Investment Strategies

Long Equity            

Long-only strategy invested in listed equities. Strategy profits when underlying
holdings rise in price. There are severalequity investment styles, including value,
growth, and momentum.

Fixed Income

Long-only strategy invested in fixed income securities which receives realreturn rates or
periodic income in exchange forassuming credit risk, inflation risk, interestrate risk.

Multi-Strategy

Seeks to provide limited equity betaby taking equal longand short positions, thereby
isolating the alpha component of anequity strategy.

Managed Futures

Seeks attractive risk-adjusted returnswith modest volatility and limited downside
potential by allocating across a broad rangeof absolute-return oriented strategies.