13F-HR 1 a2063607z13f-hr.txt 13F-HR UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: September 30, 2001 ------------------ Check Here if Amendment / /; Amendment Number: --------- This Amendment (Check only one.): / / is a restatement. / / adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Sun Life Assurance Company of Canada ------------------------------------ Address: 150 King Street West ------------------------------------ Toronto, Ontario, Canada, M5H 1J9 ------------------------------------ ------------------------------------ Form 13F File Number: 28-05799 ------------------------------- The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Claude Accum -------------------------------------------- Title: Vice-President, Risk Management -------------------------------------------- Phone: 416-979-6188 -------------------------------------------- Signature, Place, and Date of Signing: /s/ Josephine Marks Ontario, Canada 8-14-2001 ------------------------------- ------------------ -------------- [Signature] [City, State] [Date] Report Type (Check only one.): /X/ 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) / / 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) / / 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) List of Other Managers Reporting for this Manager: [If there are no entries in this list, omit this section.] Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 -------------------- Form 13F Information Table Entry Total: 354 -------------------- Form 13F Information Table Value Total: $ 2,740,135 -------------------- (thousands) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. [If there are no entries in this list, state "NONE" and omit the column headings and list entries.] None

FORM 13F INFORMATION TABLE - SEPTEMBER 30, 2001 COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 VALUE NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) U.S. OPERATIONS - AMOUNTS SHOWN ARE IN U.S. DOLLARS Amli Residential Properties Equity REIT 001735109 3,383 AOL Time Warner Inc Common Stock 00184A105 6,863 AT&T Corp Common Stock 001957109 8,633 Abbott Labs Common Stock 002824100 6,036 Adelphia Communications Corp Common Stock 006848105 4,914 Agere Systems Inc - A Common Stock 00845V100 11,467 Albertson's Common Stock 013104104 5,379 Allmerica Financial Corp Common Stock 019754100 9,821 Allstate Corp Common Stock 020002101 3,979 Alpharma Inc Common Stock Class A 020813101 6,307 Apartment Invt & Mgmt Co-A Equity REIT 03748R101 6,709 Archer Daniels Midland Co Common Stock 039483102 6,004 Arlington Street CDO Ltd Preferred Stock 041764200 2,884 Arris Group Inc Common Stock 04269Q100 1,252 Ascential Software Corp Common Stock 04362P108 5,761 Avalon Bay Communities Inc Equity REIT 053484101 6,395 Avaya Inc Common Stock 053499109 6,580 BRE Properties Equity REIT 05564E106 4,261 Bausch & Lomb Common Stock 071707103 5,876 Berkeley Street CDO Ltd Preferred Stock 084373208 1,650 Birmingham Steel Corp Warrant 0912502#6 0 Boston Scientific Corp Common Stock 101137107 8,791 Bristol-Myers Squibb Company Common Stock 110122108 6,540 CBL & Associates Properties Equity REIT 124830100 4,001 Centerpoint Properties Trust Equity REIT 151895109 4,407 Citigroup Inc Common Stock 172967101 8,806 Clarendon Insurance Agency Inc Common Stock 18041@101 10 Concord Communications Inc Common Stock 206186108 5,224 Conoco Inc Common Stock 208251405 8,019 Developers Diversified Realty Equity REIT 251591103 2,688 Duke Realty Corp Equity REIT 264411505 4,085

FORM 13F INFORMATION TABLE - SEPTEMBER 30, 2001 COLUMN 1 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE U.S. OPERATIONS - AMOUNTS SHOWN ARE IN U.S. DOLLARS Amli Residential Properties 143,351 SH SOLE 143,351 AOL Time Warner Inc 207,337 SH SOLE 207,337 AT&T Corp 447,317 SH SOLE 447,317 Abbott Labs 116,418 SH SOLE 116,418 Adelphia Communications Corp 221,361 SH SOLE 221,361 Agere Systems Inc - A 2,769,908 SH SOLE 2,769,908 Albertson's 168,730 SH SOLE 168,730 Allmerica Financial Corp 218,974 SH SOLE 218,974 Allstate Corp 106,522 SH SOLE 106,522 Alpharma Inc 218,997 SH SOLE 218,997 Apartment Invt & Mgmt Co-A 148,242 SH SOLE 148,242 Archer Daniels Midland Co 476,878 SH SOLE 476,878 Arlington Street CDO Ltd 3,650,000 SH SOLE 3,650,000 Arris Group Inc 349,595 SH SOLE 349,595 Ascential Software Corp 1,745,808 SH SOLE 1,745,808 Avalon Bay Communities Inc 133,928 SH SOLE 133,928 Avaya Inc 664,606 SH SOLE 664,606 BRE Properties 142,278 SH SOLE 142,278 Bausch & Lomb 207,633 SH SOLE 207,633 Berkeley Street CDO Ltd 1,650,000 SH SOLE 1,650,000 Birmingham Steel Corp 62,424 SH SOLE 62,424 Boston Scientific Corp 428,835 SH SOLE 428,835 Bristol-Myers Squibb Company 117,708 SH SOLE 117,708 CBL & Associates Properties 146,841 SH SOLE 146,841 Centerpoint Properties Trust 92,283 SH SOLE 92,283 Citigroup Inc 217,420 SH SOLE 217,420 Clarendon Insurance Agency Inc 600 SH SOLE 600 Concord Communications Inc 586,943 SH SOLE 586,943 Conoco Inc 316,453 SH SOLE 316,453 Developers Diversified Realty 149,735 SH SOLE 149,735 Duke Realty Corp 172,430 SH SOLE 172,430

FORM 13F INFORMATION TABLE - SEPTEMBER 30, 2001 COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 VALUE NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) Eloquent Inc Common Stock 290140102 11 Engelhard Corp Common Stock 292845104 8,686 Equifax Inc Common Stock 294429105 4,158 Equity Office Properties Trust Equity REIT 294741103 11,616 Equity Residential Properties Equity REIT 29476L107 4,881 Exide Technologies Common Stock 302051107 1,263 Federal Realty Investment Tr Equity REIT 313747206 3,439 F5 Networks Inc Common Stock 315616102 97 Finisar Corporation Common Stock 31787A101 2,501 First Industrial Realty Trust Equity REIT 32054K103 2,044 GATX Corporation Common Stock 361448103 9,551 General Growth Properties Equity REIT 370021107 3,846 HCA Inc Common Stock 404119109 3,583 Hain Celestial Group Inc Common Stock 405217100 3,064 Hartford Financial Services Common Stock 416515104 6,665 Highwoods Properties Inc Equity REIT 431284108 3,869 IRT Property Co Equity REIT 450058102 2,600 India Advantage Fund Limited Limited Partnership 453200$01 15,000 Intermune Inc Common Stock 45884X103 997 MSCI World Equity Benchmark Australia Index Series 464286103 503 MSCI World Equity Benchmark Belgium Index Series 464286301 254 MSCI World Equity Benchmark Singapore Index Series 464286673 140 MSCI World Equity Benchmark United Kingdom Index Series 464286699 3,977 MSCI World Equity Benchmark France Index Series 464286707 2,000 MSCI World Equity Benchmark Switzeland Index Series 464286749 1,101 MSCI World Equity Benchmark Sweden Index Series 464286756 354 MSCI World Equity Benchmark Spain Index Series 464286764 553 MSCI World Equity Benchmark Germany Index Series 464286806 1,614 MSCI World Equity Benchmark Netherlands Index Series 464286814 959 MSCI World Equity Benchmark Japan Index Series 464286848 3,691 MSCI World Equity Benchmark Italy Index Series 464286855 705 MSCI World Equity Benchmark Hong Kong Index Series 464286871 320 Kimco Realty Corp Equity REIT 49446R109 4,563 Federated Prime Obligation Money Market Fund 525172508 15,558 Lilly (Eli) & Co Common Stock 532457108 7,637 Lincoln National Corp Common Stock 534187109 6,849 Lucent Technologies Inc Common Stock 549463107 9,528

FORM 13F INFORMATION TABLE - SEPTEMBER 30, 2001 COLUMN 1 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE Eloquent Inc 12,371 SH SOLE 12,371 Engelhard Corp 376,014 SH SOLE 376,014 Equifax Inc 189,884 SH SOLE 189,884 Equity Office Properties Trust 362,997 SH SOLE 362,997 Equity Residential Properties 83,581 SH SOLE 83,581 Exide Technologies 335,848 SH SOLE 335,848 Federal Realty Investment Tr 156,303 SH SOLE 156,303 F5 Networks Inc 10,434 SH SOLE 10,434 Finisar Corporation 631,672 SH SOLE 631,672 First Industrial Realty Trust 68,128 SH SOLE 68,128 GATX Corporation 283,928 SH SOLE 283,928 General Growth Properties 110,607 SH SOLE 110,607 HCA Inc 80,856 SH SOLE 80,856 Hain Celestial Group Inc 166,457 SH SOLE 166,457 Hartford Financial Services 113,460 SH SOLE 113,460 Highwoods Properties Inc 156,337 SH SOLE 156,337 IRT Property Co 240,782 SH SOLE 240,782 India Advantage Fund Limited 1 SH SOLE 1 Intermune Inc 26,060 SH SOLE 26,060 MSCI World Equity Benchmark 65,186 SH SOLE 65,186 MSCI World Equity Benchmark 23,846 SH SOLE 23,846 MSCI World Equity Benchmark 33,739 SH SOLE 33,739 MSCI World Equity Benchmark 284,045 SH SOLE 284,045 MSCI World Equity Benchmark 118,455 SH SOLE 118,455 MSCI World Equity Benchmark 91,331 SH SOLE 91,331 MSCI World Equity Benchmark 32,316 SH SOLE 32,316 MSCI World Equity Benchmark 29,582 SH SOLE 29,582 MSCI World Equity Benchmark 129,724 SH SOLE 129,724 MSCI World Equity Benchmark 59,958 SH SOLE 59,958 MSCI World Equity Benchmark 439,428 SH SOLE 439,428 MSCI World Equity Benchmark 46,695 SH SOLE 46,695 MSCI World Equity Benchmark 40,412 SH SOLE 40,412 Kimco Realty Corp 93,983 SH SOLE 93,983 Federated Prime Obligation 15,558,247 SH SOLE 15,558,247 Lilly (Eli) & Co 94,630 SH SOLE 94,630 Lincoln National Corp 146,884 SH SOLE 146,884 Lucent Technologies Inc 1,662,797 SH SOLE 1,662,797

FORM 13F INFORMATION TABLE - SEPTEMBER 30, 2001 COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 VALUE NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) MFS Institutional Real Estate Investment Fund 552966830 1,632 Macerich Company Equity REIT 554382101 3,088 Mack-Cali Realty Corp Equity REIT 554489104 5,106 Massachusetts Financial Svcs Common Stock 57565#103 47,541 McDonalds Corp Common Stock 580135101 3,316 NRG Energy Inc Common Stock 629377102 5,702 Novell Inc Common Stock 670006105 4,283 Parametric Technology Corp Common Stock 699173100 6,514 Pep-Boys Manny Moe & Jack Common Stock 713278109 5,933 Petro Geo-Services ASA Common Stock 716597109 3,741 Pfizer Common Stock 717081103 6,783 Philip Morris Companies Inc Common Stock 718154107 4,080 Praecis Pharmaceuticals Inc Common Stock 739421105 261 Prologis Trust Equity REIT 743410102 4,272 Protective Life Corp Common Stock 743674103 7,217 Public Storage Inc Equity REIT 74460D109 5,543 Questar Corp Common Stock 748356102 5,994 Reckson Associates Realty Corp Equity REIT 75621K106 5,091 SL Green Realty Corp Equity REIT 78440X101 7,477 SSGA Prime Money Market Fund 784924748 15,099 Schering-Plough Corp Common Stock 806605101 7,512 Modern Sun Life Common Stock Affiliate 81859$$14 14,041 SLOC (US) Cap Trust I Int Bearing Common Stock Aff 81916$$14 10 Sunesco Insurance Agency Common Stock Affiliate 81919$$14 50 Simon Property Group Inc Equity REIT 828806109 1,694 Solar Invest Grade CBO Ltd II Prefferred Stock 83415J301 9,250 Sprint Corp Common Stock 852061100 6,016 Stancorp Financial Group Common Stock 852891100 513 Storage Technology Common Stock 862111200 5,190 Sun Benefit Services Co Common Stock Affiliate 86663#103 3,702 Sun Capital Advisers Inc Common Stock Affiliate 86664#102 1,500 Sun Canada Financial Co Common Stock Affiliate 86664R2*6 70,000 Sun Capital Money Market Fund 86664T102 2,843 Sun Capital Investment Grade Bond Fund 86664T201 11,481 Sun Capital Real Estate Fund 86664T300 6,804 Sun Capital Select Equity Fund 86664T409 2,484 Sun Capital Blue Chip Mid Cap Fund 86664T508 3,837 Sun Capital Investors Foundation Fund 86664T607 2,607

FORM 13F INFORMATION TABLE - SEPTEMBER 30, 2001 COLUMN 1 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE MFS Institutional 150,000 SH SOLE 150,000 Macerich Company 139,730 SH SOLE 139,730 Mack-Cali Realty Corp 164,714 SH SOLE 164,714 Massachusetts Financial Svcs 1,000,000 SH SOLE 1,000,000 McDonalds Corp 122,189 SH SOLE 122,189 NRG Energy Inc 351,765 SH SOLE 351,765 Novell Inc 1,170,190 SH SOLE 1,170,190 Parametric Technology Corp 1,255,080 SH SOLE 1,255,080 Pep-Boys Manny Moe & Jack 536,933 SH SOLE 536,933 Petro Geo-Services ASA 593,784 SH SOLE 593,784 Pfizer 169,164 SH SOLE 169,164 Philip Morris Companies Inc 84,486 SH SOLE 84,486 Praecis Pharmaceuticals Inc 69,940 SH SOLE 69,940 Prologis Trust 202,482 SH SOLE 202,482 Protective Life Corp 248,850 SH SOLE 248,850 Public Storage Inc 165,963 SH SOLE 165,963 Questar Corp 297,039 SH SOLE 297,039 Reckson Associates Realty Corp 210,818 SH SOLE 210,818 SL Green Realty Corp 237,205 SH SOLE 237,205 SSGA Prime 15,099,025 SH SOLE 15,099,025 Schering-Plough Corp 202,473 SH SOLE 202,473 Modern Sun Life 40,000 SH SOLE 40,000 SLOC (US) Cap Trust I 10,000 SH SOLE 10,000 Sunesco Insurance Agency 2,500 SH SOLE 2,500 Simon Property Group Inc 62,942 SH SOLE 62,942 Solar Invest Grade CBO Ltd II 9,250 SH SOLE 9,250 Sprint Corp 250,546 SH SOLE 250,546 Stancorp Financial Group 10,607 SH SOLE 10,607 Storage Technology 413,582 SH SOLE 413,582 Sun Benefit Services Co 500 SH SOLE 500 Sun Capital Advisers Inc 2,500 SH SOLE 2,500 Sun Canada Financial Co 100 SH SOLE 100 Sun Capital 2,842,678 SH SOLE 2,842,678 Sun Capital 1,175,164 SH SOLE 1,175,164 Sun Capital 556,343 SH SOLE 556,343 Sun Capital 312,118 SH SOLE 312,118 Sun Capital 341,977 SH SOLE 341,977

FORM 13F INFORMATION TABLE - SEPTEMBER 30, 2001 COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 VALUE NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) Sun Capital Value Equity Fund 86664T706 2,110 Sun Capital Neuberger Ber Mid Cap Growt Fd 86664T789 1,460 Sun Capital Neuberger Ber Mid Cap Value Fd 86664T797 1,796 Sun Capital Value Mid Cap Fund 86664T805 1,836 Sun Capital Invesco Energy Fund 86664T813 2,304 Sun Capital Invesco Health Sciences Fund 86664T821 2,892 Sun Capital Invesco Telecommunication Fund 86664T839 1,404 Sun Capital Invesco Technology Fund 86664T847 1,572 Sun Capital Davis Financial Fund 86664T854 1,885 Sun Capital Venture Value Fund 86664T862 1,588 Sun Capital Value Managed Fund 86664T870 2,082 Sun Capital Value Small Cap Fund 86664T888 2,242 Sun Life Insurance & AnnuityNY Common Stock Affiliate 86679#105 19,500 Sun Life (US) Co Common Stock Affiliate 86679$200 65,255 Sun Life Finance Corporation Common Stock Affiliate 86679*109 0 SLOC (US) Holdings Inc Common Stock Affiliate 86680#102 02,255 SLOC (US) Hldg Gen Part Inc Common Stock Affiliate 86680*106 60,000 SLOC International Assurance Common Stock Affiliate 86680Z934 1,250 SLOC (US) Ops Hld Inc Common Stock Aff 86683#109 17,255 Sun Life of Canada (US) SPE 97-1 86683*103 20,377 SLOC (US) Financial Svcs Hldgs Common 86683@101 47,541 Sun Life (US) Distributors Common Stock Affiliate 86684#108 40,421 TRW Inc Common Stock 872649108 7,227 Tyco International Ltd Common Stock 902124106 6,228 Unocal Corp Common Stock 915289102 8,765 Unova Inc Common Stock 91529B106 5,731 UnumProvident Corp Common Stock 91529Y106 5,829 Ventana Medical Systems Common Stock 92276H106 181 Verizon Communications Inc Common Stock 92343V104 7,446 Vicor Corp Common Stock 925815102 5,651 Vision Financial Corporation Common Stock Affiliate 92831$AA8 4,972 Vitria Technology Inc Common Stock 92849Q104 2,499 Waste Management Inc Common Stock 94106L109 7,605 Zimmer Holdings Inc Common Stock 98956P102 326 Sun Life Financial Service Ltd Common Stock Affiliate G8667#106 4,250 SLOC Barbados Common Stock Affiliate P8667#106 8,250

FORM 13F INFORMATION TABLE - SEPTEMBER 30, 2001 COLUMN 1 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE Sun Capital 200,799 SH SOLE 200,799 Sun Capital 200,000 SH SOLE 200,000 Sun Capital 200,000 SH SOLE 200,000 Sun Capital 200,906 SH SOLE 200,906 Sun Capital 300,000 SH SOLE 300,000 Sun Capital 300,000 SH SOLE 300,000 Sun Capital 300,000 SH SOLE 300,000 Sun Capital 300,000 SH SOLE 300,000 Sun Capital 200,335 SH SOLE 200,335 Sun Capital 200,560 SH SOLE 200,560 Sun Capital 201,559 SH SOLE 201,559 Sun Capital 204,382 SH SOLE 204,382 Sun Life Insurance & AnnuityNY 2,000 SH SOLE 2,000 Sun Life (US) Co 6,437 SH SOLE 6,437 Sun Life Finance Corporation 1,000 SH SOLE 1,000 SLOC (US) Holdings Inc 6,060 SH SOLE 6,060 SLOC (US) Hldg Gen Part Inc 200 SH SOLE 200 SLOC International Assurance 12,500 SH SOLE 12,500 SLOC (US) 5,931 SH SOLE 5,931 Sun Life of Canada (US) 1,000 SH SOLE 1,000 SLOC (US) 100 SH SOLE 100 Sun Life (US) Distributors 4,000 SH SOLE 4,000 TRW Inc 242,352 SH SOLE 242,352 Tyco International Ltd 136,877 SH SOLE 136,877 Unocal Corp 269,677 SH SOLE 269,677 Unova Inc 1,287,838 SH SOLE 1,287,838 UnumProvident Corp 230,848 SH SOLE 230,848 Ventana Medical Systems 8,840 SH SOLE 8,840 Verizon Communications Inc 137,608 SH SOLE 137,608 Vicor Corp 400,508 SH SOLE 400,508 Vision Financial Corporation 1,675 SH SOLE 1,675 Vitria Technology Inc 1,219,217 SH SOLE 1,219,217 Waste Management Inc 284,405 SH SOLE 284,405 Zimmer Holdings Inc 11,745 SH SOLE 11,745 Sun Life Financial Service Ltd 12,000 SH SOLE 12,000 SLOC Barbados 82,500 SH SOLE 82,500

CANADIAN OPERATIONS - AMOUNTS SHOWN ARE IN U.S. DOLLARS

FORM 13F INFORMATION TABLE - SEPTEMBER 30, 2001 COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 VALUE NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) 724 Solutions Inc Common Stocks 81788Q100 60 Aber Diamond Corporation Common Stocks 002893105 216 Abitibi-Consolidated Inc Common Stocks 003924107 1,204 Aeterna Laboratoires Inc Common Stocks 007975105 51 Agnico-Eagle Mines Ltd Common Stocks 008474108 297 Agrium Inc Common Stocks 008916108 480 Alberta Energy Co Ltd Common Stocks 012873105 4,377 Alcan Inc Common Stocks 013716105 7,878 Alliance Atlantis Comm Inc Common Stocks Class B Non-Voting 01853E204 143 Anderson Exploration Ltd Common Stocks 033901109 1,427 Angiotech Pharmaceuticals Inc Common Stocks 034918102 290 ATI Technologies Inc Common Stocks 001941103 774 Axcan Pharma Inc Common Stocks 054923107 165 Ballard Power Systems Inc Common Stocks 05858H104 758 Bank of Montreal Common Stocks 063671101 9,158 Barrick Gold Corp Common Stocks 067901108 6,306 BCE Inc Common Stocks 05534B109 15,382 Bell Canada International Inc Common Stocks 077914109 28 Biomira Inc Common Stocks 09161R106 99 Biovail Corp Common Stocks 09067J109 5,765 Boardwalk Equities Inc Common Stocks 096613104 108 Bowater Inc Common Stocks 102183100 97 Bracknell Corporation Common Stocks 10382K102 6 Brascan Corporation Common Stocks Class A Limited Voting 10549P606 1,062 Brookfield Properties Corp Common Stocks 112900105 1,757 Calpine Corporation Common Stocks 131347106 71 Cameco Corp Common Stocks 13321L108 555 Canada Life Financial Corp Common Stocks 135113108 9,267 Canadian 88 Energy Corp Common Stocks 13566G509 78 Canadian Nat Resources Ltd Common Stocks 136385101 3,163 Canadian Pacific Ltd Common Stocks 135923100 8,588 Cdn Imp Bank of Commerce Common Stocks 136069101 10,242 Cdn National Railways Common Stocks 136375102 3,155 Celestica Inc Common Stocks Sub-Voting 15101Q108 3,830 Certicom Corp Common Stocks 156915100 19 CGI Group Inc Common Stocks Class A Sub-Voting 39945C109 523

FORM 13F INFORMATION TABLE - SEPTEMBER 30, 2001 COLUMN 1 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE 724 Solutions Inc 24,492 SH SOLE 24,492 Aber Diamond Corporation 23,794 SH SOLE 23,794 Abitibi-Consolidated Inc 190,395 SH SOLE 190,395 Aeterna Laboratoires Inc 10,955 SH SOLE 10,955 Agnico-Eagle Mines Ltd 28,536 SH SOLE 28,536 Agrium Inc 49,687 SH SOLE 49,687 Alberta Energy Co Ltd 129,024 SH SOLE 129,024 Alcan Inc 262,478 SH SOLE 262,478 Alliance Atlantis Comm Inc 14,597 SH SOLE 14,597 Anderson Exploration Ltd 56,885 SH SOLE 56,885 Angiotech Pharmaceuticals Inc 6,722 SH SOLE 6,722 ATI Technologies Inc 98,402 SH SOLE 98,402 Axcan Pharma Inc 15,338 SH SOLE 15,338 Ballard Power Systems Inc 38,676 SH SOLE 38,676 Bank of Montreal 368,268 SH SOLE 368,268 Barrick Gold Corp 361,112 SH SOLE 361,112 BCE Inc 705,087 SH SOLE 705,087 Bell Canada International Inc 9,125 SH SOLE 9,125 Biomira Inc 21,449 SH SOLE 21,449 Biovail Corp 124,776 SH SOLE 124,776 Boardwalk Equities Inc 13,790 SH SOLE 13,790 Bowater Inc 2,203 SH SOLE 2,203 Bracknell Corporation 22,328 SH SOLE 22,328 Brascan Corporation 63,917 SH SOLE 63,917 Brookfield Properties Corp 95,512 SH SOLE 95,512 Calpine Corporation 3,107 SH SOLE 3,107 Cameco Corp 24,378 SH SOLE 24,378 Canada Life Financial Corp 326,467 SH SOLE 326,467 Canadian 88 Energy Corp 59,180 SH SOLE 59,180 Canadian Nat Resources Ltd 128,954 SH SOLE 128,954 Canadian Pacific Ltd 267,735 SH SOLE 267,735 Cdn Imp Bank of Commerce 313,306 SH SOLE 313,306 Cdn National Railways 82,859 SH SOLE 82,859 Celestica Inc 141,713 SH SOLE 141,713 Certicom Corp 11,343 SH SOLE 11,343 CGI Group Inc 91,348 SH SOLE 91,348

FORM 13F INFORMATION TABLE - SEPTEMBER 30, 2001 COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 VALUE NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) CHC Helicopter Corp Common Stocks Class A Sub-Voting 12541C203 35 C-MAC Industries Inc Common Stocks 125920108 1,558 Cognicase Inc Common Stocks 192423101 22 Cognos Inc Common Stocks 19244C109 1,116 Corel Corp Common Stocks 21868Q109 65 Corus Entertainment Inc Common Stocks Class B Non-Voting 220874101 286 Cott Corp Common Stocks 22163N106 385 Creo Products Inc Common Stocks 225606102 179 Cryptologic Inc Common Stocks 228906103 65 Decoma International Inc Common Stocks 24359C100 45 Descartes Systems Group Inc. Common Stocks 249906108 88 Domtar Inc. Common Stocks 257561100 373 Dorel Industries Inc Common Stocks Class B 25822C205 638 Echo Bay Mines Ltd Common Stocks 278751102 42 Enbridge Inc Common Stocks 29250N105 3,094 EXFO Electro-Opt Engineering Common Stocks Sub-Voting 302043104 74 Extendicare Inc Common Stocks Class A Sub-Voting 30224T871 121 Fahnestock Viner Holdings Inc Common Stocks Class A NV 302921101 110 Firstservice Corp Common Stocks Sub-Voting 33761N109 123 Four Seasons Hotels Inc Common Stocks 35100E104 373 Gildan Activewear Inc Common Stocks Class A Sub-Voting 375916103 113 Glamis Gold Ltd Common Stocks 376775102 115 Goldcorp Inc Common Stocks 380956409 405 GSI Lumonics Inc Common Stocks 36229U102 864 GT Group Telecom Inc Common Stocks Class B Non-Voting 362359408 23 Hemosol Inc Common Stocks 42369K102 34 Hummingbird Ltd Common Stocks 44544R101 133 Hurricane Hydrocarbons Ltd Common Stocks 44779E106 119 ID Biomedical Corp Common Stocks 44936D108 28 Imax Corp Common Stocks 45245E109 9 Imperial Oil Ltd Common Stocks 453038408 1,397 Inco Ltd Common Stocks 453258402 2,414 Intertape Polymer Group Inc Common Stocks 460919103 94 Intrawest Corp Common Stocks 460915200 1,077 Ipsco Inc Common Stocks 462622101 1,049 Ivanhoe Energy Inc Common Stocks 465790103 52 Kingsway Financial Services Inc Common Stocks 496904103 2,431 Kinross Gold Corp Common Stocks 496902107 128 Leitch Technology Corp Common Stocks 52543H107 70 Lions Gate Entertainment Corp Common Stocks 535919203 43

FORM 13F INFORMATION TABLE - SEPTEMBER 30, 2001 COLUMN 1 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE CHC Helicopter Corp 4,000 SH SOLE 4,000 C-MAC Industries Inc 78,328 SH SOLE 78,328 Cognicase Inc 7,051 SH SOLE 7,051 Cognos Inc 77,762 SH SOLE 77,762 Corel Corp 31,048 SH SOLE 31,048 Corus Entertainment Inc 17,437 SH SOLE 17,437 Cott Corp 25,728 SH SOLE 25,728 Creo Products Inc 14,940 SH SOLE 14,940 Cryptologic Inc 4,680 SH SOLE 4,680 Decoma International Inc 6,600 SH SOLE 6,600 Descartes Systems Group Inc. 20,973 SH SOLE 20,973 Domtar Inc. 51,173 SH SOLE 51,173 Dorel Industries Inc 31,658 SH SOLE 31,658 Echo Bay Mines Ltd 62,191 SH SOLE 62,191 Enbridge Inc 114,903 SH SOLE 114,903 EXFO Electro-Opt Engineering 8,100 SH SOLE 8,100 Extendicare Inc 27,207 SH SOLE 27,207 Fahnestock Viner Holdings Inc 4,395 SH SOLE 4,395 Firstservice Corp 5,477 SH SOLE 5,477 Four Seasons Hotels Inc 9,973 SH SOLE 9,973 Gildan Activewear Inc 9,460 SH SOLE 9,460 Glamis Gold Ltd 30,938 SH SOLE 30,938 Goldcorp Inc 34,947 SH SOLE 34,947 GSI Lumonics Inc 127,531 SH SOLE 127,531 GT Group Telecom Inc 32,000 SH SOLE 32,000 Hemosol Inc 10,756 SH SOLE 10,756 Hummingbird Ltd 8,028 SH SOLE 8,028 Hurricane Hydrocarbons Ltd 23,800 SH SOLE 23,800 ID Biomedical Corp 10,750 SH SOLE 10,750 Imax Corp 8,744 SH SOLE 8,744 Imperial Oil Ltd 51,649 SH SOLE 51,649 Inco Ltd 193,648 SH SOLE 193,648 Intertape Polymer Group Inc 12,364 SH SOLE 12,364 Intrawest Corp 79,137 SH SOLE 79,137 Ipsco Inc 84,965 SH SOLE 84,965 Ivanhoe Energy Inc 31,668 SH SOLE 31,668 Kingsway Financial Services Inc 247,461 SH SOLE 247,461 Kinross Gold Corp 131,800 SH SOLE 131,800 Leitch Technology Corp 12,900 SH SOLE 12,900 Lions Gate Entertainment Corp 17,500 SH SOLE 17,500

FORM 13F INFORMATION TABLE - SEPTEMBER 30, 2001 COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 VALUE NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) Magna International Inc Common Stocks Class A Sub-Voting 559222401 4,058 Manulife Financial Corp Common Stocks 56501R106 9,427 MDC Corporation Inc Common Stocks Class A Sub-Voting 55267W309 15 MDS Inc Common Stocks 55269P302 1,537 MDSI Mobile Data Solutions Inc Common Stocks 55268N100 9 Meridian Gold Inc Common Stocks 589975101 354 Methanex Corp Common Stocks 59151K108 909 Microcell Telecommunications Common Stocks Class B NV 59501T304 26 Moore Corp Ltd Common Stocks 615785102 301 Namibian Minerals Corp Common Stocks 629913104 1 Nexen Inc. Common Stocks 65334H102 1,000 Noranda Inc Common Stocks 655422103 1,598 Norsat International Inc Common Stocks 656512100 7 Nortel Networks Corp Common Stocks 656568102 12,388 North American Palladium Ltd Common Stocks 656912102 51 Nova Chemicals Corp Common Stocks 66977W109 984 Open Text Corp Common Stocks 683715106 196 Pan American Silver Corp Common Stocks 697900108 63 Petro-Canada Common Stocks 71644E102 7,262 Pivotal Corp Common Stocks 72581R106 38 Placer Dome Inc Common Stocks 725906101 1,816 Potash Corp of Sask Inc Common Stocks 73755L107 3,240 Precision Drilling Corp Common Stocks 74022D100 477 Premdor Inc Common Stocks 74046P105 1,378 QLT Inc Common Stocks 746927102 451 Quebecor World Inc Common Stocks Sub Voting 748203106 2,740 Research In Motion Limited Common Stocks 760975102 405 Rogers Communications Inc Common Stocks Class B Non-Voting 775109200 854 Rogers Wireless Communications Common Stocks Class B Restricted Voting Shs 775315104 84 Royal Bank of Canada Common Stocks 780087102 17,497 Royal Group Technologies Ltd Common Stocks Sub-Voting 779915107 1,473 Shaw Communications Inc Common Stocks Class B 82028K200 1,904 Sierra Wireless Inc Common Stocks 826516106 72 Standard & Poor's Dep Receipts Common Stocks SPDRs 78462F103 2,997 Suncor Energy Inc Common Stocks 867229106 5,265 Talisman Energy Inc Common Stocks 87425E103 4,346 Telesystems Int'l Wireless Inc Common Stocks Sub-Voting 879946309 4 Telus Corporation Common Stocks Non-Voting 87971M202 276 Tesco Corp Common Stocks 88157K101 227 Tesma International Inc Common Stocks Class A Sub Voting 881908107 106 TLC Laser Eye Centers Inc Common Stocks 87255E108 43 Toronto Dominion Bank Common Stocks 891160509 14,076

FORM 13F INFORMATION TABLE - SEPTEMBER 30, 2001 COLUMN 1 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE Magna International Inc 77,090 SH SOLE 77,090 Manulife Financial Corp 360,203 SH SOLE 360,203 MDC Corporation Inc 7,719 SH SOLE 7,719 MDS Inc 129,692 SH SOLE 129,692 MDSI Mobile Data Solutions Inc 3,234 SH SOLE 3,234 Meridian Gold Inc 32,691 SH SOLE 32,691 Methanex Corp 187,164 SH SOLE 187,164 Microcell Telecommunications 11,857 SH SOLE 11,857 Moore Corp Ltd 39,158 SH SOLE 39,158 Namibian Minerals Corp 6,133 SH SOLE 6,133 Nexen Inc. 51,789 SH SOLE 51,789 Noranda Inc 174,075 SH SOLE 174,075 Norsat International Inc 7,000 SH SOLE 7,000 Nortel Networks Corp 2,211,661 SH SOLE 2,211,661 North American Palladium Ltd 9,600 SH SOLE 9,600 Nova Chemicals Corp 60,358 SH SOLE 60,358 Open Text Corp 9,050 SH SOLE 9,050 Pan American Silver Corp 15,172 SH SOLE 15,172 Petro-Canada 294,433 SH SOLE 294,433 Pivotal Corp 9,000 SH SOLE 9,000 Placer Dome Inc 140,307 SH SOLE 140,307 Potash Corp of Sask Inc 58,372 SH SOLE 58,372 Precision Drilling Corp 22,571 SH SOLE 22,571 Premdor Inc 194,454 SH SOLE 194,454 QLT Inc 29,139 SH SOLE 29,139 Quebecor World Inc 109,321 SH SOLE 109,321 Research In Motion Limited 25,213 SH SOLE 25,213 Rogers Communications Inc 66,772 SH SOLE 66,772 Rogers Wireless Communications 7,917 SH SOLE 7,917 Royal Bank of Canada 574,145 SH SOLE 574,145 Royal Group Technologies Ltd 97,194 SH SOLE 97,194 Shaw Communications Inc 94,032 SH SOLE 94,032 Sierra Wireless Inc 6,871 SH SOLE 6,871 Standard & Poor's Dep Receipts 28,700 SH SOLE 28,700 Suncor Energy Inc 189,047 SH SOLE 189,047 Talisman Energy Inc 127,163 SH SOLE 127,163 Telesystems Int'l Wireless Inc 6,505 SH SOLE 6,505 Telus Corporation 24,300 SH SOLE 24,300 Tesco Corp 40,447 SH SOLE 40,447 Tesma International Inc 6,573 SH SOLE 6,573 TLC Laser Eye Centers Inc 16,836 SH SOLE 16,836 Toronto Dominion Bank 572,747 SH SOLE 572,747

FORM 13F INFORMATION TABLE - SEPTEMBER 30, 2001 COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 VALUE NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) TransAlta Corp Common Stocks 89346D107 1,003 TransCanada Pipelines Ltd Common Stocks 893526103 5,325 Trizec Hahn Corp Common Stocks Sub Vtg 896938107 1,570 TVX Gold Inc Common Stocks 87308K200 35 Ultra Petroleum Corp Common Stocks 903914109 125 Vasogen Inc Common Stocks 92232F103 77 Wescast Industries Inc Common Stocks Class A Sub-Voting 950813105 71 Westaim Corporation Common Stocks 956909105 112 Westcoast Energy Inc Common Stocks 95751D102 3,115 Zarlink Semiconductor Inc Common Stocks 989139100 443 ZI Corporation Common Stocks 988918108 82

FORM 13F INFORMATION TABLE - SEPTEMBER 30, 2001 COLUMN 1 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE TransAlta Corp 73,670 SH SOLE 73,670 TransCanada Pipelines Ltd 413,637 SH SOLE 413,637 Trizec Hahn Corp 87,432 SH SOLE 87,432 TVX Gold Inc 71,383 SH SOLE 71,383 Ultra Petroleum Corp 31,200 SH SOLE 31,200 Vasogen Inc 19,222 SH SOLE 19,222 Wescast Industries Inc 2,539 SH SOLE 2,539 Westaim Corporation 33,334 SH SOLE 33,334 Westcoast Energy Inc 122,442 SH SOLE 122,442 Zarlink Semiconductor Inc 55,337 SH SOLE 55,337 ZI Corporation 16,383 SH SOLE 16,383

U.K. OPERATIONS - AMOUNTS SHOWN ARE IN U.S. DOLLARS

FORM 13F INFORMATION TABLE - SEPTEMBER 30, 2001 COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 VALUE NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) ABBOTT LABS. COM 2002305 4,252 AMER.HOME PRDS. COM 2027104 7,211 AMER.INTL.GP. COM 2027342 18,603 ANADARKO PTL. COM 2032380 49 ANALOG DEVICES COM 2032067 2,745 ANHEUSER-BUSCH COM 2033004 8,539 AOL TIME WARNER COM 2712165 7,779 APPLIED MATS. COM 2046552 2,833 AT&T WIRELESS SVS. COM 2781057 2,092 AUTOMATIC DATA PROC. COM 2065308 4,648 BANK OF AMERICA COM 2295677 4,750 BANK OF NEW YORK COM 2076021 5,912 BELLSOUTH COM 2090601 4,762 BRISTOL MYERS SQUIBB COM 2126335 7,681 CARDINAL HEALTH COM 2175672 4,622 CEL COMMUNICATIONS COM 2181828 0 CENDANT COM 2214638 5,517 CHEVRONTEXACO COM 2838555 4,949 CHINA INV. COM 193018 42 CISCO SYSTEMS COM 2198163 4,683 CITIGROUP COM 2297907 13,085 COCA COLA COM 2206657 10,992 COLGATE-PALM. COM 2209106 5,126 CORNING COM 2224701 794 DELPHI AUTV.SYS. COM 2385998 48 DISNEY (WALT) COM 2270726 4,528 DU PONT E I DE NEMOURS COM 2018175 4,134 DUKE ENERGY COM 2283906 6,707

FORM 13F INFORMATION TABLE - SEPTEMBER 30, 2001 COLUMN 1 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE ABBOTT LABS. 82,000 SH SOLE 82,000 AMER.HOME PRDS. 123,800 SH SOLE 123,800 AMER.INTL.GP. 238,500 SH SOLE 238,500 ANADARKO PTL. 1,021 SH SOLE 1,021 ANALOG DEVICES 83,953 SH SOLE 83,953 ANHEUSER-BUSCH 203,890 SH SOLE 203,890 AOL TIME WARNER 235,001 SH SOLE 235,001 APPLIED MATS. 99,600 SH SOLE 99,600 AT&T WIRELESS SVS. 140,000 SH SOLE 140,000 AUTOMATIC DATA PROC. 98,800 SH SOLE 98,800 BANK OF AMERICA 81,331 SH SOLE 81,331 BANK OF NEW YORK 168,900 SH SOLE 168,900 BELLSOUTH 114,600 SH SOLE 114,600 BRISTOL MYERS SQUIBB 138,255 SH SOLE 138,255 CARDINAL HEALTH 62,500 SH SOLE 62,500 CEL COMMUNICATIONS 648 SH SOLE 648 CENDANT 431,000 SH SOLE 431,000 CHEVRONTEXACO 58,400 SH SOLE 58,400 CHINA INV. 30,367 SH SOLE 30,367 CISCO SYSTEMS 384,499 SH SOLE 384,499 CITIGROUP 323,097 SH SOLE 323,097 COCA COLA 234,616 SH SOLE 234,616 COLGATE-PALM. 88,000 SH SOLE 88,000 CORNING 89,990 SH SOLE 89,990 DELPHI AUTV.SYS. 4,060 SH SOLE 4,060 DISNEY (WALT) 243,200 SH SOLE 243,200 DU PONT E I DE NEMOURS 110,194 SH SOLE 110,194 DUKE ENERGY 177,200 SH SOLE 177,200

FORM 13F INFORMATION TABLE - SEPTEMBER 30, 2001 COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 VALUE NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) EL PASO COM 2295945 6,116 ELAN ADR 1 ADR = 1 SHARE COM 2307237 19,878 EMC MASS. COM 2295172 1,739 EMERSON ELECTRIC COM 2313405 4,728 ENSCO INTL. COM 2105594 2,787 EXXON MOBIL COM 2326618 13,294 FANNIE MAE COM 2333889 5,628 GANNETT COM 2360304 3,516 GEN.ELEC. COM 2380498 19,739 GENERAL MOTORS COM 2365804 249 GEORGIA PACIFIC COM 2367305 2,850 HEWLETT-PACKARD COM 2424006 2,427 HOME DEPOT COM 2434209 2,609 INGERSOLL-RAND COM 2462448 2,062 INTEL COM 2463247 5,482 INTL.BUS.MACH. COM 2005973 7,008 ISHARES MSCI SOUTH KOREA COM 2592561 3,424 ISHARES MSCI TAIWAN COM 2671868 3,039 J P MORGAN CHASE & CO. COM 2190385 6,783 JOHNSON & JOHNSON COM 2475833 8,449 KROGER COM 2497406 1,717 LILLY ELI COM 2516152 6,805 MAY DEPT.STORES COM 2573890 2,020 MCDONALDS COM 2550707 3,827 MELLON FINL. COM 2576350 4,656 MERCK COM 2578312 11,107 MERRILL LYNCH COM 2580986 3,082 MEXICO FUND COM 2587170 840 MICRON TECH. COM 2588184 2,335 MICROSOFT COM 2588173 8,320 NASDAQ 100 TST.UNT.SR.1 COM 2402433 10,131 NORTEL NETWORKS (NYS) COM 2583714 924 ORACLE COM 2661568 3,058 PFIZER COM 2684703 16,951 PHARMACIA COM 2571883 5,090 PHELPS DODGE COM 2685007 3,795 PROCTER & GAMBLE COM 2704407 4,775 RAYTHEON COM 2758051 13 ROC TAIWAN FUND COM 2719122 1,504 SAFEWAY COM 2767165 3,372 SBC COMMUNICATIONS COM 2831811 11,068 SUN MICROSYSTEMS COM 2859954 1,731 SYSCO COM 2868165 4,966 TAIWAN FUND COM 2869878 1,828 TEXAS INSTS. COM 2885409 2,883

FORM 13F INFORMATION TABLE - SEPTEMBER 30, 2001 COLUMN 1 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE EL PASO 147,200 SH SOLE 147,200 ELAN ADR 1 ADR = 1 SHARE 410,270 SH SOLE 410,270 EMC MASS. 148,000 SH SOLE 148,000 EMERSON ELECTRIC 100,469 SH SOLE 100,469 ENSCO INTL. 190,600 SH SOLE 190,600 EXXON MOBIL 337,400 SH SOLE 337,400 FANNIE MAE 70,300 SH SOLE 70,300 GANNETT 58,500 SH SOLE 58,500 GEN.ELEC. 530,615 SH SOLE 530,615 GENERAL MOTORS 5,800 SH SOLE 5,800 GEORGIA PACIFIC 99,000 SH SOLE 99,000 HEWLETT-PACKARD 151,200 SH SOLE 151,200 HOME DEPOT 68,000 SH SOLE 68,000 INGERSOLL-RAND 61,000 SH SOLE 61,000 INTEL 268,195 SH SOLE 268,195 INTL.BUS.MACH. 76,401 SH SOLE 76,401 ISHARES MSCI SOUTH KOREA 311,000 SH SOLE 311,000 ISHARES MSCI TAIWAN 428,000 SH SOLE 428,000 J P MORGAN CHASE & CO. 198,616 SH SOLE 198,616 JOHNSON & JOHNSON 152,500 SH SOLE 152,500 KROGER 69,700 SH SOLE 69,700 LILLY ELI 84,326 SH SOLE 84,326 MAY DEPT.STORES 69,600 SH SOLE 69,600 MCDONALDS 141,000 SH SOLE 141,000 MELLON FINL. 144,000 SH SOLE 144,000 MERCK 166,779 SH SOLE 166,779 MERRILL LYNCH 75,900 SH SOLE 75,900 MEXICO FUND 55,000 SH SOLE 55,000 MICRON TECH. 124,000 SH SOLE 124,000 MICROSOFT 162,601 SH SOLE 162,601 NASDAQ 100 TST.UNT.SR.1 349,600 SH SOLE 349,600 NORTEL NETWORKS (NYS) 164,760 SH SOLE 164,760 ORACLE 243,100 SH SOLE 243,100 PFIZER 422,724 SH SOLE 422,724 PHARMACIA 125,493 SH SOLE 125,493 PHELPS DODGE 138,000 SH SOLE 138,000 PROCTER & GAMBLE 65,600 SH SOLE 65,600 RAYTHEON 369 SH SOLE 369 ROC TAIWAN FUND 432,300 SH SOLE 432,300 SAFEWAY 84,900 SH SOLE 84,900 SBC COMMUNICATIONS 234,894 SH SOLE 234,894 SUN MICROSYSTEMS 209,300 SH SOLE 209,300 SYSCO 194,436 SH SOLE 194,436 TAIWAN FUND 240,800 SH SOLE 240,800 TEXAS INSTS. 115,415 SH SOLE 115,415

FORM 13F INFORMATION TABLE - SEPTEMBER 30, 2001 COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 VALUE NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) UNION PACIFIC COM 2914734 124 UNITED TECHNOLOGIES COM 2915500 5,422 VERIZON COMMS. COM 2090571 10,806 VIACOM 'A' COM 2929017 303 VIACOM 'B' COM 2930611 2,121 WAL MART STORES COM 2936921 9,059 WALGREEN COM 2934839 6,239 WELLS FARGO & CO COM 2649100 4,538 WEYERHAEUSER COM 2958936 178 ZIMMER HDG. COM 2783815 1,887

FORM 13F INFORMATION TABLE - SEPTEMBER 30, 2001 COLUMN 1 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE UNION PACIFIC 2,650 SH SOLE 2,650 UNITED TECHNOLOGIES 116,600 SH SOLE 116,600 VERIZON COMMS. 199,700 SH SOLE 199,700 VIACOM 'A' 8,675 SH SOLE 8,675 VIACOM 'B' 61,477 SH SOLE 61,477 WAL MART STORES 183,000 SH SOLE 183,000 WALGREEN 181,200 SH SOLE 181,200 WELLS FARGO & CO 102,100 SH SOLE 102,100 WEYERHAEUSER 3,650 SH SOLE 3,650 ZIMMER HDG. 67,985 SH SOLE 67,985