World Finance (www.worldfinance.com) announced it awarded Tera Capital Fund one of the world‘s most coveted awards: the Most Innovative Fund of Funds in 2010. The award is based on two primary criteria: innovation and performance. A video of the award given at the London Stock Exchange and interview with Mr. Enneking, one of Tera‘s founders, can be seen here: http://www.worldfinance.tv/#/investment/enneking-2011. The award follows hard on the heels of Tera finishing 2010 as the number 2 ranked fund of funds in world by Eurekahedge (out of 2,512 FoFs) with performance of almost 25% -- outperforming every Russian stock market index and over 80% of Russian funds.

Tera Capital Fund was launched by Altima Asset Management in April 2005 as a fund of funds focused primarily on Russia. It was the first and remains the only fund of funds in the world with this specific geographic focus. It is also singular in that Altima Asset Management, the investment management company that manages Tera, charges no fees other than a success fee. Tera is the only fund managed by Altima.

Altima Asset Management maintains the largest and most comprehensive data base of Russian-focused and Russian-based funds in the world, with over 900: more than Bloomberg, Morningstar, Eurekahedge or any other rating or tracking organization. This allows Tera to select the absolute best and most professional funds and maximize returns while minimizing risk.

Tera was ranked number 2 among 2,512 funds of funds worldwide in terms of performance for 2010. For 2009, Tera was ranked number 8 in the world in terms of annual performance; for 2005, Tera was ranked number 1 in the world. Tera is also a finalist for the award as the "Most Innovative Fund of Funds in Europe" for July 2009-June 2010 period by Hedge Funds Review.

Prior to the recent economic crisis, Altima guided Tera to net returns to investors exceeding 35% annually since inception. Even during the crisis at no time did early Tera investors lose any money -- even on paper. Tera has proven to be a particularly strong defensive investment, while providing excellent returns. While Russian equity markets fell back to levels last reached almost 6 years ago and US equity markets fell back to levels reached more than 12 years ago, Tera gave up approximately 3.5 years of gains -- and has already recovered most of that.

Including the crisis and since inception, Tera has returned almost 18% annually to its shareholders. At no time during the crisis did early investors in Tera lose any money, even on paper.

Eurekahedge has included Tera in its “Top 10” tables for monthly performance, performance year-to-date, annualized performance since its inception over 80 times.