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
4.52 4.52 5.90 8.43 1.86 7.76

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
-0.25 1.94 4.52 6.26 5.66 6.20 5.42

Growth of $ 100,000

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

YTD 20252024202320222021
5.89 5.89 7.30 9.86 3.12 8.98

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
-0.13 2.61 5.89 7.66 7.00 7.43 6.63

Growth of $ 100,000

Asset Allocation As at Jan. 9, 2026

Cash & Equivalents (1.9%)
Canadian Bonds (16.8%)
Global Bonds (1.3%)
US Bonds (6.0%)
Alternative Fixed Income (1.9%)
Private Debt (2.0%)
Mortgages (15.5%)
Canadian Stocks (0.7%)
Global Stocks (9.4%)
European Stocks (2.0%)
Other Americas Stocks (2.7%)
Asia-Pacific Stocks (3.9%)
Infrastructure (1.2%)
Private Equity (2.6%)
Real Estate (32.0%)

Traditional / Alternative Allocation As at Jan. 9, 2026

Traditional (46.4%)
Alternative (53.6%)

Top 10 Holdings As at Jan. 9, 2026