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FTSE EDHEC-Risk Efficient Indexes: December 2011

United States	0.85%
United Kingdom	-0.41%
Eurobloc	0.38%
Developed Europe	-2.23%
Dev. Europe ex. UK	-2.54%
Japan	0.97%
Dev. Asia ex. Jap.	-1.50%
Asia-Pac. ex. Jap.	-0.56%
Asia-Pacific	0.33%
Developed	-0.16%
Emerging	-0.79%
All World ex. US	-1.10%
All World ex. UK	-0.12%
All World	-0.23%

EDHEC-Risk Alternative Indexes: December 2011

Conv. Arb.	0.29%
CTA Global	0.34%
Dist. Sec.	0.50%
Emg. Mkts	-1.81%
Eq. Mkt Neut.	0.06%
Event Driven	-0.34%
Fix. Inc. Arb.	0.45%
Global Macro	-0.22%
L/S Equity	-0.56%
Merger Arb.	0.56%
Rel. Value	0.12%
Short Selling	0.41%
FoF	-0.54%

EDHEC-Risk IEIF Commercial Property: December 2011

Price (FR)	2.11%
Total Return (FR)	2.11%