EX-99 6 secalloc.txt
GMO Trust FYE 2/28/01 Attachment Filed in Response to Form N-SAR Sub-Item 77P GMO Fund of Fund Allocation % March, 2000 Intl Equity Alloc Global(US+) Equity Alloc World Equity Alloc Global Balanced Alloc Name of Fund Owned Mkt Value % of Total Mkt Value % of Total Mkt Value % of Total Mkt Value % of Total U.S.Core Fund $0 0.00% $13,187,494 33.94% $1,754,109 15.41% $18,929,404 15.54% Currency Hedged IntL Equity Fund $0 0.00% $546,439 1.41% $163,280 1.43% $5,124,800 4.21% Domestic Bond Fund . $0 0.00% $0 0.00% $0 0.00% $16,676,651 13.69% Emerging Country Debt Fund $3,450,362 4.30% $1,780,429 4.58% $618,093 5.43% $3,793,069 3.11% Emerging Markets Fund $8,860,755 11.03% $2,474,570 6.37% $1,065,686 9.36% $5,849,844 4.80% Growth Fund $0 0.00% $301,919 0.78% $82,978 0.73% $303,239 0.25% International Bond Fund $1,723,351 2.15% $0 0.00% $204,188 1.79% $2,797,665 2.30% Internationl Core Fund $47,454,913 59.08% $5,084,764 13.09% $3,536,718 31.07% $9,079,816 7.46% International Small Companies Fund $2,949,285 3.67% $414,293 1.07% $211,209 1.86% $920,303 0.76% REIT Fund $0 0.00% $3,014,864 7.76% $565,545 4.97% $6,894,390 5.66% Small Cap Growth Fund $0 0.00% $882,029 2.27% $164,127 1.44% $1,760,873 1.45% Small Cap Value Fund $0 0.00% $4,183,049 10.77% $780,563 6.86% $8,433,296 6.93% Value Fund $0 0.00% $1,453,766 3.74% $254,660 2.24% $2,510,129 2.06% Inflation Indexed Bond Fund $2,061,477 2.57% $1,444,287 3.72% $445,004 3.91% $5,681,680 4.67% U.S. Bond/Global Alpha A Fund $1,307,467 1.63% $1,270,955 3.27% $250,332 2.20% $27,247,470 22.37% Evolving Countries Fund $12,522,134 15.59% $2,815,488 7.25% $1,286,727 11.30% $5,775,578 4.74% Total Market Value $80,329,744 100.00% $38,854,345 100.00% $11,383,219 100.00% $121,778,208 100.00% GMO Fund of Fund Allocation % April, 2000 Intl Equity Alloc Global(US+) Equity Alloc World Equity Alloc Global Balanced Alloc Name of Fund Owned Mkt Value % of Total Mkt Value % of Total Mkt Value % of Total Mkt Value % of Total U.S.Core Fund $0 0.00% $13,757,506 34.13% $1,731,224 15.68% $18,682,440 15.57% Currency Hedged Intl Equity Fund $0 0.00% $551,214 1.37% $164,707 1.49% $5,169,580 4.31% Domestic Bond Fund $0 0.00% $0 0.00% $0 0.00% $16,629,526 13.86% Emerging Country Debt Fund $3,335,371 4.36% $1,737,338 4.31% $603,114 5.46% $3,651,086 3.04% Emerging Markets Fund $8,040,737 10.50% $2,509,503 6.23% $967,062 8.76% $5,308,470 4.42% Growth Fund $0 0.00% $290,651 0.72% $79,881 0.72% $291,922 0.24% Inflation Indexed Bond Fund $2,090,395 2.73% $1,607,240 3.99% $451,247 4.09% $5,761,383 4.80% International Bond Fund $1,647,240 2.15% $0 0.00% $195,170 1.77% $2,674,109 2.23% Internationl Core Fund $45,958,392 60.03% $5,220,654 12.95% $3,425,185 31.02% $8,793,479 7.33% International Small Companies Fund $2,844,128 3.71% $399,522 0.99% $203,678 1.84% $887,490 0.74% REIT Fund $0 0.00% $3,379,961 8.39% $600,688 5.44% $7,322,810 6.10% Small Cap Growth Fund $0 0.00% $782,764 1.94% $151,267 1.37% $1,494,533 1.25% Small Cap Value Fund $0 0.00% $4,479,476 11.11% $789,896 7.15% $8,534,139 7.11% Value Fund $0 0.00% $1,573,080 3.90% $260,230 2.36% $2,565,027 2.14% U.S. Bond/Global Alpha A Fund $1,295,423 1.69% $1,455,501 3.61% $248,026 2.25% $26,996,470 22.49% Evolving CountriesFund $11,350,134 14.82% $2,560,185 6.35% $1,170,049 10.60% $5,251,861 4.38% Total Market Value $76,561,821 100.00% $40,304,594 100.00% $11,041,424 100.00% $120,014,323 100.00% GMO Fund of Fund Allocation % May, 2000 Intl Equity Alloc Global(US+) Equity Alloc World Equity Alloc Global Balanced Alloc Name of Fund Owned Mkt Value % of Total Mkt Value % of Total Mkt Value % of Total Mkt Value % of Total U.S.Core Fund $0 0.00% $12,980,320 33.70% $1,685,486 15.54% $19,422,583 15.37% Currency Hedged Intl Equity Fund $0 0.00% $555,458 1.44% $165,975 1.53% $5,209,384 4.12% Domestic Bond Fund $0 0.00% $0 0.00% $0 0.00% $18,681,106 14.78% Emerging Country Debt Fund $3,218,266 4.19% $1,641,344 4.26% $587,495 5.42% $4,064,648 3.22% Emerging Markets Fund $7,965,268 10.36% $2,236,498 5.81% $906,792 8.36% $5,639,631 4.46% Growth Fund $0 0.00% $274,630 0.71% $75,478 0.70% $275,832 0.22% Inflation Indexed Bond Fund $2,176,537 2.83% $1,539,786 4.00% $448,125 4.13% $6,172,879 4.88% International Bond Fund $1,816,798 2.36% $0 0.00% $194,740 1.80% $2,668,226 2.11% Internationl Core Fund $47,127,791 61.31% $5,082,203 13.19% $3,446,199 31.78% $9,806,422 7.76% International Small Companies Fund $2,836,792 3.69% $398,491 1.03% $203,153 1.87% $966,107 0.76% REIT Fund $0 0.00% $3,399,500 8.83% $613,053 5.65% $8,019,344 6.34% Small Cap Growth Fund $0 0.00% $611,403 1.59% $136,875 1.26% $1,352,341 1.07% Small Cap Value Fund $0 0.00% $4,351,815 11.30% $776,091 7.16% $9,057,999 7.17% US Bond/Global Alpha A $1,240,870 1.61% $1,435,954 3.73% $244,695 2.26% $27,327,146 21.62% Value Fund $0 0.00% $1,623,102 4.21% $268,504 2.48% $2,830,300 2.24% Evolving Countries $10,482,667 13.64% $2,388,393 6.20% $1,091,537 10.07% $4,899,452 3.88% Total Market Value $76,864,989 100.00% $38,518,897 100.00% $10,844,199 100.00% $126,393,399 100.00% GMO Fund of Fund Allocation % June, 2000 Intl Equity Alloc Global(US+) Equity Alloc World Equity Alloc Global Balanced Alloc Name of Fund Owned Mkt Value % of Total Mkt Value % of Total Mkt Value % of Total Mkt Value % of Total U.S.Core Fund $0 0.00% $14,087,266 33.44% $1,691,325 15.08% $19,111,810 15.19% Currency Hedged Intl Equity Fund $0 0.00% $537,399 1.28% $173,902 1.55% $5,002,764 3.98% Domestic Bond Fund $0 0.00% $0 0.00% $0 0.00% $18,805,382 14.94% Emerging Country Debt Fund $3,408,233 4.21% $1,738,229 4.13% $622,173 5.55% $3,954,083 3.14% Emerging Markets Fund $8,157,782 10.08% $2,583,163 6.13% $928,709 8.28% $5,525,182 4.39% Growth Fund $0 0.00% $297,516 0.71% $81,768 0.73% $198,237 0.16% Inflation Indexed Bond Fund $2,206,857 2.73% $1,762,619 4.18% $454,368 4.05% $6,108,426 4.85% International Bond Fund $1,868,115 2.31% $0 0.00% $202,470 1.80% $2,697,481 2.14% Internationl Core Fund $50,200,382 62.06% $5,917,875 14.05% $3,670,880 32.72% $10,242,641 8.14% International Small Companies Fund $3,049,551 3.77% $428,378 1.02% $218,389 1.95% $1,038,565 0.83% REIT Fund $0 0.00% $3,779,105 8.97% $633,879 5.65% $8,003,428 6.36% Small Cap Value Fund $0 0.00% $5,326,820 12.65% $910,896 8.12% $10,092,357 8.02% US Bond/Global Alpha A $1,276,041 1.58% $1,671,176 3.97% $253,150 2.26% $27,427,162 21.79% Value Fund $0 0.00% $1,536,858 3.65% $254,237 2.27% $2,604,922 2.07% Evolving Countries $10,725,316 13.26% $2,455,201 5.83% $1,122,070 10.00% $5,036,500 4.00% Total Market Value $80,892,277 100.00% $42,121,606 100.00% $11,218,216 100.00% $125,848,941 100.00% GMO Fund of Fund Allocation % July, 2000 Intl Equity Alloc Global(US+) Equity Alloc World Equity Alloc Global Balanced Alloc Name of Fund Owned Mkt Value % of Total Mkt Value % of Total Mkt Value % of Total Mkt Value % of Total U.S.Core Fund $0 0.00% $14,074,250 33.45% $1,656,941 15.25% $18,843,564 15.21% Currency Hedged Intl Equity Fund $0 0.00% $453,351 1.08% $73,686 0.68% $4,491,806 3.63% Domestic Bond Fund $0 0.00% $0 0.00% $0 0.00% $18,956,499 15.30% Emerging Country Debt Fund $2,735,345 3.47% $1,404,839 3.34% $475,468 4.38% $2,500,415 2.02% Emerging Markets Fund $8,021,418 10.18% $2,539,983 6.04% $913,184 8.41% $5,336,840 4.31% Growth Fund $0 0.00% $209,373 0.50% $40,866 0.38% $116,173 0.09% Inflation Indexed Bond Fund $2,984,766 3.79% $2,166,906 5.15% $594,497 5.47% $7,378,419 5.96% International Bond Fund $1,819,177 2.31% $0 0.00% $197,166 1.81% $2,428,336 1.96% Internationl Core Fund $48,680,431 61.77% $5,738,696 13.64% $3,559,735 32.77% $9,932,518 8.02% International Small Companies Fund $2,980,451 3.78% $418,671 1.00% $213,441 1.96% $1,015,032 0.82% REIT Fund $0 0.00% $4,080,138 9.70% $684,372 6.30% $8,506,379 6.87% Small Cap Value Fund $0 0.00% $5,387,152 12.80% $905,924 8.34% $10,006,416 8.08% US Bond/Global Alpha A $1,282,886 1.63% $1,680,141 3.99% $254,508 2.34% $27,072,219 21.85% Value Fund $0 0.00% $1,543,770 3.67% $256,990 2.37% $2,438,557 1.97% Evolving Countries $10,308,881 13.08% $2,374,543 5.64% $1,037,500 9.55% $4,871,041 3.93% Total Market Value $78,813,354 100.00% $42,071,812 100.00% $10,864,281 100.00% $123,894,214 100.00% GMO Fund of Fund Allocation % August, 2000 Intl Equity Alloc Global(US+) Equity Alloc World Equity Alloc Global Balanced Alloc Name of Fund Owned Mkt Value % of Total Mkt Value % of Total Mkt Value % of Total Mkt Value % of Total U.S.Core Fund $0 0.00% $15,324,703 34.90% $1,804,155 16.15% $20,517,756 16.08% Currency Hedged Intl Equity Fund $0 0.00% $464,930 1.06% $75,568 0.68% $4,606,528 3.61% Domestic Bond Fund $0 0.00% $0 0.00% $0 0.00% $19,280,888 15.11% Emerging Country Debt Fund $2,683,336 3.42% $1,462,147 3.33% $494,865 4.43% $2,602,417 2.04% Emerging Markets Fund $8,229,975 10.49% $2,606,023 5.94% $936,927 8.39% $5,475,597 4.29% Evolving Countries Fund$10,421,913 13.28% $2,462,128 5.61% $1,075,769 9.63% $5,050,711 3.96% Growth Fund $0 0.00% $168,688 0.38% $45,318 0.41% $128,828 0.10% Inflation Indexed Bond Fund $2,992,248 3.81% $2,179,640 4.96% $597,991 5.35% $7,421,779 5.81% International Bond Fund $1,799,273 2.29% $0 0.00% $195,009 1.75% $2,401,768 1.88% Internationl Core Fund $47,999,268 61.18% $5,751,961 13.10% $3,567,963 31.93% $9,955,478 7.80% International Small Companies Fund $3,014,739 3.84% $423,488 0.96% $215,896 1.93% $1,026,709 0.80% REIT Fund $0 0.00% $3,937,760 8.97% $660,491 5.91% $8,209,547 6.43% Small Cap Value Fund $0 0.00% $5,760,175 13.12% $968,653 8.67% $10,699,292 8.38% US Bond/Global Alpha A $1,310,688 1.67% $1,716,552 3.91% $260,024 2.33% $27,658,923 21.67% Value Fund $0 0.00% $1,646,090 3.75% $274,023 2.45% $2,600,182 2.04% Total Market Value $78,451,441 100.00% $43,904,286 100.00% $11,172,653 100.00% $127,636,403 100.00% GMO Fund of Fund Allocation % September, 2000 Intl Equity Alloc Global(US+) Equity Alloc World Equity Alloc Global Balanced Alloc Name of Fund Owned Mkt Value % of Total Mkt Value % of Total Mkt Value % of Total Mkt Value % of Total U.S.Core Fund $0 0.00% $15,401,408 34.88% $1,737,334 16.00% $19,416,790 15.68% Currency Hedged Intl Equity Fund $0 0.00% $458,250 1.04% $74,483 0.69% $4,374,050 3.53% Domestic Bond Fund $0 0.00% $0 0.00% $0 0.00% $19,201,272 15.50% Emerging Country Debt Fund $2,652,069 3.50% $1,445,110 3.27% $489,098 4.50% $2,469,982 1.99% Emerging Markets Fund $7,508,047 9.91% $2,377,424 5.38% $854,741 7.87% $4,831,200 3.90% Evolving Countries Fund $9,453,870 12.48% $2,233,432 5.06% $975,845 8.99% $4,581,573 3.70% Growth Fund $0 0.00% $157,088 0.36% $42,202 0.39% $0 0.00% Inflation Indexed Bond Fund $3,018,470 3.98% $2,198,741 4.98% $603,232 5.56% $7,285,654 5.88% International Bond Fund $1,797,283 2.37% $0 0.00% $194,793 1.79% $2,399,111 1.94% Internationl Core Fund $47,069,393 62.14% $5,991,571 13.57% $3,498,842 32.22% $9,659,510 7.80% International Small Companies Fund $2,935,612 3.88% $412,373 0.93% $210,230 1.94% $999,762 0.81% REIT Fund $0 0.00% $4,067,934 9.21% $682,325 6.28% $8,377,754 6.76% Small Cap Value Fund $0 0.00% $5,904,677 13.37% $963,547 8.87% $10,468,929 8.45% US Bond/Global Alpha A $1,315,984 1.74% $1,884,055 4.27% $261,075 2.40% $27,227,397 21.98% Value Fund $0 0.00% $1,624,549 3.68% $270,437 2.49% $2,566,155 2.07% Total Market Value $75,750,728 100.00% $44,156,613 100.00% $10,858,184 100.00% $123,859,138 100.00% GMO Fund of Fund Allocation % October, 2000 Intl Equity Alloc Global(US+) Equity Alloc World Equity Alloc Global Balanced Alloc Name of Fund Owned Mkt Value % of Total Mkt Value % of Total Mkt Value % of Total Mkt Value % of Total U.S.Core Fund $0 0.00% $15,532,282 35.49% $1,752,098 16.44% $19,581,785 15.92% Currency Hedged Intl Equity Fund $0 0.00% $464,485 1.06% $75,496 0.71% $4,381,927 3.56% Domestic Bond Fund $0 0.00% $0 0.00% $0 0.00% $19,370,584 15.75% Emerging Country Debt Fund $2,419,519 3.29% $1,409,485 3.22% $477,041 4.48% $2,409,093 1.96% Emerging Markets Fund $7,146,591 9.72% $2,199,626 5.03% $790,818 7.42% $4,469,892 3.63% Evolving Countries Fund $8,484,050 11.54% $2,055,828 4.70% $898,246 8.43% $4,217,243 3.43% Growth Fund $0 0.00% $128,762 0.29% $40,625 0.38% $0 0.00% Inflation Indexed Bond Fund $3,218,143 4.38% $2,234,821 5.11% $613,130 5.75% $7,405,206 6.02% International Bond Fund $1,749,515 2.38% $0 0.00% $189,616 1.78% $2,381,438 1.94% Internationl Core Fund $46,351,305 63.03% $5,967,926 13.63% $3,456,053 32.43% $9,490,383 7.72% International Small Companies Fund $2,893,496 3.93% $399,405 0.91% $203,619 1.91% $968,323 0.79% REIT Fund $0 0.00% $3,888,945 8.88% $652,303 6.12% $8,009,133 6.51% Small Cap Value Fund $0 0.00% $5,916,490 13.52% $965,475 9.06% $10,489,873 8.53% US Bond/Global Alpha A $1,272,263 1.73% $1,885,951 4.31% $261,337 2.45% $27,148,468 22.07% Value Fund $0 0.00% $1,687,073 3.85% $280,846 2.64% $2,664,920 2.17% Total Market Value $73,534,882 100.00% $43,771,079 100.00% $10,656,702 100.00% $122,988,268 100.00% GMO Fund of Fund Allocation % November, 2000 Intl Equity Alloc Global(US+) Equity Alloc World Equity Alloc Global Balanced Alloc Name of Fund Owned Mkt Value % of Total Mkt Value % of Total Mkt Value % of Total Mkt Value % of Total U.S.Core Fund $0 0.00% $14,399,623 33.96% $1,624,330 15.53% $18,153,825 14.92% Currency Hedged Intl Equity Fund $0 0.00% $466,266 1.10% $75,785 0.72% $4,398,732 3.61% Domestic Bond Fund $0 0.00% $0 0.00% $0 0.00% $24,753,553 20.34% Emerging Country Debt Fund $2,406,225 3.29% $1,401,741 3.31% $474,420 4.54% $2,395,856 1.97% Emerging Markets Fund $6,733,970 9.22% $2,072,626 4.89% $745,158 7.12% $4,211,815 3.46% Evolving Countries Fund $8,032,237 10.99% $1,946,346 4.59% $850,410 8.13% $3,992,657 3.28% Growth Fund $0 0.00% $110,408 0.26% $34,834 0.33% $0 0.00% Inflation Indexed Bond Fund $3,260,930 4.46% $2,264,534 5.34% $621,282 5.94% $7,503,661 6.17% International Bond Fund $1,783,351 2.44% $0 0.00% $193,283 1.85% $2,427,495 1.99% Internationl Core Fund $46,594,881 63.76% $6,007,712 14.17% $3,479,093 33.26% $9,553,652 7.85% International Small Companies Fund $2,974,020 4.07% $410,520 0.97% $209,285 2.00% $995,270 0.82% REIT Fund $0 0.00% $3,982,508 9.39% $667,996 6.39% $8,151,357 6.70% Small Cap Value Fund $0 0.00% $5,772,842 13.61% $942,034 9.01% $10,185,858 8.37% US Bond/Global Alpha A $1,287,607 1.76% $1,908,696 4.50% $264,489 2.53% $22,356,128 18.37% Value Fund $0 0.00% $1,660,037 3.91% $276,345 2.64% $2,622,213 2.15% Total Market Value $73,073,219 100.00% $42,403,859 100.00% $10,458,746 100.00% $121,702,072 100.00% GMO Fund of Fund Allocation % December, 2000 Intl Equity Alloc Global(US+) Equity Alloc World Equity Alloc Global Balanced Alloc Name of Fund Owned Mkt Value % of Total Mkt Value % of Total Mkt Value % of Total Mkt Value % of Total U.S.Core Fund $0 0.00% $14,411,660 33.56% $1,666,454 15.22% $17,850,233 14.66% Currency Hedged Intl Equity Fund $0 0.00% $477,865 1.11% $77,671 0.71% $4,232,757 3.48% Domestic Bond Fund $0 0.00% $0 0.00% $0 0.00% $25,135,065 20.64% Emerging Country Debt Fund $2,441,373 3.32% $1,449,622 3.38% $490,625 4.48% $2,477,694 2.03% Emerging Markets Fund $6,831,494 9.30% $2,102,643 4.90% $755,950 6.90% $4,272,812 3.51% Evolving Countries Fund $7,670,919 10.44% $1,997,438 4.65% $872,733 7.97% $4,097,464 3.36% Growth Fund $0 0.00% $107,612 0.25% $33,952 0.31% $0 0.00% Inflation Indexed Bond Fund $3,297,056 4.49% $1,999,336 4.66% $628,165 5.74% $7,023,333 5.77% International Bond Fund $1,886,849 2.57% $0 0.00% $204,500 1.87% $2,260,008 1.86% Internationl Core Fund $47,561,288 64.72% $6,070,987 14.14% $3,689,705 33.69% $9,613,711 7.89% International Small Companies Fund $3,100,285 4.22% $427,949 1.00% $218,171 1.99% $1,037,526 0.85% REIT Fund $0 0.00% $4,216,903 9.82% $710,983 6.49% $8,398,409 6.90% Small Cap Value Fund $0 0.00% $5,873,699 13.68% $1,039,495 9.49% $10,830,983 8.89% US Bond/Global Alpha A $702,847 0.96% $2,069,569 4.82% $274,238 2.50% $21,905,742 17.99% Value Fund $0 0.00% $1,740,195 4.05% $289,689 2.64% $2,645,130 2.17% Total Market Value $73,492,111 100.00% $42,945,479 100.00% $10,952,332 100.00% $121,780,865 100.00% GMO Fund of Fund Allocation % January, 2001 Intl Equity Alloc Global(US+) Equity Alloc World Equity Alloc Global Balanced Alloc Name of Fund Owned Mkt Value % of Total Mkt Value % of Total Mkt Value % of Total Mkt Value % of Total U.S.Core Fund $0 0.00% $14,646,296 33.28% $1,702,057 15.12% $16,801,685 14.69% Currency Hedged Intl Equity Fund $0 0.00% $485,209 1.10% $78,864 0.70% $4,297,805 3.76% Domestic Bond Fund $0 0.00% $0 0.00% $0 0.00% $23,950,847 20.94% Emerging Country Debt Fund $2,581,125 3.48% $1,532,603 3.48% $518,710 4.61% $2,619,525 2.29% Emerging Markets Fund $7,686,154 10.35% $2,365,696 5.37% $850,524 7.55% $4,807,366 4.20% Evolving Countries Fund $8,468,432 11.40% $2,250,463 5.11% $983,287 8.73% $4,616,509 4.04% Growth Fund $0 0.00% $113,509 0.26% $35,813 0.32% $0 0.00% Inflation Indexed Bond Fund $3,384,502 4.56% $2,052,364 4.66% $644,825 5.73% $6,183,088 5.41% International Bond Fund $1,894,810 2.55% $0 0.00% $205,363 1.82% $1,265,324 1.11% Internationl Core Fund $46,564,354 62.70% $6,044,616 13.73% $3,673,678 32.63% $8,874,993 7.76% International Small Companies Fund $3,149,453 4.24% $434,736 0.99% $221,631 1.97% $1,053,980 0.92% REIT Fund $0 0.00% $4,253,325 9.66% $717,124 6.37% $7,900,688 6.91% Small Cap Value Fund $0 0.00% $5,852,433 13.30% $1,035,732 9.20% $9,392,513 8.21% US Bond/Global Alpha A $530,757 0.71% $2,127,503 4.83% $282,582 2.51% $19,986,071 17.48% Value Fund $0 0.00% $1,855,453 4.22% $308,876 2.74% $2,607,076 2.28% Total Market Value $74,259,586 100.00% $44,014,206 100.00% $11,259,066 100.00% $114,357,469 100.00% GMO Fund of Fund Allocation % February, 2001 Intl Equity Alloc Global(US+) Equity Alloc World Equity Alloc Global Balanced Alloc Name of Fund Owned Mkt Value % of Total Mkt Value % of Total Mkt Value % of Total Mkt Value % of Total U.S.Core Fund $0 0.00% $13,757,022 32.16% $1,602,139 14.54% $15,548,180 13.80% Currency Hedged Intl Equity Fund $0 0.00% $485,209 1.13% $78,864 0.72% $4,297,805 3.81% Domestic Bond Fund $0 0.00% $0 0.00% $0 0.00% $24,252,470 21.52% Emerging Country Debt Fund $2,555,456 3.50% $1,517,361 3.55% $513,552 4.66% $2,593,474 2.30% Emerging Markets Fund $7,479,314 10.25% $2,302,033 5.38% $827,636 7.51% $4,677,996 4.15% Evolving Countries Fund $8,065,609 11.05% $2,143,414 5.01% $936,514 8.50% $4,396,913 3.90% Growth Fund $0 0.00% $94,836 0.22% $29,922 0.27% $0 0.00% Inflation Indexed Bond Fund $1,927,485 2.64% $2,089,680 4.88% $403,457 3.66% $6,295,507 5.59% International Bond Fund $3,812,429 5.22% $2,090,579 4.89% $728,436 6.61% $4,230,009 3.75% International Intrinsic Value Fund $45,947,881 62.96% $5,981,487 13.98% $3,627,379 32.92% $8,773,185 7.79% International Small Companies Fund $3,190,426 4.37% $440,392 1.03% $224,514 2.04% $1,067,692 0.95% REIT Fund $0 0.00% $4,172,387 9.75% $703,477 6.38% $7,760,342 6.89% Small Cap Value Fund $0 0.00% $5,894,965 13.78% $1,043,259 9.47% $9,420,660 8.36% US Bond/Global Alpha A $0 0.00% $0 0.00% $0 0.00% $16,884,456 14.98% Value Fund $0 0.00% $1,808,216 4.23% $301,012 2.73% $2,487,159 2.21% Total Market Value $72,978,600 100.00% $42,777,582 100.00% $11,020,160 100.00% $112,685,849 100.00%