Fund Portfolio – Mackenzie Maximum Diversification Developed Europe Index ETF | Mackenzie Investments
MEU

Mackenzie Maximum Diversification Developed Europe Index ETF

NAV:

(18/01/2019)
C$21.27

MARKET PRICE:

(18/01/2019)
C$21.36
Asset Class: Regional Equity

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Major Holdings (%) Help Top holdings by percentage

As of January 17, 2019
Major holdings represent 14.2% of the fund.
View all holdings
Total # of
Equity Holdings
387
Holding name, country and sector Percentage of holding in fund
NESTE OYJ (NESTE)
1.7%
ROCHE HOLDING AG-GENUSSCH (ROG)
1.5%
KERRY GROUP (KYG)
1.5%
PEARSON PLC (PSON)
1.5%
NESTLE SA-REG (NESN)
1.5%
SES (SESG)
1.4%
NOVARTIS AG-REG (NOVN)
1.3%
NOVO NORDISK A/S-B (NOVOB)
1.3%
CHOCOLADEFABRIKEN LINDT-P (LISP)
1.3%
AMARIN CORP PLC -ADR (AMRN)
1.2%

Complete Fund Holdings Help Full holdings list

As of January 17, 2019
Holding Name Ticker Market Value CAD (000s) % of NAV
NESTE OYJ NESTE 990 1.7%
ROCHE HOLDING AG-GENUSSCH ROG 895 1.5%
KERRY GROUP KYG 891 1.5%
PEARSON PLC PSON 880 1.5%
NESTLE SA-REG NESN 864 1.5%
SES SESG 822 1.4%
NOVARTIS AG-REG NOVN 792 1.3%
NOVO NORDISK A/S-B NOVOB 762 1.3%
CHOCOLADEFABRIKEN LINDT-P LISP 739 1.3%
AMARIN CORP PLC -ADR AMRN 717 1.2%
MOWI ASA MOWI 699 1.2%
GLAXOSMITHKLINE PLC GSK 676 1.1%
MICRO FOCUS INTERNATIONAL MCRO 665 1.1%
UCB SA UCB 648 1.1%
KONINKLIJKE AHOLD NV AD 644 1.1%
ASTRAZENECA PLC AZN 642 1.1%
VESTAS WIND SYSTEMS A/S VWS 637 1.1%
GENMAB A/S GEN 634 1.1%
COLRUYT SA COLR 605 1.0%
PANDORA A/S PNDORA 584 1.0%
CARREFOUR SA CA 551 0.9%
TESCO PLC TSCO 533 0.9%
GLANBIA PLC GLB 524 0.9%
PADDY POWER BETFAIR PLC PPB 519 0.9%
GW PHARMACEUTICALS PLC GWPH 510 0.9%
UNILEVER NV-CVA UNA 490 0.8%
HENNES & MAURITZ AB-B SHS HMB 481 0.8%
AIB GROUP PLC AIBG 476 0.8%
EUTELSAT COMMUNICATIONS ETL 476 0.8%
DEUTSCHE WOHNEN AG-BR DWNI 471 0.8%
SANOFI SAN 467 0.8%
HAMMERSON PLC HMSO 467 0.8%
COBHAM PLC COB 466 0.8%
ORION OYJ-CLASS B ORNBV 464 0.8%
DIAGEO PLC DGE 456 0.8%
AMBU A/S-B AMBUB 447 0.8%
AIR FRANCE-KLM AF 442 0.8%
INGENICO GROUP ING 435 0.7%
ILIAD SA ILD 434 0.7%
"KESKO OYJ, CLASS" KESKOB 430 0.7%
ROYAL MAIL PLC RMG 430 0.7%
IG GROUP HOLDINGS PLC IGG 423 0.7%
METRO AG B4B 415 0.7%
TATE & LYLE PLC TATE 412 0.7%
ANGLO AMERICAN PLC AAL 408 0.7%
UNILEVER PLC ULVR 407 0.7%
UBI BANCA SPA UBI 401 0.7%
CONVATEC GROUP PLC CTEC 389 0.7%
OCADO GROUP PLC OCDO 386 0.7%
H LUNDBECK A/S LUN 384 0.7%
RECKITT BENCKISER GROUP P RB/ 381 0.6%
NEXT PLC NXT 367 0.6%
ANDRITZ AG ANDR 364 0.6%
IBERDROLA IBE 355 0.6%
NOVOZYMES A/S-B SHARES NZYMB 355 0.6%
CENTRICA PLC CNA 348 0.6%
ATLANTIA SPA ATL 347 0.6%
JUST EAT PLC JE/ 343 0.6%
BANKIA SA BKIA 342 0.6%
ERICSSON LM-B SHS ERICB 339 0.6%
CINEWORLD GROUP PLC CINE 338 0.6%
GETLINK GET 327 0.6%
LLOYDS BANKING GROUP PLC LLOY 320 0.5%
GLENCORE PLC GLEN 319 0.5%
ELEKTA AB EKTAB 313 0.5%
SIEMENS GAMESA RENEWABLE SGRE 302 0.5%
ANHEUSER-BUSCH INBEV SA/N ABI 301 0.5%
TELENET GROUP HOLDING NV TNET 301 0.5%
ADIDAS AG ADS 299 0.5%
BHP GROUP PLC BHP 296 0.5%
HSBC HOLDINGS PLC HSBA 294 0.5%
ALTRAN TECHNOLOGIES SA ALT 294 0.5%
DECHRA PHARMACEUTICALS PL DPH 285 0.5%
DANONE BN 272 0.5%
NATIONAL GRID PLC NG/ 261 0.4%
KINGFISHER PLC KGF 253 0.4%
UNICREDIT SPA UCG 246 0.4%
ESSILORLUXOTTICA EL 245 0.4%
RUBIS RUI 245 0.4%
INTESA SANPAOLO ISP 244 0.4%
PUMA SE PUM 235 0.4%
TAKEDA PHARMACEUTICAL CO 4502 235 0.4%
COMPASS GROUP PLC CPG 234 0.4%
NOKIA OYJ NOKIA 233 0.4%
NORSK HYDRO ASA NHY 231 0.4%
TULLOW OIL PLC TLW 230 0.4%
RPC GROUP PLC RPC 229 0.4%
JERONIMO MARTINS JMT 220 0.4%
ORANGE ORA 218 0.4%
SODEXO SA SW 215 0.4%
INDUSTRIA DE DISENO TEXTI ITX 209 0.4%
ROYAL UNIBREW RBREW 200 0.3%
SWISS RE AG SREN 196 0.3%
ANTOFAGASTA PLC ANTO 194 0.3%
AXA SA CS 193 0.3%
PERNOD RICARD SA RI 191 0.3%
PHILIPS LIGHTING NV LIGHT 190 0.3%
MUENCHENER RUECKVER AG-RE MUV2 186 0.3%
ERSTE GROUP BANK AG EBS 182 0.3%
SBM OFFSHORE NV SBMO 180 0.3%
BT GROUP PLC BT/A 180 0.3%
EVOTEC AG EVT 180 0.3%
HUGO BOSS AG -ORD BOSS 176 0.3%
VONOVIA SE VNA 175 0.3%
COLOPLAST-B COLOB 172 0.3%
BARCLAYS PLC BARC 171 0.3%
SOCIETE GENERALE SA GLE 171 0.3%
SUEZ SEV 170 0.3%
BANCO BILBAO VIZCAYA ARGE BBVA 169 0.3%
DEUTSCHE BOERSE AG DB1 166 0.3%
CIE FINANCIERE RICHEMONT- CFR 163 0.3%
E.ON SE EOAN 158 0.3%
DANSKE BANK A/S DANSKE 157 0.3%
TRAVIS PERKINS PLC TPK 150 0.3%
IPSEN IPN 147 0.2%
EQUINOR ASA EQNR 145 0.2%
ASSICURAZIONI GENERALI G 142 0.2%
KINGSPAN GROUP KSP 142 0.2%
FRESENIUS SE & CO KGAA FRE 142 0.2%
AKZO NOBEL AKZA 141 0.2%
TELEFONICA DEUTSCHLAND HO O2D 138 0.2%
GIVAUDAN-REG GIVN 138 0.2%
WIRECARD AG WDI 133 0.2%
BAYERISCHE MOTOREN WERKE BMW 132 0.2%
INMARSAT PLC ISAT 131 0.2%
MICHELIN (CGDE) ML 130 0.2%
FIAT CHRYSLER AUTOMOBILES FCA 128 0.2%
DNB ASA DNB 126 0.2%
HERMES INTERNATIONAL RMS 126 0.2%
UNITED UTILITIES GROUP PL UU/ 123 0.2%
KONE OYJ-B KNEBV 123 0.2%
DEUTSCHE BANK AG-REGISTER DBK 119 0.2%
WOLTERS KLUWER WKL 118 0.2%
NORDEA BANK AB NDA 118 0.2%
SEVERN TRENT PLC SVT 117 0.2%
DASSAULT SYSTEMES SA DSY 116 0.2%
HEINEKEN NV HEIA 115 0.2%
SIKA AG-BR SIKA 115 0.2%
JYSKE BANK-REG JYSK 114 0.2%
RED ELECTRICA CORPORACION REE 113 0.2%
TOMRA SYSTEMS ASA TOM 113 0.2%
ZURICH INSURANCE GROUP AG ZURN 113 0.2%
CONTINENTAL AG CON 113 0.2%
ENGIE ENGI 111 0.2%
VIVENDI VIV 111 0.2%
HISCOX LTD HSX 109 0.2%
OSRAM LICHT AG OSR 107 0.2%
PENNON GROUP PLC PNN 107 0.2%
ESSITY AKTIEBOLAG-B ESSITYB 106 0.2%
SALMAR ASA SALM 106 0.2%
NATURGY ENERGY GROUP SA NTGY SM 105 0.2%
SSE PLC SSE 103 0.2%
CREDIT AGRICOLE SA ACA 103 0.2%
SWEDISH ORPHAN BIOVITRUM SOBI 102 0.2%
ELIS SA ELIS 100 0.2%
ROYAL BANK OF SCOTLAND GR RBS 99 0.2%
GEBERIT AG-REG GEBN 99 0.2%
FRESENIUS MEDICAL CARE AG FME 98 0.2%
ORSTED A/S ORSTED 97 0.2%
ASSOCIATED BRITISH FOODS ABF 96 0.2%
PEUGEOT SA UG 96 0.2%
WPP PLC WPP 96 0.2%
CAIXABANK S.A CABK 95 0.2%
HOWDEN JOINERY GROUP PLC HWDN 93 0.2%
KBC GROEP NV KBC 92 0.2%
TELENOR ASA TEL 91 0.2%
MARKS & SPENCER GROUP PLC MKS 90 0.2%
L'OREAL OR 90 0.2%
SWISSCOM AG-REG SCMN 89 0.2%
BANCO BPM SPA BAMI 89 0.2%
PUBLICIS GROUPE PUB 88 0.1%
NN GROUP NV NN 87 0.1%
AP MOLLER-MAERSK A/S-B MAERSKB 87 0.1%
ABN AMRO GROUP NV-CVA ABN 86 0.1%
AENA SME SA AENA 84 0.1%
B&M EUROPEAN VALUE RETAIL BME 84 0.1%
DSV A/S DSV 84 0.1%
CARLSBERG AS-B CARLB 83 0.1%
RTL GROUP RTL 83 0.1%
DEUTSCHE LUFTHANSA-REG LHA 80 0.1%
STANDARD CHARTERED PLC STAN 78 0.1%
BANK OF IRELAND GROUP PLC BIRG 78 0.1%
TELIA CO AB TELIA 77 0.1%
VODAFONE GROUP PLC VOD 76 0.1%
BERKELEY GROUP HOLDINGS/T BKG 76 0.1%
INFORMA PLC INF 75 0.1%
BUNZL PLC BNZL 74 0.1%
ENDESA S.A. ELE 74 0.1%
INTERTEK GROUP PLC ITRK 73 0.1%
KONINKLIJKE KPN NV KPN 71 0.1%
BEIERSDORF AG BEI 70 0.1%
EDENRED EDEN 70 0.1%
SNAM SPA SRG 69 0.1%
HENKEL KGAA HEN 68 0.1%
SONOVA HOLDING AG SOON 67 0.1%
AGEAS AGS 67 0.1%
PERSIMMON PLC PSN 67 0.1%
MEDIOBANCA SPA MB 67 0.1%
BURBERRY GROUP PLC BRBY 67 0.1%
CHR HANSEN HOLDING A/S CHR 66 0.1%
TELEPERFORMANCE TEP 66 0.1%
VEOLIA ENVIRONNEMENT VIE 66 0.1%
FORTUM OYJ FORTUM 65 0.1%
AEGON NV AGN 65 0.1%
SPECTRIS PLC SXS 64 0.1%
OMV AG OMV 64 0.1%
CARNIVAL PLC CCL 63 0.1%
EDF EDF 63 0.1%
TERNA SPA TRN 61 0.1%
HEINEKEN HOLDING NV - A HEIO 60 0.1%
MERCK KGAA MRK 58 0.1%
GRIFOLS SA GRF 57 0.1%
ACCOR SA AC 57 0.1%
GALP ENERGIA SGPS SA GALP 56 0.1%
ELISA OYJ ELISA 56 0.1%
SCOR SE SCR 55 0.1%
UMICORE UMI 55 0.1%
KLEPIERRE LI 54 0.1%
LAND SECURITIES GROUP PLC LAND 54 0.1%
SSP GROUP PLC SSPG 53 0.1%
SIMCORP A/S SIM 53 0.1%
SAINSBURY (J) PLC SBRY 53 0.1%
KUEHNE & NAGEL INTL AG-RE KNIN 53 0.1%
RWE AG RWE 52 0.1%
COMMERZBANK AG CBK 52 0.1%
SYMRISE AG SY1 52 0.1%
GECINA SA GFC 51 0.1%
YARA INTERNATIONAL ASA YAR 51 0.1%
VALEO SA FR 50 0.1%
SUNRISE COMMUNICATIONS GR SRCG 50 0.1%
RSA INSURANCE GROUP PLC RSA 49 0.1%
TAYLOR WIMPEY PLC TW/ 49 0.1%
BRENNTAG AG BNR 49 0.1%
ICA GRUPPEN AB ICA 48 0.1%
SAGE GROUP PLC/THE SGE 48 0.1%
BARRATT DEVELOPMENTS PLC BDEV 48 0.1%
LEG IMMOBILIEN AG LEG 48 0.1%
SKANSKA AB-B SHS SKAB 47 0.1%
SMURFIT KAPPA GROUP PLC SKG 47 0.1%
WM MORRISON SUPERMARKETS MRW 47 0.1%
COCA-COLA HBC AG-DI CCH 46 0.1%
UPM-KYMMENE OYJ UPM 46 0.1%
TELECOM ITALIA SPA TIT 45 0.1%
ENAGAS SA ENG 45 0.1%
BOLIDEN AB BOL 45 0.1%
AROUNDTOWN SA AT1 44 0.1%
SWISS PRIME SITE AG SPSN 44 0.1%
ADP ADP 44 0.1%
ALSTOM ALO 43 0.1%
TELECOM ITALIA-RSP TITR 43 0.1%
MONCLER SPA MONC 43 0.1%
ORKLA ASA ORK 43 0.1%
BUREAU VERITAS SA BVI 42 0.1%
BANCO DE SABADELL SA SAB 42 0.1%
ASR NEDERLAND NV ASRNL 42 0.1%
ADMIRAL GROUP PLC ADM 42 0.1%
BARRY CALLEBAUT AG-REG BARN 41 0.1%
DIRECT LINE INSURANCE GRO DLG 41 0.1%
GN STORE NORD A/S GN 40 0.1%
TELE2 AB-B SHS TEL2B 40 0.1%
AGGREKO PLC AGK 40 0.1%
VIFOR PHARMA AG VIFN 39 0.1%
TENARIS SA TEN 39 0.1%
RIGHTMOVE PLC RMV 38 0.1%
ISS A/S ISS 38 0.1%
TECHNIPFMC LTD FTI 37 0.1%
AUTO TRADER GROUP PLC AUTO 37 0.1%
RELX PLC REL 36 0.1%
GVC HOLDINGS PLC GVC 36 0.1%
RAIFFEISEN BANK INTERNATI RBI 36 0.1%
BANKINTER SA BKT 36 0.1%
GRIFOLS SA - B GRF/P 36 0.1%
HOCHTIEF AG HOT 35 0.1%
ASML HOLDING NV ASML 33 0.1%
WOOD GROUP (JOHN) PLC WG/ 33 0.1%
GEA GROUP AG G1A 33 0.1%
BELLWAY PLC BWY 32 0.1%
FERROVIAL SA FER 32 0.1%
SCOUT24 AG G24 32 0.1%
AXEL SPRINGER SE SPR 32 0.1%
GALAPAGOS NV GLPG 32 0.1%
NOKIAN RENKAAT OYJ NRE1V 31 0.1%
CELLNEX TELECOM SAU CLNX 31 0.1%
CLARIANT AG CLN 30 0.1%
PSP SWISS PROPERTY AG-REG PSPN 30 0.1%
STORA ENSO OYJ-R SHS STERV 30 0.1%
G4S PLC GFS 29 0.0%
DUFRY AG-REG DUFN 29 0.0%
SEB SA SK 29 0.0%
BAYERISCHE MOTOREN WERKE- BMW3 28 0.0%
EASYJET PLC EZJ 28 0.0%
A P MOLLER - MAERSK A/S MAERSKA 28 0.0%
HENKEL AG & CO KGAA VORZU HEN3 28 0.0%
POSTE ITALIANE SPA PST 28 0.0%
FINECOBANK SPA FBK 28 0.0%
PROSIEBENSAT.1 MEDIA SE PSM 28 0.0%
HELVETIA HOLDING AG-REG HELN 27 0.0%
RENTOKIL INITIAL PLC RTO 27 0.0%
ZALANDO SE ZAL 27 0.0%
EUROFINS SCIENTIFIC ERF 27 0.0%
DAVIDE CAMPARI-MILANO SPA CPR 26 0.0%
BOLLORE SA BOL 26 0.0%
HANNOVER RUECK SE HNR1 26 0.0%
K+S AG SDF 26 0.0%
PROXIMUS PROX 26 0.0%
FISCHER (GEORG)-REG FI/N 26 0.0%
DELIVERY HERO SE DHER 26 0.0%
EMS-CHEMIE HOLDING AG-REG EMSN 25 0.0%
TAG IMMOBILIEN AG TEG 25 0.0%
CASTELLUM AB CAST 25 0.0%
CYBG PLC CYBG 24 0.0%
VOESTALPINE AG VOE 24 0.0%
KION GROUP AG KGX 24 0.0%
FABEGE AB FABG 24 0.0%
FLUGHAFEN ZUERICH AG-REG FHZN 24 0.0%
REXEL SA RXL 24 0.0%
RECORDATI SPA REC 24 0.0%
SVENSKA HANDELSBANKEN-A S SHBA 24 0.0%
HUSQVARNA AB-B SHS HUSQB 23 0.0%
HOMESERVE PLC HSV 23 0.0%
KONINKLIJKE VOPAK NV VPK 23 0.0%
WILLIAM DEMANT HOLDING WDH 23 0.0%
DASSAULT AVIATION SA AM 23 0.0%
FUCHS PETROLUB SE -PREF FPE3 23 0.0%
EURONEXT NV ENX 22 0.0%
SCHIBSTED ASA-B SHS SCHB 22 0.0%
CARL ZEISS MEDITEC AG - B AFX 22 0.0%
INCHCAPE PLC INCH 22 0.0%
COVIVIO COV 22 0.0%
EPIROC AB-A EPIA 22 0.0%
LAGARDERE SCA MMB 22 0.0%
ELECTROCOMPONENTS PLC ECM 22 0.0%
GJENSIDIGE FORSIKRING ASA GJF 21 0.0%
ENEL SPA ENEL 21 0.0%
BRITVIC PLC BVIC 21 0.0%
INTL CONSOLIDATED AIRLINE IAG 21 0.0%
BIOMERIEUX BIM 20 0.0%
TGS NOPEC GEOPHYSICAL CO TGS 20 0.0%
TRYG A/S TRYG 20 0.0%
STOREBRAND ASA STB 20 0.0%
HUHTAMAKI OYJ HUH1V 20 0.0%
HIKMA PHARMACEUTICALS PLC HIK 20 0.0%
STANDARD LIFE ABERDEEN PL SLA 19 0.0%
MAPFRE SA MAP 19 0.0%
UNIPER SE UN01 19 0.0%
FRAPORT AG FRANKFURT AIRP FRA 19 0.0%
PARTNERS GROUP HOLDING AG PGHN 19 0.0%
WIENERBERGER AG WIE 19 0.0%
REMY COINTREAU RCO 18 0.0%
VICTREX PLC VCT 18 0.0%
ORPEA ORP 18 0.0%
CNP ASSURANCES CNP 18 0.0%
FREENET AG FNTN 18 0.0%
DORMAKABA HOLDING AG DOKA 17 0.0%
VAT GROUP AG VACN 17 0.0%
SARTORIUS STEDIM BIOTECH DIM 17 0.0%
GRENKE AG GLJ 16 0.0%
CAPITAL & COUNTIES PROPER CAPC 16 0.0%
SAAB AB-B SAABB 15 0.0%
SEGRO PLC SGRO 15 0.0%
ELECTROLUX AB-SER B ELUXB 14 0.0%
ITV PLC ITV 14 0.0%
SWATCH GROUP AG/THE-BR UHR 14 0.0%
IBERDROLA SA RIGHTS 8 0.0%
TUI AG-DI TUI 8 0.0%
AKER BP ASA AKERBP 7 0.0%
NOVO-NORDISK A/S-SPONS AD NVO 3 0.0%
ANHEUSER-BUSCH INBEV-SPN BUD 1 0.0%
VOLKSWAGEN AG-PREF VOW3 1 0.0%
DNB ASA-SPONSOR ADR DNHBY 1 0.0%
ORANGE-SPON ADR ORAN 0 0.0%
INNOGY SE IGY 0 0.0%
SGS HOLDING SGSN 0 0.0%
MARINE HARVEST ASA- SPON MHGVY 0 0.0%
COVESTRO AG 1COV 0 0.0%
ICADE ICAD 0 0.0%
KERING KER 0 0.0%
CARLSBERG AS-B-SPON ADR CABGY 0 0.0%
BAYER AG-REG BAYN 0 0.0%
VINCI SA DG 0 0.0%
SILTRONIC AG WAF 0 0.0%
STATOIL ASA-SPON ADR EQNR 0 0.0%
SODEXO-SPONSORED ADR SDXAY 0 0.0%
TDC AS TDC 0 0.0%
VOLKSWAGEN AG VOW 0 0.0%
CHR HANSEN HOLDING -SPON CHYHY 0 0.0%
DCC PLC DCC 0 0.0%
Cash, Cash Equivalents & Other 416 0.7%
Total Net Assets -- 58,967 100.0%

Asset Allocation (%) Help Holdings by region and sector

As of December 31, 2018
  • Regional Allocation
      United Kingdom
    27.8%
      France
    13.0%
      Denmark
    8.9%
      Switzerland
    8.8%
      Germany
    7.6%
      Ireland
    4.7%
      Finland
    4.0%
      Spain
    3.7%
      Belgium
    3.6%
      Other
    17.5%
      Cash & Equivalents
    0.4%
  • Sector Allocation
      Consumer Staples 19.6%
      Health Care 18.6%
      Financials 11.7%
      Consumer Discretionary 10.4%
      Industrials 10.2%
      Communication Services 9.5%
      Materials 5.1%
      Utilities 4.8%
      Information Technology 4.1%
      Energy 3.0%
      Real Estate 2.6%
      Cash & Equivalents 0.4%

Index Provider

TOBAM

Mackenzie Maximum Diversification Index ETFs are based on TOBAM Maximum Diversification Index Series created by TOBAM S.A.S.

TOBAM is a Paris-based index provider and institutional asset manager with AUM of US$8B (31/12/15).

TOBAM Maximum Diversification Developed Europe Index data © 2017, TOBAM S.A.S. All rights reserved. “TOBAM” and “Diversification Ratio” are registered trademarks and service marks of TOBAM S.A.S. or its affiliates (“TOBAM”) and are used under license for certain purposes by Mackenzie Financial Corporation. Reproduction of the TOBAM data and information in any form is prohibited except with the prior written permission of TOBAM S.A.S. Mackenzie Maximum Diversification ETFs are not sponsored, endorsed, sold or promoted by TOBAM and TOBAM makes no representation regarding the advisability of investing in such fund. TOBAM does not guarantee the accuracy or completeness of any data and information and is not responsible for any error or omission or for the results obtained from the use of such data and information. TOBAM GIVES NO EXPRESS OR IMPLIED WARRANTY, INCLUDING, ANY WARRANTY OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE.

Solactive AG is the third-party calculation agent of the TOBAM Maximum Diversification Developed Europe Index and received compensation in that capacity. Solactive AG does not sponsor, endorse, sell, or promote any investment vehicle that is offered by any third party that seeks to provide an investment return based on the performance of any index. It is not possible to invest directly in an index.

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 TOBAM Maximum Diversification Developed Europe Index is designed to measure the performance of large and mid-capitalization equity securities of developed European markets selected and weighted in order to enhance diversification. Returns shown are in Canadian currency. Index inception date: November 17, 2011.

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.