CityandCountyofSwansea Aggregate MonthlyReports · PDF file6,592,003 Vodafone Group Ord USD0.2095238 2.30 GBP 15,151,718.90 9,899,838.01 739,623 3.29 1.03 Utilities 9,125,741.44 11,496,541.16

RESTRICTED - HSBC Fund Services

City and County of Swansea

Aggregate

Monthly Reports

01/06/15 - 30/06/15

27-Jul-2015 SWA aggregate global2 SWAAGGREGATE2 GP_DVAL104:17pm

CITY AND COUNTY OF SWANSEA VALUATION SUMMARY Page 1SWA aggregate global2 30-Jun-2015

Mkt Value Book Cost Annual Income(GBP) (GBP) (GBP) %Fund

Total Fund 1,464,276,603.72 1,116,489,522.33 33,890,338 100.00

UK EQUITIES & CONVERTIBLES 460,191,889.46 363,302,696.78 13,128,990 31.43

OVERSEAS EQUITIES & CONVERTIBLES 510,325,875.69 447,648,748.15 20,761,348 34.85

OVERSEAS BONDS 931,560.05 794,130.61 0.06

CASH 43,242,340.42 43,242,340.42 2.95

OTHER INVESTMENTS 2,358,450.31 2,358,450.31 0.16

UK INS/PROPERTY 443,676,476.47 256,415,547.26 30.30

PROPERTY UNIT TRUST 3,550,011.32 2,727,608.80 0.24


CITY AND COUNTY OF SWANSEA VALUATION REPORT Page 2SWA aggregate global2 UK EQUITIES & CONVERTIBLES 30-Jun-2015

Mkt Value Book Cost Annual IncomeHolding Stock Description Price Curr (GBP) (GBP) (GBP)%Report %Fund

TOTAL UK EQUITIES & CONVERTIBLES 460,191,889.46 363,302,696.78 13,128,990 100.00 31.43 Oil & Gas 43,698,452.80 44,075,221.32 1,930,861 9.50 2.98 Oil & Gas Producers 38,730,704.80 38,824,587.93 1,796,082 8.42 2.65

1,383,200 BG Group Ord GBP0.10 10.59 GBP 14,648,088.00 13,596,148.51 248,838 3.18 1.00 2,112,772 BP Plc Ord USD0.25 4.20 GBP 8,875,755.17 9,864,396.81 539,509 1.93 0.61

37,674 Royal Dutch Shell 'A' EUR0.07 17.87 GBP 673,046.01 772,752.80 42,662 0.15 0.05 133,700 Royal Dutch Shell 'A' EUR0.07 25.37 EUR 2,402,611.47 2,595,636.29 151,403 0.52 0.16 671,345 Royal Dutch Shell 'B' EUR0.07 18.07 GBP 12,131,204.15 11,995,653.52 813,670 2.64 0.83

Oil Equipment & Services 4,967,748.00 5,250,633.39 134,779 1.08 0.34

770,791 John Wood Group Ord GBP0.04285714 6.45 GBP 4,967,748.00 5,250,633.39 134,779 1.08 0.34 Basic Materials 20,281,527.18 23,869,864.42 1,160,197 4.41 1.39 Mining 20,281,527.18 23,869,864.42 1,160,197 4.41 1.39

789,612 BHP Billiton Ord GBP0.50 12.49 GBP 9,862,253.88 12,031,997.77 622,572 2.14 0.67 398,595 Rio Tinto Ord GBP0.10 26.14 GBP 10,419,273.30 11,837,866.65 537,625 2.26 0.71

Industrials 31,350,043.93 21,491,792.30 498,442 6.81 2.14 Aerospace & Defence 13,080,115.54 7,947,392.14 78,485 2.84 0.89

1,569,708 Qinetiq Ord GBP0.01 2.24 GBP 3,519,285.34 2,380,968.69 78,485 0.76 0.24 163,678,440 Rolls Royce Holdings Plc Entitl NPV GBP 0.00 0.00 1,098,946 Rolls Royce Ord GBP0.2 8.70 GBP 9,560,830.20 5,566,423.45 2.08 0.65

Industrial Engineering 3,989,025.92 4,025,030.70 103,489 0.87 0.27

235,202 Weir Group Ord GBP0.125 16.96 GBP 3,989,025.92 4,025,030.70 103,489 0.87 0.27 Support Services 14,280,902.47 9,519,369.46 316,468 3.10 0.98

934,800 G4S Ord GBP0.25 2.69 GBP 2,510,872.80 2,363,616.47 86,376 0.55 0.17 4,310,412 Rentokil Initial Ord GBP0.01 1.48 GBP 6,375,099.35 3,848,543.69 111,640 1.39 0.44 2,692,081 SIG GBP 0.1 2.00 GBP 5,394,930.32 3,307,209.30 118,452 1.17 0.37




TOTAL UK EQUITIES & CONVERTIBLES 460,191,889.46 363,302,696.78 13,128,990 100.00 31.43 Consumer Goods 27,234,479.29 20,333,753.99 1,341,966 5.92 1.86 Food Producers 7,234,933.77 4,176,579.48 234,943 1.57 0.49

265,113 Unilever Ord GBP0.031 27.29 GBP 7,234,933.77 4,176,579.48 234,943 1.57 0.49 Leisure Goods 3,799,553.62 2,923,217.83 22,904 0.83 0.26

1,272,456 Pets At Home Group Plc WI Ord GBP0.01 2.99 GBP 3,799,553.62 2,923,217.83 22,904 0.83 0.26 Tobacco 16,199,991.90 13,233,956.68 1,084,119 3.52 1.11

123,911 British American Tobacco Ord GBP0.25 34.15 GBP 4,230,941.10 4,416,283.84 183,512 0.92 0.29 390,380 Imperial Tobacco Group Ord GBP0.10 30.66 GBP 11,969,050.80 8,817,672.84 900,607 2.60 0.82

Healthcare 26,296,955.24 22,332,726.93 1,396,024 5.71 1.80 Pharmaceuticals & Biotech. 26,296,955.24 22,332,726.93 1,396,024 5.71 1.80

299,209 AstraZeneca USD0.25 40.19 GBP 12,025,209.71 8,360,125.94 532,705 2.61 0.82 1,079,149 GlaxoSmithKline Ord GBP0.25 13.23 GBP 14,271,745.53 13,972,600.99 863,319 3.10 0.97

Consumer Services 60,195,374.47 41,417,275.63 1,604,269 13.08 4.11 Food & Drug Retailers 7,264,860.75 7,887,336.53 385,978 1.58 0.50

3,418,758 Tesco Ord GBP0.05 2.13 GBP 7,264,860.75 7,887,336.53 385,978 1.58 0.50 General Retailers 7,488,825.65 7,009,706.51 193,093 1.63 0.51

533,829 Halfords Group Ord GBP0.01 5.28 GBP 2,818,617.12 1,611,562.47 88,082 0.61 0.19 2,763,437 Home Retail Group GBP0.1 1.69 GBP 4,670,208.53 5,398,144.04 105,011 1.01 0.32

Media 32,182,409.72 17,830,558.70 826,076 6.99 2.20

761,719 Daily Mail & General Trust Ord NV GBP0.125 9.29 GBP 7,076,369.51 2,764,946.61 157,676 1.54 0.48 4,175,982 ITV Ord GBP0.10 2.63 GBP 10,995,360.61 4,110,097.89 196,271 2.39 0.75 567,586 Pearson Ord GBP0.25 12.05 GBP 6,839,411.30 6,869,508.81 289,469 1.49 0.47 702,538 Relx PLC Ord GBP0.14439 10.35 GBP 7,271,268.30 4,086,005.39 182,660 1.58 0.50




TOTAL UK EQUITIES & CONVERTIBLES 460,191,889.46 363,302,696.78 13,128,990 100.00 31.43 Consumer Services 60,195,374.47 41,417,275.63 1,604,269 13.08 4.11 Travel & Leisure 13,259,278.35 8,689,673.89 199,122 2.88 0.91

313,159 Carnival Ord USD1.66 32.48 GBP 10,171,404.32 5,651,221.86 199,122 2.21 0.69 2,583,995 FirstGroup Ord GBP0.05 1.20 GBP 3,087,874.03 3,038,452.03 0.67 0.21

Telecommunications 24,886,559.27 16,223,411.43 986,157 5.41 1.70 Fixed Line Telecommunications 9,734,840.37 6,323,573.42 246,534 2.12 0.66

2,162,577 BT Group Ord GBP0.05 4.50 GBP 9,734,840.37 6,323,573.42 246,534 2.12 0.66 Mobile Telecommunications 15,151,718.90 9,899,838.01 739,623 3.29 1.03

6,592,003 Vodafone Group Ord USD0.2095238 2.30 GBP 15,151,718.90 9,899,838.01 739,623 3.29 1.03 Utilities 9,125,741.44 11,496,541.16 429,295 1.98 0.62 Electricity 2,218,660.76 4,029,707.02 75,824 0.48 0.15

637,180 Drax Group Ord GBP0.11551 3.48 GBP 2,218,660.76 4,029,707.02 75,824 0.48 0.15 Gas Water & Multiutilities 6,907,080.68 7,466,834.14 353,471 1.50 0.47

2,618,302 Centrica Ord GBP0.061728 2.64 GBP 6,907,080.68 7,466,834.14 353,471 1.50 0.47 Financials 150,155,114.15 110,892,608.59 3,606,635 32.63 10.25 Banks 42,193,231.04 43,093,304.28 1,655,564 9.17 2.88

4,833,286 Barclays Ord GBP0.25 2.61 GBP 12,590,710.03 13,450,922.89 314,164 2.74 0.86 303,364 HSBC Holding USD0.50 (HK) 70.15 HKD 1,745,425.31 1,858,825.91 96,447 0.38 0.12

2,497,919 HSBC Holdings Ord USD0.50 5.70 GBP 14,240,636.22 15,088,016.04 794,150 3.09 0.97 7,325,230 Lloyds Banking Group Ord GBP0.1 0.85 GBP 6,243,293.53 4,997,215.38 54,939 1.36 0.43

723,924 Standard Chartered Ord USD0.50 10.19 GBP 7,373,165.95 7,698,324.06 395,864 1.60 0.50 Life Insurance 36,869,910.78 15,274,528.02 1,239,394 8.01 2.52

1,934,323 Aviva Ord GBP0.25 4.92 GBP 9,524,606.45 7,686,021.19 350,112 2.07 0.65




TOTAL UK EQUITIES & CONVERTIBLES 460,191,889.46 363,302,696.78 13,128,990 100.00 31.43 Financials 150,155,114.15 110,892,608.59 3,606,635 32.63 10.25 Life Insurance 36,869,910.78 15,274,528.02 1,239,394 8.01 2.52

4,383,296 Legal & General Ord GBP0.025 2.49 GBP 10,905,640.45 2,657,537.14 493,121 2.37 0.74 1,072,735 Prudential Ord GBP0.05 15.33 GBP 16,439,663.88 4,930,969.69 396,161 3.57 1.12

Financial Services 12,822,583.87 8,483,823.55 527,452 2.79 0.88

1,680,869 ICAP Ord GBP0.10 5.29 GBP 8,891,797.01 5,573,366.08 369,791 1.93 0.61 716,643 \\\Intm Capital Group Ord GBP0.20 5.49 GBP 3,930,786.86 2,910,457.47 157,661 0.85 0.27

Equity Investment Instruments 14,889,468.07 8,200,676.30 53,445 3.24 1.02

117,809.820 Legal & General Managed Property Fund 42.25 GBP 4,977,936.13 2,991,645.21 1.08 0.34 822,231 SVG Capital PLC GBP1 4.84 GBP 3,982,886.96 1,809,031.09 53,445 0.87 0.27

88,786.728 Standard Life Pooled Pension Property Fund 66.77 GBP 5,928,644.98 3,400,000.00 1.29 0.40 Non Equity Invest Instruments 43,379,920.39 35,840,276.44 130,780 9.43 2.96

401,278.937 Aviva Pooled Pensions Property Fund 13.16 GBP 5,280,830.81 3,799,999.99 1.15 0.36 3,664 Hercules Unit Trust 721.00 GBP 2,641,744.00 1,991,111.00 0.57 0.18

784.700 Local Retail Fund GBP 998.30 GBP 783,366.01 762,841.55 0.17 0.05 423.811 Multi Let Ind Prop Unit Trust 977.40 GBP 414,233.17 423,811.80 0.09 0.03

3,213.190 Real Income Fund A GBP 1,255.49 GBP 4,034,127.91 3,325,656.46 0.88 0.28

1,672,384.610 Schroder Instl UK Smaller Cos Inc 6.69 GBP 11,188,253.04 8,505,225.94 130,780 2.43 0.76 14,629,063.780 TA Liquidity Fund 1.09 GBP 15,929,880.13 15,686,136.80 3.46 1.09

1,183 Threadneedle Strategic Propery Fund IV Trust 137.84 GBP 163,064.72 0.04 0.01 3,598.480 West End Of London Property Unit Trust 818.24 GBP 2,944,420.60 1,345,492.90 0.64 0.20

Technology 8,323,610.57 3,798,221.36 175,144 1.81 0.57 Software & Computer Services 3,196,365.13 2,326,228.56 77,648 0.69 0.22

623,681 Sage Group Ord GBP0.0105195 5.13 GBP 3,196,365.13 2,326,228.56 77,648 0.69 0.22 Technology Hardware & Equip. 5,127,245.44 1,471,992.80 97,496 1.11 0.35

151,157 Spirax Sarco Engineering PLC Ord GBP0.269230769 33.92 GBP 5,127,245.44 1,471,992.80 97,496 1.11 0.35




TOTAL UK EQUITIES & CONVERTIBLES 460,191,889.46 363,302,696.78 13,128,990 100.00 31.43 Unclassified 58,644,031.12 47,371,279.65 12.74 4.00 Unclassified 58,644,031.12 47,371,279.65 12.74 4.00

7,280.580 IPIF Feeder Fund UT 761.99 GBP 5,547,692.75 3,453,162.58 1.21 0.38 143,343.056 Jubilee Absolute Return Fund GBP Class 175.26 GBP 25,122,377.39 18,000,000.00 5.46 1.72 25,143.817 Q-BLK ARS III Institutional Glob GBP Shs 14 Ser 1 1,065.81 GBP 26,798,418.77 25,143,817.24 5.82 1.83 1,111.130 Standard Life Investments Shopping Centre 1,057.97 GBP 1,175,542.21 774,299.83 0.26 0.08

TOTAL UK EQUITIES & CONVERTIBLES 460,191,889.46 363,302,696.78 13,128,990 100.00 31.43


CITY AND COUNTY OF SWANSEA VALUATION REPORT Page 7SWA aggregate global2 OVERSEAS EQUITIES & CONVERTIBLES 30-Jun-2015


TOTAL OVERSEAS EQUITIES & CONVERTIBLES 510,325,875.69 447,648,748.15 20,761,348 100.00 34.85 CONTINENTAL EUROPE 225,642,301.93 203,914,886.02 15,213,921 44.22 15.41

AUSTRIA 690,330.75 851,516.46 35,078 0.14 0.05

39,610 OMV NPV 24.60 EUR 690,330.75 851,516.46 35,078 0.14 0.05

BELGIUM 4,080,728.06 3,518,281.07 107,162 0.80 0.28

39,131 Ageas NPV (BRU) 34.55 EUR 957,825.22 881,130.21 32,228 0.19 0.07 21,173 Anheuser-Busch InBev 107.50 EUR 1,612,531.23 1,430,429.78 33,751 0.32 0.11 43,219 Bpost SA NPV 24.64 EUR 754,453.87 549,227.18 28,935 0.15 0.05 14,407 Delhaize EUR1 74.06 EUR 755,917.74 657,493.90 12,248 0.15 0.05

CHANNEL ISLANDS 13,746,078.22 12,035,141.36 13,201,654 2.69 0.94

10,000,000 ###Harbourvest Senior Loans Europe 0.27 GBP 2,650,000.00 3,325,000.00 117,000 0.52 0.18 118,273 Blackrock UK Property Fund 40.11 GBP 4,744,024.65 3,199,994.29 13,075,068 0.93 0.32

1,690,251.584 Schroder Offshore Cash Fund A GBP 1.80 GBP 3,040,864.02 3,036,966.96 0.60 0.21 64,989 Shire Ltd GBP0.05 50.95 GBP 3,311,189.55 2,473,180.11 9,586 0.65 0.23

DENMARK 1,739,460.29 1,207,675.11 34,509 0.34 0.12

44,080 Danske Bank DKK10 196.80 DKK 823,854.97 736,640.99 23,024 0.16 0.06 13,437 Pandora NPV 717.50 DKK 915,605.32 471,034.12 11,485 0.18 0.06

EUROLAND 6,156,080.98 9,054,953.74 1.21 0.42

10,394.165 Partners Group Global Real Estate 2008 SICAR 835.98 EUR 6,156,080.98 9,054,953.74 1.21 0.42

FINLAND 793,069.38 613,885.44 34,981 0.16 0.05

70,537 UPM-Kymmene NPV 15.87 EUR 793,069.38 613,885.44 34,981 0.16 0.05

FRANCE 12,591,263.95 11,611,823.20 360,551 2.47 0.86

76,637 Axa EUR2.29 22.63 EUR 1,228,412.87 951,363.34 51,580 0.24 0.08 26,396 BNP Paribas EUR2 54.15 EUR 1,012,637.14 993,450.42 28,051 0.20 0.07 13,830 Cap Gemini EUR8 79.37 EUR 777,670.87 608,044.54 11,758 0.15 0.05 29,500 Casino Guichard-P EUR1.53 67.95 EUR 1,420,132.11 1,770,599.68 65,207 0.28 0.10 100,797 Credit Agricole EUR3 13.34 EUR 952,265.17 947,229.15 24,994 0.19 0.07





FRANCE 12,591,263.95 11,611,823.20 360,551 2.47 0.86

92,092 ORANGE EUR4 13.81 EUR 901,016.73 941,079.24 39,146 0.18 0.06 14,325 Publicis Groupe EUR0.40 66.32 EUR 673,064.09 703,989.35 812 0.13 0.05 13,877 Renault EUR3.81 93.42 EUR 918,444.09 968,398.70 18,680 0.18 0.06 17,602 SR Teleperformance EUR2.50 63.36 EUR 790,122.55 604,133.94 11,473 0.15 0.05 26,730 Sanofi EUR2 XPAR 88.24 EUR 1,671,020.31 1,704,454.82 53,971 0.33 0.11

29,400 Schneider Elte SA EUR8 61.93 EUR 1,289,928.63 830,408.86 39,991 0.25 0.09 9,552 Valeo EUR3 141.35 EUR 956,549.39 588,671.16 14,888 0.19 0.07

GERMANY 7,637,209.91 6,642,263.79 109,857 1.50 0.52

17,311 Bayer NPV 125.95 EUR 1,544,676.71 1,054,202.95 27,594 0.30 0.11 6,068 Continental NPV 212.50 EUR 913,527.82 500,488.45 13,972 0.18 0.06 17,676 Fresenius Medical Care NPV 74.35 EUR 931,069.79 781,849.66 9,768 0.18 0.06 18,005 Heidelberg Zement NPV 71.35 EUR 910,131.98 817,403.61 9,567 0.18 0.06

24,854 Henkel Pref NPV 100.90 EUR 1,776,661.67 1,813,141.65 23,067 0.35 0.12 11,058 Merck KGAA NPV 89.48 EUR 701,002.93 789,225.34 7,834 0.14 0.05 28,317 Osram Licht AG Ord NPV 42.88 EUR 860,139.01 885,952.13 18,055 0.17 0.06

IRELAND 7,632,762.94 6,303,746.75 91,375 1.50 0.52

19,393 Accenture Com USD0.00002 96.76 USD 1,193,149.79 1,204,346.47 25,155 0.23 0.08 8,834 Allergan Plc USD0.0033 303.60 USD 1,705,349.02 1,208,594.71 0.33 0.12 24,145 Ingersoll-Rand Com USD2 67.41 USD 1,034,917.31 676,748.67 16,581 0.20 0.07 11,474 Mallinckrodt PLC - W/I Com USD0.20 117.67 USD 858,488.96 968,583.33 0.17 0.06 19,214 Medtronic Plc Com USD0.10 74.08 USD 905,050.63 566,317.95 15,821 0.18 0.06

130,156 Ryanair Holding EUR0.00635 (LSE) 11.81 EUR 1,089,008.73 967,437.48 19,249 0.21 0.07 35,800 XL Group Plc USD0.01 37.20 USD 846,798.50 711,718.14 14,569 0.17 0.06

ITALY 3,725,444.66 3,447,496.17 90,522 0.73 0.25

299,711 Enel EUR1 4.06 EUR 862,926.19 838,601.39 29,727 0.17 0.06 556,118 Intesa BCI EUR0.52 3.25 EUR 1,281,252.61 1,085,458.03 27,579 0.25 0.09 112,754 Mediobanca EUR0.50 8.80 EUR 702,562.67 724,055.19 11,982 0.14 0.05

1,089,890 Telecom Italia EUR0.55 1.14 EUR 878,703.19 799,381.56 21,234 0.17 0.06





LUXEMBOURG 130,408,593.57 121,671,930.15 92,741 25.55 8.91

30,062 Aperam NPV 36.05 EUR 767,786.39 459,986.31 14,336 0.15 0.05 951,961.558 Goldman Sachs Global LIBOR +2 Dist GBP Hedged 120.20 GBP 114,425,779.27 106,612,128.73 22.42 7.81 15,492.561 Partners Group Global Real Estate NPV 1,219.89 EUR 13,389,401.28 12,540,520.60 2.62 0.91

106,300 Tenaris ADR(V10 Ord) 27.01 USD 1,825,626.63 2,059,294.51 78,405 0.36 0.12

NETHERLANDS 5,627,383.08 4,496,823.27 82,804 1.10 0.38

108,302 ING Groep Certs EUR0.24 14.81 EUR 1,136,341.34 755,876.62 9,207 0.22 0.08 16,922 Lyondell Basell Industries NPV 103.47 USD 1,113,320.62 728,801.08 30,988 0.22 0.08 48,629 NN Group NV NPV 25.21 EUR 868,359.01 933,871.69 0.17 0.06 18,158 NXP Semiconductors NPV 98.19 USD 1,133,677.13 626,509.84 0.22 0.08 51,982 Unilever EUR0.16 37.36 EUR 1,375,684.98 1,451,764.04 42,609 0.27 0.09

NORWAY 1,607,654.63 1,682,660.49 66,919 0.32 0.11

70,748 Statoil NOK2.50 140.10 NOK 801,068.53 942,731.41 41,168 0.16 0.05 24,509 Yara International NOK1.7 407.20 NOK 806,586.10 739,929.08 25,751 0.16 0.06

SPAIN 2,656,098.63 2,238,771.90 76,944 0.52 0.18

386,743 Corporacion Mapfre R EUR0.5 3.09 EUR 845,542.92 937,438.30 38,359 0.17 0.06 72,363 Ferrovial SA EUR0.2 19.45 EUR 996,877.48 691,557.34 34,595 0.20 0.07 190,088 Iberdrola EUR0.75 6.04 EUR 813,678.23 609,776.26 3,990 0.16 0.06

SWEDEN 5,049,694.38 4,145,950.37 177,405 0.99 0.34

104,700 Atlas Copco AB NPV 231.90 SEK 1,860,605.46 1,593,126.28 44,128 0.36 0.13 183,200 Ericsson B SEK1 85.90 SEK 1,205,939.43 1,128,067.57 47,732 0.24 0.08 150,900 Nordea NPV 103.40 SEK 1,195,684.61 643,399.63 66,282 0.23 0.08 67,032 Trelleborg B NPV 153.30 SEK 787,464.88 781,356.89 19,263 0.15 0.05

SWITZERLAND 21,500,448.50 14,391,966.75 651,419 4.21 1.47

15,955 ACE CHF30.57 101.68 USD 1,031,540.92 644,551.97 26,580 0.20 0.07 6,810 Actelion CHF0.50 136.80 CHF 633,847.41 672,928.53 6,023 0.12 0.04 17,844 Adecco R CHF10 75.90 CHF 921,479.12 924,653.63 25,495 0.18 0.06 7,835 Lonza Group CHF1 124.90 CHF 665,814.04 386,105.42 13,327 0.13 0.05 49,300 Nestle R CHF0.1 67.50 CHF 2,264,134.38 1,673,471.98 73,794 0.44 0.15





SWITZERLAND 21,500,448.50 14,391,966.75 651,419 4.21 1.47

93,309 Novartis R CHF0.50 92.15 CHF 5,850,195.54 3,562,335.53 165,063 1.15 0.40 32,410 Roche Holding Gsh NPV 262.00 CHF 5,777,391.93 3,563,390.79 176,409 1.13 0.39 22,321 T E Connectivity CHF2.6 64.27 USD 912,170.58 714,116.08 17,031 0.18 0.06

124,760 UBS Group AG CHF0.10 19.82 CHF 1,682,404.90 1,468,962.86 42,442 0.33 0.11 9,100 Zurich Insurance Group CHF0.1 284.50 CHF 1,761,469.68 781,449.96 105,255 0.35 0.12

EAST EUROPE 3,345,823.12 3,844,899.17 326,115 0.66 0.23

RUSSIA 3,345,823.12 3,844,899.17 326,115 0.66 0.23

39,796 Lukoil ADR(V 1 Ord) 43.96 USD 1,112,248.48 1,346,959.51 66,262 0.22 0.08 20,382 Magnit GDR(V0.2 Ord) Reg S 55.66 USD 721,346.80 724,837.40 12,273 0.14 0.05 124,903 Mobile Telesystems OJSC ADR(V2 Ord) 9.76 USD 775,134.02 983,536.63 108,058 0.15 0.05 68,391 Norilsk Nickel ADR(V1 Ord) 16.95 USD 737,093.82 789,565.63 139,522 0.14 0.05

NORTH AMERICA AND CANADA 169,434,958.58 141,348,484.86 3,046,731 33.20 11.57

CANADA 7,693,288.87 7,080,249.01 226,344 1.51 0.53

38,722 Brookfield Asset Management Inc Comm 43.60 CAD 859,859.11 831,721.88 15,019 0.17 0.06 19,783 Canadian Imperial Bank NPV 92.07 CAD 927,669.60 996,416.00 42,116 0.18 0.06 45,200 Canadian National Railway NPV 72.05 CAD 1,658,652.66 568,598.13 25,898 0.33 0.11 24,487 Loblaw NPV 63.05 CAD 786,327.93 763,082.39 12,222 0.15 0.05 22,122 Magna International NPV 69.90 CAD 787,561.71 570,245.14 19,974 0.15 0.05

89,600 Potash Corp of Saskatchewan NPV 38.65 CAD 1,763,764.26 2,301,854.29 81,470 0.35 0.12 51,969 Suncor Energy Com NPV 34.36 CAD 909,453.60 1,048,331.18 29,645 0.18 0.06

UNITED STATES 161,741,669.71 134,268,235.85 2,820,387 31.69 11.05

16,105 AMAG Pharmaceuticals Com USD0.01 69.05 USD 707,096.24 667,821.17 0.14 0.05 40,595 Abbott Labs Com NPV 49.08 USD 1,266,867.55 1,046,481.73 23,747 0.25 0.09 14,627 Aetna Inc USD0.01 127.46 USD 1,185,450.13 725,688.91 8,836 0.23 0.08 4,702 Affiliated Managers USD0.01 218.61 USD 653,592.05 661,747.73 721 0.13 0.04 55,306 Altria Group Com USD0.333 48.87 USD 1,718,575.84 1,546,222.69 73,146 0.34 0.12

7,310 Amazon.Com Com USD0.01 434.04 USD 2,017,442.87 2,127,553.95 0.40 0.14 25,588 Anadarko Petroleum Com USD0.10 78.05 USD 1,269,881.99 1,454,338.82 17,572 0.25 0.09 78,722 Apple Com NPV 125.42 USD 6,277,938.09 3,899,213.02 96,607 1.23 0.43 10,460 Ashland Com USD1 121.90 USD 810,754.75 788,505.89 10,376 0.16 0.06




TOTAL OVERSEAS EQUITIES & CONVERTIBLES 510,325,875.69 447,648,748.15 20,761,348 100.00 34.85 NORTH AMERICA AND CANADA 169,434,958.58 141,348,484.86 3,046,731 33.20 11.57

UNITED STATES 161,741,669.71 134,268,235.85 2,820,387 31.69 11.05

6,800 Avalonbay Communities Com USD0.01 159.68 USD 690,420.30 571,900.65 21,619 0.14 0.05

264,654 Bank Of America Com USD0.01 17.02 USD 2,864,126.08 2,734,421.08 33,656 0.56 0.20 42,800 Baxter International Com USD1 69.89 USD 1,902,010.56 1,792,075.33 56,606 0.37 0.13 39,262 Best Buy Com USD0.10 32.61 USD 814,099.21 864,907.97 22,968 0.16 0.06 84,205 Boston Scientific Com USD0.01 17.69 USD 947,152.32 895,589.31 0.19 0.06 21,960 Bristol Myers Squibb Com USD0.10 66.50 USD 928,555.99 583,850.26 20,386 0.18 0.06

26,831 Broadcom A Com USD0.0001 51.48 USD 878,272.96 514,493.01 4,777 0.17 0.06 19,038 Broadridge Financial Solutions NPV 50.00 USD 605,264.83 699,727.09 13,074 0.12 0.04 76,400 CVS Health Corp USD0.01 104.85 USD 5,093,495.26 1,832,873.24 60,723 1.00 0.35 27,095 Cameron International Com USD0.01 52.38 USD 902,420.11 954,756.41 0.18 0.06

17,544 Capital One Finl Corp Com USD0.01 87.94 USD 981,000.42 702,624.46 14,502 0.19 0.07 13,657 Celgene Com USD0.01 115.73 USD 1,004,975.27 786,502.91 0.20 0.07 38,284 Chevron Corp Com USD0.75 96.44 USD 2,347,624.44 2,642,574.94 104,188 0.46 0.16 96,028 Cisco Systems Com USD0.001 27.45 USD 1,676,078.46 1,435,610.20 47,626 0.33 0.11

77,489 Citigroup Com USD0.01 55.22 USD 2,720,762.12 2,075,733.57 3,942 0.53 0.19 47,594 Cognizant Technology Solutions Com USD0.01 61.09 USD 1,848,742.59 1,775,627.07 0.36 0.13 94,283 Comcast Com USD1 60.15 USD 3,605,978.54 1,938,011.24 56,952 0.71 0.25

35,987 Conagra Com USD5 43.70 USD 999,956.70 806,335.75 22,882 0.20 0.07 12,478 Constellation Brands Cl A Com USD0.01 116.02 USD 920,517.30 541,896.97 9,838 0.18 0.06 9,634 Cooper Companies Com USD0.10 177.96 USD 1,090,142.20 1,134,982.15 368 0.21 0.07 43,214 Delta Air Lines NPV 41.07 USD 1,128,504.47 814,383.33 9,892 0.22 0.08 31,230 Devon Energy New Ord Com USD0.10 59.48 USD 1,181,128.25 1,243,186.71 19,063 0.23 0.08

18,282 Dr Pepper Snapple Group Inc USD0.01 72.87 USD 847,084.21 595,528.88 20,459 0.17 0.06 52,900 EOG Resources Com USD0.01 87.52 USD 2,943,859.60 2,029,707.84 21,107 0.58 0.20 31,970 East West Bancorp Com USD0.001 44.82 USD 911,105.36 660,120.90 15,449 0.18 0.06 20,934 Eaton Corp Plc USD0.01 67.47 USD 898,084.17 989,861.21 29,284 0.18 0.06 25,346 Ebay Com USD0.001 60.23 USD 970,680.73 1,029,600.06 0.19 0.07

17,946 Electronic Arts Com USD0.01 66.40 USD 757,687.04 730,484.15 0.15 0.05 8,527 Energizer Holding Com USD0.01 131.55 USD 713,249.09 576,746.02 10,844 0.14 0.05 14,741 Estee Lauder Cl A Com USD0.01 86.65 USD 812,175.02 843,651.26 8,623 0.16 0.06 30,015 Exxon Mobil Com NPV 83.16 USD 1,587,109.68 1,826,369.63 53,438 0.31 0.11 11,421 F5 Networks Com NPV 120.31 USD 873,695.24 925,266.92 0.17 0.06

36,835 FaceBook Inc Com NPV 85.76 USD 2,008,628.22 1,462,519.05 0.39 0.14 71,999 Fairchild Semicon Intl A Com USD0.01 17.38 USD 795,665.17 911,155.45 0.16 0.05 22,089 Fluor New Com USD0.01 52.99 USD 744,258.99 881,505.93 11,798 0.15 0.05 23,694 Foot Locker Com USD0.01 67.00 USD 1,009,409.30 659,884.77 15,066 0.20 0.07





UNITED STATES 161,741,669.71 134,268,235.85 2,820,387 31.69 11.05

26,855 Fortinet Inc Com USD0.001 41.32 USD 705,569.15 681,951.37 0.14 0.05

89,132 Freeport-Mcmoran Copper & Gold B Com USD0.1 18.61 USD 1,054,712.61 1,320,572.49 55,966 0.21 0.07 21,254 Gilead Sciences Com USD0.001 117.09 USD 1,582,393.88 1,519,430.37 5,811 0.31 0.11 7,655 Google Inc Com NPV 520.47 USD 2,533,348.92 2,192,272.58 0.50 0.17 15,432 HCA Holdings Com USD0.01 90.69 USD 889,888.78 690,453.24 0.17 0.06 31,594 Halliburton Com USD2.50 43.06 USD 865,033.15 878,084.33 13,861 0.17 0.06

38,275 Hanesbrands Inc Com USD0.01 33.29 USD 810,182.97 377,584.80 9,735 0.16 0.06 37,961 Hartford Financial Services Grp Com USD0.01 41.55 USD 1,002,911.90 531,705.43 17,379 0.20 0.07 36,951 Hewlett-Packard Com USD0.01 29.98 USD 704,387.98 810,288.30 15,413 0.14 0.05 26,175 Hill-Rom Holdings Com NPV 54.30 USD 903,734.02 861,675.89 10,402 0.18 0.06 19,382 Honeywell International Com USD1 101.95 USD 1,256,434.73 1,226,187.40 24,679 0.25 0.09

8,968 Humana Com USD0.166 191.28 USD 1,090,735.07 525,562.77 6,444 0.21 0.07 21,621 Jarden Corp USD0.01 51.74 USD 711,305.74 502,738.78 4,743 0.14 0.05 84,161 Johnson & Johnson Com USD1 97.41 USD 5,212,769.76 3,810,801.38 152,514 1.02 0.36 10,225 Jones Lang Lasalle Com USD0.01 170.94 USD 1,111,376.30 742,151.05 3,381 0.22 0.08

48,535 Juniper Networks Com USD 0.00001 25.97 USD 801,458.61 848,975.55 12,344 0.16 0.05 19,811 Kroger Com USD1 72.49 USD 913,142.61 520,819.70 10,581 0.18 0.06 19,179 LAM Research Com USD0.001 81.35 USD 992,059.29 471,021.05 14,634 0.19 0.07 28,287 Leggett & Platt Com USD0.01 48.67 USD 875,391.55 593,346.78 22,303 0.17 0.06 27,173 Lowes Cos Com USD0.50 66.95 USD 1,156,757.39 1,107,454.00 15,896 0.23 0.08

21,808 Macy's Com USD0.01 67.47 USD 935,579.42 738,800.37 17,992 0.18 0.06 56,056 Marathon Oil Com USD1 26.53 USD 945,613.07 1,084,552.15 29,940 0.19 0.06 25,722 Marathon Petroleum Corporation NPV 52.30 USD 855,382.84 768,073.52 32,711 0.17 0.06 15,457 Marriott Vacations Worldwide Corp USD0.01 91.69 USD 901,158.73 881,304.90 9,828 0.18 0.06 15,251 Mccormick & Co Com NPV 80.89 USD 784,417.49 688,901.86 14,934 0.15 0.05

6,912 Mckesson HBOC Com USD0.01 224.81 USD 988,037.59 592,562.51 4,219 0.19 0.07 20,704 Merck & Co Com USD0.01 56.90 USD 749,066.95 707,499.56 23,565 0.15 0.05 36,639 Metlife Com USD0.01 55.99 USD 1,304,392.20 910,496.61 33,198 0.26 0.09 115,393 Microsoft Com NPV 44.15 USD 3,239,397.82 2,799,995.84 88,781 0.63 0.22 6,057 Mohawk Inds Com USD0.01 190.90 USD 735,220.51 730,294.02 0.14 0.05

54,085 Morgan Stanley USD0.01 38.78 USD 1,333,640.43 1,030,442.82 15,475 0.26 0.09 22,820 Murphy USA Inc-W/I NPV 55.82 USD 809,952.57 721,258.26 0.16 0.06 21,975 NASDAQ OMX GROUP 48.80 USD 681,871.94 713,781.89 9,781 0.13 0.05 15,487 Northern Trust Com USD1.66 76.45 USD 752,833.44 760,586.30 14,180 0.15 0.05 9,428 Northrop Grumman Corp Com USD1 158.62 USD 950,892.96 509,383.89 17,385 0.19 0.06

28,200 Occidental Ptl Com USD0.20 77.75 USD 1,394,131.11 1,578,856.31 52,179 0.27 0.10





UNITED STATES 161,741,669.71 134,268,235.85 2,820,387 31.69 11.05

90,900 Oracle Com USD0.01 40.30 USD 2,329,287.21 1,778,482.07 29,477 0.46 0.16 27,775 P G & E Com NPV 49.09 USD 866,964.30 986,763.44 32,142 0.17 0.06 19,313 PNC Financial Services Com USD50 95.65 USD 1,174,596.84 913,144.11 23,946 0.23 0.08 21,839 Paccar Com USD1 63.79 USD 885,807.73 934,868.42 12,220 0.17 0.06

46,600 Pepsico Com USD0.017 93.34 USD 2,765,717.56 1,905,613.60 79,040 0.54 0.19 123,240 Pfizer Com USD0.05 33.51 USD 2,625,912.38 2,200,465.85 84,631 0.51 0.18 37,600 Philip Morris International 80.14 USD 1,915,981.43 1,217,579.71 95,632 0.38 0.13 26,062 Phillips 66 Com NPV 80.54 USD 1,334,668.71 1,226,640.41 34,137 0.26 0.09 35,250 Pinnacle Foods Inc Com USD0.01 45.54 USD 1,020,719.15 958,020.93 21,069 0.20 0.07

17,800 Praxair Com USD0.01 119.55 USD 1,353,080.69 1,293,628.70 30,898 0.27 0.09 28,912 Principal Financial Group Com USD0.01 51.26 USD 942,347.00 865,680.29 26,105 0.18 0.06 71,468 Pulte Group Com USD0.01 20.15 USD 915,673.81 966,514.27 14,542 0.18 0.06 13,235 Raytheon Com USD0.01 95.66 USD 805,023.27 652,679.27 21,459 0.16 0.05 11,460 Reinsurance Group of America Com USD0.01 94.88 USD 691,374.58 527,983.21 9,619 0.14 0.05

28,780 Republic Services Com USD0.01 39.16 USD 716,617.79 651,054.93 20,496 0.14 0.05 25,611 Reynolds American Inc USD0.0001 74.63 USD 1,215,329.64 1,205,418.97 43,643 0.24 0.08 22,280 Robert Half International Com USD0.001 55.49 USD 786,111.27 679,118.54 11,333 0.15 0.05 11,041 Rockwell Automation Com USD1 124.64 USD 875,024.00 910,638.51 17,762 0.17 0.06 31,828 Ross Stores Com USD0.01 48.60 USD 983,557.45 755,131.99 17,607 0.19 0.07

32,285 STARZ USD 0.01 44.67 USD 917,003.21 849,769.84 0.18 0.06 70,318 Santander Consumer USA Holdings Inc Com USD0.01 25.58 USD 1,143,723.81 1,044,567.19 26,827 0.22 0.08 36,300 Schlumberger (NYS) Com USD0.01 86.16 USD 1,988,686.97 1,542,311.03 41,546 0.39 0.14 7,800 Snap-On Com USD1 159.24 USD 789,770.46 356,301.35 10,514 0.15 0.05 15,198 Stanley Black & Decker Com USD2.5 105.21 USD 1,016,711.12 776,697.67 20,100 0.20 0.07

23,278 State Street Com USD1 76.98 USD 1,139,403.85 974,607.88 18,354 0.22 0.08 36,395 Suntrust Banks Com USD1 43.01 USD 995,325.84 1,007,253.56 19,439 0.20 0.07 21,200 TJX Cos New Com USD1 66.16 USD 891,836.97 993,736.45 9,908 0.17 0.06 78,382 Teradyne Com USD0.125 19.28 USD 960,898.43 1,031,052.64 11,961 0.19 0.07 40,203 The Mosaic Company USD0.01 46.84 USD 1,197,373.00 1,272,514.15 28,119 0.23 0.08

70,608 Time Inc Com USD0.01 23.00 USD 1,032,608.89 1,004,229.70 34,121 0.20 0.07 24,182 Time Warner Inc USD0.01 87.36 USD 1,343,256.51 977,361.19 20,504 0.26 0.09 41,311 UGI Corp NPV 34.45 USD 904,917.63 870,378.62 23,903 0.18 0.06 28,600 United Technologies Com USD1 110.89 USD 2,016,566.41 950,935.70 46,554 0.40 0.14 10,609 Universal Health B Com USD0.01 142.10 USD 958,567.37 732,545.88 2,698 0.19 0.07

26,416 Valero En New Com USD0.01 62.59 USD 1,051,298.68 1,011,692.34 22,675 0.21 0.07 34,000 Visa Com - Class A Shares USD0.0001 67.12 USD 1,451,058.69 1,118,887.67 9,945 0.28 0.10 30,203 Voya Financial Inc Com USD0.01 46.45 USD 892,051.47 787,759.23 768 0.17 0.06





UNITED STATES 161,741,669.71 134,268,235.85 2,820,387 31.69 11.05

12,280 Wabtec Corporation Com USD0.01 94.23 USD 735,769.31 804,925.22 2,499 0.14 0.05 21,247 Walt Disney Com USD0.01 114.09 USD 1,541,343.06 1,263,171.98 27,155 0.30 0.11

76,559 Wells Fargo & Co Com USD1.666 56.26 USD 2,738,735.51 2,188,733.88 69,369 0.54 0.19 12,009 Western Digital Com USD0.01 78.42 USD 598,808.28 617,890.39 13,745 0.12 0.04 65,926 Western Union Company Com USD0.01 20.31 USD 851,374.74 858,822.02 25,990 0.17 0.06 13,486 Zimmer Biomet Holdings Inc Com USD0.01 108.93 USD 934,081.50 790,755.35 7,546 0.18 0.06

CENTRAL AND SOUTH AMERICA 45,328,406.41 43,860,640.93 494,443 8.88 3.10

BERMUDA 1,891,614.43 2,097,815.62 38,581 0.37 0.13

11,300 Credicorp Com USD5 (NYS) 138.94 USD 998,297.20 1,068,825.70 15,716 0.20 0.07 24,800 Jardine Mtsn (SES) USD0.25 56.65 USD 893,317.23 1,028,989.92 22,865 0.18 0.06

BRAZIL 6,098,374.22 9,264,266.87 396,298 1.19 0.42

202,841 Ambev SA SPONS ADR(V1 Ord) 6.09 USD 785,465.56 789,040.00 14,469 0.15 0.05 290,600 BM&F Bovespa SA NPV 11.72 BRL 697,139.97 1,285,482.65 26,940 0.14 0.05 390,607 Banco Bradesco ADR(V1 Pref) 9.15 USD 2,272,559.32 2,913,749.38 88,891 0.45 0.16 170,127 Itau Unibanco Holding ADR(V 1 Pref) 10.94 USD 1,183,435.73 1,417,156.77 83,955 0.23 0.08 361,900 Vale SA ADR(V1 Prf) 5.04 USD 1,159,773.64 2,858,838.07 182,043 0.23 0.08

CAYMAN ISLANDS 34,823,847.88 30,538,910.94 27,586 6.82 2.38

8,337 Baidu Com ADR(V0.1 Ord) 199.08 USD 1,055,337.93 772,974.94 0.21 0.07 83,000 CK Hutchison Holdings Limited HKD1 114.00 HKD 776,054.99 412,848.89 24,875 0.15 0.05 10,000 Cayman Cleantech Fund II LP 95.77 USD 608,968.65 4,432,483.77 0.12 0.04 10,000 Cayman Direct Fund LP 338.60 USD 2,152,956.06 4,432,483.77 0.42 0.15 133,000 Cheung Kong Property Holdings Ltd NPV 64.10 HKD 699,228.66 521,424.21 0.14 0.05

1,000,000 Dover Street VII Cayman Fund LP 7.49 USD 4,763,758.50 7,111,653.46 0.93 0.33 10,000 Dover Street VIII Cayman Fund LP 963.58 USD 6,126,924.40 10,131,391.48 1.20 0.42 10,000 HabourVest Partners IX-Cayman Buyout Fund L.P. 493.18 USD 3,135,905.13 56,239.10 0.61 0.21 10,000 HabourVest Partners IX-Cayman Credit Opportunities 67.31 USD 428,004.71 49,990.31 0.08 0.03 10,000 HabourVest Partners IX-Cayman Venture Fund L.P. 411.89 USD 2,618,977.55 131,224.58 0.51 0.18

100,000 Hipep VI Cayman Partnership Fund LLP 149.16 EUR 10,567,242.36 836,516.25 2.07 0.72 33,723 JD Com Inc ADR(V2 Ord) 34.09 USD 730,983.07 683,735.45 0.14 0.05 91,800 Tencent Holdings Ltd HKD0.00002 154.00 HKD 1,159,505.87 965,944.73 2,711 0.23 0.08




TOTAL OVERSEAS EQUITIES & CONVERTIBLES 510,325,875.69 447,648,748.15 20,761,348 100.00 34.85 CENTRAL AND SOUTH AMERICA 45,328,406.41 43,860,640.93 494,443 8.88 3.10

MEXICO 2,514,569.88 1,959,647.50 31,978 0.49 0.17

31,400 Fomento Economico Mexicano SAB de CV 89.08 USD 1,778,541.36 1,316,127.11 14,783 0.35 0.12 8,165 Grupo Aeroportuario Del Sureste ADR(V10 Ord) 141.77 USD 736,028.52 643,520.39 17,195 0.14 0.05

AFRICA 2,753,547.28 2,945,582.30 138,751 0.54 0.19

SOUTH AFRICA 2,753,547.28 2,945,582.30 138,751 0.54 0.19

173,685 MTN Group ZAR 0.0001 228.01 ZAR 2,074,589.34 2,159,502.69 113,279 0.41 0.14 81,309 Standard Bank Inv ZAR10 159.40 ZAR 678,957.94 786,079.61 25,472 0.13 0.05

JAPAN 38,295,242.44 29,700,603.68 808,810 7.50 2.62

JAPAN 27,849,932.36 23,395,885.15 583,673 5.46 1.90

133,000 Asahi Kasei JPY50 1,005.00 JPY 694,567.73 637,464.56 13,131 0.14 0.05 13,300 Daito Trust Construction NPV 12,655.00 JPY 874,602.45 394,581.11 24,534 0.17 0.06 36,500 FUJIFILM Holdings Corp NPV 4,360.50 JPY 827,039.12 619,470.55 11,380 0.16 0.06 13,400 Fanuc Corporation JPY50 25,080.00 JPY 1,746,341.71 813,744.62 44,328 0.34 0.12 58,300 Hitachi Chemical JPY50 2,203.00 JPY 667,390.39 676,140.72 10,906 0.13 0.05

54,500 JFE Holdings NPV 2,711.50 JPY 767,897.07 794,988.40 16,992 0.15 0.05 50,000 Japan Aviation Electronics NPV 3,325.00 JPY 863,890.21 685,994.19 6,495 0.17 0.06 90,100 Japan Tobacco JPY50000 4,353.50 JPY 2,038,263.08 1,902,945.39 48,692 0.40 0.14 67,200 KDDI JPY5000 2,949.00 JPY 1,029,771.68 635,259.85 59,363 0.20 0.07 80,400 Mitsubishi Corp NPV 2,690.00 JPY 1,123,841.92 1,040,838.35 25,067 0.22 0.08

135,000 Mitsubishi Electric JPY50 1,578.00 JPY 1,106,974.62 1,107,201.52 18,941 0.22 0.08 336,900 Mitsubishi UFJ Financial Group 879.80 JPY 1,540,216.84 1,411,599.01 31,512 0.30 0.11 104,400 Orix JPY50 1,820.00 JPY 987,344.67 724,625.05 32,007 0.19 0.07 19,600 Rohm JPY50 8,210.00 JPY 836,172.97 662,299.06 13,240 0.16 0.06 81,900 Sekisui House JPY50 1,944.00 JPY 827,326.74 714,425.78 21,279 0.16 0.06

61,100 Shin-Etsu Chemical JPY50 7,592.00 JPY 2,410,428.80 2,132,556.48 31,750 0.47 0.16 31,700 Sompo Japan Nipponkoa Holdings NPV 4,488.00 JPY 739,280.09 698,956.70 11,531 0.14 0.05 44,400 Sony NPV 3,461.00 JPY 798,512.04 831,364.83 2,884 0.16 0.05 85,400 Sumitomo Electric Industries JPY50 1,891.00 JPY 839,162.94 767,681.08 13,313 0.16 0.06 246,000 Sumitomo Heavy Industries JPY50 712.00 JPY 910,147.96 778,775.17 15,340 0.18 0.06

61,300 Sumitomo Mitsui Financial NPV 5,446.00 JPY 1,734,742.46 1,442,474.90 44,595 0.34 0.12 46,300 Toyota Motor JPY50 8,190.00 JPY 1,970,433.54 1,915,419.64 48,118 0.39 0.13 22,500 West Japan Railway NPV 7,817.00 JPY 913,943.88 672,117.40 14,615 0.18 0.06 58,700 Yamaha JPY50 2,470.00 JPY 753,410.99 757,344.21 10,981 0.15 0.05




TOTAL OVERSEAS EQUITIES & CONVERTIBLES 510,325,875.69 447,648,748.15 20,761,348 100.00 34.85 JAPAN 38,295,242.44 29,700,603.68 808,810 7.50 2.62

JAPAN 27,849,932.36 23,395,885.15 583,673 5.46 1.90

61,000 Yamaha Motor JPY50 2,676.00 JPY 848,228.46 577,616.58 12,679 0.17 0.06

SOUTH KOREA 5,551,086.44 3,816,944.21 82,166 1.09 0.38

2,999 Amorepacific Corporation KRW5000 418,000.00 KRW 714,589.70 688,576.60 15,386 0.14 0.05 475 Samsung Elec Spn GDR(V0.5 Ord) 570.50 USD 172,307.18 68,076.20 2,754 0.03 0.01

9,400 Samsung Electroncis GDR(V0.5 N/Vtg Pref) 443.50 USD 2,650,791.63 782,836.33 36,711 0.52 0.18 2,077 Samsung Electronics KRW5000 1,268,000.00 KRW 1,501,273.28 1,700,511.39 23,679 0.29 0.10 21,264 Sk hynix inc 42,250.00 KRW 512,124.65 576,943.69 3,636 0.10 0.03

TAIWAN 4,894,223.64 2,487,774.32 142,971 0.96 0.33

193,861 Hon Hai Prec GDR(V2 Ord) 6.81 USD 839,443.89 541,485.98 12,992 0.16 0.06 280,923 Taiwan Semiconducter SP ADR(V5 Ord) 22.70 USD 4,054,779.75 1,946,288.34 129,979 0.79 0.28

ASIA 21,291,604.96 16,756,672.30 545,097 4.17 1.45

CHINA 3,672,797.86 3,112,044.46 110,228 0.72 0.25

405,500 Anhui Conch Cement CNY1 27.20 HKD 904,626.52 890,965.80 27,027 0.18 0.06 2,235,490 China Construction Bank CNY1 7.08 HKD 1,298,122.09 1,026,299.51 68,997 0.25 0.09

95,500 Ping An Insurance Co H Shares CNY1 104.40 HKD 817,736.57 776,894.79 6,855 0.16 0.06 231,200 Sinopharm Group H CNY1 34.40 HKD 652,312.68 417,884.36 7,349 0.13 0.04

HONG KONG 6,192,753.95 4,535,994.49 165,778 1.21 0.42

504,600 AIA GROUP 50.55 HKD 2,092,078.41 1,191,382.08 20,693 0.41 0.14 133,500 China Mobile (HK) Ltd HKD0.10 99.20 HKD 1,086,181.72 1,027,710.00 31,972 0.21 0.07 420,000 China OS Land & Inv HKD0.10 27.30 HKD 940,419.20 748,089.60 18,946 0.18 0.06

1,029,000 Cnooc Ltd HKD0.02 10.98 HKD 926,674.61 1,078,941.04 48,106 0.18 0.06 144,000 Swire Pacific A HKD0.6 97.15 HKD 1,147,400.01 489,871.77 46,061 0.22 0.08

INDIA 4,475,053.85 3,198,760.99 87,460 0.88 0.31

36,766 Axis Bank GDR 43.60 USD 1,019,264.70 723,830.93 7,775 0.20 0.07 26,060 HDFC Bank ADR(V3 Ord) 60.52 USD 1,002,830.29 540,309.50 6,198 0.20 0.07 106,286 Infosys Limited ADR(V 1 Ord) 15.84 USD 1,070,496.75 896,559.50 64,128 0.21 0.07 43,162 Larsen & Toubro GDR(V1 Ord) 27.80 USD 762,957.72 485,834.83 6,471 0.15 0.05 28,265 Tata Motors ADR(V1 Ord) 34.47 USD 619,504.39 552,226.23 2,888 0.12 0.04




TOTAL OVERSEAS EQUITIES & CONVERTIBLES 510,325,875.69 447,648,748.15 20,761,348 100.00 34.85 ASIA 21,291,604.96 16,756,672.30 545,097 4.17 1.45

INDONESIA 1,692,875.68 2,215,036.54 46,284 0.33 0.12

1,815,200 Bank Rakyat Indonesia IDR 250 10,350.00 IDR 895,998.65 1,514,907.68 25,521 0.18 0.06 28,910 Telekomunikasi Indo Spn ADR(V20 Ord) 43.35 USD 796,877.03 700,128.86 20,763 0.16 0.05

ISRAEL 744,860.42 559,808.06 16,950 0.15 0.05

19,818 Teva Pharm ADR(V 1 Ord) 59.11 USD 744,860.42 559,808.06 16,950 0.15 0.05

SINGAPORE 4,513,263.20 3,135,027.76 118,397 0.88 0.31

9,960 Avago Tech NPV 132.93 USD 841,853.37 247,046.59 10,133 0.16 0.06 194,800 City Developments SGD0.50 9.76 SGD 897,814.12 600,250.17 7,359 0.18 0.06 86,000 DBS Group SGD1 20.68 SGD 839,840.18 856,978.01 23,555 0.16 0.06 975,000 Singapore Telecommunications SGD0.15 4.20 SGD 1,933,755.53 1,430,752.99 77,350 0.38 0.13

AUSTRALIA & NEW ZEALAND 4,233,990.97 5,276,978.89 187,480 0.83 0.29

AUSTRALIA 4,233,990.97 5,276,978.89 187,480 0.83 0.29

352,781 Echo Entertainment Group NPV 4.34 AUD 748,254.58 761,335.64 15,517 0.15 0.05 95,623 Lend Lease Group NPV 15.01 AUD 701,451.30 726,814.04 35,517 0.14 0.05 109,785 Newcrest Mining NPV 13.01 AUD 698,031.09 856,852.42 18,779 0.14 0.05 47,902 Rio Tinto NPV 53.74 AUD 1,258,072.81 1,911,579.59 85,638 0.25 0.09 187,250 Santos NPV 7.82 AUD 715,620.95 876,527.19 32,029 0.14 0.05

130,884 South32 NPV 0.86 GBP 112,560.24 143,870.01 0.02 0.01

TOTAL OVERSEAS EQUITIES & CONVERTIBLES 510,325,875.69 447,648,748.15 20,761,348 100.00 34.85


CITY AND COUNTY OF SWANSEA VALUATION REPORT Page 18SWA aggregate global2 OVERSEAS BONDS 30-Jun-2015


TOTAL OVERSEAS BONDS 931,560.05 794,130.61 100.00 0.06 EURO 931,560.05 794,130.61 100.00 0.06 PREF SHARES (IND) 931,560.05 794,130.61 100.00 0.06

6,308 Volkswagen Pref NPV 208.45 EUR 931,560.05 794,130.61 100.00 0.06

TOTAL OVERSEAS BONDS 931,560.05 794,130.61 100.00 0.06


CITY AND COUNTY OF SWANSEA VALUATION REPORT Page 19SWA aggregate global2 CASH 30-Jun-2015


Cash 43,242,340.42 43,242,340.42 100.00 2.95 AUSTRALIA 0.00 0.00

-1,216,183.360 AUD CAPITAL CASH AUD -594,365.41 -594,365.41 -1.37 -0.041,216,183.360 AUD REVENUE CASH AUD 594,365.41 594,365.41 1.37 0.04 CANADA 13,815.58 13,815.58 0.03 0.00 -676,569.250 CAD CAPITAL CASH CAD -344,584.14 -344,584.14 -0.80 -0.02703,695.270 CAD REVENUE CASH CAD 358,399.72 358,399.72 0.83 0.02

SWITZERLAND 0.00 0.00

-1,702,103.490 CHF CAPITAL CASH CHF -1,158,077.09 -1,158,077.09 -2.68 -0.081,702,103.490 CHF REVENUE CASH CHF 1,158,077.09 1,158,077.09 2.68 0.08 DENMARK 4,141.12 4,141.12 0.01 0.00 -1,106,399.670 DKK CAPITAL CASH DKK -105,074.21 -105,074.21 -0.24 -0.011,150,004.430 DKK REVENUE CASH DKK 109,215.33 109,215.33 0.25 0.01 EUROLAND 85,564.08 85,564.08 0.20 0.01 -6,020,537.460 EUR CAPITAL CASH EUR -4,265,328.99 -4,265,328.99 -9.86 -0.296,141,311.670 EUR REVENUE CASH EUR 4,350,893.07 4,350,893.07 10.06 0.30 UNITED KINGDOM 41,054,761.51 41,054,761.51 94.94 2.80

-6,473,583.360 GBP CAPITAL CASH GBP -6,473,583.36 -6,473,583.36 -14.97 -0.44-5,327,137.370 GBP PURCHASES FOR SETTLEMENT GBP -5,327,137.37 -5,327,137.37 -12.32 -0.36

50,672,721.060 GBP REVENUE CASH GBP 50,672,721.06 50,672,721.06 117.18 3.462,182,761.180 GBP SALES FOR SETTLEMENT GBP 2,182,761.18 2,182,761.18 5.05 0.15 HONG KONG 31,413.36 31,413.36 0.07 0.00

383,005.390 HKD CAPITAL CASH HKD 31,413.36 31,413.36 0.07 0.00 JAPAN 0.00 0.00 -285,252,979 JPY CAPITAL CASH JPY -1,482,269.21 -1,482,269.21 -3.43 -0.10285,252,979 JPY REVENUE CASH JPY 1,482,269.21 1,482,269.21 3.43 0.10


CITY AND COUNTY OF SWANSEA VALUATION REPORT Page 20SWA aggregate global2 CASH 30-Jun-2015


Cash 43,242,340.42 43,242,340.42 100.00 2.95 MEXICO 0.00 0.00

-194,398.440 MXN CAPITAL CASH MXN -7,877.82 -7,877.82 -0.02 0.00194,398.440 MXN REVENUE CASH MXN 7,877.82 7,877.82 0.02 0.00

NORWAY 8,075.78 8,075.78 0.02 0.00 -1,135,168.440 NOK CAPITAL CASH NOK -91,744.00 -91,744.00 -0.21 -0.011,235,091.840 NOK REVENUE CASH NOK 99,819.78 99,819.78 0.23 0.01 SWEDEN 0.00 0.00 -3,379,533.130 SEK CAPITAL CASH SEK -258,978.42 -258,978.42 -0.60 -0.02

3,379,533.130 SEK REVENUE CASH SEK 258,978.42 258,978.42 0.60 0.02 SINGAPORE 12,183.37 12,183.37 0.03 0.00

-40,000 SGD CAPITAL CASH SGD -18,888.94 -18,888.94 -0.04 0.0065,800 SGD REVENUE CASH SGD 31,072.31 31,072.31 0.07 0.00

TURKEY 0.00 0.00 -373,358.090 TRY CAPITAL CASH TRY -88,614.95 -88,614.95 -0.20 -0.01373,358.090 TRY REVENUE CASH TRY 88,614.95 88,614.95 0.20 0.01

UNITED STATES 2,032,187.84 2,032,187.84 4.70 0.14

-15,322,789.07 USD CAPITAL CASH USD -9,742,982.82 -9,742,982.82 -22.53 -0.67-902,141.910 USD PURCHASES FOR SETTLEMENT USD -573,626.19 -573,626.19 -1.33 -0.04

18,881,480.540 USD REVENUE CASH USD 12,005,773.86 12,005,773.86 27.76 0.82539,472.260 USD SALES FOR SETTLEMENT USD 343,022.99 343,022.99 0.79 0.02

SOUTH AFRICA 197.78 197.78 0.00 0.00 -2,991,196.960 ZAR CAPITAL CASH ZAR -156,697.10 -156,697.10 -0.36 -0.01

2,994,972.560 ZAR REVENUE CASH ZAR 156,894.88 156,894.88 0.36 0.01

Cash 43,242,340.42 43,242,340.42 100.00 2.95


CITY AND COUNTY OF SWANSEA VALUATION REPORT Page 21SWA aggregate global2 OTHER INVESTMENTS 30-Jun-2015


Other Investments 2,358,450.31 2,358,450.31 100.00 0.16 AUSTRALIA 530.20 530.20 0.02 0.00

1,084.880 AUD RECLAIMABLE TAX ON DIVIDENDS AUD 530.20 530.20 0.02 0.00 CANADA 16,167.85 16,167.85 0.69 0.00

27,685.220 CAD OVERSEAS DIVIDEND INCOME RECEIVABLE CAD 14,100.39 14,100.39 0.60 0.004,059.330 CAD RECLAIMABLE TAX ON DIVIDENDS CAD 2,067.46 2,067.46 0.09 0.00

SWITZERLAND 141,130.80 141,130.80 5.98 0.01

207,429.390 CHF RECLAIMABLE TAX ON DIVIDENDS CHF 141,130.80 141,130.80 5.98 0.01 CHINA 120,907.11 120,907.11 5.13 0.01

1,253,579.490 CNY OVERSEAS DIVIDEND INCOME RECEIVABLE CNY 128,541.76 128,541.76 5.45 0.01-74,455.450 IRREC UFII PAYABLE CNY -7,634.65 -7,634.65 -0.32 0.00

EUROLAND 100,895.52 100,895.52 4.28 0.01

17,190 EUR OVERSEAS DIVIDEND INCOME RECEIVABLE EUR 12,178.48 12,178.48 0.52 0.00127,803.130 EUR RECLAIMABLE TAX ON DIVIDENDS EUR 90,543.81 90,543.81 3.84 0.01-2,578.500 IRREC UFII PAYABLE EUR -1,826.77 -1,826.77 -0.08 0.00

UNITED KINGDOM 1,355,679.78 1,355,679.78 57.48 0.09

40,940.850 DO NOT USE GBP 40,940.85 40,940.85 1.74 0.0019,366.620 GBP OVERSEAS DIVIDEND INCOME RECEIVABLE GBP 19,366.62 19,366.62 0.82 0.002,376.730 OFFSET TAX OSEAS DIVS GBP 2,376.73 2,376.73 0.10 0.00

-17.320 TAX PAYABLE/RECEIVABLE GBP -17.32 -17.32 0.00 0.001,294,235.650 UK FII RECEIVABLE GBP 1,294,235.65 1,294,235.65 54.88 0.09165,121.950 UK TAX OSEAS DIVS GBP 165,121.95 165,121.95 7.00 0.01-166,344.700 UK TAX UFII 20% GBP -166,344.70 -166,344.70 -7.05 -0.01

HONG KONG 36,362.88 36,362.88 1.54 0.00

476,280 HKD OVERSEAS DIVIDEND INCOME RECEIVABLE HKD 39,063.57 39,063.57 1.66 0.00

-32,928 IRREC UFII PAYABLE HKD -2,700.69 -2,700.69 -0.11 0.00 INDONESIA 380.26 380.26 0.02 0.00

7,973,200 IDR RECLAIMABLE TAX ON DIVIDENDS IDR 380.26 380.26 0.02 0.00


CITY AND COUNTY OF SWANSEA VALUATION REPORT Page 22SWA aggregate global2 OTHER INVESTMENTS 30-Jun-2015


Other Investments 2,358,450.31 2,358,450.31 100.00 0.16 JAPAN 32,255.71 32,255.71 1.37 0.00

6,207,400 JPY OVERSEAS DIVIDEND INCOME RECEIVABLE JPY 32,255.71 32,255.71 1.37 0.00 NORWAY 19,612.60 19,612.60 0.83 0.00

242,671 NOK OVERSEAS DIVIDEND INCOME RECEIVABLE NOK 19,612.60 19,612.60 0.83 0.00 UNITED STATES 532,195.37 532,195.37 22.57 0.04

-44,482.540 IRREC UFII PAYABLE USD -28,284.19 -28,284.19 -1.20 0.00280,128.300 UK FII RECEIVABLE USD 178,119.34 178,119.34 7.55 0.01600,826.870 USD OVERSEAS DIVIDEND INCOME RECEIVABLE USD 382,035.28 382,035.28 16.20 0.03

511.030 USD RECLAIMABLE TAX ON DIVIDENDS USD 324.94 324.94 0.01 0.00 SOUTH AFRICA 2,332.23 2,332.23 0.10 0.00

44,520 ZAR RECLAIMABLE TAX ON DIVIDENDS ZAR 2,332.23 2,332.23 0.10 0.00

Other Investments 2,358,450.31 2,358,450.31 100.00 0.16


CITY AND COUNTY OF SWANSEA VALUATION REPORT Page 23SWA aggregate global2 UK INS/PROPERTY 30-Jun-2015


UK INS/PROPERTY 443,676,476.47 256,415,547.26 100.00 30.30 UNITED KINGDOM 443,676,476.47 256,415,547.26 100.00 30.30

10,994,418.310 L&G All Stocks Gilts Index 5.07 GBP 55,770,836.04 41,966,693.32 12.57 3.814,450,996.240 L&G All Stocks Index Linked Gilts 5.80 GBP 25,815,110.54 15,853,475.26 5.82 1.761,775,745.920 L&G Asia Pacific (ex Japan) Dev Equity Index 11.38 GBP 20,207,455.85 9,841,964.99 4.55 1.384,637,311.520 L&G Europe (Ex UK) Equity Index 10.69 GBP 49,577,033.73 28,036,229.18 11.17 3.394,782,193.890 L&G Global Emerging Markets Index 6.33 GBP 30,274,587.04 23,983,867.06 6.82 2.07

18,843,775.320 L&G Japan Equity Index 1.32 GBP 24,931,068.50 15,911,879.36 5.62 1.707,088,777.760 L&G North America Equity Index 13.66 GBP 96,848,299.51 45,700,350.43 21.83 6.615,715,384.320 L&G Overseas Bond Index 2.40 GBP 13,718,694.14 13,306,313.68 3.09 0.9412,333,290.230 L&G UK Equity Index 10.26 GBP 126,533,391.12 61,814,773.98 28.52 8.64

TOTAL UK INS/PROPERTY 443,676,476.47 256,415,547.26 100.00 30.30


CITY AND COUNTY OF SWANSEA VALUATION REPORT Page 24SWA aggregate global2 PROPERTY UNIT TRUST 30-Jun-2015


PROPERTY UNIT TRUST 3,550,011.32 2,727,608.80 100.00 0.24 UNITED KINGDOM 3,550,011.32 2,727,608.80 100.00 0.24

89,062 Schroder UK Property 39.86 GBP 3,550,011.32 2,727,608.80 100.00 0.24

TOTAL PROPERTY UNIT TRUST 3,550,011.32 2,727,608.80 100.00 0.24


CITY AND COUNTY OF SWANSEA VALUATION REPORT Page 25SWA aggregate global2 EXCHANGE RATE SUMMARY 30-Jun-2015

Portfolio Currency Code Exchange Currency Code Exchange Rate

U.K. STERLING GBP AUSTRALIAN DOLLAR AUD 2.046188BRAZILIAN REAL BRL 4.885435CANADIAN DOLLAR CAD 1.963437SWISS FRANC CHF 1.469767CHINESE YUEN CNY 9.752313DANISH KRONE DKK 10.529698EURO EUR 1.411506HONG KONG DOLLAR HKD 12.192435INDONESIAN RUPIAH IDR 20,968.02275JAPANESE YEN JPY 192.443436KOREAN WON KRW 1,754.268215MEXICAN PESO MXN 24.676685NORWEGIAN KRONE NOK 12.373217SWEDISH KRONA SEK 13.049478SINGAPORE DOLLAR SGD 2.117641TURKISH LIRA TRY 4.213263U.S. DOLLAR USD 1.5727SOUTH AFRICAN RAND ZAR 19.089039

CITY AND COUNTY OF SWANSEA SUMMARY VALUATION REPORT Page 1SWA aggregate global2

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27-Jul-2015 LINEDATA ICON GP_SVAL304:28:19pm Run Predefined Reports

REPORT NAME-----------

Summary Valuation by Industry

N O T H I N G T O R E P O R T

INPUT PARAMETERS----------------

Portfolio code : SWAAGGREGATE2Include Parameters : No

CITY AND COUNTY OF SWANSEA INCOME ENTITLEMENT REPORT Page 1SWA aggregate global2 1-Jun-2015 to 30-Jun-2015

Asset Name Entitled Qty Non-Recl. Tax Domestic TaxDue Date Ex Date RateCurr Gross Income Recoverable Tax Offsettable Tax Net Income

(GBP) (GBP) (GBP)

EQUITIES 220,556.26 20,960.95 0.00 199,595.31 GBP0.00 0.00

Overseas Quoted 220,556.26 20,960.95 0.00 199,595.31 GBP0.00 0.00

BRAZILBanco Bradesco ADR(V1 Pref) 390,607.000 1,563.77 234.56 0.00 1,329.20 GBP8-Jul-2015 2-Jun-2015 0.006 USD 0.00 0.00 2,021.65 USD

Banco Bradesco ADR(V1 Pref) 390,607.000 15,073.61 0.00 0.00 15,073.61 GBP24-Jul-2015 23-Jun-2015 0.061 USD 0.00 0.00 23,843.43 USD

CANADACanadian National Railway NPV 45,200.000 7,374.80 0.00 0.00 7,374.80 GBP30-Jun-2015 5-Jun-2015 0.313 CAD 0.00 0.00 14,125.00 CAD

JAPANJapan Tobacco JPY50000 90,100.000 25,011.98 0.00 0.00 25,011.98 GBP30-Sep-2015 26-Jun-2015 54.000 JPY 0.00 0.00 4,865,400 JPY

TAIWANTaiwan Semiconducter SP ADR(V5 Ord) 211,200.000 97,684.82 19,536.96 0.00 78,147.85 GBP23-Jul-2015 29-Jun-2015 0.728 USD 0.00 0.00 122,946.11 USD

UNITED STATESComcast Com USD1 53,600.000 8,517.40 0.00 0.00 8,517.40 GBP22-Jul-2015 29-Jun-2015 0.250 USD 0.00 0.00 13,400.00 USD

Pepsico Com USD0.017 46,600.000 21,360.80 0.00 0.00 21,360.80 GBP30-Jun-2015 3-Jun-2015 0.703 USD 0.00 0.00 32,736.50 USD

Philip Morris International 37,600.000 23,770.39 0.00 0.00 23,770.39 GBP10-Jul-2015 23-Jun-2015 1.000 USD 0.00 0.00 37,600.00 USD

Praxair Com USD0.01 17,800.000 8,304.46 0.00 0.00 8,304.46 GBP15-Jun-2015 3-Jun-2015 0.715 USD 0.00 0.00 12,727.00 USD

Schlumberger (NYS) Com USD0.01 36,300.000 11,894.23 1,189.42 0.00 10,704.81 GBP10-Jul-2015 1-Jun-2015 0.500 USD 0.00 0.00 16,335.00 USD



(GBP) (GBP) (GBP)

EQUITIES 665,022.83 29,814.26 0.00 624,049.72 GBP11,158.84 0.00

Overseas Quoted 665,022.83 29,814.26 0.00 624,049.72 GBP11,158.84 0.00

BELGIUMDelhaize EUR1 14,407.000 16,516.02 0.00 0.00 16,516.02 GBP4-Jun-2015 2-Jun-2015 1.200 EUR 0.00 0.00 23,051.20 EUR

BRAZILItau Unibanco Holding ADR(V 1 Pref) 153,679.000 481.29 0.00 0.00 481.29 GBP13-Jul-2015 1-Jun-2015 0.005 USD 0.00 0.00 734.43 USD

Itau Unibanco Holding ADR(V 1 Pref) 170,127.000 515.87 0.00 0.00 515.87 GBP13-Aug-2015 30-Jun-2015 0.005 USD 0.00 0.00 812.19 USD

CANADACanadian Imperial Bank NPV 19,783.000 11,063.87 0.00 0.00 11,063.87 GBP28-Jul-2015 25-Jun-2015 1.090 CAD 0.00 0.00 21,563.47 CAD

Loblaw NPV 24,487.000 3,212.21 0.00 0.00 3,212.21 GBP1-Jul-2015 11-Jun-2015 0.250 CAD 0.00 0.00 6,121.75 CAD

Suncor Energy Com NPV 51,969.000 7,627.57 0.00 0.00 7,627.57 GBP25-Jun-2015 2-Jun-2015 0.280 CAD 0.00 0.00 14,551.32 CAD

CAYMAN ISLANDSKWG Property NPV 1,542,500.000 53,710.53 0.00 0.00 53,710.53 GBP28-Jul-2015 9-Jun-2015 0.330 CNY 0.00 0.00 509,025.00 CNY

CHINAAnhui Conch Cement CNY1 347,500.000 23,775.56 2,377.56 0.00 21,398.01 GBP25-Jun-2015 4-Jun-2015 0.650 CNY 0.00 0.00 203,287.50 CNY

China Construction Bank CNY1 2,235,490.000 68,506.38 6,850.64 0.00 61,655.74 GBP24-Jul-2015 23-Jun-2015 0.301 CNY 0.00 0.00 605,594.24 CNY

Sinopharm Group H CNY1 231,200.000 7,345.75 734.57 0.00 6,611.17 GBP31-Jul-2015 25-Jun-2015 0.310 CNY 0.00 0.00 64,504.80 CNY

FRANCEORANGE EUR4 77,993.000 22,737.34 3,410.60 0.00 19,326.74 GBP10-Jun-2015 8-Jun-2015 0.400 EUR 0.00 0.00 26,517.62 EUR

Publicis Groupe EUR0.40 14,325.000 12,316.52 1,847.48 0.00 10,469.04 GBP2-Jul-2015 2-Jun-2015 1.200 EUR 0.00 0.00 14,611.50 EUR



(GBP) (GBP) (GBP)

EQUITIES 665,022.83 29,814.26 0.00 624,049.72 GBP11,158.84 0.00


HONG KONGChina Mobile (HK) Ltd HKD0.10 101,000.000 11,727.43 1,172.74 0.00 10,554.69 GBP30-Jun-2015 4-Jun-2015 1.380 HKD 0.00 0.00 125,442.00 HKD

China OS Land & Inv HKD0.10 420,000.000 12,069.71 0.00 0.00 12,069.71 GBP8-Jul-2015 18-Jun-2015 0.350 HKD 0.00 0.00 147,000.00 HKD

Cnooc Ltd HKD0.02 1,029,000.000 27,705.61 2,770.56 0.00 24,935.05 GBP3-Jul-2015 4-Jun-2015 0.320 HKD 0.00 0.00 296,352.00 HKD

INDIAHDFC Bank ADR(V3 Ord) 26,060.000 6,190.92 0.00 0.00 6,190.92 GBP31-Jul-2015 30-Jun-2015 0.374 USD 0.00 0.00 9,746.99 USD

Infosys Limited ADR(V 1 Ord) 42,878.000 12,784.91 0.00 0.00 12,784.91 GBP25-Jun-2015 11-Jun-2015 0.463 USD 0.00 0.00 19,869.67 USD

IRELANDIngersoll-Rand Com USD2 24,145.000 4,571.42 0.00 0.00 4,571.42 GBP30-Jun-2015 10-Jun-2015 0.290 USD 0.00 0.00 7,002.05 USD

Medtronic Plc Com USD0.10 19,214.000 4,644.90 0.00 0.00 4,644.90 GBP17-Jul-2015 25-Jun-2015 0.380 USD 0.00 0.00 7,301.32 USD

XL Group Plc USD0.01 35,800.000 3,685.62 0.00 0.00 3,685.62 GBP30-Jun-2015 11-Jun-2015 0.160 USD 0.00 0.00 5,728.00 USD

ITALYEnel EUR1 299,711.000 19,238.76 2,116.26 0.00 17,122.49 GBP24-Jun-2015 22-Jun-2015 0.090 EUR 0.00 0.00 24,006.85 EUR

Enel EUR1 299,711.000 10,688.20 1,175.70 0.00 9,512.50 GBP24-Jun-2015 22-Jun-2015 0.050 EUR 0.00 0.00 13,337.14 EUR

JAPANMitsubishi UFJ Financial Group 336,900.000 -17,163.64 0.00 0.00 -17,163.64 GBP30-Jun-2015 27-Mar-2015 9.000 JPY 0.00 0.00 -3,032,100 JPY

Mitsubishi UFJ Financial Group 336,900.000 17,163.64 0.00 0.00 17,163.64 GBP25-Jun-2015 27-Mar-2015 9.000 JPY 0.00 0.00 3,032,100 JPY

Yamaha Motor JPY50 61,000.000 6,898.94 0.00 0.00 6,898.94 GBP30-Sep-2015 26-Jun-2015 22.000 JPY 0.00 0.00 1,342,000 JPY



(GBP) (GBP) (GBP)

EQUITIES 665,022.83 29,814.26 0.00 624,049.72 GBP11,158.84 0.00


NETHERLANDSNN Group NV NPV 47,874.000 19,551.79 0.00 0.00 16,619.02 GBP30-Jun-2015 2-Jun-2015 0.570 EUR 2,932.77 0.00 23,194.95 EUR

NORWAYYara International NOK1.7 18,667.000 20,656.37 0.00 0.00 17,557.91 GBP21-May-2015 12-May-2015 13.000 NOK 3,098.46 0.00 206,270.35 NOK

RUSSIAMagnit GDR(V0.2 Ord) Reg S 20,382.000 6,056.35 908.45 0.00 5,147.90 GBP16-Jul-2015 18-Jun-2015 0.467 USD 0.00 0.00 8,087.86 USD

SINGAPOREAvago Tech NPV 9,960.000 2,549.76 0.00 0.00 2,549.76 GBP30-Jun-2015 17-Jun-2015 0.400 USD 0.00 0.00 3,984.00 USD

SPAINCorporacion Mapfre R EUR0.5 386,743.000 22,121.96 0.00 0.00 17,697.57 GBP18-Jun-2015 18-Jun-2015 0.064 EUR 4,424.39 0.00 24,751.55 EUR

SWITZERLANDACE CHF30.57 15,955.000 6,797.56 0.00 0.00 4,418.42 GBP21-Jul-2015 26-Jun-2015 0.670 USD 2,379.15 0.00 6,948.40 USD

T E Connectivity CHF2.6 22,321.000 -4,788.36 0.00 0.00 -3,112.43 GBP12-Jun-2015 27-May-2015 0.330 USD -1,675.93 0.00 -4,787.85 USD

T E Connectivity CHF2.6 22,321.000 4,788.36 0.00 0.00 4,788.36 GBP12-Jun-2015 27-May-2015 0.330 USD 0.00 0.00 7,365.93 USD

TAIWANTaiwan Semiconducter SP ADR(V5 Ord) 69,723.000 32,248.48 6,449.69 0.00 25,798.79 GBP23-Jul-2015 29-Jun-2015 0.728 USD 0.00 0.00 40,587.94 USD

UNITED STATESAltria Group Com USD0.333 55,306.000 18,504.73 0.00 0.00 18,504.73 GBP10-Jul-2015 11-Jun-2015 0.520 USD 0.00 0.00 28,759.12 USD

Anadarko Petroleum Com USD0.10 25,588.000 4,532.41 0.00 0.00 4,532.41 GBP24-Jun-2015 8-Jun-2015 0.270 USD 0.00 0.00 6,908.76 USD

Avalonbay Communities Com USD0.01 6,800.000 5,405.06 0.00 0.00 5,405.06 GBP15-Jul-2015 26-Jun-2015 1.250 USD 0.00 0.00 8,500.00 USD



(GBP) (GBP) (GBP)

EQUITIES 665,022.83 29,814.26 0.00 624,049.72 GBP11,158.84 0.00


UNITED STATESBest Buy Com USD0.10 30,867.000 4,648.64 0.00 0.00 4,648.64 GBP2-Jul-2015 9-Jun-2015 0.230 USD 0.00 0.00 7,099.41 USD

Bank Of America Com USD0.01 264,654.000 8,634.43 0.00 0.00 8,634.43 GBP26-Jun-2015 3-Jun-2015 0.050 USD 0.00 0.00 13,232.70 USD

Broadridge Financial Solutions NPV 19,038.000 3,301.60 0.00 0.00 3,301.60 GBP1-Jul-2015 15-Jun-2015 0.270 USD 0.00 0.00 5,140.26 USD

Comcast Com USD1 40,683.000 6,464.80 0.00 0.00 6,464.80 GBP22-Jul-2015 29-Jun-2015 0.250 USD 0.00 0.00 10,170.75 USD

Devon Energy New Ord Com USD0.10 31,230.000 4,822.70 0.00 0.00 4,822.70 GBP30-Jun-2015 11-Jun-2015 0.240 USD 0.00 0.00 7,495.20 USD

Dr Pepper Snapple Group Inc USD0.01 18,282.000 5,646.40 0.00 0.00 5,646.40 GBP7-Jul-2015 11-Jun-2015 0.480 USD 0.00 0.00 8,775.36 USD

Gilead Sciences Com USD0.001 21,254.000 5,896.46 0.00 0.00 5,896.46 GBP29-Jun-2015 12-Jun-2015 0.430 USD 0.00 0.00 9,139.22 USD

Halliburton Com USD2.50 31,594.000 3,726.81 0.00 0.00 3,726.81 GBP24-Jun-2015 1-Jun-2015 0.180 USD 0.00 0.00 5,686.92 USD

Hewlett-Packard Com USD0.01 36,951.000 4,266.47 0.00 0.00 4,266.47 GBP1-Jul-2015 8-Jun-2015 0.176 USD 0.00 0.00 6,503.38 USD

Hill-Rom Holdings Com NPV 26,175.000 2,694.72 0.00 0.00 2,694.72 GBP30-Jun-2015 11-Jun-2015 0.160 USD 0.00 0.00 4,188.00 USD

Humana Com USD0.166 8,968.000 1,653.77 0.00 0.00 1,653.77 GBP31-Jul-2015 26-Jun-2015 0.290 USD 0.00 0.00 2,600.72 USD

LAM Research Com USD0.001 19,179.000 3,774.65 0.00 0.00 3,774.65 GBP1-Jul-2015 8-Jun-2015 0.300 USD 0.00 0.00 5,753.70 USD

Leggett & Platt Com USD0.01 28,287.000 5,642.29 0.00 0.00 5,642.29 GBP15-Jul-2015 11-Jun-2015 0.310 USD 0.00 0.00 8,768.97 USD

Macy's Com USD0.01 21,808.000 5,051.56 0.00 0.00 5,051.56 GBP1-Jul-2015 11-Jun-2015 0.360 USD 0.00 0.00 7,850.88 USD



(GBP) (GBP) (GBP)

EQUITIES 665,022.83 29,814.26 0.00 624,049.72 GBP11,158.84 0.00


UNITED STATESMarriott Vacations Worldwide Corp USD0.01 15,457.000 2,485.85 0.00 0.00 2,485.85 GBP2-Jul-2015 16-Jun-2015 0.250 USD 0.00 0.00 3,864.25 USD

Mckesson HBOC Com USD0.01 6,912.000 1,082.18 0.00 0.00 1,082.18 GBP1-Jul-2015 4-Jun-2015 0.240 USD 0.00 0.00 1,658.88 USD

Merck & Co Com USD0.01 20,704.000 5,994.79 0.00 0.00 5,994.79 GBP8-Jul-2015 11-Jun-2015 0.450 USD 0.00 0.00 9,316.80 USD

NASDAQ OMX GROUP 21,975.000 3,586.70 0.00 0.00 3,586.70 GBP26-Jun-2015 10-Jun-2015 0.250 USD 0.00 0.00 5,493.75 USD

Northern Trust Com USD1.66 15,487.000 3,637.94 0.00 0.00 3,637.94 GBP1-Jul-2015 3-Jun-2015 0.360 USD 0.00 0.00 5,575.32 USD

Occidental Ptl Com USD0.20 28,200.000 13,875.22 0.00 0.00 13,875.22 GBP15-Jul-2015 8-Jun-2015 0.750 USD 0.00 0.00 21,150.00 USD

P G & E Com NPV 27,775.000 8,036.14 0.00 0.00 8,036.14 GBP15-Jul-2015 26-Jun-2015 0.455 USD 0.00 0.00 12,637.63 USD

Pinnacle Foods Inc Com USD0.01 35,250.000 5,215.15 0.00 0.00 5,215.15 GBP10-Jul-2015 22-Jun-2015 0.235 USD 0.00 0.00 8,283.75 USD

Principal Financial Group Com USD0.01 28,912.000 7,167.17 0.00 0.00 7,167.17 GBP26-Jun-2015 4-Jun-2015 0.380 USD 0.00 0.00 10,986.56 USD

Pulte Group Com USD0.01 71,468.000 3,743.74 0.00 0.00 3,743.74 GBP2-Jul-2015 9-Jun-2015 0.080 USD 0.00 0.00 5,717.44 USD

Raytheon Com USD0.01 13,235.000 5,636.39 0.00 0.00 5,636.39 GBP6-Aug-2015 29-Jun-2015 0.670 USD 0.00 0.00 8,867.45 USD

Republic Services Com USD0.01 28,780.000 5,122.14 0.00 0.00 5,122.14 GBP15-Jul-2015 29-Jun-2015 0.280 USD 0.00 0.00 8,058.40 USD

Reynolds American Inc USD0.0001 25,611.000 11,257.21 0.00 0.00 11,257.21 GBP1-Jul-2015 8-Jun-2015 0.670 USD 0.00 0.00 17,159.37 USD

Ross Stores Com USD0.01 15,914.000 2,434.28 0.00 0.00 2,434.28 GBP30-Jun-2015 5-Jun-2015 0.235 USD 0.00 0.00 3,739.79 USD



(GBP) (GBP) (GBP)

EQUITIES 665,022.83 29,814.26 0.00 624,049.72 GBP11,158.84 0.00


UNITED STATESStanley Black & Decker Com USD2.5 15,198.000 5,179.04 0.00 0.00 5,179.04 GBP23-Jun-2015 1-Jun-2015 0.520 USD 0.00 0.00 7,902.96 USD

State Street Com USD1 23,278.000 5,030.68 0.00 0.00 5,030.68 GBP16-Jul-2015 29-Jun-2015 0.340 USD 0.00 0.00 7,914.52 USD

The Mosaic Company USD0.01 35,503.000 6,419.23 0.00 0.00 6,419.23 GBP18-Jun-2015 2-Jun-2015 0.275 USD 0.00 0.00 9,763.33 USD

UGI Corp NPV 41,311.000 6,047.20 0.00 0.00 6,047.20 GBP1-Jul-2015 11-Jun-2015 0.228 USD 0.00 0.00 9,398.25 USD

Western Digital Com USD0.01 12,009.000 3,813.83 0.00 0.00 3,813.83 GBP15-Jul-2015 30-Jun-2015 0.500 USD 0.00 0.00 6,004.50 USD

Western Union Company Com USD0.01 65,926.000 6,592.81 0.00 0.00 6,592.81 GBP30-Jun-2015 12-Jun-2015 0.155 USD 0.00 0.00 10,218.53 USD



(GBP) (GBP) (GBP)

POOLED INVESTMENT VEHICLES 60,061.77 0.00 3,191.98 56,869.79 GBP0.00 0.00

Managed Funds - Other 30,166.25 0.00 3,191.98 26,974.27 GBP0.00 0.00

CHANNEL ISLANDSBlackrock UK Property Fund 118,273.000 10,799.63 0.00 0.00 10,799.63 GBP22-Jun-2015 29-May-2015 0.091 GBP 0.00 0.00

Blackrock UK Property Fund 118,273.000 19,366.62 0.00 3,191.98 16,174.64 GBP20-Jul-2015 29-Jun-2015 0.164 GBP 0.00 0.00

Unit Trusts - Property 21,370.79 0.00 0.00 21,370.79 GBP0.00 0.00

UNITED KINGDOMSchroder UK Property 89,062.000 937.16 0.00 0.00 937.16 GBP31-May-2015 1-May-2015 0.011 GBP 0.00 0.00

Schroder UK Property 89,062.000 1,004.65 0.00 0.00 1,004.65 GBP30-Jun-2015 31-May-2015 0.011 GBP 0.00 0.00

Schroder UK Property 89,062.000 10,034.37 0.00 0.00 10,034.37 GBP31-May-2015 1-May-2015 0.113 GBP 0.00 0.00

Schroder UK Property 89,062.000 9,394.61 0.00 0.00 9,394.61 GBP30-Jun-2015 31-May-2015 0.105 GBP 0.00 0.00

Unit Trusts - Other 8,524.73 0.00 0.00 8,524.73 GBP0.00 0.00

UNITED KINGDOMLocal Retail Fund GBP 784.700 4,075.03 0.00 0.00 4,075.03 GBP24-Jun-2015 31-May-2015 5.193 GBP 0.00 0.00

Multi Let Ind Prop Unit Trust 328.364 507.65 0.00 0.00 507.65 GBP29-May-2015 30-Apr-2015 1.546 GBP 0.00 0.00

Multi Let Ind Prop Unit Trust 376.254 872.40 0.00 0.00 872.40 GBP30-Jun-2015 31-May-2015 2.319 GBP 0.00 0.00

West End Of London Property Unit Trust 3,598.480 3,069.65 0.00 0.00 3,069.65 GBP30-Jun-2015 31-May-2015 0.853 GBP 0.00 0.00



(GBP) (GBP) (GBP)

EQUITIES 848,142.66 0.00 0.00 848,142.66 GBP0.00 0.00

UK Quoted 848,142.66 0.00 0.00 848,142.66 GBP0.00 0.00

UNITED KINGDOM###Spirax-Sarco Engineering Plc Ord GBP0.259615 156,756.000 188,107.20 0.00 0.00 188,107.20 GBP15-Jul-2015 15-Jun-2015 1.200 GBP 0.00 0.00

Daily Mail & General Trust Ord NV GBP0.125 761,719.000 49,511.74 0.00 0.00 49,511.74 GBP3-Jul-2015 4-Jun-2015 0.065 GBP 0.00 0.00

Vodafone Group Ord USD0.2095238 6,592,003.000 502,310.63 0.00 0.00 502,310.63 GBP5-Aug-2015 11-Jun-2015 0.076 GBP 0.00 0.00

\\\Intm Capital Group Ord GBP0.20 716,643.000 108,213.09 0.00 0.00 108,213.09 GBP28-Jul-2015 11-Jun-2015 0.151 GBP 0.00 0.00


Non-Recl. Tax Domestic TaxSummary Gross Income Recoverable Tax Offsettable Tax Net Income

(GBP) (GBP) (GBP) (GBP)

TOTAL BRAZIL 16,637.37 234.56 0.00 16,402.810.00 0.00

TOTAL CANADA 7,374.80 0.00 0.00 7,374.800.00 0.00

TOTAL JAPAN 25,011.98 0.00 0.00 25,011.980.00 0.00

TOTAL TAIWAN 97,684.82 19,536.96 0.00 78,147.850.00 0.00

TOTAL UNITED STATES 73,847.28 1,189.42 0.00 72,657.860.00 0.00




TOTAL BELGIUM 16,516.02 0.00 0.00 16,516.020.00 0.00

TOTAL BRAZIL 997.17 0.00 0.00 997.170.00 0.00

TOTAL CANADA 21,903.64 0.00 0.00 21,903.640.00 0.00

TOTAL CAYMAN ISLANDS 53,710.53 0.00 0.00 53,710.530.00 0.00

TOTAL CHINA 99,627.69 9,962.77 0.00 89,664.920.00 0.00

TOTAL FRANCE 35,053.86 5,258.08 0.00 29,795.780.00 0.00

TOTAL HONG KONG 51,502.75 3,943.30 0.00 47,559.450.00 0.00

TOTAL INDIA 18,975.83 0.00 0.00 18,975.830.00 0.00

TOTAL IRELAND 12,901.94 0.00 0.00 12,901.940.00 0.00

TOTAL ITALY 29,926.96 3,291.97 0.00 26,634.990.00 0.00

TOTAL JAPAN 6,898.94 0.00 0.00 6,898.940.00 0.00

TOTAL NETHERLANDS 19,551.79 0.00 0.00 16,619.022,932.77 0.00

TOTAL NORWAY 20,656.37 0.00 0.00 17,557.913,098.46 0.00

TOTAL RUSSIA 6,056.35 908.45 0.00 5,147.900.00 0.00

TOTAL SINGAPORE 2,549.76 0.00 0.00 2,549.760.00 0.00

TOTAL SPAIN 22,121.96 0.00 0.00 17,697.574,424.39 0.00

TOTAL SWITZERLAND 6,797.56 0.00 0.00 6,094.34703.22 0.00




TOTAL TAIWAN 32,248.48 6,449.69 0.00 25,798.790.00 0.00

TOTAL UNITED STATES 207,025.22 0.00 0.00 207,025.220.00 0.00




TOTAL CHANNEL ISLANDS 30,166.25 0.00 3,191.98 26,974.270.00 0.00

TOTAL UNITED KINGDOM 29,895.52 0.00 0.00 29,895.520.00 0.00




TOTAL UNITED KINGDOM 848,142.66 0.00 0.00 848,142.660.00 0.00

TOTAL PORTFOLIO 1,793,783.52 50,775.22 3,191.98 1,728,657.4811,158.84 0.00

CITY AND COUNTY OF SWANSEA INCOME RECEIVABLE Page 1Aberdeen Asset Management Global Equity 30-Jun-2015

Due Date Income Income Trans Type Trans Date Quantity Gross Amount Inc Gross Amount Net Amount

Type Rate Income Cur Port (GBP) Port (GBP)

EQUITIES 183,516.20 162,555.24

Overseas Quoted 183,516.20 162,555.24

BRAZIL 16,637.38 16,402.81Banco Bradesco ADR(V1 Pref)24-Jul-2015 SPL 0.061042 G Entitlement 23-Jun-2015 390,607.000 23,843.43 USD 15,073.61 15,073.618-Jul-2015 Dividend 0.006089 G Entitlement 2-Jun-2015 390,607.000 2,378.41 USD 1,563.77 1,329.20

JAPAN 25,011.98 25,011.98Japan Tobacco JPY5000030-Sep-2015 INT 54.0000 G Entitlement 26-Jun-2015 90,100.000 4,865,400 JPY 25,011.98 25,011.98

TAIWAN 97,684.82 78,147.85Taiwan Semiconducter SP ADR(V5 Ord)23-Jul-2015 YR 0.727664 G Entitlement 29-Jun-2015 211,200.000 153,682.64 USD 97,684.82 78,147.85

UNITED STATES 44,182.02 42,992.60Comcast Com USD122-Jul-2015 QTR 0.25000 G Entitlement 29-Jun-2015 53,600.000 13,400.00 USD 8,517.40 8,517.40

Philip Morris International10-Jul-2015 QTR 1.00000 G Entitlement 23-Jun-2015 37,600.000 37,600.00 USD 23,770.39 23,770.39

Schlumberger (NYS) Com USD0.0110-Jul-2015 QTR 0.50000 G Entitlement 1-Jun-2015 36,300.000 18,150.00 USD 11,894.23 10,704.81




EQUITIES -156,619.52 -150,228.04

UK Quoted -40,488.95 -34,322.04

Royal Dutch Shell 'A' EUR0.0722-Jun-2015 INT 0.41950 G Receipt 22-Jun-2015 -133,700.000 -56,087.15 EUR -40,488.95 -34,322.04

Overseas Quoted -116,130.57 -115,906.00

BRAZIL -1,534.00 -1,309.43Banco Bradesco ADR(V1 Pref)8-Jun-2015 Dividend 0.005937 G Receipt 8-Jun-2015 -390,607.000 -2,319.03 USD -1,534.00 -1,309.43

JAPAN -68,911.88 -68,911.88Daito Trust Construction NPV26-Jun-2015 FIN 170.000 G Receipt 26-Jun-2015 -13,300.000 -2,261,000 JPY -12,798.71 -12,798.7126-Jun-2015 SPL 20.0000 G Receipt 26-Jun-2015 -13,300.000 -266,000 JPY -1,505.73 -1,505.73

Fanuc Corporation JPY5029-Jun-2015 FIN 491.930 G Receipt 29-Jun-2015 -13,400.000 -6,591,862 JPY -37,314.18 -37,314.18

Shin-Etsu Chemical JPY5029-Jun-2015 FIN 50.0000 G Receipt 29-Jun-2015 -61,100.000 -3,055,000 JPY -17,293.26 -17,293.26

UNITED STATES -45,684.69 -45,684.69Chevron Corp Com USD0.7510-Jun-2015 QTR 1.07000 G Receipt 10-Jun-2015 -16,600.000 -17,762.00 USD -11,272.45 -11,272.45

Johnson & Johnson Com USD19-Jun-2015 QTR 0.75000 G Receipt 9-Jun-2015 -35,800.000 -26,850.00 USD -17,260.78 -17,260.78

TJX Cos New Com USD14-Jun-2015 QTR 0.21000 G Receipt 4-Jun-2015 -21,200.000 -4,452.00 USD -2,860.91 -2,860.91

United Technologies Com USD110-Jun-2015 QTR 0.64000 G Receipt 10-Jun-2015 -28,600.000 -18,304.00 USD -11,685.77 -11,685.77

Visa Com - Class A Shares USD0.00012-Jun-2015 QTR 0.12000 G Receipt 2-Jun-2015 -34,000.000 -4,080.00 USD -2,604.78 -2,604.78

CITY AND COUNTY OF SWANSEA INCOME RECEIVABLE Page 3J P Morgan Global Equity 30-Jun-2015



EQUITIES 425,759.69 400,720.69

Overseas Quoted 425,759.69 400,720.69

BRAZIL 997.16 997.16Itau Unibanco Holding ADR(V 1 Pref)13-Aug-2015 MTH 0.004774 G Entitlement 30-Jun-2015 170,127.000 812.19 USD 515.87 515.8713-Jul-2015 MTH 0.004779 G Entitlement 1-Jun-2015 153,679.000 734.43 USD 481.29 481.29

CANADA 14,276.08 14,276.08Canadian Imperial Bank NPV28-Jul-2015 QTR 1.09000 G Entitlement 25-Jun-2015 19,783.000 21,563.47 CAD 11,063.87 11,063.87

Loblaw NPV1-Jul-2015 QTR 0.25000 G Entitlement 11-Jun-2015 24,487.000 6,121.75 CAD 3,212.21 3,212.21

CAYMAN ISLANDS 53,710.53 53,710.53KWG Property NPV28-Jul-2015 YR 0.330000 G Entitlement 9-Jun-2015 1,542,500.000 509,025.00 CNY 53,710.53 53,710.53

CHINA 75,852.13 68,266.91China Construction Bank CNY124-Jul-2015 YR 0.30100 G Entitlement 23-Jun-2015 2,235,490.000 672,882.49 CNY 68,506.38 61,655.74

Sinopharm Group H CNY131-Jul-2015 FIN 0.31000 G Entitlement 25-Jun-2015 231,200.000 71,672.00 CNY 7,345.75 6,611.17

FRANCE 12,316.52 10,469.04Publicis Groupe EUR0.402-Jul-2015 YR 1.20000 N Entitlement 2-Jun-2015 14,325.000 17,190.00 EUR 12,316.52 10,469.04

HONG KONG 39,775.32 37,004.76China OS Land & Inv HKD0.108-Jul-2015 Dividend 0.35000 G Entitlement 18-Jun-2015 420,000.000 147,000.00 HKD 12,069.71 12,069.71

Cnooc Ltd HKD0.023-Jul-2015 FIN 0.32000 G Entitlement 4-Jun-2015 1,029,000.000 329,280.00 HKD 27,705.61 24,935.05

INDIA 6,190.92 6,190.92HDFC Bank ADR(V3 Ord)31-Jul-2015 YR 0.374021 G Entitlement 30-Jun-2015 26,060.000 9,746.99 USD 6,190.92 6,190.92

IRELAND 4,644.90 4,644.90Medtronic Plc Com USD0.1017-Jul-2015 QTR 0.38000 G Entitlement 25-Jun-2015 19,214.000 7,301.32 USD 4,644.90 4,644.90

JAPAN 6,898.94 6,898.94Yamaha Motor JPY5030-Sep-2015 INT 22.0000 G Entitlement 26-Jun-2015 61,000.000 1,342,000 JPY 6,898.94 6,898.94




EQUITIES 425,759.69 400,720.69

Overseas Quoted 425,759.69 400,720.69

NORWAY 20,656.37 17,557.91Yara International NOK1.721-May-2015 YR 13.0000 G Entitlement 12-May-2015 18,667.000 242,671.00 NOK 20,656.37 17,557.91

RUSSIA 6,056.35 5,147.90Magnit GDR(V0.2 Ord) Reg S16-Jul-2015 FIN 0.46684 G Entitlement 18-Jun-2015 20,382.000 9,515.13 USD 6,056.35 5,147.90

SWITZERLAND 6,797.56 4,418.42ACE CHF30.5721-Jul-2015 QTR 0.67000 G Entitlement 26-Jun-2015 15,955.000 10,689.85 USD 6,797.56 4,418.42

TAIWAN 32,248.48 25,798.79Taiwan Semiconducter SP ADR(V5 Ord)23-Jul-2015 YR 0.727664 G Entitlement 29-Jun-2015 69,723.000 50,734.92 USD 32,248.48 25,798.79

UNITED STATES 145,338.43 145,338.43Altria Group Com USD0.33310-Jul-2015 QTR 0.52000 G Entitlement 11-Jun-2015 55,306.000 28,759.12 USD 18,504.73 18,504.73

Avalonbay Communities Com USD0.0115-Jul-2015 QTR 1.25000 G Entitlement 26-Jun-2015 6,800.000 8,500.00 USD 5,405.06 5,405.06

Best Buy Com USD0.102-Jul-2015 QTR 0.23000 G Entitlement 9-Jun-2015 30,867.000 7,099.41 USD 4,648.64 4,648.64

Broadridge Financial Solutions NPV1-Jul-2015 QTR 0.27000 G Entitlement 15-Jun-2015 19,038.000 5,140.26 USD 3,301.60 3,301.60

Comcast Com USD122-Jul-2015 QTR 0.25000 G Entitlement 29-Jun-2015 40,683.000 10,170.75 USD 6,464.80 6,464.80

Dr Pepper Snapple Group Inc USD0.017-Jul-2015 QTR 0.48000 G Entitlement 11-Jun-2015 18,282.000 8,775.36 USD 5,646.40 5,646.40

Hewlett-Packard Com USD0.011-Jul-2015 YR 0.176 G Entitlement 8-Jun-2015 36,951.000 6,503.38 USD 4,266.47 4,266.47

Humana Com USD0.16631-Jul-2015 QTR 0.29000 G Entitlement 26-Jun-2015 8,968.000 2,600.72 USD 1,653.77 1,653.77

LAM Research Com USD0.0011-Jul-2015 QTR 0.30000 G Entitlement 8-Jun-2015 19,179.000 5,753.70 USD 3,774.65 3,774.65

Leggett & Platt Com USD0.0115-Jul-2015 QTR 0.31000 G Entitlement 11-Jun-2015 28,287.000 8,768.97 USD 5,642.29 5,642.29




EQUITIES 425,759.69 400,720.69

Overseas Quoted 425,759.69 400,720.69

UNITED STATES 145,338.43 145,338.43Macy's Com USD0.011-Jul-2015 QTR 0.36000 G Entitlement 11-Jun-2015 21,808.000 7,850.88 USD 5,051.56 5,051.56

Marriott Vacations Worldwide Corp2-Jul-2015 QTR 0.25000 G Entitlement 16-Jun-2015 15,457.000 3,864.25 USD 2,485.85 2,485.85

Mckesson HBOC Com USD0.011-Jul-2015 QTR 0.24000 G Entitlement 4-Jun-2015 6,912.000 1,658.88 USD 1,082.18 1,082.18

Merck & Co Com USD0.018-Jul-2015 QTR 0.45000 G Entitlement 11-Jun-2015 20,704.000 9,316.80 USD 5,994.79 5,994.79

Northern Trust Com USD1.661-Jul-2015 QTR 0.36000 G Entitlement 3-Jun-2015 15,487.000 5,575.32 USD 3,637.94 3,637.94

Occidental Ptl Com USD0.2015-Jul-2015 QTR 0.75000 G Entitlement 8-Jun-2015 28,200.000 21,150.00 USD 13,875.22 13,875.22

P G & E Com NPV15-Jul-2015 QTR 0.45500 G Entitlement 26-Jun-2015 27,775.000 12,637.63 USD 8,036.14 8,036.14

Pinnacle Foods Inc Com USD0.0110-Jul-2015 QTR 0.23500 G Entitlement 22-Jun-2015 35,250.000 8,283.75 USD 5,215.15 5,215.15

Pulte Group Com USD0.012-Jul-2015 QTR 0.08000 G Entitlement 9-Jun-2015 71,468.000 5,717.44 USD 3,743.74 3,743.74

Raytheon Com USD0.016-Aug-2015 QTR 0.67000 G Entitlement 29-Jun-2015 13,235.000 8,867.45 USD 5,636.39 5,636.39

Republic Services Com USD0.0115-Jul-2015 QTR 0.28000 G Entitlement 29-Jun-2015 28,780.000 8,058.40 USD 5,122.14 5,122.14

Reynolds American Inc USD0.00011-Jul-2015 QTR 0.67000 G Entitlement 8-Jun-2015 25,611.000 17,159.37 USD 11,257.21 11,257.21

State Street Com USD116-Jul-2015 QTR 0.34000 G Entitlement 29-Jun-2015 23,278.000 7,914.52 USD 5,030.68 5,030.68

UGI Corp NPV1-Jul-2015 QTR 0.22750 G Entitlement 11-Jun-2015 41,311.000 9,398.25 USD 6,047.20 6,047.20

Western Digital Com USD0.0115-Jul-2015 QTR 0.50000 G Entitlement 30-Jun-2015 12,009.000 6,004.50 USD 3,813.83 3,813.83




EQUITIES -580,272.54 -567,193.03

Overseas Quoted -580,272.54 -567,193.03

BRAZIL -418.58 -418.58Itau Unibanco Holding ADR(V 1 Pref)11-Jun-2015 MTH 0.004679 G Receipt 11-Jun-2015 -137,478.000 -643.26 USD -418.58 -418.58

CANADA -9,299.86 -9,299.86Brookfield Asset Management Inc Comm30-Jun-2015 QTR 0.12000 G Receipt 30-Jun-2015 -38,722.000 -4,646.64 USD -3,020.63 -3,020.63

Canadian Tire A NPV1-Jun-2015 QTR 0.52500 G Receipt 1-Jun-2015 -10,920.000 -5,733.00 CAD -3,115.45 -3,115.45

Magna International NPV12-Jun-2015 QTR 0.22000 G Receipt 12-Jun-2015 -22,122.000 -4,866.84 USD -3,163.78 -3,163.78

FRANCE -36,777.77 -31,179.79Credit Agricole EUR323-Jun-2015 YR 0.35000 N Receipt 23-Jun-2015 -100,797.000 -35,278.95 EUR -25,026.18 -21,213.53

Valeo EUR31-Jun-2015 YR 2.20000 N Receipt 1-Jun-2015 -7,530.000 -16,566.00 EUR -11,751.59 -9,966.26

INDONESIA -25,761.45 -20,649.17Telekomunikasi Indo Spn ADR(V20 Ord)4-Jun-2015 SPL 0.225891 G Receipt 4-Jun-2015 -28,910.000 -6,530.51 USD -4,293.56 -3,441.524-Jun-2015 YR 1.129459 G Receipt 4-Jun-2015 -28,910.000 -32,652.66 USD -21,467.89 -17,207.65

ISRAEL -4,276.27 -3,616.92Teva Pharm ADR(V 1 Ord)4-Jun-2015 QTR 0.34000 G Receipt 4-Jun-2015 -19,818.000 -6,738.12 USD -4,276.27 -3,616.92

JAPAN -245,159.34 -245,159.34Asahi Kasei JPY504-Jun-2015 FIN 10.0000 G Receipt 4-Jun-2015 -133,000.000 -1,330,000 JPY -7,528.66 -7,528.66

Brother Industries JPY502-Jun-2015 FIN 15.0000 G Receipt 2-Jun-2015 -59,100.000 -886,500 JPY -5,018.16 -5,018.16

FUJIFILM Holdings Corp NPV29-Jun-2015 FIN 35.0000 G Receipt 29-Jun-2015 -36,500.000 -1,277,500 JPY -7,231.47 -7,231.47

JFE Holdings NPV26-Jun-2015 FIN 40.0000 G Receipt 26-Jun-2015 -54,500.000 -2,180,000 JPY -12,340.20 -12,340.20

Japan Aviation Electronics NPV8-Jun-2015 FIN 15.0000 G Receipt 8-Jun-2015 -50,000.000 -750,000 JPY -4,245.48 -4,245.48




EQUITIES -580,272.54 -567,193.03

Overseas Quoted -580,272.54 -567,193.03

JAPAN -245,159.34 -245,159.34KDDI JPY500018-Jun-2015 FIN 90.0000 G Receipt 18-Jun-2015 -22,400.000 -2,016,000 JPY -11,411.86 -11,411.86

Kawasaki Kisen JPY5025-Jun-2015 FIN 6.00000 G Receipt 25-Jun-2015 -429,000.000 -2,574,000 JPY -14,570.50 -14,570.50

Kubota JPY5022-Jun-2015 FIN 16.0000 G Receipt 22-Jun-2015 -95,000.000 -1,520,000 JPY -8,604.18 -8,604.18

Mitsubishi Corp NPV22-Jun-2015 FIN 30.0000 G Receipt 22-Jun-2015 -80,400.000 -2,412,000 JPY -13,653.47 -13,653.47

Mitsubishi Electric JPY502-Jun-2015 FIN 18.0000 G Receipt 2-Jun-2015 -135,000.000 -2,430,000 JPY -13,755.36 -13,755.36

Nh Foods Ltd3-Jun-2015 YR 46.0000 G Receipt 3-Jun-2015 -54,000.000 -2,484,000 JPY -14,061.04 -14,061.04

Orix JPY503-Jun-2015 YR 36.0000 G Receipt 3-Jun-2015 -121,500.000 -4,374,000 JPY -24,759.65 -24,759.65

Rohm JPY5029-Jun-2015 FIN 85.0000 G Receipt 29-Jun-2015 -19,600.000 -1,666,000 JPY -9,430.63 -9,430.63

Sompo Japan Nipponkoa Holdings NPV23-Jun-2015 FIN 40.0000 G Receipt 23-Jun-2015 -25,100.000 -1,004,000 JPY -5,683.29 -5,683.29

Sumitomo Electric Industries JPY5026-Jun-2015 FIN 18.0000 G Receipt 26-Jun-2015 -85,400.000 -1,537,200 JPY -8,701.54 -8,701.54

Sumitomo Heavy Industries JPY5029-Jun-2015 FIN 7.00000 G Receipt 29-Jun-2015 -246,000.000 -1,722,000 JPY -9,747.63 -9,747.63

Sumitomo Mitsui Financial NPV26-Jun-2015 FIN 80.0000 G Receipt 26-Jun-2015 -61,300.000 -4,904,000 JPY -27,759.79 -27,759.79

Toyota Motor JPY5017-Jun-2015 FIN 125.000 G Receipt 17-Jun-2015 -46,300.000 -5,787,500 JPY -32,760.97 -32,760.97

West Japan Railway NPV24-Jun-2015 FIN 65.0000 G Receipt 24-Jun-2015 -22,500.000 -1,462,500 JPY -8,278.69 -8,278.69

Yamaha JPY5024-Jun-2015 FIN 22.5000 G Receipt 24-Jun-2015 -44,100.000 -992,250 JPY -5,616.77 -5,616.77




EQUITIES -580,272.54 -567,193.03

Overseas Quoted -580,272.54 -567,193.03

NETHERLANDS -19,803.03 -18,093.13Lyondell Basell Industries NPV15-Jun-2015 QTR 0.78000 N Receipt 15-Jun-2015 -16,922.000 -13,199.16 USD -8,609.46 -8,609.46

Unilever EUR0.163-Jun-2015 INT 0.30200 G Receipt 3-Jun-2015 -51,982.000 -15,698.56 EUR -11,193.57 -9,483.67

SINGAPORE -12,765.70 -12,765.70DBS Group SGD112-Jun-2015 FIN 0.30000 N Receipt 12-Jun-2015 -86,000.000 -25,800.00 SGD -12,765.70 -12,765.70

UNITED STATES -226,010.54 -226,010.54Amgen Com USD0.00015-Jun-2015 QTR 0.79000 G Receipt 5-Jun-2015 -8,244.000 -6,512.76 USD -4,185.17 -4,185.17

Ashland Com USD115-Jun-2015 QTR 0.39000 G Receipt 15-Jun-2015 -10,460.000 -4,079.40 USD -2,651.89 -2,651.89

Broadcom A Com USD0.000115-Jun-2015 QTR 0.14000 G Receipt 15-Jun-2015 -30,366.000 -4,251.24 USD -2,763.60 -2,763.60

Chevron Corp Com USD0.7510-Jun-2015 QTR 1.07000 G Receipt 10-Jun-2015 -21,684.000 -23,201.88 USD -14,724.81 -14,724.81

Conagra Com USD52-Jun-2015 QTR 0.25000 G Receipt 2-Jun-2015 -24,028.000 -6,007.00 USD -3,949.38 -3,949.38

Energizer Holding Com USD0.0110-Jun-2015 QTR 0.50000 G Receipt 10-Jun-2015 -8,527.000 -4,263.50 USD -2,699.78 -2,699.78

Estee Lauder Cl A Com USD0.0115-Jun-2015 QTR 0.24000 G Receipt 15-Jun-2015 -11,800.000 -2,832.00 USD -1,840.99 -1,840.99

Exxon Mobil Com NPV10-Jun-2015 QTR 0.73000 G Receipt 10-Jun-2015 -30,015.000 -21,910.95 USD -14,205.75 -14,205.75

Hanesbrands Inc Com USD0.0111-Jun-2015 QTR 0.10000 G Receipt 11-Jun-2015 -38,275.000 -3,827.50 USD -2,440.39 -2,440.39

Honeywell International Com USD110-Jun-2015 QTR 0.51750 G Receipt 10-Jun-2015 -19,382.000 -10,030.19 USD -6,395.17 -6,395.17

Johnson & Johnson Com USD19-Jun-2015 QTR 0.75000 G Receipt 9-Jun-2015 -48,361.000 -36,270.75 USD -23,316.99 -23,316.99




EQUITIES -580,272.54 -567,193.03

Overseas Quoted -580,272.54 -567,193.03

UNITED STATES -226,010.54 -226,010.54Jones Lang Lasalle Com USD0.0115-Jun-2015 HYR 0.27000 G Receipt 15-Jun-2015 -10,225.000 -2,760.75 USD -1,762.54 -1,762.54

Juniper Networks Com USD 0.0000123-Jun-2015 QTR 0.10000 G Receipt 23-Jun-2015 -48,535.000 -4,853.50 USD -3,174.09 -3,174.09

Kroger Com USD11-Jun-2015 QTR 0.18500 G Receipt 1-Jun-2015 -19,811.000 -3,665.04 USD -2,339.86 -2,339.86

Marathon Oil Com USD110-Jun-2015 QTR 0.21000 G Receipt 10-Jun-2015 -56,056.000 -11,771.76 USD -7,454.26 -7,454.26

Marathon Petroleum Corporation NPV10-Jun-2015 QTR 0.50000 G Receipt 10-Jun-2015 -12,861.000 -6,430.50 USD -4,072.00 -4,072.00

Metlife Com USD0.0112-Jun-2015 QTR 0.37500 G Receipt 12-Jun-2015 -36,639.000 -13,739.63 USD -9,009.59 -9,009.59

Microsoft Com NPV11-Jun-2015 QTR 0.31000 G Receipt 11-Jun-2015 -115,393.000 -35,771.83 USD -22,807.85 -22,807.85

Molson Coors Brewing Co B Ord USD0.0115-Jun-2015 QTR 0.410 G Receipt 15-Jun-2015 -6,729.000 -2,758.89 USD -1,793.47 -1,793.47

Northrop Grumman Corp Com USD117-Jun-2015 QTR 0.80000 G Receipt 17-Jun-2015 -9,428.000 -7,542.40 USD -4,919.71 -4,919.71

Paccar Com USD15-Jun-2015 QTR 0.22000 G Receipt 5-Jun-2015 -21,839.000 -4,804.58 USD -3,049.17 -3,049.17

Pfizer Com USD0.052-Jun-2015 QTR 0.28000 G Receipt 2-Jun-2015 -123,240.000 -34,507.20 USD -22,717.80 -22,717.80

Phillips 66 Com NPV1-Jun-2015 QTR 0.56000 G Receipt 1-Jun-2015 -26,062.000 -14,594.72 USD -9,280.63 -9,280.63

Pinnacle West Cap Com NPV1-Jun-2015 QTR 0.59500 G Receipt 1-Jun-2015 -16,097.000 -9,577.72 USD -6,197.37 -6,197.37

Robert Half International Com USD0.00115-Jun-2015 QTR 0.20000 G Receipt 15-Jun-2015 -22,280.000 -4,456.00 USD -2,874.38 -2,874.38

Snap-On Com USD110-Jun-2015 QTR 0.53000 G Receipt 10-Jun-2015 -7,800.000 -4,134.00 USD -2,617.78 -2,617.78




EQUITIES -580,272.54 -567,193.03

Overseas Quoted -580,272.54 -567,193.03

UNITED STATES -226,010.54 -226,010.54Suntrust Banks Com USD115-Jun-2015 QTR 0.24000 G Receipt 15-Jun-2015 -36,395.000 -8,734.80 USD -5,678.22 -5,678.22

Teradyne Com USD0.12526-Jun-2015 QTR 0.06000 G Receipt 26-Jun-2015 -78,382.000 -4,702.92 USD -3,075.61 -3,075.61

Time Inc Com USD0.0115-Jun-2015 QTR 0.19000 G Receipt 15-Jun-2015 -70,608.000 -13,415.52 USD -8,721.00 -8,721.00

Time Warner Inc USD0.0115-Jun-2015 QTR 0.35000 G Receipt 15-Jun-2015 -24,182.000 -8,463.70 USD -5,501.98 -5,501.98

Universal Health B Com USD0.0115-Jun-2015 QTR 0.10000 G Receipt 15-Jun-2015 -10,609.000 -1,060.90 USD -692.00 -692.00

Voya Financial Inc Com USD0.0130-Jun-2015 QTR 0.01000 G Receipt 30-Jun-2015 -30,203.000 -302.03 USD -196.34 -196.34

Wells Fargo & Co Com USD1.6661-Jun-2015 QTR 0.37500 G Receipt 1-Jun-2015 -76,559.000 -28,709.63 USD -18,900.97 -18,900.97

CITY AND COUNTY OF SWANSEA INCOME RECEIVABLE Page 11Schroders Property 30-Jun-2015



POOLED INVESTMENT VEHICLES 19,366.62 16,174.64

Managed Funds - Other 19,366.62 16,174.64

CHANNEL ISLANDS 19,366.62 16,174.64Blackrock UK Property Fund20-Jul-2015 Dividend 0.163745060000 G Entitlement 29-Jun-2015 118,273.000 19,366.62 GBP 19,366.62 16,174.64

CITY AND COUNTY OF SWANSEA INCOME RECEIVABLE Page 12Schroders UK Equity 30-Jun-2015



EQUITIES 848,142.66 848,142.66

UK Quoted 848,142.66 848,142.66

###Spirax-Sarco Engineering Plc Ord15-Jul-2015 SPL 1.200000 N Entitlement 15-Jun-2015 156,756.000 188,107.20 GBP 188,107.20 188,107.20

Daily Mail & General Trust Ord NV3-Jul-2015 INT 0.065000 N Entitlement 4-Jun-2015 761,719.000 49,511.74 GBP 49,511.74 49,511.74

Vodafone Group Ord USD0.20952385-Aug-2015 FIN 0.076200 N Entitlement 11-Jun-2015 6,592,003.000 502,310.63 GBP 502,310.63 502,310.63

\\\Intm Capital Group Ord GBP0.2028-Jul-2015 FIN 0.151000 N Entitlement 11-Jun-2015 716,643.000 108,213.09 GBP 108,213.09 108,213.09




EQUITIES -1,264,264.96 -1,262,600.35

UK Quoted -1,264,264.96 -1,262,600.35

BP Plc Ord USD0.2519-Jun-2015 INT 0.065295 N Receipt 19-Jun-2015 -2,112,772.000 -137,953.45 GBP -137,953.45 -137,953.45

Barclays Ord GBP0.2515-Jun-2015 INT 0.010000 N Receipt 15-Jun-2015 -4,477,507.000 -44,775.07 GBP -44,775.07 -44,775.07

Carnival Ord USD1.6612-Jun-2015 INT 0.25000 N Receipt 12-Jun-2015 -313,159.000 -78,289.75 USD -50,329.30 -50,329.30

Centrica Ord GBP0.06172825-Jun-2015 FIN 0.084000 N Receipt 25-Jun-2015 -2,535,382.000 -212,972.09 GBP -212,972.09 -212,972.09

G4S Ord GBP0.2512-Jun-2015 FIN 0.058200 N Receipt 12-Jun-2015 -934,800.000 -54,405.36 GBP -54,405.36 -54,405.36

Imperial Tobacco Group Ord GBP0.1030-Jun-2015 INT 0.214000 N Receipt 30-Jun-2015 -390,380.000 -83,541.32 GBP -83,541.32 -83,541.32

Legal & General Ord GBP0.0254-Jun-2015 FIN 0.083500 N Receipt 4-Jun-2015 -4,383,296.000 -366,005.22 GBP -366,005.22 -366,005.22

Royal Dutch Shell 'A' EUR0.0722-Jun-2015 INT 0.4195 G Receipt 22-Jun-2015 -37,674.000 -15,804.24 EUR -11,408.98 -9,744.37

Royal Dutch Shell 'B' EUR0.0722-Jun-2015 INT 0.307500 N Receipt 22-Jun-2015 -671,345.000 -206,438.59 GBP -206,438.59 -206,438.59

Sage Group Ord GBP0.01051955-Jun-2015 INT 0.044500 N Receipt 5-Jun-2015 -623,681.000 -27,753.81 GBP -27,753.81 -27,753.81

Unilever Ord GBP0.0313-Jun-2015 INT 0.218000 N Receipt 3-Jun-2015 -315,054.000 -68,681.77 GBP -68,681.77 -68,681.77


GEOGRAPHICAL SUMMARY

Total payments aged by month (Gross) (GBP)

Country 5+ 5 - 4 4 - 3 3 - 2 2 - 1 1 - 0 Total-------------- -------------- -------------- -------------- -------------- -------------- -------------- --------------Japan 0.00 0.00 0.00 0.00 0.00 25,011.98 25,011.98

South American 0.00 0.00 0.00 0.00 0.00 16,637.38 16,637.38

United States 0.00 0.00 0.00 0.00 0.00 44,182.02 44,182.02

Taiwan 0.00 0.00 0.00 0.00 0.00 97,684.82 97,684.82

-------------- -------------- -------------- -------------- -------------- -------------- -------------- ==============Total 0.00 0.00 0.00 0.00 0.00 183,516.20 183,516.20

-------------- -------------- -------------- -------------- -------------- -------------- -------------- ==============




Country 5+ 5 - 4 4 - 3 3 - 2 2 - 1 1 - 0 Total-------------- -------------- -------------- -------------- -------------- -------------- -------------- --------------United Kingdom 0.00 0.00 0.00 0.00 0.00 40,488.95 40,488.95

Japan 0.00 0.00 0.00 0.00 0.00 68,911.88 68,911.88

South American 0.00 0.00 0.00 0.00 0.00 1,534.00 1,534.00

United States 0.00 0.00 0.00 0.00 0.00 45,684.69 45,684.69

-------------- -------------- -------------- -------------- -------------- -------------- -------------- ==============Total 0.00 0.00 0.00 0.00 0.00 156,619.52 156,619.52

-------------- -------------- -------------- -------------- -------------- -------------- -------------- ==============




Country 5+ 5 - 4 4 - 3 3 - 2 2 - 1 1 - 0 Total-------------- -------------- -------------- -------------- -------------- -------------- -------------- --------------Canada 0.00 0.00 0.00 0.00 0.00 14,276.08 14,276.08

Caribbean 0.00 0.00 0.00 0.00 0.00 53,710.53 53,710.53

France 0.00 0.00 0.00 0.00 0.00 12,316.52 12,316.52

Hong Kong 0.00 0.00 0.00 0.00 0.00 39,775.32 39,775.32

Japan 0.00 0.00 0.00 0.00 0.00 6,898.94 6,898.94

Norway 0.00 0.00 0.00 0.00 20,656.37 0.00 20,656.37

South American 0.00 0.00 0.00 0.00 0.00 997.16 997.16

United States 0.00 0.00 0.00 0.00 0.00 145,338.43 145,338.43

Switzerland 0.00 0.00 0.00 0.00 0.00 6,797.56 6,797.56

Taiwan 0.00 0.00 0.00 0.00 0.00 32,248.48 32,248.48

Other Asian 0.00 0.00 0.00 0.00 0.00 82,043.05 82,043.05

Other Eastern 0.00 0.00 0.00 0.00 0.00 6,056.35 6,056.35

Ireland 0.00 0.00 0.00 0.00 0.00 4,644.90 4,644.90

-------------- -------------- -------------- -------------- -------------- -------------- -------------- ==============Total 0.00 0.00 0.00 0.00 20,656.37 405,103.32 425,759.69

-------------- -------------- -------------- -------------- -------------- -------------- -------------- ==============




Country 5+ 5 - 4 4 - 3 3 - 2 2 - 1 1 - 0 Total-------------- -------------- -------------- -------------- -------------- -------------- -------------- --------------Canada 0.00 0.00 0.00 0.00 0.00 9,299.86 9,299.86

France 0.00 0.00 0.00 0.00 0.00 36,777.77 36,777.77

Indonesia 0.00 0.00 0.00 0.00 0.00 25,761.45 25,761.45

Japan 0.00 0.00 0.00 0.00 0.00 245,159.34 245,159.34

Middle East 0.00 0.00 0.00 0.00 0.00 4,276.27 4,276.27

Netherlands 0.00 0.00 0.00 0.00 0.00 19,803.03 19,803.03

Singapore 0.00 0.00 0.00 0.00 0.00 12,765.70 12,765.70

South American 0.00 0.00 0.00 0.00 0.00 418.58 418.58

United States 0.00 0.00 0.00 0.00 0.00 226,010.54 226,010.54

-------------- -------------- -------------- -------------- -------------- -------------- -------------- ==============Total 0.00 0.00 0.00 0.00 0.00 580,272.54 580,272.54

-------------- -------------- -------------- -------------- -------------- -------------- -------------- ==============

CITY AND COUNTY OF SWANSEA INCOME RECEIVABLE Page 18Schroders Property 30-Jun-2015



Country 5+ 5 - 4 4 - 3 3 - 2 2 - 1 1 - 0 Total-------------- -------------- -------------- -------------- -------------- -------------- -------------- --------------Channel Island 0.00 0.00 0.00 0.00 0.00 19,366.62 19,366.62

-------------- -------------- -------------- -------------- -------------- -------------- -------------- ==============Total 0.00 0.00 0.00 0.00 0.00 19,366.62 19,366.62

-------------- -------------- -------------- -------------- -------------- -------------- -------------- ==============




Country 5+ 5 - 4 4 - 3 3 - 2 2 - 1 1 - 0 Total-------------- -------------- -------------- -------------- -------------- -------------- -------------- --------------United Kingdom 0.00 0.00 0.00 0.00 0.00 848,142.66 848,142.66

-------------- -------------- -------------- -------------- -------------- -------------- -------------- ==============Total 0.00 0.00 0.00 0.00 0.00 848,142.66 848,142.66

-------------- -------------- -------------- -------------- -------------- -------------- -------------- ==============




Country 5+ 5 - 4 4 - 3 3 - 2 2 - 1 1 - 0 Total-------------- -------------- -------------- -------------- -------------- -------------- -------------- --------------United Kingdom 0.00 0.00 0.00 0.00 0.00 1,264,264.96 1,264,264.96

-------------- -------------- -------------- -------------- -------------- -------------- -------------- ==============Total 0.00 0.00 0.00 0.00 0.00 1,264,264.96 1,264,264.96

-------------- -------------- -------------- -------------- -------------- -------------- -------------- ==============

CITY AND COUNTY OF SWANSEA INCOME RECEIPTS REPORT Page 1SWA aggregate global2 1-Jun-2015 to 30-Jun-2015

Asset Name Income Due Date Gross Income(GBP) Non-Recl. Tax(GBP) Domestic Tax(EUR) Expenses (GBP) Net Income Rate Ex Date Entitled Qty Recoverable Tax(GBP) Offsettable Tax(GBP) Write-Offs (GBP)

EQUITIES 187,791.03 224.57 0.00 0.00 181,399.55 GBP6,166.91 0.00 0.00

UK Quoted 41,112.75 0.00 0.00 0.00 34,945.84 GBP6,166.91 0.00 0.00

UNITED KINGDOMRoyal Dutch Shell 'A' EUR0.07 22-Jun-2015 41,112.75 0.00 0.00 0.00 34,945.84 GBP

0.41950 EUR 14-May-2015 133,700.0000 6,166.91 0.00 0.00 47,674.08 EU

Overseas Quoted 146,678.28 224.57 0.00 0.00 146,453.71 GBP0.00 0.00 0.00

BRAZILBanco Bradesco ADR(V1 Pref) 8-Jun-2015 1,497.15 224.57 0.00 0.00 1,272.58 GBP

0.005937 USD 5-May-2015 390,607.0000 0.00 0.00 0.00 1,971.18 US

CANADACanadian National Railway NPV 30-Jun-2015 7,203.04 0.00 0.00 0.00 7,203.04 GBP

0.31250 CAD 5-Jun-2015 45,200.0000 0.00 0.00 0.00 14,125.00 CA

JAPANDaito Trust Construction NPV 26-Jun-2015 11,637.22 0.00 0.00 0.00 11,637.22 GBP

170.000 JPY 27-Mar-2015 13,300.0000 0.00 0.00 0.00 2,261,000.00 JP

Daito Trust Construction NPV 26-Jun-2015 1,369.09 0.00 0.00 0.00 1,369.09 GBP20.0000 JPY 27-Mar-2015 13,300.0000 0.00 0.00 0.00 266,000.00 JP

Fanuc Corporation JPY50 29-Jun-2015 34,096.06 0.00 0.00 0.00 34,096.06 GBP491.930 JPY 27-Mar-2015 13,400.0000 0.00 0.00 0.00 6,591,862.00 JP

Shin-Etsu Chemical JPY50 29-Jun-2015 15,801.82 0.00 0.00 0.00 15,801.82 GBP50.0000 JPY 27-Mar-2015 61,100.0000 0.00 0.00 0.00 3,055,000.00 JP

UNITED STATESChevron Corp Com USD0.75 10-Jun-2015 11,462.65 0.00 0.00 0.00 11,462.65 GBP

1.07000 USD 15-May-2015 16,600.0000 0.00 0.00 0.00 17,762.00 US

Johnson & Johnson Com USD1 9-Jun-2015 17,335.68 0.00 0.00 0.00 17,335.68 GBP0.75000 USD 21-May-2015 35,800.0000 0.00 0.00 0.00 26,850.00 US

Pepsico Com USD0.017 30-Jun-2015 20,763.84 0.00 0.00 0.00 20,763.84 GBP0.70250 USD 3-Jun-2015 46,600.0000 0.00 0.00 0.00 32,736.50 US

Praxair Com USD0.01 15-Jun-2015 8,144.06 0.00 0.00 0.00 8,144.06 GBP0.71500 USD 3-Jun-2015 17,800.0000 0.00 0.00 0.00 12,727.00 US

TJX Cos New Com USD1 4-Jun-2015 2,899.38 0.00 0.00 0.00 2,899.38 GBP0.21000 USD 12-May-2015 21,200.0000 0.00 0.00 0.00 4,452.00 US


Asset Name Income Due Date Gross Income(GBP) Non-Recl. Tax(GBP) Domestic Tax(USD) Expenses (GBP) Net Income Rate Ex Date Entitled Qty Recoverable Tax(GBP) Offsettable Tax(GBP) Write-Offs (GBP)

EQUITIES 187,791.03 224.57 0.00 0.00 181,399.55 GBP6,166.91 0.00 0.00

Overseas Quoted 146,678.28 224.57 0.00 0.00 146,453.71 GBP0.00 0.00 0.00

UNITED STATESUnited Technologies Com USD1 10-Jun-2015 11,812.43 0.00 0.00 0.00 11,812.43 GBP

0.64000 USD 13-May-2015 28,600.0000 0.00 0.00 0.00 18,304.00 US

Visa Com - Class A Shares USD0.0001 2-Jun-2015 2,655.86 0.00 0.00 0.00 2,655.86 GBP0.12000 USD 13-May-2015 34,000.0000 0.00 0.00 0.00 4,080.00 US


Asset Name Income Due Date Gross Income(GBP) Non-Recl. Tax(GBP) Domestic Tax(EUR) Expenses (GBP) Net Income Rate Ex Date Entitled Qty Recoverable Tax(GBP) Offsettable Tax(GBP) Write-Offs (GBP)

EQUITIES 817,584.13 21,543.83 0.00 1,299.94 785,707.10 GBP9,033.28 0.00 0.00

Overseas Quoted 817,584.13 21,543.83 0.00 1,299.94 785,707.10 GBP9,033.28 0.00 0.00

BELGIUMDelhaize EUR1 4-Jun-2015 16,940.65 0.00 0.00 0.00 16,940.65 GBP

1.20000 EUR 2-Jun-2015 14,407.0000 0.00 0.00 0.00 23,051.20 EU

BRAZILItau Unibanco Holding ADR(V 1 Pref) 11-Jun-2015 413.90 0.00 0.00 0.00 413.90 GBP

0.004679 USD 1-May-2015 137,478.0000 0.00 0.00 0.00 643.26 US

CANADABrookfield Asset Management Inc 30-Jun-2015 2,951.37 0.00 0.00 0.00 2,951.37 GBP

0.12000 CAD 27-May-2015 38,722.0000 0.00 0.00 0.00 4,646.64 US

Canadian Tire A NPV 1-Jun-2015 3,009.82 0.00 0.00 0.00 3,009.82 GBP0.52500 CAD 28-Apr-2015 10,920.0000 0.00 0.00 0.00 5,733.00 CA

Magna International NPV 12-Jun-2015 3,140.00 0.00 0.00 0.00 3,140.00 GBP0.22000 CAD 27-May-2015 22,122.0000 0.00 0.00 0.00 4,866.84 US

Suncor Energy Com NPV 25-Jun-2015 7,466.05 0.00 0.00 0.00 7,466.05 GBP0.28000 CAD 2-Jun-2015 51,969.0000 0.00 0.00 0.00 14,551.32 CA

CHINAAnhui Conch Cement CNY1 25-Jun-2015 23,150.19 2,315.02 0.00 0.00 20,835.17 GBP

0.65000 HKD 4-Jun-2015 347,500.0000 0.00 0.00 0.00 203,287.50 CN

FRANCECredit Agricole EUR3 23-Jun-2015 25,417.66 3,812.65 0.00 0.00 21,605.01 GBP

0.35000 EUR 28-May-2015 100,797.0000 0.00 0.00 0.00 29,987.11 EU

ORANGE EUR4 10-Jun-2015 22,902.46 3,435.37 0.00 0.00 19,467.09 GBP0.40000 EUR 8-Jun-2015 77,993.0000 0.00 0.00 0.00 26,517.62 EU

Valeo EUR3 1-Jun-2015 11,902.18 1,785.33 0.00 0.00 10,116.85 GBP2.20000 EUR 28-May-2015 7,530.0000 0.00 0.00 0.00 14,081.10 EU

HONG KONGChina Mobile (HK) Ltd HKD0.10 30-Jun-2015 11,419.04 1,141.90 0.00 0.00 10,277.14 GBP

1.38000 HKD 4-Jun-2015 101,000.0000 0.00 0.00 0.00 125,442.00 HK

INDIAInfosys Limited ADR(V 1 Ord) 25-Jun-2015 12,640.54 0.00 0.00 545.56 12,094.99 GBP

0.46340 USD 11-Jun-2015 42,878.0000 0.00 0.00 0.00 19,012.11 US



EQUITIES 817,584.13 21,543.83 0.00 1,299.94 785,707.10 GBP9,033.28 0.00 0.00


INDONESIATelekomunikasi Indo Spn ADR(V20 4-Jun-2015 21,301.23 4,260.25 0.00 377.19 16,663.79 GBP

1.129459 USD 28-Apr-2015 28,910.0000 0.00 0.00 0.00 25,543.93 US

Telekomunikasi Indo Spn ADR(V20 4-Jun-2015 4,260.23 852.05 0.00 377.19 3,030.99 GBP0.225891 USD 28-Apr-2015 28,910.0000 0.00 0.00 0.00 4,646.21 US

IRELANDIngersoll-Rand Com USD2 30-Jun-2015 4,447.44 0.00 0.00 0.00 4,447.44 GBP

0.29000 USD 10-Jun-2015 24,145.0000 0.00 0.00 0.00 7,002.05 US

XL Group Plc USD0.01 30-Jun-2015 3,638.21 0.00 0.00 0.00 3,638.21 GBP0.16000 USD 11-Jun-2015 35,800.0000 0.00 0.00 0.00 5,728.00 US

ISRAELTeva Pharm ADR(V 1 Ord) 4-Jun-2015 4,395.67 659.35 0.00 0.00 3,736.32 GBP

0.34000 USD 15-May-2015 19,818.0000 0.00 0.00 0.00 5,727.40 US

ITALYEnel EUR1 24-Jun-2015 10,655.57 1,172.11 0.00 0.00 9,483.46 GBP

0.05000 EUR 22-Jun-2015 299,711.0000 0.00 0.00 0.00 13,337.14 EU

Enel EUR1 24-Jun-2015 19,180.03 2,109.80 0.00 0.00 17,070.23 GBP0.09000 EUR 22-Jun-2015 299,711.0000 0.00 0.00 0.00 24,006.85 EU

JAPANAsahi Kasei JPY50 4-Jun-2015 6,988.90 0.00 0.00 0.00 6,988.90 GBP

10.0000 JPY 27-Mar-2015 133,000.0000 0.00 0.00 0.00 1,330,000.00 JP

Brother Industries JPY50 2-Jun-2015 4,681.41 0.00 0.00 0.00 4,681.41 GBP15.0000 JPY 27-Mar-2015 59,100.0000 0.00 0.00 0.00 886,500.00 JP

FUJIFILM Holdings Corp NPV 29-Jun-2015 6,550.87 0.00 0.00 0.00 6,550.87 GBP35.0000 JPY 27-Mar-2015 36,500.0000 0.00 0.00 0.00 1,277,500.00 JP

Japan Aviation Electronics NPV 8-Jun-2015 3,916.03 0.00 0.00 0.00 3,916.03 GBP15.0000 JPY 27-Mar-2015 50,000.0000 0.00 0.00 0.00 750,000.00 JP

JFE Holdings NPV 26-Jun-2015 11,206.91 0.00 0.00 0.00 11,206.91 GBP40.0000 JPY 27-Mar-2015 54,500.0000 0.00 0.00 0.00 2,180,000.00 JP

Kawasaki Kisen JPY50 25-Jun-2015 13,169.61 0.00 0.00 0.00 13,169.61 GBP6.00000 JPY 27-Mar-2015 429,000.0000 0.00 0.00 0.00 2,574,000.00 JP


Asset Name Income Due Date Gross Income(GBP) Non-Recl. Tax(GBP) Domestic Tax(JPY) Expenses (GBP) Net Income Rate Ex Date Entitled Qty Recoverable Tax(GBP) Offsettable Tax(GBP) Write-Offs (GBP)

EQUITIES 817,584.13 21,543.83 0.00 1,299.94 785,707.10 GBP9,033.28 0.00 0.00


JAPANKDDI JPY5000 18-Jun-2015 10,327.38 0.00 0.00 0.00 10,327.38 GBP

90.0000 JPY 27-Mar-2015 22,400.0000 0.00 0.00 0.00 2,016,000.00 JP

Kubota JPY50 22-Jun-2015 7,795.19 0.00 0.00 0.00 7,795.19 GBP16.0000 JPY 27-Mar-2015 95,000.0000 0.00 0.00 0.00 1,520,000.00 JP

Mitsubishi UFJ Financial Group 25-Jun-2015 15,513.43 0.00 0.00 0.00 15,513.43 GBP9.0000 JPY 27-Mar-2015 336,900.0000 0.00 0.00 0.00 3,032,100.00 JP

Mitsubishi Corp NPV 22-Jun-2015 12,369.74 0.00 0.00 0.00 12,369.74 GBP30.0000 JPY 27-Mar-2015 80,400.0000 0.00 0.00 0.00 2,412,000.00 JP

Mitsubishi Electric JPY50 2-Jun-2015 12,832.30 0.00 0.00 0.00 12,832.30 GBP18.0000 JPY 27-Mar-2015 135,000.0000 0.00 0.00 0.00 2,430,000.00 JP

Nh Foods Ltd 3-Jun-2015 13,060.13 0.00 0.00 0.00 13,060.13 GBP46.0000 JPY 27-Mar-2015 54,000.0000 0.00 0.00 0.00 2,484,000.00 JP

Orix JPY50 3-Jun-2015 22,997.19 0.00 0.00 0.00 22,997.19 GBP36.0000 JPY 27-Mar-2015 121,500.0000 0.00 0.00 0.00 4,374,000.00 JP

Rohm JPY50 29-Jun-2015 8,543.06 0.00 0.00 0.00 8,543.06 GBP85.0000 JPY 27-Mar-2015 19,600.0000 0.00 0.00 0.00 1,666,000.00 JP

Sompo Japan Nipponkoa Holdings NPV 23-Jun-2015 5,151.32 0.00 0.00 0.00 5,151.32 GBP40.0000 JPY 27-Mar-2015 25,100.0000 0.00 0.00 0.00 1,004,000.00 JP

Sumitomo Electric Industries JPY50 26-Jun-2015 7,902.42 0.00 0.00 0.00 7,902.42 GBP18.0000 JPY 27-Mar-2015 85,400.0000 0.00 0.00 0.00 1,537,200.00 JP

Sumitomo Heavy Industries JPY50 29-Jun-2015 8,830.22 0.00 0.00 0.00 8,830.22 GBP7.00000 JPY 27-Mar-2015 246,000.0000 0.00 0.00 0.00 1,722,000.00 JP

Sumitomo Mitsui Financial NPV 26-Jun-2015 25,210.42 0.00 0.00 0.00 25,210.42 GBP80.0000 JPY 27-Mar-2015 61,300.0000 0.00 0.00 0.00 4,904,000.00 JP

Toyota Motor JPY50 17-Jun-2015 30,007.70 0.00 0.00 0.00 30,007.70 GBP125.000 JPY 27-Mar-2015 46,300.0000 0.00 0.00 0.00 5,787,500.00 JP

West Japan Railway NPV 24-Jun-2015 7,505.92 0.00 0.00 0.00 7,505.92 GBP65.0000 JPY 27-Mar-2015 22,500.0000 0.00 0.00 0.00 1,462,500.00 JP

Yamaha JPY50 24-Jun-2015 5,092.47 0.00 0.00 0.00 5,092.47 GBP22.5000 JPY 27-Mar-2015 44,100.0000 0.00 0.00 0.00 992,250.00 JP



EQUITIES 817,584.13 21,543.83 0.00 1,299.94 785,707.10 GBP9,033.28 0.00 0.00


NETHERLANDSLyondell Basell Industries NPV 15-Jun-2015 8,477.85 0.00 0.00 0.00 8,477.85 GBP

0.78000 USD 28-May-2015 16,922.0000 0.00 0.00 0.00 13,199.16 US

NN Group NV NPV 30-Jun-2015 19,326.52 0.00 0.00 0.00 16,427.54 GBP0.57000 EUR 2-Jun-2015 47,874.0000 2,898.98 0.00 0.00 23,194.95 EU

Unilever EUR0.16 3-Jun-2015 11,399.39 0.00 0.00 0.00 9,689.49 GBP0.30200 EUR 23-Apr-2015 51,982.0000 1,709.91 0.00 0.00 13,343.78 EU

SINGAPOREAvago Tech NPV 30-Jun-2015 2,530.49 0.00 0.00 0.00 2,530.49 GBP

0.40000 USD 17-Jun-2015 9,960.0000 0.00 0.00 0.00 3,984.00 US

DBS Group SGD1 12-Jun-2015 12,359.44 0.00 0.00 0.00 12,359.44 GBP0.30000 SGD 27-Apr-2015 86,000.0000 0.00 0.00 0.00 25,800.00 SG

SPAINCorporacion Mapfre R EUR0.5 18-Jun-2015 22,121.96 0.00 0.00 0.00 17,697.57 GBP

0.06400 EUR 18-Jun-2015 386,743.0000 4,424.39 0.00 0.00 24,751.55 EU

SWITZERLANDT E Connectivity CHF2.6 12-Jun-2015 4,752.37 0.00 0.00 0.00 4,752.37 GBP

0.330 USD 27-May-2015 22,321.0000 0.00 0.00 0.00 7,365.93 US

UNITED STATESAmgen Com USD0.0001 5-Jun-2015 4,239.25 0.00 0.00 0.00 4,239.25 GBP

0.79000 USD 12-May-2015 8,244.0000 0.00 0.00 0.00 6,512.76 US

Anadarko Petroleum Com USD0.10 24-Jun-2015 4,392.65 0.00 0.00 0.00 4,392.65 GBP0.27000 USD 8-Jun-2015 25,588.0000 0.00 0.00 0.00 6,908.76 US

Ashland Com USD1 15-Jun-2015 2,620.21 0.00 0.00 0.00 2,620.21 GBP0.39000 USD 27-May-2015 10,460.0000 0.00 0.00 0.00 4,079.40 US

Bank Of America Com USD0.01 26-Jun-2015 8,414.54 0.00 0.00 0.00 8,414.54 GBP0.05000 USD 3-Jun-2015 264,654.0000 0.00 0.00 0.00 13,232.70 US

Broadcom A Com USD0.0001 15-Jun-2015 2,730.58 0.00 0.00 0.00 2,730.58 GBP0.14000 USD 27-May-2015 30,366.0000 0.00 0.00 0.00 4,251.24 US

Chevron Corp Com USD0.75 10-Jun-2015 15,147.80 0.00 0.00 0.00 15,147.80 GBP1.07000 USD 15-May-2015 21,684.0000 0.00 0.00 0.00 23,201.88 US



EQUITIES 817,584.13 21,543.83 0.00 1,299.94 785,707.10 GBP9,033.28 0.00 0.00


UNITED STATESConagra Com USD5 2-Jun-2015 3,949.51 0.00 0.00 0.00 3,949.51 GBP

0.25000 USD 28-Apr-2015 24,028.0000 0.00 0.00 0.00 6,007.00 US

Devon Energy New Ord Com USD0.10 30-Jun-2015 4,760.67 0.00 0.00 0.00 4,760.67 GBP0.24000 USD 11-Jun-2015 31,230.0000 0.00 0.00 0.00 7,495.20 US

Energizer Holding Com USD0.01 10-Jun-2015 2,783.51 0.00 0.00 0.00 2,783.51 GBP0.50000 USD 18-May-2015 8,527.0000 0.00 0.00 0.00 4,263.50 US

Estee Lauder Cl A Com USD0.01 15-Jun-2015 1,819.00 0.00 0.00 0.00 1,819.00 GBP0.24000 USD 27-May-2015 11,800.0000 0.00 0.00 0.00 2,832.00 US

Exxon Mobil Com NPV 10-Jun-2015 14,304.99 0.00 0.00 0.00 14,304.99 GBP0.73000 USD 11-May-2015 30,015.0000 0.00 0.00 0.00 21,910.95 US

Gilead Sciences Com USD0.001 29-Jun-2015 5,809.13 0.00 0.00 0.00 5,809.13 GBP0.43000 USD 12-Jun-2015 21,254.0000 0.00 0.00 0.00 9,139.22 US

Halliburton Com USD2.50 24-Jun-2015 3,615.79 0.00 0.00 0.00 3,615.79 GBP0.18000 USD 1-Jun-2015 31,594.0000 0.00 0.00 0.00 5,686.92 US

Hanesbrands Inc Com USD0.01 11-Jun-2015 2,462.76 0.00 0.00 0.00 2,462.76 GBP0.10000 USD 19-May-2015 38,275.0000 0.00 0.00 0.00 3,827.50 US

Hill-Rom Holdings Com NPV 30-Jun-2015 2,660.06 0.00 0.00 0.00 2,660.06 GBP0.16000 USD 11-Jun-2015 26,175.0000 0.00 0.00 0.00 4,188.00 US

Honeywell International Com USD1 10-Jun-2015 6,548.40 0.00 0.00 0.00 6,548.40 GBP0.51750 USD 19-May-2015 19,382.0000 0.00 0.00 0.00 10,030.19 US

Johnson & Johnson Com USD1 9-Jun-2015 23,749.84 0.00 0.00 0.00 23,749.84 GBP0.75000 USD 21-May-2015 48,361.0000 0.00 0.00 0.00 36,270.75 US

Jones Lang Lasalle Com USD0.01 15-Jun-2015 1,773.24 0.00 0.00 0.00 1,773.24 GBP0.27000 USD 13-May-2015 10,225.0000 0.00 0.00 0.00 2,760.75 US

Juniper Networks Com USD 0.00001 23-Jun-2015 3,068.34 0.00 0.00 0.00 3,068.34 GBP0.10000 USD 29-May-2015 48,535.0000 0.00 0.00 0.00 4,853.50 US

Kroger Com USD1 1-Jun-2015 2,401.81 0.00 0.00 0.00 2,401.81 GBP0.18500 USD 13-May-2015 19,811.0000 0.00 0.00 0.00 3,665.04 US

Marathon Oil Com USD1 10-Jun-2015 7,685.42 0.00 0.00 0.00 7,685.42 GBP0.21000 USD 18-May-2015 56,056.0000 0.00 0.00 0.00 11,771.76 US



EQUITIES 817,584.13 21,543.83 0.00 1,299.94 785,707.10 GBP9,033.28 0.00 0.00


UNITED STATESMarathon Petroleum Corporation NPV 10-Jun-2015 4,198.28 0.00 0.00 0.00 4,198.28 GBP

0.50000 USD 18-May-2015 12,861.0000 0.00 0.00 0.00 6,430.50 US

Metlife Com USD0.01 12-Jun-2015 8,864.56 0.00 0.00 0.00 8,864.56 GBP0.37500 USD 7-May-2015 36,639.0000 0.00 0.00 0.00 13,739.63 US

Microsoft Com NPV 11-Jun-2015 23,016.97 0.00 0.00 0.00 23,016.97 GBP0.31000 USD 19-May-2015 115,393.0000 0.00 0.00 0.00 35,771.83 US

Molson Coors Brewing Co B Ord 15-Jun-2015 1,772.04 0.00 0.00 0.00 1,772.04 GBP0.410 USD 27-May-2015 6,729.0000 0.00 0.00 0.00 2,758.89 US

NASDAQ OMX GROUP 26-Jun-2015 3,493.42 0.00 0.00 0.00 3,493.42 GBP0.25000 USD 10-Jun-2015 21,975.0000 0.00 0.00 0.00 5,493.75 US

Northrop Grumman Corp Com USD1 17-Jun-2015 4,827.14 0.00 0.00 0.00 4,827.14 GBP0.80000 USD 28-May-2015 9,428.0000 0.00 0.00 0.00 7,542.40 US

Paccar Com USD1 5-Jun-2015 3,127.37 0.00 0.00 0.00 3,127.37 GBP0.22000 USD 15-May-2015 21,839.0000 0.00 0.00 0.00 4,804.58 US

Pfizer Com USD0.05 2-Jun-2015 22,687.93 0.00 0.00 0.00 22,687.93 GBP0.28000 USD 6-May-2015 123,240.0000 0.00 0.00 0.00 34,507.20 US

Phillips 66 Com NPV 1-Jun-2015 9,564.35 0.00 0.00 0.00 9,564.35 GBP0.56000 USD 14-May-2015 26,062.0000 0.00 0.00 0.00 14,594.72 US

Pinnacle West Cap Com NPV 1-Jun-2015 6,276.56 0.00 0.00 0.00 6,276.56 GBP0.59500 USD 30-Apr-2015 16,097.0000 0.00 0.00 0.00 9,577.72 US

Principal Financial Group Com 26-Jun-2015 6,986.24 0.00 0.00 0.00 6,986.24 GBP0.38000 USD 4-Jun-2015 28,912.0000 0.00 0.00 0.00 10,986.56 US

Robert Half International Com 15-Jun-2015 2,862.10 0.00 0.00 0.00 2,862.10 GBP0.20000 USD 20-May-2015 22,280.0000 0.00 0.00 0.00 4,456.00 US

Ross Stores Com USD0.01 30-Jun-2015 2,375.37 0.00 0.00 0.00 2,375.37 GBP0.23500 USD 5-Jun-2015 15,914.0000 0.00 0.00 0.00 3,739.79 US

Snap-On Com USD1 10-Jun-2015 2,698.96 0.00 0.00 0.00 2,698.96 GBP0.53000 USD 18-May-2015 7,800.0000 0.00 0.00 0.00 4,134.00 US

Stanley Black & Decker Com USD2.5 23-Jun-2015 4,996.18 0.00 0.00 0.00 4,996.18 GBP0.52000 USD 1-Jun-2015 15,198.0000 0.00 0.00 0.00 7,902.96 US



EQUITIES 817,584.13 21,543.83 0.00 1,299.94 785,707.10 GBP9,033.28 0.00 0.00


UNITED STATESSuntrust Banks Com USD1 15-Jun-2015 5,610.38 0.00 0.00 0.00 5,610.38 GBP

0.24000 USD 27-May-2015 36,395.0000 0.00 0.00 0.00 8,734.80 US

Teradyne Com USD0.125 26-Jun-2015 2,990.54 0.00 0.00 0.00 2,990.54 GBP0.06000 USD 29-May-2015 78,382.0000 0.00 0.00 0.00 4,702.92 US

The Mosaic Company USD0.01 18-Jun-2015 6,214.33 0.00 0.00 0.00 6,214.33 GBP0.27500 USD 2-Jun-2015 35,503.0000 0.00 0.00 0.00 9,763.33 US

Time Inc Com USD0.01 15-Jun-2015 8,616.82 0.00 0.00 0.00 8,616.82 GBP0.19000 USD 27-May-2015 70,608.0000 0.00 0.00 0.00 13,415.52 US

Time Warner Inc USD0.01 15-Jun-2015 5,436.25 0.00 0.00 0.00 5,436.25 GBP0.35000 USD 27-May-2015 24,182.0000 0.00 0.00 0.00 8,463.70 US

Universal Health B Com USD0.01 15-Jun-2015 681.42 0.00 0.00 0.00 681.42 GBP0.10000 USD 28-May-2015 10,609.0000 0.00 0.00 0.00 1,060.90 US

Voya Financial Inc Com USD0.01 30-Jun-2015 191.84 0.00 0.00 0.00 191.84 GBP0.01000 USD 27-May-2015 30,203.0000 0.00 0.00 0.00 302.03 US

Wells Fargo & Co Com USD1.666 1-Jun-2015 18,814.27 0.00 0.00 0.00 18,814.27 GBP0.37500 USD 6-May-2015 76,559.0000 0.00 0.00 0.00 28,709.63 US

Western Union Company Com USD0.01 30-Jun-2015 6,490.43 0.00 0.00 0.00 6,490.43 GBP0.15500 USD 12-Jun-2015 65,926.0000 0.00 0.00 0.00 10,218.53 US


Asset Name Income Due Date Gross Income(GBP) Non-Recl. Tax(GBP) Domestic Tax(GBP) Expenses (GBP) Net Income Rate Ex Date Entitled Qty Recoverable Tax(GBP) Offsettable Tax(GBP) Write-Offs (GBP)

POOLED INVESTMENT VEHICLES 40,695.15 0.00 0.00 0.00 40,695.06 GBP0.00 0.00 0.00

Managed Funds - Other 10,799.63 0.00 0.00 0.00 10,799.54 GBP0.00 0.00 0.00

CHANNEL ISLANDSBlackrock UK Property Fund 22-Jun-2015 10,799.63 0.00 0.00 0.00 10,799.54 GBP

0.091311 GBP 29-May-2015 118,273.0000 0.00 0.00 0.00

Unit Trusts - Property 21,370.79 0.00 0.00 0.00 21,370.79 GBP0.00 0.00 0.00

UNITED KINGDOMSchroder UK Property 31-May-2015 10,034.37 0.00 0.00 0.00 10,034.37 GBP

0.112667240 GBP 1-May-2015 89,062.0000 0.00 0.00 0.00

Schroder UK Property 31-May-2015 937.16 0.00 0.00 0.00 937.16 GBP0.010522550 GBP 1-May-2015 89,062.0000 0.00 0.00 0.00

Schroder UK Property 30-Jun-2015 9,394.61 0.00 0.00 0.00 9,394.61 GBP0.10548395 GBP 31-May-2015 89,062.0000 0.00 0.00 0.00

Schroder UK Property 30-Jun-2015 1,004.65 0.00 0.00 0.00 1,004.65 GBP0.01128031 GBP 31-May-2015 89,062.0000 0.00 0.00 0.00

Unit Trusts - Other 8,524.73 0.00 0.00 0.00 8,524.73 GBP0.00 0.00 0.00

UNITED KINGDOMLocal Retail Fund GBP 24-Jun-2015 4,075.03 0.00 0.00 0.00 4,075.03 GBP

5.193101 GBP 31-May-2015 784.7000 0.00 0.00 0.00

Multi Let Ind Prop Unit Trust 29-May-2015 507.65 0.00 0.00 0.00 507.65 GBP1.545992 GBP 30-Apr-2015 328.3642 0.00 0.00 0.00

Multi Let Ind Prop Unit Trust 30-Jun-2015 872.40 0.00 0.00 0.00 872.40 GBP2.318662 GBP 31-May-2015 376.2543 0.00 0.00 0.00

West End Of London Property Unit 30-Jun-2015 3,069.65 0.00 0.00 0.00 3,069.65 GBP0.853042 GBP 31-May-2015 3,598.4804 0.00 0.00 0.00


Asset Name Income Due Date Gross Income(GBP) Non-Recl. Tax(GBP) Domestic Tax(GBP) Expenses (GBP) Net Income Rate Ex Date Entitled Qty Recoverable Tax(GBP) Offsettable Tax(GBP) Write-Offs (GBP)

EQUITIES 1,265,110.14 0.00 0.00 0.00 1,263,445.51 GBP1,664.61 0.00 0.00

UK Quoted 1,265,110.14 0.00 0.00 0.00 1,263,445.51 GBP1,664.61 0.00 0.00

UNITED KINGDOMBarclays Ord GBP0.25 15-Jun-2015 44,775.07 0.00 0.00 0.00 44,775.07 GBP

0.010000 GBP 7-May-2015 4,477,507.0000 0.00 0.00 0.00

BP Plc Ord USD0.25 19-Jun-2015 137,953.45 0.00 0.00 0.00 137,953.45 GBP0.065295 GBP 7-May-2015 2,112,772.0000 0.00 0.00 0.00

Carnival Ord USD1.66 12-Jun-2015 51,486.09 0.00 0.00 0.00 51,486.09 GBP0.25000 GBP 21-May-2015 313,159.0000 0.00 0.00 0.00 78,289.75 US

Centrica Ord GBP0.061728 25-Jun-2015 212,972.09 0.00 0.00 0.00 212,972.09 GBP0.084000 GBP 30-Apr-2015 2,535,382.0000 0.00 0.00 0.00

G4S Ord GBP0.25 12-Jun-2015 54,405.36 0.00 0.00 0.00 54,405.36 GBP0.058200 GBP 7-May-2015 934,800.0000 0.00 0.00 0.00

Imperial Tobacco Group Ord GBP0.10 30-Jun-2015 83,541.32 0.00 0.00 0.00 83,541.32 GBP0.214000 GBP 28-May-2015 390,380.0000 0.00 0.00 0.00

Legal & General Ord GBP0.025 4-Jun-2015 366,005.22 0.00 0.00 0.00 366,005.21 GBP0.083500 GBP 23-Apr-2015 4,383,296.0000 0.00 0.00 0.00

Royal Dutch Shell 'A' EUR0.07 22-Jun-2015 11,097.37 0.00 0.00 0.00 9,432.76 GBP0.4195 GBP 14-May-2015 37,674.0000 1,664.61 0.00 0.00 13,433.60 EU

Royal Dutch Shell 'B' EUR0.07 22-Jun-2015 206,438.59 0.00 0.00 0.00 206,438.59 GBP0.307500 GBP 14-May-2015 671,345.0000 0.00 0.00 0.00

Sage Group Ord GBP0.0105195 5-Jun-2015 27,753.81 0.00 0.00 0.00 27,753.80 GBP0.044500 GBP 14-May-2015 623,681.0000 0.00 0.00 0.00

Unilever Ord GBP0.031 3-Jun-2015 68,681.77 0.00 0.00 0.00 68,681.77 GBP0.218000 GBP 23-Apr-2015 315,054.0000 0.00 0.00 0.00


Summary Gross Income (GBP) Non-Recl. Tax (GBP) Domestic Tax (USD) Expenses (GBP) Net IncomeEntitled QtyRecoverable Tax (GBP)Offsettable Tax (GBP) Write-Offs (GBP)

TOTAL BRAZIL 1,497.15 224.57 0.00 0.00 1,272.58 GBP0.00 0.00 0

TOTAL CANADA 7,203.04 0.00 0.00 0.00 7,203.04 GBP0.00 0.00 0

TOTAL JAPAN 62,904.19 0.00 0.00 0.00 62,904.19 GBP0.00 0.00 0

TOTAL UNITED KINGDOM 41,112.75 0.00 0.00 0.00 34,945.84 GBP6,166.91 0.00 0

TOTAL UNITED STATES 75,073.90 0.00 0.00 0.00 75,073.90 GBP0.00 0.00 0


Summary Gross Income (GBP) Non-Recl. Tax (GBP) Domestic Tax (EUR) Expenses (GBP) Net IncomeEntitled QtyRecoverable Tax (GBP)Offsettable Tax (GBP) Write-Offs (GBP)

TOTAL BELGIUM 16,940.65 0.00 0.00 0.00 16,940.65 GBP0.00 0.00 0

TOTAL BRAZIL 413.90 0.00 0.00 0.00 413.90 GBP0.00 0.00 0

TOTAL CANADA 16,567.24 0.00 0.00 0.00 16,567.24 GBP0.00 0.00 0

TOTAL CHINA 23,150.19 2,315.02 0.00 0.00 20,835.17 GBP0.00 0.00 0

TOTAL FRANCE 60,222.30 9,033.35 0.00 0.00 51,188.95 GBP0.00 0.00 0

TOTAL HONG KONG 11,419.04 1,141.90 0.00 0.00 10,277.14 GBP0.00 0.00 0

TOTAL INDIA 12,640.54 0.00 0.00 545.56 12,094.99 GBP0.00 0.00 0

TOTAL INDONESIA 25,561.46 5,112.30 0.00 754.38 19,694.78 GBP0.00 0.00 0

TOTAL IRELAND 8,085.65 0.00 0.00 0.00 8,085.65 GBP0.00 0.00 0

TOTAL ISRAEL 4,395.67 659.35 0.00 0.00 3,736.32 GBP0.00 0.00 0

TOTAL ITALY 29,835.60 3,281.91 0.00 0.00 26,553.69 GBP0.00 0.00 0

TOTAL JAPAN 239,652.62 0.00 0.00 0.00 239,652.62 GBP0.00 0.00 0

TOTAL NETHERLANDS 39,203.76 0.00 0.00 0.00 34,594.88 GBP4,608.89 0.00 0

TOTAL SINGAPORE 14,889.93 0.00 0.00 0.00 14,889.93 GBP0.00 0.00 0

TOTAL SPAIN 22,121.96 0.00 0.00 0.00 17,697.57 GBP4,424.39 0.00 0

TOTAL SWITZERLAND 4,752.37 0.00 0.00 0.00 4,752.37 GBP0.00 0.00 0

TOTAL UNITED STATES 287,731.25 0.00 0.00 0.00 287,731.25 GBP0.00 0.00 0


Summary Gross Income (GBP) Non-Recl. Tax (GBP) Domestic Tax (GBP) Expenses (GBP) Net IncomeEntitled QtyRecoverable Tax (GBP)Offsettable Tax (GBP) Write-Offs (GBP)

TOTAL CHANNEL ISLANDS 10,799.63 0.00 0.00 0.00 10,799.54 GBP0.00 0.00 0

TOTAL UNITED KINGDOM 29,895.52 0.00 0.00 0.00 29,895.52 GBP0.00 0.00 0


Summary Gross Income (GBP) Non-Recl. Tax (GBP) Domestic Tax (GBP) Expenses (GBP) Net IncomeEntitled QtyRecoverable Tax (GBP)Offsettable Tax (GBP) Write-Offs (GBP)

TOTAL UNITED KINGDOM 1,265,110.14 0.00 0.00 0.00 1,263,445.51 GBP1,664.61 0.00 0

TOTAL PORTFOLIO 2,311,180.45 21,768.40 0.00 1,299.94 2,271,247.22 GBP16,864.80 0.00 0

CITY AND COUNTY OF SWANSEA OUTSTANDING BROKER SETTLEMENTS REPORT Page 1SWA aggregate global2 30-Jun-2015

Sett. Date Quantity Asset Name Amount (Local) Amount (GBP) Trans Date

Total Outstanding Settlements GBP 0.00





















EUR 20,040.72

EUR PURCH FOR SETTLEMENT 25,500.38

EUR SALES FOR SETTLEMENT (5,459.66)USD (362,669.65) (94,937.56)

USD PURCH FOR SETTLEMENT (902,141.91) (581,278.26)1-Jul-2015 4,700.000 The Mosaic Company USD0.01 (220,733.62) (142,225.58) 26-Jun-20151-Jul-2015 1,964.000 Zimmer Biomet Holdings Inc Com USD0.01 (222,814.62) (143,566.43) 26-Jun-20151-Jul-2015 1,560.000 Cooper Companies Com USD0.10 (276,112.98) (177,908.23) 26-Jun-20151-Jul-2015 16,448.000 Itau Unibanco Holding ADR(V 1 Pref) (182,480.69) (117,578.02) 26-Jun-2015

USD SALES FOR SETTLEMENT 539,472.26 486,340.70 1-Jul-2015 (1,728.000) Western Digital Com USD0.01 145,921.56 92,790.00 26-Jun-20151-Jul-2015 (10,796.000) Sk hynix inc 393,550.70 393,550.70 29-Jun-2015

Total Outstanding Purchases for Settlement GBP (555,777.88)Total Outstanding Sales for Settlement GBP 480,881.04

Total Outstanding Settlements GBP (74,896.84)









GBP (47,556.90) (47,556.90)

GBP PURCH FOR SETTLEMENT (47,556.90) (47,556.90)13-Jul-2015 47.557 Multi Let Ind Prop Unit Trust (47,556.90) (47,556.90) 26-Jun-2015

Total Outstanding Purchases for Settlement GBP (47,556.90)

Total Outstanding Settlements GBP (47,556.90)



GBP (3,096,819.29) (3,096,819.29)

GBP PURCH FOR SETTLEMENT (5,279,580.47) (5,279,580.47)3-Jul-2015 779,619.090 Schroder Instl UK Smaller Cos Inc (5,279,580.47) (5,279,580.47) 29-Jun-2015

GBP SALES FOR SETTLEMENT 2,182,761.18 2,182,761.18 3-Jul-2015 (20,099.090) Schroder Instutional Recovery Fund Inc 2,182,761.18 2,182,761.18 29-Jun-2015

Total Outstanding Purchases for Settlement GBP (5,279,580.47)Total Outstanding Sales for Settlement GBP 2,182,761.18

Total Outstanding Settlements GBP (3,096,819.29)




CITY AND COUNTY OF SWANSEA DETAILED INVESTMENT CURRENCY CHANGES Page 1SWA aggregate global2 CANADIAN DOLLAR STATEMENT 1-Jun-2015 to 30-Jun-2015

Trade Date Settle Date Trans.Typ Details Quantity Price Book CostGBP ProceedsGBP Prft/(Loss)GBP

Balance brought forward from 1-Jun-2015 0.00 0.00

11-May-2015 11-May-2015 INC016 Miscellaneous Income 1,049.66 1.8717 560.81 560.81 0.00

30-Jun-2015 30-Jun-2015 REVALC Revalue cash standard cost 0.00 (26.21) (26.21) 0.00

Total Acquisitions 1,049.66 560.81 560.81 0.00

Total Disposals 0.00 (26.21) (26.21) 0.00

Net Values 1,049.66 534.60 534.60 0.00

Balance carried forward from 30-Jun-2015 0.00 0.00

CITY AND COUNTY OF SWANSEA DETAILED INVESTMENT CURRENCY CHANGES Page 2SWA aggregate global2 EURO STATEMENT 1-Jun-2015 to 30-Jun-2015



1-Jun-2015 3-Jun-2015 P Henkel Pref NPV (58,357.31) 1.3918 (41,927.99) (41,927.99) 0.00

1-Jun-2015 2-Jun-2015 FX Spot FX 207,964.51 1.0000 145,832.73 149,295.23 (3,462.50)GBP 149,295.23 to EUR 207,964.51GBP:EUR = 0.717888

1-Jun-2015 1-Jun-2015 MFX Spot MFX 63,749.73 1.0000 44,703.77 45,888.08 (1,184.31)GBP 45,888.08 to EUR 63,749.73GBP:EUR = 1.38924379



2-Jun-2015 3-Jun-2015 FX Spot FX 58,357.31 1.0000 41,467.72 42,264.52 (796.80)GBP 42,264.52 to EUR 58,357.31GBP:EUR = 0.724237




3-Jun-2015 4-Jun-2015 FX Spot FX (29,104.00) 1.0000 (21,184.42) (21,393.91) 209.49 EUR 29,104.00 to GBP 21,393.91EUR:GBP = 0.73508487


4-Jun-2015 5-Jun-2015 FX Spot FX 140,157.65 1.0000 103,198.08 103,198.08 0.00 GBP 103,198.08 to EUR 140,157.65GBP:EUR = 0.7363


5-Jun-2015 8-Jun-2015 FX Spot FX 50,116.05 1.0000 35,407.36 36,735.06 (1,327.70)GBP 36,735.06 to EUR 50,116.05GBP:EUR = 0.733



















30-Jun-2015 30-Jun-2015 REVALC Revalue cash standard cost 0.00 4,417.68 4,417.68 0.00


Total Acquisitions 1,084,880.58 787,494.94 793,206.51 (5,711.57)

Total Disposals (842,270.34) (613,186.70) (613,396.19) 209.49

Net Values 242,610.24 174,308.24 179,810.32 (5,502.08)


CITY AND COUNTY OF SWANSEA DETAILED INVESTMENT CURRENCY CHANGES Page 4SWA aggregate global2 SWEDISH KRONA STATEMENT 1-Jun-2015 to 30-Jun-2015



9-Jun-2015 9-Jun-2015 SCAP ###Atlas Copco AB A NPV 620,162.00 12.7634 48,589.01 48,589.01 0.00

11-Jun-2015 12-Jun-2015 FX Spot FX (620,162.00) 1.0000 (48,589.01) (48,756.13) 167.12 SEK 620,162.00 to GBP 48,756.13SEK:GBP = 0.07861838

Total Acquisitions 620,162.00 48,589.01 48,589.01 0.00

Total Disposals (620,162.00) (48,589.01) (48,756.13) 167.12

Net Values 0.00 0.00 (167.12) 167.12


CITY AND COUNTY OF SWANSEA DETAILED INVESTMENT CURRENCY CHANGES Page 5SWA aggregate global2 SINGAPORE DOLLAR STATEMENT 1-Jun-2015 to 30-Jun-2015



1-Jun-2015 1-Jun-2015 EXP024 Overdraft Interest Paid - Capital (2.02) 2.0584 (0.98) (0.98) 0.00

2-Jun-2015 5-Jun-2015 P City Developments SGD0.50 (38,218.81) 2.0586 (18,565.38) (18,565.38) 0.00

2-Jun-2015 5-Jun-2015 FX Spot FX 38,218.81 1.0000 18,193.54 18,480.35 (286.81)GBP 18,480.35 to SGD 38,218.81GBP:SGD = 2.06807826


3-Jun-2015 4-Jun-2015 FX Spot FX 39,303.88 1.0000 19,191.36 19,106.33 85.03 GBP 19,106.33 to SGD 39,303.88GBP:SGD = 2.05711301





30-Jun-2015 30-Jun-2015 REVALC Revalue cash standard cost 0.00 303.28 303.28 0.00



Total Acquisitions 229,996.56 111,847.70 112,049.48 (201.78)

Total Disposals (229,996.56) (111,847.71) (111,847.71) 0.00

Net Values 0.00 (0.01) 201.77 (201.78)


CITY AND COUNTY OF SWANSEA DETAILED INVESTMENT CURRENCY CHANGES Page 6SWA aggregate global2 U.S. DOLLAR STATEMENT 1-Jun-2015 to 30-Jun-2015





Total Acquisitions 0.00 0.00 0.00 0.00

Total Disposals 0.00 (0.05) (0.05) 0.00

Net Values 0.00 (0.05) (0.05) 0.00


CITY AND COUNTY OF SWANSEA DETAILED INVESTMENT CURRENCY CHANGES Page 7SWA aggregate global2 SOUTH AFRICAN RAND STATEMENT 1-Jun-2015 to 30-Jun-2015





Total Disposals 0.00 (0.38) (0.38) 0.00

Net Values 0.00 (0.38) (0.38) 0.00


CITY AND COUNTY OF SWANSEA DETAILED INVESTMENT CURRENCY CHANGES Page 8SWA aggregate global2 AUSTRALIAN DOLLAR STATEMENT 1-Jun-2015 to 30-Jun-2015




30-Jun-2015 30-Jun-2015 REVALC Revalue cash standard cost 0.00 (15,698.91) (15,698.91) 0.00

Total Acquisitions 0.00 15,698.91 15,698.91 0.00

Total Disposals 0.00 (15,698.91) (15,698.91) 0.00

Net Values 0.00 0.00 0.00 0.00


CITY AND COUNTY OF SWANSEA DETAILED INVESTMENT CURRENCY CHANGES Page 9SWA aggregate global2 CANADIAN DOLLAR STATEMENT 1-Jun-2015 to 30-Jun-2015



1-Jun-2015 1-Jun-2015 RL Receipt (local) 5,733.00 1.9048 3,009.82 3,009.82 0.00






Total Disposals 0.00 (10,776.50) (10,776.50) 0.00

Net Values 26,076.36 13,280.98 13,280.98 0.00


CITY AND COUNTY OF SWANSEA DETAILED INVESTMENT CURRENCY CHANGES Page 10SWA aggregate global2 SWISS FRANC STATEMENT 1-Jun-2015 to 30-Jun-2015



1-Jun-2015 3-Jun-2015 P UBS Group AG CHF0.10 (198,622.20) 1.4395 (137,979.51) (137,979.51) 0.00

1-Jun-2015 3-Jun-2015 S Swiss Life Rentenanstalt CHF50 713,976.88 1.4395 494,539.31 495,987.77 (1,448.46)

2-Jun-2015 4-Jun-2015 S Swiss Life Rentenanstalt CHF50 372,071.04 1.4389 258,581.09 258,581.09 0.00

2-Jun-2015 3-Jun-2015 FX Spot FX (515,354.68) 1.4389 (358,160.03) (358,160.03) 0.00 CHF 515,354.68 to USD 546,605.77CHF:USD = 1.06063997

3-Jun-2015 5-Jun-2015 S Swiss Life Rentenanstalt CHF50 85,308.55 1.4318 59,581.96 59,581.96 0.00



9-Jun-2015 11-Jun-2015 P Actelion CHF0.50 (379,025.95) 1.4308 (264,912.87) (264,912.87) 0.00



10-Jun-2015 11-Jun-2015 FX Spot FX 379,025.95 1.5317 267,066.74 267,066.74 0.00 USD 409,066.13 to CHF 379,025.95USD:CHF = 0.92656400

11-Jun-2015 12-Jun-2015 FX Spot FX 582,022.92 1.5542 400,087.58 400,087.58 0.00 USD 621,796.11 to CHF 582,022.92USD:CHF = 0.93603500



Total Acquisitions 2,132,405.34 1,512,796.31 1,514,244.77 (1,448.46)

Total Disposals (2,132,405.34) (1,512,796.31) (1,512,796.31) 0.00

Net Values 0.00 0.00 1,448.46 (1,448.46)


CITY AND COUNTY OF SWANSEA DETAILED INVESTMENT CURRENCY CHANGES Page 11SWA aggregate global2 DANISH KRONE STATEMENT 1-Jun-2015 to 30-Jun-2015






Total Disposals 0.00 (1,536.33) (1,536.33) 0.00

Net Values 0.00 (58.26) (58.26) 0.00





1-Jun-2015 3-Jun-2015 P Continental NPV (268,126.71) 1.3918 (192,641.08) (192,641.08) 0.00

1-Jun-2015 3-Jun-2015 P Valeo EUR3 (205,099.75) 1.3918 (147,358.08) (147,358.08) 0.00

1-Jun-2015 3-Jun-2015 P Sanofi EUR2 XPAR (396,717.26) 1.3918 (285,029.57) (285,029.57) 0.00

1-Jun-2015 3-Jun-2015 P NN Group NV NPV (135,848.92) 1.3918 (97,603.41) (97,603.41) 0.00

19-May-2015 19-May-2015 CAPCASH1 Iberdrola EUR0.75 95.04 1.3801 68.86 68.86 0.00

1-Jun-2015 3-Jun-2015 S BMW EUR1 603,692.11 1.3918 436,411.40 433,734.85 2,676.55


2-Jun-2015 4-Jun-2015 P NN Group NV NPV (18,856.10) 1.3957 (13,510.26) (13,510.26) 0.00

2-Jun-2015 4-Jun-2015 P Valeo EUR3 (93,935.79) 1.3957 (67,304.34) (67,304.34) 0.00

2-Jun-2015 4-Jun-2015 S BMW EUR1 244,257.04 1.3957 171,713.89 175,008.47 (3,294.58)

2-Jun-2015 4-Jun-2015 S BMW EUR1 125,300.06 1.3957 89,776.62 89,776.62 0.00

2-Jun-2015 4-Jun-2015 S BMW EUR1 367,542.98 1.3957 263,341.98 263,341.98 0.00

2-Jun-2015 3-Jun-2015 FX Spot FX 374,662.36 1.5210 272,765.62 270,164.34 2,601.28 USD 410,906.45 to EUR 374,662.36USD:EUR = 0.91179479


3-Jun-2015 4-Jun-2015 FX Spot FX (647,359.39) 1.3771 (470,075.22) (470,075.22) 0.00 EUR 647,359.39 to USD 721,421.84EUR:USD = 1.11440701


9-Jun-2015 11-Jun-2015 S Sanofi EUR2 XPAR 203,076.03 1.3630 154,681.03 148,989.33 5,691.70


10-Jun-2015 11-Jun-2015 FX Spot FX (229,593.65) 1.3622 (168,549.06) (168,549.06) 0.00 EUR 229,593.65 to USD 260,183.56EUR:USD = 1.13323500

11-Jun-2015 15-Jun-2015 P ORANGE EUR4 (200,837.07) 1.3751 (146,058.01) (146,058.01) 0.00

12-Jun-2015 15-Jun-2015 FX Spot FX 200,837.07 1.5500 144,743.06 144,649.14 93.92 USD 224,198.94 to EUR 200,837.07USD:EUR = 0.89579848








24-Jun-2015 24-Jun-2015 TAX003 Receivable Tax Divs - Windfall 97.93 1.4064 69.63 69.63 0.00

29-Jun-2015 29-Jun-2015 RTXDL Tax Reclaim on Div Income (Local) 5,398.68 1.4122 3,822.91 3,822.91 0.00




Total Acquisitions 2,317,230.60 1,734,504.16 1,726,735.29 7,768.87

Total Disposals (2,196,374.64) (1,648,881.34) (1,648,881.34) 0.00

Net Values 120,855.96 85,622.82 77,853.95 7,768.87


CITY AND COUNTY OF SWANSEA DETAILED INVESTMENT CURRENCY CHANGES Page 14SWA aggregate global2 HONG KONG DOLLAR STATEMENT 1-Jun-2015 to 30-Jun-2015



1-Jun-2015 3-Jun-2015 P China OS Land & Inv HKD0.10 (815,863.59) 11.8285 (68,967.90) (68,974.52) 6.62

1-Jun-2015 3-Jun-2015 P China OS Land & Inv HKD0.10 (467,317.38) 11.8285 (39,507.82) (39,507.82) 0.00

1-Jun-2015 3-Jun-2015 FX Spot FX 1,250,132.97 1.5260 105,627.64 105,627.64 0.00 USD 161,182.49 to HKD 1,250,132.97USD:HKD = 7.75600979

10-Jun-2015 12-Jun-2015 P Cheung Kong Property Holdings Ltd (3283612.98) 11.8750 (276,461.64) (276,513.85) 52.21


12-Jun-2015 16-Jun-2015 P China Mobile (HK) Ltd HKD0.10 (3312440.82) 12.0170 (275,646.35) (275,646.35) 0.00

12-Jun-2015 16-Jun-2015 S Dong Feng Motor Group CNY 1 3,132,280.51 12.0170 260,654.22 260,654.22 0.00

12-Jun-2015 16-Jun-2015 S KWG Property NPV 674,797.23 12.0170 56,153.57 56,153.57 0.00

12-Jun-2015 16-Jun-2015 S Dong Feng Motor Group CNY 1 4,228,285.32 12.0170 351,858.79 351,858.79 0.00

12-Jun-2015 16-Jun-2015 S KWG Property NPV 3,129,935.94 12.0170 260,459.12 260,459.12 0.00

12-Jun-2015 16-Jun-2015 FX Spot FX (7852858.18) 12.0170 (653,479.36) (653,479.36) 0.00 HKD 7,852,858.18 to USD 1,012,860.34HKD:USD = 0.12897983

17-Jun-2015 19-Jun-2015 S KWG Property NPV 6,427,058.90 12.1146 530,521.36 530,521.36 0.00

17-Jun-2015 19-Jun-2015 FX Spot FX (6427058.90) 12.1146 (530,521.36) (530,521.36) 0.00 HKD 6,427,058.90 to USD 828,967.41HKD:USD = 0.12898083

22-Jun-2015 24-Jun-2015 P Anhui Conch Cement CNY1 (1695171.40) 12.3124 (137,679.98) (137,679.98) 0.00





CITY AND COUNTY OF SWANSEA DETAILED INVESTMENT CURRENCY CHANGES Page 15SWA aggregate global2 HONG KONG DOLLAR STATEMENT 1-Jun-2015 to 30-Jun-2015




Total Acquisitions 24,204,280.64 2,010,894.15 2,010,894.15 0.00

Total Disposals (23854323.25) (1,982,274.73) (1,982,333.56) 58.83

Net Values 349,957.39 28,619.42 28,560.59 58.83


CITY AND COUNTY OF SWANSEA DETAILED INVESTMENT CURRENCY CHANGES Page 16SWA aggregate global2 JAPANESE YEN STATEMENT 1-Jun-2015 to 30-Jun-2015



2-Jun-2015 5-Jun-2015 S Kawasaki Kisen JPY50 65,496,818 189.3659 345,874.44 345,874.44 0.00


2-Jun-2015 2-Jun-2015 RL Receipt (local) 2,430,000 189.3659 12,832.30 12,832.30 0.00

2-Jun-2015 2-Jun-2015 RL Receipt (local) 886,500 189.3659 4,681.41 4,681.41 0.00





4-Jun-2015 5-Jun-2015 FX Spot FX (102,092,049) 190.3019 (539,177.21) (536,474.23) (2,702.98)JPY 102,092,049 to USD 823,066.43JPY:USD = 0.00806200

5-Jun-2015 8-Jun-2015 FX Spot FX (37,443,945) 191.2770 (196,846.88) (195,757.66) (1,089.22)JPY 37,443,945 to USD 300,160.07JPY:USD = 0.00801625














CITY AND COUNTY OF SWANSEA DETAILED INVESTMENT CURRENCY CHANGES Page 17SWA aggregate global2 JAPANESE YEN STATEMENT 1-Jun-2015 to 30-Jun-2015






29-Jun-2015 30-Jun-2015 FX Spot FX (34,087,050) 195.0122 (174,850.84) (174,794.45) (56.39)JPY 34,087,050 to USD 277,446.28JPY:USD = 0.00813935

30-Jun-2015 30-Jun-2015 REVALC Revalue cash standard cost 0 18,704.94 18,704.94 0.00

30-Jun-2015 30-Jun-2015 REVALC Revalue cash standard cost 0 (19,043.43) (19,043.43) 0.00

30-Jun-2015 30-Jun-2015 REVALC Revalue cash standard cost 0 (2,068.36) (2,068.36) 0.00

30-Jun-2015 30-Jun-2015 REVALC Revalue cash standard cost 0 2,330.44 2,330.44 0.00


Total Disposals (173623044.00) (931,986.72) (928,138.13) (3,848.59)

Net Values 3,316,500.00 17,513.99 21,362.58 (3,848.59)


CITY AND COUNTY OF SWANSEA DETAILED INVESTMENT CURRENCY CHANGES Page 18SWA aggregate global2 MEXICAN PESO STATEMENT 1-Jun-2015 to 30-Jun-2015






Total Disposals 0.00 (382.11) (382.11) 0.00

Net Values 0.00 0.00 0.00 0.00


CITY AND COUNTY OF SWANSEA DETAILED INVESTMENT CURRENCY CHANGES Page 19SWA aggregate global2 NORWEGIAN KRONE STATEMENT 1-Jun-2015 to 30-Jun-2015






Total Disposals 0.00 (3,979.05) (3,979.05) 0.00

Net Values 0.00 (321.93) (321.93) 0.00


CITY AND COUNTY OF SWANSEA DETAILED INVESTMENT CURRENCY CHANGES Page 20SWA aggregate global2 SWEDISH KRONA STATEMENT 1-Jun-2015 to 30-Jun-2015






Total Disposals 0.00 (235.12) (235.12) 0.00

Net Values 0.00 0.00 0.00 0.00


CITY AND COUNTY OF SWANSEA DETAILED INVESTMENT CURRENCY CHANGES Page 21SWA aggregate global2 SINGAPORE DOLLAR STATEMENT 1-Jun-2015 to 30-Jun-2015







Total Disposals 0.00 (720.13) (720.13) 0.00

Net Values 25,800.00 12,183.37 12,183.37 0.00


CITY AND COUNTY OF SWANSEA DETAILED INVESTMENT CURRENCY CHANGES Page 22SWA aggregate global2 TURKISH LIRA STATEMENT 1-Jun-2015 to 30-Jun-2015



11-Jun-2015 15-Jun-2015 S KOC Holding AS TRY1 2,281,619.62 4.2591 535,708.41 535,708.41 0.00

12-Jun-2015 15-Jun-2015 FX Spot FX (2281619.62) 4.2026 (542,905.13) (542,905.13) 0.00 TRY 2,281,619.62 to USD 837,783.51TRY:USD = 0.36718807



Total Acquisitions 2,281,619.62 546,203.23 546,203.23 0.00

Total Disposals (2,281,619.62) (546,203.23) (546,203.23) 0.00

Net Values 0.00 0.00 0.00 0.00





1-Jun-2015 4-Jun-2015 P Walt Disney Com USD0.01 (653,242.07) 1.5260 (423,777.99) (428,088.78) 4,310.79

1-Jun-2015 4-Jun-2015 P Cooper Companies Com USD0.10 (384,558.51) 1.5260 (249,474.80) (252,012.52) 2,537.72

1-Jun-2015 4-Jun-2015 P Baidu Com ADR(V0.1 Ord) (358,406.67) 1.5260 (232,509.30) (234,874.45) 2,365.15

1-Jun-2015 4-Jun-2015 P Gilead Sciences Com USD0.001 (542,554.14) 1.5260 (351,971.36) (355,551.72) 3,580.36





1-Jun-2015 3-Jun-2015 FX Spot FX (161,182.49) 1.5260 (104,551.44) (105,627.64) 1,076.20 USD 161,182.49 to HKD 1,250,132.97USD:HKD = 7.75600979

2-Jun-2015 5-Jun-2015 P Cooper Companies Com USD0.10 (546,627.00) 1.5210 (355,111.50) (359,398.40) 4,286.90

2-Jun-2015 5-Jun-2015 P Cooper Companies Com USD0.10 (109,266.96) 1.5210 (70,984.34) (71,841.26) 856.92

2-Jun-2015 5-Jun-2015 P Rockwell Automation Com USD1 (591,444.71) 1.5210 (384,226.96) (388,865.32) 4,638.36

2-Jun-2015 5-Jun-2015 S Travelers Cos NPV 1,295,814.85 1.5210 851,977.28 851,977.28 0.00



2-Jun-2015 3-Jun-2015 FX Spot FX (410,906.45) 1.5210 (266,536.72) (270,164.34) 3,627.62 USD 410,906.45 to EUR 374,662.36USD:EUR = 0.91179479

2-Jun-2015 3-Jun-2015 FX Spot FX 546,605.77 1.4389 358,160.03 358,160.03 0.00 CHF 515,354.68 to USD 546,605.77CHF:USD = 1.06063997

3-Jun-2015 8-Jun-2015 P Rockwell Automation Com USD1 (290,251.49) 1.5326 (189,219.99) (189,391.20) 171.21



3-Jun-2015 8-Jun-2015 P Marriott Vacations Worldwide Corp (50,554.10) 1.5326 (32,957.10) (32,986.92) 29.82






3-Jun-2015 4-Jun-2015 FX Spot FX 721,421.84 1.3771 470,075.22 470,075.22 0.00 EUR 647,359.39 to USD 721,421.84EUR:USD = 1.11440701




4-Jun-2015 5-Jun-2015 FX Spot FX 823,066.43 190.3019 536,474.23 536,474.23 0.00 JPY 102,092,049 to USD 823,066.43JPY:USD = 0.00806200


5-Jun-2015 10-Jun-2015 P Ebay Com USD0.001 (559,655.01) 1.5363 (364,820.46) (364,287.58) (532.88)

5-Jun-2015 10-Jun-2015 P Ebay Com USD0.001 (561,576.65) 1.5363 (366,073.12) (365,538.40) (534.72)

5-Jun-2015 10-Jun-2015 S Google Inc Com NPV 536,776.70 1.5363 349,395.76 349,395.76 0.00





9-Jun-2015 12-Jun-2015 P Ebay Com USD0.001 (457,814.97) 1.5272 (298,408.07) (299,774.08) 1,366.01


9-Jun-2015 11-Jun-2015 S Comcast Com USD1 190,998.69 1.5272 125,064.62 125,064.62 0.00

9-Jun-2015 11-Jun-2015 S ###Actavis Plc Com USD0.0033 309,989.99 1.5272 202,979.30 202,979.30 0.00

9-Jun-2015 12-Jun-2015 S Humana Com USD0.166 21,271.11 1.5272 13,928.18 13,928.18 0.00






10-Jun-2015 12-Jun-2015 P Lukoil ADR(V 1 Ord) (161,420.53) 1.5317 (105,252.82) (105,386.52) 133.70

10-Jun-2015 15-Jun-2015 P Freeport-Mcmoran Copper & Gold B (216,991.48) 1.5317 (141,487.37) (141,667.09) 179.72


10-Jun-2015 12-Jun-2015 S Zimmer Biomet Holdings Inc Com 230,563.56 1.5317 150,527.88 150,527.88 0.00


10-Jun-2015 15-Jun-2015 S Citigroup Com USD0.01 237,969.23 1.5317 155,362.82 155,362.82 0.00








10-Jun-2015 11-Jun-2015 FX Spot FX 260,183.56 1.3622 168,549.06 168,549.06 0.00 EUR 229,593.65 to USD 260,183.56EUR:USD = 1.13323500

10-Jun-2015 12-Jun-2015 FX Spot FX (423,549.36) 1.5317 (275,995.45) (276,522.40) 526.95 USD 423,549.36 to HKD 3,283,612.98USD:HKD = 7.75260994

10-Jun-2015 11-Jun-2015 FX Spot FX (409,066.13) 1.5317 (266,557.81) (267,066.74) 508.93 USD 409,066.13 to CHF 379,025.95USD:CHF = 0.92656400

11-Jun-2015 16-Jun-2015 P Infosys Limited ADR(V 1 Ord) (321,189.80) 1.5542 (209,442.85) (206,665.89) (2,776.96)


11-Jun-2015 11-Jun-2015 RL Receipt (local) 643.26 1.5542 413.90 413.90 0.00






11-Jun-2015 12-Jun-2015 FX Spot FX (621,796.11) 1.5542 (405,382.91) (400,087.58) (5,295.33)USD 621,796.11 to CHF 582,022.92USD:CHF = 0.93603500




12-Jun-2015 15-Jun-2015 FX Spot FX (224,198.94) 1.5500 (146,174.43) (144,649.14) (1,525.29)USD 224,198.94 to EUR 200,837.07USD:EUR = 0.89579848

12-Jun-2015 15-Jun-2015 FX Spot FX 837,783.51 4.2026 542,905.13 542,905.13 0.00 TRY 2,281,619.62 to USD 837,783.51TRY:USD = 0.36718807

12-Jun-2015 16-Jun-2015 FX Spot FX 1,012,860.34 12.0170 653,479.36 653,479.36 0.00 HKD 7,852,858.18 to USD 1,012,860.34HKD:USD = 0.12897983

12-Jun-2015 12-Jun-2015 FX Spot FX 7,365.93 1.0000 4,752.37 4,752.37 0.00 GBP 4,752.37 to USD 7,365.93GBP:USD = 1.54994876





15-Jun-2015 15-Jun-2015 RL Receipt (local) 1,060.90 1.5569 681.42 681.42 0.00







16-Jun-2015 18-Jun-2015 P Norilsk Nickel ADR(V1 Ord) (1227379.77) 1.5545 (797,856.72) (789,565.63) (8,291.09)




16-Jun-2015 19-Jun-2015 P Bank Rakyat Indonesia IDR 250 (305,549.63) 20,729.2575 (200,818.96) (196,852.94) (3,966.02)

17-Jun-2015 19-Jun-2015 P Magnit GDR(V0.2 Ord) Reg S (1132558.44) 1.5625 (736,174.98) (724,837.40) (11,337.58)

17-Jun-2015 19-Jun-2015 P Amorepacific Corporation KRW5000 (1092109.26) 1,747.6563 (720,664.45) (688,576.60) (32,087.85)

17-Jun-2015 19-Jun-2015 S ###Rock-Tenn Com USD0.01 331,910.41 1.5625 212,422.66 212,422.66 0.00




17-Jun-2015 19-Jun-2015 FX Spot FX 828,967.41 12.1146 530,521.36 530,521.36 0.00 HKD 6,427,058.90 to USD 828,967.41HKD:USD = 0.12898083


22-Jun-2015 25-Jun-2015 P Ambev SA SPONS ADR(V1 Ord) (564,681.37) 1.5884 (368,097.18) (355,503.25) (12,593.93)




22-Jun-2015 24-Jun-2015 FX Spot FX (218,699.06) 1.5884 (143,099.47) (137,685.13) (5,414.34)USD 218,699.06 to HKD 1,695,171.40USD:HKD = 7.75115997

23-Jun-2015 26-Jun-2015 P Murphy USA Inc-W/I NPV (64,252.21) 1.5818 (41,852.45) (40,619.68) (1,232.77)

23-Jun-2015 26-Jun-2015 P Murphy USA Inc-W/I NPV (64,333.50) 1.5818 (41,852.91) (40,671.07) (1,181.84)

23-Jun-2015 26-Jun-2015 P Best Buy Com USD0.10 (294,061.74) 1.5818 (191,305.31) (185,903.24) (5,402.07)

23-Jun-2015 26-Jun-2015 P Murphy USA Inc-W/I NPV (23,317.96) 1.5818 (15,169.77) (14,741.41) (428.36)

23-Jun-2015 26-Jun-2015 P Humana Com USD0.166 (252,412.19) 1.5818 (164,209.71) (159,572.76) (4,636.95)

23-Jun-2015 25-Jun-2015 S Hyundai Mtr Co GDR(V0.5 Ord) 1,051,248.89 1.5818 664,590.27 664,590.27 0.00



24-Jun-2015 29-Jun-2015 P Murphy USA Inc-W/I NPV (25,504.59) 1.5728 (16,436.98) (16,216.04) (220.94)







26-Jun-2015 1-Jul-2015 P The Mosaic Company USD0.01 (220,733.62) 1.5726 (142,225.58) (140,362.22) (1,863.36)

26-Jun-2015 1-Jul-2015 P Zimmer Biomet Holdings Inc Com (222,814.62) 1.5726 (143,566.43) (141,685.50) (1,880.93)

26-Jun-2015 1-Jul-2015 P Cooper Companies Com USD0.10 (276,112.98) 1.5726 (177,908.23) (175,577.38) (2,330.85)

26-Jun-2015 1-Jul-2015 P Itau Unibanco Holding ADR(V 1 Pref) (182,480.69) 1.5726 (117,578.02) (116,037.57) (1,540.45)

26-Jun-2015 1-Jul-2015 S Western Digital Com USD0.01 145,921.56 1.5726 92,790.00 92,790.00 0.00





29-Jun-2015 1-Jul-2015 S Sk hynix inc 393,550.70 1,119.3000 393,550.70 393,550.70 0.00




30-Jun-2015 30-Jun-2015 RL Receipt (local) 302.03 1.5744 191.84 191.84 0.00















Total Acquisitions 12,826,636.60 8,812,519.00 8,812,519.00 0.00

Total Disposals (15842958.12) (10851462.77) (10762825.50) (88,637.27)

Net Values (3,016,321.52) (2,038,943.77) (1,950,306.50) (88,637.27)


CITY AND COUNTY OF SWANSEA DETAILED INVESTMENT CURRENCY CHANGES Page 30SWA aggregate global2 SOUTH AFRICAN RAND STATEMENT 1-Jun-2015 to 30-Jun-2015



1-Jun-2015 1-Jun-2015 INC010 Bank Interest Received to Capital 3,520.75 18.5674 189.62 189.62 0.00




Total Disposals 0.00 (4,408.05) (4,408.05) 0.00

Net Values 3,520.75 184.43 184.43 0.00





1-May-2015 1-May-2015 CREACASH Create Cash 264,207.00 1.3714 192,651.44 192,651.44 0.00



Total Disposals 0.00 (2,826.56) (2,826.56) 0.00

Net Values 264,207.00 189,824.88 189,824.88 0.00








Total Disposals 0.00 (914.29) (914.29) 0.00

Net Values 0.00 0.00 0.00 0.00








Total Disposals 0.00 (20,064.38) (20,064.38) 0.00

Net Values 0.00 0.00 0.00 0.00


CITY AND COUNTY OF SWANSEA DETAILED INVESTMENT CURRENCY CHANGES Page 34SWA aggregate global2 FORWARD FOREIGN EXCHANGE CONTRACTS FOR 1-Jun-2015 to 30-Jun-2015


Total Acquisitions

Total Disposals 0.00 0.00 0.00 0.00

Net Values



Total Acquisitions


Net Values



Total Acquisitions


Net Values



Total Acquisitions


Net Values



Total Acquisitions


Net Values



Total Acquisitions


Net Values

CITY AND COUNTY OF SWANSEA DETAILED INVESTMENT CURRENCY CHANGES Page 40SWA aggregate global2 SUMMARY 1-Jun-2015 to 30-Jun-2015

Book profit (+)Book Cost Proceeds or Loss (-) Book Cost

Trade & Spot deals Opening Forward FX deals

Acquisitions 16,791,544.92 16,791,137.86 407.06 0.00

Disposals (18308796.59) (18216746.17) (92,050.42) 0.00

Net Values (1,517,251.67) (1,425,608.31) (91,643.36) 0.00

Settled Forward FX deals

Acquisitions 0.00 0.00 0.00

Disposals 0.00 0.00 0.00

Net Values 0.00 0.00 0.00

Summary of Currency Transactions

Acquisitions 16,791,544.92 16,791,137.86 407.06

Disposals (18308796.59) (18216746.17) (92,050.42)

Net Values (1,517,251.67) (1,425,608.31) (91,643.36)

CITY AND COUNTY OF SWANSEA PF TRANSACTIONS REPORT Page 1Schroders UK Equity ACQUISITIONS 1-Jun-2015 to 30-Jun-2015

Asset Name Accrued Int Cost/Proceeds Book Cost Profit & Loss End-PeriodTrade Date Quantity Price Sett Date GBP GBP GBP GBP Holding

EQUITIES 0.00 14,602,345.81 14,602,345.81 0.00

UK Quoted 0.00 2,715,044.94 2,715,044.94 0.00

Barclays Ord GBP0.25 974,215.33 974,215.33 4,833,28626-Jun-2015 355,779 2.74 GBP 30-Jun-2015 974,215.33 974,215.33

Rentokil Initial Ord GBP0.01 550,632.14 550,632.14 4,310,41219-Jun-2015 360,260 1.53 GBP 23-Jun-2015 550,632.14 550,632.14

Tesco Ord GBP0.05 1,190,197.47 1,190,197.47 3,418,75810-Jun-2015 164,515 2.10 GBP 12-Jun-2015 344,819.51 344,819.51 17-Jun-2015 279,162 2.10 GBP 19-Jun-2015 585,691.51 585,691.51 18-Jun-2015 123,964 2.09 GBP 22-Jun-2015 259,686.45 259,686.45

Overseas Quoted 0.00 11,887,300.87 11,887,300.87 0.00

BRAZIL 905,077.57 905,077.57 Ambev SA SPONS ADR(V1 Ord) 789,040.00 789,040.00 202,84122-Jun-2015 91,300 6.18 USD 25-Jun-2015 355,503.25 355,503.25 22-Jun-2015 66,641 6.17 USD 25-Jun-2015 258,651.33 258,651.33 22-Jun-2015 16,300 6.19 USD 25-Jun-2015 63,521.15 63,521.15 22-Jun-2015 28,600 6.19 USD 25-Jun-2015 111,364.27 111,364.27

Itau Unibanco Holding ADR(V 1 Pref) 116,037.57 116,037.57 170,12726-Jun-2015 16,448 11.09 USD 1-Jul-2015 116,037.57 116,037.57

CAYMAN ISLANDS 511,388.30 511,388.30 Baidu Com ADR(V0.1 Ord) 234,874.45 234,874.45 8,3371-Jun-2015 1,772 202.26 USD 4-Jun-2015 234,874.45 234,874.45

Cheung Kong Property Holdings Ltd NPV 276,513.85 276,513.85 133,00010-Jun-2015 50,000 65.67 HKD 12-Jun-2015 276,513.85 276,513.85

CHINA 137,679.98 137,679.98 Anhui Conch Cement CNY1 137,679.98 137,679.98 405,50022-Jun-2015 58,000 29.23 HKD 24-Jun-2015 137,679.98 137,679.98

FRANCE 645,750.00 645,750.00 ORANGE EUR4 146,058.01 146,058.01 92,09211-Jun-2015 14,099 14.24 EUR 15-Jun-2015 146,058.01 146,058.01

Sanofi EUR2 XPAR 285,029.57 285,029.57 26,7301-Jun-2015 4,403 90.10 EUR 3-Jun-2015 285,029.57 285,029.57

Valeo EUR3 214,662.42 214,662.42 9,5521-Jun-2015 1,388 147.77 EUR 3-Jun-2015 147,358.08 147,358.08 2-Jun-2015 634 148.16 EUR 4-Jun-2015 67,304.34 67,304.34

CITY AND COUNTY OF SWANSEA PF TRANSACTIONS REPORT Page 2J P Morgan Global Equity ACQUISITIONS 1-Jun-2015 to 30-Jun-2015


EQUITIES 0.00 14,602,345.81 14,602,345.81 0.00

Overseas Quoted 0.00 11,887,300.87 11,887,300.87 0.00

GERMANY 784,406.27 784,406.27 Continental NPV 192,641.08 192,641.08 6,0681-Jun-2015 1,261 212.63 EUR 3-Jun-2015 192,641.08 192,641.08

Henkel Pref NPV 591,765.19 591,765.19 12,5001-Jun-2015 531 109.90 EUR 3-Jun-2015 41,927.99 41,927.99 2-Jun-2015 475 108.73 EUR 4-Jun-2015 37,005.32 37,005.32 2-Jun-2015 567 108.44 EUR 4-Jun-2015 44,052.48 44,052.48 3-Jun-2015 818 108.62 EUR 5-Jun-2015 64,521.31 64,521.31 3-Jun-2015 471 108.92 EUR 5-Jun-2015 37,253.13 37,253.13 4-Jun-2015 467 107.31 EUR 8-Jun-2015 36,831.00 36,831.00 5-Jun-2015 716 106.67 EUR 9-Jun-2015 56,086.45 56,086.45 8-Jun-2015 534 105.58 EUR 10-Jun-2015 41,089.53 41,089.53 9-Jun-2015 100 105.16 EUR 11-Jun-2015 7,715.43 7,715.43 9-Jun-2015 967 104.93 EUR 11-Jun-2015 74,443.93 74,443.93 10-Jun-2015 456 105.46 EUR 12-Jun-2015 35,304.69 35,304.69 10-Jun-2015 484 105.54 EUR 12-Jun-2015 37,499.66 37,499.66 11-Jun-2015 462 106.75 EUR 15-Jun-2015 35,865.14 35,865.14 12-Jun-2015 550 105.78 EUR 16-Jun-2015 42,169.13 42,169.13

HONG KONG 384,128.69 384,128.69 China Mobile (HK) Ltd HKD0.10 275,646.35 275,646.35 133,50012-Jun-2015 32,500 101.92 HKD 16-Jun-2015 275,646.35 275,646.35

China OS Land & Inv HKD0.10 108,482.34 108,482.34 420,0001-Jun-2015 28,000 29.14 HKD 3-Jun-2015 68,974.52 68,974.52 1-Jun-2015 16,000 29.21 HKD 3-Jun-2015 39,507.82 39,507.82

INDIA 206,665.89 206,665.89 Infosys Limited ADR(V 1 Ord) 206,665.89 206,665.89 106,28611-Jun-2015 10,265 31.29 USD 16-Jun-2015 206,665.89 206,665.89

INDONESIA 196,852.94 196,852.94 Bank Rakyat Indonesia IDR 250 196,852.94 196,852.94 1,815,20016-Jun-2015 387,200 10,538.78 IDR 19-Jun-2015 196,852.94 196,852.94

NETHERLANDS 111,113.67 111,113.67 NN Group NV NPV 111,113.67 111,113.67 48,6291-Jun-2015 5,319 25.54 EUR 3-Jun-2015 97,603.41 97,603.41 2-Jun-2015 755 24.97 EUR 4-Jun-2015 13,510.26 13,510.26

RUSSIA 1,619,789.55 1,619,789.55 Lukoil ADR(V 1 Ord) 105,386.52 105,386.52 39,79610-Jun-2015 3,418 47.23 USD 12-Jun-2015 105,386.52 105,386.52

Magnit GDR(V0.2 Ord) Reg S 724,837.40 724,837.40 20,38217-Jun-2015 20,382 55.57 USD 19-Jun-2015 724,837.40 724,837.40



EQUITIES 0.00 14,602,345.81 14,602,345.81 0.00

Overseas Quoted 0.00 11,887,300.87 11,887,300.87 0.00

RUSSIA 1,619,789.55 1,619,789.55 Norilsk Nickel ADR(V1 Ord) 789,565.63 789,565.63 68,39116-Jun-2015 68,391 17.95 USD 18-Jun-2015 789,565.63 789,565.63

SINGAPORE 111,676.22 111,676.22 City Developments SGD0.50 111,676.22 111,676.22 194,8002-Jun-2015 3,700 10.33 SGD 5-Jun-2015 18,565.38 18,565.38 3-Jun-2015 3,800 10.34 SGD 8-Jun-2015 19,009.48 19,009.48 4-Jun-2015 14,200 10.19 SGD 9-Jun-2015 70,322.20 70,322.20 5-Jun-2015 800 9.78 SGD 10-Jun-2015 3,779.16 3,779.16

SOUTH KOREA 688,576.60 688,576.60 Amorepacific Corporation KRW5000 688,576.60 688,576.60 2,99917-Jun-2015 2,999 401265.49 KRW 19-Jun-2015 688,576.60 688,576.60

SWITZERLAND 810,908.04 810,908.04 Actelion CHF0.50 672,928.53 672,928.53 6,8109-Jun-2015 2,714 139.66 CHF 11-Jun-2015 264,912.87 264,912.87 10-Jun-2015 3,627 142.45 CHF 12-Jun-2015 362,202.55 362,202.55 10-Jun-2015 469 139.34 CHF 12-Jun-2015 45,813.11 45,813.11

UBS Group AG CHF0.10 137,979.51 137,979.51 124,7601-Jun-2015 9,766 20.34 CHF 3-Jun-2015 137,979.51 137,979.51

UNITED STATES 4,773,287.15 4,773,287.15 Best Buy Com USD0.10 185,903.24 185,903.24 39,26223-Jun-2015 8,395 35.03 USD 26-Jun-2015 185,903.24 185,903.24

Cooper Companies Com USD0.10 1,134,982.15 1,134,982.15 9,6341-Jun-2015 2,100 183.12 USD 4-Jun-2015 252,012.52 252,012.52 2-Jun-2015 3,000 182.21 USD 5-Jun-2015 359,398.40 359,398.40 2-Jun-2015 600 182.11 USD 5-Jun-2015 71,841.26 71,841.26 3-Jun-2015 500 183.80 USD 8-Jun-2015 59,966.33 59,966.33 3-Jun-2015 590 185.00 USD 8-Jun-2015 71,221.55 71,221.55 9-Jun-2015 1,284 172.42 USD 12-Jun-2015 144,964.71 144,964.71 26-Jun-2015 1,560 177.00 USD 1-Jul-2015 175,577.38 175,577.38

Ebay Com USD0.001 1,029,600.06 1,029,600.06 25,3465-Jun-2015 8,849 63.25 USD 10-Jun-2015 364,287.58 364,287.58 5-Jun-2015 8,900 63.10 USD 10-Jun-2015 365,538.40 365,538.40 9-Jun-2015 7,597 60.26 USD 12-Jun-2015 299,774.08 299,774.08

Freeport-Mcmoran Copper & Gold B Com USD0.1 141,667.09 141,667.09 89,13210-Jun-2015 10,476 20.71 USD 15-Jun-2015 141,667.09 141,667.09

Gilead Sciences Com USD0.001 355,551.72 355,551.72 21,2541-Jun-2015 4,779 113.53 USD 4-Jun-2015 355,551.72 355,551.72



EQUITIES 0.00 14,602,345.81 14,602,345.81 0.00

Overseas Quoted 0.00 11,887,300.87 11,887,300.87 0.00

UNITED STATES 4,773,287.15 4,773,287.15 Humana Com USD0.166 159,572.76 159,572.76 8,96823-Jun-2015 1,321 191.08 USD 26-Jun-2015 159,572.76 159,572.76

Marriott Vacations Worldwide Corp USD0.01 32,986.92 32,986.92 15,4573-Jun-2015 557 90.76 USD 8-Jun-2015 32,986.92 32,986.92

Murphy USA Inc-W/I NPV 112,248.20 112,248.20 22,82023-Jun-2015 1,100 58.41 USD 26-Jun-2015 40,619.68 40,619.68 23-Jun-2015 1,100 58.49 USD 26-Jun-2015 40,671.07 40,671.07 23-Jun-2015 400 58.29 USD 26-Jun-2015 14,741.41 14,741.41 24-Jun-2015 437 58.36 USD 29-Jun-2015 16,216.04 16,216.04

Rockwell Automation Com USD1 910,638.51 910,638.51 11,0412-Jun-2015 4,700 125.84 USD 5-Jun-2015 388,865.32 388,865.32 3-Jun-2015 2,300 126.20 USD 8-Jun-2015 189,391.20 189,391.20 3-Jun-2015 2,307 126.32 USD 8-Jun-2015 190,146.30 190,146.30 9-Jun-2015 1,734 125.27 USD 12-Jun-2015 142,235.69 142,235.69

The Mosaic Company USD0.01 140,362.22 140,362.22 40,20326-Jun-2015 4,700 46.96 USD 1-Jul-2015 140,362.22 140,362.22

Walt Disney Com USD0.01 428,088.78 428,088.78 21,2471-Jun-2015 5,881 111.08 USD 4-Jun-2015 428,088.78 428,088.78

Zimmer Biomet Holdings Inc Com USD0.01 141,685.50 141,685.50 13,48626-Jun-2015 1,964 113.45 USD 1-Jul-2015 141,685.50 141,685.50

POOLED INVESTMENT VEHICLES 0.00 13,352,137.37 13,352,137.37 0.00

Managed Funds - property 0.00 7,205,000.00 7,205,000.00 0.00

L&G Japan Equity Index 1,670,000.00 1,670,000.00 18,843,77523-Jun-2015 Free Purchase - Cost to Creati 1,087,976 1.32 GBP 23-Jun-2015 1,439,467.85 1,439,467.85 23-Jun-2015 Free Purchase - Cost to Creati 30,181 1.33 GBP 23-Jun-2015 40,000.00 40,000.00 23-Jun-2015 Free Purchase - Cost to Creati 143,763 1.33 GBP 23-Jun-2015 190,532.15 190,532.15

L&G North America Equity Index 5,535,000.00 5,535,000.00 7,088,77823-Jun-2015 Free Purchase - Cost to Creati 11,567 13.98 GBP 23-Jun-2015 161,745.90 161,745.90 23-Jun-2015 Free Purchase - Cost to Creati 34,028 13.98 GBP 23-Jun-2015 475,843.51 475,843.51 23-Jun-2015 Free Purchase - Cost to Creati 55,718 13.98 GBP 23-Jun-2015 779,156.49 779,156.49 23-Jun-2015 Free Purchase - Cost to Creati 294,193 13.98 GBP 23-Jun-2015 4,113,997.62 4,113,997.62 23-Jun-2015 Free Purchase - Cost to Creati 304 14.00 GBP 23-Jun-2015 4,256.48 4,256.48

CITY AND COUNTY OF SWANSEA PF TRANSACTIONS REPORT Page 5Schroders Property ACQUISITIONS 1-Jun-2015 to 30-Jun-2015


POOLED INVESTMENT VEHICLES 0.00 13,352,137.37 13,352,137.37 0.00

Unit Trusts - Other 0.00 6,147,137.37 6,147,137.37 0.00

Multi Let Ind Prop Unit Trust 47,556.90 47,556.90 42426-Jun-2015 48 1,000.00 GBP 13-Jul-2015 47,556.90 47,556.90

Schroder Instl UK Smaller Cos Inc 5,279,580.47 5,279,580.47 1,672,38529-Jun-2015 779,619 6.77 GBP 3-Jul-2015 5,279,580.47 5,279,580.47

TA Liquidity Fund 820,000.00 820,000.00 14,629,06423-Jun-2015 Free Purchase - Cost to Creati 753,137 1.09 GBP 23-Jun-2015 820,000.00 820,000.00

Total Number Of Acquisitions: 88 TOTAL ACQUISITIONS 0.00 27,954,483.18 27,954,483.18 0.00

CITY AND COUNTY OF SWANSEA PF TRANSACTIONS REPORT Page 6BLACKROCK GTAA DISPOSALS 1-Jun-2015 to 30-Jun-2015


EQUITIES 0.00 (26,212,617.86) (24,210,804.22) 2,001,813.64

UK Quoted 0.00 (16,727,407.12) (15,400,250.34) 1,327,156.78

Blackrock Gasl Swagalttl S43 (14,895,445.92) (14,442,000.00) 453,445.92 029-May-2015 14,442 1,031.40 GBP 9-Jun-2015 (14,895,445.92) (14,442,000.00) 453,445.92

SVG Capital PLC GBP1 (416,984.35) (171,481.85) 245,502.50 822,2311-Jun-2015 Sale Capital Event 77,941 5.35 GBP 1-Jun-2015 (416,984.35) (171,481.85) 245,502.50

Unilever Ord GBP0.031 (1,414,976.85) (786,768.49) 628,208.36 265,11326-Jun-2015 49,941 28.33 GBP 30-Jun-2015 (1,414,976.85) (786,768.49) 628,208.36

Overseas Quoted 0.00 (9,485,210.74) (8,810,553.88) 674,656.86

AUSTRALIA (690,180.20) (672,390.76) 17,789.44 South32 NPV (690,180.20) (672,390.76) 17,789.44 130,88426-Jun-2015 7,216 0.90 GBP 30-Jun-2015 (6,462.80) (7,931.95) (1,469.15)10-Jun-2015 651,512 1.05 GBP 12-Jun-2015 (683,717.40) (664,458.81) 19,258.59

CAYMAN ISLANDS (847,134.05) (766,340.41) 80,793.64 KWG Property NPV (847,134.05) (766,340.41) 80,793.64 012-Jun-2015 98,500 6.85 HKD 16-Jun-2015 (56,153.57) (48,936.49) 7,217.08 12-Jun-2015 453,500 6.90 HKD 16-Jun-2015 (260,459.12) (225,306.56) 35,152.56 17-Jun-2015 990,500 6.49 HKD 19-Jun-2015 (530,521.36) (492,097.36) 38,424.00

CHINA (612,513.01) (579,151.67) 33,361.34 Dong Feng Motor Group CNY 1 (612,513.01) (579,151.67) 33,361.34 012-Jun-2015 280,000 11.19 HKD 16-Jun-2015 (260,654.22) (247,954.84) 12,699.38 12-Jun-2015 374,000 11.31 HKD 16-Jun-2015 (351,858.79) (331,196.83) 20,661.96

FRANCE (148,989.33) (147,553.63) 1,435.70 Sanofi EUR2 XPAR (148,989.33) (147,553.63) 1,435.70 26,7309-Jun-2015 2,314 87.76 EUR 11-Jun-2015 (148,989.33) (147,553.63) 1,435.70

GERMANY (961,861.92) (748,298.15) 213,563.77 BMW EUR1 (961,861.92) (748,298.15) 213,563.77 01-Jun-2015 5,992 100.75 EUR 3-Jun-2015 (433,734.85) (335,262.64) 98,472.21 2-Jun-2015 2,436 100.27 EUR 4-Jun-2015 (175,008.47) (136,298.36) 38,710.11 2-Jun-2015 1,251 100.16 EUR 4-Jun-2015 (89,776.62) (69,995.59) 19,781.03 2-Jun-2015 3,695 99.47 EUR 4-Jun-2015 (263,341.98) (206,741.56) 56,600.42

IRELAND (202,979.30) (142,968.25) 60,011.05 ###Actavis Plc Com USD0.0033 (202,979.30) (142,968.25) 60,011.05 09-Jun-2015 1,045 296.64 USD 11-Jun-2015 (202,979.30) (142,968.25) 60,011.05

JAPAN (688,812.71) (662,791.15) 26,021.56 Kawasaki Kisen JPY50 (688,812.71) (662,791.15) 26,021.56 02-Jun-2015 214,000 306.06 JPY 5-Jun-2015 (345,874.44) (330,623.09) 15,251.35 2-Jun-2015 93,000 305.45 JPY 5-Jun-2015 (150,012.40) (143,682.00) 6,330.40

CITY AND COUNTY OF SWANSEA PF TRANSACTIONS REPORT Page 7J P Morgan Global Equity DISPOSALS 1-Jun-2015 to 30-Jun-2015


EQUITIES 0.00 (26,212,617.86) (24,210,804.22) 2,001,813.64

Overseas Quoted 0.00 (9,485,210.74) (8,810,553.88) 674,656.86

JAPAN (688,812.71) (662,791.15) 26,021.56 Kawasaki Kisen JPY50 (688,812.71) (662,791.15) 26,021.56 03-Jun-2015 122,000 300.77 JPY 8-Jun-2015 (192,925.87) (188,486.06) 4,439.81

SOUTH KOREA (1,058,140.97) (1,104,861.09) (46,720.12)Hyundai Mtr Co GDR(V0.5 Ord) (664,590.27) (811,939.53) (147,349.26) 023-Jun-2015 17,809 59.03 USD 25-Jun-2015 (664,590.27) (811,939.53) (147,349.26)

Sk hynix inc (393,550.70) (292,921.56) 100,629.14 21,26429-Jun-2015 10,796 40,802.27 KRW 1-Jul-2015 (393,550.70) (292,921.56) 100,629.14

SPAIN (3.85) (3.85)###Ferrovial SA NPV Rights (3.85) (3.85) 01-Jun-2015 Sale Capital Event 30 0.00 EUR 1-Jun-2015 (3.85) (3.85)

SWEDEN (48,589.01) (6,208.60) 42,380.41 ###Atlas Copco AB A NPV (48,589.01) (6,208.60) 42,380.41 09-Jun-2015 Sale Capital Event 104,700 5.92 SEK 9-Jun-2015 (48,589.01) (6,208.60) 42,380.41

SWITZERLAND (814,150.82) (778,959.75) 35,191.07 Swiss Life Rentenanstalt CHF50 (814,150.82) (778,959.75) 35,191.07 01-Jun-2015 3,204 222.84 CHF 3-Jun-2015 (495,987.77) (474,303.88) 21,683.89 2-Jun-2015 1,674 222.26 CHF 4-Jun-2015 (258,581.09) (247,810.46) 10,770.63 3-Jun-2015 384 222.16 CHF 5-Jun-2015 (59,581.96) (56,845.41) 2,736.55

TURKEY (535,708.41) (690,004.71) (154,296.30)KOC Holding AS TRY1 (535,708.41) (690,004.71) (154,296.30) 011-Jun-2015 190,516 11.98 TRY 15-Jun-2015 (535,708.41) (690,004.71) (154,296.30)

UNITED STATES (2,876,151.01) (2,511,021.86) 365,129.15 ###Rock-Tenn Com USD0.01 (940,249.11) (908,950.28) 31,298.83 017-Jun-2015 5,200 63.83 USD 19-Jun-2015 (212,422.66) (204,452.87) 7,969.79 17-Jun-2015 12,700 63.22 USD 19-Jun-2015 (513,832.95) (499,336.82) 14,496.13 17-Jun-2015 5,218 64.08 USD 19-Jun-2015 (213,993.50) (205,160.59) 8,832.91

Citigroup Com USD0.01 (155,362.82) (111,676.93) 43,685.89 77,48910-Jun-2015 4,169 57.08 USD 15-Jun-2015 (155,362.82) (111,676.93) 43,685.89

Comcast Com USD1 (125,064.62) (68,376.29) 56,688.33 40,6839-Jun-2015 3,302 57.84 USD 11-Jun-2015 (125,064.62) (68,376.29) 56,688.33

Google Inc Com NPV (349,395.76) (287,816.32) 61,579.44 7,6555-Jun-2015 1,005 534.11 USD 10-Jun-2015 (349,395.76) (287,816.32) 61,579.44

Humana Com USD0.166 (210,783.54) (72,652.39) 138,131.15 8,9689-Jun-2015 100 212.71 USD 12-Jun-2015 (13,928.18) (4,786.06) 9,142.12 9-Jun-2015 500 212.64 USD 12-Jun-2015 (69,616.32) (23,930.30) 45,686.02 10-Jun-2015 400 213.34 USD 15-Jun-2015 (55,714.22) (19,144.24) 36,569.98

CITY AND COUNTY OF SWANSEA PF TRANSACTIONS REPORT Page 8J P Morgan Global Equity DISPOSALS 1-Jun-2015 to 30-Jun-2015


EQUITIES 0.00 (26,212,617.86) (24,210,804.22) 2,001,813.64

Overseas Quoted 0.00 (9,485,210.74) (8,810,553.88) 674,656.86

UNITED STATES (2,876,151.01) (2,511,021.86) 365,129.15 Humana Com USD0.166 (210,783.54) (72,652.39) 138,131.15 8,96810-Jun-2015 100 212.36 USD 15-Jun-2015 (13,864.36) (4,786.06) 9,078.30 11-Jun-2015 200 214.66 USD 16-Jun-2015 (27,624.57) (9,572.12) 18,052.45 12-Jun-2015 218 213.55 USD 17-Jun-2015 (30,035.89) (10,433.61) 19,602.28

Travelers Cos NPV (851,977.28) (858,452.95) (6,475.67) 02-Jun-2015 12,899 100.46 USD 5-Jun-2015 (851,977.28) (858,452.95) (6,475.67)

Western Digital Com USD0.01 (92,790.00) (88,909.53) 3,880.47 12,00926-Jun-2015 1,728 84.45 USD 1-Jul-2015 (92,790.00) (88,909.53) 3,880.47

Zimmer Biomet Holdings Inc Com USD0.01 (150,527.88) (114,187.17) 36,340.71 13,48610-Jun-2015 2,027 113.75 USD 12-Jun-2015 (150,527.88) (114,187.17) 36,340.71

POOLED INVESTMENT VEHICLES 0.00 (25,103,207.10) (24,357,767.69) 745,439.41

Managed Funds - property 0.00 (8,025,000.00) (5,983,063.06) 2,041,936.94

L&G Europe (Ex UK) Equity Index (1,255,000.00) (672,008.35) 582,991.65 4,637,31223-Jun-2015 Free Sale - Proceeds to Cancel 42,176 11.28 GBP 23-Jun-2015 (475,843.51) (254,988.06) 220,855.45 23-Jun-2015 Free Sale - Proceeds to Cancel 68,977 11.30 GBP 23-Jun-2015 (779,156.49) (417,020.29) 362,136.20

L&G Global Emerging Markets Index (6,730,000.00) (5,292,312.74) 1,437,687.26 4,782,19423-Jun-2015 Free Sale - Proceeds to Cancel 29,877 6.38 GBP 23-Jun-2015 (190,532.15) (149,841.79) 40,690.36 23-Jun-2015 Free Sale - Proceeds to Cancel 128,584 6.38 GBP 23-Jun-2015 (820,000.00) (644,879.48) 175,120.52 23-Jun-2015 Free Sale - Proceeds to Cancel 225,722 6.38 GBP 23-Jun-2015 (1,439,467.85) (1,132,052.81) 307,415.04 23-Jun-2015 Free Sale - Proceeds to Cancel 645,114 6.38 GBP 23-Jun-2015 (4,113,997.62) (3,235,405.73) 878,591.89 23-Jun-2015 Free Sale - Proceeds to Cancel 665 6.40 GBP 23-Jun-2015 (4,256.48) (3,336.74) 919.74 23-Jun-2015 Free Sale - Proceeds to Cancel 25,282 6.40 GBP 23-Jun-2015 (161,745.90) (126,796.19) 34,949.71

L&G UK Equity Index (40,000.00) (18,741.97) 21,258.03 12,333,29023-Jun-2015 Free Sale - Proceeds to Cancel 3,739 10.70 GBP 23-Jun-2015 (40,000.00) (18,741.97) 21,258.03

Unit Trusts - Other 0.00 (17,078,207.10) (18,374,704.63)(1,296,497.53)

GASL SWAGALTTTL S43 (14,895,445.92) (17,590,818.14)(2,695,372.22) 09-Jun-2015 Sale Capital Event 14,442 1,035.54 GBP 9-Jun-2015 (14,895,445.92) (17,590,818.14)(2,695,372.22)

CITY AND COUNTY OF SWANSEA PF TRANSACTIONS REPORT Page 9Schroders UK Equity DISPOSALS 1-Jun-2015 to 30-Jun-2015


POOLED INVESTMENT VEHICLES 0.00 (25,103,207.10) (24,357,767.69) 745,439.41

Unit Trusts - Other 0.00 (17,078,207.10) (18,374,704.63)(1,296,497.53)

Schroder Instutional Recovery Fund Inc (2,182,761.18) (783,886.49) 1,398,874.69 029-Jun-2015 20,099 108.60 GBP 3-Jul-2015 (2,182,761.18) (783,886.49) 1,398,874.69

Total Number of Disposals: 53 TOTAL DISPOSALS 0.00 (51,315,824.96) (48,568,571.91) 2,747,253.05

Total Number of Acquisitions/Disposals: 141 NET ACQUISITIONS/(DISPOSALS 0.00 (23,361,341.78) (20,614,088.73) 2,747,253.05

CITY AND COUNTY OF SWANSEA PF TRANSACTIONS REPORT Page 10Schroders UK Equity CORPORATE ACTIONS 1-Jun-2015 to 30-Jun-2015


EQUITIES 212,903.23 212,903.23 0.00

UK Quoted 212,972.09 212,972.09 0.00

###Spirax-Sarco Engineering Plc Ord GBP0.259615 (1,471,992.80) 015-Jun-2015 Conversion - dec old qty 151,157 15-Jun-2015 (1,471,992.80)

15-Jun-2015 Consolidation - dec nomin 5,599 15-Jun-2015

Centrica Ord GBP0.061728 212,972.09 212,972.09 2,618,30225-Jun-2015 Dividend Re-investment 82,920 2.57 GBP 25-Jun-2015 212,972.09 212,972.09

Spirax Sarco Engineering PLC Ord GBP0.269230769 1,471,992.80 151,15715-Jun-2015 Conversion - inc new qty 151,157 15-Jun-2015 1,471,992.80

Overseas Quoted (68.86) (68.86) 0.00

INDIAInfosys Limited ADR(V 1 Ord) 106,28625-Jun-2015 Stock split - inc nominal 53,143 25-Jun-2015

IRELAND###Actavis Plc Com USD0.0033 (1,208,594.71) 015-Jun-2015 Conversion - dec old qty 8,834 15-Jun-2015 (1,208,594.71)

Allergan Plc USD0.0033 1,208,594.71 8,83415-Jun-2015 Conversion - inc new qty 8,834 15-Jun-2015 1,208,594.71

SPAIN (68.86) (68.86)Iberdrola EUR0.75 (68.86) (68.86) 190,08819-May-2015 Corp Action Cash Recd Boo 0 0.00 EUR 19-May-2015 (68.86) (68.86)

UNITED STATESMarathon Petroleum Corporation NPV 25,72211-Jun-2015 Stock split - inc nominal 12,861 11-Jun-2015

Ross Stores Com USD0.01 31,82812-Jun-2015 Stock split - inc nominal 15,914 12-Jun-2015

Total Number Of Corporate Actions: 10 TOTAL CORPORATE ACTIONS 212,903.23 212,903.23 0.00

Net Acquisitions/Disposals/Corporate Actions: 151 NET MOVEMENT 0.00 (23,148,438.55) (20,401,185.50) 2,747,253.05

CITY AND COUNTY OF SWANSEA TRIAL BALANCE REPORT (GBP) Page 1SWA aggregate global2 31-May-2015 to 30-Jun-2015

----------------------------30-Jun-2015-----------------------------Account Type 31-May-2015 Movement Debit Credit ASSETS/LIABILITIES 1,111,674,929.31 5,831,122.10 1,117,506,051.41 0.00

CASH 20,385,012.21 26,232,307.60 46,617,319.81 -UK ASSETS 643,196,107.67 (23,477,863.63) 619,718,244.04 -OVERSEAS ASSETS 445,366,200.62 3,076,678.13 448,442,878.75 -REAL PROPERTY 2,727,608.80 - 2,727,608.80 -FUTURES LIABILITY 0.01 - 0.01 - ACCRUALS 2,919,431.83 (560,981.52) 2,565,258.63 206,808.32

IRRECOVERABLE TAX PAYABLE (11,613.25) (28,833.05) - 40,446.30RECOVERABLE OVERSEAS 228,776.07 8,533.63 237,309.70 -RECLAIMABLE TAX (166,344.70) - - 166,344.70UK TAX FII10% 40,940.85 - 40,940.85 -UK TAX OSEAS DIVS 165,121.95 - 165,121.95 -OFFSET OSEAS DIVS 2,376.73 - 2,376.73 -TAX PAYABLE/RECEIV'B (17.32) - - 17.32ACCRUED INCOME 2,660,191.50 (540,682.10) 2,119,509.40 - DEBTORS/CREDITORS (2,522,238.87) (852,740.52) 2,525,784.17 5,900,763.56

PURCH FOR SETTLEMENT (4,311,399.22) (1,589,364.34) - 5,900,763.56SALES FOR SETTLEMENT 1,786,984.92 738,799.25 2,525,784.17 -SPOT FX SALE SETTLMT (1,325,923.71) 1,325,923.71 - -SPOT FX PURCH SETTLT 1,328,099.14 (1,328,099.14) - - INCOME/EXPENDITURE (282,607,536.40) 58,576,993.71 79,560,581.11 303,591,123.80

DIVIDEND INCOME (44,213,133.59) (1,754,389.98) - 45,967,523.57REV COLLECTION EXPS 459,772.63 1,299.94 461,072.57 -MISCELLANEOUS CHARGE 289,153.58 - 289,153.58 -TRANSACTION CHARGES 50.00 - 50.00 -OVERSEAS TAX 679,776.51 21,814.23 701,590.74 -RECLAIM TAX W/OFF (22,643.88) (69.63) - 22,713.51IRRECOVERABLE UFII PAYABLE 11,622.86 28,981.84 40,604.70 -INVESTMENT RESERVE (108,925,051.14) (2,747,253.05) - 111,672,304.19INV UNREALISED P&L (103,724,330.03) 62,994,393.77 - 40,729,936.26CURRENCY GAIN/LOSS (1,079,668.50) 91,643.36 - 988,025.14CURRENCY UNREAL P&L 964,237.67 144,998.58 1,109,236.25 -FFX REALISED P&L 5,607.76 - 5,607.76 -CAPITAL CREATION (93,892,093.42) (8,217,651.44) - 102,109,744.86CAPITAL CANCELLATION 67,637,913.06 8,025,000.00 75,662,913.06 -BANK INTEREST (4,593.44) (473.29) - 5,066.73MISCELLANEOUS INCOME (34,770.67) (560.81) - 35,331.48UK FRANKED INC @20% (2,006,831.19) (10,466.54) - 2,017,297.73REBATE MGMT FEE (42,905.17) (275.16) - 43,180.33OVERDRAFT INTEREST 141.77 1.89 143.66 -EXTERNAL MANAGER FEES 1,288,552.15 - 1,288,552.15 -GREEK SALES TAX 1,656.64 - 1,656.64 -

CITY AND COUNTY OF SWANSEA TRIAL BALANCE REPORT (GBP) Page 2SWA aggregate global2 31-May-2015 to 30-Jun-2015

----------------------------30-Jun-2015-----------------------------Account Type 31-May-2015 Movement Debit Credit

CONTROL (829,464,585.87) (62,994,393.77) 347,787,081.39 1,240,246,061.03

CAPITAL CONTROL (1,237,642,892.10) - - 1,237,642,892.10REVENUE CONTROL (2,603,168.93) - - 2,603,168.93CAPITAL REVALUATION 410,781,475.16 (62,994,393.77) 347,787,081.39 -

TOTAL 0.00 0.00 1,549,944,756.71 1,549,944,756.71

TB NAV: 1,464,276,603.72

* * * End of Report * * *

CITY AND COUNTY OF SWANSEA BOOK COST RECONCILIATION Page 1SWA aggregate global2 1-Jun-2015 to 30-Jun-2015

Opening Book Cost Purchases Cost of Sales Profit on Proceeds Closing Book CostPurchases/Sales

FIXED INTEREST SECURITIES 794,130.61 0.00 0.00 794,130.61

Europe 794,130.61 0.00 0.00 794,130.61

EQUITIES 648,513,104.95 17,495,905.41 (26,891,460.59) 2,001,813.64 28,893,274.23 639,117,549.77

United Kingdom 343,734,653.64 4,400,009.83 (16,872,243.14) 1,327,156.78 18,199,399.92 331,262,420.33 North America 139,086,219.57 4,773,287.15 (2,511,021.86) 365,129.15 2,876,151.01 141,348,484.86 Europe 91,227,683.86 3,560,772.69 (3,722,660.51) 198,281.85 3,920,942.36 91,065,796.04 Japan 24,058,676.30 0.00 (662,791.15) 26,021.56 688,812.71 23,395,885.15 Pacific ex-Japan 12,119,419.05 580,981.63 (672,390.76) 17,789.44 690,180.20 12,028,009.92 Other Markets 38,286,452.53 4,180,854.11 (2,450,353.17) 67,434.86 2,517,788.03 40,016,953.47

POOLED INVESTMENT VEHICLES 441,982,681.54 13,352,137.37 (24,357,767.69) 745,439.41 25,103,207.10 430,977,051.22

United Kingdom 302,189,062.83 13,352,137.37 (24,357,767.69) 745,439.41 25,103,207.10 291,183,432.51 Europe 112,849,089.98 0.00 0.00 112,849,089.98 Other Markets 26,944,528.73 0.00 0.00 26,944,528.73

TOTAL 1,091,289,917.10 30,848,042.78 (51,249,228.28) 2,747,253.05 53,996,481.33 1,070,888,731.60

Book Cost Movement (20,401,185.50)

CITY AND COUNTY OF SWANSEA CASH MOVEMENTS Page 1SWA aggregate global2 1-Jun-2015 to 30-Jun-2015

Description Balance (GBP)

Opening Balance 17,862,773.34

Income Received 2,272,556.49

Underwriting Commision 0.00

Tax Refunds 3,892.54

Expenses Paid (1.89)

Cost Of Purchases (28,167,455.27)

Sale Proceeds 51,315,893.82

Accrued Interest 0.00

Foreign Exchange P & L (237,970.05)

Derivatives P & L 0.00

Capital Injections 192,651.44

Collateral Interest Paid/Rec'd 0.00

Collateral Cash Paid/Rec'd 0.00

Adjustments 0.00

Closing Balance 43,242,340.42

CITY AND COUNTY OF SWANSEA CASH ANALYSIS Page 1SWAAGG2 1-Jun-2015 to 30-Jun-2015

Description Balance (GBP)

Opening Balance 17,862,773.34

With Custodian Bank 14,471,394.74 Purchases For Settlement (4,311,399.22)Sales For Settlement 1,786,984.92 Foreign Currency 5,913,617.47 Spot Fx Sales/Purchase 2,175.43

Closing Balance 43,242,340.42

With Custodian Bank 44,199,137.70 Purchases For Settlement (5,900,763.56)Sales For Settlement 2,525,784.17 Foreign Currency 2,418,182.11

Capital Injections 192,651.44

Capital Creations 8,217,651.44 Capital Liquidations (8,025,000.00)

CITY AND COUNTY OF SWANSEA CHANGE IN MARKET VALUE REPORT Page 1SWA aggregate global2 31-May-2015 to 30-Jun-2015

Sales NetOpening Purchases/ Proceeds/ Purchases/ Realised Profit Appreciation/ ClosingValue Payments Receipts Payments Loss on Sales Depreciation Valuation

FIXED INTEREST SECURITIES 999,556.99 0.00 0.00 0.00 0.00 -67,996.94 931,560.05

OVERSEAS PRIVATE SECTOR 999,556.99 0.00 0.00 0.00 0.00 -67,996.94 931,560.05

EQUITIES 837,572,767.16 14,815,317.90 26,212,686.72 -11,397,368.82 2,001,817.49 -42,189,058.17 785,988,157.66

UK QUOTED 457,513,209.99 2,928,017.03 16,727,407.12 -13,799,390.09 1,327,156.78 -22,948,176.80 422,092,799.88OVERSEAS QUOTED 374,275,176.94 11,887,300.87 9,485,279.60 2,402,021.27 674,660.71 -19,639,388.53 357,712,470.39OVERSEAS UNQUOTED 5,784,380.23 0.00 0.00 0.00 0.00 398,507.16 6,182,887.39

POOLED INVESTMENT VEHICLES 663,499,061.51 13,352,137.37 25,103,207.10 -11,751,069.73 745,439.41 -20,737,335.91 631,756,095.28

MANAGED FUNDS - PROPERTY 466,744,246.17 7,205,000.00 8,025,000.00 -820,000.00 2,041,936.94 -24,289,706.64 443,676,476.47MANAGED FUNDS - OTHER 144,104,557.18 0.00 0.00 0.00 0.00 2,325,960.73 146,430,517.91UNIT TRUSTS - PROPERTY 3,525,964.58 0.00 0.00 0.00 0.00 24,046.74 3,550,011.32UNIT TRUSTS - OTHER 49,124,293.58 6,147,137.37 17,078,207.10 -10,931,069.73 -1,296,497.53 1,202,363.26 38,099,089.58

DERIVATIVES 6.60 0.00 0.00 0.00 -3.85 -2.75 0.00

OVERSEAS QUOTED 6.60 0.00 0.00 0.00 -3.85 -2.75 0.00

CASH AND DEPOSITS 20,782,205.17 0.00 0.00 0.00 0.00 0.00 45,600,790.73

PURCHASES FOR SETTLEMENT -2,983,300.08 0.00 0.00 0.00 0.00 0.00 -5,900,763.56SALES FOR SETTLEMENT 461,061.21 0.00 0.00 0.00 0.00 0.00 2,525,784.17CASH 20,385,012.21 0.00 0.00 0.00 0.00 0.00 46,617,319.81TAX RECEIVABLE 259,240.33 0.00 0.00 0.00 0.00 0.00 238,940.91INCOME RECEIVABLE 2,660,191.50 0.00 0.00 0.00 0.00 0.00 2,119,509.40

TOTAL 1,522,853,597.43 28,167,455.27 51,315,893.82 -23,148,438.55 2,747,253.05 -62,994,393.77 1,464,276,603.72

CITY AND COUNTY OF SWANSEA CHANGE IN MARKET VALUE CHECK REPORT Page 2SWA aggregate global2 31-May-2015 to 30-Jun-2015

Profit on Sales Profit & Loss Difference(A230100+A230200++A230700+A231300+

+A231500)

-2,747,253.05 -2,747,253.05 0.00

Unrealised Unrealised P/L DifferenceAppreciation/ (A230300+A218005)Depreciation

62,994,393.77 62,994,393.77 0.00

Opening Net Swap-CDS Notional Cash-CDS DifferenceNotional Cash-CDS Protection/ (A150102)

Liability Offset

0.00 0.00 0.00 0.00

Closing Net Swap-CDS Notional Cash-CDS DifferenceNotional Cash-CDS Protection/ (A150102)

Liability Offset

0.00 0.00 0.00 0.00

Documents

CityandCountyofSwansea Aggregate MonthlyReports · PDF file6,592,003 Vodafone Group Ord USD0.2095238 2.30 GBP 15,151,718.90 9,899,838.01 739,623 3.29 1.03 Utilities 9,125,741.44 11,496,541.16