Dynamic Total Return Bond Fund

Gain access to an investment strategy emphasizing fundamental and technical analysis with the objective of generating risk adjusted total returns
The managers will develop a tactical and strategic view on interest rates as well as the shape of the yield curve and position the portfolio accordingly
Flexible mandate allows for tactically trading positions to seek additional growth through capital gains in addition to interest income
Strategies to mitigate risk include active security selection, sector diversification, yield curve and duration management and portfolio diversification around interest rate volatility

col1	col12	col3
AAA 36.8%	A 15.2%	BB 1.8%
AA 20.6%	BBB 25.5%	B-N/R 0.2%

YTD	2024	2023	2022	2021	2020	2019	2018	2017	2016
1.5	2.9	6.5	-11.5	-2.8	8.0	5.1	1.6	2.7	1.7

1 month	3 months	6 months	1 year	3 years	5 years	10 years	Inception
0.4	-0.1	1.5	4.1	3.8	-0.7	1.7	2.5

Canadian Government Bonds, 3.250%, Jun. 01 35	15.7
Canada Housing Trust, 3.600% Sep. 15 35	6.5
Government of Canada, 2.75% Sep. 01 27	5.4
Province of Ontario, 4.150% Jun. 02 34	4.5
Province of Quebec, 3.10% Dec. 01 51	2.8
Province of Ontario, 2.25% Dec. 02 31	2.6
Government of Canada, 1.75% Dec. 01 53	2.6
Government of Canada, 1.25% Jun. 01 30	2.3
Province of Quebec, 4.40% Dec. 01 55	1.8
Bank of America, 3.615% Mar. 16 28	1.5
Total allocation in top holdings	45.7

^1. For the period ended 2024-06-30.
^2. This Monthly distribution is fixed but not guaranteed and may be adjusted from time to time at the discretion of the fund manager.
^3. The yield is determined by annualizing the fixed distribution rate and does not include any distributions in excess of the fixed distribution rate that may be paid at the fund’s year-end.
^4. Risk rating measures the degree of uncertainty that an investor can handle regarding fluctuations in the value of their portfolio. The amount of risk associated with any particular investment depends largely on your own personal circumstances including your time horizon, liquidity needs, portfolio size, income, investment knowledge and attitude toward price fluctuations. Investors should consult their financial advisor before making a decision as to whether this mutual fund is a suitable investment for them.

^. The benchmark used for analytics for this fund is FTSE Canada Universe Bond Index.

^. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing.

^. The indicated rates of return are the historical annual compounded total returns including changes in units [share] value and reinvestment of all distributions [dividends] and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any security holder that would have reduced returns. The rates of return are used only to illustrate the effects of the compound growth rate and are not intended to reflect future values of the mutual fund or returns on investment in the mutual fund. Investments in mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.

^. Compound growth calculations are used only for the purpose of illustrating the effects of compound growth and are not intended to reflect future value of any mutual fund or returns on investment in any mutual fund.

^. R² is a measurement out of 100 that shows the extent to which a portfolio’s movements can be explained by the benchmark's movements.

^. Standard deviation is a measure of volatility; it shows how broadly the Fund's returns have varied over a given time period.