The Dow Jones Credit Suisse Core Hedge Fund Index closed down 0.82% in March as most of the index component strategies reported negative results for March.

The Dow Jones Credit Suisse Core Hedge Fund Index provides daily published index values which seek to enable investors to track the impact of market events on the hedge fund industry.

        Index                                         Mar-12 Feb-12 YTD 2012
        Dow Jones Credit Suisse Core Hedge Fund Index -0.82% 1.31%  2.75%
        Convertible Arbitrage                         0.18%  2.34%  6.09%
        Emerging Markets                              -0.98% 1.83%  2.64%
        Event Driven                                  -0.02% 1.47%  4.39%
        Fixed Income Arbitrage                        0.05%  0.43%  1.42%
        Global Macro                                  -0.06% 0.93%  2.84%
        Long/Short Equity                             -2.54% 2.05%  2.65%
        Managed Futures                               -2.11% 0.69%  -0.50%