(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 6,138 55 6 1 17 14 5.8 33,290 61 4 0 14 9 7.2 34,638 44 2 1 14 26 5.9 25,311 48 6 2 12 22 8.5 34,138 47 5 0 12 9 10.7 39,775 55 12 2 9 13 1 13.2 2,331 67 2 0 7 12 7.7 24,906 53 15 2 5 11 5.4 39,763 70 2 0 16 11 8.4 3,549 43 6 1 22 25 5.4 1,515 56 6 0 24 11 1 8 5 5.2 37,953 42 10 5 13 11 10.0 28,788 53 13 0 14 11 9.2 17,057 59 6 0 15 11 10.7 15,351 64 7 0 18 6 5.5 31,659 62 1 0 22 11 7 7 7 4 7.0 12,917 30 6 3 22 12 11.3 19,038 39 18 0 12 9 6.4 46,422 73 8 1 9 3 11.8 38,308 51 7 1 15 17 7.4 5,311 19 3 0 12 16 4 1 5.9 23,659 48 11 0 20 13 6.1 29,505 66 7 1 9 8 2.3 9,048 44 0 4 4 47 3.6 31,563 70 0 3 13 7 10.4 29,600 52 19 9 4 14 4 4 4 10.8 14,175 61 7 0 12 7 4.0 27,648 64 2 1 19 11 8.6 2,097 58 3 2 10 22 11.4 16,067 76 7 1 6 6 10.5 1,883 41 1 3 21 25 6.5 19,695 55 2 1 16 15 8.0 28,344 46 7 2 14 24 6.0 32,780 60 2 0 19 14 6.1 39,369 65 6 0 14 8 5.5 28,509 60 8 1 1 8 7.3 19,367 62 5 0 20 9 5.4 26,809 58 2 0 23 14 5.2 25,467 46 6 2 18 21 5.1 1,395 41 11 1 16 27 8.0 1,623 55 0 0 22 15 5 8 5.2 28,788 50 7 2 11 18 4.2 28,182 49 3 1 22 12 5.2 18,666 45 6 2 18 22 17.7 49,629 60 18 0 2 18 4 4 7 — 8.9 43,747 28 52 1 6 8 8.4 46,269 30 44 1 3 15 10.1 56,780 29 46 1 7 7 9.0 2,809 18 45 2 6 17 18.8 28,140 16 57 2 8 8 4 1 7 8 7 1 7 8 1 7 4

1 — 11 1 190 33 2 442 28 2 181 25 0 88 34 0 74 45 0 46 44 0 49 24 0 59 28 1 198 28 7 90 12 3 237 31 3 220 60 2 174 28 1 4113 0 0 78 25 4 57 12 1 106 28 0 34 51 0 58 70 0 24 54 3 40 78 0 52 43 5 94 25 0 73 48 1 65 46 1 106 10 1 217 40 3 123 25 2 128 32 0 161 13 0 52 71 1 971 1 1 161 13 0 43 9

4 95 0 0 — 1.32

— 1,637 —

AAIPX

4 92 0 7 89 1 2 92 1 22 78 0 5 94 0 10 90 0 14 86 0 1 99 0 0 100 0 0 98 0 0 96 0 4 96 0 5 95 0 4 96 0 2 98 0 16 74 1 19 77 0 4 94 0 4 96 0 36 52 6 6 91 0 7 90 0 -7 102 0 3 97 0 2 98 0 4 91 0 3 97 0 4 96 0 2 97 0 8 91 0 7 93 0 5 95 0 5 95 0 0 93 0 22 78 0 1 97 0 1 98 0 1 97 0 1 98 0 5 92 0 2 95 0 6 92 0 1 99 0 0 100 0 2 94 1 5 91 0 3 89 1 9 91 0

4 NL 1.06 16.42 1,926 Management Team

AEPGX 7

0.83

3 5.75

42.61 115,951 Management Team

IGAAX AINTX ARTIX

5 5.75 0.91 27.04 9,631 Management Team

1 NL 1.26 12.14

58 Rupal Bhansali (4.1)

1 Clsd 1.17 26.84 18,186 Management Team

ARTJX

0 Clsd 1.5 22.45 1,001 Hamker/Yockey (4.0/14.1) 0 Clsd 1.2 30.11 10,651 O’Keefe/Samra (9.2/13.3) 0 NL 1.15 13.05 5,360 Management Team

ARTKX 1

CIVVX ACINX DFISX

0.93 0.53

0 NL 2 NL 4 Clsd 0 NL

37.07 6,263 Egan/Mendes (12.7/12.7) 16.09 8,692 Management Team

DODFX 1

0.64

33.05 57,029 Management Team

FDIVX FIGRX FOSFX

1.0 32.85 20,685 William Bower (14.8)

0 NL 0.99 36.71 10,022 William Kennedy (11.2) 0 NL 1.04 38.25 4,761 Vincent Montemaggiore (4.0)

0.2

FSIIX

0 NL

33.84 14,294 Management Team

SGOVX 4

9 Clsd 1.16 21.15 12,836 Brooker, Jr./McLennan (5.9/7.3)

FMIJX

5 NL 0.98 27.87 2,886 Management Team

HAINX 4 HLMNX 7

0.75

2 NL

56.15 38,824 Management Team

0 NL 1.16 16.24 5,290 Management Team

IVIOX

5 Clsd 1.25 15.16 3,717 de Lardemelle/de Vaulx (7.3/7.3)

JOHAX 7

2 Clsd 1.3 17.4 2,952 Lees/Richyal (6.5/6.5) 2 NL 0.99 14.93 1,163 Management Team 5 NL 1.25 11.0 976 Management Team 0 NL 0.95 28.98 1,730 Management Team 5 NL 1.25 18.95 1,311 Benjamin Segal (10.6) 0 Clsd 0.95 19.44 24,471 Herro/Taylor (23.3/7.1) 0 Clsd 1.35 12.91 2,506 Herro/Manelli (20.2/4.7) 1 5.75 1.14 34.3 20,806 Dunphy/Evans (3.8/19.8) 1 NL 1.21 50.61 4,333 Justin Thomson (17.1) 0 NL 1.08 6.5 1,425 Management Team

MSILX LLINX ICEUX

EXWAX 4

NIQVX OAKIX

OAKEX 5

OIGAX PRIDX TRIGX PRITX

0.85 0.83

0 NL 0 NL

12.35 11,458 Jonathan Matthews (5.6) 14.35 13,875 Richard Clattenburg (0.8)

TROSX 4 TGVAX 4 TBGVX 1

0 NL 0.84 8.48 11,024 Raymond Mills (9.1) 7 4.50 1.26 22.4 8,634 Management Team 0 NL 1.37 23.39 8,371 Management Team

0 114

8

USIFX

1 524 17

2 NL 1.12 25.06 3,068 Management Team

VTMGX 4 VFWAX 4

0.09 0.14 0.37

1 3703 3 2495 2 3429

4 3 9

1 NL 2 NL 1 NL 3 NL 2 NL 3 NL 0 NL

11.14 52,133 Christine Franquin (2.9) 25.51 24,505 Ryan Ludt (7.4) 33.15 3,303 Jeffrey Miller (0.4) 15.82 2,971 Dobbs/Thomas (16.1/5.6) 19.48 21,765 Management Team 29.4 7,636 Management Team 22.87 186,644 Michael Perre (7.4)

VFSVX VINEX

0.4

0 337 42

VWIGX 7

0.47 0.44 0.14

2 177 29 5 167 36 3 5953 25 2 48 32 1 — 54 0 401 36 2 325 27 2 657 33 0 54 56

VTRIX VTIAX JVIAX

0 5.75 1.41 27.5 1,762 Rajiv Jain (13.9)

3 96 1 1 — 1.32

— 1,478 —

CWGIX 4 ANWPX 7 SMCWX 8 ARTRX 7

0.77 0.75

3 5.75 5 5.75

41.2 77,661 Management Team 33.69 55,479 Management Team

7 5.75 1.07 39.61 24,837 Management Team

1 NL

1.2 18.19 1,533 Management Team

Bold #  Cheapest Quintile

Equity Style Box Val BlndGrth

Lrg Mid Sm