GLOBAL STOCK PORTFOLIO Schedule of Investments as of September 30, 2019 (unaudited) Shares Common Stock (81.0%) Value Shares Common Stock (81.0%) Value Communications Services (6.6%) Consumer Discretionary (9.9%) - continued 74,500 Activision Blizzard, Inc. $3,942,540 18,367 WH Smith plc $448,797 15,942 Alphabet, Inc., Class Aa 19,467,414 83,600 Yahoo Japan Corporation 235,533 3,316 Alphabet, Inc., Class Ca 4,042,204 Total 108,760,203 525,329 Auto Trader Group plcb 3,292,569 35,528 CBS Corporation 1,434,265 Consumer Staples (4.9%) 172,114 Comcast Corporation 7,758,899 16,400 Arcs Company, Ltd. 344,835 61,143 Facebook, Inc.a 10,888,346 21,494 Carlsberg AS 3,176,342 267,000 HKT Trust and HKT, Ltd. 423,548 21,277 ForFarmers BV 134,028 8,758 Ipsos SA 249,484 5,160 Glanbia plc 64,115 40,500 KDDI Corporation 1,056,756 374,400 Japan Tobacco, Inc. 8,202,970 267,790 Mediaset Espana Comunicacion SAc 1,726,137 14,259 Kimberly-Clark Corporation 2,025,491 22,317 Rightmove plc 151,001 2,884 L'Oreal SA 806,568 116,927 Seven West Media, Ltd.a 30,808 5,200 Ministop Company, Ltd. 67,008 127,156 Telenor ASA 2,551,245 63,486 Monster Beverage Corporationa 3,685,997 423,535 Telstra Corporation, Ltd. 1,003,975 43,231 Nestle SA 4,688,598 93,400 TV Asahi Holdings Corporation 1,474,450 44,504 Philip Morris International, Inc. 3,379,189 187,043 Verizon Communications, Inc. 11,289,916 47,100 Sugi Holdings Company, Ltd. 2,556,134 21,018 Wolters Kluwer NV 1,533,584 97,300 Sundrug Company, Ltd. 3,070,143 Total 72,317,141 7,600 TSURUHA Holdings, Inc. 829,947 82,005 Unilever NV 4,924,205 Consumer Discretionary (9.9%) 134,841 Unilever plc 8,104,167 26,262 Alibaba Group Holding, Ltd. ADRa 4,391,794 63,732 Wal-Mart Stores, Inc. 7,563,714 16,305 Amazon.com, Inc.a 28,304,013 Total 53,623,451 11,400 AOKI Holdings, Inc. 109,945 19,000 Aoyama Trading Company, Ltd. 331,611 Energy (3.2%) 29,258 Aptiv plc 2,557,734 90,546 BP plc ADRc 3,439,843 13,200 Autobacs Seven Company, Ltd. 216,471 73,763 Chevron Corporation 8,748,292 155,599 Barratt Developments plc 1,238,662 4,057 Enterprise Products Partners, LP 115,949 29,700 Benesse Holdings, Inc. 773,689 3,418 Gaztransport Et Technigaz SA 338,172 54,346 Berkeley Group Holdings plc 2,790,351 80,773 Halliburton Company 1,522,571 14,500 Chiyoda Company, Ltd. 227,763 245,040 Marathon Oil Corporation 3,006,641 15,388 Cie Generale des Etablissements 69,335 Marathon Petroleum Corporation 4,212,101 Michelin 1,713,353 22,100 Pioneer Natural Resources Company 2,779,517 301,600 Citizen Watch Company, Ltd. 1,479,641 163,891 Royal Dutch Shell plc, Class A 4,806,564 9,418 Compass Group plc 242,350 225,731 Royal Dutch Shell plc, Class B 6,671,546 30,768 Countryside Properties plcb 127,009 Total 35,641,196 36,845 D.R. Horton, Inc. 1,942,100 86,600 Denso Corporation 3,826,630 Financials (14.1%) 6,400 Exedy Corporation 125,488 27,718 AB Industrivarden 606,360 61,427 Harley-Davidson, Inc. 2,209,529 63,931 Aflac, Inc. 3,344,870 25,271 Home Depot, Inc. 5,863,377 28,375 Allianz SE 6,604,928 68,364 Lowe's Companies, Inc. 7,517,305 34,664 American International Group, Inc. 1,930,785 9,404 Mohawk Industries, Inc.a 1,166,754 9,132 Baloise Holding AG 1,636,224 274,852 Moneysupermarket.com Group plc 1,278,200 305,537 Bank Leumi Le-Israel BM 2,175,371 18,209 Netflix, Inc.a 4,873,093 453,965 Bank of America Corporation 13,242,159 93,500 NHK Spring Company, Ltd. 717,272 73,483 Bank of Montreal 5,412,289 96,580 NIKE, Inc. 9,070,794 53,226 Capital One Financial Corporation 4,842,502 745,000 Nissan Motor Company, Ltd. 4,651,300 85,811 Charles Schwab Corporation 3,589,474 13,800 Onward Holdings Company, Ltd. 71,898 18,686 Chubb, Ltd. 3,016,668 53,700 Park24 Company, Ltd. 1,247,506 315,979 CI Financial Corporation 4,610,238 10,000 Plenus Company, Ltd.c 167,998 140,717 Citigroup, Inc. 9,720,730 136,620 Redrow plc 1,037,551 115,676 CNP Assurances 2,235,402 9,700 Rinnai Corporation 653,611 23,002 Comerica, Inc. 1,517,902 27,300 Sangetsu Company, Ltd. 515,708 281,500 DBS Group Holdings, Ltd. 5,092,649 172,500 Sekisui House, Ltd. 3,403,802 5,046 Deutsche Boerse AG 786,972 6,800 SHIMAMURA Company, Ltd. 540,242 104,373 Deutsche Pfandbriefbank AGb 1,272,503 24,000 Sony Corporation ADR 1,419,120 180,324 Direct Line Insurance Group plc 665,304 47,680 Starbucks Corporation 4,215,866 132,291 DnB ASA 2,332,024 6,400 Sumitomo Forestry Company, Ltd. 85,456 55,810 Euronext NVb 4,569,791 241,900 Sumitomo Rubber Industries, Ltd. 2,880,539 163,751 Fifth Third Bancorp 4,483,502 45,116 Super Retail Group, Ltd. 302,112 429,454 FlexiGroup, Ltd. 740,513 5,200 Takara Standard Company, Ltd. 86,085 6,219 Goldman Sachs Group, Inc. 1,288,763 523,408 Taylor Wimpey plc 1,038,923 58,563 Hartford Financial Services Group, 115,700 Toyoda Gosei Company, Ltd. 2,329,201 Inc. 3,549,503 200 TS Tech Company, Ltd. 6,117 630,756 HSBC Holdings plc 4,832,991 11,200 United Arrows, Ltd. 327,910 62,787 Intercontinental Exchange, Inc. 5,793,357 The accompanying Notes to Schedule of Investments are an integral part of this schedule. 1 GLOBAL STOCK PORTFOLIO Schedule of Investments as of September 30, 2019 (unaudited) Shares Common Stock (81.0%) Value Shares Common Stock (81.0%) Value Financials (14.1%) - continued Industrials (9.5%) - continued 714,920 Israel Discount Bank, Ltd. $3,142,209 197,964 GWA Group, Ltd. $453,179 48,203 J.P. Morgan Chase & Company 5,673,011 3,200 Hanwa Company, Ltd. 87,858 50,166 Laurentian Bank of Canadac 1,705,080 38,000 Hino Motors, Ltd. 314,909 250,945 Manulife Financial Corporation 4,602,758 66,707 Honeywell International, Inc. 11,286,824 409,192 Medibank Private, Ltd. 939,718 25,000 Inaba Denki Sangyo Company, Ltd. 1,097,784 55,388 MetLife, Inc. 2,612,098 24,220 Ingersoll-Rand plc 2,984,146 47,056 Morgan Stanley 2,007,880 53,502 Johnson Controls International plc 2,348,203 45,580 National Bank of Canadac 2,267,905 60,017 Koninklijke Philips NV 2,773,340 13,422 Paragon Banking Group plc 79,592 60,687 Legrand SA 4,331,242 13,071 Pargesa Holding SA 1,005,401 8,743 Lockheed Martin Corporation 3,410,295 18,415 Prudential Financial, Inc. 1,656,429 251,800 Marubeni Corporation 1,679,246 36,064 Raymond James Financial, Inc. 2,973,837 108,400 Mitsubishi Corporation 2,669,124 25,742 Royal Bank of Canada 2,088,155 19,000 Mitsuboshi Belting, Ltd. 312,815 16,165 S&P Global, Inc. 3,960,102 237,600 Mitsui & Company, Ltd. 3,902,917 15,100 Senshu Ikeda Holdings, Inc. 26,219 76,893 National Express Group plc 409,372 73,870 Skandinaviska Enskilda Banken AB 678,770 63,600 Nitto Kogyo Corporation 1,209,270 17,047 State Street Corporation 1,009,012 32,771 Nobina ABb 204,805 32,158 Sun Life Financial, Inc. 1,437,929 35,542 Norfolk Southern Corporation 6,385,476 29,978 Topdanmark AS 1,447,105 23,378 Northgate plc 94,856 127,405 Toronto-Dominion Bank 7,428,793 118,531 PageGroup plc 638,962 96,320 U.S. Bancorp 5,330,349 17,113 Parker Hannifin Corporation 3,090,779 57,345 Zions Bancorporations NA 2,552,999 217,191 RELX plc 5,158,200 Total 154,519,125 39,310 Sandvik AB 611,977 45,912 Schneider Electric SE 4,014,656 Health Care (11.1%) 106,109 Signify NVb 2,916,161 63,624 Abbott Laboratories 5,323,420 145,082 SKF AB 2,395,761 14,245 Amplifon SPA 349,484 374,600 Sojitz Corporation 1,165,335 4,199 Biogen, Inc.a 977,611 10,170 Spirax-Sarco Engineering plc 979,811 8,253 Cigna Holding Company 1,252,723 208,500 Sumitomo Corporation 3,264,164 86,684 CVS Health Corporation 5,467,160 339,400 Sumitomo Electric Industries, Ltd. 4,331,229 20,061 Edwards Lifesciences Corporationa 4,411,614 9,200 Taikisha, Ltd. 278,557 80,422 Gilead Sciences, Inc. 5,097,146 25,300 Toppan Forms Company, Ltd. 240,316 359,702 GlaxoSmithKline plc 7,710,032 18,207 Transcontinental, Inc. 212,737 12,801 Illumina, Inc.a 3,894,320 19,800 Tsubakimoto Chain Company 637,312 10,883 Intuitive Surgical, Inc.a 5,876,058 52,325 United Technologies Corporation 7,143,409 51,960 Johnson & Johnson 6,722,585 11,700 Yuasa Trading Company, Ltd. 334,922 7,000 KYORIN Holdings, Inc. 116,205 Total 104,061,293 2,275 LNA Sante 116,270 64,775 Medtronic plc 7,035,860 Information Technology (15.1%) 119,666 Merck & Company, Inc.