Uni-Hedge

Fund Investment Objectives

Uni-Hedge Global Equity (USD) is a multi-manager, multi-strategy fund managed according to Unigestion's Equity Hedge approach. The objective of this approach is to offer a higher risk -adjusted return than Global Equity Markets, combining the asymmetrical return and volatility characteristics of the underlying managers in the Equity Hedge and Arbitrage universe. The weightings attributed to the sub-strategies are established to maximize participation to rising Equity Markets, while offering protection to the downside. Management Fee and Incentive Fee are at the level of the Master Fund. Firm does not disclose AUM. This fund's launch date is June 30, 2004.