Slumping world commodity prices did a number on energy and precious-metals 
funds; Latin America and Russia remained weak

FUND                       ASSETS  CURRENCY      TOTAL RETURN*
                          MILLIONS            4TH QTR.  12 MOS.   5 YRS.

MERCURY ENERGY INTL.      $56.00     USD     -8.80%    -26.95%    8.57%
CDC EUROPE MID CAP         50.69     ECU     -6.31      10.38
HERMES EGYPT               63.50     USD     -6.28     -18.03
MERCURY INTL. GOLD
   & GENERAL               65.30     USD     -5.66     -0.99      -8.02
DIT LUX EUROPA AKTIEN RB   95.78     DEM     -4.28      8.63
SCHRODER INDIA            147.64     USD     -4.07    -21.42
PERFORMA REAL ESTATE       47.71     USD     -2.88    -17.03
INDIAN INVESTMENT          86.26     USD     -1.67    -12.85     -14.27
FORMOSA                   120.07     TWD     -1.58    -14.22       0.28
GAM UNIVERSAL DEM         349.13     DEM      1.54      3.15      12.63
LLOYDS IP LATIN AMERICAN   32.34     USD     -1.39    -41.99
GAM UNIVERSAL USD         159.50     USD     -0.76      1.16      12.77
JF INDIA                   54.22     USD     -0.08     -9.20     -11.97
FLEMING FF INDIA          $71.00     USD      0.22%    -3.17%
DBIM LATINAMERIKA          68.35     DEM      0.41    -40.66
BIL EMERGING GLOBAL
   EQUITY C                64.80     USD      1.08    -29.49
HENDERSON HF EURO. SM.
   COS.                    71.26     NLG      1.11     13.61      13.17%
LUX AVANTAGE1 A CAPITAL   195.94     LUF      1.53     24.59
RUSSIAN PROSPERITY         27.96     USD      1.98    -86.13
GAM STAR TOKYO INC. DEM   125.21     DEM      2.87     -1.67       2.96
GENERALPART B             164.57     LUF      2.90     18.86      17.94
GAM DIVERSITY             952.70     USD      3.08      1.65       8.51
OPPENHEIM AKTIEN
   PROTECT D               54.22     DEM      3.19     27.89
BIL LUXPART C             181.89     LUF      4.37     19.77
AIG EUROPE SM. COS.        53.78     USD      4.50     17.97      13.85

*Includes dividends and capital gains or losses

DEM=German marks, ECU=European currency units, JPY=Japanese yen, LUF=Luxembourg 
francs, NLG=Dutch guilders, TWD=Taiwan dollars, USD=U.S.dollars

DATA: STANDARD & POOR'S MICROPAL