JARISLOWSKY, FRASER LTD Information

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

Report Date: 12/31/2013

Position Statistics

Total Positions 141
New Positions 3
Increased Positions 35
Decreased Positions 104
Positions with Activity 139
Sold Out Positions 3
Total Mkt Value (in $ millions) 17,949

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

Sector Weighting

Basic Materials 5.66%
Capital Goods 1.08%
Conglomerates
Consumer Cyclical 0.59%
Consumer/Non-Cyclical 6.73%
Energy 18.48%
Financial 31.77%
Healthcare 4.96%
Services 12.94%
Technology 7.97%
Transportation 3.99%
Utilities 5.85%

141 Positions as of 12/31/2013

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
ABBOTT LABS COM 55,503 -1,817 (3.17) 1,425,707
M & T BK CORP COM 54,527 -1,210 (2.17) 448,635
DAVITA HEALTHCARE PARTNERS INC COM 52,878 594 1.14 760,727
TARGET CORP COM 52,315 4,923 10.39 871,911
BANK NEW YORK MELLON CORP COM 47,387 -987 (2.04) 1,403,657
BORGWARNER INC COM 43,186 -1,380 (3.1) 689,989
SANOFI SPONSORED ADR 42,814 705 1.68 817,992
STANTEC INC COM 42,727 197 .46 727,025
IMPERIAL OIL LTD COM NEW 41,977 -3,551 (7.8) 888,599
GOOGLE INC CL A 38,228 5,649 17.34 70,357
GOOGLE INC CL C 37,718 5,574 17.34 70,357
TOTAL S A SPONSORED ADR 36,849 -1,781 (4.61) 541,266
HSBC HLDGS PLC SPON ADR NEW 35,921 882 2.52 688,660
LINCOLN NATL CORP IND COM 33,997 -1,132 (3.22) 707,234
BCE INC COM NEW 32,757 -108 (0.33) 736,772
NATIONAL GRID PLC SPON ADR NEW 31,663 -1,769 (5.29) 455,315
ENCANA CORP COM 29,485 -9,431 (24.24) 1,260,566
VODAFONE GROUP PLC NEW SPNSR ADR NO PAR 26,187 -995 (3.66) 727,613
MICROSOFT CORP COM 25,494 22,134 658.76 637,200
SIEMENS A G SPONSORED ADR 24,934 557 2.29 184,712