EFTA00288207.pdf

Atorus, LLC 4/8/2014 Current Date: 4/8/2014 Change on Day: 0.19% Total Return since 1/1/12: 79.38% MSCI World Change on 712M Return: 37.33% Day 0.27% T90 Day Return: 0.04% No of Positions T30 Day Return: -4.52% (+MTM) on Day 194 Current Long Exposure @ Cost: 4,790,909 No of Positions (-MTM) Current Short Exposure @ Cost: (945,077) on Day 234 Net Exposure: 3,845,832 Current No. of Starting Capital: 1,000,000 Positions: 432 Current NAV: 1,793,758 Current Leverage (Gross Exposures): 3.20 Profit Factor: Win Ratio: T24M (+) NAV Days T24M Avg. Daily NAV (+) Change T24M Avg. Daily NAV (.) Change Target Vo!adj. Risk Listed Equities Target Vo!adj. Risk Global Macro Targeted Max Loss (ex•Leverage) Leverage Target At Inception: Notes on Leverage: T24M Sharpe Ratio: Historical Sharpe & Notes: Historically 2.25X • 3.25X, depending on measurement Interval 40% - 50% historically .0.90% 50.00% 50.00% 10.00% 2X We implement leverage of 2X, in other words at inception we upsize our positions by a factor two times greater than our volatility adjusted position sizing. Leverage levels can be customized to eac h investor. Historical sharpe ratio is in excess of 2.0X (backtest from 1995, see Investor Presentation). Our sharpe ratio increases materially during market downturns in excess of 20 days of realized volatility. Since we generate positive returns in these environments, the variance in our downside volatility is materially less than broader markets. Recessions, which generally result in market directionality in excess of 20 days of volatility are significant alpha capture opportunities for us. Additionally, by never dollar cost averaging and concurrently adding to our winners we have an inherent assymetry in our volatility profile. NAV 2,800,000.00 1,800,000.00 1,800,000.00 1,400,000.00 1,200,000.00 1,000,000.00 800,0120.00 880,000.00 (pi e e 4, op Ate cp ,s4s 4s 4s' 4.s‘O13 O,y3 4s 7p Orb op —NAV EFTA00288207 Atorus, LLC 4/8/2014 Largest Exposures Current Positions 97.5th Percentile 2.5th Percentile (@ cost ex- MTM) Largest MTM Gains Current Posi ions (90th Percentile MTM Gains % NAV) Security Notional 22 Positions CO1 Comdty (24,622) MEXBOL Index (26,146) ZA_TSY CREDIT (26,519) INDEXCF Index (26,563) SHCOMP Index (33,700) SE_TSY CREDIT (39,490) US_TSY CREDIT (40,135) JP_TSY CREDIT (59,678) SPX Index 62,272 CH_TSY CREDIT 65,265 DK_TSY CREDIT 67,396 STBCNZL Index 73,231 MY_TSY CREDIT (73,802) DE_TSY CREDIT 74,397 FR_TSY CREDIT 75,130 SG_TSY CREDIT (76,599) BE_TSY CREDIT 76,813 AT_TSY CREDIT 77,381 IE_TSY CREDIT 78,270 NL_TSY CREDIT 78,610 FI_TSY CREDIT 78,860 CA_TSY CREDIT (97,153) NAV Impact by Category & Exposure Listed Equity Long -0.058% Listed Equity Short -0.121% EquityCom Long 0.052% EquityCom Short -0.100% G20 Rates Long 0.224% G20 Rates Short -0.154% % of Total Notional Security MTM Gain % Total NAV 29.22%l 44 Positions 26.94% 0.43% AEX Index 6,199 0.35% 0.46% MAERSKB DC Equity 6,227 0.35% 0.46% UTX US Equity 6,243 0.35% 0.46% ROG VX Equity 6,315 0.35% 0.59% EDF FP Equity 6,456 0.36% 0.69% SXXP Index 6,516 0.36% 0.70% SX6P Index 6,555 0.37% 1.04% PS120 Index 6,876 0.38% 1.09% SX7E Index 6,888 0.38% 1.14% SMI Index 7,043 0.39% 1.17% ACA FP Equity 7,114 0.40% 1.28% SXSE Index 7,302 0.41% 1.29% PRO LN Equity 7,325 0.41% 1.30% FTSEMIB Index 7,402 0.41% 1.31% DAI GR Equity 7,570 0.42% 1.34% ASE Index 7,711 0.43% 1.34% BEL20 Index 8,084 0.45% 1.35% HEX Index 8,277 0.46% 1.36% MMM US Equity 8,318 0.46% 1.37% BAYN GR Equity 8,552 0.48% 1.37% DAX Index 8,581 0.48% 1.69% TMO US Equity 8,586 0.48% IT_TSY CREDIT 8,597 0.48% MDT US Equity 8,633 0.48% MC US Equity 9,332 0.52% KFX Index 9,810 0.55% TYC US Equity 9,865 0.55% IBEX Index 9,962 0.56% SXMP Index 10,281 0.57% ES_TSY CREDIT 10,781 0.60% LUX) Index 10,873 0.61% SXAP Index 11,035 0.62% XLV US Equity 11,333 0.63% SXIP Index 11,567 0.64% NDX Index 11,659 0.65% SXOP Index 11,799 0.66% RTY Index 12,681 0.71% GILD US Equity 12,794 0.71% SPX Index 16,951 0.95% SXTP Index 21,718 1.21% EFTA00288208 SXDP Index 22,619 1.26% ISEQ Index 24,869 1.39% IE_TSY CREDIT 31,609 1.76% STBCNZL Index 34,318 1.91% No. Names by Category APAC Long 24 APAC Short 23 (MEA Long 74 (MEA Short 12 AMER Long 169 AMER Short 35 EquityCom Long 62 EquityCom Short 10 G20 Rates Long 16 G20 Rates Short 7 Total Long 345 Total Short 87 Current Exposure by Geography (listed Equl les) & Macro (Equity Indices & Commodiites, G20 Gov. Credit) $2,000,000 $1,500,000 $1,000,000 $500,000 $(500,000) $(1,000,000) ■ APAC Long ■ APAC Short ■ EMEA Long ■ EMEA Short ■ AMER Long ■ AMER Short ■ EquityCom Long ■ EquityCom Short ■ G20 Rates Long ■ G20 Rates Short EFTA00288209 Atorus, LLC 4/8/2014 Historical Net Exposure by Geography (Listed Equities) & Macro (Equity Indices & Commodlites, G20 Gov. Credit) APAC — EMEA —AMER — EquesCom —G20 Rates NexEposuce RIG 2.000.000 1,504000 5,000.030 4,000.000 3,000.000 2400000 1.000,000 500,000 1,000,000 moacom (2,000,000) t .S. 0 % (561:00M et, Q> %CV \ % QS % \ A -N, 1.• 44‘119 0. \*Ir` \ 1:9 Q4' 4t)G (3 'V AL 'V <V V" \ 11` to 1. 0 lit 0:01 _ <V 'V 'V V` \ (1,000,000) (3.000.000) Historical Gross Exposure by Geography (Listed Equities) & Macro (Equity Indices & Commodlites, G20 Gov. Credit) EFTA00288210 Atorus, LIC 4/8/2014 Current Gross Notional Risk by Category 243,570 583,199 1,411,1 p • APAC • EMEA • AMER • EquityCom • G20 Rates Performance Vs. MSCI World Index Rolling 30 Day Realized Volatility - 2.00% 1.80% 1.60% 1.40% 1.20% 1.00% 0.80% 0.60% 0.40% 0.20% 0.00% O O ej N ej N O 0 O 0 0 0 O ej r4 r4 el el (4 O g r.4 O m m m m m en el el en ell en N .14. %., cn eM N N C; II if CO ON ZI ZI #1 11 CO SDI ;I yr4 to —Rolling30DayRe aizedVol EFTA00288211 Atorus, LLC 4/8/2014 Percentile Distribution of Current MTM Gains in Vol Days by Position (ex-99pct & ex-1st percentiles) 70.00 WOO 50.00 40.00 30.00 20.00 10.00 0.03 -10.0tr dr "0. eti). ter 4 ). Pii V I D' v.> by PoNition Percentile No. Vol Days 0.00.:, -16.60 5.00% .4.68 10.00% .2.70 15.00% .1.06 20.00% 0.00 25.00% 1.26 30.00% 2.25 35.00% 3.36 40.00% 4.73 45.00% 6.36 50.00% 8.17 55.00% 10.85 60.00% 13.32 65.00% 17.11 70.00% 19.85 75.00% 23.13 80.00% 27.05 85.00% 34.31 90.00% 42.35 95.00% 60.66 100.00% 187.52 MTM Gains(Losses) % of NAV "Signficant" (<7 Vol Days) MTM Gains(Losses) % of NAV "Signficant" (>7 Vol Days) 1.01% EFTA00288212 Atorus, LLC -Listed Equity Portfolio 4/8/2014 Current Price P/L in Vol 30P Realized Change on Day Security MTM Gain/(Loss) Exp. @ Cost Avg. Price (in USD) Days Vol (in USD) 000270 KS Equity 596 57.93 57.93 0.00 1.11% 8.82 005380 KS Equity 177 3,149 224.39 236.97 4.58 1.22% 65.69 005490 KS Equity (233) (3,782) 273.49 290.36 -5.26 1.17% (80.72) 005930 KS Equity (286) (6,997) 1,278.17 1,330.39 -4.47 0.91% (72.19) 012330 KS Equity 1,235 5,584 247.00 301.64 23.64 0.94% 123.40 1 HK Equity 838 10,146 15.89 17.20 8.21 1.01% (7.40) 1299 HK Equity 128 5,443 4.78 4.89 3.02 0.78% 36.20 13 HK Equity 2,141 12,243 11.40 13.40 16.92 1.03% (159.48) 16 HK Equity (72) (7,948) 12.66 12.78 -1.22 0.74% 82.83 27 HK Equity (12) 123 9.58 8.70 -5.38 1.89% (1.85) 2914 JP Equity 116 (4,719) 32.47 31.67 2.35 1.04% 22.94 3382 JP Equity 22 1,329 37.70 38.31 1.43 1.14% 15.68 4063 JP Equity (69) (4,536) 56.40 57.27 -1.29 1.18% (69.06) 4502 JP Equity (119) 2,186 46.88 44.46 -6.26 0.87% (104.48) 4689 JP Equity (175) 734 5.73 4.62 -13.11 1.82% (17.25) 5 HK Equity 16 (3,997) 10.17 10.13 0.50 0.83% (5.52) 5108 JP Equity - 35.80 1.05% 5401 JP Equity 331 (5,511) 2.89 2.72 5.45 1.10% 32.47 6301 JP Equity (86) (2,109) 20.64 21.48 -3.71 1.10% (13.70) 6752 JP Equity 790 3,316 9.01 11.16 14.23 1.67% (65.96) 6902 JP Equity - 48.60 1.44% 6954 JP Equity 716 6,393 157.65 175.31 8.93 1.25% (17.99) 7201 JP Equity (127) (3,743) 8.85 9.15 -3.78 0.89% (7.41) 7203 JP Equity 65 (5,260) 56.12 55.42 1.42 0.87% 46.22 7267 JP Equity 311 (4,885) 36.43 34.11 6.62 0.96% 113.06 762 HK Equity 87 (5,162) 1.38 1.36 1.35 1.26% (13.18) 7751 JP Equity 78 (6,865) 31.44 31.08 1.34 0.85% (16.89) 8031 JP Equity (80) (4,776) 14.10 14.33 -1.53 1.10% (30.53) 8058 JP Equity 9 (1,766) 18.45 18.36 0.53 0.91% (4.90) 8306 JP Equity 133 (4,604) 5.65 5.49 2.40 1.21% 53.58 8316 JP Equity 14 (517) 42.90 41.76 1.85 1.44% 14.17 8411 JP Equity - 1.99 0.73% 8604 JP Equity 159 (3,159) 6.64 6.31 4.20 1.20% 68.34 8801 JP Equity - 31.43 1.44% 8802 JP Equity 140 (5,009) 24.84 24.14 1.78 1.57% 60.51 9020 JP Equity 105 (6,726) 75.20 74.03 1.24 1.25% (11.13) 941 HK Equity 990 (11,819) 10.19 9.34 8.33 1.01% (140.03) 9432 JP Equity (128) 6,077 53.17 52.07 -1.75 1.20% (64.14) 9433 JP Equity 1,677 5,686 42.13 54.56 24.31 1.21% 43.26 9437 JP Equity 75 (7,723) 15.62 15.47 1.09 0.89% (38.61) 9983 JP Equity 60 3,177 369.08 375.99 1.52 1.24% 56.77 EFTA00288213 9984 JP Equity 877 1,639 46.70 71.68 27.74 1.93% (59.95) AAPL US Equity 71 7,877 518.25 522.94 1.39 0.65% (36.59) ABB US Equity 639 6,661 23.59 25.85 12.10 0.79% 15.56 ABBN VX Equity 661 6,962 23.63 25.87 11.37 0.84% (17.96) ABBV US Equity 4 5,335 49.49 49.53 0.07 1.13% (141.70) ABEV US Equity • 7.57 0.94% ABEV3 BZ Equity • 7.64 0.92% ABI BB Equity 264 7,588 102.53 106.10 4.30 0.81% (15.38) ABT US Equity (114) 4,097 38.84 37.79 -3.87 0.72% (62.21) ABX CN Equity 59 (4,216) 19.01 18.74 0.92 1.52% (79.60) ABX US Equity 66 (4,063) 19.03 18.72 1.10 1.49% (68.85) ACA FP Equity 7,114 5,408 6.83 15.82 95.54 1.38%i (270.88) ACE US Equity 160 6,435 95.44 97.81 5.26 0.47% (13.23) ACN US Equity 66 10,703 77.97 78.44 0.77 0.79% (16.17) ADP US Equity 31 716 72.36 75.55 6.81 0.65% 1.86 AFL US Equity (101) 3,827 63.75 62.10 .4.38 0.60% (5.58) AGN US Equity 706 9,698 110.56 118.61 7.25 1.00% (235.90) Al FP Equity 89 8,248 134.80 136.25 1.63 0.66% 52.13 AIG US Equity 95 4,012 48.66 49.81 2.71 0.87% 3.91 AIR FP Equity 2,812 4,177 42.47 71.07 65.29 1.03% (217.99) ALV GR Equity 382 2,209 142.27 166.88 20.17 0.86% (2.90) ALVG IX Equity 212 1,260 142.59 166.61 19.70 0.86% (3.79) AMGN US Equity 5,619 22,886 95.40 118.83 21.37 1.15% 91.40 AMT US Equity 652 10,655 76.29 80.96 10.74 0.57% (19.27) AMZN US Equity 82 (3,542) 332.63 324.93 1.90 1.22% (71.07) ANZ AU Equity 492 6,382 29.13 31.38 10.06 0.77% 88.87 APA US Equity (193) (6,870) 82.74 85.06 .4.17 0.67% (71.07) APC US Equity (1,049) (5,088) 81.31 98.08 .16.60 1.24% (0.10) AXP US Equity 2,147 10,373 71.56 86.37 24.05 0.86% (118.47) AZN LN Equity 3,599 12,676 49.80 63.94 37.13 0.76% (96.85) AZN SS Equity 3,159 12,119 50.82 64.06 37.45 0.70% (89.54) AZN US Equity 3,411 12,812 50.30 63.69 35.79 0.74% (83.80) BA US Equity • • 124.54 0.83% - BAC US Equity 9,332 10,884 8.82 16.39 81.25 1.06% (47.14) BARC LN Equity • - 3.98 1.29% BAS GR Equity 874 7,333 97.30 108.89 11.56 1.03% (1.02) BATS LN Equity 360 6,088 53.22 56.37 6.43 0.92% 117.86 BAX US Equity (35) 3,174 73.24 72.44 .1.20 0.92% (18.73) BAYN GR Equity 8,552 11,757 76.64 132.38 70.58 1.03% (95.50) BBAS3 BZ Equity (351) (1,172) 8.70 11.31 .14.94 2.01% (23.14) BBD US Equity - - 15.20 1.63% BBDC4 BZ Equity - - 15.18 1.63% BBL US Equity (278) (3,246) 59.69 64.80 -8.66 0.99% (38.84) BBVA SM Equity 1,391 5,790 10.12 12.55 20.57 1.17% (62.35) BCE CN Equity (113) (5,315) 43.17 44.09 -3.56 0.60% (39.15) Bcs US Equity - 16.00 1.28% - BEN US Equity 18 2,447 52.34 52.73 0.66 1.11% 16.77 EFTA00288214 BG/ IN Equity (349) (4,379) 17.51 18.91 .11.44 0.70% (20.05) BHP AU Equity 207 6,689 34.33 35.39 2.60 1.19% 91.17 BHP US Equity 352 6,839 67.77 71.26 5.08 1.01% 133.98 BBB US Equity 185 1,066 245.93 288.68 11.10 1.57% (13.78) BIL Si Equity (68) (1,057) 30.29 32.24 .5.87 1.10% (3.65) BK US Equity 253 8,609 32.86 33.83 3.62 0.81% (36.97) BLK US Equity 121 1,171 274.17 302.47 10.41 0.99% (1433) BLT LN Equity (100) (1,266) 29.93 32.29 -7.61 1.04% (8.29) BMO CN Equity 392 8,899 65.62 68.50 7.50 0.59% 76.71 BMW GR Equity 1,412 5,212 99.22 126.10 23.13 1.17% (27.41) BMY US Equity 3,148 8,201 35.71 49.42 34.32 1.12% (208.18) BN FP Equity (90) (2,947) 70.54 72.69 -3.81 0.80% (67.80) BNP FP Equity 1,584 5,498 61.78 79.57 23.13 1.25% (55.58) BNS CN Equity 214 7,633 57.74 59.36 4.87 0.58% 61.27 BP/ LN Equity 321 9,797 7.76 8.02 5.54 0.59% (64.21) BRK/FI US Equity 396 11,056 118.69 122.94 5.82 0.62% (51.16) BSBR US Equity 454 (8,171) 6.18 5.84 3.79 1.46% 37.79 BUD US Equity 260 6,846 102.05 105.92 4.52 0.84% (7.42) BX US Equity (4) 3,119 30.36 30.33 .O.07 1.55% (106.80) C US Equity (21) 428 48.81 46.52 4.63 1.06% (1.00) CA FP Equity 599 3,167 33.26 39.55 17.37 1.09% (56.52) CAT US Equity 1,991 13,589 89.53 102.64 20.37 0.72% 236.07 CBA AU Equity 509 11,185 68.68 71.81 6.72 0.68% 112.84 CBS US Equity 279 1,267 49.35 60.23 22.41 0.98% 1.93 CCL US Equity 374 7,821 36.20 37.93 4.91 0.97% 10.34 CELG US Equity 108 (3,342) 142.82 138.21 2.14 1.51% (3.26) CFR VX Equity 60 4,011 94.53 95.95 1.65 0.91% 11.37 CL US Equity 2,027 18,685 59.01 65.41 20.85 0.52% 157.96 CM CN Equity 485 8,334 82.53 87.34 9.69 0.60% 76.07 CMCSA US Equity 2,071 10,445 40.65 48.71 22.65 0.88% (126.60) CMCSK US Equity 4,724 15,120 36.26 47.59 35.87 0.87% (294.69) CNI US Equity 1,085 12,873 51.38 55.71 13.32 0.63% 125.40 CNQ CN Equity 935 9,740 36.42 39.92 13.46 0.71% 101.15 CNR CN Equity 1,098 12,425 51.30 55.83 13.90 0.64% 133.10 COF US Equity 701 6,770 68.55 75.64 12.57 0.82% 5.29 COP US Equity (396) (7,980) 66.64 69.95 -11.06 0.45% (30.84) COST US Equity - • 112.13 0.58% COV LN Equity - 5,151 /WA N/A 0.00 0.31% COV US Equity 716 7,080 64.09 70.56 13.23 0.76% (118.49) CRM US Equity (81) 2,054 56.80 54.65 -2.50 1.57% 15.46 CS FP Equity 1,745 5,387 19.39 25.67 27.52 1.18% (162.60) CSCO US Equity - • 22.86 0.81% CSX US Equity 1,160 8,914 25.07 28.34 17.55 0.74% (48.83) CVE CN Equity (73) (10,449) 28.70 28.90 -0.94 0.73% (77.24) CVS US Equity 1,730 11,815 63.98 73.35 23.57 0.62% (126.45) CVX US Equity (392) (8,207) 112.39 117.76 -10.31 0.46% 9.95 D US Equity 2,014 12,764 60.42 69.95 25.09 0.63% 93.88 EFTA00288215 DAI GR Equity 7,570 13,908 62.20 96.06 44.77 1.22% (56.73) DBK GR Equity 44.35 1.29% DD US Equity 2,798 12,908 54.93 66.84 34.02 0.64% (22.46) DDAIF US Equity 4,367 8,377 63.20 96.15 39.27 1.33% 30.13 DE US Equity 685 8,537 85.81 92.70 10.76 0.75% 158.49 DELL US Equity 6,820 #N/A N/A 0.00 0.07% DG FP Equity 4,398 10,010 51.53 74.17 56.61 0.78% (78.03) DGE LN Equity 42 1,533 30.45 31.28 3.40 0.81% 23.96 DHR US Equity 2,235 8,458 58.57 74.04 39.68 0.67% (7.19) DIS US Equity 1,540 9,908 68.36 78.99 17.61 0.88% (70.33) DISCA US Equity (249) 6,387 83.19 80.07 .4.53 0.86% (67.55) DNB NO Equity 440 5,841 15.77 16.96 8.40 0.90% 2.59 DOW US Equity 2,176 7,188 36.88 48.04 32.91 0.92% (3.78) DPW GR Equity 177 660 29.41 37.28 18.18 1.47% (12.95) DTE GR Equity 3,930 13,883 12.27 15.74 25.71 1.10% (84.91) DTV US Equity 2,769 10,622 61.97 78.13 25.27 1.03% 244.80 DUK US Equity (177) (5,293) 69.60 71.93 -6.21 0.54% (45.94) DVN US Equity 810 11,143 63.30 67.90 11.79 0.62% 46.74 EBAY US Equity 19 6,678 54.29 54.44 0.30 0.95% 144.10 Ea US Equity (0) 9,210 105.22 105.21 -0.01 0.70% (79.03) EDF FP Equity 6,456 9,189 23.45 39.92 78.49 0.90% (171.29) EMC US Equity 826 10,986 25.35 27.26 9.97 0.75% 85.77 EMR US Equity (45) 6,749 67.04 66.59 0.90 0.75% (13.35) ENB CN Equity 303 9,024 44.84 46.35 5.12 0.66% 52.09 ENEL IM Equity 2,298 8,087 4.39 5.64 25.91 1.10% (35.41) ENI IM Equity 395 9,949 24.06 25.02 6.23 0.64% (3.93) EOAN GR Equity 72 2,996 18.77 19.22 2.64 0.91% (12.56) EOG US Equity 2,076 5,841 145.68 197.47 42.63 0.83% 35.70 EPD US Equity 1,471 12,986 63.62 70.82 20.41 0.55% 116.16 ERICB SS Equity 478 7,934 12.51 13.26 7.07 0.85% 104.86 ESRX US Equity 878 9,815 66.69 72.66 13.27 0.67% (43.23) ETN US Equity 66 5,260 72.48 73.38 1.18 1.06% (15.66) F US Equity (310) (3,621) 14.82 16.08 -10.37 0.83% (20.28) F8 US Equity 835 2,630 44.06 58.04 17.67 1.80% 91.13 FCX US Equity 80 2,901 32.89 33.80 2.20 1.26% 55.60 FDX US Equity 421 4,271 120.94 132.85 19.07 0.52% (15.52) FOX US Equity (77) 3,508 32.24 31.55 •1.96 1.11% 32.70 FOXA US Equity (88) 3,404 33.13 32.29 •2.18 1.18% 32.54 FP FP Equity 1,029 11,013 60.83 66.51 13.44 0.70% 72.93 G IM Equity 278 4,069 21.51 22.99 7.96 0.86% (22.13) GE US Equity 2,035 13,140 22.32 25.77 21.55 0.72% (63.50) GILD US Equity 12,794 6,653 24.02 70.22 117.29 1.64% (499.32) GIS US Equity 552 17,619 49.73 51.29 5.24 0.60% (245.88) GLE FP Equity 862 3,248 49.51 62.65 19.62 1.35% (85.60) GLEN LN Equity (38) (4,634) 5.24 5.28 -0.58 1.40% (19.14) GLW US Equity 3,447 11,635 16.25 21.07 31.86 0.93% (70.62) GM US Equity 38 (2,990) 34.67 34.23 1.26 1.00% (0.46) EFTA00288216 GOOG US Equity 3,526 13,474 873.52 1,102.08 26.24 1.00% 426.51 GS US Equity 1,353 3,281 110.98 156.75 39.31 1.05% (87.26) GSK LN Equity (44) 5,707 26.22 26.02 -1.05 0.73% 24.64 GSZ FP Equity 946 8,189 24.60 27.44 10.23 1.13% 85.91 HAL US Equity 1,135 6,395 49.49 58.28 20.75 0.86% 26.69 HD US Equity 2,087 13,333 66.67 77.10 23.19 0.68% (61.04) HMB SS Equity 129 3,666 40.79 42.22 3.73 0.94% 2.84 HON US Equity 6,024 11,930 61.10 91.95 75.56 0.67% (61.16) HPQ US Equity 1,995 7,393 25.45 32.32 23.38 1.15% (121.00) HSBA LN Equity (6) 4,565 10.16 10.15 -0.20 0.68% 28.38 IBE SM Equity 1,871 7,471 5.55 6.94 44.84 0.56% (39.26) IBM US Equity 15 5,009 192.83 193.41 0.46 0.66% (16.54) IMT LN Equity 1,203 12,188 36.36 39.95 15.83 0.62% (37.07) INTC US Equity 1,314 11,539 24.09 26.84 18.12 0.63% 122.57 ISP IM Equity 4,601 5,699 1.93 3.49 59.92 1.35% (108.42) ITUB US Equity 122 2,863 15.39 16.04 2.55 1.66% 73.14 ITUB4 BZ Equity 157 3,276 15.37 16.10 3.11 1.54% 86.30 ITW US Equity 2,970 14,011 67.84 82.22 29.44 0.72% (23.04) ITX SM Equity (102) (4,597) 147.96 151.25 .2.16 1.03% 65.41 JO US Equity 390 2,995 41.02 46.37 12.39 1.05% (5.73) JNJ US Equity 5,271 15,364 73.04 98.10 69.06 0.50% (61.70) JPM US Equity 1,052 8,516 52.29 58.75 13.39 0.92% (78.45) KMB US Equity 286 8,276 106.84 110.54 6.38 0.54% (11.43) KMI US Equity 375 (8,600) 34.31 32.81 5.84 0.75% (107.25) KO US Equity 9 (6,962) 38.83 38.78 0.33 0.41% (23.03) LBTYA US Equity (108) 1,363 84.40 78.21 .7.16 1.11% 5.71 LBTYK US Equity (36) 1,185 77.96 75.65 .3.18 0.96% (1.80) LIN GR Equity 44 8,087 198.03 199.11 0.85 0.64% 40.99 LLOY LN Equity 1,701 4,526 0.89 1.23 35.12 1.07% (136.65) LLY US Equity (30) 4,536 58.92 58.53 -1.06 0.63% (53.20) LMT US Equity 552 2,016 122.48 156.04 33.11 0.83% (43.51) LNKD US Equity 276 (2,100) 191.29 166.15 6.53 2.01% (46.39) LOW US Equity (279) 7,829 48.35 46.68 -4.12 0.86% (77.75) LVS US Equity 1,588 6,808 61.33 75.63 17.17 1.36% (6.84) LYB US Equity 1,080 2,297 59.29 87.16 56.21 0.84% (13.72) MA US Equity 361 896 51.00 71.57 43.38 0.93% 8.19 MAERSKB DC Equity 6,227 14,148 8,212.58 11,826.85 35.12 1.25% 10.60 MC FP Equity 41 4,464 183.52 185.19 1.17 0.78% 49.66 MCD US Equity (129) (4,463) 94.88 97.62 -5.98 0.48% (16.13) MCK US Equity 51 2,181 164.92 168.75 2.40 0.97% 5.63 MDIZ US Equity 2,844 13,641 28.68 34.66 34.98 0.60% 182.38 MDT US Equity 8,633 20,811 43.22 61.15 54.65 0.76% (293.73) MET US Equity 1,200 7,556 44.37 51.42 16.26 0.98% (16.78) MFC CN Equity 4,251 8,003 12.38 18.95 66.99 0.79% (41.25) MHS US Equity • 5,485 #WA N/A 0.00 1.17% MMM US Equity 8,318 21,331 96.89 134.68 62.25 0.63% (68.29) MO US Equity 387 9,167 36.41 37.95 7.89 0.54% 38.57 EFTA00288217 MON US Equity 753 11,917 106.02 112.72 8.87 0.71% (9.96) MOS US Equity • 48.35 0.82% MRK US Equity 1,154 11,769 50.18 55.11 11.85 0.83% (83.74) MS US Equity 67 989 27.57 29.43 5.80 1.16% (5.35) MSFT US Equity 996 8,007 35.30 39.69 14.02 0.89% (65.26) MUV2 GR Equity 654 6,116 197.70 218.85 17.54 0.61% 1.70 NAB AU Equity 412 9,956 31.52 32.83 5.93 0.70% 60.97 NCM AU Equity • 9.75 1.98% NEE US Equity 4,657 14,649 72.62 95.70 41.82 0.76% 240.53 NEM US Equity 2,126 (7,392) 34.95 24.90 19.24 1.50% (136.94) NESN VX Equity 1,055 9,821 69.64 77.11 16.64 0.65% 236.62 NG/ IN Equity 1,868 12,865 11.92 13.65 28.06 0.52% 86.55 NKE US Equity NOK US Equity 413 4,137 4,116 4,498 66.10 3.96 72.73 7.61 10.07 69.54 1.00% 1.32% I 85.26 409.37 NOV US Equity 172 6,074 75.91 78.07 3.44 0.83% 21.39 NOVN VX Equity 5,624 18,291 63.81 83.42 37.16 0.83% 186.02 NOVOB DC Equity 745 9,444 40.35 43.53 9.65 0.82% (125.76) NSC US Equity 1,778 9,797 80.78 95.44 24.13 0.75% (87.23) NVS US Equity 4,336 15,510 65.07 83.26 33.21 0.84% 146.47 OGXP3 BZ Equity 5,058 (5,180) 4.43 0.10 46.58 2.10% (504.23) OR FP Equity - - 163.39 0.70% ORA FP Equity 795 6,019 13.03 14.76 8.66 1.53% 61.42 ORCL US Equity 1,523 7,995 33.68 40.09 18.62 1.02% 150.62 OXY US Equity (31) 7,355 95.04 94.64 -0.53 0.81% 58.08 PBR US Equity (129) (1,688) 13.30 14.32 -3.57 2.14% (34.25) PBR/A US Equity (147) (2,795) 13.87 14.60 -2.39 2.21% (11.18) PCLN US Equity 730 3,043 956.05 1,185.31 17.62 1.36% 72.15 PCP US Equity (70) 2,836 253.69 247.61 -2.67 0.92% (34.63) PEP US Equity 111 8,118 82.28 83.41 2.84 0.48% (23.43) PETR3 BZ Equity (185) (1,754) 6.54 7.23 -4.82 2.18% (44.92) PETR4 BZ Equity (231) (3,123) 6.95 7.46 -3.24 2.28% (83.85) PFE US Equity 4,165 21,828 26.10 31.08 25.34 0.75% (159.74) PG US Equity 259 8,334 78.47 80.91 6.79 0.46% 40.98 PHIA NA Equity • 35.02 1.05% PM US Equity 188 (10,166) 85.47 83.89 2.80 0.66% (104.55) PNC US Equity 932 9,010 76.60 84.53 13.96 0.74% (68.16) POT CN Equity (22) 393 35.67 33.80 -6.06 0.91% (1.23) POT US Equity - 888 33.79 33.79 0.00 0.89% (3.01) PRU LN Equity 7,325 10,521 12.76 21.65 63.53 1.10% (228.53) PSA US Equity 718 11,140 160.09 170.40 12.41 0.52% 22.75 PSX US Equity 1,203 6,030 64.65 77.54 21.19 0.94% (80.73) PX US Equity 2,135 16,340 113.54 128.37 25.75 0.51% (0.16) QCOM US Equity 2,188 12,547 66.83 78.48 23.13 0.75% 7.53 QQQ US Equity 5,122 19,920 68.46 86.06 40.59 0.63% 78.84 RAI US Equity 162 6,737 52.22 53.48 2.42 0.99% (8.26) RDS/A US Equity 25 4,851 73.34 73.72 1.05 0.50% 17.59 RDS/B US Equity 203 6,990 76.36 78.58 5.51 0.53% 58.44 EFTA00288218 RDSA LN Equity 286 4,065 34.51 36.94 13.56 0.52% 16.78 RDSA NA Equity 33 4,084 36.63 36.92 1.59 0.51% 16.54 RDSB LN Equity 246 6,969 37.90 39.24 6.17 0.57% 41.85 REGN US Equity (363) 6,240 301.76 285.17 4.03 1.44% (25.16) RIO AU Equity 56 3,057 59.11 60.19 1.48 1.23% 55.96 RIO IN Equity 171 4,599 54.73 56.76 2.87 1.29% 92.13 RIO US Equity 290 4,934 54.04 57.22 4.43 1.33% 159.20 ROG VX Equity 6,315 17,035 212.78 291.67 57.50 0.64% (23.97) RY CN Equity 180 8,293 65.48 66.90 4.11 0.53% 66.45 SAS LN Equity 671 7,629 47.84 52.05 9.35 0.94% 93.91 SAN FP Equity (47) (4,939) 103.67 104.66 .1.06 0.90% (54.05) SAN SM Equity 1,312 7,595 8.40 9.86 17.70 0.98% (10.47) SAN US Equity 1,088 6,290 8.45 9.91 16.76 1.03% 19.03 SAP GR Equity (44) 5,241 80.60 79.93 -0.97 0.86% (7.71) SAP US Equity (29) 5,649 80.63 80.22 -0.56 0.91% 37.29 SBUX US Equity (204) 4,077 74.91 71.34 -5.10 0.98% 43.55 SGO FP Equity 2,961 7,836 44.08 60.74 30.69 1.23% (332.74) SI US Equity 770 5,671 118.49 134.58 12.36 1.10% 17.21 SIE GR Equity 910 5,345 114.81 134.35 16.78 1.01% (13.94) SLB US Equity 1,497 7,174 81.27 98.23 29.03 0.72% 15.13 SMSN LI Equity (182) (7,500) 642.17 657.76 .2.51 0.97% (30.88) SO US Equity 178 6,983 43.33 44.43 4.29 0.59% 41.09 SPG US Equity 93 4,673 163.56 166.81 3.24 0.61% (13.14) SREN VX Equity 1,560 10,006 80.46 93.00 21.08 0.74% 32.65 STAN LN Equity 141 (6,124) 21.91 21.41 2.36 0.98% (143.59) STL NO Equity 564 9,825 26.16 27.66 8.11 0.71% (23.38) STT US Equity (169) 3,676 68.98 65.94 4.11 1.12% (48.99) SU CN Equity • 36.41 0.67% SU FP Equity 349 6,518 84.31 88.83 5.21 1.03% 22.89 SU US Equity • 1,058 36.38 36.38 0.00 0.68% 17.16 SWEDA SS Equity 441 6,088 24.78 26.57 6.27 1.16% 32.74 SYNN VX Equity (498) (8,069) 359.52 381.70 .9.29 0.66% (65.20) T US Equity (92) (3,571) 34.20 35.08 4.47 0.58% 55.84 TD CN Equity 324 8,245 45.38 47.16 7.19 0.55% 77.55 TEF SM Equity 124 3,631 15.57 16.10 4.10 0.83% 6.56 TEF US Equity 112 3,406 15.52 16.03 3.79 0.87% (4.60) TGT US Equity 384 (10,717) 63.57 61.30 4.34 0.82% (115.61) TJX US Equity 2,778 9,492 46.52 60.13 38.61 0.76% 14.71 TLS AU Equity 185 7,919 4.60 4.71 3.96 0.59% 73.61 TLSN SS Equity (81) 885 7.52 6.89 .8.16 1.12% 2.46 TM US Equity 399 (6,829) 115.81 109.05 6.90 0.85% 142.46 TMO US Equity 8,586 10,218 63.59 117.02 105.84 0.79% (209.73) TOT US Equity 719 6,460 59.69 66.34 15.29 0.73% 61.50 TRP CN Equity - • 46.63 0.57% TRV US Equity 51 6,866 84.06 84.69 1.57 0.48% (47.42) TSCO LN Equity 1,178 (7,398) 5.65 4.75 13.13 1.21% (17.90) TWC US Equity 658 5,234 120.22 135.34 14.76 0.85% (42.31) EFTA00288219 TWX US Equity (180) 7,395 66.37 64.79 -2.69 0.91% 0.66 TXN US Equity 4,110 12,205 34.93 46.69 42.06 0.80% 77.10 TYC US Equity 9,865 24,080 29.17 41.12 55.99 0.73% (109.86) UBS US Equity 267 5,489 19.43 20.38 4.47 1.09% (19.14) UBSN VX Equity 243 5,158 19.51 20.43 4.47 1.05% (39.94) UCG IM Equity 3,390 5,391 5.58 9.09 37.28 1.69% (155.94) ULVR LN Equity 110 4,635 42.19 43.19 2.61 0.91% 135.39 UNA NA Equity 124 5,141 40.85 41.84 3.01 0.80% 118.34 UNH US Equity 2,589 10,192 64.28 80.61 34.29 0.74% (91.31) UNP US Equity 1,445 12,014 165.36 185.25 17.18 0.70% (84.77) UPS US Equity 3,254 14,806 79.87 97.42 49.52 0.44% (31.26) USB US Equity 2,933 14,238 34.71 41.86 32.37 0.64% (81.72) UTX US Equity 6,243 15,190 82.05 115.77 53.07 0.77% (164.66) V US Equity 4,538 6,296 118.43 203.79 79.37 0.91% 21.63 VALE US Equity (53) (3,126) 15.08 15.33 -1.19 1.42% (93.62) VALE3 BZ Equity (80) (3,669) 15.04 15.37 -1.31 1.66% (109.97) VIAB US Equity 3,532 9,272 60.42 83.43 45.10 0.84% 32.50 VIV FP Equity 154 2,668 26.19 27.71 6.66 0.87% (77.13) VMW US Equity 926 4,785 89.16 106.41 13.22 1.46% 116.01 VOD LN Equity 279 (3,168) 3.96 3.61 8.14 1.08% 30.13 VOD US Equity 274 (3,057) 39.48 35.95 8.37 1.07% 19.07 VOW3 GR Equity 60 1,833 253.13 261.40 3.02 1.08% 7.17 VRX CN Equity 460 1,611 92.95 119.47 17.73 1.61% (18.58) VRX US Equity 523 1,880 93.20 119.14 17.89 1.56% (25.96) VTI US Equity 539 5,134 86.91 96.04 21.27 0.49% (8.25) VWO US Equity (182) (5,797) 40.33 41.60 -3.48 0.90% (86.80) VZ US Equity 22 (6,121) 48.12 47.94 0.71 0.51% 5.86 WBC AU Equity 403 5,939 30.19 32.24 8.12 0.84% 63.31 WES AU Equity 166 8,616 38.65 39.39 3.18 0.61% 116.86 WFC US Equity 3,007 11,582 38.70 48.74 40.72 0.64% (38.60) WLP US Equity 3,099 10,369 74.31 96.52 36.20 0.83% (58.76) WMT US Equity 231 7,009 75.45 77.93 6.29 0.52% 47.76 WOW AU Equity (12) (763) 32.94 33.45 -1.92 0.79% (4.69) XOM US Equity 1,015 13,076 90.48 97.50 12.41 0.63% 76.63 XTA LN Equity - 2,180 MO WA 0.00 2.25% YHOO US Equity 27 256 30.64 33.87 6.81 1.55% 4.93 YUM US Equity 208 7,151 73.86 76.01 3.41 0.85% 68.95 ZURN VX Equity (161) 7,208 293.62 287.20 -2.72 0.82% (18.31) Current Portfolio - Global Maao Portfolio Current Price P/I. in Vol 30P Realized Change on Day Security KIM Gain/(Loss) Exp. # Cost Avg. Price (In USD) Days Vol (in USD) SPX Index 16,951 62,272 1,455.70 1,851.96 53.09 0.51% 297.13 ND% Index 11,659 46,686 2,831.19 3,538.23 33.58 0.74% 506.89 RTY Index 12,681 39,938 868.48 1,144.24 38.23 0.83% 391.91 EFTA00288220 SPTSX Index 672 28,839 12,859.70 13,159.17 5.23 MEXBOL Index (24) (26,146) 3,142.70 3,145.54 A.10 IBOV Index - 1,907 23,463.49 23,463.49 0.00 MERVAL Index (635) (5,408) 725.60 810.76 -10.45 UKK Index 2,887 39,963 10,288.22 11,031.50 11.59 DAX Index 8,581 36,674 10,610.77 13,093.49 22.82 CAC Index 1,707 20,042 5,625.44 6,104.50 10.43 IBEX Index 9,962 39,644 11,555.30 14,458.90 27.05 SMI Index 7,043 44,078 8,219.62 9,533.00 24.67 FTSEMIB Index 7,402 25,266 23,118.99 29,891.87 27.11 PSI20 Index 6,876 24,289 8,026.78 10,299.16 25.77 ISEQ Index 24,869 40,099 4,246.25 6,879.76 60.44 ICEXI Index 4,730 37,337 6.63 7.47 25.37 AEX Index 6,199 42,240 484.27 555.34 20.01 BEL20 Index 8,084 44,003 3,610.75 4,274.10 23.97 LUXXX Index 10,873 40,373 1,661.37 2,108.83 41.51 KFX Index 9,810 38,048 100.82 126.81 29.35 HEX Index 8,277 40,933 8,513.92 10,235.46 21.04 OMX Index 2,203 23,118 191.41 209.65 9.82 ATX Index 105 9,226 3,409.40 3,448.09 0.94 ASE Index 7,711 19,369 1,282.88 1,793.58 32.72 OSEBX Index 1,938 24,683 85.16 91.84 11.88 INDEXCF Index 1,141 (26,563) 39.61 37.90 2.02 TOP40 index 1,452 25,595 3,920.67 4,143.06 6.12 SENSEX Index 655 27,288 #N/A N/A 3.35 NKY Index 199 14,214 141.32 143.30 1.60 HSI Index 202 17,258 2,880.50 2,914.20 1.51 SHCOMP Index 594 (33,700) 344.53 338.46 2.07 KOSPI Index 950 29,082 1.85 1.91 4.73 AS51 Index 776 21,983 4,890.10 5,062.73 5.11 STBCNZL Index 34,318 73,231 #N/A N/A 122.85 EEM US Equity (144) (4,895) 40.76 41.96 -3.18 IYR US Equity (63) (2,867) 67.11 68.59 4.47 MDY US Equity 4,787 14,269 184.03 245.76 51.85 MIK US Equity (0) 5,353 41.26 41.26 -0.03 XLF US Equity 5,495 13,610 15.57 21.86 65.88 XLU US Equity 744 9,939 39.06 41.98 13.30 XLK US Equity 2,154 12,860 30.80 35.96 25.39 XLI US Equity 5,744 16,147 38.20 51.79 55.84 XLP US Equity 353 10,839 41.85 43.21 9.25 XLY US Equity 6,089 16,431 46.72 64.03 52.55 XLE US Equity 354 7,840 85.67 89.54 7.43 XLB US Equity 3,678 14,930 37.57 46.83 36.24 XLV US Equity 11,333 24,346 38.87 56.96 69.34 SXXP Index 6,516 43,407 400.51 460.63 21.53 SXAP Index 11,035 28,526 520.28 721.56 32.68 SXKP Index 4,151 47,032 366.14 398.46 11.60 0.45% 0.87% 1.41% 0.66 1.12% (31.25) 0.62% 1.03% 0.82% 34.85 0.93% 0.65% 1.08% 1.10% 1.03% 0.50% 0.73% 20.39 0.77% 0.65% 0.88% 0.96% 0.97% 1.20% 1.22% 0.66% 2.12% (22.33) 0.93%1 361.42 0.72% 0.88% (29.21) 0.77% 175.84 0.85% 0.69% 0.69% 0.38% 0.93% (55.55) 0.49% (15.62) 0.65% 111.53 0.18% 11.70 0.61% 26.25 0.56% 0.66% 0.64% 0.35% 57.28 0.71% 0.61% 0.68% 0.67% 0.70% 46.99 1.18% 0.76% 333.63 (266.19) 128.36 91.91 (384.54) L (400.97 (343.79) 482.35) 70.11) 142.27 I (276.41) (308.39) (462.63) 270.99 215.62 (75.75) (69.86) (110.52) 323.21 217.81 152.28 134.81 227.36 82.26 71.80 (291.99) (130.64) (286.36) EFTA00288221 SX6P Index 6,555 34,738 353.52 420.23 28.72 0.66% SXEP Index 1,703 38,769 447.48 467.13 7.50 0.59% SXIP Index 11,567 28,923 222.31 311.21 47.61 0.84% SXNP Index 5,185 28,384 482.69 570.86 21.54 0.85% SX3P Index 999 18,170 662.20 698.60 8.62 0.64% SXDP Index 22,619 61,075 609.16 834.75 59.83 0.62% SX4P Index 2,984 25,840 917.36 1,023.30 12.78 0.90% SX8P Index 2,720 17,778 343.07 395.56 18.74 0.82% SXOP Index 11,799 40,520 380.28 491.01 30.74 0.95% SXQP Index 16 26,331 793.71 794.18 0.09 0.68% SXRP Index (96) 17,603 434.80 432.45 0.73 0.74% SXMP Index 10,281 35,766 261.12 336.18 43.54 0.66% SXTP Index 21,718 39,247 172.05 267.26 68.30 0.81% SX7E Index 6,888 18,886 159.85 218.14 28.61 1.27% SXSE Index 7,302 40,148 3,709.25 4,383.90 21.82 0.83% SPGSCITR Index (186) (13,616) 4,922.21 4,989.48 -2.38 0.58% XAG Curncy 2,420 (20,150) 22.78 20.04 14.41 0.83% CO1 Comdty 278 (24,622) 108.90 107.67 1.41 0.80% CL1 Comdty 998 29,347 99.19 102.56 3.78 0.90% NG1 Comdty 3,377 16,608 3.77 4.53 9.64 2.11% XAU Comdty (289) (24,602) 94.10 95.20 -1.58 0.74% IBOXHY Index 3,096 53,418 220.12 232.88 75.28 0.08% US_TSY CREDIT (175) (40,135) 757.73 761.03 -3.38 0.13% CA_TSY CREDIT 5,209 (97,153) 1,269.35 1,201.29 12.90 0.42% MX_TSY CREDIT 501 47,626 214.83 217.09 2.54 0.41% AU TSY CREDIT 344 34,444 1,485.47 1,500.30 2.31 0.43% JP_TSY CREDIT 675 (59,678) 822.10 812.80 3.43 0.33% MY_TSY CREDIT (433) (73,802) 167.43 168.41 -1.77 0.33% SG_TSY CREDIT (237) (76,599) 219.11 219.79 -1.31 0.24% AT_TSY CREDIT 3,489 77,381 357.33 373.44 17.97 0.25% BE_TSY CREDIT 4,542 76,813 476.61 504.79 25.01 0.24% FI_TSY CREDIT 3,312 78,860 348.26 362.88 17.19 0.24% FR_TSY CREDIT 3,879 75,130 1,675.82 1,762.35 21.58 0.24% DE_TSY CREDIT 2,678 74,397 1,240.95 1,285.62 14.31 0.25% IE_TSY CREDIT 31,609 78,270 336.92 472.99 187.52 0.22% IT_TSY CREDIT 8,597 54,986 1,616.07 1,868.74 61.30 0.26% NL_TSY CREDIT 3,289 78,610 1,327.30 1,382.83 16.82 0.25% ES_TSY CREDIT 10,781 50,187 392.28 476.55 79.53 0.27% DK_TSY CREDIT 2,792 67,396 729.23 759.44 14.70 0.28% NO_TSY CREDIT 42 17,944 342.02 342.83 0.73 0.32% PL_TSY CREDIT 1,366 26,645 423.80 445.53 14.79 0.35% ZA_TSY CREDIT (460) (26,519) 83.13 84.57 -2.27 0.76% SE_TSY CREDIT 58 (39,490) 466.17 465.49 0.39 0.37% CH_TSY CREDIT 3,550 65,265 1,004.77 1,059.43 18.64 0.29% GB_TSY CREDIT 1,377 56,841 1,489.15 1,525.23 7.35 0.33% (17.04) 57.79 (228.24) (66.38) • 316.95 158.76 133.64 152.02 (324.93) 174.26 (61.50) (574.06) (530.11) (243.45) 72.58 (181.77) (190.21) (435.32) 640.51 258.97 (591.4 5.15 (24.69) (499.20) 310.14 247.30 (541.67) (730.39) (454.35) 245.45 153.40 199.75 184.69 217.64 316.85 127.85 811.05 144.91 174.18 64.76 157.43 (311.83) (193.80) 301.41 359.87 EFTA00288222