1. NexGen Canadian Bond Funds

2. Why Add Bonds to Your Portfolio?
Adding bonds to a portfolio can lower risk by providing added stability
Low correlation to equities − 5-year correlation of 0.021
Lower volatility than equities
Source: Bloomberg
1 Source: Morningstar as of February Correlation of S&P/TSX Composite Index and FTSE TMX Canada Universe Bond Index

3. NexGen Canadian Bond Funds*
Objective
Pursues a steady flow of income while preserving capital primarily through investments in Canadian fixed income securities.
Strategy
Invests directly in fixed income securities such as bonds issued or guaranteed by Canadian governments, corporate debentures, mortgage backed and asset backed securities with maturity dates in excess of one year.
Multi-strategy investment approach that incorporates analysis through sector allocation, security selection, yield curve positioning, interest rate anticipation and preferred shares.
Benchmark
FTSE TMX Canada Universe Bond Index
*Refers to NexGen Canadian Bond Tax Managed Fund and NexGen Canadian Bond Fund. The NexGen Canadian Bond Fund is sub-advised by J. Zechner Associates Inc. Effective June 13, 2016, the Tax Managed Fund invests substantially all of its portfolio assets in units of the NexGen Canadian Bond Fund.

4. J. Zechner Associates Inc.
Founded in 1993 − 100% employee-owned
Focused on clients’ portfolios with non-bureaucratic and nimble structure
Capacity to add assets without compromising style and service quality

5. Canadian Bond Investment Team
Jeff Herold, CFA
CEO, Lead Fixed Income Manager
38 years investment experience
Experience in fixed income markets spans several cycles & underlies his multi-strategy approach to managing fixed income portfolios
Dax Letham, CFA
CIO
18 years investment experience
Previously worked at SEI Investments, helping manage $1B+ in fixed income assets
Ian Clare, CFA Analyst
15+ years of fixed income experience
Previous work experience includes Bank of Montreal and pension plan managers
Other funds sub-advised by J. Zechner Associates NexGen Canadian Cash Funds
NexGen Canadian Preferred Share Funds
NexGen Intrinsic Balanced Funds* *Fixed income component only

6. Investment Process
A robust, multi-strategy approach to managing fixed income investments seeking reduced volatility and improved returns.

7. Active Management Advantage
Potential to outperform the benchmark
More concentrated portfolio
Can overweight undervalued sectors
Can invest in attractive securities not included in the FTSE TMX Canada Universe
e.g. NHA MBS, maple bonds, stripped coupons, real return bonds, NVCC bank debt, high yield issues
Credit analysis to protect capital value
Use of cash equivalents as defensive strategy

8. NexGen Canadian Bond Funds: Portfolio Characteristics & Allocations
As of March 31, 2017
Credit Quality
Maturity Range
Characteristics
Yield to Maturity
2.4%
Current Yield
3.3%
Duration (Y)
7.1
Average Maturity (Y)
9.1
Asset Allocation
Fixed Income
94.2%
Cash & Equivalents1
4.8%
Preferred Shares
1.0%
Geographic Allocation
Canada
98.5%
United States
1.5%
1 Cash & equivalents includes cash, short-term investments and working capital.

9. NexGen Canadian Bond Funds: Portfolio Allocations
As of March 31, 2017
Top 10 Investments
Name
% of NAV
British Columbia Prov Of 5.70% 06/18/2029
6.5%
Canadian Government 5.75% 06/01/2029
6.4%
Canada Housing Trust 1.75% 06/15/2018
6.3%
Canada Housing Trust 1.90% 09/15/2026
6.2%
Ontario (Province Of) 2.60% 06/02/2025
5.8%
Canadian Government Rrb 4.25% 12/01/2026
5.3%
Cash & Equivalents1
4.8%
Province Of Quebec 2.50% 09/01/2026
4.5%
Canada Housing Trust 2.90% 06/15/2024
3.8%
Province Of Quebec 5.00% 12/01/2038
3.1%
Sector Allocation
Corporate Bonds
44.0%
Municipal Bonds
25.0%
Federal Bonds
16.3%
Provincial Bonds
7.6%
Cash & Equivalents1
4.8%
Asset Backed Securities
1.3%
Financials
1.0%
1 Cash & equivalents includes cash, short-term investments and working capital.

10. NexGen Canadian Bond Funds: Performance
As of March 31, 2017
1 month
3 month
6 month
1 year
3 year
5 Year
10 Year
SI*
Tax Managed
0.3%
1.2%
-2.2%
1.4%
2.3%
2.1%
3.6%
3.7%
NexGen Canadian Bond Fund
0.2%
-2.3%
2.4%
2009
2010
2011
2012
2013
2014
2015
2016
Tax Managed
8.5%
5.0%
5.4%
3.6%
-2.7%
6.8%
1.1%
1.0%
NexGen Canadian Bond Fund
8.1%
5.3%
6.7%
1.2%
*Since Inception: September 5, 2006.
Performance for the Tax Managed Fund is for the Capital Gains Class, Front End Load, Regular Series
Performance for the NexGen Canadian Bond Fund is for the Front End Load, Regular Series

11. Why NexGen Canadian Bond Funds?
Core Canadian Fixed Income Holding
The fund holds primarily investment grade fixed income securities, making it an ideal core fixed income solution for Canadian investors.
Conservative, Experienced Management
The portfolio management team has over 80 years of combined investment management experience. With experience managing institutional, pension and high-net worth investments, they aim to provide strong, long-term results through a consistent strategy.
Tax Advantage
Interest income is taxed at the highest rate of all income. The NexGen Canadian Bond Tax Managed Fund is structured on a tax preferred basis, giving investors the power to choose their preferred income stream.

12. Disclaimer
Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. The indicated rates of return are the historical annual compounded total returns including changes in share value and reinvestment of all distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any securityholder that would have reduced returns. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.
This material may not be distributed, published, or reproduced, in whole or in part. Although NGAM Canada LP believes the information provided in this material to be reliable, it does not guarantee the accuracy, adequacy or completeness of such information.
NGAM Canada LP is the manager of the Fund and is an affiliate of Natixis Global Asset Management S.A.
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2. As of December 31, 2016.
NGAM Canada LP ngam.natixis.ca March 2017