Altima Global Special Situations Fund — USD - July 2008

The Altima team employs an opportunistic approach and is focused on a small number of transactions. The fund has can invest in liquid and illiquid special situations. Where appropriate, hedging mechanisms are used to help reduce market risk.

The fund uses a screening process including Bloomberg, Holt and other proprietary screens. It focuses on neglected companies and countries, reviewing composite analyst recommendations, buys versus sells, coverage versus capitalisation. It focuses on market i