Opalesque Industry Update -The Scotiabank Canadian Hedge Fund Index ended May 2013 down 0.08% on an asset weighted basis and gained 0.39% on an equal
weighted basis. The aim of the Scotiabank Canadian Hedge Fund Index is to provide a comprehensive overview of the Canadian Hedge Fund universe. To
achieve this, index returns are calculated using both an equal weighting and an asset-based weighting of the funds. The index includes both open and closed funds with a minimum AUM of C$15 million and at least a 12 month track record of returns, managed by Canadian-domiciled hedge
The return for the asset weighted index index on a year to date basis is 7.93%, 4.36% on an equal weighted basis.