Cash Cash Cash - 1.00 12,251,905.34 28.02 - - - -

ADL GY Equity ADLER REAL ESTATE AG CFD (71,068.19) 13.84 99,644.21 (2.41) (1.75) (0.66) 0.41 0.16

ADM LN Equity ADMIRAL GROUP CFD 65,305.26 17.33 82,192.20 3.20 1.50 1.70 1.20 0.70

ADV GY Equity ADVA AG OPTICAL CFD 309,725.24 7.55 897,699.10 5.72 3.70 2.02 1.52 1.02

AHT LN Equity ASHTEAD GROUP CFD (88,849.91) 15.75 (493,683.43) (3.96) (1.00) (2.96) 2.46 1.96

CAP FP Equity CAP GEMINI CFD (18,868.39) 76.87 51,506.93 (3.55) (1.50) (2.05) 1.55 1.05

CCH LN Equity COCA COLA HBC CFD 72,494.42 18.21 396,526.33 3.74 1.50 2.24 1.99 1.74

DDD LN Equity DDD GROUP CFD (38,095,271.43) - 1,096,072.39 (0.32) (0.50) 0.18 (0.32) (0.82)

DVO LN Equity DEVRO PLC CFD 341,874.36 1.87 (446,338.34) 1.81 1.50 0.31 (0.19) (0.69)

ETO LN Equity Entertainment One CFD (317,491.62) 2.35 314,709.60 (2.11) (1.50) (0.61) 0.36 0.11

FAM LN Equity FINNAUST MINING PLC CFD (47,058,800.00) 0.07 (2,722,498.64) (9.06) (1.25) (7.81) 7.56 7.31

FPM LN Equity FAROE PETROLEUM CFD 1,149,444.25 1.05 248,926.52 3.40 1.00 2.40 1.90 1.40

GLIF LN Equity GLI FINANCE LTD CFD 2,300.00 0.26 (162,271.51) - - - (0.50) (1.00)

IAE LN Equity ITHACA ENERGY CFD (1,818,167.27) 1.07 (1,158,740.73) (5.48) (1.00) (4.48) 3.98 3.48

LLTC US Equity LINEAR TECHNOLOGY ORD SHS CFD 2,500.00 62.43 42,962.00 0.36 0.10 0.26 (0.24) (0.74)

N US Equity NETSUITE CFD 1,000.00 109.90 14,604.80 0.25 0.09 0.16 (0.34) (0.84)

SFQ GY Equity SAF-HOLLAND SA CFD 110,537.50 14.38 95,829.78 3.89 1.60 2.29 2.04 1.79

SWVK GR Equity SOLARWORLD AG CFD 105,381.86 4.53 (1,094,967.28) 1.17 1.50 (0.33) (0.17) (0.67)

VIRP FP Equity VIRBAC SA CFD 6,462.79 165.20 (462,755.54) 2.61 1.50 1.11 0.61 0.11

VOW3 GY Equity VOLKSWAGEN AG-PFD CFD (6,480.68) 148.20 577,443.89 (2.35) (1.50) (0.85) 0.35 (0.15)

YTY1V FH Equity YIT OYJ CFD (236,220.62) 7.93 (399,466.52) (4.58) (1.50) (3.08) 2.58 2.08

1PL GY Equity Powerland AG EQ 2,331,834.11 13.00 32,442,410.87 74.19 1.50 72.69 72.44 72.19

2GB GY Equity 2G ENERGY AG EQ 300.00 20.93 6,720.41 0.02 - - - -

AAPL US Equity APPLE INC EQ 56,750.00 120.00 6,810,000.00 15.57 (0.20) 15.77 15.52 15.27

ADL GY Equity ADLER REAL ESTATE AG EQ (114,068.19) 13.84 (1,689,686.62) (3.86) (1.00) (2.86) 2.36 1.86

ADM LN Equity ADMIRAL GROUP EQ 1,000.00 17.33 21,445.88 0.05 - - - -

ADV GY Equity ADVA AG OPTICAL EQ 209,725.24 7.55 1,694,964.83 3.88 3.70 0.18 (0.32) (0.82)

AGL IM Equity AUTOGRILL SPA EQ (184,825.52) 8.34 (1,649,808.45) (3.77) (1.50) (2.27) 2.02 1.77

Benchmark Detail

Fund Name: Demo Date as on: 20/04/2016

Iden fier Stock Name Type Quan ty Current PriceMarket Exposure

(Base) % Exp of NAV % Benchmark % Difference% Warning Difference

% Ac on Difference

Generated On: 24/01/2017 16:40:31

1

NOT AN OFFICIAL STATEMENT. READ DISCLAIMER ON LAST PAGE.

AHT LN Equity ASHTEAD GROUP EQ 76,500.00 15.75 1,491,032.81 3.41 1.00 2.41 1.91 1.41

AMER LN Equity AMERISUR RESOURC EQ 830,100.00 0.27 272,220.92 0.62 0.50 0.12 (0.38) (0.88)

AMR LN Equity - EQ - - - - 0.25 - - -

AMS LN Equity ADVANCED MEDICAL EQ 540.00 2.03 1,353.21 - - - (0.50) (1.00)

ARCAD NA Equity ARCADIS NV EQ 23,031.29 12.82 316,018.00 0.72 0.50 0.22 (0.28) (0.78)

ARW LN Equity ARROW GLOBAL ORD EQ (185,355.68) 3.02 (692,147.07) (1.58) (1.75) 0.17 (0.08) (0.33)

BAB LN Equity BABCOCK INTL GRP EQ 58,628.44 9.36 678,730.50 1.55 1.00 0.55 0.05 (0.45)

BAYN GY Equity BAYER AG EQ (5,235.03) 102.50 (574,312.89) (1.31) (1.00) (0.31) (0.19) (0.69)

BKG LN Equity BERKELEY GROUP EQ (189,082.97) 27.87 (6,521,306.19) (14.91) (8.00) (6.91) 6.41 5.66

BLNX LN Equity BLINKX PLC EQ 2,857,165.71 0.28 972,329.21 2.22 (1.50) 3.72 3.47 3.22

CBS US Equity CBS Corp EQ 9,100.00 63.49 577,759.00 1.32 0.50 0.82 0.32 (0.18)

CCH LN Equity COCA COLA HBC EQ 15,000.00 18.21 338,023.12 0.77 0.50 0.27 (0.23) (0.73)

CO FP Equity CASINO GUICHARD PERRACHON EQ 18,987.06 50.78 1,031,943.35 2.36 1.00 1.36 0.86 0.36

COLR BB Equity COLRUYT SA EQ (35,553.29) 45.68 (1,738,056.35) (3.97) (1.50) (2.47) 1.97 1.47

CS FP Equity AXA EQ 66,327.41 23.10 1,639,874.29 3.75 2.00 1.75 1.25 0.75

DEX GY Equity DELTICOM AG EQ (76,388.04) 17.80 (1,454,885.73) (3.33) (1.75) (1.58) 1.33 1.08

DLG GY Equity DIALOG SEMICOND EQ 36,982.60 42.06 1,664,838.97 3.81 1.50 2.31 1.81 1.31

DRW3 GY Equity DRAEGERWERK-PFD EQ (14,513.37) 81.87 (1,271,740.74) (2.91) (1.50) (1.41) 0.91 0.41

EBAY US Equity EBAY ORD SHARES EQ 3,387.00 30.64 103,777.68 0.24 0.09 0.15 (0.35) (0.85)

EI FP Equity ESSILOR INTERNATIONAL EQ 13,792.67 110.25 1,627,542.99 3.72 1.50 2.22 1.72 1.22

ELG GY Equity ELMOS SEMICONDUC EQ - 14.77 0.05 - - - - -

FEYE US Equity FIREEYE INC EQ 8,000.00 13.04 104,320.00 0.24 0.50 (0.26) (0.24) (0.74)

FLOW LN Equity FLOW GROUP PLC EQ (3,418,830.77) 0.07 (275,002.20) (0.63) (0.50) (0.13) (0.37) (0.87)

FRU GR Equity FERRATUM ORD SHS EQ 59,852.65 15.85 1,015,227.50 2.32 1.50 0.82 0.32 (0.18)

FVI GY Equity FAIR VALUE REIT EQ (184,957.02) 7.09 (1,403,334.88) (3.21) (1.50) (1.71) 1.21 0.71

GAM SM Equity GAMESA EQ (40,000.00) 19.24 (823,702.88) (1.88) (1.00) (0.88) 0.38 (0.12)

GBO LN Equity GLOBO PLC EQ (1,886,747.64) 0.30 (700,455.06) (1.60) (1.00) (0.60) 0.10 (0.40)

GWRE US Equity GUIDEWIRE SOFTWARE EQ 2,200.00 52.96 116,512.00 0.27 0.50 (0.23) (0.27) (0.77)

Benchmark Detail

Fund Name: Demo Date as on: 20/04/2016

Iden fier Stock Name Type Quan ty Current PriceMarket Exposure

(Base) % Exp of NAV % Benchmark % Difference% Warning Difference

% Ac on Difference

Generated On: 24/01/2017 16:40:31

2

NOT AN OFFICIAL STATEMENT. READ DISCLAIMER ON LAST PAGE.

HAWK LN Equity NIGHTHAWK ENERGY PLC EQ (15,872,994.44) 0.01 (253,392.51) (0.58) (1.00) 0.42 (0.08) (0.58)

HEIJM NA Equity HEIJMANS NV-CVA EQ (125,000.28) 6.48 (866,811.15) (1.98) (1.50) (0.48) (0.02) (0.52)

INTQ LN Equity INTERNETQ PLC EQ (322,547.58) 1.80 (718,474.74) (1.64) (1.50) (0.14) (0.36) (0.86)

INVN US Equity InvenSense Inc EQ 3,600.00 12.73 45,828.00 0.10 0.20 (0.10) (0.40) (0.90)

KBT LN Equity K3 BUSINESS TECHNOLOGY GROUP EQ 439,523.52 2.43 1,321,702.15 3.02 2.00 1.02 0.52 0.02

MARS LN Equity MARSTON'S PLC EQ (631,147.88) 1.36 (1,062,221.89) (2.43) (1.50) (0.93) 0.68 0.43

MKS LN Equity MARKS & SPENCER GROUP PLC EQ 180,888.41 3.37 754,820.22 1.73 1.50 0.23 (0.27) (0.77)

N US Equity NETSUITE EQ 401.00 109.90 44,069.90 0.10 0.04 0.06 (0.44) (0.94)

NEX FP Equity NEXANS SA EQ (42,863.01) 53.39 (2,449,334.57) (5.60) (2.00) (3.60) 3.10 2.60

OUT LN Equity OUTSOURCERY LTD EQ 4,651,200.00 0.04 230,234.40 0.53 1.50 (0.97) 0.47 (0.03)

PDG LN Equity PENDRAGON EQ 2,721,110.20 0.35 1,161,743.99 2.66 1.50 1.16 0.91 0.66

PLUS LN Equity PLUS 500 LTD EQ (133,265.82) 4.03 (663,788.73) (1.52) (1.00) (0.52) 0.02 (0.48)

QPP LN Equity QUINDELL PORTFOLIO PLC EQ 782,766.34 0.34 329,348.94 0.75 1.50 (0.75) 0.25 (0.25)

RNO FP Equity - EQ - - - - 2.50 - - -

SAFT FP Equity SAFT GROUPE SA EQ (42,134.78) 36.30 (1,637,015.84) (3.74) (1.50) (2.24) 1.74 1.24

SDF GY Equity KALI & SALZ AG (ORD) NPV EQ 51,159.63 23.68 1,296,351.90 2.96 2.00 0.96 0.46 (0.04)

SEAM SS Equity - EQ - - - - 5.00 - - -

SFQ GY Equity SAF-HOLLAND SA EQ (110,537.50) 14.38 (1,701,273.16) (3.89) (1.60) (2.29) 2.04 1.79

SHP LN Equity SHIRE LTD EQ (18,777.79) 43.93 (1,020,823.94) (2.33) (1.50) (0.83) 0.33 (0.17)

SK FP Equity SEB SA EQ (18,132.99) 116.05 (2,252,268.13) (5.15) (1.00) (4.15) 3.90 3.65

SMSN LI Equity SAMSUNG ELECTRONICS GDR REG S EQ 34.00 783.00 26,622.00 0.06 0.02 0.05 (0.45) (0.95)

SQS LN Equity SQS SOFTWARE QUALITY SYSTEMS EQ (160,048.64) 6.23 (1,233,915.00) (2.82) (1.50) (1.32) 0.82 0.32

SSPG LN Equity SSP GROUP EQ (335,211.53) 3.91 (1,621,962.89) (3.71) (1.50) (2.21) 1.71 1.21

SWVK GR Equity SOLARWORLD AG EQ 120,381.86 4.53 583,151.13 1.33 2.00 (0.67) 0.17 (0.33)

SZU GY Equity SUEDZUCKER AG EQ 111,193.17 24.77 2,947,878.93 6.74 1.50 5.24 4.74 4.24

TCM LN Equity TELIT COMMUNICATIONS EQ 429,678.20 2.80 1,488,834.95 3.40 2.00 1.40 0.90 0.40

ULVR LN Equity UNILEVER PLC EQ 34,865.67 33.61 1,450,145.87 3.32 1.00 2.32 1.82 1.32

VOD LN Equity Vodafone LN Equity EQ 1,178,718.00 2.06 3,005,576.19 6.87 - 6.87 6.37 5.87

Benchmark Detail

Fund Name: Demo Date as on: 20/04/2016

Iden fier Stock Name Type Quan ty Current PriceMarket Exposure

(Base) % Exp of NAV % Benchmark % Difference% Warning Difference

% Ac on Difference

Generated On: 24/01/2017 16:40:31

3

NOT AN OFFICIAL STATEMENT. READ DISCLAIMER ON LAST PAGE.

VOW GY Equity VOLKSWAGEN AG EQ 100.00 149.85 16,038.45 0.04 0.04 - (0.50) (1.00)

VTU LN Equity VERTU MOTORS PLC EQ 1,851,811.11 0.45 1,025,498.27 2.35 1.50 0.85 0.35 (0.15)

WDAY US Equity WORKDAY ORD SHARES EQ 2,150.00 81.78 175,827.00 0.40 0.17 0.23 (0.27) (0.77)

WEG1 GY Equity WESTGRUND AG EQ 294,985.60 6.35 2,005,157.33 4.59 1.00 3.59 3.09 2.59

WMH LN Equity WILLIAM HILL EQ 500.00 2.80 1,734.98 - - - (0.50) (1.00)

XLM LN Equity XL MEDIA EQ (4,000.00) 1.09 (5,395.50) (0.01) - (0.01) (0.49) (0.99)

YELP US Equity YELP ORD SHS CLASS A EQ 506.00 41.06 20,776.36 0.05 0.01 0.04 (0.46) (0.96)

YTY1V FH Equity YIT OYJ EQ 40,300.00 7.93 342,045.40 0.78 0.50 0.28 (0.22) (0.72)PRBANK 5.799 02/09/16 Corp

- FI - - - - 0.50 - - -

NQM5 Index - FU - - - - 7.00 - - -

NQZ5 Index NASDAQ 100 E-MINI Dec15 FU 7.00 4.73 (585,377.80) - - - - -

RTAM5 Index - FU - - - - 1.50 - - -

RTAZ5 Index Russell 2000 Mini Dec15 FU 11.00 50.00 (1,277,100.00) 0.13 - - - -

TPM5 Index - FU - - - - 0.50 - - -

TPU6 COMB Index TOPIX INDX FUTR Sep16 FU 3.00 9.27 (369,216.26) 0.01 - - - -

VGM5 Index - FU - - - - 0.25 - - -

VGZ5 Index EURO STOXX 50 Dec15 FU 6.00 100.00 (197,341.91) 0.01 - - - -

GBP UK POUND STERLING FWD 2,000,000.00 1.00 9,135.80 5.65 - - - -HAWKB1 US 01/15/16 P32 Equity

- OP - - - - 0.06 - - -

INVN US 06/19/15 C17 Equity

- OP - - - - - - - -

NIFTY 05/28/15 P8000 Index

- OP - - - - - - - -

43,728,715.77 110.57

Benchmark Detail

Fund Name: Demo Date as on: 20/04/2016

Iden fier Stock Name Type Quan ty Current PriceMarket Exposure

(Base) % Exp of NAV % Benchmark % Difference% Warning Difference

% Ac on Difference

Generated On: 24/01/2017 16:40:31

4

NOT AN OFFICIAL STATEMENT. READ DISCLAIMER ON LAST PAGE.

- Holding is not close to the benchmark but within the warning tolerance

- Holding is too far from the benchmark, action is needed

- Holding is close to the benchmark (within accepted tolerance)

Benchmark Detail

Fund Name: Demo Date as on: 20/04/2016

Iden fier Stock Name Type Quan ty Current PriceMarket Exposure

(Base) % Exp of NAV % Benchmark % Difference% Warning Difference

% Ac on Difference

Generated On: 24/01/2017 16:40:31

5

The information herein is considered to be reliable but cannot be guaranteed. In the event of a conflict between the information herein and the information set forth in your trade confirmations or monthly statements of account, the latter shall control. Nothing herein shall be considered legal or tax advice and you should consult your own advisor.