Advisory Research International All Cap Value Fund

Class Other (ADVEX)

Fund Holdings

Asset Allocation

% Long % Short % Net
Cash 3.86 0.63 3.22
Stocks 1.76 0.0 1.76
Bonds 0.0 0.0 0.0
Other 0.0 0.0 0.0
Foreign Bonds 0.0 0.0 0.0
Foreign Stocks 93.42 0.0 93.42
Convertible 0.0 0.0 0.0
Preferred 1.6 0.0 1.6

Updated 10.31.2013

Top 10 Holdings

Performance as of 02.28.2014

Portfolio as of 10.31.2013

Ticker YTD Return % % Net Assets
Rheinmetall AG RHM --- 2.1
Investec PLC IVTJF -4.73 2.04
Delta Lloyd N.V DL --- 2.02
Immofinanz Immobilien Anlagen AG IMMZF 5.32 1.99
Industrivarden AB Class C INDU C --- 1.94
Michelin ML --- 1.92
Sanofi SAN --- 1.88
Greggs PLC GGGSF 22.68 1.83
Novartis AG NVSEF 3.73 1.83
Unilever PLC ADR UL -1.44 1.8