Fund Portfolio – Mackenzie Global Leadership Impact ETF | Mackenzie Investments
MWMN

Mackenzie Global Leadership Impact ETF

NAV:

(18/10/2018)
C$31.20

MARKET PRICE:

(18/10/2018)
C$31.18
Asset Class: Global Equity

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Major Holdings (%) Help Top holdings by percentage

As of August 31, 2018
Major holdings represent 22.1% of the fund.
View all holdings
Total # of
Equity Holdings
393
Holding name, country and sector Percentage of holding in fund
MICROSOFT CORP (MSFT)
4.0%
TARGET CORP (TGT)
2.2%
MICHAEL KORS HOLDINGS (KORS)
2.1%
KELLOGG CO (K)
2.0%
AMERICAN WATER WORKS CO I (AWK)
2.0%
INTUIT INC (INTU)
2.0%
WOLTERS KLUWER (WKL)
2.0%
FACEBOOK INC-A (FB)
2.0%
PRINCIPAL FINANCIAL GROUP (PFG)
1.9%
CISCO SYSTEMS INC (CSCO)
1.9%

Complete Fund Holdings Help Full holdings list

As of July 31, 2018
Holding Name Ticker Market Value CAD (000s) % of NAV
MICROSOFT CORP MSFT 246 3.8%
AMERICAN WATER WORKS CO I AWK 135 2.1%
KELLOGG CO K 132 2.0%
TARGET CORP TGT 132 2.0%
PRINCIPAL FINANCIAL GROUP PFG 131 2.0%
FACEBOOK INC-A FB 128 2.0%
MICHAEL KORS HOLDINGS KORS 125 1.9%
WOLTERS KLUWER WKL 125 1.9%
INTUIT INC INTU 122 1.9%
ALPHABET INC-CL C GOOG 122 1.9%
SWEDBANK AB - A SHARES SWEDA 122 1.9%
ALPHABET INC-CL A GOOGL 115 1.8%
KEYCORP KEY 113 1.7%
TEXAS INSTRUMENTS INC TXN 111 1.7%
JOHNSON & JOHNSON JNJ 111 1.7%
ESTEE LAUDER COMPANIES-CL EL 109 1.7%
CISCO SYSTEMS INC CSCO 109 1.7%
PROCTER & GAMBLE CO/THE PG 107 1.7%
CANADIAN UTILITIES LTD-A CU 102 1.6%
ULTA BEAUTY INC ULTA 98 1.5%
BANK OF AMERICA CORP BAC 95 1.5%
KERING KER 92 1.4%
VISA INC-CLASS A SHARES V 76 1.2%
HOME DEPOT INC HD 71 1.1%
MACY'S INC M 70 1.1%
MASTERCARD INC - A MA 62 1.0%
MARRIOTT INTERNATIONAL -C MAR 60 0.9%
SINGAPORE TELECOMMUNICATI ST 57 0.9%
COCA-COLA CO/THE KO 54 0.8%
WALT DISNEY CO/THE DIS 53 0.8%
COMMONWEALTH BAN CBA 52 0.8%
PEPSICO INC PEP 51 0.8%
ICADE ICAD 50 0.8%
ORACLE CORP ORCL 49 0.8%
ROYAL BANK OF CANADA RY 48 0.7%
TOTAL SA FP 48 0.7%
ERICSSON LM-B SHS ERICB 44 0.7%
TELIA CO AB TELIA 42 0.6%
INTACT FINANCIAL CORP IFC 42 0.6%
VIACOM INC-CLASS B VIAB 40 0.6%
INTL BUSINESS MACHINES CO IBM 40 0.6%
MEDTRONIC PLC MDT 38 0.6%
GENERAL MILLS INC GIS 35 0.5%
ABBOTT LABORATORIES ABT 35 0.5%
LEGRAND SA LR 34 0.5%
TORONTO-DOMINION BANK TD 33 0.5%
SIEMENS AG SIE 33 0.5%
GLAXOSMITHKLINE PLC GSK 32 0.5%
SANOFI SAN 31 0.5%
ALLIANZ SE-REG ALV 30 0.5%
ELI LILLY & CO LLY 30 0.5%
ACCENTURE PLC. ACN 30 0.5%
ASTRAZENECA PLC AZN 30 0.5%
SALESFORCE.COM INC CRM 30 0.5%
DNB ASA DNB 30 0.5%
TELEFONICA DEUTSCHLAND HO O2D 29 0.5%
UNILEVER NV-CVA UNA 29 0.4%
DIAGEO PLC DGE 29 0.4%
BANCO SANTANDER SA SAN 28 0.4%
CNP ASSURANCES CNP 28 0.4%
US BANCORP USB 27 0.4%
SEMPRA ENERGY SRE 26 0.4%
INGREDION INC INGR 26 0.4%
CONOCOPHILLIPS COP 25 0.4%
ASML HOLDING NV ASML 25 0.4%
UNITED PARCEL SERVICE-CL UPS 25 0.4%
TELE2 AB-B SHS TEL2B 24 0.4%
STARBUCKS SBUX 23 0.4%
BNP PARIBAS BNP 23 0.4%
BIOGEN INC BIIB 23 0.3%
UNILEVER PLC ULVR 22 0.3%
PNC FINANCIAL SERVICES GR PNC 21 0.3%
BECTON DICKINSON AND CO BDX 21 0.3%
AETNA INC AET 21 0.3%
CSL LTD CSL 21 0.3%
CVS HEALTH CORP CVS 21 0.3%
MACQUARIE GROUP LTD MQG 21 0.3%
MONDELEZ INTERNATIONAL IN MDLZ 20 0.3%
VODAFONE GROUP PLC VOD 20 0.3%
BANK OF NOVA SCOTIA BNS 20 0.3%
NEWMONT MINING CORP NEM 20 0.3%
CSX CORPORATION CSX 20 0.3%
AUST AND NZ BANKING GROUP ANZ 19 0.3%
HARTFORD FINANCIAL SVCS G HIG 19 0.3%
OCCIDENTAL PETROLEUM CORP OXY 19 0.3%
L'OREAL OR 19 0.3%
WALGREENS BOOTS ALLIANCE WBA 19 0.3%
TJX COMPANIES INC TJX 19 0.3%
UBS GROUP AG-REG UBSG 19 0.3%
COLGATE-PALMOLIVE CO CL 18 0.3%
NATL.AUSTRALIA NAB 17 0.3%
DEUTSCHE TELEKOM AG-REG DTE 17 0.3%
STRYKER CORP SYK 17 0.3%
INVESTOR AB-B SHS INVEB 17 0.3%
AMP LTD AMP 17 0.3%
AIR LIQUIDE SA AI 17 0.3%
PHILLIPS 66 PSX 16 0.3%
SHIRE PLC SHP 16 0.2%
SODEXO SA SW 16 0.2%
S&P GLOBAL INC SPGI 16 0.2%
BANK OF MONTREAL BMO 16 0.2%
VALERO ENERGY CORPORATION VLO 16 0.2%
AXA SA CS 15 0.2%
GJENSIDIGE FORSIKRING ASA GJF 15 0.2%
DANONE BN 15 0.2%
NORSK HYDRO ASA NHY 15 0.2%
ZURICH INSURANCE GROUP AG ZURN 15 0.2%
DOMINION ENERGY INC D 14 0.2%
SCHNEIDER ELECTRIC SE SU 14 0.2%
VERTEX PHARMACEUTICALS IN VRTX 14 0.2%
EASYJET PLC EZJ 13 0.2%
METLIFE INC MET 13 0.2%
KON PHILIPS ELECTRON PHIA 13 0.2%
KIMBERLY-CLARK CORP KMB 13 0.2%
HENNES & MAURITZ AB-B SHS HMB 13 0.2%
TRANSCANADA CORP TRP 12 0.2%
CAN IMPERIAL BK OF COMMER CM 12 0.2%
NATIONAL BANK OF CANADA NA 12 0.2%
AON PLC AON 12 0.2%
HP INC HPQ 12 0.2%
MIRVAC GROUP MGR 12 0.2%
NATIONAL GRID PLC NG/ 11 0.2%
TRAVELERS COS INC/THE TRV 11 0.2%
MANULIFE FINANCIAL CORP MFC 11 0.2%
AMERICAN ELECTRIC POWER AEP 11 0.2%
DBS GROUP HOLDINGS LTD DBS 11 0.2%
ALLSTATE CORP ALL 11 0.2%
ORANGE ORA 11 0.2%
PROGRESSIVE CORP PGR 11 0.2%
SOCIETE GENERALE SA GLE 11 0.2%
DEUTSCHE POST AG DPW 11 0.2%
MUENCHENER RUECKVER AG-RE MUV2 10 0.2%
BAYERISCHE MOTOREN WERKE BMW 10 0.2%
NORDEA BANK AB NDA 10 0.2%
ESSILOR INTL SA EI 9 0.1%
STANDARD CHARTERED PLC STAN 9 0.1%
MOODY'S CORP MCO 9 0.1%
ENGIE ENGI 9 0.1%
EQUINOR ASA EQNR 9 0.1%
WOOLWORTGRP LTD WOW 9 0.1%
DEUTSCHE BANK AG-REGISTER DBK 9 0.1%
BEST BUY CO INC BBY 9 0.1%
TESCO PLC TSCO 9 0.1%
MCKESSON CORP MCK 8 0.1%
VOLVO AB-B SHS VOLVB 8 0.1%
DOLLAR GENERAL CORP DG 8 0.1%
DISCOVER FINANCIAL SERVIC DFS 8 0.1%
ROYAL MAIL PLC RMG 8 0.1%
HEINEKEN NV HEIA 8 0.1%
AUTODESK INC ADSK 8 0.1%
WEYERHAEUSER CO WY 8 0.1%
KROGER CO KR 8 0.1%
DEUTSCHE BOERSE AG DB1 8 0.1%
SUN LIFE FINANCIAL INC SLF 8 0.1%
CONSOLIDATED EDISON INC ED 8 0.1%
HEWLETT PACKARD ENTERPRIS HPE 8 0.1%
AKZO NOBEL AKZA 7 0.1%
LINK REIT 823 7 0.1%
HENKEL AG & CO KGAA VORZU HEN3 7 0.1%
AMERIPRISE FINANCIAL INC AMP 7 0.1%
COMPAGNIE DE SAINT GOBAIN SGO 7 0.1%
SYNCHRONY FINANCIAL SYF 7 0.1%
ISHARES S&P 500 INDEX IVV 7 0.1%
STANLEY BLACK & DECKER IN SWK 7 0.1%
SAMPO OYJ-A SHS SAMPO 7 0.1%
EDISON INTERNATIONAL EIX 7 0.1%
UNIBAIL GROUP STAPLED URW 7 0.1%
CUMMINS INC CMI 7 0.1%
ASSICURAZIONI GENERALI G 7 0.1%
MICHELIN (CGDE) ML 7 0.1%
TWITTER INC TWTR 7 0.1%
HANG SENG BANK LTD 11 7 0.1%
WEC ENERGY GROUP INC WEC 6 0.1%
WILLIS TOWERS WATSON PLC WLTW 6 0.1%
IDEXX LABORATORIES INC IDXX 6 0.1%
CAPGEMINI SE CAP 6 0.1%
LEGAL & GENERAL GROUP PLC LGEN 6 0.1%
CK ASSET HOLDINGS LTD 1113 6 0.1%
SANDVIK AB SAND 6 0.1%
CITIZENS FINANCIAL GROUP CFG 6 0.1%
TRANSURBAN GROUP TCL 6 0.1%
DASSAULT SYSTEMES SA DSY 6 0.1%
SVENSKA HANDELSBANKEN-A S SHBA 6 0.1%
ATLAS COPCO AB-A SHS ATCOA 6 0.1%
KONINKLIJKE DSM NV DSM 6 0.1%
UPM-KYMMENE OYJ UPM 6 0.1%
HERMES INTERNATIONAL RMS 6 0.1%
KONE OYJ-B KNEBV 6 0.1%
CLOROX COMPANY CLX 6 0.1%
TIFFANY & CO TIF 5 0.1%
RENAULT SA RNO 5 0.1%
TYSON FOODS INC-CL A TSN 5 0.1%
CARDINAL HEALTH INC CAH 5 0.1%
SCENTRE GROUP SCG 5 0.1%
FIRST REPUBLIC BANK/CA FRC 5 0.1%
SKANDINAVISKA ENSKILDA BA SEBA 5 0.1%
CAIXABANK S.A CABK 5 0.1%
OMNICOM GROUP OMC 5 0.1%
HEXAGON AB-B SHS HEXAB 5 0.1%
REALTY INCOME CORP O 5 0.1%
HOST HOTELS & RESORTS INC HST 5 0.1%
MSCI INC MSCI 5 0.1%
ASHTEAD GROUP PLC AHT 5 0.1%
HILTON INC HLT 5 0.1%
ESSITY AKTIEBOLAG-B ESSITYB 5 0.1%
ENTERGY CORP ETR 5 0.1%
QUEST DIAGNOSTICS INC DGX 5 0.1%
HERSHEY CO/THE HSY 5 0.1%
MCCORMICK & CO-NON VTG SH MKC 5 0.1%
TELENOR ASA TEL 5 0.1%
SUNCORP GROUP LTD SUN 4 0.1%
BROWN-FORMAN CORP-CLASS B BF/B 4 0.1%
INSURANCE AUSTRALIA GROUP IAG 4 0.1%
AMERISOURCEBERGEN CORP ABC 4 0.1%
CMS ENERGY CORP CMS 4 0.1%
ATLANTIA SPA ATL 4 0.1%
VESTAS WIND SYSTEMS A/S VWS 4 0.1%
GENERAL GROWTH PROPERTIES GGP 4 0.1%
MARTIN MARIETTA MATERIALS MLM 4 0.1%
FORTIS INC FTS 4 0.1%
TAPESTRY INC TPR 4 0.1%
JM SMUCKER CO/THE SJM 4 0.1%
KOHLS CORP KSS 4 0.1%
VAIL RESORTS INC MTN 4 0.1%
ARISTOCRAT LEISURE LTD ALL 4 0.1%
CDW CORP/DE CDW 4 0.1%
LULULEMON ATHLETICA INC LULU 4 0.1%
SYMANTEC CORP SYMC 4 0.1%
INTERTEK GROUP PLC ITRK 4 0.1%
ISHARES CORE MSCI EAFE ET IEFA 4 0.1%
ENCANA CORP ECA 4 0.1%
HOLOGIC INC HOLX 4 0.1%
ARISTA NETWORKS INC ANET 4 0.1%
ALLY FINANCIAL INC ALLY 4 0.1%
NESTE OYJ NESTE 4 0.1%
AEGON NV AGN 4 0.1%
LOBLAW COMPANIES LTD L 4 0.1%
BURBERRY GROUP PLC BRBY 4 0.1%
ROYAL BANK OF SCOTLAND GR RBS 4 0.1%
PVH CORP PVH 4 0.1%
BRAMBLES LTD BXB 4 0.1%
VALEO SA FR 4 0.1%
NEXT PLC NXT 4 0.1%
ORSTED A/S ORSTED 4 0.1%
HASBRO INC HAS 3 0.1%
HENKEL KGAA HEN 3 0.1%
DAVITA INC DVA 3 0.1%
INTERCONTINENTAL HOTELS G IHG 3 0.1%
VARIAN MEDICAL SYSTEMS IN VAR 3 0.1%
INTL FLAVORS & FRAGRANCES IFF 3 0.1%
OLD MUTUAL LTD OMU LN 3 0.1%
AVERY DENNISON CORP AVY 3 0.1%
HEINEKEN HOLDING NV - A HEIO 3 0.1%
UCB SA UCB 3 0.1%
GOLDCORP INC G 3 0.1%
FORTUM OYJ FORTUM 3 0.1%
AGL ENERGY LTD AGL 3 0.1%
CARREFOUR SA CA 3 0.1%
DUKE REALTY CORP DRE 3 0.0%
ATLAS COPCO AB - B SHS ATCOB 3 0.0%
UDR INC UDR 3 0.0%
GENMAB A/S GEN 3 0.0%
LEIDOS HOLDINGS INC LDOS 3 0.0%
FEDERAL REALTY INVS TRUST FRT 3 0.0%
ALLIANT ENERGY CORP LNT 3 0.0%
SOLVAY SA SOLB 3 0.0%
SNAM SPA SRG 3 0.0%
IMPERIAL OIL LTD IMO 3 0.0%
WHITBREAD PLC WTB 3 0.0%
PUBLICIS GROUPE PUB 3 0.0%
ACCOR SA AC 3 0.0%
EAST WEST BANCORP INC EWBC 3 0.0%
REINSURANCE GRP RGA 3 0.0%
TUI AG-DI TUI 3 0.0%
KINGFISHER PLC KGF 3 0.0%
ASX LTD ASX 3 0.0%
BOUYGUES SA EN 3 0.0%
IRON MOUNTAIN INC IRM 3 0.0%
RED ELECTRICA CORPORACION REE 3 0.0%
STORA ENSO OYJ-R SHS STERV 3 0.0%
VOYA FINANCIAL INC VOYA 3 0.0%
LAND SECURITIES GROUP PLC LAND 3 0.0%
INTERPUBLIC GROUP OF COS IPG 3 0.0%
MARINE HARVEST MHG 3 0.0%
BANK LEUMI LE-ISRAEL LUMI 3 0.0%
SOUTHWEST AIRLINES CO LUV 3 0.0%
EDENRED EDEN 3 0.0%
TELSTRA CORPORATION LTD TLS 3 0.0%
UNUM GROUP UNM 3 0.0%
JONES LANG LASALLE INC JLL 3 0.0%
GROUPE BRUXELLES GBLB 3 0.0%
BRITISH LAND CO PLC BLND 3 0.0%
MTR CORP 66 3 0.0%
CIT GROUP INC CIT 3 0.0%
KLEPIERRE LI 3 0.0%
BOLIDEN AB BOL 3 0.0%
ALFA LAVAL AB ALFA 3 0.0%
YARA INTERNATIONAL ASA YAR 2 0.0%
METRO INC MRU 2 0.0%
GECINA SA GFC 2 0.0%
CAMPBELL SOUP CO CPB 2 0.0%
RANDSTAD NA RAND 2 0.0%
DEXUS DXS 2 0.0%
TAYLOR WIMPEY PLC TW/ 2 0.0%
SAPUTO INC SAP 2 0.0%
DEUTSCHE LUFTHANSA-REG LHA 2 0.0%
EXOR NV EXO 2 0.0%
NORDSTROM INC JWN 2 0.0%
ALKERMES PLC ALKS 2 0.0%
ALSTOM ALO 2 0.0%
GAP INC/THE GPS 2 0.0%
AURIZON HOLDINGS LTD. AZJ 2 0.0%
BARRATT DEVELOPMENTS PLC BDEV 2 0.0%
GPT GROUP GPT 2 0.0%
ZAYO GROUP HOLDINGS INC ZAYO 2 0.0%
ORKLA ASA ORK 2 0.0%
TABCORP HOLDINGS LTD TAH 2 0.0%
MANPOWERGROUP INC MAN 2 0.0%
MARKS & SPENCER GROUP PLC MKS 2 0.0%
VICINITY CENTRES VCX 2 0.0%
BANKINTER SA BKT 2 0.0%
ADP ADP 2 0.0%
SKANSKA AB-B SHS SKAB 2 0.0%
UNITED UTILITIES GROUP PL UU/ 2 0.0%
MEDIBANK PRIVATE LTD MPL 2 0.0%
GETLINK GET 2 0.0%
ELISA OYJ ELISA 2 0.0%
UNITED THERAPEUTICS CORP UTHR 2 0.0%
SEVERN TRENT PLC SVT 2 0.0%
INNOGY SE IGY 2 0.0%
LUNDIN PETROLEUM AB LUPE 2 0.0%
CALTEX AUSTRALIA LTD CTX 2 0.0%
EVONIK INDUSTRIES AG EVK 2 0.0%
SYDNEY AIRPORT SYD 2 0.0%
SECURITAS AB-B SHS SECUB 2 0.0%
BORAL LTD BLD 2 0.0%
WEIR GROUP PLC/THE WEIR 2 0.0%
METHANEX CORP MX 2 0.0%
H&R BLOCK INC HRB 2 0.0%
XEROX CORP XRX 2 0.0%
AUTO TRADER GROUP PLC AUTO 2 0.0%
EMS-CHEMIE HOLDING AG-REG EMSN 2 0.0%
SEEK LTD SEK 2 0.0%
ADMIRAL GROUP PLC ADM 2 0.0%
SUEZ SEV 2 0.0%
NOKIAN RENKAAT OYJ NRE1V 2 0.0%
FORTESCUE METALS GROUP LT FMG 2 0.0%
WESTON (GEORGE) LTD WN 2 0.0%
POSTE ITALIANE SPA PST 2 0.0%
INGENICO GROUP ING 2 0.0%
SPARK NEW ZEALAND LTD SPK 1 0.0%
REXEL SA RXL 1 0.0%
KINROSS GOLD CORP K 1 0.0%
BAYERISCHE MOTOREN WERKE- BMW3 1 0.0%
INDUSTRIAL ALLIANCE INSUR IAG 1 0.0%
WENDEL MF 1 0.0%
AUCKLAND INTL AIRPORT LTD AIA 1 0.0%
CAMECO CORP CCO 1 0.0%
BENDIGO AND ADELAIDE BANK BEN 1 0.0%
COCA-COLA AMATIL LTD CCL 1 0.0%
ILIAD SA ILD 1 0.0%
PRAIRIESKY ROYALTY LTD PSK 1 0.0%
FRUTAROM FRUT 1 0.0%
PROXIMUS PROX 1 0.0%
MERLIN ENTERTAINMENT MERL 1 0.0%
EMPIRE CO LTD 'A' EMP/A 1 0.0%
INDUSTRIVARDEN AB-C SHS INDUC 1 0.0%
ORION OYJ-CLASS B ORNBV 1 0.0%
COVIVIO COV 1 0.0%
SINGAPORE PRESS HOLDINGS SPH 1 0.0%
SUNTEC REIT SUN 1 0.0%
QUILTER PLC QLT 1 0.0%
RYMAN HEALTHCARE LTD RYM 1 0.0%
BANK OF QUEENSLAND LTD BOQ 1 0.0%
HUSQVARNA AB-B SHS HUSQB 1 0.0%
REA GROUP LTD REA 1 0.0%
EURAZEO SA RF 1 0.0%
CAPITALAND COMMERCIAL TRU CCT 1 0.0%
REMY COINTREAU RCO 1 0.0%
SCHIBSTED ASA-B SHS SCHB 1 0.0%
SOCIETE BIC SA BB 1 0.0%
HEALTHSCOPE LTD HSO 1 0.0%
SIEMENS GAMESA RENEWABLE SGRE 1 0.0%
MERIDIAN ENER-PARTLY PAID MEL 1 0.0%
MIZRAHI TEFAHOT BANK LTD MZTF 1 0.0%
ICA GRUPPEN AB ICA 1 0.0%
TELENET GROUP HOLDING NV TNET 1 0.0%
ATCO LTD -CLASS I ACO/X 1 0.0%
AUSNET SERVICES AST 1 0.0%
AZRIELI GROUP LTD AZRG 1 0.0%
EMERA INC EMA 1 0.0%
MICRO FOCUS INTERNATIONAL MCRO 0 0.0%
IPSEN IPN 0 0.0%
Cash, Cash Equivalents & Other 10 0.2%
Total Net Assets -- 6,476 100.0%

Asset Allocation (%) Help Holdings by region and sector

As of September 30, 2018
  • Regional Allocation
      United States
    63.8%
      France
    8.1%
      Sweden
    5.0%
      Canada
    4.7%
      United Kingdom
    3.8%
      Australia
    3.1%
      Netherlands
    3.1%
      Germany
    2.3%
      Singapore
    1.0%
      Other
    4.3%
      Cash & Equivalents
    0.8%
  • Sector Allocation
      Financials 20.8%
      Information Technology 20.6%
      Consumer Discretionary 15.3%
      Consumer Staples 12.7%
      Health Care 8.8%
      Industrials 6.5%
      Utilities 6.2%
      Telecommunication Serv. 2.9%
      Energy 2.7%
      Materials 1.4%
      Real Estate 1.3%
      Cash & Equivalents 0.8%

Investment Teams

Pax World Management LLC

Pax World Management LLC was founded in 1971 by Luther Tyson and Jack Corbett under the belief that it was possible for investors to align their investments with their values.

Commissions, trailing commissions, management fees, brokerage fees and expenses may be associated with investment 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 does not take into account sales, redemption, distribution, or optional charges or income taxes payable by any security holder that would have reduced returns. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated.

Index performance does not include the impact of fees, commissions, and expenses that would be payable by investors in the investment products that seek to track an index.

The rate of return is used only to illustrate the effects of the compound growth rate and is not intended to reflect future values of the investment fund or asset allocation service or returns on investment in the investment fund or from the use of the asset allocation service.

* The MSCI World Index is a free float adjusted, market capitalization weighted index that is designed to measure the equity market performance of developed markets. It consists of 24 developed market country indices.

Inception date is the date when the ETF is listed.

The Fund’s net asset value or “NAV” is determined by calculating the aggregate of the value of the Fund’s assets less its liabilities on a particular date.

The Fund’s market price is determined by using the midpoint between the highest bid and the lowest offer on the primary stock exchange on which units of the Fund are listed for trading at market close.

The NAV return is based on the NAV of the Fund per unit and the market return is based on the market price of the Fund per unit.