d by adjusting to exclude leverage based on the following assumptions: Convertible/Derivative Arbitrage generally assumes a leverage ratio of 31 and Portfolio Finance, which is a sub-strategy of Convertible/Derivative Arbitrage, assumes a leverage ratio of 10:1. which approximates the historic leverage in these str

ted by adjusting to exclude leverage based on the following assumptions: ConvertibiedDenvative Arbitrage geneticy assumes a leverage ratio of 31 and Portfolio Finance, which is a sub.strategy of Convenible/Derivative Arbitrage, assumes a leverage ratio of I 13 1, which approximates the historic leverage in those st

ted by adjusting to exclude leverage based on the following assumptions: ConvartibiaMenvativi Arbitrage generally assumes a leverage ratio of 31 and Portfolio Finance, which is a substratOgy of Convenible/Derivative Arbitrage, assumes a leverage ratio of I 0- I, winch approximates the historic leverage in those str