Investor Presentaiton
Period
Quarter
Year Since
to Date 01/09/93
Quarter
Dynamo Cougar x FGV-100 x Ibovespa
(Performance - Percentage Change in US$ dollars)
DYNAMO COUGAR*
IBOVESPA***
Year
FGV-100**
Year
Since
to Date 01/09/93
Since
Quarter
to Date 01/09/93
1993
38.78
38.78
9.07
9.07
11.12
11.12
1994
245.55
379.54
165.25
189.30
58.59
76.22
1995
-3.62
362.20
-35.06
87.87
-13.48
52.47
1996
53.56
609.75
6.62
100.30
53.19
133.57
1997
-6.20
565.50
-4.10
92.00
34.40
213.80
1998
-19.14
438.13
-31.49
31.54
-38.4
93.27
1999
104.64
1,001.24
116.46
184.73
69.49
227.58
2000
3.02
1,034.53
-2.63
177.23
-18.08
168.33
2001
-6.36
962.40
-8.84
152.71
-23.98
103.99
2002
-7.86
878.90
-24.15
91.67
-46.01
10.12
2003
93.94
1,798.51
145.16
369.91
141.04
165.44
1st Quar/04
4.67
4.67
1,887.16
2.35
2.35
380.16
-1.40
-1.40
161.72
2nd Quar/04
-4.89
-0.45
1,790.04
-8.66
-6.51
339.30
-11.31
-12.56
132.11
3rd Quar/04
35.12
34.52
2,453.91
23.73
15.67
443.56
21.13
5.92
181.16
4th Quar/04
22.17
64.35
3,020.19
25.32
44.96
581.16
21.00
28.16
240.19
1st Quar/05
-1.69
-1.69
2,967.41
-1.66
-1.66
569.87
1.06
1.06
243.80
2nd Quar/05
5.41
3.62
3,133.23
2.98
1.27
589.80
7.51
8.65
269.60
3rd Quar/05
32.32
37.12
4,178.29
25.21
26.80
763.71
31.63
43.01
386.50
4th Quar/05
2.97
41.19
4,305.49
3.13
30.77
790.73
0.75
44.09
390.17
1st Quar/06
23.32
23.32
5,332.90
18.89
18.89
958.98
22.51
22.51
500.48
2nd Quar/06
-3.88
18.54
5,122.20
-4.58
13.44
910.48
-2.68
19.23
484.40
3rd Quar/06
5.68
25.27
5,418.57
2.64
16.44
937.17
-1.03
17.99
478.36
4th Quar/06
19.56
49.77
6,498.25
23.01
43.23
1,175.83
24.08
46.41
617.65
1st Quar/07
9.67
9.67
7,136.29
10.07
10.07
1,304.32
6.72
6.72
665.84
2nd Quar/07
29.34
41.85
9,259.40
28.84
41.81
1,709.26
27.19
35.73
874.08
3rd Quar/07
7.46
52.43
9,957.63
15.72
64.10
1,993.66
16.39
57.98
1,033.74
4th Quar/07
4.76
59.69 10,436.57
2.63
68.42
2,048.71
9.78
73.43
1,144.60
1st Quar/08
-1.74
2nd Quar/08
16.40
3rd Quar/08
-32.92
4th Quar/08
-31.09
-1.74 10,253.11
14.37 11,950.74
-23.28 7,983.42
-47.14 5,470.06
4.09
4.09
2,136.62
-4.06
-4.06
1,094.11
11.55
16.11
2,394.95
17.94
13.16
1,308.33
-23.37
-26.01
1,480.89
-38.71
-30.65
763.15
-17.58
-50.05
973.34
-35.86
-55.52
453.66
1st Quar/09
8.08
8.08 5,919.86
5.05
5.05
1,027.53
10.63
10.63
512.51
Average Net Asset Value for Dynamo Cougar (Last 36 months): R$ 869.505.435,63
(*) The Dynamo Cougar Fund figures are audited by Price Waterhouse and Coopers and returns net of all costs and fees,
except for Adjustment of Performance Fee, if due.
(**) Index that includes 100 companies, but excludes banks and state-owned companies. (***) Ibovespa average.
Please visit our website if you would like to compare the performance of Dynamo funds to other indices:
www.dynamo.com.br
This report has been prepared for information purposes only and it is not intended to be an offer for sale or purchase of any class of shares of Dynamo Cougar, or any other securities. All our opinions
and forecasts may change without notice. Past performance is no guarantee of future performance. According to the brazilian laws, investment funds are not guaranteed by the fund administrator, nor by
the fund manager. Investment funds do not even count for any mecanism of insurance.
DYNAMO
DYNAMO ADMINISTRAÇÃO DE RECURSOS LTDA.
Av. Ataulfo de Paiva, 1351 / 7° andar - Leblon - 22440-031 - Rio - RJ - Tel.: (021) 2512-9394 - Fax: (021) 2512-5720
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