(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)

— 7.3 44,285 28 52 1 6 8 15.1 28,014 17 59 3 2 11 7.6 52,302 29 56 0 0 5 6.8 49,328 24 47 2 2 8 10.6 26,045 30 52 0 6 7 5.7 44,094 27 49 0 0 6 5.5 19,109 22 34 0 1 2 9.7 34,650 19 52 1 9 6 8.2 30,273 19 68 0 5 6 11.6 45,682 39 54 2 2 1 5.5 32,367 32 53 0 6 5 3.8 61,845 34 51 0 5 4 8.9 4,071 16 61 1 6 10 6.3 38,423 37 44 4 11 4 11.8 3,510 37 49 0 9 3 8.4 32,724 29 46 4 5 1 8 9.3 21,976 26 41 0 3 8 6.5 12,221 13 64 0 5 13 7.1 69,369 43 43 0 0 2 7.3 68,478 65 20 0 0 6 11.5 45,507 37 55 2 1 1 1 6.0 21,140 21 50 2 8 13 9.6 8,822 19 54 3 3 18 7.0 31,299 22 54 1 8 10 1 1

1 — 58 1 52 45 0 49 25 4 102 17 1 368 163 3 172 24 1 153 66 3 73 30 1 133 43 1 97 11 0 43 31 0 21 24 3 5714 38 0 88 11 1 91 16 0 80 19 0 103 61 0 43 31

2 96 0 6 93 0 10 90 0 3 88 0 1 97 0 8 84 3 3 91 0 0 99 0 1 99 0 2 98 0 6 94 0 3 97 0 0 100 0 6 86 0 4 95 0 12 88 0 8 91 0 1 97 0 4 96 0 1 98 0 1 98 0 0 100 0 0 100 0 0 99 0 2 98 0 0 99 0 4 93 2 12 77 10 2 91 0 1 94 0 3 95 0 6 91 0 1 94 0 3 96 0 0 98 0 4 95 0 15 85 0 2 94 0 0 96 0

1 — 1.33

— 1,615 —

ARTRX 7 ARTGX 4 DODWX 4 FWWFX 7

2 NL

1.2 19.21 1,173 Management Team

0 Clsd 1.32 15.59 1,895 O’Keefe/Samra (7.2/7.2)

0.65

9 NL

12.0 6,260 Management Team

1 NL 0.96 23.46 1,640 DuFour/Kennedy (7.5/9.2) 5 5.75 1.28 33.84 26,727 Management Team

TEDIX

TEQIX

6 61 19 14 5.75 1.14 16.38 6,020 Luh/Tumulty (4.2/11.3)

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

6 NL 1.15 32.24 856 Management Team

0.79

1 NL

67.18 2,825 Management Team

0 5.75 1.23 36.55 2,165 Mannheim/Morley (23.0/5.5) 0 Clsd 1.11 29.79 3,559 McGregor/Taylor (11.4/9.5) 0 NL 1.13 16.41 2,037 Herro/Nygren (8.5/8.5) 0 NL 1.14 16.88 5,671 Management Team 0 5.75 1.13 81.59 10,435 Rajeev Bhaman (10.7)

OPGIX

3 98 0 -1 5.75 1.18 40.29 3,311 Frank Jennings (19.5)

JGVAX 1 PTHDX 4

0 NL 1.01 14.04 285 Management Team

7 NL 1.24 9.46 946 Anne Gudefin (4.9) 1 NL 1.08 57.01 1,975 Management Team 0 NL 1.38 22.14 628 Management Team 1 NL 1.37 10.84 604 Management Team 2 NL 1.19 28.16 1,204 Mannheim/Morley (12.7/5.5)

TAVFX

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

0 49

7

0 40 10

1 101

9

0.61

2 761 45 1 342 49

1 NL 1 NL 1 NL

25.01 4,654 Management Team 11.61 703 Management Team 25.04 6,525 Christine Franquin (2.1)

0.3

0.27

2 6955

7

5.2 15,030 94 0 0 0 0

0 78 54 0 67 20 0 60 17 0 55 10 1 46 15 0 68 11 0 89 58

4 5.75 1.37 22.01 2,784 Brugere- Trelat/Dudley (10.2/8.2)

1.06 1.08 1.09 1.13 1.09 0.94 0.12

7.8 8,773 7.9 12,342 5.7 12,892 29.8 3,498 7.4 12,127 7.1 22,238

1 2 0 26 67 3 2 0 4 77 0 0 0 0 95 0 4 0 0 96 2 2 0 0 95 5 0 0 0 94

4 Clsd

16.56 5,531 Management Team 18.37 4,132 Horrocks/Lowe (5.9/3.2) 22.94 995 Management Team 29.2 1,666 Asnani/Shroff (4.4/8.7)

0 86 0 14 NL

0 NL 0 NL 1 Clsd 0 NL 1 NL

28.57 9,102 Management Team

17.14 4,405 Ahn Lu (0.8)

7.7 44,270 99 0 0 0 0

0 527

7

67.82 18,867 Gerard O’Reilly (6.6)

— 4.5 18,580

3 1 14 0 57 16 — 67

1 — 1.55

— 1,365 —

1.03 0.55

7.4 19,514 21 10 4 4 31

7 552 32

1 5.75 7 NL

55.03 23,701 Management Team 25.7 17,601 Management Team

2.8 6,632 5.0 17,600 6.4 20,378

0 0 14 0 62 14 2178 7 0 14 0 48 20 82 28 1 1 17 0 54 21 87 12 6

5 NL 1.45 46.27 2,481 Management Team 2 Clsd 1.37 17.3 13,579 Management Team 3 Clsd 1.32 35.04 38,560 Justin Leverenz (7.9) 5 NL 1.38 13.88 4,535 Management Team 1 NL 1.24 33.55 8,168 Gonzalo Pangaro (6.5)

12.0 20,687 12 0 19 0 49 12 116 26

4.9 7,174 6.4 22,660 4.2 18,718

3 1 15 0 44 31 1685 4 0 13 0 63 15 104 23 0 0 16 0 63 18 1007 9 9

0.15

1 NL

33.89 63,739 Michael Perre (6.6)

12.2 29,126 10 0 19 0 61

5 78 28

0 5.75 1.57 9.75 9,747 Rajiv Jain (8.8)

— 7.1 41,473 15 34 1 4 6 8.2 47,251 25 45 0 0 6 7.5 7,244 10 37 0 5 6 6.3 33,381 13 29 1 10 4 6.9 25,811 14 38 1 13 3 8.7 20,115 12 24 0 7 6 1 2

1 — 57 0 1425 55 6 48 53 1 849 75 1 179 15 1 109 22

16 60 24 -1 — 1.28

— 3,068 —

CAIBX APPLX

3 77 16

4 5.75 0.59 59.45 97,563 Management Team

12 61 6 22 NL

1.3 12.64 257 Management Team

MDLOX 4 SGENX 4 IVWAX 4 PGMDX 4

15 57 17 12 5.25 1.13 20.3 54,687 Management Team

19 70 2 37 51 7

8 5.00 1.11 53.62 50,274 Brooker, Jr./McLennan (4.1/6.5) 5 Clsd 1.26 17.73 10,015 de Lardemelle/de Vaulx (6.5/6.5)

7.3 47,517

5 20 1 1 5

1 290 94

15 43 4 38 NL 1.61 11.48 1,079 Mihir Worah (1.2)

Equity Style Box Val BlndGrth

Bold #  Cheapest Quintile

Lrg Mid Sm