0

1

2

3

4

5

6

72

00

4

20

05

20

06

20

07

20

08

20

09

20

10

20

11

20

12

20

13

20

14

20

15

KarmaFund Performance vs. Major Indices

KARMAFUND.NAV

ASE.FFLT.INX

MSCI.Arabian.African

MSCI.Emerging.Markets

MSCI.Frontier.Markets

Equities, 70%

ETFs, 1%

Derivatives, 0%

Alternative, 21%

Cash, 8%

Asset AllocationEquities

ETFs

Derivatives

Alternative

Cash

Jordan, 69%

USA, 29%

China, 2%

Securities by CountryJordanUKUSAChinaBrazilGreeceOther

ASE, 69%

NYSE, 7%

NASDAQ, 2%

OTHER, 22%

Securities by ExchangeASENYSENASDAQLSEOPRAAMEXOTHER

Consumer: Cyclical, 2%Consumer: Non-Cyclical, 4%

Financial, 41%

Basic Materials, 14%Energy, 1%Technology, 4%

Capital Goods, 6%

Services, 3%

Industrials, 8%

Other, 17%

Sector Allocation