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Quarterly Portfolio Disclosure

Leith Wheeler Investment Funds 3rd Quarter of 2020 Leith Wheeler Balanced Fund Quarterly Portfolio Disclosure | September 30, 2020

TOTAL NET ASSET VALUE TOP 25 HOLDINGS (% OF NET ASSET VALUE) Net Assets $212.2 million Leith Wheeler International Equity Plus Fund Series A 13.1% Leith Wheeler Multi Credit Fund Series A 6.5%

Leith Wheeler U.S. Small/Mid-Cap Equity Fund Series A 3.8%

Toromont Industries Ltd 2.5% Canadian National Railway Co 2.2% ASSET MIX (% OF NET ASSET VALUE) Royal of 1.9%

Canada Housing Trust No 1 1.95% December 15, 2025 1.9% Fixed Income 32.6% Open Text Corp 1.7% Brookfield Asset Management Inc 1.5% Canadian Equity 30.6% Brookfield Infrastructure Partners LP 1.4% US Equity 15.9% -Dominion Bank 1.4% International Equity 11.9% Saputo Inc 1.4% Inc 1.2% High Yield 4.3% Tourmaline Oil Corp 1.1% Cash & Other Net Assets 2.8% Financial Corp 1.0% Loans 1.9% Waste Connections Inc 1.0% Canadian Government Bond 0.5% September 01, 2025 1.0% Province of 2.6% June 02, 2025 0.9% Cash & Other Net Assets 0.9% Corp Ltd 0.9% Bank of 0.9% Canadian Mortgage Pools 1.833% December 01, 2022 0.9% Bank of 0.9% Province of Ontario 2.9% June 02, 2049 0.8% Canadian Imperial Bank of Commerce 0.8%

This summary of the investment fund’s top 25 holdings may change due to ongoing portfolio transactions. A quarterly update is available 60 days after each quarter end.

1 Leith Wheeler Canadian Dividend Fund Quarterly Portfolio Disclosure | September 30, 2020

TOTAL NET ASSET VALUE TOP 25 HOLDINGS (% OF NET ASSET VALUE)

Net Assets $156.4 million Toromont Industries Ltd 7.9% Canadian National Railway Co 7.1%

Royal 5.9%

Open Text Corp 4.9%

Brookfield Infrastructure Partners LP 4.8% ASSET MIX (% OF NET ASSET VALUE) Saputo Inc 4.7% Brookfield Asset Management Inc 4.5% Toronto-Dominion Bank 4.5% Manulife Financial Corp 3.6% Canadian Tire Corp Ltd 3.6% Canadian Equity 99.1% Bank of Nova Scotia 3.2%

Cash & Other Net Assets 0.9% 3.0% Canadian Imperial Bank of Commerce 2.9% Inc 2.8% Hydro One Ltd 2.6% International Inc 2.4% iA Financial Corp Inc 2.4% 2.3% A&W Revenue Royalties Income Fund 2.3% Canadian Natural Resources Ltd 2.2% First Capital Real Estate Investment Trust 2.1% Corp 2.0% Constellation Software Inc 1.9% Russel Metals Inc 1.8% Ltd 1.6%

This summary of the investment fund’s top 25 holdings may change due to ongoing portfolio transactions. A quarterly update is available 60 days after each quarter end.

1 Leith Wheeler Canadian Equity Fund Quarterly Portfolio Disclosure | September 30, 2020

TOTAL NET ASSET VALUE TOP 25 HOLDINGS (% OF NET ASSET VALUE)

Net Assets $3.1 billion Toromont Industries Ltd 8.2% Canadian National Railway Co 7.1%

Royal Bank of Canada 6.3%

Open Text Corp 5.4%

Brookfield Asset Management Inc 4.8% ASSET MIX (% OF NET ASSET VALUE) Brookfield Infrastructure Partners LP 4.7% Toronto-Dominion Bank 4.5% Saputo Inc 4.4% Constellation Software Inc 3.8% Tourmaline Oil Corp 3.7% Canadian Equity 99.4% Manulife Financial Corp 3.4%

Cash & Other Net Assets 0.6% Waste Connections Inc 3.3% Canadian Tire Corp Ltd 3.0% Bank of Montreal 2.9% Bank of Nova Scotia 2.8% CGI Inc 2.5% Canadian Imperial Bank of Commerce 2.5% Rogers Communications Inc 2.3% Canadian Natural Resources Ltd 2.3% Finning International Inc 2.1% iA Financial Corp Inc 2.0% Hydro One Ltd 2.0% Canadian Western Bank 1.9% Ltd 1.5% Pembina Pipeline Corp 1.5%

This summary of the investment fund’s top 25 holdings may change due to ongoing portfolio transactions. A quarterly update is available 60 days after each quarter end.

1 Leith Wheeler Carbon Constrained Canadian Equity Fund Quarterly Portfolio Disclosure | September 30, 2020

TOTAL NET ASSET VALUE TOP 25 HOLDINGS (% OF NET ASSET VALUE)

Net Assets $60.5 million Toromont Industries Ltd 8.8% Canadian National Railway Co 7.7%

Royal Bank of Canada 6.8%

Open Text Corp 5.9%

Brookfield Asset Management Inc 5.4% ASSET MIX (% OF NET ASSET VALUE) Brookfield Infrastructure Partners LP 5.1% Toronto-Dominion Bank 5.1% Saputo Inc 4.9% Constellation Software Inc 4.2% Manulife Financial Corp 3.8% Canadian Equity 99.2% Waste Connections Inc 3.6%

Cash & Other Net Assets 0.8% Bank of Montreal 3.2% Canadian Tire Corp Ltd 3.2% Bank of Nova Scotia 3.0% Canadian Imperial Bank of Commerce 2.8% CGI Inc 2.8% Rogers Communications Inc 2.6% Finning International Inc 2.3% iA Financial Corp Inc 2.2% Hydro One Ltd 2.1% Canadian Western Bank 2.1% First Quantum Minerals Ltd 1.6% Nutrien Ltd 1.5% Winpak Ltd 1.2% Sleep Country Canada Holdings Inc 1.0%

This summary of the investment fund’s top 25 holdings may change due to ongoing portfolio transactions. A quarterly update is available 60 days after each quarter end.

1 Leith Wheeler Core Bond Fund Quarterly Portfolio Disclosure | September 30, 2020

TOTAL NET ASSET VALUE TOP 25 HOLDINGS (% OF NET ASSET VALUE)

Net Assets $194.3 million Canada Housing Trust No 1 1.95% December 15, 2025 7.1% Province of Ontario 2.9% December 02, 2046 3.3%

Canadian Government Bond 0.5% September 01, 2025 3.2%

Province of Ontario 2.6% June 02, 2025 3.0%

Bank of Montreal 2.89% June 20, 2023 2.2% ASSET MIX (% OF NET ASSET VALUE) Canadian Mortgage Pools 1.833% December 01, 2022 2.2% Bank of Nova Scotia 2.36% November 08, 2022 2.0% Province of Ontario 3.45% June 02, 2045 1.9% Canadian Imperial Bank of Commerce 2.47% December 05, 2022 1.8% Hydro- 4% February 15, 2055 1.7% Fixed Income 99.3% Canadian Mortgage Pools 1.883% September 01, 2022 1.5%

Cash & Other Net Assets 0.7% AltaGas Ltd 3.57% June 12, 2023 1.4% Canadian Government Bond 4% June 01, 2041 1.4% Silver Arrow Canada LP 2.361% January 15, 2022 1.4% Province of Ontario 3.5% June 02, 2043 1.3% Canadian Mortgage Pools 1.247% March 01, 2025 1.3% Province of Newfoundland and Labrador 2.85% June 02, 2029 1.2% Province of 3.05% December 01, 2048 1.2% Province of Ontario Generic Coupon Strip December 02, 2030 1.2% First Nations Finance Authority 3.05% June 01, 2028 1.2% Pembina Pipeline Corp 4.24% June 15, 2027 1.1% Province of 6.3% March 05, 2031 1.1% Canadian Imperial Bank of Commerce 2.04% March 21, 2022 1.1% HSBC Bank Canada 2.253% September 15, 2022 1.0% Province of Manitoba 5.7% March 05, 2037 1.0%

This summary of the investment fund’s top 25 holdings may change due to ongoing portfolio transactions. A quarterly update is available 60 days after each quarter end.

1 Leith Wheeler Corporate Advantage Fund Quarterly Portfolio Disclosure | September 30, 2020

TOTAL NET ASSET VALUE TOP 25 HOLDINGS (% OF NET ASSET VALUE)

Net Assets $127.9 million Leith Wheeler Preferred Share Fund Series A 14.4% Leith Wheeler Multi Credit Fund Series A 12.0%

Bow Centre Street LP 3.69% June 14, 2021 2.0%

Toronto-Dominion Bank 4.859% March 04, 2031 1.7%

Royal Bank of Canada 2.352% July 02, 2024 1.7% ASSET MIX (% OF NET ASSET VALUE) Toronto-Dominion Bank 2.496% December 02, 2024 1.7%

TransCanada PipeLines Ltd 3.8% April 05, 2027 1.6% Inc 2.5% May 14, 2030 1.5% Canadian Imperial Bank of Commerce 2.97% July 11, 2023 1.4% Fixed Income 73.4% Bank of Nova Scotia 2.29% June 28, 2024 1.4% High Yield 7.8% Bank of Montreal 3.19% March 01, 2028 1.4% Loans 3.5% Toronto-Dominion Bank 1.909% July 18, 2023 1.3%

Preferred Shares 14.3% TransCanada PipeLines Ltd 3.39% March 15, 2028 1.3% Inc 3.8% March 01, 2027 1.3% Cash & Other Net Assets 1.0% Royal Bank of Canada 2.609% November 01, 2024 1.2% 1.957% June 30, 2022 1.2% Pembina Pipeline Corp 4.24% June 15, 2027 1.2% Canadian Imperial Bank of Commerce 3.3% May 26, 2025 1.1% Bell Canada Inc 3.55% March 02, 2026 1.1% Ontario Power Generation Inc 3.315% October 04, 2027 1.0% Bank of Nova Scotia 2.62% December 02, 2026 1.0% AltaGas Ltd 3.98% October 04, 2027 0.9% Bank of Montreal 2.85% March 06, 2024 0.9% Corp 3.15% February 19, 2030 0.9% AIMCo Realty Investors LP 2.712% June 01, 2029 0.9%

This summary of the investment fund’s top 25 holdings may change due to ongoing portfolio transactions. A quarterly update is available 60 days after each quarter end.

1 Leith Wheeler Emerging Markets Equity Fund Quarterly Portfolio Disclosure | September 30, 2020

TOTAL NET ASSET VALUE TOP 25 HOLDINGS (% OF NET ASSET VALUE)

Net Assets $65.9 million Great Wall Motor Co Ltd 3.2% Mediatek Inc 3.1%

Fresnillo PLC 2.9%

Korea Investment Holdings Co Ltd 2.9%

SJM Holdings Ltd 2.9% ASSET MIX (% OF NET ASSET VALUE) Sun TV Network Ltd 2.5%

E-Mart Inc 2.4% Baidu Inc 2.3% Yue Yuen Industrial Holdings Ltd 2.2% Developed Markets 10.2% Infraestructura Energetica Nova 2.2%

Emerging Markets 87.8% Hero MotoCorp Ltd 2.1% Moscow Exchange MICEX-RTS PJSC 2.1% Other 1.5% Alrosa PJSC 2.1% Vodacom Group Ltd 2.1% Cash & Other Net Assets 0.5% Chow Tai Fook Jewellery Group Ltd 2.0% OPAP SA 2.0% TravelSky Technology Ltd 2.0% Fosun International Ltd 2.0% Nexteer Automotive Group Ltd 1.9% Pegatron Corp 1.9% ASE Technology Holding Co Ltd 1.9% Emaar Properties PJSC 1.8% Bank Mandiri Persero Tbk PT 1.8% Shanghai Pharmaceuticals Holding Co Ltd 1.8% Ayala Land Inc 1.8%

This summary of the investment fund’s top 25 holdings may change due to ongoing portfolio transactions. A quarterly update is available 60 days after each quarter end.

1 Leith Wheeler High Yield Bond Fund Quarterly Portfolio Disclosure | September 30, 2020

TOTAL NET ASSET VALUE TOP 25 HOLDINGS (% OF NET ASSET VALUE)

Net Assets $19.9 million Cash & Other Net Assets 6.5% Sprint Corp 7.25% September 15, 2021 3.5%

Tenet Healthcare Corp 4.625% July 15, 2024 3.4% Par Petroleum LLC / Par Petroleum Finance Corp 7.75% 3.4% December 15, 2025 ASSET MIX (% OF NET ASSET VALUE) Telesat Canada / Telesat LLC 4.875% June 01, 2027 3.2% Vistra Operations Co LLC 5.5% September 01, 2026 3.0%

Open Text Corp 3.875% February 15, 2028 2.9%

NRG Energy Inc 7.25% May 15, 2026 2.8% Qwest Corp 6.75% December 01, 2021 2.8% ATS Automation Tooling Systems Inc 6.5% June 15, 2023 2.8% Fixed Income 93.5% CVR Energy Inc 5.75% February 15, 2028 2.6% Cash & Other Net Assets 6.5% Teine Energy Ltd 6.875% September 30, 2022 2.5% Calpine Corp 5.25% June 01, 2026 2.5% frontdoor Inc 6.75% August 15, 2026 2.4% Adams Homes Inc 7.5% February 15, 2025 2.4% Talen Energy Supply LLC 6.625% January 15, 2028 2.3% Advanced Drainage Systems Inc 5% September 30, 2027 2.3% AES Corp 3.95% July 15, 2030 2.2% Mercer International Inc 6.5% February 01, 2024 2.2% Videotron Ltd 4.5% January 15, 2030 2.1% Brookfield Property REIT Inc / BPR Cumulus LLC / BPR Nimbus 2.0% LLC / GGSI S 5.75% May 15, 2026 Winnebago Industries Inc 6.25% July 15, 2028 1.9% PG&E Corp 5% July 01, 2028 1.8% Starwood Property Trust Inc 3.625% February 01, 2021 1.7% Dell International LLC 2.75% September 19, 2025 1.7%

This summary of the investment fund’s top 25 holdings may change due to ongoing portfolio transactions. A quarterly update is available 60 days after each quarter end.

1 Leith Wheeler Income Advantage Fund Quarterly Portfolio Disclosure | September 30, 2020

TOTAL NET ASSET VALUE TOP 25 HOLDINGS (% OF NET ASSET VALUE)

Net Assets $63.9 million Leith Wheeler Canadian Dividend Fund Series A 36.2% Leith Wheeler Preferred Share Fund Series A 10.6%

Leith Wheeler Multi Credit Fund Series A 9.0%

Royal Bank of Canada 2.352% July 02, 2024 1.4% Toronto-Dominion Bank 2.496% December 02, 2024 1.1% ASSET MIX (% OF NET ASSET VALUE) Bow Centre Street LP 3.69% June 14, 2021 1.1%

Toronto-Dominion Bank 4.859% March 04, 2031 1.1% Fixed Income 43.9% TransCanada PipeLines Ltd 3.39% March 15, 2028 1.0% Toronto-Dominion Bank 1.909% July 18, 2023 0.9% Canadian Equity 35.8% Pembina Pipeline Corp 4.24% June 15, 2027 0.9%

Preferred Shares 10.6% TransCanada PipeLines Ltd 3.8% April 05, 2027 0.9% Bell Canada Inc 2.5% May 14, 2030 0.8% High Yield 5.9% Bank of Montreal 2.85% March 06, 2024 0.8% Bank of Nova Scotia 2.29% June 28, 2024 0.8% Loans 2.6% Bank of Nova Scotia 2.36% November 08, 2022 0.8% Cash & Other Net Assets 1.3% Bank of Montreal 2.89% June 20, 2023 0.8% Bell Canada Inc 2.9% August 12, 2026 0.7% Daimler Canada Finance Inc 1.91% July 08, 2021 0.7% Canadian Imperial Bank of Commerce 2.97% July 11, 2023 0.7% Bank of Montreal 2.7% December 09, 2026 0.7% Shaw Communications Inc 3.8% March 01, 2027 0.6% Keyera Corp 3.934% June 21, 2028 0.6% Bell Canada Inc 3.55% March 02, 2026 0.6% OMERS Realty Corp 1.298% September 22, 2023 0.6% TELUS Corp 3.15% February 19, 2030 0.6%

This summary of the investment fund’s top 25 holdings may change due to ongoing portfolio transactions. A quarterly update is available 60 days after each quarter end.

1 Leith Wheeler International Equity Plus Fund Quarterly Portfolio Disclosure | September 30, 2020

TOTAL NET ASSET VALUE TOP 25 HOLDINGS (% OF NET ASSET VALUE) Net Assets $38.7 million Cash & Other Net Assets 9.4% Tesco PLC 3.7%

Sanofi 3.6% Novartis AG 3.4% ASSET MIX (% OF NET ASSET VALUE) Roche Holding AG 3.1% AstraZeneca PLC 3.1%

Vodafone Group PLC 2.9%

Europe - Excl. U.K. 33.0% Taiwan Semiconductor Manufacturing Co Ltd 2.9% Samsung Electronics Co Ltd 2.8% Japan 23.2% Sony Corp 2.6% U.K. 13.0% Panasonic Corp 2.6% Shanghai Fosun Pharmaceutical Group Co Ltd 2.6% Pacific - Excl. Japan 6.6% Nokia OYJ 2.6%

Emerging Markets 14.8% Samsung SDI Co Ltd 2.5% Astellas Pharma Inc 2.5% Cash & Other Net Assets 9.4% ING Groep NV 2.5% Fresenius Medical Care AG & Co KGaA 2.4% Murata Manufacturing Co Ltd 2.3% Total SA 2.2% Antofagasta PLC 2.2% Bayer AG 2.1% Daiwa House Industry Co Ltd 2.1% China Mobile Ltd 2.1% Japan Tobacco Inc 2.1% Sumitomo Mitsui Financial Group Inc 2.0%

This summary of the investment fund’s top 25 holdings may change due to ongoing portfolio transactions. A quarterly update is available 60 days after each quarter end.

1 Leith Wheeler Money Market Fund Quarterly Portfolio Disclosure | September 30, 2020

TOTAL NET ASSET VALUE TOP 25 HOLDINGS (% OF NET ASSET VALUE) Net Assets $376.6 million Canada T-Bills 0.16% January 21, 2021 14.8% Canada T-Bills 0.14% December 23, 2020 13.3%

Province of Alberta 0.23% October 21, 2020 12.8% Province of Saskatchewan 0.27% December 02, 2020 7.9% ASSET MIX (% OF NET ASSET VALUE) Province of Ontario 0.2% December 02, 2020 6.4% Canada T-Bills 0.18% November 26, 2020 6.0%

Canada T-Bills 0.17% February 18, 2021 5.9%

Canada T-Bills 0.2% October 29, 2020 3.3% TD Bankers' Acceptance 0.29% October 01, 2020 3.1% Treasury Bills 77.5% Hydro One 0.26% Oct/22/20 0.26% October 22, 2020 2.5% RBC Bankers' Acceptance 0.25% December 07, 2020 2.5% Discount Notes 27.0% Bank of Nova Scotia Bankers' Acceptance 0.24% October 2.2% 16, 2020 Cash & Other Net Assets -4.5% CIBC Bankers' Acceptance 0.24% November 02, 2020 2.1% BMO Bankers' Acceptance 0.25% October 26, 2020 2.1% Province of Alberta 0.25% October 02, 2020 1.8% TD Bankers' Acceptance 0.29% October 05, 2020 1.6% Province of Saskatchewan 0.21% June 17, 2021 1.5% RBC Bankers' Acceptance 0.25% December 29, 2020 1.4% Province of Quebec 0.2% March 05, 2021 1.2% Province of 0.31% October 16, 2020 1.2% Hydro One 0.28% Oct/29/20 0.28% October 29, 2020 1.0% Bank of Nova Scotia Bankers' Acceptance 0.25% 0.9% December 24, 2020 BMO Bankers' Acceptance 0.31% January 05, 2021 0.8% Hydro One 0.32% Oct/08/20 0.32% October 08, 2020 0.8% National Bank of Canada Bankers' Acceptance 0.24% 0.8% October 23, 2020

This summary of the investment fund’s top 25 holdings may change due to ongoing portfolio transactions. A quarterly update is available 60 days after each quarter end.

1 Leith Wheeler Multi Credit Fund Quarterly Portfolio Disclosure | September 30, 2020

TOTAL NET ASSET VALUE TOP 25 HOLDINGS (% OF NET ASSET VALUE)

Net Assets $211.1 million Cash & Other Net Assets 5.5% Tenet Healthcare Corp 4.625% July 15, 2024 3.4%

Par Petroleum LLC 7.02% January 12, 2026 3.2%

Telesat Canada / Telesat LLC 4.875% June 01, 2027 3.1%

CenturyLink Inc 2.397% March 15, 2027 3.1% ASSET MIX (% OF NET ASSET VALUE) PG&E Corp 5.5% June 23, 2025 2.7%

ATS Automation Tooling Systems Inc 6.5% June 15, 2023 2.7% CVR Energy Inc 5.75% February 15, 2028 2.6% MPH Acquisition Holdings LLC 3.75% June 07, 2023 2.5% Par Petroleum LLC / Par Petroleum Finance Corp 7.75% 2.5% High Yield Corporate Bonds 65.3% December 15, 2025

High Yield Senior Loans 29.2% frontdoor Inc 6.75% August 15, 2026 2.5% Brookfield Property REIT Inc / BPR Cumulus LLC / BPR Nimbus 2.4% Cash & Other Net Assets 5.5% LLC / GGSI S 5.75% May 15, 2026 Navistar Inc 3.66% November 06, 2024 2.4% Calpine Corp 5.25% June 01, 2026 2.3% Open Text Corp 3.875% February 15, 2028 2.3% Talen Energy Supply LLC 6.625% January 15, 2028 2.3% Adams Homes Inc 7.5% February 15, 2025 2.3% Mercer International Inc 6.5% February 01, 2024 2.2% Reynolds Group Holdings Inc 5% February 05, 2023 2.1% NRG Energy Inc 7.25% May 15, 2026 2.0% Winnebago Industries Inc 6.25% July 15, 2028 1.9% Vistra Operations Co LLC 5.5% September 01, 2026 1.9% AES Corp 3.95% July 15, 2030 1.9% T-Mobile USA Inc 3.404% April 01, 2027 1.9% Dell International LLC 2.75% September 19, 2025 1.9%

This summary of the investment fund’s top 25 holdings may change due to ongoing portfolio transactions. A quarterly update is available 60 days after each quarter end.

1 Leith Wheeler Preferred Share Fund Quarterly Portfolio Disclosure | September 30, 2020

TOTAL NET ASSET VALUE TOP 25 HOLDINGS (% OF NET ASSET VALUE)

Net Assets $48.7 million Inc Step Up Preferred Shares, Series I 6.1% Pembina Pipeline Corp Step Up Preferred Shares, Series C 5.7%

Royal Bank of Canada Step Up Preferred Shares, Series J 5.3% Canadian Imperial Bank of Commerce Step Up Preferred Shares, 5.1% Series R ASSET MIX (% OF NET ASSET VALUE) Toronto-Dominion Bank Step Up Preferred Shares, Series E 4.7% Bank of Montreal Step Up Preferred Shares, Series D 3.7%

TC Energy Corp Step Up Preferred Shares, Series G 3.3%

BCE Inc Step Up Preferred Shares, Series M 3.2% Inc Step Up Preferred Shares, Series B 3.0% Step Up Preferred Shares 89.3% Pembina Pipeline Corp Step Up Preferred Shares, Series I 2.7%

Straight Preferred Shares 10.2% Fortis Inc Step Up Preferred Shares, Series M 2.5% Manulife Financial Corp Step Up Preferred Shares, Series G 2.3% Cash & Other Net Assets 0.5% Great-West Lifeco Inc Straight Preferred Shares, Series P 2.2% Enbridge Inc Step Up Preferred Shares, Series G 2.1% Manulife Financial Corp Step Up Preferred Shares, Series O 2.1% CU Inc Straight Preferred Shares, Series A 1.9% Inc Step Up Preferred Shares, Series F 1.9% AltaGas Ltd Step Up Preferred Shares, Series G 1.9% Royal Bank of Canada Step Up Preferred Shares, Series R 1.9% Intact Financial Corp Step Up Preferred Shares, Series C 1.9% Bank of Nova Scotia Step Up Preferred Shares, Series Z 1.8% Actions Privilegiees Energie Renouvelable Brookfield Inc Step Up 1.7% Preferred Shares, Series A Toronto-Dominion Bank Step Up Preferred Shares, Series D 1.7% Great-West Lifeco Inc Straight Preferred Shares, Series G 1.5% Bank of Montreal Step Up Preferred Shares, Series Q 1.4%

This summary of the investment fund’s top 25 holdings may change due to ongoing portfolio transactions. A quarterly update is available 60 days after each quarter end.

1 Leith Wheeler Short Term Income Fund Quarterly Portfolio Disclosure | September 30, 2020

TOTAL NET ASSET VALUE TOP 25 HOLDINGS (% OF NET ASSET VALUE)

Net Assets $138.1 million Cash & Other Net Assets 16.0% Canadian Government Bond 1.5% August 01, 2021 10.4%

Manulife Bank of Canada 0.875% March 04, 2021 5.2%

GE Capital Canada Funding Co 4.6% January 26, 2022 3.8%

Suncor Energy Inc 3.1% November 26, 2021 3.7% ASSET MIX (% OF NET ASSET VALUE) North West Redwater Partnership / NWR Financing Co Ltd 2.1% 3.7% February 23, 2022 Royal Bank of Canada 3.31% January 20, 2026 3.7%

Royal Bank of Canada 0.645% June 27, 2022 3.6% Honda Canada Finance Inc 0.825% September 19, 2022 3.6%

Fixed Income 84.0% Toronto-Dominion Bank 0.521% October 06, 2020 3.6% Federation des Caisses Desjardins du Quebec 0.531% 3.6% December 17, 2020 Cash & Other Net Assets 16.0% Granite Reit Holdings LP 3.788% July 05, 2021 3.0% Bank of Nova Scotia 1.9% December 02, 2021 2.9% Enbridge Gas Inc 2.76% June 02, 2021 2.9% Bank of Montreal 1.61% October 28, 2021 2.9% Canada Corp 3.04% January 29, 2021 2.9% SmartCentres Real Estate Investment Trust 1.165% 2.9% December 21, 2020 Pembina Pipeline Corp 3.43% November 10, 2021 2.7% Saputo Inc 2.196% June 23, 2021 2.7% Inc 0.802% February 01, 2021 2.5% Enbridge Inc 4.85% November 12, 2020 2.3% Toyota Credit Canada Inc 0.854% October 13, 2020 1.8% Toyota Credit Canada Inc 0.865% September 27, 2021 1.6% Central 1 Credit Union 0.882% February 05, 2021 1.4% Ford Auto Securitization Trust 2.319% January 15, 2021 1.4%

This summary of the investment fund’s top 25 holdings may change due to ongoing portfolio transactions. A quarterly update is available 60 days after each quarter end.

1 Leith Wheeler US Dividend Fund (USD) Quarterly Portfolio Disclosure | September 30, 2020

TOTAL NET ASSET VALUE TOP 25 HOLDINGS (% OF NET ASSET VALUE)

Net Assets $13.0 million Lowe's Cos Inc 4.0% Medtronic PLC 3.3%

Verizon Communications Inc 3.3%

Chubb Ltd 3.2%

Johnson & Johnson 3.1% ASSET MIX (% OF NET ASSET VALUE) Stanley Black & Decker Inc 3.1%

UnitedHealth Group Inc 3.1% Comcast Corp 3.0% CVS Health Corp 3.0% Entergy Corp 3.0% US Equity 99.2% US Bancorp 3.0% Wells Fargo & Co 3.0% Cash & Other Net Assets 0.8% Corteva Inc 2.9% JPMorgan Chase & Co 2.9% Linde PLC 2.9% Deere & Co 2.9% Co 2.9% Raytheon Technologies Corp 2.8% Aon PLC 2.7% Exelon Corp 2.7% Northern Trust Corp 2.6% Cigna Corp 2.6% Healthpeak Properties Inc 2.5% CenterPoint Energy Inc 2.4% General Dynamics Corp 2.4%

This summary of the investment fund’s top 25 holdings may change due to ongoing portfolio transactions. A quarterly update is available 60 days after each quarter end.

1 Leith Wheeler US Equity Fund Quarterly Portfolio Disclosure | September 30, 2020

TOTAL NET ASSET VALUE TOP 25 HOLDINGS (% OF NET ASSET VALUE)

Net Assets $342.5 million Broadcom Inc 2.2% Marvell Technology Group Ltd 2.2%

Deere & Co 2.2%

Texas Instruments Inc 2.1%

Qualcomm Inc 2.1% ASSET MIX (% OF NET ASSET VALUE) Alphabet Inc 2.1%

Quanta Services Inc 1.9% Lennar Corp 1.9% Aaron's Inc 1.8% Stanley Black & Decker Inc 1.8% US Equity 99.3% MGM Growth Properties LLC 1.8% Air Products & Chemicals Inc 1.8% Cash & Other Net Assets 0.7% Microchip Technology Inc 1.7% Cognizant Technology Solutions Corp 1.7% Comcast Corp 1.7% American Campus Communities Inc 1.6% Owens Corning 1.6% Aramark 1.6% Co 1.6% MGM Resorts International 1.6% VICI Properties Inc 1.6% Coca-Cola European Partners PLC 1.5% Marriott Vacations Worldwide Corp 1.5% DuPont de Nemours Inc 1.5% AECOM 1.5%

This summary of the investment fund’s top 25 holdings may change due to ongoing portfolio transactions. A quarterly update is available 60 days after each quarter end.

1 Leith Wheeler US Small/Mid -Cap Equity Fund Quarterly Portfolio Disclosure | September 30, 2020

TOTAL NET ASSET VALUE TOP 25 HOLDINGS (% OF NET ASSET VALUE) Net Assets $13.3 million Cash & Other Net Assets 6.1% Brookfield Infrastructure Partners LP 5.4%

Keysight Technologies Inc 5.4%

CarMax Inc 4.6% Globe Life Inc 4.5% ASSET MIX (% OF NET ASSET VALUE) ASGN Inc 4.4%

Lamar Advertising Co 4.3% Carlisle Cos Inc 4.3% Wyndham Hotels & Resorts Inc 4.0%

US Equity 90.3% MKS Instruments Inc 3.9% Univar Solutions Inc 3.8% Canadian Equity 3.6% Tetra Tech Inc 3.7% Cash & Other Net Assets 6.1% Winpak Ltd 3.6% Hilton Grand Vacations Inc 3.5% STORE Capital Corp 3.4% TRI Pointe Group Inc 3.3% Mohawk Industries Inc 3.3% Starwood Property Trust Inc 3.2% Snap-on Inc 3.2% Middleby Corp 3.1% Universal Health Services Inc 2.9% Cogent Communications Holdings Inc 2.7% Jefferies Financial Group Inc 2.7% frontdoor Inc 2.7% CBRE Group Inc 2.6%

This summary of the investment fund’s top 25 holdings may change due to ongoing portfolio transactions. A quarterly update is available 60 days after each quarter end.

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