STONE PORTFOLIO NOTES @ July 31, 2021 HOLDING % HOLDING % Weightings: Growth 43.8 Weightings: Interest Sensitive 12.0 Abbott Laboratories 0.8 AES Corp. 0.6 BCE Inc. 0.5 Algonquin Power & Utilities Corp. 0.4 Cargojet Inc. 0.5 Bank of Montreal 0.5 Coca-Cola Company 0.4 Bank of Nova Scotia 1.2 Costco Wholesale Corp. 0.7 Boralex Inc. 0.4 Fidelity National Information Services 0.4 Brookfield Asset Management Inc., Cl. A 1.4 Jamieson Wellness Inc. 0.5 Brookfield Infrastructure Partners L.P. 0.3 Microsoft Corp. 1.2 Canadian Imperial Bank of Commerce 0.7 Open Text Corp. 0.4 Choice Properties REIT 0.4 Oracle Corporation 0.5 Granite REIT 0.4 Park Lawn Corp. 0.5 Northland Power Inc. 0.5 Stantec Inc. 0.5 Power Financial Corp. 0.7 Stone Global Sustainability Fund, Sr. A 13.4 Royal Bank of Canada 1.7 Stone Global Growth Fund, Sr. A 19.1 Summit Industrial Income REIT 0.4 Stryker Corp. 0.6 Sun Life Financial Inc. 0.5 TELUS Corp. 0.5 Toronto-Dominion Bank 1.5 TFI International Inc. 1.3 Transalta Corp. 0.4 UnitedHealth Group Inc. 0.5 Visa 0.9 Weightings: Fixed Income 40.3 Waste Connections Inc. 0.6 Cash & Other Assets (Liabilities) 2.8 Weightings: Inflation 1.1 Ecolab 0.5 Net Asset Value 100.0 Pembina Pipeline Corporation 0.3 Suncor Energy Inc. 0.3 / HOLDING % HOLDING % HOLDING % Weightings: Fixed Income 40.3 Weightings: Fixed Income (Cont’d) Weightings: Fixed Income (Cont’d) 407 International Inc., 2.430%, 5/4/27 0.2 Ford Credit Canada, 3.500%, 11/30/23 0.3 Province of Quebec, 3.500%, 12/01/45 0.0 407 International Inc., 3.430%, 6/1/33 0.2 GE Capital Canada, 5.730%, 10/22/37 0.2 Province of Quebec, 3.500%, 12/01/48 1.1 Aeroport de Montreal, 3.441%, 4/26/51 0.3 Gibson Energy Inc., 3.600%, 09/17/29 0.6 Province of Quebec, 4.250%, 12/01/43 0.7 Alectra Inc., 5.297%, 04/29/41 0.2 Goldman Sachs, Var. Rt., 2/28/29 0.2 Reliance LP, 2.670%, 8/1/28 0.4 Algonquin Power Co., 2.850%, 7/15/31 0.2 Government of Canada, 2.000%,12/1/51 2.7 RioCan REIT, 1.974%, 6/15/26 0.5 Algonquin Power, 4.600%, 01/29/29 0.4 Government of Canada, 2.250%, 3/1/24 0.5 Rogers Communications Inc, 4.000%, 03/13/24 0.4 Alimentation Couche-Tard, 3.899%, 11/01/22 0.2 Government of Canada, 2.750%, 12/01/48 0.0 Rogers Communications Inc., 3.650%, 03/31/27 0.2 Allied Universal, 3.625%, 6/1/28 0.3 Government of Canada, 2.750%, 12/01/64 0.1 Royal Bank of Canada, 2.609%, 11/1/24 0.6 Altagas Ltd., 2.477%, 11/30/30 0.5 Hydro One Inc., 2.540%, 4/5/24 0.4 Stantec Inc., 2.048%, 10/08/27 0.0 Altalink LP, 3.717%, 12/3/46 0.2 Hydro One Inc., 3.630%, 6/25/49 0.2 Sun Life Financial, Var. Rt., 09/19/28 0.5 Apple Inc., 2.513%, 8/19/24 0.4 Loblaw Companies Ltd., 2.284%, 5/7/30 0.1 Sun Life Financial, Var. Rt., 10/01/35 0.2 Arc Resources Ltd., 2.354%, 3/10/26 0.6 Loblaw Companies Ltd., 4.860%, 9/12/23 0.2 T-Mobile USA, 3.375%, 4/15/29 0.2 Bank of America, 2.598%., 4/4/29 0.2 Lower Mattagami, 2.433%, 5/14/31 0.2 Targa Resources Corp., 4.000%, 1/15/32 0.3 Bank of America, Var. Rt., 9/20/25 0.3 Metro Inc., 2.680%, 12/5/22 0.6 TC Energy, 4.340%, 10/15/49 0.5 Bank of Montreal, 2.850%, 3/6/24 0.2 Morgan Stanley, Var. Rt., 8/4/27 0.4 TD Bank, 2.850%, 3/8/24 0.4 Barclays plc, 2.166%, 6/23/27 0.3 National Grid, 2.301%, 6/22/29 0.4 TD Bank, Var Rt., 9/14/28 0.4 BCE Inc., 2.500%, 5/14/30 0.2 Northwest Redwater, 1.200%, 12/1/23 0.1 Telus Corp., 2.050%, 10/07/30 0.4 BCE Inc., 3.350%, 3/22/23 0.6 Parkland Corp., 3.875%, 6/16/26 0.2 Telus Corp., 2.750%, 07/08/26 0.5 BCE Inc., 3.500%, 9/30/50 0.2 Pembina Pipeline Corp., Var Rt, 1/25/81 0.1 Telus Corp., 3.950%, 2/16/50 0.0 Booz Allen Hamilton, 4.000%, 7/1/29 0.3 Pembina Pipeline Corp., 3.770%, 10/24/22 0.5 Tenet Healthcare, 4.625%, 06/15/28 0.0 Brookfield Renewable, 3.380%, 1/15/30 0.4 Pembina Pipeline Corp., 4.740%, 1/21/47 0.2 Thomson Reuters, 2.239%, 05/14/25 0.3 Canada Housing Trust, 1.750%, 6/15/30 1.4 Province of Alberta, 3.100%, 06/01/50 0.2 Toronto Hydro Corp., 2.990%, 12/10/49 0.1 Canada Housing Trust, 2.350%, 06/15/23 0.7 Province of British Columbia, 2.800%, 06/18/48 0.4 Toyota Credit Canada, 2.620%, 10/11/22 0.2 Canada Housing Trust, 2.900%, 6/15/24 0.7 Province of British Columbia, 2.850%, 6/18/25 0.6 Toyota Credit Canada, 2.700%, 1/25/23 0.6 Canadian Natural Resources, 2.500%, 1/17/28 0.4 Province of British Columbia, 3.200%, 6/18/44 0.2 Transurban Finance Co., 4.555%, 11/14/28 0.3 Capital Power Corp., 4.284%, 9/18/24 0.6 Province of Nova Scotia, 4.700%, 6/1/41 0.4 Vancouver Airport, 1.760%, 9/20/30 0.4 Capital Power Corp., 4.424%, 02/08/30 0.3 Province of Ontario, 1.750%, 9/8/25 1.2 Verizon Communications Inc., 2.375%, 3/22/28 0.4 Cenovus Energy Inc., 3.500%, 02/07/28 0.8 Province of Ontario, 2.400%, 6/02/26 0.5 Verizon Communications, 2.500%, 5/16/30 0.4 Cheniere Energy, 4.000%, 3/1/31 0.2 Province of Ontario, 2.650%, 12/02/50 0.3 Videotron Ltd., 3.125%, 1/15/31 0.4 Choice Properties., 3.556%, 9/9/24 0.4 Province of Ontario, 2.800%, 6/02/48 0.4 VW Credit Canada, 3.250%, 03/29/23 0.2 Corus Entertainment Inc., 5.000%, 5/11/28 0.2 Province of Ontario, 2.850%, 6/2/23 0.4 Walt Disney Companies, 3.057%, 3/30/27 0.4 Enbridge Inc., Var Rt., 9/27/77 0.4 Province of Ontario, 2.900%, 06/02/49 0.8 Enbridge, 2.820%, 5/12/31 0.3 Province of Ontario, 3.500%, 6/2/24 0.8 Enbridge, 4.200%, 5/12/51 0.3 Province of Quebec, 2.500%, 09/01/26 0.2 Epcor Utilities, 2.411%, 6/30/31 0.5 Province of Quebec, 2.750%, 9/01/25 0.5 Epcor Utilities, 3.106%, 7/8/49 0.2 Province of Quebec, 3.500%, 12/01/22 0.4 / HOLDING % HOLDING % Weightings: Growth 46.1 Weightings: Interest Sensitive 48.2 Abbott Laboratories 3.7 AES Corp. 2.3 BCE Inc. 2.0 Algonquin Power & Utilities Corp. 1.3 Cargojet Inc. 2.1 Bank of Montreal 2.0 Coca-Cola Company 1.3 Bank of Nova Scotia 4.7 Costco Wholesale Corp. 2.7 Boralex Inc. 1.6 Fidelity National Information Services 1.4 Brookfield Asset Management Inc., Cl. A 5.7 Jamieson Wellness Inc. 1.9 Brookfield Infrastructure Partners L.P. 1.4 Microsoft Corp. 5.0 Canadian Imperial Bank of Commerce 2.8 Open Text Corp. 1.5 Choice Properties REIT 1.6 Oracle Corporation 2.2 Decisive Dividend Corp. 0.2 Park Lawn Corp. 1.8 Granite REIT 1.5 Stantec Inc. 2.2 Northland Power Inc. 1.9 Stryker Corp. 2.3 Power Financial Corp. 2.7 TELUS Corp. 2.0 Royal Bank of Canada 7.6 TFI International Inc. 5.6 Summit Industrial Income REIT 1.7 UnitedHealth Group Inc. 2.0 Sun Life Financial Inc. 1.9 Visa 3.9 Toronto-Dominion Bank 5.7 Waste Connections Inc. 2.5 Transalta Corp. 1.6 Weightings: Inflation 4.0 Cash & Other Assets (Liabilities) 1.7 Ecolab 1.7 Pembina Pipeline Corporation 1.1 Net Asset Value 100.0 Suncor Energy Inc. 1.2 Stone Dividend Growth Class Series A Best Fund Over Past 3 Years Canadian Dividend & Income Equity / HOLDING % HOLDING % Weightings: Growth 77.4 Weightings: Growth (Con’t) Abbott Laboratories 2.2 SIG Combibloc Group AG 2.3 Adobe Systems Inc. 2.6 Taiwan Semiconductor Manufacturing Co. Ltd. 2.5 Adyen NV 2.6 Thermo Fisher Scientific Inc. 2.7 Alfen Beheer BV 1.3 Tomra Systems ASA 2.5 Ansys Inc. 1.9 Trimble Inc. 2.5 Aptiv plc 2.6 Vestas Wind Systems A/S 1.6 ASML Holding 3.2 Visa 2.5 Assa Abloy AB 2.2 Badger Meter Inc. 2.2 Weightings: Inflation 9.2 Cadence Design Systems Inc. 2.1 Advanced Drainage Systems Inc. 1.6 Clorox Co. 1.6 Ballard Power Systems Inc. 0.9 DSV Palalpina A/S 2.6 Chr Hansen Holding A/S 1.3 Edwards Lifesciences 3.1 Ecolab 2.1 Eurofins Scientific 1.7 EDP Renovaveis SA 1.1 GN Store Nord A/S 1.7 Trex Co.