Holdings (as at 22/05/2013)

Symbol % of Net Assets
Cameco Corp. 5.77%
Bombardier Inc. (Class B) 5.70%
Black Diamond Group Ltd 5.41%
Strategic Oil & Gas Ltd 5.38%
Finning International Inc. 5.29%
InterRent Real Estate Investment Trust 5.23%
Gildan Activewear Inc. 5.20%
Potash Corporation of Saskatchewan Inc. 5.11%
Shoppers Drug Mart Corporation 5.11%
Savanna Energy Services Corp 5.03%
Crescent Point Energy Corp. 4.93%
Killam Properties Inc 4.79%
SNC-Lavalin Group Inc. 4.77%
Aimia, Inc. 4.75%
Canfor Pulp Products, Inc. 4.68%
TORC Oil & Gas Ltd. 4.67%
Eldorado Gold Corporation 4.61%
Yamana Gold Inc 4.39%
B2Gold Corp. 4.39%
Aecon Group Inc. 4.36%

The First Trust Raymond James Canadian Focus Picks Portfolio is a mutual fund that invests in securities that make up the Raymond James Canadian Focus Picks List. FT Portfolios Canada Co. (FTPC) is the manager and operator of the First Trust Raymond James Canadian Focus Picks Portfolio. Raymond James Ltd. has licensed the Canadian Focus Picks List to FTPC and the list forms the basis of the First Trust Raymond James Canadian Focus Picks Portfolio. The prospectus has further details on the above and should be reviewed for greater clarity before investing. *"Raymond James" is a trade-mark of Raymond James Financial, Inc. and is used under license by FTPC and the First Trust Raymond James Canadian Focus Picks Portfolio pursuant to a trade-mark license agreement between Raymond James Financial, Inc., FTPC and FT Mutual Fund Corporation.

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please carefully read the simplified prospectus of the fund before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.