Mutual Fund Benchmarks as of April 30, 2013

Index Total Return Average Annual Compound Return
1 mo. 3 mo. 6 mo. 1 yr. 2 yrs. 3 yrs. 5 yrs. 10 yrs.
Note: All Benchmarks are expressed in Canadian Dollars.
Source: Datastream, ScotiaMcLeod, Frank Russell Canada, Morgan Stanley Capital Int'l.
BMO Nesbitt Burns Cdn Small Cap Index -4.8 -6.5 -4.4 -5.2 -9.6 1.7 2.7 10.2
Blend: MLI TD Dividend Growth -1.1 1.0 7.4 10.4 4.3 7.6 5.0-
CPI - All Items 0.2 1.4 0.7 1.0 1.3 1.9 1.6 1.8
Canada Savings Bonds Index 0.0 0.1 0.2 0.5 0.5 0.5 1.0 1.5
Citigroup World Government Bond Index 0.1 0.2 -2.2 0.7 4.1 4.1 3.6 1.7
HANG SENG Total Return Index 1.0 -3.6 5.6 9.7 0.8 2.3 -2.4 6.3
MSCI EAFE ($ Cdn) 4.4 6.1 18.1 22.2 5.6 7.8 -0.5 5.9
MSCI Emerging Markets Free ($ Cdn) -0.2 -1.5 6.1 6.2 -1.5 2.3 -0.0 12.4
MSCI Europe ($ Cdn) 3.5 2.2 14.1 21.0 3.0 7.7 -1.5 5.6
MSCI Japan ($ Cdn) 7.7 18.0 31.8 24.4 12.0 6.3 -0.1 4.3
MSCI World ($ Cdn) 2.4 6.8 15.9 19.6 9.4 10.1 2.4 5.1
NASDAQ Composite ($ Cdn) 1.0 6.8 12.7 11.3 10.9 10.4 6.6 4.8
NIKKEI 225 Total Return Index ($ Cdn) 6.8 17.4 28.2 21.5 11.5 6.3 1.4 4.3
Russell 2500 ($Cdn) -0.5 6.8 18.8 21.2 11.1 12.8 7.9 7.5
S&P 500 Composite ($ Cdn) 1.0 7.5 14.0 16.5 11.5 10.3 2.8 2.0
S&P/TSX 60 Capped Total Return Index -2.6 -1.6 1.5 4.8 -2.8 2.6 -0.1-
S&P/TSX Capped Composite Total Return -2.1 -1.0 1.8 4.5 -2.7 3.6 0.7 9.3
S&P/TSX Dividend Composite -2.2 -1.8 0.5 1.8 -3.9---
S&P/TSX Equity Income Index -0.2 0.4 3.3 3.1 -0.0---
S&P/TSX Small Cap -4.8 -7.1 -6.9 -10.5 -15.3 -3.3 -4.0 2.6
S&P/TSX Small Cap Total Return -4.6 -6.4 -5.5 -7.9 -13.0 -0.8 -0.8-
S&P/TSX Total Return -2.1 -1.0 1.8 4.5 -2.7 3.6 0.7 9.3
TAAP Aggressive Growth 0.1 3.5 8.9 11.6 6.7 8.4--
TAAP Balanced 0.3 2.8 6.0 9.4 6.0 7.3--
TAAP Conservative 0.3 2.4 4.4 8.0 5.8 6.6--
TAAP Growth 0.1 3.0 6.9 10.1 5.8 7.5--
1-Year Average GIC Index 0.1 0.2 0.4 0.8 0.9 0.9 0.9 1.5
5-Year Average GIC Index 0.1 0.4 0.8 1.6 1.7 1.8 2.0 2.5
91 Day Treasury Bill Index 0.1 0.2 0.5 1.0 0.9 0.8 1.0 2.1