Hatteras Alpha Hedged Strategies Fund

Fund Holdings

Asset Allocation

% Long % Net
Cash 0.99 0.99
Stocks 0.0 0.0
Bonds 0.0 0.0
Other 99.01 99.01
Foreign Bonds 0.0 0.0
Foreign Stocks 0.0 0.0
Convertible 0.0 0.0
Preferred 0.0 0.0

Updated 12.31.2012

Top 10 Holdings

Performance as of 04.30.2013

Portfolio as of 12.31.2012

% Net Assets
Underlying Fds Tr 31.25
Underlying Fds Tr 26.48
Underlying Fds Tr 15.16
Underlying Fds Tr 13.2
Underlying Fds Tr 12.92

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