1
........................................................................................................................................ 3
........................................................................................................................................ 3
............................................................................................................................... 7
......................................................................................................................... 12
......................................................................................................................... 26
......................................................................................................................... 27
......................................................................................... 35
.................................................................................... 38
........................................................................................................... 38
........................................................................................................... 49
.................................................................................................................... 52
........................................................................................................... 53
........................................................................................................... 57
...................................................................................................... 58
........................................................................................................... 59
....................................................................... 63
.................................................................................................................... 66
................................................................................................................ 70
.................................................................................................. 79
......................................................................................... 96
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......................................................................... 112
.................................................................................................... 113
.................................................................................................................. 113
2
3
4
,
5
T
6
T+n
T
n
T
1
1
2
7
3
2
1
2
3
1
2
8
3
4
5
1
2
3
9
4
5
,
,
6
“
”
7
8
1
10
2
3
9
,
,
10
11
60
-95
5
-40
5%
80%
1
2
3
GICS
12
1
1
13
2
P/B ratio
P/E ratio
(P/CE
ratio)
Dividend Yield
Price yield
3
/
4
2
14
3
HSBC Mining, Gold and Energy Index
2007
3
31
41
771
4.8
%
109
15578
32.45
612
17520
36.5
50
14904
31.05
771
48002
100
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(
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197
25.55
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26.2
197
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67
8.69
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15
88
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12
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16
2.08
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3.84
26
3.37
984
2.05
5
0.65
974.4
2.03
4
0.52
734.4
1.53
26
3.37
552
1.15
133
17.25
5118.8
10.66
771
100
48002
100
HSBC
2011
3
31
1
16
2
3
1
2
3
/
4
5
17
4
Tracking
Error
Standard Deviation
Barra Aegis
MFM
1
(1)
20%
(2)
10%
(3)
18
10%
3%
(4)
10%
(5)
10%
(6)
20
(7)
10%
(8)
60
-95
5
-40
5%
(9)
100
(10)
10
(11)
(a)
(b)
(c)
19
20%
(12)
1 — 8
30
6
10
10
30
3
1
2
3
4
5
10%
6
20
7
8
9
10
11
12
13
14
15
16.
17
6
21
30
1
2
1
%
1
47,679,261.66
83.03
47,679,261.66
83.03
-
-
-
-
-
-
2
857,289.65
1.49
3
-
-
-
-
-
-
4
-
-
-
-
-
-
-
-
-
-
5
-
-
22
-
-
6
-
-
7
7,771,746.96
13.53
8
1,115,928.26
1.94
9
57,424,226.53
100.00
2
(
)
15,212,903.41
26.73
10,762,337.65
18.91
10,588,393.70
18.61
8,940,924.64
15.71
926,491.32
1.63
898,000.16
1.58
350,210.78
0.62
47,679,261.66
83.79
3
31,797,782.43
55.88
15,881,479.23
27.91
23
47,679,261.66
83.79
4
)
Peabod
y
1
-
BTU US
13,554
2,267,003.48
3.98
Energy
Corp
Kinross
2
Gold
-
K CN
34,733
2,118,023.36
3.72
Corp
Teck
3
Resourc
-
TCK/B CN
8,611
1,965,048.23
3.45
es Ltd
Royal
Dutch
4
RDSB LN
8,868
1,959,862.81
3.44
Shell
plc
Freepor
t-McMo
Ran
5
-
FCX US
9,073
1,950,369.28
3.43
Copper
& Gold
Inc
6
BP plc
-
BP/ LN
40,845
1,763,047.99
3.10
Glencor
7
e Intl
-
GLEN LN
38,540
1,375,721.69
2.42
plc
Canadia
n
8
Natural
-
CNQ CN
7,401
1,338,057.39
2.35
Resourc
es Ltd
24
Aurora
9
Oil &
-
AUT AU
51,287
1,214,883.90
2.13
Gas Ltd
Resolut
e
108,34
10
-
RSG AU
1,159,486.14
2.04
Mining
3
Ltd
5
6
7
8
9
(%)
ETFS
ETF
1
Physical
ETF
ETF
Securities
857,289.65
1.51
Platinum
Ltd
10
25
10.1
10.2
10.3
1
-
2
-
3
34,801.40
4
970.23
5
1,080,156.63
6
-
7
-
8
-
9
1,115,928.26
10.4
10.5
10.6
26
-1.70%
1.08%
-3.75%
1.20%
2.05%
-0.12%
99
20
99
20
2004
5
12
51%
JPMorgan Asset Management (UK) Limited
49%
[2004]56
2004
5
12
2005
8
12
67
33
51%
49%
2006
6
6
“
”
“
”
2006
4
29
2006
6
2
2009
3
31
2009
3
31
(
)
27
1.
28
29
30
3
31
4
5
6
7
8
9
10
11
12
1
2
3
1
2
3
4
5
6
7
8
4
32
1
2
3
4
5
6
7
8
9
10
5
(1)
(2)
(3)
(4)
1
1
2
3
33
4
5
2
1
2
3
4
3
1
2
4
1
2
3
34
4
5
6
1
(
)
(JP Morgan Asset Management (UK)
35
Co., Ltd.)
25 Bank Street Canary Wharf London E14 5JP
125 London Wall, London, EC2Y 5AJ
Finsbury Dials, 20 Finsbury Street, London EC2Y 9AQ
Martin Porter
1974
2
27
1,601
2010
12
31
Neil Gregson
44 020 7742 6000
3,000
(
)
SICAVs
OEICs
JF
2
Neil Gregson,
Neil 2010
CQS
Neil
Neil
Neil
1
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(
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]
[
1
]
36
[
1
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]
[1964
10
16
]
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[
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[852-3982-3753]
(
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1964
2001
10
1
(
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2001
2
2002
7
25
2002
12
2
2011
12
31
2,157.3
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2011
12
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31
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50
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2012
2
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2012
3
21
2012
3
26
38
1
4
6
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1 “
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1
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3
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T+1
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3
4
4
5
43
1
2
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2
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3
3
T
2
4
3
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1
2
10
44
3
4
1
1
2
3
4
5
6
7
45
8
9
10
1
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2
1
2
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4
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3
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51
1
2
3
4
5
6
52
7
T+1
1
1
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53
2
1
2
3
1
2
4
5
1
2
6
54
7
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1-6
8
9
1
2
55
3
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2
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3
1
7
2
3
56
1
2
3
4
5
15
57
6
4
25
7
1
2
[
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1
1
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31
2
58
3
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59
6
45
15
T+2
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2
60
1
2
3
1
2
3
4
5
6
61
7
8
9
50
10
30
11
12
13
14
15
16
17
0.5%
18
19
20
21
22
23
62
24
25
26
27
28
1
63
2
3
1
2
3
1
2
1
2
64
3
3
1
2
3
4
5
6
7
8
4
5
1
2
3
65
4
1
2
3
6
7
66
67
68
69
1
2
70
71
72
73
74
75
76
77
78
1
2
1
2
3
4
5
,
6
7
8
3
1
79
2
3
4
5
6
7
8
1
1
2
3
4
5
6
80
7
8
9
10
11
12
13
14
15
16
17
81
18
19
20
2
1
2
3
4
5
6
7
8
9
82
10
11
12
13
14
15
16
17
18
19
20
21
83
22
23
1
1
2
3
4
5
6
7
2
1
2
3
4
84
5
6
7
8
9
10
11
12
13
14
15
16
17
85
18
19
20
21
1
1
2
3
4
5
6
7
8
9
10
86
2
1
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4)
5)
6)
3
1
2
3
87
4
5
6
4
30
1
2
3
4
5
88
6
5
1
2
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1
2
89
3
50%
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4
5
(
25
)
6
1
1
2
10%
3
a
b
90
4
10%
5
2
7
1
2
1
2
91
3
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1
1
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)
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3
92
4
2
3
1
2
93
3
1
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1
2
1
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94
3
1
2
3
4
5
6
7
8
4
5
1
2
3
4
1
2
3
95
6
7
60
1
99
20
96
2004
5
12
2004 56
2.5
2
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”
1
1
1983
10
31
1998
24
010
66594909
97
1
60
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5
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1
2
3
GICS
98
2
(1)
20%
(2)
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(3)
10%
3%
(4)
10%
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99
(6)
20
(7)
10%
(8)
60
-95
5
-40
5%
(9)
100
(10)
10
(11)
(a)
(b)
(c)
20%
(12)
100
1
—
8
30
6
10
10
30
3
3
4
5
6
101
(
)
1
102
2
3
1
1
2
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3
3
4
5
103
6
7
2
1
“
”
2
2
2
3
3
1
2
3
104
4
4
1
2
3
4
5
5
1
2
6
105
7
30
20
1
0.001
2
15
106
00
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3
4
5
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6
,
7
107
8
9
1
2
3
45
10
15
40
60
60
108
90
5
15
25
1
109
2
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5
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110
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1.
2.
400 889 4888
www.51fund.com
(www.51fund.com)
112
1
2
3
4
5
6
7
2013
5
113
