| Description of Property | Date Acquired | Cost or Other Basis | Prior Years' Depreciation | Computation Method | Rate / Life (# of years) |
Current Year's Depreciation Expense | Net Investment Income | Adjusted Net Income | Cost of Goods Sold Not Included |
|---|
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| XEROX CORP SR NT - 6.400% - 03 | 102,135 | 100,962 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| AIA GROUP LTD ADR | 12,888 | 13,378 |
| ALIBABA GROUP HOLDING LIMITED | 15,997 | 13,816 |
| AMBEV SA | 8,987 | 5,664 |
| AT HOME CORP | 15,115 | 12,397 |
| BAIDU.COM - ADR | 20,643 | 21,740 |
| BANCO MACRO BANSUD | 7,298 | 7,556 |
| BANK OF AMERICA CORP | 96,977 | 38,877 |
| BRITISH AMERICAN TOBACCO PLC | 11,106 | 11,045 |
| CNOOC LTD ADS | 7,008 | 5,741 |
| COGNIZANT TECHNOLOGY SOLUTIONS | 6,481 | 6,302 |
| COHEN AND STEERS REALTY SHARES | 147,995 | 166,991 |
| COMML INTL BK S/ADR | 11,249 | 8,978 |
| CREDICORP LTD | 11,657 | 9,245 |
| CYPRESS SEMICONDUCTR | 17,251 | 49,982 |
| DYNEX CAPITAL INC REIT | 211,220 | 139,700 |
| EMBRAER EMPRESA BR | 7,100 | 6,499 |
| EPAM SYSTEMS INC | 6,291 | 6,290 |
| FOMENTO ECONOMICO MEXICANO | 10,894 | 10,620 |
| GENERAL ELECTRIC CO | 59,083 | 93,450 |
| GRUPO AEROPORTUARIO DEL CENTRO | 7,780 | 9,228 |
| GRUPO FIN ADR | 11,997 | 11,073 |
| GRUPO TELEVISA (ADR) | 6,336 | 5,034 |
| HDFC BANK LTD ADR | 10,259 | 18,788 |
| ICICI BK LTD ADS | 13,063 | 13,624 |
| INTEL CORP | 43,040 | 68,900 |
| INTEROIL CORPORATION | 4,644 | 3,770 |
| ISHARES BARCLAYS TIPS BOND FUN | 495,942 | 548,400 |
| ISHARES HIGH DIVIDEND EQUITY F | 111,304 | 110,115 |
| ISHARES MSCI EMERGING MARKETS | 218,304 | 160,950 |
| ISHARES MSCI PHILIPPINES INV | 12,557 | 11,303 |
| ISHARES RUSSELL 2000 | 176,911 | 172,499 |
| MARKET VECTORS VIETNAM ETF | 8,319 | 6,803 |
| NASPERS LTD N SPONS ADR | 6,709 | 7,499 |
| NIKE INC-CL B | 21,568 | 100,000 |
| PETRO CHINA | 13,393 | 7,871 |
| PFIZER INC | 15,260 | 25,437 |
| PHILIP MORRIS INTL | 104,131 | 175,820 |
| SABMILLER PLC S/ADR | 3,286 | 4,195 |
| SASOL LTD | 11,508 | 7,510 |
| SELECT SECTOR SPDR UTILITIES | 210,454 | 216,400 |
| SILICON MOTION TECHNOLOGY CORP | 6,598 | 8,310 |
| SK TELECOM ADS ADS | 5,860 | 4,131 |
| SOCIEDAD QUIMICA Y MINERA DE C | 9,167 | 8,364 |
| SOUTHERN COPPER CORP | 7,101 | 6,138 |
| SPDR BARCLAYS CAPITAL HYB ETF | 678,233 | 610,381 |
| SUNPOWER CORP | 28,585 | 14,615 |
| TAIWAN SEMICONDUCTOR MFG CO LT | 7,577 | 9,896 |
| TAL EDUCATION GROUP | 3,281 | 4,182 |
| TATA MOTORS LTD ADS | 3,217 | 3,389 |
| TENCENT HOLDINGS LIMITED | 7,384 | 11,183 |
| VOLARIS AVIATION HOLDING | 5,157 | 6,435 |
| WHV INTERNATIONAL EQUITY FUND | 116,523 | 82,727 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| RUBICON MORTGAGE FUND LLC | 402,278 | 403,749 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Administrative Fees | 27,548 | 27,548 | ||
| Bank Charges | 250 | 250 | ||
| K-1 Exp RUBICON MORTGAGE FUND | 14,815 | 14,815 | ||
| State or Local Filing Fees | 25 | 25 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| K-1 Inc/Loss RUBICON MORTGAGE FUND LLC | 47,009 | 47,009 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Investment Management Services | 1,801 | 1,801 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| 990-PF Estimated Tax for 2015 | 1,300 | |||
| 990-PF Extension for 2014 | 749 | |||
| Foreign Tax Paid | 362 | 362 |