THAI FOCUSED EQUITY FUND

Figures are net after paying 1% annual management fee and 20% profit sharing.

Monthly Performance

DATE

in Quest

4/25/90

4/30/90

-7.4%

5/31/90

8.2%

6/30/90

2.3%

7/31/90

2.9%

8/31/90

-12.8%

9/30/90

-15.4%

10/30/90

12.5%

11/30/90

-18.0%

12/31/90

18.5%

1/31/91

10.2%

2/28/91

6.0%

3/31/91

1.2%

4/30/91

12.4%

5/31/91

-7.1%

6/30/91

-2.1%

7/31/91

9.1%

8/31/91

-3.3%

9/30/91

-3.0%

10/30/91

1.9%

11/30/91

1.5%

12/31/91

7.1%

1/31/92

5.7%

2/28/92

7.5%

3/31/92

-1.6%

4/30/92

11.5%

5/31/92

-8.9%

6/30/92

-2.5%

7/31/92

11.9%

8/31/92

13.0%

9/30/92

14.1%

10/31/92

7.2%

11/30/92

-3.0%

12/31/92

2.6%

1/31/93

4.2%

2/28/93

-8.3%

3/31/93

2.8%

4/30/93

-3.8%

5/31/93

2.0%

6/30/93

3.9%

7/31/93

-1.8%

8/31/93

-0.2%

9/30/93

19.4%

10/31/93

44.6%

11/30/93

7.3%

12/31/93

38.1%

1/31/94

0.6%

2/28/94

14.3%

3/31/94

-14.7%

4/30/94

5.7%

5/31/94

2.7%

6/30/94

2.6%

7/31/94

-3.8%

8/31/94

8.2%

9/30/94

0.4%

10/31/94

-5.0%

11/30/94

-8.7%

12/30/94

0.8%

1/31/95

-9.8%

2/28/95

6.0%

3/31/95

-1.8%

4/28/95

-1.0%

5/31/95

15.7%

6/30/95

1.8%

7/31/95

-0.7%

8/31/95

-2.7%

9/30/95

-2.1%

10/31/95

-4.2%

11/30/95

-0.4%

12/29/95

5.8%

1/31/96

12.2%

2/28/96

1.9%

3/29/96

-2.4%

4/30/96

-3.3%

5/30/96

2.1%

6/28/96

-2.1%

7/31/96

-11.4%

8/30/96

2.9%

9/30/96

-0.7%

10/31/96

-24.8%

11/29/96

2.1%

12/30/96

-6.8%

1/31/97

-2.2%

2/28/97

-4.7%

3/30/97

-0.7%

4/30/97

1.4%

5/30/97

5.1%

6/30/97

4.9%

7/31/97

-1.5%

8/31/97

-2.6%

9/30/97

2.6%

10/30/97

6.6%

11/28/97

2.7%

12/31/97

-8.1%

1/30/98

19.0%

2/28/98

46.1%

3/31/98

-4.9%

4/30/98

-3.7%

5/30/98

-4.1%

6/30/98

-3.8%

7/31/98

-3.6%

8/31/98

-0.7%

9/30/98

5.0%

10/30/98

0.6%

11/30/98

-10.4%

12/31/98

1.6%

1/30/99

-7.4%

2/28/99

-9.9%

3/31/99

-7.4%

4/30/99

12.2%

5/30/99

4.5%

6/30/99

57.5%

7/31/99

-8.6%

8/31/99

-1.1%

9/30/99

-4.9%

10/31/99

2.8%

11/30/99

-3.7%

12/30/99

9.9%

1/31/00

-4.1%

2/29/00

-8.7%

3/31/00

19.9%

4/30/00

0.5%

5/31/00

-9.9%

6/30/00

2.4%

7/31/00

-9.5%

8/31/00

4.4%

9/29/00

-6.4%

10/31/00

-7.0%

11/30/00

1.9%

12/31/00

-4.0%

1/31/01

9.4%

2/28/01

-3.8%

3/30/01

-9.1%

4/30/01

-1.1%

5/30/01

10.1%

6/30/01

5.7%

7/31/01

-6.2%

8/31/01 15.9%
9/28/01 -12.4%
10/31/01 -1.9%
11/30/01 10.0%
12/28/01 -0.1%
1/31/02 10.9%
2/28/02 8.3%
3/29/02 3.6%
4/30/02 -0.5%
5/31/02 9.9%
6/28/02 -2.2%
7/31/02 -2.8%
8/30/02 -1.4%
9/30/02 -5.3%
10/31/02 3.6%
11/29/02 0.2%
12/27/02 1.6%
1/31/03 0.3%
2/28/03 -1.4%
3/31/03 1.1%
4/30/03 4.3%
5/30/03 11.4%
6/30/03 9.9%
7/31/03 6.3%
8/29/03 16.6%
9/30/03 16.9%
10/31/03 16.7%
11/28/03 3.2%
12/31/03 13.0%
1/30/04 0.9%
2/27/04 3.1%
3/31/04 -8.8%
4/30/04 -5.5%
5/31/04 -0.9%
6/30/04 1.2%
7/30/04 -1.7%
8/31/04 0.9%
9/30/04 7.7%
10/29/04 -5.8%
11/30/04 11.0%
12/30/04 -0.6%
1/31/05 5.3%
2/28/05 5.2%
3/31/05 -6.1%
4/29/05 -1.8%
5/31/05 -4.5%
6/30/05 -1.8%
7/29/05 -1.9%
8/31/05 1.5%
9/30/05 2.7%
10/31/05 -3.7%
11/30/05 -5.9%
12/30/05 2.1%
1/31/06         4.3%
2/28/06 -1.1%
3/31/06 1.9%
4/28/06 5.3%
5/31/06 -9.0%
6/30/06   -8.1%
7/31/06 2.6%
8/31/06 2.7%
9/30/06 1.6%
10/31/06 6.0%
11/30/06 6.6%
12/30/06 -5.4%
1/31/07 -6.3%
2/28/07 7.2%
3/31/07 2.4%
4/30/07 5.9%
5/31/07 4.9%
6/30/07 11.6%
7/31/07 11.6%
8/31/07 -4.8%
9/30/07 4.7%
10/31/07 6.6%
11/30/07 -5.2%
12/31/07 -1.5%
1/31/08 -8.5%
2/29/08 9.3%
3/31/08 -3.5%
4/30/08 2.4%
5/30/08 1.8%
6/30/08 -7.2%
7/31/08 -4.8%
8/29/08 -6.4%
9/30/08 -12.1%
10/31/08 -16.2%
11/28/08 -2.3%
12/30/08 -2.5%
1/30/09 1.4%
2/27/09 -0.8%
3/31/09 -2.4%
4/30/09 3.4%
5/29/09 6.6%
6/30/09 -4.4%
7/31/09 5.3%
8/31/09 4.5%
9/30/09 8.0%
10/31/09 -0.1%
11/30/09 -0.7%
12/30/09 7.7%
1/29/10 -5.4%
2/26/10 5.8%
3/31/10 16.2%
4/30/10 -3.5%
5/31/10 -3.2%
6/30/10 14.6%
7/31/10 6.1%
8/31/10 10.4%
9/30/10 8.8%
10/31/10 5.8%
11/30/10 14.4%
12/31/10 1.8%
1/31/11 -13.8%
2/28/11 -2.1%
3/31/11 11.3%
4/30/11 3.1%
5/31/11 -6.3%
6/30/11 -2.7%
7/31/11 8.2%
8/31/11 -9.4%
9/30/11 -13.5%
10/31/11 0.0%
11/30/11 -1.1%
12/31/11 -1.7%
1/31/12 11.8%
2/29/12 8.7%
3/31/12 0.9%
4/30/12 0.4%
5/31/12 -12.0%
6/29/12 1.7%
7/31/12 3.5%
8/31/12 0.8%
9/28/12 11.4%
10/31/12 6.8%
11/30/12 6.3%
12/28/12 2.6%
1/31/13 10.7%
2/28/13 15.1%
3/29/13 12.1%
4/30/13 0.5%
5/31/13 -3.2%
6/28/13 -16.7%
7/31/13 -6.2%
8/31/13 -10.0%
9/30/13 9.4%
10/31/13 3.3%
11/29/13 -7.5%
12/27/13 -7.5%
1/31/14 -0.1%
2/28/14 7.1%
3/31/14 2.5%
4/30/14 2.2%
5/31/14 1.2%
6/30/14 1.6%
7/31/14 -0.7%
8/29/14 4.1%
9/30/14 1.3%
10/31/14 -0.5%
11/28/14 2.0%
12/30/14 -4.0%
1/30/15 4.3%
2/28/15 1.6%
3/31/15 -4.0%
4/30/15 0.8%
5/29/15 -1.5%
6/30/15 1.3%
7/31/15 -4.8%
8/31/15 1.8%
9/30/15 -0.4%
10/31/15 1.0%
11/30/15 2.7%
12/30/15 -1.4%
1/29/16 -0.6%
2/29/16 -1.8%
3/31/16 3.6%
4/29/16 4.0%
5/31/16 5.4%
6/30/16 8.4%
7/29/16 9.0%
8/31/16 2.4%
9/30/16 -7.7%
10/31/16 9.4%
11/30/16 10.0%
12/30/16 1.5%
1/31/17 2.0%
2/28/17 -3.4%
3/31/17 -34.7%
4/28/17 2.7%
5/31/17 -1.2%
6/30/17 0.5%
7/31/17 -1.3%
8/31/17 -1.3%