INDEPENDENT ORDER OF FORESTERS Information

789 DON MILLS ROAD, TORONTO, , M3C 1T9, (416) 429-3000

Report Date: 03/31/2015

Position Statistics

Total Positions 120
New Positions 4
Increased Positions 38
Decreased Positions 37
Positions with Activity 75
Sold Out Positions 17
Total Mkt Value (in $ millions) 101

Institutional Holdings information is filed by major institutions on form 13-F with the Securities and Exchange Commission.

Sector Weighting

Basic Materials
Capital Goods 1%
Conglomerates
Consumer Cyclical
Consumer/Non-Cyclical 0.64%
Energy 0.58%
Financial 6.59%
Healthcare 1.02%
Services 86.66%
Technology 1.53%
Transportation
Utilities

120 Positions as of 03/31/2015

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
SIMON PPTY GROUP INC NEW COM 8,089 New 42,937
PUBLIC STORAGE COM 6,575 New 31,990
VENTAS INC COM 5,255 607 13.06 77,915
HCP INC COM 4,304 1,146 36.31 110,750
EQUITY RESIDENTIAL SH BEN INT 4,061 New 53,776
BOSTON PROPERTIES INC COM 3,388 125 3.82 27,173
VORNADO RLTY TR SH BEN INT 2,593 -294 (10.17) 26,495
AMERICAN CAPITAL AGENCY CORP COM 2,528 358 16.48 130,732
CBL & ASSOC PPTYS INC COM 2,526 33 1.31 155,162
TAUBMAN CTRS INC COM 2,522 523 26.17 33,748
AVALONBAY CMNTYS INC COM 2,371 New 13,628
HOST HOTELS & RESORTS INC COM 2,187 1,471 205.14 113,048
SELECT INCOME REIT COM SH BEN INT 2,154 117 5.72 107,131
KIMCO RLTY CORP COM 2,002 New 79,877
ISHARES TR IBOXX INV CP ETF 1,826 New 15,700
PROLOGIS INC COM 1,826 163 9.77 44,923
CORRECTIONS CORP AMER NEW COM NEW 1,796 -500 (21.78) 50,758
CAMDEN PPTY TR SH BEN INT 1,719 645 60.11 21,555
HOME PROPERTIES INC COM 1,634 1,629 36,666.67 22,060
DOUGLAS EMMETT INC COM 1,543 517 50.43 52,200