Capital Innovations’s Enel Amricas S.A. American Depositary Shares (Each representing 50 shares of Common Stock) ENIA Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q4	–	Sell	-23,347	Closed	-$199K	–	91
2014 Q3	$199K	Buy	23,347 +1,854	+9%	+$15.8K	0.18%	83
2014 Q2	$195K	Sell	21,493 -10,021	-32%	-$90.9K	0.16%	78
2014 Q1	$264K	Sell	31,514 -24,362	-44%	-$204K	0.23%	76
2013 Q4	$452K	Buy	+55,876	New	+$452K	0.41%	62