JARISLOWSKY, FRASER LTD Information

1010 SHERBROOKE ST. WEST, MONTREAL, , H3A 2R7, (514) 842-2727

Report Date: 12/31/2014

Position Statistics

Total Positions 143
New Positions 4
Increased Positions 56
Decreased Positions 84
Positions with Activity 140
Sold Out Positions 2
Total Mkt Value (in $ millions) 16,100

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

Sector Weighting

Basic Materials 5.64%
Capital Goods 1.43%
Conglomerates
Consumer Cyclical 0.57%
Consumer/Non-Cyclical 6.57%
Energy 17.65%
Financial 32.33%
Healthcare 5.45%
Services 9.24%
Technology 11.32%
Transportation 4.9%
Utilities 4.89%

143 Positions as of 12/31/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
DESCARTES SYS GROUP INC COM 90,551 1,127 1.26 5,670,072
DOLLAR TREE INC COM 88,843 -2,011 (2.21) 1,096,691
STANTEC INC COM 87,679 8,159 10.26 3,286,311
CHEVRON CORP NEW COM 87,646 -2,063 (2.3) 796,996
DIAGEO P L C SPON ADR NEW 85,537 905 1.07 759,447
CA INC COM 84,966 9,014 11.87 2,649,379
TARGET CORP COM 83,362 -1,872 (2.2) 1,017,484
AUTOMATIC DATA PROCESSING INC COM 83,135 -16,386 (16.47) 969,334
TRANSCANADA CORP COM 79,111 -69,537 (46.78) 1,682,847
ANHEUSER BUSCH INBEV SA/NV SPONSORED ADR 76,667 -451 (0.59) 625,856
DAVITA HEALTHCARE PARTNERS INC COM 73,215 14,342 24.36 877,768
FOMENTO ECONOMICO MEXICANO SAB SPON ADR UNITS 72,475 5,606 8.38 769,863
MICROSOFT CORP COM 69,756 38,700 124.61 1,609,510
ABBOTT LABS COM 67,672 398 .59 1,396,454
ROYAL DUTCH SHELL PLC SPONS ADR A 65,372 -767 (1.16) 1,038,311
BORGWARNER INC COM 62,387 27,548 79.07 1,027,967
ACTAVIS PLC SHS 56,645 -30,039 (34.65) 189,855
GOOGLE INC CL A 56,349 13,120 30.35 101,081
BHP BILLITON PLC SPONSORED ADR 54,564 1,398 2.63 1,177,224
BANK NEW YORK MELLON CORP COM 48,940 -1,453 (2.88) 1,149,371