Corporate Press Release

Press Release

The Credit Suisse Hedge Fund Index finished up 0.96% in December

The Credit Suisse Hedge Fund Index (the “Broad Index”) finished up 0.96% for the month of December

Performance for the Broad Index and its 10 sub-strategies is calculated monthly. November, December and 2016 performance numbers are listed below and are available at www.hedgeindex.com.

Index December 2016 November 2016 YTD 2016
Broad Index 0.96% 0.36% 1.25%
Convertible Arbitrage 0.39% -0.04% 6.60%
Dedicated Short Bias 0.35% -2.43% -16.87%
Emerging Markets -0.17% -0.48% 4.47%
Equity Market Neutral -0.50% -1.89% -4.58%
Event Driven 1.23% 1.10% 2.68%
Distressed 1.34% 1.07% 6.38%
Risk Arbitrage 0.60% 0.75% 5.89%
Event Driven Multi-Strategy 1.20% 1.13% 1.25%
Fixed Income Arbitrage 0.91% 0.50% 4.29%
Global Macro 1.08% 1.93% 3.58%
Long/Short Equity 0.86% -0.13% -3.43%
Managed Futures 0.20% -1.74% -6.84%
Multi-Strategy 1.58% -0.52% 4.41%
Changes to Index Composition  
Funds Added Funds Removed

None

Clovis Capital Partners

Contrarian Capital Fund

Island Drive Partners

Additional information about the Credit Suisse Hedge Fund Indexes – including research, fund performance and constituent fund information – can be found at www.hedgeindex.com.

It is not possible to invest directly in an index. Investors pursuing a strategy similar to an index may experience higher or lower returns and will bear the cost of fees and expenses that will reduce returns.

Past performance is not a guarantee or indicator of future results.

Credit Suisse Asset Management, LLC is a subsidiary of Credit Suisse and is headquartered at 1 Madison Avenue, New York, NY 10010-3629.