Last updated: 31 December 2016

European portfolio

Average return of current recommendations: 20.9%

(Companies recommended but not sold)

 

European Recommendations sold

The following table show only investments that have been sold to give you an idea of the type of companies the newsletter recommends.

Recommendations Sold (sorted by recommended date)
Investment ISIN Added Dividend Sold Return Description
Date Price per share Date Price %
Exact Holdings NL0000350361 10.07.10 18.15 2.02 08.07.11 21.17 + 27.8 % Netherlands – Business softwareprovider
Crown van Gelder NL0000345452 10.07.10 7.05 0.00 08.07.11 5.39 – 23.5 % Netherlands – Paper producer
DNX Corp (prev. DreamNex) FR0010436584 10.08.10 28.50 2.17 09.08.11 16.16 – 35.7 % France – Soft-core adult services provider
Highlight Communications CH0006539198 10.08.10 3.85 0.17 09.08.11 3.65 – 0.8 % Switzerland – Media & Entertainment company
Cegid Group FR0000124703 10.10.10 21.58 1.05 07.10.11 16.03 – 20.9 % France – Developer of business management software packages
Gevelot FR0000033888 10.10.10 36.49 1.80 07.10.11 53.00 + 50.2 % France – Manufacturer of cold forged parts for the automobile industry
Full House Resorts US3596781092 10.11.10 3.69 0.00 08.11.11 2.87 – 22.2 % US – Casino developer and operator
MGI Coutier FR000 0053027 10.12.10 31.15 0.50 30.12.99 34.31 + 11.7 % France – Automotive and heavy goods vehicles equipment manufacturer
Tessi SA FR0004529147 10.01.11 62.87 2.00 09.01.12 70.39 + 15.1 % France – Information flow management and processing services
GFI Informatique SA FR0004038099 10.02.11 3.42 0.22 09.02.12 2.81 – 11.4 % France – Consulting and IT services provider
Haynes Publishing GB0004160833 10.03.11 234.00 15.70 03.07.12 220.00 + 0.7 % UK – Publisher and retailer of automotive and motorcycle repair manuals
Securidev FR0000052839 10.03.11 26.89 1.50 03.07.12 35.99 + 39.4 % France – Provider of locking systems and security solutions
Creston GB000 4440284 10.05.11 96.00 6.41 09.05.12 66.00 – 24.6 % UK – Specialist marketing
services company
Cello Group GB00B0310763 10.06.11 42.00 0.55 07.06.12 34.00 – 17.7 % UK – Provider of research, consulting and direct marketing services
Buongiorno SpA IT0001488607 30.12.99 1.12 0.00 07.06.12 1.99 + 77.5 % Italy – Mobile media and
technology company
Molins GB000 5991111 09.08.11 79.00 2.50 09.08.12 118.00 + 52.5 % UK – Manufacturers and suppliers of specialist machinery
Trilogiq FR0010397901 09.08.11 14.15 0.00 09.08.12 14.52 + 2.6 % France – Lean manufacturing solutions provider
AdvancedInflight Alliance DE000 1262186 07.06.12 3.05 0.24 07.08.12 4.50 + 55.4 % Germany – Inflightentertainmentservices
M&C Saatchi GB00B 01F7T14 10.09.10 106.00 4.90 07.08.12 151.50 + 47.5 % UK – Provider of advertising
and marketing services
Interior Services Group GB0002925955 08.09.11 176.50 15.06 07.08.12 121.00 – 22.9 % UK – Provider of office fit out, refurbishment, renovations and construction services
Micropole FR0000077570 08.09.11 1.21 07.08.12 1.04 – 14.0 % France – Consultancy and engineering company
Logica GB0005227086 08.07.11 132.30 4.40 09.09.12 105.00 – 17.3 % UK – Business and technology
services company
LaCie SA FR0000054314 10.02.11 3.59 0.33 09.10.12 4.50 + 34.5 % France – Digital storagemanufacturer
Amadeus Fire DE0005093108 08.11.11 27.80 2.84 08.11.12 35.64 + 38.4 % Germany – Provider of staffing services
William Hill GB0031698896 10.12.10 167.00 18.80 06.12.12 345.40 + 118.1 % UK – Online betting and gaming services provider
freenet DE000A0Z2ZZ5 30.11.11 9.80 0.80 06.12.12 14.64 + 57.6 % Germany – Telecommunications provider
Groupe Crit FR0000036657 30.11.11 10.98 0.22 06.12.12 13.65 + 26.3 % France – Human resources service provider
Phoenix IT Group GB00B0315W65 09.01.12 155.00 7.00 09.01.13 175.37 + 17.7 % UK – Provider of information
technology and business continuity services
Toupargel Groupe FR000039240 09.01.12 9.75 0.40 09.01.13 5.71 – 37.3 % France – Home deliverer of groceries, and frozen and fresh food products
Unibet Group SE0001835588 09.02.12 178.50 6.22 01.02.13 219.50 + 26.5 % Sweden – Online gamblingcompany
Zetes Industries BE0003827442 09.02.12 15.56 0.55 01.02.13 15.69 + 4.4 % Belgium – Provider of Automated Identification & People Identification solutions
Enterprise Inns GB00B1L8B624 03.07.12 53.25 0.00 28.02.13 105.90 + 98.9 % UK – Operator of leased and tenanted pubs
Proffice SE0000470700 03.07.12 24.50 1.13 28.02.13 24.50 + 4.6 % Sweden – Recruitment and staffing solutions provider
Osiatis FR0004044337 10.04.11 6.05 0.45 28.03.13 6.57 + 16.0 % France – Information Technology (IT) infrastructure services provider
Roularta Media BE0003741551 10.04.11 24.58 0.64 28.03.13 13.43 – 42.8 % Belgium – Publisher and Printer
Cairo Communication IT0004329733 04.04.12 3.28 0.28 28.03.13 2.85 – 4.6 % Italy – Media company & magazine and book publisher
KnowIt SE0000421273 04.04.12 67.00 3.25 28.03.13 55.00 – 13.1 % Sweden – Information Technology (IT) consulting services
Inficon CH0011029946 10.05.11 192.00 30.00 30.04.13 289.00 + 66.1 % Switzerland – Supplier of leak-detection equipment and systems for the automotive industry
Dragon Oil IE0000590798 09.05.12 6.86 0.19 30.04.13 7.38 + 10.4 % Ireland – Oil and gas exploration, development and production company
SMT Scharf DE0005751986 09.05.12 21.30 0.98 30.04.13 23.89 + 16.8 % Germany – Supplier of rail-bound transport systems
Koninklijke Brill NL0000442523 10.06.11 14.00 2.13 30.05.13 21.60 + 69.5 % Netherlands – Academic publishinghouse
Regenersis GB00B06GNN57 08.07.11 82.00 1.77 28.06.13 202.00 + 148.5 % UK – Repairservicescompany
Parrot FR0004038263 02.07.12 23.90 0.00 28.06.13 21.38 – 10.5 % France – Wireless productsmanufacturer
Tipp24 DE0007847147 07.08.12 36.50 0.00 31.07.13 43.15 + 18.2 % Germany – Lotteryservicesprovider
Lookers GB00B17MMZ46 07.09.12 72.25 2.35 28.08.13 124.50 + 75.6 % UK – Motor retail and after sales service provider
Xchanging GB00B1VK7X76 07.09.12 117.50 1.00 28.08.13 122.00 + 4.7 % UK – Provider of business processing, technology and procurement services
Etam Development FR0000035743 28.02.13 18.40 0.00 23.09.13 23.00 + 25.0 % France – Designer and retailer of women’s fashion clothing
Lectra FR0000065484 07.10.11 4.91 0.44 30.09.13 6.01 + 31.4 % France – Provider of integrated technology solutions
Pandora DKK0060252690 09.10.12 85.40 5.50 30.09.13 227.70 + 173.1 % Denmark – Jewellerycompany
ADLPartner FR0000062978 09.11.10 7.80 3.30 31.10.13 11.50 + 89.7 % France – Provider of loyalty marketing solutions
Chime Communications GB00B2QY9355 08.11.12 206.50 7.34 31.10.13 316.50 + 56.8 % UK – Public relations, advertising and communications company
Cision SE0000291486 08.11.12 53.25 2.00 31.10.13 32.60 – 35.0 % Sweden – Provider of PR software and services
Creston GB0004440284 06.12.12 76.63 2.67 29.11.13 92.40 + 24.1 % UK – Specialist marketing services company
Picanol BE0003807246 06.12.12 19.57 0.00 29.11.13 24.65 + 26.0 % Belgium – Producer and seller of weaving machines and technology for the textile industry
St Ives GB0007689002 09.01.13 122.00 6.50 04.01.14 173.25 + 47.3 % UK – Provider of marketing and publishing solutions
Dart Group GB00B1722W11 01.02.13 149.52 1.93 05.01.14 249.67 + 68.3 % UK – Aviation services and distribution company
Axway Software FR0011040500 28.03.13 14.72 0.35 03.04.14 22.16 + 52.9 % France – Provider of enterprise integration, security, and technology solutions
Staffline Group GB00B040L800 28.03.13 396.00 8.80 03.04.14 804.20 + 105.3 % UK – Provider of temporary and permanent staffing solutions
Advanced Digital Broadcast CH0021194664 30.04.13 15.00 0.00 02.05.14 14.35 – 4.3 % Development and sale of equipment and services for the digital television market
Indesit Company IT0000076197 30.04.13 5.97 0.20 02.05.14 10.25 + 75.0 % Italy – Manufacturer and supplier of household appliances
Cegedim FR0000053506 07.06.12 23.10 0.00 03.06.14 25.48 + 10.3 % France – Technology and services company specializing in the healthcare field
Impellam Group GB00B2Q2M073 07.06.12 360.00 0.52 03.06.14 467.00 + 29.9 % UK – Provider of human-capital services
Montupet FR0000037046 30.05.13 16.50 0.60 03.06.14 67.95 + 315.5 % France – Aluminium castingmanufacturers
Viscom DE0007846867 02.07.12 7.75 2.30 01.07.14 11.50 + 78.1 % Germany – Manufacturer of premium inspection systems for quality control
Eniro SE0000718017 28.06.13 18.45 0.00 01.07.14 45.00 + 143.9 % Sweden – Search services and directory assistance
Fairpoint Group GB0032360280 28.06.13 104.31 6.00 01.07.14 132.50 + 32.8 % UK – Consumer financial services business serving financially stressed consumers
Huntsworth GB00B0CRWK29 07.08.12 44.00 7.00 04.08.14 47.50 + 23.9 % UK – Public relations and healthcare communications consultancy services
Kardex CH0100837282 31.07.13 36.95 6.65 04.08.14 40.30 + 27.1 % Switzerland – Provider of storage and materials handling solutions
Societe Pour l’Informatique Industrielle SII SA (SII) FR0000074122 31.07.13 5.45 0.07 04.08.14 7.17 + 32.8 % France – Consulting company
Tesmec IT0004585243 28.08.13 0.74 0.02 01.09.14 0.64 – 11.7 % Italy – Producer and marketer of integrated solutions for construction industry
Linedata Services FR0004156297 07.10.11 8.75 1.70 06.10.14 20.80 + 157.1 % France – Software provider for the Investment Management and the Credit community
TrinityMirror GB0009039941 09.10.12 63.50 0.00 06.10.14 165.25 + 160.2 % UK – Newspaper publisher
La Doria IT0001055521 30.09.13 2.94 0.12 06.10.14 5.70 + 98.0 % Italy – Private Label supplier of canned food products
Le Belier FR0000072399 30.09.13 14.75 0.34 06.10.14 22.15 + 52.5 % France – Manufacturer of safety-related parts for the automotive industry
Reply IT0001499679 08.11.11 16.08 1.77 03.11.14 57.60 + 269.2 % Italy – Consulting, Integration, Application Management and Business Process Outsourcing
Cegid Group FR0000124703 31.10.13 21.49 1.10 03.11.14 29.44 + 42.1 % France – Developer of business management software packages
Norbert Dentressangle FR0000052870 31.10.13 83.50 1.60 03.11.14 114.81 + 39.4 % France – Provider of transport, logistics, and freight forwarding services
Interparfums FR0004024222 29.11.13 26.23 0.48 01.12.14 23.34 – 9.2 % France – Manufacturer, marketer and distributor of fragrances and related products
Lectra FR0000065484 29.11.13 7.37 0.22 01.12.14 8.95 + 24.4 % France – Provider of technology solutions
Harvey Nash GB0006573546 09.01.13 64.10 6.37 05.01.15 69.75 + 18.8 % UK – Professional recruitment consultancy and IT outsourcing service provider
Aften GB00B0672758 03.01.14 169.30 0.00 05.01.15 42.52 – 74.9 % UK – Independent oil and gas exploration and production company
Ascopiave IT0004093263 03.01.14 1.78 0.12 05.01.15 1.80 + 7.6 % Gas andelectric Utility
U10 FR0000079147 01.02.13 2.73 0.16 02.02.15 4.85 + 83.5 % France – Distributor of customized home interior designs, furnishings, and fashion product to retailers
Go-Ahead Group GB0003753778 05.01.15 1956.00 84.50 02.02.15 2455.00 + 29.8 % UK – Provider of passenger transport services
KBC Advanced Technologies GB0004804646 05.01.15 106.50 1.00 02.02.15 94.20 – 10.6 % UK – Provider of oil and gas consultancy services
Corticeira Amorim PTCOR0AE0006 28.02.13 2.07 0.29 02.03.15 3.84 + 99.5 % Portugal – Producer of cork products
RWE AG DE0007037129 04.03.14 29.31 1.00 02.03.15 24.68 – 12.4 % Germany – Electricity and gas utility
Sqli SA FR0011289040 04.03.14 18.05 0.56 02.03.15 20.00 + 13.9 % France – IT and communication service company
Agfa-Gevaert BE0003755692 02.05.14 2.77 0.00 02.03.15 2.20 – 20.6 % Belgium – Developer, producer, and distributor of imaging systems
Kvaerner NO0010605371 02.05.14 11.95 0.64 02.03.15 7.53 – 31.6 % Norway – Upstream oil engineering company
Esprinet IT0003850929 03.04.14 7.91 0.09 06.04.15 8.77 + 12.0 % Italy – Wholesale distributor of IT and consumer electronics
Iren IT0003027817 03.04.14 1.29 0.05 06.04.15 1.28 + 3.0 % Italy – Production, distribution, and sale of electricity
MGI Coutier FR0000053027 30.05.13 4.60 0.10 01.06.15 15.50 + 239.1 % Automotive and heavy goods vehicles equipment manufacturer
Akka Technologies FR0004180537 03.06.14 24.30 0.50 01.06.15 29.97 + 25.4 % France – Provider of engineering and technology consulting services
Rallye SA FR0000060618 03.06.14 38.03 0.00 01.06.15 29.13 – 23.4 % France – Retail sale of food and general products
Adler Modemaerkte DE000A1H8MU2 01.07.14 12.70 0.50 01.06.15 11.15 – 8.3 % Germany – Textile Retailer
Frosta DE0006069008 01.07.14 23.29 1.36 06.07.15 31.77 + 42.2 % Germany – Producer and Marketer of Frozen Food Products
Boiron FR0000061129 01.12.14 73.47 1.50 06.07.15 86.34 + 19.6 % France – Pharmaceuticalcompany
Globo PLC GB00B282VW04 01.06.15 55.00 0.00 06.07.15 45.00 – 18.2 % UK – Provider of enterprise mobility solutions and Software-as-a-Service
Salmar ASA NO0010310956 04.08.14 121.50 10.00 03.08.15 130.00 + 15.2 % Norway – Fish farming and processing
Semperit AG Holding AT0000785555 04.08.14 41.96 6.00 03.08.15 38.34 + 5.7 % Austria – Manufacturer of industrial rubber and plastic products
Eurokai GmbH & Co KGaA DE0005706535 02.03.15 35.90 1.50 03.08.15 30.29 – 11.4 % Germany – Container terminaloperator
Pace PLC GB0006672785 06.04.15 341.60 3.10 03.08.15 356.00 + 5.1 % UK – TV set-top box and Broadband hardware provider
Burelle SA FR0000061137 28.08.13 421.00 15.00 31.08.15 635.50 + 54.5 % France – Provider of automotive equipment, and related products and services
Endesa SA ES0130670112 01.09.14 28.30 13.80 31.08.15 18.33 + 13.5 % Spain – Energy distributor and supplier
Renew Holdings PLC GB0005359004 01.09.14 285.29 5.80 31.08.15 321.50 + 14.7 % UK – Engineering services and specialist builders
Actia Group SA FR0000076655 06.10.14 5.07 0.00 31.08.15 5.85 + 15.4 % France – Electronic equipment manufacturing company
Kongsberg Gruppen ASA NO0003043309 03.11.14 136.50 9.25 31.08.15 125.50 – 1.3 % Provider of Technology Systems & Solutions
bpost SA BE0974268972 01.12.14 21.03 0.95 31.05.15 21.74 + 7.9 % Belgium – Provider of postal services
Debenhams PLC GB00B126KH97 03.02.15 76.60 1.00 31.08.15 75.70 + 0.1 % UK – Department store retailer of fashion clothing and accessories
Deutsche Lufthansa AG DE0008232125 02.03.15 13.00 0.00 31.08.15 10.85 – 16.5 % Germany – Aviation company
Heineken Holding NV NL0000008977 06.10.14 51.69 1.18 05.10.15 66.10 + 30.2 % Netherlands – Brewingcompany
Plastiques du Val de Loire SA FR0000051377 06.04.15 47.00 0.00 05.10.15 58.00 + 23.4 % France – Plasticpartsmanufacturer
Proximus PLC (previously Belgacom SA) BE0003810273 03.11.14 29.90 1.13 02.11.15 33.75 + 16.6 % Belgium – Telecommunications Company
Pendragon PLC GB00B1JQBT10 05.01.15 32.50 1.20 04.01.16 46.75 + 47.5 % UK – Automotive Retailer
Synergie SA FR0000032658 05.01.15 19.11 0.40 04.01.16 25.75 + 36.8 % France – Human Resources Management
Delclima SpA IT0004772502 04.05.15 2.37 0.06 04.01.16 4.51 + 92.4 % Italy – Production and sale of air conditioning and heating systems
Agfa Gevaert NV BE0003755692 03.08.15 2.75 0.00 01.02.16 3.74 + 36.0 % Belgium – Manufacturer and distributor of analog and digital imaging products
Engineering Ingegneria Informatica SpA IT0003029441 05.10.15 53.40 0.00 29.02.16 65.50 + 22.7 % Italy – Outsourcing and consulting in the IT sector
Technicolor SA FR0010918292 01.09.15 6.62 0.00 29.02.16 5.60 – 15.5 % France – Technology provider in the Media and Entertainment sector
TrinityMirror PLC GB0009039941 01.02.16 152.50 0.00 04.04.16 129.25 – 15.2 % UK – Newspaper publisher
Tamedia AG CH0011178255 04.05.15 163.00 4.50 02.05.16 157.70 – 0.5 % Switzerland – Publisher of magazines and newspapers
ShinkoShoji Co., Ltd. JP3374200008 (8141) 04.01.16 1287.00 20.00 02.05.16 1035.00 – 18.0 % Japan – Electronic componenttrader
Dart Group PLC GB00B1722W11 03.02.15 288.25 3.20 04.07.16 527.50 + 84.1 % UK – Leisure airline, package holidays, distribution & logistics
Berkeley Group Holdings PLC GB00B02L3W35 30.11.15 3211.00 100.00 04.07.16 2485.00 – 19.5 % UK – Property developer
Stef SA FR0000064271 06.07.15 57.47 1.95 14.07.16 64.84 + 16.2 % Provider of transport, logistics, and information systems services
Linedata Services SA FR0004156297 03.08.15 28.88 5.05 01.08.16 40.65 + 58.2 % France – Software and service solutions provider
Altisource Portfolio Solutions SA LU0445408270 06.06.16 30.16 0.00 01.08.16 24.38 – 19.2 % Luxembourg – Real estate marketplace and transaction services provider
Chargeurs SA FR0000130692 01.09.15 7.65 0.30 05.09.16 11.59 + 55.4 % France – Manufacturer of fabrics and garment interlinings
BKW AG CH0130293662 05.10.15 37.90 1.60 03.10.16 46.60 + 27.2 % Switzerland – Energysupplier
ASTM SpA IT0000084027 02.11.15 12.15 0.45 03.10.16 9.73 – 16.3 % Italy – Motorway operation and construction
Ascopiave SpA Ascopiave SpA 02.11.15 2.19 0.15 31.10.16 2.66 + 28.5 % Italy – Gas and electric Utility
Luxfer Holdings PLC US5506781062 04.07.16 12.27 0.24 31.10.16 9.39 – 21.5 % UK – Global material technology company
Rieter Holding AG CH0003671440 30.11.15 179.10 4.50 05.12.16 178.60 + 2.2 % Switzerland – Producer of textile machinery
Metropole Television SA FR0000053225 04.01.16 15.48 0.85 02.01.17 France – Production, distribution and marketing of TV programs
Average Return + 19.1 %

..

..

North American portfolio

Average return of current recommendations: 22.3%

(Companies recommended but not sold)

North American Recommendations sold

The following table show only investments that have been sold to give you an idea of the type of companies the newsletter recommends.

Recommendations Sold (sorted by recommended date)
Investment Symbol Added Dividend Sold Return Description
Date Price per share Date Price %
Comtech Telecommunications CMTL 07.10.11 30.99 1.10 09.10.12 27.35 – 8.2 % US – Telecommunications productssupplier
Gamestop Corp GME 07.10.11 24.33 0.55 09.10.12 23.99 + 0.9 % US – Video gameretailer
L-3 Communications LLL 08.11.11 70.97 1.50 08.11.12 73.73 + 6.0 % US – Designer and producer of integrated space communications system
NASDAQ OMX Group NDAQ 08.11.11 26.00 0.13 08.11.12 23.56 – 8.9 % US – Financial servicescompany
Black Box BBOX 30.11.11 28.53 0.30 06.12.12 25.02 – 11.3 % US – Network infrastructure service provider
Glacier Media GVC 30.11.11 1.95 0.09 06.12.12 1.76 – 5.1 % Canada – Newspaper publisher
Ceradyne CDY 09.02.12 33.74 0.45 06.12.12 35.00 + 5.1 % US – Manufacturer of ceramics products
DeVry Inc. DV 09.01.12 41.30 0.15 09.01.13 24.00 – 41.5 % US – Educational servicesprovider
L.B. Foster Co. FSTR 09.01.12 28.67 0.09 09.01.13 44.13 + 54.2 % US – Manufacturer and distributor of transportation and construction materials
Softchoice SO 09.02.12 12.40 0.14 01.02.13 12.43 + 1.4 % Canada – Information
technology (IT) solutions and services provider
Meredith MDP 03.07.12 32.34 1.56 28.02.13 42.02 + 34.8 % US – Media and marketing company
Rent-A-Center RCII 03.07.12 33.55 0.69 28.02.13 36.28 + 10.2 % US – Rent to own operator
Almost Family AFAM 03.04.12 24.87 2.00 28.03.13 20.43 – 9.8 % US – Home healthcare services provider
Navigant Consulting NCI 09.05.12 12.81 0.00 30.04.13 12.33 – 3.7 % US – Specialized expert services firm
VAALCO Energy EGY 09.05.12 8.13 0.00 30.04.13 6.72 – 17.3 % US – Oilproductioncompany
G-III Apparel Group GIII 07.06.12 25.13 0.00 30.05.13 41.86 + 66.6 % US – Apparelmanufacturer
Veeco Instruments VECO 07.06.12 33.52 0.00 30.05.13 42.60 + 27.1 % US – Process equipment solutions provider
Littelfuse LFUS 02.07.12 56.73 0.80 28.06.13 74.61 + 32.9 % US – Circuit protection supplier for the electronics industry
Daily Journal DJCO 07.08.13 98.00 0.00 31.07.13 133.60 + 36.3 % US – Publisher of newspaper and websites
HollyFrontier HFC 07.08.13 39.42 3.45 31.07.13 45.55 + 24.3 % US – Petroleum refiner
Dorel Industries DII.B 07.09.12 33.95 1.23 28.08.13 35.70 + 8.8 % Canada – Baby products and
bicycle manufacturer
RPC Inc. RES 07.09.12 12.71 0.58 28.08.13 14.50 + 18.6 % US – Provider of oilfield services and equipment
CF Industries Holdings CF 09.10.12 218.17 1.60 30.09.13 210.83 – 2.6 % US – Manufacturer
and distributor of nitrogen and phosphate fertilizer
products
Marathon Oil MRO 09.01.13 31.65 0.70 04.01.14 34.52 + 11.3 % US – Energy company engaged in exploration and production, oil sands mining and integrated gas
Western Digital WDC 09.01.13 43.80 1.05 04.01.14 83.28 + 92.5 % US – Computer hard disk drive manufacturer
Joy Global JOY 01.02.14 64.15 0.70 05.02.14 52.40 – 17.2 % US – Manufacturer and distributor of mining equipment
TRW Automotive TRW 01.02.14 58.65 0.00 05.02.14 70.27 + 19.8 % US – Supplier of automotive systems and components
AlliantTechsystems ATK 28.02.13 65.80 1.36 04.03.14 138.52 + 112.6 % US – Supplier of aerospace and defence products to the U.S. Government
Community Health Systems CYH 28.02.13 42.26 0.00 04.03.14 41.91 – 0.8 % US – Provider of general hospital healthcare services in non-urban markets
Salem Communications SALM 03.04.12 5.01 0.37 03.04.14 9.81 + 103.2 % US – Commercial radio broadcasting company
Crawford & Company CRD 28.03.13 5.30 0.15 03.04.14 9.54 + 82.8 % US – Provider of claims management solutions to insurance companies
Gray Television GTN 28.03.13 4.69 0.00 03.04.14 10.34 + 120.5 % US – Television broadcaster
Safeway SWY 30.04.14 22.52 4.69 02.05.14 34.18 + 72.6 % US – Food and drug retailer
Science Applications International SAIC 30.05.13 31.63 0.28 03.06.14 38.03 + 21.1 % US – Defencecontractor
Leidos Holdings LDOS 30.05.13 42.66 1.12 03.06.14 37.94 – 8.4 % US – Defencecontractor
Trans World Entertainment TWMC 30.05.13 4.59 0.50 03.06.14 3.36 – 15.9 % US – Speciality music and video retailer
Ark Resturants ARKR 28.06.13 21.15 1.00 01.07.14 22.33 + 10.3 % US – Fast food and restaurant chain
SL Industries SLI 28.06.13 25.08 0.00 01.07.14 29.86 + 19.1 % US – High reliability power conversion producer
WellPoint WLP 31.07.13 85.56 1.63 04.08.14 111.60 + 32.3 % US – Healthbenefitsprovider
Exelis XLS 28.08.13 14.78 0.41 01.09.14 17.19 + 19.1 % US – Aerospace, technology and security company
Seagate Technology STX 28.08.13 38.51 1.72 01.09.14 62.58 + 67.0 % US – Provider of electronic data storage products
Northrop Grumman NOC 09.10.12 69.00 4.94 06.10.14 127.75 + 92.3 % US – Aerospace and defence technology company
ITT Educational Services ESI 30.09.13 31.00 0.00 06.10.14 4.32 – 86.1 % US – Provider of accredited, technology-oriented undergraduate and graduate degree programs
Gannett Company GCI 08.11.12 16.63 1.60 03.11.14 31.32 + 98.0 % US – Media and marketing solutions company
Oshkosh OSK 08.11.12 28.18 0.60 03.11.14 43.87 + 57.8 % US – Manufacturer of specialty trucks
Stone EnergyCorp SGY 31.10.13 34.86 0.00 03.11.14 24.41 – 30.0 % US – Oil and natural gas exploration and production company
Tenneco TEN 31.10.13 53.07 0.00 03.11.14 52.52 – 1.0 % US – Supplier of automotive replacement parts
GameStop GME 06.12.12 26.64 2.42 01.12.14 35.83 + 43.6 % US – Video gameretailer
Harris HRS 06.12.12 48.03 3.36 01.12.14 71.72 + 56.3 % US – Communications and information technology
Macro Enterprises MCR 29.11.13 6.69 0.00 01.12.14 1.85 – 72.3 % Canada – Provider of pipeline and facility construction, and maintenance services
Magellan Aerospace MAL 03.01.14 8.39 0.18 05.01.15 13.20 + 59.4 % Canada – Diversified supplier of components to the aerospace industry
Hawaiian Holdings HA 03.01.14 10.31 0.00 05.01.15 25.09 + 143.4 % US – Airline
DomtarCorp UFS 05.01.14 58.71 1.40 03.02.15 47.45 – 16.8 % Canada – Manufacturer and distributor of paper and adult incontinence products
Western Refining WNR 05.01.14 37.46 3.08 03.02.15 38.89 + 12.0 % US – Independent crude oil refiner and marketer of refined products
Core Molding Technologies CMT 04.03.14 15.27 0.00 02.03.15 14.22 – 6.9 % US – Manufacturer of sheet moulding products
Ebix Inc. EBIX 04.03.14 17.33 0.30 02.03.15 26.40 + 54.1 % US – Supplier of software and e-commerce solutions to the insurance industry
High ArcticEnergy Services HWO 30.04.13 2.31 0.32 02.03.15 3.61 + 70.3 % Canada – Oilfield services contractor operating primarily in Western Canada and Papua New Guinea
5N Plus VNP 03.04.14 4.00 0.00 02.03.15 2.36 – 41.0 % Canada – Producer of specialty metals and chemicals
Yellow Media Y 02.05.14 22.48 0.00 02.03.15 16.43 – 26.9 % Canada – Digital and print advertising company
Petroamerica Oil PTA 01.07.14 0.37 0.00 02.03.15 0.14 – 63.0 % Canada – Oil and Gas exploration and production
Omega Protein OME 06.10.14 12.20 0.00 02.03.15 11.17 – 8.4 % US – Nutritional ingredientcompany
ACCO Brands ACCO 03.11.14 8.33 0.00 02.03.15 7.63 – 8.4 % US – Manufacturer and supplier of office products
Amkor Technology AMKR 03.04.14 7.20 0.00 06.04.15 8.63 + 19.9 % US – Provider of outsourced semiconductor packaging (assembly) and test services
Pilgrim’s Pride PPC 01.09.14 29.87 5.77 06.04.15 24.01 – 0.3 % US – Chickenproducer
Hewlett-Packard HPQ 01.12.14 38.56 0.32 06.04.15 31.83 – 16.6 % US – Provider of software, solutions and services
VSE Corporation VSEK 31.07.13 43.28 0.57 01.05.15 66.26 + 54.4 % US – Provider of diversified technical services, primarily to agencies of the US Government
Handy &Harman HNH 29.11.13 24.53 0.00 01.05.15 35.83 + 46.1 % US – Diversified manufacturer of engineered industrial products
Iridium Communications IRDM 03.06.14 8.02 0.00 01.06.15 10.28 + 28.2 % US – Provider of mobile voice and data communications services
ValeroEnergyCorp VLO 03.06.14 55.40 1.35 01.06.15 58.76 + 8.5 % Independent petroleum refining and marketing company
Seaboard SEB 06.04.15 4005.00 0.00 01.06.15 3332.00 – 16.8 % US – Agribusiness and transportation Company
Inteliquent IQNT 02.07.12 13.25 5.19 06.07.15 17.82 + 73.6 % US – Provider of voice telecommunications services
Lexmark International LXK 01.07.15 48.73 1.44 06.07.15 44.31 – 6.1 % US – Printing and imaging solutions
Cooper Tire& Rubber CTB 05.01.15 33.87 0.21 06.07.15 33.36 – 0.9 % US – Manufacturer and marketer of tyres
Sanmina Corporation SANM 30.09.13 17.49 0.00 06.07.15 19.46 + 11.3 % US – Integrated manufacturing solutions provider
CirrusLogic CRUS 04.08.14 22.65 0.00 03.08.15 31.43 + 38.8 % US – Developer of analog and mixed-signal integrated circuits
Ingram Micro IM 04.08.14 28.23 0.00 03.08.15 26.45 – 6.3 % US – Global IT, supply-chain management, and logistics solutions
CRA International CRAI 03.11.14 32.28 0.00 03.08.15 23.17 – 28.2 % US – Global Consulting Firm
Linamar Corporation LNR 01.09.14 62.76 0.40 31.08.15 69.11 + 10.8 % Canada – Manufacturing company
PC Connection PCCC 02.03.15 25.67 0.00 31.08.15 21.07 – 17.9 % US – Direct marketer of information technology products
Mercer International MERC 06.04.15 15.23 0.00 31.08.15 11.45 – 24.8 % Canada – Pulp manufacturer
Vecima Networks VCM 06.10.14 8.15 0.18 05.10.15 10.57 + 31.9 % Canada – Design and manufacture of data and voice solution products
RR Donnelley&Sons RRD 05.01.15 16.34 0.78 05.10.15 15.22 – 2.1 % Provider ofintegratedcommunications
Star Gas Partners SGU 02.03.15 7.74 0.19 02.11.15 7.72 + 2.2 % US – Home heating oil distributor
NCI Inc. NCIT 01.12.14 12.05 0.12 30.11.15 16.86 + 40.9 % US – Provider of enterprise services and solutions to Govt. agencies
ScanSource Inc. SCSC 04.05.15 39.43 0.00 04.01.16 31.67 – 19.7 % US – Wholesale distributor of specialty technology products
Transcontinental Inc. TCL.A 30.11.15 21.63 0.00 04.01.16 16.42 – 24.1 % Canada – Publishing, media and marketing company
Fiat Chrysler Automobiles NV FCAU 03.02.15 13.75 4.64 01.02.16 7.01 – 15.3 % Engaged in automotive manufacturing and sales
Alon USA Partners LP ALDW 01.06.15 19.56 2.02 01.02.16 19.10 + 8.0 % Independent refiner and marketer of petroleum products
Chorus Aviation Inc. CHR-B 02.05.14 3.60 0.93 02.05.16 6.38 + 103.1 % Canada – Regional passenger airline
Arrow Electronics Inc. ARW 04.05.15 62.45 0.00 02.05.16 59.06 – 5.4 % Provider of electronic components
COGECO Inc. CGO 03.02.15 59.71 1.69 31.10.16 49.45 – 14.4 % Provider of analogue and digital television, high speed Internet, and telephone services
Medical Facilities Corp. DR 30.11.15 15.08 1.13 05.12.16 17.20 + 21.5 % Canada – Specialty hospital management company
Average Return + 6.7 %