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
-2.03 -2.03 -0.91 4.23 -5.92 -1.41

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
-1.13 -0.99 -2.03 0.39 -1.26 1.77 2.37

Growth of $ 100,000

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

YTD 20252024202320222021
-1.10 -1.10 0.04 5.22 -4.92 -0.27

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
-1.04 -0.52 -1.10 1.35 -0.26 2.88 3.52

Growth of $ 100,000

Asset Allocation As at Jan. 9, 2026

Cash & Equivalents (-0.4%)
Canadian Bonds (54.9%)
Global Bonds (4.1%)
US Bonds (20.1%)
Alternative Fixed Income (8.6%)
Private Debt (12.8%)

Traditional / Alternative Allocation As at Jan. 9, 2026

Traditional (78.6%)
Alternative (21.4%)

Top 10 Holdings As at Jan. 9, 2026