# EDGAR Filing Document

**Accession Number:** 0000945908
**File Stem:** 0000035402-26-004084
**Filing Date:** 2026-6
**Character Count:** 40756
**Document Hash:** 1d98e4bfa803da8f1a2fc5f0eb510aba
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000035402-26-004084.hdr.sgml**: 20260626

**ACCESSION NUMBER**: 0000035402-26-004084

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260430

**FILED AS OF DATE**: 20260626

**DATE AS OF CHANGE**: 20260626

**PERIOD START**: 20261031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FIDELITY COVINGTON TRUST
- **CENTRAL INDEX KEY:** 0000945908

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07319
- **FILM NUMBER:** 261127048

**BUSINESS ADDRESS:**
- **STREET 1:** 245 SUMMER STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02210
- **BUSINESS PHONE:** 617-563-7000

**MAIL ADDRESS:**
- **STREET 1:** 245 SUMMER STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02210

## Series and Classes Contracts Data

### Fidelity International Value Factor ETF (Series ID: S000059463)

| Class ID   | Class Name                              | Ticker Symbol   |
|:---|:---|:---|
| C000194896 | Fidelity International Value Factor ETF | FIVA            |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Fidelity Covington Trust

- **b. Investment Company Act file number:** 811-07319

- **c. CIK number of Registrant:** 0000945908

- **d. LEI of Registrant:** 549300JFYFTF85QAQR28

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 245 Summer Street

  - **City:** Boston

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02210

  - **Telephone number:** 1-800-FIDELITY

**Item A.2. Information about the Series.**

- **a. Name of Series:** Fidelity International Value Factor ETF

- **b. EDGAR series identifier (if any):** S000059463

- **c. LEI of Series:** 549300DPXN0IDQD0V949

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2026-10-31

- **b. Date as of which information is reported:** 2026-04-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $532969508.81

**Total Liabilities:** $78877.90

**Net Assets:** $532890630.91

**Cash Not Reported:** $80804.35

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000194896 | 4.46%                | -9.70%               | 7.55%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $29158454.21             | $-7843997.89                               |
| Month 2  | $-517859.13              | $-56541758.78                              |
| Month 3  | $-1.51                   | $34681603.96                               |

### Schedule of Portfolio Investments

| Name                                                      | Title                             | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| ALLIANZ SE                                                | ALLIANZ SE (REGD)                 | CUSIP: N/A<br>LEI: 529900K9B0N5BT694847       | Long             | EC               | CORP              | DE        |     14856 | NS      | $6779037.19   | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| TOTALENERGIES SE                                          | TOTALENERGIES SE                  | CUSIP: N/A<br>LEI: 529900S21EQ1BO4ESM68       | Long             | EC               | CORP              | FR        |     78674 | NS      | $7317558.01   | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| EIFFAGE SA                                                | EIFFAGE SA (FORM FOUGEROLLE)      | CUSIP: N/A<br>LEI: 969500OQXKE5WDM9M994       | Long             | EC               | CORP              | FR        |     27034 | NS      | $4344576.02   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| UST BILLS                                                 | UST BILLS 0% 05/14/2026           | CUSIP: 912797QN0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     36000 | PA      | $35953.43     | 0.01%             | 2026-05-14      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| PANASONIC HOLDINGS CORP                                   | PANASONIC HOLDINGS CORP           | CUSIP: N/A<br>LEI: 254900GE1G59KGWPHX32       | Long             | EC               | CORP              | JP        |    225000 | NS      | $4598927.92   | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| CANADIAN NATIONAL RAILWAY CO                              | CANADIAN NATL RAILWAY CO          | CUSIP: 136375102<br>LEI: 3SU7BEP7TH9YEQOZCS77 | Long             | EC               | CORP              | CA        |     65237 | NS      | $7312621.48   | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| ROGERS COMMUNICATIONS INC                                 | ROGERS COMM INC CL B NON VTG      | CUSIP: 775109200<br>LEI: 5493000M6Z4XFIP6PF03 | Long             | EC               | CORP              | CA        |     51683 | NS      | $1877690.36   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| ASSOCIATED BRITISH FOODS PLC                              | ASSOCIATED BRITISH FOODS PLC      | CUSIP: N/A<br>LEI: GBQKSY6W7G0OHCQ8OQ72       | Long             | EC               | CORP              | GB        |    183151 | NS      | $4546941.43   | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| ASAHI GROUP HOLDINGS LTD                                  | ASAHI GROUP HOLDINGS LTD          | CUSIP: N/A<br>LEI: 353800KAJ02XNHLCJW79       | Long             | EC               | CORP              | JP        |    489900 | NS      | $4839444.82   | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| BANCO SANTANDER SA                                        | BANCO SANTANDER SA                | CUSIP: N/A<br>LEI: 5493006QMFDDMYWIAM13       | Long             | EC               | CORP              | ES        |    556206 | NS      | $6772508.33   | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| MACQUARIE GROUP LTD                                       | MACQUARIE GROUP LTD               | CUSIP: N/A<br>LEI: ACMHD8HWFMFUIQQ8Y590       | Long             | EC               | CORP              | AU        |     42299 | NS      | $7148986.39   | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| MS and AD INSURANCE GROUP HOLDINGS INC                    | MS and AD INSURANCE GRP HLDGS INC | CUSIP: N/A<br>LEI: 529900CXROT5S2HMMP26       | Long             | EC               | CORP              | JP        |    135000 | NS      | $3475256.05   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| FRESNILLO PLC                                             | FRESNILLO PLC                     | CUSIP: N/A<br>LEI: 549300JXWH1UV5J0XV81       | Long             | EC               | CORP              | GB        |     93136 | NS      | $4094146.56   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| BNP PARIBAS                                               | BNP PARIBAS                       | CUSIP: N/A<br>LEI: R0MUWSFPU8MPRO8K5P83       | Long             | EC               | CORP              | FR        |     50261 | NS      | $5260881.78   | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| NOVO-NORDISK AS                                           | NOVO-NORDISK AS CL B              | CUSIP: N/A<br>LEI: 549300DAQ1CVT6CXN342       | Long             | EC               | CORP              | DK        |    130102 | NS      | $5560394.58   | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| TOYOTA MOTOR CORP                                         | TOYOTA MOTOR CORP                 | CUSIP: N/A<br>LEI: 5493006W3QUS5LMH6R84       | Long             | EC               | CORP              | JP        |    344200 | NS      | $6639970.65   | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| MANULIFE FINANCIAL CORP                                   | MANULIFE FINANCIAL CORP           | CUSIP: 56501R106<br>LEI: 5493007GBX87QOZACS27 | Long             | EC               | CORP              | CA        |    134859 | NS      | $5291910.36   | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| MUENCHENER RUECKVERSICHERUNGS-GESELLSCHAFT AG IN MUENCHEN | MUNICH REINSURANCE (REG)          | CUSIP: N/A<br>LEI: 529900MUF4C20K50JS49       | Long             | EC               | CORP              | DE        |      7805 | NS      | $4676708.71   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| MERCK KGAA                                                | MERCK KGAA                        | CUSIP: N/A<br>LEI: 529900OAREIS0MOPTW25       | Long             | EC               | CORP              | DE        |     24091 | NS      | $3110007.23   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| MARUBENI CORP                                             | MARUBENI CORP                     | CUSIP: N/A<br>LEI: 4P4N3ORD02UGQT1T1W12       | Long             | EC               | CORP              | JP        |    142200 | NS      | $5509960.75   | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| CARREFOUR SA                                              | CARREFOUR SA (SUPERMARCHE)        | CUSIP: N/A<br>LEI: 549300B8P6MUJ1YWTS08       | Long             | EC               | CORP              | FR        |    194450 | NS      | $3866287.76   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| TUI AG                                                    | TUI AG (GB)                       | CUSIP: N/A<br>LEI: 529900SL2WSPV293B552       | Long             | EC               | CORP              | DE        |    514846 | NS      | $3836227.52   | 0.72%             |  |  |  | No            |                  1 | On Loan: —       |
| NOVARTIS AG                                               | NOVARTIS AG (REG)                 | CUSIP: N/A<br>LEI: 5493007HIVTX6SY6XD66       | Long             | EC               | CORP              | CH        |     45322 | NS      | $6716731.41   | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| RIO TINTO LTD                                             | RIO TINTO LTD                     | CUSIP: N/A<br>LEI: 529900X2VMAQT2PE0V24       | Long             | EC               | CORP              | AU        |     25183 | NS      | $3030830.21   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| THE TORONTO DOMINION BANK                                 | TORONTO-DOMINION BANK             | CUSIP: 891160509<br>LEI: PT3QB789TSUIDF371261 | Long             | EC               | CORP              | CA        |     73776 | NS      | $7931556.89   | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| QBE INS GROUP LTD                                         | QBE INSURANCE GROUP LTD           | CUSIP: N/A<br>LEI: 549300D2FBW76FPUSG65       | Long             | EC               | CORP              | AU        |    410619 | NS      | $6595092.60   | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| MITSUI and CO LTD                                         | MITSUI and CO LTD                 | CUSIP: N/A<br>LEI: 2NRSB4GOU9DD6CNW5R48       | Long             | EC               | CORP              | JP        |    171200 | NS      | $6441372.00   | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| CSL LTD                                                   | CSL LIMITED                       | CUSIP: N/A<br>LEI: 529900ECSECK5ZDQTE14       | Long             | EC               | CORP              | AU        |     19126 | NS      | $1710166.81   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| SUMITOMO CORP                                             | SUMITOMO CORP                     | CUSIP: N/A<br>LEI: V82KK8NH1P0JS71FJC05       | Long             | EC               | CORP              | JP        |    119900 | NS      | $4468370.51   | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| CREDIT AGRICOLE SA                                        | CREDIT AGRICOLE SA                | CUSIP: N/A<br>LEI: 969500TJ5KRTCJQWXH05       | Long             | EC               | CORP              | FR        |    171695 | NS      | $3342346.19   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| INFINEON TECHNOLOGIES AG                                  | INFINEON TECHNOLOGIES AG          | CUSIP: N/A<br>LEI: TSI2PJM6EPETEQ4X1U25       | Long             | EC               | CORP              | DE        |     78135 | NS      | $5236322.24   | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| NICE LTD                                                  | NICE LTD                          | CUSIP: N/A<br>LEI: 254900YTY4EF5Z4W0A51       | Long             | EC               | CORP              | IL        |     23837 | NS      | $2402957.57   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| ROCHE HOLDING AG                                          | ROCHE HOLDING AG                  | CUSIP: N/A<br>LEI: 549300U41AUUVOAAOB37       | Long             | EC               | CORP              | CH        |     17080 | NS      | $6953867.40   | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| CAPGEMINI SA                                              | CAPGEMINI SA (FF40)               | CUSIP: N/A<br>LEI: 96950077L0TN7BAROX36       | Long             | EC               | CORP              | FR        |     20559 | NS      | $2484023.70   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| BANCA MONTE DEI PASCHI DI SIENA SPA                       | BANCA MONTE DEI PASCH SIEN SPA    | CUSIP: N/A<br>LEI: J4CP7MHCXR8DAQMKIL78       | Long             | EC               | CORP              | IT        |    283718 | NS      | $3012645.01   | 0.57%             |  |  |  | No            |                  1 | On Loan: —       |
| ENGIE SA                                                  | ENGIE SA                          | CUSIP: N/A<br>LEI: LAXUQCHT4FH58LRZDY46       | Long             | EC               | CORP              | FR        |    159126 | NS      | $5239623.52   | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| DAI NIPPON PRINTING LTD JAPAN                             | DAI NIPPON PRINTING CO LTD        | CUSIP: N/A<br>LEI: 529900S7NFNQ4FT6OP83       | Long             | EC               | CORP              | JP        |    210400 | NS      | $3984985.80   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| GSK PLC                                                   | GSK PLC                           | CUSIP: N/A<br>LEI: 5493000HZTVUYLO1D793       | Long             | EC               | CORP              | GB        |    193074 | NS      | $5059585.69   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| ITOCHU CORPORATION                                        | ITOCHU CORP                       | CUSIP: N/A<br>LEI: J48DJYXDTLHM30UMYI18       | Long             | EC               | CORP              | JP        |    429900 | NS      | $5316653.58   | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| KLEPIERRE SA                                              | KLEPIERRE SA                      | CUSIP: N/A<br>LEI: 969500PB4U31KEFHZ621       | Long             | EC               | CORP              | FR        |     85417 | NS      | $3452837.28   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| EASYJET PLC                                               | EASYJET PLC                       | CUSIP: N/A<br>LEI: 2138001S47XKWIB7TH90       | Long             | EC               | CORP              | GB        |    689175 | NS      | $3292682.84   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| OPEN TEXT CORPORATION                                     | OPEN TEXT CORPORATION             | CUSIP: 683715106<br>LEI: 549300UQROQS42RKHM85 | Long             | EC               | CORP              | CA        |    231942 | NS      | $5246854.88   | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| FORTIS INC                                                | FORTIS INC                        | CUSIP: 349553107<br>LEI: 549300MQYQ9Y065XPR71 | Long             | EC               | CORP              | CA        |     34444 | NS      | $1965770.27   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| RIO TINTO PLC                                             | RIO TINTO PLC                     | CUSIP: N/A<br>LEI: 213800YOEO5OQ72G2R82       | Long             | EC               | CORP              | GB        |     69872 | NS      | $6976600.28   | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| ICE FUTURES US                                            | MSCI EAFE FUT JUN26 MFSM6         | CUSIP: N/A<br>LEI: 5493004R83R1LVX2IL36       | N/A              | DE               | CORP              | US        |        21 | NC      | $175535.43    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| ABB LTD                                                   | ABB LTD                           | CUSIP: N/A<br>LEI: 5493000LKVGOO9PELI61       | Long             | EC               | CORP              | CH        |     63155 | NS      | $6334477.59   | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| MITSUBISHI CORP                                           | MITSUBISHI CORP                   | CUSIP: N/A<br>LEI: KVIPTY4PULAPGC1VVD26       | Long             | EC               | CORP              | JP        |    217200 | NS      | $6916358.76   | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| SUMITOMO MITSUI FINANCIAL GROUP INC                       | SUMITOMO MITSUI FINL GROUP INC    | CUSIP: N/A<br>LEI: 35380028MYWPB6AUO129       | Long             | EC               | CORP              | JP        |    157200 | NS      | $5529411.31   | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| NIPPON STEEL CORP                                         | NIPPON STEEL CORP                 | CUSIP: N/A<br>LEI: 35380065QWQ4U2V3PA33       | Long             | EC               | CORP              | JP        |   1225600 | NS      | $4475995.53   | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| DAIMLER TRUCK HOLDING AG                                  | DAIMLER TRUCK HOLDING AG          | CUSIP: N/A<br>LEI: 529900PW78JIYOUBSR24       | Long             | EC               | CORP              | DE        |     80942 | NS      | $4077110.63   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| KANSAI ELECTRIC POWER CO INC                              | KANSAI ELECTRIC POWER CO INC      | CUSIP: N/A<br>LEI: 353800PFUKP5ONPJNZ86       | Long             | EC               | CORP              | JP        |    179400 | NS      | $2868362.21   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| ARCELORMITTAL SA LUXEMBOURG                               | ARCELORMITTAL SA                  | CUSIP: N/A<br>LEI: 2EULGUTUI56JI9SAL165       | Long             | EC               | CORP              | LU        |     90909 | NS      | $5250993.12   | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| AVIVA  PLC                                                | AVIVA PLC                         | CUSIP: N/A<br>LEI: YF0Y5B0IB8SM0ZFG9G81       | Long             | EC               | CORP              | GB        |    617943 | NS      | $5236318.35   | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| SHELL PLC                                                 | SHELL PLC                         | CUSIP: N/A<br>LEI: 21380068P1DRHMJ8KU70       | Long             | EC               | CORP              | GB        |    187666 | NS      | $8481630.74   | 1.59%             |  |  |  | No            |                  1 | On Loan: No      |
| KIOXIA HOLDINGS CORPORATION                               | KIOXIA HOLDINGS CORPORATION       | CUSIP: N/A<br>LEI: 35380080RTKRARNH4R73       | Long             | EC               | CORP              | JP        |     39600 | NS      | $9491566.96   | 1.78%             |  |  |  | No            |                  1 | On Loan: No      |
| FRESENIUS MEDICAL CARE AG                                 | FRESENIUS MEDICAL CARE AG         | CUSIP: N/A<br>LEI: 549300CP8NY40UP89Q40       | Long             | EC               | CORP              | DE        |     70244 | NS      | $3181453.36   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| WOLTERS KLUWER NV                                         | WOLTERS KLUWER NV                 | CUSIP: N/A<br>LEI: 724500TEM53I0U077B74       | Long             | EC               | CORP              | NL        |     57304 | NS      | $4464782.77   | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| KDDI CORP                                                 | KDDI CORP                         | CUSIP: N/A<br>LEI: 5299003FU7V4I45FU310       | Long             | EC               | CORP              | JP        |    392400 | NS      | $6466756.01   | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| INPEX CORPORATION                                         | INPEX CORP                        | CUSIP: N/A<br>LEI: 353800VHYYADPR6MXQ47       | Long             | EC               | CORP              | JP        |    112800 | NS      | $2987269.07   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| RAIFFEISEN BANK INTERNATIONAL AG                          | RAIFFEISEN BANK INTERNTNL AG      | CUSIP: N/A<br>LEI: 9ZHRYM6F437SQJ6OUG95       | Long             | EC               | CORP              | AT        |     64526 | NS      | $3512119.21   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| JAPAN POST HOLDINGS CO LTD                                | JAPAN POST HOLDINGS CO LTD        | CUSIP: N/A<br>LEI: 5299003D9N4JBS256X18       | Long             | EC               | CORP              | JP        |    263800 | NS      | $3068870.81   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| DAIWA HOUSE INDUSTRY CO LTD                               | DAIWA HOUSE INDUSTRY CO LTD       | CUSIP: N/A<br>LEI: 353800K9WXR9XRZJZI46       | Long             | EC               | CORP              | JP        |    106100 | NS      | $3241803.39   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| SOCIETE GENERALE                                          | SOCIETE GENERALE SA CL A          | CUSIP: N/A<br>LEI: O2RNE8IBXP4R0TD8PU41       | Long             | EC               | CORP              | FR        |     49973 | NS      | $4012009.45   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| BHP GROUP LTD                                             | BHP GROUP LIMITED                 | CUSIP: N/A<br>LEI: WZE1WSENV6JSZFK0JC28       | Long             | EC               | CORP              | AU        |    157098 | NS      | $6067438.01   | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| DEUTSCHE TELEKOM AG                                       | DEUTSCHE TELEKOM AG (REGD)        | CUSIP: N/A<br>LEI: 549300V9QSIG4WX4GJ96       | Long             | EC               | CORP              | DE        |    152991 | NS      | $4947880.18   | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| THE BANK OF NOVA SCOTIA                                   | BANK OF NOVA SCOTIA               | CUSIP: 064149107<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | EC               | CORP              | CA        |     75288 | NS      | $5845592.42   | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| COMPAGNIE DE ST GOBAIN                                    | ST GOBAIN CIE DE                  | CUSIP: N/A<br>LEI: NFONVGN05Z0FMN5PEC35       | Long             | EC               | CORP              | FR        |     47024 | NS      | $4282739.12   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| UBS GROUP AG                                              | UBS GROUP AG                      | CUSIP: N/A<br>LEI: 549300SZJ9VS8SGXAN81       | Long             | EC               | CORP              | CH        |    133319 | NS      | $5881344.54   | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| UNICREDIT SPA                                             | UNICREDIT SPA                     | CUSIP: N/A<br>LEI: 549300TRUWO2CD2G5692       | Long             | EC               | CORP              | IT        |     60213 | NS      | $4634928.26   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| ENEL SPA                                                  | ENEL (ENTE NAZ ENERG ELET) SPA    | CUSIP: N/A<br>LEI: WOCMU6HCI0OJWNPRZS33       | Long             | EC               | CORP              | IT        |    494063 | NS      | $5751559.42   | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| SONY GROUP CORP                                           | SONY GROUP CORP                   | CUSIP: N/A<br>LEI: 529900R5WX9N2OI2N910       | Long             | EC               | CORP              | JP        |    240000 | NS      | $4767684.50   | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Revere Street Trust                              | Fidelity Cash Central Fund        | CUSIP: 31635A105<br>LEI: 549300BDV45LJNXBZC55 | Long             | STIV             | RF                | US        |    555180 | NS      | $555290.74    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| SHIONOGI and CO LTD                                       | SHIONOGI and CO LTD               | CUSIP: N/A<br>LEI: 35380049VXDTHZI3DY35       | Long             | EC               | CORP              | JP        |    304800 | NS      | $6165827.51   | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| SCREEN HOLDINGS CO LTD                                    | SCREEN HOLDINGS CO LTD            | CUSIP: N/A<br>LEI: 353800ND89FTQ9XQ0R07       | Long             | EC               | CORP              | JP        |     75300 | NS      | $4915727.00   | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| SIEMENS AG                                                | SIEMENS AG (REGD)                 | CUSIP: N/A<br>LEI: W38RGI023J3WT1HWRP32       | Long             | EC               | CORP              | DE        |     28040 | NS      | $8306955.94   | 1.56%             |  |  |  | No            |                  1 | On Loan: No      |
| BOC HONG KONG HOLDINGS LTD                                | BANK OF CHINA HONG KONG LTD       | CUSIP: N/A<br>LEI: 254900JB98W77JDJMW15       | Long             | EC               | CORP              | HK        |    770500 | NS      | $4398501.36   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| IMPERIAL BRANDS PLC                                       | IMPERIAL BRANDS PLC               | CUSIP: N/A<br>LEI: 549300DFVPOB67JL3A42       | Long             | EC               | CORP              | GB        |    120396 | NS      | $4582438.93   | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITED OVERSEAS BANK LTD                                  | UNITED OVERSEAS BANK (LOC)        | CUSIP: N/A<br>LEI: IO66REGK3RCBAMA8HR66       | Long             | EC               | CORP              | SG        |    151000 | NS      | $4286168.58   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| SUN HUNG KAI PROPERTIES LTD                               | SUN HUNG KAI PROPERTIES LTD       | CUSIP: N/A<br>LEI: 529900LUMD393RD3S874       | Long             | EC               | CORP              | HK        |    136500 | NS      | $2366261.37   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| AP MOLLER MAERSK AS                                       | A P MOLLER - MAERSK A/S B         | CUSIP: N/A<br>LEI: 549300D2K6PKKKXVNN73       | Long             | EC               | CORP              | DK        |      1826 | NS      | $4324140.91   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| FAIRFAX FINANCIAL HOLDINGS LTD                            | FAIRFAX FINL HLDGS LTD SUB VTG    | CUSIP: 303901102<br>LEI: GLS7OQD0WOEDI8YAP031 | Long             | EC               | CORP              | CA        |      2642 | NS      | $4562831.64   | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| VODAFONE GRP PLC                                          | VODAFONE GROUP PLC                | CUSIP: N/A<br>LEI: 213800TB53ELEUKM7Q61       | Long             | EC               | CORP              | GB        |   2310968 | NS      | $3681953.52   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| 3I GROUP PLC                                              | 3I GROUP PLC                      | CUSIP: N/A<br>LEI: 35GDVHRBMFE7NWATNM84       | Long             | EC               | CORP              | GB        |    128596 | NS      | $4476907.32   | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| MAZDA MOTOR CORP                                          | MAZDA MOTOR CORP                  | CUSIP: N/A<br>LEI: 52990044YZJLICDQKK92       | Long             | EC               | CORP              | JP        |    324000 | NS      | $2091356.37   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| NORDEA BANK ABP                                           | NORDEA BANK ABP                   | CUSIP: N/A<br>LEI: 529900ODI3047E2LIV03       | Long             | EC               | CORP              | FI        |    285504 | NS      | $5310826.79   | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| BARRICK MINING CORP                                       | BARRICK MINING CORP               | CUSIP: 06849F108<br>LEI: 0O4KBQCJZX82UKGCBV73 | Long             | EC               | CORP              | CA        |    129716 | NS      | $5086285.30   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| VOLVO AB                                                  | VOLVO AB SER B                    | CUSIP: 928856301<br>LEI: 549300HGV012CNC8JD22 | Long             | EC               | CORP              | SE        |    197216 | NS      | $6802021.81   | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| CANADIAN NATURAL RESOURCES LTD                            | CANADIAN NATL RESOURCES LTD       | CUSIP: 136385101<br>LEI: 549300T15RIMIKZC5Q38 | Long             | EC               | CORP              | CA        |    137902 | NS      | $6569367.19   | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| ALIMENTATION COUCHE-TARD INC                              | ALIMENTATION COUCHE-TARD INC      | CUSIP: 01626P148<br>LEI: 549300OSW32RVX8CCZ87 | Long             | EC               | CORP              | CA        |     60201 | NS      | $3554296.05   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| CENTRICA PLC                                              | CENTRICA PLC                      | CUSIP: N/A<br>LEI: E26EDV109X6EEPBKVH76       | Long             | EC               | CORP              | GB        |   1528640 | NS      | $4461809.41   | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| PANDORA A/S                                               | PANDORA A/S                       | CUSIP: N/A<br>LEI: 5299007OWYZ6I1E46843       | Long             | EC               | CORP              | DK        |     69620 | NS      | $5287539.60   | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRSTSERVICE CORP                                         | FIRSTSERVICE CORP                 | CUSIP: 33767E202<br>LEI: 5493000XUDIV75BCF118 | Long             | EC               | CORP              | CA        |      1573 | NS      | $210345.85    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| ASML HOLDING NV                                           | ASML HOLDING NV                   | CUSIP: N/A<br>LEI: 724500Y6DUVHQD6OXN27       | Long             | EC               | CORP              | NL        |      9722 | NS      | $13940728.93  | 2.62%             |  |  |  | No            |                  1 | On Loan: No      |
| BARCLAYS PLC                                              | BARCLAYS PLC ORD                  | CUSIP: N/A<br>LEI: 213800LBQA1Y9L22JB70       | Long             | EC               | CORP              | GB        |   1036354 | NS      | $6075893.04   | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| MAGNA INTERNATIONAL INC                                   | MAGNA INTL INC                    | CUSIP: 559222401<br>LEI: 95RWVLFZX6VGDZNNTN43 | Long             | EC               | CORP              | CA        |     87540 | NS      | $5560085.96   | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| ALCON INC                                                 | ALCON INC                         | CUSIP: N/A<br>LEI: 549300LDT5AP8S0NBM78       | Long             | EC               | CORP              | CH        |     22973 | NS      | $1710233.44   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| MERCEDES-BENZ GROUP AG                                    | MERCEDES-BENZ GROUP AG            | CUSIP: N/A<br>LEI: 529900R27DL06UVNT076       | Long             | EC               | CORP              | DE        |     91313 | NS      | $5311283.14   | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| ESSITY AB                                                 | ESSITY AB B                       | CUSIP: N/A<br>LEI: 549300G8E6YUVJ1DA153       | Long             | EC               | CORP              | SE        |    117301 | NS      | $3099914.02   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| COMPASS GROUP PLC                                         | COMPASS GROUP PLC                 | CUSIP: N/A<br>LEI: 2138008M6MH9OZ6U2T68       | Long             | EC               | CORP              | GB        |    115859 | NS      | $3273016.75   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| NESTLE SA                                                 | NESTLE SA (REG)                   | CUSIP: N/A<br>LEI: KY37LUS27QQX7BB93L28       | Long             | EC               | CORP              | CH        |     84329 | NS      | $8524016.94   | 1.60%             |  |  |  | No            |                  1 | On Loan: No      |
| RENESAS ELECTRONICS CORP                                  | RENESAS ELECTRONICS CORP          | CUSIP: N/A<br>LEI: 5299000EPC47VJQOFB81       | Long             | EC               | CORP              | JP        |    329000 | NS      | $6743549.98   | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| VINCI SA                                                  | VINCI SA                          | CUSIP: N/A<br>LEI: 213800WFQ334R8UXUG83       | Long             | EC               | CORP              | FR        |     36764 | NS      | $5541692.32   | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| CK HUTCHISON HOLDINGS LTD                                 | CK HUTCHISON HOLDINGS LTD         | CUSIP: N/A<br>LEI: 254900Z8HM1VEPOQ2G79       | Long             | EC               | CORP              | KY        |    439000 | NS      | $3645374.18   | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| SANOFI                                                    | SANOFI                            | CUSIP: N/A<br>LEI: 549300E9PC51EN656011       | Long             | EC               | CORP              | FR        |     54506 | NS      | $5103552.19   | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| NN GROUP NV                                               | NN GROUP NV                       | CUSIP: N/A<br>LEI: 724500OHYNDT9OY6Q215       | Long             | EC               | CORP              | NL        |     45174 | NS      | $3937258.11   | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| MITSUBISHI UFJ FINANCIAL GROUP INC                        | MITSUBISHI UFJ FINL GRP INC       | CUSIP: N/A<br>LEI: 353800V2V8PUY9TK3E06       | Long             | EC               | CORP              | JP        |    396000 | NS      | $7118675.22   | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| AGNICO EAGLE MINES LTD                                    | AGNICO EAGLE MINES LTD            | CUSIP: 008474108<br>LEI: YGE0EUBRF7IJOB3QRX76 | Long             | EC               | CORP              | CA        |     32830 | NS      | $6161021.89   | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| SUNCOR ENERGY INC                                         | SUNCOR ENERGY INC                 | CUSIP: 867224107<br>LEI: 549300W70ZOQDVLCHY06 | Long             | EC               | CORP              | CA        |     94285 | NS      | $6447761.22   | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| SUNBELT RENTALS HOLDINGS INC                              | SUNBELT RENTALS HOLDINGS INC      | CUSIP: 866966104<br>LEI: 529900W4BQDNMAOSRA49 | Long             | EC               | CORP              | US        |     75458 | NS      | $5774800.74   | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-05-30

**Name of Applicant:** Stacie M. Smith

**Signature:** Stacie M. Smith

**Name of Signer:** Stacie M. Smith

**Title:** President and Treasurer