Summary

Fund Performance Data

Latest NAV (USD) 0.45 YTD (as per 31st of July 2008)

Assets Under Management

$12mn

Investment Strategy

absolute return long/short hedge fund, invests into Russian and CIS stock markets using the event-driven, relative value and momentum strategies, coupled with constant portfolio hedging methods in order to enhance returns and manage portfolio risks

Investment Scope

listed companies in Russia, Kazakhstan, Ukraine and other CIS countries supported by the flow of IPOs and significant volatility levels in these markets

Instruments

stocks, options and option strategies, equity finance products

Competitive Advantages

guernsey based management company with locally based advisory team. Utilization of the world-class derivatives and investment experience using local and global brokers to generate the flow of investment ideas, macro plays and catalysts, using the set of in-house models for fundamental and quantitative analyses

Target Returns

stable absolute returns of 20%*, target volatility of 15%

Trading Setup

Cayman based open-ended fund with listing on Irish Stock Exchange

Investment Team

4 partners and Managing Directors, 2 investment directors, head of research, trader, analyst, support from other teams of Da Vinci Capital

* - Target information may not guarantee future actual returns and other targets