| FUND PORTFOLIO | |
| as of July 31, 2010 | |
| Sector | Portfolio (%) |
| Banks/Sec. Cos | 9.9% |
| Electronics/Telecomm | 10.5% |
| Energy | 6.5% |
| Petrochems | 30.4% |
| Manufacturing | 14.1% |
| Property | 19.9% |
| Misc. | 0.7% |
|
Subtotal |
92.1% |
| Future SET50 Long Notional (10%) | 0.0% |
| Cash | 7.9% |
Total |
100.0% |
| NAV= | $136,154,930 |
| GrossAV/ A Share = | $668.0564 |
| NAV / A Share = | $664.7350 |