CC&L Core Income & Growth Fund

Quarterly Portfolio Disclosures

As of September 30, 2025

Summary of
Investment Portfolio

% of Net
Asset Value
Energy
8.96
Materials
9.05
Industrials
8.05
Consumer Discretionary
2.60
Consumer Staples
2.43
Health Care
1.75
Financials
24.15
Information Technology
5.31
Communication Services
0.00
Utilities
3.41
Real Estate
10.86
Cash
2.22
Bonds
21.20

Top 25 Holdings

% of Net
Asset Value
Royal Bank of Canada
5.59
Toronto-Dominion Bank
4.02
Bell Canada 3.00% 2031.03.17
3.98
Hydro One Inc 4.91% 2028.01.27
3.88
National Bank Of Canada 5.28% 2029.02.15
3.81
Agnico Eagle Mines Ltd
3.28
Enbridge Inc. 4.57% 2044.03.11
3.22
Canadian Imperial Bank of Commerce
2.77
Telus Corp 4.95% 2031.02.18
2.49
Manulife Financial Corp.
2.42
CU Inc 4.09% 2044.09.02
2.34
Kinross Gold Corp.
2.29
Canadian Pacific Kansas City Ltd
2.19
Brookfield Asset Management Lt
2.09
Enbridge Inc.
2.07
Microsoft Corp.
1.86
TC Energy Corp
1.79
Capital Power Corp
1.77
Bank Of Montreal 5.04% 2028.05.29
1.70
Chartwell Retirement Residences
1.60
National Bank of Canada
1.59
Crombie Real Estate Invt Trust
1.51
Fairfax Financial Holdings Ltd.
1.48
Great West Lifeco
1.43
Oracle Corp.
1.40

For further information, please contact Connor, Clark & Lunn Funds Inc. Toll Free at 1-888-824-3120.

The Summary of Investment Portfolio may change due to ongoing portfolio transactions of the Fund. Updates are available quarterly. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.

CC&L Funds Inc.
January 2nd, 2025