About this presentation

This document/video is not intended to provide legal, accounting, tax or specific investment advice. Information contained in this document was obtained from sources believed to be reliable; however, EdgePoint Investment Group Inc. does not assume any responsibility for losses, whether direct, special or consequential, that arise out of the use of this information.

Annualized returns for Cymbria

Annualized returns for EdgePoint Wealth Management Prospectus Funds

Annualized returns for EdgePoint Opportunistic Credit Portfolio

Companies mentioned in this video

Information on any companies mentioned in this video is solely to illustrate the application of the EdgePoint investment approach and not intended as investment advice. These securities are not representative of the entire portfolio, nor is it a guarantee of future performance. EdgePoint Investment Group Inc. may be buying or selling positions in the companies' securities.

Forward-looking statements

This presentation may contain forward-looking statements including strategy, expected performance and condition. Forward-looking statements include statements that are predictive in nature, that depend upon or refer to future events or conditions, or that include words such as “expects”, “anticipates”, “intends”, “plans”, “believes”, “estimates” or negative versions thereof and similar expressions.

In addition, any statement that may be made concerning future performance, strategies or prospects, and possible future action, is also a forward-looking statement. Forward-looking statements are based on current expectations and projections about future events and are inherently subject to, among other things, risks, uncertainties and assumptions about economic factors.

Forward-looking statements are not guarantees of future performance, and actual events and results could differ materially from those expressed or implied in any forward-looking statements made by EdgePoint. Any number of important factors could contribute to these digressions, including, but not limited to, general economic, political and market factors, interest and foreign exchange rates, global equity and capital markets, business competition, technological change, changes in government regulations, unexpected judicial or regulatory proceedings, and catastrophic events.

We stress that the above-mentioned list of important factors is not exhaustive. We encourage you to consider these and other factors carefully before making any investment decisions and we urge you to avoid placing undue reliance on forward-looking statements. Further, you should be aware of the fact that we have no specific intention of updating any forward-looking statements whether as a result of new information, future events or otherwise, prior to the release of the next Management Report on Fund Performance.

Endnotes

1. Source: CIBC Mellon. Morningstar Direct. Annualized total returns as at March 31, 2024. In C$. Cymbria is a taxable Canadian corporation, so the NAV shown is net of current income taxes. The NAV doesn’t include potential future taxes associated with unrealized capital gains.

2. Source: CIBC Mellon. Morningstar Direct. Annualized total returns as at March 31, 2024. In C$. Cymbria is a taxable Canadian corporation, so the NAV shown is net of current income taxes. The NAV doesn’t include potential future taxes associated with unrealized capital gains.

3. Source, Cymbria returns: Fundata Canada Inc. Source, MSCI World index returns: Morningstar Direct. As at March 31, 2024. Returns in C$. Since inception date Nov 3, 2008. Returns from investment selection calculated on time-weighted basis and excludes the value of Cymbria's stake in EdgePoint and dividends received from EdgePoint and including normal-course issue bid (NCIB) and Liquidity Realization Opportunity (LRO) proceeds. An NCIB is when a company repurchases its own stock from the public in order to cancel it. An LRO is an agreement to buy shares from a willing seller at an agreed upon price when Cymbria shares trade at a discount to net asset value.

The following applies to information on EdgePoint Wealth Management Inc.

Mutual funds are not guaranteed, their values change frequently, and past performance may not be repeated. This is not an offer to purchase. Mutual funds can only be purchased through a registered dealer and are available only in those jurisdictions where they may be lawfully offered for sale.

These are the benchmark indexes we’ve chosen for our portfolios:

EdgePoint Global Portfolio: The MSCI World Index is a market-capitalization-weighted index comprising equity securities available in developed markets globally. The index was chosen as it’s a widely used benchmark of the Global equity market.

EdgePoint Canadian Portfolio: The S&P/TSX Composite Index is a market-capitalization-weighted index comprising the largest and most widely held stocks traded on the Toronto Stock Exchange. The index was chosen as it’s a widely used benchmark of the Canadian equity market.

EdgePoint Global Growth & Income Portfolio: 60% MSCI World Index / 40% ICE BofA Canada Broad Market Index. The MSCI World Index is a market-capitalization-weighted index comprising equity securities available in developed markets globally. The ICE BofA Canada Broad Market Index tracks the performance of publicly traded investment grade debt denominated in Canadian dollars and issued in the Canadian domestic market. The blended benchmark was chosen because the former is widely used for the Global equity market and the latter representative of fixed-income opportunities consistent with the Portfolio’s mandate.

EdgePoint Canadian Growth & Income Portfolio: 60% S&P/TSX Composite Index / 40% ICE BofA Canada Broad Market Index. The S&P/TSX Composite Index is a market-capitalization-weighted index comprising the largest and most widely held stocks traded on the Toronto Stock Exchange. The ICE BofA Canada Broad Market Index tracks the performance of publicly traded investment-grade debt denominated in Canadian dollars and issued in the Canadian domestic market. The blended benchmark was chosen because the former is a widely used benchmark of the Canadian equity market and the latter representative of fixed-income opportunities consistent with the Portfolio’s mandate.

EdgePoint Monthly Income Portfolio: The FTSE Canada Universe Bond Index tracks the performance of investment-grade debt denominated in Canadian dollars and issued by Canadian government and corporations. The index was chosen as it is a widely used benchmark of the Canadian fixed income market.

EdgePoint Opportunistic Credit Portfolio: The iShares US High Yield Bond Index ETF is a market-capitalization-weighted ETF that provides exposure to a broad range of U.S. high yield, non-investment grade corporate bonds. The EdgePoint Opportunistic Credit Portfolio does not have an official benchmark. The ETF was chosen for comparison because it is representative of high yield corporate bonds consistent with the Portfolio’s mandate. The ETF is shown rather than the index it tracks because it is an investible product available to investors. The ETF returns are net of fees and based on market prices. As at April 30, 2024 the management expense ratio for the ETF is: 0.56%. ETFs are subject to tracking error relative to the underlying indexes they seek to track, this may cause performance to deviate from the underlying index.

Why our performance may not be similar to their benchmarks: We manage our Portfolios independently of the indexes we use as long-term performance comparisons. Differences including security holdings and geographic/sector allocations may impact comparability and could result in periods when our performance differs materially from the index. Additional factors such as credit quality, issuer type and yield may impact fixed-income comparability.

Note: The indexes are not investible.

Endnotes

4. Source, EdgePoint returns: Fundata Canada Inc. Source, benchmark returns: Bloomberg LP. Annualized total returns in C$. *EdgePoint Series F and the benchmark returns are since November 2, 2021. Source, fees: Morningstar Direct. Category average MERs of actively managed, fee-based series funds excluding institutional series in the following categories: Canadian Fixed Income and Global Fixed Income. For funds that have not reported 2022 MERs by March 15, 2024, the 2022 MER was used. EdgePoint Portfolio MERs as at December 31, 2023. Series F is available to investors in fee-based/advisory fee arrangement and excludes trailing commissions.Duration is a measure of a debt instrument’s price sensitivity to a change in interest rates. The higher the duration, the more sensitive a bond’s price is to changes in interest rates. Yield-to-maturity is the total return anticipated on a bond if it’s held until it matures and coupon payments are reinvested at the yield-to-maturity. Yield-to-maturity is expressed as an annual rate of return.The FTSE Canada Universe Bond Index tracks the performance of investment-grade debt denominated in Canadian dollars and issued by Canadian government and corporations. The index is not investible. We manage our Portfolios independently of the indexes we use as long-term performance comparisons. Differences including security holdings and geographic/ sector allocations may impact comparability and could result in periods when our performance differs materially from the index. Additional factors such as credit quality, issuer type and yield may impact fixed income comparability from the index.

5. As at March 31, 2024. The 10-year Partner Program is a fee reduction applies to those partners who have been invested in an EdgePoint Portfolio for 10 or more consecutive years and are currently invested in a qualifying series. The fee reduction is offered at least annually as a rebate in the form of a management fee distribution (“rebate”) reinvested in additional units of the Portfolio(s) held in qualifying accounts. The reduction is applied to the management fees applicable to Series A, Series A(N), Series F or Series F(N), along with their respective T4/T6 versions, net of trailer fees paid to your Dealer (if applicable), operating expenses and taxes, net of trailer fees that we pay to the account's Dealer (if applicable), operating expenses and taxes. The reduction is 10% for EdgePoint Global and Canadian Portfolios; 5% for EdgePoint Global and Canadian Growth & Income Portfolios; and 3% for EdgePoint Monthly Income Portfolio. The rebate is applied to all eligible current and future portfolio series held at the investor account level. Other accounts that may be associated with an eligible investor (e.g., spouse’s account, holding company account, etc.) will not be eligible for the rebate unless those accounts separately meet the tenure requirement. The rebate is not negotiable and is paid at EdgePoint’s discretion. The program may be revised or terminated at any time.

Important information - Quartile/percentile definitions

Note: Use of the term “percentile” includes quartile information.

Source, percentiles: Morningstar Direct. Percentile rankings are determined by Morningstar Research Inc., an independent research firm, based on categories maintained by the Canadian Investment Funds Standards Committee (CIFSC). Morningstar Research Inc. classifies EdgePoint Global Portfolio within the Global Equity peer group, EdgePoint Canadian Portfolio within the Canadian Equity peer group, EdgePoint Global Growth & Income Portfolio within Global Equity Balanced peer group and EdgePoint. The entire category is used to calculate quartile rankings. Quartile rankings are subject to change every month. Total returns, net of fees (excluding advisory fee), in C$. Series F is available to investors in a fee-based/advisory fee arrangement and doesn’t require EdgePoint to incur distribution costs in the form of trailing commissions to dealers.

The peer groups selected for EdgePoint Opportunistic Credit Portfolio and EdgePoint Go West Portfolio were done internally. Funds selected for the peer groups represent investment objectives. Both Portfolios are available via prospectus exemption to qualified investors. Please refer to their Offering Memorandums for more information.

Morningstar Inc. percentile information: Source: Morningstar Research Inc. Morningstar percentiles divide return data on a monthly basis into one hundred equal sections by fund peer group and return period. The percentile are ranked, with the top 1% being in the first percentile, the next 1% being the second percentile, etc. The quartiles are ranked, with the top 25% being in the first quartile, next 25% in the second, etc.

The Global Equity peer group consists of funds that invest in securities domiciled anywhere around the world with an average market capitalization greater than the small/mid-cap level. These funds must invest between 10% and 90% of equity holdings in Canadian or U.S. companies. Funds without strict investment restrictions and don’t qualify for other geographic categories are assigned to this category.

The Canadian Equity peer group consists of funds that predominantly invest in securities domiciled in Canada with an average market capitalization greater than the Canadian small/mid-cap level. These funds must invest at least 90% of equity holdings in Canadian.

The Global Equity Balanced peer group consists of funds that invest a maximum of 70% of total assets in a combination of securities domiciled in Canada and Canadian dollar-denominated fixed-income securities. These funds must invest at least 60% but no more than 90% of total assets in equities.

The Canadian Equity Balanced peer group consists of funds that must invest a minimum of 70% of total assets in a combination of securities domiciled in Canada and Canadian dollar-denominated fixed-income securities. These funds must invest at least 60% but no more than 90% of total assets in equities.

Important information - EdgePoint Portfolio quartiles (Prospectus funds)

As at April 30, 2024
Total returns, net of fees (excluding advisory fees), in C$

Important information
EdgePoint Portfolio 10-year return quartiles (Monthly fund counts)