$1 million invested in our Global Balanced composite in 1988 would be worth $60 million today, compared to $19 million if invested in the benchmark*.

*The value added represents the excess return over the benchmark for the Global Balanced (Canadian Bias) Composite, gross of fees from January 1, 1988 to September 30, 2026. Data is preliminary. Returns reflect the reinvestment of dividends, income and other earnings. Reclaimable withholding tax refunds are recognized when received. The benchmark is fully invested, and its returns include the reinvestment of dividends, income and other earnings. The benchmark of the Global Balanced (Canadian Bias) Composite is 5% FTSE Canada 91 Day T-Bill Total Return Index, 40% FTSE Canada Universe Bond Total Return Index, 20% S&P/TSX Composite Total Return Capped Index and 35% MSCI All Country World Total Return Net Index. The benchmark from September 1, 2007 to March 31, 2017 was 5% FTSE Canada 91 Day T-Bill Total Return Index, 40% FTSE Canada Universe Bond Total Return Index, 20% S&P/TSX Composite Total Return Capped Index and 35% MSCI World Total Return Net Index. The benchmark from January 1, 2001 to May 31, 2007 was 5% FTSE Canada 91 Day T-Bill Total Return Index, 40% FTSE Canada Universe Bond Total Return Index, 30% S&P/TSX Composite Total Return Capped Index (formerly TSE 300 Composite Total Return Capped Index) and 25% MSCI World Total Return Net Index. The benchmark since inception to March 31, 2000, was 5% FTSE Canada 91 Day T-Bill Total Return Index, 40% FTSE Canada Universe Bond Total Return Index, 35% TSE 300 Composite Total Return Index adjusted to cap the weighting of any associated group of equities at 10% of the index and 20% MSCI World Total Return Net Index. *The FTSE Canada indexes were formerly known as the FTSE TMX Canada indexes until July 2018, the DEX indexes until July 2014, and the Scotia McLeod indexes until October 2007.