EFTA00288511.pdf

Atorus, LLC 6/12/2014 Current Date: Total Return since 1/1/12: T12M Return: T9O Day Return: T3O Day Return: Current Long Exposure @ Cost: Current Short Exposure @ Cost: Net Exposure: Starting Capital: Current NAV: 6/12/2014 91.79% 4332% 7.49% 2.55% 5,962,034 (512,189) 5,449,844 1,000,000 1,917,937 Change on Day: .0.31% MSCI World Change on Day -0.33% No of Positions (+MTM) on Day No of Positions (-MTM) on Day Current No. of Positions: Current Leverage (Gross Exposures): 167 260 440 3.38 Profit Factor: Win Ratio: T24M (+) NAV Days T24M Avg. Daily NAV (+) Change T24M Avg. Daily NAV (.) Change Target Vol-Adj. Risk Listed Equities Target Vol-Adj. Risk Global Macro Targeted Max Loss (ex•Leverage) Leverage Target At Inception: Notes on Leverage: T24M Sharpe Ratio: Sharpe Since 1/1/12: Historical Sharpe & Notes: Historically 2.25X • 3.25X, depending on measurement Interval 40% - 50% histor tally 53% 1.00% -0.90% 50.00% 50.00% 10.00% 2X No. of Profitable Positions T12M 61.06% Avg. Realized Gain / Avg. Realized Loss 2.99 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. 1.20 1.30 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. 2,200,000.00 2,000,000.00 1,800,000.00 1,600,000.00 1,400,000.00 1,200,000.00 1,000,000.00 800,000.00 600 00000 . eb eb 'b eb eb ()% O% O% O% O% O% O% O% O% O% O% O% O% O% O% 1.• rt. r le 'V SI. 'V 1 rb A\ 4 b7 ibtv Ir 4 A\ 4 v 1 IV 4 —NAV EFTA00288511 Atorus, LLC 6/12/2014 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 (7,176) DUK US Equity (7,783) TGT US Equity (8,574) SPGSCITR Index (11,834) XAG Curncy (17,834) XAU Comdty (26,763) SHCOMP Index (37,862) SE_TSY CREDIT (44,333) JP_TSY CREDIT (45,369) ZA_TSY CREDIT (53,153) CA_TSY CREDIT (61,568) BE_TSY CREDIT 79,771 AU TSY CREDIT 81,398 AT_TSY CREDIT 81,569 FR_TSY CREDIT 82,246 NL_TSY CREDIT 82,865 DE_TSY CREDIT 84,524 FI_TSY CREDIT 85,645 MX_TSY CREDIT 87,928 GB_TSY CREDIT 89,647 US_TSY CREDIT 100,443 MY_TSY CREDIT 103,107 Day NAV Impact of MTM by Category & Exposure Listed Equity Long -0.381% Listed Equity Short 0.032% EquityCom Long 0.052% EquityCom Short -0.069% G20 Rates Long 0.134% G20 Rates Short -0.060% 712M Contribution (% of total Yr/Yr NAV Change by Category) Listed Equities 46.85% EquityCom 45.80% G20 Rates 7.45% % of Total Notional Security MTM Gain % Total NAV 19.79%1 44 Positions 25.73% 0.11% NVS US Equity 5,778 0.30% 0.12% AZN US Equity 6,079 0.32% 0.13% XLF US Equity 6,141 0.32% 0.18% 1N1 US Equity 6,289 0.33% 0.28% AZN LN Equity 6,296 0.33% 0.41% HON US Equity 6,399 0.33% 0.58% UTX US Equity 6,501 0.34% 0.68% XLI US Equity 6,809 0.36% 0.70% AEX Index 6,830 0.36% 0.82% ROG VX Equity 6,913 0.36% 0.95% SENSEX Index 6,993 0.36% 1.23% DAI GR Equity 7,159 0.37% 1.26% ACA FP Equity 7,174 0.37% 1.26% NOVN VX Equity 7,373 0.38% 1.27% FTSEMIB Index 7,547 0.39% 1.28% SMI Index 7,639 0.40% 1.31% SXXP Index 7,692 0.40% 1.32% SX6P Index 7,995 0.42% 1.36% SXSE Index 8,015 0.42% 1.38% MAERSKB DC Equity 8,162 0.43% 1.55% BEL20 Index 8,293 0.43% 1.59% MDT US Equity 8,483 0.44% PRO LN Equity 8,535 0.44% TMO US Equity 9,020 0.47% IT_TSY CREDIT 9,024 0.47% HEX Index 9,657 0.50% DAX Index 9,853 0.51% MMM US Equity 10,238 0.53% SXAP Index 10,541 0.55% LULU Index 10,580 0.55% ES_TSY CREDIT 11,418 0.60% IBEX Index 11,966 0.62% SXIP Index 12,049 0.63% SXOP Index 12,288 0.64% NDX Index 12,303 0.64% TYC US Equity 12,787 0.67% XLV US Equity 13,036 0.68% KFX Index 13,105 0.68% ISEQ Index 18,749 0.98% SPX Index 20,294 1.06% EFTA00288512 SXTP Index 23,436 1.22% SXDP Index 27,981 1.46% lE_TSY CREDIT 33,144 1.73% STBCNZL Index 36,947 1.93% No. Names by Category APAC Long 33 APAC Short 15 (MEA Long 73 EMEA Short 13 AMER Long 182 AMER Short 29 EquityCom Long 66 EquityCom Short 6 G20 Rates Long 19 G20 Rates Short 4 Total Long 373 Total Short 67 Current Exposure by Geography (Listed Equl les) & Macro (Equity Indices & Commodiites, G20 Gov. Credit) $2,500,000 $2,000,000 $1,500,000 $1,000,000 $500,000 $- $(500,000) 1 • APAC Long • APAC Short • EMEA Long • EMEA Short • AMER Long • AMER Short • EquityCom Long • EquityCom Short • G20 Rates Long • G20 Rates Short EFTA00288513 Atorus, LLC 6/12/2014 Historical Net Exposure by Geography (Listed Equities) & Macro (Equity Indices & Commodlites, G20 Gov. Credit) —APAC — (MCA —AMER — EquttyCom —G20 Rates NexEposuce REG 2.500.000 6,000.000 - 5.000.000 0,000,000 3.000.000 2.000000 1,000,000 1, 0. .. (000,000) (2,000,CCO) 2.000.000 1,500,000 1,000,000 / 500.000 4 .S. I# O4. we ' as\ v Nli e i el iSS 0 'Al' NC' NC' \ 1 9 • os, & ev CV O4l' \is, ‘ e t. ‘ O4 4 1. ' St (94adol 4' 4 ,y4 4 4 1 14 N,1 1 ", ‘2 (1,030,000) (3,000,0E0) Historical Gross Exposure by Geography (Listed Equities) & Macro (Equity Indices & Commodlites, G20 Gov. Credit) eeeeeee 4.9 eeeee 1••• '7/ 4/ .‘' AV.. ts, j)) A\ 4:/‘ ts;)\-V '))\ 4". EFTA00288514 Atorus, LIC 6/12/2014 Current Gross Notional Risk by Category 273,001 Ai ly ,485 1,608,23 • APAC • EMEA • AMER • EquityCom • G20 Rates Performance Vs. MSCI World Index Rolling 30 Day Realized Volatility - EFTA00288515 Atorus, LLC 6/12/2014 Percentile Distribution of Current MTM Gains In Vol Days by Position (ex-99pct & ex4st percentiles) BODO 7000 MOO 5000 4000 3000 2000 1000 1 OM 10.00 I I° ed . te efine-ce-meitmem-eeite h h Percentile No. Vol Days 0.00% -13.44 5.00% -4.01 10.00% -1.59 15.00% -0.40 20.00% 0.59 25.00% 1.52 30.00% 2.56 35.00% 3.64 40.00% 5.39 45.00% 6.96 50.00% 9.31 55.00% 11.32 60.00% 13.89 65.00% 17.26 70.00% 22.01 75.00% 27.62 80.00% 35.61 85.00% 45.17 90.00% 58.14 95.00% 79.36 100.00% 172.11 P/I. Vol Days by Position MTM Gains(Losses) % of NAV "Signficant" (<7 Vol Days) 0.90% MTM Gains(Losses) % of NAV "Signficant" (>7 Vol Days) 45.46% EFTA00288516 Atorus, LLC Current Portfolio -Listed Equity Portfolio Current Price P/L in Vol 30P Realized Change on Day Security MTM GainnLoss) Exp.. Cost Avg. Price (in USD) Days Vol (in USD) 6/12/2014 000270 KS Equity 8 (1,846) 55.57 55.34 0.46 0.90% 8.98 005380 KS Equity (47) 3,149 224.34 221.01 -1.58 0.96% 15.49 005490 KS Equity 83 (3,177) 294.09 286.41 2.94 0.89% 12.69 005930 KS Equity (15) 1,786 1,399.37 1,387.67 -0.86 0.98% (10.91) 012330 KS Equity 763 5,584 247.00 280.77 15.83 0.86% (60.56) 1 HK Equity 943 12,607 16.18 17.39 7.73 0.97% (149.27) 1299 HK Equity 291 7,867 4.85 5.03 5.98 0.62% (22.96) 13 HK Equity 925 6,181 11.80 13.56 14.35 1.04% (9.99) 16 HK Equity 13.64 • 27 HK Equity • 394 7.52 7.52 0.00 1.87% 5.12 2914 JP Equity 241 5,480 34.28 35.79 5.12 0.86% 96.35 3382 JP Equity 119 3,074 38.97 40.48 4.53 0.85% (19.84) 4063 JP Equity (30) 1,760 59.81 58.81 .2.23 0.77% (4.32) 4502 JP Equity 152 5,651 45.00 46.21 3.97 0.68% (17.38) 4689 JP Equity 82 4,252 4.63 4.72 1.08 1.78% (76.79) 5 HK Equity (113) (4,127) 10.15 10.43 -4.50 0.61% 12.74 5108 JP Equity 37 4,359 35.90 36.21 0.97 0.88% (21.04) 54011P Equity (226) (2,800) 2.81 3.04 .8.97 0.90% (17.82) 63011P Equity 50 4,173 22.48 22.75 1.28 0.94% (12.90) 6752 JP Equity 11.48 - 6902 JP Equity 47.14 - 6954 JP Equity 481 7,571 160.05 170.20 7.55 0.84% (135.92) 7201 JP Equity 15 2,852 9.36 9.40 0.56 0.93% 7.33 7203 JP Equity (95) (4,207) 56.09 57.36 -3.17 0.72% (0.01) 7267 JP Equity 49 (4,675) 35.34 34.97 1.15 0.90% 5.10 762 HK Equity (53) (2,034) 1.48 1.52 -1.61 1.64% 35.52 7751 JP Equity 51 5,733 32.67 32.96 1.72 0.52% (7.05) 80311P Equity (87) (2,279) 14.69 15.26 -4.36 0.88% 0.23 8058 JP Equity 337 8,319 19.43 20.22 6.41 0.63% (2.49) 8106 JP Equity (131) (1,834) 5.63 6.03 -7.65 0.93% (36.19) 8316 JP Equity (180) (3,372) 39.96 42.10 -4.45 1.20% 39.74 8411 JP Equity 52 4,642 2.02 2.04 1.97 0.57% (18.21) 8604 JP Equity (179) (3,335) 6.47 6.82 -4.22 1.27% 87.29 8801 JP Equity 141 4,655 31.26 32.20 2.10 1.44% 8802 JP Equity 20 (4,927) 24.35 24.25 0.30 1.32% 18.47 9020 JP Equity (20) (1,663) 75.37 76.28 .1.63 0.74% 24.36 941 HK Equity 174 (3,782) 10.19 9.72 5.59 0.82% (5.30) 9432 JP Equity 1,131 9,492 54.98 61.53 14.12 0.84% 141.22 9433 JP Equity 183 6,343 56.96 58.60 2.75 1.05% 28.18 9437 JP Equity 59 5,062 16.97 17.17 2.19 0.53% (4.59) 9983 JP Equity (43) (2,292) 322.77 328.84 .1.78 1.05% 50.16 EFTA00288517 9984 JP Equity 22 5,645 74.36 74.65 0.33 1.18% (4.25) AAPL US Equity 1,712 9,685 78.79 92.72 23.49 0.75% (170.47) ABB US Equity 23.31 - ABBN VX Equity 19 (1,914) 23.59 23.36 1.24 0.79% 9.89 ABBV US Equity 235 5,504 51.57 53.77 6.05 0.70% (47.03) ABEV US Equity 56 (5,506) 7.24 7.17 1.15 0.88% 10.30 ABEV3 BZ Equity 51 (5,164) #N/A N/A 0.95 1.04% ABI BB Equity 803 10,512 104.24 112.21 11.97 0.64% (78.09) ABT US Equity 94 7,169 39.29 39.80 2.63 0.50% (50.84) ABX CN Equity 414 (5,037) 18.17 16.68 7.96 1.03% (87.91) ABX US Equity 399 (4,849) 18.17 16.68 8.08 1.02% (86.57) ACA FP Equity 7,174 5,408 6.83 15.90 107.23 1.24% 42.40 ACE US Equity 678 11,217 97.97 103.90 17.25 0.35% (35.90) ACN US Equity 493 8,563 77.97 82.46 9.46 0.61% (57.61) ADP US Equity 112 6,767 76.95 78.23 3.13 0.53% (36.07) AR US Equity 53 5,843 61.61 62.16 1.33 0.68% (42.62) AGN US Equity 4,551 10,225 112.47 162.54 38.79 1.15% (23.74) Al FP Equity (380) 12,864 137.74 133.79 -4.01 0.74% (30.90) AIG US Equity 650 9,279 50.92 54.49 9.60 0.73% (38.41) AIR FP Equity 1 4,737 70.19 70.21 0.02 1.11% (12.55) ALV GR Equity (48) 7,052 169.20 168.04 -1.32 0.52% (39.44) ALVG IX Equity (18) 5,730 168.62 168.10 -0.61 0.51% (30.34) AMGN US Equity 3 8,878 116.15 116.19 0.06 0.59% (19.00) AMT US Equity 1,711 12,212 77.36 88.20 22.36 0.63% (78.32) AMZN US Equity (210) (2,898) 306.51 328.67 -5.68 1.27% 67.11 ANZ AU Equity 921 12,947 29.78 31.89 10.01 0.71% 39.24 AM US Equity 676 9,864 90.24 96.42 11.43 0.60% 133.24 APC US Equity 476 5,575 99.54 108.03 10.16 0.84% 37.03 MP US Equity 3,400 11,422 73.08 94.84 45.40 0.66% (20.98) AZN LN Equity 6,296 12,676 49.80 74.54 36.73 1.35% 212.41 AZN SS Equity 5,684 12,119 50.82 74.65 34.17 1.37% 321.47 AZN US Equity 6,079 12,812 50.30 74.16 34.75 1.37% 80.01 BA US Equity 221 10,667 129.95 132.64 3.02 0.68% (126.51) BAC US Equity 33 6,820 15.42 15.49 0.60 0.81% (68.44) BARC LN Equity (91) 5,219 4.11 4.04 -1.36 1.28% (11.79) BAS GR Equity 1,467 8,396 99.30 116.65 33.33 0.52% 49.40 BATS LN Equity 824 8,615 54.62 59.85 13.51 0.71% 54.76 BAX US Equity (34) 4,842 73.51 73.00 -1.49 0.47% (22.13) BAYN GR Equity 333 10,263 137.07 141.53 6.16 0.53% (69.49) BBAS3 BZ Equity (90) (590) #N/A N/A -9.32 1.63% BOO US Equity 254 5,475 14.62 15.29 3.61 1.28% (1.91) BBOC4 BZ Equity 274 5,427 #N/A N/A 3.73 1.35% BBL US Equity 95 (4,248) 64.02 62.59 2.53 0.89% 56.48 BBVA SM Equity 1,769 6,299 10.28 13.16 38.41 0.73% (25.42) BCE CN Equity 92 10,241 45.03 45.44 2.22 0.41% (189.58) BCS US Equity (106) 5,457 16.46 16.14 -1.61 1.20% (15.76) BEN US Equity 191 4,282 53.70 56.10 5.32 0.84% (16.31) EFTA00288518 BG/ LN Equity (453) (3,788) 18.76 21.01 -13.44 0.89% (52.82) BHP AU Equity (195) 9,507 34.47 33.78 -2.24 0.91% (4.68) BHP US Equity (125) 7,278 67.98 66.83 -1.95 0.88% (95.33) BBB US Equity 281 1,066 245.93 310.75 24.95 1.06% (2.79) BIL SI Equity 166 (4,833) 32.51 31.40 4.69 0.73% 52.54 BK US Equity 627 8,609 32.86 35.26 10.34 0.70% (15.09) BLK US Equity 100 5,982 304.18 309.25 3.03 0.55% (35.60) BLT IN Equity 136 (4,374) 32.33 31.32 3.75 0.83% 52.76 BMO CN Equity 765 14,492 66.99 70.52 13.66 0.39% (38.13) BMW GR Equity 1,284 5,402 99.96 123.73 31.45 0.76% (22.80) BMY US Equity (3) (1,154) 46.96 47.09 .0.33 0.89% (2.16) BN FP Equity (9) 620 74.47 73.45 -1.94 0.72% (4.12) BNP FP Equity 80 (3,462) 71.49 69.84 2.59 0.89% (12.40) BNS CN Equity 1,270 13,686 59.27 64.77 24.58 0.38% (49.78) BP/ LN Equity 994 11,444 7.85 8.53 20.28 0.43% 43.14 BRK/B US Equity 811 15,201 120.96 127.41 13.27 0.40% (100.10) BSBR US Equity 174 4,026 6.74 7.03 6.31 0.69% 9.53 BUD US Equity 738 10,949 104.92 111.99 11.92 0.57% (79.70) BX US Equity 215 4,860 32.08 33.50 3.49 1.27% (32.77) C US Equity 58 6,030 47.93 48.39 1.52 0.63% (59.00) CA FP Equity 198 3,932 34.37 36.09 5.98 0.84% (20.94) CAT US Equity 2,690 14,645 90.43 107.04 25.55 0.72% (257.75) CBA AU Equity 1,817 17,559 69.92 77.16 19.08 0.54% (37.82) CBS US Equity 66 5,408 60.37 61.11 1.23 1.00% (84.53) CCL US Equity 532 6,766 36.49 39.36 10.66 0.74% (145.17) CELG US Equity 313 6,006 152.36 160.30 6.12 0.85% (37.03) CFR VX Equity 421 9,275 98.59 103.06 6.37 0.71% 29.55 CL US Equity 2,903 22,712 60.23 67.92 28.65 0.45% (232.02) CM CN Equity 678 12,827 84.55 89.02 12.74 0.41% 15.37 CMCSA US Equity 268 9,959 51.22 52.59 5.44 0.49% (12.37) CMCSK US Equity 5,310 13,530 37.47 52.17 85.52 0.46% (30.39) CNI US Equity 2,634 14,136 52.09 61.80 41.92 0.44% (69.05) CNQ CN Equity 1,935 10,962 36.82 43.32 21.87 0.81% 265.15 CNR CN Equity 2,600 14,082 52.22 61.86 44.81 0.41% (58.39) COF US Equity 1,286 8,423 70.22 80.94 22.97 0.66% 13.56 COP US Equity 756 10,158 77.03 82.77 13.12 0.57% 122.72 COST US Equity 123 9,550 114.02 115.49 2.04 0.63% (66.02) COV LN Equity #N/A N/A COV US Equity 894 7,768 64.78 72.24 23.12 0.50% (40.52) CRM US Equity 30 2,191 52.34 53.06 0.81 1.69% (1.69) CS FP Equity 37 4,786 24.65 24.84 0.83 0.93% (32.99) CSCO US Equity 41 6,415 24.58 24.73 0.88 0.72% (76.25) CSX US Equity 1,782 9,972 25.47 30.02 25.45 0.70% (134.02) CVE CN Equity 30.71 CVS US Equity 2,271 12,539 64.62 76.32 29.68 0.61% (219.91) CVX US Equity (45) (2,286) 123.45 125.89 .4.50 0.44% (13.04) D US Equity 907 7,953 60.80 67.73 16.99 0.67% (41.94) EFTA00288519 DAI GR Equity 7,159 13,908 62.20 94.22 68.71 0.75% (2.64) DBK GR Equity 531 (5,922) 41.71 37.97 9.93 0.90% (1.60) DD US Equity 3,136 13,534 55.43 68.27 45.12 0.51% (181.57) DDAIF US Equity 4,066 8,377 63.20 93.88 62.85 0.77% (43.19) DE US Equity 421 10,094 86.88 90.51 7.34 0.57% (111.04) DELI. US Equity #WA WA DG FP Equity 4,857 10,090 51.66 76.52 94.14 0.51% 50.29 DGE LN Equity 107 2,332 30.86 32.28 7.01 0.66% 19.55 DHR US Equity 485 11,046 76.68 80.05 6.61 0.66% (16.51) DIS US Equity 2,142 11,829 70.38 83.12 28.42 0.64% (214.35) DISCA US Equity (257) (6,841) 75.84 78.69 -3.56 1.06% 21.04 DNB NO Equity 634 7,918 17.84 19.27 11.55 0.69% 13.11 DOW US Equity 3,039 7,396 37.11 52.36 65.38 0.63% (92.01) DPW GR Equity 150 660 29.41 36.07 27.98 0.81% (3.03) DTE GR Equity 975 7,575 15.16 17.11 16.45 0.78% 26.57 DTV US Equity 3,578 10,622 61.97 82.85 34.31 0.98% (13.48) DUK US Equity 92 (7,783) 70.84 70.00 2.44 0.48% (2.45) DVN US Equity 2,549 13,400 65.00 77.36 26.69 0.71% 216.59 EBAY US Equity 112 (3,131) 50.61 48.79 4.58 0.78% (12.70) ECL US Equity 278 11,898 106.13 108.61 6.07 0.38% (85.69) EDF FP Equity 5,081 9,189 23.45 36.41 55.68 0.99% 209.78 EMC US Equity 528 11,749 25.43 26.58 9.92 0.45% (111.91) EMR US Equity (21) 8,739 66.79 66.64 0.39 0.60% (95.07) ENB CN Equity 270 12,532 45.66 46.64 4.72 0.46% (15.85) ENEL IM Equity 2,811 8,902 4.48 5.90 33.24 0.95% (83.79) ENI IM Equity 821 11,929 24.33 26.00 10.34 0.67% 68.22 EOAN GR Equity 98 4,560 18.88 19.29 2.41 0.89% (34.45) EOG US Equity 3,136 5,841 72.84 111.95 56.31 0.95% 158.42 EPD US Equity 2,150 14,164 64.39 74.16 35.19 0.43% (95.06) ERICB SS Equity (80) 7,934 12.51 12.38 -1.77 0.57% 11.43 ESRX US Equity 63 6,197 70.70 71.43 1.88 0.54% (5.81) ETN US Equity 192 6,612 73.03 75.16 5.04 0.58% (7.72) F US Equity (72) 6,833 16.82 16.64 -1.53 0.69% (118.03) F8 US Equity 1,259 2,630 44.06 65.15 34.88 1.37% (10.11) FCX US Equity 6 6,674 33.66 33.69 0.11 0.86% (69.64) FDX US Equity 290 5,760 133.48 140.20 8.88 0.57% (100.93) FOX US Equity 326 8,112 33.25 34.59 4.38 0.92% (98.33) FOXA US Equity 326 7,119 34.13 35.70 5.05 0.91% (72.91) FP FP Equity 1,893 14,528 62.63 70.79 19.97 0.65% 162.46 G IM Equity 33 5,340 22.35 22.49 0.85 0.71% (35.72) GE US Equity 2,764 13,140 22.32 27.01 44.76 0.47% (89.46) GILD US Equity 166 5,554 78.47 80.81 3.05 0.98% (3.54) GIS US Equity 1,655 25,323 50.89 54.22 16.51 0.40% (284.34) GLE FP Equity 58.05 - GLEN LN Equity (90) (2,955) 5.22 5.38 -4.22 0.72% 33.77 GLW US Equity 3,525 12,136 16.41 21.18 48.96 0.59%[ (240.91) GM US Equity 161 8,503 35.24 35.90 2.37 0.80% (53.60) EFTA00288520 GOOG US Equity (38) 6,581 555.60 552.39 -0.60 0.96% (59.44) GS US Equity 162 7,007 162.23 165.97 2.99 0.77% 26.16 GSK LN Equity 209 5,707 26.22 27.18 6.13 0.60% 19.15 GSZ FP Equity 1,134 11,763 25.40 27.85 13.64 0.71% (168.43) HAL US Equity 2,356 7,891 51.84 67.32 44.18 0.68% 88.59 HD US Equity 299 13,333 76.98 78.70 3.55 0.63% (231.01) HMB SS Equity 175 7,694 42.69 43.66 3.18 0.72% (62.52) HON US Equity 6,399 11,930 61.10 93.87 87.56 0.61% (197.83) HPQ US Equity 2,384 8,030 25.94 33.65 36.29 0.82% 96.99 HSBA LN Equity 92 8,008 10.34 10.46 2.05 0.56% 14.36 IBE SM Equity 2,445 7,531 5.56 7.37 66.34 0.49% 61.73 IBM US Equity 250 (6,942) 188.29 181.51 6.18 0.58% 49.41 IMT LN Equity 2,795 13,953 37.12 44.55 30.94 0.65% 186.33 INTC US Equity 2,016 13,546 24.52 28.17 26.55 0.56% 126.98 ISP IM Equity 4,385 5,699 1.93 3.41 56.55 1.36% (193.78) ITUB US Equity (251) 5,715 15.85 15.18 -3.00 1.46% (47.81) ITUB4 BZ Equity (101) 4,601 #N/A N/A -1.50 1.47% ITW US Equity 4,156 14,011 67.84 87.96 65.22 0.45% (147.03) ITX SM Equity (93) (2,921) 146.45 151.11 -4.85 0.66% 6.15 JCI US Equity 83 4,214 48.47 49.42 2.33 0.84% (24.36) JNJ US Equity 6,289 20,076 78.15 102.64 88.40 0.35% (206.08) JPM US Equity 160 8,412 56.08 57.14 2.80 0.68% (32.74) KMB US Equity 213 11,316 107.98 110.01 5.43 0.35% (112.46) KMI US Equity (6) 2,746 34.95 34.88 -0.40 0.55% (4.89) KO US Equity 7 (789) 40.90 40.52 3.14 0.30% 7.56 LBTYA US Equity (38) 5,724 43.92 43.63 -0.70 0.95% (106.74) LBTYK US Equity 86 7,489 41.91 42.39 1.52 0.76% (122.09) LIN GR Equity 527 10,686 200.99 210.91 8.19 0.60% (11.76) LLOY LN Equity 293 3,063 1.22 1.34 9.70 0.99% 36.55 LLY US Equity (0) 4,953 59.03 59.03 0.00 0.54% (47.42) LMT US Equity 670 2,016 122.48 163.17 66.11 0.50% (24.25) LNKD US Equity 253 (2,461) 183.83 164.97 5.53 1.86% (28.44) LOW US Equity (82) 4,313 46.76 45.88 -1.84 1.03% (102.89) LVS US Equity (62) 1,490 76.08 73.06 -3.23 1.28% (18.40) LYB US Equity 1,579 2,297 59.29 100.04 137.73 0.50% 29.15 MA US Equity 62 6,084 75.27 76.03 1.27 0.80% (76.61) MAERSKB DC Equity 8,162 14,377 1,651.64 2,589.25 59.28 0.96% (122.69) MC FP Equity 292 7,348 188.38 195.87 7.85 0.51% (11.50) MCD US Equity (50) 9,603 100.64 100.11 -1.15 0.45% (45.74) MCK US Equity 249 2,181 164.92 183.76 13.52 0.84% (36.20) MDIZ US Equity 4,100 13,763 28.74 37.31 47.23 0.63% (139.58) MDT US Equity 8,483 20,811 43.22 60.84 55.69 0.73% (177.83) MET US Equity 1,717 7,556 44.37 54.45 21.71 1.05% (75.51) MFC CN Equity 1,351 2,561 12.38 18.91 73.82 0.71% (19.62) MHS US Equity #N/A N/A MMM US Equity 10,238 21,331 96.89 143.40 111.33 0.43% (244.33) MO US Equity 1,489 13,316 37.33 41.50 22.62 0.49% (340.82) EFTA00288521 MON US Equity 1,700 12,435 106.57 121.14 24.61 0.56% 22.89 MOS US Equity 48.69 - MRK US Equity 1,918 12,269 50.46 58.35 21.17 0.74% (107.68) MS US Equity 91 3,648 30.93 31.71 2.58 0.97% 0.79 MSFT US Equity 1,187 8,724 35.67 40.52 19.99 0.68% (86.17) MUV2 GR Equity 635 6,116 197.70 218.21 16.95 0.61% (8.26) NAB AU Equity (3) 13,313 31.52 31.51 -0.04 0.71% (25.50) NCM AU Equity 9.19 - NEE US Equity 4,567 15,275 73.39 95.33 54.50 0.55% 70.10 NEM US Equity 495 (2,777) 28.38 23.32 18.60 0.96% (38.20) NESN VX Equity 1,059 11,809 70.94 77.30 17.17 0.52% (29.26) NG/ IN Equity 2,328 13,478 12.00 14.08 24.54 0.70% 80.47 NICE US Equity 262 5,145 71.37 75.01 7.15 0.71% (10.68) NOK US Equity 4,647 4,498 3.96 8.06 101.03 1.02% 16.83 NOV US Equity (108) 8,643 78.00 77.04 -1.25 0.99% 84.61 NOVN VX Equity 7,373 21,557 66.71 89.53 82.64 0.41% (138.86) NOVOB DC Equity 1,158 9,444 40.35 45.30 13.99 0.88% 188.83 NSC US Equity 2,386 10,732 82.11 100.36 34.24 0.65% (183.39) NVS US Equity 5,778 18,195 67.78 89.31 86.92 0.37% (89.06) OGXP3 BZ Equity 4,030 (4,107) #N/A N/A 32.94 2.98% OR FP Equity 331 9,397 167.74 173.65 7.41 0.48% (56.18) ORA FP Equity 1,796 8,559 13.80 16.70 19.61 1.07% 47.15 ORCL US Equity 2,018 8,999 34.43 42.15 51.18 0.44% (119.43) OXY US Equity 508 10,010 96.30 101.19 10.33 0.49% 134.71 PBR US Equity (40) (515) 14.43 15.55 -4.98 1.56% 0.95 PBR/A US Equity (42) (518) 15.40 16.66 -4.85 1.68% 2.03 PCLN US Equity 299 5,110 1,174.29 1,242.99 5.29 1.11% 22.21 PCP US Equity 269 8,068 257.64 266.23 3.84 0.87% (63.16) PEP US Equity 549 13,263 83.78 87.25 10.65 0.39% (104.87) PETR3 BZ Equity (76) (1,174) #N/A N/A -3.84 1.69% PETR4 BZ Equity (78) (1,100) 8N/A N/A -3.98 1.78% PFE US Equity (19) 4,811 29.61 29.49 A.65 0.61% 5.51 PG US Equity 79 11,013 79.25 79.82 2.10 0.34% (29.26) PHIA NA Equity 31.62 PM US Equity 168 9,885 86.84 88.31 5.44 0.31% (16.49) PNC US Equity 1,266 9,400 76.94 87.30 19.73 0.68% (90.10) POT CN Equity (10) 6,886 36.04 35.99 -0.23 0.63% (5.94) POT US Equity (78) 7,998 36.32 35.97 -1.69 0.58% (8.31) PRU LN Equity 8,535 10,521 12.76 23.11 132.92 0.61% 84.46 PSA US Equity 598 13,406 162.12 169.35 8.01 0.56% (33.37) PSX US Equity 1,702 6,569 65.88 82.94 34.74 0.75% 14.38 PX US Equity 2,557 16,951 114.15 131.37 37.38 0.40% (192.86) QCOM US Equity 2,349 12,769 67.02 79.35 41.32 0.45% 47.05 QQQ US Equity 2,829 12,682 75.41 92.24 46.23 0.48% (94.80) RAI US Equity 1,204 12,125 53.94 59.29 13.78 0.72% (85.59) RDS/A US Equity 743 11,546 75.02 79.84 13.36 0.48% 143.67 RDS/B US Equity 693 11,427 78.85 83.63 9.26 0.65% 132.00 EFTA00288522 RDSA LN Equity 820 9,744 36.73 39.83 14.10 0.60% 65.63 RDSA NA Equity 627 11,195 37.76 39.87 12.20 0.46% 101.95 RDSB LN Equity 717 10,889 39.07 41.65 11.19 0.59% 67.47 REGN US Equity 193 6,240 302.78 312.14 2.80 1.10% 39.25 RIO AU Equity (43) 3,319 56.25 55.54 -1.17 1.10% (10.55) RIO LN Equity (106) 2,203 54.00 51.53 -5.06 0.95% (56.41) RIO US Equity (118) 2,526 53.93 51.53 -4.09 1.14% (70.40) ROG VX Equity 6,913 17,035 212.78 299.13 71.92 0.56% (205.52) RY CN Equity 446 12,131 66.22 68.65 9.13 0.40% (46.67) SAB LN Equity 1,744 11,677 49.62 57.03 20.07 0.74% 23.43 SAN FP Equity (42) (3,097) 106.12 107.54 -2.95 0.45% 0.89 SAN SM Equity 2,111 9,840 8.73 10.60 36.69 0.58% 1.35 SAN US Equity 1,656 7,980 8.73 10.54 27.18 0.76% (15.33) SAP GR Equity (4) 1,563 75.58 75.39 -0.38 0.67% 9.01 SAP US Equity (1) 1,074 75.30 75.22 -0.15 0.68% 4.51 SBUX US Equity 106 10,127 73.24 74.01 1.64 0.64% (69.67) SGO FP Equity 2,502 8,173 44.52 58.15 36.12 0.85% 18.13 SI US Equity #WA N/A SIE GR Equity 888 5,345 114.81 133.89 25.54 0.65% 2.09 SLB US Equity 2,397 10,311 86.80 106.98 46.30 0.50% 45.89 SMSN LI Equity (9) 3,817 697.28 695.72 -0.22 1.00% (20.57) SO US Equity (237) 11,861 44.09 43.23 -3.64 0.55% (5.03) SPG US Equity (375) 12,778 168.84 164.03 -4.86 0.60% (44.32) SREN VX Equity 88.79 - STAN LN Equity (3) 403 22.52 22.34 -1.44 0.54% 0.74 STL NO Equity 1,769 11,476 26.77 30.90 16.67 0.92% 188.59 STT US Equity 87 5,049 65.21 66.33 2.16 0.80% (16.21) SU CN Equity 1,428 11,983 37.23 41.67 16.58 0.72% 399.29 SU FP Equity 804 10,184 87.64 94.56 9.36 0.84% (36.09) SU US Equity 1,433 13,011 37.52 41.65 15.33 0.72% 429.98 SWEDA SS Equity 117 4,735 25.97 26.61 3.58 0.69% (27.63) SYNN VX Equity (152) (4,132) 359.52 372.78 -7.41 0.50% 41.59 T US Equity 85 (5,972) 35.25 34.75 3.46 0.41% 19.90 TD CN Equity 1,028 13,770 46.52 50.00 16.21 0.46% (104.80) TEF SM Equity 387 8,397 16.14 16.89 6.85 0.67% 26.19 TEF US Equity 371 6,344 15.95 16.88 7.14 0.82% 53.26 TGT US Equity 857 (8,574) 63.57 57.22 12.10 0.83% (39.68) TJX US Equity 7 (588) 55.53 54.90 1.11 1.02% 6.75 TLS AU Equity 766 13,319 4.66 4.93 11.58 0.50% (45.03) TLSN SS Equity (267) (5,268) 7.02 7.38 -9.31 0.54% 44.88 TM US Equity 29 (5,774) 115.16 114.59 0.82 0.61% (26.07) TMO US Equity 9,020 10,218 63.59 119.72 138.58 0.64% (29.67) TOT US Equity 1,248 7,801 61.19 70.98 21.72 0.74% 115.23 TRP CN Equity (19) (3,875) 46.17 46.40 -1.31 0.38% (2.41) TRV US Equity 1,215 14,198 87.42 94.90 21.64 0.40% 7.36 TSCO LN Equity 756 (6,473) 5.57 4.92 13.63 0.86% 64.36 TWC US Equity 974 5,234 120.22 142.60 35.30 0.53% (7.38) EFTA00288523 TWX US Equity 110 9,814 67.77 68.52 1.33 0.84% (57.52) TXN US Equity 4,593 12,205 34.93 48.07 60.36 0.62% (6.46) TYC US Equity 12,787 24,080 29.17 44.65 75.52 0.70% 7.02 UBS US Equity (9) 1,899 19.76 19.67 -0.71 0.65% (29.29) UBSN VX Equity (7) 1,784 19.78 19.70 -0.53 0.75% (29.04) UCG IM Equity 3,444 5,500 5.62 9.15 48.51 1.29% (53.38) ULVR LN Equity 366 6,329 42.99 45.47 9.94 0.58% 53.22 UNA NA Equity 323 8,550 42.33 43.93 6.63 0.57% 73.46 UNH US Equity 2,391 10,611 64.78 79.38 41.19 0.55% (107.72) UNP US Equity 2,683 14,119 84.72 100.81 35.64 0.53% (186.84) UPS US Equity 3,980 14,806 79.87 101.34 46.01 0.58% (240.81) USB US Equity 3,401 14,625 34.87 42.98 58.46 0.40% (9.18) UTX US Equity 6,501 15,190 82.05 117.17 66.90 0.64% (210.07) V US Equity 234 9,462 206.92 212.03 3.96 0.62% (35.75) VALE US Equity 386 (2,664) 14.92 12.76 11.32 1.28% 114.00 VALE3 BZ Equity 348 (2,939) gWA N/A 8.66 1.37% VIAB US Equity 3,911 9,746 61.33 85.94 62.20 0.65% (116.90) VIV FP Equity 26.04 VMW US Equity 289 4,785 89.16 94.56 6.60 0.92% (93.77) VOD LN Equity 512 (3,948) 3.82 3.32 13.85 0.94% 66.67 VOD US Equity 504 (3,810) 38.03 33.00 13.95 0.95% 48.54 VOW3 GR Equity 93 3,208 259.69 267.24 4.94 0.59% 36.82 VRX CN Equity 230 2,217 109.70 121.11 7.70 1.35% (62.29) VRX US Equity 455 1,504 93.20 121.43 23.61 1.28% (43.69) VTI US Equity 799 5,134 86.91 100.44 38.28 0.41% (30.75) VWO US Equity 107 5,630 42.75 43.56 3.30 0.58% (11.62) VZ US Equity (36) 2,845 49.59 48.97 -2.44 0.52% (23.83) WBC AU Equity 695 11,844 30.87 32.68 8.91 0.66% 22.33 WES AU Equity 52 13,490 39.08 39.23 0.63 0.61% (24.70) WFC US Equity 4,006 12,958 39.63 51.89 58.10 0.53% (117.43) WLP US Equity 4,585 10,908 75.47 107.20 66.34 0.63% 13.96 WMT US Equity (65) 9,262 76.31 75.78 -1.48 0.47% (S4.42) WOW AU Equity (45) 4,724 34.83 34.50 -1.58 0.60% 16.48 XOM US Equity 1,712 16,573 92.53 102.09 27.50 0.38% 39.09 XTA LN Equity #N/A N/A YHOO US Equity 141 3,171 35.02 36.58 4.49 0.99% (0.71) YUM US Equity 533 9,244 74.81 79.12 11.30 0.51% (24.48) ZURN VX Equity 59 8,429 294.36 296.41 1.92 0.36% (33.17) Current Portfolio - Global Macro Portfolio Current Price PA in Vol 30P Realized Change on Day Security MTM Gain/(Loss) Exp. CO Cost Avg. Price (In USD) Days Vol (in USD) SPX Index 20,294 62,272 1,455.70 1,930.11 85.68 0.38% (585.30) NDX Index 12,303 37,348 2,831.19 3,763.80 64.29 0.51% (445.11) RTY Index 527 13,754 1,116.65 1,159.40 4.64 0.83% (89.44) EFTA00288524 SPTSX Index 2,233 42,751 13,058.31 13,740.33 17.55 0.30% 119.26 MEXBOL Index 20 15,064 3,278.27 3,282.57 0.23 0.58% (75.14) IBOV Index (157) (2,799) kWA WA -4.76 1.18% MERVAL Index 1,853 22,139 915.40 992.00 6.93 1.21% (34.86) UKX Index 4,727 47,394 10,461.88 11,505.32 30.23 0.33% 66.46 DAX Index 9,853 37,847 10,682.74 13,463.96 64.68 0.40% (14.54) CAC Index 1,939 29,424 5,788.46 6,169.85 15.54 0.42% 20.59 IBEX Index 11,966 42,944 11,748.18 15,021.59 44.81 0.62% 112.10 SMI Index 7,639 52,752 8,424.18 9,644.07 50.37 0.29%r (258.22) FTSEMIB Index 7,547 25,266 23,118.94 30,024.88 28.69 1.04% (62.41) P5120 Index 5,435 24,476 8,041.34 9,826.80 24.34 0.91% (240.21) ISEQ Index 18,749 32,079 4,246.25 6,728.05 79.31 0.74% 86.00 ICEXI Index 504 8,636 6.89 7.29 9.77 0.60% 24.14 AEX Index 6,830 47,720 491.50 561.85 39.00 0.37% 82.53 BEL20 Index 8,293 47,922 3,658.46 4,291.59 48.25 0.36% (135.59) LUXXX Index 10,580 41,632 1,672.08 2,096.99 34.51 0.74% (379.57) KFX Index 13,105 40,987 102.53 135.31 59.80 0.53% 534.18 HEX Index 9,657 43,687 8,614.24 10,518.45 46.67 0.47% 147.17 OMX Index 2,084 25,629 193.03 208.73 18.54 0.44% (57.17) ATX Index 277 64,153 3,453.03 3,467.95 0.62 0.70% 177.79 ASE Index 457 12,366 1,707.57 1,770.70 2.18 1.69% 8.65 OSEBX Index 5,556 28,238 86.80 103.87 31.96 0.62% 230.42 INDEXCF Index • 8,999 kla WA 0.00 1.09% TOP40 Index 2,438 36,288 3,996.66 4,265.21 9.50 0.71% 115.67 SENSEX Index 6,993 43,256 371.48 431.54 17.57 0.92% 244.40 NKY Index 492 23,222 143.92 146.97 3.02 0.70% (132.49) HSI Index 777 33,812 2,922.57 2,989.71 3.97 0.58% (121.91) SHCOMP Index 1,338 (37,862) 342.04 329.96 7.03 0.50% 4.45 KOSPI Index 2,257 45,441 1.88 1.98 10.83 0.46% (80.22) AS51 Index 1,166 33,715 4,948.24 5,119.36 6.69 0.52% (31.79) STBCNZL Index 36,947 73,207 444.47 668.79 122.49 0.41% EEM US Equity 52 5,720 43.20 43.59 1.47 0.61% (27.67) IYR US Equity 146 12,786 70.30 71.10 2.69 0.42% (38.08) MDY US Equity 5,495 14,269 184.03 254.89 73.92 0.52% (101.05) INK US Equity 57 10,785 41.31 41.53 4.40 0.12% XLF US Equity 6,141 13,610 15.57 22.60 91.20 0.49% (121.60) XLU US Equity 799 10,859 39.38 42.28 11.32 0.65% 35.96 XLK US Equity 2,966 13,218 30.96 37.91 50.30 0.45% (139.67) XLI US Equity 6,809 16,147 38.20 54.31 80.37 0.52% (308.58) XLP US Equky 753 12,469 42.17 44.72 16.43 0.37% (93.94) XLY US Equity 1,393 9,522 57.37 65.76 26.92 0.54% (139.29) XLE US Equity 1,257 13,308 89.08 97.49 23.10 0.41% 47.96 XLB US Equity 4,526 15,233 37.75 48.96 66.00 0.45% (168.06) XLV US Equity 13,036 24,346 38.87 59.68 118.52 0.45% (186.97) SXXP Index 7,692 48,422 406.61 471.21 54.23 0.29% 60.13 SXAP Index 10,541 28,869 521.95 712.53 50.97 0.72% 29.02 SXKP Index 4,878 37,626 366.14 413.60 25.75 0.50% 129.49 EFTA00288525 SX6P Index 7,995 39,503 360.60 433.59 43.24 0.47% 62.38 SXEP Index 4,833 51,146 456.85 500.02 17.27 0.55% 710.53 SXIP Index 12,049 28,923 222.31 314.91 100.42 0.41% (138.85) SXNP Index 5,023 30,621 488.20 568.28 38.58 0.43% 15.36 SX3P Index 1,858 31,675 679.66 719.54 14.34 0.41% 44.32 SXDP Index 27,981 61,074 609.16 888.24 149.78 0.31% 162.17 SX4P Index 4,086 29,534 933.61 1,062.78 36.73 0.38% (68.48) SX8P Index 591 16,254 375.46 389.12 6.98 0.52% 78.50 SXOP Index 12,288 44,807 388.56 495.12 48.63 0.56% 225.19 SXQP Index 1,756 45,829 807.20 838.14 10.77 0.36% 230.34 SXRP Index (17) 16,765 431.85 431.40 -0.27 0.39% (75.39) SXMP Index 1,552 17,388 314.93 343.04 20.24 0.44% 79.99 SXTP Index 23,436 39,247 172.05 274.79 87.73 0.68% (229.25) SX7E Index 4,031 12,087 159.85 213.15 35.60 0.94% (52.25) SXSE Index 8,015 43,006 3,750.28 4,449.21 42.55 0.44% (33.21) SPGSCITR Index (209) (11,834) 5,016.60 5,105.25 4.79 0.37% (213.61) XAG Curncy 1,212 (17,834) 20.96 19.53 10.29 0.66% (325.19) CO1 Comdty (231) (7,176) 109.50 113.02 -6.11 0.53% (193.92) CL1 Comdty 2,236 33,101 99.79 106.53 11.36 0.59% 720.96 NG1 Comdty 3,520 15,160 3.86 4.76 14.66 1.58% 1,052.50 XAU Comdty (765) (26,763) 89.21 91.76 -0.06 49.03% (600.02) IBOXHY Index 4,063 53,418 220.12 236.87 136.12 0.06% 17.38 US_TSY CREDIT 176 100,443 765.33 766.67 1.56 0.11% 235.47 CA_TSY CREDIT (451) (61,568) 1,214.65 1,223.55 -2.61 0.28% (245.74) MX_TSY CREDIT 1,619 87,928 221.30 225.37 3.88 0.47% 371.05 AU TSY CREDIT 2,005 81,398 1,506.03 1,543.12 8.81 0.28% 441.19 JP_TSY CREDIT (35) (45,369) 817.18 817.81 -0.35 0.22% (82.19) MY_TSY CREDIT 888 103,107 170.18 171.64 3.66 0.24% 236.83 SG_TSY CREDIT 216 66,005 221.48 222.21 1.59 0.21% 89.52 AT_TSY CREDIT 3,500 81,569 358.40 373.78 17.82 0.24% 77.45 BE_TSY CREDIT 4,894 79,771 477.76 507.07 24.03 0.26% 21.71 FI_TSY CREDIT 3,007 85,645 349.64 361.92 15.08 0.23% 120.19 FR_TSY CREDIT 3,996 82,246 1,684.51 1,766.35 19.96 0.24% 69.88 DE_TSY CREDIT 2,245 84,524 1,247.55 1,280.69 11.58 0.23% 113.29 IE_TSY CREDIT 33,144 78,270 336.92 479.60 172.11 0.25% 256.12 IT_TSY CREDIT 9,024 54,986 1,616.07 1,881.29 51.74 0.32% (41.14) NL_TSY CREDIT 3,124 82,865 1,330.92 1,381.10 15.72 0.24% 95.99 ES_TSY CREDIT 11,418 50,187 392.28 481.53 77.17 0.29% (148.05) DK_TSY CREDIT 2,297 67,396 729.23 754.08 13.63 0.25% 24.96 NO_TSY CREDIT (114) 50,762 347.94 347.16 -0.82 0.27% 100.87 PL_TSY CREDIT 2,141 35,151 429.04 455.18 18.28 0.33% 184.43 ZA_TSY CREDIT (150) (53,153) 83.15 83.38 0.30 0.93% SE_TSY CREDIT 264 (44,333) 464.03 461.27 1.96 0.30% (60.02) CH_TSY CREDIT 1,609 41,914 1,008.64 1,047.35 17.99 0.21% 59.09 GB_TSY CREDIT 1,860 89,647 1,507.67 1,538.95 8.86 0.23% 273.74 EFTA00288526