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.


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.