Strategic Latin America Fund

Class A (SLATX)

Fund Holdings

Asset Allocation

% Long % Short % Net
Cash 11.08 0.0 11.08
Stocks 8.4 0.0 8.4
Bonds 8.74 0.0 8.74
Other 1.36 0.0 1.36
Foreign Bonds 47.38 0.0 47.38
Foreign Stocks 24.01 1.48 22.53
Convertible 0.0 0.0 0.0
Preferred 0.52 0.0 0.52

Updated 12.31.2012

Top 10 Holdings

Performance as of 04.30.2013

Portfolio as of 12.31.2012

Ticker YTD Return % % Net Assets
Financiera Ind Sab De Cv 10% --- --- 4.8
Cemex Fin 9.5% --- --- 4.75
Buenaventura Mining Company Inc. ADR BVN -42.29 4.35
Jbs S A 10.5% --- --- 4.15
Homex Development Corp. ADR HXM -60.18 4.03
Chivor Sa E S P 9.75% --- --- 3.06
Alestra S De R L De C V 11.75% --- --- 3.05
America Movil, S.A.B. de C.V. ADR AMX -10.11 2.57
Controladora Mabe 6.5% --- --- 2.52
Bank of America Corporation BAC 4.65 2.5
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