TOBAM Maximum Diversification All World Developed USD 31/03/2020 Instrument Weight APACHE CORP 0.00% BAKER HUGHES CO 0.02% BP PLC 0.22% CABOT OIL & GAS CORP 0.07% CANADIAN NATURAL RESOURCES 0.04% CENOVUS ENERGY INC 0.01% CHEVRON CORP 0.08% CONCHO RESOURCES INC 0.02% CONOCOPHILLIPS 0.09% DIAMONDBACK ENERGY INC 0.01% ENI SPA 0.05% EOG RESOURCES INC 0.06% EQUINOR ASA 0.04% GALP ENERGIA SGPS SA-B SHRS 0.02% HALLIBURTON CO 0.02% HOLLYFRONTIER CORP 0.01% IDEMITSU KOSAN CO LTD 0.01% IMPERIAL OIL LTD 0.01% INPEX HOLDINGS INC 0.02% INTER PIPELINE FUND LP-A 0.01% MARATHON OIL CORP 0.01% NATIONAL OILWELL VARCO INC 0.01% NESTE OIL OYJ 0.51% NOBLE ENERGY INC 0.01% OCCIDENTAL PETROLEUM CORP 0.03% OMV AG 0.02% PIONEER NATURAL RESOURCES CO 0.03% SCHLUMBERGER LTD 0.03% SUNCOR ENERGY INC 0.07% AGNICO-EAGLE MINES 0.52% AIR LIQUIDE 0.17% AKZO NOBEL 0.03% AMCOR PLC-CDI 0.02% APTARGROUP INC 0.02% TOBAM Maximum Diversification All World Developed USD 31/03/2020 Instrument Weight AVON RESOURCES LTD 0.20% BALL CORP 0.06% CCL INDUSTRIES INC - CL B 0.01% CHR HANSEN HOLDING A/S 0.05% CLARIANT AG-REG 0.01% CORTEVA INC 0.04% CRODA INTERNATIONAL PLC 0.02% EMS-CHEMIE HOLDING AG-REG 0.01% FIRST QUANTUM MINERALS LTD 0.01% FORTESCUE METALS GROUP LTD 0.04% FRANCO-NEVADA CORP 1.01% GIVAUDAN-REG 0.07% INTL FLAVORS & FRAGRANCES 0.04% JAMES HARDIE INDUSTRIES-CDI 0.01% KANSAI PAINT CO LTD 0.01% KIRKLAND LAKE GOLD LTD 0.31% LINDE PLC 0.03% MARTIN MARIETTA MATERIALS 0.03% MOSAIC CO/THE 0.01% NEWCREST MINING LTD 0.60% NEWMONT CORP 1.89% NIPPON PAINT CO LTD 0.03% NORTHERN STAR RESOURCES LTD 0.23% NOVOZYMES A/S-B SHARES 0.03% OJI PAPER CO LTD 0.01% PPG INDUSTRIES INC 0.05% RELIANCE STEEL & ALUMINUM 0.02% RIO TINTO PLC 0.12% ROYAL GOLD INC 0.32% SARACEN MINERAL HOLDINGS LTD 0.13% SEALED AIR CORP 0.01% SIKA AG-BR 0.05% SMURFIT KAPPA GROUP PLC 0.02% THYSSENKRUPP AG 0.01% TORAY INDUSTRIES INC 0.02% UMICORE 0.02% VULCAN MATERIALS CO 0.04% TOBAM Maximum Diversification All World Developed USD 31/03/2020 Instrument Weight WHEATON PRECIOUS METALS CORP 0.67% ADP 0.01% AENA SA 0.02% AIR CANADA-CLASS B 0.01% ALASKA AIR GROUP INC 0.01% ALFA LAVAL AB 0.01% ALL NIPPON AIRWAYS CO LTD 0.02% ASSA ABLOY AB-B 0.05% ATLANTIA SPA 0.02% AUCKLAND INTL AIRPORT LTD 0.01% BOUYGUES SA 0.02% BRAMBLES LTD 0.03% BUNZL PLC 0.02% BUREAU VERITAS SA 0.01% C.H. ROBINSON WORLDWIDE INC 0.03% CAE INC 0.01% CANADIAN NATL RAILWAY CO 0.15% CARLISLE COS INC 0.02% CENTRAL JAPAN RAILWAY CO 0.08% CK HUTCHISON HOLDINGS LTD 0.05% COPART INC 0.04% COSTAR GROUP INC 0.06% DELTA AIR LINES INC 0.04% DEUTSCHE LUFTHANSA-REG 0.04% DEUTSCHE POST AG-REG 0.05% DSV PANALPINA A/S 0.06% EAST JAPAN RAILWAY CO 0.07% EASYJET PLC 0.10% ELECTROLUX PROFESSIONAL AB-B 0.00% EPIROC AB-A 0.02% EXPERIAN PLC 0.07% FERGUSON PLC 0.04% FERROVIAL SA 0.03% GEA GROUP AG 0.01% GEBERIT AG-REG 0.04% GENERAL ELECTRIC CO 0.36% GETLINK SE 0.01% TOBAM Maximum Diversification All World Developed USD 31/03/2020 Instrument Weight HANKYU HANSHIN HOLDINGS INC 0.02% HD SUPPLY HOLDINGS INC 0.01% HEICO CORP-CLASS A 0.01% HOMESERVE PLC 0.01% HOSHIZAKI CORP 0.21% HOWDEN JOINERY GROUP PLC 0.07% HUNT (JB) TRANSPRT SVCS INC 0.02% IAA INC-W/I 0.11% IHI CORP 0.01% INTERTEK GROUP PLC 0.03% INTL CONSOLIDATED AIRLINE-DI 0.01% ISS A/S 0.03% ITOCHU CORP 0.08% JAPAN AIRLINES CO LTD 0.02% JARDINE MATHESON HLDGS LTD 0.34% JARDINE STRATEGIC HLDGS LTD 0.02% JOHNSON CONTROLS INTERNATION 0.06% JS GROUP CORP 0.15% KAJIMA CORP 0.01% KEIHAN ELECTRIC RAILWAY CO 0.01% KEIO CORP 0.02% KEISEI ELECTRIC RAILWAY CO 0.01% KEPPEL CORP LTD 0.01% KINGSPAN GROUP PLC 0.02% KINTETSU CORP 0.02% KONE OYJ-B 0.05% KUEHNE & NAGEL INTL AG-REG 0.02% KYUSHU RAILWAY COMPANY 0.01% LEGRAND SA 0.03% MAKITA CORP 0.02% MEGGITT PLC 0.01% MIDDLEBY CORP 0.01% MITSUBISHI CORP 0.08% MITSUBISHI HEAVY INDUSTRIES 0.02% MITSUI & CO LTD 0.06% MTR CORP 0.02% MTU AERO ENGINES HOLDING AG 0.02% TOBAM Maximum Diversification All World Developed USD 31/03/2020 Instrument Weight NAGOYA RAILROAD CO LTD 0.01% NIELSEN HOLDINGS PLC 0.01% NIPPON EXPRESS CO LTD 0.01% ODAKYU ELECTRIC RAILWAY CO 0.02% OWENS CORNING 0.01% PHILIPS LIGHTING NV 0.06% PROGRESSIVE WASTE SOLUTIONS 0.06% PRYSMIAN SPA 0.01% REED ELSEVIER PLC 0.11% RENTOKIL INITIAL PLC 0.02% REPUBLIC SERVICES INC 0.04% SECOM CO LTD 0.05% SECURITAS AB-B SHS 0.01% SG HOLDINGS CO LTD 0.02% SGS SA-REG 0.03% SHIMIZU CORP 0.01% SKANSKA AB-B SHS 0.02% SMS CO LTD 0.02% SOUTHWEST AIRLINES CO 0.05% SPIRAX-SARCO ENGINEERING PLC 0.02% SPIRIT AEROSYSTEMS HOLD-CL A 0.01% SYDNEY AIRPORT 0.02% TAISEI CORP 0.02% THOMSON REUTERS CORP 0.03% TOBU RAILWAY CO LTD 0.02% TOKYU CORP 0.03% TRANSURBAN GROUP 0.06% TRAVIS PERKINS PLC 0.12% UNION PACIFIC CORP 0.09% UNITED CONTINENTAL HOLDINGS 0.02% VESTAS WIND SYSTEMS A/S 0.83% VINCI SA 0.09% WABTEC CORP 0.02% WARTSILA OYJ 0.02% WASTE MANAGEMENT INC 0.11% WEST JAPAN RAILWAY CO 0.03% WOLTERS KLUWER 0.05% TOBAM Maximum Diversification All World Developed USD 31/03/2020 Instrument Weight WSP GLOBAL INC 0.02% WW GRAINGER INC 0.19% YAMATO HOLDINGS CO LTD 0.05% YANGZIJIANG SHIPBUILDING 0.10% ABC-MART INC 0.09% ACCOR SA 0.01% ADIDAS AG 0.13% ADVANCE AUTO PARTS INC 0.20% AMAZON.COM INC 0.91% ARAMARK 0.01% ASICS CORP 0.09% AUTOZONE INC 0.79% BARRATT DEVELOPMENTS PLC 0.02% BAYERISCHE MOTOREN WERKE AG 0.05% BELLWAY PLC 0.01% BERKELEY GROUP HOLDINGS/THE 0.02% BEST BUY CO INC 0.04% BOOKING HOLDINGS INC 0.10% BRIDGESTONE CORP 0.05% BRIGHT HORIZONS FAMILY SOLUT 0.02% BURBERRY GROUP PLC 0.02% BURLINGTON STORES INC 0.12% CANADIAN TIRE CORP -CL A 0.01% CARMAX INC 0.02% CARNIVAL CORP 0.01% CARNIVAL PLC 0.01% CHIPOTLE MEXICAN GRILL INC 0.99% COACH INC 0.01% COMPASS GROUP PLC 0.24% CONTINENTAL AG 0.02% DAIMLERCHRYSLER AG-REG 0.07% DARDEN RESTAURANTS INC 0.06% DOLLAR GENERAL CORP 0.91% DOLLAR TREE INC 0.34% DOLLARAMA INC 0.40% DOMINO'S PIZZA ENTERPRISES L 0.10% DOMINO'S PIZZA INC 0.06% TOBAM Maximum Diversification All World Developed USD 31/03/2020 Instrument Weight DR HORTON INC 0.03% DUNKIN' BRANDS GROUP INC 0.01% EBAY INC 0.06% ELECTROLUX AB-SER B 0.01% ESSILORLUXOTTICA 0.09% EXPEDIA GROUP INC 0.05% FAST RETAILING CO LTD 0.06% FIAT CHRYSLER AUTOMOBILES NV 0.02% FIVE BELOW 0.01% FORD MOTOR CO 0.05% FUJI HEAVY INDUSTRIES LTD 0.09% GALAXY ENTERTAINMENT GROUP L 0.03% GARMIN LTD 0.03% GENERAL MOTORS CO 0.07% GENTEX CORP 0.02% GENUINE PARTS CO 0.03% GILDAN ACTIVEWEAR INC 0.11% GOLDWIN INC 0.10% GREGGS PLC 0.11% GVC HOLDINGS PLC 0.01% HASBRO INC 0.03% HENNES & MAURITZ AB-B SHS 0.03% HERMES INTERNATIONAL 0.04% HIKARI TSUSHIN INC 0.01% HONDA MOTOR CO LTD 0.04% INCHCAPE PLC 0.04% INDITEX 0.08% INTERCONTINENTAL HOTELS GROU 0.02% JD SPORTS FASHION PLC 0.01% JUST EAT TAKEAWAY 0.30% K'S HOLDINGS CORP 0.10% KINGFISHER PLC 0.01% KOHLS CORP 0.12% LEAR CORP 0.01% LENNAR CORP-CL A 0.03% LKQ CORP 0.02% LULULEMON ATHLETICA INC 0.52% TOBAM Maximum Diversification All World Developed USD 31/03/2020 Instrument Weight MARKS & SPENCER GROUP PLC 0.01% MARUI GROUP CO LTD 0.11% MAZDA MOTOR CORP 0.01% MCDONALD'S CORP 0.34% MICHELIN (CGDE)-B 0.04% MINTH GROUP LTD 0.07% MOHAWK INDUSTRIES INC 0.02% NAGACORP LTD 0.08% NAMCO BANDAI HOLDINGS INC 0.51% NEWELL RUBBERMAID INC 0.21% NEXT PLC 0.25% NIKE INC -CL B 0.07% NIKON CORP 0.01% NISSAN MOTOR CO LTD 0.02% NITORI CO LTD 0.39% NVR INC 0.06% O'REILLY AUTOMOTIVE INC 0.06% OCADO GROUP PLC 0.27% ORIENTAL LAND CO LTD 0.10% PADDY POWER BETFAIR PLC GBP 0.02% PAN PACIFIC INTERNATIONAL HO 0.43% PANDORA A/S 0.17% PERSIMMON PLC 0.06% PEUGEOT SA 0.02% PLANET FITNESS INC - CL A 0.01% POOL CORP 0.02% PULTE HOMES INC 0.02% PUMA AG 0.01% PVH CORP 0.01% RAKUTEN INC 0.08% RESTAURANT BRANDS INTERNATIONAL INC 0.03% RINNAI CORP 0.11% ROSS STORES INC 0.06% RYOHIN KEIKAKU CO LTD 0.03% SANKYO CO LTD 0.03% SEKISUI HOUSE LTD 0.03% SERVICE CORP INTERNATIONAL 0.02% TOBAM Maximum Diversification All World Developed USD 31/03/2020 Instrument Weight SHIMAMURA CO LTD 0.04% SHIMANO INC 0.03% SKYLARK CO LTD 0.15% SODEXHO ALLIANCE SA 0.02% SONY CORP 0.20% STARBUCKS CORP 0.21% SUSHIRO GLOBAL HOLDINGS LTD 0.08% SUZUKI MOTOR CORP 0.10% TARGET CORP 0.16% TAYLOR WIMPEY PLC 0.01% TESLA MOTORS INC 1.01% TJX COMPANIES INC 0.15% TOYOTA MOTOR CORP 0.16% TRACTOR SUPPLY COMPANY 0.03% TUI AG-DI 0.01% ULTA SALON COSMETICS & FRAGR 0.34% VAIL RESORTS INC 0.02% VALEO SA 0.01% VF CORP 0.05% VOLKSWAGEN AG 0.01% VOLKSWAGEN AG PFD 0.06% WESFARMERS LTD 0.06% WHITBREAD PLC 0.01% XINYI GLASS HOLDINGS LTD 0.02% YAMADA DENKI CO LTD 0.14% YAMAHA CORP 0.02% YAMAHA MOTOR CO LTD 0.01% YUE YUEN INDUSTRIAL HLDG 0.06% YUM CHINA HOLDINGS INC 0.04% YUM! BRANDS INC 0.06% ZALANDO SE 0.20% ZENSHO CO LTD 0.09% ZOZO INC 0.07% A2 MILK CO LTD NZ 0.15% AEON CO LTD 0.04% AIN PHARMACIEZ INC 0.09% AJINOMOTO CO INC 0.09% TOBAM Maximum Diversification All World Developed USD 31/03/2020 Instrument Weight ALIMENTATION COUCHE-TARD -B 0.05% ANHEUSER-BUSCH INBEV SA/NV 0.10% ARCHER-DANIELS-MIDLAND CO 0.05% ASAHI BREWERIES LTD 0.04% ASSOCIATED BRITISH FOODS PLC 0.02% BAKKAFROST P/F 0.09% BARRY CALLEBAUT AG-REG 0.02% BEIERSDORF AG 0.07% BROWN-FORMAN CORP-CLASS B 0.05% BUNGE LTD 0.29% CAMPBELL SOUP CO 0.49% CARLSBERG AS-B 0.03% CARREFOUR SA 0.27% CHURCH & DWIGHT CO INC 0.27% CLOROX COMPANY 0.63% COCA-COLA CO/THE 0.47% COCA-COLA EUROPEAN PARTNERS USD 0.02% COCA-COLA HBC AG-CDI 0.01% COCA-COLA WEST HOLDINGS CO L 0.14% COLGATE-PALMOLIVE CO 0.16% COLRUYT SA 0.15% CONAGRA FOODS INC 0.05% CONSTELLATION BRANDS INC-A 0.08% COSMOS PHARMACEUTICAL CORP 0.06% COSTCO WHOLESALE CORP 0.26% DANONE 0.11% DAVIDE CAMPARI-MILANO SPA 0.01% DIAGEO PLC 0.21% ESSITY AKTIEBOLAG-B 0.05% ESTEE LAUDER COMPANIES-CL A 0.10% EZAKI GLICO CO LTD 0.09% FAMILYMART CO LTD 0.24% GENERAL