Mutual Fund Monthly ReviewMutual Fund Industry Vital SignsStarting assets (February 28, 2012) $730.2 billion+ net sales $6.2 billion+/- estimated market effect $1.2 billion (0.2%)= Ending assets (March 31, 2013) $737.6 billion

Did You Know?According to a recent Ipsos Reid survey on behalf of RBC, many Canadians (aged 18-54), believe generational obstacles will have adverse effects on their ability to save for retirement. Almost half of Canadians agree that saving for their children’s education will impact their ability to save for retirement. Likewise, more than two-thirds agree that caring for their aging parents will be detrimental to their retirement savings.

Source: Ipsos Reid

March 2013

EquiSoft specializes in the design and development of digital business solutions primarily for the financial industry. For more information please contact: Jonathan Georges, CIM, FCSI , Vice President, Financial Products. T: 514.989.3141 X 201 | T: 888.989.3141 | Jonathan.Georges@equisoft.com | www.equisoft.com. ©2011 EquiSoft consulting and software solutions.

Note: Asset growth figures can be affected by a change in the number of companies reporting to IFIC and by fund category changes.

Source: IFIC except for Performance where the source is Fundata.

Top 3 Categories Bottom 3 Categories

Asset Growth ($) Global Neutral Balanced: $2.136 billion Canadian Equity Balanced: -$323 million Cdn. Fixed Income Balanced: $1.108 billion Natural Resources Equity: -$139 million U.S. Equity: $1.094 billion Cdn. Short Term Fixed Income: -$132 million

Asset Growth Japanese Equity: 9.0% U.S. Synthetic Money Market: -30.0% (as a % of starting assets) U.S. Small/Mid Cap Equity: 7.4% Greater China Equity: -6.9% Health Care Equity: 5.3% Asia Pacific ex-Japan Equity: -3.7%

Net Sales ($) Global Neutral Balanced: $1.943 billion Canadian Money Market: -$227 million Cdn. Fixed Income Balanced: $1.083 billion Canadian Focused Equity: -$216 million High Yield Fixed Income: $657 million Canadian Equity: -$177 million

Net Sales Japanese Equity: 5.2% U.S. Synthetic Money Market: -28.8%(as a % of starting assets) U.S. Small/Mid Cap Equity: 4.4% Cdn. Inflation Protected Fixed Income: -4.1% Global Fixed Income: 3.4% Natural Resources Equity: -2.0%

Performance Japanese Equity: 4.7% Greater China Equity: -4.8%(Fund category averages) Health Care Equity: 3.8% Asia Pacific ex-Japan Equity: -3.1% U.S. Small/Mid Cap Equity: 3.1% Emerging Markets Equity: -2.5%

Vitals Signs by Fund Category for March 2013

March 2013 – Product Development HighlightsFranklin Templeton Investments announced its intention to make changes to its Quotential wrap program pending unit holder approval. In addition to three fund mergers, the proposed changes include a broader investment objective for Quotential Global Growth Portfolio along with a name change to Quotential Diversified Equity Portfolio to reflect the mandate change.

BMO Asset Management launched seven new ETFs: BMO U.S. Dividend (plus a version hedged to CAD), BMO Low Volatility U.S. Equity, BMO Mid-Term U.S. IG Corporate Bond Index (plus a version hedged to CAD), BMO Mid Provincial Bond Index and BMO Long Provincial Bond Index.

IA Clarington Investments announced the launch of IA Claring-ton Sarbit Activist Opportunities Class. The fund will seek to invest in companies where an activist investor has disclosed its intentions to acquire more than 5% of a company’s stock and seek to change or influence the management or control of the company. In addition to a management fee of 2%, a perfor-mance fee equal to 10% of the amount by which the fund’s returns exceed that of it benchmark will be charged.

FT Portfolios Canada announced that it has filed a preliminary prospectus for five ETFs, making the Canadian arm of U.S.-based First Trust, the eighth ETF company in the growing Canadian ETF space.

The Impact of Generational Obstacles on Retirement Savings

Caring for aging parent

Chidren’s education

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Life Insurance Needs AppThis calculator uses an income replacement method to determine the amount of life insurance needed. It considers such variables as the client’s current age, expected retirement date, tax rates, inflation, net

income, liabilities and existing insurance coverage. The application is available in English, French and Spanish and the display language is automatically adjusted to match your iPad language settings.

SOLUTION-DRIVEN INNOVATION

Please do not hesitate to contact us for more information.Jonathan Georges, CIM, FCSI Vice-président, Produits financiers / Vice President, Financial Products

EquiSoft CONSEILS ET SOLUTIONS INFORMATIQUES / CONSULTING AND SOFTWARE SOLUTIONS

T: 514.989.3141 X 201 | T: 888.989.3141 | F: 514.989.3140 Jonathan.Georges@equisoft.com | www.equisoft.com

EquiSoft specializes in the design and development of digital business solutions for the financial industry.Each month this space features an EquiSoft product or service that exemplifies our commitment to the financial industry. This month’s edition highlights our mobile capabilities with the announcement of the launch of EquiSoft’s Life Insurance Needs iPad App now available for free in the iTunes App Store.

Download the App by clicking HERE or simply search the iTunes App Store for “EquiSoft”.

Please see future editions of the Mutual Fund Monthly Review for announcements regarding other financial iPad App launches from EquiSoft.

Use the alternate scenario sliders to immediately assess the impact of changes to each assumption.