# Portfolio Exposure & Attribution
## As at 30 September 2021
Performance Attribution - 1 Month (%)
|  | Active Weight | Attrib. Effect |  |  | Active Weight | Attrib. Effect |
| --- | --- | --- | --- | --- | --- | --- |
| Canadian Natural Resources | 1.98 | 0.31 |  | Qualcomm | 2.10 | -0.16 |
| Signature Bank | 2.31 | 0.22 |  | Tesla | -1.45 | -0.14 |
| Uber Technologies | 1.14 | 0.20 |  | Affiliated Managers Group | 1.89 | -0.13 |
| US Foods Holding Corp | 2.53 | 0.17 |  | Alphabet | 2.82 | -0.12 |
| ICON | 2.29 | 0.15 |  | Facebook | 1.87 | -0.11 |


#### Top Contributors
Top Detractors

### Top 10 Positions (%)
Alphabet	6.5
Performance attribution is calculated in US$ on a relative basis over the month.
Sector Exposure - Top Overweights & Underweights Relative to Index (%)
Fund (%) Relative (%) Healthcare Equipment & Services	9.9	4.1
Software & Services	18.8	3.6
| Consumer Durables & Apparel | 3.8 | 2.7 |  |  | Fund | Index |
| --- | --- | --- | --- | --- | --- | --- |
|  |  |  |  |  |  |  |
| Insurance | 5.0 | 2.6 |  | Mega Cap (> $50bn) | 47.6 | 73.7 |
| Telecommunication Services	3.2	1.9	Large Cap ($10bn - $50bn) 27.5	25.0 |

Media & Entertainment	12.4	2.9
| Amazon | 6.0 |
| --- | --- |
| Microsoft | 5.1 |
| Facebook | 3.8 |
| Visa | 3.3 |
| T-Mobile US | 3.2 |
| Anthem | 3.2 |
| United Rentals | 3.2 |
| Arch Capital | 3.1 |
| US Foods Holding Corp | 2.7 |
| Total | 40.1 |


### Total Number of Positions	46
Active Share	80.80% Market Capitalisation Exposure (%)
| Food & Staples Retailing Semiconductors | 2.7 6.2 | 1.3 1.0 |  |  |  |  |  | Cash | 2.5 | - |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
|  |  |  |  |  |  |  |  |  |  |  |
| Diversified Financials | 5.8 | 0.9 |  |  |  |  |  |  |  |  |
|  |  |  |  |  |  |  |  |  |  |  |
| Energy | 2.3 | -1.2 |  |  |  |  |  |  |  |  |
|  |  |  |  |  |  |  |  |  |  |  |
| Household & Personal Products | 0.0 | -1.4 |  |  |  |  |  |  |  |  |
|  |  |  |  |  |  |  |  |  |  |  |
| Materials | 1.0 | -1.4 |  |  |  |  |  |  |  |  |
| Consumer Services | 0.0 | -1.7 |  |  |  |  |  |  |  |  |
| Automobiles & Components | 0.0 | -2.1 |  |  |  |  |  |  |  |  |
| Utilities | 0.0 | -2.5 |  |  |  |  |  |  |  |  |
| Real Estate | 0.0 | -2.6 |  |  |  |  |  |  |  |  |
| Food, Beverage & Tobacco | 0.0 | -2.7 |  |  |  |  |  |  |  |  |
| Pharma, Biotech & Life Sciences | 2.3 | -4.3 |  |  |  |  |  |  |  |  |
| Technology Hardware & Equipment | 2.5 | -5.0 |  |  |  |  |  | Administrator Details |  |  |
|  |  |  |  |  |  |  |  |  |  |  |

| Mid Cap ($5bn - $10bn) | 12.6 | 1.2 |
| --- | --- | --- |
| Small Cap (< $5bn) | 9.7 | 0.1 |

Retailing	8.7	1.6
-5 -4 -3 -2 -1 0  1  2  3  4  5
The column headed “Fund (%)” refers to the percentage of the Fund’s assets invested in each sector. The column headed “Relative (%)” refers to the extent to which the Fund is overweight or underweight in each sector compared (relative) to the index.

Translation (ENFR, 2021-09-30):
# Exposition du portefeuille
Données au 30 septembre 2021
Exposition sectorielle - Principales surpondérations et sous-pondérations par rapport à l’indice (%)

### Fonds	Écart avec l’indice
| Équipement & serv. santé | 9,9 | 4,1 |
| --- | --- | --- |
| Logiciels et Services | 18,8 | 3,6 |
| Médias et divertissement | 12,4 | 2,9 |
| Biens durables/habillem. | 3,8 | 2,7 |
| Assurance | 5,0 | 2,6 |
| Services de télécomm. | 3,2 | 1,9 |
| Vente au détail | 8,7 | 1,6 |
| Consomm. de base - détail | 2,7 | 1,3 |
| Semi-conducteurs | 6,2 | 1,0 |
| Sociétés fin. divers. | 5,8 | 0,9 |
| Énergie | 2,3 | -1,2 |
| Produits ménagers/de soin | 0,0 | -1,4 |
| Matériaux | 1,0 | -1,4 |
| Services Consommateurs | 0,0 | -1,7 |
| Automobiles & composants | 0,0 | -2,1 |
| Services collectivités | 0,0 | -2,5 |
| Immobilier | 0,0 | -2,6 |
| Aliments/boissons/tabac | 0,0 | -2,7 |
| Pharma, biotech. & biol. | 2,3 | -4,3 |
| Matériel informatique | 2,5 | -5,0 |

-5 -4 -3 -2 -1 0  1  2  3  4  5
La colonne intitulée « Fonds (%) » correspond au pourcentage des actifs du Fonds investis dans chaque secteur. La colonne intitulée « Écart avec l’indice (%) » correspond au niveau de surpondération ou de sous-pondération du Fonds dans chaque secteur par rapport à l’indice.
| 10 principales positions (%) |  |
| --- | --- |
| Alphabet | 6,5 |
| Amazon | 6,0 |
| Microsoft | 5,1 |
| Facebook | 3,8 |
| Visa | 3,3 |
| T-Mobile US | 3,2 |
| Anthem | 3,2 |
| United Rentals | 3,2 |
| Arch Capital | 3,1 |
| US Foods Holding Corp | 2,7 |
| Total | 40,1 |
| Part active | 80,80% |
| Nombre total de positions | 46 |


## Exposition par capitalisation boursière (%)
|  | Fonds | Indice |
| --- | --- | --- |
| Très grande (> US$ 50 Mds) | 47,6 | 73,7 |
| Grande (US$ 10 Mds à 50 Mds) | 27,5 | 25,0 |
| Moyenne (US$ 5 Mds à 10 Mds) | 12,6 | 1,2 |
| Petite (< US$ 5 Mds) | 9,7 | 0,1 |
| Liquidités | 2,5 | - |


### Note: Les chiffres ayant été arrondis, les totaux peuvent ne pas correspondre.