vg. 2014 Commodity/Global 2.97% ANDURAND COMMODITIES FUND 31 Jan 13 M $280M 1.002.92 31 Mar (0.08%) 0.92% 25.02% 22.15% 17.07% (11.86%) Pierre Andurand Mar 14 14 Jul 13 - Dec 13 ARMAJARO COMMODITIES FUND CLASS •A• 31 Mar 04 M $686M 231.59 02 May 0.37% (0.12%) 1.04% 1.65% -7.11% 8.68%