standard deviation 8.94% 14.65% 16.44% 9.81% Maximum drawdown -14.92% 41.97% -48.09% -28.86% Sharpe rail& 0.96 -0.12 0.10 0.23 Beta of Fundt 0.30 0.22 0.62 Correlation of Fund3 Correlation of Fund In down mark& 0.49 0.29 0.41 0.18 0.68 0.55 1. see page 25 for detailed performan

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