The Dow Jones Credit Suisse Hedge Fund Index (the "Broad Index") fell for a second straight month, finishing down 3.20% in September versus a monthly loss of 9.88% for the Dow Jones Global Index.

Oliver Schupp, President of Credit Suisse Index Co., LLC,said, "The Dow Jones Credit Suisse Hedge Fund Index fell 3.20% in September, marking its largest one month decline in more than a year. Yet for many investors, the hedge fund industry continues to remain attractive on a relative basis compared to other asset classes. For example, equities, as reflected by the Dow Jones Global Index, lost 9.88% last month." Schupp continued, "Despite the drawdown, hedge funds appear to have performed in line with investor expectations and to have provided a level of capital preservation during an increasingly difficult market period. As a result, the hedge fund industry saw an estimated$25 billionin inflows year-to-date."