Ann: Net Tangible Asset Backing, page-4

Managing Director and Chief Investment Officer, Stuart McAuliffe said, "A number of investors have contacted us regarding our Market Outlook released on 14 March 2017, given the 4% rally in Chinese stocks and 3% rallies in the Mexican Peso and the Euro. We were fully invested in the positions stated and have profited significantly. As a general rule, we put our money where our mouth is.

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