The Snapshot contains early Lipper hedge fund performance readings (based on Lipper Global Hedge Classifications) as at the end of April 2010.

• Hedge fund strategies’ performance posted mixed results for April, with the Lipper Hedge Fund Composite Index ending the month almost flat (+0.02%).
  
• Other Hedge (+1.65%) was the best performing strategy for the month, benefiting from volatility spikes.
  
• Convertible Arbitrage (+0.54%) was the runner-up, sustained by benign equity market sentiment and volatility patterns edging higher. Meanwhile, Managed Futures (+0.41%) delivered a healthy return at the end of the month as commodities markets continued to trade higher.
  
• Long Bias (+0.01%) and Long/Short Equity (-0.11%), focusing on U.S. companies, registered disappointing returns for April.
  
• Managed Futures (+0.40%) performed relatively well for April as commodities continued to trend higher during the month.