| LIST OF FUNDS | DATE | VALUE | CURRENCY | 2014 |
| BPA DOLPHIN EQUITIES - SICAV (I) | 01-dic | 711,23 | EUR | 10,56% |
| BPA DOLPHIN EQUITIES - SICAV (R) | 01-dic | 130,05 | EUR | 9,52% |
| BPA FONS AMERICAN DOLPHIN EQUITIES FI | 01-dic | 65,49 | USD | -19,37% |
| BPA FONS DOLPHIN EQUITIES FI | 01-dic | 140,01 | EUR | 11,75% |
| BPA FONS DOLPHIN EQUITIES USD FI | 01-dic | 237,01 | USD | 10,30% |
| BPA FONS IBERIC ACCIONS FI | 01-dic | 122,84 | EUR | 2,36% |
| BPA IBERIAN EQUITIES - SICAV | 01-dic | 75,7 | EUR | -0,97% |