TSX:PAYL Holdings List

No.	Symbol	Name	% Weight	Shares
1	TSX: ZFL	BMO Long Federal Bond Index ETF	50.01%	75,177
2	n/a	Canadian Dollar	37.89%	710,750
3	TLT	iShares 20+ Year Treasury Bond ETF	32.00%	4,826
4	CBIL.TO	Global X 0-3 Month T-Bill ETF CAD	18.15%	6,792
5	n/a	Us Dollar	8.98%	121,000
6	n/a	Cash	0.35%	6,513
7	n/a	Us Dollar	0.20%	2,723
8	n/a	Management Fee Rebate	0.01%	1
9	n/a	Operating Expense Class A	-0.00%	n/a
10	n/a	Hst Blended/Base Rate Class A	-0.01%	n/a
11	n/a	Tlt,us,put,87.5,10/03/25,ishares 20+ Year Treasury	-0.01%	10
12	n/a	Transaction Fee	-0.02%	1
13	n/a	Tlt,us,call,91,10/31/25,ishares 20+ Year Treasury	-0.03%	7
14	n/a	Management Expense Class A	-0.04%	n/a
15	n/a	Tlt,us,call,89,10/10/25,ishares 20+ Year Treasury	-0.05%	8
16	n/a	Tlt,us,call,88.5,10/01/25,ishares 20+ Year Treasur	-0.06%	10
17	n/a	Tlt,us,call,88,09/30/25,ishares 20+ Year Treasury	-0.07%	7
18	n/a	Us Dollar	-8.87%	166,401
19	n/a	Canadian Dollar	-38.43%	518,000

As of Sep 30, 2025