(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)

— 8.6 42,225 28 51 1 6 8 8.4 49,061 31 53 0 0 6 6.7 50,268 26 50 3 4 9 11.4 24,490 30 54 0 7 6 7.8 43,577 31 50 0 0 5 6.0 19,297 21 34 0 1 5 1 1 13.0 34,255 20 52 1 9 9 10.4 34,232 20 65 0 5 7 12.0 44,797 38 56 1 1 1 6.1 33,220 33 51 0 7 6 9.6 67,436 32 51 0 4 4 8.5 3,668 19 55 1 7 12 5.8 38,175 35 45 3 12 5 15.5 3,070 42 48 0 7 1 9.5 35,272 26 47 4 6 3 7.8 13,029 13 66 0 2 12 8 1 6.0 71,158 44 43 0 0 3 6.6 72,735 64 21 0 0 7 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

1 — 55 0 53 25 5 97 17 1 366 163 3 169 24 1 154 66 6 71 30 0 127 43 1 99 11 0 42 31 0 21 24 3 5853 38 0 89 11 0 96 16 0 78 19 0 44 31

2 96 0 10 90 0 2 97 0 2 97 0 8 88 2 9 62 24 3 97 0 0 98 0 1 99 0 2 97 0 5 95 0 3 97 0 1 99 0 3 97 0 14 85 0 5 93 1 9 91 0 9 91 0 0 97 0 4 94 0 2 97 0 0 99 0 0 100 0 0 100 0 0 99 0 3 95 0 1 99 0 4 97 -1 5 81 9 0 97 0 3 97 0 3 95 0 4 95 0 1 94 0 2 97 0 1 98 0 4 96 0 16 56 26 4 77 16 18 56 20 17 73 2 39 49 6 0 99 0 12 87 0 0 95 0

1 — 1.33

— 1,614 —

ARTGX 4 DODWX 4 FWWFX 7

0 Clsd 1.32 15.88 1,760 O’Keefe/Samra (7.6/7.6)

0.65

1 NL

11.98 6,458 Management Team

1 NL 0.96 24.38 1,672 DuFour/Kennedy (7.8/9.6) 2 5.75 1.29 34.17 26,790 Management Team 6 5.75 1.11 16.16 5,820 Luh/Tumulty (4.6/11.7)

TEDIX TEQIX

HLMGX 7 JAWWX 7 MWEFX 7 OAKGX 4 OAKWX 4 OWSMX 5 OPPAX 7 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 4 ODMAX 7 EAEMX 1 PRMSX 7 VEMAX 4 HEMZX 7 LZOEX 1 OPGIX JGVAX 1 TAVFX

0 NL 1.15 33.07 906 Management Team

0.79

2 NL

67.41 2,784 Carmel Wellso (0.6)

0 5.75 1.23 37.33 2,235 Mannheim/Morley (23.3/5.8) 1 Clsd 1.11 29.69 3,480 McGregor/Taylor (11.7/9.8) 0 NL 1.13 17.06 2,227 Herro/Nygren (8.8/8.8) 0 NL 1.14 16.28 5,546 Management Team 0 5.75 1.13 85.28 10,946 Rajeev Bhaman (11.0) 0 5.75 1.18 43.14 3,426 Frank Jennings (19.8) 0 NL 1.01 14.28 277 Chessen/Kolb (1.6/9.8) 1 NL 1.08 56.01 1,811 Management Team 0 NL 1.37 21.93 584 Management Team 0 NL 1.36 10.87 521 Management Team 3 NL 1.19 28.74 1,238 Mannheim/Morley (13.1/5.8)

0 50 0 36 1 101

6 7 9

0.61

2 772 45 1 381 49

2 NL 1 NL

25.06 4,566 Management Team 11.9 987 Management Team

0.3

0.27

7.4 30,351 22 54 1 8 10

2 7238

7

0 NL

25.15 7,190 Christine Franquin (2.4)

6.3 17,861 84 3 0 0 0

0 80 54 0 74 20 0 62 17 0 56 10

2 5.75 1.34 22.21 3,310 Brugere- Trelat/Dudley (10.6/8.6)

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 3 0 0 0 92

5 Clsd 1.05 16.67 5,782 Management Team

1.08 1.13

0 86 0 14 NL

18.29 3,968 Horrocks/Lowe (6.2/3.6) 22.86 868 Management Team

1 NL

13.4

938

0 82

8

0 NL 1.48 11.77 183 Harvey/Ishida (2.2/2.2)

1.12 1.08 0.94 0.12

8.3 3,807 5.5 13,627 11.8 23,699

4 50 15 0 71 11 0 93 58

0 NL 1 Clsd 2 NL 0 NL

28.36 1,612 Asnani/Shroff (4.7/9.1) 27.24 8,684 Management Team

16.19 4,487 Ahn Lu (1.2)

6.9 42,260 98 1 0 0 0

0 524

7

69.2 20,418 Gerard O’Reilly (6.9)

— 5.9 18,599

3 1 13 0 61 16 — 72

1 — 1.55

— 1,325 —

1.03 0.55

10.2 21,358 22 11 6 4 32

6 499 32

5 5.75 3 NL

54.1 23,608 Management Team 24.04 15,961 Management Team

3.4 6,872 6.6 20,046 4.2 21,833

0 0 17 0 65 14 2178 6 0 15 0 54 20 79 28 0 0 16 0 56 22 86 12 6

0 NL 1.45 44.45 2,602 Management Team 2 Clsd 1.37 16.51 12,952 Management Team 2 Clsd 1.32 33.64 36,265 Justin Leverenz (8.2) 5 NL 1.36 13.12 3,976 Atwill/Seto (1.2/8.4) 1 NL 1.24 31.63 8,741 Gonzalo Pangaro (6.8)

10.9 20,351 10 1 18 0 53 13 117 26

4.4 7,166 8.1 24,399 4.9 19,426

3 1 17 0 42 31 1701 4 0 14 0 64 16 103 23 0 0 15 0 64 18 1013 9 9

0.15

1 NL

31.84 65,438 Michael Perre (6.9)

15.6 30,750 11 0 18 0 62

6 78 28

0 5.75 1.56 9.49 10,613 Rajiv Jain (9.2)

— 7.0 38,127 16 30 0 5 7 7.8 50,253 27 43 0 1 5 7.9 6,347 10 42 0 5 9 5.3 37,650 11 31 1 10 4 7.4 28,263 14 40 1 13 4 8.7 19,148 12 21 0 8 7 1 2

1 — 62 0 1400 55 3 51 53 1 907 75 1 180 15 1 106 22

3 — 1.29

— 3,063 —

CAIBX APPLX

3 5.75 0.59 59.51 99,189 Management Team

9 64 5 22 NL

1.3 12.01 228 Management Team

MDLOX 4 SGENX 4 IVWAX 4 PGMDX 4

6 5.25 1.13 20.23 53,790 Management Team

8 5.00 1.11 52.79 49,000 Brooker, Jr./McLennan (4.4/6.8) 6 Clsd 1.26 17.64 9,733 de Lardemelle/de Vaulx (6.8/6.8)

6.5 24,395

0 0 0 0 0

0 297 444

73 54 -47 20 NL 1.61 11.53 1,099 Mihir Worah (1.5)

Equity Style Box Val BlndGrth

Bold #  Cheapest Quintile

Lrg Mid Sm