Since Apr 2004
20 Oct 2017  MTD YTD Annualized Return Annualized Volatility                 Max Drawdown           Max Trough to Peak Perf Sharpe Ratio Excess Return Tracking Error Info Ratio Beta Treynor Ratio Ann. Alpha R squared Correlation
QAM Global Class A: 271.12 3.49% 26.24% 7.65% 17.59% -44.26% Apr16  60 Mths  282.51% Apr11  83 Mths            0.35 2.70% 19.12% 14%           0.38 16.5% 4.90% 10.56% 32.49%
QAM Global Class B: 148.5 3.14% 31.83% 11.19% 18.96% -55.64% Feb09  16 Mths  347.70% Oct17  161 Mths            0.52 6.24% 9.38% 66%           1.09 8.9% 5.91% 76.09% 87.23%
MSCI AC World : 465.48 1.95% 17.67% 4.95% 15.13% -56.23% Feb09  16 Mths  165.21% Oct17  104 Mths            0.23  1Y US T-Bill [Rf] 1.42%  100.00%
Monthly Return Jan 17 Feb 17 Mar 17 Apr 17 May 17 Jun 17 Jul 17 Aug 17 Sep 17 Oct 17     YTD          Monthly Perf attribution for Class A
QAM Global Class A 0.72% 0.73% 1.71% -1.31% 2.83% 1.24% 3.65% 7.89% 2.88% 3.49% 0.00% 0.00% 26.24% Oct-2017 Long 4.85%
QAM Global Class B 3.59% 2.80% 2.09% 0.28% 3.46% 0.34% 2.75% 4.93% 4.74% 3.14% 0.00% 0.00% 31.83% Short -1.37%
MSCI AC World 2.68% 2.63% 0.98% 1.40% 1.89% 0.28% 2.69% 0.17% 1.77% 1.95% 0.00% 0.00% 17.67% Net 3.49%
Remark : Performance of Class B before listed date (1 Oct 2013) was carved-out from Class A. The offical NAV numbers will be released around 15th of following month by Apex Fund Service. # Estimates