review - Investment s Available in This Plan - Gross Annualized rates of return for periods ending March 31, 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 (.62) 4.66 5.14 4.79 Moderate - income oriented with some growth potential, lower - medium risk 1 (2) Multi-Management 45/55 Portfolio (1.38) 5.64 5.77 4.8 Balanced - a balance between growth and income, medium risk 1 (3) Multi-Management 6/4 Portfolio * (1.99) 6.61 6.1 4.96 Advanced - growth oriented, medium - higher risk 1 (4) Multi-Management 75/25 Portfolio (2.4) 7.91 6.27 5.23 1 (5) Multi-Management 9/1 Portfolio (3.15) 8.94 6.71 5.27 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/ (.12) 2.54 3.77 5.9 Term 6/15 Fixed Income (MFS) N/A N/A N/A N/A N/A Balanced s - Diversified mix of investment vehicles Canadian Balanced - medium growth potential, medium risk 1 (8) Income Growth (Invesco Trimark) 1.14 1.25 9.2 6.18 1 (9) Balanced (Jarislowsky Fraser).78 1.22 9.3 6.55 1 (1) Canadian Balanced (Fidelity) (2.28) 1.9 7.79 7.94 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) 1.47 9.92 6.76 6.32 Term 6/15 Canadian Equity (GE) N/A N/A N/A N/A N/A 1 (12) Canadian Equity (CC&L) N/A (5.41) 8.59 4.99 6.13 Foreign Equity s - Predominantly stocks of non-canadian companies U.S. Equity - medium risk, higher return 1 (13) American Equity (MFS).92 19.49 16.4 7.55 International Equity - higher risk, higher return Term 6/15 International Stock (Templeton) N/A N/A N/A N/A N/A 1 (14) International Equity (Sprucewood) (9.4) 7.99 7.52 3.76 Global Equity - higher risk, higher return 1 (15) Global Equity (Invesco Trimark) 5.29 17.1 16.23 7.14 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 4-26-216 Multi-Management 3/7 Category Canadian Fixed Income Balanced Return Low Risk Average General Information Code 4 Inception September 22 Assets ($Mil) 1.36 Management Company Volatility Analysis Investment Category Multi-Manager Low Moderate High Investment Objective This targets an annualized return at least.6% higher than that of the combined benchmarks hereinafter, over four-year moving periods. 5% FTSE TMX Canada 91-day Treasury Bills, 9.5% FTSE TMX Canada Short Term, 57% FTSE TMX Canada Universe, 11.4% S&P/TSX, 17.1% 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 October 1st, 215. BlackRock is a registered trademark of BlackRock, Inc. Used under liscence. Performance Analysis as at 3-31-216 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 3-31-216 7.8 2.8-2.6 8.2 7.2 5. 5.5 3.1 9.4 2.8.8 Return % 7. 3.2-1.4 8.2 6.7 5.2 4.5 3.3 9.1 4.1.2 % Annualized Returns % 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 1 Yr -.6 4.7 4.7 4.9 5.1 4.8 -.2 5. 4.9 5. 5.1 4.8 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 3-31-216 Composition Top Five Countries Canada United States United Kingdom China Japan Top Ten Holdings Cash Fixed Income Canadian Equity US Equity International Equity Other Ontario Prov Cda 2.85% 2-6-223 Canada Govt 1.25% 1-2-218 Province Of Ontario 3.15% 2-6-222 Ontario Prov Cda 2.6% 2-6-225 NHA Mtge Backed Secs 1.35% 1-5-22 Canada Hsg Tr No 1 2% 15-12-219 Fiera Active St Cdn Prov Of Quebec 3.5% 1-12-245 Canada Govt 3.5% 1-12-245 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 3.3 66.7 13.5 7.9 8.5.1 78. 1.5 1.9 1.3.9 1.9 1.5 1.4 1.4 1.3 1.3 1.2 1.1 1.1 1.1 14 2,74 1,73 848 Target Composition Desjardins Short-Term Income 1. DGIA Canadian Bond Index 16. DGIA Bond 16. Fiera Bond 14. AlphaFixe Bond 7. Desjardins Global Tactical Bond 7. DGIA Canadian Equity Dividend 6. CC&L Canadian Equity 3. Fiera Canadian Equity Growth 3. DGIA Global Equity 4. DFS BlackRock US Equity Index 4. Baillie Gifford International Equity 6. DFS BlackRock Global Infrastructure Index 4. Top Five Global Equity Sectors Financials Energy Consumer Discretionary Information Technology Utilities Fixed Income Breakdown Government Bonds Corporate Bonds Other Bonds Mortgages/MBS ST Investments (Cash & Other) Asset Backed Securities % Equity 23.1 14.3 11.3 1.8 1.7 % Bond 54.1 38.4 2..6 4.7.2 214. 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 : March 31 216 Performance History Growth of $1, (4-26 to 3-216) $15,964 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 4.7 3.58 3.3 3.12 3.56 -- Sharpe Ratio.95 1.14 1.29 1.7.88 -- Alpha -1.3 -.6.12.38.52 -- Beta 1.21 1.18 1.1 1.1.92 -- R-Squared.9.88.84.79.86 -- Rating QQ Style Box 4 Inception September 22 Similarity Analysis Prepared by Matthew Loscher Most Similar Score Most Dissimilar Score Holdings Based SEI Income 2/8 Class O 92 SEI Income 4/6 Class O 56 CAN Fid Mod In (PSG) 75/75 (PS2) 92 CAN FT Mod Inc (PSG) 75/75 (PS2) 56 Desjardins fin'l Multi-Management 91 GWL FT Mod Inc (PSG) 75/75 (PS2) 64 Performance Based LON Core Con Gr (PSG) 75/75 (PS2) 97 QV Canadian Income 55 IA Asset Allocation-Conservative 97 Sun Life BlackRock Canadian Balan 78 NEI Ethical Select Income Port I 96 Standard Life ClearP. Ins Inc (Py 81 Ratings Return Risk Rating 3 Year 3.67.16 Q 5 Year 4.13.11 Q 1 Year 3.2.13 QQ Performance Analysis Return Category Return Index Return Growth of Total Return % $1, YTD.8.9 1. 1,79 1 Year -.6.2. 9,938 3 Year 4.7 6.1 4.9 11,466 4 Year 4.9 6.3 4.8 12,111 5 Year 5.1 6.1 4.7 12,845 7 Year 6.1 7.5 5.7 15,149 1 Year 4.8 5.6 4.5 15,964 Since Inception 5.7 -- 6.8 21,24 Best/Worst Time Periods 3 Months Ret% 1 Year Ret% 3 Year Ret% Best 11-14/1-15 5.5 4-3/3-4 13.8 4-3/3-6 3. Worst 9-8/11-8 -6.6 3-8/2-9 -6.2 3-6/2-9 3.3 Annualized Returns % Cat.Avg 2 1-1 -2 1 Year 3 Year 4 Year 5 Year 7 Year 1 Year 15 Year Index ) ) ) ) ) ) Calendar Year Return % Cat.Avg Index 2 1-1 -2 22 23 24 25 26 27 28 29 21 211 212 213 214 215 YTD ( ( ( ( * * ) ) * ) ) ( ) ( Rolling Returns Best Median 2 1-1 -2 1 Year 3 Year 4 Year 5 Year 7 Year 1 Year 15 Year Worst 216 Research Inc. All rights reserved. 1 Toronto Street, Suite 5, PO Box 26, Toronto, ON, M5C 2W4. 416-489-774. is an independent provider of financial information. Although data are gathered from reliable sources, cannot guarantee completeness or accuracy. If used as supplemental sales literature, this report must be accompanied by the company s fund specific information, as well as a disclosure statement. 3
Printed on 4-26-216 Multi-Management 45/55 Category Canadian Fixed Income Balanced Return Below Average Risk Above Average General Information Code 41 Inception September 22 Assets ($Mil) 93.83 Management Company Volatility Analysis Category Investment Multi-Manager Low Moderate High Investment Objective This targets an annualized return at least.65% higher than that of the combined benchmarks hereinafter, over four-year moving periods. 5% FTSE TMX Canada 91-day Treasury Bills, 6.65% FTSE TMX Canada Short Term, 45.6% FTSE TMX Canada Universe, 17.1% S&P/TSX, 25.65% 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 October 1st, 215. BlackRock is a registered trademark of BlackRock, Inc. Used under liscence. Performance Analysis as at 3-31-216 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 3-31-216 1.1 2.4-9.7 11.6 8.3 3.2 7. 6.8 9.8 2.9.4 Return % 9.4 3.3-7.4 11.9 8.4 3.3 5.7 6.7 9.6 4.4 -.3 % Annualized Returns % 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 1 Yr -1.4 4.5 5.6 5.9 5.8 4.8 -.8 5. 5.9 5.9 5.6 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 3-31-216 Composition Top Five Countries Canada United States United Kingdom China Japan Top Ten Holdings Cash Fixed Income Canadian Equity US Equity International Equity Other Ontario Prov Cda 2.85% 2-6-223 Canada Govt 1.25% 1-2-218 Province Of Ontario 3.15% 2-6-222 Ontario Prov Cda 2.6% 2-6-225 NHA Mtge Backed Secs 1.35% 1-5-22 Canada Hsg Tr No 1 2% 15-12-219 Royal Bank Of Canada The Toronto-Dominion Bank Fiera Active St Cdn Prov Of Quebec 3.5% 1-12-245 Total Number of Portfolio Holdings Total Number of Underlying Holdings Total Number of Stock Holdings Total Number of Bond Holdings 3. 52.2 2. 11.6 13..3 71. 13.6 2.6 2.1 1.4 1.5 1.2 1.1 1.1 1.1 1. 1..9.9.9 14 2,74 1,73 848 Target Composition Desjardins Short-Term Income 7. DGIA Canadian Bond Index 13. DGIA Bond 13. Fiera Bond 11. AlphaFixe Bond 5.5 Desjardins Global Tactical Bond 5.5 DGIA Canadian Equity Dividend 7. CC&L Canadian Equity 5.5 Fiera Canadian Equity Growth 5.5 DGIA Global Equity 6. DFS BlackRock US Equity Index 6. Baillie Gifford International Equity 9.5 DFS BlackRock Global Infrastructure Index 5.5 Top Five Global Equity Sectors Financials Energy Consumer Discretionary Information Technology Industrial Fixed Income Breakdown Government Bonds Corporate Bonds Other Bonds Mortgages/MBS ST Investments (Cash & Other) Asset Backed Securities % Equity 23.4 13.6 11.5 11.3 1.1 % Bond 54.3 37.7 2..5 5.4.2 214. 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 : March 31 216 Performance History Growth of $1, (4-26 to 3-216) $15,988 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 4.6 4.1 3.94 4.2 5.1 -- Sharpe Ratio 1.5 1.23 1.24 1.64.63 -- Alpha -.76 -.41 -.22.6 -.64 -- Beta 1.38 1.38 1.35 1.34 1.34 -- R-Squared.91.91.89.84.91 -- 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 SEI Income 4/6 Class O 53 CAN Fid Mod In (PSG) 75/75 (PS2) 89 CAN FT Mod Inc (PSG) 75/75 (PS2) 57 GWL Income (M)75/75 (PS2) 89 GWL FT Mod Inc (PSG) 75/75 (PS2) 64 Performance Based IA Asset Allocation-Moderate 97 QV Canadian Income 55 SEI Income 4/6 Class O 97 GWL Con Inc Port (PSG) 75/75 (PS2 74 GWL FT Mod Inc (PSG) 75/75 (PS2) 96 CAN Income Focus (PSG) 75/75 (PS2 74 Ratings Return Risk Rating 3 Year 4.58.21 QQ 5 Year 4.71.16 QQ 1 Year 2.9.28 Q Performance Analysis Return Category Return Index Return Growth of Total Return % $1, YTD.4.9 1. 1,35 1 Year -1.4.2. 9,862 3 Year 5.6 6.1 4.9 11,788 4 Year 5.9 6.3 4.8 12,574 5 Year 5.8 6.1 4.7 13,235 7 Year 7.5 7.5 5.7 16,545 1 Year 4.8 5.6 4.5 15,988 Since Inception 6.3 -- 6.8 22,882 Best/Worst Time Periods 3 Months Ret% 1 Year Ret% 3 Year Ret% Best 3-9/5-9 9.2 3-9/2-1 19.2 4-3/3-6 4.5 Worst 9-8/11-8 -11.5 3-8/2-9 -14.3 3-6/2-9 -5.6 Annualized Returns % Cat.Avg 2 1-1 -2 1 Year 3 Year 4 Year 5 Year 7 Year 1 Year 15 Year Index ) ) ( ( ( ) Calendar Year Return % Cat.Avg Index 2 1-1 -2 22 23 24 25 26 27 28 29 21 211 212 213 214 215 YTD & & & & ( ) ( * ( * ( * ) ) Rolling Returns Best Median 2 1-1 -2 1 Year 3 Year 4 Year 5 Year 7 Year 1 Year 15 Year Worst 216 Research Inc. All rights reserved. 1 Toronto Street, Suite 5, PO Box 26, Toronto, ON, M5C 2W4. 416-489-774. is an independent provider of financial information. Although data are gathered from reliable sources, cannot guarantee completeness or accuracy. If used as supplemental sales literature, this report must be accompanied by the company s fund specific information, as well as a disclosure statement. 5
Printed on 4-26-216 Multi-Management 6/4 Category Canadian Neutral Balanced Return Below Average Risk Below Average General Information Code 42 Inception September 22 Assets ($Mil) 225.54 Management Company Volatility Analysis Investment Category Multi-Manager Low Moderate High Investment Objective This targets an annualized return at least.75% higher than that of the combined benchmarks hereinafter, over four-year moving periods. 5% FTSE TMX Canada 91-day Treasury Bills, 3.8% FTSE TMX Canada Short Term, 34.2% FTSE TMX Canada Universe, 22.8% S&P/TSX, 34.2% 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 October 1st, 215. BlackRock is a registered trademark of BlackRock, Inc. Used under liscence. Performance Analysis as at 3-31-216 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 3-31-216 12.4 2. -16.7 17.9 1..6 8.1 1.4 1.2 2.8.3 Return % 11.7 2. -13.6 15.5 9.6 1.4 6.8 1.1 1.2 4.7 -.8 % Annualized Returns % 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 1 Yr -2. 4.4 6.6 6.8 6.1 5. -1.5 4.9 6.8 6.8 6. 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 3-31-216 Composition Top Five Countries Canada United States China United Kingdom Japan Top Ten Holdings Royal Bank Of Canada The Toronto-Dominion Bank Ontario Prov Cda 2.85% 2-6-223 Enbridge Inc Bank of Nova Scotia Cash Fixed Income Canadian Equity US Equity International Equity Other Province Of Ontario 3.15% 2-6-222 Ontario Prov Cda 2.6% 2-6-225 Canada Govt 1.25% 1-2-218 NHA Mtge Backed Secs 1.35% 1-5-22 Canada Hsg Tr No 1 2% 15-12-219 Total Number of Portfolio Holdings Total Number of Underlying Holdings Total Number of Stock Holdings Total Number of Bond Holdings 2.6 37.8 26.5 15.3 17.4.4 63.9 16.8 2.8 2.8 1.3 1.2 1.1 1.1.9.9.8.8.8.8.8 16 2,77 1,752 848 Target Composition Desjardins Short-Term Income 4. DGIA Canadian Bond Index 1. DGIA Bond 1. Fiera Bond 8. AlphaFixe Bond 4. Desjardins Global Tactical Bond 4. DGIA Canadian Equity Dividend 8. CC&L Canadian Equity 8. Fiera Canadian Equity Growth 6. Montrusco Bolton Canadian Small Cap Equity 2. DGIA Global Equity 8. DFS BlackRock US Equity Index 8. Baillie Gifford International Equity 8. DGIA Emerging Markets 5. DFS BlackRock Global Infrastructure Index 7. Top Five Global Equity Sectors Financials Energy Information Technology Consumer Discretionary Industrial Fixed Income Breakdown Government Bonds Corporate Bonds Other Bonds Mortgages/MBS ST Investments (Cash & Other) Asset Backed Securities % Equity 23.5 13.7 11.7 1.5 9.8 % Bond 54.5 36.4 1.9.5 6.5.1 214. 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 : March 31 216 Performance History Growth of $1, (4-26 to 3-216) $16,231 18, 16, 14, 12, 1, 8, 6, 4, 2, 27 28 29 21 211 212 213 214 215 Rating QQ Style Box 4 Inception September 22 Similarity Analysis Prepared by Matthew Loscher Most Similar Score Most Dissimilar Score Holdings Based PH&N Balanced Sr O 92 Manulife Jarislowsky Fraser Balan 8 Manulife PH&N Balanced Pension Tr 92 Sun Life Dynamic Strategic Yield 51 PH&N Balanced Pension Trust Sr O 92 LON Core Mod (PSG) 75/75 (PS2) 58 Performance Based LON Mac Balanced (PSG) 75/75 (PS2 97 NEI Ethical Balanced I 62 GWL Mac Balanced (PSG) 75/75 (PS2 97 Lincluden Income Plus Pooled 64 GWL FT Bal Inc (PSG) 75/75 (PS2) 97 Scotia Private Strategic Balanced 68 4 Year Risk/Return 15 1 s in Category Ratings Return Risk Rating 3 Year 5.48.28 QQ 5 Year 4.95.25 QQ 1 Year 2.83.5 Q Return (%) 5-5 Return Low Return Low 5 1 Risk (%) Risk and Return Statistics 3Yr 4Yr 5Yr 7Yr 1Yr 15Yr Standard Deviation 5.32 4.88 4.96 5.34 6.81 -- Sharpe Ratio 1.9 1.21 1.5 1.5.51 -- Alpha 2.46 2.49 2.77 2.81.53 -- Beta.95.95.93.87.93 -- R-Squared.76.77.77.72.81 -- Performance Analysis Return Category Return Index Return Growth of Total Return % $1, YTD.3.2 2.9 1,27 1 Year -2. -1.2-2.5 9,81 3 Year 6.6 8.1 4.2 12,118 4 Year 6.8 8.3 4.4 13,4 5 Year 6.1 7. 3.4 13,445 7 Year 8.9 9.7 6.8 18,222 1 Year 5. 5.8 4.7 16,231 Since Inception 6.6 -- 7.8 23,659 Best/Worst Time Periods 3 Months Ret% 1 Year Ret% 3 Year Ret% Best 3-9/5-9 13. 3-9/2-1 27.1 4-3/3-6 47.4 Worst 9-8/11-8 -17.1 3-8/2-9 -21. 3-6/2-9 -13.1 Annualized Returns % Cat.Avg 2 1-1 -2 1 Year 3 Year 4 Year 5 Year 7 Year 1 Year 15 Year Index ( ) ) ) ) ) Calendar Year Return % Cat.Avg Index 2 1-1 -2 22 23 24 25 26 27 28 29 21 211 212 213 214 215 YTD ) ( ( * ( ( * ( * ( ) ( ( * Rolling Returns Best Median 4 2-2 -4 1 Year 3 Year 4 Year 5 Year 7 Year 1 Year 15 Year Worst 216 Research Inc. All rights reserved. 1 Toronto Street, Suite 5, PO Box 26, Toronto, ON, M5C 2W4. 416-489-774. is an independent provider of financial information. Although data are gathered from reliable sources, cannot guarantee completeness or accuracy. If used as supplemental sales literature, this report must be accompanied by the company s fund specific information, as well as a disclosure statement. 7
Printed on 4-26-216 Multi-Management 75/25 Category Canadian Equity Balanced Return Below Average Risk Average General Information Code 43 Inception September 22 Assets ($Mil) 211.21 Management Company Volatility Analysis Category Investment Multi-Manager Low Moderate High Investment Objective This targets an annualized return at least.8% higher than that of the combined benchmarks hereinafter, over four-year moving periods. 5% FTSE TMX Canada 91-day Treasury Bills, 23.75% FTSE TMX Canada Universe, 28.5% S&P/TSX, 42.75% 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 October 1st, 215. BlackRock is a registered trademark of BlackRock, Inc. Used under liscence. Performance Analysis as at 3-31-216 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 3-31-216 13.3 2.3-2.6 23.3 11.4-3.4 9.2 14.3 11.2 3.2. Return % 13.6 1.6-19.5 2.2 11. -1. 7.8 13.7 1.7 5. -1.3 % Annualized Returns % 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 1 Yr -2.4 4.7 7.9 7.9 6.3 5.2-2.1 4.8 7.8 7.7 6.3 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 3-31-216 Composition Top Five Countries Canada United States China United Kingdom Japan Top Ten Holdings Royal Bank Of Canada The Toronto-Dominion Bank Enbridge Inc Bank of Nova Scotia Ontario Prov Cda 2.85% 2-6-223 Canadian National Railway Co Tencent Holdings Ltd TransCanada Corp Baidu Inc ADR Canada Govt 1.25% 1-2-218 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 US Equity International Equity Other 2.2 23.7 32.9 19.1 21.8.3 56.9 2.1 3.5 3.3 1.6 1.3 1.3 1..9.9.8.8.8.7.7 13 2,574 1,761 647 Target Composition DGIA Bond 15. Fiera Bond 7.5 Desjardins Global Tactical Bond 2.5 DGIA Canadian Equity Dividend 1. CC&L Canadian Equity 1. Fiera Canadian Equity Growth 6. Montrusco Bolton Canadian Small Cap Equity 4. DGIA Global Equity 1. DFS BlackRock US Equity Index 1. Baillie Gifford International Equity 1. DGIA Emerging Markets 6.5 DFS BlackRock Global Infrastructure Index 8.5 Top Five Global Equity Sectors Financials Energy Information Technology Consumer Discretionary Industrial Fixed Income Breakdown Government Bonds Corporate Bonds Other Bonds Mortgages/MBS ST Investments (Cash & Other) Asset Backed Securities % Equity 23. 13.7 12. 1.6 9.7 % Bond 54.6 33.9 2.7.3 8.4.1 214. 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 : March 31 216 Performance History Growth of $1, (4-26 to 3-216) $16,652 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 6.17 5.81 6.3 6.74 8.31 -- Sharpe Ratio 1.15 1.2.87 1.35.46 -- Alpha.4.12 -.2.31.2 -- Beta 1.6 1.4 1.8 1.8 1.6 -- R-Squared.95.95.96.95.97 -- 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 92 LON Core Bl Gr Pl (PSG) 75/75 (PS 5 IA Asset Allocation-Growth 88 Mackenzie Canadian Bal All Cap Va 67 IA Balanced (Jarislowsky) 87 CAN Cdn All Cp Bal (M) 75/75 (PS2 68 Performance Based IA Asset Allocation-Growth 96 Manulife MMF Monthly High Income 67 Beutel Goodman Balanced 96 Franklin Bissett Dividend Income 73 BonaVista Global Balanced Sr O 95 GWL Balanced (IVZ)75/75 (PS2) 76 Ratings Return Risk Rating 3 Year 6.66.39 QQ 5 Year 4.96.41 QQ 1 Year 2.84.75 Q Performance Analysis Return Category Return Index Return Growth of Total Return % $1, YTD. 1.1.5 9,998 1 Year -2.4 -.6-2.2 9,76 3 Year 7.9 8.9 7.5 12,567 4 Year 7.9 9.1 7.4 13,533 5 Year 6.3 7.3 5.9 13,556 7 Year 1. 1.5 9. 19,512 1 Year 5.2 6.1 5. 16,652 Since Inception 7.5 -- 8.1 26,447 Best/Worst Time Periods 3 Months Ret% 1 Year Ret% 3 Year Ret% Best 3-9/5-9 15.9 3-9/2-1 32.6 4-3/3-6 6.5 Worst 9-8/11-8 -2.3 3-8/2-9 -24.3 3-6/2-9 -16.8 Annualized Returns % Cat.Avg 2 1-1 -2 1 Year 3 Year 4 Year 5 Year 7 Year 1 Year 15 Year Index ) ) ( ) ( ) Calendar Year Return % Cat.Avg Index 4 2-2 -4 22 23 24 25 26 27 28 29 21 211 212 213 214 215 YTD ) * * ( * ) * * ( ( ) * * ( Rolling Returns Best Median 4 2-2 -4 1 Year 3 Year 4 Year 5 Year 7 Year 1 Year 15 Year Worst 216 Research Inc. All rights reserved. 1 Toronto Street, Suite 5, PO Box 26, Toronto, ON, M5C 2W4. 416-489-774. is an independent provider of financial information. Although data are gathered from reliable sources, cannot guarantee completeness or accuracy. If used as supplemental sales literature, this report must be accompanied by the company s fund specific information, as well as a disclosure statement. 9
Printed on 4-26-216 Multi-Management 9/1 Category Canadian Equity Balanced Return Average Risk High General Information Code 44 Inception September 22 Assets ($Mil) 216.7 Management Company Volatility Analysis Category Investment Multi-Manager Low Moderate High Investment Objective This targets an annualized return at least.85% higher than that of the combined benchmarks hereinafter, over four-year moving periods. 5% FTSE TMX Canada 91-day Treasury Bills, 9.5% FTSE TMX Canada Universe, 34.2% S&P/TSX, 51.3% 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 October 1st, 215. BlackRock is a registered trademark of BlackRock, Inc. Used under liscence. Performance Analysis as at 3-31-216 18 Growth of $1, & * ) & & ) ( * * ( ) Quartile 16 14 12 1 8 6 26 27 28 29 21 211 212 213 214 215 YTD Calendar Year as at 3-31-216 15.1 1.7-26.3 28.1 12.9-5.4 1. 18.8 11.7 3.1 -.4 Return % 16..3-25.2 23.8 12.3-3.3 8.7 17.4 11.2 5.2-1.8 % Annualized Returns % 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 1 Yr -3.2 4.5 8.9 8.9 6.7 5.3-2.8 4.7 8.7 8.6 6.6 4.9 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 3-31-216 Composition Top Five Countries Canada United States China United Kingdom Japan Top Ten Holdings Royal Bank Of Canada The Toronto-Dominion Bank Enbridge Inc Bank of Nova Scotia Tencent Holdings Ltd TransCanada Corp Canadian National Railway Co Baidu Inc ADR Bank of Montreal National Grid PLC 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 US Equity International Equity Other 2. 9.5 39.3 22.7 26.1.4 5.1 23.2 4.2 3.8 1.8 1.5 1.4 1.2 1.1.9.9.9.8.8.7 13 2,574 1,761 647 Target Composition DGIA Bond 6. Fiera Bond 3. Desjardins Global Tactical Bond 1. DGIA Canadian Equity Dividend 12. CC&L Canadian Equity 12. Fiera Canadian Equity Growth 6. Montrusco Bolton Canadian Small Cap Equity 6. DGIA Global Equity 12. DFS BlackRock US Equity Index 12. Baillie Gifford International Equity 12. DGIA Emerging Markets 8. DFS BlackRock Global Infrastructure Index 1. Top Five Global Equity Sectors Financials Energy Information Technology Consumer Discretionary Industrial Fixed Income Breakdown Government Bonds Corporate Bonds Other Bonds Mortgages/MBS ST Investments (Cash & Other) Asset Backed Securities % Equity 22.8 13.6 12.1 1.6 9.8 % Bond 49.7 3.4 2.4.3 17.2.1 214. 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 : March 31 216 Performance History Growth of $1, (4-26 to 3-216) $16,75 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 7.6 6.78 7.51 8.28 1.35 -- Sharpe Ratio 1.14 1.17.79 1.26.39 -- Alpha.9.2 -.57 -.18 -.64 -- Beta 1.21 1.21 1.28 1.31 1.3 -- R-Squared.94.95.95.92.95 -- 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 92 LON Core Bl Gr Pl (PSG) 75/75 (PS 37 IA Asset Allocation-Aggressive Gr 89 Mackenzie Canadian Bal All Cap Va 6 IA Asset Allocation-Growth 86 CAN Cdn All Cp Bal (M) 75/75 (PS2 6 Performance Based IA Asset Allocation-Aggressive Gr 96 Manulife MMF Monthly High Income 63 Desjardins fin'l Multi-Management 93 Franklin Bissett Dividend Income 71 GWL Equity/Bond 1 92 GWL Balanced (IVZ)75/75 (PS2) 73 Ratings Return Risk Rating 3 Year 7.56.51 QQQ 5 Year 5.21.58 QQQ 1 Year 2.45 1.18 Q Performance Analysis Return Category Return Index Return Growth of Total Return % $1, YTD -.4 1.1.5 9,961 1 Year -3.2 -.6-2.2 9,685 3 Year 8.9 8.9 7.5 12,929 4 Year 8.9 9.1 7.4 14,57 5 Year 6.7 7.3 5.9 13,834 7 Year 11.4 1.5 9. 21,27 1 Year 5.3 6.1 5. 16,75 Since Inception 8. -- 8.1 28,438 Best/Worst Time Periods 3 Months Ret% 1 Year Ret% 3 Year Ret% Best 3-9/5-9 19.2 3-9/2-1 39.6 4-3/3-6 7.7 Worst 9-8/11-8 -26.1 3-8/2-9 -3. 3-6/2-9 -23.6 Annualized Returns % Cat.Avg 2 1-1 -2 1 Year 3 Year 4 Year 5 Year 7 Year 1 Year 15 Year Index ) * * ( & ) Calendar Year Return % Cat.Avg Index 4 2-2 -4 22 23 24 25 26 27 28 29 21 211 212 213 214 215 YTD & * * & * ) & & ) ( * * ( ) Rolling Returns Best Median 4 2-2 -4 1 Year 3 Year 4 Year 5 Year 7 Year 1 Year 15 Year Worst 216 Research Inc. All rights reserved. 1 Toronto Street, Suite 5, PO Box 26, Toronto, ON, M5C 2W4. 416-489-774. is an independent provider of financial information. Although data are gathered from reliable sources, cannot guarantee completeness or accuracy. If used as supplemental sales literature, this report must be accompanied by the company s fund specific information, as well as a disclosure statement. 11
Printed on 4-26-216 Beutel Goodman Income Category Canadian Fixed Income Return Low Risk Low General Information Code 279 Inception June 29 Underlying Inception January 1991 Assets ($Mil) 88.19 Underlying Assets ($Mil) 878.62 Management Company Beutel, Goodman & Company Ltd. Performance Analysis as at 3-31-216 2 Growth of $1, 18 16 Underlying 14 12 1 8 Volatility Analysis Investment Low Moderate High Category 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 3-31-216 4.3 4.4 7.9 8.8 6.8 8. 3. -1.5 6.2 1.9 1.4 Return % 4.1 3.7 6.4 5.4 6.7 9.7 3.6-1.2 8.8 3.5 1.4 % Annualized Returns % 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 1 Yr -.1 3.6 2.5 2.6 3.8 5.2.8 5.4 3.9 4. 5.2 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 3-31-216 Composition Cash.2 Fixed Income 99.8 Canadian Equity. US Equity. International Equity. Other. Top Ten Holdings Ontario Prov Cda 2.6% 2-6-225 6. Canada Hsg Tr No 1 2.5% 15-6-218 4.5 Canada Hsg Tr No 1 1.25% 15-12-22 4.4 Canada Hsg Tr No 1 1.95% 15-6-219 3.5 Canada Govt 3.5% 1-12-245 3.1 Canada Hsg Tr No 1 4.1% 15-12-218 2.7 Ontario Prov Cda 3.5% 2-6-224 2.7 Ontario Prov Cda 4% 2-6-221 2.6 Province Of Ontario 3.15% 2-6-222 2.6 Ontario Prov Cda 2.1% 8-9-218 2.5 Total Number of Portfolio Holdings 2 Total Number of Underlying Holdings 15 Total Number of Stock Holdings Total Number of Bond Holdings 146 Fixed Income Style Credit Quality % High 77.9 Medium 22. Low. NR/NA. Ltd Mod Ext Top Five Countries Canada 1. Fixed Income Breakdown % Bond Government Bonds 6.4 Corporate Bonds 39.4 Other Bonds. Mortgages/MBS. ST Investments (Cash & Other).2 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 : March 31 216 Performance History Growth of $1, (6-29 to 3-216) $13,24 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 1 LON Mortgage (P) 75/75 (PS2) 34 Beutel Goodman Income 1 LL Mortgage (Portico) 34 LL Bond (Beutel Goodman) 1 SEI Income 1 Class O 62 Performance Based Standard Life Fixed Income (Beute 1 LL Mortgage (Portico) 63 Beutel Goodman Income 1 LON Mortgage (P) 75/75 (PS2) 63 LL Bond (Beutel Goodman) 1 MAM Mid-Term Liability Gov Bond P 69 4 Year Risk/Return 15 1 s in Category Ratings Return Risk Rating 3 Year 1.63.1 Q 5 Year 2.81.8 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 3.18 2.9 2.86 -- Sharpe Ratio.56.63 1.3 -- Alpha -.1.4.33 -- Beta.77.75.73 -- R-Squared.84.84.84 -- Performance Analysis Return Category Return Index Return Growth of Total Return % $1, YTD 1.4 1.4 1.1 1,137 1 Year -.1.8 1.4 9,988 3 Year 2.5 3.9 3.2 1,782 4 Year 2.6 4.2 3.2 11,1 5 Year 3.8 5.4 4.4 12,35 7 Year -- 5.7 3.6 -- 1 Year -- 5.3 4.7 -- Since Inception 4.2 -- 8. 13,24 Best/Worst Time Periods 3 Months Ret% 1 Year Ret% 3 Year Ret% Best 11-14/1-15 4.7 2-11/1-12 8.9 7-9/6-12 2.6 Worst 5-13/7-13 -2.6 1-12/9-13 -1.6 12-12/11-15 5.5 Annualized Returns % Cat.Avg 3 2 1-1 1 Year 3 Year 4 Year 5 Year 7 Year 1 Year 15 Year Index ) ) ) ) Calendar Year Return % Cat.Avg Index 2 1-1 -2 22 23 24 25 26 27 28 29 21 211 212 213 214 215 YTD ) ) ) ) ) ) ( Rolling Returns Best Median 2 1-1 -2 1 Year 3 Year 4 Year 5 Year 7 Year 1 Year 15 Year Worst 216 Research Inc. All rights reserved. 1 Toronto Street, Suite 5, PO Box 26, Toronto, ON, M5C 2W4. 416-489-774. is an independent provider of financial information. Although data are gathered from reliable sources, cannot guarantee completeness or accuracy. If used as supplemental sales literature, this report must be accompanied by the company s fund specific information, as well as a disclosure statement. 13
Detailed Summary Not Available 14
MorningStar Report of the Corresponding is Unavailable. 15
Printed on 4-26-216 Trimark Income Growth Category Canadian Equity Balanced Return Above Average Risk Average General Information Code 229 Inception February 1997 Underlying Inception September 1987 Assets ($Mil) 2.8 Underlying Assets ($Mil) 2831.29 Management Company Invesco Canada Ltd. Performance Analysis as at 3-31-216 2 Growth of $1, 18 16 14 12 1 8 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 3-31-216 14.7-6.6-14.9 19.7 8.5-1.2 11.3 23. 1.2 3.6 2.3 Return % 12. 3.3-16.8 16.6 1.2 -.5 7.2 12.3 1.5 2.8.2 % Annualized Returns % 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 1 Yr 1.1 5.5 1.3 11.2 9. 6.2-2.2 4.4 7.1 7.2 5.9 4.9 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 3-31-216 Composition Top Five Countries Canada United States United Kingdom Top Ten Holdings Cash Fixed Income Canadian Equity US Equity International Equity Other Brookfield Asset Management Inc Class A The Toronto-Dominion Bank Bank of Nova Scotia Onex Corp Power Corporation Of Canada Oaktree Capital Group LLC Zimmer Biomet Holdings Inc DCC PLC Canadian Natural Resources Ltd Berkshire Hathaway Inc B Total Number of Portfolio Holdings Total Number of Underlying Holdings Total Number of Stock Holdings Total Number of Bond Holdings 1.9 23.3 42.3 29.6 2.9. 68.3 28.7 2.9 5.5 4. 3.3 3.2 3.2 3.1 3. 2.9 2.9 2.7 2 134 33 78 Equity Style Value Blend Growth Global Equity Sectors Large Mid Small Fixed Income Style Ltd Mod Ext High Med Low % Equity Utilities. Energy 12.2 Financials 46.5 Materials 3.4 Consumer Discretionary 3.4 Consumer Staples. Telecommunication Services. Industrials 15.5 Health Care 8.3 Information Technology 1.7 Unclassified. Fixed Income Breakdown Government Bonds Corporate Bonds Other Bonds Mortgages/MBS ST Investments (Cash & Other) Asset Backed Securities % Bond 32.1 6.3.. 7.6. 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 16
Desjardins Fin'l Trimark Income Growth Index : CAN Bal Cdn Agg CAD Category : CdnEqBal Release date : March 31 216 Performance History Growth of $1, (4-26 to 3-216) $18,21 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 6.23 6.24 6.66 7.24 8.33 7.51 Sharpe Ratio 1.48 1.61 1.21 1.44.57.77 Alpha 3.6 3.71 2.92 1.98 1.3 2.54 Beta.93.97 1.1 1.4.95.83 R-Squared.72.7.75.76.78.73 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 LON Core Bl Gr Pl (PSG) 75/75 (PS 54 Trimark Income Growth 1 NEI Ethical Select Growth Port I 6 Manulife Trimark Income Growth 1 Desjardins Fin'l Fiera Balanced D 64 Performance Based LL Income Growth (Trimark) 1 Manulife MMF Monthly High Income 63 Manulife Trimark Income Growth 1 CGOV Balanced 7 Trimark Income Growth 1 IA Balanced (Jarislowsky) 7 Ratings Return Risk Rating 3 Year 8.97.4 QQQQ 5 Year 7.63.46 QQQQ 1 Year 3.78.75 QQQ Performance Analysis Return Category Return Index Return Growth of Total Return % $1, YTD 2.3 1.1.5 1,233 1 Year 1.1 -.6-2.2 1,114 3 Year 1.3 8.9 7.5 13,41 4 Year 11.2 9.1 7.4 15,278 5 Year 9. 7.3 5.9 15,42 7 Year 11.5 1.5 9. 21,371 1 Year 6.2 6.1 5. 18,21 Since Inception 7.8 -- 8.1 42,269 Best/Worst Time Periods 3 Months Ret% 1 Year Ret% 3 Year Ret% Best 3-9/5-9 14.6 3-9/2-1 3.4 3-99/2-2 59.5 Worst 9-8/11-8 -16.5 3-8/2-9 -19.4 3-6/2-9 -15.9 Annualized Returns % Cat.Avg 2 1-1 -2 1 Year 3 Year 4 Year 5 Year 7 Year 1 Year 15 Year Index & & & & & * & Calendar Year Return % Cat.Avg Index 4 2-2 -4 22 23 24 25 26 27 28 29 21 211 212 213 214 215 YTD & ( & ) & ) & ( ) * & & ( * & Rolling Returns Best Median 4 2-2 -4 1 Year 3 Year 4 Year 5 Year 7 Year 1 Year 15 Year Worst 216 Research Inc. All rights reserved. 1 Toronto Street, Suite 5, PO Box 26, Toronto, ON, M5C 2W4. 416-489-774. is an independent provider of financial information. Although data are gathered from reliable sources, cannot guarantee completeness or accuracy. If used as supplemental sales literature, this report must be accompanied by the company s fund specific information, as well as a disclosure statement. 15 17
Printed on 4-26-216 Jarislowsky Fraser Balanced Category Canadian Equity Balanced Return N/A Risk N/A General Information Code 21 Inception February 22 Underlying Inception April 1997 Assets ($Mil) 167.17 Underlying Assets ($Mil) 233.6 Management Company Jarislowsky Fraser Ltd Performance Analysis as at 3-31-216 2 Growth of $1, 18 16 14 12 1 8 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, 12.5% S&P 5, 12.5% 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 3-31-216 11.7.1-12.2 14.7 7.1 2. 1.7 18.6 11.9 8.1-1. Return % 11.6 2.6-14.6 15. 9.5.5 7.2 11.8 1. 3.7. % Annualized Returns % 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 1 Yr.8 7.4 1.2 1.7 9.3 6.5-1.8 4.6 7.1 7.2 6.1 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. Investment Strategy Portfolio Analysis as at 3-31-216 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 US Equity International Equity Other 5.3 3.9 26.5 17.9 16.3 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 France Germany Top Ten Holdings Jarislowsky Special Equity The Toronto-Dominion Bank Canada Govt 3.5% 1-12-245 Royal Bank Of Canada Bank of Nova Scotia Canadian National Railway Co Enbridge Inc Suncor Energy Inc Canadian Natural Resources Ltd Manulife Financial Corp Total Number of Portfolio Holdings Total Number of Underlying Holdings Total Number of Stock Holdings Total Number of Bond Holdings 62.4 2.1 5. 3. 2.4 2.7 2.4 1.9 1.9 1.8 1.4 1.2 1.1 1.1 1. 2 228 129 84 Global Equity Sectors % Equity Utilities.3 Energy 13.9 Financials 24.5 Materials 3.2 Consumer Discretionary 9.4 Consumer Staples 15.7 Telecommunication Services 1.5 Industrials 9.7 Health Care 9.7 Information Technology 11.6 Unclassified.4 Fixed Income Breakdown Government Bonds Corporate Bonds Other Bonds Mortgages/MBS ST Investments (Cash & Other) Asset Backed Securities % Bond 28.7 56.7.. 14.6. 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. 16 18
Desjardins Fin'l JF Balanced Index : CAN Bal Cdn Agg CAD Category : CdnEqBal Release date : March 31 216 Performance History Growth of $1, (4-26 to 3-216) $18,856 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 5.71 5.35 5.32 5.37 6.53 -- Sharpe Ratio 1.61 1.79 1.55 1.78.76 -- Alpha 3.5 3.61 3.92 2.96 2.7 -- Beta.92.91.84.81.8 -- R-Squared.84.85.82.84.89 -- Rating QQQQQ 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..34 QQQQ 5 Year 8.7.3 QQQQQ 1 Year 4.42.47 QQQQQ Performance Analysis Return Category Return Index Return Growth of Total Return % $1, YTD -1. 1.1.5 9,899 1 Year.8 -.6-2.2 1,78 3 Year 1.2 8.9 7.5 13,39 4 Year 1.7 9.1 7.4 15,19 5 Year 9.3 7.3 5.9 15,597 7 Year 1.6 1.5 9. 2,245 1 Year 6.5 6.1 5. 18,856 Since Inception 7. -- 8.1 25,917 Best/Worst Time Periods 3 Months Ret% 1 Year Ret% 3 Year Ret% Best 3-9/5-9 11. 3-9/2-1 22.5 6-12/5-15 52.5 Worst 9-8/11-8 -12.9 3-8/2-9 -15.1 3-6/2-9 -9.1 Annualized Returns % Cat.Avg 2 1-1 -2 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 19