Definitions, Dicslosures & Sources
ManyPeaks Strategy: Returns on typical client account including all Advisory fees.
S&P 500: Represented by Standard & Poors 500 Depository Receipts (symbol SPY).
Russell 2000: Represented by iShares Russell 2000 Index ETF (symbol IWM).
Hedge Fund Index: The HFRI Fund-Weighted Composit Index. This index of the performance of over 2000 Hedge Funds is calculated and published by
Hedge Fund Research, Inc., a leading hedge fund tracking firm.
Source: Hedge Fund Research, Inc., © 2008, www.hedgefundresearch.com