The document details the performance track record of the Argie Bond Quant fund since its inception on December 07, 2011, highlighting annualized returns, risks, and volatility metrics up to September 10, 2014. It indicates a total net return to investors, with proforma calculations provided until August 07, 2014, after which actual audited figures apply. The document is informational and does not serve as investment advice or an advertisement.

1. Argie Bond Quant track record
Return
Since inception 12/07/2011 (2,76 years)
Annualized
Year 2012
Year 2013
Year to date
Month to date
Week to date
Last day 09/10/2014
Best day
Worst day
Risk
Annualized volatility
VaR1% 1 day
Maximum drawdown (27 trading days to the bottom, 15 to recover)
Risk-adjusted
Sharpe ratio (Risk free rate 17,59%)
Class B1/
141,71%
37,71%
32,10%
40,45%
26,97%
4,00%
4,00%
-0,25%
6,75%
-5,55%
13,62%
-2,14%
-6,99%
1,48
1/ Net return to investors. The period between inception date and 07/08/2014 presents a proforma calculation based
on managed accounts. From that date onwards actual audited figures are available.
This document is for information purposes only. This document is not an advertisement and the information contained herein does not constitute
investment advice, an offer to sell, or the solicitation of any offer to buy any securities. Past performance is not an indication of future results.

2. Argie Bond Quant track record
Daily data Inception date 12/07/2011 =0,4500
1,20
1,10
1,00
0,90
0,80
0,70
0,60
0,50
0,40
D
____
E
2012
F M A M J J A S O N D E
F M A M J J A S O N D E
2013
F M A M J J A S
2014
Maximum drawdown Recovery Argie Bond Quant
The period between inception date and 07/08/2014 presents a proforma calculation based
on managed accounts. From that date onwards actual audited figures are available.

3. Argie Bond Quant track record
J F M A M J J A S* O N D Year
2011 2,60% 2,60%
2012 3,92% 3,05% 2,58% 0,50% -2,11% 4,23% 4,55% 0,94% 4,05% -1,45% 2,48% 5,75% 32,10%
2013 5,71% -3,57% 6,81% 6,16% -2,54% -0,68% 5,78% 2,26% 7,55% 8,06% -1,13% 1,01% 40,45%
2014 8,43% 1,41% 0,61% 0,90% 2,67% -0,90% 1,75% 5,64% 4,00% 26,97%
* as of 09/10/2014