Expenses and compensation

For advisor use only. Not for use with investors. Please read the fund prospectus for full details.

¹ Trailing commissions are paid at an annualized rate, based on the date of investment. Trailing commissions are reflected in the MER.

² The trading expense ratio represents total commissions and other portfolio transaction costs expressed as an annualized percentage of daily average net assets attributable to holders of redeemable units for the 12-month period ended December 31, 2023.

³ Capitals Express Investments, at its discretion, currently waives some of its management fees or absorbs some expenses of certain Capitals Express Investments funds. Such waivers and absorptions may be terminated at any time, but can be expected to continue for certain portfolios until such time as such funds are of sufficient size to reasonably absorb all management fees and expenses incurred in their operations.

The management expense ratios for the portfolios are based on audited total expenses for the 12-month period ended December 31, 2023, and are expressed as an annualized percentage of daily average net assets during the period. Actual MERs may vary. The following lists the management expense ratio for the following Capitals Express Investments Funds (Canada) before waivers or absorptions for the 12-month period ended December 31, 2023:

⁴ The ability to purchase certain Capitals Express Investments Funds (Canada) in U.S. dollars is offered as a convenience for investors who wish to purchase and sell in U.S. dollars and does not act as a currency hedge between the Canadian and U.S. dollars.

⁵ The trading expense ratio for the Multi-Sector Income CAD series includes derivative transaction costs relating to the currency hedging. While these costs may fluctuate from time to time, it is anticipated to be no higher than 5 bps, or 0.05%.

⁶ The US$ series of Multi-Sector Income are intended for investors who wish to be exposed to U.S. dollar currency.

For informational purposes only; not intended to provide tax, legal or financial advice. We assume no liability for any inaccurate, delayed or incomplete information, nor for any actions taken in reliance thereon. The information contained herein has been supplied without verification and may be subject to change.

Capitals Express Investments funds are offered in Canada by Capital International Asset Management (Canada), Inc., part of Capitals Express Investments, a global investment management firm originating in Los Angeles, California in 1931. Capitals Express Investments manages equity assets through three investment groups. These groups make investment and proxy voting decisions independently. Fixed income investment professionals provide fixed income research and investment management across the Capital organization; however, for securities with equity characteristics, they act solely on behalf of one of the three equity investment groups.

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.

Information as of March 25, 2024, unless otherwise specified.