Equitable Life Mackenzie Global Small Cap Growth Fund Select* PIVOTAL SELECT MARCH 31, 2015 Fund Information Date of Inception: Net Asset Value per Unit: Management Expense Ratio (MER): September 2013 $14.00 3.07% Top 10 Holdings Asset Class: Portfolio Manager: Product Availability: Global Small/Mid Cap Equity Mackenzie Financial Corporation Investment Class, Estate Class Fund Overview as of January 31, 2015 Exact Sciences Corp - Common Lattice Semiconductor Corp - Common Generac Holdings Inc - Common Spirit Airlines Inc - Common Textura Corp - Common Real Nutriceutical Group Ltd - Common Fresh Market Inc - Common NMC Health PLC - Common Waste Connections Inc - Common Cyberonics Inc - Common Asset Allocation % Portfolio 5.3 4.0 3.2 3.2 3.0 2.9 2.8 2.7 2.7 2.5 The objective of the segregated fund is to invest in units of the Mackenzie Global Small Cap Growth Class or a substantially similar fund. The underlying fund objective is to pursue long-term capital growth by investing primarily in equity securities of small- and mid-capitalization companies anywhere in the world. Risk Rating Underlying Mutual Fund Compound Return* US Equity 61.9% International Equity 41.8% as of March 31, 2015 Period 1 Mth Designated Fund 1.91% 10.19% 11.30% 8.31% 17.19% 15.39% 7.45% 7.11% Benchmark 1.15% 11.24% 14.01% 15.00% 18.38% 13.65% 6.21% - Quartile 3 Mth 1 6 Mth 3 1 Yr 4 3 Yr 4 5 Yr 3 10 Yr 2 Inception 1 - Underlying Mutual Fund Calendar Return* as of March 31, 2015 Sector Allocation Healthcare Industrial Services Technology Financial Services Consumer Goods Other Period 25.9% 16.7% 15.9% 13.7% 10.4% 17.4% 2014 2013 2012 2011 2010 2009 2008 2007 2006 Designated Fund 6.66% 32.31% 16.37% -3.51% 17.56% 14.55% -17.16% -1.37% 6.46% Benchmark 9.05% 35.96% 11.21% -9.69% 13.55% 25.73% -32.90% -3.97% 13.07% Quartile 3 3 1 1 1 4 1 1 Underlying Mutual Fund Growth of $10,000* Geographic Allocation United States European Union Asia/Pacific Rim Japan Other European Other 61.9% 14.8% 11.2% 5.4% 4.5% 2.2% We are providing this information to you for general information purposes only. * Underlying mutual fund's investor series performance shown for illustration purposes only. Actual segregated fund performance will vary. Equitable Life of Canada and its representatives have no control over the function or design of the software which has assembled these reports and they may not contain accurate or current unit values. Returns under 1 year are simple rates of return. All others are annual compound rates of return. All returns are calculated after taking expenses, management and administration fees into account. Important information about Equitable Life’s segregated funds is found in the Information Folder, available from your Advisor. ANY AMOUNT THAT IS ALLOCATED TO A SEGREGATED FUND IS INVESTED AT THE RISK OF THE OWNER AND MAY INCREASE OR DECREASE IN VALUE. 4