QV CANADIAN BALANCED FUND

ANNUALIZED TOTAL GROSS RETURNS AS OF MARCH 31, 2018

Inception Date: January 01, 1997

Pooled Fund 3 Mos 6 Mos YTD 1 Yr 3 yr 5 yr 10 yr 15 yr 20 yr Inception
QV Cdn Balanced Fund -3.0 -0.3 -3.0 -1.0 2.6 5.8 6.7 7.9 7.5 7.9

The QV Canadian Balanced Pooled Fund holds no non-Canadian securities. The portfolio is not identical to the benchmark.The benchmark is not managed.

Gross performance is before all investment advisory and management fees, including custody, legal and audit.

The performance is historical and is not representative of future performance. The performance is a total return including both income and capital gains or losses.