RSQ International Equity Fund
Composition & Holdings1

All data as of 06/30/2018

Top Ten Holdings*
Weight Sector

Tencent Holdings Inc.

1.20% Information Tech.

Woori Bank

1.16% Financials

Samsung Electronics Co. Ltd. Pfd.

1.14% Information Tech.

Novartis AG

1.06% Health Care

British American Tobacco plc

1.02% Cons. Staples

PetroChina Company Ltd

0.99% Energy

Hang Seng Bank Ltd.

0.95% Financials

Banco Bilbao Vizcaya Argentaria SA

0.95% Financials

CNOOC Ltd.

0.93% Energy

HSBC Holdings Plc

0.92% Financials
Total
10.33%
Regional Allocations
RSQ
International Equity
MSCI ACWI
Ex-US NR Index
Overweight/
Underweight

Africa/Middle East

0.28% 2.36% -2.08%

Asia

8.79% 3.69% 5.10%

Canada

2.67% 6.57% -3.90%

Emerging Asia

27.09% 18.52% 8.57%

Emerging Europe

0.79% 1.45% -0.66%

Europe

32.19% 43.29% -11.10%

Japan

17.54% 16.43% 1.11%

Latin America

2.24% 2.71% -0.47%

Pacific

3.31% 4.86% -1.55%

United States

0.00% 0.12% -0.12%

Cash

5.10% 0.00% 5.10%

Total

100.0% 100.0%
Sector Allocations
RSQ
International Equity
MSCI ACWI
Ex-US NR Index
Overweight/
Underweight

Energy

6.79% 7.43% -0.64%

Materials

8.58% 8.19% 0.39%

Industrials

11.98% 11.65% 0.34%

Consumer Disc.

13.15% 11.24% 1.92%

Consumer Staples

7.22% 9.66% -2.44%

Health Care

8.12% 8.12% 0.00%

Financials

20.85% 21.90% -1.04%

Information Tech.

10.56% 11.92% -1.36%

Telecom. Services

2.37% 3.70% -1.33%

Utilities

2.93% 3.00% -0.07%

Real Estate

2.33% 3.21% -0.88%

ETF

0.00% 0.00% 0.00%

Cash

5.10% 0.00% 5.10%

Total

100% 100%
Market Capitalization
RSQ
International Equity
MSCI ACWI
Ex-US NR Index
Overweight/
Underweight

Large Cap

81.84% 95.06% -13.23%

Mid Cap

12.16% 4.65% 7.51%

Small Cap

0.91% 0.29% 0.62%

Micro Cap

0.00% 0.00% 0.00%

Cash

5.10% 0.00% 5.10%

Total

100.0% 100.0%

1 Subject to change.

*Holdings are subject to change.