2016 - 1st Quarter Review

Performance across our portfolios was very pleasing for the three month review period, but the performance masked the volatility experienced in the market.

Our Global Bond USD Composite returned +4.39% over the quarter and in our Global Bond Euro Hedged Composite a return of +4.36% was achieved.

Our Renminbi Bond USD Composite returned +7.48% for the three month period.

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