NEW FUND REVIEWS

Results of New Fund Reviews

An investment fund is considered “new” from the date of its inception. Once the fund has registered with at least one of the data provider firms on the CIFSC, the fund is brought to the Committee’s monthly meeting for placement into the most appropriate category. The committee will estimate the most appropriate category based on the fund’s stated intentions (as described in the fund’s investment objective and strategy).

2013

Dec

Results of New Fund Reviews – Dec 19, 2013

Fund: American Core Sectors Dividend Fund
Category Placement: U.S. Equity

Fund: BMO Insurance Canadian Balanced Growth GIF
Category Placement: Canadian Equity Balanced

Fund: BMO Insurance Canadian Income Strategy GIF
Category Placement: Canadian Neutral Balanced

Fund: BMO Insurance Money Market GIF
Category Placement: Canadian Money Market

Fund: BMO Insurance North American Income Strategy GIF
Category Placement: Canadian Neutral Balanced

Fund: BMO Insurance U.S. Balanced Growth GIF
Category Placement: Global Equity Balanced

Fund: Canoe Global Equity Income Class
Category Placement: Global Equity

Fund: Canoe U.S. Equity Income Class
Category Placement: U.S. Equity

Fund: CC&L Q Emerging Market Equity
Category Placement: Emerging Market Equity

Fund: Crusader Equity Income A
Category Placement: Canadian Equity

Fund: Desjardins Fin’l Letko Brosseau Balanced
Category Placement: Global Equity Balanced

Fund: Desjardins Fin’l Letko Brosseau RSP Bal
Category Placement: Global Equity Balanced

Fund: Desjardins Fin’l Letko Brosseau RSP Bond
Category Placement: Canadian Short Term Fixed Income

Fund: Desjardins Fin’l Letko Brosseau RSP Eq
Category Placement: Global Equity

Fund: Desjardins Fin’l Pyramis Cdn Core Eq
Category Placement: Canadian Equity

Fund: DoubleLine Income Solutions Trust
Category Placement: Global Fixed Income

Fund: Dynamic Global Balanced Fund
Category Placement: Global Neutral Balanced

Fund: Dynamic Global Equity Fund
Category Placement: Global Equity

Fund: Franklin LifeSmart 2020 Conservative Portfolio
Category Placement: 2020 Target Date Portfolio

Fund: Franklin LifeSmart 2020 Growth Portfolio
Category Placement: 2020 Target Date Portfolio

Fund: Franklin LifeSmart 2020 Moderate Portfolio
Category Placement: 2020 Target Date Portfolio

Fund: Franklin LifeSmart 2030 Conservative Portfolio
Category Placement: 2025+ Target Date Portfolio

Fund: Franklin LifeSmart 2030 Growth Portfolio
Category Placement: 2025+ Target Date Portfolio
Fund: Franklin LifeSmart 2030 Moderate Portfolio
Category Placement: 2025+ Target Date Portfolio

Fund: Franklin LifeSmart 2040 Conservative Portfolio
Category Placement: 2025+ Target Date Portfolio

Fund: Franklin LifeSmart 2040 Growth Portfolio
Category Placement: 2025+ Target Date Portfolio

Fund: Franklin LifeSmart 2040 Moderate Portfolio
Category Placement: 2025+ Target Date Portfolio

Fund: Franklin LifeSmart 2050 Conservative Portfolio
Category Placement: 2025+ Target Date Portfolio

Fund: Franklin LifeSmart 2050 Growth Portfolio
Category Placement: 2025+ Target Date Portfolio

Fund: Franklin LifeSmart 2050 Moderate Portfolio
Category Placement: 2025+ Target Date Portfolio

Fund: Franklin LifeSmart Retirement Portfolio
Category Placement: Global Neutral Balanced

Fund: Front Street Global Balanced Income
Category Placement: Global Equity Balanced

Fund: Front Street Tactical Bond Fund
Category Placement: Canadian Fixed Income

Fund: Hillsdale Canadian Micro Cap Equity Fund
Category Placement: Canadian Small/Mid Cap

Fund: IA Ecflx Selection Aggressive
Category Placement: Canadian Equity

Fund: IA Ecflx Selection Balanced
Category Placement: Canadian Neutral Balanced

Fund: IA Ecflx Selection Growth
Category Placement: Canadian Equity Balanced

Fund: IA Ecflx Selection Moderate
Category Placement: Canadian Fixed Income Balanced

Fund: IA Ecflx Selection Prudent
Category Placement: Canadian Fixed Income Balanced

Fund: IG Putnam Low Volatility U.S. Equity Fund
Category Placement: U.S. Equity

Fund: Lionscrest TailPro U.S. Equity Fund
Category Placement: U.S. Equity

Fund: Mackenzie Global Large Cap Quality Gr
Category Placement: Global equity

Fund: Manulife BlackRock LifePath Index 2050 Fund
Category Placement: 2025+ Target Date Portfolio

Fund: PH&N Enhanced Total Return Bond Fund
Category Placement: Canadian Fixed Income

Fund: Portland Global Banks Fund
Category Placement: Financial Services Equity

Fund: RBC Canadian Small & Mid-Cap Resources O
Category Placement: Natural Resource Equity

Fund: Russell Focused Global Equity Pool
Category Placement: Global Equity

Nov

Results of New Fund Reviews – Nov 28, 2013

Fund: 18 AM All Cap Canadian Equity
Category Placement: Canadian Equity

Fund: Addenda Commercial Mortgages Pooled
Category Placement: Miscellaneous – Income & Real Property

Fund: Addenda Corporate Long Bond Pooled
Category Placement: Canadian Long Term Fixed Income

Fund: BG Fundamental Canadian Equity Fund
Category Placement: Canadian Equity

Fund: Bloom Burton Canadian Healthcare Fund LP
Category Placement: Alternative Strategies

Fund: CDSPI Short-Term Corp Cl (CI)
Category Placement: Canadian Money Market

Fund: Covenant Fixed Income Pool Fund
Category Placement: Global Fixed Income

Fund: East West Canada Fund LP
Category Placement: Alternative Strategies

Fund: Galibier Canadian Equity Pool
Category Placement: Canadian Equity

Fund: Galibier U.S. Equity Pool
Category Placement: U.S. Equity

Fund: Guardian Strategic Income
Category Placement: Alternative Strategies

Fund: Heathbridge Checkmark Equity Pooled
Category Placement: North American Equity

Fund: IA Clarington Floating Rate Income Fund
Category Placement: High Yield Fixed Income

Fund: IA Clarington Strategic U.S. Growth & Income
Category Placement: Global Equity Balanced

Fund: Libertas Focused Fund LP
Category Placement: Alternative Strategies

Fund: Mackenzie All Cap Dividend Class A
Category Placement: Canadian Dividend and Income Equity

Fund: Manulife US Fixed Income Private Trust
Category Placement: Global Fixed Income

Fund: Meritage Diversified Fixed Income Portfolio
Category Placement: Global Fixed Income

Fund: onTREND Fund
Category Placement: Alternative Strategies

Fund: Portland Glo Energy Efficiency Renew Energy
Category Placement: Natural Resources Equity

Fund: RBC US High Yield Bond
Category Placement: High Yield Fixed Income

Fund: Vertex Arbitrage Fund
Category Placement: Alternative Strategies

Oct

Results of New Fund Reviews – Oct 24, 2013

Fund: Altairis Long/Short Fund
Category Placement: Alternative Strategies

Fund: Analytic US Low Volatility Equity
Category Placement: U.S. Equity

Fund: BlackRock All Bond Portfolio
Category Placement: Canadian Fixed Income

Fund: BlackRock Balanced Portfolio
Category Placement: Canadian Neutral Balanced

Fund: BlackRock Conservative Portfolio
Category Placement: Canadian Neutral Balanced

Fund: BlackRock Defensive Portfolio
Category Placement: Canadian Fixed Income Balanced

Fund: BlackRock Diversified Monthly Income Portfolio
Category Placement: Canadian Fixed Income Balanced

Fund: BlackRock Growth Portfolio
Category Placement: Global Equity Balanced

Fund: BlackRock MaxGrowth Portfolio
Category Placement: Global Equity

Fund: Capital Preservation Fund
Category Placement: Canadian Fixed Income

Fund: Cortland Credit Strategies LP
Category Placement: Canadian Short Term Fixed Income

Fund: DFS GIF – Balanced
Category Placement: Canadian Neutral Balanced

Fund: DFS GIF – Conservative
Category Placement: Canadian Fixed Income Balanced

Fund: DFS GIF – Growth
Category Placement: Global Equity Balanced

Fund: DFS GIF – Maximum Growth
Category Placement: Global Equity Balanced

Fund: DFS GIF – Moderate
Category Placement: Canadian Fixed Income Balanced

Fund: DFS GIF – Specialty Equity – Northwest
Category Placement: Canadian Small/Mid Cap Equity

Fund: Dynamic Premium Yield Fund
Category Placement: Miscellaneous – Income & Real Property

Fund: Dynamic U.S. Value Balanced Fund
Category Placement: Global Equity Balanced

Fund: Excel Blue Chip Balanced Fund
Category Placement: Global Equity Balanced

Fund: Fidelity Floating Rate High Income Fund
Category Placement: High Yield Fixed Income

Fund: Fidelity U.S. Dividend Private Pool
Category Placement: U.S. Equity

Fund: Fidelity U.S. Growth and Income Private Pool
Category Placement: Global Neutral Balanced

Fund: First Asset Morningstar U.S. Momentum Index ETF (YXM)
Category Placement: U.S. Equity

Fund: First Asset Morningstar U.S. Value Index ETF (XXM)
Category Placement: U.S. Equity

Fund: Foundation Equity Portfolios
Category Placement: Global Equity Balanced

Fund: Foundation Tactical Balanced Portfolio
Category Placement: Global Neutral Balanced

Fund: Foundation Tactical Conservative Portfolio
Category Placement: Global Fixed Income Balanced

Fund: Foundation Tactical Growth Portfolio
Category Placement: Global Equity Balanced

Fund: Foundation Yield Portfolio
Category Placement: High Yield Fixed Income

Fund: Fulcra Focused Yield
Category Placement: High Yield Fixed Income

Fund: Horizons Active Floating Rate Preferred Share ETF (HFP)
Category Placement: Preferred Shared Fixed Income

Fund: LSQ Fund
Category Placement: Alternative Strategies

Fund: Manulife Global Balanced Private Trust
Category Placement: Global Neutral Balanced

Fund: Montrusco Bolton Cdn All Capitalization Equity Fund
Category Placement: Canadian Equity

Fund: Propel Senior Secured Floating Rate Loan Fund
Category Placement: Miscellaneous – Income & Real Property

Fund: Purpose High Interest Savings ETF
Category Placement: Miscellaneous – Income & Real Property

Fund: RBC $U.S. High Yield Bond Fund
Category Placement: High Yield Fixed Income

Fund: RBC High Yield Bond GIF
Category Placement: High Yield Fixed Income

Fund: RBC North American Value GIF
Category Placement: North American Equity

Fund: RBC PH&N Canadian Income GIF
Category Placement: Canadian Dividend & Income Equity

Fund: Renaissance Dividend Income Premium
Category Placement: Canadian Equity Balanced

Fund: Standard Life Global Real Estate Fund
Category Placement: Real Estate Equity

Fund: The Lonsdale Tactical Balanced Portfolio
Category Placement: Canadian Fixed Income Balanced

Fund: The Lonsdale Tactical Growth Portfolio
Category Placement: Canadian Equity

Fund: The Lonsdale Tactical Yield Portfolio
Category Placement: High Yield Fixed Income

Sep

Results of New Fund Reviews – Sept 26, 2013

Fund: Aston Hill Vantage Equity Class
Category Placement: North American Equity

Fund: Aston Hill Vantage Equity Income Class
Category Placement: Canadian Dividend & Income Equity

Fund: Aston Hill Vantage Global Equity Class
Category Placement: Alternative Strategies

Fund: Aston Hill Vantage High Yield Class
Category Placement: High Yield Fixed Income

Fund: Aston Hill Vantage Short-Term Enhanced Income Class
Category Placement: Canadian Short Term Fixed Income

Fund: Dynamic Investment Grade Floating Rate Fund
Category Placement: Global Fixed Income

Fund: First Asset U.S. & Canada LifeCo Income Fund
Category Placement: North American Equity

Fund: GrowthWorks Commercialization 14
Category Placement: Retail Venture Capital

Fund: Horizons S&P/TSX Capped Energy ETF
Category Placement: Natural Resources Equity

Fund: Horizons S&P/TSX Capped Financials ETF
Category Placement: Financial Services Equity

Fund: Louisbourg Canadian Bond Fund
Category Placement: Canadian Fixed Income

Fund: Louisbourg Canadian Dividend Fund
Category Placement: Canadian Dividend & Income Equity

Fund: Louisbourg Canadian Equity Fund
Category Placement: Canadian Equity

Fund: Louisbourg Canadian Small Cap Fund
Category Placement: Canadian Focused Small/Mid Cap Equity

Fund: Louisbourg Corporate Bond Fund
Category Placement: Canadian Fixed Income

Fund: Louisbourg EAFE Fund
Category Placement: International Equity

Fund: Louisbourg Money Market Fund
Category Placement: Canadian Money Market

Fund: Louisbourg Quantitative Canadian Equity Fund
Category Placement: Canadian Equity

Fund: Louisbourg U.S. Equity Fund
Category Placement: U.S. Equity

Fund: NEI Global Total Return Bond Fund
Category Placement: Global Fixed Income

Fund: O’Leary Floating Rate Income Fund
Category Placement: High Yield Fixed Income

Fund: Purpose Core Dividend Fund
Category Placement: North American Equity

Fund: Purpose Diversified Real Asset Fund
Category Placement: Miscellaneous – Income and Real Property

Fund: Purpose Monthly Income Fund
Category Placement: Canadian Fixed Income Balanced

Fund: Purpose Tactical Hedged Equity Fund
Category Placement: Alternative Strategies

Fund: Purpose Total Return Bond Fund ETF
Category Placement: Global Fixed Income

Fund: Renaissance Covered Call Income Fund
Category Placement: Canadian Dividend & Income Equity

Fund: Renaissance Floating Rate Income Fund
Category Placement: High Yield Fixed Income

Fund: Renaissance Optimal Conservative Income Portfolio
Category Placement: Canadian Fixed Income Balanced

Fund: Renaissance Optimal Growth & Income Port
Category Placement: Global Neutral Balanced

Fund: Renaissance U.S. Dollar Corporate Bond Fund
Category Placement: Global Fixed Income

Fund: Renaissance U.S. Dollar Diversified Income Fund
Category Placement: Global Fixed Income Balanced

Fund: Renaissance U.S. Equity Income Fund
Category Placement: U.S. Equity

Fund: Venator Founders Fund
Category Placement: Alternative Strategies

Aug

Results of New Fund Reviews – Aug 22, 2013

Fund: AHF Credit Opportunities Fund
Category Placement: Global Fixed Income Balanced

Fund: AlphaNorth Partners Fund
Category Placement: Alternative Strategies

Fund: BMO Balanced ETF Portfolio Advisor
Category Placement: Global Neutral Balanced

Fund: BMO Conservative ETF Portfolio
Category Placement: Global Fixed Income Balanced

Fund: BMO Equity Growth ETF Portfolio Advisor
Category Placement: Global Equity

Fund: BMO Fixed Income ETF Portfolio
Category Placement: Global Fixed Income

Fund: BMO Security ETF Portfolio Advisor
Category Placement: Canadian Fixed Income Balanced

Fund: BMO SelectTrust Balanced Portfolio
Category Placement: Global Neutral Balanced

Fund: BMO SelectTrust Conservative Portfolio
Category Placement: Global Fixed Income Balanced

Fund: BMO SelectTrust Equity Growth Portfolio
Category Placement: Global Equity

Fund: BMO SelectTrust Fixed Income Portfolio
Category Placement: Canadian Fixed Income

Fund: BMO SelectTrust Growth Portfolio
Category Placement: Global Equity Balanced

Fund: BMO SelectTrust Security Portfolio
Category Placement: Global Fixed Income Balanced

Fund: BMO U.S. Dollar Balanced Fund
Category Placement: Global Neutral Balanced

Fund: BMO U.S. Dollar Dividend Fund
Category Placement: U.S. Equity

Fund: Canoe Global Income Fund
Category Placement: Global Fixed Income

Fund: Canoe Global Value Class
Category Placement: Global Equity

Fund: Celernus Absolute Growth Fund
Category Placement: Alternative Strategies

Fund: Desjardins Canadian Equity Income Fund
Category Placement: Canadian Dividend & Income Equity

Fund: Desjardins Emerging Markets Bond Fund
Category Placement: High Yield Fixed Income

Fund: Desjardins Emerging Markets Opportunities Fund
Category Placement: Emerging Markets Equity

Fund: Desjardins Global Corporate Bond Fund
Category Placement: Global Fixed Income

Fund: Desjardins Global Infrastructure Fund
Category Placement: Global Equity

Fund: Desjardins Global Tactical Bond Fund
Category Placement: High Yield Fixed Income

Fund: First Trust Senior Loan ETF $C Hgd (FSL)
Category Placement: Miscellaneous – Income & Real Property

Fund: Manulife Canadian Conservative Balanced Fund
Category Placement: Canadian Fixed Income Balanced

Fund: Manulife Diversified Income RetirementPlus
Category Placement: Global Neutral Balanced

Fund: Manulife Global Balanced Fund
Category Placement: Global Equity Balanced

Fund: Manulife Global Managed Volatility Portfolio
Category Placement: Global Equity

Fund: Manulife U.S. Dollar Floating Rate Income Fund
Category Placement: High Yield Fixed Income

Fund: Meckelborg MFG Diversified Strategy Fund
Category Placement: Alternative Strategies

Fund: PowerShares Canadian Low Volatility Index
Category Placement: Canadian Equity

Fund: PowerShares U.S. Low Volatility Index Fund
Category Placement: U.S. Equity

Fund: RBC $U.S. Investment Grade Corp Bond Fund
Category Placement: Global Fixed Income

Fund: RBC Balanced Growth & Income Fund
Category Placement: Global Neutral Balanced

Fund: RBC Monthly Income High Yield Bond
Category Placement: High Yield Fixed Income

Fund: RBC QUBE Global Equity Fund
Category Placement: Global Equity

Fund: RBC QUBE U.S. Equity Fund
Category Placement: U.S. Equity

Fund: Renaissance Corporate Bond Fund
Category Placement: Canadian Fixed Income

Fund: Sun Life BlackRock Canadian Composite Equity Class
Category Placement: Canadian Equity

Fund: Vanguard FTSE Canada All Cap Index ETF (VCN)
Category Placement: Canadian Equity

Fund: Vanguard FTSE Dev ex North America Index ETF (VDU)
Category Placement: International Equity

Fund: Vanguard U.S. Dividend Appreciation Index ETF (VGG)
Category Placement: U.S. Equity

Fund: Vanguard U.S. Total Market Index ETF (VUN)
Category Placement: U.S. Equity

Jul

Results of New Fund Reviews – Jul 23, 2013

Fund: Black Creek Focus
Category Placement: Global Equity

Fund: BMO Emerging Markets Bond Fund
Category Placement: High Yield Fixed Income

Fund: BMO Preferred Share Fund
Category Placement: Preferred Share Fixed Income

Fund: BMO Tactical Dividend ETF
Category Placement: Tactical Balanced

Fund: Cambridge Global Dividend Fund
Category Placement: Global Equity

Fund: CAN Corporate Bond (Portico)
Category Placement: Canadian Fixed Income

Fund: CAN Long Term Bond (Portico)
Category Placement: Canadian Long Term Fixed Income

Fund: CAN NA High Yield Bond (Putnam)
Category Placement: High Yield Fixed Income

Fund: CAN Real Return Bond (Portico)
Category Placement: Canadian Inflation Protected Fixed Income

Fund: CAN Short Term Bond (Portico)
Category Placement: Canadian Short Term Fixed Income

Fund: CAN U.S. Dividend (GWLIM)
Category Placement: U.S. Equity

Fund: Exemplar Global Agriculture Fund
Category Placement: Global Equity

Fund: Franklin Templeton 2045 Conservative Prt
Category Placement: 2025+ Target Date Portfolio

Fund: Franklin Templeton 2045 Growth Portfolio
Category Placement: 2025+ Target Date Portfolio

Fund: Franklin Templeton 2045 Moderate Port
Category Placement: 2025+ Target Date Portfolio

Fund: Franklin Templeton Em Mkt Debt Inst Tr
Category Placement: High Yield Fixed Income

Fund: GWL Corporate Bond (Portico)
Category Placement: Canadian Fixed Income

Fund: GWL Long Term Bond (Portico)
Category Placement: Canadian Long Term Fixed Income

Fund: GWL NA High Yield Bond (Putnam)
Category Placement: High Yield Fixed Income

Fund: GWL Real Return Bond (Portico)
Category Placement: Canadian Inflation Protected Fixed Income

Fund: GWL Short Term Bond (Portico)
Category Placement: Canadian Short Term Fixed Income

Fund: GWL U.S. Dividend (GWLIM)
Category Placement: U.S. Equity

Fund: IA SRP Classic Asian Pacific (Dynamic)
Category Placement: Asia Pacific Equity

Fund: IA SRP Classic Emerging Markets(Mackenzie Cundill)
Category Placement: Emerging Markets Equity

Fund: LON Corporate Bond (Portico)
Category Placement: Canadian Fixed Income

Fund: LON Long Term Bond (Portico)
Category Placement: Canadian Long Term Fixed Income

Fund: LON NA High Yield Bond (Putnam)
Category Placement: High Yield Fixed Income

Fund: LON Real Return Bond (Portico)
Category Placement: Canadian Inflation Protected Fixed Income

Fund: LON Short Term Bond (Portico)
Category Placement: Canadian Short Term Fixed Income

Fund: LON U.S. Dividend (GWLIM)
Category Placement: U.S. Equity

Fund: Mac N.A. High Yield Bond Fund (Putnam)
Category Placement: High Yield Fixed Income

Fund: Mac U.S. Dividend Class (GWLIM)
Category Placement: U.S. Equity

Fund: Marquest Flex Dividend and Income Growth
Category Placement: Canadian Dividend & Income Equity

Fund: Mawer Global Balanced Fund Class A
Category Placement: Global Equity Balanced

Fund: MFS MB Low Volatility Global Equity Fund
Category Placement: Global Equity

Fund: Middlefield Global Infrastructure A
Category Placement: Global Equity

Fund: NBT Non-Traditional Fixed Income Private Pool
Category Placement: Global Fixed Income

Fund: NBT Private Pool International Equity
Category Placement: International Equity

Fund: Pender US All Cap Equity Fund
Category Placement: U.S. Equity

Fund: Pender Value Fund
Category Placement: Global Equity

Fund: Quadrus N.A. High Yield Bond Fund (Putnam)
Category Placement: High Yield Fixed Income

Fund: Quadrus Short Term Bond Fund
Category Placement: Canadian Short Term Fixed Income

Fund: SEI Short Term Investment Fund
Category Placement: Canadian Money Market

Fund: Standard Life Can Equity Growth Class A
Category Placement: Canadian Equity

Fund: Standard Life Can Equity Value Class A
Category Placement: Canadian Equity

Fund: Standard Life Dividend Income Class A
Category Placement: Canadian Dividend and Income Equity

Fund: Standard Life Global Equity Value Cls A
Category Placement: Global Equity

Fund: Standard Life Tactical Bond A
Category Placement: Canadian Fixed Income

Fund: Standard Life US Dividend Growth Class A
Category Placement: U.S. Equity

Fund: Standard Life US Monthly Income A
Category Placement: Global Neutral Balanced

Fund: Sun Life MFS Dividend Income Class
Category Placement: Canadian Dividend & Income Equity

Fund: Templeton Glbl Multisector Plus Instl Tr
Category Placement: Global Fixed Income

Fund: Triumph Capital Appreciation Fund LP
Category Placement: Alternative Strategies

Fund: Zechner Global Hedge
Category Placement: Alternative Strategies

Jun

Results of New Fund Reviews – Jun 26, 2013

Fund: CI G5|20 2038 Q3 Fund
Category Placement: Tactical Balanced

Fund: Desjardins Fin’l DGIA Bond
Category Placement: Canadian Fixed Income

Fund: Desjardins Fin’l DGIA Canadian Equity
Category Placement: Canadian Equity

Fund: Desjardins Fin’l DGIA Canadian Equity Dividend
Category Placement: Canadian Dividend & Income Equity

Fund: Desjardins Fin’l DGIA Global Equity
Category Placement: Global Equity

Fund: DFS BlackRock LifePath 2050 Index
Category Placement: 2025+ Target Date Portfolio

Fund: Equitable Life Active Balanced Growth Portfolio Select
Category Placement: Global Equity Balanced

Fund: Equitable Life Active Balanced Income Portfolio Select
Category Placement: Canadian Neutral Balanced

Fund: Excel Latin America Bond Fund
Category Placement: High Yield Fixed Income

Fund: First Asset DEX 1-5 Year Laddered Government Strip Bond Index ETF
Category Placement: Canadian Short Term Fixed Income

Fund: Franklin Income Fund
Category Placement: Global Equity Blanced

Fund: Limited Duration Investment Grade Preferred Securities Fund
Category Placement: Preferred Shared Fixed Income

Fund: MAM Canadian Short Duration Fixed Income Portfolio
Category Placement: Canadian Short Term Fixed Income

Fund: Manulife Global Tactical Credit Fund
Category Placement: High Yield Fixed Income

Fund: Manulife U.S. Tactical Credit Fund
Category Placement: High Yield Fixed Income

Fund: NEI Northwest Enhanced Yield Equity
Category Placement: Canadian Equity

Fund: Pyramis Canadian Focused Equity Trust
Category Placement: Canadian Equity

Fund: Redwood Flexible Bond Class Class A
Category Placement: Global Fixed Income

Fund: ROI Private Commercial Mortgage Investment
Category Placement: Miscellaneous – Income and Real Property

Fund: Sentry Global Balanced Income Fund
Category Placement: Global Fixed Income Balanced

Fund: Sentry REIT Class
Category Placement: Real Estate Equity

Fund: Standard Life Tactical Bond Fund
Category Placement: Canadian Fixed Income

Fund: Standard Life Target Date 2055
Category Placement: 2025+ Target Date Portfolio

Fund: Standard Life U.S. Monthly Income Fund
Category Placement: Global Neutral Balanced

Fund: TD Emerging Markets Low Volatility Fund
Category Placement: Emerging Markets Equity

Fund: TD Fixed Income Pool
Category Placement: Canadian Fixed Income

Fund: TD International Equity Fund
Category Placement: International Equity

Fund: TD Retirement Balanced Portfolio
Category Placement: Canadian Neutral Balanced

Fund: TD Retirement Conservative Portfolio
Category Placement: Canadian Fixed Income Balanced

Fund: TD U.S. Low Volatility Fund
Category Placement: U.S. Equity

Fund: Terra Small Cap Growth Fund
Category Placement: Canadian Small/Mid Cap Equity

Fund: Terra Tundra Dividend Growth Fund
Category Placement: Canadian Dividend & Income Equity

May

Results of New Fund Reviews – May 25, 2013

Fund: BlackRock CDN Emerging Markets Fundamental Index
Category Placement: Emerging Markets Equity

Fund: Burgundy Emerging Markets Equity
Category Placement: Emerging Markets Equity

Fund: Burgundy Focus Asian Equity
Category Placement: Asia Pacific Equity

Fund: Burgundy Global Equity
Category Placement: Global Equity

Fund: Burgundy Global Focused Opportunities
Category Placement: Global Equity

Fund: LDIC North American Energy Infrastructure
Category Placement: Natural Resource Equity

Fund: SLI Long-Term Liability Government Bond Pooled
Category Placement: Canadian Long Term Fixed Income

Fund: SLI Mid-Term Liability Government Bond Pooled
Category Placement: Canadian Fixed Income

Fund: SLI Short-Term Liability Government Bond Pooled
Category Placement: Canadian Short Term Fixed Income

Fund: STYLUS U.S. Blended Equity
Category Placement: U.S. Equity

Fund: STYLUS Wealth Protection
Category Placement: Canadian Neutral Balanced

Fund: Zechner High Income
Category Placement: Canadian Dividend and Income Equity

Fund: Zechner Pooled Balanced
Category Placement: Canadian Equity Balanced

Fund: Zechner Special Equity
Category Placement: Canadian Small/Mid Cap Equity

Apr

Results of New Fund Reviews – Apr 25, 2013

Fund: Arrow East Coast Investment Grade II Fund
Category Placement: Alternative Strategies

Fund: Aston Hill Global Resource & Infrastructure Fund
Category Placement: Natural Resources Equity

Fund: BMO U.S. Equity Fund – Adv Sr
Category Placement: U.S. Equity

Fund: Dynamic Power Hedge Fund
Category Placement: Alternative Strategies

Fund: Dynamic Preferred Yield Class
Category Placement: Preferred Share Fixed Income

Fund: FMOQ Conservative Balanced Fund
Category Placement: Global Fixed Income Balanced

Fund: iShares MSCI EAFE IMI Index ETF
Category Placement: International Equity

Fund: iShares MSCI Emerging Markets IMI Index ETF
Category Placement: Emerging Markets Equity

Fund: iShares S&P 500 Index ETF
Category Placement: U.S. Equity

Fund: iShares S&P Glb Industr Fund CAD-Hd
Category Placement: Miscellaneous – Sector Equity

Fund: Lawrence Park Strategic Income Fund
Category Placement: Global Fixed Income

Fund: Mac Floating Rate Income Fund
Category Placement: High Yield Fixed Income

Fund: Mac Strategic Bond Fund
Category Placement: Canadian Fixed Income

Fund: Manulife Balanced Income Private Trust
Category Placement: Canadian Fixed Income Balanced

Fund: Manulife Balanced Private Trust
Category Placement: Global Neutral Balanced

Fund: Raven Rock Income II Fund
Category Placement: Alternative Strategies

Fund: SEI Long Duration Credit Bond Fund
Category Placement: Canadian Long Term Fixed Income

Fund: Brompton 2013 Flow-Through LP
Category Placement: Alternative Strategies

Mar

Results of New Fund Reviews – Mar 26, 2013

Fund: AlphaNorth Resource Series A
Category Placement: Natural Resources Equity

Fund: BMO Floating Rate Income Fund
Category Placement: Miscellaneous – Income and Real Property

Fund: BMO Long Provincial Bond Index ETF
Category Placement: Canadian Long Term Fixed Income

Fund: BMO Low Volatility U.S. Equity ETF
Category Placement: U.S. Equity

Fund: BMO Mid Provincial Bond Index ETF
Category Placement: Canadian Fixed Income

Fund: BMO Mid-Term U.S. IG Corporate Bond Index ETF
Category Placement: Global Fixed Income

Fund: BMO Monthly High Income Fund II
Category Placement: Canadian Dividend & Income Equity

Fund: BMO U.S. Dividend ETF
Category Placement: U.S. Equity

Fund: BMO U.S. High Yld Bd Cap Cl Adv Sr
Category Placement: High Yield Fixed Income

Fund: Canso Corporate Bond
Category Placement: Canadian Fixed Income

Fund: DFS BlackRock Balanced Moderate Index
Category Placement: Canadian Neutral Balanced

Fund: DFS CI Signature Canadian Balanced
Category Placement: Canadian Neutral Balanced

Fund: First Asset Advantaged Morningstar U.S. Consumer Defensive Index Fund
Category Placement: Miscellaneous – Sector Equity

Fund: Global Dividend Growers Income Fund
Category Placement: Global Equity

Fund: iProfile Canadian Equity
Category Placement: Canadian Equity

Fund: iProfile Emerging Markets
Category Placement: Emerging Markets Equity

Fund: iProfile U.S. Equity
Category Placement: U.S. Equity

Fund: iShares S&P Global Consumer Discretionary Index Fund
Category Placement: Miscellaneous – Sector Equity

Fund: Lazard Emerging Market Multi-Strategy Fund
Category Placement: Global Equity Balanced

Fund: Lazard Global Equity Income Fund
Category Placement: Global Equity

Fund: Manulife High Interest Savings Seg
Category Placement: Canadian Money Market

Fund: Sentry U.S. Balanced Income Fund
Category Placement: Global Neutral Balanced

Fund: Sprott 2013 Flow-Through LP
Category Placement: Natural Resources Equity

Fund: Sprott Precious Metals Dividend Fund
Category Placement: Precious Metals Equity

Fund: Strandard Life Global Absolute Return Strategies Fund
Category Placement: Alternative Strategies

Feb

Results of New Fund Reviews – Feb 26, 2013

Fund: Burgundy Canadian Large Cap Equity
Category Placement: Canadian Equity

Fund: CI Signature Global Dividend Fund
Category Placement: Global Equity

Fund: DKAM Capital Ideas Trust
Category Placement: Alternative Strategies

Fund: Fidelity U.S. All Cap Fund
Category Placement: U.S. Equity

Fund: Fidelity U.S. Dividend Registered Fund
Category Placement: U.S. Equity

Fund: Globevest Capital Alternative Growth Fund
Category Placement: Alternative Strategies

Fund: Globevest Capital Balanced Fund
Category Placement: Alternative Strategies

Fund: Horizons Auspice Broad Commodity Index ETF
Category Placement: Miscellaneous – Commodity

Fund: IA Clarington Activist Opportunities Class
Category Placement: Canadian Equity

Fund: Landry Cdn Adaptive Value Long-Short Fund
Category Placement: Alternative Strategy

Fund: Lysander Balanced Class
Category Placement: Global Neutral Balanced

Fund: NexC Partners Corp.
Category Placement: North American Equity

Fund: O’Leary Canadian Bond Yield Advantaged Class
Category Placement: Canadian Fixed Income

Fund: PH&N Canadian Equity Pension Trust
Category Placement: Canadian Focused Equity

Fund: Professionals’ Global Fixed Income Fund
Category Placement: Global Fixed Income

Fund: Professionals’ American Dividend Fund
Category Placement: U.S. Equity

Fund: U.S. Housing Recovery Fund
Category Placement: U.S. Equity

Jan

Results of New Fund Reviews – Jan 22, 2013

Fund: Addenda Canadian Equity Pooled
Category Placement: Canadian Equity

Fund: Barometer Income Advantage Fund
Category Placement: Global Neutral Balanced

Fund: Canoe ‘GO CANADA’ North American Monthly Inc
Category Placement: Global Neutral Balanced

Fund: Canoe Strategic High Yield Fund
Category Placement: High Yield Fixed Income

Fund: First Asset Global Dividend Fund
Category Placement: Global Equity

Fund: GWL CBM Retirement Portfolio
Category Placement: Global Neutral Balanced

Fund: Horizons Act S&P/TSX 60 Idx Covered Call ETF (HAX)
Category Placement: Canadian Equity

Fund: Manulife Canadian Balanced Private Pool
Category Placement: Canadian Neutral Balanced

Fund: Manulife Canadian Equity Private Pool
Category Placement: Canadian Equity

Fund: Manulife Dividend Inc Private Pool
Category Placement: Canadian Dividend & Income Equity

Fund: Manulife Global Equity Private Pool
Category Placement: Global Equity

Fund: Manulife Money Market Private Trust
Category Placement: Canadian Money Market

Fund: Manulife U.S. Equity Private Pool
Category Placement: U.S. Equity

Fund: NexGen U.S. Dividend Plus Registered Fund
Category Placement: U.S. Equity

Fund: Portland Private Income Fund
Category Placement: Miscellaneous – Income & Real Property

Fund: Red Sky Canadian Equity CC A
Category Placement: Canadian Focused Equity

Fund: Sentry Canadian Equity Fund
Category Placement: Canadian Equity

Fund: Sun Life 2015 Milestone-PF
Category Placement: 2015 Target Date Portfolio

Fund: Sun Life 2020 Milestone-PF
Category Placement: 2020 Target Date Portfolio

Fund: Sun Life 2025 Milestone-PF
Category Placement: 2025 Target Date Portfolio

Fund: Sun Life 2030 Milestone-PF
Category Placement: 2025+ Target Date Portfolio

Fund: Sun Life 2035 Milestone-PF
Category Placement: 2025+ Target Date Portfolio

Fund: Sun Life 2040 Milestone-PF
Category Placement: 2025+ Target Date Portfolio

Fund: Sun Life 2045 Milestone-PF
Category Placement: 2025+ Target Date Portfolio

Fund: Sun Life Granite 2015-PF
Category Placement: 2015 Target Date Portfolio

Fund: Sun Life Granite 2020 Aggressive-PF
Category Placement: 2020 Target Date Portfolio

Fund: Sun Life Granite 2020 Conservative-PF
Category Placement: 2020 Target Date Portfolio

Fund: Sun Life Granite 2020 Moderate-PF
Category Placement: 2020 Target Date Portfolio

Fund: Sun Life Granite 2020-PF
Category Placement: 2020 Target Date Portfolio

Fund: Sun Life Granite 2025-PF
Category Placement: 2025 Target Date Portfolio

Fund: Sun Life Granite 2030 Aggressive-PF
Category Placement: 2025+ Target Date Portfolio

Fund: Sun Life Granite 2030 Conservative-PF
Category Placement: 2025+ Target Date Portfolio

Fund: Sun Life Granite 2030 Moderate-PF
Category Placement: 2025+ Target Date Portfolio

Fund: Sun Life Granite 2030-PF
Category Placement: 2025+ Target Date Portfolio

Fund: Sun Life Granite 2035-PF
Category Placement: 2025+ Target Date Portfolio

Fund: Sun Life Granite 2040 Aggressive-PF
Category Placement: 2025+ Target Date Portfolio

Fund: Sun Life Granite 2040 Conservative-PF
Category Placement: 2025+ Target Date Portfolio

Fund: Sun Life Granite 2040 Moderate-PF
Category Placement: 2025+ Target Date Portfolio

Fund: Sun Life Granite 2040-PF
Category Placement: 2025+ Target Date Portfolio

Fund: Sun Life Granite 2045-PF
Category Placement: 2025+ Target Date Portfolio

Fund: Sun Life Granite 2050 Aggressive-PF
Category Placement: 2025+ Target Date Portfolio

Fund: Sun Life Granite 2050 Conservative-PF
Category Placement: 2025+ Target Date Portfolio

Fund: Sun Life Granite 2050 Moderate-PF
Category Placement: 2025+ Target Date Portfolio

Fund: Sun Life Granite 2050-PF
Category Placement: 2025+ Target Date Portfolio

Fund: Sun Life Granite Aggressive-PF
Category Placement: Canadian Neutral Balanced

Fund: Sun Life Granite Balanced-PF
Category Placement: Canadian Neutral Balanced

Fund: Sun Life Granite Conservative-PF
Category Placement: Canadian Neutral Balanced

Fund: Sun Life Granite Growth-PF
Category Placement: Canadian Neutral Balanced

Fund: Sun Life Granite Moderate-PF
Category Placement: Canadian Neutral Balanced

Fund: Sun Life Granite Retirement-PF
Category Placement: Canadian Fixed Income Balanced

Fund: Sun Life Managed Enhanced Income Port
Category Placement: Global Neutral Balanced

Fund: Sun Life Managed Income Portfolio
Category Placement: Global Neutral Balanced

Fund: Sun Life Sentry Value Fund
Category Placement: Canadian Focused Equity

Fund: Walton U.S. Income
Category Placement: Miscellaneous – Other

2012

Dec

Results of New Fund Reviews – Dec 20, 2012

Fund: ASTRA Tradewinds US Equity
Category Placement: U.S. Equity

Fund: First Asset CanBanc 8 Income Corp.
Category Placement: Financial Services Equity

Fund: Globevest Capital Balanced Fund
Category Placement: Alternative Strategies

Fund: Harvest Sustainable Income Fund
Category Placement: Canadian Equity

Fund: Harvest Sustainable Income Sr R
Category Placement: Canadian Equity

Fund: IA Canadian Eqty Low Volatility (TD)-PF
Category Placement: Canadian Equity

Fund: IA Global Eqty Low Volatil ACWI (TD)-PF
Category Placement: Global Equity

Fund: IA Global Equity Idx ACWI (BlackRock)-PF
Category Placement: Global Equity

Fund: Invesco Balanced Risk Allocation Pool
Category Placement: Miscellaneous – Other

Fund: iShares Silver Bullion Fund (CAD-Hedged)
Category Placement: Miscellaneous – Commodity

Fund: iShares Silver Bullion Fund (Non-Hedged)
Category Placement: Miscellaneous – Commodity

Fund: LL BlackRock LifePath 2050
Category Placement: 2025+ Target Date Portfolio

Fund: LL Cadence 2055
Category Placement: 2025+ Target Date Portfolio

Fund: LL ClearPath 2050 (Fidelity)
Category Placement: 2025+ Target Date Portfolio

Fund: LL ClearPath 2055 (Fidelity)
Category Placement: 2025+ Target Date Portfolio
Fund: LL Continuum 2055
Category Placement: 2025+ Target Date Portfolio

Fund: Man GLG EM Income Fund
Category Placement: Alternative Strategies

Fund: Man GLG Income Opportunities Fund
Category Placement: Alternative Strategies

Fund: Russell Focused Canadian Equity Pool
Category Placement: Canadian Equity

Fund: Russell Global Infrastructure Pool
Category Placement: Global Equity

Fund: Russell Global Real Estate Pool
Category Placement: Real Estate Equity

Fund: Russell Real Asset Portfolio
Category Placement: Miscellaneous – Income & Real Property

Fund: Scotia Private Real Estate Income Pool
Category Placement: Real Estate Equity

Fund: Scotia Selected Income Portfolio
Category Placement: Canadian Fixed Income Balanced

Fund: Scotia U.S. Dividend Fund
Category Placement: U.S. Equity

Fund: Scotia U.S. Equity Blend Class
Category Placement: U.S. Equity

Fund: Standard Life S2 Ideal Short Term Bond 75
Category Placement: Canadian Short Term Fixed Income

Fund: Standard Life S2 Ideal Tactical Income 7575
Category Placement: Tactical Balanced

Fund: Walton CA Highland Falls
Category Placement: Miscellaneous – Other

Fund: Walton Edgemont Development Corporation
Category Placement: Miscellaneous – Other

Fund: Walton U.S. Dollar Income 1 Corporation
Category Placement: Miscellaneous – Other

Fund: Walton Westphalia Development Corporation
Category Placement: Miscellaneous – Other

Fund: Walton Yellowhead Development Corporation
Category Placement: Miscellaneous – Other

Nov

Results of New Fund Reviews – Nov 22, 2012

Fund: Addenda EAFE Equity Pooled
Category Placement: International Equity

Fund: Addenda Global Equity Pooled
Category Placement: Global Equity

Fund: ASTRA Guardian Canadian Dividend Equity
Category Placement: Canadian Dividend & Income Equity

Fund: Batirente Diversified Energetic
Category Placement: Global Neutral Balanced

Fund: Batirente Diversified Income
Category Placement: Global Fixed Income Balanced

Fund: BlueBay Global Convertible Bond Fund Series A
Category Placement: High Yield Fixed Income

Fund: BMO S&P 500 ETF
Category Placement: U.S. Equity

Fund: BMO S&P/TSX EW Global Gold Index ETF
Category Placement: Precious Metals Equity

Fund: BMO S&P/TSX EW Industrials Index ETF
Category Placement: Miscelaneous – Sector Equity

Fund: BMO S&P/TSX Laddered Preferred Share ETF
Category Placement: Canadian Dividend & Income Equity

Fund: DFS AlphaFixe Bond Fund
Category Placement: Canadian Fixed Income

Fund: DFS Invesco Balanced-Risk Allocation Fund
Category Placement: Miscellaneous – Other

Fund: DFS Lazard U.S. Strategic Equity Fund
Category Placement: U.S. Equity

Fund: Fidelity Tactical Fixed Income Capital Yield Fd A
Category Placement: Canadian Fixed Income

Fund: Lincluden Bond Pooled
Category Placement: Canadian Fixed Income

Fund: Middlefield CAN GLOBAL REIT Income Fund
Category Placement: Real Estate Equity

Fund: PH&N Monthly Income Class Ser A
Category Placement: Canadian Neutral Balanced

Fund: Propel North American REIT Income Fund
Category Placement: Real Estate Equity

Fund: RBC Bond Capital Class Ser A
Category Placement: Canadian Fixed Income

Fund: RBC QUBE Low Volatility Canadian Equity Fd Ser A
Category Placement: Canadian Equity

Fund: RBC QUBE Low Volatility Global Equity Fd Ser A
Category Placement: Global Equity

Fund: RBC QUBE Low Volatility U.S. Equity Fd Ser A
Category Placement: U.S. Equity

Fund: RBC Select Aggressive Growth Class Ser A
Category Placement: Global Equity

Fund: RBC Select Balanced Class Ser A
Category Placement: Global Neutral Balanced

Fund: RBC Select Conservative Class Ser A
Category Placement: Global Neutral Balanced

Fund: RBC Select Growth Class Ser A
Category Placement: Global Equity Balanced

Fund: RBC Select Very Conservative Class Ser A
Category Placement: Canadian Fixed Income Balanced

Fund: RBC U.S. Dividend Class Ser A
Category Placement: U.S. Equity

Oct

Results of New Fund Reviews – Oct 25, 2012

Fund: Analytic Global Low Volatility Equity
Category Placement: Global Equity

Fund: Barometer High Income (Cayman) Fund
Category Placement: Alternative Strategies

Fund: DFS GIF – International Equity Growth
Category Placement: International Equity

Fund: Fidelity U.S. Dividend Currency Neutral Fund
Category Placement: U.S. Equity

Fund: Fidelity U.S. Dividend Fund
Category Placement: U.S. Equity

Fund: Fidelity U.S. Monthly Income Capital Yield Fund
Category Placement: U.S. Equity

Fund: Fidelity U.S. Monthly Income Fund
Category Placement: U.S. Equity

Fund: Frk US Rising Dividends Hedged CC
Category Placement: U.S. Equity

Fund: GFM Dividend Income Fund
Category Placement: Alternative Strategies

Fund: Glovista Emerging Markets Equity
Category Placement: Emerging Market Equity

Fund: Horizons Active Cdn Bond ETF – HAD
Category Placement: Canadian Fixed Income

Fund: Horizons Active Emerging markets Div ETF – HAJ
Category Placement: Emerging Markets Equity

Fund: IA Ecoflex Tactical Income (Aston Hill)
Category Placement: Tactical Balanced

Fund: Mac Global Tactical Fund
Category Placement: Tactical Balanced

Fund: Mac Symmetry Conservative Income Port
Category Placement: Canadian Fixed Income Balanced

Fund: Manulife Balanced Equity Private Pool
Category Placement: Canadian Equity Balanced

Fund: Manulife Balanced Income Private Pool
Category Placement: Canadian Fixed Income Balanced

Fund: Manulife Balanced Private Pool
Category Placement: Canadian Equity Balanced

Fund: Manulife Canadian Fixed Income Private Trust
Category Placement: Canadian Fixed Income

Fund: Manulife Corporate Fixed Income Private Trust
Category Placement: Canadian Fixed Income

Fund: PH&N Institutional Short Term Income Fund
Category Placement: Canadian Money Market

Fund: Picton Mahoney Premium Fund
Category Placement: Global Small/Mid Cap Equity

Fund: Portland Advantage Fund
Category Placement: Canadian Focused Equity

Fund: Portland Canadian Balanced Fund
Category Placement: Canadian Equity Balanced

Fund: Portland Canadian Focused Fund
Category Placement: Canadian Focused Equity

Fund: Portland Global Income Fund
Category Placement: Global Equity Balanced

Fund: Principal Cdn Fixed Income Plus
Category Placement: Canadian Fixed Income

Fund: Roundtable Canadian Offshore Hedge Fund
Category Placement: Alternative Strategies

Fund: Roundtable Energy Income Fund (USD)
Category Placement: Natural Resources Equity

Fund: Roundtable Enhanced Equity Fund (USD)
Category Placement: Canadian Dividend & Income Equity

Fund: Transamerica Canadian Large Cap Index GIF – TIP
Category Placement: Canadian Equity

Fund: Transamerica Global Growth GIF – TIP
Category Placement: Global Equity

Fund: Transamerica U.S. Equity Index GIF – TIP
Category Placement: U.S. Equity

Fund: Vanguard Canadian Short-Term Corp Bond Index ETF
Category Placement: Canadian Short Term Fixed Income

Fund: Vanguard FTSE Canadian Capped REIT Index ETF
Category Placement: Real Estate Equity

Fund: Vanguard FTSE Cdn High Dividend Yield Index ETF
Category Placement: Canadian Dividend & Income Equity

Fund: Vanguard S&P 500 Index ETF
Category Placement: U.S. Equity

Fund: Vision Opportunity Fund LP II
Category Placement: Real Estate Equity

Fund: VPI Mortgage Pool
Category Placement: Canadian Short Term Fixed Income

Fund: Wellington (Canada) Universe Bond Plus
Category Placement: Canadian Fixed Income

Sep

Results of New Fund Reviews – Sep 27, 2012

Fund: AGF Emerging Markets Pooled
Category Placement: Emerging Markets Equity

Fund: AGF Global Core Equity Pooled
Category Placement: Global Equity

Fund: Anchor Managed Defensive Income Fd
Category Placement: Canadian Neutral Balanced

Fund: Anchor Managed Dividend Growth Fd
Category Placement: Canadian Dividend & Income Equity

Fund: Anchor Managed High Income Fund
Category Placement: Canadian Dividend & Income Equity

Fund: Artio Global Equity (Canada)
Category Placement: Global Equity

Fund: Artio International Equity II (Canada)
Category Placement: International Equity

Fund: BlackRock CDN Glbl Dev Real Est Idx Cl D
Category Placement: Real Estate Equity

Fund: BlackRock CDN Glbl Infras Eq Idx Cl D
Category Placement: Global Equity

Fund: BlackRock CDN LifePath 2050 Index
Category Placement: 2025+ Target Date Portfolio

Fund: BMG Gold Advantage Return Bullion Fund
Category Placement: Miscellaneous – Commodity

Fund: CC&L Small Cap Market Neutral Fund
Category Placement: Alternative Strategies

Fund: Desjardins Fin’l Baillie Gifford Glbl Eq
Category Placement: Global Equity

Fund: DFA Global 80EQ-20FI Portfolio
Category Placement: Global Equity Balanced

Fund: DFS BlackRock Global Infrastructure Index Fund
Category Placement: Global Equity

Fund: First Asset Morningstar Canada Liquid Bond Idx
Category Placement: Canadian Fixed Income

Fund: First Asset Morningstar Emerging Mkt Comp Bd
Category Placement: High Yield Fixed Income

Fund: Front Street DCA Special Opportunities Class
Category Placement: Miscellaneous – Other

Fund: Highstreet Focused Canadian Equity
Category Placement: Canadian Equity

Fund: Horizons Enhanced US Equity Inc ETF Comm
Category Placement: U.S. Equity

Fund: iShares DEX HYBrid Bond Index
Category Placement: High Yield Fixed Income

Fund: MFS International Equity (Canada)
Category Placement: International Equity

Fund: RBC Target 2021 Corporate Bond ETF
Category Placement: Canadian Fixed Income

Fund: Sentry Bond Plus Fund
Category Placement: Canadian Fixed Income

Fund: Sentry Enhanced Corporate Bond Capital Yield Class
Category Placement: High Yield Fixed Income

Fund: Standard Life Balanced Index Port (SLI)
Category Placement: Global Neutral Balanced

Fund: Standard Life Growth Index Port (SLI)
Category Placement: Global Equity Balanced

Fund: Standard Life Income Index Port (SLI)
Category Placement: Canadian Fixed Income Balanced

Fund: Standard Life Retirement
Category Placement: Canadian Fixed Income Balanced

Fund: TD Canadian Low Volatility Class I
Category Placement: Canadian Equity

Fund: TD Fixed Income Capital Yield Pool Cl A
Category Placement: Global Fixed Income

Fund: TD Global High Yield Capital Class A
Category Placement: High Yield Fixed Income

Fund: TD Strategic Yield I
Category Placement: Global Neutral Balanced

Fund: TD Tactical Monthly Income A
Category Placement: Tactical Balanced

Aug

Results of New Fund Reviews – Aug 23, 2012

Fund: Aston Hill Shareholder Yield Fund
Category Placement: Global Fixed Income Balanced

Fund: BlackRock CDN Long Bond Index Cl A
Category Placement: Canadian Long Term Fixed Income

Fund: BlackRock CDN MSCI EAFE Index Class A
Category Placement: International Equity

Fund: BlackRock CDN Real Return Bond Idx Cl A
Category Placement: Canadian Inflation Protected Fixed Income

Fund: BlackRock CDN US Equity Idx Hdg Non-Tax
Category Placement: U.S. Equity

Fund: BMO Canadian Large Cap Equity Fund
Category Placement: Canadian Equity

Fund: Bristol Gate US Dividend Growth
Category Placement: U.S. Equity

Fund: Cumberland Capital Appreciation
Category Placement: Canadian Equity Balanced

Fund: Cumberland Income
Category Placement: Canadian Fixed Income

Fund: Cumberland International
Category Placement: International Equity

Fund: Cumberland Opportunities
Category Placement: Canadian Focused Small/Mid Cap Equity

Fund: iShares MSCI ACWI Minimum Volatility Index Fund
Category Placement: Global Equity

Fund: iShares MSCI Canada Minimum Volatility Index Fund
Category Placement: Canadian Equity

Fund: iShares MSCI EAFE Minimum Volatility Index Fund
Category Placement: International Equity

Fund: iShares MSCI Emerging Mkts Minimum Volatility Idx
Category Placement: Emerging Markets Equity

Fund: iShares MSCI USA Minimum Volatility Index Fund
Category Placement: U.S. Equity

Fund: iShares US High Div Equity Index Fund CADHedged
Category Placement: U.S. Equity

Fund: PowerShares Tactical Bond ETF
Category Placement: Canadian Fixed Income

Fund: Principal US Value Equity
Category Placement: U.S. Equity

Fund: Sprott Flatiron Yield Trust
Category Placement: Alternative Strategies

Jul

Results of New Fund Reviews – July 26, 2012

Fund: Brandes Global Opportunities Fund
Category Placement: Global Equity

Fund: Counsel Global Dividend Series
Category Placement: Global Equity

Fund: Counsel High Yield Fixed Income Series
Category Placement: High Yield Fixed Income

Fund: Counsel Managed High Yield Portfolio Series
Category Placement: Tactical Balanced

Fund: First Asset DEX All Canada Bond Barbell Idx Common
Category Placement: Canadian Fixed Income

Fund: First Asset DEX Corporate Bond Barbell Common
Category Placement: Canadian Fixed Income

Fund: First Asset DEX Government Bond Barbell Idx Com
Category Placement: Canadian Fixed Income

Fund: First Trust Global Balanced Portfolio
Category Placement: Global Equity Balanced

Fund: First Trust U.S. Dividend Portfolio
Category Placement: U.S. Equity

Fund: Lysander Corporate Value Bond Fund
Category Placement: Canadian Fixed Income

Fund: Northwest Macro Canadian Asset Allocation Fund
Category Placement: Tactical Balanced

Fund: Northwest Macro Canadian Equity
Category Placement: Canadian Focused Equity

Fund: Polar Investment – CAMBay Select Class
Category Placement: Alternative Strategies

Fund: Provisus Balanced Corporate Class O
Category Placement: Canadian Equity Balanced

Fund: Provisus Canadian Equity Corporate Cl O
Category Placement: Canadian equity

Fund: Provisus Global Equity Corporate Class O
Category Placement: Global Equity

Fund: Provisus International Equity Corp Cl O
Category Placement: International Equity

Fund: Provisus North American Equity Corp Cl O
Category Placement: North American Equity

Fund: Provisus Total Equity Corporate Class O
Category Placement: Global Equity

Fund: Provisus US Equity Corporate Class O
Category Placement: U.S. Equity

Fund: Quadrus GLC Growth and Income Corporate Class
Category Placement: Global Neutral Balanced

Fund: Russell Short Term Income Pool
Category Placement: Canadian Short Term Fixed Income

Jun

Results of New Fund Reviews – June 28, 2012

Fund: Aston Hill Opportunities Fund
Category Placement: North American Equity

Fund: BMO GDN Dividend Fund Advisor Series
Category Placement: Canadian Dividend & Income Equity

Fund: BMO GDN World Bond Fund
Category Placement: Global Fixed Income

Fund: CC&L Core Income and Growth Fund
Category Placement: Tactical Balanced

Fund: CC&L Equity Income and Growth Fund
Category Placement: Canadian Dividend & Income Equity

Fund: CC&L High Yield Bond Fund
Category Placement: High Yield Fixed Income

Fund: DWIC Canadian Value Strategy
Category Placement: Canadian Focused Equity

Fund: DWIC Core Equity Strategy
Category Placement: Canadian Focused Equity
Fund: DWIC Diversified Bond Strategy
Category Placement: Canadian Fixed Income

Fund: DWIC Equity Income Strategy
Category Placement: Canadian Focused Equity

Fund: DWIC Global Value Strategy
Category Placement: Global Equity

Fund: DWIC Growth Strategy
Category Placement: North American Equity

Fund: Exemplar Timber Fund
Category Placement: Miscellaneous Sector Equity

Fund: Exemplar Yield Fund
Category Placement: Canadian Equity Balanced

Fund: First Asset Cdn Convertible Bond Fund ETF
Category Placement: High Yield Fixed Income

Fund: First Asset JFT Strategies Fund
Category Placement: Deffered

Fund: Harvest Canadian Income & Growth Fund
Category Placement: Canadian Equity

Fund: Horizons Universa Canadian Black Swan ETF (HUT)
Category Placement: Canadian Equity

Fund: Horizons Universa US Black Swan ETF Comm
Category Placement: U.S. Equity

Fund: Humber Global Opportunity Fund
Category Placement: Alternative Strategies

Fund: IA Clarington Focused Balanced Fund
Category Placement: Canadian Neutral Balance

Fund: IA Clarington Focused Canadian Equity
Category Placement: Canadian Equity

Fund: Landry Morin Canadian Dividend Plus Fund
Category Placement: Canadian Dividend & Income Equity

Fund: Mawer International Equity Pooled Fund
Category Placement: International Equity

Fund: NexGen Corporate Bond Registered
Category Placement: Global Fixed Income

Fund: RBC Target 2030 Education Fund
Category Placement: 2025+ Target Date Portfolio

Fund: Scotia Cdn Corporate Bond Cap Yld Cl M
Category Placement: Canadian Fixed Income

Fund: Scotia Conserv Govt Bond Capital Yield
Category Placement: Canadian Fixed Income

Fund: Scotia Short Term Yield Cl Ser M
Category Placement: Canadian Short-Term Fixed Income

Fund: SEI Short Term Investment Fund
Category Placement: Defered

Fund: Sentry Global Dividend Fund
Category Placement: Global Equity

Fund: Sentry US Growth and Income Class
Category Placement: Global Equity

Fund: SSgA Active Canadian Long Term Bond
Category Placement: Canadian Long Term Fixed Income

Fund: SSgA Active Emerging Markets Select Strategy
Category Placement: Emerging Market Equity

Fund: SSgA Canadian Dynamic Equity
Category Placement: Canadian Equity

Fund: SSgA S&P 500 Index Hedged to CAD
Category Placement: U.S. Equity

Fund: Standard Life High Yield Bond Fund
Category Placement: High Yield Fixed Income

Fund: Standard Life Short Term Bond Fund
Category Placement: Canadian Short Term Fixed Income

May

Results of New Fund Reviews – May 24, 2012

Fund: AGF Inflation Focus Fund
Category Placement: Global Neutral Balanced

Fund: AGF Monthly High Income Class
Category Placement: Canadian Equity Balanced

Fund: Aurion Capital Canadian Bond
Category Placement: Canadian Fixed Income

Fund: Aurion Capital Canadian Equity
Category Placement: Canadian Equity

Fund: BlackRock CDN LifePath 2015 Index Fund
Category Placement: 2015 Target Date Portfolio

Fund: BlackRock CDN LifePath 2020 Index Fund
Category Placement: 2020 Target Date Portfolio

Fund: BlackRock CDN LifePath 2025 Index Fund
Category Placement: 2025+ Target Date Portfolio

Fund: BlackRock CDN LifePath 2030 Index Fund
Category Placement: 2025+ Target Date Portfolio

Fund: BlackRock CDN LifePath 2035 Index Fund
Category Placement: 2025+ Target Date Portfolio

Fund: BlackRock CDN LifePath 2040 Index Fund
Category Placement: 2025+ Target Date Portfolio

Fund: BlackRock CDN LifePath 2045 Index Fund
Category Placement: 2025+ Target Date Portfolio

Fund: Fidelity Concentrated Value Private Pool
Category Placement: Canadian Equity

Fund: Fidelity Premium Tactical Fixed Income CapYld B C$
Category Placement: Canadian Fixed Income

Fund: Fidelity Tactical Fixed Income Fund Series A C$
Category Placement: Canadian Fixed Income

Fund: JC Clark Focused Opportunities A
Category Placement: Alternative Strategies

Fund: Lincluden Income Plus Pooled
Category Placement: Canadian Neutral Balanced

Fund: Manulife GIF Select Diversified Income Pt
Category Placement: Canadian Neutral Balanced

Fund: MD Precision Balanced Income Portfolio
Category Placement: Canadian Neutral Balanced

Fund: MD Precision Moderate Growth Portfolio
Category Placement: Global Neutral Balanced

Fund: Natcan Canadian Dividend & Cap Apprec
Category Placement: Canadian Dividend & Income Equity

Fund: Propel Strategic Income Allocation Fund
Category Placement: Global Fixed Income

Apr

Results of New Fund Reviews – Apr 26, 2012

Fund: AGF Equity Income Focus Fund
Category Placement: Global Neutral Balanced

Fund: AGF Income Focus Fund C$
Category Placement: Canadian Fixed Income Balanced

Fund: BMO Asian Growth & Income Fund
Category Placement: Asia Pacific ex-Japan Equity

Fund: BMO Enhanced Equity Income Fund
Category Placement: Canadian Equity

Fund: BMO Global Small Cap Fund
Category Placement: Global Small/Mid Cap Equity

Fund: BMO Laddered Corporate Bond Fund
Category Placement: Canadian Fixed Income

Fund: BMO Quantamental Canadian Large Cap Growth Fund
Category Placement: Canadian Equity

Fund: BMO Target Enhanced Yield ETF Portfolio
Category Placement: Tactical Balanced

Fund: BMO Target Yield ETF Portfolio
Category Placement: Canadian Fixed Income

Fund: CDSPI Canadian Equity Corp Cl (CI)
Category Placement: Canadian Equity

Fund: CDSPI Global Real Estate (Invesco)
Category Placement: Real Estate Equity

Fund: CDSPI Short-Term Advantage Corp Cl (CI)
Category Placement: Canadian Synthetic Money Market

Fund: Dynamic Power Managed Growth Class
Category Placement: Canadian Focused Equity

Fund: Guardian Private Wealth Bond Fund
Category Placement: Canadian Fixed Income

Fund: HBP S&P 500 VIX ST Futures Inverse ETF – HVI
Category Placement: Alternative Strategies

Fund: Horizons Morningstar Hedge Fund Index ETF – HHF
Category Placement: Alternative Strategies

Fund: Norrep MG Opportunity Class
Category Placement: Tactical Balanced

Fund: O’Leary Emerging Markets Yield Fund
Category Placement: Global Neutral Balanced

Fund: PowerShares S&P 500 High Beta (CAD Hedged) UHB
Category Placement: U.S. Equity

Fund: PowerShares S&P 500 Low Volat CAD Hg ETF
Category Placement: U.S. Equity

Fund: PowerShares S&P/TSX Composite High Beta Index ETF – THB
Category Placement: Canadian Equity

Fund: PowerShares S&P/TSX Composite Low Volatility TLV
Category Placement: Canadian Equity

Fund: Scotia Private Canadian Preferred Share Pool
Category Placement: Canadian Dividend & Income Equity

Fund: SEI Global Managed Volatility Fund
Category Placement: Global Equity

Fund: Sprott Enhanced Balanced Fund
Category Placement: Canadian Equity Balanced

Fund: Sprott Enhanced Equity Class
Category Placement: Canadian Focused Equity

Mar

Results of New Fund Reviews – Mar 23, 2012

Fund: AGF Floating Rate Income Fund
Category Placement: Miscellaneous – Income and Real Property

Fund: Capital International – Emerging Mkts Total Opp
Category Placement: Global Neutral Balanced

Fund: CI Signature High Yield Bond Trust
Category Placement: High Yield Fixed Income

Fund: Highstreet Global Equity Fund
Category Placement: Alternative Strategies

Fund: Horizons Auspice Managed Futures Index ETF
Category Placement: Alternative Strategies

Fund: Horizons Crude Oil Yield ETF – HOY
Category Placement: Miscellaneous – Commodity

Fund: Horizons Diversified Commodity Yield ETF – HCY
Category Placement: Miscellaneous – Commodity

Fund: Horizons Natural Gas Yield ETF – HNY
Category Placement: Miscellaneous – Commodity

Fund: Horizons S&P/TSX 60 130/30 ETF Adv
Category Placement: Alternative Strategies

Fund: Horizons Silver Yield ETF – HZY
Category Placement: Miscellaneous – Commodity

Fund: Invesco Intactive Strat Yld Port
Category Placement: Global Fixed Income Balanced

Fund: Manulife Canadian Equity Balanced Fund
Category Placement: Canadian Equity Balanced

Fund: Manulife Corporate Bond Class
Category Placement: High Yield Fixed Income

Fund: Manulife Dividend Income Fund
Category Placement: Canadian Dividend & Income Equity

Fund: Manulife Strategic Balanced Yield Fund
Category Placement: Global Neutral Balanced

Fund: Marquis Balanced Class Portfolio Series
Category Placement: Global Neutral Balanced

Fund: Propel Diversified Alpha Fund II
Category Placement: Alternative Strategies

Fund: SunWise Ess Cambridge Cdn Asset Allocat Fd PIM Inv
Category Placement: Tactical Balanced

Fund: SunWise Ess Cambridge Cdn Equity Bundle PIM Inv
Category Placement: Canadian Equity Balanced

Fund: SunWise Ess CI Global Bundle PIM Investment Class
Category Placement: Global Equity Balanced

Fund: SunWise Ess Harbour Bundle PIM Investment Cl
Category Placement: Canadian Equity Balanced

Fund: SunWise Ess Harbour Foreign Equity Fd PIM Inv Cl
Category Placement: Global Equity Balanced

Fund: SunWise Ess Port Ser Conservative Bal Fd PIM Inv
Category Placement: Global Neutral Balanced

Fund: SunWise Ess Portfolio Ser Balanced Gwth Fd PIM Inv
Category Placement: Global Equity Balanced

Fund: SunWise Ess Portfolio Ser Growth Fd PIM Inv
Category Placement: Global Equity Balanced

Fund: SunWise Ess Portfolio Ser Maximum Gwth Fd PIM Inv
Category Placement: Global Equity

Fund: SunWise Ess Portfolio Series Balanced Fund PIM Inv
Category Placement: Global Equity Balanced

Fund: SunWise Ess Signature Diversified Yield Fd PIM Inv
Category Placement: Global Neutral Balanced

Fund: SunWise Ess Signature Dividend Bundle PIM Inv Cl
Category Placement: Canadian Equity Balanced

Fund: SunWise Ess Signature Gb Income & Growth Fd PIM Iv
Category Placement: Global Neutral Balanced

Fund: SunWise Ess Signature High Income Fd PIM Inv
Category Placement: Global Neutral Balanced

Fund: SunWise Ess Signature Income & Growth Fd PIM Inv
Category Placement: Global Neutral Balanced

Fund: SunWise Ess Signature Select Cdn Bundle PIM Inv
Category Placement: Canadian Equity Balanced

Fund: SunWise Ess Synergy Canadian Bundle PIM Inv
Category Placement: Canadian Equity Balanced

Feb

Results of New Fund Reviews – Feb 23, 2012

Fund: Caldwell Canadian Value Momentum
Category Placement: Canadian Equity

Fund: Claymore Managed Futures ETF
Category Placement: Alternative Strategies

Fund: Desjardins Fin’l TOBAM Anti-Bench Wld Eq
Category Placement: Global Equity

Fund: DynamicEdge Conservative Portfolio
Category Placement: Canadian Equity Balanced

Fund: DynamicEdge Defensive Portfolio
Category Placement: Canadian Fixed Income Balanced

Fund: Horizons High Yield Bond ETF (HYI)
Category Placement: High Yield Fixed Income

Fund: Horizons U.S. Floating Rate Bond ETF (HUF.U)
Category Placement: Miscellaneous – Income & Real Property

Fund: IA Canadian Focused Equity (Pyramis)
Category Placement: Canadian Equity

Fund: Perennial Equity Portfolio
Category Placement: North American Equity

Fund: Perennial Fixed Income Portfolio
Category Placement: Canadian Fixed Income

Fund: RBC US Mid-Cap Value Equity A
Category Placement: U.S. Small/Mid Cap Equity

Fund: RBC US Small-Cap Core Equity A
Category Placement: U.S. Small/Mid Cap Equity

Fund: Sentry Conserv Bal Income Class
Category Placement: Canadian Neutral Balanced

Fund: Sprott Silver Equities Class
Category Placement: Precious Metals Equity

Fund: Steadyhand Founders Fund
Category Placement: Tactical Balanced

Fund: XTF Morningstar CAD DIV 30 ETF
Category Placement: Canadian Dividend & Income Equity

Fund: XTF Morningstar Canada Momentum Index ETF Common
Category Placement: Canadian Equity

Fund: XTF Morningstar Canada Value Index ETF Common
Category Placement: Canadian Equity

Fund: XTF Morningstar Nat Bank Quebec Index ETF Common
Category Placement: Canadian Equity

Fund: XTF Morningstar US Divid Target 50 Idx ETF Common
Category Placement: US Equity

Jan

Results of New Fund Reviews – Jan 26, 2012

Fund: ASTRA Sprott/Fiera Sceptre Canadian Balanced
Category Placement: Canadian Equity Balanced

Fund: Bissett Strategic Income Fund
Category Placement: Canadian Neutral Balanced

Fund: BlueBay Emerging Markets Corporate Bond
Category Placement: High Yield Fixed Income

Fund: Canoe ‘GO CANADA!’ Bond Advantage Fund
Category Placement: Canadian Fixed Income

Fund: Canoe ‘GO CANADA!’ Capital Appreciation
Category Placement: Canadian Focused Small/Mid Cap Equity

Fund: Canoe ‘GO CANADA!’ Energy Income Class
Category Placement: Canadian Equity Balanced

Fund: Canoe ‘GO CANADA!’ Enhanced Income Fund
Category Placement: Canadian Fixed Income Balanced

Fund: Canoe ‘GO CANADA!’ Equity Income Class
Category Placement: Canadian Equity Balanced

Fund: CI Cambridge Income
Category Placement: Global Fixed Income

Fund: CI Signature High Yield Bond
Category Placement: High Yield Fixed Income

Fund: Empire Life Canadian Equity A
Category Placement: Canadian Equity

Fund: Empire Life Dividend Growth A
Category Placement: Canadian Dividend & Income Equity

Fund: Empire Life Emblem Aggressive Gr Port A
Category Placement: Canadian Equity

Fund: Empire Life Emblem Balanced Portfolio A
Category Placement: Canadian Neutral Balanced

Fund: Empire Life Emblem Conservative Port A
Category Placement: Canadian Fixed Income Balanced

Fund: Empire Life Emblem Growth Portfolio A
Category Placement: Canadian Equity Balanced

Fund: Empire Life Emblem Moderate Gr Port A
Category Placement: Canadian Equity Balanced

Fund: Empire Life Money Market Mutual Fund
Category Placement: Canadian Money Market

Fund: Empire Life Monthly Income A
Category Placement: Canadian Neutral Balanced

Fund: Empire Life Small Cap Equity A
Category Placement: Canadian Small/Mid Cap Equity

Fund: Fidelity Asset Allocation CN PP-B
Category Placement: Global Equity Balanced

Fund: Fidelity Asset Allocation PP-B
Category Placement: Global Equity Balanced

Fund: Fiera Sceptre Balanced Core
Category Placement: Global Neutral Balanced

Fund: Galileo Grizzly Fund
Category Placement: Alternative Strategies

Fund: Galileo Partners Fund
Category Placement: Alternative Strategies

Fund: Garrison Hill Fund Class A
Category Placement: Alternative Strategies

Fund: Hexavest ACWI
Category Placement: Global Equity

Fund: IA SRP Global Equity (Radin)
Category Placement: Global Equity

Fund: IA SRP Global Equity (Radin) Hybrid 75/25
Category Placement: Global Equity Balanced

Fund: IA SRP Real Return Bond
Category Placement: Canadian Inflation Protected Fixed Income

Fund: IA SRP Strategic Corporate Bond
Category Placement: High Yield Fixed Income

Fund: IA SRP Strategic Income
Category Placement: Canadian Neutral Balanced

Fund: Integra Diversified Private Trust-PF
Category Placement: Global Neutral Balanced

Fund: Integra Gr & Inc Diversified Private Tr
Category Placement: Tactical Balanced

Fund: Integra Lincluden Private Trust
Category Placement: Global Neutral Balanced

Fund: Lester Canadian Equity Fund
Category Placement: Canadian Equity

Fund: Mac Symmetry One Reg Ultra Conservative
Category Placement: Global Fixed Income Balanced

Fund: Mac Symmetry One Ultra Conservative
Category Placement: Global Fixed Income Balanced

Fund: Maritime Life Elite Port Monthly High Income Seg
Category Placement: Canadian Neutral Balanced

Fund: Maritime Life Elite Port Simplicity Aggressive Pt
Category Placement: Canadian Focused Equity

Fund: Maritime Life Elite Portfolio Bond Segregated Fund
Category Placement: Canadian Fixed Income

Fund: Maritime Life Elite Portfolio Money Segregated Fd
Category Placement: Canadian Money Market

Fund: Maritime Life Triflex Bond Fund
Category Placement: Canadian Fixed Income

Fund: O’Leary Canadian Diversified Income Fund (ODI)
Category Placement: Canadian Dividend & Income Equity

Fund: PowerShares S&P 500 Low Volatility – ULV
Category Placement: U.S Equity

Fund: PowerShares Senior Loan (CAD Hdg) Index ETF-BKL
Category Placement: Miscellaneous – Income & Real Property

Fund: PRO Fundamental Balanced Index Fund
Category Placement: Canadian Equity Balanced

Fund: PRO Fundamental Bond Index Fund
Category Placement: Canadian Fixed Income

Fund: PS FTSE RAFI Canadian ETF
Category Placement: Canadian Equity

Fund: PS FTSE RAFI US (CAD Hedged) ETF
Category Placement: U.S. Equity

Fund: Russell Global High Income Bd Pool Ser A
Category Placement: High Yield Fixed Income

Fund: Russell LifePoints BalInc Cl Pt B
Category Placement: Global Fixed Income Balanced

Fund: Russell LifePoints Conservative Income
Category Placement: Canadian Fixed Income Balanced

Fund: Russell LifePoints Fixed Income Portfolio
Category Placement: Canadian Fixed Income

Fund: Scotia Private Cdn Preferred Share Pool
Category Placement: Canadian Dividend & Income Equity

Fund: Scotia Private US Dividend Pool
Category Placement: US Equity

Fund: Sun Life Managed Balanced Growth Portfolio
Category Placement: Global Equity Balanced

Fund: Sun Life Managed Balanced Portfolio
Category Placement: Global Neutral Balanced

Fund: Sun Life Managed Conservative Portfolio
Category Placement: Global Fixed Income Balanced

Fund: Sun Life Managed Growth Portfolio
Category Placement: Global Equity Balanced

Fund: Sun Life Managed Moderate Portfolio
Category Placement: Global Neutral Balanced

Fund: TD Advantage Aggressive Growth Pt
Category Placement: Global Equity

Fund: Working Opportunity Fund Commercialization 12
Category Placement: Retail Venture Capital

2011

Dec

Results of New Fund Reviews – Dec 15, 2011

Fund: BMO Advantage YIELD 5Yr Series 15
Category Placement: Miscellaneous – Other

Fund: BMO Asset Management Balanced Fund
Category Placement: Canadian Equity Balanced

Fund: Canoe ‘GO CANADA’ Income Fund
Category Placement: Canadian Equity Balanced

Fund: Claymore Managed Futures ETF
Category Placement: Alternative Strategies

Fund: Dynamic Dividend Advantage Class
Category Placement: Canadian Dividend & Income Equity

Fund: Dynamic Strategic Resources Class
Category Placement: Natural Resources Equity

Fund: Fidelity Asset Allocation Currency Neutral
Category Placement: Canadian Equity Balanced

Fund: Fidelity Asset Allocation Private Pool
Category Placement: Canadian Equity Balanced

Fund: Fidelity Emerging Markets Debt Investment Trust
Category Placement: High Yield Fixed Income

Fund: Fidelity High Inc Commercial Real Est Inv Trust
Category Placement: Real Estate Equity

Fund: Greystone EAFE Growth
Category Placement: International Equity

Fund: Greystone Global Income & Growth
Category Placement: Global Equity

Fund: Greystone International Equity
Category Placement: International Equity

Fund: Greystone International Income & Growth
Category Placement: International Equity

Fund: IA Canadian Equity (Beutel Goodman) – PF
Category Placement: Canadian Equity

Fund: IA Canadian Equity Index (TD) – PF
Category Placement: Canadian Equity

Fund: IA Canadian Equity Q 120/20 (CC&L) – PF
Category Placement: Alternative Strategies

Fund: IA Emerging Markets (Templeton) – PF
Category Placement: Emerging Markets Equity

Fund: IA Global Equity (Sprucegrove) – PF
Category Placement: Global Equity

Fund: IA Global Equity – PF
Category Placement: Global Equity

Fund: IA Global Infrastructure (Lazard)
Category Placement: Global Equity

Fund: IA International Equity (Sprucegrove) – PF
Category Placement: International Equity

Fund: IA International Equity – PF
Category Placement: International Equity

Fund: IA US Equity (Sprucegrove) – PF
Category Placement: U.S. Equity

Fund: IA US Equity Index (BlackRock) – PF
Category Placement: U.S. Equity

Fund: IG Putnam US Growth A
Category Placement: U.S. Equity

Fund: ING DIRECT Streetwise Equity Growth Fund
Category Placement: Global Equity

Fund: Investors Core Canadian Equity A
Category Placement: Canadian Equity

Fund: Investors Core US Equity A
Category Placement: U.S. Equity

Fund: iShares DEX Floating Rate Note Index Fund
Category Placement: Miscellaneous – Income & Real Property

Fund: Manulife Long Term Bond Fund
Category Placement: Canadian Long Term Fixed Income

Fund: Maple Leaf Resource Class
Category Placement: Natural Resource Equity

Fund: Stone 2011 Flow-Through LP
Category Placement: Miscellaneous – Other

Fund: TD Comfort Conservative Income Portfolio
Category Placement: Canadian Fixed Income Balanced

Fund: TD Global Low Volatility – A
Category Placement: Global Equity

Fund: Topaz Multi Strategy Fund
Category Placement: Alternative Strategies

Fund: UBS (Canada) Cash in Action
Category Placement: Canadian Short-Term Fixed Income

Nov

Results of New Fund Reviews – Nov 24, 2011

Fund: Aston Hill Global Convertible Bond Fund
Category Placement: High Yield Fixed Income

Fund: BMO LifeStage 2017 Class
Category Placement: 2020 Target Date Portfolio

Fund: BMO LifeStarge 2020 Class
Category Placement: 2020 Target Date Portfolio

Fund: BMO LifeStage 2025 Class
Category Placement: 2025 Target Date Portfolio

Fund: BMO LifeStage 2030 Class
Category Placement: 2025+ Target Date Portfolio

Fund: BMO LifeStage 2035 Class
Category Placement: 2025+ Target Date Portfolio

Fund: BMO LifeStage 2040 Class
Category Placement: 2025+ Target Date Portfolio

Fund: Canoe ‘GO CANADA’ Energy and Oil Sands Trust
Category Placement: Natural Resources Equity

Fund: Canoe ‘GO CANADA’ Enervest Diversified Income Trust
Category Placement: Canadian Equity

Fund: Canoe ‘GO CANADA’ Strategic Resources Income Fund
Category Placement: Natural Resources Equity

Fund: Chorus II Balanced Growth Portfolio
Category Placement: Global Neutral Balanced

Fund: Chorus II Balanced Income Portfolio
Category Placement: Canadian Fixed Income Balanced

Fund: Chorus II Conservative Portfolio
Category Placement: Canadian Fixed Income Balanced

Fund: Chorus II Growth Portfolio
Category Placement: Global neutral Balanced

Fund: Chorus II High Growth Portfolio
Category Placement: Global Equity Balanced

Fund: Chorus II Maximum Growth Portfolio
Category Placement: Global Equity Balanced

Fund: CI Cambridge Monthly Income Fund
Category Placement: Canadian Neutral Balanced

Fund: CI Signature High Yield Bond Fund
Category Placement: High Yield Fixed Income

Fund: Guardian Global Dividend Growth Equity Class
Category Placement: Global Equity

Fund: Harmony Diversified Income Pool
Category Placement: Canadian Equity Balanced

Fund: Harmony Global Fixed Income Pool
Category Placement: Global Fixed Income

Fund: Manulife PensionBuilder
Category Placement: (Deferred)

Fund: Matrix Covered Call Canadian Banks Plus Fund
Category Placement: Alternative Strategies

Fund: Matrix Dow Jones Canada High Dividend 50 Fund
Category Placement: Canadian Dividend & Income Equity

Fund: Matrix S&P/TSX Cdn Dividend Aristocrats Fund
Category Placement: Canadian Dividend & Income Equity

Fund: O’Leary Conservative Income Fund
Category Placement: Canadian Fixed Income Balanced

Fund: Vanguard Canadian Aggregated Bond index ETF
Category Placement: Canadian Fixed Income

Fund: Vanguard Canadian Short-Term Bond Index ETF
Category Placement: Canadian Short Term Fixed Income

Fund: Vanguard MSCI Canada Index ETF
Category Placement: Canadian Equity

Fund: Vanguard MSCI EAFE Index ETF (CAD-Hedged)
Category Placement: International Equity

Fund: Vanguard MSCI Emerging Markets Index ETF
Category Placement: Emerging Markets Equity

Fund: Vanguard MSCI U.S. Broad market Index ETF (CAD-Hedged)
Category Placement: U.S. Equity

Fund: XTF Capital – Tech Giants Covered Call ETF Common
Category Placement: North American Equity

Oct

Results of New Fund Reviews – Oct 27, 2011

Fund: Advantage Structured Fund
Category Placement: Retail Venture Capital

Fund: BMO Canadian Dividend ETF
Category Placement: Canadian Divided & Income Equity

Fund: BMO Covered Call DJIA ETF
Category Placement: Alternative Strategies

Fund: BMO Covered Call Utilities ETF
Category Placement: Alternative Strategies

Fund: BMO High Beta Canadian Equity ETF
Category Placement: Canadian Equity

Fund: BMO Low Vol Canadian Equity ETF
Category Placement: Canadian Equity

Fund: Castlerock Global High Income Fund
Category Placement: High Yield Fixed Income

Fund: Claymore 1-10 Yr Laddered Corp Bond ETF
Category Placement: Canadian Fixed Income

Fund: Claymore 1-10 Yr Laddered Govt Bond ETF
Category Placement: Canadian Fixed Income

Fund: Covington Fund II Series II (LSVCC)
Category Placement: Retail Venture Capital

Fund: Crystal Wealth Strategic Yield Media Fund
Category Placement: Miscellaneous – Other

Fund: DFA Global Balanced Class – A
Category Placement: Global Neutral Balanced

Fund: DFA Global Conservative Class – A
Category Placement: Global Fixed Income

Fund: DFA Global Equity Class – A
Category Placement: Global Equity

Fund: Dynamic Global Asset Allocation Class
Category Placement: Global Equity Balanced

Fund: Dynamic Alternative Yield
Category Placement: Canadian Equity Balanced

Fund: Dynamic Corporate Bond Strategies Fund
Category Placement: Global Fixed Income

Fund: Dynamic Strategic Global Bond Fund
Category Placement: Global Fixed Income

Fund: Ethical Select Income Portfolio
Category Placement: Canadian Fixed Income Balanced

Fund: Excel Blue Chip Emerging Markets Fund
Category Placement: Global Equity

Fund: Fiera Sceptre Canadian Equity Fund
Category Placement: Canadian Equity

Fund: Harvest Banks and Building Income Fund
Category Placement: North America Equity

Fund: Hexavest Emerging Markets
Category Placement: Emerging Markets Equity

Fund: Horizons Enhanced Income International Equity ETF (HEJ)
Category Placement: International Equity

Fund: Horizons Enhanced Income US Equity (USD) ETF
Category Placement: U.S. Equity

Fund: HSBC Emerging Markets Debt Fund Investor Series
Category Placement: High Yield Fixed Income

Fund: IA Canadian Equity (Beutal Goodman0
Category Placement: Canadian Equity

Fund: IA Canadian Equity Index (TD)
Category Placement: Canadian Equity

Fund: IA Global Equity (Sprucegrove)
Category Placement: Global Equity

Fund: IA International Equity
Category Placement: International Equity

Fund: IA International Equity (Sprucegrove)
Category Placement: International Equity

Fund: IA U.S. Equity
Category Placement: U.S. Equity

Fund: IA U.S. Equity (Sprucegrove)
Category Placement: U.S. Equity

Fund: Majestic Global Diversified Fund
Category Placement: Alternative Strategies

Fund: Manulife Asia Equity Class Series Adv
Category Placement: Asia Pacific Equity

Fund: Manulife Asia Total Return Bond Ser Adv
Category Placement: Global Fixed Income

Fund: Manulife Diversified Strategies Ser Adv
Category Placement: Global Fixed Income Balanced

Fund: Manulife Global Focused Balanced Ser Adv
Category Placement: Global Neutral Balanced

Fund: Manulife Global Small Cap Balanced Ser Adv
Category Placement: Global Small/Mid Cap Equity

Fund: Manulife High Yield Bond Series Advisor
Category Placement: High Yield Fixed Income

Fund: Manulife Leveraged Company Class Adv Ser
Category Placement: Global Equity

Fund: Manulife U.S. Large Cap Equity Adv Ser
Category Placement: U.S. Equity

Fund: McLean Budden Global Bond Fund Cl A
Category Placement: Global Fixed Income

Fund: McLean Budden Real Return Bond Cl A
Category Placement: Canadian Inflation Protected Fixed Income

Fund: Meritage High-Interest Cash Performer
Category Placement: Canadian Money Market

Fund: PH&N Overseas Equity Class
Category Placement: International Equity

Fund: PH&N Total Return Bond Class
Category Placement: Canadian Fixed Income

Fund: PH&N U.S. Multi-Style All-Cap Eq Cl
Category Placement: U.S. Equity

Fund: Picton Mahoney Long Short Emerging Market Fund
Category Placement: Alternative Strategies

Fund: RBC Canadian Dividend Class
Category Placement: Canadian Dividend & Income Equity

Fund: RBC Canadian Equity Class
Category Placement: Canadian Equity

Fund: RBC Canadian Equity Income Class
Category Placement: Canadian Dividend & income Equity

Fund: RBC Canadian Mid Cap Equity Class
Category Placement: Canadian Small/Mid Cap Equity

Fund: RBC Emerging Markets Equity Class
Category Placement: Emerging Markets Equity

Fund: RBC Global Resources Class
Category Placement: Natural Resources Equity

Fund: RBC High Yield Bond Class
Category Placement: High Yield Fixed Income

Fund: RBC Investment Savings Account – US Corp Series F
Category Placement: U.S. Money Market

Fund: RBC North American Value Class
Category Placement: Canadian Focused Equity

Fund: RBC Short Term Income Class
Category Placement: Canadian Short Term Fixed Income

Fund: RBC Target 2015 Education Fund
Category Placement: 2015 Target Date Portfolio

Fund: RBC Target 2020 Education Fund
Category Placement: 2020 Target Date Portfolio

Fund: RBC Target 2025 Education Fund
Category Placement: 2025 Target Date Portfolio

Fund: RBC U.S. Equity Class
Category Placement: U.S. Equity

Fund: Redwood Absolute Return
Category Placement: Alternative Strategies

Fund: Renaissance Canadian All-Cap Equity Cl A
Category Placement: Canadian Equity

Fund: Renaissance Optimal Infl Opps Port Cl A
Category Placement: Tactical Balanced

Fund: Sprott Resource Class
Category Placement: Natural Resource Equity

Fund: SunWise Elite Select income Advantage Managed
Category Placement: Canadian Fixed income Balanced

Fund: TD Emerald Low Volatility Canadian Equity Pooled Fund Trust
Category Placement: Canadian Equity

Fund: TerraTundra Equity Income Fund
Category Placement: Canadian Dividend & Income Equity

Sep

Results of New Fund Reviews – Sep 22, 2011

Fund: Aberdeen Canada – EAFE Plus Equity
Category Placement: International Equity

Fund: Aberdeen Canada – Emerging Markets
Category Placement: Emerging Markets Equity

Fund: Aberdeen Canada – Global Equity
Category Placement: Global Equity

Fund: Aberdeen Canada – Socially Rspnb Global
Category Placement: Global Equity

Fund: Aberdeen Canada – Socially Rspnb Intl
Category Placement: Global Equity

Fund: CI Black Creek Global Balanced Corporate Class
Category Placement: Global Equity Balanced

Fund: CI Black Creek Global Leaders Corporate Class
Category Placement: Global Equity

Fund: CI Black Creek International Equity Corp Cl
Category Placement: International Equity

Fund: Claymore S&P US Dividend Growers ETF Comm
Category Placement: U.S. Equity

Fund: Exemplar Global Infrastructure Fund
Category Placement: Global Equity

Fund: Fidelity American High Yield Capital yield
Category Placement: High Yield Fixed Income

Fund: Fidelity Canadian Bond Capital Yield Fund
Category Placement: Canadian Fixed Income

Fund: Floating Rate Income Fund (OFR)
Category Placement: High Yield Fixed Income

Fund: GrowthWorks Commercialization Fund 512
Category Placement: Retail Venture Capital

Fund: Horizons BetaPro COMEX Long Gold/Short Silver Spread ETF
Category Placement: Alternative Strategies

Fund: Horizons BetaPro COMEX Long Silver/Short Gold Spread ETF
Category Placement: Alternative Strategies

Fund: IA Clarington Strategic Corporate Bond Fund
Category Placement: High Yield Fixed Income

Fund: iShares DEX Short Term Corp Univ+Maple Bond Index Fund
Category Placement: Canadian Fixed Income

Fund: iShares S&P/TSX Venture Index Fund
Category Placement: Canadian Small/Mid Cap Equity

Fund: Leith Wheeler Constrained Fixed Income A
Category Placement: Canadian Fixed Income

Fund: Leith Wheeler Diversified Pooled Ser A
Category Placement: Canadian Neutral Balanced

Fund: Leith Wheeler Long Term Bond Pooled A
Category Placement: Canadian Long Term Fixed Income

Fund: Leith Wheeler Special Canadian Pooled A
Category Placement: Canadian Small/Mid Cap Equity

Fund: Leith Wheeler Total Return Bond Pooled A
Category Placement: Canadian Fixed Income

Fund: Leith Wheeler Total Return long Bond A
Category Placement: Canadian Long Term Fixed Income

Fund: Leith Wheeler US Pension Pooled Series A
Category Placement: U.S. Equity

Fund: Natcan LDI 2X Federal Real Return Bond
Category Placement: Miscellaneous – Leveraged

Fund: Natcan LDI 2X Provincial Bond 20+ Years
Category Placement: Miscellaneous – Leveraged

Fund: Natcan LDI Corp Bond “A” & Over 10+ Years
Category Placement: Canadian Long Term Fixed Income

Fund: Natcan LDI Provincial Bond 10-20 Years
Category Placement: Canadian Long Term Fixed Income

Fund: Natcan LDI Provincial Bond 20+ Years
Category Placement: Canadian Long Term Fixed Income

Fund: Norrep Short Term Income Fund
Category Placement: Canadian Short Term Fixed Income

Fund: Norrep Tactical Opportunities Class
Category Placement: Tactical Balnaced

Fund: Raven Rock Income Fund
Category Placement: Alternative Strategies

Fund: RBC Target 2013 Corporate Bond ETF
Category Placement: 2015 Target Date

Fund: RBC Target 2014 Corporate Bond ETF
Category Placement: 2015 Target Date

Fund: RBC Target 2015 Corporate Bond ETF
Category Placement: 2015 Target Date

Fund: RBC Target 2016 Corporate Bond ETF
Category Placement: 2020 Target Date

Fund: RBC Target 2017 Corporate Bond ETF
Category Placement: 2020 Target Date

Fund: RBC Target 2018 Corporate Bond ETF
Category Placement: 2020 Target Date

Fund: RBC Target 2019 Corporate Bond ETF
Category Placement: 2020 Target Date

Fund: RBC Target 2020 Corporate Bond ETF
Category Placement: 2020 Target Date

Fund: Standard Life SI Global Absolute Return Strategies
Category Placement: Alternative Strategies

Fund: Standard Life SI Ideal DyEd Bal Gr 100
Category Placement: Global Neutral Balanced

Fund: Standard Life SI Ideal Dyn Agr Bdl 100
Category Placement: Global Equity Balanced

Fund: Standard Life SI Ideal Dyn Mod Bdl 100
Category Placement: Canadian Fixed Income Balanced

Fund: Standard Life SI Ideal Dyn Pwr Bal 100
Category Placement: Canadian Neutral Balanced

Fund: Standard Life SI Ideal Meritas Gr & Inc 100
Category Placement: Canadian Equity Balanced

Fund: Standard life SI Ideal Meritas Inc & Gr 100
Category Placement: Canadian Neutral Balanced

Fund: Standard Life SI Ideal Meritas Bal 100
Category Placement: Canadian neutral Balanced

Fund: Sun Life McLean Budden Monthly Income Fund
Category Placement: Global Neutral Balanced

Fund: Sun Life Tradewinds Emerging Markets Fund
Category Placement: Emerging Markets Equity

Fund: TD Target Return Balanced Fund
Category Placement: Tactical Balanced

Fund: TD Target Return Conservative Fund
Category Placement: Tactical Balanced

Aug

Results of New Fund Reviews – Aug 25, 2011

Fund: AlphaNorth Growth Series A
Category Placement: Canadian Small/Mid Cap Equity

Fund: Aston Hill Global Resource Corporate Class
Category Placement: Natural Resources Equity

Fund: Aston Hill Growth & Income Corp Class
Category Placement: Global Equity Balanced

Fund: Aston Hill Money Market Corp Class
Category Placement: Canadian Money Market

Fund: Black Creek Global Balanced Corp Class A
Category Placement: Global Equity Balanced

Fund: Black Creek Global Leaders Corp Class A
Category Placement: Global Equity

Fund: Black Creek Int’l Equity Corp Class A
Category Placement: International Equity

Fund: CI Harbour Voyageur Corp Class A
Category Placement: Canadian Equity

Fund: DFA Global Balanced Fund
Category Placement: Global Neutral Balanced

Fund: DFA Global Equity Fund
Category Placement: Global Equity

Fund: Fiera Sceptre Tactical Bond Yield Fund
Category Placement: Alternative Strategies

Fund: First Trust Advantaged Short Duration H-Yield Bd
Category Placement: High Yield Fixed Income

Fund: Horizons Australian Dollar Currency ETF
Category Placement: Miscellaneous – Other

Fund: Manulife International Value Equity Fund
Category Placement: International Equity

Fund: Manulife U.S. All Cap Equity Fund
Category Placement: U.S. Equity

Fund: Manulife Value Balanced Fund Advisor Series
Category Placement: Global Equity Balanced

Fund: Meritas Growth Portfolio
Category Placement: Global Equity Balanced

Fund: Meritas Income & Growth Portfolio
Category Placement: Canadian Fixed Income Balanced

Fund: Norrep Market Neutral Income Fund
Category Placement: Alternative Strategies

Fund: O’Leary Global Bond Yield Advantaged Fund
Category Placement: Global Fixed Income

Fund: PowerShares QQQ Class Series A
Category Placement: U.S. Equity

Fund: RBC Canadian Mid Cap Equity Class
Category Placement: Canadian Small/Mid Cap Equity

Fund: RBC Short Term Income Class
Category Placement: Canadian Short Term Fixed Income

Fund: TD Target Return Balanced Fund
Category Placement: Tactical Balanced Fund

Fund: TD Target Return Conservative Fund
Category Placement: Tactical Balanced Fund

Fund: TD U.S. Monthly Income Fund
Category Placement: Global neutral Balanced

Fund: TD U.S. Large-Cap Value $US
Category Placement: U.S. Equity

Fund: TD U.S. Mid-Cap Growth $US – A
Category Placement: U.S. Small/Mid Cap Equity

Fund: Templeton Frontier Markets Corp Cl A
Category Placement: Emerging Markets Equity

Fund: Yorkville Enhanced Protection Fund
Category Placement: Global Equity

Fund: Yorkville Global Opportunities Fund
Category Placement: Tactical Balanced

Jul

Results of New Fund Reviews – Jul 28, 2011

Fund: Arrow Special Opportunities Fund
Category Placement: Alternative Strategies

Fund: Aston Hill Global Convertible Bond Fund
Category Placement: High Yield Fixed Income

Fund: Beutel Goodman Global Fund
Category Placement: Global Equity

Fund: BlueBay Global Monthly Income Bond
Category Placement: Global Fixed Income

Fund: Brandes Sionna Monthly Income Fund
Category Placement: Canadian Neutral Balanced

Fund: DFA Canadian Vector Equity Fund
Category Placement: Canadian Equity

Fund: Front Street Global Opportunities Fund
Category Placement: Global Equity

Fund: Front Street Growth and Income Fund
Category Placement: Alternative Strategies

Fund: Front Street Value Fund
Category Placement: Canadian Focused equity

Fund: HBP COMEX Gold Inverse ETF
Category Placement: Alternative Strategies

Fund: HBP COMEX Long Gold/Short Silver Spread ETF
Category Placement: Alternative Strategies

Fund: HBP COMEX Long Silver/Short Gold Spread ETF
Category Placement: Alternative Strategies

Fund: HBP COMEX Silver Inverse ETF
Category Placement: Alternative Strategies

Fund: Horizons Enhanced .U.S.Equity Inc
Category Placement: U.S. Equity

Fund: Mac Universal Canadian Shield Fund
Category Placement: Canadian Equity

Fund: Manulife Emerging Markets Bal Fund
Category Placement: Global Neutral Balanced

Fund: Manulife Emerging Markets Debt Fund
Category Placement: High Yield Fixed Income

Fund: Manulife Emerging Markets Eq Class
Category Placement: Emerging Market Equity

Fund: Meritas Income Portfolio
Category Placement:  Canadian Fixed Income Balanced

Fund: Meritas Maximum Growth Portfolio
Category Placement:  Global Equity

Fund: Middlefield ENERGY INDEXPLUS Dividend Fund
Category Placement:  Natural Resources Equity

Fund: OceanRock Income Portfolio
Category Placement:  Canadian Fixed income Balanced

Fund: O’Leary BRIC-PLUS Strategic Yield Fund
Category Placement:  Emerging Market Equity

Fund: O’Leary Convertible Debentures Yield Fund
Category Placement:  High Yield Fixed Income

Fund: O’Leary Floating Rate Yield Fund
Category Placement:  Global Fixed Income

Fund: PH&N 2015 LifeTime Fund – D
Category Placement: 2015 Target Date Portfolio

Fund: PH&N 2020 LifeTime Fund – D
Category Placement: 2020 Target Date Portfolio

Fund: PH&N 2025 LifeTime Fund – D
Category Placement: 2025 Target Date Portfolio

Fund: PH&N 2030 LifeTime Fund – D
Category Placement: 2025+ Target Date Portfolio

Fund: PH&N 2035 LifeTime Fund – D
Category Placement: 2025+ Target Date Portfolio

Fund: PH&N 2040 LifeTime Fund – D
Category Placement: 2025+ Target Date Portfolio

Fund: PH&N 2045 LifeTime Fund – D
Category Placement: 2025+ Target Date Portfolio

Fund: QV Canadian Bond Fund
Category Placement: Canadian Fixed Income

Fund: Scotia Income Advantage Fund
Category Placement: Global Neutral Balanced

Fund: Scotia U.S. $ Balanced Fund
Category Placement: Global Neutral Balanced

Fund: Standard Life Canadian Equity Growth
Category Placement: Canadian Equity

Fund: Standard Life Canadian Equity Value
Category Placement: Canadian Equity

Fund: Standard Life Global Equity Growth
Category Placement: Global Equity

Jun

Results of New Fund Reviews – Jun 23, 2011

Fund: BlueBay Global Monthly Income Bond Fund
Category Placement: Global Fixed Income

Fund: Can-Materials Income ETF
Category Placement: Natural Resources Equity

Fund: Claymore Advantaged Convertible Bond ETF
Category Placement: High Yield Fixed Income

Fund: Exemplar Market Neutral Portfolio Series B
Category Placement: Alternative Strategies

Fund: Gryphon Balanced
Category Placement: Global Equity Balanced

Fund: Gryphon Canadian Equity
Category Placement: Canadian Equity

Fund: McLean Budden Responsible Balanced
Category Placement: Global Neutral Balanced

Fund: Middlefield ActiveIndex REIT Class
Category Placement: Real Estate Equity

Fund: MLI Strategic Income Opportunitites Fund (MSO.UN)
Category Placement: Canadian Fixed Income

Fund: Norrep Global Income Growth Class
Category Placement: Global Equity Balanced

Fund: Norrep High Yield Class
Category Placement: High Yield Fixed Income

Fund: OceanRock Balanced Portfolio Series A
Category Placement: Global Neutral Balanced

Fund: OceanRock Growth Portfolio Series A
Category Placement: Global Equity Balanced

Fund: PowerShares Fdmtl Hi Yield Corp Bond (CH) Idx ETF
Category Placement: High Yield Fixed Income

Fund: PowerShares QQQ (CAD Hedged) Index ETF
Category Placement: U.S. Equity

Fund: PowerShares Ultra DLUX Long Term Govt Bond Idx ETF
Category Placement: Canadian Long Term Fixed Income

Fund: RBC Institutional Cash Fund Series O
Category Placement: Canadian Money Market

Fund: RBC Institutional Government – Plus Cash Fund Sr O
Category Placement: Canadian Money Market

Fund: RBC Institutional Long Cash Fund Series O
Category Placement: Canadian Short Term Fixed Income

Fund: RBC Investment Savings Account Series A
Category Placement: Canadian Money Market

Fund: Russell Smaller Companies Class Series B C$
Category Placement: Canadian Small/Mid Cap Equity

Fund: Sentry Diversified Total Return Cl
Category Placement: Canadian Focused Equity

Fund: Sentry U.S. Growth and Income Fund
Category Placement: U.S. Equity

Fund: Sprott Tactical Balanced Fund Series A
Category Placement: Tactical Balanced

Fund: TD U.S. Monthly Income Fund – I U$
Category Placement: U.S. Equity

Fund: XTF Capital – Can-60 Income ETF
Category Placement: Canadian Equity

Fund: XTF Capital – Canadian Convertible Liquid Univ
Category Placement: High Yield Fixed Income

Fund: XTF Capital – Can-Energy Income ETF
Category Placement: Natural Resources Equity

Fund: XTF Capital – Can-Financial Income ETF
Category Placement: Financial Services Equity

May

Results of New Fund Reviews – May 26, 2011

Fund: Claymore Advant Sht Dur ETF $US-Adv
Category Placement: High Yield Fixed Income

Fund: Co-operators Acuity Clean Environment Equity Fund
Category Placement: Canadian Focused Small/Mid Cap Equity

Fund: Co-operators Acuity Social Values Canadian Equity Fund
Category Placement: Canadian Focused Equity

Fund: Co-operators Acuity Social Values Global Equity Fund
Category Placement: Global Equity

Fund: Co-operators Acuity Social Values Balanced Fund
Category Placement: Canadian Equity Balanced

Fund: Co-operators SRI Aggressive Portfolio
Category Placement: Global Equity Balanced

Fund: Co-operators SRI Moderate Portfolio
Category Placement: Canadian Neutral Balanced

Fund: Co-operators SRI Very Aggressive Portfolio
Category Placement: Global Equity Balanced

Fund: BlackRock CDN MSCI ACWI ex-Canada Index
Category Placement: Global Equity

Fund: Desjardins Financial BlackRock LifePath 2015 Idx
Category Placement: 2015 Target Date Portfolio

Fund: Desjardins Financial BlackRock LifePath 2020 Idx
Category Placement: 2020 Target Date Portfolio

Fund: Desjardins Financial BlackRock LifePath 2025 Idx
Category Placement: 2020+ Target Date Portfolio

Fund: Desjardins Financial BlackRock LifePath 2030 Idx
Category Placement: 2020+ Target Date Portfolio

Fund: Desjardins Financial BlackRock LifePath 2035 Idx
Category Placement: 2020+ Target Date Portfolio

Fund: Financial BlackRock LifePath 2040 Idx
Category Placement: 2020+ Target Date Portfolio

Fund: Desjardins Financial BlackRock LifePath 2045 Idx
Category Placement: 2020+ Target Date Portfolio

Apr

Results of New Fund Reviews – Apr 28, 2011

Fund: Assumption Life Balanced Growth Port A
Category Placement: Canadian Equity Balanced

Fund: Assumption Life Balanced Portfolio Ser A
Category Placement: Canadian Neutral Balanced

Fund: Assumption Life Conservative Portfolio A
Category Placement: Canadian Fixed Income Balanced

Fund: Assumption Life Growth Portfolio Ser A
Category Placement: Canadian Focused Equity

Fund: Claymore Gold Bullion ETF
Category Placement: Miscellaneous – Commodity

Fund: DFS BlackRock LifePath Rtr Idx I
Category Placement: Canadian Short Term Fixed Income

Fund: Dynamic American Value Class
Category Placement: U.S. Equity

Fund: Dynamic Focus+ Balanced Class
Category Placement: Canadian Neutral Balanced

Fund: Educators Bond Fund
Category Placement: Canadian Fixed income

Fund: Educators Monthly Income Fund
Category Placement: Canadian Neutral Balanced

Fund: Fidelity Global Small Cap Fund
Category Placement: Global Small/Mid Cap Equity

Fund: Fidelity Tactical Strategies Fund
Category Placement: Tactical Balanced

Fund: Horizons AlphaPro Enhanced Income Gold Producers ETF
Category Placement: Alternative Strategies

Fund: Horizons AlphaPro Enhanced Income ETF
Category Placement: Canadian Equity

Fund: Horizons AlphaPro Enhanced Income Energy ETF
Category Placement: Alternative Strategies

Fund: Horizons Australian Dollar Currency
Category Placement: Miscellaneous – Other

Fund: Horizons U.S> Dollar Currency ETF
Category Placement: Miscellaneous – Other

Fund: Investors Fixed Income Flex Portfolio A
Category Placement: Canadian Fixed Income

Fund: iShares JPMorgan USD EM Bond Index Fund (CAD – Hedged)
Category Placement: Global Fixed Income

Fund: iShares S&P Global Healthcare Index Fund (CAD – Hedged)
Category Placement: Health Care Equity

Fund: iShares S&P/TSX Capped Consumer Staples Index Fund
Category Placement: Miscellaneous – Sector Equity

Fund: iShares S&P/TSX Capped Utilities Index Fund
Category Placement: Miscellaneous – Sector Equity

Fund: iShares S&P/TSX Equity Income Index Fund
Category Placement: Canadian Equity

Fund: iShares S&P/TSX Global Base Metals Index Fund
Category Placement: Natural Resources Equity

Fund: McLean Budden Global Bond Fund
Category Placement: Global Fixed Income

Fund: McLean Budden Real Return Bond Fund
Category Placement: Canadian inflation Protected Fixed Income

Fund: Meritas Growth & income Portfolio
Category Placement: Canadian Equity Balanced

Fund: Sun Life BlackRock Canadian Balanced Fund
Category Placement: Canadian Equity Blanced

Fund: Sun Life BlackRock Canadian Equity Fund
Category Placement: Canadian Equity

Fund: Sun Life McLean Budden Canadian Bond Fund
Category Placement: Canadian Fixed Income

Mar

Results of New Fund Reviews – Mar 24, 2011

Fund: CIBC U.S. Dollar Managed Growth Portfolio Class
Category Placement: Global Equity Balanced

Fund: Claymore Short Duration HighInc ETF
Category Placement: High Yield Fixed Income

Fund: Faircourt Metal Plus Income
Category Placement: Miscellaneous – Undisclosed Holdings

Fund: Fidelity Global Large Cap Fund Series A C$
Category Placement: Global Equity

Fund: Fidelity NorthStar Currency Neutral Class Ser A C$
Category Placement: Global Equity

Fund: HAP Enhanced Income Equity ETF
Category Placement: Canadian Equity

Fund: HBP Junior Oil and Gas Index
Category Placement: Natural Resources Equity

Fund: HSBC Emerging Markets Debt Pooled
Category Placement: High Yield Fixed Income

Fund: MAM International Equity Index Pooled
Category Placement: International Equity

Fund: MAM Strategic Income Opportunities Pooled Fund
Category Placement: Canadian Fixed Income

Fund: O’Leary Global Equity Income Fund
Category Placement: Miscellaneous – Undisclosed Holdings

Fund: O’Leary Strategic Yield Plus Fund Founder’s Series
Category Placement: Global Equity Balanced

Fund: Pyramis Select Intl Plus Equity Trust
Category Placement: International Equity

Fund: RBC U.S. Investment Savings Account
Category Placement: U.S. Money Market

Feb

Results of New Fund Reviews – Feb 24, 2011

Fund: Arrow East Coast Investment Grade Fund Class A
Category Placement: Alternative Strategies

Fund: Aventine BTH Tactical Growth A
Category Placement: North American Equity

Fund: Canoe ‘GO CANADA’ Canadian Asset Allocation Cl A
Category Placement: Canadian Equity Balanced

Fund: Canoe ‘GO CANADA’ Canadian Energy Class A
Category Placement: Natural Resources Equity

Fund: Canoe ‘GO CANADA’ Canadian Equity Class A
Category Placement: Canadian Equity

Fund: Canoe ‘GO CANADA’ Canadian Money Market Cl A
Category Placement: Canadian Money Market

Fund: Canoe ‘GO CANADA’ Canadian Monthly Income Class A
Category Placement: Canadian Neutral Balanced

Fund: Castlerock Canadian Growth Companies Fund Series A
Category Placement: Canadian Equity

Fund: Castlerock Enhanced Yield Fund Series A
Category Placement: Tactical Balanced

Fund: Castlerock Pure Canadian Equity Fund Series A
Category Placement: Canadian Equity

Fund: Castlerock Total Return Fund Series A
Category Placement: Canadian Neutral Balanced

Fund: Criterion Utilities Plus Fund Class A
Category Placement: Miscellaneous – Sector Equity

Fund: Fiera Sceptre Active Fixed Income – Long
Category Placement: Canadian Long Term Fixed Income

Fund: Global Prosperata Capital Preservation
Category Placement: Canadian Fixed Income

Fund: Horizons AlphaPro Fiera Tactical Bond Fund ETF
Category Placement: Alternative Strategies

Fund: Horizons BetaPro COMEX Copper ETF
Category Placement: Miscellaneous – Commodity

Fund: Horizons Gold Yield Fund Class A
Category Placement: Miscellaneous – Commodity

Fund: Investors Fixed Income Flex Port A
Category Placement: Canadian Fixed Income

Fund: Manulife Retirement Income
Category Placement: Global Fixed Income Balanced

Fund: O’Leary Yield Advantaged Convertible Debentures
Category Placement: Global Equity

Fund: PH&N LifeTime 2015 Fund Series O
Category Placement: 2015 Target Date Portfolio

Fund: PH&N LifeTime 2020 Fund Series O
Category Placement: 2020 Target Date Portfolio

Fund: PH&N LifeTime 2025 Fund Series O
Category Placement: 2020+ Target Date Portfolio

Fund: PH&N LifeTime 2030 Fund Series O
Category Placement: 2020+ Target Date Portfolio

Fund: PH&N LifeTime 2035 Fund Series O
Category Placement: 2020+ Target Date Portfolio

Fund: PH&N LifeTime 2040 Fund Series O
Category Placement: 2020+ Target Date Portfolio

Fund: PH&N LifeTime 2045 Fund Series O
Category Placement: 2020+ Target Date Portfolio

Fund: PH&N Short Inflation-Linked Bond Fund
Category Placement: Canadian Inflation Protected Fixed Income

Fund: Working Opportunity Fund Commercialization 11
Category Placement: Retail Venture Capital

Jan

Results of New Fund Reviews – Jan 27, 2011

Fund: BMO 2013 Corporate Bond Target Maturity ETF
Category Placement: 2015 Target Date Portfolio

Fund: BMO 2015 Corporate Bond Target Maturity ETF
Category Placement: 2015 Target Date Portfolio

Fund: BMO 2020 Corporate Bond Target Maturity ETF
Category Placement: 2020+ Target Date Portfolio

Fund: BMO 2025 Corporate Bond Target Maturity ETF
Category Placement: 2020+ Target Date Portfolio

Fund: BMO Agriculture Commodities Index ETF
Category Placement: Miscellaneous Sector Equity

Fund: BMO Base Metals Commodities Index ETF
Category Placement: Miscellaneous Sector Equity

Fund: BMO Covered Call Canadian Banks ETF
Category Placement: Alternative Strategies

Fund: BMO Energy Commodities Index ETF
Category Placement: Miscellaneous – Sector Equity

Fund: BMO Monthly Income ETF
Category Placement: Canadian Fixed Income

Fund: BMO Precious Metals Commodities Index ETF
Category Placement: Precious Metals Equity

Fund: CI Signature Gold Corporate Class
Category Placement: Miscellaneous – Commodities

Fund: Equitable Life Active Balanced ETF Portfolio
Category Placement: Global Neutral Balanced

Fund: Equitable Life Acuity Diversified Income Fund
Category Placement: Global Fixed Income Balanced

Fund: Equitable Life Dynamic Value Balanced Fund
Category Placement: Global Neutral Balanced

Fund: Equitable Life Mackenzie Founders Income and Growth Fund
Category Placement: Global Neutral Balanced

Fund: Equitable Life Mackenzie Saxon Balanced Fund
Category Placement: Canadian Equity Balanced

Fund: Equitable Life Trimark Income Growth Fund
Category Placement: Canadian Equity Balanced

Fund: HBP S&P 500 VIX Sht Term Futures Index ETF
Category Placement: Alternative Strategies

Fund: Horizons AlphaPro Floating Rate Bond ETF
Category Placement: Miscellaneous – Income and Real Property

Fund: HSBC US Dollar Monthly Income
Category Placement: Global Fixed Income Balanced

Fund: IA SRP Canadian Eq (Dynmc) Hybrd 75/25
Category Placement: Canadian Equity Balanced

Fund: IA SRP Canadian Eq(Lon Frzr) Hybrd 75/25
Category Placement: Canadian Equity Balanced

Fund: IA SRP Canadian Eq(SmCp)(QV) Hybrd 75/25
Category Placement: Canadian Small/Mid Cap Equity

Fund: IA SRP Canadian Equity Gr Hybrd 75/25
Category Placement: Canadian Equity Balanced

Fund: IA SRP Canadian Equity Growth
Category Placement: Canadian Equity

Fund: IA SRP Canadian Equity Index Hybrd 75/25
Category Placement: Canadian Equity Balanced

Fund: IA SRP Canadian Equity Value Hybrd 75/25
Category Placement: Canadian Equity Balanced

Fund: IA SRP Canadian Leaders Hybrid 75/25
Category Placement: Canadian Equity Balanced

Fund: IA SRP Dividend Growth Hybrid 75/25
Category Placement: Canadian Equity Balanced

Fund: IA SRP Dividend Income Hybrid 75/25
Category Placement: Canadian Equity Balanced

Fund: IA SRP Fidelity Canadian Opp Hybrd 75/25
Category Placement: Canadian Equity Balanced

Fund: IA SRP Fidelity Dividend Hybrid 75/25
Category Placement: Canadian Equity Balanced

Fund: IA SRP Fidelity True North Hybrid 75/25
Category Placement: Canadian Equity Balanced

Fund: IA SRP Global Dividend(Dynmc)Hybrd 75/25
Category Placement: Global Equity Balanced

Fund: IA SRP Global Eq (Tmpltn) Hybrd 75/25
Category Placement: Global Equity Balanced

Fund: IA SRP Global Eq(Mcknz Cndll)Hybrd 75/25
Category Placement: Global Equity Balanced

Fund: IA SRP Global Equity Hybrid 75/25
Category Placement: Global Equity Balanced

Fund: IA SRP Global Health Care (Ren)
Category Placement: Health Care Equity

Fund: IA SRP Global True Cnvctn Hybrd 75/25
Category Placement: Global Equity Balanced

Fund: IA SRP Monthly Income (PH&N)
Category Placement: Canadian Neutral Balanced

Fund: IA SRP Select Canadian Hybrid 75/25
Category Placement: Canadian Equity Balanced

Fund: IA SRP Tactical Bond (Catapult)
Category Placement: Canadian Fixed Income

Fund: IA SRP U.S. Equity (Sarbit) Hybrid 75/25
Category Placement: Global Equity Balanced

Fund: Invesco Emerging Markets Class
Category Placement: Emerging Markets Equity

Fund: Invesco Emerging Markets Debt Fund
Category Placement: High Yeild Fixed Income

Fund: Leith Wheeler Canadian Dividend Series B
Category Placement: Canadian Dividend & Income Equity

Fund: Leith Wheeler Income Advantage Series B
Category Placement: Canadian Fixed Income

Fund: Marquest Credit
Category Placement: High Yield Fixed Income

Fund: Marquest Investment Grade Income
Category Placement: Global Fixed Income

Fund: National Bank Bond Basket Private Pool
Category Placement: Canadian Fixed Income

Fund: National Bank Corp fixed-inc securities
Category Placement: Canadian Fixed Income

Fund: National Bank Diversified Bond Basket Private Pl
Category Placement: Canadian Fixed Income

Fund: National Bank Dividend Basket Private Pool
Category Placement: Canadian Dividend & Income Equity

Fund: National Bank Multiple Asset Cl Basket Priv Pl
Category Placement: Canadian Equity Balanced

Fund: PIMCO Canadian Long Term Bond Fund
Category Placement: Canadian Long Term Fixed Income

Fund: PIMCO Canadian Real Return Bond Fund
Category Placement: Canadian Inflation Protected Fixed Income

Fund: PIMCO Canadian Short Term Bond Fund
Category Placement: Canadian Short Term Fixed Income

Fund: PIMCO Canadian Total Return Bond Fund
Category Placement: Canadian Fixed Income

Fund: PIMCO Global Advantage Strategy Bond Fund
Category Placement: Global Fixed Income

Fund: PIMCO Global Balanced Fund
Category Placement: Global Neutral Balanced

Fund: PIMCO Monthly Income Fund
Category Placement: Global Fixed Income

Fund: PIMCO Pathfinder Fund
Category Placement: Global Equity

Fund: Redwood Emerging Markets Dividend Inc
Category Placement: Emerging Markets Equity

Fund: SFCS Titans Limited Partnership
Category Placement: Alternative Strategies

Fund: TD Short Term Invest Class – A
Category Placement: Canadian Short Term Fixed Income

Fund: TD U.S. Large-Cap Value Cl – A
Category Placement: U.S. Equity

Fund: TD U.S. Mid-Cap Growth Cl – A
Category Placement: U.S. Small / Mid Cap Equity

Fund: TD Ultra Short Term Bond-A
Category Placement: Canadian Short Term Fixed Income

Fund: Tmpltn Asian Growth CC
Category Placement: Asia Pacific ex-Japan Equity

Fund: Trimark Energy Class
Category Placement: Natural Resources Equity

Fund: Venator Income-Cl A
Category Placement: Alternative Strategies