Table 2 Performance comparison for rolling window model for all funds and their clones

Funds

Convertible Arbitrage

53

8.91

4.62

5.54

4.56

3.02

5.09

Clone1

Convertible Arbitrage

53

2.45

4.24

5.66

4.54

0.59

0.58

Clone2

Convertible Arbitrage

53

10.11

4.95

6.17

4.51

1.88

0.47

Funds

Dedicated Short Bias

13

3.37

4.84

18.98

8.31

0.17

0.39

Clone1

Dedicated Short Bias

13

−1.05

5.99

15.93

6.41

−0.16

0.47

CLone2

Dedicated Short Bias

13

7.58

3.57

14.92

5.77

0.58

0.30

Funds

Emerging Markets

67

21.50

10.60

15.43

9.80

1.77

1.15

Clone1

Emerging Markets

67

9.53

9.20

14.64

8.81

0.73

0.40

CLone2

Emerging Markets

67

19.69

13.36

14.56

8.97

1.40

0.35

Funds

Equity Market Neutral

76

7.16

5.20

7.66

7.14

1.75

2.46

Clone1

Equity Market Neutral

76

4.15

5.24

7.20

6.53

0.65

0.55

CLone2

Equity Market Neutral

76

7.69

5.55

7.41

7.30

1.18

0.47

Funds

Event Driven

59

11.48

5.72

7.11

3.41

1.81

0.90

Clone1

Event Driven

59

5.86

4.58

7.75

4.30

0.86

0.52

CLone2

Event Driven

59

7.63

5.80

7.59

4.48

1.10

0.46

Funds

Fixed Income Arbitrage

42

8.83

3.13

4.64

2.72

3.13

4.25

Clone1

Fixed Income Arbitrage

42

3.04

3.49

5.03

3.45

0.79

0.49

CLone2

Fixed Income Arbitrage

42

4.14

2.54

4.97

3.54

1.03

0.46

Funds

Global Macro

62

13.05

6.37

13.38

6.18

1.10

0.54

Clone1

Global Macro

62

9.05

10.92

13.55

7.54

0.69

0.65

CLone2

Global Macro

62

14.83

11.88

13.34

7.32

1.16

0.64

Funds

Long/Short Equity Hedge

498

12.90

7.63

12.24

6.74

1.19

0.54

Clone1

Long/Short Equity Hedge

498

9.94

8.40

12.47

6.75

0.83

0.47

CLone2

Long/Short Equity Hedge

498

11.21

6.72

11.92

6.71

1.05

0.48

Funds

Managed Futures

211

12.21

7.08

17.43

9.75

0.81

0.49

Clone1

Managed Futures

211

16.01

13.39

17.78

10.74

0.92

0.49

CLone2

Managed Futures

211

14.38

12.72

17.23

10.68

0.87

0.51

Funds

Multi Strategy

91

9.96

5.36

7.45

5.40

1.75

1.11

Clone1

Multi Strategy

91

4.02

8.51

8.32

6.33

0.77

0.67

CLone2

Multi Strategy

91

6.61

10.63

8.31

6.23

1.06

0.79

Funds

Fund of Funds

323

9.32

3.49

6.20

4.25

1.88

0.84

Clone1

Fund of Funds

323

5.16

3.39

5.83

4.19

0.96

0.29

CLone2

Fund of Funds

323

8.38

6.47

5.82

4.11

1.45

0.29