Headstart Fund of Funds tops rankings

_*The investable Headstart Fund of Funds, advised by Headstart
Advisers, has claimed its place at the top of the leader board of the
Investhedge rankings for multi-strategy funds of hedge funds over the
last three, six and 12 months.*_

__

The fund has a year to date return of 13.94 per cent to the end of
November 2010.

Headstart's performance this year compares favourably with fund of
funds indices such as the HFRI Fund of Funds Composite Index (+3.43
per cent year to date), the Barclay Fund of Funds Index (2.85 per
cent) and the EurekaHedge Fund of Funds Index (2.6 per cent).

The fund has been advised by Headstart Advisers' chief investment
officer Najy Nasser since it started in November 1999.

Its 11 year track confirmation has an annualised return of 6.82 per
cent with a volatility of 8.01 per cent per cent. An investment at the
inception of the fund would have approximately doubled by now, whereas
the S&P 500 index is down 13.18 per cent in the same 11 year time
period.

Since January 2009 the Headstart Fund of Funds has had an annualised
rate of return of 16.62 per cent with a volatility of 6.68 per cent.

Nasser says: "Our fund has performed consistently during 2009 and
throughout 2010 after what was a hard 2008 for nearly everyone in our
industry.

"We are particularly pleased with our outperformance against the
indices we are most usually compared. In what has been a hard year for
hedge funds with a wide disparity of returns, all of our underlying
positions are positive for the year to date which is a strong
testament to the quality of the funds within the portfolio."

Source: Hedgeweek.com