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	66.54%	1,443,162
2	n/a	Canadian Dollar	15.53%	16,877,889
3	TSX: ZFS	BMO Short Federal Bond Index ETF	14.27%	1,113,910
4	TLT	iShares 20+ Year Treasury Bond ETF	10.91%	100,242
5	TSTX.F.TO	Global X 1-3 Year U.S. Trs Bd Idx ETFUSD	6.43%	141,828
6	n/a	Us Dollar	5.39%	4,247,000
7	TLTX.F.TO	Global X 20+ Year U.S. Trs Bd Idx ETF H	1.95%	44,519
8	n/a	Cash	0.21%	226,799
9	n/a	Us Dollar	0.05%	37,206
10	n/a	Tlt,us,put,83,07/17/26,ishares 20+ Year Treasury B	0.02%	298
11	n/a	Management Fee Rebate	0.01%	n/a
12	n/a	Transaction Fee	-0.00%	1
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	Tlt,us,put,80,07/17/26,ishares 20+ Year Treasury B	-0.00%	298
16	n/a	Tlt,us,call,85,05/29/26,ishares 20+ Year Treasury	-0.01%	139
17	n/a	Tlt,us,call,85.5,06/18/26,ishares 20+ Year Treasur	-0.02%	206
18	n/a	Tlt,us,put,86,06/05/26,ishares 20+ Year Treasury B	-0.02%	283
19	n/a	Management Expense Class A	-0.03%	n/a
20	n/a	Tlt,us,call,84.5,05/29/26,ishares 20+ Year Treasur	-0.05%	285
21	n/a	Tlt,us,call,84.5,06/05/26,ishares 20+ Year Treasur	-0.05%	285
22	n/a	Us Dollar	-5.35%	5,808,045
23	n/a	Canadian Dollar	-15.74%	12,408,000

As of May 31, 2026