Breakdown by Asset Class

TSX:PAYL Holdings List

No.	Symbol	Name	% Weight	Shares
1	TSX: ZFL	BMO Long Federal Bond Index ETF	50.92%	90,212
2	n/a	Canadian Dollar	31.52%	646,711
3	n/a	Us Dollar	17.36%	255,000
4	TLT	iShares 20+ Year Treasury Bond ETF	15.03%	2,698
5	CBIL.TO	Global X 0-3 Month T-Bill ETF CAD	13.83%	5,662
6	TLTX.F.TO	Global X 20+ Year U.S. Trs Bd Idx ETF H	9.77%	4,475
7	TMTX.F.TO	Global X 3-10 Yr US Trs Bd Idx ETF CAD H	9.45%	3,850
8	TSTX.F.TO	Global X 1-3 Year U.S. Trs Bd Idx ETFUSD	1.17%	498
9	n/a	Us Dollar	0.20%	3,004
10	n/a	Cash	0.06%	1,257
11	n/a	Management Fee Rebate	0.01%	1
12	n/a	Tlt,us,put,77,10/30/26,ishares 20+ Year Treasury B	-0.00%	20
13	n/a	Operating Expense Class A	-0.00%	n/a
14	n/a	Hst Blended/Base Rate Class A	-0.01%	n/a
15	n/a	Tlt,us,call,82,11/06/26,ishares 20+ Year Treasury	-0.01%	5
16	n/a	Management Expense Class A	-0.05%	n/a
17	n/a	Tlt,us,call,80,10/30/26,ishares 20+ Year Treasury	-0.07%	6
18	n/a	Transaction Fee	-0.10%	1
19	n/a	Tlt,us,call,81,11/20/26,ishares 20+ Year Treasury	-0.16%	20
20	n/a	Tlt,us,call,79,10/30/26,ishares 20+ Year Treasury	-0.36%	20
21	n/a	Us Dollar	-17.53%	359,627
22	n/a	Canadian Dollar	-31.04%	456,000

As of Oct 31, 2026