Equity Fund

As of December 31, 2018

Geographic Breakdown (Equities)

Sector Allocation

Asset Mix

1.
Franco-Nevada (Canada)
The leading precious metals royalty and stream company by both gold revenue and number of precious metal assets.
6.2%
2.
Visa (United States)
The world's leading global payments company.
6.0%
3.
TD Bank (Canada)
Canada's premier retail bank.
5.1%
4.
Suncor Energy (Canada)
A prominent North American energy producer with operations focused in the northern Alberta oil sands.
5.0%
5.
CCL Industries (Canada)
A specialty packaging pioneer and the largest label company in the world.
4.9%
6.
CVS Health (United States)
An American retail pharmacy and health care company.
4.2%
7.
Novartis (Switzerland)
A global healthcare company based in Basel, Switzerland.
4.1%
8.
CBOE Holdings (United States)
The holding company for the Chicago Board Options Exchange, which is the world's largest options exchange.
4.1%
9.
Experian (United Kingdom)
A global leader in consumer and business credit reporting.
4.0%
10.
CN Rail (Canada)
A leading North American transportation company with a rail network of 20,000 route-miles spanning Canada and mid-America.
3.9%