Fintuitive

Simulated Performance for MARSHALL WACE, LLP

Performance Trend (13F securities)

Reporting Period	Quarterly Simulated Performance	Quarterly Hit Rate	Annual Simulated Performance	Annual Hit Rate
June 30, 2013	6.98 %	0.70	37.38 %	0.87
March 31, 2014	5.21 %	0.65	11.15 %	0.62
June 30, 2014	-1.99 %	0.37	7.25 %	0.60
Sept. 30, 2014	6.79 %	0.69	1.32 %	0.47
Dec. 31, 2014	3.79 %	0.63	-3.63 %	0.43
March 31, 2015	2.16 %	0.48	-5.92 %	0.37
June 30, 2015	-9.64 %	0.20	-5.16 %	0.38
Sept. 30, 2015	4.84 %	0.64	12.21 %	0.68
Dec. 31, 2015	-2.05 %	0.52	12.03 %	0.71
March 31, 2016	2.00 %	0.60	18.95 %	0.78
June 30, 2016	7.27 %	0.69	21.59 %	0.75
Sept. 30, 2016	2.99 %	0.59	17.90 %	0.72
Dec. 31, 2016	7.95 %	0.71	22.55 %	0.72
March 31, 2017	4.03 %	0.66	16.45 %	0.65
June 30, 2017	4.08 %	0.70	13.63 %	0.70
Sept. 30, 2017	5.61 %	0.69	14.88 %	0.65
Dec. 31, 2017	0.07 %	0.47	-8.12 %	0.33
March 31, 2018	4.80 %	0.65	5.11 %	0.55
June 30, 2018	4.44 %	0.64	3.56 %	0.55
Sept. 30, 2018	-17.31 %	0.12	-0.14 %	0.43
Dec. 31, 2018	15.55 %	0.85	30.64 %	0.78
March 31, 2019	3.12 %	0.58	-19.38 %	0.19
June 30, 2019	-1.21 %	0.47	2.91 %	0.37
Sept. 30, 2019	8.74 %	0.75	14.62 %	0.47
Dec. 31, 2019	-23.89 %	0.08	21.96 %	0.57
March 31, 2020	25.46 %	0.89	68.15 %	0.94
June 30, 2020	9.01 %	0.60	44.45 %	0.89
Sept. 30, 2020	16.45 %	0.87	33.29 %	0.82
Dec. 31, 2020	6.06 %	0.68	16.51 %	0.64
March 31, 2021	6.04 %	0.64	-3.21 %	0.48
June 30, 2021	-1.65 %	0.43	-21.46 %	0.29
Sept. 30, 2021	2.15 %	0.53	-22.71 %	0.30
Dec. 31, 2021	-5.77 %	0.42	-19.82 %	0.33
March 31, 2022	-14.87 %	0.27	-8.09 %	0.41
June 30, 2022	-3.05 %	0.50	14.07 %	0.60
Sept. 30, 2022	7.02 %	0.71	13.29 %	0.63
Dec. 31, 2022	5.69 %	0.63	19.23 %	0.63
March 31, 2023	7.01 %	0.59	25.27 %	0.63
June 30, 2023	-4.44 %	0.37	19.07 %	0.55
Sept. 30, 2023	12.60 %	0.73	32.93 %	0.69
Dec. 31, 2023	10.24 %	0.62	18.12 %	0.55
March 31, 2024	0.95 %	0.39	2.41 %	0.44
June 30, 2024	5.79 %	0.67	-	-
Sept. 30, 2024	2.76 %	0.46	-	-
Dec. 31, 2024	-4.84 %	0.35	-	-
March 31, 2025	-	-	-	-