The Other Investments class includes investments in external hedge funds, ABTNs (asset-backed term notes), and asset allocation activities designed to actively manage the asset allocation of the Caisse's overall portfolio.
As at December 31, 2012, this class consisted of three portfolios.
| Other investments | Depositors' net assets1 |
| Hedge Funds | $3.2 billion |
| Asset Allocation | $1.1 billion |
| ABTN2 | $(0.83) billion |
1 Net assets are net of operating expenses.
2 The ABTN portfolio financing exceeds the fair market value of its investments and mainly accounts for the negative net assets.
2 The ABTN portfolio financing exceeds the fair market value of its investments and mainly accounts for the negative net assets.

To grow the funds of our
