(PUB) Investing 2016

39

Current Portfolio Style

Costs

Operations

Current

Average Regional Exposure (% of Assets)

Total

Equity Price/ Market

# of

Turn- over

Recent Composition

Sales

Total

Style Cash

Cap

UK/W. North Latin

Asia ex-

Hold-

(% of Assets)

Charge Expense NAV

Assets

Box

Flow

($Mil)

Europe Amer Amer Japan Japan

Other ings

%

Cash Stock Bond Other

%

Ratio% ($)

($Mil) Portfolio Manager (Tenure Years)

— 1 7 4 4 7

0.9 4.6 9.4 7.2 5.7 8.5

6,345 33,802 22,884 34,077 27,275 28,509

52 55 69 40 43 59 54 79 53 67 45 51 40 51 58 50 61 63 27 41 70 51 17 52 74 37 49 63 64 55 72 38 55 45 58 59 61 50 42 32 52 41 47 41 56 27 29 28 18 23

7 7 4 5 9 9

1 0 1 2 3 0 0 0 3 0 1 0 7 1 0 1 0 0 3 0 2 2 0 2 1 0 8 0 2 2 1 3 1 2 1 1 1 0 3 2 0 2 2 3 0 1 1 1 3 0

18 14 15 14

16

1 — 0 181 0 106 2 405 3 172

12 33 62 30 37 34 45 43 23 28 50 18 31 60 26 0 12 27 50 51 52 71 25 48 46 10 39 25 32 12 1 28 12 9 25

2 8 1 5

96 89 97 90 88 88 95 94 89 96 99 97 96 98 99 98 99 99 71 87 94 98 52 91 95 93 95 94 96 90 94 95 94 81 98 95 95 90 93 94 92 97 97 93 91 87 78

1 0 0 0 2 0 0 0 0 0 0 0 0 0 0 0 0 0 2 0 0 0 4 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0

0 3 2 4 0 0 0 0 0 0 1 1 3 0 0 0 0 0 8 2 4 0 7 0 0 5 0 1 3 2 2 2 0 0 0 0 2 3 3 3 4 4 3 1 0 0 5 4 9 0

— 1.31

— 1,724 —

AAIPX TWIEX

8 8

NL NL

1.07 17.61 1.17 11.33

2,717 Management Team

1,564 Gandhi/Gendelman (8.6/1.6)

AEPGX 7

0.83 47.69 127,270 Management Team 0.91 29.37 10,875 Management Team

27 22

5.75 5.75

IGAAX AINTX ARTIX ARTJX

8

10 12

11

9

0

80

NL

1.26 13.21

193 Rupal Bhansali (4.7)

9.5

41,575

18

14

6 5

0 0 0 0

71 45 51 56

5 6

Clsd Clsd Clsd

1.17 28.3 15,990 Management Team

8 10.6

2,180

3

7 5

1.52 23.17

811 Hamker/Yockey (4.7/14.7)

ARTKX 4

7.4 4.0

24,730 41,539

15

12 15 21 12 13 11 13 10

11

1.21 33.55 11,944 O’Keefe/Samra (9.9/14.0)

1

CIVVX ACINX

0 9

14 22 23 13 15 16 14 23 19 22 13 17 14 18 11 8

4 0 1 1 2 1 2 1 1

NL NL

1.15 13.96 0.99 41.53

6,295 Management Team

8 10.6

4,678

2 131

5,512 Egan/Mendes (13.4/13.4)

5

0.54 18.26 10,696 Management Team 0.64 38.21 55,456 Management Team 1.0 35.43 20,436 William Bower (15.5)

DFISX

4.8 4.4 6.6 7.1

1,521

9

1 4219 7 121 3 221 3 212

NL

DODFX 1

36,818 28,466 18,171 37,680 31,367 14,921 14,053 20,160 43,787 26,070 26,892 10,264 36,866 13,309 23,739 19,366 29,270 31,438 31,848 17,423 20,864 26,122 40,406 7,548 2,075 16,480 1,902

10 17

Clsd

7 7

FDIVX FIGRX FIGFX

NL NL NL NL NL

7

0.99 39.32 0.97 11.48

9,839 William Kennedy (11.9)

7 12.8

22

2

95

1,798 Jed Weiss (8.9)

4 7

0.19 36.82 15,388 Management Team

FSIIX

5.2 7.8 6.3

1

12

1 960 1 175 1 162

FOSFX

11

6

1.04 42.14

5,487 Vincent Montemaggiore (4.7)

SGOVX 7

6

12 11

19 11

Clsd

1.16 24.01 15,264 Brooker/McLennan (6.6/8.0)

4 11.8

FMIJX

22 11

0 0 5 1 2 0 0 0 3 0 0

47 81 58 96 50 56 20 42 95 68 67

NL NL

0.98 30.67

5,020 Management Team

HAINX 4

0.76 62.25 38,690 Management Team

5.9

3

2

HLMNX 7 10.4

7 3 4 7 0

15 17 12

2

NL

1.16 18.8 1.25 16.28 1.3 19.96 0.99 15.58 1.28 13.9 1.09 7.24 1.25 20.81

6,816 Management Team

1

IVIOX

8.8 8.2 3.8 3.1

36

Clsd Clsd

3,987 de Lardemelle/de Vaulx (8.0/8.0)

JOHAX 7

9 0

4,297 Lees/Richyal (7.2/7.2) 832 Management Team 1,071 Management Team 915 Management Team 1,527 Benjamin Segal (11.2)

4 4

MSILX LLINX

7

100

NL NL NL NL NL NL NL NL NL NL NL NL NL NL NL NL NL NL NL

5

37

17

EXWAX 7 11.4

22

4

13

5 6 2 4 2 9 6 4 6 1 2 2 7 3 2 5 2 0 2 1 5 4 0

7 1

NIQVX OAKIX

7.1 2.3 7.1

9 2 7

11 16

6

11 22

0.95 21.66 23,827 Herro/Taylor (24.0/7.7)

OAKEX 5

8 6

1.35 14.84

2,373 Herro/Manelli (20.9/5.3)

7 10.8

OIGAX

10

6

1 109

5.75

1.14 37.27 23,611 Dunphy/Evans (4.5/20.5)

8 1 7

PRIDX TRIGX PRITX

4.6 5.2 6.3 5.3 6.1 5.8 5.1 4.9 4.9 7.3 5.9 4.0 4.9

2 3 6 2

22 19 15 20 20 21 17 14 24 12 21 17 1

24 14 25 13

1 219 2 128 2 130 0 161 0 198 1 598 0 3765 3 2546 2 3434 0 319 1 171 4 164 3 6005 1 — 1 408 2 337 2 628 2 45

1.2 57.09

4,682 Justin Thomson (17.7)

0.84 13.53 12,032 Jonathan Matthews (6.2) 0.83 16.3 15,178 Richard Clattenburg (1.5) 0.84 9.32 12,141 Raymond Mills (9.7)

TROSX 1 TBGVX 4

11

9

1

19

1.38 25.37

9,039 Management Team

4

USIFX

6 9 7

9

62

1.13 27.47

3,509 Management Team

VTMGX 4 VFWAX 4

0.09 12.01 55,012 Franquin/Louie (3.6/0.4) 0.13 28.18 25,564 Franquin/Hales (0.6/0.6)

14 22 26 15 22 14 23 17

3 3 9

5 8

0.31 37.85 0.42 17.37

VFSVX VINEX

1,430 1,664

14

3,381 Miller/Perre (1.1/0.6) 2,885 Dobbs/Thomas (16.7/6.2)

1

42

VWIGX 7

0.47 23.01 22,404 Management Team

31,949 30,652 19,373 53,632

9 4 8

29 36

1 4

0.46 32.84

VTRIX VTIAX JVIAX

7,928 Management Team

0.12 25.33 218,373 Louie/Perre (0.6/8.2)

3

7 13.4

19

5

32

100

5.75

1.41 29.61

1,444 Management Team

—

6.7 44,133

54 46 48 43 66

6 3 5 6 5

8

55 35 27 33 78

—

1.3

— 1,577 —

CWGIX 4

0.77 45.48 83,694 Management Team 0.75 37.41 61,230 Management Team 1.07 47.24 29,885 Management Team

8.3

49,236 55,163

13

5.75 5.75 5.75

ANWPX 7 11.2

7

SMCWX 8

7.4

2,761

16

ARTHX 7 12.8

29,834

6

0

59

100

NL

1.37 16.54

258 Management Team

Bold # ! Cheapest Quintile

Equity Style Box Val BlndGrth

Lrg Mid Sm