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Medical Assurance Society Retirement Savings Plan

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Medical Assurance Society Retirement Savings Plan Medical Assurance Society Retirement Savings Plan Fund Holdings As at 31 March 2020 Contents Conservative Fund 3 Moderate Fund 5 Balanced Fund 7 Growth Fund 9 Aggressive Fund 11 Global Equities Fund 13 2 Medical Assurance SocietySociety Retirement Retirement Savings Savings Plan Plan | Fund| Fund H Hr oldingsending 31as Marchat 31 March 2020 2020 Conservative Fund Holdings AAs at 31 March 2020 Asset Class & Holdings Total Cash and cash equivalents 18.87% JBWere Premium Call Account - NZD 14.24% Bank of China Term Deposit 2.27% BNZ Term Deposit 1.51% JBWere Premium Call Account - USD 0.58% JBWere Premium Call Account - AUD 0.22% JBWere Premium Call Account - EUR 0.05% New Zealand fixed interest 19.01% NZ Government inflation indexed bonds 20/09/2030 11.46% Vector Bond 14/03/2024 1.62% IAG 15/06/2043 1.46% Chorus Limited 06/12/2023 1.22% Quayside Holdings Perpetual Security 1.16% Christchurch Intl. Airport 04/10/2021 0.78% Bank of China 17/10/2022 0.67% Infratil Ltd 15/12/2029 0.53% ANZ Bank Ltd 25/05/2020 0.12% International fixed interest 45.78% Hunter Global Fixed Interest Fund 45.78% New Zealand equities 4.12% Fisher & Paykel Healthcare Ltd 0.75% A2 Milk Company Ltd 0.72% Infratil Ltd 0.46% Meridian Energy Limited 0.40% Spark New Zealand Ltd 0.26% Mainfreight Ltd 0.24% Fletcher Building Ltd 0.20% Auckland International Airport Ltd 0.18% Port of Tauranga Ltd 0.16% Mercury NZ Limited 0.16% Chorus Ltd 0.15% Metlifecare Ltd 0.12% Investore Property Limited 0.11% Z Energy Ltd 0.08% 3 Asset Class & Holdings Total Freightways Ltd 0.07% Ebos Group Ltd 0.04% Kiwi Property Group Ltd 0.03% Australian equities 0.73% CSL Limited 0.18% Afterpay Limited 0.11% Resmed Inc 0.09% Telstra Corp Ltd 0.08% Suncorp Group Ltd 0.06% Macquarie Group Ltd 0.05% Bingo Industries Limited 0.05% News Corp-CDI Class B 0.04% Coles Group Ltd 0.02% National Australia Bank Ltd 0.02% Wesfarmers Limited 0.01% International equities 11.49% MAS Responsible Investing Global Mandate* 10.28% Technology Select Sector SPDR Exchange Traded Fund 0.86% Health Care Select Sector SPDR Exchange Traded Fund 0.44% SPDR S&P Bank Exchange Traded Fund 0.41% iShares U.S. Medical Devices 0.25% iShares EUR 600 Telecoms DE 0.22% Alphabet Inc Class A 0.07% Netflix Inc 0.04% AUD/NZD forward exchange contract 0.02% CAD/NZD forward exchange contract -0.01% GBP/NZD forward exchange contract -0.03% CHF/NZD forward exchange contract -0.03% JPY/NZD forward exchange contract -0.09% EUR/NZD forward exchange contract -0.11% USD/NZD forward exchange contract -0.81% Grand Total 100% Holdings are subject to change at any time. * The detailed holdings are on the MAS website 4 Moderate Fund Holdings A As at 31 March 2020 Asset Class & Holdings Total Cash and cash equivalents 10.67% JBWere Premium Call Account - NZD 5.93% Bank of China Term Deposit 1.64% BNZ Term Deposit 1.64% JBWere Premium Call Account - USD 0.99% JBWere Premium Call Account - AUD 0.35% JBWere Premium Call Account - EUR 0.11% New Zealand fixed interest 17.11% NZ Government inflation indexed bonds 20/09/2030 2.22% Vector Bond 14/03/2024 2.10% IAG 15/06/2043 2.06% Chorus Limited 06/12/2023 1.91% ANZ Bank Ltd 20/03/2024 1.67% Bank of China 17/10/2022 1.61% Infratil Ltd 15/06/2022 1.22% ASB Bank Ltd 15/12/2021 1.14% Christchurch Intl. Airport 04/10/2021 0.84% Mighty River Power Limited 07/09/2021 0.80% Infratil Ltd 15/12/2029 0.72% ANZ Bank Ltd 25/05/2020 0.58% Westpac Banking 01/09/2021 0.24% International fixed interest 41.64% Hunter Global Fixed Interest Fund 41.64% New Zealand equities 8.05% Fisher & Paykel Healthcare Ltd 1.48% A2 Milk Company Ltd 1.42% Infratil Ltd 0.90% Meridian Energy Limited 0.78% Spark New Zealand Ltd 0.51% Mainfreight Ltd 0.47% Fletcher Building Ltd 0.39% Auckland International Airport Ltd 0.34% Port of Tauranga Ltd 0.31% Mercury NZ Limited 0.30% 5 Asset Class & Holdings Total Chorus Ltd 0.28% Metlifecare Ltd 0.28% Z Energy Ltd 0.16% Freightways Ltd 0.14% Investore Property Limited 0.14% Ebos Group Ltd 0.08% Kiwi Property Group Ltd 0.05% Australian equities 1.49% CSL Limited 0.36% Afterpay Limited 0.21% Resmed Inc 0.19% Telstra Corp Ltd 0.17% Suncorp Group Ltd 0.13% Bingo Industries Limited 0.11% Macquarie Group Ltd 0.11% News Corp-CDI Class B 0.08% Coles Group Ltd 0.06% National Australia Bank Ltd 0.04% Wesfarmers Limited 0.03% International equities 21.04% MAS Responsible Investing Global Mandate* 18.82% Technology Select Sector SPDR Exchange Traded Fund 1.57% Health Care Select Sector SPDR Exchange Traded Fund 0.80% SPDR S&P Bank Exchange Traded Fund 0.75% iShares U.S. Medical Devices 0.45% iShares EUR 600 Telecoms DE 0.41% Alphabet Inc Class A 0.14% Netflix Inc 0.06% AUD/NZD forward exchange contract 0.04% CAD/NZD forward exchange contract -0.01% GBP/NZD forward exchange contract -0.05% CHF/NZD forward exchange contract -0.06% JPY/NZD forward exchange contract -0.17% EUR/NZD forward exchange contract -0.21% USD/NZD forward exchange contract -1.49% Grand Total 100% Holdings are subject to change at any time. * The detailed holdings are on the MAS website 6 Balanced Fund Holdings AAs at 31 March 2020 Asset Class & Holdings Total Cash and cash equivalents 10.76% JBWere Premium Call Account - NZD 5.35% Bank of China Term Deposit 1.86% JBWere Premium Call Account - USD 1.70% BNZ Term Deposit 1.24% JBWere Premium Call Account - AUD 0.46% JBWere Premium Call Account - EUR 0.14% New Zealand fixed interest 12.68% NZ Government inflation indexed bonds 20/09/2030 3.10% Vector Bond 14/03/2024 1.59% Chorus Limited 06/12/2023 1.44% Westpac Banking 01/09/2021 0.98% ANZ Bank Ltd 20/03/2024 0.94% Bank of China 17/10/2022 0.84% IAG 15/06/2043 0.81% ANZ Bank Ltd 25/05/2020 0.64% Quayside Holdings Perpetual Security 0.64% Infratil Ltd 15/06/2022 0.62% Infratil Ltd 15/12/2029 0.53% Mighty River Power Limited 07/09/2021 0.30% ASB Bank Ltd 15/12/2021 0.28% International fixed interest 27.15% Hunter Global Hunter Global Fixed Interest Fund 27.15% New Zealand equities 12.64% Fisher & Paykel Healthcare Ltd 2.32% A2 Milk Company Ltd 2.23% Kiwi Property Group Ltd 0.09% Meridian Energy Limited 1.24% Infratil Ltd 1.42% Spark New Zealand Ltd 0.83% Mainfreight Ltd 0.75% Fletcher Building Ltd 0.62% Auckland International Airport Ltd 0.56% Mercury NZ Limited 0.49% Port of Tauranga Ltd 0.49% 7 Asset Class & Holdings Total Chorus Ltd 0.46% Metlifecare Ltd 0.38% Z Energy Ltd 0.25% Freightways Ltd 0.23% Investore Property Limited 0.15% Ebos Group Ltd 0.14% Australian equities 2.55% CSL Limited 0.62% Afterpay Limited 0.35% Resmed Inc 0.33% Telstra Corp Ltd 0.29% Suncorp Group Ltd 0.22% Bingo Industries Limited 0.20% Macquarie Group Ltd 0.18% News Corp-CDI Class B 0.14% Coles Group Ltd 0.10% National Australia Bank Ltd 0.07% Wesfarmers Limited 0.06% International equities 34.22% MAS Responsible Investing Global Mandate* 30.60% Technology Select Sector SPDR Exchange Traded Fund 2.56% Health Care Select Sector SPDR Exchange Traded Fund 1.30% SPDR S&P Bank Exchange Traded Fund 1.21% iShares U.S. Medical Devices 0.73% iShares EUR 600 Telecoms DE 0.66% Alphabet Inc Class A 0.22% Netflix Inc 0.11% AUD/NZD forward exchange contract 0.07% CAD/NZD forward exchange contract -0.02% GBP/NZD forward exchange contract -0.08% CHF/NZD forward exchange contract -0.09% JPY/NZD forward exchange contract -0.28% EUR/NZD forward exchange contract -0.34% USD/NZD forward exchange contract -2.42% Grand Total 100% Holdings are subject to change at any time. * The detailed holdings are on the MAS website 8 Growth Fund Holdings As at 31 March 2020 Asset Class & Holdings Total Cash and cash equivalents 7.09% JBWere Premium Call Account - NZD 2.54% JBWere Premium Call Account - USD 2.44% Bank of China Term Deposit 0.67% JBWere Premium Call Account - AUD 0.67% BNZ Term Deposit 0.54% JBWere Premium Call Account - EUR 0.23% New Zealand fixed interest 5.71% NZ Government inflation indexed bonds 20/09/2030 2.93% Vector Bond 14/03/2024 0.54% Chorus Limited 06/12/2023 0.54% IAG 15/06/2043 0.52% ANZ Bank Ltd 25/05/2020 0.36% Quayside Holdings Perpetual Security 0.29% Infratil Ltd 15/12/2029 0.18% ASB Bank Ltd 15/12/2021 0.16% Westpac Banking 01/09/2021 0.13% Bank of New Zealand 17/12/2020 0.07% International fixed interest 16.74% Hunter Global Fixed Interest Fund 16.74% New Zealand equities 17.64% Fisher & Paykel Healthcare Ltd 3.29% A2 Milk Company Ltd 3.01% Infratil Ltd 1.91% Meridian Energy Limited 1.69% Spark New Zealand Ltd 1.28% Mainfreight Ltd 1.02% Fletcher Building Ltd 0.84% Auckland International Airport Ltd 0.80% Port of Tauranga Ltd 0.66% Chorus Ltd 0.66% Mercury NZ Limited 0.66% Metlifecare Ltd 0.58% Z Energy Ltd 0.34% 9 Asset Class & Holdings Total Freightways Ltd 0.31% Investore Property Limited 0.25% Ebos Group Ltd 0.18% Kiwi Property Group Ltd 0.14% Australian equities 3.53% CSL Limited 0.85% Afterpay Limited 0.51% Resmed Inc 0.45% Telstra Corp Ltd 0.37% Suncorp Group Ltd 0.29% Bingo Industries Limited 0.27% Macquarie Group Ltd 0.26% News Corp-CDI Class B 0.20% Coles Group Ltd 0.15% National Australia Bank Ltd 0.10% Wesfarmers Limited 0.08% International equities 47.95% MAS Responsible Investing Global Mandate* 42.88% Technology Select Sector SPDR Exchange Traded Fund 3.58% Health Care Select Sector SPDR Exchange Traded Fund 1.83% SPDR S&P Bank Exchange Traded Fund 1.70% iShares U.S.
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