2013 2012 2011 Ann. Return Ann. Vol Max Drawdownl Equity Diversified Ytd Avg. 2014 (2.10%) Ytd Avg. 2014 Equity Diversified/Asia (1.47%) MACQUARIE ASIAN ALPHA FUND 30 Sep 05 M $1'102M 1.854.85 02 May 0.20% 0.49% 9.04% 4.41% 9.11% 9.52% 6.27% (14.05%) Nick Bird Mar 14 14 Oct 07 - Apr 09 PAN ASIA