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 Aug. 31, 2025

YTD 20242023202220212020
2.51 5.90 8.43 1.86 7.76 7.20

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

1 Month 6 Month 1 Year 3 Year 5 Year 10 Year Since InceptionInception Date: Dec 11, 2009
-0.24 0.94 4.70 6.34 6.60 5.99 5.41

Growth of $ 100,000

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

YTD 20242023202220212020
3.40 7.30 9.86 3.12 8.98 8.23

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

1 Month 6 Month 1 Year 3 Year 5 Year 10 Year Since InceptionInception Date: Dec 11, 2009
-0.12 1.59 6.07 7.74 7.90 7.21 6.61

Growth of $ 100,000

Asset Allocation As at Sept. 5, 2025
■ Cash & Equivalents (1.4%)
■ Canadian Bonds (16.7%)
■ Global Bonds (1.3%)
■ US Bonds (5.9%)
■ Alternative Fixed Income (2.0%)
■ Private Debt (2.3%)
■ Mortgages (15.9%)
■ Canadian Stocks (0.9%)
■ Global Stocks (9.2%)
■ European Stocks (1.3%)
■ Other Americas Stocks (2.8%)
■ Asia-Pacific Stocks (4.0%)
■ Infrastructure (1.2%)
■ Private Equity (2.5%)
■ Real Estate (32.6%)

Traditional / Alternative Allocation As at Sept. 5, 2025
■ Traditional (45.4%)
■ Alternative (54.6%)

Top 10 Holdings As at Sept. 5, 2025