Major Shareholders 

BAY

Name Shares
Held
% Total
Shares Held
Shares
Change
% Chg from
Prior Port
% Total
Assets
Date of
Portfolio
Star Rating
VA CollegeAmerica EuroPacific Gr 529F 21,295,666 2.57 257,282 1.22 2.61 03/31/2015
VA CollegeAmerica Cap World G/I 529E 12,228,176 1.48 -84,753 -0.69 2.23 03/31/2015
Dodge & Cox International Stock 9,847,650 1.19 0 0.00 2.14 03/31/2015
Vanguard Total Intl Stock Index Inv 6,347,450 0.77 244,747 4.01 0.54 05/31/2015
Artisan International Investor 5,538,761 0.67 302,444 5.78 4.28 03/31/2015
iShares MSCI Germany 5,084,216 0.62 0 0.00 9.84 07/02/2015
VA CollegeAmerica New Perspective 529E 4,685,000 0.57 0 0.00 1.26 03/31/2015
WisdomTree Europe Hedged Equity ETF 4,746,650 0.58 3,004 0.06 3.36 07/02/2015
VA CollegeAmerica Invmt Co of Amer 529E 4,181,500 0.51 0 0.00 0.89 03/31/2015
MFS® International Value A 3,624,275 0.44 81,143 2.29 2 05/31/2015
Vanguard Developed Markets Idx Admiral 2,998,362 0.36 69,723 2.38 0.8 05/31/2015
Fidelity® Diversified International 2,657,062 0.32 -9,100 -0.34 1.44 05/31/2015
American Funds IS® International 3 1,999,126 0.24 180,071 9.90 4.03 03/31/2015
iShares MSCI Eurozone 2,081,814 0.25 -3,930 -0.19 2.94 07/02/2015
MFS® Instl International Equity 2,049,777 0.25 5,346 0.26 3.78 05/31/2015
Vanguard European Stock Index Inv 1,942,376 0.24 80,544 4.33 1.33 05/31/2015
Fidelity® Series International Growth 1,858,900 0.23 0 0.00 2 05/31/2015
Fidelity® Contrafund® 1,656,659 0.20 -80,700 -4.64 0.21 05/31/2015
T. Rowe Price Overseas Stock 1,495,709 0.18 -11,081 -0.74 2.11 03/31/2015
SPDR® EURO STOXX 50 ETF 1,582,010 0.19 3,289 0.21 4.75 07/02/2015