(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

0.9 5.8 6.8 5.7 8.8 8.4

6,357 34,185 32,741 23,452 31,173 38,455

55 59 46 48 54 60 63 56 71 46 43 56 43 53 59 63 63 30 42 76 52 19 48 66 41 69 51 61 62 58 78 41 56 49 61 63 60 62 59 46 40 55 50 49 46 61 29 32 31 18

6 4 3 7 6 9 2 8 6 6 9 6 7 1 6 1

1 0 1 3 0 3 0 2 0 0 1 0 5 0 0 0 0 3 0 1 1 0 0 1 4 3 8 0 0 2 1 2 1 2 1 0 1 0 0 2 2 0 2 1 2 0 1 1 1 2

17 13 14 12 14

14 10 23 19 10 14 24 11 11 19 25 11 11 11 11

1 — 1 180 2 466 2 184

11 23 28 25 34 45 44 24 28 58 28 12 31 60 28 0 11 10 28 51 70 54 56 43 25 48 46 12 40 25 32 13 71 1 12 9

4 6 8 4

95 90 88 91 89 95 92 86 97 98 98 96 95 97 97 99 74 79 93 96 52 91 88 98 97 96 91 96 94 98 90 93 97 94 93 78 97 97 97 98 92 95 92 99 99 97 94 91 88

0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 6 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0

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

— 1.32

— 1,699 —

AAIPX

NL

1.06 17.52

2,025 Management Team

AEPGX 7

0.83 45.37 123,396 Management Team 0.91 28.35 10,058 Management Team

5.75 5.75

4 4 7

IGAAX AINTX ARTIX

0 0 0 0 0 5

79 80 48 53 61 45

10

NL NL

1.26 12.56

55 Rupal Bhansali (4.0)

8

4

1.17 28.68 18,733 Management Team

8 13.6

ARTJX

2,527

1 5

8

Clsd Clsd

1.5 24.12

1,008 Hamker/Yockey (3.9/14.0)

ARTKX 1

7.0 5.1

22,147 38,231 11,749

13

14

1.2 31.71 10,888 O’Keefe/Samra (9.2/13.2)

1 7 8 5

CIVVX LAFAX ACINX

14 21 22 23 13 15 16 18 23 22 10

3 0 0 0 1 4 3 3

NL

1.17 13.99 1.47 21.33 0.93 39.12

7,052 Management Team

10.3

5.75

140 Kusmierczak/Wald.-Wolf.(0.0/0.7)

8.4

3,549

1 198

100

NL

6,771 Egan/Mendes (12.7/12.7)

0.53 17.21

DFISX

5.5 5.3

1,517

1 4103

NL

9,293 Management Team

DODFX 1

0.64 36.48 61,812 Management Team 1.0 35.06 22,496 William Bower (14.7) 0.99 39.41 10,947 William Kennedy (11.2)

38,849 29,271 17,509 15,500 32,458 13,194 18,823 44,126 37,003

7

93

Clsd

7 10.2

FDIVX FIGRX FOSFX

13

3 240 3 221 2 179 1 961 1 163

NL NL NL

7

9.2

7 10.8

6

1.04 40.86

4,905 Vincent Montemaggiore (3.9)

4

0.2 35.93 15,114 Management Team

FSIIX

5.7 7.0

11 12

1

NL

SGOVX 4

16 17

Clsd

1.16 21.97 13,342 Brooker, Jr./McLennan (5.8/7.2)

4 11.0

FMIJX

19

9 2

0 0 4

41 98 54

NL NL NL

1.0 28.19

2,799 Management Team

HAINX 4

0.75 59.43 41,324 Management Team

6.8

6 7

8

7 4

HLMNX 7 10.9

15

16

1.16 17.08

4,997 Management Team

1

IVIOX

7.4 5.9 6.6 2.3 3.9

5,311

3

12 20

16 13

1 106

36

Clsd Clsd

1.26 15.58 1.3 17.83 0.99 16.13 1.25 12.35 0.95 30.8 1.08 6.77 1.25 20.29

3,786 de Lardemelle/de Vaulx (7.2/7.2)

JOHAX 7

23,659 26,185

11

0 0 1 3 0 4 0 1

34 57 24 39 53 95 73 65

6

2,938 Lees/Richyal (6.4/6.4) 1,269 Management Team 1,118 Management Team 1,846 Management Team 1,596 Management Team 1,358 Benjamin Segal (10.5)

4 4 4

MSILX LLINX ICEUX

6 0 0

9 2

7

10

NL NL NL NL NL

7,089

45

-4

32,444

14

8

3

EXWAX 4 11.9

29,115 13,805 29,480

17

4

16

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

7 10.6

NIQVX OAKIX

7 5 1 7 1 2 7 2 7 8 5 1 6 0 7 3 7

11 17 10

7

1

5.0 9.1

10 22

Clsd Clsd 5.75

0.95 21.36 26,566 Herro/Taylor (23.2/7.0)

OAKEX 5

1,984

1.31 14.17

2,773 Herro/Manelli (20.2/4.6)

7 11.6

OIGAX

16,100

6

6

1 106

1.14 36.08 21,461 Dunphy/Evans (3.7/19.7)

8 1 7

PRIDX TRIGX PRITX

9.4 6.0 7.8 5.7 6.5 5.5 7.3 5.6 5.3 5.3 8.0 5.2 4.2 5.3

1,673

20 16 14 18 14 20 23 18 16 22 11 22 18 1

24 15 23 13

1 213 2 127 3 129 0 161 0 114 1 524 1 1867 3 2493 2 3424 0 337 2 177 5 167 3 5947 1 — 0 411 2 311 2 659 0 52 1 48

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

1.21 53.95

4,321 Justin Thomson (17.0)

0.85 13.07 11,557 Jonathan Matthews (5.5) 0.83 15.28 14,049 Richard Clattenburg (0.7) 0.84 8.99 11,158 Raymond Mills (9.0)

18,470 25,733 31,245 42,458 28,509 19,367 28,566 25,917

TROSX 4 TGVAX 4 TBGVX 1

9

4.50

1.26 24.11

9,253 Management Team

8 9

8

22

1.37 24.46 1.12 26.73

8,881 Management Team 3,272 Management Team

4

USIFX

17

VTMGX 4 VFWAX 4

0.09 11.82 52,176 Christine Franquin (2.8)

14 21 27 15 18 12 21 19

4 3 9

0.14 27.01 24,596 Ryan Ludt (7.3)

5 8

0.37 35.39

VFSVX

1,397

12

3,305 Jeffrey Miller (0.3)

0.4 16.95

VINEX

1,623

42 29 36

2,937 Dobbs/Thomas (16.0/5.5)

VWIGX 7

0.47 21.1 22,157 Management Team

28,788 28,182 19,066 48,466

4 4

0.44 31.09

VTRIX VTIAX JVIAX

7,826 Management Team

0.14 24.24 187,326 Michael Perre (7.4)

3

7 16.7

16

2

32

5.75

1.43 28.37

1,804 Rajiv Jain (13.8)

—

8.3 41,831

52 43 44 45

6 3 7 5

8

54 36 27 33

— 1.32

— 1,538 —

CWGIX 4 ANWPX 7 SMCWX 8

0.77 43.36 82,119 Management Team 0.75 36.02 60,151 Management Team 1.07 43.63 27,264 Management Team

8.2 8.6 8.3

43,933 51,001

15

5.75 5.75 5.75

6

2,696

17

Bold # ! Cheapest Quintile

Equity Style Box Val BlndGrth

Lrg Mid Sm