Performance

Brookdale races ahead

by

The emerging markets strategy was a top performer for the month of March, owing to factors including increased liquidity, geopolitical

events, and higher commodity prices. The plunge in U.S. Treasuries mid-month hurt U.S. markets but contributed to the strong performance of emerging markets strategies. Among the winners for this month were the Brookdale International Partners LP fund, which gained 5.81%, bringing its three-month total to 12.83%; the Marathon Master fund, which notched a 2.46% gain; and the Moore Emerging Markets fund, which achieved a 1.16% gain for the month of March. The Boyer Allan Pacific Partners LP fund,