William Blair Emerging Markets Small Cap Growth Fund

Fund Holdings

Asset Allocation

% Long % Short % Net
Cash 1.29 0.0 1.29
Stocks 0.0 0.0 0.0
Bonds 0.0 0.0 0.0
Other 2.57 0.0 2.57
Foreign Bonds 0.0 0.0 0.0
Foreign Stocks 96.14 0.0 96.14
Convertible 0.0 0.0 0.0
Preferred 0.0 0.0 0.0

Updated 05.31.2014

Top 10 Holdings

Performance as of 06.30.2014

Portfolio as of 05.31.2014

Ticker YTD Return % % Net Assets
Safaricom Ltd SCOM --- 2.35
Estacio Participacoes SA ESTC3 --- 1.99
Kroton Educacional SA KROTF --- 1.89
Coronation Fund Managers Ltd CML --- 1.82
Paradise Co Ltd 034230 --- 1.72
Motherson Sumi Systems Ltd MOTHERSUMI --- 1.71
Hollysys Automation Technologies Ltd HOLI 27.58 1.7
IndusInd Bank Ltd INDUSINDBK --- 1.67
Havells India Ltd HAVELLS --- 1.59
Halla Visteon Climate Control Corp 018880 --- 1.49