FUND FACTS EdgePoint Wealth Management Inc. EdgePoint Canadian Growth & Income Portfolio, Series F(N) May 26, 2021
This document contains key information you should know about EdgePoint Canadian Growth & Income Portfolio, Series F(N). You can find more detailed information in the Fund's simplified prospectus. Ask your representative for a copy or contact EdgePoint Wealth Management Inc. ("EdgePoint") at 416.963.9353 or toll-free at 866.757.7207 or [email protected]. Copies are also available on EdgePoint's website at www.edgepointwealth.com. Before you invest in any fund, consider how the fund would work with your other investments and your tolerance for risk. QUICK FACTS Fund code: EDG5881 or EDG6881 Fund manager: EdgePoint Wealth Management Inc. Date series started: August 3, 2010 Portfolio manager: EdgePoint Investment Group Inc. Total value of Fund on March 31, 2021: $1.6 billion Distributions: Quarterly (March, June, September, December) Management expense ratio (MER): 0.79% Minimum investment: Initial: $20,000; Subsequent: $1,000 Pre-Authorized Chequing Plan: $150 with $20,000 initial investment
WHAT DOES THE FUND INVEST IN? The Fund’s objective is to provide a combination of long-term capital growth and income generation by investing primarily in Canadian equity and fixed income securities. The Fund invests in companies with strong competitive positions, defendable barriers to entry, long-term growth prospects and competent management teams. Equity securities of foreign issuers aren't typically expected to exceed 20% of the net assets of the Fund at the time of purchase. The fixed-income approach seeks securities that provide an attractive return through coupon payments and capital appreciation while focusing on the borrower’s (bond issuer’s) ability to meet its debt obligations, or the payment of periodic coupons and the return of the principal at maturity.
The chart below provides a snapshot of the Fund's investments as at the date specified. The Fund's investments will change.
Top 10 investments (March 31, 2021) Investment mix (March 31, 2021)
Corporate Bonds 24.71% 1 Element Fleet Management Corp. 3.95% 2 Onex Corp. 3.80% Diversified Financials 14.21% 3 Fairfax Financial Holdings Ltd. 3.63% Cash and other net assets 10.08% 4 Osisko Gold Royalties Ltd. 3.41% Other 9.91% 5 Restaurant Brands International Inc. 3.39% Energy 9.53% 6 PrairieSky Royalty Ltd. 3.14% Consumer Discretionary 9.17% 7 AutoCanada Inc. 2.88% Materials 6.47% 8 Brookfield Asset Management Inc., class A 2.82% Industrials 6.07% 9 Toronto-Dominion Bank 2.40% Insurance 5.36% 10 Constellation Software Inc. 2.24% Information Technology 4.49% Total percentage of top 10 investments: 31.66% | Total number of investments: 193
HOW RISKY IS IT? RISK RATING The value of the Fund can go down as well as up. You could lose money. EdgePoint has rated the volatility of this Fund as low to medium.
One way to gauge risk is to look at how much a fund's returns change This rating is based on how much the Fund's returns have changed from year to over time. This is called "volatility". year. It doesn't tell you how volatile the Fund will be in the future. The rating can change over time. A fund with a low rating can still lose money. In general, funds with higher volatility will have returns that change more over time. They typically have a greater chance of losing money and may have a greater chance of higher returns. Funds with lower volatility tend to have returns that change less over time. They typically have lower returns and may have a lower chance of losing money. For more information about the risk rating and specific risks that can affect the Fund's return, see the Risk section of the Fund's simplified prospectus.
NO GUARANTEES Like most mutual funds, this Fund doesn't have any guarantees. You may not get back the money you invest.
Page 1 of 3 EdgePoint Canadian Growth & Income Portfolio, Series F(N) HOW HAS THE FUND PERFORMED? This section tells you how Series F(N) units of the Fund have performed over the past 10 calendar years. Returns are after fund expenses have been deducted. These expenses reduce the Fund's returns.
Year-by-year returns This chart shows how Series F(N) units of the Fund performed in each of the past 10 calendar years. The Fund has dropped in value in 3 of the 10 years. The range of returns and change from year to year can help you assess how risky the Fund has been in the past. It does not tell you how the Fund will perform in the future.
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Best and worst 3-month returns This table shows the best and worst returns for Series F(N) units of the Fund in a 3-month period over the past 10 years. The best and worst 3-month returns could be higher or lower in the future. Consider how much of a loss you could afford to take in a short period of time.
Return 3 months ending If you invested $1,000 at the beginning of the period
Best return 13.50% January 31, 2021 Your investment would rise to $1,134.97
Worst return -23.07% March 31, 2020 Your investment would drop to $769.25
Average return The annual compounded return of Series F(N) units of the Fund was 7.63% over the past 10 years. If you had invested $1,000 in the Fund 10 years ago, your investment would now be worth $2,086.67.
WHO IS THIS FUND FOR? The Fund is suitable for investors who seek a combination of capital growth and income generation over the long term and want to invest in Canadian equity and fixed-income securities. Investors should have a minimum investment horizon of five years and be willing to accept low to medium investment risk. The Fund is available only to investors residing in non-HST participating provinces.
A WORD ABOUT TAX In general, you’ll have to pay income tax on any money you make on the Fund. How much you pay depends on the tax laws where you live and whether or not you hold the Fund in a registered plan, such as a Registered Retirement Savings Plan or a Tax-Free Savings Account. Keep in mind that if you hold the Fund in a non-registered account, distributions are included in your taxable income, whether you receive them in cash or have them reinvested.
HOW MUCH DOES IT COST? The following tables show the fees and expenses that you could pay to buy, own or sell Series F(N) units of the Fund. The fees and expenses — including any commissions — can vary among series of a fund and among funds. Higher commissions can influence representatives to recommend one investment over another. Ask about other funds and investments that may be suitable for you at a lower cost.
1. Sales charges There are no sales charges for Series F(N) units of the Fund. This series is only available if you have a fee-based account with your representative's firm and the firm has signed an agreement with EdgePoint.
Page 2 of 3 EdgePoint Canadian Growth & Income Portfolio, Series F(N) 2. Fund expenses Annual rate (as a % of the fund's value) You don't pay these expenses directly. They affect you because they Management expense ratio (MER) reduce the Fund's returns. This is the total of the Fund's management fee and operating 0.79%
expenses. As of December 31, 2020, the Fund's expenses were 0.86% of its value. This amounts to $8.60 for every $1,000 invested. Trading expense ratio (TER) These are the fund's trading costs. 0.07% Fund expenses 0.86% More about trailing commission EdgePoint doesn't pay any trailing commissions to your representative’s firm.
3. Other fees You may have to pay other fees when you buy, hold, sell or switch units of the Fund.
FEE WHAT YOU PAY Non-sufficient funds (NSF) A fee of $25 may be charged on NSF cheques. cheque fee Short-term trading fee The Fund may charge you a short-term trading fee of up to 5% if you sell or switch units within 30 calendar days of purchasing them. The Fund deducts the fee from the value of the units you're selling or switching, subject to certain exceptions. Switch fee You may have to pay your representative's firm a switch fee of up to 2% of the net asset value of the units being switched. You can negotiate this fee with your representative's firm. Wire transfer fee A fee of $25 may be charged on wire transactions. Investment advisory fee You negotiate and pay your representative’s firm an investment advisory fee, plus any applicable taxes for the on-going advice you receive. For fund code EDG6881, the fee and applicable taxes are paid by redeeming some of the units you own of the Fund on a quarterly basis. Otherwise, for fund code EDG5881 you pay an amount to your representative’s firm directly, as specified in your fee-for-service arrangement.
WHAT IF I CHANGE MY MIND? FOR MORE INFORMATION Securities legislation in some provinces and territories gives you the Contact EdgePoint or your representative for a copy of the Fund's simplified right to: prospectus and other disclosure documents. These documents and Fund Facts • withdraw from an agreement to buy mutual fund units within two make up the Fund's legal documents. business days of receiving the simplified prospectus or Fund Facts document, or EdgePoint Wealth Management Inc. • cancel your purchase within 48 hours of receiving confirmation of your 150 Bloor St. West, Suite 500 purchase. Toronto, ON M5S 2X9 Head office: 416.963.9353 or 866.757.7207 Securities legislation in some provinces and territories also gives you Client Services: 416.643.5100 or 866.818.8877 the right to cancel an agreement to buy mutual fund units and receive Email: [email protected] your money back or make a claim for damages if the simplified Website: www.edgepointwealth.com prospectus or Fund Facts document, annual information form, or financial statements misrepresent any facts about the Fund. These rights To learn more about investing in mutual funds, see the brochure Understanding must be exercised within the time limits set by the securities legislation mutual funds, which is available on the website of the Canadian Securities in your province or territory. Administrators at www.securities-administrators.ca.
For more information, refer to the securities legislation of your province or territory or consult your lawyer.
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