D ClassD Class units are available only to clients of Alitis Investment Counsel and performance is shown before management fees. Fees are charged directly to client accounts E ClassE Class units are available only to clients of Alitis Investment Counsel and the displayed performance is after all fees

Calendar Returns (%) As at Dec. 31, 2025

YTD 20252024202320222021
15.94 15.94 7.79 6.98 -3.33 7.70

Compound Returns (%) As at Dec. 31, 2025

1 Month 6 Month 1 Year 3 Year 5 Year 10 Year Since InceptionInception Date: Dec 11, 2009
-0.86 7.81 15.94 10.15 6.83 7.04 5.97

Growth of $ 100,000

Calendar Returns (%) As at Dec. 31, 2025

YTD 20252024202320222021
17.54 17.54 9.27 8.46 -2.07 8.80

Compound Returns (%) As at Dec. 31, 2025

1 Month 6 Month 1 Year 3 Year 5 Year 10 Year Since InceptionInception Date: Dec 11, 2009
-0.74 8.56 17.54 11.67 8.21 8.30 7.15

Growth of $ 100,000

Asset Allocation As at Jan. 9, 2026

Cash & Equivalents (2.2%)
Private Debt (0.4%)
Canadian Stocks (3.0%)
Global Stocks (37.2%)
European Stocks (8.9%)
Other Americas Stocks (11.9%)
Asia-Pacific Stocks (16.9%)
Infrastructure (5.0%)
Private Equity (10.9%)
Real Estate (3.7%)

Traditional / Alternative Allocation As at Jan. 9, 2026

Traditional (80.1%)
Alternative (19.9%)

Top 10 Holdings As at Jan. 9, 2026