Data as of 4/30/15. Index represents the MSCI EAFEĀ® Index Gross.

TOP HOLDINGS (% of Rep Acct)

Volkswagen AG (ADR) 3.88
AIA Group Ltd (ADR) 3.56
Shin-Etsu Chemical Co Ltd (ADR) 3.39
Prudential PLC (ADR) 3.14
BNP Paribas SA (ADR) 2.74
Inpex Corp (ADR) 2.73
ARM Holdings PLC (ADR) 2.73
SABMiller PLC (ADR) 2.51
Sumco Corp (ADR) 2.46
Sekisui Chemical Co Ltd (ADR) 2.42
TOTAL29.56

CHARACTERISTICS

Number of Holdings
Equity Issues

56
Market Capitalization
Weighted Average
Median

$57.18B
$46.64B
Portfolio Turnover Ratio
(1-year trailing)

63.83%
Price/Earnings Ratio
(1-year forward)

18.98
Price/Book Ratio
(1-year forward)

3.72
Earnings Growth Rate
(1-year forward)

4.82%

MONTHLY TOP EQUITY
CONTRIBUTORS & DETRACTORS

CONTRIBUTORS
TravelSky Technology Ltd (ADR)
Inpex Corp (ADR)
TNT Express N.V.
LyondellBasell Industries NV
AIA Group Ltd (ADR)
DETRACTORS
Shin-Etsu Chemical Co Ltd (ADR)
Deutsche Bank AG
iShares India 50 ETF
Sumco Corp (ADR)
Volkswagen AG (ADR)

SECTOR ALLOCATION (%)

REP ACCT INDEX 
Financials 22.76 26.08
 
 
Materials 13.04 7.44
 
 
Information Technology 11.97 4.77
 
 
Health Care 10.74 11.23
 
 
Industrials 9.06 12.64
 
 
Consumer Discretionary 8.45 12.96
 
 
Consumer Staples 8.18 10.96
 
 
Energy 6.47 5.55
 
 
Telecommunication Services 3.31 4.79
 
 
Equity Other 1.81 -
 
Utilities 1.13 3.58
 
 
Cash & Equivalents 3.08 -
 

DEVELOPED VS. EMERGING MARKET EXPOSURE (%)

REP ACCTINDEX
Non-U.S. Developed 85.65 99.57
Non-U.S. Emerging 7.35 0.20
U.S. 3.92 0.23
Cash & Equivalents 3.08 -

REGIONS (%)

REP ACCTINDEX
Europe 61.57 64.96
Japan 16.48 22.12
Asia/Pacific Ex Japan 14.51 12.06
North America 4.36 0.23
Cash & Equivalents 3.08 -

COUNTRIES (%)

REP ACCTINDEX
United Kingdom 25.09 19.24
Japan 16.48 22.12
France 12.22 9.68
Germany 7.29 9.06
Hong Kong 6.54 2.99
Switzerland 6.37 9.23
United States 3.92 0.23
China 3.34 -
Italy 2.23 2.34
Denmark 1.96 1.68
Netherlands 1.91 3.55
Taiwan, Province Of China 1.87 -
India 1.81 -
Sweden 1.57 2.99
Spain 1.44 3.53
Finland 1.16 0.81
Australia 0.95 7.36
Canada 0.44 -
Turkey 0.33 -
Cash & Equivalents 3.08 -

MARKET CAPITALIZATION RANGE OF EQUITY HOLDINGS (%)

REP ACCTINDEX
Over $100 Billion 18.16 20.22
$50 Billion to $100 Billion 29.12 23.07
$10 Billion to $50 Billion 24.19 41.76
$5 Billion to $10 Billion 10.79 11.20
$1 Billion to $5 Billion 12.85 3.75
$500 Million to $1 Billion 1.81 -

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.