ISHARES TR

Ticker: ACWI CUSIP: 464288257 Class: MSCI ACWI ETF

Gramercy Funds Management LLC's Holding History (CIK: 0001548836)

Note: Option positions (PUT/CALL) are excluded.

Q4 2016
Shares 1,200,000 Value ($000) $71,004 Avg Close — Range —
Q3 2016
Shares 380,000 Value ($000) $22,458 Avg Close — Range —
Q4 2013
Shares 7,500 Value ($000) $432 Avg Close — Range —
Q3 2013
Shares 343,200 Value ($000) $18,505 Avg Close — Range —