Offshore Mutual Funds : J&T Funds - Class X

SELECT A FUND:

MULTI-STRATEGY HEDGE (CLASS X)

As at September 30, 2009

Investment Objective
The Fund’s objective is capital appreciation with the reduction of volatility that typically would be associated with investments in any one sector or asset class. The Fund is designed to favor risk management over total returns with a strategy that generally produces results which are uncorrelated to traditional investments. The fund is no longer offered and is wound up on an orderly basis.

The Sub-Advisor
The fund employs two Sub-Advisors. The Sub-Advisor funds seek to manage their investment to have a low beta and correlation to traditional stock and bond investments by allocating capital among a diversified group of advisors who employ a variety of defensive hedge fund strategies.

Top Ten Strategies Employed

SECTOR

%PORTFOLIO

Private Investments

Distressed-Public

Asset-Based Lending

Equity LS-Fundamental

Fixed Income/Credit

Event/Activist

Public Control

Other/Hedge

Convertibles

Relative Value Arbitrage

The Sub-Advisors employ a broad array of strategies with there underlying managers to achieve their investment objectives. Allocations to the strategies are monitored and adjusted by the Sub-Advisors on an ongoing basis.

Note: The underlying data has been obtained from sources considered to be reliable but its accuracy and completeness cannot be assured. This evaluation is for informational purposes only and is not intended to be an offer, solicitation, or recommendation with respect to the purchase or sale of any security or a recommendation of the services supplied by any money management organization. Past performance is not a guarantee of future results.
* The Annual Return represents the fund’s actual return net of all monthly fees and expenses.

Lauriston House, Lower Collymore Rock
St. Michael, Barbados West Indies BB11000

TollFree: Tel 1.866.376.6230