Invested in performance.

Commissions, management fees, brokerage fees and expenses may all be associated with Exchange Traded Funds. Please read the prospectus before investing. The indicated rates of return are the historical annual compounded total returns including changes in unit value and reinvestment of all distributions, and do not take into account sales, redemption, distribution, or optional charges or income taxes payable by any security holder that would have reduced returns. Exchange Traded Funds are not guaranteed, their values change frequently, and past performance may not be repeated.

Commissions, trailing commissions, management fees, and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. The indicated rates of return are the historical annual compounded total returns as at June 30, 2026, including changes in unit value and reinvestment of all distributions and do not take into account sales, redemption, distribution, or optional charges or income taxes payable by any securityholder that would have reduced returns. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.

Morningstar Star Ratings reflect performance of Series F as at June 30, 2026, and are subject to change monthly. The ratings are an objective, quantitative measure of a fund’s historical risk-adjusted performance relative to other funds in its category. Only funds with at least a three-year track record are considered. The overall star rating for a fund is a weighted combination calculated from a fund’s 3, 5, and 10-year returns, as available, measured against the 91-day treasury bill and peer group returns. A fund can only be rated if there are a sufficient number of funds in its peer group to allow comparison for at least three years. If a fund scores in the top 10% of its fund category, it gets 5 stars; if it falls in the next 22.5%, it receives 4 stars; a place in the middle 35% earns a fund 3 stars; those in the next 22.5% receive 2 stars; and the lowest 10% receive 1 star. For more details on the calculation of Morningstar Star Ratings, see www.morningstar.ca.

Mackenzie GQE Emerging Markets Fund Series F, Emerging Markets Equity category: overall rating – 5 stars (237 funds), 3 years – 5 stars (237 funds), 5 years – 5 stars (208 funds), 10 years – n/a stars (134 funds).

Mackenzie Greenchip Global Environmental All Cap Fund Series F, Global Small/Mid Cap Equity category: overall rating – 5 stars (182 funds), 3 years – 4 stars (182 funds), 5 years – 5 stars (160 funds), 10 years – n/a stars (79 funds).

Mackenzie Global Resource Fund Series F, Natural Resources Equity category: overall rating – 5 stars (89 funds), 3 years – 5 stars (89 funds), 5 years – 5 stars (83 funds), 10 years – 4 stars (72 funds).

Mackenzie GQE Global Equity Fund Series F, Global Equity category: overall rating – 5 stars (1,665 funds), 3 years – 5 stars (1,665 funds), 5 years – 5 stars (1,396 funds), 10 years – 5 stars (822 funds).

Mackenzie Cundill Canadian Security Fund Series F, Canadian Focused Equity category: overall rating – 5 stars (446 funds), 3 years – 5 stars (446 funds), 5 years – 5 stars (434 funds), 10 years – 4 stars (343 funds).

Mackenzie Precious Metals Fund Series F, Precious Metals Equity category: overall rating – 5 stars (63 funds), 3 years – 5 stars (63 funds), 5 years – 5 stars (59 funds), 10 years – 5 stars (44 funds).

Mackenzie Cundill Canadian Balanced Fund Series F, Canadian Equity Balanced category: overall rating – 5 stars (280 funds), 3 years – 5 stars (280 funds), 5 years – 5 stars (271 funds), 10 years – 4 stars (220 funds).

Mackenzie Strategic Income Fund Series F, Canadian Neutral Balanced category: overall rating – 5 stars (386 funds), 3 years – 4 stars (386 funds), 5 years – 4 stars (349 funds), 10 years – 5 stars (288 funds).

Mackenzie Canadian Strategic Fixed Income ETF│MKB, Canadian Fixed Income category: overall rating – 5 stars (359 funds), 3 years – 4 stars (359 funds), 5 years – 4 stars (340 funds), 10 years – 5 stars (238 funds).

Mackenzie Global Infrastructure Index ETF│QINF, Global Infrastructure Equity category: overall rating – 5 stars (114 funds), 3 years – 5 stars (114 funds), 5 years – 5 stars (87 funds), 10 years – n/a stars (55 funds).

Mackenzie Balanced Allocation ETF│MBAL, Global Neutral Balanced category: overall rating – 5 stars (1,455 funds), 3 years – 5 stars (1,455 funds), 5 years – 5 stars (1,280 funds), 10 years – n/a stars (787 funds).

Mackenzie Growth Allocation ETF│MGRW, Global Equity Balanced category: overall rating – 5 stars (1,023 funds), 3 years – 5 stars (1,023 funds), 5 years – 5 stars (890 funds), 10 years – n/a stars (592 funds).

Mackenzie Conservative Allocation ETF│MCON, Global Fixed Income Balanced category: overall rating – 5 stars (798 funds), 3 years – 5 stars (798 funds), 5 years – 5 stars (719 funds), 10 years – n/a stars (441 funds).

FundGrade A+® is used with permission from Fundata Canada Inc., all rights reserved. The annual FundGrade A+® Awards are presented by Fundata Canada Inc. to recognize the “best of the best” among Canadian investment funds. The FundGrade A+® calculation is supplemental to the monthly FundGrade ratings and is calculated at the end of each calendar year. The FundGrade rating system evaluates funds based on their risk-adjusted performance, measured by Sharpe Ratio, Sortino Ratio, and Information Ratio. The score for each ratio is calculated individually, covering all time periods from 2 to 10 years. The scores are then weighted equally in calculating a monthly FundGrade. The top 10% of funds earn an A Grade; the next 20% of funds earn a B Grade; the next 40% of funds earn a C Grade; the next 20% of funds receive a D Grade; and the lowest 10% of funds receive an E Grade. To be eligible, a fund must have received a FundGrade rating every month in the previous year. The FundGrade A+® uses a GPA-style calculation, where each monthly FundGrade from “A” to “E” receives a score from 4 to 0, respectively. A fund’s average score for the year determines its GPA. Any fund with a GPA of 3.5 or greater is awarded a FundGrade A+® Award. For more information, see www.FundGradeAwards.com. Although Fundata makes every effort to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by Fundata.

Mackenzie GQE Emerging Markets Fund Series A was recognized for outstanding fund performance at the 2025 Fundata FundGrade A+® Awards in the Emerging Markets Equity category out of a total of 73 funds. Performance for the fund for the period ended December 31, 2025 is as follows: 28.7% (1 year), 20.2% (3 years), 8.9% (5 years) and 6.9% (since inception- June 2018).

Mackenzie Enhanced Global Balanced Fund Series A was recognized for outstanding fund performance at the 2025 Fundata FundGrade A+® Awards in the Global Neutral Balanced category out of a total of 226 funds. Performance for the fund for the period ended December 31, 2025 is as follows: 6.6% (1 year), 12.2% (3 years) and 3.9% (since inception- November 2021).

Mackenzie Global Resource Fund Series A was recognized for outstanding fund performance at the 2025 Fundata FundGrade A+® Awards in the Natural Resources Equity category out of a total of 27 funds. Performance for the fund for the period ended December 31, 2025 is as follows: 44.9% (1 year), 19.0% (3 years), 23.5% (5 years), 13.0% (10 years) and 9.0% (since inception- January 1978).

Mackenzie Precious Metals Fund Series A was recognized for outstanding fund performance at the 2025 Fundata FundGrade A+® Awards in the Precious Metals Equity category out of a total of 18 funds. Performance for the fund for the period ended December 31, 2025 is as follows: 172.9% (1 year), 53.9% (3 years), 25.5% (5 years), 26.2% (10 years) and 14.4% (since inception- October 2000).

Mackenzie US All Cap Growth Fund Series A was recognized for outstanding fund performance at the 2025 Fundata FundGrade A+® Awards in the U.S. Equity category out of a total of 256 funds. Performance for the fund for the period ended December 31, 2025 is as follows: 5.8% (1 year), 27.7% (3 years), 12.4% (5 years), 15.2% (10 years) and 10.7% (since inception- January 1995).

Mackenzie Balanced Allocation ETF (MBAL) was recognized for outstanding fund performance at the 2025 Fundata FundGrade A+® Awards in the Global Neutral Balanced category out of a total of 226 funds. Performance for the fund for the period ended December 31, 2025 is as follows: 14.0% (1 year), 14.6% (3 years), 8.2% (5 years) and 9.0% (since inception- September 2020).

Mackenzie Canadian Strategic Fixed Income ETF (MKB) was recognized for outstanding fund performance at the 2025 Fundata FundGrade A+® Awards in the Canadian Fixed Income category out of a total of 110 funds. Performance for the fund for the period ended December 31, 2025 is as follows: 2.9% (1 year), 4.7% (3 years), -0.1% (5 years) and 2.3% (since inception- April 2016).

Mackenzie Conservative Allocation ETF (MCON) was recognized for outstanding fund performance at the 2025 Fundata FundGrade A+® Awards in the Global Fixed Income Balanced category out of a total of 136 funds. Performance for the fund for the period ended December 31, 2025 is as follows: 10.2% (1 year), 11.1% (3 years), 5.3% (5 years) and 5.8% (since inception- September 2020).

Mackenzie Global Infrastructure Index ETF (QINF) was recognized for outstanding fund performance at the 2025 Fundata FundGrade A+®  Awards in the Global Infrastructure Equity category out of a total of 30 funds. Performance for the fund for the period ended December 31, 2025 is as follows: 15.6% (1 year), 13.9% (3 years), 11.9% (5 years) and 12.2% (since inception- September 2020).

Mackenzie Growth Allocation ETF (MGRW) was recognized for outstanding fund performance at the 2025 Fundata FundGrade A+® Awards in the Global Equity Balanced category out of a total of 190 funds. Performance for the fund for the period ended December 31, 2025 is as follows: 17.7% (1 year), 18.1% (3 years), 11.2% (5 years) and 12.1% (since inception- September 2020).

Mackenzie US Large Cap Equity Index ETF (QUU) was recognized for outstanding fund performance at the 2025 Fundata FundGrade A+® Awards in the U.S. Equity category out of a total of 256 funds. Performance for the fund for the period ended December 31, 2025 is as follows: 12.7% (1 year), 23.9% (3 years), 15.5% (5 years) and 14.9% (since inception- January 2018).

Mackenzie Focus Segregated Fund was recognized for outstanding fund performance at the 2025 Fundata FundGrade A+® Awards in the Global Equity category out of a total of 141 funds. Performance for the fund for the period ended December 31, 2025 is as follows: 20.5% (1 year), 23.7% (3 years), 14.9% (5 years), 9.1% (10 years) and 4.4% (since inception-September 1999).