CBRE Clarion Long/Short Fund

Risk

Volatility Measurements

Updated 03.31.2014

Standard Deviation 8.15
Mean 0.29
Sharpe Ratio 0.42
Bear Market Decile Rank 11

Modern Portfolio Theory Statistics

Updated 03.31.2014

Standard Index
S&P 500 TR USD
Best Fit Index
R-Squared 27.31
Beta 0.34
Alpha -1.51