| Historic Prices | |
| January 2004 Portfolio |
JANUARY 2004 Portfolio Performance : +3.46% vs. MSCI: +1.54%
| GAA Q Fund | Opening Price | Closing Price | Gain/Loss | |
| Jan-04 | USD Standard | USD Standard | USD % | |
| Stock forecast @ beginning of the month | Country | 01-Jan-04 | 31-Jan-04 | 31-Jan-04 |
| QANTAS AIRWAYS ( QAN.AU ) | AUSTRALIA | 2.47 | 2.63 | 6.42% |
| WNB.AG ( WBST.AT ) WIENERBERGER AG | AUSTRIA | 26.24 | 28.86 | 10.00% |
| ALMANIJ ( ALM.BE ) | BELGIUM | 49.90 | 58.80 | 17.84% |
| CAEMI METAL PN 1000 ( CMET4.BR ) | BRAZIL | 437.48 | 450.05 | 2.87% |
| TRACTEBEL PNB 1000 ( TBLE6.BR ) | BRAZIL | 1.40 | 2.17 | 55.43% |
| BANCO ITAU.HLDG.FINCA.PN1000 ( ITAU4.BR ) | BRAZIL | 98.86 | 95.12 | -3.78% |
| CEMIG PN 1000 ( CMIG4.BR ) | BRAZIL | 18.17 | 16.96 | -6.65% |
| COPEL PNB 1000 ( CPLE6.BR ) | BRAZIL | 4.68 | 3.90 | -16.67% |
| NEXFOR ( NF.CA ) | CANADA | 8.37 | 8.73 | 4.31% |
| RAUTARUUKKI K ( RTRKS.FI ) | FINLAND | n/a | n/a | n/a |
| GEODIS ( GEO.FR ) | FRANCE | 49.06 | 55.78 | 13.71% |
| LAFUMA ( LAF.FR ) | FRANCE | 78.85 | 78.22 | -0.80% |
| FUCHS PETROLUB PREF. ( FPE3.DE ) | GERMANY | 54.25 | 59.12 | 8.98% |
| THYSSENKRUPP ( TKA.DE ) | GERMANY | 19.45 | 19.72 | 1.38% |
| DYCKERHOFF PREF. ( DYK3.DE ) | GERMANY | 16.65 | 18.49 | 11.07% |
| HANG LUNG GROUP LTD. ( 10.HK ) | HONG KONG | 1.25 | 1.60 | 27.70% |
| ORIENT OS. INTL. ( 316.HK ) | HONG KONG | 3.07 | 3.47 | 13.09% |
| VICTORY CITY ( 539.HK ) | HONG KONG | 0.44 | 0.45 | 2.84% |
| OTP BANK ( OTP.HU ) | HUNGARY | n/a | n/a | n/a |
| BANK MANDIRI (PERSERO) ( BMRI.ID ) | INDONESIA | 0.12 | 0.15 | 30.45% |
| BANK DANAMON ( BDMN.ID ) | INDONESIA | 0.24 | 0.27 | 12.74% |
| LEUMI ( LUMI.IL ) | ISRAEL | 1.89 | 1.88 | -0.31% |
| POALIM ( POLI.IL ) | ISRAEL | 2.45 | 2.49 | 1.37% |
| MILANO ASSIC. ( MI.IT ) | ITALY | 3.75 | 3.86 | 2.74% |
| IMPREGILO ( IPG.IT ) | ITALY | 0.63 | 0.51 | -19.38% |
| SUMITOMO RUBBER INDS. ( 5110.JP ) | JAPAN | 5.43 | 6.12 | 12.83% |
| ISUZU MOTORS ( 7202.JP ) | JAPAN | 2.00 | 1.92 | -4.30% |
| HOKUETSU PAPER MILLS ( 3865.JP ) | JAPAN | 5.65 | 5.57 | -1.48% |
| SEINO TRANSPORTATION ( 9076.JP ) | JAPAN | 8.25 | 8.72 | 5.71% |
| TOP GLOVE ( TOPG.MY ) | MALAYSIA | 1.27 | 1.53 | 20.05% |
| KIAN JOO CAN FACTORY ( KJC.MY ) | MALAYSIA | 0.82 | 0.81 | -1.33% |
| HOGAR 'B' ( HOGARB.MX ) | MEXICO | 0.34 | 0.43 | 28.31% |
| TWENTSCHE KABEL ( TK.NL ) | NETHERLANDS | 22.18 | 21.34 | -3.75% |
| STORK ( VMFN.NL ) | NETHERLANDS | 19.45 | 19.94 | 2.50% |
| FRONTLINE ( FRO.NO ) | NORWAY | 25.85 | 29.24 | 13.12% |
| MANILA ELECTRIC 'B' ( MERB.PH ) | PHILIPPINES | 0.44 | 0.61 | 39.23% |
| JURONG TECHS.INDL.CORP. ( JTL.SG ) | SINGAPORE | 0.70 | 0.80 | 14.15% |
| FRASER AND NEAVE ( FNN.SG ) | SINGAPORE | 7.40 | 7.63 | 3.05% |
| ELEC & ELTEK INTL. ( ELEC.SG ) | SINGAPORE | 1.54 | 1.60 | 3.69% |
| REUNERT ( RLO.ZA ) | SOUTH AFRICA | 3.25 | 3.29 | 1.31% |
| ABSA GP. ( ASA.ZA ) | SOUTH AFRICA | 6.27 | 6.28 | 0.08% |
| JD GROUP ( JDG.ZA ) | SOUTH AFRICA | 6.25 | 5.68 | -9.11% |
| FOSCHINI ( FOS.ZA ) | SOUTH AFRICA | 2.93 | 2.78 | -5.09% |
| TELKOM ( TKG.ZA ) | SOUTH AFRICA | 10.34 | 10.63 | 2.81% |
| MTN GP. ( MTN.ZA ) | SOUTH AFRICA | 4.24 | 4.23 | -0.11% |
| KOREA LINE ( 005880.KR ) | SOUTH KOREA | 13.90 | 20.60 | 48.14% |
| HANKOOK TIRE ( 000240.KR ) | SOUTH KOREA | 7.54 | 7.07 | -6.19% |
| KIA MOTORS ( 000270.KR ) | SOUTH KOREA | 9.13 | 9.26 | 1.45% |
| HANJIN SHIPPING ( 000700.KR ) | SOUTH KOREA | 18.51 | 18.27 | -1.30% |
| SAM YOUNG ELTN. ( 005680.KR ) | SOUTH KOREA | 7.45 | 8.24 | 10.52% |
| HANIL CEMENT ( 003300.KR ) | SOUTH KOREA | 51.43 | 50.50 | -1.81% |
| HANA BANK ( 002860.KR ) | SOUTH KOREA | 18.43 | 20.30 | 10.17% |
| CHOONG WAE PHARM. ( 001060.KR ) | SOUTH KOREA | 7.00 | 7.02 | 0.26% |
| DC CHM.CO.LTD. ( 010060.KR ) | SOUTH KOREA | 12.82 | 12.56 | -1.98% |
| POSCO ( 005490.KR ) | SOUTH KOREA | 136.53 | 132.38 | -3.04% |
| BING-GRAE ( 005180.KR ) | SOUTH KOREA | 16.75 | 17.09 | 2.00% |
| DONGKUK INDS. ( 005160.KR ) | SOUTH KOREA | 1.73 | 1.81 | 4.91% |
| INZICONTROLS ( 023800.KR ) | SOUTH KOREA | 2.82 | 2.85 | 0.99% |
| HANWHA CHEMICAL ( 009830.KR ) | SOUTH KOREA | 9.51 | 9.81 | 3.21% |
| ASIA CEMENT MNFG. ( 002030.KR ) | SOUTH KOREA | 29.15 | 29.61 | 1.57% |
| KYERYONG CON. ( 013580.KR ) | SOUTH KOREA | 9.38 | 12.05 | 28.49% |
| HONAM PETROCHEMICAL ( 011170.KR ) | SOUTH KOREA | 51.51 | 49.06 | -4.76% |
| SAMCHULLY ( 004690.KR ) | SOUTH KOREA | 41.29 | 41.79 | 1.19% |
| KISWIRE ( 001940.KR ) | SOUTH KOREA | 12.44 | 12.69 | 2.01% |
| KOREA CIRCUIT ( 007810.KR ) | SOUTH KOREA | 3.37 | 3.51 | 4.13% |
| DAE WON KANG UP ( 000430.KR ) | SOUTH KOREA | 12.90 | 10.74 | -16.72% |
| YOUNGONE ( 009970.KR ) | SOUTH KOREA | 1.99 | 2.04 | 2.69% |
| DONGKUK STEEL MILL ( 001230.KR ) | SOUTH KOREA | 8.21 | 7.15 | -12.92% |
| MOBIS ( 012330.KR ) | SOUTH KOREA | 53.69 | 49.15 | -8.46% |
| HYUNDAI INDL.DEV.CO. ( 012630.KR ) | SOUTH KOREA | 10.34 | 10.78 | 4.26% |
| INCHON IRON & STEEL ( 004020.KR ) | SOUTH KOREA | 8.79 | 8.46 | -3.82% |
| SHL TELEMEDICINE (ZRH) ( SHLTN.CH ) | SWITZERLAND | 4.59 | 5.09 | 10.81% |
| FEINTOOL ( FTON.CH ) | SWITZERLAND | 191.02 | 223.97 | 17.25% |
| SAURER AG.ARBON R ( SAUN.CH ) | SWITZERLAND | 44.25 | 46.34 | 4.73% |
| BARRY CALLEBAUT ( BARN.CH ) | SWITZERLAND | 197.47 | 212.06 | 7.39% |
| JELMOLI 'B' ( JEL.CH ) | SWITZERLAND | 1,027.65 | 994.36 | -3.24% |
| AU OPTRONICS ( 2409.TW ) | TAIWAN | 1.17 | 1.43 | 22.75% |
| KCE ELECTRONIC ( KCE.TH ) | THAILAND | 0.32 | 0.33 | 4.28% |
| THORESEN THAI AG. ( TTA.TH ) | THAILAND | 0.98 | 1.07 | 8.87% |
| LPN DEVELOPMENT ( LPN.TH ) | THAILAND | 1.06 | 1.16 | 10.12% |
| QUALITY HOUSES ( QH.TH ) | THAILAND | 0.18 | 0.17 | -3.14% |
| ELECTRICITY GNRT. ( EGCOMP.TH ) | THAILAND | 2.27 | 1.96 | -13.51% |
| TRAKYA CAM ( TRKCM.TR ) | TURKEY | 0.00 | 0.00 | 6.02% |
| AKBANK ( AKBNK.TR ) | TURKEY | 0.01 | 0.00 | -8.46% |
| TURKIYE IS BANK 'C' ( ISCTR.TR ) | TURKEY | 0.00 | 0.00 | -7.73% |
| EREGLI DEMIR CELIK ( EREGL.TR ) | TURKEY | 0.03 | 0.03 | -4.59% |
| ENTERPRISE INNS ( ETI.GB ) | UNITED KINGDOM | 18.10 | 9.48 | -47.63% |
| COUNTRYSIDE PROPS. ( CYD.GB ) | UNITED KINGDOM | 3.73 | 4.03 | 8.05% |
| PUNCH TAVERNS ( PUB.GB ) | UNITED KINGDOM | 7.77 | 8.63 | 11.08% |
| WOLV.&.DUDLEY ( WOLV.GB ) | UNITED KINGDOM | 13.77 | 14.22 | 3.31% |
| MOTHERCARE ( MTC.GB ) | UNITED KINGDOM | 5.89 | 6.76 | 14.67% |
| BERKELEY GROUP ( BKL.GB ) | UNITED KINGDOM | 15.71 | 15.42 | -1.86% |
| WILSON BOWDEN ( WLB.GB ) | UNITED KINGDOM | 18.30 | 17.07 | -6.71% |
| PERSIMMON ( PSN.GB ) | UNITED KINGDOM | 9.59 | 9.81 | 2.29% |
| BARRATT DEVELOPMENTS ( BDEV.GB ) | UNITED KINGDOM | 9.69 | 9.23 | -4.83% |
| WIMPEY (GEORGE) ( WMPY.GB ) | UNITED KINGDOM | 6.66 | 6.50 | -2.37% |
| ARVINMERITOR ( ARM.US ) | UNITED STATES | 24.12 | 22.20 | -7.96% |
| MESA AIR GROUP ( MESA.US ) | UNITED STATES | 12.57 | 10.80 | -14.08% |