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Credit Suisse Liquid Alternative Beta (“LAB”) Index Down 2.05% in June

The Credit Suisse Liquid Alternative Beta Index ("CSLAB"), which aims to reflect the performance of the overall hedge fund industry, finished down 2.05% in June. The Merger Arbitrage strategy was the strongest performer, finishing down 0.25% in June. The Managed Futures strategy remains the highest performer year-to-date, up 3.00%.