Geographic Exposure

% of Portfolio 9/30/23

Sector Exposure

% of Portfolio 9/30/23

Market Cap Breakdown

% of Portfolio 9/30/23

Asset Allocation

% of Net Assets 9/30/23

Equity 83.1%
Fixed Income 12.8%
Cash, Equivalent & Other 4.1%

Top 10 Holdings

% of Net Assets 09/30/23

Ticker
Symbol
% of Net
Assets
Lamington Road DAC * 12.81%
Calumet Specialty Products Partners LP CLMT 11.55%
Exor NV EXO NA 6.06%
Lifco AB LIFCOB SS 5.04%
Bolloré SE BOL FP 4.96%
KKR & Co Inc KKR 4.92%
Vivendi SE VIV FP 4.84%
Cadeler AS CADLR NO 4.82%
Höegh Autoliners ASA HAUTO NO 4.81%
DHT Holdings Inc DHT 3.81%

* Includes Corporate Obligation (Lamington Rd 9.75% 2121) and net of accrued interest.

Click here to view a complete holdings list at quarter end.

Portfolio Managers

David Marcus

The MSCI ACWI ex USA Index captures large and mid cap representation across 22 of 23 Developed Markets (DM) countries (excluding the US) and 23 Emerging Markets (EM) countries*. With 1,855 constituents, the index covers approximately 85% of the global equity opportunity set outside the US.