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Fund Facts

Funds can be bought as a mutual fund trust or as a part of a corporate class. Some funds can be purchased in more than one series, including Series A, Series F, Series G, Series I, Series IP, Series O, Series P, Series T, and Series V, among others. Each series option is intended for different types of investors and to help meet specific investment goals. Speak to your Financial Advisor for more information about the different series available for a fund.

The date in this section indicates the filing date of the Fund Facts document with securities regulators.

Quick Facts

This section provides legal and background information on the Fund, including:

• The date the Fund series was created and became available for investors to purchase;
• The total value of all units of the Fund held by investors—in every series —as of the indicated date;
• The management expense ratio (MER), is a measure of how much it costs a mutual fund company to operate the Fund, and thus the cost to an investor for investing in the Fund. The ratio is calculated by dividing the Fund’s operating expenses—such as administration and management fees—by the average dollar value of its total assets, to come up with a percentage;
• The portfolio manager, which is the company providing investment management services to the Fund;
• Whether the Fund earns any cash or capital distributions, and the expected frequency and date at which they are paid out;
• The minimum investment required for both the first-time purchase, and repeat purchases, of the Fund.

What does the Fund invest in?

The overview paragraph in this section tells you the type of investments in which the Fund primarily invests. If the Fund invests primarily in Canadian securities, the maximum amount that may be invested in foreign (non-Canadian) securities will also be shown. It also lists:

• The top 10 investments by dollar value. These represent the largest holdings of the Fund;
• The total number of investments held by the Fund;
• What percentage of the Fund the top 10 investments make up, by net asset value;
• The investment mix of this class of Fund, broken down by asset class, industry sector or geography, depending on what type of investments the Fund holds.

Because the information in this section can change from month to month, it is only current as of the date indicated next to each heading.

How has the Fund performed?

In this section, you can see how the Fund has performed over the past 10 years (or since inception, which is the date the Fund first became available to investors; this could be less than 10 years). The average return indicates how much $1000 invested in this class of the Fund 10 years ago (or since inception) is worth today, as well as the percentage annual compound return during this period.

A chart displaying year-by-year returns shows you how the Fund has performed in each of the 10 most recent calendar years (or each of the completed calendar years in which the Fund has been in existence).

How risky is it?

Like almost all investments, mutual funds involve some degree of risk. The level of investment risk is determined by the Fund’s investment objectives, the type of securities it invests in, as well as many other factors. A Fund’s risk level is rated as low, low to medium, medium, medium to high, or high.

Are there any guarantees?

Some investment products provide investors with guarantees, such as protection of the principal amount invested. Like most mutual funds, this Fund does not provide any guarantees.

Who is this Fund for?

This section describes the key factors to consider when deciding whether the Fund is the right investment choice for you.