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<xsl:comment> Created by Charles Hoffman, CPA, 2007-01-01 </xsl:comment>
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      <link rel="stylesheet" type="text/css" href="../Patterns.css"/>
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   <body>
      <center>
      <table width='600' border='0' cellpadding='0' cellspacing='0'>
         <col width='600'/>
           <tr>
              <td>
                 <h1>Grouped Report</h1>
              </td>
           </tr>
           <tr>
              <td  class='Heading'>USFRTF Sample Company</td>
           </tr>
           <tr>
              <td  class='Heading'>For Period Ending December 31, 2003</td>
           </tr>
           <tr>
           <td>
           <tr class='Blank'>
              <td class='Blank'>-</td>
           </tr>
           <table width='600' border='0' cellpadding='2' cellspacing='2'>
              <col width='100' />
              <col width='70' />
              <col width='250' />
              <col width='75' />
              <col width='75' />
              <col width='50' />
              <tr>
                 <td colspan='1' class='ColumnHeading-l'> </td>
                 <td colspan='r' class='ColumnHeading-r'>Shares</td>
                 <td colspan='1' class='ColumnHeading-l'>Description</td>
                 <td colspan='1' class='ColumnHeading-l'>Moody's Rating</td>
                 <td colspan='1' class='ColumnHeading-l'>S &amp; P Rating</td>
                 <td colspan='r' class='ColumnHeading-r'>Value</td>
              </tr>

            <tr>
               <td colspan='6' class='Heading'>LONG-TERM INVESTMENTS</td>
            </tr>
            <tr>
               <td colspan='6' class='Heading'>Australia</td>
            </tr>
            <tr>
               <td colspan='6' class='Heading'>AUD</td>
            </tr>
            <tr>
               <td colspan='1' class='ColumnHeading-l'> </td>
               <td colspan='5' class='Heading'>Government</td>
            </tr>
            <tr>
               <td colspan='2' class='ColumnHeading-l'> </td>
               <td colspan='4' class='Heading'><xsl:value-of select="/xbrli:xbrl/ci:Investment[1]/ci:InvestmentEntity" /></td>
            </tr>
         <xsl:for-each select="/xbrli:xbrl/ci:Investment[ci:InvestmentTerm='Long Term' and ci:InvestmentCountry='Australia' and ci:InvestmentEntity='Commonwealth of Australia']">
              <tr class='Line'>
                <td class='Label'><span style='font-size:8pt'> </span></td>
                <td class='InvestmentValueAtCost'><span style='font-size:8pt'>
                   <xsl:value-of select="format-number(ci:InvestmentShares div 1000,'#,##0','base')" /></span>
                </td>
                <td class='Label'><span style='font-size:8pt'>
                   <xsl:value-of select="ci:InvestmentDescription" /></span>
                </td>
                <td class='Label'><span style='font-size:8pt'>
                   <xsl:choose>
                      <xsl:when test="ci:InvestmentMoodysRating = 'Not rated'">-</xsl:when>
                      <xsl:otherwise><xsl:value-of select="ci:InvestmentMoodysRating" /></xsl:otherwise>
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                   </span>
                </td>
                <td class='Label'><span style='font-size:8pt'>
                   <xsl:choose>
                      <xsl:when test="ci:InvestmentSPRating = 'Not rated'">-</xsl:when>
                      <xsl:otherwise><xsl:value-of select="ci:InvestmentSPRating" /></xsl:otherwise>
                   </xsl:choose>
                   </span>
                </td>
                <td class='InvestmentValueAtCost'><span style='font-size:8pt'>
                   <xsl:value-of select="format-number(ci:InvestmentValueAtCost,'#,##0','base')" /></span>
                </td>
              </tr>
          </xsl:for-each>
              <tr class='Line'>
                <td colspan='5' class='Label-r'><span style='font-size:8pt'>Total Australian Government</span></td>
                <td colspan='1' class='ValueLineOverUnder'><span style='font-size:8pt'>
                   <xsl:value-of select="format-number(sum(/xbrli:xbrl/ci:Investment[ci:InvestmentTerm='Long Term' and ci:InvestmentCountry='Australia' and ci:InvestmentEntity='Commonwealth of Australia']/ci:InvestmentValueAtCost),'#,##0','base')" /></span>
                </td>
              </tr>

<!-- Group 2 -->
            <tr>
               <td colspan='1' class='ColumnHeading-l'> </td>
               <td colspan='5' class='Heading'>Quasi/Semi-Government</td>
            </tr>
            <tr>
               <td colspan='2' class='ColumnHeading-l'> </td>
               <td colspan='4' class='Heading'><xsl:value-of select="/xbrli:xbrl/ci:Investment[10]/ci:InvestmentEntity" /></td>
            </tr>
         <xsl:for-each select="/xbrli:xbrl/ci:Investment[ci:InvestmentTerm='Long Term' and ci:InvestmentCountry='Australia' and ci:InvestmentEntity='Australia Postal Corporation']">
              <tr class='Line'>
                <td class='Label'><span style='font-size:8pt'> </span></td>
                <td class='InvestmentValueAtCost'><span style='font-size:8pt'>
                   <xsl:value-of select="format-number(ci:InvestmentShares div 1000,'#,##0','base')" /></span>
                </td>
                <td class='Label'><span style='font-size:8pt'>
                   <xsl:value-of select="ci:InvestmentDescription" /></span>
                </td>
                <td class='Label'><span style='font-size:8pt'>
                   <xsl:choose>
                      <xsl:when test="ci:InvestmentMoodysRating = 'Not rated'">-</xsl:when>
                      <xsl:otherwise><xsl:value-of select="ci:InvestmentMoodysRating" /></xsl:otherwise>
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                   </span>
                </td>
                <td class='Label'><span style='font-size:8pt'>
                   <xsl:choose>
                      <xsl:when test="ci:InvestmentSPRating = 'Not rated'">-</xsl:when>
                      <xsl:otherwise><xsl:value-of select="ci:InvestmentSPRating" /></xsl:otherwise>
                   </xsl:choose>
                   </span>
                </td>
                <td class='InvestmentValueAtCost'><span style='font-size:8pt'>
                   <xsl:value-of select="format-number(ci:InvestmentValueAtCost,'#,##0','base')" /></span>
                </td>
              </tr>
          </xsl:for-each>

            <tr>
               <td colspan='2' class='ColumnHeading-l'> </td>
               <td colspan='4' class='Heading'><xsl:value-of select="/xbrli:xbrl/ci:Investment[11]/ci:InvestmentEntity" /></td>
            </tr>
         <xsl:for-each select="/xbrli:xbrl/ci:Investment[ci:InvestmentTerm='Long Term' and ci:InvestmentCountry='Australia' and ci:InvestmentEntity='Commonwealth Bank of Australia']">
              <tr class='Line'>
                <td class='Label'><span style='font-size:8pt'> </span></td>
                <td class='InvestmentValueAtCost'><span style='font-size:8pt'>
                   <xsl:value-of select="format-number(ci:InvestmentShares div 1000,'#,##0','base')" /></span>
                </td>
                <td class='Label'><span style='font-size:8pt'>
                   <xsl:value-of select="ci:InvestmentDescription" /></span>
                </td>
                <td class='Label'><span style='font-size:8pt'>
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                </td>
                <td class='Label'><span style='font-size:8pt'>
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                </td>
                <td class='InvestmentValueAtCost'><span style='font-size:8pt'>
                   <xsl:value-of select="format-number(ci:InvestmentValueAtCost,'#,##0','base')" /></span>
                </td>
              </tr>
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            <tr>
               <td colspan='2' class='ColumnHeading-l'> </td>
               <td colspan='4' class='Heading'><xsl:value-of select="/xbrli:xbrl/ci:Investment[17]/ci:InvestmentEntity" /></td>
            </tr>
         <xsl:for-each select="/xbrli:xbrl/ci:Investment[ci:InvestmentTerm='Long Term' and ci:InvestmentCountry='Australia' and ci:InvestmentEntity='EFIC']">
              <tr class='Line'>
                <td class='Label'><span style='font-size:8pt'> </span></td>
                <td class='InvestmentValueAtCost'><span style='font-size:8pt'>
                   <xsl:value-of select="format-number(ci:InvestmentShares div 1000,'#,##0','base')" /></span>
                </td>
                <td class='Label'><span style='font-size:8pt'>
                   <xsl:value-of select="ci:InvestmentDescription" /></span>
                </td>
                <td class='Label'><span style='font-size:8pt'>
                   <xsl:choose>
                      <xsl:when test="ci:InvestmentMoodysRating = 'Not rated'">-</xsl:when>
                      <xsl:otherwise><xsl:value-of select="ci:InvestmentMoodysRating" /></xsl:otherwise>
                   </xsl:choose>
                   </span>
                </td>
                <td class='Label'><span style='font-size:8pt'>
                   <xsl:choose>
                      <xsl:when test="ci:InvestmentSPRating = 'Not rated'">-</xsl:when>
                      <xsl:otherwise><xsl:value-of select="ci:InvestmentSPRating" /></xsl:otherwise>
                   </xsl:choose>
                   </span>
                </td>
                <td class='InvestmentValueAtCost'><span style='font-size:8pt'>
                   <xsl:value-of select="format-number(ci:InvestmentValueAtCost,'#,##0','base')" /></span>
                </td>
              </tr>
          </xsl:for-each>

            <tr>
               <td colspan='2' class='ColumnHeading-l'> </td>
               <td colspan='4' class='Heading'><xsl:value-of select="/xbrli:xbrl/ci:Investment[18]/ci:InvestmentEntity" /></td>
            </tr>
         <xsl:for-each select="/xbrli:xbrl/ci:Investment[ci:InvestmentTerm='Long Term' and ci:InvestmentCountry='Australia' and ci:InvestmentEntity='New South Wales Treasury Corporation']">
              <tr class='Line'>
                <td class='Label'><span style='font-size:8pt'> </span></td>
                <td class='InvestmentValueAtCost'><span style='font-size:8pt'>
                   <xsl:value-of select="format-number(ci:InvestmentShares div 1000,'#,##0','base')" /></span>
                </td>
                <td class='Label'><span style='font-size:8pt'>
                   <xsl:value-of select="ci:InvestmentDescription" /></span>
                </td>
                <td class='Label'><span style='font-size:8pt'>
                   <xsl:choose>
                      <xsl:when test="ci:InvestmentMoodysRating = 'Not rated'">-</xsl:when>
                      <xsl:otherwise><xsl:value-of select="ci:InvestmentMoodysRating" /></xsl:otherwise>
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                   </span>
                </td>
                <td class='Label'><span style='font-size:8pt'>
                   <xsl:choose>
                      <xsl:when test="ci:InvestmentSPRating = 'Not rated'">-</xsl:when>
                      <xsl:otherwise><xsl:value-of select="ci:InvestmentSPRating" /></xsl:otherwise>
                   </xsl:choose>
                   </span>
                </td>
                <td class='InvestmentValueAtCost'><span style='font-size:8pt'>
                   <xsl:value-of select="format-number(ci:InvestmentValueAtCost,'#,##0','base')" /></span>
                </td>
              </tr>
          </xsl:for-each>

            <tr>
               <td colspan='2' class='ColumnHeading-l'> </td>
               <td colspan='4' class='Heading'><xsl:value-of select="/xbrli:xbrl/ci:Investment[24]/ci:InvestmentEntity" /></td>
            </tr>
         <xsl:for-each select="/xbrli:xbrl/ci:Investment[ci:InvestmentTerm='Long Term' and ci:InvestmentCountry='Australia' and ci:InvestmentEntity='Northern Territory Treasury']">
              <tr class='Line'>
                <td class='Label'><span style='font-size:8pt'> </span></td>
                <td class='InvestmentValueAtCost'><span style='font-size:8pt'>
                   <xsl:value-of select="format-number(ci:InvestmentShares div 1000,'#,##0','base')" /></span>
                </td>
                <td class='Label'><span style='font-size:8pt'>
                   <xsl:value-of select="ci:InvestmentDescription" /></span>
                </td>
                <td class='Label'><span style='font-size:8pt'>
                   <xsl:choose>
                      <xsl:when test="ci:InvestmentMoodysRating = 'Not rated'">-</xsl:when>
                      <xsl:otherwise><xsl:value-of select="ci:InvestmentMoodysRating" /></xsl:otherwise>
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                </td>
                <td class='Label'><span style='font-size:8pt'>
                   <xsl:choose>
                      <xsl:when test="ci:InvestmentSPRating = 'Not rated'">-</xsl:when>
                      <xsl:otherwise><xsl:value-of select="ci:InvestmentSPRating" /></xsl:otherwise>
                   </xsl:choose>
                   </span>
                </td>
                <td class='InvestmentValueAtCost'><span style='font-size:8pt'>
                   <xsl:value-of select="format-number(ci:InvestmentValueAtCost,'#,##0','base')" /></span>
                </td>
              </tr>
          </xsl:for-each>

            <tr>
               <td colspan='2' class='ColumnHeading-l'> </td>
               <td colspan='4' class='Heading'><xsl:value-of select="/xbrli:xbrl/ci:Investment[27]/ci:InvestmentEntity" /></td>
            </tr>
         <xsl:for-each select="/xbrli:xbrl/ci:Investment[ci:InvestmentTerm='Long Term' and ci:InvestmentCountry='Australia' and ci:InvestmentEntity='Queensland Treasury Corporation']">
              <tr class='Line'>
                <td class='Label'><span style='font-size:8pt'> </span></td>
                <td class='InvestmentValueAtCost'><span style='font-size:8pt'>
                   <xsl:value-of select="format-number(ci:InvestmentShares div 1000,'#,##0','base')" /></span>
                </td>
                <td class='Label'><span style='font-size:8pt'>
                   <xsl:value-of select="ci:InvestmentDescription" /></span>
                </td>
                <td class='Label'><span style='font-size:8pt'>
                   <xsl:choose>
                      <xsl:when test="ci:InvestmentMoodysRating = 'Not rated'">-</xsl:when>
                      <xsl:otherwise><xsl:value-of select="ci:InvestmentMoodysRating" /></xsl:otherwise>
                   </xsl:choose>
                   </span>
                </td>
                <td class='Label'><span style='font-size:8pt'>
                   <xsl:choose>
                      <xsl:when test="ci:InvestmentSPRating = 'Not rated'">-</xsl:when>
                      <xsl:otherwise><xsl:value-of select="ci:InvestmentSPRating" /></xsl:otherwise>
                   </xsl:choose>
                   </span>
                </td>
                <td class='InvestmentValueAtCost'><span style='font-size:8pt'>
                   <xsl:value-of select="format-number(ci:InvestmentValueAtCost,'#,##0','base')" /></span>
                </td>
              </tr>
          </xsl:for-each>
              <tr class='Line'>
                <td colspan='5' class='Label-r'><span style='font-size:8pt'>Total Australia</span></td>
                <td colspan='1' class='ValueLineOverUnder'><span style='font-size:8pt'>
                   <xsl:value-of select="format-number(sum(/xbrli:xbrl/ci:Investment[ci:InvestmentTerm='Long Term' and ci:InvestmentCountry='Australia']/ci:InvestmentValueAtCost),'#,##0','base')" /></span>
                </td>
              </tr>

<!-- Start Singapore -->
            <tr>
               <td colspan='6' class='Heading'>Singapore</td>
            </tr>
            <tr>
               <td colspan='6' class='Heading'>SGD</td>
            </tr>
            <tr>
               <td colspan='1' class='ColumnHeading-l'> </td>
               <td colspan='5' class='Heading'>Banks and Financial Services</td>
            </tr>
            <tr>
               <td colspan='2' class='ColumnHeading-l'> </td>
               <td colspan='4' class='Heading'><xsl:value-of select="/xbrli:xbrl/ci:Investment[33]/ci:InvestmentEntity" /></td>
            </tr>
         <xsl:for-each select="/xbrli:xbrl/ci:Investment[ci:InvestmentTerm='Long Term' and ci:InvestmentCountry='Singapore' and ci:InvestmentEntity='Development Bank of Singapore']">
              <tr class='Line'>
                <td class='Label'><span style='font-size:8pt'> </span></td>
                <td class='InvestmentValueAtCost'><span style='font-size:8pt'>
                   <xsl:value-of select="format-number(ci:InvestmentShares div 1000,'#,##0','base')" /></span>
                </td>
                <td class='Label'><span style='font-size:8pt'>
                   <xsl:value-of select="ci:InvestmentDescription" /></span>
                </td>
                <td class='Label'><span style='font-size:8pt'>
                   <xsl:choose>
                      <xsl:when test="ci:InvestmentMoodysRating = 'Not rated'">-</xsl:when>
                      <xsl:otherwise><xsl:value-of select="ci:InvestmentMoodysRating" /></xsl:otherwise>
                   </xsl:choose>
                   </span>
                </td>
                <td class='Label'><span style='font-size:8pt'>
                   <xsl:choose>
                      <xsl:when test="ci:InvestmentSPRating = 'Not rated'">-</xsl:when>
                      <xsl:otherwise><xsl:value-of select="ci:InvestmentSPRating" /></xsl:otherwise>
                   </xsl:choose>
                   </span>
                </td>
                <td class='InvestmentValueAtCost'><span style='font-size:8pt'>
                   <xsl:value-of select="format-number(ci:InvestmentValueAtCost,'#,##0','base')" /></span>
                </td>
              </tr>
          </xsl:for-each>


            <tr>
               <td colspan='1' class='ColumnHeading-l'> </td>
               <td colspan='5' class='Heading'>Telecoms</td>
            </tr>
            <tr>
               <td colspan='2' class='ColumnHeading-l'> </td>
               <td colspan='4' class='Heading'><xsl:value-of select="/xbrli:xbrl/ci:Investment[35]/ci:InvestmentEntity" /></td>
            </tr>
         <xsl:for-each select="/xbrli:xbrl/ci:Investment[ci:InvestmentTerm='Long Term' and ci:InvestmentCountry='Singapore' and ci:InvestmentEntity='Cable and Wireless Optus Finance']">
              <tr class='Line'>
                <td class='Label'><span style='font-size:8pt'> </span></td>
                <td class='InvestmentValueAtCost'><span style='font-size:8pt'>
                   <xsl:value-of select="format-number(ci:InvestmentShares div 1000,'#,##0','base')" /></span>
                </td>
                <td class='Label'><span style='font-size:8pt'>
                   <xsl:value-of select="ci:InvestmentDescription" /></span>
                </td>
                <td class='Label'><span style='font-size:8pt'>
                   <xsl:choose>
                      <xsl:when test="ci:InvestmentMoodysRating = 'Not rated'">-</xsl:when>
                      <xsl:otherwise><xsl:value-of select="ci:InvestmentMoodysRating" /></xsl:otherwise>
                   </xsl:choose>
                   </span>
                </td>
                <td class='Label'><span style='font-size:8pt'>
                   <xsl:choose>
                      <xsl:when test="ci:InvestmentSPRating = 'Not rated'">-</xsl:when>
                      <xsl:otherwise><xsl:value-of select="ci:InvestmentSPRating" /></xsl:otherwise>
                   </xsl:choose>
                   </span>
                </td>
                <td class='InvestmentValueAtCost'><span style='font-size:8pt'>
                   <xsl:value-of select="format-number(ci:InvestmentValueAtCost,'#,##0','base')" /></span>
                </td>
              </tr>
          </xsl:for-each>

              <tr class='Line'>
                <td colspan='5' class='Label-r'><span style='font-size:8pt'>Total Singapore</span></td>
                <td colspan='1' class='ValueLineOverUnder'><span style='font-size:8pt'>
                   <xsl:value-of select="format-number(sum(/xbrli:xbrl/ci:Investment[ci:InvestmentTerm='Long Term' and ci:InvestmentCountry='Singapore']/ci:InvestmentValueAtCost),'#,##0','base')" /></span>
                </td>
              </tr>
              <tr class='Blank'>
                 <td colspan='6' class='Blank'>-</td>
              </tr>
              <tr class='Line'>
                <td colspan='5' class='Label-r'><span style='font-size:8pt'>Total Long-InvestmentTerm Investments</span></td>
                <td colspan='1' class='ValueLineOverUnder'><span style='font-size:8pt'>
                   <xsl:value-of select="format-number(sum(/xbrli:xbrl/ci:Investment[ci:InvestmentTerm='Long Term']/ci:InvestmentValueAtCost),'#,##0','base')" /></span>
                </td>
              </tr>

              <tr class='Blank'>
                 <td colspan='6' class='Blank'>-</td>
              </tr>


<!-- Start Short InvestmentTerm -->

            <tr>
               <td colspan='6' class='Heading'>SHORT-TERM INVESTMENTS</td>
            </tr>
            <tr>
               <td colspan='6' class='Heading'>Australia</td>
            </tr>
            <tr>
               <td colspan='6' class='Heading'>AUD</td>
            </tr>
            <tr>
               <td colspan='1' class='ColumnHeading-l'> </td>
               <td colspan='5' class='Heading'>Government</td>
            </tr>
            <tr>
               <td colspan='2' class='ColumnHeading-l'> </td>
               <td colspan='4' class='Heading'><xsl:value-of select="/xbrli:xbrl/ci:Investment[36]/ci:InvestmentEntity" /></td>
            </tr>
         <xsl:for-each select="/xbrli:xbrl/ci:Investment[ci:InvestmentTerm='Short Term' and ci:InvestmentCountry='Australia' and ci:InvestmentEntity='Commonwealth of Australia']">
              <tr class='Line'>
                <td class='Label'><span style='font-size:8pt'> </span></td>
                <td class='InvestmentValueAtCost'><span style='font-size:8pt'>
                   <xsl:value-of select="format-number(ci:InvestmentShares div 1000,'#,##0','base')" /></span>
                </td>
                <td class='Label'><span style='font-size:8pt'>
                   <xsl:value-of select="ci:InvestmentDescription" /></span>
                </td>
                <td class='Label'><span style='font-size:8pt'>
                   <xsl:choose>
                      <xsl:when test="ci:InvestmentMoodysRating = 'Not rated'">-</xsl:when>
                      <xsl:otherwise><xsl:value-of select="ci:InvestmentMoodysRating" /></xsl:otherwise>
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                   </span>
                </td>
                <td class='Label'><span style='font-size:8pt'>
                   <xsl:choose>
                      <xsl:when test="ci:InvestmentSPRating = 'Not rated'">-</xsl:when>
                      <xsl:otherwise><xsl:value-of select="ci:InvestmentSPRating" /></xsl:otherwise>
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                </td>
                <td class='InvestmentValueAtCost'><span style='font-size:8pt'>
                   <xsl:value-of select="format-number(ci:InvestmentValueAtCost,'#,##0','base')" /></span>
                </td>
              </tr>
          </xsl:for-each>
              <tr class='Line'>
                <td colspan='5' class='Label-r'><span style='font-size:8pt'>Total Australian Government</span></td>
                <td colspan='1' class='ValueLineOverUnder'><span style='font-size:8pt'>
                   <xsl:value-of select="format-number(sum(/xbrli:xbrl/ci:Investment[ci:InvestmentTerm='Short Term' and ci:InvestmentCountry='Australia' and ci:InvestmentEntity='Commonwealth of Australia']/ci:InvestmentValueAtCost),'#,##0','base')" /></span>
                </td>
              </tr>

            <tr>
               <td colspan='1' class='ColumnHeading-l'> </td>
               <td colspan='5' class='Heading'>Quasi/Semi-Government</td>
            </tr>
            <tr>
               <td colspan='2' class='ColumnHeading-l'> </td>
               <td colspan='4' class='Heading'><xsl:value-of select="/xbrli:xbrl/ci:Investment[39]/ci:InvestmentEntity" /></td>
            </tr>
         <xsl:for-each select="/xbrli:xbrl/ci:Investment[ci:InvestmentTerm='Short Term' and ci:InvestmentCountry='Australia' and ci:InvestmentEntity='Australia Postal Corporation']">
              <tr class='Line'>
                <td class='Label'><span style='font-size:8pt'> </span></td>
                <td class='InvestmentValueAtCost'><span style='font-size:8pt'>
                   <xsl:value-of select="format-number(ci:InvestmentShares div 1000,'#,##0','base')" /></span>
                </td>
                <td class='Label'><span style='font-size:8pt'>
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                <td class='Label'><span style='font-size:8pt'>
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                </td>
                <td class='Label'><span style='font-size:8pt'>
                   <xsl:choose>
                      <xsl:when test="ci:InvestmentSPRating = 'Not rated'">-</xsl:when>
                      <xsl:otherwise><xsl:value-of select="ci:InvestmentSPRating" /></xsl:otherwise>
                   </xsl:choose>
                   </span>
                </td>
                <td class='InvestmentValueAtCost'><span style='font-size:8pt'>
                   <xsl:value-of select="format-number(ci:InvestmentValueAtCost,'#,##0','base')" /></span>
                </td>
              </tr>
          </xsl:for-each>


            <tr>
               <td colspan='2' class='ColumnHeading-l'> </td>
               <td colspan='4' class='Heading'><xsl:value-of select="/xbrli:xbrl/ci:Investment[40]/ci:InvestmentEntity" /></td>
            </tr>
         <xsl:for-each select="/xbrli:xbrl/ci:Investment[ci:InvestmentTerm='Short Term' and ci:InvestmentCountry='Australia' and ci:InvestmentEntity='Commonwealth Bank of Australia']">
              <tr class='Line'>
                <td class='Label'><span style='font-size:8pt'> </span></td>
                <td class='InvestmentValueAtCost'><span style='font-size:8pt'>
                   <xsl:value-of select="format-number(ci:InvestmentShares div 1000,'#,##0','base')" /></span>
                </td>
                <td class='Label'><span style='font-size:8pt'>
                   <xsl:value-of select="ci:InvestmentDescription" /></span>
                </td>
                <td class='Label'><span style='font-size:8pt'>
                   <xsl:choose>
                      <xsl:when test="ci:InvestmentMoodysRating = 'Not rated'">-</xsl:when>
                      <xsl:otherwise><xsl:value-of select="ci:InvestmentMoodysRating" /></xsl:otherwise>
                   </xsl:choose>
                   </span>
                </td>
                <td class='Label'><span style='font-size:8pt'>
                   <xsl:choose>
                      <xsl:when test="ci:InvestmentSPRating = 'Not rated'">-</xsl:when>
                      <xsl:otherwise><xsl:value-of select="ci:InvestmentSPRating" /></xsl:otherwise>
                   </xsl:choose>
                   </span>
                </td>
                <td class='InvestmentValueAtCost'><span style='font-size:8pt'>
                   <xsl:value-of select="format-number(ci:InvestmentValueAtCost,'#,##0','base')" /></span>
                </td>
              </tr>
          </xsl:for-each>


            <tr>
               <td colspan='2' class='ColumnHeading-l'> </td>
               <td colspan='4' class='Heading'><xsl:value-of select="/xbrli:xbrl/ci:Investment[42]/ci:InvestmentEntity" /></td>
            </tr>
         <xsl:for-each select="/xbrli:xbrl/ci:Investment[ci:InvestmentTerm='Short Term' and ci:InvestmentCountry='Australia' and ci:InvestmentEntity='EFIC']">
              <tr class='Line'>
                <td class='Label'><span style='font-size:8pt'> </span></td>
                <td class='InvestmentValueAtCost'><span style='font-size:8pt'>
                   <xsl:value-of select="format-number(ci:InvestmentShares div 1000,'#,##0','base')" /></span>
                </td>
                <td class='Label'><span style='font-size:8pt'>
                   <xsl:value-of select="ci:InvestmentDescription" /></span>
                </td>
                <td class='Label'><span style='font-size:8pt'>
                   <xsl:choose>
                      <xsl:when test="ci:InvestmentMoodysRating = 'Not rated'">-</xsl:when>
                      <xsl:otherwise><xsl:value-of select="ci:InvestmentMoodysRating" /></xsl:otherwise>
                   </xsl:choose>
                   </span>
                </td>
                <td class='Label'><span style='font-size:8pt'>
                   <xsl:choose>
                      <xsl:when test="ci:InvestmentSPRating = 'Not rated'">-</xsl:when>
                      <xsl:otherwise><xsl:value-of select="ci:InvestmentSPRating" /></xsl:otherwise>
                   </xsl:choose>
                   </span>
                </td>
                <td class='InvestmentValueAtCost'><span style='font-size:8pt'>
                   <xsl:value-of select="format-number(ci:InvestmentValueAtCost,'#,##0','base')" /></span>
                </td>
              </tr>
          </xsl:for-each>

            <tr>
               <td colspan='2' class='ColumnHeading-l'> </td>
               <td colspan='4' class='Heading'><xsl:value-of select="/xbrli:xbrl/ci:Investment[43]/ci:InvestmentEntity" /></td>
            </tr>
         <xsl:for-each select="/xbrli:xbrl/ci:Investment[ci:InvestmentTerm='Short Term' and ci:InvestmentCountry='Australia' and ci:InvestmentEntity='New South Wales Treasury Corporation']">
              <tr class='Line'>
                <td class='Label'><span style='font-size:8pt'> </span></td>
                <td class='InvestmentValueAtCost'><span style='font-size:8pt'>
                   <xsl:value-of select="format-number(ci:InvestmentShares div 1000,'#,##0','base')" /></span>
                </td>
                <td class='Label'><span style='font-size:8pt'>
                   <xsl:value-of select="ci:InvestmentDescription" /></span>
                </td>
                <td class='Label'><span style='font-size:8pt'>
                   <xsl:choose>
                      <xsl:when test="ci:InvestmentMoodysRating = 'Not rated'">-</xsl:when>
                      <xsl:otherwise><xsl:value-of select="ci:InvestmentMoodysRating" /></xsl:otherwise>
                   </xsl:choose>
                   </span>
                </td>
                <td class='Label'><span style='font-size:8pt'>
                   <xsl:choose>
                      <xsl:when test="ci:InvestmentSPRating = 'Not rated'">-</xsl:when>
                      <xsl:otherwise><xsl:value-of select="ci:InvestmentSPRating" /></xsl:otherwise>
                   </xsl:choose>
                   </span>
                </td>
                <td class='InvestmentValueAtCost'><span style='font-size:8pt'>
                   <xsl:value-of select="format-number(ci:InvestmentValueAtCost,'#,##0','base')" /></span>
                </td>
              </tr>
          </xsl:for-each>

            <tr>
               <td colspan='2' class='ColumnHeading-l'> </td>
               <td colspan='4' class='Heading'><xsl:value-of select="/xbrli:xbrl/ci:Investment[46]/ci:InvestmentEntity" /></td>
            </tr>
         <xsl:for-each select="/xbrli:xbrl/ci:Investment[ci:InvestmentTerm='Short Term' and ci:InvestmentCountry='Australia' and ci:InvestmentEntity='Northern Territory Treasury']">
              <tr class='Line'>
                <td class='Label'><span style='font-size:8pt'> </span></td>
                <td class='InvestmentValueAtCost'><span style='font-size:8pt'>
                   <xsl:value-of select="format-number(ci:InvestmentShares div 1000,'#,##0','base')" /></span>
                </td>
                <td class='Label'><span style='font-size:8pt'>
                   <xsl:value-of select="ci:InvestmentDescription" /></span>
                </td>
                <td class='Label'><span style='font-size:8pt'>
                   <xsl:choose>
                      <xsl:when test="ci:InvestmentMoodysRating = 'Not rated'">-</xsl:when>
                      <xsl:otherwise><xsl:value-of select="ci:InvestmentMoodysRating" /></xsl:otherwise>
                   </xsl:choose>
                   </span>
                </td>
                <td class='Label'><span style='font-size:8pt'>
                   <xsl:choose>
                      <xsl:when test="ci:InvestmentSPRating = 'Not rated'">-</xsl:when>
                      <xsl:otherwise><xsl:value-of select="ci:InvestmentSPRating" /></xsl:otherwise>
                   </xsl:choose>
                   </span>
                </td>
                <td class='InvestmentValueAtCost'><span style='font-size:8pt'>
                   <xsl:value-of select="format-number(ci:InvestmentValueAtCost,'#,##0','base')" /></span>
                </td>
              </tr>
          </xsl:for-each>

            <tr>
               <td colspan='2' class='ColumnHeading-l'> </td>
               <td colspan='4' class='Heading'><xsl:value-of select="/xbrli:xbrl/ci:Investment[49]/ci:InvestmentEntity" /></td>
            </tr>
         <xsl:for-each select="/xbrli:xbrl/ci:Investment[ci:InvestmentTerm='Short Term' and ci:InvestmentCountry='Australia' and ci:InvestmentEntity='Queensland Treasury Corporation']">
              <tr class='Line'>
                <td class='Label'><span style='font-size:8pt'> </span></td>
                <td class='InvestmentValueAtCost'><span style='font-size:8pt'>
                   <xsl:value-of select="format-number(ci:InvestmentShares div 1000,'#,##0','base')" /></span>
                </td>
                <td class='Label'><span style='font-size:8pt'>
                   <xsl:value-of select="ci:InvestmentDescription" /></span>
                </td>
                <td class='Label'><span style='font-size:8pt'>
                   <xsl:choose>
                      <xsl:when test="ci:InvestmentMoodysRating = 'Not rated'">-</xsl:when>
                      <xsl:otherwise><xsl:value-of select="ci:InvestmentMoodysRating" /></xsl:otherwise>
                   </xsl:choose>
                   </span>
                </td>
                <td class='Label'><span style='font-size:8pt'>
                   <xsl:choose>
                      <xsl:when test="ci:InvestmentSPRating = 'Not rated'">-</xsl:when>
                      <xsl:otherwise><xsl:value-of select="ci:InvestmentSPRating" /></xsl:otherwise>
                   </xsl:choose>
                   </span>
                </td>
                <td class='InvestmentValueAtCost'><span style='font-size:8pt'>
                   <xsl:value-of select="format-number(ci:InvestmentValueAtCost,'#,##0','base')" /></span>
                </td>
              </tr>
          </xsl:for-each>


              <tr class='Line'>
                <td colspan='5' class='Label-r'><span style='font-size:8pt'>Total Australia</span></td>
                <td colspan='1' class='ValueLineOverUnder'><span style='font-size:8pt'>
                   <xsl:value-of select="format-number(sum(/xbrli:xbrl/ci:Investment[ci:InvestmentTerm='Short Term' and ci:InvestmentCountry='Australia']/ci:InvestmentValueAtCost),'#,##0','base')" /></span>
                </td>
              </tr>

<!-- Start Singapore -->
            <tr>
               <td colspan='6' class='Heading'>Singapore</td>
            </tr>
            <tr>
               <td colspan='6' class='Heading'>SGD</td>
            </tr>
            <tr>
               <td colspan='1' class='ColumnHeading-l'> </td>
               <td colspan='5' class='Heading'>Software</td>
            </tr>

            <tr>
               <td colspan='2' class='ColumnHeading-l'> </td>
               <td colspan='4' class='Heading'><xsl:value-of select="/xbrli:xbrl/ci:Investment[52]/ci:InvestmentEntity" /></td>
            </tr>
         <xsl:for-each select="/xbrli:xbrl/ci:Investment[ci:InvestmentTerm='Short Term' and ci:InvestmentCountry='Singapore' and ci:InvestmentEntity='Microcom']">
              <tr class='Line'>
                <td class='Label'><span style='font-size:8pt'> </span></td>
                <td class='InvestmentValueAtCost'><span style='font-size:8pt'>
                   <xsl:value-of select="format-number(ci:InvestmentShares div 1000,'#,##0','base')" /></span>
                </td>
                <td class='Label'><span style='font-size:8pt'>
                   <xsl:value-of select="ci:InvestmentDescription" /></span>
                </td>
                <td class='Label'><span style='font-size:8pt'>
                   <xsl:choose>
                      <xsl:when test="ci:InvestmentMoodysRating = 'Not rated'">-</xsl:when>
                      <xsl:otherwise><xsl:value-of select="ci:InvestmentMoodysRating" /></xsl:otherwise>
                   </xsl:choose>
                   </span>
                </td>
                <td class='Label'><span style='font-size:8pt'>
                   <xsl:choose>
                      <xsl:when test="ci:InvestmentSPRating = 'Not rated'">-</xsl:when>
                      <xsl:otherwise><xsl:value-of select="ci:InvestmentSPRating" /></xsl:otherwise>
                   </xsl:choose>
                   </span>
                </td>
                <td class='InvestmentValueAtCost'><span style='font-size:8pt'>
                   <xsl:value-of select="format-number(ci:InvestmentValueAtCost,'#,##0','base')" /></span>
                </td>
              </tr>
          </xsl:for-each>

            <tr>
               <td colspan='1' class='ColumnHeading-l'> </td>
               <td colspan='5' class='Heading'>Telecoms</td>
            </tr>
            <tr>
               <td colspan='2' class='ColumnHeading-l'> </td>
               <td colspan='4' class='Heading'><xsl:value-of select="/xbrli:xbrl/ci:Investment[54]/ci:InvestmentEntity" /></td>
            </tr>
         <xsl:for-each select="/xbrli:xbrl/ci:Investment[ci:InvestmentTerm='Short Term' and ci:InvestmentCountry='Singapore' and ci:InvestmentEntity='Cable and Wireless Optus Finance']">
              <tr class='Line'>
                <td class='Label'><span style='font-size:8pt'> </span></td>
                <td class='InvestmentValueAtCost'><span style='font-size:8pt'>
                   <xsl:value-of select="format-number(ci:InvestmentShares div 1000,'#,##0','base')" /></span>
                </td>
                <td class='Label'><span style='font-size:8pt'>
                   <xsl:value-of select="ci:InvestmentDescription" /></span>
                </td>
                <td class='Label'><span style='font-size:8pt'>
                   <xsl:choose>
                      <xsl:when test="ci:InvestmentMoodysRating = 'Not rated'">-</xsl:when>
                      <xsl:otherwise><xsl:value-of select="ci:InvestmentMoodysRating" /></xsl:otherwise>
                   </xsl:choose>
                   </span>
                </td>
                <td class='Label'><span style='font-size:8pt'>
                   <xsl:choose>
                      <xsl:when test="ci:InvestmentSPRating = 'Not rated'">-</xsl:when>
                      <xsl:otherwise><xsl:value-of select="ci:InvestmentSPRating" /></xsl:otherwise>
                   </xsl:choose>
                   </span>
                </td>
                <td class='InvestmentValueAtCost'><span style='font-size:8pt'>
                   <xsl:value-of select="format-number(ci:InvestmentValueAtCost,'#,##0','base')" /></span>
                </td>
              </tr>
          </xsl:for-each>


              <tr class='Line'>
                <td colspan='5' class='Label-r'><span style='font-size:8pt'>Total Singapore</span></td>
                <td colspan='1' class='ValueLineOverUnder'><span style='font-size:8pt'>
                   <xsl:value-of select="format-number(sum(/xbrli:xbrl/ci:Investment[ci:InvestmentTerm='Short Term' and ci:InvestmentCountry='Singapore']/ci:InvestmentValueAtCost),'#,##0','base')" /></span>
                </td>
              </tr>
              <tr class='Blank'>
                 <td colspan='6' class='Blank'>-</td>
              </tr>
              <tr class='Line'>
                <td colspan='5' class='Label-r'><span style='font-size:8pt'>Total Short-Term Investments</span></td>
                <td colspan='1' class='ValueLineOverUnder'><span style='font-size:8pt'>
                   <xsl:value-of select="format-number(sum(/xbrli:xbrl/ci:Investment[ci:InvestmentTerm='Short Term']/ci:InvestmentValueAtCost),'#,##0','base')" /></span>
                </td>
              </tr>

              <tr class='Blank'>
                 <td colspan='6' class='Blank'>-</td>
              </tr>
              <tr class='Line'>
                <td colspan='5' class='Label-r'><span style='font-size:8pt'>Total Investments</span></td>
                <td colspan='1' class='ValueLineUnderDouble'><span style='font-size:8pt'>
                   <xsl:value-of select="format-number(sum(/xbrli:xbrl/ci:Investment/ci:InvestmentValueAtCost),'#,##0','base')" /></span>
                </td>
              </tr>


           </table>
           <p style='height:5px'><span style='visibility:hidden'>-</span></p>
        </td>
     </tr>
     <tr>
        <td class='Footer'>The accompanying notes form an integral part of the consolidated financial statements.</td>
     </tr>
  </table>
  </center>
  </body>
</html>
</xsl:template>

</xsl:stylesheet>

