Data as of 5/31/15. Index represents the MSCI EAFEĀ® Index Gross.

TOP HOLDINGS (% of Rep Acct)

Volkswagen AG (ADR) 3.88
AIA Group Ltd (ADR) 3.53
Shin-Etsu Chemical Co Ltd (ADR) 3.37
Prudential PLC (ADR) 3.30
Sekisui Chemical Co Ltd (ADR) 3.08
ARM Holdings PLC (ADR) 2.86
Inpex Corp (ADR) 2.68
BNP Paribas SA (ADR) 2.66
SABMiller PLC (ADR) 2.54
Sumco Corp (ADR) 2.44
TOTAL30.34

CHARACTERISTICS

Number of Holdings
Equity Issues

56
Market Capitalization
Weighted Average
Median

$57.01B
$50.90B
Portfolio Turnover Ratio
(1-year trailing)

68.31%
Price/Earnings Ratio
(1-year forward)

18.64
Price/Book Ratio
(1-year forward)

3.16
Earnings Growth Rate
(1-year forward)

4.70%

MONTHLY TOP EQUITY
CONTRIBUTORS & DETRACTORS

CONTRIBUTORS
Liberty Global PLC
Indivior PLC (ADR)
Intesa Sanpaolo SpA (ADR)
Vodafone Group PLC (ADR)
Roche Holding AG (ADR)
DETRACTORS
Outokumpu OYJ (ADR)
Volkswagen AG (ADR)
TravelSky Technology Ltd (ADR)
Seven Bank Ltd (ADR)
Glencore PLC (ADR)

SECTOR ALLOCATION (%)

REP ACCT INDEX 
Financials 22.08 26.14
 
 
Materials 13.48 7.47
 
 
Information Technology 11.93 4.91
 
 
Health Care 10.79 11.20
 
 
Industrials 9.06 12.53
 
 
Consumer Discretionary 8.53 13.06
 
 
Consumer Staples 8.23 10.97
 
 
Energy 5.92 5.30
 
 
Telecommunication Services 4.51 4.74
 
 
Equity Other 1.89 -
 
Utilities 1.08 3.68
 
 
Cash & Equivalents 2.50 -
 

DEVELOPED VS. EMERGING MARKET EXPOSURE (%)

REP ACCTINDEX
Non-U.S. Developed 85.19 99.58
Non-U.S. Emerging 7.76 0.20
U.S. 4.55 0.22
Cash & Equivalents 2.50 -

REGIONS (%)

REP ACCTINDEX
Europe 60.56 64.76
Japan 16.34 22.63
Asia/Pacific Ex Japan 15.20 11.76
North America 4.93 0.22
Latin America 0.47 0.02
Cash & Equivalents 2.50 -

COUNTRIES (%)

REP ACCTINDEX
United Kingdom 25.12 19.45
Japan 16.34 22.64
France 14.11 9.51
Germany 7.41 8.79
Hong Kong 6.39 2.96
United States 4.55 0.22
Switzerland 4.02 9.40
China 3.21 -
Italy 2.37 2.38
Denmark 1.97 1.68
India 1.89 -
Taiwan, Province Of China 1.87 -
Australia 1.84 7.17
Sweden 1.55 2.97
Spain 1.43 3.43
Netherlands 1.37 3.49
Finland 0.89 0.82
Mexico 0.47 -
Canada 0.38 -
Turkey 0.32 -
Cash & Equivalents 2.50 -

MARKET CAPITALIZATION RANGE OF EQUITY HOLDINGS (%)

REP ACCTINDEX
Over $100 Billion 20.17 20.36
$50 Billion to $100 Billion 28.77 21.53
$10 Billion to $50 Billion 25.33 42.48
$5 Billion to $10 Billion 10.27 11.12
$1 Billion to $5 Billion 11.07 3.86
N/A 1.89 0.65

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.