Geneva Sample Reports

Transcription

1 Geneva Sample Reports

2 Contents Geneva Offers a Breadth of Reporting Choices Transactions Transaction History Report Purchase and Sales Loan and Repo Transaction Report Positions / Tax Lots Tax Lot Appraisal with Accruals Long Short Tax Lot Appraisal Cost Roll Forward Exposure Portfolio Overview Currency Exposure Summary Portfolio Exposure Summary Profit & Loss Profit and Loss Summary Periodic Profit and Loss Summary Profit and Loss by Strategy Gain Loss Changes Income Expense Master Income Accruals Report Daily Interest Accrual Detail Income Accruals and Amortization Dividend Income Expense Cash Management Cash Appraisal Cash Projection with Daily Cash Flows Fixed Income Cash Projection Cash Ledger Investment Type Specific Bank Debt Trade Detail Credit Facility Contract History Appreciation and Depreciation on Foreign Currency Contracts Open Loan and Repo Report Stock Loan Activity Swap Reset Reconciliation Fixed Income Portfolio Composition Bond Analytics Performance / Risk Periodic TWR 2-Level IRR Validation Modified Dietz Composite Dispersion Risk Statistics Historical VaR NAV & Financial Reporting Fund Structure NAV Fund Allocated Income Detail Trial Balance Multi Period Statement of Changes in Net Assets Geneva Customized Reports Fixed Income Dashboard Exposure Dashboard

3 Geneva Offers a Breadth of Reporting Choices Geneva s unique data and processing model, combined with powerful standard and custom reporting capabilities, gives you the information you need, when you need it. Whether your managers want the most recent profit and loss statement by investment strategy, your operations group needs to research a data entry error, or your accounting staff requires a closed period trial balance, Geneva can quickly deliver the data in multiple ways. All Geneva reports use the same unified set of accounting data for your investment ledger, general ledger and performance results to ensure consistency of information and to eliminate the reconciliation burden that often occurs with separate systems. Geneva s reporting function has a number of unique features. First, reports can be run as-of any date and also as-on any date. The latter means that you can reproduce any report at any time, even if the data has changed. This allows you to monitor changes to your data and track their impact on financial results, saving time in fulfilling both client and management reporting requests as well as audit and compliance requirements. And since you can virtually reproduce the database for any point in time, there s never a need to restore database back-ups. Additionally, Geneva reports can be run in three modes: Dynamic, Closed Period, and Incremental. Dynamic reports show the most recent data as-of a specified date and inclusive of any adjustments up until a specified date. In contrast, closed period reports show data up to the closed accounting period date, with any adjustments automatically pushed into the subsequent period. And finally, incremental reports compare the data from two points in time and display the changes made between those report dates. With these three reporting modes, a single set of data can effectively meet the needs of the front, middle, and back offices. Geneva s report library covers multiple phases of the investment management process, from trade and activity reporting, to position, exposure and profit and loss attribution, through financial accounting, general ledger, and performance measurement. You can also use Geneva s Data Browser to produce your own reports or enlist the Advent Custom Engineering Services team to create custom Geneva reports. Reports are available in print or professional, presentation-quality Adobe Portable Document Format (PDF) for your firm and clients, or as data extracts in multiple formats, including XML, for export to other systems. You can run reports or queries directly through the Geneva Client or through several utilities, which offer command line access, scripting, and a callable API. Geneva s supported web services APIs also allow you to access data in Geneva. When used in conjunction with Geneva Workflow Manager, you can create a fully automated reporting process, complete with scheduling, monitoring, and exception processing. This booklet contains a representative sampling of Geneva reports, which show only a few of the many reporting options that are available with Geneva s extensive reporting functionality. Be sure to read the section at the back to learn more about the broad range of custom reporting options available to you from Advent Software. 3

4 Transactions Transaction History Report Displays all transactions processed during the reporting period. For each transaction, the report displays local and book amounts, and calculates the gain/loss based on the accounting run. Mul Asset Class Fund Updated Through: 4/13/2012 4:33:33 PM Accoun ng Calendar: Mul Asset Accoun ng Period: TRANSACTION HISTORY Repor ng Period: 2/1/2008-2/29/2008 Trade Date Se le Date Transac on Type Tran ID Investment Custodian Account Quan ty Price Curren cy Currency Net Amount Book Net Amount Local Gain/Income Book Gain/Income Equi es -5, , /5/2008 2/5/2008 Split PUBLIC SVC ENTERPRISE GROUP COM JPM 2, N/A USD /5/2008 3/1/2008 Dividend INTEL CORP GS 3, USD /7/2008 3/1/2008 Dividend WW GRAINGER INC MS 1, USD /7/2008 3/1/2008 Dividend WW GRAINGER INC MS 1, USD /20/2008 3/12/2008 Dividend M CO GS.S USD /25/2008 2/28/2008 Sell PUBLIC SVC ENTERPRISE GROUP COM JPM -2, USD -122, , , , U.S. Dollars JPM 114, USD 114, , Asset Backed Securi es 128, , /15/2008 2/29/2008 Interest FHLMC REMIC SERIES % - 04/15/2033 2/15/2008 3/10/2008 Interest FHLMC REMIC SERIES % - 07/15/2033 2/15/2008 2/29/2008 Interest FHLMC REMIC SERIES % - 07/15/2033 2/25/2008 2/25/2008 Interest Chase Mortgage Fin Co2002-S6-05/25/2017-6% JPM 98, USD 49, , , , JPM 24, USD 28, , , , JPM 53, USD 49, , , , JPM USD Futures Contracts /15/2008 2/15/2008 Buy Austr 10yr Sept08 Futures DB AUD Swaps -2, , /15/2008 2/15/2008 SwapReset M Company GS Swap GS.S N/A USD , , U.S. Dollars GS.S -2, USD -2, , T16:46:51 Page 1 of 1 Geneva 4

5 Purchase and Sales Displays trade activity for a specified period. Mul Asset Class Fund Updated Through: 4/13/2012 4:33:33 PM Accoun ng Calendar: Mul Asset PURCHASES AND SALES Repor ng Period: 1/14/2008-2/29/2008 Trade Date Se le Date Tran Type Investment ID Investment Descrip on Custodian Account Quan ty Price SEC Fee Amount Book Amount Contract Date Tran ID Broker Trader Commission Expenses Currency 1/15/2008 1/18/2008 Buy MMM.GS.Swap 3M Company GS Swap Goldman Sachs Swap Account 1, /18/ USD 1/21/2008 1/24/2008 Buy 1199.HK COSCO Pacific Ltd Morgan Stanley 34, , , /24/ Morgan Stanley & Co., Incorporated Kimberly Edwards HKD 1/21/2008 1/24/2008 Buy 2038.HK Foxconn Interna onal Holdings Ltd Barclays 40, , , /24/ ROYAL SECURITIES COMPANY Karen Gonzalez HKD 1/22/2008 1/22/2008 Buy 9West 9 West 57th Street Morgan Stanley ,000, ,000, ,000, /22/ USD 2/15/2008 2/15/2008 Buy XMU8 Austr 10yr Sept08 Futures Deutsche Bank /15/ AUD 2/25/2008 2/28/2008 Sell PEG PUBLIC SVC ENTERPRISE GROUP COM JP Morgan Chase 2, , , /28/ J.P. Morgan Securi es Inc USD Total: 4,243, T16:48:07 Page 1 of 1 Geneva Transactions 5

6 Transactions Loan and Repo Transaction Report Displays all repo and reverse repo financing transactions that posted during the reporting period. Repo & Collateral Fund Updated Through: 4/13/2012 4:33:33 PM Accoun ng Calendar: Repo Accoun ng Filters: Custodian,Exclude,CS LOAN AND REPO TRANSACTION REPORT Repor ng Period: 1/1/2008-4/30/2009 Open Date Close Date Tran ID Loan ID Collateral Collateral Qty Currency Rate Loan Amount Maturity Value Interest Lendings BARC 2/4/ /30/ BAR_Repo_USD FNMA PASS-THRU LNG 30 YEAR ,535, USD % 8,840, ,840, DB 2/4/2008 4/30/ DB_Repo_USD GS U S TREAS BD STRIPPED PRIN PMT 8.00% 11/15/21 10,000, USD % 9,000, ,095, , /4/ /30/ GS_Repo_USD FNMA REMIC TR FLT 233,789, USD % 168, , Repo (Borrow) BARC 1/3/ /31/ BAR_Repo_USD United States Treasury Bond - 05/15/2037-5% 10,000, USD % 11,030, ,030, DB 1/3/ /31/ DB_Repo_USD United States Treasury Note - 05/15/ % 10,000, USD % 10,469, ,469, GS 1/3/2008 3/31/ GS_Repo_USD US TREASURY N/B 10,000, USD % 10,280, ,321, , MS 1/3/2008 2/3/ MS_Repo_USD United States Treasury Bond - 02/15/ % 10,000, USD % 10,612, ,627, , T16:42:43 Page 1 of 1 Geneva 6

7 Tax Lot Appraisal with Accruals Displays the balances of all investment positions at the tax lot level as of the report date. Conver ble Arbitrage Fund Updated Through: 4/16/2012 9:23:17 AM Accoun ng Calendar: ConvertArb Accoun ng Period: Inventory State: AllAssetsAndPayables TAX LOT APPRAISAL WITH ACCRUALS Repor ng Date: 2/29/2008 Tax Lot Descrip on Tax Lot ID Lot Date Quan ty / Current Face Unit Cost Market Price Cost Book Market Value Book Unrealized Price G/L Book Unrealized FX G/L Book Accrued Amort Book Accrued Interest Book U.S. Dollars 57,974, ,523, ,450, , Cash & Equivalents 58,001, ,001, U.S. Dollars (USD) U.S. Dollars-MS OnHand 58,001, ,001, ,001, Common Stock -14,850, ,244, ,606, AGILENT TECHNOLOGIES INC COM (A) -400, ,850, ,244, ,606, AGILENT TECHNOLOGIES INC COM /7/ , ,847, ,652, ,194, AGILENT TECHNOLOGIES INC COM /7/ , ,694, ,305, ,389, AGILENT TECHNOLOGIES INC COM /7/ , ,308, ,591, , AGILENT TECHNOLOGIES INC COM /25/ , ,000, ,305, ,695, Conver ble Bonds 10,022, ,022, , Agilent Senior Debenture 12/01/2021 3% (00846UAA) 10,022, ,022, ,022, , Agilent Senior Debenture 12/01/2021 3% /3/ ,000, ,000, ,000, , Agilent Senior Debenture 12/01/2021 3% /8/2008 2, , , Agilent Senior Debenture 12/01/2021 3% /15/2008 2, , , Agilent Senior Debenture 12/01/2021 3% /22/2008 2, , , Agilent Senior Debenture 12/01/2021 3% /29/2008 2, , , Agilent Senior Debenture 12/01/2021 3% /5/2008 2, , , Agilent Senior Debenture 12/01/2021 3% /12/2008 2, , , Agilent Senior Debenture 12/01/2021 3% /19/2008 2, , , Agilent Senior Debenture 12/01/2021 3% /26/2008 2, , , Rights 4,800, , ,057, Agilent Technologies Right - 12/31/2008 (A.RT) Agilent Technologies Right - 12/31/ /3/ , ,800, , ,057, Report Totals: 57,974, ,523, ,450, , T09:54:55 Page 1 of 1 Geneva Positions / Tax Lots 7

8 Positions / Tax Lots Long Short Tax Lot Appraisal Resembles the Tax Lot Appraisal with Accruals report, but separates long and short positions held on the report date. Bypass Strategy Updated Through: 4/16/2012 9:23:17 AM Accoun ng Calendar: Bypass Accoun ng Period: Jan2008 Inventory State: AllAssetsAndPayables LONG SHORT TAX LOT APPRAISAL Repor ng Date: 1/31/2008 Tax Lot Descrip on Quan ty TaxLotID Lot Date Unit Cost Market Price Cost Book Market Value Book Price Gain/Loss FX Gain/Loss Long Posi ons 26,699, ,675, ,975, U.S. Dollars 26,699, ,675, ,975, Cash & Equivalents 399, , USD 399, , , U.S. Dollars-GS OnHand 399, , , Common Stock 26,300, ,275, ,975, IBM 320, ,300, ,275, ,975, IBM 20, /17/ ,600, ,142, , IBM 100, /17/ ,100, ,711, ,611, IBM 100, /17/ ,200, ,711, ,511, IBM 100, /17/ ,400, ,711, ,311, Short Posi ons -21,100, ,100, U.S. Dollars -21,100, ,100, Cash & Equivalents -21,100, ,100, USD -21,100, ,100, ,100, U.S. Dollars-BNP OnHand -13,900, ,900, ,900, U.S. Dollars-GS OnHand -7,200, ,200, ,200, Report Totals: 5,599, ,575, ,975, T10:10:57 Page 1 of 1 Geneva 8

9 Cost Roll Forward Displays beginning cost, additions/purchases, withdrawals/sales, realized gains/losses, amortization adjustments and ending cost of investments held for a specified period. Fixed Income Fund Updated Through: 4/16/ :28:07 AM Accoun ng Calendar: Fixed Accoun ng Period: Accoun ng Filters: InvestmentType,Exclude,CORP MUNI ZERO,,,,,, COST ROLL FORWARD Repor ng Period: 1/1/2008-1/31/2008 Descrip on Tax Lot ID Beginning Cost Purchases Contribu ons Sales Amor za on Realized Ending Cost Conver ble Bonds - Long ,002, ,002, UAA ,002, ,002, Agilent Senior Debenture 12/01/2021 3% ,000, ,000, Agilent Senior Debenture 12/01/2021 3% Agilent Senior Debenture 12/01/2021 3% Agilent Senior Debenture 12/01/2021 3% Agilent Senior Debenture 12/01/2021 3% UAB ,000, ,000, Agilent Senior Conver ble 12/01/2021 3% ,000, ,000, High Yield - Long ,405, ,404, AE ,405, ,404, Boeing Debenture 09/15/ % ,405, ,404, Loans - Long 3,955, , ,965, WIND_FIN_PIK 3,955, , ,965, Wind Acquisi on Senior PIK Loan ,850, , ,860, Wind Acquisi on Senior PIK Loan , , Wind Acquisi on Senior PIK Loan , , Wind Acquisi on Senior PIK Loan , , Treasuries - Long ,221, , ,213, PT ,612, ,612, United States Treasury Bond - 02/15/ % ,612, ,612, PU ,300, ,299, United States Treasury Bond - 05/15/2037-5% ,300, ,299, GH ,558, , ,555, US TREASURY N/B ,558, , ,555, GS ,469, , ,467, United States Treasury Note - 05/15/ % ,469, , ,467, HH ,280, , ,279, US TREASURY N/B ,280, , ,279, Report Totals: 3,955, ,628, , ,586, T10:41:23 Page 1 of 1 Geneva Positions / Tax Lots 9

10 Exposure Portfolio Overview Displays summary snapshot view of portfolio s asset breakdown and market value over multiple periods. Mul -Strategy Fund Updated Through: 4/16/ :54:37 AM Accoun ng Calendar: Mul StratFund Accoun ng Filters: BusinessUnit,Include,MgrB,,, PORTFOLIO OVERVIEW Repor ng Period: 1/1/ /31/2010 Ac vity Summary Por olio Value on 1/1/2010 1,290,280, Capital Ac vity 19, Realized Gains 12,764, Unrealized Gains 3,180,702, Other Revenue/Expense 68,529, Change in Accrued Interest 33,216, Market Value by Month Por olio Value on 12/31/2010 4,585,977, Por olio Alloca on AssetType Market Value % Assets Yield Equi es 3,670,418, % 0.24 Fixed Income 1,156,226, % 0.60 Real Estate 177,015, % 0.00 Swaps 46,613, % 0.00 Cash & Equivalents -464,869, % 0.00 Bank Debt 9,136, % Asset Backed Securi es -8,569, % 4.62 Credit Deriva ves 6, % Total 4,585,977, % T12:55:27 Page 1 of 1 Geneva 10

11 Currency Exposure Summary Displays local and book currency exposure summarized by asset class. The report also includes an option to group investments by a number of different attributes including Investment Type, Sector, Industry and Strategy. Titan Alpha Fund Updated Through: 4/24/2013 3:25:16 PM Accoun ng Calendar: UT2012 Monthly CURRENCY EXPOSURE SUMMARY Repor ng Date: 1/31/2013 Exposure by Currency & AssetType Local Book Market Value Market Value Percentage Australian Dollar (FX=1.0430) % Cash & Equivalents % Chinese Renminbi Yuan (FX=0.1608) 27, , % Cash & Equivalents 27, , % Euro (FX=1.3579) 8,708, ,824, % Cash & Equivalents 7,901, ,729, % Equi es 806, ,095, % Hong Kong Dollar (FX=0.1289) 19,048, ,456, % Cash & Equivalents 15,242, ,965, % Equi es 4,029, , % Swaps -224, , % Japanese Yen (FX=0.0109) 934,190, ,186, % Cash & Equivalents 313,851, ,422, % Equi es 620,338, ,764, % U.K. Pound (FX=1.5857) 42,988, ,167, % Cash & Equivalents 39,052, ,925, % Equi es 4,624, ,333, % Real Estate -556, , % Swaps -132, , % U.S. Dollars (FX=1.0000) 51,835, ,835, % Cash & Equivalents 21,122, ,122, % Equi es 30,872, ,872, % Real Estate -231, , % Swaps 72, , % T15:44:26 Page 1 of 1 Geneva Exposure 11

12 Exposure Portfolio Exposure Summary Summarizes Long, Short, Gross and Net exposure by Strategy, Region, Industry, Investment Type and Top 5 holdings on report date. Mul Strategy Fund Updated Through: 4/16/ :54:37 AM Accoun ng Calendar: Normandy2 PORTFOLIO EXPOSURE SUMMARY Repor ng Date: 1/31/2012 Long (%) Short (%) Gross (%) Net (%) Total Assets Under Management 9,045, Strategy Exposure Cash FINANCIALS MACRO GLOBAL MACRO US MACRO Regional Breakdown Canada European Union Georgia Hong Kong Japan United Kingdom United States Industry Exposure Aerospace & Defense Airlines Automobiles Beverages Capital Markets Commercial Banks Commercial Services & Supplies Communica ons Equipment Computers & Peripherals Diversified Financial Services Hotels, Restaurants & Leisure Industrial Conglomerates Insurance Internet So ware & Services Metals & Mining Mul line Retail Oil, Gas & Consumable Fuels Pharmaceu cals Semiconductors & Semiconductor Equipment So ware Specialty Retail Wireless Telecommunica on Services Instrument Breakdown Cash & Equivalents Equi es Op ons Top 5 Posi ons as a % of Total Capital U.S. Dollars February 12 Calls on 5 HK Euro Japanese Yen GOOG /16/ :54:50 AM Page 1 of 1 Geneva 12

13 Profit and Loss Summary Displays the net profit or loss grouped by user selection. Advent Capital Management Mul -Strategy Fund Updated Through: 4/24/2013 3:25:16 PM Accoun ng Calendar: DIS TRS Monthly Accoun ng Period: Feb2011 PROFIT AND LOSS SUMMARY Repor ng Period: 2/1/2011-2/28/2011 Profit & Loss Summary Total Profit & Loss by Strategy Realized Price Gain/Loss -6, Realized FX Gain/Loss 0.00 Total Realized Gain/Loss -6, Dividend 7, Interest -11, Other Income 13, Total Income 9, Unrealized Price Gain/Loss 39, Unrealized FX Gain/Loss 2, Total Unrealized Gain/Loss 41, Total Gain/Loss 44, Profit & Loss Detail by Strategy Investment Descrip on Quan ty Cost Market Price Market Value Realized Price G/L Realized FX G/L Unrealized Price G/L Unrealized FX G/L Coupon / Dividend Other Income Total Gain/Loss Cash 7, , , , , , PT9: United States Treasury Bond - 02/15/ % PU6: United States Treasury Bond - 05/15/2037-5% GS3: United States Treasury Note - 05/15/ % 100, , , , , , , , , , , , , , , EUR.f: Euro -600, , , , , JPM_Repo_USD: JP Morgan Repo USD -2,149, ,149, ,149, , , , USD: U.S. Dollars 1,840, ,840, ,840, USD.f: U.S. Dollars 900, , , Created on: 4/24/2013 3:25:09 PM Page 1 of 7 Geneva Profit & Loss 13

14 Profit & Loss Periodic Profit and Loss Summary Displays profit and loss summary in the following periodic ranges: daily, month-to-date, quarter-to-date, and year-to-date with capital percentages. The report includes the option to group and graph profit by a number of different attributes such as Strategy, Asset Type, Country, and Industry. Mul currency Master/Feeder Fund Mul currency Master Fund Updated Through: 4/16/2012 1:06:06 PM Accoun ng Calendar: MCMF Accoun ng Period: Feb2008 PERIODIC PROFIT AND LOSS SUMMARY Repor ng Date: 2/29/2008 Long Short Daily (%Capital) MTD (%Capital) QTD (%Capital) YTD (%Capital) Cash -12, % -40, % -163, % -163, % Longs -1,337, % -290, % -1,067, % -1,067, % Shorts 1,357, % 1,648, % 1,150, % 1,150, % Total 7, % 1,317, % -79, % -79, % T13:26:42 Page 1 of 1 Geneva 14

15 Profit and Loss by Strategy Displays the net profit or loss within the reporting period for investments whose transactions are associated with a strategy. Conver ble Arbitrage Fund Updated Through: 4/16/2012 1:06:06 PM Accoun ng Calendar: ConvertArb Accoun ng Period: PROFIT AND LOSS BY STRATEGY Repor ng Period: 2/1/2008-2/29/2008 Investment Descrip on Ending Quan ty Curr Ending Local Price Realized Price Unrealized Price Realized FX Unrealized FX Interest Dividend Other Income Total Conver ble Arbitrage ,308, , , ,333, Conver ble Equity Arb , , A AGILENT TECHNOLOGIES INC COM -150, USD , , A.RT Agilent Technologies Right - 12/31/ , USD , , USD U.S. Dollars 10,847, USD USD U.S. Dollars 20,694, USD Conver ble Debt Arb , , , , UAA Agilent Senior Debenture 12/01/2021 3% 10,022, USD , , , A AGILENT TECHNOLOGIES INC COM -250, USD , , USD U.S. Dollars 8,833, USD USD U.S. Dollars 17,626, USD Report Totals: ,308, , , ,333, T13:30:51 Page 1 of 1 Geneva Profit & Loss 15

16 Profit & Loss Gain Loss Changes US Equity Fund Updated Through: 4/16/2012 1:45:40 PM Accoun ng Calendar: UTTWR GAIN LOSS CHANGES Repor ng Period: 12/1/ /31/2011 Descrip on Beginning Quan ty Ending Quan ty Beginning Unit Cost Ending Unit Cost Beginning Market Price Beginning Unrealized Period To Date Mark To Market Beginning Realized Ending Market Price Ending Unrealized Ending Realized Change in Unrealized Change in Realized Total Change Gain/Loss Changes in Long Posi ons -300, , , , , , , Cash & Equivalents -29, , , , , , Euro-GS-US1 805, , , , , , , , U.S. Dollars-GS-US1 8, , U.S. Dollars-GS-US2 4, Equi es -271, , , , , , ABERCROMBIE & FITCH CO CL A-GS-US1 10, , , , , , ALCOA INC COM-GS-US2 20, , , , , , SOUTHWEST AIRLS CO COM-GS-US2 10, , , , , , THE BOEING COM-GS-US2 10, , , , , , Thomas Cook Group Inc.-GS-US1 100, , , , , , , , Changes in Short Posi ons 501, , , , Cash & Equivalents U.S. Dollars-GS-US2-122, , T13:45:51 Page 1 of 2 Geneva 16

17 Master Income Accruals Report Displays beginning and ending accrued income and amortization for all investments within one or more portfolios. Fixed Income Fund Updated Through: 4/16/2012 1:45:40 PM Accoun ng Calendar: Fixed MASTER INCOME ACCRUALS REPORT Repor ng Period: 1/1/2008-2/29/2008 Descrip on Iden fier Beginning Accrued Interest Purchased Interest Sold Interest Interest Received Ending Accrued Interest Total Interest Earned During Period Amor za on Earned During Period Total Income ForPeriod Cusip Sold Amor za on Agilent Senior Conver ble 12/01/2021 3% 00846UAB , , , UAB 0.00 Agilent Senior Debenture 12/01/2021 3% 00846UAA , , , , UAA 0.00 Boeing Debenture 02/15/ % AR , , , , , AR 0.00 Boeing Debenture 02/15/ % AS , , , , , AS 0.00 Boeing Debenture 06/15/ % AM , , , , AM 0.00 Boeing Debenture 08/15/ % AD , , , , AD 0.00 Boeing Debenture 08/15/ % AH , , , , , , AH 0.00 Boeing Debenture 09/15/ % AE , , , , , AE 0.00 Boeing Debenture 11/15/ % AG , , , , , AG 0.00 Boeing Note 02/15/ % AT , , , , , AT 0.00 Boeing Note 02/15/ % AU , , , , , AU 0.00 Cannon Beach Oregon - 06/01/ % CA , , , , CA T13:59:18 Page 1 of 9 Geneva Income Expense 17

18 Income Expense Daily Interest Accrual Detail Displays accruals of Asset Backed Securities, Bonds, Credit Default Swaps, Credit Facilities, Financing, STIF and Stock Borrow day by day. Fixed Income Fund Updated Through: 4/16/2012 1:45:40 PM Accoun ng Calendar: Fixed DAILY INTEREST ACCRUAL DETAIL Repor ng Period: 12/25/ /31/2011 Date Quan ty Price Por olio ( Fixed ) Quan ty / No onal Quan ty Index Name Index Price Date Index Price / Price Override Rate / Spread All In / Fixed Rate Daily Accrual Local Beginning Local Change Accrued Interest Local Pur / Sold / Paid / Rec Local Ending Local Accrual Balance Daily Accrual Book Ending Book Accrual Balance 00846UAA (Agilent Senior Debenture 12/01/2021 3% UAA) Accrual Days: 30 / 360 Freq: Every 7 Days /25/2011 2,122, ,122, , , /26/2011 2,122, ,122, , , , /27/2011 2,123, ,123, , , /28/2011 2,123, ,123, /29/2011 2,123, ,123, /30/2011 2,123, ,123, AD (Boeing Debenture 08/15/ % AD) Accrual Days: 30 / 360 Freq: Quarterly 1, , , /25/2011 1,000, ,000, , , , /26/2011 1,000, ,000, , , , /27/2011 1,000, ,000, , , , /28/2011 1,000, ,000, , , , /29/2011 1,000, ,000, , , , /30/2011 1,000, ,000, , , , AE (Boeing Debenture 09/15/ % AE) Accrual Days: 30 / 360 Freq: Semi Annual 2, , , /25/2011 2,000, ,000, , , , ,000, ,000, , , , ,000, ,000, , , , /26/2011 2,000, ,000, , , , /27/2011 2,000, ,000, , , , /28/2011 2,000, ,000, , , , T13:54:49 Page 1 of 20 Geneva 18

19 Income Accruals and Amortization The Income Accruals and Amortization report displays income, amortization, and accretion for a portfolio's fixed income investments. Fixed Income Fund Updated Through: 4/16/2012 1:45:40 PM Accoun ng Calendar: Fixed Accoun ng Filters: Investment,Exclude,00846UAA 00846UAB,,,,,, INCOME ACCRUALS AND AMORTIZATION Repor ng Date: 2/29/2008 ID Qty/Current Face Curr Amor zed Cost Accrual Method Yield on Cost Open Receivables Total Amor za on Current Period Interest Current Period Amort Cusip Market Value Accrual Days (Yield to Mat) Total OID Current Period OID Current Coupon Rate Total Mkt Value 1,337, Total Income for Period AD 1,000,000 1,343, / , , AD 1,337, Total Mkt Value 1,360, AE 1,000,000 1,404, / , , , , AE 1,360, Total Mkt Value 1,361, AG 1,000,000 1,385, / , , , , AG 1,361, Total Mkt Value 4,951, AH 4,000,000 5,007, / , , , , AH 4,951, Total Mkt Value 1,161, AM 1,000,000 1,181, / , , AM 1,161, Total Mkt Value 998, AR 1,000, , / , , AR 998, Total Mkt Value 1,108, AS 1,000,000 1,127, / , , AS 1,108, Total Mkt Value 1,057, AT 1,000,000 1,029, / , , AT 1,057, T14:10:23 Page 1 of 13 Geneva Income Expense 19

20 Income Expense Dividend Income Expense Displays all of a portfolio s booked dividend income and expense for the reporting period. Global 130/30 Strategy Updated Through: 4/16/2012 1:45:40 PM Accoun ng Calendar: Global13030 Accoun ng Period: Accoun ng Filters: Investment,Exclude,00846UAA 00846UAB,,,,,, DIVIDEND INCOME EXPENSE Repor ng Period: 2/1/2008-2/29/2008 Long Posi ons Hong Kong Dollar(HKD) Investment Long Tran ID Ex-Date Yue Yuen Industrial (Holdings) Ltd Ex-Date Quan ty Long Local Dividend Per Share Amount W/H Tax Rate Local Gross Dividend Inc/Exp Local W/H Tax Local Net Dividend Inc/Exp Book Gross Dividend Inc/Exp Book W/H Tax Pay Date Local Reclaim Book Reclaim Book Net Dividend Inc/Exp 61, , , , , , , , , , Japanese Yen(JPY) Chiyoda Co Ltd Intelligence Ltd U.S. Dollars(USD) FPL /27/ , , , , , /13/ ,464, ,464, , , , , , , /26/ , , , , , /23/ , , , , /26/ , , , , , /27/ , , , , /27/ /17/ /27/ /17/ T14:12:37 Page 1 of 3 Geneva 20

21 Cash Appraisal Displays cash balances by custodian account as of the report's period end date. Global 130/30 Strategy Updated Through: 4/16/2012 1:45:40 PM Accoun ng Calendar: Global13030 InventoryState: InCustody CASH APPRAISAL Repor ng Date: 2/29/2008 Descrip on Invest ID Quan ty FX Rate Cost Book Market Value Book Book Unrealized Gain/Loss Long Posi ons 428,831, ,235, , % Hong Kong Dollar HKD 8,389, ,075, ,077, , % Japanese Yen JPY 980,519, ,775, ,234, , % U.K. Pound GBP 11,918, ,704, ,648, , % U.S. Dollars USD 395,275, ,275, ,275, % Short Posi ons -6,722, ,872, , % Euro EUR -3,383, ,974, ,118, , % Hong Kong Dollar HKD -13,637, ,746, ,751, , % Singapore Dollar SGD -1, % U.S. Dollars USD -1, , , % Report Totals 422,108, ,363, , % % Invest T14:32:43 Page 1 of 1 Geneva Cash Management 21

22 Cash Management Cash Projection with Daily Cash Flows Displays opening and closing cash balances along with projected daily activity by currency, 7 or 10 business days forward. Cash Projec on with Daily Cash Flows Mul Asset Class Fund Period Start: 1/10/ :00:00 AM KnowledgeDate: 4/16/2012 1:45:40 PM U.S. Dollars ABCM 1/10/2011 1/11/2011 1/12/2011 1/13/2011 1/14/2011 1/18/2011 1/19/2011 B RL E U R Beginning Balance - BRL Net Cashflow for Day Ending Balance - BRL Beginning Balance - EUR -1,140, ,140, ,140, ,140, ,140, ,140, ,140, Net Cashflow for Day Ending Balance - EUR -1,140, ,140, ,140, ,140, ,140, ,140, ,140, G B P Beginning Balance - GBP -16,132, ,132, ,132, ,132, ,132, ,132, ,132, Net Cashflow for Day Ending Balance - GBP -16,132, ,132, ,132, ,132, ,132, ,132, ,132, H K D Beginning Balance - HKD 70, , , , , , , Net Cashflow for Day Ending Balance - HKD 70, , , , , , , JP Y Beginning Balance - JPY 460, , , , , , , Net Cashflow for Day Ending Balance - JPY 460, , , , , , , U S D Beginning Balance - USD 525,788, ,872, ,872, ,872, ,867, ,867, ,203, Purchases (Se led) 5,083, Swap Reset Payments -5, Misc. Credits 1,335, Net Cashflow for Day 5,083, , ,335, Ending Balance - USD 530,872, ,872, ,872, ,867, ,867, ,203, ,203, T14:36:30 Page 1 of 1 Geneva 22

23 Fixed Income Cash Projection Displays monthly cash impact of fixed income events such as coupons, maturities and paydowns by investment type. Fixed Income Cash Projec on Mul Asset Class Fund Period Start Date: 1/1/ :00:00 AM Knowledge Date: 4/16/2012 1:45:40 PM Accoun ngcalendar: Mul Asset Number of Months Forward: 12 January11 February11 March11 April11 May11 June11 July11 August11 September11 October11 November11 December11 Total EUR USD Corporate Bonds 64, , , Total EUR 64, , , Coll. Mortgage Obliga ons Corporate Bonds Credit Default Swaps Infla on Protected Bonds 1,680, , , , , , , , , , , , ,211, , , , , , , , , , , , Loans 57, , , , , , , , , , , , , Mortgage Backed Securi es 370, , , , , , , , , , , , ,894, Total USD 2,108, , , , , , , , , , , , ,244, T14:39:49 Page 1 of 1 Geneva Cash Management 23

24 Cash Management Cash Ledger Displays cash flow detail affecting each cash balance in local amounts on a trade or settle date basis for a specified period start and end date. This report provides an option to sort cash balances by Custodian Account or Strategy. Mul Asset Class Fund Updated Through: 4/16/2012 1:45:40 PM Accoun ng Calendar: Mul Asset TRADE DATE CASH LEDGER BY CUSTODIAN Repor ng Period: 1/7/2008-2/29/2008 Cash Date Trade Date Se le Date Trans ID Tran Descrip on Investment Quan ty Price Local Amount Local Balance Book Amount Book Balance Euro - Long Opening Balance 1,007, ,485, GS - Long Opening Balance 1,007, ,485, /10/2008 1/7/2008 1/10/ Buy Thomas Cook Group Inc. 399, ,007, ,481, , /29/2008 1/6/2008 Mark To Market Unrealized Gain/(Loss) - FX , GS - Long Closing Balance Euro - Long Closing Balance Euro - Short Opening Balance GS - Short Opening Balance /10/2008 1/7/2008 1/10/ Buy Thomas Cook Group Inc. 399, ,007, ,007, ,350, ,350, /7/2008 1/7/2008 1/10/ Buy Thomas Cook Group Inc. 399, ,007, ,350, GS - Short Closing Balance Euro - Short Closing Balance Hong Kong Dollar - Long Opening Balance 1,508, , BARC - Long Opening Balance 500, , /24/2008 1/21/2008 1/24/ Buy Foxconn Interna onal Holdings Ltd 40, , , , /29/2008 1/6/2008 Mark To Market Unrealized Gain/(Loss) - FX , BARC - Long Closing Balance 3, GS - Long Opening Balance 504, , /29/2008 1/6/2008 Mark To Market Unrealized Gain/(Loss) - FX , , GS - Long Closing Balance 504, , MS - Long Opening Balance 503, , /24/2008 1/21/2008 1/24/ Buy COSCO Pacific Ltd 34, , , /29/2008 1/6/2008 Mark To Market Unrealized Gain/(Loss) - FX MS - Long Closing Balance Hong Kong Dollar - Long Closing Balance 508, , Hong Kong Dollar - Short Opening Balance BARC - Short Opening Balance /21/2008 1/21/2008 1/24/ Buy Foxconn Interna onal Holdings Ltd 40, , , , , /24/2008 1/21/2008 1/24/ Buy Foxconn Interna onal Holdings Ltd 40, , , BARC - Short Closing Balance T14:41:31 Page 1 of 7 Geneva 24

25 Bank Debt Trade Detail This report details Bank Debt Trade cash settlements that have an actual settlement date between period start date and period end date. Bank Debt Por olio Updated Through: 6/27/2012 7:59:39 PM Accoun ng Calendar: Monthly2012 BANK DEBT TRADE DETAIL Repor ng Date: 5/16/2012 Credit Facility RH DONNELLY TERM LOAN Facility ID TL-RHD Transac on ID Trade Date 3/14/2012 Contractual Se le Date 4/12/2012 Actual Se le Date 5/16/2012 Credit Facility Summary Trade Type Buy - Distressed Trades Flat No Local Currency U.S. Dollars Broker Cash Flow Summary Original Global 926,768, Funded Loan -970, Original Assigned 1,000, Purchase Price Original Pro-Rata % Net Back 0.00 Original Funded 926,768, Sub Total -425, Original Unfunded 0.00 Cost of Carry Current Global 810,356, Economic Benefit 16, Commitment Changes 29, Delay Se le Interest 8, Current Assigned 970, Fees 0.00 Current Pro-Rata % Net Cash Flow -387, Interest Receivable Post Se lement 0.00 Ac vity Detail Tran ID Contract Id Funded Commitment Lot ID From Date To Date Days Rate Accrual Basis Delay Se le Interest Due Total Delay Se le Interest Due 8, Interest TL-RHD-LIBOR 988, /30/2012 4/30/ Act/360 4, Buy TL-RHD-LIBOR 970, /30/2012 5/16/ Act/360 3, Cost of Carry Total Cost of Carry Buy TL-RHD 988, /12/2012 5/16/ Act/ Commitment Changes Total Commitment Changes 29, Paydown TL-RHD 11, /12/2012 3/30/ Act/360 11, Total Paydown Amount Original Price Paydown * Price Economic Benefit 6, , , Paydown TL-RHD 17, /12/2012 4/30/ Act/360 17, Total Paydown Amount Original Price Paydown * Price Economic Benefit 10, , , Amount T20:09:11 Page: 2 of 5 Geneva Investment Type Specific 25

26 Investment Type Specific Credit Facility Contract History Displays all of the activity affecting each of the credit contracts associated with Bank Loan credit facilities that the portfolio holds, including drawdowns, paydowns, rollovers, interest payments and maturities. Bank Debt Fund Updated Through: 5/3/2012 3:05:00 PM Accoun ng Calendar: Distressed CREDIT FACILITY CONTRACT HISTORY Repor ng Period: 1/1/ /31/2008 EMC Mul currency Loan (USD) Libor EUR (EUR) Trade/Acct Date Se le Date Tran No Transac on Global Contract Amount Pro-Rata % Pro-Rata Quan ty Local Amount Book Amount 4/10/2008 4/10/ Ini al Borrow Amounts 60,000, ,000, /10/2008 4/21/ Buy 360, , , /10/2008 7/10/ Interest 2, , /10/ /10/ Interest 3, , Libor USD (USD) 4/10/2008 4/10/ Ini al Borrow Amounts 40,000, ,000, /10/2008 4/21/ Buy 360, , , /10/2008 7/10/ Interest 2, , /10/ /10/ Interest 3, , EMC PIK Term Loan (USD) PIK Loan 10% (USD) 3/10/2008 3/10/ Ini al Borrow Amounts 100,000, ,000, /10/2008 3/19/ Buy 100,000, ,000, ,000, /10/2008 6/10/ Interest 750, , /10/2008 6/10/ Interest 750, ,325, ,325, /10/2008 9/10/ Interest 1,007, ,007, /10/2008 9/10/ Interest 1,007, ,518, ,518, /10/ /10/ Interest 1,271, ,271, /10/ /10/ Interest 1,271, ,543, ,543, EMC Revolver USD (USD) EMC Libor Loan (USD) 2/10/2008 2/10/ Ini al Borrow Amounts 60,000, ,000, /12/2008 3/28/ Buy 15,000, ,000, ,000, /12/2008 3/28/ Buy 7,500, ,500, ,500, /3/2008 3/3/ Paydown -20,000, ,000, /3/2008 3/3/ Paydown -7,500, ,500, ,500, /28/2008 3/28/ Buy 22, , /28/2008 3/28/ Buy 11, , /12/2008 5/12/ Interest 96, , /11/2008 8/11/ Interest 171, , /10/ /10/ Sell -2,500, ,500, ,500, /10/ /10/ Interest 169, , T15:17:07 Page 1 of 2 Geneva 26

27 Appreciation and Depreciation on Foreign Currency Contracts Displays open or unsettled Forward FX contracts as of the report s period end date. Mul currency Master/Feeder Fund Mul currency Offshore Ltd Updated Through: 5/3/2012 3:05:00 PM Accoun ng Calendar: MCMF Accoun ng Period: Jan2008 APPRECIATION AND DEPRECIATION ON FOREIGN CURRENCY CONTRACTS Repor ng Date: 1/31/2008 Currency Tran ID Quan ty Forward Contract Rate FX Rate Cost Book Market Value Book Unrealized FX Gain/(Loss) Forward FX Receivables 53,095, ,673, ,422, % Goldman Sachs 53,095, ,673, ,422, % 3/31/ ,322, ,040, ,281, % Euro ,500, ,322, ,040, ,281, % 4/1/ ,773, ,632, , % U.K. Pound ,000, ,773, ,632, , % Forward FX Payables -53,095, ,095, % Goldman Sachs -53,095, ,095, % 3/31/ ,322, ,322, % U.S. Dollars ,322, ,322, ,322, % 4/1/ ,773, ,773, % U.S. Dollars ,773, ,773, ,773, % % Assets T15:18:49 Page 1 of 1 Geneva Investment Type Specific 27

28 Investment Type Specific Open Loan and Repo Report Displays repurchase agreements and reverse repurchase agreements, as well as other loans, outstanding as of the report date. Repo & Collateral Fund Updated Through: 5/3/2012 3:05:00 PM Accoun ng Calendar: Repo OPEN LOAN AND REPO REPORT Repor ng Date: 4/30/2009 Open Date Close Date Tran ID Loan ID Collateral Collateral Qty Currency Rate Loan Amount Local Loan Amount Book Accrued Interest Local Accrued Interest Book Borrow Cash -42,058, , BARC -11,030, , /3/ /31/ BAR_Repo_USD PU6 10,000, USD 2.250% -11,030, ,030, , , /3/ /31/ BAR_Repo_USD PU6 10,000, USD 2.250% CS -10,558, , /3/2008 8/16/ CS_Repo_USD GH7 10,000, USD 1.500% -10,558, ,558, , , /3/2008 8/16/ CS_Repo_USD GH7 10,000, USD 1.500% CS.M -10,000, , /3/ /30/ CS_CashRepo_US D USD 10,000, USD 1.500% -10,000, ,000, , , DB -10,469, , /3/ /31/ DB_Repo_USD GS3 10,000, USD 1.250% -10,469, ,469, , , /3/ /31/ DB_Repo_USD GS3 10,000, USD 1.250% Lend Cash 9,008, , BARC 8,840, /4/ /30/ BAR_Repo_USD 31416RQ3 8,535, USD 0.004% 8,840, ,840, GS 168, , /4/ /30/ GS_Repo_USD 31359RU7 233,789, USD 1.750% 168, , , , /4/ /30/ GS_Repo_USD 31359RU7 233,789, USD 1.750% Report Totals: -33,050, , T15:20:26 Page 1 of 1 Geneva 28

29 Stock Loan Activity Short Borrowing Fund Alpha Updated Through: 4/16/2012 1:45:40 PM Accoun ng Calendar: 2011 Accoun ng Period: Mar11 Group1: Investment Code STOCK LOAN ACTIVITY Repor ng Period: 3/1/2011-3/31/2011 Tran ID Tran Type Trade Date Se le Date Investment Strategy ADM.L(Admiral Group) Cust Account Quan ty Beg / End TD OS Quan ty Beg / End SD OS Quan ty Price Trade CCY Se le CCY Interest Rate Local CCY Net Amount Book CCY Net Amount BorrowSecurity 3/23/2011 3/23/2011 Admiral Group MS 10, , , GBP GBP 1.00 % 158, , Interest 3/31/2011 4/1/2011 Morgan Stanley GBP Flat Accrual MS GBP GBP Report Totals: TranID , , AXP(AMERICAN EXPRESS CO) BorrowSecurity 3/23/2011 3/23/2011 AMERICAN EXPRESS CO GS 10, , , USD USD 1.25 % 450, , Interest 3/31/2011 4/1/2011 Goldman USD Default Rate GS USD USD Report Totals: TranID , , BAC(BANK OF AMERICA CORP) BorrowSecurity 3/23/2011 3/28/2011 BANK OF AMERICA CORP GS 5, , , USD USD 2.20 % 137, , Interest 3/31/2011 4/1/2011 Goldman USD Default Rate GS USD USD Report Totals: TranID , , BUD(ANHEUSER BUSCH ADR REP 1 ORD) BorrowSecurity 3/23/2011 3/23/2011 ANHEUSER BUSCH ADR REP 1 ORD GS 12, , , USD USD 1.25 % 594, , Interest 3/31/2011 4/1/2011 Goldman USD Default Rate GS USD USD Report Totals: TranID , , RIO.L(Rio Tinto Group) BorrowSecurity 3/23/2011 3/23/2011 Rio Tinto Group MS 10, , , GBP GBP 1.00 % 413, , Local CCY Inc / Exp Book CCY Inc / Exp T14:51:24 Page 1 of 3 Geneva Investment Type Specific 29

30 Investment Type Specific Swap Reset Reconciliation Displays the net cash exchanged at reset for swaps, broken down by income/expense. Equity Swap Fund Updated Through: 5/3/2012 3:05:00 PM Accoun ng Calendar: TRS Accoun ng Filters: Investment,Include,ADM.L.S,,,,,, SWAP RESET RECONCILIATION Repor ng Period: 1/1/2008-3/31/2008 Counter Party Swap Investment Descrip on BARC ADM.L.S Admiral Group BNP Swap Reset Date Reset ID Reset Frequency 02/15/ Monthly TaxLot ID Trade Date Se le Date Open/Closed Quan ty Opening Price /15/ /15/2008 Open 94, Event Event TranID Price Currency Close ID Accrual Begin Date Accrual Basis Ref Index Base Rate Income (Book) Expense (Book) Accrual End Date Accrual Days Spread Income (Local) Expense (Local) Price Gain Loss - ADM.L.S 9.48 GBP , Financing Accrual - 1MLiborPlus1GBP GBP /15/2008 Actual/360 LIBOR-USD- 1m -103, /15/ Cash Exchanged for TaxLot: Book -203, Local (GBP) -103, Total for Swap Reset Book -203, Local (GBP) -103, T15:22:57 Page 1 of 2 Geneva 30

31 Fixed Income Portfolio Composition The Fixed Income Portfolio Composition report displays summary information on all of the portfolio s fixed income holdings and shows detail broken down by credit quality, maturity and sector. Fixed Income Fund Updated Through: 5/3/2012 3:05:00 PM Accoun ng Calendar: Fixed Accoun ng Filters: InvestmentType,Include,CORP,,,,,, FIXED INCOME PORTFOLIO COMPOSITION Repor ng Date: 12/31/2008 Asset Type Book Cost Book Yield% Market Value % of Total YTM% Dura on Convexity Fixed Income 56,845, % 50,065, % 7.11 % ,845, % 50,065, % 7.11 % Quality Percent Maturity(Years) Percent Sector Percent "CCC" Currently 8.44 % vulnerable "AA" Strong capacity % but somewhat suscep ble "BB" Less vulnerable 2.02 % in the near-term Reliable and Stable 4.37 % % % % % % % % Consumer Discre onary 8.44 % Industrials % Informa on Technology % Financials 2.02 % % Created on: 5/3/2012 3:26:56 PM Page 1 of 1 Geneva Investment Type Specific 31

32 Investment Type Specific Bond Analytics Provides analytical calculations for the portfolio s debt positions as of the report date. Advent Capital FS LLP Fund UT Master Fund Updated Through: 2/6/ :59:59 PM Accoun ng Calendar: UTFS2012 Accoun ng Period: Apr12 BOND ANALYTICS REPORT Repor ng Date: 4/30/2012 Descrip on Coupon Rate Tax Lot ID Extended Descrip on Maturity Date Tax Date Original Face Coll. Mortgage Obliga ons 16162TCT Quan ty / Current Face Market Value Amor za on Accrual Days Amor zed Cost Book Accrued Interest Yield To Maturity Yield to First Call Coupon Period Days Yield on Cost Yield to Worst Modified Dura on Macaulay Dura on Modified Dura on To Worst Convexity Effec ve Yield Macaulay Dura on To Worst CHASE 1998-S7 AR , , Chase Mortgage Finance Corp 12/25/2028 1/4/2012 1,000, , , Totals - Coll. Mortgage Obliga ons 300, , Corporate Bonds ET8 300, , CITIZENS PPTY-A1-HIGH , , Ci zens Property Insurance Corp 49455WAD8 6/1/2017 1/4/ , , KINDER MORGAN FINANCE , , Kinder Morgan Finance Co ULC 52517PUF6 LEHMAN BROTHERS HOLDINGS 05/29/2015 LEHMAN BROS HLDGS INC MTN BE % 05/29/2015 FR BL9 1/5/2016 1/4/ , , , , /29/2015 1/10/ , TN ENERGY , , Tennessee Energy Acquisi on Corp 9/1/2019 1/4/ , , Totals - Corporate Bonds 920, , Government Bonds 13017HAA4 753, , T12:32:37 Page 1 of 3 Geneva 32

33 Periodic TWR 2-Level Displays book currency day-to-date, month-to-date, quarter-to-date, year-to-date, report period-to-date and TWR inception-to-date TWRs for a specified performance key, for each position specified by that key, with benchmarks. US Equity Fund Prior Updated Through: 5/23/ :14:34 PM Updated Through: 5/10/ :49:11 AM Accoun ng Calendar: UTTWR Accoun ng Period: Feb2011 PerformanceFee: NetOfFees OpeningFlowMethod: Long Short Tax Lots Beginning-Of-Day Use Cash Flow Overrides Use IRR Overrides Use No onal Values PERIODIC TWR - 2-LEVEL BY PORTFOLIO THEN BY LONG/SHORT Repor ng Period: 2/1/2011-2/28/2011 US Equity Fund 2/28/2011 2/1/2011 1/1/2011 1/1/2011 2/1/2011 1/1/2011 2/28/2011 2/28/2011 2/28/2011 2/28/2011 2/28/2011 2/28/2011 Segment DTD TWR Book MTD TWR Book QTD TWR Book YTD TWR Book PTD TWR Book ITD TWR Book Long % 3.07 % 2.59 % 2.59 % 3.07 % 2.59 % Short % % % % % % Totals for US Equity Fund Por olio Totals Benchmark Totals % 5.52 % 4.38 % 4.38 % 5.52 % 4.38 % % 5.52 % 4.38 % 4.38 % 5.52 % 4.38 % S&P 500 Index 0.56 % 3.20 % 5.53 % 5.53 % 3.20 % 5.53 % T11:23:22 Page 1 of 1 Geneva Performance/ Risk 33

34 Performance/ Risk IRR Validation Modified Dietz Details the cash flows (contributions and withdrawals) and calculations used to determine a portfolio s IRR for the reporting period using Modified Dietz method. S&P 500 Index Fund Updated Through: 5/10/ :49:11 AM Accoun ng Calendar: Monthly2 Accoun ng Period: Jan2008 NOTE: Net Of Fees, Net Including Reclaim IRR VALIDATION - MODIFIED DIETZ Repor ng Period: 1/1/2008-1/31/2008 Por olio Value on 1/1/ Por olio Value on 1/31/ ,443, Total Days in Period 31 Contribu ons and Withdrawals Trade Date Tran ID Transac on Type Investment Book Amount Days Remaining/ Total Days Weighted Amount 1/1/ Deposit U.S. Dollars 6,500, /31 6,290, /1/ Deposit U.S. Dollars 6,500, /31 6,290, /1/ Deposit U.S. Dollars 6,500, /31 6,290, /1/ Deposit U.S. Dollars 6,500, /31 6,290, /1/ Deposit U.S. Dollars 6,500, /31 6,290, /1/ Deposit U.S. Dollars 6,500, /31 6,290, /1/ Deposit U.S. Dollars 6,500, /31 6,290, /1/ Deposit U.S. Dollars 6,500, /31 6,290, Net Flow 52,000, ,322, Total Contribu ons/withdrawals 52,000, ,322, IRR for the period = = ( ( )) / (0.00+( )) * 100 Gain/Loss % Total Gain/Loss Price Gain/Loss 15,443, FX Gain/Loss Total Gain/Loss 15,443, Price IRR for the period = = ( * ) FX IRR for the period = = ( * ) T11:29:15 Page 1 of 1 Geneva 34

35 Composite Dispersion Displays TWR returns, composite dispersion results, and the values used to calculate those results for a composite and its member portfolios. Global Performance Composite Prior Updated Through: 4/24/ :00:01 AM Updated Through: 4/24/2013 3:57:26 PM PerformanceFee: NetOfFees Withholding Type: NetIncludingReclaim COMPOSITE DISPERSION Repor ng Period: 1/1/2011-6/30/2011 Composite Return Summary Composite Return(%) - NetOfFees Median Return (%) Arithme c Mean Return (%) Weighted Average Mean Return (%) Asset Weighed Standard Devia on (%) Equal Weighed Standard Devia on (%) Por olio Count 3 S&P 500 Index Return (%) Wilshire 5000 Total Stock Market Index Return (%) Russell 2000 Index Return (%) Year Treasury Note Return (%) NA Hang Seng Index Return (%) Nikkei 225 Index Return (%) Sensex 30 India Index Return (%) Dispersion Detail Detail for Asset Weighted Beginning Market Ending Market Weighted Standard Devia on Por olio Code Por olio Name Value Value Weight (%) TWR (%) Return (%) Wi*((Ri-WtMEAN(R))^2)(%) HangSeng Hang Seng Index Fund 26,058, ,897, Nikkei Japanese Equity Fund 246,647, ,366, SP500 S&P 500 Index Fund 58,167, ,161, , GRAND TOTAL 330,873, ,425, , T15:55:46 Page 1 of 2 Geneva Performance/ Risk 35

36 Performance/ Risk Risk Statistics Absolute Risk, Downside Risk, Benchmark-Relative Risk, Risk-Adjusted Performance and Regression risk metrics Rick Statistics report calculates various ex-post risk metrics that measure the volatility and actual realized risk of the portfolio in the past, based on past portfolio returns, benchmark returns, a minimum acceptable return, and risk-free rates. Report shows Absolute Risk, Downside Risk, Benchmark-Relative Risk, Risk-Adjusted Performance and Regression risk metrics. Risk Test Por olio Prior Updated Through: 6/18/ :00:01 AM Updated Through: 6/18/2012 6:11:37 PM PerformanceKey: GenevaTotalPor olio PerformanceFee: NetOfFees Benchmark: russmcap OpeningFlowMethod: Long Short Tax Lots Sub-Period: Monthly Accoun ng Filters: Investment,Exclude,USD,,,,,, RISK STATISTICS Repor ng Period: 1/1/ /31/2010 Absolute Risk Performance Key:risk Parameter Por olio Benchmark Difference Range Standard Devia on Annualized Standard Devia on Downside Risk Performance Key:risk Parameter Por olio Benchmark Difference Minimum Acceptable Return (%) Downside Probability (%) Expected Downside Value (%) Downside Devia on (%) VaR of 1000 at 95 Confidence (USD) Benchmark Rela ve Risk Performance Key:risk Parameter Por olio Correla on R-Squared 0.01 Tracking Error Risk-Adjusted Performance Performance Key:risk Parameter Por olio M-Squared Sharpe Ra o 2.03 Sor no Ra o Informa on Ra o Treynor Ra o Regression Performance Key:risk Parameter Por olio Beta Alpha 3.67 Annualized Alpha CAPM Beta Jensen's Alpha 3.67 Geneva 36

37 Historical VaR Historical VaR report calculates Historical Value at Risk (VaR) based on current positions and historical prices. US Equity Fund Updated Through: 2/18/ :59:59 PM Accoun ng Calendar: UTTWR Confidence Level: 90% VaRPeriodStartDate: 2/1/ :00:00 AM HISTORICAL VAR Repor ng Period: 2/1/2011-2/28/2011 Key Historical VaR (UTTWR1) -31, Calcula on Details Historical VaR for (UTTWR1)= PERCENTILE ([ , , , , , , , , , , , , , , , , , ], %) Market Value Change Key Period Start Date Period End Date Change (UTTWR1) 2/1/2011 2/2/ , (UTTWR1) 2/2/2011 2/3/ , (UTTWR1) 2/3/2011 2/4/ , (UTTWR1) 2/4/2011 2/7/2011 8, (UTTWR1) 2/7/2011 2/8/ , (UTTWR1) 2/8/2011 2/9/2011 5, (UTTWR1) 2/9/2011 2/10/ , (UTTWR1) 2/10/2011 2/11/ , (UTTWR1) 2/11/2011 2/14/ , (UTTWR1) 2/14/2011 2/15/ , (UTTWR1) 2/15/2011 2/16/ , (UTTWR1) 2/16/2011 2/17/ , (UTTWR1) 2/17/2011 2/18/ , (UTTWR1) 2/18/2011 2/22/ , (UTTWR1) 2/22/2011 2/23/ , (UTTWR1) 2/23/2011 2/24/ , (UTTWR1) 2/24/2011 2/25/ , (UTTWR1) 2/25/2011 2/28/ , T16:20:39 Page 1 of 1 Geneva Performance/ Risk 37

38 NAV & Financial Reporting Fund Structure NAV Shows beginning and ending capital, number of shares outstanding, income and ending NAV per share by legal entity and share class. Mul currency Master/Feeder Fund Updated Through: 5/25/ :25:41 PM FUND STRUCTURE NAV Repor ng Period: 2/1/2008-2/29/2008 Mul currency Master Fund Beginning Local NAV Contribu ons Distribu ons Local Income Ending Local NAV Descrip on Quan ty Quan ty Quan ty Quan ty Per Share Amount Denomina on % Change 78,565, , ,941, Mul currency Offshore Ltd 790, , USD 0.48% 28,840, , ,978, Mul currency Onshore LP 290, , USD 0.48% Total- USD 513, ,920, Mul currency Offshore Ltd Class A (USD) Series 1 (2008) 29,795, , ,619, , , USD 2.77% Class B (EUR) Series 1 (2008) 10,127, ,000, ,002, ,124, , , , EUR -0.10% Class C (GBP) Series 1 (2008) 19,860, , ,510, , , GBP 3.27% Mul currency Onshore LP Mul currency Onshore LP 29,790, , ,928, , , USD 0.46% T12:30:35 Page 1 of 1 Geneva 38

39 Fund Allocated Income Detail Displays each income item allocated to each fund structure during the period, in both the structure s denomination currency and the portfolio s book currency. Mul currency Master/Feeder Fund Mul currency Offshore Ltd Updated Through: 5/25/ :30:41 PM Accoun ng Calendar: MCMF Accoun ng Period: Feb2008 FUND ALLOCATED INCOME DETAIL Repor ng Period: 2/1/2008-2/29/2008 Income Source Descrip on Structure Book Period To Date Por olio Book Period To Date Mul currency Offshore Ltd 43,101, Class A (USD) Series 1 (2008)-USD 824, , USD 824, , Non Hot Issue 7, , Mul currency Master Fund Change in Unrealized Price Gain/Loss 7, , DividendReceipt DividendWithholdingTaxExpense Total Non Hot Issue 7, , Total Allocated from Mul currency Master Fund 7, , Non Hot Issue 817, , Mul currency Offshore Ltd Change in Unrealized FX Gain/Loss 817, , Class B (EUR) Series 1 (2008)-EUR -1,002, ,096, EUR -1,002, ,096, Non Hot Issue 237, , MCMF Class B (EUR) Change in Unrealized FX Gain/Loss 237, , Sec on988income Total Non Hot Issue 237, , Total Allocated from MCMF Class B (EUR) 237, , Non Hot Issue -28,166, Class B (EUR) Series 1 (2008) Change in Unrealized FX Gain/Loss -28,166, Non Hot Issue 1, Mul currency Master Fund Change in Unrealized FX Gain/Loss 1, Change in Unrealized Price Gain/Loss 236, , DividendReceipt 1, , DividendWithholdingTaxExpense Total Non Hot Issue 238, , Total Allocated from Mul currency Master Fund 238, , Non Hot Issue 26,688, ,370, Mul currency Offshore Ltd Change in Unrealized FX Gain/Loss 26,688, ,370, T12:31:23 Page 1 of 2 Geneva NAV & Financial Reporting 39

40 NAV & Financial Reporting Trial Balance Displays the opening and closing balance for each financial account for the specified reporting period, with or without investment detail. Mul Asset Class Fund Updated Through: 5/25/ :15:40 PM Accoun ng Calendar: Mul Asset Accoun ng Period: TRIAL BALANCE Repor ng Period: 2/1/2008-2/29/2008 Financial Account Descrip on Opening Balance Debits Credits Closing Balance Assets 449,535,276.33DR 2,608,555.82DR 1,563,573.74CR 450,580,258.41DR Investments Long 97,790,278.75CR 2,237,113.69DR 1,320,318.21CR 96,873,483.27CR Bond Futures Unrealized G/L 0.00DR 0.00DR 294,753.58CR 294,753.58CR Coll. Mortgage Obliga ons 1,133,242.01DR 8,549.11DR CR 1,141,470.13DR Coll. Mortgage Obliga ons Cost 1,130,849.14DR 0.00DR 0.00DR 1,130,849.14DR Unrealized G/L DR 3.13DR CR DR Accrued Interest 1,759.19DR 8,545.98DR 0.00DR 10,305.17DR Commodity Futures 1,311,040.00DR 28,640.00DR 207,500.00CR 1,132,180.00DR Commodity Futures Cost DR 0.00DR 0.00DR DR Unrealized G/L 1,310,840.00DR 28,640.00DR 207,500.00CR 1,131,980.00DR Common Stock 4,079,085.12DR 1,472,573.49DR 743,975.70CR 4,807,682.91DR Common Stock Cost 23,324,587.39DR 122,512.50DR 245,025.00CR 23,202,074.89DR Unrealized G/L 19,245,502.27CR 1,350,060.99DR 498,950.70CR 18,394,391.98CR Credit Default Swaps 6,869.54CR 0.00DR 10,830.56CR 17,700.10CR Credit Default Swaps Cost DR 0.00DR 0.00DR DR Unrealized G/L 1,500.00DR 0.00DR 15.00CR 1,485.00DR Accrued Interest 8,869.54CR 0.00DR 10,815.56CR 19,685.10CR Currency Futures 123,514,100.00CR 32,600.00DR 0.00DR 123,481,500.00CR Currency Futures Cost 10.00DR 0.00DR 0.00DR 10.00DR Unrealized G/L 123,514,110.00CR 32,600.00DR 0.00DR 123,481,510.00CR Equity Swaps 3,011.06CR 1,323.81DR 0.00DR 1,687.25CR Equity Swaps Unrealized G/L 2,850.00CR 1,300.00DR 0.00DR 1,550.00CR Accrued Interest CR 23.81DR 0.00DR CR Index Futures 16,000.00DR 72,600.00DR 0.00DR 88,600.00DR Index Futures Cost 60.00DR 0.00DR 0.00DR 60.00DR Unrealized G/L 15,940.00DR 72,600.00DR 0.00DR 88,540.00DR Interest Rate Futures 19,100.00DR 9,450.00DR 0.00DR 28,550.00DR Interest Rate Futures Cost 30.00DR 0.00DR 0.00DR 30.00DR Unrealized G/L 19,070.00DR 9,450.00DR 0.00DR 28,520.00DR Loans 3,837,690.50DR 517,869.08DR 0.00DR 4,355,559.58DR Loans Cost 4,098,592.99DR 0.00DR 0.00DR 4,098,592.99DR Unrealized G/L 287,275.82CR 517,869.08DR 0.00DR 230,593.26DR Accrued Interest 26,373.33DR 0.00DR 0.00DR 26,373.33DR Mortgage Backed Securi es 7,206,877.55DR 53,508.20DR 62,937.38CR 7,197,448.37DR Mortgage Backed Securi es Cost 6,638,234.36DR 0.00DR 0.00DR 6,638,234.36DR Unrealized G/L 526,854.38DR 53,508.20DR 62,937.38CR 517,425.20DR Accrued Interest 41,788.81DR 0.00DR 0.00DR 41,788.81DR Office Buildings Cost 4,000,000.00DR 0.00DR 0.00DR 4,000,000.00DR PIK Bonds 4,130,666.67DR 40,000.00DR 0.00DR 4,170,666.67DR PIK Bonds Cost 4,100,000.00DR 0.00DR 0.00DR 4,100,000.00DR Accrued Interest 30,666.67DR 40,000.00DR 0.00DR 70,666.67DR Cash Long 547,302,204.25DR 126,688.16DR 5,519.15CR 547,423,373.26DR Cost 530,000,000.00DR 0.00DR 0.00DR 530,000,000.00DR Barclays 2,087,544.07DR 1.25DR 5,519.15CR 2,082,026.17DR Barclays Cost 2,071,452.81DR 0.00DR 0.00DR 2,071,452.81DR Unrealized G/L 16,091.26DR 1.25DR 5,519.15CR 10,573.36DR Barclays Margin Account Cost 20.00DR 0.00DR 0.00DR 20.00DR Credit Suisse Cost DR 0.00DR 0.00DR DR T12:20:31 Page 1 of 4 Geneva 40

41 Multi Period Statement of Changes in Net Assets Displays revenues and expenses from Revenue, Expenses, or Accounting Related transactions that occurred during the reporting period, and that are assigned to a financial account in the MiscRevenue or MiscExpense summary financial accounts. Mul Asset Class Fund Updated Through: 5/25/ :25:41 PM Accoun ng Calendar: Mul Asset Accoun ng Period: Fiscal Calendar: Default MULTI PERIOD STATEMENT OF CHANGES IN NET ASSETS Repor ng Period: 2/1/2008-2/29/2008 Financial Account Descrip on Period To Date Year To Date Quarter To Date Month To Date Week To Date Business Day To Date Day To Date Beginning Net Asset Value 420,357, ,357, ,301, ,415, ,415, ,225, ,583, ,583, ,225, , , , ChangeInAccruedInterestLong-Long 24, , , , , , , ChangeInAccruedInterestShort-Long -10, , , , , ChangeInPIKAccruedInterestLong-Long 24, , , , , , , ContributedCost-Net ,127, ,127, DividendReceipt-Long 1, , , , InterestExpense-Long InterestReceipt-Long 128, , , , PurchasedAccruedInterestExpense-Long , , PurchasedAccruedInterestReceipt-Long Realized Gains/Losses-Long -10, , , , , Realized Gains/Losses-Net , , UnRealized Gains/Losses-Long 1,360, ,646, ,646, ,360, , , , UnRealized Gains/Losses-Net -309, ,589, ,589, , , , , UnRealized Gains/Losses-Short 17, , , , , , , Ending Net Asset Value 421,583, ,583, ,583, ,583, ,583, ,583, ,583, T12:28:54 Page 1 of 1 Geneva NAV & Financial Reporting 41

42 Geneva Customized Reports Even with the broad array of standard Geneva reports, you are likely to have specialized reporting needs that require custom reports. These can be easily created with Geneva s in-application custom reporting tools (featuring the Geneva Data Browser), Microsoft s Visual Studio Report Designer, or by Advent Custom Engineering Services (CES). The experts in CES will work with you to determine the best solution based on your predetermined business needs. CES can create a large variety of reports from scratch or modify existing reports for a very reasonable price. The Reports You Need If you re converting to Geneva from another portfolio management system, CES can create Geneva reports similar to those you ve used in the past so that clients and key staff members can continue to receive their customary reports. If you ve been creating reports in Excel, CES can replicate the Excel output and eliminate time-consuming steps in your operation. Modifying Existing Reports Sometimes an existing report meets almost all your needs, but you might want to communicate more or less information or present it in a slightly different way. No matter what your request add and remove columns, change specific calculations, redo sorting features, change column headers, or modify layouts and formats you can leverage Geneva s native tools and/or CES to create a standard Geneva report to fit your exact specifications. Automated Reporting Workflow Your reporting workflow is unique to your firm, so Geneva also offers the tools to create your own customized and automated reporting workflow to maximize your operational efficiency. You may need to run the same reports every day and distribute them via or the web, or you may want to update an external system with changes that have occurred to either persistent or derived data since the last time the extract ran. Or you may want to run and archive an end-of-day audit log which shows all the changes that have been made to the system within the past 24 hours. All of these processes can be scheduled and scripted using industry-standard tools that operate within Geneva. Users can then be alerted to any problems to be fixed in a timely manner. Contact Advent Custom Engineering Services Today For more information about the range of offerings CES delivers, call Advent Custom Engineering Services at or send an to gaces@advent.com. 42

43 Fixed Income Dashboard Customizable dashboard displays fixed income position and profit and loss by investment type along with bond analytics and allocation by bond rating. 43

44 Exposure Dashboard Daily Dashboard Customizable dashboard displays daily, month-to-date and year-to-date profit and loss along with best/worst performers and summary exposures. 44