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 Sept. 30, 2025

YTD 20242023202220212020
13.37 7.79 6.98 -3.33 7.70 4.15

Compound Returns (%) As at Sept. 30, 2025

1 Month 6 Month 1 Year 3 Year 5 Year 10 Year Since InceptionInception Date: Dec 11, 2009
2.97 9.82 13.84 11.15 8.32 7.07 5.92

Growth of $ 100,000

Calendar Returns (%) As at Sept. 30, 2025

YTD 20242023202220212020
14.51 9.27 8.46 -2.07 8.80 5.37

Compound Returns (%) As at Sept. 30, 2025

1 Month 6 Month 1 Year 3 Year 5 Year 10 Year Since InceptionInception Date: Dec 11, 2009
3.08 10.57 15.40 12.67 9.71 8.32 7.09

Growth of $ 100,000

Asset Allocation As at Oct. 17, 2025
■ Cash & Equivalents (8.2%)
■ Private Debt (0.4%)
■ Canadian Stocks (4.2%)
■ Global Stocks (35.5%)
■ European Stocks (4.3%)
■ Other Americas Stocks (12.5%)
■ Asia-Pacific Stocks (15.4%)
■ Infrastructure (5.0%)
■ Private Equity (10.7%)
■ Real Estate (3.8%)

Traditional / Alternative Allocation As at Oct. 17, 2025
■ Traditional (80.1%)
■ Alternative (19.9%)

Top 10 Holdings As at Oct. 17, 2025