Fixed Income Directory

AB

Contact: Wendy Brodkin, Managing Director

Address: Brookfield Place, 161 Bay St. – 27th Floor, Toronto, ON, M5J 2S1

Phone: 416-572-2534

Fax: 212-756-4405

Management Style: Yield Curve, Credit, Structured Products, Index, Quantitative

Other Management Style: Multi-Asset

Passive Management Indicies: N/A

Ownership: Principals -64.44%, Public -23.85%, Third Party -11.71% 64.44% Includes ownership of AllianceBernstein units, indirect ownership of AllianceBernstein units through its interest in AllianceBernstein Holding, and general partnership interests in AllianceBernstein and AllianceBernstein Holding. AXA Group is a worldwide leader in insurance and asset management. 23.85% includes Public and other. 11.71% includes Direct and indirect ownership including unallocated units in deferred compensation plans.

Professional Staff: 122 Established: 1971

Performance Presentation Standards AllianceBernstein Institutional Investments and AllianceBernstein Investments (collectively, the “Firm”) have designed their processes and procedures to calculate and present performance results in compliance with Global Investment Performance Standards (GIPS).

Minimum Investment

Pooled: Varies by Strategy Separate: Varies by Strategy


ACM ADVISORS LTD.

Contact: Chad Mallow, President

Address: 210 - 1140 Homer St., Vancouver, BC, V6B 2X6

Phone: 604-661-0671

Fax: 604-682-3265

Management Style: Credit

Ownership: Principals -100%, Public -, Third Party -

Professional Staff: 11 Established: 1993

Minimum Investment

Pooled: $150,000


Addenda Capital Inc.

Contact: Michel Jalbert, Executive Vice-president, Business Development & Client Partnerships

Address: 800, René-Lévesque Blvd. W., Montréal, QC, H3B 1X9

Phone: 514-287-7373

Fax: 514-287-7200

Management Style: Yield Curve, Credit, Structured Products, Index, Immunized

Passive Management Indicies: FTSE TMX Canada Long Term Provincial Bond & Customized Hybrid Benchmarks

Ownership: Principals -, Public -, Third Party - Co-operators Financial Services Limited - 92.42%; Current and former employees - 7.58%

Professional Staff: 36 Established: 1985

Performance Presentation Standards Addenda Capital Inc. claims compliance with the Global Investment Performance Standards (GIPS®). Addenda Capital Inc. has been independently verified for the periods from January 1, 2007 through December 31, 2017. The verification report is available upon request. Verification assesses whether (1) Addenda Capital Inc. has complied with all the composite construction requirements of the GIPS® standards on a firm-wide basis and (2) the firm’s policies and procedures are designed to calculate and present performance in compliance with the GIPS® standards. Verification does not ensure the accuracy of any specific composite presentation.

Minimum Investment

Pooled: $5M Separate: $20M


Algonquin Capital

Contact: Raj Tandon, Founding Partner

Address: 1 King St. W., Ste. 1502, Toronto, ON, M5H 1A1

Phone: 416-214-3493

Fax: 416-214-3493

Management Style: Credit

Ownership: Principals -100%, Public -, Third Party -

Professional Staff: 8 Established: 2014

Minimum Investment

Pooled: 250,000 Separate: 100mm


AlphaFixe Capital

Contact: Stéphane Corriveau, President

Address: 1800 McGill College Ave., Ste. 2420, Montreal, QC, H3A 3J6

Phone: 514-861-3493

Fax:

Management Style: Yield Curve, Credit, Structured Products, Index, Immunized, Quantitative

Ownership: Principals -100% Employee owned, Public -, Third Party -

Professional Staff: 15 Established: 2008

Minimum Investment


Aviva Investors

Contact: Rahul Khasgiwale, Investment Director, Americas

Address: 100 King St., Toronto, ON, M5X 2A2

Phone: 416-360-2766

Fax:

Management Style: Credit

Passive Management Indicies: No.

Ownership: Principals -, Public -, Third Party -100 Wholly owned subsidiary of Aviva plc.

Professional Staff: 93 Established: 1971

Performance Presentation Standards GIPS

Minimum Investment

Pooled: $500,000 Separate: $25


AXA Investment Managers

Contact: Yves Michel, Director of Client Relations - CANADA

Address: Tour Majunga, 6 place de la Pyramide, PARIS LA DEFENSE, FR, 92908

Phone: 203-278-6199

Fax:

Management Style: Yield Curve, Credit, Structured Products

Other Management Style: Fundamental

Passive Management Indicies: Not Applicable. AXA IM is an active manager.

Ownership: Principals -97.31% (AXA Group), Public -0%, Third Party -2.69% 2.69% = 2.48% held by mutual insurance companies and 0.21% by employees, in relation to a share-based compensation program. Data as of the end of December 2017.

Professional Staff: 126 Established: 1994

Performance Presentation Standards GIPS

Minimum Investment

Pooled: The minimum investment required varies between our different pooled funds and share classes. We would be happy to communicate you the minimum investment required for a specific pooled fund and a specific share class. Separate: $50M


Baker Gilmore & Associates Inc.

Contact: Brent Wilkins, Head of Institutional Sales

Address: 1800 McGill College Ave., Ste. 2310, Montreal, QC, H3A 3J6

Phone: 416-862-2020

Fax: 416-363-2089

Management Style: Yield Curve, Credit, Immunized

Other Management Style: Value-driven approach over a long-term investment horizon; multiple, diversified strategies.

Ownership: Principals -50%, Public -, Third Party -50% Connor, Clark & Lunn Financial Group Ltd.

Professional Staff: 7 Established: 1988

Performance Presentation Standards GIPS

Minimum Investment

Pooled: $5M Separate: $10M


BARINGS

Contact: Michael Annis, Head of Sales and Business Development - Canada

Address: Brookfield Place, 161 Bay St., 27th Floor, Toronto, ON, M5J 2S1

Phone: 416-572-2400

Fax:

Management Style: Yield Curve, Credit

Other Management Style: Duration

Ownership: Principals -, Public -, Third Party -100% Wholly-owned subsidiary of Massachusetts Mutual Life Insurance Company

Professional Staff: 280 Established: 1940

Performance Presentation Standards GIPS

Minimum Investment

Pooled: Varies by product Separate: Varies by product


Beutel, Goodman & Company Ltd.

Contact: Tim Hylton, Senior Vice-president, Institutional Client Service

Address: 20 Eglinton Ave. W., Ste. 2000, Toronto, ON, M4R 1K8

Phone: 416-932-6342

Fax: 416-485-1799

Management Style: Yield Curve, Credit, Immunized, Quantitative

Other Management Style: Active, Duration, Interest Rate Anticipation, Sector Swapping, Maturity Swapping

Ownership: Principals -51%, Public -, Third Party -49% Affiliated Managers Group, Inc.

Professional Staff: 7 Established: 1967

Performance Presentation Standards GIPS

Minimum Investment

Pooled: $10M Separate: $25M


BMO Global Asset Management

Contact: Ross Kappele, Head of Distribution & Client Management

Address: 100 King St. W., Toronto, ON, M5X 1A1

Phone: 416-359-5217

Fax:

Management Style: Yield Curve, Credit, Structured Products, Index

Other Management Style: ESG

Passive Management Indicies: FTSE TMX Canada 20+ Strip Bond Index

Ownership: Principals -, Public -, Third Party -100% BMO Financial Group

Professional Staff: 5 Established: 1982

Performance Presentation Standards GIPS

Minimum Investment

Pooled: $10M Separate: $100M


BNY Mellon Asset Management

Contact: Michael Parsons, Vice-president, Sales & Marketing

Address: 200 Wellington St. W., Ste. 305, Toronto, ON, M5V 3C7

Phone: 416-840-8019

Fax: 416-840-8030

Management Style: Yield Curve, Credit, Index, Immunized, Quantitative

Ownership: Principals -, Public -100%, Third Party -

Professional Staff: Established:

Minimum Investment


BRANDES INVESTMENT PARTNERS

Contact: Tim Newburn, Director, Institutional Group

Address: 20 Bay St., Ste. 400, Toronto, ON, M5J 2N8

Phone: 403-217-1331

Fax: 416-306-5750

Management Style: Credit

Other Management Style: Bottom-Up Value approach aimed at finding mis-priced securities across sectors and industries.

Ownership: Principals -100%, Public -, Third Party -

Professional Staff: 4 Established: 1974

Performance Presentation Standards GIPS

Minimum Investment

Pooled: $1M Separate: $10M


Brandywine Global Investment Management, LLC

Contact: Andrew Forsyth, Managing Director

Address: 1267 Cornwall Rd., Oakville, ON, L6J 7T5

Phone: 416-807-1800

Fax:

Other Management Style: Disciplined, active, value-driven, strategic approach to global bonds

Passive Management Indicies: Not applicable as the Firm does not use passive management.

Ownership: Principals -, Public -, Third Party -100% Legg Mason, Inc.

Professional Staff: 29 Established: 1986

Performance Presentation Standards GIPS

Minimum Investment

Pooled: $500,000 Separate: $50M


Burgundy Asset Management Ltd.

Contact: Sylvie Methot, CFA, Vice-president

Address: 181 Bay St., Ste. 4510, Brookfield Place, Bay Wellington Tower, Toronto, ON, M5J 2T3

Phone: 416-869-6468

Fax: 416-869-9036

Management Style: Credit

Ownership: Principals -100%, Public -0%, Third Party -0%

Professional Staff: 4 Established: 1990

Performance Presentation Standards GIPS® (Global Investment Performance Standards) verified as of December 31, 2017.

Minimum Investment

Pooled: $5 million Separate: $10 million


CANSO INVESTMENT COUNSEL LTD.

Contact: Heather Mason-Wood, Portfolio Manager, CCO

Address: 100 York Blvd., Ste. 550, Richmond Hill, ON, L4B 1J8

Phone: 905-881-8853

Fax: 905-881-1466

Management Style: Credit

Ownership: Principals -100%, Public -, Third Party -

Professional Staff: 29 Established: 1997

Performance Presentation Standards GIPS

Minimum Investment

Pooled: $10M Separate: $50M


Capital Group Canada

Contact: C. Jeff Cook, Senior Vice-president, Relationship Manager

Address: Brookfield Place, 181 Bay St., Ste. 3730, Toronto, ON, M5J 2T3

Phone: 844-421-6636

Fax: 213-486-9223

Management Style: Yield Curve, Credit, Immunized

Other Management Style: Fundamental Research

Ownership: Principals -100, Public -, Third Party -

Professional Staff: 74 Established: 1931

Performance Presentation Standards GIPS

Minimum Investment

Pooled: 15 million Separate: 100 million


CI INSTITUTIONAL ASSET MANAGEMENT

Contact: Tom Johnston, President

Address: 2 Queen St. E., 19th Floor, Toronto, ON, M5C 3G7

Phone: 416-681-7084

Fax: 416-681-8849

Management Style: Yield Curve, Credit, Structured Products

Ownership: Principals -7.20%, Public -92.80%, Third Party -

Professional Staff: 18 Established: 1965

Minimum Investment

Pooled: $1M Separate: $50M


CIBC Asset Management Inc.

Contact: Doug MacDonald, Managing Director & Global Head of Distribution

Address: 18 York St., Ste. 1400, Toronto, ON, M5J 2T8

Phone: 416-780-5739

Fax: 416-364-3286

Management Style: Yield Curve, Credit, Structured Products, Index, Immunized, Quantitative

Other Management Style: Multi-alpha

Passive Management Indicies: FTSE TMX Universe Bond Index, FTSE TMX Short-term Bond Index, FTSE TMX Long-term Bond Index, FTSE TMX Real Return Bond, Customized Liability Benchmark

Ownership: Principals -, Public -, Third Party -100% Member of the CIBC group of companies, wholly-owned by Canadian Imperial Bank of Commerce

Professional Staff: 23 Established: 1972

Performance Presentation Standards GIPS

Minimum Investment

Pooled: $10M


Cidel Asset Management International

Contact: Catherine Jackman, CFA, Senior Institutional Director

Address: 60 Bloor St. W. - Ste. 900, Toronto, ON, M4W 3B8

Phone: 416-645-8733

Fax: 416-977-7650

Management Style: Yield Curve, Credit, Index

Ownership: Principals -90%, Public -, Third Party -10% Cidel Bank and Trust

Professional Staff: 4 Established: 1959

Minimum Investment

Pooled: $25,000M Separate: $500,000M


Connor, Clark & Lunn Investment Management Ltd.

Contact: Brent Wilkins, Head of Institutional Sales (Canada), Connor, Clark & Lunn Financial Group

Address: 2200-1111 W. Georgia St., Vancouver, BC, V6E 4M3

Phone: 416-862-2020

Fax: 416-363-2089

Management Style: Yield Curve, Credit, Index, Immunized, Quantitative

Ownership: Principals -71.40%, Public -, Third Party -28.60% Connor, Clark & Lunn Financial Group Ltd.

Professional Staff: 16 Established: 1982

Performance Presentation Standards GIPS

Minimum Investment

Pooled: $10M Separate: $15M


Desjardins Global Asset Management

Contact: Marco Larocque, Director, Relationship Management

Address: 1 Complexe Desjardins, 20th South Tower, Montreal, QC, H5B 1B3

Management Style: Yield Curve, Credit, Structured Products, Index, Immunized, Quantitative

Passive Management Indicies: FTSE Canada Universe Bond Index and Customized Indices

Ownership: Principals -, Public -, Third Party -100% Wholly-owned subsidiary of the Desjardins Group

Professional Staff: 14 Established: 2003

Minimum Investment

Pooled: $1M Separate: $25M


Federated Investors, Inc.

Contact: David Gregoire, Vice-president

Address: 1001 Liberty Ave., Pittsburgh, PA, 15222

Phone: 416-527-1150

Fax: 412-288-1093

Management Style: Yield Curve, Credit, Quantitative

Other Management Style: Federated has approximately 48 asset class styles as of September 30, 2018.

Passive Management Indicies: N/A

Ownership: Principals -15.00%, Public -85.00%, Third Party - The firm is privately-controlled and publicly-traded on the NYSE. Voting shares are held in a trust among founding family members. Employee ownership approximates 15% of the traded shares.

Professional Staff: 110 Established: 1955

Performance Presentation Standards On 6/30/17, ACA Performance Services, LLC (“ACA”), part of ACA Compliance Group, acquired the GIPS verification and investment performance services business line of Ashland Partners & Company, LLP. Our most current GIPS verification letter is dated 09/30/2018.

Minimum Investment

Pooled: Varies by product Separate: USD $25M, however, this is negotiable.


FIDELITY CANADA INSTITUTIONAL

Contact: Michael Barnett, Executive Vice-president, Institutional

Address: 483 Bay St., Toronto, ON, M5G 2N7

Phone: 416-217-7773

Fax: 416-307-5511

Management Style: Yield Curve, Credit, Structured Products, Index

Ownership: Principals -100%, Public -, Third Party -

Professional Staff: 202 Established: 2005

Performance Presentation Standards GIPS

Minimum Investment

Pooled: $7.5M Separate: $100M (Minimum investment for Canadian fixed income strategies)


FIERA CAPITAL CORPORATION

Contact: Martin Dufresne, Executive Vice-president and Head of Institutional Markets

Address: 1501 McGill College Ave., Montreal, QC, H3A 3M8

Phone: 514-954-3300

Fax: 514-954-5098

Management Style: Yield Curve, Credit, Structured Products, Index, Immunized

Other Management Style: Core+, Strategic, Relative Value

Ownership: Principals -13%, Public -61%, Third Party -26% Canadian financial institutions

Professional Staff: 28 Established: 2003

Performance Presentation Standards GIPS

Minimum Investment

Pooled: $5M Separate: $20M


Foresters Asset Management Inc.

Contact: Melanie del Rio, Client Services Director

Address: 20 Adelaide St.E., 15th Floor, Toronto, ON, M5C 2T6

Phone: 416-226-8084

Fax: 416-226-8051

Management Style: Credit

Other Management Style: Neutral duration

Ownership: Principals -, Public -, Third Party -100% The Independent Order of Foresters (Canada)

Professional Staff: 5 Established: 2001

Minimum Investment

Pooled: $150,000 Separate: $10M


FOYSTON, GORDON & PAYNE INC.

Contact: Kimberley Woolverton, Senior Vice-president, Institutional Client Services

Address: 1 Adelaide St. E., Ste. 2600, Toronto, ON, M5C 2V9

Phone: 416-848-1936

Fax:

Management Style: Yield Curve, Credit

Ownership: Principals -36%, Public -, Third Party -64% Affiliated Managers Group

Professional Staff: 6 Established: 1980

Performance Presentation Standards GIPS

Minimum Investment

Pooled: $2M Separate: $10M


FRANKLIN TEMPLETON

Contact: Matthew Williams, Head of Institutional & Client Service

Address: 200 King St. W., Ste. 1400, Toronto, ON, M5H 3T4

Phone: 416-957-6000

Fax:

Management Style: Yield Curve, Credit, Immunized, Quantitative

Other Management Style: Domestic Fixed Income (Canadian), Emerging Market Debt, Global Sovereigns, Local Asset Management, Mortgages/ABS, Corporate High Yield & Investment Grade, Municipals, Bank Loans & Low Duration, Private Credit

Ownership: Principals -36%, Public -64%, Third Party -

Professional Staff: 183 Established: 1971 (Franklin Templeton Fixed Income Group)

Performance Presentation Standards GIPS

Minimum Investment

Pooled: $1M Separate: $20M-$250M (depending on the mandate)


GLC Asset Management Group Ltd.

Contact: Craig Christie, Vice-president, Institutional Investment Solutions, Great-West Life Assurance Company

Address: 100 Osborne St. N., Winnipeg, MB, R3C 3A5

Phone: 204-946-4083

Fax: 204-946-8818

Management Style: Yield Curve, Credit, Index, Quantitative

Other Management Style: Interest Rate Anticipation

Passive Management Indicies: FTSE Canada Universe Bond Index

Ownership: Principals -, Public -, Third Party -100% The Great-West Life Assurance Company

Professional Staff: 13 Established: 2011

Performance Presentation Standards Values of funds determined daily by segregated funds financial services department

Minimum Investment

Pooled: $5M Separate: $25M


Greystone Managed Investments Inc.

Contact: Sean Collins, Senior Vice-president, Institutional Relationships

Address: Ste. 4510, 77 King St. W., Toronto, ON, M5K 1J3

Phone: 416-309-2183

Fax: 416-309-2189

Management Style: Yield Curve, Credit, Structured Products, Index

Ownership: Principals -0, Public -100, Third Party - As of November 1, 2018, the acquisition of Greystone by The Toronto-Dominion Bank closed and Greystone now operates as TD Greystone Asset Management. TD Greystone Asset Management is a wholly owned indirect subsidiary of The Toronto-Dominion Bank.

Professional Staff: 47 Established: 1988

Performance Presentation Standards GIPS

Minimum Investment

Pooled: $5M Separate: $5M


Guardian Capital LP

Contact: Robin Lacey, Head of Institutional Asset Management

Address: 199 Bay St, Commerce Court W., Ste. 3100, Toronto, ON, M5L 1E8

Phone: 416-947-4082

Fax: 416-364-9634

Management Style: Yield Curve, Credit, Structured Products, Immunized, Quantitative

Ownership: Principals -, Public -, Third Party -100% Guardian Capital Group Limited

Professional Staff: 8 Established: 1962

Performance Presentation Standards GIPS

Minimum Investment

Pooled: $1M Separate: Varies by Mandate


HSBC Global Asset Management (Canada) Limited

Contact: Ramy Zakher, Vice-president, Institutional Investments

Address: Ste. 300, 70 York St., Toronto, ON, M5J 1S9

Phone: 416-868-8286

Fax: 416-361-6345

Management Style: Yield Curve, Credit

Ownership: Principals -, Public -, Third Party - Indirect wholly-owned subsidiary of HSBC Holdings plc

Professional Staff: 4 Established: 1980

Performance Presentation Standards GIPS

Minimum Investment

Pooled: $10M Separate: $50M


Invesco Canada Ltd.

Contact: Michael Peck, Vice-president, Head of Canadian Institutional

Address: 120 Bloor St. E., Ste. 700, Toronto, ON, M4W 1B7

Phone: 416-324-7679

Fax: 416-590-7742

Management Style: Yield Curve, Credit, Structured Products

Other Management Style: Credit Selection - 80%; Yield Curve - 10%; Interest Rate Anticipation - 10%

Ownership: Principals -7%, Public -93%, Third Party -

Professional Staff: 169 Established: 1981

Performance Presentation Standards GIPS

Minimum Investment

Pooled: $1M Separate: $25M


J Zechner Associates Inc.

Contact: David Cohen, President

Address: 130 Adelaide St. W., Ste. 1701, Toronto, ON, M5H 3P5

Phone: 416-867-8649

Fax: 416-867-8705

Management Style: Yield Curve, Credit

Other Management Style: Interest Rate Anticipation

Passive Management Indicies: N/A

Ownership: Principals -100%, Public -, Third Party -

Professional Staff: 4 Established: 1993

Performance Presentation Standards CFA Institute

Minimum Investment

Pooled: $150,000 Separate: $10M


J.P. Morgan Asset Management (Canada) Inc.

Contact: Daniel Smith, Executive Director

Address: Ste. 4500, TD Bank Tower, 66 Wellington St. W., Toronto, ON, M5K 1E7

Management Style: Yield Curve, Credit, Immunized

Ownership: Principals -Wholly-owned subsidiary of J.P. Morgan Chase & Company, Public -, Third Party -

Professional Staff: 200 Established: 1871

Performance Presentation Standards GIPS

Minimum Investment

Pooled: $1M Separate: $50M


Jarislowsky Fraser Limited

Contact: Peter Godec, Partner

Address: 20 Queen St. W., Ste. 3100, Toronto, ON, M5H 3R3

Phone: 416-363-7417

Fax: 416-363-8079

Management Style: Yield Curve, Credit

Ownership: Principals -, Public -, Third Party -100% Bank of Nova Scotia

Professional Staff: 3 Established: 1955

Minimum Investment

Pooled: $1 M Separate: $15-$20 M


Leith Wheeler Investment Counsel

Contact: Ben Homsy, CFA, Fixed Income Portfolio Manager

Address: 1500-400 Burrard St., Vancouver, BC, V6C 3A6

Phone: 604-602-8367

Fax: 604-683-0323

Management Style: Yield Curve, Credit

Other Management Style: Duration

Ownership: Principals -, Public -, Third Party - Employee-owned

Professional Staff: 11 Established: 1982

Performance Presentation Standards GIPS

Minimum Investment

Pooled: $3M Separate: $10M


Letko, Brosseau & Associates

Contact: Paul Vaillancourt, CFA, Partner, Director, Investment Services

Address: 1800 McGill College Ave., Ste. 2510, Montreal, QC, H3A 3J6

Phone: 514-499-1200

Fax: 514-499-0361

Email: info@lba.ca

Website: www.lba.ca

Other Management Style: - Global economic modeling - Business cycle analysis - Interest rate and yield curve forecasts - Credit assessment and special features

Ownership: Principals -84%, Public -, Third Party -16% Private individuals

Professional Staff: 23 Established: 1987

Performance Presentation Standards GIPS

Minimum Investment

Pooled: $1M Separate: $5M


LINCLUDEN INVESTMENT MANAGEMENT

Contact: Wayne Wilson, Vice-president

Address: 201 City Centre Dr., Ste. 201, Mississauga, ON, L5B 2T4

Phone: 905-273-3018

Fax: 905-273-4882

Management Style: Yield Curve, Credit

Other Management Style: Value

Ownership: Principals -40%, Public -, Third Party -

Professional Staff: 3 Established: 1982

Minimum Investment

Pooled: $150,000 Separate: $10M


Lorica Investment Counsel Inc.

Contact: Joanne Nahibuan, Manager, Marketing & Client Services

Address: 130 Spadina Ave., Ste. 801, Toronto, ON, M5V 2L4

Phone: 647-776-8107

Fax:

Management Style: Yield Curve, Credit, Index, Immunized, Quantitative

Ownership: Principals -100%, Public -, Third Party -

Professional Staff: 3 Established: 2010

Minimum Investment

Separate: $6M


Louisbourg Investments

Contact: Emerson Savage, Associate Institutional Portfolio Manager

Address: 1000-770 Main St., Moncton, NB, E1C 1E7

Phone: 506-853-5456

Fax:

Management Style: Yield Curve, Credit, Index, Immunized

Ownership: Principals -30%, Public -0%, Third Party -70% Assumption Mutual Life Insurance Company

Professional Staff: 3 Established: 1991

Performance Presentation Standards Do not currently follow GIPS.

Minimum Investment

Pooled: 500000 Separate: 1000000


Mackenzie Investments

Contact: Mark Sack, Vice-president

Address: 180 Queen St. W., Toronto, ON, M5V 3K1

Phone: 416-967-2151

Fax: 416-922-3455

Management Style: Yield Curve, Credit

Other Management Style: Relative Value

Ownership: Principals -, Public -, Third Party - IGM Financial Inc.

Professional Staff: 18 Established: 1967

Performance Presentation Standards GIPS

Minimum Investment

Pooled: $5M Separate: $20M


MANULIFE ASSET MANAGEMENT

Contact: Adam Neal, Head of Distribution - Canada

Address: NT5, 200 Bloor St. E., Toronto, ON, M4W 1E5

Phone: 416-926-3000

Fax:

Management Style: Yield Curve, Credit, Structured Products, Index, Immunized, Quantitative

Passive Management Indicies: FTSE Canada Universe Index & FTSE Long Term Bond Index

Ownership: Principals -0.00%, Public -0.00%, Third Party -100.00% Manulife Financial Corporation

Professional Staff: 23 Established: 1949

Performance Presentation Standards GIPS

Minimum Investment

Pooled: $5 Million CAD Separate: $10 Million CAD for Equity, $25 Million CAD for Fixed Income


Matthews Asia

Contact: Celine Colgan, Head of North American Institutional Business

Address: 4 Embarcadero Center, Ste. 550, San Francisco, CA, 94111

Phone: 415-954-4545

Fax: 415-788-4804

Management Style: Credit

Ownership: Principals -40%, Public -, Third Party -60% Please refer to the fully diluted ownership structure below as of December 31, 2017. Matthews International Capital Management, LLC Ownership Structure: Ownership Entity; % of Ownership; Management, 40%, RBC USA HoldCo Corp. 18%, Lovell Minnick Partners LLC 20%, Mizuho Bank Limited 16%, Miscellaneous Investors 6%, Total 100%

Professional Staff: 3 Established: 1991

Performance Presentation Standards GIPS

Minimum Investment

Pooled: $1.3 M CDN (Institutional Class Shares) Separate: $100 M CDN


MAWER INVESTMENT MANAGEMENT LTD.

Contact: Rob Campbell, Institutional Portfolio Manager

Address: Suite 830, Box 43, 333 Bay St., Toronto, ON, M5H 2R2

Phone: 416-865-5297

Fax: 416-865-3357

Management Style: Yield Curve, Credit

Passive Management Indicies: N/A

Ownership: Principals -100%, Public -, Third Party -

Professional Staff: 4 Established: 1974

Performance Presentation Standards GIPS

Minimum Investment

Pooled: $5M Separate: $50M


MFS Investment Management Canada Limited

Contact: Christine Girvan, Managing Director of Sales, Canada

Address: 77 King St. W., 35th Floor, Toronto, ON, M5K 1B7

Phone: 416-361-7273

Fax: 416-862-0167

Other Management Style: Asset & Sector Allocation, Security Selection, Duration & Yield Curve, Region, Currency

Ownership: Principals -Up to 20%, Public -, Third Party - Remainder is owned by Sun Life Financial, Inc.

Professional Staff: 93 Established: 1924

Performance Presentation Standards GIPS

Minimum Investment

Pooled: $3M


Middlefeild Group

Contact: Nancy Tham, Sales and Marketing

Address: First Canadian Place, 58th floor, toronto, ON, M5X 1A6

Phone: 416-362-0714

Fax: 416-362-7925

Ownership: Principals -, Public -, Third Party -

Professional Staff: Established:

Minimum Investment


Montrusco Bolton Investments Inc.

Contact: Richard Guay, Senior Vice-president

Address: 1501 McGill College Ave., Ste. 1200, Montreal, QC, H3A 3M8

Phone: 514-842-6464

Fax: 514-282-2516

Management Style: Yield Curve, Credit

Other Management Style: Top-down

Ownership: Principals -33%, Public -, Third Party -67% AMG - 43% & FSTQ - 24%

Professional Staff: 1 Established: 1946

Minimum Investment

Pooled: $5M Separate: $5M


NISA Investment Advisors, LLC

Contact: Greg Johnson, Director, Client Services

Address: 101 S. Hanley Rd., St. Louis, MO, 63105

Phone: 314-721-1900

Fax: 314-721-3041

Management Style: Yield Curve, Credit, Immunized

Other Management Style: Custom liability focused

Ownership: Principals -100%, Public -, Third Party -

Professional Staff: 92 Established: 1994

Performance Presentation Standards Performance Presentation Standards: NISA Investment Advisors, LLC claims compliance with the Global Investment Performance Standards (GIPS®) and prepares performance reports in compliance with the GIPS standards. NISA Investment Advisors, LLC has been independently verified for the periods of January 1, 1995 through June 30, 2018. Verification assesses whether (1) the firm has complied with all the composite construction requirements of the GIPS standards on a firm-wide basis and (2) the firm's policies and procedures are designed to calculate and present performance in compliance with the GIPS standards. Verification does not ensure the accuracy of any specific composite presentation.

Minimum Investment

Pooled: Currently, all NISA managed portfolios are separately managed accounts. Separate: NISA does not have a stated minimum portfolio size but a minimum fee may be applicable. All fees are documented in the IMA.


NORTHERN TRUST ASSET MANAGEMENT

Contact: David Lester, Senior Vice-president

Address: 1910-145 King St. W., Toronto, ON, M5H 1J8

Phone: 416-775-2215

Fax: 416-366-2033

Management Style: Yield Curve, Credit, Structured Products, Index, Immunized, Quantitative

Passive Management Indicies: FTSE Canada Universe Bond, FTSE Canada Long-Term Bond, FTSE Canada Long-Term Broad Market Bond, J.P. Morgan USD Emerging Markets Bond, Markit iBoxx USD Liquid High Yield

Ownership: Principals -, Public -100%, Third Party -

Professional Staff: Established: 1979

Minimum Investment

Pooled: $1,000,000 Separate: $5,000,000


Optimum Asset Management

Contact: Brigitte Gascon, Senior Vice-president, Development

Address: 425 de Maisonneuve Blvd. W., Ste. 1620, Montreal, QC, H3A 3G5

Phone: 514-288-7545

Fax: 514-288-4280

Management Style: Yield Curve, Credit, Structured Products, Immunized, Quantitative

Other Management Style: FTSE Canada Universe, FTSE Long-Term Canada, FTSE Canada Provincial and other

Passive Management Indicies: FTSE Canada Universe, FTSE Long-Term Canada, Mix of FTSE Canada Universe & FTSE Long-Term Canada and other

Ownership: Principals -100%, Public -, Third Party -

Professional Staff: 9 Established: 1985

Minimum Investment

Pooled: $100,000 Separate: $5M


PGIM

Contact: Cameron Lochhead, Managing Director, Institutional Relationship Group

Address: 655 Broad St., 10th Floor, Newark, NJ, 7102

Phone: 973-367-1850

Fax:

Management Style: Yield Curve, Credit, Structured Products

Other Management Style: Active Fixed Income & Alternative Fixed Income Strategies

Ownership: Principals -, Public -0%, Third Party - PGIM Fixed Income is a business unit within PGIM, Inc., a wholly-owned subsidiary of PGIM Holding Company, LLC. PGIM Holding Company, LLC is wholly-owned by Prudential Financial, Inc. (NYSE: PRU)

Professional Staff: 283 Established: 1875

Performance Presentation Standards GIPS

Minimum Investment

Pooled: Varies by strategy Separate: Varies by strategy


Phillips, Hager & North Investment Management

Contact: John Skeans, Vice-president

Address: 200 Burrard St. - 20th Floor, Vancouver, BC, V6C 3N5

Phone: 604-408-6000

Fax: 604-685-5712

Management Style: Yield Curve, Credit, Structured Products, Immunized

Ownership: Principals -, Public -100%, Third Party -

Professional Staff: 45 Established: 1964

Performance Presentation Standards GIPS

Minimum Investment

Pooled: Varies depending on mandate, minimum fee of $75,000 per annum applies Separate: Varies depending on mandate, minimum fee of $150,000 per annum applies


Pictet Asset Management Ltd.

Contact: Jean-Pierre Gemme, Senior Business Development Manager

Address: 1000 de la Gauchetiere W., Ste. 3100, Montreal, QC, H3B 4W5

Phone: 514-350-6217

Fax: 514-288-4573

Management Style: Yield Curve, Credit

Other Management Style: Emerging Market Debt, Global Sovereigns, Absolute Return Fixed Income, Corporate High Yield and Investment Grade, Sustainable Credit

Ownership: Principals -100%, Public -, Third Party -

Professional Staff: 83 Established: 1980 (Parent - 1805)

Performance Presentation Standards GIPS

Minimum Investment

Pooled: Varies by strategy Separate: Varies by strategy


Picton Mahoney Asset Management

Contact: Taras Klymenko, Head of Institutional Business

Address: 33 Yonge St. - Ste. 830, Toronto, ON, M5E 1G4

Phone: 416-702-4337

Fax:

Management Style: Yield Curve, Credit, Structured Products, Quantitative

Passive Management Indicies: N/A

Ownership: Principals -100%, Public -, Third Party -

Professional Staff: 6 Established: 2004

Minimum Investment

Pooled: $25M Separate: $25M


PIMCO

Contact: Philippe Chkaibane, Senior Vice-president

Address: 199 Bay St., Ste. 2050, Toronto, ON, M5L 1G2

Phone: 416-646-1449

Fax:

Other Management Style: Active fixed income management with long-term focus utilizing all major global sectors of the bond market while managing duration within a moderate range around the benchmark

Ownership: Principals -, Public -, Third Party - Indirect subsidiary of Pacific Investment Management Company LLC

Professional Staff: 797 Established: 1971

Performance Presentation Standards GIPS

Minimum Investment

Pooled: $5M Separate: $75M


Romspen Investment Corporation

Contact: Dianna Price, Executive Vice-president Investor Relations, Business Development

Address: 162 Cumberland St., Ste. 300, Toronto, ON, M5R 3N5

Phone: 416-928-5105

Fax: 416-966-1161

Other Management Style: Mortgage

Ownership: Principals -100%, Public -0, Third Party -0

Professional Staff: 8 Established: 1966

Performance Presentation Standards Current yield

Minimum Investment

Pooled: 150,000 Separate: Not applicable


Russell Investments Canada Limited

Contact: Andrew Kitchen, Managing Director, Canada Institutional

Address: 100 King St. W., Suit 5900, Toronto, ON, M5X 1E4

Phone: 416-640-2482

Fax: 416-362-4494

Other Management Style: Multi-manager

Ownership: Principals -, Public -, Third Party - Ownership composed of a majority stake held by funds managed by TA Associates with minority stakes held by funds managed by Reverence Capital Partners and Russell Investments' management.

Professional Staff: Established: 1936

Minimum Investment


Scotia Institutional Asset Management

Contact: Bryan DeLaurier, Vice-president & Head of Business Development

Address: 1 Adelaide St. E., 23rd Floor, Toronto, ON, M5C 2V9

Phone: 416-365-2991

Fax: 416-933-7490

Management Style: Yield Curve, Credit

Other Management Style: Absolute Return

Ownership: Principals -Scotiabank, Public -100%, Third Party -

Professional Staff: 80 Established: 1877

Minimum Investment

Pooled: $10M Separate: $50M


SEAMARK Asset Management Ltd.

Contact: Beste Alpargun, Vice-president - Fixed Income

Address: 400-1718 Argyle St, Halifax, NS, B3J 3N6

Phone: 902-423-9547

Fax: 902-423-0726

Ownership: Principals -, Public -, Third Party -

Professional Staff: 2 Established:

Minimum Investment


STATE STREET GLOBAL ADVISORS, LTD.

Contact: Michael W. Brown, Vice-president,Consultant Relations Manager

Address: 30 Adelaide St. E., Ste. 500, Toronto, ON, M5C 3G6

Phone: 647-775-5778

Fax: 647-775-7264

Management Style: Yield Curve, Credit, Structured Products, Index, Immunized, Quantitative

Other Management Style: Note:-While most of our strategies are indexed based, we also have capabilities in other areas of fixed income and cash management.

Passive Management Indicies: FTSE TMX Canada Short Term Overall Bond Index FTSE TMX Canada 20+ Strip Bond Index FTSE TMX Canada Overall Long Term Bond Index FTSE TMX Canada Real Return Bond Index FTSE TMX Canada Universe Bond Index FTSE TMX Canada Long Term Government Bond Index

Ownership: Principals -Less than 5%, Public -over 95%, Third Party - State Street Global Advisors, Ltd. (“SSGA Canada”) is a limited liability corporation incorporated under the laws of Canada. SSGA Canada is a wholly-owned subsidiary of SSGA International Holdings Inc. (“SSGA IH”). SSGA IH is a wholly-owned subsidiary of SSGA Inc., which is a wholly-owned subsidiary of State Street Corporation. State Street Corporation is a publicly traded bank holding company whose shares are traded on the New York Stock Exchange under the symbol “STT.”

Professional Staff: 118 Established: 1991

Performance Presentation Standards Compliant with GIPS

Minimum Investment

Pooled: $5m min AUM Separate: $175,000 min fee


Sun Life Global Investments

Contact: Anne Meloche, Head of Institutional Business

Address: 1 York St., Toronto, ON, M5J 0B6

Management Style: Yield Curve, Credit, Index

Other Management Style: Canadian Bonds - Active: multi-strategy/multi-manager

Passive Management Indicies: DEX Universe Bond Index

Ownership: Principals -, Public -, Third Party -100% Sun Life Financial

Professional Staff: Established: 2010

Performance Presentation Standards N1 81-102 Investment funds regulatory requirement. (1, 3, 5, 10 yr, plus since inception if no 10 yr)

Minimum Investment

Separate: N/A


Sun Life Institutional Investments (Canada) Inc., a Sun Life Investment Management company

Contact: Heather Wolfe, Senior Managing Director, Head of Business Development and Client Relationships

Address: 1 York St., Toronto, ON, M5J 0B6

Phone: 416-408-7834

Fax:

Management Style: Credit, Immunized

Ownership: Principals -, Public -100%, Third Party -Sun Life Institutional Investments (Canada) Inc. is an indirect wholly-owned subsidiary of Sun Life Financial Inc., a publicly traded company listed on the Toronto (TSX), New York (NYSE) and Philippine (PSE) stock exchanges under the ticker symbol SLF.

Professional Staff: 172 Established: 2013

Minimum Investment

Pooled: Varies Separate: Varies


T. ROWE PRICE

Contact: Bruce Winch, Head of Sales, Canada

Address: 77 King St W Ste. 4240, Toronto, ON, M5K 1G8

Phone: 416-360-7214

Fax:

Management Style: Credit

Other Management Style: We implement a bottom-up, fundamental investment approach across all of our fixed income strategies, performing deep and focused credit research.

Passive Management Indicies: Barclays Capital U.S. Aggregate Bond Index (TRP US Bond Index Fund)

Ownership: Principals -, Public -100%, Third Party - T. Rowe Price Group, Inc. is a publicly traded company, with substantial employee ownership. Common stock owned outright by our associates, combined with outstanding vested stock options and unvested restricted stock awards, total nearly 14% of the firm's outstanding shares and outstanding vested stock options at December 31, 2017. T. Rowe Price distributes equity through both our employee stock purchase program and a stock incentive plan offering options and restricted stock: All employees are eligible to participate in the employee stock purchase program, and the firm will match the purchase of company stock up to a certain percentage of each employee's salary. Approximately 80% of employees own company stock.

Professional Staff: 197 Established: 1937

Performance Presentation Standards T. Rowe Price (“TRP”) has prepared and presented this report in compliance with the Global Investment Performance Standards (GIPS®). TRP has been independently verified for the 21‐year period ended June 30, 2018 by KPMG LLP. The verification report is available upon request.

Minimum Investment

Pooled: Varies by strategy & product Separate: Varies by strategy & product


TD Asset Management Inc.

Contact: Mark Cestnik, Managing Director

Address: 161 Bay St., 34th Floor, Toronto, ON, M5J 2T2

Phone: 416-983-7088

Fax:

Management Style: Yield Curve, Credit, Structured Products, Index, Immunized, Quantitative

Other Management Style: Duration Extension, Active Fundamental

Passive Management Indicies: FTSE TMX Canada Universe Bond, FTSE TMX Canada 20+ Strip Bond Index, FTSE TMX Canada Real Return Bond, FTSE TMX Canada Long Bond, FTSE TMX Canada Long Govt. Bond, FTSE TMX Canada Corp. Bond, FTSE TMX Canada Govt. Bond, FTSE TMX Canada Provincial Long Bond, FTSE TMX Canada Mid-term Provincial Bond Index, FTSE TMX Canada Long Corporate, FTSE TMX Canada All Government Bond Index; FTSE TMX Canada long term overall bond index; FTSE TMX Canada Long term government bond index; FTSE TMX Canada Long Term provincial Bond index

Ownership: Principals -, Public -, Third Party - Wholly-owned subsidiary of Toronto-Dominion Bank

Professional Staff: 69 Established: 1987

Performance Presentation Standards GIPS

Minimum Investment

Pooled: $10M Separate: $50M (Active) $200M (Passive)