Investment and Retirement

ON THE RADAR

AN ASTRA FUND THAT IS MAKING ITS MARK IN THE CURRENT CONTEXT

ASTRA Jarislowsky Fraser Ltd. Canadian Value Equity

Manager: Jarislowsky Fraser Ltd.

Benchmark: S&P/TSX

Fund category (CIFSC): Canadian Equity

The fund posts strong returns over periods of 3 months to 10 years.

ASTRA JARISLOWSKY FRASER LTD. CANADIAN VALUE EQUITY FUND

NET RETURNS AS AT OCTOBER 31, 2014

	3-MONTH	YTD	1-YEAR	3-YEAR	5-YEAR	10-YEAR
ASTRA Jarislowsky Fraser Ltd. Canadian Value Equity Fund	-1.75%	8.47%	12.50%	11.68%	8.23%	6.67%

Returns are annualized, except for periods of less than one year.

$10,000 invested in this fund for a period of 10 years would be worth $19,073 on October 31, 2014.

The fund maintains an overweighted position in the Consumer Staples and Consumer Discretionary sectors and an underweighted position in the Materials sector. Note that this fund has no positions in the Telecommunications and Health Care sectors.

WHY INVEST IN THIS FUND?

To benefit from the expertise of an experienced team of over 15 managers and analysts. The team holds over 200 meetings yearly with Canadian business executives.
To generate capital growth in the long term by investing in primarily Canadian securities.
To take advantage of an investment strategy that promotes a bottom-up management approach and mainly "value" management style. Security selection is based on the following criteria:
- Strong growth in company earnings
- Management quality and ethics
- Companies that generate major self-managed funds
- Companies with a strong balance sheet

Discover the ASTRA Jarislowsky Fraser Ltd. Canadian Value Equity Fund Facts

September 2014 Market Commentary – Jarislowsky Fraser Ltd.

Any amount that is allocated to a segregated fund is invested at the risk of the contractholder and may increase or decrease in value.

The returns shown do not take into account sales, redemption, distribution or other optional charges that would have reduced returns. Returns are annualized, except for periods of less than one year. Past returns are not a reliable indicator of future performance. This method of calculating returns is in compliance with the industry standards established by the Canadian Life and Health Insurance Association. For more information about this calculation method, please contact SSQ Client Services at 1-800-320-4887.