Focused Global Trends Fund

Focused Global Trends Fund (the “Fund”) has been designed to take advantage of the expertise of Carnegie Asset Management (“Carnegie”) of Copenhagen, Denmark in investing in global equities. Carnegie has one of the premier long-term track records of any global equity manager and believes that global equities identified using its unique investment approach will continue to provide excellent long-term investment returns. The Fund’s portfolio is managed using the same investment approach that Carnegie has applied since 1986. This approach is employed by the Carnegie WorldWide Fund (Luxembourg), rated AAA by Standard & Poor’s. Carnegie believes that global trends are important drivers in generating long-term stable growth in portfolio investments and that a focus on these trends will generate consistently strong results over a long-term investment horizon. Using these trends as an investment framework, Carnegie has constructed a focused portfolio of 25 to 30 stocks. The core trends around which its portfolio is currently focused include emerging markets growth, infrastructure, energy and climate change.

Performance Update

Focused Global Trends Performance Update — Third Quarter 2008
English | French

Conference Call Replay

To listen to a replay of the Focused Global Trends Fund conference call held on November 4, 2008 please dial 416-640-1917 in Toronto or 1-877-289-8525 Toll Free and use the pass code 21287722#. The replay is available until Friday, November 28, 2008.