Data as of 7/31/16. Index represents the MSCI EAFEĀ® Index (Gross).

TOP HOLDINGS (% of Rep Acct)

Nippon Telegraph & Telephone Corp (ADR) 4.86
AIA Group Ltd (ADR) 3.85
Diageo PLC (ADR) 3.49
Geberit AG (ADR) 3.46
Sekisui Chemical Co Ltd (ADR) 3.34
Mitsubishi UFJ Financial Group Inc (ADR) 3.28
Novo Nordisk A/S (ADR) 3.22
TOTAL SA (ADR) 3.09
Sanofi (ADR) 2.98
Essilor International SA (ADR) 2.94
TOTAL34.51

CHARACTERISTICS

Number of Holdings
Equity Issues

56
Market Capitalization
Weighted Average
Median

$61.13B
$45.24B
Portfolio Turnover Ratio
(1-year trailing)

42.67%
Price/Earnings Ratio
(1-year forward)

19.18
Price/Book Ratio
(1-year forward)

3.06
Earnings Growth Rate
(1-year forward)

5.56%

MONTHLY TOP EQUITY
CONTRIBUTORS & DETRACTORS

CONTRIBUTORS
ARM Holdings PLC (ADR)
Sekisui Chemical Co Ltd (ADR)
Mitsubishi UFJ Financial Group Inc (ADR)
Schneider Electric SE (ADR)
ABB Ltd (ADR)
DETRACTORS
Essilor International SA (ADR)
Reckitt Benckiser Group PLC (ADR)
MEG Energy Corp
SGS SA (ADR)
Royal Dutch Shell PLC (ADR)

SECTOR ALLOCATION (%)

REP ACCT INDEX 
Industrials 15.40 13.43
 
 
Health Care 14.69 12.19
 
 
Financials 14.48 22.68
 
 
Information Technology 11.77 5.62
 
 
Consumer Staples 11.46 12.85
 
 
Consumer Discretionary 11.01 12.61
 
 
Telecommunication Services 10.05 4.92
 
 
Energy 5.85 4.82
 
 
Materials 2.06 7.05
 
 
Utilities 1.05 3.83
 
 
Cash & Equivalents 2.18 -
 

DEVELOPED VS. EMERGING MARKET EXPOSURE (%)

REP ACCTINDEX
Non-U.S. Developed 90.48 100.00
Non-U.S. Emerging 6.28 -
U.S. 1.06 -
Cash & Equivalents 2.18 -

REGIONS (%)

REP ACCTINDEX
Europe 65.00 63.27
Japan 17.61 23.59
Asia/Pacific Ex Japan 13.46 12.36
North America 1.28 -
Latin America 0.47 -
Cash & Equivalents 2.18 -

COUNTRIES (%)

REP ACCTINDEX
United Kingdom 22.85 19.12
France 17.64 9.67
Japan 17.61 23.58
Switzerland 10.48 9.04
Hong Kong 5.50 3.38
Germany 5.21 8.85
China 4.14 -
Denmark 3.22 1.97
Australia 2.14 7.49
Taiwan, Province Of China 1.67 -
Sweden 1.45 2.73
Netherlands 1.45 3.26
Italy 1.16 1.94
United States 1.06 -
Spain 1.03 2.98
Ireland 0.52 0.46
Mexico 0.47 -
Canada 0.22 -
Cash & Equivalents 2.18 -

MARKET CAPITALIZATION RANGE OF EQUITY HOLDINGS (%)

REP ACCTINDEX
Over $100 Billion 17.53 17.71
$50 Billion to $100 Billion 29.33 18.09
$10 Billion to $50 Billion 36.12 46.40
$5 Billion to $10 Billion 7.23 12.77
$1 Billion to $5 Billion 7.39 4.47
$500 Million to $1 Billion 0.22 -

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.