Monthly Performance (% change)
	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	Year
2010	2.10	5.13	5.30	-3.35	-9.85	-7.42	-1.77	4.56					-6.36
2009	3.34	4.95	16.01	7.56	26.04	7.51	9.08	8.07	13.54	-1.29	4.85	10.83	181.55
2008	-9.62	15.79	-3.44	-4.55	9.42	4.26	-28.26	-5.00	-24.74	-34.18	-12.79	3.39	-66.50
2007	4.38	5.12	7.52	9.43	5.30	0.55	3.16	-14.47	9.08	13.53	-8.24	-0.88	35.84
2006	22.08	7.48	10.59	8.15	-0.84	-1.98	2.39	1.88	-3.01	7.29	10.96	2.00	87.40
2005	8.14	11.93	-5.86	-6.02	-2.35	2.44	1.72	7.20	10.13	-8.86	6.79	7.22	34.25
2004											18.05	3.33	21.98

	Class A	Class F
Current Month NAV	$18.1406	$8.7470
Current Month Performance	4.56%	4.66%
Year-to-Date Performance	-6.36%	-5.74%

25.03%	35.64%	0.79
Annualized Compound Return	Annualized Standard Deviation	Correlation to S&P/TSX

	Multi	S&P/TSX
Annualized Compound ROR	25.03%	6.38%
Annualized Std. Deviation	35.64%	15.37%
12 Month Return	21.96%	9.62%
Winning Months	67.14%	60.58%
Average Monthly Gain	7.86%	3.28%
Average Monthly Loss	-8.64%	-3.47%
Sharpe Ratio (5.0%)	0.68	0.16
Alpha	1.52%	-
Beta	1.73	-

Depth	Length	Recovery	Peak	Valley
-70.56%	5	0	Jun-08	Nov-08
-17.8%	3	5	Oct-07	Jan-08
-14.47%	1	2	Jul-07	Aug-07
-13.61%	3	4	Feb-05	May-05
-8.86%	1	2	Sep-05	Oct-05

Growth of $1,000 (VAMI)

Exposures Current Month
Gross Long	150.42%
Gross Short	50.19%
Net*	100.23%
Long Holdings	37
Short Holdings	10
Concentration - Top 10 Holdings*	52%

Sector Allocations Long Weightings Short Weightings Agriculture 3.77% 0% Metals 8.76% 0% Gold 63.78% 16.07% Uranium 6.20% 0% Energy 45.55% 4.12% Fixed Income 15.51% 0% Other 6.86% 30.00%

* For the month of Mar-10, options exposure was calculated as "Notional X Delta". Please review the applicable offering memorandum for detailed description of strategies, objectives and risk factors. The above is provided for informational purposes only and is qualified in its entirely by way of the relevant offering memorandum, which is only available to qualified investors. It is further advised that any prospective investor consult with a professional financial advisor before investing. There can be no assurance that a fund's investment objectives will be met. The returns presented in this information sheet are net of management fees and performance fees, but do not take into account other fees that may apply such as early redemption fees. The calculation of the "Concentration - Top 10 Holdings" is the ratio of the top ten positions versus the greater of either total equity or total invested capital. Past performance cannot predict future results and the funds' net asset value, net asset value per unit or share and yields will fluctuate. Investments in the funds are only available to qualified investors in Canada who purchase their investments through a registered dealer. Please contact your registered financial advisor for further information. Source: PerTrac.