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International Fund: Composition and Holdings

Portfolio Composition
As of 12/31/2007
Equities 99%
Cash & Other 1%
Total 100%
Top Ten Holdings
As of 12/31/2007
Dell Global Information Technology Supplier 7.1%
NipponKoa Insurance Co. Japanese Non-Life Insurance 6.7%
Olympus Global Imaging Company 6.1%
Fairfax Financial Holdings Property/Casualty Insurance 5.9%
Nestle Global Food and Beverage Company 5.0%
EnCana Canadian Natural Gas Provider 4.8%
Ingersoll Rand Global Refrigeration & Cooling 4.7%
Allied Irish Bank Irish Financial Services Company 4.7%
Philips Electronics Global Electronics, Medical & Lighting 4.7%
Kyocera Electronic Components Manufacturer
4.7%
Total: 54.4%
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