(PUB) Investing 2016

39

Current Portfolio Style

Costs

Operations

Current

Average Regional Exposure (% of Assets)

Total

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

# of

Turn- over

Recent Composition

Sales

Total

UK/W. North Latin

Asia ex-

Hold-

(% of Assets)

Charge Expense NAV Assets

Europe Amer Amer Japan Japan Other ings

% Cash Stock Bond Other % Ratio% ($)

($Mil)

Portfolio Manager (Tenure Years)

— 0.9 6,094 52 8 1 18 16 4.6 34,073 59 6 0 15 9 9.4 22,884 69 4 1 15 8 7.4 36,691 39 5 2 16 29 6.3 27,908 44 10 3 9 24 9.3 28,427 59 7 0 14 9 1 7 10.8 43,887 53 19 0 13 11 11.4 2,370 82 3 0 7 7 7.9 26,204 53 15 3 5 11 4.2 42,607 64 1 0 16 14 11.0 4,732 46 8 1 23 19 4.9 1,539 51 9 0 24 12 4.3 36,542 42 11 7 14 13 6.7 27,978 50 17 1 16 11 7.1 16,929 55 7 0 17 12 12.7 35,687 48 20 1 14 10 5.2 30,957 60 1 0 23 12 7.7 14,379 60 10 0 20 6 6.3 13,835 27 6 3 22 11 12.3 21,088 39 23 0 12 9 6.2 45,911 64 15 2 8 3 4 10.8 39,726 49 7 2 17 15 8.8 7,548 17 3 0 14 17 8.1 26,536 53 6 2 21 12 3.8 27,963 66 16 1 8 6 2.8 9,828 31 0 1 0 37 1 4 4 11.5 36,188 51 21 8 4 13 7.2 13,678 62 10 0 11 6 2.7 23,809 68 2 2 13 10 3.5 2,354 55 7 2 9 24 10.8 15,690 72 10 1 6 6 7 1 5.0 2,050 38 2 3 22 24 5.8 21,886 55 1 1 19 15 6.4 31,818 41 9 2 15 25 5.5 32,748 58 3 1 22 13 6.3 32,282 60 12 1 2 9 6.1 17,378 60 5 1 20 11 5.1 20,600 50 9 0 21 14 4.9 25,899 41 7 3 17 22 4.7 1,408 31 13 2 14 26 7.3 1,664 52 1 0 24 15 5 8 5.9 31,949 41 9 2 12 22 4.0 30,653 47 4 2 21 14 4.9 19,204 40 7 3 17 24 17.2 60,781 54 19 0 6 18 1 4 7 — 6.9 49,197 26 55 1 6 8 7.7 52,125 28 43 1 4 14 11.8 57,891 26 49 1 6 7 7.2 2,969 19 44 2 6 17 13.4 36,062 24 61 0 6 8 16.1 29,637 25 48 2 8 10 4 4 7 8 1 8 5 7 7 7 4 7 7 8 1 7 4

1 — 12 1 180 33 0 106 62 2 357 30 2 166 37 0 83 34 0 73 45 0 46 43 0 50 23 0 60 28 1 126 50 6 92 18 3 223 31 3 224 60 2 97 26 1 4239 0 7 59 12 1 96 27 2 53 50 1 56 51 0 18 52 0 42 71 4 94 25 0 67 48 0 63 46 1 109 10 1 217 39 3 118 25 1 127 32 0 158 12 1 960 1 1 177 28 1 156 12 0 52 9 0 74 25

3 96 0 0 — 1.31

— 1,735 —

AAIPX TWIEX

5 95 0 1 97 0 2 93 2 4 93 2 11 89 0 1 98 0 2 98 0 12 88 0 4 94 0 0 99 0 1 98 0 0 100 0 2 97 0 2 96 0 2 95 0 1 98 0 2 96 0 21 70 2 15 83 0 3 94 0 3 97 0 36 52 4 0 96 0 1 99 0 27 68 0 2 98 0 5 94 0 2 95 0 3 96 0 2 96 0 9 90 0 5 95 0 6 94 0 3 97 0 10 83 7 1 99 0 2 95 0 2 94 0 9 89 0 3 93 0 2 94 0 5 92 0 2 97 0 0 100 0 1 92 3 2 92 2 3 90 2 1 99 0 6 94 0

1 NL 1.07 17.24 2,717 Management Team 2 NL 1.17 10.94 1,564 Gandhi/Gendelman (8.7/1.7)

AEPGX 7

0.83

4 5.75

46.68 126,974 Management Team

IGAAX AINTX ARTIX ARTJX

2 5.75 0.91 28.9 10,895 Management Team 0 NL 1.26 12.58 193 Rupal Bhansali (4.8) 1 Clsd 1.17 26.97 15,985 Management Team 0 Clsd 1.52 21.84 795 Hamker/Yockey (4.7/14.8) 0 Clsd 1.21 32.89 12,076 O’Keefe/Samra (10.0/14.1) 2 NL 1.15 13.73 6,295 Management Team

ARTKX 4

CIVVX ACINX

0.99

1 NL

39.54 5,512 Egan/Mendes (13.5/13.5)

0.54 0.64

DFISX

1 NL 0 Clsd 0 NL

17.78 10,696 Management Team 38.82 54,831 Management Team

DODFX 1

FDIVX FIGRX FIGFX

1.0 34.28 20,436 William Bower (15.6)

2 NL 0.99 37.91 9,839 William Kennedy (12.0) 3 NL 0.97 10.97 1,798 Jed Weiss (9.0)

0.19

FSIIX

1 NL

35.99 15,388 Management Team

FOSFX

2 NL 1.04 40.73 5,487 Vincent Montemaggiore (4.7) 8 Clsd 1.16 23.86 15,264 Brooker/McLennan (6.7/8.1) 2 NL 0.98 30.36 5,020 Management Team

SGOVX 4

FMIJX

HAINX 4 HLMNX 7

0.76

3 NL

60.3 38,690 Management Team

0 NL 1.16 18.3 6,816 Management Team

IVIOX

7 Clsd 1.25 16.16 3,987 de Lardemelle/de Vaulx (8.1/8.1) 4 Clsd 1.3 19.33 4,297 Lees/Richyal (7.2/7.2) 0 NL 0.99 15.28 832 Management Team 5 NL 1.28 13.8 1,071 Management Team 0 NL 1.09 6.92 915 Management Team 1 NL 1.25 20.2 1,527 Benjamin Segal (11.3) 3 NL 0.95 22.12 23,827 David Herro (24.1) 1 NL 1.35 14.49 2,373 Herro/Manelli (21.0/5.4) 3 5.75 1.14 35.59 23,611 Dunphy/Evans (4.6/20.6)

JOHAX 7

MSILX LLINX

EXWAX 7

NIQVX OAKIX

OAKEX 5

OIGAX

PRIDX TRIGX PRITX

1 NL 0 NL 1 NL

1.2 55.73 4,934 Justin Thomson (17.8)

0.84 0.83

13.16 12,065 Jonathan Matthews (6.3) 15.9 15,277 Richard Clattenburg (1.6)

TROSX 4 TBGVX 1

0 NL 0.84 9.14 12,205 Raymond Mills (9.8) 0 NL 1.38 25.18 9,039 Management Team

0 198

1

USIFX

2 593 62

1 NL 1.13 27.11 3,509 Management Team

VTMGX 4 VFWAX 4

0.09 0.13 0.31 0.42 0.47 0.46 0.12

1 3837 4 2565 2 3529

3 3 9

3 NL 4 NL 2 NL 4 NL 4 NL 3 NL 1 NL

11.73 64,771 Franquin/Louie (3.7/0.5) 27.72 25,186 Franquin/Hales (0.7/0.7) 36.74 3,407 Miller/Perre (1.2/0.7) 16.82 2,935 Dobbs/Thomas (16.8/6.3) 22.3 23,002 Management Team 32.3 8,006 Management Team 24.89 224,515 Louie/Perre (0.7/8.2)

VFSVX VINEX

0 319 42

VWIGX 7

1 171 29 4 164 36

VTRIX VTIAX JVIAX

4 6100

6

3 46 32

0 5.75 1.41 28.23 1,444 Management Team

1 — 54 1 418 35 2 319 27 1 604 33 0 64 78 0 55 55

3 97 0 1 — 1.29

— 1,583 —

CWGIX 4 ANWPX 7 SMCWX 8 ARTHX 7 ARTRX 7

0.77 0.75

4 5.75 4 5.75

44.59 83,658 Management Team 36.6 61,061 Management Team

5 5.75 1.07 45.54 29,866 Management Team 0 NL 1.37 15.98 258 Management Team 0 NL 1.19 21.06 1,837 Management Team

Bold #  Cheapest Quintile

Equity Style Box Val BlndGrth

Lrg Mid Sm