Medical Assurance Society Responsible Investing Global Mandate Holdings

As at 31 March 2020 Asset Name % of fund net assets Security Code Microsoft Corporation 6.66% 2588173 Alphabet Inc. - Class C 2.10% BYY88Y7 Alphabet Inc. - Class A 2.03% BYVY8G0 Alibaba Group Holdings Ltd 1.97% BP41ZD1 Holdings Ltd 1.64% BMMV2K8 Visa Inc. - Class A 1.62% B2PZN04 Procter & Gamble Co. 1.60% 2704407 Intel Corporation 1.37% 2463247 Roche Holding AG 1.32% 7110388 Taiwan Semiconductor Manufacturing Company 1.30% 6889106 Verizon Communications Inc. 1.29% 2090571 Mastercard Inc. - Class A 1.27% B121557 Home Depot Inc. 1.20% 2434209 Walt Disney Co. 1.01% 2270726 Pepsico Inc. 0.97% 2681511 Adobe Inc. 0.89% 2008154 Nvidia Corporation 0.89% 2379504 Abbott Laboratories 0.81% 2002305 Toyota Motor Corporation 0.80% 6900643 Amgen Inc. 0.71% 2023607 Salesforce.Com Inc. 0.70% 2310525 ASML Holding NV 0.66% B929F46 Thermo Fisher Scientific Inc. 0.66% 2886907 AbbVie Inc. 0.65% B92SR70 SAP SE 0.64% 4846288 Novo Nordisk A/S 0.61% BHC8X90 Accenture Plc - Class A 0.60% B4BNMY3 Nike Inc. - Class B 0.60% 2640147 Inernational Business Machines Corporation 0.57% 2005973 American Tower Corporation 0.56% B7FBFL2 Gilead Sciences Inc. 0.55% 2369174 Texas Instruments Inc. 0.54% 2885409 Linde Plc 0.54% BZ12WP8 Danaher Corporation 0.50% 2250870 Starbucks Corporation 0.45% 2842255 Sony Corporation 0.44% 6821506 Toronto-Dominion Bank 0.44% 2897222 Mondelez International Inc. 0.42% B8CKK03 Allianz SE 0.42% 5231485 Unilever NV 0.41% B1527V7 Tesla Inc. 0.41% B616C79 Cigna Corporation 0.39% BHJ0775 Lowe's Companies Inc. 0.38% 2536763 United Parcel Service - Class B 0.38% 2517382 L'Oreal SA 0.38% 4057808 Siemens AG 0.37% 5727973 Caterpillar Inc. 0.37% 2180201 CME Group Inc. - Class A 0.37% 2965839 Becton, Dickinson and Company 0.36% 2087807 Vertex Pharmaceuticals Inc. 0.36% 2931034 Keyence Corporation 0.36% 6490995 S&P Global Inc. 0.35% BYV2325 Intuit Inc. 0.35% 2459020 American Express Co. 0.35% 2026082 TJX Companies Inc. 0.35% 2989301

1 Asset Name % of fund net assets Security Code Prologis Inc. 0.34% B44WZD7 Biogen Inc. 0.34% 2455965 Automatic Data Processing Inc. 0.34% 2065308 Zoetis Inc. 0.33% B95WG16 Booking Holdings Inc. 0.33% BDRXDB4 Unilever plc 0.32% B10RZP7 Canadian National Railway Co. 0.32% 2180632 Reckitt Benckiser Group plc 0.31% B24CGK7 Colgate-Palmolive Co. 0.31% 2209106 Group 0.31% B01FLR7 Zurich Insurance Group AG 0.31% 5983816 Equinix Inc. 0.30% BVLZX12 KDDI Corporation 0.30% 6248990 Chubb Ltd. 0.30% B3BQMF6 Blackrock Inc. - Class A 0.29% 2494504 Bank Of Nova Scotia 0.29% 2076281 Schneider Electric SE 0.27% 4834108 Illinois Tool Works Company 0.27% 2457552 Intercontinental Exchange 0.27% BFSSDS9 Nintendo Co. Ltd. 0.26% 6639550 Kimberly-Clark Corporation 0.26% 2491839 Progressive Corporation 0.25% 2705024 Shopify Inc. - Class A 0.25% BX865C7 CSX Corporation 0.25% 2160753 Marsh & Mclennan Companies Inc. 0.25% 2567741 Applied Materials Inc. 0.25% 2046552 PNC Financial Services Group Inc. 0.24% 2692665 Humana Inc. 0.24% 2445063 Deere & Company 0.24% 2261203 RELX plc 0.24% B2B0DG9 NTT DoCoMo Inc 0.24% 6129277 Truist Financial Corporation 0.24% BKP7287 Danone SA 0.23% B1Y9TB3 Edwards Lifesciences 0.23% 2567116 Adidas AG 0.23% 4031976 Baxter International Inc. 0.23% 2085102 Illumina Inc. 0.23% 2613990 Charles Schwab Corporation 0.23% 2779397 Kao Corporation 0.23% 6483809 Kering 0.22% 5505072 Norfolk Southern Corporation 0.22% 2641894 Aon Plc - Class A 0.22% B5BT0K0 Koninklijke Philips NV 0.22% 5986622 SK hynix Inc. 0.21% 6450267 Moody's Corporation 0.21% 2252058 Recruit Holdings Co. Ltd. 0.21% BQRRZ00 Hong Kong Exchanges & Clearing Ltd 0.21% 6267359 Shin Etsu Chemical Co Ltd Jpy50 0.20% 6804585 Autodesk Inc. 0.20% 2065159 Estee Lauder Companies - Class A 0.20% 2320524 Centene Corporation 0.20% 2807061 Axa SA 0.20% 7088429 Roper Technologies Inc. 0.19% 2749602 Prudential plc 0.19% 709954 Lonza Group AG 0.19% 7333378

2 Asset Name % of fund net assets Security Code ABB Ltd. 0.19% 7108899 Eaton Corporation Plc 0.19% B8KQN82 SBA Communications Corporation - Class A 0.19% BZ6TS23 Sumitomo Mitsui Financial Group 0.19% 6563024 General Mills Inc. 0.18% 2367026 Bank Of Montreal 0.18% 2076009 Tokyo Electron Ltd. 0.18% 6895675 Hoya Corporation 0.18% 6441506 Ross Stores Inc. 0.18% 2746711 Newmont Corporation 0.18% 2636607 Daikin Industries Ltd. 0.18% 6250724 Allstate Corporation 0.18% 2019952 Electronic Arts Inc. 0.17% 2310194 Astellas Pharma Inc. 0.17% 6985383 EssilorLuxottica SA 0.17% 7212477 London Stock Exchange Group 0.17% B0SWJX3 Muenchener Rueckver AG 0.17% 5294121 Tokio Marine Holdings Inc. 0.17% 6513126 Murata Manufacturing Co Ltd Npv 0.16% 6610403 Koninklijke Ahold Delhaize NV 0.16% BD0Q398 Givaudan 0.16% 5980613 Cie Financiere Richemont SA 0.16% BCRWZ18 Bank Of New York Mellon Corporation 0.16% B1Z77F6 Industria de Diseno Textil SA 0.16% BP9DL90 HP Inc. 0.16% BYX4D52 Deutsche Boerse AG 0.15% 7021963 Oriental Land Co. Ltd. 0.15% 6648891 Chugai Pharmaceutical Ltd. 0.15% 6196408 DexCom Inc. 0.15% B0796X4 Canadian Imperial Bank Of Commerce 0.15% 2170525 Kroger Co. 0.15% 2497406 The Travelers Companies Inc. 0.15% 2769503 Orange SA 0.15% 5176177 DuPont de Nemours Inc. 0.14% BK0VN47 Fast Retailing Co. Ltd. 0.14% 6332439 Shiseido Co. Ltd. 0.14% 6805265 Terumo Corporation 0.14% 6885074 Intesa Sanpaolo SpA 0.14% 4076836 HCA Healthcare Inc 0.14% B4MGBG6 Compass Group plc 0.14% BD6K457 E.ON SE 0.14% 4942904 Central Japan Railway Co. 0.14% 6183552 IHS Markit Ltd. 0.14% BD0Q558 Atlas Copco AB - A Shares 0.14% BD97BN2 East Japan Railway Co. 0.14% 6298542 eBay Inc. 0.14% 2293819 American Water Works Co. Inc. 0.14% B2R3PV1 T Rowe Price Group Inc. 0.14% 2702337 Agilent Technologies Inc. 0.14% 2520153 DBS Group Holdings Ltd. 0.13% 6175203 ResMed Inc. 0.13% 2732903 CRH plc 0.13% 4182249 Idexx Laboratories Inc. 0.13% 2459202 Sun Hung Kai Properties 0.13% 6859927 Alcon Inc. 0.13% BJT1GR5

3 Asset Name % of fund net assets Security Code PACCAR Inc. 0.13% 2665861 Koninklijke DSM NV 0.13% B0HZL93 MercadoLibre Inc. 0.13% B23X1H3 Banco Bilbao Vizcaya Argentaria 0.13% 5501906 Veeva Systems Inc. - Class A 0.13% BFH3N85 Sika AG 0.13% BF2DSG3 Clorox Company 0.13% 2204026 American International Group 0.13% 2027342 Willis Towers Watson plc 0.12% BDB6Q21 TE Connectivity Ltd. 0.12% B62B7C3 Swiss Re AG 0.12% B545MG5 Cummins Inc. 0.12% 2240202 Amadeus IT Group SA 0.12% B3MSM28 Investor AB - Class B 0.12% 5679591 Lululemon Athletica Inc. 0.12% B23FN39 Prudential Financial Inc. 0.12% 2819118 Wolters Kluwer NV 0.12% 5671519 Marriott International - Class A 0.12% 2210614 Ball Corporation 0.12% 2073022 Essity AB 0.12% BF1K7P7 Franco-Nevada Corporation 0.12% B29NF31 Johnson Controls International plc 0.12% BY7QL61 PPG Industries Inc. 0.12% 2698470 Telefonica SA 0.12% 5732524 Trane Technologies plc 0.12% BK9ZQ96 Sun Life Financial Inc. 0.12% 2566124 Ing Groep NV 0.11% BZ57390 Cadence Design Systems Inc. 0.11% 2302232 Assa Abloy AB 0.11% BYPC1T4 Fastenal Co. 0.11% 2332262 Hilton Worldwide Holdings Inc. 0.11% BYVMW06 State Street Corporation 0.11% 2842040 Oversea-Chinese Banking Corporation 0.11% B0F9V20 IQVIA Holdings Inc. 0.11% BDR73G1 0.11% B1DYPZ5 MediaTek Inc. 0.11% 6372480 Citrix Systems Inc. 0.11% 2182553 Cerner Corporation 0.11% 2185284 Chipotle Mexican Grill Inc. 0.11% B0X7DZ3 VF Corporation 0.11% 2928683 PT Bank Central Asia Tbk 0.11% B01C1P6 Infineon Technologies AG 0.11% 5889505 Rockwell Automation Inc. 0.10% 2754060 Panasonic Corporation 0.10% 6572707 Secom Co. Ltd. 0.10% 6791591 Welltower Inc. 0.10% BYVYHH4 Bayerische Motoren Werke AG 0.10% 5756029 Parker Hannifin Corporation 0.10% 2671501 McCormick & Co. 0.10% 2550161 Kyocera Corporation 0.10% 6499260 Link REIT 0.10% B0PB4M7 Smith & Nephew plc 0.10% 922320 Keysight Technologies Inc. 0.10% BQZJ0Q9 Northern Trust Corporation 0.10% 2648668 Eisai Co. Ltd. 0.10% 6307200

4 Asset Name % of fund net assets Security Code Kellogg Co. 0.10% 2486813 Kerry Group plc 0.10% 4519579 Marvell Technology Group Ltd. 0.10% 2594653 Fresenius SE & Co. KGaA 0.10% 4352097 Banco Bradesco SA 0.10% B00FM53 Biomarin Pharmaceutical Inc. 0.10% 2437071 Fujitsu Ltd. 0.09% 6356945 Orix Corporation 0.09% 6661144 Assicurazioni Generali SpA 0.09% 4056719 Komatsu Ltd. 0.09% 6496584 Stanley Black & Decker Inc. 0.09% B3Q2FJ4 Copart Inc. 0.09% 2208073 Mitsubishi Estate Co. Ltd. 0.09% 6596729 Chunghwa Telecom Co. Ltd. 0.09% 6287841 Alexandria Real Estate Equities 0.09% 2009210 Coloplast A/S 0.09% B8FMRX8 Michelin 0.09% 4588364 Mettler-Toledo International 0.09% 2126249 Boston Properties Inc. 0.09% 2019479 Deutsche Wohnen SE 0.09% B0YZ0Z5 Rogers Communications Inc. - Class B 0.09% 2169051 Hong Kong & Co. Ltd. 0.09% 6436557 Legal & General Group plc 0.09% 560399 Arthur J Gallagher & Co. 0.09% 2359506 Ferguson plc 0.09% BJVNSS4 Merck KGaA 0.09% 4741844 Uni-Charm Corporation 0.08% 6911485 Genmab A/S 0.08% 4595739 Vestas Wind Systems A/S 0.08% 5964651 Align Technology Inc. 0.08% 2679204 Hang Seng Bank 0.08% 6408374 Kansas City Southern 0.08% 2607647 Mitsui Fudosan Co. Ltd. 0.08% 6597603 Xylem Inc. 0.08% B3P2CN8 Aviva plc 0.08% 216238 First Republic Bank 0.08% B4WHY15 Akzo Nobel NV 0.08% BJ2KSG2 Compagnie De Saint Gobain SA 0.08% 7380482 B3 - Brasil Bolsa Balcao SA 0.08% BG36ZK1 Aeon Co. Ltd. 0.08% 6480048 Tiffany & Co. 0.08% 2892090 Singapore Telecommunications Ltd. 0.08% B02PY22 Henkel Ag & Co KGaA - Non-voting 0.08% 5076705 Lindt & Spruengli AG 0.08% 5962309 Cardinal Health Inc. 0.08% 2175672 CTBC Financial Holding Co. Ltd. 0.08% 6527666 Fresenius Medical Care AG 0.08% 5129074 CP All pcl 0.08% B08YDH1 Aptiv plc 0.08% B783TY6 Daiwa House Industry Co. Ltd. 0.07% 6251363 Teleperformance SE 0.07% 5999330 AmerisourceBergen Corporation 0.07% 2795393 Denso Corporation 0.07% 6640381 Swisscom AG 0.07% 5533976 Ameriprise Financial Inc. 0.07% B0J7D57

5 Asset Name % of fund net assets Security Code Best Buy Co. Inc. 0.07% 2094670 Mega Financial Holding Co. Ltd. 0.07% 6444066 Hormel Foods Corporation 0.07% 2437264 Healthpeak Properties Inc. 0.07% BJBLRK3 The Hartford Financial Services Group Inc. 0.07% 2476193 Arch Capital Group Ltd. 0.07% 2740542 M & T Bank Corporation 0.07% 2340168 The Cooper Companies Inc. 0.07% 2222631 Teleflex Inc. 0.07% 2881407 Kubota Corporation 0.07% 6497509 Hewlett Packard Enterprise 0.07% BYVYWS0 MS&AD Insurance Group Holding 0.07% B2Q4CS1 UDR Inc. 0.07% 2727910 China Overseas Land & Investment Ltd. 0.07% 6192150 Shionogi & Co. Ltd. 0.07% 6804682 CGI Inc. 0.07% BJ2L575 China Mengniu Dairy Co. 0.07% B01B1L9 West Japan Railway Co. 0.07% 6957995 Waters Corporation 0.07% 2937689 Ferrovial SA 0.07% B038516 International Flavors & Fragrances Inc. 0.07% 2464165 Domino's Pizza Inc. 0.07% B01SD70 Open Text Corporation 0.07% 2260824 Weyerhaeuser Co. 0.07% 2958936 Cathay Financial Holding Co. 0.07% 6425663 DNB ASA 0.07% 4263304 Sekisui House Ltd. 0.07% 6793906 Laboratory Corporation of America Holdings 0.07% 2586122 Wheaton Precious Metals Corporation 0.07% BF13KN5 BT Group plc 0.07% 3091357 Fomento Economico Mexicano SAB de CV 0.07% 2242059 Sysmex Corporation 0.07% 6883807 Liberty Broadband-C Lbrdk 0.07% BRTLC06 Omnicom Group Com Usd0.15 0.07% 2279303 Atlas Copco AB - B Shares 0.07% BD97BS7 International Paper Co Com Usd1 0.06% 2465254 Cbre Group Inc 0.06% B6WVMH3 Meituan Dianping-Class B 0.06% BGJW376 Fifth Third Bank 0.06% 2336747 Jack Henry & Associates Inc. 0.06% 2469193 Samsung SDI Co. Ltd. 0.06% 6771645 UCB SA 0.06% 5596991 Discover Financial Services 0.06% B1YLC43 Steris plc 0.06% BFY8C75 WW Grainger Inc. 0.06% 2380863 Duke Realty Corporation 0.06% 2284084 Fubon Financial Holding Co. 0.06% 6411673 KBC Groep NV 0.06% 4497749 LG Chem Ltd. 0.06% 6346913 Expeditors International Inc 0.06% 2325507 KeyCorp 0.06% 2490911 Grifols SA 0.06% BYY3DX6 Principal Financial Group 0.06% 2803014 Hasbro Inc 0.06% 2414580 KB Financial Group Inc. 0.06% B3DF0Y6

6 Asset Name % of fund net assets Security Code Skandinaviska Enskilda Banken 0.06% 4813345 Nasdaq Inc. 0.06% 2965107 Lennar Corporation 0.06% 2511920 Delta Electronics Inc. 0.06% 6260734 NEC Corporation 0.06% 6640400 Quest Diagnostics Inc. 0.06% 2702791 Metro Inc. - A Class 0.06% 2583952 Burlington Stores Inc. 0.06% BF311Y5 Sompo Holdings Inc. 0.06% B62G7K6 Telenor ASA 0.06% 4732495 Shinhan Financial Group Ltd. 0.06% 6397502 Public Bank Berhad 0.06% B012W42 Tractor Supply Company 0.06% 2900335 Uni-President Enterprises Co. 0.06% 6700393 Omron Corporation 0.06% 6659428 Dollarama Inc. 0.06% B4TP9G2 IDEX Corporation 0.06% 2456612 NCSoft Corporation 0.06% 6264189 Hennes & Mauritz AB - B Shares 0.06% 5687431 Beiersdorf AG 0.05% 5107401 PT Bank Rakyat Indonesia Tbk 0.05% 6709099 Segro plc 0.05% B5ZN1N8 (Hong Kong) Holdings Ltd. 0.05% 6536112 Masco Corporation 0.05% 2570200 Telia Company AB 0.05% 5978384 Swedbank AB - A Shares 0.05% 4846523 Hankyu Hanshin Holdings Inc. 0.05% 6408664 Group 0.05% B0MP1B0 Vmware Inc. - Class A 0.05% B23SN61 E.Sun Financial Holdings Co. 0.05% 6433912 Magna International Inc. - Class A 0.05% 2554475 Sonova Holding AG 0.05% 7156036 Factset Research Systems Inc. 0.05% 2329770 Novozymes A/S - B Shares 0.05% B798FW0 Garmin Ltd. 0.05% B3Z5T14 Ulta Salon Cosmetics & Fragrance Inc. 0.05% B28TS42 Genuine Parts Co. 0.05% 2367480 LG Household & Health Care 0.05% 6344456 Nan Ya Plastics Corporation 0.05% 6621580 TD Ameritrade Holding Corporation 0.05% 2983154 Lindt & Spruengli AG - Non-voting 0.05% 5962280 Elisa Oyj - A Shares 0.05% 5701513 Elanco Animal Health Inc. 0.05% BF5L3T2 Sumitomo Mitsui Trust Holdings Inc. 0.05% 6431897 Agnico Eagle Mines Ltd. 0.05% 2009823 3i Group plc 0.05% B1YW440 Allegion plc 0.05% BFRT3W7 Terna SpA 0.05% B01BN57 ENN Energy Holdings Ltd. 0.05% 6333937 Intertek Group plc 0.05% 3163836 CSPC Pharmaceutical Group Ltd 0.05% 6191997 China Gas Holdings Ltd. 0.05% 6460794 Celanese Corporation - Series A 0.05% B05MZT4 Techtronic Industries Co. 0.05% B0190C7 Hologic Inc. 0.05% 2433530

7 Asset Name % of fund net assets Security Code Carrefour SA 0.05% 5641567 Varian Medical Systems Inc. 0.05% 2927516 Qiagen NV 0.05% BYXS699 Expedia Inc. 0.05% B748CK2 Croda International plc 0.05% BJFFLV0 CenturyLink Inc. 0.05% 2185046 CarMax Inc. 0.05% 2983563 Regions Financial Corporation 0.05% B01R311 C.H. Robinson Worldwide Inc. 0.05% 2116228 Asahi Kasei Corporation 0.05% 6054603 Essential Utilities Inc. 0.05% BLCF3J9 Ascendas REIT 0.05% 6563875 Coca-Cola European Partners 0.05% BYQQ3P5 Umicore 0.05% BF44466 NVR Inc. 0.05% 2637785 Bank Leumi 0.05% 6076425 Ono Pharmaceutical Co. Ltd. 0.05% 6660107 Mitsubishi Chemical Holdings 0.05% B0JQTJ0 Ase Technology Holdings Co. Ltd. 0.05% BFXZDY1 Sartorius AG 0.05% 5843329 Citizens Financial Group 0.05% BQRX1X3 Dentsply Sirona Inc. 0.05% BYNPPC6 WPP plc 0.05% B8KF9B4 Huntington Bancshares Inc. 0.05% 2445966 Kingspan Group plc 0.05% 4491235 Koninklijke KPN NV 0.05% 5956078 United Rentals Inc. 0.04% 2134781 E*Trade Financial Corporation 0.04% 2299011 Services Holdings 0.04% BDQZP48 Credit Agricole SA 0.04% 7262610 Perkinelmer Inc. 0.04% 2305844 Nitto Denko Corporation 0.04% 6641801 NN Group NV 0.04% BNG8PQ9 Ingenico Group 0.04% 4196897 Julius Baer Group Ltd. 0.04% B4R2R50 Host Hotels & Resorts Inc. 0.04% 2567503 Raymond James Financial Inc. 0.04% 2718992 Mondi plc 0.04% B1CRLC4 Kintetsu Group Holdings Co. Ltd. 0.04% 6492968 Associated British Foods plc 0.04% 673123 Trimble Ltd. 0.04% 2903958 Straumann Holding AG 0.04% 7156832 Eurofins Scientific 0.04% 5972643 China Steel Corporation 0.04% 6190950 SVB Financial Group 0.04% 2808053 Henry Schein Inc. 0.04% 2416962 Chr Hansen Holding A/S 0.04% B573M11 Liberty Global Inc. 0.04% B8W67B1 Newmont Corporation 0.04% BJYKTV2 Ajinomoto Inc. 0.04% 6010906 Tokyu Corporation 0.04% 6896548 Automobile Holdings Ltd. 0.04% 6531827 Unibail-Rodamco-Westfield SE 0.04% BFYM460 Vifor Pharma AG 0.04% BZ12TW4 Kuehne & Nagel International AG 0.04% B142S60

8 Asset Name % of fund net assets Security Code China Minsheng Banking 0.04% B57JY24 Red Electrica Corporacion SA 0.04% BD6FXN3 MTR Corporation 0.04% 6290054 Siam Cement pcl 0.04% 6609928 Henkel Ag & Co KGaA 0.04% 5002465 Resona Holdings Inc. 0.04% 6421553 Taiwan Mobile Co. Ltd. 0.04% 6290496 Bank Hapoalim 0.04% 6075808 Perrigo Co plc 0.04% BGH1M56 Taisei Corporation 0.04% 6870100 Quanta Computer Inc. 0.04% 6141011 Intercontinental Hotels Group 0.04% BHJYC05 Regency Centers Corporation 0.04% 2726177 Yakult Honsha Co. Ltd. 0.04% 6985112 United Microelectronics Corporation 0.04% 6916628 Yaskawa Electric Corporation 0.04% 6986041 Rakuten Inc. 0.04% 6229597 Obayashi Corporation 0.04% 6656407 Nomura Research Institute 0.04% 6390921 Advanced Info Service 0.04% 6412609 Adecco Group AG 0.04% 7110720 China Conch Venture Holdings 0.04% BH7HM06 Grupo Financiero Banorte SAB de CV 0.04% 2421041 Itausa 0.04% 2458771 WM Morrison Supermarkets 0.04% 604316 Hotai Motor Company Ltd. 0.04% 6417165 WuXi Biologics 0.04% BZ3C3R5 Campbell Soup Co. 0.04% 2162845 Arconic Inc. 0.04% BD3D9G5 Stora Enso Oyj 0.04% 5072673 LKQ Corporation 0.04% 2971029 Next plc 0.04% 3208986 American Financial Group Inc. 0.04% 2134532 Federal Realty Investment Trust 0.04% 2333931 HKT Trust & HKT Ltd. 0.04% B4TXDZ3 Standard Life Aberdeen plc 0.04% BF8Q6K6 Exor NV 0.04% BYSLCX9 Informa plc 0.04% BMJ6DW5 Pinduoduo Inc. 0.04% BYVW0F7 Hitachi High-Tech Corporation 0.04% 6642804 Advance Auto Parts Inc. 0.04% 2822019 Bouygues SA 0.04% 4002121 Iron Mountain Inc. 0.04% BVFTF03 Darden Restaurants Inc. 0.04% 2289874 OTP Bank plc 0.04% 7320154 Whitbread plc 0.04% B1KJJ40 Burberry Group plc 0.04% 3174300 Royal Caribbean Cruises Ltd. 0.04% 2754907 Tele2 AB - B Shares 0.04% B97C733 CaixaBank 0.04% B283W97 Tobu Railway Co. Ltd. 0.04% 6895169 Eiffage SA 0.04% B13X013 AsusTek Computer Inc. 0.04% 6051046 Toray Industries Inc. 0.04% 6897143 Fortune Brands Home & Security Inc. 0.04% B3MC7D6

9 Asset Name % of fund net assets Security Code Mowi ASA 0.04% B02L486 Airports Of Thailand PCL 0.04% 6741206 Daifuku Co. Ltd. 0.03% 6250025 Alibaba Health Information Technology Ltd. 0.03% BRXVS60 Abiomed Inc. 0.03% 2003698 Lennox International Inc. 0.03% 2442053 Atos SE 0.03% 5654781 Odakyu Electric Railway Co. 0.03% 6656106 Assurant Inc. 0.03% 2331430 Vipshop Holdings Ltd. 0.03% B3N0H17 Solvay SA 0.03% 4821100 Samsung Electro-Mechanics Co. 0.03% 6771689 Heidelbergcement AG 0.03% 5120679 Catcher Technology Co. Ltd. 0.03% 6186669 Pulte Group Inc. 0.03% 2708841 PT Astra International Tbk 0.03% B800MQ5 Orkla ASA 0.03% B1VQF42 Discovery Inc. - C Class 0.03% B3D7KG4 Santen Pharmaceutical Co. Ltd. 0.03% 6776606 Telus Corporation 0.03% 2381093 Ionis Pharmaceutical Inc. 0.03% BDJ0LS6 DCC plc 0.03% 242493 Suntory Beverage & Food Ltd. 0.03% BBD7Q84 Sumitomo Metal Mining Co. Ltd. 0.03% 6858849 Signature Bank 0.03% B00JQL9 Keio Corporation 0.03% 6487362 Bunge Ltd. 0.03% 2788713 Malayan Banking Berhad 0.03% 6556325 Zions Bancorporation 0.03% 2989828 Barratt Developments plc 0.03% 81180 Gecina SA 0.03% 7742468 Vail Resorts Inc. 0.03% 2954194 Groupe Eurotunnel SE 0.03% B292JQ9 Snap-On Inc. 0.03% 2818740 Digi.Com Berhad 0.03% 6086242 Hitachi Chemical Co. Ltd. 0.03% 6429126 Robert Half International Inc. 0.03% 2110703 Voya Financial Inc. 0.03% BKWQ2N2 Wsp Global Inc. 0.03% BHR3R21 Lojas Renner SA 0.03% B0CGYD6 Hydro One Ltd. 0.03% BYYXJY9 RSA Insurance Group plc 0.03% BKKMKR2 T&D Holdings Inc. 0.03% 6744294 AAC Technologies Holdings Inc. 0.03% B85LKS1 CNH Industrial NV 0.03% BDSV2V0 Ally Financial Inc. 0.03% B72XK05 People's United Financial Inc. 0.03% B1W41J2 Coca-Cola HBC AG 0.03% B9895B7 Newell Brands Inc. 0.03% 2635701 Jones Lang LaSalle Inc. 0.03% 2040640 Hana Financial Group 0.03% B0RNRF5 George Weston Ltd. 0.03% 2956662 Boliden AB 0.03% BJV12J7 Southwest Airlines Co. 0.03% 2831543 LG Corporation 0.03% 6537030

10 Asset Name % of fund net assets Security Code Kikkoman Corporation 0.03% 6490809 NTT Data Corporation 0.03% 6125639 Sartorius Stedim Biotech 0.03% BYZ2QP5 Yamaha Corporation 0.03% 6642387 Klepierre SA 0.03% 7582556 Powszechny Zaklad Ubezpiecze SA 0.03% B63DG21 Berkeley Group Holdings 0.03% B02L3W3 Nissin Foods Holdings Co. Ltd. 0.03% 6641760 WEG SA 0.03% 2945422 Whirlpool Corporation 0.03% 2960384 Bangkok Dusit Medical Services 0.03% B013SV4 BorgWarner Inc. 0.03% 2111955 Gjensidige Forsikring ASA 0.03% B4PH0C5 Lincoln National Corporation 0.03% 2516378 Pearson plc 0.03% 677608 Sun Art Retail Group 0.03% B3MPN59 SK Telecom Co. Ltd. 0.03% 6224871 Franklin Resources Inc. 0.03% 2350684 Swire Pacific Ltd. 0.03% 6867748 Jazz Pharmaceuticals plc 0.03% B4Q5ZN4 East West Bancorp Inc. 0.03% 2487407 First Financial Holding Co. 0.03% 6580119 Lotte Chemical Corporation 0.03% 6440020 LG Electronics Inc. 0.03% 6520739 Reinsurance Group Of America 0.03% 2731193 SK Holdings Co. Ltd. 0.03% B39Z8L3 Lenovo Group Ltd. 0.03% 6218089 Otsuka Corporation 0.03% 6267058 PT Bank Mandiri Tbk 0.03% 6651048 Delta Air Lines Inc. 0.03% B1W9D46 Kingfisher plc 0.03% 3319521 Dai Nippon Printing Co. Ltd. 0.03% 6250906 Contemporary Amperex Technology Co. Ltd. 0.03% BHQPSY7 Notre Dame Intermedica Participacoes SA 0.03% BF4J7K6 Sekisui Chemical Co. 0.03% 6793821 Orion Corporation 0.03% B17NY40 Nagoya Railroad Co. Ltd. 0.03% 6619864 Acuity Brands Inc. 0.03% 2818461 Samsung Fire & Marine Insurance 0.03% 6155250 bioMerieux 0.03% BF0LBX7 British Land Co. plc 0.03% 136701 Kinross Gold Corporation 0.03% B03Z841 China Co. Ltd. 0.03% BN320P8 Aramark Corporation 0.03% BH3XG17 Ralph Lauren Corporation - Class A 0.03% B4V9661 Shimadzu Corporation 0.03% 6804369 Axalta Coating Systems Ltd. 0.03% BSFWCF5 Mindray Bio-Medical Electronics Co. Ltd. 0.03% BHQK864 CCL Industries Inc. - Class B 0.03% 2159795 Canadian Tire Corporation - Class A 0.03% 2172286 Taylor Wimpey plc 0.03% 878230 Yuanta Financial Holding Co. Ltd. 0.03% 6424110 Hellenic Telecommun Organization SA 0.03% 5051605 Lundbergs AB - B Shares 0.03% 4538002 Aegon NV 0.03% 5927375

11 Asset Name % of fund net assets Security Code Toto Limited 0.03% 6897466 Singapore Exchange Ltd. 0.03% 6303866 Nielsen Holdings plc 0.02% BWFY550 Lite-On Technology Corporation 0.02% 6519481 Mohawk Industries Inc. 0.02% 2598699 Kingdee International Software Group 0.02% 6327587 Skanska AB - B Shares 0.02% 7142091 Comerica Inc. 0.02% 2212870 Shimizu Corporation 0.02% 6804400 Top Glove Corporation 0.02% B05L892 Sainsbury plc 0.02% B019KW7 Fosun Pharmaceutical (Group) Co. Ltd. 0.02% B8XBQ96 The Mosaic Company 0.02% B3NPHP6 Kyushu Railway Company 0.02% BD2BST6 Hua Nan Financial Holdings Co. Ltd. 0.02% 6411877 Jeronimo Martins SGPS SA 0.02% B1Y1SQ7 Toyo Suisan Kaisha Ltd. 0.02% 6899967 Amorepacific Corporation 0.02% B15SK50 China CITIC Bank Corporation Ltd. 0.02% B1W0JF2 Nippon Prologis REIT Inc. 0.02% B98BC67 Invesco Ltd. 0.02% B28XP76 Autoliv Inc. 0.02% 2064253 Discovery Inc. - A Class 0.02% B3D7K31 Hisamitsu Pharmaceutical Co. Ltd. 0.02% 6428907 Benesse Holdings Inc. 0.02% 6121927 Natixis 0.02% B1HDJL2 Pandora A/S 0.02% B44XTX8 Banco do Brasil SA 0.02% 2328595 Telefonica Brasil 0.02% B3ZCNF7 Kajima Corporation 0.02% 6481320 CapitaLand Mall Trust 0.02% 6420129 Recordati SpA 0.02% B07DRZ5 Accor SA 0.02% 5852842 Valeo SA 0.02% BDC5ST8 Harley-Davidson Inc. 0.02% 2411053 Industrivarden AB - C Shares 0.02% B1VSK54 Commerzbank AG 0.02% B90LKT4 Guangzhou Automobile Group 0.02% B433995 Kansai Paint Co. Ltd. 0.02% 6483746 Cimb Group Holdings Berhad 0.02% 6075745 Electrolux AB - Series B 0.02% B1KKBX6 First Quantum Minerals Ltd. 0.02% 2347608 CapitaLand Ltd. 0.02% 6309303 WuXi AppTec Co. Ltd. 0.02% BGHH0L6 CyberAgent Inc. 0.02% 6220501 Nippon Express Co. Ltd. 0.02% 6642127 Sinopac Financial Holdings 0.02% 6525875 Zhongsheng Group Holdings 0.02% B633D97 Bank Pekao SA 0.02% 5473113 FarEasTone Telecomm Co. Ltd. 0.02% 6421854 ICA Gruppen AB 0.02% B0S1651 Sohgo Security Services Co. 0.02% 6546359 Hirose Electric Co. Ltd. 0.02% 6428725 Yuhan Corporation 0.02% 6988337 City Developments Ltd. 0.02% 6197928

12 Asset Name % of fund net assets Security Code Owens Corning Inc. 0.02% B1FW7Q2 Axiata Group Berhad 0.02% B2QZGV5 Hitachi Metals Ltd. 0.02% 6429201 Kinnevik AB 0.02% BK9X805 Carl Zeiss Meditec AG 0.02% 5922961 Teijin Ltd. 0.02% 6880507 Hulic Co. Ltd. 0.02% 6805317 ITV plc 0.02% 3398649 Schroders plc 0.02% 240549 Far Eastern New Century Corporation 0.02% 6331470 Teck Resources Ltd. - Class B 0.02% 2879327 Taishin Financial Holdings 0.02% 6451680 Tapestry Inc. 0.02% BF09HX3 IHH Healthcare Berhad 0.02% B83X6P8 Turkcell Iletisim Hizmet AS 0.02% B03MYN3 Globant SA 0.02% BP40HF4 Nabtesco Corporation 0.02% 6687571 Marks & Spencer Group plc 0.02% 3127489 NGK Insulators Ltd. 0.02% 6619507 PPB Group Berhad 0.02% 6681669 PCCW Ltd. 0.02% 6574071 Mitsui Chemicals Inc. 0.02% 6597368 Banco de Sabadell SA 0.02% B1X8QN2 Toho Co. Ltd. 0.02% 6895200 Leggett & Platt Inc. 0.02% 2510682 Richter Gedeon Nyrt. 0.02% BC9ZH86 CapitaLand Commercial Trust 0.02% B011YD2 Kuala Lumpur Kepong Berhad 0.02% 6497446 Chailease Holding Co. Ltd. 0.02% B58J1S8 Alfresa Holdings Corporation 0.02% 6687214 Nestle (Malaysia) Berhad 0.02% 6629335 Hitachi Construction Machinery Co. Ltd. 0.02% 6429405 BYD Co. Ltd. 0.02% 6536651 Kurita Water Industries Ltd. 0.02% 6497963 H Lundbeck A/S 0.02% 7085259 Sega Sammy Holdings Inc. 0.02% B02RK08 CJ CheilJedang Corporation 0.02% B2492F5 China International Capital Corporation 0.02% BZ169C6 Empire Co. Ltd. - Class A 0.02% 2314000 Telefonica Deutschland Holding AG 0.02% B7VG6L8 First Capital Real Estate Investment Trust 0.02% BKSLS55 Inner Mongolia Yili Industrial Group 0.02% BP3R2V7 Blackberry Ltd. 0.02% BCBHZ31 CAE Inc. 0.02% 2162760 Swire Properties Ltd. 0.02% B67C2G0 51Job Inc. 0.02% B02TT74 Mizrahi Tefahot Bank Ltd. 0.02% 6916703 Kasikornbank PCL 0.02% 6888794 Andritz AG 0.02% B1WVF68 Tim Participacoes SA 0.02% 2292560 Cemex SAB de CV 0.02% 2406457 Yamada Denki Co. Ltd. 0.02% 6985026 ManpowerGroup Inc. 0.02% 2562490 Wayfair Inc.- Class A 0.02% BQXZP64 Mitsubishi UFJ Lease & Finance Co. Ltd. 0.02% 6268976

13 Asset Name % of fund net assets Security Code Hanesbrands Inc. 0.02% B1BJSL9 RHB Bank Berhad 0.02% 6244675 SES - FDR 0.02% B00ZQQ2 Kuraray Company Limited 0.02% 6497662 Kimberly-Clark De Mexico - A Shares 0.02% 2491914 Hanmi Pharm Co. Ltd. 0.02% B613DJ9 China Everbright Bank Co. Ltd. 0.02% B5NRRJ0 Stanley Electric Co. Ltd. 0.02% 6841106 Demant A/S 0.02% BZ01RF1 Petronas Dagangan Berhad 0.02% 6695938 Colruyt SA 0.02% 5806225 Yokogawa Electric Corporation 0.02% 6986427 Casino Guichard Perrachon SA 0.02% 4178419 NGK Spark Plug Co. Ltd. 0.02% 6619604 ASM Pacific Technology Ltd. 0.02% 6002453 Cheng Shin Rubber Industry Co. Ltd. 0.02% 6190228 Lundin Mining Corporation 0.02% 2866857 Atacadao Distribuicao Comercio 0.02% BF7LBH4 Jiangsu Express Co. Ltd. 0.02% 6005504 Gruma SAB de CV 0.02% 2392545 Genscript Biotech Corporation 0.02% BD9Q2J2 Canadian Apartment Properties Real Estate Investment Trust 0.02% 2117599 Nikon Corporation 0.02% 6642321 Meggitt plc 0.02% 575809 Liberty Global plc 0.02% B8W6766 Tryg A/S 0.02% BXDZ972 PVH Corporation 0.02% B3V9F12 Japan Retail Fund Investment Corporation 0.02% 6513342 Air China Limited 0.02% B04KNF1 B2W Cia Digital 0.02% B1LH3Y1 Nomura Real Estate Holdings 0.02% B1CWJM5 Central Pattana PCL 0.02% B013L15 Land & Houses PCL 0.02% 6581941 Norsk Hydro ASA 0.02% B11HK39 Bts Group Holdings PCL 0.02% B0H72C9 Klabin SA 0.02% BJ0K6Z9 China Vanke Co. Ltd. - A Class 0.02% BD5CPW8 Indofood Sukses Makmur Tbk 0.02% 6283979 Boc Aviation Ltd. 0.02% BYZJV17 Konami Holdings Corporation 0.02% 6496681 Localiza Rent A Car SA 0.02% B08K3S0 China Medical System Holdings Ltd. 0.02% B6WY993 Park24 Co. Ltd. 0.01% 6667733 Aeon Financial Service Co. 0.01% 6037734 0.01% B1Z7FX0 Ana Holdings Inc. 0.01% 6014908 AMERCO 0.01% 2028174 LG Household & Health Care Ltd. 0.01% 6346935 Beijing Enterprises Water Group Ltd. 0.01% B01YCG0 Millicom International Cellular SA 0.01% B00L2M8 Companhia de Concessão Rodoviária 0.01% 2840970 Arca Continental SAB de CV 0.01% 2823885 Coway Co. Ltd. 0.01% 6173401 Advantech Co. Ltd. 0.01% 6202673 Sinopharm Group Co. Ltd. 0.01% B3ZVDV0

14 Asset Name % of fund net assets Security Code Kamigumi Co. Ltd. 0.01% 6482668 Amorepacfic Group 0.01% 6665931 Unilever Indonesia Tbk 0.01% 6687184 Wistron Corporation 0.01% 6672481 Natura & Co Holding SA 0.01% BJRFY31 Hartalega Holdings Berhad 0.01% B2QPJK5 Jardine Cycle & Carriage Ltd. 0.01% 6242260 Bayerische Motoren Werke AG - Non-voting 0.01% 5756030 Cyfrowy Polsat SA 0.01% B2QRCM4 Grupo Bimbo SAB de CV 0.01% 2392471 Kohls Corporation 0.01% 2496113 WuXi AppTec Co. Ltd. - A Class 0.01% BHWLWV4 Hino Motors Ltd. 0.01% 6428305 AMMB Holdings Berhad 0.01% 6047023 Spirit AeroSystems Holdings - Class A 0.01% B1HMMS7 Energisa SA 0.01% B56XQT8 Yageo Corporation 0.01% 6984380 LG Display Co. Ltd. 0.01% B01VZN9 Alibaba Pictures Group Ltd. 0.01% BPYM749 Baozun Inc. 0.01% BY2ZJ69 Energy Absolute PCL 0.01% B9L4K92 Singapore Airlines Ltd. 0.01% 6811734 Home Product Center PCL 0.01% 6418555 Giant Manufacturing Co. Ltd. 0.01% 6372167 Gildan Activewear Inc. 0.01% 2254645 Compal Electronics 0.01% 6225744 Norwegian Cruise Line Holdinings 0.01% B9CGTC3 Eurazeo SE 0.01% 7042395 China Everbright International Ltd. 0.01% 6630940 Wendel 0.01% 7390113 Kalbe Farma Tbk 0.01% B7311V6 Coca-Cola Femsa SAB de CV 0.01% BHHP0S4 Sumitomo Dainippon Pharma Co. Ltd. 0.01% 6250865 Kasikornbank PCL - Non-voting 0.01% 6364766 A-Living Services Co. Ltd. 0.01% BFWK4M2 Co. Ltd. 0.01% BD5CP95 3SBio Inc. 0.01% BY9D3L9 Cia Brasiliera de Distribuicao 0.01% 2667793 Konica Minolta Inc. 0.01% 6496700 brMalls Participacoes SA 0.01% B1RYG58 Nanya Technology Corporation 0.01% 6283601 Muangthai Capital PCL 0.01% BSNLDQ2 Grupo Aeroportuario de Sureste - Series B 0.01% 2639349 Maxis Berhad 0.01% B5387L5 Husqvarna AB - B Shares 0.01% B12PJ24 United Tractors Tbk 0.01% 6230845 Poly Real Estate Group Co. Ltd. 0.01% BP3R336 Bankinter SA 0.01% 5474008 Metro AG 0.01% BD6QT83 Baoshan Iron & Steel Co. Ltd. - A Shares 0.01% BP3R2Y0 Taiwan High Speed Rail Corporation 0.01% B04BGQ6 PT Bank Negara Indonesia Tbk 0.01% 6727121 Capri Holdings Ltd. 0.01% BJ1N1M9 Uol Group Limited 0.01% 6916844 PT Barito Pacific Tbk 0.01% 6070706

15 Asset Name % of fund net assets Security Code Shanghai Pharmaceuticals Holding Co. Ltd. 0.01% B4Q4CJ6 Siam Commercial Bank 0.01% 6363172 Hankook Tire & Technology Co. Ltd. 0.01% B7T5KQ0 Ipsen 0.01% B0R7JF1 JCDecaux SA 0.01% 7136663 Cia Energetica Minas Ger-Prf Pfd Brl5.00 0.01% B1YBRG0 Taiwan Business Bank 0.01% 6098816 Fraport AG 0.01% 7107551 Tripadvisor Inc. 0.01% B6ZC3N6 AU Optronics Corporation 0.01% 6288190 Hiwin Technologies Corporation 0.01% B1YMYT5 China Merchants Shekou Industrial Zone Holdings Co. Ltd. 0.01% BD5CPM8 Nordstrom Inc. 0.01% 2641827 West Fraser Timber Co. Ltd. 0.01% 2951098 Singapore Press Holdings Ltd. 0.01% B012899 Under Armour Inc. - Class A 0.01% B0PZN11 Indorama Ventures PCL 0.01% B5KZ7P3 EasyJet plc 0.01% B7KR2P8 CNP Assurances SA 0.01% 5543986 China Lesso Group 0.01% BCDBKF8 Travelsky Technology Ltd. 0.01% 6321954 Minor International PCL 0.01% B018C28 Cielo SA 0.01% B614LY3 Voestalpine AG 0.01% 4943402 Banco Santander (Brasil) SA 0.01% B4V5RY4 Under Armour Inc. - Class C 0.01% BDF9YM2 Ultrapar Participacoes SA 0.01% B0FHTN1 LPP SA 0.01% 7127979 Cogna Educacao SA 0.01% BHNWPB7 China Molybdenum Co. Ltd. 0.01% B1VRCG6 Santander Bank Polska SA 0.01% 7153639 NMC Health plc 0.01% B7FC076 Alpha Bank SA 0.01% BZ1MXR7 Schibsted ASA - B Shares 0.00% BWVFKQ3 Hong Leong Bank Berhad 0.00% 6436892 Malaysia Airports Holdings Berhad 0.00% 6188193 PT Jasa Marga (Persero) Tbk 0.00% B28T1S7 Grand Total 100%

16 The RIAA Certification Symbol signifies that a product or service offers an investment style that takes into account certain environmental, social, governance or ethical considerations. The Symbol also signifies that the Medical Assurance Society KiwiSaver Plan and Medical Assurance Society Retirement Savings Plan adhere to the strict operational and disclosure practices required under the Responsible Investment Certification Program for the category of Superfund Option. The Certification Symbol is a Registered Trade Mark of the Responsible Investment Association Australasia (RIAA). Detailed information about RIAA, the Symbol and the Medical Assurance Society KiwiSaver Plan and Medical Assurance Society Retirement Savings Plan methodology and performance can be found at www.responsiblereturns. com.au, together with details about other responsible investment products certified by RIAA.

The Responsible Investment Certification Program does not constitute financial product advice. Neither the Certification Symbol nor RIAA recommends to any person that any financial product is a suitable investment or that returns are guaranteed. Appropriate professional advice should be sought prior to making an investment decision. RIAA does not hold an Australian Financial Services Licence.