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Top 10 Holdings

Updated May 29, 2015

Wintergreen Fund Top Ten Equity* Holdings

as of: March 31, 2015
Issuer % of Total Net Assets
Reynolds American Inc. 7.0%
Franklin Resources Inc. 6.4%
British American Tobacco plc 6.4%
Canadian Natural Resources Ltd. 6.4%
Consolidated-Tomoka Land Co. 6.3%
Compagnie Financiere Richemont SA 6.2%
Swatch Group AG** 5.0%
Nestlé SA, Registered 5.0%
Altria Group Inc. 4.9%
Genting Malaysia Bhd 3.2%

**Includes Swatch Group AG Bearer and Registered shares. *Equity holdings include Common Stock. Any Short Sales or Options held by the Fund are not included in this list. Holdings are subject to change, may not be representative of current holdings, and are subject to risk.

Short Sale Risk is the risk that the Fund will incur a theoretically unlimited loss if the price of a security sold short increases between the time of the short sale and the time the Fund replaces the borrowed security.