TAM Presentation EN Feb08

Page 16

www.tw-am.com Asset Management Inc.

52,68 %

REAL.MONEY.TEST

Where does the performance come from?

57 %

TOP 10 Equity Performers % contribution

52,68 % WORST 10 Equity Performers % contribution

11,01 %

43 %

-5,74 % Realized profits

Non-realized profits

Equity

Hedge

Performance

contribution Index

Equity

Portfolio Turnover NAV FX

03 TAM Smart Value Fund The System

1 Turnover

3,4

TAM SMART VALUE FundŠ

16


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