|   | MANAGED FUTURES CHARTER GRAHAM L.P.                    |   |
|--------|--------------------------------------------------------|--------|
|   | (Exact name of registrant as specified in its charter) |   |

|                                     | Delaware                                                    |       | 13-4018068                          |
|------------------------------------------|-------------------------------------------------------------|------------|-------------------------------------|
|                                     | State or other jurisdiction ofincorporation or organization |       | (I.R.S. EmployerIdentification No.) |
|                                     |                                                        |       |                                |
| Ceres Managed Futures LLC                |                                                        |       |
| 522 Fifth Avenue, 14th Floor             |                                                        |       |
| New York, NY                             |                                                        | 10036      |
| (Address of principal executive offices) |                                                        | (Zip Code) |

| Registrant’s telephone number, including area code    |   | (212) 296-1999        |
|-------------------------------------------------------------|--------|-----------------------|
|                                                        |   |                  |
| Securities registered pursuant to Section 12(b) of the Act: |   |                  |
|                                                        |   |                  |
| Title of each class                                         |   | Name of each exchange |
|                                                        |   | on which registered   |
|                                                        |   |                  |
| None                                                        |   | None                  |
|                                                        |   |                  |

| Large accelerated filer o | Accelerated filer o         |
|---------------------------|-----------------------------|
| Non-accelerated filer x   | Smaller reporting company o |

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|          | Total Trading Results                               |             Net                                                                                                          | Net Income/                                                                                                                                                                |
|---------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| Quarter Ended | including interest income                                     |                 Income/(Loss)                                                                        | (Loss) Per Unit                                                                                                                                                            |
|          |                                                                                                                                                                                                 |                                                                                                                                                                            |                                                                                                                                                                       |
| 2010          |                                                                                                                                                                                                 |                                                                                                                                                                            |                                                                                                                                                                       |
| March 31      | $    (13,364,180)                                                                                                                                                                     | $   (20,836,137)                                                                                                                                                 | $  (1.49)                           |
| June 30       |   1,397,728                                                                                                                                                                                     |    (5,947,718)                                                                                                                                                        | (0.45)                                        |
| September 30  | 13,705,254                                                                                                                                                                                           |               6,813,361                                                                                        | 0.54                                          |
| December 31   |         23,932,781                                                                                                                                                |            17,434,613                                                                                                         |   1.38                              |
|          |                                                                                                                                                                                                 |                                                                                                                                                                            |                                                                                                                                                                       |
| Total         |  $     25,671,583                                                                                                                                                      |                         $    (2,535,881) |    $ (0.02)                         |
|          |                                                                                                                                                                                                 |                                                                                                                                                                            |                                                                                                                                                                       |
|          |                                                                                                                                                                                                 |                                                                                                                                                                            |                                                                                                                                                                       |
| 2009          |                                                                                                                                                                                                 |                                                                                                                                                                            |                                                                                                                                                                       |
| March 31      | $       (4,875,075)                                                                                                                                                         | $   (16,819,838)                                                                                                                                                 | $  (1.00)                                |
| June 30       |  (9,204,328)                                                                                                                                                                                    | (17,889,607)                                                                                                                                                                    | (1.16)                                             |
| September 30  | 45,743,954                                                                                                                                                                                           |            37,584,015                                                                                                         | 2.56                                               |
| December 31   |           2,389,855                                                                                                                                     |             (8,124,815)                                                                                                  |   (0.64)                                 |
|          |                                                                                                                                                                                                 |                                                                                                                                                                            |                                                                                                                                                                       |
| Total         |  $     34,054,406                                                                                                                                                           |                         $    (5,250,245) |    $ (0.24)                         |

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|             | MORGAN STANLEY SMITH BARNEY CHARTER GRAHAM L.P. |
|------------------|-------------------------------------------------|
|             | (Registrant)                                    |
|             |                                            |   |
|             | By:                                             | Ceres managed Futures LLC |
|             |                                            | (General Partner) |
|             |                                            |   |
| February 2, 2012 | By:                                             | /s/Walter Davis |
|             |                                            | Walter Davis, |
|             |                                            | President |

| BY:    | /s/    | Walter Davis                                                         |   | February 2, 2012 |
|--------|--------|----------------------------------------------------------------------|--------|------------------|
|   |   | Walter Davis, President, Director                                    |   |             |
|   |   |                                                                 |   |             |
|   | /s/    | Brian Centner                                                        |   | February 2, 2012 |
|   |   | Brian Centner, Chief Financial Officer, Principal Accounting Officer |   |             |
|   |   |                                                                 |   |             |
|   | /s/    | Ian Bernstein                                                        |   | February 2, 2012 |
|   |   | Ian Bernstein, Director                                              |   |             |
|   |   |                                                                 |   |             |
|   | /s/    | Alper Daglioglu                                                      |   | February 2, 2012 |
|   |   | Alper Daglioglu, Director                                            |   |             |
|   |   |                                                                 |   |             |
|   | /s/    | Patrick T. Egan                                                      |   | February 2, 2012 |
|   |   | Patrick T. Egan, Director                                            |   |             |
|   |   |                                                                 |   |             |
|   | /s/    | Harry Handler                                                        |   | February 2, 2012 |
|   |   | Harry Handler, Director                                              |   |             |
|   |   |                                                                 |   |             |
|   | /s/    | Douglas J. Ketterer                                                  |   | February 2, 2012 |
|   |   | Douglas J. Ketterer, Director                                        |   |             |
|   |   |                                                                 |   |             |
|   | /s/    | Colbert Narcisse                                                     |   | February 2, 2012 |
|   |   | Colbert Narcisse, Director                                           |   |             |

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| 1.   | I have reviewed this annual report on Form 10-K/A of Morgan Stanley Smith Barney Charter Graham L.P.; |
|----------------|-------------------------------------------------------------------------------------------------------|

| 2.   | Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report; |
|----------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 3.   | Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations, and cash flows of the registrant as of, and for, the periods presented in this report; |
|----------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4.   | The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have: |
|----------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| a)   | Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared; |
|----------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| b)   | Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles; |
|----------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| c)   | Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and |
|----------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| d)   |   Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably  likely to materially affect, the registrant’s internal control over financial reporting; and |
|----------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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| 5.   | The registrant’s other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions): |
|----------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | a) | All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect  the registrant’s ability to record, process, summarize and report financial information; and |
|--------|----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | b) | Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting. |
|--------|----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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| 1. | I have reviewed this annual report on Form 10-K/A of Morgan Stanley Smith Barney Charter Graham L.P.; |
|----|-------------------------------------------------------------------------------------------------------|

| 2. | Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report; |
|----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 3. | Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report; |
|----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4. | The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have: |
|----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  a) | Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared; |
|----------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  b) | Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles; |
|----------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  c) | Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and |
|----------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  d) | Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and |
|----------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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| 5. | The registrant’s other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions): |
|----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| a) | All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and   report financial information; and |
|----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| b) | Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting. |
|----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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| (1)   | The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and |
|-----------------|-----------------------------------------------------------------------------------------------------------------------|

| (2)   | The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Partnership. |
|-----------------|----------------------------------------------------------------------------------------------------------------------------------------------------------|

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|   | (1) |   The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------|

|   | (2) |   The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Partnership. |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------|