Global Equity Fund Holdings

As of December 31, 2011

Geographic Breakdown (Equities)

Sector Allocation

Asset Mix

Top 10 Holdings

1.
Samsung Electronics (South Korea)
Manufactures high-tech electronics, digital media and consumer products.
3.1%
2.
Cisco Systems (United States)
Global leader in manufacturing networking equipment for the internet.
3.1%
3.
China Mobile (China)
China's leading mobile services provider with a customer base of over 575 million.
3.0%
4.
Sanofi-Aventis (France)
Paris-based pharmaceutical company focused on developing prescription drugs, vaccines, and consumer health care products.
3.0%
5.
ENI (Italy)
A multinational oil and gas exploration and production company.
3.0%
6.
Dongfeng Motor (China)
One of the three major auto makers in China, with a leading market share in medium/heavy duty commercial vehicles and buses.
2.9%
7.
Vodafone (United Kingdom)
A global telecom company with over 370 million customers in more than 30 countries.
2.9%
8.
Diageo (United Kingdom)
London-based beverage and spirits company with a portfolio of world-famous brands, including Smirnoff, Guinness and Johnnie Walker.
2.8%
9.
Mitsubishi (Japan)
Tokyo-based conglomerate with a number of business divisions in the machinery, finance, energy, foods and environmental industries.
2.7%
10.
Unilever (Netherlands)
A multinational consumer products company whose brands include Sunlight, Lipton, Slim-Fast, Vaseline and Dove.
2.7%