CQS Cayman’s iShares MSCI Brazil ETF EWZ Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2015 Q4	–	Sell	-25,000	Closed	-$549K	–	139
2015 Q3	$549K	Buy	+25,000	New	+$549K	0.05%	116