1. Hilltop Decorrelated Fund Correlation with MSCI
World Index
Inception to date, rolling 24months
1
0.9
0.8
0.7
0.6
0.5
0.4
0.3
0.2
0.1
0
-0.1
-0.2
-0.3
-0.4
-0.5
-0.6
-0.7
-0.8
-0.9
-1
Aug-10
Aug-11
Aug-12
Apr-10
Apr-11
Apr-12
Dec-09
Dec-10
Dec-11
Dec-12
High Up MiddleUp Lowup