ANCHOR QUESTION OFF-CAMERA (ENGLISH) SAYING:

Let's get right to your funds. You manage two funds - a Total Return Fund and Short-Term Bond Fund - almost 50% invested in financials.

JOHN LEKAS, SENIOR PORTFOLIO MANAGER, LEADER CAPITAL (ENGLISH) SAYING:

Correct.

ANCHOR QUESTION OFF-CAMERA (ENGLISH) SAYING:

What is it that you're seeing in financials that provide such an opportunity?

JOHN LEKAS, SENIOR PORTFOLIO MANAGER, LEADER CAPITAL (ENGLISH) SAYING:

Well, the not-so-great-for-equity-holders but good for us, the inundation of regulation that we've seen in the last couple of years - Dodd-Frank and among many - has forced banks to keep more money on their balance sheets which makes our investments safer because we're fixed income.

ANCHOR QUESTION OFF-CAMERA (ENGLISH) SAYING:

So you like multinational firms - ING, Deutsche Bank. You don't seem to have a lot of US money center banks, something you avoid? Is that just coincidence or?

JOHN LEKAS, SENIOR PORTFOLIO MANAGER, LEADER CAPITAL (ENGLISH) SAYING:

Well, you know, we own- we probably have about 20 million in JPMorgan. Let's see Citibank, maybe about 15 million-

ANCHOR QUESTION OFF-CAMERA (ENGLISH) SAYING:

So you're an equal opportunity, you have-

JOHN LEKAS, SENIOR PORTFOLIO MANAGER, LEADER CAPITAL (ENGLISH) SAYING:

Yes. I mean we are opportunistic. You hit the nail on the head, and so we go where the- where the best risk/reward is.

ANCHOR QUESTION OFF-CAMERA (ENGLISH) SAYING:

That brings me to the next holding of yours, which is so fascinating, and that is debt of Russian companies - Gazprom is one. Alright, Russia has been in the headlines every single day. One might think it's not a great place to be putting your money. What are you seeing that others are afraid to?

JOHN LEKAS, SENIOR PORTFOLIO MANAGER, LEADER CAPITAL (ENGLISH) SAYING:

Terrific value. The MICEX Index on a go-forward basis, the P/E is less than 5 versus the S&P 500 at 19. You can compare it- it's probably more comparable to like an Exxon trading in the P/E of 9 or 10. You're buying this at half price. You have to appreciate that Russia really is oil and gas. So, you know what, it's an easy concept and you have monopolies that are protected by Putin. So you're going to get paid and they're on sale right now.

ANCHOR QUESTION OFF-CAMERA (ENGLISH) SAYING:

Why are you confident that things won't take a turn for the worst there and capitalism will take a backseat?

JOHN LEKAS, SENIOR PORTFOLIO MANAGER, LEADER CAPITAL (ENGLISH) SAYING:

Because that's not why Putin did what he did. Putin went into Crimea to protect his deep sea port. That was all about the money. Putin, remember, stepped up with 16 billion when the Euro- European Union, the ECB only stepped up with less than $1 billion to help the Ukraine out. And then once, you know, Putin stepped up, everybody got all upset about it - Obama and everybody got all- Bent out of shape? Bent out of shape. But the truth is Putin did that because he is interested in expanding his capitalistic posture. He also sells Europe 40% of their oil and gas. They are highly-dependent on Russia.