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Portfolio Holdings (continued) U.S. DOLLARS (continued) Date Acquired Quantity Unit Cost Cost Basis Market Price Market Value Unrealized Gain/ Loss Estimated Estimated Annual Income Yield Equities (continued) Preferred Stocks (continued) ROYAL BANK SCOTLAND GROUP PLC SPON ADR (continued) Total Noncovered 120,000.000 2,924,400.00 3,081,600.00 157,200.00 217,500.00 Total 120 000.000 $2 924 400.00 $3 081 600.00 $151,200.00 $217.500.00 Total Preferred Stocks $7,320,391.11 $8,685,974.00 $1,365,582.89 $649,025.00 Options CALL 100 AMERICAN AIRLS GROUP INC COM Option Identifier: EXP 01-17-150 20.000 OPTION ROOT: AAL Underlying Security Identifier: ML 1,000.00 of these contracts are in your margin account Underlying Security Price: $38.88 12/11113' 1,000.000 8.0330 803,314.50 18.6400 1,864,000.00 1.060,685 50 PUT 100 AMERICAN AIRLS GROUP INC COM Option Identifier: 01-17-15@ 20.000 OPTION ROOT: ML Underlying Security Identifier: ML -1,000.00 of these contracts are a short positron Underlying Security Price: 538.88 12/11113' 1,000.000 1.9770 -197,702.00 0 0300 -3.000.00 194,702.00 Total Options $605,612.50 $1,861,000.00 $1,255,387.50 $0.00 Total Equities $34,388,849.20 $38,678,631.25 $4,289,782.05 $1,882,282.03 Unrealized Estimated Estimated Date Acquired Quantity Unit Cost COI Basis Market Price Market Value Gain/ Loss An n u al Income Yield Exchange-Traded Products WISDOM TREE TR JAPAN HEDGED EQUITY FD Dividend Option: Cash: Capital Gains Option: Cash 60,000.00 of these shares are in your margin account 12/11/13 60.000.000 49.4350 Total Exchange-Traded Products Security Identifier DXJ CU SIP: 2.966.098.50 49.8800 2,992,800.00 26.70150 55,004.40 1.83% $2,966,098.50 Cost Basis $2,992,800.00 Market Value $26,701.50 Unrealized Gain/ Loss Awued Interest $55,004.40 Estimated Annual Income Total U.S. DOLLARS EURO Description $96,388,518.56 Quantity Opening Balance $10

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