AlphaDelta Canadian Momentum Equity Class Portfolio Holdings and Characteristics As of May 31, 2021

No. List Ticker Company Name Portfolio Sector Industry Sub‐Industry Market 1‐Year 1‐Year Overall Academic FPS 52‐Week 52‐Week Trend Trend Country Weight Cap Stock Stock SciVest Price Price Mo Price Mo High Hi‐Lo Range Line Line ($B CAD) Return Price Mo Factor Rank Rank Percent Percent R‐Squared T‐Statistic (%) Graph Rank Rank Rank Rank Rank 1 CA RFP RESOLUTE FOREST PRODUCTS 2.6% Materials Paper & Forest Products Paper Products 1.6 695.7 1 1 11 147 85 56 56 2 CA ACQ AUTOCANADA INC 2.1% Consumer Discretionary Specialty Retail Automotive Retail 1.2 472.8 2 1 14 241 196 52 52 3 CA TBRD THUNDERBIRD ENTERTAINMENT GR 2.4% Communication Services Entertainment Movies & Entertainment 0.2 248.5 6 14 15 232 193 18 18 4 CA DLCG DOMINION LENDING CENTRES INC 2.2% Financials Capital Markets Asset Management & Custody Ban 0.2 248.7 8 13 16 255 215 32 32 5 CA GSY GOEASY LTD 2.4% Financials Consumer Finance Consumer Finance 2.4 177.3 9 28 41 90 68 13 13 6CAFMFIRST QUANTUM MINERALS LTD 2.3% Materials Metals & Mining Copper 20.5 272.6 10 18 17 237 200 39 39 7 CA WJX WAJAX CORP 2.3% Industrials Trading Companies & Distributo Trading Companies & Distributo 0.5 195.4 13 44 39 134 88 14 14 8 CA TFII TFI INTERNATIONAL INC 2.5% Industrials Road & Rail Trucking 10.8 182.7 14 35 43 1 1 51 51 9 CA CHW CHESSWOOD GROUP LTD 2.2% Financials Diversified Financial Services Specialized Finance 0.2 239.4 15 21 29 210 172 34 34 10 CA GIL ACTIVEWEAR INC 2.3% Consumer Discretionary Textiles, Apparel & Luxury Goo Apparel, Accessories & Luxury 8.6 129.8 16 57 65 132 95 3 3 11 CA CERV CERVUS EQUIPMENT CORP 2.3% Industrials Trading Companies & Distributo Trading Companies & Distributo 0.3 141.6 17 55 63 138 92 7 7 12 CA IBG IBI GROUP INC 2.4% Industrials Professional Services Research & Consulting Services 0.3 124.2 19 58 54 142 102 1 1 13 CA ISV INFORMATION SERVICES CORP 2.4% Real Estate Real Estate Management & Devel Real Estate Services 0.5 102.6 22 88851144 14 CA IVN IVANHOE MINES LTD‐CL A 2.3% Materials Metals & Mining Diversified Metals & Mining 10.7 191.1 23 25 28 198 164 55 55 15 CA ECN ECN CAPITAL CORP 2.3% Financials Diversified Financial Services Specialized Finance 2.1 80.8 25 84 81 127 91 2 2 16 CA IFP INTERFOR CORP 2.1% Materials Paper & Forest Products Forest Products 2.0 252.4 28 19 24 260 227 20 20 17 CA BRE BRIDGEMARQ REAL ESTATE SERVI 2.3% Real Estate Real Estate Management & Devel Real Estate Services 0.2 91.6 29 103 95 59 53 5 5 18 CA GWO GREAT‐WEST LIFECO INC 2.3% Financials Insurance Life & Health Insurance 34.7 76.6 31 1131041166 19 CA CFP CANFOR CORP 2.2% Materials Paper & Forest Products Forest Products 3.7 194.9 32 22 27 247 216 21 21 20 CA BMO BANK OF 2.4% Financials Banks Diversified Banks 81.7 95.8 33 96 97 47 44 11 11 21 CA MTY MTY FOOD GROUP INC 2.4% Consumer Discretionary Hotels, Restaurants & Leisure Restaurants 1.5 147.7 43 60 51 93 71 92 92 22 CA HDI HARDWOODS DISTRIBUTION INC 2.1% Industrials Trading Companies & Distributo Trading Companies & Distributo 0.7 130.8 44 36 56 218 199 15 15 23 CA POW POWER CORP OF 2.4% Financials Insurance Life & Health Insurance 26.6 87.5 46 115 112 34 34 27 27 24 CA CTC/A CANADIAN TIRE CORP‐CLASS A2.3%Consumer Discretionary Multiline Retail General Merchandise Stores 12.6 81.1 51 101 113 157 147 10 10 25 CA TECK/B TECK RESOURCES LTD‐CLS B 2.2% Materials Metals & Mining Diversified Metals & Mining 15.7 130.2 55 64 60 205 183 36 36 26 CA TCL/A TRANSCONTINENTAL INC‐CL A 2.2% Industrials Commercial Services & Supplies Commercial Printing 2.0 97.5 68 65 72 176 165 24 24 27 CA CLIQ ALCANNA INC 2.1% Consumer Staples Food & Staples Retailing Food Retail 0.3 136.9 70 27 32 261 239 23 23 28 CA EQB EQUITABLE GROUP INC 2.1% Financials Thrifts & Mortgage Finance Thrifts & Mortgage Finance 2.4 117.6 73 76 64 215 194 47 47 29 CA ZZZ SLEEP COUNTRY CANADA HOLDING 2.1% Consumer Discretionary Specialty Retail Homefurnishing Retail 1.1 93.8 109 52 80 256 247 12 12 30 CA WBR WATERLOO BREWING LTD 2.7% Consumer Staples Beverages Brewers 0.3 161.7 n/a n/a n/a n/a n/a n/a n/a Canada Portfolio Weighted Average 69.1% 8.4 180.8 29.6 49.8 52.9 146.3 122.2 24.3 24.3

1USLBL BRANDS INC 0.6% Consumer Discretionary Specialty Retail Apparel Retail 23.5 331.6 1 1 1 111 82 8 8 2 US FCX FREEPORT‐MCMORAN INC 0.6% Materials Metals & Mining Copper 75.5 372.1 2 1 1 321 207 13 13 3 US IVZ INVESCO LTD 0.6% Financials Capital Markets Asset Management & Custody Ban 15.9 271.5 3 1151 12929 4 US ALLY ALLY FINANCIAL INC 0.6% Financials Consumer Finance Consumer Finance 24.5 221.6 4 22 35 56 54 5 5 5 US TPR TAPESTRY INC 0.6% Consumer Discretionary Textiles, Apparel & Luxury Goo Apparel, Accessories & Luxury 15.1 230.1 5 1 12 441 313 27 27 6USCZRCAESARS ENTERTAINMENT INC 0.6% Consumer Discretionary Hotels, Restaurants & Leisure Casinos & Gaming 27.1 203.0 6 25 21 83 72 31 31 7USMOSMOSAIC CO/THE 0.6% Materials Chemicals Fertilizers & Agricultural Che 16.6 202.1 7 21 32 223 149 26 26 8USGPSGAP INC/THE 0.5% Consumer Discretionary Specialty Retail Apparel Retail 15.2 278.9 8 1 20 420 305 71 71 9USSIVBSVB FINANCIAL GROUP 0.6% Financials Banks Regional Banks 38.2 171.4 11 29 39 112 90 44 44 10 US PWR QUANTA SERVICES INC 0.6% Industrials Construction & Engineering Construction & Engineering 16.0 159.2 12 32 41 342 262 1 1 11 US HWM HOWMET AEROSPACE INC 0.6% Industrials Aerospace & Defense Aerospace & Defense 18.6 171.3 15 41 50 1 1 36 36 12 US RH RH 0.6% Consumer Discretionary Specialty Retail Homefurnishing Retail 16.2 195.6 16 14 33 481 366 53 53 13 US DAR DARLING INGREDIENTS INC 0.5% Consumer Staples Food Products Agricultural Products 13.5 193.7 17 19 24 515 402 30 30 14 US LAD LITHIA MOTORS INC‐CL A0.6%Consumer Discretionary Specialty Retail Automotive Retail 12.9 193.1 18 15 13 531 424 135 135 15 US DE DEERE & CO 0.5% Industrials Machinery Agricultural & Farm Machinery 135.9 140.7 19 38 42 432 336 2 2 16 US URI UNITED RENTALS INC 0.6% Industrials Trading Companies & Distributo Trading Companies & Distributo 29.2 140.4 21 46 52 296 226 21 21 17 US MGM MGM RESORTS INTERNATIONAL 0.6% Consumer Discretionary Hotels, Restaurants & Leisure Casinos & Gaming 25.4 149.6 22 47 47 199 142 74 74 18 US DFS DISCOVER FINANCIAL SERVICES 0.6% Financials Consumer Finance Consumer Finance 43.1 152.5 23 44 65 176 139 52 52 19 US BG BUNGE LTD 0.6% Consumer Staples Food Products Agricultural Products 14.8 129.6 24 63 62 329 268 3 3 20 US WAL WESTERN ALLIANCE BANCORP 0.6% Financials Banks Regional Banks 12.5 166.6 27 26 40 406 296 161 161 21 US AGCO AGCO CORP 0.6% Industrials Machinery Agricultural & Farm Machinery 12.6 158.8 29 31 44 494 386 14 14 22 US CAT CATERPILLAR INC 0.6% Industrials Machinery Construction Machinery & Heavy 159.3 105.4 31 121 100 154 136 4 4 23 US ALGN ALIGN TECHNOLOGY INC 0.6% Health Care Health Care Equipment & Suppli Health Care Supplies 56.3 140.3 34 40 45 336 266 140 140 24 US WLK WESTLAKE CHEMICAL CORP 0.6% Materials Chemicals Commodity Chemicals 15.6 114.5 39 84 90 291 237 9 9 25 US NWL NEWELL BRANDS INC 0.6% Consumer Discretionary Household Durables Housewares & Specialties 14.7 127.7 46 79 96 207 161 42 42 26 US MLM MARTIN MARIETTA MATERIALS 0.6% Materials Construction Materials Construction Materials 27.4 90.9 77 128 136 289 249 23 23 27 US CE CELANESE CORP 0.6% Materials Chemicals Specialty Chemicals 22.5 88.0 80 159 176 201 165 16 16 28 US WRK WESTROCK CO 0.6% Materials Containers & Packaging Paper Packaging 18.7 112.0 90 91 154 349 288 34 34 29 US DOW DOW INC 0.6% Materials Chemicals Commodity Chemicals 61.5 86.1 108 210 167 267 247 25 25 30 US PH PARKER HANNIFIN CORP 0.6% Industrials Machinery Industrial Machinery 48.0 73.8 120 163 172 306 280 54 54 US Portfolio Weighted Average 17.3% 34.1 172.6 30.3 52.9 60.6 274.5 214.9 39.8 39.8 Overall Portfolio Weighted Average 86.4% 13.5 179.2 29.7 50.4 54.4 172.0 140.7 27.4 27.4 AlphaDelta Canadian Momentum Equity Class Portfolio Holdings and Characteristics As of May 31, 2021

COUNTRY OF STOCK LISTING MARKET CAP BUCKETS (CA$)

Large Cap ($10B to $100B); 35.0% United States; Mid Cap ($2B to 17.3% $10B); 13.4% Mega Cap (>$100B); 1.1% Canada; 69.1% Cash; 13.6% Cash; 13.6% Small Cap (<$2B); 37.0%

SECTOR EXPOSURES INDUSTRY EXPOSURES Capital Markets, 2.8% Beverages, 2.7% Professional Services, 2.4% Textiles, Apparel & Luxury Road & Rail, 2.5% Goo, 2.9% Entertainment, 2.4% Chemicals, 2.3% Consumer Consumer Finance, 3.6% Multiline Retail, 2.3% Consumer Staples, Machinery, 2.2% Discretionary, Banks, 3.6% Commercial Services & 15.9% 5.9% Supplies, 2.2% Hotels, Restaurants & Food & Staples Retailing, Leisure, 3.7% 2.1% Thrifts & Mortgage Real Estate, 4.8% Materials, 17.7% Finance, 2.1% Diversified Financial Food Products, 1.1% Communication Services, 4.6% Services, 2.4%

Health Care, 0.6% Insurance, 4.8% Industrials, 17.8% Cash, 13.6% Real Estate Management & Devel, 4.8% Cash, 13.6%

Specialty Retail, 6.5% Financials, 21.4%

Paper & Forest Products, Metals & Mining, 7.4% 6.8% Trading Companies & Distributo, 7.3%

* Holdings and data as of date = May 31 2021 ** All data is captured just prior to publication, as of market close on the as of date shown above. Data is sourced and derived from Bloomberg, S&P ClariFi and SciVest Capital Management Inc. "Market Cap" is the current market capitalization of equity. The "SciVest Overall Price Mo Score Rank" is the rank of each stock using SciVest Capital Management Inc.'s proprietary SciVest Price Momentum Score within either the Canadian or US stock selection universe (lower rank is better) as of the reporting date. The SciVest Price Momentum Score captures the magnitude and the quality of a stock's price momentum relative to all other stocks within each country's stock selection universe (i.e., relative strength). The SciVest Price Momentum Score is comprised of the six (6) sub‐factors listed after the SciVest Overall Price Mo Score Rank in the table above. "Portfolio Weighted Average" is the weighted average of each data item where each data point within the average is weighted by the percentage held of each portfolio holding (not including cash).