Data as of 4/30/16. Index represents the MSCI EAFEĀ® Index Gross.

TOP HOLDINGS (% of Rep Acct)

Nippon Telegraph & Telephone Corp (ADR) 4.97
AIA Group Ltd (ADR) 3.75
Sekisui Chemical Co Ltd (ADR) 3.23
Prudential PLC (ADR) 3.04
Geberit AG (ADR) 2.98
Diageo PLC (ADR) 2.95
Sanofi (ADR) 2.90
Schneider Electric SE (ADR) 2.90
Essilor International SA (ADR) 2.67
BNP Paribas SA (ADR) 2.66
TOTAL32.05

CHARACTERISTICS

Number of Holdings
Equity Issues

53
Market Capitalization
Weighted Average
Median

$58.14B
$49.69B
Portfolio Turnover Ratio
(1-year trailing)

38.11%
Price/Earnings Ratio
(1-year forward)

18.31
Price/Book Ratio
(1-year forward)

3.30
Earnings Growth Rate
(1-year forward)

5.23%

MONTHLY TOP EQUITY
CONTRIBUTORS & DETRACTORS

CONTRIBUTORS
Rio Tinto PLC (ADR)
AIA Group Ltd (ADR)
TOTAL SA (ADR)
Prudential PLC (ADR)
Sekisui Chemical Co Ltd (ADR)
DETRACTORS
Taiwan Semiconductor Manufacturing Co Ltd (ADR)
Auto Trader Group PLC (ADR)
ARM Holdings PLC (ADR)
Associated British Foods PLC (ADR)
Samsonite International SA (ADR)

SECTOR ALLOCATION (%)

REP ACCT INDEX 
Financials 19.41 23.88
 
 
Industrials 13.93 13.24
 
 
Health Care 13.21 11.59
 
 
Consumer Discretionary 11.82 12.69
 
 
Information Technology 10.71 5.33
 
 
Consumer Staples 9.92 12.36
 
 
Telecommunication Services 8.99 5.05
 
 
Energy 5.69 4.93
 
 
Materials 2.70 7.08
 
 
Utilities 1.21 3.85
 
 
Cash & Equivalents 2.41 -
 

DEVELOPED VS. EMERGING MARKET EXPOSURE (%)

REP ACCTINDEX
Non-U.S. Developed 89.42 100.00
Non-U.S. Emerging 5.86 -
U.S. 2.31 -
Cash & Equivalents 2.41 -

REGIONS (%)

REP ACCTINDEX
Europe 68.53 64.37
Japan 13.60 22.90
Asia/Pacific Ex Japan 12.55 11.95
North America 2.45 -
Latin America 0.46 -
Cash & Equivalents 2.41 -

COUNTRIES (%)

REP ACCTINDEX
United Kingdom 23.48 19.36
France 18.73 9.86
Japan 13.60 22.91
Switzerland 12.13 9.03
Hong Kong 6.04 3.28
Germany 4.90 8.97
China 3.75 -
Italy 2.74 2.16
Denmark 2.66 1.97
United States 2.31 -
Taiwan, Province Of China 1.66 -
Netherlands 1.60 3.11
Sweden 1.48 2.87
Australia 1.11 7.17
Ireland 0.80 0.49
Mexico 0.46 -
Canada 0.14 -
Cash & Equivalents 2.41 -

MARKET CAPITALIZATION RANGE OF EQUITY HOLDINGS (%)

REP ACCTINDEX
Over $100 Billion 15.45 15.40
$50 Billion to $100 Billion 30.43 21.03
$10 Billion to $50 Billion 34.81 45.57
$5 Billion to $10 Billion 7.16 12.52
$1 Billion to $5 Billion 9.74 4.91

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.