Fund Finder

Fund	Manager	Inception	Target Returns	Volatility (Risk)
The Evergreen Fund	Blue Ink Investments	November 2002	Cash + 2%	3 - 5% p.a
The Redwood Fund	Blue Ink Investments	August 2001	Cash + 4%	6 - 8% p.a
The Blue Sky Fund	Blue Ink Investments	November 2002	Cash + 6%	10 - 12% p.a
The Big Oak Fund	Blue Ink Investments	May 2006	Cash + 8%	15 - 18% p.a
The Blue Ink-Ubator Diversified Fund	Blue Ink-Ubator	September 2007	Cash + 6%	10 - 12% p.a
Fixed Income Fund	Blue Ink Investments	December 2008
Equity Market Neutral Fund	Blue Ink Investments	December 2008
Long Short Conservative Fund	Blue Ink Investments	December 2008
Long Short Aggressive Fund	Blue Ink Investments	December 2008
Aspen Yield Fund	Blue Ink Investments	March 2005
Aspen Accelerator Fund	Blue Ink Investments	March 2005
Aspen Accumulator Fund	Blue Ink Investments	March 2005

The Evergreen Fund

A conservative fund of hedge funds that aims to provide consistent, positive returns over a 3-year investment period.
This fund is predominately exposed to managers invested in fixed income instruments and uncorrelated equity based investment strategies.

The fund’s long-term target return objective is cash plus 2%.

The Redwood Fund

A balanced, multi-strategy fund of hedge funds that aims to provide positive, risk-adjusted returns over a 3 to 5 year investment period, whilst maintaining a limited level of correlation to equity markets.

This fund has an exposure to a diverse range of managers, asset classes and investment strategies.

The fund’s long-term target return objective is cash plus 4%.

The Blue Sky Fund

A diversified fund of hedge funds that aims to provide equity like returns over a 3 to 5 year investment period, whilst limiting short term volatility.

This fund has a significant exposure to managers using equity based investment strategies.

The fund’s long-term target return objective is cash plus 6%.

The Big Oak Fund

A concentrated fund of hedge funds that aims to provide equity like returns, over a 3 to 5 year investment period.
This fund employs a limited number of managers and allows these managers to use above average leverage and overweight certain stocks and sectors, subject to specified mandates.

The fund’s long-term target return objective is cash plus 8%.

The Blue Ink-Ubator Diversified Fund

A diversified fund of hedge funds that aims to provide longer term absolute returns, whilst limiting short term volatility. This fund has a significant exposure to high calibre, early stage managers with varying strategies.

The fund’s long-term target return objective is cash plus 6%.

Fixed Income Fund

The fund is invested predominantly with underlying hedge funds that invest primarily in interest rate instruments. These instruments include listed and unlisted debt instruments, as well as over the counter (OTC) derivatives such as forward rate agreements (FRAs), swaps and other unlisted derivatives, as well as commercial paper issued by local institutions.

These underlying hedge funds maintain both long and short positions as well as gearing to achieve their respective returns.

The underlying funds can be neutral in terms of risk exposures, but do take directional exposure from time to time.

Equity Market Neutral Fund

The fund is invested predominantly in underlying hedge funds that invest in equities and apply a market neutral strategy with no directional bias. This implies that the underlying managers will in general maintain a net market exposure equal to zero. ((Long Positions + short positions) / fund NAV = 0). These funds maintain both long and short positions as well as gearing to achieve their respective returns. The underlying hedge funds may invest in a combination of listed as well as non-listed equities, contracts for difference (CFD’s) as well as derivative instruments.

Long Short Conservative Fund

The fund is invested predominantly in underlying equity long/short hedge funds that invest mostly in equities and apply a smaller directional bias in terms of their market exposure. This implies that the underlying managers will in general maintain a net market exposure of -30% to +40%. ((Long Positions + short positions) / fund NAV = -30% to 40%). These funds maintain both long and short positions as well as gearing to achieve their respective returns. The underlying hedge funds may invest in a combination of listed as well as non-listed equities, contracts for difference (CFD’s) as well as derivative instruments.

Long Short Aggressive Fund

The fund is invested predominantly in underlying equity long/short hedge funds that invest mostly in equities and apply a larger directional bias in terms of their market exposure. This implies that the underlying managers will in general maintain a net market exposure of -50% to 100%. ((Long Positions + short positions) / fund NAV = -50% to 100%). These funds maintain both long and short positions as well as gearing to achieve their respective returns. The underlying hedge funds may invest in a combination of listed as well as non-listed equities, contracts for difference (CFD’s) as well as derivative instruments.

Aspen Yield Fund

A low volatile/conservative fixed interest fund that aims to provide positive risk adjusted returns over a 3 year investment period. This fund currently has exposure to a combination of traditional ‘long-only’ funds and hedge funds and targets an asset allocation of 40% Absolute return funds, 35% Fixed Interest Hedge Funds and 25% Bond funds. The fund’s long-term target return objective is to achieve 60% of the All Bond Index’s return and 40% of Stefi’s return over a 3 year rolling period.

Aspen Accelerator Fund

An equity enhanced fund that aims to provide positive risk adjusted returns over a 3 year investment period. This funds equity exposure is obtained through a combination of long only managers and hedge funds, with a target asset allocation of 65% Equity funds and 35% Long/Short Equity Hedge funds. The fund’s long-term target return objective is to achieve 60% of the ALSI return and 40% of Steffi’s return over a 3 year rolling period.

Aspen Accumulator Fund

A balanced, multi strategy fund that aims to provide positive risk adjusted returns over a 3 year investment period. The fund has a target asset allocation of 35% Absolute Return Funds, 30% Equity Funds, 35% Fixed Hedge Funds. The fund’s long-term target return objective is to achieve a return equally balanced between the ALSI, ALBI and Steffi’s (Cash) return over a 3 year rolling period.