CC&L Equity Income & Growth Fund

Quarterly Portfolio Disclosures

As of September 30, 2025

Summary of
Investment Portfolio

% of Net
Asset Value
Energy
13.82
Materials
13.35
Industrials
11.98
Consumer Discretionary
3.51
Consumer Staples
3.35
Health Care
1.98
Financials
36.09
Information Technology
8.15
Communication Services
0.00
Utilities
5.27
Real Estate
0.28
Cash
2.21

Top 25 Holdings

% of Net
Asset Value
Royal Bank of Canada
8.39
Toronto-Dominion Bank
6.08
Agnico Eagle Mines Ltd
4.97
Canadian Imperial Bank of Commerce
4.23
Manulife Financial Corp.
3.61
Kinross Gold Corp.
3.45
Canadian Pacific Kansas City Ltd
3.31
Brookfield Asset Management Lt
3.17
Enbridge Inc.
3.14
Microsoft Corp.
2.80
TC Energy Corp
2.68
Capital Power Corp
2.61
Wheaton Precious Metals Corp
2.51
National Bank of Canada
2.40
Fairfax Financial Holdings Ltd.
2.24
Great West Lifeco
2.18
Oracle Corp.
2.15
Thomson Reuters Corporation
2.13
Barrick Mining Corp
2.10
Element Fleet Management Corp
2.05
Teck Resources Ltd.
1.92
Premium Brands Holdings Corporation
1.90
Canadian Natural Resources Ltd.
1.89
Chartwell Retirement Residences
1.85
Intact Financial Corp.
1.83

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