MLD Core Performance Update

Disciplined Allocation. Structural Results.

YEAR TO DATE As of February 28, 2026

Ranked #1 in Canada

Ranked #1 of 300 Funds

1-5 Year Rolling Periods

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MLD Core finished 2025 ranking first in its category across all major rolling periods. The fund has entered 2026 with continued strength, delivering 14.37% year-to-date performance as of February 28.

Results have been driven by disciplined allocation, active positioning, and a forward-looking framework designed to adapt as market conditions evolve. Balanced exposure should participate meaningfully when markets are constructive. Capital that accepts risk should be positioned to earn its share.

Positioning

Markets are offering opportunity. We are positioned to capture it.

This is not passive balance. It is active allocation.

Exposure is concentrated in areas showing earnings strength and durable demand. Positions are sized deliberately and adjusted when the risk/reward changes.

If capital is taking market risk, it should be structured to earn it.

Positioning drives results. Complacency does not.

Strategy

• Increased exposure where long-term demand and structural growth remain intact.
• Allocated capital where the risk/reward supports disciplined participation.
• Adjusted positioning as conditions evolve to protect gains and capture opportunity.

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Performance Overview

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Taking Risk Intentionally

Markets reward discipline over time. Simply being invested is not enough.

Capital should be positioned with intent. It should participate when conditions are constructive and adjust when they are not.

Risk is a choice. The structure behind it matters.

If you are going to take market risk, it should be deliberate, controlled, and positioned to earn its share.

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