Breakdown by Asset Class

TSX:PAYL Holdings List

No.	Symbol	Name	% Weight	Shares
1	TSX: ZFL	BMO Long Federal Bond Index ETF	49.61%	91,461
2	n/a	Canadian Dollar	22.68%	499,226
3	TLT	iShares 20+ Year Treasury Bond ETF	20.53%	3,885
4	TLTX.F.TO	Global X 20+ Year U.S. Trs Bd Idx ETF H	13.63%	6,324
5	TSTX.F.TO	Global X 1-3 Year U.S. Trs Bd Idx ETFUSD	12.64%	5,624
6	CBIL.TO	Global X 0-3 Month T-Bill ETF CAD	2.87%	1,260
7	n/a	Us Dollar	2.53%	41,000
8	n/a	Us Dollar	0.64%	10,439
9	n/a	Cash	0.09%	2,018
10	n/a	Management Fee Rebate	0.01%	1
11	n/a	Tlt,us,call,87.5,05/01/26,ishares 20+ Year Treasur	-0.00%	11
12	n/a	Tlt,us,call,86.5,05/01/26,ishares 20+ Year Treasur	-0.00%	11
13	n/a	Operating Expense Class A	-0.00%	n/a
14	n/a	Hst Blended/Base Rate Class A	-0.00%	n/a
15	n/a	Management Expense Class A	-0.04%	n/a
16	n/a	Transaction Fee	-0.06%	1
17	n/a	Tlt,us,put,86.5,05/01/26,ishares 20+ Year Treasury	-0.07%	11
18	n/a	Tlt,us,put,86,05/22/26,ishares 20+ Year Treasury B	-0.07%	11
19	n/a	Tlt,us,put,86,06/05/26,ishares 20+ Year Treasury B	-0.13%	15
20	n/a	Us Dollar	-2.57%	56,486
21	n/a	Canadian Dollar	-22.28%	361,000

As of Apr 30, 2026