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Benchmark Performance Summary Index Value Return
  Nov 08 Oct 08 Nov 08 Oct 08 YTD
Credit Suisse/Tremont Hedge Fund Index 351.20 366.39 -4.15% -6.30% -19.04%
Convertible Arbitrage 223.82 228.10 -1.88% -12.59% -30.92%
Dedicated Short Bias 90.46 87.79 3.04% 9.66% 16.83%
Emerging Markets 263.92 268.95 -1.87% -13.63% -30.56%
Equity Market Neutral 224.54 377.08 -40.45% -1.83% -40.56%
Event Driven 400.56 413.85 -3.21% -5.09% -16.69%
Distressed 463.96 488.38 -5.00% -5.66% -18.41%
E.D. Multi-Strategy 372.86 381.13 -2.17% -4.77% -15.83%
Risk Arbitrage 273.26 273.31 -0.02% -3.06% -4.79%
Fixed Income Arbitrage 168.13 178.11 -5.60% -14.04% -28.24%
Global Macro 576.30 567.56 1.54% -5.13% -5.67%
Long/Short Equity 397.78 403.48 -1.41% -7.13% -20.60%
Managed Futures 277.61 268.96 3.22% 4.96% 15.59%
Multi-Strategy 280.04 293.63 -4.63% -6.94% -22.45%

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© 1999 - 2007 Credit Suisse Tremont Index LLC. All rights reserved.
This communication is for informational purposes only. It is not intended as investment advice, or an offer or solicitation for the purchase or sale of any financial instrument. No market data or other information is warranted by Credit Suisse Tremont Index LLC or its subsidiaries and affiliates as to completeness or accuracy, express or implied, and is subject to change without notice. Any comments or statements made herein do not necessarily reflect those of Credit Suisse, Tremont Capital Management, Inc., or their respective subsidiaries, affiliates, officers or employees. Credit Suisse, Tremont Capital Management, Inc., and their respective subsidiaries, affiliates, officers, and employees may have issued other communications that are inconsistent with, and reach different conclusions from, the information presented herein. Those communications reflect the assumptions, views, and analytical methods of the persons that prepared them. (continued...)






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