GREATLINK LION VIETNAM FUND report as at 30 June 2013Investments in Collective InvestmentSchemesMarket ValueS$% of NetAssetsUnit TrustLionGlobal Vietnam Fund - Singapore 9,867,828 99.67Other net assets 32,601 0.339,900,429 100.00Top 10 Holdings of Underlying Fund Market Value % of Netas at 30 June 2013 ^ S$ AssetsVingroup Joint Stock Company 11,388,002 14.44Masan Group 9,150,969 11.60Hoa Phat Group Joint Stock Company 8,904,030 11.29Petrovietnam Fertilizer & Chemicals Joint 6,148,620 7.80Stock CompanyJoint Stock Commercial Bank for Foreign 5,442,735 6.90Trade of VietnamHoang Anh Gia Lai Group Joint Stock Company 5,229,017 6.63Petrovietnam Drilling & Well Services Joint 5,193,237 6.58Stock CompanyDanang Rubber Joint Stock Company 3,813,549 4.84Petrovietnam Low Pressure Gas Joint Stock 2,926,202 3.71CompanyKinh Do Corporation 2,476,554 3.14Allocation By Country ofUnderlying Fund Market Value % of Netas at 30 June 2013 ^ S$ AssetsVietnam 75,263,623 95.43Others** 3,605,307 4.57Total 78,868,930 100.00** Includes any other countries and net current assets.Allocation By Asset Class ofUnderlying Fund Market Value % of Netas at 30 June 2013 ^ S$ AssetsEquities 75,263,623 95.43Derivatives (80) 0.00Cash and cash equivalents 3,605,387 4.57Total 78,868,930 100.00Top 10 Holdings of Underlying Fund Market Value % of Netas at 30 June 2012 ^ S$ AssetsVingroup Joint Stock Company 7,871,764 12.45Masan Group 6,760,365 10.70Joint Stock Company Bank For Foreign 4,710,247 7.45Trade Of VietnamVietnam Joint Stock Commercial Bank For 4,357,638 6.89Industry And TradeSacombank 3,695,468 5.85Baoviet Holdings 3,288,381 5.20Hoa Phat Group Joint Stock Company 3,242,895 5.13Hoang Anh Gia Lai Group Joint Stock Company 3,128,989 4.95Petrovietnam Fertilizer & Chemicals Joint 2,591,009 4.10Stock CompanyPetrovietnam Drilling And Well ServicesJoint Stock Company2,574,988 4.07Allocation By Industry of Underlying Fund Market Value % of Netas at 30 June 2013 ^ S$ AssetsBasic Materials 17,591,501 22.30Consumer, Cyclical 3,813,549 4.84Consumer, Non-Cyclical 13,984,360 17.73Energy 5,193,237 6.59Financial 26,605,909 33.73Industrial 2,542,882 3.22Technology 1,747,780 2.22Utilities 3,784,405 4.80Others** 3,605,307 4.57Total 78,868,930 100.00** Includes any other industries and net current assets.Funds InformationCredit Rating of Debt Securities ofUnderlying Fund Market Value % of Netas at 30 June 2013 ^ S$ AssetsNot applicable.104
Funds InformationGREATLINK LION VIETNAM FUND report as at 30 June 2013Expense/Turnover RatiosExpense RatioTurnover Ratio30 June 2013 30 June 2012 30 June 2013 30 June 2012<strong><strong>Great</strong>Link</strong> Lion Vietnam Fund * 1.83% 1.94% 28.00% 8.00%Underlying Fund # 1.81% 1.93% 28.00% 8.00%Note: The expense ratio does not include (where applicable) charges for <strong>ins</strong>urance coverage, brokerage and other transaction costs, performance fees, foreign exchange ga<strong>ins</strong> orlosses, front or back end loads arising from the purchase or sale of collective investment schemes, tax deducted at source or arising out of income received, dividend and otherdistributions paid to unit holders and is calculated for the preceding 12 months.* The expense ratio of the underlying fund is included to compute the fi nal ratio.#The expense and turnover ratios of the underlying fund are based on unaudited draft accounts.Exposure to Derivatives^ Market Value % of Net(Underlying Fund) S$ Assetsi) Market value of derivative contracts (80) -ii) Net loss on derivative realised (123,999)iii) Net loss on outstanding derivatives (80)Borrowings ^Not applicable.Total amount of Subscriptions and Redemptions for the period ended 30 June 2013S$Subscriptions 1,608,559Redemptions 422,142Related-Party TransactionsThe <strong><strong>Great</strong>Link</strong> Lion Vietnam Fund invests 100% of its net assets value in LionGlobal Vietnam Fund, which is managed by Lion Global Investors Limited, arelated company of The <strong>Great</strong> <strong>Eastern</strong> <strong>Life</strong> Assurance Company Limited.Any material information that will adversely impact the valuation of the fund ^Nil.^ Source: Lion Global Investors Ltd105