Data as of 12/31/16. Index represents the MSCI EAFEĀ® Index (Gross).

TOP HOLDINGS (% of Rep Acct)

Nippon Telegraph & Telephone Corp (ADR) 4.86
TOTAL SA (ADR) 4.56
Mitsubishi UFJ Financial Group Inc (ADR) 4.04
Geberit AG (ADR) 3.66
AIA Group Ltd (ADR) 3.54
ABB Ltd (ADR) 3.38
Sanofi (ADR) 3.04
FANUC Corp (ADR) 2.79
Sony Corp (ADR) 2.76
BNP Paribas SA (ADR) 2.74
TOTAL35.37

CHARACTERISTICS

Number of Holdings
Equity Issues

50
Market Capitalization
Weighted Average
Median

$59.12B
$51.09B
Portfolio Turnover Ratio
(1-year trailing)

54.25%
Price/Earnings Ratio
(1-year forward)

19.05
Price/Book Ratio
(1-year forward)

2.55
Earnings Growth Rate
(1-year forward)

-0.42%

MONTHLY TOP EQUITY
CONTRIBUTORS & DETRACTORS

CONTRIBUTORS
TOTAL SA (ADR)
BNP Paribas SA (ADR)
Nippon Telegraph & Telephone Corp (ADR)
Essilor International SA (ADR)
ASML Holding NV
DETRACTORS
AIA Group Ltd (ADR)
Ctrip.com International Ltd (ADR)
Indivior PLC (ADR)
Samsonite International SA (ADR)
Alibaba Group Holding Ltd (ADR)

SECTOR ALLOCATION (%)

REP ACCT INDEX 
Financials 17.58 21.17
 
 
Industrials 16.83 14.00
 
 
Consumer Discretionary 13.34 12.52
 
 
Information Technology 11.61 5.48
 
 
Health Care 9.07 10.66
 
 
Consumer Staples 8.94 11.17
 
 
Telecommunication Services 8.27 4.51
 
 
Energy 6.62 5.47
 
 
Materials 3.27 7.90
 
 
Utilities 0.97 3.38
 
 
Cash & Equivalents 3.50 -
 

DEVELOPED VS. EMERGING MARKET EXPOSURE (%)

REP ACCTINDEX
Non-U.S. Developed 88.16 100.00
Non-U.S. Emerging 7.12 -
U.S. 1.22 -
Cash & Equivalents 3.50 -

REGIONS (%)

REP ACCTINDEX
Europe 63.60 63.12
Japan 16.22 24.13
Asia/Pacific Ex Japan 14.38 12.07
North America 2.30 -
Cash & Equivalents 3.50 -

COUNTRIES (%)

REP ACCTINDEX
United Kingdom 21.75 18.33
Japan 16.23 24.14
France 14.80 10.18
Switzerland 12.14 8.66
China 5.35 -
Hong Kong 5.21 3.25
Netherlands 4.14 3.35
Germany 3.52 9.30
Ireland 3.03 -
Australia 2.05 7.40
Sweden 1.97 2.84
Taiwan, Province Of China 1.76 -
United States 1.22 -
Italy 1.22 2.04
Canada 1.08 -
Spain 1.03 3.14
Cash & Equivalents 3.50 -

MARKET CAPITALIZATION RANGE OF EQUITY HOLDINGS (%)

REP ACCTINDEX
Over $100 Billion 17.23 16.19
$50 Billion to $100 Billion 29.69 19.07
$10 Billion to $50 Billion 38.91 46.37
$5 Billion to $10 Billion 4.40 12.84
$1 Billion to $5 Billion 6.27 4.97

Equity country, regional, sector and industry weights based on MSCI and GICS classifications. Fixed income country, regional, sector and industry weights based on Barclays classifications.