May was one of the strongest months of the year, with the Absolute Return Composite Index gaining 1.5%. In particular, May was yet another strong month for the Latin American Equity Index, which rose 3.09%. The Global and U.S. Equity Indices have also continued to outperform the Composite with year-to-date figures now at 7.66% and 6.43%, respectively. Event Driven had its strongest month since January, returning 2.31%, but the Commodities Index lost ground, returning -0.06%.