CC&L Global Alpha Fund

Quarterly Portfolio Disclosures

As of March 31, 2025

Summary of
Investment Portfolio

% of Net
Asset Value
Energy
3.20
Materials
5.46
Industrials
22.42
Consumer Discretionary
10.93
Consumer Staples
7.87
Health Care
12.99
Financials
11.89
Information Technology
8.48
Communication Services
3.69
Utilities
3.05
Real Estate
8.47
Cash
1.53

Top 25 Holdings

% of Net
Asset Value
Savills PLC
3.94
Melia Hotels International
3.62
Extendicare Inc
3.53
Ormat Technologies Inc
3.05
Loomis Ab-B
2.56
Sanmina Corp.
2.55
Sega Sammy Holdings Inc
2.47
Concordia Financial Group ltd
2.46
Limoneira Co
2.36
Globus Medical A
2.17
ACI Worldwide Inc
2.07
Cvs Group Plc
2.02
Umb Financial Corp
2.01
Ani Pharmaceuticals Inc
2.01
Salmar Asa
1.96
Daiei Kankyo Co Ltd
1.91
Raffles Medical Group Ltd
1.76
Als Ltd
1.76
Rush Enterprises Inc
1.73
Internet Initiative Japan
1.72
PRA Group Inc
1.71
Rli Corp
1.71
Casella Waste Sys Inc -cl A
1.62
Rayonier Inc
1.59
DNOW Inc.
1.58

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.