pooled fund survey fund surve… · § data received after the submission deadline may not be...

2018

Q3Pooled Fund Survey

Table of Contents

01 INTRODUCTION

02 SUMMARY OF MANDATE MEDIANS AND INDEX RETURNS

04 BALANCED

07 CANADIAN EQUITY

12 CANADIAN EQUITY (CORE)

14 CANADIAN EQUITY (GROWTH)

15 CANADIAN EQUITY (VALUE)

16 CANADIAN EQUITY (INCOME)

17 CANADIAN EQUITY (GARP)

18 CANADIAN EQUITY (QUANTITATIVE)

19 DIVERSIFIED CANADIAN EQUITY

20 CANADIAN SMALL CAP

22 GLOBAL EQUITY

25 US EQUITY

28 US LARGE CAP EQUITY

30 US LARGE/MID CAP EQUITY

31 US SMALL CAP EQUITY

32 NORTH AMERICAN EQUITY

33 NON NORTH AMERICAN EQUITY

36 EMERGING MARKETS

38 CANADIAN BONDS

41 GLOBAL BONDS

42 CORPORATE BONDS

43 HIGH YIELD BONDS

44 LONG DURATION BONDS

46 REAL RETURN BONDS

47 SHORT TERM BONDS

48 MONEY MARKET

50 REAL ESTATE

51 MORTGAGE

52 TARGET DATE 2020

53 TARGET DATE 2025

54 TARGET DATE 2030

55 TARGET DATE 2035

56 TARGET DATE 2040

57 TARGET DATE 2045

58 TARGET DATE 2050

59 TARGET DATE 2055

Introduction

The Pooled Fund Survey, produced by the Risk and Investment Analytics Group at RBC Investor & Treasury Services (RBC I&TS), includes contributions from over 90 asset managers, covering more than 700 unique funds that are available to Canadian institutional investors. Data contained in the survey is reported on the following basis:

§ All returns are shown gross of management fees and in Canadian dollars

§ Rates of return (ROR) are annualized for periods of more than one year

§ Percentile rankings (PR) and median values are calculated based on the data submitted for this quarter's report

§ If no fund data is submitted for specific mandates, the mandates may not be included in the current quarterly report

§ Data received after the submission deadline may not be included in the current quarterly report

§ Pooled fund performance data re-statements submitted after the release of the quarterly survey will be reflected in the next quarterly report

With over 30 years of experience, the Risk and Investment Analytics Group provides one of the industry’s largest and most comprehensive universes of Canadian pension plans from a database of more than 3,000 managed portfolios. Sophisticated applications and data management processes, combined with highly trained employees, offer a broad range of analytical solutions to help clients manage their investment decisions. Our solutions provide clients with:

§ Greater insight into a portfolio's performance and risk profile§ Enhanced investment governance with an objective, third-party perspective§ Operational efficiencies resulting from RBC I&TS’ scale and expertise

About RBC Investor & Treasury Services

RBC Investor & Treasury Services is a specialist provider of asset services, custody, payments and treasury services for financial and other institutional investors worldwide, with over 4,000 employees in 17 countries across North America, Europe, Asia and Australia. We deliver services to safeguard client assets, underpinned by client-centric digital solutions, which continue to be enhanced and evolved in line with our clients’ changing needs. Trusted with $4.2 trillion in client assets under administration, (1) RBC I&TS has been rated by our clients as the #1 global custodian for eight consecutive years(2) and is a financially strong partner with among the highest credit ratings globally.(3)

(1) RBC quarterly results released August 22, 2018(2) Global Custody Survey, Global Investor Group, 2011 to 2018, unweighted(3) Standard & Poor’s (AA-) and Moody’s (Aa2) of Royal Bank of Canada as of August 22, 2018, compared to the top 10 global custodians by client assets under administration

RBC INVESTOR & TREASURY SERVICES | POOLED FUND SURVEY | PER IOD ENDING SEPTEMBER 30, 2018 PAGE 1 OF 59

Period ending September 30, 2018

Medians and indices

1 quarter

ROR - %

1 year 2 years 3 years 4 years 5 years 10 years

ROR - % ROR - % ROR - % ROR - % ROR - % ROR - %

0.57 6.58 6.34 7.38 6.75 8.58 7.74Balanced Median

-0.25 6.32 7.78 9.94 6.05 8.96 7.69Canadian Equity Median

-0.57 5.87 7.52 9.70 4.87 7.80 6.30S&P/TSX Composite Index

-0.59 6.62 7.99 9.53 6.26 9.02 7.04Canadian Equity (Core) Median

-0.03 7.76 9.03 10.37 6.43 9.58 7.88Canadian Equity (Growth) Median

0.00 5.80 8.35 10.88 5.34 7.87 7.74Canadian Equity (Value) Median

1.08 5.20 7.70 10.21 6.16 9.05 8.88Canadian Equity (Income) Median

-0.21 6.12 7.99 9.74 6.23 9.00 7.36Canadian Equity (GARP) Median

-1.48 6.45 6.56 8.61 6.67 9.17 7.99Canadian Equity (Quantitative) Median

0.45 8.10 9.12 10.01 7.10 9.71 7.79Diversified Canadian Equity Median

-1.01 5.37 3.47 9.53 3.60 7.57 9.37Canadian Small Cap Median

-1.15 1.63 2.86 11.69 2.69 5.09 7.11BMO Weighted Blended SmCap Index

2.30 13.54 12.80 12.16 12.83 14.04 11.08Global Equity Median

5.48 21.32 16.86 14.90 15.63 17.71 13.63US Equity Median

5.84 21.87 17.28 15.89 16.72 19.29 14.17S&P 500 (CAD)

6.06 21.17 16.87 15.37 15.93 18.41 13.63US Large Cap Median

4.70 23.57 17.64 14.38 15.29 18.19 13.34US Large/Mid Cap Median

3.45 19.89 17.02 14.02 15.74 16.26 15.24US Small Cap Median

1.78 19.10 16.98 15.70 17.12 16.28 13.31Russell 2000 (CAD)

1.24 13.79 12.94 10.51 10.65 13.04 11.18North American Equity Median

-0.86 6.07 9.79 8.73 9.05 9.97 8.29Non North American Equity Median

-2.74 2.56 9.29 11.49 8.23 9.05 8.15Emerging Markets Median

-0.79 1.80 -0.30 1.95 2.65 3.44 4.77Canadian Bond Median

-0.96 1.66 -0.68 1.60 2.51 3.26 4.44FTSE TMX Cda Universe

-1.87 0.01 0.83 2.72 4.43 5.53 6.71Global Bond Median

-3.33 1.77 -2.92 0.45 3.99 4.90 4.22FTSE WGBI (CAD)

-0.35 2.53 1.39 3.19 3.55 4.22 5.99Corporate Bond Median

-0.46 2.10 0.86 2.65 2.98 3.69 5.54FTSE TMX Canada All Corporate Bond

1.02 3.79 5.67 6.60 5.07 5.83 8.03High Yield Bond Median

1.04 6.38 8.81 9.21 5.28 6.10 7.48FTSE TMX Canada High Yield Bond

-2.42 3.72 -1.24 3.31 4.34 5.72 6.80Long Duration Bond Median

Summary of Mandate Medians and Index Returns


Summary of Mandate Medians and Index Returns

Period ending September 30, 2018

Medians and indices

1 quarter

ROR - %

1 year 2 years 3 years 4 years 5 years 10 years

ROR - % ROR - % ROR - % ROR - % ROR - % ROR - %

-2.43 3.60 -1.29 3.15 4.22 5.61 6.73FTSE TMX Canada Long Term Overall Bond

-2.19 4.91 -1.41 1.78 2.18 3.62 4.99Real Return Bond Median

-2.21 4.91 -1.44 1.80 2.19 3.64 5.03FTSE TMX Canada Real Return Bond Overall Index

0.12 1.13 0.56 1.21 1.66 2.04 3.22Short Term Bonds Median

0.01 0.82 0.06 0.71 1.29 1.61 2.80FTSE TMX Canada Short Term Overall Bond

0.40 1.36 1.06 0.92 0.93 0.97 1.04Money Market Median

0.31 1.15 0.81 0.69 0.71 0.76 0.84FTSE TMX Canada 91 Day T-Bill

2.20 9.07 8.18 6.75 7.06 7.18 6.81Real Estate Median

0.07 2.22 1.88 1.70 1.53 1.63 1.46Consumer Price Index CAD

0.03 2.71 1.10 2.38 3.04 3.66 4.74Mortgages Median

0.73 2.44 2.66 2.91 3.08 3.48 4.79FTSE TMX Canada Mortgage

0.25 5.21 4.64 6.03 5.77 7.21 6.87Target Date 2020 Median







0.62 9.07 9.34 10.00 8.18 10.20Target Date 2055 Median


Period ending September 30, 2018 Four year periods ending September 30

Balanced

Fund nameInceptiondate

1 quarter

ROR-% PR

1 year 2 years 3 years 5 years 10 years 2018 2017 2016 2015

ROR-% PR ROR-% PR ROR-% PR ROR-% PR ROR-% PR ROR-% PR ROR-% PR ROR-% PR ROR-% PR

Jun-14 0.95 9.08 6.44 47 7.65 46 7.46 24Addenda Balanced Pooled Fund 826

Mar-93 -0.11 5.28 5.62 71 8.13 28 5.14 100 4.82 2.44100 100 5.10 100 3.78 100 1.97 100AGF Pooled High Income Fund 7788

Jan-91 0.65 6.58 8.13 16 9.19 8 9.06 25 8.47 7.5622 20 9.68 17 10.68 33 10.70 43Beutel Goodman Balanced Fund 5041

Jul-93 0.49 7.75 7.30 28 8.24 25 9.53 10 8.01 7.6642 18 9.97 12 11.43 16 11.44 20BMO AM Balanced Fund 3060

Feb-95 0.03 7.37 7.70 24 7.91 38 8.12 64 7.91 5.9144 76 8.31 69 9.89 54 10.59 45BonaVista Balanced Fund 3578

Jul-95 0.83 8.52 8.36 13 8.59 17 8.97 28 8.28 6.5725 55 9.08 45 10.61 35 11.33 27BonaVista Private Balanced Fund 1431

Oct-02 1.79 8.24 6.30 54 8.11 29 9.29 18 9.34 7.788 15 9.55 24 12.18 8 12.60 11Burgundy Balanced Foundation Fund 204

Mar-12 1.68 8.28 5.87 67 7.82 41 9.12 24 7.45 26 9.33 31 12.28 8Burgundy Balanced Foundation Fund II 197

Oct-02 1.56 7.34 6.26 56 8.50 19 8.99 28 9.20 7.529 22 9.40 30 11.64 13 11.57 19Burgundy Balanced Pension Fund 369

Mar-12 1.45 6.90 5.30 78 7.58 48 8.67 42 7.02 40 9.12 42 11.81 11Burgundy Balanced Pension Fund II 4410

Dec-85 0.54 7.35 6.22 60 7.37 51 8.28 56 8.08 6.3036 62 8.51 64 10.53 38 10.78 42CC&L Genesis Fund 3656

Jul-99 0.57 7.32 6.21 61 7.37 52 8.30 54 8.17 6.3331 60 8.54 62 10.59 36 10.85 37CC&L Group Balanced Plus Fund II 3750

Nov-88 1.08 5.58 6.31 52 7.17 63 8.58 50 8.43 6.9923 42 9.34 31 11.35 17 12.27 13CI Portfolio Series Balanced Fund 7518

Jun-97 -0.11 7.17 8.79 10 7.80 42 8.48 51 8.60 6.4618 58 8.81 51 8.83 78 10.39 49CI Signature Canadian Balanced Fund 3989

Feb-11 1.34 4.60 4.79 82 5.91 88 6.80 84 5.47 82 7.35 81 8.99 71 11.01 34CI Signature Diversified Yield II Fund 8411

Feb-07 1.26 11.81 11.08 2 8.69 16 11.03 4 10.55 9.832 2 10.84 5 12.71 6 15.23 2CI Signature Global Income & Growth Fund 214

Nov-00 0.29 7.75 9.75 5 8.76 14 8.89 32 9.06 6.9311 47 9.17 39 9.36 65 11.33 28CI Signature Income & Growth Fund 3067

Mar-88 0.09 5.72 5.30 78 7.05 70 7.08 82 7.15 5.8076 79 7.42 80 8.69 80 8.76 81CIBC Balanced Pool 7376

Dec-90 -0.27 7.08 6.36 49 7.25 60 8.91 30 8.21 7.0428 38 9.38 30 11.01 25 11.45 20Cidel Canadian Balanced Fund 4094

Dec-12 2.48 7.81 10.59 4 11.88 2 10.01 8 8.17 9 10.57 7Eterna Income Fund 261

Mar-08 -0.01 6.51 5.40 76 6.43 80 8.68 40 8.07 6.9037 48 9.23 34 10.74 32 11.34 26Fidelity Strategic Balanced Institutional Trust 5281

Mar-11 0.56 6.21 6.52 45 7.07 68 8.09 68 6.61 53 8.56 60 10.05 51 10.97 35Fidelity Tactical Asset Allocation Institutional Trust 6451

Aug-84 1.28 8.48 7.33 28 8.48 20 9.32 16 8.14 7.8833 13 9.53 26 10.89 28 10.79 40Fiera Sceptre Balanced Core Fund 1513

Jul-91 -0.26 3.87 5.50 74 7.71 44 6.83 84 8.18 4.8330 90 7.59 77 9.67 61 9.81 64Franklin Bissett Canadian Balanced Fund 9593

May-88 1.75 4.92 6.91 37 9.61 6 7.29 80 8.53 5.0620 87 7.89 75 8.75 80 8.17 84Franklin Bissett Dividend Income Fund 805

Aug-02 0.60 6.05 6.20 64 6.55 78 8.11 65 8.04 6.3139 61 8.63 58 10.46 42 10.46 48Franklin Quotential Balanced Growth Portfolio 6746

Nov-96 -0.13 4.23 5.47 74 7.13 66 7.78 72 8.92 6.0213 72 8.69 55 11.07 21 11.08 32Franklin Templeton Institutional Balanced Trust 8990

Feb-06 0.52 6.01 5.60 72 7.06 69 8.03 69 6.91 6.0886 68 8.54 62 9.17 68 9.07 76GEM Balanced Pool 6958

Jan-92 0.79 7.94 7.86 19 7.72 44 9.23 20 7.43 7.7966 14 9.56 23 10.12 49 10.78 41Greystone Balanced Fund 2235

Apr-15 0.88 7.88 7.84 19 7.86 39Greystone Balanced Plus Fund 2328

Apr-05 0.97 8.30 9.18 6 8.89 12 8.66 43 7.56 7.4459 26 8.75 52 9.83 57 9.78 65Gryphon Balanced Fund 1924

Sep-95 0.62 6.36 6.24 58 7.15 65 8.27 56 6.78 6.4888 58 8.75 52 8.89 74 9.00 79Guardian Balanced Fund 6244

Oct-12 0.64 4.14 3.75 91 5.42 91 6.55 88 4.76 92 7.16 84Guardian Balanced Income Fund 9242



Balanced


1 quarter

ROR-% PR



Apr-15 0.54 5.19 4.77 82 6.05 86Guardian Managed Income Fund 7855

Apr-15 0.92 7.06 7.10 32 7.93 37Guardian Manged Income & Growth Fund 4127

Jan-85 0.64 7.63 6.68 43 7.33 56 8.25 58 7.60 6.5758 55 8.41 66 9.76 58 10.00 59GWL Canadian Diversified Investment Fund 1 3242

Apr-98 0.77 8.41 7.40 27 7.97 35 9.35 14 8.02 6.9541 45 9.59 20 11.10 20 11.16 31GWL Canadian Equity/Bond Fund 1 1636

Nov-84 -0.56 3.35 2.97 97 4.81 97 5.57 96 5.84 4.3198 96 6.13 96 6.36 96 5.63 96GWL Income Investment Fund 1 9897

Oct-98 1.06 7.81 6.83 40 7.58 48 8.84 34 7.42 7.3567 29 9.10 43 10.20 47 10.31 51Highstreet Balanced Fund 2618

Feb-10 0.70 4.86 4.30 88 5.17 94 6.01 92 4.92 89 6.30 94 7.07 90 7.11 90Highstreet Conservative Balanced Fund 8139

Dec-01 0.27 6.21 6.93 35 8.27 22 8.89 31 7.67 7.1354 32 9.58 21 10.48 41 10.17 56HSBC Canadian Balanced Fund (Institutional Series) 6468

Aug-05 2.12 19.95 18.12 1 16.58 1 16.93 1 15.12 16.441 1 16.19 1 16.68 1 18.37 1HughesLittle Balanced Fund 13

Jan-87 -0.35 6.03 4.38 87 6.10 84 8.11 64 7.52 6.0661 69 8.64 57 10.25 46 10.08 58Industrial Alliance Diversified Fund 6895

Dec-98 -0.09 6.73 5.39 76 6.68 75 8.68 39 7.83 6.1146 66 9.18 36 10.89 28 11.01 34Industrial Alliance Diversified Opportunity Fund 4786

Dec-98 -0.51 4.26 2.69 99 4.05 100 6.49 88 6.56 4.8492 90 7.06 86 7.99 86 8.07 84Industrial Alliance Diversified Security Fund 8896

Jan-88 -0.08 6.39 6.24 58 7.36 54 8.59 47 7.08 7.0580 37 9.15 41 9.79 58 9.91 62Integra Balanced Fund 5986

Jun-87 -0.05 6.36 6.20 64 7.38 50 8.67 42 7.12 7.0678 36 9.26 33 9.92 54 9.93 61Integra Diversified Fund 6284

Jun-92 -1.19 3.96 3.69 91 5.66 89 7.46 76 7.41 5.4168 82 8.35 68 11.07 22 11.37 24Invesco (Growth) 94100

Oct-99 0.82 5.66 7.71 24 7.35 55 9.08 24 8.82 8.0914 10 9.95 12 12.44 7 14.06 6Invesco (Trimark Global Balanced) 7432

Sep-87 2.63 6.41 8.82 9 9.81 4 9.54 10 8.77 7.7115 17 10.34 9 11.77 11 12.10 14Invesco (Trimark Income Growth) 581

Jul-00 0.11 3.63 3.21 95 6.07 85 5.17 99 5.85 2.5398 100 5.56 99 7.64 88 9.53 68J Zechner Associates Inc Balanced Fund 9674

Apr-97 0.61 6.06 5.95 66 7.05 70 8.83 34 8.22 6.9627 44 9.53 26 11.45 16 12.13 14Jarislowsky Fraser Balanced Fund 6645

Dec-03 0.98 8.77 8.47 12 8.00 34 7.43 77 9.55 5.906 78 7.10 86 8.18 82 9.92 62JCIC Balanced Fund 1223

Nov-09 0.74 8.42 11.73 2 10.83 3 8.17 61 7.09 33 8.11 72 5.97 97 6.43 92Kingwest Balanced Portfolio 1638

Jan-01 0.57 6.41 7.80 21 9.13 9 8.62 45 8.13 6.7034 51 9.17 37 10.36 45 10.43 48Leith Wheeler Diversified Pooled Fund 5850

Jul-05 0.99 6.45 9.12 7 9.12 9 9.22 21 8.61 7.5218 22 9.92 13 12.22 8 12.73 10Letko Brosseau RSP Balanced Fund 5622

Sep-00 1.25 6.48 5.72 69 7.20 61 7.25 80 7.18 6.0372 71 7.45 79 9.67 61 9.30 71Lincluden Balanced Fund - Series O 5314

Feb-07 0.55 3.04 3.45 94 5.20 93 5.81 94 6.33 4.5194 95 6.51 91 8.01 85 7.89 87Lincluden Income Plus Pooled Fund 9854

Jul-81 0.01 6.47 6.29 54 6.56 77 7.78 72 6.79 6.1688 65 8.11 72 8.82 78 9.55 67London Life Diversified Fund (LC) 5479

Jun-05 -0.02 5.95 6.34 50 6.12 84 7.60 74 7.05 5.9583 75 8.02 74 9.21 68 10.25 54Manulife Asset Management Diversified Fund 7082

Feb-99 1.04 9.03 7.15 31 8.25 24 10.52 6 10.01 9.024 6 10.90 4 13.76 2 14.50 3Mawer Balanced Pooled Fund 919

Jul-13 1.72 11.58 8.15 15 8.72 15 11.19 2 10.02 2 11.10 3Mawer Global Balanced Fund 26

Jan-88 1.00 8.78 7.02 33 8.06 31 10.33 6 9.93 8.824 6 10.72 6 13.59 3 14.43 4Mawer Tax Effective Balanced Fund 1222

Mar-99 0.23 7.68 6.93 35 7.24 60 8.80 36 7.60 7.2057 31 9.09 44 10.50 39 11.06 32MFS Balanced Fund 3269

Sep-91 0.47 9.15 7.78 22 8.26 23 9.52 11 7.74 8.2250 8 9.61 18 11.03 24 11.26 29MFS Balanced Growth Fund 761

Aug-01 0.18 4.60 4.65 84 6.38 80 8.58 50 7.73 6.8051 49 9.60 19 11.78 11 11.99 16MFS Balanced Value Fund 8472



Balanced


1 quarter

ROR-% PR



Jul-05 -0.19 4.10 2.51 100 3.88 100 5.89 94 5.91 4.7096 93 6.35 94 7.87 87 8.14 84MFS LifePlan Retiree Fund 9291

Aug-00 0.55 7.81 6.57 44 6.88 73 8.73 37 7.50 6.9963 42 8.97 48 10.79 30 11.37 24MFS Responsible Balanced Fund 2653

Sep-95 0.53 9.59 6.91 37 8.06 32 7.84 71 7.07 6.0881 68 7.41 80 8.89 74 8.92 80Montrusco Bolton Balanced Fund 557

Sep-88 -0.04 6.93 6.82 40 8.14 28 9.22 20 7.85 7.4446 27 9.81 16 10.75 31 10.45 48PH&N Balanced Pension Trust 4383

Dec-96 -1.01 1.59 2.87 97 4.96 96 5.20 98 7.18 3.3672 97 6.13 96 8.89 74 9.03 78QV Investors Canadian Balanced Fund 10099

Jul-17 0.88 9.16 7.50 26 7.82 41 9.30 17 7.68 7.6354 19 9.34 31 11.13 19 11.55 19RBC Vision Balanced Fund 728

Feb-92 0.81 6.86 7.94 17 9.00 11 8.60 46 7.76 7.0749 34 9.04 46 9.55 64 9.32 70Scheer Rowlett Balanced Fund 4534

Jul-97 0.07 4.31 4.50 85 6.58 76 8.18 61 7.39 6.0070 73 9.17 40 11.18 18 11.41 22SEAMARK Balanced Pooled Fund 8776

Jun-13 0.34 5.80 5.06 80 6.28 81 7.38 78 7.15 5.9076 78 7.78 76 8.93 72 9.34 70SEI Balanced 50/50 Fund 7266

May-01 0.43 6.59 6.20 63 7.17 62 8.23 59 7.49 6.6664 52 8.65 56 9.90 54 10.30 52SEI Balanced 60/40 Fund 5062

Jun-03 0.11 4.80 6.39 48 8.47 20 6.72 86 6.56 5.3292 84 7.21 83 6.94 92 5.94 95Sionna Balanced Pooled Fund 8274

Dec-09 0.38 4.89 4.15 89 5.49 90 6.12 91 5.29 85 6.43 92 6.75 93 6.60 92Sun Life Financial Granite Retirement Seg Fund 8064

Feb-09 0.82 7.79 6.78 41 8.04 33 9.45 13 7.96 12 9.87 15 11.61 14 11.80 17Sun Life Granite Balanced Segregated Fund 2833

Feb-09 0.19 4.21 3.56 93 5.09 95 6.42 89 5.28 86 6.98 88 8.04 84 8.00 85Sun Life Granite Conservative Segregated Fund 9071

Feb-09 1.23 10.26 8.73 10 9.73 5 11.35 2 9.58 4 11.62 2 13.83 2 14.11 6Sun Life Granite Growth Segregated Fund 415

Feb-09 0.61 6.46 5.65 70 7.00 72 8.41 52 7.04 38 8.90 49 10.44 43 10.60 45Sun Life Granite Moderate Segregated Fund 5546

Apr-92 0.35 6.79 6.32 52 7.34 56 8.09 68 7.03 6.3084 62 8.41 66 9.19 68 9.09 75TD Emerald Balanced Fund Passive 4665

Fund Count 83 83 83 83 79 65 80 76 79 82

Average Return 0.59 6.81 6.57 7.55 8.36 7.89 6.71 8.73 9.89 10.19

5th Percentile 1.75 9.63 9.79 9.70 10.68 9.79 9.18 10.84 13.01 14.21

1st Quartile 0.96 7.82 7.58 8.23 9.06 8.31 7.45 9.54 11.01 11.36

Median 0.57 6.58 6.34 7.38 8.58 7.74 6.75 8.86 10.08 10.35

3rd Quartile 0.10 5.58 5.44 6.66 7.55 7.16 5.94 7.89 8.88 9.10

95th Percentile -0.37 3.83 3.23 5.08 5.73 6.07 4.49 6.23 6.48 5.94



Canadian Equity


1 quarter

ROR-% PR



Oct-06 -0.89 5.37 6.86 71 10.13 46 9.45 29 6.44 6.7380 24 10.49 22 10.70 38 9.12 54Addenda Canadian Equity Pooled Fund 6874

Sep-03 1.08 7.66 10.08 13 12.41 12 11.63 2 10.42 9.196 4 12.65 2 15.01 3 14.37 2Beutel Goodman Canadian Dividend Fund 2516

Jan-91 0.38 7.40 9.86 16 11.51 20 10.12 14 9.58 7.1311 18 10.81 16 12.84 10 12.11 4Beutel Goodman Canadian Equity Fund 2929

Sep-97 -0.66 6.36 8.32 40 9.25 71 7.40 82 6.87 4.8968 71 7.66 85 7.11 96 7.06 83BlackRock Active Canadian Equity Fund 4969

Oct-11 -0.56 7.72 7.91 48 8.89 75 7.55 80 4.85 74 7.51 88 7.89 84BlackRock Canada Alpha Advantage 2262

Jul-93 -0.55 5.93 7.55 56 9.73 55 7.83 70 6.33 4.9085 70 8.31 69 7.80 86 6.59 86BlackRock Canadian Equity Index Class A 5561

Jul-10 -0.78 5.57 8.02 46 9.57 62 8.97 50 6.02 51 9.84 39 9.25 67 8.83 60BMO AM Canadian Core Alpha Fund 6472

Aug-92 -1.49 4.37 7.88 49 9.74 54 8.85 52 6.45 38 10.00 35 10.93 35 9.66 47BMO AM Canadian Equity Fund 7882

Jun-11 -0.82 3.13 6.56 75 9.30 69 10.17 12 7.32 16 12.01 4 12.31 16 11.23 13BMO AM Canadian Smart Alpha Equity Fund (formerly Liability Sensitive Equity Fund) 8873

Feb-95 -0.14 8.08 10.55 7 11.23 23 9.21 40 8.76 5.9222 55 9.49 48 11.13 29 11.35 11BonaVista Canadian Equity Fund 1745

Mar-12 1.09 3.35 5.56 86 9.20 72 6.11 94 2.79 95 6.81 96 9.53 61Burgundy Canadian Large Cap Equity Fund 8616

May-99 1.30 5.46 8.35 40 10.56 31 7.07 84 9.19 4.4216 80 7.47 89 9.14 69 9.77 44Burgundy Focus Canadian Equity Fund 6713

Nov-91 -1.49 5.91 5.78 84 8.59 82 9.20 40 8.05 5.4938 60 10.04 32 12.34 15 11.72 6CC&L Canadian Equity Fund 5682

Dec-12 0.99 5.29 7.13 66 10.15 45 10.27 10 7.07 19 11.56 7CC&L Equity Income & Growth Fund 7019

Dec-91 -1.48 7.14 7.13 66 9.60 61 9.27 36 8.22 6.0533 50 9.80 39 11.45 24 10.79 24CC&L Group Canadian Equity Fund 3482

Dec-01 -1.46 8.40 8.51 36 10.64 30 9.35 32 8.25 6.6331 29 9.59 46 10.53 44 9.80 42CC&L Q Canadian Equity Core Fund 1581

Dec-00 -2.11 10.49 9.13 28 10.90 27 10.13 13 8.85 7.3920 14 10.05 32 12.40 13 11.61 7CC&L Q Canadian Equity Growth Fund 688

Dec-11 -0.36 4.36 4.64 90 7.95 89 9.92 20 6.33 41 11.35 9 16.89 2CI Cambridge All Canadian Equity Fund 7854

Jul-16 -0.78 2.81 3.99 93CI Cambridge Canadian Institutional Equity Fund 9172

Oct-96 1.69 6.90 9.28 25 10.21 42 9.38 31 9.47 7.4512 13 10.01 35 10.71 38 11.00 16CI Signature Dividend Fund 407

Jul-99 0.23 3.84 7.01 68 10.06 48 7.11 84 6.75 4.2972 82 7.94 80 7.80 86 7.17 82CIBC Canadian Equity All Cap Value Pool 8234

Dec-11 -0.38 6.09 8.47 37 11.13 24 6.42 90 4.16 84 6.50 97 6.53 98CIBC Canadian Equity Large Cap Dividend Value Pool 5256

Jul-97 -0.56 5.81 7.47 59 9.62 60 7.75 74 6.28 4.8290 77 8.24 73 7.74 90 6.55 90CIBC Canadian Equity S&P/TSX Index Pool 6163

Apr-96 -3.43 -1.68 -1.35 99 6.62 98 5.57 97 8.81 2.1721 98 7.47 89 10.08 56 6.20 93CIBC Canadian Equity Small Cap Pool 10097

Dec-00 -1.40 2.46 5.26 88 7.09 95 6.65 87 7.21 3.4360 92 7.73 83 9.43 62 9.75 45Cidel Canadian Equity Fund 9280

Dec-98 0.50 2.71 7.09 66 10.15 45 9.13 44 9.25 6.7114 25 10.80 17 12.14 17 11.47 8Cidel Canadian Total Return Equity Pooled Fund 9127

Oct-14 0.64 5.53 6.61 74 9.05 73 3.04 94Dixon Mitchell Canadian Equity Fund 6624

Apr-11 5.49 15.03 11.13 4 13.12 8 9.82 22 7.68 11 8.55 66 11.97 19 13.03 3Dixon Mitchell Small Cap Fund 21

Dec-12 -0.25 8.31 12.02 2 13.69 4 9.53 26 6.70 26 9.84 39Eterna Canadian Equity Fund 1650

Jan-14 -0.06 0.89 8.62 34 12.29 13 10.36 2Eterna Quebec Equity Fund 9542

Jul-02 -0.32 5.25 7.29 62 8.77 78 9.60 24 7.93 6.7841 22 10.71 19 11.33 25 10.53 28Fidelity Canadian Core Equity Institutional Trust 7152

Mar-11 -0.44 7.55 7.96 47 9.24 71 10.86 6 7.37 15 11.70 6 14.83 4 14.45 2Fidelity Canadian Focused Equity Institutional Trust 2758

Jul-12 0.55 4.72 5.54 86 8.08 87 9.78 22 6.50 35 11.08 12 13.81 6Fidelity Canadian Low Volatility Institutional Trust 7426



Canadian Equity


1 quarter

ROR-% PR



Oct-02 -0.06 6.39 7.26 63 8.73 79 10.04 17 8.46 7.1826 17 10.97 14 12.06 18 11.38 10Fidelity Canadian Systematic Equity Institutional Trust 4942

Nov-97 1.00 8.48 8.06 45 9.84 51 9.07 46 6.85 6.1969 47 9.21 57 9.63 60 8.96 58Fiera Capital Canadian Equity - Core Fund 1419

Jan-94 -4.05 6.32 10.62 6 11.69 17 7.71 76 8.23 5.0032 67 8.06 79 10.12 56 10.61 26Fiera Capital Canadian Equity - Opportunities Fund 5099

Dec-88 1.52 13.66 2.70 96 8.66 80 9.09 46 10.67 3.984 86 7.97 80 14.91 4 11.65 7Fiera Capital Canadian Equity - Small Cap Core Fund 210

Feb-04 -3.52 6.78 10.24 10 11.78 16 7.53 80 8.22 4.8234 77 7.72 84 10.19 53 10.47 30Fiera Capital Canadian Equity ESG - Opportunities Fund 4297

Oct-09 -1.24 -0.07 5.10 89 8.84 75 5.79 96 2.56 97 7.31 92 9.31 66 7.91 70Fiera Capital High Income Equity 9677

Jan-93 -1.38 7.36 11.28 4 13.24 6 8.46 60 8.44 5.8727 56 8.73 65 10.23 53 9.37 52Foyston, Gordon and Payne Canadian Equity 3079

Mar-83 0.35 3.48 6.37 78 10.26 40 8.68 56 9.94 5.058 66 10.02 34 12.75 10 11.97 5Franklin Bissett Canadian Equity Fund 8530

Sep-12 2.91 14.15 12.19 2 13.15 8 11.74 2 8.02 8 11.14 11 12.75 10Galibier Canadian Equity Pool 23

Feb-06 -0.20 6.58 8.64 34 10.48 32 8.68 56 6.96 6.3566 40 9.22 57 9.21 68 8.57 64GEM Canadian Equity Pool 4546

Mar-96 -0.99 4.62 6.50 76 6.27 100 6.95 85 5.10 3.84100 87 7.54 87 8.24 80 9.04 56Greystone Canadian Equity Fund 7675

Dec-97 0.48 3.87 6.22 80 6.67 98 6.43 90 7.17 3.4062 92 7.08 94 7.09 96 7.63 76Greystone Canadian Equity Income & Growth Fund 8228

Sep-07 0.76 10.73 12.26 2 12.82 10 9.24 37 6.99 6.6165 30 8.87 62 9.93 58 8.96 58Gryphon Canadian Equity Fund 522

Mar-69 0.19 7.28 8.27 41 10.30 39 9.15 43 7.55 6.5153 34 9.63 44 10.00 57 9.86 39Guardian Canadian Equity Fund 3236

Aug-16 -0.10 3.83 6.63 73Guardian Canadian Equity Select Fund 8243

Dec-15 -0.22 10.24 10.83 5Guardian Canadian Focused Equity Fund 748

Jul-86 -0.44 7.09 6.27 79 9.33 68 7.35 82 7.95 4.3341 81 7.42 91 9.94 58 7.51 78Guardian Canadian Growth Fund 3558

Aug-03 0.19 2.41 4.24 92 7.58 92 6.03 94 9.28 3.2514 93 6.96 95 8.08 82 8.20 68Guardian Equity Income Fund 9336

Sep-12 -0.21 4.65 5.86 82 8.25 86 6.35 91 3.56 90 6.78 96 7.49 93Guardian Growth & Income Fund 7547

Jan-70 1.56 9.88 9.03 29 10.38 36 10.17 12 7.88 6.8944 21 10.24 26 11.49 24 10.46 30GWL Canadian Equity Fund 2 99


Feb-64 -0.62 5.80 7.48 59 9.64 59 7.77 73 6.26 4.8591 74 8.27 72 7.74 90 6.50 92GWL Canadian Equity Index Fund 6268

Nov-97 1.33 5.19 8.15 42 10.21 42 9.23 38 9.03 6.2718 44 10.26 26 11.10 30 10.58 27GWL Dividend Fund (G) 7212

Dec-00 1.74 9.63 9.03 29 10.43 34 9.58 24 7.69 6.1350 48 9.57 46 10.56 42 9.84 40GWL Ethics Fund 9.02G 106

Nov-97 2.91 9.70 6.52 76 11.72 16 10.35 10 10.90 8.032 8 10.51 22 13.42 7 10.23 34GWL Mid Cap Canada Fund (G) 103

Jul-09 2.02 6.00 8.45 38 10.37 36 9.11 45 6.51 34 9.91 37 10.82 36 10.49 29Heward Canadian Dividend Growth Fund 535

Sep-06 -2.40 -1.40 1.32 97 7.05 96 6.19 93 6.57 4.0474 86 8.18 74 7.57 92 5.10 96Hexavest Canadian Equity Fund 9991

Oct-98 -1.03 5.30 7.01 68 9.42 66 10.75 7 7.23 7.7460 10 12.15 4 13.25 8 11.73 6Highstreet Canadian Equity Fund 7076

Jan-10 -2.03 6.62 7.55 56 9.99 49 9.52 27 6.65 28 10.25 26 12.28 16 10.98 18Hillsdale Canadian Core Equity Fund 4487

Mar-09 -3.32 8.96 9.30 24 23.87 1 16.97 1 15.41 1 19.06 1 21.48 1 10.65 25Hillsdale Canadian Micro Cap Equity Fund 1296

Jan-96 -2.81 8.46 6.63 73 16.02 2 11.38 3 9.01 9.3118 4 12.13 4 14.61 4 10.10 36Hillsdale Canadian Small Cap Equity Fund 1494

Dec-96 0.28 6.77 9.95 15 11.59 19 10.08 15 7.87 7.9245 9 10.93 15 11.18 28 10.24 33HSBC Canadian Dividend Income Pooled Fund 4233

Oct-97 -0.23 7.09 10.10 12 12.07 14 10.27 10 7.42 7.9456 8 11.08 12 10.57 41 9.07 55HSBC Canadian Equity Pooled Fund 3549



Canadian Equity


1 quarter

ROR-% PR



Oct-01 0.46 7.72 9.49 18 10.86 28 9.88 21 8.68 7.0224 20 10.43 24 10.42 50 9.73 46Industrial Alliance Canadian Equity Growth 2228

Dec-69 0.32 7.76 8.16 42 9.74 54 7.73 75 6.03 5.3295 63 7.72 84 8.06 82 7.24 80Industrial Alliance Canadian Equity Value 2031

Dec-97 1.09 7.29 9.21 26 11.62 19 10.07 15 8.72 7.3823 14 10.78 18 10.72 38 9.51 49Industrial Alliance Dividends Fund 3216

Jan-99 -0.89 5.58 7.29 62 9.40 66 9.27 36 6.58 6.5574 32 10.21 27 10.12 56 9.49 50Integra Canadian Value Growth Fund 6474

Apr-00 -4.69 -0.55 -4.36 100 13.20 6 3.22 100 6.19 0.2894 100 4.19 99 3.35 100 -11.11 100J Zechner Associates Inc. Special Equity Fund 97100

Apr-97 0.19 5.89 7.59 54 9.67 58 9.21 40 7.87 6.2346 46 10.05 32 12.01 19 11.32 12Jarislowsky Fraser Canadian Equity Fund 5736

Jun-18 1.49 7.05 7.65 52 9.76 53 9.51 27 6.36 40 10.14 29 12.58 11Jarislowsky Fraser Dividend Growth Fund 3610

Aug-16 -0.21 8.33 10.51 8Jarislowsky, Fraser Small/Mid Cap Equity Fund 1647

Oct-05 0.64 10.98 13.99 1 13.19 6 10.84 6 9.89 10.039 2 10.80 17 10.98 34 10.85 22Kingwest Canadian Equity Portfolio 424

May-03 0.06 14.56 9.77 16 10.96 26 9.08 46 8.33 6.7329 24 7.75 82 10.82 36 11.07 15Landry Canadian Equity Fund 239

Dec-10 0.84 6.05 10.48 8 14.18 3 10.04 17 7.09 19 11.06 12 10.99 34 9.97 37Leith Wheeler Canadian Dividend Fund 5221

May-94 0.34 6.97 10.24 10 13.27 5 9.27 34 8.41 5.6528 58 9.85 38 11.11 30 10.27 32Leith Wheeler Canadian Equity Fund 3830

May-17 0.77 6.53Letko Brosseau Canadian Equity Fund 4622

Jan-13 0.60 4.03 6.99 69 8.98 74 8.89 52 6.45 37 10.15 29Lincluden Stable Income Equity Fund 8025

Jan-80 0.30 6.44 8.10 44 8.37 85 8.66 57 5.91 5.7696 57 9.23 56 8.91 72 8.98 58London Life Canadian Equity Fund (LC) 4832

Jun-05 1.32 5.20 8.12 43 10.25 41 7.52 80 7.74 4.8849 72 8.10 77 8.84 73 7.35 79London Life Dividend Fund (LC) 7212

Dec-10 -2.38 3.68 6.13 81 10.96 26 5.67 96 2.67 96 6.17 98 6.33 98 3.93 98Louisbourg Canadian Equity Fund 8390

Dec-10 -2.23 3.27 5.83 83 10.44 34 6.61 88 4.10 85 7.46 89 8.88 72 7.94 70Louisbourg Dividend Fund 8789

Oct-11 -2.25 21.06 9.84 16 16.74 2 11.07 5 10.30 2 8.70 65 13.43 7Louisbourg Quantitative Canadian Equity Fund 189

Dec-11 -0.32 7.36 9.33 22 10.05 48 10.94 6 8.58 6 11.85 5 11.28 26Manulife AM Canadian Core Equity Pooled Fund 3052

Aug-06 -0.05 7.70 7.61 53 7.92 90 9.35 32 6.89 6.3368 41 9.76 41 11.22 27 11.10 14Manulife AM Canadian Large Cap Growth Pooled 2342

Jan-98 -0.57 5.93 7.56 56 9.71 56 7.83 70 6.32 4.9087 70 8.31 68 7.78 87 6.56 89Manulife AM Canadian S&P/TSX Index 5564

May-05 -0.35 7.31 9.39 20 9.45 65 8.93 51 6.32 6.2287 46 9.33 52 9.33 64 8.84 60Manulife Asset Management Canadian Equity Fund 3154

Dec-90 -0.36 7.24 9.33 23 9.49 64 8.96 50 6.44 6.3180 42 9.40 51 9.31 66 8.74 62Manulife Capped Canadian Equity Fund 3354

Feb-99 1.77 6.90 9.30 24 10.15 45 11.63 2 10.93 8.772 5 12.85 2 15.20 2 16.01 1Mawer Canadian Equity Pooled Fund 406

Jan-81 -0.68 7.49 9.34 22 8.59 82 9.42 30 6.46 6.4378 38 9.91 37 10.57 41 10.90 20MFS Canadian Equity Fund 2770

Jan-94 -0.59 7.75 8.91 30 8.78 77 9.27 34 7.47 6.3055 43 9.65 43 10.46 49 10.85 22MFS Canadian Research Equity Fund 2166

Jan-94 -1.11 3.07 5.82 83 7.14 95 8.01 66 7.69 4.8250 77 9.28 54 10.31 51 10.72 25MFS Low Volatility Canadian Equity Fund 8976

Aug-00 -0.63 7.68 8.79 31 8.49 83 8.97 49 7.28 6.0059 52 9.30 54 10.29 52 11.00 16MFS Responsible Canadian Research Equity Fund 2468

Jan-86 2.55 10.48 10.11 12 10.40 35 7.99 68 7.36 4.1957 83 7.37 91 7.50 93 7.23 80Montrusco Bolton Canadian Equity Fund 64

Sep-02 3.89 7.82 9.42 19 11.33 22 8.02 66 10.00 4.978 68 8.07 78 8.60 76 9.64 47Montrusco Bolton Equity Income Fund 191

Feb-96 -2.67 9.21 -2.92 99 8.42 84 4.14 99 5.86 3.7297 88 2.92 100 10.50 48 6.51 92Montrusco Bolton Quantitative Canadian Equity Fund 1193

Apr-79 0.24 6.95 8.47 38 9.81 52 8.48 60 6.84 5.6470 58 8.87 62 9.35 63 8.75 62Northern Trust Asset Mgmt. Canadian Equity Fund 3834



Canadian Equity


1 quarter

ROR-% PR



Jan-97 0.17 4.51 7.61 53 10.30 38 6.45 90 6.20 3.6793 89 6.94 95 5.62 99 4.30 98Optimum Canadian Equity 7737

Aug-97 -0.01 7.68 7.40 61 9.29 69 7.60 78 6.52 4.6576 79 7.58 86 8.66 75 7.94 70PCJ Canadian Equity Fund 2440

Feb-07 -0.64 5.84 6.31 79 8.25 86 7.82 70 11.37 3.451 91 8.33 68 12.28 16 14.20 2Pembroke Canadian Growth Fund 5968

Jan-12 3.77 3.61 7.96 47 12.22 13 8.16 64 5.34 63 9.33 52 12.46 12Pembroke Dividend Growth Fund 842

Jun-71 -0.54 4.75 6.38 78 9.47 64 8.61 58 7.03 5.2564 64 9.59 46 11.09 32 10.09 36PH&N Canadian Equity Fund 7461

Dec-09 -0.16 6.98 8.73 32 11.21 24 9.46 29 6.52 33 10.09 30 10.51 47 10.02 37PH&N Canadian Equity Value Fund 3845

Apr-12 1.08 5.37 7.70 51 10.54 31 9.21 40 5.95 54 10.18 28 11.82 21PH&N Conservative Equity Income Fund 6816

Jun-77 1.06 5.78 8.49 36 10.82 28 8.72 55 8.09 6.0536 50 9.46 49 10.11 56 9.40 51PH&N Dividend Income Fund 6217

Dec-06 -1.91 1.18 4.67 90 7.57 92 6.71 87 8.03 4.3038 82 8.14 76 11.95 20 11.46 8QV Investors Canadian Equity Fund 9586

Nov-11 -1.86 6.65 8.71 32 9.51 63 8.75 54 6.01 52 9.29 54 10.51 45RBC QUBE 120/20 Canadian Equity Fund 4485

Nov-11 -1.48 6.46 7.78 50 8.61 81 8.11 65 4.89 70 8.53 66 9.34 64RBC QUBE Canadian Equity Fund 4782

Nov-11 -1.39 2.66 5.25 88 7.82 91 10.02 18 6.77 22 11.94 5 12.42 12RBC QUBE Low Volatility Canadian Equity Fund 9279

Jul-07 -0.38 4.38 7.28 62 9.94 50 8.49 60 8.08 5.2736 64 9.54 47 9.68 60 8.82 61RBC Vision Canadian Equity Fund 7856

Jan-92 0.00 5.80 10.50 8 12.59 11 8.22 62 6.34 5.9682 54 8.83 63 7.30 95 6.39 92Scheer Rowlett Canadian Equity Fund 6240

Jul-97 -3.80 -1.52 2.61 96 6.47 99 6.17 93 5.50 2.6999 96 8.18 74 9.76 59 7.77 73SEAMARK Canadian Equity Pooled Fund 10098

Jul-12 1.28 3.15 3.81 94 7.96 88 9.60 24 7.49 12 11.28 9 14.43 5SEAMARK Pooled Low Volatility Equity Fund 8813

Aug-97 -0.53 5.52 6.80 71 8.77 78 8.16 64 6.34 5.5282 60 8.83 63 9.26 67 8.52 64SEI Canadian Equity Fund 6660

Dec-07 -0.26 5.94 9.37 21 11.65 18 7.68 76 7.78 5.3748 62 8.12 76 8.24 80 7.63 76Sionna Canadian All Cap Pooled Fund 5450

Jun-03 0.82 6.80 10.07 14 12.96 9 8.65 58 7.53 6.5654 32 9.11 59 8.62 76 7.01 84Sionna Canadian Equity Pooled Fund 4221

Jul-91 -0.58 5.85 7.50 58 9.67 58 7.79 72 6.30 4.8689 74 8.27 72 7.77 88 6.57 88TD Emerald Canadian Equity Index Fund 5864

Aug-00 -0.57 5.86 7.50 58 9.67 58 7.78 72 6.33 4.8684 74 8.27 72 7.77 89 6.58 88TD Emerald CDN Market Capped Pooled Fund Trust Passive 5864

Sep-09 -0.42 3.64 5.61 86 7.65 92 9.17 42 6.67 27 10.60 21 11.55 23 12.09 4TD Emerald Low Volatility Canadian Equity PFT 8457

Nov-09 -2.56 8.01 3.74 94 7.04 96 8.00 67 5.55 60 8.00 80 11.35 25 11.21 13Triasima Canadian All Capitalization Equity 1892



Canadian Equity


1 quarter

ROR-% PR



Jan-16 -2.01 7.81Triasima Canadian Equity Fund 2086

Jun-07 -3.31 6.07 2.66 96 11.32 22 7.57 79 10.53 6.255 45 7.94 80 13.46 7 10.43 30Triasima Canadian Small Capitalization Equity 5296

Jun-03 -2.71 -0.06 7.08 66 10.23 42 4.91 98 6.47 1.6978 99 6.19 98 6.25 98 5.19 96Wise Capital Management All Cap Canadian Equity Fund 9693

Fund Count 125 125 123 119 117 83 119 108 113 101

Average Return -0.26 6.27 7.58 10.19 8.67 7.77 5.88 9.35 10.31 9.13

5th Percentile 2.16 10.79 10.87 13.29 11.02 10.53 8.88 11.90 14.29 11.91

1st Quartile 0.59 7.66 9.27 11.07 9.56 8.57 6.72 10.33 11.37 10.70

Median -0.25 6.32 7.78 9.94 8.96 7.69 6.05 9.42 10.42 9.49

3rd Quartile -0.97 4.66 6.55 8.87 7.73 6.54 4.84 8.16 8.68 7.65

95th Percentile -3.04 0.83 3.21 7.11 5.93 6.06 2.87 6.93 7.27 5.35



Canadian Equity (Core)


1 quarter

ROR-% PR



Oct-06 -0.89 5.37 6.86 77 10.13 28 9.45 24 6.44 6.7384 19 10.49 23 10.70 24 9.12 50Addenda Canadian Equity Pooled Fund 7368

Sep-97 -0.66 6.36 8.32 38 9.25 62 7.40 80 6.87 4.8954 77 7.66 86 7.11 95 7.06 90BlackRock Active Canadian Equity Fund 5459

Oct-11 -0.56 7.72 7.91 56 8.89 72 7.55 77 4.85 80 7.51 91 7.89 86BlackRock Canada Alpha Advantage 1845

Jul-10 -0.78 5.57 8.02 48 9.57 48 8.97 57 6.02 62 9.84 34 9.25 67 8.83 66BMO AM Canadian Core Alpha Fund 6464

Dec-01 -1.46 8.40 8.51 29 10.64 10 9.35 29 8.25 6.638 33 9.59 45 10.53 33 9.80 36CC&L Q Canadian Equity Core Fund 476

Dec-00 -1.40 2.46 5.26 94 7.09 96 6.65 86 7.21 3.4346 95 7.73 82 9.43 53 9.75 40Cidel Canadian Equity Fund 9474

Dec-98 0.50 2.71 7.09 71 10.15 24 9.13 39 9.25 6.711 23 10.80 14 12.14 5 11.47 6Cidel Canadian Total Return Equity Pooled Fund 919

Jul-02 -0.32 5.25 7.29 67 8.77 81 9.60 15 7.93 6.7815 15 10.71 18 11.33 10 10.53 26Fidelity Canadian Core Equity Institutional Trust 7622

Mar-11 -0.44 7.55 7.96 52 9.24 66 10.86 4 7.37 10 11.70 4 14.83 1 14.45 1Fidelity Canadian Focused Equity Institutional Trust 2736

Nov-97 1.00 8.48 8.06 44 9.84 43 9.07 47 6.85 6.1960 56 9.21 63 9.63 48 8.96 60Fiera Capital Canadian Equity - Core Fund 15

Jul-09 2.02 6.00 8.45 33 10.37 19 9.11 42 6.51 38 9.91 32 10.82 20 10.49 30Heward Canadian Dividend Growth Fund 591

Sep-06 -2.40 -1.40 1.32 100 7.05 100 6.19 95 6.57 4.0470 90 8.18 77 7.57 90 5.10 95Hexavest Canadian Equity Fund 100100

Jan-10 -2.03 6.62 7.55 62 9.99 38 9.52 19 6.65 29 10.25 27 12.28 5 10.98 14Hillsdale Canadian Core Equity Fund 5086

Oct-97 -0.23 7.09 10.10 1 12.07 1 10.27 9 7.42 7.9430 5 11.08 9 10.57 29 9.07 55HSBC Canadian Equity Pooled Fund 4514

Dec-10 -2.38 3.68 6.13 86 10.96 5 5.67 100 2.67 100 6.17 100 6.33 100 3.93 100Louisbourg Canadian Equity Fund 8296

Dec-10 -2.23 3.27 5.83 90 10.44 15 6.61 90 4.10 86 7.46 94 8.88 76 7.94 85Louisbourg Dividend Fund 8691

Dec-11 -0.32 7.36 9.33 10 10.05 34 10.94 1 8.58 1 11.85 1 11.28 14Manulife AM Canadian Core Equity Pooled Fund 3220

May-05 -0.35 7.31 9.39 6 9.45 56 8.93 66 6.32 6.22100 53 9.33 55 9.33 58 8.84 65Manulife Asset Management Canadian Equity Fund 3628



Canadian Equity (Core)


1 quarter

ROR-% PR



Dec-90 -0.36 7.24 9.33 14 9.49 53 8.96 62 6.44 6.3178 44 9.40 50 9.31 62 8.74 74Manulife Capped Canadian Equity Fund 4131

Jan-94 -0.59 7.75 8.91 20 8.78 77 9.27 33 7.47 6.3024 47 9.65 41 10.46 38 10.85 20MFS Canadian Research Equity Fund 1450

Aug-00 -0.63 7.68 8.79 24 8.49 90 8.97 54 7.28 6.0039 66 9.30 59 10.29 42 11.00 10MFS Responsible Canadian Research Equity Fund 2255

Aug-97 -0.53 5.52 6.80 80 8.77 84 8.16 72 6.34 5.5293 71 8.83 68 9.26 67 8.52 80SEI Canadian Equity Fund 6842


Fund Count 23 23 22 22 22 14 22 23 22 21

Average Return -0.74 5.91 7.60 9.52 8.66 7.19 5.93 9.34 9.80 9.28

5th Percentile 0.98 8.31 9.44 11.00 10.79 8.60 7.91 11.61 12.25 11.72

1st Quartile -0.33 7.61 8.72 10.15 9.43 7.46 6.70 10.37 10.67 10.56

Median -0.59 6.62 7.99 9.53 9.02 7.04 6.26 9.40 9.53 9.12

3rd Quartile -1.43 5.31 6.92 8.80 7.70 6.47 5.05 8.23 8.95 8.72

95th Percentile -2.36 2.27 5.02 7.27 6.20 6.33 3.45 7.39 7.10 5.18



Canadian Equity (Growth)


1 quarter

ROR-% PR



Dec-00 -2.11 10.49 9.13 30 10.90 10 10.13 20 8.85 7.3910 10 10.05 30 12.40 8 11.61 1CC&L Q Canadian Equity Growth Fund 1100

Mar-96 -0.99 4.62 6.50 90 6.27 100 6.95 100 5.10 3.84100 100 7.54 90 8.24 100 9.04 83Greystone Canadian Equity Fund 10082

Jul-86 -0.44 7.09 6.27 100 9.33 60 7.35 90 7.95 4.3330 90 7.42 100 9.94 84 7.51 100Guardian Canadian Growth Fund 9064



Dec-00 1.74 9.63 9.03 50 10.43 30 9.58 50 7.69 6.1360 70 9.57 70 10.56 61 9.84 66GWL Ethics Fund 9.02G 3610

Nov-97 2.91 9.70 6.52 80 11.72 1 10.35 1 10.90 8.031 1 10.51 1 13.42 1 10.23 42GWL Mid Cap Canada Fund (G) 281

Oct-01 0.46 7.72 9.49 1 10.86 20 9.88 40 8.68 7.0220 20 10.43 10 10.42 76 9.73 74Industrial Alliance Canadian Equity Growth 5537

Aug-06 -0.05 7.70 7.61 60 7.92 90 9.35 70 6.89 6.3370 60 9.76 60 11.22 39 11.10 9Manulife AM Canadian Large Cap Growth Pooled 6454

Jan-81 -0.68 7.49 9.34 10 8.59 80 9.42 60 6.46 6.4390 50 9.91 50 10.57 54 10.90 17MFS Canadian Equity Fund 8273

Aug-97 -0.01 7.68 7.40 70 9.29 70 7.60 80 6.52 4.6580 80 7.58 80 8.66 93 7.94 92PCJ Canadian Equity Fund 7246


Fund Count 12 12 11 11 11 11 11 11 14 13

Average Return 0.16 8.31 8.13 9.64 9.16 7.71 6.15 9.37 10.92 9.94

5th Percentile 2.26 10.19 9.42 11.31 10.26 9.87 7.71 10.47 12.76 11.30

1st Quartile 1.57 9.75 9.14 10.65 10.07 8.31 6.96 10.14 11.85 10.79

Median -0.03 7.76 9.03 10.37 9.58 7.88 6.43 9.91 10.83 10.20

3rd Quartile -0.76 7.63 6.96 8.94 8.47 6.70 5.39 8.58 10.44 9.70

95th Percentile -2.05 5.98 6.39 7.10 7.15 5.78 4.09 7.48 8.51 7.77



Canadian Equity (Value)


1 quarter

ROR-% PR



Jan-91 0.38 7.40 9.86 31 11.51 33 10.12 1 9.58 7.131 1 10.81 1 12.84 1 12.11 1Beutel Goodman Canadian Equity Fund 1320

Feb-95 -0.14 8.08 10.55 7 11.23 40 9.21 20 8.76 5.9215 27 9.49 20 11.13 12 11.35 10BonaVista Canadian Equity Fund 163

Mar-12 1.09 3.35 5.56 93 9.20 86 6.11 93 2.79 93 6.81 93 9.53 42Burgundy Canadian Large Cap Equity Fund 816

May-99 1.30 5.46 8.35 50 10.56 54 7.07 72 9.19 4.428 67 7.47 80 9.14 47 9.77 30Burgundy Focus Canadian Equity Fund 561

Jul-99 0.23 3.84 7.01 74 10.06 73 7.11 68 6.75 4.2970 80 7.94 70 7.80 84 7.17 70CIBC Canadian Equity All Cap Value Pool 7038

Jan-93 -1.38 7.36 11.28 1 13.24 6 8.46 33 8.44 5.8724 33 8.73 52 10.23 36 9.37 35Foyston, Gordon and Payne Canadian Equity 1887


Dec-69 0.32 7.76 8.16 56 9.74 80 7.73 54 6.03 5.32100 52 7.72 74 8.06 74 7.24 66Industrial Alliance Canadian Equity Value 630

May-94 0.34 6.97 10.24 19 13.27 1 9.27 14 8.41 5.6530 40 9.85 13 11.11 14 10.27 20Leith Wheeler Canadian Equity Fund 3025

Jan-94 -1.11 3.07 5.82 88 7.14 100 8.01 47 7.69 4.8254 60 9.28 33 10.31 32 10.72 15MFS Low Volatility Canadian Equity Fund 8782

Jan-97 0.17 4.51 7.61 63 10.30 60 6.45 87 6.20 3.6792 87 6.94 87 5.62 96 4.30 90Optimum Canadian Equity 6343

Dec-09 -0.16 6.98 8.73 44 11.21 46 9.46 7 6.52 12 10.09 7 10.51 26 10.02 25PH&N Canadian Equity Value Fund 2668

Dec-06 -1.91 1.18 4.67 100 7.57 94 6.71 80 8.03 4.3039 74 8.14 60 11.95 5 11.46 6QV Investors Canadian Equity Fund 9494

Jan-92 0.00 5.80 10.50 12 12.59 20 8.22 40 6.34 5.9685 20 8.83 47 7.30 89 6.39 80Scheer Rowlett Canadian Equity Fund 5050

Dec-07 -0.26 5.94 9.37 37 11.65 28 7.68 60 7.78 5.3746 48 8.12 66 8.24 68 7.63 60Sionna Canadian All Cap Pooled Fund 4474

Jun-03 0.82 6.80 10.07 25 12.96 13 8.65 27 7.53 6.5661 8 9.11 40 8.62 53 7.01 74Sionna Canadian Equity Pooled Fund 3712

Jun-03 -2.71 -0.06 7.08 70 10.23 66 4.91 100 6.47 1.6977 100 6.19 100 6.25 93 5.19 85Wise Capital Management All Cap Canadian Equity Fund 100100

Fund Count 17 17 17 16 16 14 16 16 20 21

Average Return -0.18 5.19 8.32 10.78 7.82 7.66 5.02 8.56 9.15 8.03

5th Percentile 1.13 7.82 10.69 13.25 9.63 9.33 6.70 10.27 12.00 11.51

1st Quartile 0.34 7.01 10.06 11.89 8.79 8.43 5.93 9.46 10.51 10.02

Median 0.00 5.80 8.35 10.88 7.87 7.74 5.34 8.78 8.88 7.81

3rd Quartile -0.32 3.79 6.99 9.98 6.98 6.54 4.30 7.66 8.02 6.97

95th Percentile -2.07 0.93 5.38 7.46 5.81 6.14 2.52 6.66 5.71 3.87



Canadian Equity (Income)


1 quarter

ROR-% PR



Sep-03 1.08 7.66 10.08 1 12.41 1 11.63 1 10.42 9.191 1 12.65 1 15.01 1 14.37 1Beutel Goodman Canadian Dividend Fund 550

Dec-12 0.99 5.29 7.13 62 10.15 58 10.27 6 7.07 29 11.56 7CC&L Equity Income & Growth Fund 4460

Oct-96 1.69 6.90 9.28 17 10.21 52 9.38 35 9.47 7.4523 17 10.01 50 10.71 46 11.00 9CI Signature Dividend Fund 2212

Oct-09 -1.24 -0.07 5.10 89 8.84 76 5.79 100 2.56 100 7.31 82 9.31 60 7.91 75Fiera Capital High Income Equity 100100

Dec-97 0.48 3.87 6.22 78 6.67 100 6.43 84 7.17 3.40100 88 7.08 88 7.09 93 7.63 83Greystone Canadian Equity Income & Growth Fund 7372


Aug-03 0.19 2.41 4.24 95 7.58 94 6.03 94 9.28 3.2533 94 6.96 94 8.08 80 8.20 67Guardian Equity Income Fund 9483

Sep-12 -0.21 4.65 5.86 83 8.25 83 6.35 88 3.56 83 6.78 100 7.49 87Guardian Growth & Income Fund 6194

Nov-97 1.33 5.19 8.15 34 10.21 48 9.23 42 9.03 6.2744 47 10.26 32 11.10 33 10.58 17GWL Dividend Fund (G) 5423

Dec-96 0.28 6.77 9.95 5 11.59 17 10.08 12 7.87 7.9278 6 10.93 19 11.18 28 10.24 25HSBC Canadian Dividend Income Pooled Fund 2778

Dec-97 1.09 7.29 9.21 22 11.62 12 10.07 16 8.72 7.3855 23 10.78 24 10.72 40 9.51 50Industrial Alliance Dividends Fund 1140

Jun-18 1.49 7.05 7.65 55 9.76 64 9.51 29 6.36 41 10.14 44 12.58 13Jarislowsky Fraser Dividend Growth Fund 1717

Jan-13 0.60 4.03 6.99 66 8.98 71 8.89 53 6.45 36 10.15 43Lincluden Stable Income Equity Fund 6767

Jun-05 1.32 5.20 8.12 38 10.25 42 7.52 76 7.74 4.8888 76 8.10 70 8.84 67 7.35 91London Life Dividend Fund (LC) 5027

Sep-02 3.89 7.82 9.42 12 11.33 23 8.02 70 10.00 4.9711 71 8.07 74 8.60 73 9.64 42Montrusco Bolton Equity Income Fund 11

Jan-12 3.77 3.61 7.96 44 12.22 6 8.16 65 5.34 65 9.33 62 12.46 14Pembroke Dividend Growth Fund 834

Apr-12 1.08 5.37 7.70 50 10.54 35 9.21 46 5.95 58 10.18 38 11.82 20PH&N Conservative Equity Income Fund 4045

Jun-77 1.06 5.78 8.49 28 10.82 30 8.72 58 8.09 6.0567 53 9.46 57 10.11 53 9.40 58PH&N Dividend Income Fund 3455

Jul-12 1.28 3.15 3.81 100 7.96 88 9.60 24 7.49 12 11.28 12 14.43 6SEAMARK Pooled Low Volatility Equity Fund 8933

Fund Count 19 19 19 18 18 10 18 17 16 13

Average Return 1.06 5.04 7.47 9.97 8.61 8.78 5.86 9.46 10.22 9.33

5th Percentile 3.70 7.66 9.95 12.25 10.49 10.23 8.12 11.77 14.57 12.35

1st Quartile 1.33 6.84 8.85 11.20 9.58 9.42 7.30 10.75 11.34 10.24

Median 1.08 5.20 7.70 10.21 9.05 8.88 6.16 10.01 10.41 9.51

3rd Quartile 0.38 3.85 6.43 8.88 7.64 7.93 4.90 8.02 8.47 7.91

95th Percentile -0.35 2.09 4.22 7.43 6.00 7.43 3.14 6.92 6.95 6.64



Canadian Equity (GARP)


1 quarter

ROR-% PR



Aug-92 -1.49 4.37 7.88 53 9.74 50 8.85 54 6.45 31 10.00 41 10.93 54 9.66 65BMO AM Canadian Equity Fund 8084

Nov-91 -1.49 5.91 5.78 84 8.59 82 9.20 40 8.05 5.4925 63 10.04 40 12.34 24 11.72 14CC&L Canadian Equity Fund 5480

Dec-11 -0.36 4.36 4.64 90 7.95 93 9.92 20 6.33 43 11.35 14 16.89 1CI Cambridge All Canadian Equity Fund 8458

Jul-16 -0.78 2.81 3.99 94CI Cambridge Canadian Institutional Equity Fund 9068

Oct-14 0.64 5.53 6.61 74 9.05 75 3.04 94Dixon Mitchell Canadian Equity Fund 6326

Jan-94 -4.05 6.32 10.62 16 11.69 18 7.71 87 8.23 5.0010 75 8.06 86 10.12 70 10.61 36Fiera Capital Canadian Equity - Opportunities Fund 47100

Feb-04 -3.52 6.78 10.24 22 11.78 14 7.53 92 8.22 4.8216 81 7.72 93 10.19 65 10.47 42Fiera Capital Canadian Equity ESG - Opportunities Fund 3190

May-16 0.67 2.73 7.26 63Franklin Bissett Canadian Dividend Fund 9422

Sep-12 2.91 14.15 12.19 4 13.15 1 11.74 1 8.02 7 11.14 20 12.75 18Galibier Canadian Equity Pool 11

Feb-06 -0.20 6.58 8.64 37 10.48 26 8.68 60 6.96 6.3582 38 9.22 66 9.21 89 8.57 86GEM Canadian Equity Pool 3748

Sep-07 0.76 10.73 12.26 1 12.82 6 9.24 28 6.99 6.6175 20 8.87 73 9.93 78 8.96 78Gryphon Canadian Equity Fund 616

Mar-69 0.19 7.28 8.27 42 10.30 37 9.15 46 7.55 6.5142 25 9.63 48 10.00 76 9.86 58Guardian Canadian Equity Fund 2238

Dec-15 -0.22 10.24 10.83 11Guardian Canadian Focused Equity Fund 1552

Oct-98 -1.03 5.30 7.01 68 9.42 68 10.75 13 7.23 7.7458 12 12.15 7 13.25 12 11.73 8Highstreet Canadian Equity Fund 6873

Apr-97 0.19 5.89 7.59 58 9.67 56 9.21 34 7.87 6.2333 50 10.05 34 12.01 30 11.32 21Jarislowsky Fraser Canadian Equity Fund 5742

Jan-80 0.30 6.44 8.10 47 8.37 87 8.66 66 5.91 5.7692 56 9.23 60 8.91 94 8.98 72London Life Canadian Equity Fund (LC) 4232

Feb-99 1.77 6.90 9.30 32 10.15 43 11.63 6 10.93 8.771 1 12.85 1 15.20 6 16.01 1Mawer Canadian Equity Pooled Fund 2710

Jan-86 2.55 10.48 10.11 26 10.40 31 7.99 80 7.36 4.1950 87 7.37 100 7.50 100 7.23 100Montrusco Bolton Canadian Equity Fund 115

Jun-71 -0.54 4.75 6.38 79 9.47 63 8.61 72 7.03 5.2568 69 9.59 52 11.09 48 10.09 50PH&N Canadian Equity Fund 7463

Jul-97 -3.80 -1.52 2.61 100 6.47 100 6.17 100 5.50 2.69100 100 8.18 80 9.76 82 7.77 93SEAMARK Canadian Equity Pooled Fund 10095

Fund Count 20 20 20 17 16 13 17 16 18 15

Average Return -0.37 6.30 8.02 9.97 9.06 7.52 5.84 9.74 11.37 10.27

5th Percentile 2.54 11.12 12.10 12.89 11.66 9.31 8.17 12.33 15.45 13.02

1st Quartile 0.65 6.99 10.15 10.57 9.41 8.05 6.51 10.59 12.26 11.12

Median -0.21 6.12 7.99 9.74 9.00 7.36 6.23 9.61 11.07 10.09

3rd Quartile -1.14 4.65 6.55 9.04 8.45 6.99 5.01 8.70 10.03 8.97

95th Percentile -3.81 2.23 3.87 7.66 7.19 5.75 2.97 7.64 8.69 7.61



Canadian Equity (Quantitative)


1 quarter

ROR-% PR



Jun-11 -0.82 3.13 6.56 50 9.30 37 10.17 26 7.32 25 12.01 30 12.31 44 11.23 60BMO AM Canadian Smart Alpha Equity Fund (formerly Liability Sensitive Equity Fund) 8824

May-07 -0.70 6.45 8.91 13 11.78 13 11.63 1 10.12 8.621 13 12.97 10 14.97 12 13.58 1CC&L Q Equity Extension Fund 5013

Oct-11 -2.25 21.06 9.84 1 16.74 1 11.07 12 10.30 1 8.70 60 13.43 22Louisbourg Quantitative Canadian Equity Fund 175

Feb-96 -2.67 9.21 -2.92 100 8.42 62 4.14 88 5.86 3.72100 88 2.92 90 10.50 76 6.51 100Montrusco Bolton Quantitative Canadian Equity Fund 1387

Nov-11 -1.86 6.65 8.71 24 9.51 26 8.75 62 6.01 62 9.29 50 10.51 68RBC QUBE 120/20 Canadian Equity Fund 2663

Nov-11 -1.48 6.46 7.78 37 8.61 50 8.11 74 4.89 75 8.53 70 9.34 88RBC QUBE Canadian Equity Fund 3850

Nov-11 -1.39 2.66 5.25 74 7.82 76 10.02 37 6.77 38 11.94 30 12.42 34RBC QUBE Low Volatility Canadian Equity Fund 10038

Nov-11 -3.23 3.90 3.68 87 1.67 100 2.74 100 2.94 100 2.45 100 4.48 100RBC QUBE Market Neutral Canadian Equity Fund 64100

Sep-09 -0.42 3.64 5.61 63 7.65 86 9.17 50 6.67 50 10.60 40 11.55 55 12.09 40TD Emerald Low Volatility Canadian Equity PFT 751

Fund Count 9 9 9 9 9 2 9 11 10 6

Average Return -1.65 7.02 5.94 9.05 8.42 7.99 6.36 9.44 12.25 11.30

5th Percentile -0.53 16.32 9.47 14.76 11.41 9.91 9.63 15.25 19.36 13.49

1st Quartile -0.84 6.75 8.68 9.60 10.20 9.06 7.35 12.01 13.17 12.95

Median -1.48 6.45 6.56 8.61 9.17 7.99 6.67 9.29 11.93 11.66

3rd Quartile -2.25 3.63 5.20 7.84 7.98 6.93 4.89 7.66 10.50 11.16

95th Percentile -3.00 2.85 -0.28 4.06 3.30 6.08 3.25 2.68 6.67 7.67



Diversified Canadian Equity


1 quarter

ROR-% PR



May-98 0.61 9.83 14.47 1 13.73 1 12.04 1 10.22 9.791 1 12.60 1 11.76 50 12.35 34CI Signature Canadian Equity Plus Fund 140

Dec-96 0.28 8.21 8.14 60 9.01 80 10.05 40 7.26 7.6180 40 10.51 60 11.88 34 12.19 50Integra Equity Fund 4060

Jan-90 -1.54 4.48 5.72 100 7.34 100 9.36 60 8.80 6.6020 60 10.62 40 14.68 1 15.44 1Invesco (Growth) 100100

Sep-81 4.36 8.00 10.50 20 10.40 40 3.51 100 6.59 0.84100 100 2.42 100 4.28 100 5.60 100Invesco (Trimark Canadian Fund) 601

Aug-97 0.16 9.57 10.11 40 9.62 60 10.66 20 8.22 8.1340 20 10.93 20 12.38 17 13.09 17MFS Canadian Equity Plus Fund 2080

Nov-66 0.66 6.30 7.87 80 10.73 20 9.21 80 7.36 6.2160 80 9.96 80 11.47 66 10.90 82PH&N Canadian Equity Plus Pension Trust 8020

Fund Count 6 6 6 6 6 6 6 6 7 7

Average Return 0.75 7.73 9.47 10.14 9.14 8.08 6.53 9.51 11.03 11.51

5th Percentile 3.43 9.76 13.48 12.98 11.70 9.86 9.37 12.19 13.99 14.73

1st Quartile 0.65 9.23 10.41 10.64 10.50 8.65 8.00 10.85 12.13 12.72

Median 0.45 8.10 9.12 10.01 9.71 7.79 7.10 10.57 11.76 12.19

3rd Quartile 0.19 6.72 7.94 9.16 9.25 7.28 6.30 10.10 11.10 10.95

95th Percentile -1.11 4.93 6.26 7.76 4.94 6.76 2.18 4.30 6.22 7.19

The Diversified Canadian Equity mandate contains funds having a clearly defined Canadian bias. However, these funds tend to be more flexible than traditional Canadian Equity funds in terms of their ability to allocate strategy towards US and/or international holdings.



Canadian Small Cap


1 quarter

ROR-% PR



Feb-95 1.55 0.61 5.99 38 11.94 28 10.29 13 12.17 7.0110 16 12.85 8 12.85 34 8.79 62Beutel Goodman Small Cap Fund 7330

Jan-95 1.73 7.62 5.69 42 7.98 72 9.61 25 13.46 4.215 36 10.12 21 15.94 6 17.48 6BMO AM Small Cap Fund 3123

Apr-05 -3.57 2.15 -0.27 81 6.76 80 6.57 62 11.68 1.9820 72 7.71 60 14.68 24 13.10 21CC&L Canadian Small Cap Fund 6984

Apr-96 -3.43 -1.68 -1.35 92 6.62 84 5.57 70 8.81 2.1780 68 7.47 63 10.08 62 6.20 79CIBC Canadian Equity Small Cap Pool 8481

Dec-86 -1.80 -3.00 -0.57 84 5.25 100 4.46 79 8.39 0.3385 84 6.41 78 10.05 66 10.50 38Cidel Canadian Opportunities Pooled Fund 8861

Apr-11 5.49 15.03 11.13 1 13.12 16 9.82 20 7.68 8 8.55 38 11.97 45 13.03 22Dixon Mitchell Small Cap Fund 14

Dec-88 1.52 13.66 2.70 58 8.66 60 9.09 29 10.67 3.9836 40 7.97 48 14.91 19 11.65 32Fiera Capital Canadian Equity - Small Cap Core Fund 434

Jun-88 1.55 3.92 0.44 77 7.32 76 7.62 46 11.33 2.5230 60 8.57 36 15.26 14 12.42 26Fiera Capital Canadian Equity Small Cap Fund 6228

Feb-02 0.79 5.25 9.61 8 10.87 40 6.88 55 9.37 3.7550 48 7.29 66 9.01 76 10.13 48Foyston Gordon & Payne Small Cap Canadian Equity Fund 5438

Jan-92 -5.43 -6.60 1.02 72 6.49 92 1.99 100 9.04 -1.5170 100 4.26 88 8.85 80 10.17 45Franklin Bissett Small Cap Fund 10096

Jan-07 -3.83 -6.47 -1.00 89 8.96 56 4.07 83 7.70 1.2890 76 6.88 74 11.08 52 5.83 84Greystone Canadian Equity Small Cap Fund 9688

Feb-97 -2.16 3.17 1.90 65 6.58 88 3.09 91 7.20 0.5595 80 3.07 95 4.28 96 5.53 89Guardian Canadian Sml/Mid Cap Fund 6565

Mar-09 -3.32 8.96 9.30 11 23.87 1 16.97 1 15.41 1 19.06 1 21.48 1 10.65 36Hillsdale Canadian Micro Cap Equity Fund 1976

Jan-96 -2.81 8.46 6.63 28 16.02 4 11.38 8 9.01 9.3174 4 12.13 13 14.61 28 10.10 52Hillsdale Canadian Small Cap Equity Fund 2469

May-98 4.88 9.59 3.37 53 5.93 96 2.20 96 9.15 -1.4660 96 0.43 100 7.30 86 9.02 58Invesco (Trimark Canadian Small Cap) 127

Apr-00 -4.69 -0.55 -4.36 100 13.20 12 3.22 88 6.19 0.28100 88 4.19 90 3.35 100 -11.11 100J Zechner Associates Inc. Special Equity Fund 7792

Aug-16 -0.21 8.33 10.51 4Jarislowsky, Fraser Small/Mid Cap Equity Fund 2643

Dec-13 -1.01 -0.98 1.05 70 9.74 48 -0.01 92Lincluden Canadian Small Mid Cap Equity Pooled Fund 8150

Oct-11 -8.70 -6.13 -2.63 96 9.32 52 4.90 75 2.28 64 7.85 56 11.72 48Louisbourg Canadian Small Cap Fund 93100

Jan-88 7.05 12.14 7.91 22 11.58 32 12.97 4 16.05 7.441 12 13.18 6 21.04 1 21.66 1Mawer New Canada Fund 81

Dec-84 2.27 9.15 6.07 35 12.22 24 5.76 67 9.67 3.7945 44 4.93 83 6.37 90 3.99 94Montrusco Bolton Canadian Small Cap Equity Fund 1612

Aug-00 -1.48 4.86 3.47 50 13.38 8 7.91 38 9.34 4.6654 32 8.69 28 12.20 42 6.53 70PCJ Canadian Small Capitalization Fund 5754

Feb-07 -0.64 5.84 6.31 31 8.25 68 7.82 41 11.37 3.4526 52 8.33 43 12.28 39 14.20 16Pembroke Canadian Growth Fund 4246

Dec-96 2.00 6.74 8.15 16 12.47 20 9.87 18 12.13 6.4714 20 10.67 18 15.71 9 16.26 10QV Investors Canadian Small Cap Fund 3516



Canadian Small Cap


1 quarter

ROR-% PR



May-01 1.90 5.37 4.14 46 10.68 44 8.01 34 9.09 4.7065 28 8.68 30 10.39 57 6.51 73SEI Canadian Small Company Equity Fund 5019

Jun-13 -1.69 5.47 8.14 18 8.42 64 6.84 58 3.27 56 7.19 69Sionna Canadian Small Cap Pooled Fund 4658

Jun-07 -3.31 6.07 2.66 60 11.32 36 7.57 50 10.53 6.2540 24 7.94 49 13.46 32 10.43 38Triasima Canadian Small Capitalization Equity 3974

Fund Count 27 27 27 26 25 21 26 24 22 20

Average Return -0.64 4.33 3.93 10.27 7.38 10.11 3.84 8.20 11.43 9.45

5th Percentile 5.30 13.21 10.24 15.36 12.70 13.59 8.90 13.35 16.32 17.90

1st Quartile 1.64 8.40 7.27 12.15 9.57 11.40 5.86 9.05 14.66 12.59

Median -1.01 5.37 3.47 9.53 7.57 9.37 3.60 7.93 11.40 10.11

3rd Quartile -3.31 0.03 0.73 7.48 4.93 9.00 1.46 6.76 9.13 6.43

95th Percentile -5.21 -6.37 -2.25 6.07 2.39 7.15 -1.10 3.17 4.48 2.28



Global Equity


1 quarter

ROR-% PR



Jun-08 0.11 7.86 9.61 86 10.18 84 9.68 96 9.04 7.5893 96 10.15 96 12.04 96 13.26 94Aberdeen Canada-Global Equity Fund 8886

Apr-12 3.40 17.24 11.87 64 11.72 60 13.43 64 12.37 54 12.50 86 17.67 58Addenda Global Equity Pooled Fund 1421

Dec-09 1.24 6.29 9.51 88 10.62 82 13.17 70 10.85 81 14.96 36 17.80 48 18.93 50AGF Global Core Equity Pooled 9474

Apr-00 -6.70 6.79 -1.32 100 6.25 100 -1.85 100 1.95 -6.59100 100 -3.89 100 -2.02 100 -7.81 100AGF Global Resources Class 91100

Dec-07 -0.46 6.23 12.26 59 12.62 38 11.21 94 9.75 11.0188 79 12.49 87 13.74 93 15.51 87Beutel Goodman Global Dividend Fund 9490

Jul-95 1.30 7.06 12.75 52 12.50 41 12.50 80 9.82 11.4185 75 13.90 60 15.59 79 16.75 74Beutel Goodman Global Equity Fund 9071

Jul-05 -1.44 3.72 10.80 78 11.77 58 13.30 67 9.91 11.7882 69 15.83 23 17.33 62 18.39 58Beutel Goodman World Focus Equity Fund 10094

May-05 0.91 5.04 12.38 57 15.08 14 14.18 48 13.45 15.1312 16 16.59 10 20.75 12 17.79 64Black Creek Focus Fund 9782

Sep-12 3.95 11.95 11.27 75 11.78 58 12.53 78 11.29 76 12.67 82 14.89 87BMO AM Global Equity Fund 634

Feb-97 0.63 11.01 11.84 65 9.05 89 12.30 83 9.75 9.5388 92 12.63 84 17.75 52 19.29 44Brandes Canada Global Equity Unit Trust 6884

Feb-08 3.63 14.57 9.60 86 10.78 79 15.36 26 12.80 14.0116 26 15.56 32 21.22 7 21.93 10Burgundy Global (ex Canada) Fund 4011

Jul-05 3.82 10.02 7.42 95 8.75 94 13.13 71 10.74 11.0856 78 13.92 59 19.30 23 20.12 34Burgundy Global Focused Opportunities Fund 766

Mar-93 3.10 12.34 9.92 81 11.37 69 13.50 61 12.56 12.0322 62 13.79 65 18.13 42 19.06 48Burgundy Partners Global Fund 6235

Dec-02 2.04 15.89 15.89 20 15.54 10 16.14 12 13.51 14.9312 18 16.20 15 19.12 26 19.89 37Capital Group Global Equity Fund (class I) 2255

Nov-96 3.35 14.40 14.52 30 13.02 31 14.78 37 12.21 12.8526 48 14.87 38 18.98 31 20.77 21CC&L Q Global Equity Fund 4226

Dec-96 3.37 14.27 14.43 31 12.89 33 14.71 40 12.09 12.8129 50 14.82 40 18.93 32 20.71 22CC&L Q Group Global Equity Fund 4424

Nov-04 1.09 5.78 5.64 97 8.62 95 15.08 30 11.78 16.7334 6 17.53 6 22.98 2 19.32 44CC&L Q Market Neutral Fund 9679

Jul-13 3.66 11.06 11.33 74 11.41 67 12.80 75 11.86 66 13.24 73CI Cambridge Global Dividend Fund 6810

Oct-06 2.69 15.84 16.45 14 13.38 28 13.90 53 12.65 12.6518 52 13.42 70 15.44 83 18.03 61CI Signature Global Equity Fund 2442

Dec-98 -5.68 6.72 3.99 98 12.14 51 1.90 99 3.08 -1.5698 99 0.73 99 0.71 99 -4.38 99CI Signature Global Resource Fund 9199

Dec-11 1.00 16.32 15.90 20 12.61 38 15.16 28 13.77 32 14.87 38 17.69 54CIBC Global Equity Growth Pool 1981

Jan-15 1.57 16.42 14.10 35 12.83 35Cidel Global Equity Pooled Fund 1864

Dec-12 3.20 15.85 12.18 60 12.25 47 15.96 15 14.73 21 15.99 19Eterna Global Equity Focus Fund 2330

Jan-10 3.98 13.54 12.28 59 11.32 71 11.88 89 10.44 84 11.46 94 15.62 78 15.59 86FGP Global Equity Fund Class B 504

Feb-15 1.47 15.07 8.96 92 11.55 63Fidelity Global Low Volatility Institutional Trust 3566

May-06 3.25 15.31 13.41 44 11.03 76 14.11 49 10.69 12.1658 60 13.81 64 17.66 58 20.30 30Fidelity Select Global Equity Institutional Trust 3129

Jun-10 2.31 13.23 12.93 48 11.14 74 13.76 56 11.83 67 13.89 60 16.78 70 18.76 53Fidelity Select Global Plus Institutional Trust 5348

Oct-09 4.55 18.82 17.23 7 15.85 6 17.51 3 16.90 6 17.18 8 20.85 10 21.80 12Fiera Capital Global Equity Fund 92

Feb-08 0.07 19.04 18.32 4 15.08 14 15.46 22 11.71 15.0138 17 14.58 47 15.43 83 17.47 69Franklin Global Growth Corporate Class Fund 886

Feb-06 3.32 10.72 9.28 89 8.98 90 12.88 74 8.43 9.9995 89 13.43 70 15.41 84 16.39 79GEM Global Equity Pool 7027

Feb-04 1.12 10.55 13.85 38 11.42 66 13.38 66 11.52 13.3442 39 14.10 57 17.31 62 18.45 58GIIC Global Fund 7279

Aug-08 2.45 15.02 15.44 23 14.85 15 17.29 5 15.73 16.634 7 17.86 4 22.14 4 22.34 7Global Alpha Global Small Cap Fund 3646

Jan-08 -4.80 3.94 13.57 42 15.35 12 13.41 65 10.21 11.7570 71 15.90 21 17.81 48 15.17 89Greenchip Global Equity Fund 10098



Global Equity


1 quarter

ROR-% PR



Jan-14 3.62 16.99 16.54 13 13.60 22 15.77 13Greystone Global Equity Fund 1512

Jan-11 3.40 14.75 14.80 28 12.72 36 14.73 38 13.50 37 14.73 42 16.91 68 19.15 46Greystone Global Income & Growth Fund 3821

Jul-14 3.15 25.26 22.39 1 17.93 1 20.71 1Guardian Fundamental Global Equity Fund 133

Dec-02 3.05 13.30 16.63 12 13.40 27 15.86 17 9.27 13.7191 33 16.51 11 15.60 78 16.26 82Guardian Global Equity Fund 5238

May-10 2.98 10.00 9.74 83 8.21 97 12.19 86 9.87 91 12.75 80 13.43 94 14.90 90Guardian Global Equity GPS Fund 7639

Jan-11 1.71 9.75 8.71 94 10.00 86 12.73 76 11.06 78 13.49 68 16.29 72 16.49 77Hexavest ACWI Fund 7862

Jun-04 2.30 10.49 8.71 94 10.18 84 13.49 62 10.83 11.7754 70 14.25 55 17.95 44 18.06 61Hexavest World Fund 7250

Mar-12 2.30 13.02 12.59 56 11.71 60 13.13 71 11.69 72 13.15 74 15.28 85Highstreet Global Equity 5649

Dec-13 -1.52 11.66 16.80 11 15.78 6 17.47 4Hillsdale Global Small Cap Equity Fund 6494

Aug-09 1.89 13.34 12.58 56 10.12 85 14.19 48 12.30 57 14.40 52 17.52 60 20.35 28Industrial Alliance Global Equity 5257

Sep-81 2.63 16.54 11.12 76 13.91 19 15.04 31 11.38 13.8444 29 14.67 44 19.07 28 17.88 63Invesco (Trimark Fund) 1744

Jun-07 1.70 8.60 11.79 67 11.99 54 12.01 87 15.67 10.004 89 12.89 79 17.75 52 20.90 18Invesco (Trimark Global Small Cap) 8362

Dec-13 3.05 15.42 13.32 45 12.35 46 12.36 56Jarislowsky Fraser Global Equity (All Country) Fund 2938

Oct-05 3.75 15.52 13.56 42 12.44 43 14.60 42 11.97 13.0131 45 14.37 53 17.68 56 19.82 39Jarislowsky Fraser Global Equity Fund 278

Dec-05 3.18 16.13 15.27 24 12.16 50 14.87 35 11.07 12.8350 50 14.55 48 17.69 54 20.45 24JP Morgan Global Intrepid - Canada Fund 2032

Jan-10 1.76 15.83 16.10 16 14.08 18 17.29 5 15.90 12 17.66 6 20.80 11 21.78 13Landry Global Equity Fund 2459

Sep-10 -2.56 10.92 11.68 69 8.54 96 13.89 53 12.36 56 14.65 45 21.48 6 25.51 2Lazard Global Small Cap Equity Canada Fund 6996

Jul-05 1.99 9.83 12.01 62 11.91 55 12.42 81 10.02 10.0478 88 13.08 76 17.85 46 18.33 59Letko Brosseau RSP International Equity Fund 7856

Jul-98 1.27 14.38 14.82 28 11.44 66 13.55 59 10.61 11.9460 64 13.35 71 15.76 76 18.97 50London Life Global Equity Fund (LC) 4273

Oct-09 3.43 18.32 13.90 37 13.69 21 16.29 10 14.90 19 15.79 24 19.88 18 21.48 15Mawer Global Equity Fund 1020

Oct-07 2.70 17.39 13.52 42 13.34 28 18.17 1 19.39 16.331 10 18.37 1 25.96 1 28.90 1Mawer Global Small Cap Fund 1242

Aug-02 3.21 20.31 16.97 9 15.79 6 16.59 9 11.76 16.3935 10 15.68 29 18.48 36 19.20 45MFS Global Equity Growth Fund 630

Aug-02 2.66 9.64 9.63 85 10.92 77 14.72 40 10.60 13.1162 43 16.02 19 21.08 8 21.82 12MFS Global Equity Value Fund 7943

Jun-96 2.36 15.25 14.37 32 12.41 44 14.50 44 10.42 13.2566 40 14.31 54 17.05 67 18.58 56MFS Global Research Fund 3247

Aug-94 1.24 21.11 17.78 5 15.71 8 16.09 12 13.70 14.8510 20 14.87 38 18.20 40 19.63 41Montrusco Bolton Global Equity Fund 574

Jul-13 2.21 14.99 15.18 25 13.44 26 15.98 14 14.33 24 16.23 14Northern Trust Asset Mgmt. Global Equity Fund 3652

Jan-90 -0.35 8.68 12.72 53 16.52 2 14.45 44 14.56 13.167 41 15.94 20 22.78 3 19.97 36Orbis Global Equity Fund 8288

Dec-00 2.22 21.57 19.40 2 16.56 2 18.82 1 12.65 17.8220 2 18.15 2 19.69 19 20.42 25PH&N Global Equity Fund 352

Dec-06 1.17 14.55 14.31 33 13.06 30 13.98 51 12.21 12.8626 47 13.84 63 17.11 65 17.54 68QV Investors Global Equity Fund 4077

Apr-14 2.24 21.82 19.44 2 16.55 2 17.78 2RBC Global Equity Focus Fund 252

Mar-14 1.19 12.65 15.04 26 12.17 50 11.80 68RBC QUBE All Country World Equity Fund 5976

Jun-13 1.46 13.70 15.81 21 12.58 39 15.72 19 12.84 48 16.22 14RBC QUBE Global Equity Fund 4967

Apr-14 4.21 15.36 10.79 78 11.35 70 13.61 36RBC QUBE Low Volatility All Country World Equity Fund 303



Global Equity


1 quarter

ROR-% PR



Jan-13 3.72 12.84 10.36 80 11.27 72 15.47 22 13.78 32 16.13 17RBC QUBE Low Volatility Global Equity Fund 578

Jul-17 3.49 21.64 17.31 6 13.58 22 15.69 19 11.08 14.2850 24 14.24 55 17.76 51 19.74 40RBC Vision Global Equity Fund 217

Nov-14 1.79 8.79 9.14 90 9.09 88Setanta Gl Dividend Fund 8259

Oct-05 3.61 13.92 13.15 46 13.50 24 15.01 32 11.61 14.0640 26 15.29 34 19.84 18 19.98 36Setanta Global Equity Fund 4712

Jun-15 3.56 15.15 12.74 52 12.88 34Setanta Global SRI Fund 3314

Jun-95 0.87 10.45 11.86 64 12.20 48 12.22 85 9.98 10.5380 83 12.67 82 15.54 80 15.81 84Sprucegrove Global (Pension) Pooled Fund 7383

Jan-15 -0.63 17.39 17.14 8 15.41 11T. Rowe Price Global Growth Equity Pool 1291

Dec-07 1.68 5.72 6.60 96 7.37 99 11.69 90 10.07 9.0374 94 13.23 73 17.10 66 20.25 31TD Emerald Global Dividend Pooled Fund Trust 9662

Aug-99 3.36 15.56 14.14 35 12.47 42 14.91 34 11.20 13.1347 42 14.75 42 18.18 41 19.85 38TD Emerald Global Equity Pooled Fund Trust Passive 2725

May-11 3.51 11.54 9.77 82 10.66 81 13.87 54 11.94 64 14.46 50 17.82 47 17.55 68TD Emerald Low Volatility All World Equity PFT 6516

Dec-09 3.51 13.96 11.58 70 12.02 54 15.42 24 13.65 35 15.78 25 19.51 21 18.80 52TD Emerald Low Volatility Global Equity PFT 4716

Jan-92 1.32 8.15 11.47 72 8.92 92 11.60 91 10.16 8.9671 95 12.47 88 18.48 36 21.17 17Templeton Global Equity Trust 8670

Mar-89 -2.28 8.43 11.79 67 11.51 64 10.17 96 10.56 10.2764 86 10.61 96 14.49 90 12.73 96Templeton Global Smaller Companies Fund 8496

Sep-97 1.47 8.14 11.39 73 8.86 93 11.41 93 10.04 8.8476 96 12.24 91 18.30 38 20.89 18Templeton Global Stock Trust 8666

Nov-12 3.38 12.58 12.82 50 11.83 57 13.59 58 12.13 60 13.84 63Triasima ACWE 6023

Jan-16 5.30 19.29 15.94 18Triasima ACWE Ex-Fossil Fuels Fund 81

Nov-08 -0.48 12.55 16.12 16 14.26 17 17.08 7 15.57 14 18.23 2 23.44 2 24.50 3Wellington MP (Canada) Global Perspectives Equity 6090

Feb-10 1.36 14.17 13.83 38 11.13 74 15.36 26 13.84 29 15.66 30 20.56 14 23.56 4Wellington MP (Luxembourg) Global Opportunities 4570

Jun-09 3.12 13.13 12.80 50 10.76 79 12.49 80 10.65 82 12.33 90 14.57 90 16.31 81Wellington MP (Luxembourg) Global Value 5535

Fund Count 85 85 85 84 72 46 79 71 74 74

Average Return 1.87 13.16 12.89 12.24 13.80 11.18 12.56 14.09 17.41 18.23

5th Percentile 3.89 20.84 17.72 16.05 17.28 15.29 17.10 17.75 21.79 23.07

1st Quartile 3.36 15.72 15.16 13.46 15.39 12.25 14.17 15.78 19.20 20.41

Median 2.30 13.54 12.80 12.16 14.04 11.08 12.83 14.46 17.77 18.95

3rd Quartile 1.22 10.20 11.24 11.08 12.79 10.05 11.36 13.09 15.91 16.71

95th Percentile -1.99 5.99 7.80 8.66 10.68 8.11 8.93 11.04 13.18 13.04



US Equity


1 quarter

ROR-% PR



Sep-04 7.59 25.15 18.10 26 13.50 68 18.67 36 14.06 15.5737 51 17.10 46 20.85 55 25.74 15Addenda U.S. Equity Pooled Fund 127

Jun-57 4.46 29.51 23.40 2 19.14 2 20.92 6 15.99 19.775 4 18.86 14 21.55 33 24.08 44AGF American Growth Class 368

Jan-91 5.98 11.57 14.15 84 15.04 47 18.15 44 13.94 15.1539 57 19.85 7 22.97 10 24.39 36Beutel Goodman American Equity Fund 9838

Dec-98 5.83 21.82 17.25 42 15.87 24 19.28 22 14.19 16.7030 24 18.65 20 21.64 30 24.19 41BlackRock CDN US Equity Index Non-Taxable Class A 4240

Oct-98 1.83 19.34 17.59 32 16.21 12 15.04 83 12.98 15.5066 52 13.99 88 19.10 74 21.97 66BlackRock Russell 2000 Index Fund B 6595

Dec-98 5.27 21.58 17.55 35 15.93 22 18.98 28 14.54 16.8124 20 18.34 29 22.12 22 24.81 26BlackRock Russell 3000 Index Fund B 4756

May-09 6.43 25.10 16.08 57 12.40 90 18.68 36 16.03 44 17.13 45 23.75 6 29.66 1Bristol Gate US Equity Fund 1228

Jun-96 8.60 24.05 15.15 72 14.23 58 18.36 42 13.63 16.6950 25 16.97 52 21.97 25 23.85 46Burgundy American Equity Fund 161

Jul-05 3.86 19.48 16.45 55 14.88 51 16.52 66 16.01 16.154 41 15.80 71 20.72 58 24.92 24Burgundy U.S. Small/Mid Cap Equity Fund 6482

May-97 2.37 17.21 15.31 70 13.85 64 16.36 70 16.47 15.992 45 16.14 65 21.20 42 25.85 13Burgundy U.S. Smaller Companies Fund 7490

Jan-14 1.99 18.58 13.27 89 15.72 32 13.76 73Capital Group U.S. Equity Fund (Canada) (share class I) 6894

Aug-01 7.09 22.55 17.82 29 15.84 28 19.31 21 14.52 17.1026 14 18.52 25 22.36 17 25.91 10CC&L Q US Equity Fund 3217

Jun-11 7.74 15.55 12.34 92 11.55 95 14.73 86 12.26 86 14.53 82 19.58 72 22.31 63CI Cambridge American Equity 886

Feb-01 5.80 21.78 17.35 39 15.87 25 19.24 24 14.18 16.6032 30 18.62 20 21.59 32 24.24 40CIBC U.S. Equity S&P 500 Index Pool 4442

Dec-11 4.04 14.01 10.84 96 12.69 85 15.83 78 12.70 81 16.29 64 21.33 38CIBC U.S. Equity Value Pool 9578

Oct-14 8.62 22.99 17.36 38 14.12 60 12.20 88Dixon Mitchell Foreign Equity Fund 291

Mar-88 4.83 21.18 21.37 6 14.92 50 17.56 52 12.95 15.6969 49 16.67 60 19.73 70 24.37 37Duncan Ross Pooled Trust 5164

Jan-03 4.22 20.53 15.60 65 12.94 78 18.01 46 13.45 14.9452 60 17.39 41 20.89 53 24.71 29Fidelity U.S. Large Cap Core Institutional Trust 5674

Jun-11 1.49 15.09 13.43 88 12.32 90 16.39 69 16.30 36 16.71 58 23.27 8 27.72 3Fidelity U.S. Small Mid Cap Core Institutional Trust 9198

Jun-09 6.37 27.15 20.23 16 17.61 7 21.71 1 19.87 3 20.38 2 25.33 1 27.08 5Fiera Capital US Equity ESG Fund 730

Jul-09 6.41 27.23 20.40 12 18.11 5 21.68 1 20.12 2 20.33 2 25.32 1 26.50 8Fiera Capital US Equity Fund 629

Nov-93 8.45 22.66 14.87 76 13.08 74 14.73 86 11.80 11.5689 94 12.83 92 18.53 80 19.05 92Foyston Gordon & Payne US Equity Fund 313

Dec-84 6.25 20.88 14.95 74 16.18 15 16.98 58 13.80 15.9444 46 16.03 68 20.88 54 20.02 88Franklin U.S. Rising Dividends Fund 5332

Dec-97 7.15 26.76 21.26 7 18.04 6 21.26 5 14.72 19.1319 6 19.92 6 21.79 27 24.95 24Greystone US Equity Fund 1014

Jan-05 6.23 24.36 18.58 22 16.37 10 19.95 9 13.83 17.9141 9 18.87 13 21.29 39 23.89 46Greystone US Equity Income & Growth Fund 1533

Aug-16 5.72 17.54 15.92 58Guardian US Equity Select Fund 7246

Dec-02 3.71 16.62 15.48 67 13.10 74 16.96 59 12.03 14.1383 67 17.04 50 18.82 77 20.67 83Guardian US Growth Equity Fund 8284

Jan-83 4.28 24.03 20.49 11 15.63 34 19.63 14 13.34 16.9158 17 18.55 24 20.65 60 23.27 52GWL U.S. Equity Fund 2 1771

Mar-96 4.23 23.81 20.41 12 15.57 36 19.43 18 16.71 23 18.36 28 20.39 64 22.94 60GWL U.S. Equity Fund 3 2174

Dec-00 3.33 22.45 17.90 28 12.83 81 16.17 73 11.75 15.3190 55 14.65 81 18.16 87 20.87 79GWL U.S. Mid Cap Fund 3387

Apr-04 5.32 16.63 10.54 98 12.57 88 16.80 64 12.94 14.3470 65 16.85 55 21.03 47 20.89 78Hexavest US Fund 8254

Oct-98 6.78 23.80 17.69 31 15.26 42 17.53 52 11.93 15.0086 58 16.02 69 18.75 78 20.29 86Highstreet U.S. Equity Fund 2223

Mar-96 2.17 22.00 23.76 2 20.24 1 21.51 3 17.73 22.741 1 21.39 1 25.06 2 28.71 2Hillsdale U.S. Small Cap Equity Fund 3992



US Equity


1 quarter

ROR-% PR



Oct-97 3.89 16.81 13.93 85 13.48 68 16.90 61 12.46 14.0779 70 16.92 54 21.12 45 23.00 59HSBC US Equity Pooled Fund 7882

Jan-07 5.45 17.71 13.53 88 11.14 96 17.17 56 12.81 14.0874 70 17.04 50 20.58 62 25.33 19Industrial Alliance U.S. Equity 7152

Sep-98 5.49 19.94 14.64 78 11.96 93 17.32 55 14.12 14.9135 62 16.68 59 21.37 36 25.18 22Integra US Value Growth Fund 6150

Oct-99 4.54 23.96 21.17 8 15.68 33 19.62 15 15.84 16.637 28 18.55 23 20.98 49 26.63 7Invesco (Trimark US Companies) 1967

Aug-02 4.07 17.05 14.84 76 13.34 71 13.78 91 15.29 12.2412 86 12.98 91 17.08 93 19.68 89Invesco (Trimark US Small Cap) 7578

Nov-98 7.15 19.62 14.38 80 12.98 76 18.00 47 13.67 15.4848 53 17.60 39 21.76 28 25.21 21Jarislowsky Fraser US Equity Fund 6314

Nov-07 6.94 23.16 19.02 20 16.15 16 19.74 11 15.66 16.759 21 18.90 12 22.63 13 25.92 10JP Morgan US Large Cap 130/30 - Canada Fund 2821

Jun-01 0.73 5.76 10.43 99 8.88 100 12.47 100 12.73 9.7376 99 14.21 86 18.27 86 21.71 68Kingwest US Equity Portfolio 100100

Aug-03 4.85 22.26 18.36 23 16.20 13 19.49 17 14.45 17.8027 10 18.81 16 22.97 10 28.36 2Landry US Equity Fund 3663

Sep-01 3.95 13.84 15.36 68 13.63 66 15.62 79 12.15 12.8682 80 16.07 67 18.31 85 20.97 77Leith Wheeler US Equity Fund 9580

Jan-07 7.08 16.66 12.19 93 13.43 70 15.23 82 12.98 13.5066 77 14.87 78 20.74 58 20.80 81Lincluden U.S. Equity Pooled Fund 8018

Jan-88 4.23 23.73 19.68 18 15.14 44 18.47 40 13.31 15.7959 48 17.19 43 18.94 75 23.09 56London Life US Equity Fund (LC) 2374

Nov-01 3.24 22.24 17.59 32 12.61 87 15.84 78 13.37 13.6156 76 14.29 84 17.83 90 21.35 73London Life US Growth Sectors Fund (LC) 3788

Oct-04 2.09 13.20 10.41 100 8.75 100 12.62 98 11.04 8.8296 100 12.47 96 18.56 80 21.38 71London Life US Value Fund (LC) 9793

Dec-10 5.55 18.10 14.31 82 11.90 94 15.96 75 11.71 93 15.43 74 20.05 67 21.43 70Louisbourg US Equity Fund 7048

Jan-98 5.77 21.47 16.88 48 15.48 38 18.84 31 13.79 16.2946 36 18.19 32 21.17 43 23.71 49Manulife AM US Equity Index Pooled 4843

Dec-92 5.13 23.35 16.61 53 15.86 27 18.81 34 13.45 17.5852 12 17.70 38 22.50 15 24.60 32Mawer U.S. Equity Fund 2658

Sep-83 5.33 20.21 17.23 44 15.13 44 18.53 39 13.20 16.5862 30 18.12 33 21.44 35 24.36 38MFS U.S. Equity Core Pension Fund 5954

Dec-85 4.32 26.96 20.26 15 18.33 4 19.68 13 14.61 18.0622 8 17.92 36 21.14 45 23.06 57Montrusco Bolton U.S. Equity Fund 970

Dec-99 6.66 31.42 21.98 5 14.18 60 12.51 99 15.19 12.5313 82 8.23 100 12.18 100 17.69 96Pembroke US Growth Fund 125

Sep-64 6.06 23.51 18.08 26 14.28 57 16.44 67 11.61 13.6192 76 14.73 80 18.04 89 21.33 74PH&N U.S. Equity Fund 2536

Jun-10 4.80 21.79 17.51 36 14.84 52 18.00 48 16.16 40 17.07 48 20.28 65 23.09 56PH&N U.S. Multi-Style All-Cap Equity Fund 4364

Feb-92 7.11 22.27 16.71 52 15.04 47 18.81 34 14.62 16.4121 33 17.96 36 22.20 21 25.83 13Scheer Rowlett & Associates US Equity Fund 3616

Jul-97 6.15 15.25 11.95 94 12.80 82 14.41 88 11.06 12.0196 90 14.20 86 18.36 83 20.58 84SEAMARK US Equity Pooled Fund 9035

Nov-99 4.94 19.04 15.26 71 12.80 82 16.83 63 13.19 14.1662 66 16.28 64 20.57 62 24.66 30SEI U.S. Large Company Equity Fund 6660

Jan-99 7.37 16.29 16.93 47 16.01 20 13.19 94 10.57 11.56100 95 12.43 97 12.87 98 16.32 100SEI US Large Cap Index Fund Hedged 8410

Nov-99 3.56 20.30 15.88 59 13.81 64 16.35 71 12.64 16.2078 39 15.38 74 20.92 51 23.27 52SEI US Small Company Equity Fund 5885

Nov-15 4.93 32.90 26.93 1T. Rowe Price U.S. Large-Cap Core Growth Equity Pool 160

Aug-97 5.74 21.46 16.87 49 15.46 38 18.88 30 13.80 16.3144 35 18.25 30 21.23 40 23.78 48TD Emerald U.S. Market Index Fund 4845

Dec-10 7.46 16.76 17.31 40 16.40 10 13.55 92 11.90 91 12.76 93 13.24 96 16.81 98TD Emerald Hedged U.S. Equity PFT II 789

Aug-97 7.37 16.29 16.85 50 16.10 18 13.17 94 10.71 11.5398 96 12.40 98 12.86 98 16.41 99TD Emerald Hedged U.S. Market Index Pooled Fund 8410

Dec-93 5.82 21.80 17.23 44 15.83 29 19.24 24 14.17 16.6732 26 18.61 20 21.60 31 24.17 42TD Emerald Pooled US Fund Passive 4240

Oct-06 8.27 15.94 15.69 63 15.97 21 14.46 88 11.92 12.4386 83 14.09 88 15.89 94 18.21 95TD Emerald Systematic Alpha Hedged U.S. Equity Pooled Fund 874



US Equity


1 quarter

ROR-% PR



Nov-01 6.63 21.00 15.70 63 15.36 40 20.11 8 15.05 17.1215 14 19.89 6 24.30 4 25.56 18TD Emerald Systematic Alpha U.S. Equity Pooled Fund 5226

Jan-13 6.93 27.26 19.34 19 14.76 53 14.10 69Triasima American All Capitalization Fund 621

Jul-96 1.57 14.97 14.32 82 12.91 79 17.71 50 12.86 14.9372 61 18.40 27 22.59 14 24.82 26UBS (Canada) American Equity Fund 9298

Jun-94 5.47 20.46 15.82 61 14.48 55 19.10 27 14.98 16.9016 18 18.77 17 23.65 6 27.16 5Wellington MP (Luxembourg) US Research Equity Portfolio 5651

Fund Count 70 70 70 68 65 55 68 64 73 74

Average Return 5.30 20.68 16.77 14.60 17.43 13.60 15.24 16.72 20.44 23.11

5th Percentile 8.01 27.51 21.84 18.10 21.17 15.98 19.46 20.01 24.05 27.08

1st Quartile 6.67 23.48 18.15 15.87 19.20 14.53 16.69 18.51 21.95 24.88

Median 5.48 21.32 16.86 14.90 17.71 13.63 15.63 17.04 20.95 23.62

3rd Quartile 4.19 17.07 14.90 13.04 15.99 12.77 13.64 15.25 18.95 21.17

95th Percentile 1.88 13.91 11.37 11.66 13.06 11.12 11.56 12.57 14.73 18.07



US Large Cap


1 quarter

ROR-% PR



Jan-91 5.98 11.57 14.15 92 15.04 68 18.15 56 13.94 15.1532 60 19.85 3 22.97 12 24.39 39Beutel Goodman American Equity Fund 10054

Dec-98 5.83 21.82 17.25 35 15.87 32 19.28 28 14.19 16.7024 24 18.65 28 21.64 36 24.19 47BlackRock CDN US Equity Index Non-Taxable Class A 4058

Jun-96 8.60 24.05 15.15 80 14.23 76 18.36 52 13.63 16.6950 28 16.97 65 21.97 28 23.85 58Burgundy American Equity Fund 121

Jan-03 4.22 20.53 15.60 72 12.94 88 18.01 60 13.45 14.9455 64 17.39 54 20.89 64 24.71 28Fidelity U.S. Large Cap Core Institutional Trust 62100

Nov-93 8.45 22.66 14.87 84 13.08 80 14.73 80 11.80 11.5682 92 12.83 90 18.53 76 19.05 85Foyston Gordon & Payne US Equity Fund 274

Jan-05 6.23 24.36 18.58 19 16.37 8 19.95 4 13.83 17.9137 4 18.87 19 21.29 48 23.89 54Greystone US Equity Income & Growth Fund 839

Apr-04 5.32 16.63 10.54 100 12.57 100 16.80 72 12.94 14.3472 68 16.85 69 21.03 60 20.89 77Hexavest US Fund 8076

Nov-98 7.15 19.62 14.38 89 12.98 84 18.00 64 13.67 15.4846 56 17.60 50 21.76 32 25.21 23Jarislowsky Fraser US Equity Fund 6924

Nov-07 6.94 23.16 19.02 12 16.15 16 19.74 8 15.66 16.751 20 18.90 16 22.63 16 25.92 8JP Morgan US Large Cap 130/30 - Canada Fund 2331

Aug-03 4.85 22.26 18.36 23 16.20 12 19.49 20 14.45 17.8018 12 18.81 23 22.97 8 28.36 4Landry US Equity Fund 3488

Jan-88 4.23 23.73 19.68 8 15.14 56 18.47 48 13.31 15.7959 52 17.19 58 18.94 72 23.09 66London Life US Equity Fund (LC) 1697

Sep-83 5.33 20.21 17.23 40 15.13 60 18.53 44 13.20 16.5864 36 18.12 38 21.44 44 24.36 42MFS U.S. Equity Core Pension Fund 6574

Dec-85 4.32 26.96 20.26 4 18.33 1 19.68 12 14.61 18.0612 1 17.92 46 21.14 56 23.06 68Montrusco Bolton U.S. Equity Fund 493

Sep-64 6.06 23.51 18.08 26 14.28 72 16.44 76 11.61 13.6186 76 14.73 77 18.04 84 21.33 74PH&N U.S. Equity Fund 1950

Nov-12 6.16 20.88 15.85 62 15.40 44 19.42 24 17.87 8 19.06 11RBC QUBE Low Volatility U.S. Equity Fund 5743

Jun-13 5.65 21.17 18.72 16 15.39 48 19.55 16 16.07 48 19.15 8RBC QUBE U.S. Equity Fund 5069

Feb-92 7.11 22.27 16.71 57 15.04 64 18.81 40 14.62 16.4110 40 17.96 43 22.20 24 25.83 11Scheer Rowlett & Associates US Equity Fund 3226

Jul-97 6.15 15.25 11.95 96 12.80 92 14.41 88 11.06 12.0191 84 14.20 82 18.36 80 20.58 80SEAMARK US Equity Pooled Fund 9646

Nov-99 4.94 19.04 15.26 77 12.80 96 16.83 68 13.19 14.1668 72 16.28 73 20.57 68 24.66 30SEI U.S. Large Company Equity Fund 7282

Jan-99 7.37 16.29 16.93 47 16.01 24 13.19 96 10.57 11.56100 96 12.43 97 12.87 96 16.32 100SEI US Large Cap Index Fund Hedged 8816

Nov-15 4.93 32.90 26.93 1T. Rowe Price U.S. Large-Cap Core Growth Equity Pool 184

Aug-97 5.74 21.46 16.87 50 15.46 40 18.88 36 13.80 16.3140 44 18.25 35 21.23 52 23.78 60TD Emerald U.S. Market Index Fund 4665

Dec-10 7.46 16.76 17.31 32 16.40 4 13.55 92 11.90 88 12.76 92 13.24 92 16.81 93TD Emerald Hedged U.S. Equity PFT II 7812



US Large Cap


1 quarter

ROR-% PR



Aug-97 7.37 16.29 16.85 53 16.10 20 13.17 100 10.71 11.5396 100 12.40 100 12.86 100 16.41 97TD Emerald Hedged U.S. Market Index Pooled Fund 8618

Dec-93 5.82 21.80 17.23 42 15.83 36 19.24 32 14.17 16.6726 32 18.61 30 21.60 40 24.17 50TD Emerald Pooled US Fund Passive 4261

Oct-06 8.27 15.94 15.69 68 15.97 28 14.46 84 11.92 12.4378 80 14.09 84 15.89 88 18.21 88TD Emerald Systematic Alpha Hedged U.S. Equity Pooled Fund 927

Nov-01 6.63 21.00 15.70 66 15.36 52 20.11 1 15.05 17.125 16 19.89 1 24.30 1 25.56 19TD Emerald Systematic Alpha U.S. Equity Pooled Fund 5435

Fund Count 27 27 27 26 26 23 26 27 26 27

Average Return 6.19 20.82 16.86 15.03 17.59 13.28 15.21 16.92 20.17 23.13

5th Percentile 8.40 26.18 20.09 16.39 19.90 15.02 17.90 19.64 23.56 27.63

1st Quartile 7.13 22.91 18.22 16.00 19.39 14.18 16.70 18.73 22.14 24.96

Median 6.06 21.17 16.87 15.37 18.41 13.63 15.93 17.60 21.26 24.17

3rd Quartile 5.33 17.90 15.43 14.24 16.53 12.43 13.75 15.51 18.63 21.11

95th Percentile 4.25 15.46 12.61 12.80 13.28 10.76 11.56 12.53 12.96 16.53



US Large/Mid Cap


1 quarter

ROR-% PR



Sep-04 7.59 25.15 18.10 37 13.50 55 18.67 45 14.06 15.5712 46 17.10 56 20.85 46 25.74 16Addenda U.S. Equity Pooled Fund 181

Jun-09 6.37 27.15 20.23 26 17.61 9 21.71 1 19.87 8 20.38 1 25.33 1 27.08 1Fiera Capital US Equity ESG Fund 826

Jul-09 6.41 27.23 20.40 18 18.11 1 21.68 8 20.12 1 20.33 8 25.32 6 26.50 8Fiera Capital US Equity Fund 119

Dec-02 3.71 16.62 15.48 73 13.10 64 16.96 82 12.03 14.1376 82 17.04 63 18.82 70 20.67 92Guardian US Growth Equity Fund 8273

Jan-83 4.28 24.03 20.49 1 15.63 28 19.63 19 13.34 16.9150 28 18.55 19 20.65 54 23.27 54GWL U.S. Equity Fund 2 2856

Mar-96 4.23 23.81 20.41 10 15.57 36 19.43 27 16.71 36 18.36 36 20.39 61 22.94 61GWL U.S. Equity Fund 3 3863

Oct-98 6.78 23.80 17.69 46 15.26 45 17.53 64 11.93 15.0086 55 16.02 82 18.75 76 20.29 100Highstreet U.S. Equity Fund 449

Sep-98 5.49 19.94 14.64 82 11.96 90 17.32 72 14.12 14.911 72 16.68 72 21.37 38 25.18 31Integra US Value Growth Fund 7337

Nov-01 3.24 22.24 17.59 54 12.61 82 15.84 90 13.37 13.6138 90 14.29 91 17.83 93 21.35 76London Life US Growth Sectors Fund (LC) 6382

Oct-04 2.09 13.20 10.41 100 8.75 100 12.62 100 11.04 8.82100 100 12.47 100 18.56 84 21.38 70London Life US Value Fund (LC) 10091

Dec-92 5.13 23.35 16.61 64 15.86 19 18.81 37 13.45 17.5826 19 17.70 45 22.50 22 24.60 39Mawer U.S. Equity Fund 5445

Jul-96 1.57 14.97 14.32 90 12.91 73 17.71 55 12.86 14.9362 64 18.40 28 22.59 16 24.82 36UBS (Canada) American Equity Fund 91100

Fund Count 12 12 12 12 12 9 12 12 14 14

Average Return 4.74 21.79 17.20 14.24 18.16 12.91 15.68 17.28 20.86 23.56

5th Percentile 7.14 27.19 20.45 17.84 21.69 14.10 19.98 20.35 25.32 26.70

1st Quartile 6.38 24.31 20.27 15.68 19.48 13.47 17.08 18.44 22.27 25.48

Median 4.70 23.57 17.64 14.38 18.19 13.34 15.29 17.40 20.75 23.76

3rd Quartile 3.60 19.11 15.27 12.83 17.23 12.06 14.72 16.51 18.77 21.36

95th Percentile 1.85 14.17 12.56 10.52 14.39 11.40 11.46 13.47 17.70 20.54



US Small Cap


1 quarter

ROR-% PR



Oct-98 1.83 19.34 17.59 42 16.21 15 15.04 71 12.98 15.5072 58 13.99 77 19.10 57 21.97 63BlackRock Russell 2000 Index Fund B 70100

Jul-05 3.86 19.48 16.45 57 14.88 29 16.52 16 16.01 16.1528 28 15.80 28 20.72 42 24.92 25Burgundy U.S. Small/Mid Cap Equity Fund 5828

May-97 2.37 17.21 15.31 86 13.85 58 16.36 30 16.47 15.9915 42 16.14 15 21.20 15 25.85 13Burgundy U.S. Smaller Companies Fund 8672

Dec-00 3.33 22.45 17.90 30 12.83 100 16.17 56 11.75 15.31100 70 14.65 71 18.16 71 20.87 75GWL U.S. Mid Cap Fund 1656

Mar-96 2.17 22.00 23.76 1 20.24 1 21.51 1 17.73 22.741 1 21.39 1 25.06 1 28.71 1Hillsdale U.S. Small Cap Equity Fund 2886

Aug-02 4.07 17.05 14.84 100 13.34 86 13.78 86 15.29 12.2444 100 12.98 85 17.08 85 19.68 87Invesco (Trimark US Small Cap) 10015

Dec-99 6.66 31.42 21.98 14 14.18 43 12.51 100 15.19 12.5356 86 8.23 100 12.18 100 17.69 100Pembroke US Growth Fund 11

Nov-99 3.56 20.30 15.88 71 13.81 70 16.35 42 12.64 16.2085 16 15.38 43 20.92 29 23.27 50SEI US Small Company Equity Fund 4343

Fund Count 8 8 8 8 8 8 8 8 8 9

Average Return 3.48 21.16 17.96 14.92 16.03 14.76 15.83 14.96 19.31 22.94

5th Percentile 5.75 28.28 23.14 18.83 19.77 17.28 20.45 19.55 23.71 27.57

1st Quartile 3.92 22.12 18.92 15.21 16.40 16.12 16.16 15.88 20.99 24.90

Median 3.45 19.89 17.02 14.02 16.26 15.24 15.74 15.22 19.91 23.27

3rd Quartile 2.32 18.81 15.74 13.70 14.72 12.90 14.61 14.23 17.89 20.86

95th Percentile 1.95 17.11 15.00 13.01 12.96 12.06 12.34 9.89 13.91 18.49



North American Equity


1 quarter

ROR-% PR



Feb-08 8.22 21.23 17.11 20 9.36 60 15.82 1 16.84 12.641 20 14.51 13 20.39 1 33.83 1BloombergSen Partners Fund 201

Jul-95 0.52 10.39 13.56 40 12.21 20 12.06 74 11.18 10.3750 60 12.48 50 13.83 82 14.74 74Kingwest Avenue Portfolio 8080

Aug-97 1.88 11.13 12.32 60 11.65 40 13.34 26 10.73 10.9474 40 13.90 37 14.08 67 15.78 50Nexus North American Equity Fund 6040

May-05 0.60 16.45 6.97 80 7.45 80 13.04 50 11.75 8.1026 80 12.21 74 18.31 18 19.02 23Patient Capital Special Opportunities Fund 4060

Jan-06 -2.95 0.61 -0.62 100 -1.50 100 0.04 100 7.89 4.17100 100 -0.10 100 -2.09 100 -2.07 100Perennial Equity Portfolio 100100

Jan-13 6.93 27.26 19.34 1 14.76 1 14.10 1Triasima American All Capitalization Fund 120

Fund Count 6 6 6 6 5 5 6 9 7 5

Average Return 2.53 14.51 11.45 8.99 10.86 11.68 10.05 11.72 13.95 15.93

5th Percentile 7.90 25.75 18.78 14.12 15.33 15.82 13.73 14.76 19.76 30.54

1st Quartile 5.67 20.04 16.22 12.07 13.39 11.84 12.21 14.19 18.20 17.67

Median 1.24 13.79 12.94 10.51 13.04 11.18 10.65 12.48 15.06 15.78

3rd Quartile 0.54 10.58 8.31 7.93 11.84 10.68 8.66 12.16 13.96 14.42

95th Percentile -2.09 3.06 1.28 0.74 2.45 8.45 5.15 4.32 2.69 1.29



Non North American Equity


1 quarter

ROR-% PR



Nov-97 -1.32 1.61 8.47 77 7.91 64 9.79 55 5.76 8.9698 52 11.94 36 15.84 25 14.07 82AB Intl Value Equity (Cap-Weighted, Unhedged) 9465

Oct-00 -1.33 8.69 16.65 1 14.34 2 14.44 4 9.33 13.6428 2 15.93 4 16.14 20 15.40 48Acadian Core International Equity Fund 1366

Apr-12 -1.17 6.53 7.77 85 7.67 70 9.63 59 8.94 53 10.42 66 15.34 35Addenda EAFE Equity Pooled Fund 3558

Apr-98 -1.97 8.64 9.75 56 11.17 12 11.32 25 10.11 11.3716 18 12.01 35 16.08 20 15.13 58Baillie Gifford Overseas Fund 1884

Oct-93 -1.25 7.11 12.42 12 10.67 20 8.75 82 6.29 9.3395 46 9.16 96 9.18 100 10.60 98Beutel Goodman International Equity Fund 2961

Sep-08 -0.55 -2.64 7.58 89 8.51 55 10.15 47 13.27 9.621 43 13.60 15 19.11 6 20.47 2Black Creek International Equity Fund 10036

Jul-05 -0.39 6.41 9.91 48 8.11 60 9.51 62 7.64 8.5264 67 10.30 73 13.99 62 14.79 68BlackRock CDN MSCI EAFE Equity Index Class A 3828

Feb-97 -1.38 5.91 12.01 22 9.27 36 11.67 19 9.38 10.3928 28 13.16 19 16.92 11 17.91 8BlackRock International Alpha Tilts Fund B 5470

Jul-96 -0.77 9.06 10.19 43 8.81 46 10.06 49 7.59 8.6069 59 10.31 72 15.72 30 14.87 64Brandes Canada International Equity Unit Trust 1041

Jul-05 -1.08 7.65 5.86 98 9.85 30 13.64 6 12.44 13.182 5 15.19 6 20.71 4 19.30 5Burgundy EAFE Equity Fund 2655

Jan-01 -1.85 8.92 13.50 6 13.46 4 10.65 39 8.36 10.7649 26 11.08 54 13.43 78 12.92 86Capital Group International Equity Fund (class I) 1182

Oct-02 1.37 12.25 11.96 24 8.85 43 11.00 30 10.09 11.6618 14 10.69 60 14.09 58 17.17 15CIBC EAFE Equity Pool 16

Mar-98 -0.38 5.76 9.50 61 7.80 67 9.16 72 7.31 8.2182 76 10.02 77 13.66 72 14.53 77CIBC International Equity Index Pool 5527

Jan-02 -0.37 6.55 12.23 15 10.79 17 11.59 20 10.68 10.1811 33 12.88 23 16.76 14 16.44 24Connon, Clark and Lunn Q International Equity Fund 3426

Dec-12 -5.49 1.40 7.83 84 7.24 82 10.73 36 10.85 24 13.20 18Eterna International Equity Fund 96100

Sep-01 -0.66 6.03 9.23 66 7.09 85 9.00 78 7.58 8.4570 70 9.76 81 14.26 54 15.73 42Fidelity International Growth Institutional Trust 5139

Feb-03 0.59 5.41 8.32 78 5.87 96 8.55 92 6.89 7.3791 88 9.35 94 13.59 74 16.14 31Fidelity Select International Equity Institutional Trust 5813

Mar-09 -0.86 3.57 8.57 74 7.44 76 9.20 70 7.90 80 10.65 60 12.87 88 14.09 82Fidelity Select International Plus Institutional Trust 7850

Jan-10 1.99 11.87 13.51 4 12.67 8 13.06 8 13.23 4 13.36 17 16.35 18 17.79 9Fiera Capital International Equity ESG Fund 22

Jan-10 1.93 11.75 13.50 6 12.56 8 12.84 13 13.08 8 13.11 20 15.96 23 17.47 11Fiera Capital International Equity Fund 33

Nov-93 -0.13 4.47 7.64 88 7.91 64 8.56 91 8.15 7.9056 82 9.61 85 11.86 93 12.14 94Foyston Gordon & Payne International Equity Fund 7023

Dec-09 0.84 11.32 16.33 1 16.11 1 19.65 1 19.96 1 21.83 1 24.27 1 23.23 1Global Alpha Small Cap EAFE Fund 510

Jul-08 -0.53 6.07 11.43 29 10.44 24 12.49 15 9.84 11.3524 18 14.16 11 15.51 33 17.22 13Greystone International Equity Fund 5034

Apr-08 0.54 7.03 11.26 31 8.87 42 10.45 42 9.14 9.8535 39 11.32 44 13.83 66 16.38 25Greystone International Income & Growth Fund 3014

Aug-02 -1.30 8.66 12.40 12 10.34 25 10.92 32 10.04 11.2920 20 11.49 39 14.45 45 14.87 64Gryphon EuroPac Fund 1463

Dec-04 -1.39 4.52 11.20 33 8.95 40 11.29 26 7.42 10.0775 35 13.05 20 13.97 62 15.20 55Guardian International Equity Fund 6870

-1.55 0.59 6.34 94Guardian International Equity Select Fund 9874

Jul-94 -2.34 4.24 9.92 48 8.79 47 9.12 75 8.20 8.5153 68 10.38 70 13.21 85 14.81 66GWL International Equity Fund 13.01JPMF 7490

Jan-94 -2.88 3.21 8.57 74 6.71 89 9.48 64 8.54 7.9047 80 11.10 52 14.35 49 16.97 18GWL International Equity Investment Fund 1 8695

Apr-04 -0.85 3.60 6.02 96 5.84 96 8.60 89 7.36 7.3178 89 9.89 78 13.54 75 14.66 73Hexavest EuroPac Fund 7848

Jan-06 -1.64 3.34 6.12 95 5.30 98 6.46 100 5.51 6.49100 98 7.25 100 9.86 98 11.43 96Highstreet International Equity A Fund 8279

Dec-08 -2.03 7.57 9.79 51 8.13 60 10.71 37 9.78 40 11.51 38 14.99 39 16.08 34Industrial Alliance International Equity 2685

Apr-93 0.99 8.50 9.45 62 7.27 80 9.55 61 7.31 8.7584 56 9.81 79 13.73 70 16.03 36Integra International Equity Fund 229





1 quarter

ROR-% PR



Jul-00 -0.82 2.37 7.35 90 7.33 78 10.36 43 9.94 8.5522 64 12.45 28 15.81 26 17.16 16Invesco (Growth) 9043

Oct-99 -3.08 3.30 7.92 82 13.19 5 15.03 2 11.55 13.045 8 18.16 2 22.36 2 20.11 3Invesco (Trimark International Companies) 8496

Apr-95 -0.56 4.45 9.57 59 8.70 51 9.72 57 9.06 8.5538 63 11.08 54 13.21 85 15.27 52Jarislowsky Fraser International Equity Fund 7037

Dec-13 -1.35 5.25 9.12 68 9.32 36 7.82 84Jarislowsky Fraser Intl Equity (AC ex. US) Fund 6168

Mar-82 -2.42 3.44 9.27 65 8.61 53 9.03 78 8.12 8.4058 73 10.47 64 13.33 82 14.58 75JP Morgan Equity International Investment Trust 8092

Apr-95 -0.84 6.08 12.21 16 10.93 14 9.89 52 8.86 9.0540 50 10.86 58 12.19 90 12.51 90Leith Wheeler International Equity Fund 4846

Dec-06 -0.99 2.32 4.06 100 4.59 100 7.93 98 7.02 5.7989 100 9.38 93 14.69 42 15.34 50Lincluden International Equity Pooled Fund 9052

Jul-91 -2.37 4.24 9.77 54 8.76 49 9.15 73 8.07 8.5660 62 10.42 68 13.31 82 14.77 70London Life International Equity Fund (Fleming) 7491

Feb-11 -1.16 3.12 12.18 19 7.68 70 8.16 95 6.86 96 9.46 90 11.65 94 13.66 84Louisbourg EAFE Fund 8758

Nov-87 -1.57 8.45 9.79 50 10.78 18 12.92 11 11.12 12.277 11 14.06 13 16.94 10 18.01 8Mawer International Equity Fund 2276

Jul-99 0.11 8.65 11.93 26 9.15 38 10.77 34 8.85 10.3944 28 11.31 45 14.37 48 15.92 39MFS International Equity Fund 1616

Feb-90 0.00 8.63 10.28 40 7.17 84 9.33 68 8.22 8.6852 57 9.50 88 13.44 78 16.86 19NS Partners International Equity Fund 1820

Dec-00 -1.56 9.69 11.24 32 9.78 31 11.89 17 9.21 11.1932 22 12.45 29 14.29 53 14.51 77PH&N Overseas Equity Fund 875

Feb-92 -0.48 6.28 11.96 24 10.59 22 11.42 23 10.57 10.0013 37 12.75 24 16.66 16 16.34 27Scheer Rowlett EAFE Fund 4232

Aug-97 -0.98 6.34 10.48 36 8.47 56 10.28 45 7.68 9.5163 44 11.29 46 14.14 56 15.13 58SEI EAFE Equity Fund 3952

Dec-03 -1.67 6.86 10.50 36 10.16 27 13.02 9 10.86 11.589 14 14.62 8 19.24 6 19.11 5Setanta EAFE Equity Fund 3280

Sep-04 -3.30 5.23 8.91 70 6.81 88 10.99 30 9.19 10.2333 32 12.48 27 16.91 12 19.08 6Setanta European Equity Fund 6298

Apr-85 -0.83 6.07 12.20 18 10.92 14 9.89 52 8.86 9.0542 50 10.86 58 12.19 90 12.51 90Sprucegrove Canadian International Pooled Fund 4846

Sep-14 1.05 4.89 8.01 81 6.34 93T. Rowe Price International Concentrated Equity Pool 668





1 quarter

ROR-% PR



Jun-99 2.69 6.26 12.80 9 9.76 32 7.96 97 6.63 7.2893 90 8.38 98 10.37 97 12.91 86TD Emerald Hedged International Equity Idx Fund Pooled Fund 441

Jul-95 -0.41 6.28 9.76 56 7.94 62 9.38 66 7.60 8.3867 74 10.17 75 13.89 65 14.77 70TD Emerald International Equity Index Fund Passive 4230

Jan-94 -2.17 1.62 8.85 71 6.62 90 8.66 86 7.45 8.0074 78 10.49 63 15.71 30 17.00 18Templeton EAFE Developed Markets Fund 9487

Nov-90 0.05 5.27 10.22 41 7.57 73 8.66 86 7.32 7.0680 94 9.52 88 13.73 70 15.21 54Templeton International Equity Trust 6018

Jul-93 -0.06 5.08 10.17 44 7.48 75 8.78 82 7.31 7.2186 92 9.72 82 14.05 59 15.47 46Templeton International Stock Trust 6421

Fund Count 57 57 57 56 54 46 55 54 58 57

Average Return -0.88 5.89 10.07 8.99 10.47 8.65 9.65 11.66 14.84 15.44

5th Percentile 1.52 11.19 13.50 13.22 13.94 11.49 13.19 15.46 19.75 19.38

1st Quartile -0.30 7.85 11.95 10.35 11.32 9.69 10.80 12.66 15.84 16.39

Median -0.86 6.07 9.79 8.73 9.97 8.29 9.05 11.15 14.34 15.34

3rd Quartile -1.56 4.06 8.54 7.48 9.12 7.43 8.29 10.18 13.55 14.59

95th Percentile -2.87 1.53 6.12 5.93 8.11 6.36 6.99 9.24 11.23 11.87



Emerging Markets


1 quarter

ROR-% PR



Feb-06 -1.39 -3.16 4.31 96 8.63 96 7.34 96 10.42 5.991 92 10.14 78 8.48 58 8.70 16Aberdeen Canada-Emerging Markets Fund 10030

Jun-08 -1.05 6.55 9.00 57 11.32 54 7.84 83 9.37 7.2627 68 8.17 96 5.15 100 4.46 94AGF Emerging Markets Pooled Fund 415

Feb-02 -3.14 2.32 11.19 20 12.96 19 10.29 31 9.90 9.5318 28 12.38 33 9.84 23 9.30 14BlackRock Emerging Markets Opportunities Fund B 5562

Jul-00 -2.83 2.45 9.50 42 11.11 65 8.52 65 7.90 7.3463 64 10.09 79 7.62 64 6.66 68BlackRock MSCI Emerging Markets Fund B 5254

Apr-10 -2.97 -1.20 2.32 100 6.38 100 8.67 61 5.41 100 11.29 57 10.65 13 11.57 10Burgundy Emerging Markets Fund 7859

Jun-13 -1.70 5.31 13.54 1 14.75 4 13.15 4 11.61 4 15.20 1CC&L Q Emerging Markets Equity Fund 1040

Jun-11 -4.76 3.29 11.92 14 11.49 50 8.34 70 7.89 56 9.65 84 7.23 77 7.27 45CI Signature Emerging Markets Fund 4077

Jun-86 -6.28 0.61 9.71 39 10.98 72 7.73 90 7.02 7.1390 80 9.59 86 7.04 81 5.31 85CII Emerging Markets Growth Fund 6793

Apr-09 0.01 -2.55 6.03 84 9.97 81 7.91 79 7.02 84 10.69 69 9.70 27 7.91 30FGP Emerging Markets Equity Fund 927

Dec-07 -5.59 -1.38 4.84 89 8.71 92 8.27 74 6.17 7.26100 72 10.82 66 9.38 32 6.97 60Fidelity Emerging Markets Equity Institutional Trust 8188

Mar-09 -5.11 -1.78 9.29 50 12.65 30 11.18 21 9.44 40 14.68 4 10.73 10 7.92 26Fidelity Select Emerging Markets Equity Institutional Trust 8581

Jun-14 0.42 0.43 6.80 80 11.15 62 7.25 76Guardian Emerging Market Equity Fund 704

Jan-11 -1.67 5.34 9.04 54 8.75 90 7.24 100 5.57 96 7.72 100 5.48 95 5.64 80Hexavest Emerging Markets Fund 838

Oct-10 -6.64 -3.07 7.43 73 11.01 70 9.02 52 7.80 60 12.27 35 8.59 54 7.20 50Integra Emerging Markets Equity Fund 9796

Aug-14 -8.34 -2.30 4.63 92 12.83 23 9.50 32Invesco Select Emerging Markets Equity 89100

Sep-15 -4.52 1.04 7.06 77 9.58 84Jarislowsky Fraser Emerging Markets Fund 6371

Jan-10 -2.82 4.14 10.31 34 13.25 12 10.13 35 9.59 20 11.68 44 8.93 46 6.98 56JP Morgan Emerging Markets Equity - Canada Fund 2252

Feb-11 -0.44 1.20 8.61 65 14.04 8 11.54 14 10.46 12 14.28 9 13.28 2 9.25 14Letko Brosseau Emerging Markets Equity Fund 6011

Jan-17 -2.65 3.97Mawer Emerging Markets Equity Fund 2648

Jan-11 -4.17 4.48 10.93 23 12.73 27 12.09 9 11.14 8 14.08 13 13.60 1 12.76 1NS Partners Emerging Markets 1567

Dec-09 -1.32 3.79 8.27 69 10.53 77 11.39 17 9.76 16 13.38 26 12.98 4 12.45 4RBC Emerging Markets Equity Fund 2926

Jan-95 -2.59 4.16 11.97 12 13.09 16 10.09 38 10.05 9.5510 24 11.63 52 8.64 50 8.47 20Schroder Emerging Market Fund (Canada) 2046

Aug-97 -4.66 -1.04 8.80 62 12.36 35 9.09 48 7.56 8.0373 52 11.78 40 9.32 36 6.65 70SEI Emerging Markets Equity Fund 7574

Nov-99 -1.47 3.32 10.73 30 12.10 39 8.98 56 7.17 8.4382 48 10.44 74 7.58 68 6.37 75SSGA Daily Active Emg Mkt Sec Lending Cmn Trust Fund 3633



Emerging Markets


1 quarter

ROR-% PR



Apr-07 -1.31 3.32 10.80 27 11.18 58 7.80 87 8.36 6.8845 88 8.94 91 5.59 92 6.67 66SSGA Emg Mkts Alpha Select Sec Lending Common Trust Fund 3423

Nov-00 -1.20 2.67 13.34 4 18.01 1 10.50 26 8.54 9.4537 36 12.55 31 7.54 72 3.17 100Templeton Emerging Markets Fund (Canada) 4819

Nov-12 3.38 12.58 12.82 8 11.83 46 13.59 1 12.13 1 13.84 15Triasima ACWE 11

Apr-05 -5.49 2.69 9.39 46 11.92 43 9.81 43 7.94 8.6056 44 11.66 48 9.28 40 7.86 34Wellington MP (Dublin) Emg Markets Equity Portfolio 4686

Fund Count 28 28 27 27 24 12 26 24 23 21

Average Return -2.87 2.04 8.99 11.60 9.60 8.37 8.46 11.61 8.69 7.45

5th Percentile 0.28 6.13 13.18 14.54 12.96 10.21 11.49 14.63 12.66 12.39

1st Quartile -1.32 4.01 10.87 12.78 10.67 9.50 9.55 13.40 9.77 7.97

Median -2.74 2.56 9.29 11.49 9.05 8.15 8.23 11.65 8.64 7.20

3rd Quartile -4.68 -1.07 7.25 10.75 8.18 7.46 7.25 10.37 7.39 6.33

95th Percentile -6.51 -2.89 4.41 8.66 7.41 6.64 5.68 8.30 5.48 4.36



Canadian Bonds


1 quarter

ROR-% PR



Sep-07 -0.41 1.61 0.00 32 2.72 10 4.34 6 6.60 3.322 7 5.03 4 5.52 3 5.92 2AB Core Plus Advanced Bond Fund 7621

Dec-03 -0.70 1.43 -0.38 58 2.29 16 3.81 16 5.44 2.8312 36 4.41 10 4.65 23 4.43 28AB Core Plus Bond Fund 8939

Aug-97 -0.63 2.01 0.18 22 2.17 27 3.45 49 4.39 2.7889 41 3.81 49 4.21 52 3.93 73Addenda Active Duration Bond Pooled Fund 3533

Aug-04 -0.94 2.19 -0.54 68 1.95 51 3.48 46 4.86 2.6742 47 3.80 50 4.37 39 4.24 41Addenda Core Bond Pooled Fund 2281

Mar-93 -0.55 1.83 0.08 28 1.84 60 3.76 22 5.25 2.6518 52 4.25 16 4.70 20 5.20 5AGF Pooled Fixed Income Fund 4627

Dec-93 -0.69 2.23 0.31 18 2.11 33 3.46 47 5.03 2.5628 66 3.78 53 4.16 58 4.07 56Baker Gilmore Bond Fund 1938

Jan-91 -0.79 2.11 -0.30 50 1.97 45 2.68 94 4.34 2.1294 94 2.83 95 3.12 97 2.70 99Beutel Goodman Income Fund 2850

Mar-97 -0.96 1.66 -0.68 86 1.60 83 3.27 74 4.44 2.5180 78 3.67 66 4.11 64 3.92 75BlackRock Canada Universe Bond Index Class A 6889

Oct-89 -0.93 1.79 -0.49 64 1.85 60 3.28 70 4.29 2.5995 62 3.65 72 3.87 89 3.52 93BMO AM Bond Fund 5278

May-91 -0.76 2.04 -0.48 62 1.75 70 3.31 63 4.63 2.6663 48 3.63 80 4.06 75 3.95 71Burgundy Bond Fund 3146

Mar-08 -0.05 2.66 1.50 4 3.39 2 3.83 14 5.53 3.3010 8 4.12 28 4.34 42 4.66 16Burgundy Core Plus Bond Fund 86

Dec-06 -1.35 1.53 -1.21 98 1.57 86 4.60 2 6.13 3.735 2 5.38 1 7.70 1 7.87 1CC&L Universe Bond Alpha Plus Fund 86100

Jan-93 -0.80 1.40 -0.68 88 1.75 70 3.58 38 4.76 2.6752 46 4.13 25 4.84 12 4.75 12CI Signature Canadian Bond Fund 8951

Dec-06 -0.74 1.62 -0.52 65 1.97 45 3.80 18 5.32 2.8715 30 4.35 13 5.19 6 4.97 8CI Signature Canadian Core Bond Fund 7544

Jan-15 -0.73 1.31 -0.56 75 1.97 44CI Signature Core Bond Plus Fund 9242

Dec-15 1.81 6.11 9.39 1CI Signature Preferred Share Pool 11

Dec-11 -0.36 0.78 -0.58 78 0.81 97 2.66 94 1.98 94 3.14 94 3.65 92CIBC Canadian Bond 5 Year Duration Pool 9818

Dec-88 -0.87 1.84 -0.23 46 2.16 28 3.57 40 4.86 2.8542 33 4.01 36 4.34 42 4.13 50CIBC Canadian Bond Active Universe Pool 4667

Feb-96 -0.83 1.81 -0.22 45 2.09 36 3.91 10 5.00 3.0630 15 4.44 9 4.82 13 4.58 20CIBC Canadian Bond Overlay Pool 4958

Oct-94 -0.96 1.73 -0.56 75 1.71 72 3.37 56 4.58 2.6270 56 3.79 52 4.23 50 3.99 68CIBC Canadian Bond Universe Index Pool 6188

Dec-93 -0.90 1.64 -0.91 95 1.43 92 3.10 90 4.54 2.3474 90 3.47 92 4.04 76 4.04 65Cidel Canadian Fixed Income Pooled Fund 7270

Dec-12 -0.92 1.54 -1.02 97 1.45 91 3.24 80 2.46 82 3.67 68Eterna Bond Fund 8574

Oct-06 -0.50 2.44 0.44 16 2.69 10 3.81 16 5.57 3.0910 12 4.16 23 4.41 37 4.57 23Fidelity Canadian Bond Core Plus Institutional Trust 1225

Jul-02 -0.83 2.23 -0.02 36 2.16 28 3.67 30 5.12 2.9023 28 4.03 34 4.37 39 4.43 28Fidelity Canadian Bond Institutional Trust 1960

Jul-98 -1.01 1.78 -0.58 77 1.80 64 3.33 60 4.68 2.5558 68 3.72 60 4.13 63 4.05 62Fiera Capital Active and Strategic Fixed Income - Active Universe Fund 5495

Jan-04 -1.02 1.75 -0.68 88 1.57 86 3.14 90 4.75 2.3554 90 3.49 91 3.90 87 3.94 72Fiera Capital Active and Strategic Fixed Income - Ethical ESG Active Universe Fund 5997

Jan-89 -1.07 1.54 -0.68 87 1.62 80 3.19 86 4.51 2.3378 91 3.61 84 3.95 84 3.80 88Fiera Capital Blended Active Fixed Income Fund 8498

Oct-72 -0.83 2.15 0.11 25 2.21 23 3.73 26 5.04 2.9628 24 4.13 24 4.49 30 4.41 32Fiera Capital Integrated Fixed Income Universe Fund 2463

Nov-06 -0.90 3.14 -0.23 46 2.01 40 3.43 51 5.47 2.7412 44 3.51 90 3.96 82 4.14 50Fiera Capital Tactical Fixed Income Fund 671

Jan-93 -0.62 1.99 -0.01 34 1.77 68 3.31 63 4.66 2.6059 60 3.64 76 4.17 56 4.11 52Foyston, Gordon and Payne Conservative Bond Fund 3732

Aug-86 -0.48 2.87 1.32 6 3.24 3 4.33 6 5.30 3.5316 4 4.69 7 4.67 21 4.50 25Franklin Bissett Core Plus Bond Fund 724

Feb-06 -0.83 1.58 -0.78 93 1.64 76 3.26 78 4.64 2.5361 71 3.68 64 4.16 58 4.05 61GEM Fixed Income Pool 8060

Jul-14 -0.74 2.40 0.62 12 2.46 13 3.05 16Greystone Bond Plus Fund 1344



Canadian Bonds


1 quarter

ROR-% PR



Nov-93 -0.81 1.84 0.02 31 1.95 50 3.27 74 4.74 2.5354 72 3.63 80 3.83 90 3.79 90Greystone Fixed Income Fund 4554

Aug-86 -0.72 1.64 -0.71 91 1.64 76 3.26 76 4.60 2.5768 64 3.67 68 4.09 68 3.98 69Guardian Canadian Bond Fund 7241

Mar-12 -0.27 1.14 0.28 18 1.88 57 3.32 61 2.57 65 3.87 46 4.10 67Guardian Fixed Income Select Fund 9514

Apr-76 -0.77 1.90 -0.36 56 1.84 61 3.29 66 4.51 2.5378 73 3.64 77 4.08 72 3.99 68GWL Canadian Bond Fund 1 4048

Nov-94 -0.14 0.90 -0.31 53 0.61 98 1.73 100 2.90 1.37100 99 1.94 100 2.53 100 2.48 100GWL Government Bond Investment Fund 1 978

Oct-98 -0.46 1.76 0.08 28 2.04 38 3.54 42 4.92 2.8336 36 3.99 37 4.21 52 4.27 38Highstreet Canadian Bond Fund 5723

Oct-97 -0.81 2.03 0.10 26 2.25 20 3.61 34 4.89 2.7938 40 4.01 36 4.42 36 4.41 31HSBC Canadian Bond Pooled Fund 3256

Jun-78 -0.97 2.15 0.00 32 2.29 16 3.79 19 4.78 3.0449 19 4.20 21 4.48 31 4.20 44Industrial Alliance Bond Fund 2592

Nov-96 -0.84 1.60 -0.54 70 1.79 66 3.24 80 4.52 2.5475 70 3.65 71 3.96 83 3.79 90Integra Bond Fund 7864

Dec-94 0.35 3.35 0.47 16 2.52 12 3.66 30 4.79 3.1547 10 3.74 57 4.30 46 4.26 39Invesco (Trimark Canadian Bond) 44

Jul-14 -0.54 2.26 0.06 29 2.13 30 2.65 50J. Zechner Associates Fixed Income Fund 1727

Jan-15 1.59 4.28 8.45 1 10.67 1J. Zechner Associates Preferred Share Pooled Fund 21

Apr-97 -0.77 1.79 -0.26 48 1.96 47 3.36 58 4.95 2.6434 53 3.75 55 4.44 35 4.57 21Jarislowsky Fraser Bond Fund 5248

Mar-16 -0.59 2.38 1.55 4Jarislowsky Fraser Fixed Income Core Plus Fund 1430

Dec-16 -0.18 3.29Landry Razorbill Income Plus Fund 410

Jun-02 -0.69 2.31 -0.04 39 2.25 20 3.75 24 4.95 3.0134 20 4.11 28 4.64 24 4.51 25Leith Wheeler Core Active Bond Fund 1638

May-94 -0.81 2.03 -0.34 55 1.99 41 3.59 36 4.59 2.8470 34 3.98 39 4.51 28 4.36 34Leith Wheeler Core Bond Fund 3353

Oct-14 -0.09 1.48 0.63 12 2.10 34Leith Wheeler Corporate Bond Fund 877

Jul-05 0.17 1.28 0.56 14 1.13 95 1.97 98 3.45 1.5298 97 2.14 98 2.53 100 2.74 98Letko Brosseau RSP Bond Fund 935

Jan-07 -0.83 1.58 -0.54 68 1.83 62 3.29 65 4.62 2.5964 61 3.73 59 4.08 72 4.09 54Lincluden Bond Pooled Fund 8062

Jan-80 -0.93 1.66 -0.55 73 1.69 73 3.35 58 4.62 2.6166 57 3.78 52 4.21 52 4.05 60London Life Bond Fund (LC) 7078

Jul-00 -0.95 1.63 -0.79 94 1.54 88 3.21 84 4.38 2.4590 84 3.61 84 4.08 72 3.85 85London Life Bond Universe Index Fund (LC) 7383

Feb-10 -0.65 1.85 0.18 22 2.12 31 3.52 44 2.75 44 3.94 42 4.15 60 4.06 59Louisbourg Canadian Bond Fund 4435

Apr-99 -0.94 1.67 -0.65 82 1.61 81 3.26 75 4.43 2.5082 78 3.67 69 4.09 68 3.88 81Manulife AM Canadian Bond Index Pooled 6779

Oct-07 -0.87 1.87 -0.40 59 1.92 54 3.43 52 4.87 2.6339 54 3.82 48 4.27 48 4.16 48Manulife AM Canadian Core Fixed Income Pooled 4367

May-05 -0.16 2.31 1.17 8 3.16 5 3.90 10 6.55 2.992 22 4.30 15 4.78 16 5.27 4Manulife AM Canadian Core Plus Fixed Income Pooled 169

Dec-89 -0.95 1.66 -0.67 85 1.59 84 3.24 80 4.41 2.4984 79 3.64 75 4.07 74 3.86 85Manulife Canadian Bond Index Fund 6985

Feb-99 -0.96 1.31 -1.08 97 1.43 92 3.17 88 4.40 2.3986 87 3.64 74 4.17 55 4.07 56Mawer Canadian Bond Pooled Fund 9288

Jan-81 -1.01 1.82 -0.42 60 1.93 53 3.54 42 4.78 2.6548 50 3.97 40 4.47 32 4.17 47MFS Canadian Fixed Income Fund 4894

Sep-00 -1.01 1.76 -0.62 79 1.76 68 3.46 48 4.69 2.5557 68 3.89 44 4.48 32 4.23 42MFS Responsible Canadian Fixed Income Fund 5794

May-96 -0.33 0.70 -0.54 68 0.77 97 2.17 96 3.79 1.6097 97 2.54 96 3.07 97 3.27 96Montrusco Bolton Bond Total Return Fund 10017

Jun-84 -1.02 1.55 -0.66 82 1.64 76 3.21 84 4.55 2.4173 86 3.62 81 4.00 80 3.87 84Montrusco Bolton Fixed Income Fund 8296

Sep-02 0.55 2.06 1.47 4 3.24 3 4.56 2 5.90 3.786 2 5.19 2 5.83 2 5.94 2Nexus North American Income Fund 303



Canadian Bonds


1 quarter

ROR-% PR



Apr-79 -0.66 1.88 -0.03 38 2.27 18 3.77 21 5.14 3.0521 17 4.25 17 4.53 28 4.49 25Northern Trust Asset Mgmt. Canadian Fixed Income Fund 4135

Jan-90 -0.71 2.16 -0.03 38 2.38 14 4.02 8 4.95 3.2332 9 4.49 8 5.13 7 4.42 29Optimum Universe Canadian Bonds 2440

Dec-05 -0.79 1.73 -0.30 52 2.19 24 3.85 13 5.11 2.9926 22 4.38 11 4.85 11 4.56 23Optimum Universe Quantitative Canadian Bonds 6250

Jan-06 -0.26 0.79 -2.12 100 -1.88 100 1.94 98 4.36 1.1891 100 2.23 98 3.24 96 4.72 13Perennial Fixed Income Portfolio 9813

Dec-70 -0.92 1.79 -0.48 62 1.95 49 3.65 31 5.13 2.8722 30 4.12 27 4.65 22 4.39 33PH&N Bond Fund 5276

Jun-13 -0.95 1.91 0.23 20 2.92 8 4.38 4 3.56 4 5.01 4PH&N Core Plus Bond Fund 4084

Mar-08 -0.90 1.95 -0.26 48 2.25 20 3.87 12 5.22 3.0618 14 4.36 12 4.93 9 4.70 15PH&N Enhanced Total Return Bond Fund 3870

Jul-00 -0.92 1.78 -0.39 58 2.10 35 3.74 24 5.12 2.9424 25 4.24 20 4.79 16 4.58 20PH&N Total Return Bond Fund 5473

Jul-11 -0.21 1.26 0.15 23 1.39 94 2.92 92 2.32 92 3.34 93 3.62 92 4.09 54QV Canadian Bond Fund 9411

Sep-02 -0.92 1.72 -0.54 70 1.89 56 3.58 38 4.86 2.8041 38 4.05 32 4.58 26 4.25 40RBC Vision Bond Fund 6274

Feb-99 -0.44 3.49 0.77 11 2.92 8 4.83 1 6.71 4.001 1 5.16 2 6.36 1 6.47 1Ridgewood Canadian Bond Fund 322

Jan-92 -0.81 2.02 -0.02 35 1.98 42 3.29 66 4.81 2.4745 82 3.61 84 3.91 87 3.71 92Scheer Rowlett Bond Fund 3454

Feb-15 -0.30 2.07 1.03 9 3.06 6Scotia Institutional Canadian Investment Grade Corporate Bond Fund 2915

Jan-10 -0.59 1.54 -0.55 72 1.79 66 3.72 27 3.06 14 4.27 15 4.87 10 4.43 28Scotia Institutional Tactical Bond Fund 8430

Jul-97 -0.39 2.15 -0.11 42 1.89 56 3.37 56 4.62 2.8065 39 3.68 62 3.93 85 4.05 64SEAMARK Canadian Bond Pooled Fund 2620

Aug-97 -0.82 1.73 -0.30 50 1.95 50 3.43 52 4.77 2.6151 58 3.86 47 4.34 43 4.32 36SEI Canadian Fixed Income Fund 6058

Aug-91 -0.97 1.60 -0.76 92 1.50 89 3.18 87 4.34 2.4394 85 3.58 88 4.02 78 3.81 87TD Emerald Canadian Bond Index Fund 7791

May-97 -0.94 1.70 -0.64 81 1.61 82 3.27 71 4.43 2.5181 76 3.67 67 4.10 66 3.90 77TD Emerald Canadian Bond Pooled Fund Trust Passive 6582

Sep-07 -0.57 2.19 -0.09 41 2.19 24 3.59 36 5.90 2.856 32 3.94 42 4.65 23 5.03 7TD Emerald Canadian Core Plus Bond Pooled Fund Trust 2229

Jan-16 -0.32 2.45 1.32 6Triasima Bond Fund 1116

Jul-12 -0.86 2.62 -0.11 42 2.02 39 3.63 32 2.91 27 3.88 45 4.15 59Wellington MP (Canada) Canada Universe Bond Plus 966

Apr-97 -0.96 1.68 -0.66 83 1.62 80 3.28 69 4.40 2.5286 75 3.68 62 4.10 66 3.87 84WindWise Canadian Universe Bond Index Securities Lending Fund 6686

Fund Count 88 88 87 84 78 70 80 76 82 76

Average Return -0.63 1.95 0.04 2.04 3.46 4.86 2.70 3.87 4.32 4.25

5th Percentile 0.11 3.20 1.40 3.14 4.35 6.07 3.47 4.94 5.27 5.19

1st Quartile -0.50 2.15 0.11 2.18 3.74 5.11 2.94 4.13 4.61 4.51

Median -0.79 1.80 -0.30 1.95 3.44 4.77 2.65 3.81 4.22 4.13

3rd Quartile -0.92 1.62 -0.56 1.66 3.26 4.53 2.52 3.64 4.06 3.91

95th Percentile -1.01 1.14 -0.88 1.15 2.44 4.25 1.87 2.91 3.34 3.34



Global Bonds


1 quarter

ROR-% PR



Nov-10 -1.49 -0.04 0.93 1 3.43 13 6.10 42 4.66 42 7.69 34 7.56 40 8.28 1AGF Emerging Markets Bond Fund 6225

May-11 -3.15 0.01 -3.89 100 0.23 88 4.97 57 4.19 57 6.25 60 8.85 1 7.28 47CI Signature Global Bond Fund 50100

Jan-95 -1.87 1.79 0.83 50 2.71 62 6.48 28 7.02 4.851 28 7.68 50 8.78 1 8.23 20GWL International Bond Fund 138

Mar-11 -1.19 -3.74 -0.68 75 3.38 24 3.32 100 2.26 86 5.17 82 4.57 100 4.88 100HSBC Emerging Markets Debt Fund 10013

Jun-13 -2.21 -0.46 0.83 37 3.81 1 6.78 1 5.34 1 8.67 1Legg Mason Brandywine Global Opportunistic Fixed Income Fund 7463

Sep-05 -1.87 1.25 0.84 26 2.72 50 6.48 16 6.99 4.8532 16 7.83 17 8.78 20 8.23 40LM Brandywine Global Fixed Income Investment Grade Fund 2550

Jun-15 -2.39 1.41 -1.84 87 -0.58 100Mawer Global Bond Fund 1376

Jul-91 -0.76 0.85 0.07 63 2.94 38 4.22 72 5.09 3.37100 71 5.07 100 5.91 60 5.40 80RBC Global Bond Fund 371

Jul-88 -2.45 -1.83 0.87 13 2.11 74 3.74 86 6.42 2.1366 100 5.18 68 5.39 80 5.67 60Templeton Global Bond Fund 8786

Fund Count 9 9 9 9 8 4 8 7 6 6

Average Return -1.93 -0.08 -0.23 2.31 5.26 6.38 3.96 6.76 6.83 6.78

5th Percentile -0.93 1.64 0.91 3.66 6.67 7.01 5.17 8.42 8.78 8.27

1st Quartile -1.49 1.24 0.84 3.37 6.48 7.00 4.85 7.76 8.47 8.23

Median -1.87 0.01 0.83 2.72 5.53 6.71 4.43 7.68 6.73 6.95

3rd Quartile -2.39 -0.50 -0.69 2.06 4.10 6.09 3.10 5.17 5.52 5.47

95th Percentile -2.87 -2.98 -3.07 -0.26 3.47 5.29 2.18 5.10 4.77 5.01



Corporate Bonds


1 quarter

ROR-% PR



Oct-06 -0.39 2.27 0.96 74 2.79 88 3.93 79 5.83 3.1460 86 4.35 72 4.69 54 5.16 54Addenda Corporate Core Bond Pooled Fund 6656

Feb-13 -1.48 3.38 1.13 60 3.97 26 5.48 15 4.20 26 6.02 15Addenda Infrastructure Bond Pooled Fund 1595

Oct-99 -0.70 2.36 0.55 94 2.86 84 3.29 100 4.95 2.71100 100 3.53 100 3.49 100 3.05 100Beutel Goodman Corp/Prov Active Bond Fund 6090

Dec-14 -0.20 1.47 2.01 25 4.34 17CI Investment Grade Bond Fund 10030

Jan-02 1.06 3.88 4.97 1 6.40 1 6.39 7 7.92 5.571 7 7.02 7 7.04 14 8.06 18CI Signature Corporate Bond Fund 61

Dec-11 -0.50 2.57 1.94 34 3.42 40 4.47 36 3.75 40 4.95 35 5.35 31CIBC Canadian Bond Corp. Investment Grade Pool 4570

Jun-03 0.16 3.21 2.90 15 3.98 24 5.18 28 7.46 4.2220 14 5.68 28 6.06 23 6.69 27FGP Corporate Plus Bond Fund 2010

Dec-05 -0.55 2.02 1.21 55 3.02 72 4.01 64 6.16 3.3040 73 4.51 64 4.67 61 4.83 82Fiera Capital Corporate Universe Bond Fund 8075

Feb-12 -0.35 2.59 1.46 46 3.09 56 3.94 72 3.23 80 4.28 79 4.37 77Fiera Capital Integrated Credit Fund 4050

May-09 -0.16 2.53 1.97 30 2.98 77 4.14 57 3.38 60 4.55 58 4.54 69 5.04 64Foyston Gordon & Payne Corporate Bond Fund 5025

Dec-06 -0.04 2.47 2.03 20 3.68 33 4.38 43 5.73 3.6180 47 4.87 36 4.78 46 5.03 72Franklin Bissett Corporate Bond Fund 5516

Apr-11 -0.30 2.89 1.80 40 3.19 50 3.93 84 3.36 66 4.19 85 4.27 85 4.51 91Greystone Corporate Bond Fund 3040

Mar-16 -0.40 1.89 0.77 80Jarislowsky Fraser Corporate Bond Fund 8560

Oct-14 -0.09 1.48 0.63 85 2.10 100Leith Wheeler Corporate Bond Fund 9620

Jan-09 0.68 3.07 3.81 10 4.97 11 5.36 21 4.21 20 5.95 21 7.16 8 8.93 9Pembroke Corporate Bond Fund 255

Jun-11 -0.63 2.25 1.02 70 3.05 66 4.22 50 3.50 53 4.71 50 5.06 38 5.19 46PH&N Corporate Bond Trust 7085

Nov-09 -0.24 5.52 4.83 4 5.82 5 8.13 1 6.52 1 8.79 1 10.80 1 12.09 1Ridgewood Canadian Investment Grade Bond Fund 135

Feb-15 -0.30 2.07 1.03 66 3.06 62Scotia Institutional Canadian Investment Grade Corporate Bond Fund 7644

Apr-16 -2.56 3.78 -0.07 100Sun Life Long Term Private Fixed Income Plus Fund 10100

Mar-14 -0.60 2.82 1.39 50 3.38 44 4.07 33Sun Life Private Fixed Income Plus Fund 3480

Aug-10 -0.42 1.76 0.56 90 2.41 95 3.47 93 2.78 94 3.90 93 4.22 92 4.62 90TD Emerald Active Canadian Corporate Bond PFT 9064

Fund Count 21 21 21 19 15 6 16 15 14 12

Average Return -0.38 2.68 1.76 3.61 4.69 6.34 3.85 5.14 5.49 6.11

5th Percentile 0.67 4.04 4.74 5.86 6.91 7.81 5.81 7.55 8.58 9.88

1st Quartile -0.15 3.07 2.01 3.98 5.27 7.13 4.20 5.81 5.87 7.03

Median -0.35 2.53 1.39 3.19 4.22 5.99 3.55 4.71 4.74 5.17

3rd Quartile -0.55 2.08 0.95 3.00 3.94 5.75 3.28 4.32 4.41 4.98

95th Percentile -1.51 1.51 0.49 2.38 3.42 5.15 2.76 3.79 3.96 3.91



High Yield Bonds


1 quarter

ROR-% PR



Aug-05 1.02 3.73 4.63 74 5.98 83 4.69 90 6.95 4.3180 90 4.94 91 4.85 90 5.90 88Burgundy Total Return Bond Fund 5850

Jun-12 0.92 2.39 2.20 100 3.69 100 3.64 100 2.34 100 3.95 100 4.36 100CC&L High Yield Bond Fund Series I 8366

Jan-12 1.86 5.33 7.17 9 8.58 9 7.97 10 7.16 18 8.64 8 8.37 9CI Signature High Yield Bond II Fund 259

Jun-99 1.66 2.68 5.67 50 7.56 26 5.36 64 8.37 4.6220 72 6.05 56 5.67 60 7.01 50Fiera Capital High Yield 6832

Jun-09 0.67 4.49 11.02 1 14.08 1 7.10 26 8.99 1 7.76 16 4.76 92 0.99 100Fulcra Credit Opportunities Fund 4183

Apr-08 1.71 3.79 4.66 68 6.45 59 5.31 72 7.70 4.7060 64 5.69 81 5.54 70 5.82 100Greystone High Yield Bond Fund 5024

Jun-00 0.59 6.16 5.77 42 6.30 74 6.05 45 8.58 4.331 82 6.03 63 6.72 20 7.88 26Guardian High Yield Bond Fund 1791

Oct-99 2.56 2.14 3.47 91 4.88 92 5.06 82 5.33 4.93100 55 5.80 73 5.97 50 6.69 63Invesco (Trimark Global HY) 911

May-15 0.92 2.65 6.11 25 7.52 32Leith Wheeler High Yield Bond Fund (CAD Hedged) 7460

Aug-00 1.10 4.54 6.75 16 8.19 16 6.49 36 8.37 6.1740 36 6.98 36 6.27 30 6.48 75PH&N High Yield Bond Fund 3442

Oct-10 1.73 1.62 4.00 83 6.64 42 5.61 55 5.21 46 6.63 45 6.14 40 7.17 38RBC High Yield Bond Fund 10018

Mar-11 -0.07 7.14 5.86 34 6.39 67 7.21 19 6.22 28 7.23 27 7.33 14 7.63 29Ridgewood Tactical Yield Fund 1100

Sep-13 0.71 7.10 5.39 58 6.60 50 10.44 1 8.92 8 11.30 1 13.53 1 14.69 1SEI US High Yield Bond Fund 876

Fund Count 13 13 13 13 12 6 12 12 11 9

Average Return 1.18 4.14 5.59 7.14 6.24 7.55 5.66 6.69 6.53 8.27

5th Percentile 2.14 7.11 8.71 10.78 9.08 8.53 8.95 9.54 10.65 13.95

1st Quartile 1.71 5.33 6.13 7.60 7.13 8.37 6.45 7.33 6.50 8.05

Median 1.02 3.79 5.67 6.60 5.83 8.03 5.07 6.34 5.97 7.01

3rd Quartile 0.72 2.64 4.59 6.29 5.25 7.14 4.55 5.78 5.28 6.47

95th Percentile 0.33 1.93 2.96 4.40 4.22 5.74 3.42 4.49 4.61 5.85



Long Duration Bonds


1 quarter

ROR-% PR



May-05 -2.24 3.62 -1.54 74 2.82 91 5.26 93 5.88 4.04100 82 5.68 92 5.97 80 5.09 96Addenda Active Duration Govt Long Bond Pooled Fund 6011

May-05 -1.80 4.20 1.44 1 5.02 6 6.43 14 8.56 4.836 13 6.99 11 6.70 18 6.80 8Addenda Corporate Long Bond Pooled Fund 121

May-99 -2.40 3.92 -1.13 32 3.50 31 4.91 96 6.54 3.5680 97 5.15 97 5.17 100 4.45 100Beutel Goodman Long Term Bond Fund 2741

Jul-98 -2.44 3.59 -1.30 59 3.14 73 5.54 70 6.55 4.1878 68 6.03 70 5.96 82 5.32 80BlackRock Canada Long Bond Index Class A 6756

Nov-06 -2.87 3.38 -1.95 83 3.10 79 7.16 10 8.52 5.578 10 8.13 7 10.10 4 9.84 4CC&L Long Bond Alpha Plus Fund 9490

Apr-99 -2.39 3.50 -1.44 71 3.23 60 5.72 49 7.05 4.2838 53 6.29 32 6.64 21 6.06 20CC&L Long Bond Fund 8033

May-16 -2.36 3.32 -1.65 77CI Signature Long Bond Fund 9624



Feb-00 -2.41 3.72 -1.21 44 3.21 63 5.64 60 6.80 4.2548 59 6.12 55 6.15 52 5.59 44CIBC Canadian Bond Long Term Index Pool 5047

Oct-08 -1.96 4.03 -0.34 4 4.02 15 5.79 34 4.44 28 6.24 40 5.97 78 5.62 42Fidelity Canadian Long Bond Core Plus Institutional Trust 213

Jul-06 -2.29 4.02 -0.71 11 3.54 25 5.79 34 7.07 4.4134 38 6.24 38 6.12 57 5.75 37Fidelity Canadian Long Bond Institutional Trust 2215

Jul-10 -2.46 3.53 -1.29 56 3.17 67 5.45 80 4.02 84 5.93 81 5.94 86 5.47 72Fiera Capital Active and Strategic Fixed Income - Active Long Fund 7770

May-07 -2.23 3.62 -0.70 10 3.50 28 5.90 20 7.15 4.4219 32 6.47 16 6.30 40 5.89 24Greystone Long Bond Fund 6010

Aug-04 -2.45 3.79 -1.06 29 3.50 33 5.72 51 6.80 4.3952 43 6.21 45 6.14 55 5.51 56Industrial Alliance Long Term Bond Fund 3867

Apr-13 -2.31 3.74 -0.79 15 3.81 18 5.70 54 4.24 62 6.20 46Jarislowsky Fraser Long Term Bond Fund 4420

Dec-05 -2.18 4.15 -1.03 26 3.36 48 5.78 42 6.85 4.3544 48 6.19 50 6.31 38 5.80 34Leith Wheeler Long Active Bond Fund 146

Jul-04 -2.30 3.78 -1.23 47 3.25 52 5.64 59 6.71 4.2658 57 6.11 56 6.22 45 5.66 40Leith Wheeler Long Bond Fund 4018

Jul-00 -2.39 3.46 -1.20 40 3.08 82 5.33 90 6.50 3.9585 93 5.81 88 5.63 93 5.15 92London Life Long Term Bond Fund (LC) 8538

Oct-07 -2.40 3.73 -1.24 50 3.24 55 5.77 44 7.19 4.4016 41 6.29 30 6.51 28 6.37 16Manulife AM CDN Long Duration Fixed Income Pooled Fund 4744

Feb-98 -2.53 4.06 -1.02 24 3.50 36 5.87 26 7.11 4.3428 50 6.32 26 6.49 30 5.76 36MFS Canadian Long Term Fixed Income Fund 1878

Sep-14 -2.38 3.80 -0.99 21 3.69 21 4.67 16PH&N Enhanced Long Bond Pension Trust 3629

Apr-98 -2.39 3.68 -1.18 36 3.43 42 5.87 28 7.14 4.5024 22 6.42 19 6.53 24 5.85 32PH&N Long Bond Pension Trust 5336

Jul-15 -2.49 3.85 -0.55 6 4.27 12PH&N Long Core Plus Bond Fund 3274

May-03 -2.77 0.91 -4.44 96 0.08 100 4.15 100 5.94 2.6796 100 4.97 100 5.46 96 5.58 48SEI Long Duration Bond Fund 10088

Sep-07 -5.19 6.39 -3.12 91 5.40 4 8.83 6 8.92 6.741 6 9.44 4 8.30 8 6.38 12TD Emerald 20+ Strip Bond Pooled Fund Trust Passive 695

Mar-12 -2.44 3.48 -1.33 67 3.23 58 5.50 77 4.11 78 6.00 74 6.17 49TD Emerald Active Canadian Long Bond Pooled Fund Trust 8261

Jul-10 -2.60 3.41 -2.03 86 2.62 94 5.36 84 4.01 88 5.85 85 6.02 68 5.30 84TD Emerald Canadian Long Government Bond PFT 8983

Sep-97 -2.43 3.60 -1.31 62 3.07 84 5.51 74 6.62 4.1571 75 6.00 77 6.00 73 5.45 76TD Emerald Cdn Long Bond Pooled Fund Trust Passive 6553

May-06 -2.42 3.57 -1.32 65 3.12 76 5.55 68 6.67 4.1762 72 6.05 67 6.10 59 5.53 52TD Emerald CDN LT Bond Broad Market PFT Passive 7250



Long Duration Bonds


1 quarter

ROR-% PR



Jan-10 -8.46 6.91 -7.80 100 6.74 1 13.72 1 9.59 1 15.49 1 15.11 1 11.80 1TD Emerald Long Bond Overlay PFT 3100

Mar-11 -2.52 3.90 -1.19 39 3.47 39 5.89 22 4.49 24 6.39 22 6.38 35 5.50 60TD Emerald Provincial Long Bond PFT 2977

Jul-10 -2.36 4.50 -0.90 18 3.37 46 5.78 40 4.42 34 6.10 58 6.02 66 5.85 28Wellington MP (Canada) Canada Long Bond Plus Portfolio 1026

Oct-06 -2.44 3.57 -1.29 54 3.15 70 5.56 65 6.66 4.1866 66 6.06 63 6.06 62 5.50 64WindWise Canadian Long Term Bond Index Non-Lending Fund 7260

Jul-02 -2.61 3.40 -2.04 88 2.60 96 5.34 88 6.21 4.0091 90 5.83 87 5.99 76 5.28 88WindWise Canadian Long Term Bond Index Non-Lending Fund 9184

Fund Count 35 35 35 34 32 22 33 28 30 26

Average Return -2.74 3.92 -1.57 3.46 6.11 6.97 4.58 6.61 6.72 6.02

5th Percentile -2.11 6.52 -0.48 5.15 8.83 8.58 6.75 8.98 9.29 9.08

1st Quartile -2.36 3.97 -1.03 3.54 5.87 7.13 4.48 6.34 6.53 5.88

Median -2.42 3.72 -1.24 3.31 5.72 6.80 4.34 6.19 6.16 5.56

3rd Quartile -2.51 3.55 -1.59 3.12 5.51 6.57 4.14 6.00 5.99 5.45

95th Percentile -5.25 3.36 -4.41 2.61 5.10 5.97 3.79 5.34 5.54 5.11



Real Return Bonds


1 quarter

ROR-% PR



Jul-98 -2.20 4.91 -1.45 83 1.78 66 3.62 50 5.02 2.161 100 3.30 50 2.18 57 2.70 40BlackRock Canada Real Return Bond Index Class A 66100

Jan-11 -2.11 5.05 -1.33 18 1.90 18 3.65 18 2.25 18 3.31 34 2.22 30 2.72 19Greystone Real Return Bond Fund 1832

Dec-03 -2.20 4.87 -1.45 68 1.78 50 3.61 82 4.98 2.1774 82 3.30 67 2.15 84 2.64 80Manulife Asset Management Real Return Bond Fund 8383

Jun-09 -2.01 5.67 -0.81 1 2.48 1 4.49 1 3.13 1 4.19 1 2.77 14 3.01 1PH&N Inflation-Linked Bond Fund 11

May-03 -2.11 4.72 -1.37 33 1.78 82 3.39 100 4.82 2.18100 50 3.06 100 1.88 100 2.44 100SEI Real Return Bond Fund 10018

Jan-01 -2.19 4.94 -1.41 50 1.81 34 3.65 33 5.02 2.2024 34 3.32 18 2.20 43 2.71 20TD Emerald CDN Real Rtrn Bond Pooled Fund Trust Passive 3450

Apr-03 -2.20 4.91 -1.45 100 1.77 100 3.61 67 4.99 2.1750 68 3.29 82 2.15 72 2.66 60WindWise Canadian Real Return Bond Index Non-Lending Fund 5068

Fund Count 7 7 7 7 7 5 7 7 8 6

Average Return -2.15 5.01 -1.32 1.90 3.72 4.97 2.32 3.40 2.37 2.69

5th Percentile -2.04 5.48 -0.97 2.30 4.24 5.02 2.86 3.93 3.17 2.94

1st Quartile -2.11 5.00 -1.35 1.85 3.65 5.02 2.22 3.32 2.35 2.71

Median -2.19 4.91 -1.41 1.78 3.62 4.99 2.18 3.30 2.19 2.68

3rd Quartile -2.20 4.89 -1.45 1.78 3.61 4.98 2.17 3.29 2.15 2.65

95th Percentile -2.20 4.76 -1.45 1.77 3.45 4.85 2.16 3.13 1.97 2.49



Short Term Bonds


1 quarter

ROR-% PR



Jul-06 0.16 1.08 0.44 66 1.14 69 1.82 85 3.22 1.5850 71 2.01 82 2.44 82 2.40 83Beutel Goodman Short-Term Bond Fund 6424

Jun-13 0.01 0.97 0.21 100 1.01 88 1.84 79 1.48 86 2.06 78CC&L Short Term Bond Fund 8982

May-76 0.17 1.23 0.73 30 1.20 56 2.04 50 2.73 1.66100 50 2.24 59 2.60 59 2.73 41CI Signature Short-Term Bond Fund 3518

Sep-00 0.12 1.12 0.53 58 1.21 50 1.92 71 3.09 1.6180 57 2.12 65 2.52 70 2.50 77Fiera Capital Integrated Fixed Income Short Term Fund 5347

Jun-10 0.20 1.42 0.82 18 1.23 44 1.93 65 1.56 78 2.06 72 2.59 60 2.77 33Foyston, Gordon and Payne Short Term Bonds 2312

Dec-03 0.22 1.91 1.63 1 2.18 1 2.65 1 3.55 2.3520 1 2.83 8 2.98 20 3.01 9Franklin Bissett Canadian Short Term Bond Fund 66

Apr-15 0.13 1.21 0.57 48 1.06 81Greystone Short Bond Fund 4142

Apr-15 0.30 2.31 1.55 5 2.07 6Greystone Short Bond Plus Fund 11

Aug-13 0.12 1.04 0.55 53 1.27 38 2.10 36 1.78 29 2.36 36Guardian Short Duration Bond Fund 7153

Feb-10 0.05 1.01 0.34 94 1.00 93 1.76 92 1.45 92 1.95 86 2.48 80 2.58 67Highstreet Canadian Short Term Bond Fund 7770

Dec-97 0.14 1.45 0.71 36 1.37 31 2.16 28 3.17 1.8870 20 2.34 42 2.72 40 2.71 45Industrial Alliance Short Term Bond Fund 1735

Dec-15 -0.13 1.15 0.38 88Jarislowsky Fraser Short/Mid Bond Fund 4794

Mar-05 -0.05 0.96 0.39 82 1.13 74 2.02 56 3.18 1.5960 65 2.29 50 2.67 50 2.69 55MFS Canadian Short Term Fixed Income Fund 9488

Jan-01 0.11 1.48 0.96 12 1.80 13 2.53 7 3.62 2.1610 7 2.79 14 3.08 1 2.93 13Optimum Short Term Active Bonds 1258

Dec-93 0.03 1.09 0.40 77 1.19 62 2.04 44 3.36 1.6930 43 2.27 56 2.79 30 2.79 23PH&N Short Term Bond & Mortgage Fund 6077

Sep-02 -0.54 0.53 0.78 23 1.57 19 2.17 22 3.86 1.721 36 2.58 22 3.04 10 2.96 11QV Investors Canadian Income Fund 100100

Jun-87 0.06 1.00 0.44 70 0.80 100 1.37 100 2.75 1.0390 100 1.46 100 1.86 100 2.00 100Scheer Rowlett Short Term Bond Fund 8266

Mar-13 0.15 1.25 0.70 40 1.48 25 2.26 15 3.34 1.8840 16 2.51 28 3.05 1 3.22 1SEI Short Term Bond Fund 3029

Fund Count 18 18 18 17 15 11 15 15 11 10

Average Return 0.07 1.23 0.68 1.34 2.04 3.26 1.69 2.31 2.64 2.65

5th Percentile 0.23 1.97 1.56 2.09 2.56 3.74 2.22 2.92 3.04 3.10

1st Quartile 0.16 1.37 0.77 1.47 2.17 3.46 1.83 2.55 2.88 2.78

Median 0.12 1.13 0.56 1.21 2.04 3.22 1.66 2.29 2.67 2.70

3rd Quartile 0.03 1.02 0.41 1.13 1.88 3.13 1.57 2.06 2.50 2.52

95th Percentile -0.20 0.89 0.32 0.96 1.65 2.74 1.32 1.75 2.09 2.12



Money Market


1 quarter

ROR-% PR



Oct-01 0.46 1.53 1.24 18 1.12 18 1.14 12 1.29 1.124 14 1.04 15 1.10 18 1.18 25Addenda Money Market Liquidity Pooled Fund 198

Jan-91 0.43 1.53 1.18 33 1.07 30 1.10 26 1.11 1.0736 32 0.99 33 1.08 24 1.17 32Beutel Goodman Money Market Fund 2226

Sep-97 0.31 1.09 0.79 92 0.67 92 0.72 89 0.81 0.6892 92 0.63 89 0.75 89 0.90 86BlackRock CDN Short Term Index Class A 9389

Oct-89 0.43 1.46 1.22 26 1.09 24 1.09 33 1.14 1.0928 22 0.99 29 1.04 40 1.11 57BMO AM Money Market Fund 3430

Jan-92 0.41 1.43 1.17 36 1.06 36 1.08 36 1.12 1.0632 36 1.00 26 1.07 35 1.16 35CC&L Group Money Market Fund 3740

Jan-94 0.24 0.77 0.53 100 0.46 100 0.53 100 0.75 0.4896 100 0.47 100 0.58 100 0.73 98CC&L Private Client Money Market Portfolio 100100

Sep-90 0.45 1.55 1.23 22 1.09 25 1.11 22 1.27 1.078 26 1.01 22 1.13 11 1.39 3CI Signature Money Market Fund 1518

Jan-89 0.45 1.60 1.25 15 1.12 16 1.12 19 1.16 1.1020 19 1.00 25 1.08 30 1.15 43CIBC Canadian Money Market Pool 816

Dec-89 0.41 1.34 1.04 52 0.91 52 0.93 63 0.97 0.9072 62 0.83 62 0.90 72 0.99 78Fiera Capital Cash In Action Fund 5945

Oct-96 0.43 1.50 1.27 11 1.20 4 1.22 4 1.25 1.2112 3 1.16 1 1.22 3 1.28 11Fiera Short Term Plus Fund 2832

Apr-93 0.39 1.41 1.08 42 0.94 44 0.96 56 1.03 0.9360 48 0.85 56 0.94 61 1.03 67Foyston Gordon & Payne Short Term Investment Fund 4462

Aug-91 0.47 1.67 1.36 1 1.24 1 1.26 1 1.37 1.231 1 1.15 2 1.26 1 1.38 4Franklin Bissett Money Market Fund 11

Jan-98 0.42 1.42 1.08 44 0.91 54 0.95 59 0.96 0.9276 52 0.84 60 0.92 68 1.03 66Greystone Money Market Fund 4138

Mar-09 0.38 1.36 1.02 66 0.89 67 0.91 68 0.88 71 0.80 71 0.89 78 1.00 75Guardian Canadian Short Term Investment Fund 5274

Jan-80 0.39 1.28 0.97 77 0.87 77 0.97 52 1.04 0.9152 60 0.89 48 1.03 43 1.18 22GWL Canadian Money Market Fund 1 7660

Jul-02 0.34 1.17 0.88 82 0.77 82 0.87 81 1.02 0.7864 82 0.79 74 0.93 64 1.09 60Highstreet Money Market Fund 8885

Mar-88 0.40 1.35 1.03 56 0.90 60 0.90 77 0.89 0.8884 67 0.79 78 0.86 82 0.94 82HSBC Canadian Money Market Pooled Fund 5648

Mar-88 0.28 1.18 0.82 88 0.74 85 0.78 85 0.74 0.74100 85 0.68 86 0.80 86 0.84 90Integra Short Term Investment Fund 8693

Jan-08 0.44 1.50 1.19 30 1.07 32 1.09 30 1.04 1.0756 30 0.99 36 1.08 22 1.17 28Jarislowsky Fraser Money Market Fund 2622

May-94 0.39 1.37 1.02 62 0.88 71 0.90 74 0.91 0.8780 76 0.79 80 0.87 81 0.95 82Leith Wheeler Money Market Fund 4855

Dec-88 0.38 1.28 1.00 71 0.90 62 0.98 46 1.05 0.9348 42 0.90 42 1.01 50 1.13 53London Life Money Market Fund (LC) 7674

Mar-10 0.36 1.22 0.83 86 0.70 89 0.70 93 0.68 90 0.57 96 0.64 96 0.73 100Louisbourg Money Market Fund 8281

Jan-95 0.39 1.32 1.00 74 0.88 74 0.91 70 1.00 0.8768 74 0.81 67 0.90 75 1.02 71MFS Canadian Money Market Fund 7052

Jul-86 0.45 1.59 1.28 7 1.15 11 1.14 14 1.15 1.1224 12 1.02 19 1.08 32 1.16 39PH&N Canadian Money Market Fund 1011

Feb-92 0.27 0.99 0.71 96 0.59 96 0.69 96 0.81 0.6288 96 0.62 92 0.71 93 0.83 92Scheer Rowlett Money Market Fund 9696



Money Market


1 quarter

ROR-% PR



Aug-97 0.38 1.33 1.07 48 0.94 48 0.98 42 1.09 0.9240 54 0.89 50 1.00 53 1.13 50SEI Money Market Fund 6377

Jul-91 0.47 1.66 1.29 4 1.17 8 1.18 8 1.20 1.1616 7 1.05 12 1.13 14 1.20 16TD Emerald Canadian Short Term Investment Fund 34

Jun-96 0.38 1.33 1.02 60 0.94 42 0.98 48 1.07 0.9344 46 0.89 46 1.02 46 1.15 46WindWise Canadian Short Term Investment Non-Lending Fund 6674

Fund Count 28 28 28 28 28 26 28 28 29 29

Average Return 0.39 1.36 1.06 0.94 0.97 1.05 0.94 0.87 0.98 1.09

5th Percentile 0.46 1.64 1.29 1.19 1.21 1.28 1.19 1.13 1.19 1.37

1st Quartile 0.43 1.51 1.22 1.09 1.10 1.15 1.08 1.00 1.08 1.18

Median 0.40 1.36 1.06 0.92 0.97 1.04 0.93 0.89 1.01 1.13

3rd Quartile 0.38 1.28 0.99 0.87 0.90 0.96 0.87 0.79 0.90 1.00

95th Percentile 0.27 1.03 0.74 0.62 0.69 0.77 0.64 0.58 0.67 0.77



Real Estate


1 quarter

ROR-% PR



Oct-83 1.88 8.64 8.10 56 7.02 43 6.21 100 6.32 6.4667 60 5.61 100 5.92 100 7.59 100Bentall Kennedy Prime Canadian Property Fund Ltd. 7184

Aug-15 -0.33 8.87 3.28 100 4.98 100CI Signature Real Estate Pooled Fund 57100

Mar-11 4.06 15.97 16.60 1 14.43 1 12.36 1 13.86 1 11.48 1 12.16 1 15.90 1Crestpoint Real Estate Fund 114

Jan-04 2.40 11.20 11.05 15 9.38 16 8.41 20 8.44 8.461 20 7.73 26 7.65 40 9.95 40Greystone Real Estate Fund Inc. 1643

Apr-15 1.91 7.98 8.26 44 6.09 72Greystone Real Estate LP Fund 8672

Jun-80 1.99 7.79 6.68 84 5.91 85 6.30 80 7.30 6.1033 100 5.93 76 7.97 20 11.66 20GWL Canadian Real Estate Fund 1 10058

Feb-11 4.22 11.13 9.95 28 9.14 28 7.88 40 7.66 40 7.08 50 7.57 60 9.67 60Manulife AM Canadian Property Portfolio 281

Dec-82 2.60 9.28 6.80 72 6.49 57 6.48 60 5.58 6.32100 80 5.79 100 6.89 80 7.97 80Manulife Canadian Pooled Real Estate Fund 4429

Fund Count 8 8 8 8 6 4 6 5 6 6

Average Return 2.34 10.11 8.84 7.93 7.94 6.91 8.14 7.62 7.97 10.41

5th Percentile 4.17 14.30 14.66 12.66 11.38 8.27 12.51 10.82 10.86 14.62

1st Quartile 2.97 11.15 10.23 9.20 8.28 7.58 8.26 7.79 7.89 11.23

Median 2.20 9.07 8.18 6.75 7.18 6.81 7.06 7.08 7.61 9.81

3rd Quartile 1.91 8.48 6.77 6.04 6.34 6.13 6.36 5.95 7.06 8.40

95th Percentile 0.44 7.86 4.47 5.31 6.23 5.69 6.16 5.81 6.16 7.69



Mortgage


1 quarter

ROR-% PR



May-07 0.78 3.86 2.91 9 3.63 9 5.01 20 6.84 4.2910 10 5.30 20 5.93 1 6.26 1ACM Commercial Mortgage Fund 81

Sep-92 -0.05 2.81 1.09 55 2.50 45 4.24 40 4.94 3.3340 37 4.60 40 5.10 30 5.03 30ACM Mortgage Fund One 3755

Mar-03 -0.69 2.73 1.06 64 3.45 18 5.91 1 6.39 4.7420 1 6.72 1 6.19 1 6.55 1ACM Mortgage Fund Two 4691

Dec-06 0.46 3.12 2.58 18 2.71 36 3.66 50 4.74 3.1550 45 3.80 50 4.16 50 4.33 50Addenda Commercial Mortgages Pooled Fund 2727

Oct-07 0.58 3.95 3.17 1 3.73 1 4.58 30 5.47 4.2430 18 4.74 30 4.83 40 4.64 40Greystone Mortgage Fund 110

Jul-66 -0.27 1.96 0.62 90 1.69 91 3.19 70 4.45 2.5760 73 3.51 70 4.07 60 4.21 60GWL Canadian Mortgage Fund 1 7382

Nov-04 0.51 1.77 1.72 28 2.08 64 2.27 100 3.13 2.17100 91 2.40 100 2.65 100 2.63 100HSBC Mortgage Pooled Fund 9018

Jan-80 -0.09 1.51 0.65 82 1.35 100 2.46 90 3.61 2.0490 100 2.70 90 3.11 90 3.29 90London Life Mortgage Fund (LC) 10064

May-05 0.12 1.81 1.12 46 1.93 81 2.79 80 3.81 2.3280 82 3.04 80 3.44 80 3.42 80Manulife Canadian Mortgage Fund 8245

Jul-05 -1.09 3.43 0.01 100 2.77 28 5.29 10 7.03 4.121 26 5.76 10 5.89 10 5.87 20PH&N Long Mortgage Pension Trust 18100

Nov-01 0.18 2.66 1.69 36 2.25 55 3.37 60 4.43 2.8970 63 3.54 60 3.96 70 3.91 70PH&N Mortgage Pension Trust 6237

Feb-14 -0.13 2.69 1.02 72 1.97 73 2.94 55Sun Life Canadian Commercial Mortgage Fund 5572

Fund Count 12 12 12 12 11 11 12 11 11 11

Average Return 0.02 2.69 1.47 2.50 3.89 4.99 3.23 4.19 4.46 4.53

5th Percentile 0.67 3.90 3.03 3.68 5.60 6.93 4.50 6.24 5.91 6.25

1st Quartile 0.47 3.19 1.94 2.94 4.79 5.93 4.15 5.02 5.48 5.45

Median 0.03 2.71 1.10 2.38 3.66 4.74 3.04 3.80 4.16 4.33

3rd Quartile -0.16 1.92 0.93 1.96 2.99 4.12 2.51 3.27 3.70 3.66

95th Percentile -0.87 1.66 0.34 1.53 2.37 3.37 2.12 2.55 2.88 2.96



Target Date 2020


1 quarter

ROR-% PR



Mar-07 -0.14 6.96 4.65 48 5.99 52 7.62 31 6.87 5.8654 38 7.79 44 8.83 50 9.83 25BlackRock CDN LifePath 2020 Index Fund 1194

Oct-06 0.21 4.68 3.75 82 5.06 94 6.42 82 6.58 5.0188 82 6.86 87 8.41 69 8.96 66Cadence 2020 7654

Jul-12 0.09 5.59 5.05 24 6.56 12 8.06 12 6.23 20 8.69 1 11.18 1CI LifeCycle 2020 Portfolio 3465

Jun-08 -0.09 5.14 4.64 52 6.24 35 6.95 57 6.88 5.5646 63 7.40 57 8.77 62 8.85 74Continuum 2020 5382

Apr-08 -0.09 6.18 6.07 6 6.72 6 7.93 19 7.68 6.621 12 8.37 19 9.15 44 9.71 34Fidelity ClearPath Institutional 2020 1878

Nov-07 0.20 4.46 4.30 65 5.21 88 6.69 75 7.03 4.9833 92 7.26 74 8.79 57 9.03 59Franklin LifeSmart 2020 Conservative Portfolio 8858

Nov-07 0.49 5.61 5.79 16 6.38 29 7.74 25 7.39 5.8111 44 8.28 26 10.25 7 10.18 1Franklin LifeSmart 2020 Growth Portfolio 3012

Nov-07 0.37 4.99 4.99 29 5.77 59 7.21 50 7.19 5.3722 69 7.78 50 9.56 37 9.67 50Franklin Lifesmart 2020 Moderate Portfolio 6430

Jan-15 0.78 7.22 6.24 1 6.51 17Greystone 2020 Target Date Plus Fund 61

Dec-06 0.00 4.22 3.95 77 5.66 65 6.38 87 6.76 5.0168 87 6.92 82 8.10 86 8.43 90Industrial Alliance Attitude Balanced 2020 9471

Jul-05 -0.10 4.75 4.36 60 5.36 77 7.49 42 6.75 6.1777 24 8.19 37 9.62 31 10.04 16MFS LifePlan Retirement 2020 Fund 7188

Feb-11 -0.29 7.37 3.60 88 6.42 24 8.38 1 6.78 1 8.63 6 9.74 24 10.15 8PH&N LifeTime 2020 Fund 1100

Mar-12 0.56 6.17 5.80 12 7.10 1 8.11 7 6.66 7 8.60 12 10.02 12Sun Life Financial Granite 2020 Aggressive Seg Fund 226

Mar-12 0.35 4.99 4.20 70 5.58 70 6.24 92 5.30 74 6.55 93 6.97 93Sun Life Financial Granite 2020 Conservative Seg Fund 6036

Mar-12 0.43 5.27 4.70 40 6.07 46 6.90 68 5.77 50 7.31 68 8.11 76Sun Life Financial Granite 2020 Moderate Seg Fund 4218

Dec-09 0.42 5.27 4.70 36 6.07 42 6.90 64 5.77 56 7.31 64 8.11 80 8.46 84Sun Life Financial Granite 2020 Seg Fund 4622

Jun-05 0.35 1.60 0.38 100 0.89 100 3.01 100 4.64 2.10100 100 3.37 100 3.81 100 5.11 100Sun Life Milestone 2020 Fund 10040

Mar-10 0.28 4.48 3.29 94 5.24 83 7.50 38 5.93 32 8.27 30 9.74 20 9.70 41TD Emerald 2020 Retirement Target Date PFT 8347

Fund Count 18 18 18 18 17 10 17 17 17 13

Average Return 0.21 5.28 4.47 5.71 7.03 6.78 5.58 7.50 8.78 9.09

5th Percentile 0.59 7.24 6.10 6.78 8.16 7.55 6.68 8.64 10.44 10.16

1st Quartile 0.41 6.03 5.04 6.41 7.75 7.15 6.15 8.29 9.73 9.84

Median 0.25 5.21 4.64 6.03 7.21 6.87 5.77 7.78 8.83 9.67

3rd Quartile -0.07 4.70 4.02 5.41 6.69 6.75 5.29 7.23 8.14 8.83

95th Percentile -0.16 3.80 2.83 4.40 5.59 5.52 4.41 5.92 6.34 7.10



Target Date 2025


1 quarter

ROR-% PR



Oct-07 0.03 7.75 5.68 60 6.95 61 8.58 44 7.39 6.7140 42 8.78 44 10.02 44 10.98 25BlackRock CDN LifePath 2025 Index Fund 1692

Oct-06 0.31 5.60 4.93 70 6.00 85 7.34 78 7.15 5.8580 75 7.78 78 9.48 78 10.08 62Cadence 2025 7746


Jun-08 0.09 5.99 5.70 54 7.19 31 7.74 67 7.36 6.2160 67 8.18 67 9.71 67 9.79 75Continuum 2025 6976

Apr-08 0.09 6.80 6.77 15 7.21 24 8.78 32 8.29 7.061 25 9.28 22 10.51 22 11.26 12Fidelity ClearPath Institutional 2025 3170


Sep-11 0.13 4.91 4.92 76 6.51 77 7.08 88 5.66 84 7.63 88 8.93 88 9.25 87Industrial Alliance Attitude Balanced 2025 9261

Jul-05 0.14 6.50 6.89 8 7.48 15 9.45 1 7.73 8.2320 1 10.20 1 11.08 11 11.27 1MFS LifePlan Retirement 2025 Fund 3954


Jul-14 0.96 8.24 7.80 1 8.79 1 8.11 8Sun Life Financial Granite 2025 Aggressive Segregated Fund 81

Jul-14 0.38 5.29 4.39 85 5.88 92 5.57 90Sun Life Financial Granite 2025 Conservative Segregated Fund 8539

Jul-14 0.59 6.32 5.75 40 7.08 48 6.64 58Sun Life Financial Granite 2025 Moderate Segregated Fund 5416

Feb-10 0.59 6.32 5.75 46 7.08 52 8.05 56 6.64 50 8.49 56 9.89 55 10.46 38Sun Life Financial Granite 2025 Seg Fund 6022

Jun-05 0.07 2.35 -0.63 100 1.89 100 4.92 100 6.34 3.46100 100 5.57 100 6.58 100 7.80 100Sun Life Milestone 2025 Fund 10084

Fund Count 14 14 14 14 10 6 13 10 10 9

Average Return 0.27 6.36 5.36 6.68 7.97 7.38 6.49 8.43 9.81 10.14

5th Percentile 0.87 8.49 7.21 8.01 9.25 8.15 8.16 9.83 11.43 11.26

1st Quartile 0.56 7.46 6.56 7.20 8.78 7.64 7.06 9.22 10.42 10.97

Median 0.23 6.37 5.72 7.08 8.31 7.37 6.64 8.63 9.95 10.35

3rd Quartile 0.09 5.70 4.92 6.57 7.44 7.20 5.86 7.88 9.53 9.78

95th Percentile -0.31 4.01 2.39 4.48 5.89 6.55 4.72 6.50 7.64 8.38



Target Date 2030


1 quarter

ROR-% PR



Mar-07 0.17 8.38 6.54 64 7.63 58 9.17 56 7.59 7.2477 56 9.36 50 10.88 50 11.74 32BlackRock CDN LifePath 2030 Index Fund 1888

Oct-06 0.37 6.47 5.97 72 6.85 83 8.05 76 7.61 6.5268 75 8.46 76 10.30 75 10.98 50Cadence 2030 7165


Jun-08 0.26 6.75 6.63 53 8.06 35 8.41 69 7.75 6.8156 64 8.83 68 10.48 69 10.57 74Continuum 2030 6476




Nov-07 0.85 7.23 7.54 18 7.74 46 8.67 63 7.98 6.7944 68 9.04 62 10.82 56 10.80 58Franklin LifeSmart 2030 Moderate Portfolio 5228









Jun-05 -0.06 4.48 1.10 100 4.13 100 6.68 100 7.42 4.93100 100 7.24 100 8.32 100 9.47 100Sun Life Milestone 2030 Fund 10094


Fund Count 18 18 18 18 17 10 17 17 17 13

Average Return 0.48 7.31 6.62 7.69 9.00 7.95 7.32 9.43 11.00 11.09

5th Percentile 1.13 9.87 9.37 9.85 11.29 8.58 9.69 11.71 12.87 12.43

1st Quartile 0.86 8.03 7.44 8.45 9.49 8.28 7.69 10.14 11.90 11.78

Median 0.57 7.26 6.67 7.70 9.21 7.87 7.34 9.36 10.88 10.98

3rd Quartile 0.26 6.43 5.91 7.02 8.08 7.60 6.53 8.48 10.29 10.54

95th Percentile -0.30 5.44 3.90 6.18 7.36 7.47 5.97 7.77 8.81 9.69



Target Date 2035


1 quarter

ROR-% PR



Oct-07 0.29 8.99 7.37 61 8.38 54 9.85 45 7.90 7.83100 55 10.06 45 11.75 44 12.49 37BlackRock CDN LifePath 2035 Index Fund 3884

Oct-06 0.31 7.22 6.75 70 7.63 92 8.54 78 7.96 6.9280 82 8.87 78 10.91 77 11.57 50Cadence 2035 8478


Jun-08 0.41 7.39 7.45 54 8.81 32 8.99 67 8.08 7.2960 73 9.40 67 11.14 67 11.23 74Continuum 2035 6262







Jul-14 0.77 7.36 6.59 77 7.75 85Sun Life Financial Granite 2035 Conservative Segregated Fund 7638




Fund Count 14 14 14 14 10 6 12 10 10 9

Average Return 0.51 8.47 7.71 8.68 9.72 8.41 8.26 10.09 11.60 11.93

5th Percentile 1.20 10.61 10.80 10.94 11.83 9.22 10.86 12.31 13.27 13.66

1st Quartile 0.95 9.44 8.95 9.25 10.16 8.85 8.88 10.63 12.65 12.91

Median 0.58 8.41 7.53 8.47 9.83 8.13 8.02 9.92 11.58 11.57

3rd Quartile 0.33 7.37 6.63 7.92 8.65 7.99 7.20 9.00 10.97 11.21

95th Percentile -0.54 6.50 4.64 7.16 8.18 7.91 6.51 8.62 9.63 10.27



Target Date 2040


1 quarter

ROR-% PR



Mar-07 0.42 9.60 8.21 54 9.18 41 10.56 36 8.21 8.4878 44 10.80 38 12.58 44 13.13 33BlackRock CDN LifePath 2040 Index Fund 3582

Oct-06 0.27 7.88 7.40 76 8.41 76 8.93 82 8.20 7.2588 82 9.19 87 11.30 76 11.77 66Cadence 2040 7688


Jun-08 0.54 8.02 8.21 58 9.50 24 9.53 69 8.38 7.7556 68 9.91 69 11.74 69 11.84 50Continuum 2040 7071




Nov-07 1.12 8.05 8.56 42 8.48 71 9.21 75 8.23 7.3268 76 9.50 76 11.24 80 11.25 75Franklin LifeSmart 2040 Moderate Portfolio 6641











Fund Count 18 18 18 18 17 10 17 17 17 13

Average Return 0.77 8.94 8.50 9.24 10.34 8.58 8.56 10.71 12.44 12.32

5th Percentile 1.36 11.30 10.95 11.26 12.61 9.50 11.00 12.94 14.39 14.26

1st Quartile 1.24 10.39 9.55 9.44 10.85 8.64 8.83 11.71 13.67 13.27

Median 0.97 8.76 8.33 9.09 10.34 8.47 8.48 10.70 12.31 11.84

3rd Quartile 0.48 7.91 7.43 8.43 9.21 8.22 7.35 9.52 11.33 11.25

95th Percentile -0.20 6.92 5.94 7.69 8.73 8.10 6.93 8.91 10.33 10.70



Target Date 2045


1 quarter

ROR-% PR



Jul-08 0.54 10.14 8.93 54 9.87 54 11.20 33 8.57 9.0666 50 11.46 32 13.36 44 13.75 26BlackRock CDN LifePath 2045 Index Fund 4770

Oct-06 0.28 8.29 7.92 84 8.98 84 9.26 78 8.36 7.53100 84 9.50 88 11.57 78 11.93 75Cadence 2045 8485


Jun-08 0.67 8.55 8.88 61 10.09 32 10.00 66 8.63 8.1534 67 10.36 66 12.25 66 12.35 63Continuum 2045 7754




Jan-09 1.33 11.90 11.27 1 10.81 8 12.49 1 11.20 1 12.64 1 13.86 12 14.20 13MFS LifePlan Retirement 2045 Fund 18



Jul-14 1.16 10.13 9.23 46 9.97 39 9.56 41Sun Life Financial Granite 2045 Conservative Segregated Fund 5238


Feb-10 1.27 11.03 10.16 24 10.80 16 12.12 11 10.39 18 12.40 11 14.57 1 15.31 1Sun Life Financial Granite 2045 Seg Fund 1630

Jul-10 0.04 9.26 3.98 100 7.59 100 9.22 88 7.21 100 9.21 100 10.53 100 11.25 88Sun Life Milestone 2045 Fund 6292

Fund Count 14 14 14 14 10 4 13 10 10 9

Average Return 0.77 9.74 8.92 9.75 10.54 8.72 9.06 10.85 12.67 13.00

5th Percentile 1.52 11.62 10.81 10.92 12.32 9.23 10.92 12.53 14.25 14.87

1st Quartile 1.27 10.98 10.16 10.63 11.32 8.80 10.35 11.49 13.59 13.76

Median 0.78 10.14 9.08 9.89 10.39 8.60 9.06 10.93 12.95 13.57

3rd Quartile 0.52 8.67 8.19 9.06 9.45 8.52 8.04 9.75 11.74 11.92

95th Percentile -0.31 7.20 6.13 8.20 9.08 8.39 7.32 9.34 10.69 11.05



Target Date 2050


1 quarter

ROR-% PR



Aug-12 0.60 10.43 9.28 54 10.20 40 11.56 41 9.35 46 11.84 42 13.73 50BlackRock CDN LifePath 2050 Index Fund 4680

Oct-06 0.31 8.80 8.51 80 9.49 54 9.54 75 8.50 7.801 76 9.72 82 11.73 70 12.05 67Cadence 2050 6693

Jan-15 0.89 7.52 8.74 73 9.02 68CI LifeCycle 2050 Portfolio 8666

Jul-11 0.62 9.05 9.54 46 9.01 72 10.65 58 8.40 61 11.05 58 12.57 58 13.63 35Fidelity ClearPath Institutional 2050 Portfolio 5474

Nov-11 0.95 7.56 7.92 87 8.01 100 8.66 100 6.88 100 8.94 100 10.56 100Franklin Lifesmart 2050 Conservative Portfolio 8060

Nov-11 1.26 8.84 9.69 40 9.38 60 9.89 67 7.86 70 10.16 67 12.20 60Franklin Lifesmart 2050 Growth Portfolio 6040

Nov-11 1.16 8.28 8.85 67 8.74 80 9.11 91 7.38 92 9.32 92 11.14 90Franklin Lifesmart 2050 Moderate Portfolio 7353


Dec-06 0.54 6.79 7.55 93 8.72 86 9.17 84 8.24 7.53100 85 9.77 76 11.25 80 11.32 100Industrial Alliance ATTITUDE Balanced 2046-2050 10086

Jan-09 1.33 11.92 11.27 1 10.82 20 12.62 1 11.21 1 12.79 8 14.33 30 14.75 1MFS LifePlan Retirement 2050 Fund 114

Sep-14 -0.45 11.07 9.26 60 10.71 26 10.35 30PH&N LifeTime 2050 Fund 27100




Jan-12 1.28 11.11 10.22 20 10.82 8 12.17 18 10.41 16 12.43 18 14.54 10Sun Life Financial Granite 2050 Seg Fund 1428


Fund Count 16 16 16 16 13 2 14 13 11 4

Average Return 0.98 9.56 9.32 9.74 10.82 8.37 9.08 11.16 13.03 12.96

5th Percentile 1.58 11.58 10.87 10.89 12.57 8.48 10.87 12.80 14.81 14.60

1st Quartile 1.29 11.08 10.22 10.74 12.14 8.43 10.40 12.40 14.43 13.98

Median 1.20 9.74 9.41 9.81 10.89 8.37 9.10 11.81 13.78 12.89

3rd Quartile 0.61 8.10 8.68 8.94 9.54 8.30 7.82 9.79 11.49 11.87

95th Percentile 0.12 7.17 7.41 8.40 8.93 8.25 7.20 9.17 10.85 11.43



Target Date 2055


1 quarter

ROR-% PR



Jul-15 0.61 10.49 9.34 50 10.23 20BlackRock CDN LifePath 2055 Index Fund 1666

Nov-12 0.34 8.97 8.82 68 9.80 60 9.74 67 7.97 67 9.94 68Cadence 2055 66100

Oct-15 0.85 7.58 8.74 82CI LifeCycle 2055 Portfolio 8418

Nov-12 0.84 9.36 9.87 17 10.99 1 10.70 1 8.74 1 11.04 32Continuum 2055 3432

Nov-12 0.62 9.07 9.55 34 9.01 80 10.65 32 8.39 33 11.05 1Fidelity ClearPath Institutional 2055 Portfolio 5050


Sep-11 0.55 6.83 7.62 100 8.76 100 9.25 100 7.55 100 9.86 100 11.43 1 11.52 1Industrial Alliance ATTITUDE Balanced 2051-2055 10083

Fund Count 7 7 7 6 4 4 4

Average Return 0.82 9.06 9.26 9.83 10.09 8.16 10.47

5th Percentile 1.61 10.91 10.58 10.80 10.69 8.68 11.05

1st Quartile 0.84 9.92 9.71 10.23 10.67 8.48 11.04

Median 0.62 9.07 9.34 10.00 10.20 8.18 10.49

3rd Quartile 0.58 8.28 8.78 9.21 9.62 7.86 9.92

95th Percentile 0.40 7.06 7.96 8.83 9.32 7.61 9.87


The Pooled Fund Survey has been produced by the Risk and Investment Analytics Group at RBC Investor & Treasury Services. For more information on our services, please contact your RBC I&TS representative or visit www.rbcits.com.

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