ABOUT PERFORMANCE FUNDS LETTERS TO INVESTORS PRESS COMPANY NEWS DOCUMENTS
News
June 2008 Pharos Gas Fund featured in Financial Times Press
June 2008 Pharos' strong returns highlighted in Opalesque Press
May 2008 Kevin Dougherty in Euromoney Press
Apr. 2008 Pharos Financial Group featured in Opalesque Press
Apr. 2008 Peter Halloran in Business New Europe Press
Mar. 2008 Peter Halloran in Institutional Investor Press
Mar. 2008 Pharos Gas Fund featured in Hedge Fund Alert Press
Mar. 2008 Peter Halloran in The Moscow Times Press
Mar. 2008 Kevin Dougherty on Russia Today Press
Mar. 2008 Peter Halloran in Seeking Alpha Press
Mar. 2008 Peter Halloran on Bloomberg Press
Feb. 2008 Peter Halloran in Hedge Fund Intelligence Press
Feb. 2008 Peter Halloran on CNBC Europe Press
Feb. 2008 Peter Halloran on Bloomberg Press
Feb. 2008 Peter Halloran in Hedge Week Press
Feb. 2008 Peter Halloran in Lipper Hedge World Press
Jan. 2008 Peter Halloran in HedgeCo.Net Press
Jan. 2008 Peter Halloran in FIN Alternatives Press
Jan. 2008 Peter Halloran in The Moscow Times Press
Jan. 2008 Peter Halloran in Euromoney Press
- Daily market comment
July 17, 2008 NAV1 DAYMTDYTD12 M
PHAROS RUSSIA FUND   239.50.5%-6.6%-3.1%0.3%
PHAROS GAS INVESTMENT FUND   4465.61.0% -5.3%-2.2%15.0%
PHAROS SMALL CAP FUND   151.9-0.4% -8.6%-2.4%-7.7%

Pharos Financial Group is one of the most experienced Russian hedge fund managers specializing in the securities markets of Russia and the former Soviet Union. With a eleven year history through up and down markets, Pharos has a proven record of superior absolute returns with Russian Hedge Funds and Russia Hedge Fund Investing. Pharos provides institutions and private investors an opportunity to gain exposure to the emerging markets of the former Soviet Union.


Analyze This: Russian Politics; Fund Strategy; Outlook For Russia's Growth
Bloomberg-Clip ? Mar. 03, 2008. 03:39 AM EST


Medvedev sweeps Russia election, says 'well triumph'; Russian strategy in wake of Medvedev election victory; Analysis by Peter Halloran of Pharos Financial.