What were the significant macroeconomic events of the period, that impacted the fund’s performance? Please focus on the fund’s market, e.g., Canadian equities for a Canadian equity fund.

What were the significant macroeconomic events of the period, that impacted the fund’s performance? Please focus on the fund’s market, e.g., Canadian equities for a Canadian equity fund.

What were the 1-3 factors that contributed most to the fund’s relative performance, and why. Examples: sector weighting, geographic allocation, security selection, credit quality, duration, yield curve positioning, etc.

What were the top 1-3 individual contributors to the fund’s relative performance, and why? For fixed income, please specify coupon and full maturity date.

What were the 1-3 factors that detracted most from the fund’s relative performance, and why? Examples: sector weighting, geographic allocation, security selection, credit quality, duration, yield curve positioning, etc.

What were the top 1-3 individual detractors from your fund’s relative performance, and why? For fixed income, please specify coupon and full maturity date.

Please discuss any transactions, economic or market conditions and/or events that affected the mandate’s overall level of risk.

Were there any notable new transactions during the period that impacted performance?

Were there any notable increased positions during the period that impacted performance?

Were there any notable positions eliminated during the period that impacted performance?

Were there any notable decreased positions during the period that impacted performance?

What is your economic outlook for the coming period, and how have you positioned your fund accordingly? Please be specific (e.g. allocations, weightings, etc.).