Fund Overview Webcast The Beutel Goodman U.S. Large Cap Value Equity strategy seeks to maximize returns over the long term through the application of a disciplined value investing approach emphasizing capital preservation and a focus on absolute risk and return. Highlights of the Strategy: Ranks in the top 10% of the Morningstar Large Value SMA peer universe over the trailing 3, 5, 10, 15 and 20 year time periods Attractive upside/downside capture ratio relative to Russell 1000 Value (5yr upside 115% / downside 86%) Concentrated portfolio with 27 holdings currently Past performance is no guarantee of future results.