Dunham Alternative Strategy Fund

Risk

Volatility Measurements

Updated 03.31.2014

Standard Deviation 6.16
Mean -0.4
Sharpe Ratio -0.79
Bear Market Decile Rank 97

Modern Portfolio Theory Statistics

Updated 03.31.2014

Standard Index
Credit Suisse Mgd Futures Liquid TR USD
Best Fit Index
MSCI EAFE Value NR USD
R-Squared 3.36 40.28
Beta 0.16 0.22
Alpha -4.46 -6.75