# EDGAR Filing Document

**Accession Number:** 0001502745
**File Stem:** 0001752724-23-008843
**Filing Date:** 2023-1
**Character Count:** 27239
**Document Hash:** 605862a61b185424083678f1dd409511
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-008843.hdr.sgml**: 20230123

**ACCESSION NUMBER**: 0001752724-23-008843

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221130

**FILED AS OF DATE**: 20230123

**DATE AS OF CHANGE**: 20230123

**PERIOD START**: 20221130

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Copeland Trust
- **CENTRAL INDEX KEY:** 0001502745
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22483
- **FILM NUMBER:** 23543784

**BUSINESS ADDRESS:**
- **STREET 1:** 1400 PEOPLES PLAZA
- **STREET 2:** SUITE 104
- **CITY:** NEWARK
- **STATE:** DE
- **ZIP:** 19702
- **BUSINESS PHONE:** 617-399-6935

**MAIL ADDRESS:**
- **STREET 1:** 1400 PEOPLES PLAZA
- **STREET 2:** SUITE 104
- **CITY:** NEWARK
- **STATE:** DE
- **ZIP:** 19702

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Edgartown Trust
- **DATE OF NAME CHANGE:** 20101004

## Series and Classes Contracts Data

### COPELAND INTERNATIONAL SMALL CAP FUND (Series ID: S000074827)

| Class ID   | Class Name                                           | Ticker Symbol   |
|:---|:---|:---|
| C000233044 | COPELAND INTERNATIONAL SMALL CAP FUND Class A Shares |  |
| C000233045 | COPELAND INTERNATIONAL SMALL CAP FUND Class I Shares |  |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Copeland Trust

- **b. Investment Company Act file number:** 811-22483

- **c. CIK number of Registrant:** 0001502745

- **d. LEI of Registrant:** 5493005MVJ95H6N82870

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

  - **Street Address 1:** 1400 PEOPLES PLAZA

  - **City:** NEWARK

  - **State:** DE

  - **Foreign country:** US

  - **Zip / Postal Code:** 19702

  - **Telephone number:** 617-399-6935

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

- **a. Name of Series:** Copeland International Small Cap Fund

- **b. EDGAR series identifier (if any):** S000074827

- **c. LEI of Series:** 549300NF6EWQK2SMZN38

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

- **a. Date of fiscal year-end:** 2022-11-30

- **b. Date as of which information is reported:** 2022-11-30

**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:** $375137.66

**Total Liabilities:** $62527.96

**Net Assets:** $312609.70

**Cash Not Reported:** $8713.08

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000233045 | -11.38%              | 4.48%                | 11.71%               |
| Class ID C000233044 | -11.38%              | 4.48%                | 11.71%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-7649.33                | $-27852.41                                 |
| Month 2  | $-13607.93               | $25685.82                                  |
| Month 3  | $-1224.75                | $33573.76                                  |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Ipsos                                                      | IPSOS                     | CUSIP: F5310M109<br>LEI: 9695002OY2X35E9X8W87 | Long             | EC               | CORP              | FR        |        98 | NS      | $5613.19      | 1.80%             |  |  |  | No            |                  2 | On Loan: No      |
| Nissan Chemical Corp.                                      | Nissan Chemical Industrie | CUSIP: J56988108<br>LEI: 3538002E4L1CUGJFFU25 | Long             | EC               | CORP              | JP        |        92 | NS      | $4567.42      | 1.46%             |  |  |  | No            |                  2 | On Loan: No      |
| Interrent Real Estate Investment Trust                     | INTERRENT REAL E          | CUSIP: 46071W205<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |       430 | NS      | $4005.40      | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Internet Initiative Japan Inc.                             | INTERNET INITIAT          | CUSIP: J24210106<br>LEI: 529900EOCJNAPUHDFR78 | Long             | EC               | CORP              | JP        |       355 | NS      | $6428.04      | 2.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Misumi Group Inc.                                          | MISUMI GROUP INC          | CUSIP: J43293109<br>LEI: 353800SJWGE5BEK2V032 | Long             | EC               | CORP              | JP        |       193 | NS      | $4797.70      | 1.53%             |  |  |  | No            |                  2 | On Loan: No      |
| Stevanato Group S.p.A.                                     | STEVANATO GROUP           | CUSIP: T9224W109<br>LEI: 81560033F7E1CD477507 | Long             | EC               | CORP              | IT        |       206 | NS      | $3153.86      | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Takeuchi Mfg Co                                            | TAKEUCHI MFG CO           | CUSIP: J8135G105<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |       200 | NS      | $4655.38      | 1.49%             |  |  |  | No            |                  2 | On Loan: No      |
| Argan                                                      | ARGAN                     | CUSIP: F0378V109<br>LEI: 529900FXM41XSCUSGH04 | Long             | EC               | CORP              | FR        |        61 | NS      | $4917.33      | 1.57%             |  |  |  | No            |                  2 | On Loan: No      |
| Fujimi Inc                                                 | FUJIMI INC                | CUSIP: J1497L101<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |       116 | NS      | $6009.44      | 1.92%             |  |  |  | No            |                  2 | On Loan: No      |
| Steadfast Group Ltd.                                       | STEADFAST GROUP           | CUSIP: Q8744R106<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |      2059 | NS      | $7468.88      | 2.39%             |  |  |  | No            |                  2 | On Loan: No      |
| Hufvudstaden AB                                            | HUFVUDSTADEN -A           | CUSIP: W30061126<br>LEI: 213800UEV5ZAFFVQ4J85 | Long             | EC               | CORP              | SE        |       343 | NS      | $4857.82      | 1.55%             |  |  |  | No            |                  2 | On Loan: No      |
| UNITE Group PLC                                            | UNITE GROUP/THE           | CUSIP: G9283N101<br>LEI: 213800BBUUWVDH9YI827 | Long             | EC               | CORP              | GB        |       525 | NS      | $5881.01      | 1.88%             |  |  |  | No            |                  2 | On Loan: No      |
| Kongsberg Gruppen ASA                                      | KONGSBERG GRUPPEN ASA     | CUSIP: R60837102<br>LEI: 5967007LIEEXZXJ9HK73 | Long             | EC               | CORP              | NO        |       138 | NS      | $5723.62      | 1.83%             |  |  |  | No            |                  2 | On Loan: No      |
| RWS Holdings PLC                                           | RWS HOLDINGS PLC          | CUSIP: G7734E118<br>LEI: 213800YGBGTTSKUVK111 | Long             | EC               | CORP              | GB        |      1151 | NS      | $4591.45      | 1.47%             |  |  |  | No            |                  2 | On Loan: No      |
| Recordati Industria Chimica e Farmaceutica S p A           | Recordati SpA             | CUSIP: T78458139<br>LEI: 815600FBF92FD3531704 | Long             | EC               | CORP              | IT        |       128 | NS      | $5483.93      | 1.75%             |  |  |  | No            |                  2 | On Loan: No      |
| Okinawa Cellular                                           | OKINAWA CELLULAR          | CUSIP: J60805108<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |       163 | NS      | $3261.57      | 1.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Bravida Holding AB                                         | BRAVIDA HOLDING AB        | CUSIP: W2R16Z106<br>LEI: 549300H88IJGPNNL3T61 | Long             | EC               | CORP              | SE        |       423 | NS      | $4287.97      | 1.37%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Whitecap Resources Inc                                     | Whitecap Resources Inc    | CUSIP: 96467A200<br>LEI: 5493004AMPGZA0JO5Q37 | Long             | EC               | CORP              | CA        |       551 | NS      | $4395.19      | 1.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Opap S.A.                                                  | OPAP SA                   | CUSIP: X3232T104<br>LEI: 213800M4NRGFJCI34834 | Long             | EC               | CORP              | GR        |       563 | NS      | $7805.18      | 2.50%             |  |  |  | No            |                  2 | On Loan: No      |
| Nakanishi Inc                                              | NAKANISHI INC             | CUSIP: J4800J102<br>LEI: 353800EXA7IQ42YKF224 | Long             | EC               | CORP              | JP        |       205 | NS      | $4297.96      | 1.37%             |  |  |  | No            |                  2 | On Loan: No      |
| AIXTRON SE                                                 | AIXTRON SE                | CUSIP: D0257Y135<br>LEI: 5299004UJ4D51M25LD67 | Long             | EC               | CORP              | DE        |       159 | NS      | $5248.28      | 1.68%             |  |  |  | No            |                  2 | On Loan: No      |
| Zeon Corp.                                                 | ZEON CORP                 | CUSIP: J9886P104<br>LEI: 529900UEFURDYZ4F4U10 | Long             | EC               | CORP              | JP        |       634 | NS      | $6178.85      | 1.98%             |  |  |  | No            |                  2 | On Loan: No      |
| Asics Corp                                                 | ASICS CORP                | CUSIP: J03234150<br>LEI: 3538002LJMRZ83SU0B85 | Long             | EC               | CORP              | JP        |       209 | NS      | $4564.04      | 1.46%             |  |  |  | No            |                  2 | On Loan: No      |
| Digital Arts Inc                                           | DIGITAL ARTS INC          | CUSIP: J1228V105<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |        93 | NS      | $4477.59      | 1.43%             |  |  |  | No            |                  2 | On Loan: No      |
| Treatt PLC                                                 | TREATT PLC                | CUSIP: G9026D113<br>LEI: 213800G4OJM9F7G9LG39 | Long             | EC               | CORP              | GB        |       542 | NS      | $4361.27      | 1.40%             |  |  |  | No            |                  2 | On Loan: No      |
| Nippon Gas Co Ltd                                          | NIPPON GAS                | CUSIP: J50151117<br>LEI: 549300N3DC5V2XON9C60 | Long             | EC               | CORP              | JP        |       209 | NS      | $3214.72      | 1.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Sig Group AG                                               | SIG COMBIBLOC GR          | CUSIP: H76406117<br>LEI: 5493004Z6P7TSVB1L042 | Long             | EC               | CORP              | CH        |       235 | NS      | $5180.53      | 1.66%             |  |  |  | No            |                  2 | On Loan: No      |
| Elan Corporation                                           | ELAN CORP                 | CUSIP: J1348H101<br>LEI: 529900ME30V6Y8RPTP62 | Long             | EC               | CORP              | JP        |       534 | NS      | $4028.48      | 1.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Universal Display Corp.                                    | UNIVERSAL DISPLA          | CUSIP: 91347P105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |        38 | NS      | $4279.56      | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Euronext N.V.                                              | EURONEXT NV               | CUSIP: N3113K397<br>LEI: 724500QJ4QSZ3H9QU415 | Long             | EC               | CORP              | NL        |        66 | NS      | $5055.14      | 1.62%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Bytes Technology Group PLC                                 | BYTES TECHNOLOGY          | CUSIP: G1824W104<br>LEI: 213800LA4DZLFBAC9O33 | Long             | EC               | CORP              | GB        |       949 | NS      | $4753.48      | 1.52%             |  |  |  | No            |                  2 | On Loan: No      |
| BAWAG Group AG                                             | BAWAG GROUP AG            | CUSIP: A0997C107<br>LEI: 529900S9YO2JHTIIDG38 | Long             | EC               | CORP              | AT        |        84 | NS      | $4406.43      | 1.41%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Toromont Industries Ltd.                                   | Toromont Industries Ltd   | CUSIP: 891102105<br>LEI: 5493008W5EPRSLQ0B737 | Long             | EC               | CORP              | CA        |        64 | NS      | $4871.03      | 1.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Citic Telecom International Holdings Limited               | CITIC TELECOM             | CUSIP: Y1640H109<br>LEI: N/A                  | Long             | EC               | CORP              | HK        |     13482 | NS      | $4449.73      | 1.42%             |  |  |  | No            |                  2 | On Loan: No      |
| Mitsubishi HC Capital Inc.                                 | MITSUBISHI UFJ L          | CUSIP: J4706D100<br>LEI: 353800MZ3QX9RLMH7B09 | Long             | EC               | CORP              | JP        |      1138 | NS      | $5429.64      | 1.74%             |  |  |  | No            |                  2 | On Loan: No      |
| Chemring Group PLC                                         | CHEMRING GROUP            | CUSIP: G20860139<br>LEI: 213800U9A54VQJ5P2J41 | Long             | EC               | CORP              | GB        |      1222 | NS      | $4633.61      | 1.48%             |  |  |  | No            |                  2 | On Loan: No      |
| First International Bank Of Israel                         | FIBI BANK                 | CUSIP: M1648G106<br>LEI: 2138002RV6AUUX19F397 | Long             | EC               | CORP              | IL        |        91 | NS      | $3950.49      | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Iren SpA                                                   | IREN SPA                  | CUSIP: T5551Y106<br>LEI: 8156001EBD33FD474E60 | Long             | EC               | CORP              | IT        |      2087 | NS      | $3468.72      | 1.11%             |  |  |  | No            |                  2 | On Loan: No      |
| WH Smith PLC                                               | WH SMITH PLC              | CUSIP: G8927V149<br>LEI: 2138001KJNGUJ34G7X91 | Long             | EC               | CORP              | GB        |       270 | NS      | $4611.20      | 1.48%             |  |  |  | No            |                  2 | On Loan: No      |
| ADV Med Solutions                                          | ADVANCED MEDICAL          | CUSIP: G0098X103<br>LEI: 213800HJP6OWOSZI1L74 | Long             | EC               | CORP              | GB        |      1274 | NS      | $4215.35      | 1.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Diploma PLC                                                | DIPLOMA PLC               | CUSIP: G27664112<br>LEI: 2138008OGI7VYG8FGR19 | Long             | EC               | CORP              | GB        |       139 | NS      | $4755.14      | 1.52%             |  |  |  | No            |                  2 | On Loan: No      |
| Sagax AB                                                   | SAGAX AB-B                | CUSIP: W7519A200<br>LEI: 549300LJX28T6OM8DT95 | Long             | EC               | CORP              | SE        |       163 | NS      | $3625.49      | 1.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Ishares Trust                                              | ISHARES MSCI EAFE SMALL-C | CUSIP: 464288273<br>LEI: 549300MGJZCNMJLBAJ67 | Long             | EC               | RF                | US        |        90 | NS      | $5130.00      | 1.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Hensoldt AG                                                | HENSOLDT AG               | CUSIP: D3R14P109<br>LEI: 894500686FYLLZD3M624 | Long             | EC               | CORP              | DE        |       240 | NS      | $5615.47      | 1.80%             |  |  |  | No            |                  2 | On Loan: No      |
| Information Services Int'l -Dentsu, Ltd.                   | INFO SVS INTL             | CUSIP: J2388L101<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |       181 | NS      | $6104.15      | 1.95%             |  |  |  | No            |                  2 | On Loan: No      |
| Popular, Inc.                                              | POPULAR INC               | CUSIP: 733174700<br>LEI: 5493008CARDZMVQ3LO89 | Long             | EC               | CORP              | PR        |        59 | NS      | $4308.18      | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Shoei Co Ltd                                               | SHOEI CO LTD              | CUSIP: J74530114<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |       181 | NS      | $7365.72      | 2.36%             |  |  |  | No            |                  2 | On Loan: No      |
| RS Group plc                                               | RS GROUP PLC              | CUSIP: G29848101<br>LEI: 549300KVXDURRKVW7R37 | Long             | EC               | CORP              | GB        |       433 | NS      | $4816.98      | 1.54%             |  |  |  | No            |                  2 | On Loan: No      |
| Bezeq The Israeli Telecommunication Corp Ltd               | BEZEQ THE ISRAELI TELECOM | CUSIP: M2012Q100<br>LEI: 213800XCGZCFSWY9U863 | Long             | EC               | CORP              | IL        |      1882 | NS      | $3475.48      | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Tourmaline Oil Corp.                                       | TOURMALINE OIL C          | CUSIP: 89156V106<br>LEI: 549300EWGW5PUCV5A109 | Long             | EC               | CORP              | CA        |        93 | NS      | $5660.23      | 1.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Tokmanni Group Oyj                                         | Tokmanni Group Corp       | CUSIP: X9078R102<br>LEI: 743700VMG6KWF0FW1560 | Long             | EC               | CORP              | FI        |       350 | NS      | $4827.33      | 1.54%             |  |  |  | No            |                  2 | On Loan: No      |
| Hamamatsu Photonic                                         | Hamamatsu Photonics KK    | CUSIP: J18270108<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |       100 | NS      | $5280.67      | 1.69%             |  |  |  | No            |                  2 | On Loan: No      |
| Interpump Group                                            | Interpump Group SpA       | CUSIP: T5513W107<br>LEI: 815600C79D0F31F4D395 | Long             | EC               | CORP              | IT        |        90 | NS      | $4044.08      | 1.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Scsk Corp                                                  | SCSK CORP                 | CUSIP: J70081104<br>LEI: 529900SNGFXMSUBB7864 | Long             | EC               | CORP              | JP        |       280 | NS      | $4534.86      | 1.45%             |  |  |  | No            |                  2 | On Loan: No      |
| Sydbank AS                                                 | SYDBANK A/S               | CUSIP: K9419V113<br>LEI: GP5DT10VX1QRQUKVBK64 | Long             | EC               | CORP              | DK        |       152 | NS      | $5685.99      | 1.82%             |  |  |  | No            |                  2 | On Loan: No      |
| Halma PLC                                                  | HALMA PLC                 | CUSIP: G42504103<br>LEI: 2138007FRGLUR9KGBT40 | Long             | EC               | CORP              | GB        |       180 | NS      | $4776.07      | 1.53%             |  |  |  | No            |                  2 | On Loan: No      |
| Mitsui Fudosan Logistics Park Inc                          | MITSUI FUDOSAN L          | CUSIP: J44788107<br>LEI: 353800DN63EIYS760S59 | Long             | EC               | CORP              | JP        |         1 | NS      | $3631.04      | 1.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Stella Jones Inc                                           | STELLA-JONES INC          | CUSIP: 85853F105<br>LEI: 5493007LOVNNLYJ6KZ35 | Long             | EC               | CORP              | CA        |       124 | NS      | $4400.79      | 1.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Frasers Centrepoint Trust                                  | FRASERS CENTREPO          | CUSIP: Y2642S101<br>LEI: 5493002RGQ266FKERZ83 | Long             | EC               | CORP              | SG        |      2217 | NS      | $3324.04      | 1.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Inter Parfums Inc                                          | INTER PARFUMS             | CUSIP: 458334109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       110 | NS      | $10481.90     | 3.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Logitech International SA                                  | LOGITECH INTER-R          | CUSIP: H50430232<br>LEI: 549300SN6PRK6IJJC215 | Long             | EC               | CORP              | CH        |        65 | NS      | $3940.57      | 1.26%             |  |  |  | No            |                  2 | On Loan: No      |
| Fullcast Holdings                                          | FULLCAST HOLDING          | CUSIP: J16233108<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |       202 | NS      | $4573.56      | 1.46%             |  |  |  | No            |                  2 | On Loan: No      |
| Brookfield Infrastructure Corporation                      | BROOKFIELD INF-A          | CUSIP: 11275Q107<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |        94 | NS      | $4404.55      | 1.41%             |  |  |  | No            |                  1 | On Loan: No      |
| TMX Group Limited                                          | TMX GROUP LTD             | CUSIP: 87262K105<br>LEI: 549300N65GFVKSHGJW59 | Long             | EC               | CORP              | CA        |        49 | NS      | $5137.65      | 1.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Bosideng International Holdings Ltd.                       | BOSIDENG INTERNATIONAL HO | CUSIP: G12652106<br>LEI: 254900G7F1RDM4B3S169 | Long             | EC               | CORP              | KY        |      8899 | NS      | $4434.16      | 1.42%             |  |  |  | No            |                  2 | On Loan: No      |
| Cosmos Pharmaceutical Corp.                                | COSMOS PHARM              | CUSIP: J08959108<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |        40 | NS      | $4077.76      | 1.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Freehold Royalties Ltd                                     | FREEHOLD ROYALTI          | CUSIP: 356500108<br>LEI: 529900KRYLKJ2WW87P48 | Long             | EC               | CORP              | CA        |       335 | NS      | $4119.14      | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Canadian Apartment Properties Real Estate Investment Trust | CAN APARTMENT PROP REAL E | CUSIP: 134921105<br>LEI: 549300B1MYVTQEB2DI90 | Long             | EC               | CORP              | CA        |       139 | NS      | $4515.67      | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Hilton Food Group PLC                                      | HILTON FOOD GROUP PLC     | CUSIP: G4586W106<br>LEI: 213800JY7VJFS2OOX355 | Long             | EC               | CORP              | GB        |       524 | NS      | $3440.37      | 1.10%             |  |  |  | No            |                  2 | On Loan: No      |
| BayCurrent Consulting Inc                                  | BAYCURRENT CONS           | CUSIP: J0433F103<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |       163 | NS      | $5417.54      | 1.73%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2022-12-28

**Name of Applicant:** Copeland Trust

**Signature:** James Colantino

**Name of Signer:** James Colantino

**Title:** Assistant Treasurer