| OVERALL PORTFOLIO COMPOSITION (%) | |
| TOP 10 HOLDINGS ( 17.35% OF TOTAL ASSETS) | |
| Company | Symbol | % Assets | | BANCOLOMBIA SA | CIB | 1.41 | | BT Group PLC | N/A | 1.23 | | CANADIAN NAT RES | CNQ | 1.2 | | ENERPLUS RES FD | ERF | 3.02 | | HSBC HOLDINGS PLC | HSBA | 1.15 | | LADBROKES | LAD.L | 1.65 | | NEXEN INC | NXY | 1.15 | | PENN WEST ENERGY TRU | PWE | 3.39 | | Southeast Airport Group ADR | N/A | 1.72 | | Telecommunications of Sao Paulo ADR | N/A | 1.43 |
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| Ratio | HGI | | Average Price/Earnings | 14.70 | | Average Price/Book | 1.48 | | Average Price/Sales | 0.83 | | Average Price/Cashflow | 4.90 |
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| Sector | | HGI | | Software | | 1.65 | | Industrial Materials | | 10.39 | | Energy | | 17.21 | | Utilities | | 4.89 | | Hardware | | 2.79 | | Media | | 1.69 | | Telecommunication | | 12.07 | | Healthcare | | 5.72 | | Consumer Services | | 4.64 | | Business Services | | 4.7 | | Financial Services | | 10.27 | | Consumer Goods | | 15.38 |
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