Monday, October 18, 2010

RBC HEDGE 250 INDEX® RETURNED 2.20 PERCENT IN SEPTEMBER 2010

The RBC Hedge 250 Index® had a net return of 2.20 percent for the month of September 2010. This brings the year-to-date return of the Index to 2.54 percent. These returns are estimated and will be finalized by the middle of next month. The return for August 2010 has been finalized at 0.12 percent.

The RBC Hedge 250 Index is a non-investable benchmark of the performance of the hedge fund industry. The Index operates in accordance with a unique construction methodology. The Universe on which the Index is based currently consists of 3,791 hedge funds (excludes funds of hedge funds) with aggregate assets under management of $892 billion.

_____Index Level Sep-10 Aug-10 YTD ITD
Hedge 250 122.19 2.20% 0.12% 2.54% 22.19%

Relative Value

Convertible Arbitrage 0.42% 0.62% -1.45% 17.16%
Equity Market Neutral 1.92% -0.73% -0.72% 7.96%
Fixed Income Arbitrage 1.44% 1.40% 12.52% 26.11%

Tactical

Equity Long/Short 3.45% -0.77% 1.12% 46.70%
Macro 1.21% 1.35% 1.58% 14.20%
Managed Futures 2.13% 3.39% 3.77% 63.81%

Event Driven

Credit 1.81% -0.36% 6.50% 7.83%
Mergers & Special Situations 3.54% -0.79% 5.27% 37.38%

Multi-Strategy

Multi-Strategy 1.01% 0.30% 3.64% 3.69%

Table contains estimated returns, except for the August returns, which are final.

Inception Date is July 1, 2005. Index Level at inception was 100.00.

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