Credit Suisse/Tremont Completes Semi-Annual Rebalancing of the AllHedge Index, the Blue Chip Index and the LEA Index.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- The Credit Suisse Index Co., Inc announced that as of October 1, 2009, the Credit Suisse/Tremont AllHedge Index ("SECTAH"), the Credit Suisse/Tremont Blue Chip Index ("INVX") and the Credit Suisse/Tremont Specialty Indices ("LEA") completed their routine semi-annual rebalancing Rebalancing The process of realigning the weightings of one's portfolio of assets. Notes: For example, if your portfolio's proportion of stock has grown too large for your intended assets weightings and risk tolerance, you might rebalance by selling some stock and putting of funds. The Credit Suisse/Tremont family of hedge fund hedge fund, in finance, a highly speculative, largely unregulated investment device. Originating in the 1950s, the funds "hedge" by offsetting "short" positions (borrowing a security and then selling it at a higher price before repaying the lender) against "long" indices includes four separate indices: 1. The Hedge Fund Index (the "Broad Index"), an asset-weighted benchmark that measures hedge fund performance; 2. The AllHedge Index ("SECTAH"), an investable index comprised of all 10 Credit Suisse/Tremont Sector Invest indices weighted according to the sector weights of the Broad Index; 3. The Blue Chip Index ("INVX"), an investable index comprised of the 60 largest funds across the ten style-based sectors in the broad index; 4. The Specialty Indices, the first of which is the LEA Index, an asset-weighted, composite index Composite Index A grouping of equities, indexes or other factors combined in a standardized way, providing a useful statistical measure of overall market or sector performance over time. Also known simply as a "composite". which provides insight in to three specific regions of the emerging markets hedge fund universe (Latin America, EEMEA EEMEA Eastern Europe, Middle East, and Africa (region) (Emerging Europe, Middle East and Africa) and Asia). The rebalancing for SECTAH resulted in the addition of 6 funds, the rebalancing for INVX resulted in the addition of 7 funds, and the rebalancing for LEA resulted in the addition of 8 funds. The indices are constructed on an objective, rules-based methodology, which includes the following criteria: * Funds for SECTAH and INVX are selected from the Broad Index * Funds for SECTAH generally represent the largest eligible funds in each of the ten sectors weighted according to the sector weights of the Broad Index * Funds for INVX generally represent the six largest eligible open funds in each of the ten sectors * Funds for LEA generally represent the largest eligible funds in each of the three regions in the LEA investable index universe * Funds are determined by application of construction rules The funds that were added in SECTAH include: Aristeia International Limited Fund, Contrarian Fund I Offshore Ltd., CQS CQS See Consolidated Quotation System (CQS). Convertible and Quantitative Strategies Feeder Fund Feeder Fund A fund that conducts virtually all of its investing through another fund (called the master fund). Notes: This is similar to a fund-of-funds arrangement, except that the master fund manager is responsible for managing the underlying investments. , FX Concepts (SAC) Ltd. GCP GCP Good Clinical Practice GCP Ground Control Point GCP Global Carbon Project GCP Gateway Control Protocol GCP Global Consciousness Project GCP Granulocyte Chemotactic Protein GCP Grand Central Parkway (New York) Fund, Halcyon hal·cy·on n. 1. A kingfisher, especially one of the genus Halcyon. 2. A fabled bird, identified with the kingfisher, that was supposed to have had the power to calm the wind and the waves while it nested on the sea Offshore Fund Limited, LYZ Global Offshore Fund Ltd. As of October 1, SECTAH is comprised of 92 constituent hedge funds. The funds that were added in INVX include: Analytic US Market Neutral Offshore Ltd, Aristea International Limited Fund, CQS Convertible and Quantitative Strategies Feeder Fund Limited, Everest Capital Emerging Markets Ltd., Graham Global Investment Fund (Disc Portfolio), Nisswa Fund Ltd. and O'Connor Global Multi-Strategy Alpha Ltd. Fund. As of October 1, INVX is comprised of 60 constituent hedge funds. The funds that were added in LEA include: BBM BBM Brokeback Mountain (book/movie) BBM Bureau of Broadcast Measurement BBM Bachelor of Business Management BBM Break Before Make BBM Bread Board Model BBM Bulk Business Mail BBM Bahn Brenner Motorsport Gauss Fund, Henderson Asia Pacific Absolute Return Fund, Hermitage Fund, Maua Brasil Fund, MQ Asia Long Short Fund, OCCO OCCO Office of Commissioned Corps Operations OCCO Online Clinical Communications for Ophthalmologists Eastern Europe Fund, Renaissance Africa Fund and UFG UFG Universidade Federal de Goiás UFG United Financial Group UFG Up for Grabs UFG United Freight Global UFG United Food Group Inc (Elgin, IL) UFG Unravel Flow-Graph Russia Select Fund Ltd. As of October 1, LEA is comprised of 33 constituent hedge funds. The new constituent funds were added as of October 1, 2009. After the rebalancing, the sector weightings for SECTAH are as follows: [TABLE OMITTED] After the rebalancing, the sector weightings for INVX are as follows: [TABLE OMITTED] After the rebalancing, the regional breakdown for LEA is as follows: [TABLE OMITTED] Credit Suisse As one of the world's leading banks, Credit Suisse provides its clients with private banking, investment banking and asset management services worldwide. Credit Suisse offers advisory services advisory services advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal , comprehensive solutions and innovative products to companies, institutional clients and high-net-worth private clients globally, as well as retail clients in Switzerland. Credit Suisse is active in over 50 countries and employs approximately 47,800 people. Credit Suisse is comprised of a number of legal entities around the world and is headquartered in Zurich. The registered shares (CSGN CSGN Cyber Sports Gaming Network (UK) CSGN coordinating subgroup for narcotics (US DoD) CSGN Strike Cruiser, Nuclear Powered (US Navy ship designation) ) of Credit Suisse's parent company, Credit Suisse Group AG, are listed in Switzerland and, in the form of American Depositary Shares American Depositary Share (ADS) Foreign stock issued in the US and registered in the ADR system. (CS), in New York. Further information about Credit Suisse can be found at www.credit-suisse.com. Asset Management In its asset management business, Credit Suisse offers products across the full spectrum of investment classes, ranging from equities, fixed income and multi-asset class products, to alternative investments such as real estate, hedge strategies, private equity and volatility management. 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Certain information contained in this document constitutes "Forward-Looking Statements" (including observations about markets and industry and regulatory trends as of the original date of this document), which can be identified by the use of forward-looking terminology such as "may," "will," "should," "expect," "anticipate," "target," "project," "estimate," "intend," "continue" or "believe," or the negatives thereof or other variations thereon or comparable terminology. Due to various risks and uncertainties beyond our control, actual events, results or performance may differ materially from those reflected or contemplated in such forward-looking statements. Readers are cautioned not to place undue reliance on such statements. Credit Suisse has no obligation to update any of the forward-looking statements in this document. |
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