FPA International Value Fund

Class Other (FPIVX)

Fund Holdings

Asset Allocation

% Long % Short % Net
Cash 37.0 0.3 36.71
Stocks 2.05 0.0 2.05
Bonds 0.0 0.0 0.0
Other 0.0 0.0 0.0
Foreign Bonds 0.0 0.0 0.0
Foreign Stocks 61.24 0.0 61.24
Convertible 0.0 0.0 0.0
Preferred 0.0 0.0 0.0

Updated 12.31.2013

Top 10 Holdings

Performance as of 02.28.2014

Portfolio as of 12.31.2013

Ticker YTD Return % % Net Assets
Aggreko PLC ARGKF -8.45 6.78
Incitec Pivot Limited ICPVF 8.51 6.35
Atea ASA ATAZF 12.65 5.7
Fugro FURGF -11.02 5.48
Sap AG SAP --- 4.72
Danone GPDNF -5.39 4.65
GUD Holdings Limited GUDHF --- 4.6
G4S PLC GFSZF -8.0 4.06
Taiwan Semiconductor Manufacturing Co Ltd ADR TSM 3.38 3.84
Brambles Ltd BMBLF -8.55 3.01