Top-Performer last 36 Month

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HEDGEweb Index

Name	Category	Date	1 Year	3 Years
1. Guardian Fund, LP	Hedge Fund	12/2011	75.07%	563.73%
2. Gramercy Argentina Oppt. Fund	Hedge Fund	12/2011	-18.21%	519.29%
3. Ping Exceptional Value Fund Offshore Ltd.	Hedge Fund	12/2011	2.19%	513.74%
4. AlphaNorth Partners Fund	Hedge Fund	12/2011	2.54%	471.11%
5. J.W. Partners, L.P.	Hedge Fund	12/2011	102.16%	375.16%
6. Senvest Israel Partners, L.P.	Hedge Fund	12/2011	-8.46%	329.98%
7. Toro Capital I	Hedge Fund	12/2011	24.71%	328.04%
8. Structured Servicing Holdings, L.P.	Hedge Fund	12/2011	19.13%	322.06%
9. Metacapital Mortgage Opportunities Fund	Hedge Fund	12/2011	22.54%	321.42%
10. Russian Prosperity Fund USD (C)	Hedge Fund	11/2011	-1.84%	292.83%
11. Prosperity Cub Fund	Hedge Fund	12/2011	-17.57%	286.28%
12. Phoenix Gold Fund	Hedge Fund	10/2011	-8.82%	285.76%
13. Shearwater Fund - USD class	Hedge Fund	12/2011	15.48%	283.11%
14. Russian Prosperity Fund USD (A)	Hedge Fund	12/2011	-18.05%	257.16%
15. Shearwater Fund - EUR Class	Hedge Fund	12/2011	17.17%	256.87%
16. Quantedge Global Fund	Hedge Fund	12/2011	32.86%	255.37%
17. AIS Gold Fund L.P.	Hedge Fund	12/2011	-31.65%	254.65%
18. Troika Russia Fund 6 Monthly Class USD	Hedge Fund	12/2011	-29.34%	254.29%
19. Midway Market Neutral Fund	Hedge Fund	12/2011	22.24%	249.86%
20. Midas Partners LLC	Hedge Fund	12/2011	29.24%	249.65%

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