CC&L Global Alpha Fund

Quarterly Portfolio Disclosures

As of December 31, 2025

Summary of
Investment Portfolio

% of Net
Asset Value
Energy
2.90
Materials
7.96
Industrials
22.79
Consumer Discretionary
11.76
Consumer Staples
6.12
Health Care
13.16
Financials
12.27
Information Technology
8.06
Communication Services
2.92
Utilities
3.59
Real Estate
6.42
Cash
2.05

Top 25 Holdings

% of Net
Asset Value
Extendicare Inc
4.28
Ormat Technologies Inc
3.59
Melia Hotels International
3.38
Sanmina Corp.
2.97
Savills PLC
2.70
Salmar Asa
2.69
Daiei Kankyo Co Ltd
2.67
Umb Financial Corp
2.43
Yokohama Financial Group Inc
2.33
Als Ltd
2.21
Loomis Ab-B
2.13
Alcoa Corp
2.05
Globus Medical A
2.04
Rush Enterprises Inc
1.92
Cvs Group Plc
1.91
Sega Sammy Holdings Inc
1.83
Fluidra Sa
1.75
Federal Signal Corp
1.65
Ani Pharmaceuticals Inc
1.63
Gxo Logistics Inc
1.61
Billerud AB
1.57
Samsonite International SA
1.53
Boyd Group Services Inc
1.52
Kurita Water Industries Ltd
1.52
Genius Sports Ltd
1.51

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.
December 19, 2024