Quick Reference Guide D E C E M B E R 2 016

TRUST

CGF CODES – TRUST UNITS A Name

SC (FE)

RC (DSC)

Counsel Retirement Portfolios

LL

SC (FE)

RC (DSC)

 

D

DT

I

IT

LL

 

 

 

 

 

 

 

 

 

 

 

 

Counsel Retirement Income Portfolio

241

243

242

244

245

Counsel Retirement Preservation Portfolio

246

248

247

249

250

Counsel Retirement Foundation Portfolio

251

253

252

254

255

Counsel Retirement Accumulation Portfolio

256

258

257

Counsel Strategic Portfolios

259

 

 

 

Counsel Conservative Portfolio

410

413

412

 

714

Counsel Regular Pay Portfolio

550

553

552

 

704

Counsel Balanced Portfolio

420

423

422

 

724

T SC (FE)

RC (DSC)

LL

260  

 

176

504

514

  179

170

171

524

172  

Counsel Growth Portfolio

430

433

432

 

744

534

 

Counsel All Equity Portfolio

440

443

442

 

764

544

 

 

 

Counsel Managed Yield Portfolio

140

240

340

 

740

541

Counsel Managed High Yield Portfolio

157

158

159

 

160

163

Counsel Managed Portfolios

 

Counsel Income Managed Portfolio

490

493

492

 

794

Counsel Managed Portfolio

001

100

211

 

711

554

Counsel World Managed Portfolio

480

483

482

 

784

584

 

 

Counsel Portfolio Components

2

C

Counsel Money Market

004

Counsel Short Term Bond

139

239

339

 

Counsel Fixed Income

010

210

310

 

204

304

404

403

402

180

594

  183

165

166

167

173

174

175      

712

502

 

739

539

 

710

510

 

Counsel High Yield Fixed Income

149

150

151

 

152

155

Counsel Canadian Dividend

400

405

407

 

409

418

Counsel Canadian Value

101

111

121

 

701

501

Counsel Canadian Growth

102

112

122

 

702

500

Counsel U.S.Value

106

116

126

 

706

506

Counsel U.S. Growth

107

117

127

 

707

507

Counsel International Value

103

113

123

 

703

503

TRUST

CGF CODES – TRUST UNITS Continued A

D

DT

I

IT

 

 

 

 

SC (FE)

Counsel International Growth

105

115

125

 

705

505

Counsel Global Dividend

141

142

143

 

144

147

Counsel Global Trend Strategy

189

190

191

192

194

RC (DSC)

LL

SC (FE)

RC (DSC)

LL

Counsel Global Real Estate

401

406

408

 

411

419

Counsel Global Small Cap

470

473

472

 

774

574

 

 

Counsel Deposits Counsel Premium Cash Account

3

C

Name

1004

 

T SC (FE)

RC (DSC)

LL

  1005

 

 

 

 

CLASS

CGF CODES – CLASS SHARES A Name

SC (FE)

RC (DSC)

Counsel Strategic Portfolios

D

I SC (FE)

LL  

T

 

RC (DSC)

 

LL  

Counsel Conservative Portfolio Class

1100

1101

1102

1103

1105

1106

1208

1215

Counsel Balanced Portfolio Class

1107

1108

1109

1110

1112

1113

1209

1216

Counsel Growth Portfolio Class

1114

1115

1116

1117

1119

1120

1210

1217

Counsel All Equity Portfolio Class

1121

1122

1123

1124

Counsel Canadian Dividend Class

1177

1178

1179

1180

1182

1196

1213

1220

Counsel Canadian Value Class

1135

1136

1137

1138

1140

Counsel Canadian Growth Class

1141

1142

1143

1144

1146

Counsel Portfolio Components

Note: Counsel Conservative Portfolio Class, Counsel Balanced Portfolio Class, Counsel Growth Portfolio Class, Counsel All Equity Portfolio Class are not permitted for investment in registered plans. Series D and I of Trust Units and Class Shares are not eligible for client-held RESP accounts.

4

TRUST 5

TRUST UNITS – SERIES A, C & T Name

Series

Counsel Retirement Portfolios Counsel Retirement Income Portfolio Counsel Retirement Preservation Portfolio Counsel Retirement Foundation Portfolio Counsel Retirement Accumulation Portfolio Counsel Strategic Portfolios Counsel Conservative Portfolio Counsel Regular Pay Portfolio Counsel Regular Pay Portfolio

  A A A A   A A T

Counsel Balanced Portfolio Counsel Growth Portfolio Counsel All Equity Portfolio Counsel Managed Portfolios Counsel Managed Yield Portfolio Counsel Managed High Yield Portfolio Counsel Managed High Yield Portfolio Counsel Income Managed Portfolio Counsel Income Managed Portfolio Counsel Managed Portfolio Counsel World Managed Portfolio

A A A   A A T A T A A

Mgmt Fee %

Net MER1 %

1.90 1.90 1.95 2.00

  2.67 2.52 2.64 2.68

1.90 1.95 1.95

2.81 2.81 2.81

1.92 2.06 2.12

2.87 3.01 3.11

1.94 1.95 1.95 1.96 1.96 2.04 2.13

2.64 2.76 2.75 2.90 2.91 2.97 3.16

 

Trailing Commission - Annual Rate % SC (FE)

RC (DCS)

Distribution Frequency

LL

  1.00 1.00 1.00 1.00   1.00 1.00 1.00

Year 1 - 6 0.50 0.50 0.50 0.50   0.50 0.50 0.50

Thereafter 1.00 1.00 1.00 1.00   1.00 1.00 1.00

Year 1 - 3 0.50 0.50 0.50 0.50   0.50 0.50 0.50

Thereafter 1.00 1.00 1.00 1.00   1.00 1.00 1.00

  Monthly Annually Annually Annually   Annually Monthly Monthly2

1.00 1.00 1.00   1.00 1.00 1.00 1.00 1.00 1.00 1.00

0.50 0.50 0.50   0.50 0.50 0.50 0.50 0.50 0.50 0.50

1.00 1.00 1.00   1.00 1.00 1.00 1.00 1.00 1.00 1.00

0.50 0.50 0.50   0.50 0.50 0.50 0.50 0.50 0.50 0.50

1.00 1.00 1.00   1.00 1.00 1.00 1.00 1.00 1.00 1.00

Annually Annually Annually   Monthly Monthly Monthly2 Monthly Monthly2 Annually Annually

TRUST

TRUST UNITS – SERIES A, C & T Continued Name Counsel Portfolio Components Counsel Money Market Counsel Money Market Counsel Short Term Bond Counsel Fixed Income Counsel High Yield Fixed Income Counsel Canadian Dividend Counsel Canadian Value Counsel Canadian Growth Counsel U.S.Value Counsel U.S. Growth Counsel International Value Counsel International Growth Counsel Global Dividend Counsel Global Trend Strategy Counsel Global Real Estate Counsel Global Small Cap Counsel Deposits Counsel Premium Cash Account4 ~

6

No sales commission is paid.

Series

Mgmt Fee %

Net MER1 %

  A C A A A A A A A A A A A A A A  

0.953 0.703 1.10 1.40 1.80 1.90 1.90 1.90 1.90 1.90 1.99 1.99 2.10 2.00 2.05 1.95

0.643 0.623 1.49 2.01 2.45 2.52 2.60 2.82 2.63 2.87 2.77 2.83 2.80 2.93 2.88 2.93

A

Trailing Commission - Annual Rate % SC (FE)   0.25 0.00 0.50 0.50 0.75 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00   0.25~

RC (DCS)   0.25 0.00 0.25 0.25 0.30 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50  

Distribution Frequency

LL   0.25 0.00 0.50 0.50 0.75 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00  

  0.125 0.00 0.25 0.25 0.30 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50  

  0.25 0.00 0.50 0.50 0.75 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00  

  Monthly Monthly Monthly Quarterly Monthly Quarterly Annually Annually Annually Annually Annually Annually Quarterly Annually Annually Annually   Monthly

TRUST

TRUST UNITS – SERIES D, DT, I & IT Series D5 Name

Mgmt Fee %

Series I5

Net MER1 %

Trailer %

Mgmt Fee††

Counsel Retirement Portfolios Counsel Retirement Income Portfolio Counsel Retirement Preservation Portfolio

0.85

1.47

0.00

0.85

0.85

1.35

0.00

0.85

Counsel Retirement Foundation Portfolio

0.90

1.42

0.00

0.90

Counsel Retirement Accumulation Portfolio

0.95

1.51

0.00

0.95

Counsel Strategic Portfolios Counsel Conservative Portfolio

0.96

1.37

0.00

0.96

Counsel Regular Pay Portfolio^

0.95

1.34

0.00

0.95

Counsel Balanced Portfolio

1.02

1.42

0.00

1.02

Counsel Growth Portfolio

1.07

1.56

0.00

1.07

Counsel All Equity Portfolio

1.17

1.66

0.00

1.17

0.94

1.43

0.00

0.94

0.95

1.47

0.00

0.95

Counsel Managed Portfolios Counsel Managed Yield Portfolio Counsel Managed High Yield Counsel Income Managed

7

Portfolio•

Portfolio^

0.96

1.41

0.00

0.96

Counsel Managed Portfolio

1.03

1.50

0.00

1.03

Counsel World Managed Portfolio

1.14

1.69

0.00

1.14

TRUST

TRUST UNITS – SERIES D, DT, I & IT Continued Series D5 Name

Series I5

Mgmt Fee %

Net MER1 %

Trailer %

Mgmt Fee††

Counsel Money Market

0.703

0.623

0.00

0.703

Counsel Short Term Bond

0.75

1.09

0.00

0.75

Counsel Fixed Income

0.85

1.23

0.00

0.85

Counsel High Yield Fixed Income

1.05

1.52

0.00

1.05

Counsel Canadian Dividend

0.99

1.36

0.00

0.99

Counsel Portfolio Components

Counsel Canadian Value

1.08

1.49

0.00

1.08

Counsel Canadian Growth

1.13

1.55

0.00

1.13

Counsel U.S.Value

0.90

1.46

0.00

0.90

Counsel U.S. Growth

1.03

1.57

0.00

1.03

Counsel International Value

0.90

1.63

0.00

0.90

Counsel International Growth

1.03

1.61

0.00

1.03

Counsel Global Dividend

1.10

1.57

0.00

1.10

Counsel Global Trend Strategy

1.05

1.69

0.00

1.05

Counsel Global Real Estate

1.05

1.68

0.00

1.05

Counsel Global Small Cap

1.10

1.67

0.00

1.10

^ Also offering Series DT, and IT. The management fee and trailer information is the same as its Series D, or I counterpart. †† Series I has a lower fixed administration fee than other Series.

8

CLASS

CLASS SHARES – SERIES A & T Name

Series

Mgmt Fee %

Net MER1 %

 

Trailing Commission - Annual Rate % SC (FE)

RC (DCS)

Distribution Frequency

LL

Counsel Strategic Portfolios

 

 

 

Year 1 - 6

Thereafter

Year 1 - 3

Thereafter

 

Counsel Conservative Portfolio Class Counsel Conservative Portfolio Class

A T

1.90 1.90

2.75 2.69

1.00 1.00

0.50 0.50

1.00 1.00

0.50 0.50

1.00 1.00

Annually Monthly 2

Counsel Balanced Portfolio Class Counsel Balanced Portfolio Class Counsel Growth Portfolio Class Counsel Growth Portfolio Class Counsel All Equity Portfolio Class Counsel Portfolio Components Counsel Canadian Dividend Class Counsel Canadian Dividend Class Counsel Canadian Value Class Counsel Canadian Growth Class

A T A T A   A T A A

1.95 1.95 2.00 2.00 2.10

2.74 2.82 2.97 2.90 3.09

1.85 1.85 1.90 1.90

2.50 2.54 2.61 2.60

1.00 1.00 1.00 1.00 1.00   1.00 1.00 1.00 1.00

0.50 0.50 0.50 0.50 0.50   0.50 0.50 0.50 0.50

1.00 1.00 1.00 1.00 1.00   1.00 1.00 1.00 1.00

0.50 0.50 0.50 0.50 0.50   0.50 0.50 0.50 0.50

1.00 1.00 1.00 1.00 1.00   1.00 1.00 1.00 1.00

Annually Monthly 2 Annually Monthly 2 Annually   Annually Monthly 2 Annually Annually

Note: Corporate Class shares may pay ordinary dividends and/or capital gains dividends as determined by the Board of Directors of Counsel Portfolio Corporation. For Series T distributions are paid monthly and will generally be comprised of return of capital. Series T may also receive distributions of ordinary dividends and capital gains dividends, as necessary, from time to time in any calendar year.

9

CLASS

CLASS SHARES – SERIES D & I Series D5 Name

Series I Trailer %

Mgmt Fee %

Net MER1 %

Counsel Conservative Portfolio Class•

0.95

1.37

0.00

Counsel Balanced Portfolio Class•

1.00

1.41

0.00

Counsel Growth Portfolio Class•

1.05

1.54

0.00

Counsel All Equity Portfolio Class

1.15

1.69

0.00

Management Fee6 %

Counsel Strategic Portfolios

Counsel Portfolio Components

10

Counsel Canadian Dividend Class

0.85

1.29

0.00

0.85

Counsel Canadian Value Class

0.85

1.35

0.00

0.85

Counsel Canadian Growth Class

0.95

1.36

0.00

0.95

TRUST 11

COUNSEL RETIREMENT PORTFOLIOS – QUICK VIEW Name

Type

Target %

Underlying Fund/Mandate

Sub-Advisor(s)/Underlying Fund Manager(s)

Risk Rating

Counsel Retirement Income Portfolio

Global Balanced

30.00 20.00 17.00 13.00 10.00 10.00

Alternatives (high inc., pref. shares & real estate) High Yield Fixed Income Global Equity Emerging Market Debt Investment Grade Fixed Income Safety (government fixed income)

Mount Lucas Mgmt LP

low to medium

Counsel Retirement Preservation Portfolio

Global Balanced

26.00 14.00 32.50 5.00 5.00 5.00 10.00 2.50

Counsel Defensive Global Equity Counsel Global Low Volatility Equity Counsel Canadian Core Fixed Income Counsel Global Real Estate Counsel North American High Yield Bond Counsel Money Market Global Government Bonds Emerging Market Debt

Irish Life Investment Managers Limited † Irish Life Investment Managers Limited Mackenzie Investments Timbercreek Asset Management Inc. Putnam Investments Inc. Mackenzie Investments Irish Life Investment Managers Limited Irish Life Investment Managers Limited

low to medium

Counsel Retirement Foundation Portfolio

Global Balanced

40.00 20.00 20.00 5.00 7.50 5.00 2.50

Counsel Defensive Global Equity Counsel Global Low Volatility Equity Counsel Canadian Core Fixed Income Counsel Global Real Estate Counsel North American High Yield Bond Global Government Bonds Emerging Market Debt

Irish Life Investment Managers Limited Irish Life Investment Managers Limited Mackenzie Investments Timbercreek Asset Management Inc. Putnam Investments Inc. Irish Life Investment Managers Limited Irish Life Investment Managers Limited

low to medium

Counsel Retirement Accumulation Portfolio

Global Balanced Equity

50.00 20.00 10.00 5.00 7.50 5.00 2.50

Counsel Defensive Global Equity Counsel Global Low Volatility Equity Counsel Canadian Core Fixed Income Counsel Global Real Estate Counsel North American High Yield Bond Emerging Market Equities Emerging Market Debt

Irish Life Investment Managers Limited Irish Life Investment Managers Limited Mackenzie Investments Timbercreek Asset Management Inc. Putnam Investments Inc. Irish Life Investment Managers Limited Irish Life Investment Managers Limited

low to medium

TRUST 12

COUNSEL STRATEGIC PORTFOLIOS – QUICK VIEW Name

Type

Target %

Underlying Fund/Mandate

Sub-Advisor(s)/Underlying Fund Manager(s)

Risk Rating

Counsel Conservative Portfolio

Canadian Balanced

5.00 55.00 2.50 2.50 3.75 3.75 6.25 6.25 6.00 3.00 6.00

Counsel Short Term Bond Counsel Fixed Income Counsel Canadian Value Counsel Canadian Growth Counsel U.S. Value Counsel U.S. Growth Counsel International Value Counsel International Growth Counsel Global Trend Strategy Counsel Global Real Estate Counsel Global Small Cap

TD Asset Mgmt Inc. Mackenzie†/Putnam†/Franklin Templeton Sionna Investment Managers Inc. Picton Mahoney/Montrusco Bolton Mount Lucas Mgmt LP Marsico Capital Mgmt, LLC Mackenzie Investments (Cundill) Mawer Investment Mgmt Ltd. Mount Lucas Mgmt LP Timbercreek Asset Management Inc. Mackenzie/Invesco/Wasatch

low to medium

Counsel Regular Pay Portfolio

Canadian Income Balanced

50.00 30.00 10.00 10.00

Income & growth RBC Canadian Dividend Fund Counsel Global Dividend Counsel Global Real Estate

AGF investments Inc. RBC Global Asset Mgmt. Inc. Acadian Asset Management Inc. Timbercreek Asset Management Inc.

low to medium

Counsel Balanced Portfolio

Global Balanced

2.50 37.50 3.75 3.75 5.25 5.25 9.25 9.25 9.00 4.00 10.50

Counsel Short Term Bond Counsel Fixed Income Counsel Canadian Value Counsel Canadian Growth Counsel U.S. Value Counsel U.S. Growth Counsel International Value Counsel International Growth Counsel Global Trend Strategy Counsel Global Real Estate Counsel Global Small Cap

TD Asset Mgmt Inc. Mackenzie/Putnam/Franklin Templeton Sionna Investment Managers Inc. Picton Mahoney/Montrusco Bolton Mount Lucas Mgmt LP Marsico Capital Mgmt, LLC Mackenzie Investments (Cundill) Mawer Investment Mgmt Ltd. Mount Lucas Mgmt LP Timbercreek Asset Management Inc. Mackenzie/Invesco/Wasatch

low to medium

Counsel Growth Portfolio

Global Balanced Equity

1.50 18.50 5.00 5.00 7.00 7.00 12.00 12.00 12.00 5.50 14.50

Counsel Short Term Bond Counsel Fixed Income Counsel Canadian Value Counsel Canadian Growth Counsel U.S. Value Counsel U.S. Growth Counsel International Value Counsel International Growth Counsel Global Trend Strategy Counsel Global Real Estate Counsel Global Small Cap

TD Asset Mgmt Inc. Mackenzie/Putnam/Franklin Templeton Sionna Investment Managers Inc. Picton Mahoney/Montrusco Bolton Mount Lucas Mgmt LP Marsico Capital Mgmt, LLC Mackenzie Investments (Cundill) Mawer Investment Mgmt Ltd. Mount Lucas Mgmt LP Timbercreek Asset Management Inc. Mackenzie/Invesco/Wasatch

low to medium

Counsel All Equity Portfolio

Global Equity

6.25 6.25 8.25 8.25 15.00 15.00 15.00 6.50 19.50

Counsel Canadian Value Counsel Canadian Growth Counsel U.S. Value Counsel U.S. Growth Counsel International Value Counsel International Growth Counsel Global Trend Strategy Counsel Global Real Estate Counsel Global Small Cap

Sionna Investment Managers Inc. Picton Mahoney/Montrusco Bolton Mount Lucas Mgmt LP Marsico Capital Mgmt, LLC Mackenzie Investments (Cundill) Mawer Investment Mgmt Ltd. Mount Lucas Mgmt LP Timbercreek Asset Management Inc. Mackenzie/Invesco/Wasatch

medium

TRUST

COUNSEL MANAGED PORTFOLIOS – QUICK VIEW Name

Type

Counsel Managed Yield Portfolio

Canadian Fixed Income Balanced

Counsel Managed High Yield Portfolio

Counsel Income Managed Portfolio



13

Global Neutral Balanced

Canadian Tactical Asset Allocation

Target Range %

Neutral Allocation %

0-25 0-20 0-50 0-20

5.00 (Commodities) 10.00 (Inflation linked bonds) 10.00 30.00 10.00

0-25 0-25 0-15

17.50 12.50 5.00

0-25 0-40 0-30 0-25

5.00 (Global fixed income) 10.00 (Inflation linked bonds) 5.00 20.00 12.50

0-25

12.50

0-30 0-30 0-15

15.00 15.00 5.00

0-35 0-40 20-80 0-10

5.00 (Global fixed income) 5.00 (Emerging market equities) 5.00 (Inflation linked bonds) 5.00 25.00 0.00

0-10

0.00

0-80 0-10 0-10 0-10 0-10 0-30 0-15 0-10

40.00 2.50 2.50 2.50 2.50 0.00 5.00 0.00

An affiliated registrant of Counsel Portfolio Services Inc.

Underlying Fund/Mandate

Sub-Advisor(s)/Underlying Fund Manager(s)

Tactical asset allocation

PanAgora Asset Mgmt Inc.†

Counsel Short Term Bond TD Canadian Bond Fund Counsel North American High Yield Bond Counsel Canadian Dividend Templeton Global Bond Fund Counsel Global Real Estate

TD Asset Mgmt Inc. TD Asset Mgmt Inc. Putnam Investments Inc.

Tactical asset allocation

PanAgora Asset Mgmt Inc.

Counsel Short Term Bond TD Canadian Bond Fund Counsel North American High Yield Bond BlueBay Emerging Markets Corporate Bond Fund Counsel Canadian Dividend Counsel Global Dividend Counsel Global Real Estate

TD Asset Mgmt Inc. TD Asset Mgmt Inc. Putnam Investments Inc.

Tactical asset allocation

PanAgora Asset Mgmt Inc.

Counsel Short Term Bond Fixed income BlueBay Emerging Markets Corporate Bond Fund Counsel North American High Yield Bond RBC Canadian Dividend Fund Counsel U.S. Value Counsel U.S. Growth Counsel International Value Counsel International Growth Counsel Global Dividend Counsel Global Real Estate Counsel Global Small Cap

TD Asset Mgmt Inc. TD Asset Mgmt Inc. BlueBay Asset Management LLP

Risk Rating low

Lincluden Investment Management Franklin Templeton Investment Corp. Timbercreek Asset Management Inc. low to medium

BlueBay Asset Mgmt Lincluden Investment Management Acadian Asset Management Inc. Timbercreek Asset Management Inc.

Putnam Investments Inc. RBC Global Asset Mgmt. Inc. Mount Lucas Mgmt LP Marsico Capital Mgmt, LLC Mackenzie Investments (Cundill) Mawer Investment Mgmt Ltd. Acadian Asset Management Inc. Timbercreek Asset Management Inc. Mackenzie/Invesco/Wasatch

low to medium

TRUST 14

COUNSEL MANAGED PORTFOLIOS – QUICK VIEW Continued Name

Type

Counsel Managed Portfolio

Tactical Balanced

Counsel World Managed Portfolio

Global Tactical Asset Allocation

Target Range %

Neutral Allocation %

Underlying Fund/Mandate

0-35 0-20 20-80 5-65 5-30 1.25-12.50 1.25-12.50 1.25-12.50 1.25-12.50 0-25

5.00 (Emerging market equities) 10.00 30.00 25.00 10.00 5.00 5.00 5.00 5.00 0.00

Tactical asset allocation Counsel Short Term Bond Counsel Fixed Income Counsel Canadian Dividend Canadian small cap Counsel U.S. Value Counsel U.S. Growth Counsel International Value Counsel International Growth Counsel Global Dividend

PanAgora Asset Mgmt Inc TD Asset Mgmt Inc. Mackenzie/Putnam/Franklin Templeton Lincluden Investment Management Mackenzie Investments Mount Lucas Mgmt LP Marsico Capital Mgmt, LLC Mackenzie Investments (Cundill) Mawer Investment Mgmt Ltd. Acadian Asset Management Inc.

low to medium

0-25 0-30 20-80 5-25 2.50-25 2.50-25 2.50-25 2.50-25 0-10 5-30

5.00 (Emerging market equities)

Tactical asset allocation Counsel Short Term Bond TD Canadian Bond Fund Counsel Canadian Dividend Counsel U.S. Value Counsel U.S. Growth Counsel International Value Counsel International Growth Counsel Global Real Estate Counsel Global Small Cap

PanAgora Asset Mgmt Inc. TD Asset Mgmt Inc. TD Asset Mgmt Inc. Lincluden Investment Management Mount Lucas Mgmt LP Marsico Capital Mgmt, LLC Mackenzie Investments (Cundill) Mawer Investment Mgmt Ltd. Timbercreek Asset Management Inc. Mackenzie/Invesco/Wasatch

low to medium

40.00 10.00 7.50 7.50 7.50 7.50 0.00 15.00

Sub-Advisor(s)/Underlying Fund Manager(s)

Risk Rating

TRUST

COUNSEL PORTFOLIO COMPONENTS – QUICK VIEW Name

Target %

Description

Sub-Advisor(s)/Underlying Fund(s)

Risk Rating

Counsel Money Market

100

Money Market

Mackenzie Investments

low

Counsel Short Term Bond

100

Short term fixed income

TD Asset Mgmt Inc.

low

Canadian core fixed income High yield fixed income Global fixed income

Mackenzie Investments Putnam Investments Inc. Franklin Templeton Investment Corp.

low

High yield fixed income Emerging markets fixed income

Counsel North American High Yield Bond (Putnam) BlueBay Emerging Markets Corporate Bond Fund

low to medium

Counsel Fixed Income

Counsel High Yield Fixed Income

60-80 0-20 20 70 30

Counsel Canadian Dividend

100

Canadian dividend

Lincluden Investment Management

low to medium

Counsel Canadian Value

100

Canadian value equities

Sionna Investment Managers Inc.

medium

Canadian growth equities Canadian quantitative growth equities

Picton Mahoney Asset Mgmt Montrusco Bolton Investments Inc.

medium

Counsel Canadian Growth

80 20

Counsel U.S.Value

100

U.S. value equities

Mount Lucas Mgmt LP

medium

Counsel U.S. Growth

100

U.S. growth equities

Marsico Capital Mgmt, LLC

medium

Counsel International Value

100

International value equities

Mackenzie Investments (Cundill)

medium

Counsel International Growth

100

International growth equities

Mawer Investment Mgmt Ltd.

medium

Counsel Global Dividend

100

Global dividend

Acadian Asset Management LLC

medium

Counsel Global Trend Strategy

100

Global equities

Mount Lucas Mgmt LP

medium

Counsel Global Real Estate

100

Global real estate

Timbercreek Asset Management Inc.

medium

Counsel Global Small Cap

25 25 50

Canadian small cap U.S. small cap International small cap

Mackenzie Investments Invesco Canada Ltd. Wasatch Advisors Inc.

medium to high

100

Premium cash deposit

B2B Trustco

low

Counsel Deposits Counsel Premium Cash Account4

15

TRUST

Counsel Portfolios

Counsel Conservative Portfolio

Counsel Regular Pay Portfolio

Counsel Balanced Portfolio

Counsel Growth Portfolio

Counsel All Equity Portfolio

Counsel Managed High Yield Portfolio

Counsel Strategic Portfolios

Mandate

Canadian fixed income 5.00%

2.50%

1.50%

55.00%

37.50%

18.50%

Counsel Income Managed Portfolio

Counsel Managed Portfolio

Counsel World Managed Portfolio

Counsel Managed Portfolios*

Asset allocation

Canadian short term fixed income

Counsel Managed Yield Portfolio









30.00% (0-50%) 10.00% (0-20%)

20.00% (0-30%) 5.00% (0-40%)

25.00% (20-80%) 5.00% (0-40%)

10.00% (0-20%)

10.00% (0-20%) 12.50% (0-25%)

12.50% (0-25%)

0.00% (0-10%)

30.00% (20-80%)

12.50% (0-25%)

0.00% (0-10%)

✓ (20-80%) 40% (0-30%)

Canadian core fixed income High yield fixed income Global fixed income Emerging markets fixed income Income & growth

50.00%

Canadian value equities

2.50%

3.75%

5.00%

6.25%

Canadian growth equities

2.50%

3.75%

5.00%

6.25%

Canadian dividend

40.00% (0-80%)

30.00% 17.50% (0-25%)

Canadian dividend U.S. value equities

3.75%

5.25%

7.00%

8.25%

U.S. growth equities

3.75%

5.25%

7.00%

8.25%

International value equities

6.25%

9.25%

12.00%

15.00%

International growth equities

6.25%

9.25%

12.00%

15.00%

Global dividend

10.00%

Global equities

6.00%

Global real estate

3.00%

10.00%

9.00%

12.00%

15.00%

4.00%

5.50%

6.50%

5.00% (0-15%)

15.00% (0-30%)

15.00% (0-30%)

2.50% (0-10%) 2.50% (0-10%) 2.50% (0-10%) 2.50% (0-10%) 0.00% (0-30%)

5.00% (0-15%)

5.00% (0-15%)

10.00% (5-25%) 7.50% (2.50-25%) 7.50% (2.50-25%) 7.50% (2.50-25%) 7.50% (2.50-25%)

0.00% (0-10%) 10.00% (5-30%)

Canadian small cap equities U.S. small cap equities

25.00% (5-65%) 5.00% (1.25-12.50%) 5.00% (1.25-12.50%) 5.00% (1.25-12.50%) 5.00% (1.25-12.50%) 0.00% (0-25%)

6.00%

10.50%

14.50%

0.00% (0-10%)

19.50%

15.00% (5-30%)

International small cap equities Other**

5% Commodities

5% G  lobal fixed income

10% Inflation linked bonds

10% Inflation linked bonds

5% G  lobal fixed income 5% E merging market equities 5% Inflation linked

bonds

5% Emerging market equities

5% Emerging market equities

* The asset allocation weights depicted below represent the neutral allocations. The target allocation range is reflected in brackets. The allocations may comprise a combination of investments in equities and fixed income securities; and in securities that are designed to track a market index or in other securities that are executed by the tactical asset allocation specialist. 16

** This portion of the portfolio may be invested in securities that are designed to track a market index, including inflation-linked bonds, other securities or commodities. They may also invest in cash.

CLASS 17

COUNSEL STRATEGIC PORTFOLIOS – CLASS SHARES – QUICK VIEW Name

Type

Target %

Underlying Fund

Sub-Advisor(s)/Underlying Fund Manager(s)

Risk Rating

Counsel Conservative Portfolio Class

Canadian Balanced

5.00 55.00 2.50 2.50 3.75 3.75 6.25 6.25 6.00 3.00 6.00

Counsel Short Term Bond Counsel Fixed Income Counsel Canadian Value Counsel Canadian Growth Counsel U.S. Value Counsel U.S. Growth Counsel International Value Counsel International Growth Counsel Global Trend Strategy Counsel Global Real Estate Counsel Global Small Cap

TD Asset Mgmt Inc. Mackenzie†/Putnam†/Franklin Templeton Sionna Investment Managers Inc. Picton Mahoney/Montrusco Bolton Mount Lucas Mgmt LP Marsico Capital Mgmt, LLC Mackenzie Investments (Cundill) Mawer Investment Mgmt Ltd. Mount Lucas Mgmt LP Timbercreek Asset Management Inc. Mackenzie/Invesco/Wasatch

low to medium

Counsel Balanced Portfolio Class

Global Balanced

2.50 37.50 3.75 3.75 5.25 5.25 9.25 9.25 9.00 4.00 10.50

Counsel Short Term Bond Counsel Fixed Income Counsel Canadian Value Counsel Canadian Growth Counsel U.S. Value Counsel U.S. Growth Counsel International Value Counsel International Growth Counsel Global Trend Strategy Counsel Global Real Estate Counsel Global Small Cap

TD Asset Mgmt Inc. Mackenzie/Putnam/Franklin Templeton Sionna Investment Managers Inc. Picton Mahoney/Montrusco Bolton Mount Lucas Mgmt LP Marsico Capital Mgmt, LLC Mackenzie Investments (Cundill) Mawer Investment Mgmt Ltd. Mount Lucas Mgmt LP Timbercreek Asset Management Inc. Mackenzie/Invesco/Wasatch

low to medium

Counsel Growth Portfolio Class

Global Balanced Equity

1.50 18.50 5.00 5.00 7.00 7.00 12.00 12.00 12.00 5.50 14.50

Counsel Short Term Bond Counsel Fixed Income Counsel Canadian Value Counsel Canadian Growth Counsel U.S. Value Counsel U.S. Growth Counsel International Value Counsel International Growth Counsel Global Trend Strategy Counsel Global Real Estate Counsel Global Small Cap

TD Asset Mgmt Inc. Mackenzie/Putnam/Franklin Templeton Sionna Investment Managers Inc. Picton Mahoney/Montrusco Bolton Mount Lucas Mgmt LP Marsico Capital Mgmt, LLC Mackenzie Investments (Cundill) Mawer Investment Mgmt Ltd. Mount Lucas Mgmt LP Timbercreek Asset Management Inc. Mackenzie/Invesco/Wasatch

low to medium

Counsel All Equity Portfolio Class

Global Equity

6.25 6.25 8.25 8.25 15.00 15.00 15.00 6.50 19.50

Counsel Canadian Value Counsel Canadian Growth Counsel U.S. Value Counsel U.S. Growth Counsel International Value Counsel International Growth Counsel Global Trend Strategy Counsel Global Real Estate Counsel Global Small Cap

Sionna Investment Managers Inc. Picton Mahoney/Montrusco Bolton Mount Lucas Mgmt LP Marsico Capital Mgmt, LLC Mackenzie Investments (Cundill) Mawer Investment Mgmt Ltd. Mount Lucas Mgmt LP Timbercreek Asset Management Inc. Mackenzie/Invesco/Wasatch

medium

CLASS

COUNSEL PORTFOLIO COMPONENTS – CLASS SHARES – QUICK VIEW Name

Description

Primarily invests in

Sub-Advisor(s)

Risk Rating

Counsel Canadian Dividend Class

100

Canadian dividend

Counsel Canadian Dividend

Lincluden Investment Management

low to medium

Counsel Canadian Value Class

100

Canadian value equities

Counsel Canadian Value

Sionna Investment Managers Inc.

medium

Canadian growth equities Canadian quantitative growth equities

Counsel Canadian Growth

Picton Mahoney Asset Mgmt Montrusco Bolton Investments Inc.

medium

Counsel Canadian Growth Class

18

Target %

80 20

COUNSEL SERIES DESCRIPTION Series

Minimum Investment

A

$1,000

T

$1,000

D

$1,000

DT

$1,000

I

$1,000

IT

C

Series Description

Advisor Compensation

For all investors.

Sales Charge Purchase Option (Front-end) Redemption Charge Purchase Option (DSC) Low-Load Purchase Option

The same as Series A but for investors who want to receive a monthly cash flow at an annualized rate of up to 8% per year.

Sales Charge Purchase Option (Front-end) Redemption Charge Purchase Option (DSC) Low-Load Purchase Option

Generally for fee based accounts.

No trailing commission. Investors pay a negotiable advisory or asset based fee of up to 1.5%.

The same as Series D but for investors who want to receive a monthly cash flow at an annualized rate of up to 8% per year.

No trailing commission. Investors pay a negotiable advisory or asset based fee of up to 1.5%.

Generally for fee based accounts.

No trailing commission. Investors pay a negotiable advisory or asset-based fee in addition to a management fee.

$1,000

The same as Series I but for investors who want to receive a monthly cash flow at an annualized rate of up to 8% per year.

No trailing commission. Investors pay a negotiable advisory or asset-based fee in addition to a management fee.

$1,000

Series C Counsel Money Market is only for investors making investments using the Counsel Advisor Directed Rebalancing Service.

Sales Charge Purchase Option (Front-end) Redemption Charge Purchase Option (DSC) Low-Load Purchase Option

Subsequent regular purchases through pre-authorized debit (PAD) plans for all Counsel investment solutions can be made with a minimum investment of $50. To set up a systematic withdrawal plan (SWP), investors must have more than $5,000 in their account. Series P can only be purchased if enrolled in the IPC Private Wealth Program.

19

Counsel Portfolio Services 5015 Spectrum Way, Suite 300, Mississauga, ON L4W 0E4 Tel: (905) 625-9885, Toll Free: (877) 625-9885 Fax: (844) 378-6244

Counsel Client Services 180 Queen Street West, Toronto, ON M5V 3K1 Tel: (416) 934-7002, Toll Free: (877) 216-4979 Fax: (416) 922-5660, Toll Free Fax: (866) 766-6623

1. MER as at September 30, 2016. The management expense ratio (MER) is made up of the management fee plus fixed rate administration fee plus fund costs. The fixed rate administration fee includes all of the variable operating expenses, other than certain expenses know as fund costs. Fund costs includes expenses such as interest, applicable taxes, the fees and expenses of the Independent Review Committee, fees and expenses of holding and transacting in securities directly or indirectly in foreign markets and the costs of complying with any new regulatory requirement. The administration fee and fund costs are charged separately from the management fee of each series of an investment solution. MERS are marked with ‘new’ if the investment solution has not yet reported a management expense ratio. 2. Series T, DT and IT pay monthly distributions at an annualized rate of up to 8% which will generally consist of return of capital. Please read the Simplified Prospectus for details. 3. The MER for these series is lower than the stated management fees and administration fees, as Counsel has waived a portion of management fees during the period. Counsel may stop waiving these fees in the future which could result in a higher MER. 4. Counsel Premium Cash Account is only available for purchase under a Tax-Free Savings Account. 5. The negotiable advisory fee or asset based fee is up to a maximum annual rate of 1.5% paid quarterly for all series with the exception of Series I and IT whereby paid monthly.

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the Fund Facts and Simplified Prospectus before investing, available at www.counselservices.com. Mutual funds are not guaranteed, and their values change frequently and past performance may not be repeated. This document represents a quick reference summary of the information that appears in the Counsel Portfolio Services Inc. Simplified Prospectus and Annual Information Form. The document is not intended to solicit the purchase or sale of investment funds and does not constitute an offer to purchase. While great care has been taken to ensure the accuracy of the information within this document, Counsel Portfolio Services does not warrant its completeness or accuracy and does not assume any liability. DEALER USE ONLY

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