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
3.52 5.90 8.43 1.86 7.76 7.20

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
0.98 2.46 4.28 7.05 6.80 6.21 5.44

Growth of $ 100,000

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

YTD 20242023202220212020
4.52 7.30 9.86 3.12 8.98 8.23

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
1.08 3.13 5.65 8.46 8.10 7.43 6.65

Growth of $ 100,000

Asset Allocation As at Sept. 26, 2025
■ Cash & Equivalents (1.0%)
■ Canadian Bonds (16.8%)
■ Global Bonds (1.3%)
■ US Bonds (6.1%)
■ Alternative Fixed Income (2.0%)
■ Private Debt (2.3%)
■ Mortgages (15.8%)
■ Canadian Stocks (0.9%)
■ Global Stocks (9.4%)
■ European Stocks (1.3%)
■ Other Americas Stocks (3.0%)
■ Asia-Pacific Stocks (4.2%)
■ Infrastructure (1.2%)
■ Private Equity (2.5%)
■ Real Estate (32.3%)

Traditional / Alternative Allocation As at Sept. 26, 2025
■ Traditional (45.7%)
■ Alternative (54.3%)

Top 10 Holdings As at Sept. 26, 2025