Mackenzie | MSP Fund-Linked Notes

Segregated Funds

MSP > FUND-LINKED NOTES

For more information on a particular series or class of notes, click on the name or the FundSERV code of that series or class in the tables below.



Glossary

high-water mark	The highest daily net asset value per note since its issue date.
price	The bid price for the note.
return	The pre-tax return to an investor who purchased the note on its issue date, assuming the reinvestment of any distributions in the note. For a note that is less than one year old, the simple rate of return is shown. For a note that is at least one year old, the compounded annual rate of return is shown.
benchmark GIC	The GIC that was available for purchase on the issue date of the note, having the same original term to maturity as the note. Its total return is the pre-tax return to an investor who purchased the GIC on its issue date, assuming the reinvestment of any distributions in the GIC. For a GIC that is less than one year old, the simple rate of return is shown. For a GIC that is at least one year old, the compounded annual rate of return is shown.
weighting	The percentage of the note's net asset value that is notionally invested in the fund portfolio.
observed	The simple rates of return, observed at quarterly intervals during the term of the note, to an investor who invested in the fund portfolio on the issue date of the note, assuming the reinvestment of any distributions in the fund portfolio. Each simple rate of return is calculated from the issue date of the note to the relevant observation date.
average	The average of all the simple returns observed to date.
to go	The number of simple returns remaining to be observed during the term of the note. This number is expressed in terms of the total number of simple returns that have been, or remain to be, observed during the term of the note. For example, "10/24" means that the variable return on the note will be computed on the basis of an average of 24 simple returns, of which 10 remain to be observed.

Prices are indicative as of the close of business on the dates indicated above. Prices are provided by BMO Nesbitt Burns Inc. (for notes issued by Bank of Montreal) and CIBC World Markets Inc. (for notes issued by Canadian Imperial Bank of Commerce), and have not been verified independently by Mackenzie. The sale of a fund-linked note may be subject to an early trading charge that will reduce the seller’s proceeds of disposition, as described in the Information Statement pertaining to that note. For complete disclosure relating to a particular series or class of notes, consult the Information Statement pertaining to that series or class of notes. Investors are encouraged to read this document carefully before making any decision to buy, hold or sell notes.