Next Edge Bio-Tech Plus Fund: Performance

Historical Performance

Class A1

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC ANNUAL
2017 4.70%  9.94% 2.23% 17.67%3
2016  -19.36% -6.35%  2.23% 4.93% 0.73% -8.01% 14.00% 1.96% 5.06% -9.56% 2.73% 6.71% -9.11%
2015  —  —  — -6.01%* 4.76% 3.25% 0.81% -2.52% -6.94% -1.44% 7.15% 0.57% -1.25%3

 

Class A11

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC ANNUAL
2017 4.74% 8.05% 2.47% 15.97%3
2016 -19.27% -6.24% 2.34% 5.04% 0.78% -7.92% 14.12% 2.09% 5.00% -9.31% 2.95% 6.69% -8.01%
2015  — 1.93%** 0.24% -4.26% 4.88% 3.58% 1.33% -2.41% -6.76% -1.32% 7.27% 0.69% 4.44%3

 

Class F1

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC ANNUAL
2017 4.85% 8.01% 2.24% 15.79%3
2016 -19.29% -6.36% 2.40% 5.01% 0.76% -7.94% 14.09% 2.06% 4.97% -9.33% 2.92% 6.65% -8.30%
2015 1.93% 0.22% -4.29% 4.86% 3.56% 1.31% -2.43% -6.79% -1.35% 7.21% 0.67% 4.15%3

 

Class F11

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC ANNUAL
2017 4.32% 8.08%  2.50%  —  —  —  —  —  —  —  —  — 15.56%3
2016 -19.21% -6.16% 2.43% 5.12% 0.88% -7.85% 14.21% 2.19% 5.09% -9.23% 3.01% 6.72% -7.12%
2015  — 1.97% 0.34% -4.18% 4.98% 3.69% 1.43% -2.31% -6.66% -1.22% 7.38% 0.80% 5.52%3

 

Benchmark 2

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC ANNUAL
2017 2.68% 6.17%  -2.63%  —  —  —  —  —  —  —  —  — 6.15%3
2016 -18.33% -5.30% -3.07% 3.79% 2.03% -9.03% 8.51% -2.57% 0.78% -10.37% 2.81% -2.62% -30.94%
2015  — 4.53%** 4.05% -1.68% 6.76% 0.87% 6.40% -8.95% -14.52% 0.70% 9.67% 0.48% 5.84%3

1. Next Edge Bio-Tech Plus Fund returns are net of all fees and expenses associated with Class A Units charged from May 1st, 2015. Returns for 2017 are unaudited and subject to final confirmation. The historical annualized rates of return for March 31st, 2017 for Class A are 1 yr 38.35%, 3 yr – N/A, 5 yr – N/A, 10 yr – N/A; for Class A1 are 1 yr 37.73%, 3 yr – N/A, 5 yr – N/A, 10 yr – N/A; for Class F are 1 yr 37.21%, 3 yr – N/A, 5 yr – N/A, 10 yr – N/A; for Class F1 are 1 yr 38.22%, 3 yr – N/A, 5 yr – N/A, 10 yr – N/A.
2. The Benchmark for the Next Edge Bio-Tech Plus Fund is:
(i) 40% of the percentage gain or loss of the S&P/TSX Capped Health Care Index; plus
(ii) 60% of the percentage gain or loss of the NASDAQ Biotechnology Index.
The Benchmark returns are unaudited and subject to final confirmation. The historical annualized rates of return for March 31st, 2017 for the Benchmark are 1 yr 6.15%, 3 yr – N/A, 5 yr – N/A, 10 yr – N/A
3. Part Year
* Part Month start date April 13th, 2015 to April 30th, 2015
** Part Month start date: February 17th, 2015 to Feb 27th, 2015