Corporate Press Release

Press Release

The Credit Suisse Hedge Fund Index finished up 0.36% in May

The Credit Suisse Hedge Fund Index (the "Broad Index") finished up 0.36% for the month of May.

Performance for the Broad Index and its 10 sub-strategies is calculated monthly. April, May and year-to-date 2016 performance numbers are listed below and are available at www.hedgeindex.com.

Index May 2016 Apr 2016 YTD 2016
Broad Index 0.36% 0.34% -1.52%
Convertible Arbitrage 0.58% 1.48% 1.68%
Dedicated Short Bias -0.65% -4.33% -5.81%
Emerging Markets -0.21% 1.21% -0.25%
Equity Market Neutral 0.21% -0.87% -1.02%
Event Driven 1.01% 1.67% -1.94%
Distressed 0.80% 1.62% 0.44%
Risk Arbitrage 0.48% -0.23% 2.38%
Event Driven Multi-Strategy 1.11% 1.72% -2.89%
Fixed Income Arbitrage 0.12% 1.42% 0.30%
Global Macro -0.23% 0.25% -2.21%
Long/Short Equity 1.38% -0.70% -3.20%
Managed Futures -3.20% -3.04% -2.07%
Multi-Strategy 0.94% 0.40% 0.75%
Changes to Index Composition  
Funds Added Funds Removed
None

Aster-X Europe Fund.

Brummer & Partners Zenit

Henderson Japan Absolute Return Fund Limited

Permal US Opportunities Ltd

Schultze Partners

Trend Macro Fund LP

Additional information about the Credit Suisse Hedge Fund Indexes -- including research, fund performance and constituent fund information -- can be found at http://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.