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Alternative Market Briefing

Porcupine Global Macro Plus Fund at +2.43% in September (+16.31% YTD), fund will now offer monthly liquidity
Tuesday, October 21, 2008

From the Opalesque team: Opalesque has learned that Porcupine Global Macro Plus Fund has returned +2.43% for the month of September (16.31% YTD). According to communications with investors, the fund will continue to hold large cash positions and move forward with caution during the current market uncertainties. Additionally the Fund, which previously offered quarterly liquidity will begin in November to offer monthly liquidity (with 20 days notice).

The investment objective of the Fund is to generate positive absolute returns while managing down......................

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