Jorge A.

Fuentes Zapata

TRADING EXPERIENCE: CAPITAL GAINS

To whom it may concern.

TRADING HISTORY: GAINS1
STOCK
PWT (1)
PWT(2)

CG
HEE (1)
HEE (2)
HEE (3)
HEE (4)

HEP
BIMBOA
HAZ
ALSEA
BBD.PR.B
BBD.B
CEMEXCPO (1)
CEMEXCPO (2)

GCARSOA1
TEMGBIA BF1

TRADE PERIOD
Dec 31 14 Feb 9
2015 (1)
Aug 26 15 Oct 7
2015 (2)
Oct 23 14 Feb 5
2015
Dec 15 14 Dec 19
2014 (1)
Dec 15 14 Jan 7
2015 (2)
Jan 23 15 May 13
2015 (3)
Sept 17 15 Oct 7
2015 (4)
Mar 9 15 May 13
2015
Oct 8 15 Oct 22
2015
Nov 13 14 Jan 22
2015
Sept 14 15 Oct 6
2015
Aug 28 15 - Sep 11
2015
April 2 15 May 14
2015
Aug 2815 Sept 15
2015 (1)
Sept. 25 15- Oct. 05
2015 (2)
Aug 28 15 - Sept 11
2015
Sept 17 Oct 6 2015

RETURN
+41.35%2
+68.75%

PRICE BUY/SELL
2.37/3.345
0.80/1.35

+39.64%

5.50/7.68

+18.23%
+8.04%
+3.35%
+9.49%

3.73/4.41
3.73/4.03
4.18/4.32
2.95/3.23

+11.77%

4.67/5.22

+7.45%

44.39/47.70

+7.37%

16.68/17.91

+6.62%

49.24/52.50

+6.61%

6.20/6.61

+4.78%

2.51/2.63

+2.73%
+4.92%

12.84/13.19
11.80/12.38

+2.71%

71.75/73.70

+1.45%

2.76/2.80

Capital gains do not include dividends/distributions. As a result brokerage commissions are not included nor are
taxes deducted. This can be counted as gross return for every transaction.
2
Net return was of 4.4% as a lot was purchased at $4.88 and signified a loss when sold at $3.35, rebalancing
helped to materialize a gain when purchasing two additional lots at $2.37 hence the 41.35% return represents the
gross return on the second purchase at $2.37 when sold at $3.35 not when purchased at $4.88.

Jorge A. Fuentes Zapata

TRADING EXPERIENCE: CAPITAL GAINS

CURRENT HOLDINGS
EXCHANGE
Toronto Stock Exchange
Toronto Stock Exchange
Toronto Stock Exchange
Bolsa Mexicana de Valores

SYMBOL
CSE
BBD.B
FIE
CORPTRC

SYMBOL
ALSEA
BBD.B
BBD.PR.B
CEMEXCPO
CG
CSE
FIE
GCARSOA1
HAZ
HEE
HEP
PWT
CORPTRC
TEMGBIA BF1

INSTRUMENT
Common Stock
Common Stock
Exchange-traded-fund
Bond fund

OVERALL COMPANIES INVOLVED

CORPORATION / INVESTMENT FUND
Alsea S.A.B. de C.V.
Bombardier Inc. (Common)
Bombardier Inc. (Preferred)
Cementos de Mxico S.A. de C.V.
Centerra Gold Inc.
Capstone Infrastructure Corp. (Common)
iShares Canadian Financial Monthly Income
ETF
Grupo Carso S.A.B. de C.V.
Horizons Active Global Dividend ETF
Horizons Enhanced Income Energy ETF
Horizons Enhanced Income Gold Producers
ETF
Penn West Petroleum Ltd.
iShares Mexico Corporate Bond TRAC
Templeton Global Bond Fund S.A. de C.V.

PLEASE BE ADVISED THAT TRADING HISTORY IN THIS DOCUMENT IS LIMITED TO WHAT IS SHOWN HEREIN. THE
TRADER MAY OR MAY NOT CONTINUE TO EXECUTE MORE TRADES IN THE FUTURE. LOSSES ARE INCLUDED IN THE
FOLLOWING CHART WITH THEIR RESPECTIVE NEGATIVE RETURNS AS PART OF THE TRADERS ADHERENCE TO
HONESTY AND TRANSPARENCY. THE SECTION ENTITLED AS BIGGEST MISTAKE HAS THE PURPOSE TO EXPLAIN, BUT
NOT JUSTIFY, THE GREATEST LOSS THAT THE TRADERS PORTFOLIO HAS INCURRED IN THE PAST.

SYMBOL
HYI
VCE
HEX
CUS

LOSSES
CORPORATION
Horizons Active High Yield
Bond ETF
FTSE Canada Index ETF
Horizons Enhanced Income
Equity
Canexus Corporation3

% LOSS
-1.52%
-3.26%
-6.43%
-50.02%

See the section Biggest Mistake for a description of the loss incurred through this securitys trade.

Jorge A. Fuentes Zapata

TRADING EXPERIENCE: CAPITAL GAINS

BIGGEST MISTAKE
The loss incurred in Canexus Corporations common stock was due to the implementation of a
high dividend yield screening which enabled the purchase of this corporations securities prior to
the companys decision to cut its dividend by 90%. Insider selling of this common stock was also
an indicator of its inevitable decline in the process. Despite Douglas Wonnacotts (Chief Executive
Officer) decision to implement the BIP (Business Improvement Program) and selling its NATO
assets to Cenovus Energy Inc., stockholders did not view the corporations common stock as a
viable long-term holding nor a short-term profitable trade. EPS, dividend yield, and gross,
operating, and profit margins remain negative and meaningless. The result was a steady decline
from the shares purchase price, an inadequate position to rebalance on and/or reinvest
dividends, and finally the biggest mistake made by the trader to date.

TRADING HISTORY - INVESTOPEDIA GAME SIMULATION

7 WEEKS RETURN= +1.30%
Table presented in descending order, initial account value in simulation: $500,000
Final account value after 7 weeks of simulation: $506,519.65
Net gain: $6,519.65
Return: 1.30%