Endowment

The Fund's endowment started on April 7, 2009 with a value of USD29,202,745

Analysis Period                              December 31, 2010 to December 31, 2011

Reporting Currency                        US Dollars

Statement of Assets:

End value                                                           30,524,342

 - Begin Value                                                     35,433,094

 - Sum of Cash Flows                                         -2,894,985

Cash flow adjusted change in assets                 -2,013,767

Portfolio Performance                                         -5.91%

NB: Negative sum cash flows include management fees and taxes, as well as withdrawals for grants.

The endowment is managed by Credit Suisse   

Please note: Historical information and financial-market scenarios are no guarantee for future performance