review - Investment s Available in This Plan - Gross Annualized rates of return for periods ending September 3, 216 Rating 1 yr (%) 3 yr (%) 5 yr (%) 1 yr (%) Asset Allocation s - Diversified mix of investment vehicles suited to an investor personality Conservative - income oriented, lower risk 1 (1) Multi-Management 3/7 Portfolio 7.9 6.84 5.84 5.5 Moderate - income oriented with some growth potential, lower - medium risk 1 (2) Multi-Management 45/55 Portfolio 8.86 7.6 7.22 5.23 Balanced - a balance between growth and income, medium risk 1 (3) Multi-Management 6/4 Portfolio * 1.27 8.51 8.52 5.59 Advanced - growth oriented, medium - higher risk 1 (4) Multi-Management 75/25 Portfolio 11.58 9.68 9.96 6.14 1 (5) Multi-Management 9/1 Portfolio 12.68 1.5 11.28 6.34 Cash and Equivalent s - Short term and/or interest-bearing investments Canadian Money Market - low risk, low - guaranteed return 1 (6) 5 Year Compound Interest *** 1.45 Fixed Income s - Income bearing investments Canadian Bond - lower risk, lower - medium return 1 (7) Income (Beutel Goodman) N/ 6.7 4.71 3.44 5.15 Balanced s - Diversified mix of investment vehicles Canadian Balanced - medium growth potential, medium risk 1 (8) Income Growth (Invesco Trimark) 11.81 1.3 12.7 6.47 1 (9) Balanced (Jarislowsky Fraser) 9.13 1.79 11.55 6.95 1 (1) Canadian Balanced (Fidelity) 9.29 11.14 1.78 8.56 Canadian Equity s - Predominantly stocks of Canadian companies Canadian Equity - medium to higher growth potential, medium to higher risk 1 (11) Canadian Equity (Jarislowsky Fraser) 13.76 1.3 11.85 7.7 1 (12) Canadian Equity (CC&L) N/A 14.85 1.77 11.59 7.47 Foreign Equity s - Predominantly stocks of non-canadian companies U.S. Equity - medium risk, higher return 1 (13) American Equity (MFS) 9.7 18.86 21.31 8.43 International Equity - higher risk, higher return 1 (14) International Equity (Sprucewood) 8.38 8.35 11.67 4.54 Global Equity - higher risk, higher return 1 (15) Global Equity (Invesco Trimark) 19.66 17.72 18.25 7.9 Please note: The indicated growth reflects changes in unit value and reinvestment of all distributions and does not take into account management fees payable by the unit holder which would reduce returns. Performance data is provided for illustrative purposes only and represents past performance, which is not necessarily indicative of future performance. Rates and conditions are subject to change without notice. For information, call The Benefits Company Inc. (519) 258-5948 Your investments are important, and we're here to help you in every way we can. You can also visit our Web site at www.thebenefitscompany.ca 1 The historical performance shown is that of the Desjardins segregated fund. For periods prior to the inception of the Desjardins segregated fund, the performance of the underlying third party fund was used. * Denotes the default investment. ** Current 5 year rate of return. The rate is guaranteed by the financial institution that is providing the fund. The rate will not change over the term, even if the new rates are changing. You ll be "locked-in" at that rate and can only reinvest when the term is up or pay a penalty to disinvest. ***The lowest published 5 year CIA rate has been used. Some Plan Sponsors have rate enhancements which are not shown on the Review. 1
Printed on 1-28-216 Multi-Management 3/7 Category Canadian Fixed Income Balanced Return Low Risk Average General Information Code 4 Inception September 22 Assets ($Mil) 19.67 Management Company Volatility Analysis Investment Category Multi-Manager Low Moderate High Investment Objective This targets an annualized return higher than that of the combined benchmarks hereinafter, over four-year moving periods. 15% FTSE TMX Canada Short Term, 55% FTSE TMX Canada Universe, 7.5% S&P/TSX, 2% MSCI ACWI Net Investor Profile Secure Profile This fund is composed of a portfolio of underlying funds that emphasizes the preservation of capital and obtaining a stable return. It invests in a wide array of pooled funds, with a strong concentration in fixed income funds and a small percentage in Canadian and foreign equity funds. Risk tolerance: Low Note The fund s target asset class allocation was modified on September 18, 215. Prior to this date, the target was 2% in equities and 8% in fixed income. The benchmark has been modified as of August 1st, 216. Performance Analysis as at 9-3-216 2 Growth of $1, ( ( * ) ) * ) ) ( ) * Quartile 18 16 14 12 1 8 26 27 28 29 21 211 212 213 214 215 YTD Calendar Year as at 9-3-216 7.8 2.8-2.6 8.2 7.2 5. 5.5 3.1 9.4 2.8 6.2 Return % 7. 3.2-1.4 8.2 6.7 5.2 4.5 3.3 9.1 4.1 5.2 % Annualized Returns % 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 1 Yr 7.9 5.6 6.8 5.6 5.8 5.1 7.2 5.9 6.8 5.6 5.7 5.1 Disclosure The above data represents past performance returns, which is not indicative of future results. These are gross performance returns, calculated after the fund's operating expenses, but before investment fees. For more information, please contact Desjardins Insurance's Customer Contact Centre at 1-8-968-3587. Portfolio Analysis as at 9-3-216 Composition Top Five Countries Canada United States United Kingdom Japan Australia Top Ten Holdings Cash Fixed Income Canadian Equity International Equity Other Addenda Commercial Mortgages Pooled Canada Hsg Tr No 1 1.25% 15-6-221 Ontario Prov Cda 4.2% 2-6-22 Ontario Prov Cda 4.65% 2-6-241 Ontario Prov Cda 2.1% 8-9-219 NHA Mtge Backed Secs 1.35% 1-5-22 Canada Govt 1.5% 1-6-226 Canada Govt 2.25% 1-6-225 Canada Hsg Tr No 1 2% 15-12-219 Canada Hsg Tr No 1 2.9% 15-6-224 Total Number of Portfolio Holdings Total Number of Underlying Holdings Total Number of Stock Holdings Total Number of Bond Holdings 5.8 65.1 7.1 11.1 9.8 1. 75.3 13.1 2.3 1.8 1. 5. 1.1 1.1 1. 1..8.8.8.8.8 2 6,856 4,686 1,816 Target Composition Fixed Income s 7. Canadian Equity s 7.5 s 4.75 International Equity s 4.75 Global Equity s 9.5 Emerging Market Equity 1. Global Real Estate 1.25 Global Infrastructure 1.25 Top Five Global Equity Sectors Financials Industrial Consumer Staples Consumer Discretionary Information Technology Fixed Income Breakdown Government Bonds Corporate Bonds Other Bonds Mortgages/MBS ST Investments (Cash & Other) Asset Backed Securities % Equity 19.8 1.5 9.7 9.6 9.1 % Bond 44.7 37.9 1.9 7.3 8.1. 214. Research Inc. All Rights Reserved. The information contained herein: (1) is proprietary to ; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. is not responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results. This fund is an investment product offered under an insurance contract issued by Desjardins Financial Security. Desjardins Insurance refers to Desjardins Financial Security Life Assurance Company. 2
Desjardins fin'l Multi-Management 3/7 Index : CAN Bal Cdn Con CAD Category : CdnFxInBal Release date : September 3 216 Performance History Growth of $1, (1-26 to 9-216) $16,368 18, 16, 14, 12, 1, 8, 6, 4, 2, 27 28 29 21 211 212 213 214 215 4 Year Risk/Return 1 Return (%) 5 s in Category -5 Return Low Return Low 5 1 Risk (%) Risk and Return Statistics 3Yr 4Yr 5Yr 7Yr 1Yr 15Yr Standard Deviation 3.86 3.68 3.36 3.7 3.55 -- Sharpe Ratio 1.57 1.3 1.48 1.58 1. -- Alpha -.49 -.69 -.47.32.56 -- Beta 1.2 1.21 1.16 1..92 -- R-Squared.92.89.87.79.86 -- Rating Q Style Box 4 Inception September 22 Similarity Analysis Prepared by Matthew Loscher Most Similar Score Most Dissimilar Score Holdings Based Desjardins fin'l Multi-Management 9 QV Canadian Income 73 LL Income (Mackenzie) 9 GWL Income 74 LL BlackRock LifePath 21 Retire 89 LL Canadian Income (Portico) 75 Performance Based IA Asset Allocation-Conservative 97 QV Canadian Income 51 LL Continuum 21 96 Sun Life BlackRock Canadian Balan 77 Standard Life Retirement Index 95 BlackRock Balanced Conservative I 82 Ratings Return Risk Rating 3 Year 5.93.15 QQ 5 Year 4.88.11 Q 1 Year 3.46.13 Q Performance Analysis Return Category Return Index Return Growth of Total Return % $1, YTD 6.2 5.9 5.3 1,619 1 Year 7.9 7.8 6.5 1,79 3 Year 6.8 7.6 6.2 12,194 4 Year 5.6 7. 5.4 12,434 5 Year 5.8 7.1 5.6 13,28 7 Year 5.7 6.6 5.3 14,72 1 Year 5.1 5.8 4.7 16,368 Since Inception 5.8 -- 6.8 22,149 Best/Worst Time Periods 3 Months Ret% 1 Year Ret% 3 Year Ret% Best 11-14/1-15 5.5 4-3/3-4 13.8 4-3/3-6 3. Worst 9-8/11-8 -6.6 3-8/2-9 -6.2 3-6/2-9 3.3 Annualized Returns % Cat.Avg 3 2 1-1 1 Year 3 Year 4 Year 5 Year 7 Year 1 Year 15 Year Index * ) ) ) ) ) Calendar Year Return % Cat.Avg Index 2 1-1 -2 22 23 24 25 26 27 28 29 21 211 212 213 214 215 YTD ( ( ( ( ( * ) ) * ) ) ( ) * Rolling Returns Best Median 2 1-1 -2 1 Year 3 Year 4 Year 5 Year 7 Year 1 Year 15 Year Worst 216 Research Inc. All rights reserved. 1 Toronto Street, Suite 5, PO Box 26, Toronto, ON, M5C 2W4. 416-489-774. is an independent provider of financial information. Although data are gathered from reliable sources, cannot guarantee completeness or accuracy. If used as supplemental sales literature, this report must be accompanied by the company s fund specific information, as well as a disclosure statement. 3
Printed on 1-28-216 Multi-Management 45/55 Category Canadian Fixed Income Balanced Return Average Risk Above Average General Information Code 41 Inception September 22 Assets ($Mil) 1.11 Management Company Volatility Analysis Investment Category Multi-Manager Low Moderate High Investment Objective This targets an annualized return higher than that of the combined benchmarks hereinafter, over four-year moving periods. 1% FTSE TMX Canada Short Term, 45% FTSE TMX Canada Universe, 11.25% S&P/TSX, 33.75% MSCI ACWI Net Investor Profile Moderate Profile This fund is composed of a portfolio of underlying funds that emphasizes the preservation of capital but also strives to enhance returns by including a relatively small growth component. It invests in a wide array of pooled funds, with a concentration in fixed income funds and a certain percentage in Canadian and foreign equity funds. Risk tolerance: Moderate Note The fund s target asset class allocation was modified on September 18, 215. Prior to this date, the target was 35% in equities and 65% in fixed income. The benchmark has been modified as of August 1st, 216. Performance Analysis as at 9-3-216 2 Growth of $1, & ( ) ( * ( * ( * ) & Quartile 18 16 14 12 1 8 26 27 28 29 21 211 212 213 214 215 YTD Calendar Year as at 9-3-216 1.1 2.4-9.7 11.6 8.3 3.2 7. 6.8 9.8 2.9 6.6 Return % 9.4 3.3-7.4 11.9 8.4 3.3 5.7 6.7 9.6 4.4 5.5 % Annualized Returns % 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 1 Yr 8.9 5.7 7.6 6.9 7.2 5.2 8.1 6.1 7.7 6.8 6.9 5.5 Disclosure The above data represents past performance returns, which is not indicative of future results. These are gross performance returns, calculated after the fund's operating expenses, but before investment fees. For more information, please contact Desjardins Insurance's Customer Contact Centre at 1-8-968-3587. Portfolio Analysis as at 9-3-216 Composition Top Five Countries Canada United States United Kingdom Japan Switzerland Top Ten Holdings Cash Fixed Income Canadian Equity International Equity Other Addenda Commercial Mortgages Pooled Canada Hsg Tr No 1 1.25% 15-6-221 Royal Bank of Canada Ontario Prov Cda 4.2% 2-6-22 The Toronto-Dominion Bank Ontario Prov Cda 4.65% 2-6-241 Ontario Prov Cda 2.1% 8-9-219 Fd Alphafixe Prêts Bancaires 23-5-221 NHA Mtge Backed Secs 1.35% 1-5-22 Canada Govt 1.5% 1-6-226 Total Number of Portfolio Holdings Total Number of Underlying Holdings Total Number of Stock Holdings Total Number of Bond Holdings 5.9 51.2 1.6 16.5 14.7 1.1 64.8 18.6 3.2 2.7 1.4.9.9.9.8.8.8.7.7.7 23 7,36 4,73 1,916 Target Composition Fixed Income s 55. Canadian Equity s 11.25 s 8. International Equity s 8. Global Equity s 1 Emerging Market Equity 1.75 Global Real Estate 1.75 Global Infrastructure 1.75 Top Five Global Equity Sectors Financials Industrial Consumer Discretionary Information Technology Consumer Staples Fixed Income Breakdown Government Bonds Corporate Bonds Other Bonds Mortgages/MBS ST Investments (Cash & Other) Asset Backed Securities % Equity 19.5 1.5 1.3 1.2 9.3 % Bond 44.1 39. 2. 4.6 1.3.1 214. Research Inc. All Rights Reserved. The information contained herein: (1) is proprietary to ; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. is not responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results. This fund is an investment product offered under an insurance contract issued by Desjardins Financial Security. Desjardins Insurance refers to Desjardins Financial Security Life Assurance Company. 4
Desjardins fin'l Multi-Management 45/55 Index : CAN Bal Cdn Con CAD Category : CdnFxInBal Release date : September 3 216 Performance History Growth of $1, (1-26 to 9-216) $16,648 18, 16, 14, 12, 1, 8, 6, 4, 2, 27 28 29 21 211 212 213 214 215 4 Year Risk/Return 1 Return (%) 5 s in Category -5 Return Low Return Low 5 1 Risk (%) Risk and Return Statistics 3Yr 4Yr 5Yr 7Yr 1Yr 15Yr Standard Deviation 4.52 4.18 3.93 3.83 5.8 -- Sharpe Ratio 1.5 1.44 1.6 1.48.75 -- Alpha -.82 -.25 -.16 -.2 -.63 -- Beta 1.4 1.38 1.38 1.3 1.36 -- R-Squared.9.9.89.86.91 -- Rating QQQ Style Box 4 Inception September 22 Similarity Analysis Prepared by Matthew Loscher Most Similar Score Most Dissimilar Score Holdings Based LL ClearPath 21 (Fidelity) 93 GWL Income 65 Fidelity Clearpath Inst 21 Port 93 QV Canadian Income 65 CI LifeCycle Income Portfolio 91 LL Canadian Income (Portico) 65 Performance Based IA Asset Allocation-Moderate 96 QV Canadian Income 51 Standard Life Retirement 93 LL Conservative Portfolio 74 Standard Life Income Index Portfo 93 LL Conservative Profile 75 Ratings Return Risk Rating 3 Year 6.62.21 QQQ 5 Year 6.2.16 QQQ 1 Year 3.49.28 QQ Performance Analysis Return Category Return Index Return Growth of Total Return % $1, YTD 6.6 5.9 5.3 1,658 1 Year 8.9 7.8 6.5 1,886 3 Year 7.6 7.6 6.2 12,456 4 Year 6.9 7. 5.4 13,48 5 Year 7.2 7.1 5.6 14,169 7 Year 6.5 6.6 5.3 15,546 1 Year 5.2 5.8 4.7 16,648 Since Inception 6.5 -- 6.8 24,34 Best/Worst Time Periods 3 Months Ret% 1 Year Ret% 3 Year Ret% Best 3-9/5-9 9.2 3-9/2-1 19.2 4-3/3-6 4.5 Worst 9-8/11-8 -11.5 3-8/2-9 -14.3 3-6/2-9 -5.6 Annualized Returns % Cat.Avg 3 2 1-1 1 Year 3 Year 4 Year 5 Year 7 Year 1 Year 15 Year Index & * ( ( * ) Calendar Year Return % Cat.Avg Index 2 1-1 -2 22 23 24 25 26 27 28 29 21 211 212 213 214 215 YTD & & & & ( ) ( * ( * ( * ) & Rolling Returns Best Median 2 1-1 -2 1 Year 3 Year 4 Year 5 Year 7 Year 1 Year 15 Year Worst 216 Research Inc. All rights reserved. 1 Toronto Street, Suite 5, PO Box 26, Toronto, ON, M5C 2W4. 416-489-774. is an independent provider of financial information. Although data are gathered from reliable sources, cannot guarantee completeness or accuracy. If used as supplemental sales literature, this report must be accompanied by the company s fund specific information, as well as a disclosure statement. 5
Printed on 1-28-216 Multi-Management 6/4 Category Canadian Neutral Balanced Return Low Risk Average General Information Code 42 Inception September 22 Assets ($Mil) 237.11 Management Company Volatility Analysis Investment Category Multi-Manager Low Moderate High Investment Objective This targets an annualized return higher than that of the combined benchmarks hereinafter, over four-year moving periods. 5% FTSE TMX Canada Short Term, 35% FTSE TMX Canada Universe, 15% S&P/TSX, 45% MSCI ACWI Net Investor Profile Balanced Profile This fund is composed of a portfolio of underlying funds that equally emphasizes the preservation of capital and long-term capital growth. It invests in a wide array of pooled funds, with a close balance between fixed income funds and Canadian and foreign equity funds. Risk tolerance: Moderate Note The fund s target asset class allocation was modified on September 18, 215. Prior to this date, the target was 5% in equities and 5% in fixed income. The benchmark has been modified as of August 1st, 216. Performance Analysis as at 9-3-216 2 Growth of $1, * ( ( * ( * ( ) ( ( * Quartile 18 16 14 12 1 8 26 27 28 29 21 211 212 213 214 215 YTD Calendar Year as at 9-3-216 12.4 2. -16.7 17.9 1..6 8.1 1.4 1.2 2.8 7.6 Return % 11.7 2. -13.6 15.5 9.6 1.4 6.8 1.1 1.2 4.7 5.8 % Annualized Returns % 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 1 Yr 1.3 6.1 8.5 8.2 8.5 5.6 9. 6.3 8.5 8.1 8.2 5.6 Disclosure The above data represents past performance returns, which is not indicative of future results. These are gross performance returns, calculated after the fund's operating expenses, but before investment fees. For more information, please contact Desjardins Insurance's Customer Contact Centre at 1-8-968-3587. Portfolio Analysis as at 9-3-216 Composition Top Five Countries Canada United States United Kingdom Japan Switzerland Top Ten Holdings Cash Fixed Income Canadian Equity International Equity Other Addenda Commercial Mortgages Pooled Royal Bank of Canada The Toronto-Dominion Bank Bank of Nova Scotia Fd Alphafixe Prêts Bancaires 23-5-221 Canada Hsg Tr No 1 1.25% 15-6-221 Ontario Prov Cda 4.65% 2-6-241 Ontario Prov Cda 4.2% 2-6-22 Ontario Prov Cda 2.1% 8-9-219 Rogers Communications Inc Class B Total Number of Portfolio Holdings Total Number of Underlying Holdings Total Number of Stock Holdings Total Number of Bond Holdings 5.8 37.3 14.2 22.1 19.6 1. 54.1 24.2 4.1 3.6 1.8 1.3 1. 1..8.7.7.6.6.5.5 24 7,91 4,756 1,916 Target Composition Fixed Income s 4. Canadian Equity s 15. s 11.5 International Equity s 11.5 Global Equity s 15.25 Emerging Market Equity 2.25 Global Real Estate 2.25 Global Infrastructure 2.25 Top Five Global Equity Sectors Financials Information Technology Industrial Consumer Discretionary Consumer Staples Fixed Income Breakdown Government Bonds Corporate Bonds Other Bonds Mortgages/MBS ST Investments (Cash & Other) Asset Backed Securities % Equity 18.5 11. 1.7 1.7 9. % Bond 43.3 38.2 1.9 3.2 13.3.1 214. Research Inc. All Rights Reserved. The information contained herein: (1) is proprietary to ; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. is not responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results. This fund is an investment product offered under an insurance contract issued by Desjardins Financial Security. Desjardins Insurance refers to Desjardins Financial Security Life Assurance Company. 6
Desjardins fin'l Multi-Management 6/4 Index : CAN Bal 5/5 CAD Category : CdnNtrlBal Release date : September 3 216 Performance History Growth of $1, (1-26 to 9-216) $17,233 18, 16, 14, 12, 1, 8, 6, 4, 2, 27 28 29 21 211 212 213 214 215 4 Year Risk/Return 15 Return (%) 1 5 s in Category Return Low Return Low 5 1 Risk (%) Risk and Return Statistics 3Yr 4Yr 5Yr 7Yr 1Yr 15Yr Standard Deviation 5.33 4.87 4.78 4.95 6.8 -- Sharpe Ratio 1.44 1.49 1.58 1.32.62 -- Alpha 1.93 2.76 2.85 2.18.63 -- Beta.99.95.95.89.94 -- R-Squared.73.74.76.74.8 -- Rating Q Style Box 4 Inception September 22 Similarity Analysis Prepared by Matthew Loscher Most Similar Score Most Dissimilar Score Holdings Based LL Balanced (Greystone) 9 Manulife Jarislowsky Fraser Balan 13 Greystone Balanced 9 Toron AMI Balanced Pooled 54 Manulife Greystone Balanced 9 Lincluden Income Plus Pooled 61 Performance Based LL Balanced Continuum 97 Lincluden Income Plus Pooled 64 Manulife Balanced Asset Allocatio 97 QV Canadian Balanced 66 LL Balanced Index (TDAM) 96 CI Signature Canadian Balanced Po 81 Ratings Return Risk Rating 3 Year 7.45.29 QQ 5 Year 7.42.24 Q 1 Year 3.62.51 Q Performance Analysis Return Category Return Index Return Growth of Total Return % $1, YTD 7.6 6.1 9.7 1,758 1 Year 1.3 9. 9.3 11,27 3 Year 8.5 9.3 6.5 12,777 4 Year 8.2 9.8 5.5 13,699 5 Year 8.5 9.9 5.7 15,54 7 Year 7.4 8.3 5.7 16,473 1 Year 5.6 6.5 5.2 17,233 Since Inception 6.9 -- 7.9 25,383 Best/Worst Time Periods 3 Months Ret% 1 Year Ret% 3 Year Ret% Best 3-9/5-9 13. 3-9/2-1 27.1 4-3/3-6 47.4 Worst 9-8/11-8 -17.1 3-8/2-9 -21. 3-6/2-9 -13.1 Annualized Returns % Cat.Avg 3 2 1-1 1 Year 3 Year 4 Year 5 Year 7 Year 1 Year 15 Year Index & ) ) ) ) ) Calendar Year Return % Cat.Avg Index 2 1-1 -2 22 23 24 25 26 27 28 29 21 211 212 213 214 215 YTD ) ( ( * ( ( * ( * ( ) ( ( * Rolling Returns Best Median 4 2-2 -4 1 Year 3 Year 4 Year 5 Year 7 Year 1 Year 15 Year Worst 216 Research Inc. All rights reserved. 1 Toronto Street, Suite 5, PO Box 26, Toronto, ON, M5C 2W4. 416-489-774. is an independent provider of financial information. Although data are gathered from reliable sources, cannot guarantee completeness or accuracy. If used as supplemental sales literature, this report must be accompanied by the company s fund specific information, as well as a disclosure statement. 7
Printed on 1-28-216 Multi-Management 75/25 Category Canadian Equity Balanced Return Average Risk Average General Information Code 43 Inception September 22 Assets ($Mil) 226.77 Management Company Volatility Analysis Category Investment Multi-Manager Low Moderate High Investment Objective This targets an annualized return higher than that of the combined benchmarks hereinafter, over four-year moving periods. 25% FTSE TMX Canada Universe, 18.75% S&P/TSX, 56.25% MSCI ACWI Net Investor Profile Growth Profile This fund is composed of a portfolio of underlying funds that emphasizes capital growth over the long-term while maintaining a certain degree of stability. It invests in a wide array of pooled funds, with a concentration in Canadian and foreign equity funds and a certain percentage in fixed income funds. Risk tolerance: High Note The fund s target asset class allocation was modified on September 18, 215. Prior to this date, the target was 65% in equities and 35% in fixed income. The benchmark has been modified as of August 1st, 216. Performance Analysis as at 9-3-216 2 Growth of $1, ( * ) * * ( ( ) * ( * Quartile 18 16 14 12 1 8 26 27 28 29 21 211 212 213 214 215 YTD Calendar Year as at 9-3-216 13.3 2.3-2.6 23.3 11.4-3.4 9.2 14.3 11.2 3.2 8.3 Return % 13.6 1.6-19.5 2.2 11. -1. 7.8 13.7 1.7 5. 6.2 % Annualized Returns % 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 1 Yr 11.6 6.7 9.7 9.7 1. 6.1 1. 6.6 9.3 9.3 9.4 5.8 Disclosure The above data represents past performance returns, which is not indicative of future results. These are gross performance returns, calculated after the fund's operating expenses, but before investment fees. For more information, please contact Desjardins Insurance's Customer Contact Centre at 1-8-968-3587. Portfolio Analysis as at 9-3-216 Composition Top Five Countries Canada United States United Kingdom Japan Switzerland Top Ten Holdings Cash Fixed Income Canadian Equity International Equity Other Royal Bank of Canada The Toronto-Dominion Bank Bank of Nova Scotia Fd Alphafixe Prêts Bancaires 23-5-221 Apple Inc Johnson & Johnson Rogers Communications Inc Class B Canadian Natural Resources Ltd Enbridge Inc Canadian National Railway Co Total Number of Portfolio Holdings Total Number of Underlying Holdings Total Number of Stock Holdings Total Number of Bond Holdings 5.5 23.6 17.8 27.6 24.6 1. 43.8 29.6 4.9 4.4 2.2 1.2 1.1.9.7.6.6.6.6.6.5 22 7,46 4,756 1,876 Target Composition Fixed Income s 25. Canadian Equity s 18.75 s 15. International Equity s 15. Global Equity s 18. Emerging Market Equity 2.75 Global Real Estate 2.75 Global Infrastructure 2.75 Top Five Global Equity Sectors Financials Information Technology Consumer Discretionary Industrial Energy Fixed Income Breakdown Government Bonds Corporate Bonds Other Bonds Mortgages/MBS ST Investments (Cash & Other) Asset Backed Securities % Equity 18. 11.4 11. 1.9 9.1 % Bond 43. 35.9 1.7.4 18.8.1 214. Research Inc. All Rights Reserved. The information contained herein: (1) is proprietary to ; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. is not responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results. This fund is an investment product offered under an insurance contract issued by Desjardins Financial Security. Desjardins Insurance refers to Desjardins Financial Security Life Assurance Company. 8
Desjardins fin'l Multi-Management 75/25 Index : CAN Bal Cdn Agg CAD Category : CdnEqBal Release date : September 3 216 Performance History Growth of $1, (1-26 to 9-216) $18,143 3, 25, 2, 15, 1, 5, 27 28 29 21 211 212 213 214 215 4 Year Risk/Return 15 Return (%) 1 5 s in Category Return Low Return Low 5 1 Risk (%) Risk and Return Statistics 3Yr 4Yr 5Yr 7Yr 1Yr 15Yr Standard Deviation 6.24 5.67 5.83 6.3 8.3 -- Sharpe Ratio 1.41 1.54 1.53 1.16.59 -- Alpha -.7.25.27.14.17 -- Beta 1.9 1.7 1.8 1.6 1.6 -- R-Squared.95.95.95.95.97 -- Rating QQQ Style Box 4 Inception September 22 Similarity Analysis Prepared by Matthew Loscher Most Similar Score Most Dissimilar Score Holdings Based Desjardins fin'l Multi-Management 91 Desjardins Fin'l Fiera Balanced D 5 IA Asset Allocation-Aggressive Gr 84 Mackenzie Canadian Bal All Cap Va 55 IA Balanced (Jarislowsky) 83 LL Equity/Bond (GWLIM) 64 Performance Based Beutel Goodman Balanced 96 Manulife MMF Monthly High Income 64 Desjardins Fin'l Beutel Goodman B 95 Manulife CI Harbour Growth & Inco 69 Standard Life Balanced (Beutel G. 95 Franklin Bissett Dividend Income 7 Ratings Return Risk Rating 3 Year 8.49.4 QQQ 5 Year 8.72.36 QQQ 1 Year 3.91.76 QQ Performance Analysis Return Category Return Index Return Growth of Total Return % $1, YTD 8.3 8.1 7.8 1,831 1 Year 11.6 11.1 1. 11,158 3 Year 9.7 9.7 9. 13,193 4 Year 9.7 1.4 8.9 14,54 5 Year 1. 1.5 9. 16,74 7 Year 8.1 8.6 7.6 17,285 1 Year 6.1 6.7 5.7 18,143 Since Inception 7.8 -- 8.2 28,652 Best/Worst Time Periods 3 Months Ret% 1 Year Ret% 3 Year Ret% Best 3-9/5-9 15.9 3-9/2-1 32.6 4-3/3-6 6.5 Worst 9-8/11-8 -2.3 3-8/2-9 -24.3 3-6/2-9 -16.8 Annualized Returns % Cat.Avg 3 2 1-1 1 Year 3 Year 4 Year 5 Year 7 Year 1 Year 15 Year Index * * ( ( ( ) Calendar Year Return % Cat.Avg Index 4 2-2 -4 22 23 24 25 26 27 28 29 21 211 212 213 214 215 YTD ) * * ( * ) * * ( ( ) * ( * Rolling Returns Best Median 4 2-2 -4 1 Year 3 Year 4 Year 5 Year 7 Year 1 Year 15 Year Worst 216 Research Inc. All rights reserved. 1 Toronto Street, Suite 5, PO Box 26, Toronto, ON, M5C 2W4. 416-489-774. is an independent provider of financial information. Although data are gathered from reliable sources, cannot guarantee completeness or accuracy. If used as supplemental sales literature, this report must be accompanied by the company s fund specific information, as well as a disclosure statement. 9
Printed on 1-28-216 Multi-Management 9/1 Category Canadian Equity Balanced Return Average Risk High General Information Code 44 Inception September 22 Assets ($Mil) 237.11 Management Company Volatility Analysis Category Investment Multi-Manager Low Moderate High Investment Objective This targets an annualized return higher than that of the combined benchmarks hereinafter, over four-year moving periods. 1% FTSE TMX Canada Universe, 2% S&P/TSX, 67.5% MSCI ACWI Net Investor Profile Speculative Profile This fund is composed of a portfolio of underlying funds that emphasizes strong capital growth over the longterm. It invests in a wide array of pooled funds, with a strong concentration in Canadian and foreign equity funds and a small percentage in fixed income funds. Risk tolerance: Very high Note The fund s target asset class allocation was modified on September 18, 215. Prior to this date, the target was 8% in equities and 2% in fixed income. The benchmark has been modified as of August 1st, 216. Performance Analysis as at 9-3-216 25 Growth of $1, & * ) & & ) ( & * ( * Quartile 22 19 16 13 1 7 26 27 28 29 21 211 212 213 214 215 YTD Calendar Year as at 9-3-216 15.1 1.7-26.3 28.1 12.9-5.4 1. 18.8 11.7 3.1 8.9 Return % 16..3-25.2 23.8 12.3-3.3 8.7 17.4 11.2 5.2 6.4 % Annualized Returns % 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 1 Yr 12.7 6.9 1.5 11.1 11.3 6.3 1.7 6.7 1.1 1.5 1.5 5.8 Disclosure The above data represents past performance returns, which is not indicative of future results. These are gross performance returns, calculated after the fund's operating expenses, but before investment fees. For more information, please contact Desjardins Insurance's Customer Contact Centre at 1-8-968-3587. Portfolio Analysis as at 9-3-216 Composition Top Five Countries Canada United States United Kingdom Japan Switzerland Top Ten Holdings Royal Bank of Canada The Toronto-Dominion Bank Bank of Nova Scotia Apple Inc Enbridge Inc Johnson & Johnson Canadian Natural Resources Ltd Canadian National Railway Co Tencent Holdings Ltd Microsoft Corp Total Number of Portfolio Holdings Total Number of Underlying Holdings Total Number of Stock Holdings Total Number of Bond Holdings Cash Fixed Income Canadian Equity International Equity Other 5. 1.5 21.4 33. 29.4.7 35.1 34.3 5.5 5.2 2.6 1.4 1.3 1..8.7.7.6.6.6.5 19 6,834 4,755 1,693 Target Composition Fixed Income s 1. Canadian Equity s 2 s 18.5 International Equity s 18.5 Global Equity s Emerging Market Equity 3.5 Global Real Estate 3.25 Global Infrastructure 3.25 Top Five Global Equity Sectors Financials Information Technology Consumer Discretionary Industrial Energy Fixed Income Breakdown Government Bonds Corporate Bonds Other Bonds Mortgages/MBS ST Investments (Cash & Other) Asset Backed Securities % Equity 17.6 11.8 11.2 11. 9.3 % Bond 34.3 31.2 1.6.5 32.2.1 214. Research Inc. All Rights Reserved. The information contained herein: (1) is proprietary to ; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. is not responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results. This fund is an investment product offered under an insurance contract issued by Desjardins Financial Security. Desjardins Insurance refers to Desjardins Financial Security Life Assurance Company. 1
Desjardins fin'l Multi-Management 9/1 Index : CAN Bal Cdn Agg CAD Category : CdnEqBal Release date : September 3 216 Performance History Growth of $1, (1-26 to 9-216) $18,49 3, 25, 2, 15, 1, 5, 27 28 29 21 211 212 213 214 215 4 Year Risk/Return 15 Return (%) 1 5 s in Category Return Low Return Low 5 1 Risk (%) Risk and Return Statistics 3Yr 4Yr 5Yr 7Yr 1Yr 15Yr Standard Deviation 7.17 6.54 6.85 7.67 1.34 -- Sharpe Ratio 1.34 1.54 1.49 1.6.51 -- Alpha -.54.29.5 -.46 -.55 -- Beta 1.25 1.23 1.26 1.28 1.31 -- R-Squared.94.94.95.93.95 -- Rating QQ Style Box 4 Inception September 22 Similarity Analysis Prepared by Matthew Loscher Most Similar Score Most Dissimilar Score Holdings Based Desjardins fin'l Multi-Management 91 Mackenzie Canadian Bal All Cap Va 45 IA Asset Allocation-Aggressive Gr 81 Desjardins Fin'l Fiera Balanced D 46 IA Asset Allocation-Growth 76 LL Equity/Bond (GWLIM) 54 Performance Based IA Asset Allocation-Aggressive Gr 95 Manulife MMF Monthly High Income 6 Desjardins fin'l Multi-Management 93 Manulife CI Harbour Growth & Inco 66 Beutel Goodman Balanced 9 Franklin Bissett Dividend Income 69 Ratings Return Risk Rating 3 Year 9.18.54 QQQQ 5 Year 9.89.5 QQQ 1 Year 3.67 1.2 Q Performance Analysis Return Category Return Index Return Growth of Total Return % $1, YTD 8.9 8.1 7.8 1,887 1 Year 12.7 11.1 1. 11,268 3 Year 1.5 9.7 9. 13,493 4 Year 11.1 1.4 8.9 15,24 5 Year 11.3 1.5 9. 17,65 7 Year 9. 8.6 7.6 18,233 1 Year 6.3 6.7 5.7 18,49 Since Inception 8.4 -- 8.2 31,8 Best/Worst Time Periods 3 Months Ret% 1 Year Ret% 3 Year Ret% Best 3-9/5-9 19.2 3-9/2-1 39.6 4-3/3-6 7.7 Worst 9-8/11-8 -26.1 3-8/2-9 -3. 3-6/2-9 -23.6 Annualized Returns % Cat.Avg 3 2 1-1 1 Year 3 Year 4 Year 5 Year 7 Year 1 Year 15 Year Index & & * * * ( Calendar Year Return % Cat.Avg Index 4 2-2 -4 22 23 24 25 26 27 28 29 21 211 212 213 214 215 YTD & * & & * ) & & ) ( & * ( * Rolling Returns Best Median 4 2-2 -4 1 Year 3 Year 4 Year 5 Year 7 Year 1 Year 15 Year Worst 216 Research Inc. All rights reserved. 1 Toronto Street, Suite 5, PO Box 26, Toronto, ON, M5C 2W4. 416-489-774. is an independent provider of financial information. Although data are gathered from reliable sources, cannot guarantee completeness or accuracy. If used as supplemental sales literature, this report must be accompanied by the company s fund specific information, as well as a disclosure statement. 11
Printed on 1-28-216 Beutel Goodman Income Category Canadian Fixed Income Return Low Risk Low General Information Code 279 Inception June 29 Underlying Inception January 1991 Assets ($Mil) 74.4 Underlying Assets ($Mil) 853.76 Management Company Beutel, Goodman & Company Ltd. Performance Analysis as at 9-3-216 2 Growth of $1, 18 16 Underlying 14 12 1 8 Volatility Analysis Investment Category Low Moderate High Investment Objective The targets an annualized return higher than the FTSE TMX Canada Universe Index, over four-year moving periods. FTSE TMX Canada Universe ) ) ) ) ) ) * Quartile 26 27 28 29 21 211 212 213 214 215 YTD Calendar Year as at 9-3-216 4.3 4.4 7.9 8.8 6.8 8. 3. -1.5 6.2 1.9 5.8 Return % 4.1 3.7 6.4 5.4 6.7 9.7 3.6-1.2 8.8 3.5 5.3 % Annualized Returns % 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 1 Yr 6.7 4.6 4.7 3.1 3.4 5.2 6.3 5.8 6. 4.1 4.4 5.2 Disclosure The above data represents past performance returns, which is not indicative of future results. These are gross performance returns, calculated after the fund's operating expenses, but before investment fees. For more information, please contact Desjardins Insurance's Customer Contact Centre at 1-8-968-3587. Investment Strategy The investments are actively managed in order to provide a high rate of income return by investing in a diversified portfolio of fixed-income securities of Canadian government and corporate issuers. The strategy seeks to add value through management of duration, yield curve and credit risk. Credit exposure is gained through the use of high grade corporate bonds. Emphasis is placed on the corporate security's liquidity, transparency and consistent cash flow generation through the economic cycle. Portfolio Analysis as at 9-3-216 Composition Cash -.3 Fixed Income 1.3 Canadian Equity.. International Equity. Other. Top Ten Holdings Canada Govt 3.5% 1-12-245 4.2 Ontario Prov Cda 2.9% 2-12-246 3.6 Canada Hsg Tr No 1 1.95% 15-6-219 3.3 Ontario Prov Cda 3.5% 2-6-224 2.6 Ontario Prov Cda 2.85% 2-6-223 2.6 Ontario Prov Cda 2.8% 2-6-248 Canada Hsg Tr No 1 1.25% 15-6-221 Ontario Prov Cda 2.6% 2-6-225 2.4 Ontario Prov Cda 4.2% 2-6-22 2.4 Canada Hsg Tr No 1 4.1% 15-12-218 2.3 Total Number of Portfolio Holdings 2 Total Number of Underlying Holdings 173 Total Number of Stock Holdings Total Number of Bond Holdings 167 Fixed Income Style Credit Quality % High 76.5 Medium 26.2 Low. NR/NA -3.1 Ltd Mod Ext Top Five Countries Canada 99.8 United States.2 Fixed Income Breakdown % Bond Government Bonds 51.1 Corporate Bonds 49.2 Other Bonds. Mortgages/MBS. ST Investments (Cash & Other) -.3 Asset Backed Securities. High Med Low 214. Research Inc. All Rights Reserved. The information contained herein: (1) is proprietary to ; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. is not responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results. This fund is an investment product offered under an insurance contract issued by Desjardins Financial Security. Desjardins Insurance refers to Desjardins Financial Security Life Assurance Company. 12
Desjardins Fin'l Beutel Goodman Income Index : Citi Canadian GBI CAD Category : CdnFixInc Release date : September 3 216 Performance History Growth of $1, (6-29 to 9-216) $13,774 16, 14, 12, 1, 8, 6, 4, 2, 21 211 212 213 214 215 Rating Q Style Box Inception June 29 Similarity Analysis Prepared by Matthew Loscher Most Similar Score Most Dissimilar Score Holdings Based Standard Life Fixed Income (Beute 98 LL Mortgage (Portico) 33 Beutel Goodman Income 98 PIMCO Canada Cdn CorePLUS Bond Tr 65 LL Canadian Bd Universe Index (Po 98 IA Core Plus Bond (PIMCO) 68 Performance Based Standard Life Fixed Income (Beute 1 LL Mortgage (Portico) 55 LL Bond (Beutel Goodman) 1 MAM Mid-Term Liability Gov Bond P 69 Beutel Goodman Income 1 CC&L Universe Bond Alpha Plus 73 4 Year Risk/Return 15 1 s in Category Ratings Return Risk Rating 3 Year 3.88.8 Q 5 Year 4.8 Q 1 Year -- Return (%) 5-5 Return Low Return Low 5 1 15 Risk (%) Risk and Return Statistics 3Yr 4Yr 5Yr 7Yr 1Yr 15Yr Standard Deviation 2.97 2.94 2.8 2.89 Sharpe Ratio 1.35.8.94 1.19 Alpha.87.55.8.89 Beta.75.76.74.74 R-Squared.79.82.81.83 Performance Analysis Return Category Return Index Return Growth of Total Return % $1, YTD 5.8 5.7 3.7 1,575 1 Year 6.7 6.7 4.4 1,67 3 Year 4.7 6.2 4.9 11,48 4 Year 3.1 4.4 3.1 11,298 5 Year 3.4 4.7 3.2 11,841 7 Year 4.2 5.4 4.2 13,346 1 Year -- 5.4 4.5 -- Since Inception 4.5 -- 7.9 13,774 Best/Worst Time Periods 3 Months Ret% 1 Year Ret% 3 Year Ret% Best 11-14/1-15 4.7 2-11/1-12 8.9 7-9/6-12 2.6 Worst 5-13/7-13 -2.6 1-12/9-13 -1.6 12-12/11-15 5.5 Annualized Returns % Cat.Avg 3 2 1-1 1 Year 3 Year 4 Year 5 Year 7 Year 1 Year 15 Year Index * ) ) ) ) Calendar Year Return % Cat.Avg Index 2 1-1 -2 22 23 24 25 26 27 28 29 21 211 212 213 214 215 YTD ) ) ) ) ) ) * Rolling Returns Best Median 2 1-1 -2 1 Year 3 Year 4 Year 5 Year 7 Year 1 Year 15 Year Worst 216 Research Inc. All rights reserved. 1 Toronto Street, Suite 5, PO Box 26, Toronto, ON, M5C 2W4. 416-489-774. is an independent provider of financial information. Although data are gathered from reliable sources, cannot guarantee completeness or accuracy. If used as supplemental sales literature, this report must be accompanied by the company s fund specific information, as well as a disclosure statement. 13
Printed on 1-28-216 Trimark Income Growth Category Canadian Equity Balanced Return Above Average Risk Average General Information Code 229 Inception February 1997 Underlying Inception September 1987 Assets ($Mil) 21.39 Underlying Assets ($Mil) 295.5 Management Company Invesco Canada Ltd. Performance Analysis as at 9-3-216 25 Growth of $1, 22 19 16 13 1 7 Volatility Analysis Category Investment Low Moderate High Investment Objective The targets an annualized return higher than the benchmark indices below, over four-year moving periods. 35% S&P/TSX, 35% FTSE TMX Canada Universe, 25% MSCI World Net, 5% FTSE TMX Canada 91-day Treasury Bills Investment Strategy The investments are actively managed in order to provide a long-term capital appreciation and regular income stream by investing in a diversified portfolio of Canadian and foreign companies and fixed-income securities including government and corporate bonds. Equity security selection favours companies whose competitive advantages provide opportunities for long-term growth, and that are believed to be undervalued in relation to their intrinsic value. Fixed-income security selection places emphasis on rigorous credit analysis to identify bonds trading at attractive prices. The Manager also study long-term trends in interest rates and yield curve positioning for the portfolio. Note Invesco is a registered business name of Invesco Canada Ltd. Invesco and all associated trademarks are trademarks of Invesco Holding Company Limited, used under licence. Trimark and all associated trademarks are trademarks of Invesco Canada Ltd. Invesco Canada Ltd., 212 & ) * ( ) * & & ( * * Quartile 26 27 28 29 21 211 212 213 214 215 YTD Calendar Year as at 9-3-216 14.7-6.6-14.9 19.7 8.5-1.2 11.3 23. 1.2 3.6 8.3 Return % 12. 3.3-16.8 16.6 1.2 -.5 7.2 12.3 1.5 2.8 7.3 % Annualized Returns % 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 1 Yr 11.8 6.6 1. 11.8 12.1 6.5 9.6 5.9 8.7 8.6 8.7 5.5 Disclosure The above data represents past performance returns, which is not indicative of future results. These are gross performance returns, calculated after the fund's operating expenses, but before investment fees. For more information, please contact Desjardins Insurance's Customer Contact Centre at 1-8-968-3587. Portfolio Analysis as at 9-3-216 Composition Top Five Countries Canada United States United Kingdom Top Ten Holdings Cash Fixed Income Canadian Equity International Equity Other Brookfield Asset Management Inc Class A The Toronto-Dominion Bank Scotiabank Onex Corp Bank of America Corporation Oaktree Capital Group LLC Berkshire Hathaway Inc B Canadian Natural Resources Ltd CarMax Inc Zimmer Biomet Holdings Inc Total Number of Portfolio Holdings Total Number of Underlying Holdings Total Number of Stock Holdings Total Number of Bond Holdings 7.2 23. 4.5 27.7 1.6. 69.9 28.6 1.6 5.3 3.5 3.3 3.2 2.9 2.8 2.6 2.6 2 134 32 84 Equity Style Value Blend Growth Global Equity Sectors Large Mid Small Fixed Income Style Ltd Mod Ext High Med Low % Equity Utilities. Energy 14.6 Financialsx 41.3 Materials 2.8 Consumer Discretionary 3.6 Consumer Staples. Telecommunication Services. Industrials 11.8 Health Care 7.9 Information Technology 1.8 Real Estate Unclassified 4.7 Fixed Income Breakdown Government Bonds Corporate Bonds Other Bonds Mortgages/MBS ST Investments (Cash & Other) Asset Backed Securities % Bond 28.2 47.4.8. 23.6. 214. Research Inc. All Rights Reserved. The information contained herein: (1) is proprietary to ; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. is not responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results. This fund is an investment product offered under an insurance contract issued by Desjardins Financial Security. Desjardins Insurance refers to Desjardins Financial Security Life Assurance Company. 14
Desjardins Fin'l Trimark Income Growth Index : CAN Bal Cdn Agg CAD Category : CdnEqBal Release date : September 3 216 Performance History Growth of $1, (1-26 to 9-216) $18,718 3, 25, 2, 15, 1, 5, 27 28 29 21 211 212 213 214 215 4 Year Risk/Return 15 Return (%) 1 5 s in Category Return Low Return Low 5 1 Risk (%) Risk and Return Statistics 3Yr 4Yr 5Yr 7Yr 1Yr 15Yr Standard Deviation 6.34 6.7 6.13 6.91 8.29 7.51 Sharpe Ratio 1.44 1.75 1.77 1.22.62.81 Alpha 1.22 2.83 3.9 1.48.98 1.89 Beta.97.98.97 1.3.95.86 R-Squared.73.7.69.74.78.74 Rating QQQQ Style Box 4 Inception February 1997 Similarity Analysis Prepared by Matthew Loscher Most Similar Score Most Dissimilar Score Holdings Based LL Income Growth (Trimark) 1 Desjardins Fin'l Fiera Balanced D 63 Manulife Trimark Income Growth 1 Desjardins fin'l Multi-Management 66 Trimark Select Balanced 94 Mackenzie Canadian Bal All Cap Va 72 Performance Based Manulife Trimark Income Growth 1 Manulife MMF Monthly High Income 57 LL Income Growth (Trimark) 1 Manulife CI Harbour Growth & Inco 6 IA Asset Allocation-Aggressive Gr 9 IA Fidelity Canadian Asset Alloca 66 Ratings Return Risk Rating 3 Year 8.83.41 QQQ 5 Year 1.77.4 QQQQQ 1 Year 4.25.74 QQQ Performance Analysis Return Category Return Index Return Growth of Total Return % $1, YTD 8.3 8.1 7.8 1,828 1 Year 11.8 11.1 1. 11,181 3 Year 1. 9.7 9. 13,321 4 Year 11.8 1.4 8.9 15,615 5 Year 12.1 1.5 9. 17,676 7 Year 9.3 8.6 7.6 18,636 1 Year 6.5 6.7 5.7 18,718 Since Inception 7.9 -- 8.2 44,726 Best/Worst Time Periods 3 Months Ret% 1 Year Ret% 3 Year Ret% Best 3-9/5-9 14.6 3-9/2-1 3.4 3-99/2-2 59.5 Worst 9-8/11-8 -16.5 3-8/2-9 -19.4 3-6/2-9 -15.9 Annualized Returns % Cat.Avg 3 2 1-1 1 Year 3 Year 4 Year 5 Year 7 Year 1 Year 15 Year Index * * & & & ( & Calendar Year Return % Cat.Avg Index 4 2-2 -4 22 23 24 25 26 27 28 29 21 211 212 213 214 215 YTD & ( & ) & ) * ( ) * & & ( * * Rolling Returns Best Median 4 2-2 -4 1 Year 3 Year 4 Year 5 Year 7 Year 1 Year 15 Year Worst 216 Research Inc. All rights reserved. 1 Toronto Street, Suite 5, PO Box 26, Toronto, ON, M5C 2W4. 416-489-774. is an independent provider of financial information. Although data are gathered from reliable sources, cannot guarantee completeness or accuracy. If used as supplemental sales literature, this report must be accompanied by the company s fund specific information, as well as a disclosure statement. 15
Printed on 1-28-216 Jarislowsky Fraser Balanced Category Canadian Equity Balanced Return N/A Risk N/A General Information Code 21 Inception February 22 Underlying Inception April 1997 Assets ($Mil) 192.12 Underlying Assets ($Mil) 1987.8 Management Company Jarislowsky Fraser Ltd Performance Analysis as at 9-3-216 25 Growth of $1, 22 19 16 13 1 7 Volatility Analysis Investment Low Moderate High Category Investment Objective The targets an annualized return higher than the combined benchmark indices below, over four-year moving periods. 3% S&P/TSX, 1% S&P 5, 1% MSCI EAFE Net, 39% FTSE TMX Canada Universe, 6% FTSE TMX Canada 91-day Treasury Bills Quartile 26 27 28 29 21 211 212 213 214 215 YTD Calendar Year as at 9-3-216 11.7.1-12.2 14.7 7.1 2. 1.7 18.6 11.9 8.1 4.5 Return % 11.6 2.6-14.6 15. 9.5.5 7.2 11.8 1. 3.7 6.6 % Annualized Returns % 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 1 Yr 9.1 8. 1.8 11.4 11.6 6.9 9.1 6. 8.6 8.4 8.5 5.6 Disclosure The above data represents past performance returns, which is not indicative of future results. These are gross performance returns, calculated after the fund's operating expenses, but before investment fees. For more information, please contact Desjardins Insurance's Customer Contact Centre at 1-8-968-3587. Investment Strategy Portfolio Analysis as at 9-3-216 The investments are actively managed in order to add value through long-term asset mix positioning rather than short term trading by investing in a diversified portfolio consisting of fixed income securities and Canadian and foreign stocks. The s equity style emphasizes buying long-term growth at a reasonable price. Fixed-income securities generate regular income reflecting the objective of capital preservation. Composition Cash Fixed Income Canadian Equity International Equity Other 6.3 3.7 27. 17.5 15.4 3.1 Equity Style Value Blend Growth Large Mid Small Fixed Income Style Ltd Mod Ext High Med Low Note This benchmark is applicable since January 1st, 27 Top Five Countries Canada United States United Kingdom Japan France Top Ten Holdings Jarislowsky Special Equity The Toronto-Dominion Bank Royal Bank of Canada Bank of Nova Scotia Canadian National Railway Co Enbridge Inc Canada Govt 3.5% 1-12-245 Canadian Natural Resources Ltd Open Text Corp Canada Govt 1.25% 1-12-247 Total Number of Portfolio Holdings Total Number of Underlying Holdings Total Number of Stock Holdings Total Number of Bond Holdings 63.6 19.6 4.6 2.6 2.6 2.4 2. 1.9 1.4 1.4 1.4 1.3 1.1 1.1 2 245 127 99 Global Equity Sectors % Equity Utilities.3 Energy 14.7 Financialsx 25.6 Materials 4.2 Consumer Discretionary 6.8 Consumer Staples 14.8 Telecommunication Services 1.5 Industrials 1.7 Health Care 9.5 Information Technology 11.9 Real Estate. Unclassified. Fixed Income Breakdown Government Bonds Corporate Bonds Other Bonds Mortgages/MBS ST Investments (Cash & Other) Asset Backed Securities % Bond 29.9 53... 17.1. 214. Research Inc. All Rights Reserved. The information contained herein: (1) is proprietary to ; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. is not responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results. This fund is an investment product offered under an insurance contract issued by Desjardins Financial Security. Desjardins Insurance refers to Desjardins Financial Security Life Assurance Company. 16
Desjardins Fin'l JF Balanced Index : CAN Bal Cdn Agg CAD Category : CdnEqBal Release date : September 3 216 Performance History Growth of $1, (1-26 to 9-216) $19,575 3, 25, 2, 15, 1, 5, 27 28 29 21 211 212 213 214 215 4 Year Risk/Return 15 Return (%) 1 5 s in Category Return Low Return Low 5 1 Risk (%) Risk and Return Statistics 3Yr 4Yr 5Yr 7Yr 1Yr 15Yr Standard Deviation 5.89 5.39 5.12 5.27 6.53 -- Sharpe Ratio 1.66 1.91 2.2 1.56.84 -- Alpha 1.98 2.83 3.42 2.69 1.97 -- Beta.96.94.86.82.8 -- R-Squared.83.81.79.81.88 -- Rating QQQQ Style Box Inception February 22 Similarity Analysis Prepared by Matthew Loscher Most Similar Score Most Dissimilar Score Holdings Based Performance Based Ratings Return Risk Rating 3 Year 9.64.36 QQQQ 5 Year 1.38.28 QQQQ 1 Year 5..47 QQQQ Performance Analysis Return Category Return Index Return Growth of Total Return % $1, YTD 4.5 8.1 7.8 1,452 1 Year 9.1 11.1 1. 1,913 3 Year 1.8 9.7 9. 13,598 4 Year 11.4 1.4 8.9 15,428 5 Year 11.6 1.5 9. 17,274 7 Year 9.2 8.6 7.6 18,495 1 Year 6.9 6.7 5.7 19,575 Since Inception 7.1 -- 8.2 27,364 Best/Worst Time Periods 3 Months Ret% 1 Year Ret% 3 Year Ret% Best 3-9/5-9 11. 3-9/2-1 2 6-12/5-15 5 Worst 9-8/11-8 -12.9 3-8/2-9 -15.1 3-6/2-9 -9.1 Annualized Returns % Cat.Avg 3 2 1-1 1 Year 3 Year 4 Year 5 Year 7 Year 1 Year 15 Year Index ) & & & * * Calendar Year Return % Cat.Avg Index 4 2-2 -4 22 23 24 25 26 27 28 29 21 211 212 213 214 215 YTD ) ( ( ) ) & ) ) & * * * & ) Rolling Returns Best Median 4 2-2 -4 1 Year 3 Year 4 Year 5 Year 7 Year 1 Year 15 Year Worst 216 Research Inc. All rights reserved. 1 Toronto Street, Suite 5, PO Box 26, Toronto, ON, M5C 2W4. 416-489-774. is an independent provider of financial information. Although data are gathered from reliable sources, cannot guarantee completeness or accuracy. If used as supplemental sales literature, this report must be accompanied by the company s fund specific information, as well as a disclosure statement. 17
Printed on 1-28-216 Fidelity Canadian Balanced Category Canadian Neutral Balanced Return High Risk High General Information Code 25 Inception January 23 Underlying Inception September 21 Assets ($Mil) 36.8 Underlying Assets ($Mil) 3175.23 Management Company Fidelity Investments Canada ULC Performance Analysis as at 9-3-216 25 Growth of $1, 22 19 16 13 1 7 Volatility Analysis Category Investment Low Moderate High Investment Objective The targets an annualized return higher than the benchmark indices below, over four-year moving periods. 5% S&P/TSX Capped, 4% FTSE TMX Canada Universe, 1% Merrill Lynch High Yield Master II * & ( & & * ( * & * & Quartile 26 27 28 29 21 211 212 213 214 215 YTD Calendar Year as at 9-3-216 12.8 1.2-17.2 24.6 15.6 1. 8.2 15.1 13.5 5.7 7.8 Return % 11.3 5.1-16. 22.8 12.6.1 6.5 7.3 1.1-1.4 1.9 % Annualized Returns % 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 1 Yr 9.3 8.3 11.1 1.8 1.8 8.6 1.7 4.9 7.9 7. 7.2 6. Disclosure The above data represents past performance returns, which is not indicative of future results. These are gross performance returns, calculated after the fund's operating expenses, but before investment fees. For more information, please contact Desjardins Insurance's Customer Contact Centre at 1-8-968-3587. Investment Strategy The investments are actively managed in order to provide long-term capital appreciation and regular income stream by investing in a diversified portfolio of stocks, fixed-income securities and high yield securities. Equity investment decisions are based on a thorough examination of the company, financial conditions and long-term earnings growth potential. Fixed-income strategy includes sector allocation, security selection, credit analysis and yield-curve positioning strategies. Portfolio Analysis as at 8-31-216 Composition Cash Fixed Income Canadian Equity International Equity Other 2.3 44.9 45.8 6.3.6.2 Equity Style Value Blend Growth Large Mid Small Fixed Income Style Ltd Mod Ext High Med Low Note Underlying assets reflect the manager's Series O units. Top Five Countries Canada United States United Kingdom Luxembourg Netherlands Top Ten Holdings Royal Bank of Canada Bank of Nova Scotia Restaurant Brands International Inc Canadian Pacific Railway Ltd Brookfield Asset Management Inc Class A The Toronto-Dominion Bank Canadian Natural Resources Ltd Rogers Communications Inc Class B Fortis Inc EOG Resources Inc Total Number of Portfolio Holdings Total Number of Underlying Holdings Total Number of Stock Holdings Total Number of Bond Holdings 87.9 9.4 1.2.4.2 4. 3.6 2.8 2.8 2.4 1.8 1.6 1.5 1.3 2 663 84 552 Global Equity Sectors % Equity Utilities 4.4 Energy 19.6 Financialsx 26. Materials 11.1 Consumer Discretionary 9.8 Consumer Staples 4.8 Telecommunication Services 5.4 Industrials 9.7 Health Care 2.2 Information Technology 4.3 Real Estate 2.6 Unclassified. Fixed Income Breakdown Government Bonds Corporate Bonds Other Bonds Mortgages/MBS ST Investments (Cash & Other) Asset Backed Securities % Bond 43.3 49.8 1.4.7 4.8. 214. Research Inc. All Rights Reserved. The information contained herein: (1) is proprietary to ; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. is not responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results. This fund is an investment product offered under an insurance contract issued by Desjardins Financial Security. Desjardins Insurance refers to Desjardins Financial Security Life Assurance Company. 18