Dynamic Active Balanced ETF Portfolio

YTD	2023	2022	2021	2020	2019	2018	2017	2016
12.0	—	—	—	—	—	—	—	—

1 month	3 months	6 months	1 year	3 years	5 years	10 years	Inception
2.7	3.5	7.2	14.4	—	—	—	14.4

value	holding
27.8%	Common Stocks-US
16.6%	Common Stocks-Foreign
13.8%	Corporate Bonds - CDN
13.1%	Common Stocks-CDN
11.8%	Foreign Bonds & Debentures
6.5%	Federal Govt Bonds - CDN
4.7%	Provincial Govt Bonds - CDN
4.6%	Cash, Short-Term Investments & Other Net Assets
1.1%	Canadian - Foreign Pay Bonds

Microsoft Corporation	2.3
Visa Inc., Class "A"	1.4
NVIDIA Corporation	1.3
Amazon.com, Inc.	1.3
Enbridge Inc.	1.2
Apple Inc.	1.1
Alphabet Inc., Class "C"	1.1
Power Corporation of Canada	0.9
Medtronic PLC	0.9
Progressive Corporation (The)	0.8
Total allocation in top holdings	12.3

Province of Ontario, 3.80% Dec. 02 34	2.5
Government of Canada, 3.250% Dec. 01 34	2.0
Canada Housing Trust, 4.150% Jun. 15 33	1.9
Bank of Montreal, 4.537% Dec. 18 28	0.5
Bank of Nova Scotia (The), 3.870% Sep. 26 30	0.4
Canada Housing Trust, 4.250% Mar. 15 34	0.4
Goldman Sachs Group, Inc. (The), 2.013% Feb. 28 29	0.4
Government of Canada, 0.50% Dec. 01 30	0.4
Rogers Communications Inc., 2.90% Dec. 09 30	0.4
AtkinsRéalis Group Inc., 5.70% Mar. 26 29	0.3
Total allocation in top holdings	9.2

Dynamic Active Global Equity Income ETF	19.1
Dynamic Active Canadian Dividend ETF	14.9
Dynamic Active U.S. Equity ETF	13.6
Dynamic Active Tactical Bond ETF	12.9
Dynamic Active International Dividend ETF	10.2
Dynamic Active Discount Bond ETF	8.1
Dynamic Active U.S. Investment Grade Corporate Bond ETF	8.1
Dynamic Active Canadian Bond ETF	6.1
Dynamic Active Crossover Bond ETF	4.8
Dynamic Active Emerging Markets ETF	1.8

holding	val
Dynamic Active Global Equity Income ETF	19.1
Dynamic Active Canadian Dividend ETF	14.9
Dynamic Active U.S. Equity ETF	13.6
Dynamic Active Tactical Bond ETF	12.9
Dynamic Active International Dividend ETF	10.2
Dynamic Active Discount Bond ETF	8.1
Dynamic Active U.S. Investment Grade Corporate Bond ETF	8.1
Dynamic Active Canadian Bond ETF	6.1
Dynamic Active Crossover Bond ETF	4.8
Dynamic Active Emerging Markets ETF	1.8

^1. 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.

^. 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.