TCS - THE CAMBRIDGE STRATEGY

GLOBAL ERMERGING MARKETS ALPHA PROGRAMME

Current Monthly Performance - February 2012

Month:

Year:

Month to Date:	0.47%
*Year to Date:**	5.01%
*12 Months to Date:**	16.9%

* At end of last month

Daily Return

(as at close of business PT)

Graph
Tabular Data

Chart.

Date	Daily Return
1st Feb	0.51 %
2nd Feb	0.41 %
3rd Feb	0.21 %
6th Feb	-0.43 %
7th Feb	0.54 %
8th Feb	0.29 %
9th Feb	-0.10 %
10th Feb	-1.08 %
13th Feb	0.42 %
14th Feb	-0.68 %
15th Feb	-0.02 %
16th Feb	-0.51 %
17th Feb	0.55 %
20th Feb	0.41 %
21st Feb	-0.22 %
22nd Feb	-0.23 %
23rd Feb	0.38 %
24th Feb	-0.04 %
27th Feb	-0.28 %
28th Feb	0.33 %
29th Feb	0.01 %

Awards

> Winner: 2010 Best F/X Hedge Fund, Hedge Fund Review
The Cambridge Strategy Emerging Markets Alpha Programme

> Nominated: 2010 Currency Manager of the Year, European Pension Magazine Awards

> Nominated: 2010 Currency Manager of the Year, Global Pensions Awards

> Winner: 2009 Best F/X Hedge Fund, Hedge Fund Review
The Cambridge Strategy Asian Markets Alpha Programme

> Nominated: 2007 Currency Manager of the Year, Professional Pensions.

> Nominated: 2007 Currency Manager of the Year, Specialist & Alternative Investment Manager Awards.

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