Investment Funds

A&Q Neutral Alpha Strategies XL Limited

Class/Description	Valuation Date	Curr	NAV	Units	Total
Class J-USD Shares Series 1 Class J-USD Shares	30-11-2022	USD	1,509.4620	40,021	60,410,272
Class J-JPY Shares Class J-JPY Shares	30-11-2022	JPY	135,028.4010	5,232	706,481,692

Absolute Return Alpha Fund

Class/Description	Valuation Date	Curr	NAV	Units	Total
JPY Units TCW Sepulveda Equity JPY Trust	30-11-2022	JPY	10,225.0000	1,430,038	14,622,362,645

All Seasons Africa Fund Ltd

Class/Description	Valuation Date	Curr	NAV	Units	Total
D Lead Series Lead Series	31-12-2022	USD	715.4100	155,544	111,276,885
D Series 12-14 Series 12-14	31-12-2022	USD	582.0300	1,322	769,317
D Series 04-15 Series 04-15	31-12-2022	USD	628.3300	10	6,524
D Series 05-15 Series 05-15	31-12-2022	USD	615.2500	6,239	3,838,793
D Series 06-15 Series 06-15	31-12-2022	USD	630.4000	4,198	2,646,597
D Series 07-15 Series 07-15	31-12-2022	USD	649.3700	7,910	5,136,256
D Series 08-15 Series 08-15	31-12-2022	USD	694.2200	11,261	7,817,504
D Series 09-15 Series 09-15	31-12-2022	USD	746.5500	18,407	13,741,458
D Series 11-15 Series 11-15	31-12-2022	USD	764.2800	1,145	875,317
D Series 01-16 Series 01-16	31-12-2022	USD	805.9200	8,501	6,851,083
D Series 02-16 Series 02-16	31-12-2022	USD	892.1500	3,161	2,820,117
D Series 03-16 Series 03-16	31-12-2022	USD	872.1400	819	714,259
D Series 01-20 Series 01-20	31-12-2022	USD	691.7000	6	4,423
D Series 04-21 Series 04-21	31-12-2022	USD	821.5000	133	109,535
D Series 07-21 Series 07-21	31-12-2022	USD	791.9900	20,130	15,943,060
D Series 08-21 Series 08-21	31-12-2022	USD	769.1600	23,430	18,021,253
D Series 09-21 Series 09-21	31-12-2022	USD	764.5300	903	690,028
D Series 01-22 Series 01-22	31-12-2022	USD	751.7500	6,056	4,552,444
D Series 02-22 Series 02-22	31-12-2022	USD	748.6300	120	89,841
D Series 03-22 Series 03-22	31-12-2022	USD	762.2700	23,603	17,991,894
D Series 04-22 Series 04-22	31-12-2022	USD	807.1200	118	95,212

All Seasons Emerging Markets Fund Ltd.

Class/Description	Valuation Date	Curr	NAV	Units	Total
B Shares	31-12-2022	USD	1,185.8800	174,406	206,825,186

Arthur Street Portfolio III (Japan) Ltd

Class/Description	Valuation Date	Curr	NAV	Units	Total
Participating shares	30-09-2022	USD	16.9700	205,000	3,478,850

BIAS Global Portfolios, SPC

Class/Description	Valuation Date	Curr	NAV	Units	Total
Balanced Fund Class A US$ Segregated Portfolio	20-01-2023	USD	150.1000	332,010	49,833,625
Short Duration Income Fund Class A US$ Segregated Portfolio	20-01-2023	USD	115.8000	125,863	14,575,551
Equities Fund Accumulation (A) Shares US$ Segregated Portfolio	20-01-2023	USD	122.5700	273,352	33,503,782

Butterfield Bermuda Fund Limited

Class/Description	Valuation Date	Curr	NAV	Units	Total
Up to 25,000,000 Shares of BD$1.00	18-01-2023	BMD	40.7800	512,506	20,900,000

Butterfield Global Blue Chip Fund

Class/Description	Valuation Date	Curr	NAV	Units	Total
Non-Voting Redeemable Shares of US$0.01 par value	17-01-2023	USD	22.6700	454,344	10,300,000

Butterfield International Balanced Fund

Class/Description	Valuation Date	Curr	NAV	Units	Total
US Dollar Class Unlimited number of units in the Unit Trust	17-01-2023	USD	35.7800	612,073	21,900,000

Butterfield Money Market Fund Limited

Class/Description	Valuation Date	Curr	NAV	Units	Total
Class A USD Up to 200,000,000 Shares of US$0.10 each	26-01-2023	USD	26.0815	22,276,326	581,000,000
Class B USD Up to 200,000,000 Shares of US$0.10 each	26-01-2023	USD	26.6068	25,369,454	675,000,000
Class A CAD Up to 100,000,000 Shares of CAD$0.10 each	26-01-2023	CAD	17.5726	1,251,949	22,000,000
Class B CAD Up to 100,000,000 Shares of CAD$0.10 each	26-01-2023	CAD	18.0553	1,107	20,000
Class A GBP Up to 100,000,000 Shares of £0.10 each	26-01-2023	GBP	20.6679	580,610	12,000,000
Class B GBP Up to 100,000,000 Shares of £0.10 each	26-01-2023	GBP	21.1083	37,899	800,000

Butterfield Select Fund Ltd.

Class/Description	Valuation Date	Curr	NAV	Units	Total
Alternative Investment Class Up to 999,880,000Non-voting Participating Share of US$0.10 par value each	19-01-2023	USD	17.4100	1,177,484	20,500,000
Equity Class Up to 999,880,000 Non-voting Participating Shares of US$0.10 par value each	19-01-2023	USD	20.2200	3,882,294	78,500,000
Fixed Income Class Up to 999,880,000 Non-voting Participating Shares of US$0.10 par value each	19-01-2023	USD	21.0900	1,958,274	41,300,000

Butterfield US$ Bond Fund Limited

Class/Description	Valuation Date	Curr	NAV	Units	Total
Class A Up to 25,000,000 Shares of US$0.10 each	18-01-2023	USD	10.2730	1,752,165	18,000,000
Class B Up to 25,000,000 Shares of US$0.10 each	18-01-2023	USD	10.4840	9,042,350	94,800,000

Cayman National Securities Mutual Funds SPC

Class/Description	Valuation Date	Curr	NAV	Units	Total
CNS International Equity Fund Shares Up to 14,999,900 non-voting participating redeemable shares	31-12-2022	USD	8.4647	158,907	1,345,106
CNS US Bond Fund Shares Up to 14,999,900 non-voting participating redeemable shares	31-12-2022	USD	9.6845	713,464	6,909,573
CNS US Equity Fund Shares Up to 14,999,900 non-voting, participating, redeemable shares	31-12-2022	USD	21.5565	81,156	1,749,446

CG Funds SPC

Class/Description	Valuation Date	Curr	NAV	Units	Total
Class A shares Active Asset Allocation Fund SP	25-01-2023	USD	108.2350	156,336	16,921,040
Class N shares Active Asset Allocation Fund SP	25-01-2023	USD	97.9580	71,704	7,023,935
USD Class A Shares CG Global Trends SP	25-01-2023	USD	71.6630	11,714	839,435
USD Class I Shares CG Global Trends SP	25-01-2023	USD	72.5710	41,481	3,010,294
USD Class CG Shares CG Global Trends SP	25-01-2023	USD	73.0890	247,534	18,091,970

CICC Offshore Investments SPC

Class/Description	Valuation Date	Curr	NAV	Units	Total
Class E (USD) Share CICC Multi-strategy Fixed Income Fund SP Class E	29-04-2022	USD	90.9358	57,261	5,207,076

DSAM Kauthar Gold Fund

Class/Description	Valuation Date	Curr	NAV	Units	Total
Class A shares Up to 4,999,990 non-voting participating shares	03-01-2023	USD	64.8212	887	57,474

Dylan Fund (SPC) Ltd.

Class/Description	Valuation Date	Curr	NAV	Units	Total
USD Class B participating, non-voting shares Dylan Management Fund Segregated Portfolio USD Class B participating, non-voting shares	18-01-2023	USD	1,957.7700	19,665	38,498,631

E Fund (HK) Yield Enhanced Bond Fund I

Class/Description	Valuation Date	Curr	NAV	Units	Total
Class R (USD) Shares Up to 49,900,000 Participating Shares in aggregate	20-01-2023	USD	111.6800	1,444,577	161,327,384

E Fund Offshore Allocation Fund II

Class/Description	Valuation Date	Curr	NAV	Units	Total
USD Class A Class A non-voting shares	19-01-2023	USD	103.7350	389,991	40,455,630

EM Co-Investment Fund LP

Class/Description	Valuation Date	Curr	NAV	Units	Total
Class A Interests An unlimited number of A limited partnership interests	31-12-2022	EUR	16,459,247.9900	1	16,459,248
Class B interests An unlimited number of B limited partnership interests	31-12-2022	EUR	568,068.9200	1	568,069

Enhanced Index Funds (Cayman) Limited

Class/Description	Valuation Date	Curr	NAV	Units	Total
Class A Taiwan Up to 10,000,000 Class A Shares of US$0.001 par value	30-11-2022	USD	42.8214	1,297,221	55,548,773
Class D Malaysia Up to 30,000,000 Class D Shares referable to the Enhanced Malaysia Index Fund	30-11-2022	USD	11.4060	1,284,190	14,647,530
Class E South Korea Up to 30,000,000 Class E Shares referable to the Enhanced South Korea Index Fund	30-11-2022	USD	12.6546	1,586,603	20,077,901

Enhanced Index Funds PCC

Class/Description	Valuation Date	Curr	NAV	Units	Total
Enhanced Malaysia Index Fund Up to 30,000,000 redeemable shares	12-01-2023	USD	11.7448	1,280,760	15,042,224
Enhanced South Korea Index Fund Up to 30,000,000 redeemable shares	12-01-2023	USD	13.1147	1,582,181	20,749,761
Enhanced Taiwan Index Fund Up to 49,999,900 Shares of US$0.001 par value	12-01-2023	USD	43.3317	1,293,761	56,060,849

Europe Investment Fund

Class/Description	Valuation Date	Curr	NAV	Units	Total
Strategic Europe Fund Unlimited number of units	20-01-2023	EUR	4,540.0100	61,540	279,391,027
Europe Premier Fund Unlimited number of units	20-01-2023	EUR	8,820.1800	30,364	267,811,531

Galaxy BBG GLXY Bitcoin BR ETF

Class/Description	Valuation Date	Curr	NAV	Units	Total
Participating Shares An unlimited number of participating shares of par value of US$0.01 each	25-01-2023	USD	14.0296	174,641	2,450,148

GaoTeng Emerging Markets Plus Long/Short Fixed Income Alpha Fund

Class/Description	Valuation Date	Curr	NAV	Units	Total
Class I Class I non-voting shares	31-12-2022	USD	1,187.5500	73,595	87,398,454

GFI Nard Master Fund SPC

Class/Description	Valuation Date	Curr	NAV	Units	Total
Class A participating, redeemable, non-voting shares GFI Developed Markets Total Return Fixed Income Fund SP, a SP of GFI Nard Master Fund SPC	30-12-2022	USD	901.6530	50,000	45,082,651

Hudson Bay International Fund Ltd.

Class/Description	Valuation Date	Curr	NAV	Units	Total
Class A Class A Voting Participating Shares	30-11-2022	USD	1,009.5961	12,490,659	12,610,520,869

IIFL Alternatives VCC

Class/Description	Valuation Date	Curr	NAV	Units	Total
IIFL Global Bond Fund - Series II - Series A	16-12-2022	USD	98.1246	291,373	28,590,900
IIFL Global Bond Fund - Series II - Series B	16-12-2022	USD	98.1520	99,983	9,813,623

Literacy Capital plc

Class/Description	Valuation Date	Curr	NAV	Units	Total
Ordinary Shares Ordinary Shares with a nominal value of £0.001 per share	30-09-2022	GBP	3.8490	60,000,000	230,960,000

M. Kingdon Offshore Ltd.

Class/Description	Valuation Date	Curr	NAV	Units	Total
Series A1-1 Class A1-1 Shares	30-11-2022	USD	175.4622	38,494	6,754,222
Series A2-1 Class A2-1 Shares	30-11-2022	USD	169.3200	12,847	2,175,219
Series B1-1-09 Class B1-1 Shares	31-10-2022	USD	160.6410	35,767	5,745,625

NAM DIVERSIFIED STRATEGY FUND

Class/Description	Valuation Date	Curr	NAV	Units	Total
Series 1 Units An unlimited number of equal undivided shares in the Trust of the Nissay Multi-Manager Multi Asset Investment Fund	23-01-2023	JPY	9,571.0000	1,000,010	9,571,360,800
Series 2 Units An unlimited number of equal undivided shares in the Trust of the Nissay Multi-Manager Multi Asset Investment Fund	23-01-2023	JPY	9,571.0000	1,000,010	9,570,741,614
Series 3 Units An unlimited number of equal undivided shares in the Trust of the Nissay Multi-Manager Multi Asset Investment Fund	23-01-2023	JPY	9,571.0000	1,000,010	9,571,068,185

Nineteen77 Global Multi-Strategy Alpha Limited

Class/Description	Valuation Date	Curr	NAV	Units	Total
Series 1 Class J-USD shares Series 1 Class J-USD shares	30-11-2022	USD	3,572.3900	49,789	177,864,010
Series 9 Class J-USD shares Series 9 Class J-USD shares	30-11-2022	USD	938.8100	2,388	2,242,328

OAM Asian Recovery Fund

Class/Description	Valuation Date	Curr	NAV	Units	Total
Non-Voting Participating Redeemable Pref Shares	31-12-2022	USD	134.1400	2,105,194	282,388,119

OAM European Value Fund

Class/Description	Valuation Date	Curr	NAV	Units	Total
Up to 14,990,000 Non-Voting Participating Shares	31-12-2022	USD	58.8100	3,549,839	208,771,896

Orient Asian Credit Fund

Class/Description	Valuation Date	Curr	NAV	Units	Total
Class A1 Class A1 Participating Shares	31-01-2022	USD	1,024.7000	5,686	5,826,382
Class A2 Class A2 Participating Shares	31-03-2022	USD	1,038.0800	7,719	8,012,877
Class A3 Class A3 Participating Shares	30-06-2022	USD	1,051.7200	1,523	1,601,716
Class A4 Class A4 Participating Shares	31-08-2022	USD	1,067.2600	1,140	1,216,932
Class A5 Class A5 Participating Shares	31-05-2022	USD	1,065.5600	402	427,843

Scotia Canadian Equity Fund

Class/Description	Valuation Date	Curr	NAV	Units	Total
Class A Shares Redeemable Preferred Shares	26-01-2023	USD	3.4827	8,107,264	28,235,138
Class AC Shares Up to 100,000,000 Class AC Shares	26-01-2023	CAD	5.2944	1,654,838	8,761,344
Class NC Shares Up to 100,000,000 Class NC Shares	26-01-2023	CAD	4.7497	233,693	1,109,953
Class NU Shares Up to 100,000,000 Class NU Shares	26-01-2023	USD	3.4478	212,722	733,431

Scotia Global Equity Fund

Class/Description	Valuation Date	Curr	NAV	Units	Total
Class A Shares Redeemable Preferred Shares	26-01-2023	USD	3.3943	9,276,335	31,486,381
Class NU Shares Up to 100,000,000 Class NU Shares	26-01-2023	USD	3.3271	266,330	886,109

Scotia Money Market Fund

Class/Description	Valuation Date	Curr	NAV	Units	Total
Class A Shares Redeemable Preferred Shares	26-01-2023	USD	13.7846	18,847,086	259,799,625

Scotia US Dollar Bond Fund

Class/Description	Valuation Date	Curr	NAV	Units	Total
Class A Shares Redeemable Preferred Shares	26-01-2023	USD	2.5753	11,519,839	29,666,600
Class NU Shares Up to 100,000,000 Class NU Shares	26-01-2023	USD	2.4038	522,860	1,256,875

Scotia US Equity Fund

Class/Description	Valuation Date	Curr	NAV	Units	Total
Class A Shares Redeemable Preferred Shares	26-01-2023	USD	20.3470	2,154,031	43,827,973
Class NU Shares Up to 100,000,000 Class NU Shares	26-01-2023	USD	20.1011	23,931	481,045

Syfoglomad SPC

Class/Description	Valuation Date	Curr	NAV	Units	Total
Euro Class Up to 4,999,000 Euro Class Redeemable Participating Shares	31-12-2022	EUR	162.4200	270,891	43,998,513

Teutonia Opportunity Fund Limited

Class/Description	Valuation Date	Curr	NAV	Units	Total
Class A Initial Series Class A redeemable non-voting shares	30-11-2022	EUR	1,275.3467	35,862	45,736,904

Whitebox Multi-Strategy Fund, Ltd

Class/Description	Valuation Date	Curr	NAV	Units	Total
Class A Redeemable Non-Voting Participating Shares of par value US$0.01	31-12-2022	USD	1,982.8809	17,264	34,232,081
Class B Redeemable Non-Voting Participating Shares of par value US$0.01	31-12-2022	USD	1,553.5934	127,883	198,677,655
Class C Redeemable Non-Voting Participating Shares of par value US$0.01	31-12-2022	USD	1,881.3623	173,933	327,230,058

Zweig-DiMenna International Limited

Class/Description	Valuation Date	Curr	NAV	Units	Total
Class A1 Up to 500,000 Redeemable Shares of par value US$0.01 each	30-11-2022	USD	84,435.3900	54	4,537,709