Inflection Ranks First Worldwide In HedgeFund Intelligence League Table For 2012

Inflection also received high rankings from two other trade publications, EurekaHedge and CanadianHedgeWatch. The performance rankings were based on Inflection's net return of 18.42% for 2012. Ranking results vary among the three database publications due to participation, category definitions and other factors.

“Our diversified alternative investments are delivering significant net returns for our investors, and these rankings further validate Inflection’s strategic approach” said Ari Shiff, Founder and Head of Fund Research. “As one of very few funds of hedge funds operating in Canada, Inflection offers it’s Canadian investors access to the world’s top performing hedge fund managers who further our investment themes.”

For the London-based HedgeFund Intelligence league table, Inflection topped 42 other funds in the same category. For Singapore based EurekaHedge, Inflection was ranked fifth in a category of 2,800 funds worldwide. For Toronto-based CanadianHedgeWatch, Inflection ranked first in a category of three Canadian funds.

About Inflection Management Inc.

Inflection Management Inc. is a Portfolio Manager, Investment Fund Manager, and Exempt Market Dealer based in Vancouver BC. Inflection Management is registered as an Exempt Market Dealer in the provinces of Ontario, Quebec, Saskatchewan, Alberta, and British Columbia. Inflection’s Founder and President, Ari Shiff, has over 20 years of experience in the financial markets with particular emphasis on hedge funds, special situations, mergers, and acquisitions.

Inflection Management’s flexible investment style and markets experience allows it to select what it believes are the most appropriate mix of strategies to suit diverse market conditions and to seek to opportunistically capitalize on near term trading opportunities.

About Inflection Strategic Opportunities Fund

The Inflection Strategic Opportunities Fund (the Fund) is a fund of hedge funds. It invests in a broad array of carefully selected and analyzed hedge funds in order to capitalize on dislocations and market opportunities. The Fund has a global mandate and focuses primarily on the Americas, Europe and Asia, providing access to the expertise of hedge fund managers in identifying what it believes are exceptional investment opportunities throughout the world. Some taxable investors may find that the Fund`s structure has significant tax benefits.

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Disclaimers

Data Source for Index/Fund Performance: Kaufman Rossin Fund Services. ISOF performance numbers presented are composite net returns after

investment management and performance fees which vary by class of unit. Please refer to the Confidential Information Memorandum for more

details. Index returns shown above are for general information purposes only and do not necessarily reflect the investment objectives and risk

tolerance of the Fund. RThe returns stated reflect the mostdata current data at the time of issuing this communication issuance and. Returns may be

amended subsequently after we have reported these monthly numbers. These amendments may be due to repricing adjustments or receipt of more

accurate data, among other things, and are reflected in the next period’s document. Past performance is not necessarily indicative of future

performance. Please contact your Inflection representative or the Fund Administrator if you require further details regarding the calculated rates of

return.

MARCH 2012