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Friedberg Global Macro Hedge Fund up 7.91% in November (22.58% YTD), may re-open end of January, Amplitude Capital fund up +7.01% in November (37.91% YTD), adds seven new markets, RAB Capital sees flat profits for 2007

Monday, December 10, 2007

Opalesque Exclusive: Friedberg Global Macro Hedge Fund up 7.91% in November (22.58% YTD), may re-open end of January Friedberg Global Macro Hedge Fund was +7.91% for November (22.58% YTD). The global macro, multi strategy fund is managed by Albert Friedberg in Toronto and has US$334.7 million AUM. The fund remains temporarily closed; in an investor communication obtained by Opalesque, Friedberg says the firm hopes to reopen in late January. Friedberg was on the right side during the credit crunch; in another investor communication on its July 2007 returns (10.06%), Friedberg said that “the skepticism we have held since January was partially vindicated this month. Much of the return was attributable to crises in credit markets. We believe a widening of the crises is likely.

Contact: Michael Grant, NCP Securities Inc., +1-416 350 2898, mgrant@niagaracapital.ca

Amplitude Capital fund up +7.01% in November (37.91% YTD), adds seven new markets London based Amplitude Capital, which trades "high highly liquid exchange-traded futures in- cluding equity indices, foreign exchange and commodities/energies" in systematic, fully automated, quantitative strategies, achieved a +7.01% net return in November, bringing its YTD to 37.91%.

In an investor communication obtained by Opalesque, Amplitude said that on 1st November, equity markets reacted abruptly to poor US economic prospects and saw most marke......................

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