March 31, 2021 Holdings

Security Description Asset Type Market Value

($CAD) 000's

GROWTH

PUBLIC EQUITY

Samsung Inc Public Equity 21,390

Taiwan Semiconductor Public Equity 21,295

Alphabet Inc‐Cl C Public Equity 14,487

Canadian National Railway Co Public Equity 12,914

Tencent Hldgs Ltd Public Equity 12,510

Booking Holdings Inc Public Equity 11,124

Novartis Ag Public Equity 11,087

Walt Disney Co Public Equity 10,869

Alimentation Couche‐Tard Inc Public Equity 10,318

Brookfield Asset Mgmt Inc Public Equity 9,600

Roche Holding Ag Public Equity 9,336

Bank Of Nova Scotia Public Equity 9,092

AIA Group Ltd Public Equity 8,905

Oracle Corp Public Equity 8,742

Microsoft Corp Public Equity 8,354

Enbridge Inc Public Equity 8,198

Alibaba Group Hldg Ltd ADR Public Equity 8,163

Naver Corp Public Equity 7,783

Rolls‐Royce Holdings Plc Public Equity 7,747

Manulife Financial Corp Public Equity 7,725

Sanofi Public Equity 7,671

Fanuc Corp Public Equity 7,416

Ashland Global Holdings Inc Public Equity 7,124

Essent Group Ltd Public Equity 6,956

Sabre Corp Public Equity 6,682

Magna Intl Inc Public Equity 6,628

Cognizant Technology Solutions Public Equity 6,600

Concentrix Corp Public Equity 6,462

Unicredit Spa Public Equity 6,269

Broadcom Inc Public Equity 6,257

Adobe Inc Public Equity 6,214

Takeda Pharmaceutical Co Ltd Public Equity 6,205

Fiserv Inc Public Equity 6,194

CCL Industries Inc Public Equity 6,184

Open Text Corporation Public Equity 6,099

Nutrien Ltd Public Equity 5,950

Mastercard Inc Public Equity 5,862

Shin‐Etsu Chemical Co Ltd Public Equity 5,821

Automatic Data Processing Inc Public Equity 5,759

BASF SE Public Equity 5,750

Keyence Corp Public Equity 5,741

Exelon Corp Public Equity 5,689

Leidos Holdings Inc Public Equity 5,684

Thomson Reuters Corp Public Equity 5,662

CGI Inc Public Equity 5,628

UEP Investment Holdings as of March 31, 2021

1

Restaurant Brands Intl Inc Public Equity 5,584

Edwards Lifesciences Corp Public Equity 5,572

L'Oreal Public Equity 5,502

CAE Inc Public Equity 5,474

Genpact Ltd Public Equity 5,432

Linde Plc Public Equity 5,392

Airbus Se Public Equity 5,390

Softcat Plc Public Equity 5,355

Novo Nordisk A/S Public Equity 5,171

Air Canada Public Equity 5,165

LVMH Moet Hennessy Public Equity 5,161

Amphenol Corp Public Equity 5,091

Cisco Systems Inc/Delaware Public Equity 5,056

CSL Ltd Public Equity 5,022

Toronto Dominion Bank Public Equity 5,014

Fastenal Co Public Equity 4,999

Nike Inc Public Equity 4,827

Jardine Matheson Hldgs. Public Equity 4,817

Gildan Activewear Inc Public Equity 4,791

Texas Instruments Inc Public Equity 4,774

Waters Corp Public Equity 4,750

IA Financial Corp Inc Public Equity 4,748

Las Vegas Sands Corp Public Equity 4,746

Shopify Inc Public Equity 4,705

Empire Co Ltd Public Equity 4,642

AXA SA Public Equity 4,640

SNC‐Lavalin Group Inc Public Equity 4,565

Nestle SA Public Equity 4,555

Intact Financial Corp Public Equity 4,540

Intuitive Surgical Inc Public Equity 4,532

Johnson & Johnson Public Equity 4,487

Stantec Inc Public Equity 4,431

TJX Cos Inc/The Public Equity 4,382

Carrier Global Corp Public Equity 4,239

Compass Group Plc Public Equity 4,149

Citigroup Inc Public Equity 4,108

Siemens Ag Public Equity 4,096

Stryker Corp Public Equity 4,072

Premium Brands Public Equity 4,025

De'Longhi Spa Public Equity 3,994

Industria De Diseno Textil Sa Public Equity 3,931

Electrocomponents Plc Public Equity 3,822

Conocophillips Public Equity 3,821

CIE Financiere Richemont Sa Public Equity 3,809

WSP Global Inc Public Equity 3,706

Atea Asa Public Equity 3,607

Dassault Systemes SE Public Equity 3,530

Reinsurance Group Of America Public Equity 3,488

Bravida Holding Ab Public Equity 3,441

SMC Corp Public Equity 3,438

Reckitt Benckiser Group Plc Public Equity 3,437

Saputo Inc Public Equity 3,386

Murata Manufacturing Co Ltd Public Equity 3,379

Colgate‐Palmolive Co Public Equity 3,343

Metro Inc Public Equity 3,343

2

Jones Lang Lasalle Inc Public Equity 3,254

Cognex Corp Public Equity 3,202

Mondelez International Inc Public Equity 3,163

Kone Oyj Public Equity 3,162

Sarana Menara Nus Public Equity 3,124

Ping An Insurance Public Equity 3,103

Brunswick Corp/De Public Equity 3,091

Diploma Plc Public Equity 3,074

Westrock Co Public Equity 3,063

Sempra Energy Public Equity 3,039

Experian Plc Public Equity 3,026

Alexandria Real Estate Equitie Public Equity 2,977

WD‐40 Co Public Equity 2,970

Illumina Inc Public Equity 2,945

Total SE Public Equity 2,921

Descartes Systems Group Inc Common Public Equity 2,917

RWE Ag Public Equity 2,913

Walmart Inc Public Equity 2,897

Grupo Aeroportuario Public Equity 2,894

LG Household & Health Care Ltd. Public Equity 2,891

Pushpay Holdings Ltd Public Equity 2,857

Hyundai Co Public Equity 2,846

Silicon Laboratories Inc Public Equity 2,828

IMCD Nv Public Equity 2,826

International Consolidated Air Public Equity 2,774

SGS Holding Public Equity 2,756

Vale S A ADR Public Equity 2,703

Wintrust Financial Corp Public Equity 2,684

Volkswagen Ag Public Equity 2,642

Quest Diagnostics Inc Public Equity 2,625

Pinduoduo Inc‐ ADR Public Equity 2,620

West Fraser Timber Co Ltd Public Equity 2,614

Advantech Co. Ltd. Public Equity 2,598

Baycurrent Consulting Inc Public Equity 2,522

Hill‐Rom Holdings Inc Public Equity 2,520

Mercadolibre Inc Com Public Equity 2,489

Fortinet Inc Public Equity 2,480

Enghouse Systems Ltd Public Equity 2,468

Kusuri No Aoki Holdings Co Ltd Public Equity 2,454

Tsuruha Holdings Inc. Public Equity 2,451

CSW Industrials Inc Public Equity 2,447

Telkom Indonesia Persero Tbk Pt ADR Public Equity 2,441

Paychex Inc Public Equity 2,427

Brooks Automation Inc Public Equity 2,414

AMN Healthcare Services Inc Public Equity 2,400

Insperity Inc Public Equity 2,383

Boyd Group Services Inc Public Equity 2,378

Yaoko Co Ltd Public Equity 2,372

Ascendas Public Equity 2,364

Aflac Inc Public Equity 2,354

Kinaxis Inc Public Equity 2,351

ENN Energy Comstk Public Equity 2,340

ING Groep Nv Public Equity 2,330

ABB Ltd Public Equity 2,319

Aramex PJSC Public Equity 2,296

3

Thule Group Ab Public Equity 2,286

Trelleborg Ab Public Equity 2,270

On The Beach Group Public Equity 2,265

Open House Co Ltd Public Equity 2,256

Jungheinrich Ag Public Equity 2,233

JD.Com Inc ADR Public Equity 2,228

CBIZ Inc Public Equity 2,221

ASM Pacific Technology Public Equity 2,218

PC Connection Inc Public Equity 2,203

Aalberts Nv Public Equity 2,192

SK Hynix Inc GDR Public Equity 2,186

Alten SA Public Equity 2,160

Wuxi Biologics (CA) Public Equity 2,147

Mediatek Inc Public Equity 2,129

HDFC Bank Ltd ADR Public Equity 2,075

Wex Inc Public Equity 2,048

Cogeco Communications Inc Public Equity 2,036

Silergy Corp Public Equity 2,020

Teck Resources Ltd Public Equity 2,003

Community Bank System Inc Public Equity 2,000

Transcontinental Inc Public Equity 1,973

Aptargroup Inc Public Equity 1,960

Gazprom PJSC Public Equity 1,945

Winmark Corporation Public Equity 1,928

Voltronic Power Technology Corp Public Equity 1,909

Eagle Materials Inc Public Equity 1,901

Bayer Ag Public Equity 1,896

National Bank Of Canada Public Equity 1,890

Koh Young Technology Inc Public Equity 1,865

Create SD Holdings Co. Ltd. Public Equity 1,850

Canadian Tire Corp Ltd Public Equity 1,819

Altus Group Ltd Public Equity 1,807

SCSK Corporation Public Equity 1,802

John Wiley & Sons Inc Public Equity 1,799

Clean Harbors Inc Public Equity 1,799

Burckhardt Compression Holding Public Equity 1,793

Bakkafrost Public Equity 1,782

TCF Financial Corp Public Equity 1,769

Vietnam Dairy Products Jsc Public Equity 1,762

New Work Se Public Equity 1,762

Diversified Gas & Oil Plc Public Equity 1,751

Grandvision Nv Public Equity 1,743

President Chain Store Corp. Public Equity 1,727

Totvs SA Com Npv Public Equity 1,725

ASE Technology Holding Co Ltd Public Equity 1,703

Waste Management Inc Public Equity 1,702

Medacta Group Sa Public Equity 1,694

Coca‐Cola Co Public Equity 1,689

Lundin Mining Corp Public Equity 1,683

Horiba Ltd Public Equity 1,666

Morneau Shepell Inc Public Equity 1,660

Winpak Ltd Public Equity 1,654

Banco Bilbao Vizcaya Argentari Public Equity 1,647

Cia Cervecerias Unidas SA Adr Public Equity 1,637

Oil Search Ltd Public Equity 1,625

4

Steris Plc Public Equity 1,611

CACI International Inc Public Equity 1,602

West Pharmaceutical Services Inc Public Equity 1,599

Sunny Friend Environmental Tech Co Public Equity 1,595

Yandex N V Public Equity 1,595

China Resources Gas Group Ltd. Public Equity 1,591

Vanguard FTSE Emerging Mkts AL Public Equity 1,588

Kimberly‐Clark Corp Public Equity 1,586

Glanbia Plc Public Equity 1,582

Huhtamaki Oyj Public Equity 1,576

Columbia Sportswear Co Public Equity 1,572

KH Neochem Co Ltd Public Equity 1,567

VZ Holdings Ag Public Equity 1,560

Dormakaba Holding Ag Public Equity 1,548

Spirit Aerosystems Holdings Inc Public Equity 1,538

BRP Inc Public Equity 1,536

Nifco Inc/Japan Public Equity 1,536

Bravura Solutions Ltd Public Equity 1,528

Retail Opportunity Investments Public Equity 1,526

Cembra Money Bank Ag Public Equity 1,523

Canadian Western Bank Public Equity 1,519

SM Investments Corp. Public Equity 1,494

National Instruments Corp Public Equity 1,494

Sunny Optical Technology Group Public Equity 1,493

Southern Copper Corp Com Public Equity 1,484

B2Gold Corp Public Equity 1,482

TFI International Inc Public Equity 1,470

RPM International Inc Public Equity 1,457

NICE Information Service Public Equity 1,447

Franco‐Nevada Corp Public Equity 1,445

Clicks Group Ltd Public Equity 1,440

Ansell Ltd Public Equity 1,439

Kirby Corp Public Equity 1,426

Central Asia Metals Plc Public Equity 1,426

Cerved Group Spa Public Equity 1,426

Terminix Global Holdings Inc Public Equity 1,420

Ace Hardware Indonesia Public Equity 1,412

Jollibee Foods Corp. Public Equity 1,411

BK Rakyat Public Equity 1,411

Public Service Public Equity 1,409

Bausch Health Cos Inc Public Equity 1,403

Altair Engineering Inc Public Equity 1,378

Procter & Gamble Co Public Equity 1,375

4Imprint Group Plc Public Equity 1,373

Centerra Gold Inc Public Equity 1,363

Bio‐Rad Laboratories Inc Public Equity 1,357

Broadleaf Co Ltd Public Equity 1,353

Itochu Corp Public Equity 1,349

KWS Saat Se & Co. Kgaa Public Equity 1,347

Dechra Pharmaceuticals Plc Public Equity 1,343

Cargurus Inc Public Equity 1,343

Linamar Corp Public Equity 1,341

Tata Consultancy Public Equity 1,340

Trip Com Group Ltd ADR Public Equity 1,338

Chase Corporation Public Equity 1,338

5

Technogym Spa Public Equity 1,328

Kalbe Farma Tbk PT Public Equity 1,327

XP Power Ltd Public Equity 1,325

Hardwoods Distribution Inc Public Equity 1,307

Knowit Ab Public Equity 1,302

Galp Energia SGPS Public Equity 1,299

Magazine Luiza Sa Public Equity 1,299

Livanova Plc Public Equity 1,297

British American Tobacco Plc Public Equity 1,281

Freightways Ltd Public Equity 1,271

Cascades Inc Public Equity 1,266

Enel Spa Public Equity 1,248

Petroleo Brasileiro SA Pet ADR Public Equity 1,248

Infosys Ltd ADR Public Equity 1,225

Infineon Technologies Ag Public Equity 1,218

Toyota Motor Corporation Public Equity 1,211

Republic Svcs. Public Equity 1,209

Orange Public Equity 1,201

Systemax Inc Public Equity 1,198

Paragon Banking Group Plc Public Equity 1,192

MDU Resources Group Inc Public Equity 1,187

Tourmaline Oil Corp Public Equity 1,184

United Microelectronics Corp Public Equity 1,181

Elisa Oyj Public Equity 1,178

Parex Resources Inc Public Equity 1,177

AAC Technologies Holdings Inc Public Equity 1,175

Pioneer Natural Resources Co Public Equity 1,156

Brown & Brown Inc Public Equity 1,154

Nextera Energy Inc. Public Equity 1,148

Swisscom Ag‐Reg Public Equity 1,138

Bolsa Mexicana De Valores Sab De Cv Public Equity 1,131

Merlin Properties Socimi Sa Public Equity 1,128

Noritsu Koki Co Ltd Public Equity 1,127

Soitec Public Equity 1,117

Wolters Kluwer Public Equity 1,114

Norway Royal Salmon ASA Public Equity 1,113

Hudbay Minerals Inc Public Equity 1,112

Admiral Group Plc Public Equity 1,108

Atmos Energy Corp Public Equity 1,096

SSP Group Plc Public Equity 1,089

Ameren Corporation Public Equity 1,084

Hiwin Tech Corp Public Equity 1,082

Marr Spa Public Equity 1,078

Hulic REIT Inc Public Equity 1,070

D&L Industries Public Equity 1,059

Celltrion Inc Public Equity 1,049

Celestica Inc Public Equity 1,047

Naspers 'N' Zar Public Equity 1,041

Verizon Communications Inc Public Equity 1,034

Morningstar Inc Public Equity 1,033

Givaudan‐Reg Public Equity 1,032

Ambev SA ‐ ADR Public Equity 1,030

AT&T Inc Public Equity 1,028

Restore Plc Public Equity 1,027

Abbott Laboratories Public Equity 1,026

6

Richelieu Hardware Ltd Public Equity 999

National Grid Plc Public Equity 998

JM Smucker Co/The Public Equity 993

Merck & Co. Public Equity 990

Hengan International Group Co Ltd Public Equity 985

Pepsico Inc Public Equity 981

Recordati Spa Public Equity 976

Red Electrica Corporacion Public Equity 974

TS Tech Co Ltd Public Equity 973

Japan Post Bank Co Ltd Public Equity 961

Eversource Energy Public Equity 956

Brembo Spa Public Equity 953

Swiss Prime Site Ag Public Equity 948

Applus Services SA Public Equity 938

Telia Co Ab Public Equity 936

CLP Holdings Public Equity 931

Palomar Holdings Inc Public Equity 920

Berkshire Hathaway Inc‐Cl Public Equity 917

First Solar Inc Public Equity 911

Heineken Malaysia Bhd Public Equity 910

Innolux Corp Public Equity 909

Sleep Country Cda Holdings Inc Public Equity 902

CI Financial Inc Public Equity 895

Nordic Waterproofing Holding Ab Public Equity 888

CT REIT Public Equity 875

Polaris Infrastructure Inc Public Equity 873

Netease Inc Sponsored ADR Public Equity 864

Woolwortgrp Ltd Public Equity 859

Fielmann Ag Public Equity 851

Zurich Insurance Group Ag Public Equity 843

Gallagher Arthur Public Equity 839

Pernod Ricard Sa Public Equity 836

Labrador Iron Ore Royalty Corp Public Equity 826

Telenor Asa Public Equity 823

Duke Energy Corp Public Equity 819

Bilia Ab Public Equity 815

Kirkland Lake Gold Ltd Public Equity 794

AU Optronics Corp Public Equity 788

Kumho Petrochemical Co Ltd Public Equity 787

High Liner Foods Public Equity 785

Eregli Demir Ve Celik Fabrik Public Equity 784

Orkla Asa Public Equity 783

B3 SA Com Npv Public Equity 783

LG Electronics Inc Public Equity 770

American Tower Corp Public Equity 764

Breedon Group Plc Public Equity 762

AGF Management Ltd Public Equity 759

BK Mandiri Public Equity 757

Air Liquide SA Public Equity 755

Japan Post Holdings Co Ltd Public Equity 751

PTT Public Company ADR Public Equity 748

Stella‐Jones Inc Public Equity 744

CMS Energy Corp Public Equity 736

WEC Energy Group Inc Public Equity 736

Zoomlion Heavy Industry ‐ H Public Equity 733

7

Corus Entertainment Inc Public Equity 729

Fleury SA Public Equity 728

Qisda Corp Public Equity 726

Secom Co Ltd Public Equity 722

Magnit PJSC Public Equity 717

Kakao Corp Public Equity 715

Intercontinental Exchange Public Equity 714

Rogers Sugar Inc Public Equity 711

Crown Castle International Public Equity 710

Wajax Corp Public Equity 701

Terna Spa Public Equity 689

CNOOC Ltd Npv Public Equity 689

CSPC Pharmaceutical Public Equity 687

Xcel Energy Inc. Public Equity 686

Singapore Exchange Public Equity 684

Largan Precision C Public Equity 683

Equitable Group Inc Public Equity 681

Exco Technologies Ltd Public Equity 680

North West Co Inc (The) Public Equity 679

S‐1 Corporation Public Equity 676

Harworth Group Plc Public Equity 672

Arcelik As Public Equity 668

Evolution Mining Ltd Public Equity 665

Korea Shipbuilding & Offshore Public Equity 665

Amsterdam Commodities NV Public Equity 664

China Petroleum & Chemical‐H Public Equity 659

Sands China Ltd Public Equity 656

Westshore Terminals Invt Corp Public Equity 650

Hon Hai Precision Industry Public Equity 645

Fuji Photo Film Co Ltd Public Equity 640

Yunnan Aluminium Co Ltd‐A (Sz Connect) Public Equity 640

Schoeller‐Bleckmann Oilfield E Public Equity 634

Want Want China Holdings Ltd. Public Equity 634

Koninklijke Ahold Nv Public Equity 627

Ausnet Services Public Equity 625

Kia Motors Corporation Public Equity 624

Jiangxi Copper Co Ltd‐H Public Equity 617

Canacol Energy Ltd Public Equity 616

IND & Comm Bk Of China‐H Public Equity 611

Acer Inc Public Equity 610

LG Display Co Ltd Public Equity 609

Beazley Plc Public Equity 605

Mcdonald's Corporation Public Equity 605

Dominion Energy Inc Public Equity 604

American Water Works Co I Public Equity 602

Artis REIT Public Equity 601

PTT Global Chemical Pcl Public Equity 598

Geberit Ag‐Reg Public Equity 597

Unilever Plc Public Equity 592

Tongling Nonferrous Metals‐A (Sz Connect) Public Equity 586

Enerplus Corp Public Equity 584

Steel Authority Of India Public Equity 583

WDB Holdings Co Ltd Public Equity 583

ATCO Ltd Public Equity 580

Chongqing Changan Auto‐A (Sz Connect) Public Equity 574

8

Sappi Limited Public Equity 573

Nisource Inc Public Equity 573

KDDI Corporation Public Equity 573

Shandong Nanshan Aluminum‐A (Sh Connect) Public Equity 567

Thai Oil Pcl ‐ Foreign Public Equity 564

PJSC Lukoil Sponsored ADR Public Equity 561

Kerry Group Public Equity 558

Douglas Dynamics Inc. Public Equity 557

Finning International Inc Public Equity 556

Tryg A/S Public Equity 556

OCI Co Ltd Public Equity 551

State Bank Of India Public Equity 546

Hormel Foods Corp Public Equity 546

GS Engineering & Construct Public Equity 545

CSG Holding Co Ltd‐ A (Sz Connect) Public Equity 543

Beiersdorf Ag Public Equity 543

Winbond Electronics Corp Public Equity 542

Hershey Co Public Equity 531

FDM Group Holdings Plc Public Equity 531

Irico Display Devices Co‐ A Public Equity 524

CITIC Securities Public Equity 518

Tongkun Group Co Ltd‐A (Sh Connect) Public Equity 517

Enerflex Ltd Public Equity 517

Marsh & Mclennan Cos Public Equity 516

Martinrea International Inc Public Equity 514

Wistron Corp Public Equity 509

Hannstar Display Corp Public Equity 506

Altagas Ltd Public Equity 505

Itau Unibanco Hldg Sa Spon ADR Public Equity 503

Yunnan Copper Co Ltd‐A (Sz Connect) Public Equity 503

Banque Cantonale Vaudois Public Equity 502

Turkcell Iletisim Hizmet AS Public Equity 500

Sagen MI Canada Inc Public Equity 500

KGHM Polska Miedz SA Public Equity 498

Glencore Plc Public Equity 495

Bechtle Ag Public Equity 490

China Construction Bank‐H Public Equity 489

China Railway Group Ltd‐H Public Equity 489

Capital Power Corp Public Equity 488

Hankook Tire & Technology Co Public Equity 485

Recipe Unlimited Corp Public Equity 480

Crombie Real Estate Inv Trust Public Equity 476

Dorel Industries Inc Public Equity 476

Agricultural Bank Of China‐H Public Equity 476

Sino Biopharmaceutical Public Equity 473

Bank Of Chengdu Co Ltd‐A (Sh Connect) Public Equity 471

Petkim Petrokimya Holding As Public Equity 471

W.R. Berkley Public Equity 471

Phison Electronics Corp Public Equity 466

CICC Beiqi Foton Motor Co Ltd‐A Public Equity 465

James Fisher & Sons Plc Public Equity 464

Globant S A Com Public Equity 464

Amerisourcebergen Corp Public Equity 462

Win Semiconductors Public Equity 460

Canon Inc. Public Equity 455

9

Nine Dragons Paper Holdings Npv Public Equity 454

South32 Ltd Npv Public Equity 452

KB Financial Group Inc Public Equity 448

Alrosa PJSC Public Equity 447

Rushydro PJSC Public Equity 446

Guangxi Liugong Machinery‐A (Sz Connect) Public Equity 445

Mitsubishi Corporation Public Equity 440

Beijing Yanjing Brewery Co‐A (Sz Connect) Public Equity 435

Bank Central Asia Tbk Pt Public Equity 430

Banco Bradesco SA Sp ADR Public Equity 428

Ennostar Inc Npv Public Equity 428

Polski Koncern Naftowy Orlen Public Equity 428

Nippon Telegraph & Teleph Public Equity 426

Aluminum Corp Of China Ltd‐H Public Equity 426

Kinsus Interconnect Tech Public Equity 425

Indian Oil Corporation Ltd Public Equity 425

Genscript Biotech Public Equity 421

Cominar REIT Public Equity 421

Laurentian Bank Of Canada Public Equity 420

MLS Co Ltd‐A (Sz Connect) Public Equity 418

Magellan Aerospace Corp Public Equity 418

Wuxi Taiji Indus Co Ltd‐A (Sh Connect) Public Equity 411

Banpu Public Co Ltd‐For Reg Public Equity 410

Lotte Chemical Corp Public Equity 407

Severn Trent Plc Public Equity 407

Bank Of Changsha Co Ltd‐A (Sh Connect) Public Equity 403

Chorus Aviation Inc Public Equity 402

Tal Ed Group Ads Repstg Co ADR Public Equity 401

ORG Technology Co Ltd‐A (Sz Connect) Public Equity 400

Greentown China Holdings Public Equity 399

Gilead Sciences Public Equity 396

Diageo Plc Public Equity 394

Rizhao Port Co Ltd Public Equity 394

Osaka Gas Co Ltd Public Equity 391

Japan Tobacco Inc Public Equity 390

Credit Suisse Group Ag Public Equity 389

Stingray Group Inc Public Equity 389

Daqin Railway Co Ltd ‐A (Sh Connect) Public Equity 386

Colruyt Sa Public Equity 381

China Galaxy Securities Co‐H Public Equity 379

Xuji Electric Co Ltd‐A (Sz Connect) Public Equity 379

Duke Realty Corp Public Equity 375

Faw Jiefang Group Co Ltd‐A (Sz Connect) Public Equity 373

Bank Of Baroda Public Equity 373

GPO Aero Del Pacifico Ser B Public Equity 370

Emlak Konut Gayrimenkul Yati Public Equity 369

APG SGA SA Public Equity 365

Credicorp Ltd Public Equity 363

Guangzhou R&F Properties ‐ H Public Equity 362

Bank Of China Ltd‐H Public Equity 362

Kansai Electric Public Equity 361

Inventec Corp Public Equity 359

CICC Triangle Tyre Co Ltd‐A Public Equity 356

Extra Space Storage Inc Public Equity 351

Beibuwan Port Co Ltd‐A (Sz Connect) Public Equity 351

10

Green Cross Corp Public Equity 345

Bank Of Communications Co‐H Public Equity 338

Airports Of Thailand (Nvdr) Public Equity 337

London Stock Exchange Group Public Equity 332

Chocoladefabriken Lindt‐P Public Equity 330

Fujian Star‐Net Communicat‐A (Sz Connect) Public Equity 327

Chongqing Department Store‐A (Sh Connect) Public Equity 325

Tupras‐Turkiye Petrol Rafine Public Equity 323

Pegatron Corp Public Equity 321

Relx Plc Public Equity 315

Uni‐Select Public Equity 314

Iamgold Corp Public Equity 313

Mitsui & Co Ltd Public Equity 312

Federal Grid Co Unified PJSC Public Equity 310

Yapi Ve Kredi Bankasi Public Equity 307

Bridgestone Corp Public Equity 302

Addcn Technology Public Equity 302

Turkiye Is Bankasi‐C Public Equity 298

DTE Energy Company Public Equity 296

CEMIG SA ‐Spons ADR Public Equity 296

WM Morrison Supermarkets Public Equity 294

Cia De Minas Buenaventur‐ADR Public Equity 293

SSE Plc Public Equity 292

Dongfang Electric Corp Ltd‐H Public Equity 292

IRPC Pcl ‐ Foreign Public Equity 290

Fomento Econ Mexico Public Equity 288

Tokio Marine Holdings Inc Public Equity 283

Rosseti PJSC Public Equity 282

Coloplast‐B Public Equity 280

Spark New Zealand Ltd Public Equity 279

Chugoku Electric Power Co Public Equity 279

Argonaut Gold Inc New Public Equity 278

Lupin Ltd Public Equity 276

Korea Electric Power Corp Public Equity 275

People's Insurance Co Group‐H Public Equity 274

Tricon Residential Inc Public Equity 274

HKT Trust / Hkt Ltd. Public Equity 272

Singapore Telecommunication Public Equity 271

HK Electric Investments Public Equity 271

Coretronic Corp Public Equity 270

Dollar General Corp Public Equity 269

Kellogg Co Public Equity 267

New Oriental Ed & Technolo ADR Public Equity 264

Sun Art Retail Group Ltd Npv Public Equity 263

Expeditors Intl Wash Inc Public Equity 263

Oversea‐Chinese Public Equity 262

Pizza Pizza Royalty Corp Public Equity 261

Novozymes A/S‐B Shares Public Equity 260

Lawson Inc. Public Equity 259

Ajinomoto Co Inc Public Equity 259

Clorox Company Public Equity 256

CLSA Jilin Sino‐Microelectronic‐A Public Equity 255

SK Networks Co Ltd Public Equity 253

Bank Hapoalim Ltd Public Equity 249

Cheng Shin Rubber Ind Co Ltd Public Equity 249

11

Costco Wholesale Corp Public Equity 248

Eurobank Ergasias Services And Holdings S.A. Public Equity 247

Zoetis Inc Public Equity 247

Shenzhen Laibao Hi‐Tech Co‐A (Sz Connect) Public Equity 245

National Bank Of Greece Public Equity 245

China Minsheng Banking‐H Public Equity 243

Tekfen Holding As Public Equity 235

Dogan Sirketler Grubu Hldgs Public Equity 227

Waste Connections Inc Public Equity 227

AGL Energy Ltd Public Equity 224

International CSRC Investment Hldgs Co Public Equity 222

Rostelecom PJSC Public Equity 220

China Petrochemical Dev Corp Public Equity 217

Hermes International Public Equity 215

Snam Spa Public Equity 214

Krka Dd Novo Mesto Public Equity 212

Daiwa House REIT Investment Public Equity 211

CME Group Inc. Public Equity 211

Xiamen King Long Motor Gr ‐A Public Equity 210

Equity Lifestyle Properties Public Equity 206

Storm Resources Ltd Public Equity 206

Alpha Bank AE Public Equity 204

Tehmag Foods Corp Public Equity 204

Embraer SA‐Spon ADR Public Equity 199

Mobile Telesystems PJSC Public Equity 193

Better Life Commercial CHA‐A (Sz Connect) Public Equity 193

Alliant Energy Corp Public Equity 192

Slate Office REIT Public Equity 191

Leon's Furniture Ltd Public Equity 186

Tauron Polska Energia SA Public Equity 180

Endesa S.A. Public Equity 179

Perusahaan Gas Public Equity 178

Shandong Haihua Co‐A Public Equity 173

Cosco Shipping Ports Ltd Public Equity 171

Koninklijke Vopak Nv Public Equity 166

J. Henry & Assoc Public Equity 166

Carrefour Sa Public Equity 164

Kinh Bac City Development Public Equity 163

Astrazeneca Plc Public Equity 161

PT Bank Negara IND Public Equity 160

PGE SA Public Equity 159

Eli Lilly & Co Public Equity 157

Nasdaq Omx Group (The) Public Equity 157

Everlight Electronics Co Ltd Public Equity 153

Groupe Bruxelles Public Equity 151

Poly Property Group Co Ltd Public Equity 151

Consolidated Edison Inc Public Equity 147

Air Products & Chemicals Public Equity 146

GPO Fin Banorte Public Equity 145

Mizuho Financial Group Public Equity 144

Direct Line Insurance Group Public Equity 141

Vivendi Public Equity 138

Intertek Group Plc Public Equity 134

Singapore Tech. Public Equity 134

Taseko Mines Ltd Public Equity 132

12

Tokyo Gas Co Public Equity 132

Seven & I Holdings Co Ltd Public Equity 131

SPDRS S&P 500 ETF Trust Public Equity 124

Bharat Heavy Electricals Public Equity 124

3SBio Inc Public Equity 124

Dynacor Gold Mines Inc Public Equity 124

High Arctic Energy Services Public Equity 122

Chesswood Group Ltd Public Equity 121

Vietnam National Petroleum G Public Equity 116

Livechat Software Sa Public Equity 114

HK & China Gas Public Equity 114

HTC Corp Public Equity 114

United Utilities Group Pl Public Equity 110

American Electric Power Public Equity 107

Ishares MSCI EAFE ETF Public Equity 107

Essity Aktiebolag‐B Public Equity 107

Medtronic Plc Public Equity 106

Japan Real Estate Invest Public Equity 105

TV18 Broadcast Ltd Public Equity 104

Yangarra Resources Ltd Public Equity 99

General Mills Inc Public Equity 99

Resmed Inc Public Equity 99

Tree Island Steel Ltd Public Equity 98

Sino‐Ocean Group Holding Ltd Npv Public Equity 98

Henkel KGAA Public Equity 97

Rinnai Public Equity 97

Glaxosmithkline Plc Public Equity 96

Supremex Inc Public Equity 94

KP Tissue Inc Public Equity 92

Amcor Plc Public Equity 86

Progressive Corp Public Equity 85

Beijing Hualian Hypermarket‐A Public Equity 85

Schindler Holdi Part Cert Public Equity 82

Power Assets Holdings Ltd Public Equity 81

Symrise Ag Public Equity 75

Southern Company Public Equity 74

Loews Corp Public Equity 74

Grifols SA Public Equity 71

Cerner Corporation Public Equity 70

Total Energy Services Inc Public Equity 69

ABC‐Mart Inc Public Equity 62

Barry Callebaut Ag‐Reg Public Equity 54

Lucara Diamond Corp Public Equity 49

MTR Corp Public Equity 46

Investor Ab‐B Shs Public Equity 45

Lundbergs AB‐B Public Equity 45

Italian‐Thai Develop ‐ Foreign Public Equity 28

Gemadept Corp Public Equity 27

Old Mutual Plc Public Equity 26

TVA Group Inc Cl B Public Equity 14

Proximus Public Equity 9

Ukrtelecom Public Equity 2

Iberdrola Public Equity 0

United Aircraft Corp PJSC Public Equity 0

13

Cash & Cash Equivalents Pool Fund Cash 31,287

Public Equity Total 1,215,825

PRIVATE EQUITY

Secondaries (4 Managers ‐ 7 Funds) Private Equity 38,100

Buyout (4 Managers ‐ 5 Funds) Private Equity 22,560

Growth (1 Manager ‐ 3 Funds) Private Equity 34,961

Venture Capital (3 Managers ‐ 6 Funds) Private Equity 16,492

Private Equity Total 112,113

GROWTH TOTAL 1,327,938

INFLATION SENSITIVE

REAL ESTATE

US Core Real Estate Real Estate 55,055

Canadian Core Real Estate Real Estate 32,114

Value Add Private Real Estate (3 Managers ‐ 4 Funds) Real Estate 13,468

Real Estate Total 100,637

NATURAL RESOURCE EQUITY

SPDR S&P Natural Resources ETF Public Equity 110,851

Natural Resource Equity Total 110,851

ENERGY & RENEWABLES

Private Energy & Renewables (4 Managers ‐ 5 Funds) Private Equity 50,795

Energy & Renewables Total 50,795

COMMODITIES

Commodities (1 Manager ‐ 1 Managed Account) Commodity Futures 16,907

Commodities Total 16,907

INFLATION SENSITIVE TOTAL 279,191

14

DEFLATION HEDGING

SOVEREIGN BONDS

Government Of Canada 1.000% 01‐JUN‐2027 Fixed Income 14,888









Sovereign Bonds Total 107,623

DEFLATION HEDGING TOTAL 107,623

DIVERSIFIERS

ABSOLUTE RETURN

Custom Hedge Fund Program (11 Managers ‐ 12 Funds) Absolute Return 106,810

Diversified Trend Following Program (6 Managers ‐ 6 Managed Accounts) Absolute Return 69,825

Absolute Return Total 176,635

Cash & Cash Equivalents Cash & Cash Equivalents 72,139

DIVERSIFIERS TOTAL 248,774

UEP TOTAL MARKET VALUE 1,963,526

15

March 31, 2021 Holdings

Documents

Transcript of March 31, 2021 Holdings