Printed on 12-23-2014 Fiera Global Equity Fund Fund Category Global Equity Morningstar Return High General Information Performance Analysis as at 11-30-2014 Fund Code Fund Inception Underlying Inception Registered Plan Eligibility Fund Assets ($Mil) Underlying Assets ($Mil) 207 June 2011 October 2009 100% 28.54 1237.27 Investment Fees % Operating Expenses % Underlying Operating Expenses % 0.50 0.02 0.07 Management Company Web Site Fiera Capital Corporation www.desjardinslife insurance.com 25 Fund 19 Underlying Fund 16 Benchmark 10 7 — — — — — — — — & & & 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 YTD Calendar Year — 6.4 — 6.7 — 19.6 — -7.5 — -25.8 — 10.4 13.3 5.9 5.7 -3.2 17.3 13.3 37.4 35.2 16.4 14.5 Fund Return % Benchmark % Fund Benchmark Investment Quartile as at 11-30-2014 Annualized Returns % Moderate Growth of $10,000 22 13 Volatility Analysis Low Morningstar Risk Average 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 10 Yr 19.9 17.3 27.6 25.7 23.1 20.6 19.5 15.2 18.0 12.7 — 6.2 High Category Disclosure The above data represents past performance returns, which is not indicative of future results. These are gross performance returns, calculated after the fund's operating expenses, but before investment fees. For more information, please contact Desjardins Insurance's Customer Contact Centre at 1-800-968-3587. Investment Objective The Fund targets an annualized return of 1.75% higher than the MSCI World Index, over moving four-year periods. Portfolio Analysis as at 11-30-2014 Composition Market Cap Mid Small Investment Strategy Equity Style 1.0 0.0 0.1 52.9 46.0 0.0 Large Benchmark MSCI World Net The investments are actively managed in order to provide investors with long-term capital appreciation by investing primarily in a diversified portfolio of global securities. % Assets Cash Fixed Income Canadian Equity US Equity International Equity Other % Giant 52.0 Large Medium Small 29.6 16.8 1.6 Micro 0.0 Value Blend Growth Top Ten Holdings % Assets Moody's Corporation Becton Dickinson & Co Johnson & Johnson Diageo PLC U.S. Bancorp 4.1 3.8 3.4 3.1 3.0 Nestle SA TJX Companies Nike Inc Class B MasterCard Inc Class A Keyence Corp 3.0 2.9 2.8 2.8 2.8 Total Number of Portfolio Holdings Total Number of Underlying Holdings Total Number of Stock Holdings Total Number of Bond Holdings 2 53 48 0 Top Five Countries United States Switzerland United Kingdom Japan Australia Global Equity Sectors Utilities Energy Financials Materials Consumer Discretionary Consumer Staples Telecommunication Services Industrials Health Care Information Technology Unclassified ©2014. Morningstar Research Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Morningstar is not responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results. This fund is an investment product offered under an insurance contract issued by Desjardins Financial Security. Desjardins Insurance refers to Desjardins Financial Security Life Assurance Company. % Assets 52.9 15.5 10.2 4.8 2.7 % Equity 0.0 0.0 20.9 2.4 12.6 14.1 0.0 20.3 14.5 13.2 2.0 ?