Chester Global Strategy Fund

- The Chester Global Strategy Fund is a fund of hedge funds that seeks capital preservation, appreciation, and superior risk-adjusted returns with low correlation to equity and fixed income markets. - In July 2008, the fund was down 4.77% month-to-date and had a net asset value of 94.32. Its largest strategies by allocation were multi-strategy, credit and distressed, and event-driven. - Over its lifetime, the fund has averaged annual returns of 9.72% with lower volatility than equity benchmarks, as measured by standard deviation.