Data as of 3/31/15. Index represents the S&P 500® Index.

TOP HOLDINGS (% of Rep Acct)

United Continental Holdings, Inc. 10.50
Endo International PLC 8.79
Mallinckrodt PLC 6.82
Air Products & Chemicals, Inc. 4.89
Motorola Solutions, Inc. 4.85
St Joe Co. 4.33
Knowles Corp. 3.37
Dollar Tree, Inc. 3.18
E*TRADE Financial Corp. 3.04
Citigroup, Inc. 2.88
TOTAL52.65

CHARACTERISTICS

Number of Holdings
Equity Issues

44
Market Capitalization
Weighted Average
Median

$33.56B
$14.65B
Portfolio Turnover Ratio
(1-year trailing)

55.17%
Price/Earnings Ratio
(1-year forward)

18.66
Price/Book Ratio
(1-year forward)

4.52
Earnings Growth Rate
(1-year forward)

5.85%

MONTHLY TOP EQUITY
CONTRIBUTORS & DETRACTORS

CONTRIBUTORS
Herbalife, Ltd.
Mallinckrodt PLC
Endo International PLC
St Joe Co.
United Continental Holdings, Inc.
DETRACTORS
Rayonier Advanced Materials, Inc.
Colfax Corp.
Microsoft Corp.
Air Products & Chemicals, Inc.
Post Holdings, Inc.

SECTOR ALLOCATION (%)

REP ACCT INDEX 
Health Care 17.56 14.93
 
 
Consumer Discretionary 15.66 12.60
 
 
Information Technology 15.58 19.68
 
 
Financials 14.31 16.21
 
 
Industrials 14.06 10.37
 
 
Materials 10.20 3.16
 
 
Consumer Staples 4.43 9.69
 
 
Energy 3.84 8.04
 
 
Cash & Equivalents 4.36 -
 

DEVELOPED VS. EMERGING MARKET EXPOSURE (%)

REP ACCTINDEX
U.S. 94.77 99.97
Non-U.S. Emerging 0.87 -
Cash & Equivalents 4.36 -

REGIONS (%)

REP ACCTINDEX
North America 94.77 99.97
Asia/Pacific Ex Japan 0.87 -
Cash & Equivalents 4.36 -

MARKET CAPITALIZATION RANGE OF EQUITY HOLDINGS (%)

REP ACCTINDEX
Over $100 Billion 9.44 42.94
$10 Billion to $50 Billion 53.17 34.42
$5 Billion to $10 Billion 14.22 3.69
$1 Billion to $5 Billion 22.23 0.42
$500 Million to $1 Billion 0.94 -

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.