesOfUsTreasurySecurities_lbl" xml:lang="en-US"> Sales of U.S. Treasury securities </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_PurchaseOfUsTreasurySecurities" xlink:label="frfd_PurchaseOfUsTreasurySecurities"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_PurchaseOfUsTreasurySecurities" xlink:to="frfd_PurchaseOfUsTreasurySecurities_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="frfd_PurchaseOfUsTreasurySecurities_lbl" xml:lang="en-US"> (Purchases) of U.S. Treasury securities </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_UsTreasuryInterestAndPremiumPaidamortized" xlink:label="frfd_UsTreasuryInterestAndPremiumPaidamortized"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_UsTreasuryInterestAndPremiumPaidamortized" xlink:to="frfd_UsTreasuryInterestAndPremiumPaidamortized_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_UsTreasuryInterestAndPremiumPaidamortized_lbl" xml:lang="en-US"> U.S. Treasury interest and premium paid/amortized </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_PurchaseOfPrivateInvestmentCompanies" xlink:label="frfd_PurchaseOfPrivateInvestmentCompanies"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_PurchaseOfPrivateInvestmentCompanies" xlink:to="frfd_PurchaseOfPrivateInvestmentCompanies_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="frfd_PurchaseOfPrivateInvestmentCompanies_lbl" xml:lang="en-US"> (Purchases) of Private Investment Companies </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_ReductionOfCollateralInSwapContracts" xlink:label="frfd_ReductionOfCollateralInSwapContracts"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ReductionOfCollateralInSwapContracts" xlink:to="frfd_ReductionOfCollateralInSwapContracts_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_ReductionOfCollateralInSwapContracts_lbl" xml:lang="en-US"> Reduction of collateral in Swap contracts </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_SaleOfPrivateInvestmentCompanies" xlink:label="frfd_SaleOfPrivateInvestmentCompanies"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_SaleOfPrivateInvestmentCompanies" xlink:to="frfd_SaleOfPrivateInvestmentCompanies_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_SaleOfPrivateInvestmentCompanies_lbl" xml:lang="en-US"> Sale of Private Investment Companies </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_IncreaseDecreaseInOperatingCapitalAbstract" xlink:label="us-gaap_IncreaseDecreaseInOperatingCapitalAbstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInOperatingCapitalAbstract" xlink:to="us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_lbl" xml:lang="en-US"> Increase and/or decrease in: </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions" xlink:label="us-gaap_IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions" xlink:to="us-gaap_IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions_lbl" xml:lang="en-US"> Investments in unconsolidated trading companies, at fair value </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_IncreaseDecreaseInAccruedInterestReceivableNet" xlink:label="us-gaap_IncreaseDecreaseInAccruedInterestReceivableNet"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInAccruedInterestReceivableNet" xlink:to="us-gaap_IncreaseDecreaseInAccruedInterestReceivableNet_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_IncreaseDecreaseInAccruedInterestReceivableNet_lbl" xml:lang="en-US"> Interest receivable </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_IncreaseDecreaseInReceivableFromFuturesCommissionMerchants" xlink:label="frfd_IncreaseDecreaseInReceivableFromFuturesCommissionMerchants"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_IncreaseDecreaseInReceivableFromFuturesCommissionMerchants" xlink:to="frfd_IncreaseDecreaseInReceivableFromFuturesCommissionMerchants_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="frfd_IncreaseDecreaseInReceivableFromFuturesCommissionMerchants_lbl" xml:lang="en-US"> Receivable from futures commission merchants </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_PartnersCapitalAccountExchangesAndConversions" xlink:label="us-gaap_PartnersCapitalAccountExchangesAndConversions"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PartnersCapitalAccountExchangesAndConversions" xlink:to="us-gaap_PartnersCapitalAccountExchangesAndConversions_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_PartnersCapitalAccountExchangesAndConversions_lbl" xml:lang="en-US"> Control of ownership of trading companies </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_ChangeInControlOfOwnershipPrivateInvestmentCompanies" xlink:label="frfd_ChangeInControlOfOwnershipPrivateInvestmentCompanies"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ChangeInControlOfOwnershipPrivateInvestmentCompanies" xlink:to="frfd_ChangeInControlOfOwnershipPrivateInvestmentCompanies_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_ChangeInControlOfOwnershipPrivateInvestmentCompanies_lbl" xml:lang="en-US"> Change in control of ownership - private investment companies </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_ReceivableFromOtherSeries" xlink:label="frfd_ReceivableFromOtherSeries"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ReceivableFromOtherSeries" xlink:to="frfd_ReceivableFromOtherSeries_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="frfd_ReceivableFromOtherSeries_lbl" xml:lang="en-US"> Receivable from other series </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_IncreaseDecreaseInDueFromRelatedParties" xlink:label="us-gaap_IncreaseDecreaseInDueFromRelatedParties"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInDueFromRelatedParties" xlink:to="us-gaap_IncreaseDecreaseInDueFromRelatedParties_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_IncreaseDecreaseInDueFromRelatedParties_lbl" xml:lang="en-US"> Receivable from related parties </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_DuesFromManagingOwner" xlink:label="frfd_DuesFromManagingOwner"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_DuesFromManagingOwner" xlink:to="frfd_DuesFromManagingOwner_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="frfd_DuesFromManagingOwner_lbl" xml:lang="en-US"> Due from Managing Owner </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_AdvanceOnUnrealizedSwapAppreciations" xlink:label="frfd_AdvanceOnUnrealizedSwapAppreciations"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_AdvanceOnUnrealizedSwapAppreciations" xlink:to="frfd_AdvanceOnUnrealizedSwapAppreciations_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_AdvanceOnUnrealizedSwapAppreciations_lbl" xml:lang="en-US"> Advance on unrealized Swap Appreciation </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_IncreaseDecreaseInOtherOperatingAssets" xlink:label="us-gaap_IncreaseDecreaseInOtherOperatingAssets"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInOtherOperatingAssets" xlink:to="us-gaap_IncreaseDecreaseInOtherOperatingAssets_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_IncreaseDecreaseInOtherOperatingAssets_lbl" xml:lang="en-US"> Other assets </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_RedemptionReceivableFromPrivateInvestmentCompanies" xlink:label="frfd_RedemptionReceivableFromPrivateInvestmentCompanies"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_RedemptionReceivableFromPrivateInvestmentCompanies" xlink:to="frfd_RedemptionReceivableFromPrivateInvestmentCompanies_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="frfd_RedemptionReceivableFromPrivateInvestmentCompanies_lbl" xml:lang="en-US"> Redemptions receivable from private investment companies </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_IncentiveFeesReceivableToManagingOwner" xlink:label="frfd_IncentiveFeesReceivableToManagingOwner"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_IncentiveFeesReceivableToManagingOwner" xlink:to="frfd_IncentiveFeesReceivableToManagingOwner_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_IncentiveFeesReceivableToManagingOwner_lbl" xml:lang="en-US"> Incentive fees receivable to Managing Owner </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_IncreaseDecreaseInIncentiveFeesPayableToManagingOwner" xlink:label="frfd_IncreaseDecreaseInIncentiveFeesPayableToManagingOwner"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_IncreaseDecreaseInIncentiveFeesPayableToManagingOwner" xlink:to="frfd_IncreaseDecreaseInIncentiveFeesPayableToManagingOwner_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_IncreaseDecreaseInIncentiveFeesPayableToManagingOwner_lbl" xml:lang="en-US"> Incentive fees payable to Managing Owner </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_ManagementFeesPayableToManagingOwnerNetOfChangeInReceivable" xlink:label="frfd_ManagementFeesPayableToManagingOwnerNetOfChangeInReceivable"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ManagementFeesPayableToManagingOwnerNetOfChangeInReceivable" xlink:to="frfd_ManagementFeesPayableToManagingOwnerNetOfChangeInReceivable_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_ManagementFeesPayableToManagingOwnerNetOfChangeInReceivable_lbl" xml:lang="en-US"> Management fees payable to Managing Owner, net of change in receivable </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_IncreaseDecreaseInManagementFeesPayableToManagingOwner" xlink:label="frfd_IncreaseDecreaseInManagementFeesPayableToManagingOwner"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_IncreaseDecreaseInManagementFeesPayableToManagingOwner" xlink:to="frfd_IncreaseDecreaseInManagementFeesPayableToManagingOwner_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="frfd_IncreaseDecreaseInManagementFeesPayableToManagingOwner_lbl" xml:lang="en-US"> Management fees payable to Managing Owner </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_InterestPayableToManagingOwner" xlink:label="frfd_InterestPayableToManagingOwner"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_InterestPayableToManagingOwner" xlink:to="frfd_InterestPayableToManagingOwner_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="frfd_InterestPayableToManagingOwner_lbl" xml:lang="en-US"> Interest payable to Managing Owner </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_IncreaseDecreaseTradingFeesPayableToManagingOwner" xlink:label="frfd_IncreaseDecreaseTradingFeesPayableToManagingOwner"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_IncreaseDecreaseTradingFeesPayableToManagingOwner" xlink:to="frfd_IncreaseDecreaseTradingFeesPayableToManagingOwner_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="frfd_IncreaseDecreaseTradingFeesPayableToManagingOwner_lbl" xml:lang="en-US"> Trading fees payable to Managing Owner </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_IncreaseDecreaseInServiceFeesPayableToManagingOwner" xlink:label="frfd_IncreaseDecreaseInServiceFeesPayableToManagingOwner"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_IncreaseDecreaseInServiceFeesPayableToManagingOwner" xlink:to="frfd_IncreaseDecreaseInServiceFeesPayableToManagingOwner_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="frfd_IncreaseDecreaseInServiceFeesPayableToManagingOwner_lbl" xml:lang="en-US"> Service fees payable to Managing Owner </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_DueToManagingOwner" xlink:label="frfd_DueToManagingOwner"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_DueToManagingOwner" xlink:to="frfd_DueToManagingOwner_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="frfd_DueToManagingOwner_lbl" xml:lang="en-US"> Due to Managing Owner </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_RiskAnalysisFeesPayable1" xlink:label="frfd_RiskAnalysisFeesPayable1"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_RiskAnalysisFeesPayable1" xlink:to="frfd_RiskAnalysisFeesPayable1_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="frfd_RiskAnalysisFeesPayable1_lbl" xml:lang="en-US"> Risk analysis fees payable </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_IncreaseDecreaseInDueToRelatedPartiesCurrent" xlink:label="us-gaap_IncreaseDecreaseInDueToRelatedPartiesCurrent"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInDueToRelatedPartiesCurrent" xlink:to="us-gaap_IncreaseDecreaseInDueToRelatedPartiesCurrent_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncreaseDecreaseInDueToRelatedPartiesCurrent_lbl" xml:lang="en-US"> Payables to related parties </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_SubscriptionInAdvanceForServiceFeeRebates" xlink:label="frfd_SubscriptionInAdvanceForServiceFeeRebates"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_SubscriptionInAdvanceForServiceFeeRebates" xlink:to="frfd_SubscriptionInAdvanceForServiceFeeRebates_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="frfd_SubscriptionInAdvanceForServiceFeeRebates_lbl" xml:lang="en-US"> Subscriptions in advance for service fee rebates </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_IncreaseDecreaseInOtherOperatingLiabilities" xlink:label="us-gaap_IncreaseDecreaseInOtherOperatingLiabilities"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInOtherOperatingLiabilities" xlink:to="us-gaap_IncreaseDecreaseInOtherOperatingLiabilities_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_IncreaseDecreaseInOtherOperatingLiabilities_lbl" xml:lang="en-US"> Other liabilities </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivities" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivities"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetCashProvidedByUsedInOperatingActivities" xlink:to="us-gaap_NetCashProvidedByUsedInOperatingActivities_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivities_lbl" xml:lang="en-US"> Net cash provided by (used in) operating activities </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract" xlink:to="us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_lbl" xml:lang="en-US"> Cash Flows from Financing Activities: </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_ProceedsFromSaleOfCapital" xlink:label="frfd_ProceedsFromSaleOfCapital"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ProceedsFromSaleOfCapital" xlink:to="frfd_ProceedsFromSaleOfCapital_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_ProceedsFromSaleOfCapital_lbl" xml:lang="en-US"> Proceeds from sale of capital </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_PaymentForRedemptionOfCapital" xlink:label="frfd_PaymentForRedemptionOfCapital"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_PaymentForRedemptionOfCapital" xlink:to="frfd_PaymentForRedemptionOfCapital_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="frfd_PaymentForRedemptionOfCapital_lbl" xml:lang="en-US"> Payment for redemption of capital </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_PaymentsForRepurchaseOfEquity" xlink:label="us-gaap_PaymentsForRepurchaseOfEquity"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PaymentsForRepurchaseOfEquity" xlink:to="us-gaap_PaymentsForRepurchaseOfEquity_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_PaymentsForRepurchaseOfEquity_lbl" xml:lang="en-US"> Payment for redemption of units </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_ProceedsFromSaleOfUnits" xlink:label="frfd_ProceedsFromSaleOfUnits"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ProceedsFromSaleOfUnits" xlink:to="frfd_ProceedsFromSaleOfUnits_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_ProceedsFromSaleOfUnits_lbl" xml:lang="en-US"> Proceeds from sale of units </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_ChangeInNoncontrollingInterest" xlink:label="frfd_ChangeInNoncontrollingInterest"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ChangeInNoncontrollingInterest" xlink:to="frfd_ChangeInNoncontrollingInterest_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_ChangeInNoncontrollingInterest_lbl" xml:lang="en-US"> Change in non-controlling interest </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_PaymentForOwnerRedemptionsPayable" xlink:label="frfd_PaymentForOwnerRedemptionsPayable"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_PaymentForOwnerRedemptionsPayable" xlink:to="frfd_PaymentForOwnerRedemptionsPayable_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_PaymentForOwnerRedemptionsPayable_lbl" xml:lang="en-US"> Change in owner redemptions payable </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_RedemptionOfUnitsIncludingTransfers" xlink:label="frfd_RedemptionOfUnitsIncludingTransfers"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_RedemptionOfUnitsIncludingTransfers" xlink:to="frfd_RedemptionOfUnitsIncludingTransfers_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="frfd_RedemptionOfUnitsIncludingTransfers_lbl" xml:lang="en-US"> Redemption of Units (including transfers) </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_RedemptionsPayable" xlink:label="frfd_RedemptionsPayable"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_RedemptionsPayable" xlink:to="frfd_RedemptionsPayable_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="frfd_RedemptionsPayable_lbl" xml:lang="en-US"> Redemptions payable </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivities" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivities"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetCashProvidedByUsedInFinancingActivities" xlink:to="us-gaap_NetCashProvidedByUsedInFinancingActivities_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivities_lbl" xml:lang="en-US"> Net cash provided by (used in) financing activities </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect" xlink:label="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect" xlink:to="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect_lbl" xml:lang="en-US"> Net increase (decrease) in cash and cash equivalents </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:to="us-gaap_CashAndCashEquivalentsAtCarryingValue_2_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="us-gaap_CashAndCashEquivalentsAtCarryingValue_2_lbl" xml:lang="en-US"> Cash and cash equivalents, beginning of period </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:to="us-gaap_CashAndCashEquivalentsAtCarryingValue_3_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="us-gaap_CashAndCashEquivalentsAtCarryingValue_3_lbl" xml:lang="en-US"> Cash and cash equivalents, end of period </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock" xlink:label="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock" xlink:to="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock_lbl" xml:lang="en-US"> Organization and Purpose </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_SignificantAccountingPoliciesTextBlock" xlink:label="us-gaap_SignificantAccountingPoliciesTextBlock"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SignificantAccountingPoliciesTextBlock" xlink:to="us-gaap_SignificantAccountingPoliciesTextBlock_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SignificantAccountingPoliciesTextBlock_lbl" xml:lang="en-US"> Significant Accounting Policies </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FairValueDisclosuresTextBlock" xlink:label="us-gaap_FairValueDisclosuresTextBlock"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueDisclosuresTextBlock" xlink:to="us-gaap_FairValueDisclosuresTextBlock_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FairValueDisclosuresTextBlock_lbl" xml:lang="en-US"> Fair Value Measurements </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DerivativesAndFairValueTextBlock" xlink:label="us-gaap_DerivativesAndFairValueTextBlock"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativesAndFairValueTextBlock" xlink:to="us-gaap_DerivativesAndFairValueTextBlock_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DerivativesAndFairValueTextBlock_lbl" xml:lang="en-US"> Swap Contracts </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_EquityMethodInvestmentsDisclosureTextBlock" xlink:label="us-gaap_EquityMethodInvestmentsDisclosureTextBlock"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EquityMethodInvestmentsDisclosureTextBlock" xlink:to="us-gaap_EquityMethodInvestmentsDisclosureTextBlock_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_EquityMethodInvestmentsDisclosureTextBlock_lbl" xml:lang="en-US"> Investments in Unconsolidated Trading Companies and Private Investment Companies </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_RelatedPartyTransactionsDisclosureTextBlock" xlink:label="us-gaap_RelatedPartyTransactionsDisclosureTextBlock"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RelatedPartyTransactionsDisclosureTextBlock" xlink:to="us-gaap_RelatedPartyTransactionsDisclosureTextBlock_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RelatedPartyTransactionsDisclosureTextBlock_lbl" xml:lang="en-US"> Transactions with Affiliates </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AdditionalFinancialInformationDisclosureTextBlock" xlink:label="us-gaap_AdditionalFinancialInformationDisclosureTextBlock"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AdditionalFinancialInformationDisclosureTextBlock" xlink:to="us-gaap_AdditionalFinancialInformationDisclosureTextBlock_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AdditionalFinancialInformationDisclosureTextBlock_lbl" xml:lang="en-US"> Financial Highlights </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock" xlink:label="us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock" xlink:to="us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock_lbl" xml:lang="en-US"> Derivative Instruments and Hedging Activities </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_TradingActivitiesAndRelatedRisksTextBlock" xlink:label="frfd_TradingActivitiesAndRelatedRisksTextBlock"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_TradingActivitiesAndRelatedRisksTextBlock" xlink:to="frfd_TradingActivitiesAndRelatedRisksTextBlock_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_TradingActivitiesAndRelatedRisksTextBlock_lbl" xml:lang="en-US"> Trading Activities and Related Risks </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_CommitmentsAndContingenciesDisclosureTextBlock" xlink:label="us-gaap_CommitmentsAndContingenciesDisclosureTextBlock"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommitmentsAndContingenciesDisclosureTextBlock" xlink:to="us-gaap_CommitmentsAndContingenciesDisclosureTextBlock_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CommitmentsAndContingenciesDisclosureTextBlock_lbl" xml:lang="en-US"> Indemnifications and Guarantees noted in Management Discussion and Analysis </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_SubsequentEventsTextBlock" xlink:label="us-gaap_SubsequentEventsTextBlock"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SubsequentEventsTextBlock" xlink:to="us-gaap_SubsequentEventsTextBlock_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SubsequentEventsTextBlock_lbl" xml:lang="en-US"> Subsequent Events </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_BasisOfAccountingPolicyPolicyTextBlock" xlink:label="us-gaap_BasisOfAccountingPolicyPolicyTextBlock"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_BasisOfAccountingPolicyPolicyTextBlock" xlink:to="us-gaap_BasisOfAccountingPolicyPolicyTextBlock_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_BasisOfAccountingPolicyPolicyTextBlock_lbl" xml:lang="en-US"> Basis of Presentation </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ConsolidationPolicyTextBlock" xlink:label="us-gaap_ConsolidationPolicyTextBlock"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ConsolidationPolicyTextBlock" xlink:to="us-gaap_ConsolidationPolicyTextBlock_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ConsolidationPolicyTextBlock_lbl" xml:lang="en-US"> Consolidation </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_ChangeInConsolidationMethodPolicyTextBlock" xlink:label="frfd_ChangeInConsolidationMethodPolicyTextBlock"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ChangeInConsolidationMethodPolicyTextBlock" xlink:to="frfd_ChangeInConsolidationMethodPolicyTextBlock_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_ChangeInConsolidationMethodPolicyTextBlock_lbl" xml:lang="en-US"> Change in Consolidation Method </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_UseOfEstimates" xlink:label="us-gaap_UseOfEstimates"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_UseOfEstimates" xlink:to="us-gaap_UseOfEstimates_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_UseOfEstimates_lbl" xml:lang="en-US"> Use of Estimates </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_CashAndCashEquivalentsPolicyTextBlock" xlink:label="us-gaap_CashAndCashEquivalentsPolicyTextBlock"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CashAndCashEquivalentsPolicyTextBlock" xlink:to="us-gaap_CashAndCashEquivalentsPolicyTextBlock_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CashAndCashEquivalentsPolicyTextBlock_lbl" xml:lang="en-US"> Cash and Cash Equivalents </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_RevenueRecognitionInterest" xlink:label="us-gaap_RevenueRecognitionInterest"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RevenueRecognitionInterest" xlink:to="us-gaap_RevenueRecognitionInterest_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RevenueRecognitionInterest_lbl" xml:lang="en-US"> Interest Income </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_UsTreasurySecuritiesPolicyTextBlock" xlink:label="frfd_UsTreasurySecuritiesPolicyTextBlock"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_UsTreasurySecuritiesPolicyTextBlock" xlink:to="frfd_UsTreasurySecuritiesPolicyTextBlock_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_UsTreasurySecuritiesPolicyTextBlock_lbl" xml:lang="en-US"> U.S. Treasury Securities </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ReceivablesPolicyTextBlock" xlink:label="us-gaap_ReceivablesPolicyTextBlock"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ReceivablesPolicyTextBlock" xlink:to="us-gaap_ReceivablesPolicyTextBlock_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ReceivablesPolicyTextBlock_lbl" xml:lang="en-US"> Receivable from Futures Commission Merchants </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_InvestmentPolicyTextBlock" xlink:label="us-gaap_InvestmentPolicyTextBlock"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InvestmentPolicyTextBlock" xlink:to="us-gaap_InvestmentPolicyTextBlock_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InvestmentPolicyTextBlock_lbl" xml:lang="en-US"> Investment Transactions </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_PurchaseAndSalesOfPrivateInvestmentCompaniesPolicyTextBlock" xlink:label="frfd_PurchaseAndSalesOfPrivateInvestmentCompaniesPolicyTextBlock"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_PurchaseAndSalesOfPrivateInvestmentCompaniesPolicyTextBlock" xlink:to="frfd_PurchaseAndSalesOfPrivateInvestmentCompaniesPolicyTextBlock_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_PurchaseAndSalesOfPrivateInvestmentCompaniesPolicyTextBlock_lbl" xml:lang="en-US"> Purchase and Sales of Private Investment Companies </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ForeignCurrencyTransactionsAndTranslationsPolicyTextBlock" xlink:label="us-gaap_ForeignCurrencyTransactionsAndTranslationsPolicyTextBlock"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ForeignCurrencyTransactionsAndTranslationsPolicyTextBlock" xlink:to="us-gaap_ForeignCurrencyTransactionsAndTranslationsPolicyTextBlock_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ForeignCurrencyTransactionsAndTranslationsPolicyTextBlock_lbl" xml:lang="en-US"> Foreign Currency Transactions </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_AllocationOfEarningsPolicyTextBlock" xlink:label="frfd_AllocationOfEarningsPolicyTextBlock"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_AllocationOfEarningsPolicyTextBlock" xlink:to="frfd_AllocationOfEarningsPolicyTextBlock_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_AllocationOfEarningsPolicyTextBlock_lbl" xml:lang="en-US"> Allocation of Earnings </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DerivativesPolicyTextBlock" xlink:label="us-gaap_DerivativesPolicyTextBlock"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativesPolicyTextBlock" xlink:to="us-gaap_DerivativesPolicyTextBlock_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DerivativesPolicyTextBlock_lbl" xml:lang="en-US"> Investments and Swaps </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_IncomeTaxPolicyTextBlock" xlink:label="us-gaap_IncomeTaxPolicyTextBlock"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeTaxPolicyTextBlock" xlink:to="us-gaap_IncomeTaxPolicyTextBlock_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncomeTaxPolicyTextBlock_lbl" xml:lang="en-US"> Income Taxes </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_FeesAndExpensesPolicyTextBlock" xlink:label="frfd_FeesAndExpensesPolicyTextBlock"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_FeesAndExpensesPolicyTextBlock" xlink:to="frfd_FeesAndExpensesPolicyTextBlock_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_FeesAndExpensesPolicyTextBlock_lbl" xml:lang="en-US"> Fees and Expenses </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_IncentiveFeeRebatePolicyTextBlock" xlink:label="frfd_IncentiveFeeRebatePolicyTextBlock"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_IncentiveFeeRebatePolicyTextBlock" xlink:to="frfd_IncentiveFeeRebatePolicyTextBlock_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_IncentiveFeeRebatePolicyTextBlock_lbl" xml:lang="en-US"> Incentive Fee (rebate) </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ManagementAndInvestmentAdvisoryFeesPolicy" xlink:label="us-gaap_ManagementAndInvestmentAdvisoryFeesPolicy"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ManagementAndInvestmentAdvisoryFeesPolicy" xlink:to="us-gaap_ManagementAndInvestmentAdvisoryFeesPolicy_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ManagementAndInvestmentAdvisoryFeesPolicy_lbl" xml:lang="en-US"> Service Fees </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_PendingOwnerAdditionsPolicyTextBlock" xlink:label="frfd_PendingOwnerAdditionsPolicyTextBlock"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_PendingOwnerAdditionsPolicyTextBlock" xlink:to="frfd_PendingOwnerAdditionsPolicyTextBlock_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_PendingOwnerAdditionsPolicyTextBlock_lbl" xml:lang="en-US"> Pending Owner Additions </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_OwnerRedemptionsPayablePolicyTextBlock" xlink:label="frfd_OwnerRedemptionsPayablePolicyTextBlock"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_OwnerRedemptionsPayablePolicyTextBlock" xlink:to="frfd_OwnerRedemptionsPayablePolicyTextBlock_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="frfd_OwnerRedemptionsPayablePolicyTextBlock_lbl" xml:lang="en-US"> Owner redemptions payable </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock" xlink:label="us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock" xlink:to="us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_lbl" xml:lang="en-US"> Recently Adopted Accounting Pronouncements </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_SubsequentEventsPolicyPolicyTextBlock" xlink:label="us-gaap_SubsequentEventsPolicyPolicyTextBlock"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SubsequentEventsPolicyPolicyTextBlock" xlink:to="us-gaap_SubsequentEventsPolicyPolicyTextBlock_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_SubsequentEventsPolicyPolicyTextBlock_lbl" xml:lang="en-US"> Subsequent Events </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisTextBlock" xlink:label="us-gaap_FairValueAssetsMeasuredOnRecurringBasisTextBlock"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueAssetsMeasuredOnRecurringBasisTextBlock" xlink:to="us-gaap_FairValueAssetsMeasuredOnRecurringBasisTextBlock_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FairValueAssetsMeasuredOnRecurringBasisTextBlock_lbl" xml:lang="en-US"> Schedule of financial asset portfolio measured at fair value </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock" xlink:label="us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock" xlink:to="us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock_lbl" xml:lang="en-US"> Schedule of change in Level 3 assets measured at fair value on recurring basis </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_ScheduleOfUnrealizedDerivativeLossesIncludedInRegulatoryAssetsAndRealizedLossesRecognizedInStatementOfFinancialPerformanceTableTextBlock" xlink:label="frfd_ScheduleOfUnrealizedDerivativeLossesIncludedInRegulatoryAssetsAndRealizedLossesRecognizedInStatementOfFinancialPerformanceTableTextBlock"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ScheduleOfUnrealizedDerivativeLossesIncludedInRegulatoryAssetsAndRealizedLossesRecognizedInStatementOfFinancialPerformanceTableTextBlock" xlink:to="frfd_ScheduleOfUnrealizedDerivativeLossesIncludedInRegulatoryAssetsAndRealizedLossesRecognizedInStatementOfFinancialPerformanceTableTextBlock_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_ScheduleOfUnrealizedDerivativeLossesIncludedInRegulatoryAssetsAndRealizedLossesRecognizedInStatementOfFinancialPerformanceTableTextBlock_lbl" xml:lang="en-US"> Schedule of change in unrealized appreciation (depreciation) </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_ScheduleOfInvestmentInDerivativeSwapTableTextBlock" xlink:label="frfd_ScheduleOfInvestmentInDerivativeSwapTableTextBlock"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ScheduleOfInvestmentInDerivativeSwapTableTextBlock" xlink:to="frfd_ScheduleOfInvestmentInDerivativeSwapTableTextBlock_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_ScheduleOfInvestmentInDerivativeSwapTableTextBlock_lbl" xml:lang="en-US"> Schedule of Investments in following swap </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_InvestmentsInUnconsolidatedTradingCompaniesTableTextBlock" xlink:label="frfd_InvestmentsInUnconsolidatedTradingCompaniesTableTextBlock"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_InvestmentsInUnconsolidatedTradingCompaniesTableTextBlock" xlink:to="frfd_InvestmentsInUnconsolidatedTradingCompaniesTableTextBlock_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_InvestmentsInUnconsolidatedTradingCompaniesTableTextBlock_lbl" xml:lang="en-US"> Schedule of investments in unconsolidated trading companies </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_EquityInEarningsFromUnconsolidatedTradingCompaniesTableTextBlock" xlink:label="frfd_EquityInEarningsFromUnconsolidatedTradingCompaniesTableTextBlock"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_EquityInEarningsFromUnconsolidatedTradingCompaniesTableTextBlock" xlink:to="frfd_EquityInEarningsFromUnconsolidatedTradingCompaniesTableTextBlock_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_EquityInEarningsFromUnconsolidatedTradingCompaniesTableTextBlock_lbl" xml:lang="en-US"> Schedule of equity in earnings from unconsolidated trading companies and private investment companies </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_ScheduleOfEarningsFromEachOfPrivateInvestmentCompaniesTableTextBlock" xlink:label="frfd_ScheduleOfEarningsFromEachOfPrivateInvestmentCompaniesTableTextBlock"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ScheduleOfEarningsFromEachOfPrivateInvestmentCompaniesTableTextBlock" xlink:to="frfd_ScheduleOfEarningsFromEachOfPrivateInvestmentCompaniesTableTextBlock_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_ScheduleOfEarningsFromEachOfPrivateInvestmentCompaniesTableTextBlock_lbl" xml:lang="en-US"> Schedule of earnings from each of the private investment companies </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_SummarizedBalanceSheetAndIncomeStatementForUnconsolidatedInvestmentsTableTextBlock" xlink:label="frfd_SummarizedBalanceSheetAndIncomeStatementForUnconsolidatedInvestmentsTableTextBlock"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_SummarizedBalanceSheetAndIncomeStatementForUnconsolidatedInvestmentsTableTextBlock" xlink:to="frfd_SummarizedBalanceSheetAndIncomeStatementForUnconsolidatedInvestmentsTableTextBlock_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_SummarizedBalanceSheetAndIncomeStatementForUnconsolidatedInvestmentsTableTextBlock_lbl" xml:lang="en-US"> Schedule of private investment companies have certain redemption and liquidity restrictions </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_ScheduleOfFeesEarnedByManagingOwnerTableTextBlock" xlink:label="frfd_ScheduleOfFeesEarnedByManagingOwnerTableTextBlock"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ScheduleOfFeesEarnedByManagingOwnerTableTextBlock" xlink:to="frfd_ScheduleOfFeesEarnedByManagingOwnerTableTextBlock_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_ScheduleOfFeesEarnedByManagingOwnerTableTextBlock_lbl" xml:lang="en-US"> Schedule of fees earned by managing owner </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_ScheduleOfFeesPayableToManagingOwnerTableTextBlock" xlink:label="frfd_ScheduleOfFeesPayableToManagingOwnerTableTextBlock"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ScheduleOfFeesPayableToManagingOwnerTableTextBlock" xlink:to="frfd_ScheduleOfFeesPayableToManagingOwnerTableTextBlock_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_ScheduleOfFeesPayableToManagingOwnerTableTextBlock_lbl" xml:lang="en-US"> Schedule of fees payable to managing owner </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_ScheduleOfEquityBalancesTableTextBlock" xlink:label="frfd_ScheduleOfEquityBalancesTableTextBlock"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ScheduleOfEquityBalancesTableTextBlock" xlink:to="frfd_ScheduleOfEquityBalancesTableTextBlock_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_ScheduleOfEquityBalancesTableTextBlock_lbl" xml:lang="en-US"> Schedule of interest paid by each series to managing owner </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_ScheduleOfFinancialHighlightsOfTrustTableTextBlock" xlink:label="frfd_ScheduleOfFinancialHighlightsOfTrustTableTextBlock"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ScheduleOfFinancialHighlightsOfTrustTableTextBlock" xlink:to="frfd_ScheduleOfFinancialHighlightsOfTrustTableTextBlock_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_ScheduleOfFinancialHighlightsOfTrustTableTextBlock_lbl" xml:lang="en-US"> Schedule of financial highlights of trust </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_ScheduleOfMonthlyAveragesOfFuturesContractsTableTextBlock" xlink:label="frfd_ScheduleOfMonthlyAveragesOfFuturesContractsTableTextBlock"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ScheduleOfMonthlyAveragesOfFuturesContractsTableTextBlock" xlink:to="frfd_ScheduleOfMonthlyAveragesOfFuturesContractsTableTextBlock_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_ScheduleOfMonthlyAveragesOfFuturesContractsTableTextBlock_lbl" xml:lang="en-US"> Schedule of averages futures contracts </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceTextBlock" xlink:label="us-gaap_ScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceTextBlock"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceTextBlock" xlink:to="us-gaap_ScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceTextBlock_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceTextBlock_lbl" xml:lang="en-US"> Schedule of realized trading revenue from futures, forwards and options </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_ScheduleOfNetTradingGainLossTableTextBlock" xlink:label="frfd_ScheduleOfNetTradingGainLossTableTextBlock"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ScheduleOfNetTradingGainLossTableTextBlock" xlink:to="frfd_ScheduleOfNetTradingGainLossTableTextBlock_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_ScheduleOfNetTradingGainLossTableTextBlock_lbl" xml:lang="en-US"> Schedule of net trading gain loss </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_ScheduleOfOffsettingDerivativesFinancialAssetsAndFinancialLiabilitiesTableTextBlock" xlink:label="frfd_ScheduleOfOffsettingDerivativesFinancialAssetsAndFinancialLiabilitiesTableTextBlock"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ScheduleOfOffsettingDerivativesFinancialAssetsAndFinancialLiabilitiesTableTextBlock" xlink:to="frfd_ScheduleOfOffsettingDerivativesFinancialAssetsAndFinancialLiabilitiesTableTextBlock_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_ScheduleOfOffsettingDerivativesFinancialAssetsAndFinancialLiabilitiesTableTextBlock_lbl" xml:lang="en-US"> Schedule of gross and net information about the Trust's assets and liabilities </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="srt_RangeAxis" xlink:to="srt_RangeAxis_2_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="srt_RangeAxis_2_lbl" xml:lang="en-US"> Statistical Measurement [Axis] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_OrganizationAndPurposeSeriesOfFrontierFundsTextualAbstract" xlink:label="frfd_OrganizationAndPurposeSeriesOfFrontierFundsTextualAbstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_OrganizationAndPurposeSeriesOfFrontierFundsTextualAbstract" xlink:to="frfd_OrganizationAndPurposeSeriesOfFrontierFundsTextualAbstract_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_OrganizationAndPurposeSeriesOfFrontierFundsTextualAbstract_lbl" xml:lang="en-US"> Organization and Purpose (Textual) </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_ManagingOwnerContributionInCapitalProfitAndLossesOfAllSeries" xlink:label="frfd_ManagingOwnerContributionInCapitalProfitAndLossesOfAllSeries"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ManagingOwnerContributionInCapitalProfitAndLossesOfAllSeries" xlink:to="frfd_ManagingOwnerContributionInCapitalProfitAndLossesOfAllSeries_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_ManagingOwnerContributionInCapitalProfitAndLossesOfAllSeries_lbl" xml:lang="en-US"> Managing owner contributions to the series of the trust percentage </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_InitialServiceFeesAmortizedMonthlyAnnualRateMaximum" xlink:label="frfd_InitialServiceFeesAmortizedMonthlyAnnualRateMaximum"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_InitialServiceFeesAmortizedMonthlyAnnualRateMaximum" xlink:to="frfd_InitialServiceFeesAmortizedMonthlyAnnualRateMaximum_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_InitialServiceFeesAmortizedMonthlyAnnualRateMaximum_lbl" xml:lang="en-US"> Amortized monthly annual rate percentage </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_AggregateInitialAndOngoingServiceFeesRatepercentage" xlink:label="frfd_AggregateInitialAndOngoingServiceFeesRatepercentage"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_AggregateInitialAndOngoingServiceFeesRatepercentage" xlink:to="frfd_AggregateInitialAndOngoingServiceFeesRatepercentage_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_AggregateInitialAndOngoingServiceFeesRatepercentage_lbl" xml:lang="en-US"> Aggregate initial and ongoing service fees </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_ManagingOwnerPaysOngoingServiceFeeToSellingAgentMaximum" xlink:label="frfd_ManagingOwnerPaysOngoingServiceFeeToSellingAgentMaximum"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ManagingOwnerPaysOngoingServiceFeeToSellingAgentMaximum" xlink:to="frfd_ManagingOwnerPaysOngoingServiceFeeToSellingAgentMaximum_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_ManagingOwnerPaysOngoingServiceFeeToSellingAgentMaximum_lbl" xml:lang="en-US"> Service fee percentage </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_PercentageOfEffectiveFeesOnDateOfPurchase" xlink:label="frfd_PercentageOfEffectiveFeesOnDateOfPurchase"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_PercentageOfEffectiveFeesOnDateOfPurchase" xlink:to="frfd_PercentageOfEffectiveFeesOnDateOfPurchase_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_PercentageOfEffectiveFeesOnDateOfPurchase_lbl" xml:lang="en-US"> Redemption fee percentage </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardAwardVestingRightsPercentage" xlink:label="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardAwardVestingRightsPercentage"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardAwardVestingRightsPercentage" xlink:to="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardAwardVestingRightsPercentage_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardAwardVestingRightsPercentage_lbl" xml:lang="en-US"> Aggregate underwriting compensation percentage </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_AssetsInvestedInOneOrMoreTradingCompanies" xlink:label="frfd_AssetsInvestedInOneOrMoreTradingCompanies"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_AssetsInvestedInOneOrMoreTradingCompanies" xlink:to="frfd_AssetsInvestedInOneOrMoreTradingCompanies_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_AssetsInvestedInOneOrMoreTradingCompanies_lbl" xml:lang="en-US"> Assets normally invested in one or more trading companies </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_PercentageOfInvestedAssetsManagesByTradingCompany" xlink:label="frfd_PercentageOfInvestedAssetsManagesByTradingCompany"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_PercentageOfInvestedAssetsManagesByTradingCompany" xlink:to="frfd_PercentageOfInvestedAssetsManagesByTradingCompany_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_PercentageOfInvestedAssetsManagesByTradingCompany_lbl" xml:lang="en-US"> Percentage of invested assets manages by trading company </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_PercentageOfAverageDailyNavChargedAsServiceFees" xlink:label="frfd_PercentageOfAverageDailyNavChargedAsServiceFees"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_PercentageOfAverageDailyNavChargedAsServiceFees" xlink:to="frfd_PercentageOfAverageDailyNavChargedAsServiceFees_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_PercentageOfAverageDailyNavChargedAsServiceFees_lbl" xml:lang="en-US"> Percentage of average daily NAV charged as a service fees </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_PercentageOfNavChargedAsServiceFees" xlink:label="frfd_PercentageOfNavChargedAsServiceFees"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_PercentageOfNavChargedAsServiceFees" xlink:to="frfd_PercentageOfNavChargedAsServiceFees_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_PercentageOfNavChargedAsServiceFees_lbl" xml:lang="en-US"> Percentage of NAV charged as a service fees </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="srt_ParentCompanyMember" xlink:to="srt_ParentCompanyMember_2_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="srt_ParentCompanyMember_2_lbl" xml:lang="en-US"> Frontier Fund [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_OrganizationAndPurposeTextualAbstract" xlink:label="frfd_OrganizationAndPurposeTextualAbstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_OrganizationAndPurposeTextualAbstract" xlink:to="frfd_OrganizationAndPurposeTextualAbstract_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="frfd_OrganizationAndPurposeTextualAbstract_lbl" xml:lang="en-US"> Organization and Purpose (Textual) </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_InitialServiceFeesAmortizedMonthlyAnnualRateMaximum" xlink:to="frfd_InitialServiceFeesAmortizedMonthlyAnnualRateMaximum_2_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="frfd_InitialServiceFeesAmortizedMonthlyAnnualRateMaximum_2_lbl" xml:lang="en-US"> Amortized monthly annual rate </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_PortionOfManagingOwnerOngoingServiceFeeChargedToLimitedOwners" xlink:label="frfd_PortionOfManagingOwnerOngoingServiceFeeChargedToLimitedOwners"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_PortionOfManagingOwnerOngoingServiceFeeChargedToLimitedOwners" xlink:to="frfd_PortionOfManagingOwnerOngoingServiceFeeChargedToLimitedOwners_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_PortionOfManagingOwnerOngoingServiceFeeChargedToLimitedOwners_lbl" xml:lang="en-US"> Service fee charged to limited owners </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_PercentageOfAssetsInvestedInSuchTradingCompany" xlink:label="frfd_PercentageOfAssetsInvestedInSuchTradingCompany"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_PercentageOfAssetsInvestedInSuchTradingCompany" xlink:to="frfd_PercentageOfAssetsInvestedInSuchTradingCompany_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_PercentageOfAssetsInvestedInSuchTradingCompany_lbl" xml:lang="en-US"> Percentage of assets invested in such trading company </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_DelawareStatutoryTrustExpireDate" xlink:label="frfd_DelawareStatutoryTrustExpireDate"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_DelawareStatutoryTrustExpireDate" xlink:to="frfd_DelawareStatutoryTrustExpireDate_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_DelawareStatutoryTrustExpireDate_lbl" xml:lang="en-US"> Delaware statutory trust expire date </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_SignificantAccountingPoliciesSeriesOfFrontierFundsTextualAbstract" xlink:label="frfd_SignificantAccountingPoliciesSeriesOfFrontierFundsTextualAbstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_SignificantAccountingPoliciesSeriesOfFrontierFundsTextualAbstract" xlink:to="frfd_SignificantAccountingPoliciesSeriesOfFrontierFundsTextualAbstract_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_SignificantAccountingPoliciesSeriesOfFrontierFundsTextualAbstract_lbl" xml:lang="en-US"> Significant Accounting Policies (Textual) </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_AggregateInterestIncomePercentage" xlink:label="frfd_AggregateInterestIncomePercentage"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_AggregateInterestIncomePercentage" xlink:to="frfd_AggregateInterestIncomePercentage_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_AggregateInterestIncomePercentage_lbl" xml:lang="en-US"> Aggregate interest income percentage </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_EquityMethodInvestmentOwnershipPercentage" xlink:label="us-gaap_EquityMethodInvestmentOwnershipPercentage"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EquityMethodInvestmentOwnershipPercentage" xlink:to="us-gaap_EquityMethodInvestmentOwnershipPercentage_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_EquityMethodInvestmentOwnershipPercentage_lbl" xml:lang="en-US"> Managing owner percentage </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_RestrictedCash" xlink:label="us-gaap_RestrictedCash"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RestrictedCash" xlink:to="us-gaap_RestrictedCash_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RestrictedCash_lbl" xml:lang="en-US"> Restricted cash </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_GrossIncomeOfTrustConstitutesQualifyingIncome" xlink:label="frfd_GrossIncomeOfTrustConstitutesQualifyingIncome"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_GrossIncomeOfTrustConstitutesQualifyingIncome" xlink:to="frfd_GrossIncomeOfTrustConstitutesQualifyingIncome_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_GrossIncomeOfTrustConstitutesQualifyingIncome_lbl" xml:lang="en-US"> Gross income of the Trust constitutes qualifying income </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_InvestmentCompanyTotalReturnBeforeIncentiveFees" xlink:label="us-gaap_InvestmentCompanyTotalReturnBeforeIncentiveFees"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InvestmentCompanyTotalReturnBeforeIncentiveFees" xlink:to="us-gaap_InvestmentCompanyTotalReturnBeforeIncentiveFees_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InvestmentCompanyTotalReturnBeforeIncentiveFees_lbl" xml:lang="en-US"> Incentive fees percentage </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_IncentiveFeeDescription" xlink:label="us-gaap_IncentiveFeeDescription"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncentiveFeeDescription" xlink:to="us-gaap_IncentiveFeeDescription_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncentiveFeeDescription_lbl" xml:lang="en-US"> Incentive fee, description </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_AdvanceForServiceFee" xlink:label="frfd_AdvanceForServiceFee"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_AdvanceForServiceFee" xlink:to="frfd_AdvanceForServiceFee_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_AdvanceForServiceFee_lbl" xml:lang="en-US"> Advance for service fee </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_SignificantAccountingPoliciesTextualAbstract" xlink:label="frfd_SignificantAccountingPoliciesTextualAbstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_SignificantAccountingPoliciesTextualAbstract" xlink:to="frfd_SignificantAccountingPoliciesTextualAbstract_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="frfd_SignificantAccountingPoliciesTextualAbstract_lbl" xml:lang="en-US"> Significant Accounting Policies (Textual) </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_PercentageOfInterestIncomePaymentToManagingOwner" xlink:label="frfd_PercentageOfInterestIncomePaymentToManagingOwner"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_PercentageOfInterestIncomePaymentToManagingOwner" xlink:to="frfd_PercentageOfInterestIncomePaymentToManagingOwner_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_PercentageOfInterestIncomePaymentToManagingOwner_lbl" xml:lang="en-US"> Aggregate interest income from all sources, including assets held at clearing brokers is paid to the Managing Owner </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_SubscriptionsinAdvance" xlink:label="frfd_SubscriptionsinAdvance"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_SubscriptionsinAdvance" xlink:to="frfd_SubscriptionsinAdvance_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_SubscriptionsinAdvance_lbl" xml:lang="en-US"> Subscriptions in advance </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_WintonFundMember" xlink:to="frfd_WintonFundMember_2_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="frfd_WintonFundMember_2_lbl" xml:lang="en-US"> Frontier Global Fund [Member] </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_SeriesOfFrontierFundsMember" xlink:to="frfd_SeriesOfFrontierFundsMember_2_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="frfd_SeriesOfFrontierFundsMember_2_lbl" xml:lang="en-US"> The Series of the Frontier Funds [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVenturesFairValueDisclosure" xlink:label="us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVenturesFairValueDisclosure"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVenturesFairValueDisclosure" xlink:to="us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVenturesFairValueDisclosure_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVenturesFairValueDisclosure_lbl" xml:lang="en-US"> Investment in Unconsolidated Trading Companies </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_OpenTradeEquityDeficit" xlink:label="frfd_OpenTradeEquityDeficit"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_OpenTradeEquityDeficit" xlink:to="frfd_OpenTradeEquityDeficit_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_OpenTradeEquityDeficit_lbl" xml:lang="en-US"> Open Trade Equity (Deficit) </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_SwapContracts" xlink:to="frfd_SwapContracts_2_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="frfd_SwapContracts_2_lbl" xml:lang="en-US"> Swap Contracts </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FinancialInstrumentsOwnedUSGovernmentAndAgencyObligationsAtFairValue" xlink:to="us-gaap_FinancialInstrumentsOwnedUSGovernmentAndAgencyObligationsAtFairValue_2_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_FinancialInstrumentsOwnedUSGovernmentAndAgencyObligationsAtFairValue_2_lbl" xml:lang="en-US"> U.S. Treasury Securities </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue" xlink:label="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue" xlink:to="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue_lbl" xml:lang="en-US"> Beginning, Balance of recurring Level 3 assets </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_TotalGainsOrLossesRealizedunrealizedAbstract" xlink:label="frfd_TotalGainsOrLossesRealizedunrealizedAbstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_TotalGainsOrLossesRealizedunrealizedAbstract" xlink:to="frfd_TotalGainsOrLossesRealizedunrealizedAbstract_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_TotalGainsOrLossesRealizedunrealizedAbstract_lbl" xml:lang="en-US"> Total gains or losses (realized/unrealized): </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarningsRealized" xlink:label="frfd_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarningsRealized"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarningsRealized" xlink:to="frfd_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarningsRealized_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarningsRealized_lbl" xml:lang="en-US"> Included in earnings-realized </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarningsUnrealized" xlink:label="frfd_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarningsUnrealized"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarningsUnrealized" xlink:to="frfd_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarningsUnrealized_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="frfd_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarningsUnrealized_lbl" xml:lang="en-US"> Included in earnings-unrealized </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_ProceedsFromCollateralReduction" xlink:label="frfd_ProceedsFromCollateralReduction"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ProceedsFromCollateralReduction" xlink:to="frfd_ProceedsFromCollateralReduction_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_ProceedsFromCollateralReduction_lbl" xml:lang="en-US"> Proceeds from collateral reduction </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_PurchaseOfInvestments" xlink:label="frfd_PurchaseOfInvestments"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_PurchaseOfInvestments" xlink:to="frfd_PurchaseOfInvestments_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_PurchaseOfInvestments_lbl" xml:lang="en-US"> Purchase of investments </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_ChangeInFairValueOfInvestmentsInUnconsolidatedTradingCompanies" xlink:label="frfd_ChangeInFairValueOfInvestmentsInUnconsolidatedTradingCompanies"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ChangeInFairValueOfInvestmentsInUnconsolidatedTradingCompanies" xlink:to="frfd_ChangeInFairValueOfInvestmentsInUnconsolidatedTradingCompanies_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="frfd_ChangeInFairValueOfInvestmentsInUnconsolidatedTradingCompanies_lbl" xml:lang="en-US"> Change in fair value of investments in unconsolidated trading companies </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_ProceedsFromSalesOfInvestmentsOfUnconsolidatedTradingCompanies" xlink:label="frfd_ProceedsFromSalesOfInvestmentsOfUnconsolidatedTradingCompanies"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ProceedsFromSalesOfInvestmentsOfUnconsolidatedTradingCompanies" xlink:to="frfd_ProceedsFromSalesOfInvestmentsOfUnconsolidatedTradingCompanies_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_ProceedsFromSalesOfInvestmentsOfUnconsolidatedTradingCompanies_lbl" xml:lang="en-US"> Proceeds from sales of investments of unconsolidated trading companies </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_PurchasesOfInvestmentsOfUnconsolidatedTradingCompanies" xlink:label="frfd_PurchasesOfInvestmentsOfUnconsolidatedTradingCompanies"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_PurchasesOfInvestmentsOfUnconsolidatedTradingCompanies" xlink:to="frfd_PurchasesOfInvestmentsOfUnconsolidatedTradingCompanies_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_PurchasesOfInvestmentsOfUnconsolidatedTradingCompanies_lbl" xml:lang="en-US"> Purchases of investments of unconsolidated trading companies </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisChangeInOwnershipAllocation" xlink:label="frfd_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisChangeInOwnershipAllocation"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisChangeInOwnershipAllocation" xlink:to="frfd_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisChangeInOwnershipAllocation_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="frfd_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisChangeInOwnershipAllocation_lbl" xml:lang="en-US"> Change in ownership allocation </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_FairValueMeasurementsWithTransfersInOut" xlink:label="frfd_FairValueMeasurementsWithTransfersInOut"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_FairValueMeasurementsWithTransfersInOut" xlink:to="frfd_FairValueMeasurementsWithTransfersInOut_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_FairValueMeasurementsWithTransfersInOut_lbl" xml:lang="en-US"> Transfers in and/or out of Level 3 </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue" xlink:to="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue_2_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue_2_lbl" xml:lang="en-US"> Ending, Balance of recurring Level 3 assets </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SwapMember" xlink:to="us-gaap_SwapMember_2_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_SwapMember_2_lbl" xml:lang="en-US"> Swap Contracts [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss" xlink:label="us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss" xlink:to="us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss_lbl" xml:lang="en-US"> Total change in unrealized appreciation (depreciation) </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_RealizedAndUnrealizedgainlossonInvestmentsAbstract" xlink:label="frfd_RealizedAndUnrealizedgainlossonInvestmentsAbstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_RealizedAndUnrealizedgainlossonInvestmentsAbstract" xlink:to="frfd_RealizedAndUnrealizedgainlossonInvestmentsAbstract_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="frfd_RealizedAndUnrealizedgainlossonInvestmentsAbstract_lbl" xml:lang="en-US"> Total gains or losses (realized/unrealized): </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_PaymentsToAcquireInvestments" xlink:label="us-gaap_PaymentsToAcquireInvestments"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PaymentsToAcquireInvestments" xlink:to="us-gaap_PaymentsToAcquireInvestments_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PaymentsToAcquireInvestments_lbl" xml:lang="en-US"> Purchase/(sale) of investments </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ProceedsFromSaleMaturityAndCollectionsOfInvestments" xlink:label="us-gaap_ProceedsFromSaleMaturityAndCollectionsOfInvestments"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProceedsFromSaleMaturityAndCollectionsOfInvestments" xlink:to="us-gaap_ProceedsFromSaleMaturityAndCollectionsOfInvestments_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ProceedsFromSaleMaturityAndCollectionsOfInvestments_lbl" xml:lang="en-US"> Sale of investments </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_FairValueMeasuredOnRecurringBasisTransfersInAndorOut" xlink:label="frfd_FairValueMeasuredOnRecurringBasisTransfersInAndorOut"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_FairValueMeasuredOnRecurringBasisTransfersInAndorOut" xlink:to="frfd_FairValueMeasuredOnRecurringBasisTransfersInAndorOut_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="frfd_FairValueMeasuredOnRecurringBasisTransfersInAndorOut_lbl" xml:lang="en-US"> Transfers in and/or out of Level 3 </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="srt_CounterpartyNameAxis" xlink:to="srt_CounterpartyNameAxis_2_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="srt_CounterpartyNameAxis_2_lbl" xml:lang="en-US"> Counterparty Name [Axis] </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DerivativeNotionalAmount" xlink:label="us-gaap_DerivativeNotionalAmount"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativeNotionalAmount" xlink:to="us-gaap_DerivativeNotionalAmount_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DerivativeNotionalAmount_lbl" xml:lang="en-US"> Notional Amount </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DerivativeMaturityDates" xlink:label="us-gaap_DerivativeMaturityDates"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativeMaturityDates" xlink:to="us-gaap_DerivativeMaturityDates_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DerivativeMaturityDates_lbl" xml:lang="en-US"> Termination Date </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DerivativeCollateralObligationToReturnCash" xlink:label="us-gaap_DerivativeCollateralObligationToReturnCash"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativeCollateralObligationToReturnCash" xlink:to="us-gaap_DerivativeCollateralObligationToReturnCash_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DerivativeCollateralObligationToReturnCash_lbl" xml:lang="en-US"> Cash Collateral </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DerivativeAmountOfHedgedItem" xlink:label="us-gaap_DerivativeAmountOfHedgedItem"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativeAmountOfHedgedItem" xlink:to="us-gaap_DerivativeAmountOfHedgedItem_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DerivativeAmountOfHedgedItem_lbl" xml:lang="en-US"> Swap Value </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_InvesteeReturns" xlink:label="frfd_InvesteeReturns"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_InvesteeReturns" xlink:to="frfd_InvesteeReturns_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_InvesteeReturns_lbl" xml:lang="en-US"> Investee Returns </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AvailableForSaleSecuritiesGrossRealizedGainLossNet" xlink:label="us-gaap_AvailableForSaleSecuritiesGrossRealizedGainLossNet"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AvailableForSaleSecuritiesGrossRealizedGainLossNet" xlink:to="us-gaap_AvailableForSaleSecuritiesGrossRealizedGainLossNet_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AvailableForSaleSecuritiesGrossRealizedGainLossNet_lbl" xml:lang="en-US"> Realized Gain/(Loss) </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax" xlink:label="us-gaap_OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax" xlink:to="us-gaap_OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax_lbl" xml:lang="en-US"> Change in Unrealized Gain/(Loss) </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DerivativeAssetsLiabilitiesAtFairValueNet" xlink:label="us-gaap_DerivativeAssetsLiabilitiesAtFairValueNet"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativeAssetsLiabilitiesAtFairValueNet" xlink:to="us-gaap_DerivativeAssetsLiabilitiesAtFairValueNet_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DerivativeAssetsLiabilitiesAtFairValueNet_lbl" xml:lang="en-US"> Fair Value </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_AdvanceOnSwapAppreciation1" xlink:label="frfd_AdvanceOnSwapAppreciation1"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_AdvanceOnSwapAppreciation1" xlink:to="frfd_AdvanceOnSwapAppreciation1_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_AdvanceOnSwapAppreciation1_lbl" xml:lang="en-US"> Advance on swap appreciation </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_SwapContractsSeriesOfFrontierFundsTextualAbstract" xlink:label="frfd_SwapContractsSeriesOfFrontierFundsTextualAbstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_SwapContractsSeriesOfFrontierFundsTextualAbstract" xlink:to="frfd_SwapContractsSeriesOfFrontierFundsTextualAbstract_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_SwapContractsSeriesOfFrontierFundsTextualAbstract_lbl" xml:lang="en-US"> Swap Contracts (The Series of the Frontier Funds) (Textual) </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_PercentageOfTrustsAssetsWereDepositedWithOverthecounterCounterparties" xlink:label="frfd_PercentageOfTrustsAssetsWereDepositedWithOverthecounterCounterparties"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_PercentageOfTrustsAssetsWereDepositedWithOverthecounterCounterparties" xlink:to="frfd_PercentageOfTrustsAssetsWereDepositedWithOverthecounterCounterparties_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_PercentageOfTrustsAssetsWereDepositedWithOverthecounterCounterparties_lbl" xml:lang="en-US"> Percentage of trust's assets were deposited with over-the-counter counterparties </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_CashHoldingShallBeInExcessAmount" xlink:label="frfd_CashHoldingShallBeInExcessAmount"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_CashHoldingShallBeInExcessAmount" xlink:to="frfd_CashHoldingShallBeInExcessAmount_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_CashHoldingShallBeInExcessAmount_lbl" xml:lang="en-US"> Cash holding shall be in excess amount </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_PercentageOfIndexExposureTotal" xlink:label="frfd_PercentageOfIndexExposureTotal"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_PercentageOfIndexExposureTotal" xlink:to="frfd_PercentageOfIndexExposureTotal_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_PercentageOfIndexExposureTotal_lbl" xml:lang="en-US"> Percentage of index exposure total </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_CounterpartyAbstract" xlink:label="frfd_CounterpartyAbstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_CounterpartyAbstract" xlink:to="frfd_CounterpartyAbstract_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_CounterpartyAbstract_lbl" xml:lang="en-US"> Counterparty </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_SwapsContractsFrontierFundsTextualAbstract" xlink:label="frfd_SwapsContractsFrontierFundsTextualAbstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_SwapsContractsFrontierFundsTextualAbstract" xlink:to="frfd_SwapsContractsFrontierFundsTextualAbstract_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_SwapsContractsFrontierFundsTextualAbstract_lbl" xml:lang="en-US"> Swaps Contracts (Textual) </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_DescriptionOfDepositsAssets" xlink:label="frfd_DescriptionOfDepositsAssets"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_DescriptionOfDepositsAssets" xlink:to="frfd_DescriptionOfDepositsAssets_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_DescriptionOfDepositsAssets_lbl" xml:lang="en-US"> Description of deposits assets </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_FrontierTradingCompaniesIIAndXXXVIIIMember" xlink:to="frfd_FrontierTradingCompaniesIIAndXXXVIIIMember_2_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="frfd_FrontierTradingCompaniesIIAndXXXVIIIMember_2_lbl" xml:lang="en-US"> Frontier Trading XXXVIII [Member] </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InvestmentOwnedPercentOfNetAssets" xlink:to="us-gaap_InvestmentOwnedPercentOfNetAssets_2_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_InvestmentOwnedPercentOfNetAssets_2_lbl" xml:lang="en-US"> Percentage of Series Total Capital Invested in Unconsolidated Trading Companies </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures" xlink:to="us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures_2_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures_2_lbl" xml:lang="en-US"> Fair Value </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_TradingCommissions" xlink:label="frfd_TradingCommissions"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_TradingCommissions" xlink:to="frfd_TradingCommissions_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_TradingCommissions_lbl" xml:lang="en-US"> Trading Commissions </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DebtSecuritiesRealizedGainLoss" xlink:label="us-gaap_DebtSecuritiesRealizedGainLoss"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtSecuritiesRealizedGainLoss" xlink:to="us-gaap_DebtSecuritiesRealizedGainLoss_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_DebtSecuritiesRealizedGainLoss_lbl" xml:lang="en-US"> Realized Gain/(Loss) </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_UnrealizedGainLossOnInvestments" xlink:label="us-gaap_UnrealizedGainLossOnInvestments"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_UnrealizedGainLossOnInvestments" xlink:to="us-gaap_UnrealizedGainLossOnInvestments_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_UnrealizedGainLossOnInvestments_lbl" xml:lang="en-US"> Change in Unrealized Gain/(Loss) </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments" xlink:label="us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments" xlink:to="us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments_lbl" xml:lang="en-US"> Net Income (Loss) </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_RedemptionsNoticePeriod" xlink:label="frfd_RedemptionsNoticePeriod"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_RedemptionsNoticePeriod" xlink:to="frfd_RedemptionsNoticePeriod_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_RedemptionsNoticePeriod_lbl" xml:lang="en-US"> Redemptions Notice Period </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_RedemptionsPermitted" xlink:label="frfd_RedemptionsPermitted"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_RedemptionsPermitted" xlink:to="frfd_RedemptionsPermitted_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_RedemptionsPermitted_lbl" xml:lang="en-US"> Redemptions Permitted </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_LiquidityRestrictions" xlink:label="frfd_LiquidityRestrictions"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_LiquidityRestrictions" xlink:to="frfd_LiquidityRestrictions_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_LiquidityRestrictions_lbl" xml:lang="en-US"> Liquidity Restrictions </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NoninterestExpenseCommissionExpense" xlink:to="us-gaap_NoninterestExpenseCommissionExpense_2_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:label="us-gaap_NoninterestExpenseCommissionExpense_2_lbl" xml:lang="en-US"> Trading Commissions </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_IncentiveFeeExpense" xlink:label="us-gaap_IncentiveFeeExpense"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncentiveFeeExpense" xlink:to="us-gaap_IncentiveFeeExpense_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_IncentiveFeeExpense_lbl" xml:lang="en-US"> Incentive (Rebate) Fees </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ManagementFeeExpense" xlink:to="us-gaap_ManagementFeeExpense_2_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ManagementFeeExpense_2_lbl" xml:lang="en-US"> Management Fee </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ExpenseRelatedToDistributionOrServicingAndUnderwritingFees" xlink:to="us-gaap_ExpenseRelatedToDistributionOrServicingAndUnderwritingFees_2_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ExpenseRelatedToDistributionOrServicingAndUnderwritingFees_2_lbl" xml:lang="en-US"> Service Fee </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_TradingFee" xlink:label="frfd_TradingFee"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_TradingFee" xlink:to="frfd_TradingFee_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_TradingFee_lbl" xml:lang="en-US"> Trading Fee </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_IncentiveFeesPayable" xlink:label="frfd_IncentiveFeesPayable"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_IncentiveFeesPayable" xlink:to="frfd_IncentiveFeesPayable_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_IncentiveFeesPayable_lbl" xml:lang="en-US"> Incentive Fees </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ManagementFeePayable" xlink:label="us-gaap_ManagementFeePayable"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ManagementFeePayable" xlink:to="us-gaap_ManagementFeePayable_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ManagementFeePayable_lbl" xml:lang="en-US"> Management Fees </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_InterestFeesPayable" xlink:label="frfd_InterestFeesPayable"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_InterestFeesPayable" xlink:to="frfd_InterestFeesPayable_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_InterestFeesPayable_lbl" xml:lang="en-US"> Interest Fees </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_ServiceFeesPayable" xlink:label="frfd_ServiceFeesPayable"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ServiceFeesPayable" xlink:to="frfd_ServiceFeesPayable_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="frfd_ServiceFeesPayable_lbl" xml:lang="en-US"> Service Fees </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_TradingFeesPayable" xlink:label="frfd_TradingFeesPayable"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_TradingFeesPayable" xlink:to="frfd_TradingFeesPayable_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_TradingFeesPayable_lbl" xml:lang="en-US"> Trading Fees Payable </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_InterestIncomePaymentToManagingOwner" xlink:label="frfd_InterestIncomePaymentToManagingOwner"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_InterestIncomePaymentToManagingOwner" xlink:to="frfd_InterestIncomePaymentToManagingOwner_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_InterestIncomePaymentToManagingOwner_lbl" xml:lang="en-US"> Gross Amount Paid to the Managing Owner </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_RatioOfReturnToAverageNetAssets" xlink:label="frfd_RatioOfReturnToAverageNetAssets"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_RatioOfReturnToAverageNetAssets" xlink:to="frfd_RatioOfReturnToAverageNetAssets_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_RatioOfReturnToAverageNetAssets_lbl" xml:lang="en-US"> Ratio to Average Net Assets </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_TransactionsWithAffiliatesSeriesOfFrontierFundsTextualAbstract" xlink:label="frfd_TransactionsWithAffiliatesSeriesOfFrontierFundsTextualAbstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_TransactionsWithAffiliatesSeriesOfFrontierFundsTextualAbstract" xlink:to="frfd_TransactionsWithAffiliatesSeriesOfFrontierFundsTextualAbstract_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_TransactionsWithAffiliatesSeriesOfFrontierFundsTextualAbstract_lbl" xml:lang="en-US"> Transactions with Affiliates (Textual) </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_PercentageOfMinimumPurchaseCommitment" xlink:label="frfd_PercentageOfMinimumPurchaseCommitment"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_PercentageOfMinimumPurchaseCommitment" xlink:to="frfd_PercentageOfMinimumPurchaseCommitment_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_PercentageOfMinimumPurchaseCommitment_lbl" xml:lang="en-US"> Percentage of minimum purchase commitment </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_PercentageOfContributesFundsToTrust" xlink:label="frfd_PercentageOfContributesFundsToTrust"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_PercentageOfContributesFundsToTrust" xlink:to="frfd_PercentageOfContributesFundsToTrust_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_PercentageOfContributesFundsToTrust_lbl" xml:lang="en-US"> Percentage of contributes funds to trust </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_PercentageOfOwnershipInterest" xlink:label="frfd_PercentageOfOwnershipInterest"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_PercentageOfOwnershipInterest" xlink:to="frfd_PercentageOfOwnershipInterest_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_PercentageOfOwnershipInterest_lbl" xml:lang="en-US"> Percentage of interest </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_PercentageOfInterestInSpecificSeries" xlink:label="frfd_PercentageOfInterestInSpecificSeries"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_PercentageOfInterestInSpecificSeries" xlink:to="frfd_PercentageOfInterestInSpecificSeries_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_PercentageOfInterestInSpecificSeries_lbl" xml:lang="en-US"> Percentage of interest in specific series of trust </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_PercentageOfManagementFee" xlink:label="frfd_PercentageOfManagementFee"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_PercentageOfManagementFee" xlink:to="frfd_PercentageOfManagementFee_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_PercentageOfManagementFee_lbl" xml:lang="en-US"> Percentage of management fee </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_PercentageOfFcmFee" xlink:label="frfd_PercentageOfFcmFee"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_PercentageOfFcmFee" xlink:to="frfd_PercentageOfFcmFee_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_PercentageOfFcmFee_lbl" xml:lang="en-US"> Percentage of FCM fee </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_DescriptionOfIncentiveFeePercentage" xlink:label="frfd_DescriptionOfIncentiveFeePercentage"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_DescriptionOfIncentiveFeePercentage" xlink:to="frfd_DescriptionOfIncentiveFeePercentage_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_DescriptionOfIncentiveFeePercentage_lbl" xml:lang="en-US"> Description of incentive fee percentage </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_DescriptionOfRangeofIncentiveFeePercentage" xlink:label="frfd_DescriptionOfRangeofIncentiveFeePercentage"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_DescriptionOfRangeofIncentiveFeePercentage" xlink:to="frfd_DescriptionOfRangeofIncentiveFeePercentage_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_DescriptionOfRangeofIncentiveFeePercentage_lbl" xml:lang="en-US"> Description of range of incentive fee percentage </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_DescriptionOfServiceFees" xlink:label="frfd_DescriptionOfServiceFees"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_DescriptionOfServiceFees" xlink:to="frfd_DescriptionOfServiceFees_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_DescriptionOfServiceFees_lbl" xml:lang="en-US"> Description of service fees </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_SubscriptionsinAdvance" xlink:to="frfd_SubscriptionsinAdvance_2_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="frfd_SubscriptionsinAdvance_2_lbl" xml:lang="en-US"> Subscriptions in advance for service fee </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_DescriptionofInterestIncome" xlink:label="frfd_DescriptionofInterestIncome"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_DescriptionofInterestIncome" xlink:to="frfd_DescriptionofInterestIncome_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_DescriptionofInterestIncome_lbl" xml:lang="en-US"> Description of interest income </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_PrepaidInitialServiceFees" xlink:label="frfd_PrepaidInitialServiceFees"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_PrepaidInitialServiceFees" xlink:to="frfd_PrepaidInitialServiceFees_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_PrepaidInitialServiceFees_lbl" xml:lang="en-US"> Prepaid initial service fees </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_TransactionsWithAffiliatesFrontierFundsTextualAbstract" xlink:label="frfd_TransactionsWithAffiliatesFrontierFundsTextualAbstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_TransactionsWithAffiliatesFrontierFundsTextualAbstract" xlink:to="frfd_TransactionsWithAffiliatesFrontierFundsTextualAbstract_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_TransactionsWithAffiliatesFrontierFundsTextualAbstract_lbl" xml:lang="en-US"> Transactions with Affiliates (Frontier Funds) (Textual) </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_PercentageOfSeriesNav" xlink:label="frfd_PercentageOfSeriesNav"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_PercentageOfSeriesNav" xlink:to="frfd_PercentageOfSeriesNav_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_PercentageOfSeriesNav_lbl" xml:lang="en-US"> Percentage of series NAV </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_PercentageOfIncentiveFee" xlink:label="frfd_PercentageOfIncentiveFee"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_PercentageOfIncentiveFee" xlink:to="frfd_PercentageOfIncentiveFee_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_PercentageOfIncentiveFee_lbl" xml:lang="en-US"> Percentage of incentive fee </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_PercentageOfServiceFee" xlink:label="frfd_PercentageOfServiceFee"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_PercentageOfServiceFee" xlink:to="frfd_PercentageOfServiceFee_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_PercentageOfServiceFee_lbl" xml:lang="en-US"> Percentage of service fee </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_IncentiveManagementFeesPayableToManagingOwner" xlink:label="frfd_IncentiveManagementFeesPayableToManagingOwner"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_IncentiveManagementFeesPayableToManagingOwner" xlink:to="frfd_IncentiveManagementFeesPayableToManagingOwner_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_IncentiveManagementFeesPayableToManagingOwner_lbl" xml:lang="en-US"> Trust had payable for incentive fees </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ManagementFeesPayableToManagingOwner" xlink:to="frfd_ManagementFeesPayableToManagingOwner_2_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="frfd_ManagementFeesPayableToManagingOwner_2_lbl" xml:lang="en-US"> Trust had payable for management fees </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_TrustHadPayableForInterestFees" xlink:label="frfd_TrustHadPayableForInterestFees"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_TrustHadPayableForInterestFees" xlink:to="frfd_TrustHadPayableForInterestFees_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_TrustHadPayableForInterestFees_lbl" xml:lang="en-US"> Trust had payable for interest fees </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_TrailingServiceFeesPayableToManagingOwner" xlink:label="frfd_TrailingServiceFeesPayableToManagingOwner"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_TrailingServiceFeesPayableToManagingOwner" xlink:to="frfd_TrailingServiceFeesPayableToManagingOwner_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_TrailingServiceFeesPayableToManagingOwner_lbl" xml:lang="en-US"> Trust had payable for service fees </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_TrailingRiskAnalysisFeesPayableToManagingOwner" xlink:label="frfd_TrailingRiskAnalysisFeesPayableToManagingOwner"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_TrailingRiskAnalysisFeesPayableToManagingOwner" xlink:to="frfd_TrailingRiskAnalysisFeesPayableToManagingOwner_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_TrailingRiskAnalysisFeesPayableToManagingOwner_lbl" xml:lang="en-US"> Trust had payable for risk analysis fees </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_TradingFeesPayableToManagingOwner" xlink:to="frfd_TradingFeesPayableToManagingOwner_2_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="frfd_TradingFeesPayableToManagingOwner_2_lbl" xml:lang="en-US"> Trust had payable for trading fees </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncentiveFeeExpense" xlink:to="us-gaap_IncentiveFeeExpense_2_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncentiveFeeExpense_2_lbl" xml:lang="en-US"> Trust paid for incentive fees </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ManagementFeeExpense" xlink:to="us-gaap_ManagementFeeExpense_3_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_ManagementFeeExpense_3_lbl" xml:lang="en-US"> Trust paid for management fees </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_InterestAndFeeIncomeOtherLoans" xlink:label="us-gaap_InterestAndFeeIncomeOtherLoans"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InterestAndFeeIncomeOtherLoans" xlink:to="us-gaap_InterestAndFeeIncomeOtherLoans_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InterestAndFeeIncomeOtherLoans_lbl" xml:lang="en-US"> Trust paid for interest fee </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_ExpenseRelatedToDistributionOrRiskAnalysisFees" xlink:label="frfd_ExpenseRelatedToDistributionOrRiskAnalysisFees"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ExpenseRelatedToDistributionOrRiskAnalysisFees" xlink:to="frfd_ExpenseRelatedToDistributionOrRiskAnalysisFees_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_ExpenseRelatedToDistributionOrRiskAnalysisFees_lbl" xml:lang="en-US"> Trust paid for risk analysis fees </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ExpenseRelatedToDistributionOrServicingAndUnderwritingFees" xlink:to="us-gaap_ExpenseRelatedToDistributionOrServicingAndUnderwritingFees_3_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_ExpenseRelatedToDistributionOrServicingAndUnderwritingFees_3_lbl" xml:lang="en-US"> Trust paid for service fees </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FloorBrokerageExchangeAndClearanceFees" xlink:to="us-gaap_FloorBrokerageExchangeAndClearanceFees_2_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_FloorBrokerageExchangeAndClearanceFees_2_lbl" xml:lang="en-US"> Trust paid for trading fees </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_PercentageOfAggregateInterestIncome" xlink:label="frfd_PercentageOfAggregateInterestIncome"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_PercentageOfAggregateInterestIncome" xlink:to="frfd_PercentageOfAggregateInterestIncome_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_PercentageOfAggregateInterestIncome_lbl" xml:lang="en-US"> Percentage of aggregate interest income </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_PercentageOfInterestIsRetainedByRespectiveSeries" xlink:label="frfd_PercentageOfInterestIsRetainedByRespectiveSeries"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_PercentageOfInterestIsRetainedByRespectiveSeries" xlink:to="frfd_PercentageOfInterestIsRetainedByRespectiveSeries_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_PercentageOfInterestIsRetainedByRespectiveSeries_lbl" xml:lang="en-US"> Percentage of interest is retained by respective series </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_TrustPaidInterestIncomeToManagingOwner" xlink:label="frfd_TrustPaidInterestIncomeToManagingOwner"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_TrustPaidInterestIncomeToManagingOwner" xlink:to="frfd_TrustPaidInterestIncomeToManagingOwner_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_TrustPaidInterestIncomeToManagingOwner_lbl" xml:lang="en-US"> Trust paid </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_SeriesOfFrontierFundsMember" xlink:to="frfd_SeriesOfFrontierFundsMember_3_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="frfd_SeriesOfFrontierFundsMember_3_lbl" xml:lang="en-US"> Series of Frontier Funds [Member] </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_NetAssetValues" xlink:label="frfd_NetAssetValues"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_NetAssetValues" xlink:to="frfd_NetAssetValues_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="frfd_NetAssetValues_lbl" xml:lang="en-US"> Net asset value </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_NetOperatingResultsAbstract" xlink:label="frfd_NetOperatingResultsAbstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_NetOperatingResultsAbstract" xlink:to="frfd_NetOperatingResultsAbstract_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_NetOperatingResultsAbstract_lbl" xml:lang="en-US"> Net operating results: </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_InterestIncomeOperatingPerShare" xlink:label="frfd_InterestIncomeOperatingPerShare"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_InterestIncomeOperatingPerShare" xlink:to="frfd_InterestIncomeOperatingPerShare_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_InterestIncomeOperatingPerShare_lbl" xml:lang="en-US"> Interest income </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_OperatingExpensesPerShare" xlink:label="frfd_OperatingExpensesPerShare"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_OperatingExpensesPerShare" xlink:to="frfd_OperatingExpensesPerShare_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_OperatingExpensesPerShare_lbl" xml:lang="en-US"> Expenses </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_NetGainLossOnInvestmentsNetOfNoncontrollingInterestsPerShare" xlink:label="frfd_NetGainLossOnInvestmentsNetOfNoncontrollingInterestsPerShare"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_NetGainLossOnInvestmentsNetOfNoncontrollingInterestsPerShare" xlink:to="frfd_NetGainLossOnInvestmentsNetOfNoncontrollingInterestsPerShare_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_NetGainLossOnInvestmentsNetOfNoncontrollingInterestsPerShare_lbl" xml:lang="en-US"> Net gain/(loss) on investments, net of non-controlling interests </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_NetIncomeLossPerShare" xlink:label="frfd_NetIncomeLossPerShare"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_NetIncomeLossPerShare" xlink:to="frfd_NetIncomeLossPerShare_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_NetIncomeLossPerShare_lbl" xml:lang="en-US"> Net income/(loss) </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_NetAssetValues" xlink:to="frfd_NetAssetValues_2_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="frfd_NetAssetValues_2_lbl" xml:lang="en-US"> Net asset value </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_RatiosToAverageNetAssetsAbstract" xlink:label="frfd_RatiosToAverageNetAssetsAbstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_RatiosToAverageNetAssetsAbstract" xlink:to="frfd_RatiosToAverageNetAssetsAbstract_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_RatiosToAverageNetAssetsAbstract_lbl" xml:lang="en-US"> Ratios to average net assets </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_NetInvestmentIncomeLossToAverageNetAssets" xlink:label="frfd_NetInvestmentIncomeLossToAverageNetAssets"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_NetInvestmentIncomeLossToAverageNetAssets" xlink:to="frfd_NetInvestmentIncomeLossToAverageNetAssets_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_NetInvestmentIncomeLossToAverageNetAssets_lbl" xml:lang="en-US"> Net investment income/(loss) </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_ExpensesBeforeIncentiveFeesToAverageNetAssets" xlink:label="frfd_ExpensesBeforeIncentiveFeesToAverageNetAssets"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ExpensesBeforeIncentiveFeesToAverageNetAssets" xlink:to="frfd_ExpensesBeforeIncentiveFeesToAverageNetAssets_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_ExpensesBeforeIncentiveFeesToAverageNetAssets_lbl" xml:lang="en-US"> Expenses before incentive fees </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_ExpensesAfterIncentiveFeesToAverageNetAssets" xlink:label="frfd_ExpensesAfterIncentiveFeesToAverageNetAssets"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ExpensesAfterIncentiveFeesToAverageNetAssets" xlink:to="frfd_ExpensesAfterIncentiveFeesToAverageNetAssets_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_ExpensesAfterIncentiveFeesToAverageNetAssets_lbl" xml:lang="en-US"> Expenses after incentive fees </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_ReturnBeforeIncentiveFeesToAverageNetAssets" xlink:label="frfd_ReturnBeforeIncentiveFeesToAverageNetAssets"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ReturnBeforeIncentiveFeesToAverageNetAssets" xlink:to="frfd_ReturnBeforeIncentiveFeesToAverageNetAssets_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_ReturnBeforeIncentiveFeesToAverageNetAssets_lbl" xml:lang="en-US"> Total return before incentive fee </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_ReturnAfterIncentiveFeesToAverageNetAssets" xlink:label="frfd_ReturnAfterIncentiveFeesToAverageNetAssets"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ReturnAfterIncentiveFeesToAverageNetAssets" xlink:to="frfd_ReturnAfterIncentiveFeesToAverageNetAssets_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_ReturnAfterIncentiveFeesToAverageNetAssets_lbl" xml:lang="en-US"> Total return after incentive fees </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_IncentiveFeePerSharePercentage" xlink:label="frfd_IncentiveFeePerSharePercentage"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_IncentiveFeePerSharePercentage" xlink:to="frfd_IncentiveFeePerSharePercentage_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_IncentiveFeePerSharePercentage_lbl" xml:lang="en-US"> Incentive fee per share </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_IncentiveFeeToANAPercentage" xlink:label="frfd_IncentiveFeeToANAPercentage"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_IncentiveFeeToANAPercentage" xlink:to="frfd_IncentiveFeeToANAPercentage_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_IncentiveFeeToANAPercentage_lbl" xml:lang="en-US"> Incentive Fee to ANA </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ReturnBeforeIncentiveFeesToAverageNetAssets" xlink:to="frfd_ReturnBeforeIncentiveFeesToAverageNetAssets_2_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="frfd_ReturnBeforeIncentiveFeesToAverageNetAssets_2_lbl" xml:lang="en-US"> Total return before incentive fees </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_DerivativeNumbersOfInstrumentsBought" xlink:label="frfd_DerivativeNumbersOfInstrumentsBought"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_DerivativeNumbersOfInstrumentsBought" xlink:to="frfd_DerivativeNumbersOfInstrumentsBought_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_DerivativeNumbersOfInstrumentsBought_lbl" xml:lang="en-US"> Derivative Numbers of Instruments Bought </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_DerivativeNumbersOfInstrumentsSold" xlink:label="frfd_DerivativeNumbersOfInstrumentsSold"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_DerivativeNumbersOfInstrumentsSold" xlink:to="frfd_DerivativeNumbersOfInstrumentsSold_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_DerivativeNumbersOfInstrumentsSold_lbl" xml:lang="en-US"> Derivative Numbers of Instruments Sold </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_DerivativeInstrumentRisk1Axis" xlink:to="frfd_DerivativeInstrumentRisk1Axis_2_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="frfd_DerivativeInstrumentRisk1Axis_2_lbl" xml:lang="en-US"> Open trade deficit, at fair value [Axis] </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_TradingSecuritiesRealizedGainLoss" xlink:label="us-gaap_TradingSecuritiesRealizedGainLoss"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_TradingSecuritiesRealizedGainLoss" xlink:to="us-gaap_TradingSecuritiesRealizedGainLoss_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_TradingSecuritiesRealizedGainLoss_lbl" xml:lang="en-US"> Realized trading income/(loss) </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_TradingSecuritiesUnrealizedHoldingGainLoss" xlink:label="us-gaap_TradingSecuritiesUnrealizedHoldingGainLoss"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_TradingSecuritiesUnrealizedHoldingGainLoss" xlink:to="us-gaap_TradingSecuritiesUnrealizedHoldingGainLoss_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_TradingSecuritiesUnrealizedHoldingGainLoss_lbl" xml:lang="en-US"> Change in unrealized trading income/(loss) </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DerivativeFairValueOfDerivativeAsset" xlink:label="us-gaap_DerivativeFairValueOfDerivativeAsset"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativeFairValueOfDerivativeAsset" xlink:to="us-gaap_DerivativeFairValueOfDerivativeAsset_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DerivativeFairValueOfDerivativeAsset_lbl" xml:lang="en-US"> Gross Amounts of recognized Derivative Assets </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DerivativeFairValueOfDerivativeLiability" xlink:label="us-gaap_DerivativeFairValueOfDerivativeLiability"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativeFairValueOfDerivativeLiability" xlink:to="us-gaap_DerivativeFairValueOfDerivativeLiability_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DerivativeFairValueOfDerivativeLiability_lbl" xml:lang="en-US"> Gross Amounts offset in the Statements of Financial </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DerivativeFairValueOfDerivativeNet" xlink:label="us-gaap_DerivativeFairValueOfDerivativeNet"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativeFairValueOfDerivativeNet" xlink:to="us-gaap_DerivativeFairValueOfDerivativeNet_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DerivativeFairValueOfDerivativeNet_lbl" xml:lang="en-US"> Net Amounts Presented in the Statements of Financial Condition </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_DerivativeInstrumentsAndHedgingActivitiesTextualAbstract" xlink:label="frfd_DerivativeInstrumentsAndHedgingActivitiesTextualAbstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_DerivativeInstrumentsAndHedgingActivitiesTextualAbstract" xlink:to="frfd_DerivativeInstrumentsAndHedgingActivitiesTextualAbstract_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_DerivativeInstrumentsAndHedgingActivitiesTextualAbstract_lbl" xml:lang="en-US"> Derivative Instruments and Hedging Activities (Textual) </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_EmbeddedManagementFeesDescription" xlink:label="frfd_EmbeddedManagementFeesDescription"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_EmbeddedManagementFeesDescription" xlink:to="frfd_EmbeddedManagementFeesDescription_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_EmbeddedManagementFeesDescription_lbl" xml:lang="en-US"> Embedded management fees, description </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_DerivativeInstrumentTypeOfRiskAxis" xlink:to="frfd_DerivativeInstrumentTypeOfRiskAxis_2_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="frfd_DerivativeInstrumentTypeOfRiskAxis_2_lbl" xml:lang="en-US"> DerivativeInstrumentTypeOfRiskAxis [Axis] </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_TradingSecuritiesUnrealizedHoldingGainLoss" xlink:to="us-gaap_TradingSecuritiesUnrealizedHoldingGainLoss_2_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_TradingSecuritiesUnrealizedHoldingGainLoss_2_lbl" xml:lang="en-US"> Unrealized trading income/(loss) </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_DerivativeInstrumentsAndHedgingActivitiesFrontierFundsTextualAbstract" xlink:label="frfd_DerivativeInstrumentsAndHedgingActivitiesFrontierFundsTextualAbstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_DerivativeInstrumentsAndHedgingActivitiesFrontierFundsTextualAbstract" xlink:to="frfd_DerivativeInstrumentsAndHedgingActivitiesFrontierFundsTextualAbstract_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_DerivativeInstrumentsAndHedgingActivitiesFrontierFundsTextualAbstract_lbl" xml:lang="en-US"> Derivative Instruments and Hedging Activities (Frontier Funds) (Textual) </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_PercentageOfEmbeddedManagementFees" xlink:label="frfd_PercentageOfEmbeddedManagementFees"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_PercentageOfEmbeddedManagementFees" xlink:to="frfd_PercentageOfEmbeddedManagementFees_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_PercentageOfEmbeddedManagementFees_lbl" xml:lang="en-US"> Percentage of embedded management fees </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_PercentageOfFairValueOfSwapsAndEmbeddedIncentiveFees" xlink:label="frfd_PercentageOfFairValueOfSwapsAndEmbeddedIncentiveFees"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_PercentageOfFairValueOfSwapsAndEmbeddedIncentiveFees" xlink:to="frfd_PercentageOfFairValueOfSwapsAndEmbeddedIncentiveFees_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_PercentageOfFairValueOfSwapsAndEmbeddedIncentiveFees_lbl" xml:lang="en-US"> Percentage of fair value of swaps and embedded incentive fees </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_MonthlyAverageOfForwardsOptionsAndFuturesContracts" xlink:label="frfd_MonthlyAverageOfForwardsOptionsAndFuturesContracts"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_MonthlyAverageOfForwardsOptionsAndFuturesContracts" xlink:to="frfd_MonthlyAverageOfForwardsOptionsAndFuturesContracts_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_MonthlyAverageOfForwardsOptionsAndFuturesContracts_lbl" xml:lang="en-US"> Monthly average of forwards, options and futures contracts bought </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_MonthlyAverageOfForwardsOptionsAndFuturesContractsSold" xlink:label="frfd_MonthlyAverageOfForwardsOptionsAndFuturesContractsSold"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_MonthlyAverageOfForwardsOptionsAndFuturesContractsSold" xlink:to="frfd_MonthlyAverageOfForwardsOptionsAndFuturesContractsSold_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_MonthlyAverageOfForwardsOptionsAndFuturesContractsSold_lbl" xml:lang="en-US"> Monthly average of forwards, options and futures contracts sold </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_TradingActivitiesAndRelatedRisksTextualAbstract" xlink:label="frfd_TradingActivitiesAndRelatedRisksTextualAbstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_TradingActivitiesAndRelatedRisksTextualAbstract" xlink:to="frfd_TradingActivitiesAndRelatedRisksTextualAbstract_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_TradingActivitiesAndRelatedRisksTextualAbstract_lbl" xml:lang="en-US"> Trading Activities and Related Risks (Textual) </link:label>
<link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DescriptionOfTradingActivitiesAndManagementOfRelatedRisks" xlink:label="us-gaap_DescriptionOfTradingActivitiesAndManagementOfRelatedRisks"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DescriptionOfTradingActivitiesAndManagementOfRelatedRisks" xlink:to="us-gaap_DescriptionOfTradingActivitiesAndManagementOfRelatedRisks_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DescriptionOfTradingActivitiesAndManagementOfRelatedRisks_lbl" xml:lang="en-US"> Trading activities and related risks ,description </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_TradingActivitiesAndRelatedRisksFrontierFundsTextualAbstract" xlink:label="frfd_TradingActivitiesAndRelatedRisksFrontierFundsTextualAbstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_TradingActivitiesAndRelatedRisksFrontierFundsTextualAbstract" xlink:to="frfd_TradingActivitiesAndRelatedRisksFrontierFundsTextualAbstract_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_TradingActivitiesAndRelatedRisksFrontierFundsTextualAbstract_lbl" xml:lang="en-US"> Trading Activities and Related Risks (Frontier Funds) (Textual) </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_DescriptionOfTradingActivitiesAndRelatedRisks" xlink:label="frfd_DescriptionOfTradingActivitiesAndRelatedRisks"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_DescriptionOfTradingActivitiesAndRelatedRisks" xlink:to="frfd_DescriptionOfTradingActivitiesAndRelatedRisks_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_DescriptionOfTradingActivitiesAndRelatedRisks_lbl" xml:lang="en-US"> Description of trading activities and related risks </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_SubsequentEventsSeriesOfFrontierFundsTextualAbstract" xlink:label="frfd_SubsequentEventsSeriesOfFrontierFundsTextualAbstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_SubsequentEventsSeriesOfFrontierFundsTextualAbstract" xlink:to="frfd_SubsequentEventsSeriesOfFrontierFundsTextualAbstract_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_SubsequentEventsSeriesOfFrontierFundsTextualAbstract_lbl" xml:lang="en-US"> Subsequent Events (The Series of the Frontier Funds) (Textual) </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_PaidInRedemptions" xlink:label="frfd_PaidInRedemptions"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_PaidInRedemptions" xlink:to="frfd_PaidInRedemptions_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_PaidInRedemptions_lbl" xml:lang="en-US"> Trust paid in redemptions </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_SubsequentEventsFrontierFundsTextualAbstract" xlink:label="frfd_SubsequentEventsFrontierFundsTextualAbstract"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_SubsequentEventsFrontierFundsTextualAbstract" xlink:to="frfd_SubsequentEventsFrontierFundsTextualAbstract_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_SubsequentEventsFrontierFundsTextualAbstract_lbl" xml:lang="en-US"> Subsequent Events (Frontier Funds) (Textual) </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_AdditionalMember" xlink:label="frfd_AdditionalMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_AdditionalMember" xlink:to="frfd_AdditionalMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_AdditionalMember_doc" xml:lang="en-US"> Additional. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_AdvanceForServiceFee" xlink:to="frfd_AdvanceForServiceFee_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_AdvanceForServiceFee_doc" xml:lang="en-US"> Amount of advance for service fee. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_AdvanceOnSwapAppreciation1" xlink:to="frfd_AdvanceOnSwapAppreciation1_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_AdvanceOnSwapAppreciation1_doc" xml:lang="en-US"> Advance on swap appreciation. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_AdvanceOnUnrealizedSwapAppreciation" xlink:to="frfd_AdvanceOnUnrealizedSwapAppreciation_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_AdvanceOnUnrealizedSwapAppreciation_doc" xml:lang="en-US"> Advance on unrealized Swap Appreciation </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_AggregateInitialAndOngoingServiceFeesRatepercentage" xlink:to="frfd_AggregateInitialAndOngoingServiceFeesRatepercentage_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_AggregateInitialAndOngoingServiceFeesRatepercentage_doc" xml:lang="en-US"> Aggregate initial and ongoing service fees rate percentage. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_AggregateInterestIncomePercentage" xlink:to="frfd_AggregateInterestIncomePercentage_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_AggregateInterestIncomePercentage_doc" xml:lang="en-US"> Aggregate interest income percentge. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_AgriculturalsMember" xlink:to="frfd_AgriculturalsMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_AgriculturalsMember_doc" xml:lang="en-US"> Agriculture. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_AllocationOfEarningsPolicyTextBlock" xlink:to="frfd_AllocationOfEarningsPolicyTextBlock_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_AllocationOfEarningsPolicyTextBlock_doc" xml:lang="en-US"> Allocation of earnings. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_AssetsInvestedInOneOrMoreTradingCompanies" xlink:to="frfd_AssetsInvestedInOneOrMoreTradingCompanies_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_AssetsInvestedInOneOrMoreTradingCompanies_doc" xml:lang="en-US"> Assets Invested in one or more trading companies. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_BalanceFundMember" xlink:to="frfd_BalanceFundMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_BalanceFundMember_doc" xml:lang="en-US"> It represents balance fund. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_BalancedFundMember" xlink:to="frfd_BalancedFundMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_BalancedFundMember_doc" xml:lang="en-US"> Represents balanced fund. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_BrevanHowardMember" xlink:to="frfd_BrevanHowardMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_BrevanHowardMember_doc" xml:lang="en-US"> Brevan howard. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_CashHoldingShallBeInExcessAmount" xlink:to="frfd_CashHoldingShallBeInExcessAmount_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_CashHoldingShallBeInExcessAmount_doc" xml:lang="en-US"> Cash holding shall be in excess amount. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ChangeInConsolidationMethodPolicyTextBlock" xlink:to="frfd_ChangeInConsolidationMethodPolicyTextBlock_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_ChangeInConsolidationMethodPolicyTextBlock_doc" xml:lang="en-US"> Change in consolidation method. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ChangeInFairValueOfInvestmentsInUnconsolidatedTradingCompanies" xlink:to="frfd_ChangeInFairValueOfInvestmentsInUnconsolidatedTradingCompanies_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_ChangeInFairValueOfInvestmentsInUnconsolidatedTradingCompanies_doc" xml:lang="en-US"> Change in fair value of investments in unconsolidated trading companies. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ChangeInNetAssetValuePerUnit" xlink:to="frfd_ChangeInNetAssetValuePerUnit_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_ChangeInNetAssetValuePerUnit_doc" xml:lang="en-US"> Change in net asset value. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ChangeInOpenTradeEquitydeficitAtFairValue" xlink:to="frfd_ChangeInOpenTradeEquitydeficitAtFairValue_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_ChangeInOpenTradeEquitydeficitAtFairValue_doc" xml:lang="en-US"> Change in open trade equity deficit at fair value. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ChangeInOwnershipAllocationOfUsTreasurySecuritiesNet" xlink:to="frfd_ChangeInOwnershipAllocationOfUsTreasurySecuritiesNet_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_ChangeInOwnershipAllocationOfUsTreasurySecuritiesNet_doc" xml:lang="en-US"> Change in ownership allocation of US Treasury securities net. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ClassOneAClassTwoAAndClassThreeAMember" xlink:to="frfd_ClassOneAClassTwoAAndClassThreeAMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_ClassOneAClassTwoAAndClassThreeAMember_doc" xml:lang="en-US"> Class two and class three A. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ClassOneAMember" xlink:to="frfd_ClassOneAMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_ClassOneAMember_doc" xml:lang="en-US"> Class one. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ClassOneAPClass2AAndClassThree3AMember" xlink:to="frfd_ClassOneAPClass2AAndClassThree3AMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_ClassOneAPClass2AAndClassThree3AMember_doc" xml:lang="en-US"> Class one class 2nd class three. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ClassOneAPUnitsMember" xlink:to="frfd_ClassOneAPUnitsMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_ClassOneAPUnitsMember_doc" xml:lang="en-US"> Class oneap units. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ClassOneAUnitsMember" xlink:to="frfd_ClassOneAUnitsMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_ClassOneAUnitsMember_doc" xml:lang="en-US"> Class one A. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ClassOneAndClassTwoMember" xlink:to="frfd_ClassOneAndClassTwoMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_ClassOneAndClassTwoMember_doc" xml:lang="en-US"> Class one and class two. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ClassOneApClassTwoOneClassThreeOneMember" xlink:to="frfd_ClassOneApClassTwoOneClassThreeOneMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_ClassOneApClassTwoOneClassThreeOneMember_doc" xml:lang="en-US"> Class one AP class two one class three one. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ClassOneApMember" xlink:to="frfd_ClassOneApMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_ClassOneApMember_doc" xml:lang="en-US"> Class one. </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_ClassOneFourMember" xlink:label="frfd_ClassOneFourMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ClassOneFourMember" xlink:to="frfd_ClassOneFourMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_ClassOneFourMember_doc" xml:lang="en-US"> Class one four. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ClassOneMember" xlink:to="frfd_ClassOneMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_ClassOneMember_doc" xml:lang="en-US"> Class one. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ClassOneOneMember" xlink:to="frfd_ClassOneOneMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_ClassOneOneMember_doc" xml:lang="en-US"> Class three. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ClassOneOrClassOneOneMember" xlink:to="frfd_ClassOneOrClassOneOneMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_ClassOneOrClassOneOneMember_doc" xml:lang="en-US"> Class one or class one one. </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_ClassOneThreeMember" xlink:label="frfd_ClassOneThreeMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ClassOneThreeMember" xlink:to="frfd_ClassOneThreeMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_ClassOneThreeMember_doc" xml:lang="en-US"> Class one three. </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_ClassOneTwoMember" xlink:label="frfd_ClassOneTwoMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ClassOneTwoMember" xlink:to="frfd_ClassOneTwoMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_ClassOneTwoMember_doc" xml:lang="en-US"> Class one two. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ClassThreeAMember" xlink:to="frfd_ClassThreeAMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_ClassThreeAMember_doc" xml:lang="en-US"> Class three. </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_ClassThreeFiveMember" xlink:label="frfd_ClassThreeFiveMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ClassThreeFiveMember" xlink:to="frfd_ClassThreeFiveMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_ClassThreeFiveMember_doc" xml:lang="en-US"> Class three five. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ClassThreeMember" xlink:to="frfd_ClassThreeMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_ClassThreeMember_doc" xml:lang="en-US"> The member represent class three. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ClassThreeOneMember" xlink:to="frfd_ClassThreeOneMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_ClassThreeOneMember_doc" xml:lang="en-US"> Class three one. </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_ClassThreeThreeMember" xlink:label="frfd_ClassThreeThreeMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ClassThreeThreeMember" xlink:to="frfd_ClassThreeThreeMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_ClassThreeThreeMember_doc" xml:lang="en-US"> Class three three. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ClassTwoAMember" xlink:to="frfd_ClassTwoAMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_ClassTwoAMember_doc" xml:lang="en-US"> Class two. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ClassTwoAUnitsMember" xlink:to="frfd_ClassTwoAUnitsMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_ClassTwoAUnitsMember_doc" xml:lang="en-US"> Class two a units. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ClassTwoAndClassThreeAMember" xlink:to="frfd_ClassTwoAndClassThreeAMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_ClassTwoAndClassThreeAMember_doc" xml:lang="en-US"> Class two and class three. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ClassTwoAndClassTwoOneMember" xlink:to="frfd_ClassTwoAndClassTwoOneMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_ClassTwoAndClassTwoOneMember_doc" xml:lang="en-US"> Class two or class two one member. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ClassTwoMember" xlink:to="frfd_ClassTwoMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_ClassTwoMember_doc" xml:lang="en-US"> Class two. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ClassTwoOneMember" xlink:to="frfd_ClassTwoOneMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_ClassTwoOneMember_doc" xml:lang="en-US"> Class two one. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ClassTwoOrClassTwoOneMember" xlink:to="frfd_ClassTwoOrClassTwoOneMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_ClassTwoOrClassTwoOneMember_doc" xml:lang="en-US"> Class two or class two one member. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ClassTwoUnitsMember" xlink:to="frfd_ClassTwoUnitsMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_ClassTwoUnitsMember_doc" xml:lang="en-US"> Class two units. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_CurrenciesMember" xlink:to="frfd_CurrenciesMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_CurrenciesMember_doc" xml:lang="en-US"> It represents currencies. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_CurrencyForwardsMember" xlink:to="frfd_CurrencyForwardsMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_CurrencyForwardsMember_doc" xml:lang="en-US"> Currency forwards. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_DelawareStatutoryTrustExpireDate" xlink:to="frfd_DelawareStatutoryTrustExpireDate_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_DelawareStatutoryTrustExpireDate_doc" xml:lang="en-US"> Delaware statutory trust expire date. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_DerivativeInstrumentRisk1Axis" xlink:to="frfd_DerivativeInstrumentRisk1Axis_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_DerivativeInstrumentRisk1Axis_doc" xml:lang="en-US"> It represents derivative instrument risk axis. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_DerivativeInstrumentTypeOfRiskAxis" xlink:to="frfd_DerivativeInstrumentTypeOfRiskAxis_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_DerivativeInstrumentTypeOfRiskAxis_doc" xml:lang="en-US"> Represents derivative instrument type risk axis. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_DerivativeNumbersOfInstrumentsBought" xlink:to="frfd_DerivativeNumbersOfInstrumentsBought_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_DerivativeNumbersOfInstrumentsBought_doc" xml:lang="en-US"> It represents derivative numbers of instrument bought. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_DerivativeNumbersOfInstrumentsSold" xlink:to="frfd_DerivativeNumbersOfInstrumentsSold_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_DerivativeNumbersOfInstrumentsSold_doc" xml:lang="en-US"> It represents derivative numbers of instrument sold. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_DescriptionOfDepositsAssets" xlink:to="frfd_DescriptionOfDepositsAssets_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_DescriptionOfDepositsAssets_doc" xml:lang="en-US"> Represent of description of deposits assets. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_DescriptionOfIncentiveFeePercentage" xlink:to="frfd_DescriptionOfIncentiveFeePercentage_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_DescriptionOfIncentiveFeePercentage_doc" xml:lang="en-US"> Description of incentive fee percentage. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_DescriptionOfRangeofIncentiveFeePercentage" xlink:to="frfd_DescriptionOfRangeofIncentiveFeePercentage_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_DescriptionOfRangeofIncentiveFeePercentage_doc" xml:lang="en-US"> Description of range of incentive fee percentage. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_DescriptionOfServiceFees" xlink:to="frfd_DescriptionOfServiceFees_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_DescriptionOfServiceFees_doc" xml:lang="en-US"> Description of service fees. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_DescriptionOfTradingActivitiesAndRelatedRisks" xlink:to="frfd_DescriptionOfTradingActivitiesAndRelatedRisks_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_DescriptionOfTradingActivitiesAndRelatedRisks_doc" xml:lang="en-US"> Description of trading activities and related risks. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_DescriptionofInterestIncome" xlink:to="frfd_DescriptionofInterestIncome_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_DescriptionofInterestIncome_doc" xml:lang="en-US"> Description of interest income. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_DeutscheBankAGMember" xlink:to="frfd_DeutscheBankAGMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_DeutscheBankAGMember_doc" xml:lang="en-US"> Represents deutsche bank. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_DiversifiedFundMember" xlink:to="frfd_DiversifiedFundMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_DiversifiedFundMember_doc" xml:lang="en-US"> Represents diversified fund. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_DueDilliganceFees" xlink:to="frfd_DueDilliganceFees_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_DueDilliganceFees_doc" xml:lang="en-US"> Due dilligance fees. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_DueFromManagingOwner" xlink:to="frfd_DueFromManagingOwner_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_DueFromManagingOwner_doc" xml:lang="en-US"> Due from Managing Owner </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_DueToManagingOwner" xlink:to="frfd_DueToManagingOwner_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_DueToManagingOwner_doc" xml:lang="en-US"> Amount of due to managing owner. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_DuesFromManagingOwner" xlink:to="frfd_DuesFromManagingOwner_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_DuesFromManagingOwner_doc" xml:lang="en-US"> Due from Managing Owner </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_EnergiesMember" xlink:to="frfd_EnergiesMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_EnergiesMember_doc" xml:lang="en-US"> It represents energies. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_EquityInEarningsFromUnconsolidatedTradingCompaniesTableTextBlock" xlink:to="frfd_EquityInEarningsFromUnconsolidatedTradingCompaniesTableTextBlock_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_EquityInEarningsFromUnconsolidatedTradingCompaniesTableTextBlock_doc" xml:lang="en-US"> Equity in earnings from private investment companies. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ExpenseRelatedToDistributionOrRiskAnalysisFees" xlink:to="frfd_ExpenseRelatedToDistributionOrRiskAnalysisFees_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_ExpenseRelatedToDistributionOrRiskAnalysisFees_doc" xml:lang="en-US"> Expense related to distribution or risk analysis fees. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ExpensesAfterIncentiveFeesToAverageNetAssets" xlink:to="frfd_ExpensesAfterIncentiveFeesToAverageNetAssets_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_ExpensesAfterIncentiveFeesToAverageNetAssets_doc" xml:lang="en-US"> Expenses after incentive fees to average net assets. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ExpensesBeforeIncentiveFeesToAverageNetAssets" xlink:to="frfd_ExpensesBeforeIncentiveFeesToAverageNetAssets_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_ExpensesBeforeIncentiveFeesToAverageNetAssets_doc" xml:lang="en-US"> Expenses before incentive fees to average net assets. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_FairValueMeasuredOnRecurringBasisTransfersInAndorOut" xlink:to="frfd_FairValueMeasuredOnRecurringBasisTransfersInAndorOut_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_FairValueMeasuredOnRecurringBasisTransfersInAndorOut_doc" xml:lang="en-US"> Amountof transfers in and or out. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarningsRealized" xlink:to="frfd_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarningsRealized_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarningsRealized_doc" xml:lang="en-US"> Fair value measurement with unobservable inputs reconciliation recurring basis asset gain loss included in earnings realized. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarningsUnrealized" xlink:to="frfd_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarningsUnrealized_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarningsUnrealized_doc" xml:lang="en-US"> Fair value measurement with unobservable inputs reconciliation recurring basis asset gain loss included in earnings unrealized. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisChangeInOwnershipAllocation" xlink:to="frfd_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisChangeInOwnershipAllocation_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisChangeInOwnershipAllocation_doc" xml:lang="en-US"> Fair value measurement with unobservable inputs reconciliation recurring basis change in ownership allocation. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_FairValueMeasurementsWithTransfersInOut" xlink:to="frfd_FairValueMeasurementsWithTransfersInOut_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_FairValueMeasurementsWithTransfersInOut_doc" xml:lang="en-US"> It represents fair value measurement with transfer in out. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_FeesAndExpensesPolicyTextBlock" xlink:to="frfd_FeesAndExpensesPolicyTextBlock_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_FeesAndExpensesPolicyTextBlock_doc" xml:lang="en-US"> Fees and expenses. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_FrontierBalancedSelectSwapMember" xlink:to="frfd_FrontierBalancedSelectSwapMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_FrontierBalancedSelectSwapMember_doc" xml:lang="en-US"> Frontier balanced select swap. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_FrontierBrevanHowardSwapUsMember" xlink:to="frfd_FrontierBrevanHowardSwapUsMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_FrontierBrevanHowardSwapUsMember_doc" xml:lang="en-US"> Frontier brevan howard swap US. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_FrontierDiversifiedSelectSwapMember" xlink:to="frfd_FrontierDiversifiedSelectSwapMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_FrontierDiversifiedSelectSwapMember_doc" xml:lang="en-US"> Frontier diversified select swap . </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_FrontierFundsMember" xlink:to="frfd_FrontierFundsMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_FrontierFundsMember_doc" xml:lang="en-US"> Frontier funds. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_FrontierSelectFundMember" xlink:to="frfd_FrontierSelectFundMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_FrontierSelectFundMember_doc" xml:lang="en-US"> It represents frontier select fund. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_FrontierSelectSwapMember" xlink:to="frfd_FrontierSelectSwapMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_FrontierSelectSwapMember_doc" xml:lang="en-US"> Frontier select swap. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_FrontierTradingCompaniesIIAndXXXVIIIMember" xlink:to="frfd_FrontierTradingCompaniesIIAndXXXVIIIMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_FrontierTradingCompaniesIIAndXXXVIIIMember_doc" xml:lang="en-US"> Frontier Trading Companies II And XXXVIII. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_FrontierTradingCompaniesXXXIXMember" xlink:to="frfd_FrontierTradingCompaniesXXXIXMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_FrontierTradingCompaniesXXXIXMember_doc" xml:lang="en-US"> Frontier trading companies xxxix. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_FrontierTradingCompaniesXXXVIIIAndXXXIXMember" xlink:to="frfd_FrontierTradingCompaniesXXXVIIIAndXXXIXMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_FrontierTradingCompaniesXXXVIIIAndXXXIXMember_doc" xml:lang="en-US"> Frontier trading companies XXXVIII and XXXXIX. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_FrontierTradingCompanyMember" xlink:to="frfd_FrontierTradingCompanyMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_FrontierTradingCompanyMember_doc" xml:lang="en-US"> Frontier trading company. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_FrontierTradingCompanyOneLLCMember" xlink:to="frfd_FrontierTradingCompanyOneLLCMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_FrontierTradingCompanyOneLLCMember_doc" xml:lang="en-US"> Frontier trading company one LLC. </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_FrontierTradingCompanyTwoLLCMember" xlink:label="frfd_FrontierTradingCompanyTwoLLCMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_FrontierTradingCompanyTwoLLCMember" xlink:to="frfd_FrontierTradingCompanyTwoLLCMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_FrontierTradingCompanyTwoLLCMember_doc" xml:lang="en-US"> Frontier trading company one LLC. </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_FrontierTradingCompanyXVLLCMember" xlink:label="frfd_FrontierTradingCompanyXVLLCMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_FrontierTradingCompanyXVLLCMember" xlink:to="frfd_FrontierTradingCompanyXVLLCMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_FrontierTradingCompanyXVLLCMember_doc" xml:lang="en-US"> Information by frontier trading company XVLLC. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_FrontierTradingCompanyXXXVIIILLCMember" xlink:to="frfd_FrontierTradingCompanyXXXVIIILLCMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_FrontierTradingCompanyXXXVIIILLCMember_doc" xml:lang="en-US"> Information by frontier trading company XXXVIIILLC. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_FrontierTradingCompanyXXXVIIIMember" xlink:to="frfd_FrontierTradingCompanyXXXVIIIMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_FrontierTradingCompanyXXXVIIIMember_doc" xml:lang="en-US"> Frontier Trading Company XXXVIII. </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_FrontierWintonFundMember" xlink:label="frfd_FrontierWintonFundMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_FrontierWintonFundMember" xlink:to="frfd_FrontierWintonFundMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_FrontierWintonFundMember_doc" xml:lang="en-US"> Information by frontier winton fund. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_GalaxyPlusFundAspectFeederFund532LLCMember" xlink:to="frfd_GalaxyPlusFundAspectFeederFund532LLCMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_GalaxyPlusFundAspectFeederFund532LLCMember_doc" xml:lang="en-US"> Information by galaxy plus fund aspect feeder fund. </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_GalaxyPlusFundChesapeakeFeederFund518LLCMember" xlink:label="frfd_GalaxyPlusFundChesapeakeFeederFund518LLCMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_GalaxyPlusFundChesapeakeFeederFund518LLCMember" xlink:to="frfd_GalaxyPlusFundChesapeakeFeederFund518LLCMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_GalaxyPlusFundChesapeakeFeederFund518LLCMember_doc" xml:lang="en-US"> Information by galaxy plus fund chesapeake feeder fund. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_GalaxyPlusFundEightMember" xlink:to="frfd_GalaxyPlusFundEightMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_GalaxyPlusFundEightMember_doc" xml:lang="en-US"> It represents galaxy fund. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_GalaxyPlusFundElevenMember" xlink:to="frfd_GalaxyPlusFundElevenMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_GalaxyPlusFundElevenMember_doc" xml:lang="en-US"> It represents galaxy fund. </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_GalaxyPlusFundFiftySixMember" xlink:label="frfd_GalaxyPlusFundFiftySixMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_GalaxyPlusFundFiftySixMember" xlink:to="frfd_GalaxyPlusFundFiftySixMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_GalaxyPlusFundFiftySixMember_doc" xml:lang="en-US"> Information by galaxy plus fund fifty six. </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_GalaxyPlusFundFiveMember" xlink:label="frfd_GalaxyPlusFundFiveMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_GalaxyPlusFundFiveMember" xlink:to="frfd_GalaxyPlusFundFiveMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_GalaxyPlusFundFiveMember_doc" xml:lang="en-US"> It represents galaxy fund. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_GalaxyPlusFundFortContrarianFeederFund510LLCMember" xlink:to="frfd_GalaxyPlusFundFortContrarianFeederFund510LLCMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_GalaxyPlusFundFortContrarianFeederFund510LLCMember_doc" xml:lang="en-US"> Information by galaxy plus fund fort contrarian feeder fund. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_GalaxyPlusFundFourMember" xlink:to="frfd_GalaxyPlusFundFourMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_GalaxyPlusFundFourMember_doc" xml:lang="en-US"> It represents galaxy fund. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_GalaxyPlusFundNineMember" xlink:to="frfd_GalaxyPlusFundNineMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_GalaxyPlusFundNineMember_doc" xml:lang="en-US"> It represents galaxy fund. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_GalaxyPlusFundOneMember" xlink:to="frfd_GalaxyPlusFundOneMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_GalaxyPlusFundOneMember_doc" xml:lang="en-US"> It represents galaxy fund. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_GalaxyPlusFundQIMFeederFund526LLCMember" xlink:to="frfd_GalaxyPlusFundQIMFeederFund526LLCMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_GalaxyPlusFundQIMFeederFund526LLCMember_doc" xml:lang="en-US"> Information by galaxy plus fund QIM feeder fund 526LLC. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_GalaxyPlusFundQuestFITFeederFund535LLCMember" xlink:to="frfd_GalaxyPlusFundQuestFITFeederFund535LLCMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_GalaxyPlusFundQuestFITFeederFund535LLCMember_doc" xml:lang="en-US"> Information by galaxy plus fund fort contrarian feeder fund. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_GalaxyPlusFundQuestFeederFund517LLCMember" xlink:to="frfd_GalaxyPlusFundQuestFeederFund517LLCMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_GalaxyPlusFundQuestFeederFund517LLCMember_doc" xml:lang="en-US"> Information by galaxy plus fund quest feeder fund. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_GalaxyPlusFundSevenMember" xlink:to="frfd_GalaxyPlusFundSevenMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_GalaxyPlusFundSevenMember_doc" xml:lang="en-US"> It represents galaxy fund. </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_GalaxyPlusFundSevenMemberMember" xlink:label="frfd_GalaxyPlusFundSevenMemberMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_GalaxyPlusFundSevenMemberMember" xlink:to="frfd_GalaxyPlusFundSevenMemberMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_GalaxyPlusFundSevenMemberMember_doc" xml:lang="en-US"> Information by galaxy plus fund seven. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_GalaxyPlusFundSixMember" xlink:to="frfd_GalaxyPlusFundSixMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_GalaxyPlusFundSixMember_doc" xml:lang="en-US"> It represents galaxy fund. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_GalaxyPlusFundTenMember" xlink:to="frfd_GalaxyPlusFundTenMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_GalaxyPlusFundTenMember_doc" xml:lang="en-US"> It represents galaxy fund. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_GalaxyPlusFundThreeMember" xlink:to="frfd_GalaxyPlusFundThreeMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_GalaxyPlusFundThreeMember_doc" xml:lang="en-US"> It represents galaxy fund. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_GalaxyPlusFundTwoMember" xlink:to="frfd_GalaxyPlusFundTwoMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_GalaxyPlusFundTwoMember_doc" xml:lang="en-US"> It represents galaxy fund. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_GalaxyPlusFundWeltonGDPFeederFund538LLCMember" xlink:to="frfd_GalaxyPlusFundWeltonGDPFeederFund538LLCMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_GalaxyPlusFundWeltonGDPFeederFund538LLCMember_doc" xml:lang="en-US"> Information by galaxy plus fund welton GDP feeder fund. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_GlobalFundMember" xlink:to="frfd_GlobalFundMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_GlobalFundMember_doc" xml:lang="en-US"> It represents global fund. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_GrossIncomeOfTrustConstitutesQualifyingIncome" xlink:to="frfd_GrossIncomeOfTrustConstitutesQualifyingIncome_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_GrossIncomeOfTrustConstitutesQualifyingIncome_doc" xml:lang="en-US"> Gross income of the trust constitutes qualifying income. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_HeritageFundMember" xlink:to="frfd_HeritageFundMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_HeritageFundMember_doc" xml:lang="en-US"> Represents heritage fund. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_IncentiveFeeRebatePolicyTextBlock" xlink:to="frfd_IncentiveFeeRebatePolicyTextBlock_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_IncentiveFeeRebatePolicyTextBlock_doc" xml:lang="en-US"> Incentive fee (rebate). </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_IncentiveFeesPayable" xlink:to="frfd_IncentiveFeesPayable_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_IncentiveFeesPayable_doc" xml:lang="en-US"> Amount of incentive fees payable. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_IncentiveFeesReceivable" xlink:to="frfd_IncentiveFeesReceivable_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_IncentiveFeesReceivable_doc" xml:lang="en-US"> Incentive fees receivable </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_IncentiveManagementFeesPayableToManagingOwner" xlink:to="frfd_IncentiveManagementFeesPayableToManagingOwner_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_IncentiveManagementFeesPayableToManagingOwner_doc" xml:lang="en-US"> Incentive management fees payable to managing owner. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_IncreaseDecreaseInIncentiveFeesPayableToManagingOwner" xlink:to="frfd_IncreaseDecreaseInIncentiveFeesPayableToManagingOwner_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_IncreaseDecreaseInIncentiveFeesPayableToManagingOwner_doc" xml:lang="en-US"> Incentive fees payable to managing owner. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_IncreaseDecreaseInManagementFeesPayableToManagingOwner" xlink:to="frfd_IncreaseDecreaseInManagementFeesPayableToManagingOwner_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_IncreaseDecreaseInManagementFeesPayableToManagingOwner_doc" xml:lang="en-US"> Management fees payable to managing owner. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_IncreaseDecreaseInReceivableFromFuturesCommissionMerchants" xlink:to="frfd_IncreaseDecreaseInReceivableFromFuturesCommissionMerchants_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_IncreaseDecreaseInReceivableFromFuturesCommissionMerchants_doc" xml:lang="en-US"> Receivable from futures commission merchants </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_IncreaseDecreaseInServiceFeesPayableToManagingOwner" xlink:to="frfd_IncreaseDecreaseInServiceFeesPayableToManagingOwner_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_IncreaseDecreaseInServiceFeesPayableToManagingOwner_doc" xml:lang="en-US"> Increase Decrease In Service Fees Payable To Managing Owner </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_IncreaseDecreaseTradingFeesPayableToManagingOwner" xlink:to="frfd_IncreaseDecreaseTradingFeesPayableToManagingOwner_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_IncreaseDecreaseTradingFeesPayableToManagingOwner_doc" xml:lang="en-US"> Trading fees payable to managing owner. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_InitialServiceFeesAmortizedMonthlyAnnualRateMaximum" xlink:to="frfd_InitialServiceFeesAmortizedMonthlyAnnualRateMaximum_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_InitialServiceFeesAmortizedMonthlyAnnualRateMaximum_doc" xml:lang="en-US"> Initial service fees amortized monthly annual rate maximum. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_InterestFeesPayable" xlink:to="frfd_InterestFeesPayable_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_InterestFeesPayable_doc" xml:lang="en-US"> Amount of interest fees payable. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_InterestIncomeOperatingPerShare" xlink:to="frfd_InterestIncomeOperatingPerShare_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_InterestIncomeOperatingPerShare_doc" xml:lang="en-US"> Interest income operating per share. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_InterestIncomePaymentToManagingOwner" xlink:to="frfd_InterestIncomePaymentToManagingOwner_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_InterestIncomePaymentToManagingOwner_doc" xml:lang="en-US"> Interest income payment to managing owner. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_InterestPayableToManagingOwner" xlink:to="frfd_InterestPayableToManagingOwner_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_InterestPayableToManagingOwner_doc" xml:lang="en-US"> Interest payable to Managing Owner </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_InterestRatesMember" xlink:to="frfd_InterestRatesMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_InterestRatesMember_doc" xml:lang="en-US"> It represents interest rates. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_InvesteeReturns" xlink:to="frfd_InvesteeReturns_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_InvesteeReturns_doc" xml:lang="en-US"> Investee returns. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_InvestmentInUnconsolidatedTradingCompaniesMember" xlink:to="frfd_InvestmentInUnconsolidatedTradingCompaniesMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_InvestmentInUnconsolidatedTradingCompaniesMember_doc" xml:lang="en-US"> Investment in unconsolidated trading companies. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_InvestmentsInUnconsolidatedTradingCompaniesMember" xlink:to="frfd_InvestmentsInUnconsolidatedTradingCompaniesMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_InvestmentsInUnconsolidatedTradingCompaniesMember_doc" xml:lang="en-US"> It represents investment in unconsolidated trading companies. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_InvestmentsInUnconsolidatedTradingCompaniesTableTextBlock" xlink:to="frfd_InvestmentsInUnconsolidatedTradingCompaniesTableTextBlock_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_InvestmentsInUnconsolidatedTradingCompaniesTableTextBlock_doc" xml:lang="en-US"> Investments in unconsolidated trading companies. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_LimitedOwnersMember" xlink:to="frfd_LimitedOwnersMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_LimitedOwnersMember_doc" xml:lang="en-US"> Limited owners. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_LiquidityRestrictions" xlink:to="frfd_LiquidityRestrictions_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_LiquidityRestrictions_doc" xml:lang="en-US"> Liquidity restrictions. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_LongFuturesContractsMember" xlink:to="frfd_LongFuturesContractsMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_LongFuturesContractsMember_doc" xml:lang="en-US"> Long futures contracts. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_LongShortCommodityFundMember" xlink:to="frfd_LongShortCommodityFundMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_LongShortCommodityFundMember_doc" xml:lang="en-US"> Lonf short commodity fund. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ManagementFeesPayableToManagingOwner" xlink:to="frfd_ManagementFeesPayableToManagingOwner_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_ManagementFeesPayableToManagingOwner_doc" xml:lang="en-US"> Management fees payable to managing owner. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ManagementFeesPayableToManagingOwnerNetOfChangeInReceivable" xlink:to="frfd_ManagementFeesPayableToManagingOwnerNetOfChangeInReceivable_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_ManagementFeesPayableToManagingOwnerNetOfChangeInReceivable_doc" xml:lang="en-US"> Management fees payable to Managing Owner, net of change in receivable. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ManagingOwnerContributionInCapitalProfitAndLossesOfAllSeries" xlink:to="frfd_ManagingOwnerContributionInCapitalProfitAndLossesOfAllSeries_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_ManagingOwnerContributionInCapitalProfitAndLossesOfAllSeries_doc" xml:lang="en-US"> Managing owner contribution in capital profit and losses of all series. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ManagingOwnerMember" xlink:to="frfd_ManagingOwnerMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_ManagingOwnerMember_doc" xml:lang="en-US"> Managing owner. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ManagingOwnerPaysOngoingServiceFeeToSellingAgentMaximum" xlink:to="frfd_ManagingOwnerPaysOngoingServiceFeeToSellingAgentMaximum_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_ManagingOwnerPaysOngoingServiceFeeToSellingAgentMaximum_doc" xml:lang="en-US"> Managing owner pays an ongoing service fee to selling agent maximum. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_MastersFundMember" xlink:to="frfd_MastersFundMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_MastersFundMember_doc" xml:lang="en-US"> It represents masters fund. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_MetalsMember" xlink:to="frfd_MetalsMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_MetalsMember_doc" xml:lang="en-US"> It represents metals. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_MonthlyAverageOfForwardsOptionsAndFuturesContracts" xlink:to="frfd_MonthlyAverageOfForwardsOptionsAndFuturesContracts_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_MonthlyAverageOfForwardsOptionsAndFuturesContracts_doc" xml:lang="en-US"> Monthly average of forwards, options and futures contracts bought. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_MonthlyAverageOfForwardsOptionsAndFuturesContractsSold" xlink:to="frfd_MonthlyAverageOfForwardsOptionsAndFuturesContractsSold_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_MonthlyAverageOfForwardsOptionsAndFuturesContractsSold_doc" xml:lang="en-US"> Monthly average of forwards, options and futures contracts sold. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_MultiStrategyMember" xlink:to="frfd_MultiStrategyMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_MultiStrategyMember_doc" xml:lang="en-US"> It represents multistrategy. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_NetAssetValue" xlink:to="frfd_NetAssetValue_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_NetAssetValue_doc" xml:lang="en-US"> Net asset value. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_NetAssetValuePerUnit" xlink:to="frfd_NetAssetValuePerUnit_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_NetAssetValuePerUnit_doc" xml:lang="en-US"> Net asset value per unit. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_NetAssetValues" xlink:to="frfd_NetAssetValues_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_NetAssetValues_doc" xml:lang="en-US"> Net asset values. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_NetChangeInOpenTradeEquity" xlink:to="frfd_NetChangeInOpenTradeEquity_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_NetChangeInOpenTradeEquity_doc" xml:lang="en-US"> Net change in open trade equity. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_NetChangeInOpenTradeEquityFromFuturesForwardsAndOptionsMember" xlink:to="frfd_NetChangeInOpenTradeEquityFromFuturesForwardsAndOptionsMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_NetChangeInOpenTradeEquityFromFuturesForwardsAndOptionsMember_doc" xml:lang="en-US"> Net chnage in open trade equity from future forwords and options. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_NetGainLossOnInvestmentsNetOfNoncontrollingInterestsPerShare" xlink:to="frfd_NetGainLossOnInvestmentsNetOfNoncontrollingInterestsPerShare_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_NetGainLossOnInvestmentsNetOfNoncontrollingInterestsPerShare_doc" xml:lang="en-US"> Net gain loss on investments net of noncontrolling interests per share. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_NetIncomeLossPerShare" xlink:to="frfd_NetIncomeLossPerShare_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_NetIncomeLossPerShare_doc" xml:lang="en-US"> Net income loss per share. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_NetInvestmentIncomeLossToAverageNetAssets" xlink:to="frfd_NetInvestmentIncomeLossToAverageNetAssets_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_NetInvestmentIncomeLossToAverageNetAssets_doc" xml:lang="en-US"> Net investment income loss to average net assets. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_NetRealizedGainlossOnFuturesForwardsAndOptions" xlink:to="frfd_NetRealizedGainlossOnFuturesForwardsAndOptions_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_NetRealizedGainlossOnFuturesForwardsAndOptions_doc" xml:lang="en-US"> Net realized gain/(loss) on futures, forwards and options. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_NetRealizedGainlossOnPrivateInvestmentCompanies" xlink:to="frfd_NetRealizedGainlossOnPrivateInvestmentCompanies_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_NetRealizedGainlossOnPrivateInvestmentCompanies_doc" xml:lang="en-US"> Net realized gain/(loss) on private investment companies. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_NetRealizedGainlossOnSwapContracts" xlink:to="frfd_NetRealizedGainlossOnSwapContracts_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_NetRealizedGainlossOnSwapContracts_doc" xml:lang="en-US"> Net realized gain/(loss) on swap contracts. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_NetRealizedGainlossOnU.s.TreasurySecurities" xlink:to="frfd_NetRealizedGainlossOnU.s.TreasurySecurities_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_NetRealizedGainlossOnU.s.TreasurySecurities_doc" xml:lang="en-US"> Net realized gain/(loss) on U.S. Treasury securities. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_NetUnrealizedGainlossOnPrivateInvestmentCompanies" xlink:to="frfd_NetUnrealizedGainlossOnPrivateInvestmentCompanies_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_NetUnrealizedGainlossOnPrivateInvestmentCompanies_doc" xml:lang="en-US"> Net unrealized gain/(loss) on private investment companies. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_NetUnrealizedGainlossOnSwapContracts" xlink:to="frfd_NetUnrealizedGainlossOnSwapContracts_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_NetUnrealizedGainlossOnSwapContracts_doc" xml:lang="en-US"> Net unrealized gain/(loss) on swap contracts. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_NetUnrealizedGainlossOnU.s.TreasurySecurities" xlink:to="frfd_NetUnrealizedGainlossOnU.s.TreasurySecurities_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_NetUnrealizedGainlossOnU.s.TreasurySecurities_doc" xml:lang="en-US"> Net unrealized gain/(loss) on U.S. Treasury securities. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_OpenTradeDeficit" xlink:to="frfd_OpenTradeDeficit_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_OpenTradeDeficit_doc" xml:lang="en-US"> Open Trade Deficit </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_OpenTradeEquity" xlink:to="frfd_OpenTradeEquity_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_OpenTradeEquity_doc" xml:lang="en-US"> Open trade equity. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_OpenTradeEquityDeficit" xlink:to="frfd_OpenTradeEquityDeficit_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_OpenTradeEquityDeficit_doc" xml:lang="en-US"> Open trade equity (Deficit). </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_OpenTradeEquityDeficitMember" xlink:to="frfd_OpenTradeEquityDeficitMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_OpenTradeEquityDeficitMember_doc" xml:lang="en-US"> It represents oprn trade equity deficit. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_OpenTradeEquityMember" xlink:to="frfd_OpenTradeEquityMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_OpenTradeEquityMember_doc" xml:lang="en-US"> Open trade equity. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_OperatingExpensesPerShare" xlink:to="frfd_OperatingExpensesPerShare_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_OperatingExpensesPerShare_doc" xml:lang="en-US"> Operating expenses per share. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_OptionTradingMember" xlink:to="frfd_OptionTradingMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_OptionTradingMember_doc" xml:lang="en-US"> Information by option trading. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_OwnerRedemptionsPayable" xlink:to="frfd_OwnerRedemptionsPayable_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_OwnerRedemptionsPayable_doc" xml:lang="en-US"> Owner redemptions payable. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_OwnerRedemptionsPayablePolicyTextBlock" xlink:to="frfd_OwnerRedemptionsPayablePolicyTextBlock_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_OwnerRedemptionsPayablePolicyTextBlock_doc" xml:lang="en-US"> Owner redemptions payable. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_PaidInRedemptions" xlink:to="frfd_PaidInRedemptions_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_PaidInRedemptions_doc" xml:lang="en-US"> Amount of paid in redemptions. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_PartnersCapitalAccountExchangesAndConversion" xlink:to="frfd_PartnersCapitalAccountExchangesAndConversion_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_PartnersCapitalAccountExchangesAndConversion_doc" xml:lang="en-US"> Change in control of ownership - Trading Companies. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_PartnersCapitalIncludingOtherOwnershipInterests" xlink:to="frfd_PartnersCapitalIncludingOtherOwnershipInterests_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_PartnersCapitalIncludingOtherOwnershipInterests_doc" xml:lang="en-US"> Partners capital including other ownership interests. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_PaymentForOwnerRedemptionsPayable" xlink:to="frfd_PaymentForOwnerRedemptionsPayable_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_PaymentForOwnerRedemptionsPayable_doc" xml:lang="en-US"> Owner redemptions payable. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_PaymentForRedemptionOfCapital" xlink:to="frfd_PaymentForRedemptionOfCapital_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_PaymentForRedemptionOfCapital_doc" xml:lang="en-US"> Payment for redemption of capital. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_PendingOwnerAdditionsPolicyTextBlock" xlink:to="frfd_PendingOwnerAdditionsPolicyTextBlock_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_PendingOwnerAdditionsPolicyTextBlock_doc" xml:lang="en-US"> Pending owner additions. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_PercentageOfAggregateInterestIncome" xlink:to="frfd_PercentageOfAggregateInterestIncome_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_PercentageOfAggregateInterestIncome_doc" xml:lang="en-US"> Percentage of aggregate interest income. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_PercentageOfAssetsInvestedInSuchTradingCompany" xlink:to="frfd_PercentageOfAssetsInvestedInSuchTradingCompany_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_PercentageOfAssetsInvestedInSuchTradingCompany_doc" xml:lang="en-US"> Percentage of assets invested in such trading company. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_PercentageOfAverageDailyNavChargedAsServiceFees" xlink:to="frfd_PercentageOfAverageDailyNavChargedAsServiceFees_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_PercentageOfAverageDailyNavChargedAsServiceFees_doc" xml:lang="en-US"> Percentage of average daily NAV charged as a service fees. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_PercentageOfContributesFundsToTrust" xlink:to="frfd_PercentageOfContributesFundsToTrust_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_PercentageOfContributesFundsToTrust_doc" xml:lang="en-US"> Percentage of contributes funds to trust. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_PercentageOfEffectiveFeesOnDateOfPurchase" xlink:to="frfd_PercentageOfEffectiveFeesOnDateOfPurchase_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_PercentageOfEffectiveFeesOnDateOfPurchase_doc" xml:lang="en-US"> Percentage of effective fees on date of purchase. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_PercentageOfEmbeddedManagementFees" xlink:to="frfd_PercentageOfEmbeddedManagementFees_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_PercentageOfEmbeddedManagementFees_doc" xml:lang="en-US"> Percentage of embedded management fees. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_PercentageOfFairValueOfSwapsAndEmbeddedIncentiveFees" xlink:to="frfd_PercentageOfFairValueOfSwapsAndEmbeddedIncentiveFees_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_PercentageOfFairValueOfSwapsAndEmbeddedIncentiveFees_doc" xml:lang="en-US"> Percentage of fair value of swaps and embedded incentive fees. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_PercentageOfFcmFee" xlink:to="frfd_PercentageOfFcmFee_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_PercentageOfFcmFee_doc" xml:lang="en-US"> Percentage of FCM fee. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_PercentageOfIncentiveFee" xlink:to="frfd_PercentageOfIncentiveFee_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_PercentageOfIncentiveFee_doc" xml:lang="en-US"> Percentage of incentive fee. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_PercentageOfIndexExposureTotal" xlink:to="frfd_PercentageOfIndexExposureTotal_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_PercentageOfIndexExposureTotal_doc" xml:lang="en-US"> Percentage of index exposure total. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_PercentageOfInterestInSpecificSeries" xlink:to="frfd_PercentageOfInterestInSpecificSeries_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_PercentageOfInterestInSpecificSeries_doc" xml:lang="en-US"> Percentage of interest in specific series of trust. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_PercentageOfInterestIncomePaymentToManagingOwner" xlink:to="frfd_PercentageOfInterestIncomePaymentToManagingOwner_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_PercentageOfInterestIncomePaymentToManagingOwner_doc" xml:lang="en-US"> Percentage of interest income payment to managing owner. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_PercentageOfInterestIsRetainedByRespectiveSeries" xlink:to="frfd_PercentageOfInterestIsRetainedByRespectiveSeries_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_PercentageOfInterestIsRetainedByRespectiveSeries_doc" xml:lang="en-US"> Percentage of interest is retained by respective series. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_PercentageOfInvestedAssetsManagesByTradingCompany" xlink:to="frfd_PercentageOfInvestedAssetsManagesByTradingCompany_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_PercentageOfInvestedAssetsManagesByTradingCompany_doc" xml:lang="en-US"> Percentage of invested assets manages by trading company. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_PercentageOfManagementFee" xlink:to="frfd_PercentageOfManagementFee_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_PercentageOfManagementFee_doc" xml:lang="en-US"> Percentage of management fee. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_PercentageOfMinimumPurchaseCommitment" xlink:to="frfd_PercentageOfMinimumPurchaseCommitment_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_PercentageOfMinimumPurchaseCommitment_doc" xml:lang="en-US"> Percentage of minimum purchase commitment. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_PercentageOfNavChargedAsServiceFees" xlink:to="frfd_PercentageOfNavChargedAsServiceFees_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_PercentageOfNavChargedAsServiceFees_doc" xml:lang="en-US"> Percentage of NAV charged as a service fees. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_PercentageOfOwnershipInterest" xlink:to="frfd_PercentageOfOwnershipInterest_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_PercentageOfOwnershipInterest_doc" xml:lang="en-US"> Percentage of ownership interest. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_PercentageOfSeriesNav" xlink:to="frfd_PercentageOfSeriesNav_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_PercentageOfSeriesNav_doc" xml:lang="en-US"> Percentage of series NAV. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_PercentageOfServiceFee" xlink:to="frfd_PercentageOfServiceFee_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_PercentageOfServiceFee_doc" xml:lang="en-US"> Percentage of service fee. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_PercentageOfTrustsAssetsWereDepositedWithOverthecounterCounterparties" xlink:to="frfd_PercentageOfTrustsAssetsWereDepositedWithOverthecounterCounterparties_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_PercentageOfTrustsAssetsWereDepositedWithOverthecounterCounterparties_doc" xml:lang="en-US"> Percentage of trust’s assets were deposited with over-the-counter counterparties. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_PortionOfManagingOwnerOngoingServiceFeeChargedToLimitedOwners" xlink:to="frfd_PortionOfManagingOwnerOngoingServiceFeeChargedToLimitedOwners_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_PortionOfManagingOwnerOngoingServiceFeeChargedToLimitedOwners_doc" xml:lang="en-US"> Portion of managing owner ongoing service fee charged to limited owners. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_PrepaidInitialServiceFees" xlink:to="frfd_PrepaidInitialServiceFees_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_PrepaidInitialServiceFees_doc" xml:lang="en-US"> Prepaid initial service fees. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_PrivateInvestmentCompaniesMember" xlink:to="frfd_PrivateInvestmentCompaniesMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_PrivateInvestmentCompaniesMember_doc" xml:lang="en-US"> Private investment companies. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ProceedsFromCollateralReduction" xlink:to="frfd_ProceedsFromCollateralReduction_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_ProceedsFromCollateralReduction_doc" xml:lang="en-US"> Proceeds from collateral reduction </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ProceedsFromSaleOfCapital" xlink:to="frfd_ProceedsFromSaleOfCapital_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_ProceedsFromSaleOfCapital_doc" xml:lang="en-US"> Proceeds from sale of capital. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ProceedsFromSaleOfUnits" xlink:to="frfd_ProceedsFromSaleOfUnits_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_ProceedsFromSaleOfUnits_doc" xml:lang="en-US"> Proceeds from sale of units. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ProceedsFromSalesOfInvestmentsOfUnconsolidatedTradingCompanies" xlink:to="frfd_ProceedsFromSalesOfInvestmentsOfUnconsolidatedTradingCompanies_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_ProceedsFromSalesOfInvestmentsOfUnconsolidatedTradingCompanies_doc" xml:lang="en-US"> Proceeds from sales of investments of unconsolidated trading companies. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_PurchaseAndSalesOfPrivateInvestmentCompaniesPolicyTextBlock" xlink:to="frfd_PurchaseAndSalesOfPrivateInvestmentCompaniesPolicyTextBlock_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_PurchaseAndSalesOfPrivateInvestmentCompaniesPolicyTextBlock_doc" xml:lang="en-US"> Purchase and sales of private investment companies. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_PurchaseOfInvestments" xlink:to="frfd_PurchaseOfInvestments_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_PurchaseOfInvestments_doc" xml:lang="en-US"> Purchase of investments. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_PurchaseOfPrivateInvestmentCompanies" xlink:to="frfd_PurchaseOfPrivateInvestmentCompanies_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_PurchaseOfPrivateInvestmentCompanies_doc" xml:lang="en-US"> Purchase of private investment companies. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_PurchaseOfUsTreasurySecurities" xlink:to="frfd_PurchaseOfUsTreasurySecurities_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_PurchaseOfUsTreasurySecurities_doc" xml:lang="en-US"> Purchase of us treasury securities. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_PurchasesOfInvestmentsOfUnconsolidatedTradingCompanies" xlink:to="frfd_PurchasesOfInvestmentsOfUnconsolidatedTradingCompanies_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_PurchasesOfInvestmentsOfUnconsolidatedTradingCompanies_doc" xml:lang="en-US"> Purchases of investments of unconsolidated trading companies. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_RatioOfReturnToAverageNetAssets" xlink:to="frfd_RatioOfReturnToAverageNetAssets_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_RatioOfReturnToAverageNetAssets_doc" xml:lang="en-US"> Amount of ratio of return to average net assets. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_RealizedGainlossOnFuturesForwardsAndOptions" xlink:to="frfd_RealizedGainlossOnFuturesForwardsAndOptions_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_RealizedGainlossOnFuturesForwardsAndOptions_doc" xml:lang="en-US"> Realized gain loss on futures for wards and options. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_RealizedGainlossOnPrivateInvestmentCompanies" xlink:to="frfd_RealizedGainlossOnPrivateInvestmentCompanies_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_RealizedGainlossOnPrivateInvestmentCompanies_doc" xml:lang="en-US"> Realized gain loss on private investment companies. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_RealizedGainlossOnUsTreasurySecurities" xlink:to="frfd_RealizedGainlossOnUsTreasurySecurities_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_RealizedGainlossOnUsTreasurySecurities_doc" xml:lang="en-US"> Realized gain loss on us treasury securities. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_RealizedTradingRevenueFromFuturesForwardsAndOptionsMember" xlink:to="frfd_RealizedTradingRevenueFromFuturesForwardsAndOptionsMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_RealizedTradingRevenueFromFuturesForwardsAndOptionsMember_doc" xml:lang="en-US"> Realized trading revenue from future forwords and options. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_RedemptionsNoticePeriod" xlink:to="frfd_RedemptionsNoticePeriod_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_RedemptionsNoticePeriod_doc" xml:lang="en-US"> Redemptions notice period. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_RedemptionsPayable" xlink:to="frfd_RedemptionsPayable_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_RedemptionsPayable_doc" xml:lang="en-US"> Redemptions payable. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_RedemptionsPermitted" xlink:to="frfd_RedemptionsPermitted_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_RedemptionsPermitted_doc" xml:lang="en-US"> Redemptions permitted. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_RedemptionsReceivableFromPrivateInvestmentCompanies" xlink:to="frfd_RedemptionsReceivableFromPrivateInvestmentCompanies_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_RedemptionsReceivableFromPrivateInvestmentCompanies_doc" xml:lang="en-US"> Redemptions receivable from private investment companies. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ReductionOfCollateralInSwapContracts" xlink:to="frfd_ReductionOfCollateralInSwapContracts_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_ReductionOfCollateralInSwapContracts_doc" xml:lang="en-US"> Reduction of collateral in swap contracts. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ReturnAfterIncentiveFeesToAverageNetAssets" xlink:to="frfd_ReturnAfterIncentiveFeesToAverageNetAssets_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_ReturnAfterIncentiveFeesToAverageNetAssets_doc" xml:lang="en-US"> Return after incentive fees to average net assets. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ReturnBeforeIncentiveFeesToAverageNetAssets" xlink:to="frfd_ReturnBeforeIncentiveFeesToAverageNetAssets_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_ReturnBeforeIncentiveFeesToAverageNetAssets_doc" xml:lang="en-US"> Return before incentive fees to average net assets. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_RiskAnalysisFees" xlink:to="frfd_RiskAnalysisFees_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_RiskAnalysisFees_doc" xml:lang="en-US"> Risk analysis fees. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_RiskAnalysisFeesPayable" xlink:to="frfd_RiskAnalysisFeesPayable_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_RiskAnalysisFeesPayable_doc" xml:lang="en-US"> Risk analysis fees payable </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_RiskAnalysisFeesPayable1" xlink:to="frfd_RiskAnalysisFeesPayable1_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_RiskAnalysisFeesPayable1_doc" xml:lang="en-US"> Risk analysis fees payable </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_SaleOfPrivateInvestmentCompanies" xlink:to="frfd_SaleOfPrivateInvestmentCompanies_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_SaleOfPrivateInvestmentCompanies_doc" xml:lang="en-US"> Sale of private investment companies. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_SalesOfSwapContracts" xlink:to="frfd_SalesOfSwapContracts_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_SalesOfSwapContracts_doc" xml:lang="en-US"> Sales of swap contracts. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_SalesOfUsTreasurySecurities" xlink:to="frfd_SalesOfUsTreasurySecurities_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_SalesOfUsTreasurySecurities_doc" xml:lang="en-US"> Sales of us treasury securities. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ScheduleOfEquityBalancesTableTextBlock" xlink:to="frfd_ScheduleOfEquityBalancesTableTextBlock_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_ScheduleOfEquityBalancesTableTextBlock_doc" xml:lang="en-US"> Schedule of interest paid by each series to managing owner. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ScheduleOfFeesEarnedByManagingOwnerTableTextBlock" xlink:to="frfd_ScheduleOfFeesEarnedByManagingOwnerTableTextBlock_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_ScheduleOfFeesEarnedByManagingOwnerTableTextBlock_doc" xml:lang="en-US"> Schedule of fees earned by managing owner. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ScheduleOfFeesPayableToManagingOwnerTableTextBlock" xlink:to="frfd_ScheduleOfFeesPayableToManagingOwnerTableTextBlock_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_ScheduleOfFeesPayableToManagingOwnerTableTextBlock_doc" xml:lang="en-US"> Schedule of fees payable to managing owner. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ScheduleOfFinancialHighlightsOfTrustTableTextBlock" xlink:to="frfd_ScheduleOfFinancialHighlightsOfTrustTableTextBlock_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_ScheduleOfFinancialHighlightsOfTrustTableTextBlock_doc" xml:lang="en-US"> Tabular information of financial highlights of trust. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ScheduleOfInvestmentInDerivativeSwapTableTextBlock" xlink:to="frfd_ScheduleOfInvestmentInDerivativeSwapTableTextBlock_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_ScheduleOfInvestmentInDerivativeSwapTableTextBlock_doc" xml:lang="en-US"> Schedule of investment in derivative swap. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ScheduleOfMonthlyAveragesOfFuturesContractsTableTextBlock" xlink:to="frfd_ScheduleOfMonthlyAveragesOfFuturesContractsTableTextBlock_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_ScheduleOfMonthlyAveragesOfFuturesContractsTableTextBlock_doc" xml:lang="en-US"> Tabular information of monthly averages of futures contracts. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ScheduleOfNetTradingGainLossTableTextBlock" xlink:to="frfd_ScheduleOfNetTradingGainLossTableTextBlock_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_ScheduleOfNetTradingGainLossTableTextBlock_doc" xml:lang="en-US"> Schedule of net trading gain loss. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ScheduleOfOffsettingDerivativesFinancialAssetsAndFinancialLiabilitiesTableTextBlock" xlink:to="frfd_ScheduleOfOffsettingDerivativesFinancialAssetsAndFinancialLiabilitiesTableTextBlock_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_ScheduleOfOffsettingDerivativesFinancialAssetsAndFinancialLiabilitiesTableTextBlock_doc" xml:lang="en-US"> Tabular information of offsetting derivatives financial assets and financial liabilities. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ScheduleOfUnrealizedDerivativeLossesIncludedInRegulatoryAssetsAndRealizedLossesRecognizedInStatementOfFinancialPerformanceTableTextBlock" xlink:to="frfd_ScheduleOfUnrealizedDerivativeLossesIncludedInRegulatoryAssetsAndRealizedLossesRecognizedInStatementOfFinancialPerformanceTableTextBlock_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_ScheduleOfUnrealizedDerivativeLossesIncludedInRegulatoryAssetsAndRealizedLossesRecognizedInStatementOfFinancialPerformanceTableTextBlock_doc" xml:lang="en-US"> Schedule of unrealized derivative losses included in regulatory assets and realized losses recognized in statement of financial performance. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_SelectFundMember" xlink:to="frfd_SelectFundMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_SelectFundMember_doc" xml:lang="en-US"> It represents select fund. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_SeriesOfFrontierFundsMember" xlink:to="frfd_SeriesOfFrontierFundsMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_SeriesOfFrontierFundsMember_doc" xml:lang="en-US"> Series of frontier funds. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ServiceFeesPayable" xlink:to="frfd_ServiceFeesPayable_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_ServiceFeesPayable_doc" xml:lang="en-US"> Amount of service fees payable. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ServiceFeesPayableToManagingOwner" xlink:to="frfd_ServiceFeesPayableToManagingOwner_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_ServiceFeesPayableToManagingOwner_doc" xml:lang="en-US"> Service Fees Payable To Managing Owner </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ShortFuturesContractsMember" xlink:to="frfd_ShortFuturesContractsMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_ShortFuturesContractsMember_doc" xml:lang="en-US"> Short futures contracts. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_StockIndicesMember" xlink:to="frfd_StockIndicesMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_StockIndicesMember_doc" xml:lang="en-US"> It represents stock indices. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_SubscriptionInAdvanceForServiceFeeRebates" xlink:to="frfd_SubscriptionInAdvanceForServiceFeeRebates_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_SubscriptionInAdvanceForServiceFeeRebates_doc" xml:lang="en-US"> Subscription in advance for service fee rebates. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_SubscriptionsInAdvanceForServiceFeeRebates" xlink:to="frfd_SubscriptionsInAdvanceForServiceFeeRebates_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_SubscriptionsInAdvanceForServiceFeeRebates_doc" xml:lang="en-US"> Subscriptions in advance for service fee rebates. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_SubscriptionsPayableToPrivateInvestmentCompanies" xlink:to="frfd_SubscriptionsPayableToPrivateInvestmentCompanies_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_SubscriptionsPayableToPrivateInvestmentCompanies_doc" xml:lang="en-US"> Subscriptions payable private investment companies. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_SubscriptionsinAdvance" xlink:to="frfd_SubscriptionsinAdvance_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_SubscriptionsinAdvance_doc" xml:lang="en-US"> The amount of subscriptions in advance for service fee rebates. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_SummarizedBalanceSheetAndIncomeStatementForUnconsolidatedInvestmentsTableTextBlock" xlink:to="frfd_SummarizedBalanceSheetAndIncomeStatementForUnconsolidatedInvestmentsTableTextBlock_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_SummarizedBalanceSheetAndIncomeStatementForUnconsolidatedInvestmentsTableTextBlock_doc" xml:lang="en-US"> Private investment companies have certain redemption and liquidity restrictions. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_SwapContracts" xlink:to="frfd_SwapContracts_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_SwapContracts_doc" xml:lang="en-US"> Swap contracts. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_SwapContractsMember" xlink:to="frfd_SwapContractsMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_SwapContractsMember_doc" xml:lang="en-US"> It represents swap contract. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_TradingActivitiesAndRelatedRisksTextBlock" xlink:to="frfd_TradingActivitiesAndRelatedRisksTextBlock_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_TradingActivitiesAndRelatedRisksTextBlock_doc" xml:lang="en-US"> Trading activities and related risks. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_TradingFeesPayable" xlink:to="frfd_TradingFeesPayable_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_TradingFeesPayable_doc" xml:lang="en-US"> Amount of trading fees payable. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_TradingFeesPayableToManagingOwner" xlink:to="frfd_TradingFeesPayableToManagingOwner_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_TradingFeesPayableToManagingOwner_doc" xml:lang="en-US"> Trading fees payable to Managing Owner </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_TrailingRiskAnalysisFeesPayableToManagingOwner" xlink:to="frfd_TrailingRiskAnalysisFeesPayableToManagingOwner_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_TrailingRiskAnalysisFeesPayableToManagingOwner_doc" xml:lang="en-US"> Trailing risk analysis fees payable to managing owner. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_TrailingServiceFeesPayableToManagingOwner" xlink:to="frfd_TrailingServiceFeesPayableToManagingOwner_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_TrailingServiceFeesPayableToManagingOwner_doc" xml:lang="en-US"> Trailing service fees payable to managing owner. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_TransferOfUnitsInout" xlink:to="frfd_TransferOfUnitsInout_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_TransferOfUnitsInout_doc" xml:lang="en-US"> Transfer of Units. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_TrendFollowingMember" xlink:to="frfd_TrendFollowingMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_TrendFollowingMember_doc" xml:lang="en-US"> It represents trade following. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_TrustHadPayableForInterestFees" xlink:to="frfd_TrustHadPayableForInterestFees_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_TrustHadPayableForInterestFees_doc" xml:lang="en-US"> Trust had payable for interest fees. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_TrustMember" xlink:to="frfd_TrustMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_TrustMember_doc" xml:lang="en-US"> It represents trust. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_TrustPaidInterestIncomeToManagingOwner" xlink:to="frfd_TrustPaidInterestIncomeToManagingOwner_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_TrustPaidInterestIncomeToManagingOwner_doc" xml:lang="en-US"> Trust paid interest income to managing owner. </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_USTreasuryNoteSixPointEightSevenFivePercentMember" xlink:label="frfd_USTreasuryNoteSixPointEightSevenFivePercentMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_USTreasuryNoteSixPointEightSevenFivePercentMember" xlink:to="frfd_USTreasuryNoteSixPointEightSevenFivePercentMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_USTreasuryNoteSixPointEightSevenFivePercentMember_doc" xml:lang="en-US"> Us treasury notes ix point eight seven five percent. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_UnrealizedGainlossOnPrivateInvestmentCompanies" xlink:to="frfd_UnrealizedGainlossOnPrivateInvestmentCompanies_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_UnrealizedGainlossOnPrivateInvestmentCompanies_doc" xml:lang="en-US"> Unrealized gain loss on private investment companies. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_UnrealizedGainlossOnSwapContracts" xlink:to="frfd_UnrealizedGainlossOnSwapContracts_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_UnrealizedGainlossOnSwapContracts_doc" xml:lang="en-US"> Unrealized gain loss on swap contracts. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_UnrealizedGainlossOnUsTreasurySecurities" xlink:to="frfd_UnrealizedGainlossOnUsTreasurySecurities_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_UnrealizedGainlossOnUsTreasurySecurities_doc" xml:lang="en-US"> Unrealized gain loss on us treasury securities. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_UnrealizedTradingRevenueFromFuturesForwardsAndOptionsMember" xlink:to="frfd_UnrealizedTradingRevenueFromFuturesForwardsAndOptionsMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_UnrealizedTradingRevenueFromFuturesForwardsAndOptionsMember_doc" xml:lang="en-US"> Unrelized trading revenue from future forwords and options. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_UsTreasuryInterestAndPremiumPaidamortized" xlink:to="frfd_UsTreasuryInterestAndPremiumPaidamortized_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_UsTreasuryInterestAndPremiumPaidamortized_doc" xml:lang="en-US"> Us treasury interest and premium paid amortized. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_UsTreasuryNote2Member" xlink:to="frfd_UsTreasuryNote2Member_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_UsTreasuryNote2Member_doc" xml:lang="en-US"> Us treasury note 2. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_UsTreasuryNoteMember" xlink:to="frfd_UsTreasuryNoteMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_UsTreasuryNoteMember_doc" xml:lang="en-US"> Us treasury note. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_UsTreasurySecuritiesPolicyTextBlock" xlink:to="frfd_UsTreasurySecuritiesPolicyTextBlock_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_UsTreasurySecuritiesPolicyTextBlock_doc" xml:lang="en-US"> U.S. Treasury Securities. </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_VariousAgricultureFuturesContractsCanadaMember" xlink:label="frfd_VariousAgricultureFuturesContractsCanadaMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_VariousAgricultureFuturesContractsCanadaMember" xlink:to="frfd_VariousAgricultureFuturesContractsCanadaMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_VariousAgricultureFuturesContractsCanadaMember_doc" xml:lang="en-US"> Various agriculture futures contracts canada. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_VariousAgricultureFuturesContractsMember" xlink:to="frfd_VariousAgricultureFuturesContractsMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_VariousAgricultureFuturesContractsMember_doc" xml:lang="en-US"> Various agriculture futures contracts. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_VariousAgricultureFuturesContractsUsMember" xlink:to="frfd_VariousAgricultureFuturesContractsUsMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_VariousAgricultureFuturesContractsUsMember_doc" xml:lang="en-US"> Various agriculture futures contracts us. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_VariousAgricultureMetalsFuturesContractsUsMember" xlink:to="frfd_VariousAgricultureMetalsFuturesContractsUsMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_VariousAgricultureMetalsFuturesContractsUsMember_doc" xml:lang="en-US"> Various agriculture metals futures contracts US. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_VariousBaseMetalsFuturesContractsUsMember" xlink:to="frfd_VariousBaseMetalsFuturesContractsUsMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_VariousBaseMetalsFuturesContractsUsMember_doc" xml:lang="en-US"> Various base metals futures contracts us. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_VariousCurrencyForwardsContractsMember" xlink:to="frfd_VariousCurrencyForwardsContractsMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_VariousCurrencyForwardsContractsMember_doc" xml:lang="en-US"> Various currency forwards contracts. </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_VariousCurrencyFuturesContractsEuropeMember" xlink:label="frfd_VariousCurrencyFuturesContractsEuropeMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_VariousCurrencyFuturesContractsEuropeMember" xlink:to="frfd_VariousCurrencyFuturesContractsEuropeMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_VariousCurrencyFuturesContractsEuropeMember_doc" xml:lang="en-US"> Various currency futures contracts europe. </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_VariousCurrencyFuturesContractsFarEasrMember" xlink:label="frfd_VariousCurrencyFuturesContractsFarEasrMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_VariousCurrencyFuturesContractsFarEasrMember" xlink:to="frfd_VariousCurrencyFuturesContractsFarEasrMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_VariousCurrencyFuturesContractsFarEasrMember_doc" xml:lang="en-US"> Various currency futures contracts far east. </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_VariousCurrencyFuturesContractsLatinAmericaMember" xlink:label="frfd_VariousCurrencyFuturesContractsLatinAmericaMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_VariousCurrencyFuturesContractsLatinAmericaMember" xlink:to="frfd_VariousCurrencyFuturesContractsLatinAmericaMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_VariousCurrencyFuturesContractsLatinAmericaMember_doc" xml:lang="en-US"> Various currency futures contract slat in america. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_VariousCurrencyFuturesContractsOceanicMember" xlink:to="frfd_VariousCurrencyFuturesContractsOceanicMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_VariousCurrencyFuturesContractsOceanicMember_doc" xml:lang="en-US"> Various currency futures contracts oceanic. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_VariousEnergyFuturesContractsMember" xlink:to="frfd_VariousEnergyFuturesContractsMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_VariousEnergyFuturesContractsMember_doc" xml:lang="en-US"> Various energy futures contracts. </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_VariousInterestRatesFuturesContractsCanadaMember" xlink:label="frfd_VariousInterestRatesFuturesContractsCanadaMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_VariousInterestRatesFuturesContractsCanadaMember" xlink:to="frfd_VariousInterestRatesFuturesContractsCanadaMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_VariousInterestRatesFuturesContractsCanadaMember_doc" xml:lang="en-US"> Various interest rates futures contracts Canada. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_VariousInterestRatesFuturesContractsEuropeMember" xlink:to="frfd_VariousInterestRatesFuturesContractsEuropeMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_VariousInterestRatesFuturesContractsEuropeMember_doc" xml:lang="en-US"> Various interest rates futures contracts Europe. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_VariousInterestRatesFuturesContractsFarEastMember" xlink:to="frfd_VariousInterestRatesFuturesContractsFarEastMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_VariousInterestRatesFuturesContractsFarEastMember_doc" xml:lang="en-US"> Various interest rates futures contracts far east. </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_VariousInterestRatesFuturesContractsOceanicMember" xlink:label="frfd_VariousInterestRatesFuturesContractsOceanicMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_VariousInterestRatesFuturesContractsOceanicMember" xlink:to="frfd_VariousInterestRatesFuturesContractsOceanicMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_VariousInterestRatesFuturesContractsOceanicMember_doc" xml:lang="en-US"> Various interest rates futures contracts oceanic. </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_VariousInterestRatesFuturesContractsUsMember" xlink:label="frfd_VariousInterestRatesFuturesContractsUsMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_VariousInterestRatesFuturesContractsUsMember" xlink:to="frfd_VariousInterestRatesFuturesContractsUsMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_VariousInterestRatesFuturesContractsUsMember_doc" xml:lang="en-US"> Various interest rates futures contracts us. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_VariousPreciousMetalFuturesContractsMember" xlink:to="frfd_VariousPreciousMetalFuturesContractsMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_VariousPreciousMetalFuturesContractsMember_doc" xml:lang="en-US"> Various precious metal futures contracts. </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_VariousPreciousMetalFuturesContractsUSMember" xlink:label="frfd_VariousPreciousMetalFuturesContractsUSMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_VariousPreciousMetalFuturesContractsUSMember" xlink:to="frfd_VariousPreciousMetalFuturesContractsUSMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_VariousPreciousMetalFuturesContractsUSMember_doc" xml:lang="en-US"> Various precious metal futures contracts us. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_VariousSoftFuturesContractsFarEastMember" xlink:to="frfd_VariousSoftFuturesContractsFarEastMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_VariousSoftFuturesContractsFarEastMember_doc" xml:lang="en-US"> Various so futures contracts far east. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_VariousSoftFuturesContractsUsMember" xlink:to="frfd_VariousSoftFuturesContractsUsMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_VariousSoftFuturesContractsUsMember_doc" xml:lang="en-US"> various so futures contracts us. </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_VariousStockIndexFuturesContractsAfricaMember" xlink:label="frfd_VariousStockIndexFuturesContractsAfricaMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_VariousStockIndexFuturesContractsAfricaMember" xlink:to="frfd_VariousStockIndexFuturesContractsAfricaMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_VariousStockIndexFuturesContractsAfricaMember_doc" xml:lang="en-US"> Various stock index futures contracts africa. </link:label>
<link:loc xlink:type="locator" xlink:href="frfd-20200630.xsd#frfd_VariousStockIndexFuturesContractsCanadaMember" xlink:label="frfd_VariousStockIndexFuturesContractsCanadaMember"/>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_VariousStockIndexFuturesContractsCanadaMember" xlink:to="frfd_VariousStockIndexFuturesContractsCanadaMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_VariousStockIndexFuturesContractsCanadaMember_doc" xml:lang="en-US"> Various stock index futures contracts canada. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_VariousStockIndexFuturesContractsEuropeMember" xlink:to="frfd_VariousStockIndexFuturesContractsEuropeMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_VariousStockIndexFuturesContractsEuropeMember_doc" xml:lang="en-US"> Various stock index futures contracts europe. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_VariousStockIndexFuturesContractsFarEastMember" xlink:to="frfd_VariousStockIndexFuturesContractsFarEastMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_VariousStockIndexFuturesContractsFarEastMember_doc" xml:lang="en-US"> Various stock index futures contracts far east. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_VariousStockIndexFuturesContractsOceanicMember" xlink:to="frfd_VariousStockIndexFuturesContractsOceanicMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_VariousStockIndexFuturesContractsOceanicMember_doc" xml:lang="en-US"> Various stock index futures contracts oceanic. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_VariousStockIndexFuturesContractsUsMember" xlink:to="frfd_VariousStockIndexFuturesContractsUsMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_VariousStockIndexFuturesContractsUsMember_doc" xml:lang="en-US"> Various stock index futures contracts us. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_WintonFundMember" xlink:to="frfd_WintonFundMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_WintonFundMember_doc" xml:lang="en-US"> It represents winton fund. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_XXXIVBalancedSelectSwapMember" xlink:to="frfd_XXXIVBalancedSelectSwapMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_XXXIVBalancedSelectSwapMember_doc" xml:lang="en-US"> It represents XXXIV balance select swap. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_XXXVDiversifiedSelectSwapMember" xlink:to="frfd_XXXVDiversifiedSelectSwapMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_XXXVDiversifiedSelectSwapMember_doc" xml:lang="en-US"> It represents XXXV diversified select swap. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_XXXVIILSSelectSwapMember" xlink:to="frfd_XXXVIILSSelectSwapMember_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_XXXVIILSSelectSwapMember_doc" xml:lang="en-US"> It represents XXXVII select swap </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_OtherFees" xlink:to="frfd_OtherFees_doc" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="frfd_OtherFees_doc" xml:lang="en-US"> Other fees payment. </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_UsTreasuryNote1Member" xlink:to="frfd_UsTreasuryNote1Member_2_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_UsTreasuryNote1Member_2_lbl" xml:lang="en-US"> UsTreasuryNote1Member </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_UsTreasuryNote2Member" xlink:to="frfd_UsTreasuryNote2Member_3_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_UsTreasuryNote2Member_3_lbl" xml:lang="en-US"> Increase Decrease In Incentive Fees Payable To Managing Owner </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_BalanceFundMember" xlink:to="frfd_BalanceFundMember_3_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_BalanceFundMember_3_lbl" xml:lang="en-US"> Series of Frontier Funds [Member] </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ClassTwoOneMember" xlink:to="frfd_ClassTwoOneMember_3_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_ClassTwoOneMember_3_lbl" xml:lang="en-US"> ClassTwoOneMember </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ClassOneApClassTwoOneClassThreeOneMember" xlink:to="frfd_ClassOneApClassTwoOneClassThreeOneMember_3_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_ClassOneApClassTwoOneClassThreeOneMember_3_lbl" xml:lang="en-US"> ClassOneApClassTwoOneClassThreeOneMember </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_FrontierSelectFundMember" xlink:to="frfd_FrontierSelectFundMember_3_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_FrontierSelectFundMember_3_lbl" xml:lang="en-US"> FrontierSelectFundMember </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_FrontierTradingCompanyXXXVIIILLCMember" xlink:to="frfd_FrontierTradingCompanyXXXVIIILLCMember_3_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_FrontierTradingCompanyXXXVIIILLCMember_3_lbl" xml:lang="en-US"> FrontierTradingCompanyXXXVIIILLCMember </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_GalaxyPlusFundQIMFeederFund526LLCMember" xlink:to="frfd_GalaxyPlusFundQIMFeederFund526LLCMember_3_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_GalaxyPlusFundQIMFeederFund526LLCMember_3_lbl" xml:lang="en-US"> Increase Decrease Trading Fees Payable To Managing Owner </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_GalaxyPlusFundWeltonGDPFeederFund538LLCMember" xlink:to="frfd_GalaxyPlusFundWeltonGDPFeederFund538LLCMember_3_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_GalaxyPlusFundWeltonGDPFeederFund538LLCMember_3_lbl" xml:lang="en-US"> GalaxyPlusFundWeltonGDPFeederFund538LLCMember </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_GalaxyPlusFundAspectFeederFund532LLCMember" xlink:to="frfd_GalaxyPlusFundAspectFeederFund532LLCMember_3_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_GalaxyPlusFundAspectFeederFund532LLCMember_3_lbl" xml:lang="en-US"> Various Soft Futures Contracts Singapore [Member] </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_GalaxyPlusFundFortContrarianFeederFund510LLCMember" xlink:to="frfd_GalaxyPlusFundFortContrarianFeederFund510LLCMember_3_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_GalaxyPlusFundFortContrarianFeederFund510LLCMember_3_lbl" xml:lang="en-US"> GalaxyPlusFundFortContrarianFeederFund510LLCMember </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_FrontierFundsMember" xlink:to="frfd_FrontierFundsMember_3_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_FrontierFundsMember_3_lbl" xml:lang="en-US"> FrontierFundsMember </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_UsTreasuryNoteTwoMember" xlink:to="frfd_UsTreasuryNoteTwoMember_2_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_UsTreasuryNoteTwoMember_2_lbl" xml:lang="en-US"> UsTreasuryNoteTwoMember </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_USTreasurySecuritiesTwoMember" xlink:to="frfd_USTreasurySecuritiesTwoMember_2_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_USTreasurySecuritiesTwoMember_2_lbl" xml:lang="en-US"> USTreasurySecuritiesTwoMember </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_VariousstockindexfuturescontractsU.S.Member" xlink:to="frfd_VariousstockindexfuturescontractsU.S.Member_2_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_VariousstockindexfuturescontractsU.S.Member_2_lbl" xml:lang="en-US"> VariousstockindexfuturescontractsU.S.Member </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_GlobalFundOne1Member" xlink:to="frfd_GlobalFundOne1Member_3_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_GlobalFundOne1Member_3_lbl" xml:lang="en-US"> Investments in Unconsolidated Trading Companies </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_GalaxyPlusFundQuestFeederFund517LLCMember" xlink:to="frfd_GalaxyPlusFundQuestFeederFund517LLCMember_3_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_GalaxyPlusFundQuestFeederFund517LLCMember_3_lbl" xml:lang="en-US"> GalaxyPlusFundQuestFeederFund517LLCMember </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_Assets" xlink:to="us-gaap_Assets_2_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_Assets_2_lbl" xml:lang="en-US"> Assets </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_OpenTradeDeficit" xlink:to="frfd_OpenTradeDeficit_3_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_OpenTradeDeficit_3_lbl" xml:lang="en-US"> Open trade deficit, at fair value </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_Liabilities" xlink:to="us-gaap_Liabilities_2_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_Liabilities_2_lbl" xml:lang="en-US"> Liabilities </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_MembersEquityAttributableToNoncontrollingInterest" xlink:to="us-gaap_MembersEquityAttributableToNoncontrollingInterest_2_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_MembersEquityAttributableToNoncontrollingInterest_2_lbl" xml:lang="en-US"> Members' Equity Attributable to Noncontrolling Interest </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PartnersCapital" xlink:to="us-gaap_PartnersCapital_4_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PartnersCapital_4_lbl" xml:lang="en-US"> Partners' Capital </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LiabilitiesAndStockholdersEquity" xlink:to="us-gaap_LiabilitiesAndStockholdersEquity_2_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LiabilitiesAndStockholdersEquity_2_lbl" xml:lang="en-US"> Liabilities and Equity </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InvestmentIncomeNet" xlink:to="us-gaap_InvestmentIncomeNet_2_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InvestmentIncomeNet_2_lbl" xml:lang="en-US"> Investment Income, Net </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingExpenses" xlink:to="us-gaap_OperatingExpenses_2_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OperatingExpenses_2_lbl" xml:lang="en-US"> Operating Expenses </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_InvestmentIncomeInvestmentExpense1" xlink:to="frfd_InvestmentIncomeInvestmentExpense1_2_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_InvestmentIncomeInvestmentExpense1_2_lbl" xml:lang="en-US"> InvestmentIncomeInvestmentExpense1 </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NoninterestExpenseCommissionExpense" xlink:to="us-gaap_NoninterestExpenseCommissionExpense_3_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NoninterestExpenseCommissionExpense_3_lbl" xml:lang="en-US"> Noninterest Expense Commission Expense </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_GainLossOnInvestments" xlink:to="us-gaap_GainLossOnInvestments_2_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_GainLossOnInvestments_2_lbl" xml:lang="en-US"> Gain (Loss) on Investments </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax" xlink:to="us-gaap_NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax_2_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax_2_lbl" xml:lang="en-US"> Net Income (Loss), Per Outstanding Limited Partnership Unit, Basic, Net of Tax </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PartnersCapitalAccountUnitsRedeemed" xlink:to="us-gaap_PartnersCapitalAccountUnitsRedeemed_2_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PartnersCapitalAccountUnitsRedeemed_2_lbl" xml:lang="en-US"> Partners' Capital Account, Units, Redeemed </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_NetAssetValue" xlink:to="frfd_NetAssetValue_4_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_NetAssetValue_4_lbl" xml:lang="en-US"> Net Asset Value </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_RealizedGainlossOnFuturesForwardsAndOptions" xlink:to="frfd_RealizedGainlossOnFuturesForwardsAndOptions_3_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_RealizedGainlossOnFuturesForwardsAndOptions_3_lbl" xml:lang="en-US"> Open trade equity, at fair value [Default Label] </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ChangeInOwnershipAllocationOfUsTreasurySecuritiesNet" xlink:to="frfd_ChangeInOwnershipAllocationOfUsTreasurySecuritiesNet_3_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_ChangeInOwnershipAllocationOfUsTreasurySecuritiesNet_3_lbl" xml:lang="en-US"> Net change in ownership allocation of U.S. Treasury securities </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_UnrealizedGainlossOnSwapContracts" xlink:to="frfd_UnrealizedGainlossOnSwapContracts_3_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_UnrealizedGainlossOnSwapContracts_3_lbl" xml:lang="en-US"> UnrealizedGainlossOnSwapContracts </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_NetRealizedGainlossOnSwapContract" xlink:to="frfd_NetRealizedGainlossOnSwapContract_2_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_NetRealizedGainlossOnSwapContract_2_lbl" xml:lang="en-US"> NetRealizedGainlossOnSwapContract </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_UnrealizedGainlossOnUsTreasurySecurities" xlink:to="frfd_UnrealizedGainlossOnUsTreasurySecurities_3_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_UnrealizedGainlossOnUsTreasurySecurities_3_lbl" xml:lang="en-US"> UnrealizedGainlossOnUsTreasurySecurities </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_UnrealizedGainlossOnPrivateInvestmentCompanies" xlink:to="frfd_UnrealizedGainlossOnPrivateInvestmentCompanies_3_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_UnrealizedGainlossOnPrivateInvestmentCompanies_3_lbl" xml:lang="en-US"> UnrealizedGainlossOnPrivateInvestmentCompanies </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_RealizedGainlossOnPrivateInvestmentCompanies" xlink:to="frfd_RealizedGainlossOnPrivateInvestmentCompanies_3_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_RealizedGainlossOnPrivateInvestmentCompanies_3_lbl" xml:lang="en-US"> Due from Managing Owner [Default Label] </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_PurchasesOfSwapContracts" xlink:to="frfd_PurchasesOfSwapContracts_2_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_PurchasesOfSwapContracts_2_lbl" xml:lang="en-US"> Interest Fees Payable To Managing Owner </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_PurchaseOfUsTreasurySecurities" xlink:to="frfd_PurchaseOfUsTreasurySecurities_3_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_PurchaseOfUsTreasurySecurities_3_lbl" xml:lang="en-US"> Schedule of financial highlights of trust [Default Label] </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_PurchaseOfPrivateInvestmentCompanies" xlink:to="frfd_PurchaseOfPrivateInvestmentCompanies_3_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_PurchaseOfPrivateInvestmentCompanies_3_lbl" xml:lang="en-US"> Schedule of interest paid by each series to managing owner [Default Label] </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions" xlink:to="us-gaap_IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions_2_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions_2_lbl" xml:lang="en-US"> Income (Loss) from Equity Method Investments, Net of Dividends or Distributions </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInAccruedInterestReceivableNet" xlink:to="us-gaap_IncreaseDecreaseInAccruedInterestReceivableNet_2_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncreaseDecreaseInAccruedInterestReceivableNet_2_lbl" xml:lang="en-US"> Increase (Decrease) in Accrued Interest Receivable, Net </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_IncreaseDecreaseInReceivableFromFuturesCommissionMerchants" xlink:to="frfd_IncreaseDecreaseInReceivableFromFuturesCommissionMerchants_3_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_IncreaseDecreaseInReceivableFromFuturesCommissionMerchants_3_lbl" xml:lang="en-US"> Increase Decrease In Receivable From Futures Commission Merchants </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PartnersCapitalAccountExchangesAndConversions" xlink:to="us-gaap_PartnersCapitalAccountExchangesAndConversions_2_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PartnersCapitalAccountExchangesAndConversions_2_lbl" xml:lang="en-US"> Partners' Capital Account, Exchanges and Conversions </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ReceivableFromOtherSeries" xlink:to="frfd_ReceivableFromOtherSeries_2_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_ReceivableFromOtherSeries_2_lbl" xml:lang="en-US"> ReceivableFromOtherSeries </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInDueFromRelatedParties" xlink:to="us-gaap_IncreaseDecreaseInDueFromRelatedParties_2_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncreaseDecreaseInDueFromRelatedParties_2_lbl" xml:lang="en-US"> Increase (Decrease) in Due from Related Parties </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_DuesFromManagingOwner" xlink:to="frfd_DuesFromManagingOwner_3_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_DuesFromManagingOwner_3_lbl" xml:lang="en-US"> DuesFromManagingOwner </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInOtherOperatingAssets" xlink:to="us-gaap_IncreaseDecreaseInOtherOperatingAssets_2_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncreaseDecreaseInOtherOperatingAssets_2_lbl" xml:lang="en-US"> Increase (Decrease) in Other Operating Assets </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_RedemptionReceivableFromPrivateInvestmentCompanies" xlink:to="frfd_RedemptionReceivableFromPrivateInvestmentCompanies_2_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_RedemptionReceivableFromPrivateInvestmentCompanies_2_lbl" xml:lang="en-US"> RedemptionReceivableFromPrivateInvestmentCompanies </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_IncreaseDecreaseInManagementFeesPayableToManagingOwner" xlink:to="frfd_IncreaseDecreaseInManagementFeesPayableToManagingOwner_3_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_IncreaseDecreaseInManagementFeesPayableToManagingOwner_3_lbl" xml:lang="en-US"> Increase Decrease In Management Fees Payable To Managing Owner </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_InterestPayableToManagingOwner" xlink:to="frfd_InterestPayableToManagingOwner_3_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_InterestPayableToManagingOwner_3_lbl" xml:lang="en-US"> Net Gain Loss On Investments Net Of Noncontrolling Interests Per Share </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_IncreaseDecreaseTradingFeesPayableToManagingOwner" xlink:to="frfd_IncreaseDecreaseTradingFeesPayableToManagingOwner_3_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_IncreaseDecreaseTradingFeesPayableToManagingOwner_3_lbl" xml:lang="en-US"> IncreaseDecreaseTradingFeesPayableToManagingOwner </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_IncreaseDecreaseInServiceFeesPayableToManagingOwner" xlink:to="frfd_IncreaseDecreaseInServiceFeesPayableToManagingOwner_3_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_IncreaseDecreaseInServiceFeesPayableToManagingOwner_3_lbl" xml:lang="en-US"> Increase Decrease In Service Fees Payable To Managing Owner </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_DueToManagingOwner" xlink:to="frfd_DueToManagingOwner_3_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_DueToManagingOwner_3_lbl" xml:lang="en-US"> Due to Managing Owner </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_RiskAnalysisFeesPayable1" xlink:to="frfd_RiskAnalysisFeesPayable1_3_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_RiskAnalysisFeesPayable1_3_lbl" xml:lang="en-US"> RiskAnalysisFeesPayable1 </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_SubscriptionInAdvanceForServiceFeeRebates" xlink:to="frfd_SubscriptionInAdvanceForServiceFeeRebates_3_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_SubscriptionInAdvanceForServiceFeeRebates_3_lbl" xml:lang="en-US"> Schedule of fees payable to managing owner [Default Label] </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInOtherOperatingLiabilities" xlink:to="us-gaap_IncreaseDecreaseInOtherOperatingLiabilities_2_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncreaseDecreaseInOtherOperatingLiabilities_2_lbl" xml:lang="en-US"> Increase (Decrease) in Other Operating Liabilities </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetCashProvidedByUsedInOperatingActivities" xlink:to="us-gaap_NetCashProvidedByUsedInOperatingActivities_2_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivities_2_lbl" xml:lang="en-US"> Net Cash Provided by (Used in) Operating Activities </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_PaymentForRedemptionOfCapital" xlink:to="frfd_PaymentForRedemptionOfCapital_3_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_PaymentForRedemptionOfCapital_3_lbl" xml:lang="en-US"> Payment for redemption of capital </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PaymentsForRepurchaseOfEquity" xlink:to="us-gaap_PaymentsForRepurchaseOfEquity_2_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PaymentsForRepurchaseOfEquity_2_lbl" xml:lang="en-US"> Payments for Repurchase of Equity </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_RedemptionOfUnitsIncludingTransfers" xlink:to="frfd_RedemptionOfUnitsIncludingTransfers_2_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_RedemptionOfUnitsIncludingTransfers_2_lbl" xml:lang="en-US"> RedemptionOfUnitsIncludingTransfers </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_RedemptionsPayable" xlink:to="frfd_RedemptionsPayable_3_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_RedemptionsPayable_3_lbl" xml:lang="en-US"> UnrealizedGainlossOnSwapContracts [Default Label] </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetCashProvidedByUsedInFinancingActivities" xlink:to="us-gaap_NetCashProvidedByUsedInFinancingActivities_2_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivities_2_lbl" xml:lang="en-US"> Net Cash Provided by (Used in) Financing Activities </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect" xlink:to="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect_2_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect_2_lbl" xml:lang="en-US"> Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Excluding Exchange Rate Effect </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_OwnerRedemptionsPayablePolicyTextBlock" xlink:to="frfd_OwnerRedemptionsPayablePolicyTextBlock_3_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_OwnerRedemptionsPayablePolicyTextBlock_3_lbl" xml:lang="en-US"> Owner Redemptions Payable [Policy Text Block] </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SubsequentEventsPolicyPolicyTextBlock" xlink:to="us-gaap_SubsequentEventsPolicyPolicyTextBlock_2_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SubsequentEventsPolicyPolicyTextBlock_2_lbl" xml:lang="en-US"> Subsequent Events, Policy [Policy Text Block] </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue" xlink:to="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue_3_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue_3_lbl" xml:lang="en-US"> Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarningsUnrealized" xlink:to="frfd_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarningsUnrealized_3_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarningsUnrealized_3_lbl" xml:lang="en-US"> Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings Unrealized </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ChangeInFairValueOfInvestmentsInUnconsolidatedTradingCompanies" xlink:to="frfd_ChangeInFairValueOfInvestmentsInUnconsolidatedTradingCompanies_3_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_ChangeInFairValueOfInvestmentsInUnconsolidatedTradingCompanies_3_lbl" xml:lang="en-US"> ChangeInFairValueOfInvestmentsInUnconsolidatedTradingCompanies </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisChangeInOwnershipAllocation" xlink:to="frfd_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisChangeInOwnershipAllocation_3_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisChangeInOwnershipAllocation_3_lbl" xml:lang="en-US"> Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Change In Ownership Allocation </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_FairValueMeasuredOnRecurringBasisTransfersInAndorOut" xlink:to="frfd_FairValueMeasuredOnRecurringBasisTransfersInAndorOut_3_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_FairValueMeasuredOnRecurringBasisTransfersInAndorOut_3_lbl" xml:lang="en-US"> FairValueMeasuredOnRecurringBasisTransfersInAndorOut </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtSecuritiesRealizedGainLoss" xlink:to="us-gaap_DebtSecuritiesRealizedGainLoss_2_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DebtSecuritiesRealizedGainLoss_2_lbl" xml:lang="en-US"> Debt Securities, Realized Gain (Loss) </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_UnrealizedGainLossOnInvestments" xlink:to="us-gaap_UnrealizedGainLossOnInvestments_2_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_UnrealizedGainLossOnInvestments_2_lbl" xml:lang="en-US"> Unrealized Gain (Loss) on Investments </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ManagementFeePayable" xlink:to="us-gaap_ManagementFeePayable_2_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ManagementFeePayable_2_lbl" xml:lang="en-US"> Management Fee Payable </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_ServiceFeesPayable" xlink:to="frfd_ServiceFeesPayable_3_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_ServiceFeesPayable_3_lbl" xml:lang="en-US"> ServiceFeesPayable </link:label>
<link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frfd_NetAssetValues" xlink:to="frfd_NetAssetValues_4_lbl" xlink:type="arc"/>
<link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frfd_NetAssetValues_4_lbl" xml:lang="en-US"> NetAssetValues </link:label>
</link:labelLink>
</link:linkbase>

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