BEF Fund ranked first on BarclayHedge

Dear investor!

We are proud to inform you that Balkan Emerging Frontiers Fund was ranked first by BarclayHedge database, in category Emerging Markets – Eastern Europe & CIS for period of last 12 months (01.08.2010-31.07.2011). The Fund was ranked first in categories Compounded Annual Return and Sharpe ratio.