Breakdown by Asset Class

TSX:PAYS Holdings List

No.	Symbol	Name	% Weight	Shares
1	CBIL.TO	Global X 0-3 Month T-Bill ETF CAD	64.43%	1,266,571
2	n/a	Canadian Dollar	18.78%	18,496,981
3	TSX: ZFS	BMO Short Federal Bond Index ETF	14.42%	1,037,126
4	TLT	iShares 20+ Year Treasury Bond ETF	13.10%	116,525
5	TSTX.F.TO	Global X 1-3 Year U.S. Trs Bd Idx ETFUSD	6.46%	132,052
6	n/a	Us Dollar	5.97%	4,131,000
7	TLTX.F.TO	Global X 20+ Year U.S. Trs Bd Idx ETF H	1.80%	41,463
8	n/a	Us Dollar	0.22%	152,999
9	n/a	Cash	0.12%	120,101
10	n/a	Management Fee Rebate	0.01%	1
11	n/a	Tlt,us,call,78,09/30/26,ishares 20+ Year Treasury	-0.00%	226
12	n/a	Tlt,us,call,82,10/02/26,ishares 20+ Year Treasury	-0.00%	328
13	n/a	Transaction Fee	-0.00%	1
14	n/a	Operating Expense Class A	-0.00%	n/a
15	n/a	Hst Blended/Base Rate Class A	-0.00%	n/a
16	n/a	Tlt,us,call,78.5,10/09/26,ishares 20+ Year Treasur	-0.02%	328
17	n/a	Management Expense Class A	-0.03%	n/a
18	n/a	Tlt,us,put,81,10/16/26,ishares 20+ Year Treasury B	-0.09%	165
19	n/a	Us Dollar	-5.94%	5,847,221
20	n/a	Canadian Dollar	-19.22%	13,305,000

As of Sep 30, 2026