(PUB) Investing 2015

41

Current Portfolio Style

Costs

Operations

Current

Average Regional Exposure (% of Assets)

Total

Equity Price/ Market Style Cash Cap Box Flow ($Mil)

# of

Turn- Recent Composition

Sales

Total

UK/W. North Latin

Asia ex-

Hold-

over

(% of Assets)

Charge Expense NAV Assets

Europe Amer Amer Japan Japan Other ings % Cash Stock Bond Other % Ratio% ($)

($Mil)

Portfolio Manager (Tenure Years)

— 7.7 43,002 28 51 1 6 8 12.7 43,817 41 59 0 0 0 4.1 47,748 28 47 3 4 10 8.9 24,122 30 54 0 6 7 8.1 44,038 26 49 0 0 6 6.6 18,602 19 33 0 1 2 1 1 8.7 34,851 19 52 1 11 9 11.8 33,981 20 65 0 5 6 8.4 45,612 39 56 1 1 1 4.8 32,412 34 51 0 8 6 5.3 64,493 32 50 0 5 5 8.5 3,668 19 55 1 7 12 6.5 38,157 33 45 3 11 4 10.5 3,116 40 50 0 7 1 9.7 32,691 31 47 4 6 3 9.6 21,662 29 44 0 2 8 8 7.8 13,029 13 66 0 2 12 3.0 72,003 43 42 0 0 2 3.0 71,045 62 20 0 0 6 11.5 45,346 37 54 2 2 1 5.7 20,568 20 49 1 9 13 5.8 8,179 18 52 3 4 17 6.6 31,245 22 54 1 8 11 1

1 — 56 0 37 40 4 98 17 1 380 163 3 170 24 1 153 66 4 75 30 1 128 43 1 99 11 0 44 31 0 21 24 3 5853 38 0 89 11 0 95 16 0 79 19 0 103 61

2 96 0 15 85 0 2 96 0 2 98 0 8 85 2 3 97 0 0 97 0 1 99 0 0 99 0 4 96 0 3 97 0 2 97 0 2 98 0 9 91 0 5 93 1 13 87 0 11 88 0 0 97 0 4 94 0 2 97 0 0 99 0 0 99 0 0 100 0 0 100 0 0 99 0 4 95 0 0 99 0 3 94 -2 6 78 10 0 99 0 2 97 0 4 94 0 4 92 0 0 93 0 5 94 0 0 98 0 5 95 0 16 57 26 3 76 15 18 56 20 17 73 2 39 49 6 12 83 0 0 95 0

1 — 1.33

— 1,616 —

BBGNX 4 DODWX 4 FWWFX 7

0 NL 1.25 11.39 147 Regina Lombardi/Timothy Hartch

0.65

2 NL

12.09 6,552 Management Team

0 NL 0.96 23.81 1,672 DuFour/Kennedy (7.7/9.5) 4 5.75 1.29 33.68 27,470 Management Team

TEDIX TEQIX

11 57 19 14 5.75 1.11 16.15 6,018 Luh/Tumulty (4.5/11.6)

HLMGX 7 JAWWX 7 MWEFX 7 OAKGX 4 OAKWX 4 OWSMX 5 OPPAX 7

0 NL 1.15 32.45 895 Management Team

0.79

3 NL

66.68 2,887 Carmel Wellso (0.5)

0 5.75 1.23 36.47 2,179 Mannheim/Morley (23.2/5.7) 1 Clsd 1.11 29.53 3,481 McGregor/Taylor (11.7/9.7) 0 NL 1.13 16.61 2,141 Herro/Nygren (8.7/8.7) 0 NL 1.14 16.23 5,546 Management Team 2 5.75 1.13 83.73 10,707 Rajeev Bhaman (10.9) 0 5.75 1.18 42.31 3,378 Frank Jennings (19.7) 0 NL 1.01 14.08 287 Management Team 1 NL 1.08 57.75 1,897 Management Team 0 NL 1.38 21.65 603 Management Team 1 NL 1.37 10.68 572 Management Team 3 NL 1.19 28.09 1,210 Mannheim/Morley (13.0/5.7)

OPGIX

JGVAX 1 PTHDX 4

2 88 0 11 NL 1.24 9.59 134 Maisonneuve/Sundstrom (0.1/0.1)

TAVFX

0 44 31

TWEBX 1 TBHDX 1 USAWX 7 VHGEX 4 VMVFX 5 VTWSX 4 TEMIX 1 MAPIX 4 MACSX 1 MCHFX 4 MEASX 5 MINDX 7 MAPTX 7 PRASX 4 VEUSX 4 NEWFX 7 DFEVX 1 HLEMX 7 ODMAX 7 EAEMX 4 PRMSX 7 VEMAX 4 HEMZX 7 LZOEX 4

0 47 0 37 1 101

6 7 9

0.61

2 772 45

2 NL

24.98 4,671 Management Team

0.3

1 381 49

1 NL 0 NL

11.56 946 Management Team 25.04 7,258 Christine Franquin (2.3)

0.27

2 7139

7

6.1 15,364 84 1 0 0 0

0 78 54 0 74 20 0 62 17 0 56 10

4 5.75 1.34 21.51 3,341 Brugere- Trelat/Dudley (10.5/8.5)

7.4 9,947 8.3 14,229 4.9 14,964

1 4 0 30 60 3 2 0 6 74 0 0 0 0 92 0 0 0 0 100 0 4 0 0 91 3 2 0 0 94 5 0 0 0 90

5 Clsd 1.05 16.99 5,926 Management Team

1.08 1.13

0 86 0 14 NL

18.42 4,048 Horrocks/Lowe (6.2/3.5) 25.38 1,065 Management Team

1 NL

13.4

938

0 82

8

0 NL 1.48 11.57 177 Harvey/Ishida (2.2/2.2)

1.12 1.08 0.94 0.12

8.3 3,807 5.5 13,627 5.1 24,251

4 50 15 0 71 11 0 85 58

0 NL 1 Clsd 1 NL 1 NL

28.17 1,580 Asnani/Shroff (4.7/9.0) 28.73 9,385 Management Team

16.98 4,654 Ahn Lu (1.1)

6.7 43,979 99 1 0 0 0

0 533

7

67.47 20,619 Gerard O’Reilly (6.8)

— 3.7 18,880

3 1 12 0 60 16 — 70

5 — 1.55

— 1,377 —

1.03 0.55

5.5 21,526 22 11 4 4 32

6 535 32

6 5.75 1 NL

54.93 23,909 Management Team 26.14 17,452 Management Team

3.9 6,638 4.1 19,764 4.2 20,531

0 0 17 0 66 14 2170 7 0 13 0 55 22 80 28 1 0 15 0 54 22 87 12 6

1 NL 1.45 46.4 2,663 Management Team 2 Clsd 1.37 17.44 13,853 Management Team 4 Clsd 1.32 35.31 38,383 Justin Leverenz (8.2) 6 NL 1.36 13.8 4,297 Atwill/Seto (1.1/8.3) 1 NL 1.24 33.5 8,753 Gonzalo Pangaro (6.7)

10.6 21,180 11 0 16 0 52 13 118 26

4.6 7,412 7.6 24,015 4.4 19,639 4.5 29,537

3 1 15 0 42 32 1709 3 0 12 0 64 15 102 23 0 0 14 0 65 18 1012 9 9

0.15

2 NL

34.15 65,743 Michael Perre (6.8)

9 0 20 0 61

5 80 28

0 5.75 1.56 9.61 10,763 Rajiv Jain (9.1)

— 6.6 38,446 16 30 0 5 6 9.2 50,131 27 43 0 1 6 6.4 6,618 10 43 0 5 7 5.3 37,650 11 31 1 10 4 7.4 28,547 15 39 1 13 4 8.7 19,148 12 21 0 8 7 1 2

1 — 60 0 1424 55 3 48 53 1 907 75 1 183 15 1 106 22

1 — 1.29

— 3,083 —

CAIBX APPLX

5 5.75 0.59 58.64 97,630 Management Team

12 63 5 21 NL

1.3 12.59 250 Management Team

MDLOX 4 SGENX 4 IVWAX 4 PGMDX 4

6 5.25 1.13 20.34 53,990 Management Team

7 5.00 1.11 53.37 49,705 Brooker, Jr./McLennan (4.3/6.7) 6 Clsd 1.26 17.57 9,746 de Lardemelle/de Vaulx (6.7/6.7)

6.5 24,395

0 0 0 0 0

0 297 444

73 54 -47 20 NL 1.61 11.42 1,105 Mihir Worah (1.4)

Equity Style Box Val BlndGrth

Bold #  Cheapest Quintile

Lrg Mid Sm